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Trading Made Simple system follower - Thanks to eelfranz 9 replies

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  • #1,361
  • May 4, 2011 9:18am May 4, 2011 9:18am
i waited just abit and got gu at almost 30..cuts down on sl and can increase profit..but that isnt always the case of course..sometimes right at the open of the candle it just drops and you miss out..discretion i suppose...regards, RB
  • #1,362
  • May 4, 2011 9:23am May 4, 2011 9:23am
what looks like is holding this gu up from falling is the usd is bumped up tight against the 50 Ma..if it can break it we should run..move to break even so its a free trade either way...i gotta tell ya again eel this system of yours is truely remarkable...havent lost a trade yet(using your rules)..lost a few trying to play 15m..(to fast) but the 1 hr 4 hr guide you laid out is quite good..thanks again..RB...hmmm usd just pushed through 50ma..yeah!!
  • #1,363
  • May 4, 2011 9:24am May 4, 2011 9:24am
tkq101, your entry should have been the the 1st blue bar, which is when the green crossed the red, per the rules.
  • #1,364
  • May 4, 2011 9:39am May 4, 2011 9:39am
Took this trade, and still in it, Good for about 125 pips, so far


Quoting dean
when you put some trades on, would you mind posting a few charts unimak?
Attached Image (click to enlarge)
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  • #1,365
  • May 4, 2011 9:41am May 4, 2011 9:41am
Quoting Bucko6667
tkq101, your entry should have been the the 1st blue bar, which is when the green crossed the red, per the rules.
I did enter at the close of first blue bar, everything is according to the rule, I am out at 133, -100pips oh well it is a bounce play failed it happens.
  • #1,366
  • May 4, 2011 9:44am May 4, 2011 9:44am
this one was good for about 140 pips

Quoting dean
when you put some trades on, would you mind posting a few charts unimak?
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  • #1,367
  • May 4, 2011 9:46am May 4, 2011 9:46am
au...short...BE (only to have it come back down hard 2 hrs later..LOL)
GY..short..+75
Gu..short..+25
100 pips in a day is not to shabby by anyones standards! and there were several other winners i passed on..eel is absolutely correct on cherry picking the ones that make most sense..the majors and yen crosses are really good

the absolute coolest part of this is the au trade only went about 10 pips and then TDI went flat so by the rules i exited and it ran hard the other way...save for winning a trade theres no better feeling than exiting one before it goes terribly against you...best regards all, RB
  • #1,368
  • May 4, 2011 9:52am May 4, 2011 9:52am
This one just finished good for about 110 pips
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  • #1,369
  • May 4, 2011 10:00am May 4, 2011 10:00am
good call on that aj trade...nice...i took the gy and worked well...but not as good as yours..shouldve snagged'm both..lol..oh well still a good day...RB
  • #1,370
  • May 4, 2011 10:02am May 4, 2011 10:02am
It is the best thread ever!

eelfranz, thank you very much!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #1,371
  • May 4, 2011 10:06am May 4, 2011 10:06am
Quoting jrushing
This one just finished good for about 110 pips
Very nice trades. I see who is buying drinks today
Read the entire thread BEFORE you ask questions!
  • #1,372
  • May 4, 2011 10:09am May 4, 2011 10:09am
Quoting eelfranz
Hey Gang...

I'm kind of under the weather today and will be on the side lines.

I took no trade last night.

I shoot for 50+ pips a day trading full lots. When I reach my goal I quit live trading for the day... not greedy here...

[font=Comic Sans MS][size=3][color=#0000ff]Back to you soon......
Get better soon.
  • #1,373
  • May 4, 2011 10:14am May 4, 2011 10:14am
Quoting wickedwin
Yes, try right clicking in the upper graph.

Shitty trade (stoch wasn't red at the moment of the trade); any explanation?

I'm a newbie, but I think there's nothing wrong with the setup, it is just a very unpredictable pair.

I think we'd better trade the pairs that eelfranz trades and just leave GBPCHF, AUDNZD etc. alone.

Just my 2 cents...
Gentlemen always play by the rules. If they can't, they change the rules.
  • #1,374
  • May 4, 2011 10:32am May 4, 2011 10:32am
Quoting Favorite
I'm a newbie, but I think there's nothing wrong with the setup, it is just a very unpredictable pair.

I think we'd better trade the pairs that eelfranz trades and just leave GBPCHF, AUDNZD etc. alone.

Just my 2 cents...
Newbie or not, i'm glad somebody finally replies :-D

Did E recommend the 6 big ones? Or ?
  • #1,375
  • May 4, 2011 10:49am May 4, 2011 10:49am
Quoting wickedwin
Newbie or not, i'm glad somebody finally replies :-D

Did E recommend the 6 big ones? Or ?
As far as I remember, he trades 8 pairs. I remember that he trades EURUSD, GBPUSD, AUDUSD (these three are his favorites), USDCHF, USDJPY, USDCAD and EURJPY. I'm not sure about his eigth pair, I think it is EURGBP.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #1,376
  • May 4, 2011 10:54am May 4, 2011 10:54am
33drifter...

Your Question:

sorry if this has already been covered, i know this method can be traded any pair and any timeframe, but do you have a specefic few that you prefer or are you happy to trade anything with a decent spread and good setup? Yes

My favorites are... the 3 Amigos... E/U, G/U and A/U..

Get well Eelfranz!
  • #1,377
  • May 4, 2011 10:55am May 4, 2011 10:55am
Quoting wickedwin
Newbie or not, i'm glad somebody finally replies :-D

Did E recommend the 6 big ones? Or ?

He did mention he enjoys trading the 3 Amigos the most.

EU/USD GU/USD AU/USD
  • #1,378
  • May 4, 2011 11:05am May 4, 2011 11:05am
Quoting hardearned
He did mention he enjoys trading the 3 Amigos the most.

EU/USD GU/USD AU/USD

Post #63 should help you out



Take Care
Always Learning
  • #1,379
  • May 4, 2011 11:13am May 4, 2011 11:13am
in january I asked eel which pairs he traded.....
Mili ...

Pairs on my main screen I monitor.

e/u, g/u, e/j, u/c, a/j, a/u, e/g, u/j
  • #1,380
  • Edited 11:46am May 4, 2011 11:19am | Edited 11:46am
Quoting Favorite
As far as I remember, he trades 8 pairs. I remember that he trades EURUSD, GBPUSD, AUDUSD (these three are his favorites), USDCHF, USDJPY, USDCAD and EURJPY. I'm not sure about his eigth pair, I think it is EURGBP.
Quoting milicentfx
in january I asked eel which pairs he traded.....
Mili ...

Pairs on my main screen I monitor.

e/u, g/u, e/j, u/c, a/j, a/u, e/g, u/j



So I got 7 out of 8 correct. I wish I could get 7 out of 8 when I trade...
Gentlemen always play by the rules. If they can't, they change the rules.
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