Trade Like a Robot make money Like a Bank
Trading Made Simple the right way, and other trading lessons 332 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
Dislikedeelfranz,
could you please look at this chart taken from your post, and and let me know about the entry, please.
http://clip2net.com/s/UdaC
Thank you.Ignored
DislikedDean Malone @ www.compasfx.com trades a similar method but it's very conserative...Ignored
DislikedNot to be rude, but isn't this thread already well documented in the commercial section. Just looks like a re-hash if what is already there.Ignored
DislikedEntries and exits...
We Enter a trade when green crosses red on the TDI at the beginning of that candle... If it's candle 3 or more don't enter... find another trade set up. The only exception is if green bounces off red and continues... it's ok to re-enter on the bounce...
[font=Comic Sans MS][size=3][color=#0000ff]Exit your trade when the green TDI line goes flat, starts to hook over...Ignored
Dislikedyou see the problem here is how do you decide if the TDI is just bouncing off or crossing ? do u actually wait to see a clear cross ? if so, by that time 2-3 candles may have already passed and too late to enter trade.
how do u identify ranging markets ? you will get slaughtered.
stop loss of range of previous two candles - what if this stop loss is too small ?
if you just use the TDI to enter snd exit, then i don nt see the point of having the emas and the other indicators on the chart ?
can u tell us the settings of the TDI and other indicators....
also...Ignored
DislikedIs that possible? Yes.
Years ago when I retired I was looking for something to do. I attended a free local presentation about trading FX. My mind said "We can do that and make money too... from the recliner"... so the torture began as happens to all newbies...Ignored
Dislikedyou see the problem here is how do you decide if the TDI is just bouncing off or crossing ? do u actually wait to see a clear cross ? if so, by that time 2-3 candles may have already passed and too late to enter trade.
how do u identify ranging markets ? you will get slaughtered.
stop loss of range of previous two candles - what if this stop loss is too small ?
if you just use the TDI to enter snd exit, then i don nt see the point of having the emas and the other indicators on the chart ?
can u tell us the settings of the TDI and other indicators.......Ignored