Made about 6 pips with this pair. 1st trade hit sl 14 pips and 2nd short came out with 20 pips profit. Waiting for H1 candle to close to decide
the cautious seldom err....C
Trading Made Simple the right way, and other trading lessons 333 replies
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Indicators for the 'Trading Made Simple' system 343 replies
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Trading Made Simple system follower - Thanks to eelfranz 9 replies
Disliked{quote} This thread is dead for anyone but 1 month newbies, dead and gone long ago.Ignored
DislikedI've been away because of work and couldn't trade much. I had 1 good trade last week and one big bad trade. Today I took GA H1 trade as I got off from work and below is my explanation of the trade. I'll usually stick to the daily timeframe in future and will only trade H4, H1 when ever Ill have enough time to monitor the trades. GA H1 {image} Any support and what's my target ? {image} Did I check the higher time frame before taking the trade, Yes I did. {image} {image} Please feel free to comment and suggest. RegardsIgnored
Disliked{quote} Sad times indeed! TMS thread is losing its momentum fast due to people not respecting the creator or indeed the title of the thread. It seems many consistent and profitable traders of much experience have decided there is no point posting here anymore. I only hope the few left don't follow suit. Blowing smoke up someones nether regions will not make you a successful trader. Picking ONE system and following it might. And surely if you're here in this thread you want to learn TMS right? Not TMEmm...that is not TMS.Ignored
DislikedGuys Does TDI repaint? I sometimes see the Red Line corrects itself, am I mistaken?Ignored
Disliked{quote} Yes,it's repainting. Try this version. no repaint and add mtf {file}Ignored
Disliked{quote} Thanks, But why most of masters talked about backtesting the TDI?! I wasted a lot of time doing backtesting? Although I suppose TDI doesn't repaint to the extent to change my backtests results, what do you think gentlemen?Ignored
DislikedMade my 10% cycle for this week and cant be complaining here. Have Fun Folks. Goodnight.Ignored
Disliked{quote} Thanks, But why most of masters talked about backtesting the TDI?! I wasted a lot of time doing backtesting? Although I suppose TDI doesn't repaint to the extent to change my backtests results, what do you think gentlemen?Ignored
Disliked{quote}Oh thats good, seeing all the breakevens and losses you posted this week (apart from EurCad) I was worried you might not have made much money, its a relief to see you still made your 10% cycle.Ignored
Disliked{quote} As far as I am concerned, backtesting the TDI serves barely any purpose. Backtest the PA setups you will be looking for, while looking at TDI each time. You will teach your eyes, eventually, when the TDI is expected to cross from every position. Backtesting the TDI in itself won't show you the many times where TDI appears to have crossed, but by candle close you will have ended up with a mere bounce. I suppose I'd get eaten alive by some folks here for saying this, but TDI is better off as a confirmation tool... You will notice that even...Ignored
Disliked{quote} Wdays, Totally agreed, PA comes first But TDI is almost the best confirmation indicator, & because of that I suppose with a good cross angle between green & red, beside a good place of the cross it may alert high probability trades. don't you think so?Ignored
Quoting lastingwellDislikedI'm on h1 but really I'm trading h4 because of the tdi, and if I'm on m15 I'm really trading h1. Its easier for me to see if there is likely to be a pullback and also to re-enter if I want toIgnored
DislikedDon't contact Dean Malone about the TDI. The way he uses it for his method is 180 degrees from how we use it... you need to learn how to use it our way... The TDI is the heart of our method. It tells you when to enter and where to exit any trades... so review previous posts and learn it good. HA Candles are important because it makes your trading way less stressful... use them. Stoch's is nothing but confirmation. If Stoch's & the TDI give different signals... lights flash off and on warning me to take a closer look before...Ignored
Disliked.... Lets say I see a trade set up on the 4 hr. chart... I'll look down at the 1 hour chart to see what it's doing before entering. I don't check all time frames below the 4 hour.... just one time frame below the chart I want to trade.Ignored