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Trading Made Simple

  • #89,241
  • Aug 7, 2018 8:13am Aug 7, 2018 8:13am
Quoting pips29
{quote} poor exit
Oh really? Well at least no loss. Already a little improvement for me.
  • #89,242
  • Aug 7, 2018 8:20am Aug 7, 2018 8:20am
Quoting lddd
{quote} Where to find it? What you mean by trade plan and "know exactly what to look for". Man, I would be a little more inaccurate with your comments. Its like the homeless people holding up the cardboard signs in the streets saying "The End is coming, the end is coming" but none of them can tell you WHEN its coming
Show your respect to others.
Your knowledge about trading is far below emmanuel7788, think before put your comment.
  • #89,243
  • Aug 7, 2018 8:27am Aug 7, 2018 8:27am
Quoting lddd
{quote} Yeah, thanks these are the comments probably help me alot to improve my trading
That was posted to show how shit the signals are on one pair.
Using one of the "famous" phrase: Look at the Big Picture then you will..............................
  • #89,244
  • Aug 7, 2018 8:39am Aug 7, 2018 8:39am
Quoting DJsignals
{quote} Show your respect to others. Your knowledge about trading is far below emmanuel7788, think before put your comment.
DJ
Iddd is right. That sentence would leave any member with a question: " What must I know exactly what to look for?"
Maybe it is Emmanuel's way of "Please ask me so that I can post more post"
  • #89,245
  • Edited 10:22am Aug 7, 2018 8:48am | Edited 10:22am
※ GOLD ※
Gold with the highest Speculative Shorts since 2016-to-CoT date (Well, so far based on my calculated data I took from 2016-2018 only).
In terms of value... Speculators were Net long for $31 billion last March... and then down to $6 billion (CoT data - legacy report format)

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H4 Chart...
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Gold Seasonality: Looking good for August and September
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...back in April
Attached Image


Reposted due to a minor formula typo issue with my last shared CoT data summary.

Note: The CoT reports breaks down each Tuesday’s (Wednesday, GMT+8) Open Interest and gives us a powerful view on what exactly the big guys have been doing in the marketplace and what their plans might be. It is issued every Friday (Saturday, GMT+8) and includes data from Tuesday to Tuesday. The three days prior to the release date are not included. Hence, there is a three-day lag between the report and the actual positioning of traders. This is an eternity by short-term investing standards, and by the time the new report is issued, it has already missed a large amount of trading activity.

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Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #89,246
  • Aug 7, 2018 9:24am Aug 7, 2018 9:24am
Quoting Tekkies
{quote} That was posted to show how shit the signals are on one pair. Using one of the "famous" phrase: Look at the Big Picture then you will..............................
Donīt get it ...
  • #89,247
  • Aug 7, 2018 10:19am Aug 7, 2018 10:19am
Quoting lddd
{quote} Donīt get it ...
You wrote "one pair by so many shit signals in ranging markets you not able to make 20 pips"
I showed that you can make 20 pips
  • #89,248
  • Aug 7, 2018 11:07am Aug 7, 2018 11:07am
Quoting Tekkies
{quote} You wrote "one pair by so many shit signals in ranging markets you not able to make 20 pips" I showed that you can make 20 pips
Ah okay. Yes sure you can do that but with only trading one market / currency pair my point was you have to be patient and it’s for sure not every day like that so I wonder how you able to make constant profits especially if getting so many false signals like i showed you.

Do you only trade GU?
  • #89,249
  • Aug 7, 2018 12:47pm Aug 7, 2018 12:47pm
So you want to trade TMS M15... learn from LE1 aka Arjun


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,250
  • Aug 7, 2018 12:49pm Aug 7, 2018 12:49pm
The Power of 10EMA Post#8,528 by FF member named tango-1

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,251
  • Aug 7, 2018 1:00pm Aug 7, 2018 1:00pm
Quoting lddd
{quote} Ah okay. Yes sure you can do that but with only trading one market / currency pair my point was you have to be patient and it’s for sure not every day like that so I wonder how you able to make constant profits especially if getting so many false signals like i showed you. Do you only trade GU?
Why are you so concerned about time and profit.
- You don't have time and can not wait for a set up to come to you then you will find your account will go to margin call.
Don't worry about profit.
- Worry more about entry and exit.
- You get those two right, profit will look after himself.
- Get those two wrong, you will have no profit.
Don't be greedy, you going to hurt yourself.
----------------------
For now only GBPUSD. Next year EURUSD

Everyday has a set-up. Zoom out on GBPUSD H1 count how many lines are displayed between the thick lines. (Don't count waste of time)
Between every line there is a minimum of 3 M15 crossover.
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The same lines on M15.
(This was done fast in hindsight.)
Between 31 Jul 2018 to 07 Aug 2018 there are 10 potential trades of which 4 is NICE.
The yellow trend line had 64 M15 bars and lasted 15 hours.
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  • #89,252
  • Aug 7, 2018 2:25pm Aug 7, 2018 2:25pm
Quoting Tekkies
{quote} Why are you so concerned about time and profit. - You don't have time and can not wait for a set up to come to you then you will find your account will go to margin call. Don't worry about profit. - Worry more about entry and exit. - You get those two right, profit will look after himself. - Get those two wrong, you will have no profit. Don't be greedy, you going to hurt yourself. ---------------------- For now only GBPUSD. Next year EURUSD Everyday has a set-up. Zoom out on GBPUSD H1 count how many lines are displayed between the thick...
Well, what i see on GU for this time period is a slightly different picture. Most of the signals between M15 or even H1 you marked on that charts occured after very small candles, a lot of ranging conditions and some not even crossed / just touched. I will watch GU closely for the next days. So i have some results/trades for GU on the M15-H1 which we may can discuss later on. It makes little sense at the moment because I donīt have any trades here on record. I mainly trade EU because of low spreads.

But again, i donīt complain about the amount of signals / TDI crosses. In fact i would simply be more happy with less signals/crosses but therefor more quality ones.

You seem to be the guy here day trading this method. But like said a couple of times if your results are limited by a few months only. I mean thats nothing. I came to forex trading 15 years ago, not as a active trading person for most of the time. But still i know that profitable trading for "some time" means absolutely nothing.

Like said earlier show me some verified track records (preferably tested by an independent authority) of people day trading this strategy for 3-5 years at least with constant profits and i am officially impressed. And no, it wonīt help me becoming a better trader. I fully understand that. But you have to understand as well that there are so many fake traders here on FF posting charts every day like they have nothing else to do, providing their "professional" advices and clever sayings to everyone. So please do not take it so seriously when I doubt some of the stuff posted here.
  • #89,253
  • Aug 7, 2018 5:16pm Aug 7, 2018 5:16pm
My view of the charts now ... Tokyo open.


GBPUSD H4 sell
AUDJPY H4 buy
ERUJPY H4 buy

Do you have a trade plan for today?

If you have done your own trade plan , you should know what to look for.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,254
  • Aug 7, 2018 6:28pm Aug 7, 2018 6:28pm
Quoting emmanuel7788
My view of the charts now ... Tokyo open. GBPUSD H4 sell AUDJPY H4 buy ERUJPY H4 buy Do you have a trade plan for today? If you have done your own trade plan , you should know what to look for.
yes sir.trading plan is very important
we lead other follow
  • #89,255
  • Aug 7, 2018 9:21pm Aug 7, 2018 9:21pm
Quoting emmanuel7788
{quote} But you have your Stochastics and that shows divergence, right? For the TDI, I have the following setting 10,5,20, 3,1,7,0 with these settings, I don't care about the 12-2 and 4-6 clock face angle. I give more weight on the price action and the price momentum. that is why I look at DBLHC and DBHLC BEEB and BUEB BEOB and BUOB for setups. when we look at price making Higher High and Higher low, we must also see the Higher High has Higher Close the same in opposite direction, Lower High and Lower Low , we must see Lower Close.
He emmanuell7788, is it possible to put your recomemded Setting in this window ? Thank you
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  • #89,256
  • Aug 7, 2018 11:26pm Aug 7, 2018 11:26pm
Quoting nschwegl
{quote} He emmanuell7788, is it possible to put your recomemded Setting in this window ? Thank you {image}

Hi,

I do not know what that TradersDynamicIndex version you have. If you have the mq4 file, you can post that and I can take a look inside.

But the setting parameter should be as below:

Attached Image (click to enlarge)
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Note: that TDI Price Line selection is changed to Typical Price because I look for price action bar patterns - DBHLC, DBLHC, BUOB, BEOB, BUEB, BEEB, and also the breakouts of the Master Candles and also the Inside Bars. This we eliminate the 12-2 and 4-6 clock face angles which are subjective most times. These price action bar pattern is enough for a trade decision for reversals and continuation trades.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,257
  • Edited 11:56pm Aug 7, 2018 11:37pm | Edited 11:56pm
Quoting lddd
{quote}Like said earlier show me some verified track records (preferably tested by an independent authority) of people day trading this strategy for 3-5 years at least with constant profits and i am officially impressed. And no, it wonīt help me becoming a better trader. I fully understand that. But you have to understand as well that there are so many fake traders here on FF posting charts every day like they have nothing else to do, providing their "professional" advices and clever sayings to everyone. So please do not take it so seriously when...
Iddd
The above quote reflect the concern of every serious member on any forum.
----
Can not show a track record of 3-5 years because I only heard of Forex mid 2015. Like many newbies typed google "how to trade" and ended up here. FF posts reflects my track record of which I am not proud of. Many of them is actual fight's with the so called
"fake traders here on FF posting charts every day like they have nothing else to do, providing their "professional" advices and clever sayings to everyone"
----
Iddd, I took only what BigE has left behind in this thread and made it my own. Those posted of which I did not understood I used google search due to the fact that the advice given in this thread is biased against indicators and most of BigE's posts.

What you see posted is how I understand Trading Made Simple. I don't care a F#$K what other members think if it. It works for me, the account is growing slowly bit by bit, that in the end is really all that matter regarding forex trading.

Here is a trade that I missed. Not going to jump in because:
- Look left on D1, consolidation zone at 5 May
- M15 has crossed 7 bars back
- Don't chase big bars
- H1 is right on top of a support level
Attached Image (click to enlarge)
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  • #89,258
  • Aug 7, 2018 11:43pm Aug 7, 2018 11:43pm
Quoting Paybackfx
{quote} yes sir.trading plan is very important


Many traders make their trade plans but they failed to follow their trade plans.
Yet some traders think they can trade without any plan.

Attached File(s)
File Type: pdf Why Traders Plan Trades.pdf   95 KB | 806 downloads



Five Guiding Principles of Short Term Trading
Many TMS traders fail to make consistent profits because they do not know No. 4) of the guiding principles.
They often trade when the market condition is not favourable for TMS 5-Method trading.

Attached File(s)
File Type: pdf Five Guiding Principles of Short Term Trading.pdf   33 KB | 804 downloads
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,259
  • Aug 8, 2018 12:14am Aug 8, 2018 12:14am
Quoting emmanuel7788
{quote} Hi, I do not know what that TradersDynamicIndex version you have. If you have the mq4 file, you can post that and I can take a look inside. But the setting parameter should be as below: {image} Note: that TDI Price Line selection is changed to Typical Price because I look for price action bar patterns - DBHLC, DBLHC, BUOB, BEOB, BUEB, BEEB, and also the breakouts of the Master Candles and also the Inside Bars. This we eliminate the 12-2 and 4-6 clock face angles which are subjective most times. These price action bar pattern is enough for...
Hi emmanuell7788, DBHLC, DBLHC, BUOB, BEOB, BUEB, BEEB, what is the Translation for These pattern, thanks in advance
  • #89,260
  • Aug 8, 2018 12:33am Aug 8, 2018 12:33am
Quoting nschwegl
{quote} Hi emmanuell7788, DBHLC, DBLHC, BUOB, BEOB, BUEB, BEEB, what is the Translation for These pattern, thanks in advance

Start with some basic reading first.

https://priceactiontracker.com/price-action/

There are many posts I amde with these examples. You can read them.

Going forward, I will post charts with live trades examples when I spot these.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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