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Trading Made Simple

  • #14,321
  • Dec 30, 2011 10:00pm Dec 30, 2011 10:00pm
Quoting angelo5uk
Guys lets stop procrastinating. lets open a new thread for The Trading Made simple strategy strictly for those trading the daily chart...The new trading year is just at the cornner..
Cheers
up and running Trading Made Simple for Day Charts
"To live with Passion, it takes Courage and Grace to survive"
  • #14,322
  • Dec 30, 2011 11:56pm Dec 30, 2011 11:56pm
Quoting chick3n420
Which pair are you trading, firstimer?
eur, aud, gbp to usd.
usd to chf and cad.

if followed on, the last few hrs are quite smooth using TMS. A pity i wasnt around.
  • #14,323
  • Dec 31, 2011 1:25am Dec 31, 2011 1:25am
Quoting firsttimer
eur, aud, gbp to usd.
usd to chf and cad.

if followed on, the last few hrs are quite smooth using TMS. A pity i wasnt around.
I would recommend sticking to the higher time frame (4H) for TMS signal. You don't have to check the charts often. This is "trading made simple."
  • #14,324
  • Edited 11:28am Dec 31, 2011 8:51am | Edited 11:28am
Originally Posted by kingclarence http://www.forexfactory.com/images/buttons/viewpost.gif
I was thinking that since everyone left this thread for x mans maybe us guys that trade the Tms using the daily charts should start our own thread so we can exchange info and what not.Who is down with this?

Hi Kingclarence. Good to have a Daily TMS thread. count me in. I do not post much but read a lot.

It has already started and I am in !
  • #14,325
  • Jan 1, 2012 12:29am Jan 1, 2012 12:29am
I have been following this thread for a long period of time and most of the entries are repeated questions and answers. BIG E has started this great thread which branched off to another two threads. I suggest now to start posting the possible trade setups when some one notice in his computer and then we can discuss that and get ready. As Big E has mentioned when most of the traders follow the same trend, success rate would be very high. Any new bee can go through the thread and le4arn the basics and join the discussion. If some one is lazy to go through the thread and learn, then this is not the trade for him. Let us post the possible setups, discuss it and trade when it happens and make pips! That would help everybody and all the effort Big E has taken would bear the fruit. Any suggestion?
  • #14,326
  • Jan 1, 2012 10:19am Jan 1, 2012 10:19am
i will also join this thread for discussions ' from today '''''''
finding A M S
  • #14,327
  • Jan 1, 2012 10:02pm Jan 1, 2012 10:02pm
I just joining Forex Factory and i can say i love what i see. I would love to follow this trend. Nice to be here.
  • #14,328
  • Jan 2, 2012 6:05am Jan 2, 2012 6:05am
Hi all,
I'm still finishing reading whole thread, and most of you discussed about exit point. Ok, while i'm finish all reading all posts, I would like to share how I exit . I use fibonacci and my TP/ exit point is at the 161.8 level, or 261.8 level, or if I swing, normally my exit will be at 423.6. Maybe this can help you all about exit point, but dont forget to look at the SnR point. If it confluence with Fibo level, I consider to close my position at that level if TDI or HA tells me something to reverse .
Attached Image (click to enlarge)
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  • #14,329
  • Jan 4, 2012 3:13am Jan 4, 2012 3:13am
I really appreciate your sharing this method. i'm a new trader and really wants to improve and make mean through fx. I find it difficult downloading it. pls would contact me via my email address.. [email protected].. thanks
  • #14,330
  • Jan 4, 2012 8:23am Jan 4, 2012 8:23am
Quoting ramses2
......... Let us post the possible setups, discuss it and trade when it happens and make pips! That would help everybody and all the effort Big E has taken would bear the fruit. Any suggestion?
I think it would be a great idea. Most people in other branched TMS threads (X-Man and TMS 1Daily) are just posting partially their trade long time after their setups. So my idea is:
Why not some volounteers who have a high successful rate don't group together to establish a tradejournal where each post is done immediately after their real setups:
All Trades are based on 4H charts, the setups are according big E made approximately around 6H or 7H AM GMT

Each of the following line will include :
(GMT Time Entry, Currency Symbol, Long/Short, @Entry Price, SL, TP)

It will be useful after that when each trade is closed to take again each post for entry setups posted before and to mention below the closing Trade with following info:
(GMT Time Trade Close, Currency Symbol, Price at Closing, Result : in Pips ).

So who here is ready for that ?
  • #14,331
  • Jan 4, 2012 9:27am Jan 4, 2012 9:27am
Check your email.

Quoting qlpfx
I really appreciate your sharing this method. i'm a new trader and really wants to improve and make mean through fx. I find it difficult downloading it. pls would contact me via my email address.. [email protected].. thanks
  • #14,332
  • Jan 6, 2012 9:20am Jan 6, 2012 9:20am
hello to everybody,

i am new, i start reading this thread and i would like to follow.

please let me know, the template for this strategy is the one from post no.1

#1best5matdi.tpl ?? thre are some other useful indis??

regards
  • #14,333
  • Jan 6, 2012 9:26am Jan 6, 2012 9:26am
Quoting astock
hello to everybody,

i am new, i start reading this thread and i would like to follow.

please let me know, the template for this strategy is the one from post no.1

#1best5matdi.tpl ?? thre are some other useful indis??

regards
You welcome.......All you need are on the first page.....
  • #14,334
  • Jan 6, 2012 10:50am Jan 6, 2012 10:50am
Hey all...I been following these thread from page 1 and i love it. But theres so many indicators and versions of indicators....can anyone shed light as to which are the official ones...or basically the ones that the majority choose to go with?
  • #14,335
  • Jan 6, 2012 11:03am Jan 6, 2012 11:03am
Quoting TraderNazz
Hey all...I been following these thread from page 1 and i love it. But theres so many indicators and versions of indicators....can anyone shed light as to which are the official ones...or basically the ones that the majority choose to go with?
take the one Page 1.....
  • #14,336
  • Jan 7, 2012 9:58am Jan 7, 2012 9:58am
follow the rules and practise more.
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  • #14,337
  • Jan 7, 2012 1:11pm Jan 7, 2012 1:11pm
For those of you interested in Day Chart trading, there is now a new thread - please add this to your thread subscription. This thread is for discussions of Day Chart set-ups / Trades / Lessons Learned

Trading Made Simple for Day Charts

http://www.forexfactory.com/showthre...75#post5255075
"To live with Passion, it takes Courage and Grace to survive"
  • #14,338
  • Jan 7, 2012 4:49pm Jan 7, 2012 4:49pm
Please forgive me if this question has already been answered.

I absolutely appreciate the benefit of trading the 4hr charts. However, I have a day job and only have a few hours to myself in the evening. I have been following various charts for 2 weeks now and not found a single suitable set up in this time.

I often find it difficult to find set ups in this short space of time. How effective would it be for me to use the 1H chart instead, as this will increase the liklihood of me finding set ups?

Does anyone have any other suggestions for someone with a full time job wanting to trade this method?

Thanks
  • #14,339
  • Jan 7, 2012 5:10pm Jan 7, 2012 5:10pm
Quoting petrolhead88
Please forgive me if this question has already been answered.

I absolutely appreciate the benefit of trading the 4hr charts. However, I have a day job and only have a few hours to myself in the evening. I have been following various charts for 2 weeks now and not found a single suitable set up in this time.

I often find it difficult to find set ups in this short space of time. How effective would it be for me to use the 1H chart instead, as this will increase the liklihood of me finding set ups?

Does anyone have any other suggestions for someone...
If you live in the States, it couldn't be easier. The daily bar closes at 1700hrs EST or, elsewhere GMT 2200, still viable, examine your charts at that time and place your trade on a daily bar - it takes all of five minutes.
For me it is 0700 or 0800 depending on DST - dead easy.
Altos
  • #14,340
  • Jan 7, 2012 5:21pm Jan 7, 2012 5:21pm
Quoting AltosTrader
If you live in the States, it couldn't be easier. The daily bar closes at 1700hrs EST or, elsewhere GMT 2200, still viable, examine your charts at that time and place your trade on a daily bar - it takes all of five minutes.
For me it is 0700 or 0800 depending on DST - dead easy.
Altos
Do you mean on a Daily chart? Do the method and indicators still work the same as in the 4H method?
I am based in the UK, so would I check at 2200 GMT?
Currently I trade USD/EUR, GBP/USD and JPY/USD. What other pairs would you recommend?
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