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Trading Made Simple

  • #8,381
  • Jul 19, 2011 1:54am Jul 19, 2011 1:54am
Quoting Ash Flash
Hello dcginc

I really like the super clean template and the addition of the Baseline in the TDI you use.

I have tried to search for the boxes that you use to delineate each trading day however i am having trouble finding them?

Could you please enlighten me as to the name of the indicator so i can search it out?

Additionally anybody else that is aware of the name or indicator, please feel free to chime in.

Thanks in advance

Regards

Ash
One of the best right here on FF, loads of features, be sure to read the HELP file, you could make it look just like dgcinc and much, much more

First Page - Daily Boxes-Lines indicator @ Forex Factory
OPPORTUNITY IS NOWHERE
  • #8,382
  • Jul 19, 2011 2:42am Jul 19, 2011 2:42am
"Page not found" for the above link.
Good Trading
  • #8,383
  • Jul 19, 2011 2:48am Jul 19, 2011 2:48am
Any one See any setups for tonight?
  • #8,384
  • Jul 19, 2011 2:50am Jul 19, 2011 2:50am
Cheers Bary.
  • #8,385
  • Jul 19, 2011 2:54am Jul 19, 2011 2:54am
Anybody else in?

comments on this entry will be very much appreciated!

Hope the chart appears
Attached Image (click to enlarge)
Click to Enlarge Name: chart 1.gif Size: 29 KB
  • #8,386
  • Jul 19, 2011 2:56am Jul 19, 2011 2:56am
Quoting PreetEnzo
Any one See any setups for tonight?
AU,H1 just had a bounce.
Good Trading
  • #8,387
  • Jul 19, 2011 3:03am Jul 19, 2011 3:03am
Quoting TraderDC
For all who are in USDCAD just a word of caution : 0.96100 is the weekly pivot point.
You got it spot on man
I was completely unaware of it

Please keep them coming
Thanks
  • #8,388
  • Jul 19, 2011 3:49am Jul 19, 2011 3:49am
Quoting Del boy
Anybody else in?

comments on this entry will be very much appreciated!

Hope the chart appears
Yes i am in this trade, it's the only one i have at the moment.
  • #8,389
  • Jul 19, 2011 3:52am Jul 19, 2011 3:52am
Did anyone take GBPJPY short this morning on 1H. Text book entry as far as I'm concerned. Good angle down, higher TF agreement, entry on 2nd candle, stoch looking good .... and a got Stopped out. SL set to previous swing high and waited for the break of 127.00
Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 57 KB
  • #8,390
  • Jul 19, 2011 4:05am Jul 19, 2011 4:05am
Quoting Pips Queak
Did anyone take GBPJPY short this morning on 1H. Text book entry as far as I'm concerned. Good angle down, higher TF agreement, entry on 2nd candle, stoch looking good .... and a got Stopped out. SL set to previous swing high and waited for the break of 127.00
It was perfect entry except timing as London was still closed.
  • #8,391
  • Jul 19, 2011 4:10am Jul 19, 2011 4:10am
Quoting PreetEnzo
Any one See any setups for tonight?
There were perfect setups on H1 charts one hour after London open such as EURUSD long, GBPUSD long, AUDUSD long, NZDUSD long, EURJPY long, GBPJPY long.
  • #8,392
  • Jul 19, 2011 4:18am Jul 19, 2011 4:18am
Quoting Pips Queak
Did anyone take GBPJPY short this morning on 1H. Text book entry as far as I'm concerned. Good angle down, higher TF agreement, entry on 2nd candle, stoch looking good .... and a got Stopped out. SL set to previous swing high and waited for the break of 127.00
If it was on the 4h i would take trades like this.
But even the most perfect entries can fail.
You need to accept that, the only thing that helped me to accept these losers is/was backtesting.

I backtest this:
Pair, date of trade, time of trade, long or short, entry, SL and TP (based on ATR, still backtesting with 1:1 1:2 1:3 2:2 and 2:3), Result, time in trade (very important) type of trade (cross or bounce).
  • #8,393
  • Jul 19, 2011 4:33am Jul 19, 2011 4:33am
I may enter enter some more if I get some clear entry signals.

Attached Image (click to enlarge)
Click to Enlarge Name: ws1.gif Size: 82 KB


I'm trading this system since July 5. My account has increased by 170%

Attached Image
  • #8,394
  • Jul 19, 2011 4:35am Jul 19, 2011 4:35am
Quoting Thierry
If it was on the 4h i would take trades like this.
But even the most perfect entries can fail.
You need to accept that, the only thing that helped me to accept these losers is/was backtesting.

I backtest this:
Pair, date of trade, time of trade, long or short, entry, SL and TP (based on ATR, still backtesting with 1:1 1:2 1:3 2:2 and 2:3), Result, time in trade (very important) type of trade (cross or bounce).
Looking forward for your backtesting results.

Thanks
  • #8,395
  • Jul 19, 2011 4:44am Jul 19, 2011 4:44am
Quoting itsam
Looking forward for your backtesting results.

Thanks
That will be in august or something, tomorrow i am go to spain for a holiday
But however, the best thing is to backtest for yourself, its an eyeopener.
  • #8,396
  • Jul 19, 2011 4:45am Jul 19, 2011 4:45am
Quoting bez3000
Yes i am in this trade, it's the only one i have at the moment.
Hi Bez3000,

You said before TDI range for H4 is Above 50 Sell and Below 50 buy. Is it same for H1 as well. If so AUD/USD is not a valid setup. I am i missing something?

Thank you
  • #8,397
  • Jul 19, 2011 4:56am Jul 19, 2011 4:56am
Quoting Thierry
If it was on the 4h i would take trades like this.
But even the most perfect entries can fail.
You need to accept that, the only thing that helped me to accept these losers is/was backtesting.

I backtest this:
Pair, date of trade, time of trade, long or short, entry, SL and TP (based on ATR, still backtesting with 1:1 1:2 1:3 2:2 and 2:3), Result, time in trade (very important) type of trade (cross or bounce).
I don't have a problem with losers, but I reckon I'm at about 50/50 win/loss ratio which naturally makes me look at losers more closely to see what I'm doing wrong.

1 hour before London open probably wasn't the best time in hindsight.
  • #8,398
  • Jul 19, 2011 5:23am Jul 19, 2011 5:23am
Quoting netwatchpips
Hi Bez3000,

You said before TDI range for H4 is Above 50 Sell and Below 50 buy. Is it same for H1 as well. If so AUD/USD is not a valid setup. I am i missing something?
You are right, however what I see is the move is a continuation of an upmove formed well below the 50. (ie it's not a reversal of a down move above the 50) Also resistance seems some way off at say 1.0740 to 1.0750.
Good Trading
  • #8,399
  • Jul 19, 2011 5:33am Jul 19, 2011 5:33am
Quoting netwatchpips
Hi Bez3000,

You said before TDI range for H4 is Above 50 Sell and Below 50 buy. Is it same for H1 as well. If so AUD/USD is not a valid setup. I am i missing something?

Thank you
Sorry i should have explained, i do not trade the 1H TF only 4H so my entry was based on the 4H signal which fell below the 50.
Hope this helps.
  • #8,400
  • Jul 19, 2011 5:34am Jul 19, 2011 5:34am
USDCHF and EURJPY seem stuck at weekly pivot point.

USDCHF : 0.8200
EURJPY : 112.128

Possible downward move coming up.
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