Trading Made Simple | Page 6521 | 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

  • #130,401
  • Apr 8, 2022 11:53am Apr 8, 2022 11:53am
Quoting emmanuel7788
{quote} US Markets Apr07 Tokyo local 2:45PM - today target is would be previous Day' low - but the challenge is to get the best entry with small stop loss {image}
Dear Emm,

I must admit I do not use TDI and EMA10 instead of EMA 5(2), which is the reason I usually don't post anything here. Nevertheless I will thank you very much for your ongoing very valuable contributions. It is and was always an inspiration to me and finally to some extend the trigger to become succesful. I do hope that you will continue to feed that part of FF with your view of all aspects surrounding "trading made simple" - in particular to show, that it is simple if one have the right idea about higher TF etc - or to say: what is the big picture, what are the big players maybe doing. I don't want to repeat, what you are teaching the community here. Just want to emphazise that to me this is an essential key to success.

Best Wishes and enjoy the weekend
Haendlerin
Never give up!!
  • #130,402
  • Edited 12:19pm Apr 8, 2022 12:08pm | Edited 12:19pm
Quoting haendlerin
{quote} 这种有价值但不幸的是完全没有意义的贡献使您有资格获得更高水平的废话
你這白痴不會中文就不要獻醜吧

你的廢話才真的是毫無意義。你水平這麼低怪不得看任何人你都會覺得他們高水平。
  • #130,403
  • Apr 8, 2022 12:08pm Apr 8, 2022 12:08pm
Quoting e
{quote} USDJPY Apr08 SYD 9am - closing this batch +107pips > will decide if I re-open a new basket today {image}
Hi Emmanuel7788,

Would you kindly share the APB/HA on/off indicator? TIA.

Kind regards,
Nonip.
"You can't buy the bottom, nor sell the top. The best you can strive for is
  • #130,404
  • Apr 8, 2022 12:16pm Apr 8, 2022 12:16pm
Quoting tommydoginti
{quote} I trade BigE’s TMS method so it is natural to share my trades here. Thanks for your concern of my company’s products and sales. My bonus just paid and is another very good year, mid-5-digits. When we in healthcare and biotechnology look at laymen like you yelling things devaluing human intelligence, that is quite funny. Like concern of mandate (good concern because it is what I against) but because of some evil nature of things (!?) , then someone pops out and say 100% pro-mandate (!?!?). OD or what? My advice to you is simple,...
Eyes on Friday liquidity grab for big player profit taking.
closing the trade for the weekend.
Enjoy everyone

Price rejection from previous LL. #647

Attached Image (click to enlarge)
Click to Enlarge Name: 0E357F90-8FBB-43D0-8619-8C3D902DC321.png Size: 487 KB
Attached Image (click to enlarge)
Click to Enlarge Name: 8716D22A-FB6E-425B-AC71-FA5C0DACF0AC.jpeg Size: 44 KB
  • #130,405
  • Apr 8, 2022 12:21pm Apr 8, 2022 12:21pm
Quoting tommydoginti
{quote} 你這白痴不會中文就不要獻醜吧
Quoting tommydoginti
{quote}You idiot can't speak Chinese, so don't be ugly
About par from one of the members of the misfit band. Actually, one of your better posts, son. Kind of reveals your true side, don't ya think...
  • #130,406
  • Apr 8, 2022 12:41pm Apr 8, 2022 12:41pm
Quoting robots4me
{quote} {quote} About par from one of the members of the misfit band. Actually, one of your better posts, son. Kind of reveals your true side, don't ya think...
Lol Ugly!? wth

do some homework. Art of Chinese is something you can never appreciate if you only rely on Google Translate

https://tw.ichacha.net/m/獻醜.html
  • #130,407
  • Apr 8, 2022 12:51pm Apr 8, 2022 12:51pm
Quoting tommydoginti
{quote} Lol Ugly!? wth do some homework. Art of Chinese is something you can never appreciate if you only rely on Google Translate https://tw.ichacha.net/m/獻醜.html
Dude -- perhaps you haven't noticed -- this is a FX trading forum. The web site is called FOREX factory -- you know, as in "foreign exchange". Maybe you're lost and were looking for "Foreign Language Factory"? I think it's around the corner...

BTW -- aren't you the fella who lives in the sideways world or who hasn't yet learned how to rotate his mobile phone so pictures are properly oriented. And your company develops COVID tests? G-d help us...
  • #130,408
  • Apr 8, 2022 2:41pm Apr 8, 2022 2:41pm
Quoting Haendlerin
{quote} 这种有价值但不幸的是完全没有意义的贡献使您有资格获得更高水平的废话
Read carefully all of the posts and apply your findings appropriately.
To free Gazans of Hamas, use whatever it takes.
  • #130,409
  • Apr 8, 2022 8:18pm Apr 8, 2022 8:18pm
Quoting Nonip
{quote} Hi Emmanuel7788, Would you kindly share the APB/HA on/off indicator? TIA. Kind regards, Nonip.

@Nonip

see this recent post#128,070

> APB/HA On/Off

> M-Candles

chart example using APB/HA On/Off and M-Candles

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Apr08 APB on-off M-candle 9-4-2022 9-17-09 am.png Size: 32 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #130,410
  • Apr 8, 2022 8:27pm Apr 8, 2022 8:27pm
Quoting tommydoginti
{quote} Lol Ugly!? wth do some homework. Art of Chinese is something you can never appreciate if you only rely on Google Translate https://tw.ichacha.net/m/獻醜.html

LOL @tommydog...

word use ""Ugly" in the English speaking world

your post#129,793 is an ugly example of trading made simple

if anyone wants to know why I say it is ugly, then read my post #129,229 #FakeTradeAlert#

Attached Image (click to enlarge)
Click to Enlarge Name: tommydog #123,793 fake trade.png Size: 122 KB


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #130,411
  • Apr 8, 2022 8:35pm Apr 8, 2022 8:35pm
Quoting tommydoginti
{quote} Eyes on Friday liquidity grab for big player profit taking. closing the trade for the weekend. Enjoy everyone Price rejection from previous LL. #647 {image}{image}

I woke and open my Galaxy Fold2 and saw this,
The time was just after New York session after London had closed.


Attached Image (click to enlarge)
Click to Enlarge Name: US30 mobile chart Apr08 9-4-2022 8-38-54 am.png Size: 553 KB


waited for the setup as what Big E said in his Post#7555
>>> "iT'S NOT UNCOMMON TO FIND 3-6 TRADE SET UPS PER EVENING."

its the same type of setups I trade following Big E' TMS 5-Method

if price pulls back ... just cut the position and take a small loss.... Post#557

Attached Image (click to enlarge)
Click to Enlarge Name: US30 Apr08 trade closed NYSE last 9-4-2022 8-40-18 am.png Size: 276 KB

another good trading day to close the week.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #130,412
  • Apr 9, 2022 6:37am Apr 9, 2022 6:37am
Quoting emmanuel7788
{quote} Hi ozziedave You have been here and in Big E' old thread when he started in 2008. That's more than 10 years. Nothing have changed to Big E' 5-Method. Big E himself said you can trade his 5-Method without the Stoch and TDI in his old thread. He introduced the Stoch and TDI to help new traders learn to trade his 5-Method by his approach to blend Craig Harris' and Dean Malone' system/method to look for Price Action setups and using the Stoch and TDI conditions to filter the better setups. It is another variation of the 30 years old COWABUNGA...
Thanks for the feedback Emmanuel.
  • #130,413
  • Apr 9, 2022 7:57pm Apr 9, 2022 7:57pm
Quoting ozziedave
{quote} Thanks for the feedback Emmanuel.
hi @ozziedave

I just spent the last hour going through your post history going back to 2007 and learn a few things.

You do know a lot of stuff here in FF and picked up from many other threads.

Perhaps it is time you work on yourself and focus on what Big E shared in his old thread and spend more time and trade following his 5-Method. The Stoch and TDI are optional and since you know a few of the Price Action setups and have confidence in executing trades with these Price Action setups, you will learn how easy it is to make that $500 per day. It is a Money Management question how you will make $500 per day with an account deposit of margin $10,000.

List down what the Price Action setups you already know.
1) Price Action setups for True REVERSAL trade setup.
2) Price Action setups for CONTINUATION trade setups.
Examples,
a)you know the Master Candle I read from your old post. Use that to determine market pull-back and consolidation, then trade the breakout.
b) you have been to James16 thread, you learned the engulfing type price action and the DBHLC / DBLHC price action, use these for trade setups. These can be for both reversal and continuation types of trades.
c) you know Raghee Horner' 34EMA Wave. Follow her trading discipline rules and how to pick better trade.

In addition, you know Big E' Post#2 training chart in this thread.
Learn these price action setups too.
With these price action you can trade without the TDI as your next first step.

1.

Attached Image (click to enlarge)
Click to Enlarge Name: Big E post#2 training chart.png Size: 154 KB

2.

Attached Image (click to enlarge)
Click to Enlarge Name: Big E post#2 training chart not TDI.png Size: 125 KB

Do this for your next 100 trades and we shall see how well you will progress from here on.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #130,414
  • Apr 9, 2022 8:08pm Apr 9, 2022 8:08pm
Quoting emmanuel7788
{quote} hi @ozziedave I just spent the last hour going through your post history going back to 2007 and learn a few things. You do know a lot of stuff here in FF and picked up from many other threads. Perhaps it is time you work on yourself and focus on what Big E shared in his old thread and spend more time and trade following his 5-Method. The Stoch and TDI are optional and since you know a few of the Price Action setups and have confidence in executing trades with these Price Action setups, you will learn how easy it is to make that $500 per...

Big E and Raghee Horner in 2008.

Of course Big E knew about Raghee Horner. He traded the US stock market for 10 years.

Post#351
https://www.forexfactory.com/showthr...75#post2374275

Post#344
https://www.forexfactory.com/showthr...47#post3339247
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #130,415
  • Apr 9, 2022 8:17pm Apr 9, 2022 8:17pm
The Traders Mind

We keep hearing people mentioned about DISCIPLINE and PATIENCE being two important traits of successful traders.

But how does one need to do and have these traits is something people cannot describe.

So when does one know when he/she has the winning edge in trading this spot forex market?

So far no one has answered this simple question.

http://www.fxtradermagazine.com/

an article you can read online with the link above:


Attached Image (click to enlarge)
Click to Enlarge Name: The Traders Mind FX Magazine.png Size: 1.1 MB

Attached Image (click to enlarge)
Click to Enlarge Name: The Traders Mind(2) FX Magazine.png Size: 1.1 MB

Attached Image (click to enlarge)
Click to Enlarge Name: The Traders Mind(3) FX Magazine.png Size: 1.3 MB

Attached Image (click to enlarge)
Click to Enlarge Name: The Traders Mind(4) FX Magazine.png Size: 1.0 MB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #130,416
  • Apr 9, 2022 8:28pm Apr 9, 2022 8:28pm
Quoting emmanuel7788
{quote} ETHUSD Apr03 Sydney 11am - still heading in the 'right' direction - the the struggle between 3386 and 3684 still there for buyers to overcome ... lots of FEAR! {image} ...

ETHUSD Apr10 Sydney Sunday 11am now,

- 'big dipper' in progress

- technically more room down to 2970

Attached Image (click to enlarge)
Click to Enlarge Name: ETHUSD Daily Apr 10 SYD1222PM 10-4-2022 9-21-59 am.png Size: 29 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #130,417
  • Apr 9, 2022 8:33pm Apr 9, 2022 8:33pm
Quoting emmanuel7788
{quote} BTCUSD Apr03 Sydney 11am - we have small dipper - 46968 to watch the Daily candle close {image} ...

BTCUSD Apr10 Sydney Sunday 11am

- Daily did not close above 46968 ...

- and now we have a 'big dipper' and we are back to 43390

- sell the intraday smallish rallies


Attached Image (click to enlarge)
Click to Enlarge Name: BTCUSD Daily Apr10 SYD1220PM 10-4-2022 9-22-47 am.png Size: 29 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #130,418
  • Apr 10, 2022 4:45am Apr 10, 2022 4:45am
Have some weekend fun,

Inserted Video


enjoy
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #130,419
  • Apr 10, 2022 7:20am Apr 10, 2022 7:20am
Quoting sharemaster2
{quote} Hi Emmanuel, Good looking green pips chart you have there. You mentioned basket - opening baskets of trades - does that mean you open multiple positions on one pair or you open other pairs together. I see lines of open trades on your chart meaning you are opening few more positions on one pair. If you do not mind, can you share how you come to that decision when and why you open your baskets please. Some call this the Martingale Strategy some traders say it is risky as if it goes the other way you will lose a lot in a short time. What's...
I have open trades in 5 pairs.
See this post https://www.forexfactory.com/thread/...4#post13957744
USDJPY has been closed.
My system strategy is to trade a basket of currencies with one pair from each of the group of 6.

TMS MEME is to trade each pair with multiple entries to build up a basket of 5 positions maximum in one basket.
The risk amount per pair is divided into smaller position size with a maximum risk amount.

There is no Martingale involved. If one basket ends up a loss, then the a new basket can be open with the same risk amount.
It is not the way Big E did in his old thread where after one loss he doubles his next trade size.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #130,420
  • Apr 10, 2022 7:29am Apr 10, 2022 7:29am
Quoting sharemaster2
{quote} These charts you have lined up, do you mind explaining how this informs your decision on what the markets are doing in your own words and how you make decisions based on this please. What pairs will you trade based on what is displayed, the reason is you have adapted the original system and only the person using it can explain how they use it to any one. It also lends to the point that you now have about 10 different charts you watch to make decisions if am correct. Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: US Markets Apr08 LO 8-4-2022 3-53-59 pm.png Size: 47 KB


When day trading these indices, I check my Daily chart at certain time of the day. In this cases, I check during the running London open session.

I normally day trade Dow US30 and S&P500 but I have a general view of the overall US markets.

Using my Daily chart, I will see the recent days Open, High, Low and Close. These Day OHLC is in addition to other support & resistance in the lower timeframes which I will use to pick trade setups. On Friday, I see potential levels where I can trade in my early morning hours which is New York afternoon session and Fridy closing hours.

I picked to trade the trade setup at where the previous Day OHLC red arrows for the Friday closing.

Attached Image (click to enlarge)
Click to Enlarge Name: US Markets Apr08 NYClose 9-4-2022 10-35-12 am.png Size: 51 KB

see this post for the US30 trade.
https://www.forexfactory.com/thread/...2#post13963172


Attached Image (click to enlarge)
Click to Enlarge Name: US30 Apr08 reversal DayOpenApr05 9-4-2022 5-02-31 pm.png Size: 43 KB

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
58 traders viewing now