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Trading Made Simple

  • #1,141
  • May 3, 2011 9:25am May 3, 2011 9:25am
Cmac,

Way to go, that's what were talking about! Just keep repeating
what your doing. No dig deal, go and make money, have a nice life.

snarlyjack
  • #1,142
  • May 3, 2011 9:26am May 3, 2011 9:26am
Quoting dean
green line on tdi has flattened slightly drifter....could be time to get out??

Im in on CAD too, i think the aussie still has a bit more room to move

Im only trading $1 lots so its no biggie for me if it doesnt turn out well, but do what ever you think is right for you.
  • #1,143
  • May 3, 2011 9:30am May 3, 2011 9:30am
Quoting wickedwin
Guess what i'm doing (indirectly).
Indirectly, I can say big e wanted us all to be on the same page when we compared charts, seeing that the 4hr closes vary depending on different brokers.
  • #1,144
  • May 3, 2011 9:32am May 3, 2011 9:32am
my 4 hour candle shows 2 hours and 33 minutes until close...how long until yours (and eelfranz") closes??
  • #1,145
  • May 3, 2011 9:33am May 3, 2011 9:33am
yep drifter I am also on tiny lots. I just closed out usd/chf as its green flattened more than the others.
Still have eur/usd, aud/usd and usd/cad running as I believe they have more to run
  • #1,146
  • May 3, 2011 9:37am May 3, 2011 9:37am
Quoting dean
my 4 hour candle shows 2 hours and 33 minutes until close...how long until yours (and eelfranz") closes??
141m till 4hr close fxdd
  • #1,147
  • May 3, 2011 9:40am May 3, 2011 9:40am
I am very new to forex trading. Just watching you to learn...
  • #1,148
  • May 3, 2011 9:41am May 3, 2011 9:41am
Quoting dean
my 4 hour candle shows 2 hours and 33 minutes until close...how long until yours (and eelfranz") closes??

Big E has told me before trade your charts your candles, forget the others. Each broker will be slightly different, what is not different is the strategy here. It's the same rules and the same setups regardless of the broker. If you try to trade on your broker using my info and charts you'll open yourself up to additional slippage. Use anothers charts as a guide for the area to expect and hey if mine or someone else's has tunred and yours has not sieze the arbitrage oppty and get ready for a move.

Focus on the picture in front of you where your money is on the line and where your B/d is setting the clock. each B/d sets the MT4 clock to their location a downside to MT4 you cannot override it, or at least I've not seen it done.

Hope this helps.
  • #1,149
  • May 3, 2011 9:41am May 3, 2011 9:41am
Other than chart comparison it shouldnt make a difference should it?? Its a method that works on the signals they have put together combined with PA. I imagine since the candles are still the same time span and we are trading the right session it shouldnt matter......should it??
  • #1,150
  • May 3, 2011 9:44am May 3, 2011 9:44am
Durn AU stopped me out at break even.
  • #1,151
  • May 3, 2011 9:44am May 3, 2011 9:44am
Quoting dean
Other than chart comparison it shouldnt make a difference should it?? Its a method that works on the signals they have put together combined with PA. I imagine since the candles are still the same time span and we are trading the right session it shouldnt matter......should it??
Quoting FX-Trader
Big E has told me before trade your charts your candles, forget the others. Each broker will be slightly different, what is not different is the strategy here. It's the same rules and the same setups regardless of the broker. If you try to trade on your broker using my info and charts you'll open yourself up to additional slippage. Use anothers charts as a guide for the area to expect and hey if mine or someone else's has tunred and yours has not sieze the arbitrage oppty and get ready for a move.

Focus on the picture in front of you where your...
What FX-Trader said.
  • #1,152
  • May 3, 2011 9:48am May 3, 2011 9:48am
Quoting KumoDragon
Yep, looked to good to pass up.

KumoD

are you still feeling good about the Aussie trade?
  • #1,153
  • May 3, 2011 9:49am May 3, 2011 9:49am
I am getting out on this retracement....euro and cad looks as if they are starting to range
  • #1,154
  • May 3, 2011 9:53am May 3, 2011 9:53am
Quoting 33drifter
KumoD

are you still feeling good about the Aussie trade?
I got stopped out at BE. EU, GU, AU. often corolate in the same direction. so, I use that as well to judge. Didn't like what I was seeing on those so I put sl to break even.

I was hoping it would break through the round number, but it bounced off.

It still could work out, my AU trade would be up by about 13 pips if I hadn't set to BE, but like I said it's a judement call.
  • #1,155
  • May 3, 2011 9:59am May 3, 2011 9:59am
170 pips locked in. I think I like this system!
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  • #1,156
  • May 3, 2011 10:05am May 3, 2011 10:05am
Just got out:
aud 15 pips
eur 10
chf 11
cad 2 - wasnt looking right

time for bed
night guys
  • #1,157
  • May 3, 2011 10:08am May 3, 2011 10:08am
What do you guys think, enter or wait?
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  • #1,158
  • May 3, 2011 10:12am May 3, 2011 10:12am
Long GU?
  • #1,159
  • May 3, 2011 10:19am May 3, 2011 10:19am
Quoting wickedwin
What do you guys think, enter or wait?
my 2 cents:-
1. candle slightly small (bad) but they have no bottom wick (good); and
2. candle did not crossed EMA (on my oanda demo platform, not too sure about yours. cant really see as your EMA line is very thick)
  • #1,160
  • May 3, 2011 10:23am May 3, 2011 10:23am
Last nights trade.... The usual... enter 10pm - exit 6am..
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