Trading Made Simple | Page 258 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Monitor for 'Trading Made Simple' system 565 replies

Trading Made Simple the right way, and other trading lessons 334 replies

Indicators for the 'Trading Made Simple' system 343 replies

MTF Indicators for the 'Trading Made Simple' system 241 replies

Trading Made Simple system follower - Thanks to eelfranz 9 replies

Attachments: Trading Made Simple
Exit Attachments

Trading Made Simple

  • #5,141
  • Jun 9, 2011 4:55pm Jun 9, 2011 4:55pm
Quoting 2scoops
This is what a sweet setup looks like when it forms, strong candle, perfect angle on the green, stochastic agreement. No support nearby. Sure its against the daily trend but look how many times price has bounced down from that area.
Another thing I have noticed scoops and that chart you posted shows it a lot. Really good trades seem to come where right at the end of an up or down movement the green really separates from the red and forms a big hook before heading back to cross the red... Have a look on that chart you posted and look back at the tdi where there is a hook on the green with a lot of space between the red and green and look at the trades.
  • #5,142
  • Jun 9, 2011 4:58pm Jun 9, 2011 4:58pm
Quoting Nate04
Closed these trades over my lunch... Did it on my phone, so I don't have a pip count... I'll get that later this evening. But trades definately ended up profitable for me.
Ok, home for the day... Pip count time.

EUR/GBP +41 pips
EUR/USD +53 pips
AUD/USD -7 pips

Total for the day... +87 pips
  • #5,143
  • Jun 9, 2011 5:02pm Jun 9, 2011 5:02pm
Quoting eelfranz
Hey Gang.... Spent all day yesterday at the hospital and dealing with nurses today...

I'm having a lot of Neuropathy pain. Any of you have to deal with that? PM me please...

Thanks...
I hope you get to feeling better E. I wish I could help you out as much as you have helped me!!!
  • #5,144
  • Jun 9, 2011 5:04pm Jun 9, 2011 5:04pm
Quoting eelfranz
Hey Gang.... Spent all day yesterday at the hospital and dealing with nurses today...

I'm having a lot of Neuropathy pain. Any of you have to deal with that? PM me please...

Thanks...
You sound in a bad way BigE I sincerely hope things improve for you. I cant help unfortunatley, I have no experience with it. Wishing you all the very best.
  • #5,145
  • Jun 9, 2011 5:16pm Jun 9, 2011 5:16pm
Quoting eelfranz
Hey Gang.... Spent all day yesterday at the hospital and dealing with nurses today...

I'm having a lot of Neuropathy pain. Any of you have to deal with that? PM me please...

Thanks...
I have been reading this thread from the start over the past week. Eelfranz, you have come up with a good system and I have been trying it out a little. I love the simplicity. I wanted to PM you Eelfranz, sorry you are not well, my wife also suffers alot of pain for along time. Please PM me as I cannot and I can let you know what she has been trying, maybe something will help.

Thanks for the thread, and I wish you well.
Short Euro and remaining that way. That's just the way it is !
  • #5,146
  • Jun 9, 2011 5:22pm Jun 9, 2011 5:22pm
Quoting eelfranz
Hey Gang.... Spent all day yesterday at the hospital and dealing with nurses today...

I'm having a lot of Neuropathy pain. Any of you have to deal with that? PM me please...

Thanks...
Dang it, Big E ! Wish I could help you but your in my prayers..
Get well my friend.
  • #5,147
  • Jun 9, 2011 5:23pm Jun 9, 2011 5:23pm
Quoting eelfranz
Hey Gang.... Spent all day yesterday at the hospital and dealing with nurses today...

I'm having a lot of Neuropathy pain. Any of you have to deal with that? PM me please...

Thanks...
Wishing you well Big E. I'm pretty new to all of this, and i sincerly thank you for what you have shared.
  • #5,148
  • Jun 9, 2011 5:24pm Jun 9, 2011 5:24pm
Quoting Nate04
I hope you get to feeling better E. I wish I could help you out as much as you have helped me!!!
nate what kind of timeframe are you using? what pairs?

Thanks
  • #5,149
  • Jun 9, 2011 5:32pm Jun 9, 2011 5:32pm
Quoting mannai70
nate what kind of timeframe are you using? what pairs?

Thanks
I use primarily the daily time frame. I work during the day, and don't have time to babysit trades. On top of that, I so far have not convinced myself to wake up in the middle of the night to do the 4 hour chart thing (although I do think this would be the perfect time frame for me to trade). I could let the eur/usd and eur/gbp trade go longer, but I hate having trades open on Friday. I just would rather not be worrying about trades on the beginning of my weekend.

As for which pairs I trade, I use the pairs that BigE listed, and also look for other pairs that other people list on here. Basically, I'll trade any pair if I see a setup I like.
  • #5,150
  • Jun 9, 2011 5:40pm Jun 9, 2011 5:40pm
Guess i have to eat crow after my previous post. Was expecting more upside out of the euro/usd. I took this trade last night a few after midnight then went to bed thought this was gonna be an easy trade. Missed my target by 2 pips. However following big E exit strategy I exited when TDI went flat at 4 am and only lost a few pips. And as you can see the Euro really tanked last night. Love this system.
Attached Image (click to enlarge)
Click to Enlarge Name: jun9_12_am_eur_usd.png Size: 135 KB
  • #5,151
  • Jun 9, 2011 6:03pm Jun 9, 2011 6:03pm
Do you open and close your trades off of the daily chart on a daily basis or do you let them run for a couple of days and just close them using the TDI twists etc
Quoting Nate04
I use primarily the daily time frame. I work during the day, and don't have time to babysit trades. On top of that, I so far have not convinced myself to wake up in the middle of the night to do the 4 hour chart thing (although I do think this would be the perfect time frame for me to trade). I could let the eur/usd and eur/gbp trade go longer, but I hate having trades open on Friday. I just would rather not be worrying about trades on the beginning of my weekend.

As for which pairs I trade, I use the pairs that BigE listed, and also look...
  • #5,152
  • Jun 9, 2011 6:36pm Jun 9, 2011 6:36pm
Quoting Nate04
As for which pairs I trade, I use the pairs that BigE listed, and also look for other pairs that other people list on here. Basically, I'll trade any pair if I see a setup I like.
Hi Nate,

What are these pairs?

Thanks,
Erick
build a better future. ForexNation dot Org
  • #5,153
  • Jun 9, 2011 6:48pm Jun 9, 2011 6:48pm
BigE watches 8 pairs if im not mistaken EU, GU, AU, EJ, UCHF, UJ, GJ and U/CAD. I feel like people are lookin at quite a few more tho, AJ etc.

Doesnt really look like theres much on those main 8 tonight. Someone please prove me wrong so I can set a nice trade tonight haha
  • #5,154
  • Jun 9, 2011 6:56pm Jun 9, 2011 6:56pm
Has anyone considered starting a Trading Journal in relation to this system. I personally think it'd be quite interesting to see how powerful this system could be. Plus it would give us newcomers to the system a dedicated area to view good as well as bad trades. Just a thought...
  • #5,155
  • Jun 9, 2011 7:13pm Jun 9, 2011 7:13pm
Thoughts on this daily trade? Do i need to wait for the new candle to open?
Attached Image (click to enlarge)
Click to Enlarge Name: eurcad06092011.gif Size: 25 KB
  • #5,156
  • Jun 9, 2011 7:58pm Jun 9, 2011 7:58pm
Hi GH - entry meets the criteria and there is some room to run to first resistance area. Have a look at the 4H though for another perspective in terms of judging your entry?
Attached Image (click to enlarge)
Click to Enlarge Name: eur_cad_daily.gif Size: 14 KB
  • #5,157
  • Jun 9, 2011 8:28pm Jun 9, 2011 8:28pm
Quoting eelfranz
Hey Gang.... Spent all day yesterday at the hospital and dealing with nurses today...

I'm having a lot of Neuropathy pain. Any of you have to deal with that? PM me please...

Thanks...
I hope your pain subsides.
  • #5,158
  • Jun 9, 2011 8:51pm Jun 9, 2011 8:51pm
Quoting eelfranz
Hey Gang.... Spent all day yesterday at the hospital and dealing with nurses today...

I'm having a lot of Neuropathy pain. Any of you have to deal with that? PM me please...

Thanks...
++++++++++++++++++
This is a nerve issue. I'm afraid I know of nothing specific. However when there is nerve damage the nerves need to be soothed and bathed in what makes them run smoothly.

I occasionally get what I believe is referred to as "Restless Leg Syndrome". I've found (in my case) it's always related to eating sugar and not having enough minerals in my system. Also it usually occurs when I may not have enough water of an evening. It certainly wouldn't hurt if you got a good mineral liquid and began using 3 or 4 dozen drops throughout the day. Also chop up celery very fine and chew on that daily. All fresh veggies you add to your diet will not hurt either. Broccoli is full of calcium in a very usable form.

In a visit to the VA clinic last year the doctor mentioned that in the situation of head trauma never eat sugar because of the swelling it causes.

It may seem like I'm skipping around here but all of this discussion is intended to give you some of your own ideas. As much good as doctors can provide, if we monitor our own system, we can learn alot. What works well for me may be different, but similar, for you.

It's my stance that your involvement with beginning this thread has invigorated and enhanced you. Hundreds of us hang on your every word. When you are no longer 20 years old, it becomes more and more important to feel you are making a contribution. Dude, your ARE!!!

I truly hope something I've written here is helpful to you and anyone else that takes the time to read this. I'm 64 and refuse drugs of all kinds. Some of my earlier life choices might make for a fairly interesting TV movie but definitely not exemplary for a health magazine write up.
You Can Do This!
Darryl
  • #5,159
  • Jun 9, 2011 9:45pm Jun 9, 2011 9:45pm
NZDUSD - closing position for -13, reason support seems to be holding.
Quoting TheRoper
Getting in now
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-06-09_2234_nzdusd_exit_loss_12.7.jpg Size: 161 KB
  • #5,160
  • Jun 9, 2011 11:30pm Jun 9, 2011 11:30pm
Quoting hawaii5000
Hi GH - entry meets the criteria and there is some room to run to first resistance area. Have a look at the 4H though for another perspective in terms of judging your entry?
went in for it, thanks Hawaii!

Heading to bed now, but will check in the morning and if in profit will tighten up the SL given that it's a Friday and there is Canadian data out.
87 traders viewing now, 1 is registered:
rogantin