Trading Made Simple | Page 62 | 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

  • #1,221
  • May 3, 2011 5:24pm May 3, 2011 5:24pm
Please ppl, many of your questions are cover in this threat. If your new, then welcome!

Do some homework in trading this method by reading it from PG#1. Also learn your basics......All are in play ( babypips.com is great )... I have read it at least three times and I'm still learning it.... hopefully It will pay off.

I'm here to succeeded in my own trading along with help others (if I can ) And also to have someone to tell me if I'm wrong, when I'm wrong!

So, if you would, please read the threat and learn basic trading.I think it would be a BIG help everyone here.

rant off!

Good luck and Cheers!
Chilly
  • #1,222
  • May 3, 2011 5:33pm May 3, 2011 5:33pm
Mili...

It was a bounce trade wasn't it...
  • #1,223
  • Edited 5:50pm May 3, 2011 5:37pm | Edited 5:50pm
Wickedwin...

Discuss other methods with Lesso by PM and not on the thread... thanks...
  • #1,224
  • Edited 6:08pm May 3, 2011 5:40pm | Edited 6:08pm
Quoting eelfranz
Mili...

It was a bounce trade wasn't it...
sorry if I missed this, but if we see a bounce trade, do we start counting candles all over
again....ie a bounce trade is the same as a fresh cross of the TDI?
  • #1,225
  • May 3, 2011 5:47pm May 3, 2011 5:47pm
Chilly...
  • #1,226
  • May 3, 2011 5:49pm May 3, 2011 5:49pm
Mili,

Yes, it's like starting a fresh new trade... but it's a bounce...
  • #1,227
  • May 3, 2011 6:01pm May 3, 2011 6:01pm
Training Chart... A/J 1hr... Two easy trades today...
Attached Image (click to enlarge)
Click to Enlarge Name: a-j.gif Size: 26 KB
  • #1,228
  • May 3, 2011 6:05pm May 3, 2011 6:05pm
Training Chart - A/U 1 hr... One solid trade at 6am
Attached Image (click to enlarge)
Click to Enlarge Name: a-u.gif Size: 26 KB
  • #1,229
  • May 3, 2011 6:08pm May 3, 2011 6:08pm
Quoting eelfranz
Mili,

Yes, it's like starting a fresh new trade... but it's a bounce...
i see..thanks....by the way, i have charts for fxsolutions and interbank, and that bounce in the tdi doesnt show up. your charst close at 10, fxsol at 9 and ibfx at 8...that extra hour in your chart changes the tdi....interesting huh?

http://www.forexfactory.com/images/m...ading_dark.gif

  • #1,230
  • May 3, 2011 6:08pm May 3, 2011 6:08pm
IBFX 4 hour candles form at 5pm, 9pm, 1 am. etc..........that's Pacific time -at this time of year.....
  • #1,231
  • May 3, 2011 6:13pm May 3, 2011 6:13pm
Quoting go4pips
IBFX 4 hour candles form at 5pm, 9pm, 1 am. etc..........that's Pacific time -at this time of year.....
you are right go4.....ibfx is same as fxsol....i am wrong about ibfx...i still dont see the bounce on either of the others like i did on fxdd...
  • #1,232
  • May 3, 2011 6:13pm May 3, 2011 6:13pm
Be careful during the day taking trades... make them premo before entering... Most of them are flat during the day... keep an eye on the best charts and important things...
Attached Image
  • #1,233
  • May 3, 2011 6:14pm May 3, 2011 6:14pm
Here is my short trade from Tuesday on 1hr EU chart. We have a double top rejection. Entered short at 1.4441 on candle with green vertical line. Still in the trade but thinking about closing it out before the retrace.
Attached Image (click to enlarge)
Click to Enlarge Name: eu short t1 3.5.11.jpg Size: 146 KB
  • #1,234
  • May 3, 2011 6:15pm May 3, 2011 6:15pm
Quoting eelfranz
Training Chart... A/J 1hr... Two easy trades today...
What kind of trade is the 10 AM one? I see no TDI crossing nor TDI bounce.

Off topic; Any front side photo's from the left cat?
  • #1,235
  • May 3, 2011 6:16pm May 3, 2011 6:16pm
Quoting Greenlake
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
When red the slope is too flat, not enough momentum for trading. Look for slope down 4 to 6 up 2 to 12. Read about in on Craig Harris thread. Paul
  • #1,236
  • May 3, 2011 6:21pm May 3, 2011 6:21pm
Ozzie,


When you saw the TDI go flat... you should have bailed out... Learn to trust it's signals...
  • #1,237
  • May 3, 2011 6:29pm May 3, 2011 6:29pm
Wickedwin,

Good eyes buddy... the 10 am was not a signaled trade... sorry... my error...

The cats are watching a bird on the far left side in the woodstove...
  • #1,238
  • May 3, 2011 6:38pm May 3, 2011 6:38pm
Quoting wickedwin
Hi lesso, I also would like some more exit details

~WW
yeah im not trying to introduce anything new here but i saw a few questions about trade and money management. you can email me if you want...i wont post on this thread about it.
  • #1,239
  • May 3, 2011 6:38pm May 3, 2011 6:38pm
Quoting eelfranz
Wickedwin,

Good eyes buddy... the 10 am was not a signaled trade... sorry... my error...

The cats are watching a bird on the far left side in the woodstove...

Yep, but check the neck of the left cat... looks weird

@lesso, already did.

Anyway here are my second day stats, good stuff if you ask me.
I broke the rules with the USD/CHF trade but it turned out alright ;-)
Attached Image (click to enlarge)
Click to Enlarge Name: day2.png Size: 39 KB
  • #1,240
  • May 3, 2011 7:04pm May 3, 2011 7:04pm
Training Chart - E/J 1hr. - 6am entry... and yes it's ok to enter under the 5ema...



Attached Image (click to enlarge)
Click to Enlarge Name: e-j.gif Size: 26 KB
99 traders viewing now