Trading Made Simple

Quoting Zoopots

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I received two emails asking about trading for bigger targets and not flinching when a few H4 candles go against us. So allow me to randomly pick a pair and show you what has taken me years to learn/discipline myself to do. Look at AUDUSD Daily below. Let's say we noticed it bounced off of the BN (big number) of .8900 back on 8/5/2013. We should realize that the pair bouncing off that BN is significant and note that on our Daily chart. Okay so things happen over the next 13 days (maybe we traded the bounce, maybe not) but we see price approaching...

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Quoting nsscott

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{quote} Hello Zoopots, Thanks for the thorough explanation. I have 2 questions...1. What is the DT Line? And 2. Big looked for slope at least to 2 and 4 o'clock. Do you use 1 and 5 only as an added filter of your own or did I miss something changed in the middle of the thread? Thanks! Scott

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Quoting eelfranz

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Training Chart... Every red verticle line denotes a proper trade set up on the TDI... There is 16 total. Well it looks like one or two MIGHT have been a small loser... oh my gosh... so using this method on a current chart... what does that make your winning percentage? If you decide to trade this Simple Method I recommend you go to your local hardware store and buy a wheelbarrow to carry your pips to the bank. I got mine gold plated... what color is yours SnarlyJ ? Every time I enter a trade I Expect To Win... right from...

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Quoting eelfranz

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Training Chart... ..........therefore the wheel barrow is required equipment to trade this simple method... {image}

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Quoting emmanuel7788

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{quote} Just to follow up and explain what I saw on my chart: Master candles are consolidation pattern which we use to trade. Exactly what post#261 tells us to do: "... look for consoldidation, ... " {image} Have a Great Trading Day 3 of this week. EMMANUEL Attachment {image}

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Quoting nsscott

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{quote} Hello Zoopots, Thanks for the thorough explanation. I have 2 questions...1. What is the DT Line? And 2. Big looked for slope at least to 2 and 4 o'clock. Do you use 1 and 5 only as an added filter of your own or did I miss something changed in the middle of the thread? Thanks! Scott

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Quoting Zoopots

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{quote} 2 & 4 o'clock will work. 1 & 5 o'clock has proven to me to show momentum better. The latter two are my personal filters. Regards

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Quoting as33156

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I shorted EURNZD. Cya in 4hr hours {image}

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Quoting Direwolf

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Mr. Aussie beat me again {image}

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Quoting GilR

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My 6am London trades from my yesterday Bizzle/Ballistica -- are they about right according to EF rules (I did cheat a little in that I set 30p TP for 90 p. Following EF would have been around 130p ( he was the master) {image}{image}{image} JUST NOTICED READING RULES AGAIN THAT EF CLOSED ALL POSITIONS AT THE OPEN OF 2PM BAR

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Quoting emmanuel7788

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{quote} Hi Tamiflu, My comments if you do not mind. First, I like clean charts like yours. When I do my top down analysis or Big Picture Planning I do it on clean charts and not be influence by other stuff which I have on lower timeframe chart which I use for trading only. I think your approach is a sound one and you need to keep to it consistently EMMANUEL

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Quoting as33156

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I shorted EURNZD. Cya in 4hr hours {image}

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Quoting GilR

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My 10am London entries. Pretty sure the EC trade was a trade the master would not have taken {image}{image}{image} Total +47 with the 6am trades +137p (not shabby at all stress free) Also yesterday daily trades UJ short +100 AJ short +23 CJ short +71 EG buy -41 Todays daily trades GU long UC short EU long

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