Trading Made Simple | Page 6095 | 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

  • #121,881
  • Jul 5, 2021 4:19am Jul 5, 2021 4:19am
Hi guys!

Here I am today with 2 trades (only ones that seem viable to me) that I've placed at the new H4 candle

CADJPY: I've seen the recent rejection of price @ around 90.086. However, a bit below, the yellow rectangle - consolidation. Possible rejection there as well?

EURCAD: IMO the TDI slope is at a good angle. However, Possible SBR at the yellow line?

Will keep an eye on both of them.

Feedback/opinions are welcome!


Thank you
Attached Image(s) (click to enlarge)
Click to Enlarge Name: CADJPYH4.PNG Size: 209 KB
Click to Enlarge Name: EURCADH4.PNG Size: 225 KB
  • #121,882
  • Jul 5, 2021 4:19am Jul 5, 2021 4:19am
Quoting emmanuel7788
TMS Monitor H4 - at 2AM PDT Big E 4hr trading time {image}
*** LIVE Trading *** 2AM PDT Big E 4hr trading

EC July 05

- buy

- classic TMS 5-Method setup with Inside Bar breakout

Attached Image (click to enlarge)
Click to Enlarge Name: ECad Jul 05 H4 classic setup 5-7-2021 5-17-36 pm.png Size: 72 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #121,883
  • Jul 5, 2021 4:22am Jul 5, 2021 4:22am
Quoting emmanuel7788
{quote} *** LIVE Trading *** 2AM PDT Big E 4hr trading GU Jul 05 H4 - buy setup - Price Action breakout of the consolidation ... a Double Inside Bar, that is one Mother Bar, with two Inside Bars... - a bounce from 0.3 to 5.5 is good - use a low risk trading idea {image} one minute before 2Am PDT is these conditions below - note the TDI {image}
LOL
To free Gazans of Hamas, use whatever it takes.
  • #121,884
  • Jul 5, 2021 4:24am Jul 5, 2021 4:24am
Quoting emmanuel7788
TMS Monitor H4 - at 2AM PDT Big E 4hr trading time {image}

*** LIVE Trading *** 2AM PDT Big E 4hr trading

another Big E 5-Method 4hr classic setup

- 3 bars swing low REVERSAL candle with Stoch cross signa;
- TDI green confirms one bar/candle later with green cross red
- use low risk trading idea

Attached Image (click to enlarge)
Click to Enlarge Name: GN Jul 05 H4 2Am clasic 5-7-2021 5-21-17 pm.png Size: 74 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #121,885
  • Jul 5, 2021 4:28am Jul 5, 2021 4:28am
Quoting snarlyjack
Eelfranz, Checking in... I would like to say to other traders that I have been trading this method for a couple of months now and have never made so much money. The most I've personally made is $250.00 trading 1 mini contract on the 4 hour chart in one session. However many many days I've made over $100.00 a day trading 1 mini contract. ($1.00 per pip=over 100 pips). Before I was struggling with the 1, 5, 15 minute charts and I was lucky if I made $20.00 to $30.00 a day. So from my perspective the 5 method that Eelfranz teaches is a money maker....

Can you make $100 per day?

Post#88 by snarlyjack
==========================================================
Eelfranz,

Checking in...

I would like to say to other traders that I have been trading this method for a couple of months now and have never made so much money.
The most I've personally made is $250.00 trading 1 mini contract
on the 4 hour chart in one session. However many many days I've made
over $100.00 a day trading 1 mini contract. ($1.00 per pip=over 100
pips).

Before I was struggling with the 1, 5, 15 minute charts and I was lucky if
I made $20.00 to $30.00 a day. So from my perspective the 5 method
that Eelfranz teaches is a money maker.

We started with Craig Harris method of trading and it evolved to the
5 method of trading. The 5 method of trading in my opinion is much
smoother and more profitable than Craig Harris method.

We as a group convinced Eelfranz to move our old thread in the
commercial area to this area because we felt it would help more
people. We are traders helping fellow traders to make money and
be successful at forex. We have no axe to grind and only wish everyone
much success.

Thanks

snarlyjack
========================================================
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #121,886
  • Jul 5, 2021 4:31am Jul 5, 2021 4:31am
Quoting emmanuel7788
We are traders helping fellow traders to make money and be successful at forex.
Observer effect
  • #121,887
  • Jul 5, 2021 4:41am Jul 5, 2021 4:41am
Quoting jmn5611
{quote} It will if you know how to use it ryu. The Stoch will show you weakness in the trend. Now, insomuch as overbought and oversold go, there is no such thing really. But, there is a such thing as a pullback in a trend, which may go deep enough to end the prior trend and start a new one, and the Stoch will tell you this.
Stochastic can't show oversold and overbought areas because there are no volume data used in its formula. It just calculate candle highs/lows. It is useless and very dangerous on unstoppable trending market. It will show "oversold/overbought" forever. Everyone can see if trend started. But no one can predict the length. Stoch is extremely great to find where to close trade. Or it is very good in reversal trading but you have to add volume data to filter it.
Anyway if you can trade stoch without volume and you can predict the trend it is very good, but sorry I have made tons of tests and there are no positive expectation, so I don't believe in it. Also, if you will check BigE words, he told that his team was trying to create stoch bases strategy and failed.
Observer effect
  • #121,888
  • Jul 5, 2021 4:49am Jul 5, 2021 4:49am
Quoting ryuryu
{quote}

that's the spirit of the OP and his pioneer team.

that same spirit we live with today.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #121,889
  • Jul 5, 2021 4:56am Jul 5, 2021 4:56am
Quoting ryuryu
Stochastic can't show oversold and overbought areas because there are no volume data used in its formula.

That is because you do not know how to use the indicator.
Quoting ryuryu
It just calculate candle highs/lows.

Caveat, it shows highs and lows relative to prior highs and lows over the designated bars. Think about that.
Quoting ryuryu
It is useless and very dangerous on unstoppable trending market. It will show "oversold/overbought" forever.

Again, the creator of the indicator is very clear about “overbought and oversold”. You need to understand what you are writing about.
Quoting ryuryu
I have made tons of tests and there are no positive expectation, so I don't believe in it.

They have a saying in the computer world. GIGO. So check your tests. If you did that, belief would not be factor. Belief is for love and religion.
If you are good at something, never do it for free--Joker
  • #121,890
  • Jul 5, 2021 4:57am Jul 5, 2021 4:57am
AJ Jul 05 H4 2AM PDT

- this is a NR4IB

- and good potential for a bonus trade for July when it pops.

google keyword "NR4IB"

Attached Image (click to enlarge)
Click to Enlarge Name: AJ Jul 05 H4 2AM NR4IB 5-7-2021 5-54-42 pm.png Size: 69 KB


https://www.forexfactory.com/attachm...4&d=1364165418
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #121,891
  • Jul 5, 2021 7:22am Jul 5, 2021 7:22am
Volatility on the low side? No problem: Just target fewer pips and increase the number of lots. Then make the continuation trade on the FOCUS TF via Intrinsic Market Timing.
GBPUSD M5
Attached Image
To free Gazans of Hamas, use whatever it takes.
  • #121,892
  • Jul 5, 2021 7:55am Jul 5, 2021 7:55am
This pdf shared by senior ff member. I will not say his name. You can read it.
Attached File(s)
File Type: pdf High Probability using Moving Average.pdf   1.3 MB | 578 downloads
MA provides the market's current direction and strength.
  • #121,893
  • Edited 8:55am Jul 5, 2021 8:37am | Edited 8:55am
Count HA candle. in different TF. It may help you understand market conditions better.
Remember what BigE told, 3 to 8 candle directions!

If I objectively explain what we can see here -

1. It has been 15 month HA candle is green. It means we are in strong bull market over all.
2. It is second week HA candle is green. It means in strong bull market price pull back and now continuing with the directions of the trend. we may see another up side move. How ever we don't trade Weekly chart so we need to understand lower TF.
3. Daily chart we can see 10 Green HA candle. according to BiGE 3 to 8 HA candle rules price is over extended in Daily chart but, Price may give us more green HA candle.
4. we have got second Green HA candle in H4 chart. which gives us buy signal in H4 chart.
5. we see 6 Green HA candle in H1 chart.
6. Lower TF HA candles are Read it means price is probably having a pull back to move high again.

Remember it is most objective way to do MTF analysis. according to BigE HA candle PA rules.
Attached Image
MA provides the market's current direction and strength.
  • #121,894
  • Jul 5, 2021 8:46am Jul 5, 2021 8:46am
guys im in mt5. Can someone share TDI settings. Sorry for my bad english

thanks

-Druj
Madem turksun,goster urksun
  • #121,895
  • Jul 5, 2021 9:03am Jul 5, 2021 9:03am
Here is the results. Now you may disagree with me. you may say it is not TMS trade.
I will tell you It is 100% TMS trade. Also meet the BigE PA criteria.

Now my Question is to you, which TF Is control TF to you here?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_3.png Size: 47 KB
MA provides the market's current direction and strength.
  • #121,896
  • Jul 5, 2021 9:04am Jul 5, 2021 9:04am
Quoting Druj
guys im in mt5. Can someone share TDI settings. Sorry for my bad english thanks -Druj
People use TDI as it is, Default value.
MA provides the market's current direction and strength.
  • #121,897
  • Jul 5, 2021 9:05am Jul 5, 2021 9:05am
Quoting Druj
guys im in mt5. Can someone share TDI settings. Sorry for my bad english thanks -Druj
Trading Made Simple uses primarily the fast and slow MA of RSI in the TDI.

RSI period 13
fast MA = 2
slow MA = 7

depending on your approach, you can put the two green and red lines on chart from simply using built-in indicators to construct, to custom indi involves you or others to some coding work.

trade well
  • #121,898
  • Jul 5, 2021 9:20am Jul 5, 2021 9:20am
Quoting jmn5611
That is because you do not know how to use the indicator.
Could you please reveal the mystery about stochastic? Especially how it shows overbought and oversold areas if it has no volume data for its calculations?
Observer effect
  • #121,899
  • Jul 5, 2021 9:23am Jul 5, 2021 9:23am
Quoting Druj
guys im in mt5. Can someone share TDI settings. Sorry for my bad english thanks -Druj
https://www.mql5.com/ru/code/20323
Observer effect
  • #121,900
  • Jul 5, 2021 11:12am Jul 5, 2021 11:12am
Quoting hasib
This pdf shared by senior ff member. I will not say his name. You can read it. {image}
So why didn't you simply link to Vincent's post instead of uploading yet another copy of the PDF???

Or even better, just put a link directly to the download??
To free Gazans of Hamas, use whatever it takes.
325 traders viewing now