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Trading Made Simple

  • #17,641
  • Edited 5:44am Apr 17, 2013 4:15am | Edited 5:44am
Thank you emmanuel, I have read a lot of your posts and it helped me understand TMS better.
Your R:R money management technique sparked an idea in me to create a money management rule towards my style.
I really appreciate your posts.

I agree with your statement that:
Quoting emmanuel7788
Trading can be stress free once we fidn our own ways how to deal with that 'beast' inside us. There is a trader in us, everyone of us. This is a hidden talent and we can work to discover that over time. Some may take longerv time than others, but we will get there one by one. Yesterday, I was busy with my running project and I also had to deal with issues relating to trader's character and behaviour. The human ego is one of the greater destroyer of a trader's career. Learning to be a trader also help to shape and develops a person' character....
I also had to deal with that 'beast' inside me as I progressed. The journey wasn't smooth sailing and there were times when I felt like trading wasn't the thing for me. What kept me going was knowing that people were having great success with TMS, and so I told myself if others could do it, why couldn't I?

Nice entry on G/U on H4 timeframe.

Reasons to enter:
1. Very steep TDI cross angle on the open of the current candle. Meets entry rule of TMS.
2. Based on price action, two dojis formed after the bullish rally yesterday, indicating a possible reversal. The breakout confirms my analysis.

S/L
I placed my S/L on the previous swing high as per rules of TMS.

Attached Image (click to enlarge)
Click to Enlarge Name: GU.png Size: 20 KB


If you had followed the rules of TMS you should have entered here.

Cheers!
  • #17,642
  • Apr 17, 2013 4:35am Apr 17, 2013 4:35am
Quoting Gizzledonk
Put the TDI.mq4 in the Experts> indicators folder in your MT4 installation (where that is depends on which Win version you use) **tip,,,to find your install if you're using Win 7 click on the mt4 desktop icon and select 'open file location' close MT4 if it is already open. then reopen mt4 and look in the custom indicators folder of the Navigator where you will find the TDI indi. {image}
Thank you very much
I'll try using this from now.
  • #17,643
  • Apr 17, 2013 5:15am Apr 17, 2013 5:15am
Quoting wizard99
Comments welcome {image}
In the same trade... Watching this H1 close to decide whether to exit or not. Not much momentum for the moment but perhaps NY will bring it seeing as this is USD pair...
@pawpaw1000 on Twitter
  • #17,644
  • Apr 17, 2013 6:15am Apr 17, 2013 6:15am
Hey Harlem
Nice entry on G/U on H4 timeframe.

Reasons to enter:
1. Very steep TDI cross angle on the open of the current candle. Meets entry rule of TMS.
2. Based on price action, two dojis formed after the bullish rally yesterday, indicating a possible reversal. The breakout confirms my analysis.

S/L
I placed my S/L on the previous swing high as per rules of TMS.


Nice trade +50pips and continous...
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  • #17,645
  • Apr 17, 2013 6:22am Apr 17, 2013 6:22am
and Sell EU?
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  • #17,646
  • Apr 17, 2013 6:24am Apr 17, 2013 6:24am
Nice setups coming up on EJ en GJ
Attached Image (click to enlarge)
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  • #17,647
  • Apr 17, 2013 6:28am Apr 17, 2013 6:28am
short EU....
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  • #17,648
  • Apr 17, 2013 6:29am Apr 17, 2013 6:29am
Quoting dunggiggs
and Sell EU? {image}
I'm in EU Selling currently at 27 pips
  • #17,649
  • Apr 17, 2013 8:12am Apr 17, 2013 8:12am
yummyyyy...
but still can pullback little bit higher! ... or maybe now it is the right moment to enter before falling.

Keep an eye on it...on smaller TF.
Attached Image (click to enlarge)
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  • #17,650
  • Apr 17, 2013 8:17am Apr 17, 2013 8:17am
I'm Short EURJPY at 128.76. TDI cross on H4, price retraced from recent swing down on M15 and stalled at fib 50% from that swing. I thought good place to short. SL 80 pips TP1 at 80 PIPs
  • #17,651
  • Apr 17, 2013 8:21am Apr 17, 2013 8:21am
Quoting pawpaw1000
In the same trade... Watching this H1 close to decide whether to exit or not. Not much momentum for the moment but perhaps NY will bring it seeing as this is USD pair...
Just closed NZDUSD for 5 pip loss, still have AUDUSD for 15 pips so far
@pawpaw1000 on Twitter
  • #17,652
  • Apr 17, 2013 8:40am Apr 17, 2013 8:40am
Run Forest, run!!
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  • #17,653
  • Apr 17, 2013 9:12am Apr 17, 2013 9:12am
hello every one pls advice me went long on usd chf
reason
tdi crosss on 4hr chart
daily chart shows retracement from the daily channel
support around 09221
pls comment welcome just want to be a better trader

this shows the daily chart and below is the 4hr chart
Attached Image (click to enlarge)
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  • #17,654
  • Apr 17, 2013 9:21am Apr 17, 2013 9:21am
Closed half position at + 80 pips. Stop loss to 40 pips
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  • #17,655
  • Apr 17, 2013 9:22am Apr 17, 2013 9:22am
here is the 4hr chart
Attached Image (click to enlarge)
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  • #17,656
  • Apr 17, 2013 9:24am Apr 17, 2013 9:24am
Quoting gulayetty
here is the 4hr chart {image}
yes took the same trade too close at 50pips s/l =30
  • #17,657
  • Apr 17, 2013 9:26am Apr 17, 2013 9:26am
Quoting gulayetty
here is the 4hr chart {image}
good entry but, don't you think your SL is to tight??
JacekPreserve Precious Capital
  • #17,658
  • Apr 17, 2013 9:27am Apr 17, 2013 9:27am
Quoting adamjhdavis
I'm in EU Selling currently at 27 pips
You are still holding command?
has been EU + 60pips -->
GU closed 100
EJ + 90 -->
USD/CHF + 50 -->
  • #17,659
  • Apr 17, 2013 9:32am Apr 17, 2013 9:32am
Quoting kbp
Euro is also falling on other pairs. I shorted EU @ 60 targeting 3050
not sure if luck or PA, 3hrs to take 3160 (TDI H1 bounce + S/R + PA) -> 3050
off for today...
back... and more dangerous.
  • #17,660
  • Apr 17, 2013 9:56am Apr 17, 2013 9:56am
Gulayetty,

Just thought I'd pop in for a second, I need to go out and mow the lawn.

IMHO, you have way to much "stuff" on your charts. This will
influence your decisions on how you react to the market. I needed to make
money so I took it all off and learned how to trade just using the TDI.
The TDI in itself is the best indicator that I have found.

If you look at my eur/usd chart (below) that is exactly how I trade and look
at the markets. I try not to be influenced by anything else! Try it you
might like it...

Hope this helps you...

snarlyjack
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