Trading Made Simple | Page 4541 | 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

  • #90,801
  • Sep 16, 2018 4:44pm Sep 16, 2018 4:44pm
DISCLAIMERS

I read lots of these disclaimers in all trading websites.

Below is a typical example which appears to be standard and the one single reason why most people will lose their money is obvious.
<quote>
Disclaimer
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #90,802
  • Sep 16, 2018 5:02pm Sep 16, 2018 5:02pm
AUDCAD Week 38 Sep 17 ... SELL with MEME

First open order to initiate the basket for this week.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDCAD Week 38 Sep 17 trade entry SL limit order.png Size: 35 KB


Disclaimer
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #90,803
  • Sep 16, 2018 10:56pm Sep 16, 2018 10:56pm
Good luck.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_3 - Copy.jpg Size: 153 KB
Newbies be warned of emmanuel7788. Hes not true.
  • #90,804
  • Sep 16, 2018 11:06pm Sep 16, 2018 11:06pm
Quoting Malony
Good luck. {image}
"This thread is not ready for peak performance trading."
Attached Image (click to enlarge)
Click to Enlarge Name: lucky.PNG Size: 35 KB
  • #90,805
  • Sep 16, 2018 11:29pm Sep 16, 2018 11:29pm
Keep it simple.
Study only what BigE has posted.
Both the angle's are below 5.
Stoch is still confused after that green spike
Bar's are a little bit confusing.
Wick are long at top of bar.
At or just below Resistance.
Attached Image (click to enlarge)
Click to Enlarge Name: simplrere.PNG Size: 38 KB
  • #90,806
  • Sep 16, 2018 11:39pm Sep 16, 2018 11:39pm
Quoting Tekkies
{quote} "This thread is not ready for peak performance trading." {image}
So, you draw invalidated S/R lines? What gives?
If you are good at something, never do it for free--Joker
  • #90,807
  • Sep 17, 2018 12:34am Sep 17, 2018 12:34am
TDI is King... Green Angle was sharp 13 Clock

Attached Image (click to enlarge)
Click to Enlarge Name: usdcad-m30-tickmill-ltd-2.png Size: 37 KB
  • #90,808
  • Sep 17, 2018 12:51am Sep 17, 2018 12:51am
Quoting lddd
TDI is King... Green Angle was sharp 13 Clock {image}
No.
Hook over to close trade only.
  • #90,809
  • Sep 17, 2018 12:53am Sep 17, 2018 12:53am
Quoting jmn5611
{quote} So, you draw invalidated S/R lines? What gives?
Post 90,799
  • #90,810
  • Sep 17, 2018 12:54am Sep 17, 2018 12:54am
Quoting Tekkies
{quote} No. Hook over to close trade only.
No not really. It will hit the SL. TDI Green Angle was very good 12-13 Clock at the time it crossed. This is just some example you can´t trust in it. Will post more.
  • #90,811
  • Sep 17, 2018 1:03am Sep 17, 2018 1:03am
Lets see how much King this TDI 12-2 Angle will be...

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-m30-tickmill-ltd.png Size: 35 KB
  • #90,812
  • Sep 17, 2018 1:16am Sep 17, 2018 1:16am
Quoting lddd
Lets see how much King this TDI 12-2 Angle will be... {image}
Yes we should
Attached Image (click to enlarge)
Click to Enlarge Name: jghjghjh.PNG Size: 49 KB
  • #90,813
  • Sep 17, 2018 1:32am Sep 17, 2018 1:32am
UCAD SL. TDI Green Angle was 12-13 (just saying...)

Attached Image (click to enlarge)
Click to Enlarge Name: usdcad-m30-tickmill-ltd.png Size: 36 KB
  • #90,814
  • Sep 17, 2018 2:14am Sep 17, 2018 2:14am
EUR/USD already starting to hook over (not even 10 pips). Now i guess following to BigE´s rules (exit if TDI starting to hook over) we would exit the trade here. A lot of risk compared to little/no return. I could move SL to break even on this one, however i just will leave it by that now and keep you updated once that "King" TDI Angle failed for another time.

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-m30-tickmill-ltd.png Size: 27 KB
  • #90,815
  • Sep 17, 2018 2:20am Sep 17, 2018 2:20am
Quoting lddd
UCAD SL. TDI Green Angle was 12-13 (just saying...) {image}
No disrespect mate but why would you go long there? I don't trade TMS but I do trade the stochs and MA's. Please tell me from just those two lagging indicators why you would choose to go long?

Attached Image (click to enlarge)
Click to Enlarge Name: IDD UCAD.png Size: 37 KB
Ardua Ad Astra Per
  • #90,816
  • Sep 17, 2018 2:27am Sep 17, 2018 2:27am
Quoting mistakesr
{quote} No disrespect mate but why would you go long there? I don't trade TMS but I do trade the stochs and MA's. Please tell me from just those two lagging indicators why you would choose to go long? {image}
Why do you say lagging indicator Mistake?
They work just fine.
Took the M15 angle for entry
D1, W1 and MN are going down.
Attached Image (click to enlarge)
Click to Enlarge Name: vbnvbnvb.PNG Size: 50 KB
  • #90,817
  • Sep 17, 2018 2:38am Sep 17, 2018 2:38am
Quoting Tekkies
{quote} Why do you say lagging indicator Mistake? They work just fine. {image}
The vast majority of indis lag behind price, they might just work fine for you and how you use them as they do for many others but they still lag. But that's not what I was trying to point out to Iddd, if he had taught himself just how the stoch moves he would not have entered that trade. If he had taught himself how MA's move he would not have entered that trade. Just pretty simple stuff if you can sift all the bullshit away from the reality.
Ardua Ad Astra Per
  • #90,818
  • Sep 17, 2018 2:46am Sep 17, 2018 2:46am
Quoting mistakesr
{quote} The vast majority of indis lag behind price, they might just work fine for you and how you use them as they do for many others but they still lag. But that's not what I was trying to point out to Iddd, if he had taught himself just how the stoch moves he would not have entered that trade. If he had taught himself how MA's move he would not have entered that trade. Just pretty simple stuff if you can sift all the bullshit away from the reality.

Similarly, if he had have just had a look at the next TF up (H1), he wouldn't have entered. This simple bit of advice has been posted several times by lisat, yet people don't do it!!

Just pay attention to the basics and forget all the gimmicks and crap you see on this thread
Doing what you like is Freedom. Liking what you do is Happiness.
  • #90,819
  • Sep 17, 2018 2:54am Sep 17, 2018 2:54am
Quoting mistakesr
{quote} No disrespect mate but why would you go long there? I don't trade TMS but I do trade the stochs and MA's. Please tell me from just those two lagging indicators why you would choose to go long? {image}
I followed the TDI buy entry signal it gave to me in this example because the TDI Green Angle was good at the time green/red crossed. Because this is one of the entry rules criteria here. So this is only to contradict some of the poor claims that TDI is King, Angle is important, and all that crap...

I know there are much more things to check. Not sure if looking at the overall layout of the TDI/Stoch Histogram is one of the rules, at least did not read about it so far here by any of the BigEs posts. Only to look at Price Action, SR areas, maybe the next higher timeframe (Top down analyse) to make sure you trade in the overall same direction you want to go.

I am just trying to give it more "realistic" picture of what trading the TMS means instead of only posting hand picked profitable demo trades like most of the other specialists do here.

Its more about NOT entering in the 18 of 20 trades where even the best TDI/Stoch setups fail. But this is not something anyone is telling one here.
  • #90,820
  • Sep 17, 2018 2:55am Sep 17, 2018 2:55am
Quoting mistakesr
{quote} The vast majority of indis lag behind price, they might just work fine for you and how you use them as they do for many others but they still lag. But that's not what I was trying to point out to Iddd, if he had taught himself just how the stoch moves he would not have entered that trade. If he had taught himself how MA's move he would not have entered that trade. Just pretty simple stuff if you can sift all the bullshit away from the reality.
Let's agree to disagree.
Iddd should read how Spud used Stoch. He really had two nice threads going on how to use Stoch until he also got fed-up with the constant battaring by members that can't stand to see a method does work. Wonder if he still trade like that?
As to MA's don't like them that much. Would rather use CCI instead.
173 traders viewing now