forget the wheel barrow. I got my heart set on one of these. image

Trading Made Simple

Currently waiting for a long signal in AUDCHF. Close to it's lower range on H4 and Daily. TDI starting to change direction and price close to S/R levels. Also looking for possible shorts in GBP/AUD and EUR/AUD image

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Have you looked at Alpari? They offer spread betting on MT4. Has anyone got experience with Alpari?

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Looks like the green tdi line was flat when you took the trade and you were close to a major resistance line. I decided not to take the same trade for those reasons.

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Had a great week in TMS. Took loads of pips from AUDCHF and GBPAUD. Big thank you to the thread. I also started a home course by Dr Van Tharp (7 principles of great trading & Trade your way to financial freedom) which has completely changed my view ...

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thanks.

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what made you place your SL there? I would have had it trailing at 20pips.

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Sorry my bad wasn't specific. If I was to trade this it would be a long. It's bouncing of major support, TDI crossed up. But it's also near resistance and the bounce was stalled a bit by news. What i'm trying to learn is when not to trade even when ...

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I have a question. On this graph the AUDCHF looked like it was gonna continue its down trend after the news but now it has corrected and appears to be continuing up. My question is does the spinning top HA candle represent indecision in the same way ...

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Oops my bad, While we are at it Numb3s and Griffinsoul have been a great help too. I hope to learn all I can from you guys. I must admit I wish I was here a few years ago.

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Thanks Snarley. I live down the road from London but work shifts in my day job (2days,2nighs, 4off). I have a degree in Computer forensics and was a professional BA for Hewlett Packard until I had a couple of brutal years where I got made redundant, ...

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so do I place my trade and then drop the ea in the chart?

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Looks like the news has influenced this one to continue it's down trend.

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Sorry for being dumb. But what exactly is this? what benefit does it give me? and how do i use it? I loaded it to see what it was about and all I get is a black label box on the graph. Many thanks.

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Thanks. I will wait for the candle to close and the news to settle before I make a decision. Has pulled back a little since the news.

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AUDCHF 4hr looks like its preparing to move. not sure about the d1 view though. it is pulling back of a major resistance but still showing a lot of red but h1 looks like it could be a complete trend reversal. Any thoughts? image

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Thanks, at the most i think it's worth 20-30 pips the daily is pulling back a bit. HA candles getting smaller. So will pass.

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Hi Likica. What indicator do you use to predict the ATR and display the multiple TF direction? Is it smth you can share?

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What are your thoughts on this set up? image

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I was only in the one trade.

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