My TMS Journal

This is my Trading Made Simple journal. My trading strategy is based on a thread started by Eelfranz (BigE)....

Here is the link: http://www.forexfactory.com/showthread.php?t=291622

I am a noob, start learning forex some years ago, on and off....

I will post my trading result, whether it is a winner or loser.....

Edit: I find that TF M30 is also good to try. Well.... this is my journey to find the most suitable trading system for myself..... so let's try it out....

Here is the link: http://www.forexfactory.com/showthread.php?t=526735

GBPUSD TF H4 --> a triangle



GBPUSD TF H1 --> up trend channel



I am expecting price will go down to the bottom of channel, with tight SL nearby 1.56700. TP around 1.55600.

This will be a counter trend trading.



I will jump in once I got a confirmation from TMS, waiting to see a sell signal after the candle close.

GBPUSD TF M30: Bearish Enfulging Candle



GBPUSD TF M15 --> sell signal



GBPUSD TF H1 --> weak sell signal



Let see what's happen....

Move SL to BE+1

Closed it manually, 5 pips away from my TP

EURAUD open buy position because of:

Hammer on 16 July TF H1 after hitting Daily Support 1.45450



Buy Signal from TDI TF M15. Candle on TDI TF H1 not yet closed.



After seeing the picture, this is not a good decision. Open Buy with so much resistance on TF H1 is not recommended.

Well, at least by doing this journal, I can correct my self.

But we'll wait for the result. Hopefully, the daily support is stronger than the H1 resistance.

If I wait for the signal from TF H1, I can have better price. (Now is - 20 pips).

More promising now.....

If candle TF H1 is closed above 1.47500, bigger possibility to reach the TP.

GBPUSD H4: Double Top



TDI H1 signal: sell

GBPUSD has reached support 1.55800. Price may retrace.

Move SL to BE+1.

Be careful of News US CPI at 19:30 GMT+7.

Closed both GBPUSD and EURAUD because it is Friday.



Got 92 pips for the week.... what a beginner's luck....

20 July 2015

GBPUSD M30

21 July 2015

EURAUD H1

Bounced from resistance with hammer candle



EURAUD M30

OP buy just above 50 Ema (purple line). Close position when price bounced from 200 Ema (green line) with +25 pips.



GBPAUD H1

Bounced from resistance, big round number 2.110 and hammer formed.



GBPAUD M30

In M30 price bounced from 200 Ema, op buy when TDI green cross over red and closed with +50 pips

EURAUD M30

OP Sell because price bounced from Ema 200 after LO. Closed with - 5 pips.



GBP AUD H1

OP sell because of the formation that looked like a head a shoulder, then price formed a hammer (TF H1) after LO.

Closed position when price hit the trendline. (+43 pips)

EURUSD TF D1



Break upper trendline, retrace and go into the trade with TDI M15. Got + 50 pips





EURJPY M30





Missed the GBPAUD M30 setup.

21 July 2015

EURAUD +25
GBPAUD +50
EURAUD -5
GBPAUD +43
EURUSD +50
EURJPY +12

Total for the day: +175 pips...

GBPAUD TF M30: Hammer candle bounced from Ema 200 TF M30



TDI TF H1 provide buy signal --> have to close the sell open position, does not have to wait until hit SL.



Hit SL with - 50 pips.

23 July 2015

GBPUSD M30

Eurusd m30

Good set up EURAUD before LO