Trading Made Simple | Page 1678 | 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

  • #33,541
  • Mar 23, 2014 7:27pm Mar 23, 2014 7:27pm
Quoting Emerald2112
{quote} buy or sell I was buy from friday but not sure now...looks flat to me at the moment? Sorry am new {image}
Sell


As33 did you grab GJ long?
  • #33,542
  • Mar 23, 2014 7:32pm Mar 23, 2014 7:32pm
This week I will try MM (Demo)

lots size based on SL30 and risk 2%

Caveman... SL35, Protection 15, Trail 20, TP45

But will close trade manually if need be.

I am "scalping" a 4 hr charts every hour

Aim is 2 to 3% to account daily 30 to 50 pips
  • #33,543
  • Edited 7:44pm Mar 23, 2014 7:34pm | Edited 7:44pm
Quoting GilR
{quote} Sell As33 did you grab GJ long?

Hi GilR,

I was in GA. GJ won't have a buy entry for me until the new 4hr candle in 30 minutes if it continues this way. I normally don't trade sundays though unless I have a trade still open from the previous week. My normal week starts the 12am 4hr candle on Monday's.

The current candle isn't Blue but the next candle may open blue which will give the members who like to enter at the beginning of the candle a very nice entry.
MAY THE PIPS BE WITH YOU!
  • #33,544
  • Mar 23, 2014 7:45pm Mar 23, 2014 7:45pm
Quoting GilR
{quote} Sell As33 did you grab GJ long?
Price went up to fill the weekend gap. I'm not sure if we should take that move up as a signal.
Everything you can imagine, is real - Pablo Picasso
  • #33,545
  • Mar 23, 2014 7:46pm Mar 23, 2014 7:46pm
Quoting as33156
{quote} Hi GilR, I was in GA. GJ won't have a buy entry for me until the new 4hr candle in 30 minutes if it continues this way. I normally don't trade sundays though unless I have a trade still open from the previous week. My normal week starts the 12am 4hr candle on Monday's. The current candle isn't Blue but the next candle may open blue which will give the members who like to enter at the beginning of the candle a very nice entry.
Ok

Have you changed to a gmt 3 broker? As I thought gmt 0 brokers closed 4 hr bar about 45 mins ago?
  • #33,546
  • Mar 23, 2014 7:54pm Mar 23, 2014 7:54pm
What daily profit expectations do you guys have. I means % to account.

What MM and trade management are you employing to achieve return?
  • #33,547
  • Mar 23, 2014 7:56pm Mar 23, 2014 7:56pm
Quoting GilR
{quote} Ok Have you changed to a gmt 3 broker? As I thought gmt 0 brokers closed 4 hr bar about 45 mins ago?

On sunday its mixed up because my broker opens trading at 5pm sundays. So next chart is at 9pm Eastern time for me. at midnight everything goes back to normal though and a new 4hr candle will appear at 12am

Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpyh4.png Size: 51 KB
MAY THE PIPS BE WITH YOU!
  • #33,548
  • Mar 23, 2014 7:57pm Mar 23, 2014 7:57pm
Quoting GilR
What daily profit expectations do you guys have. I means % to account. What MM and trade management are you employing to achieve return?
I try to keep my expectation pretty low... just 1 win a day.

My goal is to 1 day have enough confidence to increase lot size to risk 2-3% per trade at 1:1 return at least. Right now I can't, the stress is too much to bear. I need lots more screen time. Once I can get to that point, 2% per day won't be a dream anymore.
Everything you can imagine, is real - Pablo Picasso
  • #33,549
  • Mar 23, 2014 8:04pm Mar 23, 2014 8:04pm
GCAD just gave an early entry buy signal also guys. Best of luck!
MAY THE PIPS BE WITH YOU!
  • #33,550
  • Mar 23, 2014 8:05pm Mar 23, 2014 8:05pm
Closed my CJ trade as did not cross TDI my trading platform for BE

GJ is still going ok
  • #33,551
  • Mar 23, 2014 8:07pm Mar 23, 2014 8:07pm
Quoting as33156
GCAD just gave an early entry buy signal also guys. Best of luck!
I must add that one to the list
  • #33,552
  • Mar 23, 2014 8:49pm Mar 23, 2014 8:49pm
GJ got to +15 and then China news killed it
  • #33,553
  • Mar 23, 2014 8:49pm Mar 23, 2014 8:49pm
AUD pairs just made a move. audusd, ea, aj.

I quite like EA and AJ, they bounced right off RN
Everything you can imagine, is real - Pablo Picasso
  • #33,554
  • Mar 23, 2014 8:49pm Mar 23, 2014 8:49pm
EURNZD Possible reversal. H4 Chart has divergence as well.
Attached Image (click to enlarge)
Click to Enlarge Name: 3-23-14 EurNzd Long.jpg Size: 265 KB
  • #33,555
  • Mar 23, 2014 8:56pm Mar 23, 2014 8:56pm
Quoting GilR
GJ got to +15 and then China news killed it
It has come back from the dead
  • #33,556
  • Mar 23, 2014 9:01pm Mar 23, 2014 9:01pm
Quoting GilR
What daily profit expectations do you guys have. I means % to account. What MM and trade management are you employing to achieve return?
I like the simplicity of this system. Therefore, my weekly goal (being a part time trader for now) I look at things on a weekly basis. Last week, I took 2 trades with a 7.01% gain in demo account. This week, I will look to execute 4 trades (expecting 3 to be good) and look for a 10-12% net gain on those trades.

I, in the mean-time; my personal goal is to make it through page #600 (I'm on 34 now) of the thread; study PA on different pairs (I was heavy on UE back in the day) and just continue to get my head back into the game for when I go back live (no set time on that yet).

This is not a sprint for me anymore, it's a marathon. A hard, disciplined and patient approach will be in order and I will share my experience in this journey with this thread, but its not going to happen overnight.

Seereye
Pip what you see; See what you pip!
  • #33,557
  • Mar 23, 2014 9:03pm Mar 23, 2014 9:03pm
Did not take any of the AU pairs as they were WRB candles
  • #33,558
  • Mar 23, 2014 9:05pm Mar 23, 2014 9:05pm
Quoting SeerEye
{quote} I like the simplicity of this system. Therefore, my weekly goal (being a part time trader for now) I look at things on a weekly basis. Last week, I took 2 trades with a 7.01% gain in demo account. This week, I will look to execute 4 trades (expecting 3 to be good) and look for a 10-12% net gain on those trades. I, in the mean-time; my personal goal is to make it through page #600 (I'm on 34 now) of the thread; study PA on different pairs (I was heavy on UE back in the day) and just continue to get my head back into the game for when I go...
So around 2 to 3% average a day without STRESS
  • #33,559
  • Mar 23, 2014 9:09pm Mar 23, 2014 9:09pm
Quoting GilR
{quote} So around 2 to 3% average a day without STRESS
yup;
Pip what you see; See what you pip!
  • #33,560
  • Mar 23, 2014 9:10pm Mar 23, 2014 9:10pm
Quoting GilR
GJ got to +15 and then China news killed it

Set it and forget it man. Let your Cave-manager do the work for you. That's Big E's way
MAY THE PIPS BE WITH YOU!
54 traders viewing now