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Trading Made Simple

  • #16,321
  • Mar 21, 2013 7:21am Mar 21, 2013 7:21am
Quoting mierzyk
The cross is really nice but remember Big-E's advices regarding entries!

Best luck!
M.
Well if you take a look the previous candle it's really small, so I wasn't sure I want to enter there...However the second one gave me more confidence, so I've gone short on this one.

http://img21.imageshack.us/img21/1271/005qy.png
Per aspera ad astra!
  • #16,322
  • Mar 21, 2013 7:26am Mar 21, 2013 7:26am
Quoting mierzyk
The cross is really nice but remember Big-E's advices regarding entries!

Best luck!
M.
Are you saying that it is a good trade or are you saying you think were missing something? its just that it looks good to me!
  • #16,323
  • Mar 21, 2013 8:04am Mar 21, 2013 8:04am
Quoting adamjhdavis
Are you saying that it is a good trade or are you saying you think were missing something? its just that it looks good to me!

Quoting eelfranz
Entries 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...
Please, cosider that my advice was one coming from a newbie. My chart did not show cross at the beginning of the candle. Maybe yours did.
Cheers,
M.
Remember I'm a newbie!
  • #16,324
  • Edited 8:30am Mar 21, 2013 8:15am | Edited 8:30am
Hi, my first post here. I took an entry this afternoon. I hope its ok. However, the moment I entered it moved against me.
Set a 50pips SL. Will manually sell if TDI turns sideways or up at a candle close. Letīs see.
Pls comment if I did something wrong.

Cheers,
Attached Image
  • #16,325
  • Mar 21, 2013 10:25am Mar 21, 2013 10:25am
Hi,

After being away from trading for the last 9 months, i'm back and looking to trade using this method, however could someone please give me an update of this system has anything changed in the method since the first post and could someone please locate the trading method datasheet?
  • #16,326
  • Mar 21, 2013 10:39am Mar 21, 2013 10:39am
Quoting Frenchie
Hi, my first post here. I took an entry this afternoon. I hope its ok. However, the moment I entered it moved against me.
Set a 50pips SL. Will manually sell if TDI turns sideways or up at a candle close. Letīs see.
Pls comment if I did something wrong.

Cheers,
Yeah took that one myself, nice setup imo, took 35 points. How did you get on?
  • #16,327
  • Mar 21, 2013 10:41am Mar 21, 2013 10:41am
Quoting xp3000
Hi,

After being away from trading for the last 9 months, i'm back and looking to trade using this method, however could someone please give me an update of this system has anything changed in the method since the first post and could someone please locate the trading method datasheet?
Hi,

I have been trading the 4 hour with the original simple rules and haven't had a loser yet!!!
However bare in mind I only go in for 20 - 40 points.

Been live for around a week took 12 trades, very strict on setup though (only try and take the best ones)

Regards

Adam
  • #16,328
  • Mar 21, 2013 12:42pm Mar 21, 2013 12:42pm
Quoting adamjhdavis
Yeah took that one myself, nice setup imo, took 35 points. How did you get on?
As the TDI green turned up during the last hour, I closed the position 23 minutes before the 4 hours candle closed for a BE.

This is how I left it:
http://img94.imageshack.us/img94/369...01363722pm.png
  • #16,329
  • Mar 21, 2013 1:06pm Mar 21, 2013 1:06pm
possible trade. Resistance N/U
Attached Image (click to enlarge)
Click to Enlarge Name: nz.gif Size: 21 KB
  • #16,330
  • Mar 21, 2013 3:18pm Mar 21, 2013 3:18pm
Quoting Winner1245
possible trade. Resistance N/U
I'm also looking forward for this trade, but could take a couple of hours before the TDI cross.
Per aspera ad astra!
  • #16,331
  • Mar 21, 2013 9:01pm Mar 21, 2013 9:01pm
GU week 12 22 Mar view:

No prime mover today in sight for cable.
Ahead of next Wed final GDP, be prepared for early moves in the days ahead.
Attached Image (click to enlarge)
Click to Enlarge Name: GU week 12 22 Mar 3IB 22-3-2013 9-50-33 AM.png Size: 43 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #16,332
  • Mar 22, 2013 12:48am Mar 22, 2013 12:48am
Quoting adamjhdavis
Hi,

I have been trading the 4 hour with the original simple rules and haven't had a loser yet!!!
However bare in mind I only go in for 20 - 40 points.

Been live for around a week took 12 trades, very strict on setup though (only try and take the best ones)

Regards

Adam
Do you set your stop at the previous high or low or are you using a 1:1 risk/reward?
  • #16,333
  • Mar 22, 2013 2:12am Mar 22, 2013 2:12am
Quoting usdtrader
Do you set your stop at the previous high or low or are you using a 1:1 risk/reward?
It goes against what you all might do but yes I set it at the last swing high or low, if you pick the right trades as per the rules this method seems so successful not only on my live account but also through hours and hours of back testing that in reality you should never hit that big a stop loss. (In reality the tdi going flat should signal exit way before) If you ever do then you would have had more than enough points in the bag to take it.

Just my theory anyway and it works for me but I'm sure its not for everyone.
  • #16,334
  • Mar 22, 2013 2:14am Mar 22, 2013 2:14am
Quoting xp3000
Hi,

After being away from trading for the last 9 months, i'm back and looking to trade using this method, however could someone please give me an update of this system has anything changed in the method since the first post and could someone please locate the trading method datasheet?
Nine months away from the market you need some time to get back into the rhythm of things. Trading Made Simple will remain the same and there has not been any change to what Big E taught us and in the way he trade the 4-hour period.
You need to find your way back into the rhythm of the waves.
Take a look at GU, zoom out on W chart TF, do you see it trading below 1.5000?
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD 2013 week12 22-3-2013 3-08-04 PM.png Size: 51 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #16,335
  • Mar 22, 2013 3:27am Mar 22, 2013 3:27am
Just wondering how many of you following this thread trade the H1 timeframe and which market session.

I know Big E trades the first 3 hours of the US session and the rest of the time he follow on H4.

Just give me a show of hands and I will see if there is enough interest then I will share my 1-hour trades setups here.

Thanks
.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #16,336
  • Mar 22, 2013 4:17am Mar 22, 2013 4:17am
Hi emmanuel

I am very interested. Please share your 1-hour setup.

Thanks
eugene
  • #16,337
  • Mar 22, 2013 4:34am Mar 22, 2013 4:34am
I'd be interested in seeing those setups
  • #16,338
  • Mar 22, 2013 4:39am Mar 22, 2013 4:39am
Same here . please post.
  • #16,339
  • Mar 22, 2013 4:41am Mar 22, 2013 4:41am
Quoting emmanuel7788
Just wondering how many of you following this thread trade the H1 timeframe and which market session.

I know Big E trades the first 3 hours of the US session and the rest of the time he follow on H4.

Just give me a show of hands and I will see if there is enough interest then I will share my 1-hour trades setups here.

Thanks
.
Yes trying to but a bit hit and miss at the minute compared to the 4 hour.
Sharing here for me would be great.

Cheers
  • #16,340
  • Mar 22, 2013 6:16am Mar 22, 2013 6:16am
Hi,

There is potential of a H4 double inside bar breakout.

Here is today's H1 trade taken after Tokyo sushi time, 2 hours before Frankfurt open. PA shows quick test of yesterday's low and entry was fine-tuned in M15. Needed to move in and take partial profit with 50% trade exit at +25pips. initial SL 'R' moved to reduce the risk for remaining trade.
Will move stop later to BE when NYO.
Attached Image (click to enlarge)
Click to Enlarge Name: EU 22 Mar H1 trade LO 22-3-2013 7-03-23 PM.png Size: 57 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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