Trading Made Simple | Page 3958 | 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

  • #79,141
  • Apr 20, 2017 4:09pm Apr 20, 2017 4:09pm
EURAUD short on H4

Any advice would be appreciated.

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD_H4.png Size: 44 KB
Hakuna Matata
  • #79,142
  • Apr 21, 2017 12:47am Apr 21, 2017 12:47am
Quoting v2vboni
UJ | Long | Open | TDI cross | aggressive entry | PA: Bullish engulfing {image}
Hi v2vboni;

sorry to ask that:

Why do you hide the left side of your chart ?
What's the reason ?
  • #79,143
  • Apr 21, 2017 1:50am Apr 21, 2017 1:50am
Quoting farhad10
{quote} Hi v2vboni; sorry to ask that: Why do you hide the left side of your chart ? What's the reason ?
here
Attached Image
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #79,144
  • Apr 21, 2017 2:35am Apr 21, 2017 2:35am
Quoting Simba
EURAUD short on H4 Any advice would be appreciated. {image}

Look good but you could have entered one candle earlier.
also not a good time to trade H4 after London closed. Try trade H1 or M15 after London close until NY session closes before handover to Sydney.

learn to see the price action and if the TDI shows losing momentum. Not necessary that we must see the divergence then take a trade. When the price loses momentum, we be prepare for possible correction moves which can turn into reversal.

important to look at recent bars/candles of two recent high/higher high or low/lower low... anything more than 13 bars/candles between the high/higher high or low/lower low is too many.

Attached Image (click to enlarge)
Click to Enlarge Name: simba EURAUD H4 trade chart.png Size: 284 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #79,145
  • Apr 21, 2017 2:56am Apr 21, 2017 2:56am
Quoting Simba
EURAUD short on H4 Any advice would be appreciated. {image}
Hi, Simba

My point is :

This is a sell signal, but not a A++ setup.

Because the trade is inverse the trend and no confirm the high as Resistance.

PS: Is that the indicator showing the risk on your pic left bottom? Can share?

Thanks

Good luck.
Attached Image (click to enlarge)
Click to Enlarge Name: simba EURAUD H4 trade chart.png Size: 343 KB
Keep DISCIPLINE, control RISKS, and don't destroy your DREAM easily.
  • #79,146
  • Apr 21, 2017 3:26am Apr 21, 2017 3:26am
Quoting Simba
EURAUD short on H4 Any advice would be appreciated. {image}
Generally Fridays are tricky, and this is one is more special with French elections that could have tremendous impact on EUR pairs.
Personally I would take what market gives and close the position before day end.
  • #79,147
  • Apr 21, 2017 4:02am Apr 21, 2017 4:02am
Mastering Risk Management

In case you missed the webinar, here is the recording worth watching .

Inserted Video
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #79,148
  • Edited 9:57am Apr 21, 2017 5:52am | Edited 9:57am
Update:

Heiken Ashi APB v1.07

--- Now with Heiken Ashi-Trend - Multiple Moving Average with Synergy APB based calculation
--- Using Guppy Multiple Moving Average (Short)

You may now download and ask technical questions on this indicator from the development journal thread here at FF
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #79,149
  • Apr 21, 2017 7:10am Apr 21, 2017 7:10am
sometimes it just seems perfect

Attached Image (click to enlarge)
Click to Enlarge Name: GJ 60min.JPG Size: 111 KB
  • #79,150
  • Apr 21, 2017 9:13am Apr 21, 2017 9:13am
Quoting v2vboni
Update: Heiken Ashi APB v1.07 --- Now with Heiken Ashi-Trend - Multiple Moving Average with Synergy APB based calculation --- Using Guppy Multiple Moving Average (Short) You may now download this indicator from the development journal thread here at FF
thanks v2v for the indi, I noticed if I made changes from the menu in the chart it reset when changing TF's. can it be fixed so it remember my choices ?
"the public is not yet ready for it" W.D. GANN
  • #79,151
  • Apr 21, 2017 10:08am Apr 21, 2017 10:08am
Any advice on monday for eur/usd?
  • #79,152
  • Edited 11:26am Apr 21, 2017 10:36am | Edited 11:26am
Quoting Kwt4x
{quote} thanks v2v for the indi, I noticed if I made changes from the menu in the chart it reset when changing TF's. can it be fixed so it remember my choices ?
Hello Kwt4x,

It can be done, but it would require an additional CPU resources as it save and read a setting file every time you click those indicator panel header or whenever it switch from TF to TF. This indicator continuously evolve so maybe in not so distant future it might have that kind of feature. At the moment, you can just simply go to indicator menu itself and modify the setting from there or maybe save/load a settings file or create template on whatever settings you wanted to have.

Note, you may ask additional question(s) or reply to this post at the indicator development journal thread here.

Btw, how's Kuwait? I miss the Avenues Mall, and some friends there, the Arabic food ---specially at small restaurant known as "Iraqi joint" (around Sharq area) by some Indian colleague of mine. In my opinion, they serve the best "Chikken Tikka" there in Kuwait. Also, I no longer experience an everyday apparitions of Virgin Mary ( I am Catholic by birth ), seeing a beautiful face with porcelain like skin... as there are few of them in my circle of Arab friends and work colleague (Kuwaiti, Lebanese) before.

Anyway, thanks for your feedback.

Kindest regards,
v2v
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #79,153
  • Apr 21, 2017 11:01am Apr 21, 2017 11:01am
Quoting Kuzact
Any advice on monday for eur/usd?
relax and watch)

have a great weekend!
  • #79,154
  • Apr 21, 2017 11:33am Apr 21, 2017 11:33am
Weekly trades on EUR/AUD on 1 hour time frame , +122 pips for the week

Hope this helps other to keep trying to reach there goal
Attached Image (click to enlarge)
Click to Enlarge Name: weekly.png Size: 74 KB
I Have Learned to Take Some Losses to Make Profits
  • #79,155
  • Apr 21, 2017 1:04pm Apr 21, 2017 1:04pm
Excuse me If I missed some information but I am wondering: is it recommended to look for trade confirmations in other timeframes? for example, if I am trading the 4hr timeframe is it ok to confirm TDI direction or look for possible reversals in the 1hr timeframe? is this accurate?

Thanks in advance for sharing your knowledge!
  • #79,156
  • Apr 21, 2017 1:15pm Apr 21, 2017 1:15pm
Quoting emmanuel7788
{quote} Look good but you could have entered one candle earlier. also not a good time to trade H4 after London closed. Try trade H1 or M15 after London close until NY session closes before handover to Sydney. learn to see the price action and if the TDI shows losing momentum. Not necessary that we must see the divergence then take a trade. When the price loses momentum, we be prepare for possible correction moves which can turn into reversal. important to look at recent bars/candles of two recent high/higher high or low/lower low... anything more...
I was at work unfortunately, otherwise I would have taken it a candle earlier.

Thanks for the feedback

Quoting Bluesky8635
{quote} Hi, Simba My point is : This is a sell signal, but not a A++ setup. Because the trade is inverse the trend and no confirm the high as Resistance. PS: Is that the indicator showing the risk on your pic left bottom? Can share? Thanks Good luck. {image}
There's a link to my template with all indicators that I use.

Also, thanks for your feedback, I appreciate it.
Attached File(s)
File Type: rar SimbaTMS.rar   43 KB | 401 downloads
Hakuna Matata
  • #79,157
  • Apr 21, 2017 1:22pm Apr 21, 2017 1:22pm
Quoting seoanecastor
Excuse me If I missed some information but I am wondering: is it recommended to look for trade confirmations in other timeframes? for example, if I am trading the 4hr timeframe is it ok to confirm TDI direction or look for possible reversals in the 1hr timeframe? is this accurate? Thanks in advance for sharing your knowledge!
you can use whatever timeframe you like, most importantly though is that the higher TF (not hourly, but daily and weekly if you use 4H) of the one you are looking at are always showing direction and they have momentum that is not so easily "reversed".

edit: you can take clues of the red line of the TDI on the daily to givee you direction for the 4H trades. it helps sometimes
  • #79,158
  • Apr 21, 2017 1:35pm Apr 21, 2017 1:35pm
Quoting v2vboni
Update: Heiken Ashi APB v1.07 --- Now with Heiken Ashi-Trend - Multiple Moving Average with Synergy APB based calculation --- Using Guppy Multiple Moving Average (Short) You may now download and ask technical questions on this indicator from the development journal thread here at FF
Update... again ; )-

Heiken Ashi APB v1.08

--- Completely added the Guppy Multiple Moving Average (Short & Long) but using Synergy APB based calculation.

You may now download and ask technical questions on this indicator from the development journal thread here
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #79,159
  • Apr 21, 2017 1:43pm Apr 21, 2017 1:43pm
Quoting v2vboni
{quote} Hello Kwt4x, It can be done, but it would require an additional CPU resources as it save and read a setting file every time you click those indicator panel header or whenever it switch from TF to TF. This indicator continuously evolve so maybe in not so distant future it might have that kind of feature. At the moment, you can just simply go to indicator menu itself and modify the setting from there or maybe save/load a settings file or create template on whatever settings you wanted to have. Note, you may ask additional question(s) or reply...
Hello v2vboni,

good luck with the development, looking forward for final results.

Kuwait is fine, everything just waiting for your return

p.s. remove burj khalifa image, I'm jealous. LOL

best regards,
"the public is not yet ready for it" W.D. GANN
  • #79,160
  • Apr 21, 2017 1:58pm Apr 21, 2017 1:58pm
Quoting Kwt4x
{quote} Hello v2vboni, good luck with the development, looking forward for final results. Kuwait is fine, everything just waiting for your return p.s. remove burj khalifa image, I'm jealous. LOL best regards,
hahahaha! ... you the have the real life OSCORP building there - Al Hamra Tower ; )- From the Spiderman movie, not many knew about it I guess... the company who designed or the architect of that building was also involved in Spiderman movie (Tobey Maquire Trilogy)

Anyway, I don't know if I will be coming back in Kuwait soon... maybe as a tourist only or once Kuwait finish those mega infrastructure plans - entertainment and leisure things a la Dubai.

By the way... I updated again the indicator Heiken Ashi APB.
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
27 traders viewing now