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Trading Made Simple

  • #96,561
  • Jun 13, 2019 8:33am Jun 13, 2019 8:33am
Quoting ItaTrader93
{quote} It is, working


when it works, then you are in the stage of Unconscious Competence ..
now you repeat what you have done and remain in that level.

Attached Image
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #96,562
  • Jun 13, 2019 8:34am Jun 13, 2019 8:34am
Have taken another trade, late by about 16 pips, and a few candles... We'll see.
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Vincit qui se vincit.
  • #96,563
  • Jun 13, 2019 8:36am Jun 13, 2019 8:36am
Quoting hikaru259
Hi all, I wanna share my idea on EURUSD, do you find it interesting? {image} {image} {image}

Hi Hikaru

yes, it is interesting and some comments I wrote on your charts,

that BEEB/BEOB is good. You will notice that Bar Pattern will usually show good RSI Price Line angle.

Big E removed the VB and he removed one of the useful features in using the VB.

Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #96,564
  • Jun 13, 2019 8:40am Jun 13, 2019 8:40am
Memo to my self: Stop re-visiting the TMS thread.

Every new day a shit load of new posts simply giving no information than fucking my head again.

Going to unsubscribe from now on, maybe saying hello from time to time if there is time or I need to ask a specific question.
  • #96,565
  • Jun 13, 2019 8:41am Jun 13, 2019 8:41am
Quoting emmanuel7788
{quote} when it works, then you are in the stage of Unconscious Competence .. now you repeat what you have done and remain in that level. {image}

Yeah, that sounds right.

I'm actually working on my mental and emotional side, they make all the difference in the world.
It's not over, until I win.
  • #96,566
  • Jun 13, 2019 8:42am Jun 13, 2019 8:42am
Attached Image (click to enlarge)
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We obey the structure that results from the market's reaction
  • #96,567
  • Jun 13, 2019 8:46am Jun 13, 2019 8:46am
Quoting Pippopotamus
Have taken another trade, late by about 16 pips, and a few candles... We'll see. {image}

Hi Pippopotamus

Good trade.

I notice your TMS OSC indicator RSI Price Line PL and the Trade Signal Line TSL running down in the same direction... not touching but good angle.

If Price breaks away lower with stronger momentum, that PL will move with more distance away from the TSL.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #96,568
  • Jun 13, 2019 8:53am Jun 13, 2019 8:53am
Quoting lddd
Memo to my self: Stop re-visiting the TMS thread. Every new day a shit load of new posts simply giving no information than fucking my head again. Going to unsubscribe from now on, maybe saying hello from time to time if there is time or I need to ask a specific question.

why not post some charts and we can discuss using your charts?

Reading others post may not help your learn fast. You cant read their minds and their thoughts. Better to ask questions and learn from their answers.

I know the mudslinging puts people off but that happens in public forums and it wont stop in this thread. We just need to separate the noise from the trading discussions.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #96,569
  • Jun 13, 2019 8:59am Jun 13, 2019 8:59am
Quoting ItaTrader93
{quote} Gut feeling about Price Action from 5 years experience.
Looks to me like 50% fib retracement where you consider new LL to be part of it
  • #96,570
  • Jun 13, 2019 9:06am Jun 13, 2019 9:06am
Quoting emmanuel7788
{quote} Hi Pippopotamus Good trade. I notice your TMS OSC indicator RSI Price Line PL and the Trade Signal Line TSL running down in the same direction... not touching but good angle. If Price breaks away lower with stronger momentum, that PL will move with more distance away from the TSL.
In my live acct. I made a proper entry. Don't recommend taking late entries. I am in here in demo with a very small position. Trade is attractive considering next verified support is very distant. Some turbulence near 1.1240s, but trade will be near B/E by then. I am making a few trades in this thread to see what kind of critique my trading style might elicit.
Vincit qui se vincit.
  • #96,571
  • Jun 13, 2019 10:06am Jun 13, 2019 10:06am
Quoting Pippopotamus
{quote} In my live acct. I made a proper entry. Don't recommend taking late entries. I am in here in demo with a very small position. Trade is attractive considering next verified support is very distant. Some turbulence near 1.1240s, but trade will be near B/E by then. I am making a few trades in this thread to see what kind of critique my trading style might elicit.
Few question's:
- Do you need the info CaveManager is displaying on chart at all time?
- Do you trade by news event's?
- Does the news really have a effect on the H4 time frame and the trades you have placed?
- Do you really need to know what are the times zones in other country's at all time?
- Which indicator has the "finale" say in placing a order?
TDI, RSI, ATR
- What purpose does the channel (that dubbel dotted line) or 5EMA (not sure) have when they basical give the same information?
- Do you use the TDI arrow?
- Does it help you to have the price enlarger (top right corner)
- Spread is nice to know but all the time?
----------------
Don't need to replay a post. When you question yourself and the answer is " I don't really need it" or "no" or "Why is it on my chart" or "how did that got on my chart" or.................
Remove redundant indicator information from chart. Trading will became a little more simpler.
  • #96,572
  • Jun 13, 2019 10:34am Jun 13, 2019 10:34am
Quoting Tekkies
{quote} Few question's: - Do you need the info CaveManager is displaying on chart at all time? - Do you trade by news event's? - Does the news really have a effect on the H4 time frame and the trades you have placed? - Do you really need to know what are the times zones in other country's at all time? - Which indicator has the "finale" say in placing a order? TDI, RSI, ATR - What purpose does the channel (that dubbel dotted line) or 5EMA (not sure) have when they basical give the same information? - Do you use the TDI arrow? - Does it help you to...
No, no,at times,no, none. The channel, as was referred to in my posts is the Keltner bands indicator. 5 pd. SMA typical, shift 2. They do not give the same basic information. Just as a heads-up. No. Why not?
Vincit qui se vincit.
  • #96,573
  • Jun 13, 2019 10:34am Jun 13, 2019 10:34am
K@Tekkies

which one of the TDI indicators your are using, the one from post #25?

I wonder because the far right end of this indicator repaints and I see some of your entries you didn’t wait to the entry candle to close so TDI can update.

Also i noticed for me it doesn’t always update automatically even after a the candle close, I will have to manually refresh my M15 chart to get the TDI lines update.

Another question would be

Due to quiet high amounts of entry signals (crossovers of red/green) on M15.

Do you always check for every signal for e.g if using some automatic alert functionality for a cross over before you start doing any further analyses?

Or do you first check the chart by the start of your trading day before Frankfurt/London open to get a first overview of what Price was/is doing at this point and if so on what timeframe you look here.

I ask this because i noticed if checking the chart on every M15 crossover its quiet a lot of work to check every time (all other rules included) to declare a possible setup as a valid entry and push the button.
  • #96,574
  • Jun 13, 2019 10:44am Jun 13, 2019 10:44am
Quoting kirinda
{quote} Looks to me like 50% fib retracement where you consider new LL to be part of it
I don't look at Fibs even tough I used to. It migh seems because I trade with a RR of 1,1, so sometimes my entries fall in the nearby of 50% retracement of a given swing.



ABOUT THE GBPJPY SHORT TRADE: I moved SL to BE right now. TG still the same.
It's not over, until I win.
  • #96,575
  • Jun 13, 2019 10:53am Jun 13, 2019 10:53am
good afternoon!! I liked the strategy and would like to know what is the updated template for me to start operating this strategy,
  • #96,576
  • Jun 13, 2019 1:01pm Jun 13, 2019 1:01pm
GOLD

I can see the Gold reaching the labeled area tomorrow.

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It's not over, until I win.
  • #96,577
  • Jun 13, 2019 1:01pm Jun 13, 2019 1:01pm
Hi,
Here is an update to yesterday's entries on daily mainframe.
All comments are welcome.
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  • #96,578
  • Jun 13, 2019 1:04pm Jun 13, 2019 1:04pm
EURUSD Daily

Do you recommend to short now or wait new candle?
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  • #96,579
  • Edited 2:34pm Jun 13, 2019 2:14pm | Edited 2:34pm
Quoting Yasser.fx
EURUSD Daily Do you recommend to short now or wait new candle? {image}
Why are you asking?
The moment Price have crossed the 5EMA the trade should have been placed.
- Unless the TDI arrow is repainting you have a "double" conformation already.
(Not a good arrow to go by. missed a few crossover's (more or less) 30 Jan, 29 April, 12 May, 20 May)
Some more points from post#647:
- Green angle below 4 (more like below 5)
Have already started to angle down two days ago.
- Below Resistance
- Long red bars
- Wick at top of bar (next to red arrow) below aswell. Seller / Buyers do not know what to do.
- Already below 5EMA
- Stoch has confirmed with a weak direction. (not part of TMS (have crossed over)
- With the long term trend (Look from left to right on the chart the overall direction is down)
- In a short term trend (The beginning of a new long term trend inside the overall direction? would not know)
- Not in consolidation or breaking out of one.

Learn to follow the TDI crossover. Your trade's can be like this chart below.
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  • #96,580
  • Jun 13, 2019 2:37pm Jun 13, 2019 2:37pm
Quoting lddd
K@Tekkies which one of the TDI indicators your are using, the one from post #25? I wonder because the far right end of this indicator repaints and I see some of your entries you didn’t wait to the entry candle to close so TDI can update. Also i noticed for me it doesn’t always update automatically even after a the candle close, I will have to manually refresh my M15 chart to get the TDI lines update. Another question would be Due to quiet high amounts of entry signals (crossovers of red/green) on M15. Do you always check for every signal for e.g...
Iddd
You have all ready asked those questions and they have been answered all ready.
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