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Trading Made Simple

  • #25,921
  • Oct 7, 2013 7:00pm Oct 7, 2013 7:00pm
I recall in the X-man S3 thread, we were told to develop and open up our 'third eye' and use that for trading.
The man who said that and showed us how to is EMMANUEL7788.
Every week here in this TMS thread he would post one a chart and a potential trade. If you had not caught those and followed those trade setups, you still have not open up your third eye. I have to admit, he is can be cryptic in the way he writes, but I now learn that it is his way to make us open up our minds and to think, and that will open up our third eye.
As he once wrote in one of his post, we all have hidden talent waiting to be discovered.
Guys and Gals, work on that third eye because we all have it.
  • #25,922
  • Oct 7, 2013 7:18pm Oct 7, 2013 7:18pm
Quoting WDays
{quote} Ha! I started trading with GMMAs the first system I ever used was one based on those averages, back in the day when I had no idea what I was doing... I read so much about them because it seemed like the first thing to give me an "edge" in forex.

What did you have to pay for that vouch young man .

4hr pin forming on EJ around new channel, interesting...
  • #25,923
  • Oct 7, 2013 7:37pm Oct 7, 2013 7:37pm
EU H4 8 Oct trade breakout potential

Attached Image


Master Candle
Swing High-Swing Low
Inside Bars

Catch that, use LTF entry for small initial SL.
  • #25,924
  • Oct 7, 2013 7:58pm Oct 7, 2013 7:58pm
Quoting itsallover
{quote} ... very nicely executed munirpt
Lovely to see you back, Kelly.
By the way where is you cat picture in your profile? I loved that picture....
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #25,925
  • Oct 7, 2013 8:05pm Oct 7, 2013 8:05pm
Quoting emmanuel7788
Time to say goodbye. https://www.youtube.com/watch?v=K0agOTuM2mg It has been quite a long journey for me here in Forex Factory and it has been great experience and learning with many of you here. I am very grateful for the opportunity to be able to share some of my knowledge here and also gain from your sharing in this thread. I am glad to see some of you have achieve progress and yet some other will continue to work even harder and diligently. The work continues for me and also for many of you. But this difficult decision has to be made...
Thank you very much, Emmanuel, for all your contributions and good advice. All the best to everything ahead of you.
  • #25,926
  • Edited 9:58pm Oct 7, 2013 8:22pm | Edited 9:58pm
Quoting snarlyjack
Hello, Edit The last red ema is a 60 ema close. So ema blue, 5,8,10,12,15 and ema red 30,35,40,45,50,55,60. I also added Emmanuals Master Candle Indicator. I trade this system on all time frames but for me it's mostly on the 15 minute & 1 hour time frames. The reason I trade the 15 minute tf is cause I live on the west coast of the U.S.A. and the L/O is 1:00 a.m. my time and I can only stay awake for a couple of hours. Also the N/Y open I like to get in the market, make my money and get out. This is a trend system. Both TMS and the Guppy system...
Thank you Snarlyjack for this tip. Regrading GMMA, i used to use a variation called 'rainbow'. Misspips in THV thread made a good use of it. (You can seach keyword 'rainbow' in her postings). You may find some addtional information. Also mq4 is located in http://www.forexfactory.com/showthre...40325&page=189.

Using 50 BB has somewhat similarity of the following thread. Let me try with TDI this time.
http://forex-strategies-revealed.com...bands-scalping
Thank you again for your tips!
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #25,927
  • Oct 7, 2013 9:48pm Oct 7, 2013 9:48pm
EJ week 41 (7 to 12 Oct)

We are looking at D chart, and we see the TDI had gone out of the lower Volatility Band. The current move down is still intact and we need to see consolidation before the next big move.

We now start stalking this pair on D chart timeframe to look for a bullish move back to the Primary Trend

Study the Price trend and the TDI trend. Look for previous support and resistance zones. See where these were in history and their corresponding levels on the TDI.
Do not limit yourself to just the 32 and 68 levels. There are the 20-60 and 40-80 levels to consider too.

Remember, think out of the box. Use your third eye when we trade. Third eye will limit the influence of emotions in trading.
  • #25,928
  • Oct 8, 2013 12:23am Oct 8, 2013 12:23am
Quoting vtayha
EJ week 41 (7 to 12 Oct) We are looking at D chart, and we see the TDI had gone out of the lower Volatility Band. The current move down is still intact and we need to see consolidation before the next big move. We now start stalking this pair on D chart timeframe to look for a bullish move back to the Primary Trend Study the Price trend and the TDI trend. Look for previous support and resistance zones. See where these were in history and their corresponding levels on the TDI. Do not limit yourself to just the 32 and 68 levels. There are the 20-60...
People who trade H4 needn't have worried about Emanuelle going away....he's come back in a different form
  • #25,929
  • Oct 8, 2013 12:38am Oct 8, 2013 12:38am
Quoting munirpt
{quote} I do find them manually. Still learning, so have to do the work and train the eye... :-)
which is mandatory because quite often the robots come out with correct pattern but missing the fact that you need an impulsive wave ahead of any retrace. Nevertheless I had a free trial at "Dustin Pass' ElementalTrader Pattern Recognition" and found it quite useful to get tons of patterns covering every Time Frame I wanted to -
Never give up!!
  • #25,930
  • Oct 8, 2013 12:56am Oct 8, 2013 12:56am
Quoting lastingwell
{quote} People who trade H4 needn't have worried about Emanuelle going away....he's come back in a different form

There are 8 members here in FF who are in Emmanuel7788 team of active fulltime traders.
We are all price action traders using the same core principles of trading he taught and in mentoring us.
Look out for our posts here and also in other threads.
  • #25,931
  • Oct 8, 2013 1:03am Oct 8, 2013 1:03am
Quoting vtayha
{quote} There are 8 members here in FF who are in Emmanuel7788 team of active fulltime traders. We are all price action traders using the same core principles of trading he taught and in mentoring us. Look out for our posts here and also in other threads.
I trade more short term than Emmanuel teaches and don't trade the same way, but I expect there will be lots of members that will be glad to hear that.
  • #25,932
  • Oct 8, 2013 1:12am Oct 8, 2013 1:12am
Hi Everybody,

I'm glad to read that there are members who are close to Emmanuel that will share their knowledge here. But i'm also a little sad to see that with Emmanual away for only two days we already see posts with all kinds of indicators and trading methods wich are not core TMS. This confuses the newbies very much. Offcourse we can learn from other systems to but we must be aware off keeping the thread "clean"

Good trading day for everybody
  • #25,933
  • Oct 8, 2013 1:14am Oct 8, 2013 1:14am
Quoting lastingwell
{quote} I trade more short term than Emmanuel teaches and don't trade the same way, but I expect there will be lots of members that will be glad to hear that.
Good.
There are few who trade M15 timeframe using the 10/50/200EMA but we won't post here.
We were in the loveevery1 (aka LE1) M15 thread until that thread got destroyed by people posting fake trades with marked up charts.
That is all history now and we all moved on learning from that bad experience. many lessons learned.
  • #25,934
  • Oct 8, 2013 1:18am Oct 8, 2013 1:18am
Quoting vtayha
{quote} Good. There are few who trade M15 timeframe using the 10/50/200EMA but we won't post here. We were in the loveevery1 (aka LE1) M15 thread until that thread got destroyed by people posting fake trades with marked up charts. That is all history now and we all moved on learning from that bad experience. many lessons learned.
I trade both H1 and M15 looking more towards phx's way of trading, very simple, not easy but simple.
  • #25,935
  • Oct 8, 2013 1:37am Oct 8, 2013 1:37am
Quoting lastingwell
{quote} I trade both H1 and M15 looking more towards phx's way of trading, very simple, not easy but simple.
Phx62 posted H1 trades charts look fantastic in hindsight. But until you find the 'secret' behind those trade charts nobody will make it to trade H1 in that same way.
Sorry that I sound negative but that's the reality which many do not see.
We trade M15 with 20pips SL and multi-level TPs with 20pips grid. The RR can be explosive and we don't use leverage of 1:200 or 1:2000 like what I read in a post here and not with $1000 account and definitely not to grow 300% in one month.
Bluntly put, we are not gamblers with our hard earned money.
  • #25,936
  • Oct 8, 2013 1:53am Oct 8, 2013 1:53am
Quoting heispark
{quote} Lovely to see you back, Kelly. By the way where is you cat picture in your profile? I loved that picture....
Hi heispark,
Nice to see you too
I'm out shopping for a cat as we speak
.... laughing all the way to the bank
  • #25,937
  • Oct 8, 2013 3:24am Oct 8, 2013 3:24am
Now that Emmanuel is gone it seems everybody comes storming to the castle with new ideas. Although is coming from a good intention it's unnecessary

What did they all teach us ? The basic method, with almost no indicators or extra fancy stuff.
To be profitable with this system you only need 4 things

1. HA candles
2. TDI
3 Price Action
4. Market structure analysis

That's all. Nothing less, nothing more. If you become good at that, that is all you will need
Adding other indicators and lines will only make it harder and confusing. Remember Eelfranz words!
Eelfranz, PHX62, Emmanuel, Dcginc .. what do they have in common ? No overflow of indicators and ema's and what not, just the basic (in which they have a total understanding)

My aim is not to discourage you, absolutely not! My aim is to adjust your aim

Have a good day !
Don’t ever let someone tell you that you can’t do something.
  • #25,938
  • Oct 8, 2013 3:33am Oct 8, 2013 3:33am
Quoting Armacom
Now that Emmanuel is gone it seems everybody comes storming to the castle with new ideas. Although is coming from a good intention it's unnecessary What did they all teach us ? The basic method, with almost no indicators or extra fancy stuff. To be profitable with this system you only need 4 things 1. HA candles 2. TDI 3 Price Action 4. Market structure analysis That's all. Nothing less, nothing more. If you become good at that, that is all you will need Adding other indicators and lines will only make it harder and...

you are right. everybody thinking that if they will add 3 more indicators on their charts the strategy will work better. trading should be easy with few rules , it is probability game and most of people here still didnt understand it. everybody looking for guru. good luck. i did the same for 3 years, no more
  • #25,939
  • Oct 8, 2013 3:37am Oct 8, 2013 3:37am
Quoting Armacom
Now that Emmanuel is gone it seems everybody comes storming to the castle with new ideas. Although is coming from a good intention it's unnecessary What did they all teach us ? The basic method, with almost no indicators or extra fancy stuff. To be profitable with this system you only need 4 things 1. HA candles 2. TDI 3 Price Action 4. Market structure analysis That's all. Nothing less, nothing more. If you become good at that, that is all you will need Adding other indicators and lines will only make it harder and...
Totally argee!! Keep it simple and the way Eelfranz intended....
Give yourself a chance and trade it like it's layed out...
  • #25,940
  • Edited 4:18am Oct 8, 2013 3:41am | Edited 4:18am
Price broke last candles' lows, TDI bounced and quite frankly I wanted to keep Arete company I entered as price pulled a little back (a few pips), to try to get a better price

Exited at DS1, because I don't like holding trades too long... I manage my exit on M15.

edit: added M15 chart.. don't you just love it when this happens
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GUM15.png Size: 13 KB
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