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  • #301
  • Aug 16, 2016 9:21am Aug 16, 2016 9:21am
Thanks It's another my today set up. I need more practice with leading position.
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"The essence of Discipline is that there are no exceptions" - Jack Schwager
  • #302
  • Aug 16, 2016 5:19pm Aug 16, 2016 5:19pm
Quoting Go5
{quote} Got 38 from that one, close to 1/2 adr... {image}
Nice Go5 it did make a new MACD peak just took a while and some spikes to get there.

I too exited before the change of direction for a few pips.

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Had i had braved it out according to my rules would have got 50 odd pips when new MACD peak was formed. Guess thats trading.
We're all just one trade away from humility.
  • #303
  • Aug 16, 2016 5:28pm Aug 16, 2016 5:28pm
Quoting Panisko
Thanks It's another my today set up. I need more practice with leading position. {image}
Hey Panisko i notice you use the old indicator I had problems with newer builds of MT4 and that one. It needs quite a lot of power to calculate, The one i use at the moment is 3_Level_Zz_Semafor_v2 600+ (is in paperclip).

Also found that reducing Max bars in history and Max bars in chart can improve performance of the charts particularly if you trade multiple charts/pairs.

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We're all just one trade away from humility.
  • #304
  • Aug 16, 2016 6:37pm Aug 16, 2016 6:37pm
Quoting Drewas
This is a system I have developed and used since 2010 with consistent success. The system is based on the Trading Made Simple (TMS) system, adding my own indicators and trading style. Most of this method is thanks to Eelfranz whose Trading Made Simple (TMS) thread allowed me to be successful at this game of trading. His and Phx62s...
Hi

Would you please be able to provde me with the dots indicator that is suppose to appear on the semaphor as i can't find it!

Thanks
  • #305
  • Aug 16, 2016 6:49pm Aug 16, 2016 6:49pm
Quoting tillionaire
{quote} Hi Would you please be able to provde me with the dots indicator that is suppose to appear on the semaphor as i can't find it! Thanks
Nevermind i've found it!

So... How's everyone's trade history been looking like with this system!?
  • #306
  • Aug 17, 2016 3:15am Aug 17, 2016 3:15am
Quoting Drewas
{quote} Nice Go5 it did make a new MACD peak just took a while and some spikes to get there. I too exited before the change of direction for a few pips. {image} Had i had braved it out according to my rules would have got 50 odd pips when new MACD peak was formed. Guess thats trading.
However, you also mentioned getting out at more than a 50% retrace (of what exactly?), color change, hooking TDI and a "soft" SL of about 20 pips - all of which appear to have happened here. It makes all the difference whether we are in profit at that point or not I guess.
  • #307
  • Aug 17, 2016 3:23am Aug 17, 2016 3:23am
Quoting tillionaire
{quote} Nevermind i've found it! So... How's everyone's trade history been looking like with this system!?
Have you thought about the importance of a trader (Drewas in this case) sticking to a system, almost unchanged, for about 5 years?
  • #308
  • Aug 17, 2016 5:59am Aug 17, 2016 5:59am
Quoting Go5
{quote} However, you also mentioned getting out at more than a 50% retrace (of what exactly?), color change, hooking TDI and a "soft" SL of about 20 pips - all of which appear to have happened here. It makes all the difference whether we are in profit at that point or not I guess.
A 50% or more retrace or more usually is early indication that next candle is changing colour. The larger the candle the more likely the change. See todays EURJPY as example.

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Of course theres no guarantees and theres nothing to say next candle wont continue up but its all about putting odds in your favour and cutting short losses.
We're all just one trade away from humility.
  • #309
  • Aug 17, 2016 7:52am Aug 17, 2016 7:52am
Quoting Drewas
{quote} A 50% or more retrace or more usually is early indication that next candle is changing colour. The larger the candle the more likely the change. See todays EURJPY as example. {image} Of course theres no guarantees and theres nothing to say next candle wont continue up but its all about putting odds in your favour and cutting short losses.
I am short in EJ...looking at the Kijun (set for 10) could be a nice visual for when to get out?
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  • #310
  • Aug 17, 2016 10:45am Aug 17, 2016 10:45am
Quoting Go5
{quote} I am short in EJ...looking at the Kijun (set for 10) could be a nice visual for when to get out? {image}
Nice trade missed that one be quids in if you trailed stop behind last candle!
We're all just one trade away from humility.
  • #311
  • Aug 17, 2016 10:51am Aug 17, 2016 10:51am
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Classic entry after yellow sun, TDI cross trail stop behind last candle or two 80 odd pips at the moment if you held on easy.

I of course missed this one as in meeting this morning (i am always so wise after the event) .

Glad some got some pips off of it.
We're all just one trade away from humility.
  • #312
  • Aug 17, 2016 11:19am Aug 17, 2016 11:19am
EJ update: +32
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And closed for -12 on GJ

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  • #313
  • Edited 8:21am Aug 18, 2016 6:51am | Edited 8:21am
New trade. Entered away from Yellow sun. No TDI cross but was confident because the daily average was almost exhausted and price always goes to new MACD peak after yellow sun.

Set take profit to 50 pips and went to meetings. Is so nice when you glance at the phone to see the target hit.

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We're all just one trade away from humility.
  • #314
  • Aug 18, 2016 7:12am Aug 18, 2016 7:12am
Quoting Drewas
New trade. Entered away from Yellow sun. No TDI cross but was confident because the daily average was almost exhausted and price always goes to new MACD peak after yellow sun. Set take profit to 50 pips and went to meetings. Is so nice when you glance at the phone to see the target hit. {image} {image}


Got thrown out of my AU short at BE -put that on since it could not make new LL for 2 hours...
Still long on UCAD
  • #315
  • Aug 19, 2016 3:09am Aug 19, 2016 3:09am
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One trade today TDI cross away from yellow sun. New MACD peak likely.

Around 25 pips at the moment.
We're all just one trade away from humility.
  • #316
  • Aug 19, 2016 3:49am Aug 19, 2016 3:49am
Quoting Drewas
{image} One trade today TDI cross away from yellow sun. New MACD peak likely. Around 25 pips at the moment.
Got that one too. Had to close AU for -19. (Comments more than welcome..)
Also short on GU (Why did you not take the GU ?)

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  • #317
  • Aug 19, 2016 4:37am Aug 19, 2016 4:37am
Quoting Go5
{quote} Got that one too. Had to close AU for -19. (Comments more than welcome..) Also short on GU (Why did you not take the GU ?) {image}
Nice trades. Only need a couple of winners per week to earn good money. I work also, cant always watch trades so generally like higher ADR moving pairs.
We're all just one trade away from humility.
  • #318
  • Aug 19, 2016 5:07am Aug 19, 2016 5:07am
Quoting Drewas
{image} One trade today TDI cross away from yellow sun. New MACD peak likely. Around 25 pips at the moment.
Trailing stopped out for 13 pips.
We're all just one trade away from humility.
  • #319
  • Aug 19, 2016 9:09am Aug 19, 2016 9:09am
Quoting Go5
{quote} Got that one too. Had to close AU for -19. (Comments more than welcome..) Also short on GU (Why did you not take the GU ?) {image}
EJ: +10, GU:Got out for - 13 and reentered for +28 - closed early, had to leave...
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  • #320
  • Aug 22, 2016 8:23am Aug 22, 2016 8:23am
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USDJPY entered at TDI cross around london open trailed stop down for 46 pips. More on table but thats fine.
We're all just one trade away from humility.
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