Trading Made Simple | Page 6935 | 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

  • #138,681
  • Mar 15, 2023 7:11pm Mar 15, 2023 7:11pm
Quoting Tekkies
{image} Must be dark inside that rabbit hole.
hey @Tekkies

I know what you are thinking all the time - sometime, anytime, everytime, but not in realtime, ...

Now read and study this Big E' post,

he simply wrote "TDI flat spots, 5EMA flat areas.."

please follow Post#261 and "use your brain" , participate and think ... >>> study the price and the price action.

What price action produce the 5EMA, Typical Price, Shift+2?
answer : 5 period exponential moving average using its typical price {(High+Low+Close)/3}... displaced that 2 bars forward,

Attached Image (click to enlarge)
Click to Enlarge Name: Big E #1387 TDI falt 5EMA flat.png Size: 46 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #138,682
  • Mar 15, 2023 7:23pm Mar 15, 2023 7:23pm
Quoting Tekkies
{image} Must be dark inside that rabbit hole.
hey @Tekkies

I know what you were thinking deep down your failure pit {here}.

Now it is study time ... Big E' Post#557 below:

Is this another of his EXIT rule? No use of his TDI because it is lagging waiting for the price to Close and update the green line.

Do you know this Exit can be managed using THV CaveManager EA ?

Attached Image (click to enlarge)
Click to Enlarge Name: Big E #557.png Size: 83 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #138,683
  • Mar 15, 2023 7:35pm Mar 15, 2023 7:35pm
Quoting Tekkies
{quote} "in 5 minutes we have a new 4hr trade window ..." This must be the most informative post since forexfactory interception. Vincent, is the urge to post really that bad?
hey @Tekkies

In 30 minutes, this current H4 candle will close, a new H4 candle will OPEN, ... it is my next 4hour trade window ... and my plan is to trade during the next 4 hours.

What information do you need about how I trade TMS-II.

Attached Image (click to enlarge)
Click to Enlarge Name: GMT clock Tokyo 0930am.png Size: 35 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #138,684
  • Mar 15, 2023 7:48pm Mar 15, 2023 7:48pm
Quoting emmanuel7788
{quote} hey @tommydog If you are thinking of selling GU today, you can consider using the ADR range for targets. The weekend GAP has not been fully filled yet. A second attempt to fill this SVB? gap is possible. I would prefer a full Daily candle to close the GAP which means a larger correction move. There are two ADR targets - one is conservative, the other aggressive. {image}

Attached Image (click to enlarge)
Click to Enlarge Name: GU Mar15 H1 ADr targets 15-3-2023 7-43-19 am.png Size: 68 KB


...
GBPUSD Mar16 Trade idea:

- the SVB Gap???

- will the Daily close this gap of 50pips?

Attached Image (click to enlarge)
Click to Enlarge Name: GU GAP Mar16 16-3-2023 8-40-10 am.png Size: 17 KB


> if the market moves 50pips ...my TMS-II would exit take profits +TP1, +TP2, +TP3 , and should it pulls back, I have CP exit and also CSTSL exit


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #138,685
  • Mar 15, 2023 8:02pm Mar 15, 2023 8:02pm
Quoting emmanuel7788
{quote} GBPUSD Mar16 Trade idea: - the SVB Gap??? - will the Daily close this gap of 50pips? {image} > if the market moves 50pips ...my TMS-II would exit take profits +TP1, +TP2, +TP3 , and should it pulls back, I have CP exit and also CSTSL exit ... {image}

Day Trading GU today Mar 16 with two plans -

> please no hindsight paper trading {here} and {here} and toxic talking about Accuracy = 0% after-the-fact b*s*.

> mitigate every risk you see on your charts

> use Money Management strategy for trading different market type conditions,

> develop your Mental Strategy as your progress


Attached Image (click to enlarge)
Click to Enlarge Name: GU Mar16 M15 #647 mincharts 16-3-2023 8-49-36 am.png Size: 32 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #138,686
  • Mar 16, 2023 1:05am Mar 16, 2023 1:05am
I'm new here. I thought I have a look at the threads that are most active and found this one.
Oh wow, seems to be a place where insulting has the upper hand.
Is there, besides of the insulting, anything useful to be gained here?
  • #138,687
  • Mar 16, 2023 1:09am Mar 16, 2023 1:09am
Quoting emmanuel7788
Focus on Money management and not just on entries ... FF member 'fezmar' just started a new thread here: http://www.forexfactory.com/showthread.php?t=514127 After my vacation and when I resume trading in Jan 2015, I will pop over to that thread and will contribute what 'bullet proof' money management strategy is about.

while we are waiting for London Open, do some reading for more trading ideas:

goto #178
https://www.forexfactory.com/thread/...25#post7893625
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #138,688
  • Mar 16, 2023 1:13am Mar 16, 2023 1:13am
Quoting emmanuel7788
{quote} while we are waiting for London Open, do some reading for more trading ideas: goto #178 https://www.forexfactory.com/thread/...25#post7893625
other threads with proven Money Management strategies I learned years ago which I used to develop TMS MEME and TMS EVO

Multi-Lot Multi-Timeframe Position trading
https://www.forexfactory.com/thread/...sition-trading

Building an equity millipede
https://www.forexfactory.com/thread/...uity-millipede
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #138,689
  • Mar 16, 2023 2:27am Mar 16, 2023 2:27am
Quoting emmanuel7788
{quote} reply to one PM on why I keep mentioning 4H trade window : - during this 4 hour period, we have Sydney closing, European markets opening, London opening, and Tokyo closing ... - all these happening plus news and data release - buyers exit the markets, sellers exits the markets, ... we cannot see who is buying and who is selling - we are all guessing with TDI green line crossing red line - we are trading blind. {image} ...
its the same everyday ...

have you checked what can happen every hour on the hour?

Attached Image (click to enlarge)
Click to Enlarge Name: FF market session.png Size: 6 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #138,690
  • Mar 16, 2023 4:22am Mar 16, 2023 4:22am
EURGBP Mar16 London 9am buy entry

> ECB news later today ... can fly!

Attached Image (click to enlarge)
Click to Enlarge Name: EG Mar16 London9am entry 16-3-2023 5-18-58 pm.png Size: 22 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #138,691
  • Mar 16, 2023 4:24am Mar 16, 2023 4:24am
Quoting emmanuel7788
{quote} GBPUSD Mar16 Trade idea: - the SVB Gap??? - will the Daily close this gap of 50pips? {image} > if the market moves 50pips ...my TMS-II would exit take profits +TP1, +TP2, +TP3 , and should it pulls back, I have CP exit and also CSTSL exit ... {image}
London 9am

> looking good now for this trade idea!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #138,692
  • Mar 16, 2023 6:03am Mar 16, 2023 6:03am
Quoting emmanuel7788
{quote} GBPUSD Mar16 Trade idea: - the SVB Gap??? - will the Daily close this gap of 50pips? {image} > if the market moves 50pips ...my TMS-II would exit take profits +TP1, +TP2, +TP3 , and should it pulls back, I have CP exit and also CSTSL exit ... {image}
GU Mar16 trade management

- filling the SVB Gap

- trades protected with some profits

- next move to near the lower level of the gap 1.20315

- expect some price reaction bounce @1.2045 10EMA

Attached Image (click to enlarge)
Click to Enlarge Name: GU Mar16 trades update BE 16-3-2023 6-57-36 pm.png Size: 24 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #138,693
  • Mar 16, 2023 6:08am Mar 16, 2023 6:08am
Quoting emmanuel7788
EURGBP Mar16 London 9am buy entry > ECB news later today ... can fly! {image} ...

EURGBP Mar16 trades update & exit management

- taken profits TP1 +10pips , TP2 +25pips

- now activated CSTSL with CP

Attached Image (click to enlarge)
Click to Enlarge Name: EG Mar16 trade update TP2 16-3-2023 7-04-43 pm.png Size: 23 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #138,694
  • Mar 16, 2023 6:15am Mar 16, 2023 6:15am
GU Mar16 TMS_V19 EA

- the London 9am candle RSI green price line has a Slope 1.0 but it crossed the red line,

- the next candle has a lot of downward momentum with lower low +lower Close therefor the green slope 7.1 and tweek from the previous slope 1.0 ... bounce from the red line,



Attached Image (click to enlarge)
Click to Enlarge Name: GU Mar16 London 9am candle TMS_V19 16-3-2023 7-11-14 pm.png Size: 40 KB


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #138,695
  • Mar 16, 2023 7:43am Mar 16, 2023 7:43am
Quoting emmanuel7788
EURGBP Mar16 London 9am buy entry > ECB news later today ... can fly! {image} ...
Is it still flying on the technical? I know the news had been promoting it.

Do you happen to know of any indicator for chart patterns? like double top bottom?
  • #138,696
  • Mar 16, 2023 7:46am Mar 16, 2023 7:46am
Quoting emmanuel7788
{quote} EURGBP Mar16 trades update & exit management - taken profits TP1 +10pips , TP2 +25pips - now activated CSTSL with CP {image} ...
EURGBP Mar16 - trades closed

- stopped out with the CSTSL

-
Attached Image (click to enlarge)
Click to Enlarge Name: EG Mar16 trades closed 16-3-2023 8-07-55 pm.png Size: 21 KB




...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #138,697
  • Mar 16, 2023 7:47am Mar 16, 2023 7:47am
Quoting emmanuel7788
GU Mar16 TMS_V19 EA - the London 9am candle RSI green price line has a Slope 1.0 but it crossed the red line, - the next candle has a lot of downward momentum with lower low +lower Close therefor the green slope 7.1 and tweek from the previous slope 1.0 ... bounce from the red line, {image} ...

News came in 2mins ago ECB told ministers some EU banks could be vulnerable. How cheeky !!
  • #138,698
  • Mar 16, 2023 8:00am Mar 16, 2023 8:00am
Quoting Tradingmt4
{quote} News came in 2mins ago ECB told ministers some EU banks could be vulnerable. How cheeky !!
just expect lots of movements.

we are technical traders, we trade when we see trade setups.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #138,699
  • Mar 16, 2023 8:02am Mar 16, 2023 8:02am
Quoting emmanuel7788
{quote} EURGBP Mar16 - trades closed - stopped out with the CSTSL - {image} ...
EURGBP Mar16 re-entry sell

- H1 Pin Bar reversal

- quick take profits TP1 +10pips, TP2 +25pips

- now let market decide the rest...

Attached Image (click to enlarge)
Click to Enlarge Name: EG Mar16 re-entry H1 Pin Bar16-3-2023 8-57-21 pm.png Size: 26 KB






...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #138,700
  • Mar 16, 2023 8:04am Mar 16, 2023 8:04am
Quoting Tradingmt4
{quote} Is it still flying on the technical? I know the news had been promoting it. Do you happen to know of any indicator for chart patterns? like double top bottom?
there are indicators for candlestick patterns.

chart patterns are subjective and depends on the traders' experience ... best use own eyeballs ..
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
106 traders viewing now