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Trading Made Simple

  • #14,541
  • Feb 7, 2012 4:58pm Feb 7, 2012 4:58pm
Quoting Verbal
Here's my second candle:
Open = 1.7642
H= 1.7766
L= 1.7454

Entry = 1.7678

I'm interested to see if I have forgotten anything. SL is not my main focus right now. I would like to know if entering this trade can be justified with the original rules or not.
Mr. Verbal, those values are from AUD/Cad 4h TF?
  • #14,542
  • Feb 7, 2012 5:16pm Feb 7, 2012 5:16pm
Second candle:
Attached Image (click to enlarge)
Click to Enlarge Name: 2ndcandle.png Size: 29 KB
  • #14,543
  • Feb 7, 2012 7:50pm Feb 7, 2012 7:50pm
Quoting Verbal
Second candle:
I'll check the charts tonigh I'm at work now.
  • #14,544
  • Feb 7, 2012 11:47pm Feb 7, 2012 11:47pm
Quoting Verbal
Second candle:
mr. Verbal: i just got home, I was checking mt4 and I do not have aud/cad for my broker (FXDD) to check what happened with that candle, I hope that somebody else can explain that to us.By the way did you see X-MAN thread? there is a link a couple post ago.
  • #14,545
  • Feb 8, 2012 1:55am Feb 8, 2012 1:55am
Quoting chiche
Attachment
here are some question: what is the yellow line? can I filtered w/ 100 ema? and the Aqua dot line? is that a good entry?
The yellow line is the Market Base Line, MBL. It is the overall trend.

Green is RSI
Red is Trade Signal Line
Yellow is Market Base Line
Blue lines are Volatility Bands

Furthermore you have to pay attention to the levels 32, 50 and 68. 32 is oversold and 68 overbought. In general, above 50 look out for a long. Below you have to look for a short.

You can read all about it in the attached pdf
Attached File(s)
File Type: pdf Synergy Method.pdf   1.6 MB | 1,579 downloads
  • #14,546
  • Feb 8, 2012 7:07am Feb 8, 2012 7:07am
hello,

i like the tms system, great in the 4hr timeframe, but please somebody can explain me the reason of the white area inside some candles??

best regards
as
Attached Image (click to enlarge)
Click to Enlarge Name: 2012-02-08_tms-wc.jpg Size: 131 KB
  • #14,547
  • Feb 8, 2012 7:26am Feb 8, 2012 7:26am
The "white area" are the candlesticks and the blue are the Synergy_APB.

Quoting astock
hello,

i like the tms system, great in the 4hr timeframe, but please somebody can explain me the reason of the white area inside some candles??

best regards
as
  • #14,548
  • Feb 8, 2012 8:23am Feb 8, 2012 8:23am
Quoting Verbal
The "white area" are the candlesticks and the blue are the Synergy_APB.
thanks verbal
  • #14,549
  • Feb 8, 2012 8:51am Feb 8, 2012 8:51am
I am very much impressed by this system. Thanks to Big E.

I am having huge loss in my one year intraday trading. Can anyone suggest how to adopt this good system for Nifty Futures India.

1. Nifty index trading hours - 7 hrs / day.
2. Major movements starts in 2nd half after europe market opens.

In this case what TF I have to use? If I enter in 4HR trade, I need to carry forward the position to next day.... Is it OK for this method?

Please help.
  • #14,550
  • Feb 8, 2012 10:01am Feb 8, 2012 10:01am
Quoting Liberum
The yellow line is the Market Base Line, MBL. It is the overall trend.

Green is RSI
Red is Trade Signal Line
Yellow is Market Base Line
Blue lines are Volatility Bands

Furthermore you have to pay attention to the levels 32, 50 and 68. 32 is oversold and 68 overbought. In general, above 50 look out for a long. Below you have to look for a short.

You can read all about it in the attached pdf
Thaks so much liberum...
  • #14,551
  • Feb 8, 2012 1:45pm Feb 8, 2012 1:45pm
Hi All;
It possible for some of u experienced traders (oldies) to post your signals? This is just to help me (newbie) confirm my own signals. This is just for the short-term, if at all possible. Just want to make sure I'm following this system properly. Thanks.
Cecilia
  • #14,552
  • Feb 9, 2012 1:32am Feb 9, 2012 1:32am
There are lots of rooms you can join on the internet that post trades.

If you are uncomfortable with your entries, practice practice practice
  • #14,553
  • Feb 9, 2012 9:07am Feb 9, 2012 9:07am
hello, i am a rookie and i made today a trade following the tms system. but i failed. is there an experienced trader who can figure out my mistakes?
I enter eur/usd short at 13235 at this moment the 4hr candle was in red.
maybe 1. mistake i didnt wait until closing of 4hr candle? 2. i didnt watched out the green and red tdi line in 15minTF. what else i have done wrong? take a look at the screenshots. thanks a lot. regards, as
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2012-02-09_tms_eu_15m.jpg Size: 116 KB
Click to Enlarge Name: 2012-02-09_tms_eu_4hr.jpg Size: 122 KB
  • #14,554
  • Feb 9, 2012 9:12am Feb 9, 2012 9:12am
hello,

"big Eds h4" template i can use in every timeframe or only in the 4hour ??

regards, as

  • #14,555
  • Feb 9, 2012 12:13pm Feb 9, 2012 12:13pm
Quoting astock
hello,

"big Eds h4" template i can use in every timeframe or only in the 4hour ??

regards, as

Hi astock

I would try and read the whole thread, at least the first 100 reply's
there are plenty of charts etc...

also get yourself as much experiance as possible with Price Action.
This is very important....
Any methodology is based around this.

if your trading a 4Hr time frame why are you looking at a 15min chart to enter ? if your trading a 4hr chart take your signals from a 4 hr chart.

Remember this is a numbers game, you can be wrong today and tomorrow
and have a positive account in the long run..

Ja..
Memories caught in time but never forgotten
  • #14,556
  • Feb 9, 2012 2:35pm Feb 9, 2012 2:35pm
Quoting astock
hello, i am a rookie and i made today a trade following the tms system. but i failed. is there an experienced trader who can figure out my mistakes?
I enter eur/usd short at 13235 at this moment the 4hr candle was in red.
maybe 1. mistake i didnt wait until closing of 4hr candle? 2. i didnt watched out the green and red tdi line in 15minTF. what else i have done wrong? take a look at the screenshots. thanks a lot. regards, as
You should wait for a candle close and a distinct TDI red/green cross. A 4H TF would have 16 15M TFs, one would expect crossing/uncrossing in 4 hours. I trade the 4H IF the trend is with the Daily, I would never look at the 1H, 30M, 15M in trading the 4H. Hope this helps. p.
  • #14,557
  • Edited 3:13pm Feb 9, 2012 2:51pm | Edited 3:13pm
Quoting astock
hello, i am a rookie and i made today a trade following the tms system. but i failed. is there an experienced trader who can figure out my mistakes?
I enter eur/usd short at 13235 at this moment the 4hr candle was in red.
maybe 1. mistake i didnt wait until closing of 4hr candle? 2. i didnt watched out the green and red tdi line in 15minTF. what else i have done wrong? take a look at the screenshots. thanks a lot. regards, as
You shorted at a pullback candle (the candle you painted a yellow stripe). Price was already down more then 50 pips and TDI was below 32, so oversold. On top of that, TDI was crossing to the upside so a long was forming.

Also, I would suggest you put a 200 ema on all timeframes. You can see on the 15m chart the pair bounced at the 200 ema and went up. You can also backtest with the 200 ema on all timeframes, you will often see a turn around or strong support/resistance at this level.
  • #14,558
  • Feb 9, 2012 11:15pm Feb 9, 2012 11:15pm
at: jd4, piprac, liberum, thanks alot for your suggestions. i will follow them. helps a lot to improve.
regards,
as
  • #14,559
  • Feb 13, 2012 6:22am Feb 13, 2012 6:22am
Hi all,
Just wanted to say a big "Thank you!" to Big E for developing and sharing such a simple yet powerful system.

I am a complete novice in the Forex market and the system's simplicity is what attracted me the most.

Today after a month of reading I finally got to the last page!

It's been a very interesting and entertaining reading, so thanks to all contributors who asked questions and even bigger thank you to those who took the time to answer these questions.

Happy "pipping" to everyone
Michael
  • #14,560
  • Feb 13, 2012 9:10am Feb 13, 2012 9:10am
Quoting eelfranz
Dynel14....

I'm talking about what I'm reading on the TDT and not PA... sorry for the confusion....
Newbie question to anybody, PA. What is this PA?. Sorry to bother but I've looked everywhere before I asked. Billtid99
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