E/A Daily TF — I closed my trade this morning for +33 pips, 1.7% gain in equity. Now shorting the Eur/gbp on the 1H & will see how it stands just before the 08:30 EST news comes out.

Trading Made Simple

Yes, the Open/Close is 90 pips but the overall High/Low range including the wicks is 178. This might not be a good early night pair to trade but with the alert engaged I'll see if the London session goes my way. Thanks for the comment.

Trading Made Simple

E/A — I set a Buy Stop order yesterday evening on this pair that wasn't hit by 4am local so I deleted it. But I just looked again 15 minutes ago and although the new day doesn't start for another 45 min. I entered again, this time an outright ...

Trading Made Simple

I would like to see an answer to this also. p.

X-Man's Super Simple System

I wait for candle #1 to close and if there is a good, repeat good, cross I enter a trade. Your candle #3 is too late per BigE's rules. Hope that helps.

Trading Made Simple

I don't trade the yen or the swissy - their central banks and finance ministers are all too willing to intervene for their currency's best senario and their gov'ts are too willing to go along. Plus as small countries they can act faster. I'm just ...

X-Man's Super Simple System

I know the old saying: it is better to wish being in a trade than wishing to get out of a bad one. I had Sell Stops for the E/$ (@1.3487) and the E/gbp (@ .8594) this morning around 14:00 gmt but I needed to leave the house and didn't trust my ...

X-Man's Super Simple System

You could put a Sell Stop below the low of the 1st red candle or even more conservatively below the 60ema.

X-Man's Super Simple System

If ever I had any doubt that the Big Boys get info faster and a little before the peons it was this morning. My TPs were hit at 08:00 NY time, the Challenger job report wasn't until 8:15 and the Fed news was right at 08:00 but whatever bank pool ...

X-Man's Super Simple System

woohoo — Just got 140 pips on the 1H E/$; both TPs hit while I was debating to get out at a small loss because of upcoming news. 1st time the news has been good to me.

X-Man's Super Simple System

That candle on my chart was at 07:00 NY time, one hour before the open or am I wrong on this time business? p.

X-Man's Super Simple System

[quote=hale-mary;5177624]First of all, please dont look at my chart and think that I am over complicating trading. The lines are simply there to help me see S/R levels clearer. (I already know which ones to ignore. This is the craig harris template ...

Trading Made Simple

That's the way I read it too, 2 losses would be a big hole to fill at +15 pips/trade. To each his own goes the old saying.

Trading Made Simple

NY is ranging and the market news is gloomy so I am sitting out this Monday. Maybe later, maybe Tuesday.

X-Man's Super Simple System

I did as you suggested but don't like the visual so I reset the Daily to "0", is that correct?

X-Man's Super Simple System

D. channel on the 4H — Thanks lazylobster, leona, & spyderman - I think I got it (as in maybe) and will get it on the charts. p.

X-Man's Super Simple System

and yes i trade only 4H for my swing trading method with the daily TF set. Sorry but I don't quite get the meaning of this. Do you somehow put the Daily TF onto the 4H chart? I don't know how to do this. Or do you run 2 screens side by side - one = ...

X-Man's Super Simple System

X-Man - take a look over on BabyPips, someone has started an SHI strategy over there, you might want to compare/contrast with it when you start your new thread. Q. - you don't use your SHI channel with the 1H London & NY opens, right? Again, many ...

Trading Made Simple