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Trading Made Simple

  • #26,441
  • Oct 16, 2013 9:10am Oct 16, 2013 9:10am
WDays yup riding the highway nonstop , lets see what happens next week applying that , thanks a lot and hope we can trade well from now on

There you go EUR/USD short, didnt take the trade, I have been busy writing notes on the early EUR/JPY trade, the same senario in here, Fibo confluence and convergence with resistance zone

PA stalled for 2 hours below 161.8 extension of previous minor swing low high and divergence, if we look at GBP/USD also the same scenario, happens all the time, day in day out, it just takes time to practice and apply that in real time

Hope I can master this and apply it in real time with TMS
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I Have Learned to Take Some Losses to Make Profits
  • #26,442
  • Oct 16, 2013 9:33am Oct 16, 2013 9:33am
Quoting TheScorpS
WDays yup riding the highway nonstop , lets see what happens next week applying that , thanks a lot and hope we can trade well from now on There you go EUR/USD short, didnt take the trade, I have been busy writing notes on the early EUR/JPY trade, the same senario in here, Fibo confluence and convergence with resistance zone PA stalled for 2 hours below 161.8 extension of previous minor swing low high and divergence, if we look at GBP/USD also the same scenario, happens all the time, day in day out, it just takes time to practice and apply that...
M15 was indicative of a trend reversal... I've just become accustomed to ignoring anything that happens on that pair...
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  • #26,443
  • Oct 16, 2013 9:33am Oct 16, 2013 9:33am
Closely watching AUD/USD since price is stalling in the 9540's and TDI channeling/coiling very nice once it makes up its mind on which direction it's heading.
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  • #26,444
  • Oct 16, 2013 9:46am Oct 16, 2013 9:46am
well it was worth staying up ... made 17 pip on first EU up, then 38 pip on balance of lots on the run up to 3560's and then 40 pips on the way down. Still have a few lots open on the down trend...
  • #26,445
  • Oct 16, 2013 9:55am Oct 16, 2013 9:55am
Seeing as 75% of the time I get the direction right and that my problems is getting TP right.

Has anyone tried this method with binary options?
  • #26,446
  • Oct 16, 2013 9:57am Oct 16, 2013 9:57am
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  • #26,447
  • Oct 16, 2013 10:04am Oct 16, 2013 10:04am
Quoting TheScorpS
To Imi , thanks a lot for your support and vouch, it made my day , and hope I improve with the help I receive from you guys and hope someday I can support TMS {image}
many thanks , but really I just learned from all the wonderful traders here.
If you're going through hell, keep going. Winston Churchill
  • #26,448
  • Oct 16, 2013 10:09am Oct 16, 2013 10:09am
EU, the daily is in the works..
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If you're going through hell, keep going. Winston Churchill
  • #26,449
  • Oct 16, 2013 10:11am Oct 16, 2013 10:11am
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If you're going through hell, keep going. Winston Churchill
  • #26,450
  • Oct 16, 2013 10:19am Oct 16, 2013 10:19am
Quoting ryanlum
Took some trades today, do share with me your views. All trades are made on H1 analysis only. Do share with me some thoughts on how i can improve myself EURUSD-H1-TP Trade 1. Took this trade cause the TDI was opening up nicely and above MBL 2. PA was forming HL and HH 3. Asian session seems to have formed a bottom {image} GBPUSD-H1-Manually Closed Trade 1. Took this trade cause the TDI was opening up nicely and above MBL 2. PA was forming HL and HH 3. Asian session seems to have formed a bottom Manually closed this trade because it couldn't reach...
Update on GJ... PA reversed.. Exited the trade.. To the traders out there, do you think we should exit straight before the close of the candle if its not showing a strong HA candle?
Attached Image (click to enlarge)
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  • #26,451
  • Oct 16, 2013 10:20am Oct 16, 2013 10:20am
So has everyone concluded that the cross of the MBL with the red and green of the TDI is a higher probability trade? If you look at the weekly TF this seems to hold true looking in the past. PA + green and red line cross of MBL makes a large move in that direction. Thoughts?
  • #26,452
  • Oct 16, 2013 10:25am Oct 16, 2013 10:25am
Quoting Phx62
{quote} What Munir was referring to is trades taken with the trend. The principles he outlined give any trader a higher probability of successful trades when these principles are followed. When the price trend and the TDI agree, one can gain lots of pips. An aggressive trader may trade with the trend and countertrend trades. A more conservative trader will only trade with the trend. A couple of posts ago, SnarlyJack indicated he prefers to trade with the trend. Every trader must determine what works best for them. Munir wrote: "A - price made LL...
Sorry for late reply (This week is very busy to me..) Thank Phx! I will try to put it into my brain. I think this post of you and Munir is the souls of this system and the key to successful with TMS if we clearly understood...

Again, thank you so much!
  • #26,453
  • Oct 16, 2013 11:34am Oct 16, 2013 11:34am
Quoting Agk007
So has everyone concluded that the cross of the MBL with the red and green of the TDI is a higher probability trade? If you look at the weekly TF this seems to hold true looking in the past. PA + green and red line cross of MBL makes a large move in that direction. Thoughts?
Hello Agk007,
You're in good company. This is what Phx62 said a while ago:
"If the green crosses over the yellow at around the same time it crosses over the red, the trade will usually give up more pips than if green only crosses red."
Thanks for your help, warmth and straight talking Heather.
  • #26,454
  • Oct 16, 2013 11:50am Oct 16, 2013 11:50am
Quoting Kanderpro
{quote} Hello Agk007, You're in good company. This is what Phx62 said a while ago: "If the green crosses over the yellow at around the same time it crosses over the red, the trade will usually give up more pips than if green only crosses red."
Thanks Kanderpro, every now and then i see someone bring it up and i've noticed it many times studying old charts. Is it a better to take trades that meet that criteria? It would seem to me you would have less trades but a much higher probability of winning the trade, or rather gaining more pips than usual.
  • #26,455
  • Oct 16, 2013 12:21pm Oct 16, 2013 12:21pm
Quoting Agk007
{quote} Thanks Kanderpro, every now and then i see someone bring it up and i've noticed it many times studying old charts. Is it a better to take trades that meet that criteria? It would seem to me you would have less trades but a much higher probability of winning the trade, or rather gaining more pips than usual.
Hi Agk007,
There are many more possibilities for good trades. I suggest setting aside some time and going through Phx62's posts and taking notes. Doing the most recent first is fine. If you click on the paper clip at the top of the page you'll find 3 PDFs of his older posts. Note the position of the green and yellow (and sometimes, where they are relative to the 50) in the trades he posts.
This is not a short task, but it is a great grounding in trading with the tdi.
Kan
Thanks for your help, warmth and straight talking Heather.
  • #26,456
  • Oct 16, 2013 2:04pm Oct 16, 2013 2:04pm
I finally got a minute to post a couple of trades......only two EJ H1 trades so far this week.....both London session trades.
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  • #26,457
  • Oct 16, 2013 2:35pm Oct 16, 2013 2:35pm
Quoting Phx62
I finally got a minute to post a couple of trades......only two EJ H1 trades so far this week.....both London session trades.{image}
you ar the master phx62
  • #26,458
  • Oct 16, 2013 2:37pm Oct 16, 2013 2:37pm
Ryanlum,

From what I could see from your charts.
You took 4 trades.
3 winners, 1 loss.
75% success level.

Your a fairly new trader... trading a new system, to you!

Imagine ...what's it's going to be like once you have more experience.
I know people who would kill for a system that averaged 75%.

I think your doing great!!!

sj
  • #26,459
  • Oct 16, 2013 2:41pm Oct 16, 2013 2:41pm
Quoting Phx62
I finally got a minute to post a couple of trades......only two EJ H1 trades so far this week.....both London session trades.{image}
how to set ligne ?
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  • #26,460
  • Oct 16, 2013 3:43pm Oct 16, 2013 3:43pm
Thanks for the vouch Snarlyjack, and thanks for "leading" the thread. It was heartening to read your view that there are various ways (all valid) to trade with the tdi on different time frames, as evidenced by the variety of contributors to the thread, and that we all see things slightly differently. As Emmanuel would put it, we all have a different "third eye." The thread has evolved since Big Eric's first post, and that's no bad thing. I dare say that had Eric still been alive, his trading would also have been added to / refined / developed after his first post, just as it was from his time in the Craig Harris thread.

Kan
Thanks for your help, warmth and straight talking Heather.
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