It's a daily resistance level, I actually took it at the open of the new day candle because it looked like this. H1 had good PA up until my entry, with a pullback candle failing to close above that violet line, TDI cross, APB changed color and broke ...

Trading Made Simple

The fact that there were 2 sets of eur news and demand (look left). I took off mine for +7 because it was failing to go lower. Even though the news are euro negative, the market doesn't always react rationally and logically... Smart money moves out ...

Trading Made Simple

Thanks om It was very poor timing since I opened it at midnight my time, which is like 10 pm gmt... Fortunately it started to move around 4 in the night.

Trading Made Simple

+50 EJ, +7 EU (closed manually)

Trading Made Simple

Eu was a massacre for the early hours of the London session, I set a pending buy stop 4 pips (2 + 2 spread) above the ZEW candle it put me in a trade and as I was looking at it, I started to worry about it and closed it for a mere 12 pips profit as ...

Trading Made Simple

My advice to you is to stick to the lower-spread, lower volatility pairs. A EU, GU, EJ or EA pair have good ranges, but aren't nearly as volatile as let's say EN, GN or heck even GJ. Let me tell you that a purely volatile pair that goes all over the ...

Trading Made Simple

Majors you don't need to constantly look at 40 pairs, and you don't need to constantly be in a trade. Try checking 4 pairs every morning - EU, GU, EJ, GJ and be careful not to take a short on EU if GU is going up or vice versa. Be aware that GBP ...

Trading Made Simple

Well my trailing to hit, but initially this GJ short was set and forgotten last night as a sell-stop pending order below the last swing low, with an expiration 1 minute before LO, a 50 pip SL and 50 pip TP. I set a 30 pip trailing stop (mt4 built-in ...

Trading Made Simple

2nd trade of the week, this time I moved my TP from +50 to +40 and it got hit. I also moved my stop to b/e after 30 pips, just to be on the safe side. It is probably going to retest the most recent swing high, but I'm happy with my +40 and I'll be ...

Trading Made Simple

Are you me?

Trading Made Simple

EU out at breakeven, wow talk about poor judgement

Trading Made Simple

Well that went well... -20 loss dropping this pair from my portfolio, officially sick of its retarded moves and fakeouts

Trading Made Simple

This trade isn't so much a TMS one, it's more based on fundamentals. My interpretation of the weak NFP data is that this showed signs of the US realizing they bit off a bigger mouthful than they can chew, there will be no hike neither in June nor by ...

Trading Made Simple

EU H4 post NFP long - holding on for 1.1090 (100 pip target) UJ H1 signal just now - holding for 118.65 (30 pip target) taken with TDI and divergence Hoping for a weak dollar

Trading Made Simple

I set a gynormous target of 50 pips after it went above the daily range and it turned so suddenly, it left me standing in denial that it won't reach my target (today). Big boys are closed for the weekend for 2 hours now and I am currently sitting ...

TMS for M30 charts

Thanks lik, hopefully if I can start throughout the London session, I may actually bag bigger lots

TMS for M30 charts

+20 EU +10 EJ and along with my earlier UJ short that went +11, that makes a total of 41 pips for today. Taking a break now...

TMS for M30 charts

+11, I entered on the fourth candle, because it had a fuller body and less of a wick. I was considering shorting because price kept making lower lows despite not being able to close lower for some time. It moved so slowly and bounced off the H1 ...

TMS for M30 charts

Okay, at last I have some time to try something new Starting this week, I'm going to give this thing a try

TMS for M30 charts

+50 and +20 on EU drop today...

Guccilicious