Trading Made Simple | Page 1622 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Monitor for 'Trading Made Simple' system 565 replies

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

Indicators for the 'Trading Made Simple' system 343 replies

MTF Indicators for the 'Trading Made Simple' system 241 replies

Trading Made Simple system follower - Thanks to eelfranz 9 replies

Attachments: Trading Made Simple
Exit Attachments

Trading Made Simple

  • #32,421
  • Mar 15, 2014 4:40am Mar 15, 2014 4:40am
Quoting stevepatt
{quote} Can anybody smell anything?
Roses

Read some of as33156 posts - GEMS
  • #32,422
  • Mar 15, 2014 5:03am Mar 15, 2014 5:03am
Quoting stevepatt
{quote} Can anybody smell anything?
Lmfao! It's so true, reminds me of someone I used to know lol.

xmen is that you!!! Sneaking back lol!
  • #32,423
  • Mar 15, 2014 5:48am Mar 15, 2014 5:48am
Quoting hostwey
{quote} Doesn't matter, I'm strictly a mini lot person.
Most people on FF are full of something, but some are far more subtle. The point is, as as33156 has posted most of his trades BEFORE he has taken them, he hasn't asked everyone to believe something in hindsight, so does it really matter what else he comes out with?
  • #32,424
  • Mar 15, 2014 6:00am Mar 15, 2014 6:00am
Quoting lastingwell
{quote}so does it really matter what else he comes out with?
Not really, and I like his posts, and I only commented as I recall a trade where he was in for $30 a pip! Concentrates the mind!

As you say he has posted his trades beforehand, and also he has posted about his less successful trades. As you say, everything else is an irrelevance.
  • #32,425
  • Mar 15, 2014 8:37am Mar 15, 2014 8:37am
2nd post in this thread. Here's some set ups I've been toying with going into the week. Comments are appreciated, as I am still pretty green on this. Thanks!

GBPUSD Daily/4hrly
Daily long bias, long for a range trade on the 4hr
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot4.png Size: 29 KB

Attachment

AUDUSD Daily/4hrly
Inverse H&S pattern on the daily, possible long entries on the break. 4Hrly seems to be winding up (symetrical triangle). Look for a break either way.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot5.png Size: 31 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot6.png Size: 27 KB



EURJPY 4hrly
Long entry on trenline supp?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot7.png Size: 36 KB


GBPJPY Daily/4hrly
Long trend on the daily, 4hrly possible long set up for a channel trade
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot8.png Size: 27 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot9.png Size: 35 KB
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 22 KB
  • #32,426
  • Mar 15, 2014 11:34am Mar 15, 2014 11:34am
[quote=emmanuel7788;7342190]Folks, I just caught up with reading this week's post and reading quite a fair bit of talk about different broker server time and different H4 candles, etc..... We have been though these in the past. I know this thread is getting too big for some to read all the posts. But let me say this: It does not matter if you use the same charts with the same broker server time as eelfranz' . He used FXDD which is now GMT+3 sever time. You can follow exactly his trading hours checking his charts at every 4 hours his local time. The end results will be you achieve the same trading results as he did in the way he traded. You need to know the type of trader he was and why he traded in the way he did. It is not about TMS signals because we are not trading signals on our charts. Many still don't get this or it is just the word 'trade signals' that bugs me. There is a wide range knowledge you need have to become a successful trader. That took eelfranze more than 2 years to develop this TMS method. He studied other systems and methods, and he traded for many years before he developed TMS. He developed TMS which gave him 70% to 80% win rate. Trading Made Simple is a technical method and not a system. It evolved from another method. That is why it is aptly named is trading made simple because it is relatively simple compared to the other methods. You need to ask yourself what are you missing. Why are you not getting positive trading results. How far are you in achieving and maintaining a win rate of 70%. If you have not and is not maintaining this high win rate after 100, 200 and 300 trades, please forget about those 'wheel barrow' talks. Trading to achieve financial freedom is a long term business. I have seen many people come here and post some very proftable trades for a few months and then they dissappeared. Some went on to other FF threads and start all over trying all other kind of stuff. I get many PMs people sharing with me their situations, experience, problems, etc. and I see in general all the same reasons why people don't succeed in trading. Investment and trading textbooks, will tell you all the same reasons why people fail and trading coaches, gurus, market experts, will tell you the same reasons why 95% ( or is it 93%) of traders will lose money. There is a lot of work you need to do before you want to start trading with your hard-earned money thinking that you can make money to supplement your fulltime job income. It will take time, 3 years and maybe even more. That depends on how much time you have to spend each day and what you spend those time on. Does 10,000 hours scare you? Of course that number of hours will scare anyone who does not know what he/she need to do in those 10,000 hours. You need to have a structured content to follow to learn and develop yourself to become a successful trader. Spend time and think this over.[/q

Thank's Emmanuel,I like the idea of 10k hours work in front of cpu,but ,somewere in the future,I will be ok,thank's again for the encouragement to all us traders
happy trading...
  • #32,427
  • Mar 15, 2014 11:48am Mar 15, 2014 11:48am
While reading this DiNapoli book I found some words I kept hearing over and over again.

Attached Image (click to enlarge)
Click to Enlarge Name: 2014-03-15_2345.png Size: 20 KB
Everything you can imagine, is real - Pablo Picasso
  • #32,428
  • Mar 15, 2014 1:37pm Mar 15, 2014 1:37pm
Quoting Phx62
EUR/AUD trades this week. The first 3 trade entries and targets were based on TMS and the first channel. The last 5 trade entries and targets were based on TMS and the newer channel. Since price broke out of the latest channel, there could be a new channel forming for next week. Have a good weekend.{image}
HI Phx62
I have been reading the pdf's of your trades, they a great help, thank you. I love the look of your charts and the indicators you use, is it possible to post or pm me your template and a list your indicators.
Thanks again for all your help
  • #32,429
  • Mar 15, 2014 9:34pm Mar 15, 2014 9:34pm
Quoting as33156
{quote} Hi emmanuel7788, I didn't mean to rub members the wrong way with my "wheelbarrow talks". As person who is fortunate enough to be financially well off I don't have to worry about where the rent money will come from or how the bills are going to get paid if my trades went south. You are correct in that being a professional full time trader takes a lot of hard work and dedication and not everyone will make it even with a great method such as the one we all use here. While I have been a successful full time trader on my own for the past 7 years...
Hi AS,

I do not know about others but I want you to posts your chart here in TMS as Gilr said you trading way is same as of Big E so many people here might have following you although some people may silently, you are new to TMS but still you have managed to collect many pips with this method its really great, I believe you will change your decision to stay sideline.
  • #32,430
  • Mar 15, 2014 10:32pm Mar 15, 2014 10:32pm
Quoting pundit78
{quote} Hi AS, I do not know about others but I want you to posts your chart here in TMS as Gilr said you trading way is same as of Big E so many people here might have following you although some people may silently, you are new to TMS but still you have managed to collect many pips with this method its really great, I believe you will change your decision to stay sideline.
"ditto"
  • #32,431
  • Mar 16, 2014 1:53am Mar 16, 2014 1:53am
Quoting as33156
{quote} Hi emmanuel7788, I didn't mean to rub members the wrong way with my "wheelbarrow talks". As person who is fortunate enough to be financially well off I don't have to worry about where the rent money will come from or how the bills are going to get paid if my trades went south. You are correct in that being a professional full time trader takes a lot of hard work and dedication and not everyone will make it even with a great method such as the one we all use here. While I have been a successful full time trader on my own for the past 7 years...
Please do not leave us! I almost lost all hope of being consistent in trading, but you changed everything!
In 2010 I had some health problems and was diagnosed with multiple sclerosis. This taught me that in life you have only two options: to fight or surrender. When you quit already started to die.
I liked what he said Stephen Hawking, who suffers from a more serious illness, when doctors told him that he has only three years to live (he was about 20 then) : I can not die because I have so many things to do! Not resigned but struggled and now has over 60 years!
Eminescu, a Romanian poet, wrote a poem very beautiful and profound: Evening Star (Lucifer).
The last verse of it:
"You live in your sphere's narrowness
And luck rules over you -
But in my steady world I feel
Eternal, cold and true!" http://www.fa-kuan.muc.de/LUCEAFA.HTML
Please continue to fight, do not leave us!
  • #32,432
  • Mar 16, 2014 6:01am Mar 16, 2014 6:01am
Quoting Next4467
{quote} HI Phx62 I have been reading the pdf's of your trades, they a great help, thank you. I love the look of your charts and the indicators you use, is it possible to post or pm me your template and a list your indicators. Thanks again for all your help
Next4467:

First, you should search all Phx62 posts with attachments using FF search (see below)
With those indicators he posted before, you can create your own chart and save the template.

Attached Image (click to enlarge)
Click to Enlarge Name: Phx62 attachments.png Size: 87 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #32,433
  • Mar 16, 2014 6:21am Mar 16, 2014 6:21am
Quoting bdnfx86
2nd post in this thread. Here's some set ups I've been toying with going into the week. Comments are appreciated, as I am still pretty green on this. Thanks! GBPUSD Daily/4hrly Daily long bias, long for a range trade on the 4hr {image} 1386900 AUDUSD Daily/4hrly Inverse H&S pattern on the daily, possible long entries on the break. 4Hrly seems to be winding up (symetrical triangle). Look for a break either way. {image} {image} EURJPY 4hrly Long entry on trenline supp? {image} GBPJPY Daily/4hrly Long trend on the daily, 4hrly possible long set up...
bdnfx86:

Good post and clean charts. I LIKE.

GU - W1 bearish bias, H4 IB breakout potential, sell the rally. Weekly range 235pips.
AU - W1 is wide ranging but to the upside. 6 Mar D1 pin bar, may attract sellers. Choppy week ahead. Intraday range 70pips.
EJ - W1 IB so I see a breakout potential. Weekly range 310pips. H1 TDI cross up.
GJ - W1 and D1 both bearish bias. And a H4 IB breakout potential. Weekly rnage 340pips. H4 TDI cross up.

Have a Goof Trading week ahead.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #32,434
  • Mar 16, 2014 6:27am Mar 16, 2014 6:27am
Wheelbarrow joke:

There was a man who had worked at a factory for twenty years. Every night when he left the plant, he would push a wheelbarrow full of straw to the guard at the gate.

The guard would look through the straw, and find nothing and pass the man through.

On the day of his retirement the man came to the guard as usual but without the wheelbarrow.

Having become friends over the years, the guard asked him, "Charlie, I've seen you walk out of here every night for twenty years. I know you've been stealing something. Now that you're retired, tell me what it is. It's driving me crazy."

Charlie simply smiled and replied, "Okay, wheelbarrows!"
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #32,435
  • Mar 16, 2014 7:06am Mar 16, 2014 7:06am
Quoting emmanuel7788
Wheelbarrow joke: There was a man who had worked at a factory for twenty years. Every night when he left the plant, he would push a wheelbarrow full of straw to the guard at the gate. The guard would look through the straw, and find nothing and pass the man through. On the day of his retirement the man came to the guard as usual but without the wheelbarrow. Having become friends over the years, the guard asked him, "Charlie, I've seen you walk out of here every night for twenty years. I know you've been stealing something. Now that you're retired,...
mmmmm .... Not with all your help/s .... We are stealing Pips right under a broker's nose ...........
  • #32,436
  • Mar 16, 2014 7:32am Mar 16, 2014 7:32am
Quoting emmanuel7788
{quote} bdnfx86: Good post and clean charts. I LIKE. GU - W1 bearish bias, H4 IB breakout potential, sell the rally. Weekly range 235pips. AU - W1 is wide ranging but to the upside. 6 Mar D1 pin bar, may attract sellers. Choppy week ahead. Intraday range 70pips. EJ - W1 IB so I see a breakout potential. Weekly range 310pips. H1 TDI cross up. GJ - W1 and D1 both bearish bias. And a H4 IB breakout potential. Weekly rnage 340pips. H4 TDI cross up. Have a Goof Trading week ahead.
You as well. Of the lot, I think I will be taking the EURJPY.

Cheers
  • #32,437
  • Mar 16, 2014 9:14am Mar 16, 2014 9:14am
As I am new on this topic. Where should I start I couldn't decide. Is anybody can guide me? First 20 pages or something is enough to understand some basics for this methd? Or are there any update posts or guides?

Thanks for the shares and helps.
  • #32,438
  • Mar 16, 2014 11:19am Mar 16, 2014 11:19am
Can someone pls tell me which HAS (heiken ashi) indicator is used in the chart and what are the input values?
  • #32,439
  • Mar 16, 2014 11:57am Mar 16, 2014 11:57am
Quoting MoneyTalks58
As I am new on this topic. Where should I start I couldn't decide. Is anybody can guide me? First 20 pages or something is enough to understand some basics for this methd? Or are there any update posts or guides? Thanks for the shares and helps.
you can start with Big E post.....couple of post back you will find how emmanuel7788 guides to find all the important pdf....
Attached File(s)
File Type: pdf TradinMadeSimple.pdf   1.4 MB | 810 downloads
Sad i'm not trying to understand PA
  • #32,440
  • Mar 16, 2014 3:09pm Mar 16, 2014 3:09pm
Quoting omonisha
{quote} you can start with Big E post.....couple of post back you will find how emmanuel7788 guides to find all the important pdf.... {image}
Thanks for your help. The system looks simple to understand. I hope I can find mostly profitable trade opportunities. Good luck all. Thanks again for all contributors.
40 traders viewing now