DislikedI am looking at the watchdog indicator and understand it, except for the "Current HA ?/?/?" what is this telling me about Heiken Ashi candles?
Thank you.Ignored
Beat me to it
Trading Made Simple the right way, and other trading lessons 333 replies
Monitor for 'Trading Made Simple' system 563 replies
Indicators for the 'Trading Made Simple' system 343 replies
MTF Indicators for the 'Trading Made Simple' system 241 replies
Trading Made Simple system follower - Thanks to eelfranz 9 replies
DislikedI am looking at the watchdog indicator and understand it, except for the "Current HA ?/?/?" what is this telling me about Heiken Ashi candles?
Thank you.Ignored
DislikedThis indi was made by Plamendp, so look in the thread for his posts and you will find explanation in details, and up to date version of the indicator (I had and still have problems with overlapping of labels and am not using it. ).Ignored
DislikedI had the same problem, the reason is because you load a template. You need to load the Watchdog as a fresh version on each chart and then you will not have problem.Ignored
DislikedAnyone long on G/J? TDI just come up from 32 and nice cross.
I didnt get in though, the trend look very dangerous to go long.Ignored
DislikedI see what you mean. I will certainly start paying attention to the weekly and monthly time frames. I do remember in the material for the post that checking other tfs is important. But happens if the daily agrees with the weekly yet the monthly is opposite? The method is simple but honing it takes patience....thanks for replyIgnored
DislikedI missed out on that, and it turned out pretty well.
Waiting $ for news to clear.Ignored
DislikedI reluctantly entered this trade overnight. Second candle close was way up there, but I went for it anyway. Stop set at -30, Profit +60...
An hour later, I manually closed for +15 (why???) The trade would have run to my +60 as planned. I gotta stop doing that!
P.S. The one on to the far left was the night before. Very similar setup.Ignored
DislikedI reluctantly entered this trade overnight. Second candle close was way up there, but I went for it anyway. Stop set at -30, Profit +60...
An hour later, I manually closed for +15 (why???) The trade would have run to my +60 as planned. I gotta stop doing that!
P.S. The one on to the far left was the night before. Very similar setup.Ignored
DislikedI lost count of the amount of times I've manually closed a trade early for a few pips profit or loss thinking the trade was going against me, for it to then move and hit my original limit! I'm sure we're not alone here either!
I was making a classic trading error. Now though, once I set my TP and SL I don't touch the trade no matter what happens until one of them are hit. If the TDI crosses back - I leave it. If there's news - I leave it. If an elephant flies past my window - I leave it! (One exception I do have is if the TP/SL are not...Ignored
Dislikedpiprac
Here is the post . . .
[size=3]Higher time frame confirmation . . .
Traders . . .
[font=Calibri]When I sit down to trade, I make a decision as to whether or not I will be a buyer or a seller for each pair. Before placing any trades, I look at the direction of the higher time frame as it relates to my trading time frame. I do this so that I make sure I am on the “right side” of the market. This quick top down analysis helps me anticipate signals on my trading time frame and narrows...Ignored
DislikedI have received many messages recently containing the question “what do I do?” or "what do I do now?"Ignored
DislikedA great big thank you to Britpip7 for helping me load the TMS Histo indi - he very patiently showed me how this is done in Win7 which I may never get a handle on. Thanks again B. I didn't do well this morning during the NY session, just too much news and Greece again! -23 for the morning & I don't usually trade on Fridays but maybe I'll see something tempting if it falls within the rules tomorrow. pIgnored
DislikedIf you have not determined your risk before entering the market, or have doubts once you have, your plan needs adjustment.Ignored
DislikedTraders . . .
I have received many messages recently containing the question “what do I do?” or "what do I do now?"
[font=Calibri][size=3]This in reference to a trade that is drawn down or a TMS signal that was taken that has reversed direction – and I then I am asked to analyze the particular pair to provide some hope to the inquiring trader that their trade will ultimately go in the original direction they entered. “But I followed the system!” is the typical response....Ignored
DislikedOn the watchdog the HA has 3 sets of numbers, the first is the pips in the body, second is the pips on the upper wick and the third is the pips on lower wick, I hope that I have that right.
Beat me to itIgnored