Dislikeddon't know probable due to time difference, i am in UK.
Just noticed so are you , i am using FXCM charts.Ignored
i am using duka and fxdd at the same time, just trying diff things out, and both shows the indicators precise
Trading Made Simple the right way, and other trading lessons 333 replies
Monitor for 'Trading Made Simple' system 563 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
Dislikeddon't know probable due to time difference, i am in UK.
Just noticed so are you , i am using FXCM charts.Ignored
Dislikedhello Lain
Do you mind to tell me what time of the day you start to trade and the time you stop? I had some good run with this TMS but now not so good. I think it could be the time I am trading. demo only for nowIgnored
DislikedHi babnz48,
I'm only started demoing 2 weeks ago. But I only trade 4hr bars and my 4hr bars start at 12am, 4am, 8am, 12pm, 4pm, 8pm EST. (From what i've seen most peoples are 1am, 5am, 9am, 1pm, 5pm, 9pm EST, but from the backtesting I did I like the results from my bars better).
And I trade all the bars, so I do wake up twice a night to check for setups and exit trades if needed.
From what I've seen, if I enter a trade late in the afternoon, it will be realitively flat until the London session and then pop. But maybe I've just been lucky...Ignored
DislikedI want to say thank you to all that contributed to the development of this system. it has been wonderful. Attached is my trade setup, indicators and trades so far. 100% hit. I expect some losses though soonest.
The system is not fool proof as i have found. Sometimes i get hooked up in drawdown especially when trading with 4h but it often get back later in favor.
Big E has been helpfull with his comments.Ignored
Dislikedwould your next 4h bar be in about 3 hours correct? your time now around 5pmIgnored
DislikedI use OmniTrader, I use eSignal as my FX data feed and OmniTrader directly connects to MB Trading to place trades.Ignored
Dislikedthank you I have a feeling that the time I am trying to trade may not be the best. would the open/start of your first bar of the London session be about one hour after the London open. ?
Thanks for your timeIgnored
DislikedMy 12am EST bar is 3hrs before the London open
My 4am EST bar is 1hr after London open
My 8am EST bar is when NY opens. But the major news doesn't come out until 8:30am EST, so I can easily close my positions before major news.
But so far I haven't found news to have a major affect on 4hr bars. But I know there's always a chance.Ignored
DislikedI want to say thank you to all that contributed to the development of this system. it has been wonderful. Attached is my trade setup, indicators and trades so far. 100% hit. I expect some losses though soonest.
The system is not fool proof as i have found. Sometimes i get hooked up in drawdown especially when trading with 4h but it often get back later in favor.
Big E has been helpfull with his comments.Ignored
DislikedSounds about right to me, only you can enter on the first or second candle after the cross.Ignored
DislikedI want to say thank you to all that contributed to the development of this system. it has been wonderful. Attached is my trade setup, indicators and trades so far. 100% hit. I expect some losses though soonest.
The system is not fool proof as i have found. Sometimes i get hooked up in drawdown especially when trading with 4h but it often get back later in favor.
Big E has been helpfull with his comments.Ignored
DislikedWoke this morning to the following charts:
euraud = +37
gbpaud = +90
nzdjpy = +70
nzdusd = +60
usdcad = +70
TOTAL = + 327
I love this way of trading, thanks BigEIgnored
DislikedWoke this morning to the following charts:
euraud = +37
gbpaud = +90
nzdjpy = +70
nzdusd = +60
usdcad = +70
TOTAL = + 327
I love this way of trading, thanks BigEIgnored
DislikedWell done,
I did notice that the chart looked more precise entry, when i checked those entries with my chart, it wasn't very clear, however if you drag it horizondally it becomes more clear.
have you taken this chart for the sake of picture or do you trade in this size, if so where do you keep the Stochastic indi, and do you close the accounts terminal and put it on full screen and divide in to 2 halfs one for tdi and other for candles.
cheersIgnored
Dislikedvery trading can you tell us what time you placed the trades please.Ignored
DislikedHi yes i trade this size and i don't use stochastics so i have more roomIgnored