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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

  • #118,061
  • Apr 13, 2021 2:18am Apr 13, 2021 2:18am
Quoting TheScorpS
{quote} Yes we have come a long way, I and miss the the seniors traders this thread one had, they helped us tremendously, you kept the thread alive, kudos to you and all other members that helped along the way EUR/AUD trades on H1 , FO entry after pin bar with cross of TDI , and NYO entry after inside bar breakout, was 3rd blue candle so put small TP {image}

good trades. CONSISTENT like always with EurAud.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,062
  • Apr 13, 2021 2:20am Apr 13, 2021 2:20am
Apr13 London Open 8AM

- will LO follow the active H4 price action?

- careful with Tokyo Close in 2 hours from LO... its tricky 2 hours.

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Apr13 H4 FO closed 13-4-2021 3-15-47 pm.png Size: 36 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,063
  • Apr 13, 2021 4:02am Apr 13, 2021 4:02am
EURJPY Apr13 H1

- a 'perfect' 5 bars swing high reversal setup

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY Apr13 H1 perfect swing high reversal 13-4-2021 4-58-59 pm.png Size: 28 KB


Attached Image (click to enlarge)
Click to Enlarge Name: TMS Moni Apr 13 FO alerts 13-4-2021 3-00-27 pm.png Size: 36 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,064
  • Apr 13, 2021 4:08am Apr 13, 2021 4:08am
London 10AM H4

- buy AUDUSD
Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Aug 13 H4 London 10AM 13-4-2021 5-06-53 pm.png Size: 39 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,065
  • Apr 13, 2021 4:36am Apr 13, 2021 4:36am
[quote = emmanuel7788; 13492571] London 10AM H4 - mua AUDUSD {image} [/ quote]

I had 1 sell order in EURNZD when the 4 o'clock candle has just closed. still running. I have seen resistance at H4. What do you think idol?
  • #118,066
  • Apr 13, 2021 6:25am Apr 13, 2021 6:25am
Quoting Inthebox
{quote} the bounce up was quite strong. didn't expect that. ej down is smoother. gj seems like slowing down approaching asia high.
GJ sell.

Attached Image (click to enlarge)
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ITB - Seeing Orderliness amongst 'Randomness'
  • #118,067
  • Apr 13, 2021 7:16am Apr 13, 2021 7:16am
GU nice downswing after double top. Missed the alert by 2 pips.

Buying to chase the swing simply because of TDI cross is dangerous and easily suffer from drawdown. Look at recent highs and lows for better entry opportunities.

GU AU still haven't cross the support yet. EU also testing trendline support. If considering Buy, it should be done around this level upon rejection confirmation. Whoever bought can hold onto it and observe a while longer still have chance and 45 minutes till candle close.


Attached Image (click to enlarge)
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  • #118,068
  • Apr 13, 2021 10:33am Apr 13, 2021 10:33am
Quoting Inthebox
gbpcad day trading levels. 4 days of down candles. patience and prudence. wide river. {image}
gbpcad result.
classic fib 61.8 retracement of 4 down days.
first sell failed.
Attached Image (click to enlarge)
Click to Enlarge Name: d33cbe080bb59264ffb64f81f4d68377.png Size: 23 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #118,069
  • Apr 13, 2021 11:36am Apr 13, 2021 11:36am
Quoting emmanuel7788
London 10AM H4 - buy AUDUSD {image}
Hi Emma pls I just want to know is it possible to reduce the pairs displayed in the TMS monitor to at least 3 pairs
  • #118,070
  • Apr 13, 2021 1:44pm Apr 13, 2021 1:44pm
In first 10 trade the win rate was 80%. Now win rate move lower.
23 trade is a small sample.

we have to focus on consistency,

Consistency in trading comes from
1. Consistently following a system
2. Stop over analysis.
3. stop following Other people method and analysis.
Attached Image
MA provides the market's current direction and strength.
  • #118,071
  • Apr 13, 2021 6:48pm Apr 13, 2021 6:48pm
Quoting Slingshots1
{quote} Hi Emma pls I just want to know is it possible to reduce the pairs displayed in the TMS monitor to at least 3 pairs

TMS Monitor - PairsToWatch

here is an example to show Big E' three amigos only,

input AUDUSD,EURUSD,GBPUSD ... separated by a comma!

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor PairsToWatch.png Size: 34 KB


Attached Image (click to enlarge)
Click to Enlarge Name: 14-4-2021 7-45-47 am.png Size: 11 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,072
  • Apr 13, 2021 9:23pm Apr 13, 2021 9:23pm
Quoting emmanuel7788
{quote} TMS Monitor - PairsToWatch here is an example to show Big E' three amigos only, input AUDUSD,EURUSD,GBPUSD ... separated by a comma! {image} {image}
Grateful brother
  • #118,073
  • Apr 13, 2021 11:06pm Apr 13, 2021 11:06pm
Quoting Inthebox
{quote} GJ sell. {image}
gj sell continuation.
Attached Image (click to enlarge)
Click to Enlarge Name: 1341da37030bb0ad2a6166ca41e4f1a5.png Size: 18 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #118,074
  • Apr 13, 2021 11:20pm Apr 13, 2021 11:20pm
it has been one month since i started posting bringing my concept to this thread.
it's time for me to stop as i think i have mentioned enough.
for those interested can go to review from 15mar2021 onward.
whether it helps or not i cannot say.
those who get it, get it. those who doesn't, well maybe you will some time later down the road.
it's easier to understand if a trader has experience, harder for newbies.
just want to say that entries made solely based on tdi crosses are missing higher forces at play.
positive trading to all.
ITB - Seeing Orderliness amongst 'Randomness'
  • #118,075
  • Apr 13, 2021 11:25pm Apr 13, 2021 11:25pm
Kiwi RBNZ Rate Statement April 14

News trading M15

- no prediction where price will go after the news released.
- simple rule : wait for the news release and wait till the first spike M15 candle closed
- look for swing high / swing low reversal setup, in these examples, we have the 5-bars/candles swing high and the reversal candle with lots of momentum moving below bar#1 of the 5-bars count.
- use the same MM exit strategy - TP1 10pips, TP2 +25pips, TP3 +35pips and remaining let the market decide.
- use Capital Protection and Candlestick Trailing Stop.

Attached Image (click to enlarge)
Click to Enlarge Name: EURNZD Apr14 M15 news trading.png Size: 31 KB


Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZD Apr14 new trading M15 14-4-2021 12-17-57 pm.png Size: 31 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,076
  • Apr 13, 2021 11:33pm Apr 13, 2021 11:33pm
Quoting hasib
In first 10 trade the win rate was 80%. Now win rate move lower. 23 trade is a small sample. we have to focus on consistency, Consistency in trading comes from 1. Consistently following a system 2. Stop over analysis. 3. stop following Other people method and analysis. {image}

3. stop following Other people method and analysis.

> some people would just trade the TDI cross to cross and consistently lose money.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,077
  • Apr 14, 2021 1:48am Apr 14, 2021 1:48am
TMS V19 EA

when you are not confident in doing your own technical analysis and make trading decisions.

TMS V19 can help you verify simple rules.

Weekly Trend 2/8 is SIDEWAYS

Daily TDIC1 is GREEN bullish

H4 HA candles price action is above its 5EMA

these conditions will support your buy trade plan.

Attached Image (click to enlarge)
Click to Enlarge Name: AU Apr14 H4 V19 14-4-2021 2-41-54 pm.png Size: 76 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EU Apr14 H4 V19 14-4-2021 2-42-11 pm.png Size: 74 KB


Attached Image (click to enlarge)
Click to Enlarge Name: Gu Apr14 H4 V19 14-4-2021 2-42-32 pm.png Size: 77 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,078
  • Apr 14, 2021 1:54am Apr 14, 2021 1:54am
Hi Emmanuel and every one.
I am new in forex and have read some thread on forexfactory, now i am overwhelming with alot of system that in forex.
Could you give me some advice for starting on TMS that i really need to read, as well as the roadmap for me to be good trader based on your experience.
  • #118,079
  • Apr 14, 2021 2:54am Apr 14, 2021 2:54am
Quoting tommydoginti
GU nice downswing after double top. Missed the alert by 2 pips. Buying to chase the swing simply because of TDI cross is dangerous and easily suffer from drawdown. Look at recent highs and lows for better entry opportunities. GU AU still haven't cross the support yet. EU also testing trendline support. If considering Buy, it should be done around this level upon rejection confirmation. Whoever bought can hold onto it and observe a while longer still have chance and 45 minutes till candle close. {image}{image}

Result.

GU is double bottom (LTF) false break down support to confirm a buy upon TDI cross up

Attached Image (click to enlarge)
Click to Enlarge Name: EEA8F11E-B635-4FDB-871C-CFECD1FEBBD4.jpeg Size: 887 KB
Attached Image (click to enlarge)
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  • #118,080
  • Apr 14, 2021 4:41am Apr 14, 2021 4:41am
Quoting emmanuel7788
TMS V19 EA when you are not confident in doing your own technical analysis and make trading decisions. TMS V19 can help you verify simple rules. Weekly Trend 2/8 is SIDEWAYS Daily TDIC1 is GREEN bullish H4 HA candles price action is above its 5EMA these conditions will support your buy trade plan. {image} {image} {image}
Another example how the price action will determine the TDI' RSi green price line slope

- can you describe what you see in the price action on the chart below?

Attached Image (click to enlarge)
Click to Enlarge Name: EA Apr14 H4 V19 BEEOB 14-4-2021 4-04-37 pm.png Size: 85 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EA Apr14 H4 V19 update London 1042am 14-4-2021 5-41-48 pm.png Size: 74 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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