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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

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Trading Made Simple

  • #123,521
  • Edited 6:30pm Aug 22, 2021 6:15pm | Edited 6:30pm
Quoting edinh
{quote} Thank you for helping me, but sadly that's not what I am looking for. I need help getting following information "Timezone according to which daylight saving time switch happens on broker server" I am looking for more solutions, please. Thanks in advance

one member who did this quite good and accurately is traderathome

look up his profile and the attachments.

if you know your own broker and the weekend and day/date /time of their server time adjustment, you can make that DST change in the market session time which also update correctly in history chart data.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #123,522
  • Aug 22, 2021 6:25pm Aug 22, 2021 6:25pm
Quoting emmanuel7788
{quote} Hi ntk I have stopped using the Standard Pivots for years since. But recent discussions started again among some members trading Big E' 5-Method. I keep my trading simpler and removed many of the tools I had used for years but the ATR is something I still use. For 4H swing trading, I observe the currency swings in relation to its 52-weeks ATR. I target each swing reversal using 60% of the 52-weeks ATR . This approach is quite similar to SteveMauro' ADR High-Low for day trading which track the ADR high-low with the day's swing low or swing...

CADJPY Aug23 H4 Sydney 9am

- you can say price correction / reversal at BRN 85.00 or previous week' HLC fibonacci pivot S38... its hindsight now!

- nothing in trading the markets is holy grail.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #123,523
  • Aug 22, 2021 6:29pm Aug 22, 2021 6:29pm
Quoting emmanuel7788
{quote} CADJPY Aug23 H4 Sydney 9am - you can say price correction / reversal at BRN 85.00 or previous week' HLC fibonacci pivot S38... its hindsight now! - nothing in trading the markets is holy grail. {image}

EURJPY Aug23 H4 Sydney 9am

- BRN 128.00 or Fibo Pivots S38?

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #123,524
  • Aug 22, 2021 6:39pm Aug 22, 2021 6:39pm
Quoting emmanuel7788
{quote} EURJPY Aug23 H4 Sydney 9am - BRN 128.00 or Fibo Pivots S38? {image}
AUDJPY Aug 23 H4 Sydney 9am

- looking at last Week's big candle down move,
- do you want to trade the correction or wait for the retracement and sell later ?

- there's many levels you can consider and wait - the RNs and BRN above current price action

- just look at the price gaps between R38 and PP and S38!

- what is the ATR-52 weeks of this pair?


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #123,525
  • Aug 22, 2021 7:19pm Aug 22, 2021 7:19pm
Quoting Tekkies
{quote} Dingo, may I ask what is the Sharpe Ratio, Sortino Ratio with those large lot sizes?
like Big E, it's great to be retired and rich like Dingoman-two

why bother with those statistical stuff like Sharpe Ratio and Sortino Ratio ... when you can trade both ways and make $500 to $1,000 per day?

Follow Big E and trade like him with US$10,000.

#7555
Quoting eelfranz
Good Morning all you fabulous traders.../...
Good Morning all you fabulous traders....

I started trading full lots last year... tiring of $1 a pip. Takes the same amount of work... why not get paid for it? Often shooting for $500-$1,000 PER EVENING.

iT'S NOT UNCOMMON TO FIND 3-6 TRADE SET UPS PER EVENING.

Sometimes I would set the TP to 20 pips. 3-6 pairs hitting 20 pips... a few losers maybe... made for a handsome profit.

If I put all of my eggs in one basket... it was hit or miss....

I trade both ways with success...

Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #123,526
  • Edited 8:39pm Aug 22, 2021 7:22pm | Edited 8:39pm
Quoting Tekkies
{quote} Dingo, may I ask what is the Sharpe Ratio, Sortino Ratio with those large lot sizes?
Hi, Tekkies,

We all do things a little differently, but the one thing we all have in common is,

"LEVELS AND WE KEEP IT ALL VERY BASIC AND SIMPLE"

I personally use the charts price action as a guide most of the time,
but sometimes I use a daily pivot program called Pivot Professional, or even the Fibonacci's a lot,
It depends on the volatility at the time, there are no hard and fast rules with me,
I just watch - wait for a setup - then trade.

Edit I love the pin bars in the price action, especially In the 15 min charts.

The DBB'S, as well as the stochastic (or the indicators of your choices), are just confirmations to trade or not.
This is where it gets to be personal
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  • #123,527
  • Aug 22, 2021 7:23pm Aug 22, 2021 7:23pm
Quoting Dingoman-two
{quote} I have been doing this for over twenty years or more, my friend, FX doesn't scare me it is just a preference thing for me to trade BTC and Gold right now, before that, it was the EUR/USD - GBP/USD - AUD/USD and much more, I am retired and have set my daughter and son-in-law up with a deposit on their first home so I am not that hungry anymore, and I like helping out those where I can, If they are willing to put in the effort, Then so am I, I won't spoon feed anyone they have to do the hard yards and learn at their own pace, It's kind of...

"I am retired and have set my daughter and son-in-law up with a deposit on their first home so I am not that hungry anymore,
and I like helping out those where I can,"



Rich Dad Poor Dad : What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not by Robert T. Kiyosaki
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #123,528
  • Edited Aug 23, 2021 2:59am Aug 22, 2021 8:20pm | Edited Aug 23, 2021 2:59am
Quoting Tekkies
Poor old hasib, he bit of more then what he can chaw.

I have been doing this for a while my friend, and I know losers when I see them.
  • #123,529
  • Aug 22, 2021 8:28pm Aug 22, 2021 8:28pm
Quoting Dingoman-two
{quote} With pleasure my friend Please start here https://www.forexfactory.com/thread/...4#post13676654 {file} This is a custom indicator built by tzamo And is good for the higher time frames, the setting I use is 50 ema in the hourly and above charts, It helps to show if the trend/volume is bullish or bearish.

Another indicator by tzamo with thanks
Attached File(s)
File Type: mq4 RSI_wMA.mq4   5 KB | 315 downloads
  • #123,530
  • Edited 10:23pm Aug 22, 2021 9:38pm | Edited 10:23pm
Quoting emmanuel7788
{quote} CADJPY Aug23 H4 Sydney 9am - you can say price correction / reversal at BRN 85.00 or previous week' HLC fibonacci pivot S38... its hindsight now! - nothing in trading the markets is holy grail. {image}
a


CADJPY structure shifts from down to up move, respected, rejected and bounced back from prev LoW, Now if it could break and close above and/or re-test successfully 86.18 with a decent momentum candle, I am in for a Buy too

same for GBPAUD upwards momentum depleating, rejected and move down since Fri late. Today Open above, near weekly PP, structure shifted to down. H4 nd H1 MaCD and RSI position well in negative area. If breaks and confirmed under 1.9050 we would see its move down ... down to S4 and beyond like the others Weekly pivot examples?

CADCHF is also in good position for buy when it close and confirmed momentum shift above 0.71850
  • #123,531
  • Aug 22, 2021 11:36pm Aug 22, 2021 11:36pm
Inserted Video
MA provides the market's current direction and strength.
  • #123,532
  • Aug 23, 2021 1:01am Aug 23, 2021 1:01am
Quoting Dingoman-two
{quote} I have doing this for a while my friend, and I know losers when I see them.
Amen to that.

They don't know what they don't know. I have been doing this across a variety of instruments since 1999. One thing is always clear with these people. They always think they have it figured out. A master at his craft never stops learning, never stops improving, never discounts even the apparently silliest of ideas until that idea is proven to be silly.
If you are good at something, never do it for free--Joker
  • #123,533
  • Aug 23, 2021 6:00am Aug 23, 2021 6:00am
Quoting Dingoman-two
{quote} With pleasure my friend Please start here https://www.forexfactory.com/thread/...4#post13676654 {file} This is a custom indicator built by tzamo And is good for the higher time frames, the setting I use is 50 ema in the hourly and above charts, It helps to show if the trend/volume is bullish or bearish.
Master Dingoman, thank you so much. May God reward you for your generosity and kindness. Amen.
Say, “He Is Allah, [Who Is] One, Allah, the Eternal Refuge.
  • #123,534
  • Aug 23, 2021 6:11am Aug 23, 2021 6:11am
Quoting Dingoman-two
{quote} Another indicator by tzamo with thanks {file}
Again, many thanks for your help and advice in the right direction. I will pray for you and your family. God Bless.
Say, “He Is Allah, [Who Is] One, Allah, the Eternal Refuge.
  • #123,535
  • Edited 7:32am Aug 23, 2021 6:57am | Edited 7:32am
Hi please check PM for details and amended codes.
Thanks for the sharing. I have spent some time and worked on a bit additional functions inspired by #647 (schemetic here). Worth looking at 2 levels of aggression for BE milestone.
Tolerance =4 and entry with TMS Green x Red at m5. TP at nearby OB before reversal.

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  • #123,536
  • Aug 23, 2021 7:50am Aug 23, 2021 7:50am
Quoting MrBullBear
{quote} Pls do... when you learn, help others who are lost in the woods by sharing what you've learned. Goodluck!
I have tried to share some of good ideas before but I have found over the years that people started to attack without understanding.
Over the years in FF, I have develop many haters, Even when I say good thinks like risk less trade safe, People don't like my words. People want 65% return some of the people wants 100% return in a month. That is why they trade reversal they trade with BS method.
I trade most of the time TC, Now a days every one become institutional trader they trade tops and bottoms. I trade Bottoms too but my 10 to 15% of trade when I took bottoms and when I trade that style I don't use pivot and usually my risk reward is large. I trade with stop, I recommend people to do the same.
I have traded with out stop in 2014, I have around 300% return in a month with a certain system that system is still available in FF.
I just pick the level and trade with out stop, every day I open many trade with that system. Fortunately or unfortunately I lost that account and next few month. After that I had a period when I open trade I lose even if I open trade in demo account I lose trade, Basically I lost my trading mind set. I know larger return bring larger risk in the table . But everyone think they are best, They think when I say 65% return in month no need they hate me. I know many people will dislike this what I write here. Still I will recommend risk less.
MA provides the market's current direction and strength.
  • #123,537
  • Aug 23, 2021 9:06am Aug 23, 2021 9:06am
Money supply: M0, M1, and M2 | The monetary system

Inserted Video
MA provides the market's current direction and strength.
  • #123,538
  • Aug 23, 2021 9:23am Aug 23, 2021 9:23am
Quoting Tekkies
{quote} https://www.forexfactory.com/thread/...ion-time-clock

I have downloaded it, and read thread but I still don't get what should I look for in indicator itself to get according to which timezone DST switch happens on broker server.



Quoting emmanuel7788
{quote} one member who did this quite good and accurately is traderathome look up his profile and the attachments. if you know your own broker and the weekend and day/date /time of their server time adjustment, you can make that DST change in the market session time which also update correctly in history chart data.
I looked at his attachments, are the following links good for what I am looking for? (I have same issue as above, I don't understand what to look for on indicator)

https://www.forexfactory.com/thread/...20#post1955020
https://www.forexfactory.com/thread/...20#post1955020
  • #123,539
  • Aug 23, 2021 10:18am Aug 23, 2021 10:18am
Quoting Dingoman-two
{quote} This bloke is an absolute fool, he thinks that the only way to trade is his way, There are hundreds of ways to trade and each one is unique to the individual that uses them, Here is a good week for me {image}Here is one from a scalper who taught me how to trade digger1 {image}And here is another one who has helped me as well, and we very rarely use stop losses because we know our entry points very well. Aussi {image} In addition to this, the above...

Totally agree with you Dingoman-two.

this guy Hasib has so limited capability to do only one thing: naysaying.

He has no consistency in trading, asking for strategies and showing 99% account blowing because of newbie mistake of revenge trading. He has not even trying to understand your strategy and test with a stupid EA. I bet his backtest entries are completely different from yours last week.

but he has good lessons to teach about being scammed and how to avoid it. That is valuable for others.
  • #123,540
  • Aug 23, 2021 12:14pm Aug 23, 2021 12:14pm
Quoting hasib
{quote} I have tried to share some of good ideas before but I have found over the years that people started to attack without understanding. Over the years in FF, I have develop many haters, Even when I say good thinks like risk less trade safe, People don't like my words. People want 65% return some of the people wants 100% return in a month. That is why they trade reversal they trade with BS method. I trade most of the time TC, Now a days every one become institutional trader they trade tops and bottoms. I trade Bottoms too but my 10 to 15% of...
Well, don't do to them what your haters done to you. And it sounds like you are forcing everyone to trade the way you trade, and that is not good. Don't even try to teach every one, becouse you will be hated. Each has its own understanding and perspective. Every traders has its own method of trading. Yours are just one of hundreds way of successful method of trading.Teach only the one who notice your skills and asking for your guidance. Why minding everyone in the first place? Just share your analysis and how you trade .. that is it. I am sure you will bring back your mindset and confidence if you mind your own.
Only an idiot knows with certainty to where the market is going.
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