Trading Made Simple | Page 1583 | 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

  • #31,641
  • Mar 4, 2014 2:50am Mar 4, 2014 2:50am
WRB = wide range bar? Meaning bar which got much larger than the ones around it?
Everything you can imagine, is real - Pablo Picasso
  • #31,642
  • Mar 4, 2014 2:55am Mar 4, 2014 2:55am
Quoting Direwolf
WRB = wide range bar? Meaning bar which got much larger than the ones around it?

yes, WRB just looking at the price bar high to low and comparing that to recent candles.

not considering the body size.

A Wide Range Candle WRC is different, we look at the body size , i.e. the open to close.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #31,643
  • Edited 3:10am Mar 4, 2014 2:58am | Edited 3:10am
AU week 10:

Look at AU, it is bullish on H1, we shall see when this rally will end then we decide if we take the side of sellers.

Read my AU week 10 Big Picture Planning.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #31,644
  • Mar 4, 2014 3:07am Mar 4, 2014 3:07am
Quoting Direwolf
{quote} Nice trade hoperich! May I ask about the pcrf a bit please? Which candles were your pcrf? 123 or 234? And which pattern was it? {image}
Don't focus too much looking for PCRF and not look at the big picture of all the price action..

Attached Image


- what is candle 1?

- what are candles 2 and 3?

- what about candle 6 which you did not label?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #31,645
  • Mar 4, 2014 3:17am Mar 4, 2014 3:17am
Quoting emmanuel7788
{quote} waiting game ....if your want to be buyer. {image}
Yeah, I didn't enter. Shorted and scalped 10 pips on a pullback. M15 TDI and M1 Ichimoku/Supply/Demand indicated the enter. Waiting on news.
Those who know don't talk. Those who talk don't know.
  • #31,646
  • Mar 4, 2014 3:35am Mar 4, 2014 3:35am
Quoting emmanuel7788
{quote} Don't focus too much looking for PCRF and not look at the big picture of all the price action.. {image} - what is candle 1? - what are candles 2 and 3? - what about candle 6 which you did not label?
Let's see. Please correct me if I'm wrong

1 is an inside bar
2 and 3 together would blend into a pin bar
4 5 looks like small indecision bars?
6 is an outside bar

So I have a couple options.
- enter when price broke higher than 2+3 blended
- enter at the close of 6
- enter when price broke higher than 1+2+3+4+5 blended

?
Everything you can imagine, is real - Pablo Picasso
  • #31,647
  • Mar 4, 2014 3:40am Mar 4, 2014 3:40am
Quoting Direwolf
{quote} Let's see. Please correct me if I'm wrong 1 is an inside bar 2 and 3 together would blend into a pin bar 4 5 looks like small indecision bars? 6 is an outside bar So I have a couple options. - enter when price broke higher than 2+3 blended - enter at the close of 6 - enter when price broke higher than 1+2+3+4+5 blended ?

you need to see on your chart, which of these H1 candles will show you a H4 TDI cross, 12-2, ...that would be the high probability setup candle.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #31,648
  • Mar 4, 2014 4:03am Mar 4, 2014 4:03am
Hmm.. On my chart that would be candle 7

This makes a lot of sense... Thanks EMU
Attached Image (click to enlarge)
Click to Enlarge Name: 2014-03-04_1704.png Size: 35 KB
Everything you can imagine, is real - Pablo Picasso
  • #31,649
  • Mar 4, 2014 4:07am Mar 4, 2014 4:07am
Quoting emmanuel7788
{quote} you need to see on your chart, which of these H1 candles will show you a H4 TDI cross, 12-2, ...that would be the high probability setup candle.
6 after it has made a HL-HH?
  • #31,650
  • Mar 4, 2014 4:36am Mar 4, 2014 4:36am
Quoting darranforex
Thank you Lastingwell and Niktrad, I understand that there must be something I don’t understand. I’ve attached pictures of my two trades from last night that I placed after glancing at the last set of H4 candles before I went to bed at 9:30pm here in Bangkok. BKK is exactly 12hrs difference from NY time. Placing trades and getting out of them is no problem for me, if I’m awake. The problem is, I go to bed just about the time NY gets rolling. The dichotomy is that I’d like to stay up and trade, however I have a beautiful Thai wife who draws me in...
Hi Darranforex

It does look odd. If you upload a copy of the settings file you are using (click save from the properties window) I could try it here. I have HotForex and Alpari and I could try it on both.
  • #31,651
  • Mar 4, 2014 4:40am Mar 4, 2014 4:40am
Should i hold it ?


Best regards,

Fx94
Attached Image (click to enlarge)
Click to Enlarge Name: 213123123231232312323.png Size: 39 KB
  • #31,652
  • Mar 4, 2014 4:48am Mar 4, 2014 4:48am
Quoting Fx94
Should i hold it ? Best regards, Fx94 {image}
Almost identical trade!

Although I think it is a late entry, but I was not at the computer when the 1st blue CS appeared.

I vote hold anyway!
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpyh4.png Size: 50 KB
  • #31,653
  • Mar 4, 2014 4:50am Mar 4, 2014 4:50am
Quoting Fx94
Should i hold it ? Best regards, Fx94 {image}
some think is push this up? sorry that a 1 min chart
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy.png Size: 46 KB
  • #31,654
  • Mar 4, 2014 4:54am Mar 4, 2014 4:54am
Quoting redfan
{quote} some think is push this up? {image}
Russian president 'stepping away' from using force in Ukraine.
  • #31,655
  • Mar 4, 2014 4:58am Mar 4, 2014 4:58am
Quoting Fx94
Should i hold it ? Best regards, Fx94 {image}
I am in this trade but got in on the hourly last night, same trade as hoperich, I am targeting 140.90!!

Stops now at Breakeven!!

Best of luck
Attached Image (click to enlarge)
Click to Enlarge Name: EJ 04.03.png Size: 63 KB
Give yourself a chance and trade it like it's layed out...
  • #31,656
  • Mar 4, 2014 5:04am Mar 4, 2014 5:04am
Quoting niktrad
{quote} Hi Darranforex It does look odd. If you upload a copy of the settings file you are using (click save from the properties window) I could try it here. I have HotForex and Alpari and I could try it on both.
Thanks, I'll do that.
  • #31,657
  • Mar 4, 2014 5:11am Mar 4, 2014 5:11am
Quoting irishtoffy
{quote} Russian president 'stepping away' from using force in Ukraine.
I like this Russian president. TALK. NO WAR.
  • #31,658
  • Mar 4, 2014 5:21am Mar 4, 2014 5:21am
I was just a little bit excited and nervous. This was my first live trade. Here is the chart. Exited to early but i was in positive

Best regards.

Fx94
Attached Image (click to enlarge)
Click to Enlarge Name: first live trade.png Size: 35 KB
  • #31,659
  • Mar 4, 2014 5:25am Mar 4, 2014 5:25am
Quoting Fx94
I was just a little bit excited and nervous. This was my first live trade. Here is the chart. Exited to early but i was in positive Best regards. Fx94 {image}
Great to hear your now trading live...

Its a lot of stress when you first start live... just make sure you have a trade plan with rules and stick to them

Best of luck
Give yourself a chance and trade it like it's layed out...
  • #31,660
  • Mar 4, 2014 5:36am Mar 4, 2014 5:36am
Guys I'm curious. When it's time to adjust clock for day light savings, do the charts adjust the time they give new candle to match it as well?
Everything you can imagine, is real - Pablo Picasso
89 traders viewing now, 1 is registered:
hassan65