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Trading Made Simple

  • #59,481
  • Aug 6, 2015 9:06am Aug 6, 2015 9:06am
Quoting Given1988
{quote} scorps excuse, as is called the indicator that if I am showing the opening of the markets, one that creates a green rectangle dashed

Itīs the LO Box, here you are
Guido
Attached File(s)
File Type: mq4 lo_box.mq4   15 KB | 507 downloads
Risiko birgt immer auch die Chance.
  • #59,482
  • Aug 6, 2015 9:14am Aug 6, 2015 9:14am
Here we are a lot of example charts since i'm using this beautiful method (from Monday august 3, 2015).
Total week = +73pips (friday excluding)
God bless Big E soul
Attached Image(s) (click to enlarge)
Click to Enlarge Name: august 3,2015 - Gbp.Usd +33.png Size: 80 KB
Click to Enlarge Name: august 4,2015 - Gbp.Jpy -27.png Size: 78 KB
Click to Enlarge Name: august 5,2015 - Eur.Jpy +35.png Size: 81 KB
Click to Enlarge Name: august 6,2015 - Usd.Chf +2.png Size: 81 KB
Click to Enlarge Name: august 6,2015 - Gbp.Jpy +30.png Size: 80 KB
  • #59,483
  • Aug 6, 2015 9:20am Aug 6, 2015 9:20am
Quoting tibovwh
Hey all, I'd like to share my charts on EURUSD and I'd appreciate some feedback! Do you agree with the monthly zones drawn? I read Naked Forex recently and I spent quite some time looking at historical charts and it makes sense but drawing these lines myself is not always as straightforward as it sounds/looks. What do you think about the 4H Signal? Any other things I should consider? Best, {image} {image} {image} {image} {image}

Unfortunatly there was no feedback on this demo trade I took.

Price continued to move lower initially without retracement so only the initial entry lot was in play. The 31st of July saw a spike move up that stopped at 1,1108. My initial SL was too low and should have been place above the previous swing high instead.

Afterwards price continued lower quickly

4/08 we saw another strong 4H signal. I took the opportunity to place some sell orders. S/L above .10 and TP at 1.0820. So far 3 orders were filled giving me a avg entry of around 1.0930. R/R for this trade is just below 2. Price however is now stalling.

Is this valid use of Multiple entries?

In addition, I want to ask if it could be a good strategy to enter with a 0.5% lot and subsequent lots of 0.2% for example? Does anyone use this or should we always go for fixed 0.1 / 0.2% lot sizes ?

Gr,
Attached Image (click to enlarge)
Click to Enlarge Name: Schermafdruk 2015-08-06 16.19.38.png Size: 123 KB
  • #59,484
  • Aug 6, 2015 11:51am Aug 6, 2015 11:51am
EA short trade , taken on retracement back to EMA 10 on M15, +54 pips
Attached Image (click to enlarge)
Click to Enlarge Name: EA_H1.jpg Size: 333 KB
I Have Learned to Take Some Losses to Make Profits
  • #59,485
  • Aug 6, 2015 11:55am Aug 6, 2015 11:55am
Quoting Given1988
{quote} scorps excuse, as is called the indicator that if I am showing the opening of the markets, one that creates a green rectangle dashed
LO breakout box, u can find in the paper clip attachments
I Have Learned to Take Some Losses to Make Profits
  • #59,486
  • Aug 6, 2015 11:55am Aug 6, 2015 11:55am
Quoting LazyTrad3r
Hi Folks Here my Trade in EA. I close @DOL +20Pips {image}
Nice one , congrats
I Have Learned to Take Some Losses to Make Profits
  • #59,487
  • Aug 6, 2015 12:30pm Aug 6, 2015 12:30pm
[Quote = TheScorpS; 8421794] breakout box {quote} LO, u puō trovare tra gli allegati graffetta [/ quote]
thanks
  • #59,488
  • Aug 6, 2015 12:33pm Aug 6, 2015 12:33pm
Hi there all !!! I've been trading for nearly a week now with this awesome system. Will like your opinion or advice to improve myself. Im trading at a small volume, to get familiarize with the system first before trading at a larger volume.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 37 KB
  • #59,489
  • Aug 6, 2015 2:13pm Aug 6, 2015 2:13pm
Hi guys, does anyone know what page the latest downloads are

i did have this indicator a few months back but ive been ill and got a new computer abnd struggling to find the downloads for this indicator



many thankls all
  • #59,490
  • Aug 6, 2015 2:51pm Aug 6, 2015 2:51pm
Hey guys,

Tomorrow is NFP day. Any comments how to trade this or better stay away from market?
  • #59,491
  • Aug 6, 2015 6:55pm Aug 6, 2015 6:55pm
Emmanuel,

I followed your USDCAD trades a few weeks back and I reviewed your posts on them and I'm impressed by how accurate they were. I anticipated a short trade myself somewhere that went against me quickly. It has been 3 weeks now since your last update on the pair and I wanted to give my own update. I'd love to hear your current view on this pair.


Best,
Attached Image (click to enlarge)
Click to Enlarge Name: Schermafdruk 2015-08-07 01.38.32.png Size: 174 KB
  • #59,492
  • Aug 6, 2015 10:21pm Aug 6, 2015 10:21pm
Quoting emmanuel7788
Introduction to Trading Made Simple Here is a quick introduction to this Trading Made Simple thread: Trading made Simple for beginners : Post#52,707 A short history by pioneer member snarlyjack Post#110 Our late OP eelfranz aka Big E spent 6,000 hours: Post#6 and he evolved as a trader and went on and developed two...
Hi all,

Thanks for this excellent introductory info Emmanuel. I didn't know Big E passed away in 2012. I was fortunate to see him in action here when I first came to FF in 2011, as this was one of the first threads that caught my attention. Eric was a generous guy as is obvious from his posts and attitude. I'm sure he's sadly missed by many round here. Vale Eelfranz. Great to see his work living on with passion and dedication.

Best wishes, GB.
'Fail to plan, plan to fail'
  • #59,493
  • Aug 6, 2015 10:45pm Aug 6, 2015 10:45pm
Quoting matwhit
Hi guys, does anyone know what page the latest downloads are i did have this indicator a few months back but ive been ill and got a new computer abnd struggling to find the downloads for this indicator many thankls all
Hey Mat. Try the paperclip top of this page. Hope you're feeling better friend. Good trading, GB.
'Fail to plan, plan to fail'
  • #59,494
  • Aug 7, 2015 7:48pm Aug 7, 2015 7:48pm
Five trades this week. Four winners and one small loss. All together captured +182 pips. At the end of the week market was bit tricky bouncing between 200 and 800 EMA's. But sooner or later it will break either one of them and we will have a clear trend on H1.
Mon: No trade as candles were small with wicks.
Tue: Entered 30 minutes after the News. Bit late entry but able to make +75 pips. Second trade, Tried to scalp for few pips but didn't work out due to time of the day. Closed it manually for -6 pips.
Wed: Price reject from 800 EMA and after it break FO candle, I entered in the hope to hit atleast 50 pips. Please note that green crossed red below; however the yellow MBL was below so it was expected that price will hardly reach profit. Manually closed it for +30 pips.
Thurs: Again entered after new candle found its way and captured +29 pips.
Fri: Entered after News candle settled down and gain +54 pips


Success to all.
HR.
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-08-07 20_28_24-EURAUD,H1.png Size: 47 KB
  • #59,495
  • Aug 7, 2015 9:27pm Aug 7, 2015 9:27pm
Quoting emmanuel7788
{quote} Hi birdnest, It can be done and I have shown you in the past months how trading with small %risk and using Multiple Entries / Multiple Exits in different market condition will work out over longer term trading. TMS 5-Method is a trend following trading method which performs better when trading the higher timeframe and it work great when we add to it a proven money management strategy. Position sizing is one of the key to a winning trading system. A lot have been shared here in this thread and you need to pick out the posts and attachments...
Thanks Emmanuel. I am working on my demo account first.

1st week have been 6% profitable. But in this week, I lost on the GA trade which is back to Break Even.


In this month, I hope to grow 10% of my account with the above ME/ME strategy. Using this money management, I realize I am less stressed up nowadays and let the trade work it out with appropriate SL.
  • #59,496
  • Aug 8, 2015 2:49am Aug 8, 2015 2:49am
Not the best chart to show, but those were scalping trades using Lower Time Frame and EMA 10 as well as PA and TMS confirmation

+49 pips combined for Friday session on Gold trading inside the Triangle
Attached Image (click to enlarge)
Click to Enlarge Name: Gold_Scalping.jpg Size: 383 KB
I Have Learned to Take Some Losses to Make Profits
  • #59,497
  • Aug 8, 2015 2:50am Aug 8, 2015 2:50am
Quoting hoperich
Five trades this week. Four winners and one small loss. All together captured +182 pips. {image}
Great trading and results as well as nice chart to always learn about TMS and especially structure breaks down on HH-HL/LL-LH, thanks for sharing
I Have Learned to Take Some Losses to Make Profits
  • #59,498
  • Aug 8, 2015 2:26pm Aug 8, 2015 2:26pm
Quoting TheScorpS
{quote} Great trading and results as well as nice chart to always learn about TMS and especially structure breaks down on HH-HL/LL-LH, thanks for sharing
Thank you TSS; You and ballistical always keep me motivated. I am still making mistakes once a week at least. I have dedicated myself whole year to learn and trade EUR/AUD and now I am planning to add another pair in 4 more weeks. I need to back test new pair until I understand the pair's personality. It has been said so many times by seniors like you that it just take too much effort and time until it becomes second nature to trade. IMHO if all newbies stick with one style of TMS trading rather then learning all the tricks, their learning time will be reduce by months. For me I still need at least one more year for back testing, forward testing and control my mistakes. Very nice post by member "Devit" in TMS for M30 chart and It has very nice comparison between art and trading to achieve "Unconscious competence levels" To perform at your best. Just like any athlete preparing for Olympics and he/she competing at same levels but slight edge will put them on 1st, 2nd or 3rd position. Imagine the time and effort it takes to compete at that levels with unpredictable results . This is all we need to do including myself. Hope devit wont mind using his comments.

"What's obvious that in order to draw anything one must see it as whole 1st then break it down to details.
Large TF to smaller TF should be the habitual goal of seeing price action.Not other way around.
What's more paiting anything requires seeing several things same time.
Form,Composition,tonality,Perspecti ve,Expression harmonious blending of all.
In trading its same
News,Sentiment,Price Action,momentum.All relating and should be back of your mind always specially News.So when a competent trader is looking at price he/she is not just looking at price but looking all I mentioned plus S/R OS OB levels as well.
These should be done so many times that it becomes unconscious like driving a car.Unconscious competence is the goal
Anyway feel free to chip in."

Happy trading everyone and green pips to all.

HR
  • #59,499
  • Aug 8, 2015 11:41pm Aug 8, 2015 11:41pm
Quoting hoperich
{quote} Thank you TSS; You and ballistical always keep me motivated. I am still making mistakes once a week at least. HR
Agree in a golden post, thanks to you and davit , I am spending the morning first reading Phx62 books and now will be doing usual back-testing before LO session tomorrow and another week , success to all
I Have Learned to Take Some Losses to Make Profits
  • #59,500
  • Aug 9, 2015 3:21am Aug 9, 2015 3:21am
Hi To all TMS traders

Gold has finished it's 3rd wave and will go up to about 1150 ( Fibo 38 and 50 ) and then go south to finish it's 5th wave !
So to be a buyer one is better than seller

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: GOLD#Daily.png Size: 75 KB
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