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Trading Made Simple

  • #27,041
  • Oct 30, 2013 3:19am Oct 30, 2013 3:19am
Quoting Flaviu1981
{quote} I don't understand why you enter in the first trade! Can you tell me what are the reasons please?
Looking forward for Pervis to answer as well.....
Failure leads to Success if one learns from mistakes and never give up
  • #27,042
  • Oct 30, 2013 3:22am Oct 30, 2013 3:22am
am in this trade currently saw the pullback from the last candle as price could not brake to the downside
due to SR there.TDI cross and the candle change to blue pull the trigger alhough still monitoring
any comment welcome
Attached Image (click to enlarge)
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  • #27,043
  • Oct 30, 2013 3:37am Oct 30, 2013 3:37am
Quoting gulayetty
am in this trade currently saw the pullback from the last candle as price could not brake to the downside due to SR there.TDI cross and the candle change to blue pull the trigger alhough still monitoring any comment welcome {image}
Hi Gulayetty,

For me there is lots of additional confluence, based on which i would take this trade. Good luck
  • #27,044
  • Oct 30, 2013 3:51am Oct 30, 2013 3:51am
Took two trades yesterday on DAX (GER30)

My platform only marks todays trades, so the first (loosing) one is not on the chart any more. I entered first short on the candle after the red one on H1 (yellow crosshair) in addition with H1 TDI crossing down (green below red and below MBL) and a H4 TDI looking like having a cross on the next candle (+2 h). So that looked good for me on the time I entered yesterday (16:00 GMT+1). I was expecting a bounce from the highs because of a divergence on H4.

But only few minutes afterwards even the H1 opening candle turned green and H1 and H4-TDI showed the contrary picture. (It is clear, that at this time H1 and H4 candles were not closed yet and the picture could turn again into short, but ...)

I decided to close the short trade with a loss of 14 Pips and enter a trendfollowing long because the main trend is stong bullish and the running candles followed this direction.
This morning I closed the long position by 34 Pips profit (at 9.041 - why: I looked at the distances of the last highs, they were between 10 and 20 Pips, So I put my target there and at 9:55 GMT+1 the german unemployment changes will announced).

So I am looking at the DAX going further north now at 9.055, just hitted R1 at 9.058. But no one will take my delta of 20 Pips profit.
Attached Image (click to enlarge)
Click to Enlarge Name: 2013-10-30 09.50 GMT+1 DAX.png Size: 215 KB
fxFox (all times in my charts are GMT+1)
  • #27,045
  • Oct 30, 2013 4:05am Oct 30, 2013 4:05am
Quoting AhHuat
Hi seniors, have been lurking around this forum for quite awhile and this is my first post.. please pardon me for my poor usage of English. Would really appreciate if any seniors here can point out what went wrong in the 2 trades i took yesterday which resulted in a loss .. I have followed as per the rules but they have both reversed right after I entered into the position as indicated by the Heiken ashi candle as well as TDI. Is there anything that I am missing ?? {image} {image}
You might find it easier to put the MBL on your TDI to better see the trend direction. On both trades you were trying to go counter-trend.

On the UJ 4hr the trend was up after making a low with bullish divergence last Friday. The TDI was above the yellow MBL and the 50 level so you would have been better to wait for a cross back up. its also useful to check the higher time frame, on Daily you would see the tdi heading up above the red/yellow/50 levels indicating an uptrend.

On the GU the same applies but in the reverse direction. The trend was clearly down and your white bar was simply a news driven spike up.

I'd highly recommend you watch the TDI videos on the compassfx.com website.
Attached Image(s) (click to enlarge)
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Follow, don't anticipate.
  • #27,046
  • Oct 30, 2013 4:08am Oct 30, 2013 4:08am
Hi TMS lovers,

"Project TMS-II"

Some of you wanted to know the progress of my system development project and I had promised to keep you up to date. Instead of replying to individual PMs, I thought it would interest more people when I post something here.

It has been 3 months of work done so far and the progress is good and as my team had planned and expected. My team have decided that our new baby needs a name, so we call her "TMS-II".

We are still in live trading tests this month and will take another month till end November.

Attached is a short preview notes and some charts showing some open trades this week.

Attached File(s)
File Type: pdf TMS-II preview notes.pdf   339 KB | 4,224 downloads

Attached File(s)
File Type: pdf TMS-II preview charts.pdf   571 KB | 2,747 downloads


regards,
EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #27,047
  • Oct 30, 2013 4:30am Oct 30, 2013 4:30am
Quoting emmanuel7788
Hi TMS lovers, \"Project TMS-II\" Some of you wanted to know the progress of my system development project and I had promised to keep you up to date. Instead of replying to individual PMs, I thought it would interest more people when I post something here. It has been 3 months of work done so far and the progress is good and as my team had planned and expected. My team have decided that our new baby needs a name, so we call her \"TMS-II\". We are still in live trading tests this month and will take another month till end November. Attached is a...
Hey Emmanual,

Thank you for sharing this.. this is interesting

do share more about it
  • #27,048
  • Oct 30, 2013 4:33am Oct 30, 2013 4:33am
Quoting emmanuel7788
Hi TMS lovers, \"Project TMS-II\" Some of you wanted to know the progress of my system development project and I had promised to keep you up to date. Instead of replying to individual PMs, I thought it would interest more people when I post something here. It has been 3 months of work done so far and the progress is good and as my team had planned and expected. My team have decided that our new baby needs a name, so we call her \"TMS-II\". We are still in live trading tests this month and will take another month till end November. Attached is a...
Looks really interesting!
Looking forward to learn more about it.

Thanks
  • #27,049
  • Oct 30, 2013 4:48am Oct 30, 2013 4:48am
Quoting munirpt
This is a GJ trade i entered today. Try to understand the process behind the trade.... As you can see, i didnt took the trade because of TDI. I took the trade because of the setup. Then i went to 15TF, saw a red candle, with TDI cross, with bearish divergence and pulled the trigger. now its time to wait for the 1H timeframe to confirm that price will continue in my direction. {image}
This one didn't play out... SL hit
lets wait for the next...
  • #27,050
  • Edited 5:05am Oct 30, 2013 4:52am | Edited 5:05am
Quoting emmanuel7788
Hi TMS lovers, \"Project TMS-II\" ...L
Hi emmanuel, yes im still here in the background, still plodding along... many thanks for sharing, i read with great interest....and thanks for still popping into this great forum..


best regards
By failing to prepare, you are preparing to fail - Benjamin Franklin
  • #27,051
  • Oct 30, 2013 5:08am Oct 30, 2013 5:08am
Quoting Bizzzle
{quote} Still holding others with profit Stop-loss a bit above last 4 hour candle.
My 4hr trades closed. Standard TMS entry TDI green over red over yellow.

GBP- 100 pips

AJ- 41 pips

AU- 86 pips
Attached Image (click to enlarge)
Click to Enlarge Name: 30th trades 4hr.png Size: 98 KB
Give yourself a chance and trade it like it's layed out...
  • #27,052
  • Oct 30, 2013 5:10am Oct 30, 2013 5:10am
Quoting munirpt
{quote} This one didn't play out... SL hit lets wait for the next...
I also hit SL mate!
It had high probability but that's trading!
Give yourself a chance and trade it like it's layed out...
  • #27,053
  • Oct 30, 2013 5:18am Oct 30, 2013 5:18am
Quoting Bizzzle
{quote} My 4hr trades closed. Standard TMS entry TDI green over red over yellow. GBP- 100 pips AJ- 41 pips AU- 86 pips {image}

Hello Bizzzle!

Can you share your TDI indicator with yellow band ? Unfortunately I cant find it on here.
Take what the market gives you.
  • #27,054
  • Oct 30, 2013 5:20am Oct 30, 2013 5:20am
Currently long EJ TDI crossed green over red over yellow also made a higher low at 38.2 Fib.
Attached Image (click to enlarge)
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Give yourself a chance and trade it like it's layed out...
  • #27,055
  • Oct 30, 2013 5:26am Oct 30, 2013 5:26am
Tiggrrr, If you right click your mouse and Click Indicator list, then double click TDI indicator, then colours and put your setting the same as mine!
Attached Image
Give yourself a chance and trade it like it's layed out...
  • #27,056
  • Oct 30, 2013 5:28am Oct 30, 2013 5:28am
Quoting Bizzzle
{quote} My 4hr trades closed. Standard TMS entry TDI green over red over yellow. GBP- 100 pips AJ- 41 pips AU- 86 pips {image}
good trades Bizzle
  • #27,057
  • Oct 30, 2013 5:33am Oct 30, 2013 5:33am
Quoting munirpt
{quote} good trades Bizzle
Thanks mate
Give yourself a chance and trade it like it's layed out...
  • #27,058
  • Oct 30, 2013 5:35am Oct 30, 2013 5:35am
Quoting Bizzzle
Tiggrrr, If you right click your mouse and Click Indicator list, then double click TDI indicator, then colours and put your setting the same as mine! {image}

Thanks brah ! How stupid of me to not even checking the settings !
Take what the market gives you.
  • #27,059
  • Oct 30, 2013 5:44am Oct 30, 2013 5:44am
Quoting Bizzzle
{quote} I also hit SL mate! It had high probability but that's trading!
These are the possibilities im looking at to trade this pair.
Lets see what reaction we get when price get to those levels
Attached Image (click to enlarge)
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  • #27,060
  • Oct 30, 2013 6:04am Oct 30, 2013 6:04am
Quoting Bizzzle
{quote} My 4hr trades closed. Standard TMS entry TDI green over red over yellow. GBP- 100 pips AJ- 41 pips AU- 86 pips {image}
bizzle good trade on your first chart why did you not enter at the arrow indicated see chart
Attached Image (click to enlarge)
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