Trading Made Simple | Page 1762 | 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

  • #35,221
  • Apr 9, 2014 4:50am Apr 9, 2014 4:50am
Quoting GilR
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
I do not have much luck trading the daily. Since you trade the daily can you tell me your entries and stops, targets for the 3 pairs you took today. thanks
the cautious seldom err....C
  • #35,222
  • Apr 9, 2014 4:50am Apr 9, 2014 4:50am
Quoting Direwolf
Am I understanding correctly that the larger the signal candle, the more momentum it has? Would you be worried about the WRB (wide range bar) thing?
I have gain confidence from back-testing, If we have this big candles at the right time of day we should see a continuation on this trade... by studying the charts we can see we have a high chance of success with momentum.

There will be times when it will reverse on us and we take a loss but like big E said not much:
Attached Image (click to enlarge)
Click to Enlarge Name: SL 4 hour.png Size: 54 KB
Give yourself a chance and trade it like it's layed out...
  • #35,223
  • Apr 9, 2014 5:12am Apr 9, 2014 5:12am
Quoting Direwolf
{quote} 0.77 is a very well respected level. Kinda make sense to want to trade a bounce from it. I'm in H1 short trade as well.
Well the short is trully underway now
.... laughing all the way to the bank
  • #35,224
  • Apr 9, 2014 5:14am Apr 9, 2014 5:14am
Quoting timginter
-10 pips on EU... Pros: first bull candle, TDI angle ~1:30, bigger candle compared to previous ones, closed above PAC and 5MA (though it's not on that screenshot), stochastics going up Cons: MBL (yellow) curving down, overall TSL (red) direction down-ish since yesterday, after a "long" overbought uptrend Honestly, I feel I took it out of boredom, I was hoping it will brake yesterday's high and continue towards last week's high. Not too much room so 10 pips SL and TP{image} I'll appreciate comments if I missed something. Learning on my own mistakes,...
Big Round Number 1.38 I think. Really need a clean break above 1.38 to go long, or its just another stop run. Smart money is taking retail to the cleaners at that level. Look at the false breaks. It will keep trying and then "what goes up, must come down." Just my ten cents...
Attached Image (click to enlarge)
Click to Enlarge Name: 138eurusdh4.png Size: 48 KB
  • #35,225
  • Apr 9, 2014 5:16am Apr 9, 2014 5:16am
Quoting Bizzzle
{quote} I have gain confidence from back-testing, If we have this big candles at the right time of day we should see a continuation on this trade... by studying the charts we can see we have a high chance of success with momentum. There will be times when it will reverse on us and we take a loss but like big E said not much: {image}

On the subject of Big E , I've put together some of his training charts from the Craig Harris thread and TMS thread.

If anyone else finds them helpful, then they'll be worth sharing here

Find the files attached below.
Attached File(s)
File Type: pdf Training charts - CHS Thread.pdf   4.0 MB | 1,241 downloads
File Type: pdf Training charts - TMS Thread.pdf   8.3 MB | 1,425 downloads
Focus on the process and the profits will follow
  • #35,226
  • Apr 9, 2014 5:22am Apr 9, 2014 5:22am
Hi eelfranz

I fully agree good thread.
Want to learn more: HTO Trading
  • #35,227
  • Apr 9, 2014 5:23am Apr 9, 2014 5:23am
Quoting itsallover
{quote} Well the short is trully underway now
Agreed. Kudos to Zoopots. I thought at first it was a risky short given the LTF uptrend and scratty looking candles on the STF charts, but it bounced and got some decent money behind it now,
  • #35,228
  • Apr 9, 2014 5:25am Apr 9, 2014 5:25am
Very interesting Ballistic. I'll check tham out, thanks
Everything you can imagine, is real - Pablo Picasso
  • #35,229
  • Apr 9, 2014 5:33am Apr 9, 2014 5:33am
Quoting bdnfx86
Hi all Looking for some help w/ the cavemanager EA. It has recently closed a full position when I was attemtping to take partial profits (using batches*). Any advice would be apprecaited. I am testing on 0.03 lots. Goal: *1st (33%)TP at 25 pips and then SL to break even +2pips 2nd (33%) TP at 50 pips (free trade at this point) 3rd TP (0%), manual close for a potential runner Current Settings {image} {image} {image} all other settings are set to "false"
Still looking for help on this if anyone is able. Thanks
  • #35,230
  • Apr 9, 2014 5:34am Apr 9, 2014 5:34am
Quoting Ballistical
{quote} On the subject of Big E , I've put together some of his training charts from the Craig Harris thread and TMS thread. If anyone else finds them helpful, then they'll be worth sharing here Find the files attached below. {image} {image}
Thanks mate
Give yourself a chance and trade it like it's layed out...
  • #35,231
  • Apr 9, 2014 5:34am Apr 9, 2014 5:34am
Quoting hostwey
{quote} Agreed. Kudos to Zoopots. I thought at first it was a risky short given the LTF uptrend and scratty looking candles on the STF charts, but it bounced and got some decent money behind it now,

... it was nice to see... the high being tested and rejected
.... laughing all the way to the bank
  • #35,232
  • Apr 9, 2014 5:43am Apr 9, 2014 5:43am
Sorry to be a pin, I'm sure this has been discussed at the time, but is there a working version of the TDI indicator for the new MT4, or is there a way to get it to work? If you could just point me in the right direction, it would be much appreciated.
  • #35,233
  • Apr 9, 2014 5:45am Apr 9, 2014 5:45am
Quoting blamshakk
i am also trying the TMS daily system. can you share your entry criteria? and if possible your Cavemanager settings? im using MPTM but finding consistency a challenge. thanks {quote}
The entry criteria is the same as Big E's. Please find CaveManager settings attached.
Attached File(s)
File Type: pdf THV CaveManager EA v1.41.pdf   103 KB | 443 downloads
Those who know don't talk. Those who talk don't know.
  • #35,234
  • Apr 9, 2014 5:45am Apr 9, 2014 5:45am
Quoting hostwey
{quote} Big Round Number 1.38 I think. Really need a clean break above 1.38 to go long, or its just another stop run. Smart money is taking retail to the cleaners at that level. Look at the false breaks. It will keep trying and then "what goes up, must come down." Just my ten cents... {image}
Huge thanks. When I look at it now, especially on H4, it makes much more sense not to go in - H4 consolidation, engulfing bar at 6pm yesterday... always so clear AFTER the trade
  • #35,235
  • Edited 8:06am Apr 9, 2014 5:56am | Edited 8:06am
Long on EURCAD, although not a good entry as it is near to BRN and also is range bound on H4 but still hoping it will atleast 30 pips as TDI is in good shape and all the TFs are bullish except Weekly.

Its better to stay aside then to take a trade that sucks.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 24 KB
  • #35,236
  • Edited 6:13am Apr 9, 2014 6:02am | Edited 6:13am
Quoting timginter
{quote}Huge thanks. When I look at it now, especially on H4, it makes much more sense not to go in - H4 consolidation, engulfing bar at 6pm yesterday... always so clear AFTER the trade
Tell me about it!

Maybe a ST shorting opportunity if PA works out?
Attached Image (click to enlarge)
Click to Enlarge Name: channeleurusdh4.png Size: 52 KB
  • #35,237
  • Apr 9, 2014 6:17am Apr 9, 2014 6:17am
Quoting hostwey
{quote} Tell me about it! Maybe a ST shorting opportunity? {image}
I will.
PA is always playing tricks on me ... as soon as I adapt it changes again...should I trade higher timeframes?... no lower timeframes ?... both? maybe.... PA will still find a way to try and get those pips back from me
.... laughing all the way to the bank
  • #35,238
  • Apr 9, 2014 6:24am Apr 9, 2014 6:24am
I didn't really see any decent H4 trading opportunities last night around London open and i still don't see much. Momentum just isn't there.
  • #35,239
  • Apr 9, 2014 6:24am Apr 9, 2014 6:24am
GBPJPY 9 Apr GMT1122

waiting for a setup:

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY 9 Apr GMT1122.png Size: 32 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #35,240
  • Apr 9, 2014 6:33am Apr 9, 2014 6:33am
Just got back home after a day's outing and and I see some good potential trade setups as we approach New York Open.

have not check the news event calendar yet, so there are risk of news event in the US later today.

For Day chart traders, you may see a Day Double Inside Bar for this pair. Now you get a intraday H1 entry opportunity.
You have to decide if you are a Day chart trader.

Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD 9 Apr D1 DIB H1 Entry.png Size: 51 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
199 traders viewing now, 1 is registered:
Ibrahood