Trading Made Simple | Page 5558 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

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

MTF Indicators for the 'Trading Made Simple' system 241 replies

Trading Made Simple system follower - Thanks to eelfranz 9 replies

Attachments: Trading Made Simple
Exit Attachments

Trading Made Simple

  • #111,141
  • Nov 16, 2020 12:08am Nov 16, 2020 12:08am
Quoting hasib
Hi Tekkies your right I could have get around 14 to 15 pips with the TMS system. have a look is this entry and exit is ok according to your understanding. {image}

tell me how much money do you want to make a day?

I will show you the Money Management Strategy.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,142
  • Nov 16, 2020 12:15am Nov 16, 2020 12:15am
Quoting hasib
Hi Tekkies your right I could have get around 14 to 15 pips with the TMS system. have a look is this entry and exit is ok according to your understanding. {image}
Where did you enter those trades Hasib? (Use arrow to show entry point.)
---
No trade on first line. Stoch does not confirm direction.
Second line, to late, TDI has crossed over 6 bars before.
(Now you look in hindsight at that chart and see nice trend direction. It does not work like that.)
  • #111,143
  • Nov 16, 2020 12:31am Nov 16, 2020 12:31am
Quoting hasib
Hi Tekkies your right I could have get around 14 to 15 pips with the TMS system. have a look is this entry and exit is ok according to your understanding. {image}
GBPUSD Nov 16 M15

looking at those sell levels, did you sell early today when New York open at 5pm ?

did you see the price GAP?

that TDI is blind... it follows the Close price 'blindly' after the GAP.

the OP did not trade the New York open on Sundays for several reasons.


Attached Image (click to enlarge)
Click to Enlarge Name: hasib GBPUSD sell GAP 16-11-2020 4-21-58 pm.png Size: 377 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,144
  • Nov 16, 2020 12:37am Nov 16, 2020 12:37am
Quoting Tekkies
{quote} Where did you enter those trades Hasib? (Use arrow to show entry point.) --- No trade on first line. Stoch does not confirm direction. Second line, to late, TDI has crossed over 6 bars before. (Now you look in hindsight at that chart and see nice trend direction. It does not work like that.)

it does not matter what the M15 Stoch and TDI shows....

New York 5pm open and the price GAP down.....

climb higher see farther .... see the bigger picture

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Nov 16 pipware 16-11-2020 4-35-31 pm.png Size: 62 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,145
  • Nov 16, 2020 1:16am Nov 16, 2020 1:16am
Quoting kaca33
[quote = kaca33; 13264410] {quote} živý obchod [/ quote] video
Keep up the good work, kaca33!
To free Gazans of Hamas, use whatever it takes.
  • #111,146
  • Nov 16, 2020 1:25am Nov 16, 2020 1:25am
Going down with TDI setup on both chart's.
M15 is late by 30 min, had to wait for H1 to confirm direction.
Attached Image (click to enlarge)
Click to Enlarge Name: dewdsd.PNG Size: 50 KB
  • #111,147
  • Nov 16, 2020 1:42am Nov 16, 2020 1:42am
Quoting emmanuel7788
{quote} GBPUSD Nov 16 M15 looking at those sell levels, did you sell early today when New York open at 5pm ? did you see the price GAP? that TDI is blind... it follows the Close price 'blindly' after the GAP. the OP did not trade the New York open on Sundays for several reasons. {image}
Brother Emmanuel your right that was a bad trade, I have open that trade the previous week in my demo account and I don't even give stop, trade is running and I have close it today with a loss. This is the platform where I install a new indicator and test.

You are also right I should don't open a bad trade too and bad trade develops a bad habit. I should not trade Us close time.
MA provides the market's current direction and strength.
  • #111,148
  • Nov 16, 2020 1:45am Nov 16, 2020 1:45am
Quoting Tekkies
Going down with TDI setup on both chart's. M15 is late by 30 min, had to wait for H1 to confirm direction. {image}
Nice trade Tekkies. It seems like you make a profit from both sides today.
I think your buy trade was not in the directions of the H1 am I right.
MA provides the market's current direction and strength.
  • #111,149
  • Nov 16, 2020 1:52am Nov 16, 2020 1:52am
Quoting Tekkies
{quote} Hasib. Please forget about how much pips you have made, could. Follow the rules of your method, they will give you the pips you seek. They don't, find the problem and fix the problem. It is a long slow process, BigE did all the hard work, you need to fine tune that which he gave to your understanding.
Thanks, I am doing it. I am also learning from everyone here. You are having lots of nice trade.
MA provides the market's current direction and strength.
  • #111,150
  • Edited 2:21am Nov 16, 2020 2:00am | Edited 2:21am
Quoting hasib
{quote} Nice trade Tekkies. It seems like you make a profit from both sides today. I think your buy trade was not in the directions of the H1 am I right.
Hasib, what buy trade?
The post your replying to has a sell trade. Previous post had a buy trade.
Both chart's (look again, please) both TDI's are going in the same direction.
----
Have closed the sell trade. By the looks of it EU is going into consolidation. TDI with New York open wil show me what to do. Until then no trades.
Attached Image

Missing out on a good trade between now and NY open is not the end of the world. Can always find other trade later or the next day.

Hasib
Why not jump into another sell trade with M15 speeding down and H1 is only on candle two after crossover
Look at support level, price has to break past that level. Until then stay out. NY open can break that level or not.
Attached Image (click to enlarge)
Click to Enlarge Name: whyerede.PNG Size: 20 KB
  • #111,151
  • Nov 16, 2020 2:42am Nov 16, 2020 2:42am
Quoting hasib
{quote} Thanks, I am doing it. I am also learning from everyone here. You are having lots of nice trade.
Although I don't trade this strategy, I am really surprised about how your acc went almost blew up last week. I think the people here are also teaching you same idea - patience and not aim too high, esp as beginners.
  • #111,152
  • Nov 16, 2020 3:59am Nov 16, 2020 3:59am
Quoting tommydoginti
{quote} Although I don't trade this strategy, I am really surprised about how your acc went almost blew up last week. I think the people here are also teaching you same idea - patience and not aim too high, esp as beginners.

Although you dont trade this strategy....what are you doing here fool....maybe to tell someone about your stupid strategy and confuse them more...this strategy though not perfect is not what is losing members money...not knowing how to trade it is what is losing them money....there is no holy grail...you can win five trades and loss five trades and still be successful...

apart from teaching people about strategy...it is important to teach them especially newbies about money management and how RR can help their account...i hate it when people come here and instead of motivating others or bringing something useful to help other traders...they only focus on what you are not doing well and talk you down....No matter how people attack Emmanuel 7788...he is one of the members that have been here long with the aim of helping members positively...bringing positive vibes to help other traders....
  • #111,153
  • Nov 16, 2020 4:20am Nov 16, 2020 4:20am
Quoting emmanuel7788
{quote} it does not matter what the M15 Stoch and TDI shows.... New York 5pm open and the price GAP down..... climb higher see farther .... see the bigger picture {image}
your opinion
Attached Image (click to enlarge)
Click to Enlarge Name: gbpaud-h4-monecor-london-ltd33.png Size: 125 KB
  • #111,154
  • Nov 16, 2020 4:28am Nov 16, 2020 4:28am
Hi all the good people around FF especially in this thread.

I want to update my situation here, As you know I am going to take the prop firm Challenge soon.
I have almost developed my trading Strategy, I have to test more and more to improve it. I should say Improve my understanding of the system and different market conditions with the same system. I will not trade a few specific market conditions because my system could not perform well in those market conditions.
I have decided to be more focused on the 3-time frame but from time to time I will watch 5 timeframe to understand market conditions.

Since Challenge is making 10% in a month, I have to trade very carefully I can't lose much Because if I lose more I have to make more to get my target.

That is why I decided not to trade Gold and US30. I will focus on the EU, EJ, gu, gj, more.
I have seen a few traders pass the prop firm challenge trading 2 pairs.

I have 100% develop my Money management plan.

I have read in The Daily Trading Coach every trader should develop a Psychological Journal, I am developing one now. Have look. Suggest anything that you think important. Most importantly you can use this journal for yourself too. It will improve your performance.
Any suggestions are welcome.

Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.png Size: 75 KB
MA provides the market's current direction and strength.
  • #111,155
  • Nov 16, 2020 4:33am Nov 16, 2020 4:33am
Quoting vol75group
{quote} Although you dont trade this strategy....what are you doing here fool....maybe to tell someone about your stupid strategy and confuse them more...this strategy though not perfect is not what is losing members money...not knowing how to trade it is what is losing them money....there is no holy grail...you can win five trades and loss five trades and still be successful... apart from teaching people about strategy...it is important to teach them especially newbies about money management and how RR can help their account...i hate it when people...
The blind leading the blind?
Don't see that you are trading this method either, got any TMS trades you can post?
  • #111,156
  • Nov 16, 2020 4:38am Nov 16, 2020 4:38am
Quoting vol75group
{quote} Although you dont trade this strategy....what are you doing here fool....maybe to tell someone about your stupid strategy and confuse them more...this strategy though not perfect is not what is losing members money...not knowing how to trade it is what is losing them money....there is no holy grail...you can win five trades and loss five trades and still be successful... apart from teaching people about strategy...it is important to teach them especially newbies about money management and how RR can help their account...i hate it when people...
I don't think I have said something against the strategy. I think you should check out my interaction with Hasib in other threads and READ CAREFULLY my reply.

I am saying patience and not aiming too high as a beginner in trading, evident by the need to develop a strategy. TMS can be profitable I have no doubt. Hasib had a 10% gain earlier that's why he pursuits for prop challenge.

I don't need to tell you anything about my strategies.
  • #111,157
  • Nov 16, 2020 4:43am Nov 16, 2020 4:43am
Hey, all new members don't focus on my Test Trade explorer I have trade that accounts just to get a 10% return in a month. I have got 10% return within 15 days. After that, I did not trade that account seriously I have open too much big lot I have done too much over trading with that account. This all is a bad habit that I have in my inside. I have to develop a Checklist to avoid those problems. I am working on it. And most importantly I don't trade the TMS system with that test account. Don't blame TMS for that loss and That was a demo account, The purpose of a demo account is experimenting with new ideas. trade well.
MA provides the market's current direction and strength.
  • #111,158
  • Nov 16, 2020 4:44am Nov 16, 2020 4:44am
Quoting kaca33
{quote} your opinion{image}
TMS_V19 show me a lot more information to confirm the H4 sell

TMSDI WatchDog also confirm the set was good.... that bounce 13.8 was great!


Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUD Nov 16 TMS_v19 16-11-2020 8-39-12 pm.png Size: 72 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,159
  • Nov 16, 2020 4:48am Nov 16, 2020 4:48am
Quoting hasib
Hi all the good people around FF especially in this thread. I want to update my situation here, As you know I am going to take the prop firm Challenge soon. I have almost developed my trading Strategy, I have to test more and more to improve it. I should say Improve my understanding of the system and different market conditions with the same system. I will not trade a few specific market conditions because my system could not perform well in those market conditions. I have decided to be more focused on the 3-time frame but from time to time I will...

how long is the Challenge?

start date and end date?

do you have more detailed information of the prop firm Challenge ? post them here.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,160
  • Nov 16, 2020 4:55am Nov 16, 2020 4:55am
Quoting vol75group
{quote} Although you dont trade this strategy....what are you doing here fool....maybe to tell someone about your stupid strategy and confuse them more...this strategy though not perfect is not what is losing members money...not knowing how to trade it is what is losing them money....there is no holy grail...you can win five trades and loss five trades and still be successful... apart from teaching people about strategy...it is important to teach them especially newbies about money management and how RR can help their account...i hate it when people...
No matter how people attack Emmanuel 7788...he is one of the members that have been here long with the aim of helping members positively...bringing positive vibes to help other traders...

No, that is not correct. His MAIN aim is to receive ego strokes. His secondary aim is to tear down anyone that contradicts what he says. If someone HAPPENS to feel that they have been helped by something he posted, it was NOT because that was the goal.

I don't know of anyone that feels "positive vibes" from posts like:
#100,179
"Post#99,902 is another of your crap nonsense posted here."

#100,183
you can read when you are not smoking that stuff that impair your reading and brain function.

#100,207 February 3, 2020
STFU and let the members talk and discuss trading.

#100,222 Feb 3, 2020
when you are not contributing anything to ongoing discussion better STFU.

But maybe you find those words quite uplifting and they give you those "positive vibes".
To free Gazans of Hamas, use whatever it takes.
49 traders viewing now