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Trading Made Simple

  • #42,941
  • Oct 29, 2014 7:31am Oct 29, 2014 7:31am
Quoting Kouroushi
{quote} Dear Emmanuel, Could I say my GBPNZD had the same approach? {image}
Update GBPNZD:
+29 pips minus 9 rediculously spread = +20pips
Remaining is only the 1/6 of the trade.
Thanks WDays for the Terminal thing
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  • #42,942
  • Oct 29, 2014 7:38am Oct 29, 2014 7:38am
Quoting WDays
{quote} Excellent yourself bro I'm too shortfused to keep profits running, it starts pissing me off at some point (ask LW lol) and I just want it to be over... I don't use multiple positions, so I don't exit one and keep one running Well done, and more green to us all! {quote} I started locking breakeven only after price has run in my favor for 30 pips, what's more I've found that when the LO candle goes hard, the next one is usually a very deep retracement that may take you out if you lock b/e too soon. As per LW's advice, I use the built-in...
Thank you for your answer! I use the same built-in mt4 trailing stop, but i set it at 21-23 pips. And you are right, it ofter hit my BE after entering at LO candle. Thank you for advice, next time will see and maybe try not to lock BE so soon.
  • #42,943
  • Oct 29, 2014 7:45am Oct 29, 2014 7:45am
Quoting umairsheikh2
{quote} Okay I have take some entries here, please kindly check... Is it okay? {image} {image} {image} {image} {image} {image} {image} {image} These are my first attempted with this system. Please also let me know if I am missing any indicator or important part in this strategy. Thanks. Umee
I have closed some trade manually. Here is result for 4H Charts!

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I Win, I Lose, It's my Job... And I Love it!
  • #42,944
  • Oct 29, 2014 7:54am Oct 29, 2014 7:54am
GOLD SL HIT for yesterday 4H Chart!

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I Win, I Lose, It's my Job... And I Love it!
  • #42,945
  • Oct 29, 2014 8:00am Oct 29, 2014 8:00am
@Kouroushi and @WDays ...

What is terminal thing? Why you have changed TDI?
I Win, I Lose, It's my Job... And I Love it!
  • #42,946
  • Oct 29, 2014 8:06am Oct 29, 2014 8:06am
Quoting umairsheikh2
@Kouroushi and @WDays ... What is terminal thing? Why you have changed TDI?
No... That's funny... Shame on me... I didn't know how to show my entry & exit on the chart... That's done by going to your terminal & drag the trade form your history to the chart...
  • #42,947
  • Oct 29, 2014 8:08am Oct 29, 2014 8:08am
Quoting umairsheikh2
@Kouroushi and @WDays ... What is terminal thing? Why you have changed TDI?
They haven't changed the tdi they have the market base line showing.
  • #42,948
  • Oct 29, 2014 8:12am Oct 29, 2014 8:12am
Quoting lastingwell
{quote} They haven't changed the tdi they have the market base line showing.
So that's not important because OLD TDI without market baseline and new TDI with market baseline works same?
I Win, I Lose, It's my Job... And I Love it!
  • #42,949
  • Oct 29, 2014 8:13am Oct 29, 2014 8:13am
Quoting Kouroushi
{quote} Update GBPNZD: +29 pips minus 9 rediculously spread = +20pips Remaining is only the 1/6 of the trade. Thanks WDays for the Terminal thing {image}
Darn Alpari I don't know if you're trading live, or have yet to setup an account, but choose your broker carefully... I've tried Alpari, FXCM and a few others before I went FXDD. I'm happy with my spreads more or less, but thinking of changing soon.
  • #42,950
  • Oct 29, 2014 8:16am Oct 29, 2014 8:16am
Quoting umairsheikh2
{quote} So that's not important because OLD TDI without market baseline and new TDI with market baseline works same?
The TDI settings are exactly the same, the only difference is my TDI shows the marketbase line while yours doesn't - it's that goldenrod line.
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  • #42,951
  • Oct 29, 2014 8:21am Oct 29, 2014 8:21am
Quoting Sesamstrasse
first trade this week , EJ h4 .. 18 dempopips in a loss . Just didn´t like the action in smaller TF´s and leave the office soon for a next meeting , One question for the better experiented " TMS traders" .. Is it a good or a bad idea to view smalller TF´s for exit trades in this Strategy ????? so no time to view the next candle open h45 in around 2 1/2 hours . I´m still in profit with my demoacount , around 150 pips since 3 1/2 weeks . My observationn in h4 is a little different to H1 in a first view the last weeks demoing. Normally I can take "...
WDays would you mind sharing that pip counter in the bottom right coner of your screen or tell me the name so I can locate it Thanks in advance
Trade what you see .
  • #42,952
  • Oct 29, 2014 8:23am Oct 29, 2014 8:23am
Quoting WDays
{quote} The TDI settings are exactly the same, the only difference is my TDI shows the marketbase line while yours doesn't - it's that goldenrod line. {image}
Thank you so much for clarification. You are REAL star of this thread

What do you say about my today entries for H1 charts? I am playing on demo account and try to learn this strategy!!

Regards.
Umee
I Win, I Lose, It's my Job... And I Love it!
  • #42,953
  • Oct 29, 2014 8:30am Oct 29, 2014 8:30am
Quoting umairsheikh2
{quote} Thank you so much for clarification. You are REAL star of this thread What do you say about my today entries for H1 charts? I am playing on demo account and try to learn this strategy!! Regards. Umee
Not at all, in fact subscribing to Lastingwell was probably the best thing I ever did for my trading career

Quoting dano858
{quote} WDays would you mind sharing that pip counter in the bottom right coner of your screen or tell me the name so I can locate it Thanks in advance
It's the pipsometer, you should be able to find it somewhere in the paperclip, if you can't just hit me up I'll post it.
  • #42,954
  • Oct 29, 2014 8:32am Oct 29, 2014 8:32am
Quoting Ollisen
{quote} For me seems not a good idea to short EA while TDI in H4 shows UP-Trend still ongoing.
Hi Ollisen
sorry for the delay, I have the MTF TDI on my charts but forgot to take notice. Thanks for the heads up..
  • #42,955
  • Oct 29, 2014 8:33am Oct 29, 2014 8:33am
Quoting WDays
{quote} Darn Alpari I don't know if you're trading live, or have yet to setup an account, but choose your broker carefully... I've tried Alpari, FXCM and a few others before I went FXDD. I'm happy with my spreads more or less, but thinking of changing soon.
I know... however unfortunately Alpari is my only choice... this is live WDays...
  • #42,956
  • Oct 29, 2014 8:34am Oct 29, 2014 8:34am
Quoting likica
{quote} I am a full time trader Heispark. It s all about lifestyle so I need to change my habit to free myself from screening time. I am still trading Oil from M5 M15 during NY as usual (my main focus)
Cool! Please share your charts often. I want to learn from you.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #42,957
  • Oct 29, 2014 8:41am Oct 29, 2014 8:41am
Quoting umairsheikh2
{quote} Thank you so much for clarification. You are REAL star of this thread What do you say about my today entries for H1 charts? I am playing on demo account and try to learn this strategy!! Regards. Umee
I hope this helps, feedback from others would be great too
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  • #42,958
  • Oct 29, 2014 8:42am Oct 29, 2014 8:42am
Please check my today entries for 1H Charts:

From this post:
http://www.forexfactory.com/showthre...93#post7831493

Thanks.
Umee
I Win, I Lose, It's my Job... And I Love it!
  • #42,959
  • Oct 29, 2014 8:45am Oct 29, 2014 8:45am
Quoting umairsheikh2
Please check my today entries for 1H Charts: From this post: http://www.forexfactory.com/showthre...93#post7831493 Thanks. Umee
I did, reply is right above your post

About TP, I use the average range. In a wide-ranging market or a trending market, I'd look at the past couple of sessions and see how far price moved there. Take off spread, take off the pips wasted on waiting for the setup candle to close and there you go I like more volatile pairs, that allow for 40 to 100 pips TPs.
  • #42,960
  • Oct 29, 2014 8:48am Oct 29, 2014 8:48am
Quoting heispark
{quote} Cool! Please share your charts often. I want to learn from you.
here is the outcome of D1 trades GCAD & UCAD I entered during Asia. Someone here can relate to my feeling of pain as I exited both around CAD news out for small profit 20green while they reached more than 50
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GCAD H1 short Wed 29.10.14 exited b4 CAD news. could ve done full 1st prej.png Size: 43 KB
Click to Enlarge Name: UCAD short D1 Wed 29.10.14 @11.44am aest exited b4 CAD news. could do 1st proj.png Size: 36 KB
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