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Monitor for 'Trading Made Simple' system 565 replies

Trading Made Simple the right way, and other trading lessons 334 replies

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Trading Made Simple system follower - Thanks to eelfranz 9 replies

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Trading Made Simple

  • #108,401
  • Sep 14, 2020 8:18am Sep 14, 2020 8:18am
Quoting emmanuel7788
{quote} EURUSD Sep 14 when you have done your trading system development, you will know when to trade, what to trade , and you will have your own answers to 1) and 2). here is today' EURUSD example, I look at Daily, the price action shows it has a Inside Bar ... to me that the CONSOLIDATION. Check the high-low range and to see if you can trade M15 today with a view to the H4 Price Action. D1 HA candle is above its 5EMA and we are in the 3rd HA candle today after the change in phase. Now we look at M15 our trading timeframe with the H4 candle in...
Yes I think was ready for buy bcoz tdi have good corss and candle good on m15 right
  • #108,402
  • Sep 14, 2020 8:31am Sep 14, 2020 8:31am
Quoting DrDave
{quote} If that is what you decided is your trading plan, then that is exactly what you do. Then you make a lot of trades with your trading plan and analyze the results. The results will then guide you as to whether you want to modify your plan or leave it as it is and continue trading to gather more data. Because, as W. D. Gann said, every instrument has its own personality, you must test your trading plan on each instrument to determine if it is applicable to that instrument. Because you are looking at daily and H1, you can even do visual backtesting...
Thank you
Yes what's why try ask about bcoz I am long long time follow here about tdi Indicator but still so hard for my trades of it but still try!!
  • #108,403
  • Sep 14, 2020 12:15pm Sep 14, 2020 12:15pm
Quoting foxali300
{quote} Yes I think was ready for buy bcoz tdi have good corss and candle good on m15 right
you have not learn EVERYTHING from all the OP posts especially his old thread.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,404
  • Sep 14, 2020 12:34pm Sep 14, 2020 12:34pm
Linda Raschke’s 12 trading rules:

  1. Don’t let a small losing trade turn into a big losing trade.
  2. Let your winner run as far as it will go but exit on reversal signals.
  3. Put your trades down on paper.
  4. The farther away the future, the more unknownable it is.
  5. Formal education is not a requirement for trading success.
  6. Experience can lead to success but not perfection.
  7. Even a profitable system can’t be followed without emotional discipline.
  8. Do the work, focus on learning from experienced traders and the market.
  9. Expect a swing trade to last 2-3 days but let it run 10 days or more when it is a big winner.
  10. Price action creates patterns. Your job is to trade the patterns correctly.
  11. Losing small is a skill so your profits are bigger than your losses.
  12. You must have the right attitude to deal with losses and setbacks.

Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,405
  • Sep 14, 2020 12:38pm Sep 14, 2020 12:38pm
Quoting emmanuel7788
{quote} EURUSD Sep 14 when you have done your trading system development, you will know when to trade, what to trade , and you will have your own answers to 1) and 2). here is today' EURUSD example, I look at Daily, the price action shows it has a Inside Bar ... to me that the CONSOLIDATION. Check the high-low range and to see if you can trade M15 today with a view to the H4 Price Action. D1 HA candle is above its 5EMA and we are in the 3rd HA candle today after the change in phase. Now we look at M15 our trading timeframe with the H4 candle in...
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Sep 14 M15 H4 w D1 14-9-2020 1-52-47 pm.png Size: 61 KB



EURUSD Sep 14 Trades closed

- I dont wait for FO because I have TOK_5H high-low range breakout to trade

- 2 batches and contributed to achieving my 52% of my daily money target.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Sep 14 M15 in H4 trades closed 15-9-2020 1-19-05 am.png Size: 44 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,406
  • Sep 14, 2020 12:42pm Sep 14, 2020 12:42pm
Quoting emmanuel7788
{quote} you have not learn EVERYTHING from all the OP posts especially his old thread.
I was try alot time learn but I feel hard for my yes maybe I follow here from2013 what's why now try start share here bit!!
  • #108,407
  • Sep 14, 2020 12:57pm Sep 14, 2020 12:57pm
Quoting foxali300
{quote} I was try alot time learn but I feel hard for my yes maybe I follow here from2013 what's why now try start share here bit!!
since 2013 ... that quite long time since.

when eelfranz started posting in Forex Factory in 2008 he considered himself a newbie in forex trading but he was not newbie trader... he traded the stock markets for about 10 years and he attended many trading seminars and workshops on trading... he has a lot of knowledge and experience which we do not see.

this is why I keep telling people here Follow the Trading Journey of Big E and learn EVERYTHING from him... that's the most important reason to be in this thread.

this thread is not just about trading the TDI cross.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,408
  • Sep 14, 2020 1:23pm Sep 14, 2020 1:23pm
Quoting emmanuel7788
{quote} since 2013 ... that quite long time since. when eelfranz started posting in Forex Factory in 2008 he considered himself a newbie in forex trading but he was not newbie trader... he traded the stock markets for about 10 years and he attended many trading seminars and workshops on trading... he has a lot of knowledge and experience which we do not see. this is why I keep telling people here Follow the Trading Journey of Big E and learn EVERYTHING from him... that's the most important reason to be in this thread. this thread is not just about...
Yes sad he died God bless him eelfranz I know that so so long time for forex and my big problem I take all this time and still feel not understand things ha ha sorry!!
  • #108,409
  • Sep 14, 2020 6:39pm Sep 14, 2020 6:39pm
Quoting foxali300
{quote} Yes sad he died God bless him eelfranz I know that so so long time for forex and my big problem I take all this time and still feel not understand things ha ha sorry!!
trading the markets is a very difficult business to make money. some people will tell you this HARD TRUTH while many others will lie about trading for a living.

like the Op Big E said in one of his early posts: #296
"
Learning to trade is a lifetime process. Develop a trading system that fits you and practice, practice, practice. When your confident... go live.
....
I profit every day by using Stochastics. I hope you will too. It's just part of the puzzle.
"

I believe in his post #296 and I made the right decision and developed several systems based on his 5-Method. I learned his approach how he developed his 5-Method and I know from my own system development experience that his 5-Method trading methodology is simple and I use that same methodology to developed 3 systems to trade in different market type conditions.
You want to succeed then you have to follow the OP and learn from him and his trading journey in Forex Factory, and after that you will have to move on in your own journey. Never stop learning. Do No limit yourself to just what the OP Big Had posted in Forex Factory.

Many of the members who started here when the OP was alive have given and moved on.

One example is 2scoops whom Big E considered him AAA+++ . See post #108,177

You need to make that decision how you want to continue fro here.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,410
  • Sep 14, 2020 6:50pm Sep 14, 2020 6:50pm
Quoting foxali300
{quote} Yes I think was ready for buy bcoz tdi have good corss and candle good on m15 right
here is my USDJPY trade done yesterday.

Study my chart below with the entries and exits. Do you know the reason why I took that trade setup?

USDJPY Sep 14 trades closed.

- its intraday trading M15 (one of my 3 systems based on the 5-Method)

- I traded 5 pairs yesterday and that's the maximum number of pairs I can have open positions at any one time during the trading day.

- one pair was a loser, 4 pairs winners.

- I avoid over trading and not to exceed the maximum amount RISK money per day.

- these USDJPY trades contributed 13.8% to my daily money target

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Sep 14 M15 in H4 trades closed 15-9-2020 1-25-24 am.png Size: 41 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,411
  • Sep 14, 2020 7:22pm Sep 14, 2020 7:22pm
Quoting eelfranz
Your safest trades will always be when green crosses red and you enter on candle 1 or 2... odds are in your favor. Why? Because I'm expecting 3-8 candles... which is average... With bounce trades the odds are lower for your success... but it still works. When wanting to enter a TDI trade... take a moment first to observe basic 4x things... like: 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...

Post#647 big candle and small candle

USDJPY Sep 15 H4 candles

I see a big candle and a small candle

and the APB/HA candle count... it is the no. 8th H4 HA candle after the last REVERSAL setup candle.

That small H4 candle is an Inside Bar but not any IB .. it is a NR4IB ...( narrowest of recent 4 bars)

I have a trade plan to trade this NR4IB setup in one of my systems in my Blueprint for Trading Success. Do you?

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Sep 15 M15 in H4 BG 15-9-2020 8-14-01 am.png Size: 53 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,412
  • Sep 14, 2020 8:35pm Sep 14, 2020 8:35pm
Quoting eelfranz
Your safest trades will always be when green crosses red and you enter on candle 1 or 2... odds are in your favor. Why? Because I'm expecting 3-8 candles... which is average... With bounce trades the odds are lower for your success... but it still works. When wanting to enter a TDI trade... take a moment first to observe basic 4x things... like: 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...
Post#647 big candle and small candle

GBPJPY Sep 14 BEOB and Sep 15 Tokyo Open

TMS_V19 with PriceAction AHA 2.0

Bearish Engulfing Outside Bar BEOB

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Sep 15 swing high BEOB 15-9-2020 9-31-24 am.png Size: 30 KB


Sep 15 Tokyo Open

Do you see the same H4 swing high?

Do you see H4 candle#4 breaks the low of Candle#1...

today is H4 candle#5 .. lets trade

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY Sep 15 M15 w H4 BG 5bars swing high 15-9-2020 8-40-24 am.png Size: 65 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,413
  • Sep 14, 2020 8:57pm Sep 14, 2020 8:57pm
Quoting emmanuel7788
{quote} today Sep 14 Spot Gold H1 buy entry Tokyo local time 11am

today Sep 15 Spot Gold

add-on buy entry @1950ish...

note, we are in the no.5 Daily HA candle.

if you do not want to enter after HA candle 3 then simply do not trade.
Attached Image (click to enlarge)
Click to Enlarge Name: GOLD Sep 15 H1 add-on 15-9-2020 9-56-19 am.png Size: 23 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,414
  • Sep 14, 2020 9:08pm Sep 14, 2020 9:08pm
Quoting emmanuel7788
{quote} trading the markets is a very difficult business to make money. some people will tell you this HARD TRUTH while many others will lie about trading for a living. like the Op Big E said in one of his early posts: #296 " Learning to trade is a lifetime process. Develop a trading system that fits you and practice, practice, practice. When your confident... go live. .... I profit every day by using Stochastics. I hope you will too. It's just part of the puzzle. " I believe...
yes i was feel forex so difficult business but ه said will try but now feel tired about of all this long time thats why i feel now just will bit follow !!
  • #108,415
  • Sep 14, 2020 9:11pm Sep 14, 2020 9:11pm
Sep 15 H4

when two of the three amigos (Big E') do not ride in the same direction ...

EURUSD and GBPUSD, ... the 3rd amigo is AUDUSD.

I look for trade EURGBP..

" Even if when I scalp the market I use 4hr charts with success.... " #11
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP Sep 15 M15 w H4 BG 15-9-2020 10-08-32 am.png Size: 46 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,416
  • Sep 14, 2020 9:15pm Sep 14, 2020 9:15pm
Quoting foxali300
{quote} yes i was feel forex so difficult business but ه said will try but now feel tired about of all this long time thats why i feel now just will bit follow !!

its not just the retail spot forex.

it is the same trading other markets.

you must have your Blueprint for Trading Success.

you must have your own winning trading systems developed to trade in every market type conditions ...

you can make some money trading but you must work very hard. I am retired and I am still working very hard at learning and trading everyday.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,417
  • Sep 14, 2020 9:16pm Sep 14, 2020 9:16pm
Quoting emmanuel7788
{quote} here is my USDJPY trade done yesterday. Study my chart below with the entries and exits. Do you know the reason why I took that trade setup? USDJPY Sep 14 trades closed. - its intraday trading M15 (one of my 3 systems based on the 5-Method) - I traded 5 pairs yesterday and that's the maximum number of pairs I can have open positions at any one time during the trading day. - one pair was a loser, 4 pairs winners. - I avoid over trading and not to exceed the maximum amount RISK money per day. - these USDJPY trades contributed 13.8% to my daily...
nice good job
yes the Yellow moving in tdi and bolloinger bands is Importan to use ?
  • #108,418
  • Sep 14, 2020 9:27pm Sep 14, 2020 9:27pm
Quoting foxali300
{quote} nice good job yes the Yellow moving in tdi and bolloinger bands is Importan to use ?

remember this:
the OP Big E did not use the Traders_Dynamic_Index the way Dean Malone designed that for different trading styles.

Big E only use the first version of the Traders_Dynamic_Index he got from CompassFX in 2006/2007.

He use that TDI version in the scalping mode only. He used his TDI as 'helping indicator' when he started trading GBPUSD M15 London session in his old thread.

But when he started this thread, his trading is Post#1.... H4 and H1.

Attached Image
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,419
  • Sep 14, 2020 10:12pm Sep 14, 2020 10:12pm
Quoting emmanuel7788
{quote} remember this: the OP Big E did not use the Traders_Dynamic_Index the way Dean Malone designed that for different trading styles. Big E only use the first version of the Traders_Dynamic_Index he got from CompassFX in 2006/2007. He use that TDI version in the scalping mode only. He used his TDI as 'helping indicator' when he started trading GBPUSD M15 London session in his old thread. But when...

yes was not see yollow line after see it whats why ask you how is Important with you

sorry mean if will trade 15m scalping not important and not care yellow line?
but if will trade 1h or 4h and above yellow line important like that ?
  • #108,420
  • Sep 15, 2020 1:39am Sep 15, 2020 1:39am
i have the russ horn SARA system i need help authenticating it
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