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Trading Made Simple

  • #74,981
  • Jan 24, 2017 5:15pm Jan 24, 2017 5:15pm
I have created a simple system upon your given indicators, I also used Renko and some other tools (all free and I did not created anything). Can I post that refined system?
  • #74,982
  • Jan 24, 2017 5:45pm Jan 24, 2017 5:45pm
Quoting emmanuel7788
How about some serious trading discussions from now onward. Keep the spirit positive for open discussions and sharing. AUDNZD H4 Week 04 Jan 24: No buying yet as the current price action is below the 5EMA, Typical Price, Shift+3. The 5EMA is our direction for trading this 5-Method. To buy , we look for support and buy when we see buyer from the support. Current H4 looks like it is sideways in a range now until we see another move. As it look now, Kiwi is the stronger one of the two cousins. AUDNZD H4 Jan 24.png;2152855 {image}

AUDNZD Jan 25.

Still bearish today with strong move lower.
My target levels looking at previous price action PPA.
Sellers are in control.
Buyer must wait until all the sellers get out. Buy at support.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD Week 04 update Jan 25.png Size: 68 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #74,983
  • Jan 24, 2017 6:09pm Jan 24, 2017 6:09pm
Quoting inforserve
{quote} Could you able to explain your thought process on this trade ? Is it double bottom TDI cross & double insider break out in W1 ? with M1 APB formation or Fundamental ? Or both of them ? Thanks in advance.

Hi,

That trade plan has nothing to do with what you mentioned - TDI cross & double insider break etc.

For me, Position trading on D1 chart timeframe is a lot easier after I have done my Big Picture Plan and determined what the Market Type is. Market Type is taught by Dr Van Tharp which I adapted into forex trading.
In the GBPUSD trade, when the market enters into the 'buy zone' on D1 chart on Jan 17 Close, that is when I decide to buy on Jan 20. It is similar to how I trade the Equities market EOD trading by looking at the Day chart closing price. It is easy and only need to look at charts once a day after market closed.

When we have all the factors put in place, the TMS chart will look the same because it is price action trading with price momentum at support/resistance.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #74,984
  • Jan 24, 2017 6:15pm Jan 24, 2017 6:15pm
USDCAD Jan 25 D1 chart.
As it is now, USDCAD made a reversal setup and moving lower.
We shall see if today's closing will enter the sell zone for more selling tomorrow.

A lot going on this week in the US, President Trump just revived the huge oil pipeline projects amidst some protest. We have to wait and see the next 2-4 years what this will bring to the US.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #74,985
  • Jan 24, 2017 7:14pm Jan 24, 2017 7:14pm
Quoting inforserve
{quote} Could you able to explain your thought process on this trade ? Is it double bottom TDI cross & double insider break out in W1 ? with M1 APB formation or Fundamental ? Or both of them ? Thanks in advance.
Hi inforserve
This picture shows by itself. Then follow the pattern. good luck I was already in. Thanks Emmanual
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 482 KB
  • #74,986
  • Jan 24, 2017 7:46pm Jan 24, 2017 7:46pm
Quoting pete.alfa
{quote} Hi inforserve This picture shows by itself. Then follow the pattern. good luck I was already in. Thanks Emmanual {image}
Of course we can all discuss Plan, Build and Run for Position trading on Day charts.
I need to see the number of traders here who are interested and we can consider do a project on this.
Let me know who is interested and have the commitment to work hard for a few months.

Do not decide so soon, but first you must read up all my posts on "empty space" and know what Plan,Build and Run is about.
only 15 posts with charts to read.
here

Attached Image (click to enlarge)
Click to Enlarge Name: FF search keyword empty space.png Size: 145 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #74,987
  • Jan 24, 2017 7:55pm Jan 24, 2017 7:55pm
Quoting emmanuel7788
{quote} Hi, That trade plan has nothing to do with what you mentioned - TDI cross & double insider break etc. For me, Position trading on D1 chart timeframe is a lot easier after I have done my Big Picture Plan and determined what the Market Type is. Market Type is taught by Dr Van Tharp which I adapted into forex trading. In the GBPUSD trade, when the market enters into the 'buy zone' on D1 chart on Jan 17 Close, that is when I decide to buy on Jan 20. It is similar to how I trade the Equities market EOD trading by looking at the Day chart closing...
O.K. Thanks !! You must already build up some postilions up to now and adding another one today or already finished with profit and open another basket of trading .. If there are multiple positions, do you use stop loss as Darvax box line ?
You used to post ME/ME position trading and weekly result but I haven't seen those lately. Is there any reason why or you simply don't want to post ?
  • #74,988
  • Jan 24, 2017 8:09pm Jan 24, 2017 8:09pm
Quoting pete.alfa
{quote} Hi inforserve This picture shows by itself. Then follow the pattern. good luck I was already in. Thanks Emmanual {image}
Thanks Pete!!! You also do postilion trading ( ME/ME ) ?
  • #74,989
  • Jan 24, 2017 9:17pm Jan 24, 2017 9:17pm
With lower than expected inflation data, AUD seems like losing the strength against major currency.
But anything can happen in currency market. Testing my probability with TMS & PASR.


Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 19 KB
  • #74,990
  • Jan 24, 2017 10:04pm Jan 24, 2017 10:04pm
hi,emmanuel7788 your post no 74982 viewing image indicator sounds is very good.
what ithe indicators type and how to download it. sorry my english.please upload the indicators. thankyou.
  • #74,991
  • Jan 24, 2017 10:05pm Jan 24, 2017 10:05pm
Black what is your version of Trading Made Simple?

This is what I read. What do you read?
Post#1
I wanted a method that was simple, worked on all timeframes, simple rules, few indicators.... that
when looking at my simple chart it just shouted out what I needed to do and developed a method
that is 70-80%+ wins for me on a regular basis. It took over 2 years to develop this method. I
worked hard... late nights and weekends, too. I was so hungry for success.
#117
....... If you decide to trade this Simple Method ......
The word "simple" is used 47 times by BigE

Why did you post those remarks Black is it because I am asking to go back to the way BigE has laid it out and not following the herd leader?
  • #74,992
  • Jan 24, 2017 10:16pm Jan 24, 2017 10:16pm
hi emmanuel7788, can you share me your template for this method ?
thank so much, bro
  • #74,993
  • Jan 24, 2017 10:31pm Jan 24, 2017 10:31pm
Quoting inforserve
Few posts back, I asked how TMS members doing in term of month by month performance but no one post or reply back. So I post my performance for this month and hopefully I can see another member's one as well. Then we can discuss how we can improve our trading for next month and so on. By the way, I am trading S/S. ( Single Entry/Single Exit ) For me, I think I am still over trading and I have to increase R:R. Feel free to comment. Cheers; {image}
Hi Info,

Great Result ( DD is less than 5%) Keep it up.

Due to day job not able to trade from a long time. But i am still following TMS thread and reading whenever get time

Thanks

MK
  • #74,994
  • Jan 24, 2017 10:41pm Jan 24, 2017 10:41pm
Quoting pips29
{quote} You do not follow the way big E did...he never traded at this time of the day on the hourly...since you are the one who claim you are successful and following big E to the t, I must admit you are full of bullxxxx. Please go back and read the time he traded..and please do not post chart again..you have no stop/target and in fact you don't even know what you are doing..I have never ask traders to show their TE but only those who make a lot of noise and showing hindsight trades without the reasons for entries and targets..I have been showing...
Pips read Post#1025
When I see green cross red it's a set up... but before taking the trade I look at PA, Hi/Lo,
Res/Sup, Stochs, etc, etc BASIC Forex things you need to check on any method or possible entry..
If it all looks good, I jump in... only takes 30 sec. to look at it all when your experienced. It's
quick...
At night when I enter a 4hr trade I go to bed and don't monitor the trade until the next 4hr
candle appears. If it still looks good I let it continue and go back to sleep. If not I exit the trade
and go back to sleep... I close all my trades at 6am... just my style. Then I only look at the 1 hr.
chart during the day for set ups and trades... my style... That's what fits me...
Trade it the way you feel safest on Demo. When you find what fits you... stick to it and build
confidence... maybe tweaking it here or there to fit your style... make it yours...
It was designed to be simple... Keep it simple and don't complicate it

"I must admit you are full of bullxxxx. "
The same story any member that dare speak out against -------------- is ridiculed, belittle, slandered.

Now I know why lastingwell, realjumper, cigarguy, griffinsoul not to mention those that don't even bother to post do not contribute no more in this forum.
  • #74,995
  • Jan 24, 2017 10:55pm Jan 24, 2017 10:55pm
I wonder if I have placed this buy trade correctly on the H1 chart?

I'll let you know how it goes but would appreciate any feedback on this trade. Thanks

Attached Image (click to enlarge)
Click to Enlarge Name: Trade2.jpg Size: 136 KB
  • #74,996
  • Jan 24, 2017 11:28pm Jan 24, 2017 11:28pm
Quoting inforserve
With lower than expected inflation data, AUD seems like losing the strength against major currency. But anything can happen in currency market. Testing my probability with TMS & PASR. Image1.png;2154558 {image}
You need to baby sit that trade.
why?
cross happened between 60 and 70 level
look at the four blue bars (above ADR = 95) -- did they bumped against resistance and pull back
EURAUD is going to pullback
  • #74,997
  • Jan 24, 2017 11:38pm Jan 24, 2017 11:38pm
Quoting inforserve
With lower than expected inflation data, AUD seems like losing the strength against major currency. But anything can happen in currency market. Testing my probability with TMS & PASR. Image1.png;2154558 {image}
Hey Infoserve - looking at the chart you posted....What is the Indy in the centre top??? I can see it is the Timeframes but does the different colour represent Up/Down Trend maybe?? If it is a trend indy - where can i get it please??? Been looking for a decent "on chart multi-timeframe" trend indy for some time.... Thx
  • #74,998
  • Jan 24, 2017 11:39pm Jan 24, 2017 11:39pm
Quoting tejaharine
hi,emmanuel7788 your post no 74982 viewing image indicator sounds is very good. what ithe indicators type and how to download it. sorry my english.please upload the indicators. thankyou.
The original indicators and template … Post#25

For first time visitors to this thread, here

Introduction to Trading Made Simple Post 71,888
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #74,999
  • Jan 24, 2017 11:39pm Jan 24, 2017 11:39pm
Quoting Pipsters
I wonder if I have placed this buy trade correctly on the H1 chart? I'll let you know how it goes but would appreciate any feedback on this trade. Thanks Trade2.jpg;2154659 {image}
Green - below angle 2
Cross - below 32
Candles - small
Those are points from post#674, how did points compared to the chart lay out when the order was placed.
  • #75,000
  • Jan 25, 2017 12:03am Jan 25, 2017 12:03am
Quoting Pipsters
I wonder if I have placed this buy trade correctly on the H1 chart? I'll let you know how it goes but would appreciate any feedback on this trade. Thanks Trade2.jpg;2154659 {image}

when we trade H1, we need to know some characteristics of the currency pair we want to trade.
we need to know the hourly volatility which is important and the best time of the day to look for H1 trades.
your chart shows small H1 candles which is the character of this eurcad pair.
wait till London session open and we shall see what the market will do.

Attached Image


check the hourly volatility here:
https://www.mataf.net/en/forex/tools/volatility
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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