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Trading Made Simple

  • #113,841
  • Dec 24, 2020 8:07pm Dec 24, 2020 8:07pm
Quoting firsttimer
{quote} good example of trading H4 in gu. however i want to ask if placing sl at the low of candle before entry candle is realistic? i used to do that when i first started but realised its not so realistic especially for pairs like gu. I didnt take this as i usually like to put my sl below a swing low. so i skipped this due to poor RR ratio. i do agree that 1.345 area is first tp zone. as u know gu is a really volatile pair, with brexit news etc, spikes happen easily hunting all sl.
Quoting emmanuel7788
{quote} there are several ways to trade that breakout and the initial SL will be different. - 1) use price action analysis approach, the two bars/candles back for SL will work, but you must look at the price action inside the high-low of the Master Candle. - 2) use 2 x ATR(H4) which will be 2 x 60 pips, then do your Position Size - 3) use the low of the Master Candle as you 'safe' SL and do your Position Size go with your experience and statistics.
Now we can compare different EP, SL and TPs.

1) 5R trade
Attached Image (click to enlarge)
Click to Enlarge Name: GU Dec 24 MC3 BO EP SL TP 5R 25-12-2020 10-03-49 am.png Size: 83 KB


2) 1R trade

Attached Image (click to enlarge)
Click to Enlarge Name: GU Dec 24 MA EP SL TP 1R trade 25-12-2020 10-02-22 am.png Size: 81 KB


Is there anything in between a 5R trade and a 1R trade?
YES, there are plenty other entries and exits strategies.

Just make the necessary transition to trading once every 4 hours and the daily according to your trading business hours.

Stay Tuned and you will learn more in 2021.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #113,842
  • Dec 25, 2020 2:22am Dec 25, 2020 2:22am
Merry Christmas all
MA provides the market's current direction and strength.
  • #113,843
  • Dec 25, 2020 3:34am Dec 25, 2020 3:34am
Merry Christmas people.
This thread and the people here teached me a lot and expanded my mind with the forex stuff.
Keep up the good work, I wish you all a great and healthy new year!
  • #113,844
  • Dec 25, 2020 12:34pm Dec 25, 2020 12:34pm
Kindly check also my simple method:
https://www.forexfactory.com/thread/...-action-system
"Exchange of hands"
  • #113,845
  • Dec 26, 2020 2:24am Dec 26, 2020 2:24am
There are great traders, great students of those traders, and they are always improving things, creating better strategies, modifying and improving what they do, perfecting their craft. There are a few who can actually teach what they do that makes or made them successful enough to help others. Then there are limitless numbers of people who do not know how to learn, cannot teach worth a crap, and sit around telling everyone else how it "can't" be done. Trader discretion is the ONE thing that sets a masterful trader apart from all other traders. SOMETIMES they know what it is they are doing "instinctively" or "intuitively" sometimes they don't. IF they do, they can teach that part of trading to others who can then improve on it, make it "their own" and hopefully help others.

The Dance
I like and inspire by that thread.
MA provides the market's current direction and strength.
  • #113,846
  • Dec 26, 2020 4:08am Dec 26, 2020 4:08am
Hi. Just stumbled on this thread. A great place to learn about trading. Hope to improve on trading this coming year. Much respect to the one who started the thread.
  • #113,847
  • Dec 26, 2020 11:13am Dec 26, 2020 11:13am
Quoting Floxzy9
Hi. Just stumbled on this thread. A great place to learn about trading. Hope to improve on trading this coming year. Much respect to the one who started the thread.
If you want to learn about ways to trade using the TDI indicator, there are MUCH better threads for that. Just use the search function to find them.

This thread was started to ONLY talk about the 5-method of BigE, but it has gone so far off track and contains so many posts that have nothing to do with trading at all that it will likely not yield much benefit to you compared to the amount of time you put in here.
To free Gazans of Hamas, use whatever it takes.
  • #113,848
  • Dec 26, 2020 12:51pm Dec 26, 2020 12:51pm
This man tried to scam me. I put him on my ignore list. after that, he comes in this thread and Talks bad about me.
Look FF Understand his intentions.
FF Revoked his Membership.
Thanks, forex factory.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.png Size: 103 KB
MA provides the market's current direction and strength.
  • #113,849
  • Dec 26, 2020 12:59pm Dec 26, 2020 12:59pm
Quoting DrDave
{quote} If you want to learn about ways to trade using the TDI indicator, there are MUCH better threads for that. Just use the search function to find them. This thread was started to ONLY talk about the 5-method of BigE, but it has gone so far off track and contains so many posts that have nothing to do with trading at all that it will likely not yield much benefit to you compared to the amount of time you put in here.
sir if you could explain it elaborately we could learn.
I want to know when the market talks and how it talks.
what is the language of the market.

AS far as I know, chart analyst usually says chart said everything they want. I am learning New concept from you that Market can talks.
I think if you could explain your concept a little elaborately with screenshort It would be better for Everyone here.
MA provides the market's current direction and strength.
  • #113,850
  • Dec 26, 2020 1:28pm Dec 26, 2020 1:28pm
Quoting DrDave
{quote} If you want to learn about ways to trade using the TDI indicator, there are MUCH better threads for that. Just use the search function to find them. This thread was started to ONLY talk about the 5-method of BigE, but it has gone so far off track and contains so many posts that have nothing to do with trading at all that it will likely not yield much benefit to you compared to the amount of time you put in here.
Thanks for the feedback. Will embark on a search.
  • #113,851
  • Dec 26, 2020 2:41pm Dec 26, 2020 2:41pm
Quoting DrDave
{quote} If you want to learn about ways to trade using the TDI indicator, there are MUCH better threads for that. Just use the search function to find them. This thread was started to ONLY talk about the 5-method of BigE, but it has gone so far off track and contains so many posts that have nothing to do with trading at all that it will likely not yield much benefit to you compared to the amount of time you put in here.
Oh my -- and this from the prick with over 2471 posts to this thread, alone!!

Attached Image (click to enlarge)
Click to Enlarge Name: DrDave-2471-Posts.png Size: 410 KB

@DrDick -- this thread's poop master -- I've been doing my best to maintain a distance but with your latest post my hypocrisy detector meter went off scale. You must have had a good chuckle as you uploaded that comment about this thread "containing so many posts that have nothing to do with trading". You've only been posting here a few months and already are #3 on the list -- quickly closing in on @Tekkies #2. And your concern about @Floxzy9 wasting his/her time was truly sincere -- you have such a big heart...
  • #113,852
  • Dec 26, 2020 4:21pm Dec 26, 2020 4:21pm
Quoting hasib
{quote} sir if you could explain it elaborately we could learn. I want to know when the market talks and how it talks. what is the language of the market. AS far as I know, chart analyst usually says chart said everything they want. I am learning New concept from you that Market can talks. I think if you could explain your concept a little elaborately with screenshort It would be better for Everyone here.
Start here and continue and you will see several screen captures..
To free Gazans of Hamas, use whatever it takes.
  • #113,853
  • Dec 26, 2020 4:28pm Dec 26, 2020 4:28pm
Quoting robots4me
{quote} Oh my -- and this from the prick with over 2471 posts to this thread, alone!! {image} @DrDick -- this thread's poop master -- I've been doing my best to maintain a distance but with your latest post my hypocrisy detector meter went off scale. You must have had a good chuckle as you uploaded that comment about this thread "containing so many posts that have nothing to do with trading". You've only been posting here a few months and already are #3 on the list -- quickly closing in on @Tekkies #2. And your concern about @Floxzy9 wasting his/her...
Emmanuel 24k posts? Wow...man.. my fingers would crunch and brain would melt.
So much time spent (⌐■_■) Holy moly guacamolly!
There are better things to do and enjoy in life... ma man...
  • #113,854
  • Dec 26, 2020 5:03pm Dec 26, 2020 5:03pm
Quoting PixelSniper
{quote} Emmanuel 24k posts? Wow...man.. my fingers would crunch and brain would melt. So much time spent (⌐■_■) Holy moly guacamolly! There are better things to do and enjoy in life... ma man...

PixelSniper ... your fingers did not crunch yet and you brain had not melted.

Of course, there are better things to do when the markets are closed.

Enjoy the festive holidays.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #113,855
  • Dec 26, 2020 5:03pm Dec 26, 2020 5:03pm
relaxing ...


Inserted Video
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #113,856
  • Dec 26, 2020 5:25pm Dec 26, 2020 5:25pm
EURUSD Closed 1.2180 ...

do you expect at gap up when market opens?

Attached Image (click to enlarge)
Click to Enlarge Name: EU Dec24 closed 27-12-2020 7-07-30 am.png Size: 58 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #113,857
  • Dec 26, 2020 5:26pm Dec 26, 2020 5:26pm
Quoting emmanuel7788
EURUSD Closed 1.2180 ... do you expect at gap up when market opens? {image}

this broker shows a M15 gap at Dec 24 Close.

Attached Image (click to enlarge)
Click to Enlarge Name: EU CI close M15 gap 27-12-2020 7-25-01 am.png Size: 18 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #113,858
  • Dec 26, 2020 5:33pm Dec 26, 2020 5:33pm
Quoting Floxzy9
Hi. Just stumbled on this thread. A great place to learn about trading. Hope to improve on trading this coming year. Much respect to the one who started the thread.

when you spend 3 to 5 hours every day for the next 2 to 3 years, you will learn many things about trading and also about yourself.

do you have your Blueprint For Trading Success written down?

do you have a list of things you want to spend your time learning?

do you have your plan for Financial Independence and Financial Freedom? these two are different and you need to plan for both.

Attached Image (click to enlarge)
Click to Enlarge Name: Financial Independence and Financial Freedom.png Size: 1.1 MB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #113,859
  • Dec 26, 2020 5:37pm Dec 26, 2020 5:37pm
Quoting Floxzy9
Hi. Just stumbled on this thread. A great place to learn about trading. Hope to improve on trading this coming year. Much respect to the one who started the thread.
2020 will come to its end in a few days,

in the next few days, we can make our plans for 2021.

in your own trading, shall we all plan to go somewhere we have never been to before?


Attached Image
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #113,860
  • Dec 26, 2020 5:41pm Dec 26, 2020 5:41pm
Quoting emmanuel7788
well the first 2 trading days of the new year has just closed and we witnessed the non-calendar event of the week. are you prepared with a new trade plan to trade in the Perfect Storm 2020 next week will be the first full week of the year with complete 5 trading days ... liquidity will return as the markets resume after the festive holidays. the question is not whether Trading Made Simple will survive in 2020, but the hard truth really is how well will your own trading made simple system survive the Perfect Storm 2020. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: TradingMadeSimple into the Perfect Storm 2020.png Size: 302 KB


with just another 4 trading days left,

did your trading accounts survive the perfect storm?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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