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Trading Made Simple the right way, and other trading lessons 233 replies

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Trading Made Simple

Quoting likica
{quote} no you can't . I m think to get 2nd business by selling wheelbarrows to TMS traders (will charge you and GS extra for heavy duty type ) hope Nods is still ok to be my friend
I'll always be your friend. And that was my business idea so I want a cut btw.
Intelligence is the ability to adapt to change. Stephen Hawking
EELFRANS has an interesting set up at the beginning of the thread. But does anyone know if his indicators can be replicated from a standard chart package without importing his indicators which I seem to have difficulty doing hence I have stopped using MT4 or other metatrader products?
Quoting omonisha
{quote} Excellent red..I am on EJ too--H4 {image}
dude,
what indicator is showing open point and close point that you make? and show time also how much pips in that picture?
Quoting pm.fx
sorry, forgot image {image}
Have a look at H4 and daily..and also how many pips do you want to make? Price moves in waves and you just have to learn to ride them
the cautious seldom err....C
I just wanted everyone to know that I just
liquidated out of all my trades (it's 10:30 a.m.
my time or 12:30p.m. EST). I'll reset my trades
in the Asia session.

It has been a very good last few day's, and I wanted
to pocket my winnings.

I'm very happy & getting my wheelbarrow out...

sj
Quoting wyley187
{quote} thanks mr aussie, any reason or setting I could change so this message doesn't keep coming up that you know of?

You need to import more 'history' from your brokers server. You haven't enough bars.
Quoting snarlyjack
I just wanted everyone to know that I just liquidated out of all my trades (it's 10:30 a.m. my time or 12:30p.m. EST). I'll reset my trades in the Asia session. It has been a very good last few day's, and I wanted to pocket my winnings. I'm very happy & getting my wheelbarrow out... sj

Need also my whellbarrow .. added today TMS to my livetrading and went in profit out ..
But may be I need a smaller one than you
Risiko birgt immer auch die Chance!!!
I wanted to post a picture of the eur/usd that
we rode down...check out the apb's, pac, tdi, & guppy's.

Thanks everyone...that was fun

sj
Attached Images (click to enlarge)
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hi everyone, can i get some advice please, i can't seem to see results as E stated, also his broker was different and his 4H bars were at different times, would it be best if i traded using a chart from his brokers, got some more questions when someones available to help......... thanks in advance
Quoting Tanglewood
{quote} You need to import more 'history' from your brokers server. You haven't enough bars.
I'm really new on mt4 platform, how would I do that?
Quoting brekz1
{quote} dude, what indicator is showing open point and close point that you make? and show time also how much pips in that picture?
Hi brekz1

Time= Candle Time THV.....Pips= Pipcometer decimal... both can be found inside the paperclip at the top right of this thread..Any executed trade can be drag and drop on that chart to show the entry point from account history tab at the bottom of MT4 platform..
Sad i'm not trying to understand PA
AU, H1 trade +20.2, entered short on break of whole number (blue line) with GMMA's, trend line and TDI headed down and target of quarter number (purple line) near recent support and ample ADR RM down.

Regards,
Cigarguy
Attached Images (click to enlarge)
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Keep It Simple
Quoting omonisha
{quote} Hi brekz1 Time= Candle Time THV.....Pips= Pipcometer decimal... both can be found inside the paperclip at the top right of this thread..Any executed trade can be drag and drop on that chart to show the entry point from account history tab at the bottom of MT4 platform..
uhmm.. what name of this indicator show on picture?
thank you

Attached Image
These are some of my losses of today. Can somebody help understand why I entered the wrong way?

1) GBP/NZD 4H, Short. Entry @ 1.99571, SL @ 1.99971

Attached Image (click to enlarge)
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2) GBP/CAD 4H, Short. Entry @ 1.87355, SL @ 1.87955

Attached Image (click to enlarge)
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I had other losses, but I think I understand why, I did not waited enough for the cross, nor the price action was very favorable.
Had to be me. Someone else might have gotten it wrong.
Quoting omonisha
{quote} Excellent red..I am on EJ too--H4 {image}
Hi, Omonisha
I have a question, if you don't mind.
Looks you had only 12 pips drawdown and had nice +75 and +110 movement before it pulled back to slight minus territory:

<15M>
Attached Image (click to enlarge)
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When do you set BE on your trades? If I were in the same trade, I think I either had taken some smaller profit or got BE out.
Just curious....

Thanks,
Simplicity is the ultimate sophistication - Leonardo da Vinci
Quoting mordin
This are some of my losses of today. Can somebody help understand why I entered the wrong way? 1) GBP/NZD 4H, Short. Entry @ 1.99571, SL @ 1.99971 {image} 2) GBP/CAD 4H, Short. Entry @ 1.87355, SL @ 1.87955 {image} I had other losses, but I think I understand why, I did not waited enough for the cross, nor the price action was very favorable.
mordin,

Not trading advice, but first of all IMO you have too much on your charts. Usually new members load up and rely on too many indicators in lieu of focusing on learning PA, support resistance and key levels.

Just my 2 cents.....less can be more!

Regards,
Cigarguy
Keep It Simple
Quoting snarlyjack
I wanted to post a picture of the eur/usd that we rode down...check out the apb's, pac, tdi, & guppy's. Thanks everyone...that was fun sj {image} {image}
Nice. I was sleeping just woke up. Looking to get out myself. Unbelievable and it still has a little more room for more. currently my trades are looking at 200+ pips on both. Thank you SJ for telling me to stay in alittle more I added almost another 100+ pips since. I'ts 1:40 PM NY Time.
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Positive anything is better than negative thinking.- Elbert Hubbard
Quoting redcloudxlll
{quote} Nice. I was sleeping just woke up. Looking to get out myself. Unbelievable and it still has a little more room for more. currently my trades are looking at 200+ pips on both. Thank you SJ for telling me to stay in alittle more I added almost another 100+ pips since. I'ts 1:40 PM NY Time. {image}
redcloudxlll

Be careful.....EU requires watching closely

Regards,
Cigarguy
Attached Image (click to enlarge)
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Keep It Simple
2 further trades on oil also +ve . Still have a bit remaining looking for 45.70 or the stop at b/e +
Attached Image (click to enlarge)
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the cautious seldom err....C
hi, can someone please advise what is the best platform to use? different brokers have different times and i think thats why i'm not seeing the results
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quintree
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cerox