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Trading Made Simple(r)

  • #9,421
  • Jan 14, 2025 3:24am Jan 14, 2025 3:24am
Quoting Roscearm
{quote} As mentioned in my earlier posts, I do look for setups on the 4H and the Daily. I do like to scalp and I think 5mins is working nicely for me. So I am basically trying both HTF and LTF trades using the same logic. But I think RobinHood prefers the system to be used on HTF, so please try the HTF first until you gain confidence before you go for LTF setups. Below are few trades from the HTF (mainly 4H). Few are on Demo and few from real accounts. The indicator settings remain the same. This system works on all timeframes and probably all markets....
This one hit +2R. This is a HTF trade entry.
I am keeping this running by setting BE and Entry for now.

Scorecard:
Wins: 8
Loss: 2
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 44 KB
Find a strategy that works consistently and then trading becomes easy.
  • #9,422
  • Jan 14, 2025 6:58am Jan 14, 2025 6:58am
Quoting emmanuel7788
{quote} EU Jan 14 London Open - Daily sell continuation - M5 sell London 9am {image} ...
Hi Em, just wondering if this is a good idea? Or rather a good time for such an idea? Everything is flat at the moment. I will rather bet on this one on the 8th of January, which I believe is more in the spirit of what RH intended? What do you think?
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 8 Jan 25.png Size: 89 KB
  • #9,423
  • Jan 14, 2025 7:01am Jan 14, 2025 7:01am
Quoting emmanuel7788
{quote} EU Jan 14 London Open - Daily sell continuation - M5 sell London 9am {image} ...

EU Jan14 New York open soon

Attached Image (click to enlarge)
Click to Enlarge Name: EU Jan14 M5 NYOpen 14-1-2025 8-59-28 pm.png Size: 46 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #9,424
  • Jan 14, 2025 7:03am Jan 14, 2025 7:03am
Quoting BlueBull
{quote} Hi Em, just wondering if this is a good idea? Or rather a good time for such an idea? Everything is flat at the moment. I will rather bet on this one on the 8th of January, which I believe is more in the spirit of what RH intended? What do you think? {image}

check with template #2 when trading H1 and below.



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #9,425
  • Jan 14, 2025 3:38pm Jan 14, 2025 3:38pm
Another NAS winner.

Scorecard:
Wins: 9
Loss: 2
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 53 KB
Find a strategy that works consistently and then trading becomes easy.
  • #9,426
  • Jan 14, 2025 6:11pm Jan 14, 2025 6:11pm
Quoting Roscearm
Another NAS winner. Scorecard: Wins: 9 Loss: 2 {image}

you held on to your sell for hours and survived the Chicago open

using RobinHood' template #2 below,


Attached Image (click to enlarge)
Click to Enlarge Name: NAS Jan14 M5 15-1-2025 8-08-28 am.png Size: 54 KB





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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #9,427
  • Jan 14, 2025 10:06pm Jan 14, 2025 10:06pm
Quoting emmanuel7788
{quote} you held on to your sell for hours and survived the Chicago open using RobinHood' template #2 below, {image} ...
Yup, I have noticed that few trades take a long time to play out.
I will have to revisit those trades to check if I can apply any filters, whereby i save myself from going in early into the trade.
I am sure it can be refined.

What is the template 2 you speak about? Is it to use Heiken Ashi candles?
Find a strategy that works consistently and then trading becomes easy.
  • #9,428
  • Jan 14, 2025 11:37pm Jan 14, 2025 11:37pm
GJ Jan15 H4

Attached Image (click to enlarge)
Click to Enlarge Name: FF Cal Jan15 15-1-2025 1-33-43 pm.png Size: 24 KB


- still early to sell now

- at best we need to see the candles price action and both the Stoch crosses the 50-level and the RSI to confirm the MOMENTUM

- note the RSI is below its 50-level therefore the candles price action will determine the setup and entry

Attached Image (click to enlarge)
Click to Enlarge Name: GJ Jan14 H4 pre-FO 15-1-2025 1-27-48 pm.png Size: 43 KB

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #9,429
  • Jan 14, 2025 11:39pm Jan 14, 2025 11:39pm
Quoting emmanuel7788
GJ Jan15 H4 {image} - still early to sell now - at best we need to see the candles and both the Stoch crosses the 50-level and the RSI to confirm the MOMENTUM - note the RSI is below its 50-level therefore the candles price action will determine the setup and entry {image} ...

GJ Jan15 M5 intraday trading

- template #2 in Post #1

- watch the market during the Frankfurt and London Open hours,

Attached Image (click to enlarge)
Click to Enlarge Name: GJ Jan15 M5 pre-FOLO 15-1-2025 1-28-25 pm.png Size: 43 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #9,430
  • Jan 14, 2025 11:48pm Jan 14, 2025 11:48pm
Quoting Roscearm
{quote} Yup, I have noticed that few trades take a long time to play out. I will have to revisit those trades to check if I can apply any filters, whereby i save myself from going in early into the trade. I am sure it can be refined. What is the template 2 you speak about? Is it to use Heiken Ashi candles?

template #2 and how to use that is in Post#1.

works best for CONTINUATION trade entries after the H4 and Daily CROSSOVER.


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #9,431
  • Jan 15, 2025 12:02am Jan 15, 2025 12:02am
Quoting lynnc
{quote}Can I just ask why you replaced the RSI from the original method with the Macd?
@lynnc

You have jumping around in different threads in FF looking for the holy grail system.
In his post#1, he did say nothing is Holy Grail in trading.

The OP mentioned in post#1 how he use the MACD(12,26,9) in addition to those indicators in template#1.

IF after more than 5 years trying to trade Trading Made Simple 5-Method and still cannot see the simplicity in what RobinHood shared in his thread here, you will have no chance to succeed trading with template #1.


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #9,432
  • Jan 15, 2025 12:47am Jan 15, 2025 12:47am
Quoting emmanuel7788
{quote} GJ Jan15 M5 intraday trading - template #2 in Post #1 - watch the market during the Frankfurt and London Open hours, {image} ...

GJ Jan15 H4 sell entry

you risk the Frankfurt and London opening hours,


Attached Image (click to enlarge)
Click to Enlarge Name: GJ Jan15 H4 entry M5 15-1-2025 2-45-15 pm.png Size: 48 KB


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #9,433
  • Jan 15, 2025 12:54am Jan 15, 2025 12:54am
Quoting emmanuel7788
{quote} GJ Jan15 H4 sell entry you risk the Frankfurt and London opening hours, {image} ...

GJ Jan15 sell trade update:

I got my H1 entry during the last 4 hour trade window using Multi-Lot entries

now exited 1 trade +1R

BE the remaining two trades and wait for exit 2 and 3 , +3R and +5R

Attached Image (click to enlarge)
Click to Enlarge Name: GJ Jan15 trades cupdate TP1 exit15-1-2025 2-19-10 pm.png Size: 25 KB


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #9,434
  • Jan 15, 2025 1:30am Jan 15, 2025 1:30am
I've been following this thread for several weeks now, after browsing the whole thing. I'd like to thank all the contributors who share their views.
This method lives up to its name.
Good trades to all !
  • #9,435
  • Jan 15, 2025 9:29am Jan 15, 2025 9:29am
Quoting emmanuel7788
{quote} GJ Jan15 sell trade update: I got my H1 entry during the last 4 hour trade window using Multi-Lot entries now exited 1 trade +1R BE the remaining two trades and wait for exit 2 and 3 , +3R and +5R {image} ...
I would also like to state as the person above me did. I've also been browsing this thread for a while and would absolutely like to thank all of you for every single bit of information that's in this. And every other thread I've happen to find on here. SO MANY gold nuggets. My notepad is FILLED with copy and pasted lol.
Anyways I've noticed that you are using template #1 I believe. Is there a reason for that over the triple threat method? Both seem simple enough, I just recently started demo trading on an oanda account on mt4 and trying to wrap my head around a method.. having a tough time figuring out which one I would like to pursue more. I like to say trade stocks on the morning while at work in the bathroom for an hour. Then the rest of the day I like to trade the 4hr/Daily/weekly charts for forex. I haven't found my edge and I'm definitely loosing more than winning. But that's fine, learning curves with not alot of experience. I'll get there, just wondering how come your not using RHO pro triple threat vs the #1 template?
Trying to learn how to learn how to teach a robot how to learn
  • #9,436
  • Jan 15, 2025 5:13pm Jan 15, 2025 5:13pm
RobinHood and others,

Can I please request you legends to share a screenshot of your latest template for XAU on 1H?

I want to check how similar or different it is to mine and make amends accordingly. I do not need the actual template, just a screenshot.

Thanking everyone in advance.

Happy Trading!!!
Find a strategy that works consistently and then trading becomes easy.
  • #9,437
  • Jan 15, 2025 10:44pm Jan 15, 2025 10:44pm
Happening Today and Tomorrow,

Attached Image (click to enlarge)
Click to Enlarge Name: FF Cal Jan16 16-1-2025 12-34-35 pm.png Size: 19 KB


GU Jan 16, waiting for the Frankfurt and London Opening hours,

Attached Image (click to enlarge)
Click to Enlarge Name: GU Jan16 M5 with Daily 16-1-2025 12-41-44 pm.png Size: 52 KB




...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #9,438
  • Jan 15, 2025 10:46pm Jan 15, 2025 10:46pm
Quoting Roscearm
RobinHood and others, Can I please request you legends to share a screenshot of your latest template for XAU on 1H? I want to check how similar or different it is to mine and make amends accordingly. I do not need the actual template, just a screenshot. Thanking everyone in advance. Happy Trading!!!
just comparing XAU and USDJPY H1,

Attached Image (click to enlarge)
Click to Enlarge Name: XAU compare USDJPY H1 16-1-2025 12-44-42 pm.png Size: 24 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #9,439
  • Jan 16, 2025 1:18am Jan 16, 2025 1:18am
Quoting Roscearm
RobinHood and others, Can I please request you legends to share a screenshot of your latest template for XAU on 1H? I want to check how similar or different it is to mine and make amends accordingly. I do not need the actual template, just a screenshot. Thanking everyone in advance. Happy Trading!!!
I'm not a legend but I'm willing to share with you
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 39 KB
  • #9,440
  • Jan 16, 2025 2:47am Jan 16, 2025 2:47am
Quoting emmanuel7788
{quote} just comparing XAU and USDJPY H1, {image} ...
Thank you champ. But i was after the chart along with the TMS indicators that you use.

If you can send one, that would be greatly appreciated.
Find a strategy that works consistently and then trading becomes easy.
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