Trading Made Simple(r) | Page 489 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading Made Simple 151,872 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(r)
Exit Attachments

Trading Made Simple(r)

  • #9,761
  • Feb 18, 2025 9:29pm Feb 18, 2025 9:29pm
Damn thing takes out the SL and goes to TP.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 58 KB
Find a strategy that works consistently and then trading becomes easy.
  • #9,762
  • Feb 18, 2025 9:31pm Feb 18, 2025 9:31pm
another one on BEE TEA SEA.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 54 KB
Find a strategy that works consistently and then trading becomes easy.
  • #9,763
  • Feb 19, 2025 2:55am Feb 19, 2025 2:55am
I did not take this trade on real or demo account.

Just was checking for a good SL placement. Played out pretty perfectly.

But doesn't happen when I take the trade on real account.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 51 KB
Find a strategy that works consistently and then trading becomes easy.
  • #9,764
  • Feb 19, 2025 5:33am Feb 19, 2025 5:33am
Hello all! Newbie to this method here.

Quick question, the candle with the 1st arrow is the one that broke and closed under the 5MA. As per the 1st post, we can enter once this candle closes. However, the candle with the 2nd arrow opened and the bottom part of the chart is still above the 50 line, as marked by the vertical line.

If we wait for the 50 level cross in the bottom window and enter, we would've lost about 20 pips from the 5MA cross and i think most of the momentum is gone.

What do you say is the best way in this situation? Should we enter once the candle breaks and closes under the 5MA, despite the bottom window not below level 50?
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD.stdH1.png Size: 34 KB
  • #9,765
  • Feb 19, 2025 6:43am Feb 19, 2025 6:43am
Quoting gnomefan
Hello all! Newbie to this method here. Quick question, the candle with the 1st arrow is the one that broke and closed under the 5MA. As per the 1st post, we can enter once this candle closes. However, the candle with the 2nd arrow opened and the bottom part of the chart is still above the 50 line, as marked by the vertical line. If we wait for the 50 level cross in the bottom window and enter, we would've lost about 20 pips from the 5MA cross and i think most of the momentum is gone. What do you say is the best way in this situation? Should we enter...
Hello,
Maybe post 9,665 could help you
  • #9,766
  • Feb 19, 2025 7:20am Feb 19, 2025 7:20am
Quoting Jules.
{quote} Hello, Maybe post 9,665 could help you
Hello Jules. Thank you for sharing.

So, from what i understand, its after the candle that crosses the MA5 and close under it is the right entry. So, from my screenshot, it's the candle on the left arrow.

Right?
  • #9,767
  • Feb 19, 2025 11:13am Feb 19, 2025 11:13am
Quoting gnomefan
{quote} Hello Jules. Thank you for sharing. So, from what i understand, its after the candle that crosses the MA5 and close under it is the right entry. So, from my screenshot, it's the candle on the left arrow. Right?
You’re Welcome !
To be honest I am new to this method too !
But, I think I would have enter on the second candle (right arrow) cause I prefer losing 20 pips however be sure that I am in the great direction than « jump on the gun » and enter before having a powerful set up.
Please correct me if I am wrong !!
  • #9,768
  • Feb 19, 2025 5:09pm Feb 19, 2025 5:09pm
Busy trading day on GOLD yesterday. 3 wins and 1 loss.
Missed a very easy short trade which could have been 4 wins for the day.

Scorecard:
Wins: 36
Loss: 11
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 84 KB
Find a strategy that works consistently and then trading becomes easy.
  • #9,769
  • Feb 19, 2025 7:33pm Feb 19, 2025 7:33pm
Quoting Straasha
RSI TMS Color v0.5 Added: - Update Mail Alert - Add Sound Alert - Update Alerts conditions : BUY SIGNAL RSI > 50 Stock 8,3,3 > 50 Stock 14,3,3 > 50 SELL SIGNAL RSI < 50 Stock 8,3,3 < 50 Stock 14,3,3 < 50 {file}
Not sure if the alerts are working on this mate. Does it send only email alerts?

Maybe pop-up and push notifications are needed.
Find a strategy that works consistently and then trading becomes easy.
  • #9,770
  • Feb 19, 2025 9:20pm Feb 19, 2025 9:20pm
Quoting Jules.
{quote} You’re Welcome ! To be honest I am new to this method too ! But, I think I would have enter on the second candle (right arrow) cause I prefer losing 20 pips however be sure that I am in the great direction than « jump on the gun » and enter before having a powerful set up. Please correct me if I am wrong !!
I just saw the answer by RH below;

  1. Post 9,679
  2. Post 9,675


I think that answered my question. Might be useful to you too!

  • #9,771
  • Feb 19, 2025 9:58pm Feb 19, 2025 9:58pm
Quoting Roscearm
Busy trading day on GOLD yesterday. 3 wins and 1 loss. Missed a very easy short trade which could have been 4 wins for the day. Scorecard: Wins: 36 Loss: 11 {image}
do you trade anytime of the day or at specific time?
thanks
  • #9,772
  • Feb 19, 2025 10:26pm Feb 19, 2025 10:26pm
Quoting Supafit
{quote} do you trade anytime of the day or at specific time? thanks
Pretty much anytime except NY session.

Mind you I dont take all the trades that presents as I may be busy with other things.
Find a strategy that works consistently and then trading becomes easy.
  • #9,773
  • Feb 19, 2025 11:31pm Feb 19, 2025 11:31pm
Quoting Roscearm
{quote} Not sure if the alerts are working on this mate. Does it send only email alerts? Maybe pop-up and push notifications are needed.
Hello Roscearm,
I can confirm that version 0.5 working fine to send alerts by email and pop-up notifications.
I sent a message to the designer of version 7.4 of the TMS Oscillator with the RHO in order to retrieve the mq4 version and corelate the alerts to it, but he seems not to have been connected for some time.
In a while, I'll go back to version 7.3 if I can manage it.

Thanks again to everyone for sharing, which, as far as I'm concerned, will pay off in 2025.
  • #9,774
  • Feb 20, 2025 3:59am Feb 20, 2025 3:59am
Quoting Straasha
{quote} Hello Roscearm, I can confirm that version 0.5 working fine to send alerts by email and pop-up notifications. I sent a message to the designer of version 7.4 of the TMS Oscillator with the RHO in order to retrieve the mq4 version and corelate the alerts to it, but he seems not to have been connected for some time. In a while, I'll go back to version 7.3 if I can manage it. Thanks again to everyone for sharing, which, as far as I'm concerned, will pay off in 2025.
Hi Straasha,

If you dont mind, can you please share a screenshot of the pop-message or alert? I have not changed any setting other than the timeframe, which i changed to 5 from I think 60.
Find a strategy that works consistently and then trading becomes easy.
  • #9,775
  • Feb 20, 2025 10:41am Feb 20, 2025 10:41am
GBPNZD Cross trade 1.25R

Daily bullish
4h bullish
Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZD_2025-02-20_16-25-05.png Size: 102 KB
  • #9,776
  • Feb 20, 2025 10:43am Feb 20, 2025 10:43am
EurJpy 4h Continuation trade. Sl hit.

Should have used bigger sl.

-1R
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY_2025-02-20_16-27-33.png Size: 86 KB
  • #9,777
  • Feb 20, 2025 10:44am Feb 20, 2025 10:44am
EURAUD Continuation trade 4h.
1,25 r
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD_2025-02-20_16-28-32.png Size: 62 KB
  • #9,778
  • Feb 20, 2025 10:45am Feb 20, 2025 10:45am
XAGUSD Cross Trade. 1.25 R
Attached Image (click to enlarge)
Click to Enlarge Name: XAGUSD_2025-02-20_16-28-46.png Size: 69 KB
  • #9,779
  • Feb 20, 2025 10:46am Feb 20, 2025 10:46am
GBPJPY 12H Cross Trade. 1.25R.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY_2025-02-20_16-29-16.png Size: 70 KB
  • #9,780
  • Feb 20, 2025 10:47am Feb 20, 2025 10:47am
USDCAD 4H Cross Trade. 1R
Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD_2025-02-20_16-29-43.png Size: 63 KB
8 traders viewing now