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Trading Made Simple(r)

  • #10,081
  • Mar 20, 2025 6:02pm Mar 20, 2025 6:02pm
Quoting Roscearm
Very late to the party on EUR futures short but got the +2R and more. Remember in my previous post I mentioned that you will get a good quality text book trade everyday. Back test and practice. Scorecard: Wins: 57 Loss: 18 {image}
This trade had the potential of close to 9R.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 21 KB
Find a strategy that works consistently and then trading becomes easy.
  • #10,082
  • Mar 20, 2025 10:22pm Mar 20, 2025 10:22pm
Found this on a post on X and wanted to check if any of you trade this way, like do you have any set Target or Stop losses for the day?
Or set $ value gained/lost for the day or set number of trades you take?

I think this provide a good trader mindset of discipline if it is adhered to. Just wanted to gather your thoughts on this.

Currently, I do not have this criteria when I am trading. I will definitely explore this further.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 86 KB
Find a strategy that works consistently and then trading becomes easy.
  • #10,083
  • Mar 20, 2025 10:38pm Mar 20, 2025 10:38pm
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  • #10,084
  • Mar 20, 2025 11:59pm Mar 20, 2025 11:59pm
Nice win on the EUR future just now. This one was a +4R

Scorecard:
Wins: 58
Loss: 18
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 92 KB
Find a strategy that works consistently and then trading becomes easy.
  • #10,085
  • Mar 21, 2025 1:22am Mar 21, 2025 1:22am
Quoting Roscearm
{quote} I have setup alerts to match the conditions and when it triggers I look at the chart and take action when required (if I am not occupied). I mainly trade Gold, NAS and EUR (started to look at futures now) but it will still be Gold, NAS and EUR futures only. My Watchlist: {image}
tks for sharing.
  • #10,086
  • Mar 21, 2025 1:48am Mar 21, 2025 1:48am
Took this USDJPY trade yesterday and added on a pullback today when price started moving again. Got out at the daily pivot level R100 when price began to flatten off.

I am enjoying trading this system very much and the Blue and Orange stochastics are a revelation (the broken line is the RSI if you are wondering). Thank you Robinhood.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYbM15.png Size: 33 KB

I have made a multiple MA indicator with Robinhood's settings because I am lazy. The pink line defaults to 200 but I set mine at 89 in the screen grab but you can change it how you like.
Attached File(s)
File Type: ex4 6 MA Robinhood.ex4   14 KB | 232 downloads
File Type: mq4 6 MA Robinhood.mq4   4 KB | 288 downloads
  • #10,087
  • Mar 21, 2025 3:10am Mar 21, 2025 3:10am
8 wins
0 losses.
1.20 R.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2025-03-21-08-09-22-180_com.tradingview.tradingviewapp.jpg Size: 308 KB
  • #10,088
  • Mar 21, 2025 4:21am Mar 21, 2025 4:21am
Quoting MaDxPT
8 wins 0 losses. 1.20 R.{image}
Congratulations. Your odds are very good.
What is the name of your first kiss indicator? Is it available on tradingview?
  • #10,089
  • Mar 21, 2025 4:51am Mar 21, 2025 4:51am
Quoting Roscearm
Found this on a post on X and wanted to check if any of you trade this way, like do you have any set Target or Stop losses for the day? Or set $ value gained/lost for the day or set number of trades you take? I think this provide a good trader mindset of discipline if it is adhered to. Just wanted to gather your thoughts on this. Currently, I do not have this criteria when I am trading. I will definitely explore this further. {image}
For now I just focus on making 1-2 decent trades per day
  • #10,090
  • Mar 21, 2025 5:02am Mar 21, 2025 5:02am
Quoting meta.e
{quote} Congratulations. Your odds are very good. What is the name of your first kiss indicator? Is it available on tradingview?
U need to upload it via pinescript. I found it here on the thread. Post 8630.
  • #10,091
  • Mar 21, 2025 6:44am Mar 21, 2025 6:44am
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  • #10,092
  • Mar 21, 2025 7:22am Mar 21, 2025 7:22am
Took a loss on EurGbp.
Bottom stoch was not as low as I would like.
-1R.
Got in after on GbpNzd 15min
+1.20R
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2025-03-21-12-18-42-818_com.tradingview.tradingviewapp.jpg Size: 344 KB


9 wins 1 loss.
  • #10,093
  • Mar 21, 2025 7:22am Mar 21, 2025 7:22am
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  • #10,094
  • Mar 21, 2025 10:44am Mar 21, 2025 10:44am
Last trade of the week.
Euraud 5min.
Stoch going around 80.
Emas nicely alligned.
+1.20R
10 Wins
1Loss
Attached Image (click to enlarge)
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  • #10,095
  • Mar 21, 2025 12:19pm Mar 21, 2025 12:19pm
Quoting Roscearm
Found this on a post on X and wanted to check if any of you trade this way, like do you have any set Target or Stop losses for the day? Or set $ value gained/lost for the day or set number of trades you take? I think this provide a good trader mindset of discipline if it is adhered to. Just wanted to gather your thoughts on this. Currently, I do not have this criteria when I am trading. I will definitely explore this further. {image}
Hello Roscearn,
Personally, I do have a daily goal. When I reach it, I stop or place my trailing stops.
  • #10,096
  • Mar 21, 2025 1:23pm Mar 21, 2025 1:23pm
Hi, is anyone using any kind of alerts on TV for when several conditions are met, like those needed for RH approaches?
  • #10,097
  • Mar 21, 2025 4:30pm Mar 21, 2025 4:30pm
Quoting oohoo
Hi, is anyone using any kind of alerts on TV for when several conditions are met, like those needed for RH approaches?
Yes I do 100%. I have a day job still, can't sit and monitor charts. tV alerts are sent to my phone and in my earbuds I hear that ding and drop whatever I'm doing and check my phone to see what's up.
Trying to learn how to learn how to teach a robot how to learn
  • #10,098
  • Mar 21, 2025 4:32pm Mar 21, 2025 4:32pm
I'm definitely starting to notice a few different things with this strategy. Works wonders on 30min TF for NQ, SL, GC. But for Copper it's WAY better on 5 min timeframe...
Why, I don't know, I don't understand everything yet, probably never will. Bt through back testing, forward testing, and anecdotal evidence, Different pairs work on different time frames. Honestly if I had the patience I'd probably be trading this strategy on the 4 hour. Seems like the signals are extremely reliable and much less noise.
Trying to learn how to learn how to teach a robot how to learn
  • #10,099
  • Mar 22, 2025 5:03am Mar 22, 2025 5:03am
Quoting Webb1003
{quote} Yes I do 100%. I have a day job still, can't sit and monitor charts. tV alerts are sent to my phone and in my earbuds I hear that ding and drop whatever I'm doing and check my phone to see what's up.
But TV only allows you to set alert for one indicator. How do you get an alert when at least 2-3 conditions are met (e.g., RSI and Stochs).
  • #10,100
  • Mar 22, 2025 7:37am Mar 22, 2025 7:37am
Quoting Roscearm
{quote} I have picked up a random dates for EUR on 1Hr and going by the rules, i marked these trades. I have marked the vertical lines so you can check it out for yourself. I use only NY times for charting. Total 7 trades, 5 wins and 2 losses. BTW, I have only marked for 2Rs as that is what I try and aim for. Looking at these trades, are you saying even with whipsaw you can't extract 1R trades using this method? comon if I was targeting just 1R, I am sure I would have got a better scoreboard than what i post. Edit: I think the previous screenshot...
Hi Roscearm,

First of all I would like to thank you for posting your trades and scorecard. Its very motivating.

Pls correct me if I'm wrong but what I have noticed in your screenshot is that you have placed the entry point at the open of the respective candle (HA) . Per my observation, the actual open is always higher than the HA open ( for longs) and vice versa.
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