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Trading Made Simple

  • #11,181
  • Sep 7, 2011 4:32am Sep 7, 2011 4:32am
Quoting cigarguy
Good pivot resistance! TDI and Stoch turning and 50% fib.

Regards,
Cigarguy
GU and EU might be good for a short term down... 1H

I guess its good that I stayed out of the 4hour. As I said, wait for long confirmation later, however both seem to be close to strong support.
Ask me again when I know what I'm talking about.
  • #11,182
  • Edited 4:50am Sep 7, 2011 4:36am | Edited 4:50am
Quoting Loooit
GU and EU might be good for a short term down... 1H

I guess its good that I stayed out of the 4hour. As I said, wait for long confirmation later, however both seem to be close to strong support.
Look at 1hr now. Ready to go down looks like up move was 50% fib retracement and price respecting pivot. No TDI cross yet! worth watching anyway. Need another red candle and 1st possible target 1.39711 support.

Regards,
Cigarguy
Keep It Simple
  • #11,183
  • Sep 7, 2011 4:59am Sep 7, 2011 4:59am
Lets go! Waiting for 1h trade to start.
Attached Image (click to enlarge)
Click to Enlarge Name: No decision.png Size: 87 KB
Keep It Simple
  • #11,184
  • Sep 7, 2011 5:01am Sep 7, 2011 5:01am
Quoting cigarguy
Lets go! Waiting for 1h trade to start.
I'm on it ...Target : 1.39300
#### Follow me at @LioH_ on Twitter ... ####
  • #11,185
  • Sep 7, 2011 5:12am Sep 7, 2011 5:12am
Shorted EU @ 1.4072 live trades only. Need more coffee waiting for 1st target.
Keep It Simple
  • #11,186
  • Sep 7, 2011 5:15am Sep 7, 2011 5:15am
Quoting cigarguy
Shorted EU @ 1.4072 live trades only.

Me too,at .4064
First target weekly S1 .4005
Cheerz
  • #11,187
  • Sep 7, 2011 5:19am Sep 7, 2011 5:19am
Quoting ivanhoekg
Me too,at .4064
First target weekly S1 .4005
Cheerz
Good job! you're in the $ now. You made a more aggressive trade. I was more conservative. Be careful NY joins the party in approx. 1 hr 44 min. and then news coming out. Could be wild ride.
Keep It Simple
  • #11,188
  • Sep 7, 2011 5:28am Sep 7, 2011 5:28am
Quoting ivanhoekg
Me too,at .4064
First target weekly S1 .4005
Cheerz
WOW! Looked at your previous posts. Your charts made me dizzy! Glade they work for you.
Keep It Simple
  • #11,189
  • Sep 7, 2011 5:34am Sep 7, 2011 5:34am
Closed EU @ 4033 quick scalp +33 live and waiting for NY. Lower t/f's ranging.
Keep It Simple
  • #11,190
  • Sep 7, 2011 5:43am Sep 7, 2011 5:43am
Quoting cigarguy
WOW! Looked at your previous posts. Your charts made me dizzy! Glade they work for you.
Beginer's luck + very good system
I'm still in, will let it ride a little bit although it is true that it lost some strenght. As long as the angle and separation on 1H looks good I will keep it going...
  • #11,191
  • Edited 7:02am Sep 7, 2011 5:46am | Edited 7:02am
Quoting ivanhoekg
Beginer's luck + very good system
I'm still in, will let it ride a little bit although it is true that it lost some strenght. As long as the angle and separation on 1H looks good I will keep it going...
Good Luck! You might want to check out lower t/f's to maybe 5m or so. Remember those can give good entry/exits as well. I love trading HA's but can be deceiving. HA's are averages of candles. Don't give back your profits. Just my trading style and opinion.

Look at 1hr HA long wick and look at 5m candles are green and going up. Might just be good time to take some off the table before NY joins the party.
Keep It Simple
  • #11,192
  • Sep 7, 2011 5:58am Sep 7, 2011 5:58am
Three or more times in the past I've posted a live trade chart and lost over 30 pips on each one after taking the time to mark up the chart for YOUR BENEFIT for learning purposes. Since I trade full lots it's cost me a lot of money ... lost just to show you A LIVE CHART. I quit doing it for that reason and you would have too.

Now if any of you would be willing to set up a bank account I could draw on any losses suffered to give you a live chart... $10 a pip ... I'd be glad to do that for you.

I've dedicated thousands of hours to help you make more money. I did't ask anyone for a dime. I'm glad to help and share with you but just those 3 times alone cost me over $1,000 in lost profit ... sorry - no more.

Your always gonna have some losses no matter the method you used ... that's just part of 4x. Pro traders just make sure they average out a positive cash flow at the end of the month.

Good Hunting ..... Big E

You lost money? Well, boo hoo, ever hear of a DEMO account? no need to lose money just to show trades, DOH !

And speaking of that, I have yet to see where you ever post a COMPLETED trade with ENTRY, STOP LOSS, EXIT + Time Of Day all together; some of those so called training charts with vertical lines on every crossover with no regards to time of day are just ridiculous, only perpetuate the myth that this is a valid method....

Basically it is just a version of London Breakout method, just catch the market on the right day, you will win sometimes
It takes a lot for me to IGNORE you, but you can try.
  • #11,193
  • Sep 7, 2011 6:11am Sep 7, 2011 6:11am
Quoting cigarguy
Good Luck! You might want to check out lower t/f's to maybe 5m or so. Remember those can give good entry/exits as well. I love trading HA's but can be deceiving. HA's are averages of candles. Don't give back your prifits. Just my trading style and opinion.

Look at 1hr HA long wick and look at 5m candles are green and going up. Might just be good time to take some off the table before NY joins the party.
Closed +12 because of flat TDI so you got more from it . Pitty, it looked good, but there will be a lot of new setups.
Let's see what will happen in first 2-3 hours of NY
  • #11,194
  • Edited 6:44am Sep 7, 2011 6:15am | Edited 6:44am
Quoting Erebus
Three or more times in the past I've posted a live trade chart and lost over 30 pips on each one after taking the time to mark up the chart for YOUR BENEFIT for learning purposes. Since I trade full lots it's cost me a lot of money ... lost just to show you A LIVE CHART. I quit doing it for that reason and you would have too.

[font=Comic Sans MS][size=4][color=#0000ff]Now if any of you would be willing to set up a bank account I could draw on any losses suffered to give you...
Big E, has provided a trading model (especially for new people) and it is up to the trader to invest the hours of screen time to make it their own system. No training can be substituted for experience (ie screen time) In my opinion, he has provided tools that work for him. They may not be for everyone. Personally, although I have been trading for many years, I appreciate the time and effort that he has put into helping others stay in the game. The method that he chose to do this is his business and should be respected.

Anyone that has stayed in this FX game for many years and trading live making $ is doing something right! and that % is very small. Most of the trades posted on these threads are demos although not disclosed as such. When I read a post I appreciate the crediability of the trader honestly posting if it is live or demo.

It is easy pulling the trigger on a demo but all the stress happens when the trigger is pulled on a live account no matter how small. Completely different mind set.

Maybe not by business to answer, but feel compelled due to the time and effort Big E has put into this thread. It is greatly appreciated.


Regards,
Cigarguy
Keep It Simple
  • #11,195
  • Edited 6:27am Sep 7, 2011 6:17am | Edited 6:27am
Quoting ivanhoekg
Closed +12 because of flat TDI so you got more from it . Pitty, it looked good, but there will be a lot of new setups.
Let's see what will happen in first 2-3 hours of NY
Good job! Pips are Pips.... the smaller t/f's could be of future help for you to save a few. I just closed early due to the 5m candle action and ranging and NY opening near. Not greedy this time!

Regards,
Cigarguy
Keep It Simple
  • #11,196
  • Sep 7, 2011 7:04am Sep 7, 2011 7:04am
Thanks so much Big E! for the "newbie" like me today i got

+4 pips A/C
+44 pips G/A
+82 pips A/U
+33 pips U/J

No loss! , the most successful trade of me so far perhaps
  • #11,197
  • Edited 7:27am Sep 7, 2011 7:17am | Edited 7:27am
Looks like USDCAD is in "no-mans-land" right now.
  • #11,198
  • Sep 7, 2011 7:17am Sep 7, 2011 7:17am
Quoting fufighter
Thanks so much Big E! for the "newbie" like me today i got

+4 pips A/C
+44 pips G/A
+82 pips A/U
+33 pips U/J

No loss! , the most successful trade of me so far perhaps
I've achieved similar results fufighter.
  • #11,199
  • Sep 7, 2011 7:32am Sep 7, 2011 7:32am
Quoting Purger
I've achieved similar results fufighter.
Nice work dudes!

What TF's are you trading out of interest?
  • #11,200
  • Sep 7, 2011 7:36am Sep 7, 2011 7:36am
Quoting mogulmedia
Nice work dudes!

What TF's are you trading out of interest?
You have to excuse me, what does TF stand for?

Edit: Oh you mean timeframes. I'm using the H1 and sometimes H4 but I'm looking into the Daily as well. However, I'll be the first to say it requires patience.
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