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Trading Made Simple

  • #99,761
  • Dec 16, 2019 5:29am Dec 16, 2019 5:29am
Quoting emmanuel7788
{quote} when you use the TDI_pro setting, the angle 12-2 and 4-6 will not work and you need to look more at the price bar and HA candle for it price action and use the Stoch cross and it angle 12-2 and 4-6 for the REVERSAL candle set up confirmation. The 12-2 and 4-6 angle was originally used in the old thread with the Stochastics. Big E used the same angle on his his TDI Post#25 and double confirmation. AUDUSD Dec 16 M15 below, {image}
Thank you for the post emm, it really helps.. thx..
  • #99,762
  • Dec 16, 2019 6:38am Dec 16, 2019 6:38am
Quoting emmanuel7788
{quote} GBPUSD Dec 12 Tokyo Session Closed one batch and banked in some money. Now open a new basket ... and wait for the elections .. {image} It is #TradingMadeSimpleEvolution ... trading is simple and made easy .
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Dec 12 W1 trades update TOK 12-12-2019 08-33-05.png Size: 65 KB


GBPUSD Weekly trade update:

Closed last week' trades now with 4 open positions floating ...

Last week'profit +$4,984 total 2151 pips

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Dec 16 Weekly trades update preNYO 16-12-2019 20-33-46.png Size: 59 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,763
  • Dec 16, 2019 6:43am Dec 16, 2019 6:43am
DE30 Dec 16

This morning' Tokyo Open

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Dec 16 Tokyo Open 16-12-2019 08-01-05.png Size: 87 KB


Now H4 is a good set-up with both H1 and M15 PA above their 5EMA.

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Dec 16 H4 good setup 16-12-2019 20-41-33.png Size: 69 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,764
  • Dec 16, 2019 6:58am Dec 16, 2019 6:58am
Quoting emmanuel7788
DE30 Dec 16 This morning' Tokyo Open {image} Now H4 is a good set-up with both H1 and M15 PA above their 5EMA. {image}

Hello, I'm new here and found your posts interesting, do you base yourself on the weekly direction and analyze h4 and h1 for entries?
  • #99,765
  • Dec 16, 2019 9:30pm Dec 16, 2019 9:30pm
AU M15, taken at H4 WRB low and recent swing high as support..
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  • #99,766
  • Dec 17, 2019 6:17am Dec 17, 2019 6:17am
EURJPY H4 POP Gun setup ... EXAMPLE

study old charts and learn a few price action patterns and trade the 5-Method.

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY Dec 17 H4 Pop Gun in M15 17-12-2019 18-00-18.png Size: 77 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,767
  • Dec 17, 2019 6:25am Dec 17, 2019 6:25am
Quoting emmanuel7788
EURJPY H4 POP Gun setup ... EXAMPLE study old charts and learn a few price action patterns and trade the 5-Method. {image}

Hello.

Tip is always follow the direction H4 and M15?
  • #99,768
  • Edited 6:40am Dec 17, 2019 6:30am | Edited 6:40am
Quoting wendvieira
{quote} Hello, I'm new here and found your posts interesting, do you base yourself on the weekly direction and analyze h4 and h1 for entries?
Quoting wendvieira
{quote} Hello. Tip is always follow the direction H4 and M15?

Hi

I do my weekly top down analysis every weekend after Friday New York closed.
I update my Monthly swing levels when there is s MN close.
I would update my Weekly swing levels every week when I see new ones

The Weekly will show me what the market type conditions were and use this to decide to trade and make a trade plan.

Example EURJPY Big Picture below:

Looking at Weekly after last Week close, I see a bullish price action but there is a 50EMA above where it will has effect this week in the lower timeframes.

Look at Daily, the price action and the HA candles are above its 5EMA, these conditions are clear and I would not sell this week.

This is when I would be looking to trade H4 swing and there was good opportunity to buy. Look at the price action and the HA candles, they are above its 10EMA... support.

I learned the use of the 10EMA/50EMA and 200EMA from these top TMS traders here in Forex Factory ... Loveevery1 aka LE1 and X-Man and Mehdi343.

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY Dec 17 Big Picture 17-12-2019 20-23-59.png Size: 49 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,769
  • Dec 17, 2019 6:37am Dec 17, 2019 6:37am
Quoting emmanuel7788
{quote} {quote} Hi I do my weekly top down analysis every weekend after Friday New York closed. I update my Monthly swing levels when there is s MN close. I would update my Weekly swing levels every week when I see new ones The Weekly will show me what the market type conditions were and use this to decide to trade and make a trade plan. Example EURJPY Big Picture below: Looking at Weekly after last Week close, I see a bullish price action but there is a 50EMA above where it will has effect this week in the lower timeframes. Look at Daily, the price...
Very good your view of the market.
Can you make this mini charts indicator and template available? Thank you.

https://prnt.sc/qc0zpn
  • #99,770
  • Dec 17, 2019 6:43am Dec 17, 2019 6:43am
Quoting emmanuel7788
DE30 Dec 16 This morning' Tokyo Open {image} Now H4 is a good set-up with both H1 and M15 PA above their 5EMA. {image}

DE30 Dec 17

This morning' Tokyo Open

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Dec 17 Tokyo Open 17-12-2019 08-20-04.png Size: 87 KB


current situation 30 mins before New York Opens

reaction at a MN swing level 13280.7...

look at M15, would you buy against the H1 and H4?

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Dec 17 M15 H1 H4 pre-NYO 17-12-2019 20-39-16.png Size: 69 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,771
  • Dec 17, 2019 6:48am Dec 17, 2019 6:48am
Quoting emmanuel7788
{quote} DE30 Dec 17 This morning' Tokyo Open {image} current situation 30 mins before New York Opens reaction at a MN swing level 13280.7... look at M15, would you buy against the H1 and H4? {image}


H4 coming from the top very strong to fall more, would not buy, would wait a little more confirmations.

M15 with stochastic on top, will fall.
  • #99,772
  • Dec 17, 2019 6:59am Dec 17, 2019 6:59am
Quoting xthegypsyx
Hi All First post here, Looking to get back into trading. Did it for a bit years ago when I was young and dumb, learnt and forgot a lot, now I'm looking to cut right back to basics and focus on 1 thing not 20 like I used to. I've been reading and demoing slowly. Using Trading sims to trade back from the start of 2019 with mixed success. I think I'm slowly starting to identify why half my bad trades are happening. I was mainly just trading with the signals and not taking into account PA. I remember a little about PA from years ago but I have a lot...

very good trade...

your thought process is very good and many can learn from. I think you know Post#261 well to be able to trade like this.

going dancing with your daughter and make money trading spot forex... reminds me of Nicolas Darvas ...

https://en.wikipedia.org/wiki/Nicolas_Darvas
Nicolas Darvas was a dancer, self-taught investor and author. He is best known for his book, "How I Made $2,000,000 in the Stock Market".
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,773
  • Dec 17, 2019 7:04am Dec 17, 2019 7:04am
Quoting wendvieira
{quote} H4 coming from the top very strong to fall more, would not buy, would wait a little more confirmations. M15 with stochastic on top, will fall.

well you can go short on M15 when NYOpen
Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Dec 17 M15 NYO 17-12-2019 21-02-28.png Size: 31 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,774
  • Dec 17, 2019 7:12am Dec 17, 2019 7:12am
Quoting wendvieira
{quote} H4 coming from the top very strong to fall more, would not buy, would wait a little more confirmations. M15 with stochastic on top, will fall.
The DE30 H8 is down, creating short-term bearish bias. There needs to be timeframes closer to H8 that are back up and demonstrating bullish movement before buying up continuations is favorable: Up swings have only reached through to m30.
To free Gazans of Hamas, use whatever it takes.
  • #99,775
  • Dec 17, 2019 7:42am Dec 17, 2019 7:42am
Quoting emmanuel7788
{quote} DE30 Dec 17 This morning' Tokyo Open {image} current situation 30 mins before New York Opens reaction at a MN swing level 13280.7... look at M15, would you buy against the H1 and H4? {image}
haha... Thank you for the post emm..

I just realised that the my AU M15 trade is so against the odds... When i look again at D1, H4, H1 charts, that AU M15 trade is totally different with your post 99171, and my CJ post 99252.... haha... thx
  • #99,776
  • Dec 17, 2019 8:08am Dec 17, 2019 8:08am
Quoting emmanuel7788
{quote} well you can go short on M15 when NYOpen {image}
How many shorted DE30 at NY open? If you shorted, how is it working out for you? My comment about the up move progressing through M30 was a HINT that M15 is the wrong chart to have in focus.
To free Gazans of Hamas, use whatever it takes.
  • #99,777
  • Dec 17, 2019 6:28pm Dec 17, 2019 6:28pm
Quoting emmanuel7788
{quote} well you can go short on M15 when NYOpen {image}
Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Dec 17 M15 NYO 17-12-2019 21-02-28.png Size: 31 KB


few hours later,... and ran into the European sessions closed and it is usual quite.

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Dec 18 M15 setup reversal candle AFTER 18-12-2019 08-24-30.png Size: 47 KB


did you make a few pips? like 10 pips?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,778
  • Dec 17, 2019 6:31pm Dec 17, 2019 6:31pm
DE30 Dec 18 Tokyo Open ... its New York 7.30PM now,


Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Dec 18 Big Picture Tokyo Open 18-12-2019 08-17-52.png Size: 87 KB


I would be selling seeing the H4 now and target 13220.0 as my TP. Still too early for some on Daily.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,779
  • Dec 17, 2019 6:39pm Dec 17, 2019 6:39pm
Quoting moRTaL
{quote} haha... Thank you for the post emm.. I just realised that the my AU M15 trade is so against the odds... When i look again at D1, H4, H1 charts, that AU M15 trade is totally different with your post 99171, and my CJ post 99252.... haha... thx

you see that D1 Inside Bar Monday Dec 16 close?

that is the pause in the market and the opportunity can be break High or break Low...

it follow H4 and broke low.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Dec 18 D1 IB POMO 18-12-2019 08-34-49.png Size: 56 KB


Simple rule:
1) start the week look at Weekly
2) start the day look at Daily
3) ...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,780
  • Dec 17, 2019 6:45pm Dec 17, 2019 6:45pm
Quoting wendvieira
{quote} Very good your view of the market. Can you make this mini charts indicator and template available? Thank you. https://prnt.sc/qc0zpn

Here a few simple tools I use,

TMS Monitor

Pipware multi-charts

lookup these posts below.

Post#193 for the TMS Monitor tool

and

Post#76,270 for the pipware tool


setup your charts with those simple tools the way you want to see them and use them. save them as your own templates.

most important is you know the 5-Method and how to trade the 5-Method.

make sure you read those threads for more information how to set up the indicator (pipware) and the expert advisor(TMS Monitor).
if you have questions, post and ask in those threads and I'll try find time and help there.

Be warned: The TMS Monitor is an expert advisor and can be very CPU intensive if you select all pairs in the input parameter.
For optimum performance, I have only up to 20 pairs.
You should consider to select only the pairs you trade and input their symbol in the parameter.

Enjoy!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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