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Trading Made Simple

  • #5,501
  • Jun 16, 2011 1:02am Jun 16, 2011 1:02am
Quoting dean
you are overtrading.
I don't agree it suits my trading style and let's me pick the best setups.
I have made 900+ pips this week by "over trading" so I will continue I think
  • #5,502
  • Jun 16, 2011 1:08am Jun 16, 2011 1:08am
Quoting dean
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.
I understand the psychological impact of live trading as I have done it for years. I just wish to demo for a couple of weeks to bed on the system. When I go live my trades will not change but my mm will, I am prepared for this.
  • #5,503
  • Jun 16, 2011 1:18am Jun 16, 2011 1:18am
Hi Guys,

I had failed many times in Forex Trading sometimes it made me to think of quitting FOREX but this thread TMs has given me the CONFIDENCE i was missing so far ,This particular system is making my decision making easier while placing trades .

Thanks everyone for providing knowledge ,sharing and helping the traders like me.

I started the new demo account using this system ,if you want you can have a look at it.

http://www.myfxbook.com/members/ssaqeel/tmshf-4h/122196

Happy trading
  • #5,504
  • Jun 16, 2011 1:20am Jun 16, 2011 1:20am
Quoting bez3000
I don't agree it suits my trading style and let's me pick the best setups.
I have made 900+ pips this week by "over trading" so I will continue I think
I am curious how much percentage you risk per each pair?
Regards
Indicators always obey Price, not the other way.
  • #5,505
  • Jun 16, 2011 1:24am Jun 16, 2011 1:24am
Quoting maxtrader
I am curious how much percentage you risk per each pair?
Regards
It's only demo buy it's a 100,000 account and I trade 0.04 lot size sl is normally around 80 pips depending on swing.
  • #5,506
  • Jun 16, 2011 1:28am Jun 16, 2011 1:28am
Quoting ssaqeel
Hi Guys,

I had failed many times in Forex Trading sometimes it made me to think of quitting FOREX but this thread TMs has given me the CONFIDENCE i was missing so far ,This particular system is making my decision making easier while placing trades .

Thanks everyone for providing knowledge ,sharing and helping the traders like me.

I started the new demo account using this system ,if you want you can have a look at it.

http://www.myfxbook.com/members/ssaqeel/tmshf-4h/122196

Happy trading
There are so many systems on various Forums which seem to be attractive & good for trading, but the the real point to ponder is which system enables YOU to pull the trigger at right time and eliminate your hesitency and really make you active!
This Trading Made Simple is really good to give you confidence and in result success.

arasheed
  • #5,507
  • Jun 16, 2011 1:29am Jun 16, 2011 1:29am
Quoting bez3000
It's only demo buy it's a 100,000 account and I trade 0.04 lot size sl is normally around 80 pips depending on swing.

Thanks, as I can see you are not risking a lot, so basically you are diversified, very good.
Regards
Indicators always obey Price, not the other way.
  • #5,508
  • Jun 16, 2011 1:32am Jun 16, 2011 1:32am
Quoting bez3000
I don't agree it suits my trading style and let's me pick the best setups.
I have made 900+ pips this week by "over trading" so I will continue I think
You are contradicting yourself. If you were picking the best setups you wouldnt have 9 trades on at once.
This is not me trying to advise you...it is a common known fact that overtrading is one of the biggest pitfalls of a trader.....ask the more experienced traders who have been succesful over a long period.
Congratulations on the 900 pips per week, but you dont need anywhere near that to make a lot of money.
But yep you are right...if its your style to trade that way go for it.
  • #5,509
  • Jun 16, 2011 1:40am Jun 16, 2011 1:40am
Quoting evolution9
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
No idea what is going on there, I just put it on a new chart and they still work for me.

Try doing that, open a plain chart with nothing else on it and see what happens; anyone at all get them to work?

I thought I actually found them on this thread while I was reading it
OPPORTUNITY IS NOWHERE
  • #5,510
  • Jun 16, 2011 1:41am Jun 16, 2011 1:41am
Quoting arasheed
There are so many systems on various Forums which seem to be attractive & good for trading, but the the real point to ponder is which system enables YOU to pull the trigger at right time and eliminate your hesitency and really make you active!
This Trading Made Simple is really good to give you confidence and in result success.

arasheed
Exactly thats what i mean ,thanks rasheed
  • #5,511
  • Jun 16, 2011 1:41am Jun 16, 2011 1:41am
Quoting 2scoops
Here it is
cheers mate
  • #5,512
  • Jun 16, 2011 1:56am Jun 16, 2011 1:56am
Quoting Wbm
Here you go mate, enjoy!
Thanks heaps!!
build a better future. ForexNation dot Org
  • #5,513
  • Jun 16, 2011 2:17am Jun 16, 2011 2:17am
Quoting Callisto
No idea what is going on there, I just put it on a new chart and they still work for me.

Try doing that, open a plain chart with nothing else on it and see what happens; anyone at all get them to work?

I thought I actually found them on this thread while I was reading it
hey Callisto, have tried everything. must be my computer, thanks for the help.
evohttp://www.forexfactory.com/images/icons/icon9.gif
  • #5,514
  • Jun 16, 2011 2:59am Jun 16, 2011 2:59am
someone else?
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  • #5,515
  • Jun 16, 2011 3:00am Jun 16, 2011 3:00am
Quoting dean
cheers mate
These are the thresholds I use:

Slope Threshold: 4.5
Bounce Threshold: 3.0
Bounce Min Slope: 3.8
Bounce Max Distance: 2

Don't thank me though, thank Plamen he created it.
  • #5,516
  • Jun 16, 2011 3:11am Jun 16, 2011 3:11am
Hi Everybody
Did you find any setup to enter trade today

arashed
  • #5,517
  • Jun 16, 2011 3:14am Jun 16, 2011 3:14am
couple of duff setups, nothing much waiting till my next 4Hr candle in 45 mins
  • #5,518
  • Jun 16, 2011 3:15am Jun 16, 2011 3:15am
Quoting arasheed
There are so many systems on various Forums which seem to be attractive & good for trading, but the the real point to ponder is which system enables YOU to pull the trigger at right time and eliminate your hesitency and really make you active!
This Trading Made Simple is really good to give you confidence and in result success.

arasheed
Hey Arasheed

your post really resonated with me as my biggest problem is hesitating and not pulling the trigger! I can honestly say that most setups I spot work(8 or 9 out of 10) but I dont take them a lot of the time because of hesitating. Now I know that this is a function of confidence and experience but it takes time to develop.

Kal
  • #5,519
  • Jun 16, 2011 3:16am Jun 16, 2011 3:16am
Quoting 2scoops
These are the thresholds I use:

Slope Threshold: 4.5
Bounce Threshold: 3.0
Bounce Min Slope: 3.8
Bounce Max Distance: 2

Don't thank me though, thank Plamen he created it.
Hi 2scoops. What does the HA info signify?
  • #5,520
  • Jun 16, 2011 3:19am Jun 16, 2011 3:19am
first bit is the candle size, the other two are candle wick length.
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