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Monitor for 'Trading Made Simple' system 565 replies

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

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Trading Made Simple system follower - Thanks to eelfranz 9 replies

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Trading Made Simple

  • #4,741
  • Jun 5, 2011 1:40pm Jun 5, 2011 1:40pm
Link to all the compassFX videos, the TMS method is a more aggressive stripped down version of the Synergy method, because of this these videos are very useful.

http://www.compassfx.com/synergy/commentary.htm
  • #4,742
  • Jun 5, 2011 1:54pm Jun 5, 2011 1:54pm
2scoops....

You asked me about that last trade I posted:

As I saw the TDI Green make a second attempt to go short I looked to the left on the TDI to where it had gone previously short and I expected it to go about that far...

Make sure you look at your TDI guys like it's PA.

I Love to take trades from the 68 short or the 32 long.... seems like a higher percentage of success.

Anyone else notice that...

Feel free to use the yellow line on the TDI if it gives you more confidence. I just never have.

I'm wanting your success any way I can help you...

Big E
  • #4,743
  • Jun 5, 2011 1:59pm Jun 5, 2011 1:59pm
Thanks BigE, how you feeling big guy, are you improving?
  • #4,744
  • Jun 5, 2011 2:14pm Jun 5, 2011 2:14pm
2scoops,

Thought I'd have a fast pop back but it's slower than expected.

Taste buds are off... tired of sitting and laying down.... In a couple of weeks they are going to shock my heart in an attempt to lower my heart beat which is about 100 a min. now...

Tired of all this crap for sure....
  • #4,745
  • Jun 5, 2011 2:32pm Jun 5, 2011 2:32pm
Quoting eelfranz
.

I Love to take trades from the 68 short or the 32 long.... seems like a higher percentage of success.

Anyone else notice that...

Feel free to use the yellow line on the TDI if it gives you more confidence. I just never have....
I did notice the strength of the moves from 68 or 32. I feel more confident when I can catch a move from these levels.

I liked the range trading technique the compass video showed using the yellow line in TDI to catch bounces, so I will cautiously give it a try this week.

Get well soon. My wife has issues with her MVP, and I know how stressful heart issues can be. Thanks for persevering.
  • #4,746
  • Jun 5, 2011 2:37pm Jun 5, 2011 2:37pm
Remember when your looking at PA... it loves to return to previous hi or lo levels... check out a few charts.

Remember to always consider your forex basics when thinking about entering a trade...

Does it look week or strong...

How close are we to previous hi's or lo's...

Are we close to 100 levels...

How many candles was the last reversal...

Are we in consolidation...

Are we dealing with little candles...

When is news coming...

12-2 & 4-6 angle?

Should take you a split second to determine these things...
  • #4,747
  • Edited 3:12pm Jun 5, 2011 2:52pm | Edited 3:12pm
I'm still piecing things together. So far I am on post #276 in this thread and also reading new posts. So my questions on Mr. Eelfranz's last post are as follows...

PA = Price Action? Yellow line that is the 5 MA?
100 Levels = height of the Stoch?

So far I am at 88% success rate in H1 with TMS :-) I've not taken a position in H4 yet. Will set my alarm again tonight. Looking forward to trying this in D1.
  • #4,748
  • Jun 5, 2011 3:25pm Jun 5, 2011 3:25pm
Hello,

This question is about a chart from an old eelfranz post. Can someone please tell me if they would exit at point A or B for this entry point?

Attached Image (click to enlarge)
Click to Enlarge Name: e-u daily.gif Size: 35 KB


Going strictly by the plan I would say exit at A but I would appreciate feedback.

Thank you,
Mark
  • #4,749
  • Jun 5, 2011 3:55pm Jun 5, 2011 3:55pm
Quoting vbmark
Hello,

This question is about a chart from an old eelfranz post. Can someone please tell me if they would exit at point A or B for this entry point?

Attachment

Going strictly by the plan I would say exit at A but I would appreciate feedback.

Thank you,
Mark
I think A= entry bounce, B=exit
or both exit
depends on what they were saying
  • #4,750
  • Jun 5, 2011 5:50pm Jun 5, 2011 5:50pm
Quoting eelfranz
OK...
I successfully downloaded to both FXDD and Tadawul FX your red / green TDI indicator. Now it is off to the races. Thanks again.
  • #4,751
  • Jun 5, 2011 6:12pm Jun 5, 2011 6:12pm
Tom...
  • #4,752
  • Jun 5, 2011 6:18pm Jun 5, 2011 6:18pm
Hey Gang,

You know I prefer to trade the the 1 & 4hr timeframes....

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....
  • #4,753
  • Jun 5, 2011 6:25pm Jun 5, 2011 6:25pm
VBMark,

I would have stayed in that trade to almost B....

Still plenty of room between the green and red line...

Look at older charts and you'll see how the green line cycles like that....
  • #4,754
  • Jun 5, 2011 7:27pm Jun 5, 2011 7:27pm
Quoting eelfranz
.... In a couple of weeks they are going to shock my heart in an attempt to lower my heart beat which is about 100 a min. now...
Please ensure you get a least 7 to 8 hours of sleep. Also you must stop the practice of waking up after 4 hours to check the trades. Lack of deep sleep puts undue stress on the old ticker. You must look after yourself first my friend, everything else (forex in particular) comes second.

Wishing you speedy recovery

Kind Regards
  • #4,755
  • Jun 5, 2011 7:32pm Jun 5, 2011 7:32pm
Quoting eelfranz
VBMark,

I would have stayed in that trade to almost B....

Still plenty of room between the green and red line...

Look at older charts and you'll see how the green line cycles like that....
HI BigE,
Firstly I genuinely wish you the very best of health and hope you make a full recovery. Your generosity here is much more than you probably realise. You are changing lives with this and we all appreciate it.
I have asked this before but you more than likely missed it becasue its such a fast moving thread now.
I was wondering what your appraoch is to trading the hourly charts. Naturally your TP would differ and I imagine a few other things, so I am wondering how you alter your appraoch when trading the hourly charts, which you have mentioned you would prefer to be doing.
Thanks BigE
  • #4,756
  • Jun 5, 2011 8:01pm Jun 5, 2011 8:01pm
Quoting dean
HI BigE,
Firstly I genuinely wish you the very best of health and hope you make a full recovery. Your generosity here is much more than you probably realise. You are changing lives with this and we all appreciate it.
I totally agree. I wish the best for you, Big E.
If I Change, the whole World changes!
  • #4,757
  • Jun 5, 2011 8:56pm Jun 5, 2011 8:56pm
Quoting astral77
Please ensure you get a least 7 to 8 hours of sleep. Also you must stop the practice of waking up after 4 hours to check the trades. Lack of deep sleep puts undue stress on the old ticker. You must look after yourself first my friend, everything else (forex in particular) comes second.

Wishing you speedy recovery

Kind Regards
++++++++++++++++++

100% in agreement. While you sleep your body goes into repair mode. Less than 6.5 to 8 hours sleep (depending on your body) will discharge your battery. Please get required sleep to give your body the time it needs to perform, literally, millions of functions.

Trading the dailies, may not carry the same level of excitement, however it sounds to me like you're beyond the "Trading for Excitement" mode.

After reading much of this thread, and reviewing historical charts, I'm ready to get with the program. Thanks "E" and all for helping to flesh out this entire process for all to read.
  • #4,758
  • Jun 5, 2011 9:22pm Jun 5, 2011 9:22pm
Quoting diamonddbw
++++++++++++++++++

100% in agreement. While you sleep your body goes into repair mode. Less than 6.5 to 8 hours sleep (depending on your body) will discharge your battery. Please get required sleep to give your body the time it needs to perform, literally, millions of functions.

Trading the dailies, may not carry the same level of excitement, however it sounds to me like you're beyond the "Trading for Excitement" mode.

After reading much of this thread, and reviewing historical charts, I'm ready to get with the program. Thanks "E"...
Yeah BigE, trade the dialy charts! I'd like to hear your views on trades during that time frame!
  • #4,759
  • Jun 5, 2011 9:50pm Jun 5, 2011 9:50pm
Is this a valid Buy Entry per the original rules?
Attached Image (click to enlarge)
Click to Enlarge Name: ku.gif Size: 20 KB
  • #4,760
  • Jun 5, 2011 9:55pm Jun 5, 2011 9:55pm
more clear instruction here after download mr.Big E attachment documents...

get ready for the next races...
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