Classic Simple 7 Trade — Here was another classic Simple 7 trade. I had to share it with you all...

I use the RSI as a filter and consider the direction of the 50 ema also. You should consider previous, recent resistance and support prices and news events as well. The basic idea is that you increase your probabilities of entering into profit using ...

Very nice of you to share such a useful tool for the subscribers to my thread and myself! Very much appreciated

I used to have a setup just like that when I was a big-dog trader... I am considering just 6 pairs to trade at the moment. The eur/gbp pays alot per pip, but it has never seemed to be generous to me... Haha, just realized that, my whiteboard is ...

Not forgotten: Simple 7 results this week. — These are all my trades from this week. Trades were based on ideas in the Simple 7 threads here and on babypips.

That trade is up about 150 pips right now.

Yes, kind of like daily pivot trading you could just trade a buy or sell based on where price is relevant to the Simple 7 system. I have thought of doing that but i really am trying to maximize the probability of a winning trade.

aud/cad 4h chart — Look at the 4h audcad right now

1 hour chart test — I will be testing the 1h chart this week, it may give less signals but If I set a goal for 50-100 pips, then close half position and let the rest break even or lock in pips as they come until a serious convergence or stop ...

windows phone 7 — OK, fxcm has a windows phone 7 platform now. PFG Best has a simple windows phone 7 platform with no charts also. Both are subject to the dictitoral mandates and restrictions of the United States government.

By the way, 2 trades this week using Simple 7 for about 105 pips, one was about 80 pips the other about 25.

If you have read my first post in this thread... look at the chart and find the EMA cross near the New York open time. You will see a sell signal, then the price goes down untill it converges. I exited my trade at that point.

The solid vertical brown line is the New York open.

A Simple 7 trade — This is a trade from today...

Simple 7 Thursday — Surely you did well on Thursday with the E/U...

I do because that is the only time I can.

I have a problem because I cannot attend the market during the London or NY open most of the time, almost always. The 20 pip trailing stop loss might help me, or perhaps just setting TP for 15 pips. I can enter profit, but cannot lock it in with a ...

Try making it a part of your template and saving that same setup as your default profile. Hope that helps.

New idea for Simple 7 RSI filter — I currently use (15m chart) the RSI with a 20 period setting on the 5m, 15m and 1h timeframes as a premium filter (buy above 55 and sell below 45). When the Simple 7 cross is ready, wait for the 3 RSIs to ...

My personal trading... — This last week was a great example for me when the E/U decided it had had enough of selling and was convergent awhile and even had the buyers moving the market upwards some. Because I work on the 15m charts, my risk of ...