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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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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

  • #7,881
  • Jul 12, 2011 10:47am Jul 12, 2011 10:47am
Quoting asw
hi eelfranz,

thanks for sharing this nice trading stratergy.

Could you tell me the pairs you trade using this system.

Many thanks
asw
eurusd, usdchf, gbpusd, usdcad, audusd, usdjpy, gbpjpy, eurjpy
  • #7,882
  • Jul 12, 2011 10:54am Jul 12, 2011 10:54am
Quoting FTimeForex
My stop loss is set according to the rules at the last swing low for a long trade. It should have plenty of room to breath no doubt. My entries just seem to lack greatly. I want to improve this aspect of it.
From MT4 trading platform, activate the chart you want to take a pic of, click file, save picture as, I go to my desktop and save it there...

From the forum here, click "Manage Attachments", then click browse and browse to your desktop, select the new image file and click ok, then click upload...
  • #7,883
  • Jul 12, 2011 10:55am Jul 12, 2011 10:55am
Quoting FTimeForex
My stop loss is set according to the rules at the last swing low for a long trade. It should have plenty of room to breath no doubt. My entries just seem to lack greatly. I want to improve this aspect of it.

then you should not panic,if your stop loss is ok, dont panic if you are 25 pips down and please do not close your position if you have won only 25 pips either, let it run specially if you are on 4 hour charts, prices dont go straight up or straight down, they keep like floating with ups and downs but moving in one direction. After a large cnadle usually price make a retracement before start to trend again.
Indicators always obey Price, not the other way.
  • #7,884
  • Jul 12, 2011 10:58am Jul 12, 2011 10:58am
Quoting geoffgjones
My charts will not post either. A box comes up with "enter the location of your image file" and askes for a http:// type address. I copy the real address, C:..... but does not work!
That's because you are clicking on the wrong item - scroll down and click the MANAGE ATTACHMENTS, follow the prompts

Noobs check this out

http://www.forexfactory.com/userguide.php

You have the ability to attach different file types in your posting, including image files, text documents, zip files, etc. To attach a file to a new post, simply click the [Manage Attachments] button at the bottom of the post composition page. From here, click the 'Browse' button to select the file that you want to attach from your local hard drive, and click 'Upload' to attach your file to the post.

After posting, the image attachments will display a thumbnail. To view the full contents of the attachment (if it is not already displayed) simply click the filename link that appears next to the attachment icon.
OPPORTUNITY IS NOWHERE
  • #7,885
  • Jul 12, 2011 11:01am Jul 12, 2011 11:01am
I just want to thanks to Big E for the method, again!
Took 185 live pips from the market between EURNZD and GBPUSD!



Ps: I also want to say thanks to all the members that continuously contribute to the thread in a very positive way!
  • #7,886
  • Jul 12, 2011 11:01am Jul 12, 2011 11:01am
Quoting Keltset
From MT4 trading platform, activate the chart you want to take a pic of, click file, save picture as, I go to my desktop and save it there...

From the forum here, click "Manage Attachments", then click browse and browse to your desktop, select the new image file and click ok, then click upload...
compared to that, trading is easy, well simple anyway
OPPORTUNITY IS NOWHERE
  • #7,887
  • Jul 12, 2011 11:04am Jul 12, 2011 11:04am
Just took these trades on 4h charts. Please comment if possible.
Attached Image (click to enlarge)
Click to Enlarge Name: trades 01.gif Size: 35 KB
  • #7,888
  • Jul 12, 2011 11:04am Jul 12, 2011 11:04am
Quoting maxtrader
then you should not panic,if your stop loss is ok, dont panic if you are 25 pips down and please do not close your position if you have won only 25 pips either, let it run specially if you are on 4 hour charts, prices dont go straight up or straight down, they keep like floating with ups and downs but moving in one direction. After a large cnadle usually price make a retracement before start to trend again.

Thanks MaxTrader, great advice. Hopefully over time I will be able to improve on my entries.
  • #7,889
  • Jul 12, 2011 1:42pm Jul 12, 2011 1:42pm
Quoting Callisto
compared to that, trading is easy, well simple anyway
lol

Quoting RogerVF
Just took these trades on 4h charts. Please comment if possible.
I'm still in AU, GU, and EU - Locked in a small portion of profits on all three- - - Missed the boat on UC....

Took a bath on GBP/CHF lol... I think it was a bad trade to begin with tho.. :/ Win some loose some...
  • #7,890
  • Jul 12, 2011 2:19pm Jul 12, 2011 2:19pm
Took the N/U long...will see
  • #7,891
  • Jul 12, 2011 2:25pm Jul 12, 2011 2:25pm
Quoting Alianzer
Took the N/U long...will see
I think it's ranging so it will be awhile before you find out anything.
  • #7,892
  • Jul 12, 2011 3:20pm Jul 12, 2011 3:20pm
Went long on U/C. Every indicator has gone north except H4! Down 30pips. This is typical of my trading at the moment.

I am hanging on to this system by my finger nails, but still hopeful!
  • #7,893
  • Jul 12, 2011 3:34pm Jul 12, 2011 3:34pm
Quoting geoffgjones
Went long on U/C. Every indicator has gone north except H4! Down 30pips. This is typical of my trading at the moment.

I am hanging on to this system by my finger nails, but still hopeful!
Don't feel bad, I'm about where you are with this. I'm hanging on by a thread.
  • #7,894
  • Jul 12, 2011 3:38pm Jul 12, 2011 3:38pm
Quoting geoffgjones
Went long on U/C. Every indicator has gone north except H4! Down 30pips. This is typical of my trading at the moment.

I am hanging on to this system by my finger nails, but still hopeful!
im short in USD CAD 4H TF
  • #7,895
  • Jul 12, 2011 3:45pm Jul 12, 2011 3:45pm
Just wanted to say thank you to everyone who contributes to BigE's simple method!!

I am still learning, but have had 6 straight days of profits:-

23 trades, 17 winners, 6 losers = 74% winning trades, for 42% profit in 6 days.. On my LIVE ACCOUNT!

Awesome! Still learning

Will
"It always seems impossible until it is done" Nelson Mandela
  • #7,896
  • Jul 12, 2011 3:59pm Jul 12, 2011 3:59pm
Quoting 0Bid
im short in USD CAD 4H TF
This is a great thread. Keep up the good work!

I am also short the UC on the 4hr....

Lionsden
  • #7,897
  • Jul 12, 2011 4:02pm Jul 12, 2011 4:02pm
Quoting RogerVF
Just took these trades on 4h charts. Please comment if possible.
They look pretty good to me. The EURUSD was the third candle, though the first candle was small, and so some TMS traders are willing to go in on the third.

I went short on USDCAD (currently at -7 pips) and long on GBPUSD (currently at -30 pips) at 9am PT this morning. Both H4 TF.
  • #7,898
  • Jul 12, 2011 4:10pm Jul 12, 2011 4:10pm
Hey Gents,

I trade this system exactly like Eelfranz has laid it out!!!

Everytime I out think myself and add indicators (other indicators,
fib lines, pivots, things that look very pretty as in the guppy
system, etc.) I lose money.

Every time that I stick with exactly the system as laid out and learn
how to trade the system I make lot's of money!!!

Learn this system exactly as laid out by Eelfranz and drop all the
other stuff and you'll do great. You have to have confidence in yourself
and the system. Learn to live and die with this system as laid out
on page #1 and you'll be able to retire soon. If you keep fooling
with the system who knows when you'll be able to retire (maybe
never).

So...gents that's the real secret to this system...

snarlyjack
  • #7,899
  • Jul 12, 2011 4:13pm Jul 12, 2011 4:13pm
Quoting lionsden
This is a great thread. Keep up the good work!

I am also short the UC on the 4hr....

Lionsden
I'm also short UC on 4HR
  • #7,900
  • Jul 12, 2011 4:15pm Jul 12, 2011 4:15pm
Cheers for that, snarlyjack. Thanks to everyone, even those that are short on Usd Cad like me!

Geoff
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