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Trading Made Simple

  • #144,381
  • Dec 3, 2023 11:38pm Dec 3, 2023 11:38pm
Quoting emmanuel7788
the 3rd 4Hr trade window of today > cross, tweek, bounce , .... > pick one which you have a trade plan {image} ...
Dec 04 Frankfurt Open

- pick only the best A+++ setups and follow post#281


Attached Image (click to enlarge)
Click to Enlarge Name: USD Dec04 FO hour 4-12-2023 3-35-43 pm.png Size: 53 KB




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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #144,382
  • Dec 4, 2023 12:36am Dec 4, 2023 12:36am
Quoting emmanuel7788
the 3rd 4Hr trade window of today > cross, tweek, bounce , .... > pick one which you have a trade plan {image}

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Mon Dec04 H4 4-12-2023 3-27-08 pm.png Size: 16 KB


...

Dec04 H1 signals during the current active 4Hr

- post #647 Price Action

- post #261 Basics of the 5-Method

H1

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Mon Dec04 LO signals 4-12-2023 4-33-27 pm.png Size: 17 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #144,383
  • Dec 4, 2023 3:50am Dec 4, 2023 3:50am
Hi Emmanuel
What is your TMS Telegram chat group?
  • #144,384
  • Dec 4, 2023 4:07am Dec 4, 2023 4:07am
When you see such Price Action setups ... these are some of the best setups

Always check the #1- Price Action first, then #2- TDI Post#3142

I prefer #1 Price Action #2 Stoch %K cross %D signal and last is the RSI green price line for the MOMENTUM .... the next step is to strip the TDI #2617 would be progress ...

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #144,385
  • Dec 4, 2023 4:10am Dec 4, 2023 4:10am
Quoting emmanuel7788
{quote} Keep track of the ADR High-Low today and the BN levels {image}
Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD Dec04 ADR High-Low 4-12-2023 7-24-20 am.png Size: 25 KB




...


EurCad Dec 04 New York 7am UPDATE:

- you decide

Attached Image (click to enlarge)
Click to Enlarge Name: EurCad Dec04 4-12-2023 8-08-08 pm.png Size: 26 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #144,386
  • Dec 4, 2023 3:24pm Dec 4, 2023 3:24pm
Quoting emmanuel7788
{quote} EurCad Dec 04 New York 7am UPDATE: - you decide {image} {image}
Attached Image (click to enlarge)
Click to Enlarge Name: EurCad Dec04 4-12-2023 8-08-08 pm.png Size: 26 KB
TMS 5-Method Price Action Trading

5-Method PA entries with TMS-II exits

+15pips
+30pips
+55pips

Attached Image (click to enlarge)
Click to Enlarge Name: EurCad dec04 H1 TMS-II trades closed 5-12-2023 7-13-52 am.png Size: 26 KB




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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #144,387
  • Dec 4, 2023 3:52pm Dec 4, 2023 3:52pm
Quoting emmanuel7788
{quote} Keep track of the ADR High-Low today and the BN levels {image} ...

EurCad Dec 05 ... day trading and swing trading

- a new day and new ADR High-Low levels

- follow price action #647, ... swing high and swing low, big candle and small candles, etc.

Attached Image (click to enlarge)
Click to Enlarge Name: EudCad dec05 new ADR levels 5-12-2023 7-48-01 am.png Size: 28 KB

Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #144,388
  • Dec 4, 2023 3:58pm Dec 4, 2023 3:58pm
Quoting emmanuel7788
{quote} EurCad Dec 05 ... day trading and swing trading - a new day and new ADR High-Low levels - follow price action #647, ... swing high and swing low, big candle and small candles, etc. {image}

Weekly has the control !

Daily could not decide ...

but TMS traders need to and must decide ...



Attached Image (click to enlarge)
Click to Enlarge Name: EurCad Dec05 H4 big picture 5-12-2023 7-54-36 am.png Size: 37 KB




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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #144,389
  • Dec 4, 2023 8:02pm Dec 4, 2023 8:02pm
Quoting emmanuel7788
{quote} Weekly has the control ! Daily could not decide ... but TMS traders need to and must decide ... {image} ...

EurCad Dec 05 H1

- PA at BRN14700

- will it break higher ?

Attached Image (click to enlarge)
Click to Enlarge Name: EurCad Dec05 H1 BRN14700 5-12-2023 12-00-04 pm.png Size: 32 KB




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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #144,390
  • Dec 4, 2023 9:57pm Dec 4, 2023 9:57pm
Quoting emmanuel7788
{quote} Welcome to Trading Made Simple ... First time here, start with this summary below, ============================================================== Introduction to Trading Made Simple To learn what Trading Made Simple is, you have to follow the trading journey of the OP eelfranz aka Big E. He started as a newbie in 2008. Know the history and you will learn a lot from the OP and when you have mastered the 5-Method, you can then move on and develop your own trading system following how he did his. Many traders have moved on to trade their own...

Wow, thank you so much for this very detailed answer. I hadn't seen that you'd replied to me earlier; I still don't really quite understand how the forum works.

I'm going to follow all the advice you've given me. Thank you very much, it's very valuable to me.
  • #144,391
  • Dec 4, 2023 10:20pm Dec 4, 2023 10:20pm
Quoting emmanuel7788
{quote} EurCad Dec 05 ... day trading and swing trading - a new day and new ADR High-Low levels - follow price action #647, ... swing high and swing low, big candle and small candles, etc. {image}

EurCad Dec05 H1 Asian session

- very nice Asian move

- I took profit and now trailing for the final TP

Attached Image (click to enlarge)
Click to Enlarge Name: EurCad dec05 when is ADR reversal 5-12-2023 2-14-39 pm.png Size: 29 KB


Now is to wait and see when the intraday reversal will be ...

- I see several possibilities for 'resistance'

- farther left are recent swing highs

- then we have the 50EMA catching up with price

- much higher is the most significant swing high



Attached Image (click to enlarge)
Click to Enlarge Name: EurCad Dec05 H1 reversal SR 5-12-2023 2-14-04 pm.png Size: 32 KB


> just keep watch when price fails to make higher high + higher Close ....

> wait for the Price Action setup like yesterdays

> beware of 'fakey' when you trade green line cross red line ....


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #144,392
  • Dec 4, 2023 11:32pm Dec 4, 2023 11:32pm
Quoting emmanuel7788
{quote} Weekly has the control ! Daily could not decide ... but TMS traders need to and must decide ... {image} ...

Attached Image (click to enlarge)
Click to Enlarge Name: 5-12-2023 3-32-16 pm.png Size: 39 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #144,393
  • Dec 4, 2023 11:39pm Dec 4, 2023 11:39pm
EurUsd Dec 05 Frankfurt Open

- nice PA setup

- target ADR

Attached Image (click to enlarge)
Click to Enlarge Name: EU Dec05 ADR high Low 5-12-2023 3-37-56 pm.png Size: 25 KB

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #144,394
  • Dec 5, 2023 4:14am Dec 5, 2023 4:14am
AUDUSD Dec 05 Intraday target

- hit ADR Low 65pips

- with some bonus later
Attached Image (click to enlarge)
Click to Enlarge Name: AU Dec05 hit ADR low.png Size: 27 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #144,395
  • Dec 5, 2023 4:32am Dec 5, 2023 4:32am
Gbpnzd buy
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Amazing indicator SL Session Strength 28 Pair
  • #144,396
  • Dec 5, 2023 4:45am Dec 5, 2023 4:45am
Quoting emmanuel7788
EurUsd Dec 05 Frankfurt Open - nice PA setup - target ADR {image}


...

EurUsd Dec 05 TMS-II trades closed

-

Attached Image (click to enlarge)
Click to Enlarge Name: EurUsd Dec05 trades closed 5-12-2023 7-58-47 pm.png Size: 21 KB




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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #144,397
  • Dec 5, 2023 4:48am Dec 5, 2023 4:48am
Quoting emmanuel7788
{quote} EurCad Dec 05 ... day trading and swing trading - a new day and new ADR High-Low levels - follow price action #647, ... swing high and swing low, big candle and small candles, etc. {image}

EurCad Dec 05 TMS-II trades closed

-

Attached Image (click to enlarge)
Click to Enlarge Name: EurCad Dec05 trades closed 5-12-2023 7-57-01 pm.png Size: 23 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #144,398
  • Dec 5, 2023 4:19pm Dec 5, 2023 4:19pm
Quoting emmanuel7788
{quote} EurUsd Dec 05 TMS-II trades closed - {image}
Attached Image (click to enlarge)
Click to Enlarge Name: EurUsd Dec05 trades closed 5-12-2023 7-58-47 pm.png Size: 21 KB



...

EurUsd Dec 05 TMS-II trades closed

- follow up trade to the last trades according to my trade plan

- simple setup when that candle closed open sell when the next candle opens

- TMS-II exits TP1 +10pips, TP2 +25 pips and

- TP3 +25 pips


Attached Image (click to enlarge)
Click to Enlarge Name: EurUsd Dec05 TMS-II trades closed 6-12-2023 8-14-12 am.png Size: 20 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #144,399
  • Dec 5, 2023 5:03pm Dec 5, 2023 5:03pm
Quoting emmanuel7788
{quote} Weekly has the control ! Daily could not decide ... but TMS traders need to and must decide ... {image} ...

EurCad Dec06 UPDATE:

- Weekly still has that control !

- Daily still could not decide

- H4 show big and small candles without 3 to 8 candles run

- intraday trading ... pick top and bottom with PA + SR

> pick the best A+++ setups and follow forex trading basics in post #647

> if you must trade with TDI, then follow post #261 5-Method Basics chart template


Attached Image (click to enlarge)
Click to Enlarge Name: EurCad Dec06 H4 update WCC 6-12-2023 8-58-26 am.png Size: 40 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #144,400
  • Dec 5, 2023 5:11pm Dec 5, 2023 5:11pm
Quoting emmanuel7788
{quote} EurCad Dec06 UPDATE: - Weekly still has that control ! - Daily still could not decide - H4 show big and small candles without 3 to 8 candles run - intraday trading ... pick top and bottom with PA + SR > pick the best A+++ setups and follow forex trading basics in post #647 > if you must trade with TDI, then follow post #261 5-Method Basics chart template {image} ...
For those who have mastered the 5-Method ( #160 ) and are no longer beginners ( #3805) ... more advanced traders I guess...

EurCad Dec 06 H1

- day trading without TDI

- follow Price Action and the Swing Highs and Swing Lows

- use TMS-II multi-lot money management for Entries and Exits

Attached Image (click to enlarge)
Click to Enlarge Name: EurCad Dec06 H1 PA swing s6-12-2023 9-04-17 am.png Size: 27 KB



Trade Well !


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