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Trading Made Simple

  • #101,801
  • Mar 23, 2020 11:12am Mar 23, 2020 11:12am
after exiting with -60 pips

i reenter for buying usdjpy @ 110.850

tp1 hits with +57 pips


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  • #101,802
  • Mar 23, 2020 11:24am Mar 23, 2020 11:24am
Quoting foxali300
amiralifx hello dear can help about tdi Indicator
Hi dear friend
how can I help you?
  • #101,803
  • Mar 23, 2020 11:25am Mar 23, 2020 11:25am
Plenty of pips on small timeframes.
GBPUSD M2.
Continuation sell when the middle MA turns purple (down).
Had to wait through a bit of a retracement before 10 pips hit at the green vertical.
Attached Image
To free Gazans of Hamas, use whatever it takes.
  • #101,804
  • Mar 23, 2020 12:17pm Mar 23, 2020 12:17pm
Quoting DrDave
Plenty of pips on small timeframes. GBPUSD M2. Continuation sell when the middle MA turns purple (down). Had to wait through a bit of a retracement before 10 pips hit at the green vertical. {image}
Plenty of pips every day, everywhere. Now what does that help anyone here? You guys must be very bored to keep posting your meaningless bullshit day in day out here. Now even come out with M2 charts, seriously?
  • #101,805
  • Mar 23, 2020 12:24pm Mar 23, 2020 12:24pm
Quoting lddd
{quote} Plenty of pips every day, everywhere. Now what does that help anyone here? You guys must be very bored to keep posting your meaningless bullshit day in day out here. Now even come out with M2 charts, seriously?
Meaningless for you, perhaps, because thus far, you seem unable to find a profitable approach to trading. But my real account reaps similar pips as the demo account.

Contrary to what many "experts" espouse, money can be made on ANY timeframe, even the "noisy" ones that "can't be traded" below H1.

Perhaps the impossible isn't as hard as you make it to be.
To free Gazans of Hamas, use whatever it takes.
  • #101,806
  • Mar 23, 2020 1:19pm Mar 23, 2020 1:19pm
amiralifx
first thank for reply
Yes I need help about some explained how trading of tdi?!
  • #101,807
  • Mar 23, 2020 2:33pm Mar 23, 2020 2:33pm
Quoting emmanuel7788
hey Tekkies emmanuel7788 You have been proven to be wrong many times over and over again. Stop posting your rubbish bullshit over and over again. Now go back to your basement. it's so simple... don't complicate it or you will lose...
.
To free Gazans of Hamas, use whatever it takes.
  • #101,808
  • Mar 23, 2020 2:45pm Mar 23, 2020 2:45pm
Are you guys not making trading complex? I see a lot of indicators and confusing charts in this 'trading made simple' thread.

I may be wrong. I often am.

KP
Do your homework, follow the footprints of smart money
  • #101,809
  • Edited 3:40pm Mar 23, 2020 3:00pm | Edited 3:40pm
Quoting KeenPips
Are you guys not making trading complex? I see a lot of indicators and confusing charts in this 'trading made simple' thread. I may be wrong. I often am. KP
Well, some posters on here try to make it mysterious.

How complex is looking at three MA lines and making an entry when there is a continuation? The MAs change color when direction changes, so all you have to do is look at the colors, and enter when the correct one(s) change color. A monkey can be trained to do that. (Click the link and watch the monkey trade!)
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AT the close of the week...
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To free Gazans of Hamas, use whatever it takes.
  • #101,810
  • Mar 23, 2020 4:16pm Mar 23, 2020 4:16pm
Quoting KeenPips
Are you guys not making trading complex? I see a lot of indicators and confusing charts in this 'trading made simple' thread. I may be wrong. I often am. KP
Are you complaining about DrDave's chart? Don't worry about him. His trying his best to paint the next Mona Lisa.
  • #101,811
  • Mar 23, 2020 4:20pm Mar 23, 2020 4:20pm
Nope! Look at the several posts on this thread and you will see a lot of confusion; no simplicity, little clarity.

KP

Quoting Tekkies
{quote} Are you complaining about DrDave's chart? Don't worry about him. His trying his best to paint the next Mona Lisa.
Do your homework, follow the footprints of smart money
  • #101,812
  • Mar 23, 2020 4:34pm Mar 23, 2020 4:34pm
Quoting josch
{quote} Never judged 'Pivot Trading' - only mentioned numbers of viewers/members with 'quantity isn't equal to quality'. Would be interesting to hear about Deltaone's opinion between 'Pivot Trading' and the 'TMS' starting after late Eric. josch
since you asked for my opinion, here it is:

Pivot Trading - no te. no live trade calls. only hindsight, demo and soap stories before and after burning accounts. a blind with a gambling addiction leading the blind.
TMS - no te. maybe some live trade calls, but i did not have a closer look to it; much hindsight. nearly 90% of all posts discussing about opīs setup which has been away for a long time. anyhow: itīs a nice place for flaming, kind of ff fight club.
fortis fortuna adiuvat
  • #101,813
  • Mar 23, 2020 7:08pm Mar 23, 2020 7:08pm
Quoting ernieo
When a new candle opens, how long do we hold out determining direction while the RSI is flat?

hi ernieo

welcome back!

it has been more than 2 years since your last post.

how has trading been during this 2 year period?

there is a lot of confusion even during the time when the OP was alive and he was very patient and replied every question asked. Therefore it is very important that you read the thread from Post#1 up to Post12,912. AT some point you will follow his post and go back to his old thread for lots of questions and answers and also back to where the 5-Method started.

to your Question:"When a new candle opens, how long do we hold out determining direction while the RSI is flat?:

Answer: that depends on your individual trading style and your own trading system. There are different entry and exit styles.
The OP has his AGGRESSIVE entry + CONSERVATIVE exit
He also has his other style CONSERVATIVE entry and AGGRESSIVE exit.

My preferred style is CONSERVATIVE entries + CONSERVATIVE exits, with CUT-LOSSES short, LET PROFITS run strategy.

See the OP's Post#7612

when you look at the TDI green line you should also look at the PA using the HA candles. The HA candle body size and its wicks/shadow is how to determine the strength of the real price price OHLC. There are lots of tutorial videos on the Synergy Average Price Bar APB posted by the OP in his old thread. Or you also can study the Heiken Ashi candles and how to use them as one of your trading tool. The 5EMA Typical price, Shift+3 is also one of the tool used on your trading chart to reference the Price Action to its moving average, the 'trick' is in the Shift+3. Something the OP picked up from another system.

Keep on reading, studying and learning ... and one day you will develop your three winning systems that fit you. Why three winning systems? Well you need different system for different market type conditions. We are trading is a new market type during this coronavirus pandemic, there is chaos everywhere everyday, there is lots more volatility, a lot of emotional buying and selling, falling stock prices, opportunistic short-selling, ... but plenty of opportunities for those who are longer term investors looking for value stocks to own at the right price and right time of the market.
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #101,814
  • Mar 23, 2020 7:23pm Mar 23, 2020 7:23pm
Quoting ernieo
{quote} Anyone who's still using the original system. Once the green crosses, and I enter the trade in the following candle, I'm in. If it keeps trending correctly for the next 4 hours, I'll stay in. At that point, a new candle is created, and it doesn't necessarily have an instant direction, and the green will flat line, an exit signal as per BigE. My question is, how long do we wait to see what direction this new 4 hour session is going to trend while the green is flat waiting to make up it's mind before pulling the plug?
hi ernieo

when you asked about the original system, there is none.

Trading Made Simple is not a system until you develop using his 5-Method into your own trading system with your own money management strategies and your own metal strategies.

the 5-Method started in the OP ' old thread.

Post#336

Those wanting more examples go to Forum: Commercial, then Craig Harris Stochastics Method... then start reading on page 246, post 3676 to the end... you will learn more fast... We switched from there to only discuss this method in the new forum...

5-Method and 21/233 Method Post#3018, Post#4104,


in the old thread is his CONSERVATIVE entry using his SET-UP candle with 5EMA. That still work in today's market conditions.
you still need to be able to identify the market consolidation and avoid trading when the market is in consolidation... but you can trade the breakouts of the consolidation.
you also need to identify the market's support & resistance and mitigate your trade risks with proper risk management and trade exit management.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #101,815
  • Mar 23, 2020 9:04pm Mar 23, 2020 9:04pm
TradingMadeSimple 101

Support and Resistance

different traders have different ways how they see support and resistance S&R on their trading charts.
some use CONFLUENCE of various S&R methods, for e.g. moving averages as dynamic S&R, previous price action PPA swing highs/swing lows are also S&R levels/zones, BRN are also seen at S&R where prices may react, trendlines and segment lines , etc.

EURCAD Mar 24 H1 example below:

Using the Daily Open, High, Low and Close is also another way to look at previous price action to identify S&R for today's trading.
Just keep in mind S&R levels/zones can be broken when there is buying/selling volatility. As traders we mitigate by managing the risk of our trades. Therefore, I always look for low risk trading ideas and use only %Risk (dollars) of my trading deposit and do my trades Position Sizing.
When you see S&R levels/zones close to where your trade setups are, you decide based on the potential Reward to Risk ratio. If you trade where the trade setups are inside a consolidation zone for e.g. you should consider the potential breakout where you can add-on more positions. This is where you can start trade with smaller %risk and then build up when you confirm the breakout of the consolidation.

Looking at the Daily candle close , today's trading bias is to Buy. In case you are not sure, then take a look at your higher timeframe charts - H4 and D1. Those trading with MT5 has more options for higher TF charts like H2, H6, H8 and H12. Use what you are familiar with and feels comfortable in your multi-timeframe analysis.

Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD Nar 24 H1 support and resistance 24-3-2020 9-46-33 am.png Size: 66 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #101,816
  • Mar 24, 2020 12:31am Mar 24, 2020 12:31am
can someone help me turning on the alert for the TDI indicator?

thank you
  • #101,817
  • Mar 24, 2020 12:55am Mar 24, 2020 12:55am
Quoting TheFutureAce
can someone help me turning on the alert for the TDI indicator? thank you
I have these 2. Play with it. There is a settings. I dont know wich one is working, but i think both 2 is ok!
Attached File(s)
File Type: mq4 TDI Red Green (mtf + alerts +arrows).mq4   36 KB | 502 downloads
File Type: mq4 TDI Red Green Alerts mod. 2015.fxdaytrader.mq4   29 KB | 500 downloads
Time is your friend; impulse is your enemy! - John Bogle
  • #101,818
  • Mar 24, 2020 1:37am Mar 24, 2020 1:37am
Ernieo by his question has already indicated he has setup the chart with TDI.
Why not post a link with: This post can help you Post 276
----
What a load of bullshit.
"We are trading is a new market type during this coronavirus pandemic"

Can a member post a chart with this new type of market.
All chart's I looked at this morning looks the same as they did yesterday, week, month, year ago.

Not difficult to follow TDI now then it was to follow TDI before COVID-19
  • #101,819
  • Mar 24, 2020 1:54am Mar 24, 2020 1:54am
Quoting TheFutureAce
can someone help me turning on the alert for the TDI indicator? thank you
What is the name of the TDI indicator you want the alert function enabled?
  • #101,820
  • Mar 24, 2020 2:04am Mar 24, 2020 2:04am
I'm new here just took the few entries It's seems good but how to find ranging market???
Swimming with sharks!
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