Trading Made Simple | Page 5971 | 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

  • #119,401
  • May 27, 2021 7:24am May 27, 2021 7:24am
Quoting emmanuel7788
{quote} UJ May27 H1 trade at NY Open - price action BUEOB setup {image}
Attached Image (click to enlarge)
Click to Enlarge Name: UJ May27 h1 buy NYO 27-5-2021 8-07-42 pm.png Size: 41 KB


UJ May27 H1 trade update

- TP1 +10pips

- now wait and 'fight the news'!

Attached Image (click to enlarge)
Click to Enlarge Name: UJ May27 H1 trade update TP1 +10pips 27-5-2021 8-23-00 pm.png Size: 42 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #119,402
  • Edited 8:19am May 27, 2021 8:06am | Edited 8:19am
Quoting emmanuel7788
{quote} I use the 100-days ADR ... being on the conservative side and consistent with all my other trading systems like TMS-MEME, TMS-Evo, etc. Dean Malone has another way how he calculate his ADR Other traders may use 10-days, some 30-days.
As expected Price move higher. Because of news I was sideline. Now news is over, whenever I found opportunity I will get in.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.png Size: 45 KB
MA provides the market's current direction and strength.
  • #119,403
  • May 27, 2021 8:18am May 27, 2021 8:18am
GU Sell on retracement.

3R to finish my 200th trade with TMS. So far so good
NU is next target

Happy Trading everyone.

Attached Image (click to enlarge)
Click to Enlarge Name: 647B66B9-8497-4B55-9A74-DB9DF501DE83.png Size: 381 KB
Attached Image (click to enlarge)
Click to Enlarge Name: 6DC3009D-D864-4175-BE7D-D992BE58695F.png Size: 341 KB

Attached Image (click to enlarge)
Click to Enlarge Name: 22c2882b84fbe826fcc0803310c405ee.png Size: 10 KB
  • #119,404
  • May 27, 2021 10:43am May 27, 2021 10:43am
3 TDI entry
Other indicator support the entry.
since TDI is hart of the TMS system so I think I should share it here.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.png Size: 28 KB
MA provides the market's current direction and strength.
  • #119,405
  • May 27, 2021 10:54am May 27, 2021 10:54am
When you see a TDI cross that doesn't look good... start checking other timeframes for the trade... look at other templates at different timeframes... do a thorough investigation before entering any trade. If you do this faithfully your win rate will increase dramatically... If its not quite ready put it on a watch list and go back and check it every 5,15 or 30 minutes...

eelfranz
MA provides the market's current direction and strength.
  • #119,406
  • May 27, 2021 10:56am May 27, 2021 10:56am
Below is a 4 hour chart which I marked the trades I would have taken. Note on the TDI where the lines separated, indicators were confirming... but there was a lot of arrows I passed on...
eelfranz
Attached Image
MA provides the market's current direction and strength.
  • #119,407
  • May 27, 2021 11:02am May 27, 2021 11:02am
BigE talks about candlesticks too here is a prove.


Sunshine.....

Hummmmm... sure your talking about the E/U... What timeframe?

I had trades at: (Pacific Times)... 5 min. timeframe...

5:45am
6:20am
8:25am
10:05am
10:55am

I don't trade in market consolidation unless it's a breakout move.

Everyone who is really interested in becoming a good trader will have spent hundreds and hundreds of hours studying old charts to learn to read your candles and what their saying... and how they relate to your chosen indicator(s).

If you trade the Forex Market you will be in school every day because you not only have to develop an understanding of the market but you have to be fine honing your skills daily by reviewing old charts.... using the method you've chosen to trade. You cut class and you'll lose money.

Pick your pairs, pick your indicators and then learn how it relates with PA... and learn what the candles are telling you. I can't do that for you... you have to put in your time studying...

There are things I see and react to in every trade I can't teach you about because all my learning becomes a natural part of my trading habits. You develop the same thing after paying the dues... study.

If you can't find any trades... look at different timeframes and pairs. You'll find something wanting your attention.
MA provides the market's current direction and strength.
  • #119,408
  • May 27, 2021 11:31am May 27, 2021 11:31am
JayPips...

For now only trade on a Demo account until your win/loss ratio is 70%+ wins... or better. Save your cash buddy.

Big E
MA provides the market's current direction and strength.
  • #119,409
  • May 27, 2021 5:21pm May 27, 2021 5:21pm
Quoting emmanuel7788
{image} Using the ADR and AWR for trading targets: An old tutorial video now available on youtube: https://youtu.be/V6dnw8UPDGs?list=PL...uAuyt7lYmeUy5F
I love dean man .. good video.

thank's i learned lots from him.
It's in fear when people show what they truly value.
  • #119,410
  • May 27, 2021 6:02pm May 27, 2021 6:02pm
Quoting ensale
{quote} I love dean man .. good video. thank's i learned lots from him.

Hi

Welcome back!

Yes. Dean is a good man and he shared his knowledge and experience with all people. He left CompassFX and the last I heard he went on sabbatical and seems not to return. But most of his old tutorial videos are available in youtube channels.

During Dean' time people lost money and gave many negative reviews of his Synergy trading model. Big E was one of his avid follower and gave him good review.
But as usual people lose money and I know the main reason is they do not fully understand the market and they do not have the required DISCIPLINE in trading with the Synergy trading model.

BTW, Cable will make new highs! Some market analyst said weeks ago. 2021 bonus for everyOne.

Trade Well and Stay Safe.... get done.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #119,411
  • May 27, 2021 6:04pm May 27, 2021 6:04pm
Quoting hasib
When you see a TDI cross that doesn't look good... start checking other timeframes for the trade... look at other templates at different timeframes... do a thorough investigation before entering any trade. If you do this faithfully your win rate will increase dramatically... If its not quite ready put it on a watch list and go back and check it every 5,15 or 30 minutes... eelfranz



good that you encourage people here to read Big E' old posts and learn EVERYTHING.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #119,412
  • May 27, 2021 6:07pm May 27, 2021 6:07pm
Quoting tommydoginti
GU Sell on retracement. 3R to finish my 200th trade with TMS. So far so good NU is next target Happy Trading everyone. {image}{image} {image}

TP1 +1R, TP2 +2R, TP3 +3R, .... and still going ...... trading H1 price action of the HA candles and 5EMA, bounce off BRN 1.4100

total +6Rs trade using TMS-II Multi-Lot Entries method

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD May27 3R trade example 28-5-2021 6-49-39 am.png Size: 44 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #119,413
  • May 27, 2021 6:23pm May 27, 2021 6:23pm
Quoting emmanuel7788
{quote} {image} UJ May27 H1 trade update - TP1 +10pips - now wait and 'fight the news'! {image}

UJ May27 H1 trades closed

- TP1 +10pips, TP2 +20 pips, TP3 +30 pips and final exit TP4 +55pips

- how many total Rs profit using TMS-II Multi-Lot entries method.

Attached Image (click to enlarge)
Click to Enlarge Name: UJ May27 H1 trades closed TP1 2 3,4 28-5-2021 7-11-46 am.png Size: 37 KB

* do you know how to use THV CaveManager features ?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #119,414
  • May 27, 2021 6:27pm May 27, 2021 6:27pm
Quoting hasib
JayPips... For now only trade on a Demo account until your win/loss ratio is 70%+ wins... or better. Save your cash buddy. Big E

when anyone can achieve a consistent win rate of 45%, I can show them how to increase the win rate to 60% ~ 65% quite easily. One super trader in Singapore taught me that way back in 2007. It was is simple and yet many did not think of it.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #119,415
  • May 27, 2021 6:34pm May 27, 2021 6:34pm
Quoting tommydoginti
GU Sell on retracement. 3R to finish my 200th trade with TMS. So far so good NU is next target Happy Trading everyone. {image}{image} {image}

congratulations completing 200 trades @tommydogie

I completed only 78 trades .....

Attached Image (click to enlarge)
Click to Enlarge Name: Post57,865 TMS MEME.png Size: 132 KB


can anyone here make $10,000 a month?

see this Post #119,203

Yes, you can and today you need to trade a $50,000 account deposit with leverage 1:25 or 1:30.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #119,416
  • May 27, 2021 7:09pm May 27, 2021 7:09pm
Quoting eelfranz
Klops... (503) I'm not looking for 15 pips profit... more like 150 ! The money I put into my last trading account ($10,000) I don't even think about it. It's like the money you take to Las Vegas. You hope to win but don't often... Your taking money for entertainment and relaxation... So I don't give it a second thought... It's entertainment money as I said... Besides It always grows larger... I REMEMBER THE DAYS WRINGING OUT MY HANDS FOR MY $500 ACCOUNT... THE SKIES FALLING ! Help, help, help. If I enter a trade lets say and I'm monitoring the trade...

one of my favourite Big E' Post#557 below... pick the key points and learn from him, a few of his trading habits - good and bad ones too. My grandchildren would 'kill me' if I use their inheritance for entertainment and relaxation and going to Las Vegas.

Have a purpose in life when you trade the markets.

Klops... (503)

I'm not looking for 15 pips profit... more like 150 !

The money I put into my last trading account ($10,000) I don't even think about it. It's like the money you take to Las Vegas. You hope to win but don't often... Your taking money for entertainment and relaxation... So I don't give it a second thought... It's entertainment money as I said... Besides It always grows larger...

I REMEMBER THE DAYS WRINGING OUT MY HANDS FOR MY $500 ACCOUNT... THE SKIES FALLING ! Help, help, help.

If I enter a trade lets say and I'm monitoring the trade and its up 50 pips but suddenly it pulls back 10-15 pips I just exit. I'll keep the profit at $10 a pip... no big deal. If it turns and continues (bounce) I'll just jump back in... Don't get so rigid...

Evidently I missed something while looking at the set up and it's cut me short.... there are always set ups on different timeframes... different pairs. I'll study the trade I jumped out of for the answer so I don't make the same mistake again hopefully..

If your worried about the money in your account how are you going to pull the trigger with confidence? They tell you from the get go the money in your account shouldn't be money you need... otherwise don't trade...

Learning the fx market is like going to school. It costs to go to school and your pip money for trades is what you use to learn. When you have a reliable method and confidence... the market starts to pay you for your education expenses... profit.

The only reason I deposited that amount is because I trade full lots and some trades have 2-4 lots on a trade... or I'll add additional lots as the trade is in progress.. no big deal...

I'm in this because it's fun, keeps my mind active and I'm good at it. Pretty cut and dried...

===================================================================================
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #119,417
  • May 27, 2021 7:28pm May 27, 2021 7:28pm
Quoting emmanuel7788
{quote} {image} Let's get back to trading and learning. NU May27 ADR - we have new ADR High Low levels for today - we shall see how far price will move lower and 'fill' that May26 RBNZ candle - when we see a swing low today and market reverses, you will learn how to catch the swing low reversal and target the dynamic ADR High later {image}

yesterday NU did not make it to its ADR High-Low

we have a new day to trade

NU May 28 ending Week 23 May 24 to 28.

- we shall see what happens today whether the RBNZ candle get its 'fill'.

Attached Image (click to enlarge)
Click to Enlarge Name: NU May28 H1 ADR new 28-5-2021 8-22-32 am.png Size: 50 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #119,418
  • May 27, 2021 7:35pm May 27, 2021 7:35pm
Quoting emmanuel7788
US Prelim GDP May27 {image} UJ May27 - will not change the current Market Type no matter if the data supports USD or not. - just a little more volatility then the dust settles - we trade this later .... {image}

UJ May28 H1 ADR High - Low

- know the potential range and plan your TPs.

Attached Image (click to enlarge)
Click to Enlarge Name: UJ May28 H1 ADR Tok 9-29am 28-5-2021 8-29-03 am.png Size: 49 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #119,419
  • May 27, 2021 8:00pm May 27, 2021 8:00pm
Quoting emmanuel7788
{quote} congratulations completing 200 trades @tommydogie I completed only 78 trades ..... {image} can anyone here make $10,000 a month? see this Post #119,203 Yes, you can and today you need to trade a $50,000 account deposit with leverage 1:25 or 1:30.

Good work Emmanual!

You are finally back on track trading TMS.

See. your performance increased significantly. No thanks since I came in to this thread to stop you from misleading others and yourself.

Do you remember previously you were so proud of your Average Down Grid trading and lied to us about it as the TMS? It was until Jan 2021.

I am very happy for you.

You can put your 2018 performance behind after all these years. No way for such EQ to have profit factor >2
Attached Image



Your performance and I both are good Slap On The Face to Hasib and showed how stupid he was when he came to this thread and yelled "TMS, TDI don't work"

Long way for Hasib to learn from scratch after all years of failure.

Trade well
  • #119,420
  • May 27, 2021 8:02pm May 27, 2021 8:02pm
Quoting emmanuel7788
{quote} UJ May28 H1 ADR High - Low - know the potential range and plan your TPs. {image}

UJ May28 H1 Tokyo 10am

- H1 BUOB setup candle alert!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
60 traders viewing now