Trading Made Simple | Page 4529 | 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

  • #90,561
  • Sep 6, 2018 2:01pm Sep 6, 2018 2:01pm
More like this tekkies it's a pullback to demand
Attached Image (click to enlarge)
Click to Enlarge Name: 1536260393207.png Size: 26 KB
  • #90,562
  • Sep 6, 2018 2:51pm Sep 6, 2018 2:51pm
And another setup
Attached Image (click to enlarge)
Click to Enlarge Name: 1536263398330.png Size: 29 KB
  • #90,563
  • Sep 6, 2018 3:52pm Sep 6, 2018 3:52pm
SL Trade EUR/JPY.

Attached Image (click to enlarge)
Click to Enlarge Name: EJ.jpg Size: 312 KB
  • #90,564
  • Sep 6, 2018 4:31pm Sep 6, 2018 4:31pm
Quoting lddd
SL Trade EUR/JPY. {image}
Could give some pointers but why should you pay attention to what a fake trader has to say.
  • #90,565
  • Sep 6, 2018 4:57pm Sep 6, 2018 4:57pm
Quoting Divergence
More like this tekkies it's a pullback to demand {image}
Thanks Div. Can you please provide which Index Future those charts represent on MQ4
  • #90,566
  • Sep 6, 2018 5:03pm Sep 6, 2018 5:03pm
Metatrader only does cfd where each point is 10 pips futures is every 4 ticks so cfd symbol I think is nas100
  • #90,567
  • Sep 6, 2018 5:27pm Sep 6, 2018 5:27pm
Quoting okoso
{quote} Hi Emmanuel, Thanks for sharing your trades and your view on how you manage the trade. I was also able to have few pips and have 1 position still open. Cheers, Okoso {image}

Hi okoso,

AUDJPY Sep 07 update:

As I had 'wished' for, Sep06 D1 did make a lower low and lower CLOSE. But the CLOSE was not lower than last Week's Friday Low and the TDI Green bounces off the Red is less significant.

Today should be sell continuation.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY Sep 06 D1 close.png Size: 61 KB


Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY Week 36 Sep07 BPP.png Size: 42 KB


Trade Well.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #90,568
  • Sep 6, 2018 5:47pm Sep 6, 2018 5:47pm
EURJPY Sep06 POMO

Price Action leads the TDI

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY Sep07 BPP POMO.png Size: 66 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #90,569
  • Sep 6, 2018 6:20pm Sep 6, 2018 6:20pm
Quoting catalin_eros
{quote} MN BEEB and space to fall, W1 BEOB. Your emas look as they should, too. That pin from the week 13-17.08 would have kept me out, but that is not part of my question. I was not referring to Big E's rule of entering on the first or second candle, I was just asking if there is any reason you did not enter one candle earlier, as there was a signal there given by the TDI and 5 ema. The week started on the 3rd, and your entry was on the 4th.
Hi catalin,

1st,
Attached Image (click to enlarge)
Click to Enlarge Name: Big E post 4752 trade Dailies.png Size: 35 KB


2nd,
but he did not like to trade the D1, because of .....
Attached Image (click to enlarge)
Click to Enlarge Name: Big E post 302 Daily pull back.png Size: 49 KB



3rd,
When I swing trade, I trade when there is an established trend (or a wave). I do not need to enter at the reversal point. I can enter any time in that established trend. Look at the price action - the top of the swing and the previous bar high-low, and know where to pace your initial SL to determine your trade risk R.
What shall I do when there is D1 pullback? I make use of the D1 pull back to build up my positions in the market. (Read Agustin Silvani)

4th,

Entering a reversal on the first HA candle is far too aggressive and risky. If we look for trade opportunities which has a potential of 3 to 8 candles swing, even entering on candles 3,4,5 and 6 can be profitable. And we do not need to follow Big E risking 15% to 30% of his account deposit per trade.

5th,

Trading rules must be written by the trader and tested in live market trading. The trader must test his system rules and fine tune them until he/she has reached consistency in trading results. This takes time, can be from 1 to 5 years, to determine if a system is robust enough and can produce the results that fulfills the traders financial goals. As an independent trader, I do not believe in trading with other people's rules.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #90,570
  • Sep 6, 2018 7:26pm Sep 6, 2018 7:26pm
Quoting emmanuel7788
{quote} Hi okoso, I took profit with one AJ position and initiated a new basket. Now waiting for AU to move into my 0.25adr TP region then I do the same. UJ has a few technical resistance above current price action. That Week 34 WRB High-Low is the range I am looking at for potential breakout. Week 35 did not have a higher Close despite it made a higher high-higher low. {image}

Hi okoso.

USDJPY Sep 07 update:

We have a 3-bar swing high reversal setup using that week 34 t W1 WRB High as resistance.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Week 36 WRB Sep 07.png Size: 38 KB


Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Week 36 Sep07 3ba rswing high reversal.png Size: 54 KB


Trade Well.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #90,571
  • Sep 6, 2018 7:45pm Sep 6, 2018 7:45pm
About leading indicators,

here is one,

it will happen at 12am today New York...

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Sep 07 NY 7pm leading Indicators.png Size: 51 KB


look for UJ bounce around 110.30
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #90,572
  • Sep 6, 2018 10:59pm Sep 6, 2018 10:59pm
Quoting emmanuel7788
{quote} Hi okoso, AUDJPY Sep 07 update: As I had 'wished' for, Sep06 D1 did make a lower low and lower CLOSE. But the CLOSE was not lower than last Week's Friday Low and the TDI Green bounces off the Red is less significant. Today should be sell continuation. {image} {image} Trade Well.
Hi Emmanuel,

I wanted to ask you questions on "run phase" and also "scaling in" and waited the market to present a case. Now I think is the time.

You say "... the CLOSE was not lower than last Week's Friday Low and the TDI Green bounces off the Red is less significant."

My question is had this close was lower than Friday low, would it have initiated the "run phase" or we are already in the "run phase" as price is making lower low?

Secondly, we had a DIB set up H1 at Tokoy open. Was this a good opportunity to scale in? Or not as the close was not lower than Friday low and we are not yet in the run phase?

Thanks for your feedback. I feel like I am sitting next to you and learning.

Okoso
  • #90,573
  • Sep 6, 2018 11:08pm Sep 6, 2018 11:08pm
Quoting emmanuel7788
{quote} Hi okoso. USDJPY Sep 07 update: We have a 3-bar swing high reversal setup using that week 34 t W1 WRB High as resistance. {image} {image} Trade Well.
Hi Emmanuel,

Thanks for your view. But we have another WRB of week 28 (with arrow on my chart) which seems more significant than WRB of week 34 and the low of that seems to be holding the price for quite few weeks. Now we have a case of WRB within a WRB. Which one prevails?

Thanks for your comments.

Okoso
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYWeekly07.09.18.png Size: 28 KB
  • #90,574
  • Sep 7, 2018 12:42am Sep 7, 2018 12:42am
Quoting lddd
SL Trade EUR/JPY. {image}
And once again I'll say it, check the timeframe above before going into a trade.
Success means going from failure to failure without loss of enthusiasm
  • #90,575
  • Sep 7, 2018 2:12am Sep 7, 2018 2:12am
Quoting lisat
{quote}And once again I'll say it, check the timeframe above before going into a trade.

That simple piece of advice is one of the most valuable lessens to learn. So simple and so powerful, but people don't do it!!....doh!!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #90,576
  • Sep 7, 2018 2:16am Sep 7, 2018 2:16am
Quoting lddd
{quote} Actually people like Tekkies and Emmanuel constantly claming there success with the TMS here could do so easily here too. But i guess they are afraid of losing their reputation here and people would see the big picture. Instead they post some stupid charts not showing anything, the complete big picture is missing. It doesnīt show any success at all instead of some random trades made. Its complete bullshit but if you confront them with it "hey could you proof this somehow" they will come up with "i donīt need to proof anything" or quote BigE...

Yes I agree completely. So much resistance and digging their heels in, yet the trades they show on those charts reveal nothing more or less than that of a TE......so why the stubborn resistance?? Only one reason, right?

It's all well and good to show a chart and say 'you can verify this in your own platform' but showing charts has many drawbacks and are clearly no indication of competence in trading the system:

1. Is the chart real or demo?
2. Are these charts 'cherry picked' or are you showing us EVERY trade to you enter?
3. If the answer to 2. is 'I am showing you every trade I enter, win or lose'....how can THAT be verified??
4. Showing a chert here and there is no indication of consistency. I would like to see the history of 100 trades or more.....then we can form a proper picture. I want to analyse the performance of the account.

As for the security of the TE and your account, I had these very questions too when the TE first became available. If I remember right, FF needs your account name and the 'read only' password in order for the TE to function. Giving up your account name is half of the account security down the toilet is it not? FF has your account name, all that's need is your real password and they can cause all sorts of mischief with your account!!

I'm sure that these very issues have been ironed out by now though, and anyway, it's no less secure than giving someone read only access to your account in the first place!! I would certainly confirm with the broker before creating a TE to see if it violates any of the small print before creating a TE, but I can't imagine that there is any issue or else we'd know about it by now.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #90,577
  • Edited 3:59am Sep 7, 2018 3:30am | Edited 3:59am
Quoting lddd
{quote} Everything can be manipulated. But with a verified trading account on a reliable broker attached to MyFxBook for e.g, if the account allows viewing detailed trade history, positioning size, stop losses, take profits, account leverage, desposits, withdrawals its very hard to fake all this. And even if its faked, you will be able to see this quiet easy while looking through the detailed trading history. There might be some PAMN accounts faked to attract investors money but actually you can see this in a matter of seconds by looking at the...
Quoting realjumper
{quote} Yes I agree completely. So much resistance and digging their heels in, yet the trades they show on those charts reveal nothing more or less than that of a TE......so why the stubborn resistance?? Only one reason, right? It's all well and good to show a chart and say 'you can verify this in your own platform' but showing charts has many drawbacks and are clearly no indication of competence in trading the system: 1. Is the chart real or demo? 2. Are these charts 'cherry picked' or are you showing us EVERY trade to you enter? 3. If the answer...
Not mean this in a bad way Iddd, Jumper.
Are you guys so insecure in your own capabilities as a trader?
Why not take the chart posted at face value. (Argument sake: Ok it is a fake, got edited with photoshop. So what.) The rules of this method is well known. Take the rules and apply it to the chart posted. Jumper you know TMS inside out. You, Catalin, Lisat, Emm and a few others will be the very first ones to spot any discrepancies.
Ask questions related to what you have found wrong.

Anyway here is a fake photoshop of two live trade's.
Please take note of time posted. Go and check it live on your platform if it is possible to do this.
Attached Image (click to enlarge)
Click to Enlarge Name: jkjyyuiy.PNG Size: 100 KB
  • #90,578
  • Sep 7, 2018 3:36am Sep 7, 2018 3:36am
Quoting realjumper
{quote} Yes I agree completely. So much resistance and digging their heels in, yet the trades they show on those charts reveal nothing more or less than that of a TE......so why the stubborn resistance??

Emmanuel7788 has nothing to offer thats why there will never be a thread by him nor a live trade.

Every real trader would have stopped posting (scamming) in this thread after recieving such a shitstorm like him. Ask yourself why this guy keep on posting. Everything screams fake. The stock millionaire with the mt4 backtesting. Why he dont make some more millions on the stockmarket and leave the Kindergarten mt4? Why he calls FF bad and keep spamming with more in average 10 posts a day? Why he starts to battle every real trader? Why hes continious lying? What he have to hide? Why he say he cant trade like the OP but gives advices to newbies in BIG E`s thread?

I think the answer is pretty clear and has four letters. Sadly FF tolerates it. But hey, so we see with whom we are dealing.
Newbies be warned of emmanuel7788. Hes not true.
  • #90,579
  • Sep 7, 2018 4:01am Sep 7, 2018 4:01am
Seriously people if you don't like/believe what is posted here why waste your time here ... it is obvious the neither T or E wishes to post a TE and that is their right ... it is not a competition with rules where they are required to do anything.
Don't like it then leave ... go somewhere else or here is a thought ... maybe start your own thread and provide the "holy grail" if there is such a thing ... and show everyone how you have made your first $$$$ ... but I doubt it ... why ... cause it is easier to criticise than to perform ... that a fact
Why take ups non-productive space here ... in the years I was in business there were always the knockers, we called them competition, they had their place we had ours ... they either outlasted us or we outlasted them with our POD ... Points Of Difference ... this business is really no different ... 80% go broke in the first 5 years and 80% go broke in the next five years which brings success down to 4% which from what I have read is the same for FX ... the big difference is that FX is easier to get into ... where capital outlay next to nothing and because of that more people involved so the numbers are higher but the % remains approx the same.
Just like buying something in a shop ... online or not ... don't see what you like move on ... you don't stand outside the shop with placards saying this shop sell !@#$ ... you move on and be mature.
All the best
When you are successful perhaps give a thought to others ... Kiva dot org
  • #90,580
  • Sep 7, 2018 4:05am Sep 7, 2018 4:05am
Two trade this morning
Attached Image (click to enlarge)
Click to Enlarge Name: trfrdes.PNG Size: 118 KB
31 traders viewing now, 2 are registered:
Tekkies
,
ubirock