Trading Made Simple | Page 4249 | 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

  • #84,961
  • Jan 2, 2018 1:11am Jan 2, 2018 1:11am
Quoting atisbg
{quote} wow..my trader has not yet resumed trading.
Has something to do with server time zones maybe? But it should now. Not worry becasue my first trade UJ seems like to get stop out if not a bounce happen..)
" Accepting losses is the most important single investment devise "
  • #84,962
  • Jan 2, 2018 1:25am Jan 2, 2018 1:25am
Quoting freedom48
{quote} Has something to do with server time zones maybe? But it should now. Not worry becasue my first trade UJ seems like to get stop out if not a bounce happen..)

some brokers only open today when Frankfurt market open.

For those brokers who resume trading when Sydney open today... AUDUSD H4 looks good.

Took some pips earlier.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Week 01 Jan 02 trades.png Size: 26 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #84,963
  • Jan 2, 2018 2:14am Jan 2, 2018 2:14am
Hello new year everyone! a lot of pips but especially health! for 2018 ^^
Tekkies
unfortunately I lost my demo account. The account has expired (It was at Lmax).
I open a new demo account at FXCM, there is no expiration!
I'm sorry to use a translator: /
  • #84,964
  • Jan 2, 2018 2:56am Jan 2, 2018 2:56am
Quoting emmanuel7788
{quote} trading the Day chart is the most profitable compared to H4 and H1. But to some traders, trading the D chart is like waiting for the paint to dry.

Yes, You are right Emmanuel, this was where I was then, but now I have seen the light.

Thank you for your guidance here.

Happy Trading,
Yomi.
Time always comes before price
  • #84,965
  • Jan 2, 2018 3:07am Jan 2, 2018 3:07am
Quoting fxrabbi
{quote} Yes, You are right Emmanuel, this was where I was then, but now I have seen the light. Thank you for your guidance here. Happy Trading, Yomi.
Trading is not a game. It is about making real money. You have to find out what works for you and must make sure you have the discipline to ensure that your trading will be consistent in making money over a longer term.

Someone plays with trading showing nonsense charts with lots of trade lines on them. LOL.

Trade Well buddy.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #84,966
  • Jan 2, 2018 4:39am Jan 2, 2018 4:39am
I would love to see some advice on when not to trade. I am not seeing one decent setup H4 right now, most pairs in overbought/oversold area. Is it me not seeing the trades or is it better to wait the market and not overtrade now?

Is it right to say that we dont trade TDI crosses in the <32 (for buy) / >68 (for sell) area as beginners (exception is when the green line is spiking hard enough that it crosses the 32 or 68 line (as it spikes up/down), can anyone confirm?

And the opposite: no buy if crosses above 68 and no sell when TDI crosses below 32 ?

Thanks,
bunne
  • #84,967
  • Jan 2, 2018 5:17am Jan 2, 2018 5:17am
Quoting bunne
I would love to see some advice on when not to trade. I am not seeing one decent setup H4 right now, most pairs in overbought/oversold area. Is it me not seeing the trades or is it better to wait the market and not overtrade now? Is it right to say that we dont trade TDI crosses in the <32 (for buy) / >68 (for sell) area as beginners (exception is when the green line is spiking hard enough that it crosses the 32 or 68 line (as it spikes up/down), can anyone confirm? And the opposite: no buy if crosses above 68 and no sell when TDI crosses below...

Hi Bunne,

Your observation is correct. Several pairs shows H4 TDI in overbought OB and oversold OS conditions.

The TDI is an oscillator which works great in ranging market condition but not in trending market.

When you see H4 TDI in OB and OS levels, you can take a look at the higher timeframes - D1 and W1 to see if the short term and longer term trends are Up or Down.
Trading H4 when the TDI is in OB and OS levels can be riskier and you have to set your own rules and follow them. But when you have mastered the trading method, you will now when to break your own rules.

Read this old post:

https://www.forexfactory.com/showthr...70#post9567770

Study the book and use the knowledge to develop and write your own rules.

Edit: added H4 chart showing CONSOLIDATION

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Week 01 Jan 02 MC3 breakout.png Size: 33 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #84,968
  • Jan 2, 2018 5:21am Jan 2, 2018 5:21am
-- happy new year to everyone....
just had a first view over the thread and charts..

I´ll take my time and come end of week with a top pick of big picture analyses.

stay tuned
Guido
Risiko birgt immer auch die Chance.
  • #84,969
  • Jan 2, 2018 5:25am Jan 2, 2018 5:25am
Quoting Sesamstrasse
-- happy new year to everyone.... just had a first view over the thread and charts.. I´ll take my time and come end of week with a top pick of big picture analyses. stay tuned Guido

Hallo Guido,

Happy New Year too and all the best to you trading in this new year.

Let's make pips and money.

Cheers!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #84,970
  • Jan 2, 2018 5:56am Jan 2, 2018 5:56am
This is one massive thread! For the past few days I've been diligently reading all the posts here, keeping notes and just trying to make sense of everything. I got all the way up to page 700 and I looked at the date and it was still in 2011 LOL! I said well, that means only about 3500 more to go! There is so much valuable information contained in here if one could just read it all. I started scanning after page 700 and I see some changes in templates and just the overall way it was originally taught.

I wish I would have been around when this first started as it seems that it was fun and exciting! I was reading the Chris Harris stochastic thread too and I see that this was spun off of that one. And speaking of that thread, it is another huge biggie thread too. Took notes from that one as well LOL!

Well, actually I'm not sure where to even start because there is still a gap of knowledge I need to grasp between pages 700 and 4200, so I guess it's best to just start with the original strategy as posted by the late Big E. Anyhoot, just wanted to say hello to whomever is remaining in this thread.

Happy New Year!
Don't mind me....just honing in on my craft :-)
  • #84,971
  • Edited 8:00am Jan 2, 2018 6:17am | Edited 8:00am
Quoting bunne
I would love to see some advice on when not to trade. I am not seeing one decent setup H4 right now, most pairs in overbought/oversold area. Is it me not seeing the trades or is it better to wait the market and not overtrade now? Is it right to say that we dont trade TDI crosses in the <32 (for buy) / >68 (for sell) area as beginners (exception is when the green line is spiking hard enough that it crosses the 32 or 68 line (as it spikes up/down), can anyone confirm? And the opposite: no buy if crosses above 68 and no sell when TDI crosses below...
bunne
You prefer H4, stay on H4. Get your information from the chart you are on.
Do you have any TDI set up's = Yes or No.
No - don't trade. As soon as you starting to use PA to find a trade you are going to make a mistake. Other member's say PA and confirm with TDI. So why do you want to do PA in the first place if TDI is going to say NO?

most pairs in overbought/oversold area
- Yes you can trade in those area's
dont trade TDI crosses in the <32 (for buy) / >68 (for sell) area as beginners
- When you see a TDI set up apply the rules.
- In those area's stoch direction will help, stoch does not show a clear direction up or down don't trade. Stoch is anyway pretty much of no use in OS/OB
- angle must be at least above 1 or below 5

On H4 EURJPY is forming a set up now. Use Post 84,781 or Post 84,888 or Post 84,947 to help you find a setup

Edit:
- freedom entry's with the angle
- Shum entry's with the angle
  • #84,972
  • Jan 2, 2018 6:22am Jan 2, 2018 6:22am
After my bad trade in UJ, I have better ones in continue. Charts are on H4 , but also were controlled on lower TF's and with some my other stuff . After LO there were existing some false entry actions to avoid before entry better. Well it needs some practice and patience as always.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 171 KB
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 180 KB
This GJ was taken too with some lower TF actions and resistance level as well en eye on Yen
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 181 KB
And this, well a H1 reaction right after LO the H4 is still building, lets see further
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot4.png Size: 181 KB
" Accepting losses is the most important single investment devise "
  • #84,973
  • Jan 2, 2018 7:06am Jan 2, 2018 7:06am
The funny part will start soon, I will post and the trade will go to the opposite side. Thats why I protect my position with a very thight SL RR almost 4:1 on picture, but may I close manual on my decision, if you fellowers have any comment on this trade please share, it will be useful for anyone here
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 191 KB
" Accepting losses is the most important single investment devise "
  • #84,974
  • Jan 2, 2018 7:52am Jan 2, 2018 7:52am
W1 TDI cross down
D1 TDI down
H4 TDI cross down
PA - break of low
take decision to short.
no any buy here, is that so hard to take a trade in right direction? no, trade made simple.
(elow dot MA is 30 ema 4H, typical(shift 12)= 5 ema typical(shift2) D1
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-h4-alpari-international-limited.png Size: 40 KB
  • #84,975
  • Jan 2, 2018 8:17am Jan 2, 2018 8:17am
maybe a good, correct set-up that's coming on Eur Jpy ?
(but against trend)
(remains 1h50 for the closing of the candle 4h)
Attached Image (click to enlarge)
Click to Enlarge Name: EurJpy.jpg Size: 155 KB
  • #84,976
  • Jan 2, 2018 8:39am Jan 2, 2018 8:39am
Quoting shum
W1 TDI cross down D1 TDI down H4 TDI cross down PA - break of low take decision to short. no any buy here, is that so hard to take a trade in right direction? no, trade made simple. (elow dot MA is 30 ema 4H, typical(shift 12)= 5 ema typical(shift2) D1 {image}
Exactly, perhaps some people should put their "training wheels" back on
Success means going from failure to failure without loss of enthusiasm
  • #84,977
  • Jan 2, 2018 9:40am Jan 2, 2018 9:40am
Quoting fleurdelys
maybe a good, correct set-up that's coming on Eur Jpy ? (but against trend) (remains 1h50 for the closing of the candle 4h) {image}
fleurdelys.
Post #115
A Normal entry is when green crosses red on the TDI (and you can actually see the green on the other side).

Look at this Post 84,973 Chart no 4 EURJPY HI
See how clean chart is.
Only 3 indicator's
- 5EMA typical(shift2)
- Heiken Ashi
- TDI
Attached Image (click to enlarge)
Click to Enlarge Name: cvbnmj.PNG Size: 106 KB
  • #84,978
  • Jan 2, 2018 9:59am Jan 2, 2018 9:59am
Hi everyone,
My first post here:
1. When you create an account and try to post, you get "junior members are not allowed...bla bla". And you are redirected to the forum rules. But no one tells you HOW to get past junior member and "grow" to senior member, so you can post. This might be feedback
2. I am looking for a European options trading platform. Options on commodities only. No monkey-business like digital options or binary ones. Just old school trading options, commodities, with 3, 6, 9 or 12 month clearing. Any suggestions are highly appreciated. Please do not send me to Google, it's a paaaaiiin.
3. If i posted in the wrong forum, I DO apologise! I hope if the admin moves the posting to a new place i will get an email with the link! Thank you.
  • #84,979
  • Jan 2, 2018 10:07am Jan 2, 2018 10:07am
I know it sounds crazy...Is there anyone else who shorted the UC ....I will kepp that not so long period and will close soon, but I am interested to see other trend continuation traders...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 98 KB
" Accepting losses is the most important single investment devise "
  • #84,980
  • Jan 2, 2018 10:10am Jan 2, 2018 10:10am
Quoting fleurdelys
maybe a good, correct set-up that's coming on Eur Jpy ? (but against trend) (remains 1h50 for the closing of the candle 4h) {image}
its a good one just seems to build itself a bit...I have this too with a tight SL , if its ride down it has a big room...well lets see how it goes
" Accepting losses is the most important single investment devise "
61 traders viewing now