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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

  • #78,641
  • Apr 9, 2017 1:00pm Apr 9, 2017 1:00pm
Quoting Malony
{quote} Yes. For the advanced target im in the wrong thread i must admit. But i wanted to show that one can post target or how he will trade in the future, without having problems people taking it for live like emmanuel7788 use to say. At least one can tell its assumes where the market will head, especially when trading 25 years. Heres a chart, hope this is ok. The first blue box is the middle of the cycle im assuming. The second box is the target area after the bounce. Entry on TDI cross. {image}
I am also bullish with this pair with higher targets. I am interested in what you have to show for cable as I have a different view. It is not my intention to argue but to look at others view. I hope to learn in order to improve my knowledge in trading
the cautious seldom err....C
  • #78,642
  • Apr 9, 2017 1:18pm Apr 9, 2017 1:18pm
Quoting pips29
{quote} I am also bullish with this pair with higher targets. I am interested in what you have to show for cable as I have a different view. It is not my intention to argue but to look at others view. I hope to learn in order to improve my knowledge in trading


Here the cablechart. I normally got another indicator on it which shows me the cycles very nice. Removed it. On my previous posted charts its on i think. Again i could be completly wrong.

Whats your view on cable?

Attached Image (click to enlarge)
Click to Enlarge Name: cable.jpg Size: 114 KB



Edit: I guess you could tech me more than learning from me...
Newbies be warned of emmanuel7788. Hes not true.
  • #78,643
  • Edited 3:17pm Apr 9, 2017 2:51pm | Edited 3:17pm
Hello

I hope everyone had a relaxing weekend
haven't posted at all lately (too busy working on my trading)

I would like to share something that I was using alot (and am still using)

long story short, I was always on the lookout for this particular thing to develop as shown from recent UJ chart
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 90 KB

once this begins to form I want to pick a good entry on a much lower timeframe ( beware of market momentum as shown with yellow line, or don't up to you)

PS to be precise that particular candle formed after big volatility and I didn't trade it. it was on 3-3-2017. You can find others that don't happen after news events and give a few good pips
PS 2
another example
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 108 KB
  • #78,644
  • Apr 9, 2017 3:09pm Apr 9, 2017 3:09pm
Quoting Malony
{quote} Here the cablechart. I normally got another indicator on it which shows me the cycles very nice. Removed it. On my previous posted charts its on i think. Again i could be completly wrong. Whats your view on cable? {image} Edit: I guess you could tech me more than learning from me...
I see price at a zone where it can turn and move up to test 1.27 I actually like long better than short. Let's see
the cautious seldom err....C
  • #78,645
  • Apr 9, 2017 3:18pm Apr 9, 2017 3:18pm
Is this a valid Buy entry?

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH4.png Size: 35 KB
  • #78,646
  • Apr 9, 2017 3:40pm Apr 9, 2017 3:40pm
Quoting chyi
Is this a valid Buy entry? {image}
my personal view is that YEN pairs dont show any bullish momentum lately, so I would avoid. As I see it the yen is strong still

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 95 KB
  • #78,647
  • Apr 9, 2017 3:48pm Apr 9, 2017 3:48pm
Quoting emmanuel7788
{quote} Thank you Alex1055 for your kind words and taking time to post this. This means a lot to me and that I have done something right in this thread.
You are absolutely right!!!!
One of the best ,short state,which deeply impressive me ,till today,is an Old Roman Salute,when a Ceasar come to Rome:lat.Ave Imperator,morituri te Salutant!
Which means;Hail Caesar,who are to die,salute you!!
  • #78,648
  • Apr 9, 2017 5:41pm Apr 9, 2017 5:41pm
Quoting zMinga
{quote} Dear Emmanuel, could you please guide me, how the "50 line" is calculated? I just wrote a backtest to compare with your backtest. Without the 50 line, I get negativ results.

Hi,

you can add the 50-level in your TDI indicator.
use that as a filter with the Market base Line yellow line.

CONSERVATIVE ...

Buy only when the TDI Price Line green is above the Trade Signal Line TSL red and above the MBL and 50-level.

Sell only when the TDI Price Line green is below the Trade Signal Line TSL red and below the MBL and 50-level.

This approach is the same whether you trade M15, H1, H4 and D1.... CONSISTENCY is key!

Doing it this way, over the longer term you get fewer trades. But you will suffer lesser losing trades and our win rates will become better. You don;t need to have 70% to 80% win ratio. Anything between 45% to 55% win ratio will make you enough money and help you reach you SMART goal.

To make up for the fewer trades and to achieve your financial goal, you use add-on trades like Big E did. This is scaling-in with profits from earlier trades which are in profits. This is one way to 'let profit run' , trade like investors do and achieve your financial goals in your business. When you reached CONSISTENCY and is able to maintain your CONSISTENCY, this is one way to measure your trading SUCCESS and it is long term - 3 to 5 years. Do not look at short term success 1 to 2 years.

Trade SMART way.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #78,649
  • Apr 9, 2017 5:44pm Apr 9, 2017 5:44pm
Quoting chyi
Is this a valid Buy entry? {image}

Good luck with this buy into resistance seen to the left of your chart.
You can possibly make some pips as a short term scalper if you know when to get out.

But my longer term Weekly is still bearish while the intermediate term D1 is sideways .

Attached Image
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #78,650
  • Apr 9, 2017 5:56pm Apr 9, 2017 5:56pm
AUDJPY Week 15 April 10 to 14:

After last week' down move, this pair is now making its correction/retracement/pullback... whatever you like to call that.
if you are a H4 trader, you wait for the high of this week then look for sell... either on H4 or H1 as your entry.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY W1 April 10.png Size: 51 KB


Initial Stop Loss,

1) above week 13 High

or

2) keep it simple use the upper PAC of Week 14
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #78,651
  • Apr 9, 2017 6:07pm Apr 9, 2017 6:07pm
GBPUSD Week 15 April 10 to 14:

Last weekly closed bearish but within its PAC...(this the risk of ranging market within its PAC)
D1 close below its PAC.
Look at the TDI, the PL Green bounce off the TSL Red, MBL is flat, and 50-level.
Look at the TDI Volatility Band VB blue, is wide open, to me this is a good condition to trade until the VB get narrowing again.

This week I am sell bias.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Week 15 April 10.png Size: 51 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #78,652
  • Apr 9, 2017 6:14pm Apr 9, 2017 6:14pm
NZDUSD Week 14 trade update:

Moved my initial SL to the upper PAC of last last Friday D1 bar/candle.

Also new target lower for this week.
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSD Week 14 trade moved SL abv PAC.png Size: 38 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #78,653
  • Apr 9, 2017 7:06pm Apr 9, 2017 7:06pm
Folks,

remember this picture below.

know which 'trend' you are trading.

there is a trend in every different timeframe chart you look at.

pick the timeframe to trade which suit your trading business hours and your lifestyle.
Do not force your self to trade H4 when the time frame does not suit your day schedule and your working times.
Trade D1 is good and you only need to check your charts once a day. This is not hard.
Attached Image (click to enlarge)
Click to Enlarge Name: Market_trends and picking tops and bottoms.jpg Size: 99 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #78,654
  • Apr 9, 2017 7:43pm Apr 9, 2017 7:43pm
Quoting emmanuel7788
{quote} Traders are confused with what TMS is and what Multiple Entries Multple Exits ME/ME is.

There is no confusion at all. ME/ME is NOT a money management strategy at all. You may like to think it is because that way you think you can justify it's inclusion into Big E's thread....but that doesn't change the fact.

In this thread 'Trading Made Simple by eelfranz' Big E clearly gives the entry method. No where does he advocate averaging down and letting a trade go more than 100 pips negative, such as Emmanuel does...NO WHERE. The entry method for Big E's system is laid out by Big E.

ME/ME is off topic in this thread and will be reported as such.

Just as Davit opened his own thread about trading TMS with Pivots.....and Likica opened her own thread about trading TMNS for M30 charts (using divergence), so should there be a thread for TMS with ME/ME......and let it stand or fall on it's own merits.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #78,655
  • Apr 9, 2017 7:47pm Apr 9, 2017 7:47pm
Quoting emmanuel7788
Trading the day chart and trading only once a day, what is the test results using the past 10 years data? GBPUSD back-testing using 2530 price bars I have in my MT4 history. using the TDI Moderate entry with PAC and HA candle change colour for exit. {image}

This kind of back testing is complete rubbish. It's simply impossible to total up the number of pips "I would have made" and that is not the purpose of back testing. Even my cat can could up winning trades in hindsight.....it's simply of no value at all, and in fact it's harmful to the trader. \

You can possibly look back to discover whether a particular set on entry criteria does in fact lead to a trade or not, but you cannot use it to total up 'pips I would have made'
Doing what you like is Freedom. Liking what you do is Happiness.
  • #78,656
  • Apr 9, 2017 7:58pm Apr 9, 2017 7:58pm
Quoting emmanuel7788
Do not rely on what others say and making all kinds of claims about making profits, hundred of pips, making 30% to 40% per months, doubling account, etc

LOL.....That's ALL you ever do....make claims!!! Nowhere have you ever, EVER produced anything other than claims....show hindsight trades, hindsight entries, demo equity curves......you want others to show some proof....then you show some proof and stop the pretence.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #78,657
  • Edited 8:27pm Apr 9, 2017 8:10pm | Edited 8:27pm
@ ReverseFlash

There are no "Emmanuel haters" here and there are no TMS "fanatics" here. There are simply people here who wish Emmanuel would show some RESPECT for the owner of this thread and system. As I have said before, there are several others who felt that *for them* TMS could be improved / changed / modified etc etc as so they started their own threads to encompass these changes they that wished to implement into Trading Made Simple. Let me say it again.....THEY OPENED THIER OWN THREADS....to implement their modified version of TMS.

That's all people want.....not haters, not fanatics, just decent people who wish to see some RESPECT.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #78,658
  • Apr 9, 2017 8:10pm Apr 9, 2017 8:10pm
Hey Folks,

just sit back, relax and bring your the pop corns and coke.

this week' sitcom comedy by realjumper just started early, its only Monday.

he must have lost money again. LOL.

he just helped increase this thread post count by 3 to 78,656. It getting closer....

I am having fun watch FF sitcom comedy with lots of PATIENCE.

The best is yet to come.

Have fun and enjoy.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #78,659
  • Apr 9, 2017 8:13pm Apr 9, 2017 8:13pm
Quoting emmanuel7788
Hey Folks, just sit back, relax and bring your the pop corns and coke. this week' sitcom comedy by realjumper just started early, its only Monday. he must have lost money again. LOL. he just helped increase this thread post count by 3 to 78,656. It getting closer.... I am having fun watch FF sitcom comedy with lots of PATIENCE. The best is yet to come. Have fun and enjoy.

Grow up
Doing what you like is Freedom. Liking what you do is Happiness.
  • #78,660
  • Apr 9, 2017 8:17pm Apr 9, 2017 8:17pm
One last thing...be aware that if you want to sign up to view Emmanuels trades via FX Blue, you have no way of knowing whether the 'Sender' (Emmanuel) is live trading or demo trading. FX Blue doesn't work that way. I know this because I have been using FX Blue for more than 2 years to copy my trades from one account to another on my local computer. The same will be true so don't get sucked in!
Doing what you like is Freedom. Liking what you do is Happiness.
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