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Monitor for 'Trading Made Simple' system 565 replies

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Trading Made Simple

  • #41,881
  • Oct 7, 2014 9:43am Oct 7, 2014 9:43am
Quoting cchersia
{quote} You right Master Oil! I hope you in the same green way! Thanks!!!
I was tired since oil was choppy before 9am est. just out of my short for 50 green. Thank you.
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Appreciation is the key to wealth and happiness
  • #41,882
  • Oct 7, 2014 9:52am Oct 7, 2014 9:52am
Quoting likica
{quote} I was tired since oil was choppy before 9am est. just out of my short for 50 green. Thank you. {image}
You made it!
Good Job!
I am learning (OIL) everyday with your post!
  • #41,883
  • Edited 10:10am Oct 7, 2014 9:54am | Edited 10:10am
Had enough of waiting and have to go out, so took +80 on it in the end, 16.8% on the account balance not too shabby Edit: This is where it now carries on down to my original TP
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  • #41,884
  • Oct 7, 2014 10:11am Oct 7, 2014 10:11am
EURJPY Sell Trade Following up on post #41,775

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I made a mistake on this trade and will not repeat it again
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Why didn't I re-enter the trade ?

I missed the entry on next candle and now this candle has already moved 70+ pips and Average daily range too. Heading towards the support zone. It is better to find another opportunity when the trade enter the zone and test it again to give the signal that follows the overall trend. Better if weekly breaks through this zone and gives us another opportunity to sell where next support is around 400 pips down,as I see it.

Attached Image (click to enlarge)
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Comments welcome.

Kindest Regards
  • #41,885
  • Oct 7, 2014 10:21am Oct 7, 2014 10:21am
Quoting likica
{quote} indi as attached. hope it s the right one
It is, thanks again, blank template set up with it already just showing market hours as i wanted, fibs and pivots turned of, gee there's a lot in that one indicator
Attached Image
"You know what needs to be addressed , completely completely reverse that".
  • #41,886
  • Oct 7, 2014 10:34am Oct 7, 2014 10:34am
Quoting pips29
shorts taken. Earlier long on Uchf was a loss {image} {image}
Is that a paid indicator on the bottom you have there Pips29? Or is it somewhere I can download it?

Thanks
  • #41,887
  • Oct 7, 2014 10:59am Oct 7, 2014 10:59am
Another 2 trades for today. Again terrible exits... Especially GBP/JPY, which was +43 just few mins ago, and didn't get to TP just few pips. Had to close it manually with +23 pips. GBP/USD closed because i have to go out of the office, don't like to leave the trades open when i am not near computer... Sad that i am always missing so many pips when price goes my way. That's the thing to learn more...
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  • #41,888
  • Oct 7, 2014 11:02am Oct 7, 2014 11:02am
Quoting fxtrain
{quote} Is that a paid indicator on the bottom you have there Pips29? Or is it somewhere I can download it? Thanks
It is a free indicator from fxcm. It is a TDI bar indicator
the cautious seldom err....C
  • #41,889
  • Edited 12:58pm Oct 7, 2014 12:47pm | Edited 12:58pm
Quoting toledoFX
Another 2 trades for today. Again terrible exits... Especially GBP/JPY, which was +43 just few mins ago, and didn't get to TP just few pips. Had to close it manually with +23 pips. GBP/USD closed because i have to go out of the office, don't like to leave the trades open when i am not near computer... Sad that i am always missing so many pips when price goes my way. That's the thing to learn more... {image} {image}
There you go, let me join you by breaking my won rule for 2 consecutive days, yesterday GU long, took +26 before checking EMA 10 on M15 and took the exit from M5 since PA closed below EMA 10

Today the same story goes by, I exit GU long before checking M15 PA and EMA 10 , the exact same story, until these rule find their way into my subconsciousness I will keep repeating the same mistakes over and over again, but with time this simple rule can makes unbelievable amount of pips
Attached Image (click to enlarge)
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I Have Learned to Take Some Losses to Make Profits
  • #41,890
  • Oct 7, 2014 12:50pm Oct 7, 2014 12:50pm
Quoting pips29
{quote} It is a free indicator from fxcm. It is a TDI bar indicator
Strange! I can't find in my mt4
  • #41,891
  • Oct 7, 2014 5:04pm Oct 7, 2014 5:04pm
I am using TS2 and not MT4
the cautious seldom err....C
  • #41,892
  • Oct 7, 2014 5:07pm Oct 7, 2014 5:07pm
Quoting pips29
I am using TS2 and not MT4
Ok. No wonder, thanks
  • #41,893
  • Oct 7, 2014 5:12pm Oct 7, 2014 5:12pm
Xaphod has most of the indicators for TMS on MT4
the cautious seldom err....C
  • #41,894
  • Oct 7, 2014 6:40pm Oct 7, 2014 6:40pm
Quoting TheScorpS
{quote} There you go, let me join you by breaking my won rule for 2 consecutive days, yesterday GU long, took +26 before checking EMA 10 on M15 and took the exit from M5 since PA closed below EMA 10 Today the same story goes by, I exit GU long before checking M15 PA and EMA 10 , the exact same story, until these rule find their way into my subconsciousness I will keep repeating the same mistakes over and over again, but with time this simple rule can makes unbelievable amount of pips {image}
pardon me ScorpS, what s the numbers (white cirles) and its meanings useful for tms? Thank you.
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Appreciation is the key to wealth and happiness
  • #41,895
  • Oct 7, 2014 7:17pm Oct 7, 2014 7:17pm
Morning R00ms,

Just a quick update on EA traded. Hmm sort of nightmare trade. I was on short trip to bangkok. Heck.. Android MT4 with TDI.. looks Bad..

Monday shorted EA @ 1.43708... manage to gain 5pips on Tuesday after Dingdong for -70pips.
Tuesday 1st Long @ 1.43689 ... SL hit 30pips.
Again 2nd Long @ 1.43319 ... TP 50 not hit. Closed manually earlier on 44pips

Overally this 44+5-30 = 19pips

No more trading. It's tough reading TDI in android phone. Haizz... Luckily still greenish after Roller coaster. Phew...
  • #41,896
  • Oct 7, 2014 7:21pm Oct 7, 2014 7:21pm
hi amilate,

Just wanted to know if u just trade EUr/Aud.. I had a really bad day...started with a 20 pip win on EUR/USd but then traded a few crosses and lost over 80 pips.. really bad day yesterday...think its better to look at a few pairs and be patient.

Regards
  • #41,897
  • Oct 7, 2014 7:25pm Oct 7, 2014 7:25pm
Quoting amilate
Morning R00ms, Just a quick update on EA traded. Hmm sort of nightmare trade. I was on short trip to bangkok. Heck.. Android MT4 with TDI.. looks Bad.. Monday shorted EA @ 1.43708... manage to gain 5pips on Tuesday after Dingdong for -70pips. Tuesday 1st Long @ 1.43689 ... SL hit 30pips. Again 2nd Long @ 1.43319 ... TP 50 not hit. Closed manually earlier on 44pips Overally this 44+5-30 = 19pips No more trading. It's tough reading TDI in android phone. Haizz... Luckily still greenish after Roller coaster. Phew...

Quoting dennis4u15
hi amilate, Just wanted to know if u just trade EUr/Aud.. I had a really bad day...started with a 20 pip win on EUR/USd but then traded a few crosses and lost over 80 pips.. really bad day yesterday...think its better to look at a few pairs and be patient. Regards
Well, take a look at EURNZD and GBPNZD D charts. Breakout potential.
Plan your recovery trades and make the multiple R's returns.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #41,898
  • Oct 7, 2014 7:26pm Oct 7, 2014 7:26pm
Quoting likica
{quote} pardon me ScorpS, what s the numbers (white cirles) and its meanings useful for tms? Thank you. {image}
It is the range of the Asian session in pips. The green lines are the high and low
  • #41,899
  • Oct 7, 2014 7:31pm Oct 7, 2014 7:31pm
Quoting dennis4u15
hi amilate, Just wanted to know if u just trade EUr/Aud.. I had a really bad day...started with a 20 pip win on EUR/USd but then traded a few crosses and lost over 80 pips.. really bad day yesterday...think its better to look at a few pairs and be patient. Regards
yeah dennis, I trade mainly EA for now, 80%. I think I will stick to this pair for a while, as I'm still studying price pattern which posted by the PRO's earlier.

Yeah most of time, if we stick to single pair, we get less signal... But I don't want to jump on to many guns cause. I still want to practise and study more
before I move into multiple pair.
  • #41,900
  • Oct 7, 2014 7:33pm Oct 7, 2014 7:33pm
Quoting emmanuel7788
{quote} {quote} Well, take a look at EURNZD and GBPNZD D charts. Breakout potential. Plan your recovery trades and make the multiple R's returns.
Thanks Emman, for your tips.

Guess I have to stop trading with the mobile. Wait till I reach home.

Green pips to all.
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