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@  roopem : (08 July 2020 - 02:16 AM) Does anyone know why the renko builder from MTH2014 doesn't work?
@  kalc : (02 July 2020 - 09:04 AM) trading has made me fat anyway TP ha ha
@  traderpusa : (02 July 2020 - 06:52 AM) @kalc, getting more fat every day under quarantine lol
@  kalc : (02 July 2020 - 04:01 AM) and by the way if that guy trys to sell you stuff dont buy it, he's just ripped off some indi's over at forex-station lol its all freely available
@  kalc : (02 July 2020 - 04:00 AM) lol hey TP hows it going young man
@  traderpusa : (01 July 2020 - 01:53 PM) So is the market lol
@  David : (30 June 2020 - 08:00 AM) yall are savage :D
@  David : (30 June 2020 - 08:00 AM) haha
@  Sambo : (29 June 2020 - 05:04 PM) If there's one thing i've learned, it's that the most profitable traders are the least boastful.
@  happyjas : (27 June 2020 - 09:50 PM) We understand what took place, you won a lot of money and bought a new "BMW M4 cake", you got down on your knees, put your little hands together and sounded like this: "My name is my name, if you ask me again I'll tell you the same, I won a lot of money, and already shove it on my candy back-end, but there's one problem, everyone knows already that I ABSOLUTELY SUCK."
@  happyjas : (26 June 2020 - 05:43 PM) the R8 Audi thing -_-
@  happyjas : (26 June 2020 - 05:42 PM) :unsure: 'Can't afford the BM thing, 'just got the 2018 Audi 2016 :(
@  happyjas : (26 June 2020 - 05:41 PM) :unsure: 'Ca
@  Dyabolus : (26 June 2020 - 03:45 AM) so were u verified by David at last? how about that 'pic'
@  David : (25 June 2020 - 04:48 PM) sure post a pic
@  euro_rapp : (25 June 2020 - 04:17 PM) sorry im bragging again, i sincerly apologize. Just wanted to share with you :(
@  euro_rapp : (25 June 2020 - 04:13 PM) By the way do you wanna see my new BMW M4?
@  euro_rapp : (25 June 2020 - 04:13 PM) where do you read that closure stuff?
@  happyjas : (25 June 2020 - 07:45 AM) thanks anyways MAster David, a million times :)
@  happyjas : (25 June 2020 - 07:41 AM) *closure

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TRADESMART'S SIMPLE STRATEGY


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265 replies to this topic

#261 hobbyt3

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Posted 23 December 2015 - 06:57 PM

Hallo Thomas Taylor please what is your TP and SL in this strategy at forex? Thanks



#262 ThomasTaylor

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Posted 25 December 2015 - 10:59 PM

Hallo Thomas Taylor please what is your TP and SL in this strategy at forex? Thanks

Although I wouldn't advise it for anyone, I do not place a SL nor a TP. Sometimes, freak occurrences happen with the market and it will all of a sudden fluctuate over the SL then back up to it's original place. I have lost too many trades dealing with the market that way. Instead, I monitor the market myself and determine if I need to get out.

 

Once again, I wouldn't advise anyone to do what I'm doing. I would most certainly advise to set a SL.

 

Also, for my TP, I generally shoot for 6 - 10 pips per trade. With this strategy, I was able to "surf" the trend pretty easily. I even grew some confidence with it and counter traded because the EUR/USD was being predictable that night. But, the overall strategy with trading the trend usually ends well. The few nights I have used this strategy, I have seen nothing but profit. But, I make sure the two moving averages are going in one stable direction before I make an entry point. If they seem to be getting close to each other, and occasionally flipping, I usually won't trade that currency pair. Too much fluctuation.

 

All in all, trade the trend of the currency pair and make sure the trend is dominating. Hit em' at those over sold/bought points.

 

Also, take everything I said with a grain of salt. I'm still new at this myself! Good luck!


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#263 olamiday

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Posted 13 April 2016 - 08:28 PM

Thank you for this amazing strat, first trade in demo

 

The Forex MTN alert is lovely, saves sitting at the screen. I don't even use the MA cross alert.

 

 

 

 

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#264 olamiday

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Posted 24 April 2016 - 03:20 AM

Any way to filter bad trades tradesmart?



#265 BrianC

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Posted 28 April 2016 - 01:41 AM

Any difference between ForexMTN and Vchart? Look the same to me.



#266 Agboalex

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Posted 08 October 2019 - 10:53 PM

Hi Tradesmart,newbie here!!!,great strategy,but please may I know how many signals you get per day?thanks






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Good Morning Trade I took With: TRADESMART'S SIMPLE STRATEGY

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