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Trading Made Simple

  • #111,161
  • Nov 16, 2020 6:58am Nov 16, 2020 6:58am
Took a trade according to TMS
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MA provides the market's current direction and strength.
  • #111,162
  • Nov 16, 2020 6:58am Nov 16, 2020 6:58am
Quoting emmanuel7788
{quote} how long is the Challenge? start date and end date? do you have more detailed information of the prop firm Challenge ? post them here.

Brother EM, have a look at the picture. You can go to FTMO.com too.
They give 30 calendar days I will get 22 trading days.
You
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MA provides the market's current direction and strength.
  • #111,163
  • Nov 16, 2020 7:08am Nov 16, 2020 7:08am
Quoting hasib
{quote} Brother EM, have a look at the picture. You can go to FTMO.com too. They give 30 calendar days I will get 22 trading days. You {image}
Do you plan to trade based on information from this thread or something else?
To free Gazans of Hamas, use whatever it takes.
  • #111,164
  • Nov 16, 2020 9:29am Nov 16, 2020 9:29am
Hi Tekkies I have marked all the possible trade entries.
I will open trade after the candle close.
Are all of them ok,
If not which one is not ok and why you think it is not ok.
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MA provides the market's current direction and strength.
  • #111,165
  • Nov 16, 2020 9:36am Nov 16, 2020 9:36am
Quoting DrDave
{quote} Do you plan to trade based on information from this thread or something else?
Dave, Let's see, In the trading strategy part, I am struggling. I am Still backtesting 2 or 3 ideas. 42% to 55% win rate I have got so far. I dropped the 42%win rate strategy.
Now I am testing the TMS5 method in the same market. Let's see how much win rate I got.
MA provides the market's current direction and strength.
  • #111,166
  • Nov 16, 2020 9:40am Nov 16, 2020 9:40am
Quoting hasib
Hi Tekkies I have marked all the possible trade entries. I will open trade after the candle close. Are all of them ok, If not which one is not ok and why you think it is not ok. {image}
Really, it would be better for you to list your entry criteria and then for each trade, mark which criteria were met.

After you do that, you probably won't even need anyone else to comment, but you could still ask for the comments just to see if others agree with your thinking.
To free Gazans of Hamas, use whatever it takes.
  • #111,167
  • Nov 16, 2020 9:55am Nov 16, 2020 9:55am
Quoting Tekkies
{quote} The blind leading the blind? Don't see that you are trading this method either, got any TMS trades you can post?
Do everybody has to make the same noise as you...I have been trading longer than you are...and i am not claiming anything...and you have the energy to beat around...bring it on...i am not here to show my trade for the singular purpose of making a point or proving you right or wrong...

Everyone can be wrong while you are Mr Right...i am not here to compete with anyone...neither am i here to prove anything to anyone...
  • #111,168
  • Nov 16, 2020 10:05am Nov 16, 2020 10:05am
Quoting hasib
Hey, all new members don't focus on my Test Trade explorer I have trade that accounts just to get a 10% return in a month. I have got 10% return within 15 days. After that, I did not trade that account seriously I have open too much big lot I have done too much over trading with that account. This all is a bad habit that I have in my inside. I have to develop a Checklist to avoid those problems. I am working on it. And most importantly I don't trade the TMS system with that test account. Don't blame TMS for that loss and That was a demo account,...
My apologies...maybe i misunderstand the tone...I thought it is one of those attacks that have characterized this thread by few members fighting each other...the purpose of threads like this is for members to help, encourage and assist one another to improve...if we all are above learning....we wont be here...once again...sorry for my outburst...
  • #111,169
  • Nov 16, 2020 10:49am Nov 16, 2020 10:49am
Quoting vol75group
{quote} Do everybody has to make the same noise as you...I have been trading longer than you are...and i am not claiming anything...and you have the energy to beat around...bring it on...i am not here to show my trade for the singular purpose of making a point or proving you right or wrong... Everyone can be wrong while you are Mr Right...i am not here to compete with anyone...neither am i here to prove anything to anyone...
Your first post and this one are the same as those "attacks that have characterized this thread by few members fighting each other."

Do you trade with this method? Good.
You don't trade this method, why did you flame tommydoginti?
> You are just a guilt as he is: Although you dont trade this strategy....what are you doing here fool....
  • #111,170
  • Nov 16, 2020 11:04am Nov 16, 2020 11:04am
Quoting hasib
Hi Tekkies I have marked all the possible trade entries. I will open trade after the candle close. Are all of them ok, If not which one is not ok and why you think it is not ok. {image}
Three rules
> TDI angle above/ below 2/4
> We Enter a trade when green crosses red on the TDI at the beginning of that candle.
> Stoch confirm direction.
Based on where you have placed the entry
1. One bar late. Good.
2. Good
3 / 4 TDI above 4. Bad
5. Good
6. Good
7. Two bar's late, you entry TDI is flat. Bad
8. Green bounce red. Good
9. One bar late. Good
10. One bar late. Good
11. Good
  • #111,171
  • Nov 16, 2020 11:09am Nov 16, 2020 11:09am
Quoting vol75group
{quote} Do everybody has to make the same noise as you...I have been trading longer than you are...and i am not claiming anything...and you have the energy to beat around...bring it on...i am not here to show my trade for the singular purpose of making a point or proving you right or wrong... Everyone can be wrong while you are Mr Right...i am not here to compete with anyone...neither am i here to prove anything to anyone...
neither am i here to prove anything to anyone...

Well, you've already proved PLENTY to me!
To free Gazans of Hamas, use whatever it takes.
  • #111,172
  • Nov 16, 2020 11:33am Nov 16, 2020 11:33am
Quoting hasib
As you know I am going to take the prop firm Challenge soon. I have almost developed my trading Strategy, I have to test more and more to improve it. I should say Improve my understanding of the system and different market conditions with the same system. Any suggestions are welcome. Thanks {image}
That is the part me and also some others here had very similar feedbacks to you here and in other threads. Honest it is not an offense but more a friendly reminder

FTMO’s DD rules applied in all stages including real acc. Their DD rules are so strict you have no room to test or implement any new or undeveloped strategies. You can watch some interviews by FTMO or reviews of some Youtube traders, many are trading with one strategy on prop acc only and the strategies are well validated.

Some prepared their journey by trading Demo (more on live) for at least 3 months with close to 10% if not more than that, to ensure some degree of consistency in their performance.

that is why 1) patience - give yourself more time and dont rush to trade, and 2) aim low enough - stick to one strategy, focus on minimal but most consistent goal.

No one said anything about being bad at trading, nor anything negative abut the strategies of concern. If someone thinks it is an offense by trying to prevent wasting a stranger’s money and time, then so be it.
  • #111,173
  • Nov 16, 2020 11:46am Nov 16, 2020 11:46am
Quoting tommydoginti
{quote} That is the part me and also some others here had very similar feedbacks to you here and in other threads. Honest it is not an offense but more a friendly reminder FTMO’s DD rules applied in all stages including real acc. Their DD rules are so strict you have no room to test or implement any new or undeveloped strategies. You can watch some interviews by FTMO or reviews of some Youtube traders, many are trading with one strategy on prop acc only and the strategies are well validated. Some prepared their journey by trading Demo (more on live)...
I know that is why I am doing hard work. I know a few people they have achieved it. if anyone could achieve it they have learned something. we are in a business which is called risk management and self-management.
MA provides the market's current direction and strength.
  • #111,174
  • Nov 16, 2020 11:54am Nov 16, 2020 11:54am
Quoting Tekkies
{quote} Three rules > TDI angle above/ below 2/4 > We Enter a trade when green crosses red on the TDI at the beginning of that candle. > Stoch confirm direction. Based on where you have placed the entry 1. One bar late. Good. 2. Good 3 / 4 TDI above 4. Bad 5. Good 6. Good 7. Two bar's late, you entry TDI is flat. Bad 8. Green bounce red. Good 9. One bar late. Good 10. One bar late. Good 11. Good
Tekkies, All this year I don't understand one thing that is TDI angle above/ below 2/4. what is TDI angle. Do you know TDI angle change After a big move.
I think so because I don't understand the TDI angle.

According to your comment, most of my trades are good, I have done a backtest where I found the win rate is 46%. probably if I understand the angle I could improve winrate.
MA provides the market's current direction and strength.
  • #111,175
  • Nov 16, 2020 12:00pm Nov 16, 2020 12:00pm
Quoting hasib
{quote} Tekkies, All this year I don't understand one thing that is TDI angle above/ below 2/4. what is TDI angle. Do you know TDI angle change After a big move. I think so because I don't understand the TDI angle. According to your comment, most of my trades are good, I have done a backtest where I found the win rate is 46%. probably if I understand the angle I could improve winrate.
It should indicate the current strength of the market.
  • #111,176
  • Nov 16, 2020 12:12pm Nov 16, 2020 12:12pm
Quoting lddd
{quote} It should indicate the current strength of the market.
@lddd -- "current strength of the market" -- and what does that mean? And how do you determine the current strength of the market? And how does one trade the "current strength of the market" -- what logic and rules do you apply for your Entries and Exits? Sounds like more dribble with zero substance...
  • #111,177
  • Nov 16, 2020 12:17pm Nov 16, 2020 12:17pm
Quoting robots4me
{quote} @lddd -- "current strength of the market" -- and what does that mean? And how do you determine the current strength of the market? And how does one trade the "current strength of the market" -- what logic and rules do you apply for your Entries and Exits? Sounds like more dribble with zero substance...
I am not using it. Just tried answering his question of what is meant by the TDI slope.
  • #111,178
  • Nov 16, 2020 12:25pm Nov 16, 2020 12:25pm
Quoting hasib
{quote} Tekkies, All this year I don't understand one thing that is TDI angle above/ below 2/4. what is TDI angle. Do you know TDI angle change After a big move. I think so because I don't understand the TDI angle. According to your comment, most of my trades are good, I have done a backtest where I found the win rate is 46%. probably if I understand the angle I could improve winrate.
Like Iddd said.
The angle only indicate the strength of momentum.
The angle won't improve win rate Hasbi. That is a very small part (important, yes) you have to use all the advice BigE posted.
You going to use TDI, understand what BigE has posted first.

Marking a chart up and me saying good or bad means nothing if you don't understand :
> long / short term trends, consolidation, support / resistance level, close to previous Hi/Lo, and the rest that goes with that.
  • #111,179
  • Nov 16, 2020 12:58pm Nov 16, 2020 12:58pm
Quoting lddd
{quote} It should indicate the current strength of the market.
Not exactly. And the following is not a rigorous explanation, but it presents the main ideas.

The angle from one bar to the next on a specified TF indicates the rate of change of the ratio of "ups" to "downs".
Therefore, if the current angle between the last 2 closed bars is steeply down, such that it is like the hour hand of a clock pointing at about 5 o'clock, then this shows relatively few "ups" to a lot of "downs". When the next bar closes and the angle between the last 2 closed bars is like pointing at 2 o'clock, then there was a very rapid change to a lot of "ups" and few "downs".
To free Gazans of Hamas, use whatever it takes.
  • #111,180
  • Nov 16, 2020 1:07pm Nov 16, 2020 1:07pm
Quoting hasib
Took a trade according to TMS {image}
your GBPUSD M15 sell trade is not according to how Big E would trade and good example you are in the group who have not learn what TMS is all about.

Big E trading M15 examples
#8601
https://www.forexfactory.com/showthr...10#post4800310
#7025
https://www.forexfactory.com/showthr...34#post4750234
#954
https://www.forexfactory.com/showthr...50#post4585950
#956
https://www.forexfactory.com/showthr...85#post4585985
#746
https://www.forexfactory.com/showthr...30#post4582930
#731
https://www.forexfactory.com/showthr...39#post4582839
#701
https://www.forexfactory.com/showthr...53#post4582253
if you want more examples,
https://www.forexfactory.com/showthr...95#post4576995

#4318 (old thread)
https://www.forexfactory.com/showthr...83#post4556583
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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