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Trading Made Simple

  • #104,341
  • May 20, 2020 6:23pm May 20, 2020 6:23pm
GBPUSD May 21 H4

start stalking this pair for sell trades, it is still early and D1 has some risks.

always trade with a Stop Loss.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD May 21 H4 Trend 2-8 W1 21-5-2020 9-16-13 am.png Size: 67 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #104,342
  • May 20, 2020 6:39pm May 20, 2020 6:39pm
TMS Monitor May 21 H4 6PM PDT (Tokyo session)

sometimes you do find good setups for certain pairs during Tokyo session opening.

if you can support these with good valid price action then you have a few winners.

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor May 21 H4 6PM PDT 21-5-2020 9-35-52 am.png Size: 36 KB


there is some activity around the 10EMA and 50EMA...

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD May 21 pipware W1 D1 H4 21-5-2020 9-39-38 am.png Size: 41 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #104,343
  • May 20, 2020 7:41pm May 20, 2020 7:41pm
Quoting emmanuel7788
{quote} because it is.
On what fact's are "Because" based?
  • #104,344
  • May 20, 2020 8:26pm May 20, 2020 8:26pm
Quoting jan.forex
{quote} Hi emmanuel, Thank you very much for all the information you are providing to us. Please can you explain the way the tpmultiplier/slmultiplier works? I set mine up as you have recommended but would like to know how it works?

about TPMultiplier and SLMultiplier

Hi

TMS_V19 uses the ATR(100) on the trading chart timeframe.

See these posts for more information.

Post#102,555
https://www.forexfactory.com/showthr...2#post12871402

and

Post#102,741
https://www.forexfactory.com/showthr...8#post12884558

the TP and SL are set by multiply the ATR values of that timeframe of your trading.

For example,

if the ATR(100) is 6 pips on M15,
the TP 5.0 x 6 pips would be 30pips (2.5R)
the initial SL would be 2.0 x 6 pips = 12 pips (1.0R)

the initial SL would be your trade risk "R" which you use to calculate your trade Position Size.

when your trade hit your TP, that would be 2.5R trade.

after 1,000 trades and with a 45% win rate,
how many R's would you have won? 450 x 2.5Rs = 1,125 Rs
and with 65% losses, you would have losses total = 650 Rs.

Do you believe Holy Grail system do exits?

read this {click to download}
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #104,345
  • May 20, 2020 9:31pm May 20, 2020 9:31pm
Quoting jan.forex
{quote} Hi emmanuel, Thank you very much for all the information you are providing to us. Please can you explain the way the tpmultiplier/slmultiplier works? I set mine up as you have recommended but would like to know how it works?

Quoting emmanuel7788
{quote} about TPMultiplier and SLMultiplier Hi TMS_V19 uses the ATR(100) on the trading chart timeframe. See these posts for more information. Post#102,555 https://www.forexfactory.com/showthr...2#post12871402 and Post#102,741 https://www.forexfactory.com/showthr...8#post12884558 the TP and SL are set by multiply the ATR values of that timeframe...

here is today trade example:

USDCAD May 21 M15

the ATR pip range is 9 pips
the SL is 18 pips
the TP is 45 pips

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD May 21 M15 TP SL example 21-5-2020 12-28-23 pm.png Size: 47 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #104,346
  • May 21, 2020 6:52am May 21, 2020 6:52am
It's so quiet in here... O_O
  • #104,347
  • May 21, 2020 6:59am May 21, 2020 6:59am
Quoting RamoBroGad
It's so quiet in here... O_O
Tekkies is not poking fun at Emmanuel.
  • #104,348
  • May 21, 2020 3:09pm May 21, 2020 3:09pm
Quoting RamoBroGad
It's so quiet in here... O_O

because #1 ... Tekkies beginning to realise,

Tekkies spends too much on his TDI and Stochastics, on his M15 & H1 V-lines, on his Renko with TDI, etc.
Tekkies did not spend enough time on Post#647 to learn Price Action, Support & Resistance and Market Consolidation.
Tekkies should spend more time on Money Management, Risk management for entries and exits.
Tekkies should learn to reduce his large number of BE trades, and How to Let Profits Run.
Tekkies will one day learn the OP said that he can trade his 5-Method without the TDI therefore the TDI was not in his WINNING EDGE equation.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #104,349
  • May 21, 2020 3:23pm May 21, 2020 3:23pm
Quoting Tekkies
{quote} Tekkies is not poking fun at Emmanuel.
because #2

your cheerleader ...'fake Dr.' took his sedative drug

but till that wears off
Attached Image
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #104,350
  • May 21, 2020 4:36pm May 21, 2020 4:36pm
Thanks a lot to the gentleman who invented this simple trading system. It perfectly fits in my way of trading.
  • #104,351
  • May 21, 2020 4:50pm May 21, 2020 4:50pm
Quoting emmanuel7788
{quote} because it is.
Quoting Tekkies
{quote} On what fact's are "Because" based?

because it is based on fact ... which is your historical data .
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #104,352
  • May 21, 2020 7:48pm May 21, 2020 7:48pm
Quoting emmanuel7788
{quote} {quote} because it is based on fact ... which is your historical data .
Post 104,304
well, the OP did not have a long enough trading history in this thread to show his trading results.
Post 104,308
BigE did not wanted to post his trading results.
#7577 Proof, proof, proof..... come on gang. .....................
Post 104,309
what lame excuse using this OP post ...
Post 104,311
Why do you say it is a lame excuse?
Post 104,338
because it is.
Post 104,345
On what fact's are "Because" based?
Post 104,353
because it is based on fact ... which is your historical data .
--------
Post 7,577 wriitten Jul 8, 2011 / Tekkies join FF 2015
-------
What BigE posted in the past has no bearing on what Tekkies does in the present.
-----
Let's try again: Why do you say it is a lame excuse?
  • #104,353
  • May 21, 2020 7:55pm May 21, 2020 7:55pm
Quoting Tekkies
{quote} Post 104,304 well, the OP did not have a long enough trading history in this thread to show his trading results. Post 104,308 BigE did not wanted to post his trading results. #7577 Proof, proof, proof..... come on gang. ..................... Post 104,309 what lame excuse using this OP post ... Post...
having sleepless night again?

Tekkies qrote:
-------
What BigE posted in the past has no bearing on what Tekkies does in the present.
-----
Let's try again: Why do you say it is a lame excuse?


my reply:
Let's try again: because it is .
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #104,354
  • May 21, 2020 7:59pm May 21, 2020 7:59pm
TMS_V19 M15 trades running ... Friday May 22 Tokyo session

Attached Image (click to enlarge)
Click to Enlarge Name: TMS_V19 M15 trades May 22 22-5-2020 10-57-11 am.png Size: 76 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #104,355
  • May 21, 2020 10:00pm May 21, 2020 10:00pm
Quoting emmanuel7788
{quote} because #1 ... Tekkies beginning to realise, Tekkies spends too much on his TDI and Stochastics, on his M15 & H1 V-lines, on his Renko with TDI, etc. Tekkies did not spend enough time on Post#647 to learn Price Action, Support & Resistance and Market Consolidation. Tekkies should spend more time on Money Management, Risk management for entries and exits. Tekkies should learn to reduce his large number of BE trades, and How to Let Profits Run. Tekkies will one day learn the OP said that he can trade his 5-Method without the TDI therefore...
Have notice you changed the wording of the poem. Not bad. Now try to get the words to rhyme at end of each sentence.
That last sentence does not read right.
"OP said that he can trade his 5-Method without the TDI therefore the TDI was not in his WINNING EDGE equation."

Reading that, the understanding will be that Tekkies no longer use TDI and whatever Tekkies is using currently is his WINNING EDGE equation.
Can you amend it please, you are confusing reader's.
= Tekkies does use TDI.

You are also wrong to say TDI does not have a "WINNING EDGE". (Sorry; TDI does have a "WINNING EDGE".)
Are you not the one that posted over the last five years that TDI is a useless laggard indicator and PRICE ACTION is the only way to trade.

It took a stupid simple expert with 20% <> 40% edge that use TDI with 45% edge to change what you are posting now for last couple of weeks.

Now Emmanuel, you can step up the game.
- Remove V_19.
- Trade from cross over to crossover.
- Remember BigE's words: A Normal entry is when green crosses red on the TDI (and you can actually see the green on the other side).

Now please don't say it is hindsight trading, your own chart with V_19 confirm what is posted below.
Attached Image (click to enlarge)
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  • #104,356
  • May 21, 2020 10:13pm May 21, 2020 10:13pm
TMS Monitor May 22 H4 10PM PDT

a few nice momentum shown by C-Slope to pick from. C-Slope above 5 is good and do not chase those extremes, and always check you own trading charts and know where the recent support and resistance are and if the market in in or near a consolidation zone Post#647. Beware of the Weekly pull back!

remember it is Friday and do not hold open trades over the weekend.
close by the next 2AM or the next 6AM candle if you are trading once every 4 hours

or

if you are monitoring you trades, in case the market moves in your favour and pulls back 15 to 20 pips, you close your trades the same way the OP Big E used to as one of his discretionary rules. He did not always follow his written rules in his Post#6 TDI for Entry and Exits.

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor May 22 H4 10PM PDT 22-5-2020 1-00-31 pm.png Size: 34 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #104,357
  • May 21, 2020 10:19pm May 21, 2020 10:19pm
Quoting Tekkies
{quote} Have notice you changed the wording of the poem. Not bad. Now try to get the words to rhyme at end of each sentence. That last sentence does not read right. "OP said that he can trade his 5-Method without the TDI therefore the TDI was not in his WINNING EDGE equation." Reading that, the understanding will be that Tekkies no longer use TDI and whatever Tekkies is using currently is his WINNING EDGE equation. Can you amend it please, you are confusing reader's. = Tekkies does use TDI. You are also wrong to say TDI does not have a "WINNING...

Tekkies

once again, you are confused as usual.

where did I say TMS_V19 has a 45% edge? you lied again to mislead people reading.

Big E did not trade from TDI crossover to crossover. He also did not care what the red line was doing all the time. If you trade from crossover to crossover, do that for 1,000 trades and you will know your own results.... your next margin call. Have you not learn from your 2017 XM account?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #104,358
  • May 21, 2020 10:31pm May 21, 2020 10:31pm
AUDUSD May 22 H4 10PM PDT

keep it simple: price action breaks two previous lows with momentum

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD May 22 H4 10PM 22-5-2020 1-29-05 pm.png Size: 48 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #104,359
  • May 21, 2020 10:36pm May 21, 2020 10:36pm
USDJPY May 22 M15 trade management using TMS_V19 CandleStickTrailingStop CSTSL

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY May 22 M15 CSTSL 22-5-2020 1-34-36 pm.png Size: 73 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #104,360
  • May 21, 2020 11:07pm May 21, 2020 11:07pm
Quoting emmanuel7788
{quote} Tekkies once again, you are confused as usual. where did I say TMS_V19 has a 45% edge? you lied again to mislead people reading. Big E did not trade from TDI crossover to crossover. He also did not care what the red line was doing all the time. If you trade from crossover to crossover, do that for 1,000 trades and you will know your own results.... your next margin call. Have you not learn from your 2017 XM account?
What?
Where did I post that?
Read what is posted: "It took a stupid simple expert with 20% <> 40% edge that use TDI with 45% edge "
Yep you got one thing right.
Red is only in the sub-window for one reason: Green must have something to cross.
In this case see the green on the other side of red
How do you always try to "win" an argument > "I know English is not your first language or "reading comprehension is low"

XM account?
Yes I did: Follow TDI and don't trade on assumptions.
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