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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

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Trading Made Simple

  • #5,381
  • Jun 14, 2011 4:49pm Jun 14, 2011 4:49pm
Quoting jrushing
Hey Chili, the indicator that you have that shows the price in the lower left, could you share that one please, all the ones I have found are on the right............in the way of action.............Thanks man
You can also go into your price indicator's inputs and change the corner where it is located. The lower left hand corner is typically 2 and the lower right corner is 3.
  • #5,382
  • Jun 14, 2011 5:32pm Jun 14, 2011 5:32pm
Took a daily tf trade on the aud/usd.
Attached Image
  • #5,383
  • Jun 14, 2011 7:06pm Jun 14, 2011 7:06pm
In on GBPJPY Daily. Thoughts?

Attached Image (click to enlarge)
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  • #5,384
  • Jun 14, 2011 7:29pm Jun 14, 2011 7:29pm
Quoting gh16
In on GBPJPY Daily. Thoughts?

Attachment
Entered Long on the daily on the second blue candle at 131.297

Around +46 pips so far.
  • #5,385
  • Jun 14, 2011 8:23pm Jun 14, 2011 8:23pm
Does anyone know how to strip out the unused lines in the TDI? I find that having a few dozen charts with TDI operating sucks up lots of bandwidth. Confession: I still use the Yellow (233 I believe) on my TDI.
Thanks,
Darryl
  • #5,386
  • Jun 14, 2011 8:24pm Jun 14, 2011 8:24pm
entered short on H4 EU @ 4420
Attached Image (click to enlarge)
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  • #5,387
  • Jun 14, 2011 8:32pm Jun 14, 2011 8:32pm
Quoting eelfranz
I prefer to trade the 4hr charts at night. My broker posts new 4 hr candles at 10pm my time (Pacific), 2am my time and 6am my time.

[font=Comic Sans MS][size=3][color=#0000ff]My page when I open up my charts has 8 open charts. I just glance at the TDI for set ups when the new candle opens... If I see a set up... green just crossing red I'll take the trade, turn off the puter and go to bed. Four hours later (1:50am) my alarm goes off for the new candles...
I write basically to ask question on your method of trading.I used your method and it worked for me very well.my question is 1.can I still leave and monitor my trade after 6:00am? 2. Can I open more than one trade at a time 3.can your method be highly affected during the release of an economic news.
I want to use this opportunity to thank you for your encouragement.If not because of you I would have stopped trading,you throw more light to my world of Forex trading.Thank you and God bless you.
  • #5,388
  • Jun 14, 2011 10:37pm Jun 14, 2011 10:37pm
Quoting Nate04
Took a daily tf trade on the aud/usd.
Hope your watching Nate
  • #5,389
  • Jun 15, 2011 1:13am Jun 15, 2011 1:13am
You suppose to enter only on first 2 candles after they change color only if TDI slope is good.
IMHO this is not an good entry because of these and other reasons too, in corelation with Price Action.
Quoting arasheed
I entered Long GbpUsd on TDI up is it correct??
Please comment
  • #5,390
  • Jun 15, 2011 1:37am Jun 15, 2011 1:37am
Quoting cristi01
Hi Ceebs,

Thank you for your kindness !

Forum it does not allow me PMs but I think if you archive the indicator and make it a zip archive you can attach it here since I already saw zip archives in thread attachments.
Cristi01

This should work
Attached File(s)
File Type: zip New WinRAR ZIP archive TDI Ninja.zip   4 KB | 664 downloads
  • #5,391
  • Jun 15, 2011 1:45am Jun 15, 2011 1:45am
Quoting gh16
In on GBPJPY Daily. Thoughts?

Attachment
Looks a good trade to me, only it's in a narrow channel so would be setting a TP at the top of channel if price don't stop you before that.
Good Luck
  • #5,392
  • Jun 15, 2011 1:56am Jun 15, 2011 1:56am
I am short on eur/jpy, gbp/jpy and eur/usd on 4h chart, start of second candle.
All rules met: cross, candle, space, stoch, clockwise.
  • #5,393
  • Jun 15, 2011 2:07am Jun 15, 2011 2:07am
Is it correct setup to go Short on GBP/USD ??
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd h1 short.gif Size: 32 KB
  • #5,394
  • Jun 15, 2011 2:08am Jun 15, 2011 2:08am
First of all a huge thank to eelfranz for sharing this system, and thank to all of you guys for giving precious advises that help a lot!
Just taken e/u and e/j shorts on 4h 2nd bar for a quick 20 pips profit each, i missed the first bar entry (where actually tdi crossed) and entered at close of second bar where price also bounced off 5ema.

Thanks guys, i'll keep following this great thread
  • #5,395
  • Jun 15, 2011 2:12am Jun 15, 2011 2:12am
Arasheed,

If i may, still newbie but, i think your too late. The entry must at the start of a candle. For the 1h the candle is already down for more than 20 pips.
I would pass.
Other criteria are met.
  • #5,396
  • Jun 15, 2011 2:50am Jun 15, 2011 2:50am
Quoting Thierry
Arasheed,

If i may, still newbie but, i think your too late. The entry must at the start of a candle. For the 1h the candle is already down for more than 20 pips.
I would pass.
Other criteria are met.
Hi Thierry
Thanks Luckily I hadn'T GONE SHORT AND WAITED FOR ADICE, IN THE MEANWHILE THE PRICE RETRACED ABOUT 25 PIPS. nOW WHAT TO DO??
  • #5,397
  • Jun 15, 2011 3:04am Jun 15, 2011 3:04am
Hello everyone, just new here, looks like a great method, but seems some confusion over entry candles; why not enter by PRICE and not by candle number, some pictures to show

First, find cross-over signal on 4-Hour chart, place vertical line on the candle next to it, when the signal candle is CLOSED - I like to call this candle, with the arrow, "0"

Draw a horizontal line at the LOW of Candle ZERO, are you with me?
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OPPORTUNITY IS NOWHERE
  • #5,398
  • Jun 15, 2011 3:12am Jun 15, 2011 3:12am
OK, if my first post makes moderator approval, here is how I see the further breakdown of entry by price.

This is important, switch to 1-Hour chart, move the vertical line 1 candle to the left; this will be the last candle of the 4 candles that make up the 4-Hour signal Candle Zero (I have highlighted the 4 bars on the chart)

The entry at the LOW is still visible and if we zoom down to 15-Minute chart, you can see it is very easy, and lot of time to enter when the market of your choice is open.

What do you think?
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: ex_003.gif Size: 40 KB
OPPORTUNITY IS NOWHERE
  • #5,399
  • Jun 15, 2011 3:14am Jun 15, 2011 3:14am
Quoting arasheed
Hi Thierry
Thanks Luckily I hadn'T GONE SHORT AND WAITED FOR ADICE, IN THE MEANWHILE THE PRICE RETRACED ABOUT 25 PIPS. nOW WHAT TO DO??
Just look for another setups. If you follow 8 or more pairs, you wil get at least 5 nice setups a day, wait for the best.
That is something i am training on.
  • #5,400
  • Jun 15, 2011 3:20am Jun 15, 2011 3:20am
Quoting Thierry
Just look for another setups. If you follow 8 or more pairs, you wil get at least 5 nice setups a day, wait for the best.
That is something i am training on.
Yes you are right. TDI at GbpUsd H1 chart still shows Down.
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