Trading Made Simple | Page 709 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

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

Attachments: Trading Made Simple
Exit Attachments

Trading Made Simple

  • #14,161
  • Dec 18, 2011 3:18am Dec 18, 2011 3:18am
Quoting msc400
I read in the past that Big E does not trade on Sundays, but this looks like a pretty tempting setup??? Any thoughts?

http://i40.photobucket.com/albums/e2...12_16_2011.jpg
http://www.forexfactory.com/%3Ca%20h...http://s40.pho
..then I'd think you could go for a small number of pips.
Close to a hundred level which is acting as support: 1.3000.
On D1, green is heading north: may cross up or bounce down, who knows.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD D1.PNG Size: 52 KB
Financial independence is what I live for
  • #14,162
  • Dec 18, 2011 4:20am Dec 18, 2011 4:20am
Quoting hardearned
Hi Big E

Quick question in this Scenario .see attached chart. Took a sell. TDI has not hooked. Entry was correct. Do I stay in the trade and trust my TDI ? Or do I get out? Is this a possible head fake?

Thanks
Duds
out and waiting for next set up, I don't like gameble, I just trade more sure signals
  • #14,163
  • Dec 18, 2011 4:23am Dec 18, 2011 4:23am
Quoting realjumper

Either way though, USA session is out of reach for us Kiwi's.

You could day trade like I do, or you could do the H4 - Daily like Big E and many others here do, but that doesn't suit me.

Hope that helps?

RJ
Thanks RJ, answered my query perfectly. Much like you I start looking at things from about 7 onwards. I tend to focus on the M15 & H1 at present, but at some point will delve more into the H4 / Daily.

Cheers!
1 pip at a time ... if the entries are strong, the rest will follow ...
  • #14,164
  • Dec 18, 2011 12:39pm Dec 18, 2011 12:39pm
Quoting tomthepoppop
Look at post 9358 and print out all of eelfranz messages plus look at post
9365 and download those indicators. I think that will assist you.
Thanks. This has certainly been helpful.

I've downloaded the indicators and the guide explains how to set up .mq4 files. However, I am struggling to compile and load the .ex4 file indicators onto my charts.

How do I do this?

Thanks
  • #14,165
  • Dec 18, 2011 4:34pm Dec 18, 2011 4:34pm
For all you kiwi's out there - I thought "Let's post a nice Aussie / Kiwi short on FF".
It's the only potential D1 trade I've spotted after having eyeballed a number of currency pairs :nerd:
Hopefully it will yield some pips.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD short.PNG Size: 59 KB
Financial independence is what I live for
  • #14,166
  • Dec 18, 2011 4:50pm Dec 18, 2011 4:50pm
Quoting petrolhead88
Thanks. This has certainly been helpful.

I've downloaded the indicators and the guide explains how to set up .mq4 files. However, I am struggling to compile and load the .ex4 file indicators onto my charts.

How do I do this?

Thanks
Check it out on youtube.com, they have some great videos that show you step by step.
  • #14,167
  • Dec 18, 2011 6:46pm Dec 18, 2011 6:46pm
here is an interesting setup going into tonight. the hourly should remain crossed at 8PM EST and the 4H chart looks to be following.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: $NZDUSD (240 Min) 12_18_2011.jpg Size: 136 KB
Click to Enlarge Name: $NZDUSD (60 Min) 12_18_2011.jpg Size: 144 KB
  • #14,168
  • Dec 18, 2011 11:43pm Dec 18, 2011 11:43pm
Quoting msc400
I read in the past that Big E does not trade on Sundays, but this looks like a pretty tempting setup??? Any thoughts?

http://i40.photobucket.com/albums/e2...12_16_2011.jpg
http://www.forexfactory.com/%3Ca%20h...http://s40.pho
What's tempting about it when most of the world isn't even at their desks yet?
  • #14,169
  • Dec 19, 2011 6:27am Dec 19, 2011 6:27am
Quoting fxstevyboy
What's tempting about it when most of the world isn't even at their desks yet?
This is what the chart looked at the close on friday and I wanted to get thoughts on how this would be played on the open sunday night. On sunday the signal wasn't there any more, but given your comment, its probably a trade you wouldn't have taken.
  • #14,170
  • Dec 19, 2011 7:26am Dec 19, 2011 7:26am
Guys, my MT4 has gone crazy and have no idea what is going on... Has anyone else experienced this before?

http://www.forexfactory.com/showthread.php?t=332401
  • #14,171
  • Dec 19, 2011 7:45am Dec 19, 2011 7:45am
Kingclarence :
I am a DTF trader. I have tried with mixed results using TMS on the DTF. The lines retrace during the daily period. Do you wait for a "confirmation candle" to enter the trade? How long are you normally in a trade and what do you use for SL? I am very interested in learning from your experience.
Joe
  • #14,172
  • Dec 19, 2011 9:04am Dec 19, 2011 9:04am
Quoting jmac57
Kingclarence :
I am a DTF trader. I have tried with mixed results using TMS on the DTF. The lines retrace during the daily period. Do you wait for a "confirmation candle" to enter the trade? How long are you normally in a trade and what do you use for SL? I am very interested in learning from your experience.
Joe
I just wait for a good cross and candle.I can be in a trade anywhere from 3 to 30 days it just depends.As far as stop loss anywhere from 140-200 pips just depends on the trade
  • #14,173
  • Dec 19, 2011 2:05pm Dec 19, 2011 2:05pm
Quoting kingclarence
I just wait for a good cross and candle.I can be in a trade anywhere from 3 to 30 days it just depends.As far as stop loss anywhere from 140-200 pips just depends on the trade
Do you use TDI to exit the trade as well?

Let's say you find yourself on the losing end of the trade.
At the end of the day, a new D1 candle is formed.
TDI has flattened or worse: a checkmark reversal.
What do you do?
Financial independence is what I live for
  • #14,174
  • Dec 19, 2011 2:17pm Dec 19, 2011 2:17pm
Quoting smatthew
Do you use TDI to exit the trade as well?

Let's say you find yourself on the losing end of the trade.
At the end of the day, a new D1 candle is formed.
TDI has flattened or worse: a checkmark reversal.
What do you do?
Yeah i usually exit on those.I also pay attention to the previous highs and lows and the trend.you can usually tell when a run is losing steam because the candles often start getting smaller.This could mean its gonna reverse or just is taking a break before continuing in the same direction so you gotta watch all that.Support and resistance is really important in my book.

I think eventually im gonna do my own trading system based off nothing but price action no indicators.
  • #14,175
  • Dec 19, 2011 2:51pm Dec 19, 2011 2:51pm
a good idea, price action without indikators.
Make green pips, only candles.
Quoting kingclarence
Yeah i usually exit on those.I also pay attention to the previous highs and lows and the trend.you can usually tell when a run is losing steam because the candles often start getting smaller.This could mean its gonna reverse or just is taking a break before continuing in the same direction so you gotta watch all that.Support and resistance is really important in my book.

I think eventually im gonna do my own trading system based off nothing but price action no indicators.
  • #14,176
  • Dec 19, 2011 4:47pm Dec 19, 2011 4:47pm
Trades still open
EURCHF short (currently up +49)

Closed trades
USDCAD long +100
AUDNZD short -30
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDNZD closed.PNG Size: 53 KB
Click to Enlarge Name: EURCHF holding on to short.PNG Size: 57 KB
Click to Enlarge Name: USDCAD closed.PNG Size: 45 KB
Financial independence is what I live for
  • #14,177
  • Dec 19, 2011 4:54pm Dec 19, 2011 4:54pm
euro-chf is on a long range!

Quoting smatthew
Trades still open
EURCHF short (currently up +49)

Closed trades
USDCAD long +100
AUDNZD short -30
  • #14,178
  • Dec 19, 2011 9:02pm Dec 19, 2011 9:02pm
can anybody modify this indicator so that i can change the size and color of the bars........thanks,,,vince
Attached File(s)
File Type: mq4 Synergy_APB2.mq4   2 KB | 552 downloads
  • #14,179
  • Dec 19, 2011 9:27pm Dec 19, 2011 9:27pm
Quoting Vince-AC
can anybody modify this indicator so that i can change the size and color of the bars........thanks,,,vince
Opens for me, what color(s) did you want?
Attached Image (click to enlarge)
Click to Enlarge Name: color_bars.png Size: 105 KB
It takes a lot for me to IGNORE you, but you can try.
  • #14,180
  • Dec 20, 2011 10:02am Dec 20, 2011 10:02am
My trading is from about 12am EST to 7am EST. I can't watch so I set stop losses and take profits. I missed several long moves last night because of that but still picked up 141pips total.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: au long.gif Size: 24 KB
Click to Enlarge Name: gj long.gif Size: 24 KB
Click to Enlarge Name: gu long.gif Size: 24 KB
If you want to pick up a lot of pips..... Hedge my trades!
74 traders viewing now, 1 is registered:
NovemberMan