[quote=pips29;8984317] I was expecting a successful trade and was swayed by the initial success, and that of my UCad trade and a GCad I had going as well. Won't do that again.....

A very simple system - trade with arrow

The trades in the 2 posts above are my first attempts at trading on the 30m guided by the set-up on the Daily. In hindsight, I didn't take enough notice of what lay to the left on the ECad Daily chart. Also, the set-up on the Daily wasn't that ...

A very simple system - trade with arrow

ECad trade today: On Wednesday close, Daily had a 3-tap trendline and a close above the PAC and the TDI 50 line (but not above the 34ema.) On the 30m chart, there was a 3-tap trendline (arrowed) image and close above the PAC and 34ema over 4 hours ...

A very simple system - trade with arrow

UCad trades today: On Wednesday close, the Daily had a 3-tap trendline and close above the PAC and the TDI 50 (but not the 34ema). In the hour before LO, the 30m had a 3-tap trendline and close above the PAC, 34ema and TDI 50 line. +177 ...

A very simple system - trade with arrow

Stopped out alas. Was targetting the Daily 200ema but missed out by 2.8 pips. Hey ho.

A very simple system - trade with arrow

Good luck with the AU. I stopped looking at it due to the poor ADR. Re the D1 support: For me, there's a lot of movement on a 30m chart before D1 support is confirmed (or not, or price just hangs around) at the end of the day. It could be a few days ...

A very simple system - trade with arrow

I know FG. It's very speculative.

A very simple system - trade with arrow

EA short: The Daily has been sitting on heavy resistance for 6 days in a 100pip range. There's been a break short and back for a touch. I'm in.

A very simple system - trade with arrow

Italy were wonderful last night. Best skill level seen so far in the tournament.

A very simple system - trade with arrow

I've been taking some interest and envious glances at the H4 trend-following threads such as Dreamliner's High Flying Trading. He recommends entering when there is a close beyond the 34ema and adding after a retrace bar. Someone else on the thread ...

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Yes I really like that it gives me a close approximation of the TDI 50 line on the main chart. For any newbies reading this, the majority of a trend occurs beyond the TDI 50 line.

A very simple system - trade with arrow

Thanks. I know it's said that the 200ema is respected on all time frames but on H4 it's significant for me as it approximates the 34ema on the Daily.

A very simple system - trade with arrow

Hello pips29, I'm in GJ aswell. After the initial break just before LO and its retrace I suspected it would go again. I'm puzzled as to what you saw in the H4.

A very simple system - trade with arrow

Hi FG, Such are the joys of LO - you're looking at a pair that's behaving in an interesting way and another pair has shown a good signal that you've missed and you turn up and see the train disappearing into the distance. It's very frustrating. For ...

A very simple system - trade with arrow

Hello Nala66, Hidden divergence is just the name given to this kind of divergence. I assume you are familiar with what is called divergence where say price shows a lower low but the oscillator shows a higher low. The other name for hidden divergence ...

Hidden divergence

I saw you say that a few days ago. I can't imagine that you trade set-ups which occur just prior to some GBP and USD news times though.

TMS for M30 charts

If only we were in charge......

A very simple system - trade with arrow

Hi likica, Draghi was speaking at the time of your trade. I tend to be wary at those times. Aren't you?

TMS for M30 charts

Thanks pips29. Above 10 and 34EMAs on all htf charts, HLs and HHs, LO. Disappointing that you got stopped out. As yet, I haven't got beyond thinking that after the initial gain, my trades are in the lap of the gods as to whether a retrace is a ...

A very simple system - trade with arrow

Thanks. My entry criteria include break of a 3-point trend line, close beyond the PAC, divergence and hidden divergence, s/r and distinctive PA. I'm here for the education.

A very simple system - trade with arrow