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Trading Made Simple

  • #35,601
  • Apr 11, 2014 10:20am Apr 11, 2014 10:20am
Quoting GilR
London 6am EJ +23; EURCHF -12 London 10am GN +33; EN +21 {image}{image} Nice total of +65 Daily Trades CBPCHF +19; EURGBP +9 Total +28 {image} Totals from Tuesday London Trades +211 less some commissions Daily Trades +384 less some commissions Thanks Bizzzle and Ballistica for showing the way

Impressive trades from you this week GilR

You and Bizzzle have done very well trading exotics recently so I might look at expanding my portfolio. (I've been trading the 8 pairs Big E discussed originally).

My results were somewhat less impressive:

Monday: +24

Tuesday: No trades

Wednesday: -33

Thursday: -3

Friday: No trades

Week 1 Total: -12

Not off to the best of starts but far from giving up yet See you all next week!
Focus on the process and the profits will follow
  • #35,602
  • Apr 11, 2014 10:30am Apr 11, 2014 10:30am
Quoting Phx62
My EUR/AUD H1 trades for this week......{image}
Thank you Phx62 for sharing your weekly trades ...great work I am so inspired
  • #35,603
  • Apr 11, 2014 10:44am Apr 11, 2014 10:44am
Quoting Phx62
My EUR/AUD H1 trades for this week......{image}
You are really proficient in this approach and the last time I asked you how you incorporate the breakout box from London and newyork in your trade and never hear from you. All the same, happy for your wonderful result and hope you keep it up.
  • #35,604
  • Apr 11, 2014 10:45am Apr 11, 2014 10:45am
Quoting zwirN
{quote} Nice work. But doesn't your excel sheet say differently on the bottom right? The optimal SL would be 30 Pips while aiming for R/R = 1 or better R/R =1.5 A SL of 40 Pips would gain the same return for R/R = 1 A SL of 50 Pips would always underperform concerning your numbers. 0.76*30-0.24*30 = 15.6 = 15.6/30 R 0.76*40-0.24*40 = 20.8 = 20.8/40 R 0.62*45-0.38*30 = 16.5 = 16.5/30 R
zwirN-

Here's what I come up with using your methodolgy:

Attached Image
  • #35,605
  • Apr 11, 2014 11:13am Apr 11, 2014 11:13am
Quoting mike1349
{quote} Thanks Phx62. Nice trades as usual.I was struggling with EJ for the last couple of days since it was range and I was looking forward to your charts to see how did you handle it but you traded EA. I was wondering do you have any specific strategy to pick a pair to trade or how you see a pair trending or in range? Thanks Mike
I look at the ADR to determine which pair I am going to focus on. The ADR for the EA pair has been among the top performers for several months so I focus on that pair right now. When trading one pair you learn the nuances of that pair after some time. It helps to understand how price might react in certain circumstances. I also look for pairs that don't have a lot of candles with long wicks at one or both ends. I look for pairs that move steadily up or down. Success to you......
  • #35,606
  • Apr 11, 2014 11:18am Apr 11, 2014 11:18am
Quoting akwunomy
{quote} You are really proficient in this approach and the last time I asked you how you incorporate the breakout box from London and newyork in your trade and never hear from you. All the same, happy for your wonderful result and hope you keep it up.
I'm think I did answer you but here goes again. I do not use the breakout box for entries or exits. My only purpose of having those boxes on the charts is to show me at a glance what the high or low of the session is and the total movement of the pair during each session.....no looking at dates and time.....the boxes show what I need at a glance. Have a good day.....
  • #35,607
  • Edited 12:39pm Apr 11, 2014 12:22pm | Edited 12:39pm
Week 4 day 4 of trading the 4 hour the same as the thread owner on page 1.

6am:

EJ- -5 pips

UJ- +2

10am: no trades

Total= -3 + -7= -10 pips and total for the 4 week of trading checking my computer 3 times a day +494 pips profit
Attached Image (click to enlarge)
Click to Enlarge Name: 11.04.png Size: 42 KB
Give yourself a chance and trade it like it's layed out...
  • #35,608
  • Apr 11, 2014 12:23pm Apr 11, 2014 12:23pm
Quoting Phx62
My EUR/AUD H1 trades for this week......{image}
Excellent stuff Phx62. Thanks for taking the time. Would like to print out that chart blow it up and hang it on the wall!
  • #35,609
  • Apr 11, 2014 12:48pm Apr 11, 2014 12:48pm
Quoting Phx62
My EUR/AUD H1 trades for this week......{image}

amazing!!!
  • #35,610
  • Apr 11, 2014 1:02pm Apr 11, 2014 1:02pm
Trading the 4 hour as seen on page one, opening my trades at 6am and 10am uk time and closing all trades at 2pm!

Week 1:

8 trades

7 wins

1 break-even

Total= +155 pips

Week 2:

16 trades

11 wins

2 break-evens

3 losses

Total= +243 pips

Week 3

19 trades

14 wins

1 break-even

4 loses

Total= +106 pips

Week 4

10 trades

4 wins

1 break-even

5 loses

total= -10 pips

Total for the month= 494 pips profit checking my computer 3 times a day!!

Wins: 36

Break-even: 5

Loses: 12

I must say its been an eye opener for me and I just have to thank Big E for all the hard work he done for us all to keep It Simple, RIP you great man and Thank you for thinking different to everyone else
Give yourself a chance and trade it like it's layed out...
  • #35,611
  • Apr 11, 2014 1:05pm Apr 11, 2014 1:05pm
Quoting Bizzzle
Trading the 4 hour as seen on page one, opening my trades at 6am and 10am uk time and closing all trades at 2pm! Week 1: 8 trades 7 wins 1 break-even Total= +155 pips Week 2: 16 trades 11 wins 2 break-evens 3 losses Total= +243 pips Week 3 19 trades 14 wins 1 break-even 4 loses Total= +106 pips Week 4 10 trades 4 wins 1 break-even 5 loses total= -10 pips Total for the month= 494 pips profit checking my computer 3 times a day!! Wins: 36 Break-even: 5 Loses: 12 I must say its been an eye opener for me and I just have to thank Big E for all the hard...
  • #35,612
  • Apr 11, 2014 1:10pm Apr 11, 2014 1:10pm
Quoting Bizzzle
Trading the 4 hour as seen on page one, opening my trades at 6am and 10am uk time and closing all trades at 2pm! Week 1: 8 trades 7 wins 1 break-even Total= +155 pips Week 2: 16 trades 11 wins 2 break-evens 3 losses Total= +243 pips Week 3 19 trades 14 wins 1 break-even 4 loses Total= +106 pips Week 4 10 trades 4 wins 1 break-even 5 loses total= -10 pips Total for the month= 494 pips profit checking my computer 3 times a day!! Wins: 36 Break-even: 5 Loses: 12 I must say its been an eye opener for me and I just have to thank Big E for all the hard...
Thank you Bizzzle for running the trial and opening my eyes too!

Certainly hope you'll be continuing with this as I hope to be able to achieve results like this one day
Focus on the process and the profits will follow
  • #35,613
  • Apr 11, 2014 1:13pm Apr 11, 2014 1:13pm
I am seeing lots of talk about EA's here and I remember that Big E said he doesn't want it discussed on his thread! Please respect his wishes guys:



Quoting emmanuel7788
{quote} the pdf description in in V16 which I last used. Then came V19. Please let's ask questions in that thread otherwise we flood this TMS thread with this EA stuff. http://www.forexfactory.com/showthread.php?t=292301 If you all do not mind me saying this.
Attached Image (click to enlarge)
Click to Enlarge Name: eric.png Size: 16 KB
Give yourself a chance and trade it like it's layed out...
  • #35,614
  • Apr 11, 2014 1:20pm Apr 11, 2014 1:20pm
Quoting Ballistical
{quote} Thank you Bizzzle for running the trial and opening my eyes too! Certainly hope you'll be continuing with this as I hope to be able to achieve results like this one day
Thanks mate

last thought for this week another great one from big E:

have a great weekend
Attached Image (click to enlarge)
Click to Enlarge Name: eric.png Size: 25 KB
Give yourself a chance and trade it like it's layed out...
  • #35,615
  • Apr 11, 2014 2:15pm Apr 11, 2014 2:15pm
Quoting Bizzzle
{quote} Thanks mate last thought for this week another great one from big E: have a great weekend {image}
Thank you Bizzzle youre works are very much appreciated "you rock"
  • #35,616
  • Apr 11, 2014 3:05pm Apr 11, 2014 3:05pm
Some good reading for the weekend:
Attached File(s)
File Type: pdf Best of BigE.pdf   130 KB | 728 downloads
Give yourself a chance and trade it like it's layed out...
  • #35,617
  • Apr 11, 2014 4:15pm Apr 11, 2014 4:15pm
Quoting hugecat
Has anyone experienced any problems with CaveManager EA? My trade UCad is up 25 Pips and it's supposed to move to BE but nothing happens.
Can you list the problems you are facing, maybe i can look into the matter
Sorry if you have mentioned it before but due to fast movement of thread and my busy schedule maybe i missed it.
I am not random, U just can't think as fast as me....
  • #35,618
  • Apr 11, 2014 5:30pm Apr 11, 2014 5:30pm
Quoting emmanuel7788
{quote} EURGBP H1 trade update: Trade move to BE+6pips. Now set TP and let that get stopped out. Now can stop the EA and log-off VPS.
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP H4 DIB trade update.png Size: 41 KB
{image}

Trade closed.
Trailing Sl hit.
Price eventually did reach the set TP level.


Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP H4 DIB trade closed.png Size: 40 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #35,619
  • Apr 11, 2014 5:32pm Apr 11, 2014 5:32pm
EURGBP D chart potential for next week16.
Note this pair has very small trading range compare to the USD majors.
But the pip $value is much higher ~ $15 per pip. EURUSD is $10 per pip.

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP D chart week 16.png Size: 35 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #35,620
  • Apr 11, 2014 5:45pm Apr 11, 2014 5:45pm
Week 15 Performance using TMS_V19 (Demo)
Attached Image (click to enlarge)
Click to Enlarge Name: CutLossesShortLetProfitRun.png Size: 27 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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