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Trading Made Simple

  • #23,581
  • Aug 19, 2013 1:53am Aug 19, 2013 1:53am
Quoting gsbharaj
{quote} yup i have five resons. 1) Daily pivot point 2) Monthly pivot point 3) Upper line of the channel 4) Yesterday High 5) Area near the 200 EMA
What you have is five(5) good reasons not to trade with your hard earned money because you still have not grasped the basic entry and exit rules of TMS.

First learn the basics before you start jumping to other thread and experimenting with things you do not know nor understand. The SHI channel is not something you can trade with. Forget that, don't waste time with it. I have posted before about the use of the SHI channel on 4H trading.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #23,582
  • Aug 19, 2013 1:56am Aug 19, 2013 1:56am
Quoting TheScorpS
I would like to find the !SM_ADR mql indi, I have the exe version, but I cant modify the code to suit my template Problems Pair/Spread and !SM_ADR overlapped each other, I searched for it but could not find it, is it possible someone can help me find it? Chart showing the overlapping Thanks {image}

Sorry you will not find an original mq4 version for this ISM_ADR.
What you may find is a 'cracked' version.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #23,583
  • Aug 19, 2013 1:56am Aug 19, 2013 1:56am
Quoting emmanuel7788
{quote} What you have is five(5) good reasons not to trade with your hard earned money because you still have not grasped the basic entry and exit rules of TMS. First learn the basics before you start jumping to other thread and experimenting with things you do not know nor understand. The SHI channel is not something you can trade with. Forget that, don't waste time with it. I have posted before about the use of the SHI channel on 4H trading.
thank you so much. looks like its time to print this whole thread and get started from the first post...
Come tomorrow, I'll wake up new
  • #23,584
  • Aug 19, 2013 2:03am Aug 19, 2013 2:03am
Quoting emmanuel7788
{quote} What you have is five(5) good reasons not to trade with your hard earned money because you still have not grasped the basic entry and exit rules of TMS. First learn the basics before you start jumping to other thread and experimenting with things you do not know nor understand. The SHI channel is not something you can trade with. Forget that, don't waste time with it. I have posted before about the use of the SHI channel on 4H trading.
the basic rules of the TMS is crossing over the TDI. put there are some fake cross overs. usually i trade on a four hour chat of london session. so cant monitor it hourly. so a lot happens in 4 hour period and there are false crossing.
Come tomorrow, I'll wake up new
  • #23,585
  • Aug 19, 2013 2:03am Aug 19, 2013 2:03am
Quoting gsbharaj
{quote} thank you so much. looks like its time to print this whole thread and get started from the first post...
No need to read the whole thread. Just read all the OP' post and not there are not many ...only 463 posts and someone had already compiled all of them into pdf.
You need to have patience to read and study them. You need also to have a structure to follow to develop yourself to be a trader.
many people come to FF to learn to trade systems posted here. They do not know what it takes to become a trader. That wont's work for many people. Few people had made it but many won't make it this way. That is the fact of life here.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #23,586
  • Aug 19, 2013 2:13am Aug 19, 2013 2:13am
Quoting gsbharaj
{quote} the basic rules of the TMS is crossing over the TDI. put there are some fake cross overs. usually i trade on a four hour chat of london session. so cant monitor it hourly. so a lot happens in 4 hour period and there are false crossing.
At this moment, i can only find 3 reasons to take a short.
A slight divergence. Stochs tuning down. Previous bar close below 0.92 ( but it's pretty weak asian bar).

Against, 200 ema is actiong as support. tdi cross is not confirmed. Price is still moving up. HA not change colour. and mainly, I just don't like it yet!

opps I was looking at 4H!!
  • #23,587
  • Aug 19, 2013 2:15am Aug 19, 2013 2:15am
Hello traders,

Haven't posted for quite some time, but I am reading all posts and enjoying the thread. Now with a bit of more FREE time to practicing TMS(before going live in Sept.), I wanted to share my EURNZD 1H trade taken last nigh. It was not A+ as price already did move down. However all criteria were met, and the TMS proved to be brilliant method once again. I've exited the trade manually based on what price did in the 5min chart.

Here is the chart:
Attached Image (click to enlarge)
Click to Enlarge Name: eurnzdh1.png Size: 36 KB
  • #23,588
  • Aug 19, 2013 2:16am Aug 19, 2013 2:16am
Quoting WDays
Good day to you all, I have a few questions regarding PA.. I'd like to start with one about pullback candles... So a pullback candle is technically a pinbar which makes a lower low in a downtrend or a higher high in an uptrend, but closes respectively higher or lower than it opened (according to a pdf found in the first post of X-man's S3), but it is generally a pinbar, right? Second one is about momentum candles... Is the condition for the APB body to be at least twice the size of the previous candles (on average) + HH or LL with no wicks in the...

Pullback candle is Pin Bar.
But not all Pin Bars are tradeable in they way it is. If you break down a H1 pin bar into M15 bars, you should see a 3 bars reversal pattern.
Pin bar appearing at support and resistance are of higher probability to trade. Pin bar appearing at the London session high or low are usually good to trade.

To learn the APB, go to this link.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #23,589
  • Aug 19, 2013 2:27am Aug 19, 2013 2:27am
Quoting 45drive45
{quote} At this moment, i can only find 3 reasons to take a short. A slight divergence. Stochs tuning down. Previous bar close below 0.92 ( but it's pretty weak asian bar). Against, 200 ema is actiong as support. tdi cross is not confirmed. Price is still moving up. HA not change colour. and mainly, I just don't like it yet! opps I was looking at 4H!!

Well, I see on H1
1) You have a TDI crossed with a bearish outside bar.
2) The APB change colour APB#1
3) Stoch 8,3,3 also confirms.

4) PA - there is BEOB, then an IB., pullback from previous D high and Prev Week high. Asian high form by a Pin bar.
5) Support and Resistance - Prev D high, Prev Week High *** CONFLUENCE.


Risks:
1) Narrow range as seen with the TDI VB and also candles size.
2) Support below Prev D Fib 50%, WPv. ... enough room to scale out and BE trade.

Good to go.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #23,590
  • Aug 19, 2013 2:30am Aug 19, 2013 2:30am
Quoting Hins
Hello traders, Haven't posted for quite some time, but I am reading all posts and enjoying the thread. Now with a bit of more FREE time to practicing TMS(before going live in Sept.), I wanted to share my EURNZD 1H trade taken last nigh. It was not A+ as price already did move down. However all criteria were met, and the TMS proved to be brilliant method once again. I've exited the trade manually based on what price did in the 5min chart. Here is the chart: {image}

Good trade Hins.

You picked a wide range pair to trade. and nicely trending down.

If you managed that well, it may hit 60% of its average weekly range of 365pips.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #23,591
  • Aug 19, 2013 2:34am Aug 19, 2013 2:34am
GU Long at LO is good.
How many took that Frankie pin bar?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #23,592
  • Aug 19, 2013 2:34am Aug 19, 2013 2:34am
Quoting emmanuel7788
{quote} {quote} - where are the Prev W Fib levels? ( Use Fibonacci tool) - Look for PA near the CONFLUENCE near S&R and RNs.... - if there is D CS like an IB, make your Plan A and Plan B to trade the IB Breakout. - on your H4 chart, look for H4 CS patterns - IB, DIB, DBHLC, DBLHC, BUOB, BEOB, BU/BE Engulfing Candles, Pop Gun, etc. - Remember your TMS Entry rules - TDI cross, APB/HA candle count, Stoch confirmation, PA agrees with TDI, PA happen at S&R Confluence. - remember DISCIPLINE in PATIENCE and TIMING.... then perfect that trigger pulling...
ok this is a gem. i still have little doubts left.....

1) what are the important fib points we have to look for?
2) can you give a pdf file which explains candle stick pattern like IB,DIB,DBHLC,pop gun
3) APB/HA candle count means the 1st or the second candle?
thank you so much
Come tomorrow, I'll wake up new
  • #23,593
  • Aug 19, 2013 2:44am Aug 19, 2013 2:44am
Quoting gsbharaj
{quote} ok this is a gem. i still have little doubts left..... 1) what are the important fib points we have to look for? 2) can you give a pdf file which explains candle stick pattern like IB,DIB,DBHLC,pop gun 3) APB/HA candle count means the 1st or the second candle? thank you so much

1) I made many posts with charts of trades done.
Fib 38/50 and fib127

2) pdf file , no I do not have one made. But if 50 people here say they need one then I will find time to make one from scratch. Tell me .

3) APB/HA count always start from 1, 2, 3, .... never start from 0,1,2,3,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #23,594
  • Aug 19, 2013 2:45am Aug 19, 2013 2:45am
Now I got to go ... it is my dinner time .
You folks in the US EST waking up soon .
Maybe I catch you later before my bed time.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #23,595
  • Aug 19, 2013 2:54am Aug 19, 2013 2:54am
Quoting emmanuel7788
{quote} But if 50 people here say they need one then I will find time to make one from scratch. Tell me . ,
That's for sure Emmanuel.

Thanks
  • #23,596
  • Aug 19, 2013 2:56am Aug 19, 2013 2:56am
Quoting emmanuel7788
{quote} 1) I made many posts with charts of trades done. Fib 38/50 and fib127 2) pdf file , no I do not have one made. But if 50 people here say they need one then I will find time to make one from scratch. Tell me . 3) APB/HA count always start from 1, 2, 3, .... never start from 0,1,2,3,
thank you so much sir,
now all these points are going to be charted and to be hanged on my wall.....
Come tomorrow, I'll wake up new
  • #23,597
  • Aug 19, 2013 3:48am Aug 19, 2013 3:48am
Quoting emmanuel7788
{quote} 1) I made many posts with charts of trades done. Fib 38/50 and fib127 2) pdf file , no I do not have one made. But if 50 people here say they need one then I will find time to make one from scratch. Tell me . 3) APB/HA count always start from 1, 2, 3, .... never start from 0,1,2,3,
Hi emmanuel7788.
I too would be very grateful if you can muster the time to put together a pdf with all your knowledge and your personal touches.
It will be a great resource to learn from.

Thank you kindly, always,
Steve
  • #23,598
  • Aug 19, 2013 4:04am Aug 19, 2013 4:04am
Quoting emmanuel7788
GU Long at LO is good. How many took that Frankie pin bar?
Yep I took it and also ej 1H at the same time, 123 pips for a Monday. I love TMS
  • #23,599
  • Aug 19, 2013 4:14am Aug 19, 2013 4:14am
Quoting emmanuel7788
GU Long at LO is good. How many took that Frankie pin bar?
Very nice run up on GU in LO open, but do you now see PA reversal @1.5670 and if PA breaks below 1.5645 that could signify a reversal on the daily chart?

Thanks
  • #23,600
  • Aug 19, 2013 4:23am Aug 19, 2013 4:23am
hahahaha

i took the aud/usd and immediately closed when i got negative feedback. and now that is falling like hell.

took the g/u long and stuggling with it
Come tomorrow, I'll wake up new
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