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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 system follower - Thanks to eelfranz 9 replies

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Trading Made Simple

  • #6,461
  • Jun 29, 2011 9:08am Jun 29, 2011 9:08am
Quoting PipsyRussell
I like the EU, Buy the rumor sell the news, but I have 2 hours till my 4 hour closes. missed the hour as I chose to sit the news out.
2hrs till mine close too. Pity missing such a move. I'm just gonna move with the signals
  • #6,462
  • Jun 29, 2011 10:08am Jun 29, 2011 10:08am
Quoting geobull
what do you think eurjpy 4hour short signal?
Yes looks like all the jpy pairs have moved well, the eurjpy is looking ok on my charts still have 1 hour to close, if it doesn't close as a strong candle i will wait for the next 4h to close.

Also looking at:
gbpjpy
eurgbp
usdjpy

Pity the chfjpy is counter trend, would have been good.
Good trading all
  • #6,463
  • Jun 29, 2011 10:45am Jun 29, 2011 10:45am
Rcwso i received your PM but don't know how to attach pdf's to a PM so here it is. This was posted a while ago by someone on this thread.
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File Type: pdf Trading made simple.pdf   70 KB | 1,349 downloads
  • #6,464
  • Jun 29, 2011 10:46am Jun 29, 2011 10:46am
Quoting bez3000
Rcwso i received your PM but don't know how to attach pdf's to a PM so here it is. This was posted a while ago by someone on this thread.
Got it. Much appreciated. I will read and post questions later.

Cheers.
  • #6,465
  • Jun 29, 2011 11:04am Jun 29, 2011 11:04am
Todays trades:

GBPCHF -- +95.8 PIPS
GBPCHF +46.4
GBPCHF -- MINUS 58.7 PIPS

So total +83 pips today


Thanks everyone
  • #6,466
  • Jun 29, 2011 11:44am Jun 29, 2011 11:44am
Quoting ssaqeel
Todays trades:

GBPCHF -- +95.8 PIPS
GBPCHF +46.4
GBPCHF -- MINUS 58.7 PIPS

So total +83 pips today


Thanks everyone
Good trading mate
  • #6,467
  • Jun 29, 2011 11:44am Jun 29, 2011 11:44am
CJ Sell
UJ Sell
UC Buy
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: uj.gif Size: 20 KB
Click to Enlarge Name: uc.gif Size: 19 KB
  • #6,468
  • Jun 29, 2011 11:50am Jun 29, 2011 11:50am
ssaqueel.... Congrats
Attached Image
  • #6,469
  • Jun 29, 2011 11:55am Jun 29, 2011 11:55am
Big E, glad you are up to getting online. Don't over do it .
Read the entire thread BEFORE you ask questions!
  • #6,470
  • Jun 29, 2011 11:56am Jun 29, 2011 11:56am
dryclean,

Enter trades at the beginning of candles... not the end...
  • #6,471
  • Jun 29, 2011 11:59am Jun 29, 2011 11:59am
Johnami... thanks buddy....
  • #6,472
  • Jun 29, 2011 12:04pm Jun 29, 2011 12:04pm
Quoting eelfranz
Johnami... thanks buddy....
Glad to see you back on this thread
Trade responsiblypatience is the key/Swing trader
  • #6,473
  • Jun 29, 2011 12:15pm Jun 29, 2011 12:15pm
Welcome back Big E!! Hope you're feeling better.
  • #6,474
  • Jun 29, 2011 12:23pm Jun 29, 2011 12:23pm
Quoting eelfranz
Johnami... thanks buddy....
Wuts up Big E
  • #6,475
  • Jun 29, 2011 12:25pm Jun 29, 2011 12:25pm
Quoting eelfranz
dryclean,

Enter trades at the beginning of candles... not the end...
eelfranz,

Can you elaborate on that please? I have been following this thread for some time and an active participant on another thread here in FF. I have read your thread and posts/pdf but am still confused on which candle to enter on. I understand that you enter on the open of a candle but which candle? I have read some say the 1st, 2nd etc but can you clarify?

I posted a chart below with some examples of which candle to enter on.
Basically I pointed to candles that I think are valid set ups and entries but which one of each is what I am wondering. Some are the first, some are the second. Can someone point out which opening candle I should use for entry?

The way I understand and see it happening is that a TDI cross happens during a candle. The confirmation will happen at the open of the next candle. If I enter at the opening of the candle where the cross originates right at that candle it may not close that way throughout the 4 hour time. It seems that I must wait for the opening of the next candle to confirm that the cross of the TDI actually happened. Correct?

Thanks for the help.
Attached Image (click to enlarge)
Click to Enlarge Name: Simple Entry EU.JPG Size: 83 KB
  • #6,476
  • Jun 29, 2011 12:35pm Jun 29, 2011 12:35pm
Big E,

Thanks for the great system. I've been trading this system for a few months now with up-and-down success. I follow the rules of entering on the first candle using both the 1H and 4H TF's. I constantly struggle with my entries. I enter the trade and it drastically runs against me almost every time. Would it be wise for me to look at the 15M chart to pick my entries after I see the cross of the TDI on the longer term charts? Any feedback would be appreciated.

P.S. Hope you are feeling better.

Thanks
  • #6,477
  • Jun 29, 2011 12:37pm Jun 29, 2011 12:37pm
Good to see you back BigE
  • #6,478
  • Jun 29, 2011 12:38pm Jun 29, 2011 12:38pm
follow the signal and enter.
Attached Image (click to enlarge)
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  • #6,479
  • Jun 29, 2011 12:57pm Jun 29, 2011 12:57pm
Quoting FTimeForex
Big E,

Thanks for the great system. I've been trading this system for a few months now with up-and-down success. I follow the rules of entering on the first candle using both the 1H and 4H TF's. I constantly struggle with my entries. I enter the trade and it drastically runs against me almost every time. Would it be wise for me to look at the 15M chart to pick my entries after I see the cross of the TDI on the longer term charts? Any feedback would be appreciated.

P.S. Hope you are feeling better.

Thanks
Why not take the 4h and nothing else? do some backtesting and you will see a lot of good trades. 15m chart is way to noise for most people.
  • #6,480
  • Jun 29, 2011 1:16pm Jun 29, 2011 1:16pm
Quoting Thierry
Why not take the 4h and nothing else? do some backtesting and you will see a lot of good trades. 15m chart is way to noise for most people.

Thierry,

I'm starting to find that the 4H is the way to go for me. Do you use S/L's and if so how many pips do you typically set for them? Thanks for the reply Thierry. I appreciate your response.
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