Trading Made Simple | Page 2676 | 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

  • #53,501
  • Feb 17, 2015 6:11am Feb 17, 2015 6:11am
Quoting cigarguy
{quote} stolie 32, Trading is a journey and each trader must find what works for them. Just mix it up a bit and take a look at different t/f's and you will find your way. It was once said (paraphrasing) ; the definition of stupidity is to do the same thing the same way every time and expect different results! or said something like that and I have been there...
TRUE!
  • #53,502
  • Feb 17, 2015 7:42am Feb 17, 2015 7:42am
Good morning everyone,

I just checked the trade & it looks like
it got stopped out for a small loss. The 200 ema held.
No big deal...I keep on trucking into the next trade.
70% of the time it works, 30% of the time it doesn't.
See enclosed picture.
sj
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDH4.png Size: 66 KB
  • #53,503
  • Feb 17, 2015 7:51am Feb 17, 2015 7:51am
It is now N/Y session.
(6:45 a.m. my time, 8:45 a.m. N/Y time)

Ok...That is how you do long term trades.
Now I want to scalp & trade the markets, for a few hours.
So I'll drop down to the 30 minute time frame.
Same system same everything...just a different time frame.

Once you learn the system it is very adaptable to any time frame.
(check out the 30 minute chart...it is the same everything).
sj
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDM30.png Size: 67 KB
  • #53,504
  • Feb 17, 2015 8:01am Feb 17, 2015 8:01am
Hi all

Just wanted to share with you a GU live prelim long just taken off the 5 min chart attached. The 1 hr chart appeared to be indicating an up move likely with the green bouncing around the red TDI but i didn't have enough entry signals directly from that particular t/f, although my stops and t/p are based on it.

Anyway, as usual we will just have to wait and see what happens, and whether I will be in a position at some point later to add on any further orders once/if the hourly chart in this case show a definite TDI cross.

Cheers

LL

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 15 KB
  • #53,505
  • Feb 17, 2015 8:09am Feb 17, 2015 8:09am
Quoting Landline
Hi all Just wanted to share with you a GU live prelim long just taken off the 5 min chart attached. The 1 hr chart appeared to be indicating an up move likely with the green bouncing around the red TDI but i didn't have enough entry signals directly from that particular t/f, although my stops and t/p are based on it. Anyway, as usual we will just have to wait and see what happens, and whether I will be in a position at some point later to add on any further orders once/if the hourly chart in this case show a definite TDI cross. Cheers LL {image}...
Landline,

Does that method/system work?
Are you getting pretty good results from it?
I'm just curious...
sj
  • #53,506
  • Feb 17, 2015 8:28am Feb 17, 2015 8:28am
Quoting snarlyjack
{quote} Landline, Does that method/system work? Are you getting pretty good results from it? I'm just curious... sj
Hi SJ

Yes it works very well actually, I used the christmas period to work out what I really wanted/needed from my charts. The basis came from your inspiration tbh when you originally welcomed me, along with the system you use.

I changed a few things obviously to try to simplify the whole process even further to suit my style, and this is what I ended up with.

I think people know it as "making a sytem ur own" lol.

I posted a reply to nods80 ref 53311, this briefly outlines the basics.

Cheers

LL
  • #53,507
  • Feb 17, 2015 8:34am Feb 17, 2015 8:34am
Quoting Landline
{quote} Hi SJ Yes it works very well actually, I used the christmas period to work out what I really wanted/needed from my charts. The basis came from your inspiration tbh when you originally welcomed me, along with the system you use. I changed a few things obviously to try to simplify the whole process even further to suit my style, and this is what I ended up with. I think people know it as "making a sytem ur own" lol. I posted a reply to nods80 ref 53311, this briefly outlines the basics. Cheers LL
Can you share your indicators/templates ?

Thanks in advance.
There is no place for wimps
  • #53,508
  • Feb 17, 2015 8:34am Feb 17, 2015 8:34am
Take a look at the gbp/usd 30 minute tf.
See how everything is making double & triple
bottoms on the 200 ema.

The 200 ema is very accurate & a lot of traders watch it.
sj
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 72 KB
  • #53,509
  • Feb 17, 2015 8:38am Feb 17, 2015 8:38am
Quoting Landline
{quote} Hi SJ Yes it works very well actually, I used the christmas period to work out what I really wanted/needed from my charts. The basis came from your inspiration tbh when you originally welcomed me, along with the system you use. I changed a few things obviously to try to simplify the whole process even further to suit my style, and this is what I ended up with. I think people know it as "making a sytem ur own" lol. I posted a reply to nods80 ref 53311, this briefly outlines the basics. Cheers LL
Landline,

Their was another system (a long time ago) called
Woody's CCI. Where he would take price out completely
& just trade with the cci indicator. He thought the cci
was that accurate...I like to see price myself.
sj
  • #53,510
  • Feb 17, 2015 8:47am Feb 17, 2015 8:47am
Quoting snarlyjack
{quote} Landline, Their was another system (a long time ago) called Woody's CCI. Where he would take price out completely & just trade with the cci indicator. He thought the cci was that accurate...I like to see price myself. sj
SJ

Well price is always "in the picture" via the grid properties price line of course, but I understand your point. The candles for me though just seem superfluous to requirement and distract me from the parts that I'm interested in when looking at a chart, but each to their own.

LL
  • #53,511
  • Feb 17, 2015 8:54am Feb 17, 2015 8:54am
Hi LL,
Quoting Landline
Hi all Just wanted to share with you a GU live prelim long just taken off the 5 min chart attached. The 1 hr chart appeared to be indicating an up move ...
We are in the same trade, but I have taken the opposite side.
Here is my GBPUSD sell @ 1.53496
SL: 1.53903
TP: 1.52000

Here is my chart (as close as you can get without using MT and TDI):

Attached Image (click to enlarge)
Click to Enlarge Name: 2015-02-17_GBPUSD_Sell.png Size: 73 KB


Good luck to both of us! (just hope your TP will be smaller than my stop...
  • #53,512
  • Feb 17, 2015 9:00am Feb 17, 2015 9:00am
Quoting emmanuel7788
{quote} Classy, that is a very annoying problem when your disk space get filled up quickly with those txt log files. there is an discussion forum on this MT4 log file issue and I'll try look for it later. meantime, you can safely delete the old txt log files on daily basis. regards,
i am still facing same problem . big emm and all fff any idea /tips how can i escape from it.i think it coming from one trade manger ea.quick trail do you have any good trade manager i saw many ea with lot of feature or less feature i like
1.stop-loss
2.break even and lock pips
3.trail and jump/step (protect profit)
4.for all position
Attached Image (click to enlarge)
Click to Enlarge Name: abnormal log.png Size: 19 KB
Say something meaningful or Silence!!
  • #53,513
  • Feb 17, 2015 9:02am Feb 17, 2015 9:02am
Quoting michael_k
Hi LL, {quote} We are in the same trade, but I have taken the opposite side. Here is my GBPUSD sell @ 1.53496 SL: 1.53903 TP: 1.52000 Here is my chart (as close as you can get without using MT and TDI): {image} Good luck to both of us! (just hope your TP will be smaller than my stop...
Hi MK

Yes its quite possible that we both win in the end
  • #53,514
  • Feb 17, 2015 9:04am Feb 17, 2015 9:04am
Quoting michael_k
Hi LL, {quote} We are in the same trade, but I have taken the opposite side. Here is my GBPUSD sell @ 1.53496 SL: 1.53903 TP: 1.52000 Here is my chart (as close as you can get without using MT and TDI): {image} Good luck to both of us! (just hope your TP will be smaller than my stop...
According to TDI at M15, M30 and H1 all are pointing to sell.
Totally agree.
There is no place for wimps
  • #53,515
  • Feb 17, 2015 9:40am Feb 17, 2015 9:40am
Does anybody use the 89EMA?

I took the idea from dcginc, and it seems to also act as S/R but here I don't see anyone using it, and perhaps it is too much info, it prevents me from taking trades that turned out to be winners.
Had to be me. Someone else might have gotten it wrong.
  • #53,516
  • Feb 17, 2015 9:53am Feb 17, 2015 9:53am
Quoting snarlyjack
{quote} Landline, Their was another system (a long time ago) called Woody's CCI. Where he would take price out completely & just trade with the cci indicator. He thought the cci was that accurate...I like to see price myself. sj
@ snarlyjack, what is the name of the fibo levels indi you are using?

Regards
Regards
  • #53,517
  • Feb 17, 2015 10:07am Feb 17, 2015 10:07am
Quoting mordin
Does anybody use the 89EMA? I took the idea from dcginc, and it seems to also act as S/R but here I don't see anyone using it, and perhaps it is too much info, it prevents me from taking trades that turned out to be winners.
Mordin & Fulltilt,

Some people use the 89 ema. I don't but some people do.
The "fibs" is the Dots indicator in the paperclip (Dots v3).
Some people like the Dots indicator, some people don't.
I find it helpful. It gives you a idea of what your looking at.
sj
  • #53,518
  • Feb 17, 2015 10:12am Feb 17, 2015 10:12am
When I look at the gbp/usd 30 minute chart.
I see a triple bottom, price broke through the 200 ema
and popped right back up. A tight market.
sj
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 71 KB
  • #53,519
  • Feb 17, 2015 10:23am Feb 17, 2015 10:23am
Quoting classy
{quote} i am still facing same problem . big emm and all fff any idea /tips how can i escape from it.i think it coming from one trade manger ea.quick trail do you have any good trade manager i saw many ea with lot of feature or less feature i like 1.stop-loss 2.break even and lock pips 3.trail and jump/step (protect profit) 4.for all position {image}
Hi classy

Try this one coded by Igorad(excellentcoder).

Look inside the mq4 for settings and where to read about it.
Attached File(s)
File Type: mq4 ManualTrader_v1.6 600+.mq4   26 KB | 549 downloads
Don't limit yourself!!
  • #53,520
  • Feb 17, 2015 10:41am Feb 17, 2015 10:41am
i dont want spoil this thread or big e's 4h 5 methods or 1 h .i want share somting with TMS family . i am testing this system many days and share set up with you main indi tdi ..retrace finder and i add few more indi with my way .if you want see tms this way then share your view.idea .if i did any thing wrong post this please let me know i will not post more....capture by screen shot ea ..do know any ea/script which record entry point /exit point etc.
Attached File(s)
File Type: rar TMS OTHER VIEW.rar   586 KB | 780 downloads
Say something meaningful or Silence!!
366 traders viewing now, 2 are registered:
menaldo81
,
Catalin1906