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Trading Made Simple system follower - Thanks to eelfranz 9 replies

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Trading Made Simple

  • #4,461
  • Jun 1, 2011 6:41am Jun 1, 2011 6:41am
Quoting Rhino101
Please help.. This looked like a good set up, and I waited for price to move above Pivot, if i waited for next candle I would be on candle #3, so no trade.

What did I miss???

Attachment
I think stoch should move up from 20
TDI slow
first candle is uncertain

seems side market
  • #4,462
  • Jun 1, 2011 6:45am Jun 1, 2011 6:45am
all of the above
  • #4,463
  • Jun 1, 2011 6:49am Jun 1, 2011 6:49am
Quoting viocable
Hi..Is it safe for below trades ?

1. SELL EUR/USD
2. SELL GBP/USD
3. BUY USD/CAD

I am uploading the latest chart on 4H FXDD period which just began in a couple minutes ago.

Please clarify! Thanks
The trades do not work well..., even for G/U and U/CAD which was seems good setup

Quoting 33drifter
E/U looks a bit shakey to me, relatively small candle, and if you looks at PA the last couple of short TDI crosses havent worked out to well.

the other 2 trades look good
Anyway...thanks for the comment 33drifter
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  • #4,464
  • Jun 1, 2011 7:01am Jun 1, 2011 7:01am
Quoting viocable
The trades do not work well..., even for G/U and U/CAD which was seems good setup
Here is usdcad on the hourly, you were trading against a developing downtrend. My short position was taken on the 4 hour chart after the break of the countertrend line. Look on the daily, it has retraced and then resumed the overall downtrend and now the trend continues. Maybe as far as 9450 or below which is where the countertrend began.
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  • #4,465
  • Jun 1, 2011 7:05am Jun 1, 2011 7:05am
Hello traders!

This is my first post in forex factory! I'm glad to be part of so many people's thoughts and views about the market.It's a great place to be in and especially this thread! Thanks to BIG E!
I have been reading it from the last couple of days and based on my countless hours in front of the monitor I think it has great potential for future profits. I've been using my own method including point&figure charts to show me price trend strength but it's rather sluggish in some moments. So far I've already tried demo trading 1h TF on EUR/CHF with 15min TF exit and gathered 17pips. Hope we can learn on trading together.

Greetings fellow plamendp !
  • #4,466
  • Jun 1, 2011 7:48am Jun 1, 2011 7:48am
I saw good set-ups today
1. EURJPY 1hr -=75 pips
2. Eurchf =65 pips
3. i entered GU sell a while ago, still ranging as of now, will update later
TOTAL PIPS FOR TODAY=140
TOTAL PIPS FOR THE WEEK 143 (No loss yet)
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We Win Some, We Loose Some, But Let your Win Rates be More to be Successful
  • #4,467
  • Jun 1, 2011 7:54am Jun 1, 2011 7:54am
Quoting adeforex
I saw good set-ups today
1. EURJPY 1hr -=75 pips
2. Eurchf =65 pips
3. i entered GU sell a while ago, still ranging as of now, will update later
TOTAL PIPS FOR TODAY=140
TOTAL PIPS FOR THE WEEK 143 (No loss yet)
Congraj...Wish you more GREEN pips.

KC.
  • #4,468
  • Jun 1, 2011 8:00am Jun 1, 2011 8:00am
Hello all, you think everything correctly or I risked something?

stochastic was not perfect?

thanks
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  • #4,469
  • Jun 1, 2011 8:48am Jun 1, 2011 8:48am
Quoting adeforex
I saw good set-ups today
1. EURJPY 1hr -=75 pips
2. Eurchf =65 pips
3. i entered GU sell a while ago, still ranging as of now, will update later
TOTAL PIPS FOR TODAY=140
TOTAL PIPS FOR THE WEEK 143 (No loss yet)

Yeah I got the EUR/CHF one on the 4HR, good setup
  • #4,470
  • Jun 1, 2011 8:52am Jun 1, 2011 8:52am
Mannal....

Trade any time frame buddy. I just prefer 4hr for myself...
  • #4,471
  • Jun 1, 2011 9:00am Jun 1, 2011 9:00am
Dean,

If I'm online during the day I'll trade 1hr charts.... London session starts for me at midnight my time....
  • #4,472
  • Jun 1, 2011 9:05am Jun 1, 2011 9:05am
go down 15m 30m 1h... maybe 4h and daily too

what do you think?
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  • #4,473
  • Jun 1, 2011 9:08am Jun 1, 2011 9:08am
Eelfranz; if you had the time (and wanted) to trade all London and US session, would you still stick to once every candle, or is there more to be made by trading in a continuous flow? ie. do timeframes bear any significance/advantage to your strategy aside from making things simple?
  • #4,474
  • Jun 1, 2011 9:10am Jun 1, 2011 9:10am
Thank you to everyone!!!!!

Great to get some good valid instruction..

"It always seems impossible until it is done" Nelson Mandela
  • #4,475
  • Jun 1, 2011 9:15am Jun 1, 2011 9:15am
Quoting adeforex
I saw good set-ups today
1. EURJPY 1hr -=75 pips
2. Eurchf =65 pips
3. i entered GU sell a while ago, still ranging as of now, will update later
TOTAL PIPS FOR TODAY=140
TOTAL PIPS FOR THE WEEK 143 (No loss yet)
Great.. maybe you want to post these before you enter so I can get in as well.....lol
"It always seems impossible until it is done" Nelson Mandela
  • #4,476
  • Jun 1, 2011 9:33am Jun 1, 2011 9:33am
Quoting kasriaz
looks a valid entry................can any body confirm
This is the kind of setups I'm not sure are valid. Although there is a cross going on, the candle is going on as well and may close opposite and bring TDI to the upside. So it could be a fake out.
  • #4,477
  • Jun 1, 2011 9:52am Jun 1, 2011 9:52am
There is one question. The entry. Big E, you trade the original TDI red green indi. That indicator refresh only when a new candle form, right? (or when you switch from timeframe) that means you trade only at the start of a new candle?

Maybe i missed something, ive read the whole thread.

Made almost 20% in 2 weeks on demo, low risk per trade.
Live is now flat, need a little more confident, but that is more myself than the system
I trade now on 1h, 4h and daily.
  • #4,478
  • Jun 1, 2011 9:55am Jun 1, 2011 9:55am
couldn't take the trade but it was perfect setup
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  • #4,479
  • Jun 1, 2011 10:04am Jun 1, 2011 10:04am
Quoting Thierry
There is one question. The entry. Big E, you trade the original TDI red green indi. That indicator refresh only when a new candle form, right? (or when you switch from timeframe) that means you trade only at the start of a new candle?

Maybe i missed something, ive read the whole thread.

Made almost 20% in 2 weeks on demo, low risk per trade.
Live is now flat, need a little more confident, but that is more myself than the system
I trade now on 1h, 4h and daily.
Hi I also asked this, because I do not know if I dont have to switch from timeframes and I do not have to refresh the charts, because the TDI gives you very different signals if you do this, perhaps there is one TDI that does not do this, I do not think it is repainting but It certanly changes the cross and its angle very often as you refresh or change timeframes giving you different signals.
Indicators always obey Price, not the other way.
  • #4,480
  • Jun 1, 2011 10:06am Jun 1, 2011 10:06am
I think you are right max.
The tms-osc and tms/tdi (60) are the 2 that refreshing them self, thats not wrong because price is changing.
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