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Trading Made Simple

  • #80,601
  • Jul 5, 2017 9:43am Jul 5, 2017 9:43am
Quoting emmanuel7788
{quote} https://www.forexfactory.com/showthr...68#post8753868 read that thread and get all the tips.
tnx
  • #80,602
  • Jul 5, 2017 9:45am Jul 5, 2017 9:45am
Quoting mizi123
{quote} Yes i em Emannuel have expained some insides better than elefanz during these trip here....
hello mizi123
i try also to trade in best way

so can u share some of these tips
tnx
  • #80,603
  • Jul 5, 2017 10:51am Jul 5, 2017 10:51am
Quoting emmanuel7788
{quote} When I trade H4, I prefer to trade in the direction with D1 and W1 both to be in favour of the same direction of the H4. Look at this EURAUD multi-chart below, H4 looks like a setup candle but the D1 and W1 are different. The 10EMA on D1 and W1 are below the current price action and this is quite clear on H4 with the 50EMA and 200EMA close by and just below the H4 price action. Taking the trade means we need get in and get out fast. {image}
Hey Emmanuel778,
I got a question, currently at page 67 of the thread and spent over 10+ years reading and learning the system, BUT I GOT ONE QUESTION. haha, regarding the entries.
Do you ENTER a trade on the CLOSE of the #1 candle and / or #2 HA (coloured: red or blue depending the trade). Lets say you go short. IN this example, click link for picture.. http://prntscr.com/frzktb
You can see that AFTER the blue candle CLOSES, you can see that after that CLOSE, the TDI crosses ( TDI is always 1 candle behind and the change in PA in this case the red verticale line, was shown at the OPEN of the next red candle).
Does this is ' possible' enter #1 ( OPEN OF FIRST RED CANDLE)?
OR
What I think is more logic to me..
http://prntscr.com/frzm9a
AND:
http://prntscr.com/frzn68
You enter on the OPEN of the arrow or close OF the CANDLE of the first red verticale line..
This would make a lot more sense to me..
Because you first need APB conformation ( colour needs to be the same as the entry you would take, lets say short: red, long, blue.)

have been thinking this last couple of days..
Would REALLY REALLY appreciate the help, thanks in advance.
Sheeep
"Luck is when opportunity meets preparation"
  • #80,604
  • Jul 5, 2017 11:25am Jul 5, 2017 11:25am
Quoting emmanuel7788
{quote} you are not new to forex trading, right? your indicators and setting are okay to trade with. you got 'killed' because TMS is price action and support/resistance PASR trading. Post#647 when you did not trade PASR with discretionary decisions, you wont make it. following a 100% mechanical rules based trading using the HA candle with the PAC and TDI Moderate mode, you stand a good chance to make some money. forget about trading H1 and any TF below. Start trading...
Thanks for the reply. No, I'm not new, but I did take several years off, and am now finally trying to get back in the grove. I did pretty well for a couple years, but it was with a completely different strategy. After coming back to FOREX, I've learned it isn't like getting back on a bicycle. I tried the old way, but now that I am older, it just doesn't suit me... and I just don't feel it (if you know what I mean). I had checked out TSM a very very long time ago, I liked it then but never gave it a shot.

I thought my charts are fine, I guess I just got caught up on the wrong side of S/R. I only have been trading the H4 and D1, and plan on sticking to that. So far, I've spent most of my time on the daily.

Thanks for the input.
  • #80,605
  • Jul 5, 2017 12:43pm Jul 5, 2017 12:43pm
Quoting emmanuel7788
{quote} when you are on the wrong side of the 'trend' or when the retracement goes too deep, only cut-loss will save your account. you can use the Chandelier Exit it is very effective for trend trading. You just need to pick the 'right' ATR ration on the chart timeframe.
question : i saw that you were active in this Thread: https://www.forexfactory.com/showthread.php?t=292301

Can you please tell me if you are using that ea?! And if you can help me with the setting!

https://www.forexfactory.com/attachm...1&d=1397215008
  • #80,606
  • Jul 5, 2017 4:43pm Jul 5, 2017 4:43pm
Quoting andreiu
{quote} question : i saw that you were active in this Thread: https://www.forexfactory.com/showthread.php?t=292301 Can you please tell me if you are using that ea?! And if you can help me with the setting! https://www.forexfactory.com/attachm...1&d=1397215008

Hi,

You may want to read these old post:


https://www.forexfactory.com/showthr...48#post7389448
https://www.forexfactory.com/showthr...46#post7398746
https://www.forexfactory.com/showthr...54#post7398854
https://www.forexfactory.com/showthr...99#post7399899
https://www.forexfactory.com/showthr...19#post8759319
https://www.forexfactory.com/showthr...76#post9380876
https://www.forexfactory.com/showthr...03#post9536303
https://www.forexfactory.com/showthr...42#post9541642


Incidentally, there is a new version of Steve Hopwood's MPTM trade manager EA with the latest in m1l4 programming language features. You can download that at his website because I am not allowed to attached his work here in FF.
I started testing it this week to manage multiple trades entries and is working nicely.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #80,607
  • Jul 5, 2017 4:50pm Jul 5, 2017 4:50pm
Quoting Sheeep44
{quote} Hey Emmanuel778, I got a question, currently at page 67 of the thread and spent over 10+ years reading and learning the system, BUT I GOT ONE QUESTION. haha, regarding the entries. Do you ENTER a trade on the CLOSE of the #1 candle and / or #2 HA (coloured: red or blue depending the trade). Lets say you go short. IN this example, click link for picture.. http://prntscr.com/frzktb You can see that AFTER the blue candle CLOSES, you can see that after that CLOSE, the TDI crosses ( TDI is always 1 candle behind and the change in PA...
Hi,

I think to read all the 80k posts in this thread will take very long time and to get started trading with TMS 5-Method.

Option #2 below would be a good start.

Option #3, if you are an experienced trader with say 5 years trading experience, Option #3 would be the place to start.


You can have three options:

Option #1: Go to this post link, read and follow that post.

https://www.forexfactory.com/showthr...80#post9661780

Option #2: Go to this post link, download and read those two pdfs files.

https://www.forexfactory.com/showthr...31#post9656031

Option #3: Click and read One, Two and Three
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #80,608
  • Jul 5, 2017 5:17pm Jul 5, 2017 5:17pm
Quoting emmanuel7788
AUDNZD Monthly Big Picture Without buyers support, it can fall from 1.036 to 1.017... its long way down in the coming month(s). {image} if anyone went long at around 1.050 and 1.060, its time review your price swing strategy and to cut-loss. Why let your trading capital be locked in huge drawdown for such long period.

remember this post?

maybe its good time to review how we can make some money this month trading AUDNZD.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD Week 27 H4 mutli-charts.png Size: 60 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #80,609
  • Jul 5, 2017 5:56pm Jul 5, 2017 5:56pm
GBPUSD Week 27 Jul 06:

Is this a H4 swing low for this week?

Do you want to invest some money in this and be buyer?

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Week 27 Jul 06 H4 swing low this week.png Size: 63 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #80,610
  • Jul 5, 2017 7:16pm Jul 5, 2017 7:16pm
Quoting emmanuel7788
GBPUSD Week 27 Jul 06: Is this a H4 swing low for this week? Do you want to invest some money in this and be buyer? {image}
yes..
It's in fear when people show what they truly value.
  • #80,611
  • Jul 5, 2017 8:55pm Jul 5, 2017 8:55pm
Quoting emmanuel7788
GBPUSD Week 27 Jul 06: Is this a H4 swing low for this week? Do you want to invest some money in this and be buyer? {image}
Hi Emmanuel,

I was following lately the PAC rule, was getting paid off.

On this case, my H4 candle closed about 30 minutes ago and although PA closed above 5 EMA it did not close above PAC, PAC trend is still down, and TDI moderate rule is not met. Also PA as looking not so nicely with lots of small candles with wicks on both ends.

This trade may go well as PA is above 10 EMA on both Daily and Weekly and PA is bouncing off historical line and also BRN 1.29 but as H4 set up is not satisfying the PAC rule this is not AAA set up for me.

Thanks for your comments.

Okoso
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH406.07.17.png Size: 49 KB
  • #80,612
  • Jul 5, 2017 10:06pm Jul 5, 2017 10:06pm
Quoting emmanuel7788
GBPUSD Week 27 Jul 06: Is this a H4 swing low for this week? Do you want to invest some money in this and be buyer? {image}
i think, i will be on seller side. PPA+BN level give strong resistance, also price below MBL, TDI around 50 level, maybe it will making lower high, and reverse down. Potential target PPA+BRN around 1.2800. And also around 1.2800 is 70% Average Weekly Range.

This is what i think, im sorry, im newbie, just want to share thought
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 49 KB
  • #80,613
  • Jul 6, 2017 2:14am Jul 6, 2017 2:14am
It's been a long time since I logged on here.
- What's the difference between Synergy's in-built PAC & 5SMMA HIGH & Low? thanks
  • #80,614
  • Jul 6, 2017 2:57am Jul 6, 2017 2:57am
EURJPY Week 27 Jul 06

The MN and W1 bulls are still in control of this one. Very noisy H1. Those who sold between 129.00 and 128.00 must wait longer before this turns.
Nice bounce off BRN 128.00...

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY Week 27 H1 multi-charts.png Size: 59 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #80,615
  • Jul 6, 2017 3:01am Jul 6, 2017 3:01am
Quoting nanacarter
It's been a long time since I logged on here. - What's the difference between Synergy's in-built PAC & 5SMMA HIGH & Low? thanks

When was the last time you looged in to Forex Factory?

The last time someone asked this same question was back in Feb 2015.

Read Post#54,118
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #80,616
  • Jul 6, 2017 3:06am Jul 6, 2017 3:06am
Quoting okoso
{quote} Hi Emmanuel, I was following lately the PAC rule, was getting paid off. On this case, my H4 candle closed about 30 minutes ago and although PA closed above 5 EMA it did not close above PAC, PAC trend is still down, and TDI moderate rule is not met. Also PA as looking not so nicely with lots of small candles with wicks on both ends. This trade may go well as PA is above 10 EMA on both Daily and Weekly and PA is bouncing off historical line and also BRN 1.29 but as H4 set up is not satisfying the PAC rule this is not AAA set up for me. Thanks...

Look at the June MN candle. That is an opportunity when short term bulls fail this month.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #80,617
  • Jul 6, 2017 3:15am Jul 6, 2017 3:15am
Quoting CahTegal
{quote} i think, i will be on seller side. PPA+BN level give strong resistance, also price below MBL, TDI around 50 level, maybe it will making lower high, and reverse down. Potential target PPA+BRN around 1.2800. And also around 1.2800 is 70% Average Weekly Range. This is what i think, im sorry, im newbie, just want to share thought {image}

This would be my Plan B.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #80,618
  • Jul 6, 2017 3:16am Jul 6, 2017 3:16am
Quoting okoso
{quote} Hi Emmanuel, I was following lately the PAC rule, was getting paid off. On this case, my H4 candle closed about 30 minutes ago and although PA closed above 5 EMA it did not close above PAC, PAC trend is still down, and TDI moderate rule is not met. Also PA as looking not so nicely with lots of small candles with wicks on both ends. This trade may go well as PA is above 10 EMA on both Daily and Weekly and PA is bouncing off historical line and also BRN 1.29 but as H4 set up is not satisfying the PAC rule this is not AAA set up for me. Thanks...

My Plan A trade.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #80,619
  • Jul 6, 2017 3:40am Jul 6, 2017 3:40am
Update EURCAD
Me/me money management
Start me1
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADDaily.png Size: 85 KB
  • #80,620
  • Jul 6, 2017 4:06am Jul 6, 2017 4:06am
Quoting emmanuel7788
{quote} Look at the June MN candle. That is an opportunity when short term bulls fail this month.
Hi Emmanuel,

I am sorry I fail to grasp what you are saying here. Can you please be more specific?

June MN candle is nice bullish pin bar indicating the bulls are in control at the moment, but I can't understand "That is an opportunity when short term bulls fail this month".

Thanks,
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