Trading Made Simple | Page 3822 | 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

  • #76,421
  • Feb 27, 2017 8:35am Feb 27, 2017 8:35am
Quoting brian661
{quote} For PA, I should look from the normal candle stick or from henki aski?
PA stands for Price Action. So yes the normal candlesticks

Heikin Ashi are Average Price Bars
  • #76,422
  • Feb 27, 2017 8:37am Feb 27, 2017 8:37am
Quoting bistolis
{quote} PA stands for Price Action. So yes the normal candlesticks Heikin Ashi are Average Price Bars
Yes, I think so too.
But when I look into the pdf, half of the example is using Heikin Ashi.
That why I am confused...
  • #76,423
  • Feb 27, 2017 1:17pm Feb 27, 2017 1:17pm
Hi emmanuel, you still using 10,5,34,3,1,7 settings on your TDI? do you use the same settings to all timeframes?
Thx!
  • #76,424
  • Feb 27, 2017 8:02pm Feb 27, 2017 8:02pm
Hi guys,

I was looking at this EU daily chart, Is it going uptrend right now from the bullish divergence?

Attached Image (click to enlarge)
Click to Enlarge Name: EU daily chart 28.2.2017.png Size: 27 KB


By the way Tekkies, Emm and other members,

Thanks for the explanation for 5 EMA. I do appreciate it a lot for the help since im quite new in this.

Regards,
Miner
  • #76,425
  • Edited Feb 28, 2017 2:51am Feb 27, 2017 8:16pm | Edited Feb 28, 2017 2:51am
Hi guys,

I was wondering what was my mistake when i trading this UJ hourly.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY.png Size: 35 KB


I was entering the trade when green cross red and the momentum was pretty high. And suddenly, the chart go the opposite way. Can some 1 pointed out what was the thing that i miss out and the mistake i done? It really helps me a lot to learn from my mistake.

Thanks in advance.

Regards,
Miner.
  • #76,426
  • Feb 27, 2017 8:49pm Feb 27, 2017 8:49pm
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 79 KB

HI,emmanuel
could you share your advice about AUDUSD？
  • #76,427
  • Edited 10:50pm Feb 27, 2017 9:47pm | Edited 10:50pm
Quoting Miner88
Hi guys, I was wondering what was my mistake when i trading this EJ hourly. {image} I was entering the trade when green cross red and the momentum was pretty high. And suddenly, the chart go the opposite way. Can some 1 pointed out what was the thing that i miss out and the mistake i done? It really helps me a lot to learn from my mistake. Thanks in advance. Regards, Miner.
Hi Miner,
You mean UJ? You're trading during news?. If you did it on purpose, just look for a small profit. TP around RN area for a quick 10-15 pips.

PS: Small body with the long wick, I don't think it's a good signal. But, it's just my opinion, lets wait for experienced trader to give some advice
  • #76,428
  • Feb 28, 2017 12:35am Feb 28, 2017 12:35am
Quoting Miner88
Hi guys, I was wondering what was my mistake when i trading this EJ hourly..
Miner the chart posted is USDJPY and you say EJ.
On chart USDJPY nothing wrong with entry if placed at beginning of that bar. Don't be slow on exit rules. New's time? Babysit the trade or do not trade at all. The trade is with the news you smile, against the new's you cry.

Wonder how many members that do Big Picture Planing(BPP) incorporate news into the plan?
  • #76,429
  • Feb 28, 2017 12:50am Feb 28, 2017 12:50am
Quoting Miner88
Hi guys, I was wondering what was my mistake when i trading this EJ hourly. {image} I was entering the trade when green cross red and the momentum was pretty high. And suddenly, the chart go the opposite way. Can some 1 pointed out what was the thing that i miss out and the mistake i done? It really helps me a lot to learn from my mistake. Thanks in advance. Regards, Miner.
I don't see much wrong with your entry, the only factor I would say is that do you know your S/R levels from the daily to see why price bounce there.. possible trend is turning but we don't know that. yet.
It's in fear when people show what they truly value.
  • #76,430
  • Feb 28, 2017 3:03am Feb 28, 2017 3:03am
Quoting Spikeshimbun
{quote} Hi Miner, You mean UJ? You're trading during news?. If you did it on purpose, just look for a small profit. TP around RN area for a quick 10-15 pips. PS: Small body with the long wick, I don't think it's a good signal. But, it's just my opinion, lets wait for experienced trader to give some advice
Quote
Miner the chart posted is USDJPY and you say EJ.
On chart USDJPY nothing wrong with entry if placed at beginning of that bar. Don't be slow on exit rules. New's time? Babysit the trade or do not trade at all. The trade is with the news you smile, against the new's you cry.

Wonder how many members that do Big Picture Planing(BPP) incorporate news into the plan?

Sorry for the confusion guys,

It was UJ not EJ, My apology. Just edited my previous post. I did not aware that there is news about this currency pair. Was there any news about it?

Thanks for the advice guys!! will be more aware about trading during the news time.
  • #76,431
  • Feb 28, 2017 3:31am Feb 28, 2017 3:31am
Quoting Miner88
{quote} {quote} Sorry for the confusion guys, It was UJ not EJ, My apology. Just edited my previous post. I did not aware that there is news about this currency pair. Was there any news about it? Thanks for the advice guys!! will be more aware about trading during the news time.
It was only medium risk news where someone was talking (was not Trump )so not likely to have that much of an effect. However, it was against the sentiment and tdi of the h4 and right on top of weekly support.
Success means going from failure to failure without loss of enthusiasm
  • #76,432
  • Feb 28, 2017 3:37am Feb 28, 2017 3:37am
Quoting Miner88
Hi guys, I was wondering what was my mistake when i trading this UJ hourly. {image} I was entering the trade when green cross red and the momentum was pretty high. And suddenly, the chart go the opposite way. Can some 1 pointed out what was the thing that i miss out and the mistake i done? It really helps me a lot to learn from my mistake. Thanks in advance. Regards, Miner.
All i can say is that you are entering at the end of a 4H trend, price has moved already much
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 164 KB


and now it seems to form a good divergence on 4H
Attached Image
  • #76,433
  • Edited 6:45am Feb 28, 2017 6:14am | Edited 6:45am
Hi Emmanuel,

I created my EA to control MEME basket to exit at TDI M15 reversal cross. However, when using strategy test, i can always get correct TDI value. While turning to live, sometimes i can get correct results, sometimes i get some weird TDI value. I use below codes to get TDI value. Can you help see anything wrong?

double dPrevTDIGreen = iCustom(NULL,PERIOD_M15, "TDI_RT", 10, 5, 34, 3, 1, 7, 0, 4, 1);
double dPrevTDIRed = iCustom(NULL,PERIOD_M15, "TDI_RT", 10, 5, 34, 3, 1, 7, 0, 5, 1);

For eg, my UJ basket closed at 13:15. Obviously there is no TDI cross, and TDI Green is 31.6 and TDI Red is 38.9. However, the value from code/EA is around 81 for both, and TDI red is a little bigger than green.

rgds,
muyir
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY M15.JPG Size: 93 KB
Trade your belief, trade like Emmanuel
  • #76,434
  • Feb 28, 2017 7:43am Feb 28, 2017 7:43am
Quoting muyir
Hi Emmanuel, I created my EA to control MEME basket to exit at TDI M15 reversal cross. However, when using strategy test, i can always get correct TDI value. While turning to live, sometimes i can get correct results, sometimes i get some weird TDI value. I use below codes to get TDI value. Can you help see anything wrong? double dPrevTDIGreen = iCustom(NULL,PERIOD_M15, "TDI_RT", 10, 5, 34, 3, 1, 7, 0, 4, 1); double dPrevTDIRed = iCustom(NULL,PERIOD_M15, "TDI_RT", 10, 5, 34, 3, 1, 7, 0, 5, 1); For eg, my UJ basket closed at 13:15. Obviously there...
the values of TDI are changing constantly until the candle closes
so it might be that you had a cross before it settled below the red line
  • #76,435
  • Feb 28, 2017 8:36am Feb 28, 2017 8:36am
Took a trade on EURNZD h4 short.
H4 TDI cross with nice angle and the daily trade is downward.
Is this a good trade?
Attached Image (click to enlarge)
Click to Enlarge Name: 2017-02-28_eurnzd h4 short.jpg Size: 195 KB
  • #76,436
  • Edited 9:56am Feb 28, 2017 9:03am | Edited 9:56am
Quoting brian661
Took a trade on EURNZD h4 short. H4 TDI cross with nice angle and the daily trade is downward. Is this a good trade? {image}
It looks good to me although so far it shows that it has entered into consolidation on the hourly
the daily chart doesnt agree with short at this point as well

good luck
  • #76,437
  • Feb 28, 2017 10:11am Feb 28, 2017 10:11am
Quoting brian661
Took a trade on EURNZD h4 short. H4 TDI cross with nice angle and the daily trade is downward. Is this a good trade? {image}

nice chart template ...

you should at least customize it
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #76,438
  • Feb 28, 2017 10:15am Feb 28, 2017 10:15am
Quoting muyir
Hi Emmanuel, I created my EA to control MEME basket to exit at TDI M15 reversal cross. However, when using strategy test, i can always get correct TDI value. While turning to live, sometimes i can get correct results, sometimes i get some weird TDI value. I use below codes to get TDI value. Can you help see anything wrong? double dPrevTDIGreen = iCustom(NULL,PERIOD_M15, "TDI_RT", 10, 5, 34, 3, 1, 7, 0, 4, 1); double dPrevTDIRed = iCustom(NULL,PERIOD_M15, "TDI_RT", 10, 5, 34, 3, 1, 7, 0, 5, 1); For eg, my UJ basket closed at 13:15. Obviously there...

look in your Data Window to see the indicator values to be sure.

looking at your chart, I am sure the TDI Green did cross Red for those trades to exit but both lines are now repainted following the price action.

you also need to take into consideration the spread in live market.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #76,439
  • Feb 28, 2017 10:16am Feb 28, 2017 10:16am
Quoting dunova
{image} HI,emmanuel could you share your advice about AUDUSD？
I start the week looking at the weekly chart and I decided no D1 trade this week.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #76,440
  • Feb 28, 2017 10:18am Feb 28, 2017 10:18am
Quoting Miner88
Hi guys, I was wondering what was my mistake when i trading this UJ hourly. {image} I was entering the trade when green cross red and the momentum was pretty high. And suddenly, the chart go the opposite way. Can some 1 pointed out what was the thing that i miss out and the mistake i done? It really helps me a lot to learn from my mistake. Thanks in advance. Regards, Miner.

you have the TDI Yellow line on your chart, why not you use it and make your trade decision?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
127 traders viewing now