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Trading Made Simple

  • #21,281
  • Jul 2, 2013 10:08am Jul 2, 2013 10:08am
Quoting jodwayne
EU stopped me out but salvaged 16 pips. better than a loser on my first TMS trade



+16pips is quite good considering the very small initial SL you placed.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #21,282
  • Jul 2, 2013 10:21am Jul 2, 2013 10:21am
Took three trades today .
au +20
ej +25
eu+22
working on my entries next will be my tp
thanks phx62
Trade what you see .
  • #21,283
  • Jul 2, 2013 10:30am Jul 2, 2013 10:30am
Quoting emmanuel7788
{quote} here is how you can setup the PAc using MA. {image}
Hi Emmanuel,

Do you have any more info on the PAC?

Kind regards

Adam
  • #21,284
  • Jul 2, 2013 10:43am Jul 2, 2013 10:43am
Quoting adamjhdavis
{quote} Hi Emmanuel, Do you have any more info on the PAC? Kind regards Adam
Hi Adam,

You will find some info in this attached pdf.

TMS is derived from the Synergy system
Using the PAC is considered conservative and TMS Enrty is agressive.

Using the PAC to trade in lower TF like M15/M5 for scalping is a good method.
But when we use the PAc to scalp, we must use the full TDI Pl green and TSL red with the yellow MBL to manage trade exits. Do not use TDI goes flat, hook over, etc. cross for exits when you use the PAC with TDI.

regards,
EMMANUEL
Attached File(s)
File Type: pdf Synergy E.A.S.Y. Trading Method.pdf   1.8 MB | 2,763 downloads
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #21,285
  • Jul 2, 2013 10:45am Jul 2, 2013 10:45am
Quoting emmanuel7788
{quote} Hi Adam, You will find some info in this attached pdf. TMS is derived from the Synergy system Using the PAC is considered conservative and TMS Enrty is agressive. Using the PAC to trade in lower TF like M15/M5 for scalping is a good method. But when we use the PAc to scalp, we must use the full TDI Pl green and TSL red with the yellow MBL to manage trade exits. Do not use TDI goes flat, hook over, etc. cross for exits when you use the PAC with TDI. regards, EMMANUEL {image}
Thanks Emmanuel for the quick reply, finally got the APB loaded. what a difference they make. I hope to post a few trades soon.
  • #21,286
  • Jul 2, 2013 10:46am Jul 2, 2013 10:46am
Quoting dano858
Took three trades today . au +20 ej +25 eu+22 working on my entries next will be my tp thanks phx62

dano858,

please post your charts to show and share your trade entries were.
thanks.

regard
EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #21,287
  • Jul 2, 2013 10:53am Jul 2, 2013 10:53am
Here is an example how you can trade LTF M5 using the PAC on a volatile pair like EJ.
Entries are much easier than looking for PA and S&R.
Attached Image (click to enlarge)
Click to Enlarge Name: EJ 2 Jul M5 scalping 2-7-2013 10-46-56 PM.png Size: 69 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #21,288
  • Jul 2, 2013 10:58am Jul 2, 2013 10:58am
Quoting emmanuel7788
Here is an example how you can trade LTF M5 using the PAC on a volatile pair like EJ. Entries are much easier than looking for PA and S&R. {image}
That is awesome I cant wait to try this for sharper entries tomorrow.

BE this AM on EJ after being 20 points up, this would have saved some points and got me in on the short.

THANKYOU
  • #21,289
  • Jul 2, 2013 11:02am Jul 2, 2013 11:02am
Well after that failed eur/usd trade this morning, took 2 more trades :
Long eur/usd from 1,3000, closed for +30
And a long e/j per tms entry rules, +60 pips closed

Charts incoming !
  • #21,290
  • Jul 2, 2013 11:06am Jul 2, 2013 11:06am
Quoting adamjhdavis
{quote} That is awesome I cant wait to try this for sharper entries tomorrow. BE this AM on EJ after being 20 points up, this would have saved some points and got me in on the short. THANKYOU
we must realise by now that the market condition has changed for the Yen pairs.
As traders, we must be flexible and must be quick to adapt to the changing market conditions.
Just look at 4H trading today for EU when NYO. Price wnet down and up and now back down in one H4 candle.
For those trade 4H like I do, we place huge SL and use multiple entries to survive this type of market.

For those who like to scalp in lower TF M5 or M15, I recommend you use the PAC method. Works much easier that trading TDI and APB alone.

Even the TDi has become too slow in volatile market these days. Use Fast TDI.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #21,291
  • Jul 2, 2013 11:15am Jul 2, 2013 11:15am
Quoting emmanuel7788
{quote} we must realise by now that the market condition has changed for the Yen pairs. As traders, we must be flexible and must be quick to adapt to the changing market conditions. Just look at 4H trading today for EU when NYO. Price wnet down and up and now back down in one H4 candle. For those trade 4H like I do, we place huge SL and use multiple entries to survive this type of market. For those who like to scalp in lower TF M5 or M15, I recommend you use the PAC method. Works much easier that trading TDI and APB alone. Even the TDi has become...
Fast TDI?
  • #21,292
  • Jul 2, 2013 1:00pm Jul 2, 2013 1:00pm
Quoting adamjhdavis
{quote} Fast TDI?
I think it is a TDI that gives more importance to the last market movements. Advantage is that you can get a quicker signal for entry but also a higher chance of a fake-out. But i'm not sure
Don’t ever let someone tell you that you can’t do something.
  • #21,293
  • Jul 2, 2013 2:09pm Jul 2, 2013 2:09pm
Quoting Phx62
Two trades so far this week....both EJ H1 trades taken at or near LO. Closed the first one manually after a pullback and market ranging. Second one hit TP before reversing.....had a signal to go long but I don't like taking trades right at NYO, so I passed on that one. {image}
Ph62, I am always impatient to see your charts!
This helps me to compare my analysis made ​​during the days.
Once again thank you!
  • #21,294
  • Jul 2, 2013 3:28pm Jul 2, 2013 3:28pm
Quoting emmanuel7788
Here is an example how you can trade LTF M5 using the PAC on a volatile pair like EJ. Entries are much easier than looking for PA and S&R. {image}
Thanks for this clear example!
  • #21,295
  • Jul 2, 2013 4:02pm Jul 2, 2013 4:02pm
Quoting emmanuel7788
Here is an example how you can trade LTF M5 using the PAC on a volatile pair like EJ. Entries are much easier than looking for PA and S&R. {image}
Emmanuel,
Thank you for posting. The yellow lines are Malone's 34ma channel?
Thanks.
  • #21,296
  • Jul 2, 2013 5:02pm Jul 2, 2013 5:02pm
Quoting MidnightRun
{quote} Emmanuel, Thank you for posting. The yellow lines are Malone's 34ma channel? Thanks.
Midnight Run:

The Yellow lines are 2 Moving averages overlayed on your chart:

  1. MA 1 = the 5MA Set to High and applied to smoothed
  2. MA 2 = the 5MA Set to Low and applied to smoothed


Attached Image




Check out the video below should help you a bit:

http://www.compassfx.com/video/ip/32512/32512.html
  • #21,297
  • Jul 2, 2013 6:33pm Jul 2, 2013 6:33pm
AU 3 Jul Asian session:

D1 is very much sideway with previous D1 bar swin up and down of almots same range.
Today is Aussie retail sale and trade balance data release in about 2 hours....
Good for M5/M15 scalping using PAC. You need to be quick and watch the slippage. Should be good for 20~30pips scalps.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #21,298
  • Jul 2, 2013 6:34pm Jul 2, 2013 6:34pm
Quoting Erol
{quote} Midnight Run: The Yellow lines are 2 Moving averages overlayed on your chart: MA 1 = the 5MA Set to High and applied to smoothed MA 2 = the 5MA Set to Low and applied to smoothed {image} Check out the video below should help you a bit: http://www.compassfx.com/video/ip/32512/32512.html
Good post Erol.
Thanks!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #21,299
  • Jul 2, 2013 6:55pm Jul 2, 2013 6:55pm
Quoting emmanuel7788
EU week 27 2 Jul pre-NYO : a nice 4H setup and in time for NYO, so get a good entry price or try 4H scalp this for some pips...the Big E way. {image}

Here is an update to the EU 4H setup .

Those who scalped the NYO opening candle got some pips following the setup candle.
Those who trade 4H waited for a better price entry may have gotten a Fib38/50 entry but that wasn't easy, so a lower TF entry was the answer.

Today we shall see if this continue to run down or reverses back UP. Market is sideways, so this can happen until the next HTF trend.
Attached Image (click to enlarge)
Click to Enlarge Name: EU week 27 4H trade update 3-7-2013 7-45-19 AM.png Size: 58 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #21,300
  • Jul 2, 2013 7:12pm Jul 2, 2013 7:12pm
Hi All,
took 3 trades last night my time. each at 1800 which is 1 hour after LON open.
Closed the AUDCHF as it was going sideways for 5 pips profit.
AUDUSD closed 50% at + 30 pips, other 50% closed when trailing stop hit at + 25 pips.
EU trade hit 20 pip target.
so a nice evening trading.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 20130702 sell eurusdh4.png Size: 53 KB
Click to Enlarge Name: 20130701 sell audusdh4.png Size: 54 KB
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