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Trading Made Simple

  • #9,201
  • Aug 3, 2011 3:19am Aug 3, 2011 3:19am
This looks like an area of support on the H4 TF. Does anyone agree with me?
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  • #9,202
  • Aug 3, 2011 3:27am Aug 3, 2011 3:27am
Quoting bishopdotun
Hi guys,

Please does anyone know where i can get news release faster than forexfactory calendar. They seem to be too slow.

eurchf: +140pips
usdchf: + 120pips
gbpchf: + 80pips

Still counting.
Nice pip count. Maybe check out CNBC or Bloomberg.
  • #9,203
  • Aug 3, 2011 3:49am Aug 3, 2011 3:49am
what do we think about this one kids??
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  • #9,204
  • Aug 3, 2011 4:07am Aug 3, 2011 4:07am
Quoting dean
what do we think about this one kids??
Looks very nice to me, bouce of monthly pivot, shame I can't risk more than 2% I'm already in AUD/USD long.
Good luck Dean!
  • #9,205
  • Aug 3, 2011 4:07am Aug 3, 2011 4:07am
Quoting bishopdotun
I combine mine with fast trix. It has done pretty well in the past two weeks.

3 losses totalling: -200pips

+20 wins and net pips: +1400pips.

I trade only sharp angle crosses. Whether it is scalp or normal trading, good /sharp TDI angles works like magic.

Question:

Has anybody tried TMS with news?

I havent seen any indicator/system as precise as TMS in a longwhile. Hit rate is amazing.
Hello Bishopdotun, and traders everywhere,

Is 'fast trix' some kind of dishwashing liquid, an indicator of sort's, or are you just fast and tricky with the trade button? Excuse my naevity, but a serious question. Great results on your trading.

Was in earlier on the CHF's. Against the trend which i usually avoid, but took 25, 24, and 10 pips on a long, and got out just before resistance.

Best wishes all.
'Fail to plan, plan to fail'
  • #9,206
  • Aug 3, 2011 4:11am Aug 3, 2011 4:11am
Quoting dean
what do we think about this one kids??
Join this train peeps

@dean: i took that trade: +70pips. Still counting
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  • #9,207
  • Aug 3, 2011 4:24am Aug 3, 2011 4:24am
Big E says, to enter the trade candle should not be too big or small. Kak understand where big and small . Example 50 items it's many or little?Please comment.
  • #9,208
  • Aug 3, 2011 4:30am Aug 3, 2011 4:30am
Quoting Guitarbloke
Hello Bishopdotun, and traders everywhere,

Is 'fast trix' some kind of dishwashing liquid, an indicator of sort's, or are you just fast and tricky with the trade button? Excuse my naevity, but a serious question. Great results on your trading.

Was in earlier on the CHF's. Against the trend which i usually avoid, but took 25, 24, and 10 pips on a long, and got out just before resistance.

Best wishes all.
I am sure you'll be biting fingers now for getting out too early. I have bagged of 150pips on each.

Still counting though.
  • #9,209
  • Aug 3, 2011 4:39am Aug 3, 2011 4:39am
Does anyone use TDIVisual? If so, do you know meaning of the asterisks, B's and S's on the candles? (The B's and S's don't seem to mean buy/sell.)
  • #9,210
  • Aug 3, 2011 5:30am Aug 3, 2011 5:30am
eurchf: +155pips
gbpchf: +150pips
usdchf: +50pips
gbpusd: +80pip

closed other trades at breakeven.

Tired already. No more trading today. No matter how sweet the cross is.

Will only respond to posts from fellow TMS traders.
  • #9,211
  • Aug 3, 2011 5:41am Aug 3, 2011 5:41am
I'm new to this thread and I'm posting my first time back testing your method and I was impressed with the way these trades develop. Thanks for sharing your hard work.
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  • #9,212
  • Aug 3, 2011 5:42am Aug 3, 2011 5:42am
Quoting jjrjr
Does anyone use TDIVisual? If so, do you know meaning of the asterisks, B's and S's on the candles? (The B's and S's don't seem to mean buy/sell.)
I dont use TDIVisual and i dont know what the B and S means but i'll advice you use TMS instead. The two are the same only that TMS doesnt use the yellow line. Besides TMS responds to PA faster and better.

Whoever created TMS indicator must be GENIUS.

What a day again. The market has been very volatile but TMS was a great tool to cherry-pick pips.
  • #9,213
  • Aug 3, 2011 5:48am Aug 3, 2011 5:48am
Quoting bishopdotun
I am sure you'll be biting fingers now for getting out too early. I have bagged of 150pips on each.

Still counting though.

Well done Bishop.

I was a bit tired after work, so not so sharp, but i was also wary of trading against the trend. Anyway, i bagged a few pips. Good stuff buddy. Keep it going.
'Fail to plan, plan to fail'
  • #9,214
  • Aug 3, 2011 6:14am Aug 3, 2011 6:14am
Quoting Julia UA
Big E says, to enter the trade candle should not be too big or small. Kak understand where big and small . Example 50 items it's many or little?Please comment.
I dont understand what you mean by too big/little. The rules are;

1. large body HA candle preferably with no wicks.
i wait to see atleast 10 -20pips size depending on the slope.
2. good angle TDI cross and stoch angle
3. 1st or 2nd cadle entry
4. Preferred: H1 or H4 or D1
5. Do not trade against the trend
6. Practice Practice Practice

London & US session.

Identifying good trades comes with practice and looking at old charts.

this system is not 100% perfect but it helps you stay on the rightside of PA.
  • #9,215
  • Aug 3, 2011 6:46am Aug 3, 2011 6:46am
Quoting bishopdotun
Hi guys,

Please does anyone know where i can get news release faster than forexfactory calendar. They seem to be too slow.

eurchf: +140pips
usdchf: + 120pips
gbpchf: + 80pips

Still counting.
i too was wondering on cable today that before ff released the actual figure,the price jumps over 65pips. But am smarter than them. I have already bought cable earliar because of multiple resistance using 15 mins tf signal with tight sl and netted 100 pips easily. May be the price alwazs leak
We Win Some, We Loose Some, But Let your Win Rates be More to be Successful
  • #9,216
  • Aug 3, 2011 7:02am Aug 3, 2011 7:02am
Quoting adeforex
i too was wondering on cable today that before ff released the actual figure,the price jumps over 65pips. But am smarter than them. I have already bought cable earliar because of multiple resistance using 15 mins tf signal with tight sl and netted 100 pips easily. May be the price alwazs leak
No offence but you got lucky. Big news releases that differ from the estimated figures will drive the currency hard depending on if its good news or bad. The spike you see prior to the FF figures is becasue the banks, hedge funds and major players happy to pay 100 grand a year to get the news releases the quickest are all trading it before we hear or see it.
Its not wise to think you can outsmart a news release just becasue of support or resistance....releases that differ greatly from the forecasts are one of the few things that will easily blast currency through any SR or trendlines. Its smarter to stay out of a trade if news for that currencly is due, or you are simply tossing a coin.
  • #9,217
  • Aug 3, 2011 7:03am Aug 3, 2011 7:03am
Quoting adeforex
i too was wondering on cable today that before ff released the actual figure,the price jumps over 65pips. But am smarter than them. I have already bought cable earliar because of multiple resistance using 15 mins tf signal with tight sl and netted 100 pips easily. May be the price alwazs leak
Yes you are right. i bought also before the news. i bagged 80pips. i entered with H1. M15 is usually too noisy for me.

I suspect the big market makers usually get the news like 15mins before it is released. That is the reason why TMS would react so sharply several minutes before the news release.

I will look elsewhere to get the news earlier. this business demands attention especially to news.
  • #9,218
  • Aug 3, 2011 7:24am Aug 3, 2011 7:24am
Yes. Thank you for your reply. I want to understand does size matter the previous candle: the login of GBP / USD 3 hours ago H4, previous candle 100 point - it's not a lot to the entrance. Or Unimportant size the previous candle. Watch only good angle TDI and stoch. Sorry stupid questions for you!
  • #9,219
  • Aug 3, 2011 7:27am Aug 3, 2011 7:27am
Quoting bishopdotun
Yes you are right. i bought also before the news. i bagged 80pips. i entered with H1. M15 is usually too noisy for me.

I suspect the big market makers usually get the news like 15mins before it is released. That is the reason why TMS would react so sharply several minutes before the news release.

I will look elsewhere to get the news earlier. this business demands attention especially to news.
You will only get it earlier if you are willing to pay for it. Better off just staying out of the trades and looking at other currencies until the news is over. This method provides plenty of signals, so there is no real need to risk trading the news releases....you willl give yourself a heart attack doing that.
  • #9,220
  • Aug 3, 2011 7:52am Aug 3, 2011 7:52am
Best wishes with your trading Julia. Stick with it. There is a 40 + page word document posted a few pages back with many of Big E's strategies (from another thread) that you may find very helpful. Sorry i don't remember where it is, but worth searching for.

Bedtime here. G'night all.
'Fail to plan, plan to fail'
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