Attachments: Trading Made Simple

Trading Made Simple

Post #1,641
Quote
May 6, 2011 9:32am May 6, 2011 9:32am

snarlyjack
| Commercial Member | Joined Feb 2008 | 1,909 Posts

Attached Image

I'am not very good at posting pictures but if you see
how the green line on the TDI is flat and starting to turn up.
I bought in (long) last night because the tdi was below the
32 line and was flat and I figured that it would turn up.
In my mind it was a low risk trade.

snarkyjack

Post #1,642
Quote
May 6, 2011 9:37am May 6, 2011 9:37am

Dimsss
| Joined May 2011 | Status: Member | 45 Posts

Quoting snarlyjack

Disliked

Attachment 693728

I'am not very good at posting pictures but if you see
how the green line on the TDI is flat and starting to turn up.
I bought in (long) last night because the tdi was below the
32 line and was flat and I figured that it would turn up.
In my mind it was a low risk trade.

snarkyjack

Ignored

and she could bounce ... you put the S / L

Post #1,643
Quote
May 6, 2011 9:42am May 6, 2011 9:42am

snarlyjack
| Commercial Member | Joined Feb 2008 | 1,909 Posts

Attached Image

Look how the TDI green line was flat last night, below the
32 line and then started to turn up.

I know it was against the rules but I wanted to set my
trades and I figured they would be low risk trades.
Currently I'am up $90.00 on all 3 trades.

snarlyjack

Post #1,644
Quote
May 6, 2011 9:58am May 6, 2011 9:58am

arasheed
| Joined Oct 2010 | Status: Member | 678 Posts

Hi Snarlyjack
Jamie Saettele at Realtime NEWS at FxPlus has taken a EurUsd and projects to reach 1.4750.
I have also taken buy on Gree cross.
arasheed

http://a1.twimg.com/profile_images/7...ure_normal.jpg
JamieSaettele Jamie Saettele

im going long eurusd target 14750 with a plan to flip there

Post #1,645
Quote
May 6, 2011 10:03am May 6, 2011 10:03am

arbitrage
| Joined Aug 2007 | Status: Member | 8 Posts

Hello everyone,
Here are two trades I saw...what do you think of them. I entered 15min after the candle opened.
Thanks,
Arbitrage

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Post #1,646
Quote
May 6, 2011 10:10am May 6, 2011 10:10am

arasheed
| Joined Oct 2010 | Status: Member | 678 Posts

Quoting arbitrage

Disliked

Hello everyone,
Here are two trades I saw...what do you think of them. I entered 15min after the candle opened.
Thanks,
Arbitrage

Ignored

Hello Arbitrage
Your entry seems perfect as Green TDI Direction is UP
and Stoch is coming out of Oversold position

Wish you Nice Trade

arasheed

Post #1,647
Quote
May 6, 2011 10:41am May 6, 2011 10:41am

Dyekid217
| Joined Mar 2011 | Status: Pip Boy Wonder | 1,378 Posts

Hi guys, just checking in this morning to close the week. 2nd day on this system and its unbelievable. Just a couple quick questions.

I seem to understand that it really makes a difference if you get a green cross over red and red is pointing in the same direction as TDI as well for a surefire trade.

Now I always place a SL just to be safe.. how many bars back do you guys usually use for a HL. Looking back at charts I can see that it would be safe to use just 1. Any suggestions? I like to play tight stops for a nice risk reward

also, I see that if PA hasn't crossed the 5ma by the 3rd bar I should stay out.. It just seems kind of sketchy

So happy to find this thread I'm sharing it with all my friends too. Here's just a brief summary about myself. I'm only 20 years old turning 21 in June (hooray!) I run a clothing line (manage, design, research) and just recently started studying forex to help launch my company into overdrive. I dropped out of school last year after attending SUNY Albany since it's not the education I'm looking for. I always happen to learn more on my own outside of the classroom than any class has tought me at school. Unfortunately my mom passed away about 3 years ago and with mothers day coming up I thank her everyday for life and more. It's too short to play it safe I need to go after my dreams and my goals.

I'm getting some money that she left for me and at first I was hesitant about putting it into forex. But after these first couple trades I feel more confident about the idea of forex.

Thanks guys so much! I will be back on a regular basis. Wish me luck!! I'm going to take it slow if I can get ssome money into an oanda account

Post #1,648
Quote
May 6, 2011 11:06am May 6, 2011 11:06am

arasheed
| Joined Oct 2010 | Status: Member | 678 Posts

Quoting Dyekid217

Disliked

Hi guys, just checking in this morning to close the week. 2nd day on this system and its unbelievable. Just a couple quick questions.

I seem to understand that it really makes a difference if you get a green cross over red and red is pointing in the same direction as TDI as well for a surefire trade.

Now I always place a SL just to be safe.. how many bars back do you guys usually use for a HL. Looking back at charts I can see that it would be safe to use just 1. Any suggestions? I like to play tight stops for a nice risk reward

also, I see...

Ignored

Hi Dyekid217
Please keep trying consistently but slowly,you will surely succeed.
This system is very simple & easy to follow and you can get along well.Don't let greed overcome you it hurts.
I will suggest to go through Education program of Babypips.com
You must go through this school and college grades.
Wish you goodluck

arasheed

Post #1,649
Quote
May 6, 2011 11:37am May 6, 2011 11:37am

cce
| Joined Apr 2007 | Status: Member | 466 Posts

First off, sorry for your loss...makes it tough around Moms Day...
But sounds like your new to forex...so...
Back off the live trade account or what you receive from your Moms estate will be donated to your broker!!!
You need to ONLY trade demo until you understand that this method, like any other, can lose your money if you don't pay strict attention to the rules as laid out by Eric, ( Big E )...
Playing it safe is the only way to make money in Forex...
Luck has got nothing to do with exicusion...this a business that needs your utmost attention to detail...
Don't blow your chance to achieve your dreams and goals by ignoring those details...
I'll wish good trades and a clear head...
Cliff

Quoting Dyekid217

Disliked

Hi guys, just checking in this morning to close the week. 2nd day on this system and its unbelievable. Just a couple quick questions.

I seem to understand that it really makes a difference if you get a green cross over red and red is pointing in the same direction as TDI as well for a surefire trade.

Now I always place a SL just to be safe.. how many bars back do you guys usually use for a HL. Looking back at charts I can see that it would be safe to use just 1. Any suggestions? I like to play tight stops for a nice risk reward

also, I see...

Ignored

I get exercise just pushing my luck

Post #1,650
Quote
Edited 12:25pm May 6, 2011 11:42am | Edited 12:25pm

Dyekid217
| Joined Mar 2011 | Status: Pip Boy Wonder | 1,378 Posts

Quoting arasheed

Disliked

Hi Dyekid217
Please keep trying consistently but slowly,you will surely succeed.
This system is very simple & easy to follow and you can get along well.Don't let greed overcome you it hurts.
I will suggest to go through Education program of Babypips.com
You must go through this school and college grades.
Wish you goodluck

arasheed

Ignored

I already did that =).. I'm actually coming from the j16 forums as well.. Great place to learn PA if you guys are interested in that.

And thanks for the heads up, I'm only getting a fifth of what she left me as a progressive thing over the next two years. I am atleast planning on opening a micro account just to get my feet wet with this system. I'm on est time so I'll check candles at 6 est. 10est 1est 5 est as well.

Cheers

EDIT: Here's some trades on the 1 hr chart.. gonna close before the market closes today. Let me know if there's anything wrong about them

http://img508.imageshack.us/img508/6479/picture13qp.png
http://img860.imageshack.us/img860/7238/picture14x.png

Post #1,651
Quote
May 6, 2011 12:31pm May 6, 2011 12:31pm

eelfranz
Joined May 2008 | Status: Grand Poopaw | 1,488 Posts

Where to start ... hummmm

Dean - (1593) Note the 3 previous reversals... only 1-2 candles, the #1 candle had a pullback at resistance and the TDI has tweeked...

d narrow 1594... thanks.

Android 1588... see post 1594...

Davlo - Old buddy... sometimes I think you don't have a clue about this method. Please quit asking so many questions and STUDY the method from this thread and the other starting about page 264 to the end... which was posted earlier... please !

Dean - 1606 - good analysis...

Chilly - On the Stoch's... if the line is outside the 20-80 lines... I completely ignore it...

Pete (1620) -

CCE (1650) - Good Advice

Post #1,652
Quote
May 6, 2011 12:51pm May 6, 2011 12:51pm

eelfranz
Joined May 2008 | Status: Grand Poopaw | 1,488 Posts

Hi everyone... Please keep posting all charts (good, bad & ugly) and please jump in to help Analise other traders charts or comments ... It's a great help to me and you'll learn faster... thanks everyone...

Post #1,653
Quote
May 6, 2011 12:52pm May 6, 2011 12:52pm

live2wrshp
| Joined May 2011 | Status: Member | 31 Posts

Can someone tell me if this was a correct entry. I closed the trade at +30 pips but it kept on going. Just nervous trying out the new style. I've lost lodes doing other junk. This seems to be a great strategy. Any feedback would be helpful.

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Post #1,654
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May 6, 2011 12:59pm May 6, 2011 12:59pm

xremmy
| Joined Jul 2007 | Status: Member | 150 Posts

http://www.forexfactory.com/attachme...1&d=1304701011

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Let your plan trade for you, not your emotion!!!

Post #1,655
Quote
May 6, 2011 1:01pm May 6, 2011 1:01pm

cce
| Joined Apr 2007 | Status: Member | 466 Posts

The entry on the USDCAD looks good and is in line with the Daily and Weekly trens but the 4 hr is scetchy...
The GBPJPY is also sketchy because the Pound is stronger than the Euro at the moment and over all the Yen needs to weaken against it's current level for the Japanese gov.'s recovey...
Me?...I'd close what ever you have in profit and leave off trading untill next week shakes out the NFP numbers...
Just some thoughts...
Good trades...
Cliff

Quoting Dyekid217

Disliked

I already did that =).. I'm actually coming from the j16 forums as well.. Great place to learn PA if you guys are interested in that.

And thanks for the heads up, I'm only getting a fifth of what she left me as a progressive thing over the next two years. I am atleast planning on opening a micro account just to get my feet wet with this system. I'm on est time so I'll check candles at 6 est. 10est 1est 5 est as well.

Cheers

EDIT: Here's some trades on the 1 hr chart.. gonna close before the market closes today. Let me know if there's anything...

Ignored

I get exercise just pushing my luck

Post #1,656
Quote
May 6, 2011 1:06pm May 6, 2011 1:06pm

live2wrshp
| Joined May 2011 | Status: Member | 31 Posts

Here is another set up according to the way I see it. Is this correct.

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Post #1,657
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May 6, 2011 1:08pm May 6, 2011 1:08pm

eelfranz
Joined May 2008 | Status: Grand Poopaw | 1,488 Posts

I dream about trades like these... puts a smile on my face when sleeoing...

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Post #1,658
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May 6, 2011 1:25pm May 6, 2011 1:25pm

KumoDragon
| Joined Sep 2009 | Status: Member | 1,048 Posts

Currently up +250 on EU short from yesterday. +140 locked in with postive sl

This makes up for a -140 long on GU earlier in the week, which I stubbornly held onto, (figured it wouldn't break below the last range),even though the TD told me to get out at very close to break even.

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