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Trading Made Simple

  • #9,901
  • Aug 14, 2011 7:01pm Aug 14, 2011 7:01pm
Quoting dean
TO be honest YES the news affects trading, but lately I have found it easier. This method tends to thrive in more volatile marrkets....which is why one of BigE's rules is to stay away form a flat tdi or ranging candles. Just make sure you are selecting your trades properly to avoid stops getting hit. AS i have constantly maintained....the secret to this method is not the tdi......we ALL get the tdi signal the same...the secret is your trade assessment....and only YOU can learn that for yourself. DOnt just blindly enter a trade because the tdi says...

Ok.. let me ask this a different way.

I think I will simplify this a bit...

This question is directed to those traders that have been trading for at least one year!

Now.. my question.

Since all the upheaval in the markets due to Eur debt issues and our own problems here in the USA as far as the deficit.. have you noticed trades just not working out like you thought they were, as apposed to working before all these issues started to come out in the past few months?!

Taking into account that all the rules are met.. and what not...

Any thoughts?

Thanks for all the great help..

Donovan
  • #9,902
  • Aug 14, 2011 7:43pm Aug 14, 2011 7:43pm
Quoting PipTheTrade
Ok.. let me ask this a different way.

I think I will simplify this a bit...

This question is directed to those traders that have been trading for at least one year!

Now.. my question.

Since all the upheaval in the markets due to Eur debt issues and our own problems here in the USA as far as the deficit.. have you noticed trades just not working out like you thought they were, as apposed to working before all these issues started to come out in the past few months?!

Taking into account that all the rules are met.. and what not...

Any...
I understand what it is you are asking. The fact is for a trading method to be solid it needs to ......along with the trader....adapt to different market conditions....the forex market is dynamic...you need to be as well, so if trades that were working out a year ago in different market conditions arent working out now you HAVE to have tha capbility to adapt to the new conditions. THis may just mean altering your SL's and TP's or tweaking your entries...but you need to move with the market....it is dynamic.
  • #9,903
  • Aug 14, 2011 7:56pm Aug 14, 2011 7:56pm
Quoting dean
I understand what it is you are asking. The fact is for a trading method to be solid it needs to ......along with the trader....adapt to different market conditions....the forex market is dynamic...you need to be as well, so if trades that were working out a year ago in different market conditions arent working out now you HAVE to have tha capbility to adapt to the new conditions. THis may just mean altering your SL's and TP's or tweaking your entries...but you need to move with the market....it is dynamic.
You're still not answering my question.. all your giving me is advice on how I should trade this market.. that's not what I'm asking. I'm asking if you have NOTICED any difference in the market since all this crap has been happening and what was the outcome of your trades.. if any, while using this system.

Thanks for the answers though.. much appreciated!


Donovan
  • #9,904
  • Aug 14, 2011 8:20pm Aug 14, 2011 8:20pm
Quoting PipTheTrade
You're still not answering my question.. all your giving me is advice on how I should trade this market.. that's not what I'm asking. I'm asking if you have NOTICED any difference in the market since all this crap has been happening and what was the outcome of your trades.. if any, while using this system.

Thanks for the answers though.. much appreciated!


Donovan
Not advice...just my view.
Of course I have noticed a difference. Your question in almost redundant because the market and market conditions are forever changing. Thats why its so hard. As I said, I find this method easier to trade when the market is volatile like this. And yes I have no doubt that the current fundamentals are the cause of it. I just try and select my trades better and not aim for such a high TP. The good thing about this method is you can simply use the tdi to exit.
But "all this crap" ALWAYS happens in the market...if its not one thing its another. This curent market may very well be the actual condition for the next ten years.
  • #9,905
  • Aug 14, 2011 8:35pm Aug 14, 2011 8:35pm
Quoting dean
Not advice...just my view.
Of course I have noticed a difference. Your question in almost redundant because the market and market conditions are forever changing. Thats why its so hard. As I said, I find this method easier to trade when the market is volatile like this. And yes I have no doubt that the current fundamentals are the cause of it. I just try and select my trades better and not aim for such a high TP. The good thing about this method is you can simply use the tdi to exit.
But "all this crap" ALWAYS happens in the market...if its...
This is the correct answer. "All this Crap" is always happening. There is always a crisis in the world somewhere. I have changed nothing in how I trade this system, and I have won well this month. That's my 2 cents..

FS
  • #9,906
  • Aug 14, 2011 9:08pm Aug 14, 2011 9:08pm
Quoting ForexSam
This is the correct answer. "All this Crap" is always happening. There is always a crisis in the world somewhere. I have changed nothing in how I trade this system, and I have won well this month. That's my 2 cents..

FS

Thx Sam,

This was exactly what I was looking for... insight into how your trades have been working in these markets of late. Thanks for the answer! Much appreciated.

I appreciate your answer as well Dean.

Thx guys... happy pipping!
  • #9,907
  • Aug 14, 2011 9:37pm Aug 14, 2011 9:37pm
Here is a challenge for all who say they are making money or Pips with this system. Post your trades as soon as you make them, including entry, SL,TP. Not hours later or when they might be in profit, that's called "Cherry Picking" this will keep everyone honest...

I beleive Eelfranz has good intentions in wanting to help others, but I do not believe this system works, There is a simple way for him and all others who claim they are making money to prove to all other followers on this thread that this works. Simply post a snap shot of your Real Live Brokerage statement (excluding acct # of course) or demo statement from 04/25/11 to this date of both open trades, and all close trades since that date.

If you believe in your system, and you claim that you need a "Bigger Wheel Barrow" every week, then you and all other should have no problem proving me wrong and showing all your followers that this works by doing the above...and please don't post an Equity curve, that does not take into account open trades...
  • #9,908
  • Aug 14, 2011 10:13pm Aug 14, 2011 10:13pm
  •  GT_Pips
  • | Joined Jun 2011 | Status: Dont hate what you dont understand. | 71 Posts
Quoting rocky
Here is a challenge for all who say they are making money or Pips with this system. Post your trades as soon as you make them, including entry, SL,TP. Not hours later or when they might be in profit, that's called "Cherry Picking" this will keep everyone honest...

[color=blue]I believe Eelfranz has good intentions in wanting to help others, but I do not believe this system works, There is a simple way for him and all others who claim they are making money to [b]prove to all other followers on this thread that...
We or more like "I" don't have to prove my honesty or anything to you or anyone else in this forum.
The system works for me and thats all I will say about it.

If I say I made so many pips on a trade.
Then you can believe it, or not.

One of the best things I like about trading, is i don't have to answer or prove anything to anyone but myself.

If you don't think the system works, then move on to a system thread that you do think works.
Perhaps the better question is how well is your current system working for you??

If your system is working for you and making you shit loads of money, then why you even poking around in this systems thread.

Stick with your own and don't worry about how big my wheel barrow is with this system.
He who wanders, never gets lost. No good deed goes unpunished.
  • #9,909
  • Aug 14, 2011 10:22pm Aug 14, 2011 10:22pm
Quoting deniyi
Hello everybody,

Am deniyi, I subscribed to this thread last week and really appreciate individual comments and contribution on thread. Please could any one tell me the best timeframe for this trading Method (Trading Made Simple),and advice where it is necessary
I mean seriously....you read this thread four days and you are still wondering what time frame to use....try the monthly maybe.
C'mon folks put SOME effort in before posting questions
  • #9,910
  • Aug 14, 2011 10:23pm Aug 14, 2011 10:23pm
Best answer to your question/s is that you try yourself and see the results and post it if you want to.

When one follow one system ,its one's own decision to trade using the system. if he/she profits/loose than its his own money .

As this system is for educational purpose and its not been sold like an commercial system. So proving or posting statements will not matter in any way.

If the system works for you then stay with it if not move out and be in a hunt for other one.

Atleast for me this system has given me lot of confidence in my trading decisions. again along with the system i use my common sense rules while entering the trade.



Quoting rocky
Here is a challenge for all who say they are making money or Pips with this system. Post your trades as soon as you make them, including entry, SL,TP. Not hours later or when they might be in profit, that's called "Cherry Picking" this will keep everyone honest...

[color=blue]I beleive Eelfranz has good intentions in wanting to help others, but I do not believe this system works, There is a simple way for him and all others who claim they are making money to [b]prove to all other followers...
  • #9,911
  • Aug 14, 2011 10:24pm Aug 14, 2011 10:24pm
Quoting dean
so bearing this in mind....and I think callisto touched on this....why is it not a better idea to use narmal candles for entry and switch to HA for the remainder of the trade?? what would be the negatives of this??
Hi Dean,

Regardless of what type of candles we use we still need to wait for the TDI to cross. If we try to enter any sooner we're just going to end up with a lot of TDI bounces and not much money.

I was just pointing out that the TDI and APB or HA candles are both indi's based on normal candles as apposed to the TDI reflecting what the HA candles are doing.
  • #9,912
  • Aug 14, 2011 10:38pm Aug 14, 2011 10:38pm
  •  GT_Pips
  • | Joined Jun 2011 | Status: Dont hate what you dont understand. | 71 Posts
Quoting XxLessoxX
I mean seriously....you read this thread four days and you are still wondering what time frame to use....try the monthly maybe.
C'mon folks put SOME effort in before posting questions
Why is people always looking for a "life hack" or a shortcut to something.
There is some lazy people.
If they take the time to read the very first thread post, they would know what time is recommended.
He who wanders, never gets lost. No good deed goes unpunished.
  • #9,913
  • Aug 14, 2011 10:43pm Aug 14, 2011 10:43pm
Quoting 33drifter
Hi Dean,

Regardless of what type of candles we use we still need to wait for the TDI to cross. If we try to enter any sooner we're just going to end up with a lot of TDI bounces and not much money.

I was just pointing out that the TDI and APB or HA candles are both indi's based on normal candles as apposed to the TDI reflecting what the HA candles are doing.
yep gotcha mate. I see what you are saying (I think)....that using normal candles even if two have reversed, the tdi cross still has probably not happened so using normal candles is of no value.
  • #9,914
  • Aug 14, 2011 10:54pm Aug 14, 2011 10:54pm
what do we think guys?? worth a look?? Seems to have stalled at previous large swing high. Stoch and tdi coming out of great overbought areas and plenty of room to move to last swing low (not saying it will get there just saying plenty of room. COmments welcome.
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  • #9,915
  • Aug 14, 2011 11:04pm Aug 14, 2011 11:04pm
Hi
I am new to this thread and system, was just watching AU 1hr chart,
and EU 1hr chart.

good trading
  • #9,916
  • Aug 14, 2011 11:12pm Aug 14, 2011 11:12pm
Quoting rocky
Here is a challenge for all who say they are making money or Pips with this system. Post your trades as soon as you make them, including entry, SL,TP. Not hours later or when they might be in profit, that's called "Cherry Picking" this will keep everyone honest...

[color=blue]I beleive Eelfranz has good intentions in wanting to help others, but I do not believe this system works, There is a simple way for him and all others who claim they are making money to [b]prove to all other followers on this thread that...
Look chief, I understand why you want someone to do this for you, you tried a few things in this market, you failed, tried some more....failed. Then you probably looked up on google or some other search engine and saw that there were people preaching that "You cant make money in forex, and if someone tell you they can then tell them to prove it"
Am I right?......because thats my original path too.
So what i would then like to get across is...well a small point, but hopefully it will strike a chord with you and you will soon be able to seek YOUR OWN PATH to profit or loss. Because i will tell you right now your actions are inviting devastating losses, I hope you can accept this answer to the REAL question:
what if I showed you my (real money) account statement from Oanda, and since may 1 I have an equitable increase of 22,364.88, on an initial deposit of 15, 600? bringing my grand total to 37, 964.88. would that prove to you that i am a profitable trader? maybe...but what does it say for how i did that?...nothing. So if I said that 20 percent of that increase was from longer term trades based on TMS entries, and the rest was from scalping, what would that mean to you?
if someone is able to turn a real profit in forex does that mean you will too?....ABSOLUTELY IT WILL!!!.....not. (sorry for the "not" joke) You dont have the mindset that I possess. You dont have the willpower or knowledge that I possess. Quite simply I can argue that you dont live in my region, eat my food, bench press more than me.....etc. There is no way in this universe that you could possibly emulate what i have done even if i told you exactly how i did it. Or if Big E tells you, or Dean, or 2scoops....(sorry guys). There are too many variables of difference between the universe of 'ME" and the universe of "YOU". Furthermore, the account statement of someone else is as useful to you as me telling what trade I made two days ago and how many pips it was worth....youre asking for the same information that you just said was useless.
Get on your path, dont distract others with negativity.
Putting away my soap box now.
  • #9,917
  • Aug 14, 2011 11:20pm Aug 14, 2011 11:20pm
Seeing some good looking hooks on some of the 1H pairs
  • #9,918
  • Aug 14, 2011 11:21pm Aug 14, 2011 11:21pm
Quoting XxLessoxX
Look chief, I understand why you want someone to do this for you, you tried a few things in this market, you failed, tried some more....failed.... Get on your path, dont distract others with negativity.
Putting away my soap box now.
  • #9,919
  • Aug 14, 2011 11:23pm Aug 14, 2011 11:23pm
Quoting dean
yep gotcha mate. I see what you are saying (I think)....that using normal candles even if two have reversed, the tdi cross still has probably not happened so using normal candles is of no value.
yep thats it
  • #9,920
  • Aug 14, 2011 11:24pm Aug 14, 2011 11:24pm
Quoting dean
what do we think guys?? worth a look?? Seems to have stalled at previous large swing high. Stoch and tdi coming out of great overbought areas and plenty of room to move to last swing low (not saying it will get there just saying plenty of room. COmments welcome.
looks like the uptrend might start a correction if it can push down past 1.04-1.0390 range......
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