Absolutely right....I like those set ups, as well but in this case I missed the divergence.....nice catch.

Trading Made Simple

That trade was based on the rejection of price at the channel center line, with a strong pullback from that line. It was also LO which often reverses from the Frankfurt candle (in fact, I got to the charts just as the LO candle opened and watched it ...

Trading Made Simple

I am still drawing some by hand and also using the method Bizzzle posted here url . The gray channel was drawn by hand, the blue is the Fibonocci indicator.

Trading Made Simple

Another good week using TMS principles while continuing to test using channels for profit targets. Entered the week using the gray channel as a guide until it was broken following the 73 pip trade. Price formed a new channel (blue) that was good ...

Trading Made Simple

THANKS BIZZZLE......

Trading Made Simple

1. I did not enter 2 hours previous because I had no signal to enter. Price was consolidating and had created a wedge between the bottom channel line and the downtrend line. I waited for a price break out of that wedge. When price broke above the ...

Trading Made Simple

One last trade this week....a classic TDI trade that hit my target. Entry made on a break above the trend line with TDI green crossing over red, yellow and the 50 line.....reached the target. A very nice set and forget trade. image

Trading Made Simple

First, let me state, this unproven method is not for newbies or traders without a proven trading plan. It is also NOT a part of the Trading Made Simple system. I am simply answering the questions presented to me by Emmanuel. I tried the Shi Channel ...

Trading Made Simple

Attached are my trades for the week on EUR/AUD H1. As I stated before, nothing has changed with my trading except that I am experimenting with using channels to set targets instead of entering with a fixed target of 50 or 100 pips. Everything else ...

Trading Made Simple

see post 30039 for the ea and a pdf explaining all the options.

Trading Made Simple

Emmanuel is absolutely correct. Look at the M15 chart he posted. Following my entry on the first trade, price only pulled back 8 pips before going down to hit the target.

Trading Made Simple

TheScorpS,I have never used the Bolinger Bands on the TDI indicator.

Trading Made Simple

A. If you have read some of my previous posts, I have explained that one thing I look for is for the high or low of the London session to be made during the first couple of hours of the London session. Based on hundreds of hours of testing and ...

Trading Made Simple

Picked up a couple of nice trades today (last night for me) on the EUR/AUD....one during the Asian session and one shortly after London opened. image

Trading Made Simple

Break out the crystal ball....LOL

Trading Made Simple

No, I'm not trying to re-invent the wheel. You are correct, I am just trying to determine if channels can help me find reliable big move targets....still testing for now but there was a strong break up over the divergent line that moved well past ...

Trading Made Simple

I've been away for a few days....took my lovely wife on a vacation cruise. No internet, no phone service, no trading. A very nice get away. I did download some reading material on forex trading and back tested some ideas on my charts while relaxing. ...

Trading Made Simple

Thank you, sir!!!

Trading Made Simple

I entered one trade during the Asian session following the AU news release. I waited for confirmation as to the direction price would take before entering. The proper TDI entry would have been at the open of the 1st red candle but because of the ...

Trading Made Simple

farhad, Perhaps you should go back and read Big E's, Emmanuel's posts, and some of my previous posts,. The answers to this and many other questions about how to trade this system have been answered over and over. Regarding my chart where you circled ...

Trading Made Simple