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Trading Made Simple 151,879 replies

Trading Made Simple the right way, and other trading lessons 334 replies

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Trading Made Simple(r)

  • #10,421
  • May 21, 2025 11:50pm May 21, 2025 11:50pm
Quoting kalimac1
{quote} Why do you prefer using 12, 3, 3 and 55, 10, 3 instead of more common Stochastic settings like 8, 3, 3 and 14, 3, 3?
because I have made the settings and setup my own. For the timings and the instruments I trade, i have modified the settings to what I am comfortable with.

But I would suggest you to follow rules as per Page 1. You can play with your own settings once you understand the indicators and the basic settings first.
Find a strategy that works consistently and then trading becomes easy.
  • #10,422
  • May 22, 2025 12:10am May 22, 2025 12:10am
Quoting Roscearm
{quote} because I have made the settings and setup my own. For the timings and the instruments I trade, i have modified the settings to what I am comfortable with. But I would suggest you to follow rules as per Page 1. You can play with your own settings once you understand the indicators and the basic settings first.
thanks for your advice
  • #10,423
  • May 22, 2025 9:57am May 22, 2025 9:57am
Hey guys, I hope you are all well, thanks for continuing with this system, today is my 22nd birthday and I became very reflective in the early hours of today, to the point that I started to cry because yesterday I burned my My Funded Futures account and because this year has been very difficult in terms of my trading, I complicated my trading a lot with ICT concepts, today I decided to go back to the simple and this system I remember was very simple, thanks RoscearmSe for sharing your TradingView template I have configured everything and I am reading some of your posts, have a nice day everyone
  • #10,424
  • May 22, 2025 3:42pm May 22, 2025 3:42pm
Quoting ange1agui
Hey guys, I hope you are all well, thanks for continuing with this system, today is my 22nd birthday and I became very reflective in the early hours of today, to the point that I started to cry because yesterday I burned my My Funded Futures account and because this year has been very difficult in terms of my trading, I complicated my trading a lot with ICT concepts, today I decided to go back to the simple and this system I remember was very simple, thanks RoscearmSe for sharing your TradingView template I have configured everything and I am reading...

Happy Birthday

make your birthday resolution,
keep trading simple, ..follow simple rules for entries and exits, ... fewer rules is better, ... do this for your next 1,000 trades,... be DISCIPLINED and the market will reward you.

Rule #1

Attached Image (click to enlarge)
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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #10,425
  • May 22, 2025 3:47pm May 22, 2025 3:47pm
Quoting emmanuel7788
{quote} ¡Feliz cumpleaños! Haz tu propósito de cumpleaños: opera de forma sencilla... sigue reglas simples para entrar y salir... cuantas menos reglas, mejor... haz esto en tus próximas 1000 operaciones... sé DISCIPLINADO y el mercado te recompensará. Regla n.° 1 {image}...
Thanks Emmanuel, I will read the rule every day, it's a great day to reset and start over!
  • #10,426
  • May 25, 2025 2:58am May 25, 2025 2:58am
seems the method still works after many years right guys

I just read this article today

my goal is to earn 1-3% of FTMO fund account
  • #10,427
  • May 25, 2025 3:57am May 25, 2025 3:57am
Quoting tienvip123be
seems the method still works after many years right guys I just read this article today my goal is to earn 1-3% of FTMO fund account
The System is usually not the problem. It's the dude pressing the buttons in fromy of the Screen.
  • #10,428
  • May 25, 2025 4:41am May 25, 2025 4:41am
Quoting tienvip123be
seems the method still works after many years right guys I just read this article today my goal is to earn 1-3% of FTMO fund account

@tienvip123be

The method here is really very simple. This is based on the original TMS by Big E and OP @RobinHood has made this simpler.
If you follow the @RobinHood post #1 and trade the CONTINUATION setups your account will grow quickly. @RH has also given a lot of advice from his 40+ years trading experience. Take notes of his advice.
On top of all that, you still have 25 rules to learn and follow. One of the 25 rules is mentioned in post #1997.

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #10,429
  • May 25, 2025 9:21pm May 25, 2025 9:21pm
Quoting emmanuel7788
{quote} @tienvip123be Phương pháp ở đây thực sự rất đơn giản. Phương pháp này dựa trên TMS gốc của Big E và OP @RobinHood đã làm cho phương pháp này đơn giản hơn. Nếu bạn làm theo bài đăng số 1 của @RobinHood và giao dịch theo thiết lập TIẾP TỤC, tài khoản của bạn sẽ tăng trưởng nhanh chóng. @RH cũng đã đưa...
thank you
should i trade with eelfranz's original method or robinhood's method which will be better
  • #10,430
  • May 27, 2025 12:41am May 27, 2025 12:41am
Quoting tienvip123be
{quote} thank you should i trade with eelfranz's original method or robinhood's method which will be better
Doesn't matter if you choose Eelfranz's or Robinhood's. Do you have it in you to stick to one and execute it like clockwork?

That is the big challenge for a trader.
Find a strategy that works consistently and then trading becomes easy.
  • #10,431
  • May 27, 2025 1:01am May 27, 2025 1:01am
Quoting Roscearm
{quote} Doesn't matter if you choose Eelfranz's or Robinhood's. Do you have it in you to stick to one and execute it like clockwork? That is the big challenge for a trader.
Quoting tienvip123be
{quote} thank you should i trade with eelfranz's original method or robinhood's method which will be better
hi @tienvip123be

For beginners, RH' TMS(r) using template #1 and template #2 would be easier to trade when the trader is DISCIPLINED and follow RH' posts in page 1 of this thread.

@eelfranz' thread TMS 5-Method is not meant for beginners and new traders. He did mention this in his post that it requires traders to be at the level of intermediate + above which means traders with 10+ years live trading experience and are proficient in price action trading without indicators.

You can consider using RH' template #1 to confirm the TMS 5-Method setups. This would be higher probability trading.

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #10,432
  • May 27, 2025 1:05am May 27, 2025 1:05am
Quoting emmanuel7788
{quote} {quote} hi @tienvip123be For beginners, RH' TMS(r) using template #1 and template #2 would be easier to trade when the trader is DISCIPLINED and follow RH' posts in page 1 of this thread. @eelfranz' thread TMS 5-Method is not meant for beginners and new traders. He did mention this in his post that it requires traders to be at the level of intermediate + above which means traders with 10+ years live trading experience and are proficient in price action trading without indicators. You can consider using RH' template #1 to confirm the TMS...
I concur RH's TMS(r) is the most simplest trading method there is.
Find a strategy that works consistently and then trading becomes easy.
  • #10,433
  • May 27, 2025 4:19am May 27, 2025 4:19am
Quoting emmanuel7788
{quote} {quote} chào @tienvip123be Đối với người mới bắt đầu, RH' TMS(r) sử dụng mẫu #1 và mẫu #2 sẽ dễ giao dịch hơn khi nhà giao dịch CÓ KỶ LUẬT và làm theo các bài đăng của RH ở trang 1 của chuỗi này. Chuỗi TMS 5-Method của @eelfranz không dành cho người mới bắt đầu và nhà giao dịch mới. Anh ấy đã đề cập đến...

how many pips do you usually set for SL and TP per order
I find JPY pairs quite volatile, and easier to reverse
  • #10,434
  • May 27, 2025 5:33am May 27, 2025 5:33am
Quoting tienvip123be
{quote} how many pips do you usually set for SL and TP per order I find JPY pairs quite volatile, and easier to reverse

look at the setup and the market' volatility ,

for example in post #1 CONTINUATION trades, use the last swing low / swing high for the Initial Stop Loss as risk 'R' then calculate the trade Positions Size based on your %risk in dollars and initial Stop Loss. The number of pips is not important , if you risk $200 your loss will be maximum $200 no matter the number of pips.
Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #10,435
  • May 27, 2025 6:14am May 27, 2025 6:14am
Quoting emmanuel7788
{quote} look at the setup and the market' volatility , for example in post #1 CONTINUATION trades, use the last swing low / swing high for the Initial Stop Loss as risk 'R' then calculate the trade Positions Size based on your %risk in dollars and initial Stop Loss. The number of pips is not important , if you risk $200 your loss will be maximum $200 no matter the number of pips. {image}
i just need to learn how to use indicators and follow them right
because i'm very bad at candlestick patterns or candlestick chart analysis, or price action
if i just follow the indicators, i think i can code it into a robot
  • #10,436
  • May 27, 2025 8:32am May 27, 2025 8:32am
Quoting tienvip123be
{quote} i just need to learn how to use indicators and follow them right because i'm very bad at candlestick patterns or candlestick chart analysis, or price action if i just follow the indicators, i think i can code it into a robot

its not that difficult to read the Price Action - the price Bar OHLC + the APB and HA candles

look at the swings ... swing lows and swing highs, then the Stoch (8,3,3) and Stoch(14,3,3) and the RSI lines at the 50-level.

when you see the Stoc(14,3,3) lags behind the Stoch (8,3,3) look at the price action ... wait for it to catch up and crosses the 50-level, look for the swing low in this example below.

Attached Image (click to enlarge)
Click to Enlarge Name: GJ Daily TMSr Stoch and RSI 27-5-2025 9-21-34 pm.png Size: 51 KB




...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #10,437
  • May 29, 2025 12:54am May 29, 2025 12:54am
Nice EU trade over the last few days
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  • #10,438
  • May 29, 2025 4:09am May 29, 2025 4:09am
USDCAD May29 4Hr London 10am

- not quite ready yet ...

- the Stoch(8,3,3) and (14,3,3,) are close to each other, another 2 to 3 candles will decide ...

Attached Image (click to enlarge)
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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #10,439
  • May 29, 2025 8:05pm May 29, 2025 8:05pm
Quoting emmanuel7788
USDCAD May29 4Hr London 10am - not quite ready yet ... - the Stoch(8,3,3) and (14,3,3,) are close to each other, another 2 to 3 candles will decide ... {image} ...

USDCAD May30 4Hr Tokyo 10am

- 3 candles later, it consolidates

- Stoch(14,3,3) catches up with the others,


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- later today news will move the market

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #10,440
  • Jun 1, 2025 9:45pm Jun 1, 2025 9:45pm
Hi Everyone,

Heres is one of the continuation trades I took this week.

Yellow Line Entry, Red Line Exit. Short Trade. Price is below the 21, and the 21 is below the 55.

Orange RSO is coming down from the 80
Blue RSO was below the 20 since 6:30 P.M. EST and was close to the 20 when I took the trade.
The 3 EMA had crossed the 8 EMA and 21 EMA
The 8 EMA had crossed the 21 EMA.
RSI was below 50

I exited when the Orange RSO was about to cross up through the 20. This type of trade setup usually happens everynight. It also happens in other sessions. Wait for the continuation to setup.

Dan
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