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Trading Made Simple

  • #25,781
  • Oct 3, 2013 6:16am Oct 3, 2013 6:16am
Quoting tk5
{quote} ok I found it...but it looks different, how do I delete blue and yellow lines on cAlgo? also..do I need to change values just for Trade Made SImple? {image}

tk5,

good you found the TDi.
keep all the lines you see red,yellow,green,blue....
you will need them and learn to trade with them.

my question to you:
have you found the Average Price Bar or the Heiken Ashi?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #25,782
  • Oct 3, 2013 7:06am Oct 3, 2013 7:06am
Now NY open, the fun starts and for the next few hours until London closes.

I am still bullish on EU and GU.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #25,783
  • Oct 3, 2013 7:16am Oct 3, 2013 7:16am
Question for the pro's

Do we have a valid ABCD pattern on the EJ H1, and when we see the H4 in a channel are we going to get a set up for a short on the H4 ?
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  • #25,784
  • Oct 3, 2013 7:36am Oct 3, 2013 7:36am
Quoting Pipsmurfer
Question for the pro's Do we have a valid ABCD pattern on the EJ H1, and when we see the H4 in a channel are we going to get a set up for a short on the H4 ? {image} {image}

The H1 ABCD is good. Why?
The BC leg retracement is shallow ~25% and that big candle up was strong and complete the CD leg nicely at Fib-E 161% of the Prev D.

Now that H4 is tricky @133.00 as the TDI indicates a uptrend and the range is rather wide in that H4 channel...'W' wave.

Edit: Shallow retracement means trend is strong.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #25,785
  • Oct 3, 2013 7:41am Oct 3, 2013 7:41am
Quoting emmanuel7788
{quote} tk5, good you found the TDi. keep all the lines you see red,yellow,green,blue.... you will need them and learn to trade with them. my question to you: have you found the Average Price Bar or the Heiken Ashi?
yes I found Heikin on cAlgo and installed on cTrader, cause dekstop version doesnt have it by default.
I even converted MQ4 version of TDI (without blue lines) to C++, gonna try to put it on cTrader

where can I read more about 1) proper entry and exit on TMS and proper levels/values for TDI and Heikin (4 hours)?
always draw trendlines
  • #25,786
  • Oct 3, 2013 7:44am Oct 3, 2013 7:44am
Quoting emmanuel7788
{quote} The H1 ABCD is good. Why? The BC leg retracement is shallow ~25% and that big candle up was strong and complete the CD leg nicely at Fib-E 161% of the Prev D. Now that H4 is tricky @133.00 as the TDI indicates a uptrend and the range is rather wide in that H4 channel...'W' wave.
Thank's for the quick reply, I took the short on the H1 as price broke 133.0, already moved SL to BE , if the H4 TDI makes a nice cross I change it to an H4 trade and target the lower border of the channel.
  • #25,787
  • Oct 3, 2013 7:53am Oct 3, 2013 7:53am
Quoting Pipsmurfer
{quote} Thank's for the quick reply, I took the short on the H1 as price broke 133.0, already moved SL to BE , if the H4 TDI makes a nice cross I change it to an H4 trade and target the lower border of the channel.

Excellent LTF entry approach and later covert to 4H swing when the price action and TDI on H4 confirms.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #25,788
  • Oct 3, 2013 7:54am Oct 3, 2013 7:54am
Quoting tk5
{quote} yes I found Heikin on cAlgo and installed on cTrader, cause dekstop version doesnt have it by default. I even converted MQ4 version of TDI (without blue lines) to C++, gonna try to put it on cTrader where can I read more about 1) proper entry and exit on TMS and proper levels/values for TDI and Heikin (4 hours)?
Print this Post#261 and put this in front of your trading computer.
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #25,789
  • Oct 3, 2013 7:57am Oct 3, 2013 7:57am
Quoting emmanuel7788
{quote} Excellent LTF entry approach and later covert to 4H swing when the price action and TDI on H4 confirms.
A good teacher helps a lot, many thanks.
  • #25,790
  • Oct 3, 2013 8:39am Oct 3, 2013 8:39am
Quoting emmanuel7788
{quote} Print this Post#261 and put this in front of your trading computer. {image}
Hi Guys,

I've been trading this method for 1 year now. Actually started with X-Man's Super Simple System and when the core group of that forum left that thread decide to follow TMS. I have read from page 1 till 1000, everything, studied the charts and taking notes. As I'm not a full time trader decided to go for the 4H TF ; started to trade demo for few months and them moved to live. There were months when I focused only on this trading style, keeping a journal setting my clock alarm at every 4 H candle close ...same as BigE did.
My rules were: entering always in direction of daily trend, on 1st or 2nd HA candle that change color, Long if tdi cross up(1-2) and all lines above 50level and SHORT if tdi cross down(5-6) and all lines below 50, OR if tdi was crossing mbl. Only 4 pairs EU EJ AU EA noting more. NO other indicators beside HA TDI and 200EMA(for direction). Reading through the posts I've seen people adding fractals semaphores or other useless stuff...but I sicked to Simple charts and Simple Trading.
The long time results were not very good. Sunday was the day when I was reviewing past week's journal. Yes there were winning weeks and loosing weeks but the sad part was that the winnings were not able to cover the loosing.
On live I'm always trading micro lots so I can afford to have 100pips SL. Nevertheless many SL were filled, even though the trades were A+ or A++ most of the times. Yes from time to times I was also getting the jackpot +500pips runners but as mentioned earlier, not enough to cover the looses.
Don't want to discourage anyone...is just my experience, for other people here like phx or emm. this is working.
I've decided to give it another try for a couple of months from now on, but this time trading only 1h TF during London.
I'll post live my charts, helping in this way both other and I to learn how to trade TMS.

Cheers,
G.
  • #25,791
  • Oct 3, 2013 8:48am Oct 3, 2013 8:48am
retesting pivot line and resistance.
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  • #25,792
  • Oct 3, 2013 9:23am Oct 3, 2013 9:23am
This morning I noticed that when that when price could not break yesterday high on the daily we will get a HH on the daily but a LL on the TDI. So a nice divergence. On the H1 we got a spike down and afterwards price made two highs on the H1. I went short on the second red candle confirmed by cross on TDI. Took out half position at + 42 pips, rest still running and moving to H4
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  • #25,793
  • Oct 3, 2013 9:36am Oct 3, 2013 9:36am
Quoting emmanuel7788
{quote} My business is very simple: Intraday trades will pay all my weekly expenses, groceries, all out-of-pocket type expenses, 4H swing trades will pay my salary which I gave up since I turned to fulltime trading 5 years ago, D Position trading will pay my yearly bonuses.
For Intraday, 4h and D, u use the same system? For Intraday u mean 15m 30m 1hr?
  • #25,794
  • Oct 3, 2013 10:21am Oct 3, 2013 10:21am
Hi,

This one is lost trade, i can not figure out why, may be someone know?
Thank you
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  • #25,795
  • Oct 3, 2013 10:40am Oct 3, 2013 10:40am
Quoting Pipsmurfer
This morning I noticed that when that when price could not break yesterday high on the daily we will get a HH on the daily but a LL on the TDI. So a nice divergence. On the H1 we got a spike down and afterwards price made two highs on the H1. I went short on the second red candle confirmed by cross on TDI. Took out half position at + 42 pips, rest still running and moving to H4 {image} {image}
very nice trade, love it...
If you're going through hell, keep going. Winston Churchill
  • #25,796
  • Oct 3, 2013 10:46am Oct 3, 2013 10:46am
Quoting davson90
{quote} hi bro can you give me your expert to manage your trade because THV cave close quicly my order thanks
very simple EA, you can set TP, SL, BE and BE offset points.
You can also move these levels by clicking and dragging them on your chart
Attached File(s)
File Type: ex4 visual%20order%20editor.ex4   17 KB | 403 downloads
If you're going through hell, keep going. Winston Churchill
  • #25,797
  • Oct 3, 2013 11:03am Oct 3, 2013 11:03am
Quoting Imi
{quote} very simple EA, you can set TP, SL, BE and BE offset points. You can also move these levels by clicking and dragging them on your chart {file}
thanks
  • #25,798
  • Oct 3, 2013 11:13am Oct 3, 2013 11:13am
love channels
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  • #25,799
  • Oct 3, 2013 11:20am Oct 3, 2013 11:20am
Quoting WillyVil
Hi, This one is lost trade, i can not figure out why, may be someone know? Thank you {image}
Willyvil, when your cursor is on the chart, right click and choose, save as picture, choose currenc chart, then you get a clean picture, upload this file then Now we can't see what's going on because of the text window
  • #25,800
  • Oct 3, 2013 11:27am Oct 3, 2013 11:27am
Quoting gigicualex
{quote} Hi Guys, I've been trading this method for 1 year now. Actually started with X-Man's Super Simple System and when the core group of that forum left that thread decide to follow TMS. I have read from page 1 till 1000, everything, studied the charts and taking notes. As I'm not a full time trader decided to go for the 4H TF ; started to trade demo for few months and them moved to live. There were months when I focused only on this trading style, keeping a journal setting my clock...
I think is not only about tms strategy, it is about psychology and risk managment maybe 80 percent. from my experience i know that important in trading is try to cut your losses and let profits run.i think all traders what are making money on this strategy have a little more knowlege , market is changing and you have to adapt if one strategy doesnt work
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