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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

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Trading Made Simple

  • #8,321
  • Jul 18, 2011 8:18am Jul 18, 2011 8:18am
Quoting Rcwso
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.

You guys are kidding right? I hope you are...
  • #8,322
  • Jul 18, 2011 8:23am Jul 18, 2011 8:23am
Hi guys! Following this thread from day 1 and really like it!
What I came to... It really shouldn't be taken blindly....
Just example... From right now...
Took this 1H trade... look now how it popped up 20 pips on news and is stalled at resistance 1.4080...
So... closed it...
Attached Image (click to enlarge)
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  • #8,323
  • Jul 18, 2011 8:24am Jul 18, 2011 8:24am
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.
OH, EM, GEEE !!!!!!!!!

Short Euro and remaining that way. That's just the way it is !
  • #8,324
  • Jul 18, 2011 8:28am Jul 18, 2011 8:28am
Quoting The7
You guys are kidding right? I hope you are...
It is difficult to type sarcasm. Yes, I am kidding.
  • #8,325
  • Jul 18, 2011 8:29am Jul 18, 2011 8:29am
First successful trade of the session. Setup was TDI bounce <50 occuring close to psych level, small 15 pip target.

Took a stop on a failed antecipated entry on USDCAD using M15 earlier.

I see some people considering TDI<50 for long, other are doing the exact opposite (same for short). Am I getting something wrong?
Attached Image
  • #8,326
  • Jul 18, 2011 8:38am Jul 18, 2011 8:38am
uchf 1H coming soon? from the top of the range?
What do U think?
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  • #8,327
  • Jul 18, 2011 8:45am Jul 18, 2011 8:45am
Quoting alesha77
uchf 1H coming soon? from the top of the range?
What do U think?
Nice to keep an eye on it, but crossing conditions are very important if you´re considering the setup as Eelfranz stated originally. So wait for a strong candle (big body, none or very small upper wick) and a nice slope on the cross.
  • #8,328
  • Jul 18, 2011 8:49am Jul 18, 2011 8:49am
Quoting RogerVF
Nice to keep an eye on it, but crossing conditions are very important if you´re considering the setup as Eelfranz stated originally. So wait for a strong candle (big body, none or very small upper wick) and a nice slope on the cross.
Thanx... I'll be watching for...
  • #8,329
  • Jul 18, 2011 9:06am Jul 18, 2011 9:06am
Quoting jusiur
please take a look at the clock, green had good angle. Am I missing something?
from my previous post 7775

uff, it´s good to know that I´m not the only one who have this kind of problems reading this "vital & famous" angle, especially with two clicks less than the maximum zoom. Unfortunately some do not understand this limitation and were me categorized as a "super noob . . ."
Rcwso, vbmark. agree with you.
Humble & Kalcker CLO2 = Covid killer
  • #8,330
  • Jul 18, 2011 9:06am Jul 18, 2011 9:06am
TDI cross has occured, but I dont like how the PA is developing....
So will wait...
Thanx Roger
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  • #8,331
  • Jul 18, 2011 9:16am Jul 18, 2011 9:16am
EChf H1 and GChf H1 look the same...
Maybe next hour..?
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: gchf60.gif Size: 17 KB
  • #8,332
  • Jul 18, 2011 9:32am Jul 18, 2011 9:32am
Quoting alesha77
EChf H1 and GChf H1 look the same...
Maybe next hour..?
Yes, and there's some divergence going on. You can see it particularly on the GBPCHF chart. If it starts to dip soon, price will have made a lower high while TDI will have shown a higher high - possibly indicating weakness in the pair. Worth watching.
  • #8,333
  • Jul 18, 2011 9:39am Jul 18, 2011 9:39am
Quoting alesha77
EChf H1 and GChf H1 look the same...
Maybe next hour..?
@Alesha: Beware of those trades. They might jsut be a trap. You are just about selling into a strong support.

GbpChf has already formed a double bottom on H4.
  • #8,334
  • Jul 18, 2011 9:41am Jul 18, 2011 9:41am
Hi all - considering a short on EUR/chf watching the next hour candle, plus am I right to consider that flat bottomed candle (i am london gmt the 14:00 candle) relevant to a probable short. Thanks in advance wm
Sleeping boys catch no fish
  • #8,335
  • Jul 18, 2011 9:48am Jul 18, 2011 9:48am
Entered as a bounce trade. not the greatest setup nor the healthiest candle to enter, but now +80 pips... ( I only took 20 of those... )
Attached Image
  • #8,336
  • Jul 18, 2011 9:51am Jul 18, 2011 9:51am
Quoting bishopdotun
@Alesha: Beware of those trades. They might jsut be a trap. You are just about selling into a strong support.

GbpChf has already formed a double bottom on H4.
OK... I see... But there's about 80 pips to the bottom... If it will pass 1.3100
  • #8,337
  • Jul 18, 2011 9:56am Jul 18, 2011 9:56am
Quoting vbmark
Is that eelfranz Clocks a real indicator? Where can I get that please?

Attachment
VB,

You can PM if you want. I have discipline problems so need something like this for training. I'm not a great coder so I just added some code I got from somewhere and modified...kinda ugly. Since MQL code used not valid in a script, had to put in indicator so I just added to TDI indicator.

Again, this is just something that makes it easier for me at this point. Not meant to be permanent for against Big E keep it simple rules.

Rand
  • #8,338
  • Jul 18, 2011 10:00am Jul 18, 2011 10:00am
Anyone got into this?

USDCAD:Long
Attached Image (click to enlarge)
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  • #8,339
  • Jul 18, 2011 10:02am Jul 18, 2011 10:02am
Quoting bishopdotun
Anyone got into this?

USDCAD:Long
Yes i am in this trade.
  • #8,340
  • Jul 18, 2011 10:06am Jul 18, 2011 10:06am
Quoting pippete
Entered as a bounce trade. not the greatest setup nor the healthiest candle to enter, but now +80 pips... ( I only took 20 of those... )
Well done Pippete, I didn't see that setup at all but was really bored watching paint dry and did the same trade when it bounced off the 1.6100 figure. Not a TMS trade at all for me but a 5 min double top. Only set a 15 pip stop and just closed for +78.
Short Euro and remaining that way. That's just the way it is !
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