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Monitor for 'Trading Made Simple' system 565 replies

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

Indicators for the 'Trading Made Simple' system 343 replies

MTF Indicators for the 'Trading Made Simple' system 241 replies

Trading Made Simple system follower - Thanks to eelfranz 9 replies

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Trading Made Simple

  • #6,241
  • Jun 25, 2011 8:08am Jun 25, 2011 8:08am
Quoting hawaii5000
In answer to your questions above:
[list=1][*]You can stop reading now. The best, most pure instructions and insight into this system can be found in the first 50 pages.
Thanks i stoped the read after 110 pages, now continuing from here.[*]Hang in there, the system works. The market does work well in trending markets (like most do) and less well in choppy market conditions. Trading the first four hours in London and the first four hours in NY will give you the best of the market conditions most of the time.
[size="2"][b]Made...
I am sorry, i did try to take a look at the paperclip link and couldnt find any, i am not good at there, if you have the latest list of the important indicators pls share,
  • #6,242
  • Jun 25, 2011 8:28am Jun 25, 2011 8:28am
Quoting sadler
I am sorry, i did try to take a look at the paperclip link and couldnt find any, i am not good at there, if you have the latest list of the important indicators pls share,
The important indicators are shown on post #1. The rest of the indi's mentioned are add-ons by other members.
  • #6,243
  • Jun 25, 2011 10:26am Jun 25, 2011 10:26am
The problem with identifying ranging and choppy markets is, well, we cant identify them. Surely enough when we look at historical charts it is easy but we do not know if we are currently stalling. Besides, just by looking at your left of your screen and the current price does not mean price is not moving. Look at the chart below. Price is at the same point where it was a month ago. But boy we made good points..
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  • #6,244
  • Jun 25, 2011 10:36am Jun 25, 2011 10:36am
Quoting sadler
[size="3"]Thanks the7 for the insight, I do have a few clarifications , may be you or anyone could comment when free.
-while trading the 1hr chart as per the rules, lets say its 9.55am and the next candle forms in 5 mints , and as soon as the next candle shows up and the if the green crosed read and stoch confirm we enter the trade right. thats when we get the max profit i guess
- while entering a 1hr chart trade after all rules agreeing there is no need to check the 4hr chart ? to see if the trend is in the same direction.
-best time to trade...
You enter with the beginning of the new candle. Make sure it is the first or second same colored candle. If it is the third or more, BigE thinks we are too late.
I personally do not think that we need to check bigger time frames. Every time frame has its own trend. No matter if H4 shows long but a good short setup formed on H1. Will it harm you to check? Of course not, but what about the D1, W1, M1 charts etc...It goes and goes...
Best setups are formed before the London open, whatever time this is for you.
Keep your losses small...You will make it..
  • #6,245
  • Jun 25, 2011 11:17am Jun 25, 2011 11:17am
[quote=Callisto;4725448]First Page - GMMA Guppy 5m and 1m @ Forex Factory

First Page - Guppy GMMA in 3D @ Forex Factory

First Page - 1000+ MT4 Indicators ) @ Forex Factory

What up with thiose links, I find them by search but hwne I click them, comes up invalid?

Try this one more [url="http://www.forexfactory.com/First...[/quote]


All these links above are all dead links that goes nowhere, come on, there has to be a better way of getting these links live for every one to see at least.

Thanks
Born to rule my Economic World and Make a Difference!
  • #6,246
  • Jun 25, 2011 12:42pm Jun 25, 2011 12:42pm
Quoting sharemaster2
All these links above are all dead links that goes nowhere, come on, there has to be a better way of getting these links live for every one to see at least.

Thanks
Yes, not sure what happened there, just type GMMA in the search box above and you will find all the threads about GMMA; once you go to the first thread, look right down the bottom of that page and all GMMA related threads will have links there, all I was doing is try to help
OPPORTUNITY IS NOWHERE
  • #6,247
  • Jun 25, 2011 2:40pm Jun 25, 2011 2:40pm
Quoting The7
The originator is suggesting to put a Stop loss at the swing of the trend.
Mate i happen to have hard time understanding swing low/high for stop losses.
Making a humble request to post a chart and explaining the swing low/high for stop losses.
Regards.
  • #6,248
  • Jun 25, 2011 9:06pm Jun 25, 2011 9:06pm
Quoting hoodibaba
Mate i happen to have hard time understanding swing low/high for stop losses.
Making a humble request to post a chart and explaining the swing low/high for stop losses.
Regards.
How about using a FRACTAL? you do know what a fractal is, right?

There are indicators (sorry guys) that will plot them exactly for you as shown, in this case, you would use the HIGH as shown as the SWING point
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OPPORTUNITY IS NOWHERE
  • #6,249
  • Jun 25, 2011 9:38pm Jun 25, 2011 9:38pm
1.check the trend.
2.check the body of first or the seconf candle,long or short.
3.TDI angle,12-2,or 4-6.
4.follow the trend.
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  • #6,250
  • Jun 25, 2011 11:48pm Jun 25, 2011 11:48pm
Has anyone tried adding a Relative Stength indicator to this system and trading only strong vs weak to improve win/loss ratio???
thnx, Ron
  • #6,251
  • Jun 26, 2011 1:03am Jun 26, 2011 1:03am
Quoting sharemaster2
Hi buddy,

Wanted to know more about your trailing EA, can this EA only be used to set SL BE only. ie, you set it to move your stop lose to your enty point and some more pips like plus 3 or 4 pips. This covers spread.

I am looking for such an EA which also does not have nothing to do with your TP targets. Just an EA that only moves SL to Break even entry no more no less. Plain and Simple. Has nothing to do with taking profit or closing trades. Will like to us it with this TMS strategy.

Thanks
Haven't had a lot of time to even trade lately, but I have a "prototype" knocked up that trails by the last APB (with spread added for shorts).

Yes, it also has SBE+1 after specified pips profit.

Will post it when I've tested it.
  • #6,252
  • Jun 26, 2011 2:09am Jun 26, 2011 2:09am
Quoting DaveUK
OK, a bit more about that S/R & trading paralysis stuff we were talking about earlier. Two charts below. First one shows a possible trade entry point. (I've taken out the indicators as I don't want to get into a discussion about whether it's a good entry point or not. That's not the point.)

The red horizontal line shows yesterday's low. Potential support. So you see if that level has any history, so to speak. The second chart shows really clearly that this area has provided support and resistance a number of times in the past. EDIT: actually ignore...
Thats great stuff Dave. Thank you I really appreciate it.
  • #6,253
  • Jun 26, 2011 2:13am Jun 26, 2011 2:13am
Quoting 2scoops
I've re-read your post Callisto, I think I was a very harsh on you pal, I agree with your post - I thought you were having a general pop at BigE and his system, it seems you were merely pointing out some people on here are running round like headless chickens without first taking the time to study the system, sorry if I offended you. I'm going to take a step back from the thread for a while, I think i'm a bit frazzled from posting. I wish you all good luck and a great weekend. Someone PM when BigE is back.

Cheers
I would ask you stay with us 2scoops. Your input here is and has been very helpful to myself and I am sure many others. I also believe it is healthy to have trading partners. It adds others insight and stops complacency....stick with us.
  • #6,254
  • Jun 26, 2011 7:20am Jun 26, 2011 7:20am
Quoting ronemshoff
Has anyone tried adding a Relative Stength indicator to this system and trading only strong vs weak to improve win/loss ratio???
thnx, Ron
I believe TDI uses RSI already

Even though comprehensive, the T.D.I. is easy to read and use. |
//| |
//| Green line = RSI Price line |
//| Red line = Trade Signal line |
//| Blue lines = Volatility Band |
//| Yellow line = Market Base Line
  • #6,255
  • Jun 26, 2011 8:23am Jun 26, 2011 8:23am
I love you dear friends, Just got home from a 9 day hospital stay. Didn't eat at all, 1 1/2 hours sleep per night. 120 heart beat average... feel like a wrung out dish rag... talk soon... keep me in your prayers please.... blessings... Eric
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  • #6,256
  • Jun 26, 2011 8:27am Jun 26, 2011 8:27am
Quoting eelfranz
I love you dear friends, Just got home from a 9 day hospital stay. Didn't eat at all, 1 1/2 hours sleep per night. 120 heart beat average... feel like a wrung out dish rag... talk soon... keep me in your prayers please.... blessings... Eric
Eric,

It is said that what don't kill you,makes you stronger.
It is so with you in Jesus name.
You shall and will come out of this stronger and richer in Jesus name.
By His stripes you are healed. AMEN.

Peace.
It Is Well With My Soul..(Amen)
  • #6,257
  • Jun 26, 2011 8:37am Jun 26, 2011 8:37am
Hello Eric! i am glad that you are here and are better, thanks GOD. i hope you will be better and will trade with us buddy. Wish you all best with your health.
  • #6,258
  • Jun 26, 2011 8:44am Jun 26, 2011 8:44am
Quoting eelfranz
I love you dear friends, Just got home from a 9 day hospital stay. Didn't eat at all, 1 1/2 hours sleep per night. 120 heart beat average... feel like a wrung out dish rag... talk soon... keep me in your prayers please.... blessings... Eric

....
  • #6,259
  • Jun 26, 2011 9:15am Jun 26, 2011 9:15am
Big E, Hang in there bud, you can do it.


Hej.
  • #6,260
  • Jun 26, 2011 9:20am Jun 26, 2011 9:20am
Welcome back BigE, you have been missed.
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