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Trading Made Simple

  • #17,261
  • Apr 9, 2013 12:33pm Apr 9, 2013 12:33pm
Quoting Jackub
Once I was trying system M1 called 1m1t based on MACD, few guys was doing well, I was permanently loosing, everything goes so fast, I have problems with M15 timeframe and H1 even (todays case). So, for me is difficult to me imagine how people are doing money on that and using high leverage!!?? To trade on M1, trader has to be a really very experiensed..
I agree, to trade M1 you have to be faster and smarter than other traders! Fortunately trading M1 is just a skill, you can master it if you want to, but it takes time.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #17,262
  • Apr 9, 2013 12:38pm Apr 9, 2013 12:38pm
Quoting Favorite
I agree, to trade M1 you have to be faster and smarter than other traders! Fortunately trading M1 is just a skill, you can master it if you want to, but it takes time.
Yeah, on H4, H1 I still can find someone more stupid then I am.... and get some pips....
and on M1 I am only donor... what is not so funny anymore....
JacekPreserve Precious Capital
  • #17,263
  • Apr 9, 2013 12:57pm Apr 9, 2013 12:57pm
Quoting Jackub
Yeah, on H4, H1 I still can find someone more stupid then I am.... and get some pips.... and on M1 I am only donor... what is not so funny anymore....
Well, Jackub, it's up to you, you can turn the tables, so speak! Learn how to trade M1 and stop being a prey, become a predator!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #17,264
  • Apr 9, 2013 2:34pm Apr 9, 2013 2:34pm
Quoting emmanuel7788
One way to decide is to see if there is potential for a reversal when we look at countrend setups on H4. - there has to be some kind of S&R where the H4 CT steup occur, otherwise it is just profit taking exits which cause price to pullback, - if there is S&R , then switch to higher TF like D and see what the TDI ...... {image}
Thank you very much for answer, surely helps.

Brgds, Marcin
  • #17,265
  • Apr 9, 2013 3:11pm Apr 9, 2013 3:11pm
Hey, I was wondering if anyone has been trading this for some time live consistently and seen favourable results? I had originally followed TMS during its initial inception in mid 2011 but had moved on to other things. I decided last week after browsing FF (havent been on in quite a while) to give it another try given my extra two years of knowledge. Would love to hear some input on the tradeability of Eelfranz's original TMS method.
  • #17,266
  • Apr 9, 2013 3:23pm Apr 9, 2013 3:23pm
Success and you as the trader:
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #17,267
  • Apr 9, 2013 3:25pm Apr 9, 2013 3:25pm
London P/L:-120
New York P/L: NA
Daily total:-120

London P/L:680
New York P/L:-60

Aggregate Trades: 87
Aggregate P/L: 620

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The trades were losses. Wondering if I made the correct entries

Any advice appreciated
  • #17,268
  • Apr 9, 2013 3:42pm Apr 9, 2013 3:42pm
Quoting tenmilewalk
London P/L: -120 New York P/L: NA Daily total: -120 London P/L: 680 New York P/L: -60 Aggregate Trades: 87 Aggregate P/L: 620 {image}{image}{image}{image} The trades were losses. Wondering if I made the correct entries Any advice appreciated
You made late entries
EUR/JPY you take trade on 5th candla,
EUR/USD on 5th candle
GBP/JPY bounce trade on 4th candle
USD/CHF on 5th candle

why not on first candle after TDI cross?
JacekPreserve Precious Capital
  • #17,269
  • Apr 9, 2013 3:47pm Apr 9, 2013 3:47pm
Jesus that's some negativity alright. Why does every single thread on this site turn into a sh!t fest.
  • #17,270
  • Apr 9, 2013 3:48pm Apr 9, 2013 3:48pm
AU H1 example:
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #17,271
  • Apr 9, 2013 3:53pm Apr 9, 2013 3:53pm
Quoting emmanuel7788
AU H1 example: {image}
Isnīt it too late to trade now? It will not move much. It will go sideways. Or Am I wrong?
  • #17,272
  • Apr 9, 2013 3:55pm Apr 9, 2013 3:55pm
I've been backtesting it my "entering" on the candle closes of the first candle in which the TDI crosses. A somewhat perpendicular cross to boot as opposed to a scenario where the two lines are moving in the same direction and then the green line marginally crosses (unless the line moves with some conviction away from the red). Same goes for reentries. the green should be real close to the red and then "check mark" with conviction. The TDI is only a derivative of whats showing in the candles afterall, right!!
  • #17,273
  • Apr 9, 2013 3:55pm Apr 9, 2013 3:55pm
Quoting tenmilewalk
London P/L: -120 New York P/L: NA Daily total: -120 London P/L: 680 New York P/L: -60 Aggregate Trades: 87 Aggregate P/L: 620 {image}{image}{image}{image} The trades were losses. Wondering if I made the correct entries Any advice appreciated
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I have feeling you trying take trade at LO exactly.
When LO you need to wait what direction market decide to go.
I think you can not to take signal few hours before LO and use it to trade durnig LO.
JacekPreserve Precious Capital
  • #17,274
  • Apr 9, 2013 3:56pm Apr 9, 2013 3:56pm
Quoting Jackub
You made late entries EUR/JPY you take trade on 5th candla, EUR/USD on 5th candle GBP/JPY bounce trade on 4th candle USD/CHF on 5th candle why not on first candle after TDI cross?

I agree. Your entries had nothing to do with TMS system. Remember that you have to buy/sell 1st or 2nd candle! Even 3rd is too late.
  • #17,275
  • Apr 9, 2013 3:56pm Apr 9, 2013 3:56pm
Let's take some time off and feed our spirit.
Watch this video, listen to the words.
Let the positive energy flow in this thread to show respect in memory of Eric who gave us Trading Made Simple.

Inserted Video



Trade Well folks!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #17,276
  • Apr 9, 2013 3:58pm Apr 9, 2013 3:58pm
Quoting vody105
Isnīt it too late to trade now? It will not move much. It will go sideways. Or Am I wrong?
In my experience 4 Hour is best for this strategy as Eel described it unless you live in the proper time zones. the 4 hour seems to enulf news and abrupt volitility when compared to the 1 hour which will spike and pretty much leave the TDI useless until prices settles down into its rhythms again. Plus, only checking the charts 3-4 times a day for 5 minutes at a time sounds good to me. Just my opinion
  • #17,277
  • Apr 9, 2013 4:01pm Apr 9, 2013 4:01pm
Quoting vody105
Isnīt it too late to trade now? It will not move much. It will go sideways. Or Am I wrong?
TIMING ... is very important and that requires some discretion of the trader.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #17,278
  • Apr 9, 2013 4:03pm Apr 9, 2013 4:03pm
Quoting stefan416
In my experience 4 Hour is best for this strategy as Eel described it unless you live in the proper time zones. the 4 hour seems to enulf news and abrupt volitility when compared to the 1 hour which will spike and pretty much leave the TDI useless until prices settles down into its rhythms again. Plus, only checking the charts 3-4 times a day for 5 minutes at a time sounds good to me. Just my opinion
You might be right. But I rather trade H1 because I live in Czech republic and I have London session at 9AM and NY session at 3PM. For me it is no problem to watch it.

You are right that you feel the volatility less in H4 but if it really goes the wrong direction after the news you will end on SL anyways..even on H4.
  • #17,279
  • Apr 9, 2013 4:04pm Apr 9, 2013 4:04pm
Quoting tenmilewalk
London P/L: -120 New York P/L: NA Daily total: -120 London P/L: 680 New York P/L: -60 Aggregate Trades: 87 Aggregate P/L: 620 {image}{image}{image}{image} The trades were losses. Wondering if I made the correct entries Any advice appreciated
Attached Image (click to enlarge)
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JacekPreserve Precious Capital
  • #17,280
  • Apr 9, 2013 4:06pm Apr 9, 2013 4:06pm
Quoting emmanuel7788
TIMING ... is very important and that requires some discretion of the trader.
Yeah I think so and in my opinion and experiece...nights are not good for me. It hardly ever goes to the direction Id like it to go . What is more it indicates the signal but the movement is so low that it will not take the profit and you take SL or if you are lucky take TP after London. Just my opinion... OFC, every day is different but mostly i believe it works this way
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