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Monitor for 'Trading Made Simple' system 565 replies

Trading Made Simple the right way, and other trading lessons 334 replies

Indicators for the 'Trading Made Simple' system 343 replies

MTF Indicators for the 'Trading Made Simple' system 241 replies

Trading Made Simple system follower - Thanks to eelfranz 9 replies

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Trading Made Simple

  • #26,601
  • Oct 18, 2013 4:40pm Oct 18, 2013 4:40pm
Quoting farhad10
{quote} Hello to dear Phx62 I've read your trades that are in pdf. they are great to me and very helpful but I want to ask a question: In any of your trades, didn't see that how you put your TPs? base of what kind of strategy? I know that u put them 50/50 but what if price goes for 25 to 30 pips and then goes consolidated ! you continue your trades according to the price strength in this situation? we can see that sometimes we have only 20 to 30 pips move on LO/NO! Please explain more about TPs Thank you for your great trades Regards
I have answered these questions many times. If you did not find the answers in the pdf files, please click on my name and pull up my more recent posts. You can start with post 26,193 and 26,293. Generally, if I am monitoring the trade, I will exit early if price is consolidating or pulling back, depending on the session and time of day. If I am not monitoring the trade, price will hit the TP or BE using the EA. Once trades reach 21 pips, the EA moves the stop to BE. There are many examples and explanations in my posts and on my charts........
  • #26,602
  • Oct 18, 2013 5:03pm Oct 18, 2013 5:03pm
Quoting pgtips
{quote} Excellent coding. With this development would a MTF version of the TMS-Osc Histo be possible. PG
Already done?
http://www.forexfactory.com/showthread.php?t=294501
  • #26,603
  • Edited 9:21pm Oct 18, 2013 9:08pm | Edited 9:21pm
Hello everyone!
I am a trader who has been trading Binary Options for a few years.At first I wasn't very succesfull, in fact I had no ideea what I was doing, but lately I have discovered a few tricks that made me become profitable at least.
Lately I have discovered this new strategy I found in this thread.


I wish I could start doing some forex, But I would need some help at first because I haven't traded spot before.
Is anyone here that is succefully trading forex willing to help a newbie make his first baby steps on spot ? I would only be in need of help in the beggining until I find my own way so I wouldn't be a burdden all the time.

Thank you very much and much much more profitable pips !!!
  • #26,604
  • Oct 18, 2013 9:26pm Oct 18, 2013 9:26pm
Quoting Goodgame42
{quote} Thanks to answer me. Can you share it ?

RSI: The Complete Guide (book)

hi Goodname,

Sorry, this tool 'MBL on chart' will not be shared here in this thread and public forum.
It is an individual personalised tool build for a small group of traders who are doing a system development project with me and using TMS as core method.
Some members had previously asked me to show the progress of my system develepment project, so I posted those charts as examples.

Here is a book which I recommend that anyone who is interested to develop TMS into an own personal winning system must have and study for the knowledge.
This book is one of several books/material source of knowledge which i use in my ongoing system development project. Having the right knowledge level is a prerequisite before anyone can start doing system development and build a winning system. We build upon the knowledge level of the trader and use that as part to create the edge for that trader.

Attached Image (click to enlarge)
Click to Enlarge Name: book cover RSI complete guide.png Size: 231 KB


regards,
EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #26,605
  • Oct 18, 2013 9:32pm Oct 18, 2013 9:32pm
Quoting adamjhdavis
My EURAUD trade closed, didn't like the look of the pullback after breaking previous Support without a close. 44 pips in the bag. Hopefully it will carry on next week and re enter at the next signal. {image}

the down wave is still intact and unless there is strong fundamental change and geo-political events which can be the show stopper, I see the move down further.

3 levels to look out for next week - 1.4013, 1.3842 and 1.3748

sell the rallies.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #26,606
  • Oct 18, 2013 9:40pm Oct 18, 2013 9:40pm
Here is a Post#261 as constant reminder from our late OP eelfranz someone we fondly call Big E.

Attached Image (click to enlarge)
Click to Enlarge Name: Big E Post_261.png Size: 147 KB


Don't mess with the core basics when trading TMS especially when you are new trader and want to learn to trade using TMS. Get the basics deep-rooted before you even think of added any other stuff to TMS.

Particpate and THINK!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #26,607
  • Oct 18, 2013 11:30pm Oct 18, 2013 11:30pm
To Snarlyjack, Thank you sir
Attached Image
I Have Learned to Take Some Losses to Make Profits
  • #26,608
  • Edited Oct 19, 2013 12:51am Oct 18, 2013 11:31pm | Edited Oct 19, 2013 12:51am
Quoting emmanuel7788
{quote} RSI: The Complete Guide (book) hi Goodname, Sorry, this tool 'MBL on chart' will not be shared here in this thread and public forum. It is an individual personalised tool build for a small group of traders who are doing a system development project with me and using TMS as core method. Some members had previously asked me to show the progress of my system develepment project, so I posted those charts as examples. Here is a book which I recommend that anyone who is interested to develop TMS into an own personal winning system must have and...
Thanks for the book Emmanuel, will keep into the library, since we use RSI as indicator, I think is very important to educate ourself about the indi we use to traded the market

Anyway here is my plan on EUR/JPY H1 for next week
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EUR.jpg Size: 376 KB
Click to Enlarge Name: 2.jpg Size: 407 KB
I Have Learned to Take Some Losses to Make Profits
  • #26,609
  • Oct 19, 2013 12:38am Oct 19, 2013 12:38am
Quoting emmanuel7788
Here is a Post#261 as constant reminder from our late OP eelfranz someone we fondly call Big E. {image} Don't mess with the core basics when trading TMS especially when you are new trader and want to learn to trade using TMS. Get the basics deep-rooted before you even think of added any other stuff to TMS. Particpate and THINK!
R.I.P (eelfranz Big E) will be rememberd always , i didnt get the chance to meet with him in forex factory !!
i dont have much more knowledge about fx market technical systems ,can you pls help me to understand the method of Big E and this forum,,

already i've loss severel time in fx by not knowing /studing the real methods ,i know that any1 cant win always ,me also,but i want to reduce my losses ,,,
Pls help me to understand the system properly (where to start ? ) pls
  • #26,610
  • Oct 19, 2013 4:27am Oct 19, 2013 4:27am
Quoting Phx62
{quote} I have answered these questions many times. If you did not find the answers in the pdf files, please click on my name and pull up my more recent posts. You can start with post 26,193 and 26,293. Generally, if I am monitoring the trade, I will exit early if price is consolidating or pulling back, depending on the session and time of day. If I am not monitoring the trade, price will hit the TP or BE using the EA. Once trades reach 21 pips, the EA moves the stop to BE. There are many examples and explanations in my posts and on my charts........
Thank You man!

The answers were exactly what I want!

have a good weekend!
Regards
  • #26,611
  • Oct 19, 2013 6:04am Oct 19, 2013 6:04am
The 10 Lies about the RSi :

taken out page 56 of that book RSI:the Complete Guide

If you still have not got your hands on that book, you should do so and read it. It will help you with a better understanding of the TDI and how to use that to get high probability trade setups.

TMS 4H TDI cross has many faliures and only when you know how to use the TDI effectively and stay away from those TDI crosses which will most probably will fail to run into a market trend you wont succeed in a long term.
Attached Image (click to enlarge)
Click to Enlarge Name: Ten Lies about the TDI RSI.png Size: 204 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #26,612
  • Oct 19, 2013 7:12am Oct 19, 2013 7:12am
Quoting emmanuel7788
The 10 Lies about the RSi : taken out page 56 of that book RSI:the Complete Guide If you still have not got your hands on that book, you should do so and read it. It will help you with a better understanding of the TDI and how to use that to get high probability trade setups. TMS 4H TDI cross has many faliures and only when you know how to use the TDI effectively and stay away from those TDI crosses which will most probably will fail to run into a market trend you wont succeed in a long term. {image}
tdi rsi should not be used alone. you should have your own trading system which gives you confirmation and use tdi as a side kick.
Come tomorrow, I'll wake up new
  • #26,613
  • Oct 19, 2013 7:23am Oct 19, 2013 7:23am
Quoting gsbharaj
{quote} tdi rsi should not be used alone. you should have your own trading system which gives you confirmation and use tdi as a side kick.

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #26,614
  • Oct 19, 2013 7:27am Oct 19, 2013 7:27am
Quoting emmanuel7788
{quote} ...
Come tomorrow, I'll wake up new
  • #26,615
  • Oct 19, 2013 7:39am Oct 19, 2013 7:39am
... ....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #26,616
  • Oct 19, 2013 7:40am Oct 19, 2013 7:40am
Quoting gsbharaj
{quote} tdi rsi should not be used alone. you should have your own trading system which gives you confirmation and use tdi as a side kick.
Why would you tell that to Emmanuel, the person teaching this system to us all.....?
  • #26,617
  • Oct 19, 2013 7:45am Oct 19, 2013 7:45am
Quoting WDays
{quote} Why would you tell that to Emmanuel, the person teaching this system to us all.....?
i was just saying my mind. i have found that tdi is not helpful to me alone. can i trade each and every cross? the answer is a big no. so i have combined it with my system which gives me good entry thats it...
Come tomorrow, I'll wake up new
  • #26,618
  • Oct 19, 2013 7:56am Oct 19, 2013 7:56am
Quoting gsbharaj
{quote} i was just saying my mind. i have found that tdi is not helpful to me alone. can i trade each and every cross? the answer is a big no. so i have combined it with my system which gives me good entry thats it...
Because it sounded like you were lecturing him...
  • #26,619
  • Oct 19, 2013 8:02am Oct 19, 2013 8:02am
Quoting WDays
{quote} Because it sounded like you were lecturing him...
i wasn't
Come tomorrow, I'll wake up new
  • #26,620
  • Oct 19, 2013 8:42am Oct 19, 2013 8:42am
Quoting eelfranz
is that possible? Yes. Years ago when i retired i was looking for something to do. I attended a free local presentation about trading fx. My mind said "we can do that and make money too... From the recliner"... So the torture began as happens to all newbies... I bought one sure fire program for $2,300... Saving $1,700 off the normal $4,000 price. Man... I'm on my way i thought. It was so difficult to understand and trade that i never made a dime... In fact i lost most of the time. When i called the companyit was all greek to me... I thought a...
i did try,but seems that is currupt,can u send again?
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