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Trading Made Simple

  • #13,341
  • Nov 8, 2011 12:14am Nov 8, 2011 12:14am
Arimalifx,

Wow, the good news you didn't lose money. I'am still
in the trade so your stop loss must be very tight.

If you put in your price channel 5 smoothed ma, lo.
5 smoothed ma, hi.

Put your stops at the price channel levels. (top of channel
for a short, bottom of channel for a long). Try it and tell
me what you think?

snarlyjack
  • #13,342
  • Nov 8, 2011 12:22am Nov 8, 2011 12:22am
If you use Synergy APB just for bull and bear then you may like to use it in this way so that you can see real price action bars.
Attached File(s)
File Type: mq4 SynergyBullBear.mq4   2 KB | 672 downloads
  • #13,343
  • Nov 8, 2011 12:23am Nov 8, 2011 12:23am
In with you guys, tight stop as entry based on M15 about 16 pips, flattish let's see what the boys in the City have in mind.
Attached Image (click to enlarge)
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  • #13,344
  • Nov 8, 2011 12:33am Nov 8, 2011 12:33am
Quoting snarlyjack
Arimalifx,
Put your stops at the price channel levels. (top of channel
for a short, bottom of channel for a long). Try it and tell
me what you think?

snarlyjack
Sorry to butt in...tried this and seemed tight, likedit a little better with value 8, good idea.
Perhaps we should say to use the hi for shorts and viceversa...for the benefit
  • #13,345
  • Nov 8, 2011 1:28am Nov 8, 2011 1:28am
Ok, lession here.

Do you see on the 5 minute chart how the tdi green line broke through
the blue volitility band and took off to the upside at about 6:55.

If you were trading Dean Malone's system he would say if the
green line shoots past the blue line that is a buy signal. But it
is sitting on the 68 line and he would also say it is getting
over sold. He would be selling his longs right in here.

In my case since I'am short the market and down about 10 pips
my plan is to ride it out. #1 I don't like taking losses if I have to.
#2 I think it's going to roll over.

We shall see. No guarantees in trading...

snarlyjack
  • #13,346
  • Nov 8, 2011 1:36am Nov 8, 2011 1:36am
Hi Snarlyjack ,

pls explain me what is blue volitility bands , and where is it on charts .
Sorry but its not clear to me .
Thanks

Baavgai

Quoting snarlyjack
Ok, lession here.

Do you see on the 5 minute chart how the tdi green line broke through
the blue volitility band and took off to the upside at about 6:55.

If you were trading Dean Malone's system he would say if the
green line shoots past the blue line that is a buy signal. But it
is sitting on the 68 line and he would also say it is getting
over sold. He would be selling his longs right in here.

In my case since I'am short the market and down about 10 pips
my plan is to ride it out. #1 I don't like taking losses if I have to.
#2 I think it's...
  • #13,347
  • Nov 8, 2011 1:45am Nov 8, 2011 1:45am
Baavgai,

If you go into your TDI indicator. You will see in (colors) your
green and red. From the bottom up if you change the
colors to red, green, blue, yellow, blue. This will give you
the full TDI indicator which is how Dean Malone looks at
the market. Try it, you might like it. It gives you more
information.

snarlyjack
  • #13,348
  • Nov 8, 2011 1:50am Nov 8, 2011 1:50am
Baavgai,

Sorry... the colors from bottom to top should be

red, green, blue, yellow, blue

Sorry about that.

snarlyjack
  • #13,349
  • Nov 8, 2011 1:55am Nov 8, 2011 1:55am
Snarlyjack ,

thanks for help . I changed TDI according to it . Is it correct ?

Baavgai

Quoting snarlyjack
Baavgai,

If you go into your TDI indicator. You will see in (colors) your
green and red. From the bottom up if you change the
colors to red, green, blue, yellow, blue. This will give you
the full TDI indicator which is how Dean Malone looks at
the market. Try it, you might like it. It gives you more
information.

snarlyjack
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  • #13,350
  • Nov 8, 2011 1:56am Nov 8, 2011 1:56am
Your chart should look like this.

snarlyjack
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  • #13,351
  • Nov 8, 2011 2:07am Nov 8, 2011 2:07am
Britpip or other experienced TMS Trader:

Is it me, Or are there no real good deals happening yet this week on the longer time frame: 4 hr? I noticed some movement on the franc pairs and a little on AUD pairs, but nothin much elsewhere... Does anyone else see what I am seeing? Thanks in advance.

Lobster
"IN CASH WE TRUST"
  • #13,352
  • Nov 8, 2011 2:10am Nov 8, 2011 2:10am
Ok...I just sold out at +18 pips. The green line just passed through the blue volitility band on the 15 minute chart and was starting to
get into over sold levels.

This trade was not a pretty trade and we had to sit on our
hands and take some small losses but in the end it turned out ok...

I also use both Eelfranz 5 EMA +2 and Dean Malones price
channel of 5 smoothed hi, 5 smoothed lo. I think it gives
you more information. I also use the full colored TDI for full
information. That's all I use. No other indicators.

This is what "Synergy" trading method is all about, with Eelfranz
small tweeks. This is the best system that I have been able to
find and trade and make constant money. Sometimes the
trades are not pretty but overall I make a lot of money.

I hope this helped you...

snarlyjack
  • #13,353
  • Nov 8, 2011 2:26am Nov 8, 2011 2:26am
Quoting amiralifx
sell eurusd h1

Attachment
donīt you enter to beginning of London session?
  • #13,354
  • Nov 8, 2011 4:10am Nov 8, 2011 4:10am
Quoting snarlyjack
Ok...I just sold out at +18 pips. The green line just passed through the blue volitility band on the 15 minute chart and was starting to
get into over sold levels.

This trade was not a pretty trade and we had to sit on our
hands and take some small losses but in the end it turned out ok...

I also use both Eelfranz 5 EMA +2 and Dean Malones price
channel of 5 smoothed hi, 5 smoothed lo. I think it gives
you more information. I also use the full colored TDI for full
information. That's all I use. No other indicators.

This is what "Synergy"...
Do you trade mostly the 5min or 15 min ?
Look at something long enough, you will eventually get it.
  • #13,355
  • Nov 8, 2011 4:53am Nov 8, 2011 4:53am
Just want to take a moment to thank all our FX Guru's for all the time and effort they put into this site... I have read it..(Yes all of it!), traded it, lost, traded it, lost, but learning... Go Back to basics, read read eveything...

So for the first week in November, I am happy to report 5 trades, 5 winners and 263 pips on my live account - best trade 124 pips. This week is looking positive, and I am trying to cherry pick my trades, with only AAA entries.

Advice to everyone out there... follow the rules.... keep it simple and practice until you can enter a trade with out guessing!!!!
"It always seems impossible until it is done" Nelson Mandela
  • #13,356
  • Nov 8, 2011 5:12am Nov 8, 2011 5:12am
Quoting Rhino101
Just want to take a moment to thank all our FX Guru's for all the time and effort they put into this site... I have read it..(Yes all of it!), traded it, lost, traded it, lost, but learning... Go Back to basics, read read eveything...

So for the first week in November, I am happy to report 5 trades, 5 winners and 263 pips on my live account - best trade 124 pips. This week is looking positive, and I am trying to cherry pick my trades, with only AAA entries.

Advice to everyone out there... follow the rules.... keep it simple and practice until...
this sounds GREAT! I am really happy, to hear from your success!
  • #13,357
  • Nov 8, 2011 6:31am Nov 8, 2011 6:31am
had some shitty signals today...

went long on EU 2hours ago, had to go out, with some negative pips - same on EJ and AU.

letīs see, what afternoon brings.
  • #13,358
  • Nov 8, 2011 6:48am Nov 8, 2011 6:48am
Quoting LazyLobster
Britpip or other experienced TMS Trader:

Is it me, Or are there no real good deals happening yet this week on the longer time frame: 4 hr? I noticed some movement on the franc pairs and a little on AUD pairs, but nothin much elsewhere... Does anyone else see what I am seeing? Thanks in advance.

Lobster
Not much happening on H4 - so yes, you are correct - I am not dropping down in timeframes and I missed the chf moves - patience is a virtue, although bloody frustrating at times! No trades this week - so far...
"To live with Passion, it takes Courage and Grace to survive"
  • #13,359
  • Nov 8, 2011 7:46am Nov 8, 2011 7:46am
I opened my charts this morning it really spoke out to me as a tough week for trading. See how it's just slashing all around...hard to trade a chart like this.
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  • #13,360
  • Nov 8, 2011 8:33am Nov 8, 2011 8:33am
Two entries in a choppy market. Short the EU on the TDI cross and red candle. Lost 5 pips. Back Long on the TDI cross to the upside for a quick +30.
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