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Trading Made Simple

  • #118,841
  • May 14, 2021 3:42am May 14, 2021 3:42am
Quoting emmanuel7788
EURUSD Friday May 14 Sydney 9AM - {image} which system do I trade this Market Type? > TMS, TMS-II, TMS EVO or TMS_EVO_IX?
Attached Image (click to enlarge)
Click to Enlarge Name: EU May14 H4 V19 14-5-2021 7-04-10 am.png Size: 74 KB


Did you catch the H4 IB breakout? That a whopper.

@TMSTDI Watchdog shows the bounce 4.8 to support your trade decision of the IB breakout.

Attached Image (click to enlarge)
Click to Enlarge Name: EU May14 whopper 14-5-2021 4-40-13 pm.png Size: 75 KB

trade once every 4hr does pay when you are DISCIPLINED and know what to pick and trade.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,842
  • May 14, 2021 4:24am May 14, 2021 4:24am
Quoting emmanuel7788
{quote} see this old post https://www.forexfactory.com/thread/...7#post12877117
Ok I did it. looks a lot better. thank Bro. EURNZD found the high of the day on the first LO candle and is now looking for the low of the day. i missed.
The 4 o'clock candle closes and I go out. It's very nice to set the EN to go short, brother ( H1 and H4 ).
What do you think about this EN command?
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  • #118,843
  • May 14, 2021 4:34am May 14, 2021 4:34am
Quoting mistdraw28
{quote} Ok I did it. looks a lot better. thank Bro. EURNZD found the high of the day on the first LO candle and is now looking for the low of the day. i missed. The 4 o'clock candle closes and I go out. It's very nice to set the EN to go short, brother ( H1 and H4 ). What do you think about this EN command? {image}

you see the H1 PCRF setup (Phx62) ... BRN 1.6800 just below and PPA on your H1 chart.


this is a volatile pair ... ATR(H4) is 46 pips.

Weekly pull back... can scalp.

V19 information
Attached Image (click to enlarge)
Click to Enlarge Name: EN May14 H4 V19 14-5-2021 5-33-04 pm.png Size: 99 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,844
  • May 14, 2021 5:00am May 14, 2021 5:00am
Quoting emmanuel7788
{quote} you see the H1 PCRF setup (Phx62) ... BRN 1.6800 just below and PPA on your H1 chart. this is a volatile pair ... ATR(H4) is 46 pips. Weekly pull back... can scalp. V19 information {image}
Thanks for your useful information. I got a better view of my chart. Phx62 I read and charted the same way he trades H1 and has some extra tools. but it's still a bit messy to look at
What are the MA lines in your W chart?
  • #118,845
  • May 14, 2021 5:11am May 14, 2021 5:11am
Enter trades only when RR is >1. You’ll have more room of error and early exit is needed.

One practical way to know your RR is lose a trade straight to initial SL and see how long it takes to recover.

Trade well

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  • #118,846
  • May 14, 2021 6:40am May 14, 2021 6:40am
Quoting mistdraw28
{quote} Thanks for your useful information. I got a better view of my chart. Phx62 I read and charted the same way he trades H1 and has some extra tools. but it's still a bit messy to look at What are the MA lines in your W chart?
Learning to spot PA setups is very important when you want to reach a higher level trading Big E' 5-Method and once day trade without the Stoch and TDI (Post#2617).
It is also the big step towards trading with TMS_EVO.

EURNZD H4 - Pullback candle by X-Man

Attached Image (click to enlarge)
Click to Enlarge Name: EN May14 H4 PullBack candle setup 14-5-2021 7-29-43 pm.png Size: 50 KB

EURNZD H1 - PCRF by Phx62

and also the 5bars swing high REVERSAL in Big E' original thread.

Attached Image (click to enlarge)
Click to Enlarge Name: EN May14 H1 PCRF 14-5-2021 7-31-13 pm.png Size: 27 KB

same price action and different traders gave different names to these same price action

- higher high higher low > higher high higher low > higher high lower low ... some call that 2b

- I simply call the last one bearish engulfing outside bar BEEOB

everything must happen at a key support/resistance
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,847
  • May 14, 2021 6:48am May 14, 2021 6:48am
Quoting mistdraw28
{quote} Thanks for your useful information. I got a better view of my chart. Phx62 I read and charted the same way he trades H1 and has some extra tools. but it's still a bit messy to look at What are the MA lines in your W chart?

The Weekly MAs are :

- the 5-Method' 5EMA, Typical Price, Shift+2.

- the blue and red MAs are the Trend 2/8 discussed in 2011.

The Trend 2/8 is important when we trade TMS_EVO and current TMS_EVO_IX. Both these strategies are medium to long term swing trading with a Money Management Strategy and can yield Reward-to-Risk between 10:1 and 15:1.
Basically it is a system strategy trading with low risk ideas and it is system thinking trading approach.

see this post link:
https://www.forexfactory.com/thread/...9#post12871149
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,848
  • May 14, 2021 6:56am May 14, 2021 6:56am
Quoting emmanuel7788
{quote} my pick for today H1 trading EURGBP while EURUSD and GBPUSD having its 'push-and-pull'.

well today pick the correct pair was easy Follow H4

EG May 14 H1 trades closed.

- small win contributes 12% to my daily average target of my 3-years trading cycle.

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP May14 H1 trades closed 14-5-2021 7-51-43 pm.png Size: 61 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,849
  • May 14, 2021 7:11am May 14, 2021 7:11am
US Retail Sales data in 20 mins.

expect for some volatility to fill orders ... both ways, it wont change the market type

USDJPY May 14 H4

Attached Image (click to enlarge)
Click to Enlarge Name: UJ May14 H4 retail sales 14-5-2021 8-07-39 pm.png Size: 83 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,850
  • Edited 9:03am May 14, 2021 8:44am | Edited 9:03am
Quoting emmanuel7788
{quote} well today pick the correct pair was easy Follow H4 EG May 14 H1 trades closed. - small win contributes 12% to my daily average target of my 3-years trading cycle. {image}
Great ! Make money every time. I see EG price is below 200 EMA H1 & H4, but TDI and stoc H1, Price between high and low yesterday, both show that When he entered, both were in favor of Buy
  • #118,851
  • May 14, 2021 1:15pm May 14, 2021 1:15pm
Manual trading Do not work!!!
Day trading Do not work!!!!
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MA provides the market's current direction and strength.
  • #118,852
  • May 14, 2021 2:13pm May 14, 2021 2:13pm
Quoting hasib
Manual trading Do not work!!! Day trading Do not work!!!! {image}
Hello, there
Just curious.... have you ever posted any live trading in FF just like Emmanuel or RJ? To be honest, hindsight tradings don't impress anyone these days in TMS thread...... Just two cents.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #118,853
  • May 14, 2021 3:11pm May 14, 2021 3:11pm
Quoting heispark
{quote} Hello, there Just curious.... have you ever posted any live trading in FF just like Emmanuel or RJ? To be honest, hindsight tradings don't impress anyone these days in TMS thread...... Just two cents.
Attached Image (click to enlarge)
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MA provides the market's current direction and strength.
  • #118,854
  • May 14, 2021 3:22pm May 14, 2021 3:22pm
Quoting emmanuel7788
{quote} hi mistdraw there are days when the previous Day low can be broken too. It all a part of the learning experience. There is no 100% no matter how good the setup looks when we see them live in realtime market. Therefore I have 20 pairs to pick from and I trade several pairs during the my trading session/ hours. yesterday was a good day as I closed those trades I posted here, some with re-entries after being stopped out. day-trading contributed 63% to my daily average of my combined system strategy using basic TMS 5-Method. You need to look...

emmanuel...how long have u been DEMOING this TMS/TDI system...??
  • #118,855
  • May 14, 2021 9:31pm May 14, 2021 9:31pm
Quoting beatentrader
{quote} emmanuel...how long have u been DEMOING this TMS/TDI system...??

hey Amarjit Singh

Good that you ask me that question in this thread. I will post a detailed reply later.

I will reply your PM later this weekend. I have a backlog of PMs to reply first then I will come to your question.

I think your H4 trades went very well this week.
https://www.forexfactory.com/thread/...0#post13537120

Good trading ...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,856
  • May 14, 2021 9:36pm May 14, 2021 9:36pm
Quoting hasib
{quote}
Attached Image (click to enlarge)
Click to Enlarge Name: hasib us30 chart 15-5-2021 10-32-39 am.png Size: 66 KB


{image}

hi hasib

I see there are lots of price gaps when trading US30 and the TDI#25 cannot address these price gaps 'fast enough'.

Therefore using candlesticks or bar price action is the way trade this type of market.

Your sell trade is a good example the 123 and 2b type of trading and followed with an Inside Bar breakout setup....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,857
  • May 14, 2021 9:45pm May 14, 2021 9:45pm
Quoting emmanuel7788
{quote} hi hasib I see there are lots of price gaps when trading US30 and the TDI#25 cannot address these price gaps 'fast enough'. Therefore using candlesticks or bar price action is the way trade this type of market. Your sell trade is a good example the 123 and 2b type of trading and followed with an Inside Bar breakout setup.... {image}
hey TMS Folks

to those of you who are open-minded and want to advance farther to trade price action with Big E original Trading Made Simple, you can learn some of the stuff by Joe Ross -

The Law of Charts TLOC ... Joe Ross Forex

{download link} here

You only need learn and master a few of Joe Ross' "Traders Trick Entries" aka TTEs and when you see TTEs and know how to use the Stoch and RSI/MA or even the Traders Dynamic Index newer version as your trading tools, your trading performance will improve with higher probability trade setups. You can see improved performance after 1,000 trades and you can then analyze the true Reward to Risk ratio of your winning trading system.

Give this a consideration and to become better traders.

Do Not stop learning and improving just because the OP died in 2012. If you do stop learning, you have that #463# Limitation which is like a virus.


Trade Well.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,858
  • May 15, 2021 8:07am May 15, 2021 8:07am
Quoting bonzdoc
I am new to this thread and trying to download the indicators to the mt4 platform. The only one that is not working is the 5ma tdi.tpl. Is this supposed to show up in the template or indicator file? I have tried both and it doesn't seem to be working. Anybody have an idea what I am doing wrong? Thanks!
Hi I am also facing the same situation. i copied and pasted it in the templates folder, but cant find 5ma, someone please help me .
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  • #118,859
  • May 15, 2021 10:53am May 15, 2021 10:53am
Quoting trungnguyen3
{quote} Hi I am also facing the same situation. i copied and pasted it in the templates folder, but cant find 5ma, someone please help me . {image}
Quoting bonzdoc
I am new to this thread and trying to download the indicators to the mt4 platform. The only one that is not working is the 5ma tdi.tpl. Is this supposed to show up in the template or indicator file? I have tried both and it doesn't seem to be working. Anybody have an idea what I am doing wrong? Thanks!
Download and use all files in post#25.
els
Attached Image
  • #118,860
  • May 15, 2021 11:04am May 15, 2021 11:04am
Thanks sir
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