Trading Made Simple | Page 5096 | 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

  • #101,901
  • Mar 24, 2020 7:15pm Mar 24, 2020 7:15pm
TradingMadeSimple 101

EURCAD Mar 25 H1

Plan your Trade, Trade your Plan

As buyer, I look for the same - PA above its 5EMA to buy when I see a bullish price bar/HA candle with momentum. The Daily is sideways. Nothing in the news / events calendar to move this pair.

There are others who may be chasing the Daily Pin Bar.
Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD Mar 25 H1 day trading 25-3-2020 8-06-27 am.png Size: 54 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #101,902
  • Mar 24, 2020 7:26pm Mar 24, 2020 7:26pm
[quote=emmanuel7788;12835015]TradingMadeSimple 101 The OP posts below. Feb 12, 2011 #3418 You can trade the 5 method without the TDI if it's a problem... PA is HA Candles, PA crosses the yellow line and closes... enter on the next candle if it's the same color. When candles flatten out... exit. Stay in the trade as long as it doesn't cross back over the yellow line and close. The TDI just gives me a lot more information for making my entries & exits decisions. /quote]
enter on the next candle if it's the same color.
Sounds VERY simple, right? But let's analyze it like Iddd. Then it is quite a problematic entry method. The bar color could be changing as you sit there and watch it. What if the signal bar is up color and the next bar opens and price immediately drops a few pips and is now down color? Hmm, must skip that one and move on. But wait!! What if you sit there another 10 seconds and now price goes up and the bar turns to up color? Do you buy now? If the answer is yes, then that means there is a waiting period that was not mentioned in the entry criteria. But how to act during the waiting period? And how do you decide the length of the waiting period? If the waiting period is X seconds, then do I wait until the X seconds have passed and THEN check the color, or do I make an entry as soon as the bar is the correct color? It seems obvious that the waiting period would be less than the period of the timeframe, because at that time, the bar would close. And if it were as simple as just waiting for the bar to close and then check its color, BigE certainly would have said that. so, there is a waiting period of some duration of 1 second to a maximum of just less than the period of the timeframe.
To free Gazans of Hamas, use whatever it takes.
  • #101,903
  • Mar 24, 2020 7:32pm Mar 24, 2020 7:32pm
Quoting moRTaL
entered USDSGD again.. D1 still looks better than USDTHB.. USDSGD wary of W1 and MN 2016 close above as shown... while USDTHB is maybe at W1/MN 2018 sept support maybe is a resistance at the moment, also against W1 ema200 (doesn't know whether this works in W1 too)... so trade USDSGD n let the probability works.. {image}

hi moRTal

I exited my USDSGD positions yesterday before Singapore bank lunch hour.

Tomorrow is big news event in SingDollar land therefore today is too risky to hold any positions. Speculators say historical 1.48 so I wait in the LTF.

Follow up and do some research on SWF of the countries when you park your retirement assets any other currency.
Start looking for investment asset class in different industry sectors ... 'do not put all your eggs in one basket'. Old wisdom in current times. Airline stocks are down, banks stock are down, etc. Recovery will take much longer than the 2008 crash.
Pharmaceuticals sector to watch out for. The countries that can produce the C19 vaccine will mostly like worth a look for buy low.

https://en.wikipedia.org/wiki/List_o...n_wealth_funds
Attached Image (click to enlarge)
Click to Enlarge Name: USDSGD Mar 25 Daily 25-3-2020 8-19-57 am.png Size: 30 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #101,904
  • Mar 24, 2020 7:41pm Mar 24, 2020 7:41pm
Quoting Tekkies
{quote} "Post a chart showing all TDI M15 signals for a month at least you took including all losers and also explain how you managed the losing ones." "The TDI it self is useless and you know that so stop misleading the new people here with that crap." In one sentence you ask for TDI signals, next sentence you dismiss TDI as crap. Make up your mind. ---- TDI is useless? Why is that? No Iddd, it is the other way around. - The trader is useless and the indicator gets the blame. - The trader is useless and the method gets the blame. Good example was...

when One man is not convincing , now we have Two men...

but we be like the young man behind walking past, he did not believe the bullshit!



Attachment g
Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies 101,885 chart 25-3-2020 8-36-24 am.png Size: 610 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #101,905
  • Mar 24, 2020 9:25pm Mar 24, 2020 9:25pm
Quoting emmanuel7788
{quote} when One man is not convincing , now we have Two men... but we be like the young man behind walking past, he did not believe the bullshit! 3587822 {image}
  • #101,906
  • Mar 24, 2020 10:18pm Mar 24, 2020 10:18pm
amiralifx
Thank
yes if i open any chart what should i look for about I make the decision to buy or sell
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Mar 13 prevailing market type conditions13-3-2020 8-40-31 pm.png Size: 32 KB
  • #101,907
  • Mar 24, 2020 11:12pm Mar 24, 2020 11:12pm
Quoting emmanuel7788
{quote} "There are lots of TDI Indicators with alert function,.." Precisely the problem with so many different TDIs .... I counted 5 versions by Dean Malone CompassFX the creator between 2005 and 2010 and many more version by other members in the MT4 community. you need to ask: which version is the Holy Grail? and this newbie Tekkies who started trading in Mar 2016 proclaimed in Sep 2016... same year, {image} it always start with similar modus operandi... TDI is the Holy Grail, TDI is predictive, Keep It Simple trade TDI green cross red,...
Grow up Emmanuel, you are acting like a toddler that lost it's TDI and now no one els may have a TDI.
  • #101,908
  • Mar 24, 2020 11:27pm Mar 24, 2020 11:27pm
Emmanuel

i am so sorry you are having to put up with all the bs here, i actualy got to meet big e,and use this system to this day works great
  • #101,909
  • Mar 24, 2020 11:27pm Mar 24, 2020 11:27pm
Quoting lddd
{quote} Because you don't have anything to dept with? The entry/exit criteria for these trades cannot be embedded in a repeated routine that every trader could execute the same way on any given day. Nearly all of the rules you mention here "length of bar" "S/R" are already subjective by nature. S/R can be drawn in differently from trader A to trader B. Length of a bar, what is small what is big? S/R can be drawn in different ways by each new trader. So where is the point. I could come up with a perfect trade example meeting all rules and indicators...
So, with 99% wrong, why are you wasting your time with posting in FF.
Walk away, join Steve's forum, start your own Forex social media Web page.
  • #101,910
  • Mar 25, 2020 12:10am Mar 25, 2020 12:10am
hi. have a good time.

my favorite currency is usdjpy. in h1 we had a signal. its a very nice signal. i am waiting .......................
  • #101,911
  • Mar 25, 2020 12:33am Mar 25, 2020 12:33am
Quoting emmanuel7788
{quote} hi moRTal I exited my USDSGD positions yesterday before Singapore bank lunch hour. Tomorrow is big news event in SingDollar land therefore today is too risky to hold any positions. Speculators say historical 1.48 so I wait in the LTF. Follow up and do some research on SWF of the countries when you park your retirement assets any other currency. Start looking for investment asset class in different industry sectors ... 'do not put all your eggs in one basket'. Old wisdom in current times. Airline stocks are down, banks stock are down, etc....
Thank you very much for your post emm. I totally learnt a lot from this run of USDSGD trade..
  • #101,912
  • Mar 25, 2020 1:50am Mar 25, 2020 1:50am
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD-5H4.png Size: 33 KB
  • #101,913
  • Mar 25, 2020 1:52am Mar 25, 2020 1:52am
Hello Dr. Dave, You say you put your TP to 10 pips, is it correct ? if yes where do you put your SL ? Thanks
  • #101,914
  • Mar 25, 2020 2:34am Mar 25, 2020 2:34am
Quoting jrushing
Emmanuel i am so sorry you are having to put up with all the bs here, i actualy got to meet big e,and use this system to this day works great
I'm not quite sure what you're reading but Emmanuel is the one saying the TDI is rubbish and he doesn't use it, then posts that he uses the TDI monitor, so even he is confused, I don't think Big E would have liked the majority of his posts on here.

Quoting jrushing
{image}
Emmanuel should now say to you (as he has to many others) that is purely a hindsight chart, with a refreshed TDI.
Success means going from failure to failure without loss of enthusiasm
  • #101,915
  • Edited 4:06am Mar 25, 2020 3:10am | Edited 4:06am
live trading

buy [email protected]


its close to resistance zone.


Attached Image (click to enlarge)
Click to Enlarge Name: entry usdjpy.JPG Size: 162 KB
  • #101,916
  • Mar 25, 2020 3:16am Mar 25, 2020 3:16am
Quoting emmanuel7788
TradingMadeSimple 101 EURCAD Mar 25 H1 Plan your Trade, Trade your Plan As buyer, I look for the same - PA above its 5EMA to buy when I see a bullish price bar/HA candle with momentum. The Daily is sideways. Nothing in the news / events calendar to move this pair. There are others who may be chasing the Daily Pin Bar. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD Mar 25 H1 day trading 25-3-2020 8-06-27 am.png Size: 54 KB


EURCAD Mar 25 H1 ...

the Daily Pin Bar chasers got some money during the Asian session,

patiently waiting for the buy setup ... PA is HA candles, 5EMA is its direction.

wait for the price to show its move with momentum and the HA candle as my setup candle.... think of the CONSERVATIVE setup not the AGGRESSIVE setup.



Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD Mar 25 H1 waiting 25-3-2020 4-11-02 pm.png Size: 46 KB


Feb 12, 2011
#3418
You can trade the 5 method without the TDI if it's a problem...

PA is HA Candles, PA crosses the yellow line and closes... enter on the next candle if it's the same color. When candles flatten out... exit. Stay in the trade as long as it doesn't cross back over the yellow line and close.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #101,917
  • Mar 25, 2020 3:22am Mar 25, 2020 3:22am
Quoting jrushing
{image}
Attached Image (click to enlarge)
Click to Enlarge Name: jrushing post chart 25-3-2020 4-19-41 pm.png Size: 83 KB


WOW!

5 trades over 7 days ...3500 pips

Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #101,918
  • Edited 3:46am Mar 25, 2020 3:35am | Edited 3:46am
jhasing proved how easy is it to use TDI.

Notice:
- No Stoch
- No HA candle
- 5EMA is replace with an indicator. (HMA comes to mind)
Attached Image (click to enlarge)
Click to Enlarge Name: pipsdsd.PNG Size: 32 KB
  • #101,919
  • Mar 25, 2020 3:39am Mar 25, 2020 3:39am
AUDJPY Mar 25 Multi-chart

Looking at Day Open this morning the decision to trade would be easy.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY Mar 25 multi-charts 25-3-2020 1-48-59 pm.png Size: 54 KB


If you have no confidence to buy and hold onto buy positions, you need to question your beliefs about the market.

When your beliefs are no longer true, you need to do the turnaround.

9 years ago I was introduced to Bryon Katie's "The Work" and that was an eye opener which helped me advance in my trading the markets.


https://thework.com/instruction-the-work-byron-katie/
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #101,920
  • Mar 25, 2020 3:49am Mar 25, 2020 3:49am
Quoting emmanuel7788
{quote} {image} WOW! 5 trades over 7 days ...3500 pips
What happened to
"You need to find your WINNING EDGE and the TDI is not in the winning edge equation."
96 traders viewing now, 1 is registered:
socgaufamily