Example: BIG NEWS day??? — The U.S. Federal Reserve Board meeting now (Tuesday afternoon EDT in U.S.) to set U.S. interest rates . . . an example of a BIG news day??? Interesting to see the effect on USD pairs (if any. Depends on what action ...

Simple Daily System

"SIMPLE" Testing & Development - Demo Acocunt — I have a live and demo FXCM account . . . like them very much, however their internal charting is clunky and funky! I have always used MT4 for charting (but there again, MT4 uses a ...

Simple Daily System

North Finance Demo Account — For purposes of testing SIMPLE . . . I will open a North Finance demo account today. They are based in Cyprus (+2GMT) With North Finance, that will make three of us on the "same page." I like the MetaTrader4 ...

Simple Daily System

As we ALL have time . . . can everyone involved in testing, paper trading, etc. this system please post: 1.) What charting software they are using. Its perfectly OK to use ANY other charting software you wish for other systems, but for "SIMPLE" we ...

Simple Daily System

EUR/USD — Anyone watching this pair today/tonight? Would like your thoughts regarding the 3-day bars . . . did anyone take a trade and why? Regards, K

Simple Daily System

EUR/USD — Following on with "Thing's" comments about how to analyze a trade setup . . . I thought I would post this for discussion purposes. I have my own ideas about this 3-bar "setup" . . . but will open the floor to discussion! POSTING AT ...

Simple Daily System

FXCM: DAILY end time — FXCM DAILY BAR OPEN: 05:00:00 p.m. EDT GMT-4

Simple Daily System

Looking forward too! — Thing, Just wanted to thank you again for your efforts! I too, am looking for a simple tool (filter) that can add to our succcess on day 4. And when we can identify a couple of easy additional checks/go-nogo's for ...

Simple Daily System

AUD/USD — Just for information . . . June-July 2007. If this pair ever trends like this again . . . it will be a good SIMPLE pair to track and watch for. Sorry for the very crummy screen shot of the daily (NetDania.) Until the subprime woes ...

Simple Daily System

Just a comment . . . — If the SIMPLE rules have to be modified slightly (for example, adding the 50EMA or checking the 4-hr chart with some simple analysis) . . . that is one thing. However, if we have to add, and add, and add Fibo's, TL's, ...

Simple Daily System

Fully agree! — Fully agree!! Thing's SIMPLE system . . . is just that . . . SIMPLE! I would never want to tweak it very much! I see so many of the trading systems on this Forum turn into an almost incomprehensible tangle of jumbled MA's, ...

Simple Daily System

GBP/USD: Trade Results — RESULTS: (PAPER TRADE) 09980512 GBP/USD 100K 8/5/07 3:33 PM 2.0391 8/5/07 7:18 PM 2.0431 +400.00 USD GBP/USD 1 lot opened as above . . . closed as above SL: 2.0301 (-90 pips) TP: 2.0431 (+40 pips) I can see those palm ...

Simple Daily System

Like your Max Price Excursion concept . . . get's to the heart of our SL issue. If we can determine with some replication (on "good" trades) what the down excursion was (in the traded daily bar,) we could refine our SL to the minimum necessary (plus ...

Simple Daily System

DAILY CANDLE OPEN: 5 PM EDT (post meridian) — Something was bothering me about the Daily candle answer I received from FXCM . . . So, I spoke with FXCM tech. support again . . . different person. The daily candle for FXCM opens at 5:00 PM EDT ...

Simple Daily System

GBP/USD: Monday, Aug. 6, 2007 (paper trade) — GBP/USD (!!PAPER TRADE ONLY!!) Tempting . . . PLUS: 3 green bars (nice shape, etc.,) Upward price support from EMA-50, decent positive spread on all green candles (Opens-to-Closes,) Fib's OK MINUS: ...

Simple Daily System

NetDania.com: Daily candle open time — From FXCM technical support . . . The daily candle opening on NetDania.com charting is 8:00 AM Eastern Daylight Time (EDT - New York.) That is 5:00 AM Pacific Standard Time (PST for me in California.) ...

Simple Daily System

CHF/JPY looks good — Hi Kittiman, Like your idea about CHF/JPY. The pair looks good for a GREEN Monday . . . or at least more than enough GREEN upside for a profitable trade (beauty of trading longer time frames . . . we have time to react if ...

Simple Daily System

Testing "Simple" (1-2-3-go/nogo) — Hi Thing, For PAPER TRADING AND TESTING your terrific "SIMPLE" . . . I intend to stick with the original SIMPLE system as outlined on Post #1. After all, that is what we are testing/developing (pass ...

Simple Daily System

Compare trades . . . — Thing, For Apples to Apples comparisons, I am going to watch: 1.) GBP/USD, GBP/JPY, EUR/JPY, and AUD/USD 2.) SL 100 - TP1(40 pips) - TP2(65 pips) 3.) FXCM Regards, K

Simple Daily System

GBP/USD — "NOTE: THE PROPER 3-BAR SETUP OCCURED Monday-Wed . . . with trade on Thursday." Thing, Excellent GBP/USD trade! K

Simple Daily System