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Effortless Trading Explained + FAQ

  • #221
  • Apr 16, 2020 4:28pm Apr 16, 2020 4:28pm
Quoting IST
Dear Ato, Many thanks for an absolutety usefull concept and a very practical translation into an applicable method! Not to mention your genrous stewardship of the other thread. I noticed in your recent 1hr chart that the red/blue lines seem to have different inclines. Curious as I didnt see this discussed in your methodology. Specifically, the red line has an incline of 53 pips over 30 bars, while the blue is 77 pips over 30 bars. Could be an artifact of how MT4 vs Tradingview draws lines, but the pip/bar relationship should be consistent across...
I hear you.. The truth is I never agreed to share all of my findings.. only an important part of it.. My thinking was, the parts I shared should lead those who truly show honest effort to find much more mixed with their own way of using my tips.. My tips are helpers for you to find the light but there you are alone just like with everything in life.. In turkish we say: the meatballs you get will always be equal to the size of bread you provide..

Stay Green
Focus only on what truly matters!
  • #222
  • Apr 21, 2020 9:39am Apr 21, 2020 9:39am
Hello Mr Ata,
Thanks for the good work you are doing in sharing your trading strategy with us here.
I have read the posts and I understand the logic behind the effortless trading.

I have two questions to ask...
1. Can I use this strategy to trade Volatility Index?
2. I would like to trade 15m time frame, do I have to draw my TL with 1H or I can just draw the TL on 15m ?

The reason I mentioned Volatility Index is because of my job. When the London section is open, I will be at work till it closes but Volatile is 24/7 and I am free to trade from 18:00GMT +1.
I basically want to trade and so i am open to advices.

Thanks
  • #223
  • Apr 22, 2020 3:15am Apr 22, 2020 3:15am
Quoting Ata-Turkoglu
Here I simply want to keep it limited with only explaining my "Effortless Trading" methodology, from which I perpetually make use of. Think of this thread as a temporary "classroom" where all the answers related to my system shall be provided. The reason for creating this thread was the many questions that came as soon as I mentioned it on my "EURUSD Only" thread. Members naturally started asking questions to understand the logic and the thread was simply not the best place to share my answers to all questions at once. But here I can do that. Below...

Dear Ata,

I am new to FX Trading and trying to learn, how can I fix these settings on my System?

I am from India, If possible can you send me your contact Number by which I can get your guidelines to set it.

Regards
  • #224
  • Apr 23, 2020 8:21am Apr 23, 2020 8:21am
Hi, this is a general question about the layout of this technique in MT4. I understand one needs to remove all windows like Terminal, Market Watch, Navigator, Data Window. And then, I noticed the layout is affected depending on the size of the indicator window (MACD). Shall one go for the auto adjust (Ctrl + A) then? Thanks.

Quoting hibra68
Ata, tell me if I got it right. We are waiting for buys. {image}
  • #225
  • Apr 24, 2020 12:44pm Apr 24, 2020 12:44pm
Everything I explained so far should be a guideline for you to become a better trader.. This is not a system.. Just a bunch of useful ideas collected into a "mindset".. These are things that work for me and you can make use of this information partially or fully.. It is all up to you.. If you can't figure things out then just move on to another thread and learn what fits you better.. I have provided what I thought was enough and from here I am stopping answering questions.. My work is complete here.. Cheers

Stay Green
Focus only on what truly matters!
  • #226
  • Apr 30, 2020 9:27pm Apr 30, 2020 9:27pm
Hi Ata, am learning the ropes of the game and I found this a great place to start. All I wanted to know is what angle you are currently using for your red and blue trendlines ?
  • #227
  • May 1, 2020 6:41am May 1, 2020 6:41am
Quoting 2019mandiba
Hi Ata, am learning the ropes of the game and I found this a great place to start. All I wanted to know is what angle you are currently using for your red and blue trendlines ?
This is my final post here because these are things one could figure out by themselves.. Please forget anything I said about angles on page 1 of this thread. Instead just use your own logic to find a place where a bounce happened and use that angle as reference. It can't be more easier than that.. I showed bullish case on image below.. For bearish flip the logic.. Case closed... Good luck to all members in their trading career..

Stay Green
Attached Image (click to enlarge)
Click to Enlarge Name: AnglesFree.png Size: 26 KB
Focus only on what truly matters!
  • #228
  • May 1, 2020 7:40am May 1, 2020 7:40am
Quoting Ata-Turkoglu
{quote} This is my final post here because these are things one could figure out by themselves.. Please forget anything I said about angles on page 1 of this thread. Instead just use your own logic to find a place where a bounce happened and use that angle as reference. It can't be more easier than that.. I showed bullish case on image below.. For bearish flip the logic.. Case closed... Good luck to all members in their trading career.. Stay Green {image}
Thank you Ata for your ideas condivision. Stay well
  • #229
  • May 1, 2020 7:03pm May 1, 2020 7:03pm
Thank you Ata, this clears the air for me. Following you on your eu thread, u r an inspiration
  • #230
  • Nov 12, 2020 1:00am Nov 12, 2020 1:00am
Quoting Ata-Turkoglu
{quote} This is my final post here because these are things one could figure out by themselves.. Please forget anything I said about angles on page 1 of this thread. Instead just use your own logic to find a place where a bounce happened and use that angle as reference. It can't be more easier than that.. I showed bullish case on image below.. For bearish flip the logic.. Case closed... Good luck to all members in their trading career.. Stay Green {image}
Thanks for sharing and taking the time to put pictures and examples for us! Greatly appreciated!
Impossible I am awating for you
  • #231
  • Dec 17, 2020 8:32am Dec 17, 2020 8:32am
Food For Thoughts: Mind the GAP for better entry timing..

I constantly make use of this technique whenever I have defined my entry levels on larger time frames like the H1 or H4.. Then I step down to the M5 chart and do this just before I enter:

  1. Notice the MACD bars getting above signal line..
  2. Then notice they are diving back below.. sometimes there can be a slight gap and that's the one we avoid..
  3. Then a bar will come that has a nicely visible gap.. That's the one we are chasing..
  4. Enter at some point where you think "that's the gap my eyes are used of" and voila you will have the almost lowest entry..
  5. Flip the logic when selling..
  6. After you entered, if you still see draw down 3 candles later then the entry might turn into a loss.. Get rid of it and try for the next one.. It happens rare in trending situations though.. But that's the only warning you should take care of!

I hope it helps..

Stay Green

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-M5-Status-Update.png Size: 34 KB
Focus only on what truly matters!
  • #232
  • Dec 24, 2020 11:45am Dec 24, 2020 11:45am
You are the "bottom of man", Ata kardeş You know what I mean.

I'm new to trading and it makes me proud to see Turkish people like you and Kıvanç Özbilgiç who provide others with valuable contributions.

Thanks, man.
  • #233
  • Dec 24, 2020 1:10pm Dec 24, 2020 1:10pm
Quoting stereotomy
You are the "bottom of man", Ata kardeş You know what I mean. I'm new to trading and it makes me proud to see Turkish people like you and Kıvanç Özbilgiç who provide others with valuable contributions. Thanks, man.
In fact I know another Turkish trader living here in Seychelles with a portfolio of 2m$ trading the American stock / penny stock market.
If you work hard, why not.. Hepimize bol şans
  • #234
  • Dec 25, 2020 9:58am Dec 25, 2020 9:58am
Quoting Ata-Turkoglu
Food For Thoughts: Mind the GAP for better entry timing.. I constantly make use of this technique whenever I have defined my entry levels on larger time frames like the H1 or H4.. Then I step down to the M5 chart and do this just before I enter: Notice the MACD bars getting above signal line.. Then notice they are diving back below.. sometimes there can be a slight gap and that's the one we avoid.. Then a bar will come that has a nicely visible gap.. That's the one we are chasing.. Enter at some point where you think "that's the gap my eyes are...
Nice visual for seeing with trend pullbacks. Thanks.
  • #235
  • Jan 4, 2021 4:26am Jan 4, 2021 4:26am
Based on what u showed us in this thread. is it makes any sense what i did in my chart ?

the bold blue and red TL crossing green line will be nearest support and levels, dashed red and blue will be best place to enter?
Attached Image (click to enlarge)
Click to Enlarge Name: ata wykres do spr.JPG Size: 186 KB
  • #236
  • Jan 4, 2021 5:30am Jan 4, 2021 5:30am
Quoting Ziemowit
Based on what u showed us in this thread. is it makes any sense what i did in my chart ? the bold blue and red TL crossing green line will be nearest support and levels, dashed red and blue will be best place to enter? {image}
Ditch your classic bold red trend lines.. Try to use my "dashed" trend line versions more often.. That way you will have a better price as an entry..

Stay Green
Focus only on what truly matters!
  • #237
  • Jan 4, 2021 7:32am Jan 4, 2021 7:32am
This writing is only for my Ata Sir. I am worried about my loving Sir Ata by name! He was not available for some days! I want to know if he is well! Please, infome me, anybody here!

I have learned a lot of things by reading his his post!
  • #238
  • Jan 20, 2021 1:34am Jan 20, 2021 1:34am
I have 3 questiones:

1. We have red dashed trend lines , yesterday it matched perfect 1.2120 and price have retested this line at least 2 times. My question is how many times you buy when price restest red dashed TL ? I have noticed that it retest up to 3 times and then breaks that level.

2. If the price break most recet red dashed TL next one is still valid ?

3. When the price is above green WMA we always go bullish while below bearish ?

Many thanks,
Ziemowit
Attached Image (click to enlarge)
Click to Enlarge Name: ata s.JPG Size: 205 KB
  • #239
  • Jan 20, 2021 8:17am Jan 20, 2021 8:17am
Quoting Ziemowit
I have 3 questiones: 1. We have red dashed trend lines , yesterday it matched perfect 1.2120 and price have retested this line at least 2 times. My question is how many times you buy when price restest red dashed TL ? I have noticed that it retest up to 3 times and then breaks that level. 2. If the price break most recet red dashed TL next one is still valid ? 3. When the price is above green WMA we always go bullish while below bearish ? Many thanks, Ziemowit {image}
I noted your questions.. will try to answer this weekend.. Cheers

Stay Green
Focus only on what truly matters!
  • #240
  • Jan 21, 2021 6:40am Jan 21, 2021 6:40am
Quoting Ata-Turkoglu
{quote} I noted your questions.. will try to answer this weekend.. Cheers Stay Green
Thanks,

and the last one. Is that black Moving Average on your charts drawn by you ( that magnetic one you mentioned before) or has shift and close??

thanks
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