Trading Made Simple | Page 2942 | 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

  • #58,821
  • Jul 16, 2015 12:30am Jul 16, 2015 12:30am
Quoting emmanuel7788
{quote} of course you can take a trade without a TDI Green cross Red. 1) you need to see a Price action reversal pattern using the real price bars / Japanese candlesticks pattern. The TDI Green PL must confirm the momentum of price bar reversal pattern. 2) when there is a breakout of a consolidation area, there will be a TDI Green PL bounce off Red TSL or bounce off the Yellow MBL. You will see the breakout using the real price bars/Japanese candlesticks. Remember what Big E said: #1 PA #2 TDI Edit: You must use the "correct" TDI version....
Thx Emmanuel...
take a look to my next post.....pls.

Lazy
mia san mia since 1900
  • #58,822
  • Jul 16, 2015 12:33am Jul 16, 2015 12:33am
Hi...
I know the Exit is not how the Rules told....but easy 15 Pips is good for me.
Is this a good Trade or you guys got improvements for me?

Thx for a lot helping.

Lazy
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy1.jpg Size: 196 KB
mia san mia since 1900
  • #58,823
  • Jul 16, 2015 1:09am Jul 16, 2015 1:09am
Quoting LazyTrad3r
Hi... I know the Exit is not how the Rules told....but easy 15 Pips is good for me. Is this a good Trade or you guys got improvements for me? Thx for a lot helping. Lazy {image}

the only rules that work are those rules you made for yourself and you have follow your own rules with discipline.

if 15pips is what you planned, take what the market gave you. CONSISTENCY is very important.

we all aim to become consistent winning traders over a long term so we must not treat trading like playing an arcade game.
Read the book "Super Trader" by Dr Van Tharp. Then do some research on Peak Performance and what you need to do to reach peak performance. You cannot be a super trader unless you have reach peak performance.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #58,824
  • Jul 16, 2015 1:19am Jul 16, 2015 1:19am
Quoting emmanuel7788
{quote} the only rules that work are those rules you made for yourself and you have follow your own rules with discipline. if 15pips is what you planned, take what the market gave you. CONSISTENCY is very important. we all aim to become consistent winning traders over a long term so we must not treat trading like playing an arcade game. Read the book "Super Trader" by Dr Van Tharp. Then do some research on Peak Performance and what you need to do to reach peak performance. You cannot be a super trader unless you have reach peak performance.
Thx Emmanuel true words....i got this book here....but i dont read it until now.
mia san mia since 1900
  • #58,825
  • Jul 16, 2015 1:45am Jul 16, 2015 1:45am
Quoting LazyTrad3r
{quote} I begins now for 4 hours......and than i go to sleep. I trade today only the morning from london/Frankfurt Session.
Have a good trading session bro and and have a good rest.
Let us know how many pips you profit tomorrow when you wake up

PS: Don't forget the USA Unemployment News in 3 hours! Danger!
  • #58,826
  • Jul 16, 2015 1:57am Jul 16, 2015 1:57am
Quoting Dimi.A
{quote} Have a good trading session bro and and have a good rest. Let us know how many pips you profit tomorrow when you wake up PS: Don't forget the USA Unemployment News in 3 hours! Danger!
I dont Trade then. In 1 Hour i will go to sleep.
Good Luck Bro

Lazy
mia san mia since 1900
  • #58,827
  • Jul 16, 2015 2:03am Jul 16, 2015 2:03am
There are Traders here where trade the Asia Session with this System? Is that posible? Sometime i trade from 6 afternoon Pacific Time.....but the only thing i see is...No Momentum No Volatility.

Lazy
mia san mia since 1900
  • #58,828
  • Jul 16, 2015 2:08am Jul 16, 2015 2:08am
Hi Emmanuel, how do you handle the 200 ema, should the previous candle always close above for buy and below for sell order?
Regards
  • #58,829
  • Jul 16, 2015 2:28am Jul 16, 2015 2:28am
Quoting fulltilt
Hi Emmanuel, how do you handle the 200 ema, should the previous candle always close above for buy and below for sell order?

Hi,

Do not use the 200EMA alone for any trade decision. We look at the overall price action around the 10EMA, 50EMA and the 200EMA.

See example below what we should learn to see on M15 charts.
using the Tripe Screen technique, we must always see the H1 and H4 candles around its respective 10EMA.
When all three chart timeframes price action are in synergy, the setup is highest probability A+++.
This is why having patience is so important when we trade.

Attached Image (click to enlarge)
Click to Enlarge Name: Moving Average 200EMA.png Size: 107 KB


regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #58,830
  • Jul 16, 2015 2:40am Jul 16, 2015 2:40am
AUDUSD ME/ME trades 14 to 16 July:

This trade I follow the D1 chart.
If you see the post above what the Day candle look like you will see why I sold on 14 Jul open.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD M15 MEME trades 14 - 16 July.png Size: 61 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #58,831
  • Jul 16, 2015 2:55am Jul 16, 2015 2:55am
Here is another view how we use Master Candle[3] to trade in lower TF.
Master Candle is one way to see market consolidation.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Master Candle trading example.png Size: 105 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #58,832
  • Jul 16, 2015 3:04am Jul 16, 2015 3:04am
thank you, for the multi view's ... is there a template which can be used or do we have to build it from scratch with pipware?
Regards
  • #58,833
  • Jul 16, 2015 3:12am Jul 16, 2015 3:12am
EURAUD 4 hr
Price made LL and LH, retraced to the 50% fibo of last swing HL, green crossed red below MBL and 50 line, entered short.
1st target the 100% fibo
2nd target confluence 200 ma and 127.2 fibo extension
3rd target completion of CD leg and 141.4 fibo extension
let's see if my analysis was correct...
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDH4.png Size: 60 KB
  • #58,834
  • Jul 16, 2015 3:45am Jul 16, 2015 3:45am
Hi all
my first trade in ages, haven't been able to get near my PC during the LO session until today.
EA H1 shorted after break of previous monthly Hi (conservative entry) any comments welcomed.
Attached Image (click to enlarge)
Click to Enlarge Name: EAH1 16,7,15.png Size: 21 KB
  • #58,835
  • Jul 16, 2015 3:46am Jul 16, 2015 3:46am
Has anyone had experience using MT4 on a windows tablet running windows 8?
  • #58,836
  • Jul 16, 2015 3:53am Jul 16, 2015 3:53am
A 500$ account has failed to success with TMS in about 1 month and account is called !
Next week I 'll put his trades here one by one and will explain why and how the trader was unsuccessful to be a winner with TMS !
will explain with pure rules of tms by Big E and not any other rules !
Hope to help newbies to well understanding TMS for their future trades


regards
  • #58,837
  • Jul 16, 2015 4:23am Jul 16, 2015 4:23am
First trade for a while as I'm away on holiday but I couldn't resist
EURAUD H1 +150 (+25 +50 +75)
Entry on close of LO. Price below all ema and BRN. AU had started to climb which helps push EA down and UJ and UC where trying to head up which helps push EUR down. Final TP was set at YL and just above BRN.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 31 KB

Back to the Sangria and Spanish sun
Never argue with a fool; onlookers may not be able to tell the difference.
  • #58,838
  • Jul 16, 2015 5:30am Jul 16, 2015 5:30am
Quoting Next4467
Hi all my first trade in ages, haven't been able to get near my PC during the LO session until today. EA H1 shorted after break of previous monthly Hi (conservative entry) any comments welcomed. {image}

well, you asked for comments, here is mine.

drop that mtf-TDI and just use one TDI on that trading chart TF would be first progressive step towards learning to read price action with pure price bars/Japanese candlesticks.
Look at PA then TDI Green cross Yellow, and Red cross Yellow using just one TDI.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #58,839
  • Jul 16, 2015 5:32am Jul 16, 2015 5:32am
Quoting fulltilt
thank you, for the multi view's ... is there a template which can be used or do we have to build it from scratch with pipware?
try setup the pipware charts first and save that as your own template.
post your chart when you have problem.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #58,840
  • Jul 16, 2015 6:22am Jul 16, 2015 6:22am
Quoting emmanuel7788
{quote} well, you asked for comments, here is mine. drop that mtf-TDI and just use one TDI on that trading chart TF would be first progressive step towards learning to read price action with pure price bars/Japanese candlesticks. Look at PA then TDI Green cross Yellow, and Red cross Yellow using just one TDI.
Thanks emmanuel I like having the MTF TDI it gives me confirmation that I am trading with the higher time frame and helps me filter out bad trades, maybe when I get more experience I will try without.
59 traders viewing now, 1 is registered:
Mohamed8282