Trading Made Simple | Page 1717 | 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

  • #34,321
  • Mar 30, 2014 11:03pm Mar 30, 2014 11:03pm
GU Just gave a short entry so I'm shorting it! Cya in another 4hrs

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 60 KB
MAY THE PIPS BE WITH YOU!
  • #34,322
  • Mar 30, 2014 11:26pm Mar 30, 2014 11:26pm
I am in GU short too..looking good to me.
  • #34,323
  • Mar 30, 2014 11:38pm Mar 30, 2014 11:38pm
Good luck! I'm already in AU so I won't be entering GU. AU gave me an engulfing bar and a broke lower out of the box.

May the pip be with us all.
Attached Image
Everything you can imagine, is real - Pablo Picasso
  • #34,324
  • Edited 12:58am Mar 31, 2014 12:29am | Edited 12:58am
Hi Folks,

Today Frankfurt Open and London Open will be one hour earlier after DayLight Saving DST change on Sunday.
FO will be in about 30 minutes. LO one hour following that.

No trading for me today, just watching all the monthly candles close today and sit back relax, do some housekeeping and backups on my computers and VPS.

Trade Safe.

EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #34,325
  • Mar 31, 2014 1:25am Mar 31, 2014 1:25am
Quoting emmanuel7788
Hi Folks, Today Frankfurt Open and London Open will be one hour earlier after DayLight Saving DST change on Sunday. FO will be in about 30 minutes. LO one hour following that. No trading for me today, just watching all the monthly candles close today and sit back relax, do some housekeeping and backups on my computers and VPS. Trade Safe. EMMANUEL

Hi Emmanuel,

I thought about looking into VPS a while ago but I have always been a little paranoid of people being able to see what im doing and what indicators/methods I use. what is your experience with them? Also where you able to come up with some charts of proper bounce trade entries?

I hope you had a great weekend Thanks in advance!
MAY THE PIPS BE WITH YOU!
  • #34,326
  • Mar 31, 2014 2:03am Mar 31, 2014 2:03am
Quoting emmanuel7788
Here is a TOK_5H breakout trade example using EJ Same way how we use the TDI, APB and the PAC. And a few basic trading rules you have to think of and follow. look at the chart below. {image}
Hi emmanuell,

in that chart of TOK_5H breakouts you've marked the MBL with arrows.

There where the MBL was sloping down (and additionally the TDI PL and SigL were below the MBL) a profitable breakout to the downside occured.
And on friday, when the MBL was sloping up with PL and SigL crossing above the MBL, the breakout to the downside stopped and turned into an upside move.

As conclusion: The location and slope of the MBL helps to filter out the more likely profitable breakout direction of the TOK_5H channel.

=> Was that what you wanna tell us?

fxfox
fxFox (all times in my charts are GMT+1)
  • #34,327
  • Mar 31, 2014 2:17am Mar 31, 2014 2:17am
Here are two good candidates for TOK_5H breakout trading.

Remember, you need a Plan A and a Plan B to trade this way. Sometimes, a Plan C wil also necessary.

Attached Image (click to enlarge)
Click to Enlarge Name: EJ 31 Mar TOK-5H Breakout trading.png Size: 49 KB


Attached Image (click to enlarge)
Click to Enlarge Name: GJ 31 Mar TOK_5H breakout trading.png Size: 49 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #34,328
  • Mar 31, 2014 2:22am Mar 31, 2014 2:22am
Quoting fxFox.mb
{quote} Hi emmanuell, in that chart of TOK_5H breakouts you've marked the MBL with arrows. There where the MBL was sloping down (and additionally the TDI PL and SigL were below the MBL) a profitable breakout to the downside occured. And on friday, when the MBL was sloping up with PL and SigL crossing above the MBL, the breakout to the downside stopped and turned into an upside move. As conclusion: The location and slope of the MBL helps to filter out the more likely profitable breakout direction of the TOK_5H channel. => Was that what you wanna...

remember the TDI is actually three movbing averages of the RSI(13) data.
using the green, red and yellow, we can see the short term price momentum and the slightly longer term price momentum.
when trading in lower TF like H1 and M15, use these three lines -

BUY when green above red amd above yellow,
SELL when green below red, below yellow,
use the PAC and look at the candles and their size.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #34,329
  • Mar 31, 2014 2:29am Mar 31, 2014 2:29am
Quoting as33156
{quote} Hi Emmanuel, I thought about looking into VPS a while ago but I have always been a little paranoid of people being able to see what im doing and what indicators/methods I use. what is your experience with them? Also where you able to come up with some charts of proper bounce trade entries? I hope you had a great weekend Thanks in advance!

Hi as22156,

For a few years I used commercially available VPS providers. Experience with one was good and the two were not good. Do not want to mention any names here. None of them were by any brokers. Some brokers do provide andf offer VPS service.
Since last year, my team decided to use a datacentre colocation service providers and we host our own Window server and manage that on our own. Cost wise more expensive but we share the overall costs and worth the privacy. Two of my team members take care of the server administration and other stuff we co-host.

regards,

EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #34,330
  • Edited 2:51am Mar 31, 2014 2:31am | Edited 2:51am
JESUS F-ING! It's like this week is starting off the same as like week. You basically have to keep taking trades that go with the trend no matter what your indicators tell you because these trends are so freaking Strong. I'm going to get my 25 pip SL hit on GU really soon. WTF!!!!!!!! Note to self don't go against the trend or you will have another crappy week like last week I'm mean seriously this is F-ing ridiculous!!!!
MAY THE PIPS BE WITH YOU!
  • #34,331
  • Mar 31, 2014 2:35am Mar 31, 2014 2:35am
Quoting emmanuel7788
{quote} Hi as22156, For a few years I used commercially available VPS providers. Experience with one was good and the two were not good. Do not want to mention any names here. None of them were by any brokers. Some brokers do provide andf offer VPS service. Since last year, my team decided to use a datacentre colocation service providers and we host our own Window server and manage that on our own. Cost wise more expensive but we share the overall costs and worth the privacy. Two of my team members take care of the server administration and other...
But in the days of 'always on' high speed broadband connections why would you need a VPS? Hope this isn't veering too much off topic!
  • #34,332
  • Mar 31, 2014 2:39am Mar 31, 2014 2:39am
Quoting as33156
JESUS F-ING! It's like this week is starting off the same as like week. You basically have to keep taking trades that go with the trend no matter what your indicators tell you because these trends are so freaking Strong. I'm going to get my 25 pip SL hit on GU really soon. WTF!!!!!!!! Note to see don't go against the trend or you will have another crappy week like last week I'm mean seriously this is F-ing ridiculous!!!!

It is not His fault
  • #34,333
  • Mar 31, 2014 2:47am Mar 31, 2014 2:47am
Quoting as33156
JESUS F-ING! It's like this week is starting off the same as like week. You basically have to keep taking trades that go with the trend no matter what your indicators tell you because these trends are so freaking Strong. I'm going to get my 25 pip SL hit on GU really soon. WTF!!!!!!!! Note to see don't go against the trend or you will have another crappy week like last week I'm mean seriously this is F-ing ridiculous!!!!
GU is a tricky one though, especially to short. Someone always seems to step in and buy it.
  • #34,334
  • Mar 31, 2014 2:48am Mar 31, 2014 2:48am
Quoting hostwey
{quote} But in the days of 'always on' high speed broadband connections why would you need a VPS? Hope this isn't veering too much off topic!
Broadband in my city is complete junk no matter which provider cable or phone company. My broadband goes out a least 30 times a day. some times for a few seconds sometimes for up to 30 minutes. Like I look at my platform not to long ago and it said that I was down only 5 pips then my platform popped back on and because the net come on again and then it said I was down freaking 20 pips. I went to the 1min charts to look at the time i was off and it was over 15mins. This always happens. So VPS is something i need to seriously look into the the amount of money I have on the line.
MAY THE PIPS BE WITH YOU!
  • #34,335
  • Mar 31, 2014 2:50am Mar 31, 2014 2:50am
Quoting hostwey
{quote} GU is a tricky one though, especially to short. Someone always seems to step in and buy it.
News comes out in 40minutes on GBP. I'm seriously debating cutting my loses because I don't want this POS jumping 80 pips for some BS news.
MAY THE PIPS BE WITH YOU!
  • #34,336
  • Mar 31, 2014 2:55am Mar 31, 2014 2:55am
Quoting as33156
{quote} News comes out in 40minutes on GBP. I'm seriously debating cutting my loses because I don't want this POS jumping 80 pips for some BS news.
Well its only Net Lending to Individuals m/m and money supply. But as UK is basically a giant bank and house prices, I guess thats pretty important
  • #34,337
  • Mar 31, 2014 2:57am Mar 31, 2014 2:57am
Quoting hostwey
{quote} But in the days of 'always on' high speed broadband connections why would you need a VPS? Hope this isn't veering too much off topic!

many other factors to consider when we decide on using a VPS.
data speed is just one, but all datacentres have high bandwidth pipes to the Internet cloud.
VPS provide you with 24-hours uninterrupted power supply and you run your trade management EA without any disruption.
better still, find a broker who is in the same city and even better in the same colocation facility.
....
lot more.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #34,338
  • Mar 31, 2014 2:59am Mar 31, 2014 2:59am
Quoting MrAussieFX
{quote} Mike here you go, I believe this might help you. {image} {file} {file} Regards

Good one, thanks MrAussieFx.

Just change the paramter to show the first 5 hours of the Tokyo session... and you will see the high-low.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #34,339
  • Mar 31, 2014 3:12am Mar 31, 2014 3:12am
Quoting emmanuel7788
{quote} many other factors to consider when we decide on using a VPS. data speed is just one, but all datacentres have high bandwidth pipes to the Internet cloud. VPS provide you with 24-hours uninterrupted power supply and you run your trade management EA without any disruption. better still, find a broker who is in the same city and even better in the same colocation facility. .... lot more.
Basically you are an High frequency/ TMS trader ?
  • #34,340
  • Mar 31, 2014 3:12am Mar 31, 2014 3:12am
Quoting as33156
{quote} News comes out in 40minutes on GBP. I'm seriously debating cutting my loses because I don't want this POS jumping 80 pips for some BS news.
As,
After last week's results on TMS method I decided to look for confirmation and exits on H1 using EASY method with PAC. I know it makes decisions more complicated but it sure gives opportunity to exit when the 4H trade goes other way. Hope it helps.
Attached File(s)
File Type: pdf E.A.S.Y.Method.pdf   1.8 MB | 561 downloads
Those who know don't talk. Those who talk don't know.
60 traders viewing now