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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

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Trading Made Simple

  • #143,961
  • Nov 8, 2023 6:51pm Nov 8, 2023 6:51pm
Quoting kizan
{quote} Hi Emmanuel, could you please explain about 2CLB for stop loss? Is it to place stop loss at the third to last candle like below example? Thank you. {image}

hi @kizan

Your Daily Stop Loss at the swing high of the sell entry is a common way how we would place our initial stop loss for single entry trade.

In the case of multiple entries in swing trading and position trading, we would look at the Weekly candles and the H4 candles, and using the Weekly candle PA for 2CLB.
Note the Weekly must be trending ...

Example of a Weekly 2CLB when we are swing trading
you will see it better when you turn on the W-candle

Attached Image (click to enlarge)
Click to Enlarge Name: GU Daily kizan post 9-11-2023 8-35-51 am.png Size: 90 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #143,962
  • Nov 8, 2023 7:21pm Nov 8, 2023 7:21pm
USDJPY Nov09 Intraday

- 50pips BRN to RN

- keeping it seemingly simple ... K I S S

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Nov09 H1 RN play 9-11-2023 9-18-07 am.png Size: 39 KB

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #143,963
  • Nov 8, 2023 7:46pm Nov 8, 2023 7:46pm
AUDUSD Nov09 M30 Tokyo 1045am

- going against the flow of the Daily

Attached Image (click to enlarge)
Click to Enlarge Name: AU Nov09 M30 going aginst the flow 9-11-2023 9-42-56 am.png Size: 40 KB

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #143,964
  • Nov 9, 2023 1:04am Nov 9, 2023 1:04am
Quoting emmanuel7788
{quote} hi @kizan Your Daily Stop Loss at the swing high of the sell entry is a common way how we would place our initial stop loss for single entry trade. In the case of multiple entries in swing trading and position trading, we would look at the Weekly candles and the H4 candles, and using the Weekly candle PA for 2CLB. Note the Weekly must be trending ... Example of a Weekly 2CLB when we are swing trading you will see it better when you turn on the W-candle {image} ...
Thank you for the clarification Emmanuel!
  • #143,965
  • Edited 1:27am Nov 9, 2023 1:10am | Edited 1:27am
Quoting killurego
{quote} Peace be upon you too! Looks like correct entry.. little doubt is that may be we need clear confirmation from stochastics as well!

this is what a Price Action setup would look like ...

and both the Stoch and TDI confirm the price MOMENTUM

EJ Nov 09 H1 at Frankfurt Open


Attached Image (click to enlarge)
Click to Enlarge Name: EJ Nov09 H1 setup 9-11-2023 3-07-48 pm.png Size: 32 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #143,966
  • Nov 9, 2023 6:40pm Nov 9, 2023 6:40pm
Quoting emmanuel7788
{quote} this is what a Price Action setup would look like ... and both the Stoch and TDI confirm the price MOMENTUM EJ Nov 09 H1 at Frankfurt Open {image} ...


Attached Image (click to enlarge)
Click to Enlarge Name: EJ Nov09 H1 setup 9-11-2023 3-07-48 pm.png Size: 32 KB



for hours it went nowhere.

Attached Image (click to enlarge)
Click to Enlarge Name: EJ Nov10 H1 update10-11-2023 8-37-30 am.png Size: 35 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #143,967
  • Nov 9, 2023 6:43pm Nov 9, 2023 6:43pm
Quoting emmanuel7788
AUDUSD Nov09 M30 Tokyo 1045am - going against the flow of the Daily {image}

Attached Image (click to enlarge)
Click to Enlarge Name: AU Nov09 M30 going aginst the flow 9-11-2023 9-42-56 am.png Size: 40 KB





...
follow the Daily flow not the lagging TDI


Attached Image (click to enlarge)
Click to Enlarge Name: AU Nov10 M30 follow the Daily flow 10-11-2023 8-41-25 am.png Size: 38 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #143,968
  • Nov 10, 2023 6:49am Nov 10, 2023 6:49am
Quoting emmanuel7788
USDJPY Nov09 Intraday - 50pips BRN to RN - keeping it seemingly simple ... K I S S {image} ..

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Nov09 H1 RN play 9-11-2023 9-18-07 am.png Size: 39 KB


.

USDJPY Nov10 UPDATE:

- extremely slow week with lower liquidity

- taking forever to hit the RN 151.50 for that 50pips

- that lagging TDI still show "Consolidation !"

- wait for the VB to open up and you will probably miss the next big move...


Attached Image (click to enlarge)
Click to Enlarge Name: UJ Nov10 missed RN 151.50 10-11-2023 8-44-39 pm.png Size: 38 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #143,969
  • Nov 10, 2023 9:41am Nov 10, 2023 9:41am
Just wanted to say this thread is a wealth of knowledge. I started at the beginning then went to the start of 2023 to learn as much as possible. I've also been reading all the pages on https://www.forexfactory.com/thread/...harts?page=927

Emmanuel is there a way to get your chartbook/template? I have looked for the files but I did not see it.
  • #143,970
  • Nov 10, 2023 9:48am Nov 10, 2023 9:48am
usdcad long i thinknk more up
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_19.png Size: 52 KB
Amazing indicator SL Session Strength 28 Pair
  • #143,971
  • Nov 10, 2023 10:11am Nov 10, 2023 10:11am
Has anyone tried to automate this, and is that even possible with HA candles?
  • #143,972
  • Nov 10, 2023 7:06pm Nov 10, 2023 7:06pm
Quoting Gtrades56
Has anyone tried to automate this, and is that even possible with HA candles?

Has anyone tried to automate this,
YES.

and is that even possible with HA candles?
YES.

#136
member @Moewet did.
Quoting Moewet
Hello I'm I think this system rocks can someone with invite Steve Hopwood to this party I mean I would ask him myself to create this ea but I have no reputation on FF,so most likely he'll just ignore me but please someone reach out and touch him on this one,I know sometimes people don't want ea's to clutter the thread but the way Steve's been doing it lately he can just start a separate thread,thanks I respect the pippin going on here!
@SteveHopwood contributed his EA
here >
https://www.forexfactory.com/thread/...-by-guess-whom

and the OP' reply to Moewet is this
#139
Quoting eelfranz
Moe, We don't want any EA's. Why? They can't observe and think like humans can and do. You need to learn to think on your own while trading and making your own decisions. Most EA"s don't work well anyway... sorry buddy...



That EA by SteveHopwood needs a lot more work to make it profitable.



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #143,973
  • Nov 10, 2023 7:10pm Nov 10, 2023 7:10pm
Quoting thisara2
usdcad long i thinknk more up {image}

market pulled back when NY close ....

come back next week

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Nov10 H4 V19 NYClose 11-11-2023 9-08-58 am.png Size: 45 KB




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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #143,974
  • Nov 11, 2023 10:37am Nov 11, 2023 10:37am
Quoting emmanuel7788
{quote} market pulled back when NY close .... come back next week {image} ...
thank i am hold usdjpy nexz week........................>>>>>>>>>>>>>>>>
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_21.png Size: 42 KB
Amazing indicator SL Session Strength 28 Pair
  • #143,975
  • Nov 12, 2023 11:56am Nov 12, 2023 11:56am
Hi everybody, a new member here. I see most recent posts are about EA only. Can somebody post about the newest version of the indicators and a manual, so that we can manually trade.
  • #143,976
  • Nov 12, 2023 4:33pm Nov 12, 2023 4:33pm
Another good week ahead,

Attached Image (click to enlarge)
Click to Enlarge Name: FF Cal Nov12 to 17 13-11-2023 6-30-26 am.png Size: 35 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #143,977
  • Nov 12, 2023 4:50pm Nov 12, 2023 4:50pm
EA Week 46 Nov 12 to 17

- note the Weekly big candle

- we may have a sideways market this week

- watch carefully the H4 Price Action and how both the lagging indicators , Stoch and TDI will respond to the market conditions

Attached Image (click to enlarge)
Click to Enlarge Name: EA Nov13 pipware 13-11-2023 6-45-30 am.png Size: 43 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #143,978
  • Nov 12, 2023 5:03pm Nov 12, 2023 5:03pm
Quoting Vicky224
Hi everybody, a new member here. I see most recent posts are about EA only. Can somebody post about the newest version of the indicators and a manual, so that we can manually trade.

The OP' last post #12,912

Quoting eelfranz
So many new traders... Do not think you can trade with us without reading the thread and taking notes. READ & STUDY. Snarlyjack - Good to hear from you old friend. We have stood back to back in battle more than a few times. May your trades be blessed buddy. Come visit more often. Big E

@Vicky224

All updates by the OP are in his posts.




...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #143,979
  • Nov 13, 2023 1:25am Nov 13, 2023 1:25am
Quoting snarlyjack
Good Saturday morning to everyone, Just wanted to say that Dean Malone has posted up some new training videos at Compass fx.com Excellent videos! Excellent training! Excellent Knowledge! Go to Compass fx.com Go to Videos Go to DOTS/Guppy system Check it out...you'll be glad you did! Check out the video (2-3 pages back "I want to be a billionaire" ) What's your plan? You gotta have a plan! Have a great weekend everyone snarlyjack

EU Nov13 M15 DOTS for targets

Attached Image (click to enlarge)
Click to Enlarge Name: EU Nov13 H1 DOTS 13-11-2023 3-11-43 pm.png Size: 30 KB


checkout these old videos
https://www.forexfactory.com/thread/...6#post14652256



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #143,980
  • Nov 13, 2023 1:31am Nov 13, 2023 1:31am
Quoting emmanuel7788
{quote} EU Nov13 M15 DOTS for targets {image} checkout these old videos https://www.forexfactory.com/thread/...6#post14652256 ...

EU Nov13 H1 Frankfurt Open Intraday ADR Target

- I prefer to use the ADR for my target exits

Attached Image (click to enlarge)
Click to Enlarge Name: EU Nov13 h1 FO ADr Target 13-11-2023 3-29-22 pm.png Size: 38 KB

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