DislikedThis kind of market conditions you will find in all chart at some point. {image}Ignored
Attached Image (click to enlarge)
- #121,762
- Edited 3:23pm Jul 1, 2021 3:09pm | Edited 3:23pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} You should ask your hero Emmanuel those questions.
@Tekkies
those are simple questions and require only simple answers.
I'll answer them anyway ... later today.
But tell us what do you think of this 2018 performance below. It's one of my trading system account.
You can ask me any question about this too.
Have a nice day!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #121,763
- Jul 1, 2021 3:23pm Jul 1, 2021 3:23pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} thanks for sharing your valuable experinces ,tested stuff,i really appreciate that but i have seen u direct us to use many EAs for managing trades like cavemanager,steveHopwood,tms19 and now EVo etc etc
I did not direct you all to use many EAs. I post to reply to questions asked here and in PMs. When using PMs, I cannot attached charts, etc.
You have to post and ask specific questions and with charts, this is the way I can help you like I help others. I replied to you post already and I repeat these below.
Different EA trade managers work differently and you have to decide which EA trade manager you want to use.
Different trading tools like the TMS_V19 and TMS Monitor will help you with some of the 5-Method trade setup alerts. You have to decide on the types of trade setups and time of day you trade.
https://www.forexfactory.com/thread/...0#post13608380
===================================
@T4Trade
Now @T4Trade let me ask you - how many posts and questions did you ask me and I did not reply?
Many of my replies here were to help other members who PMs their questions on different topics and one different trading tools, etc.
Which EA you want to use depends on you and how much experience you have in using EAs.
1) If you trade like Big E and want to manage single entry trade, use TRHV CaveManager.
2) If you want to trade just one single currency pair with multiple entries and multiple exits, then use MPTM.
3) If you want to trade a basket currency pairs, your can also use MPTM or better use one of the basket trade manager EA like APTM.
4) If you want to trade semi-auto and pick directional trading, use Blessing3 with only specific features activated.
5) If you want to trade TMS_EVO_IX, you have a lot more to learn about running 2), 3) and 4) above. And when you have good grasp of these EAs, then developing your own EA would be your own project development and I will be here to contribute from my experience. If people here do not want to learn, I shall keep everything to myself and share with those in their own telegram groups.
The other EAs - TMS_v19, TMS Monitor, etc. are just trading tools we use to help us when we are looking for trades.
You have to decide what you want to learn and what you want to use to help you make your trading life a lot easier and to make money.
Have Fun. Stay Safe.
==================================
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #121,764
- Jul 1, 2021 3:28pm Jul 1, 2021 3:28pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} 'shadow' trading Ahhhhh, of course. "Shadow trading" explains how he has managed to show so many positive trade outcomes lately! Just check "shadow trading" and it will be clear to you, too! He probably got "shadow trading" that he stumbled upon way back in 2012 confused with his recently discovered "shadow...
LOL.
@'Dr'Dave
You fake guru do not know what shadow trading is. You are way off target in your use of Google search.
It is very simple, in fact too simple even Big E did not have to explain to members here.
Now back to the basics of Japanese candlestick #Lesson1#
EU and GU at NYO month-end 'shadow' trading {image} {image}
Stay Tuned for #Lesson2#
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #121,765
- Jul 1, 2021 3:39pm Jul 1, 2021 3:39pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Hi everyone! Had a bit of a free time today, so I checked the opening of the last H4 candle and found these setups: I hope no one minds me adding these, I thought about posting some shots every time I place a trade so I can get feedback from you guys. Thank you! {image} {image} {image}
1) I like your EA MagicKeys.
2) Trading the 4hr charts like the OP Big E.
3) Good clean trading charts. That's the way to go.
4) Careful with the trading hours when you trade the 4hr. Big E trade the 10PM, 2AM entries only and close at 6AM.
5) I see consolidation and you traded in consolidation -
USCAD and AUDCAD.... both H4 price action are in consolidation, market is sideways range bound.
EURUSD - Weekly Trend is DOWN, Daily TDI is also bearish
Also you did not consider checking the Daily TDI when you look for H4 trade setups.
You know the risks and have to mitigate those risks.
Good post!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #121,766
- Jul 1, 2021 3:54pm Jul 1, 2021 3:54pm
- | Membership Revoked | Joined Jun 2011 | 9,885 Posts
{quote} LOL. @Tekkies those are simple questions and require only simple answers. I'll answer them anyway ... later today. But tell us what do you think of this 2018 performance below. It's one of my trading system account. You can ask me any question about this too. {image} Have a nice day!
To free Gazans of Hamas, use whatever it takes.
- #121,767
- Jul 1, 2021 3:57pm Jul 1, 2021 3:57pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #121,768
- Jul 1, 2021 4:00pm Jul 1, 2021 4:00pm
- | Membership Revoked | Joined Jun 2011 | 9,885 Posts
To free Gazans of Hamas, use whatever it takes.
- #121,769
- Jul 1, 2021 4:02pm Jul 1, 2021 4:02pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} 《yawn》
LOL.
We all know it is boring for you fake guru. Nobody visit your failed thread TDA with IMT nor ask you any question here because they all know you are a fake and you are here to entertain us with your ignorance about the markets and how to trade the markets.
Now learn about shadows - upper shadow and lower shadow.
when you have figured that out,
then one day you can also achieve this trading consistency and you can start trading live with real money... say start with USD10,000 and make 1% to 2% per month. If you want more, that is simple too, trade a USD100,000 account and make 1.5% average per month
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #121,770
- Jul 1, 2021 4:03pm Jul 1, 2021 4:03pm
- | Membership Revoked | Joined Jun 2011 | 9,885 Posts
To free Gazans of Hamas, use whatever it takes.
- #121,771
- Jul 1, 2021 4:04pm Jul 1, 2021 4:04pm
- | Membership Revoked | Joined Jun 2011 | 9,885 Posts
{quote} hi Seenty 1) I like your EA MagicKeys.
To free Gazans of Hamas, use whatever it takes.
- #121,772
- Jul 1, 2021 4:06pm Jul 1, 2021 4:06pm
- | Membership Revoked | Joined Jun 2011 | 9,885 Posts
To free Gazans of Hamas, use whatever it takes.
- #121,773
- Jul 1, 2021 4:07pm Jul 1, 2021 4:07pm
- | Membership Revoked | Joined Jun 2011 | 9,885 Posts
To free Gazans of Hamas, use whatever it takes.
- #121,774
- Jul 1, 2021 4:09pm Jul 1, 2021 4:09pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #121,775
- Jul 1, 2021 4:10pm Jul 1, 2021 4:10pm
- | Membership Revoked | Joined Jun 2011 | 9,885 Posts
To free Gazans of Hamas, use whatever it takes.
- #121,776
- Jul 1, 2021 4:11pm Jul 1, 2021 4:11pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} (Poor old Vincent--CLUELESS!)
Thanks for another early morning laughs.
Got to go now for my daily run and get some fresh ocean air.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #121,779
- Jul 1, 2021 6:59pm Jul 1, 2021 6:59pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Thanks to the contributors......
Thanks to the contributors of this thread. I just want to post my views on this system and also differentiate it from the original Dean Malone's CompassFX system. I hope this won't offend anyone who has devoted hours trying to achieve better results using the TMS method. I want to share with you honestly what I think works better than what really doesn't work according to my trading approach. Some might say that I have no FF experience due to my posts number but I'd rather stay sidelined and read everything I need to know.This thread grabbed my eye and then I came across Dean Malone tutorials which helped me to discern his method and this one. My decision to write this post is to contribute at least with my simple knowledge and humble experience. What I mean is ,
I think this method has a general fundamental flaw because:
1. It uses 4hour charts which give more sliggish information than lower timeframes ones. 4h charts at this time of the year when traders are starting their holidays(less volatility) are risky overall pictures of the market. Often times,not always you may find that a buy/sell order was taken on a 4h chart when a 15 min chart of the same cross shows a countermove. If the last one goes along with a major news this 4hour trade looks broken from its start while you might have had time to prevent this if you had switched earlier to the lower 15 min tf.
2. it uses one instead of two 5 MAs(smoothed high and smoothed low) which act as a shield against rangebound market activity as we saw this week chf/jpy, eur/jpy and aud/jpy price action. Break above or below those two MAs could be considered a valid entry signal in accordance with the other indicators' parameters.
Break above or below a single line gives an account of two market conditions - uptrend or downtrend. Reality is different - there is one more market condition - consolidation. Then comes the two 5 MAs which prevent from entering when traders don't know what would happen next and price stays in the "channel" between the averages.
3. The original TDI indicator uses not two(green and red) but five (green,red,yellow and two blue) lines. I don't understand what's the point of not using the yellow one which gives the average of the green and red ones. Green break above the yellow,red and 50 lines are logical decision of the marketplace to head north and vice versa for the south.
4. I don't understand what's the point of arguing how much was the TDI indicator's green line angle - was it 4.5 or 5 or 5.5... as this only shows market's trend strength not the duration of it as we all know that a trend is a consistent price move in one direction.
Once again these are my thoughts made from experience. I don't want to offend anybody by this but only to get this discussion to a more thorough understanding based on extensive research.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #121,780
- Jul 1, 2021 7:18pm Jul 1, 2021 7:18pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} Yes i like to conclude maybe i can get my point to you because obviously you dont see what i see. Well Tommy, when i did post a chart you and your friends called my post irrelevant clutter invited me to leave called me a mouse who plays, your people are better than my people... And that's only on me, i see that you are doing this to many others for months, a page of the thread has 20 posts on it, you will see like 15 posts are about you and your friends harrassing someone and 5 about actual trading. {quote} Yes, I will have no more of it,...
just put all the trolls in your Ignore List as Twee recommended many people when he receives complaints about the trolling in this thread. If anyone breaches the Code of Conduct, just use the forum #Cleanup and FF Admin will handle the #Cleanup reports.
with the trolls in your Ignore List, you don't see their posts and you don't have to care nor reply them.
Just continue to post your trading charts here and let others share their trades too and we discuss trading here.
I have been here since 2012, I have seen the trolls come and go. Do you see any in my Ignore List? I have developed my immune system and these trolls helped and make me a better trader every day. Its like the market noise, I cut out the noise when I trade.
Trade Well. Stay Safe.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett