Trading Made Simple

I thank you sir, but daaaaaaaa using your system....

Have you checked out Silver( Oil )? Major bull back. Makes me think of your post last week. I might just buy something shine......

Way to go! 500 is better than most ppls monthly goal. Very nice!

Wickedwin,

Don't sweat it buddy. I certainly don't work for anyone... nor do I promote anyone specifically. I was asked the question and answered it only. Don't understand why he came off on me that way... no matter because he's banned now unfortunately. We don't need that kind of attitude here... we are just trying to help other traders... all of us !

Geo...

Thanks for your report and Congrats... It's just the start...

Since you asked... a page or two back I posted the "Grid 10" indicator. This is what it looks like on a chart... lines are magnets for PA....

I have similar indi to mark round number. I recommend every 00 & 50 Or a simpler way to see it every 50 pip increment.

My my broker is 5 digits, so in the indi I actually have to enter it as 500 pips for it to come out to the correct 50 pip increments.

Speaking of Global Warming and the Value of the US Dollar today.... consider this...

Kumo...

Post the indicator.... helping each other....

This one comes with a lot of verticle time lines, so you'll have to find that line option in settings and set the color to none. Otherwise you get to many annoying lines, when you just want the horizontal ones.

^ lol

Now on a serious note.. why did this USD/CAD trade fail? News related? (closed aud/usd in the green)

@ Chilly; Thanks for the answer, but what is BE? Break Even?

P.s. Although it's my third losing trade.. still in the green today.. will post my day results @ 0;00 +2 gmt

Looks like you bought at resistance to me. Looking left price was rejected around that spot twice.

Hello Everyone

I have the sloping stochastic on my charts as well as the ordinary stochastic and was wondering if someone could tell me the significance of the "red" on this indy. Just not sure how to read this one. Should I just use one stoch ?

Many thanks for a great trading system and thread........ I can't believe its free

Many pips to you all

Greenlake

Yes, as Koma stated stung resistance. I also took that buy and still in @ BE (correct break even) It's actually a counter trend trade, so all the more reason to take profit at S/R line or a tight stop.

PS. Trading at this time in the day is like watching paint dry!

Resistance as in too close to the 68 line or the stoch (or both)?

And what about the pairs, should I trade the big 6 or move into the smaller pairs as well?

Thanks for the fast replies guys :-)!

I have been following along this thread and a few others and I would like to say that its good to see traders helping others in this way. I have been trading forex since 2006 and have been reasonably successful with my own methods. Price action has been my main instrument. through the years i have backtested and forward tested just about every indicator out there. most are mild losers some are fantastic losers...but there are a limited few that can make a profit in the long run if used properly with sound money management. RSI (which is what TDI is built around) is one of the more successful of those. i always look into other systems to possibly add confirmation and confidence to my trading. TDI is included now. Over the last two days i have made a good amount of pips just using the entry method. I manually trail my stops in a lower timeframe to the last swing high or low. As I dont use the TDI to tell me when to exit, only enter, i am able to stay in a trade a little longer.....just my preference, not saying its the right way. Good job everyone, i will be following along and i hoe to see lots of successful trades posted.

I understand that some traders on this thread are using FXDD but I wanted to get better than 50:1 leverage on my trades. I've checked on many companies but very few overseas brokers will allow US residents to trade. Liteforex.com allows it but there are little to no positive reviews of this broker so I am reluctant to try them. Does anyone use a good offshore broker that has leverage of 300-500:1? I know this thread is used for highlighting Big E's awesome trading strategy but felt the users in this group would best know of any options I may have.

Thank you,

Hi Lesso

On the subject of exits and your method of using a lower TF for the last swing high/low can I ask you how many time frames you go down?
If you were trading the 4HR what TF would you use to exit?

Many thanks

Greenlake

eel, noticed that you entered on the 4th candle....what made you comfortabe in doing this?

Hi lesso, I also would like some more exit details

~WW

Green Lake,

On that Stochs... the red area is a warning against entering a trade at that point... like an alert or heads up...