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Trading Made Simple

  • #83,401
  • Nov 14, 2017 2:31pm Nov 14, 2017 2:31pm
I've started to buy GBPNZD. Tomorrow, when I come back home after work, I will post a chart with my reasons.
  • #83,402
  • Nov 14, 2017 2:38pm Nov 14, 2017 2:38pm
Quoting Jordi
{quote} ok, thanks for the clarification. My intention is to test this system with demo account until year end. After that, I will open a real little account, and if I'm profitable, I will pay a coder for an EA . I've tried the MPTM, but it doesn't work as I would like, so I prefer to trade manually, at least, for the moment.
End of year?
huuh..
for a statistic you need a valuable number of trades in all conditions.
I learned at school you need a minumum of 100 for a statistic.. and I think nothing changed since then ;-)
If you pick it intraday in small timeframes = possible with 15 trade entries until end of year..but I don t think so!

If you do it right you´ll need months or years.. depends on what you pick your entry.
And don t forget:
A multi entry trade is often 2-manymanymany positions until you close the "trade" finally -- and it´s only ONE.

Take your time, I´m sure markets will be open the next years.. o
It´s a marathon.. if you start sprinting, not sure if you arrive the final line ;-)



Stay tuned..
Guido
PS: nice postins by the way
Risiko birgt immer auch die Chance.
  • #83,403
  • Nov 14, 2017 2:43pm Nov 14, 2017 2:43pm
oh no, I don't want statistics, may be I didn't explain well. I only want to be sure this system fits my personality, I want to be sure I'm feeling good trading with MEME.
  • #83,404
  • Nov 14, 2017 2:52pm Nov 14, 2017 2:52pm
Hi,

just want to share an update of my script for handling SR-lines. This tool enables you to prepare your Big Picture Plan in a separate chart, store the resulting SR-Lines and then import them in your trading chart. Even accross multiple MT4 installations.

See my post with the previous version for more info:
https://www.forexfactory.com/showthr...1#post10415051

Attached File(s)
File Type: ex4 SR-Lines Store v1.01.ex4   27 KB | 368 downloads

Changed functions:
- Imports only SR-Lines for current pair and timeframe.
- You can now clear earlier SR-Lines to start with a clean sheet.

Feel free to try, and propose improvements for next version.
Cheers...
  • #83,406
  • Nov 14, 2017 3:01pm Nov 14, 2017 3:01pm
Example: Let's say I think these are important SR-Lines on the monthly chart:
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCHF_Monthly_BPP.png Size: 34 KB

With my tool I export the SR-Lines, and import them in my work-chart:
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCHF_Monthly_WORK.png Size: 43 KB

Another nice feature is that we can now share our SR-Lines:
Attached File(s)
File Type: csv SRLines.csv   < 1 KB | 300 downloads
  • #83,407
  • Nov 14, 2017 6:10pm Nov 14, 2017 6:10pm
Quoting regan220982
Hidden
Look in the Market tab, there is a free indicator you can download called "Lines Profit Loss" by Taras Slobodyanik. It shows the profit or loss in your base currency and the percentage gain or loss in parentheses.
  • #83,408
  • Nov 14, 2017 11:27pm Nov 14, 2017 11:27pm
After two weeks waiting, yesterday, finally I closed my NZDCHF basket, with a nice profit of 338 pips
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  • #83,409
  • Nov 14, 2017 11:38pm Nov 14, 2017 11:38pm
Quoting Jordi
I've started to buy GBPNZD. Tomorrow, when I come back home after work, I will post a chart with my reasons.
GBPNZD: My bias is bullish. ATR D1 100: 175

Monthly: Trend is bullish.

Weekly: The trend is bullish, but there is a WRC, and the price is within it. After hitting the support of the WRC, price reversed, and now, most probably, the price will go to the opposite side (resistance zone).

Daily: TDI D1 is bullish. Yesterday's bar opened and closed above of the 5 MM (shift 3) and also closed above the PAC.
Attached Image (click to enlarge)
Click to Enlarge Name: 15.11.17 GBPZND.png Size: 175 KB
  • #83,410
  • Nov 15, 2017 2:21am Nov 15, 2017 2:21am
Quoting thomi
{image}{image}
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  • #83,411
  • Nov 15, 2017 3:45am Nov 15, 2017 3:45am
Would anyone being successful with this method guide me a bit as to what to read? I read quite a bit of this last year, then strayed a bit and coming back to 4171 pages is a bit overwhelming. So first question: What are the most up to date indicators? Were they moved to page 1, I didn't see them on page 25.

Last year, when I looked at this method, I was impressed. I wanted something with an automate entry and then I could drive the rest manually and most, if not all doing this were opposed, which is why I strayed away. Has any of that changed? I work a job, long hours and can't be at the computer when I need to most of the time. I'm trying to figure out how to be successful at this so I can get out from under the long hours away from home. Any suggestions?

Any help to get me started would be appreciated. I don't mind reading but 4171 pages; just not sure where to start.
Thank you.
Rebecca
Oklahoma
Anyone else from Oklahoma working this method?
  • #83,412
  • Nov 15, 2017 3:58am Nov 15, 2017 3:58am
HI guys! My 1st MEME was unlucky (
I will try more ....
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  • #83,415
  • Nov 15, 2017 6:23am Nov 15, 2017 6:23am
Quoting regan220982
{quote} Sorry buddy if you feel inappropriate... There will be needy, looking for some way to earn some pips...Let them utilize. Yeah, of course, its paid signal but anyone who got the trial decide whether they profit or not and whether affordable. NOT a russian bot. System based on pure Price Action.
If your signals were so good, you would be making a small fortune. Why bother trying to find a few suckers to pay $50 a week each anyway.
Oh I see, you can't actually cut it in this game and are wasting your time attempting to lure a few newbies who know no better.
I hope last night you were buying the Euro, there was a lot of money earned in the evening and I really did profit will.

Oh I see, you were too busy working on your little scam. Never mind perhaps I could give you a few free signals on the house, no trial.
Trading thin liquidity at the boundary of the charts
  • #83,416
  • Nov 15, 2017 6:45am Nov 15, 2017 6:45am
Too many negative contributions in here for the last couple of days.

I never was a sheep, and the only answer for negative stuff is to contribute positive.

EA MEME trade live

Stay tuned

Guido
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDH4.png Size: 25 KB
Risiko birgt immer auch die Chance.
  • #83,417
  • Nov 15, 2017 11:41am Nov 15, 2017 11:41am
Hey TMS Folks,

just quick checking in to read my PMs, but thought I drop a simple update post here,

Attached Image


try not wander too far the next port call.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #83,418
  • Nov 15, 2017 11:49am Nov 15, 2017 11:49am
Quoting emmanuel7788
Hey TMS Folks, just quick checking in to read my PMs, but thought I drop a simple update post here, {image} try not wander too far the next port call.
Enjoy your vacation Emmanuel
  • #83,419
  • Nov 15, 2017 11:50am Nov 15, 2017 11:50am
Quoting Black
{quote} Hello Emmanuel. AUS200 has past over the psychological barrier 6000 last week. My question is= can we somehow use this to trade the AUD pairs or it is not that important? {image}
Hi,

keep my reply short now.

NO, I do not use AUS200 to track the AUD pairs.

on AUS200, it broke high with that Inside Day on Oct 11 and there was a darvas box high so many equity traders like me ... we all buy.

Now last 3 days AUS200 is on retreat and took out the 2 days low SL,
We wait and see if 5900 as support.

Attached Image (click to enlarge)
Click to Enlarge Name: ASX200 Oct11 breakout.png Size: 83 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #83,420
  • Nov 15, 2017 12:02pm Nov 15, 2017 12:02pm
Quoting Giannis95
{quote}... my question is "How do we know that the price at which we opened our positions does not become a future top or bottom?" S&R levels? {image} {image} Thank you

Hi,

the truth is we do not know when the market 'trend' will end.
but there are signs which we as technical traders look for in the price action for changes in the market condition.
trends do not end with violent reversals , they usually 'pause' or what we see as consolidation or sideways movements before the next move.

being technical traders, we look at previous price action on our charts and look for CONFLUENCE of various Support&Resistance used by other traders/ trading systems.

I look at the the MN price swing levels and I often pick my trades and trade from one level to the next level. In the lower timeframes will be noisy days and also noisier intraday which I do not give much attention to. All the noise in the price are market reaction to economic data releases news, speeches, geopolitical events, etc. but we forget that there are big commercial traders and also the weekly COT. All these factors affect the timing of our trades, our entries and exits.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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