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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

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Trading Made Simple

  • #99,801
  • Jan 3, 2020 6:25pm Jan 3, 2020 6:25pm
Gold rush... early start in 2020

next week would be no surprises as usual - Greed and Fear dominates the markets


Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD Week 01 Jan 03 closed 04-01-2020 08-20-12.png Size: 59 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,802
  • Jan 3, 2020 6:36pm Jan 3, 2020 6:36pm
Quoting Emma7788-FAN
DAX 30 2019 yearly bar left to us a good Yaerly Inside Bar YIB {image} {file}{file}
that Yearly Inside Bar YIB ... that MOMENTUM High November bar/candle can turn into a "MONTHLY CONTROL CANDLE" YCC ...

I don't worry with any YIB but I look at the next 3 months - January, February and March 2020.

look at the volume of buying and selling in the daily.

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 MN chart Jan 03 close 04-01-2020 08-33-15.png Size: 23 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,803
  • Jan 3, 2020 6:47pm Jan 3, 2020 6:47pm
Quoting Emma7788-FAN
BIG the PLAN FOR Weekly & Daily As you see on Both EURO & GBP VS USD & their crosses {image} {image} EG , EY, GC & GJ {image} {image} GBP CROSSES {image} {image} TMS 2020 BIG PLAN

Do you have a trade plan 2020 for these 3 pairs - GBPUSD, EURUSD and EURGBP?

Stay away from trading these timeframes H4, H1 and below and your chances to survive 2020 would be much better.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,804
  • Jan 3, 2020 7:30pm Jan 3, 2020 7:30pm
Trade Planning for 2020 ... swing trading the Daily and Weekly chart timeframes

what is EASY - Post#261

The TDI momentum is the heart of our method. It tells you when to enter and where to exit any trades... so review previous posts and learn it good.

HA Candles are important because it makes your trading way less stressful... use them.

Stoch's is nothing but confirmation. If Stoch's & the TDI give different signals... lights flash off and on warning me to take a closer look before entering.. and usually I look for another trade.

5 ema... shows direction currently... only wanting to enter on candle 1 or two. If there is a reversal do I have a TDI signal to enter... if not and all looks strong then enter on candle 2... use some discretion... practice on Demo... take some chances and see if yor head computer was right... it's free.

HA Candles... What are their size? If they are small I will usually go find another set up... Look for consolidation... look for how close PA is to supp/res levels... use your brain !

Believe it or not you have to participate and think... until it's so second nature... there is nothing to it... it's so simple... don't complicate it or you will lose...





what is not EASY - Post #647

Your safest trades will always be when green crosses red and you enter on candle 1 or 2... odds are in your favor. Why? Because I'm expecting 3-8 candles... which is average...

With bounce trades the odds are lower for your success... but it still works.

When wanting to enter a TDI momentum trade... take a moment first to observe basic 4x things... like:

How close am I to the previous high or lo swing high / swing low

Am I in an uptrend or downtrend.. short & long term... Monthly / Weekly / Daily

Am I in or close to a consolidation area Price Action

Are the previous candles small... Volatility .... ATR

Look at the candles on the last reversal... big, little, what.... Price Action

How does the momentum look right now (12-2, 4-6) Price Action

Does Stoch's confirm the TDI signal ... both indicators shows momentum... look at the Price Action

Sounds like a lot of stuff but it's basic stuff and only takes a moment to observe it...


more.../
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,805
  • Jan 6, 2020 5:44pm Jan 6, 2020 5:44pm
2020 January to December

Will be watching the Commodity markets closely this year when trading these pairs AUD, CAD and NZD.

AUDUSD
USDCAD
NZDUSD

EURAUD
EURCAD
EURNZD

GBPAUD
GBPCAD
GBPNZD

Catch the bigger swings (waves) and avoid narrow ranged market type conditions. ... ride the waves.
Use %Risk and Positions Sizing,
maintain a healthy account balance / equity and survive the Perfect Storm 2020.
Attached Image
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,806
  • Jan 6, 2020 5:53pm Jan 6, 2020 5:53pm
Quoting eelfranz
I prefer to trade the 4hr charts at night. My broker posts new 4 hr candles at 10pm my time (Pacific), 2am my time and 6am my time. My page when I open up my charts has 8 open charts. I just glance at the TDI for set ups when the new candle opens... If I see a set up... green just crossing red I'll take the trade, turn off the puter and go to bed. Four hours later (1:50am) my alarm goes off for the new candles and I take a peek... if I see a new set up I'll enter and go back to...
the OP "..I prefer to trade the 4hr charts at night. My broker posts new 4 hr candles at 10pm my time (Pacific), 2am my time and 6am my time."
...
There are enough set ups in a normal week to make 200-500 pips

that was in 2009, 2010 and 2011 ...

but today,

when trading the 4hr charts in 2020,

do not expect make 200-500 pips. ... like the good old days when the OP was trading.

WHY?

EURUSD Weekly ATR 2008 till 2019

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Weekly ATR52 2006 till 2019.png Size: 38 KB


GBPUSD Weekly ATR 2008 till 2019

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD W1 ATR52 2006 to 2019.png Size: 37 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,807
  • Jan 6, 2020 7:29pm Jan 6, 2020 7:29pm
Hello people. Back to say hello and see how everyone was doing. Still to this day I do not understand how

people do not know how to profit off this system. Been browsing comments and I come to the conclusion;

people do not know how to properly follow instructions. I didn't come back to criticize anyone, but I think

people need to honestly look CLOSELY at what Big E said and what he SHOWED you. I've made more than

enough money off this system over the past couple years and wish everyone else could grasp it also. Some

do, most don't. Although I appreciate Big E greatly, I incorporated his system with knowing price action

well. Do yourselves a favor, LOOK SPECIFICALLY at his examples well. UNDERSTAND his words clearly. STUDY

it HARD if you cannot grasp it. It took me a decent amount of time to fully understand what he was SAYING

and SHOWING. EXAMINE THE DETAILS!

Best Regards, Phil
Make it as perfect as you can....
  • #99,808
  • Jan 6, 2020 7:42pm Jan 6, 2020 7:42pm
A couple great tips maybe a few of you are missing with his system. According to price action,
trade with the obvious trend(bounce tdi) is great for trends, if market is ranging; look at the tops and bottoms of the levels. Strong heiken ashi with tdi cross/stochastics confirmation, allows you to trade the range.Know exactly what a clean looking chart is. hiekens bouncing all over the place and all different sizes; is a red flag. Heiken charts
allow you to see the cleanness of the market very easily. Understand that.
Make it as perfect as you can....
  • #99,809
  • Jan 6, 2020 7:45pm Jan 6, 2020 7:45pm
Also know what a rounding top and bottom is. Very easy to spot with heiken candles. Shows

possible market direction.
Make it as perfect as you can....
  • #99,810
  • Jan 6, 2020 8:11pm Jan 6, 2020 8:11pm
Can't help myself, another tip for you guys. The 5 MA for his system, make it max thickness if

you can't determine what size candles to trade. Heiken candles almost fully covered by the max

thickness 5ma is a good sign not to trade that candle. Candles breaking out of the max

thickness show more momentum. Heres examples of the 5ma-super thick....THESE ARE NOT TRADE

ENTRIES, only showing you how it makes entry easier. flat markets are very noticeable.
Attached Image (click to enlarge)
Click to Enlarge Name: 5ma-thick.png Size: 126 KB
Make it as perfect as you can....
  • #99,811
  • Jan 7, 2020 2:42am Jan 7, 2020 2:42am
EURGBP ... Price Action, price action, price action ....

H4 Master Candle consolidation breakout potential....

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP Jan 07 M15 REVERSAL candle MC3 07-01-2020 16-35-09.png Size: 98 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,812
  • Edited 4:40am Jan 7, 2020 3:06am | Edited 4:40am
Quoting emmanuel7788
{quote} Traders Dynamic Index Realtime: Hi ALL, Use this TDI Realtime attached and you will not see the problem with repainting in real time. See the chart below comparing both TDI Red Green and TDI RT capture over a period of time without refreshing the chart. Good Trading this week, harvest the pips with multiple Rs and positive R:R. {file} {image}
Hi, Emmanuel , I am new to FF , possible to get the realtime TDI from you ? Is this the realtime TDI you are currently using ? Correct me if i am wrong ? Thanks in advance
  • #99,813
  • Jan 7, 2020 3:10am Jan 7, 2020 3:10am
Quoting philstodd
Can't help myself, another tip for you guys. The 5 MA for his system, make it max thickness if you can't determine what size candles to trade. Heiken candles almost fully covered by the max thickness 5ma is a good sign not to trade that candle. Candles breaking out of the max thickness show more momentum. Heres examples of the 5ma-super thick....THESE ARE NOT TRADE ENTRIES, only showing you how it makes entry easier. flat markets are very noticeable.{image}
Correct me if I 'm wrong.

Your 5MA is not the same what the OP used ... his 5-Method is a 5EMA, Typical Price, Shift+3 .

The MA line thickness is nice idea visually but how many pips is that line thickness? small HA candles body on H1 is quite different compared with the same line thickness for example on a M15 HA candles.

An alternative would be to set an envelope (channel) on the 5MA using for example 25points (2.5 pips) above and below the 5MA.
This way, the 'channel' of 5 pips is consistent in all timeframes.
See example below:
Attached Image (click to enlarge)
Click to Enlarge Name: 5MA with 25points envelope.png Size: 68 KB


The same 5 pips channel applied to the 5EMA Typical Price, Shift+3.

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP Jan 07 M15 channel breakout 07-01-2020 17-12-34.png Size: 67 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,814
  • Jan 7, 2020 11:52am Jan 7, 2020 11:52am
Quoting emmanuel7788
{quote} Correct me if I 'm wrong. Your 5MA is not the same what the OP used ... his 5-Method is a 5EMA, Typical Price, Shift+3 . The MA line thickness is nice idea visually but how many pips is that line thickness? small HA candles body on H1 is quite different compared with the same line thickness for example on a M15 HA candles. An alternative would be to set an envelope (channel) on the 5MA using for example 25points (2.5 pips) above and below the 5MA. This way, the 'channel' of 5 pips is consistent in all timeframes. See example below: {image}...
I've seen your method on here before Emanuel and I am confident you know how to trade it. I just tweaked the big e's method to fit a bit to my liking. Pretty much the same. That channel would confuse me a bit because I am used to Candle size to the one ema instead of channels. Either way if you understand the main Concepts I believe that could work. It seems it works for you. Cheers.
Make it as perfect as you can....
  • #99,815
  • Jan 7, 2020 3:19pm Jan 7, 2020 3:19pm
Quoting philstodd
{quote} I've seen your method on here before Emanuel and I am confident you know how to trade it. I just tweaked the big e's method to fit a bit to my liking. Pretty much the same. That channel would confuse me a bit because I am used to Candle size to the one ema instead of channels. Either way if you understand the main Concepts I believe that could work. It seems it works for you. Cheers.
The channel is actually a better implementation than the EMA width. The channel is also more in line with Dean Malone's channel in the Synergy system.
To free Gazans of Hamas, use whatever it takes.
  • #99,816
  • Jan 7, 2020 5:12pm Jan 7, 2020 5:12pm
Quoting Loker921
{quote} Hi, Emmanuel , I am new to FF , possible to get the realtime TDI from you ? Is this the realtime TDI you are currently using ? Correct me if i am wrong ? Thanks in advance

Hi Loker

The TDI RT is a realtime version which updates on every price tick. This is the reason why we must wait for the price bar/HA candle to close to confirm a trade setup and signal.

The indicator is in that post#17,848 which you quoted

Trade well and trade safe
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,817
  • Jan 7, 2020 5:26pm Jan 7, 2020 5:26pm
Quoting emmanuel7788
Gold rush... early start in 2020 next week would be no surprises as usual - Greed and Fear dominates the markets {image}
XAUUSD Jan 08 Daily open

and the bulls stampede continues ... wait for a *momentum high*



Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD Jan 08 rally 08-01-2020 07-23-10.png Size: 53 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,818
  • Jan 7, 2020 5:34pm Jan 7, 2020 5:34pm
USDCAD Jan 08 Daily

Daily Master Candle example

Daily big candle follow with 3 ~ 4 small candles... SIDEWAYS market type condition , I stay out of this pair until ....

use my trading capital to trade other better pairs.


Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Jan 08 Daily master candle 08-01-2020 07-31-22.png Size: 55 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,819
  • Jan 7, 2020 10:46pm Jan 7, 2020 10:46pm
Quoting emmanuel7788
{quote} Hi Loker The TDI RT is a realtime version which updates on every price tick. This is the reason why we must wait for the price bar/HA candle to close to confirm a trade setup and signal. The indicator is in that post#17,848 which you quoted Trade well and trade safe
Thank you and have a nice day
  • #99,820
  • Jan 9, 2020 8:31am Jan 9, 2020 8:31am
Quoting only20gp
didn't think this thread was still alive, wow, takes me back to when I started. made some good pips back then. if there are any price action traders in this thread, check out my video, still simple trading but more of price action https://www.youtube.com/watch?v=3G7E...ature=youtu.be

Just subscribed to your channel. First video was great please keep them coming
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