Trading Made Simple | Page 3524 | 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

  • #70,461
  • Aug 2, 2016 2:56am Aug 2, 2016 2:56am
TP1
Attached Image (click to enlarge)
Click to Enlarge Name: ForexTime (FXTM) MT4.png Size: 93 KB
2% target/Month !
  • #70,462
  • Aug 2, 2016 5:50am Aug 2, 2016 5:50am
i want to post pic,
but i got curious about the comm synergy arrow.
and i have the arrow on my chart.

Well Emmanuel, Big E mention about
"I only trade 1hr charts during the the 1st 3 hours of the USA OPEN and 4hr trades at night. I check for set ups at 10pm Pacific,2am and close all 4 hour trades by 6am Pacific...."

i just wanna know should i hold it until theres HOOK-FLAT even it pass 6am pacific time or just straight with the rules, 6am all TRADES CLOSE.
one of my live trade, if you allow me to post the pic with arrows i will post(i have the comm synergy arrow there), if not this is it for USD/NOK H4 SHORT @8.7594 (3am pacific time maybe) now price still hanging @8.44397. please have time to take a look.
  • #70,463
  • Edited 7:21am Aug 2, 2016 7:08am | Edited 7:21am
Quoting vascoti
i want to post pic, but i got curious about the comm synergy arrow. and i have the arrow on my chart. Well Emmanuel, Big E mention about "I only trade 1hr charts during the the 1st 3 hours of the USA OPEN and 4hr trades at night. I check for set ups at 10pm Pacific,2am and close all 4 hour trades by 6am Pacific...." i just wanna know should i hold it until theres HOOK-FLAT even it pass 6am pacific time or just straight with the rules, 6am all TRADES CLOSE. one of my live trade, if you allow me to post the pic with arrows i will post(i have the comm...

US session just open. If you look at the H1 charts of those 8 pairs which Big E used to trade, there are no trade opportunity now.
So we look at H4 which will close in 1 hour (GMT1300). Do you see any trade setups?

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Aug 2 GMT1200.png Size: 14 KB


AUDUSD below:

do you want to chase the H4 APB#2? Big candle!!!
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD multi-chart Aug 2.png Size: 60 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #70,464
  • Edited 6:14pm Aug 2, 2016 7:18am | Edited 6:14pm
A little confused about original TMS by big E. Attached is 1H AUDCAD.
Around 1 hour ago, the stoch chart went down, which perfectly matched TSI green crossing red with good angle.
Also the first red PA appeared. I suppose it is a good entry for short ... 2nd candle entry
1 hour later, the price went up. Stoch line changed/repainted and it is flat now. Looking back, seems the entry 1 hour ago is not a valid one for the repainting of stoch line

Updated: adding a new chart of AUDCAD as of now. TDI was repainted and the original crossing nearly disappeared
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDCADH1.png Size: 40 KB
Click to Enlarge Name: AUDCADH1_1.png Size: 47 KB
Trade your belief, trade like Emmanuel
  • #70,465
  • Aug 2, 2016 8:15am Aug 2, 2016 8:15am
EURUSD live realtime example comparing TDI Red Green and the TDI Pro.

the TDI Red Green shows TDI Green line is flat.
the TDI Pro shows Green cross Red with arrow.

what do you see in the price action?

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD H4 TDI Red Green vs TDI Pro.png Size: 59 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #70,466
  • Aug 2, 2016 8:21am Aug 2, 2016 8:21am
Quoting emmanuel7788
{quote} US session just open. If you look at the H1 charts of those 8 pairs which Big E used to trade, there are no trade opportunity now. So we look at H4 which will close in 1 hour (GMT1300). Do you see any trade setups? {image} AUDUSD below: do you want to chase the H4 APB#2? Big candle!!! {image}
IMHO, it maybe a real Daily IB breakout this time... some decent pull-back expected though.
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-08-02_22-19-29.png Size: 9 KB

Gold, NZD and JPY draw my attention more right now though...
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #70,467
  • Aug 2, 2016 8:24am Aug 2, 2016 8:24am
Quoting emmanuel7788
EURUSD live realtime example comparing TDI Red Green and the TDI Pro. the TDI Red Green shows TDI Green line is flat. the TDI Pro shows Green cross Red with arrow. what do you see in the price action? {image}

The bar you pointed to seems of of been unable to make a new high,

plus tdi is overbought in the 68 range,
plus the mbl is by the 68 range
you would not see me buying there, that's for sure
  • #70,468
  • Aug 2, 2016 8:25am Aug 2, 2016 8:25am
Quoting heispark
{quote} IMHO, it maybe a real Daily IB breakout this time... some decent pull-back expected though. {image}



its H4 Inside Bar breakout and also D1 Inside Bar breakout all hidden by the APB/HA body colour.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #70,469
  • Aug 2, 2016 8:26am Aug 2, 2016 8:26am
Quoting emmanuel7788
EURUSD live realtime example comparing TDI Red Green and the TDI Pro. the TDI Red Green shows TDI Green line is flat. the TDI Pro shows Green cross Red with arrow. what do you see in the price action? {image}
I have tried the tdi pro with arrows and yes I even bought it but I found the arrows are at least one bar too late. In the price action is an inside bar.
Success means going from failure to failure without loss of enthusiasm
  • #70,470
  • Aug 2, 2016 8:52am Aug 2, 2016 8:52am
Emmanuel,

yeap..missed AUDUSD.
and GBPUSD too.

yes H1 chart already running half or nearly end according to TDI end since 6 hours ago..
will look again tomorrow morning.

i'll wait untill AUDUSD bounce again.

Quoting emmanuel7788
{quote} US session just open. If you look at the H1 charts of those 8 pairs which Big E used to trade, there are no trade opportunity now. So we look at H4 which will close in 1 hour (GMT1300). Do you see any trade setups? {image} AUDUSD below: do you want to chase the H4 APB#2? Big candle!!! {image}
  • #70,471
  • Aug 2, 2016 8:55am Aug 2, 2016 8:55am
Quoting kain775
{quote} The bar you pointed to seems of of been unable to make a new high, plus tdi is overbought in the 68 range, plus the mbl is by the 68 range you would not see me buying there, that's for sure

Also there is a daily trendline at around 1.12300


madness to go long at this stage on h4 if you ask me...
  • #70,472
  • Aug 2, 2016 9:04am Aug 2, 2016 9:04am
Quoting kain775
{quote} Also there is a daily trendline at around 1.12300 madness to go long at this stage on h4 if you ask me...
Most of the traders from a local group I belong to trade the daily which is why I used to and they were long on EU since last week and would have used the inside bar breakout to add to the trade not go in with a fresh trade.
Success means going from failure to failure without loss of enthusiasm
  • #70,473
  • Aug 2, 2016 11:23am Aug 2, 2016 11:23am
Quoting vascoti
Emmanuel, yeap..missed AUDUSD. and GBPUSD too. yes H1 chart already running half or nearly end according to TDI end since 6 hours ago.. will look again tomorrow morning. i'll wait untill AUDUSD bounce again. {quote}
There is a parameter called ADR (average daily range). "Missing" a move within that ADR is usually to blame on poor indicators setup, ignorance or lack of good price action - indicators are not needed to see price action.

A currency pair will make moves to reach that daily ADR, in 80-90% of the trading days. Also in a lot of those moves, there is supporting price action to go with it and that is where you should be in. Below I attached two examples of random ADR reaching of a currency pair, and a ADR reached by sustained price action movement.

So when you miss a trade, ask yourself what kind of movement was it? Was it erratic exuberance or solid price action? Then you can judge what happened and why you missed it. Using ADR to gauge movement potential is very important. Please read Emm's posts to learn basic TMS and supporting knowledge, before asking other types of questions.

When a pair you are watching is reaching the ADR with nice PA, and you were on the sidelines, only then you can say you "missed it".

You should not beat yourself for missing trades. Being sorry for not being in a trade is better than being sorry for being in a trade.

Attached Image (click to enlarge)
Click to Enlarge Name: Unbenannt1.png Size: 54 KB


Attached Image (click to enlarge)
Click to Enlarge Name: Unbena1nnt.png Size: 44 KB
Best regards, Zef
  • #70,474
  • Aug 2, 2016 9:33pm Aug 2, 2016 9:33pm
Hi, Emma, I have a question. How do I show the ATR index in my main window? I chose to insert technical indicators ATR it is only displayed in my technical indicators 2 window, drag also does not play a role
Attached Image (click to enlarge)
Click to Enlarge Name: 无标题.png Size: 54 KB
  • #70,475
  • Aug 2, 2016 10:14pm Aug 2, 2016 10:14pm
Quoting emmanuel7788
AUD rate reduced to 1.5% as forecast. Did that change the direction of AUDUSD and ADUJPY? H1/M30/M15 traders got confused , is it up or down? some traders say the oscillators like TDI, RSI, show oversold so they went and buy. H4 and D1 chart traders stick to what their charts shows with the Price Action and TDI confirmation. the next question is GBP when the BOE announce it rate on this week. Will it reduced to 0.25%. Observe closely all the GBPxxx pairs, do you see a direction ahead of that BOE announcement? On the day before the BOE announcement,...
Dear emm and all traders,

I would like to highlight that H4 trades for some pairs can be affected by news if the SL is not wide enough.
  • #70,476
  • Aug 2, 2016 10:26pm Aug 2, 2016 10:26pm
Quoting wheelbarrowe
Hi, Emma, I have a question. How do I show the ATR index in my main window? I chose to insert technical indicators ATR it is only displayed in my technical indicators 2 window, drag also does not play a role {image}
Here is an indicator attached, someone shared that here before.
Attached File(s)
File Type: ex4 Average Daily Range Pro Calculator.ex4   63 KB | 338 downloads
  • #70,477
  • Aug 2, 2016 10:28pm Aug 2, 2016 10:28pm
Dear emm, I have some questions on the TMS 5 method.
1. do you strictly only enter on apb 1 or 2 only?
2. do we enter if price broke resistance or support with no tdi hooking (already hooked prior current candle and continue trend)
3. for oversold / overbought region, is medhi's method (above 80 and below 20) reliable?
  • #70,478
  • Aug 2, 2016 11:41pm Aug 2, 2016 11:41pm
Can we use TDI divergences in BigE's method? For an example, in the attached image of NZD 4H chart, there is a bearish divergence correct? (Please correct me if I'm wrong, I'm still learning about these stuff )

So can I expect a big move to the downside?

Also in the daily chart, a head and shoulders pattern is likely to form
Attached Image(s) (click to enlarge)
Click to Enlarge Name: NZDUSDH4.jpg Size: 156 KB
Click to Enlarge Name: NZDUSDDaily.png Size: 44 KB
  • #70,479
  • Aug 3, 2016 12:31am Aug 3, 2016 12:31am
Quoting lisat
{quote}I have tried the tdi pro with arrows and yes I even bought it but I found the arrows are at least one bar too late. In the price action is an inside bar.
Hi,

You are right.
That synergy pro tdi arrow is not the true TDI PL Green cross TSL Red.
Look at my screen capture in live market today.

use that with caution and rely more on the actual price action we see on our price charts.

regards,
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD TDI compare M15 3-8-2016 1-27-52 PM.png Size: 58 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #70,480
  • Aug 3, 2016 12:42am Aug 3, 2016 12:42am
Quoting SlownSteadyy
Can we use TDI divergences in BigE's method? For an example, in the attached image of NZD 4H chart, there is a bearish divergence correct? (Please correct me if I'm wrong, I'm still learning about these stuff ) So can I expect a big move to the downside? Also in the daily chart, a head and shoulders pattern is likely to form {image} {image}
You can use Divergence with the RSI provided you know what is Divergence and How to use that correctly.
Most of the divergence trades I see posted here in FF are not really divergence trades although they were posted shown as winning trades. From my view of the trades charts, those trade were more has to do with price action and support & resistance, and has nothing to do divergence as the trade setups.

If you want to trade with RSI divergence, then you must read this book and learn how to spot divergence correctly and use that effectively.

Read this book
RSI: The Complete Guide Post#27,110 by John Hayden
The Truth about Divergence ... read Chapter 4 Page 65
Trend Determination using the RSI (TDI) Post#26,774

Note: the TDI is created using the RSI data, and applying moving averages to the selected RSI data period. This is known as Fozzy-RSI which had been around much earlier before the TDI.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
154 traders viewing now