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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

  • #13,301
  • Nov 7, 2011 4:04am Nov 7, 2011 4:04am
hi my buddy

the system is very very simple. please dont complicate.
  • #13,302
  • Nov 7, 2011 4:26am Nov 7, 2011 4:26am
Looks good on h4. H1 one is a bit flat but price has stalled around that 0275 area. Could break it and potentially go for the fib 50 all the way down there, but that may be thinking too far ahead. On the way I see resistance at 0275, 0195 and 0140.. Who knows how many others I am missing..
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  • #13,303
  • Nov 7, 2011 6:12am Nov 7, 2011 6:12am
live trading

21-buy eurusd h1

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  • #13,304
  • Nov 7, 2011 8:11am Nov 7, 2011 8:11am
Quoting amiralifx
live trading

21-buy eurusd h1

Attachment
Are you still in this trade? Or did the hook down between 8-9 EST cause you to step out of it? Just curious, cuz now it looks like strength is returning...
  • #13,305
  • Nov 7, 2011 8:21am Nov 7, 2011 8:21am
Dean Malone's method says to only buy when the TDI is above 50 and sell when TDI is below 50, seems odd to me as a lot of good trades are missed, is there anyone here who uses deans entry rules?
  • #13,306
  • Nov 7, 2011 8:37am Nov 7, 2011 8:37am
Quoting FXSurf
Are you still in this trade? Or did the hook down between 8-9 EST cause you to step out of it? Just curious, cuz now it looks like strength is returning...
yes. i still in that trade. its open
  • #13,307
  • Nov 7, 2011 8:39am Nov 7, 2011 8:39am
Quoting zortan
Dean Malone's method says to only buy when the TDI is above 50 and sell when TDI is below 50, seems odd to me as a lot of good trades are missed, is there anyone here who uses deans entry rules?
i use only elfranz rules. thats system is very simple. and my accoun is growing. thanks elfranz.
  • #13,308
  • Nov 7, 2011 8:51am Nov 7, 2011 8:51am
Quoting kingclarence
No solid advice? wow
What are looking for solid advice on in particular?
"To live with Passion, it takes Courage and Grace to survive"
  • #13,309
  • Nov 7, 2011 8:55am Nov 7, 2011 8:55am
Quoting amiralifx
live trading

21-buy eurusd h1

Attachment
sl move to +3
  • #13,310
  • Nov 7, 2011 9:03am Nov 7, 2011 9:03am
Quoting zortan
Dean Malone's method says to only buy when the TDI is above 50 and sell when TDI is below 50, seems odd to me as a lot of good trades are missed, is there anyone here who uses deans entry rules?
Big E refined this forum from initially the Craig Harris approach as well as the Dean Malone approach. The reasons behind this technique is that its entry points are quicker and ignore the "above 50" rules, etc. so more opportunities for pips.

Back test this in parallel with any other system/approach of your choice and see which works best four your trading style.
"To live with Passion, it takes Courage and Grace to survive"
  • #13,311
  • Nov 7, 2011 9:29am Nov 7, 2011 9:29am
Britpip7 is right!

Their are 2 approaches (maybe more) to using the tdi indicator.
One is the conservative method that Dean Malone teaches and
the other is the aggressive method that Eelfranz teaches. Both
methods are correct (which is better for you and your trading style)?

But the TDI indicator is the king in this system. The better you
understand the TDI the better for you!

What I did when I was first learning this system is I dropped
down to the 5 minute chart and just watched how the TDI
moved with the market. Once I got very comfortable with how
the TDI moved then I jumped back up to the larger time frames.

The bottom line is, the TDI indicator works! And I started making
money. You have to develop a trust for the TDI and just let
the trades work out. The TDI indicator does need some breathing
room and the price will bounce up and down the price bars.
Sometimes you have to sit on your hands and just let the trade develop.

I hope this helps you...

snarlyjack
  • #13,312
  • Nov 7, 2011 9:39am Nov 7, 2011 9:39am
Hi. I want to thank you eelfranz for sharing with us your system and your experience and thank all the people that colaborate with you in this thread.
English isn´t my speaking language, so please excuse me.
I don´t have a real account yet, I´m a rookie.
I´m using your system since two weeks ago and thanks to that I can recover my battered account. It´s really a great system. I´m a bit anxious and I´m using your system in 5TF or 15 TF. I´m using your system with a combination of sonicdeejay´s QQE indicator. I send the same message to him. I only trade when QQE allows me to, then I use TDI. I hope that in addition to learning can contribute. Your opinion about this its´s important to me. Wish you all the best.

Les mando un mate amargo, saludos amigos.
  • #13,313
  • Nov 7, 2011 9:40am Nov 7, 2011 9:40am
Hello snarlyjack

Which time frames do you trade?
  • #13,314
  • Nov 7, 2011 9:49am Nov 7, 2011 9:49am
Quoting Britpip7
What are looking for solid advice on in particular?
I was talking to the guy that said their was no solid advice being given.I think their is plenty in here
  • #13,315
  • Nov 7, 2011 9:53am Nov 7, 2011 9:53am
Quoting amiralifx
live trading

21-buy eurusd h1

Attachment
stop at +3
  • #13,316
  • Nov 7, 2011 10:09am Nov 7, 2011 10:09am
DIGF,

I trade the 15 minute and 1 hour charts.

I have the time to watch all my trades and I can monitor them more
closely. The 1 and 5 minute charts in my opinion are to fast.
The 4 hour and daily charts are to slow. For my personality the 15
and 1 hour charts are the best for me. But everyone is different.
What works best for you?

The TDI system works in all time frames. The set-up is the same,
just the speed of the action changes.

snarlyjack
  • #13,317
  • Nov 7, 2011 10:17am Nov 7, 2011 10:17am
hi snarlyjack...we are in the same boat

i prefer to use M5 as entry
Lets make some green pips
  • #13,318
  • Nov 7, 2011 10:26am Nov 7, 2011 10:26am
Quoting kingclarence
I was talking to the guy that said their was no solid advice being given.I think their is plenty in here
No worries - just seeing if there was something you needed.

If you want to address a comment to a particular post / member - use the "Quote" button and it will include the previous post that you are responding to.
"To live with Passion, it takes Courage and Grace to survive"
  • #13,319
  • Nov 7, 2011 11:00am Nov 7, 2011 11:00am
Quoting snarlyjack
DIGF,

I trade the 15 minute and 1 hour charts.

I have the time to watch all my trades and I can monitor them more
closely. The 1 and 5 minute charts in my opinion are to fast.
The 4 hour and daily charts are to slow. For my personality the 15
and 1 hour charts are the best for me. But everyone is different.
What works best for you?

The TDI system works in all time frames. The set-up is the same,
just the speed of the action changes.

snarlyjack
snarlyjack
I have only started demoing the system today. Because Big E say's he has found the four hour charts better for him I have been looking at them and also the one hour.
At the moment I obviously haven't got it right yet as each trade I have done has immediately gone into reverse, Its a good thing I am demoing.
Since you have said that it works well on the fifteen minute and one hour I will try them as four hours seems a long time to wait.
Like you I can monitor trades thru most of the day. One of the benefits of being retired.
On the last chart you posted #13285 your chart only covered two day's. I have been trying to get mine like that as it seems to show the angle of the TDI cross's better than when there is about a week or more on the chart but I am struggling to do it.
I have watched another two of Dean Malone's videos, I'm very impressed with them. Such a lot of good info on them.
  • #13,320
  • Nov 7, 2011 11:24am Nov 7, 2011 11:24am
Digf,

The unspoken secret is, never give up!!!

Crystalize your goals. Learn the secrets.
It takes as long as it takes. (How long is that string)?

This is the system that you have been looking for. Learn
it and get very good at trading. When it's all said and done it's just
you and the market. Put the odds in your favor.

Remember that trading is all about probability. Their is no 100%.
But you can put the odds in your favor. Learn how to stack the
deck in your favor. Watch the movie "Bringing down the house"
by the MIT students in Las Vegas. Practice, practice, practice.
Learn how to bring down the house...

snarlyjack
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