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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

  • #5,481
  • Jun 15, 2011 6:09pm Jun 15, 2011 6:09pm
Quoting Rigby1127
Good idea. I didn't even think of that. I just saw some pull back and decided enough was enough. Could have squeezed out another 20 pips or so. Closed it out at 1.0566. Hope you were able to catch that run down last hour Milicentfx. Good luck.
Rigby I did trade it all the way down, although my entry was later than It should have been...I also should have tightened my stop as the time got closer to London close, but I am definetly NOT complaining..just critiquing my trade...

That entire run was over 140 pips...so I could have done much better, with no stress
  • #5,482
  • Jun 15, 2011 6:53pm Jun 15, 2011 6:53pm
CNN is reporting the the EU could reach 1.39 before Monday. If even partly true being long the EU will be dangerous.
  • #5,483
  • Jun 15, 2011 7:58pm Jun 15, 2011 7:58pm
Quoting johnsund
CNN is reporting the the EU could reach 1.39 before Monday. If even partly true being long the EU will be dangerous.

Be careful with this type of reports, follow the price not the news, but I agree that the price is telling down but lets see. In Forex anything can happen
Indicators always obey Price, not the other way.
  • #5,484
  • Jun 15, 2011 8:05pm Jun 15, 2011 8:05pm
Yes, trade according to the strategy not the news.
  • #5,485
  • Jun 15, 2011 8:15pm Jun 15, 2011 8:15pm
Quoting johnsund
CNN is reporting the the EU could reach 1.39 before Monday. If even partly true being long the EU will be dangerous.
LOL I remember those "experts" were calling 1.00 EU couple months ago.
  • #5,486
  • Jun 15, 2011 9:25pm Jun 15, 2011 9:25pm
Quoting Maverick731
So why has the stoch changed from 8 to 14?

Also I am confused as per the vertical lines and timing the entry. Not really sure where to start as I've just been looking over this and reviewing the pdf in one of the posts about the rules. Not really sure what to ask either as to how to time it.

Do I enter after the candle has formed that the TDI turns up and stoch is up? or do I wait to enter on the close of the candle after the candle which the TDI and stoch has turned up?
The Stochastic is confusing you? Get rid of it, get rid of the Moving Average, I have yet to read where anyone has shown in 5,000+ posts where they used that in their trading entry, trade made simple, doh? Now you have a clean chart you can watch the actual price action, look for a break of a 4-Hour trend line - the best trading signal you will see - divergence, lower highs, lower lows or higher highs and higher lows.

Now, use this arrow indicator and you will never miss a crossover again. Remember to read it AFTER the 4_hour candle has CLOSED. It might start to signal a cross / arrow for 1-1/2 hours, then the market reverses for the next 2-1/2 hosurs and completely changes the outlook. Usually this is outside of the main London / USA sessions; watch the market for sometime and you will see and learn.

Be patient, wait for the TDI to give a signal above 68 or below 32 - has everyone forgotten this is an RSI based indicator; see the chart example, you don't need to trade every single cross over, hope that helps



Look back a few posts, I have some charts that break the entry down into the 1-Hour and 15-Minute charts, and look where that went yesterday!
Attached Image (click to enlarge)
Click to Enlarge Name: ex_010.gif Size: 45 KB
Attached File(s)
File Type: mq4 xTDI-Arrow v1.00_Green_White.mq4   15 KB | 1,034 downloads
OPPORTUNITY IS NOWHERE
  • #5,487
  • Jun 15, 2011 9:31pm Jun 15, 2011 9:31pm
Quoting Chillypiper
Not too sure about that milicentfx. He uses fxdd as a severer for the platform not broker. I have mb trading written down but not 100%. It's on a sticky and I scribal alot....
LOL Chilly....you may be right..thot he used fxdd for live trading, but maybe not...
  • #5,488
  • Jun 15, 2011 9:33pm Jun 15, 2011 9:33pm
Quoting adeforex
today trade was 158 pips in total. Nice pips made. Hope a lot of traders got good feel of this system? THANKS TO BIG E and all the crew. Grown my micro account 80% in less than 4 weeks
OK, you ROCK!!!!! NICE PIPS!!!
  • #5,489
  • Jun 15, 2011 9:41pm Jun 15, 2011 9:41pm
Quoting Nate04
Took a daily tf trade on the aud/usd.
Got burned on this one... Stop loss hit. Nothing you can do but look for the next one. Crazy day in the ole forex markets. All daily strategies were worthless today it seems. Flat for now... Probably for the rest of the week.
  • #5,490
  • Jun 15, 2011 10:03pm Jun 15, 2011 10:03pm
Quoting Nate04
Got burned on this one... Stop loss hit. Nothing you can do but look for the next one. Crazy day in the ole forex markets. All daily strategies were worthless today it seems. Flat for now... Probably for the rest of the week.
Here is a chart to help you with that, and apart from the TDI cross, I cannot figure your analysis for going long there?
Attached Image (click to enlarge)
Click to Enlarge Name: ex_011.gif Size: 45 KB
OPPORTUNITY IS NOWHERE
  • #5,491
  • Jun 15, 2011 10:22pm Jun 15, 2011 10:22pm
Quoting Nate04
All daily strategies were worthless today it seems.
I noticed that too. The H4's, on the other hand, did very well today.
  • #5,492
  • Jun 15, 2011 10:32pm Jun 15, 2011 10:32pm
Quoting wrenski
I noticed that too. The H4's, on the other hand, did very well today.
I've always said I wish I could trade the 4 hour charts. It fits my psychology better, as I really don't like holding on to trades to long, but also don't want to sit and watch every tick on the chart. But kids, day job... It kinda forces me into my situation. I deal with it I guess.
  • #5,493
  • Jun 15, 2011 11:23pm Jun 15, 2011 11:23pm
Quoting Callisto
The Stochastic is confusing you? Get rid of it, get rid of the Moving Average, I have yet to read where anyone has shown in 5,000+ posts where they used that in their trading entry, trade made simple, doh? Now you have a clean chart you can watch the actual price action, look for a break of a 4-Hour trend line - the best trading signal you will see - divergence, lower highs, lower lows or higher highs and higher lows.

Now, use this arrow indicator and you will never miss a crossover again. Remember to read it AFTER the 4_hour candle has CLOSED....

hi Callisto,
i have tried to load indicator and got it in the right place but it doesn't want to work . is there something missing . it comes up in the navagotor under custom indicators but won't activate .
thanks evo.
  • #5,494
  • Jun 15, 2011 11:33pm Jun 15, 2011 11:33pm
Quoting bez3000
I am following 20 pairs at the moment, it allows me to only pick the best setups. Over the last couple of days i have had between 7 & 10 trades runing at the same time.
you are overtrading.
  • #5,495
  • Jun 15, 2011 11:35pm Jun 15, 2011 11:35pm
Quoting bez3000
Good point still demo so not been an issue yet we wil see.
money management is never an issue on demo. I think you will find it changes dramatically in real time with real money.....not to mention the psychological impact.
  • #5,496
  • Jun 15, 2011 11:41pm Jun 15, 2011 11:41pm
Quoting 2scoops
only trade so far today +60 pips.

The first chart is how the trade looked to me when I took it (entry marked with red line). Second is how it was just after I exited (TP).

Nice bounce off that strong support area and a bounce of that trend line. Strong candle, stoch agreement and excellent angle on the TDI.

I drew a red line on the TDI also, this is a pattern Dean Malone looks for where the green line makes a kind of step up. It also made this shape on the last reversal too.

Looking back it looks like a few other took this too! - lol -...
Hi mate,
Yeah I noticed that mysefl actually. Good trades seem to come where the green really kinks away from the red at the end of a run and then heads back to the red leaving a little hill shape.
SOrry to trouble you mate but I cant seem to find that TMS watchdog you use instead of the original tdi. WOuld you mind posting it or PM ing it to me. Thanks and sorry
  • #5,497
  • Jun 15, 2011 11:56pm Jun 15, 2011 11:56pm
Quoting evolution9
hi Callisto,
i have tried to load indicator and got it in the right place but it doesn't want to work . is there something missing . it comes up in the navagotor under custom indicators but won't activate .
thanks evo.
Here, try the base versions of same indicator
Attached File(s)
File Type: ex4 xTDI-Arrow v1.00.ex4   13 KB | 918 downloads
File Type: mq4 xTDI-Arrow v1.00.mq4   15 KB | 1,026 downloads
OPPORTUNITY IS NOWHERE
  • #5,498
  • Jun 16, 2011 12:28am Jun 16, 2011 12:28am
Quoting Callisto
Here, try the base versions of same indicator
it doesnt work.
Demand is not one wants, but what one can pay for
  • #5,499
  • Jun 16, 2011 12:46am Jun 16, 2011 12:46am
Quoting dean
Hi mate,
Yeah I noticed that mysefl actually. Good trades seem to come where the green really kinks away from the red at the end of a run and then heads back to the red leaving a little hill shape.
SOrry to trouble you mate but I cant seem to find that TMS watchdog you use instead of the original tdi. WOuld you mind posting it or PM ing it to me. Thanks and sorry
Here it is
Attached File(s)
File Type: zip %40TMS_TDI_SlopeAlert.zip   17 KB | 1,119 downloads
  • #5,500
  • Jun 16, 2011 1:01am Jun 16, 2011 1:01am
hi Calisto,
when i try to put indicator on chart nothing happens.
the chart freezes and if i check indicator list they are listed as being there even though they are not visable.
thanks for your help Evo.http://www.forexfactory.com/images/icons/icon5.gif
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