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Trading Made Simple

  • #4,781
  • Jun 6, 2011 9:49am Jun 6, 2011 9:49am
Quoting Forex Girl
Hello Vbmark,

If you donīt mind, asking permission to Big E, I answer your question.
PA = Price Action >>>>YES
Yellow Line = 5ema >>>> YES
100 Levels = I'm not sure, but I consider the limits of fibo, round numbers, and Stoch overbought or oversold... So, Pay attention where the Price is located before you enter it.

Bye
I took the "100" levels to mean the important psych levels ie 1.4200, 1.4300, etc, The big round numbers of any pair. Maybe BigE can clarify.
  • #4,782
  • Jun 6, 2011 9:52am Jun 6, 2011 9:52am
Quoting vbmark
Hey! I took that trade on the H4 last night. I went long and got 20 pips.

Attachment
I hope that wasn't on live account? lol
I got total of 79 pips last nine
Lybi lydey, lybi vragov.
  • #4,783
  • Jun 6, 2011 9:57am Jun 6, 2011 9:57am
Quoting Pip Maker
I hope that wasn't on live account? lol
I got total of 79 pips last nine
No way man, not a live account, I'm a super n00b.

79 pips? You, sir, are my hero. <bows>
  • #4,784
  • Jun 6, 2011 10:04am Jun 6, 2011 10:04am
Quoting XxLessoxX
Attachment
tdi has not crossed but price is bouncing off of a signifigant trendline. stochastic is weakening and beginning to turn down. watching this one.
Don't forget the 50% fib retrace from the last move down. I'm in the trade. Not done much for the last hour but it's not gone backwards too far so I'm giving it another hour. EurUsd looks set for another push up soon too so I'm happy holding a usdchf short.
  • #4,785
  • Jun 6, 2011 10:22am Jun 6, 2011 10:22am
Just to show how nice and profitable bounces can be. And since it happened on low timeframe (M30) it was a quick profit as a bonus :-)
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-m30-bounce.gif Size: 48 KB
Bah...
  • #4,786
  • Jun 6, 2011 10:30am Jun 6, 2011 10:30am
Quoting plamendp
Just to show how nice and profitable bounces can be. And since it happened on low timeframe (M30) it was a quick profit as a bonus :-)
Nice trade!
  • #4,787
  • Jun 6, 2011 11:23am Jun 6, 2011 11:23am
Thank you BigE for this strategy! I am a forum troller. I like looking at other peoples systems and seeing ways that I can improve my own. A majority of the stuff I find is either too much clutter or is not practical or profitable for me in the long run. I found this tread last week tuesday and decided to open a few demo accounts and give it a spin wednesday. I trade eur/usd, gbp/usd and eur/jpn. Ladies and gentlemen, I am up 16% on one account and up 23% on the other risking 5% on each trade. I have been trading for over 4 years seen a lot of things and NO other strategy, free or paid for, has made me that much in such a short period of time.

I look at my charts only 3 times now, make a decision in a few minutes and do whatever I want during the day! I love it! Trading could not have gotten any more simpler for me now. I will be going live in a month with this and I cant wait. My target is 5% a day and with this strategy it will be a breeze. Everyone who is struggling to be consistently profitable in forex should trade this. STICK TO THE RULES and you will be profitable. Don't be greedy.

God Bless you BigE! This is worth more than most of those $99-$1000 systems floating around on the net.

Happy pippin' all!
  • #4,788
  • Jun 6, 2011 11:41am Jun 6, 2011 11:41am
Quoting piprac
I took the "100" levels to mean the important psych levels ie 1.4200, 1.4300, etc, The big round numbers of any pair. Maybe BigE can clarify.
You are right....Itīs psych levels....
If I Change, the whole World changes!
  • #4,789
  • Jun 6, 2011 1:02pm Jun 6, 2011 1:02pm
Hi!

I was wondering if you can tell me what the rules to a bounce trade are using this system? Because I keep seeing them but am not too confident in taking them since don't know the rules. Are they the same as the cross trading? Where you take the trade after the TDI lines cross and are in a 12-2 or 4-6 positions, with the normal rules of Forex i.e. S/R?

Thanks in advance for your help!

Quoting plamendp
Just to show how nice and profitable bounces can be. And since it happened on low timeframe (M30) it was a quick profit as a bonus :-)
  • #4,790
  • Jun 6, 2011 1:41pm Jun 6, 2011 1:41pm
I haven't traded off the weekly charts although I do watch them to see longer framed trends. The E/U just had a cross & I am debating whether to enter a long position. Stochs good, 2nd candle, & looks like no resistance until 1.49 - 1.50. Any ideas?
  • #4,791
  • Jun 6, 2011 1:46pm Jun 6, 2011 1:46pm
Quoting Flatrader
I haven't traded off the weekly charts although I do watch them to see longer framed trends. The E/U just had a cross & I am debating whether to enter a long position. Stochs good, 2nd candle, & looks like no resistance until 1.49 - 1.50. Any ideas?
The TDI cross is a current cross not a completed one. I would wait till next candle opening to confirm.
  • #4,792
  • Jun 6, 2011 3:10pm Jun 6, 2011 3:10pm
Quoting Wbm
Hi!

I was wondering if you can tell me what the rules to a bounce trade are using this system? Because I keep seeing them but am not too confident in taking them since don't know the rules. Are they the same as the cross trading? Where you take the trade after the TDI lines cross and are in a 12-2 or 4-6 positions, with the normal rules of Forex i.e. S/R?

Thanks in advance for your help!
When the green line bounces off the red line in a good slope (yes, 12-2/4-6) to the same direction as the last cross (though the opposite is impossible) you are having a setup. Now check again all Basic Forex stuff, avoid 32/68 levels and so on. This time you don't care about the Synergy candle - is it first, second or Nth.

See the attached picture I made for another post somewhere. Here you have a "good" long setup. Add Basic Forex, Synergy candle *size*, etc.

Now, don't be lazy and read the thread :-)


Plamen
Attached Image
Bah...
  • #4,793
  • Jun 6, 2011 3:21pm Jun 6, 2011 3:21pm
Quoting Flatrader
I haven't traded off the weekly charts although I do watch them to see longer framed trends. The E/U just had a cross & I am debating whether to enter a long position. Stochs good, 2nd candle, & looks like no resistance until 1.49 - 1.50. Any ideas?
hello to me it seems that the TDI is not very uphill
I also see that go down daily and 4h..

does not await the next candle to confirm
would be the third ... if not the fourth .. the first is the doji
  • #4,794
  • Jun 6, 2011 3:24pm Jun 6, 2011 3:24pm
Quoting plamendp
When the green line bounces off the red line in a good slope (yes, 12-2/4-6) to the same direction as the last cross (though the opposite is impossible) you are having a setup. Now check again all Basic Forex stuff, avoid 32/68 levels and so on. This time you don't care about the Synergy candle - is it first, second or Nth.

See the attached picture I made for another post somewhere. Here you have a "good" long setup. Add Basic Forex, Synergy candle *size*, etc.

Now, don't be lazy and read the thread :-)


Plamen

thanks
have some rules also for stochastic in bounce?
  • #4,795
  • Jun 6, 2011 3:27pm Jun 6, 2011 3:27pm
Hello Everyone,

I am new to this thread.
First, I'd like to thank Big E for sharing this great system with us.
Also, thanks for everyone here who is helping other traders and sharing trading ideas!

Please look at the following 4H EURCHF chart.
Is this a good setup?
Love to hear your thoughts about it.

Thank you,
geula4.
Attached Image (click to enlarge)
Click to Enlarge Name: EURCHF.JPG Size: 54 KB
  • #4,796
  • Jun 6, 2011 3:52pm Jun 6, 2011 3:52pm
Quoting Danyjoe
thanks
have some rules also for stochastic in bounce?
Stochastic need to poitnt your direction, preferably between oversold/overbought. I remember Big E said somewhere he ignores Stochastic if it is OB/OS (ignore == don't care). And I agree because when Stoch is OB/OS you never know how long it will stay there and its slope inside OB/OS zones are meaningless until it crosses 20/80 (that's the nature of Stoch from math point of view after all). Oh well.. that's another story...

Basic Stuff + Stochastic... yes.. plus news, plus etc etc etc... the same as with cross...
Bah...
  • #4,797
  • Jun 6, 2011 4:27pm Jun 6, 2011 4:27pm
Quoting plamendp
Stochastic need to poitnt your direction, preferably between oversold/overbought. I remember Big E said somewhere he ignores Stochastic if it is OB/OS (ignore == don't care). And I agree because when Stoch is OB/OS you never know how long it will stay there and its slope inside OB/OS zones are meaningless until it crosses 20/80 (that's the nature of Stoch from math point of view after all). Oh well.. that's another story...

Basic Stuff + Stochastic... yes.. plus news, plus etc etc etc... the same as with cross...
ok thanks!
  • #4,798
  • Jun 6, 2011 4:34pm Jun 6, 2011 4:34pm
Quoting geula4
Hello Everyone,

I am new to this thread.
First, I'd like to thank Big E for sharing this great system with us.
Also, thanks for everyone here who is helping other traders and sharing trading ideas!

Please look at the following 4H EURCHF chart.
Is this a good setup?
Love to hear your thoughts about it.

Thank you,
geula4.
looks good ..
even if it falls a strong green
1h does not seem perfect
the previous candle is uncertain ..
and there seems to be a small resistance

I would wait to see what happens at 1 hour
  • #4,799
  • Jun 6, 2011 4:39pm Jun 6, 2011 4:39pm
Quoting Danyjoe
looks good ..
even if it falls a strong green
1h does not seem perfect
the previous candle is uncertain ..
and there seems to be a small resistance

I would wait to see what happens at 1 hour
Thank you!
  • #4,800
  • Jun 6, 2011 4:47pm Jun 6, 2011 4:47pm
Quoting geula4
Thank you!
maybe go down
I say this because when I'm not sure it never entered

however is better to take it at the opening of the candle(opening 4H candle)
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