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Trading Made Simple

  • #17,741
  • Apr 18, 2013 6:18pm Apr 18, 2013 6:18pm
Hi Jvbs,

You can try this

http://www.forexfactory.com/showthread.php?t=294327
  • #17,742
  • Apr 18, 2013 6:59pm Apr 18, 2013 6:59pm
Quoting snarlyjack
Hello Rino, Yes...add the TMS osc. 3tf to your charts and make sure that all 3 time frames line up with the same color.
Thanks for your quick reply.

So if I'm trading H1, then H1, H4, and D tf should be all same color ? That is rarely happens to get all these tf same color (directions)! Of course it would be great if it will happen.

So, if we follow the rules of matching 3 colors on TMS osc, then we will miss so many trades!
Attached Image (click to enlarge)
Click to Enlarge Name: 3tf.jpg Size: 1.5 MB
  • #17,743
  • Apr 18, 2013 8:50pm Apr 18, 2013 8:50pm
Rino,

So... that tells you it is a higher risk trade and to trade appropriately.
Or, you could check all your charts to find one that matches up to the
matrix (lower risk trade). Remember to always trade with the trend.

It helps you realize the risk of the trade. Play with it and get a feeling
for how it works...

snarlyjack
  • #17,744
  • Apr 18, 2013 11:28pm Apr 18, 2013 11:28pm
All of you need to listen to Snarly Jack.....re-read his posts.....determine what he is saying and what he is trying to get each of you to find on your own. He has become very successful at trading this system.....the TMS system rocks because it is so simple....everytime you add another indicator to the system, you make it more complicated and confusing as to when to enter a trade or exit a trade. KISS and trade successfully. My own trading plan is based on the TMS and I have had one losing week in 2013. Most weeks are at least 300 pips net profit. Big E's TMS works and works well for those who learn to trade it like Big E and like Snarly Jack.....Many green pips to all....it can be done!!!!!!
  • #17,745
  • Apr 19, 2013 12:34am Apr 19, 2013 12:34am
SnarlyJack,
Thanks for the last couple of posts!
It's great to see some 'old timers' giving out valuable advice!
Phx62..really good to see you around too..

Simple is nearly always better!
  • #17,746
  • Apr 19, 2013 1:39am Apr 19, 2013 1:39am
hi Phx62 if you want and have time can you post EU entry from 8/4/2013 -->15-16 /04/2013 on EU tf60 are on trading range

wich day you want

the important is not the entry but the manage ed exit position in this day

thanks and good week
  • #17,747
  • Edited 1:56am Apr 19, 2013 1:46am | Edited 1:56am
Quoting raster
Hi Harlem, you're not alone on this one I applied the origine TMS method : green cross red, 2 o'clock, Strong candle, SL on latest low. Just have to find a better method to exit... {image}
Hi raster,

Just wondering...
Did you exit or stayed on the trade?
I stayed because the bearish PA could not close below that support level and the pullbacks from the support level were strong.

Quoting snarlyjack
We can beat the hedge funds at their own game but you can't be greedy and you have to be smart about it. The middle part of the trade is our sweet spot. snarlyjack
I like what you said here snarlyjack... It's a great way to keep greed at bay, especially when we might feel miserable by exiting too early.. when price starts to run further in our favour.
  • #17,748
  • Apr 19, 2013 1:55am Apr 19, 2013 1:55am
Quoting Jackub
Yes I will move on, but now I see your question under little other angle... it worry me a bit, but as you say I will move on. If you feel somehow offended by me, please apologise... it wasn't my intention .... Best Regards Jacek
Jackup Please carry on as u are , U have made me realize something , Don't worry about others , Thanks
  • #17,749
  • Apr 19, 2013 2:01am Apr 19, 2013 2:01am
Quoting terminator12
Jackup Please carry on as u are , U have made me realize something , Don't worry about others , Thanks

Hi Terminator,
Thank you very much for this nice words turned to me, and be sure I will not give up, and not stop working together with all of you guys here, just have to take deeper breth, thats all...
JacekPreserve Precious Capital
  • #17,750
  • Apr 19, 2013 2:23am Apr 19, 2013 2:23am
Quoting rino88au
Thanks for your quick reply. So if I'm trading H1, then H1, H4, and D tf should be all same color ? That is rarely happens to get all these tf same color (directions)! Of course it would be great if it will happen. So, if we follow the rules of matching 3 colors on TMS osc, then we will miss so many trades! {image}

Rino,
as Snarlyjack said (chapeau bas… Snarlyjack) it is your decision about risk taken…
Take look and see, green square of TMS Osc shows TDI GREEN line is over the TDI RED line, and red square on TMS Osc shows GREEN TDI line below RED TDI line, so knowing now the trend on H1 is UP, H4 is UP and D1 is DOWN, what is your decision, will take that risk or not? There are other factors to be taken under consideration but we are looking for highest probability trades because we risk OUR MONEY. Look, if you have H1 and H4 green and D1 red, go to M15 and what you see? Probably M15 green(or red), H1 green and H4 green. SO wait till M15 turn to green and look for entry and trade safely on M15. But on H1, if I see D1 red, will wait until price reach higher level, be exhausted and start falling down, and then there is my turn to take action! I don't care how many trades has not been taken in meantime, it simply wasn't mine trades… if you need high winner %, do not chase the price.
JacekPreserve Precious Capital
  • #17,751
  • Apr 19, 2013 2:45am Apr 19, 2013 2:45am
Lets see how this one goes....
Attached Image (click to enlarge)
Click to Enlarge Name: EG.GIF Size: 34 KB
  • #17,752
  • Apr 19, 2013 3:11am Apr 19, 2013 3:11am
Quoting pinux76
hi Phx62 if you want and have time can you post EU entry from 8/4/2013 -->15-16 /04/2013 on EU tf60 are on trading range wich day you want the important is not the entry but the manage ed exit position in this day thanks and good week
I think it's bester if Phx62 posts it in real time i.e. today so we can learn
What can be better than learning from the H1 TDI scalping master Phx62
I can trade H1 now all thanks to Phx62 charts.
back... and more dangerous.
  • #17,753
  • Apr 19, 2013 3:21am Apr 19, 2013 3:21am
eur/gbp trade from above ...SL now at BE...
  • #17,754
  • Apr 19, 2013 3:26am Apr 19, 2013 3:26am
Quoting kbp
I think it's bester if Phx62 posts it in real time i.e. today so we can learn What can be better than learning from the H1 TDI scalping master Phx62 I can trade H1 now all thanks to Phx62 charts.
Hi KBP where can i find Ph62 charts
  • #17,755
  • Apr 19, 2013 3:27am Apr 19, 2013 3:27am
Dear Traders , What should be between entry and S/L of pips , I find 20 pips is bit tight ,
  • #17,756
  • Apr 19, 2013 3:39am Apr 19, 2013 3:39am
Out for +18 pips....on eur/gbp

Still learning to manage emotions when PA turns/stalls. It isnt easy when Ive seen Profitable trades get stopped out at break even, or worse a loss....the terms Fear and greed come to mind....LOL

W99
  • #17,757
  • Apr 19, 2013 3:50am Apr 19, 2013 3:50am
Quoting terminator12
Hi KBP where can i find Ph62 charts
there are 3 PDFs in total from those who collected Phx62 posts. I only kept one and attached here http://www.forexfactory.com/showthre...84#post6581684
back... and more dangerous.
  • #17,758
  • Apr 19, 2013 3:55am Apr 19, 2013 3:55am
Quoting snarlyjack
Hello Rino, Yes...add the TMS osc. 3tf to your charts and make sure that all 3 time frames line up with the same color.... I think this will answer all your questions... snarlyjack
Thanks snarlyjack. Just found & installed this. It's extremely useful tool, can stop switching back and forth now.
Reading through the past data, I def. could have gain more pips with this tool.

Agree that all 3 TF lines up are neccessary for H4 trading.

IMO, H1 & H4 are good enough for H1 trading.
back... and more dangerous.
  • #17,759
  • Apr 19, 2013 3:57am Apr 19, 2013 3:57am
Quoting terminator12
Hi KBP where can i find Ph62 charts
You can find them at Xman's Super Simple System in the attachment section of the thread , there are 2 compiled PDF files for Phx62 that are very important in studying how to trade this strategy

This is the thread where you can find the files

http://www.forexfactory.com/showthread.php?t=327972

Good Luck
I Have Learned to Take Some Losses to Make Profits
  • #17,760
  • Apr 19, 2013 3:59am Apr 19, 2013 3:59am
The OSC 3 MTF indicator is repainting, So, be aware while backtesting bcoz evrything looks good but in real time the square can suddenly blink and change color. It better to see the TDI Cross in higher timeframes with our own eyes .
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