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Trading Made Simple

  • #43,721
  • Nov 12, 2014 5:09am Nov 12, 2014 5:09am
Quoting lorbax
Entered GU short on H1 @12.00 (gmt+2) .... i like the TDI signal {image} UPDATE: Closed 3/4 of position +16 .... sorry it was too fast to post it real-time.
Wow, that looks risky... partial @ 5858 perhaps...

It may break-out and then you're in business
  • #43,722
  • Nov 12, 2014 5:12am Nov 12, 2014 5:12am
Quoting griffinssoul
{quote} Hi toledoFX, Is this not (real) Red News? GBP Average Earnings Index 3m/y, GBP Claimant Count Change, etc from FF
Well, you are right. That's my miss, don't know how i looked not at the right place... Thank you!
  • #43,723
  • Nov 12, 2014 5:16am Nov 12, 2014 5:16am
Quoting toledoFX
{quote} Well, you are right. That's my miss, don't know how i looked not at the right place... Thank you!
It looks like they had a bunch of meetings aswell as a report etc. But who can guess what will happen anyway... lol
  • #43,724
  • Nov 12, 2014 5:21am Nov 12, 2014 5:21am
Quoting griffinssoul
{quote} Hi toledoFX, Is this not (real) Red News? GBP Average Earnings Index 3m/y, GBP Claimant Count Change, etc from FF
Claimant count and inflation data is pretty important data
  • #43,725
  • Nov 12, 2014 5:25am Nov 12, 2014 5:25am
Quoting WDays
{quote} Claimant count and inflation data is pretty important data
WDays! Hi, I hope your are well. I would value your feedback on a few trades [demo] I made earlier but only if you can spare some time. Many thanks!

post 43698
  • #43,726
  • Nov 12, 2014 5:25am Nov 12, 2014 5:25am
Quoting griffinssoul
{quote} Wow, that looks risky... partial @ 5858 perhaps... It may break-out and then you're in business
What you mean with risky ? ... it's a broad word .. haha
I closed the last 1/4 of position now +24 ... I was a bit chicken with the first exit but ok.

For the records, there were news half-an-hour before on GBP so in that sense it was a bit riskier but I tried to jump in and paddle following the flow, it was going down, I shorted.

Here a stopped trade on ECAD short H4, I entered @11.00 although didn't like it too much for these reasons: many spikes (chopped) and supported on the 1.41 area...
It was a mistake, and the market was right, lesson learnt... -28 pips. Nothing bad.

Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 47 KB
Lorenzo
  • #43,727
  • Nov 12, 2014 5:27am Nov 12, 2014 5:27am
Quoting lorbax
{quote} What you mean with risky ? ... it's a broad word .. haha I closed the last 1/4 of position now +24 ... I was a bit chicken with the first exit but ok.
LOL! Well done lorbax! I didn't see the EDT - spot-on with the partial...
  • #43,728
  • Edited 6:14am Nov 12, 2014 5:56am | Edited 6:14am
Quoting griffinssoul
{quote} WDays! Hi, I hope your are well. I would value your feedback on a few trades [demo] I made earlier but only if you can spare some time. Many thanks! post 43698
Hey man I am well, not many trades this week though. GJ trailing stop took me out at +7 on monday, and I had a +50 on GU yesterday evening which I will not post because it is not a strictly TMS entry and it will raise too many questions I'm having a look right now

I'll just edit this post so I don't double post to answer your question, well I personally like the trades I guess I may have taken them too. The first one is GA I'm assuming and the second usdcad? (still haven't woken up lol) Both are continuing the trend and the TDIs are good on both. The only thing is setting realistic targets, you can't expect usdcad AUDUSD to give the same pips as GA, but I think you've got that covered too so all is well Nice job.
  • #43,729
  • Nov 12, 2014 6:41am Nov 12, 2014 6:41am
2 from yesterday afternoon. +50 on each.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDUSDH411-11.png Size: 31 KB
Click to Enlarge Name: AUDUSDH411-11(2).png Size: 27 KB
Click to Enlarge Name: GBPUSDH411-11.png Size: 32 KB
Click to Enlarge Name: GBPUSDH411-11(2).png Size: 26 KB
  • #43,730
  • Nov 12, 2014 6:45am Nov 12, 2014 6:45am
Quoting lastingwell
2 from yesterday afternoon. +50 on each. {image} {image} {image} {image}
Great I so knew you were going to have ridden the AU move up I've almost the same entry on GU except I preempted the h4 cross when the rt MTF crossed and H1 broke above/closed above consolidation, so TP was hit a bit earlier for me
  • #43,731
  • Nov 12, 2014 7:57am Nov 12, 2014 7:57am
Quoting lastingwell
2 from yesterday afternoon. +50 on each. {image} {image} {image} {image}
Hi Lastingwell
Excellent as usual.
When do you look for your setups mostly? for instance, if you find one at Frankfort would you go for it?
Yours
  • #43,732
  • Nov 12, 2014 8:03am Nov 12, 2014 8:03am
Good morning Tms,

The USA is undergoing a cold spell coming down from the Artic.
(Artic blast) The temperature at my house is 10 degree's.
Yesterday it was 9 degrees, so it's warming up...

Just wanted to show the gbp/usd on the weekly chart.
Good trading everyone!
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 68 KB
  • #43,733
  • Nov 12, 2014 8:19am Nov 12, 2014 8:19am
Quoting snarlyjack
Good morning Tms, The USA is undergoing a cold spell coming down from the Artic. (Artic blast) The temperature at my house is 10 degree's. Yesterday it was 9 degrees, so it's warming up... Just wanted to show the gbp/usd on the weekly chart. Good trading everyone! {image}
Wow nice! .... I just entered short on the H4, surfing the downtrend reef ... hope not to land to the beach soon haha ...

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-h4-pepperstone-financial-pty.png Size: 107 KB


Green pips to you all
cheers
Lorenzo
  • #43,734
  • Nov 12, 2014 8:30am Nov 12, 2014 8:30am
Quoting lorbax
{quote} Wow nice! .... I just entered short on the H4, surfing the downtrend reef ... hope not to land to the beach soon haha ... {image} Green pips to you all cheers
Good Luck
I Have Learned to Take Some Losses to Make Profits
  • #43,735
  • Nov 12, 2014 8:35am Nov 12, 2014 8:35am
GBP just had some huge news. I think it's a better idea to let the dust settle for a bit and be patient for what to do next.
Everything you can imagine, is real - Pablo Picasso
  • #43,736
  • Nov 12, 2014 8:48am Nov 12, 2014 8:48am
Had some luck with the news as I was already in the GBPAUD daily. Closed half and moved the stop.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDDaily.png Size: 39 KB
  • #43,737
  • Nov 12, 2014 8:59am Nov 12, 2014 8:59am
Quoting Direwolf
GBP just had some huge news. I think it's a better idea to let the dust settle for a bit and be patient for what to do next.
that is true, thanks for the tip ... I need to be a bit more sniper-careful
here is the update .... closed half position +25 , SL+5 and letting it go ...

Attached Image (click to enlarge)
Click to Enlarge Name: gu.PNG Size: 77 KB
Lorenzo
  • #43,738
  • Nov 12, 2014 9:22am Nov 12, 2014 9:22am
Quoting angeloarc
Sorry. This is a good setup? (tf H1) {image}

Hello Angeloarc,
I wrote you to your mail and as I said here you can find attached the files that I am using. My credibility at this point is close to "zero" as I am new, very new and with a success rate with the system still very low so before you use the files I recommend you make sure they are right. Also if a senior member can look at them would be great. In the mid time, good luck and practice in Demo mode.
Regards,
Manu
Attached File(s)
File Type: tpl Trade Made Simple MR.tpl   3 KB | 403 downloads
File Type: ex4 CInfo v2 Alert.ex4   12 KB | 375 downloads
File Type: ex4 Heiken Ashi.ex4   10 KB | 356 downloads
File Type: mq4 Heiken Ashi.mq4   5 KB | 341 downloads
File Type: mq4 TradersDynamicIndex-2.mq4   9 KB | 433 downloads
File Type: mq4 CInfo v2 Alert.mq4   4 KB | 412 downloads
File Type: ex4 ADR_ ATR_20_Pairs_v3_Sal.ex4   20 KB | 411 downloads
File Type: ex4 TradersDynamicIndex-2.ex4   5 KB | 365 downloads
  • #43,739
  • Nov 12, 2014 9:58am Nov 12, 2014 9:58am
Hey Everyone,

On the longer time frames... (daily/weekly)

My trading really improved when I started using a "set & forget" method
of trading. What that means is you analyze the daily chart and put in your
trade and emergency stop. Then just let the trade do it's thing and don't
freak out if the market moves against you a little bit.

I know it sounds crazy but I've left trades running for a week. Every
situation is different depending on where the levels are. Why would
a person do this? Because it's a super profitable way to trade. I've
left some trades open just to see how low/high they would go and
I've been surprised where they ended up. Places I never would have
guessed.

The point is, their is no crystal ball and the market will go where the
market goes. You never know this type of trading might work
out very well for you...
  • #43,740
  • Nov 12, 2014 10:04am Nov 12, 2014 10:04am
Quoting Kouroushi
{quote} Hi Lastingwell Excellent as usual. When do you look for your setups mostly? for instance, if you find one at Frankfort would you go for it? Yours
Because I've been so busy I look for setups when I'm in front of the computer now which hasn't been a lot. The broker I'm using now (spreadbetter) has the H4 candle change at 7am London which is when Frankfurt opens so I dont have a lot of choice of trading Frankfurt if I'm here, but I find a fresh signal works well anyway because I'm using the higher timeframe.
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