Sorry for rambling! — In an ideal world, we want to use the Daily chart. With, three good daily candles (up or down.) For a long trade, the EMA20>50 with a steady upward 5day-smoothed average trend. For a short, reverse the ideas above. We ...

Simple Daily System

Ideas from 4HR — Hi Haywire, Here's an idea . . . and its OK to be wrong! On the 4HR, take a look at the "velocity" of these apparent trend lines. I like what I see in terms of the Daily chart for Sunday . . . LONG: GBP/JPY - GBP/USD - EUR/JPY ...

Simple Daily System

Indy: Testing Tool — Hi Indy, The variance we are seeing between my data and your FINE testing tool data is due to the slight difference between the "Open-High-Low-Close" data that my server stores (I use a NorthFinance demo account) and the ...

Simple Daily System

Sunday — YEP! The market opens for me at 2:15 PM PST on Sunday! Let's discuss ideas regarding the pairs that are looking good (whatever anyone wants to contribute will be fine!) I will post some of my ideas later. Regards, K

Simple Daily System

I'm certain . . . — . . . that she traded using SIMPLE! :-) +++++++ Tokyo housewife hid 1.7 million pounds in forex gains Fri Aug 24, 1:22 AM ET REUTERS A financially savvy Tokyo housewife who made 400 million yen (1.7 million pounds) trading ...

Simple Daily System

Tester: Data stream — Indy, Just an observation about your TERRIFIC tester . . . NorthFinance's data stream reports Open/Close-High/Low numbers that are slightly different from your tester. What is the data source for your tester? Here in ...

Simple Daily System

Bravo Haywire! Thanks so much for your fine work! I appreciate the effort it took to test SIMPLE like this. Look forward to reading and thinking about your results! Thanks again! K

Simple Daily System

Hello . . . Hello . . . Hello — Apparently, everyone has concluded that SIMPLE is no longer "fast" enough for them. However, with due diligence, the setups presented by SIMPLE do produce many, many more profitable trades than do other "faster" ...

Simple Daily System

GBP/JPY — Currently . . . 3:50 PM Pacific Standard Time The EUR/JPY and GBP/JPY appears to be trending (slight but there . . . and still early in today's daily candle) toward a thrid day UP bar close . . . we will just have to wait to see what ...

Simple Daily System

Aud/usd: Friday Close 8/17/07 — Day one? image

Simple Daily System

Gbp/usd: Friday Close 8/17/07 — Looks to be an interesting setup for CABLE on Monday's open . . . that is if we are following the basic & original rules of SIMPLE (we can ignore Sunday candles - "no count SUNDAY's") I am certain that many here ...

Simple Daily System

Gbp/jpy: Friday Close 8/17/07 — Day one? image

Simple Daily System

Eur/jpy: Friday Close 8/17/07 — Day one? image

Simple Daily System

Eur/usd: Friday Close 8/17/07 — Day one? image

Simple Daily System

Yep, very good times for SIMPLE! And, we are only getting started with it! K

Simple Daily System

A little off topic — Just a brief observation about the "market" in general. The last ten days have seen tremendous turmoil and confusion. People, traders, institutions, central banks, etc. have no real idea about how wide-spread the "credit ...

Simple Daily System

While the market is closed . . . — I would be VERY interested in hearing/learning what ANYONE has learned this past week about SIMPLE . . . and its performance, predictive powers, SL's, TP's, etc. Please everybody!!!!!!!! . . . let's hear what ...

Simple Daily System

Question — Thing, what do you think . . . can Zunk and Johnedoe work together on ATR's? :-) Just kidding guys! Best regards to All K

Simple Daily System

From a SIMPLE testing perspective ONLY . . . I would kinda like to see the markets level out to a more normal level of activity (albeit this is a profitable trading time!) This global credit/liquidity situation has the stock and currency markets in ...

Simple Daily System

Re-Entry Rule — Remember the re-enrty rule! Once a trade has concluded . . . we never re-enter it! No matter how appealing. Find another pair setup or forget it. Please wait for the next 3-bar setup to occur. In all the pairs out there, there ...

Simple Daily System