Trading Made Simple | Page 2256 | 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

  • #45,101
  • Nov 26, 2014 11:41pm Nov 26, 2014 11:41pm
Quoting griffinssoul
{quote} Many thanks moretti12! I'm going the other way... LOL! So, I locked in 30pips just in case... ... things are still looking good on the 4H/D1 (4H is in overbought area but RSI can stay overbought for a long time... )
D1 chart looks it could reach 1.5875 Haven't got any charts to post (work PC) but think I will wait this one out till LO. Good luck. May green pips be with you,
Intelligence is the ability to adapt to change. Stephen Hawking
  • #45,102
  • Nov 26, 2014 11:49pm Nov 26, 2014 11:49pm
Quoting nods80
{quote} D1 chart looks it could reach 1.5875 Haven't got any charts to post (work PC) but think I will wait this one out till LO. Good luck. May green pips be with you,
Good estimate nods80 - there seems to be a change of polarity b/w 5822 - 5900(BRN) [looking @ the PA to the left] so I went for the conservative number but I'd be still happy with the 30pips locked in - its all green
  • #45,103
  • Nov 26, 2014 11:54pm Nov 26, 2014 11:54pm
Quoting griffinssoul
{quote} Many thanks moretti12! I'm going the other way... LOL! So, I locked in 30pips just in case... ... things are still looking good on the 4H/D1 (4H is in overbought area but RSI can stay overbought for a long time... )
If we break above close above the 61.8 fib level we will most certain see a rally to 1.58800 level...
  • #45,104
  • Nov 26, 2014 11:57pm Nov 26, 2014 11:57pm
Quoting moretti12
{quote} If we break above close above the 61.8 fib level we will most certain see a rally to 1.58800 level...
I think you are correct ... they may long-trap it going into the LO, before the run up...
  • #45,105
  • Nov 26, 2014 11:57pm Nov 26, 2014 11:57pm
Quoting moretti12
{quote} If we break above close above the 61.8 fib level we will most certain see a rally to 1.58800 level...
Sorry what price is the 61.8 fib. I only git basic web charts at the mo. 1.5800?
Intelligence is the ability to adapt to change. Stephen Hawking
  • #45,106
  • Nov 27, 2014 12:06am Nov 27, 2014 12:06am
Quoting moretti12
{quote} If we break above close above the 61.8 fib level we will most certain see a rally to 1.58800 level...

My tactic will be to short if falls below 1.5775 and long of goes above 1.5810.
Intelligence is the ability to adapt to change. Stephen Hawking
  • #45,107
  • Nov 27, 2014 12:07am Nov 27, 2014 12:07am
Talking about a break of the consolidation.. 1.58040'ish
  • #45,108
  • Nov 27, 2014 12:14am Nov 27, 2014 12:14am
Quoting moretti12
Talking about a break of the consolidation.. 1.58040'ish
...they are just playing ping-pong... lol... for now, perhaps...
  • #45,109
  • Nov 27, 2014 12:26am Nov 27, 2014 12:26am
Quoting snarlyjack
{quote} Greenb, I know this is probably disputable advice but I just use the 200 ema/close on all the time frames. I was tired of switching the ema #'s around, so I just went with the basic 200 ema on all of them. It works good and gives you a idea where your at, I just want to know what the big picture say's...
Hi Snarly - nice to see you posting on the thread - I've been quiet lately - doing lots of work on day trading plan - mostly based on the TMS principles, and showing some really nice results - live testing for a few months now, so fingers crossed on results

i have a trading buddy who is writing some code for an EA, so we will see where that takes us - I still feel the "human factor" is an important aspect of trading as Big E always said - The best EA is between your ears
"To live with Passion, it takes Courage and Grace to survive"
  • #45,110
  • Nov 27, 2014 12:41am Nov 27, 2014 12:41am
Happy Thanksgiving to all who are celebrating!
Just got back home. Did not have time at my desk to monitor my trades, only quick glance and made some mistakes before AU news which I did not respect TDI on HTF obviously and resulted in loss).
Here are result from lady in actions
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EA GA H1 Thu 27.11.14 TOK -+.png Size: 84 KB
Click to Enlarge Name: AU EN H1 Thu 27.11.14 TOK -++.png Size: 78 KB
Appreciation is the key to wealth and happiness
  • #45,111
  • Nov 27, 2014 12:55am Nov 27, 2014 12:55am
Quoting likica
Happy Thanksgiving to all who are celebrating! Just got back home. Did not have time at my desk to monitor my trades, only quick glance and made some mistakes before AU news which I did not respect TDI on HTF obviously and resulted in loss). Here are result from lady in actions
You had 3 good-looking outside bars there
  • #45,112
  • Nov 27, 2014 1:03am Nov 27, 2014 1:03am
Captured EJ ranging for 40green, I like her 'cat ears' look, confirmed candle convinced me even though tdi looked not so appealing...
Attached Image (click to enlarge)
Click to Enlarge Name: EJ H1 Thu 27.11.14 TOK +40.png Size: 45 KB
Appreciation is the key to wealth and happiness
  • #45,113
  • Nov 27, 2014 1:03am Nov 27, 2014 1:03am
Quoting likica
Happy Thanksgiving to all who are celebrating! Just got back home. Did not have time at my desk to monitor my trades, only quick glance and made some mistakes before AU news which I did not respect TDI on HTF obviously and resulted in loss). Here are result from lady in actions {image} {image}
Looks great likica - made a mistake, corrected it and recovered... great trading!!!
  • #45,114
  • Nov 27, 2014 1:15am Nov 27, 2014 1:15am
Quoting moretti12
{quote} If we break above close above the 61.8 fib level we will most certain see a rally to 1.58800 level...
..broke the 58 round handle...
  • #45,115
  • Nov 27, 2014 1:17am Nov 27, 2014 1:17am
Quoting likica
Happy Thanksgiving to all who are celebrating! Just got back home. Did not have time at my desk to monitor my trades, only quick glance and made some mistakes before AU news which I did not respect TDI on HTF obviously and resulted in loss). Here are result from lady in actions {image} {image}

Great trades ! I was watching 3 of the 4 that you took (EA, GA, & EN) but, was took chicken to put on the trades due to it being the Asian session and the signal candles didn't appear to have a lot of momentum.
  • #45,116
  • Nov 27, 2014 1:22am Nov 27, 2014 1:22am
My most profitable trade ever just hit TP. for for + 104 pips, Hit S/L on the little green candle but I got back in took 48 hrs but was determined to just leave it.
Also to +97 on GBPAUD and +36 on AUDCHF. It all seemed to click this week. Need to work on my SL positioning though. Thanks TMS.

Attached Image (click to enlarge)
Click to Enlarge Name: gbpnzd.PNG Size: 49 KB
Intelligence is the ability to adapt to change. Stephen Hawking
  • #45,117
  • Nov 27, 2014 1:23am Nov 27, 2014 1:23am
Quoting griffinssoul
{quote} Looks great likica - made a mistake, corrected it and recovered... great trading!!!
Thanks Griffinssoul. I was very hot when all my trades turned sour then market got hotter when I was away during Aussie lunchtime (nice weather to be at the beach for few hours) , lucky it cooked my trades nicely
Appreciation is the key to wealth and happiness
  • #45,118
  • Nov 27, 2014 1:28am Nov 27, 2014 1:28am
Quoting nods80
My most profitable trade ever just hit TP. for for + 104 pips, Hit S/L on the little green candle but I got back in took 48 hrs but was determined to just leave it. Also to +97 on GBPAUD and +36 on AUDCHF. It all seemed to click this week. Need to work on my SL positioning though. Thanks TMS. {image}
Wow nods80! I'm gonna pin a Top-Gun badge on ya chest mate...LOL!!! Congrats!!!
  • #45,119
  • Nov 27, 2014 1:32am Nov 27, 2014 1:32am
Quoting nods80
My most profitable trade ever just hit TP. for for + 104 pips, Hit S/L on the little green candle but I got back in took 48 hrs but was determined to just leave it. Also to +97 on GBPAUD and +36 on AUDCHF. It all seemed to click this week. Need to work on my SL positioning though. Thanks TMS. {image}
you 've done well Nods80
Appreciation is the key to wealth and happiness
  • #45,120
  • Nov 27, 2014 1:50am Nov 27, 2014 1:50am
Quoting likica
{quote} you 've done well Nods80
Thanks. The trading mastery documents that Emmanuel posted and the Dr Tharp book i'm reading flicked a switch I think. I realized a few things and made some rules for my business plan.

1. I can take my time
2. I wont let the chart make me feel pressured into taking a trade
3. If in doubt stay out
4. Check weekly, daily, 4hr charts, S/R and daily range
5. Always Pick an exit point BEFORE placing the trade
Intelligence is the ability to adapt to change. Stephen Hawking
94 traders viewing now, 1 is registered: