I tried it. In every instance that I saw it crossed the 50 later than the RSI, which is of no benefit that I can see.

Trading Made Simple(r)

There's no guarantee but what is for sure is that if you aren't profitable in demo, then you won't be profitable with real money because it's much harder emotionally. Crawl, Walk, Run.

Trading Made Simple(r)

What is RMI?

Trading Made Simple(r)

Good job! I missed that GBPJPY trade somehow, but I did get the EURJPY trade. image

Trading Made Simple(r)

I was short, and I'm still in it. image And before anyone asks. I took it based on the 4 hr. chart, but I want to turn it into a daily trade so that's why my stop is where it is.

Trading Made Simple(r)

You are absolutely 100% correct. One of my steadfast rules is: "NEVER trade against the RSI" In fact, it's so important that you could probably make money using nothing but the RSI, the right time frame, and good money management.

Trading Made Simple(r)

PERSONALLY, I don't like trading the CHF or CAD pairs. I do it sometimes, but they seem to disappoint me more often than not.

Trading Made Simple(r)

To me, a valid signal is a valid signal. The signal doesn't know what day of the week it is, nor what time it is. So if the signal doesn't care, then why should I?

Trading Made Simple(r)

I trade just the same every day. The day of the week never matters to me.

Trading Made Simple(r)

Great job creating this. I added it to Post # 1. I am sure it will help many others.

Trading Made Simple(r)

I honestly don't know how anyone could read through over 3,600 (THREE THOUSAND, SIX HUNDRED) posts and still ask some of the ridiculous questions they do. OTHERWISE, it must mean that they have not read all of the posts and so they have no idea how ...

Trading Made Simple(r)

I don't know what the difference is, and it's not in any way important to me. If you want to know, you can always google each one and find out. There is no individual use. I only use them TOGETHER with each other. When they are BOTH blue, I only ...

Trading Made Simple(r)

You're welcome. Best of luck to you!

Trading Made Simple(r)

Excellent! Good job.

Trading Made Simple(r)

You're welcome! Great job!

Trading Made Simple(r)

You're welcome. And thanks for sharing!

Trading Made Simple(r)

Great Job! I am glad to see that it's working for you. Why don't you share with us what specifically you are doing to achieve those results?

Trading Made Simple(r)

I said: "Here's what I think you should when you are learning to trade OR trying to finally get profitable." Doing what I suggested in Post #3604 is just an exercise to help new traders get used to taking trades, placing stops and targets, and ...

Trading Made Simple(r)

Here's what I think you should when you are learning to trade OR trying to finally get profitable. 1. Trade SMALL! Bet the same small amount on every trade. Risk something like 1/4% or 1/2% per trade, but NEVER more than 1% of your account. 2. When ...

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Both are valid, however both Daily trades are going in the opposite direction of their respective Weekly and Monthly charts. IDEALLY, it would be BEST if you took trades that are going in the same direction as the higher time frames. It's ALWAYS ...

Trading Made Simple(r)