Trading Made Simple | Page 4296 | 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

  • #85,901
  • Jan 23, 2018 5:37pm Jan 23, 2018 5:37pm
Quoting Divergence
well it seems that me sharing how market moves scared everyone away so for the sake all you indy traders I will sign off here and you can go back to tdi trading with no more posts by me good luck
I'm not scared, I was quite enjoying it thanks very much. If you don't come back though, I'm sure that there are loads of us that will follow you around. I for one have learned loads from you in the past, those last two videos contain all anyone needs to be successful. Keep on keeping it simple.

You can lead a horse to water and all that...

'in less than half an hour he made over 100 ticks'
  • #85,902
  • Jan 23, 2018 7:28pm Jan 23, 2018 7:28pm
Quoting Divergence
well it seems that me sharing how market moves scared everyone away so for the sake all you indy traders I will sign off here and you can go back to tdi trading with no more posts by me i will go back to the thread plan the trade in journal section good luck

Hey Divergence,

you are an experienced and advance trader with many years of trading experience going back to the beginning of this thread. 6 years is very longtime and anyone who have been trading on daily basis would have more the 6,000 hours trading experience.

it will take newbies time to be reach your level and then they will see the light.
I am sure not all will appreciate the knowledge and experience shared here, but when you can help just one person, it is good enough.

Thanks for all your sharing here.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #85,903
  • Jan 23, 2018 8:30pm Jan 23, 2018 8:30pm
Quoting emmanuel7788
{quote} USDJPY H4 trade clsoed before the US data release. {image} Look at how the market reacted at that BRN 111.00. The rookie trader say not to sell at the very bottom of the swing and when market is exhausted, which swing? LOL. All my H4 trades are close during the NY session and usually by the time London session closing. Unlike the rookie trader who hold on to trades that are floating in losses and huge drawdown hoping and praying for weeks and months that the market will come back to those Location to take small profits. USDJPY Week 03 to...

USDJPY moving down nicely, where will it pause next? any major support seen to the left?

if you believe it will move lower to 105.00 then sell those rallies.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Week 04 targets.png Size: 34 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #85,904
  • Jan 23, 2018 8:35pm Jan 23, 2018 8:35pm
For investors and traders,

here is some good reading articles to read online.

http://www.insideinvest.com.sg/

and the event happens this weekend with many good speakers to listen to their take on the 2018 markets.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #85,905
  • Jan 23, 2018 8:51pm Jan 23, 2018 8:51pm
Quoting Divergence
well it seems that me sharing how market moves scared everyone away so for the sake all you indy traders I will sign off here and you can go back to tdi trading with no more posts by me i will go back to the thread plan the trade in journal section good luck
Divergence, not sure why you think you scared anyone away. It's quite the opposite I would say. In fact, following your video, it caused me to do some research on price action, trends reversals, etc.

I am sure your comments and knowledge are always welcome. While I have been a trader of TMS for years, having fundamental knowledge of candles, basic 1,2,3 patterns etc. is an essential tool for trading the markets, and for those who are not quite ready for indicator-less trading, your lessons will help many, if only one like Emm stated. Hope to see you soon on this thread.
Without vision, the people will perish.
  • #85,906
  • Jan 23, 2018 9:37pm Jan 23, 2018 9:37pm
Quoting emmanuel7788
{quote} AUDJPY update NY closed for the weekend. if you are very short term trader, you can make some pips but not when you want to be a swing trader on H4. TMS H4 swing traders must wait for the TIMING because we do not want to have ur trading capital locked in floating loss/DD for weeks and months praying and hoping that AJ will drop to 85.00. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY H4 Jan 18 NY Close.png Size: 60 KB


AUDJPY Week 04 Jan 24 update,

the last move down ended rather quickly and it rallied again back to the top BRN 89.00 and now pause ai 88.00.

Now we wait again for the next move.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY Week 04 Jan 24 update.png Size: 61 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #85,907
  • Jan 23, 2018 9:43pm Jan 23, 2018 9:43pm
AUDJPY trades closed this week so far, Jan 24.
One trade was from last Friday closed at loss... -21pips.

Current one open trade with SL 50 pips and TP 50pips 'set and forget' or let trade manager EA do its job.
Just let market decide today.



Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY Week 04 trades closed Jan 24.png Size: 28 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #85,908
  • Jan 23, 2018 9:52pm Jan 23, 2018 9:52pm
USDCHF Week 04 H4 sell trade now protect at BE +10pips.
Trade was taken by trade manager when I was sleeping. Price Bar and HA candle close below the PAC Low.
Initial SL above previous 2bars high


Support seen to the left, last week's Low.

Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF Week 04 H4 sell support BE.png Size: 29 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #85,909
  • Jan 24, 2018 1:16am Jan 24, 2018 1:16am
Quoting emmanuel7788
{quote} USDJPY moving down nicely, where will it pause next? any major support seen to the left? if you believe it will move lower to 105.00 then sell those rallies. {image}
The level i would be most interested in, is the top of the pinbar at the start of the move, but anywhere within the circle is of interest (as is, a double bottom or even a 2B), if you want to narrow down risk further, you can look for a reaction out of this zone, (either a 123, trigger and retrace or a pinbar showing a nice bit of leg) first;

Beware of the 4th wave, (which is why i look for regular divergence to form);

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Week 04 targets.png Size: 46 KB
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
  • #85,910
  • Jan 24, 2018 1:21am Jan 24, 2018 1:21am
Quoting Divergence
well it seems that me sharing how market moves scared everyone away so for the sake all you indy traders I will sign off here and you can go back to tdi trading with no more posts by me i will go back to the thread plan the trade in journal section good luck
sincerely continue to share your experience! It's rare quality posts here.
I love your way of trading.

From your posts I'm trying to learn and see live formations 123, request areas and support etc.

It is much more informative to read to you, than to read people writing pages settling of accounts, with an ego problem.
I like the technique of BigE, but the entry always late ... RR therefore much less interesting.
Thank you very much for your videos ....
If you have articles to share on the method .... with great pleasure!
  • #85,911
  • Jan 24, 2018 1:26am Jan 24, 2018 1:26am
Quoting fleurdelys
{quote} sincerely continue to share your experience! It's rare quality posts here. I love your way of trading. From your posts I'm trying to learn and see live formations 123, request areas and support etc. It is much more informative to read to you, than to read people writing pages settling of accounts, with an ego problem. I like the technique of BigE, but the entry always late ... RR therefore much less interesting. Thank you very much for your videos .... If you have articles to share...
Salut,
Utilise TDI Pro Real time pour tes entrées ou celui de Synergie Pro.
  • #85,912
  • Jan 24, 2018 1:29am Jan 24, 2018 1:29am
I only have buy NU open. I closed buy EU in small loss (not patient enough)

Attached Image (click to enlarge)
Click to Enlarge Name: NU.jpg Size: 151 KB
  • #85,913
  • Jan 24, 2018 1:33am Jan 24, 2018 1:33am
Quoting kiki215fr
{quote} Salut, Utilise TDI Pro Real time pour tes entrées ou celui de Synergie Pro.
I use TDI Red Green.mq4 for all charts.
  • #85,914
  • Jan 24, 2018 2:00am Jan 24, 2018 2:00am
Quoting The Cableguy
{quote} The level i would be most interested in, is the top of the pinbar at the start of the move, but anywhere within the circle is of interest (as is, a double bottom or even a 2B), if you want to narrow down risk further, you can look for a reaction out of this zone, (either a 123, trigger and retrace or a pinbar showing a nice bit of leg) first; Beware of the 4th wave, (which is why i look for regular divergence to form); {image}

Let's just repost the image again for the purpose of a side by side comparison;

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Week 04 targets.png Size: 46 KB


Now to look at the Dax chart from yesterday to sum up what i meant (a picture is worth a thousand words!);

Attached Image (click to enlarge)
Click to Enlarge Name: D23-01-18.png Size: 127 KB


So... we have a reaction off of the prior pinbar at start of the move, after regular divergence had formed. If you do not take the trade there and then, you can then observe the pinbar printed and take the entry Long upon the next candle as it prints a new high...

Using Pinbars alone is riskier, which is why i always talk of building a picture, or completing a jigsaw puzzle... when all the parts fit together you now have a high probability trade with a great R:R ratio.
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
  • #85,915
  • Jan 24, 2018 2:07am Jan 24, 2018 2:07am
Quoting emmanuel7788
USDCHF Week 04 H4 sell trade now protect at BE +10pips. Trade was taken by trade manager when I was sleeping. Price Bar and HA candle close below the PAC Low. Initial SL above previous 2bars high Support seen to the left, last week's Low. {image}
Hi Emmanuel,

I wonder if you share that EA or is it bought or self programmed? If the latter, where can I buy this ?

Thanks,
bunne
  • #85,916
  • Jan 24, 2018 2:10am Jan 24, 2018 2:10am
Let's do it again, the day before on the Dax;

Attached Image (click to enlarge)
Click to Enlarge Name: D22-01-18e.png Size: 111 KB


This one is a simple buy off of the pinbar or wait for the 123 and buy the retest of point 2.
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
  • #85,917
  • Jan 24, 2018 2:18am Jan 24, 2018 2:18am
Quoting bunne
{quote} Hi Emmanuel, I wonder if you share that EA or is it bought or self programmed? If the latter, where can I buy this ? Thanks, bunne

Maybe try it on FXPOD.

That should be the company Emm is doing promotion for.

Look at the flipchart. SMART tools for sell.


http://deepsta.com/media/732937953638164918_422205073
Newbies be warned of emmanuel7788. Hes not true.
  • #85,918
  • Jan 24, 2018 2:36am Jan 24, 2018 2:36am
Again on the UJ;

Attached Image (click to enlarge)
Click to Enlarge Name: UJ24-01-18.png Size: 118 KB


Basically the same story... If a 123 breaks with impetus and thrusts away from point 2, look for the retest to be your entry. If the trigger is only slight, look for a deeper pullback to test the pinbar at start of move.
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
  • #85,919
  • Jan 24, 2018 2:45am Jan 24, 2018 2:45am
Quoting bunne
{quote} Hi Emmanuel, I wonder if you share that EA or is it bought or self programmed? If the latter, where can I buy this ? Thanks, bunne
its original source code for trade management is MPTM by SteveHopwood.
mentioned many times n this thread.
simple keyword search will work.
You need to code the entry rules and the exit management rules according to how you want to trade with TMS 5-Method.

or you can use THV CaveManager for trade manager but it won't open any trade. You need to open the trade and let CaveManager manage the stops.

There is not need for any commercial EAs required.

If you want to trade with MEME, there is also an open source trade manager which works and the best thing is it is also free.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #85,920
  • Jan 24, 2018 3:16am Jan 24, 2018 3:16am
AUDUSD Week 04 Jan 24

H4 trade example taken by the EA when the price close above the PAC high and move SL to BE+10pips.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Week 04 Jan 24 H4 trade BE.png Size: 25 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
155 traders viewing now, 1 is registered:
petkue