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Trading Made Simple

  • #2,941
  • May 18, 2011 4:28am May 18, 2011 4:28am
Quoting courtneywild
Hi Mackaozy.

are you trading 1htf....
I'm short the usjp on 4htf. (going no where)

Just to calrify
following the rules is 4htf i note quite a few dropping to 1hr ...any view on this please?

Also any chance you could make the chart pic a little larger?

thank you.

courtney
Hi.

The reason I set a buy stop is because I cant see a valid set up just yet, but I can see the price is staling which may signify a reversal. So I just placed buy stop above the 5 sma if its hits it i'm in, or it may continue down. However the TDI is touching and stochastics exhausted so looking long.
  • #2,942
  • May 18, 2011 4:28am May 18, 2011 4:28am
going back to bed next to my beautiful wife...its 5am in florida folks....wayyyy too early lol. see you in 2 hours.
  • #2,943
  • May 18, 2011 4:29am May 18, 2011 4:29am
Quoting dazzdude
I went short cable on 1hr. 2 mini. It will be interesting as 4hr still has blue HA canlde AND, it appears to be a nice daily buy using the system (depending on what your daily open is I guess). See what happens....
Worked out OK. +41. First trade on my real account using this method after following the thread for some time now. 1 from 1...
Attached Image (click to enlarge)
Click to Enlarge Name: 1_2011-05-18_Short_GBPUSD.gif Size: 36 KB
  • #2,944
  • May 18, 2011 4:29am May 18, 2011 4:29am
Quoting dean
Thanks for spending so much time xplaining. So I think what you are saying is....if you see a SELL setup on the hourly chart, you will flick to the 4 hour and just make sure the current candle is red....you dont look at the overall trend of the chart??
Yep. I don't look for a trend on the upper timeframe as such.
  • #2,945
  • May 18, 2011 4:31am May 18, 2011 4:31am
my damn alarm never goes off at 4.. might be late but short on audcad and gu 4HR. not halfway through 4 hour candle yet so It should be alright

Nice big candles.. gonna close at 12pm est no matter where price is. Lemme know if you guys would take these
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: Picture 9.jpg Size: 190 KB
  • #2,946
  • May 18, 2011 4:37am May 18, 2011 4:37am
Quoting XxLessoxX
click on his chart
yep thanks always do that ... still a bit small...
  • #2,947
  • May 18, 2011 4:38am May 18, 2011 4:38am
is this a bounce trade?? this also looks to be setting up on the 4 hour chart. The next 4 hour candle could be an entry if it starts moving up. Looks like its broken out of consolidation on the one hour at least...so I am assuming by the tdi it could be a bounce trade??
Attached Image (click to enlarge)
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  • #2,948
  • May 18, 2011 4:39am May 18, 2011 4:39am
Quoting mackaozy
Hi.

The reason I set a buy stop is because I cant see a valid set up just yet, but I can see the price is staling which may signify a reversal. So I just placed buy stop above the 5 sma if its hits it i'm in, or it may continue down. However the TDI is touching and stochastics exhausted so looking long.
got it.. very nice. hows the daily ej going?
any view on tfs
  • #2,949
  • May 18, 2011 4:39am May 18, 2011 4:39am
Quoting Dyekid217
my damn alarm never goes off at 4.. might be late but short on audcad and gu 4HR. not halfway through 4 hour candle yet so It should be alright

Nice big candles.. gonna close at 12pm est no matter where price is. Lemme know if you guys would take these
something to look for
Attached Image (click to enlarge)
Click to Enlarge Name: Picture08.jpg Size: 312 KB
  • #2,950
  • May 18, 2011 4:39am May 18, 2011 4:39am
im with you mac on the uj....limit buy at 81.20.....both tdi and stoch are flat and exhausted...uj is at support zone
  • #2,951
  • May 18, 2011 4:42am May 18, 2011 4:42am
Quoting Chris_B
First trade of the day...short GBPUSD...

I exited before the news...so "only" 23 pips banked....
I took the same entry as you :-)
  • #2,952
  • May 18, 2011 4:42am May 18, 2011 4:42am
Quoting courtneywild
yep thanks always do that ... still a bit small...
XxLessoxX

sorry yes got you... its me.
  • #2,953
  • May 18, 2011 4:44am May 18, 2011 4:44am
Quoting courtneywild
got it.. very nice. hows the daily ej going?
any view on tfs
EJ is +40 pips. What do you want to know about timeframes?
  • #2,954
  • May 18, 2011 4:47am May 18, 2011 4:47am
Quoting XxLessoxX
im with you mac on the uj....limit buy at 81.20.....both tdi and stoch are flat and exhausted...uj is at support zone
  • #2,955
  • May 18, 2011 4:52am May 18, 2011 4:52am
Quoting XxLessoxX
im with you mac on the uj....limit buy at 81.20.....both tdi and stoch are flat and exhausted...uj is at support zone
Interesting support at 81.000 nice round number. I'm sure that means it will break or something lol
  • #2,956
  • May 18, 2011 5:13am May 18, 2011 5:13am
I can't really see a set up pursuant to this thread's entry requirements. My charts operate on the NY close (GM+3), so no cross on the daily yet. I hope it works out anyway. It is a value area based on your analysis and I can see your logic.
  • #2,957
  • May 18, 2011 5:16am May 18, 2011 5:16am
Quoting Incrediblle
I am long on GU....long term trade.

100 pip stop
There is no set up as per this thread or method. Your lucky Big E isn't back on here yet lol.
  • #2,958
  • May 18, 2011 5:20am May 18, 2011 5:20am
Quoting eelfranz
Is that possible? Yes.

Years ago when I retired I was looking for something to do. I attended a free local presentation about trading FX. My mind said "We can do that and make money too... from the recliner"... so the torture began as happens to all newbies...

[font=Comic Sans MS][size=3][color=#0000ff]I bought one sure fire program for $2,300... saving $1,700 off the normal $4,000 price. Man... I'm on my way I thought....
Hi! I'm trying and I thank you very much for sharing it, on which currency works best? thanks
  • #2,959
  • May 18, 2011 5:29am May 18, 2011 5:29am
Some guys asked (price and HA separated), here is what I use (files attached, incl. template, where price and HA are split actually).

I modified the TDI indi to allow me to cut off the last bar movement (and color it). Default is NO cut, NO color, i.e. just like other TDI indi's.

I know we are not supposed to clutter the thread uploading indicators, but I think it is a good bundle serving Trading Made Simple strategy.

plamendp
Attached Image (click to enlarge)
Click to Enlarge Name: example.gif Size: 27 KB
Attached File(s)
File Type: ex4 Heiken Ashi.ex4   3 KB | 772 downloads
File Type: ex4 Stochastic Slope.ex4   4 KB | 757 downloads
File Type: ex4 TDI_NoLastBar.ex4   6 KB | 897 downloads
File Type: ex4 ##BarCountDown.ex4   4 KB | 847 downloads
File Type: tpl #big e.tpl   4 KB | 914 downloads
Bah...
  • #2,960
  • May 18, 2011 5:31am May 18, 2011 5:31am
Quoting mackaozy
There is no set up as per this thread or method. Your lucky Big E isn't back on here yet lol.
yeah correct...deleted
Trade responsiblypatience is the key/Swing trader
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