Keep it Simple Stupid (KISS) Method | Page 23 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Keep It Simple Stupid 7 replies

Absolute Simplest KISS Method. Also, how do we measure risk reward? 68 replies

Hippiedog's Keep it Stupid Simple 167 replies

KISS method, why the hard way? 38 replies

Keep It Simple Stupid (KISS) - The next Generation!! 7 replies

Attachments: Keep it Simple Stupid (KISS) Method
Exit Attachments

Keep it Simple Stupid (KISS) Method

  • #441
  • May 20, 2009 12:14pm May 20, 2009 12:14pm
Quoting atuque1
Hi Turveyd,

Just to confirm your system, you are using:
3EMA (close)
15EMA (close)
60SMA (close) - "S" for Simple (not Smoothed, right)
180SMA (close) - "S" for Simple (not Smoothed, right)
MACD (3,15,1)

and between 60 and 180 still no trade?
Is that right?

Thanks...
Yep sounds like it.

Becoming Flexible on the no trade, if it's near too each other or if the 180sma is going up steep then definately still no trade.

3 chops SL's earlier then got it all back so bleeding break even again, must stop trading in stupid chop times hey!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #442
  • May 20, 2009 4:09pm May 20, 2009 4:09pm
Quoting atuque1
Hi Turveyd,

Just to confirm your system, you are using:
3EMA (close)
15EMA (close)
60SMA (close) - "S" for Simple (not Smoothed, right)
180SMA (close) - "S" for Simple (not Smoothed, right)
MACD (3,15,1)

and between 60 and 180 still no trade?
Is that right?

Thanks...

How did it work for you today ???

Nearly disasterous here for me, every trade seems to get to +2 then reverse on me, Arrrggghhhhhhh too much chop, I'm never around for the good times, shame cause it works very well when it works and if you hold long enough.

Thankfully I got 60pips on EJ's Dump, my last trade before sending another cheque doh!!! So in profit just about on the day.

So, as I don't believe in no win scenario's what is the solution ???

The 60sma, 180sma and 15sma are SPOT on, so need to keep these. And I like the 3ema for drawing a nice smooth chart direction.

3ema/15ema cross although good while in to hold longer is too slow, 3e/10e worse as more fake trades.

I dropped a 15sma 0.1% envelope range on, and used it to stop me taking longs near the high of the range.

So I'm thinking about using a BB or envelope to create a buy at the low BB sell at the high BB tyre plan, but only using the previous rules so with the trend, against the trend is suicidal.

BUT I can't find a setting I'm happy with as yet so.....

HELPPPPPPPPPPPPP!!!!!!!!!!!!!!!!!!!!!!!!!!

Or other cunning plans which could work along this line.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #443
  • May 20, 2009 7:48pm May 20, 2009 7:48pm
After flicking through 100's of scalper threads and trying 100's of chart setups I've came to the conclusion the only solution is


Patience

There sadly is no System solution, got to manually read the action and make smart trades with the trend as dictated and stay out when there is no trend.

I'm screwed!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #444
  • May 20, 2009 8:02pm May 20, 2009 8:02pm
..this works..as you just said this is only patience...I sit for 2-3 hours waiting for that set up and when it comes I take it, see this trade I only took this morning for about 30 pips. It is so now that I only lose if I get bored of waiting and foolishly decide to break my own rules otherwise I win every time I put the wager in, this is my easy button.

do try it...and try and take only quality trades even if that means you sit and wait for hours.
Attached Image (click to enlarge)
Click to Enlarge Name: ej.gif Size: 18 KB
Its all in the mind.
  • #445
  • May 20, 2009 8:05pm May 20, 2009 8:05pm
Pretty much what I'm doing, but with the missing ingredient of patience.

Thats the difference between Demo account and Real for me, Demo I'm chilled and patience, Live I don't want to miss anything, greed kicks in.

Guess a system can only take you so far
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #446
  • May 20, 2009 8:12pm May 20, 2009 8:12pm
don't be greedy, i know easier said than done. there is no system that can teach not to be greedy or fearful for that matter


Quoting Turveyd
Pretty much what I'm doing, but with the missing ingredient of patience.

Thats the difference between Demo account and Real for me, Demo I'm chilled and patience, Live I don't want to miss anything, greed kicks in.

Guess a system can only take you so far
Its all in the mind.
  • #447
  • May 20, 2009 8:19pm May 20, 2009 8:19pm
Quoting 5abi
don't be greedy, i know easier said than done. there is no system that can teach not to be greedy or fearful for that matter

240Volts through my balls, make a stupid trade ZZZZZZZZZZZZ!!! That might drum it into me

Or kill me!!

Thanks dude, good night!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #448
  • Edited 8:38am May 21, 2009 7:20am | Edited 8:38am
Quoting Turveyd
How did it work for you today ???

Nearly disasterous here for me, every trade seems to get to +2 then reverse on me, Arrrggghhhhhhh too much chop, I'm never around for the good times, shame cause it works very well when it works and if you hold long enough.

Thankfully I got 60pips on EJ's Dump, my last trade before sending another cheque doh!!! So in profit just about on the day.

So, as I don't believe in no win scenario's what is the solution ???

The 60sma, 180sma and 15sma are SPOT on, so need to keep these....
You stated there 15SMA.. Is it 15SMA or 15EMA? You explaint about both 15EMA & 15SMA? Which one to be used actually??
  • #449
  • May 21, 2009 12:33pm May 21, 2009 12:33pm
Quoting atuque1
You stated there 15SMA.. Is it 15SMA or 15EMA? You explaint about both 15EMA & 15SMA? Which one to be used actually??
Pretty much abandoned the idea, although works great during trend moves, buggered if I know when a trend move is coming.

So still got the 180sma, 60sma, 20SMA ( works better with the envelope ).

Then I'm running a 5EMA to give me the direction, no crosses involved too damn slow which = much pain in chop.

Also got a Envelope 20sma, 0.08% which I use as a vague chop range, buy near the bottom, tight SL, bla bla bla on seeing Support and Vice Versa.

Also running a Stochastic, %K 15, %d 3, Slowing 5 which is a nice chop get in, it turns up faster than a SMA cross, so look for near 0 and starts heading up bla bla.

Empahsis has become very much, get on the trend at a good price, rather than it's crossed up IN, ohhh thats a crap price, retrace Stopped

It's working well on Demo, +240pips with no losers on EJ.

All trades are considered scalps, until you get lucky enough to be holding at the start of a big trend move, then let it run, until then, keep banking small profits, finding EJ's got a useable noise / chop range 20-30pips generally.

Trade off the SMA's as S/R and only above the the 60sma and 180sma, basically with the trend.


KISS Not really, but it's working in Demo, try it Live tonight / tommorow I guess, want some more demo practice first, I think this is nearer but smarter to how I was trading when I got 23wins in a row and 4x's the account.

EJ's Sweetspots are KEY to, it responds well to 00 and 50 being S/R very well indeed!!


Bottom fishing is risky, so 10+spread SL in use, not 1 Demo hit yet demo hey

Easy he says!!!

Time and Money Limited, NEED TO GET THIS PROFITABLE ASAP, so hence the changes and trying new things, your getting it live as I work it out, stick around I SHALL Crack it, or die trying!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #450
  • May 21, 2009 1:17pm May 21, 2009 1:17pm
Hey Turveyd
You really are going round in circles faster and faster. Looking at your posts you look like a bank holiday weekend away from the screens will do you good. A fresh start on Tuesday and stick to one set up. Otherwise your growing self doubt will do you in come the end.My post 204 had a nice template I have used this week to good effect. Pm me if you wish and I'll talk you through my setup in detail.
Andy
  • #451
  • May 21, 2009 4:31pm May 21, 2009 4:31pm
No time to slow down, need to be making Pips good pips and SOON!!!


Yes I've traded this S/R channel / Chop before to, or very near to, learning as I go on what works and doesn't and when to do it.


But I'm either ill which is possible, headache/sickness bug going around, or just shattered from working + thinking about Trading and strategising full time, role on the weekend this week.

Will pm you when home thanks, might of missed something.


IF I can Live trade like I've been demoing the last 24hours or so, I'll be a millionaire in no time, sadly it never works that way hey
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #452
  • May 22, 2009 1:28pm May 22, 2009 1:28pm
Hi Andypips,

I downloaded your template and looks interesting,can you post the setup details.

Thank you,

zsozso69
  • #453
  • May 23, 2009 12:08pm May 23, 2009 12:08pm
Quoting zsozso69
Hi Andypips,

I downloaded your template and looks interesting,can you post the setup details.

Thank you,

zsozso69
Hi Z
I will email you the details as i have noticed you also sent me an email. Will try to do it later tonight if I get time.
Andy
  • #454
  • May 23, 2009 12:16pm May 23, 2009 12:16pm
Quoting andypips
Hey Turveyd
You really are going round in circles faster and faster. Looking at your posts you look like a bank holiday weekend away from the screens will do you good. A fresh start on Tuesday and stick to one set up. Otherwise your growing self doubt will do you in come the end.My post 204 had a nice template I have used this week to good effect. Pm me if you wish and I'll talk you through my setup in detail.
Andy
Hi andypips,
Why not talk to me through your setup in detail.
Will appreciate it.
Thanks.
Real pips.
  • #455
  • May 23, 2009 3:38pm May 23, 2009 3:38pm
Quoting Turveyd
No time to slow down,...

Oh boy..another thread hijacked.

So now, what's going to be the next big amazingly- accurate indicator on the mix??
  • #456
  • May 23, 2009 4:19pm May 23, 2009 4:19pm
Quoting wiztrader
Oh boy..another thread hijacked.

So now, what's going to be the next big amazingly- accurate indicator on the mix??

It's not that it don't work, cause well it does hugely, it's the best thing since sliced bread, BUT it's either :-

1. I'm the unluckiest Son of a Bitch that ever lived.
2. I can't trade with real money ( I mean $1 per pip here hardly real ), to save my own life.

As I don't believe in Luck it's obviously no.2

Demo, WIN WIN WIN WIN, Real LOSe LOSE LOSE tis getting ANNOYING!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #457
  • May 23, 2009 5:24pm May 23, 2009 5:24pm
Quoting Turveyd
It's not that it don't work, cause well it does hugely, it's the best thing since sliced bread, BUT it's either :-

1. I'm the unluckiest Son of a Bitch that ever lived.
2. I can't trade with real money ( I mean $1 per pip here hardly real ), to save my own life.

As I don't believe in Luck it's obviously no.2

Demo, WIN WIN WIN WIN, Real LOSe LOSE LOSE tis getting ANNOYING!!
Hey buddy!!

Not to be rude or anything but, if you look at the title on this thread, the stuff should be kept as simple as it is. Why don't you get back to the original view on the thread and start all over? or better yet, why don't you just simply take all this crap out of you charts and begin to see the market on what it really is?

Price

If you keep mixing MA's and the like, you'll never find a good setup. Even if you do, the market will turn it's back on your sooner or later. That's just the way it is.

Anyway, it's your money.

  • #458
  • May 23, 2009 5:37pm May 23, 2009 5:37pm
You will lose your account as you did before, work on yourself, not only on the system you use.

BTW: where you got your vouchers from? You are acting like a rookie!!!

Quoting Turveyd
No time to slow down, need to be making Pips good pips and SOON!!!
  • #459
  • May 23, 2009 6:15pm May 23, 2009 6:15pm
Quoting wiztrader
Hey buddy!!

Not to be rude or anything but, if you look at the title on this thread, the stuff should be kept as simple as it is. Why don't you get back to the original view on the thread and start all over?...

But it works so so so so so so very well with Demo, just some statical blips and lack of funds enduced losses I think, mixed with a lack of sleep!!

Couple of days off, some Demo practice and more money in the account ( Already sent ), hopefully will get me back on track.


Find out soon ish!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #460
  • May 23, 2009 6:17pm May 23, 2009 6:17pm
Quoting cobraforex
You will lose your account as you did before, work on yourself, not only on the system you use.

BTW: where you got your vouchers from? You are acting like a rookie!!!

Myself is the issue fully aware of this.

No Rookie, 2months ish back I was profitable and account was sky rocketing then back to square 1.

This trading is a weird weird problem to be solved.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
0 traders viewing now