Disliked{quote} My candlesticks are all one color red and blue. I have to change the outline in order to tell the difference between the open and close of each bar.Ignored
I Have Learned to Take Some Losses to Make Profits
Trading Made Simple the right way, and other trading lessons 333 replies
Monitor for 'Trading Made Simple' system 563 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
Disliked{quote} My candlesticks are all one color red and blue. I have to change the outline in order to tell the difference between the open and close of each bar.Ignored
Disliked...Disliked{quote} Hi moretti et all, Forming small groups of like-minded TMS traders in a live trading room (using skype or other realtime online chat) is a good idea. A few members here have started but as I know, they did not continue for very long and eventually stopped. I would love to hear from the experience from those who started live trading groups and are still active. I am sure those members who joined these previous live trading groups have their experience why they did not continue. We can learn from them and not makeIgnoredIgnored
DislikedHi Everyone, Just did my EA (daily) backtesting on simulator and was able to record it (30 mins video without audio but notes on the video for clarification). This video is basically showing our state of mind as trader while trading, the questions that arise when we take a trade, what happens if we continuously monitor our trade rather than let it run and do its thing and look at it after every candle close. 1. What happens when we take a trade in support/resistance area 2. Are we just looking at the PA and not following the TDI confirmation 3....Ignored
DislikedHi Everyone, Just did my EA (daily) backtesting on simulator and was able to record it (30 mins video without audio but notes on the video for clarification). This video is basically showing our state of mind as trader while trading, the questions that arise when we take a trade, what happens if we continuously monitor our trade rather than let it run and do its thing and look at it after every candle close. 1. What happens when we take a trade in support/resistance area 2. Are we just looking at the PA and not following the TDI confirmation 3....Ignored
Disliked{quote} I haven't traded for 2 days. But for the month I'm showing a profit of nearly 400 pips, about a 60% success rate. I'm happy with this it's only my 2nd TMS month.Ignored
Disliked{quote} What is GMMA slow? There is no indicator by that name in the paper clip? adr_v2 is also not available in the paper clip. Anyway, this month will be a testing time for me. Planning to take some time out and spend time on TMS. Hope New year will be some thing different and confident that it will be a good Forex trading year with the help of this TMS and this thread. Regards, ABIgnored
Disliked{quote} Micro account is better, since you can optimize your risk better. Two things before you get started with real money: Learn the lessons from eelfranz, his guidance and repeated warnings and recommondations have to be taken seriously. He passed away, but you can still learn from his expertation in this thread. Also study the posts of people who have been trading this system for a long time. Learn about risk management and market techniques, better spend money on your education than burning it on the markets. Find your comfortable Risk Zone....Ignored
Disliked{quote}Ok I see where you went in on EJ now, by my reckoning there was 35 pips from the open of the candle you went in on, to where you actually went in. If the low is that far away, you have plenty of time (hopefully) to allow you to set your breakeven if necessary. Never wait that long before getting into a trade, if the low was close then I can understand it, but that is a very long distance to wait. As far as the GJ trade goes, 12 noon London, is usually pretty quiet unless there is news of some sort to give it a spurt.Ignored
Disliked{quote} MrAussieFx, That was excellent, thank you! My initial thoughts: Try not to trade in congestion where the market isn't going anywhere. Use a predetermined take profit levels (tp1, tp2, tp3) take your profits & run. Use of price action signals (pin-bars, engulfing bars, Inside bars with the trend) is good. Their are 2 rules of thought on stop loss setting's. (1) set your stop & don't move it. (2). Move your stop loss to BE as soon as possible. I kinda like rule #1. Trading with the trend or retracements away from the guppy's work better. Converting...Ignored
Disliked{quote} That is absolutely amazing. I've been at this for two years and still come up empty handed month to month. Dont feel too bad mate, put it down to gaining experience.... Together we will get our wheel barrow in the New Year Take care and happy holidays to you..Ignored
DislikedHi all, This is my third week with TMS using the 4 typical factors found in my charts that influence my decisions, which includes TDI as the principle indicator. The bottom line is that it continues to yield positive results, which is what its all about, My breakdown this week has been the following. 14 trades (various t/fs) 10 wins booked +360 4 still in play (2 are currently up and 2 are currently down for net -35). The majority of winners have been lightly traded thus far to prove its consistency, and I'm obviously delighted with the results...Ignored
DislikedHi Everyone, Just did my EA (daily) backtesting on simulator and was able to record it (30 mins video without audio but notes on the video for clarification). This video is basically showing our state of mind as trader while trading, the questions that arise when we take a trade, what happens if we continuously monitor our trade rather than let it run and do its thing and look at it after every candle close. 1. What happens when we take a trade in support/resistance area 2. Are we just looking at the PA and not following the TDI confirmation 3....Ignored