Trading Made Simple | Page 18 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Monitor for 'Trading Made Simple' system 565 replies

Trading Made Simple the right way, and other trading lessons 334 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

Attachments: Trading Made Simple
Exit Attachments

Trading Made Simple

  • #341
  • Apr 28, 2011 12:34am Apr 28, 2011 12:34am
Quoting eelfranz
Stimuls,

Post a chart with vertical lines and markings and ask your questions again... thanks...
Okay, first line is the TDI cross and the second line is the HA color change.

When there is a TDI cross, I know that we should be entering within the first two candles after a HA color change. What happens when the TDI has crossed a few bars before the HA has changed colors? Would this still be a valid entry?

Basically, you don't want to enter when the TDI cross lags too much with the HA color change but what about situations when the TDI is ahead of the HA color change? Is it okay to take those trades after the HA changes color?

Thanks.
Attached Image (click to enlarge)
Click to Enlarge Name: pic.gif Size: 34 KB
  • #342
  • Apr 28, 2011 12:35am Apr 28, 2011 12:35am
Training Chart...

Remember what I said about the Three Amigos - E/U, G/U, A/U

Looks almost like the E/U above... Shows one regular entry, a re-entry... Way above the 68 line on the TDI...
Attached Image (click to enlarge)
Click to Enlarge Name: g-u1.gif Size: 23 KB
  • #343
  • Apr 28, 2011 12:35am Apr 28, 2011 12:35am
Quoting Incrediblle
going to bed...will check my trade tomorrow happy pipin
Just checked my trade and it came out as +40 pips
Trade responsiblypatience is the key/Swing trader
  • #344
  • Apr 28, 2011 12:36am Apr 28, 2011 12:36am
Quoting eelfranz
33Drifter...

I love taking short trades off the 68 line or just below and long trades long off the 32 line area... made tons of pips when that opportunity presents itself...

Eelfranz,

your quite right, although i havent taken any of those trades myself, i guess that area is a show of a strong trend.

I was more hoping to eliminate the ranging trades that can take place when the TDI is making multiple crossings around the 50 line
  • #345
  • Apr 28, 2011 12:40am Apr 28, 2011 12:40am
Training Chart...

Here is the A/U... looks similar to the other two... two entry points, way above the TDI 68 line... getting ready to turn like the first two charts... All three should turn in the next 4-8 hours...
Attached Image (click to enlarge)
Click to Enlarge Name: a-u1.gif Size: 23 KB
  • #346
  • Apr 28, 2011 12:42am Apr 28, 2011 12:42am
Quoting stimuls
Okay, first line is the TDI cross and the second line is the HA color change.

When there is a TDI cross, I know that we should be entering within the first two candles after a HA color change. What happens when the TDI has crossed a few bars before the HA has changed colors? Would this still be a valid entry?

Basically, you don't want to enter when the TDI cross lags too much with the HA color change but what about situations when the TDI is ahead of the HA color change? Is it okay to take those trades after the HA changes color?

Thanks.
Hi Stimuls,

Looks like you're using Heiken Ashi Smooth on your chart. That would be the wrong one. Just use the standard HA candles that come standard with MT4 under custom indicators.
  • #347
  • Apr 28, 2011 12:47am Apr 28, 2011 12:47am
Gentlemen,

if you were to have traded this method and kept to the rules, since the 19th of April thru Today you would have made 889 pips just on the EUR, I trade 4 pairs and look at 9 on my screens, This is so simple. Just on the 4 pair I trade the last 8 days would have netted over 3000 pips. On this thread I keep seeing some folks try to push the system, ................wait for the set up the pips will come.............Big E..... Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd,h1 4 27 2011.gif Size: 44 KB
  • #348
  • Apr 28, 2011 12:49am Apr 28, 2011 12:49am
Training Chart -

USD/CHF - Heading down... opposite of E/U. Looks like an entry on the 4hr chart... almost to the 32 line so pay attention...



Attached Image (click to enlarge)
Click to Enlarge Name: usd-chf1.gif Size: 22 KB
  • #349
  • Apr 28, 2011 12:49am Apr 28, 2011 12:49am
Quoting thunderwolf
Hi Stimuls,

Looks like you're using Heiken Ashi Smooth on your chart. That would be the wrong one. Just use the standard HA candles that come standard with MT4 under custom indicators.
Thanks thunderwolf. I'll be sure to make the change.
  • #350
  • Apr 28, 2011 12:51am Apr 28, 2011 12:51am
Quoting eelfranz
Here is a daily chart... entries marked with vertical lines... It's easy on this timeframe too...
What I noticed from this chart is exiting on your trade on the tweaks of tdi will generally save you pips. Sometimes the move carried on after the tweak and tdi went back the right way again on the next candle, when it bounces like this the move seems to go on for quite a few more pips certainly worth getting back in on these bounces of tdi.
  • #351
  • Apr 28, 2011 12:55am Apr 28, 2011 12:55am
Training Char -

Going south (short). Even though it's candle #3 it looks strong for a trade entry... USD/JPY 4hr.
Attached Image (click to enlarge)
Click to Enlarge Name: usd-jpy1.gif Size: 23 KB
  • #352
  • Apr 28, 2011 12:58am Apr 28, 2011 12:58am
I am long on NU as per the rulez
Attached Image (click to enlarge)
Click to Enlarge Name: rrr.gif Size: 20 KB
Trade responsiblypatience is the key/Swing trader
  • #353
  • Apr 28, 2011 1:03am Apr 28, 2011 1:03am
Training Chart -

US/Cad 4hr.. no trade here... Candle 4 is pulling back, TDI has tweeked... reversal coming...
Attached Image (click to enlarge)
Click to Enlarge Name: usd-cad1.gif Size: 26 KB
  • #354
  • Apr 28, 2011 1:09am Apr 28, 2011 1:09am
Eelfranz...from all your training charts which are posted just now,

so for EU, AU, and GU we won't push to buy since the green TDI has gone away above 68?
But for USD/JPY and USD/CHF are safe to Sell?

if so, then I'm correct on the track,,because just now I did not take action on EU, AU, and GU since the Blue Candles has been there more than number #3
  • #355
  • Apr 28, 2011 1:11am Apr 28, 2011 1:11am
Quoting eelfranz
Training Chart -

US/Cad 4hr.. no trade here... Candle 4 is pulling back, TDI has tweeked... reversal coming...
Think I'm gonna save this for reference - excellent example of when NOT to enter, thanks!
  • #356
  • Apr 28, 2011 1:16am Apr 28, 2011 1:16am
Training Chart -

GBP/JPY 4hr... Strong trade set up right now...
Attached Image (click to enlarge)
Click to Enlarge Name: gbp-jpy1.gif Size: 26 KB
  • #357
  • Apr 28, 2011 1:22am Apr 28, 2011 1:22am
Training Chart -

EUR/JPY 4hr... looks strong... missed best entry (candle 1 or 2)... you decide... sorry it's a daily chart...
Attached Image (click to enlarge)
Click to Enlarge Name: eur-jpy1.gif Size: 26 KB
  • #358
  • Apr 28, 2011 1:24am Apr 28, 2011 1:24am
Is this a good setup and could enter now or should wait until candle close?
A good setup the candle should be above the 5 sma yellow line for long or down for short?

thanks
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy.gif Size: 20 KB
  • #359
  • Apr 28, 2011 1:27am Apr 28, 2011 1:27am
Quoting eelfranz
Training Chart -

GBP/JPY 4hr... Strong trade set up right now...
I think the chart you posted on the Gbp/Jpy is on the daily and not the 4hr. I luv this trading method so simple to trade.
  • #360
  • Apr 28, 2011 1:28am Apr 28, 2011 1:28am
Training Chart,,.

EUR/JPY 4hr... going short but green hasn't crossed red yet... you choose... Stoch confirms...
Attached Image (click to enlarge)
Click to Enlarge Name: eur-jpy4.gif Size: 26 KB
21 traders viewing now