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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

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Trading Made Simple

  • #62,841
  • Nov 9, 2015 11:26am Nov 9, 2015 11:26am
Quoting snarlyjack3
{quote} Thank you ScorpS, My ex-wife died (she has diabetes) & our son ended up moving in with me, he was 20 years old. My ex-wife ended up having a unexpected heart attack.....Things are getting back to normal Thank you for your comments!!! sj
\

Hi Sj! Sorry for your loss. But it is so good to have somebody who worked closely with BigE. Hopefully, you'll guide us in the same way as BigE did few years back. I've read your earlier posts and have seen your charts, looking forward to learn a lot from you.
Regards,
Winners Never Quit, Quitters Never Win
  • #62,842
  • Nov 9, 2015 11:28am Nov 9, 2015 11:28am
Quoting jeff90
{quote} hI Sj, Sorry for your loss, glad that you are doing good now. Back to TRADING! .. Look at the scn shot i posted, is that a golden trade there? {image}
SJ,

Was looking at UJ as u mentioned. A perfect entry to short, possible?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 48 KB
  • #62,843
  • Nov 9, 2015 11:34am Nov 9, 2015 11:34am
Quoting snarlyjack3
{quote} Thank you ScorpS, My ex-wife died (she has diabetes) & our son ended up moving in with me, he was 20 years old. My ex-wife ended up having a unexpected heart attack. We had to arrange for the funeral, settle the estate, work with attorneys, move my son in & kinda get back into sync. Not to mention the emotional distress of the whole thing. But were all moving on...& doing pretty good! I just had to take a break in posting during the whole process & focus on other more important things. Things are getting back to normal Thank you for your...

Hey SJ ,
I´m really sorry for your loss..
Really hope you re doing well !
Good luck buddy !
Risiko birgt immer auch die Chance.
  • #62,844
  • Nov 9, 2015 12:08pm Nov 9, 2015 12:08pm
Quoting emmanuel7788
{quote} Hi, WELCOME! What has changed since 2011? The market liquidity has grown much more now. Otherwise, the market remains very much the same. There is a trend in every timeframe. The market still move in waves, small waves, big waves. There are still the same swing highs and swing lows in every chart. Some charts just have more very big candles these days and weeks compared to before 2008. ... start reading this post and you will save a lot of time having to read 62k posts. Introduction to Trading Made Simple Post#57,854...
Hi Emmanuel, thank you for your your reply, as a new member it all seems very daunting! I will go through as much as poss and download the indicators and attempt to get my head around it. I have been using the cci which seems to make sense to me, also i was using small time frames ie. 5m etc but i am starting to realize there is just to much noise going on these smaller times.
  • #62,845
  • Nov 9, 2015 12:25pm Nov 9, 2015 12:25pm
Hello snarlyjack,

I ask a question to you that I am sure others have asked but I want to hear it from you directly. I would really love to talk to you in person and will call you at my expense. My question is related to the TDI Heiken simplicity, elfranz (wonderful person), Dean and my own experience. The biggest question is "Why am I still in the BO world?' Do these methods really work in the Binary Options world or is that just plain suicide? I signed up to this forum only to ask this of you.

Thank you and hope to talk to you in person,

John H, One of the good guys, I hope
  • #62,846
  • Nov 9, 2015 1:37pm Nov 9, 2015 1:37pm
Quoting JohnnyBoy
Hello snarlyjack, I ask a question to you that I am sure others have asked but I want to hear it from you directly. I would really love to talk to you in person and will call you at my expense. My question is related to the TDI Heiken simplicity, elfranz (wonderful person), Dean and my own experience. The biggest question is "Why am I still in the BO world?' Do these methods really work in the Binary Options world or is that just plain suicide? I signed up to this forum only to ask this of you. Thank you and hope to talk to you in person, John H,...
JohnnyBoy,

Nice meeting you!

I would not mind talking to you...if you pm me I'll give
you my phone # in Montana.

However, I have never traded BO (binary options). But I have
heard of other traders trading gold, silver, oil, & forex using Tms &
Synergy.

In my mind Tms & Synergy are almost the same system. Tms is just a
stripped down version of Synergy. Tms is more aggressive, Synergy
is more conservative. To be honest Emmanuel & I are kinda
teaching a blended version of both Tms & Synergy.

The pac (price action channel) & the different levels are Synergy.
Tms just used the Tdi & Apb's with nothing else. Their is no one size
fits all. Some people like Tms better, some people like Synergy better.
I bounce between the two systems. I like them both & feel very comfortable
with both. I do think that having to much "stuff" on your charts distracts
from price. And price action is the #1 indicator after all!

I hope I helped you...
sj
  • #62,847
  • Nov 9, 2015 1:45pm Nov 9, 2015 1:45pm
Quoting Scrambleguy
{quote} Hi Emmanuel, thank you for your your reply, as a new member it all seems very daunting! I will go through as much as poss and download the indicators and attempt to get my head around it. I have been using the cci which seems to make sense to me, also i was using small time frames ie. 5m etc but i am starting to realize there is just to much noise going on these smaller times.
Scrambleguy:

Nice meeting you!
I'm not Emmanuel but...

I'm sure you have heard this before: " How do you eat a
elephant? One bite at a time!"

I would suggest that you take your time, their is no rush!
Give yourself the opportunity to succeed & be successful!
It takes about 3 years to get really good at trading. Read, demo
trade & ask questions. Do NOT go live yet. Relax & enjoy
the learning process... learn,learn,learn...

sj
  • #62,848
  • Nov 9, 2015 1:49pm Nov 9, 2015 1:49pm
Quoting jeff90
{quote} SJ, Was looking at UJ as u mentioned. A perfect entry to short, possible? {image}
Jeff,

Look at my picture.

Price is entering into the pac area. Pac (price action channel) means = no trade,
value area, revert to the mean.

Continue to watch & see if it turns...

sj
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH4.png Size: 35 KB
  • #62,849
  • Nov 9, 2015 2:09pm Nov 9, 2015 2:09pm
Quoting catalin_eros
{quote} I took my first chart on MT and looked at the D1 for an example. I found it immediately. The candle marked by the arrow should have provided us with a sell, according to rules. But look what happened. I would have traded it as I said: lower timeframe, and if the TMS gave me a buy opportunity, I would not have hesitated to take it. The pair went up for 250 pips. I do not want to argue with you, you are great at trading, but I know I observed some pretty cool things myself since I began trading. No hard feelings, I hope. I wish you a great...
Catalin,

Give this DOT'S indicator a try.
It should work.

sj
Attached File(s)
File Type: ex4 DOTS_Method_v3-02(edu).ex4   39 KB | 490 downloads
  • #62,850
  • Nov 9, 2015 2:16pm Nov 9, 2015 2:16pm
Quoting snarlyjack3
{quote} Scrambleguy: Nice meeting you! I'm not Emmanuel but... I'm sure you have heard this before: " How do you eat a elephant? One bite at a time!" I would suggest that you take your time, their is no rush! Give yourself the opportunity to succeed & be successful! It takes about 3 years to get really good at trading. Read, demo trade & ask questions. Do NOT go live yet. Relax & enjoy the learning process... learn,learn,learn... sj
Sj, thank you so much for advice! I see you are a long standing member and trader, I have actually been trading I guess 6-7 months but in real terms new to you guys. I hope I can pick it up step by step and and will be following any advice on offer!
  • #62,851
  • Nov 9, 2015 2:18pm Nov 9, 2015 2:18pm
Quoting Sesamstrasse
{quote} Hey SJ , Im really sorry for your loss.. Really hope you re doing well ! Good luck buddy !
Thank you Sesamstrasse!

Things have calmed down & all is working out good.

How is Germany doing? I see on t.v. where you
have a influx of people...isn't life interesting!
sj
  • #62,852
  • Nov 9, 2015 2:39pm Nov 9, 2015 2:39pm
Quoting snarlyjack3
{quote} Catalin, Give this DOT'S indicator a try. It should work. sj {file}
Thanks, SJ! It worked. Now the levels are plotted.
  • #62,853
  • Nov 9, 2015 3:23pm Nov 9, 2015 3:23pm
Quoting snarlyjack3
{quote} Jeff, Look at my picture. Price is entering into the pac area. Pac (price action channel) means = no trade, value area, revert to the mean. Continue to watch & see if it turns... sj {image}

Can you please share your template and your indicators with us SnarlyJack?
  • #62,854
  • Nov 9, 2015 6:52pm Nov 9, 2015 6:52pm
Quoting Vpa021
{quote} Can you please share your template and your indicators with us SnarlyJack?
Vpa021,

Nice meeting you!
Yes, of course...give this a try.
sj
Attached File(s)
File Type: ex4 Synergy_Pro_TDI.ex4   14 KB | 456 downloads
File Type: ex4 Average Daily Range Pro Calculator.ex4   63 KB | 452 downloads
File Type: ex4 SDC_CompassFX.ex4   13 KB | 545 downloads
File Type: tpl Synergy.tpl   20 KB | 498 downloads
File Type: ex4 Synergy_Pro_APB.ex4   7 KB | 447 downloads
  • #62,855
  • Nov 9, 2015 6:57pm Nov 9, 2015 6:57pm
Quoting snarlyjack3
{quote} Vpa021, Nice meeting you! Yes, of course...give this a try. sj {file} {file} {file} {file} {file}
Thank you so much SnarlyJack.
  • #62,856
  • Nov 9, 2015 6:59pm Nov 9, 2015 6:59pm
Quoting Vpa021
{quote} Can you please share your template and your indicators with us SnarlyJack?
Vpa021,

Be sure to read this pdf file by Big E.
This is super important... takes about 1 hour.
sj
Attached File(s)
File Type: pdf BigE-full.pdf   3.4 MB | 596 downloads
  • #62,857
  • Nov 9, 2015 7:50pm Nov 9, 2015 7:50pm
Quoting emmanuel7788
{quote} XAUUSD week 46 9 Nov: target 1081.30 is in sight but if you enter today, your technical SL would be above the high of 5 Nov. Kind of big distance. How will you mitigate this? {image}

XAUUSD Week 46 10 Nov update:

Yesterday we saw the first bullish day price bar/Jap candle after many days. Its a small price bar/Jap candle first sign of narrow raneg consolidation after last Friday's NFP candle. To trade this, see the 2nd pic below with details. We can either wait for today's candle to close or we can look at H1 today for an entry will small SL.

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD Week 46 10 Nov BPP.png Size: 57 KB


Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD Week 46 10 Nov.png Size: 44 KB


Trade Well.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #62,858
  • Nov 9, 2015 7:52pm Nov 9, 2015 7:52pm
Quoting snarlyjack3
{quote} Jeff, Look at my picture. Price is entering into the pac area. Pac (price action channel) means = no trade, value area, revert to the mean. Continue to watch & see if it turns... sj {image}
Hi SJ,

noted, nvr trade when it enter that yellow channel. Can i ask u which the best session to trade? Im from singapore, tried using the session indicator but dosent feels right.
  • #62,859
  • Nov 9, 2015 8:13pm Nov 9, 2015 8:13pm
Quoting emmanuel7788
{quote} Yes I use the Line Chart for MN (not M1) and W1 in my Big Picture Planning. MN Line Chart is to see the MN price swings levels and I trade H4 and D1 setups between those swing levels. Example GBPUSD how I trade using the MN swing levels to target my profit exits. {image} see my post http://www.forexfactory.com/showthre...37#post8578437 did I predict 1.5050 as target? no, it is all on my chart above. below is the MN chart where I locate those swing levels and trade between those levels. No need any indicators. You see...

GBPUSD Week 46 D1 chart 10 Nov update:

Yesterday we saw a nice correction of the NFP candle which many short term traders benefitted. The at bounce from the Historical level 1.5069 was a nice catch in lower timeframes.
Weekly is bearish and on D1 chart, we do not see a bullish reversal yet as it now faces two previous support which now turn to resistance and that Hist swing level 1.5161 above.
TMS will lead the trading in H4 TF today. I remain in sell position with ME/ME trades with my technical SL above last Thursday high.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Week 46 D1 10 Nov.png Size: 69 KB


Good Trading Folks!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #62,860
  • Nov 9, 2015 8:29pm Nov 9, 2015 8:29pm
Quoting tibovwh
{quote} Chart is very clear. Thanks! So you could close 0.4% and reopen while keeping your Initial SL the same? You don't really lock in profits or anything? I don't fully see the benefit of this as the position can still go against us for the full risk. Or do you keep this in mind when you see any sign of invalidation you close quickly? I have seen other charts where you add lots (say 0.2%) and you move your S/L to BE on the first lot (thus locking in a profit) while keeping initial risk the same on the full position. So how do you decide on what...

Hi tibovwh,

See chart below. I have 3 open trades 0.2% each and now the average entry price 0.6602.
The floating profit is total 218pips now.
I have several options now,
1) I can close the position all 3 trades now and walk away.
2) I can close the lower 2 trades, and keep the 1st trade open and let that run.
3) I can close all 3 trades now, and re-open a new basket using same 0.2% per trade and see if there will be retracement to build the position to full risk of 1%.
This mean I will have a new basket which is risk free because I have the profit from the first position of 3 trades. But this is trading with "house money" a gambler way of thinking which I am not.

Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSD Day chart trading 10 Nov update.png Size: 49 KB


But look at the D1 chart, we have an day Inside Bar yesterday. Is that a threat or an opportunity? another decision a trader need to make every day.
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSD Week 46 D1 chart 10 Nov.png Size: 30 KB


The rule of this game is to keep drawdown very small (below 10%) and to keep my account balance and equity healthy for continuous trading. Any drawdown above 10% is almost impossible to recover in 20 days trading. The drawdown hurts the mind more than the pocket.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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