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Trading Made Simple

  • #12,881
  • Oct 24, 2011 3:08am Oct 24, 2011 3:08am
Quoting singcang
my first trade demo use " Trading Made Simple" .
Hi Singcang

In my humble opinion, I would not even had considered this trade. There is absolutely no price action and this could be just a bounce trade, continuation of the existing trend. There seem to be still enough room for the TDI to move from 50 to 68.

There is hardly any candle volume.
  • #12,882
  • Oct 24, 2011 3:11am Oct 24, 2011 3:11am
live trading

sell eurusd h1

Attached Image (click to enlarge)
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  • #12,883
  • Edited 4:04am Oct 24, 2011 3:43am | Edited 4:04am
Quoting X-Man
Hi TMS guys

I just want to say that im glad that you guys are interested in the skype room, but just remember a few things:
1. The skype room is for people who have STUDIED this thread properly
2. The skype room are for guys that has experience in trading TMS for atleast a month.
3. The Skype room is for discussing trades ONLY. If you want theory come back to this thread and read it.
4. the skype room aint an easy way out to get pips you have to make effort in studying this thread, profits will be made as well as losses.

So guys if you...
Hi X Man ,

my skype is : singcang . pls add . I've read the rule .

thanks

-----------

3 trades - great Trading Systems . thanks very much E
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  • #12,884
  • Oct 24, 2011 3:46am Oct 24, 2011 3:46am
So far, shorted the E/U and A/u of the 1 Hour timeframe, both positive atm.

Also went Long EUR/GBP of the 4 Hour..

Will see what happens.

Current E/U short only going for 30 pips,, with he Aussie, trying to hold it for more.

Didnt short the G/U as i didnt like how it looked.
  • #12,885
  • Oct 24, 2011 4:13am Oct 24, 2011 4:13am
Hi all,

This is my 1st post. Glad that many have profitted from TMS.

Have been trading TMS for abt a month or so.
Sad to say, it didnt work that well for me.

Personally, i felt it will work if only ur on the correct trend. If there are whipsaws, u will be losing. (seniors plx help me here) I shorted eur / usd using 1h and 4 h charts for the past few weeks and gt whipped out.

1hr, 4 hr charts work for majority here i suppose but the change of trend these days can whipped 1 out too fast too furious.

I personalised it (with trend lines) with 5min, 15min timeframe and it managed to get me some decent amount of pips.

But still, glad to see many seniors helping 1st timers like me. Thanks!
  • #12,886
  • Oct 24, 2011 4:44am Oct 24, 2011 4:44am
Quoting firsttimer
Hi all,

This is my 1st post. Glad that many have profitted from TMS.

Have been trading TMS for abt a month or so.
Sad to say, it didnt work that well for me.
Might be worth posting up what rules you are working to. Especially your exit strategy. Are you waiting for hooking of the TDI before getting out or setting particular stop losses that are being hit? Better yet do some trades and post up the losers. I'm sure a few of the guys will be able to point out where the issue is.
Everyone's got a plan until they get punched in the face
  • #12,887
  • Oct 24, 2011 5:02am Oct 24, 2011 5:02am
Quoting amiralifx
live trading

sell eurusd h1

Attachment
exit with +26 pips
  • #12,888
  • Oct 24, 2011 5:28am Oct 24, 2011 5:28am
Quoting X-Man
Hi TMS guys

I just want to say that im glad that you guys are interested in the skype room, but just remember a few things:
1. The skype room is for people who have STUDIED this thread properly

2. The skype room are for guys that has experience in trading TMS for atleast a month.
Do you honestly believe that a system which is named "Simple" and is based on an indicator cross and 2 HA candles in the same direction for entry, an indicator flat for exit and a SL above recent Hi/Lo, and it is not even short TF, takes a lot of study and 1 month of trading to learn?

The rest of your points are valid and I totally agree that most rooms are full of noise and people asking basic questions instead of discussing setups as they happen, but making your judgement based on time spent on the system is not very accurate. Plus the system is long TF anyway, so it's not a big deal if a newbie will ask a question, there is time to answer it.

The main functionality of a chat room is to keep you from getting bored whilst waiting for setups, and saving you hitting the refresh button on the forum every 2 min... and possibly exchange some ideas with others, cause what is missing from this system (and all systems for that matter) is the awareness of the financial events which actually drive the price, and this is where collaboration helps...

Anyway, your room, you make the rules. Good luck in your trading.
  • #12,889
  • Oct 24, 2011 5:42am Oct 24, 2011 5:42am
Quoting amiralifx
exit with +26 pips



exit with +92 see attached
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  • #12,890
  • Oct 24, 2011 5:47am Oct 24, 2011 5:47am
Hi Xman,

Can you please add me to the skype group. username: mliccone.

Thanks!
  • #12,891
  • Oct 24, 2011 6:10am Oct 24, 2011 6:10am
Thank you X-Man for the explanation and answering my question, keep up the good work.

Thanks,
cajun
  • #12,892
  • Edited 7:04am Oct 24, 2011 6:21am | Edited 7:04am
Shorted EU h-4 TF -10 ATM, Everything seems to be lined up for a short but why do i have a bad feeling.
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  • #12,893
  • Oct 24, 2011 6:53am Oct 24, 2011 6:53am
Quoting cajun
Shorted EU h-4 TF -10 ATM, Everything seems to be lined up for a short but why do i have a bad feeling.

Hi Cajun

Again looking at the last two candles on the 4hr TF, I would not have entered yet.
  • #12,894
  • Oct 24, 2011 7:35am Oct 24, 2011 7:35am
Quoting cajun
Shorted EU h-4 TF -10 ATM, Everything seems to be lined up for a short but why do i have a bad feeling.
It looks as if you ignored the slope even with an indicator showing the slope degree. But the pr. just might back away from R. but that is luck not TMS rules.
  • #12,895
  • Oct 24, 2011 7:57am Oct 24, 2011 7:57am
Quoting piprac
It looks as if you ignored the slope even with an indicator showing the slope degree. But the pr. just might back away from R. but that is luck not TMS rules.
for posterity
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OPPORTUNITY IS NOWHERE
  • #12,896
  • Oct 24, 2011 8:12am Oct 24, 2011 8:12am
Guys, X-Man's skype handle is below. You should be able to hit him up via that. No need to keep cluttering up the thread by posting your skype names too.

Quoting X-Man
My skype username is xman101gp
See you guys on monday
Everyone's got a plan until they get punched in the face
  • #12,897
  • Oct 24, 2011 8:13am Oct 24, 2011 8:13am
Hey thanks guys, Castillo my TDI doesn't have the same angle as yours on H4, could you tell me what the problem could be.
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  • #12,898
  • Oct 24, 2011 8:14am Oct 24, 2011 8:14am
Quoting Callisto
for posterity
Yeah I got a good angle like that on my TDI cross too. Plus divergence over the last two dozen candles. Higher highs PA but lower highs on the TDI.
Everyone's got a plan until they get punched in the face
  • #12,899
  • Oct 24, 2011 8:28am Oct 24, 2011 8:28am
Well i may luck off on this one, been dropping nicely, may close as soon as it gets into profit, what do you guys think. Will it keep coming down, should i close or wait.
  • #12,900
  • Oct 24, 2011 8:39am Oct 24, 2011 8:39am
Quoting cajun
Well i may luck off on this one, been dropping nicely, may close as soon as it gets into profit, what do you guys think. Will it keep coming down, should i close or wait.
Follow your trading plan, no one "knows" what the market will do
OPPORTUNITY IS NOWHERE
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