I am not very confident with NZD/CHF coz its already touching the BB line. I know it has another 100 pips to swing low still going to stay away. What do you think about AUD/CHF..I know it has some wicks.

Monthly Profit - Daily Trading using SMA

It was a typo..I have corrected it now..thanks.

Monthly Profit - Daily Trading using SMA

My take is - AUD/CHF - Sell, EUR/JPY - Buy, NZ/USD - Sell. I wont go with EUR/GBP coz of the wicks. USD/CAD is still not very promising. Experts here can shed some light..

Monthly Profit - Daily Trading using SMA

I will be too scared to be in that woods

Lower risk, stress free TDI system

Thanks..when you look at the higher time frame (D1) do you look at the long term trend or just the trend in the past few days?

Lower risk, stress free TDI system

Thanks mambo

Lower risk, stress free TDI system

Thanks LL & Bob4. I used my TMS template and it looks like below. I see that it is against the Daily...do you ever take a trade against D1 when u use H4?

Lower risk, stress free TDI system

Is this a valid entry to go short?

Lower risk, stress free TDI system

Thank you Lookleft, I now know that was a stupid question to ask. Let me try some small lots for two weeks before I start with bigger lots.

Lower risk, stress free TDI system

Hi Lookleft..I have been staying away from Forex for a while and now since I have plenty of time I am back in action. Can you please elaborate how to validate the momentum looking at the TDI?

Lower risk, stress free TDI system

Thanks for the explanation.

Trading Made Simple

Thanks tibovwh.

Trading Made Simple

Lookleft..I took this GBPJPY trade today (went long at the close outside the DOL, see the arrow) and it hit my SL which was 75pips away (outside the channel). Is there anything that I should have done differently? Appreciate your comment.

Trading Made Simple

My bad, I had a look at it after I sent the message. It is mentioned I wont be able to see this on the chart rather on the status menu. I have a trade opened now, will check it and come back to you if I see any issues. Thank you as always/

Trading Made Simple

Lookleft Nice trade. I tried to use CM and set the Capital Protection option 'NOLoseAfter' to 25 pips. First position closed after hitting the First TP of 25 pips and moved another 10 pips up. Isn't supposed to move the Initial SL to BE since it has ...

Trading Made Simple

Did u enter after the price broke below BRN? I wanted to enter but since 200 ema was just below and YL was only 18 pips away didn't enter. How did you figure out the momentum by going to M15?

Trading Made Simple

You are right, I will have to spend some more time and make sure all these points are considered before taking any trade. Let me give it a try this week and find out if I can improve my discipline.

Trading Made Simple

Lookleft, thank you for your tips. I took the below mentioned trade on AUDJPY last week but failed. Is there anything more I could have considered before entering this trade?

Trading Made Simple

Hi Lookleft On a GJ pair when all the TSM conditions are met except the below, what would be your approach? There is more than 60 pips to the outside channel to set the SL, and only 30 pips to next BRN/RN/50,200 ema. Would you take this trade as the ...

Trading Made Simple

Lookleft, Thank you very much for your detailed explanation.

Trading Made Simple