vcary — I had moved my stop to -20 and if it had retraced to that point, I would have been taken out. Most of that retracement was above my entry. It didn't come all the way down and I finally got the 50 pips. To me, the most difficult part of ...

X-Man's Super Simple System

EU last week — Last week was a very busy week for me, without much sleep, but I still managed to get some good trades in. I had already posted Mon & Tues trades. No trades on Wed, Thurs PA was ranging and took a long time to reach profit but ...

Trading Made Simple

EU trades last week — Last week was a very busy week for me, without much sleep, but I still managed to get some good trades in. I had already posted Mon & Tues trades. No trades on Wed, Thurs PA was ranging and took a long time to reach ...

X-Man's Super Simple System

viocable — If I may, let me explain my reasoning for the entries you see on the charts posted by X-Man (post 431). I only trade the EU on the H1 chart during the London session. I do not watch or check any other time frame when I am trading ...

X-Man's Super Simple System

miki — In answer to your comments, attached is a chart for the three trades I took this morning. Trade 1 Following the close of the first red candle and a cross of the TDI, plus knowing volume increases at the opening of the London session, I ...

Trading Made Simple

smash85 — I enter my trades with a 50 pip TP and a 50 pip emergency SL. When PA is strong, I may move my TP to 100 or 200. Very seldom do I allow the trade to take out my 50 pip SL. I will usually exit after 15 to 25 pips, if the trade pulls ...

Trading Made Simple

mikiantony — Yes....per Big E's TMS rules, entry can be made on the 1st or 2nd candle based on a change in candle color and a TDI cross. The TDI had crossed, the candle had change to blue, so I waited for PA to clear the high of the previous ...

Trading Made Simple

tex_pn — I only trade the Frankfurt/London session on H1 (green boxes on my chart). The cross you asked about occurred during the Asian session, which seldom generates enough PA to trade consistantly.

Trading Made Simple

artieboy — I assume you are asking about the 2nd trade. The TDI green had crossed but I waited for the entry candle to turn red before entering. Until it turns red, there is a solid chance it will retrace with a green cross back over. You will ...

Trading Made Simple

EU today — A nice start to the week.....121 pips for the day on two trades taken per the rules of the TMS and my own trading plan.

Trading Made Simple

ForexIdiot — Yes, I took the trade on a strong break of the low of the blue candle. The TDI was just even with the red line when I took the trade and moved below it when the next hour completed. I am very comfortable with trading the 1st or ...

Trading Made Simple

vcary — I find that I use stochs less and less on the H1 time frame.....once one learns PA and how the market moves on a certain pair, there is less need to look at stochastic. I still find it useful if I scalp a few pips on the M15 time ...

Trading Made Simple

EU this week — Attached is a chart with the trades I took this week. Like X-man, my trading plan is based on primarily trading the Frankfurt/London session (shown with the green boxes), which includes the first 3 hours of the NY session (shown ...

Trading Made Simple

Kan — Your assumptions are pretty much spot on. I entered the trade as the candle cleared the high of the first blue candle at 1.3496. When that first blue candle closed, the TDI green had bounced off the red confirming an entry. I waited to ...

Trading Made Simple

zortan — A "bounce" trade is a part of the original rules....perhaps you should go back and read the thread from the beginning....Big E talks about how to take a bounce trade.....He also talks about what he does when a bar reverses on ...

Trading Made Simple

zortan — I have found that there is usually a lot of PA when the London sesson opens. I waited for the 1st candle to close and when I saw the bounce of the TDI, I took the trade at the beginning of the 2nd candle of the London session. It was ...

Trading Made Simple

One more trade — Took one more trade on the H1 this morning....hit the TP.....done for the week.

Trading Made Simple

EU today — Another nice move up on the EU since the Frankfurt Open.....helped along by some news....moved the 50 pip TP to 100 which got hit.....a very good week! TMS works...just follow the simple rules and don't try to outsmart the market. ...

Trading Made Simple

EU today — Had a tough morning with the London session. Entered a trade on the H1, watched it move in my direction and went back to bed. The trade came to within 1 pip of my 50 pip TP and reversed.....took me out at BE for a 1 pip loss. ...

Trading Made Simple

miki — [quote=mikiantony;5139459] Hi miki, I have found the best way to get the pips out of a trade is to get a good setup at a time when there is volume (London Open usually gives good PA), set an emergency SL (50 pips) and a TP of 50 pips ...

Trading Made Simple