Trading Made Simple

Quoting xmacmanx

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Hello All, Working my way true all the pages on this topic. Trying to find out if I have the latest indicators and template(s) for MT4. Can any one tell me which post number I should go true to download the proper things and latest updates I need. Thanks in advance.

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Quoting emmanuel7788

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{quote} I really feel sorry for many of you new members who just found this thread. It is now 4,000 pages, 80,000 post and it will take a lot of your time to learn what Trading Made Simple is all about. It has been more than 5 years since eelfranz aka Big E was online in Dec 2011 and he passed away the following year. But there is a quick start, here you have three Options: You can have three options: Option #1: Go to this post link, read and follow that post. https://www.forexfactory.com/showthr...80#post9661780...

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Quoting okoso

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Hi fellow traders. My pick for the next week MEME trade is long XAUUSD and short GBPJPY. W1 XAUUSD is making Low, High, HL, HH, HL and last week we had 3rd consecutive bullish bar and D1 we had MC(3) breakout on last Friday. Thanks for your comments. Warning: I am a newbie, so this plan is for discussion and learning purpose only. Okoso {image} {image}

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Quoting fxrabbi

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{quote} You have never got tired with this your ready-made solutions.... Good guy.... Nice guy....

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Quoting emmanuel7788

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{quote} Trading with small lot sizes is only for fun. just use my usual %risk I would be trading with 2 standards lots. But if I divided that into 10 smaller lost of 0.2 lot each, I can report 10 times more pips but it can happen in both direction. It can be 1000 pips loss or 1000 pips profit. Just a game to look impressive with hundreds or thousand of pips win. Lets look at EURGBP for example, LTF traders sold EG in the lower timeframe when the price action was near the BRN 0.8500 and 0.8520. But TMS traders look at D1 chart and the use of the...

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Quoting emmanuel7788

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{quote} {quote} Start by reading these posts: Money Management Big E on Money Management Post#78,902 https://www.forexfactory.com/showthr...49#post9760549 Big E on using multiple entries in the CHS thread Post#2622 , Post#2629 , Post#2771...

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Quoting Seshwaan

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Morning Gents, See below my entries this morning. I closed my NZDUSD short positions this morning as TDI hooked back on me, all in all +10 pips so not too bad. EURAUD sell on the daily - {image} AUDCAD buy H4 - {image}

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Quoting emmanuel7788

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{quote} NZDUSD Week 21 update 4 May 25: yesterday it made a higher high and higher close, but this morning open with gap down. If later today it does not trade above yesterday's high, then most likely it will be a Day Inside Bar. Question is whether today HA candle will close with change in colour. For the HA to close change in colour, the real price must close below 0.7007 which is yesterday HA open. As the trader, I have to make that crucial decision today, How much am I willing to give back to the market? is giving back 50% too much? {image}...

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Quoting bistolis

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{quote} Keep in mind the consolidation over the last days, good luck. what is your target to exit ? {image} my opinion for AC is that it's too soon

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Quoting emmanuel7788

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{quote} unless anyone else has another simpler solution to help new members coming here for the first time, I will happily retire and do my own thing.

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Quoting emmanuel7788

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{quote} NZDUSD Week 2 trade update May 29: Surprisingly, toady made a higher high so I can move my protective SL to below today's low and protect about 800 pips profits. Now can move my TP higher to 0.1750 which will give me 2000 pips when hit. Exit strategy is to close trades when the HA candle close with change in colour or when the price fails to make higher high in the next few days. {image}

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Quoting darko2010

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Quick question for the seasoned TDI traders: is there a specific merit to trade NZD, CHF and CAD pairs as they mostly replicate AUD, EUR and USD? For the last few years, the trading range on AUDNZD, EURCHF and USDCAD has been very modest, so is there something else I am failing to see? Thanks for your comments D

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Quoting mokuro89

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{quote} Would this mean that we must have the 'valve' for safety reasons ex: price went against us more than the allowed distance, so distant positions must be automatic closed. And by Manual maybe you mean something like "the price didnt went that much against us (enought for automatic safety close), but we can still close a distant door (distant position) and open a new one on new price (probably with volume increase) to get a better average" (even when SL conditions not met)? so the whole basket would bennefit from it (I assume you must close...

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Quoting Seshwaan

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{quote} Yeah I spotted that consolidtion and had a target of 40 pips, it was +35 at one point and now has retraced to -10 I am too greedy. Also agree that its a bit early for AC but wanted to test trying to get in on the first candle and monitor drawdowns for future entrys that look simliar

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Quoting emmanuel7788

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{quote} NZDUSD continues to make higher high and now near the BRN 0.7100. Must watch the reaction at BRN now. Since today did not make a higher low, I keep my SL at the same level and wait till NY closing. {image}

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Quoting emmanuel7788

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{quote} XAUDUSD Week 22 May 30 update: Traders are hungry after yesterday' non-trading days in the UK and US. Today open bullish rally. {image} Longer term targets 1283 and 1293, can take days to reach those levels and it won't be one single line rally, it can be choppy days..

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