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Monitor for 'Trading Made Simple' system 565 replies

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Trading Made Simple system follower - Thanks to eelfranz 9 replies

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Trading Made Simple

  • #6,941
  • Jul 4, 2011 12:45am Jul 4, 2011 12:45am
i think i missed those AUDUSD setup, its nice
i'll wait for other setup ...
  • #6,942
  • Jul 4, 2011 12:50am Jul 4, 2011 12:50am
Quoting geobull
was not bad entry audusd lets see other pairs what they will do eurusd. gbpusd, usdchf i think they also follow it
I'm also keeping my eye on USDCHF and EURJPY
  • #6,943
  • Jul 4, 2011 1:43am Jul 4, 2011 1:43am
Hey eelfranz! first post here! Have just started demoing this system with great anticipation. Your very generous to be sharing your time on this thread.

I've read through this thread a couple of times and the only thing that I'm wondering about is what 'demoreal' said in post 6914 (http://www.forexfactory.com/showthre...22#post4746822). He has described very well what I was thinking.

So is the changing of TDI cross to no TDI cross while the candle forms just one of the things that the system does... and since no system is perfect (but this comes close!) we should just forget about it? Just want to make sure I've got all the facts right.

Thanks in advance!
  • #6,944
  • Jul 4, 2011 1:48am Jul 4, 2011 1:48am
Quoting The7
First entry of the week. A very nice low risk, high return trade opportunity. I will be aiming for the Pivot Point for my TP, which brings my R:R to %1 risk, %8 Reward of my equity.
Wow that's a brave trade, i could not even consider trading against all the downward momentum, i hope it works out for you man
  • #6,945
  • Jul 4, 2011 1:51am Jul 4, 2011 1:51am
Quoting bez3000
Wow that's a brave trade, i could not even consider trading against all the downward momentum, i hope it works out for you man
can you answer me why was not good entry for audusd? all was valid
  • #6,946
  • Jul 4, 2011 1:52am Jul 4, 2011 1:52am
Quoting PreetEnzo
yea, come and join me.. i been short for about two hour
My first trade of the week and i am going you guys, short looks good to me.
  • #6,947
  • Jul 4, 2011 1:55am Jul 4, 2011 1:55am
When the aud news came out as really bad and we had a quick fall but no continuation I got the feeling that today may be a very difficult day to trade, combine that with US holiday and a bit of whip sawing right now it might be best just to preserve the gun powder until same time tomorrow.
  • #6,948
  • Jul 4, 2011 1:56am Jul 4, 2011 1:56am
Quoting geobull
can you answer me why was not good entry for audusd? all was valid
The comment you quoted was about USDCAD not AUDUSD.
I am short AUDUSD which i think is a good trade. Please recheck your quote, Thanks.
  • #6,949
  • Jul 4, 2011 1:56am Jul 4, 2011 1:56am
Quoting bez3000
My first trade of the week and i am going you guys, short looks good to me.
so 4 hour audusd was good short signal yes?
  • #6,950
  • Jul 4, 2011 1:59am Jul 4, 2011 1:59am
Quoting geobull
so 4 hour audusd was good short signal yes?
For my personnel trading plan yes it is good, but you need to learn to assess the trade for yourself.
  • #6,951
  • Jul 4, 2011 1:59am Jul 4, 2011 1:59am
Quoting bez3000
For my personnel trading plan yes it is good, but you need to learn to assess the trade for yourself.
OK. thanks
  • #6,952
  • Jul 4, 2011 2:12am Jul 4, 2011 2:12am
Ok here are my first three trades I hope I followed all the rules correctly. I've marked my entry candle with the white line. Appreciate any and all comments.

GBPUSD Long
USDJPY Short
GBPJPY Long
Attached Image(s) (click to enlarge)
Click to Enlarge Name: first trade.JPG Size: 205 KB
Click to Enlarge Name: second trade.JPG Size: 203 KB
Click to Enlarge Name: third trade.JPG Size: 209 KB
  • #6,953
  • Jul 4, 2011 2:41am Jul 4, 2011 2:41am
Quoting bez3000
The comment you quoted was about USDCAD not AUDUSD.
I am short AUDUSD which i think is a good trade. Please recheck your quote, Thanks.
Hi Bez

I am short on the aussie as well, a few pips down....but that's OK.
What you do is a reflection of you....what I do is a reflection of me.
  • #6,954
  • Jul 4, 2011 2:48am Jul 4, 2011 2:48am
Quoting Ezzy
Hi Bez

I am short on the aussie as well, a few pips down....but that's OK.
I will not watch this pair again for at least three hours i find it to hard to see them go against me. I think i made the trade according to my rules so what ever will be will be, mico managing my trades does not work for me (and i have to work as well).
Good Luck
  • #6,955
  • Jul 4, 2011 2:53am Jul 4, 2011 2:53am
Quoting bez3000
I will not watch this pair again for at least three hours i find it to hard to see them go against me. I think i made the trade according to my rules so what ever will be will be, mico managing my trades does not work for me (and i have to work as well).
Good Luck
I hear you mate!! I like the way you put it ....'micro' managing! I think I do a bit of that.

Time to go and play with the kids
What you do is a reflection of you....what I do is a reflection of me.
  • #6,956
  • Jul 4, 2011 2:54am Jul 4, 2011 2:54am
AUDUSD: I also made the short 2 hours ago, a couple of pips down.

GBPJPY: i also longed it, although its seems to be ranging a bit much for my liking
  • #6,957
  • Jul 4, 2011 3:56am Jul 4, 2011 3:56am
Might be a day for recharging the batteries - happy 4th of July to our USA buddys.
  • #6,958
  • Jul 4, 2011 4:24am Jul 4, 2011 4:24am
Quoting Ezzy
I hear you mate!! I like the way you put it ....'micro' managing! I think I do a bit of that.

Time to go and play with the kids
I agree...great way of putting it....I call it trade meddling....and it always ends in disaster if I start micro managing .
  • #6,959
  • Jul 4, 2011 4:43am Jul 4, 2011 4:43am
Anyone in on short eurgbp & eurjpy
  • #6,960
  • Jul 4, 2011 5:09am Jul 4, 2011 5:09am
The7 what pivot ind is that could you please post it? thank you and God bless
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