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Trading Made Simple

  • #1,581
  • May 5, 2011 10:45pm May 5, 2011 10:45pm
Davlo,

Those numbers are posted on the thread... Read the thread...
  • #1,582
  • May 5, 2011 10:46pm May 5, 2011 10:46pm
Quoting eelfranz
Davlo,

Those numbers are posted on the thread... Read the thread...
im sorry, i will continue to read, thanks
  • #1,583
  • May 5, 2011 10:46pm May 5, 2011 10:46pm
This suggestion might help someone.

When I"am getting ready to go to work I set my trades on the
4 hour charts. However, if I can't find any trades (9:45 p.m.
mountain time, bar changes at 10:00p.m.) I'll switch to the
daily charts to get a feel for the whole thing. See the big trend.

What I see at 9:45 p.m. is

1). eur/usd long.
2). gbp/usd long.
3). aud/usd long.

So their are my trades. Hours in advance. I'am going to work now
and won't check back in for 9 more hours. So we'll all see how I
did. Wish me luck their are no 100% guarantees...

snarlyjack
  • #1,584
  • May 5, 2011 10:50pm May 5, 2011 10:50pm
Look at this great trade set up - A/U 1hr - Note the TDI just signaled an exit....



Attached Image (click to enlarge)
Click to Enlarge Name: a-u example1.gif Size: 23 KB
  • #1,585
  • May 5, 2011 11:05pm May 5, 2011 11:05pm
SnarlyJack...

Your G/U and A/U trades are not withhin the rules... hope it works out... My Daily charts don't indicate any Longs...
  • #1,586
  • May 5, 2011 11:43pm May 5, 2011 11:43pm
Hi Big E, Thanks for this thread....getting the hang of it. I picked up on the A/U 1h before you mentioned it so I'm seeing things correctly most of the time.
Looking at U/C on 4h....is this a correct setup?
  • #1,587
  • May 5, 2011 11:52pm May 5, 2011 11:52pm
Quoting eelfranz
Dean...

Quick glance at PA then the TDI... Exception: If it's 6am I just close all trades and go to 1hr charts....
eelfranz,

Your local 6am is equal to GMT???
  • #1,588
  • May 6, 2011 12:04am May 6, 2011 12:04am
Are most using the ema with a 2 or a 3 shift?
  • #1,589
  • May 6, 2011 12:07am May 6, 2011 12:07am
No offence but I cant work out what Snarly Jack is looking at?? The first 3 charts are my dailys, none showing anywhere close to a trade. Yes they are all in an upward trend...but ???
The 4th is my A/U which is the only pair out of those 3 even close to a trade but the green tdi flattened on candle open
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: Capture1.JPG Size: 200 KB
Click to Enlarge Name: Capture2.jpg Size: 147 KB
Click to Enlarge Name: Capture3.jpg Size: 134 KB
  • #1,590
  • May 6, 2011 12:10am May 6, 2011 12:10am
3 shift.
Eelfranz and snarly.
Can you guys ensure you also post your losers or failed trades please. Just so nobody (including me) gets it in our heads that we have a perfect,infallible method and that we need to always remember failed trades are part of this. I reckon its important. We can all learn from the failures as well (if not more than) the successes.
Thanks boys.
  • #1,591
  • May 6, 2011 12:14am May 6, 2011 12:14am
ANother question for you Eelfranz (on fire today arent I??) sorry about being a pain .
Lets for a minute say the below chart had the green line shooting up a bit more acutely and there was no resistance to the left in the PA etc etc..lets say this set up was ideal. Would you take this knowing how much news is coming out in a few hours??
  • #1,592
  • May 6, 2011 12:15am May 6, 2011 12:15am
sorry here is the chart
Attached Image (click to enlarge)
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  • #1,593
  • May 6, 2011 12:31am May 6, 2011 12:31am
Quoting Android38
eelfranz,

Your local 6am is equal to GMT???
http://www.worldtimebuddy.com/?lid=5...8581,2643743,0

use this link to convert to your local time or to wherever time you need it.

really easy and convenient. no more confusion.

Eelfranz uses Pacific Time (equivalent to Los Angeles time on the top)
  • #1,594
  • May 6, 2011 12:35am May 6, 2011 12:35am
EURJPY H1 forming 2nd bullish candle with TDI bullish pullback?
Attached Image (click to enlarge)
Click to Enlarge Name: tdipair.gif Size: 17 KB
  • #1,595
  • May 6, 2011 12:36am May 6, 2011 12:36am
Quoting d_narrow
http://www.worldtimebuddy.com/?lid=5...8581,2643743,0

use this link to convert to your local time or to wherever time you need it.

really easy and convenient. no more confusion.

Eelfranz uses Pacific Time (equivalent to Los Angeles time on the top)
If you are using window vista, just another clock as a different country. Easy.
  • #1,596
  • May 6, 2011 12:42am May 6, 2011 12:42am
Eelfranz,

i really am starting to get familiar with the system, i just have one question, please let me know when you make a trade do you ensure that the 5ema is going with the trend on the atthached chart i entered on third candle, and exited after stoch was leveling off. i guess i want to know if the ema has to be trending with the flow. also do you use a 3 0r 2 shift on the ema
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 26 KB
  • #1,597
  • May 6, 2011 12:45am May 6, 2011 12:45am
stochs on the eur/jp, au/jp and gbp/jp all conflict with tdi....no trade
  • #1,598
  • May 6, 2011 12:47am May 6, 2011 12:47am
Quoting GeraldFX
EURJPY H1 forming 2nd bullish candle with TDI bullish pullback?
stochs pointing the opposite direction to TDI on this one for me
  • #1,599
  • May 6, 2011 12:51am May 6, 2011 12:51am
davlo it might be worth having another read from the start. 3rd candle is a no trade and you exit when the TDI is levelling not the stoch
  • #1,600
  • May 6, 2011 1:00am May 6, 2011 1:00am
Quoting 2scoops
stochs pointing the opposite direction to TDI on this one for me
Does BigE still use the stoch? I noticed recently his charts have no stoch. Or am i wrong.
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