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Trading Made Simple

  • #83,101
  • Nov 4, 2017 3:37am Nov 4, 2017 3:37am
Quoting emmanuel7788
{quote} I did post the last 20-trading days here: https://www.forexfactory.com/showthr...5#post10439415 {image} I will keep this EA running in my VPS and will be post the results at the end of Nov again.
Hello Emmanuel778, I follow you for days, I would like to know what indicators and templates you currently use to operate the "TMS"¿?

Do you use EA created by you to help you operate daily? or any known?

Thanks in advance!!

Greetings and good trading!
  • #83,102
  • Nov 4, 2017 8:20am Nov 4, 2017 8:20am
Can someone please guide me, which is a better choice --> Heikin Ashi Or Smoothed Heikin Ashi
Regards,
Xpertize
  • #83,103
  • Nov 4, 2017 9:22am Nov 4, 2017 9:22am
Quoting emmanuel7788
{quote} I did post the last 20-trading days here: https://www.forexfactory.com/showthr...5#post10439415 {image} I will keep this EA running in my VPS and will be post the results at the end of Nov again.
Ok, I see, I thought your intention was to write a post explaining how you combine lotto/ insurance models and cash flow. So I didn't understand you. Sorry for the inconvenience.
  • #83,104
  • Nov 4, 2017 9:47am Nov 4, 2017 9:47am
a question how to rebuild the PAC of the Synergy Pro indicator with normal MAs: i found in the TDI_1.pdf that it is a smoothed MA on highs and one for the lows of period 5 but it doesn´t match

Yellow = Synergy PAC
light blue = MA 5 smoothed high/low
Attached Image (click to enlarge)
Click to Enlarge Name: MA.jpg Size: 149 KB
  • #83,105
  • Nov 4, 2017 10:15am Nov 4, 2017 10:15am
Next week I'm going to trade the following pairs:

GBPUSD: My bias is bearish. ATR 100 is 100.
On Monthly, there is an inside bar. The trend is down.
This pair is an interesting situation because after a pullback to the bearish trendline, it looks like is going to resume his downtrend. Also, weekly and daily TDI are bearish, although with a negligible slope.
Weekly: there are 2 inside bars and last week, price has broken the previous IB, generating a sell signal. Also, price has closed below of the PAC.
Daily: TDI generated a sell signal. also, price closed below of the PAC

AUD JPY: My bias is bearish. ATR 100 is 75.
Monthly trend is up, but last month bar was bearish. Also, an IB. The pair is on resistance zone. I want to point that the figure looks like an enormous Head and Shoulders pattern, but it's not relevant, right now.
Weekly trend modestly up, because is above 50 and 200 EMA, and there are higher highs, BUT TDI is bearish. Price is inside of a WRC, but I think is going to be broken next week, downside.
Daily trend is mixed. Last week was bullish, but after a pullback to the trend line, price reversed immediately. So I think was only a pullback to the trendline and next week is going to broke the WRC. Also, yesterday was a BEEB.
I'm holding my bearish positions from last week, because I think this is only a pullback to the trendline. 4h TDI is bearish.

EURCAD: My bias is bearish. ATR 100 is 120.
Monthly trend is lateral. There are 4 month candles inside the PAC. TDI has a sell signal, but no slope. Also, this pair is inside of a giant triangle.
Weekly trend is up, but after the price touches the bearish trendline, and the resistance area, the price has reversed with violence, making a nice shooting star.
Daily trend is up, but TDI is bearish. Price closed below PAC

NZDCHF: My bias is bearish. ATR 100 is 65.
Monthly trend is clearly bearish. TDI has a sell signal.
Weekly trend is clearly bearish. TDI has a sell signal.
Daily trend is bearish, BUT TDI and PAC are bullish. I'm holding my bearish positions from last week, because I think this is only a pullback to the trendline, and the bearish trend will resume after ( yellow path?)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 04.11.17 GBPUSDDaily.png Size: 197 KB
Click to Enlarge Name: 04.11.17 AUDJPY.png Size: 219 KB
Click to Enlarge Name: 04.11.17 EURCAD.png Size: 187 KB
Click to Enlarge Name: 04.11.17 NZDCHF.png Size: 158 KB
  • #83,106
  • Nov 4, 2017 10:27am Nov 4, 2017 10:27am
Quoting xpertize
Can someone please guide me, which is a better choice --> Heikin Ashi Or Smoothed Heikin Ashi Regards, Xpertize

Hi. If you want to trade with the TMS system, your better choice is the indicators and templates provided in this thread, so forget heikin ashi smoothed , for the moment.
  • #83,107
  • Edited Apr 23, 2018 8:33pm Nov 4, 2017 1:15pm | Edited Apr 23, 2018 8:33pm


{ copyrighted attachments deleted by staff }
It's not over, until I win.
  • #83,108
  • Nov 4, 2017 1:19pm Nov 4, 2017 1:19pm
Quoting Sharkoon
a question how to rebuild the PAC of the Synergy Pro indicator with normal MAs: i found in the TDI_1.pdf that it is a smoothed MA on highs and one for the lows of period 5 but it doesn´t match Yellow = Synergy PAC light blue = MA 5 smoothed high/low {image}
You cannot rebuild the Synergy Pro PAC with normal moving averages. That need to be coded as an indicator.

See this old post more than 2 years ago.

https://www.forexfactory.com/showthr...97#post8557797

Trust me folks, every thing you can think of had been thought of by other members, asked and answered over and over many times.

Different PAC means different rules how you trade with them. This also asked before and answered. Just use forum keyword search.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #83,109
  • Nov 4, 2017 1:22pm Nov 4, 2017 1:22pm
Quoting ItaTrader93
{image} {image}

these are two very good books to have and read when you are new to investing and trading.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #83,110
  • Nov 4, 2017 1:23pm Nov 4, 2017 1:23pm
Quoting Jordi
Next week I'm going to trade the following pairs: GBPUSD: My bias is bearish. ATR 100 is 100. On Monthly, there is an inside bar. The trend is down. This pair is an interesting situation because after a pullback to the bearish trendline, it looks like is going to resume his downtrend. Also, weekly and daily TDI are bearish, although with a negligible slope. Weekly: there are 2 inside bars and last week, price has broken the previous IB, generating a sell signal. Also, price has closed below of the PAC. Daily: TDI generated a sell signal. also, price...


All 4 pairs are sideways ranging which your can trade with TMS buy or sell.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #83,111
  • Nov 4, 2017 1:26pm Nov 4, 2017 1:26pm
Quoting xpertize
Can someone please guide me, which is a better choice --> Heikin Ashi Or Smoothed Heikin Ashi Regards, Xpertize

when you hop from thread to thread, you will waste many years of your life trying to be a trader and you are unlikely not make it.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #83,112
  • Nov 4, 2017 1:29pm Nov 4, 2017 1:29pm
Quoting VictorFF
{quote} Hello Emmanuel778, I follow you for days, I would like to know what indicators and templates you currently use to operate the "TMS"¿? Do you use EA created by you to help you operate daily? or any known? Thanks in advance!! Greetings and good trading!

you only follow me for days?

you have a very long way to go before you can catch up with me.

keep reading and taking notes.

do not hop from thread to thread, it will be time wasting.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #83,113
  • Nov 4, 2017 1:46pm Nov 4, 2017 1:46pm
Quoting Jordi
{quote} Ok, I see, I thought your intention was to write a post explaining how you combine lotto/ insurance models and cash flow. So I didn't understand you. Sorry for the inconvenience.

you have some trades going in those 4 pairs posted above.

those trades can generate cash flow for you if you have fully understood the entry and exit strategy and you do it right. All my posts since 2015 till now explains how MEME can make money. That account I posted show that I can have a monthly cash flow of $1000 from just one account. That account started with a deposit of $5k. Do not risk more just because the account grew to now $13k. Most traders look at % return and they will increase their risk amount. Just keep trading the same strategy with small lot size and see the cash flow every month.

Trading with MEME will give you many small Lotto wins from every basket. That $5k is profit from my main trading account, that is my Insurance money.
This is my CashFlow Model - withdraw some profits one main trading account and deposit the money into smaller accounts and generate small amount of money as cash flow. Doing this is a part of my business to keep it interesting otherwise trading is very boring.

The best thing is the trading is semi-automatic and I don't need to spend a lot of my time with it. I have my trade plan done for my main account and I only need to initiate the first trade every week and let it run on its own.

Attached Image (click to enlarge)
Click to Enlarge Name: TMS HA entry Oct 2-27.png Size: 71 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #83,114
  • Nov 4, 2017 3:02pm Nov 4, 2017 3:02pm
Quote
Trading with MEME will give you many small Lotto wins from every basket. That $5k is profit from my main trading account, that is my Insurance money.
This is my CashFlow Model - withdraw some profits one main trading account and deposit the money into smaller accounts and generate small amount of money as cash flow. Doing this is a part of my business to keep it interesting otherwise trading is very boring.

What is the "lotto" component in the ME / ME strategy? I only see the "insurance" component. Can you explain it to me?
  • #83,115
  • Nov 4, 2017 4:33pm Nov 4, 2017 4:33pm
Quoting Giannis95
{quote} In this way the losses will also be greater.
Unfortunately, trading is risky! As emmanuel said, you have to put your money to work in order to make money. There is nothing has low risk and high return in the market. That's why emmanuel trades with the MN and W1 trends such as long 33.3 lots(14 trades) of EURNZD, 23.10 lots(10 trades) of AUDJPY and short 1 lot(4 trades) of NZDCAD last week. emmanuel has great trade management skill. He knows when to put more money to trade. That's the skill I want to learn from him.
  • #83,116
  • Edited 5:52pm Nov 4, 2017 4:37pm | Edited 5:52pm
Hy guys,

I'd like to say something about money management, 'cause it's clear lots of us still think they need superb winning rate % or RR ratio in order to succeed in trading, but that's just not true.

Look, money management is just an expression to refer to countless strategy to handle our money, be aware of it and find the method which fits you the best.

I like to trade with a "Set&Forget" approach: I do my homeworks, pick an entry and decide stop and target levels with a risk:reward of 1:1,10, then i wait for price to hit one of those. Definitely not the best way to handle a trade, but it makes me feel very confident and comfortable, good enough at this moment.

The following chart proves that in order to achieve great results:

1) You don't need thousands of trades;
2) You don't need to trade with at least a 1:2 risk reward ratio, as lots of books tell us;
3) You don't need a 70%+ winning percentage.

Attached Image (click to enlarge)
Click to Enlarge Name: Schermata del 2017-11-04 23:47:31.png Size: 50 KB


I suggest you to take a look at this chart every time you get too anxious for trading.
It's not over, until I win.
  • #83,117
  • Edited 6:46pm Nov 4, 2017 5:58pm | Edited 6:46pm
Quoting ItaTrader93
The following chart proves that in order to achieve great results:

Sorry, but the excel you posted proves nothing, zero.

I highly recommend you have a good read on the following two subtopics within Money Management:
1) Max Drawdown
2) Trading Costs

Since you like pics, i have included two to get you started. Lots of great info on MM in this thread and a few other threads on FF, you should not have any trouble learning more.


Attached Image (click to enlarge)
Click to Enlarge Name: streak.png Size: 47 KB

Attached Image (click to enlarge)
Click to Enlarge Name: rr winrate.png Size: 48 KB
  • #83,118
  • Nov 4, 2017 6:59pm Nov 4, 2017 6:59pm
Quoting Nik-Nyc
{quote} Sorry, but the excel you posted proves nothing, zero. I highly recommend you have a good read on the following two subtopics within Money Management: 1) Max Drawdown 2) Trading Costs Since you like pics, i have included two to get you started. Lots of great info on MM in this thread and a few other threads on FF, you should not have any trouble learning more. {image} {image}
Can't get the meaning of the first pic.

I got the second, but I don't understand what it should prove, other than the (obvious) conclusion that you need around 48% of winning operations in order to be profitable with a 1,10 RR.
It's not over, until I win.
  • #83,119
  • Nov 4, 2017 10:30pm Nov 4, 2017 10:30pm
Hey Folks,

its weekend and good time for some reading ... but first, it is priority time with family and loved ones.

BEING RIGHT and MAKING MONEY are two very different things.

Read this [click to download]
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #83,120
  • Nov 4, 2017 10:54pm Nov 4, 2017 10:54pm
Quoting Giannis95
{quote} What is the "lotto" component in the ME / ME strategy? I only see the "insurance" component. Can you explain it to me?

Go back to this post and watch that video again.

https://www.forexfactory.com/showthr...3#post10080343

then look at these two screen shots below:

Attached Image


Attached Image


* do not let that $10,000 distract you.
in the basic MEME trading model, you allow a maximum 5 positions in one basket. you manage every basket using the average entry price of all open positions.
when you have 2 open positions in the basket and the market run in your favour, you trail the market with a minimum profit lock. this means when the price pulls back after the minimum profit locked, you exit both positions to take the money.
in another scenario, when you have 3 open positions, you must try close 2 at breakeven at every opportunity possible and the 3rd position is left to run with the minimum profit lock and exit when the TDI reversal cross either using M15 or M5 ...(this is the little lotto)

what if you have 4 open positions and market moves in your favour? use common sense trade management,... close 3 at breakeven and trail the 4th positions with minimum profit lock and manege the exit..

what if you have 5 open positions ... ? same common sense....

when you can do these routine with %risk and Position Sizing, you will grow your account quite easily.

why do I trade 5 currency pairs one each from the 5 different groups? think! Its about risk management because trading is probability game.

another of Mark Douglas famous quotation taken from his 2 books... these are DISCLAIMER when our trading system fails and we lose all our money.

Five fundamental truths:
1. Anything can happen.
2. You don’t need to know what is going to happen next in order to make money.
3. There is a random distribution between wins and losses for any given set of variables that define an edge.
4. An edge is nothing more than an indication of a higher probability of one thing happening over another.
5. Every moment in the market is unique.
– Mark Douglas
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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