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Trading Made Simple

  • #91,081
  • Sep 24, 2018 5:54am Sep 24, 2018 5:54am
Quoting emmanuel7788
{quote} So? that means nothing to me being ignored by you. will that make you a better trader? LOL
Probably not but a more relaxed one for sure, not having to see all the nonsense you post here day in day out. Again, maybe think about posting 1 time / week something with VALUE instead of 30 times a day some boring crap like your shit long term outlooks, youtube vids, troll comments, funny pics and what else bullshit.

So removing you from the visible area of this topic is like removing a dozens of indicators from a chart, it gets cleaner.
  • #91,082
  • Sep 24, 2018 6:01am Sep 24, 2018 6:01am
Here Tekkies, look what i mean. H1 already hooking over. The move not even went 10 Pips in profit... So is this what you expect to book profits for on a H1 trade, a 8-10 pips?

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-h1-fxopen-investments-inc-3.png Size: 74 KB
  • #91,083
  • Sep 24, 2018 6:02am Sep 24, 2018 6:02am
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...

Did someone say M5
The best time frame to use the TDI indicator if your trading Multiple entry / Single exit if anyone ask for my opinion.
Its the only time frame I use the TDI on at all.
The idea is we build with every cross over a hour or too around 1 hour after London open.
I just wait for a trend to develop then go for broke with the aim to get stop loss at break even asap.
The goal is 100 pips a night on the nights the trends are running.
Looking at tonight, I'm liking GU / UC / GJ / GA but the star tonight is GBPNZD
Here's my current GBPUSD trades, now up 45 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: GU 888.png Size: 179 KB
Trading thin liquidity at the boundary of the charts
  • #91,084
  • Sep 24, 2018 6:03am Sep 24, 2018 6:03am
Quoting lddd
{quote} Probably not but a more relaxed one for sure, not having to see all the nonsense you post here day in day out. Again, maybe think about posting 1 time / week something with VALUE instead of 30 times a day some boring crap like your shit long term outlooks, youtube vids, troll comments, funny pics and what else bullshit. So removing you from the visible area of this topic is like removing a dozens of indicators from a chart, it gets cleaner.

but putting me in your ignore list will not make you to become a better TMS trader.

I know at least one person who reads my posts regularly will benefit from reading and learning from all my posts. That is all the matters... to help just one person.

after Post#261 you have Post#647 to consider before you take the next trade starting from now.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #91,085
  • Sep 24, 2018 6:04am Sep 24, 2018 6:04am
Quoting RickM
{quote} Did someone say M5 The best time frame to use the TDI indicator if your trading Multiple entry / Single exit if anyone ask for my opinion. Its the only time frame I use the TDI on at all. The idea is we build with every cross over a hour or too around 1 hour after London open. I just wait for a trend to develop then go for broke with the aim to get stop loss at break even asap. The goal is 100 pips a night on the nights the trends are running. Looking at tonight, I'm liking GU / UC / GJ / GA but the star tonight is GBPNZD Here's my current...

My EAs love the M5 signals .. they are trigger for orders from my terminal.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #91,086
  • Sep 24, 2018 6:10am Sep 24, 2018 6:10am
Quoting emmanuel7788
{quote} So? that means nothing to me being ignored by you. will that make you a better trader? LOL
No, Emmanuel it does not make him a better trader, only more focused to what TMS is all about. He should put me also on ignore and focus on BigE and his training charts.
I did that for 2 years after you lead me down the rabbit hole. Study, practise, fail and try again over and over.
Only hope that Iddd has the determination to keep going even when TMS and price give him the middle finger. I have tasted what despair taste like with this method.
  • #91,087
  • Sep 24, 2018 6:12am Sep 24, 2018 6:12am
Quoting Tekkies
{quote} What makes you think its in consolidation range? How many small bar's do you count? {image} You can not predict anything. You have to understand what the bar's and wick's are trying to tell you.
You no longer using Range bars ?
every Saint has a past. Every Sinner has a Future
  • #91,088
  • Sep 24, 2018 6:18am Sep 24, 2018 6:18am
Quoting Tekkies
{quote} No, Emmanuel it does not make him a better trader, only more focused to what TMS is all about. He should put me also on ignore and focus on BigE and his training charts. I did that for 2 years after you lead me down the rabbit hole. Study, practise, fail and try again over and over. Only hope that Iddd has the determination to keep going even when TMS and price give him the middle finger. I have tasted what despair taste like with this method.

I think I told everyone the same that they should only read Big E post. But many still read my posts and they complain that I am very complicated.

But Tekkies, I knew I made you read Big E posts many times over and over again and you become better and you now know exactly which post to quote very quickly.

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

Only 463 posts in this massive thread to read.

Even the OP knew before he died, his last post was:

Quoting eelfranz
So many new traders... Do not think you can trade with us without reading the thread and taking notes. READ & STUDY. Snarlyjack - Good to hear from you old friend. We have stood back to back in battle more than a few times. May your trades be blessed buddy. Come visit more often. Big E
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #91,089
  • Sep 24, 2018 6:26am Sep 24, 2018 6:26am
Quoting emmanuel7788
{quote} My EAs love the M5 signals .. they are trigger for orders from my terminal.
That's my project at the moment to get the TDI automated correctly on a EA on the M5 time frame. Then I work on that strategy you whispered to me using MEME
Trading thin liquidity at the boundary of the charts
  • #91,090
  • Sep 24, 2018 6:32am Sep 24, 2018 6:32am
Quoting RickM
{quote} That's my project at the moment to get the TDI automated correctly on a EA on the M5 time frame. Then I work on that strategy you whispered to me using MEME
Good luck on it. :-)
  • #91,091
  • Edited 6:44am Sep 24, 2018 6:34am | Edited 6:44am
Quoting lddd
Here Tekkies, look what i mean. H1 already hooking over. The move not even went 10 Pips in profit... So is this what you expect to book profits for on a H1 trade, a 8-10 pips? {image}
(OK can not see entry point, to me it look like you entered on bar 4 (count blue bar))
Iddd
That is way it is so important to enter at the beginning of bar 1 / 2. That way you can bank two compleat blue bar's profit.
Attached Image

Your entry remind me of this post by BigE
(please look at his training chart as well)
#701
Training Chart - example only
Look at the last short...
The first red candle doesn't count... it's a nothing... barely a speck...
On my FXDD Charts the second candle is the entry candle barely...
The TDI is at a 4 o'clock angle...on the next candle the TDI green line drops to a 5 o'clock angle....
TDI looks good with Stochs confirming...
Flashing light, flashing light.... look at the wick pullback on the big candle !!!!! wow...
I'm expecting a short lived trade... next candle is at the bottom of the TDI check mark with another
candle pullback... time to exit... last two candle bottoms are about the same... exit, exit, exit !
Look to the left (2 blue boxes) that's what is stopping the downward movement... and the last candle starts up.
Take time to learn to read your candles and what their trying to shout at you as well as your TDI signals...
This is all BASIC FX things you need to know and recognize...
  • #91,092
  • Sep 24, 2018 6:44am Sep 24, 2018 6:44am
Quoting turnip15
{quote} You no longer using Range bars ?
Range bar's?
You mean HA candle's. No I don't.
  • #91,093
  • Sep 24, 2018 7:14am Sep 24, 2018 7:14am
Quoting Tekkies
{quote} (OK can not see entry point, to me it look like you entered on bar 4 (count blue bar))
I entered this H1 Trade at 1.1765 with the open of the 3rd blue candle on H1 after TDI green/red has crossed that was 1.1767 (and you can see the green line on the other side of the red line). So 2 pips late here.

Now I donīt know if TDI green/red already crossed at the open of the second blue candle. If so, this would be a better entry at 1.1739. Agree. However i could not see TDI crossed at the open of H1 bullish candle #2 here.

Now even if the entry was late on H1 and the fact i did not look at M15 to maybe get a TDI cross entry much earlier. Looking at the H4/Daily here it gave (still does) a bullish market. So keeping in mind these two bigger pictures we could expect even a late H1 entry moving at least for more than just a few pips before it collapses and reverses or even consolidates before it breaks out again, right?
  • #91,094
  • Sep 24, 2018 7:34am Sep 24, 2018 7:34am
Quoting lddd
{quote} I entered this H1 Trade at 1.1765 with the open of the 3rd blue candle on H1 after TDI green/red has crossed that was 1.1767 (and you can see the green line on the other side of the red line). So 2 pips late here. Now I donīt know if TDI green/red already crossed at the open of the second blue candle. If so, this would be a better entry at 1.1739. Agree. However i could not see TDI crossed at the open of H1 bullish candle #2 here. Now even if the entry was late on H1 and the fact i did not look at M15 to maybe get a TDI cross entry much...

There is no way you could have entered during that H1 candle.

See my post above:
https://www.forexfactory.com/showthr...0#post11509970

You could only find a M15 entry which is 30 minutes into that H1 candle. That is the setup M15 candle which breaks out of the Asian High and away from the today' Day Open.
Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Sep 24 LO H11600.png Size: 50 KB


Study this chart posted earlier.
The slope of the H1 TDI was good ... value 5 and that H1 has 49 mins to close.
Note the real price Pin Bar but with the 10 and 50EMA in its way, we need a strong momentum thrust price candle. That is Price Action trading withprice momentum...Japanese candles.

Look at M15 for the setup

Below POMO of the chart above:

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Sep 24 M15 setup entry.png Size: 41 KB


Go and read some of the TMS M15 posts:

https://www.forexfactory.com/showthread.php?t=345586
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #91,095
  • Sep 24, 2018 7:37am Sep 24, 2018 7:37am
Quoting lddd
{quote} I entered this H1 Trade at 1.1765 with the open of the 3rd blue candle on H1 after TDI green/red has crossed that was 1.1767 (and you can see the green line on the other side of the red line). So 2 pips late here. Now I donīt know if TDI green/red already crossed at the open of the second blue candle. If so, this would be a better entry at 1.1739. Agree. However i could not see TDI crossed at the open of H1 bullish candle #2 here. Now even if the entry was late on H1 and the fact i did not look at M15 to maybe get a TDI cross entry much...
Can not give you a clear cut answer Iddd. Any attempt will make me sound like those guru's on Forex web-page: If price does this then we will see a break to the down side, however is level xxxx does not get broken then .....................
--------
Only thing i can think of is support / resistance level. Daily show a bullish market like you mentioned. Zoom out on that TF and look left. Are other traders also afraid of that resistance zone and closing buy orders without putting in sell order.
Attached Image (click to enlarge)
Click to Enlarge Name: ternmnjhnh.PNG Size: 38 KB
  • #91,096
  • Edited 8:01am Sep 24, 2018 7:44am | Edited 8:01am
What about this one, AU short. Took entry on M15.

Attached Image (click to enlarge)
Click to Enlarge Name: audusd-m15-fxopen-investments-inc.png Size: 77 KB


Attached Image (click to enlarge)
Click to Enlarge Name: audusd-h1-fxopen-investments-inc.png Size: 75 KB
  • #91,097
  • Sep 24, 2018 8:07am Sep 24, 2018 8:07am
o.O. Missed that Draghi retard is speaking again...
  • #91,098
  • Sep 24, 2018 8:12am Sep 24, 2018 8:12am
Quoting lddd
What about this one, AU short. Took entry on M15. {image} {image}
The same Iddd.
Enter on / above / below a resistance / support zone.
The green dotted sell line show that clearly on both chart's.
Place BE as soon as you can.
  • #91,099
  • Sep 24, 2018 8:20am Sep 24, 2018 8:20am
Many traders here are successful with H4 when using the TDI and I wish them good luck, I just refuse to wake up at 3am to see THAT H4 candle.

I much prefer a 3-4 hour trading day in the evenings with a hot cup of coffee ( My EA's do my other trading ). Luckily for me, by evenings match the London trading session so now I don't have to wake up for any bloody candle.
I want to get in, make some pips and get out before the trend reversals.
I'm set up to trade the M5 chart with the TDI manually ONLY if the trends running that night.

Tonight's being good, the GBP pairs ran steadily for a few hours which is long enough to get 3 or 4 crosses on the M5. That's Multiple entry then single exit.
On the M5, I don't wait for that 4 o'clock angle or a nice cross, its just all crosses provided theirs good momentum.
I chose 4 pairs tonight, GBPUSD, GBPAUD, GBPNZD, USDCAD

USDCAD loss me 18 pips, GBPUSD won me 90 pips, GBPAUD won me 70 pips, GBPNZD won me 60 pips in 3.5 hours.

So I honestly believe the shorter time frames are the way to go with multiple entry's if you use the TDI. If I didn't trade M5, I would copy Tekkies time frames.

The basic strategy is Strats work with the addition of the TDI -
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ga 66 pips.png Size: 152 KB
Click to Enlarge Name: gu 88 pips.png Size: 208 KB
Trading thin liquidity at the boundary of the charts
  • #91,100
  • Sep 24, 2018 8:24am Sep 24, 2018 8:24am
Quoting Tekkies
{quote} The same Iddd. Enter on / above / below a resistance / support zone. The green dotted sell line show that clearly on both chart's. Place BE as soon as you can.
Yeah noticed it ...

Anyways EU news killing my day again. I went short on GU as well as AU after i closed my EU long trade for a -$20.

Should have left the EUR trade open instead and do nothing else. Now including with the DAX30 trade i am now almost 100 pips minus for today

Oh man, this means eating spaghetti for the rest of the month haha...
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