Trading Made Simple | Page 1706 | 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

  • #34,101
  • Mar 27, 2014 3:31am Mar 27, 2014 3:31am
Thanks again for sharing Zoopots. Very inspiring trades.

@Helenka - you missed my response? If you're already in it, I would say your stop should be below the swing. That would be my last straw. If price can break the low, it's 1-2-3 pattern confirmed and price will fall even further.

Attached Image
Everything you can imagine, is real - Pablo Picasso
  • #34,102
  • Mar 27, 2014 3:33am Mar 27, 2014 3:33am
Quoting Helanka
{quote} Thank you Emmauel Also pls advise foe below.What should i do for below trade.it is now -60 pip.SL is 100 pip.I enter it on my Live account. Thanks Helanka {image}

i sorted it at the same position with u.....are you shorting ? -60 pip ? daily is bear right?

sorry if i misunderstood you

regards

omonisha
Sad i'm not trying to understand PA
  • #34,103
  • Mar 27, 2014 3:39am Mar 27, 2014 3:39am
Quoting AndyP
Just a quick question re. support and reserve lines in Metatrader 4. If I use the monthly timeframe as a 'boss' chart and place major S and R lines on it, they seem to disappear if I change the template from the one I use for viewing charts with HA candles and the 'normal' template I sometimes use to see standard candles. Is there an easy way to preserve these long-term S and R lines on the charts as you switch between templates?
Hello AndyP,
I think if you Save Profile after you add the lines then they will stay.
Kan
Thanks for your help, warmth and straight talking Heather.
  • #34,104
  • Mar 27, 2014 3:50am Mar 27, 2014 3:50am
Quoting omonisha
{quote} i sorted it at the same position with u.....are you shorting ? -60 pip ? daily is bear right? sorry if i misunderstood you regards omonisha
i enter buy trade.How can you enter sell entry when that new candle open?
Pls advise


Thanks
Helanka
Helanka
  • #34,105
  • Mar 27, 2014 3:53am Mar 27, 2014 3:53am
Helenka. That blue candle you entered stopped right below RN - Round number. You need to be aware of these levels before you enter your trade.

I'll repost the image. EJ had been bouncing between 2 RN (140-141) for weeks so they are very important S/R you need to take into account.
Attached Image
Everything you can imagine, is real - Pablo Picasso
  • #34,106
  • Mar 27, 2014 4:10am Mar 27, 2014 4:10am
Quoting Helanka
{quote} i enter buy trade.How can you enter sell entry when that new candle open? Pls advise Thanks Helanka
EJ i pposted ..

  1. Post 34,085

i was thinking to go with daily.....as FO creats a blue candle pull back....i thought they want to sell..so i went down to lower TF for entry...


just that...and my entry

  1. Post 34,105

WK1 also bear in mt point of view


Regards

Omonisha


now closed...

i may be wrong too

Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 175 KB
Sad i'm not trying to understand PA
  • #34,107
  • Mar 27, 2014 4:34am Mar 27, 2014 4:34am
Quoting Direwolf
Irish - I would say you need to be able to follow your plan on demo first. What you need is not only discipline, but confidence as well. Only way to build confidence is you need to repeatedly have positive results and it's best to acquire that from demo first. Once you start a live account, you'll be bombard with emotion and the psychology side of trading. So it would be a good idea to nail down other aspects first so you can tackle psychology alone one live account.
Yea I have lots of prep work done every weekend. Always make a plan, etc.

With a demo account i have too much of a "oh well its only demo" mentality and it sees me entering bad trades.

I know you're right I should just learn to control myself!
  • #34,108
  • Mar 27, 2014 4:40am Mar 27, 2014 4:40am
Crazy move on GBP pairs. Anyone able to get on board?
Everything you can imagine, is real - Pablo Picasso
  • #34,109
  • Mar 27, 2014 4:45am Mar 27, 2014 4:45am
Quoting irishtoffy
{quote} Yea I have lots of prep work done every weekend. Always make a plan, etc. With a demo account i have too much of a "oh well its only demo" mentality and it sees me entering bad trades. I know you're right I should just learn to control myself!
Might help to have 'skin in the game.' Perhaps a micro account @ 10p per pip. Very tight stop loss.
  • #34,110
  • Mar 27, 2014 4:46am Mar 27, 2014 4:46am
Quoting Direwolf
Crazy move on GBP pairs. Anyone able to get on board?
Yeah that was the Retail sales news came in better than expected

I am long GJ
Give yourself a chance and trade it like it's layed out...
  • #34,111
  • Mar 27, 2014 4:48am Mar 27, 2014 4:48am
Quoting Direwolf
Crazy move on GBP pairs. Anyone able to get on board?
+60 on GU, all with a 7 pip stop

Im far to happy right now.
  • #34,112
  • Mar 27, 2014 4:48am Mar 27, 2014 4:48am
Quoting Kanderpro
{quote} Hello AndyP, I think if you Save Profile after you add the lines then they will stay. Kan

Thanks - that seemed to do the trick.
  • #34,113
  • Mar 27, 2014 4:48am Mar 27, 2014 4:48am
Quoting Direwolf
Crazy move on GBP pairs. Anyone able to get on board?
News came out. UK retail sales 1.7% v 0.5% forecast
  • #34,114
  • Mar 27, 2014 4:48am Mar 27, 2014 4:48am
Entered GJ on the break of box, but its in the middle, with TDI cross.
Attached Image (click to enlarge)
Click to Enlarge Name: Image2.png Size: 22 KB
  • #34,115
  • Mar 27, 2014 4:50am Mar 27, 2014 4:50am
Quoting Bizzzle
{quote} Yeah that was the Retail sales news came in better than expected I am long GJ
I am in the same trade too.
  • #34,116
  • Mar 27, 2014 4:54am Mar 27, 2014 4:54am
Guys,
I'm going Live with TMS Strategy on a 800$ account at present.
Was not getting any seriousness on demo accounts ... Will keep adding to account along with my confidence ...
Wish me Luck ......
Will keep updating results .........
  • #34,117
  • Mar 27, 2014 4:54am Mar 27, 2014 4:54am
My target for this trade hit to the t. Will it reverse from here?
Attached Image (click to enlarge)
Click to Enlarge Name: pic7.png Size: 80 KB
the cautious seldom err....C
  • #34,118
  • Mar 27, 2014 4:57am Mar 27, 2014 4:57am
Quoting adikashyap
Guys, I'm going Live with TMS Strategy on a 800$ account at present. Was not getting any seriousness on demo accounts ... Will keep adding to account along with my confidence ... Wish me Luck ...... Will keep updating results .........
Good Luck
Sad i'm not trying to understand PA
  • #34,119
  • Mar 27, 2014 5:02am Mar 27, 2014 5:02am
Quoting hostwey
{quote} Might help to have 'skin in the game.' Perhaps a micro account @ 10p per pip. Very tight stop loss.
That's what I was thinking.

Although my broker (FXCM UK) told me they do a minimum of $1 (pound) per pip. Don't know why
  • #34,120
  • Mar 27, 2014 5:09am Mar 27, 2014 5:09am
this one is paying
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdh1.png Size: 50 KB
the cautious seldom err....C
66 traders viewing now