I live in the Pacific Time zone. My day candle starts at 9 pm. So I wait 4 hours till the 4th candle closes(it's 12.00 am now) and put pending orders. How would you suggest to put these pending orders? 1 direction, 2 pendings? Confirmation with ...

Trade What You See - Almost Naked Trading

You have my full respect for sharing your system Lawgirl. My question is about the H14CBO. What is your screening time to enter the trade. I understand you wait for the 4th candle close on a new day and enter at the breakout whichever direction that ...

Trade What You See - Almost Naked Trading

Are you saying that you entering the market without predicting the next move?? Don't we all enter and risk because we do predict??

Trading Made Simple

well spotted

Trading Made Simple

If you entered this trade 3-4 bars ago, you are a happy man, counting your pips (should make 40 on this) now and feelin' good. But if you just entered it, you have violated the entry rules in many ways...

Trading Made Simple

Here is a nice bounce opportunity. Very likely it will break and hit the 113 pip S1 level

Trading Made Simple

You guys are kidding right? I hope you are...

Trading Made Simple

Last weeks support is already broken. Once a S/R breaks the price will likely continue to the next S/R, not reverse...Instead of the long cross, I would wait for a short bounce. Be very very careful please...

Trading Made Simple

Well first of there is a strong fundamental reason for the Euro. Bad days are ahead for this currency because of the European crisis. Second, London will close in 3 hours so I dont believe there is enough volume to bring the currency up.

Trading Made Simple

First trade of the week..Entered short 0.8740 with the break of the swing low (bounce of TDI), TP is the weekly support at at 0.8712. Made +28 pips. There is a long cross for the Euro but I refuse to take it for the obvious reason..

Trading Made Simple

Not sure if Dukaskopy will allow an MA on your RSI window but say it does. This is what you do: 1. Create RSI in a new window. Set the parameters to 13 and close, and the color to None, so that it doesn't show. 2. Drag the MA indy into the same ...

Trading Made Simple

This is not a "Trend Following" system so why would you need to put Rsi or Macd to your charts? Please do some backtesting and you will see you will miss most of the profitable trades with those additional indicators.

Trading Made Simple

Here is a very good sample of why not to take every TDI cross blindly. Between Dec 2009 and February 2010 we had 42 entry signals according the TDI which would resulted in mostly losses. Some would argue if we had taken only longs( following the ...

Trading Made Simple

I believe anyone using this system who trades 1 hour or 15 minute charts should do so during or at least close to the London opening. Applying daily pivots will definitely a good guideline as well.

Trading Made Simple

I never liked the idea of using ATR's as stoploss or take profit levels. Just because the range was X pips for the last bars(7 in this case) does not mean it will stay in that range. Just my humble opinion..If it works for you, stick with it..Just ...

Trading Made Simple

Pacific time is what my time zone is so when London opens it is midnight here. Too bad I can not test this great system during those hours..Is anyone trading it with the 1 hour charts?

Sonic R. System

My SL was the top of the signal candle. Which was hit in couple of hours..

Simple Simon Balance Line Trading

Here is an example of how it is important to watch the news. The price made a 150 pips move after it stopped me out. If I had be more careful , I could cash 150 pips but now ended with 51 pips loss.

Simple Simon Balance Line Trading

Another short trade I just entered few minutes ago.

Simple Simon Balance Line Trading

Took this long trade yesterday. Trailing it with Murray Levels,+97 pips guranteed so far.

Simple Simon Balance Line Trading