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Trading Made Simple

  • #97,201
  • Jul 17, 2019 8:33am Jul 17, 2019 8:33am
Quoting DrDave
Hey hikaru, when you look at the AUUSD MN,look how long that down trend has been going (my HA candles show ONLY red ones; none blue that you have). Typical runs go 3-8 bars, not 15! So this is a very over extended down trend from "normal". When looking at W1, it also went down for a lot of red bars before making a substantial rally. During that time, the TDI yellow went all the way down to 32! So we see sellers totally swamped buyers. During the rally, TDI yellow only got back up to 43. After that, buyers and sellers have been more balanced, but...
Hi DrDave
Thank for your comment, many things I need to observer and learn. I will try your way to see market in a different view.
Thank you
  • #97,202
  • Jul 17, 2019 9:06am Jul 17, 2019 9:06am
Quoting emmanuel7788
{quote} Hi Hikaru Sorry I don't have time to write long grandmother story now. I am busy now testing my new system to trade E-Mini Futures and will start live trading soon. You don't need to have the same big picture of the market like mine. What you have done so far you is quite good and you only need to follow the same and be consistent in your approach. There are advanced trading stuff which I don't talk about in this thread. Remember this Big E' post pic below, this should serve as reminder to new traders reading this thread. {image} To learn...
Hi Emmanuel,
Thank for your advice.
  • #97,203
  • Jul 17, 2019 1:15pm Jul 17, 2019 1:15pm
Quoting bodal
{quote} Thank you for your answer ! One more question : when you say "allocate $10k per currency pair and the same risk say maximum 30%." , am I to understand that you allocate 3 000 on a global capital of 50 000 , as risk per trading basket , that is 6% but split in how much mini trades with which risk each ? Could you be so kind to take a very educational example of a trade done by you during this semester and explain : - what was your basket of pairs , and why you choose this particular pairs at that time , - the decisions to take this trade...

if you want to learn about the Fozzy-RSI, I posted some links before.

Here is FF, Nov 2006
https://www.forexfactory.com/showthread.php?t=7984

https://www.forexstrategiesresources...-fozzy-method/

http://strategy4forex.com/simple-for...hod-fozzy.html

... there are few more ...

But here is a pdf description of a Fozzy-RSI system.
Attached File(s)
File Type: pdf fozzy ebook.pdf   873 KB | 981 downloads
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #97,204
  • Jul 17, 2019 2:36pm Jul 17, 2019 2:36pm
Quoting hikaru259
{quote} Hi Emmanuel, Thank for your advice.

Hi Hikaru

You better not consider my post as giving advice ... that is rather sensitive to emotional 0ne

Remember what I kept saying about learn EVERYTHING and follow the trading journey of the OP Big E in Forex Factory by reading all his 1488 posts.

But you don't need EVERYTHING to trade and make some money.

What is an important part in his EVERYTHING is Big E was a trader with 10 years trading experience in the US stock market and that he also had 6,000 hours trading forex. He knew how to trade with Craig Harris NFF system is also very important.

Attached Image (click to enlarge)
Click to Enlarge Name: Big E profile EVERYTHING.png Size: 193 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #97,205
  • Jul 18, 2019 9:36am Jul 18, 2019 9:36am
Quoting emmanuel7788
Following Big E's posts on trading the Weekly and Daily chart timeframes and reverting back to the origin Fozzy-RSI has been the best decision in 2007. I only replaced the TDI using RSI(13) with my own Fozzy-RSI and my results from 2018 and 2019 is below.... not a single losing months in 2018 and 2019 6 months consistent wins and July so far only 10 trading days hit 25%. {image} Big E ' post on: Weekly trade examples #700 https://www.forexfactory.com/showthr...00#post4582200 #1967 https://www.forexfactory.com/showthr...07#post4605507...
Congratulations on your results! Very good work. I am attonished! Thanks for sharing.
  • #97,206
  • Edited 9:03am Jul 19, 2019 4:30am | Edited 9:03am
My TMS performance over the past 3 weeks. I'm using my own MEME trade manager with HA and TDI entry confirmation.
Edit: Not TMS but also using daily TMA centred bands on H1 time frame and trading away from extremes.

Attached Image (click to enlarge)
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  • #97,207
  • Jul 19, 2019 11:36am Jul 19, 2019 11:36am
Were you guys trading EURUSD today? m30 was next to sell after its rally, so I entered a little early on m5, willing to take some drawdown as m15 might go up on m5's rally. You can see on the m30 the entry and exit. As I was watching m5 return down and preparing to sell m30, price shot down on m5. You can see why on the USD index. Can you say G-A-P? LOL

This also put all the charts in red bars, so we start the cycling back at m1 again.

Attached Image
To free Gazans of Hamas, use whatever it takes.
  • #97,208
  • Jul 19, 2019 5:42pm Jul 19, 2019 5:42pm
Quoting nigpig
My TMS performance over the past 3 weeks. I'm using my own MEME trade manager with HA and TDI entry confirmation. Edit: Not TMS but also using daily TMA centred bands on H1 time frame and trading away from extremes. {image}

good trading and good results

negative number of pips yet make money Power of trading made more simple MEME with Position Sizing


Attached Image (click to enlarge)
Click to Enlarge Name: nigpig MEME 19-07-2019 19-52-44.png Size: 229 KB



its time to deposit more money and trade with bigger amount.
like say $10,000 per currency pair and risk 15% to 30% per pair per basket.
generate good cash flow by combining Lotto model and Insurance model and create your own CashFlow model.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #97,209
  • Jul 19, 2019 5:48pm Jul 19, 2019 5:48pm
Quoting marcara
{quote} Congratulations on your results! Very good work. I am attonished! Thanks for sharing.

it take years of hardwork plus setting SMART targets.

yesterday I close the week with +30% and still have another 8 trading days till month end.... again no loss month.

have you learn what the Lotto model and Insurance model in Risk Management yet?

If not, watch this youtube video and get some idea what you can do with your money.

Inserted Video
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #97,210
  • Jul 22, 2019 4:18am Jul 22, 2019 4:18am
Keep It Simple: Follow Post#261 and Post#647

EURAUD Jul 22 H1 London Open

Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #97,211
  • Jul 22, 2019 7:34am Jul 22, 2019 7:34am
Hi guys,

My apologies if this has been answered, I couldn't find with a thread search.

Are there indicator files in MQL5 format?

Thank you!
  • #97,212
  • Jul 22, 2019 12:08pm Jul 22, 2019 12:08pm
Quoting nigpig
My TMS performance over the past 3 weeks. I'm using my own MEME trade manager with HA and TDI entry confirmation. Edit: Not TMS but also using daily TMA centred bands on H1 time frame and trading away from extremes. {image}
Hi, Can you please explain with examples how you trade, would be very nice
  • #97,213
  • Jul 22, 2019 2:48pm Jul 22, 2019 2:48pm
For this pair, 1.2000 has held strong 6-7 times over the past six weeks. All shorts taken in the channel formed by two dashed lines, plus a 20 pip buffer to the downside will be taken with very small position sizes.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: EURUSDH1a.png Size: 62 KB
Vincit qui se vincit.
  • #97,214
  • Jul 22, 2019 5:01pm Jul 22, 2019 5:01pm
Quoting PiploEscobar
Hi guys, My apologies if this has been answered, I couldn't find with a thread search. Are there indicator files in MQL5 format? Thank you!
Yes, this is one of many FAQs.

All indicator files are available in MT5 see example of a MT5 H6 chart below.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD MT5 chart 23-07-2019 07-52-45.png Size: 41 KB


Do this simple keyword search-

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Click to Enlarge Name: Keyword MT5 search.png Size: 42 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #97,215
  • Jul 22, 2019 11:50pm Jul 22, 2019 11:50pm
EURAUD Jul 23 H1 Frankfurt Open ...

double top with Asian High and jumping in with Stoch(8,3,3) cross and TDI Realtime mode ...

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD Jul 23 H1 FO 23-07-2019 14-43-28.png Size: 37 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #97,216
  • Edited 4:43am Jul 23, 2019 4:29am | Edited 4:43am
You guys trading EURUSD H1 and smaller? This week has been making rallies, som eht rach to H1, then fals down to new lows. Yesterday took 20 pips based on selling m5 and H1 rallies as they cycled up through the charts. Same thing is repeating today (but I was not at the computer to take any trades yet) with the rally now reaching to m30 chart and trying to get to H1.

By the way, volatility is rather low on EURUSD, so it is risky to expect to see a move go 10 pips without a lot of drawdown on the way or to take many hours (First trade lasted almost 5 hours; second trade about 1 hour and 45 minutes). Therefore, instead of trading a single lot and targeting 10 pips, I put on 2 lots and target only 5 pips.
To free Gazans of Hamas, use whatever it takes.
  • #97,217
  • Jul 23, 2019 10:55am Jul 23, 2019 10:55am
Took this short trade USDCAD 4HR.
TDI angle looking good, strong previous candles, Stoch's confirms.
May run into a little congestion so will keep an eye on it.

I welcome any comments/feedback.

Cheers!
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH4.png Size: 35 KB
  • #97,218
  • Jul 23, 2019 1:11pm Jul 23, 2019 1:11pm
Quoting nschwegl
{quote} Hi, Can you please explain with examples how you trade, would be very nice
I will PM you.
  • #97,219
  • Jul 23, 2019 1:37pm Jul 23, 2019 1:37pm
Not one of my best entries recently. Went wrong from the start and I should have not continued. However, I know trade management would help by getting a better average entry price. Eventually, manually closed in profit.-51+258 +532=789pips.
Attached Image (click to enlarge)
Click to Enlarge Name: audusd-h1-fxcm-australia-pty.png Size: 81 KB
  • #97,220
  • Jul 23, 2019 5:17pm Jul 23, 2019 5:17pm
Quoting PiploEscobar
Took this short trade USDCAD 4HR. TDI angle looking good, strong previous candles, Stoch's confirms. May run into a little congestion so will keep an eye on it. I welcome any comments/feedback. Cheers! {image}
Looking at your chart, you entered before that H4 HA candle close and you were picking tops to sell. The PA is still above the 5EMA which is to show its direction.

The TDI angle looks good only after your sell entry

TMS 5-Method Basics by the OP in Post#261. Was there a reversal signal?

Attached Image (click to enlarge)
Click to Enlarge Name: PiploEscobar 24-07-2019 08-06-34.png Size: 172 KB


Good luck with that trade.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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