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Trading Made Simple

  • #149,941
  • May 15, 2025 12:31am May 15, 2025 12:31am
Quoting emmanuel7788
Thursday May15 London 6am soon - by now you should already know which pairs to trade the next 4Hr when these 4Hr candles close {image} ...
Two M5 entries when the London Open,

Attached Image (click to enlarge)
Click to Enlarge Name: UC May15 M5 LO buy 15-5-2025 3-06-33 pm.png Size: 46 KB

Attached Image (click to enlarge)
Click to Enlarge Name: NU May15 LO M5 sell 15-5-2025 3-05-59 pm.png Size: 44 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #149,942
  • May 15, 2025 6:30am May 15, 2025 6:30am
Quoting emmanuel7788
{quote} Monthly and Weekly in favour but the Daily has been choppy therefore difficult to handle the intra-week volatility trading with single entry and small stop loss. The Money Management strategy for such market conditions is TMS MEME and TME EVO IX {image} ...
Hello, dear emmanuel. Could you please share the multi - timeframe candlesticks indicator on the right side of this picture with me? Thank you very much.
  • #149,943
  • May 15, 2025 8:29am May 15, 2025 8:29am
EURJPY / H1 : Short
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Victory Is the Only Thing That Can Keep You Alive...
  • #149,944
  • May 15, 2025 10:10am May 15, 2025 10:10am
Quoting NikiPink
EURJPY / H1 : Short {image}


EJ sell, sell, sell, sell, sell, sell,.....

Attached Image (click to enlarge)
Click to Enlarge Name: EJ May15 4Hr V19 sell sell sell 16-5-2025 1-04-32 am.png Size: 48 KB



London has closed, ... New York closing 5pm
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #149,945
  • May 15, 2025 10:19am May 15, 2025 10:19am
Quoting emmanuel7788
XAU May14 4Hr - Stoch is between 20 and 80, > now we wait for the best A+++ setup > GOLD investors will be back soon when the metal price is right for them to stock up their reserves and to hedge their other assets. {image} - a good technical 'signal' would be a Weekly pull-back ...

Attached Image (click to enlarge)
Click to Enlarge Name: XAU May14 H4 V19 14-5-2025 9-23-51 am.png Size: 43 KB


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XAU May15 4Hr New York 1pm

Is the Weekly pulling back ?

Attached Image (click to enlarge)
Click to Enlarge Name: XAU May15 H4 V19 16-5-2025 12-55-01 am.png Size: 44 KB


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #149,946
  • May 15, 2025 10:47am May 15, 2025 10:47am
Quoting anduinlee
{quote} Hello, dear emmanuel. Could you please share the multi - timeframe candlesticks indicator on the right side of this picture with me? Thank you very much.
Pipware charts by FF member stratman.

https://www.forexfactory.com/thread/...59#post9588859

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #149,947
  • May 15, 2025 5:12pm May 15, 2025 5:12pm
Quoting emmanuel7788
{quote} XAU May15 4Hr New York 1pm Is the Weekly pulling back ? {image} ... {image}

For those trading the Daily chart,

too early to buy today unless three things are in harmony

XAU May16 Daily Tokyo 9am



...
Attached Image (click to enlarge)
Click to Enlarge Name: XAU May16 Daily too ealry 16-5-2025 8-07-47 am.png Size: 31 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #149,948
  • May 15, 2025 6:05pm May 15, 2025 6:05pm
Friday May 16, something to consider

GU May 16 4Hr Tokyo 10am

Attached Image (click to enlarge)
Click to Enlarge Name: GU May16 H4 TOK10am 16-5-2025 9-03-15 am.png Size: 43 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #149,949
  • May 16, 2025 12:24am May 16, 2025 12:24am
Quoting emmanuel7788
{quote} For those trading the Daily chart, too early to buy today unless three things are in harmony XAU May16 Daily Tokyo 9am ... {image}
Thanks for your analysis on the Daily chart. It’s very helpful. If you have time, could you please take a deeper look at the H4 and H1 timeframes as well? I'd really appreciate your insights on the shorter-term price action. Thanks in advance!
  • #149,950
  • May 16, 2025 1:18am May 16, 2025 1:18am
Quoting nguyentrict
{quote} Thanks for your analysis on the Daily chart. It’s very helpful. If you have time, could you please take a deeper look at the H4 and H1 timeframes as well? I'd really appreciate your insights on the shorter-term price action. Thanks in advance!

It's Friday

It would be easy when you have done your Big Picture Planning BPP and also your WTDA. Once you know the Market Type conditions from your BPP and WTDA,
there isn't a lot of analysis required. TMS_V19 EA provides a lot of technical information for you to make your trading decision.

XAU May16 4Hr London 9am
Attached Image (click to enlarge)
Click to Enlarge Name: XAU May16 4Hr London 9am 16-5-2025 4-14-04 pm.png Size: 44 KB



XAU May 16 1Hr London 9am
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Click to Enlarge Name: XAU May16 1Hr London 9am 16-5-2025 4-15-08 pm.png Size: 45 KB

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #149,951
  • May 16, 2025 1:24am May 16, 2025 1:24am
Quoting emmanuel7788
{quote} For those trading the Daily chart, too early to buy today unless three things are in harmony XAU May16 Daily Tokyo 9am ... {image}
Dear Emmanuel,

As I am more interested/ inclined towards Daily time frame , please can you shed some light on these three things.

Thanks

Best
Eliza
  • #149,952
  • May 16, 2025 1:43am May 16, 2025 1:43am
Quoting emmanuel7788
{quote} It's Friday It would be easy when you have done your Big Picture Planning BPP and also your WTDA. Once you know the Market Type conditions from your BPP and WTDA, there isn't a lot of analysis required. TMS_V19 EA provides a lot of technical information for you to make your trading decision. XAU May16 4Hr London 9am {image} XAU May 16 1Hr London 9am {image} ...

XAU May16 London 9:40am

M5 bullish and H1 is pull-back

Attached Image (click to enlarge)
Click to Enlarge Name: XAU May 16 M5 London 9-40am 16-5-2025 4-42-16 pm.png Size: 41 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #149,953
  • May 16, 2025 3:08am May 16, 2025 3:08am
Quoting emmanuel7788
{quote} It's Friday It would be easy when you have done your Big Picture Planning BPP and also your WTDA. Once you know the Market Type conditions from your BPP and WTDA, there isn't a lot of analysis required. TMS_V19 EA provides a lot of technical information for you to make your trading decision. XAU May16 4Hr London 9am {image} XAU May 16 1Hr London 9am {image} ...
I was reading your old posts and founbd this:


“Expecting the same system to work in all market types is the definition of insanity”

Market type refers to the different stages or states that a market flows through.

The market type concept was made popular by trading coach and psychologist Van Tharp in his books and courses. Tharp believes that while it is insanity to expect a system to work in all conditions, if you can define the market type then it is relatively easy to design a system that provides an edge in that specific market type.
  • #149,954
  • Edited 8:02pm May 16, 2025 7:46pm | Edited 8:02pm
Quoting ENoris
{quote} I was reading your old posts and founbd this: “Expecting the same system to work in all market types is the definition of insanity” Market type refers to the different stages or states that a market flows through. The market type concept was made popular by trading coach and psychologist Van Tharp in his books and courses. Tharp believes that while it is insanity to expect a system to work in all conditions, if you can define the market type then it is relatively easy to design a system that provides an edge in that specific market type....
When you read the OP' posts and take notes of what he said and what is on the charts.

Example, his post #1698. It is so easy with hindsight view looking at the rearview mirror.

He would not trade narrow range-bound market conditions.

He only chose to trade when he sees potential swings of 3 to 8 candles.

Why would he exit his 4Hr trades at his local time 6am.

He also knew when not-to-exit at 6am but would hold on to his trades for maximum profit.

Defining just 3 market types with the 5-Method is simple enough. We do not need 25 market types when we are here Trading Made Simple.

How do you drive looking forward ? It is also easy BUT we must know nothing works 100%. Just use a simple WTDA and be CONSISTENT with that.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #149,955
  • May 16, 2025 7:53pm May 16, 2025 7:53pm
Quoting ENoris
{quote} Dear Emmanuel, As I am more interested/ inclined towards Daily time frame , please can you shed some light on these three things. Thanks Best Eliza

You need to look at the market with a top down view ... and have the the Big Picture of the market.

With just one Big Picture, you can trade any timeframe you want to and NOT just the Daily.
The Big Picture will help you see the potential of the market and to make more money.

three things:
fundamentals
market sentiments
technicals

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #149,956
  • May 16, 2025 8:44pm May 16, 2025 8:44pm
Quoting nguyentrict
{quote} Thanks for your analysis on the Daily chart. It’s very helpful. If you have time, could you please take a deeper look at the H4 and H1 timeframes as well? I'd really appreciate your insights on the shorter-term price action. Thanks in advance!

@nguyentrict

New York Friday May 16, 5pm .. market closed.

Now you can start your Big Picture Planning BPP and also your Weekly Top Down Analysis WTDA and prepared for next week May 18 to 23 trading.

With your BPP and WTDA, you should know the Market Type conditions we are trading in next week.

Review this week May 11 to 16, what have you missed on you H4 and H1.

Big Picture Monthly and Weekly

- Gold is at its all time high

- take note of the Monthly highs and when the Price broke those highs

- since week 17 and the WCC week 16 still has the control, the market has been sideways range-bound and choppy.

XAU Monthly
Attached Image (click to enlarge)
Click to Enlarge Name: XAU May17 MN NYClosed 17-5-2025 11-31-38 am.png Size: 23 KB



XAU Weekly
Attached Image (click to enlarge)
Click to Enlarge Name: XAU May17 Weekly WCC NYClosed 17-5-2025 11-32-09 am.png Size: 23 KB

Now its your weekend task to do your review of the Daily, H1 and H1

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #149,957
  • May 17, 2025 4:09am May 17, 2025 4:09am
Remarkable that after all these years Vincent is still struggling to get rid of TDI in this thread.

139,503 > "all that nonsense to check TDI for setups..."
  • #149,958
  • May 17, 2025 4:15am May 17, 2025 4:15am
Quoting eelfranz
Alright all you party animals trying to recover from last night... or longer... Last couple of pages has covered many different topics... well, touched base anyway.... 2scoops... on post 2594... 2scoops asked me a long time ago what would be the most beneficial to learning this method for higher success... The answer was simple... study old charts for set ups... now strip down everything on that chart at that point... trends, angles, S/R levels, News times, Stoch angle within the 20-80 lines..etc. Burn it into your memory... I spent 2...

ANyone here still struggling with success?

Read the OP post #2617 above and you wont need the TDI anymore for higher success.

IF you stripped the TDI from your charts, then you achieve higher success. No need for that nonsense checking the TDI for setups.

BUT you need to spend your next two years doing _______________________.

Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #149,959
  • May 17, 2025 4:25am May 17, 2025 4:25am
Quoting emmanuel7788
{quote} Two M5 entries when the London Open, {image} {image} ...
Hi... Can i get the indicators and template for this sir.. Thanks
  • #149,960
  • May 17, 2025 6:46pm May 17, 2025 6:46pm
Quoting Devilmatrix7
{quote} Hi... Can i get the indicators and template for this sir.. Thanks

here is link to old post:

https://www.forexfactory.com/thread/...6#post12871196

you already missed the good times 2020 to 2023.

Attached Image (click to enlarge)
Click to Enlarge Name: TMS_V19 EA screenshot.png Size: 98 KB


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