Trading Made Simple | Page 3443 | 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

  • #68,841
  • May 4, 2016 6:16am May 4, 2016 6:16am
Quoting Yule
{quote} Thanks for the reply, Emmanuel. This chart show the exit of my trade yesterday. It happened when I woke up and saw this candle(Yellow vertical line) Can it be the BUOB? or that candle must close above the previous candle, so we consider it to be BUOB? {image} Regards

that is a spinning top candle (Japanese candlestick with upper and lower wicks) ... and happen around BRN 0.69000 and also Asian session.
the APB still show bearish strength.

one possible exit is to scale-out and take some profit, then move the protective stop to trail above the previous 2 candle high.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #68,842
  • May 4, 2016 7:36am May 4, 2016 7:36am
Quoting emmanuel7788
{quote} you must have downloaded the complete suite v7 from elsewhere. the pipware-chart.ex4 which I provided the link did not have any virus detected. http://www.forexfactory.com/showthre...17#post8202817
Hi Emmanuel

Very sorry I downloaded from pipware.com

Best regards,
  • #68,843
  • May 4, 2016 7:42am May 4, 2016 7:42am
Late getting into trade however confident of hitting TP
Attached Image (click to enlarge)
Click to Enlarge Name: EC 4Hr +42.png Size: 33 KB
Your trade order needs to be in the right place at the right time.
  • #68,844
  • May 4, 2016 8:14am May 4, 2016 8:14am
Quoting emmanuel7788
{quote} risky to trade against the higher TF - D1 and W1. and always wait for the candle to close to confirm any setup. {image}
Hi emm,

do you have a *.tpl for that mt4-layout at hand?
Would be great if you could share it (-:

Thank's in advance and greetings from Berlin
Haendlerin
Never give up!!
  • #68,845
  • May 4, 2016 8:57am May 4, 2016 8:57am
hey guys,
i have a problem on my mt4, i can't show my open trades on the chart screen. is it because i haven't closed my trades yet, or i am doing something wrong?
thanks for reply



regards
  • #68,846
  • May 4, 2016 9:07am May 4, 2016 9:07am
Quoting emmanuel7788
{quote} that is a spinning top candle (Japanese candlestick with upper and lower wicks) ... and happen around BRN 0.69000 and also Asian session. the APB still show bearish strength. one possible exit is to scale-out and take some profit, then move the protective stop to trail above the previous 2 candle high.
my friend can you help me learning this method? will you pls upload all your indicators and templates here? or give me the reference posts from where i can get best understanding of this method? i losted 150 pips in my real account i am fedup mate. pls help me
  • #68,847
  • May 4, 2016 3:24pm May 4, 2016 3:24pm
I got my butt kicked on UC, because I entered too early, on a questionable APB, and when TDI did not show a valid setup. My aggressive nature still kicks in from time to time. Sssssomebody stop me! 48 pips lost.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH4.png Size: 82 KB

EG, H4, long. My initial aim was at 100% 52 W1 ATR, but 60% is also good. Not the best angle for TDI, but I entered after BUOB, supported by D1 trend and W1 piercing line. 44 pips gained.
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPH4.png Size: 74 KB

EC, H4, long. D1 trend was confirming the upward move, and W1 printed an IB after a downward movement. I decided to exit when PA started to stall around the 60% target. After that, it went up to 100%. 122 pips gained.
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADH4.png Size: 85 KB

GC, H4, long. I got out when PA pulled back and TDI crossed back down. 52 pips gained.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCADH4.png Size: 89 KB

GBPCHF, H4, short, similar story as GC. 39 pips gained, after PA started showing weakness on the MN support area.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCHFH4.png Size: 83 KB
  • #68,848
  • May 4, 2016 3:42pm May 4, 2016 3:42pm
Quoting BridgeWater
{quote} You must know about indicator on post #68,646 that i create base on Emm Post #68,585 and #68,609. So, its nothing wrong with that indicator. But, if you want it calculated base on High/Low of current week, try this one. I made custom indicator for anyone who need ATR(52) week representated on chart by horisontal line, divided to 40%, 60%, and full 100% for each direction. hope its usefull, enjoy! {image} {file}
Hey, man!

Nice job on that indi! Now I don't have to keep calculating and measuring on the charts, thanks to you.

I was wondering if you can code something for ME/ME, too. Limits and stops orders, with the value we input, as many orders as we want. For example, if I want to use 0,5x100 ADR as the distance between my ME/ME positions, and the ADR is 120, I would have to just input 60 (which is 0,5x100 D1 ADR), and set the number of orders. As Emm says, we use maximum 5 orders. So I would input the number 5, and the indi would open a new trade at every 60 pips, maximum 5 trades. Also we must have the lot size input option.

I am not sure if it is difficult or not to do, but if you could do it, I am sure many TMS traders would find your indi very useful, including myself, who hates placing all these orders manually.

As an addition, maybe you could put the possibility to chose if the new trade will open before or after 4 hours. Emm says we have to wait at least 4 hours before opening a new position. So if we could have this option on/off for this 4 hour rule, it would be wonderful.

I am looking forward for your reply. Have a good day!
  • #68,849
  • May 4, 2016 7:52pm May 4, 2016 7:52pm
rather quiet Asian session with Japan bank holiday so good time to catch up with some reading which is a good way to check and maintain our trading discipline by not making any mistakes.

An old article on the The Ten Tasks of Top Trading.
Attached File(s)
File Type: pdf The Ten Tasks of Top Trading.pdf   1.1 MB | 2,060 downloads
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #68,850
  • May 5, 2016 12:09am May 5, 2016 12:09am
Quoting Haendlerin
{quote} Hi emm, do you have a *.tpl for that mt4-layout at hand? Would be great if you could share it (-: Thank's in advance and greetings from Berlin Haendlerin

Hallo,

Attached a basic template for the mini-charts basic setup as shown in the chart below.

You need the pipware-charts.ex4 in your mql4/indicator/ folder.

Please note that you also need to have two indicators in order for the pipware-charts.ex4 to work correctly.
1) a version of Heiken Ashi
2) Traders_Dynamic_Index (note the proper name with '_').

You can load other indicators onto you price chart - the Synergy_APB or the Heiken Ashi_DM version.
Also add your own 5EMA,Typical Price, Shift+3.

Attached Image (click to enlarge)
Click to Enlarge Name: pipware basic template.png Size: 40 KB


Attached Image (click to enlarge)
Click to Enlarge Name: pipware Jap candles and MAs.png Size: 139 KB


Attached Image (click to enlarge)
Click to Enlarge Name: pipware TDI chart setup.png Size: 124 KB


regards,
Attached File(s)
File Type: tpl !#_minicharts basic template.tpl   15 KB | 771 downloads
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #68,851
  • May 5, 2016 12:10am May 5, 2016 12:10am
Hello,
I just take (new H4 candle) trade
It is CT (countertrend), green/red cross, cross yellow line
Price is still on support line, D1 is downtrend

TP I expect is 38% of Fibonacci, price 0-7550


please, comment
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AU 7.00.PNG Size: 46 KB
Click to Enlarge Name: Snap2.png Size: 48 KB
  • #68,852
  • May 5, 2016 12:19am May 5, 2016 12:19am
Hey guys. I am a new follower to this amazing thread.I have setup my charts based on the first post. I will attach a screenshot of my chart. can someone pls update me on the things that you guys added/improved to the strategy. I saw many new things like BRN RN. can someone pls upload the indicators for it.
currently I have :
Synergy_APB
Moving average (5)
TDI red greeen
Stochastic_color_v1.02classicC

Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 218 KB
  • #68,853
  • May 5, 2016 12:26am May 5, 2016 12:26am
Quoting Trader MT4
Hello, I just take (new H4 candle) trade It is CT (countertrend), green/red cross, cross yellow line Price is still on support line, D1 is downtrend TP I expect is 38% of Fibonacci, price 0-7550 please, comment {image} {image}

HI,

I can only say it is very nice entry and I would make 3% when market hit your TP around 0.7600....

Now you have to manage this trade(s).


regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #68,854
  • May 5, 2016 12:27am May 5, 2016 12:27am
I took NZDUSD too.
Price divergence,
HLS (higher Low structure) swing

Target: 0.7000
Attached Image (click to enlarge)
Click to Enlarge Name: NU 7.00.PNG Size: 51 KB
  • #68,855
  • May 5, 2016 12:36am May 5, 2016 12:36am
I DID NOT take EUR AUD short, because price is in Sideways.
On D1 chart price is on S/R line, possible bounce from that line to short.
I Will wait break of H4 sideways.
Attached Image (click to enlarge)
Click to Enlarge Name: EA.PNG Size: 39 KB
  • #68,856
  • May 5, 2016 1:16am May 5, 2016 1:16am
Quoting Trader MT4
I took NZDUSD too. Price divergence, HLS (higher Low structure) swing Target: 0.7000 {image}

Actually, looking at AUDUSD and NZDUSD,
AUDUSD is the better choice with clear room up for potential TP.
NZDUSD is sideways wide range, but with recent resistance seen to the left and the 50EMA above and BRN , this would not be first choice.

We never know, both may turn out winners today.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #68,857
  • May 5, 2016 1:18am May 5, 2016 1:18am
Quoting Trader MT4
I DID NOT take EUR AUD short, because price is in Sideways. On D1 chart price is on S/R line, possible bounce from that line to short. I Will wait break of H4 sideways. {image}

This is very interesting when you look at the H4 TDI and the momentum of the Price Action... momentum is losing steam but not likely to turn down so easily.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #68,858
  • May 5, 2016 1:21am May 5, 2016 1:21am
Quoting mabooz
Hey guys. I am a new follower to this amazing thread.I have setup my charts based on the first post. I will attach a screenshot of my chart. can someone pls update me on the things that you guys added/improved to the strategy. I saw many new things like BRN RN. can someone pls upload the indicators for it. currently I have : Synergy_APB Moving average (5) TDI red greeen Stochastic_color_v1.02classicC {image}
BRNs and RNs

BN Levels : Post#22,389 (also read post#49,341)
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #68,859
  • May 5, 2016 1:40am May 5, 2016 1:40am
Quoting jamboole
hey guys, i have a problem on my mt4, i can't show my open trades on the chart screen. is it because i haven't closed my trades yet, or i am doing something wrong? thanks for reply regards

this could be the cause...

menu Tools/Options/ check the Show Trades box option.

Attached Image (click to enlarge)
Click to Enlarge Name: MT4 Tools Options show trades.png Size: 84 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #68,860
  • May 5, 2016 1:44am May 5, 2016 1:44am
Quoting lotsofsweet
{quote} my friend can you help me learning this method? will you pls upload all your indicators and templates here? or give me the reference posts from where i can get best understanding of this method? i losted 150 pips in my real account i am fedup mate. pls help me

Best thing to do is spend your next 100 hours and read all of Big E's post and study his training charts.
This will be your best 100 hours investment that will save you lot of money.
When you have questions, please post a chart and ask. I do my best here to help you and anyone who need my help.

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 trading methods.
5-Method and 21/233 Method Post#3018, Post#4104,

In Post#1, he explained how he traded the H4 chart timeframe and he also trade the H1 chart during the NY session. This suited his lifestyle being retired and the time zone he lived. Sadly he passed away in Oct 2012.

Two very important posts: Post#261 and Post#647, give a simple summary of what this 5-Method is and the basic forex stuff we check before we look for the TDI setups to trade.

TMS 5-Method Basic Rules: Post#53,841
Always check the #1- Price Action first, then #2- TDI Post#3142

The original indicators and template … Post#25
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
458 traders viewing now