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Trading Made Simple

  • #91,101
  • Sep 24, 2018 6:27am Sep 24, 2018 6:27am
Quoting RickM
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.
Move to Europe
  • #91,102
  • Sep 24, 2018 6:28am Sep 24, 2018 6:28am
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.
Now I am going to sound like a web-page guru:
"When Draghi is speaking then you can expect price to go................. on any pair"
Iddd, have you consider that the approaching FOMC might be responsible for how price's is behaving on all pair's. Everybody got the jitters about FOMC and that is reflected in price movement.
  • #91,103
  • Sep 24, 2018 6:35am Sep 24, 2018 6:35am
Quoting Tekkies
{quote} Now I am going to sound like a web-page guru: "When Draghi is speaking then you can expect price to go................. on any pair" Iddd, have you consider that the approaching FOMC might be responsible for how price's is behaving on all pair's. Everybody got the jitters about FOMC and that is reflected in price movement.
I would be more happy with Draghi speaking every hour 5 days / week. So at least there would be some MOVEMENT in forex markets. Just bad luck i am on the wrong side of the line for my open trades...

Reminds me on my thoughts earlier this day i already wanted to say but forget about again.

"How can you trade a trend-following strategy like this one, if the intraday trend in forex means 20-30 Pips little micro swings while 90% of the rest of the time it ranges by a few little pips".

Maybe there are better markets to trade this strategy doesnīt makes you fall into sleeping mode while watching charts not moving...
  • #91,104
  • Sep 24, 2018 7:01am Sep 24, 2018 7:01am
Seems like the news volatility is fading out. I am still short on both the AU and GU, praying to get back to break even hah.

Maybe manually day trading is nothing for me. Should really think about switching completely to the Daily or at least H4. You see how LUCKY it is to hit your profit targets by trading M15 or even H1? Most times of the week it not even moves there or you would have to hit THAT PERFECT PERFECT A++ Setup .

How is the chance you get this more often instead of missing it? Its really not much difference than flipping a coin...

Like said most of the times everything in forex seems to go sideways and waiting for some central bank whores to step in front of the microphone before anything finally moves a 50 Pips to hit your TP/SL.
  • #91,105
  • Sep 24, 2018 8:26am Sep 24, 2018 8:26am
Quoting lddd
Seems like the news volatility is fading out. I am still short on both the AU and GU, praying to get back to break even hah. Maybe manually day trading is nothing for me. Should really think about switching completely to the Daily or at least H4. You see how LUCKY it is to hit your profit targets by trading M15 or even H1? Most times of the week it not even moves there or you would have to hit THAT PERFECT PERFECT A++ Setup . How is the chance you get this more often instead of missing it? Its really not much difference than flipping a coin... Like...
You will always lose trading this strategy no matter what timeframe you trade. Simple as that. That's why the "professional traders" who trade tms can't post results. They don't have any to speak of trading TMS. Now they trade EAs and post garbage.

Save your time and money and trade something else even if you sound like a complete jack A$$ and newbie.
You will learn the most from your losing Trades
  • #91,106
  • Sep 24, 2018 8:47am Sep 24, 2018 8:47am
See anyone you know guys? Image courtesy CBS news.

Attached Image (click to enlarge)
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'in less than half an hour he made over 100 ticks'
  • #91,107
  • Sep 24, 2018 8:47am Sep 24, 2018 8:47am
Quoting Chenzo25
{quote} You will always lose trading this strategy no matter what timeframe you trade. Simple as that. That's why the "professional traders" who trade tms can't post results. They don't have any to speak of trading TMS. Now they trade EAs and post garbage. Save your time and money and trade something else even if you sound like a complete jack A$$ and newbie.
Oh, seems like special school is out. Hi Chenzo
  • #91,108
  • Sep 24, 2018 9:11am Sep 24, 2018 9:11am
Quoting lddd
Seems like the news volatility is fading out. I am still short on both the AU and GU, praying to get back to break even hah. Maybe manually day trading is nothing for me. Should really think about switching completely to the Daily or at least H4. You see how LUCKY it is to hit your profit targets by trading M15 or even H1? Most times of the week it not even moves there or you would have to hit THAT PERFECT PERFECT A++ Setup . How is the chance you get this more often instead of missing it? Its really not much difference than flipping a coin... Like...
John,

On the 4h chart showing the 1 loser... on a 5 0r 15 minute it would have been a loser but on the 4h chart you would have actually made about 30 pips...

Your S/L question... On your 5 & 15 minute charts... place your S/L 3-5 pips away from the previous hi or low on your chart. You will rarely ever get stopped out that way so don't worry about how many pips away that is... 5 & 15 m charts are for Gladiators because the brokers take most of those traders to the meat market as road kill... and that's why I prefer not trading those timeframes... I got tired of the horses dragging me from the arena...
If you are good at something, never do it for free--Joker
  • #91,109
  • Sep 24, 2018 9:20am Sep 24, 2018 9:20am
Quoting jmn5611
{quote} John, On the 4h chart showing the 1 loser... on a 5 0r 15 minute it would have been a loser but on the 4h chart you would have actually made about 30 pips... Your S/L question... On your 5 & 15 minute charts... place your S/L 3-5 pips away from the previous hi or low on your chart. You will rarely ever get stopped out that way so don't worry about how many pips away that is... 5 & 15 m charts are for Gladiators because the brokers take most of those traders to the meat market as road kill... and that's why I prefer not trading those timeframes......
jmn
Spartacus was my great, great, great, great grandfather.
  • #91,110
  • Sep 24, 2018 9:22am Sep 24, 2018 9:22am
Quoting onejester
See anyone you know guys? Image courtesy CBS news. {image}
Attached Image
  • #91,111
  • Sep 24, 2018 10:37am Sep 24, 2018 10:37am
Quoting jmn5611
{quote} John, On the 4h chart showing the 1 loser... on a 5 0r 15 minute it would have been a loser but on the 4h chart you would have actually made about 30 pips
What trade exactly do you refer to here? I was able to close both my M15 short trades in profit (which were already running 30 pips against me each).

That AUD/USD H1 short trade i took (entry on TDI crossover M15) now looks like this

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And GBP/USD H1 short trade (entry on TDI crossover M15)

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Now for the AUS/USD short i took i was looking at the H1 as well as H4 and Daily before i entered on M15. So this trade probably just spiked up because of Draghi was speaking. It keeps heading down now. So actually a poor exit again, however i was happy to close it with at least no loss here after that News i missed (should not even entered on it).

Regarding the GBP/USD trade, well i took the M15 TDI crossover without looking at the H1 or Daily. So no entry at all here. Just lucky to managed getting this one closed to in profit too.

But the main problem remains to me.

Either:

- to find a programmatic way to filter out 8/10 M15 signals i could set up alerts for keeping me away from looking to the charts every 15 Minutes just to see another non valid TDI cross happened but where price action tells a different story, market condition is bad, news is on/upcoming, and so on.

OR:

A Trader who can show me that this strategy trading on the H4 manually can be successfully managed (including a 3rd party site accountīs linked track record, brokers history statement, investors pw to account or at least some other reliable instance of trust, some other REAL traders can confirm the success.)

Did BigE ever provided something like that or does anyone actually knows this genius? I know about all the quotes "proof what..".

But thats were the problem starts, and i feel sorry to say so but thats where Chenzo at least has a point He is completely right on this, nobody here ever provided any proof of success trading this strategy for 1-2 years at least, right? No matter what time frame or changed the strategy to fit his/her own trading plan, personality. Absolutely nothing, just a lot of bullshit talk and some non-saying charts.

Now let me tell you something quickly because i donīt want to start the same "proof this, proof that" discussion again.

How many of you running a business or ever studied to become WHATEVER this will be? Maybe a doctor, maybe a teacher, maybe a IT specialist, marketing professional, working at Mc Donalds, what ever. Doesnīt matter.

Now did you start thinking about investing the next 10 years in learning something without any proof where you end up? Ok, nothing is for sure, but at least you looked for some other people studied or started a business to see if it might pays off all the hard time investing in right?

So i donīt want to start trading the H4 investing even more time (maybe years..) just to find out all the hard work didnīt pay off, the strategy is not working or at least not working like described / changed and no help how to adapt to the change to make it work again.

Personally time is much more important to me than money. Studying charts hours and hours for some years, well ok if this is the only way. But for sure not just because of some virtual "BigE" i never met in real life wrote on FF (a forum which is full of conflicts of interest) that it works.

Quoting jmn5611
Your S/L question... On your 5 & 15 minute charts... place your S/L 3-5 pips away from the previous hi or low on your chart. You will rarely ever get stopped out that way so don't worry about how many pips away that is
Well, you can set no stop loss at all and you rarely ever get stopped out...

Setting it 3-5 pips away from previous high/low. This what i am generally doing for all my M15 trades for some month now. However its still very likely such SL is taken out too here. Maybe this worked in times of BigE was trading it that way.
  • #91,112
  • Sep 24, 2018 11:10am Sep 24, 2018 11:10am
Quoting lddd
{quote} What trade exactly do you refer to here? I was able to close both my M15 short trades in profit (which were already running 30 pips against me each). That AUD/USD H1 short trade i took (entry on TDI crossover M15) now looks like this {image} And GBP/USD H1 short trade (entry on TDI crossover M15) {image} Now for the AUS/USD short i took i was looking at the H1 as well as H4 and Daily before i entered on M15. So this trade probably just spiked up because of Draghi was speaking. It keeps heading down now. So actually a poor exit again, however...
If you are looking for certainty, I would suggest you take up a career in Science, Technology, Engineering, or Medicine.

Trading is the very definition of uncertainty. However, I understood that immediately and it did not bother me. I have never not had something to show for my efforts, but at the same time I value knowledge. Knowledge will always convert to income at some point. I definitely agree with you about time, which is why it perplexes me that you would say that you would rather trade on a smaller time frame that requires more monitoring. I don't like to check my charts more than two or three times a day. I also realize that I am not trading as a way out of any situation. I do it because I like it, and it is fun to see people on forums like this one innovate on principles that have been the same since markets existed.

"Whether you think you can or think you can't, you are right"--Henry Ford.
If you are good at something, never do it for free--Joker
  • #91,113
  • Edited 12:39pm Sep 24, 2018 12:16pm | Edited 12:39pm
Quoting lddd
{quote} He is completely right on this, nobody here ever provided any proof of success trading this strategy for 1-2 years at least, right?
How long does it take a doctor before he is allowed to to practise medically or for that matter a lawyer to represent a client in court. (I think a doctor - 7 years, a spesialis - 12 years, lawyer - 5, 6 year's (not sure)).

Am asking one question:
When medican start way back in the Stone Age was there any proof back then? How many died because "doctor " in those times did not know what the heck he was about.
----
Well it is the same with TMS. The person who could provide you the proof and guidance has passed away.
Iddd you are also like that "doctor". All you have is what virtual "BigE" posted without any proof or guidance.

Not picking a fight Iddd. This is how I see it: You got a few options to choose from, here are two of them:
- Find a method where there is lot's of proof and start over with that method.
- Stop bitching and make it work for you.
---
I only "got it right" this year after 3 years stumbling around in darkness with only what BigE has posted. I also seeked proof and none could be given. Also seeked guidance and was mislead for many a member posted that this method does not work. I can't give any proof or even the correct guidance, 4 month is not worth any proof or 3 years trading either.
BigE's is the teacher, I am only one of many students and like yourself I still have a lot to learn myself.
  • #91,114
  • Sep 24, 2018 12:31pm Sep 24, 2018 12:31pm
Quoting RickM
{quote} Every post you show your ignorance to basic chart elements. With my manual trading, its all ABP Average bars normally which are BARS. You need glasses along with a brain. Hows your great sell on AUDUSD going HA HA Only a newbie sells into a 200EMA oops more money down the drain {image}
When you stop acting like you know everything because you're a "Professional trader" than maybe you won't sound like such a Dbag. Remember when you were being a smuck when I sold USDCAD couple weeks ago talking about a monthly resistance zone? I proved you wrong then making over 200 pips and again with this trade. I held through the weekend because I actually see things that you don't. You and that other Jizz stain that I dumped down the toilet on Friday.

When you realize how Smart Money trades and moves price, only then will you understand how I trade.

Smart Money doesn't give a damn about a 200EMA!!

You must really hate that I proved you wrong twice now... and I'm not even a professional trader

Maybe you need to create a better EA???
Attached Image (click to enlarge)
Click to Enlarge Name: audusd111.png Size: 75 KB
You will learn the most from your losing Trades
  • #91,115
  • Sep 24, 2018 12:49pm Sep 24, 2018 12:49pm
Quoting Chenzo25
{quote} When you stop acting like you know everything because you're a "Professional trader" than maybe you won't sound like such a Dbag. Remember when you were being a smuck when I sold USDCAD couple weeks ago talking about a monthly resistance zone? I proved you wrong then making over 200 pips and again with this trade. I held through the weekend because I actually see things that you don't. You and that other Jizz stain that I dumped down the toilet on Friday. When you realize how Smart Money trades and moves price, only then will you understand...
Chenzo, please stop flooding this topic with your crap like many others do already. Make your own thread to show off your great sucesss. You are only here because this topic has some traffic so maybe some idiots will follow up on you right?...

Honestly youīr the next on my ignore list now, welcome.
  • #91,116
  • Sep 24, 2018 1:15pm Sep 24, 2018 1:15pm
Quoting Tekkies
This is how I see it: You got a few options to choose from, here are two of them: - Find a method where there is lot's of proof and start over with that method. - Stop bitching and make it work for you.
Well, thats what i am trying and why i am actually still following this topic. But any time i ask for some real practical advice it gets ignored or said it canīt be done.

How many times i did ask if there is a way to filter out so many false signals you get with M15? So there is no option here instead of switching to H4 or the Daily right? Because i donīt want to set up Alerts even if its just one chart to the M15 and getting called 48 times (in extremes where TDI crossed on M15 every new candle) just to see a 46 times that cross signal is a NO TRADE.

So i wonder how you do this, it requires lots of chart time and probably you only trade because you like it that way. Not sure what the reasons are you doing so but canīt be do make any serious money. With 5 trades a week on average but spending 8 hours/day spotting these high profibility M15/H1 conditions trading 0.10 lot positions you could not even able to cover the costs for my daily rent.

So if you able to make a living that way you probably located somewhere to the 3rd world or trading for fun like said or trying to make a few extra bucks for retirement.
  • #91,117
  • Sep 24, 2018 1:20pm Sep 24, 2018 1:20pm
Quoting lddd
{quote} Chenzo, please stop flooding this topic with your crap like many others do already. Make your own thread to show off your great sucesss. You are only here because this topic has some traffic so maybe some idiots will follow up on you right?... Honestly youīr the next on my ignore list now, welcome.
Just Proving those who think they know wrong.

I can give a about your ignore list. You sound like whining little cat on this thread. Shut up and trade otherwise find something that actually works.
You will learn the most from your losing Trades
  • #91,118
  • Sep 24, 2018 1:25pm Sep 24, 2018 1:25pm
Quoting Chenzo25
{quote}You sound like whining little cat on this thread.
Please donīt compare my sound with your momīs one every time she leaves the casting couch.
  • #91,119
  • Sep 24, 2018 1:46pm Sep 24, 2018 1:46pm
Hi all,
I want to share this little script. It applies a template to every open chart. The template may include indicators and an EA.
In the inputs you must type or paste the name of the template.
Attached File(s)
File Type: mq4 28Pairs_Template v1.00.mq4   5 KB | 368 downloads

Attached File(s)
File Type: ex4 28Pairs_Template v1.00.ex4   7 KB | 317 downloads

I use it to quickly attach an updated version of an EA to my charts.
Cheers...
  • #91,120
  • Sep 24, 2018 1:49pm Sep 24, 2018 1:49pm
Quoting lddd
{quote} So if you able to make a living that way you probably located somewhere to the 3rd world or trading for fun like said or trying to make a few extra bucks for retirement.
Yes, No, Yes.
I can't help you with practical advice Iddd. What I showed you with chart's posted and the little I know from what BigE has posted is all that I learned in 3 years.
----
I use H1 green direction to filter M15 false signals and that is what I have been showing you the whole time. Also showed you how to apply it to H1/H4.
----
Yes, I like it that way because it is how I understand TMS
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