If you trade like me, you'll be homeless and broke within a week.
Goldilocks All Time Return:
-28.2%
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
DislikedI've recently downloaded a demo of Mt4. I really like the template in post 21,863. Is there a way to do that in mt4? CheersIgnored
Disliked{quote} Hi Axiom, the news was one and half hours away when I decided on that entry. that pullback candle has stromg downward momentum. Looks at M15, the first M15 bar of that H1 candle was green, then the next 3 M15 were red... this is strong H1 close.... although you see the APB was blue, the real price close was red. To mitiate the risk, there must be room to scale out and reduce the overall trade risk from R to 0.5R when I scale out one position taking profit at +R. I kept the initial SL at -1xR and look at the PA when news release. Seeing the...Ignored
Disliked{quote} Answer: Yes. TMS is a trend trading method like most trading systems, we are trend traders. The TDI is a hybrid indicator showing the relative strength of the price movements and also the general trend direction using both the Price Line (green) and the Trade Signal Line (red). The first task of the trader is to identify the trend, look for when the trend starts and confirms that. Then the next task after confirming the trend has started, the trader then looks for CONTINUATION to join in the market trend. During the trend, there will be...Ignored
Disliked{quote} Modendran, check out the paper clip at the top right hand of the page. Search the attachments by file type and look at all the PDFs that have been uploaded. There have been a lot of PDFs posted that will help you get up to speed. Last week someone posted their third installment of PHx62's top trading example posts - check out post 21,252! ErolIgnored
DislikedHi Emmanuel, you may have got this question millions of times, however where can i find or what is the name of the tdi indicator which you use which includes the blue 'bollinger bands'? Many Regards, Jay24Ignored
Disliked{quote} Hi Jay, It's still the same indicator. If you want bollinger bands in your indicator,simply attached it to your chart. Then right click on your TDI indicator,switch to "Color" Tabs and change the color of "1" and "3" to your choice. And then you have it. I can't take picture right now so I hope you understand what I say.Ignored
DislikedHi PHx62, Just a quick question, how do you enter into a trade ( aggressively or via a pending order ) ?Ignored
DislikedIn viewing emmanuel's post regarding how APBs cover 'real' price I have 2 charts on my screen: one is the TMS strategy and the other is regular candlesticks with the TDI indicator at the bottom. I sometimes take a trade if the candlestick is an EB, OB, PB, etc. but only in line with the trend. I personally have a hard time reading true price action as given by APB so candlesticks provide good backup. p.Ignored
Disliked{quote} Hi Emmanuel, I am reading your posts with much interest. The 10 trading skills you mention are indeed important. In which posts did you describe the skills in more detail?Ignored
DislikedHi traders, Took this trade yesterday. See the picture below. Could scalpe more out in M15 TF but didnīt check the lower TF. @emmanuel: Can you please explain the MTFA and especially the triple screen concept more ? When i understood you right, i have to look the H4 TF, then the H1 TF, and the third TF is the M15. (4:1) isnīt it ? Best regards, FX94 {image}Ignored
DislikedSeems like I still need a lot more practice. My very first live account started $1,000 2 weeks ago. Discovered this thread when my balance was down to $100. And now it's $21, not enough for even a micro trade. So back to demo it is. I'm really excited to practice more into TMS!Ignored