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Trading Made Simple

  • #95,321
  • Apr 18, 2019 6:51am Apr 18, 2019 6:51am
Quoting hikaru259
{quote} Hi Emmanuel, Could you please tell me the reason why you choose UJ among: UJ, EJ, AJ, GJ? Thank you.
I have also AJ and EJ trades closed with profits so I look for UJ trade opportunities ahead of next weeks BoJ announcement. Maybe I catch another big Lotto model win next week for this 2nd quarter.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,322
  • Apr 18, 2019 6:56am Apr 18, 2019 6:56am
Quoting emmanuel7788
{quote} I have also AJ and EJ trades closed with profits so I look for UJ trade opportunities ahead of next weeks BoJ announcement. Maybe I catch another big Lotto model win next week for this 2nd quarter.
Thank you, and I saw you mention about lotto model in some previous posts, so what is lotto model?
  • #95,323
  • Apr 18, 2019 7:02am Apr 18, 2019 7:02am
Quoting hikaru259
{quote} Thank you, and I saw you mention about lotto model in some previous posts, so what is lotto model?
What are Lotto model and Insurance model?

watch this video:
https://www.forexfactory.com/showthr...9#post11510069

Post #91063
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,324
  • Apr 18, 2019 10:19am Apr 18, 2019 10:19am
USDCAD 1h wide range trade
- TDI cross nice angle 5h
- Bearish engulf pattern on H1
- Close to resistance of H4 range
- Stoch angel confirmed + go down from 80 zone
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  • #95,325
  • Apr 18, 2019 10:26am Apr 18, 2019 10:26am
Quoting emmanuel7788
{quote} What are Lotto model and Insurance model? watch this video: https://www.forexfactory.com/showthr...9#post11510069 Post #91063
Thank you for sharing, it sound interesting, I will read and try in my demo.
  • #95,326
  • Apr 18, 2019 2:39pm Apr 18, 2019 2:39pm
Quoting hikaru259
{quote} Thank you for sharing, it sound interesting, I will read and try in my demo.
study those two models and do not use martingale as suggested in that video.

also study this thread's OP money management.
work on your own MM based on your financial goals and your risk appetite.
I don't risk 15-30% of each $10,000 per currency pair I chose to trade.

rather you create your own CashFlow™ model which will generate an average amount of cash income for your every week consistently over a period of minimum 36 months. Do not look for short term gains, rather look for consistency build over time. Set SMART™ goals.


Post#557
https://www.forexfactory.com/showthr...34#post4580234
<>
The money I put into my last trading account ($10,000) I don't even think about it. It's like the money you take to Las Vegas. You hope to win but don't often... Your taking money for entertainment and relaxation... So I don't give it a second thought... It's entertainment money as I said... Besides It always grows larger...
<>

Post#2177
https://www.forexfactory.com/showthr...60#post4609460
<>
I've never used money management rules like most people use it... 2-3% on a trade... never seemed to fit my personality and I'm sure it's frustrated more than a few of you out in Forex Land...

Most of my trades use from 15-30% of my account... why? That's where I feel most comfortable trading.... and why one of MY PERSONAL RULES is to exit the trade at the 12-15 pip pullback region... Regardless of the time frame... It's always worked for me... and made me pips...

I take the best trade set ups... I got the patience of Job and Moses...
<>

Most important is that you enjoy what you do while you are learning. Learn EVERYTHING but you don't need EVERYTHING to make money.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,327
  • Apr 18, 2019 2:45pm Apr 18, 2019 2:45pm
Quoting hikaru259
{quote} Thank you, and I saw you mention about lotto model in some previous posts, so what is lotto model?

DE30 Week 16 trades closed Apr 18.

This week no major event so no lotto wins but consistent profits trading once every 4 hours and/or when I have the time to check my trading computer.

Not bad weekly cash-flow income this week for short 4 days work-at-home.

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Week 16 trades closed 19-04-2019 03-24-38.png Size: 50 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,328
  • Apr 18, 2019 2:57pm Apr 18, 2019 2:57pm
17 lots.WOWZER!!!
NICE WORK!
  • #95,329
  • Apr 18, 2019 3:12pm Apr 18, 2019 3:12pm
Quoting Frank08NJ
17 lots.WOWZER!!! NICE WORK!

that's all my risk appetite can afford this week. margin per trade is $1,166... only.

some0ne here traded 100 lots ...very impressive... LOL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,330
  • Apr 18, 2019 4:27pm Apr 18, 2019 4:27pm
Quoting Frank08NJ
17 lots.WOWZER!!! NICE WORK!
But it is equal to 1,7 lots on currency crosses where 1 lot is worth 10 usd per 1 pip.
  • #95,331
  • Apr 18, 2019 7:32pm Apr 18, 2019 7:32pm
Quoting iwan73
{quote} But it is equal to 1,7 lots on currency crosses where 1 lot is worth 10 usd per 1 pip.



and the OP Big E was trading 2 to 4 standard lots on his 8 currency pairs.

I split mine into smaller lots per position in one basket of maximum 5 positions/basket.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,332
  • Apr 18, 2019 7:34pm Apr 18, 2019 7:34pm
Its super long weekend and most major markets are closed.

it will be low liquidity and smart money at work.

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resume trading only on Tuesday Apr 23.

Have a good weekend.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,333
  • Apr 19, 2019 6:03am Apr 19, 2019 6:03am
Hi Emmanuel,
I got stuck with settings for TDI in forextester3, I want to replicate your TDI setting for training. So can you help me?
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  • #95,334
  • Apr 19, 2019 7:38am Apr 19, 2019 7:38am
Quoting hikaru259
Hi Emmanuel, I got stuck with settings for TDI in forextester3, I want to replicate your TDI setting for training. So can you help me? {image}
There are 3 different modes how the TDI can be use. In this Post#24705, there is a pdf description of the TDI parameters by Dean Malone the creator of the TDI which explains all the various setting combinations possible..
https://www.forexfactory.com/showthr...36#post6946036

Big E used the scalper mode (aggressive)

Attached Image


The Synergy_Pro_TDI setting are below:

Attached Image (click to enlarge)
Click to Enlarge Name: TDI setting for Synergy Pro TDI.png Size: 16 KB


Note the Volatility band is set to period 34 with the upper and lower bands displacements +/- 1.6185.

When you set your RSI price Line to Typical Price value 5 and you look at the price action, this setting works better than the older version in Post#25. The angle of the RSI price line is less important.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,335
  • Apr 19, 2019 1:13pm Apr 19, 2019 1:13pm
Quoting amiralifx
{quote} why dont it for me?
hi mr. amirali

If possible, introduce a communication link. I had some questions. Thankful
If possible, introduce a communication link. I had some questions. Thankful
  • #95,336
  • Apr 19, 2019 4:30pm Apr 19, 2019 4:30pm
Quoting emmanuel7788
USDJPY Apr 18 H4 Tokyo +2 This morning's Japan PMI data release did not impress and that did not move the market today. so the waiting continues until ... I don't know when... maybe when NY session data later. the last H4 RSI price line did not show the angle I always want to trade. {image} still not out of the woods yet... and now we see a H4 Master Candle ... consolidation range high-low. Post#647 warns us to look for consolidation and not to trade when PA is in consolidation. Do you have this rule? But Post3647 did not say you cannot trade H1...
Also watching this pair.
Attached Image (click to enlarge)
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Vincit qui se vincit.
  • #95,337
  • Apr 19, 2019 7:26pm Apr 19, 2019 7:26pm
Hi emmanuel thanks for all the helpful information. Regarding the real time TDI do you personally use that? And why do you recommend that version vs OPs original #25 TDI

What seems to work for me is when I’m in the trade the moment I see it hook I just exit and keep profits also I move my stoploss to break even and move up in increments when in profit. Any tips ideas?



Quoting emmanuel7788
{quote} be very careful with that Post#7612, that green line in that post chart is not what we would see in live market when we use the TDI Red Green version Post#25. The 'like a worm' nonsense here. that Post#7612 rule only apply using the TDI Realtime version. TDI Realtime version download [here]....
  • #95,338
  • Apr 19, 2019 7:30pm Apr 19, 2019 7:30pm
Quoting emmanuel7788
{quote} Post#2617 replay for you: <> Alright all you party animals trying to recover from last night... or longer... Last couple of pages has covered many different topics... well, touched base anyway.... 2scoops... on post 2594... 2scoops asked me a long time ago what would be the most beneficial to learning this method for higher success... The answer was simple... study old charts for set ups... now strip down everything on that chart at that point... trends,...
Thank you emmanual778. I will read through and practice.. practice and practice
  • #95,339
  • Apr 20, 2019 3:20am Apr 20, 2019 3:20am
Hi emmanuel7788, thanks for the continuous work on the trading system and sharing of ur insight.
  • #95,340
  • Apr 21, 2019 4:50am Apr 21, 2019 4:50am
Quoting emmanuel7788
{quote} But do you know that those two famous pdfs are not complete? Do you know that this new member has been to the old thread title Craig Harris Stochastics Method which started as GBP/USD M15? Better for every newcomer to this thread to read starting at Post#1 till Post#12,912 which is the OP' last post. OR this below: As a first time visitor, you must first learn the OP' TMS 5-Method and master that. Introduction to Trading Made System To learn what Trading Made Simple is, you have to follow the trading journey of the OP eelfranz aka Big E....
Thank you for taking the time to find this excellent information. It really makes for great reading. There is a wealth of good knowledge and experience here.

We need an archivist or historian to collate all the best sources!
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