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Trading Made Simple

  • #82,621
  • Oct 19, 2017 6:00pm Oct 19, 2017 6:00pm
TMS Monitor Oct 20 H4 clsoing in one minute.

Do you have a plan for H4 trading today, is there one that suits your trade plan for today?

check the previous P-slope and the current C-Slope now

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Oct 20 H4 TokyoOpen AUDNZD.png Size: 53 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #82,622
  • Oct 19, 2017 6:28pm Oct 19, 2017 6:28pm
Hey TMS folks,

HAPPY DAYS are back again.

strat's new thread is back in Trading Systems forum. PASR Long Term, Stress Free Trading

https://www.forexfactory.com/showthread.php?t=708441

Go and learn PASR trading from him. I learn most of my Price Action trading stuff from his other thread and apply them to trading TMS.
You will learn from one of the best here in Forex Factory. A professional trader I respected for many years.
You can follow strat's THE PATH.

I can now retire ... .
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #82,623
  • Oct 19, 2017 7:42pm Oct 19, 2017 7:42pm
Quoting emmanuel7788
Hey TMS folks, HAPPY DAYS are back again. strat's new thread is back in Trading Systems forum. PASR Long Term, Stress Free Trading https://www.forexfactory.com/showthread.php?t=708441 Go and learn PASR trading from him. I learn most of my Price Action trading stuff from his other thread and apply them to trading TMS. You will learn from one of the best here in Forex Factory. A professional trader I respected for many years. You can follow strat's THE...
Hello emmanuel,
Please no talking about retiring
We appreciate your dedication and help.
  • #82,624
  • Oct 19, 2017 10:57pm Oct 19, 2017 10:57pm
Quoting emmanuel7788
Hey TMS folks, HAPPY DAYS are back again. strat's new thread is back in Trading Systems forum. PASR Long Term, Stress Free Trading https://www.forexfactory.com/showthread.php?t=708441 Go and learn PASR trading from him. I learn most of my Price Action trading stuff from his other thread and apply them to trading TMS. You will learn from one of the best here in Forex Factory. A professional trader I respected for many years. You can follow strat's THE...
No Retire...
  • #82,625
  • Oct 20, 2017 1:34am Oct 20, 2017 1:34am
GBP/USD is looking great for a short for 80 pips sl and tp right now - h4

just a shame that my demo account ran out yesterday and my new one won't let me log in [bug?]

USD/CAD H4 .. I would have gone long as well *sigh*
  • #82,626
  • Oct 20, 2017 1:45am Oct 20, 2017 1:45am
Quoting emmanuel7788
{quote} remember this old quiz by X-Man? {image} will reply with proper chart later.
Oh i love it.. the old physics that goes with trading.
It's in fear when people show what they truly value.
  • #82,627
  • Oct 20, 2017 1:48am Oct 20, 2017 1:48am
Quoting kain775
GBP/USD is looking great for a short for 80 pips sl and tp right now - h4 just a shame that my demo account ran out yesterday and my new one won't let me log in [bug?] USD/CAD H4 .. I would have gone long as well *sigh*

TMS Monitor 15 mins to H4 closing,

Remember the column TMS Recommendation is not trade signal. It is according to Big E' H4 trading rules. Trade with your own trade plan and use this as alert only.
Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Oct 20 H4 close in 15mins.png Size: 62 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #82,628
  • Oct 20, 2017 1:50am Oct 20, 2017 1:50am
Quoting emmanuel7788
{quote} TMS Monitor 15 mins to H4 closing, Remember the column TMS Recommendation is not trade signal. It is according to Big E' H4 trading rules. Trade with your own trade plan and use this as alert only. {image}

I said GBP/USD not EUR/USD
  • #82,629
  • Oct 20, 2017 1:56am Oct 20, 2017 1:56am
Quoting emmanuel7788
Hey TMS folks, HAPPY DAYS are back again. strat's new thread is back in Trading Systems forum. PASR Long Term, Stress Free Trading https://www.forexfactory.com/showthread.php?t=708441 Go and learn PASR trading from him. I learn most of my Price Action trading stuff from his other thread and apply them to trading TMS. You will learn from one of the best here in Forex Factory. A professional trader I respected for many years. You can follow strat's THE...
We need you active....thanks for every thing
  • #82,630
  • Oct 20, 2017 2:08am Oct 20, 2017 2:08am
Quoting kain775
{quote} I said GBP/USD not EUR/USD

yes. I read that.
All 3 amigos can go short as USDX look bullish today.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #82,631
  • Oct 20, 2017 8:24am Oct 20, 2017 8:24am
Closed last GBPJPY bull basket today, not going carry JPY trades this weekend because JP elections, plan to resume on monday if conditions still alive

Attached Image (click to enlarge)
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  • #82,632
  • Oct 20, 2017 8:52am Oct 20, 2017 8:52am
Quoting emmanuel7788
Hey TMS folks, HAPPY DAYS are back again. strat's new thread is back in Trading Systems forum. PASR Long Term, Stress Free Trading https://www.forexfactory.com/showthread.php?t=708441 Go and learn PASR trading from him. I learn most of my Price Action trading stuff from his other thread and apply them to trading TMS. You will learn from one of the best here in Forex Factory. A professional trader I respected for many years. You can follow strat's THE...

Retire ke....

You will continue to do your trading/teaching till when you are 90+ and when you have lead majority of your people here into financial freedom.

Happy trading,
Yomi.
Time always comes before price
  • #82,633
  • Edited 10:20am Oct 20, 2017 9:21am | Edited 10:20am
Trading ideas:
1. Price Action- HA/APB.
2. Trend - PAC.
3. Momentum - VB.
4. Strength - MA's.


Happy trading and happy weekend,
Yomi.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 37 KB
Time always comes before price
  • #82,634
  • Oct 20, 2017 10:10am Oct 20, 2017 10:10am
Quoting emmanuel7788
{quote} GBPAUD Week 42 Oct 20 update is now in the region 1.6720 and 1.6600 as 'predicted'. But as TMS traders we must not predict the market and where price will go. Just like we do not predict that the market will reverse at Weekly Fibonacci Pivots levels, that is faulty logic with no proven 3 to 5 years consistent results. Today is sell continuation and add-on positions with banked-in profits "let profits run" to grow account. {image} Observe the TDI Green carefully from today inwards. If the price continues to move lower with momentum, the TDI...



4 hours until the close of the day and week,

Price has changed a lot since your analysis 17 hours ago. I see a H4 buy setup possibly occurring on Monday. If the setup manifests there is a good chance anyone short on the daily will suffer a loss. I think if someone entered me/me today he may have already suffered a loss.

earlier today my usd/cad h4 prediction came true, but gbp/usd did not play out and would be looking extremely bleak right now as price did not travel in a bearish manor but did the complete opposite. I noticed on the hourly charts that a setup occurred in the opposite direction which lead to this bullish surge.

I have noticed the same thing around other trades that fail. Often there is a warning on the lower timeframe.........
  • #82,635
  • Oct 20, 2017 5:09pm Oct 20, 2017 5:09pm
Useful Indicator Lot Calculator


Attached File(s)
File Type: ex4 Lot Calculator - TFTC.ex4   2 KB | 394 downloads


Installation Instructions.

  1. Save the attachment by right clicking on “DOWNLOAD NOW” below and selecting “Save Link As..” and then save to your Downloads folder or your Desktop.
  2. Select the file “Lot Calculator – TFTC” and right click > COPY it.
  3. Open your MT4 platform.
  4. Go to File > Open Data Folder > MLQ4 > Scripts.
  5. Right click and PASTE the script.
  6. Re-start your MT4 platform.
  7. Open up the Navigator icon.
  8. Double click on ”Lot Calculator – TFTC” under the “Scripts” folder when on the appropriate chart (or drag onto the chart).

Attached Image


Attached Image (click to enlarge)
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Click to Enlarge Name: cl3.JPG Size: 38 KB
  • #82,636
  • Oct 20, 2017 5:31pm Oct 20, 2017 5:31pm
Quoting bob44
Useful Indicator Lot Calculator {file} Installation Instructions. Save the attachment by right clicking on “DOWNLOAD NOW” below and selecting “Save Link As..” and then save to your Downloads folder or your Desktop. Select the file “Lot Calculator – TFTC” and right click > COPY it. Open your MT4 platform. Go to File > Open Data Folder > MLQ4 > Scripts. Right click and PASTE the script. Re-start your MT4 platform. Open up the Navigator icon. Double click on ”Lot Calculator – TFTC” under the “Scripts” folder when on the appropriate chart (or drag onto...


hi,

A couple of questions, does this place trades manually?
say I have a £5,000 account and want to risk 1% of my account on a trade with a stop loss of 35 pips on eur/usd and 1% of my account on usd/cad for 20 pips

what exactly will this indicator/scripts do?

edit: after looking at the images again, it appears that when you want to trade you just bring it up onto a chart and enter your risk in pips, and stop loss and it will calculate your lot size. If that is so it looks quite useful.........
  • #82,637
  • Oct 20, 2017 5:45pm Oct 20, 2017 5:45pm
Quoting mokuro89
Closed last GBPJPY bull basket today, not going carry JPY trades this weekend because JP elections, plan to resume on monday if conditions still alive {image} {image}

I LIKE your GBPJPY trades ...

now you know the power in using %Risk and Position Sizing when we trade with Multiple Entries and Multiple Exits MEME and dynamic entries.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #82,638
  • Oct 20, 2017 5:56pm Oct 20, 2017 5:56pm
Quoting kain775
{quote} 4 hours until the close of the day and week, Price has changed a lot since your analysis 17 hours ago. I see a H4 buy setup possibly occurring on Monday. If the setup manifests there is a good chance anyone short on the daily will suffer a loss. I think if someone entered me/me today he may have already suffered a loss. earlier today my usd/cad h4 prediction came true, but gbp/usd did not play out and would be looking extremely bleak right now as price did not travel in a bearish manor but did the complete opposite. I noticed on the hourly...

GBPAUD Week 42 Oct 16 to 20:

when price hit that region 1.6720 and 1.6600, it can also bounce from there and it depends on the prevailing market condition.
But mark this region 1.6720 and 1.6600 on your chart, it is a "minefield" which has not yet been cleared.

it can bounce back up to 1.7000 as mentioned in my post below. We shall see what happens next week and following weeks.

Quoting emmanuel7788
Here is an example what some traders may called strong support. What is really a strong support? I read this often in FF posts but no one has ever posted a clear definition of what strong Support or Resistance is. A CONFLUENCE of Weekly Close, Weekly Low, 200EMA as dynamic support&resistance, PPA at BRN 1.6800 Note last week was a Doji candle. {image} My trade plan this week is to look for sell for GBPAUD and GBPNZD following the BPP done on Sunday. A potential break to the low side can reach 1.6720 and 1.6600 region. The risk of a bullish pull...
Position trading on the D1 chart requires lot more patience because trades can run for weeks and keeping trades open over the weekend can be very risky and trades need to have the mental strategy for Position trading.
Your are correct to say that for traders who sold yesterday open will be in floating losses. But for those who sold on Oct 18 day open must have taken some profits and re-open new trades/basket with MEME.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #82,639
  • Oct 20, 2017 6:16pm Oct 20, 2017 6:16pm
Quoting kain775
{quote} hi, A couple of questions, does this place trades manually? say I have a £5,000 account and want to risk 1% of my account on a trade with a stop loss of 35 pips on eur/usd and 1% of my account on usd/cad for 20 pips what exactly will this indicator/scripts do? edit: after looking at the images again, it appears that when you want to trade you just bring it up onto a chart and enter your risk in pips, and stop loss and it will calculate your lot size. If that is so it looks quite useful.........

you can have customised scripts to place market orders for you based on your own preferences like - %risk, initial stop loss which the script will use to calculate the trade lot size, place SL and TP, etc.

it would be easy if you can read mql4 codes and make the customization on your own.

if you use scripts to place market orders, you can also use THV CaveManager CM to manage your trades. CM will place and manage the Exits - your initial Stop Loss, multiple exits to Take Profits , moving your SL to protective stop, Capital Protection stops, etc.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #82,640
  • Oct 20, 2017 6:31pm Oct 20, 2017 6:31pm
Quoting emmanuel7788
{quote} Trade Report Week 39 to 41 Sep 18 to Oct 13 (20 trading days cycle). Today I close this 20-trading days cycle. Only managed a profit of 6.1% this cycle. Next week will start a new 20-trading days cycle. {image} The Trade Report indicator is in this post link below. https://www.forexfactory.com/showthr...3#post10231193 download that and use it on any chart and set the dates you want to see. Details of MT4 Account Summary below: {image}

Trade Report Week 42 Oct 16 to 20 trades closed.
Its the first 5 days of a new 20-trading days cycle. Still need to work hard the next 15 trading days to meet my financial objective.

Attached Image (click to enlarge)
Click to Enlarge Name: Trade Report traded closed Week 42 Oct 16 to 20.png Size: 47 KB


The Trade Report indicator is in this post link below.

https://www.forexfactory.com/showthr...3#post10231193

download that and use it on any chart and set the dates you want to see.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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