Trading Made Simple | Page 3861 | 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

  • #77,201
  • Mar 14, 2017 10:53am Mar 14, 2017 10:53am
I don't really know where the consolidation is exacly
I believe it started to move down a bit

EJ 4H
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 48 KB
  • #77,202
  • Mar 14, 2017 11:13am Mar 14, 2017 11:13am
Quoting bistolis
{quote} bad trades don't change my mind really, they help me understand market behavior better. {quote} you can't tweak that much unless you open up the code and start re working it. and it shouldn't be your focus. all you need is the periods of the MAs and I believe you can find out how to do that.
Thank you for your effort
  • #77,203
  • Mar 14, 2017 11:24am Mar 14, 2017 11:24am
Quoting Mt7
{quote} Ms vale prevenir que lamentar : Better safe than sorry
better shoot then ask question's later right??!
It's in fear when people show what they truly value.
  • #77,204
  • Mar 14, 2017 11:32am Mar 14, 2017 11:32am
Quoting emmanuel7788
Folks, Tomorrow March 15 London and NY sessions will be a big day for forex trading. So trade with extra caution. Capital protection is always top priority. Stay away from low timeframe trading for one day and you wont regret it.
Curious from the TMS perspective why caution ONLY for the the "low" time frame?

With markets trending sideways prior and the high probability for some sharp volatility upon the release of the news, I would think H4 and even Daily are prone to some risk....
  • #77,205
  • Mar 14, 2017 11:35am Mar 14, 2017 11:35am
Quoting emmanuel7788
Folks, Tomorrow March 15 London and NY sessions will be a big day for forex trading. So trade with extra caution. Capital protection is always top priority. Stay away from low timeframe trading for one day and you wont regret it.

Maybe a better question: Post news release ---> when is it "safe" to get back in?

Can you trust your your TMS indicators in times of high market volatility ?
  • #77,206
  • Mar 14, 2017 11:48am Mar 14, 2017 11:48am
Hi Tekkies,

i've been reading a lot of this thread and all of the posts you've been mentionning. I would like to know what is your perfect set up. What are you looking for in tdi angle, big or small candle, when you are close To a s/r....

Ty
  • #77,207
  • Mar 14, 2017 11:56am Mar 14, 2017 11:56am
gone long just ahead of the 4 hour closing..let's see
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDH4.png Size: 42 KB
the cautious seldom err....C
  • #77,208
  • Mar 14, 2017 12:37pm Mar 14, 2017 12:37pm
Quoting pips29
gone long just ahead of the 4 hour closing..let's see {image}

W1 D1 contradicting your H4 long.
They show Short


Correct me me if I'm wrong guys.
  • #77,209
  • Mar 14, 2017 12:47pm Mar 14, 2017 12:47pm
Quoting pips29
gone long just ahead of the 4 hour closing..let's see {image}
This can be a good long im waiting for confirmation of Daily and weekly
  • #77,210
  • Mar 14, 2017 12:49pm Mar 14, 2017 12:49pm
Quoting frenchy.fx
{quote} This can be a good long im waiting for confirmation of Daily and weekly

Yeah id wait for W1 and D1 confirm
  • #77,211
  • Mar 14, 2017 12:59pm Mar 14, 2017 12:59pm
Quoting faatkumo
{quote} W1 D1 contradicting your H4 long. They show Short Correct me me if I'm wrong guys.
yes, you are right but I don't trade the weekly chart..I took a look at the daily and I see a lower wick...the daily candle hasn't formed yet and so I am entering much earlier. I have this habit that I should pay more attention to the time frame I am trading and the rest are just "extras"...let's see how it goes and I might close this trade before fomc
the cautious seldom err....C
  • #77,212
  • Mar 14, 2017 1:01pm Mar 14, 2017 1:01pm
Quoting pips29
{quote} yes, you are right but I don't trade the weekly chart..I took a look at the daily and I see a lower wick...the daily candle hasn't formed yet and so I am entering much earlier. I have this habit that I should pay more attention to the time frame I am trading and the rest are just "extras"...let's see how it goes and I might close this trade before fomc
So why wouldn't your entry be on H1?


How how long have you been trading this strategy?
live or demo?
  • #77,213
  • Mar 14, 2017 1:06pm Mar 14, 2017 1:06pm
Quoting Jaizy
Hi Tekkies, i've been reading a lot of this thread and all of the posts you've been mentionning. I would like to know what is your perfect set up. What are you looking for in tdi angle, big or small candle, when you are close To a s/r.... Ty
Starting only now to understand candle's so I can not tell you much about them. Know now what a doji do. The candle right of doji, is what they call in an inside bar.
Watched this video over the weekend and it sort of stuck
Inserted Video

Attached Image (click to enlarge)
Click to Enlarge Name: XM MT4.png Size: 96 KB
  • #77,214
  • Mar 14, 2017 1:08pm Mar 14, 2017 1:08pm
Quoting Tekkies
{quote} 2229097
Chart will not enlarge for some reason.
True Grit!
  • #77,215
  • Mar 14, 2017 1:09pm Mar 14, 2017 1:09pm
My entry was actually on H1 which is my favourite tf..I just thought I show it on the 4hour as I do not want to get into a long discussion that this trade shoukld not be taken as it's candle no.4 or whatever. I place importance on pa and you can see where the support is and price bounced off from there..I have traded this method since big E started the thread and it's definitely live
the cautious seldom err....C
  • #77,216
  • Mar 14, 2017 1:15pm Mar 14, 2017 1:15pm
this is also a trade that is still going and it's taken on the 1 hour. Thanks to ensale ,I started looking at this pair and traded several times with 100% success EDit: perhaps I shouldn't have posted this chart but it's my standard chart on H1/H4 trading...some traders like brn on the chart but I like the 34 ema and currency strength indi on the chart(on the side of the price chart)
Attached Image (click to enlarge)
Click to Enlarge Name: CHFJPYH1.png Size: 58 KB
the cautious seldom err....C
  • #77,217
  • Mar 14, 2017 1:16pm Mar 14, 2017 1:16pm
Quoting pips29
My entry was actually on H1 which is my favourite tf..I just thought I show it on the 4hour as I do not want to get into a long discussion that this trade shoukld not be taken as it's candle no.4 or whatever. I place importance on pa and you can see where the support is and price bounced off from there..I have traded this method since big E started the thread and it's definitely live

makes sense now!


real and live?
How have your returns been? I you don't mind me asking.
Not much backtesting shown.
And im new to this method.


Thanks in advance
  • #77,218
  • Mar 14, 2017 1:19pm Mar 14, 2017 1:19pm
Quoting Tekkies
{quote} Starting only now to understand candle's so I can not tell you much about them. Know now what a doji do. The candle right of doji, is what they call in an inside bar. Watched this video over the weekend and it sort of stuck https://www.youtube.com/watch?v=N808L4y-M-0 {image}
on your chart the doji candle that you show is the actual inside bar, because the previous candle has lower low and higher high then the doji

Attached Image (click to enlarge)
Click to Enlarge Name: EJ 14 3.JPG Size: 53 KB
  • #77,219
  • Mar 14, 2017 1:21pm Mar 14, 2017 1:21pm
Quoting Jaizy
Hi Tekkies, i've been reading a lot of this thread and all of the posts you've been mentionning. I would like to know what is your perfect set up. What are you looking for in tdi angle, big or small candle, when you are close To a s/r.... Ty
Am not a trader yet jaizy. I do many stupid mistake's. It is easy to shout your mouth off in a forum and then you do exactly what BigE tell's you not to do.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCHFmicroH1.png Size: 48 KB
  • #77,220
  • Mar 14, 2017 1:23pm Mar 14, 2017 1:23pm
Quoting bistolis
{quote} on your chart the doji candle that you show is the actual inside bar, because the previous candle has lower and higher high then the doji
thanks bistolis
edit: so the right side bar will be the outside bar?
82 traders viewing now, 1 is registered:
kola.bear020