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Monitor for 'Trading Made Simple' system 565 replies

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Trading Made Simple

  • #6,041
  • Jun 22, 2011 4:14am Jun 22, 2011 4:14am
I didn't mean it like that, there's nothing wrong with taking 20 trades per week, I was just stating that comment because I cant even find 1 over the last 24 hours, sorry boredom is getting to me

take as many trades as you can as long as they fit into your method and tick all your tick boxes and carry all the made pips in a black bag home with you
  • #6,042
  • Jun 22, 2011 4:18am Jun 22, 2011 4:18am
Quoting xp3000
I didn't mean it like that, there's nothing wrong with taking 20 trades per week, I was just stating that comment because I cant even find 1 over the last 24 hours, sorry boredom is getting to me

take as many trades as you can as long as they fit into your method and tick all your tick boxes and carry all the made pips in a black bag home with you
What tf and broker do you use for charting? I understand that you are borred of waiting, waiting, but that is trading.
Thats the problem with small accounts, waiting for a trade with a profit/lose of 10 bucks is hard.
  • #6,043
  • Jun 22, 2011 4:19am Jun 22, 2011 4:19am
Quoting geobull
anyone can post his real account statment who use this system?
Just trade the system. Even when people make money with a system, there are people who are losing.
Just trade the system and post some of your trades.
There are great people here to help you.
  • #6,044
  • Jun 22, 2011 4:23am Jun 22, 2011 4:23am
Quoting Thierry
What tf and broker do you use for charting? I understand that you are borred of waiting, waiting, but that is trading.
Thats the problem with small accounts, waiting for a trade with a profit/lose of 10 bucks is hard.
I'm using ig index and 4hr tf, yeah i lost over £3k by not waiting and being stupid with MM (I wasn't using this system) so i took a break and came back now using this system and making sure I don't do the errors I done last time.

good things come to those who wait - well ill keep telling myself that
  • #6,045
  • Jun 22, 2011 4:37am Jun 22, 2011 4:37am
This is something i am watch for the next hour, 4h close.
Attached Image (click to enlarge)
Click to Enlarge Name: chf jpy waiting next candle.jpg Size: 143 KB
  • #6,046
  • Jun 22, 2011 4:38am Jun 22, 2011 4:38am
Quoting ceebs
...Getting out at -15 to see it pull back to -16 and then move in your favour is a killer.
Do you typically look for another trade, or try to re-enter?
Oh yes, I love it when that happens!

I'll keep an eye on the pair yes, in case it presents a good bounce opportunity - but not be tempted to just jump in again. Re-entry must be as per TMS system rules. It's very easy to become convinced you're right and try to get back in at any opportunity. Another great thing about this system is that it prevents that kind of mentality from affecting your trading decisions.
  • #6,047
  • Jun 22, 2011 4:51am Jun 22, 2011 4:51am
now wait eurusd and eurjpy 1hour short signals. if close these bars same as now is i open short.
Attached Image (click to enlarge)
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  • #6,048
  • Edited 5:14am Jun 22, 2011 4:55am | Edited 5:14am
Recently, i left my original set ups (following major trends trading bounce and momentum signals) on 4 hr charts by trading the 1hr chats when testing some indicators. I had 2 straight loses because i was counter trending even though it was a good set ups, and couldnt monitor some trades and cope with it. Now i want to go back strictly to my original template on 4 hr chats ( to join thierry, 2scoops and the rest of us that loves 4 hr tf) that skied rocket my account recently, so that i can have enough room to breathe again. And also know the long performance of this system. But i see this nice set -ups on 1 hr=eurusd am tempted to take it , and i will in some minutes time for possible last swing ratio 1:1, because it looks promising. Lets see the result.
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We Win Some, We Loose Some, But Let your Win Rates be More to be Successful
  • #6,049
  • Jun 22, 2011 4:57am Jun 22, 2011 4:57am
I have attached a strategy to apply with this method. It is self explanatory and may be useful to someone. I have left it in Word format in case someone wants to manipulate for their own purposes. (wrote it on the plane..)
Attached Image (click to enlarge)
Click to Enlarge Name: die_aud_die.2gif.gif Size: 14 KB
Attached File(s)
File Type: doc BigE strategy V.10.doc   13 KB | 1,535 downloads
  • #6,050
  • Jun 22, 2011 4:58am Jun 22, 2011 4:58am
any body took trade on GU? it was great down run....
Trade responsiblypatience is the key/Swing trader
  • #6,051
  • Jun 22, 2011 5:03am Jun 22, 2011 5:03am
i took eurusd and eurjpy shorts.
  • #6,052
  • Jun 22, 2011 5:05am Jun 22, 2011 5:05am
one question i'd like to ask what main charts do you guys watch?
  • #6,053
  • Jun 22, 2011 5:08am Jun 22, 2011 5:08am
Quoting Incrediblle
any body took trade on GU? it was great down run....
I did, also the gbp jpy.

Now i am short c/j and a/u and long u/c
  • #6,054
  • Jun 22, 2011 5:08am Jun 22, 2011 5:08am
i use for entry 1h but also look 4hour for confirmation trend.
  • #6,055
  • Jun 22, 2011 5:19am Jun 22, 2011 5:19am
How is Eelfranz doing, I haven't seen him for awhile.
  • #6,056
  • Jun 22, 2011 5:58am Jun 22, 2011 5:58am
I shorted Aud/Usd about an hour ago, 1.0574, bouncing around atm
  • #6,057
  • Jun 22, 2011 6:12am Jun 22, 2011 6:12am
Just came across this thread last night. Went through a bunch of it and was just wondering if anyone has put together an email/audio alert to tell you when a potential setup is happening?
  • #6,058
  • Jun 22, 2011 6:16am Jun 22, 2011 6:16am
Quoting Incrediblle
any body took trade on GU? it was great down run....
Yes I took it and then sat watching Tv came back to 30 pips should have stayed and got more but 30 in the bag is better than 30 out it I guess
  • #6,059
  • Jun 22, 2011 6:18am Jun 22, 2011 6:18am
Plamen's TDI

http://www.forexfactory.com/showthread.php?p=4710405

alerts you when there's a cross (of a configurable angle) somewhere around a 4.5 seems to be spot on. I love this indicator.
  • #6,060
  • Jun 22, 2011 6:33am Jun 22, 2011 6:33am
what you guys think about the G/U currently? do you think it has hit the lowest & is now starting to go back on a upward tend depending on the news later this afternoon with the USD?
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