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Trading Made Simple

  • #122,001
  • Edited 3:57pm Jul 6, 2021 3:39pm | Edited 3:57pm
PM Q&A

Q. referring to my post 121,926 and this picture below.


Attached Image


- this picture will explain one simple way to use of TMS_V19

Attached Image (click to enlarge)
Click to Enlarge Name: TMS_V19 info and alert18-11-2020 8-41-02 am.png Size: 278 KB

best trades taken when the PA follows the Weekly Trend 2/8 and the TDIC1 Daily is bullish.

if Weekly Trend 2/8 is sideways (Blue) check the weekly range.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #122,002
  • Jul 6, 2021 4:07pm Jul 6, 2021 4:07pm
*** LIVE Trading *** Wednesday July 07

- as of Sydney 9am now

- nothing to trade, check the Sydney 2H high low and prepare to trade the SYD_2H for these pairs only AU, AJ and UJ.

- wait for Tokyo to open

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Jul 07 H1 Sydney 9am 7-7-2021 7-04-02 am.png Size: 33 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #122,003
  • Jul 6, 2021 4:14pm Jul 6, 2021 4:14pm
Quoting emmanuel7788
*** LIVE Trading *** Wednesday July 07 - as of Sydney 9am now - nothing to trade, check the Sydney 2H high low and prepare to trade the SYD_2H for these pairs only AU, AJ and UJ. - wait for Tokyo to open {image}

*** LIVE Trading *** Wednesday July 07

AU

Attached Image (click to enlarge)
Click to Enlarge Name: AU Jul 07 M15 narrow range 7-7-2021 7-09-57 am.png Size: 66 KB


AJ

Attached Image (click to enlarge)
Click to Enlarge Name: AJ Jul 07 M15 narrow range 7-7-2021 7-11-18 am.png Size: 66 KB


UJ

Attached Image (click to enlarge)
Click to Enlarge Name: UJ Jul 07 M15 narrow range 7-7-2021 7-10-40 am.png Size: 64 KB


as we see now, these pairs are in narrow range. look at the H4 high-low, and the potential for breakouts today.

so we wait for H4 trades and at the suitable time of day.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #122,004
  • Jul 6, 2021 4:25pm Jul 6, 2021 4:25pm
Quoting hasib
Look at this thread people are trading tops and bottoms every day and making good profit. They are trading RN, Fibo s&R. I have tried many times to trade like them I fail again and again. I started to read post by post I have learn few tips and tricks but. I fail to do like them. I have to say some time I can pick few trade like them but most of the time I fail to pick tops and bottoms. I found My win rate fall significantly when I trade like...
Yes. WE trade S&P500 Index , and we only need to trade 1 to 3 hours during the US session and watching the price levels and taking the trades.

It is known as the Rocket Method by a CME trader.

"Concept of Price" ... COP.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #122,005
  • Jul 6, 2021 4:40pm Jul 6, 2021 4:40pm
Quoting emmanuel7788
*** LIVE Trading *** Wednesday July 07 - as of Sydney 9am now - nothing to trade, check the Sydney 2H high low and prepare to trade the SYD_2H for these pairs only AU, AJ and UJ. - wait for Tokyo to open {image}

Day Trading AJ example:

July 07

- there is the big H4 candle yesterday (~100 pips range)
- we must be aware of that big candle and intra-day correction can go deep into that candle
- a short-term trade into that H4 big candle can give 30 to 50 pips depends on the depth of the correction.

- or if you prefer, and follow the TDiC1 Daily, you wait for the correction and look for sell at the 50% and 70% level of the H4 big candle.

- Note the Weekly Trend 2/8 is sideways and from your WTDA, you know this market condition already. WE have a WCC 84.93 and 82.42 range. And those MN key levels.

Attached Image (click to enlarge)
Click to Enlarge Name: AJ Jul 07 H4 big candle 7-7-2021 7-32-40 am.png Size: 73 KB
Attached Image (click to enlarge)
Click to Enlarge Name: AJ Week 27 Jul 07 Big Picture 7-7-2021 7-39-47 am.png Size: 25 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #122,006
  • Jul 6, 2021 4:54pm Jul 6, 2021 4:54pm
The Fed is a laggard, now discussing when and how to taper QE. The ECB is an even bigger laggard, as inflation begins to rage.

https://wolfstreet.com/2021/07/06/ba...rging-markets/

watch the Yen !
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #122,007
  • Jul 6, 2021 5:32pm Jul 6, 2021 5:32pm
Big E on stack TDI

Feb 17, 2011

Quoting eelfranz
The last video by Dean on the TDI without the red line... I'm going to stack TDI's and check it out...
Try that and learn something.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #122,008
  • Jul 6, 2021 5:56pm Jul 6, 2021 5:56pm
Quoting emmanuel7788
{quote} *** LIVE Trading *** Wednesday July 07 AU {image} AJ {image} UJ {image} as we see now, these pairs are in narrow range. look at the H4 high-low, and the potential for breakouts today. so we wait for H4 trades and at the suitable time of day.
*** LIVE Trading *** Wednesday July 07

UJ Jul 07 H1

- quick TP1 +10pips when Tokyo Open

- now THV CaveManager EA will manage the rest of the positions with CSTSL


Attached Image (click to enlarge)
Click to Enlarge Name: UJ Jul 07 H1 trade update TP1 7-7-2021 8-54-05 am.png Size: 39 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #122,009
  • Edited 6:23pm Jul 6, 2021 6:09pm | Edited 6:23pm
Quoting emmanuel7788
The Fed is a laggard, now discussing when and how to taper QE. The ECB is an even bigger laggard, as inflation begins to rage. https://wolfstreet.com/2021/07/06/ba...rging-markets/ watch the Yen !

*** LIVE Trading *** Wednesday July 07

JPY pairs Jul 07 H1 at Tokyo 10am

- pick one of four!

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Jul 07 H1 JPY sell 7-7-2021 9-06-08 am.png Size: 35 KB


Tokyo 10am is also the H4 new candle period.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #122,010
  • Jul 6, 2021 8:50pm Jul 6, 2021 8:50pm
Quoting emmanuel7788
{quote} {image} we do not predict the market therefore we trade what we see. we can see the previous price 4H highs and lows - can we? we can see the time when NY Open and the remaining time to the 4hr close - can we? in the first chart above, can you see the swing low? then we wait for the H4 to complete to see the H4 high. what happens next is all about higher high higher low or lower high lower low, do you agree? {image}
LOL
To free Gazans of Hamas, use whatever it takes.
  • #122,011
  • Jul 6, 2021 8:52pm Jul 6, 2021 8:52pm
Quoting emmanuel7788
PM Q&A Q. referring to my post 121,926 and this picture below. {image} - this picture will explain one simple way to use of TMS_V19 {image} best trades taken when the PA follows the Weekly Trend 2/8 and the TDIC1 Daily is bullish. if Weekly Trend 2/8 is sideways (Blue) check the weekly range.
LOL
To free Gazans of Hamas, use whatever it takes.
  • #122,012
  • Jul 6, 2021 10:17pm Jul 6, 2021 10:17pm
Quoting emmanuel7788
{quote} "Don't be afraid to trade the Dailies for you working guys and gals. They generally have nice runs per reversal.... give it a try...." {quote} "When green crosses red I'll stay in until green crosses red again....enter if the candles are medium length or larger..." TMS Monitor Jul 07 Daily Sydney Open - do we have Daily trades? REVERSALs and CONTINUATIONs. - we have seen Monday and Tuesday Daily candles, we can trade these MO TU candles. {image}

TMS Monitor Jul 07 Tokyo 2PM 10PM PDT Big E 4hr trading

- nothing on H4 to pick right now and we know the general direction of the Weekly, Daily and the H4 PA above / below its 5EMA.

- wait for Frankfurt Open and look for H1 setups

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Jul 07 H1 Tokyo 2pm 10PM PDT 2PM 7-7-2021 1-11-29 pm.png Size: 33 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #122,013
  • Jul 6, 2021 11:06pm Jul 6, 2021 11:06pm
Quoting DrDave
An astute IMT trader noticed that there seems to be a very good correlation between the IMT MTF indicator lines and the TDI lines. How can that be, when they are based on different calculations? Well, as I have said before, most indicators that are commonly used have price as the underlying input, and of those indicators, many of them arrive at nearly the same visual output by simple parameter adjustment. Here, the TDI red, green, yellow are strongly correlated with the IMT MTF lines green/red, yellow/magenta, and green/brown. DID YOUR LIGHTBULB...
Hi Dave,

some technical question to your HTF indicators sampling mechanism. As I noticed the slope change of your lines in this chart.

In the past I have coded indi to overlay MTF information for cross TF analysis. I have experimented a few approaches

1. Sample OHLC from current TF, and extend period (of, eg, moving average) to make up to HTF multiplier
2. Take OHLC from respective candles that make up the HTF candle. Eg to construct H1 info from m15 chart, at :45, O is open of first :00-:15 candle of the hour, C is the last candle close (current price before :00), HL as HL in that hour. Indi becomes tick-update
3. Code to sample at HTF candles, so values only refresh at the time of HTF candle close (eg only update values at :00). Indi analysis must be at HTF candle close.
4. For average price analysis only: average price of all candles comprising the HTF candle, yielding a slightly different value.

I personally found each has good use over others in different applications, so would like to hear your experience too.

Thanks and trade well
  • #122,014
  • Jul 7, 2021 2:12am Jul 7, 2021 2:12am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20210707-151031_cropped.png Size: 159 KB
MA provides the market's current direction and strength.
  • #122,015
  • Jul 7, 2021 2:20am Jul 7, 2021 2:20am
Inserted Video
MA provides the market's current direction and strength.
  • #122,016
  • Jul 7, 2021 3:00am Jul 7, 2021 3:00am
Quoting hasib
{image}
That is one man's view from his particular implementation of "chart reading" of stock charts. For example,
Quote
Any general stock chart is a combination of countless different patterns and its accurate analysis depends upon constant study, long experience and knowledge of all the fine points, both technical and fundamental, ...
If we accept the premise that "chart reading" as he defined above applies broadly to most trading regimes, then in my implementation, knowledge of fundamentals is not required. In addition, I have no need for "countless different patterns".

It would not surprise me if application of the "80:20 rule", that in this case would be that 80% of his accuracy is derived from 20% of his input, then it is highly likely that SIGNIFCANT amounts of his analytical criteria can be eliminated with little impact on accuracy. In other words, he likely has overcomplicated his system. For example, having "countless different patterns" sounds like the first place from which to trim redundancy and/or insignificant material.
To free Gazans of Hamas, use whatever it takes.
  • #122,017
  • Jul 7, 2021 3:37am Jul 7, 2021 3:37am
Have you heard that small TFs, like M15 or M5, are just a bunch of noise that can't be traded successfully? That is just from either the folks that can't do it or from the folks that just parrot back what other say.
Here is GBPUSD M5.
The REVOLUTIONARY IMT EVOLUTION of TMS enables trading all TFs a breeze!
Here, we can see that the entry is on HA bar 3. Even though TDI green has not yet crossed up on red, it is headed in the right direction and this is an up continuation anyway, so no problem.

Should I try to fool you, like some others do, and just call this,
*** LIVE Trading *** Wednesday July 07 ?

Attached Image
To free Gazans of Hamas, use whatever it takes.
  • #122,018
  • Jul 7, 2021 4:07am Jul 7, 2021 4:07am
Quoting emmanuel7788
{quote} TMS Monitor Jul 07 Tokyo 2PM 10PM PDT Big E 4hr trading - nothing on H4 to pick right now and we know the general direction of the Weekly, Daily and the H4 PA above / below its 5EMA. - wait for Frankfurt Open and look for H1 setups {image}

TMS Monitor Jul 07 2AM PDT Big E 4hr trading

- nothing to catch on H4 but H1 has a few setups.

Attached Image (click to enlarge)
Click to Enlarge Name: 7-7-2021 5-15-54 pm.png Size: 38 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #122,019
  • Jul 7, 2021 4:10am Jul 7, 2021 4:10am
Quoting emmanuel7788
{quote} TMS Monitor Jul 07 2AM PDT Big E 4hr trading - nothing to catch on H4 but H1 has a few setups. {image}

GU Jul 07 H1

- today being Wed, trading the Mon Tue candles price action

- Tue Daily was a spinning top, so I try catch the spin ... it goes down and it goes up .... at BRN 1.3800

-sell and buy ... follow Big E 5-Method


Attached Image (click to enlarge)
Click to Enlarge Name: GU Jul 07 H1 trades closed and open 7-7-2021 7-02-43 pm.png Size: 48 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #122,020
  • Jul 7, 2021 4:12am Jul 7, 2021 4:12am
Quoting emmanuel7788
{quote} TMS Monitor Jul 07 2AM PDT Big E 4hr trading - nothing to catch on H4 but H1 has a few setups. {image}
EA Jul 07 H1 trades

- same trading based on Daily price action MoTu candles formed a 'double top'

- Tue Daily was a 'huge hammer' so I look to sell

- got stopped out and did re-entry

Attached Image (click to enlarge)
Click to Enlarge Name: EA Jul 07 H1 trading the MoTu hammer 7-7-2021 7-00-19 pm.png Size: 40 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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