Trading Made Simple | Page 2911 | 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

  • #58,201
  • Edited 2:36am Jun 23, 2015 2:19am | Edited 2:36am
Went short GU H4, Thought it was a bounce trade, but lost -37pips
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 39 KB
Winners Never Quit, Quitters Never Win
  • #58,202
  • Jun 23, 2015 2:45am Jun 23, 2015 2:45am
Quoting hsn100
Went short GU H4, Thought it was a bounce trade, but lost -37pips {image}
its a good bounce trade but why you closed it even though the candle is still not closed yet?
  • #58,203
  • Jun 23, 2015 2:47am Jun 23, 2015 2:47am
Quoting hsn100
Went short GU H4, Thought it was a bounce trade, but lost -37pips {image}
GU was dancing at resistance level so I didn't go. Nothing seems eye catching for me today.
  • #58,204
  • Jun 23, 2015 2:51am Jun 23, 2015 2:51am
Quoting vayzardos
{quote} its a good bounce trade but why you closed it even though the candle is still not closed yet?
i didn't, now i've to check my CM settings. Now it's coming down, day trend also seems to be bearish
Winners Never Quit, Quitters Never Win
  • #58,205
  • Jun 23, 2015 2:51am Jun 23, 2015 2:51am
Quoting redfan
my frist two yellow line buy trade this moring {image} {image}
I love the simplicity of your charts. can you share the template or the indicators. I also use TDI but yours is simple.
  • #58,206
  • Jun 23, 2015 2:55am Jun 23, 2015 2:55am
Caught a critter in GU H1. 14+ pips.
Attached Image


Exit below 1.58000 as there is the possibility of the trade turning from there.

Any suggestions/advice on how i could have traded this better?

Zz
  • #58,207
  • Jun 23, 2015 2:55am Jun 23, 2015 2:55am
Quoting hsn100
Went short GU H4, Thought it was a bounce trade, but lost -37pips {image}
Hsn100,
I was also watching GU, and other three amigos pre-euro/uk open. Asian session had surprisingly strong moves on GU, EU, AU.

I did not enter a trade on any pair and on GU i remember the different TF's gave mixed signals and weird PA.

That said, your SL seems a bit tight for a H4 trade or perhaps you closed it manually.

Happy trading,
N
  • #58,208
  • Jun 23, 2015 3:03am Jun 23, 2015 3:03am
Quoting hsn100
{quote} Hi Dimi.A! I've downloaded the synergy pro revised zip file and installed in my mt4 indicator folder and restart it. But it was not starting and i've to reinstall the whole mt4 platform.
That shouldn't have happened. They are the indicators as packaged from Forex Winners. I'm using them now as we speak!

Try it again, make sure you install them and load them in the right directories. Also make sure you be patient when loading a few of the Synergy indicators like the Synergy Arrows and the Synergy MTF etc
  • #58,209
  • Jun 23, 2015 3:10am Jun 23, 2015 3:10am
Quoting hishamzz
Caught a critter in GU H1. 14+ pips. {image} Exit below 1.58000 as there is the possibility of the trade turning from there. Any suggestions/advice on how i could have traded this better? Zz
Hi,

when you trade against the Day Candle Bias and against the last H4 candle, better grab and run with what the market gave you.
to trade better, look at higher TF what it is doing to be on the higher probability side.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD 23 Jun pipware charts.png Size: 41 KB


regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #58,210
  • Jun 23, 2015 3:13am Jun 23, 2015 3:13am
Quoting hsn100
Went short GU H4, Thought it was a bounce trade, but lost -37pips {image}
hmm the trend is up shouldn't you be looking to go long? this is like the first time the price line has dipped so low in weeks, should probably be buying the cross UP imo.
  • #58,211
  • Jun 23, 2015 3:24am Jun 23, 2015 3:24am
Quoting rabhni
{quote} That was a good explanation Thanx Emm. Spread is going to eat half of our profit though

Don't worry about the spread when its is less than 5% of the ADR.
Our target is 60% of the same ADR.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #58,212
  • Jun 23, 2015 3:27am Jun 23, 2015 3:27am
Quoting bobbyspider
{quote} hmm the trend is up shouldn't you be looking to go long? this is like the first time the price line has dipped so low in weeks, should probably be buying the cross UP imo.
Weekly is Up,
Daily in retracement

So we buy low.... H4 4H-Swing traders.

or

we build positions in the retracement.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #58,213
  • Jun 23, 2015 3:32am Jun 23, 2015 3:32am
Quoting dreammore
My yesterday trade hit my stop loss and i will be taking a break before i trade again. Btw, how do i trade based on momentum, volatility and market strength? And where can i get the updated TDI indicator? Does a big candle means a wide range bar? When comes to support and resistance, i should look for buy at support and sell at resistance? How do i look at the previous weekly candle to determine the trend? If the candle is green, it is uptrend and when the candle is red, it is downtrend?

Hi,

which trade hit stop loss?

your EU H4 posted yesterday:
where did you place your initial stop loss?

can you drag the closed trade from your terminal Account History and post the trade chart.

thanks.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #58,214
  • Jun 23, 2015 3:43am Jun 23, 2015 3:43am
Quoting emmanuel7788
{quote} Weekly is Up, Daily in retracement So we buy low.... H4 4H-Swing traders. or we build positions in the retracement.
Hi Emman,

How do you know if the H4 is done with its retracement work and working back up again. PA confirmation of a bullish signal?
  • #58,215
  • Jun 23, 2015 3:53am Jun 23, 2015 3:53am
Quoting birdnest
{quote} Hi Emman, How do you know if the H4 is done with its retracement work and working back up again. PA confirmation of a bullish signal?

On D1 chart, I need to see minimum 2 day bar pattern for a bullish condition. ...no today.
But on H4, I need to see one of those 5-bars swing low at a support level.... right now I don't see any thing.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #58,216
  • Jun 23, 2015 3:57am Jun 23, 2015 3:57am
Quoting macajos
{quote} I love the simplicity of your charts. can you share the template or the indicators. I also use TDI but yours is simple.

Hi,

before you want to tweak the method, you first must learn TMS 5-Method and when you have mastered it, you can tweak whatever you want.

Post#57,857 is a good place to start if you are new here.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #58,217
  • Jun 23, 2015 3:57am Jun 23, 2015 3:57am
Quoting emmanuel7788
{quote} Hi, when you trade against the Day Candle Bias and against the last H4 candle, better grab and run with what the market gave you. to trade better, look at higher TF what it is doing to be on the higher probability side. {image} regards,
Thanks for all your advice sir!! I did notice that the higher timeframes were not playing nice with my trade and thus the smaller TP.

Zz
  • #58,218
  • Jun 23, 2015 5:28am Jun 23, 2015 5:28am
Quoting emmanuel7788
{quote} Hi, which trade hit stop loss? your EU H4 posted yesterday: where did you place your initial stop loss? can you drag the closed trade from your terminal Account History and post the trade chart. thanks. regards,


Hi emmanuel7788, i have attached the chart as requested.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 40 KB
  • #58,219
  • Jun 23, 2015 5:38am Jun 23, 2015 5:38am
Quoting emmanuel7788
{quote} Hi, before you want to tweak the method, you first must learn TMS 5-Method and when you have mastered it, you can tweak whatever you want. Post#57,857 is a good place to start if you are new here. regards,
Respect emmanuel7788：
Hello

There is a synergy_apb1 alarm indicator when the color of the candle can appear sound warning,
The problem is also need help, when the candle color change, in the candle on the arrow tips, it will be more convenient to use，

Thank you very much for my help.
Good luck

Attached File(s)
File Type: mq4 Synergy_APB1 Alerts.mq4   4 KB | 334 downloads
  • #58,220
  • Edited 10:18am Jun 23, 2015 5:53am | Edited 10:18am
Hi emmanuel7788! Today i went short GU and lost -37pips (tight SL, my fault). I thought that on D-chart it's forming bearish ABCD pattern and so the PA will go down on H4 as well. Should i watch PA of weekly chart while trading H4 and ignore the D chart? Need your analysis? Am i wrong? Though not pure tms question, but just trying to learn PA, as i have one naked candle chart besides tms template chart for every currency pair that i'm trading. thnx for your time.

Regards,
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 46 KB
Winners Never Quit, Quitters Never Win
54 traders viewing now, 1 is registered:
NovemberMan