Trading Made Simple

Hi,

Please comment on my chart below. Just now I sell EUR/USD.
Please tell me if I'm doing wrong here. Actually, I'm a bit worry here, I thought the trend is up?
Or should I wait the TDI close below 50 level than it is save to sell?
Thanks.

I am short on EU

likewise me, i am scalping for 30 pips, anyway because of the trend

Can't argue with the set-ups, but I am not pulling the trigger. I am only looking at AU right now (actually long on 4H and D), and I think you would be selling into value. I hate this time of the day to trade also - things will heat up and clear up direction in the next hour or so. Just my view.

I'm short eu au but will wait a while on the gu until 30min after london opens

Any body hear how the boss is? hope you are ok Big E

stopped out at B.E +1, wont reenter
see what happened ,my tp would have been hit. Anyway i am not worried

Those were perfectly valid trades if you only look at H1, many traders on this thread also look one time frame higher to get confirmation. Each to their own but for higher % trades I prefer to only take a trade when H4 & H1 are in sync. I didn't post before because I didn't want to jinx the trades.

check program files(x86)

I'm running windows 7 and never had a problem right clicking the icon but if I did then it would certainly be found in program files.

anyway I'm short EJ which is starting to look weak.
I'm long UC which looks nice

I will be waiting for bounce after uk news, if there is any.

EELFRANZ thank you for all your help. Your system is great. I read all the pages several times and now starting to trade.
As you also preferred I am going to trade on 4hr and daily charts.
I am long at EU on the daily chart.

Very nice system, I try use the virtual money for few days, everything goes great.

I just sell EUR/USD 1.4265

:-D

I think is a correct choice

Almost 3 years in this forums and this is my 4th post :-D

I also went short on EU and AU based on the 1hr charts, although the 4hr were not in agreement. at this point I'm +20 on the EU but -17 on the AU.

Just proves that it's best for everything to be in agreement.

I'm short the GU 1 htf I realised having re read post 1 that eelfranz trades the 1 hour during day 4 hour at night.
4 htf trending short
I realise its at a R/L but its just broken through... just!

Attached. Comments most welcome please.

Is it good to take a short when the TDI in below the 50% line please?

comments welcome

I looked at that but then noticed the two peaks to the left about the same level and thought it could be hitting support so did not take it. Looks good otherwise.

I'd like to thank Eelfranz for this wonderful system and hope all is well now with his health.I flick through FX factory while I'm at the computer trading to pass the time. I've been amazed at the growth of the thread and at the accolades by long term members. I've been playing around with TMS like Silver surfer, both fast and loose and as per the rules and have come to the same conclusion; that with regular P.A and support and resistance and sticking to the rules, this is a winner. What I have noticed is that TMS gets me in earlier than I normally would and it goes my way then a reversal, and most times carries on in the desired direction.I'm currently short e/u,e/y,a/u,g/u as of 2 hours ago. I got out of the u/c from an hour earlier.With regard to higher timeframes I'm not sure...I know the higher ones rule, but the lower ones lead. I'm looking forward to learning more.
Cheers, Bogus.

hi dean


set up looks right on 1htf

I'm looking the 4 htf trand is up.
drew tl on 4 hour and this is how it looks on 1 htf

the only thing easy in forex is loosing money...
subjectivity rules

turns out that was a great choice.

i ve been also trying to get something out of this system for the past few days and would like to thank you for sharing a system that actually works. I think other important things to watch out for this system to guarantee satisfactory wins are the r s lines. when price turns from the resistance or support and if the tdi is crossing then success is nearly 100%

ALWAYS the dilemma, agreed.