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
That would be trading against a strong uptrend.
rustynail
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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
DislikedI prefer to trade the 4hr charts at night. My broker posts new 4 hr candles at 10pm my time, 2am my time and 6am my time.
[font=Comic Sans MS][size=3][color=#0000ff]My page when I open up my charts has 8 open charts. I just glance at the TDI for set ups when the new candle opens... If I see a set up... green just crossing red I'll take the trade, turn off the puter and go to bed. Four hours later (1:50am) my alarm goes off for the new candles and I...Ignored
DislikedFor those of you who do not like custom indicators or using "ex4" files ...
big e no custom.tpl is a template for the method with the HA candles in the main window.
big e no custum swha.tpl is a template that puts the HA candles in a separate window so you can see the price action candles.
They both do not use any indicators that do not come with the base install of MetaTrader 4.
-- Mark
p.s. You might want to change the Stocastics to the 8,3,3 settings. the ones in the template run a 5,3,3 setting (for lower timeframes)Ignored
DislikedWhatFx,
Threw on a quick 4h chart here to show how simple entries can be...
All are 1st or 2nd candle entries...
The same setup applies to lower or higher TF's as well...
Shows a clear cross in each example...
SL can be last HH or LL if left unmonitered...
If monitoring, then the TDI green line's movement will get you out of a Ranging Market as it begins, i.e., it will flatten and or hook signaling to close the trade....
The 5 EMA helps to show direction and strength of the market, kind of like a line in the sand...
Results for this trading approach...Ignored
DislikedThanx for the system looks intersting...
this is my first chart on this method....TDI just crossed red down shud i take the trade?
I took a short trade.Ignored
DislikedEelfranz,
How do you vote for a system?
This system should be rated a 5 star system and I would like to
cast my vote for it.
tks
snarlyjackIgnored
DislikedHi and thank you for such a simple system! While this is my very first post here at FF I have been trading full time for over 3 years now. Could someone confirm whether this first trade is valid or if not, please help me understand why not.
Thanks!Ignored