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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

  • #51,241
  • Jan 26, 2015 8:33am Jan 26, 2015 8:33am
Quoting ZeF
{quote} Hi SJ, Thanks for your reply - I've read your posts since Oct14 as you advised and i gotta say for others watching and not knowing where to start, that's the best shortcut. For sure I'll go on demo-ing at least 100 trades - not much for the rule breaking potential cuz I'm pretty strict in general, but for sure there'll be technical mistakes and I'd rather do them on demo than live. I'll post regular demo balances and trades with entry/exit reasoning, and I encourage others to do the same, they're the best examples - not just successful ones...
Zef,

I'm glad I gave you good advice!
Once you have read the reasoning of the system,
the next step is to practice trading & train your eyes.
This is a very visual system...trust what your eyes
are telling you!

Practice, practice, practice...read, read, read

sj
  • #51,242
  • Jan 26, 2015 8:37am Jan 26, 2015 8:37am
anyone want to comment this entry
PM
  • #51,243
  • Jan 26, 2015 8:38am Jan 26, 2015 8:38am
Quoting ZeF
Possible entry on UJ 4h candle close in an hour if trend continues. Input/critique is most welcomed! If candle close allows for entry space, TP should be well under resistance. {image}
Zef,

I like the usd/jpy trade.
Your charts look good & your looking at it correctly.
Congrat's...I hope it works out really good for you!
sj
  • #51,244
  • Jan 26, 2015 8:38am Jan 26, 2015 8:38am
anyone want to comment this entry

forget the image
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.jpg Size: 182 KB
PM
  • #51,245
  • Jan 26, 2015 8:47am Jan 26, 2015 8:47am
Quoting pm.fx
anyone want to comment this entry forget the image {image}
Pm.fx,

If you look at my gbp/usd chart, you will get
a different view...it's really all about how your
viewing a chart.

My initial impression is, your going to be fighting
a up hill battle with the institutions. Think of it this way,
your swimming in a river. Which way is easier to swim
upstream or downstream...
sj
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 59 KB
  • #51,246
  • Jan 26, 2015 8:47am Jan 26, 2015 8:47am
Quoting snarlyjack
{quote} MoneyMike, Welcome to Tms. What I really hope is that Tms works really good for you and that you make a ton of money! When it's all said & done that is what counts Congrat's on reading the first 1000 pages, that is excellent! sj
Hello SJ
Thank you for your shout out
really looking forward for green pips!
I been trading for 3 years now and have
not made so many positive trades than
with this method. thanks again to BigE and you
for sharing your knowledge & time in this community!!!
  • #51,247
  • Jan 26, 2015 8:51am Jan 26, 2015 8:51am
Quoting snarlyjack
Think of it this way, your swimming in a river. Which way is easier to swim upstream or downstream...
thanks, nice explanation!
Regards
  • #51,248
  • Jan 26, 2015 8:52am Jan 26, 2015 8:52am
Quoting cigarguy
EU, M15 scalp +20 (x 5 lots), PA bounce from pivot out of PAC with TDI heading up H1 & D1 candles green. Target was near recent resistance and quarter number. (set EA with a 20 pip TP and 20 pip stop 1:1 RR with no TS or BE set on this trade. EA closed position with +20 in approx. 4 minutes) Ignored negative RmUp on this trade due to PA. Regards, Cigarguy {image}
Cigarguy,

I really like your chart!
Good trading...the 15 minute tf is a tight tf.
You did good
sj
  • #51,249
  • Jan 26, 2015 8:54am Jan 26, 2015 8:54am
Quoting snarlyjack
{quote} Good morning Radiant Army, If I were trading this pair, I would trade it as a retracement trade. Let it come down into the pac or guppy's & position myself for a long. sj {image} {image}
sj thanks for ur reply .but the daily chart is in pac already though not yet guppy that was why i consider long trade in h4. anyway it look like a wrong entry
  • #51,250
  • Jan 26, 2015 9:01am Jan 26, 2015 9:01am
Quoting snarlyjack
{quote} Cigarguy, I really like your chart! Good trading...the 15 minute tf is a tight tf. You did good sj

SJ,

Thanks, yes I try to keep my charts as uncluttered as possible and traded different t/f's through the years and always made my best trades with the M15 and occasionally dropping down to the M5 which fit my scalping style. I'm happy with 10 to 20 pips per trade with multiple lots.....it works for me.

Regards,
Cigarguy
Keep It Simple
  • #51,251
  • Jan 26, 2015 9:07am Jan 26, 2015 9:07am
Quoting pm.fx
anyone want to comment this entry forget the image {image}
I was not here earlier to comment. It had very good angle on my M30 and it s moving nicely, should have good pips by now pm.fx. Manage it well
Appreciation is the key to wealth and happiness
  • #51,252
  • Jan 26, 2015 9:11am Jan 26, 2015 9:11am
Quoting MoneyMikeFx
{quote} Hello SJ Thank you for your shout out really looking forward for green pips! I been trading for 3 years now and have not made so many positive trades than with this method. thanks again to BigE and you for sharing your knowledge & time in this community!!!
MoneyMike,

Your welcome, I'm glad that I can help.
When I started trading back in 2008 Big E took
me by the hand & showed me how to trade.
I'm just trying to play it forward & help others.

sj
  • #51,253
  • Jan 26, 2015 9:15am Jan 26, 2015 9:15am
Quoting snarlyjack
{quote} MoneyMike, Your welcome, I'm glad that I can help. When I started trading back in 2008 Big E took me by the hand & showed me how to trade. I'm just trying to play it forward & help others. sj
SJ,
A walk down memory lane....I remember those Big E trading days as well as he helped so many.

Regards,
Cigarguy
Keep It Simple
  • #51,254
  • Jan 26, 2015 9:15am Jan 26, 2015 9:15am
Quoting pm.fx
anyone want to comment this entry forget the image {image}
I'm in the same trade. Entered a bit later than you because I wanted the candle to close above guppys. Target 50 pips/ ADR. will be cautious though and move to BE at 20 pips.

Attached Image (click to enlarge)
Click to Enlarge Name: GPDUSD.PNG Size: 50 KB
Intelligence is the ability to adapt to change. Stephen Hawking
  • #51,255
  • Jan 26, 2015 9:17am Jan 26, 2015 9:17am
Quoting pm.fx
anyone want to comment this entry forget the image {image}
Hi PM,
If your red lines are the Institutions, I would have personally not entered the trade.

You're entering the trade with the hypothesis that the Institutions are wrong - based on your adjacent indicators. Try to answer self-imposed questions - What led you to believe the Institutions are wrongly positioned? They will take you out of the trade in a heartbeat if they're on the other side of your trade.

- Your Daily open is not visible - so no way of knowing if you're going away or into it;
- There's no cross in the TDI.

Two factors which in my view would have painted a big red NO on the setup - not to mention going against the institutions themselves which I would never do.

Could this trade turn out to be successful of a +100pips, against the positioning of the Institutions ? Absolutely yes. But I would never ever take such a long shot against them. It's a no-go for me.

Hope this helps,
Zef.
Best regards, Zef
  • #51,256
  • Jan 26, 2015 9:28am Jan 26, 2015 9:28am
Quoting cigarguy
{quote} SJ, A walk down memory lane....I remember those Big E trading days as well as he helped so many. Regards, Cigarguy
Cigarguy,

Big E (Eelfranz) was pretty special person
I think he knew his time on this earth was limited
and he wanted to pass on his knowledge...
This Tms thread is a tribute to Big E.
I hope he is proud of it ...
sj
  • #51,257
  • Jan 26, 2015 9:29am Jan 26, 2015 9:29am
Quoting ZeF
{quote} Hi PM, If your red lines are the Institutions, I would have personally not entered the trade. You're entering the trade with the hypothesis that the Institutions are wrong - based on your adjacent indicators. Try to answer self-imposed questions - What led you to believe the Institutions are wrongly positioned? They will take you out of the trade in a heartbeat if they're on the other side of your trade. - Your Daily open is not visible - so no way of knowing if you're going away or into it; - There's no cross in the TDI. Two factors which...
ZeF,

I like your chart analysis which is very thorough....you not only asked the important questions your answers IMO are right on .

Regards,
Cigarguy
Keep It Simple
  • #51,258
  • Jan 26, 2015 9:33am Jan 26, 2015 9:33am
Quoting snarlyjack
{quote} Cigarguy, Big E (Eelfranz) was pretty special person I think he knew his time on this earth was limited and he wanted to pass on his knowledge... This Tms thread is a tribute to Big E. I hope he is proud of it ... sj
SJ, Yes indeed he was special and his insight into trading continues to help many traders today as it did at its inception....

Regards,
Cigarguy
Keep It Simple
  • #51,259
  • Jan 26, 2015 9:40am Jan 26, 2015 9:40am
I was busy and just came back for my charts, happend to see both GN & GU had good TDI angle on M30 bounced off Daily Open Line and Guppy. +80 green +25 green
Attached Image (click to enlarge)
Click to Enlarge Name: 26.1.15 GN GU long +80+25.png Size: 93 KB
Appreciation is the key to wealth and happiness
  • #51,260
  • Jan 26, 2015 9:44am Jan 26, 2015 9:44am
Quoting likica
I was busy and just came back for my charts, happend to see both GN & GU had good TDI angle on M30 bounced off Daily Open Line and Guppy. +80 green +25 green {image}
likica,

Nice trades and good catch.....

Regards,
Cigarguy
Keep It Simple
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