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Trading Made Simple

  • #30,381
  • Feb 5, 2014 12:51am Feb 5, 2014 12:51am
What is Deep Practice?

It has nothing to do with TMS, but when we want to become Super Traders, we need to know this.

It is about The Talent Code.

http://thetalentcode.com/question-and-answer/

Get that book and read that.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #30,382
  • Feb 5, 2014 12:55am Feb 5, 2014 12:55am
Went also short on EUR/AUD.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot from 2014-02-05 07:54:45.png Size: 18 KB
  • #30,383
  • Feb 5, 2014 1:03am Feb 5, 2014 1:03am
For those of you who want to look at charts with different timeframes All-In-One like the pic posted below,
download the indicators and template to your MT4 installed folder.

Attached Image (click to enlarge)
Click to Enlarge Name: TMS with mini-charts.png Size: 50 KB
Attached File(s)
File Type: ex4 pipware-charts.ex4   71 KB | 1,787 downloads
File Type: ex4 pipware-heiken-ashi.ex4   5 KB | 1,655 downloads
File Type: ex4 HeikenAshi_DM.ex4   3 KB | 1,605 downloads
File Type: ex4 Magnified Symbol & TF on chart.ex4   12 KB | 1,746 downloads
File Type: tpl !#_tms-w-mincharts.tpl   15 KB | 1,510 downloads
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #30,384
  • Feb 5, 2014 1:09am Feb 5, 2014 1:09am
Quoting emmanuel7788
For those of you who want to look at charts with different timeframes All-In-One like the pic posted below, download the indicators and template to your MT4 installed folder. {image} {file} {file} {file} {file} {file}
Emmanuel, just want to say thanks again for giving so much help and time to this thread...I'm sure everyone appreciates it.

Time for my first morning coffee and a scan of the charts!!
  • #30,385
  • Feb 5, 2014 1:14am Feb 5, 2014 1:14am
Short EurAud as well
Everything you can imagine, is real - Pablo Picasso
  • #30,386
  • Feb 5, 2014 1:21am Feb 5, 2014 1:21am
AJ H4:

here is what I see on my chart right now before LO.
the H4 setup is there, and that can be a quick scalp entry.

practice using the multi-charts and see the price action on H1 and M15 to get a better price entry.

Have fun with demo money.
Attached Image (click to enlarge)
Click to Enlarge Name: AJ H4 5 Feb pre-LO.png Size: 49 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #30,387
  • Feb 5, 2014 1:22am Feb 5, 2014 1:22am
Forex Factory Traders, MetaQuotes Has Lied to All of Us!

Warning to all Forex Factory users of MT4, Do not upgrade to v600 build of MT4!

Fellow Forex Factory traders, MetaQuotes has lied to all of us. They claim this new upgrade runs MQL4 indicators in their proper runtime environment without any problems. This is a flat out lie! And once you have upgraded, you cannot go back!

MetaQuotes has become uncaring about traders and greedy for profits. This is all about them making profits off of their "Store" feature, where they and others can sell indicators of new coding. And they have effectively prevented many of all the free and open coded indicators from running! Yes, they have published a long drawn out affair as to why some things won't work, but it is all a bullshit excuse circumventing the fact that they haven't produced a program to convert all of our old indicators so they will run. They expect users to figure out what the hell is wrong, and then become coders themselves to recode so their indicators will work,.........or they expect you to buy replacements from their F....king store!~

Call your brokers and demand that you be allowed to continue the last pre-v600 build or you will go to a broker that will!

-tah
  • #30,388
  • Feb 5, 2014 1:32am Feb 5, 2014 1:32am
Might be premature but this is a test LIVE account anyway.
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Click to Enlarge Name: Screenshot from 2014-02-05 08:31:46.png Size: 25 KB
  • #30,389
  • Feb 5, 2014 1:32am Feb 5, 2014 1:32am
Quoting Gareth22
{quote} Emmanuel, just want to say thanks again for giving so much help and time to this thread...I'm sure everyone appreciates it. Time for my first morning coffee and a scan of the charts!!

You are most welcome. There will be a lot more for those who want to learn to trade and trade with TMS.

While you enjoy your morning coffee, I prepare my dinner...

Enjoy your cuppa.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #30,390
  • Feb 5, 2014 1:41am Feb 5, 2014 1:41am
Quoting traderathome
Forex Factory Traders, MetaQuotes Has Lied to All of Us! Warning to all Forex Factory users of MT4, Do not upgrade to v600 build of MT4! Fellow Forex Factory traders, MetaQuotes has lied to all of us. They claim this new upgrade runs MQL4 indicators in their proper runtime environment without any problems. This is a flat out lie! And once you have upgraded, you cannot go back! MetaQuotes has become uncaring about traders and greedy for profits. This is all about them making profits off of their "Store" feature, where they and others can sell indicators...

TAH,

nice to have you drop by and warn us. Thanks!
This recent update to build 600 was forced without any prompt.

Good thing a few of us started migration to Tradestation II last year.

regards,

EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #30,391
  • Feb 5, 2014 1:51am Feb 5, 2014 1:51am
@direwolf, atillafx

my chart view on EURAUD is another than yours. I do have a lot of more red candles on H1 !?
I was waiting to enter when price make a new candle low in confluence with a steeper decline of the TDI PL, what didn't happen up to now.

Additionally my trade from yesterday afternood on EURAUD H1, +48 pips on short
Attached Image (click to enlarge)
Click to Enlarge Name: 2014-02-04 08.30 EURAUD GMT+1.png Size: 224 KB
fxFox (all times in my charts are GMT+1)
  • #30,392
  • Feb 5, 2014 1:55am Feb 5, 2014 1:55am
EURAUD H1 shortly before FO candle close => double bottom forming

=> Mixed picture - this could go down, or even go on the other way.

On H4 I currently have 2 blue candles from 23:00, 03:00 GMT+1. And the currently running candle is changeing from blue to red and vice versa

I wait for LO and a break of the candle high/low to decide the direction
Attached Image
fxFox (all times in my charts are GMT+1)
  • #30,393
  • Feb 5, 2014 1:56am Feb 5, 2014 1:56am
Quoting emmanuel7788
{quote} you can add more levels in the TDI properties. No need to make change to the code. But only one colour for all levels. {image}
Thank you Emmanuel for your feedback. That works when the indicator is used in stand alone mode. However, when it's called from pipware, it doesn't work like the following screenshot: (I added red 50 level line, which is not correct.)

Attached Image (click to enlarge)
Click to Enlarge Name: 2014-02-05_16-55-20.png Size: 9 KB


Thanks
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #30,394
  • Feb 5, 2014 2:03am Feb 5, 2014 2:03am
Quoting heispark
{quote} Thank you Emmanuel for your feedback. That works when the indicator is used in stand alone mode. However, when it's called from pipware, it doesn't work like the following screenshot: (I added red 50 level line, which is not correct.) {image} Thanks

well, that is beacsue pipware charts TDI does not have the levels coded.
I cannot change that without the mq4 code.
The individual levels in each of the mini-chart is different due to the scaling factor and we cannot simply draw a horizontal line across the sub-window.

But I think we see the APB/HA and the TDI cross as reference will work out for us.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #30,395
  • Feb 5, 2014 2:05am Feb 5, 2014 2:05am
Here is a short study using the mini-charts and look for price action setups and timing our entries when we want to trade in an agrressive manner.

Attached Image (click to enlarge)
Click to Enlarge Name: AJ MTF entry POMO.png Size: 65 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #30,396
  • Feb 5, 2014 2:05am Feb 5, 2014 2:05am
Quoting traderathome
Forex Factory Traders, MetaQuotes Has Lied to All of Us! Warning to all Forex Factory users of MT4, Do not upgrade to v600 build of MT4! Fellow Forex Factory traders, MetaQuotes has lied to all of us. They claim this new upgrade runs MQL4 indicators in their proper runtime environment without any problems. This is a flat out lie! And once you have upgraded, you cannot go back! MetaQuotes has become uncaring about traders and greedy for profits. This is all about them making profits off of their "Store" feature, where they and others can sell indicators...
What a new year's disaster.......
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #30,397
  • Feb 5, 2014 2:29am Feb 5, 2014 2:29am
just went short on GJ...

lets see how this will end

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY short.JPG Size: 100 KB
  • #30,398
  • Feb 5, 2014 2:31am Feb 5, 2014 2:31am
AJ now we are at LO candle, also Tokyo close H candle ... can be fakey.

we wait till we see sellers jump in.

Attached Image (click to enlarge)
Click to Enlarge Name: AJ H1 bearish continuation.png Size: 88 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #30,399
  • Feb 5, 2014 2:40am Feb 5, 2014 2:40am
Is this a potential 'PCRF' pattern forming on the AUDJPY 30 min time frame?

Assuming the 3rd candle makes a higher high and remains blue.

Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: pcrf audjpy.png Size: 29 KB
  • #30,400
  • Feb 5, 2014 2:51am Feb 5, 2014 2:51am
Quoting Gareth22
Is this a potential 'PCRF' pattern forming on the AUDJPY 30 min time frame? Assuming the 3rd candle makes a higher high and remains blue. Thanks {image}

yes, looking just at that in isolation.

that is a reaction at the Prev W Fib 50% 89.35 and RN 90.00

don't ignore the 3-bars bearish reversal (very smallish but visible in 30mins) which happened at 90.25.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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