For those who have open sell positions last week, you will be rich when New York opens at 5pm.
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #10,602
- Edited 2:57pm Jun 22, 2025 12:50pm | Edited 2:57pm
- Joined Jul 2009 | Status: Trade What U See Not What You Think | 1,759 Posts
{quote} Thanks. I will simply use what’s provided in post 1, remove the Heiken Ashi Candles and use the RSO indicator as you have mentioned in another post to me. I hope that’s enough to locate the entry points.
Give You a Gift That Keeps on Giving
This is about as simple as trading can get and I have never shared this before.
I removed every indicator from the chart below, BUT, only to prove a point which is that it's possible to make money trading using just one indicator.
That indicator is: smTMMS Oscillator_v7.2 (I don't use v7.3 and above because one or more of them always turns my background grid off when I switch time frames. (I don't remember which ones do it, but I know v7.4 does).
Here the version that I use:
I use the standard inputs with these colors and widths.
There are MANY different ways to use this indicator, but one way is to go Long when the bars turn blue and/or green and exit when you get a white bar and go Short when the bars turn red and/or orange exit when you get a white bar.
OR
Another way is to go Long when the bars turn blue and/or green bar and exit when the purple line crosses the yellow line and go Short when the bars turn red and/or orange and exit when the purple line crosses the yellow line. (This is the EXACT reason why I asked SwingMan to add the yellow line to the tmTMMS).
Whichever way or ways you decide to use it, there will be lots of losing or BE trades, but the idea here is that you'll make more on avg. on the winners and lose less on avg. on the losers.
NOTE: I have not bask-tested these 2 exact ways as the ways I use it has more variables than just the one indicator such as: time of day, different pairs, different time frames, etc.
*Obviously, do you own "due diligence" before trading it with real money.
Always a Student, Never a Master - Emulate What Works
- #10,603
- Jun 22, 2025 1:09pm Jun 22, 2025 1:09pm
- Joined Jul 2011 | Status: Gold Again | 10,588 Posts
{quote} You are welcome. And since you were nice about it, I am going to... Give You a Gift That Keeps on Giving This is about as simple as trading can get and I have never shared this before. I removed every indicator from the chart below, BUT, only to prove a point which is that it's possible to make money trading using just one indicator. That indicator is: smTMMS Oscillator_v7.2 (I don't use v7.3 and above because one or more of them always turns my background grid off when I switch time frames. (I don't remember which ones do it, but I know...
It takes a lot for me to IGNORE you, but you can try.
- #10,604
- Jun 22, 2025 1:59pm Jun 22, 2025 1:59pm
- Joined Jul 2009 | Status: Trade What U See Not What You Think | 1,759 Posts
{quote} I'm confused, you spoke of v7.2 which the chart and settings show, yet you attached v4.0
Always a Student, Never a Master - Emulate What Works
- #10,605
- Jun 22, 2025 2:04pm Jun 22, 2025 2:04pm
- Joined Jul 2011 | Status: Gold Again | 10,588 Posts
{quote} You are correct. I have uploaded v7.2 and deleted v4.0.
I'm getting all these Arrows and Dots, take a look
Thanks again
It takes a lot for me to IGNORE you, but you can try.
- #10,606
- Jun 22, 2025 2:53pm Jun 22, 2025 2:53pm
- Joined Jul 2009 | Status: Trade What U See Not What You Think | 1,759 Posts
Always a Student, Never a Master - Emulate What Works
Hello Everrone,
Bedtime for me here in the UK, and I thought I want to take a moment to sincerely thank to both the Robinhood and SwingMan for their outstanding contributions. Your generosity in sharing your time, knowledge, tools, and ongoing insights has truly made a difference in my trading journey.
I’ll admit, I’m probably what SwingMan would categorize as a “lazy trader”
But even so, the clarity and structure of RobinHood’s system, combined with SwingMan’s tools , have helped me stay on track and keep improving (Kaizen, the Japanese philosophy of continuous improvement). The more I study and apply it, the more I realize that this method truly works, even if you progress gradually.
I’m still learning every day, but the results speak for themselves.
Below is my screenshot for the month of June (up to today). I’m sharing it not to brag, but to encourage others, consistency and simplicity really do pay off if you stick with the process.
Thanks again to Robinhood and SwingMan for making this journey possible and sustainable , even for the “lazy” ones like me.
Can I call myself a profitable trader yet? Maybe not, it s long journey, I need to work on myself but I finally feel like I’m on the right path.
Best
EN
Bedtime for me here in the UK, and I thought I want to take a moment to sincerely thank to both the Robinhood and SwingMan for their outstanding contributions. Your generosity in sharing your time, knowledge, tools, and ongoing insights has truly made a difference in my trading journey.
I’ll admit, I’m probably what SwingMan would categorize as a “lazy trader”
But even so, the clarity and structure of RobinHood’s system, combined with SwingMan’s tools , have helped me stay on track and keep improving (Kaizen, the Japanese philosophy of continuous improvement). The more I study and apply it, the more I realize that this method truly works, even if you progress gradually.I’m still learning every day, but the results speak for themselves.
Below is my screenshot for the month of June (up to today). I’m sharing it not to brag, but to encourage others, consistency and simplicity really do pay off if you stick with the process.
Thanks again to Robinhood and SwingMan for making this journey possible and sustainable , even for the “lazy” ones like me.
Can I call myself a profitable trader yet? Maybe not, it s long journey, I need to work on myself but I finally feel like I’m on the right path.
Best
EN
- #10,608
- Jun 22, 2025 5:01pm Jun 22, 2025 5:01pm
- Joined Jul 2009 | Status: Trade What U See Not What You Think | 1,759 Posts
Hello Everrone, Bedtime for me here in the UK, and I thought I want to take a moment to sincerely thank to both the Robinhood and SwingMan for their outstanding contributions. Your generosity in sharing your time, knowledge, tools, and ongoing insights has truly made a difference in my trading journey. I’ll admit, I’m probably what SwingMan would categorize as a “lazy trader”
It would probably be helpful for you to show us your trading screen with the setup(s) that you are using, the time frame you are trading, and the time of day that you're trading, plus any other info about your trading that you would like to share.
Always a Student, Never a Master - Emulate What Works
- #10,610
- Jun 22, 2025 6:46pm Jun 22, 2025 6:46pm
- Joined Nov 2008 | Status: Trader | 50,203 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #10,611
- Jun 22, 2025 7:15pm Jun 22, 2025 7:15pm
- Joined Nov 2008 | Status: Trader | 50,203 Posts
{quote} XAU Jun23 Daily Tokyo 10am now - you have the next 20 hours to place your order(s). - or you can wait till today Closed, then place your order. ...
{image}
Trading the Daily is also simple.
I use RH' template #2 post#1 and have the Tokyo Open, London Open and the US Open on my charts.
When I have access to my MT4 trading server, at those times of the day. I can place my market orders.
> It can still get easier than this which I will share when the time is right.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #10,618
- Jun 22, 2025 11:20pm Jun 22, 2025 11:20pm
- Joined Nov 2008 | Status: Trader | 50,203 Posts
{quote} Trading the Daily is also simple. I use RH' template #2 post#1 and have the Tokyo Open, London Open and the US Open on my charts. When I have access to my MT4 trading server, at those times of the day. I can place my market orders. {image} > It can still get easier than this which I will share when the time is right. ...
{image}
IF you are trading the Daily chart,
Do you have written rules that allow you to sell at Frankfurt Open now ?
I have added the smTMMS_Oscillator v7.4 and use that for CONFLUENCE .
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #10,619
- Jun 22, 2025 11:49pm Jun 22, 2025 11:49pm
- Joined Nov 2008 | Status: Trader | 50,203 Posts
{quote} XAU Jun23 Daily Tokyo 10am now - you have the next 20 hours to place your order(s). - or you can wait till today Closed, then place your order. ... {image}
XAU Jun23 Daily chart Frankfurt Open hour
- where is the target TP for this Daily sell?
- I would use the Weekly candle range low 3293ish.
- however because of the geopolitical situation, market will react every time there is significant events,
- as traders we must be vigilant at all times and our mental strategy must guide us and ensure we to stay calm and take actions according to our trade plans
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett