Thanks wp3vv - it helps PS Also I've checked Feb's 1st post - he updated it on 31/8/11 and he's OK

The System II (Yes with irony)

Thanks - that is really helpful.

The System II (Yes with irony)

Anybody still using original system profitably? — I've been reading this thread for some time now - I like it. As it is a long thread I wanted to ask if there is anybody here who read it all. If there is such a kind soul it would be nice if ...

The System II (Yes with irony)

Hi Palinkasa. What time would you start? PS I've heard about a trader who uses the fact that gaps tend to close most of the time. He has some sort of system based on it.

Trading Made Simple

Thanks Forethan for the info. I've heard somewhere that the opening gap (that happens on Sunday) is usually filled afterwards.

Trading Made Simple

Thanks Maxtrader. When is the earliest you would start trading?

Trading Made Simple

IDEAL SET UP ON GU — I've found a set up for a short on GU according to the system: TDI green line crossed down sloping red line at an ideal angle, Stoch is going down and last red HA candle closed below the ma line. Just waiting for the ...

Trading Made Simple

It seems there are no scheduled important events tomorrow - is that good or bad?

Trading Made Simple

I can see some set ups on 30 min charts posted here. I thought Eelfranz's system is based only on 4 hour charts?

Trading Made Simple

Thanks Heynjea. I don't think I'm a very good trader. I was just following TDI cross and 4 hours. My broker is a bit different from Eelfranz's - 4 hour candles start at 0:00, 4:00, 8:00 GMT. For this trade I wanted to wait for the green to go flat, ...

Trading Made Simple

Every little helps I'll take +55 from G/U - better than nothing.

Trading Made Simple

Hi The7. You are right - I'll move stop to above 1.6000 - keep 25 pips and see how it goes.

Trading Made Simple

Well - I'm still in. I'm waiting for the green line to go flat.

Trading Made Simple

Hi Thierry and Pecunia. Agree with you - that's a big round number. I'll stay some more and maybe lower the stop. Also good to see how it goes around 15:00 (London time) - US PMI (very important report)

Trading Made Simple

Trying my luck again - this time with GU. Anybody else short?

Trading Made Simple

I stayed a bit longer (additional 50 pips) - maybe time is to get out +130 all together.

Trading Made Simple

Totaly agree. When I say I don't follow the news, doesn't mean I'm not aware of them. Some of the very important scheduled reports I simply avoid like non farm, interest rate decisions, FOMC reports. Usually I don't trade at least 1 hour before the ...

Trading Made Simple

Hi 2Scoops. TBH I don't follow the news that much. As Eelfranz pointed - smaller timeframes (15 minutes etc.) are used by the big boys to take the money from small traders. So I like 4 hourly - it's easier to see where the price is going and at the ...

Trading Made Simple

At that time looked flat, but I stayed. Now it still looks flat but with extra 50 pips from my last post.

Trading Made Simple

If you can comment on the attached chart please. Thank you. Would you close this trade? TDI looks flat to me.

Trading Made Simple