Trading Made Simple | Page 2926 | 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

  • #58,501
  • Jul 1, 2015 4:11pm Jul 1, 2015 4:11pm
Quoting TheScorpS
GU for +50 pips, I would tho post the demo trade since it has better learning side to it At the time I took the trade, my broker server didn't respond much , might be a lousy one, testing another broker here, so it didn't fully printed the whole candle {image}
Hi , I like very mutch your trades.
I'm looking your chart and i think that irecently made a mistake ( long on the resistence , box of H1 chart ) . Bad day for me in this cross (-80 pips around) for my mistake .
This is the chart , all TF are in momentum long, only the entry (i think ) is bad .
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 263 KB
  • #58,502
  • Jul 1, 2015 4:31pm Jul 1, 2015 4:31pm
Quoting Lookleft
{quote} Looks like it is going OK. Tomorrow (Thursday) might be a challenge as H4, D1 and WK are deep into the below 32 zone. Don't let this put you off, just manage what you have got. I think there is at least another days run on this trade but beware of the US data coming out. I've got a D1 trade running since 8th May so I have a vested interest Hang tough and manage well.
Hi LooKleft , all ADX in all TF are vey powerful (short) ...
Uhm , i don't know if i have understand correctly ( it' not my lenguage) , but i think that under or over 32 / 68 is a more good signal that tell me that this cross is OK ----> no point of stop entries , but MORE entries ( for me ) , in a few word : for me that liverls are good livels for a continuation trend .

Example Daily and weekly , down of 32 .


Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 243 KB


GL for all .

PS : in trade sice 8th may ?! So mutch compliments (i hope you are in real :-D , me no , i no have money to try , and now is my last week of holday :-) ... Next week i cant' do trade (demo trade) fo some month ( or years) :-(
  • #58,503
  • Jul 1, 2015 4:37pm Jul 1, 2015 4:37pm
Quoting emmanuel7788
USDCAD D chart 1 July 2015: What do you see? Is that a possible AB = CD potential? Do your Big Picture Plan and know where the Historical Swing levels are and that will show you the way. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD week 27 ABCD.png Size: 65 KB


USDCAD D chart update:

We had a nice bullish run yesterday. Price approach the next BRN 1.2600 and we must watch the reaction around this BRN which is confluence with the previous swing high seen on the chart above (red arrows).

The 3 Amigos (AU, EU and GU) are riding together, so this pair is inverse correlated and should be good. Also NZDUSD continues to slide lower.

Trading bias for the 3-Amigos based on their D candle is bearish.

There is a saying: "Buy Low, Sell High".
But some will sell high, and sell higher. What do you think?

Good trading.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #58,504
  • Jul 1, 2015 4:42pm Jul 1, 2015 4:42pm
Quoting TheScorpS
GU for +50 pips, I would tho post the demo trade since it has better learning side to it At the time I took the trade, my broker server didn't respond much , might be a lousy one, testing another broker here, so it didn't fully printed the whole candle {image}

Nice catch.

That was a good break out of the consolidation. I am eyeing 1.5550 as my target.

Plan, Build and Run your ME/ME trades.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #58,505
  • Jul 1, 2015 4:47pm Jul 1, 2015 4:47pm
Quoting LvCa
{quote} Hi LooKleft , all ADX in all TF are vey powerful (short) ... Uhm , i don't know if i have understand correctly ( it' not my lenguage) , but i think that under or over 32 / 68 is a more good signal that tell me that this cross is OK ----> no point of stop entries , but MORE entries ( for me ) , in a few word : for me that liverls are good livels for a continuation trend . Example Daily and weekly , down of 32 . {image} GL for all . PS : in trade sice 8th may ?! So mutch compliments (i hope you are in real :-D , me no , i...

In depressed markets, those oscillators OB/OS levels are useless. Look more at the historical price levels, the pairs trading range and the current markets momentum.
Kiwi is very weak.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #58,506
  • Jul 1, 2015 5:06pm Jul 1, 2015 5:06pm
Hello guys,

How do you put your stop loss to breakeven in H4 using TMS?
How many green pips before you put your SL to breakeven?
  • #58,507
  • Jul 1, 2015 5:11pm Jul 1, 2015 5:11pm
Quoting emmanuel7788
{quote} In depressed markets, those oscillators OB/OS levels are useless. Look more at the historical price levels, the pairs trading range and the current markets momentum. Kiwi is very weak.
Hi Emmanuel , ty very mutch . Yes , if i dont' wrong , the market is : 80% of the time in rangin market and ''only'' 20% (or less) in momentum , thats is why i use the ADX's (for take the hot momentum + TDI ) .
I think that is no important the % of time but the % of pips that you can take in rangin trade or if there are more pips in momentum trade .
Thank a lot Emmanuel for all.
  • #58,508
  • Jul 1, 2015 8:36pm Jul 1, 2015 8:36pm
Quoting LvCa
{quote} Hi LooKleft , all ADX in all TF are vey powerful (short) ... Uhm , i don't know if i have understand correctly ( it' not my lenguage) , but i think that under or over 32 / 68 is a more good signal that tell me that this cross is OK ----> no point of stop entries...
Hi LvCa, could you please share your ADX indicator?Thanks and Regards, Raza
Raza
  • #58,509
  • Jul 1, 2015 8:49pm Jul 1, 2015 8:49pm
Quoting balut
Hello guys, How do you put your stop loss to breakeven in H4 using TMS? How many green pips before you put your SL to breakeven?

Hi Balut,

There is an example and explanation how to manage trades using R and R-Multiple.

R-Multiple post#15,915

When the market move / closed +R pips in your favour, move your initial SL to Entry Price EP i.e. Breakeven BE

Always think of how to reduce the initial risk 'R' of your trades and let the market decide your target profit TP

regards,

Edit: Also please read post#34,206 and catch up with many important post summary.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #58,510
  • Jul 2, 2015 12:21am Jul 2, 2015 12:21am
EUR/USD H1 +91.0 Pips
Attached Image (click to enlarge)
Click to Enlarge Name: d7WcRen.png Size: 16 KB


USD/CAD H1 + 160.9 Pips
Attached Image (click to enlarge)
Click to Enlarge Name: 0KERm3t.png Size: 16 KB
  • #58,511
  • Jul 2, 2015 3:29am Jul 2, 2015 3:29am
EURAUD-H1
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-07-02_14-27-46EURAUD-H1.png Size: 39 KB
Sad i'm not trying to understand PA
  • #58,512
  • Jul 2, 2015 3:54am Jul 2, 2015 3:54am
Now what did i do wrong today

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 40 KB


Trade criteria :-
Big boss - D1 - Bearish
Boss - H4 - Indecisive
H1 - Bearish
No WRBs in sight in all three TFs
Close below PAC
Entered on the close of H1 candle which broke the lows of the Asian session
Away from DOL/1.56 RN
Towards previous daily low (-)

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 14 KB


Always check the news

Please do let me know if there is anything wrong with the entry guys.

Zz
  • #58,513
  • Jul 2, 2015 3:55am Jul 2, 2015 3:55am
Quoting omonisha
EURAUD-H1 {image}

same trade but different timeframe. Price Action setup with that Bullish Engulfing Bar BUEB with the TDi confirmation.

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD 2 July H4 BUEB setup.png Size: 35 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #58,514
  • Jul 2, 2015 3:59am Jul 2, 2015 3:59am
Quoting hishamzz
Now what did i do wrong today {image} Trade criteria :- Big boss - D1 - Bearish Boss - H4 - Indecisive H1 - Bearish No WRBs in sight in all three TFs Close below PAC Entered on the close of H1 candle which broke the lows of the Asian session Away from DOL/1.56 RN Towards previous daily low (-) {image} Always check the news Please do let me know if there is anything wrong with the entry guys. Zz

Hi Zz,

what was wrong is your use of Big Boss and Boss wrongly.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #58,515
  • Jul 2, 2015 4:02am Jul 2, 2015 4:02am
Hi Omonisha

What indicator are the small white and red line??? I have marked it on ur chart


Regards
Attached Image
  • #58,516
  • Edited 4:35am Jul 2, 2015 4:05am | Edited 4:35am
Hi all..
GBP/AUD : maybe H4 have the power to crush-up (long) his ranging area and go up with his weekly status ( ), H1 is his insider
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 319 KB
  • #58,517
  • Jul 2, 2015 4:16am Jul 2, 2015 4:16am
Quoting shr5
{quote} Hi LvCa, could you please share your ADX indicator?Thanks and Regards, Raza
Hi shr5 , i don't know how to up-load indicator , there are simply 5 adx indicator (with different period sitting) in one window .
The period sitting are ( 7 period; 21 period ; 42 period ; 89 period ; 89 period ; 144 period ) ; the boxes at right are only the easier adx loking of that adx (sorry for my english) .
PS : I think is not necessary the Adx but i use it for particular situation .
PA + TDI is the core of all (i think )

GL for all
  • #58,518
  • Jul 2, 2015 4:18am Jul 2, 2015 4:18am
Quoting dennis4u15
Hi Omonisha What indicator are the small white and red line??? I have marked it on ur chart Regards {image}
Hi dennis

they are no indicator manually drawn to visually see the situation. But you can use master candle indicator name may be MC V2 inside the paper clip.
Sad i'm not trying to understand PA
  • #58,519
  • Edited 4:43am Jul 2, 2015 4:22am | Edited 4:43am
Took advantage of the Aussie dive
GBPAUD H1 +75 (+25 +50)
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 29 KB

EURAUD H1 +75 (+25 +50)
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 29 KB

Both entries at close of LO. Checking that EA had broken the 200ema. All 3 TDI lines heading up and red and green separating on both trades.
Never argue with a fool; onlookers may not be able to tell the difference.
  • #58,520
  • Jul 2, 2015 4:24am Jul 2, 2015 4:24am
Quoting emmanuel7788
{quote} same trade but different timeframe. Price Action setup with that Bullish Engulfing Bar BUEB with the TDi confirmation. {image}
Great EMU. i am thinking of it may run at least 1.46200
Sad i'm not trying to understand PA
47 traders viewing now