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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

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Trading Made Simple system follower - Thanks to eelfranz 9 replies

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Trading Made Simple

  • #107,521
  • Edited 5:12am Aug 21, 2020 4:49am | Edited 5:12am
Quoting DrDave
Another MIRACLE! Had time to enter these demo trades while my other account is greening... {image} By the way, as I am sure most of you do not know, H2 should be of interest to you.
Update: the down move has now gone far enough that H4 should be of interest to you.
To free Gazans of Hamas, use whatever it takes.
  • #107,522
  • Aug 21, 2020 4:56am Aug 21, 2020 4:56am
Quoting DrDave
{quote} Wait a minute ... I thought that you have a quite robust trading plan. Didn't you follow it, so no need to rely on luck to get to green? OH, or is it that your trading plan INCLUDES luck in it, so you totally followed the trading plan?
to be honest I really don't have a trading plan trade what you see
  • #107,523
  • Aug 21, 2020 4:58am Aug 21, 2020 4:58am
little tip for everyone
whatever goes correlation
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  • #107,524
  • Aug 21, 2020 5:36am Aug 21, 2020 5:36am
GBPUSD H1 +60 pips
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"Successful investing takes time, discipline and patience."-Warren Buffet
  • #107,525
  • Aug 21, 2020 5:51am Aug 21, 2020 5:51am
Quoting DrDave
{quote} Update: the down move has now gone far enough that H4 should be of interest to you.
You see what the OP mean to make the transition to trade H4 during the London Session...

i.e if you stop listening to that voice in your head and start reading and listening to what the OP posted in the past.

Quoting eelfranz
Don't get fired ! Just make the necessary transition to trading 4hr charts during the London session... or Daily charts.
The PA setup was a H4 BEOB candle .... alert by the indicator PriceAction AHA. It was a breakout of the NR4IB too... BONUS!



Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Aug 21 H4 BEOB 21-8-2020 6-46-45 pm.png Size: 53 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,526
  • Aug 21, 2020 5:56am Aug 21, 2020 5:56am
Quoting emmanuel7788
{quote} You see what the OP mean to make the transition to trade H4 during the London Session... i.e if you stop listening to that voice in your head and start reading and listening to what the OP posted in the past. {quote} The PA setup was a H4 BEOB candle .... alert by the indicator PriceAction AHA. It was a breakout of the NR4IB too... BONUS! {image}
i like the way you explain it, so i can understand such analyzes somewhat
  • #107,527
  • Aug 21, 2020 5:57am Aug 21, 2020 5:57am
EURUSD Aug 21 H4

- another BEOB setup during London Session today

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Aug 21 H4 BEOB 21-8-2020 6-53-17 pm.png Size: 61 KB

if you want to use that indicator PriceAction AHA v2.0,

make your trading life a little easier and get the alerts you want and trade.

go to this Post#107,160 and download.

https://www.forexfactory.com/thread/...8#post13104118
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,528
  • Aug 21, 2020 6:07am Aug 21, 2020 6:07am
USDCAD Aug 21 H4

- look at Price Action first ... that BUOB
- look at the Stoch cross signal
- look at the TDI green price line angle,

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Aug 21 H4 BUOB 21-8-2020 7-05-01 pm.png Size: 61 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,529
  • Aug 21, 2020 6:08am Aug 21, 2020 6:08am
USDCHF Aug 21 H4

- look at Price Action first ... that BUOB
- look at the Stoch cross signal
- look at the TDI green price line angle,

Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF Aug 21 H4 BUOB 21-8-2020 7-07-31 pm.png Size: 56 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,530
  • Aug 21, 2020 6:15am Aug 21, 2020 6:15am
Quoting emmanuel7788
EURUSD Aug 21 H4 - another BEOB setup during London Session today {image} if you want to use that indicator PriceAction AHA v2.0, make your trading life a little easier and get the alerts you want and trade. go to this Post#107,160 and download. https://www.forexfactory.com/thread/...8#post13104118
100% correct what you write, I have to write that
respect
see footprint chart
seller to buyer downward

H4 and H1
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  • #107,531
  • Aug 21, 2020 6:45am Aug 21, 2020 6:45am
Quoting eelfranz
I prefer to trade the 4hr charts at night. My broker posts new 4 hr candles at 10pm my time (Pacific), 2am my time and 6am my time. My page when I open up my charts has 8 open charts. I just glance at the TDI for set ups when the new candle opens... If I see a set up... green just crossing red I'll take the trade, turn off the puter and go to bed. Four hours later (1:50am) my alarm goes off for the new candles and I take a peek... if I see a new set up I'll enter and go back to bed with the last alarm at 5:50am my time. I close all trades at that...

the OP once said this:
"I hate to monitor charts anyway. Even if I scalp the market I use 4hr charts with success...."

why not you consider scalp the H4 BEOB and BUOB candles when you get the alerts.

do your own backtests and study old charts with the Price Action AHA indicator set to 'show history' ... 'History=true'.
You need to make sure the BEOB and BUOB candles are true REVERSAL candles with Stoch cross signal and the TDI RSI green price line to confirm the REVERSAL.

PriceAction AHA v2.0 {download}

Price ActionSetup pdf {download}

How to trade the BUOB / BEOB

go to this document Three Powerful FOREX patterns {download}

add these to your understanding of Post#647 "big candles, small candles.." and expand your price action knowledge then continue with practice, practice, practice.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,532
  • Aug 21, 2020 8:46am Aug 21, 2020 8:46am
Quoting emmanuel7788
{quote} the OP once said this: "I hate to monitor charts anyway. Even if I scalp the market I use 4hr charts with success...." why not you consider scalp the H4 BEOB and BUOB candles when you get the alerts. do your own backtests and study old charts with the Price Action AHA indicator set to 'show history' ... 'History=true'. You need to make sure the BEOB and BUOB candles are true REVERSAL candles with Stoch cross signal and the TDI RSI green price line to confirm the REVERSAL. PriceAction AHA v2.0 {download}...
Hi Emmanuel,
What post can I find the download for your current bar chart indicator? Also, how do you switch between HA and the bar chart you use for your entries? I'm just looking to add some of these indicators you use to my charts.
  • #107,533
  • Aug 21, 2020 9:36am Aug 21, 2020 9:36am
EURAUD H1 +20 pips
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"Successful investing takes time, discipline and patience."-Warren Buffet
  • #107,534
  • Aug 21, 2020 10:36am Aug 21, 2020 10:36am
Quoting emmanuel7788
{quote} 40 pips is nice. I see that's a H4 continuation trade. ... PA show higher high higher low ... the push high, then the classic correction 1-2-3 Joe Ross TTE.. just one of many the Price Action which TMS traders can learn and apply when trading. Using the HA candles PA and 5EMA make it easier to see. {image}
Hi Emmanuel,
you still rockin, glad to see you still helping in this thread, I guess trading is second nature to u now, pipin and teaching, keep it up, and kados to u
I Have Learned to Take Some Losses to Make Profits
  • #107,535
  • Aug 21, 2020 2:21pm Aug 21, 2020 2:21pm
Quoting DrDave
{quote} Update: the down move has now gone far enough that H4 should be of interest to you.
Update: the down move has now gone far enough that H16 should be of interest to you with focus on the H1 rally.
To free Gazans of Hamas, use whatever it takes.
  • #107,536
  • Aug 21, 2020 5:58pm Aug 21, 2020 5:58pm
Quoting FakeDrDave
{quote} Update: the down move has now gone far enough that H16 should be of interest to you with focus on the H1 rally.
GBPUSD Aug 21 Close

Keep It Simple: There is no H16 in Trading Made Simple. And if you know the language of the markets, that is New York closing hour so close your trades and walk away. There wont be any H1 rally with no more buyers

Weekly made a new high and hit a historical level and pulls back ... look at my H1 chart, looks like the golden arches.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Aug 21 WCC H1 update 22-8-2020 6-39-37 am.png Size: 76 KB


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,537
  • Aug 21, 2020 6:25pm Aug 21, 2020 6:25pm
Quoting TheScorpS
{quote} Hi Emmanuel, you still rockin, glad to see you still helping in this thread, I guess trading is second nature to u now, pipin and teaching, keep it up, and kados to u

well, trading the markets is a lifelong journey and the learning never stops.

many good members came and left, I am here to share my part of my journey and whoever wants to travel this journey of the OP and to continue on their own.
Attached Image
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,538
  • Aug 21, 2020 6:38pm Aug 21, 2020 6:38pm
Quoting jaik1211
{quote} Hi Emmanuel, What post can I find the download for your current bar chart indicator? Also, how do you switch between HA and the bar chart you use for your entries? I'm just looking to add some of these indicators you use to my charts.
Hi Jaik

I set my chart to show as Bar Chart type and set to Foreground. This way, I see the Price Bar over the HA candle. I look at the price action of both the real Price Bars and also the HA candles.

All the PriceAction AHA alerts are based on the real Price Bars only.

But the REVERSAL candle concept for TMS 5-Method is based on the combine use of both Price Bar + HA candle.

Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,539
  • Aug 21, 2020 6:46pm Aug 21, 2020 6:46pm
Quoting drsun
EURAUD H1 +20 pips {image}

That is a very good trade and HA candle#2 entry!

You buy trade entry was a noticeable swing low - 3 bars which is Phx62' PCRF.

One bar later, also a 5-bars swing low for later entry for the NFF reversal candle traders.

You know the technical well and just need to have the discipline and the patience in the trade execution.
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD PCRF 5Bars Swing Low.png Size: 31 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,540
  • Aug 21, 2020 8:25pm Aug 21, 2020 8:25pm
Quoting kette
{quote} 100% correct what you write, I have to write that respect see footprint chart seller to buyer downward H4 and H1 {image} {image}
Footprint on Forex? Seriously?
Seems you're lost in a wrong thread........
Simplicity is the ultimate sophistication - Leonardo da Vinci
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