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Simple Simon Balance Line Trading

  • #781
  • Jun 20, 2011 7:32am Jun 20, 2011 7:32am
Quoting jrushing
guys i keep hearing about all these guys that want to complain that this does not work or will not work, ..Granted I have been trading a long time and understand fibo levels, candle sticks and pinbars better than most. I was in the 70% percent win/loss ratio before reading this post and now I am in the low 90% win/loss. By following the rules and watching the charts, profit can be made by anyone.

This is what was made today
Good on ya. Obviously we are all more intelligent than the AI computers. LOL
Happy trading all. Titch
  • #782
  • Jun 20, 2011 7:33am Jun 20, 2011 7:33am
Guys, checkout eur/usd 1 H TF, crossing the balance line strongly.
  • #783
  • Jun 20, 2011 7:36am Jun 20, 2011 7:36am
Quoting southbeach
Guys, checkout eur/usd 1 H TF, crossing the balance line strongly.
Thanks southbeach I will wait for it to break this mornings high first though as it is pretty close. Good observation mate
Happy trading all. Titch
  • #784
  • Jun 20, 2011 7:42am Jun 20, 2011 7:42am
Quoting jrushing
guys i keep hearing about all these guys that want to complain that this does not work or will not work, ..Granted I have been trading a long time and understand fibo levels, candle sticks and pinbars better than most. I was in the 70% percent win/loss ratio before reading this post and now I am in the low 90% win/loss. By following the rules and watching the charts, profit can be made by anyone.

This is what was made today
Great trading!
Happy trading all. Titch
  • #785
  • Edited 7:52am Jun 20, 2011 7:48am | Edited 7:52am
Quoting Titch
Hi Rick

As I said the other day Rick with the right tools you could be back home with your family sooner than you thin my friend and doing what I do. Enjoying life
I hope this helps mate
Neil
You Steal my thoughts, my Friend ! I thought of saying this a couple days ago but have been overwhelmed by time-consuming headaches...most of the time.

Yes, Colo, thanks for the thread and you won't have to wait for long to get back home !

For the first time I find myself among a groupd of thinking Traders !

I first caught this method from Dennis but I used it on big TFs only. Colo gave the confidence that it can be profitable on small TFs - Hr -also ! That he noticed it goes to his credit and out gain ! I admit I saw the "profitability" but did not "dare" ! This fear has been chased away by Colo. Thanks again .
It can be done with simple tools as Colo has shown !

Re. Your Remarks about the Book - I got it y-day and took a look - I think Bill has made it unnecessarily complicated. I have known about Bill's work for a long time since Tom Peter's first wrote on Chaos Theory but did not pay much attetion as trading is certainly not rocket science !


Anyway, no point in nitpicking, let us get hold of a good system and make money ! Happy Pipping to all.
  • #786
  • Jun 20, 2011 7:57am Jun 20, 2011 7:57am
Not currently on Skype - but I do MSN messenger chat only - can't video due to low bandwidth - not on messenger until 1400 GMT.

I am taking off 5 days starting this wednesday to test this theory full time like you and jrushing. I KEEP missing the golden setups and then find myself "PIP hunting" afterward.

There were 4 trades to start the day that I missed, had I taken them I could potentially be up 400 pips today alone. But I missed them all except for the EURUSD (got +45 pips). Broke even on GBPUSD, GBPJPY, USDJPY and just lost EURUSD (-42 pips) up 3 pips for the day.

I'll be on messenger starting from about 1430 GMT. I'll PM you my username

Quoting Titch
Sorry mate I also meant to say that is only one way to trade it with your system. There are quite a few ways to trade it with your balance but i'll have to skype you and show you another few nifty tricks with it. Are you on skype?
  • #787
  • Jun 20, 2011 8:02am Jun 20, 2011 8:02am
Quoting jrushing
guys i keep hearing about all these guys that want to complain that this does not work or will not work, ..Granted I have been trading a long time and understand fibo levels, candle sticks and pinbars better than most. I was in the 70% percent win/loss ratio before reading this post and now I am in the low 90% win/loss. By following the rules and watching the charts, profit can be made by anyone.

This is what was made today
That's great! some people can't do something and they tell us we can't do it! they can't admit there are successful traders and they are making a living trading forex full time including traders in this tread! and soon we will all become one of them too : ). keep up the good work.

Regards,
  • #788
  • Jun 20, 2011 8:07am Jun 20, 2011 8:07am
You will notice that I will block anyone for posting ANYTHING negative in this thread.

I won't even give 1 warning to abusers, because I already have made several warnings to "Know it all's and Naysayers" You will be blocked!

From here on out - if it's negative even a little bit, I will ban!

So LET them be negative - just do it from outside our little bubble!

Quoting southbeach
That's great! some people can't do something and they tell us we can't do it! they can't admit there are successful traders and they are making a living trading forex full time including traders in this tread! and soon we will all become one of them too : ). keep up the good work.

Regards,
  • #789
  • Jun 20, 2011 8:09am Jun 20, 2011 8:09am
Quoting Colostarr
Not currently on Skype - but I do MSN messenger chat only - can't video due to low bandwidth - not on messenger until 1400 GMT.

I am taking off 5 days starting this wednesday to test this theory full time like you and jrushing. I KEEP missing the golden setups and then find myself "PIP hunting" afterward.

There were 4 trades to start the day that I missed, had I taken them I could potentially be up 400 pips today alone. But I missed them all except for the EURUSD (got +45 pips). Broke even on GBPUSD, GBPJPY, USDJPY and just lost EURUSD...
Sorry mate not on MSM because I am on a mac

Are you on facebook? If not i'll try to put MSM on. I have got to pick my son up from school in a bit but the wife is out this evening. Is that any good for you? If no what about tomorrow?

Neil
Happy trading all. Titch
  • #790
  • Jun 20, 2011 8:13am Jun 20, 2011 8:13am
Quoting Colostarr
Not currently on Skype - but I do MSN messenger chat only - can't video due to low bandwidth - not on messenger until 1400 GMT.

I am taking off 5 days starting this wednesday to test this theory full time like you and jrushing. I KEEP missing the golden setups and then find myself "PIP hunting" afterward.

There were 4 trades to start the day that I missed, had I taken them I could potentially be up 400 pips today alone. But I missed them all except for the EURUSD (got +45 pips). Broke even on GBPUSD, GBPJPY, USDJPY and just lost EURUSD (-42...
By the way colostarr, that's what I am doing right now, I took off from work for a month since I am an independent contractor, so I can concentrate on my trading at all times. I am working on my bad habits and issues like stop loss and over trading. I don't have problem with strategies. Believe me, since I took off and I opened live account and was very serious about trading, I found out that the month I spending trading live account is worth the 2 years and half of experience I had trading demo account, and soon I will be doing it full time. Everything became very clear finally! Good luck!

regards,
  • #791
  • Jun 20, 2011 8:16am Jun 20, 2011 8:16am
Neil,
let me get the room and try to install skype. if I get it going, I'll let you know via PM.


Quoting Titch
Sorry mate not on MSM because I am on a mac

Are you on facebook? If not i'll try to put MSM on. I have got to pick my son up from school in a bit but the wife is out this evening. Is that any good for you? If no what about tomorrow?

Neil
  • #792
  • Jun 20, 2011 8:17am Jun 20, 2011 8:17am
Quoting southbeach
By the way colostarr, that's what I am doing right now, I took off from work for a month since I am an independent contractor, so I can concentrate on my trading at all times. I am working on my bad habits and issues like stop loss and over trading. I don't have problem with strategies. Believe me, since I took off and I opened live account and was very serious about trading, I found out that the month I spending trading live account is worth the 2 years and half of experience I had trading demo account, and soon I will be doing it full time. Everything...
As the saying goes. Weather you think you can or weather you think you can't you are probably right. Believe you can and you will. You can all do this just believe in you system and more importantly YOURSELF!
Happy trading all. Titch
  • #793
  • Jun 20, 2011 8:18am Jun 20, 2011 8:18am
Too right you are. For me more than anything, I havent been able to trade this method as regularly as i want to because work JUST KEEPS GETTING IN THE WAY. I want to be able to sit and watch the charts from the privacy of my room, and trade interruption free just to see what it must be like!

Quoting southbeach
By the way colostarr, that's what I am doing right now, I took off from work for a month since I am an independent contractor, so I can concentrate on my trading at all times. I am working on my bad habits and issues like stop loss and over trading. I don't have problem with strategies. Believe me, since I took off and I opened live account and was very serious about trading, I found out that the month I spending trading live account is worth the 2 years and half of experience I had trading demo account, and soon I will be doing it full time. Everything...
  • #794
  • Jun 20, 2011 8:18am Jun 20, 2011 8:18am
Quoting Colostarr
Neil,
let me get the room and try to install skype. if I get it going, I'll let you know via PM.
Look forward to Rick
Happy trading all. Titch
  • #795
  • Jun 20, 2011 8:30am Jun 20, 2011 8:30am
Triggered in:
NZDUSD :Stop at BE
EURGBP: Stop at BE
AUDUSD: Stop at BE

Maybe between now and the time I go to the room the PIP gods will smile upon me! Otherwise - it's +3 pips for the day!
  • #796
  • Jun 20, 2011 8:31am Jun 20, 2011 8:31am
Oh yeah forgot USDCAD: stop at BE

Quoting Colostarr
Triggered in:
NZDUSD :Stop at BE
EURGBP: Stop at BE
AUDUSD: Stop at BE

Maybe between now and the time I go to the room the PIP gods will smile upon me! Otherwise - it's +3 pips for the day!
  • #797
  • Jun 20, 2011 8:33am Jun 20, 2011 8:33am
Typical, I knew it would stop at this mornings high. Sat here watching it playing with me!
Happy trading all. Titch
  • #798
  • Jun 20, 2011 8:34am Jun 20, 2011 8:34am
1 down 3 to go: EURGBP stopped at BE

Quoting Colostarr
Oh yeah forgot USDCAD: stop at BE
  • #799
  • Jun 20, 2011 8:34am Jun 20, 2011 8:34am
Actually Titch - I've got this morning's high broken!

Quoting Titch
Typical, I knew it would stop at this mornings high. Sat here watching it playing with me!
  • #800
  • Jun 20, 2011 8:35am Jun 20, 2011 8:35am
Got to go and pick my son up from school now, catch you all in a bit
Happy trading all. Titch
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