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Trading Made Simple

  • #27,101
  • Oct 30, 2013 9:14pm Oct 30, 2013 9:14pm
GUPPY lovers,

The GMMA indicators were posted by my buddy here post#25,919.
Go there and download them.

or click here to download

GMMA Long
GMMA Short

I spent hours reading and catching up with you folks here since I don't have time during the weekdays to read and post.
But my observation is-
Many folks here are new to this thread and also some are very new to trading.
My advice is that you must spend time to read this thread. It will take a lot of your time, but there is a wealth of knowledge and experience shared here, and also resources provided.

Treat this like a living book and you must read from front cover to end cover, page by page, do your own notes while you read and learn.
There is no short cut. It will be hard work and you must do the diligent work.
If trading is easy, do you find any universities in the world that offer degrees in trading. It is profession like doctors, lawyers, dentist, etc. you learn and practice as a trader and it is not taught in schools or universities.

Good Trading Folks.

Be Blessed!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #27,102
  • Oct 30, 2013 9:57pm Oct 30, 2013 9:57pm
Quoting emmanuel7788
Hi Folks, Here is how my EU trades survived the nasty FOMC volatility. Stay away from the wide swings using TMS-II Dynamic R-Multiple which is based on the ATR. See details of this trades in the chart attached below. {image} We shall be seeing EU monthly clsose today and the MN candle will close green, we are selling the pullback at the moment and there is no reversal yet. This week, we trade the USD strength. Nest week look at the Weekly candles and decide whther you want to be seller or buyer. regards, EMMANUEl
good stuff.. shall wait to see more updates

Many thanks to all the people that are working hard behind TMS 2
  • #27,103
  • Oct 30, 2013 10:04pm Oct 30, 2013 10:04pm
Quoting emmanuel7788
GUPPY lovers, The GMMA indicators were posted by my buddy here post#25,919. Go there and download them. or click here to download GMMA Long GMMA Short I spent hours reading and catching up with you folks here since I don't have time during the weekdays to read and post. But my observation is- Many...


talking about a book...were you the one that suggested a specific book about the TDI ? if so what was the name of it again ?
Take what the market gives you.
  • #27,104
  • Oct 30, 2013 10:13pm Oct 30, 2013 10:13pm
Quoting Tiggrrr
{quote} talking about a book...were you the one that suggested a specific book about the TDI ? if so what was the name of it again ?
yes.. emmanuel suggested the book and erol shared it out.. check out the Post 26,777
  • #27,105
  • Oct 30, 2013 10:17pm Oct 30, 2013 10:17pm
Quoting snarlyjack
bythepound, Welcome to tms. The guppy #'s are: 3 ema (close) blue, short term traders 5 ema 8 ema 10 ema 12 ema 15 ema 30 ema (close) red, long term investors 35 ema 40 ema 45 ema 50 ema 55 ema 60 ema Bollinger Bands 50/2 Tdi r/t & Round numbers (Can be found above in the paperclip to download). That's it, that is all you need. All of these indicators are freely available to everyone. The guppy will help you stay in the trend. This is a trend trading system. I hope you like the system! And, once again welcome to tms. sj
THANKS Snarlyjack!
Without vision, the people will perish.
  • #27,106
  • Oct 31, 2013 1:02am Oct 31, 2013 1:02am
Quoting snarlyjack
Hi Digf, Nice talking with you again! I have not read any of Daryl Guppy's books. However, I've watched alot of his videos. If you want a fast start and some interesting learning, watch the video's on these posts: 26,919 26,922 26,923 27,015 It will take a couple of hours. But it's a great educational series. I hope you find it interesting & helpful! sj
Thanks for the info.
  • #27,107
  • Oct 31, 2013 1:25am Oct 31, 2013 1:25am
party time soon..
  • #27,108
  • Oct 31, 2013 1:37am Oct 31, 2013 1:37am
Good morning everyone!

You should be looking at your charts going, hmmm.
You should check the news on the front page of ff.
You always use a protective stop.
You should always have a target and your exit strategy
figured out.

Emmanuel gave some advice (thank you E) to read the
whole tms "book". Their is some great advice in these
pages.

Have fun everyone!

sj
  • #27,109
  • Oct 31, 2013 4:21am Oct 31, 2013 4:21am
Quoting ryanlum
{quote} yes.. emmanuel suggested the book and erol shared it out.. check out the Post 26,777

the book title is "RSI:The Complete Guide" ...cover shown below. It is good stuff in there and one of the many resources we used in TMS-II development.
You won't regret reading and studying the contents then applying them in your technical analysis and trading.

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


Do the smart thing, use Google... and you may find it FOC.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #27,110
  • Oct 31, 2013 4:42am Oct 31, 2013 4:42am
Quoting emmanuel7788
{quote} the book title is \"RSI:The Complete Guide\" ...cover shown below. It is good stuff in there and one of the many resources we used in TMS-II development. You won't regret reading and studying the contents then applying them in your technical analysis and trading. {image} Do the smart thing, use Google... and you may find it FOC.
here it is peeps... found this somewhere online. have fun reading
Attached File(s)
File Type: pdf RSI-The Complete Guide-John Hayden.pdf   6.7 MB | 23,854 downloads
  • #27,111
  • Oct 31, 2013 5:40am Oct 31, 2013 5:40am
am currently long on this pair
SL was hit earlier in the day
re enter long again
any on trading this pair comment welcome
Attached Image (click to enlarge)
Click to Enlarge Name: nu2.jpg Size: 183 KB
  • #27,112
  • Oct 31, 2013 6:25am Oct 31, 2013 6:25am
Hello everyone, some good trades today.

H1 bounce on E/J and C/J that I monitored. E/J short was moving fast towards my initial TP (previous major support) so I moved it the second previous major support and a little above the round number. TP taken out. One and only TP placed at last two major supports also reached. Candles still look strong but TDI and PA on higher TF's don't, in my opinion. So I didn't increase TP's.

E/J short +50
C/J short +25

Also H1 bounces:

E/U short +20
U/C long +10 (the E/U persuaded me to take it despite the last few candles being a bit iffy to put a buy stop, however I thought 10 pips were almost sure)

H4 trades E/A and E/NZ. My sell stops got triggered during the night. TP corresponding to middle Bollinger lines and thus major S/R. The E/NZ didn't show a strong H4 candle setup but daily did, so I had decided to trust the correlation with E/A and my sell stop got triggered... My TP's got triggered eventhough I think they could go further down. I just didn't want the risk - it's demo only, but I try to imagine it as trading live.

E/A short + 80
E/NZ short + 90

So that's around +270 pips from last night and so far today. A little bit above +500 so far this week only. What the...
  • #27,113
  • Oct 31, 2013 6:37am Oct 31, 2013 6:37am
Quoting Lane - "My TP's got triggered eventhough I think they could go further down. I just didn't want the risk - it's demo only, but I try to imagine it as trading live."
Very smart, trading demo as if 'live' means you won't have to change much when going live. I did the same as you and while 'real' money can be painful at times I was always glad I had laid the foundation during demo. Congratulations.
  • #27,114
  • Oct 31, 2013 6:50am Oct 31, 2013 6:50am
Thanks piprac.

By the way I'm posting the charts, shots after the trade, my entry and exit point in yellow (lines not the exact place, more "exactish"). As you see some trades kept moving on, and maybe will go more, but I just took the least risk, one good bird is more than enough, as a rookie you have to fight the psychological games with yourself.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurjpy-h1-oanda-division4.png Size: 69 KB
Click to Enlarge Name: chfjpy-h1-oanda-division4.png Size: 74 KB
Click to Enlarge Name: eurusd-h1-oanda-division4.png Size: 80 KB
Click to Enlarge Name: usdchf-h1-oanda-division4.png Size: 73 KB
Click to Enlarge Name: euraud-h4-oanda-division4.png Size: 72 KB
Click to Enlarge Name: eurnzd-h4-oanda-division4.png Size: 64 KB
  • #27,115
  • Oct 31, 2013 7:31am Oct 31, 2013 7:31am
Quoting Lane
Thanks piprac. By the way I'm posting the charts, shots after the trade, my entry and exit point in yellow (lines not the exact place, more \"exactish\"). As you see some trades kept moving on, and maybe will go more, but I just took the least risk, one good bird is more than enough, as a rookie you have to fight the psychological games with yourself. {image} {image} {image} {image} {image} {image}
very nice trades lane. Did you just look at the TDI on those timeframes you posted or did you look at the higher one too?
  • #27,116
  • Oct 31, 2013 7:37am Oct 31, 2013 7:37am
Quoting Lane
Hello everyone, some good trades today. H1 bounce on E/J and C/J that I monitored. E/J short was moving fast towards my initial TP (previous major support) so I moved it the second previous major support and a little above the round number. TP taken out. One and only TP placed at last two major supports also reached. Candles still look strong but TDI and PA on higher TF's don't, in my opinion. So I didn't increase TP's. E/J short +50 C/J short +25 Also H1 bounces: E/U short +20 U/C long +10 (the E/U persuaded me to take it despite the last few candles...
Wish you luck Lane keep it up, these are amazing results
I Have Learned to Take Some Losses to Make Profits
  • #27,117
  • Edited 8:52am Oct 31, 2013 8:39am | Edited 8:52am
Thanks guys.

Ryanlum, I definitely look at higher TF's, at least up to daily, I have to know what the PA and TDI lines are doing (not just the crosses). Some people don't, for me it's a good compass and gives me confidence.
One TF higher is the boss, it tells me what kind of move can be expected. I put a stop order on H1 or H4 if i expect a move on 1st or 2nd candle (depending which TF is the boss). Note, I don't count ALL candles (dojis, too small bodies... eventually you get a feeling, it's easy). I look at the "boss" to gauge the safest TP (or TP1 if you will) and depending on if I'm expecting a bounce, retrace etc I fine tune the TP (testing some rules on that as well) on the chart I had put the stop order on.

By the way, one more trade on H4. Notice the retrace on the daily. That's why I look for "only" the TP1. With my modest knowledge and experience that's my maximum confidence level. We'll see in a few weeks, months, etc...

NZD/USD long +40-ish

Buy stop and TP (hit) in yellow, theoretical TP2 and TP3 in green. Last two put on daily, no fine tuning - notice the TP2 relative to Bollinger lines.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: nzdusd-h4-oanda-division4-2.png Size: 67 KB
Click to Enlarge Name: nzdusd-d1-oanda-division4.png Size: 74 KB
  • #27,118
  • Oct 31, 2013 8:42am Oct 31, 2013 8:42am
Way to go Lane,

That is exactly what you do!

Don't over think it and just go by what the charts are showing you...

sj
  • #27,119
  • Oct 31, 2013 8:54am Oct 31, 2013 8:54am
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...
Emmanuel,

Many thanks for sharing this! It's interesting to see that most of what you have outlined in these notes you have shared, talked about and provided examples to some extent through your many posts. Good luck with TMS-II!
  • #27,120
  • Oct 31, 2013 9:04am Oct 31, 2013 9:04am
Lane,

Now that you have had some time to get
a feel for the system.

What do you think of the Bollinger Bands 50/2
as a overall guide?

sj
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