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Monitor for 'Trading Made Simple' system 565 replies

Trading Made Simple the right way, and other trading lessons 334 replies

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Trading Made Simple system follower - Thanks to eelfranz 9 replies

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Trading Made Simple

  • #46,041
  • Dec 8, 2014 8:10pm Dec 8, 2014 8:10pm
Quoting Greenb
{quote} 2 more trades at the closing of the hour for the news, i picked AU and EA this time. again this is just me demoing on 1h tf on Asian market. both have SL at BE, and i'm converting them to 4h tf {image}

  • #46,042
  • Dec 8, 2014 8:36pm Dec 8, 2014 8:36pm
Quoting Fd7999
{quote} Was anyone able to get the DrawLines Indicator to work? I tried a few times but nothing...?
Fd7999,

I believe it is a "script" and you need to put it in
the script folder.

If that doesn't work maybe you can get someone
in the London session to help you out.

sj
  • #46,043
  • Dec 8, 2014 9:04pm Dec 8, 2014 9:04pm
EURAUD. Pullback from the previous structure. TDI bounce from the MBL
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD_1.png Size: 41 KB
Sad i'm not trying to understand PA
  • #46,044
  • Dec 8, 2014 9:17pm Dec 8, 2014 9:17pm
Quoting omonisha
EURAUD. Pullback from the previous structure. TDI bounce from the MBL {image}

Holy crap....!!!!

Just looking at that setup on my own chart (obviously with a different broker), at best I would've caught 90 pips.
  • #46,045
  • Dec 8, 2014 9:33pm Dec 8, 2014 9:33pm
Quoting sknight1
{quote} at best I would've caught 90 pips.
Could open 2 positions so you get 90 pips.... x2 lol
  • #46,046
  • Dec 8, 2014 9:35pm Dec 8, 2014 9:35pm
Quoting AcerPhoon
{quote} Could open 2 positions so you get 90 pips.... x2 lol
that would be double the risk though.
Daniel
  • #46,047
  • Dec 8, 2014 9:42pm Dec 8, 2014 9:42pm
update on the 2 demo trades 1h asia tf
was going to leave these 2 for 4htf convert, but they hit my tp.

AU +30
EA+ 44

so my total for the day Asia+Sydney market experiment is 104 pips
.....this is actually better result than my real 4h trades from yesterday...oh the envy
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 236 KB
Daniel
  • #46,048
  • Dec 8, 2014 9:50pm Dec 8, 2014 9:50pm
Quoting WDays
{quote} I got filled for +51.5, meaning I'm up +32.5 for the day... not too bad {quote} Same entry {image}
...great start to the trading W1 WDays, congrats man
  • #46,049
  • Dec 8, 2014 9:51pm Dec 8, 2014 9:51pm
Quoting Greenb
{quote} Trade update on this. 1. GA, closed at +1 pips due to SL. sometimes i really hate this G crosses =.= if only it didnt pullback as bad as it did, would be 80pips in profit, 20 less than original tp 2. AJ, closed at tp for 50 pips even though i almost didn't think it would made it this time. 3 +1 more trade GU taken at LO+2 for 40 pips, got out in exactly LO+6 total pips for the day = 91pips hope you guys have awesome day. see you guys for the next trading session. Greenb p.s Likica, i totally understand when sometimes winning is just not...
Great trading Greenb, congrats
  • #46,050
  • Dec 8, 2014 9:53pm Dec 8, 2014 9:53pm
Quoting omonisha
EURAUD. Pullback from the previous structure. TDI bounce from the MBL {image}
...the Master strikes again, Ninja style, congrats
  • #46,051
  • Dec 8, 2014 9:59pm Dec 8, 2014 9:59pm
GN +91pips : 1H(cross)/4H converted to 4H/D1 will still go higher I think. Also had GU but must have errored on setting TP (???)wanted 50 but got +15pips [just a mistake cause it didnt hit SL???]. If I had missed these EA would have been next on the watchlist - a good play is to watch for div on the lower TF which may give you an entry into a 1H/4H...

I'm out! Shut the shop, closed the door, put your feet up... have a cup of Tea perhaps

Note: this, GN, shows that an over-bought pair [on the 1H/4H] can keep going up like Greenb said
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 38 KB
  • #46,052
  • Dec 8, 2014 10:02pm Dec 8, 2014 10:02pm
Quoting griffinssoul
GN +91pips : 1H(cross)/4H converted to 4H/D1 will still go higher I think. Also had GU but must have errored on setting TP (???)wanted 50 but got +15pips [just a mistake cause it didnt hit SL???]. I'm out! Shut the shop, closed the door, put your feet up... have a cup of Tea perhaps Note: this, GN, shows that an over-bought pair [on the 1H/4H] can keep going up like Greenb said {image}
Nice job Griff.

Any ideas as to what's going on with the jpy pairs right now ?????
  • #46,053
  • Dec 8, 2014 10:06pm Dec 8, 2014 10:06pm
Quoting sknight1
{quote} Nice job Griff. Any ideas as to what's going on with the jpy pairs right now ?????
it's going down for a bit of correction.
have to do with money supply and bond rates.
think of it this way, government sell bonds to get more money. so when you see that the rate is lower compared to the month before,
even with more bid before acceptance, it means that the government are quite a bit desperate to get those money.

with more money supply in circulation, it means that the currency is going to be weaker because of the wealth effect. therefore the drop.
wow, my 1st year macro actually is useful......
cheers
Daniel
  • #46,054
  • Dec 8, 2014 10:07pm Dec 8, 2014 10:07pm
Quoting griffinssoul
GN +91pips : 1H(cross)/4H converted to 4H/D1 will still go higher I think. Also had GU but must have errored on setting TP (???)wanted 50 but got +15pips [just a mistake cause it didnt hit SL???]. If I had missed these EA would have been next on the watchlist - a good play is to watch for div on the lower TF which may give you an entry into a 1H/4H... I'm out! Shut the shop, closed the door, put your feet up... have a cup of Tea perhaps Note: this, GN, shows that an over-bought pair [on the 1H/4H] can keep going up like Greenb said {image}

Intelligence is the ability to adapt to change. Stephen Hawking
  • #46,055
  • Dec 8, 2014 10:14pm Dec 8, 2014 10:14pm
men, look like I missed the party . nicely done and well done to all green pips collectors
Appreciation is the key to wealth and happiness
  • #46,056
  • Dec 8, 2014 10:15pm Dec 8, 2014 10:15pm
Quoting Greenb
{quote} it's going down for a bit of correction. have to do with money supply and bond rates. think of it this way, government sell bonds to get more money. so when you see that the rate is lower compared to the month before, even with more bid before acceptance, it means that the government are quite a bit desperate to get those money. with more money supply in circulation, it means that the currency is going to be weaker because of the wealth effect. therefore the drop. wow, my 1st year macro actually is useful...... cheers
Thanks Greenb - Good point - there seems to be some optimism around the JPY @ the moment "Japan finance minister Aso: Says he doesn’t think Japan is in a recession"
  • #46,057
  • Dec 8, 2014 10:17pm Dec 8, 2014 10:17pm
Quoting omonisha
EURAUD. Pullback from the previous structure. TDI bounce from the MBL {image}
you know every time I saw your trades, my hair got curlier (by my fingers) because I missed the boat
Appreciation is the key to wealth and happiness
  • #46,058
  • Dec 8, 2014 10:18pm Dec 8, 2014 10:18pm
Quoting griffinssoul
{quote} "Japan finance minister Aso: Says he doesn’t think Japan is in a recession"

Now THAT is funny !

*sarcasm*
  • #46,059
  • Dec 8, 2014 10:20pm Dec 8, 2014 10:20pm
Quoting griffinssoul
GN +91pips : 1H(cross)/4H converted to 4H/D1 will still go higher I think. Also had GU but must have errored on setting TP (???)wanted 50 but got +15pips [just a mistake cause it didnt hit SL???]. If I had missed these EA would have been next on the watchlist - a good play is to watch for div on the lower TF which may give you an entry into a 1H/4H... I'm out! Shut the shop, closed the door, put your feet up... have a cup of Tea perhaps Note: this, GN, shows that an over-bought pair [on the 1H/4H] can keep going up like Greenb said {image}
Excellent griffinssoul
Sad i'm not trying to understand PA
  • #46,060
  • Dec 8, 2014 10:22pm Dec 8, 2014 10:22pm
Quoting likica
{quote} you know every time I saw your trades, my hair got curlier (by my fingers) because I missed the boat
LOL! You mean like this .... this icon thing makes me laugh like so much (I dont know why?) ...

A few traders spotted this yesterday and made note...
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