Emotion - it steals your money.
Swift Trade All Time Return:
7.8%
Trading Made Simple 146,204 replies
Trading Made Simple the right way, and other trading lessons 333 replies
Indicators for the 'Trading Made Simple' system 343 replies
MTF Indicators for the 'Trading Made Simple' system 241 replies
Trading Made Simple system follower - Thanks to eelfranz 9 replies
Disliked{quote} When they are above 80 or below 20 they change from gray to one of the bright colors. The intent is to show when the market is overbought or oversold but I only care about them being over or under the Purple 50 Line (for the most part).Ignored
Disliked{quote} I took this to mean it’s not integral to the methods you posted on page 1Ignored
Disliked{quote} You're right, it's not. But as I said: I SOMETIMES use it for exits.Ignored
Disliked{quote} The stochastic colours don't mean anything in particular for these methodologies so don't concern yourself with it. For your Point 1, the entry is at the close of that candle. Where you are showing the entry with your Fib tool is incorrect and too early - all the indicators have not yet crossed the 50 line until that candle closes.Ignored
Disliked{quote} Actually, I've never discussed why I use that EXACT version of Stochastic indicator. So I'll show an example now of how I SOMETIMES use it: {image}Ignored
Disliked{quote} Hi Robin Hood, I was almost certain that we also use this method to exit the trade. Quick question, what does the number +76.0 mean on the left side of your screen? Thanks for the supportIgnored
DislikedMy AUDUSD and EURUSD trades just hit take profits. That's two full 1R losses on GBPAUD and two 2R take profits this week. I am up 2R in profit so far this week. I want to talk about the EURUSD trade. You can see I was shorting into a support level and that level completely broke. The indicators RH has compiled for us are momentum based indicators. The indicators were showing downward momentum and it went right through the level. If I had not taken that trade based on what I thought might happen at that level instead of trusting what the indicators...Ignored
Disliked{quote} Are you closing position at 2R every time if trailing stop not hit beforehand?Ignored
Disliked{quote} Actually, I've never discussed why I use that EXACT version of Stochastic indicator. So I'll show an example now of how I SOMETIMES use it: {image}Ignored
Disliked{quote} Yessir. For the time being anyway. If it ain’t broke don’t fix it Seriously, I simply haven’t developed the skills necessary to let my trades run beyond 2R Right now I don’t need to be hitting home runs. Lots of little base hits will do.Ignored
DislikedHi everyone, my name is Major. I read with great interest what was written by "RobinHood" "emmanuel7788" and others, thanks to all of you, for the suggestions, I think I understood "Trading Made Simple". I have not yet completed reading all 96 pages and therefore I apologize if I ask stupid questions, but I am here to learn your way to trade. I enclose a Jpg file with some questions, I have other questions to ask but for now it may be enough. I thank everyone for the commitment you demonstrate to teach those like me who are not experts. I thank...Ignored
DislikedAUDJPY H4 trade July 22 This trade is taking forever and don't seem to go anywhere ... if I apply Rules#16 of Douglas Zalesky' 25 Mantra ... I should kill it, but wait! ...the action is now below the 50-level. {image}Ignored
Disliked{quote} entry was okay but you got taken out by Boris Johnson candle. see old post... https://www.forexfactory.com/showthr...9#post12395489Ignored
Disliked{quote} entry was okay but you got taken out by Boris Johnson candle. see old post... https://www.forexfactory.com/showthr...9#post12395489Ignored
Disliked{quote} Actually, I've never discussed why I use that EXACT version of Stochastic indicator. So I'll show an example now of how I SOMETIMES use it: {image}Ignored