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Keep it Simple Stupid (KISS) Method

  • #301
  • May 12, 2009 2:11pm May 12, 2009 2:11pm
Quoting efiler
SeerEye

What should I see in a higher chart that would indicate there is chop going on in lower?
I look at t/f's of 5 min up to the daily. I take a look at Daily range (high's and lows), I take a look at at session high's and lows; I will mark the points (along with others) and keep an eye on them -

What I look for; as an example with a 30 min chart, is the recent high low activity; see if it's bouncing between t/l to t/l or support line to resistance line within lets say a 30 pip range - as things consolidate; that range could even get smaller depending on the pair - that's chop; that's what I stay out of -
Pip what you see; See what you pip!
  • #302
  • May 12, 2009 3:18pm May 12, 2009 3:18pm
You guys are worrying WAYYYYY to much about chop, the system has a element to avoid chop / incorrect trades against the trend and even with all the chop played, which has a exit component before even a 15SL hits, and prefered Time zones.

Not to mention the market is so volatile at the moment, there is alot of useable movement, last thursday +394 back tested with taking a stack of chop trades.



It's just unlucky when you jump in on a chop section.

Sweet spots are only used for Exits, or near 1 that's shown resistance before so dont' take this trade, limited upside.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #303
  • May 12, 2009 3:23pm May 12, 2009 3:23pm
Come on then everyone post up your profits, looking at the EJ chart you guys should of made a mint off this today.


Going Live with this system tommorow ( FXCM allowing ), come on good news only please
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #304
  • May 12, 2009 3:32pm May 12, 2009 3:32pm
Quoting Turveyd
You guys are worrying WAYYYYY to much about chop, the system has a element to avoid chop / incorrect trades against the trend and even with all the chop played, which has a exit component before even a 15SL hits, and prefered Time zones.
Agreed - just stay oudda da way - lol
Pip what you see; See what you pip!
  • #305
  • May 12, 2009 3:37pm May 12, 2009 3:37pm
Quoting Turveyd
Come on then everyone post up your profits, looking at the EJ chart you guys should of made a mint off this today.
Sorry Turveyd; no profits yet - results (this is just me) in demo are BS. Though, I must say; I will go live with it - aside the THV - next week. I do like THV's entry's a little better(maybe, I'm just a little more conservative); When I have more concrete evidence, I post - though, I honestly DO NOT want to complicate matters on this thread - that is not my intent - you've got something good going on here - don't want to pollute it!
Pip what you see; See what you pip!
  • #306
  • May 12, 2009 3:38pm May 12, 2009 3:38pm
Quoting SeerEye
Agreed - just stay oudda da way - lol
Yep, stick to when your odds are better, focus on the better trading times and have long breaks to relax and chill inbetween.


Hey I'm lazy!!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #307
  • May 12, 2009 4:29pm May 12, 2009 4:29pm
Come one someone, even if your lying to me, tell me how many 1000's of pips you took today, PLEASE!!!


Thanks, thanks thanks!!!


i have 100pips, 20SL ish, who's betting on 5 Chop's all hitting SL in a row
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #308
  • May 12, 2009 5:10pm May 12, 2009 5:10pm
good luck tomorrow TD... your gona find its a lot different trading with real money... hope you have a couple of good trades early on settle the nerves.. keep us posted

Danny.
  • #309
  • May 12, 2009 5:34pm May 12, 2009 5:34pm
Quoting rebelheart
good luck tomorrow TD... your gona find its a lot different trading with real money... hope you have a couple of good trades early on settle the nerves.. keep us posted

Danny.

Don't worry been trading with real money for 4 1/2 years mate Just been outta real money for 5weeks area due to FXCM losing my cheque TWICE !! ARRRGGGHHHHHHHHHH!!!!!

Just really hoping this new system works like it is really and more importantly I don't SCREW IT UP by trading like a dumbass

Yep I REALLY need the money, not actually for myself to bail 2 mates outta trouble.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #310
  • May 12, 2009 5:35pm May 12, 2009 5:35pm
EJ Cross over, I'd of forgotten about due to crap range, kept on going +25 and going.


This really does work doesn't it ?? Find out this week Live I guess
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #311
  • May 12, 2009 6:05pm May 12, 2009 6:05pm
Quoting Turveyd
EJ Cross over, I'd of forgotten about due to crap range, kept on going +25 and going.


This really does work doesn't it ?? Find out this week Live I guess
Hey mate, what are the final MA's that we need on the m1 charts then? Are they the ones posted back on the previous page i think?

I dont mind giving this a shot tomorrow.
  • #312
  • May 12, 2009 6:07pm May 12, 2009 6:07pm
Quoting WilteredFire
Hey mate, what are the final MA's that we need on the m1 charts then? Are they the ones posted back on the previous page i think?

I dont mind giving this a shot tomorrow.

3EMA
8SMA
15SMA
40SMA

You've got the rules down right ???

Planning to stick to and master the system at those levels so Should not change, or I might have to tweak it depending on market conditions, find out in time!!



Good luck!! Not that you'll need it!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #313
  • May 12, 2009 7:16pm May 12, 2009 7:16pm
+14 EU Demo, thought I better get some demo practice in.

1.3700 Called a short term top, why risk it.


NEXT!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #314
  • May 12, 2009 7:41pm May 12, 2009 7:41pm
remember; not an aggressive scalper; I like quality pips; so I only take what I think is quality 'all go' trades.

even though it was in demo - 9 trades total; 7 = + 96 pips. 2 = -16 pips -
net pippage +80. Traded 8am PST until 1pm my time and 4pm until now.

all trades taken on e/j
Pip what you see; See what you pip!
  • #315
  • May 12, 2009 7:50pm May 12, 2009 7:50pm
Quoting SeerEye
remember; not an aggressive scalper; I like quality pips; so I only take what I think is quality 'all go' trades.

even though it was in demo - 9 trades total; 7 = + 96 pips. 2 = -16 pips -
net pippage +80. Traded 8am PST until 1pm my time and 4pm until now.

all trades taken on e/j

Trading current as above system right ?? not 1 of the earlier versions.

Thats a impressive tally especially for the last 3hours, no big moves so I'm impressed!!

THANKS!!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #316
  • May 12, 2009 7:55pm May 12, 2009 7:55pm
Confidence is through the roof high.


EJ +15 taken here

+29 tonight, Demo!!!

The 3ema price noise filter is working well, I'd of bailed a few times before on that short already if not for that, and yes sometimes it'll cost you.

EU turned down and GU trying.


This works too well, is my ownly issue here, to well for me to believe
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #317
  • May 12, 2009 7:59pm May 12, 2009 7:59pm
Quoting Turveyd
Trading current as above system right ?? not 1 of the earlier versions.

Thats a impressive tally especially for the last 3hours, no big moves so I'm impressed!!

THANKS!!!
time frame was from this morning my time to current. 11am eastern to now - with a few breaks.
Also, I am using (I like the filter better [not so aggressive] - sorry) the earlier version with the 60/55/50sma's - though, I have your current version side by side along with the THV also; comparing notes. Still like the THV entry (maybe that is because, I'm used to it and trust it better; however; to let trade run; I like the bounce off the 20 - that's nice.

edit - I hate demo accounts. Going to my small live account to fart around with this -
Pip what you see; See what you pip!
  • #318
  • May 12, 2009 8:02pm May 12, 2009 8:02pm
I may sound like a complete nutter here, but I was still behaving badly to the candles which are just noise, so this is how I'm trading


Just turn the Line colour to black then go to Line mode, can click back to candles in seconds if required!!

Lets get back to purely maths and no emotion!!
Attached Image (click to enlarge)
Click to Enlarge Name: What NO Candles.jpg Size: 188 KB
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #319
  • May 12, 2009 8:08pm May 12, 2009 8:08pm
Quoting SeerEye
time frame was from this morning my time to current. 11am eastern to now - with a few breaks.
Also, I am using (I like the filter better [not so aggressive] - sorry) the earlier version with the 60/55/50sma's - though, I have your current version side by side along with the THV also; comparing notes. Still like the THV entry (maybe that is because, I'm used to it and trust it better; however; to let trade run; I like the bounce off the 20 - that's nice.

edit - I hate demo accounts. Going to my small live account to fart around with this -
Not a huge difference and each to there own, then 80,90 attempt was well to slow and nasty in ways.

I've changed the 20 to 15, it dips in the moves out more making the trade easier to see, increases the no trade zone abit to, reducing chop.


I killed EJ ( I was going to bed to be fair ), 30 pips too early, system didn't signal so +45 here.

EU and GU calls are still going the right way.

Got any info on your THV ??
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #320
  • May 12, 2009 8:15pm May 12, 2009 8:15pm
Quoting Turveyd
Got any info on your THV ??
just click on this - http://www.forexfactory.com/showthread.php?t=127271

everything you need to know is right on the first page
Pip what you see; See what you pip!
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