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Monitor for 'Trading Made Simple' system 565 replies

Trading Made Simple the right way, and other trading lessons 334 replies

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Trading Made Simple system follower - Thanks to eelfranz 9 replies

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Trading Made Simple

  • #77,961
  • Mar 21, 2017 6:46am Mar 21, 2017 6:46am
Quoting Dempip
Hi everyone, I'm new to the forum and I signed up when I read the first post from Eelfranz on creating a simple strategy which captured my frustrations accurately. Could someone please kindly explain the strategy, indicators and settings and other useful information for me to get started in a simple way without complicating and confusing things. Your help and response will be greatly appreciated.
Dempip
Member's arn't going to help you. You will only be refer to post's. You have to do your homework first. You are a member of FF since Mar 2015 so you should know by now that no homework no help

https://www.forexfactory.com/showthr...12#post9679712
  • #77,962
  • Mar 21, 2017 6:57am Mar 21, 2017 6:57am
Quoting luvene
Here some proofs. This is the situation at the moment a few minutes ago. You can see the Terminal opening positions, time, etc. One trade on the GBPUSD I closed yesterday because of reaching the Stoploss level which was adjusted for the second time. Unfortunately at the moment GBPUSD is increasing more and more. You can't have them all. EURUSD is going well. Don't make it complicated, not needed. {image} {image}
Thank's luvene. Chart's and trade's like those only confirm that TMS / TDI is a winning edge.
It is I as an trader that make that edge blunt. Got a long way to go before I will have the same chart's and trade's.
  • #77,963
  • Mar 21, 2017 7:00am Mar 21, 2017 7:00am
Quoting Tekkies
{quote} Thank's luvene. Chart's and trade's like those only confirm that TMS / TDI is a winning edge. It is I as an trader that make that edge blunt. Got a long way to go before I will have the same chart's and trade's.
Please my friend, do the same as I, it is not that difficult. First on the DEMO for a few weeks to build confidence.
Keep it simple without too many crappy indicators!
  • #77,964
  • Mar 21, 2017 7:31am Mar 21, 2017 7:31am
Quoting Tekkies
{quote} 1. Check for news - Lower time news has major effect. H4 not some much. Do not entry trade before red news. When in profit lock in the profit, stay in the trade. Close the trade and take porfit or loss. How musch are you willing to risk. Check the news, know about them. 2. TDI Cross/Bounce - Long (12-2 position) - Short (4-6 position) insert where is level 32 / 69 3. APB candles -#1 or #2 correct. 4. Price Action - Above or below 5EMA line? conservatively way of trading. What about candel's and wick's? 5. Support/Resistance - Near H4 or...
hi tekkies,

Are you using TDI scalping or TDI active? can i know which is the best TDI method to use? not really sure which tdi to use.. Thanks in advance
  • #77,965
  • Mar 21, 2017 7:33am Mar 21, 2017 7:33am
HELP-FULL MT4 SHORT CUTS
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  • #77,966
  • Mar 21, 2017 7:49am Mar 21, 2017 7:49am
Quoting luvene
Here some proofs. This is the situation at the moment a few minutes ago. You can see the Terminal opening positions, time, etc. One trade on the GBPUSD I closed yesterday because of reaching the Stoploss level which was adjusted for the second time. Unfortunately at the moment GBPUSD is increasing more and more. You can't have them all. EURUSD is going well. Don't make it complicated, not needed. {image} {image}


what exactly is that TDI Arrow indicator called that pointed out the correct cross/over angle?
or is that just an earmark you put in?
  • #77,967
  • Mar 21, 2017 7:57am Mar 21, 2017 7:57am
Quoting luvene
In my opinion you are making it all too complicated. I struggled for many years trying to trade on the lower timeframes like 5M till 1H because I like action and I don't want to get bored. This means, you have to sit in front of your screen, boring, boring and boring, the whole day............................ I have read a lot, sometimes too much, I know but..... trading on the higher timeframes is far more profitable and never the less, it cost you only 5 till 20 minutes a day! It opened my eyes! The best you can do is finding a broker on which...


"Please, look at your daily candles and the crossing of green/red on the TDI and the angle of the crossings, slope direction and on which Price Action candle was the crossing of green/red."


What do you mean by this?
  • #77,968
  • Mar 21, 2017 7:58am Mar 21, 2017 7:58am
Quoting faatkumo
{quote} what exactly is that TDI Arrow indicator called that pointed out the correct cross/over angle? or is that just an earmark you put in?
Yes, an earmark I put in by myself to make it even more significant.
Keep it simple without too many crappy indicators!
  • #77,969
  • Mar 21, 2017 8:02am Mar 21, 2017 8:02am
Quoting Miner88
{quote} hi tekkies, Are you using TDI scalping or TDI active? can i know which is the best TDI method to use? not really sure which tdi to use.. Thanks in advance
Miner
I don't know what am I am. I use TDI RSI indicator with an alarm. When the alarm goes off, I place a trade with #647 and activate a trailer stop. Hold my breath until trailer stop is activated. Learning to keep my little dirty paw's from fiddling with the trailer stop.

It really does not matter that much which indicator you use. Go with TDI Red Green,ex4. Better test everyone on M1 see how they react to price. Chose 2 / 3 move to the chart you trade on and then pick the one you like the most. There are some post about repaint and old chart's that don't match.
  • #77,970
  • Mar 21, 2017 8:13am Mar 21, 2017 8:13am
Quoting faatkumo
{quote} "Please, look at your daily candles and the crossing of green/red on the TDI and the angle of the crossings, slope direction and on which Price Action candle was the crossing of green/red." What do you mean by this?
OK, I will repeat it one more time. When the green is crossing the red line on the TDI and at the same time you see a first or second changing color Heikin Ashin candle that's your signal to enter the trade. Take care when you look at the way the crossing appears. I mean, is there a sharp angle or isn't. And when the crossing takes place for LONG above 68 or below 32 for short be careful for opening new positions. I am not saying that you can't but be careful. Use a short Stoploss instead of the normal 200 pips or you can use the last SwingHigh or SwingLow.

By the way, opening positions ONLY at the close/opening of a new day candle. You have to see the green line significant above red for longs and below red for shorts. And look for a sharp angle crossing. And... be careful for longs when price is around 65 - 70 or 30 -35 for shorts. That's all! No other things like all kind of (crappy) indicators, S/R levels, EMA5 shifted what the f....., Stochastics, Fibonacci and more crap. Be wise and trade easy and simple. When you are adding too many indicators or other things in your chart it is overwhelming and confusing and not clear what to do. It's pulling you away from triggering because you start to doubt, get fear, stress......
Keep it simple without too many crappy indicators!
  • #77,971
  • Mar 21, 2017 8:19am Mar 21, 2017 8:19am
Here is a trade where TDI cross should happen and with out post#647. Don't trade like that.
Read up on TDI Cross.pdf about "sweet spot's" to place a trade
Second chart's is how TDI can help you to place profitable trade's with #post647
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  • #77,972
  • Mar 21, 2017 9:22am Mar 21, 2017 9:22am
In at end of second candle on Eur/Cad 1H

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smile and the world smiles with you
  • #77,973
  • Mar 21, 2017 9:33am Mar 21, 2017 9:33am
Quoting emmanuel7788
Here is a test of how good some of you are at Price Action reading. Look at this EURUSD H4 chart below , there was a super trade setup, see if you can recognise that PA. Big E was right when he said, look at big candles and small candles, but he never gave any names to patterns which is a common thing in PA trading. {image}
I agree with Okoso... Pop gun pattern. Essentially an outside bar that comes after an inside bar. Can be very powerful simple PA pattern.

N.
  • #77,974
  • Mar 21, 2017 9:33am Mar 21, 2017 9:33am
Quoting alwaysposi
In at end of second candle on Eur/Cad 1H {image}

BE set at plus 2............it can go where it likes..................
smile and the world smiles with you
  • #77,975
  • Mar 21, 2017 9:55am Mar 21, 2017 9:55am
really miss you
  • #77,976
  • Mar 21, 2017 9:59am Mar 21, 2017 9:59am
Quoting Nik-Nyc
{quote} I agree with Okoso... Pop gun pattern. Essentially an outside bar that comes after an inside bar. Can be very powerful simple PA pattern. N.
that's a bullish pinbar for 24 hours and it actually bounced off the 200ema
the cautious seldom err....C
  • #77,977
  • Mar 21, 2017 10:56am Mar 21, 2017 10:56am
Quoting emmanuel7788
{quote} Hi Uk1, No, I am not a good coder. That was done by a buddy of mine years ago. I added into that some other Entry and Exit rules and run them to see the number of trades in give period of time and the number of pips won/loss. We do this in our system development and using the backtest data to prepare our trading business plans for different trading systems - like for Intraday H1, 4H Swing trading and D1 Position trading. The backtesting is done for all available currency pairs and we then select the pairs we want to trade. With the backtesting...
Emm,
Thanks for the info, all noted and understood. I had a few questions re system and business plan development, I PM'd you about, would you mind taking a look, I'm not sure if the PM's are going through to you though as I keep getting a 404 error after sending a PM.

Thanks
  • #77,978
  • Mar 21, 2017 3:01pm Mar 21, 2017 3:01pm
Quoting michael_k
USDJPY Sell @ 113.50, Stop: 116.01, T/P: 108.00
Closed manually at 111.78. Out with +170 pips.
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  • #77,979
  • Mar 21, 2017 3:08pm Mar 21, 2017 3:08pm
Quoting Uk1
{quote} Emm, Thanks for the info, all noted and understood. I had a few questions re system and business plan development, I PM'd you about, would you mind taking a look, I'm not sure if the PM's are going through to you though as I keep getting a 404 error after sending a PM. Thanks

Hi,

OK. Will answer PMs later.

BTW, EURAUD did well this week. Will post later the results.


regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #77,980
  • Edited 3:21pm Mar 21, 2017 3:11pm | Edited 3:21pm
Quoting michael_k
{quote} Closed manually at 111.78. Out with +170 pips. {image}

Very good D1 trade.

UJ broken below the previous 2 months lows, it is in sell zone.

near term target is 110.70
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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