Interesting. Applying a channel to GA suggests that we wait for a retrace back to the centre line, then look for 5 method signals with the potential of a maximum of 1,000 pips down. image ​

Trading Made Simple

Hi ​ I am still learning but my view is that it will rise higher than your projected point - to the top (angled) level of your wedge on daily - at around 1.36850. Then if it doesn't break that it'll continue 1.3400. If it retraces to either of our ...

Trading Made Simple

​This drive is an absolute treasure chest of insights and learnings! Thanks to the curator

Trading Made Simple

​Yep, I'm in from last bar close

Trading Made Simple

A very worthy first contribution to the site!

Trading Made Simple

I was in that at LO too but moved my SL to BE too early.. I also re-entered on break of London low and took 50 pips image

Trading Made Simple

Agreed. To be clear, I would skip this trade also.

Trading Made Simple

Interesting. There are some significant areas of support in Aug and Sept 2015 that we are touching right now (your purple Big Picture Plan lines). I assume your first entry was on last bar/TDI cross - so you are 160+ pips to the positive already ...

Trading Made Simple

How close am I to the previous high or lo There's not much history to look left on in this pic, but from what we can see, there are areas of interest. The second and third bar from left are of interest. The current bar is about to it the third, and ...

Trading Made Simple

Deserved results as ever. I'd say that karma played a role from the selfless effort you put in to this group, but I know that it is long-learned skill that brought this success, so the karma is clearly saved/used in another way What is the ...

Trading Made Simple

How do we feel about this potential long on Usd/Cad D1 if we get a strong cross? It's bouncing of late Dec support. image

Trading Made Simple

No. One of the principle rules is that you should enter on the close of the first or second (colour change) candle. You are entering on a later candle (4th or 5th depending on if we are looking at the red vertical line or arrow)

Trading Made Simple

It was at around 55% ADR when I entered so still room to move. TP1 closed at 30p and letting the the second half run with TP currently at BE.

Trading Made Simple

Likewise image

Trading Made Simple

Strongly agreed and seconded!

Trading Made Simple

url

Trading Made Simple

Thanks Em - you are right, I am not painting the whole picture here.. I should have elaborated that PA, trend direction and S/R should still be assessed on trading time frame - get that - my focus was on the scenario that I outlined was where you ...

Trading Made Simple

Page 56 of the same BigE PDF as above Our friends outside the USA.... I believe the London Session is the best sesson to trade... The only reason I trade it on the 4hr charts because that's my normal sleep time. I put my S/L at the previous swing ...

Trading Made Simple

A: How does BigE answer this question. Page 64 of 'Trading Made Simple BigE's posts'. "vbmark - Question: Do you confirm with other time frames... NO"

Trading Made Simple

It seems to be there are a mixture of 4h and 1h traders here that have mastered the 5 method. How do you address the challenge of finding a strong trade contender on your preferred time frame (say 1h) but then viewing the HTF and seeing an issue ...

Trading Made Simple