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Monitor for 'Trading Made Simple' system 565 replies

Trading Made Simple the right way, and other trading lessons 334 replies

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Trading Made Simple

  • #91,061
  • Sep 24, 2018 3:12am Sep 24, 2018 3:12am
TMS Monitor Sep 24 London Open +1 Hr.

Pick one that is in your trade plan today.
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #91,062
  • Sep 24, 2018 3:26am Sep 24, 2018 3:26am
Quoting lddd
{quote} Well thatīs mostly the case what it does. What makes you think its in consolidation range? Also how do you predict if itīs coming to an end and how do you be right there in front of the screens once its "okay" to trade to enter promptly on time.
What makes you think its in consolidation range?
How many small bar's do you count?
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You can not predict anything. You have to understand what the bar's and wick's are trying to tell you.
  • #91,063
  • Sep 24, 2018 3:30am Sep 24, 2018 3:30am
This Week is FOMC, a good time to play with the Lotto model if you ae those who like to take some risk in trading retail spot forex.

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If you are the risk adverse type of trader, then the Insurance model may work for you too.

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If you still have not watched that video, here is the link back to that old post:
https://www.forexfactory.com/showthr...3#post10080343

or watch this below:

Inserted Video


Have some fun this week while trading.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #91,064
  • Sep 24, 2018 3:39am Sep 24, 2018 3:39am
Quoting kain775
{quote} I see you've got a classic Big E template on your charts, presumably trying to go back to the roots of this system. so why are you trying to trade the m15? Big E did not trade such small timeframes as it is HARDER. You really don't make things easy for yourself Iddd, ..stop trying to copy tekkies........
I am not trying to copy anyone kain. I have my "easy" trading running in profit for some years but this is completely automated on a large money account and i am fine with it.

I am on my way here learning the TMS and see if it works for me and to become a better trader. I am not forced into trading the M15? I take trades for M30, H4, Daily as well.

As far as i understand this strategy should work on ALL time frames. I know about the fact its much harder to scalp intraday. This is also why i asked about a several times now how people trading that way manage to achieve "beeing picky with the entries" without the need of watching a chart closely. I tested setting up alerts for the M15 but thats not working because its still generating more shit TDI signals as everything else. So its actually no time saver, i still have to watch price moving candle by candle that way to maybe find a good entry.

Tekkies says he is doing so successfully by only trading one chart at a time. However i still not understand how he can be profitable like that with just a few trades a week by the risk of so many false signals he may take on the other hand. But asking for some proof showing the accountīs history always ends in trouble here. Not sure what itīs such a drama for the "successfull" TMS traders here to give followeres the big picture. So i leave it by that. Not interested in the same lame discussion again and again.
  • #91,065
  • Sep 24, 2018 3:40am Sep 24, 2018 3:40am
Week 38 Sep 24 to 28

would be a great week to close this month's trading.

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pick your pairs carefully.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #91,066
  • Sep 24, 2018 3:49am Sep 24, 2018 3:49am
Quoting emmanuel7788
Week 38 Sep 24 to 28 would be a great week to close this month's trading. {image} pick your pairs carefully.
Just checked your post to see if things changed. But seems like ýou still trying to increase your post count by such nonsense posts. Emmanuel, people are smart enough to watch YouTube videos or read about the news calendar by their self. They donīt need you for this.

Maybe try to increase the psychotropic drugs instead of your post count... But hey, just saying...

Back to ignore.
  • #91,067
  • Sep 24, 2018 4:00am Sep 24, 2018 4:00am
Quoting lddd
{quote} I am not trying to copy anyone kain. I have my "easy" trading running in profit for some years but this is completely automated on a large money account and i am fine with it. I am on my way here learning the TMS and see if it works for me and to become a better trader. ....
Quoting lddd
{quote} Just checked your post to see if things changed. But seems like ýou still trying to increase your post count by such nonsense posts. Emmanuel, people are smart enough to watch YouTube videos or read about the news calendar by their self. They donīt need you for this. Maybe try to increase the psychotropic drugs instead of your post count... But hey, just saying... Back to ignore.
To learn TMS, take the easy path.... and save you a lot of your time.

New traders coming to this thread have three Options:

Option #1: Go to this post link, read and follow that post.The TMS history is all here.

https://www.forexfactory.com/showthr...2#post10965032

Option #2:
You don't have to read 4554 pages (91,066 posts)
Just two pdf files compiled by older members here will suffice.
Go to this post link, download and read those two pdfs files.

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

Option #3:
For those with some years of trading experience trading with indicators, this option may be better.

Click and read One, Two and Three

TMS being the 5-Method is a technical trading methodology therefore you need to add your own Money Management and make it your own system. Your trading psychology is another subject matter not talked about much.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #91,068
  • Sep 24, 2018 4:05am Sep 24, 2018 4:05am
What about this TDI H1 Long Cross. Entered 1.1765, targeting 1.1790 ?

Update: Added SL at 1.1750

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  • #91,069
  • Sep 24, 2018 4:10am Sep 24, 2018 4:10am
Quoting lddd
{quote} I am not trying to copy anyone kain. I have my "easy" trading running in profit for some years but this is completely automated on a large money account and i am fine with it. I am on my way here learning the TMS and see if it works for me and to become a better trader. I am not forced into trading the M15? I take trades for M30, H4, Daily as well. As far as i understand this strategy should work on ALL time frames. I know about the fact its much harder to scalp intraday. This is also why i asked about a several times now how people trading...


You're going to be getting a heck of a lot more "shit TDI signals" on m15 than H4
and you've stated many times how much of an issue this is for you. So the logical thing to do imo is stick the the higher tf's

sure, it can be more frustrating waiting for a signal, but if you have a problem with signals [which you do], you're probably not doing yourself any favours by trading a tf as low as m15

why do you think hardly anyone trades m5?
there's much more opportunities to get in the market and potentially make more pips.
so why do few trade it on tms? ...because the timeframe is not as reliable as higher timeframes.

I can trade the tms m30 [with H4 as guidance] ...but as soon as I drop down lower to like m5 with m30 as guidance, or m15 with h1 as guidance i find setups that were working for me using the m30 are failing left right and centre. I'm not saying it can't be done, but it is definitely harder......

you've also got no market baseline on your charts, which makes your task even more difficult.
tbh i take my hat off to tekkies if he's trading m15 profitably with no market baseline. I've only seen one other trader do that before.....
  • #91,070
  • Sep 24, 2018 4:14am Sep 24, 2018 4:14am
Quoting lddd
What about this TDI H1 Long Cross. Entered 1.1765, targeting 1.1790 ? Update: Added SL at 1.1750 {image}



from analysing the eur pairs [using another method] .. they are probably on their way up ..so you may possibly luck out with this one.

but your stop loss is in an illogical place and you've not mentioned the reason for your entry here,
  • #91,071
  • Sep 24, 2018 4:31am Sep 24, 2018 4:31am
Quoting lddd
What about this TDI H1 Long Cross. Entered 1.1765, targeting 1.1790 ? Update: Added SL at 1.1750 {image}
Nice.
Again you are late. SL is where you should have entered. (Yellow are entry point) The same as this post:Post 91,033
- Both H1/H4 green angle (above / below - 2 / 4) must compleet one bar to confirm direction
- H1 green must cross red completely by one bar. Result would be: Entered trade on the beginning of the new bar after the cross on H1.
--------------
- Both green confirmed direction. Both are close to 1-30
- Bar's are going from small to big
- Close to level 50
- Both Stoch confirm direction
(not TMS) M15 stoch is "bending" keep an eye on what H1 is going to do
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  • #91,072
  • Sep 24, 2018 4:40am Sep 24, 2018 4:40am
Quoting nigpig
{quote} Already started and doing better with each month that passes thanks to your posts.

you need to have a blueprint for trading success.

reading my posts is less than 5% of what you will need to become a super trader. you need the other 95% which you need to spend those amount of hours = 3 to 5 hours per day for 2 to 3 years.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #91,073
  • Edited 5:01am Sep 24, 2018 4:48am | Edited 5:01am
Quoting kain775
{quote} You're going to be getting a heck of a lot more "shit TDI signals" on m15 than H4 and you've stated many times how much of an issue this is for you. So the logical thing to do imo is stick the the higher tf's sure, it can be more frustrating waiting for a signal, but if you have a problem with signals [which you do], you're probably not doing yourself any favours by trading a tf as low as m15 why do you think hardly anyone trades m5? there's much more opportunities to get in the market and potentially make more pips. so why do few trade...
Thanks for your words. Maybe i will think about concentrating on the higher time frames a bit more from now. Like you said, its very boring to wait for the signals here. Also if TDI H4 signals are that much better and produce less false signals i really wonder why there is no EA for it. And no i donīt mean a bot working in every market condition for the rest of the life. But at least in the correct market condition such bot should be profitable at least 51% on average if the TDI is that good and H4 giving less noise. However i could not find 1 yet...

Please donīt get me wrong. I donīt need another EA. Thats not what i am actually here for but if H4 is so much better for this strategy please tell me how do you spot them. Do you only trade one market so looking at 1 Candle each morning/evening. Maybe twice a day at maximum. How much valid high probability trade setups on the H4 you would probably have here during a month? Like 3-5 ?

What you mean by market baseline, the TDI yellow? A daily open? MA 200 ?

I actually never understood the big benefits of the TDI yellow line. Its showing the overall trend direction right? So why do you need this on your template? You can simply spot that bigger trend by looking at the next higher TF, so Daily in this case. But what does it helps. Its lagging as well as the other moving averages on the TDI Histogram Indicator and only shows you what happened in the past (left side of your chart). Also nothing much about how to trade with the market baseline according to BigE posts. The only person i noticed focusing some more time on it was Dean Malone, i watched some of the training videos where the TDI yellow gets explained. However Dean is gone in his own trading room, the compassfx website since then only adds random crap content like Emmanuel is doing in this thread.

But more important i never got the feeling no matter what TDI line, cross or market baseline is showing giving you any much advantage right at the time where you want to enter the trade. If its a H4, Daily Trade you might find out some hours or days later the yellow line is now moving down (but you entered a BUY position) so what does it help? It can only show what happened in the past to you.

If its really about "trading made simple" i would assume you donīt have to focus so much on all the other things like SR levels, round numbers, fib levels, news and what ever else. Now some people might say, "well but the TDI is only giving you a POSSIBLE signal/setup. Yes correct, but what does it helps again? If these entries are 50/50 at best? It doesnīt necessary makes it more "simple" right?

So you end up with a TDI signal you take with success where other TMS traders giving you comments like "Congrats, well done!" But if your trade goes wrong you hear something more like "Oh look at this SR level you missed, look at all the small candles, look at this, look at this, look at this... and so on". I mean, wtf, you know?
  • #91,074
  • Sep 24, 2018 5:12am Sep 24, 2018 5:12am
Update on the EUR/USD long trade i took. I guess it will bum around for a few for pips before sharp turning down again aiming for my SL... But letīs see. Maybe some day it will hit my TP without me having to close the trade manually far ealier.

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  • #91,075
  • Sep 24, 2018 5:22am Sep 24, 2018 5:22am
Quoting Tekkies
{quote} Nice. Again you are late. SL is where you should have entered. (Yellow are entry point) The same as this post:Post 91,033 - Both H1/H4 green angle (above / below - 2 / 4) must compleet one bar to confirm direction - H1 green must cross red completely by one bar. Result would be: Entered trade on the beginning of the new bar after the cross on H1. -------------- - Both green confirmed direction. Both are close to 1-30 - Bar's are going from small to big - Close...
I know what you mean by "late" Tekkies. But i took the H1 Cross not the M15. Also you are wrong, my SL is where TDI bounced on M15 (so a bounce entry at best..)

The TDI M15 Cross setup was even earlier. Thats were i also entered but closed it because of the bears candle....

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  • #91,076
  • Sep 24, 2018 5:25am Sep 24, 2018 5:25am
Quoting lddd
{quote} Thanks for your words. Maybe i will think about concentrating on the higher time frames a bit more from now. Like you said, its very boring to wait for the signals here. Also if TDI H4 signals are that much better and produce less false signals i really wonder why there is no EA for it. And no i donīt mean a bot working in every market condition for the rest of the life. But at least in the correct market condition such bot should be profitable at least 51% on average if the TDI is that good and H4 giving less noise. However i could not...

LOL. Where has Dean Malone gone to? He invented the TDI. And you think those new stuff there are crap.

Synergy and the TDI days are over, now obselete. And you are now spending ...

Too much time is being spent on TDI and Stochastics,
Too little time on Price Action and Support/Resistance.
And no time spend on Money Management, Risk Management for entries and exits, When and How to Let Profits Run.
You need to find your WINNING EDGE and the TDI is not in the winning edge equation.

TMS can be your Holy Grail system but you need to know what that means.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #91,077
  • Sep 24, 2018 5:31am Sep 24, 2018 5:31am
@Emmanuel, please see:

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  • #91,078
  • Sep 24, 2018 5:41am Sep 24, 2018 5:41am
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  • #91,079
  • Sep 24, 2018 5:44am Sep 24, 2018 5:44am
Quoting lddd
@Emmanuel, please see: {image}

So?
that means nothing to me being ignored by you.
will that make you a better trader? LOL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #91,080
  • Sep 24, 2018 5:48am Sep 24, 2018 5:48am
Quoting lddd
{image} {image}

Go read what Big E said about the 5EMA being flat.

That H1 5EMA is flat and does not show any direction for buy and the HA candles are small.

Posts #731, #733 and #1387.

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Do you read and have understood Post#261 below?

Quoting eelfranz
Don't contact Dean Malone about the TDI. The way he uses it for his method is 180 degrees from how we use it... you need to learn how to use it our way... The TDI is the heart of our method. It tells you when to enter and where to exit any trades... so review previous posts and learn it good. HA Candles are important because it makes your trading way less stressful... use them. Stoch's is nothing but confirmation. If Stoch's & the TDI give different signals... lights flash off and on warning me to take a closer look before entering.. and usually I look for another trade. 5 ema... shows direction currently... only wanting to enter on candle 1 or two. If there is a reversal do I have a TDI signal to enter... if not and all looks strong then enter on candle 2... use some discretion... practice on Demo... take some chances and see if yor head computer was right... it's free. HA Candles... What are their size? If they are small I will usually go find another set up... Look for consolidation... look for how close PA is to supp/res levels... use your brain ! Believe it or not you have to participate and think... until it's so second nature... there is nothing to it... it's so simple... don't complicate it or you will lose...
5 ema... shows direction currently...

HA Candles... What are their size? If they are small I will usually go find another set up
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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