Trading Made Simple | Page 3508 | 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

  • #70,141
  • Jul 12, 2016 4:35pm Jul 12, 2016 4:35pm
Quoting wannalearn12
{quote} I want to minimize risk of course. I'm just trying to figure out what's a good setup and what isn't

Big E said go for the best setups and have the odds in your favour.

I say go for the A+++ setups and use a proven money management strategy.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #70,142
  • Jul 12, 2016 4:49pm Jul 12, 2016 4:49pm
Quoting emmanuel7788
{quote} Big E said go for the best setups and have the odds in your favour. I say go for the A+++ setups and use a proven money management strategy.
Do you have any grade A +++ charts of your favorite pairs ?
  • #70,143
  • Jul 12, 2016 5:33pm Jul 12, 2016 5:33pm
Time now is GMT0032

H4 will close in about 30mins.

TMS Monitor shows the following:

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Jul 13 GMT 0030 H4 closing.png Size: 32 KB


Now we do our work and look at the individual charts and see if we can sell and buy those 4 pairs with steep TDI angle.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #70,144
  • Jul 12, 2016 5:49pm Jul 12, 2016 5:49pm
How are these TDI settings? In comparison to your own?
  • #70,145
  • Jul 12, 2016 5:51pm Jul 12, 2016 5:51pm
Quoting emmanuel7788
Time now is GMT0032 H4 will close in about 30mins. TMS Monitor shows the following: {image} Now we do our work and look at the individual charts and see if we can sell and buy those 4 pairs with steep TDI angle.
Why is it that mine looks completely different than yours? Can you share some insight on the settings?
  • #70,146
  • Jul 12, 2016 5:56pm Jul 12, 2016 5:56pm
Quoting wannalearn12
{quote} Why is it that mine looks completely different than yours? Can you share some insight on the settings?

you need to post your chart because I cannot see through your eyes remotely... how to help you.

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor TDI default settings.png Size: 105 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #70,147
  • Jul 12, 2016 6:06pm Jul 12, 2016 6:06pm
USDCAD H4 Jul 13 GMT010 buy setup:

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD H4 Jul 13 GMT0100 Buy.png Size: 28 KB


2 trades, one with TMS Big E' and the other with Medhi Method 2.

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD H4 Jul 13 buy trades.png Size: 18 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #70,148
  • Jul 12, 2016 8:48pm Jul 12, 2016 8:48pm
Hi Emmanuel,

What do you think about JPY pairs? After a huge rally it seems they have some potential for a down move, don't they? Or will it be considered counter-trend now?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 55 KB
  • #70,149
  • Jul 12, 2016 9:00pm Jul 12, 2016 9:00pm
Quoting emmanuel7788
USDCAD H4 Jul 13 GMT010 buy setup: {image} 2 trades, one with TMS Big E' and the other with Medhi Method 2. {image}
The tdi flat lined. What is that signal?
  • #70,150
  • Jul 12, 2016 9:56pm Jul 12, 2016 9:56pm
Quoting wannalearn12
{quote} The tdi flat lined. What is that signal?

you should know by now that I do not talk about signal or signals.

I only talk about trade setups... because when we trade with price action at support and resistance, we look for trade setups.

If you want to trade signals generated by technical indicators, you will lose more than you will win.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #70,151
  • Jul 12, 2016 9:59pm Jul 12, 2016 9:59pm
Quoting phi1ipp
Hi Emmanuel, What do you think about JPY pairs? After a huge rally it seems they have some potential for a down move, don't they? Or will it be considered counter-trend now? {image}

Hi,

it's possible for corrective moves, but I would not want to trade against the previous days bullish run.

to the left of your chart, there is congestion area which can be support , so must pay attention to the price action moving into support.

is there room enough for correction / counter trend trade?

Trade Well.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #70,152
  • Jul 12, 2016 10:49pm Jul 12, 2016 10:49pm
I see. So what determines an exit with a loss? Just your Stop loss? That sounds horrid. I am just trying to learn all I can.
  • #70,153
  • Jul 12, 2016 11:34pm Jul 12, 2016 11:34pm
Guys your thoughts on these 4 hr pairs at Europe open...Thanks to all
Attached Image
  • #70,154
  • Jul 13, 2016 12:02am Jul 13, 2016 12:02am
Quoting emmanuel7788
USDCAD H4 Jul 13 GMT010 buy setup: {image} 2 trades, one with TMS Big E' and the other with Medhi Method 2. {image}
Is not medhi method 2 near or above the yellow line for a buy?
Success means going from failure to failure without loss of enthusiasm
  • #70,155
  • Jul 13, 2016 12:28am Jul 13, 2016 12:28am
Quoting lisat
{quote}Is not medhi method 2 near or above the yellow line for a buy?

yes, you are correct. the TDI Green cross or bounce must be near to or above the yellow

there are more Big E' TMS setups trade opportunities than Medhi method 2.

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD H4 more TMS than Medhi.png Size: 49 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #70,156
  • Jul 13, 2016 3:47am Jul 13, 2016 3:47am
Quoting emmanuel7788
{quote} yes, you are correct. the TDI Green cross or bounce must be near to or above the yellow there are more Big E' TMS setups trade opportunities than Medhi method 2. {image}
That does look close but for me to take it the green would have to be through the yellow if even if the cross was underneath.
Success means going from failure to failure without loss of enthusiasm
  • #70,157
  • Jul 13, 2016 4:11am Jul 13, 2016 4:11am
for me TMS is the best system to fight easy the market today my result and how i open trade
Attached Image(s) (click to enlarge)
Click to Enlarge Name: today13.png Size: 105 KB
Click to Enlarge Name: explai13.png Size: 46 KB
  • #70,158
  • Jul 13, 2016 4:37am Jul 13, 2016 4:37am
Hello all,

I believe NZDUSD might be preparing to go short in a week or two.

Reasons:
Strong Divergence on the Daily.
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSD D1.PNG Size: 42 KB


Price has reached the 200 EMA on W1 ( 800ema on D1).

Currently it is ranging between High and Low of the 8th of July Candle. If it breaks to the downside, it will be a good opportunity to short long term.

What do you guys think?


Thanks,
Bill
focus, manage risk, rinse, repeat
  • #70,159
  • Jul 13, 2016 8:12am Jul 13, 2016 8:12am
Hello all!

I'm new here and halfway through Big E 's posts.

I started waking up at 1 am (eastern time) to look at setups.
Yesterday I took a short on USDJPY (on demo) and it failed.

I wonder what you think, how could I have avoided taking the trade?

Also I'm not sure to understand clearly what to look for in the Stochastics to prevent or allow me to take a trade?

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH4.png Size: 29 KB
  • #70,160
  • Jul 13, 2016 8:54am Jul 13, 2016 8:54am
this week trading manual with TMS system by phx62 dont afraid guys just open order when TDi and synergy apb bar and MA confirmed for me i put sl 50 and tp 50 and win all week my account is + each week i dont count pips but i like profit :-D . dont buy any system in internet again with TMS yu have yur wepon to fight market just lkearn well and apply the rule for me i trade more GBJPY , USDCAD max 2 pair GBJPY have big ADR to make profit each day .
NB: EA still backtest for 2000-2016 also i m back coding to set some think to increase profit like ea will trade H4 but will open order also with other low time frame but will follow h4 it this i try to add and done and send enjoy trading
Attached Image(s) (click to enlarge)
Click to Enlarge Name: result1.png Size: 111 KB
Click to Enlarge Name: result 2.png Size: 116 KB
Click to Enlarge Name: result 3.png Size: 116 KB
72 traders viewing now, 1 is registered:
eluo