Trading Made Simple | Page 2718 | 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

  • #54,341
  • Mar 2, 2015 11:36pm Mar 2, 2015 11:36pm
Quoting snarlyjack
Getting back to our training chart, the aud/usd 30 minute chart. It was bouncing all day on the "Dots" short take profit 2 line. 4 times, price bounced on the line...easy profits...no big deal! sj {image}
sj, just to clarify did you enter at the DOTS Sell line (looks like it only just touched it) and then target ST2?
  • #54,342
  • Edited Mar 3, 2015 12:30am Mar 2, 2015 11:36pm | Edited Mar 3, 2015 12:30am
Quoting Ballistical
Screenshot {image}
Ballistical;

Your entry is a good one!
Why did not you put tp at 20 / 25 ?
Your tp is 50 again!
Set the R/R to 20-10 or 30-15 and do it again and look at the trend! H4 is down trend!
When you are in down trend, should not wait for a 50 pips tp !

Regards
  • #54,343
  • Edited Mar 3, 2015 12:14am Mar 2, 2015 11:37pm | Edited Mar 3, 2015 12:14am
Quoting snarlyjack
{quote} Horus, This is one of those charts where I go hmmm... Are you looking to go short? It is kinda in "no-man's land". Right in the middle...Let the Tdi be your guide! sj {image}
Going long. Hope my judgement is right. I'm on M30 tf.
  • #54,344
  • Mar 2, 2015 11:42pm Mar 2, 2015 11:42pm
Quoting haydo147
{quote} Thanks SJ, The work that I've been putting in over the last year or so (outside TMS) is finally paying off, and I'm loving every bit of it. Although i still do have a very long way to go to get to the level of some of the traders in here, yourself included. If you have the time take a look at UCAD and let me know what you think, I'm currently waiting on a short entry that I've been watching of the last few days although i would like to see 1.25 broken before i make any decisions. {image} -hayden
Haydo,

Trading takes time to learn. You might as well
enjoy the process & learn some new things...I learn something
new everyday. Their are some amazing traders in here!

The usd/cad looks tight to me on the daily...check out my chart.
sj
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADDaily.png Size: 55 KB
  • #54,345
  • Mar 2, 2015 11:44pm Mar 2, 2015 11:44pm
Quoting snarlyjack
{quote} Birdnest, That is funny! It takes time to learn how to trade. Practice, practice, practice... sj

Haha, yes practice.

I am watching EUR/AUD and GBP/AUD. It seems like its going to take a new direction on D charts. yay!
  • #54,346
  • Mar 2, 2015 11:46pm Mar 2, 2015 11:46pm
Quoting snarlyjack
{quote} Haydo, Trading takes time to learn. You might as well enjoy the process & learn some new things...I learn something new everyday. Their are some amazing traders in here! The usd/cad looks tight to me on the daily...check out my chart. sj {image}
Yeah things are pretty tight on the Daily, although I'm not sure why but my daily candle for today is bearish.

Trading off the 4H if 1.25 is broken i think ill take a short, hoping we can bounce from the trending resistance shown on the Daily.
  • #54,347
  • Mar 2, 2015 11:47pm Mar 2, 2015 11:47pm
Quoting usdtrader
{quote} sj, just to clarify did you enter at the DOTS Sell line (looks like it only just touched it) and then target ST2?
Usdtrader,

I like to enter the trades as they are coming out of the pac
and use the levels in the Dot's more as exit signals. Every
trade is different... but the Dot's entry can be really late.
But the exits are excellent.
sj
  • #54,348
  • Mar 2, 2015 11:56pm Mar 2, 2015 11:56pm
Quoting birdnest
{quote} Haha, yes practice. I am watching EUR/AUD and GBP/AUD. It seems like its going to take a new direction on D charts. yay!
Birdnest,

On the Daily chart, they are looking pretty bearish to me.
Watch the Tdi...
sj
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURAUDDaily.png Size: 60 KB
Click to Enlarge Name: GBPAUDDaily.png Size: 57 KB
  • #54,349
  • Mar 3, 2015 12:01am Mar 3, 2015 12:01am
Quoting Pervis
{quote} Hi TSS, Here is what you need {image}
I have these settings and knows them by heart, the problem is I dont know how to add those to Trade Interceptor , regular MT4 on Andoid Mobile dosent come with extra tools, ie Trend lines, Fibs, Support and Resistance but trade interceptor has em all

Thanks for ur help Pervis
I Have Learned to Take Some Losses to Make Profits
  • #54,350
  • Mar 3, 2015 12:14am Mar 3, 2015 12:14am
Just took a short on UCAD, would of liked to see 1.25 break but i have to go out so I've entered at the cross

Attached Image (click to enlarge)
Click to Enlarge Name: UCAD short1.png Size: 45 KB


Also added another short position to EA, i feel i set this mornings target wrong and may be able to test 1.422XX today, well see what happens.

Attached Image (click to enlarge)
Click to Enlarge Name: ea short1.png Size: 45 KB


-hayden
  • #54,351
  • Mar 3, 2015 12:15am Mar 3, 2015 12:15am
HI All,

Has anyone had any issue with the ASR indi? Mine is showing up not as a small square but as a symbol. Same thing with the DSR.

Edit: I am taking out the guppys, although I really like them on the lower TF trades. I also really like the tdi angle, outside the pac, and 2nd candle, PA is sitting right above the light grey box, suggesting no trade. Thoughts?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 177 KB
  • #54,352
  • Mar 3, 2015 12:54am Mar 3, 2015 12:54am
EURAUD-M15....Just break previous MN low
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-03-03_12-51-10EURAUD.png Size: 40 KB
Sad i'm not trying to understand PA
  • #54,353
  • Mar 3, 2015 1:11am Mar 3, 2015 1:11am
Quoting merrygold
{quote} Nice job TSS!! Could you share your broker, would be nice to have 0,3spread on GJ!
I use pepperstone , razor account type, it has lower spread but with commission , am happy with it, works well with the way I trade , you can check em up and see if u like their service
I Have Learned to Take Some Losses to Make Profits
  • #54,354
  • Mar 3, 2015 1:28am Mar 3, 2015 1:28am
Quoting omonisha
EURAUD-M15....Just break previous MN low {image}
EA _ H4 Channel Update
Attached Image (click to enlarge)
Click to Enlarge Name: EA_H4_Channel Update.png Size: 53 KB
I Have Learned to Take Some Losses to Make Profits
  • #54,355
  • Mar 3, 2015 1:33am Mar 3, 2015 1:33am
I have recently joined and am looking forward to get a better understanding of the trading methodology of TMS. At the end of last year, I have spend a few weeks reading through the posts, but realized that I won't get ahead as I am time poor, so I have skipped a few hundred post and found the last few months quit informing. Thanks for all the mentors and the time and effort they have invested to help other members to better understand the system. Keep up the good work. In order to understand and apply the the different indicators, could someone please direct me to pdf files or sites to read more about how to use each indicator?
  • #54,356
  • Edited 2:16am Mar 3, 2015 1:44am | Edited 2:16am
Hello everyone, please help...

Many of the pro traders would recommend to trade longer time frame including the owner of this thread eelFranz in order to make greater profit.

But I have a question, how can pro trader manage to keep D1 trade overnight, especially, when losing pips ?

For example, If I trade h1 or h4 tf, i can quickly realize if i made a good or bad entry within the next few hours. However, If i trade D1 tf, i would need day or days to realize the result, and not to mention TDI green line will move up and down constantly adjusting itself during the process. Right now, I'm just practicing trading using small money. Actually it's not the end of the world if the price hit the stop loss, however, I still closed the trade and call it a day. Because I felt the burden and doubted myself about the decision I made, and began to panic, does anyone have this problem trading daily timeframe?

Anyway, this is the AUD/USD daily trade I took.
Can also anyone tell me, If I should had wait for the comeback or my exit was a good call?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 106 KB
  • #54,357
  • Mar 3, 2015 1:49am Mar 3, 2015 1:49am
Quoting TheScorpS
{quote} EA _ H4 Channel Update {image}
Thanks TS. Yes lets see the MN low line can give us any opportunity
Sad i'm not trying to understand PA
  • #54,358
  • Mar 3, 2015 2:02am Mar 3, 2015 2:02am
Good signal on UJ on Asia time. Got 2 wins on USDJPY for short. 120.08 to 119.70; and 119.92 to 119.68. good luck
  • #54,359
  • Mar 3, 2015 2:23am Mar 3, 2015 2:23am
Been testing TDI for a week now. Can someone tell me if this is a good trade? EJH4
Attached Image (click to enlarge)
Click to Enlarge Name: EJ.PNG Size: 96 KB
  • #54,360
  • Mar 3, 2015 2:54am Mar 3, 2015 2:54am
Quoting ForexAussie
I have recently joined and am looking forward to get a better understanding of the trading methodology of TMS. At the end of last year, I have spend a few weeks reading through the posts, but realized that I won't get ahead as I am time poor, so I have skipped a few hundred post and found the last few months quit informing. Thanks for all the mentors and the time and effort they have invested to help other members to better understand the system. Keep up the good work. In order to understand and apply the the different indicators, could someone...
Im not sure if its what re you looking for , but Babypips dot com gives a good entry for the first steps .
Hope it helped a little
Guido
Risiko birgt immer auch die Chance.
37 traders viewing now