Trading Made Simple | Page 1023 | 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

  • #20,441
  • Edited 4:45am Jun 11, 2013 4:04am | Edited 4:45am
Hi Emmanuel,

I have entered a short position for Gbp/usd. Here is my chart. SL 1.56064 slightly above the blue candle.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 39 KB
  • #20,442
  • Jun 11, 2013 4:08am Jun 11, 2013 4:08am
good morning,

took this trade on 4h chart. sl at be now
also, my AU trade just closed with +50 pips.
really is trading made simple. going back to bed. (2 am)

good trading people
Attached Image (click to enlarge)
Click to Enlarge Name: ej4htrade.gif Size: 52 KB
Daniel
  • #20,443
  • Jun 11, 2013 4:22am Jun 11, 2013 4:22am
First day back in live trading.
took GU sell and came away with 30 pips. had a trailing stop on after I sold 50% of my position at + 25 pips.
( It was time for food) came back to see the other 50% out for just 10 pips from the trailing stop.
Still happy with the profit. Baby steps to rebuild the account.
Attached Image (click to enlarge)
Click to Enlarge Name: 20130611 sell gbpusdh1.png Size: 64 KB
  • #20,444
  • Jun 11, 2013 4:25am Jun 11, 2013 4:25am
Not sure what others use to record their trades, but I use this sheet.
Attached File(s)
File Type: docx TDI Buy Sell Trade Plan Journal.docx   16 KB | 586 downloads
  • #20,445
  • Jun 11, 2013 4:41am Jun 11, 2013 4:41am
comp woke me up, blaring mad told me to extend my tp, so i did.
Attached Image (click to enlarge)
Click to Enlarge Name: ej4h revised.gif Size: 53 KB
Daniel
  • #20,446
  • Jun 11, 2013 4:46am Jun 11, 2013 4:46am
bah, too slow to change it to +250 tp...oh well

213+ pips from EJ and 50+ pips from AU all in under 8 hours
263 pips for the day. i'm :happy:
Daniel
  • #20,447
  • Jun 11, 2013 5:02am Jun 11, 2013 5:02am
Quoting medlyon
Hi Emmanuel, I have entered a short position for Gbp/usd. Here is my chart. SL 1.56064 slightly above the blue candle. {image}
Hi medlyon,

This is going to be tricky as GU is in consolidation since yesterday. TMS 4H is not good in consolidation market, so we must waut for the breakout of the consolidation.
With Tokyo closed now, you now need to manage this and get some pips of out of this trade. Be careful when NY open in about 2hours or at your local time 8pm.

Manage Well!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #20,448
  • Jun 11, 2013 5:05am Jun 11, 2013 5:05am
USDJPY:
Did anyone trade UJ this week?
Pretty good run down today with TMS 4H setup.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #20,449
  • Jun 11, 2013 5:05am Jun 11, 2013 5:05am
hi guys,

I and frash in here, and i got a question about the inside bar.

What is inside bar look like, and what is the meaning of insder bar.

Thanks guys.
  • #20,450
  • Jun 11, 2013 5:17am Jun 11, 2013 5:17am
Quoting emmanuel7788
{quote} Hi medlyon, This is going to be tricky as GU is in consolidation since yesterday. TMS 4H is not good in consolidation market, so we must waut for the breakout of the consolidation. With Tokyo closed now, you now need to manage this and get some pips of out of this trade. Be careful when NY open in about 2hours or at your local time 8pm. Manage Well!

Thanks Emmanuel. I have exited the position with small profits and which area should i watch to buy or sell from a consolidation?
  • #20,451
  • Jun 11, 2013 5:19am Jun 11, 2013 5:19am
Hi All,

Stayed away from markets end of last week to avoid the news..

2 Trades today.. On tablet..charts will follow
AUDJPY - 3%... TP got hit at 145pip..dropped to quick to move tp further

NZDUSD - 1% taken with half position still open.

Trade well
  • #20,452
  • Jun 11, 2013 5:42am Jun 11, 2013 5:42am
Quoting huglau
hi guys, I and frash in here, and i got a question about the inside bar. What is inside bar look like, and what is the meaning of insder bar. Thanks guys.

Hi huglau,

WELCOME! first post without chart???

First you should donwload the study that pdf Best of Big E.

To learn how to trade Inside Bar:

Read post#20,113 and download that attachedment and study that pdf. 3 power forex patterns

regards,
EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #20,453
  • Jun 11, 2013 5:46am Jun 11, 2013 5:46am
Quoting medlyon
{quote} Thanks Emmanuel. I have exited the position with small profits and which area should i watch to buy or sell from a consolidation?

some pips profit, that's good.

How to trade breakout of consolidation? First you need to leanr and indentify the consolidation on your charts.
Inside bar is only one sign of price consolidation. There are many other way to see market consolidation using price patterns like flags and pennants.

To learn about chart pattern ... Flag and Pennant

Here is another one at babypips school

Enjoy!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #20,454
  • Jun 11, 2013 6:02am Jun 11, 2013 6:02am
Quoting emmanuel7788
{quote} Hi huglau, WELCOME! first post without chart??? First you should donwload the study that pdf Best of Big E. To learn how to trade Inside Bar: Read post#20,113 and download that attachedment and study that pdf. 3 power forex patterns regards, EMMANUEL
Thanks emmanuel i will study them again and again.
  • #20,455
  • Jun 11, 2013 6:24am Jun 11, 2013 6:24am
Hi all,

Good trades today with 801+ pips. All good 4hr TDI setups on 5 pairs, mostly involving JPY. Thanks for the system

Regards,
Mightyfine
  • #20,456
  • Jun 11, 2013 6:32am Jun 11, 2013 6:32am
Hey

I finished reading the first 25 pages of this thread this week and decided to try it out today. I entered short on four pairs at 3pm my time (Aussie east coast) on the entry signals defined by eelfranz, checked them at the 7pm H4 candle close/open and have just closed all 4 trades for the following:

AUD/USD - 60 pips
EUR/JPY - 182 pips
GBP/JPY - 277 pips
USD/JPY - 164 pips

Yup - 683 pips in less than 6 hours.

Now, don't get me wrong I'm under no delusions of grandeur. I understand that this would be a great day in the scheme of things, not to mention the data out of Japap, Europe and Britain helping things along today. However, if I can get those kinda pips on a monthly basis (NOT 6 HOURLY!!!), then I'm pretty sure my boss is gunna be short one radio tech come the end of the year

Enjoy.

Attached Image (click to enlarge)
Click to Enlarge Name: audusdh4.png Size: 30 KB


Attached Image (click to enlarge)
Click to Enlarge Name: eurjpyh4.png Size: 31 KB


Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpyh4.png Size: 31 KB


Attached Image (click to enlarge)
Click to Enlarge Name: usdjpyh4.png Size: 30 KB


PS. Without reading the next thousand pages or so, are you guys still having consistent success with the original stripped back simple H4 method?
  • #20,457
  • Jun 11, 2013 6:32am Jun 11, 2013 6:32am
Took trade on TDI cross, currently SL at BE will let run and see what happens.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 11.06.2013.png Size: 88 KB
  • #20,458
  • Jun 11, 2013 6:49am Jun 11, 2013 6:49am
Quoting Mightyfine
Hi all, Good trades today with 801+ pips. All good 4hr TDI setups on 5 pairs, mostly involving JPY. Thanks for the system Regards, Mightyfine
Hi MightyFine,

801pips in one day. That's great . Please share your charts. Which JPY pairs?
Attached Image (click to enlarge)
Click to Enlarge Name: JPY week 24 TMS 4H trade setups .png Size: 117 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #20,459
  • Jun 11, 2013 6:50am Jun 11, 2013 6:50am
Here are the USD pairs:
Attached Image (click to enlarge)
Click to Enlarge Name: USD week 24 24 TMS 4H trade setups.png Size: 117 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #20,460
  • Jun 11, 2013 7:03am Jun 11, 2013 7:03am
Quoting emmanuel7788
{quote} Hi MightyFine, 801pips in one day. That's great . Please share your charts. Which JPY pairs?
Hey emmanuel,

here are the charts i traded on today, i could've traded on other jpy pairs but 5 was enough.
Attached Image (click to enlarge)
Click to Enlarge Name: jpy pairs.png Size: 76 KB
103 traders viewing now