Trading Made Simple | Page 6783 | 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

  • #135,641
  • Nov 4, 2022 6:13am Nov 4, 2022 6:13am
Quoting bodal
{quote} Hi Emmanuel7788, 4H and daily time frames are the only one that I can afford nothing under ! You have a tremendous win rate ! I preserve a cautious risk management so my usual (and consistently) monthly increase in capital is between 2% and 3% , with a win rate of 70%. It's perfect for my personality and possibilities. I did have learned from you some valuable things too. Best NFP and week end.
You have a tremendous win rate !

LOL. No, he does not!! Read the whole thread and discover the truth for yourself. He posted maybe about a year ago that he FINALLY, after 10 years of trying, has managed to achieve the BEGINNER'S success rate of 65%!!! And with the many times that his account has taken a huge loss, like he also has posted more than once in this thread, that dismal 65% success rate is going to take him YEARS to recover his current losses, assuming that he wouldn't have some more catastrophic losses along the way.
To free Gazans of Hamas, use whatever it takes.
  • #135,642
  • Nov 4, 2022 6:14am Nov 4, 2022 6:14am
Quoting emmanuel7788
{quote} kind of early when there is no change in the m5 structure {image} ...
break of structure can be found in m1
i do that for my first shot when price approaching relevant htf support resistance.
ITB - Seeing Orderliness amongst 'Randomness'
  • #135,643
  • Nov 4, 2022 6:17am Nov 4, 2022 6:17am
Quoting Inthebox
{quote} {image}

I see you have aggressive entry.

yellow arrow for setup entry

red arrow for exit

Attached Image (click to enlarge)
Click to Enlarge Name: InTheBox GU M5 entries 4-11-2022 7-13-40 pm.png Size: 28 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #135,644
  • Nov 4, 2022 6:17am Nov 4, 2022 6:17am
Quoting emmanuel7788
{quote} {image}
Since you like to flap lips Vincent, You got some serious problems of your own.
> 20 trades > 3392.76
> 1 trade > SL at 3534.76
Post 135,524 Example Lot size 1.60 Profit 146.17.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 23 KB


Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 5 KB
  • #135,645
  • Nov 4, 2022 6:18am Nov 4, 2022 6:18am
Quoting Inthebox
{quote} break of structure can be found in m1 i do that when price approaching relevant htf support resistance.

OK.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #135,646
  • Nov 4, 2022 6:20am Nov 4, 2022 6:20am
Quoting Tekkies
{quote} Since you like to flap lips Vincent, You got some serious problems of your own. > 20 trades > 3392.76 > 1 trade > SL at 3534.76 Post 135,524 Example Lot size 1.60 Profit 146.17. {image} {image}

OK @Tekkies

Its OKAY when you are back to Demo trading.

I am looking forward to see you recover #1176 trades losses this year.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #135,647
  • Nov 4, 2022 6:23am Nov 4, 2022 6:23am
Quoting Tekkies
{quote} Allowed them to have the breadcrumbs {image}
I see that trade went into profit. So if you exited soon enough, no problem.
To free Gazans of Hamas, use whatever it takes.
  • #135,648
  • Nov 4, 2022 6:25am Nov 4, 2022 6:25am
Quoting Tekkies
{quote} Since you like to flap lips Vincent, You got some serious problems of your own. > 20 trades > 3392.76 > 1 trade > SL at 3534.76 Post 135,524 Example Lot size 1.60 Profit 146.17. {image} {image}
why didn't you bought in at 1616-1617 when it was about to form a triple button, free money ...
that's kind of trade only happen like few times a year
you would be up way wayyyy more
  • #135,649
  • Nov 4, 2022 6:31am Nov 4, 2022 6:31am
Quoting Inthebox
short {image}
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 13 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #135,650
  • Nov 4, 2022 6:35am Nov 4, 2022 6:35am
Quoting emmanuel7788
{quote} OK @Tekkies Its OKAY when you are back to Demo trading. I am looking forward to see you recover #1176 trades losses this year.
Agree, demo is not the same as live.
> That does not change the TDI setup signal in both types of account's.

recover #1176 trades
That can happen. Only need 4 of them > 1 trade > SL at 3534.76
  • #135,651
  • Nov 4, 2022 6:38am Nov 4, 2022 6:38am
Quoting TwFXtrader
{quote} why didn't you bought in at 1616-1617 when it was about to form a triple button, free money ... that's kind of trade only happen like few times a year you would be up way wayyyy more
No TDI setup signal

Already late for this Sell setup signal
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 9 KB


edit: kind of trade only happen like few times a year
With TDI setup signal it happens everyday
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 18 KB
  • #135,652
  • Nov 4, 2022 6:44am Nov 4, 2022 6:44am
Quoting Tekkies
{quote} Agree, demo is not the same as live. > That does not change the TDI setup signal in both types of account's. recover #1176 trades That can happen. Only need 4 of them > 1 trade > SL at 3534.76

Yes @Tekkies

Correct!

Money Management strategies work in both Demo and Live accounts.

About your #1176 trades losses, you can recover all that money you lost in less than 250 trades. No need for another 1176 trades.

You can do it. Follow Big E Post#281 and make the transition to trade the 4hr for a start. Just Do It.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #135,653
  • Nov 4, 2022 6:46am Nov 4, 2022 6:46am
Quoting TwFXtrader
{quote} why didn't you bought in at 1616-1617 when it was about to form a triple button, free money ... that's kind of trade only happen like few times a year you would be up way wayyyy more

I am a 4H swing trader. 1616-1617 is good place.... previous price action was

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD Nov 04 H4 review 4-11-2022 7-30-29 pm.png Size: 27 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #135,654
  • Nov 4, 2022 6:51am Nov 4, 2022 6:51am
Quoting Tekkies
{quote} No TDI setup signal Already late for this Sell setup signal {image} edit: kind of trade only happen like few times a year With TDI setup signal it happens everyday {image}

@Tekkies

...4hr chart

There is swing low at the 1620 region and True REVERSAL with Stoch cross signal and also also the TDI confirmed the setup candle.

Note: Both Stoch(8,3,3,) and Stoch(14,3,3,) shows confluence ... COWABUNGA confirmation.
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD H4 1616 4-11-2022 7-47-59 pm.png Size: 42 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #135,655
  • Nov 4, 2022 7:00am Nov 4, 2022 7:00am
Quoting Tekkies
{quote} No TDI setup signal Already late for this Sell setup signal {image} edit: kind of trade only happen like few times a year With TDI setup signal it happens everyday {image}


so for the past 2 years gold only hit 1616 area like 2 times
yesterday was the 3rd time into forming a small W pattern.

the chances of it bouncing off support were super high.

The trade I took yesterday it does really happen a few times in years
that's why don't trade what indicators tell you

you can literally make bank by trading a high probability trade like yesterday.
  • #135,656
  • Nov 4, 2022 7:00am Nov 4, 2022 7:00am
Quoting emmanuel7788
{quote} @Tekkies ...4hr chart There is swing low at the 1620 region and True REVERSAL with Stoch cross signal and also also the TDI confirmed the setup candle. Note: Both Stoch(8,3,3,) and Stoch(14,3,3,) shows confluence ... COWABUNGA confirmation. {image}
Bite me.
-----
So what!!!! There is everyday similar setups on all currency pairs. Never realized that I am compelled to trade every setup that comes along.
  • #135,657
  • Nov 4, 2022 7:11am Nov 4, 2022 7:11am
Quoting TwFXtrader
{quote} so for the past 2 years gold only hit 1616 area like 2 times yesterday was the 3rd time into forming a small W pattern. the chances of it bouncing off support were super high. The trade I took yesterday it does really happen a few times in years that's why don't trade what indicators tell you
Can you please provide a forexfactory post number for that trade you took yesterday.

It is rather difficult to visualize the W pattern, since you did not mention which timeframe to look at (M1 <> MN)
  • #135,658
  • Edited 7:40am Nov 4, 2022 7:22am | Edited 7:40am
Quoting Tekkies
{quote} Can you please provide a forexfactory post number for that trade you took yesterday. It is rather difficult to visualize the W pattern, since you did not mention which timeframe to look at (M1 <> MN)
third arrow is where i entered my trade , pure support and resist 0 indicators used
from this trade I'm up 7000% in two days
news is about to come out so things might change
with almost 0 to no risk

this is one hour char, you can go to 4 hr to see the whole picture
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 13 KB
  • #135,659
  • Nov 4, 2022 7:22am Nov 4, 2022 7:22am
Quoting emmanuel7788
{quote} Yes @Tekkies Correct! Money Management strategies work in both Demo and Live accounts. About your #1176 trades losses, you can recover all that money you lost in less than 250 trades. No need for another 1176 trades. You can do it. Follow Big E Post#281 and make the transition to trade the 4hr for a start. Just Do It.
It is 307 losses not 1176.
Damint, you can not even understand what is posted. Why should I even bother with the crap you post now.
Post 135,379
  • #135,660
  • Nov 4, 2022 7:36am Nov 4, 2022 7:36am
Quoting emmanuel7788
{quote} @Tekkies ...4hr chart There is swing low at the 1620 region and True REVERSAL with Stoch cross signal and also also the TDI confirmed the setup candle. Note: Both Stoch(8,3,3,) and Stoch(14,3,3,) shows confluence ... COWABUNGA confirmation. {image}
also it starts climbing right after new york open
probably the best trade i made in years
kinda lucky with good timing too
but things can change though
79 traders viewing now