Trading Made Simple

Quoting eelfranz

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Don't get fired ! Just make the necessary transition to trading 4hr charts during the London session... or Daily charts.

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Quoting emmanuel7788

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{quote} build longs on Daily when break high! {image} {image}

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Quoting Mercayx16

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thanks emmanuel! Can you explain with more detail this trailing stop. I dont know the difference and I have different broker not met 5... I put the average price of the las candlestick for the positions...I dont know if Im wrong... Help me please!!

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Quoting MrAnta997

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{quote} I'm still reading Big E's posts, found that pdf someone made (all of Big E's posts), will read it also.. But there's so much material after '12 and Big E's unfortunate passing, too much noise and I don't know what to read and what not to read.. {quote} I wanna work hard, but I don't wanna work hard in the wrong direction.. There are 6000 pages of material, I'll read Big E's posts, but I don't know where are other important posts, and going through 6000 pages not knowing what you're looking for is wasting of energy..

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Quoting ryuryu

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{quote} Grid is another world. It is OK to have any positive RR even 0.01R why not. Grid used mostly instead of SL. Since static TP/SL has negative expectation (max 47% win rate) it is pretty good to have for example 1$ profit instead of closing position in loss. Because if you lose 1% you must gain more than 1% to have the same starting amount as was. Grid has it's own rules and problems such as incorrect distance calculations, incorrect value and margin etc. That's why it has very high risk. Trading grids manually is barely impossible it is a...

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Quoting tommydoginti

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{quote} Can you share me the link to where the 47% was found out? Averaging down can be profitable in long run, coupled with higher rate of hitting TP can be pretty stable (eg DOS). TMS is not averaging out strategy right? BigE said he closed trades at either win, loss, or times up.

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Quoting tommydoginti

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{quote} Agree. At the same time I hope to let other readers understand the true TMS. TBH at first when I came to this thread I thought I was in the Blessing3. On my way learning I am also building the thread again and filter out noise for future readers. Will keep posting charts and let others decide if TMS is suitable for them or not. Please feel free to comment Thank you.

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Quoting tommydoginti

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EU H1, there was a TDI cross sell set up coupled with divergence (#2352) Similar situation in EJ H1, but EJ is right above a value zone. EU Sell Cross @ Candle #2 {image} EJ Sell Cross @ Candle #1 {image} Keeping an eye on GU GJ UJ correlated pairs for any setup today.

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Quoting tommydoginti

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Can you share me the link to where the 47% was found out? Averaging down can be profitable in long run, coupled with higher rate of hitting TP can be pretty stable (eg DOS). TMS is not averaging out strategy right? BigE said he closed trades at either win, loss, or times up.

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Quoting ryuryu

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{quote} All strategies with fixed RR has max 47% win rate. Because of fees, slippages, swaps. In real world less of course. You can create tradingview strategy to test, or create simple EA, or even input data to excel and check the results. I have EA that has same entry points (it is MACD (not a MACD itself but similar algo) + MA and Stoch filtering, I wrote it few pages back). TMS is not averaging, yes. And since it is trending strategy it will lose on ranging markets. But remember that in average 85% of the time the markets are ranging. And only...

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Quoting PixelSniper

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{quote} Ted Bundy was not a sociopath,he was a psychopath interviewd by neurologists and psychiatrists. For the most part he diagnosed as a successful predatory psychopath, but that’s not all. Bundy exhibited traits not normally associated with psychopathy. He was also a necrophiliac, paraphilac and a sadist.

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Quoting ryuryu

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{quote} Exactly! My joking post (but real, you can create your TDI yourself) was to say: Guys like EMM ask you to "study" TMS for years. But this is just a waste of time. Study how indicators works. What data they are using and what lines they draw. And then you will see that EMM or just a liar, who has occupied this thread to gain profits, or a slow guy who can't understand for 10 years that this is all just a BigFake.
BTW EMM always say that BigE died, so his words are some kind of Truth. Ok, then Hitler words are the same quality? He has died too. Sorry to cross/compare these 2 guys together, but I think you have to have your own brains to decide what is good and what is not. And not just because someone died. Because we all will. If topic starter died not give the thread a "gold" status.
I insist that TSM is not a strategy. It is just an entry rule. A good entry rule. But not better than standard EMA 200 + MACD that I've shown you later. And blessing is very dangerous stupid martingale EA you should never use with real accounts.

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Quoting ryuryu

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{quote} All strategies with fixed RR has max 47% win rate. Because of fees, slippages, swaps. In real world less of course. You can create tradingview strategy to test, or create simple EA, or even input data to excel and check the results. I have EA that has same entry points (it is MACD (not a MACD itself but similar algo) + MA and Stoch filtering, I wrote it few pages back). TMS is not averaging, yes. And since it is trending strategy it will lose on ranging markets. But remember that in average 85% of the time the markets are ranging. And only...

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Quoting tommydoginti

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{quote} okay i now get your point on the fix RR vs win rate. So some degree of discretionary is needed for TMS. TMS can be both trending and reversal strategy IMO. The essence of cross entry is RSI retraction, which is a countertrend signal. BigE’s bounce entry is indeed trending signal, I also have no idea how to use it well. (Check out post #2) In context TDI cross entry plus HA color change can be applied to the end of a pull back on higher level analysis, but on entry timeframe it is a reversal. So the entry should be as soon as possible to...

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Quoting tommydoginti

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Hi all, I am going to honor the late OP of this thread, BigE, and provide a platform in this thread for people who are really learning, sharing, discussing TMS. BigE was an experienced trader. To start with, first focus on reading BigE's old posts, charts, and constructive Q&A with other FF members back in 2011 at post #1-#12,912. Other members' posts back then were also useful. Reader can expect a lot of meaningless posts and distractions from this thread and TMS strategy. Remember, filtering noise and fake information is an essential skill in...

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Quoting tommydoginti

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{quote} okay i now get your point on the fix RR vs win rate. So some degree of discretionary is needed for TMS. TMS can be both trending and reversal strategy IMO. The essence of cross entry is RSI retraction, which is a countertrend signal. BigE’s bounce entry is indeed trending signal, I also have no idea how to use it well. (Check out post #2) In context TDI cross entry plus HA color change can be applied to the end of a pull back on higher level analysis, but on entry timeframe it is a reversal. So the entry should be as soon as possible to...

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Quoting DrDave

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{quote} In context TDI cross entry plus HA color change can be applied to the end of a pull back on higher level analysis, but on entry timeframe it is a reversal. So the entry should be as soon as possible to capture the momentum. This is why using a MTF analysis adds to your edge: You can easily determine which TF is "controlling" the direction and which lower TFs are making retracements or continuations, and adjust you trade plan to counter-trend or trend continuation for that trade.

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Quoting PixelSniper

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{quote} Ted Bundy was not a sociopath,he was a psychopath interviewd by neurologists and psychiatrists. For the most part he diagnosed as a successful predatory psychopath, but that’s not all. Bundy exhibited traits not normally associated with psychopathy. He was also a necrophiliac, paraphilac and a sadist.

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Quoting ryuryu

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{quote} Exactly! My joking post (but real, you can create your TDI yourself) was to say: Guys like EMM ask you to "study" TMS for years. But this is just a waste of time. Study how indicators works. What data they are using and what lines they draw. And then you will see that EMM or just a liar, who has occupied this thread to gain profits, or a slow guy who can't understand for 10 years that this is all just a BigFake.
BTW EMM always say that BigE died, so his words are some kind of Truth. Ok, then Hitler words are the same quality? He has died too. Sorry to cross/compare these 2 guys together, but I think you have to have your own brains to decide what is good and what is not. And not just because someone died. Because we all will. If topic starter died not give the thread a "gold" status.
I insist that TSM is not a strategy. It is just an entry rule. A good entry rule. But not better than standard EMA 200 + MACD that I've shown you later. And blessing is very dangerous stupid martingale EA you should never use with real accounts.

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Quoting tommydoginti

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okay i now get your point on the fix RR vs win rate. So some degree of discretionary is needed for TMS. TMS can be both trending and reversal strategy IMO.

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Quoting emmanuel7788

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{quote} EU Feb 04 H4 Sydney Open hr 2 update - H4 HA setup 2nd APB/HA now active - will this be good for swing traders buyer... trading a pull back of the weekly? - Weekly Trend 2/8 is in its 4th week Sideways - Daily TDiC1 is RED. - 1.1965 is on my weekly, that big candle! is {image}

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