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Trading Made Simple

  • #145,161
  • Jan 10, 2024 4:58am Jan 10, 2024 4:58am
Quoting Inthebox
{quote} that was the OP speaking himself. not everyone can be like him. especially the newbies, the people who are still learning. imagine the newbies having read 2617 posts and see this ............. thereafter why did OP still continue to post the tdi? no, you don't throw the baby out with the bathwater. in times to come, after many years of gathering experience, one can even forget about this thread. one will ultimately find the method that suits himself, his personality.

To all those who consider themselves to be newbies,

the OP made it very clear , this thread is not for you.

He wasn't sure if it is for intermediate+ ...

#3805

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #145,162
  • Jan 10, 2024 5:21am Jan 10, 2024 5:21am
We have a laggard today,

UsdChf Jan10 M15

- its waiting for something to happen

- H4 Price Action will dictate where it will move later,



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #145,163
  • Jan 10, 2024 5:25am Jan 10, 2024 5:25am
TMS Monitor Jan 10 4Hr and 1Hr

- just one look and its time to walk away

- come back when NY Open

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #145,164
  • Jan 10, 2024 7:48am Jan 10, 2024 7:48am
Quoting Inthebox
{quote} that was the OP speaking himself. not everyone can be like him. especially the newbies, the people who are still learning. imagine the newbies having read 2617 posts and see this ............. thereafter why did OP still continue to post the tdi? no, you don't throw the baby out with the bathwater. in times to come, after many years of gathering experience, one can even forget about this thread. one will ultimately find the method that suits himself, his personality.
On the contrary, I think BigE was right that TDI is the heart of the TMS method.

It’s like I can drive across an intersection safely because I know how to check the road before driving. But a traffic light saves my time and effort to do that much, more importantly it simplify the process.

Same for TMS and TDI. #2617 is about BigE could trade without TDI, but TDI is useful in TMS method it simplifies a lot of analysis.

so BigE kept posting TDI signals after #2617

I am trading TMS for profit,
not to be appearing like a “pro” or evolve any strategies by complicating things.

TMS as it is with TDI, is good enough. Both analysing the method and my trading performance with TMS.

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trade well.

====
Trading Made Simple 3 year summary
___________________
TMS Method rules: #144535
Performance track on an account (~950 trades / TMS setups): #144517 #129706, #144,852
TMS entry accuracy: #144,836, #144,853
__________________
  • #145,165
  • Jan 10, 2024 7:55am Jan 10, 2024 7:55am
Quoting tommydoginti
{quote} On the contrary, I think BigE was right that TDI is the heart of the TMS method. It’s like I can drive across an intersection safely because I know how to check the road before driving. But a traffic light saves my time and effort to do that much, more importantly it simplify the process. Same for TMS and TDI. #2617 is about BigE could trade without TDI, but TDI is useful in TMS method it simplifies a lot of analysis. so BigE kept posting TDI signals after #2617 I am trading TMS for profit, not to be appearing like a “pro” or evolve any...
In fact all posters in this thread use TDI green and red line, same for BigE, when trading TMS method.

Someone claiming “trading without TDI” but keep posting TDI signals are just delusional.

The key is to pick the TDI signals that are valid TMS setups.

TDI signals the trade timing as TMS setup is formed, so TMS traders do not need to be checking chart all the time.

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  • #145,166
  • Jan 10, 2024 6:33pm Jan 10, 2024 6:33pm
Quoting tommydoginti
{quote} On the contrary, I think BigE was right that TDI is the heart of the TMS method. It’s like I can drive across an intersection safely because I know how to check the road before driving. But a traffic light saves my time and effort to do that much, more importantly it simplify the process. Same for TMS and TDI. #2617 is about BigE could trade without TDI, but TDI is useful in TMS method it simplifies a lot of analysis. so BigE kept posting TDI signals after #2617 I am trading TMS for profit, not to be appearing like a “pro” or evolve any...
Crypto with TMS method with entries with TDI cross signals

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====
Trading Made Simple 3 year summary
___________________
TMS Method rules: #144535
Performance track on an account (~950 trades / TMS setups): #144517 #129706, #144,852
TMS entry accuracy: #144,836, #144,853
__________________
  • #145,167
  • Jan 10, 2024 8:57pm Jan 10, 2024 8:57pm
Quoting emmanuel7788
{quote} @luong368 when Big E mentioned PA in his posts, he refer to the APB/HA candles and also Japanese candles. #731 >>> Do Not trade small candles {image} Most recent example is GU H4 below {image} ...
I got it!
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Let the bots trade, we just see.
  • #145,168
  • Jan 11, 2024 12:07am Jan 11, 2024 12:07am
Jan 11 London 6am

- the next 4Hr trade window ... post#281

- remember what the OP said: always do a thorough investigation before taking any trade, check other templates, other timeframes, etc. for the best pair and best setups

- the member @arbinka coded this TMS Monitor as a tool to help traders. His recommendation column is according to his personal preferences for the HA candles, 5EMA, and TDI slope value 4.0

- you may have your own preferences, Do Not follow another trader's preferences without knowing his trading style

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #145,169
  • Jan 11, 2024 12:35am Jan 11, 2024 12:35am
Quoting emmanuel7788
{quote} What did you miss today? > a +2R SYD_2H trade > if you risk $500 and make $1000, that's is good money for few hours work {image} ... {image}
Trading Made Simple 5-Method SYD_2H Range Breakout during the first 4Hr Trade window

Jan 11

Did you missed this morning' AU SYD_2H trade setup?

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+4R trade , risk 1R $500 profit 4R $2,000

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #145,170
  • Jan 11, 2024 12:45am Jan 11, 2024 12:45am
Quoting eelfranz
Don't get fired ! Just make the necessary transition to trading 4hr charts during the London session... or Daily charts.

Trading Made Simple 5-Method London 6am

- the Price Action shows big candle, small candles before London 6am ... no momentum ... RSI green price line is mostly flat

- the London 6am 4Hr candle was BUEOB ... the Stoch will cross UP and the TDI will confirm with slope above 6.0

- If you have done your study for 2 years as the OP did in his post #2617, you will develop the confidence in reading the candles and learn the Price Action

- 3lots TMS-II entries all exited at +42pips profit each


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #145,171
  • Jan 11, 2024 12:47am Jan 11, 2024 12:47am
Quoting tommydoginti
{quote} GU sell. TMS price action #647 hinted price movement as previous high was retested but kept rejected. {image} Sell when momentum picked up with TDI green cross red down. SL prev H TP next L {image} {image} ==== Trading Made Simple 3 year summary ___________________ TMS Method rules: #144535 Performance track on an account (~950 trades / TMS setups): #144517 #129706,...
Hi Sir, can you tell me the name of the TardingView Indicator for TDI with aleats. Thank you
  • #145,172
  • Jan 11, 2024 1:17am Jan 11, 2024 1:17am
Jan 11 H1 Frankfurt Open hour

- I love Price Action which shows check-mark MOMENTUM


- time to do a thorough investigation for a trade entry

TMS Monitor

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #145,173
  • Jan 11, 2024 2:02am Jan 11, 2024 2:02am
Quoting emmanuel7788
Jan 11 H1 Frankfurt Open hour - I love Price Action which shows check-mark MOMENTUM - time to do a thorough investigation for a trade entry TMS Monitor {image} ...
Hello sir, could you please telling me where can I get this indicator? I am trading for over 10 years, but still in negative balance, I hope this could help me.
  • #145,174
  • Jan 11, 2024 3:19am Jan 11, 2024 3:19am
Quoting Ooptimistic
{quote} Hello sir, could you please telling me where can I get this indicator? I am trading for over 10 years, but still in negative balance, I hope this could help me.
If I could give you one piece of advice, stop trading with indicators. They are just distractions from what is really happening in price action and almost all consist of mathematical formulas that take data from the past and then give you a certain output. The only problem is that this output has no bearing whatsoever on what will happen to price in the future.
I think you will agree with me, you have been active in the markets for 10 years, but still not profitable. If all the retail concepts really worked, I'm sure you would have found a strategy that works in those 10 years, but you don't seem to have. This alone is the best proof that this whole logic doesn't work...
And besides indicators, you should also disregard all the stuff with "support & resistance", trendlines, harmonic animal patterns and whatever else there is in the retail world. Now you might be asking yourself "Yeah, what should I look at then?"
Go to YouTube and search ICT (Inner Circle Trader) and start with the 2022 Mentorship Playlist and give it maybe 3 months. If you're still not convinced that the market works this way, you can go back to looking for any indicators.... But you really need to get behind it, take notes and backtest the concepts presented.


It is by no means easy to understand this, only if trading was really easy (like putting a few indicators on the chart that tell you when to buy and sell, everyone would already be a millionaire, but apparently this is not the case....)
So give it a chance, see for yourself, and if you come to the conclusion that it's not for you, then that's fine too. But I'm telling you, if you really dig into it, you'll see that everything you've learned so far about indicators, buying and selling pressure and other things has all been misinformation
Don't believe in Harmonic Animal Patterns
  • #145,175
  • Jan 11, 2024 7:05am Jan 11, 2024 7:05am
Quoting Artikel
{quote} If I could give you one piece of advice, stop trading with indicators. They are just distractions from what is really happening in price action and almost all consist of mathematical formulas that take data from the past and then give you a certain output. The only problem is that this output has no bearing whatsoever on what will happen to price in the future. I think you will agree with me, you have been active in the markets for 10 years, but still not profitable. If all the retail concepts really worked, I'm sure you would have found...

...

its going to be good ...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #145,176
  • Jan 11, 2024 7:06am Jan 11, 2024 7:06am
Quoting Ooptimistic
{quote} Hello sir, could you please telling me where can I get this indicator? I am trading for over 10 years, but still in negative balance, I hope this could help me.
OK.

I have a lot to explain and to help you.

Stay tuned!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #145,177
  • Jan 11, 2024 7:10am Jan 11, 2024 7:10am
Quoting emmanuel7788
Jan 11 H1 Frankfurt Open hour - I love Price Action which shows check-mark MOMENTUM - time to do a thorough investigation for a trade entry TMS Monitor {image} ...

Jan 11 New York Open

- this 1Hr is during the active 4Hr trade window

- we have CPI data release soon


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #145,178
  • Jan 11, 2024 7:11am Jan 11, 2024 7:11am
Got alert before CPI release! Green crossed Red from above. HA Doji!
Let's check!
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Let the bots trade, we just see.
  • #145,179
  • Jan 11, 2024 7:22am Jan 11, 2024 7:22am
Quoting luong368
Got alert before CPI release! Green crossed Red from above. HA Doji! Let's check! {image}
GU H4

Same as the downtrend opportunity is forming.
Just I would look for price retesting next prev high as the one that price is currently retesting has a weak last reversal. (Post #647 price action)

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  • #145,180
  • Jan 11, 2024 7:23am Jan 11, 2024 7:23am
Quoting luong368
Got alert before CPI release! Green crossed Red from above. HA Doji! Let's check! {image}
GU Jan11 M15 ... US CPI

> toss a coin,...

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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