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Trading Made Simple

  • #8,301
  • Jul 18, 2011 5:51am Jul 18, 2011 5:51am
Quoting geoffgjones
Well, followed the game, used the rules, but lost on both AUD and EUR today. Possibly my last loses using this system. Pity, as others seem to win, but it obviously does not suit me. Not much in trading here these days anyway, just discussion on the rules. Pity.

Cheers,

Geoff
Could you post a screen shot of the trades?
  • #8,302
  • Jul 18, 2011 5:53am Jul 18, 2011 5:53am
Quoting pipiness
Forethan,

1. Use the MA from the 'Indicators' list - not the 'Custom Indicators' list.

2. To keep it simple, close any other indicator boxes which you have open.

3. Click and drag the MA into the RSI indicator box.

4. When the MA menu box opens click on 'apply to', then from the drop down menu select 'First Indicator's data'.

It will then appear in the RSI box.
It is for jforex platform, not metatrader.
  • #8,303
  • Jul 18, 2011 6:01am Jul 18, 2011 6:01am
Quoting geoffgjones
Well, followed the game, used the rules, but lost on both AUD and EUR today. Possibly my last loses using this system. Pity, as others seem to win, but it obviously does not suit me. Not much in trading here these days anyway, just discussion on the rules. Pity.

Cheers,

Geoff
Geoff, what time frames and s/l did you use? Why not post your charts and let us have a look?
  • #8,304
  • Jul 18, 2011 6:01am Jul 18, 2011 6:01am
Quoting Forethan
It is for jforex platform, not metatrader.
OK, sorry, my mistake.
  • #8,305
  • Jul 18, 2011 6:05am Jul 18, 2011 6:05am
Quoting geoffgjones
Well, followed the game, used the rules, but lost on both AUD and EUR today. Possibly my last loses using this system. Pity, as others seem to win, but it obviously does not suit me. Not much in trading here these days anyway, just discussion on the rules. Pity.

Cheers,

Geoff
Geoff - I've just started following this system and I didn't see any decent trading possibilities this morning. There was no cross on the EURUSD or AUDUSD. Are you trading H4 bars or something lower?
  • #8,306
  • Jul 18, 2011 6:07am Jul 18, 2011 6:07am
Quoting pipiness
Geoff, what time frames and s/l did you use? Why not post your charts and let us have a look?
I don't see any trades to be honest. USDCHF 4H right now could be a possible for 25 pips until the next psych level but not sure ....
  • #8,307
  • Jul 18, 2011 6:16am Jul 18, 2011 6:16am
Quoting Randolermo
Cyddus, he's talking about when the Green line crosses the Red line on TDI indicator. For long positions going up, the angle needs to be between 12 & 2, for short, 4 & 6. I made a simple indicator (attached) on my graphs as a reminder until I get better.

Rand
Is that eelfranz Clocks a real indicator? Where can I get that please?

Attached Image
  • #8,308
  • Jul 18, 2011 6:17am Jul 18, 2011 6:17am
I would have taken the trade this morning. On the open of two bars ago there was a very nice looking bounce personally, also taking into account that The daily and weekly trend are down, would have taken a nice sell with 120 SL, TP1 120, TP2 240. Well thats my oppinion at least Entry prive would have been : 1.4069

Did'nt since I'm changing FX accounts so currently waiting for my acc to be activated.
  • #8,309
  • Jul 18, 2011 6:20am Jul 18, 2011 6:20am
the AUD/CHF looked tempting. Good angle and nice candle but didynt take it coz of the suport on the left and close to RN. Did anybody go in it?
  • #8,310
  • Jul 18, 2011 6:26am Jul 18, 2011 6:26am
Quoting Alianzer
the AUD/CHF looked tempting. Good angle and nice candle but didynt take it coz of the suport on the left and close to RN. Did anybody go in it?
No man not part of my portofolio.
  • #8,311
  • Jul 18, 2011 6:45am Jul 18, 2011 6:45am
Waiting to see if the AUDUSD (H4) gives a long cross in the next couple of hours. Possibly moving back up to last week's support around 1.0670.

Anyone else watching this pair? Thoughts appreciated as I'm new to this game :-)
  • #8,312
  • Edited 7:54am Jul 18, 2011 7:39am | Edited 7:54am
First trade of the week..Entered short 0.8740 with the break of the swing low (bounce of TDI), TP is the weekly support at at 0.8712. Made +28 pips. There is a long cross for the Euro but I refuse to take it for the obvious reason..
Attached Image (click to enlarge)
Click to Enlarge Name: eg.jpg Size: 96 KB
  • #8,313
  • Jul 18, 2011 7:56am Jul 18, 2011 7:56am
Quoting The7
First trade of the week..Entered short 0.8740 with the break of the swing low (bounce of TDI), TP is the weekly support at at 0.8712. Made +28 pips. There is a long cross for the Euro but I refuse to take it for the obvious reason..
Do you mind stating the obvious reason for those of us that it is not so obvious? I see that one on the 1Hr but don't see what it is so bad.
Thanks.
  • #8,314
  • Jul 18, 2011 7:58am Jul 18, 2011 7:58am
Quoting geoffgjones
Well, followed the game, used the rules, but lost on both AUD and EUR today. Possibly my last loses using this system. Pity, as others seem to win, but it obviously does not suit me. Not much in trading here these days anyway, just discussion on the rules. Pity.

Cheers,

Geoff
Geoff post your charts and let's see what happend.
  • #8,315
  • Jul 18, 2011 8:00am Jul 18, 2011 8:00am
Quoting vbmark
Is that eelfranz Clocks a real indicator? Where can I get that please?

Attachment
Has it really come to putting an indicator of a clock on our charts. Instead of attaching another indicator to my chart I look at the clock hanging on the wall in my house to remind me what 12-2 o'clock and 4-6 o'clock look like. I also just remember from back in kindergarten what clock looks like.

Just wondering.
  • #8,316
  • Jul 18, 2011 8:01am Jul 18, 2011 8:01am
Quoting Rcwso
Do you mind stating the obvious reason for those of us that it is not so obvious? I see that one on the 1Hr but don't see what it is so bad.
Thanks.
Well first of there is a strong fundamental reason for the Euro. Bad days are ahead for this currency because of the European crisis. Second, London will close in 3 hours so I dont believe there is enough volume to bring the currency up.
  • #8,317
  • Jul 18, 2011 8:03am Jul 18, 2011 8:03am
Quoting Rcwso
Has it really come to putting an indicator of a clock on our charts. Instead of attaching another indicator to my chart I look at the clock hanging on the wall in my house to remind me what 12-2 o'clock and 4-6 o'clock look like. I also just remember from back in kindergarten what clock looks like.

Just wondering.
I have a digital watch and a digital clock. I have a problem visualizing the angles. Seriously. I'm just not as talented as some people. Perhaps I am handicapped. Are you making fun of my disability?
  • #8,318
  • Jul 18, 2011 8:05am Jul 18, 2011 8:05am
Quoting pixelboy
Waiting to see if the AUDUSD (H4) gives a long cross in the next couple of hours. Possibly moving back up to last week's support around 1.0670.

Anyone else watching this pair? Thoughts appreciated as I'm new to this game :-)
Last weeks support is already broken. Once a S/R breaks the price will likely continue to the next S/R, not reverse...Instead of the long cross, I would wait for a short bounce. Be very very careful please...
  • #8,319
  • Jul 18, 2011 8:15am Jul 18, 2011 8:15am
Quoting The7
Well first of there is a strong fundamental reason for the Euro. Bad days are ahead for this currency because of the European crisis. Second, London will close in 3 hours so I dont believe there is enough volume to bring the currency up.
Understood. I was hoping it wasn't for some basic reason with the chart that I did not see. I took the 1 HR cross and grabbed a quick 25 pips and jumped out.

Thanks.
  • #8,320
  • Jul 18, 2011 8:17am Jul 18, 2011 8:17am
Quoting vbmark
I have a digital watch and a digital clock. I have a problem visualizing the angles. Seriously. I'm just not as talented as some people. Perhaps I am handicapped. Are you making fun of my disability?
Fair enough. Can someone make an indicator for those with digital watches to show the angle on a digital watch also? Maybe something that points tot he corner of the watch on the upper right and the lower right. Or, everyone should take some of the pips they are making from the system and buy an analog watch. Although, if you can't see the angle before you own one, use the indicator previously listed.

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