Trading Made Simple | Page 4177 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Monitor for 'Trading Made Simple' system 565 replies

Trading Made Simple the right way, and other trading lessons 334 replies

Indicators for the 'Trading Made Simple' system 343 replies

MTF Indicators for the 'Trading Made Simple' system 241 replies

Trading Made Simple system follower - Thanks to eelfranz 9 replies

Attachments: Trading Made Simple
Exit Attachments

Trading Made Simple

  • #83,521
  • Nov 19, 2017 2:01pm Nov 19, 2017 2:01pm
Quoting Jordi
{quote} {quote} Thank you guys for your kind words. I appreciate it..

Hi Jordi. had a proper watch to your trades and the EU is intresting, I had it on my watchlist these days but skipped.
May I ask what was your decision to trade EU short to 26.10. and long 2 weeks later?
Only initial decision.
What TF´s do you trade?
Attached Image (click to enlarge)
Click to Enlarge Name: Inked20 day cycle jordi screenshot TMS 17.11..jpg Size: 1.8 MB
Risiko birgt immer auch die Chance.
  • #83,522
  • Nov 19, 2017 2:47pm Nov 19, 2017 2:47pm
Attached Image (click to enlarge)
Click to Enlarge Name: Emm1.PNG Size: 51 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Emm2.png Size: 544 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Emm3.png Size: 467 KB
  • #83,523
  • Edited 5:18pm Nov 19, 2017 3:22pm | Edited 5:18pm
Quoting Sesamstrasse
{quote} Hi Jordi. had a proper watch to your trades and the EU is intresting, I had it on my watchlist these days but skipped. May I ask what was your decision to trade EU short to 26.10. and long 2 weeks later? Only initial decision. What TF´s do you trade? {image}
Yes, of course. I trade basically with daily charts, but I don't forget what is going on higher time frames (W1, and M1). Also, I keep an eye on 4h, especially when my positions are losing ( for example my actual position on GBPCHF)

Here were my reasons to buy: https://www.forexfactory.com/showthr...1#post10484021

Here were my reasons to sold (chart explained):
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD EXAMPLE.png Size: 147 KB
  • #83,524
  • Nov 19, 2017 4:56pm Nov 19, 2017 4:56pm
Quoting Giannis95
guys I'm testing me / me but the results show that when you lose a basket of trades the losses are so great that you lose all the profits. I wonder, how do you cut off the losses if, at the time of the opening of the last trade of the basket, the losses are already overwhelming?

Hi Giannis95. In my opinion, sometimes we must "accept" the losses, but sometimes we can get out before if we see unfavourable signals. Take a look to this post. https://www.forexfactory.com/showthr...5#post10482585 I explained the reasons to get out of a short trade on EURNZD ( that decision saved me of a full loss on that trade)

Now, I'm in a very similar situation with my short trade on GBPCHF (https://www.forexfactory.com/showthr...3#post10509633) . Let's see what happen.
  • #83,525
  • Nov 19, 2017 6:02pm Nov 19, 2017 6:02pm
@Emma, let me answer your questions. We understand, it is a loss on the way of evolution of TMS. Don't be ashamed, nobody can avoid it. There are mistakes of entry, 0.5 ATR space, position sizing, no more than 5 total basket etc. For the exit strategy, also we can say protection, risk management. Include: 1 no SL for each order, or too wide. 2 no SL for whole account. that should be 10% maximum, or the amount you can stand.

We solute you, loss and experience , give us a good system of MEME. I still think, may there are wrongs here and there. But, it is improving step by step.
  • #83,526
  • Edited 4:08am Nov 20, 2017 3:34am | Edited 4:08am
Quoting RickM
{quote}...why not open two additional Demo accounts and run them for a few months. I will admit that Emmanual gave me the biggest clue around 12 months ago on a random big picture post on how to know where the big money is being placed. I asked myself did I just have a "light bulb moment" and have I just worked it out ( about bloody time ). Maybe it was placed there deliberately. Emmanual has given us all the clues.
Hey Rick..
Excellent posting!

Not long ago and I ran 6 Demo Mt4´s with "almost same settings on the managing tool"
to find out wich one are best settings in forwardtesting under live conditions..
And I was only ONE person of our small group.



Do you remember the post you´re talking about??

stay tuned
Guido
Risiko birgt immer auch die Chance.
  • #83,527
  • Nov 20, 2017 10:26am Nov 20, 2017 10:26am
Quoting Jordi
Here my results, from top to bottom: 1- This week closed trades. 2- Open trades for next week 3- Results for my first 20 day cycle ( up +5%) This weekend I will post my trading plan for next week. {image} {image}
Hi Jordi, What tool do you use to manage MEME entries?
Cheers...
  • #83,528
  • Nov 20, 2017 11:18am Nov 20, 2017 11:18am
Quoting pips29
{quote} ha,ha you Damn right
Quoting Sesamstrasse
{quote} For sure.. Don t be too hard with her..... naja.. won t read her stuff.. keep her blocked-- But here´s a good explanation my buddy RF made a couple of weeks ago.. https://www.forexfactory.com/showthr...9#post10246729 Happy weekend Guido
The blind leading the blind with Price Action
Attached Image (click to enlarge)
Click to Enlarge Name: Blind.PNG Size: 103 KB
  • #83,529
  • Nov 20, 2017 12:06pm Nov 20, 2017 12:06pm
Quoting jansb000
{quote} Hi Jordi, What tool do you use to manage MEME entries? Cheers...
Any. I'm trading manually.
  • #83,530
  • Nov 20, 2017 12:17pm Nov 20, 2017 12:17pm
Another entry with TMS
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_27.png Size: 47 KB

And another with Gold
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_28.png Size: 47 KB
  • #83,531
  • Nov 20, 2017 2:14pm Nov 20, 2017 2:14pm
Right now, all my positions are losers. Let's see how the week ends.
Today I have an eye on AUDNZD, there isn't a clear buy signal because there isn't a close above the PAC, but anyway, I'm going to open long positions if this pair closes above of the 5 MM.
Friday did open and close, above the 5 MM (shift 3), and today too ( except, a last hour surprise). Also TDI D1 is bullish
Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD 20.11.17.png Size: 184 KB
  • #83,532
  • Nov 20, 2017 2:14pm Nov 20, 2017 2:14pm
Quoting celc91
Another entry with TMS {image} And another with Gold {image}
GBPUSD
- Sell order is on top of a support. Look left
- Angle of green is not below 04H00
+ At the right place for a sell order - just just above level 50
+ Long wick's above bar's - sellers are pushing price down

Gold
Don't chase big bars
You can see how it is starting to pull back from the support at 1276,67
  • #83,533
  • Edited 2:51pm Nov 20, 2017 2:40pm | Edited 2:51pm
Quoting Jordi
Right now, all my positions are losers. Let's see how the week ends. Today I have an eye on AUDNZD, there isn't a clear buy signal because there isn't a close above the PAC, but anyway, I'm going to open long positions if this pair closes above of the 5 MM. Friday did open and close, above the 5 MM (shift 3), and today too ( except, a last hour surprise). Also TDI D1 is bullish {image}
Jordi
Which of those lines are the 5EMA?
Read post#718
Why do you use orther time frames? Get all the information from the chart in use.
- Zoom out to see the Trend and S/R
- Zoom in to see the wick's
Read post#686
You still want to go long? Anyway can't tell you how to trade.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDZND.PNG Size: 33 KB
  • #83,534
  • Nov 20, 2017 2:54pm Nov 20, 2017 2:54pm
Quoting Tekkies
{quote} Jordi Which of those lines are the 5EMA? Read post#718 Why do you use orther time frames? Get all the information from the chart in use. - Zoom out to see the Trend and S/R - Zoom in to see the wick's Read post#686 You still want to go long? Anyway can't tell you how to trade. {image}
The magneta is the 5 EMA. I know, is not A+++ setup, but look the 4h chart, let's see where it closes tomorrow.
Attached Image (click to enlarge)
Click to Enlarge Name: Darwinex MT4.png Size: 149 KB
  • #83,535
  • Nov 20, 2017 3:03pm Nov 20, 2017 3:03pm
Quoting Jordi
{quote} The magneta is the 5 EMA. I know, is not A+++ setup, but look the 4h chart, let's see where it closes tomorrow. {image}
I don't trade this pair.
Why H4 chart?
It is already in consolidation. By the looks of it the uptrend has lost momentum.
H1
Attached Image (click to enlarge)
Click to Enlarge Name: 5EMA.PNG Size: 24 KB

H4
Attached Image (click to enlarge)
Click to Enlarge Name: 5EMAaaa.PNG Size: 29 KB
  • #83,536
  • Nov 20, 2017 9:53pm Nov 20, 2017 9:53pm
Hi. Newbie here. What Candle number(vertical line) is this? Thanks.
Attached Image (click to enlarge)
Click to Enlarge Name: what candle #.gif Size: 23 KB
  • #83,537
  • Nov 20, 2017 10:37pm Nov 20, 2017 10:37pm
Quoting ekoooy
Hi. Newbie here. What Candle number(vertical line) is this? Thanks. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 12 KB
  • #83,538
  • Nov 20, 2017 11:48pm Nov 20, 2017 11:48pm
Quoting Tekkies
{quote} {image}
Thanks buddy
  • #83,539
  • Nov 21, 2017 12:56am Nov 21, 2017 12:56am
Quoting ekoooy
Hi. Newbie here. What Candle number(vertical line) is this? Thanks. {image}
3 ^^
Risiko birgt immer auch die Chance.
  • #83,540
  • Nov 21, 2017 3:04am Nov 21, 2017 3:04am
Quoting ekoooy
Hi. Newbie here. What Candle number(vertical line) is this? Thanks. {image}
You took that UJ H4 chart from Post#351 and the answer is right there.
https://www.forexfactory.com/showthr...91#post4577091

Attached Image (click to enlarge)
Click to Enlarge Name: Post 351 candle no3.png Size: 275 KB


And the next question is, can you enter a trade on candle#3?

Answer : YES. why?

Quoting Sesamstrasse
{quote} 3 ^^
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
48 traders viewing now