I'll take a chance on for instance a buy under the mbl as long as its around the 32 mark (as long as its not right next to the mbl) and a sell around the 68 mark, but if its around the middle line and underneath I won't take a buy and on top of it I ...

Trading Made Simple

We were talking about whether or not I would have taken the cross if I was trading H1. When the cross happened on H1 it was below the mbl. If I was trading H4 it wouldnt have been a trade at all.

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Ok I see it now, its a good cross but (and looking at h1 solely without taking h4 into account) its still just below the mbl but without coming from an extreme so I wouldn't take it until the green crossed the mbl.

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Sorry Kelly not sure which one you mean, how many candles before the blue line is the one you mean?

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I don't like to take crosses too close to the mbl mainly because they very often bounce off of it.

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What number candle did you enter on when you went in the GJ H4?

Trading Made Simple

Are you taking trades based on H1 or H4? If you're taking H4 trades then you need to look for a good cross, not a touch, a good cross. Look at the chart below, I have the same H4 finish candle as you do, this is the h1 chart with the tdi zz looking ...

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Not quite. You missed the part where he said Imagine the hands of a clock face, you should look for longs if the angle of the green tdi line crosses the red at an angle that would be 12-2 on a clock face, and shorts when the angle of the green ...

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If you mean eelfranz's timings they were GMT -8.

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Thanks Xaphod.

Indicators for the 'Trading Made Simple' system

She means the tdi-mtf v1.03 that I have been using for the TMS system, I've tried helping with the little I know, and nothing is working.

Indicators for the 'Trading Made Simple' system

No, you don't have to check the higher timeframe, but you will usually find that a trade will go further if its with what the higher timeframes are doing, even just the last candle, but its really a matter of choice, after all the second trade is ...

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I always look at the next timeframe up to see if its likely to go very far, have you done that and compared the 2 trades?

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Mine are the same openings, I very rarely take the 13:00 London time candle unless its an extremely good signal like GU was on Friday, because it is right on NY open, the best trades I've found are at 5am London time and 9am London, AU, EN and a ...

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Ok didnt realise you were talking about a day, but if I take 17th as the example, the first pic shows the first 4 arrows on your chart, thats where you said you would have gone in at the start of the candle till close. Now look at the 2nd pic, which ...

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Not sure I understand those entries, especially the 50 pips on 17th, I can't actually see a candle, open to close as you have said, that would have gained 50 pips.

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LOL glad it worked out ok, I would have felt really bad if it hadn't

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I'm not quite sure why you shorted all the while the candle was going up? If you had put the trade in at the open I could understand a bit better, but why after the candle had gone up around 16 pips?

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Thats interesting, I always go for the highest atr with the lowest spread that I can find, but as my grandmother would say, there's more than one way to skin a cat

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Why have you chosen usdchf to trade when it has such a low atr, just curious.

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