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Trading Made Simple

  • #28,301
  • Dec 19, 2013 12:41pm Dec 19, 2013 12:41pm
Quoting Bizzzle
check out this video it might give you some hints: http://www.compassfx.com/video/ip/70212/70212.html
A most valuable post.

Thank you
  • #28,302
  • Dec 19, 2013 1:22pm Dec 19, 2013 1:22pm
When we see candles with no tails or very little ones, we should know that we are in a good trade...

I have got that picture zoom in for you, now the green line is the open of the candle or beginning of a trade! Once that candle closes where do you think the best place to put your SL??

Back- test guys it will really help!!

Another hint, once a candle changes colour on the 4 hour, how often does the low of the first blue candle and high of the first red candle get taken out??

Best of luck guys
Attached Image (click to enlarge)
Click to Enlarge Name: PA 2.png Size: 15 KB
Give yourself a chance and trade it like it's layed out...
  • #28,303
  • Dec 19, 2013 7:22pm Dec 19, 2013 7:22pm
Quoting Phx62
Have been very busy with my business, trading and family but for those interested, here are my trades for this week, so far. All the trades are pretty much self explanatory. Triangles indicate pullback candle reversal formations and straight white lines indicate double/triple tops or bottoms, usually followed by consolidation or inside bars (reversal patterns). All trades confirmed by TDI crosses. One BE trade followed by a re-entry. Happy Holidays to all......{image}

Hi Phx62,

I have read your PDF I and II twice and its amazing that how you manage to close the bad trades at BE or small loss and stay in winning ones with patience. Is there an exercise we should do to copy your emotions. Most of the time when trade goes against some of us we don't close and wait for its reversal. In your last chart you have a BE trade which finally went into your direction later and you re-enter to made your profit. I believe with this simple system, if we control our emotions and work mechanically, we all be successful. Please provide your expert advise?

Thanks.
  • #28,304
  • Dec 19, 2013 8:04pm Dec 19, 2013 8:04pm
Quoting Bizzzle
When we see candles with no tails or very little ones, we should know that we are in a good trade... I have got that picture zoom in for you, now the green line is the open of the candle or beginning of a trade! Once that candle closes where do you think the best place to put your SL?? Back- test guys it will really help!! Another hint, once a candle changes colour on the 4 hour, how often does the low of the first blue candle and high of the first red candle get taken out?? Best of luck guys {image}
Dear Bizzle,

Thank you very much for your valuable inputs on price action. I was with mind set of looking at bullish rejection, bearish rejection and pin bar etc for price action. This is really eye opener and simple.

Thanks
Manoj
  • #28,305
  • Dec 19, 2013 8:14pm Dec 19, 2013 8:14pm
Quoting manoj_3986
{quote} Dear Bizzle, Thank you very much for your valuable inputs on price action. I was with mind set of looking at bullish rejection, bearish rejection and pin bar etc for price action. This is really eye opener and simple. Thanks Manoj
I wonder how much money Bizzle has saved and earned for people with a couple posts.....

Thanks greatly.!!
  • #28,306
  • Dec 19, 2013 8:18pm Dec 19, 2013 8:18pm
Quoting Blaiserboy
{quote} I wonder how much money Bizzle has saved and earned for people with a couple posts..... Thanks greatly.!!
  • #28,307
  • Dec 19, 2013 8:28pm Dec 19, 2013 8:28pm
Quoting Bizzzle
When we see candles with no tails or very little ones, we should know that we are in a good trade... I have got that picture zoom in for you, now the green line is the open of the candle or beginning of a trade! Once that candle closes where do you think the best place to put your SL?? Back- test guys it will really help!! Another hint, once a candle changes colour on the 4 hour, how often does the low of the first blue candle and high of the first red candle get taken out?? Best of luck guys {image}

I think the best place to put the SL is at BE after entry candle close. Because the only time SL will hit once the candle color change again which should be exit point anyways.
  • #28,308
  • Dec 19, 2013 8:31pm Dec 19, 2013 8:31pm
Quoting Tiggrrr
made some simple little modifications to my trading plan. lets see how it goes. usd/jpy entered short. {image}
It seems to be very risky to go short against strong up trend and there is a red event of JPY monitory policy statement.
  • #28,309
  • Dec 19, 2013 9:45pm Dec 19, 2013 9:45pm
Quoting manoj_3986
{quote} It seems to be very risky to go short against strong up trend and there is a red event of JPY monitory policy statement.

i know. closed it before reached S/L. Was just testing out new modifications.
Take what the market gives you.
  • #28,310
  • Dec 19, 2013 11:14pm Dec 19, 2013 11:14pm
Quoting Bizzzle
check out this video it might give you some hints: http://www.compassfx.com/video/ip/70212/70212.html
LIKE this video!

Thank you!
  • #28,311
  • Dec 19, 2013 11:15pm Dec 19, 2013 11:15pm
Quoting hoperich
{quote} Hi Phx62, I have read your PDF I and II twice and its amazing that how you manage to close the bad trades at BE or small loss and stay in winning ones with patience. Is there an exercise we should do to copy your emotions. Most of the time when trade goes against some of us we don't close and wait for its reversal. In your last chart you have a BE trade which finally went into your direction later and you re-enter to made your profit. I believe with this simple system, if we control our emotions and work mechanically, we all be successful....
Thank you....but it really isn't amazing.....anyone can do it with lots of practice, discipline and trade management application. As you may have read in the PDF's, my best trades are when I look for the first couple of hours of London to set a high or low of the session and then enter, based on the TMS method and on price action, candle formations and/or TDI confirmation. Sometimes the market doesn't cooperate but most of the time, it works. I try to manage the trade until it gets into profit 21 pips and then let the EA close the trade if price returns to the entry price. When I am able to monitor the trade, I may move the TP &/or SL, based on momentum/market volume. When I don't monitor the trade, price will hit the set TP or BE. My advise is to do lots of back testing, forward testing, learn price action and what normally happens when price creates certain candle formations. Please watch the video that Bizzle posted a couple of posts ago. There are lots of clues in that video.....learn them and use what you learn. Trading IS simple if you keep it simple. Once you learn patience and gain an understanding of how the market moves most of the time, it becomes second nature to trade. Be a sniper, not a machine gunner.....wait for the exact setup, at the right time of day, and then pull the trigger instead of taking every possible cross of the TDI when there isn't any momentum. Five or six trades a week, taken at the right times can provide a steady income. Success to you.......
  • #28,312
  • Dec 20, 2013 12:06am Dec 20, 2013 12:06am
Quoting Bizzzle
check out this video it might give you some hints: http://www.compassfx.com/video/ip/70212/70212.html
I remember seeing his first video with the ABP 3 years ago. completely forgot about it. It seems like there are some advantages to using ABP over heiken ashi, though i don't use them myself
Dives est, cui tanta possessio est, ut nihil optet amplius
  • #28,313
  • Edited 1:37am Dec 20, 2013 1:03am | Edited 1:37am
http://www.synergyprotrader.com/index_1022012.html

Does anyone have a SYNERGY PRO? it will help so much...

thanks!
  • #28,314
  • Dec 20, 2013 1:19am Dec 20, 2013 1:19am
Quoting Phx62
{quote} Thank you....but it really isn't amazing.....anyone can do it with lots of practice, discipline and trade management application. As you may have read in the PDF's, my best trades are when I look for the first couple of hours of London to set a high or low of the session and then enter, based on the TMS method and on price action, candle formations and/or TDI confirmation. Sometimes the market doesn't cooperate but most of the time, it works. I try to manage the trade until it gets into profit 21 pips and then let the EA close the trade...
Thanks Sir, this is the process and steps in trading that I try to achieve
I Have Learned to Take Some Losses to Make Profits
  • #28,315
  • Dec 20, 2013 1:51am Dec 20, 2013 1:51am
Quoting skyhawkps
http://www.synergyprotrader.com/index_1022012.html Does anyone have a SYNERGY PRO? it will help so much... thanks!

this might help
Attached File(s)
File Type: ex4 Synergy_APB(2).ex4   4 KB | 647 downloads
File Type: mq4 Synergy_RangeFactor.mq4   18 KB | 717 downloads
File Type: mq4 Synergy_MTF.mq4   27 KB | 759 downloads
File Type: mq4 Synergy_Trade_Targets.mq4   36 KB | 754 downloads
File Type: mq4 Synergy_TradeSignal.mq4   26 KB | 761 downloads
File Type: mq4 Synergy_Continuation.mq4   18 KB | 748 downloads
File Type: mq4 Synergy_Volatility.mq4   19 KB | 744 downloads
  • #28,316
  • Dec 20, 2013 2:35am Dec 20, 2013 2:35am
Quoting Blaiserboy
{quote} this might help {file} {file} {file} {file} {file} {file} {file}

Thank you for your reply. Synergy APB(2)--> its work but the others won't... even i reboot my computer already. It could be the reason it doesn't work 'cause of my broker!?

Thank you!
  • #28,317
  • Dec 20, 2013 2:49am Dec 20, 2013 2:49am
Quoting skyhawkps
{quote} Thank you for your reply. Synergy APB(2)--> its work but the others won't... even i reboot my computer already. It could be the reason it doesn't work 'cause of my broker!? Thank you!
I do not think is because of your broker.... try to compile them and see what the errors may be. might be quite simple to fix.....

Please be sure you have them in the correct folder.....

Other than that I don't know, at one time they worked for me....... not for a couple years have I tried to use them
  • #28,318
  • Dec 20, 2013 2:55am Dec 20, 2013 2:55am
Quoting skyhawkps
{quote} Thank you for your reply. Synergy APB(2)--> its work but the others won't... even i reboot my computer already. It could be the reason it doesn't work 'cause of my broker!? Thank you!
Same here; Synergy APB works, but all the others do not work... Maybe because of "copyrights"?
There`s no life before COFFEE!
  • #28,319
  • Dec 20, 2013 4:17am Dec 20, 2013 4:17am
Quoting Blaiserboy
{quote} I do not think is because of your broker.... try to compile them and see what the errors may be. might be quite simple to fix..... Please be sure you have them in the correct folder..... Other than that I don't know, at one time they worked for me....... not for a couple years have I tried to use them

Quoting jalkok
{quote} Same here; Synergy APB works, but all the others do not work... Maybe because of "copyrights"?


" copyrights" - It could be!

Whoever download the files... pls let us know if it work in your system?
  • #28,320
  • Dec 20, 2013 5:20am Dec 20, 2013 5:20am
Quoting skyhawkps
http://www.synergyprotrader.com/index_1022012.html Does anyone have a SYNERGY PRO? it will help so much... thanks!
-> http://forexwinners.net/forex/synergy-pro/
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