Trading Made Simple

Quoting mkfx

Disliked

{quote} Yes It is EA which manage every thing of Trade ( SL, TP, TS reopen etc) once a decision is taken on entry of First Trade. Thanks MK

Ignored

Quoting emmanuel7788

Disliked

{quote} {quote} Hi tibovwh , Hi MKFX, you two are the most active in ME/ME trading and in development of trade manager. see attached pdf notes for your own study and development of your trade manager for ME/ME trading. hope this will help with some input to make your trade manager better and better understanding of the money management strategy. regards, {image}

Ignored

Quoting wannalearn12

Disliked

{quote} Saved by the bell. Double confirm - no trade.

Ignored

Quoting kain775

Disliked

{quote} gbpusd JUST went crazy after the sunderland results were revealed, 730 pip drop in a few minutes. i hope all here out of the markets and are not trading right now....

Ignored

Quoting kain775

Disliked

{quote} gbpusd JUST went crazy after the sunderland results were revealed, 730 pip drop in a few minutes. i hope all here out of the markets and are not trading right now....

Ignored

Quoting mabooz

Disliked

Always remember before adding any more indicators or anything make sure you tried it the way it was created originally. Big E said simplicity is the key. I know there is no way to stop others from adding other indicators. It's human nature. I would appreciate it if you did not post those indicators on this thread. Please start your own thread if necessary. It's a lot of work. stop adding so many things and use the original stuff. Big E spent 2 years to develop this. all these trades made within last hours using this method ofc with the. candle 1...

Ignored

Quoting blackfriday

Disliked

{quote} Hi Emmanuel, thank you very much for your guidance, the tips in your document are very helpful! During the last weeks, I did some ME/ME trading with my trade manager. Technically, everything is working fine and according to the rules, but my main problem is cutting losses early and early identification of invalidation. Please take a look at my example below: GBPJPY D1 {image} First entry is done right after TDI cross on April 12th. Everything went by the rules, TP every 100 pips and automatic re-enter, build up position every 0.5xADR. The...

Ignored

Quoting blackfriday

Disliked

{quote} Hi Emmanuel, thank you very much for your guidance, the tips in your document are very helpful! During the last weeks, I did some ME/ME trading with my trade manager. Technically, everything is working fine and according to the rules, but my main problem is cutting losses early and early identification of invalidation. Please take a look at my example below: GBPJPY D1 {image} First entry is done right after TDI cross on April 12th. Everything went by the rules, TP every 100 pips and automatic re-enter, build up position every 0.5xADR. The...

Ignored

Quoting kain775

Disliked

{quote} Last week, I traded H4 when the market was in that D1 WRB. Today I took 95pips and re-enter on H4. {image}

Ignored

Quoting emmanuel7788

Disliked

EURCAD D1 chart sell zone on June 22...anyone?

Ignored

Quoting Downunder

Disliked

{quote} Thank you Emmanuel, the Pdf for tibovwh & MKFX very helpful to my study also.. I'm in process of testing/tweaking my trade manager with ME/ME trading scenarios although difficult at moment due to travelling UK with laptop and wife.. (She wants to see UK before return to Oz in Oct) Hope to become more ME/ME forum active in coming months when I can leave my EA running. Cheers

Ignored

Quoting wannalearn12

Disliked

{quote} Thank you for such a great and detailed answer! I am using the TDI and Stoch from I think post #25, I prefer to trade the 4h with the daily trend lining up, I don't mess with ranging markets ect. These indicators are still relevant and will work correct? I have read every EF post but I will go back and study his charts. The man was a true blessing and so are you, again thank you!

Ignored

Quoting emmanuel7788

Disliked

{quote} Hi, based on your entry with TDI cross, the ME/ME trade would have result with 2 ME trades, with 0.5ADR as the Me trade distance. With minimum profit protection set to 0.5ADR, and when the market move above the 0.5ADR nos of pips, your trade management should be to exit when TDI M15 cross in reverse. Otherwise, you trail using the 2 days look back and this would have stopped out your trades before the trade invalidation i.e. the TDI cross in D1 TF. see chart below. Always update and follow what the price action is showing as each new day...

Ignored

Quoting emmanuel7788

Disliked

{quote} Hi Malcolm, The logical Initial SL depends on the volatility of the currency pair. For EU, trading on H4, I will look at the most recent swing high or low and place my initial SL there. You can also checkt the ATR(10) on H4 and use 2xATR(10) for the SL distance from Entry Price. I know other traders use ATR(7) of the period traded, but I would compare both and see which will be best looking at the swing high/low and the Price Action at the time of the trade entry. Pay attention to exceptional long H4 candles, do not chase after it. If you...

Ignored

Quoting emmanuel7788

Disliked

{quote} EURCAD ME/ME trades closed. 1 loss, 2 wins. {image}

Ignored

Quoting JosephXiX

Disliked

{quote} Emmanuel, Can you please explain a few discrepancies on your posted chart?! You show an "exit" being plotted to a non existent candle?!! The plotting lines are also different on 2 trades?!? Appears to be a Photoshop touched graphic!? Can you please explain this? Thanks. {image}

Ignored

Quoting inforserve

Disliked

Pull the trigger when the media confirmed almost certain about Brexit & when it pullback around 32% of Fib. Total around +80 pips {image}

Ignored

Quoting emmanuel7788

Disliked

{quote} Wow! you traded on this special day in our world history. The UK people has voted. I lost 500pounds betting that UK Remain. Now we get back to our retail trading. I will let the market settle down next week and not take any low probability trade setups. Better pay attention to just the currency majors next week.

Ignored