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Trading Made Simple

  • #96,621
  • Jun 14, 2019 7:23am Jun 14, 2019 7:23am
I have some ideas... for today and next week...
Currently I am Long with EURUSD....

I am making them simple... levels, divergences and fibo if possible...

Ideas?
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  • #96,622
  • Edited 7:47am Jun 14, 2019 7:27am | Edited 7:47am
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...

TDI M15 crosses

You can reduce the number of M15 crosses by using another moving average added to the TDI. Do Not treat the crosses as signals. Look at the price action for momentum.

Big E posted links to TDI videos in his old thread. Follow the long list of videos and there is one video on how to add a moving average to the TDI. That TDI version is realtime so you must wait for the bar/candle to close and see the updated condition.

https://www.forexfactory.com/showthr...29#post4510029

better watch all this videos there becasue it will be just a matter of time when they will all be gone... just like the Natural Flow Forex system videos by Craig Harris.
You all will miss learning all the things Big E learned in 2006 till 2010... he spend 6,000 hours and most of his hours are watching videos, attending seminars, workshops, tweaking systems, blending indicators into other systems, etc.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #96,623
  • Jun 14, 2019 7:27am Jun 14, 2019 7:27am
Quoting emmanuel7788
{quote} AUDCAD Jun 14 NY Open H1 RSI Price Line Angle is good momentum zone ... 'buy zone' forget about the subjective visual clock 12-2... but the market is sideways with that H1 Master Candle. risk resistance at above PA. {image}
What is this indicator name?.,thanks sir.
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  • #96,624
  • Jun 14, 2019 7:43am Jun 14, 2019 7:43am
Have closed this trade for about 35 pips profit. Good luck to those who continue to hold...
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Vincit qui se vincit.
  • #96,625
  • Jun 14, 2019 7:46am Jun 14, 2019 7:46am
Quoting Pippopotamus
Have closed this trade for about 35 pips profit. Good luck to those who continue to hold... {image}
good profit.

My average entry price is 1.1304 and I am holding over this weekend....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #96,626
  • Jun 14, 2019 7:49am Jun 14, 2019 7:49am
Quoting catuman37350
I have some ideas... for today and next week... Currently I am Long with EURUSD.... I am making them simple... levels, divergences and fibo if possible... Ideas? {image} {image} {image} {image}

Nice .. another RSI(10) only trader.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #96,627
  • Jun 14, 2019 7:56am Jun 14, 2019 7:56am
Well guys, we weren't lucky: EURUSD missed our entry point by 5 pips and then dropped 35+ in no time.

I'm removing the order for now.

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It's not over, until I win.
  • #96,628
  • Jun 14, 2019 7:57am Jun 14, 2019 7:57am
AUDCAD Jun 14 h1 NYO reversal ...

do you have another trade plan for this?

4 minutes to NYO H1 close
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #96,629
  • Jun 14, 2019 8:03am Jun 14, 2019 8:03am
Quoting emmanuel7788
{quote} AUDCAD Jun 14 NY Open H1 RSI Price Line Angle is good momentum zone ... 'buy zone' forget about the subjective visual clock 12-2... but the market is sideways with that H1 Master Candle. risk resistance at above PA. {image}

AUDCAD Jun 14 H1 NYO reversal ...

do you have another trade plan for this?

4 minutes to NYO H1 close

Now we see a good reversal candle... better RSI prie Line angle too.

breakout of the H1 Master Candle,

follow the established trend,

several xxxCAD pairs falling,

RISK: Previous Day Swing Low

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #96,630
  • Jun 14, 2019 8:38am Jun 14, 2019 8:38am
Quoting ItaTrader93
Well guys, we weren't lucky: EURUSD missed our entry point by 5 pips and then dropped 35+ in no time. I'm removing the order for now. {image}

there were 3 other Price Action + Support based entries possible .
- 3 bars swing reversal candle
- 5 bars swing reversal candle
- Inside Bar/Mother Bar breakout

all three have momentum RSI Price Line confirmation
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #96,631
  • Jun 14, 2019 8:55am Jun 14, 2019 8:55am
Quoting emmanuel7788
{quote} good profit. My average entry price is 1.1304 and I am holding over this weekend....
My main model gave a signal at 1.1306. Sell Stop at 1.1296, and that is my entry.Trade remains open in live acct., but won't hold over the weekend.
Vincit qui se vincit.
  • #96,632
  • Jun 14, 2019 10:27am Jun 14, 2019 10:27am
DE30 Jun 14

Today must have been easy for H1 closed TDI cross down traders when 0700 candle closed... M15 fell ...

hindsight trading is 20/20.

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London closing soon... time to hit the pub.

Have a good one.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #96,633
  • Jun 14, 2019 10:35am Jun 14, 2019 10:35am
Quoting realjumper
{quote} Seeing as you asked so nicely...here is a mid Frankie momentum trade just closed. Not my favourite time to enter a trade, but Trend is down across all TF's, so a quick trade is in order. I'm not going to post too many charts as I don't use TMS, but just to be charitable! {image}

And here's the last 2 trades of the day...EJ and GJ. My target for GJ was +40, but it's 3.30am Saturday morning here, so I closed early as I don't want trades open over night or over weekends. So +63 since Frankie is ok for a Friday.

A word to the wise.....spend less time reading crap on FF, especially crap from people with no lives outside of FF, and more time....much more time, on your charts, because that is where the answer lays!

I won't post any more charts because they are not TMS method, and as such are Off Topic for this thread. I just posted today to make a point. Have a good weekend all.

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Doing what you like is Freedom. Liking what you do is Happiness.
  • #96,634
  • Jun 14, 2019 10:40am Jun 14, 2019 10:40am
Quoting emmanuel7788
{quote} AUDCAD Jun 14 H1 NYO reversal ... do you have another trade plan for this? 4 minutes to NYO H1 close Now we see a good reversal candle... better RSI prie Line angle too. breakout of the H1 Master Candle, follow the established trend, several xxxCAD pairs falling, RISK: Previous Day Swing Low {image}

AUDCAD Jun 14 H1

no matter what the RSI Price Line shows good angle, the RSI Trade Signal Line and 5EMA are flat... useless to trade... in such market conditions. No wonder Big would not trade H4 on Fridays.

Big E once said, if the 5EMA shows the same angle as the RSI Green Price Line , that would be a bonus. He was right.... but that kind of price condition does not happen often.
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #96,635
  • Jun 14, 2019 10:43am Jun 14, 2019 10:43am
Quoting realjumper
{quote} And here's the last 2 trades of the day...EJ and GJ. My target for GJ was +40, but it's 3.30am Saturday morning here, so I closed early as I don't want trades open over night or over weekends. So +63 since Frankie is ok for a Friday. A word to the wise.....spend less time reading crap on FF, especially crap from people with no lives outside of FF, and more time....much more time, on your charts, because that is where the answer lays! I won't post any more charts because they are not TMS method, and as such are Off Topic for this thread....

Today was easy day for some JPY pairs...

so cherry pick only the best days to trade M15 like today.

lots of M15 alerts , pick any pair any time sure make money.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #96,636
  • Jun 14, 2019 10:46am Jun 14, 2019 10:46am
Quoting emmanuel7788
{quote} TDI M15 crosses You can reduce the number of M15 crosses by using another moving average added to the TDI. Do Not treat the crosses as signals. Look at the price action for momentum. Big E posted links to TDI videos in his old thread. Follow the long list of videos and there is one video on how to add a moving average to the TDI. That TDI version is realtime so you must wait for the bar/candle to close and see the updated condition. https://www.forexfactory.com/showthr...29#post4510029 better watch all this videos...
Thanks I thought the version from post 25 isn’t real-time as there is another around here called TDI RT.

i think the one from Post 25 is just fine, i always wait for a candle to close when there is a crossover and enter with the open of the next candle if it’s still looking good at that point.

Regarding adding another moving average to the TDI to get less signals I am not sure about but will look at this.

Actually it’s no problem for me to check each M15 signal I receive. But I would like to have some pre- filtering done for those signals really not even worth while looking, something like

- Higher time frames PA not in the same direction (do not even alert me)
- check if the M15 is sideways or trending (this would be great as I feel overwhelmed with that in many cases, so TDI would only give alerts for me for cross overs in the right „market structure“)
- check if stochastic is in alignment (otherwise don’t give any alert)

The only other idea I would have is adding a 200 ema and only take trades buy (if price is over it) short (if below it) to give less signals and maybe higher chance of success as I don’t take a setup against the trend.
  • #96,637
  • Jun 14, 2019 11:11am Jun 14, 2019 11:11am
live trading: buy usdjpy in h4 @108.455

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  • #96,638
  • Jun 14, 2019 11:43am Jun 14, 2019 11:43am
Quoting emmanuel7788
{quote} Today was an easy day for some JPY pairs... so cherry pick only the best days to trade M15 like today. lots of M15 alerts, pick any pair any time sure make money. {image} {image}

Hi Emmanuel,

I am following your posts and view all your views and outlook. I too use tdi but some time I miss the trade on another time frame. Today I show your posts where all multi-time frame indicators TDI on one chart. would appreciate if you can provide the same as per your post for small traders like me to do the better trading.

Thanks in advance.

Happy trading.

Paresh shah.
  • #96,639
  • Jun 14, 2019 12:21pm Jun 14, 2019 12:21pm
Quoting amiralifx
live trading: buy usdjpy in h4 @108.455 {image}

i closed my trade with +13 pips. because the market will close.

good luck
  • #96,640
  • Jun 14, 2019 1:09pm Jun 14, 2019 1:09pm
Hello, good traders am so grateful to all great traders who have managed to teach us how to use the TMS. I have used TMS for a week now but its the only week i have managed to be profitable in the last three months.
I hope Big E RIP and i will forever be his student for life.
Best regard.
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