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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

  • #60,081
  • Aug 28, 2015 4:57am Aug 28, 2015 4:57am
Quoting emmanuel7788
{quote} Hi, it's here: H4 High-Low lines: Post#16,374 Post#16,370 regards,
Thank you....
  • #60,082
  • Aug 28, 2015 5:01am Aug 28, 2015 5:01am
AU, H4 - has anyone else seen this:
Attached Image (click to enlarge)
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?
It looks like great opportunity to look for shorts on lower time frames.
  • #60,083
  • Aug 28, 2015 5:03am Aug 28, 2015 5:03am
Quoting Arso
The first swing high indicated by the arrow cause it is the last h4 swing high. i wonder if it is enough cause the 100 days ATR is 270 pips. Cheers! {quote}
There is a H4 consolidation much higher near the BRN 1.4000.
Now we see H4 has a setup and any trading in H1 sell for the turnaorund is dangerous with small stops.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #60,084
  • Aug 28, 2015 5:17am Aug 28, 2015 5:17am
Quoting catalin_eros
AU, H4 - has anyone else seen this:{image} ? It looks like great opportunity to look for shorts on lower time frames.
Sure have.... Unfortunately D1 doesn't look too good at the moment and it's Friday! UJ has the similar look to it
Never argue with a fool; onlookers may not be able to tell the difference.
  • #60,085
  • Aug 28, 2015 5:30am Aug 28, 2015 5:30am
Question: Big E said to exit when TDI makes a curve or a check mark. Do we exit as soon as we see these (on live candle), or after the candle close? Logic tells me to wait for the candle close, but I would like to hear your opinion (especially Emmanuel's).
  • #60,086
  • Aug 28, 2015 7:51am Aug 28, 2015 7:51am
EURUSD H1 chart :

A H1 'big candle' WRB showed up so we do not take any H1 TMS setup. We can trade M15 using that H1 WRB high-low as support and resistance.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 28 Aug H1 WRB.png Size: 35 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #60,087
  • Aug 28, 2015 7:59am Aug 28, 2015 7:59am
Quoting catalin_eros
Question: Big E said to exit when TDI makes a curve or a check mark. Do we exit as soon as we see these (on live candle), or after the candle close? Logic tells me to wait for the candle close, but I would like to hear your opinion (especially Emmanuel's).
If you trade H4 the way Big E described in post#1 and use the TDI Red Green indicator, then you must follow his TDI trade entry and exit rules. Whether you wait for the H4 candle to close depends on what you see in the price action. In some cases when you are watching the H4 candle, the price travels and pulls back very strong, then exit before the candle closes is good. Big E H4 entry is very aggressive therefore his exit has also be quick using the TDI.

I don't trade H4 the way he did and I use the realtime version TDI with different setting. I look at the price action using the price bar pattern and give this more weight over the TDI angle, crossing, etc.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #60,088
  • Aug 28, 2015 8:13am Aug 28, 2015 8:13am
Nobody commented on my charts before... discouraging lol

This one went well:



Thanks to all
Attached Image (click to enlarge)
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  • #60,089
  • Aug 28, 2015 8:21am Aug 28, 2015 8:21am
I am new here but sometimes we forget and not bad to remember the words of the only master of this method:

Eelfranz:

I get a little frustrated when people keep adding stuff and then posting it on the forum. I repeatedly ask others to PM others on the thread with the new ideas and not posting them. At least PM me with their ideas...
The main entry rule is: green crossing red on the TDI within the first 2 candles for an entry...
I don't care what the red TDI line is doing.
Did Stoch's confirm the TDI signal between the 20-80 lines...?
The 12-2 and 4-6 is for the TDI and not the 5ema... that would just be a bonus...
If you meet the TDI entry rule it doesn't much matter where the 5 ema is in relation to the 1st two candles...
All this extra crap does nothing but confuse other traders and their success rate drops and they can't figure out why...
Everyone - Please stop adding anything... stick to the SIMPLE BASIC RULES.
That's what makes it work !

No more adding things to this method. PM me first always. If you can't respect and live with that... unfortunately you'll be banned...
Every trader has learned the forex differently... you find things you like to do or use. That's great but do so without posting it here.
We follow the rules only and that brings the members success... thanks...

Have a good weekend
  • #60,090
  • Aug 28, 2015 8:25am Aug 28, 2015 8:25am
UC H1 +62 closed @RN 1.3300
Attached Image (click to enlarge)
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Winners Never Quit, Quitters Never Win
  • #60,091
  • Aug 28, 2015 8:47am Aug 28, 2015 8:47am
Quoting emmanuel7788
{quote} If you trade H4 the way Big E described in post#1 and use the TDI Red Green indicator, then you must follow his TDI trade entry and exit rules. Whether you wait for the H4 candle to close depends on what you see in the price action. In some cases when you are watching the H4 candle, the price travels and pulls back very strong, then exit before the candle closes is good. Big E H4 entry is very aggressive therefore his exit has also be quick using the TDI. I don't trade H4 the way he did and I use the realtime version TDI with different setting....
Thank you for your answer, Emmanuel! Helpful, as always.
  • #60,092
  • Aug 28, 2015 9:14am Aug 28, 2015 9:14am
GU Low volume in Friday session. Enough for 50p. Entered on the GDP retrace with TDI cross.

Attached Image (click to enlarge)
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Best regards, Zef
  • #60,093
  • Aug 28, 2015 9:24am Aug 28, 2015 9:24am
just went in 1 hr ago.

EA : +30 pips
UCHF: + 10 pips
UJ: flat
  • #60,094
  • Aug 28, 2015 9:27am Aug 28, 2015 9:27am
Quoting AlansGS777
I am new here but sometimes we forget and not bad to remember the words of the only master of this method: Eelfranz: I get a little frustrated when people keep adding stuff and then posting it on the forum. I repeatedly ask others to PM others on the thread with the new ideas and not posting them. At least PM me with their ideas... The main entry rule is: green crossing red on the TDI within the first 2 candles for an entry... I don't care what the red TDI line is doing. Did Stoch's confirm the TDI signal between the 20-80 lines...? The...
Yes. Original TS always say to keep things simple. Just TDI and ema 5, and the rest is S/R, supply demand.
  • #60,095
  • Aug 28, 2015 10:00am Aug 28, 2015 10:00am
Hi again Emmanuel, I have a problem of "trial version expired" when I attach the "! H4 Hi-Lo lines (Black)" indicator. Do you have the mq4 version or could you help me with this problem???.... Thank you...
Attached Image (click to enlarge)
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  • #60,096
  • Aug 28, 2015 10:13am Aug 28, 2015 10:13am
Just a reminder that Monday is a Public Holiday in the UK and it is the last day of the month so things might be slow. Unless the PBOC do something over the weekend
Have a good weekend and green pips for next month

cheers
Never argue with a fool; onlookers may not be able to tell the difference.
  • #60,097
  • Aug 28, 2015 10:17am Aug 28, 2015 10:17am
Quoting jjventural
Hi again Emmanuel, I have a problem of "trial version expired" when I attach the "! H4 Hi-Lo lines (Black)" indicator. Do you have the mq4 version or could you help me with this problem???.... Thank you... {image}
Hi,
Try this one
Attached File(s)
File Type: ex4 !# H4 OHLC Hi Lo only.ex4   10 KB | 353 downloads
Never argue with a fool; onlookers may not be able to tell the difference.
  • #60,098
  • Aug 28, 2015 11:17am Aug 28, 2015 11:17am
GJ identical copy of yesterday NYO session, +50 pips, look left for yesterday move, sometime u can copy what traders did the other day and use that for ur trading day
Attached Image (click to enlarge)
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I Have Learned to Take Some Losses to Make Profits
  • #60,099
  • Aug 28, 2015 12:51pm Aug 28, 2015 12:51pm
Quoting TheScorpS
GJ identical copy of yesterday NYO session, +50 pips, look left for yesterday move, sometime u can copy what traders did the other day and use that for ur trading day {image}
I see that you entered a long trade, although you had a red HA candle. I thought the rules say to enter long on a blue HA candle. Or am I mistaken?
  • #60,100
  • Aug 28, 2015 2:21pm Aug 28, 2015 2:21pm
Quoting catalin_eros
{quote} I see that you entered a long trade, although you had a red HA candle. I thought the rules say to enter long on a blue HA candle. Or am I mistaken?
Just a little more attention to the red candle. Irrespective of its color, concentrate on its open, close and placement. Also, check small line under these candles going up.
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