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Trading Made Simple

  • #88,941
  • Jul 29, 2018 9:17pm Jul 29, 2018 9:17pm
Quoting emmanuel7788
Hey Folks, You are spending ... Too much time is being spent on TDI and Stochastics, Too little time on Price Action and Support/Resistance. And no time spend on Money Management, Risk Management for entries and exits, When and How to Let Profits Run. You need to find your WINNING EDGE and the TDI is not in the winning edge equation. Now watch this video and learn about what is Smart Leverage: How to Achieve Returns While Controlling Risk https://www.youtube.com/watch?v=LoF4MvCsU8M&t=28s For those who are swing trading TMS with Multiple...
Hi Emmanuel:

I think this is a little confusing. For me, i think leverage is mainly for brokers to lower the trading standard for everyone to join the forex market, they don't mind doing that because 90% of clients would lose their money to brokers eventually. So, like you always reminded us before, it's best to risk 1-2% of balance/equity per basket of trade, if this is done, we have our risk in control , then why worry about the leverage?

So, i think the webinar gives us the main question and answer in video time from 22:00 to 24:00.

In my opinion, if forex brokers are being forced to give out low leverage by financial regulators , the brokers can work around this issue by giving clients a lot of fancy forex promotions which provide free bonus (credit) for trading. (if this is what Boris worries about and want to explain how low leverage is still good to trade)

regards,

Steven
  • #88,942
  • Jul 30, 2018 3:28am Jul 30, 2018 3:28am
Quoting mousteven
{quote} Hi Emmanuel: I think this is a little confusing. For me, i think leverage is mainly for brokers to lower the trading standard for everyone to join the forex market, they don't mind doing that because 90% of clients would lose their money to brokers eventually. So, like you always reminded us before, it's best to risk 1-2% of balance/equity per basket of trade, if this is done, we have our risk in control , then why worry about the leverage? So, i think the webinar gives us the main question and answer in video time from 22:00 to 24:00. In...

High leverage is an evil in this financial industry because it has made retail forex trading into a speculative game. Its financing people to speculate in the forex market hence taking unnecessary risks.

On the other hand, if one take the investor approach and trade forex, you do not need to use high leverage. As investors, you buy and sell with money you have and do not need the financing offered by your broker.

You recall the previous video on Lotto model and Insurance model, and how I use the two models and create a Cash Flow model?
That is quite similar to what he explained as the Smart Way -Turnover in his video. Deposit 1% to 2% of your trading capital in your broker and use that to generate cash flow for you in your given period.
Note: it is 1% to 2% of your trading capital (not account equity / balance) to trade one currency pair.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,943
  • Jul 30, 2018 4:20am Jul 30, 2018 4:20am
Quoting emmanuel7788
{quote} High leverage is an evil in this financial industry because it has made retail forex trading into a speculative game. Its financing people to speculate in the forex market hence taking unnecessary risks. On the other hand, if one take the investor approach and trade forex, you do not need to use high leverage. As investors, you buy and sell with money you have and do not need the financing offered by your broker. You recall the previous video on Lotto model and Insurance model, and how I use the two models and create a Cash Flow model? That...

I don't know why, but after you explained, everything makes sense now!! . Thanks for sharing
  • #88,944
  • Jul 30, 2018 4:30am Jul 30, 2018 4:30am
Quoting emmanuel7788
Remember the TMS pioneer member name snarlyjack? he uses the multiple moving averages aka Guppy MAs to help him see short and long terms.
In case anyone need this book and indicator related to Guppy MA's and related to study for TMS improvement.
Attached File(s)
File Type: ex4 GMMA Long.ex4   9 KB | 362 downloads
File Type: ex4 GMMA Short.ex4   9 KB | 363 downloads
File Type: pdf guppy true price value 2.pdf   2.0 MB | 782 downloads
File Type: pdf TRADING WITH THE GUPPY MULTIPLE MOVING AVERAGE.pdf   132 KB | 795 downloads
File Type: pdf Trend Trading Daryl Guppy.pdf   1.4 MB | 1,611 downloads
  • #88,945
  • Jul 30, 2018 7:06am Jul 30, 2018 7:06am
Pinbar Inside Bar Combo Pattern

Attached Image (click to enlarge)
Click to Enlarge Name: pin-bar-inside-bar-combo-setups1.png Size: 22 KB
  • #88,946
  • Jul 30, 2018 7:11am Jul 30, 2018 7:11am
Quoting DJsignals
Pinbar Inside Bar Combo Pattern {image}

Like today's ERUGBP H4 example...

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP Week 31 Jul 30 H4 pin bar.png Size: 26 KB


Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Jul 30.png Size: 55 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,947
  • Jul 30, 2018 7:19am Jul 30, 2018 7:19am
Quoting emmanuel7788
{quote} Like today's ERUGBP H4 example... {image} {image}
Wow good bounce on the demand zone.

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPH4.png Size: 37 KB
  • #88,948
  • Jul 30, 2018 7:21am Jul 30, 2018 7:21am
Quoting emmanuel7788
{quote} Like today's ERUGBP H4 example... {image} {image}
My chart no inside bar, its your chart from FXCM?
  • #88,949
  • Jul 30, 2018 7:23am Jul 30, 2018 7:23am
Quoting DJsignals
{quote} My chart no inside bar, its your chart from FXCM?

GMT+2 server time
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,950
  • Jul 30, 2018 7:30am Jul 30, 2018 7:30am
Quoting emmanuel7788
{quote} GMT+2 server time
Maybe AxiTrader
  • #88,951
  • Jul 30, 2018 7:36am Jul 30, 2018 7:36am
Quoting DJsignals
{quote} Wow good bounce on the demand zone. {image}

keep it simple ... says who?

use reference point 1 and reference point 2

works on all timeframes

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP H1 500SMA BB20_075.png Size: 63 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,952
  • Jul 30, 2018 7:37am Jul 30, 2018 7:37am
Quoting emmanuel7788
{quote} GMT+2 server time
How to know my broker GMT?
  • #88,953
  • Jul 30, 2018 7:41am Jul 30, 2018 7:41am
Quoting DJsignals
{quote} How to know my broker GMT?

your MT4 Market Watch window shows the server time.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,954
  • Jul 30, 2018 7:46am Jul 30, 2018 7:46am
Quoting emmanuel7788
{quote} keep it simple ... says who? use reference point 1 and reference point 2 works on all timeframes {image}
Yup not that simple.

But its simple right?
  • #88,955
  • Jul 30, 2018 7:53am Jul 30, 2018 7:53am
Quoting DJsignals
{quote} Yup not that simple. But its simple right?

it's in that video: (post 88 916)
https://www.forexfactory.com/showthr...2#post11310032

elapsed time 46:00
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,956
  • Jul 30, 2018 8:21am Jul 30, 2018 8:21am
Quoting emmanuel7788
{quote} keep it simple ... says who? use reference point 1 and reference point 2 works on all timeframes {image}
GBPAUD and GBPNZD is good pinbar setup in my view.

What do you think Emm?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPAUDDaily.png Size: 28 KB
Click to Enlarge Name: GBPNZDDaily.png Size: 34 KB
  • #88,958
  • Jul 30, 2018 9:24am Jul 30, 2018 9:24am
Quoting JosephXiX
Hidden
Hi JosephXiX,

Im sorry, what group?

What is suck having no life?
I had many things everyday.

Justify my existence?
Why i do need that?

Your post smell heavy negative energy.

Im sorry if i had mistake to you.
  • #88,959
  • Jul 30, 2018 12:02pm Jul 30, 2018 12:02pm
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 122 KB


GBP/NZD long aat this moment
POSTMASTER
  • #88,960
  • Jul 30, 2018 12:47pm Jul 30, 2018 12:47pm
In case anyone need indicator for looking regular divergence and hidden divergence.

This indicator is RSI indicator by Paul Dean.

TDI is based on RSI, so i shared here for comparison with TDI.

This is the best indicator out there for showing regular/hidden divergence.

Attached File(s)
File Type: ex4 rsipaintv4.ex4   39 KB | 452 downloads

Attached File(s)
File Type: pdf Configurations.pdf   367 KB | 4,544 downloads
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