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Trading Made Simple

  • #28,661
  • Jan 5, 2014 5:17pm Jan 5, 2014 5:17pm
Quoting sfg7th
{quote} Why the comment about 2 naughty boys, this is where I first found synergy-pro, it utilizes the TMS rules with additions?? I'm confused!

sfg7th:

mine saying two naughty boys was done with some jest and nothing personal.
don't take that comment seriously.
TMS and the Synergy models are different trading methods.
we have many members here who are very passionate about TMS and want to keep this thread sharing and discussions focus on TMS.
as for me, I am neutral as I believe there is a learning experience for those who want to try the different Synergy models and comparing them with TMS.
I have the view that many traders here still want to see indicators on their charts and also trade signals generated by technical indicators. These traders will experience for themselves and they will be richer in knowledge and experience but not necessarily richer financially. I just hope they will not suffer any hardship when they pay the price for the experience. I have been there before.

regards,
EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #28,662
  • Jan 5, 2014 7:34pm Jan 5, 2014 7:34pm
Quoting lastingwell
{quote} We don't "know" anything its a probabilities game, taking everything into account including the higher timeframes is it likely to go the way we think...thats all we can do. As far as backtesting goes, if you use the one I have attached it locks in where the tdi red and green lines were when the candle closed so you will see exactly what it looked like at the time. Set the timeframe to the one you want to see. {file}
I really like this indicator! it makes the crosses much clearer and filters false crosses much better. I have it set to the 4H TF and my chart on the 1H TF. Only thing i cant do is back test with this indicator using LFH Trade Simulator since it runs off only one TF during the test. but it looks good live! i will test it out. again thanks!
  • #28,663
  • Edited Jan 6, 2014 1:17am Jan 5, 2014 7:35pm | Edited Jan 6, 2014 1:17am
Some people have shown me a lot in this thread going above and beyond in TMS, so I would like to give back a little and in the spirit of the New Year I was thinking of doing a weekly PA exercise for anyone interested and at the early stages of learning PA. Feel free to PM if your to shy to post your thoughts!

Ok guys so lets get this started PA exercise, week #1:

  1. GBPUSD (August/September 2013) Daily Time-frame
  2. PA at areas of confluence (RN,365MA)
  3. No TDI signal yet
  4. We see a MC setup in the grey box...how can we build positions here...even before a TDI cross?
  5. There may be multiple entries we can use so lets put our thinking caps on....

I will post my update tomorrow evening(GMT) but if your stuck use the PDF in the post below to help you along.

Quoting Erol
CSP pdf
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_Daily_Example.png Size: 40 KB
  • #28,664
  • Jan 5, 2014 7:52pm Jan 5, 2014 7:52pm
Quoting Agk007
{quote} I really like this indicator! it makes the crosses much clearer and filters false crosses much better. I have it set to the 4H TF and my chart on the 1H TF. Only thing i cant do is back test with this indicator using LFH Trade Simulator since it runs off only one TF during the test. but it looks good live! i will test it out. again thanks!
LFH Trade Simulator is useless to any other MTF strategies.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #28,665
  • Jan 5, 2014 9:18pm Jan 5, 2014 9:18pm
Hello folks, been trading lower time frame FOREX for about 6 mos and am discouraged. I haven't had the results I was expecting, basically I hate to lose especially my hard earned cash. Came across this system and started reading, think Im up to page 107 of 1434. I will continue to read and learn, and look forward to putting this system into practice. I use the tradestation platform and have found TDI and HA Candles but only as an indicator. Anyone else out there use TS? Hopefully with some practice and some patience I can turn this ship around.

Thanks for all your time and patience with us newbies!
  • #28,666
  • Jan 5, 2014 10:27pm Jan 5, 2014 10:27pm
Pulled the trigger on a nice Asian session move down following a double top (just below the Friday high of the day). Daily, H4 & H1 all in a downtrend. TDI confirmation with green crossing red. An easy 50 pips....off to bed.
Attached Image (click to enlarge)
Click to Enlarge Name: 2014.1.6 ej h1.png Size: 41 KB
  • #28,667
  • Jan 6, 2014 1:50am Jan 6, 2014 1:50am
Quoting Phx62
An easy 50 pips....{image}
Simply the best...
i worshipped... Momentum
  • #28,668
  • Edited 4:05am Jan 6, 2014 3:01am | Edited 4:05am
Just took a look at my monitor and took this live quick scalp on EJ for +17.1. (green arrows, I trade on my ECN platform spread 0.5, not MT4) Those years of old small t/f scalping habits are hard to break. Thanks to this thread I think there is still hope! Oh well, not bad for 3 minutes work! Bottom chart is MT4, 1 hr.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: cT_cs_1002230_EURJPY_2014-01-06_01-40-20.png Size: 37 KB
Click to Enlarge Name: ScreenHunter_02 Jan. 06 03.02.gif Size: 15 KB
Attached Images
Keep It Simple
  • #28,669
  • Jan 6, 2014 3:03am Jan 6, 2014 3:03am
Anyone in EJ trade ?
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 24 KB
  • #28,670
  • Edited 3:32am Jan 6, 2014 3:18am | Edited 3:32am
Quoting pundit78
Anyone in EJ trade ? {image}
Yes, see above.....but just scalp and back to bed.
Keep It Simple
  • #28,671
  • Jan 6, 2014 4:13am Jan 6, 2014 4:13am
happy new year everyone,

GU- Waited for a pullback and a LH to be formed, PA also made an engulfing candle, TDI green was under red and yellow!

Stop are now at breakeven and will watch PA for exit.
Attached Image (click to enlarge)
Click to Enlarge Name: GU 6th.png Size: 49 KB
Give yourself a chance and trade it like it's layed out...
  • #28,672
  • Jan 6, 2014 4:41am Jan 6, 2014 4:41am
Where would you enter the trade, after the London Session pass the most recent high (green line), or the whole last session high (purple line)?
Attached Image (click to enlarge)
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  • #28,673
  • Jan 6, 2014 7:07am Jan 6, 2014 7:07am
EURAUD Week 02 H4:

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD H4 week 02.png Size: 28 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #28,674
  • Jan 6, 2014 7:34am Jan 6, 2014 7:34am
Quoting emmanuel7788
EURAUD Week 02 H4: {image}
And I thought you weren't going to trade until next week Too good to miss?
  • #28,675
  • Jan 6, 2014 7:50am Jan 6, 2014 7:50am
Quoting emmanuel7788
EURAUD Week 02 H4: {image}
Hey Emmanuel,


Can I ask what were the reasons behind taking this trade?


Thanks!

irishtoffy
  • #28,676
  • Jan 6, 2014 8:15am Jan 6, 2014 8:15am
Hello everyone, long time no see !

Irishtoffy if I may try to answer .. See my attached picture

1. Price seems to have found support ( 2 Hammers rejecting lower prices )
2. Tdi coming from oversold
3. There was a solid move down ( 5 waves ) - Time for a correction up
4. Interesting Risk/Reward between swing low and confluence of Fib and resistance ahead at 1.53

It's against higer trend I think, but should be fine
Attached Image (click to enlarge)
Click to Enlarge Name: euraudh4.png Size: 35 KB
Don’t ever let someone tell you that you can’t do something.
  • #28,677
  • Jan 6, 2014 8:41am Jan 6, 2014 8:41am
Does it matter if the TDI I get from Phx62, looks different live (right now) compared to when I used it on a strategy tester? (His TDI doesn't move in real time unless you refresh/change TF)
  • #28,678
  • Jan 6, 2014 8:42am Jan 6, 2014 8:42am
Quoting armacom
hello everyone, long time no see ! irishtoffy if i may try to answer .. See my attached picture 1. Price seems to have found support ( 2 hammers rejecting lower prices ) 2. Tdi coming from oversold 3. There was a solid move down ( 5 waves ) - time for a correction up 4. Interesting risk/reward between swing low and confluence of fib and resistance ahead at 1.53 it's against higer trend i think, but should be fine :d {image}
thak you,emmanuel and you are in the same track,very good
  • #28,679
  • Jan 6, 2014 8:44am Jan 6, 2014 8:44am
Quoting Armacom
Hello everyone, long time no see ! Irishtoffy if I may try to answer .. See my attached picture 1. Price seems to have found support ( 2 Hammers rejecting lower prices ) 2. Tdi coming from oversold 3. There was a solid move down ( 5 waves ) - Time for a correction up 4. Interesting Risk/Reward between swing low and confluence of Fib and resistance ahead at 1.53 It's against higer trend I think, but should be fine {image}

Thanks Armacom!

Yes I was asking to know what made him confident enough to enter after price made a series of LL previously.
  • #28,680
  • Jan 6, 2014 9:04am Jan 6, 2014 9:04am
Quoting lastingwell
{quote} And I thought you weren't going to trade until next week Too good to miss?

I lied.

Market makers woke me up.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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