Trading Made Simple | Page 2001 | 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

  • #40,001
  • Jul 21, 2014 12:21pm Jul 21, 2014 12:21pm
this entry would not be valid because the candle is 3. correct? thanks

Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-h4-fxdd-malta-usdjyp-ok 19.00.png Size: 109 KB
  • #40,002
  • Edited 12:42pm Jul 21, 2014 12:30pm | Edited 12:42pm
Quoting lamarga789
ok, but today I made 2 entries and the result has been: audusd +3 eu usdcad -33 eu I have not done anything wrong? I am novice in forex. I appreciate your help .{image}{image}
You need to look up more Price Action before entry, TDI can cross like made but all it gives are false signal, before confirming TDI cross, look up how pa acting, Price Action was making LL, and retesting that Low but was not intended to break that low, there was a mother candle that holds PA , so in selling you might be selling in the buy zone and vise versa

In this case selling the Lower High has higher probability of a trade working out rather than selling the Retest which might bonce the trade in the wrong direction
Attached Image (click to enlarge)
Click to Enlarge Name: USD_CAD.png Size: 61 KB
I Have Learned to Take Some Losses to Make Profits
  • #40,003
  • Jul 21, 2014 1:27pm Jul 21, 2014 1:27pm
thank you for your

comment
  • #40,004
  • Jul 21, 2014 4:29pm Jul 21, 2014 4:29pm
How's your trades been today guys?


anyone care to share their success story of today using this system :-)
Skype ID - jagpal.kooner1
  • #40,005
  • Jul 21, 2014 4:46pm Jul 21, 2014 4:46pm
Quoting jagpalsingh
How's your trades been today guys? anyone care to share their success story of today using this system :-)
Do you want to disburse Gold Medals or silver ones?
The Thief of Wall Street
  • #40,006
  • Jul 21, 2014 4:53pm Jul 21, 2014 4:53pm
Quoting Chicky
{quote} Do you want to disburse Gold Medals or silver ones?
Tell us about any trades you have done :-)
Skype ID - jagpal.kooner1
  • #40,007
  • Jul 21, 2014 5:09pm Jul 21, 2014 5:09pm
Quoting jagpalsingh
{quote} Tell us about any trades you have done :-)
Just a long bounce trade on euro/usd for few pips from almost a round number 1.3499 based on this: http://www.forexfactory.com/showthre...34#post7543334
The Thief of Wall Street
  • #40,008
  • Edited 6:08pm Jul 21, 2014 5:57pm | Edited 6:08pm
Quoting blamshakk
thanks for the info can i ask if you could upload a template as i noticed some MA's on there as well or tell us which MA's you have also what are your entry rules can you elaborate, eg for long is it higher timeframe TDI green above red, and current timeframe tdi green above red and also above mbl? but not necessarily TDI cross on current timeframe ? is that right from what i can see any help would be much appreciated looks like you are on to a winner with your method {quote}
Sorry for the delay blamshakk, I just got back today so catching up on the posts. I usually have on H1, the 10ema and 62 ema as price tends to bounce of those so I bear them in mind. On H4 I only really have the 10 ema as its good on all timeframes.

I look for a good signal on the timeframe I'm on coupled with the higher timeframe tdi moving in the same direction. Not necessarily a cross, if it has a good step up or down then I will take that into account. I also look at supply/demand areas.
  • #40,009
  • Jul 21, 2014 6:39pm Jul 21, 2014 6:39pm
Quoting lastingwell
{quote} Sorry for the delay blamshakk, I just got back today so catching up on the posts. I usually have on H1, the 10ema and 62 ema as price tends to bounce of those so I bear them in mind. On H4 I only really have the 10 ema as its good on all timeframes. I look for a good signal on the timeframe I'm on coupled with the higher timeframe tdi moving in the same direction. Not necessarily a cross, if it has a good step up or down then I will take that into account. I also look at supply/demand areas.

many thanks for your reply hope you had a nice vacation

can you comment on your exit strategy, and how long you can hold a h4 trade

thanks again
  • #40,010
  • Jul 21, 2014 7:18pm Jul 21, 2014 7:18pm
Quoting blamshakk
{quote} many thanks for your reply hope you had a nice vacation can you comment on your exit strategy, and how long you can hold a h4 trade thanks again
I wish it was a vacation. Had to go to my mothers because she has been unwell but she's on the mend now....if its not one parent its another

As far as exit strategies go I'm not really very good at them on the longer timeframes. I promise myself I will go to the next supply/demand area or when the higher timeframe tdi starts to turn, but if I see a decent amount of pips I tend to take them
  • #40,011
  • Jul 21, 2014 10:30pm Jul 21, 2014 10:30pm
hi, tms traders:
Can anyone post a working indicator so that I can attach to the chart and it will show the 'tdi cross' angle as big E laid out (12 to 2 & 4 to 6)? The 'clock' indicator already posted a few pages back in this thread doesn't work (I can't attach it to a chart). Any help appreciated! THX

or anyone can tell me how I can get 'clock' indicator to work on mt4? THX

Shuo
  • #40,012
  • Jul 21, 2014 10:48pm Jul 21, 2014 10:48pm
Quoting zhangshuo
hi, tms traders: Can anyone post a working indicator so that I can attach to the chart and it will show the 'tdi cross' angle as big E laid out (12 to 2 & 4 to 6)? The 'clock' indicator already posted a few pages back in this thread doesn't work (I can't attach it to a chart). Any help appreciated! THX or anyone can tell me how I can get 'clock' indicator to work on mt4? THX Shuo
this should be what you are looking for - don't know which one works, so give them a try and then you can show us what it looks like on a chart.

http://www.forexfactory.com/showthread.php?t=109305
"To live with Passion, it takes Courage and Grace to survive"
  • #40,013
  • Jul 21, 2014 11:08pm Jul 21, 2014 11:08pm
Quoting Britpip7
{quote} this should be what you are looking for - don't know which one works, so give them a try and then you can show us what it looks like on a chart. http://www.forexfactory.com/showthread.php?t=109305
hi, Britpip7, I am looking for an indicator that will show tdi green crossing red angle? are you sure this is the one
  • #40,014
  • Jul 21, 2014 11:49pm Jul 21, 2014 11:49pm
Quoting zhangshuo
{quote} hi, Britpip7, I am looking for an indicator that will show tdi green crossing red angle? are you sure this is the one
these are clock indicators - I don't have anything that shows the TDI cross as a signal
"To live with Passion, it takes Courage and Grace to survive"
  • #40,015
  • Jul 22, 2014 1:30am Jul 22, 2014 1:30am
Quoting zhangshuo
hi, tms traders: Can anyone post a working indicator so that I can attach to the chart and it will show the 'tdi cross' angle as big E laid out (12 to 2 & 4 to 6)? The 'clock' indicator already posted a few pages back in this thread doesn't work (I can't attach it to a chart). Any help appreciated! THX or anyone can tell me how I can get 'clock' indicator to work on mt4? THX Shuo

Hi Shuo please let me know when you get help am also looking for a working clock indicator
thankyou gregwilson
  • #40,016
  • Jul 22, 2014 1:30am Jul 22, 2014 1:30am
I was thinking about the pullback candle on H1 time frame , dreadfully wants to know how to trade that, I mean what preference do you gauge the pullback to enter trades, I see that they often prints 1 hours before LO or later when LO opens , or after US market news

Lastingwell, since you trade H1 with TDI, can you share your thoughts or the rules you follow before you decide to take that pullback candle , as simple they are and after merely almost 2 years in trading, I still not sure how to make up my mind about this nice formation, phx62 even based a lot of weight about this
I Have Learned to Take Some Losses to Make Profits
  • #40,017
  • Jul 22, 2014 1:59am Jul 22, 2014 1:59am
Quoting Britpip7
{quote} these are clock indicators - I don't have anything that shows the TDI cross as a signal
hi, Britpip7, just curious, since you don't know whether the angle of green crossing red is at 12 to 2, 4 to 6 or not, how do you determine whether a tdi green crossing red is tradable or not?
  • #40,018
  • Jul 22, 2014 2:57am Jul 22, 2014 2:57am
http://uk.reuters.com/article/2014/0...0FQ19M20140721
  • #40,019
  • Jul 22, 2014 7:29am Jul 22, 2014 7:29am
Quoting zhangshuo
{quote} hi, Britpip7, just curious, since you don't know whether the angle of green crossing red is at 12 to 2, 4 to 6 or not, how do you determine whether a tdi green crossing red is tradable or not?
Final comments with regards to TDI angle:

On your chart on H1 / H4 / Day, zoom in all the way - then zoom out twice - that is the setting Big E used for determining angles.

Place analog clock next to computer

If the TDI angle matches the angle of the hour hand from 12 o'clock to 2 o'clock - Long

If the TDI angle matches the angle of the hour hand from 4 o'clock to 6 o'clock - Short

I have never needed an indicator for this :-)
Attached Image
"To live with Passion, it takes Courage and Grace to survive"
  • #40,020
  • Jul 22, 2014 8:12am Jul 22, 2014 8:12am
First trade back, I had to go out so left it at 50 pip take profit didn't want to be greedy in this sort of market as I wouldn't be watching it. D1 tdi was looking like it might turn up when I took it, but it was such a lovely angle on the cross that I had to take it I was a bit late on the entry as I'd only just got up and looked at the charts but it had only moved around 9 pips it was also the 4th good attempt to break the demand area below.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURAUD22-07.gif Size: 31 KB
Click to Enlarge Name: EURAUD22-07(2).png Size: 59 KB
116 traders viewing now, 1 is registered:
H2U2