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- 2scoops replied Jul 4, 2011
Good post - people often confuse trading made simple as just trading any cross we see. We want to be selective of the crosses we take, being aware of your S&R areas (especially where they form on big numbers/pivot points/fib levels) is key as it ...
Trading Made Simple
- 2scoops replied Jul 4, 2011
Everyone seems to be talking about waiting for closure. Closure over the EMA, closure of the candle to confirm the cross - this is not TMS, this is synergy style not BigE's. We don't wait for anything to close, if its a cross at a good angle we're ...
Trading Made Simple
- 2scoops replied Jul 4, 2011
Good to see you getting back to health and posting regularly.
Trading Made Simple
- 2scoops replied Jul 4, 2011
I think your referring to my post where I reminded newbies that we don't trade when green touches red, you only trade clear crosses, if you get a great angle on the green with distance between it and the red then that's ideal, but don't get too hung ...
Trading Made Simple
- 2scoops replied Jul 4, 2011
Yes I see its a clear cross be cautious guys, nothing wrong with sitting out today and watching some vids. I'm getting into combining TMS setups with chart patterns and PA strategy's e.g. This is a simple technique many traders use, when we have a ...
Trading Made Simple
- 2scoops replied Jul 4, 2011
Might be a day for recharging the batteries - happy 4th of July to our USA buddys.
Trading Made Simple
- 2scoops replied Jul 3, 2011
Personally I'm happy to trade a candle 1 setup late if it ticks all the boxes. When I say late I don't mean late after the momentum, I mean late on the candle, you need to get in as soon as momentum has been identified. Candle 2 or bounce trade ...
Trading Made Simple
- 2scoops replied Jul 2, 2011
Well you certainly seem to be doing well with it Bez.
Trading Made Simple
- 2scoops replied Jul 2, 2011
Your trading the more conservative approach aren't you Bez? waiting for the candle to close over the EMA?
Trading Made Simple
- 2scoops replied Jul 2, 2011
I think this video from 50 Pips says it all really. You can have the best system going (and this one is up there with the best), but you need to have some idea of what the key areas are on any chart, draw your key S&R zones and look for TMS setups ...
Trading Made Simple
- 2scoops replied Jul 2, 2011
If candle 1 is a strong candle with a good cross and angle I'll trade it.
Trading Made Simple
- 2scoops replied Jul 2, 2011
Tip for newbies, we don't take trades where green is only touching the red, look for a clear cross with some "air" between the green and the red line, the more "air" the better.
Trading Made Simple
- 2scoops replied Jul 1, 2011
This is the best advice you'll recieve all day, also - don't trade Bank Holidays!
Trading Made Simple
- 2scoops replied Jun 30, 2011
You would have exited before the blue, as soon as you see the TDI flatten or hook over on the formation of the next candle you should be out. Why would you get back in on the red and potentially make the same mistake again. You'd be trading back ...
Trading Made Simple
- 2scoops replied Jun 30, 2011
The red dots are just telling you the trend line had been broken and pushed up/down. Not sure how you get rid of that text, maybe a coder could help. The trend lines are not part of the BigE method but there just to help you with the forex basics. ...
Trading Made Simple
- 2scoops replied Jun 30, 2011
Whatever system you use you need to have an idea of what the big picture is on any pair. Its no good just having a great method like the one BigE has shared without having some basic awareness of what your major S&R levels are for the day. Maybe ...
Trading Made Simple
- 2scoops replied Jun 30, 2011
Bez is right, it was at a strong support big number area, checking your daily TF would have kept you out of this trade. Always check what the big picture is.
Trading Made Simple