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Trading Made Simple

  • #5,261
  • Jun 12, 2011 11:49pm Jun 12, 2011 11:49pm
Quoting hawaii5000
Hi Aussie

Each to their own I suppose. Ignore this if you are a full-time, profitable trader, but I can tell you from personal experience that:
[list][*]FF has many different profitable strategies[*]Most new traders jump from strategy to strategy, indicator to indicator every few weeks (this site is a bloody candy shop that encourages over-eating!)[*]The reason they keep changing is because they keep losing[*]The reason they keep losing has nothing to do with the strategy and all to do with the failure to implement the strategy in a disciplined...
Wow ! Very nicely said, Mr Hawaii. There are many bandits out there in this game. TMS is but a vehicle to attempt the journey with.
  • #5,262
  • Jun 13, 2011 12:33am Jun 13, 2011 12:33am
Quoting hawaii5000
Hi Aussie

Each to their own I suppose. Ignore this if you are a full-time, profitable trader, but I can tell you from personal experience that:
[list][*]FF has many different profitable strategies[*]Most new traders jump from strategy to strategy, indicator to indicator every few weeks (this site is a bloody candy shop that encourages over-eating!)[*]The reason they keep changing is because they keep losing[*]The reason they keep losing has nothing to do with the strategy and all to do with the failure to implement the strategy in...
Also just curious Hawaii. What are your personal experiences with TMS in terms of pips, adjusted to single position trading (or close to it). I find on many forums that alot of people, myself included, speak of what they feel they can achieve with a trading system in the near future rather than what has actually taken place. iykwim
  • #5,263
  • Jun 13, 2011 12:57am Jun 13, 2011 12:57am
Quoting cristi01
Hi,
I saw some post about using this method with Ninja Trader.
Can someone provide, please, if available TDI for NT ?
Cristi01

I have the TDI for Ninja, but am anable to attch it here (invalid file format). If you PM me, I can send it to you.
  • #5,264
  • Jun 13, 2011 1:16am Jun 13, 2011 1:16am
Quoting Aussie_fx
Also just curious Hawaii. What are your personal experiences with TMS in terms of pips, adjusted to single position trading (or close to it). I find on many forums that alot of people, myself included, speak of what they feel they can achieve with a trading system in the near future rather than what has actually taken place. iykwim
I have been trading the 1H using the 15M to fine-tune entries and where possible, looking to how I can add to the position if / when it evolves into a 4H set-up. I trade the first 3-4 hours of the London open and most of the time am holding positions up to 3 hours (despite the aforementioned goal). I have been tempted to trade both sides on different timeframes, but to date have not bothered. Over the past 5 weeks, I am averaging approximately 150+ pips per week / 25 pips per trade. I fully expect losing weeks, but I have been very selective. My main goal is to add position size as opposed to the number of pips. I am not wired to trade the 4H unfortunately - some people here make it look very easy. I like the system - it suits me, but I have already been guilty of "tweaking it" for my own personal comfort. I really like the simplicity of the method and the people on this thread - I think that is why I thought it was worth my 5 cents replying to your earlier post. Pure price action trading is too discretionary and open to interpretation for me. TMS gives me 80% of what I need to get in and out whilst leaving plenty of pips for everyone else. Just my opinion and early days so please dont place much weight on what I have said . All the best.
  • #5,265
  • Jun 13, 2011 3:28am Jun 13, 2011 3:28am
I take g/u long, anybody?
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 31 KB
Si stiu, stiu deja, intr-o zi o sa ajung cineva...
  • #5,266
  • Jun 13, 2011 3:38am Jun 13, 2011 3:38am
Quoting smozmo
I take g/u long, anybody?Attachment
I am
build a better future. ForexNation dot Org
  • #5,267
  • Jun 13, 2011 3:44am Jun 13, 2011 3:44am
Quoting erickva
I am
I would moderate any profit targets. Good chance of price ranging as it is a Bank Holiday in Germany, France and Australia. Good luck with your trades.
  • #5,268
  • Jun 13, 2011 3:49am Jun 13, 2011 3:49am
Quoting hawaii5000
I would moderate any profit targets. Good chance of price ranging as it is a Bank Holiday in Germany, France and Australia. Good luck with your trades.
Thanks
Si stiu, stiu deja, intr-o zi o sa ajung cineva...
  • #5,269
  • Jun 13, 2011 3:51am Jun 13, 2011 3:51am
Quoting Aussie_fx
Also just curious Hawaii. What are your personal experiences with TMS in terms of pips, adjusted to single position trading (or close to it). I find on many forums that alot of people, myself included, speak of what they feel they can achieve with a trading system in the near future rather than what has actually taken place. iykwim
I think the TMS system is a good one, watching the synergy videos seemed to help fill in the gaps for me. BiGE studied the Synergy method (amongst many others) and kept the bits he liked that worked for him. My feeling is that BigE follows alot the "good practice" that Dean Malone talks about in his videos, BigE just trades it in a much more aggresive way. If you watch Dean's videos you absorb the information and you start looking at your charts and the TDI in a very different way (almost without thinking about it). Just go to the Compass FX website its all on there.
  • #5,270
  • Jun 13, 2011 4:06am Jun 13, 2011 4:06am
Hi all just learning this method and it looks great, just one question:

See the chart attached what would stop you going long and entering a loosing trade at the area marked with a yellow line?
If it's just one of those things and it would have been a looser then that's fine, i just don't want to miss anything if you have a way of filtering this kind of signal?
Attached Image
  • #5,271
  • Edited 5:36am Jun 13, 2011 4:36am | Edited 5:36am
Quoting evolution9
hi Adeforex,
have been trying to find the double histo for the 4h and 1d the same as on your charts but have had no luck. i have tried paperclip in top corner but still can't find. or is it the settings that have to be changed? your help would be appreicated thanks evo.
please do check my recent post of post number 4562 for the link or read the discussion on the page
http://www.forexfactory.com/showthre...91622&page=115
ANYBODY TRADING LOWER TIME FRAME BELOW 1 HR SHOULD BE VERY CAREFUL OF THE TMS HISTOGRAM. IT MAY NOT BE ACCURATE BECAUSE IT WILL KEEP REPAINTING. I DONT TRADE LOWER TF. BUT I KNOW IT WILL REPAINT. PLEASE TAKE NOTE
We Win Some, We Loose Some, But Let your Win Rates be More to be Successful
  • #5,272
  • Jun 13, 2011 5:42am Jun 13, 2011 5:42am
Quoting adeforex
please do check my recent post of post number 4562 for the link or read the discussion on the page
http://www.forexfactory.com/showthre...91622&page=115
ANYBODY TRADING LOWER TIME FRAME BELOW 1 HR SHOULD BE VERY CAREFUL OF THE TMS HISTOGRAM. IT MAY NOT BE ACCURATE BECAUSE IT WILL KEEP REPAINTING. I DONT TRADE LOWER TF. BUT I KNOW IT WILL REPAINT. PLEASE TAKE NOTE
Thanks Ade for all your help.

KC.
  • #5,273
  • Jun 13, 2011 5:44am Jun 13, 2011 5:44am
I would like to be a member and also want to know more about this system
  • #5,274
  • Jun 13, 2011 6:05am Jun 13, 2011 6:05am
Someone asked (pm) me recently what to see on HA before considering it a very high chance to go my direction. I think is better to share it.
I have attached 2 sample of HA candles to always look for IN THE DIRECTION OF THE TREND AS A SIGNAL 1-2 CANDLE. YOU CAN BACK TEST SOMETHING THAT LOOKS LIKE IT AS A 1-2 CANDLE SIGNAL FROM ORIGINAL RULES. IT HAS A VERY HIGH % OF WINNING YOUR DIRECTION AND WILL NOT CLOSE TO YOUR STOP LOSS (most of the time). IT HAS MEDIUM BODY WITH UPPER AND LOWER WICKS. IT MAY NOT REALLY COME AS YOU WANT, BUT WHEN YOU SEE THEM, IT GIVES YOU MORE CONVIDENCE.
Take note of the open,close, high and low and you will see what i am talking about.
Attached Images
We Win Some, We Loose Some, But Let your Win Rates be More to be Successful
  • #5,275
  • Jun 13, 2011 6:06am Jun 13, 2011 6:06am
Quoting adeforex
please do check my recent post of post number 4562 for the link or read the discussion on the page
http://www.forexfactory.com/showthre...91622&page=115
ANYBODY TRADING LOWER TIME FRAME BELOW 1 HR SHOULD BE VERY CAREFUL OF THE TMS HISTOGRAM. IT MAY NOT BE ACCURATE BECAUSE IT WILL KEEP REPAINTING. I DONT TRADE LOWER TF. BUT I KNOW IT WILL REPAINT. PLEASE TAKE NOTE
thanks for your help and i will be careful with TFs. Evo.
  • #5,276
  • Jun 13, 2011 7:12am Jun 13, 2011 7:12am
Quoting 2scoops
I think the TMS system is a good one, watching the synergy videos seemed to help fill in the gaps for me. BiGE studied the Synergy method (amongst many others) and kept the bits he liked that worked for him. My feeling is that BigE follows alot the "good practice" that Dean Malone talks about in his videos, BigE just trades it in a much more aggresive way. If you watch Dean's videos you absorb the information and you start looking at your charts and the TDI in a very different way (almost without thinking about it). Just go to the Compass FX website...
Thanks 2scoops, very helpful mate. For now I think i'll concentrate on the one strategy, my unique one indicator system, and if that bombs ill definitely check it out. Cheers again!
  • #5,277
  • Jun 13, 2011 7:29am Jun 13, 2011 7:29am
Quoting erickva
I am
Nice run so far. 50+ on demo.

I locked all my capital on Nzd/usd from yesterday even. So took G/U on demo.

  • #5,278
  • Jun 13, 2011 8:09am Jun 13, 2011 8:09am
Just started trading a demo account for this system.
First 2 trades were winners in 1HR.
I started on Sunday when FX market opened. I probably wouldn't trade this in real life since London isn't open yet. But I want to start getting a feel for reading the TDI indicator. And I have a full time job, so I can only trade the 1HR between 5pm-11pm EST.
I actually plan on trading the 4HR time like Big E (and Daily) so I'm demo trading those also. The 1HR is just extra pratice.

USDCAD Short @ 9pm EST
Close @ 11pm EST (going to bed, but TDI went flat also)
6 pips
- The move peaked at a 30 pip profit a few bars later. But TDI had already gone flat before the 2nd drop.
- Had I stayed in and ignored the flat and waited for check mark, it would have bee 9 pips profit.

USDCHF Long @ 10pm EST
Close @ 11pm EST (going to bed, TDI hadn't hooked yet)
11 pips
- Had I waited until TDI hooked I would have got out with 15 pips.
- But the trade peaked at a 30 pip gain also.

Do you guys see anything in the charts or indicators that could have got me out at the max 30 pip profit besides a Fix Profit Stop of 30 pips?


Thanks, Big E for the strategy. Looking forward to the rewards it will bring (positive thinking

Lain
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDCAD-H1-June12.JPG Size: 126 KB
Click to Enlarge Name: USDCHF-H1-June12.JPG Size: 125 KB
  • #5,279
  • Jun 13, 2011 8:13am Jun 13, 2011 8:13am
Hello all

i share with you my personal EA for this method TDI trend EA, developped after got read this nice thread !:

http://www.megaupload.com/?d=7EZO8GYA
Copy template, indicator, ea, in correct folder !

Try it if you want, its free, and all code is available for modifications or new ideas from you !

Regads
  • #5,280
  • Jun 13, 2011 8:19am Jun 13, 2011 8:19am
Quoting Lorka85
Hello all

i share with you my personal EA for this method TDI trend EA, developped after got read this nice thread !:

http://www.megaupload.com/?d=7EZO8GYA
Copy template, indicator, ea, in correct folder !

Try it if you want, its free, and all code is available for modifications or new ideas from you !

Regads
EA's are strictly not allowed on this thread please delete your comment and open an another thread if you wish to share your EA.
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