Trading Made Simple | Page 3604 | 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

  • #72,061
  • Oct 10, 2016 7:42am Oct 10, 2016 7:42am
Quoting fleurdelys
I opened buy USD YEN H4 : tms ok + bullish engulfing I do not know if this is correct {image}
looks good to me . took this trade earlier in the morning as well.
  • #72,062
  • Oct 10, 2016 8:23am Oct 10, 2016 8:23am
Quoting fleurdelys
I opened buy USD YEN H4 : tms ok + bullish engulfing I do not know if this is correct {image}
Hi fleurdelyas! I'm also in this trade. We as retailers can do what our system tells us,however, the market is always right.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-h4.png Size: 48 KB
Winners Never Quit, Quitters Never Win
  • #72,063
  • Oct 10, 2016 8:55am Oct 10, 2016 8:55am
Quoting emmanuel7788
{quote} EURUSD , USDJPY and AUDJPY h4 looking good now. Possible to scalp these for few pips like Big E used to do. {image} {image} {image}

scalping for few pips? what are the profit targets? do you use ME/ME? and profit objectives are they based on atr or adr ?
Please emm we would be grateful if you elaborate more on that and big thanks keep up the good work man
  • #72,064
  • Oct 10, 2016 10:35am Oct 10, 2016 10:35am
Hey everyone just my 2 cents but don't get caught up in your winning trades of certain setups and think that's the only outcome when you see the perfect setup. When all the stars align it just puts the trade highly in your favor. Trading is a probabilities game. The trade still could go against you and that's where you MM and trade management skills come into play. Happy pips everyone!
Gentlemen always play by the rules, if they can't, they change them.
  • #72,065
  • Oct 10, 2016 12:26pm Oct 10, 2016 12:26pm
To those of you who are still interested in the TMS skype group.. Please pm me your skype and I will add you to the group..

Focus at the moment is on finding day trading setups as well 4HR trade setups..

We are learning everyday and it would great to have you on board..

Its an exciting group to be a part of and I see great things for the future...

Don't be one to miss out when in 2 years time you will be regretting the journey we are on.
It's in fear when people show what they truly value.
  • #72,066
  • Oct 10, 2016 4:07pm Oct 10, 2016 4:07pm
Hy guys, glad to see your results. Hard work pays off

@emmanuel7788 : Emm, i'm studying the traditional version of the RSI with standard settings, and i'm doing very well!

I've read John Hayden's RSI book and a lot of web material, and i'd like to know if you have any other material to suggest for this indicator.

Good trading.
It's not over, until I win.
  • #72,067
  • Oct 10, 2016 4:26pm Oct 10, 2016 4:26pm
I am trying learn this strategy

but me is confused, the ME/ME strategy is a part of the TMS strat or r they different?

as I see lots discuss 'bout it...

Thnxs 4 ur hlp
pippin'
  • #72,068
  • Oct 10, 2016 4:48pm Oct 10, 2016 4:48pm
Quoting ensale
To those of you who are still interested in the TMS skype group.. Please pm me your skype and I will add you to the group.. Focus at the moment is on finding day trading setups as well 4HR trade setups.. We are learning everyday and it would great to have you on board.. Its an exciting group to be a part of and I see great things for the future... Don't be one to miss out when in 2 years time you will be regretting the journey we are on.

Hey Ensale is this group open to anyone who wants to join? Novices or Pros alike?
Gentlemen always play by the rules, if they can't, they change them.
  • #72,069
  • Oct 10, 2016 4:53pm Oct 10, 2016 4:53pm
Quoting Bsmile44
{quote} Hey Ensale is this group open to anyone who wants to join? Novices or Pros alike?
Yep indeed. open to all..
It's in fear when people show what they truly value.
  • #72,070
  • Edited 6:32pm Oct 10, 2016 6:18pm | Edited 6:32pm
Quoting ItaTrader93
Hy guys, glad to see your results. Hard work pays off @emmanuel7788 : Emm, i'm studying the traditional version of the RSI with standard settings, and i'm doing very well! I've read John Hayden's RSI book and a lot of web material, and i'd like to know if you have any other material to suggest for this indicator. Good trading.

Hi ItaTrader,

Good to hear that you are trading well. It is your own hard work and also by actively participating in this thread taking in the good stuff, working on them and progress.

There are other books on the RSI and also books which discuss trading systems using different indicators like MACD, Stochastics, RSI, CCI, etc.
But I think for TMS system development, the book by John Hayden is quite enough as he is also using the Fozzy-RSI which the TDI is. There are still a few features of the Fozzy-RSI which TMS traders can learn and master.

Instead of book on technical indicators, I recommend that traders should read and learn from are books which discuss money management strategies and mental strategies for investors and traders. The trading method like TMS 5-method is not more than 10% of a winning system. I spent a lot of time the past 5 years on researching and studying mental strategies of successful investors/traders.

Attached Image (click to enlarge)
Click to Enlarge Name: Components of a Winning System.png Size: 93 KB


Stay tune for more goodies,

Trade Well.

one old post to read:
http://www.forexfactory.com/showthre...93#post6680493
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #72,071
  • Oct 10, 2016 6:19pm Oct 10, 2016 6:19pm
Quoting ensale
{quote} Yep indeed. open to all..

I'll join soon once I sorted out a few things this week.
I hope I can bring somethings to the table.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #72,072
  • Oct 10, 2016 6:26pm Oct 10, 2016 6:26pm
Quoting Bsmile44
Hey everyone just my 2 cents but don't get caught up in your winning trades of certain setups and think that's the only outcome when you see the perfect setup. When all the stars align it just puts the trade highly in your favor. Trading is a probabilities game. The trade still could go against you and that's where you MM and trade management skills come into play. Happy pips everyone!

Very good post!

As traders we must not let a few winning trades affect our emotions and become euphoric.
If we all learned from what happened in the market last week with the GBP, many investors/traders get slaughtered for different reasons. Some traders suffered huge cut-loss,margin calls, and even their whole 2016 year winnings wipe out in few seconds. They blame it on algo HFT systems but the real reason for thier losses is a lot different.

Always remain focus on the trading task which we need t perform in time of winnings and also when we have a string of losses.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #72,073
  • Oct 10, 2016 6:30pm Oct 10, 2016 6:30pm
Quoting fleurdelys
I opened buy USD YEN H4 : tms ok + bullish engulfing I do not know if this is correct {image}

WOW!

good trade... and nice reversal bar pattern which you picked.

I see a limit order there. Where did you learn that from?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #72,074
  • Oct 10, 2016 6:59pm Oct 10, 2016 6:59pm
TMS Monitor Sydney Open on D1 charts trading:
2 TMS conditions alerts, go to my chart and see if those alerts are what i look for in my this week's trade plan.


Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Oct 11 D1 Sydney Open.png Size: 27 KB


http://www.forexfactory.com/showthre...68#post8753868
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #72,075
  • Edited 9:46pm Oct 10, 2016 9:35pm | Edited 9:46pm
Quoting Bsmile44
Hey everyone just my 2 cents but don't get caught up in your winning trades of certain setups and think that's the only outcome when you see the perfect setup. When all the stars align it just puts the trade highly in your favor. Trading is a probabilities game. The trade still could go against you and that's where you MM and trade management skills come into play. Happy pips everyone!
The PSYCHOLOGY of a trader plays a very significant part in his success. Here is a psychological part of a highly successful trader i.e, BigE, we always learn from each other.
Quote
Every time I trade I image going to the bank with my wheel barrow . I know there
going to pay me.. . I just don't know how much today . Throw your fear into the trash...
walk away and don't look back. I tell the market in my minds eye " I refuse to be
beaten.. . I'm smarter than you because I've figured out an easy system to whop your
butt". Don't take any crap from the market... your better than it is... don't listen to
the downer rumors and excuses... kick ass in your mind and your attitude towards the
market...
and this one too.....
Quote
Every time I enter a trade I Expect T o Win.. . right from the get go . If I'm not sure
because of what I'm seeing I'll pass and find another set up... therefore the wheel
barrow is required equipment to trade this simple method...
Winners Never Quit, Quitters Never Win
  • #72,076
  • Oct 10, 2016 9:40pm Oct 10, 2016 9:40pm
Quoting emmanuel7788
{quote} Hi ItaTrader, Good to hear..........investors/traders. {image} Stay tune for more goodies, Trade Well. one old post to read: http://www.forexfactory.com/showthre...93#post6680493
Hi emmanuel 7788! thnx a lot for a very informative post as always.
Winners Never Quit, Quitters Never Win
  • #72,077
  • Oct 10, 2016 10:02pm Oct 10, 2016 10:02pm
My trade on 4 hr chart.

don't mind the yellow line on TDI
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2016-10-10 at 9.52.24 p.m..png Size: 102 KB
  • #72,078
  • Oct 10, 2016 10:29pm Oct 10, 2016 10:29pm
Quoting chino
My trade on 4 hr chart. don't mind the yellow line on TDI {image}
I'm in that trade, almost there. your sl is too tight. BigE said about SL
Quote
The safest way is to place your S/L at the last hi or low a couple
of candles back...
Attached Image (click to enlarge)
Click to Enlarge Name: audusd-h42.png Size: 48 KB

update: trade closed 24 pips.
Winners Never Quit, Quitters Never Win
  • #72,079
  • Oct 10, 2016 10:49pm Oct 10, 2016 10:49pm
Quoting hsn100
{quote} I'm in that trade, almost there. your sl is too tight. BigE said about SL {quote} {image} update: trade closed 24 pips.
I put that i move the SL in green as I'm not Big E, but i will follow the entry and exit set ups as Big E i just like to move the SL in green so if I'm away or something happened well i get a win trade, rather have some green pips than lose them.

Wish you have wait a little bit more in the trade I'm now 44 pips green but well done
  • #72,080
  • Oct 10, 2016 10:51pm Oct 10, 2016 10:51pm
Hi, another one, since last week I'm recovering my demo account hehe the TP was a little above the RN 0.7550
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 86 KB
45 traders viewing now, 1 is registered: