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  • #2,721
  • Jun 22, 2022 8:35am Jun 22, 2022 8:35am
Quoting aahmad29
{quote} Nice Good Morning. Yesterday my buy limit got executed and today it hit TP @ 1838. Then price went up executed my sell limit order and hit TP @ 1838. I had a nice trap for PA ; just kidding I have set another Buy limit and Sell limit {image}
I was going to post chart of active trade and meanwhile my trade hit TP@1838

I have set another Sell limit @1841

Update: Sell order executed
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Love for all; Hatred for none.
  • #2,722
  • Jun 22, 2022 8:52am Jun 22, 2022 8:52am
Quoting Profit1986
Hi, Xauusd Buy{image} Edit- TP= 1845.07 Trade Safe
TP HIT......

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Trade Safe
  • #2,723
  • Jun 22, 2022 9:34am Jun 22, 2022 9:34am
Quoting aahmad29
{quote} I was going to post chart of active trade and meanwhile my trade hit TP@1838 I have set another Sell limit @1841 Update: Sell order executed {image} {image}

Well done @Profit1986 and @aahmad29 ! Seems like peeps are owning the orders today! Just curious to see when it will tank... or rally!
"Who Dares Wins"
  • #2,724
  • Jun 22, 2022 9:40am Jun 22, 2022 9:40am
Hi,

We see negative divergence in GOLD 5 mint time frame RSI,

Good to sell gold
  • #2,725
  • Jun 22, 2022 9:54am Jun 22, 2022 9:54am
Quoting Ravenfeeder
{quote} Well done @Profit1986 and @aahmad29 ! Seems like peeps are owning the orders today! Just curious to see when it will tank... or rally!
I also have limit orders for rally , only the thing is that my system do not give quick profit on rally but ultimately it will take little more time and will give me profit.

I am ready for all situations
Love for all; Hatred for none.
  • #2,726
  • Edited 11:38am Jun 22, 2022 11:27am | Edited 11:38am
Quoting aahmad29
{quote} I was going to post chart of active trade and meanwhile my trade hit TP@1838 I have set another Sell limit @1841 Update: Sell order executed {image} {image}
Hit TP@1838.
So far 8 trades has hit profit from 1841 to 1838

Now again i have two limit orders.

Buy limit @1832
Sell Limit@1841

I am close to last week profit figures p+ 3941. I need one more trade to beat that target.
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Love for all; Hatred for none.
  • #2,727
  • Jun 22, 2022 1:13pm Jun 22, 2022 1:13pm
Quoting aahmad29
{quote} Hit TP@1838. So far 8 trades has hit profit from 1841 to 1838 Now again i have two limit orders. Buy limit @1832 Sell Limit@1841 I am close to last week profit figures p+ 3941. I need one more trade to beat that target. {image}
Sell limit got activated again so lets see if it hit TP ninth times

So far this week performance

8 short positions closed 1841 to 1838
2 Long Positions closed 1832 to 1838
Love for all; Hatred for none.
  • #2,728
  • Edited 3:43pm Jun 22, 2022 2:48pm | Edited 3:43pm
Quoting aahmad29
{quote} Sell limit got activated again so lets see if it hit TP ninth times So far this week performance 8 short positions closed 1841 to 1838 2 Long Positions closed 1832 to 1838
Hit TP. I have set sell limit @1841 again for tenth times. I will post chart later. One trader PM me and asked one question and that question is very valid question but I think that trader missed my post. Question was that if I am setting up sell limit order at 1841 and TP is 1838 then why don’t I put buy limit at 1838 and TP @1841 so that I have more profit?

Answer is that I am more disciplined in trading ,I have made one rule that if price is in my Sell zone then I don’t buy and if price is in my buy zone then I don’t sell. Middle line of target band is boundary for me. Upper area of middle line is sell zone and below the middle line is buy zone.

I had 8 short positions which are above middle line and two long positions which are below the middle line.
Love for all; Hatred for none.
  • #2,729
  • Jun 22, 2022 3:41pm Jun 22, 2022 3:41pm
Quoting aahmad29
{quote} Hit TP@1838. So far 8 trades has hit profit from 1841 to 1838 Now again i have two limit orders. Buy limit @1832 Sell Limit@1841 I am close to last week profit figures p+ 3941. I need one more trade to beat that target. {image}
Hit TP of ninth trade @1841

I also beat my profit score of last week
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Love for all; Hatred for none.
  • #2,730
  • Jun 22, 2022 7:08pm Jun 22, 2022 7:08pm
Quoting aahmad29
{quote} I am using three systems. 1) Supply and Demand (daily levels) 2) Billy and Jim TMA & Channel 3) Trading focal point Note: There are not many rules and i use these systems for my analysis. There is one Hard rule for me that i don't enter into long position in sell zone and vice versa. Above middle line of TMA band is my sell zone and below middle line of TMA is my Buy zone.
Hi Aahmad, Are these indicators free or paid? Would you mind sharing your indicators and template if these are free.
  • #2,731
  • Jun 22, 2022 7:27pm Jun 22, 2022 7:27pm
Quoting pundit78
{quote} Hi Aahmad, Are these indicators free or paid? Would you mind sharing your indicators and template if these are free.
These are free and go to trading system named Billy and Jim TMA &Channel. Remember that I only use it H4 time frame and only for Gold. Indicators are repainting
Love for all; Hatred for none.
  • #2,732
  • Jun 22, 2022 7:40pm Jun 22, 2022 7:40pm
Quoting aahmad29
{quote} These are free and go to trading system named Billy and Jim TMA &Channel. Remember that I only use it H4 time frame and only for Gold. Indicators are repainting
Thanks
  • #2,733
  • Jun 22, 2022 9:17pm Jun 22, 2022 9:17pm
Quoting aahmad29
{quote} These are free and go to trading system named Billy and Jim TMA &Channel. Remember that I only use it H4 time frame and only for Gold. Indicators are repainting
Hi Aahmad, Sorry to bother you again. I downloaded TMA channel from Billyand Jim thread but not able to figure out any thing. I just want to know how you exactly trade with set of rules defined. I am in similar situation of day job and could not concentrate much on charts and everything. I just want to trade H4 TF on one pair preferably Gold with limit orders I found this is how you trade. If you can tell me your exact set of rules and give me other indicators used, it will be great help.
  • #2,734
  • Jun 22, 2022 10:21pm Jun 22, 2022 10:21pm
Quoting pundit78
{quote} Hi Aahmad, Sorry to bother you again. I downloaded TMA channel from Billyand Jim thread but not able to figure out any thing. I just want to know how you exactly trade with set of rules defined. I am in similar situation of day job and could not concentrate much on charts and everything. I just want to trade H4 TF on one pair preferably Gold with limit orders I found this is how you trade. If you can tell me your exact set of rules and give me other indicators used, it will be great help.
Sorry I won’t recommend my method of trading because many times my orders are running without stoploss. I keep buying it at over sold level and keep selling at overbought levels. There are no such rules. But still I will try to summarize and will sent to you tomorrow
Love for all; Hatred for none.
  • #2,735
  • Jun 22, 2022 11:07pm Jun 22, 2022 11:07pm
Quoting aahmad29
{quote} Sorry I won’t recommend my method of trading because many times my orders are running without stoploss. I keep buying it at over sold level and keep selling at overbought levels. There are no such rules. But still I will try to summarize and will sent to you tomorrow
Thanks
  • #2,736
  • Jun 23, 2022 12:30am Jun 23, 2022 12:30am
Quoting pundit78
{quote} Hi Aahmad, Sorry to bother you again. I downloaded TMA channel from Billyand Jim thread but not able to figure out any thing. I just want to know how you exactly trade with set of rules defined. I am in similar situation of day job and could not concentrate much on charts and everything. I just want to trade H4 TF on one pair preferably Gold with limit orders I found this is how you trade. If you can tell me your exact set of rules and give me other indicators used, it will be great help.
If you check my recent posts , you will see white x sign and red x sign. White x sign is buy and red x sign is sell. Always wait for candle close. I open maximum of ten trades. Take profit at opposite white line of target band. Try it on demo at H4 time frame.

I do trading on continuous monitoring of PA and keep reading analysis of different traders and can not really have any other rules. But if you want rules then just follow it as I mentioned above.
Love for all; Hatred for none.
  • #2,737
  • Jun 23, 2022 2:28am Jun 23, 2022 2:28am
Quoting aahmad29
{quote} If you check my recent posts , you will see white x sign and red x sign. White x sign is buy and red x sign is sell. Always wait for candle close. I open maximum of ten trades. Take profit at opposite white line of target band. Try it on demo at H4 time frame. I do trading on continuous monitoring of PA and keep reading analysis of different traders and can not really have any other rules. But if you want rules then just follow it as I mentioned above.
hi , Can u give me Download Link of "TMA channel" Thanks
  • #2,738
  • Jun 23, 2022 2:37am Jun 23, 2022 2:37am
Quoting aahmad29
{quote} Hit TP of ninth trade @1841 I also beat my profit score of last week {image}
Can u please tell me what kind of Indicator it is ??
  • #2,739
  • Jun 23, 2022 6:14am Jun 23, 2022 6:14am
Quoting ForexGoose
I will sell with a stop above 1850. {image}
waiting for it to dump
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #2,740
  • Jun 23, 2022 7:07am Jun 23, 2022 7:07am
Quoting SadiaQureshi
{quote} hi , Can u give me Download Link of "TMA channel" Thanks
Visit Trading system “Billy and Jim & TMA channel”
Love for all; Hatred for none.
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