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Trading Made Simple

  • #106,561
  • Jul 20, 2020 12:04am Jul 20, 2020 12:04am
EURAUD Jul 20 H1

Interesting pair to look at now before FO.

There is room UP to test the previous highs .... ~ 10 to 35 pips.


Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD Jul 20 H1 MTF charts 20-7-2020 1-02-04 pm.png Size: 51 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,562
  • Jul 20, 2020 12:09am Jul 20, 2020 12:09am
Quoting emmanuel7788
EURAUD Jul 20 H1 Interesting pair to look at now before FO. There is room UP to test the previous highs .... ~ 10 to 35 pips. {image}

EURAUD Jul 20 H1 trade entry



Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD Jul 20 H1 trade 20-7-2020 1-07-36 pm.png Size: 37 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,563
  • Jul 20, 2020 1:31am Jul 20, 2020 1:31am
H4 EU bounce by original rules.

now +20 BE +10

Any comment ?

V
Attached Image
  • #106,564
  • Jul 20, 2020 1:44am Jul 20, 2020 1:44am
Quoting vinicio
H4 EU bounce by original rules. now +20 BE +10 Any comment ? V {image}

Nice!

TMS Monitor also alert that bounce for Buy.

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor V19 H4 TDI bounce 20-7-2020 2-38-46 pm.png Size: 34 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,565
  • Jul 20, 2020 1:51am Jul 20, 2020 1:51am
Quoting emmanuel7788
{quote} Nice! TMS Monitor also alert that bounce for Buy. {image}
EURUSD Jul 20 H4

MACD(2,13,7) works the same like the original TDI.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Jul 20 MACD as TDI 20-7-2020 2-48-06 pm.png Size: 61 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,566
  • Jul 20, 2020 3:16am Jul 20, 2020 3:16am
EURGBP Jul 20 H1

a little late to jump in but there was very little retracement during the trade window to get a better entry price.

anyway, will exit +10pips, +25pips so wait and see if the market is kind today.

Capital Protection is 20 pips.

Stoch cross 50-level,
TDI RSI green price line cross its yellow market base line, observe its blue volatility band VB.

Also watching closely what goes on with EURUSD and GBPUSD for the next 3 hours.

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP Jul 20 H1 sell trade entry 20-7-2020 4-13-02 pm.png Size: 39 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,567
  • Jul 20, 2020 3:50am Jul 20, 2020 3:50am
Quoting eelfranz
1st Trading Chart... Note on the TDI showing your entry set ups... green crossing red enter on that new PA candle... {image}
Simple TDI setup but need good understanding of underlying instrument aswell.
  • #106,568
  • Jul 20, 2020 4:05am Jul 20, 2020 4:05am
Quoting emmanuel7788
{quote} Nice! TMS Monitor also alert that bounce for Buy. {image}

TMS Monitor Jul 20 H4 2AM PDT

I like what I see .... cherry pick!

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Jul 20 H4 2AM PDT 20-7-2020 5-03-07 pm.png Size: 32 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,569
  • Jul 20, 2020 5:13am Jul 20, 2020 5:13am
Quoting philippankaj
{quote} Simple TDI setup but need good understanding of underlying instrument aswell.
Trading Made Simple' 5-Method did not come quick and easy for the OP. He spent 6,000 hours to learn forex trading and took 2 years to develop his 5-Method. Not forgetting that he traded the stock markets for almost 10 years. Lot of trading experience and knowledge in all those years.

He once said: "Learning to trade is a lifetime process. Develop a trading system that fits you and practice, practice, practice...."

Anyone with the commitment and willing to make sacrifices has very good chance to make it to become a trader. There is no short-cut to wealth creation.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,570
  • Jul 20, 2020 5:48am Jul 20, 2020 5:48am
Quoting emmanuel7788
EURGBP Jul 20 H1 a little late to jump in but there was very little retracement during the trade window to get a better entry price. anyway, will exit +10pips, +25pips so wait and see if the market is kind today. Capital Protection is 20 pips. Stoch cross 50-level, TDI RSI green price line cross its yellow market base line, observe its blue volatility band VB. Also watching closely what goes on with EURUSD and GBPUSD for the next 3 hours. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP Jul 20 H1 sell trade entry 20-7-2020 4-13-02 pm.png Size: 39 KB


EURGBP Jul 20 H1 trade update

- TP1 hit +10 pips

- now wait and see if the next target +25 pips will happen.

getting close to NY Open in less than 2 hours, will consider full exit at the next H4 6AM PDT candle.

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP Jul 20 H1 TP1 10pips 20-7-2020 6-43-09 pm.png Size: 39 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,571
  • Jul 20, 2020 5:54am Jul 20, 2020 5:54am
GBPJPY Jul 20 H1 trade management

- riding the dragon seeing the overall GBP strength today

- TP1 +10pips, TP2 +25 pips

- now is time to close the remaining position as it is in that resistance zone or simply BE+ the remaining position.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY Jul 20 H1 TP1 and TP2 20-7-2020 6-49-49 pm.png Size: 39 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,572
  • Jul 20, 2020 7:03am Jul 20, 2020 7:03am
Quoting emmanuel7788
GBPJPY Jul 20 H1 trade management - riding the dragon seeing the overall GBP strength today - TP1 +10pips, TP2 +25 pips - now is time to close the remaining position as it is in that resistance zone or simply BE+ the remaining position. {image}
Good!

I missed the entry point of GBP pairs because of many support/resistance.
(GBP/USD, GBP/JPY, GBP/AUD, GBP/NZD)
GBP is too strong~~
  • #106,573
  • Jul 20, 2020 7:25am Jul 20, 2020 7:25am
Quoting emmanuel7788
{quote} {image} EURGBP Jul 20 H1 trade update - TP1 hit +10 pips - now wait and see if the next target +25 pips will happen. getting close to NY Open in less than 2 hours, will consider full exit at the next H4 6AM PDT candle. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP Jul 20 H1 TP1 10pips 20-7-2020 6-43-09 pm.png Size: 39 KB


EURGBP Jul 20 H1 trade update_2

- got my +25pips and now trailing using previous candle high.

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP Jul 20 H1 trade update 20-7-2020 8-19-05 pm.png Size: 39 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,574
  • Jul 20, 2020 7:30am Jul 20, 2020 7:30am
Quoting emmanuel7788
GBPJPY Jul 20 H1 trade management - riding the dragon seeing the overall GBP strength today - TP1 +10pips, TP2 +25 pips - now is time to close the remaining position as it is in that resistance zone or simply BE+ the remaining position. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY Jul 20 H1 TP1 and TP2 20-7-2020 6-49-49 pm.png Size: 39 KB


GBPJPY Jul 20 H1 trade update_2

- candlestick trailing stop active now and will most likely get hit when the price consolidates with small candles.
- there is 'R" resistance on Daily

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY Jul 20 H1 trade update_2 20-7-2020 8-26-40 pm.png Size: 39 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,575
  • Jul 20, 2020 5:05pm Jul 20, 2020 5:05pm
Hello all...
I've read this thread several months ago and used TDI system and was useful for me.
now I came back to this thread and found a lot of updates provided.
my question is:
1. Is there any PDF or post for latest updates? (TMS monitor, MAs and...)
2. Is there any post for all indicators?

Thanks a lot dear Elfranz and emmanuel for introducing and developing this great system.
Trade to enjoy... Money is after!
  • #106,576
  • Jul 20, 2020 6:39pm Jul 20, 2020 6:39pm
Quoting saninvestor
Hello all... I've read this thread several months ago and used TDI system and was useful for me. now I came back to this thread and found a lot of updates provided. my question is: 1. Is there any PDF or post for latest updates? (TMS monitor, MAs and...) 2. Is there any post for all indicators? Thanks a lot dear Elfranz and emmanuel for introducing and developing this great system.
Hello saninvestor

First, it was eelfranz the OP aka Big E of this thread who developed his 5-Method during his trading journey between 2008 to 2011. The 5-Method is NOT a trading system, it is a simple trading methodology by blending components from different systems/methods to create a new one here.

I use this same 5-Method and developed my own trading systems with my own entries and exist strategy with proven money management strategies, and most important developed the mental strategy to trade in different markets.

Most important for you is to read all the OP's posts and follow his posts starting with Post#1 up to his last Post#12,912. Learn EVERYTHING from him and master trading with his 5-Method.

You will find his latest updates linked in Post#1. Use his indicators and templates.

Best of Big E pdf.

simply click to download:

Best of Big E - Part 1

Best of Big E - Part 2
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,577
  • Jul 20, 2020 6:48pm Jul 20, 2020 6:48pm
Quoting KennethYang
{quote} Good! I missed the entry point of GBP pairs because of many support/resistance. (GBP/USD, GBP/JPY, GBP/AUD, GBP/NZD) GBP is too strong~~

What I usually do when I see strong movements in H1, I would then switch to H4 and Daily to see the bigger picture then jump in at a certain price level. The APB/HA candle body is a good visual guide to use. Use the 5EMA or the PAC 5SSMA H-L when you use the APB/HA candles.

I don't wait for TDI signal to jump in. I look at the Price and its Price action, know where to make an entry and where to place an initial Stop Loss ('R')

When I look at H4 and Daily, I look for their price levels - Open, High, Low and Close. And always take note of those dynamic support and resistance moving averages - 10, 50 , 100, 200 periods. Look at how price reacts at price round number 00 and 50. Note when there is CONFLUENCE of support and resistance levels/zones.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,578
  • Jul 20, 2020 10:29pm Jul 20, 2020 10:29pm
Hi guys, Can i ask a question?
Where i can download the TDI Indicator? Is it Free?

Thanks for the answers!!!
Don't chase MONEY, Let it chase you.
  • #106,579
  • Jul 20, 2020 10:52pm Jul 20, 2020 10:52pm
Quoting Jughead
Hi guys, Can i ask a question? Where i can download the TDI Indicator? Is it Free? Thanks for the answers!!!
See post #25 on page 2 for indicators...

Latest update: PAGE 11, Post # 156... thanks Cliff
Another update by Numb3rs - 4/29 - Pg 48, post 713
UPDATE: See post #25
See post 14 & 15 for TDI & HA (APB) candles.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,580
  • Edited 1:05am Jul 21, 2020 12:26am | Edited 1:05am
GBP/USD 1H sell

Comments?
Attached Image (click to enlarge)
Click to Enlarge Name: Inked0721_GBPUSD_LI.jpg Size: 755 KB


I exited and entry buy.
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