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Trading Made Simple

  • #25,481
  • Sep 25, 2013 3:33am Sep 25, 2013 3:33am
Quoting jay24
{quote} emmanuel, what do you mean 'smart money has been factored in'?. do you stay out of trades during news time?
good to read up on ' SMART MONEY''

also books which talk about What Move the Currency Market.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #25,482
  • Sep 25, 2013 3:51am Sep 25, 2013 3:51am
Quoting emmanuel7788
{quote} I do this all the time in case you have not read my posts.
Heh...you have thousands of posts! Are there any posts I really must read? Can you send me a link to these posts? I would like to know more about your strategy, S/L, T/P etc.

Thanks in advance!
  • #25,483
  • Sep 25, 2013 4:01am Sep 25, 2013 4:01am
i havent followed or posted in a thread for along time this system sure is interesting,i still have hundreds of posts to read am in page 42 any link to the updated system?
thankyou gregwilson
  • #25,484
  • Sep 25, 2013 5:40am Sep 25, 2013 5:40am
Quoting msivric
{quote} Heh...you have thousands of posts! Are there any posts I really must read? Can you send me a link to these posts? I would like to know more about your strategy, S/L, T/P etc. Thanks in advance!

msivric,

How much of this thread have you read?

Do you know how to use this forum search features and the attachments features?

Do you know how to download the indicators and setup your charts?

As far as my trading strategy using TMS, I look for market consolidation and trade the breakouts. For risk and money management, I use market volatility stop and R-Multiple method with Position Sizing strategy. I trade with Multiple Entries and Multiple Exits.

regards,
EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #25,485
  • Sep 25, 2013 7:24am Sep 25, 2013 7:24am
Quoting emmanuel7788
{quote} msivric, How much of this thread have you read? Do you know how to use this forum search features and the attachments features? Do you know how to download the indicators and setup your charts? As far as my trading strategy using TMS, I look for market consolidation and trade the breakouts. For risk and money management, I use market volatility stop and R-Multiple method with Position Sizing strategy. I trade with Multiple Entries and Multiple Exits. regards, EMMANUEL
Yes! I found your posts! Sorry for bothering you, but I'm still a newbie! What do you mean by using Multiple Entries/Exits? Does it mean if you buy (if you think the price will go up) for example EUR/USD and the price goes down, you enter another "buy" trade?
  • #25,486
  • Sep 25, 2013 11:50am Sep 25, 2013 11:50am
Synegy APB vs Heiken Ashi...
Which one we should use for TMS system
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  • #25,487
  • Sep 25, 2013 11:55am Sep 25, 2013 11:55am
emmanuel, since you trade breakouts, do you trade just before market opens and at the beginning?
e.g. before london open there will be consolidation, and once it opens, a possible breakout. etc...?
  • #25,488
  • Sep 25, 2013 2:25pm Sep 25, 2013 2:25pm
I see a yellow line in msot peoples set ups that goes along with the Heiken Ashi? Is that just a simple EMA?
  • #25,489
  • Sep 25, 2013 2:26pm Sep 25, 2013 2:26pm
hey emmanuel, took this trade e/j 1H MC candle breakout ,

took this trade in NY session ,look at chart,
Attached Image (click to enlarge)
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  • #25,490
  • Sep 25, 2013 2:50pm Sep 25, 2013 2:50pm
Quoting crazyewok
I see a yellow line in msot peoples set ups that goes along with the Heiken Ashi? Is that just a simple EMA?
Quoting emmanuel7788
{quote} When you do not know what those indicators shows you, don't use them. Just use the TDI_RT, APB or Heiken Ashi_DM and 5EMA Close,Shift +3. Everything else on your charts will only add to more questions which will not help you in trading TMS. Just know the TMS Entry and Exist Rules for 4H trading.
Your answer above!
PS: the word simple in front of EMA could confuse ;-)
  • #25,491
  • Sep 25, 2013 5:23pm Sep 25, 2013 5:23pm
Quoting Pervis
Synegy APB vs Heiken Ashi... Which one we should use for TMS system {image} {image}
TMS purists should use the Synergy APB.

The difference between the APB and the Heiken Ashi HA is in the calculated average Close price, hence sometimes you see the different colour candles.
But the average Open price remain the same, it always opens at the mid-point of the previous candle.

But using either will not make any difference to trade performance because the overall trade decision should be overall analysis of the Price Action using the real price OHLC. For this reason, I don't use APB /HA for trade entry decision.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #25,492
  • Sep 25, 2013 5:25pm Sep 25, 2013 5:25pm
Quoting atiq84
hey emmanuel, took this trade e/j 1H MC candle breakout , took this trade in NY session ,look at chart, {image}

atiq84,

Nice trade.

That is actually a H1 Inside Bar breakout trade.

A Master Candle is one large candle with 3 to 5 smaller candles within its high-low.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #25,493
  • Sep 25, 2013 5:31pm Sep 25, 2013 5:31pm
EURAUD, EURNZD and EURCAD:

Those of you who stalked these pairs since the past 2 weeks are now in the money.
Manage well and we shall see how far the run up will go.
If you get stopped out for trailing too close to market, look for LTF re-entry until we see a trend reversal.

Trade Well.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #25,494
  • Sep 25, 2013 5:44pm Sep 25, 2013 5:44pm
EURCAD re-entry trade:

Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD week 39 re-entry 26-9-2013 6-36-42 AM.png Size: 26 KB


Got stopped out by the 2 Day bears. Manage a re-entry, now let's see run to the next Hist S&R... 1.4013
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #25,495
  • Sep 25, 2013 6:03pm Sep 25, 2013 6:03pm
Quoting jay24
emmanuel, since you trade breakouts, do you trade just before market opens and at the beginning? e.g. before london open there will be consolidation, and once it opens, a possible breakout. etc...?

I am always very careful with market session open and close hours, especially Tokyo close and London close, and the NY open.
Liquidity flows through one market session to another, so when we see price retraces, that does not mean new buyers or new sellers, they can mean profit taking hence price pullbacks.
The market uses these times to set traders up instead of giving you trade setups.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #25,496
  • Sep 25, 2013 6:06pm Sep 25, 2013 6:06pm
EJ H1 26 Sep TOK

My screen just pop up a alert.... price pullback after London close, and very thin trading for 4 hours.... now we have to take our position when Tokyo open in about 1 hour.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #25,497
  • Sep 25, 2013 7:58pm Sep 25, 2013 7:58pm
Quoting Pervis
Synergy APB vs Heiken Ashi...
Which one we should use for TMS system?
Quoting emmanuel7788
{quote} TMS purists should use the Synergy APB……
For this reason, I don't use APB /HA for trade entry decision.
From my experience...i choose original candlestik for Entry (easier to interprate, since i read hundred pages of Steve Nison's book)
Once i'm in the trade, i managed it using Heiken Ashi

Hope this helps
i worshipped... Momentum
  • #25,498
  • Sep 25, 2013 9:59pm Sep 25, 2013 9:59pm
ej H1 70 pips within an hour,
Attached Image (click to enlarge)
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Attached Image
If you're going through hell, keep going. Winston Churchill
  • #25,499
  • Sep 25, 2013 10:55pm Sep 25, 2013 10:55pm
Quoting emmanuel7788
{quote} TMS purists should use the Synergy APB. The difference between the APB and the Heiken Ashi HA is in the calculated average Close price, hence sometimes you see the different colour candles. But the average Open price remain the same, it always opens at the mid-point of the previous candle. But using either will not make any difference to trade performance because the overall trade decision should be overall analysis of the Price Action using the real price OHLC. For this reason, I don't use APB /HA for trade entry decision.
Quoting rockrobb
{quote} {quote} From my experience...i choose original candlestik for Entry (easier to interprate, since i read hundred pages of Steve Nison's book) Once i'm in the trade, i managed it using Heiken Ashi Hope this helps

Thanks Emmanuel & rockrobb,
I was mention here also for take note and should be cautious when we enter the market even when the candle change color per our rule (at this moment TDI already cross at open of second candle)
  • #25,500
  • Sep 25, 2013 10:56pm Sep 25, 2013 10:56pm
Quoting Imi
ej H1 70 pips within an hour, {image} {image}
Thanks for share, very nice trade. Congratulation...
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