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Trading Made Simple

  • #148,021
  • Sep 9, 2024 5:10pm Sep 9, 2024 5:10pm
Hi all,
Trying to find the correct set up for my 5ema. Is this looking alright?
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  • #148,022
  • Sep 9, 2024 5:40pm Sep 9, 2024 5:40pm
Quoting emmanuel7788
{quote} How long have you been trading the 5-Method which we are discussing here in this thread? You should be using the indicators provided by the OP in post#25 and want to progress to advance level trading. Then all the additional indicators and expert advisor will be useful to help you. I will upload them here. First, start with the @TMSTDI_Watchdog and TMS-Osc Histo. This will your first step to add to the chart template of the OP. {image} {file} {file}
whats the specification of this vers of the TDI is the same of the posted before or some thing else ??
Fake it till you make it
  • #148,023
  • Sep 9, 2024 5:44pm Sep 9, 2024 5:44pm
is this correct setup

or im wrong correct to me
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Fake it till you make it
  • #148,024
  • Sep 9, 2024 7:34pm Sep 9, 2024 7:34pm
Quoting Miloncef
is this correct setup or im wrong correct to me {image}
That's not a 'best setup' according to the OP.

'best setup' are what I consider to be A+++ trade setup which has many conditions.

A+++ trade setups are written in my Blueprint for Trading Success.

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #148,025
  • Sep 9, 2024 8:28pm Sep 9, 2024 8:28pm
hi coders is it possible , please help me
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  • #148,026
  • Edited 3:14am Sep 10, 2024 2:37am | Edited 3:14am
I think we have buy setup in GU, EU, AU cemented by the news 7:00 GMT+1 too. For EJ I would think it is time we leave the lower area, because beside the bluee APB, standard candle also cross the EMA50.
For UF it look like a SELL time coming.
the other pairs show ranging or jittering behavior

Due to the nature of APB, even when we see H4 or H1 give green signal. I would wait for enter at lev50 of the last swing, I still not come to the point to see the best entry when using APB (even HA or HAS).

So best entry for GU would be 1.308, like here and
2ndly I would wait for the NY session to trade even EU, GU, AU pair, can not trust few blue APB above the EMA5, I lost mot of the trades due to SL. So I am learning pls due not follow my trades
Attached Image(s) (click to enlarge)
Click to Enlarge Name: News TUES Sep 10 2024.png Size: 71 KB
Click to Enlarge Name: APB_H4 LONDON 08H00.png Size: 77 KB
Click to Enlarge Name: APB_H1 LONDON 08H00.png Size: 78 KB
  • #148,027
  • Sep 10, 2024 2:51am Sep 10, 2024 2:51am
Quoting Miloncef
is this correct setup or im wrong correct to me {image}
I would be careful touching this market in this area.
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  • #148,028
  • Sep 10, 2024 3:36am Sep 10, 2024 3:36am
Quoting eelfranz
Don't get fired ! Just make the necessary transition to trading 4hr charts during the London session... or Daily charts.

GU Sep10 London 9:30am

IF you only take one trade a day, you would not be buying today

Attached Image (click to enlarge)
Click to Enlarge Name: GU Sep10 Dailt London 9.30am 10-9-2024 4-33-50 pm.png Size: 30 KB


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #148,029
  • Sep 10, 2024 3:37am Sep 10, 2024 3:37am
Good Day Traders,
After three days of reading a lot about TMS , I have tired eyes.

I am a glasses wearer, but despite this aid I have trouble reading the prices properly
The text in MT 4 is small and there is also little to do about it what I read on it.

- You can use internal magnifier of Windows.
- You can raise internal image and scale in Windows But that affects all software and settings in Windows.

But I also see that some of you have a wonderful overview of the price and levels of the previous HH and LL.
Now I found one on forexfactory, but this one is from 2007
Created by user Habeeb,
Here

https://www.forexfactory.com/thread/...rice-indicator

there may be better ones,
does anyone have a tip for me?

Can I ask for this or am I breaking a rule now?
Not as far as I've read, but if I do, I'm not doing it on purpose
  • #148,030
  • Sep 10, 2024 6:48am Sep 10, 2024 6:48am
Quoting GripPip
Good Day Traders, After three days of reading a lot about TMS , I have tired eyes. I am a glasses wearer, but despite this aid I have trouble reading the prices properly The text in MT 4 is small and there is also little to do about it what I read on it. - You can use internal magnifier of Windows. - You can raise internal image and scale in Windows But that affects all software and settings in Windows. But I also see that some of you have a wonderful overview of the price and levels of the previous HH and LL. Now I found one on forexfactory, but...
Are you using a laptop ?

I connect mine to a 34" monitor and use the zoom factor 125%.


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #148,031
  • Sep 10, 2024 6:53am Sep 10, 2024 6:53am
Quoting arjunconacle
hi coders is it possible , please help me {image}
try these!

https://forex-station.com/attach/file/3331986
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #148,032
  • Sep 10, 2024 6:56am Sep 10, 2024 6:56am
Quoting bigjjnem
Hi all, Trying to find the correct set up for my 5ema. Is this looking alright? {image}

5-period Exponential Moving Average, Typical Price, Shift+2

post #3018
https://www.forexfactory.com/thread/...44#post4305744


..
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #148,033
  • Sep 10, 2024 7:29am Sep 10, 2024 7:29am
Quoting emmanuel7788
{quote} That's not a 'best setup' according to the OP. 'best setup' are what I consider to be A+++ trade setup which has many conditions. A+++ trade setups are written in my Blueprint for Trading Success. ...
can u re share it or repost it .... thanks
Fake it till you make it
  • #148,034
  • Sep 10, 2024 7:30am Sep 10, 2024 7:30am
Quoting emmanuel7788
{quote} Are you using a laptop ? I connect mine to a 34" monitor and use the zoom factor 125%. ...
A 34 inch yes, ;-)
Then you can scale 125%

I use a laptop and in addition a 20 inch monitors that I have connected to it.
I use one screen for the MT4,
and the other screen for reading,
once I don't have to read so much and switch between the different software, then I can scale it to 125%, but now I can't.
  • #148,035
  • Sep 10, 2024 7:32am Sep 10, 2024 7:32am
Quoting emmanuel7788
{quote} GU Sep10 London 9:30am IF you only take one trade a day, you would not be buying today {image} ...
I see GU is very luggish. I am not a fan of London session, I would rather wait to see what MM playing with about London+NY session. But the London Morning news release could be interpreted as good for GBP, if the MM was in the mood
TA from APB point of view, TDI green cross red. APB color change. Price open lower than NYMO than gather speed up. Price come from Supply zone... But I agree there is not thing so wordeful about UK economy and industry at the moment, aprt from all the weapon they push to Ukrain, I bet it end up in the book as profit and not just charitable, but that had not prevent them to push price up since 1.24, why shy now? Oh I know Sentiment is that is?
Could you pls explain what you see to form your opinion?
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  • #148,036
  • Edited 10:31am Sep 10, 2024 9:03am | Edited 10:31am
Sell GU.

Is this safe?

MT4 trailstop set at 30 points's kicked me out. But with some $. I stay shortt again. Cant see much in H4 and H1, but down 1 notch in M15, several confluence in BTMM speak for short: EMA200>Ema50>EMA5, TDI gren cross dwn red , RSI DT, MACD down &<0 ... I wish I knew it better, I dont. But now I decide I trade ... aherm "PA and with the flow"...

PLS, Big E how could you make this GU trade simple?

PS: I see someone 1way-comment, "It is clear GU trends down, dont you see it?" Do you agree? please give opinion.
How would you safely identify trend is DOWN? What do you use for argument? apart of APB color change ....
So that you can be sure to catch the every rise and selling down, without watch the chart all day. I bought the morning news, made some tiny profit then it kicked me out I sell made some tiny profit then it kicked me out. Currently I think if it cant break 1.307, and DXY remains high, that way GU is possible down. But ahead tomowrow is UK GDP MOM, they could stirr the soup in a miracle fondue and trend might not be your friend anymore
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  • #148,037
  • Sep 10, 2024 2:28pm Sep 10, 2024 2:28pm
Hi my friends!!
Attached Image
My battle is with myself; every day, I aim to be better. Did you win today?
  • #148,038
  • Sep 10, 2024 8:16pm Sep 10, 2024 8:16pm
Quoting theblessed7
I closed the trade because the TDI reversed, and candle 3 indicated extreme rejection. Total was -1.9 pips {image}
there was no 4Hr and Daily buy conditions at the time of your 1Hr entry ...

like Big E said : " go look at other pairs and trade the best setup "

you have not digested post#11 and post #281 and apply them to your to day trading and scalping and have written your own Blueprint for Trading Success.


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #148,039
  • Sep 10, 2024 9:10pm Sep 10, 2024 9:10pm
Quoting lrn2trade23
{quote} I see GU is very luggish. I am not a fan of London session, I would rather wait to see what MM playing with about London+NY session. But the London Morning news release could be interpreted as good for GBP, if the MM was in the mood TA from APB point of view, TDI green cross red. APB color change. Price open lower than NYMO than gather speed up. Price come from Supply zone... But I agree there is not thing so wordeful about UK economy and industry at the moment, aprt from all the weapon they push to Ukrain, I bet it end up in the book as...
First, I am a medium to long term type trader therefore I trade the 4Hr/ Daily and Weekly chart timeframes. When I want to day trade, I can do that on M15, M30 and 1Hr.

When I am swing trading, my strategy is multiple entries during the the market open sessions.

My trade plans are based on the Big Picture Plan of the currency pairs.

For example, GBPUSD below.
I have the Monthly swing levels , these are the key historical levels where the market have closed.
The next is my Weekly which I use to determine the three Market Type conditions. -
1) Trending,
2) Sideways Wide Range and
3) Sideway Narrow Range.
I do not look at the Stoch and TDI on the Monthly and Weekly.

***TMS will work well in 1) and 2) above but not in 3).

I will trade TMS 5-Method on the 4Hr and Daily.
No. 1 important is the Price Action and Support/Resistance
No. 2 is the Stochastics to confirm the trade setups and also the market type conditions
No. 3 is the price MOMENTUM which is seen with the Fozzy RSI which is what the TDI is.
No. 4 is the MACD (optional) which I had dropped since 2012.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Sep11 Big Picture update 11-9-2024 9-32-01 am.png Size: 19 KB

Technicals:
This week Sep 09 to 20, we are trading ins Sideways Market type 2)
The Weekly High-Low is the WCC.

There is fundamentals news this week affecting GBP and USD as usual, there will be volatility therefore we must always be prepared when trading the London and US sessions.

The market sentiments is bullish on the USD.


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #148,040
  • Sep 10, 2024 9:15pm Sep 10, 2024 9:15pm
Quoting emmanuel7788
{quote} First, I am a medium to long term type trader therefore I trade the 4Hr/ Daily and Weekly chart timeframes. When I want to day trade, I can do that on M15, M30 and 1Hr. When I am swing trading, my strategy is multiple entries during the the market open sessions. My trade plans are based on the Big Picture Plan of the currency pairs. For example, GBPUSD below. I have the Monthly swing levels , these are the key historical levels where the market have closed. The next is my Weekly which I use to determine the three Market Type conditions....
Thank you for your informative sharing. Wish the best to you.
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