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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

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Trading Made Simple

  • #27,981
  • Dec 3, 2013 1:39am Dec 3, 2013 1:39am
Quoting emmanuel7788
{quote} WDays, I use the Percent Risk Model and R-Multiple Money Management with Position Sizing. Keep track of trade results in terms of the risk R and not in terms of pips. If I risk 1% per trade and with a win rate of 55% and Expectancy of 2.3, you can work out the number of trades to reach positive 10%.
Ohh okay thank you that clears it up
  • #27,982
  • Edited 5:58am Dec 3, 2013 2:31am | Edited 5:58am
Quoting Phx62
{quote} As I have taken........I did not know!! .........
Phx62,

thank you for your detailed reply. I feared about that this might be the answer ...
So the only opportunity is to get a "Market Whisperer" (allusion to "The Horse Whisperer")

fxfox
fxFox (all times in my charts are GMT+1)
  • #27,983
  • Dec 3, 2013 6:20am Dec 3, 2013 6:20am
Quoting amir558
{quote} hi my friend can you explane your enters? regards
Pls read the thread I have already explain all my trades!!!!
Give yourself a chance and trade it like it's layed out...
  • #27,984
  • Dec 3, 2013 7:35am Dec 3, 2013 7:35am
took this one today,..fine one
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  • #27,985
  • Dec 3, 2013 9:20am Dec 3, 2013 9:20am
My EN trade from this morning, took +15.

Entered after the break of the previous candle with a triple top above on the resistance.

Exit was because as is the way with EN breakouts it often pulls back to where the original breakout was before deciding what to do.

Was +21 in profit, took +15, would of been taken out at BE before pa continued to move short.
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  • #27,986
  • Edited Dec 4, 2013 1:26am Dec 3, 2013 10:19am | Edited Dec 4, 2013 1:26am
GBPUSD H1

Entered (as I understood Phx62) on LO candle breaking above the blue frankfurt candle
After TDI priceline broke MBL, blue candle and H4 was just before a cross up. High from the end of 2012 acts as support (1,6341).

Because of I've seen so many pips in profit melting away the last days, I partially exited the position, after it seems that it wouldn't go further up at yesterdays high. Results in average profit of +28 pips.

I saw often in the last days that a slighly move, which has started in the night on asian session, accelerates at about 7am GMT+1. Looking first on the chart at 7:30am, there are already 10 to 15 pips collected before frankfurt opens, with a small SL. So I've could been earlier in the trade and build up a little cushion before LO opens.
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fxFox (all times in my charts are GMT+1)
  • #27,987
  • Dec 3, 2013 1:33pm Dec 3, 2013 1:33pm
Traded the G/U & E/U on the London Open on 4h charts and closed G/U manualy and left E/U to hit my 50 pips limit closed in the New York Session - 70 pips.
  • #27,988
  • Dec 3, 2013 2:57pm Dec 3, 2013 2:57pm
Havent had access to my usual system this week so unable to post charts, but its been going great again, I will post some charts on Thursday when I'm back to normal
  • #27,989
  • Dec 3, 2013 8:54pm Dec 3, 2013 8:54pm
Quoting Erol
{quote} Thanks Bizzzle, bullish myself as per the weekly trend. Just saw the IB for a possible 1.5R counter trend trade (Plan B). {image}
Hi Erol

Would like to know if you would take the trade if there was only 1 inside bar and not the second one, I have outlined in my trading plan, that if there is 2 inside bars withe the second closing below the first inside bar with cross of TDI, there would often be a valid signal
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I Have Learned to Take Some Losses to Make Profits
  • #27,990
  • Dec 3, 2013 9:29pm Dec 3, 2013 9:29pm
Quoting lastingwell
Havent had access to my usual system this week so unable to post charts, but its been going great again, I will post some charts on Thursday when I'm back to normal
I will be waiting for you......
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #27,991
  • Dec 4, 2013 1:59am Dec 4, 2013 1:59am
Hi,
I have been watching the thread with great interest for a few weeks now and practicing the system.
My problem is with the Heiken Ashi and/or the Synergy Indicators. I wish to change their colour as well as width, which when done, reverts back to the original colour and width whenever I reboot the platform or change to a different time frame.
I have two different brokers that I trade with, Pepperstone and Go Markets, and the problem only occurs with Go Markets.
Has anyone else had the same problem and if so, what did you do to rectify the problem?
Could someone who does not have this problem, please post the indicators and I will see if they help.

Thanking you in anticipation.

Greg
  • #27,992
  • Dec 4, 2013 2:03am Dec 4, 2013 2:03am
Quoting Phx62
{quote} Typically, during holiday weeks, market momentum slows and the market ranges. I entered the first trade of the week on a typical LO trade, expecting price to reach the 50 TP, since the TDI was moving out of the overbought area. It took price over three hours to move 25 pips, so when it pulled back, I got out. Following that move down, the TDI hovered around the 50 line, indicating no momentum, so I just scalped a couple of trades. The 100 pip trade was entered like the others but on the third candle, the market made a strong move up, so...
it is humbling to see after your results for the last couple year youre still trading with relatively simple amounts. Keeping your feet on the ground. It is unforunate that due to my job which requires waking up at 7(mountain time) that I probably will distance myself from quick H1 scalp trades. That does not matter as I have yet to master H1 long trades.

Thank you
  • #27,993
  • Dec 4, 2013 2:27am Dec 4, 2013 2:27am
Quoting tenmilewalk
{quote} it is humbling to see after your results for the last couple year youre still trading with relatively simple amounts. Keeping your feet on the ground. It is unforunate that due to my job which requires waking up at 7(mountain time) that I probably will distance myself from quick H1 scalp trades. That does not matter as I have yet to master H1 long trades. Thank you
I totally agree. I hate that I have not much time to concentrate on my trading. I want more. And I can more.
But this is a little scary to leave the job
If talking about those who trade Forex for living, and those who produce good results, then they should increase the volume and start to make MONEY!
  • #27,994
  • Dec 4, 2013 2:52am Dec 4, 2013 2:52am
well I took E/J 1H long with a pending order, now its making an inverted hammer

I saw the big hammer candle at support, then some consolidation, and TDI green > red crossing yellow and 50 line.
  • #27,995
  • Dec 4, 2013 3:42am Dec 4, 2013 3:42am
Today system was a favourable premonition on GU, bearish cross in H1 an hour before important news, that followed to the south
  • #27,996
  • Dec 4, 2013 7:02am Dec 4, 2013 7:02am
Anyone, I don't see Bizzle on today, but does anyone know what his ema settings are on the yellow one indicated on his charts?

Thank You and Regards,
Cigarguy
Keep It Simple
  • #27,997
  • Dec 4, 2013 7:12am Dec 4, 2013 7:12am
Quoting emmanuel7788
I'm closed for vacation. It is cold up north in Italy ... but I love the Italian Alps. Will try login occassionally and see how you folks are trading in the coming weeks with market low liquidity. Season's Greetings and Happy Holidays Folks. {image}
Happy Hols,
Ski safe..

and of course many thanks for you absolute assistance.
If ask a silly question.. forgive me!i'm just confused again!
  • #27,998
  • Dec 4, 2013 7:23am Dec 4, 2013 7:23am
Quoting cigarguy
Anyone, I don't see Bizzle on today, but does anyone know what his ema settings are on the yellow one indicated on his charts? Thank You and Regards, Cigarguy
cigarguy,

see post http://www.forexfactory.com/showthre...48#post7128848

Standard by BigE is
- ema period 5
- shift 2
- on typical price
fxFox (all times in my charts are GMT+1)
  • #27,999
  • Dec 4, 2013 7:28am Dec 4, 2013 7:28am
Quoting fxFox.mb
{quote} cigarguy, see post http://www.forexfactory.com/showthre...48#post7128848 Standard by BigE is - ema period 5 - shift 2 - on typical price
Thank you!

Regards,
Cigarguy
Keep It Simple
  • #28,000
  • Dec 4, 2013 7:37am Dec 4, 2013 7:37am
Quoting gregben
Hi, I have been watching the thread with great interest for a few weeks now and practicing the system. My problem is with the Heiken Ashi and/or the Synergy Indicators. I wish to change their colour as well as width, which when done, reverts back to the original colour and width whenever I reboot the platform or change to a different time frame. I have two different brokers that I trade with, Pepperstone and Go Markets, and the problem only occurs with Go Markets. Has anyone else had the same problem and if so, what did you do to rectify the problem?...

Hi Greg, I have exactly the same problem, which I posted here a week or so ago but didn't get any advice on how to resolve it and I still haven't been able to resolve it. Interesting it's not a problem at different brokers.
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