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Trading Made Simple 151,865 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

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Trading Made Simple(r)

  • #8,461
  • Jan 30, 2023 2:40pm Jan 30, 2023 2:40pm
Quoting emmanuel7788
{quote} Yes! see #8082 https://www.forexfactory.com/thread/...2#post14025782 and when you have mastered how to trade basic Price Action with Average Price Bar and Moving Averages Convergence and Divergence, and use a proven Money Management Strategy, you will become a very rich DISCIPLINED trader ... {image} ...
Thanks for pointing others back to that post #8082.

I see you posted a weekly chart, is that the time frame you are trading? If not, which frame are you trading?
Always a Student, Never a Master - Emulate What Works
  • #8,462
  • Jan 30, 2023 11:29pm Jan 30, 2023 11:29pm
Quoting RobinHood
{quote} I saw that for the roadmap you changed for three sma shift (-1,0,1) and three ema 34 (h,c,l). is this still valid? YES, still valid. On the other hand, trying to refine the entries/reentries (using long entries as an example): Is there a candlestick limit regarding when the yellow bar of the rho oscillator goes to the positive side and is greater than the magenta one? No, not if I understand the question correctly. The entry is when the price goes above the high of the bar that closed above the roadmap or when it goes above the close? When...
thank for you advice!
  • #8,463
  • Jan 31, 2023 2:24am Jan 31, 2023 2:24am
Quoting RobinHood
{quote} It not the same thread. The one you referenced is called "Trading Made Simple". This thread is called "Trading Made Simple(r)".
Apology, my mistake.
  • #8,464
  • Jan 31, 2023 5:16pm Jan 31, 2023 5:16pm
Quoting Tekkies
{quote} Apology, my mistake.
@Tekkies

You made several mistakes with your post.

First mistake : You were not focus on trading and trading discussions in this thread.

Second mistake: You got the fact wrong! Adam was posting in Big E' thread since 2013.

...

Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies TMSr #8457 mistake 31-1-2023 6-49-02 am.png Size: 35 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #8,465
  • Jan 31, 2023 5:18pm Jan 31, 2023 5:18pm
Quoting RobinHood
{quote} Thanks for pointing others back to that post #8082. I see you posted a weekly chart, is that the time frame you are trading? If not, which frame are you trading?
Weekly is for Wealth Creation 2023-2025 journey

re-investing profits to make one million dollars in 3 years with many 5R trades run.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #8,466
  • Jan 31, 2023 6:44pm Jan 31, 2023 6:44pm
Quoting emmanuel7788
{quote} @Tekkies You made several mistakes with your post. First mistake : You were not focus on trading and trading discussions in this thread. Second mistake: You got the fact wrong! Adam was posting in Big E' thread since 2013. ... {image} ...
As usually you got to flap your lips.
Grow up Vincent.
  • #8,467
  • Jan 31, 2023 9:25pm Jan 31, 2023 9:25pm
Quoting Tekkies
{quote} As usually you got to flap your lips. Grow up Vincent.
@Tekkies

Focus on trading and trading discussions.

No mudslinging in this thread.

Now, to help you recover from your 2022 losses, you can make the migration to trade with this template. This will help you pick the best setups.

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD Feb01 TMSr 1-2-2023 11-19-56 am.png Size: 33 KB




...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #8,468
  • Jan 31, 2023 9:38pm Jan 31, 2023 9:38pm
Quoting Tekkies
{quote} As usually you got to flap your lips. Grow up Vincent.
@Tekkies

Focus on trading and trading discussion. Do not repeat that same mistake you made with Adam' post.

Did you missed the Kiwi news today?

Now be patient and wait for US FED later today, focus on USD pairs for big moves. If you are no sure of the direction, the Weekly will give you the clue.

Attached Image (click to enlarge)
Click to Enlarge Name: FF News Feb01.png Size: 14 KB


Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSD Feb01 news 1-2-2023 11-34-52 am.png Size: 32 KB


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #8,469
  • Feb 1, 2023 12:29am Feb 1, 2023 12:29am
Quoting emmanuel7788
{quote} @Tekkies Focus on trading and trading discussion. Do not repeat that same mistake you made with Adam' post. Did you missed the Kiwi news today? Now be patient and wait for US FED later today, focus on USD pairs for big moves. If you are no sure of the direction, the Weekly will give you the clue. {image} {image} ...
hi emmanuel sorry there is internet problem here and i cant answer and post properly . i consider some simple rule for my exit and wait to see result . how you use weekly to findout news direction . i find out last minutes to release news candles are important but its very hard to use , how you use weekly to finout?
  • #8,470
  • Feb 1, 2023 6:25am Feb 1, 2023 6:25am
Quoting korosh1350
{quote} hi emmanuel sorry there is internet problem here and i cant answer and post properly . i consider some simple rule for my exit and wait to see result . how you use weekly to findout news direction . i find out last minutes to release news candles are important but its very hard to use , how you use weekly to finout?
If you have done your Weekly Top Down Analysis you would know what the market type condition is.

For example:

USDJPY Feb01 Weekly before today' FOMC

- it is sideways
- it will still be sideways after FOMC

Attached Image (click to enlarge)
Click to Enlarge Name: UJ Feb01 pre-FOMC 1-2-2023 8-19-54 pm.png Size: 26 KB


XAUUSD Feb01 Weekly before ' FOMC

- it is trending
- it will be be trending after FOMC

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD Fewb01 pre-FOMC 1-2-2023 8-20-43 pm.png Size: 32 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #8,471
  • Feb 1, 2023 8:37am Feb 1, 2023 8:37am
Quoting RobinHood
{quote} Regarding the Forex, these days I am just day trading the AUDUSD and the GBPJPY. Any more than that and I lose my focus. Yes, still the RHO template BUT... It would be more correct to say in the two lower windows, I have the smTMMS v7.3.1 in one window and the RHO in the lowest window. Not because I "need" both, but because I just like viewing both at the same time. It looks like this: {image}
Hey RobinHood

I don't know why but I like more RH oscillator maybe it's more visual for me.

Just being curious have you found something similar to SMI but for HR?
  • #8,472
  • Feb 1, 2023 1:49pm Feb 1, 2023 1:49pm
Quoting emequispips
{quote} Hey RobinHood I don't know why but I like more RH oscillator maybe it's more visual for me. Just being curious have you found something similar to SMI but for HR?
No
Always a Student, Never a Master - Emulate What Works
  • #8,473
  • Feb 1, 2023 2:03pm Feb 1, 2023 2:03pm
Quoting emmanuel7788
{quote} .................................................. Now be patient and wait for US FED later today, focus on USD pairs for big moves. If you are no sure of the direction, the Weekly will give you the clue. {image} {image} ...
Woww.. @emmanuel7788 .. you are
Look at EU
Lets make some green pips
  • #8,474
  • Feb 1, 2023 6:33pm Feb 1, 2023 6:33pm
Quoting 4rx
{quote} Woww.. @emmanuel7788 .. you are Look at EU
Having a Big Picture of the pair you trade is important.

EU broke its Weekly range' high 1.0868 in the lower timeframe before FOMC announcement.

For medium and long term swing traders, we target the historical price swing levels.

Knowing the above, and using our trading tools,

With the RHO oscillator as our guide, we are in better position to take our trades with more confidence

EU Big Picture - Weekly

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Feb02 Weekly Big Picture review FOMC 2-2-2023 8-24-18 am.png Size: 20 KB


EU TMS(r) Weekly

Attached Image (click to enlarge)
Click to Enlarge Name: EU Feb02 TMS(r) review2-2-2023 8-29-40 am.png Size: 24 KB



EU TMS(r) 4H

Attached Image (click to enlarge)
Click to Enlarge Name: EU Feb02 TMS(r) H4 review 2-2-2023 8-30-13 am.png Size: 28 KB

Keep It Simple : Work Hard and Work SMART!


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #8,475
  • Feb 6, 2023 11:21am Feb 6, 2023 11:21am
A few days ago a trader pal of mine (here on FF) who I had not heard from for a while asked me if I was still using the same template that I was using like 3 months ago and I said "Yes" which is true, BUT I later realized that I had added another indicator to my chart and forgot tell him. I don't really use it to trade, I just use it to make me more "aware" of what price is doing at certain spots.

So here's the story about the indicator...

A while back I came across a Forex trader that appears to be very successful at trading.

He only trades Daily and Weekly charts, but he refines his entries on a lower time frame chart like a 5 min. chart...IF I remember correctly (it was some months ago that I watched how he trades) and I don't remember his name but I could possibly find it if I dug deep enough.

The ONLY thing he uses on his charts to trade are Support & Resistance Lines.

His whole premise is that all price does is move back and forth between, above, and below S&R Lines (except when making new highs or new lows).

He places his stop "outside" of S&R "Zones", meaning he gives price a bit of room move around above and below each S&R Line.

I spent some time drawing the S&R Lines on my charts like he does but I found that it just gets too tiring to have to continuously do that on every chart.

So I went searching the internet for an MT4 indicator that would draw them for me automatically. *And the one I'm using also automatically erases them when they are no longer valid.

As it turned out, the best one that I found I already had in my MT4 indicator folder but I had forgotten about it because I never ended up using it.

Possibly someone posted on FF or maybe even in this thread posted it, I just don't remember where I got it from.

Here it is on a Weekly AUDUSD chart:
Attached Image (click to enlarge)
Click to Enlarge Name: S&R Weekly Chart.PNG Size: 80 KB
Here it is on a Daily AUDUSD chart:
Attached Image (click to enlarge)
Click to Enlarge Name: S&R Daily Chart.PNG Size: 77 KB

Here's the indicator:
Attached File(s)
File Type: ex4 SS_SupportResistance_v07.ex4   79 KB | 710 downloads
Always a Student, Never a Master - Emulate What Works
  • #8,476
  • Feb 6, 2023 8:57pm Feb 6, 2023 8:57pm
Thanks David, all good info, green pips to all.
  • #8,477
  • Feb 8, 2023 5:37pm Feb 8, 2023 5:37pm
I am having a strange issue with MT4.

I have my Grid set to 50,50,50 and turned on BUT every time I change the time frame the grid disappears and I have to go turn it back on.

It's defaulted in my Properties to be turned on for every template I use.

Does anyone know how to fix this issue?
Always a Student, Never a Master - Emulate What Works
  • #8,478
  • Feb 8, 2023 6:02pm Feb 8, 2023 6:02pm
Quoting RobinHood
I am having a strange issue with MT4. I have my Grid set to 50,50,50 and turned on BUT every time I change the time frame the grid disappears and I have to go turn it back on. It's defaulted in my Properties to be turned on for every template I use. Does anyone know how to fix this issue?
Try this old one.
You can change the default 50 pips to suit the symbol you trade.
Attached File(s)
File Type: mq4 Round Numbers 5 digit.mq4   8 KB | 520 downloads
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #8,479
  • Feb 8, 2023 6:10pm Feb 8, 2023 6:10pm
Quoting emmanuel7788
{quote} Try this old one. You can change the default 50 pips to suit the symbol you trade. {file}
Okay, thank you!
Always a Student, Never a Master - Emulate What Works
  • #8,480
  • Feb 10, 2023 12:53am Feb 10, 2023 12:53am
Quoting RobinHood
{quote} Okay, thank you!
RH asked me that if I usually trade the 4H frame, should I watch the W1 frame, or just D1 is enough. With 1 problem I often have is that the price runs for a while but doesn't close, so it returns to BE. Can you share the current exit method? sorry for my english. Thank you very much
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