Trading Made Simple | Page 1030 | 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

  • #20,581
  • Jun 13, 2013 8:11am Jun 13, 2013 8:11am
Quoting sayeedbd
My best profitable strategy.... {image} {image} http://www.myfxbook.com/members/trad...l-hasan/605561 http://www.myfxbook.com/members/traderbd/sayeed/598321 https://www.facebook.com/sayeed.acca
FF member sayeedbd,

You must be mixed up which strategy you actually traded to achieved those nice profitable results.
You posted the same trades results in three different threads within few minutes today.
I am sure you have your reasons why you do this.

regards,
EMMANUEL
Attached Image (click to enlarge)
Click to Enlarge Name: sayeedbd.png Size: 92 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #20,582
  • Jun 13, 2013 8:12am Jun 13, 2013 8:12am
Hello Guys,
Just came upon this thread and looks very interesting. I have download the TDI from the beginning of the thread which comes up in Metaeditor. Can someone tell me how to transfer that into the indicator file.
Many thanks
  • #20,583
  • Jun 13, 2013 8:22am Jun 13, 2013 8:22am
Quoting emmanuel7788
{quote} FF member sayeedbd, You must be mixed up which strategy you actually traded to achieved those nice profitable results. You posted the same trades results in three different threads within few minutes today. I am sure you have your reasons why you do this. regards, EMMANUEL {image}

i hope hes nt selling sth here, its too wrong with wht we hv here
  • #20,584
  • Jun 13, 2013 8:31am Jun 13, 2013 8:31am
Quoting G.Grillz
{quote} i hope hes nt selling sth here, its too wrong with wht we hv here

I would not buy any system with Expectancy of 2.7 pips and 2.9 pips.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #20,585
  • Jun 13, 2013 8:33am Jun 13, 2013 8:33am
Today is good day for Synergy H1 traders - AU and EU ...both 2R trades if you follow thier Entry and Exit rules.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AU Synergy H1 trade 13-6-2013 9-27-19 PM.png Size: 42 KB
Click to Enlarge Name: EU Synergy H1 trade 13-6-2013 9-26-13 PM.png Size: 41 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #20,586
  • Jun 13, 2013 8:35am Jun 13, 2013 8:35am
Quoting emmanuel7788
{quote} FF member sayeedbd, You must be mixed up which strategy you actually traded to achieved those nice profitable results. You posted the same trades results in three different threads within few minutes today. I am sure you have your reasons why you do this. regards, EMMANUEL {image}
Good analysis Emmanuel
  • #20,587
  • Jun 13, 2013 8:51am Jun 13, 2013 8:51am
Quoting emmanuel7788
Today is good day for Synergy H1 traders - AU and EU ...both 2R trades if you follow thier Entry and Exit rules. {image} {image}

im riding EU too , its free trade now bt it goes well on both H1 and H4 so lets see
Attached Image (click to enlarge)
Click to Enlarge Name: EUriding.jpg Size: 79 KB
  • #20,588
  • Edited 9:19am Jun 13, 2013 9:06am | Edited 9:19am
Quoting emmanuel7788
Today is good day for Synergy H1 traders - AU and EU ...both 2R trades if you follow thier Entry and Exit rules. {image} {image}
it is a nice trading day for quite a lot of pairs

still on EU trade, BE. +50 on EJ. another +50 on AJ (a mistake TP, put a +50 cause i was going to catnap, woke up to a closed trade.

EJ was taken right when it brake low (mt4 decided to requote me 4x).

Missed AU trade

Emmanuel, you should check out EurAud, it moves even better.

Quoting G.Grillz
took this trade on 15m, two lots moved the first to BE+ since it was belt hold candle and bullish eng then i increased to second lot maaan this pair is moving fast , twin turbo baby {image}

If there is one thing i learned from trading EJ, is never to be happy before you hit at least 50 pips from the pair. And it does not change direction easily.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu trade.gif Size: 21 KB
Click to Enlarge Name: ejtrade.gif Size: 45 KB
Click to Enlarge Name: ea.gif Size: 21 KB
Daniel
  • #20,589
  • Jun 13, 2013 9:17am Jun 13, 2013 9:17am
Quoting Greenb
If there is one thing i learned from trading EJ, is never to be happy before you hit at least 50 pips from the pair. And it does not change direction easily.
u got dat right, closed on EJ bt was a nice chance to scalp
  • #20,590
  • Jun 13, 2013 11:07am Jun 13, 2013 11:07am
Quoting smarco
EU H1 +25 pips (pullback H1 with M15 TDI confirm) Manual exit for save profit (near 11 Jun HI area) Thanks to all and Phx62 {image}
Nice job smarco.....
  • #20,591
  • Jun 13, 2013 11:11am Jun 13, 2013 11:11am
Quoting emmanuel7788
PA reconciliation of Multi-Time Frame ... Do you know that : a 3-bar reversal pattern on M15 is a Pin Bar (pullback bar) on H1 a 3-bar reversal pattern on H1 is a Pin Bar (pullback bar) on H4 these is provided you know the candle count correctly that 4xM15 bars make one H1 and 4 x H1 bars make one H4.... and know how to read PPA. or you can use a Triple Screen setup to show M15, H1 and H4 charts.
Thanks Emmanuel.....a perfect explanation of using multi-time frames while trading only one of them......PA is king.....everything else is just trading tools.
  • #20,592
  • Jun 13, 2013 11:29am Jun 13, 2013 11:29am
Hey guys,

What is the CaveManager EA and what does it do?

Is it an EA for completely managing your trading from entry to exit? Or can I still decide the entry and use it to manage my exit when I am away from the computer and unable to manually exit?
  • #20,593
  • Jun 13, 2013 11:29am Jun 13, 2013 11:29am
Any advice appreciated

Entered on once price broke past pullback a bit. Checked 15 time frame and TDI had crossed as well as 3 bullish candles
*see pullback formed 2hours ago. No entry. Session almost closed
Attached Image (click to enlarge)
Click to Enlarge Name: jun 13 eur.jpy.h1 pullback.png Size: 42 KB
Attached Image (click to enlarge)
Click to Enlarge Name: jun 13 eur.jpy.15m pullback.png Size: 43 KB
  • #20,594
  • Jun 13, 2013 11:35am Jun 13, 2013 11:35am
Quoting adamjhdavis
{quote} Hi PHX62, Thankyou for your great teaching Ihave learnt so much. Why have a 50 pip SL loss if you never intend it to get hit? why not have a lower one so your value per pip can be higher.... also how do you decide when price has gone against too much and exit manually or move SL. Thanks once again. Adam
Adam,
For me, the SL is just an EMERGENCY SL.....in case my computer crashes or I lose power or I fall asleep.....it just prevents me from losing a lot of money in an emergency.
How do I decide where to move the SL or exit manually? Those decisions are based on many, many hours of study, back-testing and experience. Many factors enter into the decision to move or exit trades....current price action, which pair and time frame, tendencies of that pair, time of day, market volume, candle patterns forming, pending news releases, etc.. Once a trade moves 21 pips in my favor, my EA moves my SL to BE and I let the trade run.
Big E sometimes exited trades when they moved against him 5 to 10 pips.....I seldom let a trade move against me more than 20 pips on H1....less on M15. Every trader has their own way....some set TP and SL and walk away from the computer until one or the other is hit.....others use R values....everyone has to determine what works for them......
  • #20,595
  • Jun 13, 2013 11:42am Jun 13, 2013 11:42am
Quoting tenmilewalk
Any advice appreciated Entered on once price broke past pullback a bit. Checked 15 time frame and TDI had crossed as well as 3 bullish candles *see pullback formed 2hours ago. No entry. Session almost closed{image} {image}

You've been getting really good trades lately, why be greedy ;p
only a few hours left on NY session, if you already have 100+ pips from your AU, may as well take them to the bank now and relax ya

Remember one of the trading rules: Never ever over trade
Daniel
  • #20,596
  • Jun 13, 2013 11:45am Jun 13, 2013 11:45am
Quoting Greenb
{quote} You've been getting really good trades lately, why be greedy ;p only a few hours left on NY session, if you already have 100+ pips from your AU, may as well take them to the bank now and relax ya Remember one of the trading rules: Never ever over trade
Good point
  • #20,597
  • Jun 13, 2013 11:53am Jun 13, 2013 11:53am
Quoting emmanuel7788
Today is good day for Synergy H1 traders - AU and EU ...both 2R trades if you follow thier Entry and Exit rules. {image} {image}

Mr Emmanuel ,


Is this an indicator or manually done by u ?


if it is indicator , could u share it please ?

if it is manually done by u ,,, so please can u give me the tips how to do it ... for example : th size of the candle, the numbers , any previous sup or res .



thanks in advanced for helping us .



my regards.
Attached Image (click to enlarge)
Click to Enlarge Name: AU Synergy H1 trade 13-6-2013 9-27-19 PM.png Size: 107 KB
  • #20,598
  • Jun 13, 2013 11:57am Jun 13, 2013 11:57am
Quoting Greenb
{quote} it is a nice trading day for quite a lot of pairs still on EU trade, BE. +50 on EJ. another +50 on AJ (a mistake TP, put a +50 cause i was going to catnap, woke up to a closed trade. EJ was taken right when it brake low (mt4 decided to requote me 4x). Missed AU trade Emmanuel, you should check out EurAud, it moves even better. {quote} If there is one thing i learned from trading EJ, is never to be happy before you hit at least 50 pips from the pair. And it does not change direction easily. {image} {image} {image}

Mr Greenb,


Would you please share this session box indicator ? as mentioned in the chart .


and please I have a confusion regarding the sessions ... in LO session , are you going to add Germany Market time or ONLY LO ?



waiting for your reply .


Thank you and have a nice time .
Attached Image (click to enlarge)
Click to Enlarge Name: eu trade.gif Size: 22 KB
  • #20,599
  • Jun 13, 2013 12:01pm Jun 13, 2013 12:01pm
Only 2 trades for me today....1 for +40 & 1 for BE. I am attaching 3 charts.
The EU gave a perfect entry at LO....due to low ADR, I only targeted 40 pips....as you can see, price gave up double that amount.
The EJ entry was a continuation trade based on the downtrend during the Asian session. Price moved 42 pips after entry but did not hit my TP. EA stopped me out at BE. This entry was not a good entry, no TDI cross, no pullback candle formation, just a shot in the dark that failed. I am fully aware that when a pair makes a big move during the Asian session, it usually ranges during the London session.....I was just hoping for 50 pips before it began ranging.
There was no entry at LO on the AU...the pullback candle from Frankfurt looked like a set up for a reversal but the formation did not complete and price did not reverse. AU continued up for over 100 pips but I do not chase trades (I sometimes will enter on continuation trades right at LO but that is the only time I do that. As you can see on the EJ trade today, that did not work out either).
Attached Image (click to enlarge)
Click to Enlarge Name: 2013.6.13 eu h1.png Size: 40 KB
Attached Image (click to enlarge)
Click to Enlarge Name: 2013.6.13 ej h1 training.png Size: 46 KB
Attached Image (click to enlarge)
Click to Enlarge Name: 2013.6.13 au h1 training.png Size: 40 KB
  • #20,600
  • Jun 13, 2013 12:40pm Jun 13, 2013 12:40pm
Quoting Phx62
{quote} Adam, For me, the SL is just an EMERGENCY SL.....in case my computer crashes or I lose power or I fall asleep.....it just prevents me from losing a lot of money in an emergency. How do I decide where to move the SL or exit manually? Those decisions are based on many, many hours of study, back-testing and experience. Many factors enter into the decision to move or exit trades....current price action, which pair and time frame, tendencies of that pair, time of day, market volume, candle patterns forming, pending news releases, etc.. Once a...
Phx62,

Thank you for taking the time to answer that makes perfect sense.
57 traders viewing now, 1 is registered:
kola.bear020