Trading Made Simple | Page 4685 | 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

  • #93,681
  • Jan 28, 2019 3:10am Jan 28, 2019 3:10am
I think about banashing mondays and fridays completely from watching markets, trying to find trades. Itīs a waste of time more often than anything else. At least with Forex. Does anyone feels the same?
  • #93,682
  • Jan 28, 2019 3:21am Jan 28, 2019 3:21am
Quoting lddd
I think about banashing mondays and fridays completely from watching markets, trying to find trades. Itīs a waste of time more often than anything else. At least with Forex. Does anyone feels the same?
when you trade very short term scalping and intraday,

good to check the latest statistics of the currency pair' volatility per hour of the day and also the volatility per day of the week.

mondays are the boring weekday.

Attached Image (click to enlarge)
Click to Enlarge Name: Volatility EURUSD.png Size: 21 KB


https://www.mataf.net/en/forex/tools/volatility
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,683
  • Jan 28, 2019 3:30am Jan 28, 2019 3:30am
Quoting munchie
Hi RickM, Thanks for your time ,so It mean you can have one account and trade different EA strategy ,like your account you can have 3 trending EA and 2 reversal EA and later on you can add more without open the other account ,only one you can have different strategy and Ea ha.I didn't know that ,now I have 2EA but I have open 2 different account and pay different VPS for each of account .Can you confirm for me one more time ,only one that enough. Thanks
Hi Munchie

I believe US traders are bound by FIFO rules so you can't trade both ways on the same account. You would need two accounts, one for long and one for short and transfer the money between accounts to balance the positions.
Anyway in Australia I can trade both ways which gives me a HUGE advantage.
Normally one VPS account is all I need. I can have one account with say 5 EURCAD charts up and just install a different EA onto each chart.
You can get the same end result as I do but you would need more capital split between two accounts.
Trading thin liquidity at the boundary of the charts
  • #93,684
  • Jan 28, 2019 3:33am Jan 28, 2019 3:33am
Quoting lddd
{quote} I hope that someday I'll be as successful as you Emmanuel. Trading on higher time frames for multi million dollar returns while having enough time to fight with anonymous forum members about who is right or wrong. Comparing all the nifty little details on each chart posted, exposing all the liars, protecting all the newbies who can not think for themselves.

I never claimed to make multi-million dollar returns trading spot forex.

I am retired and still find trading the longer term timeframes fit my lifestyle and also more profitable. I automate my trading and I only need t spend 2 hours on the weekends to prepare and update my trade plan. I only need to check my charts once per day anytime I want. Therefore I have plenty of time to do other things like following forums and also chat with other trading groups.

You want to trade like me, you can. But first you need to be very meticulous and can see many details on charts posted by members. I spent a lot of my time learning and practicing multi-timeframe trading.
When you have a financial objective in mind, let me know and I can show you how to trade multiple entries / multiple exits to grow an account through consistently and with less time spend looking at charts. Forget about the short term day trading.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,685
  • Jan 28, 2019 3:37am Jan 28, 2019 3:37am
Quoting RickM
{quote} Hi Munchie I believe US traders are bound by FIFO rules so you can't trade both ways on the same account. You would need two accounts, one for long and one for short and transfer the money between accounts to balance the positions. Anyway in Australia I can trade both ways which gives me a HUGE advantage. Normally one VPS account is all I need. I can have one account with say 5 EURCAD charts up and just install a different EA onto each chart. You can get the same end result as I do but you would need more capital split between two accounts....

wont be long that Australia will also forbid hedging in same account.

FiFO in US means I always close oldest positions in chronological order and is 'problematic' for MEME EAs.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,686
  • Jan 28, 2019 3:41am Jan 28, 2019 3:41am
DE30 Jan 28 multi-timeframe M15 H1 H4

H4 shows a BUOB ,

Attached Image (click to enlarge)
Click to Enlarge Name: De30 Jan 28 M15 H1 H4 BUOB.png Size: 73 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,687
  • Jan 28, 2019 3:49am Jan 28, 2019 3:49am
sell nzdusd

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 14 KB
  • #93,688
  • Jan 28, 2019 4:02am Jan 28, 2019 4:02am
Quoting emmanuel7788
{quote} I never claimed to make multi-million dollar returns trading spot forex. I am retired and still find trading the longer term timeframes fit my lifestyle and also more profitable. I automate my trading and I only need t spend 2 hours on the weekends to prepare and update my trade plan. I only need to check my charts once per day anytime I want. Therefore I have plenty of time to do other things like following forums and also chat with other trading groups. You want to trade like me, you can. But first you need to be very meticulous and can...
Well, thats fine. I would like to forget about it but trading multiple currency pairs on higher time periods even if you get more reliable signals by the TDI is simply not fitting into my lifestyle. My weekends are dedicated to the friends, family and drinks. Also i am still not retired yet (maybe in 30-40 years).

I came to the TMS looking for a way to improve my manual trading skills in a nutshell which doesnīt means that i am fully convinced about any green/red crosss will ever give you an edge.

However if i will find my way to trade this successfully on the short term / day trading, even if this just means a 10 Pips profit on average per week, i would be happy with it.

I would simply increase the tradings capital and position size for single trades instead of trading multiple entries exits scanning and monitoring a dozens of different pending trades at once. Even if you have worked out a way to automate things, making it more easier, its probably not my style.

So I would like to find 5-10 trades max per week ending in 10 pips positive by the end of the week. No open trades at the same time over multiple markets. No trades open by the end of the day, at best not open by the end of a single trading session.

Better actively spending 1-2 hours max / day achieving this watching/doing what ever but THATS IT.

For anything else, long term stable growing profits i have already found a good mix of different EAs i run for a few years now. Trading all these systems and accounts with zero risk as i have already got paid out my initial desposits by the brokers. So if they keep making constant profits, thats fine. If they blow up some day, i am fine with that too...

But i donīt want another semi-automated system/strategy leading to another 2-5% monthly average at max while still having to manual actively do something on my weekends...
  • #93,689
  • Jan 28, 2019 4:15am Jan 28, 2019 4:15am
Quoting emmanuel7788
DE30 Jan 28 multi-timeframe M15 H1 H4 H4 shows a BUOB , {image}

DE30

when this M15 closes, will the TDI cross up?

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 M15 28-01-2019 20-13-49.png Size: 33 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,690
  • Jan 28, 2019 4:17am Jan 28, 2019 4:17am
Quoting emmanuel7788
{quote} DE30 when this M15 closes, will the TDI cross up? {image}

DE30 M15 closed TDI cross up,
reversal candle,

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 M15 update 28-01-2019 20-15-40.png Size: 34 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,691
  • Jan 28, 2019 4:34am Jan 28, 2019 4:34am
Quoting kain775
{quote} Wait, What!? Tekkies is a female?
No not female.

Gabriel often uses 'she' where 'he' should be used when he is not happy with someone.
Videsha Mudal Welenda
  • #93,692
  • Jan 28, 2019 5:51am Jan 28, 2019 5:51am
short cadjpy

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 11 KB
  • #93,693
  • Jan 28, 2019 11:19am Jan 28, 2019 11:19am
Quoting VantHarp
{quote} No not female. Gabriel often uses 'she' where 'he' should be used when he is not happy with someone.


Ah I see, thanks for clearing that up.

I was thinking to myself wtf I could of sworn Tekkies was a man. When did he Transition...? lol
  • #93,694
  • Jan 28, 2019 11:25am Jan 28, 2019 11:25am
Quoting mihailiviu
Hello, I need someone's help to send a PM to Forexcube https://cdn-assets.faireconomy.media...ar124977_6.gif Forexcube I'm new and PM are not available for me yet. The message is this: In Post 103 https://www.forexfactory.com/showthr...53#post4572353 you shared a screenshot and I like the setup for TDI and Stoch with those colors like in the picture bellow. I am a visual person and I would love to have...



He's not been online in almost 2 years

Your PM would fall on deaf ears anyway..
  • #93,695
  • Jan 28, 2019 12:36pm Jan 28, 2019 12:36pm
Quoting emmanuel7788
{quote} I never claimed to make multi-million dollar returns trading spot forex. I am retired and still find trading the longer term timeframes fit my lifestyle and also more profitable. I automate my trading and I only need t spend 2 hours on the weekends to prepare and update my trade plan. I only need to check my charts once per day anytime I want. Therefore I have plenty of time to do other things like following forums and also chat with other trading groups. You want to trade like me, you can. But first you need to be very meticulous and can...
.

Emmanuel ,
I always respect you and wish you have healthy life and everything you threads in this FF that was treasure from your experience and good heart to share with us ,you don't own us anything ,every minute you teach us every appreciate we own you debt for your life never can pay .Base on your thread you trade EA 100% and you trade MEME EAs ,I saw one MEME EAs from J1mm ,can I use that EA, I have a financial objective ,I can be meticulous ,because I still learning form day to day for watching trend and chart .You think will be enough for you to show me how to trade multiple entries/multiple exit to grow my account through consistently .Thanks
Emmanuel .
  • #93,696
  • Edited 2:46pm Jan 28, 2019 2:11pm | Edited 2:46pm
Soo... I tried downloading the template from #post 25, this just pops up... Can anyone help to get me set up. Thanks!!

P.s can't seem to download metatrader 4, I only have metatrader 5 - Can anyone upload the files for metatrader5
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 20 KB
  • #93,697
  • Jan 28, 2019 3:20pm Jan 28, 2019 3:20pm
Quoting Eatingforex
Soo... I tried downloading the template from #post 25, this just pops up... Can anyone help to get me set up. Thanks!! P.s can't seem to download metatrader 4, I only have metatrader 5 - Can anyone upload the files for metatrader5 {image}
Here are the MT5 versions:

Synergy_APB click download

Traders Dynamic Index click download
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,698
  • Jan 28, 2019 3:27pm Jan 28, 2019 3:27pm
Quoting emmanuel7788
{quote} DE30 M15 closed TDI cross up, reversal candle, {image}

DE30 Jan 28 M15 TDI crosses Up and Down:

Now you can count how many times the TDI crosses up and down.

Then count how many reversal candles there were in one day.

Can you trade reversal candles?

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Jan 28 M15 TDI crosses.png Size: 41 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,699
  • Jan 28, 2019 3:44pm Jan 28, 2019 3:44pm
Quoting munchie
{quote}. Emmanuel , I always respect you and wish you have healthy life and everything you threads in this FF that was treasure from your experience and good heart to share with us ,you don't own us anything ,every minute you teach us every appreciate we own you debt for your life never can pay .Base on your thread you trade EA 100% and you trade MEME EAs ,I saw one MEME EAs from J1mm ,can I use that EA, I have a financial objective ,I can be meticulous ,because I still learning form day to day for watching trend and chart .You think will be enough...

So you want to learn to trade TMS with Multiple Entries / Multiple Exits?

Start reading his old thread how Big E traded with multiple entries. His way is simpler and he was a manual trader.

I also trade manually but I use a expert advisor to manage my trades because I want to spend less time managing trades and I can trade a pool of several pairs at the same time.

If you want to learn how I trade TMS MEME , read my posts from 2005 onwards.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,700
  • Jan 28, 2019 3:59pm Jan 28, 2019 3:59pm
Thanks and will find out.
32 traders viewing now