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Trading Made Simple

  • #91,641
  • Oct 2, 2018 6:47pm Oct 2, 2018 6:47pm
Quoting emmanuel7788
{quote} EURAUD Week 40 Oct 02 to 05, observation. I trade on D1 long swing sell with MEME. Be patient when trading H4, it is on RSI OverSold region and traders usually don't like to sell when in OS region. {image}

EURAUD Week 40 Oct 03 Update:

Yesterday we saw the price bounce off the D1 50EMA, that happen quite often and when there is also a BRN like 1.6000.

Today, with D1 above its 50EMA, and H4 is above ts 10EMA, we can take a counter trend trade and target H4 50EMA. Just need to pay more attention when price is near any of the BRN and RN levels... 1.6050 1.6100 1.6150...

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #91,642
  • Edited 7:26pm Oct 2, 2018 6:50pm | Edited 7:26pm
Quoting jmn5611
{quote} You have been given what constitutes signals. You have been given the ideal TF. You have been given the pairs to trade. You have been given where your stops should be. You have been given when to trade. Now, do what Mark Douglas told you to do and put on your twenty trades. If you violate ANY of the rules you have been given, then the problem is with you, not the method. Is there any way I can be more clear?
Sure there are entry/exit rules defined by the TMS author. But that wasn´t my point. To achieve constant results you need to have some edge in your strategy like a percentage gain over X signals you got. My question here was simple. Did BigE or any other person here trading the TMS ever provided such data?

Because otherwise it seems like the only way this strategy will give you such overall positive results depends soley on the fact on how you analyse each TDI crossover signal (after you got one). So not what you want to do if you listen to what Mark Douglas said (i am not saying he is right but at least he seems to understand what the hell is talking about compared to all these forum trolls here) like:

- "Avoid thinking in a trade by trade mentality"
- "Any trading methology just gives you a win or loss ratio over a percentage of trades"

So again, how do you make sure to take the same criteria for every TDI crossover signal if the very important fact what makes it profitable is completely out of the results of your manually technical chart analyse you first start AFTER the signal you got!

There is no fixed rule here, not even a fixed "plan"! So you stand in the dark after each new signal (TDI crossover) again. The only rule/plan here provided by Eric was to do "the basics". However this is NO rule/plan because every trader trading this strategy can interpret "the basics" completely differently anytime.

How can you make sure "not violating ANY of the rules" like you say (see the quote) if these rules are not provided or lets say at least the IMPORTANT parts of what makes it successfully in the long run is only a bunch of variables of how you spot the basics right every time you take a trade.

So to trade this "strategy" successfull the only thing you can do is to get the "basics" right for every new signal. Where the "basics" are full of relative parameters and nothing absolute. A support or resistance level for e.g can be interpreted by each trader differently, a market condition can be spotted by each trader differently, PA can be interpreted by each trader differently) So there is zero consistency in it, otherwise you would be able to automate all these rules given here to achieve consistent profitable results.

Even if you cannot detect market conditions in advance, has anyone tried a automated trading backtest taking trades blindly only for the RIGHT market conditions, the right time, the correct time frame, all the right basics, the right TDI crossovers with steep green angle? Because if this strategy works at least such backtest should bring up positive results to proof either or not i will be worth the traders time doing all this manually. I hope you understand this, its not that i am looking for a money machine doing everything on autopilot. But it would help to estimate the probabilities.

Hope you got it now
  • #91,643
  • Oct 2, 2018 7:04pm Oct 2, 2018 7:04pm
Quoting emmanuel7788
{quote} Hi Peter, If you are new to the TDI, I recommend these below.....

Thanks for the resources Emmanuel. I will take a look.
  • #91,644
  • Oct 2, 2018 7:21pm Oct 2, 2018 7:21pm
Quoting lddd
{quote} Sure there are entry/exit rules defined by the TMS author. But that wasn´t my point. To achieve constant results you need to have some edge in your strategy like a percentage gain over X signals you got. My question here was simple. Did BigE or any other person here trading the TMS ever provided such data? Because otherwise it seems like the only way this strategy will give you such overall positive results depends soley on the fact on how you analyse each TDI crossover signal (after you got one). So not what you want to do if you listen...
iddd the missing ingredient in all these systems is understanding market structure. It just never talked about. MS is HH HL LL LH when you view the market this way you will be on the right side more than not
  • #91,645
  • Oct 2, 2018 7:33pm Oct 2, 2018 7:33pm
Quoting Divergence
MS is HH HL LL LH when you view the market this way you will be on the right side more than not

That simple piece of advice is one of the few golden nuggets you'll find here at FF in general, and in this thread in particular. You don't need all the gimmick-ware that shows up here, or all these books and videos and....and....and.....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #91,646
  • Oct 2, 2018 10:06pm Oct 2, 2018 10:06pm
Quoting emmanuel7788
{quote} EURAUD Week 40 Oct 03 Update: Yesterday we saw the price bounce off the D1 50EMA, that happen quite often and when there is also a BRN like 1.6000. Today, with D1 above its 50EMA, and H4 is above ts 10EMA, we can take a counter trend trade and target H4 50EMA. Just need to pay more attention when price is near any of the BRN and RN levels... 1.6050 1.6100 1.6150... {image}
Hi Emmanuel , are u taking time off the forum or reducing your posts recently I seen you backing off a bit , hope you stay here , this is your home , and for everyone please just follow the thread even blindly , I did 6 years ago, didnt thought at all that this isnt doable and didnt doubt no one, I followed Big E , Phx62 and Emmanuel without 2nd though , now am at a place where I can shout loudly that I turned into a successful trader, think and act positively and u shall receive what you are after

TMS works, its not an easy road, nothing in life is, even walking for the first time isnt, so whether its a TDI cross , PA , whatever , pick something and work day in day out to master that, its only you that will make the difference

I came to this thread when Big E was already gone, RIP, and Phx62 was about to be done 2, so what remained was Emmanuel who worked very hard to keep the thread going , he has his own way, Big E and Phx62 also had there own way style, that dosent mean they trading off TMS, pick study keep learning make the mistakes that cost you to learn , give it time, a lot of time, doing the same repeatedly, mistakes will start to slow down, winners will bile up, time will heal, and you will be amazed what was seem so difficult now seems easier

Winning , winning , winning every month
I Have Learned to Take Some Losses to Make Profits
  • #91,647
  • Oct 2, 2018 10:50pm Oct 2, 2018 10:50pm
Post on the previous page 91,640 got me thinking re the Yellow line.

So in the TDI Custom Indicator, Colors Tab I have #4 as Green and #5 as Red.

#0 Black (on black background)
#1, #2, #3 as none. I assume that one of these is the Yellow, or should be made yellow, can someone take a look at theirs and let me know which one to make Yellow ?

I am guessing #2 should be made Yellow ???
  • #91,648
  • Oct 2, 2018 11:00pm Oct 2, 2018 11:00pm
Quoting TheScorpS
{quote} Hi Emmanuel ,.....

Refreshing post TheScorpS.

From what I can tell Emmanuel brings a lot more good than not good to this thread.

But I do wonder if this thread will often have problems because the founder is no longer here to steer the strategy and ban trouble-makers. This is why I have suggested someone committed to the strategy start a new thread. Alternatively, perhaps Twee will give a long time and committed member the right to ban disrupters.

In sum it would be good to see an end to the daily bashings and a focus on trading.
  • #91,649
  • Oct 3, 2018 3:34am Oct 3, 2018 3:34am
EJ 1min + 39

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'in less than half an hour he made over 100 ticks'
  • #91,650
  • Oct 3, 2018 4:11am Oct 3, 2018 4:11am
Quoting Divergence
{quote}iddd the missing ingredient in all these systems is understanding market structure. It just never talked about. MS is HH HL LL LH when you view the market this way you will be on the right side more than not
Definitely. In fact a point comes in my view where a trader beginning to see PA will anticipate any kind of indicator.
If you are good at something, never do it for free--Joker
  • #91,651
  • Oct 3, 2018 4:13am Oct 3, 2018 4:13am
Quoting Divergence
{quote}iddd the missing ingredient in all these systems is understanding market structure. It just never talked about. MS is HH HL LL LH when you view the market this way you will be on the right side more than not
And this is why I wish Likica's thread was more subscribed, Likica hasn't been around much but it is TMS with market structure, and thats basically all thats needed, that and practice. I haven't been able to trade hardly at all lately, mainly scalps and a couple of nice 30m trades but I have missed plenty by not being in front of my computer. I will have more time from now on and will post on Likica's thread to try to bring the thread back to life. But anyone can study her posts and learn an awful lot.
Success means going from failure to failure without loss of enthusiasm
  • #91,652
  • Oct 3, 2018 4:21am Oct 3, 2018 4:21am
Quoting pips29
From the chart the area of support is probably lower down and Emm took a short at or near that low of which it's being tested..Whether that acts as support only time will tell, so it's not a case of selling into support as price has not tested that level since it was printed on the 22 May 2016..let's see how it works out for him before bashing his entry {image}
price is getting there...wonder what happened to Emm's trades?
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the cautious seldom err....C
  • #91,653
  • Oct 3, 2018 4:23am Oct 3, 2018 4:23am
Quoting Divergence
{quote}iddd the missing ingredient in all these systems is understanding market structure. It just never talked about. MS is HH HL LL LH when you view the market this way you will be on the right side more than not
Been saying it all along. Maybe they will listen to someone with your track record (even if you are berated almost whenever you post something). Funny how that suddenly changed on your last couple of posts.

Anyway, it seems the powers that be have finally sat up and taken notice. I had an e-mail from Twee last night, if there is any justice there will be some kind of moderation.

Objective finally achieved (fingers crossed).
'in less than half an hour he made over 100 ticks'
  • #91,654
  • Oct 3, 2018 5:14am Oct 3, 2018 5:14am
Today's trade with PA.

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  • #91,655
  • Oct 3, 2018 5:37am Oct 3, 2018 5:37am
Quoting onejester
{quote} Been saying it all along. Maybe they will listen to someone with your track record (even if you are berated almost whenever you post something). Funny how that suddenly changed on your last couple of posts. Anyway, it seems the powers that be have finally sat up and taken notice. I had an e-mail from Twee last night, if there is any justice there will be some kind of moderation. Objective finally achieved (fingers crossed).
After the last mudslinging popcorn fight, watching from the sideline (must say a refreshing experience) came to the conclusion it is not worth the effort to post against anti TMS post's. TMS will still be here when we are long gone and forgotten. What will the point be to berated Div for posting again in this thread after he posted:
" I Will not disturb you guys anymore." Post 91,335 Time did tell something.
  • #91,656
  • Oct 3, 2018 6:10am Oct 3, 2018 6:10am
Quoting emmanuel7788
{quote} EURAUD Week 40 Oct 02 to 05, observation.....

EURAUD was a good set-up on H1, H4 and D1. In hindsight I will have to give more consideration to TDI's OS/OB.

as for NZDUSD

.
  • #91,657
  • Edited 6:31am Oct 3, 2018 6:14am | Edited 6:31am
Quoting Tekkies
{quote} After the last mudslinging popcorn fight, watching from the sideline (must say a refreshing experience) came to the conclusion it is not worth the effort to post against anti TMS post's. TMS will still be here when we are long gone and forgotten. What will the point be to berated Div for posting again in this thread after he posted: " I Will not disturb you guys anymore." Post 91,335 Time did tell something.
---
I think he reserves the right to change his mind, and if you look at the number of likes his last posts got it kind of gives you an idea of what the audience is thinking.

If nobody challenged anything, then we would exist in a dictatorship. It is good to be pushed out of your comfort zone and explore new ideas and ways of seeing things.

At least some members are starting to put up some trades. Surely you have to agree that if at least some people can be seen to make money with tdi, it will attract new interest to the thread.
'in less than half an hour he made over 100 ticks'
  • #91,658
  • Oct 3, 2018 6:18am Oct 3, 2018 6:18am
Quoting jmn5611
{quote} Definitely. In fact a point comes in my view where a trader beginning to see PA will anticipate any kind of indicator.
Why do you say "anticipate any kind of indicator"
Div and Lisat both mentioned market structure. To me post#647 contain all the elements of what consist of market structure.
Post#647
Your safest trades will always be when green crosses red and you enter on candle 1 or 2... odds are
in your favor. Why? Because I'm expecting 3-8 candles... which is average...
With bounce trades the odds are lower for your success... but it still works.
When wanting to enter a TDI trade... take a moment first to observe basic 4x things... like:
How close am I to the previous high or lo
Am I in an uptrend or downtrend.. short & long term...
Am I in or close to a consolidation area
Are the previous candles small...
Look at the candles on the last reversal... big, little, what
How does the momentum look right now (12-2, 4-6)
Does Stoch's confirm the TDI signal
and supp/Res levels
Compare the contents of #647 against these webpage's:
https://pepperstone.com/en/client-re...rket-structure
https://admiralmarkets.com/analytics...3-simple-steps
https://www.elitecurrensea.com/forex...erns-like-pro/
google search: About 4 770 000 results

All that TDI does is: "Hey bonehead!!! The market structure you are looking for start's here at the beginning of this new bar."
Members blame TDI crossover for their own failure to understand post#647.
"I am not stupid, it is that damn TDI green cross red that gave me the wrong signal to enter."
TDI get blacklisted by one more member.
-----------
DE30 closed for today due to German Unification Day
The rules have not changed even for GBPUSD
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  • #91,659
  • Oct 3, 2018 6:56am Oct 3, 2018 6:56am
Quoting pips29
{quote} price is getting there...wonder what happened to Emm's trades? {image}

AUDCAD trade closed last week/month and some this week so far,
and now with one new basket with only one open position at 0.9181...


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new target below ... 0.9063 longer term swing trading.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #91,660
  • Oct 3, 2018 7:05am Oct 3, 2018 7:05am
Quoting TheScorpS
{quote} Hi Emmanuel , are u taking time off the forum or reducing your posts recently I seen you backing off a bit , hope you stay here , this is your home , and for everyone please just follow the thread even blindly , I did 6 years ago, didnt thought at all that this isnt doable and didnt doubt no one, I followed Big E , Phx62 and Emmanuel without 2nd though , now am at a place where I can shout loudly that I turned into a successful trader, think and act positively and u shall receive what you are after TMS works, its not an easy road, nothing...

Hi TSS,

I have been very busy over the weekend with friends from overseas visiting and they keep me busy with their drone videography here. The DJI drone is kind of fun to learn to fly and take video from high up.
I am also busy with conversion migration projects of MT4 to MT5 and plan to complete and ready for 2020.... my retirement plan.

I see you are still focus with EURAUD H1 day trading. I think you have enough experience to think of automating your trade management and you concentrate on the entry and let an EA do the exit trade management for you.

Take Care and Good Trading,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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