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Trading Made Simple

  • #147,421
  • Jul 21, 2024 7:02pm Jul 21, 2024 7:02pm
Quoting emmanuel7788
{quote} // This month I am working towards securing another funded account to start in Sep 2024. Will tell you more another time. {image} ...
Week 27 to 29, July 01 to 19 :

Working harder towards securing another funded account need to show consistency in my 20-trading-days-cycle with 10% profit per cycle.

July first 15 days were good. Once hitting above 10%, I start the next cycle.
Several Key Performance Indicator KPI to meet.
One of the KPI is to the Number of Trading Days to achieve 10% profit.
The average KPI for 10% is between 10 and 15 trading days.

Attached Image (click to enlarge)
Click to Enlarge Name: FTMO July 01 to 19 NYClosed 22-7-2024 7-49-40 am.png Size: 23 KB




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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #147,422
  • Jul 21, 2024 7:19pm Jul 21, 2024 7:19pm
Reply to PMs:

- the last 3 weeks, I received many PMs and will reply them in this thread with charts and resources to help the members here.

- top on my list is members who have been trying TMS and not getting the results they want.

- a few decided to stop trading and go back to babypips.com

- most did not understand what is TMS and what is the 5-Method, confusing this thread title and the 5-Method trading methodology

- and a lot of PMs on TMS_V19 EA, mostly from members who did not read the thread at the time when the pandemic started in April 2020 and missed out the 3 years of learning and testing.


Attached Image (click to enlarge)
Click to Enlarge Name: new diggers.png Size: 516 KB

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #147,423
  • Jul 21, 2024 7:27pm Jul 21, 2024 7:27pm
EA Jul22 H1 Tokyo 9am

- a possible dynamic entry during this 1Hr candle

- make sure you know your 4Hr and Daily ... post #281

Attached Image (click to enlarge)
Click to Enlarge Name: EA Jul 22 H1 TOK9am Dynamic entry 22-7-2024 8-23-39 am.png Size: 44 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #147,424
  • Jul 21, 2024 7:56pm Jul 21, 2024 7:56pm
BTC Jul 22 Week,

- heading towards 91000

- stay on the buyers side

- Year-End & X'mas bonus will be early

Attached Image (click to enlarge)
Click to Enlarge Name: BTC Jul 22 week 71000 22-7-2024 8-53-13 am.png Size: 21 KB




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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #147,425
  • Jul 21, 2024 8:02pm Jul 21, 2024 8:02pm
Quoting emmanuel7788
BTC Jul 22 Week, - heading towards 91000 - stay on the buyers side - Year-End & X'mas bonus will be early {image} ...

BTC Jul 22 Week using TMS_V19 EA for 4Hr

***Keep It Simple***
- set Trend 2/8 to H4, and TDiC1 to H4

- then we look only for bullish price action and ignore all bearish price action in LTF

Attached Image (click to enlarge)
Click to Enlarge Name: BTC Jul22 V19 H4 22-7-2024 8-58-47 am.png Size: 48 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #147,426
  • Jul 22, 2024 1:04am Jul 22, 2024 1:04am
AJ Jul22 H4 London 6am 4Hr trade window

- post# 1 Pacific 10PM 4Hr candle

- if you missed this post #647 price action trade then you can only blame yourself.

Attached Image (click to enlarge)
Click to Enlarge Name: AJ Jul 22 H4 London 6am 4Hr 22-7-2024 1-59-38 pm.png Size: 43 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #147,427
  • Jul 22, 2024 1:49am Jul 22, 2024 1:49am
Quoting emmanuel7788
EA Jul22 H1 Tokyo 9am - a possible dynamic entry during this 1Hr candle - make sure you know your 4Hr and Daily ... post #281 {image} ...

EA Jul 22 M30

- after buy taken profit +50pips

- a good BEEOB PA sell setup


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Attached Image (click to enlarge)
Click to Enlarge Name: EA Jul22 M30 BEOB 4Hr 22-7-2024 2-30-18 pm.png Size: 44 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #147,428
  • Jul 22, 2024 2:07am Jul 22, 2024 2:07am
Quoting emmanuel7788
{quote} EA Jul 22 M30 - after buy taken profit +50pips - a good BEEOB PA sell setup ... {image}

EA Jul 22 M30 London 8am

- a post#647 Price Action trade setup DBHLC

Attached Image (click to enlarge)
Click to Enlarge Name: EA Jul22 M30 DBHLC PA 22-7-2024 3-04-15 pm.png Size: 44 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #147,429
  • Jul 22, 2024 3:45am Jul 22, 2024 3:45am
GU Jul 22 London 6am 4Hr candle

- nothing to trade

- big candle and small candle ... CONSOLIDATION

> WAIT for the next 4Hr trade window London 10AM Pacific 2AM

Attached Image (click to enlarge)
Click to Enlarge Name: GU Jul22 H4 nothing 22-7-2024 4-43-10 pm.png Size: 42 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #147,430
  • Jul 22, 2024 5:26am Jul 22, 2024 5:26am
Quoting emmanuel7788
GU Jul 22 London 6am 4Hr candle - nothing to trade - big candle and small candle ... CONSOLIDATION > WAIT for the next 4Hr trade window London 10AM Pacific 2AM {image} ...

GU Jul 22 H4 London 10am Pacific 2AM

- not the best setup even with the TDI green bounce off red

- the PA and MOMENTUM is 'weak', the candle did not close above the Inside Bar high at minimum requirement for a buy setup entry

- the 5EMA is flat, ideally the 5EMA must show a slope 12-2

Attached Image (click to enlarge)
Click to Enlarge Name: Gu Jul 22 H4 bounce not good enough 22-7-2024 5-37-09 pm.png Size: 42 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #147,431
  • Jul 22, 2024 5:59am Jul 22, 2024 5:59am
UsdCad Jul22 4Hr trade window Pacific 2AM

- a M15 DBLHC is good for dynamic buy entry

Attached Image (click to enlarge)
Click to Enlarge Name: UCad Jul22 M15 DBLHC 22-7-2024 6-55-28 pm.png Size: 48 KB


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #147,432
  • Jul 22, 2024 7:00am Jul 22, 2024 7:00am
Lots of LTF setups and entries in the direction of the H4

EA

Attached Image (click to enlarge)
Click to Enlarge Name: EA Jul22 H4 M30 entry 22-7-2024 7-59-04 pm.png Size: 46 KB


AU

Attached Image (click to enlarge)
Click to Enlarge Name: AU Jul22 H4 22-7-2024 8-01-29 pm.png Size: 50 KB


UC
Attached Image (click to enlarge)
Click to Enlarge Name: UCad Jul22 H4 22-7-2024 8-01-11 pm.png Size: 51 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #147,433
  • Jul 22, 2024 8:53am Jul 22, 2024 8:53am
Does anyone here have a good template or excel sheet how to properly journal trades and what i should write down for a perfect trading journal?
  • #147,434
  • Jul 22, 2024 7:00pm Jul 22, 2024 7:00pm
When the Stoch and TDI show opposite signals, better trust Price Action and

go find another trade

EG Jul 23 H4 Tokyo 9am


Attached Image (click to enlarge)
Click to Enlarge Name: EG Jul23 H4 gap down 23-7-2024 7-57-32 am.png Size: 45 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #147,435
  • Jul 22, 2024 7:08pm Jul 22, 2024 7:08pm
Quoting SnowManF
Does anyone here have a good template or excel sheet how to properly journal trades and what i should write down for a perfect trading journal?
Your broker platform should be able to provide you tool to export your trade summary to a csv or xls type file. Then you can add whatever you want as your trade journal.
I discussed this long time ago:
https://www.forexfactory.com/thread/...03#post6683203



I use FX Blue to keep my trading journal.
Main reason is I trade multiple entries / multiple exits MEME baskets and with FXBlue, I can export my trade data and analyse the P&L of individual baskets and not individual trades. FXBlue supports more platforms other than MT4.

Link to FXBlue https://www.fxblue.com/
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #147,436
  • Jul 22, 2024 7:10pm Jul 22, 2024 7:10pm
is the EA automated?
  • #147,437
  • Jul 22, 2024 7:30pm Jul 22, 2024 7:30pm
Quoting emmanuel7788
Lots of LTF setups and entries in the direction of the H4 EA {image} AU {image} UC {image}

Fear and Greed

AU Jul23 M30 BEOB during this 4Hr trade window Tokyo 0930,

> 2R trade

Attached Image (click to enlarge)
Click to Enlarge Name: AU Jul23 H4 w M30 BEOB 23-7-2024 8-28-14 am.png Size: 45 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #147,438
  • Jul 22, 2024 7:35pm Jul 22, 2024 7:35pm
Quoting emmanuel7788
Lots of LTF setups and entries in the direction of the H4 EA {image} AU {image} UC {image}

EA Jul23 4Hr Tokyo 0930,

- M30 BUOB setup for LTF entry

- 'hit-and-run' trade before the bears come in and get you

Attached Image (click to enlarge)
Click to Enlarge Name: EA Jul23 4Hr w M30 BUOB 23-7-2024 8-33-13 am.png Size: 44 KB

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #147,439
  • Jul 22, 2024 7:51pm Jul 22, 2024 7:51pm
Quoting billy123
is the EA automated?

if you are looking for automated trading EA, here is the link:

https://www.forexfactory.com/thread/...-by-guess-whom


there's still a lot of work to do to make it trade with rules-based discretionary trading system.

BUT you can learn from the many failures and losing trades, and become better traders.



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #147,440
  • Jul 22, 2024 7:57pm Jul 22, 2024 7:57pm
Quoting emmanuel7788
{quote} EA Jul23 4Hr Tokyo 0930, - M30 BUOB setup for LTF entry - 'hit-and-run' trade before the bears come in and get you {image} ...

EA Jul23

- in 5 minutes, we have a new 4Hr

Attached Image (click to enlarge)
Click to Enlarge Name: EA Jul23 H1 next 1Hr 23-7-2024 8-55-37 am.png Size: 42 KB



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