Trading Made Simple

Quoting leescofield

Disliked

Time Frame Selection I never cease to be amazed that the selection of time frame is never considered in trading discussions. After being told, and then finding out for myself, that brokers, system sellers, auto robot sellers etc., and other scammers target wishful thinking wannabe traders with their M1, M5 and M15 time frames, it is hardly surprising that the majority blow their accounts within weeks, sometimes days. To just arbitrarily choose a time frame to trade is like choosing the first girl you date to be your wife. For many, that decision...

Ignored

Quoting emmanuel7788

Disliked

{quote} Hi Lee, Very good post and sharing. I think this deserves to be in a pdf so that members can download for future reference material. thanks regards,

Ignored

Quoting leescofield

Disliked

{quote} PDF attached.

Ignored

Quoting emmanuel7788

Disliked

{quote} In my Big Picture Planning document, I use the Monthly Line Chart (which is the MN Close Price) to look for price swing levels. This should not give too many lines in and around the current market. If it show too many lines, then you will see that the market is trading in very small choppy range. On the Weekly, you can do the same using the Weekly Line Chart. Same simple rule you use for the Monthly. But the simple way is just to use the previous Week Open, High, Low and Close (OHLC) as natural support and resistance. With both the MN swing...

Ignored

Quoting LazyLobster

Disliked

{quote} Emm: I'll give this a try.... This trader doesn't know what he needs. His focus is wrong. He talks about "needing" 120 trades with specific stops and profits. You don't need any of that garbage. You can't cookie cutter; rather you shouldn't cookie cutter this situation. Perhaps on a smaller time frame you could try ( I have and found mild success) but the path of least resistance is to find the trade on your chosen technique and adjust your lotsize for said trade on your TF. You don't need 120 trades a month. You could do it in one; yes...

Ignored

Quoting shay14

Disliked

Hi guys, been very busy with univeristy and dissertation I need a favour from some of you great traders, I have a series of interview style questions i will be using for my dissertation, it'd be extremely helpful if any of you could answer it, quote me and i will PM you the questions many thanks

Ignored

Quoting emmanuel7788

Disliked

{quote} See attached pdf. Why I long AU? Why do most moving average cross trade signals will cost many traders to lose money? Look at the pdf page 2 - Day chart. Do you want to know how to trade MA cross system with TMS 5-Method? If you want to use this 'ancient' MA cross trading system with TMS 5-Method, please post with reply with YES! {image}

Ignored

Quoting antonym

Disliked

{quote} Ok. I understand the use now. I see, you use s/r level very different from my understanding. This is new to me. Thank you. Ok. I post this: YES!

Ignored

Quoting emmanuel7788

Disliked

{quote} See attached pdf. Why I long AU? Why do most moving average cross trade signals will cost many traders to lose money? Look at the pdf page 2 - Day chart. Do you want to know how to trade MA cross system with TMS 5-Method? If you want to use this 'ancient' MA cross trading system with TMS 5-Method, please post with reply with YES! {image}

Ignored

Quoting emmanuel7788

Disliked

{quote} See attached pdf. Why I long AU? Why do most moving average cross trade signals will cost many traders to lose money? Look at the pdf page 2 - Day chart. Do you want to know how to trade MA cross system with TMS 5-Method? If you want to use this 'ancient' MA cross trading system with TMS 5-Method, please post with reply with YES! {image}

Ignored

Quoting emmanuel7788

Disliked

{quote} See attached pdf. Why I long AU? Why do most moving average cross trade signals will cost many traders to lose money? Look at the pdf page 2 - Day chart. Do you want to know how to trade MA cross system with TMS 5-Method? If you want to use this 'ancient' MA cross trading system with TMS 5-Method, please post with reply with YES! {image}

Ignored

Quoting emmanuel7788

Disliked

{quote} See attached pdf. Why I long AU? Why do most moving average cross trade signals will cost many traders to lose money? Look at the pdf page 2 - Day chart. Do you want to know how to trade MA cross system with TMS 5-Method? If you want to use this 'ancient' MA cross trading system with TMS 5-Method, please post with reply with YES! {image}

Ignored

Quoting emmanuel7788

Disliked

{quote} See attached pdf. Why I long AU? Why do most moving average cross trade signals will cost many traders to lose money? Look at the pdf page 2 - Day chart. Do you want to know how to trade MA cross system with TMS 5-Method? If you want to use this 'ancient' MA cross trading system with TMS 5-Method, please post with reply with YES! {image}

Ignored

Quoting emmanuel7788

Disliked

My confession when I started out in 2007 as a Newbie. I was in babypips forum and I learn from this great trader name Tymen1 and a few of his traders. Tymen1 was one of my online mentor and he taught me many things and I won't be at the high level of trading without this great man's mentoring. If you want to give yourself a chance and start as a newbie like me 8 years ago, go back to babypips and look up this gentleman. {image}

Ignored