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Trading Made Simple

  • #81,401
  • Aug 10, 2017 9:53pm Aug 10, 2017 9:53pm
Quoting catalin_eros
{quote} Hello to all my TMS friends! It's been a long time. Brox, start reading Big E's posts, so you can understand the cross entries and the bounce entries. There is a PDF with the most important posts of his as well. Then you will have to decide on the TDI version you want to use. Emm is using the Synergy Pro settings on a TDI real time version. Big E used the repainting version. Then you will have to decide if you want to go with MEME money management strategy or stay with SESE. Go on demo, post charts, and you will get help. I learnt...
How are you? Now you are trading with no indicator, very interesting. Do you mind to share your idea?
Thank you
  • #81,402
  • Aug 10, 2017 10:06pm Aug 10, 2017 10:06pm
Quoting California
Here is an open bounce trade I am in, +48 pips currently. EURAUD, D1, targeting 1R in profit, or 90 pips. Instead of just trading H4, I added H8 and D1. This should in theory increase my possible setups by about 80%. Good trading. {image}
Hi California

Very interesting bouncing entry
I entered with cross TDI EurCad now profit 130pips & EurCad 150pips but my heart was shaking during ranging(now it's OK). Entered with ME/ME both have 4x0.01small lots so profit must be big. But bouncing entry means enter with more confidence. I entered manually.

Cheers
  • #81,403
  • Aug 10, 2017 11:11pm Aug 10, 2017 11:11pm
Quoting pete.alfa
{quote} I entered with cross TDI EurCad now profit 130pips & EurCad 150pips but my heart was shaking during ranging(now it's OK).
Pete.Alfa, if your heart was shaking, you are using too large of a position size. You want to look at each trade neither enthusiastic nor despondent, indifferent to the outcome. Your health deserves it. Add H8 so you have more setups to allow you to place more trades with lower risk per trade. But i have been there, pal. One year while running a fund, i had pain in the stomach on five days over a period of about five months. That was my signal to stop running opm.

EC/D1 shows price building a cup base. It is at key resistance so don't be surprised if it pulls back like it did 6/14-6/28. However, there is some good space for it to eventually move up 250 pips from here to the 6/2 high.

Again, be indifferent to the outcome. Rather than try to learn how to adjust your mind so that you can do it, just cut your risk. If i was at 2%, I'd cut it to 1%.

I think it is great that you are considering bounce trades. It has been my bread and butter setup for years, though using a different oscillator.
  • #81,404
  • Aug 11, 2017 12:43am Aug 11, 2017 12:43am
Quoting California
{quote} Pete.Alfa, if your heart was shaking, you are using too large of a position size. You want to look at each trade neither enthusiastic nor despondent, indifferent to the outcome. Your health deserves it. Add H8 so you have more setups to allow you to place more trades with lower risk per trade. But i have been there, pal. One year while running a fund, i had pain in the stomach on five days over a period of about five months. That was my signal to stop running opm. EC/D1 shows price building a cup base. It is at key resistance so don't be...
How do you add H8 tf into MT4 Carlifonia?
  • #81,405
  • Aug 11, 2017 1:36am Aug 11, 2017 1:36am
Quoting macajos
{quote} How do you add H8 tf into MT4 Carlifonia?
Search MT4 period converter. Don't choose a script, choose an indicator. A script will automatically be removed whenever MT4 is shut down.
  • #81,406
  • Aug 11, 2017 3:54am Aug 11, 2017 3:54am
Quoting pete.alfa
{quote} How are you? Now you are trading with no indicator, very interesting. Do you mind to share your idea? Thank you
Hey, Pete!

I do look at the TDI for divergence sometimes, that's all I use it for.

When resistance becomes support, and when support becomes resistance, I look for PASR, in the direction of the HTF. I establish the direction with HH/HL and LL/LH. I am a pullback trader, so I like seeing breakouts and then retests (S becoming R and R becoming S). That's basically the idea.
  • #81,407
  • Aug 11, 2017 7:51am Aug 11, 2017 7:51am
Quoting Sesamstrasse
{quote} Servus. MeMe is nothing else than Multi Entry Multi Exit. Id read the " Special Report on Money Management" by Van Tharp. Or other books from him, theyre really worth it. You can find most of them as a PDF when you enter his name in your search machine. Stay tuned Guido
Thank you Sesamstrasse!

So simple that I didn´t see it......

Trade well
  • #81,408
  • Edited 9:35am Aug 11, 2017 9:10am | Edited 9:35am
Quoting California
{quote} Pete.Alfa, if your heart was shaking, you are using too large of a position size. You want to look at each trade neither enthusiastic nor despondent, indifferent to the outcome. Your health deserves it. Add H8 so you have more setups to allow you to place more trades with lower risk per trade. But i have been there, pal. One year while running a fund, i had pain in the stomach on five days over a period of about five months. That was my signal to stop running opm. EC/D1 shows price building a cup base. It is at key resistance so don't be...
Thanks California
I took the profit Ecad(entered ME/ME manually) as it approached resistance & waiting to enter again when bounce back(thanks again). I didn't enter the first setup because it was approaching 50ema.
I will try h8 setup. Have you tried H12?
BTW what oscillator you are using? Thanks

Cheers
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  • #81,409
  • Aug 11, 2017 9:16am Aug 11, 2017 9:16am
Hi All

i am requesting your help. i have an indicator and i want to add notification to it since it doesn't have any alerts or push notification. can anyone help me?

thanks
  • #81,410
  • Aug 11, 2017 9:28am Aug 11, 2017 9:28am
Quoting catalin_eros
{quote} Hey, Pete! I do look at the TDI for divergence sometimes, that's all I use it for. When resistance becomes support, and when support becomes resistance, I look for PASR, in the direction of the HTF. I establish the direction with HH/HL and LL/LH. I am a pullback trader, so I like seeing breakouts and then retests (S becoming R and R becoming S). That's basically the idea.
Thanks Catalin-eros
I will follow your idea it's so simple

Cheers
  • #81,411
  • Aug 11, 2017 9:35am Aug 11, 2017 9:35am
Quoting catalin_eros
{quote} Here you go! {image}
Thanks.
  • #81,412
  • Aug 11, 2017 11:16am Aug 11, 2017 11:16am
Quoting pete.alfa
{quote} Thanks California I took the profit Ecad(entered ME/ME manually) as it approached resistance & waiting to enter again when bounce back(thanks again). I didn't enter the first setup because it was approaching 50ema. I will try h8 setup. Have you tried H12? BTW what oscillator you are using? Thanks Cheers {image}
The second circle in your image is what I was talking about. Breakout, retest, continuation. PA was making HH/HL, and then broke the previous low and retested the area. To me, the second circle is the key. Emm has already talked about the importance of S becoming R and viceversa. He knows what he's talking about.
  • #81,413
  • Aug 11, 2017 11:38am Aug 11, 2017 11:38am
Quoting pete.alfa
{quote} Have you tried H12? Thanks Cheers {image}
One of the two H12 candles closes at 2 a.m. so I won't use that TF.
  • #81,414
  • Aug 11, 2017 10:59pm Aug 11, 2017 10:59pm
Quoting California
{quote} One of the two H12 candles closes at 2 a.m. so I won't use that TF.
Thanks
  • #81,415
  • Aug 11, 2017 11:06pm Aug 11, 2017 11:06pm
Quoting catalin_eros
{quote} The second circle in your image is what I was talking about. Breakout, retest, continuation. PA was making HH/HL, and then broke the previous low and retested the area. To me, the second circle is the key. Emm has already talked about the importance of S becoming R and viceversa. He knows what he's talking about.
Thanks Catalin
  • #81,416
  • Aug 11, 2017 11:12pm Aug 11, 2017 11:12pm
Quoting seifeldin
Hi All i am requesting your help. i have an indicator and i want to add notification to it since it doesn't have any alerts or push notification. can anyone help me? thanks
I might suggest @FerruFx, an FF member.
  • #81,417
  • Aug 11, 2017 11:39pm Aug 11, 2017 11:39pm
Am reverting back to the traditional s/l placement I've always used, which is below the signal candle and not below the nearest swing low which is further away from entry (for longs). When trading 1:1, this makes it significantly easier to hit 1R in profit, not to mention 2R, 3R, etc. The bounce example below shows the difference between the two stop points being 17 pips to 43 pips. The key is knowing nine times out of ten price will not come back to the other side of the signal candle -- let alone the nearest swing low.
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  • #81,418
  • Aug 12, 2017 4:38am Aug 12, 2017 4:38am
New solution for fake breakout. Just for testing. There may be bugs. I will be glad reviews.
Attached File(s)
File Type: ex4 eaTMS(handler+stealthdeals).ex4   41 KB | 447 downloads
File Type: pdf Description.pdf   1,013 KB | 710 downloads
  • #81,419
  • Aug 12, 2017 7:27am Aug 12, 2017 7:27am
Last week EURNZD hits first goal and closed basket, now aiming next goal and build new position with MEME insurance

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results MEME last 2 months

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results EURUSD Lotto MM:

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results EURNZD Lotto MM:

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regards and have a nice weekend
  • #81,420
  • Aug 12, 2017 1:06pm Aug 12, 2017 1:06pm
Hello everyone,

I'm implementing the TMS method in MT5, and based on the values I found in this forum, I changed the indicator available there. Curiously I can not change the color of the blue line (to yellow).

Are they correct?

Thank you.

RSP
Attached Image (click to enlarge)
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