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Trading Made Simple

  • #33,361
  • Edited 5:37am Mar 21, 2014 5:17am | Edited 5:37am
Woke up to a nice surprise, GJ hit my TP of 50 (slipped to 51 actually) and to irritating surprise, EJ Missed my TP by ONE pip, and closed at BE. Ah well.

Attached Image (click to enlarge)
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Opened EU on what looks like rejection of historical resistance turned support, and TDI cross. TP 100, SL behind swing low 3 pips, and BE set to +30. Here we go!

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Quoting Direwolf
{quote} Hi. I double check and turned out I named them wrong, sorry. Box indicators are source files, so, rename them to .cs and they should show up in your cAlgo for compile. I don't use them in my template tho, it doesn't work as good as their MT4 counterpart.

I see what you mean, I'll mess about in the code awhile, and see if I can improve on them.
War. Is my profession.
  • #33,362
  • Mar 21, 2014 5:17am Mar 21, 2014 5:17am
Quoting hugecat
{quote} Happy friday, As3! See you next week. I think I'm done as well. "Only" +120 this week and I that was my first week of testing TMS. Excited about Monday!
Outstanding Hugecat!


Remember 100 pips a week is a career and will make you millionaire one day if you can get it without fail every week and use strict money management.


Trickling streams turn into raging rivers.
MAY THE PIPS BE WITH YOU!
  • #33,363
  • Mar 21, 2014 5:20am Mar 21, 2014 5:20am
Quoting Direwolf
Congratulations as3! EU also forms an outside/engulfing. Very nice set up to go long. {image}
It is indeed, however EU is in a downtrend on the Daily (APB bars are red, and it broke trendline support). So I'd be looking at shorting EU.

However on Daily EU is at 38.2 fib so might be a few bounce pips to be earned.

Dare say you are right, and its Friday and EU can do weird things.
  • #33,364
  • Mar 21, 2014 5:21am Mar 21, 2014 5:21am
Quoting as33156
{quote} Outstanding Hugecat! Remember 100 pips a week is a career and will make you millionaire one day if you can get it without fail every week and use strict money management. Trickling streams turn into raging rivers.
Amen brother
Those who know don't talk. Those who talk don't know.
  • #33,365
  • Mar 21, 2014 5:38am Mar 21, 2014 5:38am
May I join the part guys, but am still far from consistency but at least for today I can book my seat

4 trades long

EJ , GJ , EU and GU

Took all these on smaller time frame signal with TDI , I actually am trying to search signal on M1 and then ride them on H1 , as you can see all of the trades are taken before TDI crosses or bounces come into play, but if this works for me , then I will try to improve it, I have no confirmation yet but trying to build data

Closed EJ, GJ since PA hit EMA 10 on H4 chart

I had a small looser tho on AU short - 15 pips early morning

EU and GU still running and at BE at the moment , so good Friday after all
Attached Image(s) (click to enlarge)
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I Have Learned to Take Some Losses to Make Profits
  • #33,366
  • Mar 21, 2014 5:46am Mar 21, 2014 5:46am
I am getting a lot of PMs from last some days regarding cave manager settings , So i thought of sharing what works best for me here in the thread.

I have tested different settings and found these best for cave manager with tms 4 hourly.

Use these settings and see the results for two weeks, you will be amazed by the results.

Turn off everything except the following

Tp 1st batch lot percentage= 40 percent
tp 2nd batch lot percentage=30 percent
tp 3rd batch lot percentage= 30 percent

Tp 1st batch pips= 30
Tp 2nd batch pips= 50
Tp 3rd batch pips = 100

capital protection = 30 pips

loss buffer= 5 pips

fixed tp at trade opening= 100
fixed stop loss at trade opening= 100

However mostly after opening trade i move my stop loss to above or below 2 candles back which in most of cases at 4 hour is 40 to 60 pips at most, If it is more than that then i pass on that trade
.
However if you dont like anything then you can change it to your advantage.

I am also attaching my set file if anyone needs it.

Attached File(s)
File Type: rar fxtp.rar   1 KB | 439 downloads
I am not random, U just can't think as fast as me....
  • #33,367
  • Mar 21, 2014 5:47am Mar 21, 2014 5:47am
I just noticed EU price stopped right below a RN 1.3800. Perhaps not a good idea to enter it without seeing a clear break first.
Everything you can imagine, is real - Pablo Picasso
  • #33,368
  • Mar 21, 2014 5:56am Mar 21, 2014 5:56am
Quoting Direwolf
I just noticed EU price stopped right below a RN 1.3800. Perhaps not a good idea to enter it without seeing a clear break first.
Oh man. Totally missed that BRN
War. Is my profession.
  • #33,369
  • Mar 21, 2014 6:39am Mar 21, 2014 6:39am
entries a short while ago
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the cautious seldom err....C
  • #33,370
  • Mar 21, 2014 6:40am Mar 21, 2014 6:40am
Quoting hugecat
{quote} Bizzzle, do you think it's a good setup for EU? {image}
Sorry mate I am not near my computer, yes I love these set-ups, nice pullback with the TDI
Give yourself a chance and trade it like it's layed out...
  • #33,371
  • Mar 21, 2014 7:32am Mar 21, 2014 7:32am
Quoting thinkpad123
I am getting a lot of PMs from last some days regarding cave manager settings , So i thought of sharing what works best for me here in the thread. I have tested different settings and found these best for cave manager with tms 4 hourly. Use these settings and see the results for two weeks, you will be amazed by the results. Turn off everything except the following Tp 1st batch lot percentage= 40 percent tp 2nd batch lot percentage=30 percent tp 3rd batch lot percentage= 30 percent Tp 1st batch pips= 30 Tp 2nd batch pips= 50 Tp 3rd batch pips = 100...
Thank you thinkpad123 for kindly downloading the fxtp..I Need some help can anyone advise me how I utilize the file, I have downloaded Cave Manager but am at a loss as to how to incorporate the fxtp.. please help
  • #33,372
  • Mar 21, 2014 7:34am Mar 21, 2014 7:34am
Quoting as33156
{quote} Well done Dano! Your in beastmode! Drinks on you today at happy hour {image}
Thanks You guys got me on the right track using the 4 hr and then dropping down to the1 hr for the trade
Trade what you see .
  • #33,373
  • Mar 21, 2014 7:47am Mar 21, 2014 7:47am
USDCAD makes a sudden fall and hit TP +50 pips. I entered after price broke lower from the consolidation box.

That's it for me! I'm closing my other 2 position, EJ @-20 and USDSGD @BE since I already reached my goal of the week Happy weekend everyone!
Attached Image (click to enlarge)
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Attached Image
Everything you can imagine, is real - Pablo Picasso
  • #33,374
  • Mar 21, 2014 7:49am Mar 21, 2014 7:49am
Quoting Direwolf
USDCAD makes a sudden fall and hit TP +50 pips. I entered after price broke lower from the consolidation box. {image} {image}

Congrats man! The universe loves you!
MAY THE PIPS BE WITH YOU!
  • #33,375
  • Mar 21, 2014 7:55am Mar 21, 2014 7:55am
Big thanks to you as3 for lifting our spirits and showing us the way!
Everything you can imagine, is real - Pablo Picasso
  • #33,376
  • Mar 21, 2014 7:57am Mar 21, 2014 7:57am
Just closed USD/CAD trade after collecting 49 pips.
  • #33,377
  • Mar 21, 2014 8:00am Mar 21, 2014 8:00am
Quoting Direwolf
USDCAD makes a sudden fall and hit TP +50 pips. I entered after price broke lower from the consolidation box. That's it for me! I'm closing my other 2 position, EJ @-20 and USDSGD @BE since I already reached my goal of the week Happy weekend everyone! {image} {image}
I was short here at 1.1240 BE (based on the TDI) then chickened out as who knows what way it would go with the news. New to this (just loaded MT4 and the indicator) and just gave up 65pips! Its rebounding from the 38.2 fib already.
  • #33,378
  • Mar 21, 2014 8:01am Mar 21, 2014 8:01am
Quoting Direwolf
USDCAD makes a sudden fall and hit TP +50 pips. I entered after price broke lower from the consolidation box. That's it for me! I'm closing my other 2 position, EJ @-20 and USDSGD @BE since I already reached my goal of the week Happy weekend everyone! {image} {image}
That was cad news
Trade what you see .
  • #33,379
  • Mar 21, 2014 8:08am Mar 21, 2014 8:08am
Quoting thinkpad123
{quote} I am also having an eye on it, i posted following chart yesterday too, your analyses gave me more confidence to jump in once i see a good setup {image}

Hi T123,

Here I did a quickie M15 scalp entry help by the positive Canadian news.
Will be back next week to see how the continuation will be as the H4 TDI is looking good. Need to confirm the D chart on Monday.


Attached Image (click to enlarge)
Click to Enlarge Name: CADJPY 21 Mar M15 PAc enrty.png Size: 61 KB


regards,

EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #33,380
  • Mar 21, 2014 8:19am Mar 21, 2014 8:19am
Hi Folks,

Looks like many of you are having a good trading Friday making good pips. welldone.

Looking at USDCAD in different broker with different server times, the TDI do give different condition.
See charts below.
Trading TMS with different brokers you will have different results. Anyone with other view and opinion?

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD 21 Mar diff server time.png Size: 51 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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