Trading Made Simple(r) | Page 380 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading Made Simple 151,872 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(r)
Exit Attachments

Trading Made Simple(r)

  • #7,581
  • Feb 23, 2022 3:45pm Feb 23, 2022 3:45pm
Quoting RobinHood
{quote} Interesting. I know nothing about it. How is the Focal Point used to help you trade?
Future will tell us
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 116 KB
  • #7,582
  • Edited 4:26pm Feb 23, 2022 3:57pm | Edited 4:26pm
Quoting oohoo
I've asked this question, but I probably expressed myself wrong and didn't get the explanation. Can someone tell me the logic behind stochs getting yellow? On the same level (early after 50-cross) they sometimes spark yellow and sometimes they don't. Is it somehow connected to them being above/below each other? Or their rate of change? Or do they spark a few candles back after they've reached an extreme condition indicating where the strong move was? {image}
It's simple, they turn those colors (other than grey) when they are overbought or oversold and the default settings are 30 and 70, but they can be changed should you want to. And they turn back to grey when they are no longer overbought or oversold.
Always a Student, Never a Master - Emulate What Works
  • #7,583
  • Feb 23, 2022 4:00pm Feb 23, 2022 4:00pm
In short you are in the middle of the Sinewave
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 188 KB
  • #7,584
  • Feb 24, 2022 6:40am Feb 24, 2022 6:40am
Attached Image (click to enlarge)
Click to Enlarge Name: Dukascopy MetaTrader 4.png Size: 417 KB
Attached Image (click to enlarge)
Click to Enlarge Name: XAGUSDDaily.png Size: 74 KB
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDDaily.png Size: 68 KB
Attached Image (click to enlarge)
Click to Enlarge Name: BRENT.CMDDaily.png Size: 66 KB
Attached Image (click to enlarge)
Click to Enlarge Name: DIESEL.CMDDaily.png Size: 67 KB
Attached Image (click to enlarge)
Click to Enlarge Name: XAGEURDaily.png Size: 69 KB
Attached Image (click to enlarge)
Click to Enlarge Name: STOXX50Daily.png Size: 68 KB
RUSSIAN-UCRANIAN WAR CANDLESTICKS
  • #7,585
  • Feb 24, 2022 6:54am Feb 24, 2022 6:54am
Attached Image (click to enlarge)
Click to Enlarge Name: MetaTrader 4 IC Markets.png Size: 497 KB

the whole economy is affected
  • #7,586
  • Feb 24, 2022 7:32am Feb 24, 2022 7:32am
Attached Image (click to enlarge)
Click to Enlarge Name: MetaTrader 4 IC Markets_LI.jpg Size: 1.0 MB
Attached Image (click to enlarge)
Click to Enlarge Name: MetaTrader 4 IC Markets.png Size: 264 KB
IS THIS AN OCCASION FOR THE BUBBLE TO BREAK????Some thoughts.
  • #7,587
  • Feb 24, 2022 7:40am Feb 24, 2022 7:40am
Attached Image (click to enlarge)
Click to Enlarge Name: the bubble.png Size: 311 KB
the bubble
  • #7,588
  • Feb 24, 2022 1:48pm Feb 24, 2022 1:48pm
Quoting RobinHood
{quote} It's simple, they turn those colors (other than grey) when they are overbought or oversold and the default settings are 30 and 70, but they can be changed should you want to. And they turn back to grey when they are no longer overbought or oversold.
I've tried to show on my printscreen that they turn yellow on different levels, sometimes sooner than they get oversold. (Maybe it's just me and I'm not seeing it right?)
  • #7,589
  • Edited 10:33am Feb 25, 2022 9:32am | Edited 10:33am
just in case anyone needs it. i dont personally use TDI
Attached File(s)
File Type: pdf 1_5010411596569116806.pdf   1.2 MB | 477 downloads
  • #7,590
  • Feb 25, 2022 10:36am Feb 25, 2022 10:36am
and heres another, hope it helps
Attached File(s)
File Type: pdf 4_5898011281717200410.pdf   1.2 MB | 1,206 downloads
  • #7,591
  • Feb 25, 2022 3:04pm Feb 25, 2022 3:04pm
some light reading if you get bored over weekend. nothing to do with tdi
Attached File(s)
File Type: pdf 1_5186367099492106435.pdf   526 KB | 374 downloads
  • #7,592
  • Feb 25, 2022 7:01pm Feb 25, 2022 7:01pm
more stuff if your bored over weekend
Attached File(s)
File Type: pdf 4_5814697879771548033.pdf   2.4 MB | 409 downloads
File Type: pdf 4_5814697879771548034.pdf   705 KB | 319 downloads
File Type: pdf 4_5814697879771548035.pdf   789 KB | 292 downloads
File Type: pdf 4_5814697879771548036.pdf   1.0 MB | 326 downloads
File Type: pdf 1_4913520183798136967.pdf   3.1 MB | 383 downloads
  • #7,593
  • Feb 25, 2022 7:06pm Feb 25, 2022 7:06pm
Goodnight and Green Pips to all next week
Attached Image (click to enlarge)
Click to Enlarge Name: external-content.duckduckgo-1.jpg Size: 36 KB
  • #7,594
  • Mar 1, 2022 8:57am Mar 1, 2022 8:57am
Quoting RobinHood
{quote} I spent many, many years trying to perfect my stock trading method. I won't say that I've done that, but just like in hand grenades and horseshoes, I only need to get close to win...and THAT I have successfully done. The great strength to my stock trading method is it telling me when to get out before giving too much of the profits back. back. I'll give you 3 important points to consider... 1. Look at WEEKLY stock charts, ones that are relatively smooth like Apple, Google and Microsoft. 2. Using what you've learned here, go apply it to stocks....
Robinhood, hope you're well. Sorry to dig up such an old post, i've been doing some re-reading and wanted to ask a question here.

You were quite specific here and capitalised WEEKLY, when looking for stocks to trade. Are you indicating that you wont NOT recommend trading stocks on a daily chart, or that you would screen for smooth price action on a weekly chart, before considering trading the daily chart?

I understand your lifestyle makes weekly your preference.

I've been trading with your system on demo stocks using the daily charts over the last month (prior to the unstability this last week) with not much success at all. I had hoped that the abundance of different stocks available would allow me to make more 'perfect' entries than forex offers, however it doesn't seem to have worked that way.

Thanks again for your ongoing contributions, as an unprofitable trader I dont feel I have much quality to contribute to the thread, but I do read the thread every single day and appreciate all your efforts.

Paul.
  • #7,595
  • Edited 12:36pm Mar 1, 2022 9:10am | Edited 12:36pm
Quoting UkSmurfy
{quote} Robinhood, hope you're well. Sorry to dig up such an old post, i've been doing some re-reading and wanted to ask a question here. You were quite specific here and capitalised WEEKLY, when looking for stocks to trade. Are you indicating that you wont NOT recommend trading stocks on a daily chart, or that you would screen for smooth price action on a weekly chart, before considering trading the daily chart? I understand your lifestyle makes weekly your preference. I've been trading with your system on demo stocks using the daily charts over...
Hi Paul,

I just wanted to respond very quickly. Answering this post is going to take some time to write out properly, time that I don't have right now because I am day trading. I will come back later today after the market closes (4 pm EST) and reply in depth.

------------------------------

Hi Paul,

Christmas came early! Check out the bottom half of Post # 1 on Page # 1.

Let me know if you have any questions.
Always a Student, Never a Master - Emulate What Works
  • #7,596
  • Mar 1, 2022 3:39pm Mar 1, 2022 3:39pm
I just finished reading the whole thread and tried a couple of trades strictly using the 4 hour for signals and the daily for confirmation. I was able to pass a FTMO trial challenge in about 1 week give or take. Although I will fully admit I did accidentally enter a trade on 2% risk when I wanted to do 1% because I forgot to change the settings on the EA, and it ended up being a nice runner. In a sense, I feel like this is a major case of beginner's luck. I am going to keep practicing until I feel like I am consistent enough to try out for an actual prop firm challenge. Thank you RH for the strategy.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 144 KB
Click to Enlarge Name: 2022-03-01 (2).png Size: 36 KB
  • #7,597
  • Mar 1, 2022 4:56pm Mar 1, 2022 4:56pm
Quoting Entelex
I just finished reading the whole thread and tried a couple of trades strictly using the 4 hour for signals and the daily for confirmation. I was able to pass a FTMO trial challenge in about 1 week give or take. Although I will fully admit I did accidentally enter a trade on 2% risk when I wanted to do 1% because I forgot to change the settings on the EA, and it ended up being a nice runner. In a sense, I feel like this is a major case of beginner's luck. I am going to keep practicing until I feel like I am consistent enough to try out for an actual...
Thank you, congratulations, and good luck!
Always a Student, Never a Master - Emulate What Works
  • #7,598
  • Mar 2, 2022 3:52am Mar 2, 2022 3:52am
Quoting RobinHood
{quote} Hi Paul, I just wanted to respond very quickly. Answering this post is going to take some time to write out properly, time that I don't have right now because I am day trading. I will come back later today after the market closes (4 pm EST) and reply in depth. ------------------------------ Hi Paul, Christmas came early! Check out the bottom half of Post # 1 on Page # 1. Let me know if you have any questions.
I'll have a good read of that today, thanks!

Paul.
  • #7,599
  • Mar 2, 2022 3:58am Mar 2, 2022 3:58am
Quoting Michael.MSA
Dear members. I'm going to try the following on the next week. On these 30 charts I look for a good trading opportunity. {image} Here are 28 currencies, silver and gold. I quickly switch through all the time frames on each chart to see what's going on. When I find something interesting, (here “USDCAD H4”_the yellow line is the trade) I go to this chart to take a closer look and maybe make my trade. {image} That's it. _______________________________________ Another thing I want to test, is the possibility with two HMA dashboards. {image} One has...
Can you share this indicator? Tks so much!!!!
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 12 KB
  • #7,600
  • Mar 2, 2022 2:57pm Mar 2, 2022 2:57pm
Quoting RobinHood
{quote} Hi Paul, I just wanted to respond very quickly. Answering this post is going to take some time to write out properly, time that I don't have right now because I am day trading. I will come back later today after the market closes (4 pm EST) and reply in depth. ------------------------------ Hi Paul, Christmas came early! Check out the bottom half of Post # 1 on Page # 1. Let me know if you have any questions.
Just wanted to take a second to thank you for your additions to post 1. I've spent the day tinkering and it's taught me more about how markets move than anything i've seen. This is invaluable to me, thank you.

Paul.
11 traders viewing now, 1 is registered:
forrest85