The start of the week has been a bit rough for me. No opportunities spotted on Monday, but yesterday I took a few signals. Here are my losers for now: I thought that EJ H4 had more room to the upside, at least 1R (for me) before most recent ...

Trading Made Simple(r)

Yes I've thought about that GBPAUD trade and what would have happened with other alternatives. But first to answer your question, each unit has the same size, 0.5% each, so I risk 1.5% (1R), and potentially like here have 3% reward (2R). One of the ...

Trading Made Simple(r)

Results for the 3rd week of trading this methodolgy. 3rd straight week in the green. This time, the pip/trade ratio is getting better, that was my focus compared to last week. Still weak at 7.3p / trade though. image Example of a losing trade: ...

Trading Made Simple(r)

As was explained on the first post of this thread, there are many different possibilities for exit criteria, and it's up to you to choose a method that you're comfortable with. You like going for sure targets without leaving too many pips on the ...

Trading Made Simple(r)

Here is a trade I took at the end of last week, a continuation cross. Going ok for now, TP1 already hit, still 2 units in play. We're at previous R/S flip, there might be some turbulence, but worst case the rest will hit BE. image

Trading Made Simple(r)

Damn! I missed that setup, because it didn't quite fit the criteria. The Stochs reached below the centre line on the last candle, and that was already the 5th HA bar turned red. Butt man that momentum on the current H4 bar is awesome Good for you. ...

Trading Made Simple(r)

What was your reasoning in taking that trade? I looked at daily and H4, there were clearly no signs of a short with this method.

Trading Made Simple(r)

Here is the trade report for this week. I set up another demo account so that I can trade exclusively this method on it, it's easier to track results and isolate them from other methods that I trade. image So overall, second consecutive week that ...

Trading Made Simple(r)

So true, I've seen too many trades kind of reverse just as I click the Buy/Sell button, and got stopped out in 1 or 2 candles... Now I haven't got into the habit of fine-tuning the setups to the 5m TF (seems at first radical to go from H4 to M5, but ...

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Damn I missed the short signal on AUDJPY, well actually it wasn't in the list of pairs that my EA monitors. That's a nice momentum move right at the signal, with some white space to the left. Oh well, better luck next time image

Trading Made Simple(r)

Update on the trades I took the past few days: NZDUSD H4: The first cross signal that occurred at the start of the week turned out fine, my 3 units hit their TPs. 2 days ago there was a continuation signal that I also took, first TP has hit and on ...

Trading Made Simple(r)

Yeah but like I said, the stoch8 is under the median line, it hadn't crossed the purple line yet.

Trading Made Simple(r)

Well if you're on the H4 timeframe, candle hasn't closed yet and the previous candle had it's RSI and Stoch8 in negative territory so no. Now looking at the H1 TF I see there's a cross that happened this morning so that could have been a signal.

Trading Made Simple(r)

NZDUSD H4 Continuation setup: Hull had turn to blue for 4 candles during the pullback, HA candles gone back to red. I'm already in the trade from the initial cross signal, but since this is a setup of it's own it's worth the additional trade. image

Trading Made Simple(r)

Thanks for you input. Now that I look back (and with the power of hindsight), a better setup would have been the short earlier where price touched both M15 and H1 upper band, with a slightly negative slope (around -0.23).

Extreme TMA System

Hi, all the indis I got are from this thread? The setup display is found on post #1, and recently I added the TSMSlope, also found here. Thanks,

Extreme TMA System

Here is a setup that occurred during the asian session that I'm not willing to take, it's more of a continuation setup: the HA candles turned back to green after 3 consecutive red ones; the Hull MA just barely touched the yellow MA. But looking at ...

Trading Made Simple(r)

Well technically the signal bar was the 3rd bar so it was still within the limit. But still, it didn't work out, the signs as to not take the trade could have been regarding the 2nd bull bar, quite a large wick up. Also market structure, that big ...

Trading Made Simple(r)

Here's a crossover trade that I took on GBPJPY H4, on the last candle close. A bit in a drawdown for now. image

Trading Made Simple(r)

After a difficult day yesterday, with only losers hitting SL, I'm back on a green day. AUDCHF H4: The signal candle was different from the 2 MT4 platforms that are running (one for signals, one to place trades). But essentially it confirmed the ...

Trading Made Simple(r)