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Simple Simon Balance Line Trading

  • #541
  • Jun 16, 2011 7:50am Jun 16, 2011 7:50am
Please limit these questions to private message only. This thread is for the Simple Simon method only. The only MA is the blue line - see post #1 for direction

Quoting antonsatu
Hi Jrushing,

What MA are you using on your chart?

Thank you and regards,
Anton
  • #542
  • Jun 16, 2011 7:51am Jun 16, 2011 7:51am
Dont Know Brother, I been around a while, I just do not post or recommend much until I have a chance to go thru it myself and test it live and for real.

I am a Electrical Engineer, and now a full time trader. Been all over the world in 84 countries, now I am lucky enough to be able to trade and travel with my wife and enjoy the little things in life more often.

I have bought plenty of programs, hired forex guru's, and read about 50 books on the subject and have never seen the results I have seen here. You certainly made me more confident in my trading skills.

I have seen certain variations of this, but the way you have explained it is so close to perfect for me to understand as well as I would think others.

Bless you brother.



Quoting Colostarr
WOW! A great big thank you for that contribution jrushing! I knew it was powerful - but not THAT powerful - fantastic post brother thank you for the compliment!

Where do I know your user name from??
  • #543
  • Jun 16, 2011 7:56am Jun 16, 2011 7:56am
I agree guys, this is Colostarr thread not mine, he has and can explained this system better than anyone. I am just glad I came across it. it has surely helped me in my trading. I will NOT openly go against or change his system...........period. Listen to him he knows what he is talking about. above all RESPECT his rules.


Quoting Colostarr
Please limit these questions to private message only. This thread is for the Simple Simon method only. The only MA is the blue line - see post #1 for direction
  • #544
  • Jun 16, 2011 8:00am Jun 16, 2011 8:00am
7955 pips in profit since June 1st 2011 & still not on real account ? Who will be next to post 10,000 pips ? HA HA HA
  • #545
  • Jun 16, 2011 8:01am Jun 16, 2011 8:01am
This is EXACTLY the reason I love to share. I like it when I know my efforts have made a difference in someone's life. Glad to help

Now - If I could just make a difference in my own life - all would be good!

My GOAL is to get home to my daughter - been away for 6 years now. Time to go home.

With this method, and trading full lots, you could literally get away with risking 5%, trade FULL lots, and limit your exposure, while making a comfortable living. Not quite to full lots yet - but getting there, steadily!

My personal goal is $1M

Thank you for the awesome comments! I appreciate it!

Quoting jrushing
Dont Know Brother, I been around a while, I just do not post or recommend much until I have a chance to go thru it myself and test it live and for real.

I am a Electrical Engineer, and now a full time trader. Been all over the world in 84 countries, now I am lucky enough to be able to trade and travel with my wife and enjoy the little things in life more often.

I have bought plenty of programs, hired forex guru's, and read about 50 books on the subject and have never seen the results I have seen here. You certainly made me more confident in...
  • #546
  • Jun 16, 2011 8:02am Jun 16, 2011 8:02am
I appreciate that J! Thank you!

Quoting jrushing
I agree guys, this is Colostarr thread not mine, he has and can explained this system better than anyone. I am just glad I came across it. it has surely helped me in my trading. I will NOT openly go against or change his system...........period. Listen to him he knows what he is talking about. above all RESPECT his rules.
  • #547
  • Jun 16, 2011 8:02am Jun 16, 2011 8:02am
Quoting Phiksalamuk
Tiich, have you been triggered?

I've got my sell stop just below support at 0.8476.
Hi Phiksalamuk

Sorry I was checking my turtle trades.

I took the trade on the first close below. I was hoping there would be enough velocity to break support however when it didn't I cleared out just before ATR for 20pips. Have reset just below support again as I reckon we might get the bounce and this time break support.
Happy trading all. Titch
  • #548
  • Jun 16, 2011 8:08am Jun 16, 2011 8:08am
Yes, I think it's going to suffer to break 0.85 upward. If and when tired, we may have a nice move down...

Quoting Titch
Hi Phiksalamuk

Sorry I was checking my turtle trades.

I took the trade on the first close below. I was hoping there would be enough velocity to break resistance however when it didn't I cleared out just before ATR for 20pips. Have reset just below resistance again as I reckon we might get the bounce and this time break resistance.
  • #549
  • Jun 16, 2011 8:11am Jun 16, 2011 8:11am
EURCAD was a nice trade. I did not enter because of close resistance at 1.394. Price does not seem to care though.
  • #550
  • Jun 16, 2011 8:13am Jun 16, 2011 8:13am
Potential bounce USDCHF sell stop at .8475
  • #551
  • Jun 16, 2011 8:13am Jun 16, 2011 8:13am
Hi Colostarr ,

The EUR/GBP trade in water
  • #552
  • Jun 16, 2011 8:14am Jun 16, 2011 8:14am
EURGBP - 2nd trade 8 pips from stop loss - so much for hoping for another bounce here.

1st trade based on Daily cross still alive
  • #553
  • Jun 16, 2011 8:15am Jun 16, 2011 8:15am
Quoting Colostarr
Please limit these questions to private message only. This thread is for the Simple Simon method only. The only MA is the blue line - see post #1 for direction
I am sorry Colostarr.

Thank you
  • #554
  • Jun 16, 2011 8:16am Jun 16, 2011 8:16am
Just stopped out by my own currency! I'm moving abroad! LOL
Happy trading all. Titch
  • #555
  • Jun 16, 2011 8:17am Jun 16, 2011 8:17am
It's all good brother! no blood, no foul!

Quoting antonsatu
I am sorry Colostarr.

Thank you
  • #556
  • Jun 16, 2011 8:19am Jun 16, 2011 8:19am
My stop for the #2 bounce trade is just above a resistance line. my hope is it will hit the line (not my stop) and continue on downward - maybe give an opportunity for a #3 cross or bounce! We shall see. It is breaking the wrong way though isn't it?

Quoting Titch
Just stopped out by my own currency! I'm moving abroad! LOL
  • #557
  • Jun 16, 2011 8:22am Jun 16, 2011 8:22am
really??? you think so?

Quoting Ibz
7955 pips in profit since June 1st 2011 & still not on real account ? Who will be next to post 10,000 pips ? HA HA HA
  • #558
  • Jun 16, 2011 8:24am Jun 16, 2011 8:24am
Quoting Colostarr
My stop for the #2 bounce trade is just above a resistance line. my hope is it will hit the line (not my stop) and continue on downward - maybe give an opportunity for a #3 cross or bounce! We shall see. It is breaking the wrong way though isn't it?
Would be nice as we all know it might be going the wrong way at the moment but can always turn. Starting to now but I am going to avoid as it just seems to be flapping
Happy trading all. Titch
  • #559
  • Jun 16, 2011 8:26am Jun 16, 2011 8:26am
Your welcome, where are you stationed at?

Quoting Colostarr
This is EXACTLY the reason I love to share. I like it when I know my efforts have made a difference in someone's life. Glad to help

Now - If I could just make a difference in my own life - all would be good!

My GOAL is to get home to my daughter - been away for 6 years now. Time to go home.

With this method, and trading full lots, you could literally get away with risking 5%, trade FULL lots, and limit your exposure, while making a comfortable living. Not quite to full lots yet - but getting there, steadily!

My personal goal is $1M

Thank...
  • #560
  • Jun 16, 2011 8:31am Jun 16, 2011 8:31am
East Africa - Djibouti. Been a government contractor here since 2005. I'm tired and hungry as hell to get out here without fear of looking for work when I come home!

I miss my little girl and family badly. I have a personal goal with this trading thing, Once I get there I am pulling stakes and popping smoke -

Back to the Mountains of Colorado and my dirtbike!

Quoting jrushing
Your welcome, where are you stationed at?
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