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Trading Made Simple

  • #24,161
  • Aug 27, 2013 10:25am Aug 27, 2013 10:25am
160 pips trade folks TMS rocks!!!
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i am the lord that giveth thee power to create wealth.
  • #24,162
  • Aug 27, 2013 10:31am Aug 27, 2013 10:31am
EJ long just at +14 from entry and hoping to go Break Even when PA gets to +20
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.... laughing all the way to the bank
  • #24,163
  • Aug 27, 2013 10:33am Aug 27, 2013 10:33am
Quoting fx light
160 pips trade folks TMS rocks!!! {image}
... nice
.... laughing all the way to the bank
  • #24,164
  • Aug 27, 2013 10:36am Aug 27, 2013 10:36am
Quoting itsallover
{quote} ... nice

thanks to Emmanuel. his posts has made me a better trader
i am the lord that giveth thee power to create wealth.
  • #24,165
  • Aug 27, 2013 10:49am Aug 27, 2013 10:49am
Quoting fx light
160 pips trade folks TMS rocks!!! {image}
Oke, it worked. I'm jealous...

Well done!
  • #24,166
  • Aug 27, 2013 11:04am Aug 27, 2013 11:04am
Took 2 trades on the EJ H1 today (actually trade one was entered before the NY session closed yesterday. Both were TMS trades based on TDI crossovers....the 1st one was taken following a break below consolidation. It was basically a scalp trade that continued to my TP. I was trying for 20 or 30 pips but price did not give me a reversal or exit signal, so I stayed in. The 2nd trade was taken following a retracement after the 1st trade....and then a pullback and candle color change.....entry was made on a break below the setup candle......I moved the TP two times...from 50 to 100 and from 100 to 150 after price consolidated a little at the trend line and then broke through. I took 1/2 profit at 100 pips and let the rest run to 150. Overall a good day trading......
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  • #24,167
  • Aug 27, 2013 11:46am Aug 27, 2013 11:46am
Quoting Erol
Hi All, Attached is a compilation of posts that focus on Emmanuel's entry examples or replies to other members questions regarding entries using TMS with PASR on H4 Charts. All are sourced from Emmanuel's posts (I'm sure you wont mind Emmanuel ) Once again, please remember these are entry examples and therefore would be a part of your overall trading system. If your unsure of the difference between this fundamental concept see post # 23,294 and remember...this pdf is no excuse to not read the whole thread. You'll get a lot more out of this method...
Erol
thk very much
super this , study , study, study and learn, learn, learn
thk again
  • #24,168
  • Aug 27, 2013 12:39pm Aug 27, 2013 12:39pm
Quoting Dabbeljoe
{quote} Oke, it worked. I'm jealous... Well done!
dont be jealous bro, you too can do this. satying disciplined and following Emmanuel's Post will make you very Rich in this business
i am the lord that giveth thee power to create wealth.
  • #24,169
  • Aug 27, 2013 2:56pm Aug 27, 2013 2:56pm
Quoting fx light
{quote} dont be jealous bro, you too can do this. satying disciplined and following Emmanuel's Post will make you very Rich in this business
Haha, I'm a sis...

Don't worry, I'm learning a lot from emmanuel and others and trying to improve my discipline everyday!
  • #24,170
  • Aug 27, 2013 5:35pm Aug 27, 2013 5:35pm
Quoting fx light
160 pips trade folks TMS rocks!!! {image}
fx light,


Good trade.

My GU trade taken on H4 with the breakout bar and retracement entry.

regards,
EMMANUEL
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #24,171
  • Aug 27, 2013 5:45pm Aug 27, 2013 5:45pm
Quoting classy
{quote} Emanel bro thanks a lot for your priceless advice ..i told you earlier big e system and tdi is enough .i always follow it then just range bound or just to make some pip i use 15 m macd wich is my 2nd most favorite indi look given chart i saw earlier day candle was red and my macd was pointing dn so i whole just look in to short and same for au gu nz too ...bro i dont want to any confusion or chaos if you dont want to see macd or 15 m chart then i will not post it...i like ff and you people very much... {image}
hey classy,

No worries, I am not this thread owner neither am I the policeman here.

I have no problem when you use MACD with TMS. It is all a matter of personal preference and one has to develop his/her own system from his knowledge and experience. So long you follow your own system rules and discipline and make good profitable business trading the market, you are good. Share here for others to learn too.

regards,
EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #24,172
  • Aug 27, 2013 5:51pm Aug 27, 2013 5:51pm
I made a million dollars yesterday doing this. Drawdown was only $3M, it didn't come too close to my margin call limit.
  • #24,173
  • Aug 27, 2013 5:55pm Aug 27, 2013 5:55pm
Quoting Dabbeljoe
{quote} Haha, I'm a sis... Don't worry, I'm learning a lot from emmanuel and others and trying to improve my discipline everyday!

hey sis,

you have discipline issue ... so have I.

Just wear one rubber band onto your left wrist everytime you make a mistake due to discipline. Each time, pull that rubber band as far as it can go and release that to smack your own wrist. You wouldn't want to go to the supermarket with 1000 rubber bands on your wrist, do you?

regards,
EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #24,174
  • Aug 27, 2013 6:03pm Aug 27, 2013 6:03pm
Quoting Kanzler
I made a million dollars yesterday doing this. Drawdown was only $3M, it didn't come too close to my margin call limit.

nice.

I recall someone posting here in FF sometime back - he wrote,

"To make one million dollars, start with two...."

Over time, I learn that his statement is also correct.

Last week, in another forum, there is this forex guru who taught grid trading and he said something like, "drawdowns!, what drawdowns?. You don't suffer any drawdowns when you do not close your losing positions ..."

He's right too.

regards,
EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #24,175
  • Aug 27, 2013 6:03pm Aug 27, 2013 6:03pm
classy how goes this tdi / macd variation for you? it looks interesting can you post a template


Quoting classy
{quote} Emanel bro thanks a lot for your priceless advice ..i told you earlier big e system and tdi is enough .i always follow it then just range bound or just to make some pip i use 15 m macd wich is my 2nd most favorite indi look given chart i saw earlier day candle was red and my macd was pointing dn so i whole just look in to short and same for au gu nz too ...bro i dont want to any confusion or chaos if you dont want to see macd or 15 m chart then i will not post it...i like ff and you people very much... {image}
  • #24,176
  • Aug 27, 2013 6:11pm Aug 27, 2013 6:11pm
Quoting emmanuel7788
{quote} nice. I recall someone posting here in FF sometime back - he wrote, "To make one million dollars, start with two...." Over time, I learn that his statement is also correct. Last week, in another forum, there is this forex guru who taught grid trading and he said something like, "drawdowns!, what drawdowns?. You don't suffer any drawdowns when you do not close your losing positions ..." He's right too. regards, EMMANUEL
No offense intended but my post was mostly satire. This is another indicator thread where nobody is making money, or if they are, it's temporary luck, I guarantee it. One thing I've learned along my journey that extends well past indicatorland is that you don't risk a dollar to make a penny, unless you have a greater than 99% win rate; to do otherwise is typically the result of greed and a need to win, even at the cost of account losses. Sorry guys, the only way you'll ever make money trading is to choose places on the chart where your risk is low compared to realistic potential reward and to identify those opportunities consistently. Taking drawdown only tells me that you chose a poor place to enter and should have cut your losses long ago. Hope makes you feel good but is financial suicide in waiting.
  • #24,177
  • Aug 27, 2013 6:31pm Aug 27, 2013 6:31pm
Quoting Kanzler
{quote} No offense intended but my post was mostly satire. This is another indicator thread where nobody is making money, or if they are, it's temporary luck, I guarantee it. One thing I've learned along my journey that extends well past indicatorland is that you don't risk a dollar to make a penny, unless you have a greater than 99% win rate; to do otherwise is typically the result of greed and a need to win, even at the cost of account losses. Sorry guys, the only way you'll ever make money trading is to choose places on the chart where your risk...

No worries. None taken.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #24,178
  • Aug 27, 2013 6:34pm Aug 27, 2013 6:34pm
Quoting Kanzler
{quote} No offense intended but my post was mostly satire. This is another indicator thread where nobody is making money, or if they are, it's temporary luck, I guarantee it. One thing I've learned along my journey that extends well past indicatorland is that you don't risk a dollar to make a penny, unless you have a greater than 99% win rate; to do otherwise is typically the result of greed and a need to win, even at the cost of account losses. Sorry guys, the only way you'll ever make money trading is to choose places on the chart where your risk...

Interesting point of view Kanzler...yet you've subscribed to the thread (oh yea of little faith)! Furthermore, these are your beliefs and the TMS traders that understand the use of a proper trading system (not trading strategy) will see that.

I urge you to read the thread and understand the work and enhancements that has gone into this system since its inception and that it is purely not just "another indicator thread." When you read the thread you will see that the "journey" of this thread extends "well past indicatorland"...a little hint here...the TMS indicator merely adds confluence to many A+++ trades that are based on proper planning and above all else PA and PASR with proper risk management rules to obtain R:R of 2:1 +

Now when you read the thread (if you can even be arsed to do this) you will see that using the TMS method with PASR in conjunction with the trade planning and trading system development explained throughout the 1209 pages of this thread you can make money trading by choosing "places on the chart where your risk is low compared to realistic potential reward and to identify those opportunities consistently"
  • #24,179
  • Aug 27, 2013 6:35pm Aug 27, 2013 6:35pm
Quoting Erol
{quote} Interesting point of view Kanzler...yet you've subscribed to the thread (oh yea of little faith)! Furthermore, these are your beliefs and the TMS traders that understand the use of a proper trading system (not trading strategy) will see that. I urge you to read the thread and understand the work and enhancements that has gone into this system since its inception and that it is purely not just "another indicator thread." When you read the thread you will see that the "journey" of this thread extends "well past indicatorland"...a little...
How many months have you been profitable? Tell the truth.

The problem with all of this confluence is the fact that none of the underlying indicators have any merit in being an edge in themselves. It's just tossing crap on top of crap. In the end you don't get a golden money making machine, just a big stinking pile of manure.

And let's see how many bars of gold Van Tharp owns. Maybe one from his book sales (he thanks you), nothing more.
  • #24,180
  • Aug 27, 2013 6:40pm Aug 27, 2013 6:40pm
Quoting Kanzler
{quote} How many months have you been profitable? Tell the truth. The problem with all of this confluence is the fact that none of the underlying indicators have any merit in being an edge in themselves. It's just tossing crap on top of crap. In the end you don't get a golden money making machine, just a big stinking pile of manure. And let's see how many bars of gold Van Tharp owns. Maybe one from his book sales (he thanks you), nothing more.
So what are you trying to achieve here then?
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