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Trading Made Simple

  • #90,781
  • Sep 14, 2018 9:31pm Sep 14, 2018 9:31pm
Quoting Chenzo25
{quote} So let me get this straight... You want them to Sell into Support??? Why would give you such awful advice? Not only was that a losing trade but it also hit the SL you said. {image}

@Chenzo,

You missed my important post before this.
Quoting emmanuel7788
{quote} Very good analysis and trade taken. Also nice chart pattern on H4 ... double tops at 800EMA, We shall see how this week will close and learn how the TDI Green line would respond to that price action. {image}
TMS 4H traders sold after that Double Tops chart pattern.

TMS 4H swing traders took profits at that support which I mentioned in my posts and charts.

TMS price action traders trading with support and resistance knows how to read the market. We do no sell into support. We look for that support to be broken first, than support broken will act as resistance for selling.
That PPA support in my chart posted was not broken. IN fact, the price was in consolidation seen with the H4 Master Candle which is the condition setup for breakout buy above the h4 Master Candle.
That PPA support was not broken and price did not trend below 1.5100 so we do not have any sell setups below 1.5100.

Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD Week 37 double top traders exit at support.png Size: 247 KB



Note the PPA Previous Price Action on my chart below:

Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD Week 37 Sep 12 price action comments.png Size: 269 KB


This thread does not provide trade signal nor advice. The late OP did not provide trade signals either. All he did was to post training charts for all to learn from him. It is for sharing of knowledge and experience. Every trader must learn to become independent trader and must do their own study and make their own trading decisions.

You have no clue what TMS price action trading with support and resistance.

Maybe OPTION 3 is good for you since your Gabriella system is heavily laden with indicators failed and you removed it.

Option #3:
For those with some years of trading experience trading with indicators, this option may be better.

Click and read One, Two and Three

TMS being the 5-Method is a technical trading methodology therefore you need to add your own Money Management and make it your own system. Your trading psychology is another subject matter not talked about much.

Good luck, you need this more than ....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #90,782
  • Sep 14, 2018 10:49pm Sep 14, 2018 10:49pm
Quoting Kwt4x
{quote} try using the MA to reflect major periods in the frame you are working in in H4: 30 bars in W1, 120 bars in MN1, 360 bars in 3 MN with the help of TDI you will know what S/R will stand or break, plus knowing general direction {image}
Hi Kwt4x , in order for me to be clear when trying to understand your point about MA and TDI , do you mean that on your chart :
- White MA is a MA30 put on H4,
- Blue MA is a MA120 put on H4,
- Yellow MA is MA360 put on H4 ,
- TDI standard parameters ,

Am I right ? If yes , could you develop your point a little more , thank you.
  • #90,783
  • Sep 14, 2018 10:58pm Sep 14, 2018 10:58pm
Quoting Kwt4x
{quote} try using the MA to reflect major periods in the frame you are working in in H4: 30 bars in W1, 120 bars in MN1, 360 bars in 3 MN with the help of TDI you will know what S/R will stand or break, plus knowing general direction {image}
No need to explain anymore , I fully understand your point now !
  • #90,784
  • Sep 15, 2018 12:57am Sep 15, 2018 12:57am
Quoting emmanuel7788
{quote} EURCAD Week 37 Sep 13 breaks lower PPA Previous Price Action and BRN 1.5100 as support... simple trade..only round numbers, use %Risk and do trade Position Size. sell 1.5100 SL 1.5200 TP 1.5000 {image}
emmanuel
Chenzo is right. You are playing a dangerous game with someone else money. How many members is trying this method for the first time or are still trying to understand post#647.
Now you a red flag member with a lot of post's and subscription post: sell 1.5100.
Many will only see: "sell 1.5100" and ignore everything else on the chart.
Regardless if price did not break support, you don't provide a signal service.
  • #90,785
  • Sep 15, 2018 1:09am Sep 15, 2018 1:09am
Quoting Malony
{quote} Sure his trades with straight entries etc. will now stop and meaningless confusing scam will start again.

Quoting emmanuel7788
{quote} @Chenzo, You missed my important post before this. {quote} TMS 4H traders sold after that Double Tops chart pattern. TMS 4H swing traders took profits at that support which I mentioned in my posts and charts. TMS price action traders trading with support and resistance knows how to read the market. We do no sell into support. We look for that support to be broken first, than support broken will act as resistance for selling.



Dont forget the TMS scamtraders like you. They take every demotrade and than only show the lucky ones.


Btw. your entry was straight in numbers. No need talk cheap. Everybody see clearly. Only a few newbies will need some time to exposure you. And who is we? Since you suffer schizophrenia you claimed. Hopefully "we" is not your multi ego.


Newbies be warned of emmanuel7788. Hes not true.
  • #90,786
  • Sep 15, 2018 1:51am Sep 15, 2018 1:51am
Quoting Tekkies
{quote} emmanuel Chenzo is right. You are playing a dangerous game with someone else money. How many members is trying this method for the first time or are still trying to understand post#647. Now you a red flag member with a lot of post's and subscription post: sell 1.5100. Many will only see: "sell 1.5100" and ignore everything else on the chart. Regardless if price did not break support, you don't provide a signal service.

He dont care about others money, rules of dead op`s or anybody but his looser ego.


Its pretty clear now again.
Newbies be warned of emmanuel7788. Hes not true.
  • #90,787
  • Sep 15, 2018 2:17am Sep 15, 2018 2:17am
Quoting emmanuel7788
{quote} @Malony, You have been FF member for more than 4 years. Are you profitable yet? I know you are not profitable because you are thread hopping for 4 years. You tried TMS for few months but did not achieve the win rate like the OP and you hop to other threads. For 4 years, you still have no clue why you are not profitable.

There's zero evidence to support your claim of profitability either...so be quiet!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #90,788
  • Sep 15, 2018 2:30am Sep 15, 2018 2:30am
Quoting realjumper
{quote} There's zero evidence to support your claim of profitability either...so be quiet!

+ i dont tell other people how to trade.

Emm is realy funny. Calling people thread hopping while he spend most of the time in other people threads taking screenshots. He even have a software for that. Loco.
Newbies be warned of emmanuel7788. Hes not true.
  • #90,789
  • Sep 15, 2018 2:49am Sep 15, 2018 2:49am
Quoting Malony
{quote} + i dont tell other people how to trade. Emm is realy funny. Calling people thread hopping while he spend most of the time in other people threads taking screenshots. He even have a software for that. Loco.

He also has a script that leeches trades off other people trade explorers....he said so himself. One can only wonder why, huh?!?!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #90,790
  • Sep 15, 2018 6:59am Sep 15, 2018 6:59am
Quoting emmanuel7788
{quote} @Chenzo, You missed my important post before this. {quote} TMS 4H traders sold after that Double Tops chart pattern. TMS 4H swing traders took profits at that support which I mentioned in my posts and charts. TMS price action traders trading with support and resistance knows how to read the market. We do no sell into support. We look for that support to be broken first, than support broken will act as resistance for selling. That PPA support in my chart posted was not broken. IN fact, the price was in consolidation seen with the H4 Master...
You will weasel out of anything. Unbelievable.
You will learn the most from your losing Trades
  • #90,791
  • Sep 15, 2018 11:07am Sep 15, 2018 11:07am
Quoting emmanuel7788
{quote} simple and brilliant
just a small return of favor for what I learned from you and BigE using TDI/TMS the past few years

so, Thank YOU
"the public is not yet ready for it" W.D. GANN
  • #90,792
  • Sep 15, 2018 6:53pm Sep 15, 2018 6:53pm
What happened in banking history on Sep 15, 2008?

With US$600 billion in debt, Lehman Brothers’ bankruptcy filing was the largest in US history.

That was the first and won't the the last either.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #90,793
  • Sep 15, 2018 6:57pm Sep 15, 2018 6:57pm
It's going to be another great weekend with F1 Singapore night race.

I look forward to see if Vettel can do magic. It is very difficult to overtake at the Singapore circuit but anything can happen today.


Attached Image (click to enlarge)
Click to Enlarge Name: F1 Signgapore qualifying Sep 15.png Size: 346 KB


Meantime, do you own weekend homework - do your own top down analysis and have an up to date big picture of all the currency pairs you want to trade next week Week 38 Sep 17 to 21. I will do mine soon and provide some trade ideas later.

Have fun while you are in Fun factory.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #90,794
  • Sep 15, 2018 7:42pm Sep 15, 2018 7:42pm
Quoting anti-flash
Actual TMS: https://www.forexfactory.com/showthr...0#post11471820
Lol. When technical analysis no more needed.
Profit growth tells you the trader ability.
  • #90,795
  • Sep 15, 2018 10:18pm Sep 15, 2018 10:18pm
If you trade depending on the TDI or RSI cross for trade signals, this is s good one to consider but first test it in live market conditions to be sure that it works for you.

It sure looks pretty on my history charts.

https://www.mql5.com/en/code/20398
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #90,796
  • Sep 15, 2018 10:30pm Sep 15, 2018 10:30pm
A good thread and interesting discussions which can help those of you trading with MEME.

https://www.forexfactory.com/showthread.php?t=716973
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #90,797
  • Sep 16, 2018 12:01am Sep 16, 2018 12:01am
My forex journey begins today...may this be a good one like my forefathers "eelfranz's"
  • #90,798
  • Edited 6:50am Sep 16, 2018 6:26am | Edited 6:50am
Quoting emmanuel7788
A good thread and interesting discussions which can help those of you trading with MEME. https://www.forexfactory.com/showthread.php?t=716973
Recently, I have been trading another method of MEME entry's and exits. My strategy utilises a fully Automated EA on 13 pairs 24/7.
It's coded to include Bollinger Bands as the signal to start trading. The idea is we are Buying when price hits the lower band and selling when price hits the upper band.
The rest is similar using averages prices to exit with set distances of 0.5ADR100 between trades. It uses three exit strategy's, one is exit on profit only, one is exit on average price plus 50 pips, the third exit is close all orders when the upper or lower band is reached.
Back testing results over three years shows a 105% return per year which is fine on a $10K account. Max. drawback is around $2,500. What that really means is I need to keep $5K in the account to avoid a margin call for a return around 32k in 3 years time. Again these are just the back tested results over 3 months so I can't confirm results look correct for around 1 year. If you read my post a week or two back, you will see this is just one EA in a basket of EA's I trade where the goal is not to get rich of one strategy. I choose to make a nice living of a profitable basket of 8 EA's.

The returns are far higher if you hand pick pairs but I prefer to set pairs and forget. Trading all 13 pairs at once insulates me from major pullbacks.
I noticed that 6 AU pair shows good profits in the back testing period.
Trading thin liquidity at the boundary of the charts
  • #90,799
  • Sep 16, 2018 6:31pm Sep 16, 2018 6:31pm
Quoting RickM
{quote} Recently, I have been trading another method of MEME entry's and exits. My strategy utilises a fully Automated EA on 13 pairs 24/7. It's coded to include Bollinger Bands as the signal to start trading. The idea is we are Buying when price hits the lower band and selling when price hits the upper band. The rest is similar using averages prices to exit with set distances of 0.5ADR100 between trades. It uses three exit strategy's, one is exit on profit only, one is exit on average price plus 50 pips, the third exit is close all orders when...

Hi Rick,

Thanks for sharing these.

I use the Bollinger Bands BB too but only when I do my top down analysis and prepare my trade plan. The BB is a very good volatility tool used by many professional traders. It works for both stock and forex trading to screen trending market with increase volatility. It is very simple and effective. Work great for position trading and long swing trading on D1 chart timeframe and also work for short swing on H4 too. The BB is used to define buy and sell zones. The trigger for any EA trade manager to buy or sell can also be simple and easy when we trade with average price giving the market room to breathe. There is no point in jumping in and out of the market trading the short timeframes H1 and below.
For example, look at AUDCAD D1, it has been in sell zone for 8 consecutive days.

The method is simple and is now less than 5% of a winning system. The other 35% is to work on the money management strategy to mitigate risks. Using multiple entries to build positions in the market is a proven strategy for many years. The exit strategy will determine how we perform our multiple exits which will determine the profitability of our winning system. To me it is the creation of a CashFlow model combining both the advantages of the Lotto model and the Insurance model.
My money management is simple. I allocate $5000 to trade each currency pair and when I want to trade 5 pairs in a pool, I need $25,000 and with that combine in one trading account, I can leverage using the combine balance and equity and have plenty of room to stay in the market for longer time than most. One can grow that account a lot easier with less stress and for every $5,000 growth in the account, you can than increase one more pair trade thus increasing your leverage. We can trade with low leverage accounts like 1:25 works and we do not have to reply on the broker's high leverage. Most people fails because they are under capitalized and they become victims of the high leverage financial markets of the big banks.

The remaining 60% of the winning system is in the mental strategies. This is where most people fail and will not make it to become profitable traders. This i something not talked about in most public forums like FF.

I'll PM you on the BB strategy separately. This thread is not ready for peak performance trading.

Trade Well.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #90,800
  • Sep 16, 2018 6:39pm Sep 16, 2018 6:39pm
Week 38 Sep 17 to 21 - AUDCAD

AUDCAD has been in its sell zone for the past 8 days. This will continue until I see its invalidation.
Near term target is sell from level 0.9320 to 0.9200, quite a small range in terms of pips but with MEME you can make more than 100 pips with proper position sizing.
I use MEME order distance 25 pips.
Remember to use profits lock every time you have profitable positions and not wait for trades to hit the level 0.9200.
Cut loss is above the previous 2 weeks high. Use % Risk of $5000 allocated.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDCAD Week 38 Sep 17 W1 targets.png Size: 38 KB


TMS chart below shown using pipware multi-charts.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDCAD Week 38 H4 BPP multi-charts Sep 17.png Size: 42 KB


Trade Well folks, and make some money.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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