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Monitor for 'Trading Made Simple' system 565 replies

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

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Trading Made Simple

  • #5,641
  • Jun 17, 2011 11:06am Jun 17, 2011 11:06am
What a great week made a ton of pips with very few losses. Looking forward to next week.
Have a great weekend all
  • #5,642
  • Jun 17, 2011 11:45am Jun 17, 2011 11:45am
Quoting tmax
what is the arrow indicator called?????
Tmax page #366 post#5486
  • #5,643
  • Jun 17, 2011 12:13pm Jun 17, 2011 12:13pm
Nice Week All! Some good pips Have a good weekend and keep on pippen!
  • #5,644
  • Jun 17, 2011 12:26pm Jun 17, 2011 12:26pm
Quoting PipsyRussell
Tmax page #366 post#5486
thanks for the post i downloaded thwm but them dont seem to work for me either must be the charting system perhaps


Thanks Pat
  • #5,645
  • Jun 17, 2011 12:30pm Jun 17, 2011 12:30pm
Quoting tmax
thanks for the post i downloaded thwm but them dont seem to work for me either must be the charting system perhaps


Thanks Pat
Don't forget to put the Traders_Dynamic_Index.mq4 in the chart as well, that did it for me at least.
  • #5,646
  • Jun 17, 2011 12:40pm Jun 17, 2011 12:40pm
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....


what broker charts are you using with the arrows cant seem to make them work on my charts????
  • #5,647
  • Jun 17, 2011 12:41pm Jun 17, 2011 12:41pm
Quoting homerus
Don't forget to put the Traders_Dynamic_Index.mq4 in the chart as well, that did it for me at least.


oh ok i'll give that a shot then Thanks
  • #5,648
  • Jun 17, 2011 12:47pm Jun 17, 2011 12:47pm
Quoting tmax
oh ok i'll give that a shot then Thanks

nope still no arrows it will show pass arrows doesnt it or does it start with the next crossing after putting it on the charts???/


Pat
  • #5,649
  • Jun 17, 2011 1:00pm Jun 17, 2011 1:00pm
Quoting tmax
oh ok i'll give that a shot then Thanks
Homerous id that indicator in this thread somewher and I missed it?
  • #5,650
  • Jun 17, 2011 1:04pm Jun 17, 2011 1:04pm
Ignor that last post. time to quit. Dah getting dopey. I have it TDI
  • #5,651
  • Jun 17, 2011 2:04pm Jun 17, 2011 2:04pm
Quoting milicentfx
talked w big e yesterday...not doing so well....please kep him in your prayers
Wish him the best. There's lots of pips waiting for him when he's better
Thank you Big E for your generosity in sharing the system. I've only started to demo trade it but can see it's a very powerful system.
  • #5,652
  • Jun 17, 2011 2:08pm Jun 17, 2011 2:08pm
Just curious, does anyone hold 4HR chart trades over the weekend or do you close out all positions (profitable or not) Friday at 5?
  • #5,653
  • Edited 2:21pm Jun 17, 2011 2:10pm | Edited 2:21pm
When you enter the trade, use the last swing High/Low as your emotional Stop Loss not a hard stop... Problem with hard stops is...well, they get hit..Just keep an eye on it to make sure if it is just a spike, or rebounce. Make sure with this stop you are not risking more than %2 of your account. Very very rare, that once an entry signal is there, that the trade will change direction so quickly.. There will be signs that direction has changed, before it even hits your SL. The only way to be this safe is when you use 4 hour or longer time frames.. Just check your charts every 4-5 hours, you will be just fine..My 2 cents
  • #5,654
  • Jun 17, 2011 2:33pm Jun 17, 2011 2:33pm
Quoting Lain
Just curious, does anyone hold 4HR chart trades over the weekend or do you close out all positions (profitable or not) Friday at 5?
i dont think is a wise decision because of brokers manipulation and natural disaster that can happen anytime.So be careful
We Win Some, We Loose Some, But Let your Win Rates be More to be Successful
  • #5,655
  • Jun 17, 2011 2:55pm Jun 17, 2011 2:55pm
Quoting adeforex
i dont think is a wise decision because of brokers manipulation and natural disaster that can happen anytime.So be careful
Thanks, that was kind of what I assumed, but wanted to make sure that's what others trading this systems were doing also.

Hope everyone had a good week trading. Have a great weekend!
  • #5,656
  • Jun 17, 2011 5:17pm Jun 17, 2011 5:17pm
one time a couple of years ago, i believe it was the ej, opened down about 200 pips on Sunday as compared to Friday...( gulp)....
  • #5,657
  • Jun 17, 2011 6:20pm Jun 17, 2011 6:20pm
Quoting tmax
thanks for the post i downloaded thwm but them dont seem to work for me either must be the charting system perhaps


Thanks Pat
I could not make the arrows work for me either...
build a better future. ForexNation dot Org
  • #5,658
  • Jun 18, 2011 1:22am Jun 18, 2011 1:22am
Quoting erickva
I could not make the arrows work for me either...

Sorry to ask, but do you really need another indicator to see a TDI cross?
Just trying to understant the logic behind this.
Regards
Indicators always obey Price, not the other way.
  • #5,659
  • Jun 18, 2011 3:48am Jun 18, 2011 3:48am
Review some charts.
Took a long at the first candle of the cross. Moved my SL to BE when i went to bed.
Hate to see things like this, but this happens. Maybe moved my SL to BE but ok. It's all about reducing risk. Next week a lot of new opportunities

Good weekend all.
Attached Image (click to enlarge)
Click to Enlarge Name: eur usd 4h cross1.jpg Size: 163 KB
  • #5,660
  • Jun 18, 2011 3:58am Jun 18, 2011 3:58am
Quoting maxtrader
Sorry to ask, but do you really need another indicator to see a TDI cross?
Just trying to understant the logic behind this.
Regards
Just because they look cool, don't they?
build a better future. ForexNation dot Org
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