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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

  • #92,781
  • Jan 3, 2019 4:50am Jan 3, 2019 4:50am
Quoting Tekkies
{quote} Have copied mq4 alarm code from a other TDI to TDI Red Green with a nice set of desktop speakers, have the alarm set M15 crossover. Don't use it much.
Ah yes - i probably have that already - i think its TMS-OSC Cross.
  • #92,782
  • Jan 3, 2019 4:50am Jan 3, 2019 4:50am
Quoting emmanuel7788
TMS Monitor for newbies: GBPUSD M15 H1 and H4 {image}
Where can we get this dashboard?
  • #92,783
  • Jan 3, 2019 5:05am Jan 3, 2019 5:05am
Attached Image (click to enlarge)
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Long Entry on USDCHF.
  • #92,784
  • Jan 3, 2019 7:38am Jan 3, 2019 7:38am
Having used this system a couple of months back while i was learning to trade (still am) i really dont understand how so many of you are still here after so long. For me, getting away from this system to something that makes no sense, i really feel like theres zero logic to this system, and you cant explain what exactly your edge in the market is. Also the people who has been here for ages seems to still be trading micro lots
  • #92,785
  • Jan 3, 2019 9:38am Jan 3, 2019 9:38am
TDI the Winning EDGE
Required reading: ONLY BIGE's POST IN THIS TMS Tread.
(For you the trader a once of discount. At no cost to you, download from paperclip top right of web page)
With compliments from Tekkies the newbie trader who could not find his winning edge.
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  • #92,786
  • Jan 3, 2019 2:02pm Jan 3, 2019 2:02pm
Quoting AkronD
{image} Long Entry on USDCHF.
Quick Update: Closed out for -20 pips
Attached Image (click to enlarge)
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  • #92,787
  • Jan 3, 2019 2:07pm Jan 3, 2019 2:07pm
Quoting Pagh
Having used this system a couple of months back while i was learning to trade (still am) i really dont understand how so many of you are still here after so long. For me, getting away from this system to something that makes no sense, i really feel like theres zero logic to this system, and you cant explain what exactly your edge in the market is. Also the people who has been here for ages seems to still be trading micro lots
Isn't the logic to follow momentum for a quick buck.
  • #92,788
  • Jan 3, 2019 2:10pm Jan 3, 2019 2:10pm
Just wanted to say happy new year to y'all, BigE (may he rest in peace) and those who keep this thread up.
I started off with small feel good trade USDCAD short.
Attached Image


Personally, my goal is to earn 5% every month with account 5k CAD account size
Hope you guys do well this year as well.

Currently eyeing USDCAD and AUDUSD

Cheers
market is a device for transferring money from the impatient to the patient
  • #92,789
  • Jan 3, 2019 5:36pm Jan 3, 2019 5:36pm
Quoting bs4
Just wanted to say happy new year to y'all, BigE (may he rest in peace) and those who keep this thread up. I started off with small feel good trade USDCAD short. {image} Personally, my goal is to earn 5% every month with account 5k CAD account size Hope you guys do well this year as well. Currently eyeing USDCAD and AUDUSD Cheers
Happy New Year BS4!

Good to start the trading business year with a goal.

5% every month is SMART goal and that comes with diligent work on your part. That can be achieved with very strict discipline following your own trading game plan.

Anything between 2% and 10% is achievable when you follow your own plan and develop your own WINNING EDGE.

Below are two of my live trading accounts results for 2018. One of my goals for 2018 was trading CONSISTENCY and the same simple goal for 2019.

Attached Image


Attached Image


Good Trading in 2019.

SMART acronym for:

https://www.yourcoach.be/en/coaching...al-setting.php
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #92,790
  • Jan 3, 2019 5:46pm Jan 3, 2019 5:46pm
Quoting AkronD
{quote} Quick Update: Closed out for -20 pips {image}
HINDSIGHT is 20/20. But we all can learn from POMO without any bias.

Attached Image (click to enlarge)
Click to Enlarge Name: akronD USDCHF trade post Dec 03.png Size: 237 KB


You have your MT4 price alert 9900. That BRN is show-stopper.

I now you use the 21EMA like Big E did in his old thread. In fact he used 21/233 Method and the 5-Method, both methods he derived from CHS's NFF and DM's Synergy. Follow his journey here in FF, learn everything that he posted and you will do well.

Do you believe in The Power of 10EMA and the CONFLUENCE of Support & Resistance?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #92,791
  • Jan 3, 2019 5:55pm Jan 3, 2019 5:55pm
Quoting AkronD
{image} Long Entry on USDCHF.

POMO

You have two versions of the TDI on you chart. Use the one fro Post#25 and trade like the OP did.

My comments on you chart below.

Big E was an aggressive trader and he used PA for his reversal entries from the NFF system.

Attached Image (click to enlarge)
Click to Enlarge Name: AkronD USDCHF trade entry DBLHC.png Size: 274 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #92,792
  • Edited 6:13pm Jan 3, 2019 6:02pm | Edited 6:13pm
Quoting emmanuel7788
{quote} HINDSIGHT is 20/20. But we all can learn from POMO without any bias. {image} You have your MT4 price alert 9900. That BRN is show-stopper. I now you use the 21EMA like Big E did in his old thread. In fact he used 21/233 Method and the 5-Method, both methods he derived from CHS's NFF and DM's Synergy. Follow his journey here in FF, learn everything that he posted and you will do well. Do you believe in The Power of 10EMA and the CONFLUENCE of Support & Resistance?
Whats POMO?

I use 21/50 EMA. Fundamentally - i'm not yet convinced about using any one EMA - i think in different market conditions, different EMAs are succesful. I merely use them as a guide for Long Term and Short Term Trend. Do you feel that 50 is to short a term to measure Long Term Trend - i could try 200.

I pegged the Support at the low as you indicated - was hoping it would travel to the previous high - heres too hoping.
  • #92,793
  • Jan 3, 2019 6:03pm Jan 3, 2019 6:03pm
Quoting emmanuel7788
{quote} POMO You have two versions of the TDI on you chart. Use the one fro Post#25 and trade like the OP did. My comments on you chart below. Big E was an aggressive trader and he used PA for his reversal entries from the NFF system. {image}
I actually missed that entry - I went for the bounce entry on the 5th Candle.

Thanks
  • #92,794
  • Jan 3, 2019 6:07pm Jan 3, 2019 6:07pm
Quoting AkronD
{quote} Where can we get this dashboard?

FAQs Frequently Asked Questions:

TMS Monitor

Pipware multi-charts


lookup these posts below.

Post#76,270 for the pipware tool

and

Post#193 for the TMS Monitor tool

setup your charts with those simple tools the way you want to see them and use them. save them as your own templates.

most important is you know the 5-Method and how to trade the 5-Method.

make sure you read those threads for more information how to set up the indicator (pipware) and the expert advisor(TMS Monitor).
if you have questions, post and ask in those threads and I'll try find time and help there.

Be warned: The TMS Monitor is an expert advisor and can be very CPU intensive. DO NOT select all pairs in the input parameter. Keep It Simple, just input those pairs you trade.
For optimum performance, I have only up to 20 pairs.
You should consider to select only the pairs you trade and input their symbol in the parameter.

Have fun and enjoy using all the TMS trading tools.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #92,795
  • Jan 3, 2019 7:06pm Jan 3, 2019 7:06pm
Quoting emmanuel7788
{quote} Happy New Year BS4! Good to start the trading business year with a goal. 5% every month is SMART goal and that comes with diligent work on your part. That can be achieved with very strict discipline following your own trading game plan. Anything between 2% and 10% is achievable when you follow your own plan and develop your own WINNING EDGE. Below are two of my live trading accounts results for 2018. One of my goals for 2018 was trading CONSISTENCY and the same simple goal for 2019. {image} {image} Good Trading in 2019. SMART acronym for:...
Love your enthusiasm. It's something you can't pay for. Thanks for your contribution. Im sure you're an inspiration to many. Those account summaries are amazing to look at. One is very consistently low but steady, the other very rocky and risk taking. Is it planned as such? (one to be steady and other to be aggressive?)
market is a device for transferring money from the impatient to the patient
  • #92,796
  • Edited Jan 4, 2019 12:32am Jan 3, 2019 11:35pm | Edited Jan 4, 2019 12:32am
Quoting AkronD
{quote} Quick Update: Closed out for -20 pips {image}
Not sure if the set up is right.
Also you mentioned you only trade the H1 chart.

See it as additional chart reading. Finding clues like Sherlock Holmes
- M15 TDI is showing down with strong angle
Based on that what is the change that H1 will follow M15?
- M15 Stoch is already showing down
- Look where is H1 Stoch.
Now Stoch can stay for a pretty long time above the 80 line
Something to take into consideration.
- Did you zoom on H1 you would have notice a very nice Resistance level at 0.989421 or 0.989031 (depending how you see S/R)
- What was the long term trend direction plus short term
No clear direction
- Look at the candle and wick (black oval)
3 doji's, maybe double top's?
- Hindsight show that: using Break even + spread would / could have locked in some profit.
That is why studying past entry's taken is so important. It reinforce clues that you missed.
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  • #92,797
  • Edited 12:57am Jan 4, 2019 12:11am | Edited 12:57am
Quoting Tekkies
{quote} Not sure if the set up is right. Also you mentioned you only trade the H1 chart. See it as additional chart reading. Finding clues like Sherlock Holmes - M15 TDI is showing down with strong angle Based on that what is the change that H1 will follow M15? - M15 Stoch is already showing down - Look where is H1 Stoch. Now Stoch can stay for a pretty long time above the 80 line Something to take into consideration. - Did you zoom on H1 you would have notice a very nice Resistance level at 0.989421 or 0.989031 (depending how you see S/R) - What...
It did travel for some time - i probably should have locked in a profit early.

So to confirm - Just before you enter the trade on H1 - you look at the M15 aswell - how do you do all this activity in time to ensure you dont miss out?
  • #92,798
  • Jan 4, 2019 12:46am Jan 4, 2019 12:46am
Quoting AkronD
{quote} Whats POMO? I use 21/50 EMA. Fundamentally - i'm not yet convinced about using any one EMA - i think in different market conditions, different EMAs are succesful. I merely use them as a guide for Long Term and Short Term Trend. Do you feel that 50 is to short a term to measure Long Term Trend - i could try 200. I pegged the Support at the low as you indicated - was hoping it would travel to the previous high - heres too hoping.

POMO my acronym for Post Mortem.

We should do POMO for all our trades - Wins and Losses, without any hindsight bias. This is one way to fine tune our entries and exits against our own written rules.

POMO and Back-testing are different.

Many of us use 10EMA, 50EMA and 200EMA when we trade and we look for CONFLUENCE of Previous Price Action PPA with these EMAs and also with price levels BRNs and RNs. Also pay attention to Day Open and Weekly Open as support and resistance.

Big E used the 5EMA Typical Price, Shift+3 to replace the PAC 5SMMA High-Low. You can replace that with 10EMA when you trade with Price Action and reversal bar/HA candle. There is very little difference between 5EMA and 10EMA.

In the case of you USDCHF trade, there was the Day Open Jan 03 and BRN, and with the 200EMA very close by.

We follow Big E trading journey starting in his old thread and develop our trading in the same way we learned from him.
You just need to write your own rules when you develop your own trading system using BIG E' 5-Method as the core trading methodology.

DISCIPLINE is key to achieve and maintain CONSISTENCY in trading performance and end results.


Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF Week 01 Jan 04 H1 POMO.png Size: 59 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #92,799
  • Jan 4, 2019 12:50am Jan 4, 2019 12:50am
Quoting AkronD
{quote} It did travel for some time - i probably should have locked in a profit early.

THV CaveManager would have done its job managing that trade for you with Capital Protection setting. That could have be BE+.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #92,800
  • Jan 4, 2019 12:54am Jan 4, 2019 12:54am
Quoting emmanuel7788
{quote} THV CaveManager would have done its job managing that trade for you with Capital Protection setting. That could have be BE+.
It went for 15+ pips - i would normally have trailled that - but it moved past my bed time as i'm trading in Sydney. Half the battle is trying to stay awake past 2 in the morning.
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