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Monitor for 'Trading Made Simple' system 565 replies

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Trading Made Simple

  • #88,761
  • Jul 25, 2018 2:48am Jul 25, 2018 2:48am
Quoting emmanuel7788
Learn to look for the best trade set ups like Big E. You need to have the patience like Job and Moses, so he said. {image} What is the best trade set up?

I must have missed this...i am particulalry drawn to the 12-15 pip view of the great man Big E
  • #88,762
  • Jul 25, 2018 2:50am Jul 25, 2018 2:50am
Quoting DJsignals
How about this pinbar? Anybody take it? {image}
I think Nial Fuller likes your idea....... Good luck!
Attached Image


Personally, I don't like it as I think USD is weakening and JPY is gaining....
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #88,763
  • Jul 25, 2018 2:53am Jul 25, 2018 2:53am
I love the MTF D1 candle on my H1 chart.
It helps me see the D1 price action and today I see yesterdays' Day Inside Bar candle.
This means there is potential for a Inside bar breakout trade.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY H1 with D1 MTF candle.png Size: 58 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,764
  • Jul 25, 2018 2:54am Jul 25, 2018 2:54am
Quoting heispark
{quote} I think Nial Fuller likes your idea....... Good luck! {image}
Plan A trade

I LIKE that too... very much.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,765
  • Jul 25, 2018 3:08am Jul 25, 2018 3:08am
Quoting moeydw
{quote} Mr Emmanuel could we pls have this template set?

So you like those pipware multi-charts,

lookup these posts below.

Post#76,270 for the pipware tool

and

Post#193 for the TMS Monitor tool

setup your charts with those simple tools the way you want to see them and use them. save them as your own templates.

most important is you know the 5-Method and how to trade the 5-Method.

make sure you read those threads for more information how to set up the indicator (pipware) and the expert advisor(TMS Monitor).
if you have questions, post and ask in those threads and I'll try find time and help there.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,766
  • Jul 25, 2018 3:13am Jul 25, 2018 3:13am
Quoting emmanuel7788
Bullish and Bearish ENGULFING Bars will in most cases give you a setup when these are key support and resistance levels. These patterns also will show with good price momentum which we see with the RSI or the TDI Green line. BUEB and BEEB can be reversal to start a new trend or continuation in an established trend. More for you to study at this website link. It's free education not need to pay high fees for generic basic forex stuff. https://www.forexschoolonline.com/tr...oduction-html/...
Here live example of BUEB/BUOB

The H1 OB has higher high / higher close,

but the TDI has not cross but the slope/angle is 12-2, right?

But this is low probability as the H1 market is sideways narrow ranged.
USDJPY H1 London Open +1 hour.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY H1 BUEB BUOB LO1.png Size: 52 KB



Edit. actually the Green has crossed the Red. You can see that in the indicator window data.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,767
  • Jul 25, 2018 3:57am Jul 25, 2018 3:57am
Quoting heispark
{quote} I think Nial Fuller likes your idea....... Good luck! {image} Personally, I don't like it as I think USD is weakening and JPY is gaining....
For me, im not sure about that trade,
because its make strong move retrace to support,
its give view that there are higher interest to selling.
And the pinbar is smaller than previous candle.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYDaily.png Size: 55 KB
  • #88,768
  • Jul 25, 2018 4:08am Jul 25, 2018 4:08am
When you are not sure if the Green crossed the Red,

look in the indicator window.

data say Green has crossed Red,

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY H1 BUEB BUOB LO1.png Size: 64 KB


after chart refreshed,
no more Green cross Red...


Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Jul 24 LO_1 20mins.png Size: 60 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,769
  • Jul 25, 2018 4:10am Jul 25, 2018 4:10am
And now with H1 closed, and a new H1 open,

the Green bounce off the Red, but the momentum is not strong.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Jul 25 H1 TDI bounce not nice.png Size: 49 KB


now the best thing to do is wait till this H1 closes and a new H1 opens,

what to look for next?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,770
  • Edited Jul 26, 2018 3:59am Jul 25, 2018 4:34am | Edited Jul 26, 2018 3:59am
Im feeling very weird today..
  • #88,771
  • Jul 25, 2018 4:38am Jul 25, 2018 4:38am
Quoting emmanuel7788
And now with H1 closed, and a new H1 open, the Green bounce off the Red, but the momentum is not strong. {image} now the best thing to do is wait till this H1 closes and a new H1 opens, what to look for next?
Emm you dont sleep?

What time in you place?
  • #88,772
  • Jul 25, 2018 4:52am Jul 25, 2018 4:52am
Great stuff about why 90% of the retail trades fail and daytrading trading will never make you any money.

Inserted Video
  • #88,773
  • Edited Jul 26, 2018 3:59am Jul 25, 2018 5:48am | Edited Jul 26, 2018 3:59am
Im selling NZDUSD.
  • #88,774
  • Jul 25, 2018 6:37am Jul 25, 2018 6:37am
Quoting emmanuel7788
When you are not sure if the Green crossed the Red {image} {image}
Don't take it as a cross trade.
Success means going from failure to failure without loss of enthusiasm
  • #88,775
  • Edited 8:25am Jul 25, 2018 7:43am | Edited 8:25am
Quoting lddd
Great stuff about why 90% of the retail trades fail and daytrading trading will never make you any money. https://www.youtube.com/watch?v=L7G0OfJUON8

I'm sure this will be very quickly washed to the back of this thread, as it will kill the pay per click/affiliate commissions if it stays at the fore.

Well done for posting

Edit: note carefully what is said beginning at 44.18...
'in less than half an hour he made over 100 ticks'
  • #88,776
  • Edited Jul 26, 2018 3:58am Jul 25, 2018 10:24am | Edited Jul 26, 2018 3:58am
Silver
  • #88,777
  • Jul 25, 2018 10:37am Jul 25, 2018 10:37am
Quoting onejester
{quote} I'm sure this will be very quickly washed to the back of this thread, as it will kill the pay per click/affiliate commissions if it stays at the fore. Well done for posting Edit: note carefully what is said beginning at 44.18...
Haha. Yes
  • #88,778
  • Jul 25, 2018 12:57pm Jul 25, 2018 12:57pm
Quoting emmanuel7788
{quote} Among your list of names, you missed one which I consider important part of your journey. https://www.forexfactory.com/loveevery1 To me that is important because Big E's TMS 5-Method works only in a specific market conditions. In some other market conditions it fails to work. To survive long term, we need different systems to trade in different market conditions aka different Market Types. Most traders here trade in the "wrong places" and at the "wrong times". {image}
Dear Mr. Emmanuel ...
Thank you so much for your time , but i think you get me wrong .
Any way :
Now the picture are almost clear to me !
I previously signed clearly in the trap of "Becoming Rich Quick " Now and after I dive deep into Myself , now I KNOW what is not working for me.
Matter fact I now want to achieve this goal :
Learning PASR AND Jamse 16 , to get (100 pip /monthly ) ONLY
Dear Sir : Can you direct me to greatly benefited from those men ?
And After achieving my goal, maybe I'll come back in the future to this way (When I can see) (because this method did not work for me)
Thank you
There is Light at the End of the Tunnel.
  • #88,779
  • Jul 25, 2018 7:49pm Jul 25, 2018 7:49pm
Quoting emmanuel7788
{quote} Here live example of BUEB/BUOB The H1 OB has higher high / higher close, but the TDI has not cross but the slope/angle is 12-2, right? But this is low probability as the H1 market is sideways narrow ranged. USDJPY H1 London Open +1 hour. {image} Edit. actually the Green has crossed the Red. You can see that in the indicator window data.

USDJPY H1 Jul 25

that was the right decision no tot trade the BUEB/BUOB becasue the H1 was in narrow range consolidation. Post#647 Do No trade the TDi when price is in consolidation.

It is up to use as traders to use any method known to us to help us identify what is consolidation in thet timeframe chart we chose to trade.

I look at Master Candles, Tokyo_5H, for example when I trade intraday.

Again knowing what is the short term trend and what is the long term trend,
when trading H1, my short term trend is H4 and my long term trend is D1.
that is why I use the 10EMA on every chart timeframe. It is not a holy grail, but give me general view of the price action in relation to its 10EMA on the chart.
you can use the same 5EMA, Typcal Price, Shift+3 and apply that same on every chart timeframe - H1, H4 and D1... also W1.
Not very much difference between the 10EMA, Close Price, Shit+1 and the 5EMA, Typical Price, Shift+3.

How did yesterday trade opportunity resulted?

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY H1 Jul 25 POMO Jul 26.png Size: 83 KB



Post#647 as our checklist every time we look at our charts for trade opportunity.

Attached Image (click to enlarge)
Click to Enlarge Name: Post _647.png Size: 122 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,780
  • Jul 25, 2018 8:06pm Jul 25, 2018 8:06pm
Quoting Ali.J
{quote} Dear Mr. Emmanuel ... Thank you so much for your time , but i think you get me wrong . Any way : Now the picture are almost clear to me ! I previously signed clearly in the trap of "Becoming Rich Quick " Now and after I dive deep into Myself , now I KNOW what is not working for me. Matter fact I now want to achieve this goal : Learning PASR AND Jamse 16 , to get (100 pip /monthly ) ONLY Dear Sir : Can you direct me to greatly benefited from those men ? And After achieving my goal, maybe I'll come back in the future to this way (When I can...

So you just want to make 100 pips / monthly? I don't think this is good way to start with that goal.

How much $money do you want to make on average each month and say over the next 5 years?

Go to that thread james16, read all the OP' post in 2005 and study all his charts from 2005 till 2012. These should help you learn what to look for when you start trading the D1 chart and using TMS 5-Method.

From strat' PSAR old thread, I can confirm that using Triple Screen Trading System taught by Dr Alexander Elder is a proven approach used by many traders.
Do you know the Tripe Screen Trading System? The other 3 things I already mentioned before in this thread.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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