Trading Made Simple | Page 6725 | 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

  • #134,481
  • Sep 18, 2022 7:29pm Sep 18, 2022 7:29pm
Quoting emmanuel7788
PM Q&As - many PMs over the past week and on weekend - I'll try post some charts examples to help answer some of the most frequently asked questions here stay tuned!

PM Q&As

- what is ADR?

- do I use an indicator to calculate the trading range.

Answer:

Follow the OP's post. He used the ADR from CompassFX which he paid for.

see his posts:

https://www.forexfactory.com/thread/...96#post4413296

https://www.forexfactory.com/thread/...62#post4413262

https://www.forexfactory.com/thread/...49#post4373649

https://www.forexfactory.com/thread/...81#post3336681

https://www.forexfactory.com/thread/...43#post2287943

you will find one shared by other members here and it free.

look in this thread' paperclip attachments

Attached Image (click to enlarge)
Click to Enlarge Name: TMS ADR list 19-9-2022 8-28-29 am.png Size: 61 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,482
  • Sep 19, 2022 3:07am Sep 19, 2022 3:07am
Quoting eelfranz
4hr trades at night. I check for set ups at 10pm Pacific,2am and close all 4 hour trades by 6am Pacific.... {file}

Its one hour to the Pacific 2am 4hr candle. We are in the trade window of the last 4hr 10pm PDT,

by now looking at all your 8 pairs you know if there is any potential trade.

it is really trading made simple
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,483
  • Sep 19, 2022 3:11am Sep 19, 2022 3:11am
GU Sep19

- looking at the Weekly, Daily and H4

- preparing a trade plan is easy


Attached Image (click to enlarge)
Click to Enlarge Name: GU Sep19 pipware LO2 19-9-2022 4-08-57 pm.png Size: 35 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,484
  • Sep 19, 2022 6:56pm Sep 19, 2022 6:56pm
Quoting emmanuel7788
{quote} UJ Sep19 H1 Tokyo 9am local - look at the Daily, its not trending, the Daily candles are small and not making any HH HL or LL LH,... - best decision is to WAIT! - Price Action daily is Double Inside Bar, its an opportunity for trading later, - with the Daily candles OHLC, you have support&resistance, look at the CONFLUENCE of other support&resistance,... {image}
Quoting emmanuel7788
{quote} UJ Sep19 Weekly chart - we have a Weekly Control Candle High-Low - this is just one of several different ways to see the Market Type Conditions without any use of technical indicators. - what is the range of the WCC High-Low? {image}


UJ Sep19 H1 TMS-II trades closed

- 3 positions closed +15pips, +50poips and +43pips

- day-trading in Weekly sideways market type #2

Attached Image (click to enlarge)
Click to Enlarge Name: UJ Sep19 trades closed 20-9-2022 7-47-04 am.png Size: 38 KB

set file for EA
THV CaveManager


Attached File(s)
File Type: txt CM UJ Sep19 3exits .txt   3 KB | 258 downloads
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,485
  • Sep 19, 2022 7:11pm Sep 19, 2022 7:11pm
Quoting emmanuel7788
{quote} {quote} UJ Sep19 H1 TMS-II trades closed - 3 positions closed +15pips, +50poips and +43pips - day-trading in Weekly sideways market type #2 {image} set file for EA THV CaveManager {file}

UJ Sep19 H1 Bullish Momentum setup candle

- note the small APB/HA candle body but the price bar/candle was strong bullish closed above the APB/HA candle close

- 2 bars reversal setup


Attached Image (click to enlarge)
Click to Enlarge Name: UJ Sep19 H1 bullish momentum candle 20-9-2022 8-05-32 am.png Size: 57 KB



....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,486
  • Sep 19, 2022 7:39pm Sep 19, 2022 7:39pm
Quoting emmanuel7788
GU Sep19 - looking at the Weekly, Daily and H4 - preparing a trade plan is easy {image}

GU Sep20

- H4 correction as we see the price action breaks above its 10EMA but is below its 50EMA

- Weekly and Daily remains below their 10EMA

- note the Daily candles, first the pullback then the double pin bar

- keep your chart analysis simple, just follow and use the timeframes charts your want to trade

- today's day-trading price levels 1.1450 and 1.1500 *CONFLUENCE of several 'support&resistance'

- a re-test of 1.1500ish can be a setup for sell



Attached Image (click to enlarge)
Click to Enlarge Name: GU Sep20 H4 correction 20-9-2022 8-32-38 am.png Size: 41 KB


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,487
  • Sep 19, 2022 7:46pm Sep 19, 2022 7:46pm
Quoting emmanuel7788
{quote} GU Sep20 - H4 correction as we see the price action breaks above its 10EMA but is below its 50EMA - Weekly and Daily remains below their 10EMA - note the Daily candles, first the pullback then the double pin bar - keep your chart analysis simple, just follow and use the timeframes charts your want to trade - today's day-trading price levels 1.1450 and 1.1500 *CONFLUENCE of several 'support&resistance' - a re-test of 1.1500ish can be a setup for sell {image} ...

GU Sep20 day-trading support and resistance

- many swing highs and swing lows seen to the left

- the previous days - Daily OHLC ... Open, High, Low and Close

- common TMS moving averages - 10ema, 50ema 200ema

- the price BRNs and RNs
Attached Image (click to enlarge)
Click to Enlarge Name: GU Sep20 H1 day trading 20-9-2022 8-41-48 am.png Size: 35 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,488
  • Sep 19, 2022 8:07pm Sep 19, 2022 8:07pm
AU Sep20 Tokyo 10am

- the first 4hr candle for the day

- I see a H4 pullback candle (X-Man' thread) { link }

- H1 is a bearish engulfing outside bar BEEOB


Attached Image (click to enlarge)
Click to Enlarge Name: AU Sep20 H1 Toktyo 10am 20-9-2022 9-01-17 am.png Size: 59 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,489
  • Sep 19, 2022 9:24pm Sep 19, 2022 9:24pm
Quoting eelfranz
How about it gang... How about posting good trades as you find them and explain why you would have taken it... You'll learn much faster... or post Bad Trades and why they are bad... this will help you... time frame or pair doesn't matter...

EU Sep20 H1 Tokyo 11am

- do you trade EU at this hour of the day?

- do you trade narrow ranged sideways market type#3?

- do you trade against the Weekly and Daily?



Attached Image (click to enlarge)
Click to Enlarge Name: EU Sep20 h1 Tokyo 11am 20-9-2022 10-19-33 am.png Size: 50 KB




...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,490
  • Sep 20, 2022 1:55am Sep 20, 2022 1:55am
Quoting emmanuel7788
{quote} GU Sep20 day-trading support and resistance - many swing highs and swing lows seen to the left - the previous days - Daily OHLC ... Open, High, Low and Close - common TMS moving averages - 10ema, 50ema 200ema - the price BRNs and RNs {image}

GU Sep20 London 7:55am

- H4 must WAIT!

Attached Image (click to enlarge)
Click to Enlarge Name: GU Sep20 H1 pre-LO 20-9-2022 2-52-36 pm.png Size: 44 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,491
  • Sep 20, 2022 2:03am Sep 20, 2022 2:03am
Quoting emmanuel7788
AU Sep20 Tokyo 10am - the first 4hr candle for the day - I see a H4 pullback candle (X-Man' thread) { link } - H1 is a bearish engulfing outside bar BEEOB {image} ...

AU Sep20 H1 trades closed

- very thin liquidity during the morning session

- 3 positions , +15pips and remaining 2 stopped out +2pips

- now we shall see what happens when LO

Attached Image (click to enlarge)
Click to Enlarge Name: AU Sep20 Trades closed 20-9-2022 2-59-48 pm.png Size: 36 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,492
  • Sep 20, 2022 3:06am Sep 20, 2022 3:06am
Quoting emmanuel7788
{quote} GU Sep20 London 7:55am - H4 must WAIT! {image} ...

GU Sep20 H1 trades closed

- TP1 +15pips

- pullback from the Asian high got stopped out by CM Capital Protection +2 pips

- now possible re-entry

- there is room to BRN 1.1500 and 200EMA

Attached Image (click to enlarge)
Click to Enlarge Name: GU Sep20 h1 trades closed 20-9-2022 4-00-52 pm.png Size: 52 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,493
  • Sep 20, 2022 7:11pm Sep 20, 2022 7:11pm
Quoting emmanuel7788
{quote} AU Sep20 H1 trades closed - very thin liquidity during the morning session - 3 positions , +15pips and remaining 2 stopped out +2pips - now we shall see what happens when LO {image}

AU Sep20 trades closed London session

- 2 more trades closed +15pips remaining +2pips stopped out by the pullback

- note the narrow ADR

Attached Image (click to enlarge)
Click to Enlarge Name: AU Sep20 trades closed London session 21-9-2022 7-56-47 am.png Size: 36 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,494
  • Sep 20, 2022 7:15pm Sep 20, 2022 7:15pm
Quoting emmanuel7788
{quote} EU Sep20 H1 Tokyo 11am - do you trade EU at this hour of the day? - do you trade narrow ranged sideways market type#3? - do you trade against the Weekly and Daily? {image} ...

EU Sep20 trades closed

- 3 trades exit, TP1 +15pips , TP2 +50pips and TP3 CSTSL hit +30pips

- with ADR above 100pips, need to adjust the TMS-II exit management

- and try for the 100pips target TP3


Attached Image (click to enlarge)
Click to Enlarge Name: EU Sep20 H1 trades closed 21-9-2022 7-47-53 am.png Size: 35 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,495
  • Sep 20, 2022 7:31pm Sep 20, 2022 7:31pm
GJ Sep21 H4 Week 38

- PA is back to where previous week Close week 37

- note the Weekly Control Candle Week36, High-Low 166.31 - 160.66

- good ADR range for TP3 100pips

Attached Image (click to enlarge)
Click to Enlarge Name: GJ Sep21 H4 pipware 21-9-2022 8-27-52 am.png Size: 44 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,496
  • Sep 20, 2022 8:06pm Sep 20, 2022 8:06pm
UJ Sep21 H1 Tokyo10am

- nice 4hr opening setup BUEOB

- #647 ... small candles , big candle ,


Attached Image (click to enlarge)
Click to Enlarge Name: UJ Sep21 Tokyo 10am 21-9-2022 9-04-51 am.png Size: 52 KB

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,497
  • Sep 20, 2022 8:32pm Sep 20, 2022 8:32pm
Quoting eelfranz
Your safest trades will always be when green crosses red and you enter on candle 1 or 2... odds are in your favor. Why? Because I'm expecting 3-8 candles... which is average...
With bounce trades the odds are lower for your success... but it still works.
When wanting to enter a TDI trade... take a moment first to observe basic 4x things... like:
How...
#647 is basic forex stuff

learn more of the basic price action stuff, its free!

https://tradingstrategyguides.com/pr...ding-strategy/
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,498
  • Sep 21, 2022 1:07am Sep 21, 2022 1:07am
EU Sep21 H1 Tokyo 3pm

- its still within the Pacific 10PM 4hr trade window

- a good H1 setup for possible continuation

- a H1 Master Candle consolidation breakout!

- always trade with initial Stop Loss 'R' and do your trade Position Sizing, you will nenevr lose more than your initial risk R


Attached Image (click to enlarge)
Click to Enlarge Name: EU Sep20 H1 Tokyo 3pm 4hr 21-9-2022 2-00-39 pm.png Size: 51 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,499
  • Sep 21, 2022 6:57am Sep 21, 2022 6:57am
Quoting emmanuel7788
{quote} GJ Sep21 H4 EST 5am PDT 2AM - its that 4hr candle PDT 2am - FEAR and GREED {image} ...
What strategy you use, I found you in every thread in FF ...
  • #134,500
  • Sep 21, 2022 7:06am Sep 21, 2022 7:06am
Quoting Homamiadana
{quote} What strategy you use, I found you in every thread in FF ...
The flavour of the day!!!!!!
72 traders viewing now