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Trading Made Simple

  • #41,081
  • Sep 16, 2014 12:16am Sep 16, 2014 12:16am
GU Sell

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Kindest Regards
  • #41,082
  • Sep 16, 2014 12:40am Sep 16, 2014 12:40am
Hi R00M$,

Again a nice trade, GbpChf. Entry at TOK5, with small SL 30, I believe this baby gonna rock. +40pips now, SL to BE++.
Going to slumber for a while.
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  • #41,083
  • Sep 16, 2014 12:44am Sep 16, 2014 12:44am
Quoting froglicker
{quote} I'd mail you some Malaysian coffee, but as it is I'm running out of my own stash, how does a frap sound? {quote} Will be doing my own backtest when i get off work, maybe tonight. Prolly won't be able to monitor LO later on, having a work meeting. Thanks for the encouragement! In other trades, an XAU M5 scalp when everyone was out for extended lunch +13pips {image}
Hey,

Froglicker, only get malaysian CHEK HUP coffee. That's the strongest and the best at the moment. Don't get a wrong brand.
  • #41,084
  • Sep 16, 2014 1:10am Sep 16, 2014 1:10am
one more win with this beautiful system :-)
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  • #41,085
  • Sep 16, 2014 1:17am Sep 16, 2014 1:17am
GBPUSD Sell update

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Kindest regards
  • #41,086
  • Sep 16, 2014 1:28am Sep 16, 2014 1:28am
Now this is what I like to see.... let's hope continue... SELL GBP.
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  • #41,087
  • Edited 4:16am Sep 16, 2014 1:39am | Edited 4:16am
EA long scalping targeting 30 pips. Soon I will set SL to BE and go away. I stopped trading Forex for a long time due to low ADR, but now I started looking at EA and GJ again. I found gold and oil are more interesting for now.
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EDIT: BE out. What a shame...
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #41,088
  • Edited 6:12am Sep 16, 2014 1:40am | Edited 6:12am
G/Y trade hit Tp for 65 greens. G/U locked in at b/e+33 and E/A at b/e+3. Out at 33 and 3 pips respectively
Attached Image(s) (click to enlarge)
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the cautious seldom err....C
  • #41,089
  • Sep 16, 2014 2:13am Sep 16, 2014 2:13am
Quoting heispark
EA long scalping targeting 30 pips. Soon I will set SL to BE and go away. I stopped trading Forex for a long time due to low ADR, but now I started looking at EA and GJ again. I found gold and oil are more interesting for now. {image}
What are the MAs you have on the charts (5EMA shift 2 typical price? close? open? and...?)
Thank you very much!
  • #41,090
  • Sep 16, 2014 3:28am Sep 16, 2014 3:28am
Quoting MidnightRun
{quote} What are the MAs you have on the charts (5EMA shift 2 typical price? close? open? and...?) Thank you very much!
Yes, what are shown in my chart are 5EMA (shift2 typical price), 50 EMA and 200 EMA. You don't need them anyway...
My apology for irrelevant stuff shown on my chart.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #41,091
  • Sep 16, 2014 3:42am Sep 16, 2014 3:42am
hi amilate,

would u be able to share the currency strength indicator...the one u have on ur chart a few posts above

Regards

Dennis
  • #41,092
  • Sep 16, 2014 3:46am Sep 16, 2014 3:46am
Quoting dennis4u15
hi amilate, would u be able to share the currency strength indicator...the one u have on ur chart a few posts above Regards Dennis
Sure, it's an old product, I manage to do a quick grab earlier. Hope helpful.
Attached File(s)
File Type: mq4 #4X 2010 Forex Power.mq4   5 KB | 406 downloads
  • #41,093
  • Sep 16, 2014 3:49am Sep 16, 2014 3:49am
Well, decided just a quick grab +50 on Gbpchf. I had to go out.

Green PIPS everyone.
Cheers
  • #41,094
  • Sep 16, 2014 4:23am Sep 16, 2014 4:23am
Thanks for all the info here. I'm new to trading and a mate of mine who's been trading a while said if I want a good system to start out with Google Trading Made Simple and I did and I found two places, this one and a website with the same name as this thread. Looks like you've got to pay for stuff there and he also starts going on about biblical stuff and God lol. Is it the same system? Has anyone used it?
Ardua Ad Astra Per
  • #41,095
  • Edited 5:35am Sep 16, 2014 5:20am | Edited 5:35am
One thing I've picked up over the years, never lock b/e when a new candle opens... Just locked b/e, waiting this out patiently, with US news ahead. I have the feeling I will be taken out anyway, but oh well... 1 pip is 1 pip. Fingers crossed.

edit: out with 1 pip
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  • #41,096
  • Sep 16, 2014 5:40am Sep 16, 2014 5:40am
USoil shot up@CAD news. luckily I collected my green pips.
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Appreciation is the key to wealth and happiness
  • #41,097
  • Sep 16, 2014 5:49am Sep 16, 2014 5:49am
UCAD short at LO
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Appreciation is the key to wealth and happiness
  • #41,098
  • Sep 16, 2014 6:06am Sep 16, 2014 6:06am
Quoting WDays
One thing I've picked up over the years, never lock b/e when a new candle opens... Just locked b/e, waiting this out patiently, with US news ahead. I have the feeling I will be taken out anyway, but oh well... 1 pip is 1 pip. Fingers crossed. edit: out with 1 pip {image}
Had exactly the same entry. But the trade situation is not perfect as for me, so i took very small risk. I am still in with a very small profit for now.
Not the best situation because of TDI position: the cross of green and red was above MBL and 50, and MBL and 50 were very close to each other. Not the best TDI signal, Lastingwell explained such situations very clear some weeks ago.
  • #41,099
  • Sep 16, 2014 6:17am Sep 16, 2014 6:17am
Cad/Y taken where blue line is. Locked at b/e+. G/A taken more than an hour ago, underwater slightly
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the cautious seldom err....C
  • #41,100
  • Sep 16, 2014 6:18am Sep 16, 2014 6:18am
Quoting toledoFX
{quote} Had exactly the same entry. But the trade situation is not perfect as for me, so i took very small risk. I am still in with a very small profit for now. Not the best situation because of TDI position: the cross of green and red was above MBL and 50, and MBL and 50 were very close to each other. Not the best TDI signal, Lastingwell explained such situations very clear some weeks ago.
You misinterpret what LW has said. Firstly, to my knowledge, LW barely pays any attention to MBL position since she uses a higher timeframe TDI on her chart. Secondly, flat TDI lines near the 50 is what you mean, and the point is that there is little to no momentum at times when all lines hover around the 50 line (just look at the night session prior to today's london session). Third, using the 50 line as a way to filter long and short trades is way too conservative for me. It would mean missing out on way too much pippage, especially in a less trending market.

Lastly, this trade would have worked out but that crappy NY candle took me out because of the fact that I pay roughly 2.5 pips spread for euraud trades... It's my bad, because I should have locked breakeven much later, but since I wasn't monitoring closely I rathered this scenario, than coming back and seeing a 40 pip SL hit.

Green pips to you
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