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Trading Made Simple

  • #26,881
  • Oct 24, 2013 2:45pm Oct 24, 2013 2:45pm
Quoting munirpt
Hello friends Thank you very much for all your best wishes. feeling much better now. Managed to study a lot about pure price action these last 2 weeks and I'm already putting some of that in action. Here are my trades today. {image} {image} {image}
Very good trades using structure and fibs confluence
I Have Learned to Take Some Losses to Make Profits
  • #26,882
  • Oct 24, 2013 3:05pm Oct 24, 2013 3:05pm
Quoting tk5
{quote} try to learn?)) i am already sharing not learning like a freshman) i think TMS needs no fibonaccis.
I would disagree with that and would say that fibs are more of a tool than an indicator and can add confluence to our trading decisions.
They are also self fulfilling and one would be naive to disregard them.
  • #26,883
  • Oct 24, 2013 3:57pm Oct 24, 2013 3:57pm
Hi snarlyjack, a question if you don't mind. From reading past posts on this and x-man I notice that though you have always used the core TMS system you have tried it with different indicators, notably the the SHI-channel, which seemed to give you some good buy/sell points, and now guppy MMA. I was curious as to why you'd dropped the SHI-channel, whether you'd tried it in conjunction with guppy and whether you saw any merit in doing so - or would this be too cluttered? Also many thanks for all you very patient, polite and informed posts.
  • #26,884
  • Oct 24, 2013 7:05pm Oct 24, 2013 7:05pm
Tangelwood,

Hello,
I've tried alot of different indicators in the past to see how we could
make the system better. I've tried head to head comparisons with
the tdi vs. other indicators. I haven't been able to find a indicator
that is better (imho). As a all around indicator the tdi is pretty good.

The shi channel I tried. I like the philosophy of it. But it
moves around. Just when you think your at the bottom of
the channel ready to go long, price will push the shi channel way lower.

I think the guppys are better and more stable. I can tell you over the
years that lot's of people have tried this & that to make it better.
Right now were on post 26,887 just in tms. If you add in the other
tms forums your talking thousands of post's and hours. It is funny
that the core basic system works good after all this time. I think
it say's alot about the system...

sj
  • #26,885
  • Oct 24, 2013 10:18pm Oct 24, 2013 10:18pm
hi everybody
i spend 2 months to read everything in this topic. a wonder topic, thank BigE, emmanuel, snarlyfack and alll. I downloaded indicator Draw_line sell EP SL.exe4 but do not know how to use it. i don't know how to copy to indicator or scrip folder. i donot know much about EA, please someone give me the direction about how to use it.
thank you so much
  • #26,886
  • Oct 24, 2013 11:46pm Oct 24, 2013 11:46pm
Quoting malmal1985
hi everybody i spend 2 months to read everything in this topic. a wonder topic, thank BigE, emmanuel, snarlyfack and alll. I downloaded indicator Draw_line sell EP SL.exe4 but do not know how to use it. i don't know how to copy to indicator or scrip folder. i donot know much about EA, please someone give me the direction about how to use it. thank you so much
Hi Malmal,

EA is like a robot, i would suggest you learn how to trade
  • #26,887
  • Oct 24, 2013 11:52pm Oct 24, 2013 11:52pm
Good morning everyone.
It's 10:45 p.m. my time, L/O is at 1:00 a.m.
L/O is in about 2:15 minutes

Let's look at another chart, gbp/usd.
Look at the location of the tdi & guppy's.
Hmmm...what do you see?

sj
Attached Image(s) (click to enlarge)
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  • #26,888
  • Oct 25, 2013 12:25am Oct 25, 2013 12:25am
Quoting snarlyjack
Good morning everyone. It's 10:45 p.m. my time, L/O is at 1:00 a.m. L/O is in about 2:15 minutes Let's look at another chart, gbp/usd. Look at the location of the tdi & guppy's. Hmmm...what do you see? sj {image} {image} {image} {image}

I see across all time frames the price action is coming to a very strong resistance??
Make sure that the light at the end of the tunnel is not an on coming train
  • #26,889
  • Oct 25, 2013 12:32am Oct 25, 2013 12:32am
Mark up,

Nice meeting you and welcome to tma.

That is exactly what I also see.
The next qustion is do you think it's going to push through
the resistance or bounce their at the top?

sj
  • #26,890
  • Oct 25, 2013 12:37am Oct 25, 2013 12:37am
Hello Mr. SnarlyJack, and thanks for the welcome.
I have been reading your site now for a few weeks, I am trying to get my head around it all.
Going on past performance the price action has hit the resistance level and bounded back off quite well.
From my limited understanding so far, the price action on the TDI is moving into the over sold area.
My unqualified view as I am a very green learner at this stage.

Mark
Make sure that the light at the end of the tunnel is not an on coming train
  • #26,891
  • Oct 25, 2013 1:02am Oct 25, 2013 1:02am
Mark up,

It's just a time process. Learn as much as you can.
Read everything, demo trade, back test, forward test
and demo some more. Give yourself the times it
takes to learn it, everyone is different.

If I can go out on a limb here.
The red long term investors seem very strong (trend is up).
If their is a pull back I don't think it going to be to much the
trend is pretty strong.
The tdi is not way overbought. It still has room to the upside.
Were in the top half of the bollinger bands which is bullish.

I guess we will have to watch it and see...

sj
  • #26,892
  • Oct 25, 2013 1:15am Oct 25, 2013 1:15am
Ok,
I understand what you are saying here, good stuff. That is what I like about this site. Very goood positive feedback.
The contraction of the blue bands, the retail traders does that have any bearing on the process??
Make sure that the light at the end of the tunnel is not an on coming train
  • #26,893
  • Oct 25, 2013 1:18am Oct 25, 2013 1:18am
Quoting snarlyjack
Mark up, It's just a time process. Learn as much as you can. Read everything, demo trade, back test, forward test and demo some more. Give yourself the times it takes to learn it, everyone is different. If I can go out on a limb here. The red long term investors seem very strong (trend is up). If their is a pull back I don't think it going to be to much the trend is pretty strong. The tdi is not way overbought. It still has room to the upside. Were in the top half of the bollinger bands which is bullish. I guess we will have to watch it and see......

I also have downloaded the PDF "Strats PASR" file and printed it out. I find it very good reading, and good revision also.

cheers.
Make sure that the light at the end of the tunnel is not an on coming train
  • #26,894
  • Oct 25, 2013 1:23am Oct 25, 2013 1:23am
Mark up,

The blue moving averages represent the short term traders (like us).
The red moving averages represent the long term investors (like banks).

The blue moving averages will probe for a price advantage. The red
moving averages are where the big money is. To sustain a good
trend you need the long term investors. In other words follow
the smart money.

sj
  • #26,895
  • Oct 25, 2013 1:27am Oct 25, 2013 1:27am
ok,
More reading for me then I see,
Thanks again
cheers
Mark.
Make sure that the light at the end of the tunnel is not an on coming train
  • #26,896
  • Oct 25, 2013 2:25am Oct 25, 2013 2:25am
Quoting snarlyjack
sj
Snarly..I set up this Guppy thing...so we should use it for long time frames as I understand?
briefly, what is guppy trading tactics and exit/entries? briefly.
always draw trendlines
  • #26,897
  • Oct 25, 2013 2:37am Oct 25, 2013 2:37am
Thank you for a good simple method.
From now on I will study it in and try it on a demo account.
  • #26,898
  • Oct 25, 2013 2:39am Oct 25, 2013 2:39am
TK5,

If you go to the paper clip at the top of this page
you will find indicators and pdf files.

Go to DOTS/Guppy quick file and that should
answer alot of your questions.

Goodnight everyone...
sj
  • #26,899
  • Oct 25, 2013 3:06am Oct 25, 2013 3:06am
Quoting munirpt
Hello friends Thank you very much for all your best wishes. feeling much better now. Managed to study a lot about pure price action these last 2 weeks and I'm already putting some of that in action. Here are my trades today. {image} {image} {image}
WOW thats outstanding Munirpt.
  • #26,900
  • Oct 25, 2013 4:03am Oct 25, 2013 4:03am
Quoting munirpt
Hello friends Thank you ...
What a boss !
Don’t ever let someone tell you that you can’t do something.
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