Trading Made Simple | Page 4798 | 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

  • #95,941
  • May 27, 2019 12:44am May 27, 2019 12:44am
Took an buy entry on USDJPY, 4H timeframe at 12:35A (CST). Pretty sure its a good entry according to this system but wanted to post for review. Appreciate all thoughts and critiques.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 20 KB
Still learning.
  • #95,942
  • Edited 2:23am May 27, 2019 2:00am | Edited 2:23am
DE30 May 27 H4 TDI bounce in 20 seconds


Attached Image (click to enlarge)
Click to Enlarge Name: DE30 May 27 H4 TDI bounce.png Size: 68 KB


Edit: Update chart after the bounce

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 May 27 H4 TDI bounce update 1521.png Size: 66 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,943
  • May 27, 2019 2:06am May 27, 2019 2:06am
Quoting Apollo-FX
Took an buy entry on USDJPY, 4H timeframe at 12:35A (CST). Pretty sure its a good entry according to this system but wanted to post for review. Appreciate all thoughts and critiques. {image}
I see last week's low as support and today also is week's low. Manage for some pips.
When this swing ends, we look for the swing high for this week 22 and look for sell to follow the Weekly.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY May 27 BPP 27-05-2019 15-02-08.png Size: 41 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,944
  • May 27, 2019 2:30am May 27, 2019 2:30am
Quoting emmanuel7788
{quote} @Tekkies you deleted your post because you realized you made mistakes in those trades. when you make mistakes admit them so that those following your post will learn. if you have any integrity left in you, keep it simple, just correct that post and explain the details of those trades and let others read and learn. Now you make another lame excuse using Davit. why quote Davit' Mark Twain etc. He was not referring to me when he made his post. He was referring to you. I did not claim that I am the only one who can trade. Anybody can trade but...
Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Week 21 H1 POMO 25-05-2019 10-30-37.png Size: 97 KB


DE30 Week 22 May 27 PPA as Support and Resistance as seen on H1

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Week 22 May 27 PPA region 27-05-2019 15-25-40.png Size: 57 KB


we have a nice strong FO/LO break today and above current price action is another previous price action region which we can consider as resistance zone.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,945
  • May 27, 2019 2:31am May 27, 2019 2:31am
Quoting Apollo-FX
Took an buy entry on USDJPY, 4H timeframe at 12:35A (CST). Pretty sure its a good entry according to this system but wanted to post for review. Appreciate all thoughts and critiques. {image}
Watch trade, market is going to change direction.
- Late entry on bar 3
- Angle is weak, look like below 2
- Bars small
- No sure if trade is above or below Resistance. (Ask line or Pivot line). Weekly pivot SeaBlue show a Resistance.
- Market is / going into consolidation. Unknowing > how long
- Against the long term trend
- Short term trend can become the new long term trend
- No or very small wicks to look at. Low liquidity?

Not a good entry.
  • #95,946
  • May 27, 2019 3:56am May 27, 2019 3:56am
Quoting emmanuel7788
{quote} I see last week's low as support and today also is week's low. Manage for some pips. When this swing ends, we look for the swing high for this week 22 and look for sell to follow the Weekly. {image}
Hi Emmanuel,
I don't understand the sentence "I see last week's low as support and today also is week's low", can you help me visualize to understand?
Thank you
Son Nguyen
  • #95,947
  • May 27, 2019 4:48am May 27, 2019 4:48am
No what will this mean?
"nice strong FO/LO break today and above current price action is another previous price action region which we can consider as resistance zone."
Goodness, got two price action on one chart. See only one price as the only "thing" that cause action.

Hey Emmanuel, keep it simple, don't over analyze the chart's.
You should try Nick Floder's advice: https://www.learntotradethemarket.com/forex-articles/cure-traders-analysis-paralysis,
------
Follow TDI.
Keep it simple, stick to the rules you have taken from BigE's advice, Follow the them. CJ made / posted a nice little bit of advice: Tweak the rules until you can trust your system.
Don't know if DAX is going anywhere today. It took price to long to move trade's into break-even.
Making the assumption the big boys are accumulating order's before distributions. Layman's terms: Placing a trap for buyers and sellers.
Look up Steve Patt's chart's for more understanding
Attached Image (click to enlarge)
Click to Enlarge Name: slow.PNG Size: 55 KB

Edit: Looking at the chart now. Sell order's against Support. No wonder it looks like price was going nowhere. It is trying to break that Support level at 12054.22
  • #95,948
  • Edited 5:21am May 27, 2019 5:01am | Edited 5:21am
Quoting Tekkies
No what will this mean? "nice strong FO/LO break today and above current price action is another previous price action region which we can consider as resistance zone." Goodness, got two price action on one chart. See only one price as the only "thing" that cause action. Hey Emmanuel, keep it simple, don't over analyze the chart's. You should try Nick Floder's advice: https://www.learntotradethemarket.co...ysis-paralysis,...
Attached Image (click to enlarge)
Click to Enlarge Name: DE30 May 27 Tokyo close hour 27-05-2019 17-22-30.png Size: 79 KB




H4 still have another 1 hour 6 minutes to close.

I trade H4 every 4-hours.



Attached Image (click to enlarge)
Click to Enlarge Name: DE30 May 27 H1 H4 010608 remaining 27-05-2019 17-53-10.png Size: 60 KB




Do Not comment soon. You have no confidence and place your SL to breakeven so quickly...you afraid to lose, right. I am sure if there is no breakevenm, you won't be posting those trades.

Over analysis... . I am a seasoned trader and I know how much analysis I can live with. Practice, practice, practice plus

Post#88935

CONSISTENCY month after month after month .. that matters.

Start counting your CONSISTENCY months ... start with 3 months, then 4 months, then 5 months, ... until your reach 36 months you will mosttlu likely have winning system with an edge.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,949
  • May 27, 2019 5:20am May 27, 2019 5:20am
Quoting emmanuel7788
{quote} I am sure if there is no breakevenm, you won't be posting those trades.
Funny you should mention that Emmanuel.
- Have notice that some days them chart's got orders on when the market has moved them limit order's into profit
-
- Most chart's have no order's and is only about you flapping lips about how you see the chart's. Wonder how many reader's / member's you took down the rabbit hole with that. Come to think of it, you should open a thread where you can sell your chart's predictions.
-----
Can ask you also why aren't you trading with market order's. No need to explain. Limit order's are also good those traders that are unsure about himself or his capability to understand what the chart's are showing.
  • #95,950
  • May 27, 2019 5:31am May 27, 2019 5:31am
Quoting Tekkies
{quote} Funny you should mention that Emmanuel. - Have notice that some days them chart's got orders on when the market has moved them limit order's into profit - - Most chart's have no order's and is only about you flapping lips about how you see the chart's. Wonder how many reader's / member's you took down the rabbit hole with that. Come to think of it, you should open a thread where you can sell your chart's predictions. ----- Can ask you also why aren't you trading with market order's. No need to explain. Limit order's are also good those traders...

@Tekkies

The more you write and post such nonsense you will lose your integrity.

We look for CONSISTENCY ... 36 months . Start counting your CONSISTENCY months ... start with 3 months, then 4 months, then 5 months, ... until your reach 36 months you will most likely have winning system with an edge.

Until then, this same conclusion below.

Too much time is being spent on TDI and Stochastics,
Too little time on Price Action and Support/Resistance.
And no time spend on Money Management, Risk Management for entries and exits, When to Cut-Losses short and How to Let Profits Run.
You need to find your WINNING EDGE and the TDI is not in the winning edge equation.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,951
  • May 27, 2019 5:55am May 27, 2019 5:55am
Quoting emmanuel7788
{quote} a simple trend following strategy/method does not need 100 pages of notes. For those with few years of trading experience trading with indicators, its is just One, Two and Three But when you want to learn EVERYTHING, then it is going to be a lifelong process and you will keep on and on writing your own notes. Mixing strategies...
Dear @emmanuel7788,

thanks.
Q1) 'moved to the Commercial Content forum for obvious reasons'> what was the reasons? I don't see anything there is for sale? It's free?
Q2) what exactly 'Commercial Content forum' I briefly look and find some interesting strategies, they are also free. But why its name is commercial content? Does its because the forum posts/thread there started by brokers or people who are selling products by the same forum ID, but still strategies there is free?
Q3) one is TMS-5, second is C-Harris stochastic strategy. Is there anything else was part of 'blending systems' strategies?

Also, today is a holiday for the US and UK, better to trade our 5-Min GBP/USD setup tomorrow?

Tnx
<3
  • #95,952
  • May 27, 2019 5:59am May 27, 2019 5:59am
Quoting emmanuel7788
***LIVE Trading*** pairs for this month end trading Week 22 May 27 to 31. Note * Today its UK bank and US bank holidays but going to be another good week to trade and look for some Lotto wins. {image} {image} {image} {image} {image}
Hiya @emmanuel7788

In figures quoted the post, you have 1Month+1Week+1Day+4H in the same window. alongside the indicators for each window. Whats that plugins name or how to make that?

Tnx
<3
  • #95,953
  • May 27, 2019 6:02am May 27, 2019 6:02am
Quoting Tekkies
{quote} Funny you should mention that Emmanuel. - Have notice that some days them chart's got orders on when the market has moved them limit order's into profit - - Most chart's have no order's and is only about you flapping lips about how you see the chart's. Wonder how many reader's / member's you took down the rabbit hole with that. Come to think of it, you should open a thread where you can sell your chart's predictions. ----- Can ask you also why aren't you trading with market order's. No need to explain. Limit order's are also good those traders...

@Tekkies

here is another of my chart prediction when a new candle open in all 4 timeframes.

all 4 timeframes PA looks in synergy.

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 M5_M15_H1_H4 1900 27-05-2019 18-59-23.png Size: 75 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,954
  • May 27, 2019 6:15am May 27, 2019 6:15am
Quoting emmanuel7788
DE30 Week 22 May 27 Tokyo session Trade M5 and M15, Follow Post#261 and Post#647 then follow H1 and H4 {image}
Hiya @emmanuel7788

Thanks for M5 chart. Its looks that H1 has the cleanest entry and exit in term of TMS-5 strategy. So does this mean the most successful timeframe for this strategy is H1?

Tnx
<3
  • #95,955
  • May 27, 2019 6:22am May 27, 2019 6:22am
Quoting Apollo-FX
Took an buy entry on USDJPY, 4H timeframe at 12:35A (CST). Pretty sure its a good entry according to this system but wanted to post for review. Appreciate all thoughts and critiques. {image}
I personally don't see a buy signal if your strategy is TMS? What strategy are you using and why do you have two EMA?
<3
  • #95,956
  • May 27, 2019 6:23am May 27, 2019 6:23am
Quoting emmanuel7788
{quote} @Tekkies The more you write and post such nonsense you will lose your integrity. We look for CONSISTENCY ... 36 months . Start counting your CONSISTENCY months ... start with 3 months, then 4 months, then 5 months, ... until your reach 36 months you will most likely have winning system with an edge. Until then, this same conclusion below. Too much time is being spent on TDI and Stochastics, Too little time on Price Action and Support/Resistance. And no time spend on Money Management, Risk Management for entries and exits, When to Cut-Losses...

The market does not care about integrity.
------
You just made my day.
How come you post so many chart's with TDI on them and then you post this: "TDI is not in the winning edge equation"

What a joke. It boggle's the mind.
  • #95,957
  • May 27, 2019 6:23am May 27, 2019 6:23am
Quoting BlondePeach
{quote} Hiya @emmanuel7788 Thanks for M5 chart. Its looks that H1 has the cleanest entry and exit in term of TMS-5 strategy. So does this mean the most successful timeframe for this strategy is H1? Tnx

Hi BP,

do not jump to this conclusion so quickly about the timeframes.

according to our Keep It Simple guru of TDI Green cross Red, you must look at Green cross Red angle 12-2 and 4-6. Guru believes 1 is better than 2, and 5 is better than 4. Between 2 and 4, no trade. Guru forgot that the OP once said 5:45 is very good.

people got confused with all these.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,958
  • May 27, 2019 6:31am May 27, 2019 6:31am
Quoting Tekkies
{quote} The market does not care about integrity. ------ You just made my day. How come you post so many chart's with TDI on them and then you post this: "TDI is not in the winning edge equation" What a joke. It boggle's the mind.

@Tekkies

the joke is on you.

people will look at my charts and they see the price charts above and the technical studies below in 2 sub-windows.

I am sure they will look at both and learn that technical studies uses the price above. technical studies is what technical traders do as their analysis.

After the technical studies, traders still need to consider their Money management strategy when they decide to take a trade or not.

Too much time is being spent on TDI and Stochastics,
Too little time on Price Action and Support/Resistance.
And no time spend on Money Management, Risk Management for entries and exits, When to Cut-Losses short and How to Let Profits Run.
You need to find your WINNING EDGE and the TDI is not in the winning edge equation.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,959
  • May 27, 2019 6:32am May 27, 2019 6:32am
Quoting emmanuel7788
{quote} @Tekkies here is another of my chart prediction when a new candle open in all 4 timeframes. all 4 timeframes PA looks in synergy. {image}
Amazing.
  • #95,960
  • May 27, 2019 6:33am May 27, 2019 6:33am
Quoting emmanuel7788
DE30 May 27 H4 TDI bounce in 20 seconds {image} Edit: Update chart after the bounce {image}
hiya @emmanuel7788
by DE30 do you mean are you trading indices? My interest is only 8-Major magic pairs if this is your answer to my query, appreciate you put your effort on 8-majors, please?

Tnx
<3
181 traders viewing now, 1 is registered:
rogantin