Trading Made Simple | Page 6354 | 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

  • #127,061
  • Edited 11:55pm Oct 18, 2021 11:26pm | Edited 11:55pm
Quoting Tekkies
{quote} Hi Hasib flapping lips how bad or good other traders trade does not make you a better trader either. Show the readers that the wisdom you give to other so freely is confirm by a visible live running TE linked to your account about what you post in this is thread. Let me guess: - For the next seven years like Vincent you are going to post every year, every month: ... be patient, very patient, very very patient,....
Tekkies, enjoy.

I am human, I make mistakes too. All this years I make many mistakes. here are few
1. Trading LTF, Trading below h4 ( mistakes )
2. Trading too many TF ( mistakes)
3. Risking too much ( mistakes)
4. Trading counter trend ( mistakes)
5. Too much focus Candlesticks pattern ( mistakes)
6. Changing the system with out proper back test (mistakes)

Now you got some of my mistakes, You have 2 options- you can attack me with those points or you can learn from my mistakes.
I don't have any crystal ball to show you, You have to learn from your mistakes.

Takkies, I don't want you fail, that is why I don't always insult you some time I give you advice.

1. you have to develop a system ( like BigE develop his system, it is work for him well)
2. you have to backtest and forward test that system.
3. Most important you have to follow your system. ( if it is not your own system you can't follow the system properly, Because you don't know all the logic behind the system and you can't copy other people style, thought process etc.)
Following the system with out emotions is so crucial, I still straggle with that. when I don't follow the system, I know I have to develop more confidence on my system. I go and back test my system. It is continuous process of improvement.

Emotions and psychology is so important, New traders or demo traders will never understand it.
Don't trade demo trade small live account, took prop firm challenge and fail understand why you fail, write down the reason why you fail.
Did you identify why you lose 80% of your account, you said you have exit problem. I think you have confidence problem and as well as risk management problems. Time frame selections problems too. try to solve your problem no one do it for you. it is your own business, Other people TE will not help you trust me on that.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_4.png Size: 51 KB
MA provides the market's current direction and strength.
  • #127,062
  • Oct 18, 2021 11:50pm Oct 18, 2021 11:50pm
Quoting hasib
{quote} Tekkies, enjoy. I am human, I make mistakes too. All this years I make many mistakes. here are few 1. Trading LTF, Trading below h4 ( mistakes ) 2. Trading too many TF ( mistakes) 3. Risking too much ( mistakes) 4. Trading counter trend ( mistakes) 5. Too much focus Candlesticks pattern ( mistakes) 6. Changing the system with out proper back test (mistakes) Now you got some of my mistakes, You have 2 options- you can attack me with those points or you can learn from my mistakes. I don't have any crystal ball to show you, You have to learn...
Can only ask Hasib.
Are those really your results?
It is so easy to find a trader that posted those results somewhere on the internet.
------
Based on your list of mistakes how does the other days trading look like.
Also so nice looking as that you posted now?
----
Nice trading for one day, Hasib.
  • #127,063
  • Oct 19, 2021 12:02am Oct 19, 2021 12:02am
Quoting Tekkies
{quote} Can only ask Hasib. Are those really your results? It is so easy to find a trader that posted those results somewhere on the internet. ------ Based on your list of mistakes how does the other days trading look like. Also so nice looking as that you posted now? ---- Nice trading for one day, Hasib.
Just took screen short now.
yes those are my results.

Recently I make few mistakes in my other account i am down around 6% in that account. I trade too much in US30, yesterday I was doing well but some trade hit stop.
Managing emotion, managing trade and managing risk in small time frame is very very difficult for human. Takkies if you start trading H4 Time frame with small lot and if you trade more than 1 pair and trade only Trend continuations you will do well, I am quite sure about it.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_6.png Size: 51 KB
MA provides the market's current direction and strength.
  • #127,064
  • Oct 19, 2021 12:06am Oct 19, 2021 12:06am
Quoting emmanuel7788
{quote} {quote} {quote} @WinOrDie Do you know how to trade? Reason why I ask is because of @Tekkies' old post #76,129 below: <> BigE have left a void behind that members need to full on their own. Emmanuel filled that void and did it very good. Somewhere along the way he lost track that he is dealing here mostly with members that do not know how to trade at all. Members that have learned from BigE and emmanuel have moved on and left this forum. Most probable successful traders...
Yes I have been trading equities for about 6 years, 1 year full time, I make enough to live off of it and do it full time, mostly mean reversion and s/r on HTF using quarterly/yearly vwap to determine likely bottoms on the daily/weekly. I however do not have a forex strategy since my key indicator vwap is not available for lack of actual market volume data. I figured it would be a good time to learn other methods since I can't apply my main strategy here. My goal with moving to forex is to use more LTF trades and since it is such a liquid market it seemed perfect to hone those skills and have a more day trading friendly approach. I am a good fisher, now I have to learn to be a good hunter too. I am still reading through the thread but am really liking what I see. I look forward to discussing more with you when I feel I have a decent grasp of the strategy.
  • #127,065
  • Oct 19, 2021 12:12am Oct 19, 2021 12:12am
Quoting Tekkies
{quote} The only member you can trust in this thread is BigE himself. The rest are fools and idiots that think they know something (me included). ------- The best will be this: You will find all your questions answered in this pdf: BigE full.pdf. Do something like this: Post 98,023 Fast track with Tommy's accurate summary of BigE's posts: Post 125,344 Other then that you are on your own.
Thank you for your insight, I am reading through all of this thread and the links you have sent me still. I appreciate you taking the time to help someone newer to forex, it is true we as traders are all on our own in a way, but it sure is nice to have a community like this one welcome you. We all know the thrill of a great trade and the sting of a bad one, and that makes it just a bit less of a solo endeavor lol.
  • #127,066
  • Oct 19, 2021 12:23am Oct 19, 2021 12:23am
Quoting WinOrDie
{quote} Thank you for your insight, I am reading through all of this thread and the links you have sent me still. I appreciate you taking the time to help someone newer to forex, it is true we as traders are all on our own in a way, but it sure is nice to have a community like this one welcome you. We all know the thrill of a great trade and the sting of a bad one, and that makes it just a bit less of a solo endeavor lol.
"the sting of a bad one"
Can attest to that one.
  • #127,067
  • Oct 19, 2021 12:40am Oct 19, 2021 12:40am
Quoting emmanuel7788
{quote} for intraday trading, many traders in the past use the ADR marker example AU Oct M5, yesterday Daily another spinning top, so we trade with more caution seeing the Daily sipping top candle. we have the ADR marker high and low , we shall observe when the market reached either the high or the low today. also we have the Weekly Mid-Hi level.... if you are the H4 swing trader. {image}

AU Oct19 M5 trade

- easy one ... follow the price action as it makes HH HL and tested previous Day High, pulled back and the setup for buy...

- trade like a sniper ... prepare ... wait ... patience ... aim ... steady .... and pull the trigger when the target is in sight

- closed +10pips


- now trailing the market

Attached Image (click to enlarge)
Click to Enlarge Name: AU Oct19 M5 trade 19-10-2021 1-32-38 pm.png Size: 134 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #127,068
  • Oct 19, 2021 12:43am Oct 19, 2021 12:43am
Quoting Tekkies
{quote} Hi Hasib flapping lips how bad or good other traders trade does not make you a better trader either. Show the readers that the wisdom you give to other so freely is confirm by a visible live running TE linked to your account about what you post in this is thread. Let me guess: - For the next seven years like Vincent you are going to post every year, every month: ... be patient, very patient, very very patient,....
For the next seven years like Vincent you are going to post every year, every month: ... be patient, very patient, very very patient,...
LOL

That is just Vincent dangling more bait to keep the suckers interested, hoping that they will swallow the hook.
To free Gazans of Hamas, use whatever it takes.
  • #127,069
  • Oct 19, 2021 12:44am Oct 19, 2021 12:44am
Quoting WinOrDie
{quote} Yes I have been trading equities for about 6 years, 1 year full time, I make enough to live off of it and do it full time, mostly mean reversion and s/r on HTF using quarterly/yearly vwap to determine likely bottoms on the daily/weekly. I however do not have a forex strategy since my key indicator vwap is not available for lack of actual market volume data. I figured it would be a good time to learn other methods since I can't apply my main strategy here. My goal with moving to forex is to use more LTF trades and since it is such a liquid...

@WinOrDie

with your "trading equities for about 6 years, 1 year full time,"

you are well ahead of many here. You know the trading game so it will be a lot easier .

Why not consider trading market indices and E-Mini Futures instead of spot forex?

You will make more money .
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #127,070
  • Oct 19, 2021 12:51am Oct 19, 2021 12:51am
Quoting Tekkies
{quote} Hi Hasib flapping lips how bad or good other traders trade does not make you a better trader either. Show the readers that the wisdom you give to other so freely is confirm by a visible live running TE linked to your account about what you post in this is thread. Let me guess: - For the next seven years like Vincent you are going to post every year, every month: ... be patient, very patient, very very patient,....
" For the next seven years like Vincent you are going to post every year, every month: ... be patient, very patient, very very patient,...."

come on @Tekkies,...

you don't need to be patient for 7 years unless of course you get a mental breakdown like @FakeDr and become a patient in an institution.

just stop trading and wait. Your TE look terribly RED .

And I promise you it will pay off when you have the patience and stop trading.

Meantime read Big E' posts and what he said about trading the 1hr.

Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies TE Oct 19 post 19-10-2021 9-12-08 am.png Size: 81 KB


You traded EU at the wrong hour.

Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies Oct18 EU sell before FO 19-10-2021 7-33-37 am.png Size: 110 KB


I waited for FO and LO candles, and for the A+++ setup.

Attached Image (click to enlarge)
Click to Enlarge Name: Eu Oct 18 h1 Trade BE 18-10-2021 8-37-33 pm.png Size: 48 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #127,071
  • Oct 19, 2021 12:52am Oct 19, 2021 12:52am
Hello Guys, I want to thanks to all that replied/answered my questions, Im starting to gain profit using Big E method, hope it will continue to grow my account, thank you guys and thanks to Big E
  • #127,072
  • Oct 19, 2021 12:54am Oct 19, 2021 12:54am
WOW!

the number of viewers are growing every day ... Big E would love this traffic otherwise he would have closed this thread { here } .

Attached Image (click to enlarge)
Click to Enlarge Name: TMS thread 134 viewers and 7 members 19-10-2021 1-44-39 pm.png Size: 77 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #127,073
  • Oct 19, 2021 12:56am Oct 19, 2021 12:56am
Quoting Vin3
Hello Guys, I want to thanks to all that replied/answered my questions, Im starting to gain profit using Big E method, hope it will continue to grow my account, thank you guys and thanks to Big E

@Vin3

my question to you: have your found the origin of the 5-Method yet?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #127,074
  • Oct 19, 2021 12:59am Oct 19, 2021 12:59am
Quoting emmanuel7788
{quote} AU Oct19 M5 trade - easy one ... follow the price action as it makes HH HL and tested previous Day High, pulled back and the setup for buy... - trade like a sniper ... prepare ... wait ... patience ... aim ... steady .... and pull the trigger when the target is in sight - closed +10pips - now trailing the market

Attached Image (click to enlarge)
Click to Enlarge Name: AU Oct19 M5 trade 19-10-2021 1-32-38 pm.png Size: 134 KB


{image}


AU Oct 19 M5 trade

- now my trade manager EA move the SL and lock another +10pips, ...

- while I busy posting in this thread and having fun with @Tekkies and @FakeDr

Attached Image (click to enlarge)
Click to Enlarge Name: AU Oct 19 M5 trade update locekd 10pips 19-10-2021 1-57-07 pm.png Size: 31 KB



- who says using EAs is bad?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #127,075
  • Oct 19, 2021 1:05am Oct 19, 2021 1:05am
EA Oct 19 M5

- follow the price action as it breaks the previous Day Open ...

- take profit +10pips

- now wait and see what the market will give me ,

Attached Image (click to enlarge)
Click to Enlarge Name: EU Oct 19 M5 TP1 hit 19-10-2021 2-03-01 pm.png Size: 41 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #127,076
  • Oct 19, 2021 1:10am Oct 19, 2021 1:10am
EN Oct 19 M5 trade

- same price action and I waited for the target to move into the 'kill zone'

- TP +10 pips and now trailing
Attached Image (click to enlarge)
Click to Enlarge Name: EN Oct 19 M5 trade TP1 19-10-2021 2-06-45 pm.png Size: 200 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #127,077
  • Oct 19, 2021 1:11am Oct 19, 2021 1:11am
Quoting emmanuel7788
{quote} " For the next seven years like Vincent you are going to post every year, every month: ... be patient, very patient, very very patient,...." come on @Tekkies,... you don't need to be patient for 7 years unless of course you get a mental breakdown like @FakeDr and become a patient in an institution. just stop trading and wait. Your TE look terribly RED . And I promise you it will pay off when you have the patience and stop trading. Meantime read Big E' posts and what he said about trading the 1hr. {image} You traded EU at the wrong hour....
Dave is OK, the institutions not so much.

They closed shop to take a vacation for the simple reason, you wore the worst patient they every had to deal with.
  • #127,078
  • Oct 19, 2021 1:14am Oct 19, 2021 1:14am
AUDNZD Oct 19 M5 Frankfurt Open

- in the 'kill zone' ... take your aim and pull the trigger

Attached Image (click to enlarge)
Click to Enlarge Name: sniper in view.png Size: 766 KB



Attached Image (click to enlarge)
Click to Enlarge Name: AN Oct 19 M5 kill zone 19-10-2021 2-17-07 pm.png Size: 252 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #127,079
  • Oct 19, 2021 1:32am Oct 19, 2021 1:32am
Hi everyone,
Im new here and wanted to make a special thanks to eelfranz for starting this thread so long ago.
Also, thanks to everyone on this thread who is still active since im reading it since 2 weeks now i've learned so much from the 5 method and it allready has imroved my trading!
Im still learning i've started since march of this year.
already readed the 3 Wizard book from Schwager , Trading in the Zone from Mark Douglas and some technical analysis book like the one from John Murhpy.

Sorry for my poor english skill it's not my native language.
wishing you all the best, may the Pips be with you today
  • #127,080
  • Oct 19, 2021 1:42am Oct 19, 2021 1:42am
Quoting hasib
{quote} I will not say anything bad about pivot trading, If I say anything they will come after me, {image}
They won't waste much time and effort with you.
They will send this after you:
Attached Image (click to enlarge)
Click to Enlarge Name: c501fec98158e59ff07b7a2b2a1038b2.png Size: 79 KB

Post 39,769
34 traders viewing now