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Monitor for 'Trading Made Simple' system 565 replies

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Trading Made Simple

  • #80,661
  • Jul 8, 2017 8:24am Jul 8, 2017 8:24am
Quoting mizi123
{quote} slc and friends as you see Emanuel refers so many time on 200 vs 50 Ma croos starting from daily down to 1H take trades only in direction of these 2 MA cros
Could you shoot me a screenshot of what these two MA's look like on your chart. What are the setting for them? Simple or Exponential, period, etc. I take it you are supposed to trade in the direction of the 50 as it crosses the 200? I've read a zillion pages it seems, and haven't come across this. I've just set my charts with the TDI, stoch, and a 5 ema.

Thanks
  • #80,662
  • Jul 8, 2017 10:00am Jul 8, 2017 10:00am
Quoting slc12312
{quote} Could you shoot me a screenshot of what these two MA's look like on your chart. What are the setting for them? Simple or Exponential, period, etc. I take it you are supposed to trade in the direction of the 50 as it crosses the 200? I've read a zillion pages it seems, and haven't come across this. I've just set my charts with the TDI, stoch, and a 5 ema. Thanks
Yee here they are same for 50...
Attached Image (click to enlarge)
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  • #80,663
  • Jul 8, 2017 5:19pm Jul 8, 2017 5:19pm
Quoting emmanuel7788
{quote} The version TmsMonitor-v1.1 is the latest version by Arbinka. This follows the original use of the 5EMA, Typical Price,Shift+3 and TDI Red Green. https://www.forexfactory.com/showthr...68#post8753868
Hello Emmanuel,
What's your opinion on EURNZD? Thank you
  • #80,664
  • Jul 9, 2017 3:23am Jul 9, 2017 3:23am
Quoting ayour2a
{quote} Hello Emmanuel, What's your opinion on EURNZD? Thank you

have not done my weekend homework yet.

Wait for few more hours, trade planning starts at London 1500 hour today.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #80,665
  • Jul 9, 2017 5:25am Jul 9, 2017 5:25am
Quoting mortezakh
Update EURCAD Me/me money management Start me1 {image}
EURCAD
me/me money management
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADH4result.png Size: 67 KB
  • #80,666
  • Jul 9, 2017 5:32am Jul 9, 2017 5:32am
Quoting mortezakh
{image}Hi My first week1 daily and H4 I try to a trader My goal this week was 1.low dd 2.just daily and H4 3.all my trade with PASR 4.me/me money management ( but I close my trade after 50% of daily rang and my profit very low) 5.post some of my trade 6.keep going until get a profit Thanks 2377381{image}
Hi
My week2 result daily and H4
My goal this week was
1.low dd
2.just daily and H4
3.all my trade with PASR
4.me/me money management ( for h4 my tp 50%daily range and for d1 my target 50% weekly range )
5.post some of my trade
6.Practice, learning, hope
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  • #80,667
  • Jul 9, 2017 5:37am Jul 9, 2017 5:37am
Quoting mortezakh
{quote} Hi My week2 result daily and H4 My goal this week was 1.low dd 2.just daily and H4 3.all my trade with PASR 4.me/me money management ( for h4 my tp 50%daily range and for d1 my target 50% weekly range ) 5.post some of my trade 6.Practice, learning, hope {image}{image}
hi, do you use any ea for me trades? And what is it? Thanks. I am looking for a good me positions manager.
  • #80,668
  • Jul 9, 2017 5:48am Jul 9, 2017 5:48am
Quoting chnp
{quote} hi, do you use any ea for me trades? And what is it? Thanks. I am looking for a good me positions manager.
Hi,i don't use ea for manage but if you need you can find it in Emanuel post
  • #80,669
  • Jul 9, 2017 6:01am Jul 9, 2017 6:01am
Quoting emmanuel7788
{quote} EURCAD Week 27 ME/ME trades Jul 04. Took my trade entry when Tokyo open today. ME trade distance 0.5ADR 100 which is abut 33 pips, round down to 30pips distance with TP every 30pips. So far, taken 90pips profits. {image}

Examples of ME/ME trades this wek:

EURCAD trading D1 chart

Closed +335 pips in total.

Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD Week 27 trades H1 and d1.png Size: 123 KB


GBPCAD also D1 chart trading

Closed +205 pips

Attached Image (click to enlarge)
Click to Enlarge Name: GBPCAD Week 27 trades H1 and D1.png Size: 125 KB


Both with open positions after NFP last Friday. Will manage these next week.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #80,670
  • Jul 9, 2017 6:58am Jul 9, 2017 6:58am
Quoting ayour2a
{quote} Hello Emmanuel, What's your opinion on EURNZD? Thank you

Hi,

Just took a quick look at this pair.

Weekly:

Attached Image (click to enlarge)
Click to Enlarge Name: EURNZD Week 28 W1 BPP.png Size: 33 KB

Last week did not close with higher Close above the previous Week' high. I don't like to see this if I would to be buyer next week.

Daily:

Attached Image (click to enlarge)
Click to Enlarge Name: EURNZD Week 28 D1 setup Candle.png Size: 65 KB


Last Thursday was a HA setup candle but Friday was bearish and an Inside Bar.
Overall, look sideways narrow range and also looking at the market closing after NFP on Friday, it closed very strong bear. So Wait and see if the price gap down when NY opens in few hours time.

I don't see this is a good pair to trade and as I have open trades in EURCAD, I won't open any trades in this pair.
Look at USDCAD and GBPUSD instead.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #80,671
  • Jul 9, 2017 7:17am Jul 9, 2017 7:17am
@emmanuel7788 what MA are you using on your chart?!

And does anyone know where can find a good support/resistance indi?
  • #80,672
  • Jul 9, 2017 8:22am Jul 9, 2017 8:22am
Quoting emmanuel7788
{quote} Hi, Just took a quick look at this pair. Weekly: {image} Last week did not close with higher Close above the previous Week' high. I don't like to see this if I would to be buyer next week. Daily: {image} Last Thursday was a HA setup candle but Friday was bearish and an Inside Bar. Overall, look sideways narrow range and also looking at the market closing after NFP on Friday, it closed very strong bear. So Wait and see if the price gap down when NY opens in few hours time. I don't see this is a good pair to trade and as I have open trades...
Thank you for the insight.
  • #80,673
  • Jul 9, 2017 8:40am Jul 9, 2017 8:40am
Quoting andreiu
@emmanuel7788 what MA are you using on your chart?! And does anyone know where can find a good support/resistance indi?
Hi Andreiu,
For a support and resistance indicator:
https://www.mql5.com/en/articles/3186

Also here is one that i like:
https://www.forexfactory.com/showthr...21#post9276221
  • #80,674
  • Jul 9, 2017 8:59am Jul 9, 2017 8:59am
Quoting andreiu
@emmanuel7788 what MA are you using on your chart?! And does anyone know where can find a good support/resistance indi?
These one is the best DVM ranges, go in my thred and you will find it on 1st post is the best indi ever he show's you daily weekly and monthly range (suport and resistance).
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  • #80,675
  • Jul 9, 2017 12:22pm Jul 9, 2017 12:22pm
Quoting jansb000
{quote} Hi Andreiu, For a support and resistance indicator: https://www.mql5.com/en/articles/3186 Also here is one that i like: https://www.forexfactory.com/showthr...21#post9276221
And you might also consider MA200 as that is often also acting as support/resistance.
  • #80,676
  • Jul 9, 2017 12:45pm Jul 9, 2017 12:45pm
Quoting jansb000
{quote} And you might also consider MA200 as that is often also acting as support/resistance.
MA200 -- which of them?!?? ... simple, exponential ....
  • #80,677
  • Jul 9, 2017 1:35pm Jul 9, 2017 1:35pm
Quoting emmanuel7788
{quote} Hi, Just took a quick look at this pair. Weekly: {image} Last week did not close with higher Close above the previous Week' high. I don't like to see this if I would to be buyer next week. Daily: {image} Last Thursday was a HA setup candle but Friday was bearish and an Inside Bar. Overall, look sideways narrow range and also looking at the market closing after NFP on Friday, it closed very strong bear. So Wait and see if the price gap down when NY opens in few hours time. I don't see this is a good pair to trade and as I have open trades...
Hi emmanuel7788! Are this the settings that you use in your TDI RT - see attach
Attached Image
  • #80,678
  • Jul 9, 2017 4:46pm Jul 9, 2017 4:46pm
Quoting andreiu
{quote} Hi emmanuel7788! Are this the settings that you use in your TDI RT - see attach {image}

in that chart EURNZD posted, it is the original default TDI - 13,0,34,2,0,7

you can also use the new setting 10,5,34, 3,1,7

if you trade with more weight given to the real price action, simply pick one over the other and stick to it. The TDI is just to confirm the price action to see the price momentum.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #80,679
  • Jul 9, 2017 4:55pm Jul 9, 2017 4:55pm
Quoting andreiu
@emmanuel7788 what MA are you using on your chart?! And does anyone know where can find a good support/resistance indi?
To learn price action trading, learn to look at plain charts without any indicator. By looking at previous price action PPA, you will see the price swings in different timeframes. Learn to identify major price swings and use them as support and resistance. Use the price OHLC, these are natural support&resistance of the market.

To learn how Big E traded when he was a newbie back in 2008, he started with the Synergy trading model. He remove the PAC from his chart and use the 5EMA,Typical Price, Shift+3. The rest is history now because he also dropped the use of 5EMA in 2011.

Price Action Channel
Synergy PAC Post#21,284
Comparing Big E’ 5-Method use of the 5EMA, Typical Price< Shift+3 with the Synergy model PAC and Synergy_Pro model PAC: Post# 54,118

High Probability Trading using Moving Average: Post#42,728

The power of 10EMA Post#8,528 by FF member named tango-1
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #80,680
  • Jul 9, 2017 5:23pm Jul 9, 2017 5:23pm
USDJPY has room to move higher...

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY support and resistance.png Size: 51 KB


If you believe in Technical Analysis,

when the sellers overcome the buyers, they create the resistance or some call that supply.

when the buyer overcome the sellers, they create the support or some call that demand.

sell at resistance, buy at support

or some prefer:

demand move prices up, supply move prices down
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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