Trading Made Simple | Page 1733 | 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

  • #34,641
  • Apr 3, 2014 6:52am Apr 3, 2014 6:52am
Here's how I'm going to start trading this going forward.

I can only trade from D1 charts because of work commitments.

I'll be looking for my Bias from W1 charts.

When I get Green<Red<Yellow and market has broken above PAC I'll be looking to go long on D1.

When I get Green>Red>Yellow and market has broken below PAC I'll be looking to go short on D1.

I think Zoopots has the right approach to avoid getting chopped

I'm not going to be around for about two weeks but when I get back I'll put this into practice
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 3rd Apr 14 GBP:USD W1 Chart.png Size: 148 KB
Click to Enlarge Name: 3rd Apr 14 GBP:USD D1 Chart.png Size: 155 KB
  • #34,642
  • Apr 3, 2014 7:29am Apr 3, 2014 7:29am
Quoting azfarjaved
{quote} Congrats dear, i became glad on your positive trade.
Thank you az. I was a bit skeptical too but remember Zoopots mentioned TDI crossing from the bands is a powerful sign so I give it a shot. At worst it'll be a break even.
Everything you can imagine, is real - Pablo Picasso
  • #34,643
  • Apr 3, 2014 7:32am Apr 3, 2014 7:32am
Interesting... a pair of love 'n hate. The battle will be fierce!
Attached Image (click to enlarge)
Click to Enlarge Name: 2014-04-03_1932.png Size: 35 KB
Everything you can imagine, is real - Pablo Picasso
  • #34,644
  • Apr 3, 2014 7:47am Apr 3, 2014 7:47am
Quoting Zoopots
{quote} Take a peek at the analysis pics below: Weekly still a serious Buy and surfing the top of the PAC; Daily has tested the bottom of the PAC numerous times since late February (yellow circles) and if it does so again, it will near the 88.20 level; H4 gave a nice Sell signal but you have an uptrend line near 88.30 (which dovetails with what the Weekly and Daily charts are telling us)...so be ready to take profit in that area. It will be a gut check, though, because if PA on the H4 doesn't close above the PAC or TDI doesn't hook...then patience...

Hi Zoopots,


Once I enter a trade I set my cave-manage and forget it. So I don't have to deal with the stress of watching my money go up and down. Works great for me. On this trade I locked in 20 pips profit on the trade so not bad. New always seems to ruin my great trades though lol
MAY THE PIPS BE WITH YOU!
  • #34,645
  • Apr 3, 2014 8:07am Apr 3, 2014 8:07am
Took GJ which all the news is trying to be a downer on. It was a proper trade those TDI crossed below the TDI Yellow baseline which I then entered on the 2nd red candle.

Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpyh4.png Size: 57 KB
MAY THE PIPS BE WITH YOU!
  • #34,646
  • Apr 3, 2014 8:23am Apr 3, 2014 8:23am
Re-entered this trade after news took me out for 23 pips. Also took this trade
Attached Image(s) (click to enlarge)
Click to Enlarge Name: pic28.png Size: 60 KB
Click to Enlarge Name: pic29.png Size: 57 KB
the cautious seldom err....C
  • #34,647
  • Apr 3, 2014 8:36am Apr 3, 2014 8:36am
NJ hit my SL during NY open for +19 pips. Looks like I was kicked out a little early, but I'll take it
Attached Image (click to enlarge)
Click to Enlarge Name: 4-3-14 NJ short.jpg Size: 340 KB
  • #34,648
  • Apr 3, 2014 8:41am Apr 3, 2014 8:41am
Took this chf/jpy trade on 4HR but the daily and weekly are yet to break the PAC...what do you guys think on this trade...did I enter early
Attached Image (click to enlarge)
Click to Enlarge Name: chfjpyh4.png Size: 46 KB
  • #34,649
  • Apr 3, 2014 8:51am Apr 3, 2014 8:51am
Quoting akwunomy
Took this chf/jpy trade on 4HR but the daily and weekly are yet to break the PAC...what do you guys think on this trade...did I enter early {image}

Hi Akwunomy,

Yes you entered early and on a MASSIVE news candle. Hopefully it doesn't reverse on you and can make some decent pips. That was a no go for me
MAY THE PIPS BE WITH YOU!
  • #34,650
  • Apr 3, 2014 8:53am Apr 3, 2014 8:53am
Quoting as33156
Took GJ which all the news is trying to be a downer on. It was a proper trade those TDI crossed below the TDI Yellow baseline which I then entered on the 2nd red candle. {image}
Wish you all the best dude. I am already stuck up in 3-4 trades so cannot take more risk.
  • #34,651
  • Apr 3, 2014 9:10am Apr 3, 2014 9:10am
GJ is starting to move in our direction. Finally broken the low of previous candle, a good sign indeed.
Everything you can imagine, is real - Pablo Picasso
  • #34,652
  • Apr 3, 2014 9:13am Apr 3, 2014 9:13am
Quoting Direwolf
GJ is starting to move in our direction. Finally broken the low of previous candle, a good sign indeed.
Dear, Kindly advice, should i enter in this trade now or not?
  • #34,653
  • Apr 3, 2014 9:21am Apr 3, 2014 9:21am
Quoting azfarjaved
{quote} Dear, Kindly advice, should i enter in this trade now or not?
GJ is at support level, so really need a candle to close below that. Be careful of false break if you enter now. Current H1 candle is a news candle, and has 36 mins to close.
  • #34,654
  • Apr 3, 2014 9:25am Apr 3, 2014 9:25am
As Hostway said, it's now right on top of round number 172. There's no telling what it will do there. A few more pips I'll move my SL to BE.
Everything you can imagine, is real - Pablo Picasso
  • #34,655
  • Apr 3, 2014 9:25am Apr 3, 2014 9:25am
Quoting hostwey
{quote} GJ is at support level, so really need a candle to close below that. Be careful of false break if you enter now. Current H1 candle is a news candle, and has 36 mins to close.
Thanks dear.
  • #34,656
  • Apr 3, 2014 9:27am Apr 3, 2014 9:27am
taken some off. Not being greedy. Has been a good day so far
Attached Image(s) (click to enlarge)
Click to Enlarge Name: pic30.png Size: 58 KB
Click to Enlarge Name: pic31.png Size: 55 KB
Click to Enlarge Name: pic32.png Size: 49 KB
the cautious seldom err....C
  • #34,657
  • Apr 3, 2014 9:54am Apr 3, 2014 9:54am
CHF reversed hard so I closed my 2 daily pairs.
CHFJPY +45 pips
NZDCHF +60 pips
Attached Image (click to enlarge)
Click to Enlarge Name: 2014-04-03_2152.png Size: 19 KB
Everything you can imagine, is real - Pablo Picasso
  • #34,658
  • Apr 3, 2014 9:59am Apr 3, 2014 9:59am
Divergence on weekly EA chart . While i have also bullish bias on AUD . Anyone can see the same picture with me?
Attached Image (click to enlarge)
Click to Enlarge Name: euraud.jpg Size: 472 KB
  • #34,659
  • Apr 3, 2014 10:06am Apr 3, 2014 10:06am
Quoting Direwolf
GJ is starting to move in our direction. Finally broken the low of previous candle, a good sign indeed.
Indeed it is! I already took 30 pips off the table on half my position. I'm doing 2% per trade now that way when I close half I trade I make tidy profit. So up 50 pips so far today or .05% It would be so awesome if GJ tanks for 100+ pips. I would make 1.5% return on my bank today.
MAY THE PIPS BE WITH YOU!
  • #34,660
  • Apr 3, 2014 10:17am Apr 3, 2014 10:17am
My gold trade is out at BE. Looks like GJ is following lol.

No trade tomorrow for me.
Everything you can imagine, is real - Pablo Picasso
48 traders viewing now