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Trading Made Simple

  • #23,741
  • Aug 20, 2013 1:19pm Aug 20, 2013 1:19pm
Quoting Bordy
{quote} Hi Phx62, very nice trades as always... i would like to ask a question about the London Session trade...Was it this entry a little agressive? i mean, i would probably wait for the completition of a blue candle and then enter on a break above... Did you see a strong reversal momentum? There was a strong sell move during the asian session, so maybe expect a little consolidation as well? Thanks
Yes....the entry was aggressive but it was based on price action. There was a strong pullback on the red LO candle and then another strong pullback blue candle. Price had already moved over 60 pips away from the low. I considered that "strong reversal momentum" and that was the reason for the entry.
  • #23,742
  • Aug 20, 2013 2:35pm Aug 20, 2013 2:35pm
Took this trade after completion of an AB=CD pattern off the 1H chart , signal taken of the 15M chart after forming a pullback candle inside bar showing bears weakness

Exited manually for +46 pips , could have stayed far more if followed my trading plan and rules
Attached Image(s) (click to enlarge)
Click to Enlarge Name: TDI.jpg Size: 262 KB
Click to Enlarge Name: AB=CD.jpg Size: 282 KB
I Have Learned to Take Some Losses to Make Profits
  • #23,743
  • Aug 20, 2013 2:56pm Aug 20, 2013 2:56pm
Quoting parsfx
nice pin bar H4 cross tdi H1 {image} {image}
hello Parsfx
thk for show us your enter point, but I would like to know about how you determine your enter, in the nex open canddle?
  • #23,744
  • Aug 20, 2013 4:05pm Aug 20, 2013 4:05pm
Quoting emmanuel7788
{quote} here download this pdf
Emmanuel,

I could manage just now to check the thread and thank you very much that you answered me so detailed!

Bet regards,
thrax
  • #23,745
  • Aug 20, 2013 6:15pm Aug 20, 2013 6:15pm
GU week 34 update:

With a stronger EU and EG, GU goes sideways.

Still no visible move yet and PA remains in the rising channel we drew on Sunday.
Still testing our patience.
Attached Image (click to enlarge)
Click to Enlarge Name: GU week 34 H4 update 21-8-2013 7-05-41 AM.png Size: 51 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #23,746
  • Edited 6:59pm Aug 20, 2013 6:26pm | Edited 6:59pm
Quoting Hins
{quote} Hi Emmanuel, Yes, that trade went fine, it is all result of what I've learned from your posts and educational links. Here is the next one just closed, although APB show potential for this trade. On the other hand the market base line is still in the bearish area, and I will be off for some time. {image}

Hi Hins,

Your Plan A (CONTINUATION) trade worked out.

Then Plan B (REVERSAL) trade also worked out. Now the Plan B went and hit 100% of the average weekly range ...+ 500pips move.

Now the guys now knows why there must be a Plan A and a Plan B when we trade 4H swings.

Good Trading.

regards
EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #23,747
  • Aug 20, 2013 6:45pm Aug 20, 2013 6:45pm
Well I have survived 1 year of trading and really wish I had found this thread a year ago instead of 3 months ago. I have learned so much from all of you, most of all I have learned how little I know and how much work I have to do. This thread has helped me so much I truly feel that I have finally gotten onto the path to becoming a "real trader" thanks to all of you for sharing your knowledge, I hope to be in that position some day!

Best wishes to all on this thread!
  • #23,748
  • Edited 7:46pm Aug 20, 2013 7:12pm | Edited 7:46pm
Hi All,

Attached for your reference is a brief synopsis on the main posts by Emmanuel regarding stop losses. Any questions...use the post reference numbers at the bottom of the page - you will more than likely find the answer to what your looking for there.

There was no way to compile this PDF other than by reading the entire thread. It has taken me the guts of two weeks to do this (reading the whole thread & taking notes) - this may seem like a long time to many of you. But look at it this way...is it really a long time when you compare this to the hours of mistakes you will have made by not reading this thread...or when you compare to the time you will spend searching for answers to questions you may have on certain concepts surrounding TMS H4....simple answer - NO! Learning to trade consistently takes a long time...2 weeks is not a long time for the amount of key reference points and detail I have amassed as a result of this small project to aid me in my battle for consistency.

You owe it to yourself to do this if you want to be successful using this technique. Remember lads (and ladies) there are no shortcuts!

More importantly...you owe it to Emmanuel if you want to trade H4 using TMS...do you think he has spent more than 2 weeks collectively posting, compiling charts and examples and answering peoples questions (sometimes the same questions repeatedly over and over again!)...without doubt yes!

Erol
Attached File(s)
File Type: pdf Emmanuel_Stop_Loss_Summary_Posts.pdf   374 KB | 1,909 downloads
  • #23,749
  • Aug 20, 2013 7:15pm Aug 20, 2013 7:15pm
Quoting emmanuel7788
{quote} Hi Hins, Your Plan A (CONTINUATION) trade worked out. Then Plan B (REVERSAL) trade also worked out. Now the Plan B went and hit 100% of the average weekly range ...+ 500pips move. Now the guys now knows why there must be a Plan A and a Plan B when we trade 4H swings. Good Trading. regards EMMANUEL
Couldn't agree more Emmanuel - a classic example of having a plan.

For those of you wondering what plan C would have been in this example....well it would be to let profit run!
  • #23,750
  • Aug 20, 2013 7:19pm Aug 20, 2013 7:19pm
Quoting gasj00
Hello to all in this threat It would be nice if we can do planning post it and make following, so that way we can explain and learn in the middle of the process, of course all this in demo account, so the importan is learn thk all of you

gasj00,

Do you mean to post and share each other' trade planning and then update as we progress through the trading week?
If anyone wants to do weekly trade planning on Sundays London afternoon, give me a shout and if there is enough interest, then someone has to start a Skype group and manage that Skype group, name that "TMS Planning Group" or something suitable. Invite me please.

BTW, I know English is not the first language of many people here. This is TMS thread (spell with 'd' at the end) .
Threat is something like when the market moves against your trade entry and threaten to take your stopl loss.
Just learn some English as well while we trade TMS here.

regards,
EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #23,751
  • Aug 20, 2013 7:24pm Aug 20, 2013 7:24pm
Quoting Erol
{quote} Couldn't agree more Emmanuel - a classic example of having a plan. For those of you wondering what plan C would have been in this example....well it would be to let profit run!

Excellent! ...

To make money, we must Always Be In The Market.

Having a Plan A, Plan B and Plan C will keep you in the market.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #23,752
  • Aug 20, 2013 8:37pm Aug 20, 2013 8:37pm
Hi,
Happy to see the thread is going good. Nice to see you around Emmanuel.
Busy with Baby and stuff but trying to keep up with posts. No trading in Aug for me though.
Thank you all
Mike
Failure, is a wonderful teacher!
  • #23,753
  • Aug 20, 2013 9:17pm Aug 20, 2013 9:17pm
Quoting emmanuel7788
{quote} Just learn some English as well while we trade TMS here. regards, EMMANUEL
wow snap ! lol kiddin


morning guys , good day for trading , wednesdays are good

btw

*kid runs up to Mark Sanchez & hands him a coke*
*kids starts walking away*
"Hey kid, catch."
*throws 3 interceptions, 2 fumbles & a pick 6*

this made my day
  • #23,754
  • Aug 20, 2013 9:20pm Aug 20, 2013 9:20pm
NZDUSD 4H (confirmation with day chart)

Entered the trades 30minutes earlier . 4 positions in 2 accounts.

The reason why I entered the trades was because it was a clear bounce at 4H as can be seen in the image below. However, the line is near 32 in TDI which makes it not so favourable. Hence, I clicked into Day Chart and look for confirmation.

Day chart shows a good down movement. Plus, it's only the beginning of third candle and with the Risk:Reward around 1:1, I take a little bit of risk by entering the trades.

It paid off apparently, +35 pips in 10minutes. Moved the SL to BE. Closed one at +30... Letting the rest on free rides.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: NZDUSD.png Size: 61 KB
Click to Enlarge Name: NZDUSD1d.png Size: 69 KB
  • #23,755
  • Aug 20, 2013 9:32pm Aug 20, 2013 9:32pm
Quoting FxLapozi
NZDUSD 4H (confirmation with day chart) Entered the trades 30minutes earlier . 4 positions in 2 accounts. {image} {image}

i hear and i raise you this AU trade, didnt like the candle on da kiwi bt AU PA since yesterday is great, btw checkout EURAUD

p.s. didnt depend on tdi angle here cuz its lagging alot if u see da pic
Attached Image (click to enlarge)
Click to Enlarge Name: audusd-h4.jpg Size: 60 KB
  • #23,756
  • Aug 20, 2013 9:36pm Aug 20, 2013 9:36pm
Quoting FxLapozi
NZDUSD 4H (confirmation with day chart) Entered the trades 30minutes earlier . 4 positions in 2 accounts. The reason why I entered the trades was because it was a clear bounce at 4H as can be seen in the image below. However, the line is near 32 in TDI which makes it not so favourable. Hence, I clicked into Day Chart and look for confirmation. Day chart shows a good down movement. Plus, it's only the beginning of third candle and with the Risk:Reward around 1:1, I take a little bit of risk by entering the trades. It paid off apparently, +35 pips...
FxLapozi,

Excellent trade, well taken.

H4 pattern alerts was screaming H4 Double Inside Bars DIB, plus a Bearish Engulfing BEEB as the Breakout Bar @ 0.8000

This is A+++ trade setup.

regards,
EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #23,757
  • Aug 20, 2013 10:39pm Aug 20, 2013 10:39pm
Quoting emmanuel7788
{quote} gasj00, Do you mean to post and share each other' trade planning and then update as we progress through the trading week? If anyone wants to do weekly trade planning on Sundays London afternoon, give me a shout and if there is enough interest, then someone has to start a Skype group and manage that Skype group, name that "TMS Planning Group" or something suitable. Invite me please. BTW, I know English is not the first language of many people here. This is TMS thread (spell with 'd' at the end) . Threat is something like when the market...
Hello
emmanuel
Yes that would be great and you have all the razon learn learn and learn that it is the Idea in this tread ,
I am happy to know that you like the Idea, By this moment I read a lot of the thread but I still working in all the material and the wisdom in the diferent post
Like Erol say read!!! I have a lot work to do, but I still belive That I can learn more AIM if I made the practice with all of you.
If you let me upload my weekly trade planning and work on it with all the people I donīt have any problem, the Idea would be focus in 1 or 2 pair, I know someones are more advanced but the Idea it is learn learn and learn

I am going to do that Erol say about read all 1188, by this moment I read like 60% but still a lot of think to learn and understand to my trading personality

Again thk so much for work with us and share
find the path,learn the path and stay in the path
  • #23,758
  • Aug 20, 2013 11:08pm Aug 20, 2013 11:08pm
Quoting emmanuel7788
{quote} Hi gasj00, When I talk about Price Action I am referring to the use of the real price bar/candlestick and not the HA or APB. See example using the AU trade yesterday, there was a Pin Bar which form the Asian session high. The PA following that Pin Bar gave a very good sell trade yesterday. regards, EMMANUEL {image}
Like you say : Excellent 5 points....
  • #23,759
  • Aug 20, 2013 11:54pm Aug 20, 2013 11:54pm
Again practicing daily planning, EUR?USD

Pls share your thoughts on my planning, what am I doing here?
Attached Image (click to enlarge)
Click to Enlarge Name: Daily_PlanningEUR_USD.jpg Size: 193 KB
I Have Learned to Take Some Losses to Make Profits
  • #23,760
  • Aug 21, 2013 12:04am Aug 21, 2013 12:04am
Quoting TheScorpS
Again practicing daily planning, EUR?USD Pls share your thoughts on my planning, what am I doing here? {image}
Imo there will be little movement until FOMC later, EU depresses me at the moment with the ADR.

Personally i don't plan like you do, more "What am i looking or, what will i do, and what would Phx62 do"

However they do look good
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