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Trading Made Simple(r)

  • #10,881
  • Aug 20, 2025 5:53pm Aug 20, 2025 5:53pm
Quoting RobinHood
{quote} I don't know what the settings are as all I did was copy and repost Eod's image.
Apologies!
I should have posted the image i was referring to in my previous post.

This is the one I am referring to. https://www.forexfactory.com/attachm...0?d=1755550841
Find a strategy that works consistently and then trading becomes easy.
  • #10,882
  • Edited 10:46am Aug 21, 2025 8:02am | Edited 10:46am
Quoting Roscearm
{quote} Apologies! I should have posted the image i was referring to in my previous post. This is the one I am referring to. {image}
In that image, on the RSO, I am using:

Orange %D Line - 8, 3, 3 - Exponential.

Blue Line %D Line - 34, 10, 3 - Exponential.
Always a Student, Never a Master - Emulate What Works
  • #10,883
  • Aug 21, 2025 10:57am Aug 21, 2025 10:57am
Quoting RobinHood
{quote} In questa immagine, sull'RSO, sto usando: Linea %D arancione - 8, 3, 3 - Esponenziale. Linea %D blu - 34, 10, 3 - Esponenziale.
Here it is. rso according to your settings.
This is my final configuration

Attached Image (click to enlarge)
Click to Enlarge Name: Cattura.JPG Size: 391 KB
  • #10,884
  • Aug 21, 2025 10:40pm Aug 21, 2025 10:40pm
Quoting RobinHood
{quote} Yes, I am still using the exponential settings for the RSO, and I only use the %D lines. Regarding methods I use when using the RSO...I have 3 main ways that I use the RSO. I have found that by doing that, it simplifies things for me, and for a lot for people who don't understand its many nuances. 1. To spot divergences - which often foretell of a market turn in the opposite direction, and I only use the orange line for that. 2. The other 2 ways are written on the chart...because a picture is worth a thousand words. {image} When day trading,...
Thanks a lot for sharing your experience, it’s been really helpful for me in learning trading. I just have one more question about entries and stop loss.
When you get a signal on the Daily chart, do you enter and set your stop loss on the Daily itself, or do you drop down to lower timeframes to find the entry and place the stop there?
Really appreciate your insights again, they mean a lot!
  • #10,885
  • Aug 21, 2025 11:22pm Aug 21, 2025 11:22pm
Quoting RobinHood
{quote} In that image, on the RSO, I am using: Orange %D Line - 8, 3, 3 - Exponential. Blue Line %D Line - 34, 10, 3 - Exponential.
Thank you RH. Really appreciated.
Find a strategy that works consistently and then trading becomes easy.
  • #10,886
  • Aug 22, 2025 6:16am Aug 22, 2025 6:16am
Quoting kalimac1
{quote} Thanks a lot for sharing your experience, it’s been really helpful for me in learning trading. I just have one more question about entries and stop loss. When you get a signal on the Daily chart, do you enter and set your stop loss on the Daily itself, or do you drop down to lower timeframes to find the entry and place the stop there? Really appreciate your insights again, they mean a lot!
When I get an entry signal on the Daily chart, I go to a lower time frame to hopefully better time my entry, and it's usually using the 5 min. chart.

Regarding my Stop placement, I only use the Daily chart to decide where that is.
Always a Student, Never a Master - Emulate What Works
  • #10,887
  • Aug 22, 2025 9:33pm Aug 22, 2025 9:33pm
Quoting Eod
{quote} Hi emmanuel7788, and thank you for all your wonderful contributions. Could you elaborate on your statement? Which currency pairs are you referring to, and what specific market conditions are you referring to? Thanks in advance for your response.

@Eod

my post# 10,108 was to reply @Roscearm post #10,082 below.

Attached Image (click to enlarge)
Click to Enlarge Name: Roscearm post#10082.png Size: 152 KB


the two market type conditions to make consistent profits is
1) Trending market conditions
2) Sideways Wide Range market conditions

These are best market conditions where TMS traders can make consistent profits and create a positive cash flow as addition income to supplement their day job income.

Avoid trading in Sideways Narrow Range market conditions.

IF you have now your final trading template in your post #10,883,

Attached Image (click to enlarge)
Click to Enlarge Name: Eod TMSr template 23-8-2025 10-06-46 am.png Size: 373 KB



then @RH' post #10,886 just above should be what you will start your forward testing starting next week.

Remember, follow Big E' advise - follow simple rules for entries and exits.

When trading the Daily charts, you only need to trade-once-a-day.

GBPAUD Daily chart 2017 to 2024 the first 1,000 trades, this covers the period of the 45th and 46th terms of the US presidents ... Trump and Biden

Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUD DailyEA RR 1to3 6.71lot 22-8-2025 5-50-23 pm.png Size: 9 KB


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #10,888
  • Edited 6:19am Aug 23, 2025 1:34am | Edited 6:19am
Quoting emmanuel7788
{quote} @Eod il mio post n. 10.108 era per rispondere al post n. 10.082 di @Roscearm qui sotto. {image} Le due condizioni di mercato per ottenere profitti costanti sono 1) Condizioni di mercato in trend 2) Condizioni di mercato con ampio intervallo laterale. Queste sono le migliori condizioni di mercato in cui i trader TMS possono ottenere profitti costanti e creare un flusso di cassa positivo come reddito aggiuntivo per integrare il loro reddito da lavoro quotidiano. Evita...
Thank you emmanuel7788. Your advice is always extremely valuable. I'll do as you suggest.

the two market type conditions to make consistent profits is
1) Trending market conditions
2) Sideways Wide Range market conditions

Can you tell us more about point two? What do you do to address this second condition?
Thanks
  • #10,889
  • Aug 23, 2025 1:39am Aug 23, 2025 1:39am
Quoting emmanuel7788
{quote} @Eod il mio post n. 10.108 era per rispondere al post n. 10.082 di @Roscearm qui sotto. {image} Le due condizioni di mercato per ottenere profitti costanti sono 1) Condizioni di mercato in trend 2) Condizioni di mercato con ampio intervallo laterale. Queste sono le migliori condizioni di mercato in cui i trader TMS possono ottenere profitti costanti e creare un flusso di cassa positivo come reddito aggiuntivo per integrare il loro reddito da lavoro quotidiano. Evita...
Quoting emmanuel7788
{quote} @Eod my post# 10,108 was to reply @Roscearm post #10,082 below. {image} the two market type conditions to make consistent profits is 1) Trending market conditions 2) Sideways Wide Range market conditions These are best market conditions where TMS traders can make consistent profits and create a positive cash flow as addition income to supplement their day job income. Avoid trading in Sideways Narrow Range market conditions. IF you have now your final trading template...

the two market type conditions to make consistent profits is
1) Trending market conditions
2) Sideways Wide Range market conditions

Can you tell us more about point two? What do you do to address this second condition?
Thanks
  • #10,890
  • Aug 23, 2025 10:21pm Aug 23, 2025 10:21pm
Quoting emmanuel7788
{quote} @Eod my post# 10,108 was to reply @Roscearm post #10,082 below. {image} the two market type conditions to make consistent profits is 1) Trending market conditions 2) Sideways Wide Range market conditions These are best market conditions where TMS traders can make consistent profits and create a positive cash flow as addition income to supplement their day job income. Avoid trading in Sideways Narrow Range market conditions. IF you have now your final trading template...
Hi emmanuel7788,
I’ve noticed in many of your posts that you talk about looking for entries on lower timeframes after getting an entry signal on the higher timeframe.
Could you please share how you usually determine the stop loss in those situations?
Thanks a lot!
  • #10,891
  • Aug 24, 2025 7:44am Aug 24, 2025 7:44am
Quoting kalimac1
{quote} Hi emmanuel7788, I’ve noticed in many of your posts that you talk about looking for entries on lower timeframes after getting an entry signal on the higher timeframe. Could you please share how you usually determine the stop loss in those situations? Thanks a lot!
I posted one trade last week.


GBPJPY M5 August 20 London 9am

See these posts.
https://www.forexfactory.com/thread/...6#post15357756


https://www.forexfactory.com/thread/...5#post15358005


https://www.forexfactory.com/thread/...0#post15358420


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #10,892
  • Aug 24, 2025 7:53am Aug 24, 2025 7:53am
Quoting Eod
{quote} {quote} the two market type conditions to make consistent profits is 1) Trending market conditions 2) Sideways Wide Range market conditions Can you tell us more about point two? What do you do to address this second condition? Thanks

Using your template GBPAUD Aug 22 New York Close Weekly,

- the Weekly NYClose candle pulled-back and close, it did not close with higher Close

- do you see the previous Week' candle as big candle

- these two Weekly candles determine the Sideways Wide Range Market Type condition

- what does the RHO Pro6 show? Do you want to buy next week ?

Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUD Aug22 Weekly 24-8-2025 8-45-54 pm.png Size: 47 KB

Using my TMS 5-Method chart below,

I see the Week 33 candle is a WCC. What is the high-low range?

What are the ATR(52) weeks, ATR(104) weeks and ATR(5) weeks range?

Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUD Weekly WCC Week33 candle 24-8-2025 8-52-46 pm.png Size: 21 KB




...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #10,893
  • Edited 9:56am Aug 24, 2025 9:33am | Edited 9:56am
@emmanuel7788
Attached Image (click to enlarge)
Click to Enlarge Name: Cattura.JPG Size: 113 KB



Last week, the candlestick marked 244 pip. ATR 52 = 0.0320 ATR 104 = 0.0290 ATR 5 = 0.0251 Can you help me encode this information? I don't know how to use it practically for trading. However, I wouldn't buy on Monday because there was a strong bearish push last week... I would wait for a close above Friday's high to enter on D1.
  • #10,894
  • Aug 24, 2025 9:49am Aug 24, 2025 9:49am
@emmanuel7788
Last week, the candlestick marked 244 pips. ATR 52 = 0.0320 means that over the last 52 weeks, the average range was 320 pips. ATR 104 = 0.0290. Over the last 104 weeks, it was 251 pips. ATR 5 = 0.0251. Over the last 5 weeks, it was 251 pips. Does this mean that last week, the range was under average? What benefit does this information provide, assuming I've interpreted it correctly? Can you help me codify this information so I can use it in my trading decisions?
  • #10,895
  • Aug 24, 2025 2:38pm Aug 24, 2025 2:38pm
Quoting Eod
@emmanuel7788 Last week, the candlestick marked 244 pips. ATR 52 = 0.0320 means that over the last 52 weeks, the average range was 320 pips. ATR 104 = 0.0290. Over the last 104 weeks, it was 251 pips. ATR 5 = 0.0251. Over the last 5 weeks, it was 251 pips. Does this mean that last week, the range was under average? What benefit does this information provide, assuming I've interpreted it correctly? Can you help me codify this information so I can use it in my trading decisions?
I'll throw in my 2 cents of opinion.
Attached Image (click to enlarge)
Click to Enlarge Name: GA Weekly 8-24-25.png Size: 48 KB

1. Bull Flag = Yes
2. Potential Continuation Trade Setting Up = Yes
3. RoadMap Center Line: Green = Yes
4. TMMS Oscillator: Blue = Yes
5. 4 Time-Frame HA: Red/Red = Down/No
6. RSO Blue Line > 55 = Yes
7. RSO Orange Line < 50 = No
8. Higher Time Frame: Monthly - Up - Based on ema's

Six say: Up
Two say: No/Not Yet

75% Point to: Yes or Up
25% Point to: No or Not Yet

Although it is very likely that the pair is going up, statistically speaking, I would not enter Long until all 8 agree.

Because...your # 1 job as a trader is the: "preservation of capital" and you want the odds to be the most in your favor as is possible.

This is what is ideal:
Attached Image (click to enlarge)
Click to Enlarge Name: GA Weekly 8-24-25 - 2.png Size: 49 KB
Always a Student, Never a Master - Emulate What Works
  • #10,896
  • Aug 24, 2025 2:53pm Aug 24, 2025 2:53pm
Attached Image (click to enlarge)
Click to Enlarge Name: Monthly.JPG Size: 221 KB


Attached Image (click to enlarge)
Click to Enlarge Name: weekly.JPG Size: 214 KB



I agree with your opinion RH
ps: my RSO use 55 12 3/ 12 3 3/ 34 10 3
  • #10,897
  • Aug 25, 2025 2:48pm Aug 25, 2025 2:48pm
This is: Gold - No really, it's a Gold stock that I trade.
Attached Image (click to enlarge)
Click to Enlarge Name: RSO - 8-25-25.png Size: 86 KB
Always a Student, Never a Master - Emulate What Works
  • #10,898
  • Aug 25, 2025 3:24pm Aug 25, 2025 3:24pm
wonderful setup. wonderful RSO
  • #10,899
  • Aug 25, 2025 3:36pm Aug 25, 2025 3:36pm
Quoting RobinHood
This is: Gold - No really, it's a Gold stock that I trade.{image}
Hey, RobinHood, Did your system change because I see different things from your recent screenshots than your first post?
  • #10,900
  • Aug 25, 2025 4:26pm Aug 25, 2025 4:26pm
Quoting sanity
{quote} Ehi, RobinHood, il tuo sistema è cambiato perché vedo cose diverse dai tuoi screenshot recenti rispetto al tuo primo post?
that's the configuration he uses for stock. he doesn't use mt4 but another platform where he had to adapt some indicators. since post n. 1 the system has evolved. read the pages back.
Rh will tell you more
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