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Trading Made Simple

  • #4,681
  • Jun 3, 2011 6:41pm Jun 3, 2011 6:41pm
LOL...
Having more than my share of those..."senior moments"... myself lately...

Ya'll have a good weekend...
Cliff

Quoting ndhoanggia
Senior moment in its purest form We love you Eric!
I get exercise just pushing my luck
  • #4,682
  • Jun 3, 2011 8:36pm Jun 3, 2011 8:36pm
Quoting 33drifter
Dean,

last 2 weeks have seen 14 trades, 4 BE, 9 hit the TP of 10 - 15, 1 bad trade, got cocky, entered on 4th candle and got stopped out @ -30.

Next week im going try bringing my SL to 10 plus spread entering on M5 and set TP to 10 Plus spread.

Ill let you know how i go
You SCALP for the 14 trades? What TF?
  • #4,683
  • Jun 3, 2011 8:41pm Jun 3, 2011 8:41pm
BigE is back
Attached Image
  • #4,684
  • Jun 3, 2011 8:44pm Jun 3, 2011 8:44pm
Quoting plamendp
Grats mate Very nice!

Today I am even: no trades, no winners, no loosers.. peace
No losers is a POSITIVE thing. You get to fight another day.
  • #4,685
  • Jun 3, 2011 9:04pm Jun 3, 2011 9:04pm
Quoting vbmark
Hello,

I am brand new to Forex and this is my first post and the first trading plan I've ever tried. Awesome stuff!

Please share with me your thoughts.

Thank you!
It's OK to make losing trades. It's part of the package when trading FX.

Trading FX is like taking an exam. You're bound to get a few of your answers wrong. But as long as you have more answers right. You pass. And that's what matters.
  • #4,686
  • Jun 3, 2011 9:13pm Jun 3, 2011 9:13pm
Quoting 3xtrader
Hi PreetEnzo,
Which histogram are you using? Looks good. I'd like to give it a try if its OK with you.

3X
No Problem, here it is. I DL for FF, I am not sure who is the original creator.
Attached File(s)
File Type: mq4 TDI_Histo.mq4   2 KB | 789 downloads
  • #4,687
  • Jun 3, 2011 10:24pm Jun 3, 2011 10:24pm
Big E, you mean eu, gu, au set up for short , right?
  • #4,688
  • Jun 3, 2011 11:16pm Jun 3, 2011 11:16pm
Quoting Incrediblle
Training Chart...

this is a good example of chart where there is no man's land.

TDI is extremely flat.
I notice that you do not use the HA candles and Stoch for your 1H trades. How is that?
  • #4,689
  • Jun 4, 2011 1:28am Jun 4, 2011 1:28am
Quoting eelfranz
Bom2...

Your statement in Bold, if I may define it, so we enter position while the TDI is still on progress? On any timeframe when green crosses red (12-2 or 4-6 angle) we enter the trade at the beginning of that candle... check out the basic stuff as discussed earlier.
I got tripped up on this myself.

I think it can be expressed this way:
Candle 1: green has NOT cross red
Candle 2: green crossed red
Candle 3: enter at the beginning of candle

Please correct me if I'm wrong.
  • #4,690
  • Edited 2:01am Jun 4, 2011 1:40am | Edited 2:01am
Quoting disciple
You SCALP for the 14 trades? What TF?
Im using the H1, i dont intend to scalp forever, im just struggling to hold trades for along time, i noticed that almost all decent tdi crosses go for at least 10 pips so i thought id start there. Ideally id like to work with a better r:r set and forget setup (maybe 30SL and 30TP) but i need to get better at identifying the good trades and work out what SL/TP combo works best

posts like this make me cry, haha

Posted by Danyjoe

GBP/USD +95(still open)
EUR/USD +18
AUD/USD +83
USD/CAD +22
EUR/CHF +32
EUR/USD daily(still open)(I think he broke a good resistance)

+250 today

+33 yesterday
+167 wednesday
  • #4,691
  • Jun 4, 2011 2:25am Jun 4, 2011 2:25am
Hi guys. Is there anyone who remembers Big E's take profit strategy? I read several time but I could not find anything about it. How many pips are enough for Big E especially when he trades in 4 HR time frame?

I use 4 HR and trying to reach at least 200 pips a week.

Thank you.
Demand is not one wants, but what one can pay for
  • #4,692
  • Jun 4, 2011 2:28am Jun 4, 2011 2:28am
Quoting Danyjoe
GBP/USD +95(still open)
EUR/USD +18
AUD/USD +83
USD/CAD +22
EUR/CHF +32
EUR/USD daily(still open)(I think he broke a good resistance)

+250 today

+33 yesterday
+167 wednesday
That really is amazing,

do you mind if i ask what your background is? How long have you been trading for?

Would you say that you have a strong understanding of forex fundamentals i.e. support and resistance, fibs, economical influences etc. or are you more focused on the nuts and bolts of TMS like TDI cross angle and stochs etc.

Thanks
  • #4,693
  • Jun 4, 2011 2:47am Jun 4, 2011 2:47am
Quoting 33drifter
That really is amazing,

do you mind if i ask what your background is? How long have you been trading for?

Would you say that you have a strong understanding of forex fundamentals i.e. support and resistance, fibs, economical influences etc. or are you more focused on the nuts and bolts of TMS like TDI cross angle and stochs etc.

Thanks
hello
considering that I'm still in demo
i'm studing Forex from 2 months.. but many many hours a day ..
I did a course, tried dozens of systems, studied EA..
interested me the first page of this tread and the simplicity of this system(I think BIG E is a very intelligent and generous to share his efforts of his life)
enough to study the manual and do a lot of backtest

I do not know much fundamental .. I think I know just enough to

But I think.. as in many things in life.. more complicate you are and more your business go slow..

I look TDI, previous candles, 3 Stoch, before and after TF, news and resistances... (and a little imagination)
(Albert Einstein said that imagination is more important than the knowledges)

are still in the demo.... in a few days leave in real.. I'm choosing the broker
  • #4,694
  • Jun 4, 2011 3:03am Jun 4, 2011 3:03am
Drifter,

I made $184.00 today (184 pips = $1.00 per pip) on three
different contracts on the 4 hour chart using Eelfranz method
of tdi plus 5ema shift +2. No big deal. Set your trades and
take a nap and quit watching every pip move.

Roterio,

My take profit is at approximately $100.00 give or take depending
on how the market is looking. Also if the tdi green line starts
to flatten out on you = 3:00 direction, take profits.

Today the eur/usd was really making a move so I held longer
because of the volitility in the market. And made a nice little
profit.

After years of studying forex I think one of the secrets is the
4 hour chart. If I had to specialize on some of forex secrets
they would be 1). the tdi indicator. 2). 4 hour time frame.
3). ema 5 shift +2. 4). letting each trade have some room
to move around. 5) maybe taking a nap is a good idea...

snarlyjack
  • #4,695
  • Jun 4, 2011 3:08am Jun 4, 2011 3:08am
Quoting 33drifter

posts like this make me cry, haha

Posted by Danyjoe

GBP/USD +95(still open)
EUR/USD +18
AUD/USD +83
USD/CAD +22
EUR/CHF +32
EUR/USD daily(still open)(I think he broke a good resistance)

+250 today

+33 yesterday
+167 wednesday
umm..I hope we are all talking about the same thing here.
Are those pips or pipettes?
  • #4,696
  • Jun 4, 2011 3:14am Jun 4, 2011 3:14am
Quoting doublePip
umm..I hope we are all talking about the same thing here.
Are those pips or pipettes?
pipettes
Trade responsiblypatience is the key/Swing trader
  • #4,697
  • Jun 4, 2011 3:19am Jun 4, 2011 3:19am
Quoting doublePip
umm..I hope we are all talking about the same thing here.
Are those pips or pipettes?
see graphs
  • #4,698
  • Jun 4, 2011 3:23am Jun 4, 2011 3:23am
Thank You Snarlyjack. It will help me.

Quoting snarlyjack
Roterio,

My take profit is at approximately $100.00 give or take depending
on how the market is looking. Also if the tdi green line starts
to flatten out on you = 3:00 direction, take profits.

Today the eur/usd was really making a move so I held longer
because of the volitility in the market. And made a nice little
profit.

After years of studying forex I think one of the secrets is the
4 hour chart. If I had to specialize on some of forex secrets
they would be 1). the tdi indicator. 2). 4 hour time frame.
3). ema 5 shift +2. 4). letting...
Demand is not one wants, but what one can pay for
  • #4,699
  • Jun 4, 2011 3:55am Jun 4, 2011 3:55am
Quoting Danyjoe
see graphs
Danyjoe, there are no vertical lines on your charts to show where you entered and you have a 5 digit broker. No big deal, just hoping we are all talking the same language, that all.
  • #4,700
  • Jun 4, 2011 4:07am Jun 4, 2011 4:07am
Quoting doublePip
Danyjoe, there are no vertical lines on your charts to show where you entered and you have a 5 digit broker. No big deal, just hoping we are all talking the same language, that all.
ok

I took the last 4 decimals, then are pips
the photo is the exact time of the trade (so the last candle you see is the moment to entered)
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