Trading Made Simple | Page 5643 | 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

  • #112,841
  • Dec 10, 2020 3:43am Dec 10, 2020 3:43am
Quoting PixelSniper
{quote}We can do it too guys.
Do we have a choice in the matter?
  • #112,842
  • Dec 10, 2020 3:49am Dec 10, 2020 3:49am
Quoting emmanuel7788
EYRUSD Dec 10 LO1 now - waiting .... {image}
i think to enter long after closing of current H1 candle. looks good
  • #112,843
  • Dec 10, 2020 4:06am Dec 10, 2020 4:06am
Quoting toti1985
I am short on EURNZD . enter on 1h chart on london open ( 1 hour after Frankfurt open ) I know that it is not the perfect 1st candle with strong move , but meets the other criteria.let see {image}
closed this one on BE. it seems that there is no clear direction
  • #112,844
  • Dec 10, 2020 4:29am Dec 10, 2020 4:29am
Quoting emmanuel7788
EYRUSD Dec 10 LO1 now - waiting .... {image}
do you think is good idea to enter in trade with EU when we expect some important day for the EURO ?
  • #112,845
  • Dec 10, 2020 4:52am Dec 10, 2020 4:52am
Quoting emmanuel7788
H4 has another 18 mins to close ... {image}
Hi Emmanuel, I'm really impressed with your Dashboard, is it public? If so, where can I download it?
  • #112,846
  • Dec 10, 2020 4:53am Dec 10, 2020 4:53am
Quoting Tekkies
{quote} Do we have a choice in the matter?
Maybe one day 500k$ extra to do the biggest ''yolo shot'' trade of our trading career to score something big in a single trade.
I'll do it, and it will be lots of fun.
But for now stick to the plan and grow slowly haha

G.Soros shorting the imperialists.. no offense
Attached Image
  • #112,847
  • Dec 10, 2020 5:05am Dec 10, 2020 5:05am
Quoting toti1985
{quote} do you think is good idea to enter in trade with EU when we expect some important day for the EURO ?

know the big event today, I am risk-averse type and knowing the Weekly and Daily conditions, I'll pick my trades very carefully now.

This 'bearish H1 close' is not the best candle to pick as H4 is sideways.
If there is a H1 strong reversal I will consider. But the next bullish H1 is what I'll wait for.
I look at 'empty space' to buy or sell. Selling now has no 'empty space' below. Buy looks better .

Attached Image (click to enlarge)
Click to Enlarge Name: EU Dec 10 M15 H1 close 10-12-2020 7-00-38 pm.png Size: 46 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,848
  • Dec 10, 2020 5:13am Dec 10, 2020 5:13am
EURCAD Dec 10 M15 with H1 close

- 12pm Frankfurt Sell!

Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD Dec 10 M15 with H1 close 10-12-2020 7-15-06 pm.png Size: 59 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,849
  • Dec 10, 2020 5:16am Dec 10, 2020 5:16am
Quoting emmanuel7788
{quote} HMA(12) + 5EMA will work perfectlyin harmony and to remove the TDI from the equation. Stoch + RSI crosses 50-level can be conservative and a lot 'safer' and less losers. Big E trading TMS H4 10PM, 2AM and 6AM is very different from many other traders' trading style.
this are all GMT time. Am I right?
Another question, synergy pro 2 vs tmsr. Which one you find better?
MA provides the market's current direction and strength.
  • #112,850
  • Dec 10, 2020 5:36am Dec 10, 2020 5:36am
Quoting hasib
{quote} this are all GMT time. Am I right? Another question, synergy pro 2 vs tmsr. Which one you find better?

No.

Big E location is Portland, Oregon GMT-8 PDT

3 hours behind New York EST.

Synergy_Pro is good for me I have the discipline discipline to trade it.

TMS(r) also good but I do not prefer as I have my own trading style. which is between TMS and TMS(r)

My best system is still COWABUNGA as I know that very well.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,851
  • Dec 10, 2020 5:39am Dec 10, 2020 5:39am
Quoting emmanuel7788
{quote} know the big event today, I am risk-averse type and knowing the Weekly and Daily conditions, I'll pick my trades very carefully now. This 'bearish H1 close' is not the best candle to pick as H4 is sideways. If there is a H1 strong reversal I will consider. But the next bullish H1 is what I'll wait for. I look at 'empty space' to buy or sell. Selling now has no 'empty space' below. Buy looks better . {image}
I am stuck with my decision. I enter long on EURUSD ... according to the rules soon i should exit if there is a cross , right .
But i think that it could be only a pullback... any suggestion ?
i enter after the yellow line candle
Attached Image (click to enlarge)
Click to Enlarge Name: 5ae45bc350baa97f94ea28f7f12bba13.png Size: 34 KB
  • #112,852
  • Dec 10, 2020 5:47am Dec 10, 2020 5:47am
Quoting toti1985
{quote} I am stuck with my decision. I enter long on EURUSD ... according to the rules soon i should exit if there is a cross , right . But i think that it could be only a pullback... any suggestion ? i enter after the yellow line candle {image}

Looking at the price action now and your SL, do not fight that now.
Take the loss and look for the next trade and possibly to recover and make up for today.

Look at EURNZD and EURCAD when this current H1 closes.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,853
  • Dec 10, 2020 5:48am Dec 10, 2020 5:48am
Quoting emmanuel7788
{quote} I tried a few so called support and resistance indicators in the past but they did no suit my trading. I look at market structure and price behaviour, so I prefer to identify historical price levels where there are swing points. I look for swing points using MN and W1 charts. For 4H swing trading I use the Prev W Fib retracements levels. The Previous Week Open High Low and Close are also important for 4H swing trading. What is important is to look for CONFLUENCE of these S&Rs and also the Round Number prices . I do all these as part of my...
This talks about cowbunga strategy,do u still use previous week fib zones to trade EMM?
  • #112,854
  • Dec 10, 2020 5:52am Dec 10, 2020 5:52am
Quoting toti1985
{quote}I can not enter on candle 1
Other example.
Wait for the trade to come to you. It will find you with the "checklist" you have made.
Attached Image (click to enlarge)
Click to Enlarge Name: empty.PNG Size: 73 KB
  • #112,855
  • Dec 10, 2020 5:56am Dec 10, 2020 5:56am
Quoting Tekkies
{quote} Other example. Wait for the trade to come to you. It will find you with the "checklist" you have made. {image}
What do you look at Stoch again?
  • #112,856
  • Dec 10, 2020 6:05am Dec 10, 2020 6:05am
Quoting T4Trade
{quote} This talks about cowbunga strategy,do u still use previous week fib zones to trade EMM?
No. I use Weekly ATR to see the % zones nothing to do with fibonacci.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,857
  • Dec 10, 2020 6:09am Dec 10, 2020 6:09am
USDJPY Dec 10 H1

- careful with this one
- how safe is this?

Attached Image (click to enlarge)
Click to Enlarge Name: UJ Dec 10 M15 w H1 close 10-12-2020 8-06-50 pm.png Size: 40 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,858
  • Dec 10, 2020 6:11am Dec 10, 2020 6:11am
Quoting toti1985
{quote} I am stuck with my decision. I enter long on EURUSD ... according to the rules soon i should exit if there is a cross , right . But i think that it could be only a pullback... any suggestion ? i enter after the yellow line candle {image}
I look at 'empty space' to buy or sell. Selling now has no 'empty space' below. Buy looks better .
Is that why you have placed a buy trade?
Did you follow your own rules (checklist) or the option of other trader's.
Now you start to look at cowbunga.

What are you going to try next?
Stop trading for now, you are going to make more mistakes.
Maybe I am negative, you are not ready to trade until you have a clear understand what you want and how you want to get there.
  • #112,859
  • Dec 10, 2020 6:15am Dec 10, 2020 6:15am
TMS Monitor H1

select the 'tree' then

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Mon H1 8pm 10-12-2020 8-09-28 pm.png Size: 28 KB

wait for the M15

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Mon Dec 10 M15 8pm10-12-2020 8-14-32 pm.png Size: 26 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,860
  • Dec 10, 2020 6:19am Dec 10, 2020 6:19am
Quoting PixelSniper
{quote} What do you look at Stoch again?
To confirm direction of intended trade.
----
Got four confirmations that price want to go down. 2*TDI green, 2*stoch
69 traders viewing now