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Trading Made Simple

  • #132,261
  • Jun 15, 2022 9:15pm Jun 15, 2022 9:15pm
Quoting havenoidea
Long usdchf @9954 good luck guys {image}



today is SNB and can be another historic moment

be prepared for volatility and larger than usual price swings ... good for TMS MEME to build positions and get better average entry price AEP.
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #132,262
  • Jun 15, 2022 9:20pm Jun 15, 2022 9:20pm
S&P500 June 16 M30 Tokyo 11:00am

- you need to have 'balls-of-steel' to take a sell trade now

- but its okay if you are the gambler-type trader and you can sell higher later if that happens


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #132,263
  • Jun 16, 2022 1:01am Jun 16, 2022 1:01am
Quoting emmanuel7788
S&P500 June 16 M30 Tokyo 11:00am - you need to have 'balls-of-steel' to take a sell trade now - but its okay if you are the gambler-type trader and you can sell higher later if that happens {image}

instead of S&P500 , I took the NAS100 sell,

2 trades closed
- first trade closed manually with my mobile while I was out running errands and saw the money
- re-open new trade at the same exit price as the M30 setup completes the H1 setup

NAS100 Jun16 trades closed

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Click to Enlarge Name: NAS100 Jun16 m30 2 trades closed 16-6-2022 1-31-37 pm.png Size: 12 KB
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #132,264
  • Jun 16, 2022 2:37am Jun 16, 2022 2:37am
Quoting emmanuel7788
S&P500 June 16 M30 Tokyo 11:00am - you need to have 'balls-of-steel' to take a sell trade now - but its okay if you are the gambler-type trader and you can sell higher later if that happens {image}
S&P500 June 16 FO ... 'Falling Knife'

- quick trade +USD500

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Click to Enlarge Name: S&P500 Jun16 FO quick trade 16-6-2022 3-35-59 pm.png Size: 14 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #132,265
  • Jun 16, 2022 6:51am Jun 16, 2022 6:51am
WAITING for New York 8am Open

- swing low and swing high, and BRN play

- if next m30 close break swing low, sell

- but risking the NY 9:30am impact

Attached Image (click to enlarge)
Click to Enlarge Name: SP500 and NAS100 swing low swing high 16-6-2022 7-48-13 pm.png Size: 32 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #132,266
  • Jun 16, 2022 6:58am Jun 16, 2022 6:58am
USDJPY Jun 16 H4 Bearish Engulfing Outside Bar setup BEEOB

- PA with MOMENTUM

- TP placed at previous price action PPA swing low

- trade closed +178pips

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Jun16 H4 POP Gun trade setup 16-6-2022 5-38-43 pm.png Size: 24 KB


- setup candle BEEOB

- one of the Three Powerful FOREX Price Patterns you can trade with Big E' 5-Method.

Learn just a few basic price action and apply them with Post#647, no need to guess what are big and small candle, be specific with what is small and what is big candle.

Three Powerful FOREX Price Patterns { download }
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #132,267
  • Jun 16, 2022 6:58am Jun 16, 2022 6:58am
Quoting Alihelmy123
USDJPY MONTLY RESISTANCE {image} USDJPY DAILY RED ENGULFING BAR FROM RESISTANCE{image}DETERMINE ENTRY AND EXIT HERE NO MORE THAN IDEA{image}
usdjpy +120 pip till now
Cut your losses. Cut your losses. Then maybe you have a chance
  • #132,268
  • Jun 16, 2022 7:04am Jun 16, 2022 7:04am
usdchf daily
return from weekly support
tdi slope good
no more than idea
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i am dont take it because i take 5 trades this week 4 closed in profit
and usdjpy daily still opening
Cut your losses. Cut your losses. Then maybe you have a chance
  • #132,269
  • Jun 16, 2022 7:05am Jun 16, 2022 7:05am
Quoting emmanuel7788
{quote} going for very long vacation ETHUSD Jun 15 FOMC {image}


You or ETH?

Hmmm I don't have ETHUSD as a ticker option in my MT4 (?). I have a (USD) cent account with Fbs...need to use a crypto trading account (with my fx broker)?
  • #132,270
  • Jun 16, 2022 7:19am Jun 16, 2022 7:19am
Powerful Trading Lessons From Jesse Livermore
- Successful trading is always an emotional battle for the speculator, not an intelligent battle.
-If you can’t sleep at night because of your stock market position, then you have gone too far
-Fear and greed are your greatest enemies
-Don’t be fooled by the charisma of other traders.
-Trading is not a get rich quick scheme.
-I believe that having the discipline to follow your rules is essential.
-Learn how to lose
-learn how to sit tight ·
-learn to take a small loss early
-Continue with trades that show you a profit, end trades that show a loss(great advice)
Cut your losses. Cut your losses. Then maybe you have a chance
  • #132,271
  • Jun 16, 2022 8:28am Jun 16, 2022 8:28am
A cup of coffee
Reading in trading topics
Daily routine
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Cut your losses. Cut your losses. Then maybe you have a chance
  • #132,272
  • Jun 16, 2022 11:32am Jun 16, 2022 11:32am
Quoting Alihelmy123
A cup of coffee Reading in trading topics Daily routine {image}
Good one!

Remember the actions BigE took when doing charting with Trading Made Simple templates.

I just glance at the TDI for set ups when the new candle opens... If I see a set up... green just crossing red I'll take the trade, turn off the puter and go to bed. Four hours later (1:50am) my alarm goes off for the new candles and I take a peek..

This is overlooked by some "senior" traders, but it is the key to overcome an issue that the TDI indicator on #25 has.

Follow BigE's posts and you will understand why.

Trade Well
  • #132,273
  • Jun 16, 2022 11:40am Jun 16, 2022 11:40am
Quoting tommydoginti
{quote} Starting the week with a rough trade but ended up in profit. #495 SL placement. Second trade in ranging condition so safe TP. #647 Simple Price Action: Highs and Lows. TDI cross signals at entry timeframe. {image} {image}
End of the 2-week cycle.

Just follow BigE's posts.
A few trades is enough.

kepp it simple.

A few failed attempts to catch reversal, itchy finger trades.
Follow #647 to enter at safe positions to close with BE.

Finally a good reversal entry.
Off until next week.

Enjoy the day everyone.

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* I consider the BE+ positions "losing" trades because the analysis was not accurate.
Yet even the TMS setup did not work out they had high chance of going into profit zone for easy trade management (e.g. trail stoploss).
  • #132,274
  • Jun 16, 2022 11:42am Jun 16, 2022 11:42am
Quoting tommydoginti
{quote} End of the 2-week cycle. Just follow BigE's posts. A few trades is enough. kepp it simple. A few failed attempts to catch reversal, itchy finger trades. Follow #647 to enter at safe positions to close with BE. Finally a good reversal entry. Off until next week. Enjoy the day everyone. {image}{image}{image}
Reason of GU buy anticipating the reversal.

#647.
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Then TDI cross


Just this simple.

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  • #132,275
  • Jun 16, 2022 1:32pm Jun 16, 2022 1:32pm
Quoting tommydoginti
{quote} Good one! Remember the actions BigE took when doing charting with Trading Made Simple templates. I just glance at the TDI for set ups when the new candle opens... If I see a set up... green just crossing red I'll take the trade, turn off the puter and go to bed. Four hours later (1:50am) my alarm goes off for the new candles and I take a peek.. This is overlooked by some "senior" traders, but it is the key to overcome an issue that the TDI indicator on #25 has. Follow BigE's posts and you will understand why. Trade Well
turn off the puter

Yes. This was a key point for Tekkies when he realized that BigE was refreshing his charts with that action. Some other members, however, still refuse to accept that it is that simple.
To free Gazans of Hamas, use whatever it takes.
  • #132,276
  • Jun 16, 2022 2:10pm Jun 16, 2022 2:10pm
Quoting emmanuel7788
WAITING for New York 8am Open - swing low and swing high, and BRN play - if next m30 close break swing low, sell - but risking the NY 9:30am impact

Attached Image (click to enlarge)
Click to Enlarge Name: SP500 and NAS100 swing low swing high 16-6-2022 7-48-13 pm.png Size: 32 KB


{image}

S&P500 and NAS100 Price Action setups

- knowing what to trade and when to trade

- being patient is key to pick the best trade setups

> did you missed the NY 9:30am opening?

> it is common typical setup most of the days

Attached Image (click to enlarge)
Click to Enlarge Name: SP500 and NAS100 swing low break entry 17-6-2022 3-02-44 am.png Size: 35 KB


> there are also two advanced price action setups for those who know X-Man 'price action is king'
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #132,277
  • Jun 16, 2022 2:21pm Jun 16, 2022 2:21pm
Quoting Alihelmy123
Powerful Trading Lessons From Jesse Livermore - Successful trading is always an emotional battle for the speculator, not an intelligent battle. -If you can’t sleep at night because of your stock market position, then you have gone too far -Fear and greed are your greatest enemies -Don’t be fooled by the charisma of other traders. -Trading is not a get rich quick scheme. -I believe that having the discipline to follow your rules is essential. -Learn how to lose -learn how to sit tight · -learn to take a small loss early -Continue with trades that...
Jesse Livermore was a legend

"-Fear and greed are your greatest enemies"

and at the same time you can make Fear and Greed your friends too

Warren Buffet has this:

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Click to Enlarge Name: Fear and Greed Warren Buffett.png Size: 192 KB

as investors and traders, we need to have the balance

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #132,278
  • Jun 16, 2022 2:27pm Jun 16, 2022 2:27pm
Hey I joined Forex Factory today thinking i would get to learn a little bit more about trading and then found this forum and started reading a little but since im new to this im a little confused on where to start and i want to ask if anybody knows where to start because i really want to learn more about BigE's method and practice hard because his method sounds very interesting and so cool, Thank you everyone!
  • #132,279
  • Jun 16, 2022 2:31pm Jun 16, 2022 2:31pm
Quoting tommydoginti
{quote} Reason of GU buy anticipating the reversal. #647. {image}Then TDI cross Just this simple. {image}
GU Jun 16 H4 Master Candle and BUEOB

If you follow Big E' post and know the price action in Post#647

- you will see the consolidation Master Candle ... a big candle with several small candle within the bog candle high-low

- then the big candle breakout is a Bullish Engulfing Outside Bar setup and entry candle

- it is really that simple but you need to have trained eyes and know what to look for and when to trade

Attached Image (click to enlarge)
Click to Enlarge Name: GU Jun16 H4 Master Candle BUEOB 17-6-2022 3-26-33 am.png Size: 30 KB


- setup candle BUEOB

- one of the Three Powerful FOREX Price Patterns you can trade with Big E' 5-Method.

Learn just a few basic price action and apply them with Post#647, no need to guess what are big and small candle, be specific with what is small and what is big candle.

Three Powerful FOREX Price Patterns { download }
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #132,280
  • Jun 16, 2022 2:35pm Jun 16, 2022 2:35pm
Quoting tommydoginti
{quote} Good one! Remember the actions BigE took when doing charting with Trading Made Simple templates. I just glance at the TDI for set ups when the new candle opens... If I see a set up... green just crossing red I'll take the trade, turn off the puter and go to bed. Four hours later (1:50am) my alarm goes off for the new candles and I take a peek.. This is overlooked by some "senior" traders, but it is the key to overcome an issue that the TDI indicator on #25 has. Follow BigE's posts and you will understand why. Trade Well
i cant understand this point please more clarification
Cut your losses. Cut your losses. Then maybe you have a chance
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