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Trading Made Simple

  • #117,381
  • Feb 24, 2021 7:12pm Feb 24, 2021 7:12pm
AUDJPY Feb25 H4 Tokyo 10AM

- chasing buy now would be challenging for many traders

- you need to have a Mental Strategy to trade trending pair like this

Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY Feb25 H4 Tokyo10AM 25-2-2021 9-06-18 am.png Size: 75 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #117,382
  • Feb 24, 2021 7:37pm Feb 24, 2021 7:37pm
Quoting emmanuel7788
AUDJPY Feb25 H4 Tokyo 10AM - chasing buy now would be challenging for many traders - you need to have a Mental Strategy to trade trending pair like this {image}
all your contributions are like gems,thanks for sharing

what is the mental strategy for trending pairs,im always afraid of taking the trade when it is on exhausted condition.s i like to take first few touches after pullbacks,but this style gives less setups.
  • #117,383
  • Feb 24, 2021 9:54pm Feb 24, 2021 9:54pm
Quoting DrDave
But of course, who teaches you such an idea? No one that I know of.
Constance Brown taught that in her book "Technical Analysis for the Trading Professional". That was back in the 1990's.
W.D. Gann also taught this back in the thirties or forties I think.

Not taking shots at you, just building out the conversation. Some of us are a bit long in the tooth and have been doing this for a little bit.
If you are good at something, never do it for free--Joker
  • #117,384
  • Feb 24, 2021 10:17pm Feb 24, 2021 10:17pm
I need to get this off my chest.

It has come to my awareness that robots4me is a coder on the level of mladen and hanover. Someone told on him and the factory has put him in timeout for awhile. It happens to everyone who is passionate sooner or later. Twee and his team do watch this site.

Robots, it's not worth it. Master coders are hard to come by and MQL4 has quirks. There is no point in getting suspended for no good reason. Lets go to war with some of these guys on the merits of their trading.
If you are good at something, never do it for free--Joker
  • #117,385
  • Feb 25, 2021 12:00am Feb 25, 2021 12:00am
Quoting emmanuel7788
{quote} AUDUSD Feb 23 H4 - ... {quote} AUDUSD Feb24 H4 Sydney Open update: Trend 2/8 bullish Daily TDIC1 bullish Follow Big E' Post#647 and apply that as your trading checklist. Keep It Simple : No H4 sell during London session {image} {image}

Quoting emmanuel7788
AUDUSD Feb25 Sydney-Tokyo session Tokyo 10AM local - looking at H4 now, do you want to buy? - take a look at H1 and you will decide much easier. {image}

AUDUSD Feb25 Daily trades update

- hitting the BRN 0.8000 is my exit and take money off the table today.

- all I need to do now is to follow 1 of my 10 tasks for trading

- as the price action - price bar and HA candles are above the 5EMA and also in the upper band of the BB (20,1), I can safely stay on the side of buyers.

- keep an eye on the price action and the RSi green price line moving outside its VB and way high in the OB regions



Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Feb25 D1 trade update 25-2-2021 1-56-37 pm.png Size: 63 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #117,386
  • Feb 25, 2021 12:15am Feb 25, 2021 12:15am
Quoting emmanuel7788
{quote} https://www.forexfactory.com/thread/...7#post13422797 {image} GBPJPY Feb24 trade update - yesterday I took the H4 alert and follow my Daily - I have some money on the table and will sweep back to my bank soon. - then re-open a new basket . {image}

GBPJPY Feb25 Daily trade update

- time to take some money off the table at BRN 150.00

- observe the TMS 5-Method' 5EMA and the BB(20,1) upper band, how close price follow above these two lines.

- it is month end and tomorrow is Friday also the last trading day of this week and month, and as usual we have our weekend homework to do and this weekend would be special.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY Feb25 Daily trade update 25-2-2021 2-10-12 pm.png Size: 61 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #117,387
  • Feb 25, 2021 12:26am Feb 25, 2021 12:26am
Quoting jmn5611
{quote} Constance Brown taught that in her book "Technical Analysis for the Trading Professional". That was back in the 1990's. W.D. Gann also taught this back in the thirties or forties I think. Not taking shots at you, just building out the conversation. Some of us are a bit long in the tooth and have been doing this for a little bit.

well FakeDr got suspended again ... another breach of FF Code of Conduct

too many cleanups report sent by members following this thread for his daily disruption to trading discussions...



Attached Image (click to enlarge)
Click to Enlarge Name: FakeDr got suspended again Feb25 25-2-2021 2-20-49 pm.png Size: 51 KB

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #117,388
  • Feb 25, 2021 12:30am Feb 25, 2021 12:30am
Quoting T4Trade
{quote} all your contributions are like gems,thanks for sharing what is the mental strategy for trending pairs,im always afraid of taking the trade when it is on exhausted condition.s i like to take first few touches after pullbacks,but this style gives less setups.

first, tell me what came to mind when you see a trending runaway pair and you were not in any trade?

AUDUSD Feb25 H1 setup alert by TMS_V19 EA.

- all green means GOOD!

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Feb25 H1 V19 alert 25-2-2021 1-22-47 pm.png Size: 98 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #117,389
  • Edited 2:26am Feb 25, 2021 1:38am | Edited 2:26am
Hi Vincent my old friend

Let us just put this post in perspective.

Another well known prolific poster(@robots4me) constantly denigrating people and messing up the thread/ daily disruption with non trading related hate speech has also been suspended but seems to have been let off the hook - so what is good for the goose should be good for the gander. You should actually dedicate a post to @robots4me too - no favouritism !

What you quote here is applicable to ALL members(including YOU - eg. "FakeDr ??") - I am sure you had in mind to remind ALL members how to behave.

Cheers big Vince / Thanks / Mos

Quoting emmanuel7788
{quote} well FakeDr got suspended again ... another breach of FF Code of Conduct too many cleanups report sent by members following this thread for his daily disruption to trading discussions... {image} Trader Code of Conduct The best traders approach the markets professionally, apolitically, amorally, waving no flag — this is generally how Forex Factory members are expected to conduct themselves on the website. The following code of conduct should be observed by members throughout their interactions...
Don't limit yourself!!
  • #117,390
  • Feb 25, 2021 2:28am Feb 25, 2021 2:28am
Quoting mosiskv
Hi Vincent my old friend Let us just put this post in perspective. Another well known prolific poster(@robots4me) constantly denigrating people and messing up the thread/ daily disruption with non trading related hate speech has also been suspended but seems to have been let off the hook - so what is good for the goose should be good for the gander. You should actually dedicate a post to @robots4me too - no favouritism ! What you quote here is applicable to ALL members(including YOU) - I am sure...
I disagree with this post. Robots does not randomly target people, and he has never started a fight. He is just intent on finishing them. Sometimes he goes too far according to FF policy. He is a student of the Chicago Way, for better or worse.

Inserted Video


Quoting emmanuel7788
{quote} well FakeDr got suspended again ... another breach of FF Code of Conduct too many cleanups report sent by members following this thread for his daily disruption to trading discussions... {image} Trader Code of Conduct The best traders approach the markets professionally, apolitically, amorally, waving no flag — this is generally how Forex Factory members are expected to conduct themselves on the website. The following code of conduct should be observed by members throughout their interactions...
What this means is that the Factory is going to start policing this thread. They will close it if it is necessary to do so. I have seen this first hand.
So, Dave, when you get back, have something to contribute. Are you a strong trader? Do you discuss theory? Do you code? As long as you are not abusive, FF will give you ton of latitude. If you don't have anything meaningful, you would do well to simply be a minimalist when it comes to your words.
If you are good at something, never do it for free--Joker
  • #117,391
  • Feb 25, 2021 3:17am Feb 25, 2021 3:17am
Quoting jmn5611
{quote} I disagree with this post. Robots does not randomly target people, and he has never started a fight. He is just intent on finishing them. Sometimes he goes too far according to FF policy. He is a student of the Chicago Way, for better or worse. https://www.youtube.com/watch?v=xPZ6eaL3S2E {quote} What this means is that the Factory is going to start policing this thread. They will close it if it is necessary to do so. I have seen this first hand. So, Dave, when you get back, have something to contribute. Are you a strong trader?...
Robots only target those that does not agree on how he sees the world. What good has he posted in this thread? a Couple of posts back he stated he is only posting "I'm here on this thread only to distract the misfits and offer support to @emmanuel7788 -- who is the real deal."
Rather a narrow viewpoint. The "misfits" has him on ignore and don't responded to his post's so who is he really distracting/harming: > those that do come here to gain some understanding about trading this method.
Emmanuel is not the real deal according to what BigE's has posted. Nowhere is there any mention of TDI green angle, stoch confirm, support/resistance level and the rest of BigE's post. "Swicth to H4 and D1" is not the only post's by BigE.

Come to think about it Jmn, Emmanuel post so many chart's you don't have to use MT4 trading platform, come to TMS with a cellphone, view charts and phone broker.
  • #117,392
  • Feb 25, 2021 5:13am Feb 25, 2021 5:13am
Quoting emmanuel7788
TMS Monitor Thursday Feb25 Daily - with most pairs already running , no new Daily trade setups to pick today at SYDNEY OPEN - the next available options are CONTNUATION trade setups in H4 and H1... but follow the Daily and Weekly market type conditions. - CONTINUATION trades are the RSI green price line bounce and also some are breakouts after a pull-back in the price. {image}
Hey Folks,

here comes the "real deal" stuff

EURUSD Feb25 H4 trade

Follow the Op Big E Post#261

The TDI is the heart of our method. It tells you when to enter and where to exit any trades... so review previous posts and learn it good.

HA Candles are important because it makes your trading way less stressful... use them.

Stoch's is nothing but confirmation. If Stoch's & the TDI give different signals... lights flash off and on warning me to take a closer look before entering.. and usually I look for another trade.

5 ema... shows direction currently... only wanting to enter on candle 1 or two. If there is a reversal do I have a TDI signal to enter... if not and all looks strong then enter on candle 2... use some discretion... practice on Demo... take some chances and see if yor head computer was right... it's free.

HA Candles... What are their size? If they are small I will usually go find another set up... Look for consolidation... look for how close PA is to supp/res levels... use your brain !

Believe it or not you have to participate and think... until it's so second nature... there is nothing to it... it's so simple... don't complicate it or you will lose...

Charts do not lie.... pay attention to details.
1) PA is REVERSAL candle
2) Stoch cross signal at the REVERSAL candle close.
3) TDI green price line cross red line later.

these are basics TMS 5-Method.

TPs 1, 2 and 3 +10 pips, +25pips and +35pips
the rest I let the market decide.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Feb25 H4 trade update TP1 2 3 25-2-2021 6-22-05 pm.png Size: 48 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #117,393
  • Feb 25, 2021 6:36am Feb 25, 2021 6:36am
Quoting emmanuel7788
{quote} Hey Folks, here comes the "real deal" stuff EURUSD Feb25 H4 trade Follow the Op Big E Post#261 The TDI is the heart of our method. It tells you when to enter and where to exit any trades... so review previous posts and learn it good. HA Candles are important because it makes your trading way less stressful... use them. Stoch's is nothing but confirmation. If Stoch's & the TDI give different signals... lights flash off and on warning me to take a closer look before...
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Feb25 H4 trade update TP1 2 3 25-2-2021 6-22-05 pm.png Size: 48 KB


TMSTDI WatchDog also show the same "real deal" stuff

Charts do not lie.... pay attention to details.
1) PA is REVERSAL candle
2) Stoch cross signal at the REVERSAL candle close.
3) TDI green price line cross red line later.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Feb25 TMSWatchDog 25-2-2021 8-33-35 pm.png Size: 45 KB



But be patient, tomorrow after market closed, I will refresh my charts and post update of the same charts when the TDI Red Green will repaint the RSI green price line.
The "real deal" stuff will explain why 99% of TMS traders lose money and left this thread.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #117,394
  • Feb 25, 2021 5:20pm Feb 25, 2021 5:20pm
Quoting emmanuel7788
{quote} BTCUSD Feb22 - correction down to 52900 .... - can even go lower to 51500 ... {image}

BTCUSD Feb26 Friday Sydney Open

- Daily
- 'sad' week
- and for some have give back to the market some profits

Attached Image (click to enlarge)
Click to Enlarge Name: BTCUSD Feb26 Daily Sydney Open 26-2-2021 7-09-30 am.png Size: 40 KB


TMS H4 chart review:

- observe the TDI when the RSi green price line exit the lower volatility band VB and re-enters the VB, look at the price action what happens!

- on the price chart, the BB(20,1) begins to narrow... this is the next opportunity for traders,

- in my technical analysis and trade planning I will look for "synergy" between the TDI VB and the Price volatility using Bollinger Band BB studies in this case using a BB(20,1) . The default BB(20,2) is optional.

- trading TMS 5-Method remains the same, use the price+HA candles and the 5EMA.

*** remember what the OP Big E said: follow simple rules for entries and exits.

Attached Image (click to enlarge)
Click to Enlarge Name: BTCUSD Feb26 H4 TMS Sydney Open.png Size: 83 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #117,395
  • Feb 25, 2021 6:12pm Feb 25, 2021 6:12pm
Quoting emmanuel7788
{quote} BTCUSD Feb26 Friday Sydney Open - Daily - 'sad' week - and for some have give back to the market some profits {image} TMS H4 chart review: - observe the TDI when the RSi green price line exit the lower volatility band VB and re-enters the VB, look at the price action what happens! - on the price chart, the BB(20,1) begins to narrow... this is the next opportunity for traders, - in my technical analysis and trade planning I will look for "synergy" between the TDI VB and the Price volatility using Bollinger Band BB studies in this case using...

BTCUSD Feb26 UPDATE:

Just had chats with some traders, and we see BTCUSD falling lower to the regions 44000 and 40500....

Those with kedge accounts can hedge your buys now while holding long positions protected of course.

TMS chart H4, note the Aqua colour zone!

There is confluence with the WCC High we talked about weeks ago.

Attached Image (click to enlarge)
Click to Enlarge Name: BTCUSD Feb26 lower to 40500 26-2-2021 8-08-14 am.png Size: 57 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #117,396
  • Feb 25, 2021 10:24pm Feb 25, 2021 10:24pm
TMS Monitor Feb26 H1 Tokyo 1:00PM

-...

- EU sell
Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Feb26 Tokyo100PM 26-2-2021 12-22-50 pm.png Size: 34 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #117,397
  • Feb 26, 2021 12:04am Feb 26, 2021 12:04am
Quoting emmanuel7788
TMS Monitor Feb26 H1 Tokyo 1:00PM -... - EU sell {image}

EURUSD Feb28 H1 trade on H4 chart

- with the TMS Monitor H1 alert
- check the H4 and it is within my trade window

- the PA setup is simple and easy to spot, 5-bars Swing High
- there are the TMS REVERSAL candle with Stoch cross signal
* the REVERSAL candle did not close below the 5EMA (for direction...) and the Swing High was not established yet
- the RSI green price line confirms the trade setup

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Feb26 H1 trade on H4 chart 26-2-2021 1-55-25 pm.png Size: 51 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #117,398
  • Feb 26, 2021 12:09am Feb 26, 2021 12:09am
TMS Monitor Feb26 H4 New York 1AM EST 10PM PDT

- check pairs with C-slope =>4
- if Green colour Prev Slope and Red Curr Slope check for PA bounce



Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Feb26 NY 1AM EST 10PM PDT 26-2-2021 2-05-01 pm.png Size: 33 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #117,399
  • Feb 26, 2021 12:12am Feb 26, 2021 12:12am
Quoting emmanuel7788
TMS Monitor Feb26 H4 New York 1AM EST 10PM PDT - check pairs with C-slope =>4 - if Green colour Prev Slope and Red Curr Slope check for PA bounce {image}

GBPCAD Feb26 H4

- RSi green line tweek from red 2 to red 6

- can sell H4

Attached Image (click to enlarge)
Click to Enlarge Name: GBPCAD Feb26 H4 tweak 26-2-2021 2-10-17 pm.png Size: 81 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #117,400
  • Feb 26, 2021 3:04am Feb 26, 2021 3:04am
Quoting emmanuel7788
{quote} {quote} Hi Fabio Yes. TMS_EVO is available since 2018. It is a development evolved from TMS-II by a few active TMS traders. TMS_EVO was live traded and tested in 2018 using just one currency pair - EURUSD. see this thread and the live trade results for 2018. {https://www.forexfactory.com/thread/post/11834080#post11834080} TMS_EVO_IX is a SYSTEM STRATEGY for the 3-years trading cycle 2021/2022/2023 fiscal year. A SYSTEM STRATEGY requires trading the selected MARKET TYPE conditions and requires trading multiple pairs in order to achieve the...
well as you might remember, we have been interchanging messages on blessing. now I have been trading with blessing for a while, with good results, but i trade high timeframes and i try to capture 20-25 per trade. considering that on the 10 pairs, i trade, that means max 6 cycles per week. I will not get rich in a month but i should be able to compound till a point to reach a passive income keeping the down side controlled around 10-55%, per pair.

yes it is a lot but I doubt that with blessing, in full auto, it is possible to get any better. So i am interested to explore either a manual or fully auto system to improve on that.
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