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  • #31,301
  • Feb 21, 2014 6:25am Feb 21, 2014 6:25am
Hi Emmanuel,
are you finding it any better for entering trades with not using the stochastics indi?
cheers
  • #31,302
  • Feb 21, 2014 7:11am Feb 21, 2014 7:11am
Quoting Viktor.kren
I,m looking to download ( pipware stochastics indicator ). Can someone please help? I can not find it anywhere to download. Thank you.

read post#30,390 for the indicators and template.

and see this chart pic below to include the stoch


Attached Image (click to enlarge)
Click to Enlarge Name: pipware stoch set to true.png Size: 87 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #31,303
  • Feb 21, 2014 7:18am Feb 21, 2014 7:18am
Hi,

apologies that I ask the same thing again but I want to be sure I look at the right thing:

On the left side I put the white line to the candle that closed at 14:00 - TDI not crossed.
On the right side that is the opening on then next candle and immediately at open (sol at 14:00 and 1 seconds) the TDI is crossed.

What I understood is: The left side scenario is to consider and this is not an entry according to basic rules. Is my understanding correct?

Good weekend,


http://abload.de/img/2-21-20142-04-57pmtadv1.png
  • #31,304
  • Feb 21, 2014 7:23am Feb 21, 2014 7:23am
Quoting emmanuel7788
{quote} UJ running up nicely. I like what I see on my H1 chart. The MC breakout altready happended with the last H1 candle. So now we start looking for price action reversal setups which the TDI will confirm for us. 102.72 is in sight, any early bearish move before that will be short term pull back only until I see a higher TF reversal setup. H4 and D is where I will look. {image}

UJ still in range after another WRB and now MC. The Historical 102.50 is in play until we see a higher TF reversal in D and H4.

That H1 setup failed. How could you have avoided that 3 bar PCRF?

I see an interesting chart pattern emerging. Still too ealry and not enought trading hours till NY closes today.

Come back next week.
Attached Image (click to enlarge)
Click to Enlarge Name: Uj H1 example update NYO.png Size: 65 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #31,305
  • Feb 21, 2014 7:31am Feb 21, 2014 7:31am
Quoting Frenchie
Hi, apologies that I ask the same thing again but I want to be sure I look at the right thing: On the left side I put the white line to the candle that closed at 14:00 - TDI not crossed. On the right side that is the opening on then next candle and immediately at open (sol at 14:00 and 1 seconds) the TDI is crossed. What I understood is: The left side scenario is to consider and this is not an entry according to basic rules. Is my understanding correct? Good weekend, {image}
The candle you drew a vertical line on was the setup candle. TDI crossed on the next candle open, at this point I would drop to M15 to see if a long trade is cleared and I would use M5 to pull the trigger.
  • #31,306
  • Feb 21, 2014 7:32am Feb 21, 2014 7:32am
Quoting Frenchie
Hi, apologies that I ask the same thing again but I want to be sure I look at the right thing: On the left side I put the white line to the candle that closed at 14:00 - TDI not crossed. On the right side that is the opening on then next candle and immediately at open (sol at 14:00 and 1 seconds) the TDI is crossed. What I understood is: The left side scenario is to consider and this is not an entry according to basic rules. Is my understanding correct? Good weekend, {image}

This is an excellent realtime chart practice.
The TDi cross when that 14:00 H1 candel closed.

Now we look closely at this current 15:00 H1 candle, if this candle close higher, the TDI cross is ok.
But if this 15:00 candle pulls back and close lower, then we shall see what happens to the TDI.
Depend on how much the pull back and closing, that can cause the TDI to hook back wards.

There are two IB before the 14:00 candle. Be careful!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #31,307
  • Feb 21, 2014 7:46am Feb 21, 2014 7:46am
Quoting OuterWest
Hi Emmanuel, are you finding it any better for entering trades with not using the stochastics indi? cheers

For those new to trading with TMS method, I recommend you follow the teaching of eelfranz.
The Stoch 8,3,3 is additional confirmation to the TDI and APB Entry setup.
If the Stoch and the TDi shows a conflict , we do not take that setup.

post#261
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #31,308
  • Feb 21, 2014 10:16am Feb 21, 2014 10:16am
Quoting wnabo
Hello every1. Been here before learned TMS but got busy with some other stuff so couldnt continue. Im back now but my prob with TMS is I still dont know which Time frame I should stick to and manage my trades thereby. I had a EJpy loss cos of a trade I took on the 4hr yesterday. If Id followed the 1hr id have exited on time. also I entered too late so I know I didnt follow through with the rules. But I see a lot of modifications to the strategy since I was here last. Please can someone direct me to where I can learn all these new improvements and...
For learning purposes I'd say it's better you demo on H1, eventhough your personality may be better suited for H4. The reason is that on H1 you'll have trading opportunities more often and more opportunities to see good setups and make more mistakes (from which you'll learn). the key is learning, not making pips.

My advice is at end of each trading day make a Weekly/Daily Top Down Analysis (check videos on protradersnetwork, google it). Then you switch to H4 to see potential swings and decide on your bias (bullish, bearish, market undecided). It can be overwhelming at first but it gets easier). Finally, when you identify potential swings, you trade those trend moves on H1.

To give you a start for back/forward testing, look what happens with price when TDI green crosses the yellow (MBL), when green comes from overbought/oversold, relative to the MBL. See what happens when you trade a TMS cross into MBL which itself is near TDI 50 line, not extremes. Based on your observations, create some "mechanical" rules for trade/no trade. Last but not least, learn a bit about pinbars, IBs, OBs, EBs. TMS is not a system, it's more of a philosophy, so knowledge of at least basic PA is mandatory.
  • #31,309
  • Feb 21, 2014 10:34am Feb 21, 2014 10:34am
Quoting emmanuel7788
{quote} Hi The DDReport, since you have three red line for TP, lets do an exerecise here using this UJ H1. Look back to the previouseD highs. You can draw a trendline connecting the highs and we see a break above the trendline formed by 18 and 19 D highs. Next we, look at the TDI. Where were the last time when there was resistance on your price chart and which level of the TDI did this occur. Remember that particular TDI level, and now we follow the price action and see if there will be a new reistance level and a reversal at that new resistance...

Ty try for the analysis Emmanuel. I never thought to draw the trend lines on the day candles like that, I'm going to start though. Thanks again!


also the trade worked out well, the RSI crossed down but then ramped back up this AM for some nice pips!
He who knows when he can fight and when he cannot, will be victorious.
  • #31,310
  • Feb 21, 2014 10:40am Feb 21, 2014 10:40am
ok, thanks for indikator pipware Stoch :-)
  • #31,311
  • Feb 21, 2014 12:18pm Feb 21, 2014 12:18pm
Hi WDays, Hi emmanuel7788,

Quoting emmanuel7788
{quote} This is an excellent realtime chart practice. The TDi cross when that 14:00 H1 candel closed. Now we look closely at this current 15:00 H1 candle, if this candle close higher, the TDI cross is ok. But if this 15:00 candle pulls back and close lower, then we shall see what happens to the TDI. Depend on how much the pull back and closing, that can cause the TDI to hook back wards. There are two IB before the 14:00 candle. Be careful!
Ah, it worked out that way...... finally I get a win with the basic method. 44 pips ,,,,,,, dont know why I took that as TP however
The red dotted lines are last days high and low.

But I need to learn the other important analysis aspects before deciding taking a BigE basic entry. Eg I took the short a couple of candles ago that I should not have.....

Good Weekend,

http://abload.de/img/2-21-20147-11-01pmm2dg4.png

Good Weekend!
  • #31,312
  • Feb 21, 2014 12:44pm Feb 21, 2014 12:44pm
Quoting emmanuel7788
{quote} Hi Valentinik87, Nice trades shown on your chart. Thank you for posting and sharing them. You are getting there.... ... slowly but surely. Spend more time and study those Phx62 pdfs, you will learn plenty. I learn a lot from them and adapt myself as I joruney on. Keep it up. Trade Well. EMMANUEL
Hi Emmanuel, thanks for encouraging me, i know i have a lot to learn, especially from the psychological side.... often i enter a trade but i'm not self confident to let it run (see the picture)

Have you got some tips to control emotions?
Attached Image (click to enlarge)
Click to Enlarge Name: audcadh1.png Size: 34 KB
  • #31,313
  • Feb 21, 2014 12:49pm Feb 21, 2014 12:49pm
Quoting Frenchie
Hi WDays, Hi emmanuel7788, {quote} Ah, it worked out that way...... finally I get a win with the basic method. 44 pips ,,,,,,, dont know why I took that as TP however The red dotted lines are last days high and low. But I need to learn the other important analysis aspects before deciding taking a BigE basic entry. Eg I took the short a couple of candles ago that I should not have..... Good Weekend, {image} Good Weekend!
Well done.

Quoting Valentinik87
{quote} Hi Emmanuel, thanks for encouraging me, i know i have a lot to learn, especially from the psychological side.... often i enter a trade but i'm not self confident to let it run (see the picture) Have you got some tips to control emotions? {image}
Controling emotions is all about confidence, you can't rationally deal with it. If you've backtested enough, forward tested (by having live chart time and a number of successful trades behind you), you will "control" your emotions better. Until then you will just have to use discipline and willpower to overcome it.
  • #31,314
  • Feb 21, 2014 2:10pm Feb 21, 2014 2:10pm
Quoting WDays
{quote} If you posted some charts with your trades on them we could comment and try to figure it out together
So here are one screenshot. I did open trade right away when Green crossed Red, and after cross Green did point up. Also Stochastic did point up to confirm direction. For now it look better, but like OP said we should get out of trade when Green turns to flat. I still kept trade open to see how it will go. Now there are three blue candles in 1hr chart, but they are pretty small candles. Should i go out of trade or what in this kind of situation.?

1hr after trade open
Attached Image (click to enlarge)
Click to Enlarge Name: audusd.jpg Size: 201 KB


3hr after trade open
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 22 KB


PS: If someone has TDI with yellow line i would realy like to have one. Thx.!
  • #31,315
  • Feb 21, 2014 2:18pm Feb 21, 2014 2:18pm
Quoting emmanuel7788
{quote} Hi FX94, Here is another approach which you can consider to get into the market. {image} Trade Well. EMMANUEL

Hey emmanuel,

Thanks for the response. Now i will try to use the MTF indicator for TMS. Next week iŽll try to post some more trades.


Best regards,

Fx94
  • #31,316
  • Feb 21, 2014 2:37pm Feb 21, 2014 2:37pm
Hi all traders.

Allow me to introduce myself.
I live in Prague, Czech Republic.
I'm trying to trade for the third year. I've already lost 2 live account!
But I have the invincible will and strong desire to overcome the losses in forex and finally start making money.

I found this amazing site where I found these 2 systems. Belkhayate system and Trading Made Simple. These systems I really I like and want to trade them.
I went back to the demo-account.
Deep respect all profitable traders !

I have some questions.,please.

1.-It is here possible to base my thread where I will show how I traded.
Exactlyenters / buy / sell, SL, TP and trafficking for the outcome of my day?

2 - Are they here willing profitable traders who would give comments to my trades? Is this possible? help anyone?
I would like to learn it.
3 - Jake currency pairs are the best for the loser (I want to trade just two pairs)

This is how I have setup the platform.

Thank you so much for your answers and I wish you a nice weekend!
I do not write and speek any English, I translate the text in Google Translator and corrects hand.
Answer plain English, please. :-)

Viktor
Attached Image (click to enlarge)
Click to Enlarge Name: moje obchody.png Size: 114 KB
  • #31,317
  • Feb 21, 2014 2:43pm Feb 21, 2014 2:43pm
Sorry I do not speak English, my mother language is Czech.
I hope I that you understand what I write.
  • #31,318
  • Edited 5:48pm Feb 21, 2014 2:45pm | Edited 5:48pm
Quoting medIce
{quote} So here are one screenshot...
medIce

I personally would not enter any trade on lower timeframes at friday evening. Markets close in some minutes and then there is a lot of time over the weekend, where news can come up for currencies, which produce gaps to the weekly close price.

To get the MBL just set the color of the line in the TDI indicator. It is set to "none" in standard.

have a good weekend
fxfox
fxFox (all times in my charts are GMT+1)
  • #31,319
  • Edited 3:12pm Feb 21, 2014 3:02pm | Edited 3:12pm
Quoting fxFox.mb
{quote} medice I personally would not enter any trade on lower timeframes at friday evening. Markets close in some minutes and then there is a lot of time over the weekend, where news can come up for currencies, which produce gaps to the weekly close price. To get the MBL just set the color of the line in the TDI indicator. It is set to "none" in standard. have a good weekend fxfox
I appreciate your answer. But i know that Fridays isnt good day to trade. My point was did i understand right.? Or should i wait etc. Lets assume its Tuesday.

I tried to put colour on every line that was listed "NONE" but i dont see MBL. i have TDI Green Red...

And like you see arrows in my screenshot, market has turned AGAIN against me. And this has happened me all over again. Always when i see crossover i enter and then market just turn against me. I really dont know what im doing wrong. I trade 1h and 4h TF.
Attached Image (click to enlarge)
Click to Enlarge Name: audusd2.jpg Size: 160 KB
  • #31,320
  • Feb 21, 2014 3:30pm Feb 21, 2014 3:30pm
Quoting Viktor.kren
Hi all traders. Allow me to introduce myself. I live in Prague, Czech Republic. I'm trying to trade for the third year. I've already lost 2 live account! But I have the invincible will and strong desire to overcome the losses in forex and finally start making money. I found this amazing site where I found these 2 systems. Belkhayate system and Trading Made Simple. These systems I really I like and want to trade them. I went back to the...

if you link your account to a trade explorer you will have all your data automatically synced to the website. it tells you how long you held the trade, how much of that time it was profitable, how many pips you left on the table if you didn't exit at the top, etc.
It also shows you a picture of the chart of the trade you took too(it won't be your template though, it'll just be a basic candle chart marking entry and exit)

its a really great feature and Id recommend everybody use it because its like an automatic trade journal thats constantly updated. Even tell you your entry right down to the second.

You may also start a trade journal in the trading journal section. I use both and just have my trade explorer linked to my journal.
He who knows when he can fight and when he cannot, will be victorious.
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