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Trading Made Simple(r)

  • #11,501
  • Edited May 5, 2026 7:28am May 4, 2026 5:46pm | Edited May 5, 2026 7:28am
Quoting pewebly
Hi @RobinHood, First of all, thank you for all your great advice! May I ask for your feedback on this setup: Would you enter this trade? When would you exit, according to post 11490 (and your experience)? Thank you! {image}
You're welcome!

Yes, I 100% would have entered that trade, but I would have entered 2 candles earlier than you show on your chart - BECAUSE...I saw everything was aligned to continue up. * I don't use the arrows on the smTMMS Oscillator.

Yes, the exit was correct but I would have exited one candle sooner than you show you did.
Attached Image (click to enlarge)
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Always a Student, Never a Master - Emulate What Works
  • #11,502
  • May 5, 2026 12:44am May 5, 2026 12:44am
Quoting RobinHood
{quote} You're welcome! Yes, I 100% would have entered that trade, but I would have entered 2 candles earlier than you show on you chart - BECAUSE...I saw everything was aligned to continue up. * I don't use the arrows on the smTMMS Oscillator. Yes, the exit was correct but I would have exited one candle sooner than you show you did. {image}
Congrats to me, lol
I spotted an almost perfect entry, haha
It’s always a pleasure to see confirmation from a PRO — thank you for this!

As always, I have a question:

When you mention where you would enter and exit, do you mean after the marked candles are closed, or while they are still open? You marked 13:55 as the entry - do you enter at the candle open, or do you wait for it to close?

I also noticed a difference between my chart and yours. I tried several times using both MT4 and MT5, but I can’t get mine to look like yours:

  1. Your blue RSOR crosses below the 50 line, while mine only touches the 55 line
  2. Your blue line goes flat at 100 one bar later than mine
  3. May I ask what your EMA settings are?

Thanks again!

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  • #11,503
  • May 5, 2026 7:55am May 5, 2026 7:55am
Quoting pewebly
{quote} Congrats to me, lol I spotted an almost perfect entry, haha It’s always a pleasure to see confirmation from a PRO — thank you for this! As always, I have a question: When you mention where you would enter and exit, do you mean after the marked candles are closed, or while they are still open? You marked 13:55 as the entry - do you enter at the candle open, or do you wait for it to close? I also noticed a difference between my chart and yours. I tried several times using both MT4 and MT5, but I can’t get mine to look like...
I use MT4.

3 EMA, Gold
8 EMA, Aqua/Cyan
3 EMA Smoothed, Magenta

34 EMA, High
34 EMA, Low
34 EMA, color-ma-indicator
Always a Student, Never a Master - Emulate What Works
  • #11,504
  • May 6, 2026 1:47am May 6, 2026 1:47am
XAUUSD M5
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  • #11,505
  • May 6, 2026 2:14am May 6, 2026 2:14am
Hi, have a successful day. I know this might be a very tiring request, but if possible, could you please share the indicators and the template used on this chart? I really like your charts.
  • #11,506
  • May 6, 2026 8:21am May 6, 2026 8:21am
Quoting Rafa745
Hi, have a successful day. I know this might be a very tiring request, but if possible, could you please share the indicators and the template used on this chart? I really like your charts.
If your question was directed at me, my answer is: smTMMS 7.2 oscillator, RSOR, +EMAs mentioned in Robinhood's last post.
Make your own template, please!
  • #11,507
  • May 6, 2026 4:05pm May 6, 2026 4:05pm
In Post #11,491 I posted this image:
Attached Image (click to enlarge)
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In Post #11,471 I wrote:

2. I want the darker blue line (the RSI, 4 based on the 14 ema) to have "flatlined at 100", then it dips down ANY amount below 100 and then goes all the way back to being "flatlined at 100" again. (That's one way I use it to enter).

Here's what happened today on a stock (ETF) that I was day trading:
Attached Image (click to enlarge)
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Always a Student, Never a Master - Emulate What Works
  • #11,508
  • May 7, 2026 12:42am May 7, 2026 12:42am
I have entered long on AUDUSD once 4hr TF was confirmed. The entry was based on 1hr TF.
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What do you think of my entry? SL and TP too tight?
Sorry for asking noob questions, I am fairly new to trading. And yes, I am using a demo account. lol
  • #11,509
  • May 7, 2026 2:23am May 7, 2026 2:23am
Quoting Mr-X
I have entered long on AUDUSD once 4hr TF was confirmed. The entry was based on 1hr TF. {image} {image} What do you think of my entry? SL and TP too tight? Sorry for asking noob questions, I am fairly new to trading. And yes, I am using a demo account. lol
TP hit. Was I just lucky?
  • #11,510
  • May 7, 2026 7:02am May 7, 2026 7:02am
I am again long in AUDUSD.

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I think this could be a continuation to the upside.
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  • #11,511
  • May 7, 2026 9:32am May 7, 2026 9:32am
Gold M5
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  • #11,512
  • Edited 12:11pm May 7, 2026 12:00pm | Edited 12:11pm
Quoting pusztafie
Gold M5 {image}

Hi @pusztafie, and thank you for your contribution!
May I ask about this order?
What is your risk-to-reward ratio (RR), and where do you usually place your stop-loss?
If I were to take this entry, I would have entered earlier but I didnt because the Aqua line was below 70
There was also another RSOR signal at 15:45, but it would have required a wider stop-loss.
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  • #11,513
  • May 7, 2026 12:08pm May 7, 2026 12:08pm
Quoting pewebly
{quote} Hi pusztafie and thank you for your contribution! May I ask you about this order? I was thinking on it as well but I am glad I didnt place it because it would hit my stop. What is your RR and where do you usually place your stop? {image}
SL is 600 points, TP is 1500 points and I set a trailing stop at 250 points
  • #11,514
  • May 7, 2026 12:14pm May 7, 2026 12:14pm
Quoting pusztafie
{quote} SL is 600 points, TP is 1500 points and I set a trailing stop at 250 points
Thank you for this, it helps a lot!
Since I see you as consistently profitable with Gold, is this setup only for this specific order, or do you use it as a general rule for Gold M5?
  • #11,515
  • May 7, 2026 12:18pm May 7, 2026 12:18pm
Quoting pewebly
{quote} Thank you for this, it helps a lot! Since I see you as consistently profitable with Gold, is this setup only for this specific order, or do you use it as a general rule for Gold M5?
As a general rule, I use
  • #11,516
  • May 7, 2026 12:26pm May 7, 2026 12:26pm
Gold M5
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  • #11,517
  • May 8, 2026 12:43pm May 8, 2026 12:43pm
two things observed on RSOR this session:

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triple RSOR entry also works at key level 30 (and 70 for longs)

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RSOR double hidden bullish divergence
  • #11,518
  • May 8, 2026 9:28pm May 8, 2026 9:28pm
Quoting RobinHood
{quote} Hi, and thank you for your post. No trend following system is going to do very well during non-trending/consolidating market phases. CNBC used to do a "1 Million Dollar Portfolio Challenge" trading contest. I spent an inordinate amount of time collecting and studying the writings and charts of one of the past winners (because I like his trading style as it also fitted mine). His #1 rule was to: Only trade in a very strong trend, and only in the direction of the trend I think about what he said before almost every trade that I enter. He also...
Nice post Robinhood. Thanks for sharing.

Cheers...
  • #11,519
  • May 12, 2026 1:17am May 12, 2026 1:17am
Hi everyone, i'm a newbee, please check my trade, is this right? english is not my native language, so forgive me.
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  • #11,520
  • May 12, 2026 9:44am May 12, 2026 9:44am
XAUUSD M5
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