Thread: quest for the simplist trading

TEB,

Research using a price closing above/below the 8 instead of the 5 above/below the 8.

Additionally, consider the 8 SMA in place of this EMA.

Good fortune,

kt

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I traded only this system now

one switch to the afternoon posting

I'm using 5 6 ema not 5 8ema

I'm up over 120 pips on 5 trades for the day- and no loses!!!

I was expecting to get more ideas
but it might be just to easy for most people to use

it will need a lot of just sit time

I discovered!!

LIKE THE ABOVE BUT DIFF
ONE TOOL- DIFF TOOL
Two DIFF EMA

Hi TEB;

Thnx for the ideas! I enjoy the idea of a very simple system, and will try out this one - however, the last post has perplexed me -

Originally Posted by ;

I found!!

LIKE THE ABOVE BUT DIFF
ONE TOOL- DIFF TOOL
2 EMA

- did you replace the 5 ema with a 2, or are you refering to the 2 emas (5/6) you are now using, or. . ? Can you clarify more? Thanks!

Start looking for trading stations (price shing horizontally) with well-defined support and resistance lines. Any pair, any time period. Well-defined meaning an upper and lower border that have each been analyzed twice. When price approaches encourage, buy. When price approaches resistance, sell. Your goal is another border line. The goal (channel elevation ) must be a minimum of three times your stop. Your stop should be determined using money management relative to your account and taking the spread into the equation. That is the very basics of the egy.
It is simple but not as simple as it sounds. A pal of mine makes his living working with this technique only. His win rate is over 70%. The key is little profits / multiple lots. If you want more information visit Forex-TSD and hunt No Fail Forex.

Hi Teb...

Did u still using this method??
Is it profitable??

Or u are now using your easy egy or the multi time period??
What egy did use actually??

thanx

Originally Posted by ;

Hi Teb...

Did u still using this method??
Is it profitable??

Or u are now using your simple egy or the multipurpose frame??
What egy did u use really??

Thanx

I have actually the same questions as andimozza for Teb63....can you answer as fast as you can please?!

Originally Posted by ;

I have actually the same queries as andimozza for Teb63....can you reply as quick as you can please?!

It works great -I think the stochs are better to be fair
I truly have not used it for awail


I used it because I really got to divergance- the huge D
read some e-books on it it looked great
and of course MACD MACD H would be the best to see the big D
but in case you have the day charts covering your main 4 hour trading charts
you will never get the D!
So I went back into my stochs

the MACD is a lot slower in - such as paint drying! But very high win rate.

I also played a 4 hour macd 30 mins stoch it worked well
the safty of the macd the spead of the stochs
I believe that you would want only 2 TF inside this system

however I truly like only 1 tool- only me-a personal thin'
I feel like most of MTF the tools are second to the MTF!!

I hope it works well for you

TEB

I want the simplist trading system
I began a few years a go with 30 tools in my chart. - one chart
but Ihave discovered the less tools the more charts
the better I find I do

I have been playing around with an idea that week
it's so simply there must be a problem but I really don't see it
-I'd enjoy fed back

set -up
charts
a. day,
b. 4 or 3 hour
c. 30min

tools

EMAs 5 and 8 shut
macd 12 26 9

rules
1. Day chart
a. seem to exchange when macd 5/8 have crossed the exact same way
b. seem to shut or not exchange when 5/8 crosses the opp. Way

2.3-4 hour chart
same principles

3. 30min chart
same principles

that easy
40 pip sl if I cannot be there
becareful around news times

afternoon chart

Blue line is then the 5/8 cross the macd is shing upward
so we can look to exchange up only.

Move the 3-4 hour chart



the Blue arrows are 5/8 macd are shing the way
so They're exactly the Exact Same way as the afternoon chart

The Xs are the 5/8s crossed down
so we remain out of this market
if we had a commerce on we would shut them

move 30min chart



hands up signifies the 5/8 the macd are in agreement with this particular chart
so they are on all three charts
hands down signifies 5/8 crossed from us we shut the trade

that is very easy any thoughts