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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

  • #48,141
  • Jan 2, 2015 9:44am Jan 2, 2015 9:44am
Quoting dan78
{quote} Hello SJ I think that the fundamental analysis is also important as the AT. I wanna let you know I appreciate the fundamental analysis.
Dan,

I agree...I like reading & watching the news.
It is very interesting! But I don't trade off
of the news. I trade 100% on what the apb's
(charts) are telling me. I'm a pure technical trader.

sj
  • #48,142
  • Jan 2, 2015 9:49am Jan 2, 2015 9:49am
Welcome 2015 ............... 2 full lots ......
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  • #48,143
  • Jan 2, 2015 10:30am Jan 2, 2015 10:30am
Quoting baidovich
Hello guys I'm wondering if anyone have tried before to make an EA for this strategy , it works for me very well but , too bad , that i'm very busy and i can't stick to the chart ! For me , i prefer working on Renko , it gives me more profits that i can imagine !! Easy trading with no noiseless and very relaxing chart showing the profits going on and on .. So There is any expert advisor ? and there is anyone who tried TMS on renko ? Sheers . {image}
Baidovich,

Nice meeting you!

From what I understand Dean Malone at CompassFx
has a "EA". I would contact him for info.

Renko charts I have never used.

I hope I have helped you!
sj
  • #48,144
  • Jan 2, 2015 10:55am Jan 2, 2015 10:55am
Quoting sknight1
{quote} Same here, just slightly different..... shorts on GA, GJ, & GN. GA @ +70 GJ @ +70 GN @ +50 Stops to BE + a few. Letting 'em run through NYO.
What a beautiful start to 2015. so many greens...
Well done guys, sknight, likica, adikashyap, marinos, TheScorps and redcloud
  • #48,145
  • Jan 2, 2015 11:11am Jan 2, 2015 11:11am
Quoting likica
Divergence on GA H1 (short). PT shorts GU GA filled +50 green each {image} {image}


Why my charts are different from your's. My broker is FXCM. Before the new year, your chart looks same as mine. But, now it looks different.
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  • #48,146
  • Jan 2, 2015 11:15am Jan 2, 2015 11:15am
Quoting snarlyjack
Good morning everyone, Here is our gbp/usd 4 hour chart for everyone who has been watching this chart. This was a pin-bar trade, that worked out pretty good. sj {image}

You are right. It worked pretty well. I took a demo trade and had green pips. Thanks.
AB
  • #48,147
  • Jan 2, 2015 12:13pm Jan 2, 2015 12:13pm
Quoting erelation
{quote} Hi SJ, Thank you for your comment on my trade setup..... It definitely help in my learning and application of TMS. Hope this trade turn up well... my biggest challenge is still walk around from the screen.... now i better stay clear of FF after taking the trade too.... going to play game on my mobile now.. All the best in getting green pips... Regards erelation
Erelation,

I think that is great

Trading to me is 70% psychological & 30% system & technique.
Trust me trading has played with my mind & emotions more than once...
sj
  • #48,148
  • Jan 2, 2015 12:21pm Jan 2, 2015 12:21pm
Quoting ababias
(to likica)...my charts are different from your's. My broker is FXCM. Before the new year, your chart looks same as mine. But, now it looks different...
Not sure, but if this is the first time you have closed your trades in awhile, SJ said something about FXCM in December:
Quoting snarlyjack
...fxcm is still changing my platform over to the 5 day, N/Y close charts. They told me it would take a couple of days for the transfer to take place because of so many customers switching over. And you have to be flat in the market's with no trading of live accounts.
  • #48,149
  • Jan 2, 2015 12:44pm Jan 2, 2015 12:44pm
Hi Guys is this template ok for a newbie to this system ?? or would you recommend anything else ?? I have tried to keep it simple and close to what SJ said I would need, the only thing I have added is the Indi kindly supplied by GS many thanks M
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  • #48,150
  • Jan 2, 2015 12:56pm Jan 2, 2015 12:56pm
Quoting montego
Hi Guys is this template ok for a newbie to this system ?? or would you recommend anything else ?? I have tried to keep it simple and close to what SJ said I would need, the only thing I have added is the Indi kindly supplied by GS many thanks M {image}
Montego,

That really isn't bad.

I really like the pac and the levels & Tdi.
Personally I like trading with the trend using
the long term guppy's. However, your basic
set-up is pretty good!

sj
  • #48,151
  • Jan 2, 2015 1:07pm Jan 2, 2015 1:07pm
Quoting snarlyjack
{quote} Montego, That really isn't bad. I really like the pac and the levels & Tdi. Personally I like trading with the trend using the long term guppy's. However, your basic set-up is pretty good! sj
Thanks SJ will look into the long term guppy's,
  • #48,152
  • Jan 2, 2015 1:11pm Jan 2, 2015 1:11pm
Quoting forexday
{quote} What a beautiful start to 2015. so many greens... Well done guys, sknight, likica, adikashyap, marinos, TheScorps and redcloud
Thank you!! Definitely a great start.
Positive anything is better than negative thinking.- Elbert Hubbard
  • #48,153
  • Jan 2, 2015 1:35pm Jan 2, 2015 1:35pm
I personally am satisfied that I have to some extent been able to contribute to this new perception of the "weekly pivots"
"w
have a nice weekend

  • #48,154
  • Jan 2, 2015 1:43pm Jan 2, 2015 1:43pm
Quoting adikashyap
{quote} My MM (lot size, entry and exit) are influenced by Phx62 and Emmanuel ... Like Phx62 does, I also look for 50 pips target ... If I do not see a pair having room to move 50 pips from my entry level, give it a miss ... My stop loss (unlike Phx62, who has emergency 50 pips SL) is always 25 pips ... as I look for 1:2 R2R ratio ... Every one says "do not risk more than 2% on any trade" ... I tweaked this philosophy to suit my requirement ... I risk 2.5% (approximately, as different pairs have different pip to $ value) on all my trades ... meaning...
Sounds excellent adikashyap - there is no right or wrong here really... if its working go for it
  • #48,155
  • Jan 2, 2015 1:50pm Jan 2, 2015 1:50pm
Trade is still strong with no signs of stopping. 200+ so far.
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Positive anything is better than negative thinking.- Elbert Hubbard
  • #48,156
  • Jan 2, 2015 1:59pm Jan 2, 2015 1:59pm
Quoting redcloudxlll
Trade is still strong with no signs of stopping. 200+ so far. {image}
...redcloudxlll, likica, sknight1, Marin0s, TSS, adikashyap, SJ & erelation you guys rock Congrats on all things Green - what a great start to 2015
  • #48,157
  • Jan 2, 2015 2:07pm Jan 2, 2015 2:07pm
Quoting griffinssoul
{quote} ...redcloudxlll, likica, sknight1, Marin0s, TSS, adikashyap, SJ & erelation you guys rock Congrats on all things Green - what a great start to 2015
Definitely, looking forward to continuing this success it feels awesome!!
Positive anything is better than negative thinking.- Elbert Hubbard
  • #48,158
  • Jan 2, 2015 2:54pm Jan 2, 2015 2:54pm
Quoting emmanuel7788
{quote} {image} Steadyrandy, You observation is very good. The difference is in the Close price being used without considering the volatility range of the candles. regards,
Hi Manny,you are right on the money,they forget to observevolatility,anyway,I like to say ~~~thank you for all the info that was given to me~~~,Was pesure to read you stuff,listen to your advice ,ect,etc.
Happy new Year,for you and family catch you in 2015,.......
  • #48,159
  • Jan 2, 2015 3:03pm Jan 2, 2015 3:03pm
today,jan 2nd,2015,I want to tank everybory that put their time to help us/also my gratitude to PX62,.Emanueel7788, Erol,and so manny others that provide us with ideas,indis,expert,etc.,happy to tell all new traders that Im doing well in trade,thank`s to these guys,so follow Big E instructuion how to trade.
bless you well,HAAPPYY TRADEING
  • #48,160
  • Jan 2, 2015 5:51pm Jan 2, 2015 5:51pm
Quoting adikashyap
{quote} My MM (lot size, entry and exit) are influenced by Phx62 and Emmanuel ... Like Phx62 does, I also look for 50 pips target ... If I do not see a pair having room to move 50 pips from my entry level, give it a miss ... My stop loss (unlike Phx62, who has emergency 50 pips SL) is always 25 pips ... as I look for 1:2 R2R ratio ... Every one says "do not risk more than 2% on any trade" ... I tweaked this philosophy to suit my requirement ... I risk 2.5% (approximately, as different pairs have different pip to $ value) on all my trades ... meaning...
Hi Adikashyap,

I've been looking back over my EA H1 trades for the past three months. I've been focusing on London Open and applying Phx62's simple 50 pip TP and 50 pip emergency SL on demo. Over the past three months I have never had a winning trade drawdown more than 20 pips! For that reason I am too looking at moving towards a 25 pip SL and 50 pip TP approach effectively allowing me to double my Risk:Reward.

Again, thanks for sharing!

Ballistical
Focus on the process and the profits will follow
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