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  • #7,761
  • Jul 6, 2012 12:42am Jul 6, 2012 12:42am
Quoting Fxaddicts
hi vantage and star, thanks for the reply , the main thing that i am feeling abit confused about the multi time frame chart is that i actually read that lets say if i am trading on a h1 chart as my signal chart to entry, the D chart can be use as my trend chart.

But can i actually trade via seeing a trend on the H1 chart itself? coz sometimes i can see a uptrend forming on H1 chart, hhhl, but day chart shows a overall downtrend

Do you guys trade according to the overall day trend or do you all take trend from the timeframe of the chart itself...
Hi Fxaddicts,

I see both Vantage and Star gave you some good answers already.
Maybe it will take some time to digest all that and put into realtime practice.
For more reading, I suggest you read Dr Alexander Elder book Trading for a Living. There is a section on Triple Screen Trading System. That is a concept and you can apply it here.


regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #7,762
  • Jul 6, 2012 5:46am Jul 6, 2012 5:46am
Before I begin to read this forum from the beginning can someone please confirm that this method is really succesfull and those that are trading it are doing 1000 pip/month?(half of it would also be nice...) what are the live results,and is the original method still valid?
Thanks a lot for anyones help.
  • #7,763
  • Jul 6, 2012 10:44am Jul 6, 2012 10:44am
Quoting Fxaddicts
hi vantage and star, thanks for the reply , the main thing that i am feeling abit confused about the multi time frame chart is that i actually read that lets say if i am trading on a h1 chart as my signal chart to entry, the D chart can be use as my trend chart.

But can i actually trade via seeing a trend on the H1 chart itself? coz sometimes i can see a uptrend forming on H1 chart, hhhl, but day chart shows a overall downtrend

Do you guys trade according to the overall day trend or do you all take trend from the timeframe of the chart itself...
I mainly focus on D, 1hr, 5 min for timed entry. Thats me though and not what this thread is about. So I've posted an answer on my thread, some people here may (quite reasonably) be a little at the tangents off topic. Feel free to pop by there.
  • #7,764
  • Jul 6, 2012 10:53am Jul 6, 2012 10:53am
Quoting vanupips
Before I begin to read this forum from the beginning can someone please confirm that this method is really succesfull and those that are trading it are doing 1000 pip/month?(half of it would also be nice...) what are the live results,and is the original method still valid?
Thanks a lot for anyones help.
Sorry that kind of question won't get you much of a response from most. We get nowhere near 1000 pips pm (thats such a BS thing honestly). My wife for an example (following our system variation but 1hr based) is now up close to 14% for the week taking 20-30 pip trades (for the most part). You really need to shake the (albeit sexy) notion that you have to make mega pips every day to be immensely profitable.

Bottom line its as good a place as any to start the learning curve. However if you are starting out visit loads of threads and learn stuff. Take the nuggets of info that you need to get a solid background and put them together focusing then on 1 method.

Here for example there is lots of talk of pa to avoid waiting for a defined signal, thats something you just have to put time in to pick up.
  • #7,765
  • Jul 6, 2012 12:01pm Jul 6, 2012 12:01pm
Quoting vanupips
Before I begin to read this forum from the beginning can someone please confirm that this method is really succesfull and those that are trading it are doing 1000 pip/month?(half of it would also be nice...) what are the live results,and is the original method still valid?
Thanks a lot for anyones help.
Methods that do not work usually have threads that die out - this one is still running, albeit with less activity than last year and TMS has spawned a couple of spin of threads that base everything around Big E's methodology.

TMS Method works exceedingly well and the pips will depend on you. from what I see, 1000 pips per month is very achievable - typical average is 800, best month was 1500, currently working on exceeding that.

Trading plan

Currency pairs traded

Time Frame traded

Execution

Discipline

Money Management

Patience

Understanding of Price Action versus Indicators

Trading mindset and mentality

Screen time

Practice / perfect the technique / rinse and repeat
"To live with Passion, it takes Courage and Grace to survive"
  • #7,766
  • Jul 7, 2012 7:25am Jul 7, 2012 7:25am
dear all,

can i get the equivalent value in moving average of the traders dynamic index plssssss cos am using an ipad 2 to trade and i cannot download the indicator on my ipad........ OR what other indicator can i put together to get the exact TDI on my chart using any normal indicators like RSI etc.....

thanks
  • #7,767
  • Jul 7, 2012 7:31am Jul 7, 2012 7:31am
I use 8 rsi with 8 sma over it. It doesn't have to be exact, honest.
  • #7,768
  • Jul 7, 2012 8:51am Jul 7, 2012 8:51am
Quoting Vantage
I use 8 rsi with 8 sma over it. It doesn't have to be exact, honest.
thanks for the info,.... any other info on how best i can use what u just suggested---- 8 rsi with 8 sma.

really appreciate
  • #7,769
  • Jul 7, 2012 10:10am Jul 7, 2012 10:10am
...try MACD Two-Lines - 2,17,7 SMA

Good luck -

C...101


Quoting alnames
dear all,

can i get the equivalent value in moving average of the traders dynamic index plssssss cos am using an ipad 2 to trade and i cannot download the indicator on my ipad........ OR what other indicator can i put together to get the exact TDI on my chart using any normal indicators like RSI etc.....

thanks
  • #7,770
  • Jul 7, 2012 12:24pm Jul 7, 2012 12:24pm
Quoting Coast101
...try MACD Two-Lines - 2,17,7 SMA

Good luck -

C...101

thanks C....101
  • #7,771
  • Jul 8, 2012 3:18am Jul 8, 2012 3:18am
Quoting alnames
thanks for the info,.... any other info on how best i can use what u just suggested---- 8 rsi with 8 sma.

really appreciate
Same as this thread, it does show crosses 1 candle earlier sometimes. So I'd read this thread, first/last 10 pages of my higher low/lower high thread if you want to know what I look for. My blog has a few decent tips.

A good idea though would be to start back testing, looking at decent successful trades. Do they have things in common - trend, divergence (NB diff between CT divergence and divergence on lower TF to get back into D trend), certain candles/patterns (I favour dble tops/bottoms, hl/lh's, evening/morning start patterns, engulfing candles, hammers, doji's), time of day. I would stick to following D trend only going CT with very, very good reason (and that needs to be a lot more than 1 x 1hr cross on rsi/tdi) such as a proven SR level, divergence, hl/lh. Look at failed set ups and again try and determine what they had in common. These steps should give you a method.

When you are happy test your method from 20 days in uptrend, 20 downtrend, 20 sideways market. If it still stacks up then you can trade with confidence. If you start trading demo stick to your method, theres nothing worse than "I'll just try this for the heck of it" on demo and then trying that live.

If I could have done 1 thing better 5 years ago it would have been focus more on trend V CT, getting a better/clearer understanding of how I like to view trend at the start. From that would have followed a better understanding of sell rallies in downtrend, buy dips in uptrend.

I cannot say OK just follow this thread and make 50 pips a day 'cos that certainly didn't happen for me.
  • #7,772
  • Jul 8, 2012 8:08pm Jul 8, 2012 8:08pm
Quoting alnames
dear all,

can i get the equivalent value in moving average of the traders dynamic index plssssss cos am using an ipad 2 to trade and i cannot download the indicator on my ipad........ OR what other indicator can i put together to get the exact TDI on my chart using any normal indicators like RSI etc.....

thanks

Hi alnames

which trading platform do you run on iPad2?

I may have another solution for you.
Do let me know.
Thanks

Regards,
EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #7,773
  • Jul 8, 2012 8:55pm Jul 8, 2012 8:55pm
Quoting emmanuel7788
Hi alnames

which trading platform do you run on iPad2?

I may have another solution for you.
Do let me know.
Thanks

Regards,
EMMANUEL
.

Hi Emmanuel,

I run Alpari UK,..... Waiting for the solution,..

Thanks.
  • #7,774
  • Jul 8, 2012 9:07pm Jul 8, 2012 9:07pm
Quoting Vantage
Same as this thread, it does show crosses 1 candle earlier sometimes. So I'd read this thread, first/last 10 pages of my higher low/lower high thread if you want to know what I look for. My blog has a few decent tips.

A good idea though would be to start back testing, looking at decent successful trades. Do they have things in common - trend, divergence (NB diff between CT divergence and divergence on lower TF to get back into D trend), certain candles/patterns (I favour dble tops/bottoms, hl/lh's, evening/morning start patterns, engulfing candles,...
Hi Vantage,

I cannot but say a big thank u once again,... God bless u,.. Will do all that u said,..

Thanks.
  • #7,775
  • Jul 9, 2012 12:42am Jul 9, 2012 12:42am
Quoting alnames
.

Hi Emmanuel,

I run Alpari UK,..... Waiting for the solution,..

Thanks.
Alpari UK is a broker, but which trading platorm? MT4 or it is an IOS Apps on iPAD to access your MT4 trading account.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #7,776
  • Jul 9, 2012 3:22am Jul 9, 2012 3:22am
any ideas for the day ahead today for euro session?
  • #7,777
  • Jul 9, 2012 3:51am Jul 9, 2012 3:51am
Quoting vandigo
any ideas for the day ahead today for euro session?

I have taken short of A/U already in asian session,see how it go in EU seesion.
  • #7,778
  • Jul 9, 2012 4:08am Jul 9, 2012 4:08am
Quoting vandigo
any ideas for the day ahead today for euro session?
Hi vandigo

looking at H4, I am tempted to long EU, but seeing last week's 420 pips bearish move, I stand aside and wait for a clear H1 signal

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #7,779
  • Jul 9, 2012 12:24pm Jul 9, 2012 12:24pm
I discovered this thread and great system a couple of weeks back. I have now read the first 370 pages and feel I am ready to start practicing with it. I have done a lot of back testing. I am sure this is what I have been searching for. While reading those 370 pages I never bothered to check the new additions and it is only today that I decided to open the last pages. I must confess I was a little disappointed by the subdued submissions to the thread. Are you pple still trading this great system or have you gotten so rich you only trade once in a while?

As for questions, I don't have any bse everything has been asked several times and answered the same number of times. I hope this system also works for me.
  • #7,780
  • Jul 10, 2012 3:16am Jul 10, 2012 3:16am
Hi guys. Any ideas on how eur/usd is to perform in euro session today?
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