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Trading Made Simple the right way, and other trading lessons 324 replies

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Attachments: Trading Made Simple
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Trading Made Simple

usd cad going down
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Quoting cityrohit
hanover sir macd trad fitted to my own macd testing time {image}

what is your exit rules?
Quoting cityrohit
{image}{image}{image} usdcad comming down and gbpusd up but have to wait for at least on cross up

AS IT GOES JUST SEE GBP USD AND USD CAD WHERE THEY ARE NOW
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Quoting amiralifx
{quote} what is your exit rules?

red touches the macd main line of hanover macd
Quoting amiralifx
{quote} what is your exit rules?
first enyry rules when yellow (20sma) crosses red line (normal macd 122609) and i have to watch the other two macds what they are doing and exit when red line touches the white main line of hanover macd
In continurtion of the usd cad call
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when i go live with my live trading account please do what you are doing here
Quoting cityrohit
in continurtion of the usd cad call{image} when i go live with my live trading account please do what you are doing here


then i go tempted to square my positions
Quoting cityrohit
{quote} first enyry rules when yellow (20sma) crosses red line (normal macd 122609) and i have to watch the other two macds what they are doing and exit when red line touches the white main line of hanover macd


it is something i can see a rally shortly happing on the chart might it takes another day or two
Quoting cityrohit
{quote} red touches the macd main line of hanover macd


red touches the hanover white line
When you see somthing comming to your side i get tempted to square my open portion ,,,,,,,,,,,,,that is what i require my self to do what is required when falling a sudden green dot sends me a a
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feeling that it is all over but deep in my heart knows that it will fall further
Quoting cityrohit
when you see somthing comming to your side i get tempted to square my open portion ,,,,,,,,,,,,,that is what i require my self to do what is required when falling a sudden green dot sends me a a {image}feeling that it is all over but deep in my heart knows that it will fall further





from 117 usd now the profit is 99 usd
Quoting tommydoginti
{quote} The last 22 days have been pretty smooth. Good price movement. The long-term expectancy estimated to be 2.5-4. {image} {image} === The way I practice TMS can be found in the following posts by BigE, No need to add any more craps like gambling EAs and indicators. 1. TDI is heart of the TMS 5-method --- #261, #2617 All trades I share here are signaled by TDI green cross /bounce red 2. I work with...

GU Buy with BigE's Trading Made Simple.

#647
previous highs and lows

TDI bounce up

SL prev L. TP next high.



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Quoting tommydoginti
{quote} GU Buy with BigE's Trading Made Simple. #647 previous highs and lows TDI bounce up SL prev L. TP next high. {image}{image}
Day 23 done.

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Quoting emmanuel7788
{quote} NASDAQ Jul 12 pre-NYO - nice! {image}

Hi Emmanuel. Your analysis was really crappy.

You have yet to learn BigE's Trading Made Simple method.

Your "TMS" is Trading Made Sh__.

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Read and study BigE's posts on Trading Made Simple, learn to use the simple price actions as of #647 and the TDI cross and bounce signals.

Trade well.

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HHHL formation indicates a clean uptrend. BUY is the reasonable bias unless strong reason to trade countertrend. Only newbies would make such mistake
Quoting tommydoginti
{quote} Hey Emmanuel. Why don't you just work hard to improve your crappy trading? You have mental issues. You confessed to have lost money for >12 years. Your accounts were blown and suffered from huge drawdown, ~94% for example. You are a bad losing trader. Don't let your mental issues make you a bad person. Why don't you learn from you mistakes? Your Hope & Pray US30 sell. According to BigE's Trading Made Simple you should look for BUY (> This post <). {image} Cut-loss...
In BigE's Trading Made Simple, Trends are very useful. $647

In an existing uptrend, price is likely to keep going up, or goes into consolidation. Both are easy to manage positions and stay/close with profit.
Unless very strong and sudden sentiment change, it is unlikely price would go full reversal.

So better buy in an uptrend, sell in a down trend.

Only sell in an uptrend when having very strong confluence.

Otherwise it is just "Hope and Pray" (or not even have chance to do that because SL hit straightaway.)

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Quoting DrDave
{quote} It means that you Totally Disregarded Important posts, starting with post #1.
Sorry. I actually read it before posting. I'm a new member. But It is just that actually it is loads of information I'm gathering at the same time and I didn't see that the acronymous was in post #1.
This is a great system is you follow the rules. I have had great success trading the 4H charts and watching close to ten pairs for the best setups. I use 50, 100, and 200EMA's to look for the best opportunities. Always trade with the trend. Stay out when there is a central bank decision looming.
Quoting Alihelmy123
{quote} I am still in it I risk only 1% and look for big profit Remember how to mange trade Cut losess quickly and let profit run {image}
I lossed two trades today
Cadchf -10 pips
Eurcad -12pips
The two trades 0.5% loss because i dont let the market to tell me that i am wrong and hit stop
When i am wrong or no movement i get out quickly with small losses before hit stop
Cut losess quickly and let profit run
Cut your losses. Cut your losses. Then maybe you have a chance
Quoting tommydoginti
{quote} Hi Emmanuel. Your analysis was really crappy. You have yet to learn BigE's Trading Made Simple method. Your "TMS" is Trading Made Sh__. {image} Read and study BigE's posts on Trading Made Simple, learn to use the simple price actions as of #647 and the TDI cross and bounce signals. Trade well. {image} {image} HHHL formation indicates a clean uptrend. BUY is the reasonable bias unless strong reason to trade countertrend. Only newbies would make such mistake
You [emmanuel7788 ] have yet to learn BigE's Trading Made Simple method.

You have to keep in mind that most of his posts that have some kind of analysis are not based on the 5-method. He might use the words "5-method" or "TMS", or "BigE's method", but that is just rhetoric to fool the naïve. I am sure that you have noted he is totally fixated on Weekly and Daily TFs and "market type" that he finds there, while totally ignoring the fact that change progresses from smaller TFs upward, resulting in repeatedly entering trades based on these big TF directions when smaller TFs have already PROVEN the entry is in the wrong direction. If you only look to the right when crossing the street, you're likely to get run down by the traffic that you never see coming from the left.

Sadly, little chance of him improving because, as he posted, he LEARNS HIS MISTAKE, but does NOT learn FROM his mistake, so is doomed to keep repeating his mistakes. And oddly enough, he keeps posting week-after-week these same mistakes. LOL. Maybe he thinks that if he keeps doing the same losing thing over-and-over it will eventually become a winning thing, like repeating his lies over-and-over so people are eventually fooled into believing they are truths?
The markets are speaking to you. Do you know their language? I M T
Quoting tommydoginti
{quote} Day 23 done. {image}
hey @tommydog

I said this before. You have FEAR seen easily in your FTMO trading account.

what Day23 and you only made that small amount of money with FTMO' $200,00?

your Money Management strategy is crappy.

you have not learned Big E' 5-Method Price Action Trading with his Post#647.

Post#557
I'm not looking for 15 pips profit... more like 150 !

The money I put into my last trading account ($10,000) I don't even think about it. It's like the money you take to Las Vegas. You hope to win but don't often... Your taking money for entertainment and relaxation... So I don't give it a second thought... It's entertainment money as I said... Besides It always grows larger...

Post#7555
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.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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