Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Trading Made Simple the right way, and other trading lessons 334 replies

Monitor for 'Trading Made Simple' system 563 replies

Indicators for the 'Trading Made Simple' system 343 replies

MTF Indicators for the 'Trading Made Simple' system 241 replies

Trading Made Simple system follower - Thanks to eelfranz 9 replies

Attachments: Trading Made Simple
Exit Attachments

Trading Made Simple

Thanks, @emmanuel7788

@Sesamstrasse I am using TradingView for charting and mt4 for order management. But I don't know how to read order flow and liquidity yet, is that something like level 2 data ?
Power is not will, it is the phenomenon of making things happen
ok i added this on my chart. is it correct ? thanks
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 92 KB
Quoting pointlessfor
ok i added this on my chart. is it correct ? thanks {image}

obviously your did not install that TMs_V19 EA correctly. the EA is not running ... no smiley face

the TDI H1 Slope should not be showing 0.0

Attached Image (click to enlarge)
Click to Enlarge Name: pointlessfor chart 3-6-2020 6-01-34 pm.png Size: 136 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
look now mate . and i have less options than yours.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 96 KB
Two H4 10PM PDT trades.

EURUSD Jun 03 H4
a little slow moving ... not chance to BE yet.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Jun 03 H4 10PM trade 3-6-2020 5-56-30 pm.png Size: 57 KB


AUDNZd Jun 03 H4

nicer move lower, so I manage by moving stop to trail behind each candle high.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD Jun 03 H4 10PM trade 3-6-2020 5-55-32 pm.png Size: 58 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Two setups with TDI Slope but risky counter - the Trend 2/8 Daily.


EURAUD Jun 03 H4 2AM PDT

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD Jun 03 H4 3-6-2020 5-50-43 pm.png Size: 78 KB


GBPAUD June 03 H4 2AM PDT

Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUD Jun 03 H4 3-6-2020 5-50-19 pm.png Size: 72 KB



pay more attention to the GBPAUD pair as the TDI VB is expanding and the green re-enter the VB.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Quoting eelfranz
U/JPY 4hr... Dead in the water... PA & TDI flat... {image}
Hi guys! Ive started reading the thread and Ive ran into many PA. Whats PA stands for? Thank you
PA = Price action.
Quoting emmanuel7788
{quote} so you want to start in the fast lane 1 minute price momentum ... go to this thread and learn something https://www.forexfactory.com/showthread.php?t=582121 then this https://forum.ampglobal.com/hc/en-us...r-Live-Trading you will better chance to money than in retail spot forex.
First, this is an OPINION--no data given to support that being factual.

Second. he has no way of knowing if YOUR results will be better trading indices or Forex. His OPINION suggests that HE has better results when trading indices that when trading spot Forex. HIS results are not indicative of YOUR results.
To free Gazans of Hamas, use whatever it takes.
Quoting pointlessfor
ok i added this on my chart. is it correct ? thanks {image}
Why don't you open a thread like "Setting Up TMS_V19 EA for use with TMS" and eliminate the EA postings that clutter this thread?
To free Gazans of Hamas, use whatever it takes.
Quoting juliojapan
{quote} Hi guys! Ive started reading the thread and Ive ran into many PA. Whats PA stands for? Thank you
Maybe you should go here and then after you finish, return to this thread.
To free Gazans of Hamas, use whatever it takes.
Quoting juliojapan
{quote} Hi guys! Ive started reading the thread and Ive ran into many PA. Whats PA stands for? Thank you
Quoting streetcry
PA = Price action.


Quoting eelfranz
U/JPY 4hr... Dead in the water... PA & TDI flat... {image}
"Dead in the water..." Stoch, TDI in oversold region.

PA is HA candles.

5EMA is direction, 5EMA flat also mean sideways direction
Attached Image (click to enlarge)
Click to Enlarge Name: Big E #526.png Size: 299 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
GBPUSD Jun 03 M15 NY Open

basic TMS 5-Method

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Jun 03 M15 NY open 3-6-2020 8-38-02 pm.png Size: 51 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Quoting emmanuel7788
{quote} {quote} {quote} "Dead in the water..." Stoch, TDI in oversold region. PA is HA candles. 5EMA is direction, 5EMA flat also mean sideways direction {image}
More bad information:
Stoch, TDI in oversold region. This has no connection with "Dead in the water..." or "sideways direction". Anyone that understands the calculations for stochastics and what is represented would never reach such a conclusion.
To free Gazans of Hamas, use whatever it takes.
Quoting DrDave
{quote} Maybe you should go here and then after you finish, return to this thread.
Thank you, I going to do it rn
Quoting emmanuel7788
GBPUSD Jun 03 M15 NY Open basic TMS 5-Method {image}
Buying M15 when H1 and H2 are down rarely leads to profit.
To free Gazans of Hamas, use whatever it takes.
The 5 Fundamental Truths of Trading by Mark Douglas

1. Anything can happen.

2. You don’t need to know what is going to happen next to make money.

3. There is a random distribution between wins and losses for any given set of
variables that define an edge.

4. An edge is nothing more than an indication of a higher probability of one thing
happening over another.

5. Every moment in the market is unique.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Does anyone here use a good money management script or system they can share to work out lot sizes against risk %?
Quoting emmanuel7788
The 5 Fundamental Truths of Trading by Mark Douglas
1. Anything can happen.
Of course. That is one reason why you need to find an edge.

Quoting emmanuel7788
The 5 Fundamental Truths of Trading by Mark Douglas
2. You don’t need to know what is going to happen next to make money.
Then why not, "You don’t need to know what is going to happen next to lose money."?

Quoting emmanuel7788
The 5 Fundamental Truths of Trading by Mark Douglas
3. There is a random distribution between wins and losses for any given set of variables that define an edge.
Did he give some data or statistical analysis to prove this, or this this just his opinion? Until I see some data, it must be labeled as opinion.

Quoting emmanuel7788
The 5 Fundamental Truths of Trading by Mark Douglas
4. An edge is nothing more than an indication of a higher probability of one thing happening over another.

Quoting emmanuel7788
The 5 Fundamental Truths of Trading by Mark Douglas
5. Every moment in the market is unique.
Of course it is. We rarely are interested in a single moment. But Truth 4 is a subtle indication that very SIMILAR things occur. So when we "string together" several unique moments, we can find similar strings of unique moments that lead to an edge.
To free Gazans of Hamas, use whatever it takes.
Quoting DrDave
{quote} Of course. That is one reason why you need to find an edge. {quote} Then why not, "You don’t need to know what is going to happen next to lose money."? {quote} Did he give some data or statistical analysis to prove this, or this this just his opinion? Until I see some data, it must be labeled as opinion. {quote} {quote} Of course it is. We rarely are interested in a single moment. But Truth 4 is a subtle indication that very SIMILAR things occur. So when we "string together" several unique moments, we can find similar...
Nice points, Thinking about all this I came to an understanding that I am overthinking about what the market is. The whole point of this thread is to keep it simple, I will have to put a stick note on my monitor. thanks, everyone for your contribution.
Power is not will, it is the phenomenon of making things happen
12 traders viewing now, 1 is a member:
havenoidea