SAFE - KISS | Page 29 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Absolute Simplest KISS Method. Also, how do we measure risk reward? 68 replies

KISS method, why the hard way? 38 replies

Keep it Simple Stupid (KISS) Method 486 replies

Goodbye KISS 3 replies

KISS Method - Thoughts 10 replies

Attachments: SAFE - KISS
Exit Attachments

SAFE - KISS

  • #561
  • Feb 28, 2018 6:06am Feb 28, 2018 6:06am
It's impressive the number of trade set ups that occur on all the 28 pairs, based on this strategy. Love the simplicity of it.
  • #562
  • Feb 28, 2018 6:27am Feb 28, 2018 6:27am
Quoting MrGreen95
Short now NZD/CAD h4. But i feel this will end bad {image}
Yes you have jumped the gun. Should be OK though I would have the SL at 0.93.
The SL is really only for black swan events. Otherwise the trades should be given room to breathe.
Conventional trading is for losers
  • #563
  • Feb 28, 2018 6:41am Feb 28, 2018 6:41am
Quoting Ralffe
{quote} Yes you have jumped the gun. Should be OK though I would have the SL at 0.93. The SL is really only for black swan events. Otherwise the trades should be given room to breathe.

SL corrected. I don't like very much large SL.. this is why i try to make it tight
  • #564
  • Feb 28, 2018 6:44am Feb 28, 2018 6:44am
M15: Missed these ones on USD/CHF and GBP/USD
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDCHF.PNG Size: 38 KB
Click to Enlarge Name: GBPUSD.PNG Size: 32 KB
  • #565
  • Feb 28, 2018 6:47am Feb 28, 2018 6:47am
Quoting MrGreen95
{quote} SL corrected. I don't like very much large SL.. this is why i try to make it tight
Common mistake & why many lose often. If SL is too expensive you are obviously using lot size too big. better to have half the lot size & add on when first trade is safe.
Conventional trading is for losers
  • #566
  • Feb 28, 2018 6:51am Feb 28, 2018 6:51am
Quoting MrGreen95
M15: Missed these ones on USD/CHF and GBP/USD {image} {image}
Yes but the entry is now perfect on the UsdChf Daily. & the GU should be good to go tomorrow.
Conventional trading is for losers
  • #567
  • Feb 28, 2018 7:45am Feb 28, 2018 7:45am
Quoting Ralffe
{quote} Yes but the entry is now perfect on the UsdChf Daily. & the GU should be good to go tomorrow.
++++++++++++++++++++++

I cheated and got in on UChf H4 yesterday, using less than 2% risk. The daily bottoming formation convinced me to take the risk. Also entered NzdUsd on H4 yesterday, using 1.5% risk. Still in $Cad, and have not been able to stop smiling...
  • #568
  • Feb 28, 2018 8:31am Feb 28, 2018 8:31am
Quoting Ralffe
{quote} Yes but the entry is now perfect on the UsdChf Daily. & the GU should be good to go tomorrow.
Would you be willing to share your charts for the USDCHF and GBPUSD please?
  • #569
  • Feb 28, 2018 9:32am Feb 28, 2018 9:32am
Attached Image (click to enlarge)
Click to Enlarge Name: Current Open Feb 28.png Size: 117 KB
  • #570
  • Feb 28, 2018 9:57am Feb 28, 2018 9:57am
Quoting diamonddbw
{image}

Awesome my friend! I think another point of force of this trading approach it's that eliminating 8000 unnecessary references also eliminates the consequent paralysis that stop you from take a trade!

Today was a great day especially for speculating m15, it could have payed thousands of euro!

Anyway, GBP/CHF, how do you see it for a short?
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCHF.PNG Size: 49 KB
  • #571
  • Feb 28, 2018 10:25am Feb 28, 2018 10:25am
Attached Image (click to enlarge)
Click to Enlarge Name: NZDCAD.PNG Size: 39 KB


Maybe i was wrong taking a short on the close/Open W1. I forgot to check m15 for a closer view. See how order flow change, how buyers and sellers react on these levels.

Anyway still in the trade, you don't see the orders because this is another broker
  • #572
  • Feb 28, 2018 12:54pm Feb 28, 2018 12:54pm
Quoting MrGreen95
{quote} Awesome my friend! I think another point of force of this trading approach it's that eliminating 8000 unnecessary references also eliminates the consequent paralysis that stop you from take a trade! Today was a great day especially for speculating m15, it could have payed thousands of euro! Anyway, GBP/CHF, how do you see it for a short? {image}
+++++++++++++++++++++++

I rather like a short. Assuming one would have entered a sell one month ago (@ approx. 1.3100), a good potential would be 1.2950ish provided the candle work agrees.

Also impressed with you, and a few others that are challenging lower TF's. I may have to give that a go as well.
  • #573
  • Feb 28, 2018 4:35pm Feb 28, 2018 4:35pm
USDCHF D1

Trendline has broken to the upside but I am very worried that the next candle is in a clear resistance zone on the daily chart. Are my trendlines matching other peoples and what are your thoughts on the trade? Cheers
Attached Image (click to enlarge)
Click to Enlarge Name: cT_cs_2018109_USDCHF_2018-02-28_22-33-56.png Size: 53 KB
  • #574
  • Feb 28, 2018 5:15pm Feb 28, 2018 5:15pm
Quoting sa12uk
USDCHF D1 Trendline has broken to the upside but I am very worried that the next candle is in a clear resistance zone on the daily chart. Are my trendlines matching other peoples and what are your thoughts on the trade? Cheers {image}
++++++++++++++++++++++++

I'm gonna stick my neck out here, by saying I like your UChf chart, with one exception; The last swing you placed the bottom end on... because, it seems to me (pardon me for trying to read in between the lines) on descending TL's you only should be moving them down. If this is inaccurate, I will recant, without prejudice.

Why?, because the further price goes down/up, the more likely you are to find counter trend traders, so when the trend begins to peter out, your going to get more bars breaching the original TL, giving you some sense of reversal. This is why we wait 'til the 2nd bar clearing subject TL.

Regarding what you're worried about, I totally get it. However we are not trading 5 or 15m charts here, so if, indeed, the trend is changing, it will encounter obstacles. Your job is to note those obstacles, adjust your trade size, if you need to, and "Trade the Set Up" and 'Damn the Torpedos'.
  • #575
  • Feb 28, 2018 5:36pm Feb 28, 2018 5:36pm
UJ HMMMMM waiting
Attached Image (click to enlarge)
Click to Enlarge Name: UJ.png Size: 31 KB
  • #576
  • Feb 28, 2018 5:40pm Feb 28, 2018 5:40pm
Quoting brath
UJ HMMMMM waiting {image}
I've been eyeing that one a few days too. Line drawn, wait...
Wow! I've got some experience to gain.
  • #577
  • Feb 28, 2018 6:43pm Feb 28, 2018 6:43pm
Quoting diamonddbw
{quote} ++++++++++++++++++++++++ I'm gonna stick my neck out here, by saying I like your UChf chart, with one exception; The last swing you placed the bottom end on... because, it seems to me (pardon me for trying to read in between the lines) on descending TL's you only should be moving them down. If this is inaccurate, I will recant, without prejudice. Why?, because the further price goes down/up, the more likely you are to find counter trend traders, so when the trend begins to peter out, your going to get more bars breaching the original TL,...
No mate you got that wrong. See pic.
Both yellow lines did not qualify cos all candles are crossed by the lines. So when price moved again a wave formed & the line "red" was moved UP. This is almost always a good sign a trend change is imminent.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCHFDaily.png Size: 31 KB
Conventional trading is for losers
  • #578
  • Feb 28, 2018 6:44pm Feb 28, 2018 6:44pm
Quoting diamonddbw
{quote} ++++++++++++++++++++++ I cheated and got in on UChf H4 yesterday, using less than 2% risk. The daily bottoming formation convinced me to take the risk. Also entered NzdUsd on H4 yesterday, using 1.5% risk. Still in $Cad, and have not been able to stop smiling...
Winners are grinners
Conventional trading is for losers
  • #579
  • Feb 28, 2018 6:46pm Feb 28, 2018 6:46pm
Quoting sa12uk
{quote} Would you be willing to share your charts for the USDCHF and GBPUSD please?
...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 26 KB
Conventional trading is for losers
  • #580
  • Feb 28, 2018 6:51pm Feb 28, 2018 6:51pm
Quoting MrGreen95
{quote} Awesome my friend! I think another point of force of this trading approach it's that eliminating 8000 unnecessary references also eliminates the consequent paralysis that stop you from take a trade! Today was a great day especially for speculating m15, it could have payed thousands of euro! Anyway, GBP/CHF, how do you see it for a short? {image}
I don't like it. Both are being driven down by the DXY so where can it go.????
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCHFDaily.png Size: 28 KB
Conventional trading is for losers
1 trader viewing now