Effortless Trading Explained + FAQ

Quoting Ata-Turkoglu

Disliked

{quote} Yes there was.. and I shared my entry here: https://www.forexfactory.com/showthr...6#post12857046 Stay Green

Ignored

Quoting fxshinobi

Disliked

Hi Ata thanks for sharing yur knowledge with us , i have couple of questions if i may ; 1. Are u trading live profitable with this system? 2. What is the latest measures of mas that u are using on your chart? Thinking u are changing them along with market conditions. thanks in advance see u

Ignored

Quoting Ata-Turkoglu

Disliked

Here I simply want to keep it limited with only explaining my "Effortless Trading" methodology, from which I perpetually make use of. Think of this thread as a temporary "classroom" where all the answers related to my system shall be provided. The reason for creating this thread was the many questions that came as soon as I mentioned it on my "EURUSD Only" thread. Members naturally started asking questions to understand the logic and the thread was simply not the best place to share my answers to all questions at once. But here I can do that. Below...

Ignored

Quoting Ata-Turkoglu

Disliked

{quote} 1. Yes I profit with this + my own experience all the time.. 2. Let's say I explained to you how to drive a BMW.. now would you come back to me each time you wanted to drive some other car? No you wouldn't.. You would figure it out yourself.. Check all the information on page 1 of this thread that I numbered starting from 1..., 2... and so forth.. Try to understand why I use the settings given on page 1.. because it is really about aligning the candles that's all.. Whatever you decide will be best settings for you.. Stay Green

Ignored

Quoting Morpheus00

Disliked

Hi All, H4 closed Above the Green LWMA, but I see that we have 1 near resistance and other longer. I think we have to wait to test that resistance go again to the Green LWMA and if it support so enter Long. {image}

Ignored

Quoting Ata-Turkoglu

Disliked

{quote} No.. the GREEN line is only for determining if trend is bullish or bearish.. has nothing to do with entering long or short.. Our entries are based on Dashed-RED or Dashed-BLUE trendlines.. (rarely also based on RED TL and BLUE TL breakouts).. I suggest you go through all the material shared before trying the method.. Good luck Stay Green

Ignored

Quoting UnconsciousT

Disliked

Ata, allow me to ask you why you are drawing blue TL in the H1 when we are above the green MA line. Is this a transposition of a blue TL from the H4 chart which is in sell mode? {image}

Ignored

Quoting Ata-Turkoglu

Disliked

{quote} No it is basic "geometry" that many market makers have to obey.. Market mostly obeys geometry and although I prefer to keep Dashed-BLUE lines below the GREEN and Dashed-RED lines above the GREEN to be honest, the market doesn't give a damn about the GREEN line and candles still respect dashed lines to a certain degree.. So I make use of the extensions of these lines whenever I need to.. Especially when market stalls these lines can be useful! I hope it clarifies! Stay Green

Ignored

Quoting Ata-Turkoglu

Disliked

Lesson of the Day I just had a -26 pips loss, which is minor considering the gains I make but still, I keep learning from the flaws and mistakes I make during the process.. below example shows how important it is to put the lines onto the correct locations.. Sometimes it gets gray and we can't decide and have to pick something.. Here I picked the wrong place obviously.. Next time I will stick to the main "candle pair" logic.. As long as we don't have a new higher close the most recent highest close of BLUE candle is the leading candle and lines...

Ignored

Quoting fxshinobi

Disliked

{quote} Hard to draw these lines mate, need lots of practice. I am trying to learn from your charts too. Can u tell which tool was showing the trendline numbers , i forgot it . Stay safe

Ignored

Quoting Ata-Turkoglu

Disliked

Lesson of the Day I just had a -26 pips loss, which is minor considering the gains I make but still, I keep learning from the flaws and mistakes I make during the process.. below example shows how important it is to put the lines onto the correct locations.. Sometimes it gets gray and we can't decide and have to pick something.. Here I picked the wrong place obviously.. Next time I will stick to the main "candle pair" logic.. As long as we don't have a new higher close the most recent highest close of BLUE candle is the leading candle and lines...

Ignored

Quoting raju0189

Disliked

{quote} One more thing Brother, I don't know right or wrong. today I don't follow your sell entry. I kept my buy entry because of your MOFU candle theory. No clear bearish candle here.

Ignored

Quoting Ata-Turkoglu

Disliked

{quote} Good you did what you did brother.. That means now you are probably focusing on today's MOFU candle.. All good.. I am watching 1.0922/32 area very closely.. This is such an important RESISTANCE level based on H4 and Daily.. I can't emphasize more! Stay Green

Ignored

Quoting Ata-Turkoglu

Disliked

Lesson of the Day I just had a -26 pips loss, which is minor considering the gains I make but still, I keep learning from the flaws and mistakes I make during the process.. below example shows how important it is to put the lines onto the correct locations.. Sometimes it gets gray and we can't decide and have to pick something.. Here I picked the wrong place obviously.. Next time I will stick to the main "candle pair" logic.. As long as we don't have a new higher close the most recent highest close of BLUE candle is the leading candle and lines...

Ignored