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Trading Made Simple

  • #11,281
  • Sep 8, 2011 3:06pm Sep 8, 2011 3:06pm
Quoting amiralifx
excuse me . your entry is incorrect.

We Enter a trade when green crosses red on the TDI at the beginning of that candle 1 or 2 . If it's candle 3 or more don't enter... find another trade set up.
excuse me but I think you will find his entry correct,I suggest you take another look.Entry was close of 1st candle
  • #11,282
  • Edited 4:19pm Sep 8, 2011 4:01pm | Edited 4:19pm
Second that. The entry is correct, which by the way, the same entry as mine and now profit +22 pips so far.

Sell EU 4 Hrs ago, +100 pips at the moment. Hope it'll make up the loss i did today.

Does anyone know how can i avoid the fault entry? today at London session open there're a lot of entry on 4H charge and everything look perfect, TDI, Sto and Support - Resistant. Turn out 8 trades i opens are all fault entries.

Do you think i should wait for 2nd candle instead of going for the 1st candle after TDI cross?

Btw, another 3 opened orders
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  • #11,283
  • Sep 8, 2011 4:18pm Sep 8, 2011 4:18pm
Quoting cigarguy
Click on Post Reply and browse to find your saved chart from manage attachments, upload and post.

Regards,
Cigarguy
Thank you. p.
  • #11,284
  • Sep 8, 2011 4:40pm Sep 8, 2011 4:40pm
Open now, pray for me please
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  • #11,285
  • Sep 8, 2011 5:02pm Sep 8, 2011 5:02pm
Quoting imperatorfr
Open now, pray for me please
I don't know about that trade, seems to be slowing down on both H1 and D1 together with stoch going up on D1 and about to go up on H1 too

looks risky, but you never know, might work out for a few pips, I'll watch this one!
  • #11,286
  • Sep 8, 2011 5:21pm Sep 8, 2011 5:21pm
Quoting amiralifx
excuse me . your entry is incorrect.

We Enter a trade when green crosses red on the TDI at the beginning of that candle 1 or 2 . If it's candle 3 or more don't enter... find another trade set up.
You corrected me prematurely... Look at the far right of the chart... You will see a green crossing red on the TDI and blue candle 1 crossing the 5 ema. This is where I entered long!

What you saw a few candles previous was a closed +25 pip winning trade from 2 days ago... I believe this is what you were trying to scold me about...

Since you are in such a teaching spirit perhaps you could learn something also... If you want to show a legit trade on your chart on mt4 then simply drag and drop the closed trade from your account history to the chart itself. An arrow will appear connected to a triangle.. The arrow is your entry and the triangle is your exit...

I still would like to know if someone entered US/CAD long...w/out the belittling pre-school lesson on how to trade a simple system clearly outlined from post #1.

So anyone long US/CAD?
  • #11,287
  • Sep 8, 2011 6:25pm Sep 8, 2011 6:25pm
Thank you mate I appreciate the time this must have taken you.
Quoting Britpip7
Hi Dean,

Pretty straightforward as far as set up is concerned. This is only meant as an addition to the TMS approach and can help on entering longer trend runs after the initial move (especially if you missed it!) and can help with entries when the Stochastics are moving toward OB/OS areas.

Add the Bill Williams Fractals.

On Day chart and the H4 look at any of the confirmed trends that have confirmed after the TDI cross - this means APB / HA plus PA )usual rules for trends).

Most of the trend runs will take a breather and this will set up...
  • #11,288
  • Sep 8, 2011 7:17pm Sep 8, 2011 7:17pm
A quick one
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Forex is boring but profitable with patience and discipline
  • #11,289
  • Sep 8, 2011 7:20pm Sep 8, 2011 7:20pm
An agressive entry on EURCAD
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Forex is boring but profitable with patience and discipline
  • #11,290
  • Sep 8, 2011 8:00pm Sep 8, 2011 8:00pm
Thanks. I didn't know this trick.

I am still short on USD/CAD since yesterday and waiting for SL to hit - let's see how it unfolds.


Quoting revrobwimb
simply drag and drop the closed trade from your account history to the chart itself. An arrow will appear connected to a triangle.. The arrow is your entry and the triangle is your exit...


So anyone long US/CAD?
Forex is boring but profitable with patience and discipline
  • #11,291
  • Sep 8, 2011 10:49pm Sep 8, 2011 10:49pm
Quoting dean
Thank you mate I appreciate the time this must have taken you.
No worries - I've been tweaking and fine tuning for a while so thought I would share it for comments / feedback. Sharing it tends to make you pay a bit more attention to the details.
"To live with Passion, it takes Courage and Grace to survive"
  • #11,292
  • Sep 8, 2011 11:16pm Sep 8, 2011 11:16pm
Quoting cigarguy
John, If possible its nice if you would post your charts so everyone could see your trades. That helps everyone, especially the new traders.

Regards,
Cigarguy
Want a chart, won't get anything showing a 500 pip trade from OP, meanwhile, check this out! best thing about TMS, sure made me realize there has got to be a better way to trade, got my wheelbarrow ready now
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It takes a lot for me to IGNORE you, but you can try.
  • #11,293
  • Sep 9, 2011 12:24am Sep 9, 2011 12:24am
In two hours London opens.
Under the new 7:00 - 11:00 candle, green looks about to cross over red.
Also stochs are coming up from oversold.

Do we still wait for the next candle for confirmation?
Am I looking at candle #1 or still #0 since Heikin Ashi hasn't turned blue yet?
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Financial independence is what I live for
  • #11,294
  • Sep 9, 2011 1:23am Sep 9, 2011 1:23am
Im long on usd/cad +8 at moment
  • #11,295
  • Sep 9, 2011 1:41am Sep 9, 2011 1:41am
Quoting XxLessoxX
wow man!!!!! Moving averages...
EMA 3 and EMA 96 to be exact. works a charm during ranging times haha
  • #11,296
  • Sep 9, 2011 2:00am Sep 9, 2011 2:00am
Quoting 33drifter
EMA 3 and EMA 96 to be exact. works a charm during ranging times haha
Come on, you guys!

It's a Nobel Prize's worth discovery!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #11,297
  • Sep 9, 2011 2:12am Sep 9, 2011 2:12am
I am new to forex and this strategy looks very interesting. Because of its length I started to read it paralelly from the beginning and from the and at the same time. I hope I can take up the pace of the thread.
Thrax
  • #11,298
  • Sep 9, 2011 2:37am Sep 9, 2011 2:37am
Quoting smatthew
In two hours London opens.
Under the new 7:00 - 11:00 candle, green looks about to cross over red.
Also stochs are coming up from oversold.

Do we still wait for the next candle for confirmation?
Am I looking at candle #1 or still #0 since Heikin Ashi hasn't turned blue yet?
I'd be careful about this one. The EURUSD has been dropping for such a long time now and still in a major down trend. With all the issues around Europe I expect it to continue down.

You might be better waiting until a pullback and then taking the trade when the TDI starts pointing down again, or at least watch very closely if you decide to go for a long position.

In other words trading with the major trend will be less risky.
  • #11,299
  • Sep 9, 2011 2:51am Sep 9, 2011 2:51am
Quoting pchees
I'd be careful about this one. The EURUSD has been dropping for such a long time now and still in a major down trend. With all the issues around Europe I expect it to continue down.

You might be better waiting until a pullback and then taking the trade when the TDI starts pointing down again, or at least watch very closely if you decide to go for a long position.

In other words trading with the major trend will be less risky.
Price action appears to agree with you. Thanks, I'll wait for a pullback. On the TDI I expect to see green bounce off of red.
Financial independence is what I live for
  • #11,300
  • Sep 9, 2011 3:06am Sep 9, 2011 3:06am
sell audusd h1
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