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Monitor for 'Trading Made Simple' system 565 replies

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Trading Made Simple system follower - Thanks to eelfranz 9 replies

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Trading Made Simple

  • #106,281
  • Jul 8, 2020 5:44am Jul 8, 2020 5:44am
Quoting DrDave
{quote} KennethYang, when you had that red HA bar close inside PAC and TDI either green x red or very close to doing it, that was your clue to go check H1 and look for sell entries only.
Yes!
I did +10 pips on GBP/JPY on LO.

Thanks!
  • #106,282
  • Jul 8, 2020 8:24am Jul 8, 2020 8:24am
Quoting KennethYang
{quote} Yes! I did +10 pips on GBP/JPY on LO. Thanks!
Excellent! It's looking like that in just a few weeks, you will far surpass the FakeTrader's dismal BEGINNER'S rate of 65% that he FINALLY can maintain with a lot of HARD WORK after EIGHT YEARS (or more) or trying to follow TMS!

Hmmm, maybe you are doing so well because you KEEP IT SIMPLE!
Quoting eelfranz
Starting out you should be 60-65% successful. Within 1 to two months you should be 70-80% successful.. IF... you follow the simple rules and simple exits...
Your Indicators

  1. Heiken-Ashi bars
  2. Price Action Channel
  3. TDI

Looks like you don't need all those other things like MACDcloud, BEOB, BEUB, Power of 10, Arjun candles, popguns, master candle, WRB, WCC, and an EA to think for you, and on and on... WOW! I can already imagine peoples' heads spinning just thinking about all of that added confusion! Really, it's no surprise at all with all of the complication and confusion that the FakeTrader piles onto himself that he just can't get beyond BEGINNER level, whereas you, as a beginner with TMS, is likely already AHEAD of that poor loser.

To free Gazans of Hamas, use whatever it takes.
  • #106,283
  • Jul 8, 2020 8:54am Jul 8, 2020 8:54am
Quoting emmanuel7788
{quote} 1. I do not just look at D1 for the trend. I do my top down analysis - MN > W1 > D1 to determine the market type conditions in which I trade. I only swing trade when the market type condition is trending and sideways wide range. TMS does not work in narrow range market type conditions. When you want to trade the 4H swing, the W1 must not be narrow range and must not be in consolidation, this is when I do my Weekly Top Down Analysis WTDA and decide when to trade 4H swing. 2. All the price action I talk about is using the price Bar Chart (you...

Thanks for your advice
  • #106,284
  • Jul 8, 2020 9:18am Jul 8, 2020 9:18am
Trading NASDAQ with TDI Cloud
Attached Image (click to enlarge)
Click to Enlarge Name: ENQU20 Jul 08 H1 8-7-2020 10-14-53 pm.png Size: 14 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,285
  • Jul 8, 2020 9:28am Jul 8, 2020 9:28am
A: "Hey, what's the weather forecast?"
B: "I don't know exactly, but I see a TDIcloud!"
A: "What?? What does a TDIcloud have to do with the weather?"
B: "Well, it looks to me like it is as relevant to the weather as it is to Trading Made Simple!"
To free Gazans of Hamas, use whatever it takes.
  • #106,286
  • Jul 8, 2020 2:37pm Jul 8, 2020 2:37pm
Quoting DrDave
A: "Hey, what's the weather forecast?" B: "I don't know exactly, but I see a TDIcloud!" A: "What?? What does a TDIcloud have to do with the weather?" B: "Well, it looks to me like it is as relevant to the weather as it is to Trading Made Simple!"
Wonder why Emmanuel use MACDcloud, is it not the same guy that posted Price Action Price Action............?
Say one thing and do other thing.
Compare the entry of trades against the color of MACDcloud, qty of bars after crossover
- first trade green + green, eight candle after crossover (Cloud 4570), fourth bar (Cloud 940)
- second trade green + purple, third candle after crossover (Cloud 4570), no cross (Cloud 940)
Indication that trades were placed randomly or MACDcloud is on the chart for smoke and mirror or a totale different entry rules was used.
Also looking at second entery:
- there is a blue dotted line coming down, no visible close arrow.
- the same blue dotted line goes up with a start and close arrow.

Now with this type of posting you have to ask: WTF is going on?
  • #106,287
  • Jul 8, 2020 4:47pm Jul 8, 2020 4:47pm
Quoting Tekkies
{quote} Wonder why Emmanuel use MACDcloud, is it not the same guy that posted Price Action Price Action............? Say one thing and do other thing. Compare the entry of trades against the color of MACDcloud, qty of bars after crossover - first trade green + green, eight candle after crossover (Cloud 4570), fourth bar (Cloud 940) - second trade green + purple, third candle after crossover (Cloud 4570), no cross (Cloud 940) Indication that trades were placed randomly or MACDcloud is on the chart for smoke and mirror or a totale...
Just part of his erratic misapplication of simple rules. It's pieces of his FAILURE PUZZLE that he is putting in place to display how he has managed to reach the BEGINNERS LEVEL of TMS--60-65%--after 8 (or more) years of trying to grasp TMS and through lots of HARD WORK to maintain that average over 3 years.

Really, he needs to make the WIN-WIN decision suggested by vinicio and BAN HIMSELF FROM THIS THREAD. No need for him to present anything else, because HE himself already stated clearly,
Quoting FakeTrader
well you don't have to read all the posts. Just the old posts from Post#1 to Post#12,912 that is all what Trading Made Simple is and shall remain for very long time.
To free Gazans of Hamas, use whatever it takes.
  • #106,288
  • Jul 8, 2020 6:20pm Jul 8, 2020 6:20pm
Quoting Tekkies
{quote} Wonder why Emmanuel use MACDcloud, is it not the same guy that posted Price Action Price Action............? Say one thing and do other thing. Compare the entry of trades against the color of MACDcloud, qty of bars after crossover - first trade green + green, eight candle after crossover (Cloud 4570), fourth bar (Cloud 940) - second trade green + purple, third candle after crossover (Cloud 4570), no cross (Cloud 940) Indication that trades were placed randomly or MACDcloud is on the chart for smoke and mirror or a totale different entry...

Tekkies

Good questions ...
Unless you have mastered trading and you cannot be making money consistently, please keep your questions coming , keep on doing demo trades in real-time live markets.

Doesn't mean you look at my chart that you know how I trade. That's the stupidity of it criticizing something you are clueless about.
Like the Op Big E said at one time, No.1 importance is the Price Action, No.2 is the price oscillator in my case the TDI cloud which I look at the level of the colour change. No need for green line angle anymore. MT5 does this nicely with better features.

That is not retail spot forex where bulls make money, bears make money buy you get slaughtered day-in day-out like pigs.
That is NASDAQ E-Mini Futures trading using netting positions.

You can go to this website and get some proper education how to trade E-Mini Futures.
https://www.ampfutures.com/education/

Remember this Joe Ross TTE and how to trade price action 1-2-3 and Rh. Learn that and train your eyes to see them in real-time live market. It is easy when you use you brain.

Attached Image (click to enlarge)
Click to Enlarge Name: Trading 1-2-3 and Rh.png Size: 154 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,289
  • Jul 8, 2020 6:25pm Jul 8, 2020 6:25pm
Quoting emmanuel7788
USDCHF Jul 08 H4 2AM PDT Follow the Daily and trade H4 {image}
Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF Jul 08 H4 LO2 8-7-2020 5-02-24 pm.png Size: 48 KB


USDCHF Jul 08 H4 2AM trade closed

- no opportunity to move SL to BE during the trade, so I left it to be 'set-and-forget'. The Weekly Trend 2/8 was intact.
- trade hit planned TP

Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF Jul 08 H4 trade closed TP 9-7-2020 6-47-46 am.png Size: 44 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,290
  • Jul 8, 2020 6:32pm Jul 8, 2020 6:32pm
Quoting KennethYang
{quote} I'm waiting for GBP/JPY 4H. but, not yet. PA is in the PAC. {image}
you know what you look for and has the discipline to wait for it to present itself ....

Attached Image (click to enlarge)
Click to Enlarge Name: KennethYang GBPJPY 9-7-2020 7-27-44 am.png Size: 295 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,291
  • Jul 8, 2020 6:38pm Jul 8, 2020 6:38pm
Quoting emmanuel7788
GBPJPY Jul 08 H4 2AM PDT This H4 reversal setup also look good ... The RSI green price line slope is <2.0, the Stoch slope <3.0 between 80 and 20 , and the PA is below the 5EMA ... except that the Weekly is sideways and more to the upside. I would give such setups a miss now. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY Jul 08 H4 LO2 2AM PDT 8-7-2020 5-12-34 pm.png Size: 51 KB


GBPJPY Jul 08 H4 2AM PDT

No trade also mean you are winner! You preserve trading capital and use your trading capital for other trades.

That was the right decision not to sell the 2AM PDT candle. Must learn to use oscillators like the Stoch and RSI which the TDI calculates it greed, red and yellow lines. The angle/slope mean nothing when you do not know the market conditions well and how to apply Post#647.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY Jul 08 H4 6AM PDT 8-7-2020 9-02-37 pm.png Size: 54 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,292
  • Jul 8, 2020 6:56pm Jul 8, 2020 6:56pm
Quoting emmanuel7788
{quote} 1. I do not just look at D1 for the trend. I do my top down analysis - MN > W1 > D1 to determine the market type conditions in which I trade. I only swing trade when the market type condition is trending and sideways wide range. TMS does not work in narrow range market type conditions. When you want to trade the 4H swing, the W1 must not be narrow range and must not be in consolidation, this is when I do my Weekly Top Down Analysis WTDA and decide when to trade 4H swing. 2. All the price action I talk about is using the price Bar Chart (you...
See this GBPUSD H4 chart below. H4 is narrow range consolidation with a H4 Master Candle and small candles... Wait for a breakout potential! W1 and D1 will give a clue to pick a possible direction (Plan A). However, should that fails, then you need a Plan B.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Jul 08 H4 6AM PDT 8-7-2020 9-00-23 pm.png Size: 49 KB


Post#647
a few key points in this
How close am I to the previous high or lo
Am I in an uptrend or downtrend.. short & long term...
Am I in or close to a consolidation area
Are the previous candles small...
Look at the candles on the last reversal... big, little, what

I have done my weekend homework ... Weekly Top Down Analysis WTDA and with technical study done using Post#647.
and defining big candles, small candles, using these price action -
"INSIDE BARS", "POP GUNS", "ENGULFING CANDLES" , "MASTER CANDLE", "MOTHER BAR", DOUBLE INSIDE BARS, "BUEB/BEEB", BUOB/BEOB", "WRB", "WCC", etc.
I can make trade decisions easier , I know where the previous high - low, I know where the consolidation area is, I see small candles as Inside Bars, I see momentum candle as either Engulfing and Outside Bars, etc.

This is my approach - tested and proven since 2012 till now 2020 with more than 5,000 trades completed. I pick only the best setups and trade with oscillators like the Stochastisc and RSI. But I also missed many trades with this approach....

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Jul 08 H4 POMO 9-7-2020 7-41-25 am.png Size: 67 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,293
  • Jul 8, 2020 11:07pm Jul 8, 2020 11:07pm
ENQ Jul 09 Daily H1 entry

Attached Image (click to enlarge)
Click to Enlarge Name: ENQ Jul 09 Daily H1 entry netting 9-7-2020 12-05-38 pm.png Size: 37 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,294
  • Jul 8, 2020 11:11pm Jul 8, 2020 11:11pm
Quoting emmanuel7788
{quote} See this GBPUSD H4 chart below. H4 is narrow range consolidation with a H4 Master Candle and small candles... Wait for a breakout potential! W1 and D1 will give a clue to pick a possible direction (Plan A). However, should that fails, then you need a Plan B. {image} Post#647 a few key points in this How close am I to the previous high or lo Am I in an uptrend or downtrend.. short & long term... Am I in or close to a consolidation area Are the previous candles...

GBPUSD Jul 09 H4 Follow Daily Price Action

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Jul 09 H4 w D1 9-7-2020 12-09-58 pm.png Size: 38 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,295
  • Jul 8, 2020 11:26pm Jul 8, 2020 11:26pm
DAX Jul 09 Trading the Daily

If you do not like what I use - the TDI Cloud, you can also use a EMA on RSI(13) which is the original TDI green price line.

I missed this DAX opening as I was out running errands and due to the pandemic lockdown restrictions, daily chores will be very inconvenient for a few more weeks.
Also the opening GAP was something of concern when I day trade.

Will look later for a LTF correction for possible buy trades.

Attached Image (click to enlarge)
Click to Enlarge Name: DAX Jul 09 Daily with H1 9-7-2020 12-20-12 pm.png Size: 32 KB
Attached File(s)
File Type: ex5 EMA on RSI(13).ex5   16 KB | 451 downloads
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,296
  • Jul 8, 2020 11:50pm Jul 8, 2020 11:50pm
Quoting Tekkies
{quote} Post#25 TDI can not give reliable back testing results. Which TDI indicator did you use?
I used TDI Red Green. for the the results in the pic. But I read that it repaints. So I switched to TDI RT alerts + divergence.
Knowledge is Power so be Power Hungry
  • #106,297
  • Jul 8, 2020 11:52pm Jul 8, 2020 11:52pm
AUDJPY Jul 09 Daily and H4 views:

Price Action , Support&Resistance ... Post#647

Attached Image (click to enlarge)
Click to Enlarge Name: AUDJOPY Jul 09 Daily with H4 view 9-7-2020 12-44-16 pm.png Size: 61 KB


Trading Made Simple 5-Method both simple and is easy but only when you have learned, practice, practice, practice .... till you have mastered the method.





Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,298
  • Jul 8, 2020 11:54pm Jul 8, 2020 11:54pm
Quoting 4rexMilitia
{quote} I used TDI Red Green. for the the results in the pic. But I read that it repaints. So I switched to TDI RT alerts + divergence.

but the Price Action does not re-paint .

once the price bar is closed, it is fixed.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,299
  • Jul 9, 2020 12:09am Jul 9, 2020 12:09am
Quoting emmanuel7788
AUDJPY Jul 09 Daily and H4 views: Price Action , Support&Resistance ... Post#647 {image} Trading Made Simple 5-Method both simple and is easy but only when you have learned, practice, practice, practice .... till you have mastered the method.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJOPY Jul 09 Daily with H4 view 9-7-2020 12-44-16 pm.png Size: 61 KB


AUDJPY Jul 09 10PM PDT H4 candle

- BUEB setup

easy when I see several telegram groups see the same setup ...

Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY Jul 09 H4 BUEB entry 9-7-2020 1-04-09 pm.png Size: 39 KB


now we manage this trade when the next H4 2AM candle opens.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,300
  • Jul 9, 2020 12:12am Jul 9, 2020 12:12am
"Really, he needs to make the WIN-WIN decision suggested by vinicio and BAN HIMSELF FROM THIS THREAD..................................


Hi everyone,
the thread has become unreadable.
Can anyone do something?
thank you

Vinicio
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Duitman