Trading Made Simple | Page 763 | 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

  • #15,241
  • Sep 1, 2012 7:41am Sep 1, 2012 7:41am
Quoting Toranaga
yeah, as a newbie i followed that advice also when i started, but..

After a while, when you know what youre doing,
you should get rid of of this rule.

Its all the same, and often the other pairs are much more easier to trade
and you miss a lot of signals ignoring them.

Even more, €/$ is a fraudulent manipulation gambler Pair,
and as a newbie strarting with €/$ makes it much more difficult to survive.

My advice, kick €/$ first
what are the other pairs you suggest? im also learning this method hehe
  • #15,242
  • Sep 1, 2012 7:48am Sep 1, 2012 7:48am
Just started reading this thread,
i dont know if this system is optimized for €/$

so i would let this question being answered by someone who is more into it.

But in my mind, all pairs are treadable..
I love the NZD Pairs, some Cad and Sgd s are also nice..
How to opt out annoying user signatures ??
  • #15,243
  • Sep 1, 2012 10:52am Sep 1, 2012 10:52am
Which pairs to trade?
Just read post 63 on page 5.
  • #15,244
  • Sep 1, 2012 10:55am Sep 1, 2012 10:55am
Quoting Toranaga
yeah, as a newbie i followed that advice also when i started, but..

After a while, when you know what youre doing,
you should get rid of of this rule.

Its all the same, and often the other pairs are much more easier to trade
and you miss a lot of signals ignoring them.

Even more, €/$ is a fraudulent manipulation gambler Pair,
and as a newbie strarting with €/$ makes it much more difficult to survive.

My advice, kick €/$ first
How can you fraudulently manipulate CABLE on H1 or even H4 ?
  • #15,245
  • Sep 1, 2012 12:48pm Sep 1, 2012 12:48pm
When I posted earlier this is how it all started and as time moved on many indicators were removed to keep the charts clean. If you read the thread he explains all of this and here we are today.
Big E was an experienced trader, and simplified as he went along, look at this way, the TDI with all the indicators (yellow and blue lines ) is like riding a bike with training wheels, as you become better the wheels come off.
Everyone seems to forget that they were once a newbie, for there benifit start off with a conservative approach, practice and demo, find a pair marry it, a tf that suits you, and in time you will trading without the training wheels.
PC
  • #15,246
  • Sep 1, 2012 7:02pm Sep 1, 2012 7:02pm
Hi eelfranz,
I have read most of the threads but i'm a bit confused about some words. What's the meaning of PA?
Thanks for trading systeme. I really appreciate.

Castellano.


Quoting eelfranz
Bom Bom...

Put a verticle line where you were talking about selling so I can line up PA & the TDI...

If the new candle appeared blue you would want to check your TDI again because your now looking at a long trade...

[font=Comic Sans MS][size=3][color=#0000ff]On your second chart... enter on the verticle line... not the next candle....
  • #15,247
  • Sep 2, 2012 2:35am Sep 2, 2012 2:35am
Quoting Castellano
Hi eelfranz,
I have read most of the threads but i'm a bit confused about some words. What's the meaning of PA?
Thanks for trading systeme. I really appreciate.

Castellano.
PA is short for Price Action if I'm not mistaken.
  • #15,248
  • Sep 2, 2012 10:52am Sep 2, 2012 10:52am
In all honesty, not to be a smart a$$ and offend anyone, you need to have a basic understanding and knowledge of Price Action, Support and Resistance, Candle Patterns. Learn as much as you can and practice, practice and demo before you ever go live.
There is a site Babypips.com that explains everything you need to know.
Good Luck
PC
  • #15,249
  • Sep 3, 2012 4:25am Sep 3, 2012 4:25am
Hi guys,

I heard today is banks holiday in US.
I was wondering whether you guys trade during holiday period?

Cheers
  • #15,250
  • Sep 3, 2012 2:00pm Sep 3, 2012 2:00pm
Hi Eelfranz,

I am new to forex and as was browsing through ff came across this thread. It's looking gr8 method for newbie traders like me to keep if fairly simple rather then making it complex with many indicators.

I have already read more then 160 posts in one go and going to continue. Looks gr8 and would also start with its demo.

THANKS for taking time to share this great method along with setup.

God Bless !

Thanks,
ritesh_fx
Success is 1 % intelligence and 99% perseverance - Edison
  • #15,251
  • Sep 3, 2012 6:38pm Sep 3, 2012 6:38pm
Thanks Big E and all the rest for your posts. I am also new to trading but am looking forward to reading and learning all I can here. This really is a super group of traders! Thanks again....
  • #15,252
  • Sep 4, 2012 8:49pm Sep 4, 2012 8:49pm
Hi there

I am very new to trading hence this question might sound stupid - If I want to trade just one currency pair and if my account balance is $15000.00 then, everything being equal, is taking a single Buy trade of 8.00 Volume size equal to 8 different Buy trades of 1.00 Volume sizes each of the same currency pair? My account has a leverage of 300:1. What is the advantage or disadvantage? I usually trade the 5 min AUDNZD chart (Sniper)! I usually put 3/4 Buy trades of either 0.50 or 1.00 volume each at different levels depending on the latest AUDNZD news and it usually works as I only aim for 10 pips.

Many thanks for your help!
  • #15,253
  • Sep 4, 2012 11:59pm Sep 4, 2012 11:59pm
Quoting aaabasu
Hi there

I am very new to trading hence this question might sound stupid - If I want to trade just one currency pair and if my account balance is $15000.00 then, everything being equal, is taking a single Buy trade of 8.00 Volume size equal to 8 different Buy trades of 1.00 Volume sizes each of the same currency pair? My account has a leverage of 300:1. What is the advantage or disadvantage? I usually trade the 5 min AUDNZD chart (Sniper)! I usually put 3/4 Buy trades of either 0.50 or 1.00 volume each at different levels depending on the...
Hello aaabasu,

There is a very good website where beginners can learn about forex trading.
Goto : www.babypips.com

go through the school and graduate there. You will learn many things you need to get started in forex trading and your questions will be answered along the school hours.

Enjoy the Learning Journey.

Kind regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #15,254
  • Sep 7, 2012 11:12am Sep 7, 2012 11:12am
Hi,

This is my 1st try on this method, hope the senior can give some feedback.
Attached Image (click to enlarge)
Click to Enlarge Name: 1st trial.png Size: 39 KB
  • #15,255
  • Sep 7, 2012 12:07pm Sep 7, 2012 12:07pm
Hi,

New candle formed. Please comment.
Attached Image (click to enlarge)
Click to Enlarge Name: 1st Trial(2).png Size: 38 KB
  • #15,256
  • Sep 7, 2012 9:17pm Sep 7, 2012 9:17pm
Quoting boy2boy
Hi,

New candle formed. Please comment.
http://www.forexfactory.com/showpost.php?p=5775204

Read the pdf's .... TDI cross with color change on price action, so yes you need to see a red candle. If red bar comes in 3 bars or more after TDI cross pass. Read the notes.

Enjoy
  • #15,257
  • Sep 8, 2012 9:59am Sep 8, 2012 9:59am
Hi guys, I just wonder....BigE has not be posting for so long.....last hear is his health not very good

So any trader / forumer here knows what he doing now? Is he still in this planet?
  • #15,258
  • Sep 10, 2012 3:36am Sep 10, 2012 3:36am
Hi,

Short GU - 1.60060

No sup at point of entry
Sharp cross over on TDI
Stoch pointing the same direction from 80

I think this should be a good entry.

Senior please comment.
Attached Image (click to enlarge)
Click to Enlarge Name: GU.png Size: 39 KB
  • #15,259
  • Sep 10, 2012 3:48am Sep 10, 2012 3:48am
Hi,

Short EU - 1.27900

Please comment.
Attached Image (click to enlarge)
Click to Enlarge Name: EU - 10.09.2012.png Size: 49 KB
  • #15,260
  • Edited 7:34am Sep 10, 2012 6:47am | Edited 7:34am
Hi,

It is about 1 hour and 15 minutes to complete the H4 candle and getting into NY session. Should I exit the position now base on the "flat" TDI or should I wait until the next candle to close all the trade?

Closed at 1.59700 "1/2 hour before new candle".
Attached Image (click to enlarge)
Click to Enlarge Name: GU Close.png Size: 39 KB
90 traders viewing now