Just trying to put a kiss on the cheek of success
Trading Made Simple 146,123 replies
Trading Made Simple the right way, and other trading lessons 333 replies
Spoof's Trend, Level, Signal Trading Journal 109 replies
Trading Made Simple Charts Journal 2 replies
Disliked{quote} Yes sir. Text book Strong daily down trend. Price is below the EMAs. Pullback appears to over based on the SAR. Short in the direction of the trend. I will be entering this on Sunday.Ignored
DislikedNEW TEMPLATE Here is the new template and indicators as well as a chart with the rules. You can also simply add the EMAs to your existing templates and trade the current system but only take the signals when the EMAs are indicating favourable trending conditions. Do not take counter trend signals. I am choosing to no longer use the smTMMS oscillator or any other indicators because they aren't required. They don't give us any more valuable information than what the EMAs are showing. We want to see those EMAs separated and sloping with price away...Ignored
DislikedVery nice new direction spoof, I'm with you on this one. I noticed that we still can trade the H4, but only when the D1 shows an entry, then we can go down to the H4 to add-on trades as the price trends. I'm a little upset with RH's main thread. We were supposed to only follow post #1 and find success with it, but as it turns out, nothing was mentioned about any ways to stay out of ranging markets, or the fact that getting caught up in bad ranging periods can whispsaw all our previously accumulated profits to nothing. RH always goes on about "Emulate...Ignored
Disliked{quote} Sure...if you want to trade the 4 hour charts based off what the daily chart trend is doing then have at ‘er be careful with your stop placements though because you are within the daily price action range. I can’t speak to what’s going on in the original thread since I haven’t visited it in a long while. I took my exit when people started to throw in their ideas and it just started to confuse people especially new traders and it wasn’t offering me anything. Especially when I saw ideas that are flat out ill conceived IMO. That sort of...Ignored
Disliked{quote} Traders like you who are openly transparent are almost extinct! I hope to be transparent as well hence I post all my live trades and update them with the results. Your youtube videos are a godsend, its very logical and I watched all your videos. Looking at your template from H4, I'm beginning to see that it identifies trends quite well, and has entries like the TMSr oscillator, without the drawback of not being able to identify ranges. Also I noticed that as long as the retracing price doesn't close within any of the red EMAs, and the EMAs...Ignored
DislikedNEW TEMPLATE Here is the new template and indicators as well as a chart with the rules. You can also simply add the EMAs to your existing templates and trade the current system but only take the signals when the EMAs are indicating favourable trending conditions. Do not take counter trend signals. I am choosing to no longer use the smTMMS oscillator or any other indicators because they aren't required. They don't give us any more valuable information than what the EMAs are showing. We want to see those EMAs separated and sloping with price away...Ignored
Disliked{quote} This looks kinda like the Guppy MMA trend trading method I tried out years ago. I was working on a much lower time frame so only got average results, but I was bound and determined to be a day trader, so spreads and whipsaws would always get me. Daryl Guppy has a few books out on on his style of trend trading with multiple MA's, not sure if they would have any info that would be useful or not.Ignored
DislikedMAJOR UPDATE VIDEO Ok, folks...video finally uploaded. So, the purpose of this video is to discuss how to find trading conditions that give us a better chance of winning trades. Those conditions favourable are known as trends. We need to trade only in trending conditions and forget the idea of getting into trends early as that will just lead to more whipsaw losses than success IMO. What is important to note is this is not so much about a new system as much as it is about finding the best conditions to trade. The current entry methods and the smTMMS...Ignored
Disliked{quote} You are onto something here Spoof. Looks like an Excellent solution to stay clear of the “chop”. Best.Ignored
DislikedHi everybody - so with this new approach, I assume that we are now watching all pairs for setups ? best, markIgnored