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Trading Made Simple

  • #103,581
  • May 5, 2020 12:46pm May 5, 2020 12:46pm
KISS - I LIKE TO TRADE WHILE LISTENING to the following music ( always )

Inserted Video


Matsuri Kitaro ft Viva Girl 2011 Full HD 720p
  • #103,582
  • May 5, 2020 3:36pm May 5, 2020 3:36pm
Quoting wrenski
Wow....post number 3000! This thread is huge.
mmmm now what he may think
  • #103,583
  • May 5, 2020 5:44pm May 5, 2020 5:44pm
Hi guys!

Here is my future strategy. I hope I'm writing in the correct group.

I would like to use Renko bar (traditional, 10 pips/brick) + EMA 365 close for trade with major currency pairs.
First, I open the a position when the price cross (above-long, below-short) the EMA line. If the long/short trend is strong I just hold the position and wait for the huge profit. I can wait couple of months, it's fine.
When I open the position I would like to use 2-3 bricks for stop loss. Just in case.
I think this strategy can be very profitable in long term, because the trends can eliminate the small losses. What do you think?

(Btw, Im not a fluent speaker, so sorry about my English )

Ohhh. And what's my goal? Triple bigger yearly profit than the inflation (3-4%) in my county. So I need circa 10-15% profit/year. Thats it.

What do you think? Can I reach the goal with this strategy?
  • #103,584
  • May 5, 2020 6:37pm May 5, 2020 6:37pm
Quoting adam199105
Hi guys! Here is my future strategy. I hope I'm writing in the correct group. I would like to use Renko bar (traditional, 10 pips/brick) + EMA 365 close for trade with major currency pairs. First, I open the a position when the price cross (above-long, below-short) the EMA line. If the long/short trend is strong I just hold the position and wait for the huge profit. I can wait couple of months, it's fine. When I open the position I would like to use 2-3 bricks for stop loss. Just in case. I think this strategy can be very profitable in long...
Hi

your goal...
----------------
And what's my goal? Triple bigger yearly profit than the inflation (3-4%) in my county. So I need circa 10-15% profit/year. Thats it. What do you think? Can I reach the goal with this strategy?
-------------------
I think your goal is SMART ™. I LIKE!

SMART= Simple, Measureable, Achievable, Realistic, Time-based.



I also have a future strategy under live development testing now.
Trade a currency pool of several pairs using their composite price analysis.
No need to look at the market price of each pair. Just trade the strong vs the weak.
Attached Image (click to enlarge)
Click to Enlarge Name: Currency Trend Panel.png Size: 30 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #103,585
  • May 5, 2020 6:51pm May 5, 2020 6:51pm
Quoting johnsund
Am not understanding why it would violate the rules to use a TDI version that refreshes (Xaphod's TMS) or simply clicking the Refresh button. Seems to me that we are looking for the most accurate view of TDI at the time of entry. What it looked like at some point in the past is misleading. On an H4 chart for example, if we are halfway into the candle at 2 hours, why would we not want to view the then current angle of the TDI? TDI angle is one of the most critical factors to assess prior to order entry ///.
simple solution:

When you place a RSI(13) on your chart you will see the real-time (tick-by-tick) update of the price momentum based on the RSI(13) period. You look at the price action i..e. the price bar/candle and the HA candle body, and when the RSI(13) show the slope/angle you want, that's the real-time live market trading.

If you use the TDI Red Green from Post#25 used by the OP, it shows you the conditions of the previous H4 bar/candle Closed... it remains static until the current H4 bar/candle closes. The OP was right in using this original version of the TDI which he got from CompassFX in 2006. He wrote his trading rules based on this original version and he also has many discretionary rules when he would take a trade and when he would not take a trade. His trading times - 10PM, 2AM and 6AM H4 trading has worked for him in 2011 and still is working today after 9 years. I am confident this will continue to work the next 9 years on.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #103,586
  • May 5, 2020 6:54pm May 5, 2020 6:54pm
Quoting Happy-Trader
KISS - I LIKE TO TRADE WHILE LISTENING to the following music ( always ) https://youtu.be/l9msqbZYyKE Matsuri Kitaro ft Viva Girl 2011 Full HD 720p

I enjoy Kitaro music very much for many years.

Thank you!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #103,587
  • May 5, 2020 8:05pm May 5, 2020 8:05pm
Quoting emmanuel7788
{quote} I enjoy Kitaro music very much for many years. Thank you!
I KNOW
  • #103,588
  • May 5, 2020 11:00pm May 5, 2020 11:00pm
Quoting samobeast
emanuel every thing here is green but i dont feel good taking that trade as at resistance level u said price action is the king right but the EA would take the trade as all conditions are met or the conditions are more strong than that resistance level what should i follow {image}
Quoting emmanuel7788
{quote} hi samobeast First, your Expert Advisor is not activated. I don't see that smiley face. Second, TMS_V19 will check the indicators if the 5-Method rules mentioned in Post#261 are detected instantaneously at each price tick and based on you own selection input in the EA settings. Even when your H1 technical conditions are all green, that is not enough for the EA to execute a trade. You can decide based on your own discretionary decision the way Big E did. See my Post#103,393....
Once you have mastered the 5-Method, taking any trade would be a breeze. Use the tools to help you. Learn each and every TMS trading tool developed by experienced traders over the years between 2010 and 2015, and make use of the information which the tools provide you and you make those discretionary decision like how the OP used to.... i.e. having the patience like 'Job and Moses' and pick only the best setups

Some examples below:
I look at the various information provided by TMV_V19.
- the basic 5-Method information following Post#261 - the HA Price Action above/below its 5EMA, the Stoch, the TDI minimum slope value 4.
- the Trend 2/8 D1 (this closely resembles the use of the Synergy PAC 5SMMA High-Low)
- the Synergy TDI trading model (the JMtdi as described in the Manual)
- the HA candle patterns - pattern#2 and pattern#3 are most common recurring.
- also support & resistance trendlines breakouts

EURUSD

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD May 06 D1 sell entry 6-5-2020 11-44-04 am.png Size: 64 KB


USDCHF

Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF May 06 D1 buy entry 6-5-2020 11-44-44 am.png Size: 65 KB


GBPJPY

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY May 06 D1 sell entry 6-5-2020 11-45-27 am.png Size: 63 KB


Hope the above is helpful and help you win more trades by trading less often.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #103,589
  • May 6, 2020 12:05am May 6, 2020 12:05am
TMS Monitor May 06 H4 10PM

Looking at the TDI P-Slope, mostly flat with 0 and 1 values

C-Slope also not any one with slope above 4.

only AUDJPY H4 has P-Slope = 1, C-Slope = 4

check the AUDJPY chart and see if there is a good setup.

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor May 06 10PM H4 candle 6-5-2020 1-00-46 pm.png Size: 34 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #103,590
  • May 6, 2020 12:14am May 6, 2020 12:14am
AUDJPY TMS_V19 information for TMS 5-Method

- looking at Trend 2/8 H4, it is bearish
- Stoch is flat ... no cross
- TDI below 50-level, below MBL, slope is ideal
- PA, small HA candle and price bar is an Inside Bar ... consolidation
- HA candles PA below 5EMA

Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY May 06 H4 10PM candle 6-5-2020 1-06-55 pm.png Size: 58 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #103,591
  • May 6, 2020 12:36am May 6, 2020 12:36am
GBPCAD May 06 H4 - Example

Price Action breakout trading using TMS_V19
we see a H4 Inside Bar .. and we trade the Mother Bar breakout of the Inside Bar following the Trend 2/8 and the PA of the HA candles below its 5EMA.

TMS_V19 will draw the Sell TrendLine for you and you just need to select and move that Sell TL to where you want the trade to be executed.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPCAD May 06 H4 Inside Bar Sell TL 6-5-2020 1-29-04 pm.png Size: 78 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #103,592
  • May 6, 2020 1:30am May 6, 2020 1:30am
Looking at what get's posted it is understandable why old timers left.

David you are flooding this thread with post's that won't change the mindset of member's. Rather just post what you trade and the reader's can decide whether what BigE has posted vs Emmanuel Confusment currently posting / Happy Trader has any merit.
Attached Image (click to enlarge)
Click to Enlarge Name: robSA.PNG Size: 104 KB
  • #103,593
  • May 6, 2020 1:34am May 6, 2020 1:34am
Quoting emmanuel7788
{quote} {quote} Once you have mastered the 5-Method, taking any trade would be a breeze. Use the tools to help you. Learn each and every TMS trading tool developed by experienced traders over the years between 2010 and 2015, and make use of the information which the tools provide you and you make those discretionary decision like how the OP used to.... i.e. having the patience like 'Job and Moses' and pick only the best setups Some examples below: I look at the various information provided by TMV_V19. - the basic 5-Method information following Post#261...

EURUSD May 06 M5 CandleStickTrailingStop activated and working ....


now trade with profit locked and it is a free trade now.

let the market decided the final TP ....
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD May 06 M5 CSTSL move1 6-5-2020 2-30-32 pm.png Size: 53 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #103,594
  • May 6, 2020 3:47am May 6, 2020 3:47am
Were you able to catch a ride on the GBPUSD? Here it is at the H16 station, a clear 1-2-3 with a sell of the 3 down continuation.
I hopped on at the M32 station as the uptown train returned.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 37 KB
To free Gazans of Hamas, use whatever it takes.
  • #103,595
  • May 6, 2020 3:59am May 6, 2020 3:59am
Can only wonder why members post this:
- "Trade closed +13 pips
- M5 trade closed +15 pips stopped out"
- WOW! 5 trades over 7 days ...3500 pips

You have to wonder what is the big deal, we all basically achieve the same amount of pips on a daily base.
Attached Image (click to enlarge)
Click to Enlarge Name: profitkjk.png Size: 14 KB
  • #103,596
  • May 6, 2020 4:05am May 6, 2020 4:05am
Quoting DrDave
Were you able to catch a ride on the GBPUSD? Here it is at the H16 station, a clear 1-2-3 with a sell of the 3 down continuation. I hopped on at the M32 station as the uptown train returned. {image}
Taking the ride down with GBPJPY. Image above right side.
Have closed EURUSD when TDI green hooked up.
Attached Image
  • #103,597
  • May 6, 2020 4:22am May 6, 2020 4:22am
GBPUSD at the M4 station. Some riders have hopped off for profit. But the little rally has not propagated to the M8, so I am looking to sell more when M4 confirmed it has left the station and headed downtown again.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 31 KB
To free Gazans of Hamas, use whatever it takes.
  • #103,598
  • May 6, 2020 4:39am May 6, 2020 4:39am
Quoting DrDave
GBPUSD at the M4 station. Some riders have hopped off for profit. But the little rally has not propagated to the M8, so I am looking to sell more when M4 confirmed it has left the station and headed downtown again. {image}
Heading downtown?
Don't think so.
Look left on M15 at 21 - 27 Aug. That support line (price is now) is still alive and is making the current bar's small.
Attached Image (click to enlarge)
Click to Enlarge Name: supportrd.PNG Size: 72 KB
  • #103,599
  • May 6, 2020 4:40am May 6, 2020 4:40am
Quoting emmanuel7788
TMS Monitor May 06 H4 10PM Looking at the TDI P-Slope, mostly flat with 0 and 1 values C-Slope also not any one with slope above 4. only AUDJPY H4 has P-Slope = 1, C-Slope = 4 check the AUDJPY chart and see if there is a good setup. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor May 06 10PM H4 candle 6-5-2020 1-00-46 pm.png Size: 34 KB


TMS Monitor May 06 2AM H4 alerts signals

when 10PM H4 was quiet, 2AM burst with lots of trade signals

just pick the one where the TDI C-Slope is above 4 threshold, the bigger the number the better ... then check you H4 TMS charts template.

GBPUSD C-Slope is 10
Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor May 06 2Am H4 candle 6-5-2020 5-30-45 pm.png Size: 33 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #103,600
  • May 6, 2020 4:45am May 6, 2020 4:45am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 12 KB


if the real value is greater then the eu will go south, but it will not be so low as this big figure, so the eu will go up - be ready to ride the wave of eu to the 1.1 or 1.2
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