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Monitor for 'Trading Made Simple' system 565 replies

Trading Made Simple the right way, and other trading lessons 334 replies

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Trading Made Simple

  • #97,581
  • Aug 22, 2019 10:53am Aug 22, 2019 10:53am
Quoting DrDave
{quote} Actually, if you apply a little analysis to what has already happened, you can trade both directions. For example: USDCAD H1 prior up swing spanned about 25 pips. If the next up swing mimics that, look for it to go 25 pips. But why take a chance? How about targeting only half of that, or even just 10 pips? Does that give you an edge right there? So when the TDI crossed up, look how far the price went up from there. If we are looking at the same entry bar, 10 pips was a breeze.
It makes a lot of sense!

I must confess that I try to focus in only one time frame to avoid analysis paralysis. There is a lot of things to polish in my trading, otherwise i would be profitable. I'm here to learn and I appreciate every advice. Thanks
  • #97,582
  • Aug 22, 2019 7:31pm Aug 22, 2019 7:31pm
Interesting one to follow up today,

AUDUSD Aug 23 M15 TOK_1hour

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Aug 23 M15 TOK1 23-08-2019 08-26-29.png Size: 49 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #97,583
  • Aug 22, 2019 7:35pm Aug 22, 2019 7:35pm
Later on, ....

EURJPY Aug 23 M15 TOK_1

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Click to Enlarge Name: EURJPY Aug 23 M15 TOK(1) 23-08-2019 08-32-07.png Size: 49 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #97,584
  • Aug 22, 2019 8:14pm Aug 22, 2019 8:14pm
Quoting eelfranz
Is that possible? Yes. Years ago when I retired I was looking for something to do. I attended a free local presentation about trading FX. My mind said "We can do that and make money too... from the recliner"... so the torture began as happens to all newbies... I bought one sure fire program for $2,300... saving $1,700 off the normal $4,000 price. Man... I'm on my way I thought. It was so difficult to understand and trade that I never made a dime... in fact I lost most of the time. When I called the companyit was all Greek to me... I thought a lot...
does this still work
  • #97,585
  • Aug 22, 2019 8:38pm Aug 22, 2019 8:38pm
Quoting emmanuel7788
Interesting one to follow up today, AUDUSD Aug 23 M15 TOK_1hour {image}

AUDUSD Aug 23 M15 ... price action REVERSAL CANDLE with Stoch(8,3,3) %K cross %D as signal , then follow up with Stoch cross its 50-level and TDI RSI(13)MA(2) cross MA(7) and its 50-level as signal ...

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD AUg 23 M15 TOK_2 23-08-2019 09-31-27.png Size: 50 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #97,586
  • Aug 22, 2019 10:56pm Aug 22, 2019 10:56pm
still short eurusd
Attached Image
  • #97,587
  • Aug 23, 2019 3:14am Aug 23, 2019 3:14am
Quoting ryudazooo
Does anyone have this indicator and template? I really want one.{image}
Hi,

I saw your chart I have the S&R indicator if you like? I am away from computer today from midday PM me and I can send it across if that is what your looking for

Many thanks
  • #97,588
  • Aug 23, 2019 4:14am Aug 23, 2019 4:14am
Thanks to GBPJPY, daily target harvested.
Attached Image
To free Gazans of Hamas, use whatever it takes.
  • #97,589
  • Aug 23, 2019 5:20am Aug 23, 2019 5:20am
Quoting DrDave
Thanks to GBPJPY, daily target harvested. {image}
man. how do you do it - it hardly ever moved up to now.
This one tiny spot (Stoch32cross50) and you're in and out as quick as lightning, wihile I sit and wait for my longTF.
  • #97,590
  • Edited 1:44pm Aug 23, 2019 5:30am | Edited 1:44pm
Quoting josi
{quote} man. how do you do it - it hardly ever moved up to now. This one tiny spot (Stoch32cross50) and you're in and out as quick as lightning, while I sit and wait for my longTF.
It's making a rally before the next continuation down. No problem to trade the rallies, as long as you go to the "correct" timeframe and then assess how many pips a swing is likely to go, then target only a portion. The swings were not very big at this timeframe, so I put on 2 trades with target of 5 pips rather than 1 trade with target of 10 pips. Always check to see what was already offered in the past to gauge how much is reasonable to target in the future rather than simply putting some arbitrary number based on something like R:R. (The markets are speaking to you. Do you know their language?)

Look at H1. It last made a nice down leg. Now it has started the rally...
To free Gazans of Hamas, use whatever it takes.
  • #97,591
  • Aug 23, 2019 12:37pm Aug 23, 2019 12:37pm
Quoting DrDave
{quote} Could you explain that a little better please? That has at least 2 possible meanings for me.
An event caused by a non red flag news item that can drastically affect the markets. e.g. Brexit news, China devaluing overnight, Trump announcing tariffs, etc.
"To live with Passion, it takes Courage and Grace to survive"
  • #97,592
  • Aug 23, 2019 12:40pm Aug 23, 2019 12:40pm
Quoting bluedocfx191
{quote} does this still work
97,000 posts should give you a clue. Read up on Eelfranz's posts and run some testing
"To live with Passion, it takes Courage and Grace to survive"
  • #97,593
  • Aug 23, 2019 4:21pm Aug 23, 2019 4:21pm
Quoting Britpip7
{quote} 97,000 posts should give you a clue. Read up on Eelfranz's posts and run some testing
NO 97,000 posts means nothing.

Go back 3 or 4 years and write down the names of all the regular posters at that time and see if they are still involved with trading this method.
Out of a couple of hundred posters over that time, only a handful remain today trading TMS.

That should give you a clue.

I am not saying you can't be profitable trading TMS, I am saying its possible only with a deep understanding of price Mechanics. Many traders that have gain that level of understanding have moved on to better strategy's.
Trading thin liquidity at the boundary of the charts
  • #97,594
  • Aug 23, 2019 4:51pm Aug 23, 2019 4:51pm
Quoting DrDave
{quote} Hint1: who is painting who's bars? Hint 2: you are not looking at enough timeframes. When the cherries trees in the orchard are ripening, you want to find the trees that give the best harvest. If you limit yourself to just a handful of rows of the orchard that you inspect, what do you think the chances are that you missed the best trees?
Hi DrDave

I feel this is the problem with trading strategy's like TMS.

The search for the best tree or rows of trees to pick the fruit from is already too late. The fruit is ripe to eat now but how could you guess that these trees would provide the very best fruit from the whole orchard last month. Its impossible to guess with any decent accuracy that you will pick the right trees regardless of how many farms or rows of trees you can inspect every day. Just because that row looked good last week means nothing.

Wouldn't it be better to just eat the fruit when its ripe and not guess?
Wouldn't it be better to wait until the MARKET MAKERS have played their hand so you can collect your profits while the fruit goes rotten?

Trading is actually very simple
Trading thin liquidity at the boundary of the charts
  • #97,595
  • Aug 23, 2019 7:25pm Aug 23, 2019 7:25pm
Quoting RickM
{quote} I am not saying you can't be profitable trading TMS, I am saying its possible only with a deep understanding of price Mechanics. Many traders that have gain that level of understanding have moved on to better strategy's.
I traded with TDI indicator many, many years ago. Yes moved on from it since.

You are spot on correct about this deep understanding of price mechanics that TMS tdi is a good opportunity to kick start this important lesson.

Instead of trying to figure out to emulate how bigE trade which is what people try to do here, use TMS tdi to figure out this deep understanding of price mechanics which I call price structure.
  • #97,596
  • Aug 23, 2019 7:33pm Aug 23, 2019 7:33pm
Quoting skyway
{quote} I traded with TDI indicator many, many years ago. Yes moved on from it since. You are spot on correct about this deep understanding of price mechanics that TMS tdi is a good opportunity to kick start this important lesson. Instead of trying to figure out to emulate how bigE trade which is what people try to do here, use TMS tdi to figure out this deep understanding of price mechanics which I call price structure.
again a trader who as the grasp of the mechanic and structure
people leave, but this thread will go on for ever
  • #97,597
  • Aug 23, 2019 7:38pm Aug 23, 2019 7:38pm
Quoting bluedocfx191
{quote} does this still work
you stopped at post#1 and ask a very simple question.

well, keep on reading ...

when you come to Post#5, then you know where some0ne got lost.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #97,598
  • Aug 23, 2019 7:42pm Aug 23, 2019 7:42pm
Quoting bluedocfx191
{quote} does this still work
does this still work

study these two charts below - A and B

if you can make out the difference of these two, then you know which chart to trade in realtime live market

Attached Image (click to enlarge)
Click to Enlarge Name: 24-08-2019 07-47-12.png Size: 53 KB


Attached Image (click to enlarge)
Click to Enlarge Name: 24-08-2019 07-48-13.png Size: 54 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #97,599
  • Edited 12:54am Aug 24, 2019 12:39am | Edited 12:54am
Quoting skyway
{quote} I traded with TDI indicator many, many years ago. Yes moved on from it since. You are spot on correct about this deep understanding of price mechanics that TMS tdi is a good opportunity to kick start this important lesson. Instead of trying to figure out to emulate how bigE trade which is what people try to do here, use TMS tdi to figure out this deep understanding of price mechanics which I call price structure.
Hi Sky

I believe we first have to accept that the market is highly manipulated by a single entity or a group of big players. Haven't you ever wondered if every time you placed a trade, you actually reversed your trade decision and when short instead of long or long instead of short. Then you decided to cut the trade or stay longer in the trade than you were going to do. Now doing this simple trading idea would probably double the amount of profitable traders in this game.
This is the result of most retail traders being played and taken to the cleaners by the entity.

Here is a example.
Many traders foolishly believe RESISTANCE is a real thing and use it to make trade decisions. After all our broker gives us nice trading manuals and teaches us how to be successful traders, that's mistake number 1. Whats really happening is the entity stops price at a certain level that appears to match a price of previous price action. Its after a reaction but only attracts a few traders to place a trade. The following hour it returns to the same spot and reverses again at this same spot. Now the traders start to enter trades in mass now because the trading manuals seems correct. That's thousands of traders entering Sell trades perhaps and placing their stops above the recent high. Now the entity is only interested in those stops but its greedy so again it returns and reverses at the same point. By now all those traders are still waiting for the big move down but feel safe so they double their trade size and add more shorts.
Then with one large move, price is pushed up to clear out all stops which makes a lot of money for the big players and destroys some retail traders funds. That RESISTANCE was just a trap and never existed from the start. Then to continue the trap, they do go short after all the stops have been exhausted so the manuals now seem correct again and the traders just blame themselves for placing their stops too close to the action instead of understanding they were just fools in the first place. Its the inbalance or weight on the chart by these stops that causes this problem in the end traders can't see whats happening.
This is what i mean in a previous post by just waiting for the market to show its hand FIRST. Once we understand their plan AFTER the clear out of stops has occurred, we join them for some easy money. Market flow is now confirmed, happy days.
Trading thin liquidity at the boundary of the charts
  • #97,600
  • Aug 24, 2019 12:52am Aug 24, 2019 12:52am
Quoting RickM
{quote} Hi Sky I believe we first have to accept that the market is highly manipulated by a single entity or a group of big players. Haven't you ever wondered if every time you placed a trade, you actually reversed your trade decision and when short instead of long or long instead of short. Then you decided to cut the trade or stay longer in the trade than you were going to do. Now doing this simple trading idea would probably double the amount of profitable traders in this game. This is the result of most retail traders being played and taken to...
Hi Rick, when George shared his MM manipulation concept tbh I didn't "get it". Now I do - he is right I was wrong. I've gone one step further to recognise future MM psychological manipulation plan before they happen. What I can say is all the strategies on this FF system section omit this MM manipulation thing that's the shortfall. I've spent much time studying his concept and I'm thankful he opened my eyes that now I "see" the unseen. Like you said, trading is easy.
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