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Trading Made Simple(r)

  • #1,081
  • Jul 5, 2019 3:51pm Jul 5, 2019 3:51pm
Finishing Friday with some open trades. Gbp/cad still going strong from the Tuesday.
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  • #1,082
  • Jul 5, 2019 6:20pm Jul 5, 2019 6:20pm
very good system
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  • #1,083
  • Jul 5, 2019 7:52pm Jul 5, 2019 7:52pm
Quoting onsen
Finishing Friday with some open trades. Gbp/cad still going strong from the Tuesday. {image}
How can you say exactly gbpcad stronger any reason?
seaching information gbpcad i am long it
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  • #1,084
  • Jul 6, 2019 2:10am Jul 6, 2019 2:10am
I would like to thank you all for this very informative thread. I'm learning and really want to succeed with forex trading.
I have a question, I live in Sydney Australia and am trying to work out the best times AEST to enter the market. The Metatrader 4 Platform has different times to mine or to the PDT times that Robinhood and Big Ed traded. Can anyone from Sydney help me with the time conversion?
According to me, it would be 3 pm Sydney time, 7 pm Sydney time and 11 pm Sydney time.
I know that Big Ed stressed that time of day was very important.
How do I change the settings on the Time session indicator to adjust to my time zone AEST? I would really like to put that on my chart.
Thank you very so much.
Carmen.
  • #1,085
  • Jul 6, 2019 3:20am Jul 6, 2019 3:20am
Quoting mfaris12
very good system {image}

before you get carried away ... this is not a system.
RH shared as simple technical indicators rule-based method.
Only you can build upon this and make it into a system that fits you.

There are entry rules and there are exit rules.
You need both trading experience and very strict discipline to trade this method and make money.

Post charts and we can share and discuss every day when the market is open.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #1,086
  • Jul 6, 2019 3:57am Jul 6, 2019 3:57am
Quoting emmanuel7788
{quote} before you get carried away ... this is not a system. RH shared as simple technical indicators rule-based method. Only you can build upon this and make it into a system that fits you. There are entry rules and there are exit rules. You need both trading experience and very strict discipline to trade this method and make money. Post charts and we can share and discuss every day when the market is open.
Hi emmanuel

How are you doing?
Its good to see you after all these years.

As I read through the posts I like to come across familiar names.

How is everything going with you?
  • #1,087
  • Jul 6, 2019 4:17am Jul 6, 2019 4:17am
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From the two pics GA at 4h ahs start giving buy signal but need to wait till the RSI crosses 50 line so that i may enter buy.
And on the D1 chart looking at it i have to exit the sell trade by the candle color and wait for continuation confirmation cause all the other indicators are indicating sell.
this my first post here.about my explanation here am i right ?
@RH and Emmanuel 7788
  • #1,088
  • Jul 6, 2019 10:29am Jul 6, 2019 10:29am
Quoting Musmus
{image}{image} From the two pics GA at 4h ahs start giving buy signal but need to wait till the RSI crosses 50 line so that i may enter buy. And on the D1 chart looking at it i have to exit the sell trade by the candle color and wait for continuation confirmation cause all the other indicators are indicating sell. this my first post here.about my explanation here am i right ? @RH and Emmanuel 7788
You need to change your Japanese Candles to OHLC bars.

After you do that, on the Daily chart the candles will be red/red and then you will not have ANYTHING telling you to exit the short trade.
Always a Student, Never a Master - Emulate What Works
  • #1,089
  • Jul 6, 2019 2:58pm Jul 6, 2019 2:58pm
Quoting carmelina
I would like to thank you all for this very informative thread. I'm learning and really want to succeed with forex trading. I have a question, I live in Sydney Australia and am trying to work out the best times AEST to enter the market. The Metatrader 4 Platform has different times to mine or to the PDT times that Robinhood and Big Ed traded. Can anyone from Sydney help me with the time conversion? According to me, it would be 3 pm Sydney time, 7 pm Sydney time and 11 pm Sydney time. I know that Big Ed stressed that time of day was very important....
As far as I know, the MT4 brokers set the time and you can't change them.

However, there is an indicator called: JF_TradingTimes where you can program horizontal lines to be shown on a chart to mark whatever times you want.

Attached File(s)
File Type: mq4 JF_TradingTimes.mq4   10 KB | 551 downloads


Attached File(s)
File Type: ex4 JF_TradingTimes.ex4   33 KB | 475 downloads
Always a Student, Never a Master - Emulate What Works
  • #1,090
  • Jul 6, 2019 3:11pm Jul 6, 2019 3:11pm
Here's another GREAT trading book. Enjoy!

Attached File(s)
File Type: pdf Way of the Turtle - Curtis Faith.pdf   968 KB | 526 downloads
Always a Student, Never a Master - Emulate What Works
  • #1,091
  • Jul 6, 2019 5:40pm Jul 6, 2019 5:40pm
Quoting carmelina
I would like to thank you all for this very informative thread. I'm learning and really want to succeed with forex trading. I have a question, I live in Sydney Australia and am trying to work out the best times AEST to enter the market. The Metatrader 4 Platform has different times to mine or to the PDT times that Robinhood and Big Ed traded. Can anyone from Sydney help me with the time conversion? According to me, it would be 3 pm Sydney time, 7 pm Sydney time and 11 pm Sydney time. I know that Big Ed stressed that time of day was very important....

Which broker do you use? I am in Perth and use IC markets as it is a New York Close broker, which means for me at 5am is a new daily candle which is 7am for you...

Add 4 hours to 7 to get next 4 hr close etc.....

Just depending on which broker you use as to whether the candle will be the same, best to find a broker using the new york close candles
  • #1,092
  • Jul 6, 2019 7:18pm Jul 6, 2019 7:18pm
Quoting X-Man2
{quote} Hi emmanuel How are you doing? Its good to see you after all these years. As I read through the posts I like to come across familiar names. How is everything going with you?
hi

Life is Great!

I'm moving back to Futures soon trading spot forex has become quite predictable and routine after 20 good years.

Talk again soon.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #1,093
  • Jul 6, 2019 7:44pm Jul 6, 2019 7:44pm
Hi, Robinhood, thanks for your quick reply.
What are your best times to trade? Do you trade the same times as Big Ed and I believe your prefered timeframe is the 4 hourly?
Thanking you so much.
Carmen.
  • #1,094
  • Jul 7, 2019 12:57am Jul 7, 2019 12:57am
EMA Dashboard good for signal filter
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  • #1,095
  • Jul 7, 2019 1:54am Jul 7, 2019 1:54am
Quoting thisara1
ema dashboard good for signal filter {image}
කොළ්ළා උම්බ ටාම දෙමෝ ද නැට්නම් ලය්ව් ද ත්රේඩ් කරන්නේ?
Videsha Mudal Welenda
  • #1,096
  • Jul 7, 2019 3:32am Jul 7, 2019 3:32am
How to open these indicators and templates to open on MT4 mobile
  • #1,097
  • Jul 7, 2019 3:54am Jul 7, 2019 3:54am
Quoting thisara1
EMA Dashboard good for signal filter {image}
Can you share your indicator and explain to me to use it, thanks
  • #1,098
  • Jul 7, 2019 4:16am Jul 7, 2019 4:16am
Quoting emmanuel7788
{quote} hi Life is Great! I'm moving back to Futures soon trading spot forex has become quite predictable and routine after 20 good years. Talk again soon.
You are trading forex spot for 20 years?
That is a very long time.
I am 9 years in this game and became consistent with loveveryone.
Private message me
I have some important matters to talk to you about.
  • #1,099
  • Jul 7, 2019 4:37am Jul 7, 2019 4:37am
Quoting carmelina
Hi, Robinhood, thanks for your quick reply. What are your best times to trade? Do you trade the same times as Big Ed and I believe your prefered timeframe is the 4 hourly? Thanking you so much. Carmen.
I take trades any time of the day or night if I am awake. Yes, I trade mostly the 4 hr. charts and sometimes the daily.
Always a Student, Never a Master - Emulate What Works
  • #1,100
  • Jul 7, 2019 12:05pm Jul 7, 2019 12:05pm
Quoting kette
my first trade h4, the system is good you have to wait {image} {image} {image} {image}
Hello, How are you able to add arrow alerts? Im new to MT4
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