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Trading Made Simple for Day Charts

  • #981
  • Aug 20, 2012 11:27pm Aug 20, 2012 11:27pm
Looks promising - past 4 candles have given up the ghost and are now looking like a candidate for a supply zone sell, especially with the 200ema in place.

Early days for this one - no TDI cross / no APB colour change, but a great watch list candidate as are most of the JPY pairs for a move south.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp jpy day 8-20-2012.gif Size: 41 KB
"To live with Passion, it takes Courage and Grace to survive"
  • #982
  • Aug 21, 2012 1:59am Aug 21, 2012 1:59am
Quoting Britpip7
Looks promising - past 4 candles have given up the ghost and are now looking like a candidate for a supply zone sell, especially with the 200ema in place.

Early days for this one - no TDI cross / no APB colour change, but a great watch list candidate as are most of the JPY pairs for a move south.
I suggest looking at the USD-JPY daily, to trade the Yen weakness after it's run up, as the GBP is showing strength, cheers

It takes a lot for me to IGNORE you, but you can try.
  • #983
  • Aug 21, 2012 3:27am Aug 21, 2012 3:27am
Hi Britpip,

a simple qn for you.. do you normally have exposure to more than 1 pair concurrently, or you do more of add-ons to the same pair using H4 as entries?
  • #984
  • Aug 21, 2012 11:16am Aug 21, 2012 11:16am
Quoting Britpip7
Looks good today based on the early signs of the TDI Cross coming from the 32 level - possible rejection of the 200ema break a few days ago. I would prefer PA to be above the 200ema, but that's me! I'll wait for the Tuesday candle close before entering if PA continues .

Nice reversal pattern on the candles so far.

APB colour change
Britpip
your chart look nice, what is your settings of currency strength indi? My tdi font is blured how can i fix this?
  • #985
  • Aug 21, 2012 3:31pm Aug 21, 2012 3:31pm
Quoting Erebus
I suggest looking at the USD-JPY daily, to trade the Yen weakness after it's run up, as the GBP is showing strength, cheers

Nice

Looks really good with today's move

Cheers
"To live with Passion, it takes Courage and Grace to survive"
  • #986
  • Aug 21, 2012 5:12pm Aug 21, 2012 5:12pm
Quoting junki88
Hi Britpip,

a simple qn for you.. do you normally have exposure to more than 1 pair concurrently, or you do more of add-ons to the same pair using H4 as entries?
My preference is to only be exposed to a single pair and run with the add-on strategy.

However, if that trade is running in profit and everything is locked in at BE or better, I will look at other trades
"To live with Passion, it takes Courage and Grace to survive"
  • #987
  • Aug 21, 2012 7:00pm Aug 21, 2012 7:00pm
Quoting Esosa
Britpip
your chart look nice, what is your settings of currency strength indi? My tdi font is blured how can i fix this?
Post #932 for TDI settings

Currency Strength indi is in the attachments - you will need to play with the settings to have it display as you want it.

Template is also in attachments.
"To live with Passion, it takes Courage and Grace to survive"
  • #988
  • Aug 23, 2012 1:11pm Aug 23, 2012 1:11pm
Quoting prftablefool
It would be interesting to see if price close firmly above 1.0500. However, as a word of caution, if someone is already short on AUDCAD then it would be highly coorelated trade.
It seems to have a good run so far. Approaching the danger zone. Keeping fingers crossed.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUD 130812.png Size: 53 KB
Forex is boring but profitable with patience and discipline
  • #989
  • Aug 24, 2012 12:16am Aug 24, 2012 12:16am
Quoting prftablefool
It seems to have a good run so far. Approaching the danger zone. Keeping fingers crossed.
Very nice trade so far.

PA now running up to 200ema 70 pips to go), so time to manage the SL

RSI on Day and H4 running unto oversold territory, so PA may well stall before taking a run at the 200ema, so could present a nice add-on opportunity.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp aud day 8-23-2012.gif Size: 38 KB
"To live with Passion, it takes Courage and Grace to survive"
  • #990
  • Aug 24, 2012 4:30pm Aug 24, 2012 4:30pm
Quoting Britpip7
Very nice trade so far.

PA now running up to 200ema 70 pips to go), so time to manage the SL

RSI on Day and H4 running unto oversold territory, so PA may well stall before taking a run at the 200ema, so could present a nice add-on opportunity.
Britpip
firstly, this trade when did you enter? Because i have been looking for set up for some weeks and i can seem to find any.
Secondly, pls you and other persons who has really goten a hang of this system should post setups like you've always done just to help newbie like i get used to the system because its fraustrating when you scan the charts and you don't find any set up while others are riding one trade or the other. Pls just for the newbie's sake.
Lastly, if you can save this your current chart template and upload it, it will be deeply appreciated.
You are really doing a nice job here, thank you.
  • #991
  • Aug 25, 2012 11:14am Aug 25, 2012 11:14am
Quoting Esosa
Britpip
firstly, this trade when did you enter? Because i have been looking for set up for some weeks and i can seem to find any.
Secondly, pls you and other persons who has really goten a hang of this system should post setups like you've always done just to help newbie like i get used to the system because its fraustrating when you scan the charts and you don't find any set up while others are riding one trade or the other. Pls just for the newbie's sake.
Lastly, if you can save this your current chart template and upload it, it will be deeply...
I was not on that one - but my entry point would be the second horizontal line. I typically like to wait until RSI(10) crosses the 50 - I watch this value in the Data Window.

I only have limited time to post commentary on the charts, so what you see is what you get

Start backtesting and look for similar set-ups to the attached chart. Usually an APB colour change with top and bottom wicks precedes the TDI Cross. Once APB changes colour, there are 3 to 8 bars at that colour. Watch for PA to confirm the move.

Check the attachments (paper clip - then hide images) for templates / indicators, etc, they are all in there.
Attached Image (click to enlarge)
Click to Enlarge Name: apb signals - tdi signals.gif Size: 32 KB
"To live with Passion, it takes Courage and Grace to survive"
  • #992
  • Aug 25, 2012 4:56pm Aug 25, 2012 4:56pm
Hey
Good to see you still at it, hoping the charts have been kind to you. Been reading your thread and you've confirmed some stuff for me, and taught me stuff as well. Thanks a bunch.
Leona
  • #993
  • Aug 25, 2012 10:27pm Aug 25, 2012 10:27pm
Quoting leonaforex
Hey
Good to see you still at it, hoping the charts have been kind to you. Been reading your thread and you've confirmed some stuff for me, and taught me stuff as well. Thanks a bunch.
Leona
Hi Leona - nice to see you again.

Had a lot of requests for a day chart approach to TMS - less hectic than all this rushing around on the 5 and 15 min charts
"To live with Passion, it takes Courage and Grace to survive"
  • #994
  • Aug 26, 2012 12:52pm Aug 26, 2012 12:52pm
Quoting Britpip7
I was not on that one - but my entry point would be the second horizontal line. I typically like to wait until RSI(10) crosses the 50 - I watch this value in the Data Window.

I only have limited time to post commentary on the charts, so what you see is what you get

Start backtesting and look for similar set-ups to the attached chart. Usually an APB colour change with top and bottom wicks precedes the TDI Cross. Once APB changes colour, there are 3 to 8 bars at that colour. Watch for PA to confirm the move.

Check the attachments (paper...
thanks for your brilliant and kind gesture. The template part i dont understand how to get it with your reply.
  • #995
  • Aug 26, 2012 9:50pm Aug 26, 2012 9:50pm
Quoting Esosa
thanks for your brilliant and kind gesture. The template part i dont understand how to get it with your reply.
here you go
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Slide1.GIF Size: 125 KB
Click to Enlarge Name: Slide2.GIF Size: 144 KB
Click to Enlarge Name: Slide3.GIF Size: 159 KB
"To live with Passion, it takes Courage and Grace to survive"
  • #996
  • Aug 27, 2012 11:20am Aug 27, 2012 11:20am
AU generally looking weaker across the pairs - AUD/CAD AUD/USD.

Watching for Fractal Low Breaks and continuation of PA
Attached Image (click to enlarge)
Click to Enlarge Name: au day 8-27-2012.gif Size: 26 KB
"To live with Passion, it takes Courage and Grace to survive"
  • #997
  • Aug 27, 2012 11:12pm Aug 27, 2012 11:12pm
Caution with this one as it hovers above the 200ema and the RSI(10) >50

3 amigos are all running the same, so pick the best set-up

AU is looking promising with a TDI cross below the mid zone as is NZ/USD

AUD/JPY and AUD/CAD have now broken their Fractal Lows and are now below the 200ema as is GBP/JPY

EUR/AUD is taking a breather - possible entries as it picks up the PA and breaks the Fractal High

Looks like most pairs have something going on
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu day 8-27-2012.gif Size: 38 KB
Click to Enlarge Name: aj day 8-27-2012.gif Size: 38 KB
"To live with Passion, it takes Courage and Grace to survive"
  • #998
  • Aug 28, 2012 8:19am Aug 28, 2012 8:19am
This pair is doing good so far. Is it going to make 1.2500 ? probably if it close firmly above 1.2200. Let's see
Attached Image (click to enlarge)
Click to Enlarge Name: euaud 210812.gif Size: 27 KB
Forex is boring but profitable with patience and discipline
  • #999
  • Aug 28, 2012 9:43am Aug 28, 2012 9:43am
Nice to see you here! I have been trading on TMS & Xman method for a few months... but I still can't a profitable way to make profit consistently. I think it's due to my daytime job and unable to check every pair in H1 or H4 chart... Last week, I was lucky to find your thread here. At the same time, I read a good article online showing that the advantages of trading on Daily Chart (http://www.learntotradethemarket.com...rading-results). So I decide to have a try your method and read all your posts here. Hopefully I can master your excellent method on the daily in one day.

Sorry for the long words above... now I would like to show my analysis on a few pair that I did. Pls have a look and give me some comments!! Thanks!!

AUDUSD
Entered on the break of low fractal and I think TDI crossed & APB color changed still within 2-3 bars that not gone away yet

AUDCAD
Entered on confirmed break of low fractal and fresh TDI crossed (similar to AUDUSD)

CADJPY
Still looking, will enter once the daily candle close today base on bounce from S/R, above EMA5 and a nice up trend

GBPJPY
Was thinking to enter but want to wait until confirmed fractal break, see how it moves after NY close today

AUDJPY
Didn't enter as too far away from the beginning of TDI/APB signal and closing EMA100 & EMA200, not a good entry for me


Pls feel free to comment on my analysis, thx so much!!!!!!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: au_2012.08.28.gif Size: 28 KB
Click to Enlarge Name: ac_2012.08.28.gif Size: 32 KB
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Click to Enlarge Name: aj_2012.08.28.gif Size: 32 KB
  • #1,000
  • Aug 28, 2012 10:42am Aug 28, 2012 10:42am
Quoting prftablefool
This pair is doing good so far. Is it going to make 1.2500 ? probably if it close firmly above 1.2200. Let's see
Very nice with the Add-Ons
"To live with Passion, it takes Courage and Grace to survive"
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