who?

Trading Made Simple

[quote=33drifter;4630110] without harping on it mate.....my point is...at your RR, if you have a losing streak of say 3 trades in a row...at your RR you need 6 winners just to get back to even (assuming your TP is fixed)

Trading Made Simple

Lets work on this together....see the post I just put up for drifter....maybe you could do the same if you dont mind. Between us sure our trade selection may be different but we should be able to come up with similar SL's???...maybe oh and I ...

Trading Made Simple

[quote=33drifter;4630110] Yes dont get me wrong.....trade selection is just as important...in fact hone your trade selection and your RR increases. The concern is...as traders we will ALL have a bad run at some stage....its a given.....and if your ...

Trading Made Simple

zoom out

Trading Made Simple

I took that too....going with the trend.....4 hour and daily all agree, everything looked good except price seems to be consolidating a bit if you drop down a chart you can see it....however I was happy to overlook that as the candle was big and the ...

Trading Made Simple

I COMPLETELY agree. Thats one thing that concerns me about this. Most are putting stop losses behind the last swing high candle which can be say 40 or 50 pips on the one hour chart, but taking 20 or 30 pips. I know this method seems to have a high ...

Trading Made Simple

US news in 7 minutes for anyone holding positions

Trading Made Simple

are you having a bit of a dig at me with that??

Trading Made Simple

Well thank you all for your input on the SR levels....now I have another 18 different ways to look at it on top of the 10 I already have Just kidding......its great to see others perspectives and how you all see it...I think thats why its ...

Trading Made Simple

Yep similar to what I look for...I try and spot little candles in consolidation and levels that have been hit and bounced off a few times as heavy areas.....still I find it the most difficult part of assessing the trade......they ALL have S/R to ...

Trading Made Simple

I would suggest the price is actually sitting on some fairly heavy resistance to the left of the screen where that big hump is...wouldnt you??

Trading Made Simple

Setting up for new candle...Your thoughts on the SR to the left. Everything else looks good providing the cross is there and the candles grow a bit.

Trading Made Simple

Would love to hear from everyones perspective on this: In regards to our trade assessment, in particular the looking to the left of the chart to look for S/R.....to be honest its difficult to find trades that DONT have this prresent....and if BigE ...

Trading Made Simple

Yes it is much better when it comes out from the area above 68 for a short position BUT as Big E said.....he has seen them run 100 pips from down there so dont get out too early. I am on this too. I am more concerned about the stoch about to move ...

Trading Made Simple

And your perception of "important" areas would be?????

Trading Made Simple

Hi Xaphod, I have the mq4 TMS indicator installed. Its the one on the first post. However it say its only version 1, not 1.2?? ANy idea why?? and could you please send me the current version or the version you think we should be using. Sorry for the ...

Indicators for the 'Trading Made Simple' system

Toey you're back I am down 26 odd pips on my E/J short. tdi has flattened but I have decided to stay in....I had a quick look on the 4 hourly and there is a double top forming right now

Trading Made Simple

comments welcome

Trading Made Simple

Yep I see where you are coming from.....I find this trend determination stuff quite subjective. Its amazing the different perspective you get when you zoom in and out too. On the daily I see it as a trend reversal. Just the way I see it and I have ...

Trading Made Simple