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Monitor for 'Trading Made Simple' system 565 replies

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

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Trading Made Simple system follower - Thanks to eelfranz 9 replies

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Trading Made Simple

  • #40,181
  • Aug 5, 2014 6:53am Aug 5, 2014 6:53am
Trying ECAD for the sake of understanding PA and TDI , BE at the moment

There was previous small ABCD completion zone, TDI green red, MBL, 50 line were all crossing at the same time, I kind of anticipated the golden gross, and went long on M15 bar candle , there was divergence too on M15

Will see how far this one goes, currently reistence holding PA, look left
Attached Image (click to enlarge)
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I Have Learned to Take Some Losses to Make Profits
  • #40,182
  • Aug 5, 2014 10:27am Aug 5, 2014 10:27am
Found an interesting thing here I'm not touching. I think it's a trap for the unwary. Watching gbp/usd on the 4hr chart thinking it's signaling short, waiting for the second candle to confirm, flick to the daily chart only to find it's saying long. Check the lower time charts to see tdi's turning up in them. I don't think the 4hr short is going to be a go. gbp's broken south of the rising support line but maybe it wants to get back up there, that signal on the daily suggests so to me. My thoughts anyway, trust you's don't mind
Attached Image (click to enlarge)
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"You know what needs to be addressed , completely completely reverse that".
  • #40,183
  • Aug 5, 2014 4:48pm Aug 5, 2014 4:48pm
Quoting Kmw
Found an interesting thing here I'm not touching. I think it's a trap for the unwary. Watching gbp/usd on the 4hr chart thinking it's signaling short, waiting for the second candle to confirm, flick to the daily chart only to find it's saying long. Check the lower time charts to see tdi's turning up in them. I don't think the 4hr short is going to be a go. gbp's broken south of the rising support line but maybe it wants to get back up there, that signal on the daily suggests so to me. My thoughts anyway, trust you's don't mind {image}
Which is exactly the reason I have the higher timeframe tdi on my h4 chart.
  • #40,184
  • Aug 5, 2014 4:49pm Aug 5, 2014 4:49pm
Quoting blamshakk
hey thor the reason that trade, although it looked good from just the cross, didnt work is because you were trading against the immediate larger trend. you mentioned Lastingwell, but if you notice Lastingwell only takes trades with the immediate lerger trend. if you look on his charts you will see he also has a D1 mtf TDI indicator added. if you had added that to your chart you would probably see that it was against the D1 mtf TDI, ie the green would have been over the red line. so no short. since i have been trading in accordance with Lastingwells...
Exactly right except Lastingwell is a she not a he
  • #40,185
  • Aug 5, 2014 6:14pm Aug 5, 2014 6:14pm
Im wondering if theres anything wrong with the original method/template eelfranz left us, is it still working? and if so why is nobody using it? and if you are speak out
YOUR MOTHERS ASS
  • #40,186
  • Aug 5, 2014 6:48pm Aug 5, 2014 6:48pm
Quoting santos23
Im wondering if theres anything wrong with the original method/template eelfranz left us, is it still working? and if so why is nobody using it? and if you are speak out
Nope this thread has been hijacked by very good traders but nevertheless it is no longer the original. Now is you want the original look under the "Trading Journal" area and then click on Trading Made Simple the Right Way. Only eelfranz type templates are allowed and discussed.
  • #40,187
  • Aug 5, 2014 10:08pm Aug 5, 2014 10:08pm
I just took this trade. All the rules were met. The overall prevailing trend is down, so a short is ideal, TDI crossed with very good angle, Stochastics are turning down to add confluence. Lets see where this takes me.
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  • #40,188
  • Aug 5, 2014 10:37pm Aug 5, 2014 10:37pm
Help please!!!
Could you please anyone tell me why I cannot see the US economic news calendar on the Forex Factory browser as normal? I've not noticed this until last Friday on NFP.
Attached is my screenshot which did not show the US Trade Balance on 19:30 (Vietnamese time) compared to Myfxbook.com (also attached screenshot) as it should be.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Economic calendar.png Size: 99 KB
Click to Enlarge Name: Economic calendar-MyFX.png Size: 78 KB
Accept as it is being!
  • #40,189
  • Aug 6, 2014 12:00am Aug 6, 2014 12:00am
Quoting Agk007
I just took this trade. All the rules were met. The overall prevailing trend is down, so a short is ideal, TDI crossed with very good angle, Stochastics are turning down to add confluence. Lets see where this takes me. {image}
Good trade, hope it works for you, maybe I can jump later in shorting this pair , good TDI cross, only red line ie TSL needs to be adjusted to ignites the trade

Weekly MBL is turning around too, good luck
I Have Learned to Take Some Losses to Make Profits
  • #40,190
  • Aug 6, 2014 12:57am Aug 6, 2014 12:57am
Quoting tomthepoppop
{quote} Nope this thread has been hijacked by very good traders but nevertheless it is no longer the original. Now is you want the original look under the "Trading Journal" area and then click on Trading Made Simple the Right Way. Only eelfranz type templates are allowed and discussed.
I've posted charts where I have the higher timeframe tdi on the chart and support/resistance on the chart. Eelfranz may not have had support/resistance on his chart but he looked at them anyway. He looked at the h1 chart quickly before he took a trade, I look at D1 instead before I take a trade, I just have the multi timeframe tdi on there because then its in my face and I don't have to remember to look at it.

The original called for making trades at only certain times of day, and cutting losses quickly, neither of those things are in the thread you mention.

If you prefer I can post a plain template and tell you I only look at the cross on h4 but that would be dishonest and newer traders would find it difficult to do the same.
  • #40,191
  • Aug 6, 2014 3:29am Aug 6, 2014 3:29am
Quoting lastingwell
{quote} I've posted charts where I have the higher timeframe tdi on the chart and support/resistance on the chart.
lastingwell, which indi you are using - commend for support/resistance?
Regards
  • #40,192
  • Aug 6, 2014 4:42am Aug 6, 2014 4:42am
Quoting fulltilt
{quote} lastingwell, which indi you are using - commend for support/resistance?
I was using the supply/demand indicator attached which is pretty good (I had it set to the higher timeframe), but now I'm drawing mine myself from the higher timeframes.
Attached File(s)
File Type: ex4 FREE_ATM_Support_Resistance_I.ex4   28 KB | 520 downloads
  • #40,193
  • Aug 6, 2014 5:35am Aug 6, 2014 5:35am
Quoting lastingwell
{quote} I was using the supply/demand indicator attached which is pretty good (I had it set to the higher timeframe), but now I'm drawing mine myself from the higher timeframes. {file}
great, I've been looking for this ;-)
thank You
Regards
  • #40,194
  • Aug 6, 2014 5:56am Aug 6, 2014 5:56am
hi lastingwell can you post a few more of your charts with trades you took thank you
  • #40,195
  • Aug 6, 2014 6:01am Aug 6, 2014 6:01am
Quoting lastingwell
{quote} Which is exactly the reason I have the higher timeframe tdi on my h4 chart.
Thanks Lastingwell. If you dont mind I'm going to take a look at that indicator
"You know what needs to be addressed , completely completely reverse that".
  • #40,196
  • Aug 6, 2014 6:32am Aug 6, 2014 6:32am
I went ahead and closed this trade due to price nearing a historical significant support area. I also cannot monitor the trade while i am at work so i exited with +47 Pips.
Attached Image (click to enlarge)
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  • #40,197
  • Aug 6, 2014 7:01am Aug 6, 2014 7:01am
also can you post your indi and templates thank you and instructions on using them thanks
  • #40,198
  • Aug 6, 2014 7:28am Aug 6, 2014 7:28am
Quoting lastingwell
{quote} I've posted charts where I have the higher timeframe tdi on the chart and support/resistance on the chart. Eelfranz may not have had support/resistance on his chart but he looked at them anyway. He looked at the h1 chart quickly before he took a trade, I look at D1 instead before I take a trade, I just have the multi timeframe tdi on there because then its in my face and I don't have to remember to look at it. The original called for making trades at only certain times of day, and cutting losses quickly, neither of those things are in the...
No Problem - you and anyone else can post any charts you want - not saying you are wrong as this happen to most threads on FF -
just pointing out what has happened and referred person to a thread that tries to keep the original thread going in the way intended by the thread starter the great eelfranz.
  • #40,199
  • Aug 6, 2014 8:39am Aug 6, 2014 8:39am
Quoting tomthepoppop
{quote} No Problem - you and anyone else can post any charts you want - not saying you are wrong as this happen to most threads on FF - just pointing out what has happened and referred person to a thread that tries to keep the original thread going in the way intended by the thread starter the great eelfranz.
I would hate to think of myself as a hijacker so will leave the thread as I don't find it easy trading exactly the way Eelfranz did, as a lot of people don't. I've seen lots of traders saying how profitable it is just looking at the H4 chart and the cross, but I've only seen Bizzle actually do that of recent times, I haven't seen even a chart of yours to help newer traders tomthepopop although you've said its really profitable, Eelfranz always wanted to help newer traders.

Even the thread starter of Trading Made Simple the right way, and other trading lessons doesn't trade exactly as Eelfranz did, he doesn't just trade at certain times of day, he doesn't cut his losses quickly, but he shows an eelfranz template. I won't do that because its not an honest reflection of how I trade, perhaps someone will step into Bizzle's shoes and show the way its done, perhaps you will show people how you trade it as by your posts you seem to be doing well with it.
  • #40,200
  • Aug 6, 2014 8:56am Aug 6, 2014 8:56am
Quoting lastingwell
{quote} I would hate to think of myself as a hijacker so will leave the thread as I don't find it easy trading exactly the way Eelfranz did, as a lot of people don't. I've seen lots of traders saying how profitable it is just looking at the H4 chart and the cross, but I've only seen Bizzle actually do that of recent times, I haven't seen even a chart of yours to help newer traders tomthepopop although you've said its really profitable, Eelfranz always wanted to help newer traders. Even the thread starter of Trading Made Simple the right way, and...
Big E only had a few HARD rules. People here break them regularly. He did not say that money management was one of his HARD rules, he just said that was just his style.

Big E was very very clear on his signals. And he was fighting people on that up till his last posts. All that is asked is to be strict on the signals. How hard is that?
If you are good at something, never do it for free--Joker
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