Could you please explain why you entered after such a big candle? Thank you very much

Trading Made Simple

Seems that I perform better on D1.... or at least yesterday and today. image A total of +339 pips today, and two positions open for +50 pips each one, BE. Phx62, fantastic trades as always. So many pips per day!

Trading Made Simple

Thanks for answering. I don't trade any specific session, I just try to open the charts each four hour. I'm experimenting with pending orders, but not if there are a lot of news.

Trading Made Simple

Nice catch ZeF. I managed to grab +27,+50, +66 on EURJPY. But that does not make the several bad entries I made, losing +50pips x 3 in three trades. Don't know what I was thinking about... perhaps it was that I opened them in the middle of the night ...

Trading Made Simple

Fantastic!! From resistance to support, right? May I ask how do you set the S/R levels? I use the approach explained on the Strats stress free trading, which is changing to line chart, and drawing a line if it has been tested several times, but I ...

james16 Chart Thread

Very fine trade! I won some little pips, not much, I always fear more these days where are very important news (FOMC, USD rate), I'm not very confident with my PA reading What is your TP?

james16 Chart Thread

Should have stayed in. Again, fear on the little pullback made me exit it. It was a clear PCRF on H4. Not quite a pinbar, but still a good signal.

Trading Made Simple

Got +20 x 2 pips on that. It's something. I did not take any other trades after the last US news, as I can not monitor because I'm on H4. I thought it is not safe. I'll check again at home, just one hour before FOMC, but I suspect fear will prevent ...

Trading Made Simple

thanks k, it's one of the things I'm trying to do, I'm setting now my TPs based on the ATR(7) and I open three positions, now I just have to be on the right side lol. At least I expect to reach TP1 which is 1.5 times ATR(7), and the other two, in ...

Guccilicious

wow, everything went up so quickly, and it's falling... didn't expect that, missed the up move. Could be because of the FOMC news later?

Trading Made Simple

I'm glad everything's good on your side! Well, I'm still on demo because I'm still losing, and not being profitable. I have a good week, and then two bad weeks, and so on... my demo account is -10000$. I changed several times the strategy, because ...

Guccilicious

me too, four trades, four losers... I'm starting to pay more attention to price action, because I was paying too much attention to the TDI, and obtaining decent results one week, and then lose a lot next two weeks, and so on. I started a demo ...

james16 Chart Thread

how's everything going over here? hope it's ok

Guccilicious

I agree ... just when I think I'm getting it on a consistent basis, I do something stupid again and there goes some of my profit .. eish. But patience and hard work (old charts and Phx studies) is the solution according to the senior members .. so ...

Trading Made Simple

Hi Emmanuel, first thank you for your last answer to my question, the one about the SLs and TPs. I have a question about your entry in this trade, what triggered your entry? TDI bar was past #3. I see three possible things, but I'm not pretty sure. ...

Trading Made Simple

Emmanuel, sorry for being so tiresome with you and asking a lot, I hope you could help me with this. As I told you before, I'm using your three pending order scripts on H4. I know that I have to take into account the volatility of each pair, but to ...

Trading Made Simple

Thanks for answering. I monitor the same pairs as you, plus gold, DAX, and S&P500. I tend to avoid reversal, because one of my rules is that I only go long if price above 50EMA, and short only if price below 50EMA, it helps me filtering some bad ...

Trading Made Simple

Emmanuel, may I ask if you're finding setups on H4? Last week I found a handful of good entry signals, but this week I only found a couple of H4 trades (per my rules / knowledge). I like to make at least one trade on H4 per day. What I see is that a ...

Trading Made Simple

Fantastic trades strat! The MA from the shadow are 20 and 50, or 20 and 63? The path indicates 20,50 but here when you shared the indicator told to use 20,63. Also, I've been searching the paper clip for a document explaining how to use the strat ...

Strat's Long Term Stress Free Trading

I avoided *CAD* today and no trades for the moment today. I will be late for the next candle, but I hope to find some entries in the next candle or two.

Trading Made Simple