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Monitor for 'Trading Made Simple' system 565 replies

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

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

Trading Made Simple system follower - Thanks to eelfranz 9 replies

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Trading Made Simple

  • #110,181
  • Oct 26, 2020 12:46pm Oct 26, 2020 12:46pm
Laughter is the Best Medicine ...

Attached Image
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #110,182
  • Oct 26, 2020 12:51pm Oct 26, 2020 12:51pm
EURUSD Oct 26

- today' closed trades
- TIMING sell entries on M15
- let THV CaveManager EA trade manager manage perform several trading tasks for me

- manage the the trade exit strategy and take profit TP1, TP2 , TP3, etc.

- moves initial stop loss

- move trailing stop using CandlestickTrailingStop CSTSL

- Capital Protection



Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Oct 26 closed trades 27-10-2020 3-49-06 am.png Size: 77 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #110,183
  • Oct 26, 2020 1:04pm Oct 26, 2020 1:04pm
Quoting eelfranz
I can't believe there is still confusion here on What is candle 1 or two... If there was a reversal and it went 6 candles lets say... The first 2 candles are #1 & #2. If I don't get a signal to enter from the TDI on (candle 1 or 2... green crossing red).. I pass on the trade and find another.This is the rule. The only exception is if the green line bounces away from the red line I'd jump in because it's a bounce trade... Never enter when green is just touching red... why?... because it might bounce back instead of crossing the TDI Red... wait for the signal... as soon as you see the cross... enter right then... it's happens at the start of a new candle... Don't wait to enter on candle 3 or.... later.
I can't believe there is still confusion here on What is candle 1 or two...

If there was a reversal and it went 6 candles lets say... The first 2 candles are #1 & #2. If I don't get a signal to enter from the TDI on (candle 1 or 2... green crossing red).. I pass on the trade and find another.This is the rule. The only exception is if the green line bounces away from the red line I'd jump in because it's a bounce trade...

Never enter when green is just touching red... why?... because it might bounce back instead of crossing the TDI Red... wait for the signal... as soon as you see the cross... enter right then... it's happens at the start of a new candle... Don't wait to enter on candle 3 or.... later.

The above post apply only when you use the original Traders_Dynamic_Index (2005) when trading in real-time live market.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #110,184
  • Oct 26, 2020 1:22pm Oct 26, 2020 1:22pm
Quoting Inthebox
the OP mentioned the following couple of times. https://www.forexfactory.com/thread/...21#post4586221 https://www.forexfactory.com/thread/...84#post4605684 https://www.forexfactory.com/thread/...40#post4581540 he talked about looking left for support and resistance, consolidation area, size of candles, momentum, trend .... with his experience, he could have known a number of arsenals and knowledge for trading. they were not mentioned frequently. yes, basic stuff, traders supposed to know. if...
To survive trading the retail spot forex market and be able to make some money requires a lot more that what the OP of this thread had posted.

Trading Made Simple is not for newbie traders.

For the experienced traders, you follow One, Two and Three and you can take trades easily and with DISCIPLINE you will know after 1,000 trades whether this 5-Method works for you.

When your result after 1,000 trades show nett losses, then you need to question yourself how well you know Three .

Retail Spot Forex is "glorified casino".
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #110,185
  • Oct 26, 2020 2:15pm Oct 26, 2020 2:15pm
Phx62, How did he trade, it seems like whenever he open trade, It becomes a profitable trade. I completed reading his first PDF. Everything goes beyond my head. He is a DAy trader and He has a good understanding of the market, He trades beyond DTI and HA.

He doesn't need a system, He is a system. His performance is too good to be true, do anyone knows- Is he still trading or quit trading.
MA provides the market's current direction and strength.
  • #110,186
  • Oct 26, 2020 4:02pm Oct 26, 2020 4:02pm
make the transition to trade the Daily

but learn your trading tools and know how to use your tools correctly to help you trade the 5-Method.

Any tool is useless when you do not know the trading methodology.

TMS Monitor and TMS Dashboard Oct 27 Day Open

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Dashboard and charts 27-10-2020 6-57-44 am.png Size: 90 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #110,187
  • Oct 26, 2020 4:21pm Oct 26, 2020 4:21pm
Quoting hasib
Phx62, How did he trade, it seems like whenever he open trade, It becomes a profitable trade. I completed reading his first PDF. Everything goes beyond my head. He is a DAy trader and He has a good understanding of the market, He trades beyond DTI and HA. He doesn't need a system, He is a system. His performance is too good to be true, do anyone knows- Is he still trading or quit trading.

You missed READ & STUDY a lot of posts between Aug 2009 and M1y 2015.... Phx62 has special some skills ... that is the secret.
The key takeaway is SIMPLE rules for entry and exits + DISCIPLINE to follow SIMPLE rules, stick to trading hours, stick to proper use of trading tools like the THV CaveManager, stick to trading currency pair(s) you are familiar with, when to trade and when not to trade, etc. etc.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #110,188
  • Oct 26, 2020 4:44pm Oct 26, 2020 4:44pm
Quoting eelfranz
Take a look at this long term chart... Green has barely crossed the red line so a trade could be taken... but use common sense... I'd rather see where the green line is going to go on the next candle before entering.... {image}
Take a look at this long term chart... Green has barely crossed the red line so a trade could be taken... but use common sense... I'd rather see where the green line is going to go on the next candle before entering....
Attached Image (click to enlarge)
Click to Enlarge Name: Big E # 1726 chart.png Size: 171 KB

That's a Weekly chart, how you do trade that with a single entry single exit trade and risking 15% to 30% of $10,000?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #110,189
  • Oct 26, 2020 5:21pm Oct 26, 2020 5:21pm
AUDUSD Oct 27 H4

- Price Action information on chart

- TMS_V19 information on chart

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Oct 27 H4 TMS_V19 27-10-2020 8-12-18 am.png Size: 68 KB

with the Weekly sideways and H4 in consolidation range, how do you want to trade today?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #110,190
  • Oct 26, 2020 6:13pm Oct 26, 2020 6:13pm
will see.
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-10-26_22-36-20.png Size: 48 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #110,191
  • Oct 26, 2020 9:08pm Oct 26, 2020 9:08pm
when you make the transition to trade the 4h
and when your H4 opens a new candle but your H1 and M15 are not in sync ... your trade window is now open and you wait...

EURUSD Oct 27 H4 new bar/candle Tokyo 1PM


Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Oct 27 H4 H1 M15 27-10-2020 12-03-06 pm.png Size: 75 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #110,192
  • Oct 26, 2020 10:31pm Oct 26, 2020 10:31pm
Quoting emmanuel7788
when you make the transition to trade the 4h and when your H4 opens a new candle but your H1 and M15 are not in sync ... your trade window is now open and you wait... EURUSD Oct 27 H4 new bar/candle Tokyo 1PM {image}
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Oct 27 H4 H1 M15 27-10-2020 12-03-06 pm.png Size: 75 KB



EURUSD Oct 27 H1 Tokyo 2PM

Did you waited one hour for the H1 entry?

How long is your H4 trade window? 15 mins, 1 hour, 2 hours, ????

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Oct 27 H1 entry 27-10-2020 1-28-26 pm.png Size: 78 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #110,193
  • Oct 26, 2020 10:42pm Oct 26, 2020 10:42pm
Quoting TheScorpS
{quote} Indeed Emmanuel , with more time and price action , TDI bounces occurs where waiting for TDI to cross means entering a bit late which makes sometimes issues with hitting TP , so in that case I go with the setup rather than waiting on TDI to cross , but that's in only extremes market condition and is so little , most of trades are TDI confirmed based trades

both the price OHLC and the HA candle size matter a lot when trading with patterns like the PCRF as one example.

when the OP said he would only enter if the candles are medium length or larger, can be subjective what he meant by medium length candle.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #110,194
  • Oct 26, 2020 11:07pm Oct 26, 2020 11:07pm
When using TMS Monitor and TMS Dashboard, there are times when both do not show the same TDI slope calculations. These were observed by some members in the past. The reason for this discrepancy is the internal coding of both tools. It is not a bug reported before. The way around this it to refresh both tools at the time when a new candle opens.

Below is the H4 example, this broker has changed it sever time due to the Daylight Saving Time DST Shift on Sunday Oct 25.

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor vs TMS Dashboard 2AM EST 27-10-2020 2-00-53 pm.png Size: 87 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #110,195
  • Oct 27, 2020 12:27am Oct 27, 2020 12:27am
Quoting emmanuel7788
make the transition to trade the Daily but learn your trading tools and know how to use your tools correctly to help you trade the 5-Method. Any tool is useless when you do not know the trading methodology. TMS Monitor and TMS Dashboard Oct 27 Day Open {image}

Hi Emmanuel,
Firstly would like to thank you for sharing this great tool with us,i am new to forex factory and followed TMS Thread with basic rules which "BIG E" mentioned like what to see for entries and exit,it worked but the success rate is not good enough and then i saw this Tms Monitor And Dashboard and alot of people using it and improving their trading and even i see your results too in this forum.Actually i am kinda Newbie so if you can please help me out in understanding this Tms Monitor & Dash,i was planning to message you Privately but somehow its not showing me a send message button on my End,Again Really Appreciated for this great tool and hoping to hear back from you..
Thanks and a wonderfulday
  • #110,196
  • Oct 27, 2020 1:14am Oct 27, 2020 1:14am
Quoting Inthebox
will see. {image}
price touched my tp1 support zone, bounced and hit my trailing sl.
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-10-27 13_33_54-999373 - PhillipFutures-Demo_ Demo Account - Hedge - EURCAD,H4.png Size: 21 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #110,197
  • Oct 27, 2020 1:21am Oct 27, 2020 1:21am
Today is the first day I have started with Phx62 Method. I have open 3 trade-in London open. I have close early because of 200 ema support and Yesterday Low also a 1.18 psychological level. I close 3 trade with profit. but I think I have to learn more good things. Can you suggest more good material? I am still learning PHx62 method and gaining perspective.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.png Size: 49 KB
MA provides the market's current direction and strength.
  • #110,198
  • Oct 27, 2020 3:46am Oct 27, 2020 3:46am
Quoting emmanuel7788
{quote} obviously you missed some important posts in Forex Factory. Stay Safe.
Hi

Thanks for your reply.

I do not think that I missed anything "important" in FF since around 2009.

Kindly post that specific mq4 file with the changed headings or provide the download link.
It is reflected in post #110 163. and appeared from around 10 Sept.(strangely the original post 110 166 where it was also/lastly displayed and the post before with the child disappeared - do not despair - I have a screenshot of it if reminding is needed).

Thanks / Trade well / Mos
Don't limit yourself!!
  • #110,199
  • Oct 27, 2020 3:49am Oct 27, 2020 3:49am
Quoting hasib
Today is the first day I have started with Phx62 Method. I have open 3 trade-in London open. I have close early because of 200 ema support and Yesterday Low also a 1.18 psychological level. I close 3 trade with profit. but I think I have to learn more good things. Can you suggest more good material? I am still learning PHx62 method and gaining perspective. {image}
Hi

Attached the last I have of Phx62.

Trade well / Mos
Attached File(s)
File Type: pdf TMS H1 Trading by Phx62 23 Apr (1).pdf   82 KB | 489 downloads
File Type: pdf S3-H1 posts of PHX62 till now.pdf   5.4 MB | 711 downloads
Don't limit yourself!!
  • #110,200
  • Oct 27, 2020 4:07am Oct 27, 2020 4:07am
You have multy MACD for all timeframe?
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