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Monitor for 'Trading Made Simple' system 565 replies

Trading Made Simple the right way, and other trading lessons 334 replies

Indicators for the 'Trading Made Simple' system 343 replies

MTF Indicators for the 'Trading Made Simple' system 241 replies

Trading Made Simple system follower - Thanks to eelfranz 9 replies

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Trading Made Simple

  • #4,481
  • Jun 1, 2011 10:11am Jun 1, 2011 10:11am
Quoting Thierry
I think you are right max.
The tms-osc and tms/tdi (60) are the 2 that refreshing them self, thats not wrong because price is changing.

True my question would be if if we see a potential entry and It is about to open the new candle, will we need to refresh the chart when the new candle opens or do we need to leave it without refreshing or changing timeframes.
Maybe someone with more experience could guide us on this issue.
P.D As far as I have seen all TDI versions do this.
Regards
Indicators always obey Price, not the other way.
  • #4,482
  • Jun 1, 2011 10:34am Jun 1, 2011 10:34am
  •  adeforex
  • Joined Aug 2008 | Status: Trading Live as a Professional Do | 363 Posts | Online Now
Quoting Rhino101
Great.. maybe you want to post these before you enter so I can get in as well.....lol
yeah. I will try my best if i am chanced.
We Win Some, We Loose Some, But Let your Win Rates be More to be Successful
  • #4,483
  • Jun 1, 2011 10:43am Jun 1, 2011 10:43am
Eelfranz,

Glad to see you reclaiming the helm.

You mentioned that you trade the new candle at 10pm, go to bed, and then get up to analyze the 2am candle. You make your adjustments and close it out at 6am. So, the London session opens at 12am which means you're asleep at that time with open trades. Do you worry about reversals at the open or is this the very reason you trade 4 hour and avoid stops?

Trying to mimic your pattern as I, too, will have to set up trades and go to bed.

Thanks!
  • #4,484
  • Jun 1, 2011 10:56am Jun 1, 2011 10:56am
Quoting plamendp
It might seem obvious to most of you but this is to explain TMS to newcommers

* We have a good green-red DOWN-cross and
* Stochastic slope is supportive and
* PA suggest reversal (Railroad Candles) BUT

* Overall trend is UP and
* Haiken Ashi candle WAS red with zero height (now it is blue, minutes later) and
* There is a support at ~~ 1.6500 (former resistense)

So, cross is not enough :-)


Plamen
Hi Plamen, what indicator do you use to get the second chart with the HA candles? I really like that..

Thanks
  • #4,485
  • Jun 1, 2011 10:58am Jun 1, 2011 10:58am
I love ya all but your breaking my heart. Didn't you take written notes when you read the thread?

I don't trade around news time...

Not using a S/L on the 1hr is my choice... do what you feel safe with...

I don't refresh my TDI after I enter a trade...

I only look for the best set ups and trades.
  • #4,486
  • Jun 1, 2011 11:07am Jun 1, 2011 11:07am
Quoting plamendp
Some guys asked (price and HA separated), here is what I use (files attached, incl. template, where price and HA are split actually).

I modified the TDI indi to allow me to cut off the last bar movement (and color it). Default is NO cut, NO color, i.e. just like other TDI indi's.

I know we are not supposed to clutter the thread uploading indicators, but I think it is a good bundle serving Trading Made Simple strategy.

plamendp

Hi Plamendp... ignore my previous post... I found your indicators and template on a previous post.. Thanks.
  • #4,487
  • Edited 1:25pm Jun 1, 2011 11:37am | Edited 1:25pm
Took this short, AFTER London close and NY half session

Update: CLOSED @ 20+ pips. I guess I am tired and had enough for today... H4 TDI still not in EXIT mode, but smaller timeframes BasicFX show a range/bounce ahead... Out.
Attached Image (click to enlarge)
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Bah...
  • #4,488
  • Jun 1, 2011 11:49am Jun 1, 2011 11:49am
Trade...
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  • #4,489
  • Jun 1, 2011 12:09pm Jun 1, 2011 12:09pm
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  • #4,490
  • Jun 1, 2011 12:18pm Jun 1, 2011 12:18pm
Quoting eelfranz
Trade...
I too
at 4H
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  • #4,491
  • Jun 1, 2011 12:22pm Jun 1, 2011 12:22pm
Quoting adeforex
I saw good set-ups today
1. EURJPY 1hr -=75 pips
2. Eurchf =65 pips
3. i entered GU sell a while ago, still ranging as of now, will update later
TOTAL PIPS FOR TODAY=140
TOTAL PIPS FOR THE WEEK 143 (No loss yet)
What kind of indicator on a chart similar to the EMA of red and blue? Thank`s.
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  • #4,492
  • Jun 1, 2011 12:25pm Jun 1, 2011 12:25pm
Quoting eelfranz
Trade...
Got a question for ya E... Did you put in your trade at the end of candle 1/beginning of candle 2? If so, is a trade still valid if you put in a trade at the end of candle 2/start of candle 3?

This is something I have wondered about since you said put in your trade on candle 1 or 2.

Thanks.
  • #4,493
  • Jun 1, 2011 12:57pm Jun 1, 2011 12:57pm
First of all sorry for my bad english I was reading this thread from first day of post, thanke you Big E for this great strategy and i pray for you to feel ok, I trading for 2 years, i blow up 2 accounts, I trade this strategy from 1 May, first 3 weeks was incredible i was made around 700 pips but last week i was loosing all profit + 300 pips from my account, so in the end of mounth i was -300 pips from account ( i know why i was loosing i add extra indicators and i was influence by them, so if you want to win, dont add, anything kip it simple) Today 1 June I was take 3 trade on 4 hr TF n/u e/c u/c 2 win and 1 small loss for a total of 85 pip Thanke you all seniors hier who help newbi God bless you!
Si stiu, stiu deja, intr-o zi o sa ajung cineva...
  • #4,494
  • Jun 1, 2011 1:00pm Jun 1, 2011 1:00pm
  •  adeforex
  • Joined Aug 2008 | Status: Trading Live as a Professional Do | 363 Posts | Online Now
Quoting pavelac
What kind of indicator on a chart similar to the EMA of red and blue? Thank`s.
sorry mate. It is not related to big E thread. Also it is highly priced. But if you want something related. Try and search of color MA on ff or google it or pm me
We Win Some, We Loose Some, But Let your Win Rates be More to be Successful
  • #4,495
  • Jun 1, 2011 1:10pm Jun 1, 2011 1:10pm
Quoting adeforex
sorry mate. It is not related to big E thread. Also it is highly priced. But if you want something related. Try and search of color MA on ff or google it or pm me
It's similar to the Coral from the THV thread. Search for THV on FF.
  • #4,496
  • Jun 1, 2011 1:19pm Jun 1, 2011 1:19pm
Quoting adeforex
sorry mate. It is not related to big E thread. Also it is highly priced. But if you want something related. Try and search of color MA on ff or google it or pm me
You PAID for it? It's free.
  • #4,497
  • Jun 1, 2011 1:27pm Jun 1, 2011 1:27pm
Quoting mackaozy
You PAID for it? It's free.
Correct.. Besides, you can just use 60 moving av.... err... anyway.. off-topic..
Bah...
  • #4,498
  • Jun 1, 2011 1:42pm Jun 1, 2011 1:42pm
Quoting plamendp
Took this short, AFTER London close and NY half session

Update: CLOSED @ 20+ pips. I guess I am tired and had enough for today... H4 TDI still not in EXIT mode, but smaller timeframes BasicFX show a range/bounce ahead... Out.
I'm still in+ 30 so far i will exit before the AUD news at 2am though.
  • #4,499
  • Jun 1, 2011 2:03pm Jun 1, 2011 2:03pm
Quoting mackaozy
I'm still in+ 30 so far i will exit before the AUD news at 2am though.
It is getting late here (10pm local, GMT +3) and I won't let it run "over my night" :-)

Would be nice if we add the GMT+? timezones to avoid "huh... 2am.. amm.. that is.. well.. which timezone ?"

It keeps developing atm but watch out 1.0640 support... it looks strong.. I'd unconditionaly exit few pips above.... if not right now..

Plamen
Attached Image (click to enlarge)
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Bah...
  • #4,500
  • Jun 1, 2011 2:15pm Jun 1, 2011 2:15pm
Quoting plamendp
It is getting late here (10pm local, GMT +3) and I won't let it run "over my night" :-)

Would be nice if we add the GMT+? timezones to avoid "huh... 2am.. amm.. that is.. well.. which timezone ?"

It keeps developing atm but watch out 1.0640 support... it looks strong.. I'd unconditionaly exit few pips above.... if not right now..

Plamen
Hey. Thats UK timezone, it's currently 20.15 here. Yep I have closed half the position at 30 pips, moved sl to just above break even to lock in some profit. Moved tp to 2nd target of 1.0600.
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