The simple stupid system

now we are taking off because of us open. should have some trades soon

can someone please tell me when to enter a trade so I can see when would be the best time with this system so far I have not done to well I enter to late or way to early and chicken out to soon. Thank you

just took 4 trades. will update on how they go

what are they and long or short

right now im long gu, eu, ej and short uc

tell me why long on ej please

sorry eu

Anyone has any input on my questions and my chart...?

what about logarythmic charting tools?

Forextrader4,

have a look at post 153 for the candles, MA Candles.

Hey guys!
well,i'm trading in my Live account, in this morning i felt in some traps because i havent waited US to open,big mistake:

http://img501.imageshack.us/img501/5683/eurusduk5.jpg

But i have got 40 Pips on another trade:
http://img204.imageshack.us/img204/3484/gpbhd3.jpg



I have closed it because i will take a break now,I just was wanting to get my lost pips back.
And thats just the begin of the day! a lot of trades will come!

I have to be more carefull and pay atention on Opening/closing markets!
well, Its an Amazing System! A+++++++++!
Thanks to Wahnone for sharing and thanks everybody who is helping to improve it!

well not a bad day 92 pips. i think ill quit for the day if anyone has questions pm me. GOOD LUCK everyone!!!

the following are trades i made today only from london open until now. may stop but if GREAT setup comes ill take it

Do you program expert advisors? If so, why dont you get one for this system. The other one made by m78 still has some issues about exiting our positions (page 6 post 90). Could you go through the code and fix the problems? Thanks in advance.

No, no the ea is running something totally different. and i am no programmer. I have had a few people make them for me in the past. had to pay of course. I can get you in touch with them if you would like. and i forgot i had one trade still open but just closed. still up 74 pips on the day. thanks for the system

I can see you are making a lot of pips already, but why have you exited your last trades when the signal has not come up? Maybe you introduced your own filtering and would like to share with us.

well I have had several people pm with the same question. Here is what im doing. I am using your initial idea and that is about it

I use the 5 and 8 emas and stochs ( set to default ) That is it! Keep it SIMPLE remember everyone????

I enter once the cross has been made and new candle comes out and stochs agree. open at start of new candle and NEVER In Mid candle.

I use a 30 pip sl

Close: if im long - ill let the stochs go above 80 and then come back down. when they break below 80 im out opposite for short of course (20)

I know what some of yall are saying...... you are missing out on pips but no im not. im just locking in profit!!!

sure i may have gotten more pips if i would have stayed in but sometimes Im right.

I use more of a mental stop than a hard stop. i know that doesn't do anyone on here any good. but keep watching it and get a feel for it. ive been doing good in demo with this approach.

I will be posting like this everyday if yall want me to. just let me know. if im getting in the way of the original system also let me know and ill post these trades somewhere else

thanks for the system and any comments are more than welcome : good, bad or indifferent

look at all those pips out there. i decided that 73 was enough for 1 day and look what is going on right now. right now im looking at 140 pips that could have easily been gotten. im looking at gu, eu, ej, uchf, and uj charts all 15 min

A really fantastic result!! Maybe you can post a few charts with your trades - so we can all learn from it. :-)

Have a nice evening!

Hey JT!

"I will be posting like this everyday if yall want me to."

Please do!

JT,

I am trading with Oanda...there are no custom settings for the EMA's, and there is no Dinapoli Stochastics available.

So my questions are:
1) Are standard settings for the EMA's adequate?
2) Will standard Slow Stochastics with standard settings be a viable alternative to the Dinapoli Stochastics, or are you actually using Slow Stochastics?

Many thanks...keep up the good work and postings!