Trading Made Simple | Page 1616 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Monitor for 'Trading Made Simple' system 565 replies

Trading Made Simple the right way, and other trading lessons 334 replies

Indicators for the 'Trading Made Simple' system 343 replies

MTF Indicators for the 'Trading Made Simple' system 241 replies

Trading Made Simple system follower - Thanks to eelfranz 9 replies

Attachments: Trading Made Simple
Exit Attachments

Trading Made Simple

  • #32,301
  • Edited 2:06pm Mar 13, 2014 1:03pm | Edited 2:06pm
Quoting pampaq
{quote} Hello TheScorpS: took your footprint and saw that you are using is indi TDI might to ask you, how about his preformance, you recommend its use? I'm using it successfully for Mr Pips, however when seeing that the TDI can be used in large TF, and this is less stressful, I thought I might try it. What you think, you could send this indicate? Thanks and regards.
I have started recently getting more and more pips after trying hard the last year learning everything possible about this strategy; then started reading Mr. Pip thread and now I combined the 2 and green pips are showing, all u have to do is first read phx62 pdf in the paper clip, u will find them there , there are maybe 4 , and then backtest this strategy hard with TDI crosses and bounces ; and after time ; the same way pips is starting coming my way; they will come us too Powerful strategy that can truly makes us all rich

Attached is the TDI version I use to trade TMS
Attached File(s)
File Type: ex4 TDI_RT.ex4   5 KB | 444 downloads
I Have Learned to Take Some Losses to Make Profits
  • #32,302
  • Mar 13, 2014 1:05pm Mar 13, 2014 1:05pm
My GU trade this morning
Took 1st profit at 30 pips and moved stop loss to Break Even
Took second profit at 50 pips
After that it reversed on me and closed my remaining position on break even +5 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: gu.PNG Size: 52 KB
I am not random, U just can't think as fast as me....
  • #32,303
  • Mar 13, 2014 1:08pm Mar 13, 2014 1:08pm
Quoting as33156
{quote} Thanks TP123, Congrats on your PIP haul! Profit is Profit!
Exactly even no loss during a week is achievement too
I am thankful to Almighty ALLAH for ending week in green.
I am not random, U just can't think as fast as me....
  • #32,304
  • Mar 13, 2014 1:13pm Mar 13, 2014 1:13pm
The EJ trade 130 pips profit and COUNTING!


MAKE THAT 150 PIPS PROFIT!
MAY THE PIPS BE WITH YOU!
  • #32,305
  • Mar 13, 2014 1:17pm Mar 13, 2014 1:17pm
anyone here familiar with Heiken ashi smoothed?

just wondering is it possible to make the colour appear as soon as the candle start?

I've got another heikin ashi indi which does that, however it has no alarm
  • #32,306
  • Mar 13, 2014 1:25pm Mar 13, 2014 1:25pm
Quoting as33156
The EJ trade 130 pips profit and COUNTING! MAKE THAT 150 PIPS PROFIT!
Very Big candles on EJ, Lucky you to enter timely
I have missed that, I have seen your chart.
You entered one hour before my candle closing time, maybe due to different brokers but that one hour was crucial for tanking EJ.
I am not random, U just can't think as fast as me....
  • #32,307
  • Mar 13, 2014 1:32pm Mar 13, 2014 1:32pm
Quoting thinkpad123
{quote} Very Big candles on EJ, Lucky you to enter timely I have missed that, I have seen your chart. You entered one hour before my candle closing time, maybe due to different brokers but that one hour was crucial for tanking EJ.
Hi TP123,

Yes my Broker is MBTrading which operate their platform on -5 GMT (NYC Time). I know another forum member who is looking into using a -5 GMT timed account to look for entries as it seems to give them ahead of other time zones by almost 2 bars in some cases.

The early bird catches the worms! :nerd:

May the pips be with you!
MAY THE PIPS BE WITH YOU!
  • #32,308
  • Mar 13, 2014 1:45pm Mar 13, 2014 1:45pm
Quoting as33156
{quote} Hi TP123, Yes my Broker is MBTrading which operate their platform on -5 GMT (NYC Time). I know another forum member who is looking into using a -5 GMT timed account to look for entries as it seems to give them ahead of other time zones by almost 2 bars in some cases. The early bird catches the worms! :nerd: May the pips be with you!
I am always confused about this whether to use New york close charts for trading as BIG E did or GMT 0 charts offered by other brokers. I have although tested both and result was new york close charts give more reliable signals for TMS but still sometimes i see people get early entries on GMT 0 charts.

Big banks also use GMT 0 charts but i don't want my candle to open in synchronization with London open and close times.

Anyone else have such problems in his mind or want to give any suggestion?
I am not random, U just can't think as fast as me....
  • #32,309
  • Mar 13, 2014 1:53pm Mar 13, 2014 1:53pm
Quoting hostwey
{quote} AUDJPY and AUDUSD look like classic 1-2-3 trades! Hope to publish trades from next week. Been using MT4 for charting only then using brokers web interface which is not ideal.
thx for your answer and you were right on the 123. my rookie mistake^^
  • #32,310
  • Edited 2:57pm Mar 13, 2014 2:42pm | Edited 2:57pm
NZDUSD & AUDUSD are potential SHORTS at 4pm as they are currently crossing on the TDI on the 1st candle. So if they confirm at 4pm we can jump in on the 2nd candle and hopefully they will tank like the Jap pairs did at noon. However the trend maybe worn out and you could face a steep retrace. They have already dropped a lot. But so did EJ before we jumped in and broke it's back.


I'm debating whether or not to takes these two trades at 4pm. I'm sort of a Greedy MoFo But I think I want to enjoy a night out with the lady without thinking about the charts.

More Money! More Problems! Best of Luck for whoever takes them.


EJ IS TRYING TO GIVE US 200 PIPS PROFIT. THE FORCE IN STRONG IN THAT ONE!
MAY THE PIPS BE WITH YOU!
  • #32,311
  • Mar 13, 2014 3:10pm Mar 13, 2014 3:10pm
Hi
Can anyone tell my why my newly downloaded mt4 platform build 610 doesnt see my indicators. I have been using them on my old laptop but the indicators and templates i use for big e's method dont appear in the folders i saved them too.

I saved the indicators in the indicators folder and the template in templates folder.

Thanks
  • #32,312
  • Mar 13, 2014 3:22pm Mar 13, 2014 3:22pm
Quoting Next4467
Hi Can anyone tell my why my newly downloaded mt4 platform build 610 doesnt see my indicators. I have been using them on my old laptop but the indicators and templates i use for big e's method dont appear in the folders i saved them too. I saved the indicators in the indicators folder and the template in templates folder. Thanks
In the new build I believe you have to add them from inside the actual platform. By going to "File" and "open data folder, then go into "MQL4" and put your indicators. Hope this helps!
MAY THE PIPS BE WITH YOU!
  • #32,313
  • Mar 13, 2014 3:22pm Mar 13, 2014 3:22pm
as33156 is to quick for me
  • #32,314
  • Mar 13, 2014 3:59pm Mar 13, 2014 3:59pm
Quoting as33156
{quote} In the new build I believe you have to add them from inside the actual platform. By going to "File" and "open data folder, then go into "MQL4" and put your indicators. Hope this helps!
Thank you as33156, that sorted it :0)
  • #32,315
  • Mar 13, 2014 5:55pm Mar 13, 2014 5:55pm
Quoting Arete
{quote} Every trader feels the pressure to close when there is good pips on the table, especially when over 100. Try having more than one position, i personally like 1:1 RR on the 1st position, and 1:2 RR on the second, leaving a 1:5 RR overall on each trade, moving to BE on the second position when TP1 is hit. Even with this i close the second position in a panic far to often, but it is slightly more relaxing. I closed my second position for 93 pips this morning, not waiting for the 120 pip tp, to get that...
Arete:

Multiple Entries / Multiple Exits is a proven strategy. Focus on the consistency in the way we manage our trade exits. Do not let the hundreds or thousand pips profit attract you, the Risk Reward is a major factor. In this way, we can achieve the percentage profit cycle much easier and it will be less stressful in a long term trading business. This just one of the key component of a winning system and that will be your road to financial freedom.

What we all need is to have The Daily Trading Coach to guide us in how we develop and manage our mental fitness as traders.

regards,

EMMANUEL

Attached Image (click to enlarge)
Click to Enlarge Name: Steenbarger 101 Daily Coach.png Size: 264 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #32,316
  • Mar 13, 2014 6:06pm Mar 13, 2014 6:06pm
Quoting shay14
anyone here familiar with Heiken ashi smoothed? just wondering is it possible to make the colour appear as soon as the candle start? I've got another heikin ashi indi which does that, however it has no alarm
anyone here familiar with Heiken ashi smoothed?
Yes

just wondering is it possible to make the colour appear as soon as the candle start?
Yes, but why do you want it this way?

I've got another heikin ashi indi which does that, however it has no alarm
it is easy to add alert to it if you have the mq4 source code.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #32,317
  • Mar 13, 2014 6:17pm Mar 13, 2014 6:17pm
Quoting camron
im in 3 trades: GU AJ AU, H4, all long, bullish divergence. I'm not sure if I'm allowed to post my trades here coz im using the synergy template. For me its easier to just put my SL below PAC. so far +210 pips {image}
Hi Camron,

3 very good trades taken...

Using the PAC with the APB is a proven way in managing trade exits. It is effective when we want to let profit run when there is a trend breakaway. It shows you visually the recent market volatility as we see the APB open away from the PAC. It also prevent us in exting trades too early and miss the run.
Most of TMS entries are agrresive and you can see that the entry on APB#1 and #2 are mostly when the PA is inside the PAC. Conservative traders can use the PAC for entry, and these are often candle #3 above becasue it is a breakout entry method of trading.

I use that in combination with my R-Multiple management method.

regards,

EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #32,318
  • Mar 13, 2014 6:51pm Mar 13, 2014 6:51pm
Closed EU @ 80 Pips +
Closed EJ @ 75 pips +
Good Bye Smaller TF's ....
Boy became a MAN NOW ...
Wheel Borrow Please ........
  • #32,319
  • Mar 13, 2014 6:51pm Mar 13, 2014 6:51pm
Quoting emmanuel7788
{quote} Hi Camron, 3 very good trades taken... Using the PAC with the APB is a proven way in managing trade exits. It is effective when we want to let profit run when there is a trend breakaway. It shows you visually the recent market volatility as we see the APB open away from the PAC. It also prevent us in exting trades too early and miss the run. Most of TMS entries are agrresive and you can see that the entry on APB#1 and #2 are mostly when the PA is inside the PAC. Conservative traders can use the PAC for entry, and these are often...
I have been looking for the TMS=11 TDI Indicator, Where do I find it Mr. Emmanuel?
With God all things are possible.
  • #32,320
  • Mar 13, 2014 6:54pm Mar 13, 2014 6:54pm
Quoting emmanuel7788
{quote} Hi Camron, 3 very good trades taken... Using the PAC with the APB is a proven way in managing trade exits. It is effective when we want to let profit run when there is a trend breakaway. It shows you visually the recent market volatility as we see the APB open away from the PAC. It also prevent us in exting trades too early and miss the run. Most of TMS entries are agrresive and you can see that the entry on APB#1 and #2 are mostly when the PA is inside the PAC. Conservative traders can use the PAC for entry, and these are often...
I Trust YOU have actually taken over the Mentor ship of this thread after Grand PooPaw passed away ...
God Bless you ....
All you people are so very Selfless ....
260 traders viewing now, 1 is registered:
iwan73