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Trading Made Simple

  • #34,301
  • Mar 29, 2014 7:03pm Mar 29, 2014 7:03pm
Quoting Phx62
{quote} I have no idea why there is a TP line above the SL line unless it has something to do with the CaveManager EA that I use when I open trades. I will be checking with my broker. I checked my account and that trade paid the 126 pips. On that trade, I removed the TP because I was expecting price to continue down to the H4 channel line that I have been using for TP and that line is variable depending on how many candles it takes to reach the line (since the channel is on a +/- 45 degree angle), so there should have been no blue TP line. When...

Phx62,

Just a glitch, I have seen a few of my own.

Attached Image (click to enlarge)
Click to Enlarge Name: just a glitch.png Size: 1.2 MB


Enjoy the weekend.

EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #34,302
  • Mar 29, 2014 8:03pm Mar 29, 2014 8:03pm
Yesterday MT$ was auto updated to ver 625, hopefully that might fix some of the bugs in ver610
  • #34,303
  • Mar 29, 2014 8:36pm Mar 29, 2014 8:36pm
Quoting Phx62
This weeks EA H1 trades (some of the first ones were posted earlier this week). All trades taken according to my trading plan with the H4 channel pointing out TP points. Overall a good week.{image}
On 26 - 03 - 2014 trade , the entry is taken on the break of consolidation candles, what rule do you follow in this scenario, is it 5 pips below consolidation for entry?

At least we can have a chat with you sir over the weekend , many thanks
I Have Learned to Take Some Losses to Make Profits
  • #34,304
  • Mar 30, 2014 12:01am Mar 30, 2014 12:01am
Quoting TheScorpS
{quote} On 26 - 03 - 2014 trade , the entry is taken on the break of consolidation candles, what rule do you follow in this scenario, is it 5 pips below consolidation for entry? At least we can have a chat with you sir over the weekend , many thanks
I normally try to enter on a break below the consolidation but if price is moving quickly, I sometimes don't get an entry for 5 to 10 pips into the trade. On that trade, the green TDI had separated from the red at the open of that candle but I waited to be sure price would break below the low of the consolidation. Many pips to you......
  • #34,305
  • Mar 30, 2014 12:11am Mar 30, 2014 12:11am
Quoting Phx62
{quote} So quick to jump to conclusions but you are entitled to your opinion. I'll just keep that retirement account growing.
You don't need to explain yourself

Looking at your past trades, your method works over and over and over again
  • #34,306
  • Mar 30, 2014 2:49am Mar 30, 2014 2:49am
I was just going through the Craig Harris Stochastics Method thread and found it interesting that how TMS has been evolved. I was under impression that angle that BIG E has discussed in this thread is angle between red and green tdi, However after reading BIG E's post on Craig Harris Stochastics Method, I realized that angle that has been discussed by BIG E is between green line and vertical line.
  • #34,307
  • Mar 30, 2014 2:51am Mar 30, 2014 2:51am
Quoting Direwolf
{quote} Well said Manoj! Psychology wise, I think the only way to improve is to do live trade. That's what happened to me, very positive result on demo for 6 months, but on my first month of live trading I started doing things I shouldn't: chasing trades, guessing the market, enter random trades, the list goes on and on. It's unbelievable how much having real money on the line can affect how you behave.
  • #34,308
  • Mar 30, 2014 4:32am Mar 30, 2014 4:32am
Phx62

I would like to ask you if you know any thread that have discussed the London and New York Breakout box, I would like to know in what way they can help us to trade

I just need more information about the idea behind them and and to incorporate that into back testing and later into the trade plan , thanks
I Have Learned to Take Some Losses to Make Profits
  • #34,309
  • Mar 30, 2014 6:29am Mar 30, 2014 6:29am
http://www.stevehopwoodforex.com/php...=89034&e=89034

One can download new build compatible mptm from above link.
  • #34,310
  • Mar 30, 2014 9:30am Mar 30, 2014 9:30am
Quoting emmanuel7788
Here is a TOK_5H breakout trade example using EJ Same way how we use the TDI, APB and the PAC. And a few basic trading rules you have to think of and follow. look at the chart below. {image}
Hi Emmanuel,
What is the name of the indicator you are using and gives you the white box and pip quantity in it?

Thanks
Mike
Failure, is a wonderful teacher!
  • #34,311
  • Mar 30, 2014 2:15pm Mar 30, 2014 2:15pm
Very quite day



Attached Image
Attached Image
Sad i'm not trying to understand PA
  • #34,312
  • Mar 30, 2014 2:38pm Mar 30, 2014 2:38pm
Its 12:40pm here and i am going to sleep. You must be on other side of globe.
  • #34,313
  • Mar 30, 2014 2:39pm Mar 30, 2014 2:39pm
Edit : 12:40am
  • #34,314
  • Edited 4:50pm Mar 30, 2014 4:39pm | Edited 4:50pm
Quoting Phx62
This weeks EA H1 trades (some of the first ones were posted earlier this week). All trades taken according to my trading plan with the H4 channel pointing out TP points. Overall a good week.{image}
Hi phx62,

amazing trades - like a standard solution as allways.

I've got a question about your trade on 27th. You sometimes stay in a trade even when APBs change color - so at the 27th. What did you prevent to exit at the 2 blue candles with a TDI upcross before the downtrend continued? I would have exited at that situation instead - looking at monday's countertrend move in the evening.

fxfox
fxFox (all times in my charts are GMT+1)
  • #34,315
  • Mar 30, 2014 5:05pm Mar 30, 2014 5:05pm
Well today starts a brand new week. Last week was a total bust for me. I ended the week with only 65 pips in profit lol. I miss some trades and took some bad ones when trying to predict AUD's plummet at the right time. It was in pure beast mode

Onward & Upward!
MAY THE PIPS BE WITH YOU!
  • #34,316
  • Mar 30, 2014 5:34pm Mar 30, 2014 5:34pm
Quoting mike1349
{quote} Hi Emmanuel, What is the name of the indicator you are using and gives you the white box and pip quantity in it? Thanks Mike
Mike here you go, I believe this might help you.

Attached Image (click to enlarge)
Click to Enlarge Name: Asian session Indicator.png Size: 213 KB

Attached File(s)
File Type: ex4 Sessions-Asian.ex4   13 KB | 434 downloads

Attached File(s)
File Type: mq4 Sessions-Asian.mq4   10 KB | 487 downloads


Regards
  • #34,317
  • Mar 30, 2014 5:59pm Mar 30, 2014 5:59pm
Here is my first week stats trading TMS (DEMO)

16 Trades (Used D1, H4, and H1) for entries
9 losers
4 BE
3 winners

Net pips (after spreads) +87.6

I made up all my missteps with one trade Short USDCAD off the D1 which I held from Tue 1510GMT till 1447GMT Friday (169.4pips)

I think less is more. 2 other trades were D1. One BE One -36

Comments/Critiques welcome and requested...

Thanks! Scott
  • #34,318
  • Mar 30, 2014 6:04pm Mar 30, 2014 6:04pm
Quoting as33156
Well today starts a brand new week. Last week was a total bust for me. I ended the week with only 65 pips in profit lol. I miss some trades and took some bad ones when trying to predict AUD's plummet at the right time. It was in pure beast mode Onward & Upward!
We'll make pips together this week as3!
Everything you can imagine, is real - Pablo Picasso
  • #34,319
  • Mar 30, 2014 6:07pm Mar 30, 2014 6:07pm
Quoting Direwolf
{quote} We'll make pips together this week as3!

Indeed we will
MAY THE PIPS BE WITH YOU!
  • #34,320
  • Mar 30, 2014 6:58pm Mar 30, 2014 6:58pm
Quoting fxFox.mb
{quote} Hi phx62, amazing trades - like a standard solution as allways. I've got a question about your trade on 27th. You sometimes stay in a trade even when APBs change color - so at the 27th. What did you prevent to exit at the 2 blue candles with a TDI upcross before the downtrend continued? I would have exited at that situation instead - looking at monday's countertrend move in the evening. fxfox
I had three "Delivery Team Meetings" that morning, with all the delivery employees in our business, and was away from my computer for a couple of hours. I had already set the SL to 8 pips above the LO candle and was pleasantly surprised when price reversed and hit my 100 TP. Sometimes it better to be lucky than good.
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