Trading Made Simple | Page 361 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

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

Attachments: Trading Made Simple
Exit Attachments

Trading Made Simple

  • #7,201
  • Jul 6, 2011 3:41am Jul 6, 2011 3:41am
Quoting bollingerman
Hi

I also looked at this but did not take the trade due to the daily chart looks like a stronger short signal (it has hit a resistance area & th TDI has crossed downwards) - these are just my observations - I am still new to this system myself. I think you will have more success if you are trading the 4h in confirmation with the daily. (see attached dailly chart)
Bollinger is correct, strong short setup on daily, I'm in this one.
Attached Image (click to enlarge)
Click to Enlarge Name: shorteg.JPG Size: 123 KB
  • #7,202
  • Jul 6, 2011 3:53am Jul 6, 2011 3:53am
Quoting bollingerman
Hi

I also looked at this but did not take the trade due to the daily chart looks like a stronger short signal (it has hit a resistance area & th TDI has crossed downwards) - these are just my observations - I am still new to this system myself. I think you will have more success if you are trading the 4h in confirmation with the daily. (see attached dailly chart)
Is this a valid setup?
Attached Image (click to enlarge)
Click to Enlarge Name: EUR-JPY Daily.JPG Size: 76 KB
  • #7,203
  • Jul 6, 2011 4:01am Jul 6, 2011 4:01am
Quoting netwatchpips
Is this a valid setup?
I took this one myself last night, it looks ok (in profit at the moment) just be aware of the range its trading in 114.000 - 117.500

regards Craig
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.jpg Size: 134 KB
  • #7,204
  • Jul 6, 2011 4:15am Jul 6, 2011 4:15am
Quoting bollingerman
I took this one myself last night, it looks ok (in profit at the moment) just be aware of the range its trading in 114.000 - 117.500

regards Craig
hi can you post your SR indicator?
  • #7,205
  • Jul 6, 2011 4:20am Jul 6, 2011 4:20am
Quoting netwatchpips
Hi,

Anyone please give some suggestion on the below trade, I went with the rules still lost few pips. Am i missing something?
As a rule
1. Refresh the chart to see current state

2. Enter only after setup candle is closed


fun
  • #7,206
  • Jul 6, 2011 4:30am Jul 6, 2011 4:30am
Quoting Danyjoe
hi can you post your SR indicator?
I got the SR indicator from an earlier post in this thread...

here it is
Attached File(s)
File Type: ex4 SR.ex4   4 KB | 540 downloads
  • #7,207
  • Jul 6, 2011 4:32am Jul 6, 2011 4:32am
eurgbp sell +12
eurusd sell +20
eurchf sell -19
  • #7,208
  • Jul 6, 2011 5:19am Jul 6, 2011 5:19am
Quoting bollingerman
I got the SR indicator from an earlier post in this thread...

here it is
Thanks!

what do you think?

i saw:
good cross TDI
daily trend
RS
good candle(maybe someone long shadow.. it's a problem?)
maybe not strong red TDI in EURCHF..

some mistake?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Schermata 2011-07-06 a 12.07.52.png Size: 173 KB
Click to Enlarge Name: Schermata 2011-07-06 a 12.09.24.png Size: 173 KB
Click to Enlarge Name: Schermata 2011-07-06 a 12.12.34.png Size: 172 KB
  • #7,209
  • Jul 6, 2011 5:47am Jul 6, 2011 5:47am
Example of a losing trade.
Attached Image (click to enlarge)
Click to Enlarge Name: aud usd cross trade 4h fail.jpg Size: 159 KB
  • #7,210
  • Jul 6, 2011 5:58am Jul 6, 2011 5:58am
First try, first lose :'(

I have open sell after bounce.
http://img38.imageshack.us/img38/115...2011chfjpy.jpg
  • #7,211
  • Jul 6, 2011 6:13am Jul 6, 2011 6:13am
Quoting Thierry
Example of a losing trade.
I had my eye on that one Thierry. I didn't take it because of the strong short setup on daily.
  • #7,212
  • Jul 6, 2011 6:15am Jul 6, 2011 6:15am
Don't understand what you have done here:

  1. No TDI cross???
  2. You sold after a large down move??
  3. Price has not just crossed the MA???
  4. And your stop should be at the swing high meaning you are still in this trade??

Tell me if i am missing somthing please?

Quoting imperatorfr
First try, first lose :'(

I have open sell after bounce.
http://img38.imageshack.us/img38/115...2011chfjpy.jpg
  • #7,213
  • Jul 6, 2011 6:19am Jul 6, 2011 6:19am
Quoting imperatorfr
First try, first lose :'(

I have open sell after bounce.
http://img38.imageshack.us/img38/115...2011chfjpy.jpg

Hi Impera

I am not sure how long you have been trading this system. I am finding continuation trades (when green TDI bounces off red) difficult to pick. Also, if you are starting out with this system, I would suggest starting on the 4h TF.

Of course, there is no 100% system, but this is a good system. If you are having difficulties ask questions to the members in this thread, read Big E's posts as well as others such as Bez and the7 etc.

Good luck and hope you give this system a try.

Cheers
Ezzy
What you do is a reflection of you....what I do is a reflection of me.
  • #7,214
  • Jul 6, 2011 6:20am Jul 6, 2011 6:20am
Quoting Pecunia
I had my eye on that one Thierry. I didn't take it because of the strong short setup on daily.
You are right, i missed the Daily a little bit on this one. It was against the daily TDI trend.
Have lots of other trades at the moment, took some trades of the board and take the profit. Now have open 6 trades and see only 1 red at the moment.
I also follow since a very short time the daily with this method. Looks fine.
  • #7,215
  • Jul 6, 2011 6:36am Jul 6, 2011 6:36am
Quoting netwatchpips
Hi,

Anyone please give some suggestion on the below trade, I went with the rules still lost few pips. Am i missing something?
did you take at look at daily chart before to confirm trend ?
Humble & Kalcker CLO2 = Covid killer
  • #7,216
  • Jul 6, 2011 6:40am Jul 6, 2011 6:40am
Well, my EU short did well last night. Closed it out this am for +121, I had taken another position at 3:00am EST at 1.4419 as well which I closed out for +87.

That's it for me today. Going to go hang at the pool.....
  • #7,217
  • Jul 6, 2011 7:06am Jul 6, 2011 7:06am
I'm following this thread for a while now. Great job for big E introducing his trading style and this Simple system for us to follow. I'm trying to read the whole thread to activate myself more often, and trade as to the rules. It's not fair to post while person is not familiar with all the changes that came along with thread growing.
Presently on page 56. so please try to post less all of You, or I will not catch that last page for a whole year ....


See you all later...
Gutenberg money printing machine
  • #7,218
  • Jul 6, 2011 7:26am Jul 6, 2011 7:26am
Closed my EU bounce trade +55 as it is approaching big round number 1.4300

EG bounce trade is still open +22

Both H4 trades short on TDI bounce
Thanks E!
  • #7,219
  • Jul 6, 2011 7:35am Jul 6, 2011 7:35am
Quoting tsimic6
I'm following this thread for a while now. Great job for big E introducing his trading style and this Simple system for us to follow. I'm trying to read the whole thread to activate myself more often, and trade as to the rules. It's not fair to post while person is not familiar with all the changes that came along with thread growing.
Presently on page 56. so please try to post less all of You, or I will not catch that last page for a whole year ....


See you all later...
I read the whole thread myself, but to tell you the truth the first 50 pages are enough really to understand the rules and see some good and bad trades that people posted. If you continue to read you wil see some modifications to the TDI like a repainting one or a TDI with a funny purple tail an a lot of extra indicators, alarms etc. that just clutter you screen IMHO. I just use the original setup and even removed the stoch which works fine for me.

Doesn't hurt to read the whole thing offcourse but for the rules and some example trades the first 50 pages, basic forex knowledge and common sense should be enough to get you on track.

Hope this helps
  • #7,220
  • Jul 6, 2011 7:45am Jul 6, 2011 7:45am
Trying my luck again - this time with GU. Anybody else short?
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 131 KB
110 traders viewing now