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Trading Made Simple

  • #5,701
  • Jun 19, 2011 4:36am Jun 19, 2011 4:36am
Quoting 2scoops
I think this is worth a repost, all BigE's comments from this thread and the old one combined.
Thank you for compiling this document. I have been working through the thread as well, compiling a summary in OneNote. I would recommend this method to any new reader of this thread, as it gives great insight in the method, and improves the learning curve greatly.

In fact, it just seems like high school again, reading a book, making notes, and then borrow an summary from someone else, just to see if you missed something
  • #5,702
  • Jun 19, 2011 5:00am Jun 19, 2011 5:00am
I am reading the thread from start and it certainly is method which can make you money.
Just practicing and training my mind to enter and right time.
But thank you for sharing this.
  • #5,703
  • Jun 19, 2011 6:07am Jun 19, 2011 6:07am
This is quite a nice introduction to the TDI for newbies. Interestingly Dean seems a little less conservative with the TDI these days, he mentions that he no longer waits for the green to cross over the 50, he uses the yellow as a "floating" 50 line.

Remember newbies, we only use the green and red lines in the TMS method. But as a overview of the TDI and what all the lines mean it may be helpful to some.

http://www.compassfx.com/video/flash.../TDI_2011.html
  • #5,704
  • Jun 19, 2011 8:11am Jun 19, 2011 8:11am
Quoting dean
Hey scoops,
My 2 cents and understanding if this is as follows:
I have read that BigE has traded this method a couple of times just to see what happens purely by entering on the tdi only....nothing more...just to see how effective it is...and had success. But as far as I am aware he still uses the stoch angle for confirmation and this I believe he got from craig harris. BigE is pretty impressed by the Criag aHarris trading methodoly and I think has combined and refined his and others methods to suit his own trading style....as you should. If you...
++++++++++++++++++++++++++++++++

I'd have to agree with this opinion. The only thing worth contributing here, imho, is to reveal some personal studies of mine:

If you are going to use a stoch on your charts, add two additional level; 45 & 55. When price is at a sharp angle and penetrates both lines, I've found that this is almost a guarantee that price will continue in that direction. This usually occurs simultaneously to the TDI Green Red cross as well.

If price, however, waivers in the vicinity of the 45/55, no trade.

2¢

""I don't know the key to success, but the key to failure is trying to please everybody."
Bill Cosby"
  • #5,705
  • Jun 19, 2011 8:39am Jun 19, 2011 8:39am
Here is a live trade from the 17th durring the London session that worked out nice. Was only in the trade for 40 minutes but long enough to make some pips.

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  • #5,706
  • Jun 19, 2011 9:59am Jun 19, 2011 9:59am
Excellent recent comments from Dean, Incredible, 2scoops, Drifter...
Really appreciate keeping this thread on track...
Also, looking forward to return of good health for Big E and his continued support here as well...
Good trades to all...
Cliff
I get exercise just pushing my luck
  • #5,707
  • Jun 19, 2011 10:03am Jun 19, 2011 10:03am
Good job ....thanks for sharing the setup and conclusion on a live trade according to the rules...
Good trades...
Cliff

Quoting seller9
Here is a live trade from the 17th durring the London session that worked out nice. Was only in the trade for 40 minutes but long enough to make some pips.

Attachment
I get exercise just pushing my luck
  • #5,708
  • Jun 19, 2011 1:05pm Jun 19, 2011 1:05pm
Quoting hawaii5000
Did anyone else catch the entry on the USD-JPY when there was agreement between the CCI (yeah I know I have it twice but they are different colours), A/D, Bears(whatever that one is) , TDI, VSA (OK - not that one obviously, but it looked alright on the 4H chart), RSI, Stoch, A/O (... I know I have that one twice, but one re-paints) and %R??

I am not trying to change anything here - but c'mon guys - don't you want to make some money?.

If we all band together (collaborate for my benefit) I think we can fine tune my entry more. Only respond...

I have another thousand indicators, perhaps you could use another dozen,I mean just to strengthen a litle bit the signal, please let me know.
Indicators always obey Price, not the other way.
  • #5,709
  • Jun 19, 2011 1:14pm Jun 19, 2011 1:14pm
Quoting maxtrader
I have another thousand indicators, perhaps you could use another dozen,I mean just to strengthen a litle bit the signal, please let me know.
hehe funny. Long ago when i was a lurker and used to see some great thread come with some great Indi_masters. I think their indicators alone did not work and were lacking colorful indicators
I like this thread more because it is simple and profitable and do not forget BIG E has already done plenty of hard work.
  • #5,710
  • Edited 3:11pm Jun 19, 2011 2:13pm | Edited 3:11pm
I want to make something clear. I am posting these links because i dont want to be selfish and also, it is related to TMS method we have been using, as i always try to help those who have not been able to catch the system very well in my own little way. THESE ARE NOT ADDITIONAL INDICATORS BUT JUST DIFFERENT VERSIONS OF TMS ESPECIALLY FOR THOSE WHO LIKE TO FOLLOW MAJOR TREND LIKE ME. USE THEM AT YOUR OWN RISK
LINK 1.
This is the latest indicator , one of us here. It is called tms-basket letting you monitor multi pairs at the same time and probably trade the best and not miss good trade much. AS AT NOW, IT IS UNTESTED BECAUSE IT IS JUST RELEASED OVER WEEKEND.INTRESTED? VISIT HERE
http://www.forexfactory.com/showthre...35#post4704335
LINK 2.
This is the latest version of 3-TF Histogram to tell what is going on , on 3 tf at the same time. IF IT IS USEFUL, DONT THANK ME BUT Big E and the craetor that are not selfish.
http://www.forexfactory.com/showthre...81#post4704981

Some of us requested for them and the idea is that, personally , i was not confidence in entering on tms cross before now, but i feel very comfortable trading with the help of these modified indicators (histo) because it gives me quick way to trade with trend even with 1-2 candle as original rule. Over 83% increase in my micro account in just 3 weeks plus with proper mm is not a joke at all.(Nothing modified).
Again, trading 1 hr tf (for those who can) and making up to 70 pips on each pair per day is realistic because with the help of these indicators, you can enter the best 1-2 candle (original rule) earlier, on 1 hr tf, follow the major trend and win big every time with reduced stop- loss. I will try and post some during the week if chanced. But that is how i have been trading, anyway.
ALWAYS KISS,GOOD LUCK AND MORE PIPS TO YOUR TRADING.
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We Win Some, We Loose Some, But Let your Win Rates be More to be Successful
  • #5,711
  • Jun 19, 2011 2:22pm Jun 19, 2011 2:22pm
Quoting homerus
Thank you for compiling this document. I have been working through the thread as well, compiling a summary in OneNote. I would recommend this method to any new reader of this thread, as it gives great insight in the method, and improves the learning curve greatly.

In fact, it just seems like high school again, reading a book, making notes, and then borrow an summary from someone else, just to see if you missed something
It wasn't me who compiled it, but I thought I'd repost as many might have missed it the first time around.
  • #5,712
  • Jun 19, 2011 3:02pm Jun 19, 2011 3:02pm
Quoting adeforex
I want to make something clear. I am posting these links because i dont want to be selfish and also, it is related to TMS method we have been using, as i always try to help those who have not been able to catch the system very well in my own little way. THESE ARE NOT ADDITIONAL INDICATORS BUT JUST DIFFERENT VERSIONS OF TMS ESPECIALLY FOR THOSE WHO LIKE TO FOLLOW MAJOR TREND LIKE ME. USE THEM AT YOUR OWN RISK
[color="Red"]LINK 1.
This is the latest indicator , one of us here. It is called tms-basket letting you monitor...
Xaphod is a genius. New indicators are fine by me if they stay true to the TMS core rules, which all Xaphod's do in my opinion
  • #5,713
  • Edited 3:47pm Jun 19, 2011 3:21pm | Edited 3:47pm
Has anyone tried trading this on a daily timeframe? I just did some minimal manual backtesting on EU and it looks profitable.

I am also a pacific coaster, and I'd much prefer to look at this higher tf and only have to check the charts once daily.

I'm slowly making my way through this thread so sorry if it's been mentioned/discussed already.

EDIT: Just found this

Quoting Numb3rs
Yes daily works too. It's not time frame dependent but as for most trading methods longer time frames means less bad trades. Yes less stress also.
Would still like to hear if others have had success trading this system on the Daily timeframe.
Enter Signature
  • #5,714
  • Jun 19, 2011 3:22pm Jun 19, 2011 3:22pm
Quoting 2scoops
Xaphod is a genius. New indicators are fine by me if they stay true to the TMS core rules, which all Xaphod's do in my opinion
Thats right. i was even facinated when big E recommends his work and also vouched for him. I am impressed by your works too. They really helped me a lot. Funny enough, i have known Dean malone with this method 2 years ago, but thought it was so hard and still looking for holy grail. But now, i will always thank BIG E and the great traders here because it really showed me the way to forex trading in its simplest form
All of you are all great here to all
We Win Some, We Loose Some, But Let your Win Rates be More to be Successful
  • #5,715
  • Jun 19, 2011 3:51pm Jun 19, 2011 3:51pm
Any particular pairs people are trading with this method? I am assuming the less volatile(spiky) majors, but would love to hear if certain pairs have proved better for this method.

Thanks!
Enter Signature
  • #5,716
  • Jun 19, 2011 4:01pm Jun 19, 2011 4:01pm
Hey CC:

I am also from west coast and looking for a daily system as I don't have too much time day time. Both the London and NY session are not very suitable for me time wise. Like you I am also trying LG's MT as well as TDI daily for last 2 weeks; but so far not too encouraging result.

-FX_California
Quoting CrucialCraig
Has anyone tried trading this on a daily timeframe? I just did some minimal manual backtesting on EU and it looks profitable.

I am also a pacific coaster, and I'd much prefer to look at this higher tf and only have to check the charts once daily.

I'm slowly making my way through this thread so sorry if it's been mentioned/discussed already.

EDIT: Just found this



Would still like to hear if others have had success trading this system on the Daily timeframe.
  • #5,717
  • Jun 19, 2011 4:28pm Jun 19, 2011 4:28pm
Hi I was wondering whether it is possible to set up an alert to tell you when the TDI is crossing? And if it is can someone please explain how to set that up for it to email me, or direct me where I can find out. Thanks
  • #5,718
  • Jun 19, 2011 4:33pm Jun 19, 2011 4:33pm
Quoting Wbm
Hi I was wondering whether it is possible to set up an alert to tell you when the TDI is crossing? And if it is can someone please explain how to set that up for it to email me, or direct me where I can find out. Thanks
Check out Xaphod's thread. His TDI has alerts
  • #5,719
  • Jun 19, 2011 5:20pm Jun 19, 2011 5:20pm
H4
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  • #5,720
  • Jun 19, 2011 5:33pm Jun 19, 2011 5:33pm
Quoting Wbm
Hi I was wondering whether it is possible to set up an alert to tell you when the TDI is crossing? And if it is can someone please explain how to set that up for it to email me, or direct me where I can find out. Thanks
Read the thread and you will find what you are looking for.
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