DislikedFor anyone interested here is an article on Market Structure etc. https://www.tradingview.com/chart/GB...al-Charts-1-5/Ignored
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Trading Made Simple the right way, and other trading lessons 332 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
DislikedFor anyone interested here is an article on Market Structure etc. https://www.tradingview.com/chart/GB...al-Charts-1-5/Ignored
Disliked{quote} IMO the rejection was priced in with a move of -200 pips GBPUSD on the expectations of a failed deal vote. Reversal may have been profit taking and the possibility of a delay. That mixed with May having enough votes to avoid a no confidence vote may be leading to a hope of more negotiations for a softer Brexit. That's how I'm reading it anyhow that the expected failed deal was priced in for that day leading up to the rejection. I could be wrong but the move after the vote was in contrast to the vote, but the move leading up to the vote was...Ignored
Disliked{quote}Oh man, okay so I am out of here there are probably better places to invest my time in. I will find them.Ignored
Disliked{quote} Iddd you only need to read from Post#1 tot BigE's last post#12912 Everything needed have been posted by him. Have a safe journey Iddd, may you find what you seek.Ignored
Quoting eelfranzDislikedWe only use Heiken Ashi candles... that's important.Ignored
Quoting eelfranzDislikedIf I do any day trading I'll use 1hr charts at news time. Any method and any timeframes are difficult and fast on the 5-15 min charts. That's where most traders get taken to the slaughter and the dealers know it which puts the odds in their favor...Ignored
DislikedI'm going to do a test on the Daily charts. When green crosses red I'll stay in until green crosses red again. I'll report the results in a week or so... I'll only enter if the candles are medium length or larger... wish me luck ...Ignored
Disliked{quote} And did you read the following Tekkies? {quote} Have you ever used google translate to see what the word "IMPORTANT" means? :-) {quote} No word about that something like looking down to the M15 is needed to trade H1 charts like you demonstrate with your charts here regularly while not even trading currencies and playing with the DE30. So regarding this information, why don't you start posting charts with H1 or H4 trades from now on lets say on GU or any other major currency pair like most traders are interested in to trade here. Otherwise...Ignored
Disliked{quote} and How about trading the Daily charts? the OP started his tests in Jul 2011 but never posted his results. I did that same tests and I was convinced trading the Daily will produce enough number of trade opportunities per year. To mitigate the risks of deep retracements and taking advantage of the rectracements trading the Daily swings, I use the Average Price Bar APB/HA (modified Heiken Ashi) in my trading system. You do not need to enter the market using the full risk in one single entry. You build up your positions to your full risk during...Ignored
Disliked{quote} This thread already has way too many non TMS strategies going on - Why dont you start your own thread. I'm keen to learn.Ignored
Disliked{quote} Let me know which thread. I'm keen to learn your strategy. RgdsIgnored
Disliked{quote} Dear Emmaunel, Please guide, I read posts and trying to test simple TNS system but so far failed and loosing all trades. Sometimes H4 says red crissec green but Daiky it's Green crossed red and H1 is like daily or H4 then what should be followed. I'm getting confused. I read posts but not getting clearity. Please provide clear cut of rules and guide hw to kearn this system. ThanksIgnored
DislikedI shorted this pair long time ago based on PA. However, TDI is currently giving a signal to add to the position. Try to find a correction on LTF and short the pair. Unless you want to avoid trading this week Bec of news. {image}Ignored
DislikedIs trading TMS H4 timeframe following simple basic price action plus TDI confirmation profitable? This has been the doubt of some people for very long time. Here is a quick back-test GBPUSD using H4 live price data of my broker for the period Jan to Dec 2018. Price close above PAC and TDI Green above Red - BUY Price close below PAC and TDI Green below Red - Sell Maximum Risk $5,000, if margin call ... then Game Over. {image}Ignored
Disliked{quote} But also don't please forget that the reading of PA is very very subjective from one trader to another. A slight angle in the TL will give different image. A slight shift in a horizontal S/R will alter the bias. The whole MTF PA is not always something traders would convene on. And the success/failure of one pair is not enough.Ignored
DislikedIs trading TMS H4 timeframe following simple basic price action plus TDI confirmation profitable? This has been the doubt of some people for very long time. Here is a quick back-test GBPUSD using H4 live price data of my broker for the period Jan to Dec 2018. Price close above PAC and TDI Green above Red - BUY Price close below PAC and TDI Green below Red - Sell Maximum Risk $5,000, if margin call ... then Game Over. {image}Ignored
Disliked{quote} But also don't please forget that the reading of PA is very very subjective from one trader to another. A slight angle in the TL will give different image. A slight shift in a horizontal S/R will alter the bias. The whole MTF PA is not always something traders would convene on. And the success/failure of one pair is not enough.Ignored
Disliked{quote} Poor results for the average losing trades almost same as large as the average trades were won. Where is drawdown for that 53%? You can make the same amount of money with zero risk selling some ebook or working 30 days in a diner...Ignored