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Trading Made Simple

  • #37,481
  • May 14, 2014 11:07am May 14, 2014 11:07am
Quoting Bizzzle
Couple of my trades closed today. Green Crossed Red and Yellow {image} {image}
awesome trades Bizzzle, congrats
If you're going through hell, keep going. Winston Churchill
  • #37,482
  • May 14, 2014 11:52am May 14, 2014 11:52am
Hi all.

This system seems greate. But i downloaded the indiators and template from page 8. Its there a later version of the system? I look at the picture posts from the latest sides and see a greate improvment to the indicators.. Can someone update me a bit?

Thanks

  • #37,483
  • May 14, 2014 12:48pm May 14, 2014 12:48pm
hey guys what is the best way to use the tdi for this system help..
  • #37,484
  • May 14, 2014 12:50pm May 14, 2014 12:50pm
Because of EURAUD H1 moved in the asian session I decided for EURJPY today.

1st trade was a LO fake. I tried against the main trend a long trade, expecting a possible start of a retracement. TDI was moving to the upside on the running candle. But this short trip to the upside had no further momentum and stopped some pips away => -14 pips

2nd trade a nice candle #2 with TDI cross in trend direction => catched the +50 pips target.
Attached Image (click to enlarge)
Click to Enlarge Name: 2014-05-14 19.00 EURJPY H1 - profit.png Size: 146 KB
fxFox (all times in my charts are GMT+1)
  • #37,485
  • May 14, 2014 2:27pm May 14, 2014 2:27pm
Quoting Bizzzle
Couple of my trades closed today. Green Crossed Red and Yellow {image} {image}
Nice trades Do you (or anyone else) use sell stop or buy stop for bounces or crosses?

EDIT:
- AUDJPY short from overbought. Moved SL to BE and I'll let it ride through the Asian session
Attached Image
  • #37,486
  • May 14, 2014 2:44pm May 14, 2014 2:44pm
Quoting Bizzzle
Couple of my trades closed today. Green Crossed Red and Yellow {image} {image}
Very nice trades and results Bizzle. Are you ever concerned about entering shorts around the 32 and longs around the 68 and especially on longer TF's?
Cheers
Per Ardua Ad Astra - Through Adversity To The Stars
  • #37,487
  • May 14, 2014 3:52pm May 14, 2014 3:52pm
Quoting hostwey
This little weak demand or support area is coming under pressure at the moment. Might be of interest to EA fans. {image}
Do you mind sharing your S/D indi?
P.S It draws zones automaticlly ?
  • #37,488
  • May 14, 2014 4:05pm May 14, 2014 4:05pm
Hello all!
I want indicator show trend from all TF in one chart - up & down
Help me, please.
  • #37,489
  • May 14, 2014 4:13pm May 14, 2014 4:13pm
Good trade on GBP / JPY:
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpjpy-h4-ibfx-australia-pty.png Size: 36 KB
Click to Enlarge Name: good trade.png Size: 31 KB
  • #37,490
  • May 14, 2014 4:21pm May 14, 2014 4:21pm
Here I want to show a failed trade on GBP / JPY. I entered because of the good TDI formation and because of a weekly historical resistance.
Please take a look at the chart in the moment when I did the trade and at the chart some hours later. It´s looks really different.

Please feel free to comment

Best regards,

Fx94
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 22.png Size: 29 KB
Click to Enlarge Name: gbpjpy-h1-ibfx-australia-pty.png Size: 32 KB
Click to Enlarge Name: gbpjpy-h1-ibfx-australia-pty-2.png Size: 35 KB
  • #37,491
  • May 14, 2014 4:59pm May 14, 2014 4:59pm
Quoting Flipper58
{quote} Very nice trades and results Bizzle. Are you ever concerned about entering shorts around the 32 and longs around the 68 and especially on longer TF's? Cheers
This is the reason why I targeted 100 pips only. If the trade was higher even near the 68 I would of held then trades longer, an average move can be anything between 200-500 pips on the 4 hour charts.

hope that help
Give yourself a chance and trade it like it's layed out...
  • #37,492
  • Edited 5:12pm May 14, 2014 4:59pm | Edited 5:12pm
I use to see some colleagues talk about market base line. The ultimate market base line when it comes to indicator is the almighty 200EMA. You can apply it to any TF and see how it refines trades. I use it often to collaborate most trades and they are so great. Is there anyone using it with TMS. How do you see it?

So depending on how you analyze your USD/CHF chart...If price is able to penetrate the support at 0.8900-0.8950...we should be paying attention at the 200ema at 0.9000. Some consolidation on the downside before the resumption of the up move.
Attached Image (click to enlarge)
Click to Enlarge Name: usdchfdaily.png Size: 52 KB
  • #37,493
  • May 14, 2014 5:21pm May 14, 2014 5:21pm
Quoting stevepatt
Take a look at the charts below, would anyone be looking to enter the pull back, after a good bearish trend, on the H4 chart? Because I love this setup on H4 and above but it doesn't always comply with TMS rules because the TDI won't have crossed when placing the Stop Order. I don't have the time to watch this on H1 but by placing a Stop Order on H4 I can still trade it and if the market continues going in the direction of the pull back there's no harm done. {image} {image}
Hey Steve,

That is exactly how I am testingthos now. The best times to trade are while I am sleeping, so I place stop orders that anticipate a cross in the direction of the current trend. STill trying to refine my selectivity bu resuts have been better than 50%.

Scott
  • #37,494
  • May 14, 2014 7:02pm May 14, 2014 7:02pm
Quoting Bizzzle
{quote} This is the reason why I targeted 100 pips only. If the trade was higher even near the 68 I would of held then trades longer, an average move can be anything between 200-500 pips on the 4 hour charts. hope that help
Thanks for the reply Bizzzle, it helps.
Per Ardua Ad Astra - Through Adversity To The Stars
  • #37,495
  • May 14, 2014 7:23pm May 14, 2014 7:23pm
Quick update:
- AUDJPY short - H4 cross and H1 bounce, H4 starts to hook. H1 shows another cross... tempting. Closed with +35pips
Attached Image


"Good night" everyone and read you tomorrow
  • #37,496
  • May 14, 2014 7:24pm May 14, 2014 7:24pm
Trade taken on H1 at start of candle after the bearing engulfing candle(highlighted). there were upper wicks on candles before plus double top. Trade at b/e+
Attached Image (click to enlarge)
Click to Enlarge Name: audusdh1.png Size: 60 KB
the cautious seldom err....C
  • #37,497
  • May 14, 2014 7:35pm May 14, 2014 7:35pm
3 tests on the daily trendline
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpydaily.png Size: 75 KB
the cautious seldom err....C
  • #37,498
  • May 14, 2014 7:43pm May 14, 2014 7:43pm
Quoting WDays
{quote} I used M15 to trail my stop above a swing high, unfortunately I may have put it too close, and it got taken out when the last candle moved a bit higher. Otherwise I would never trail either, but it just felt stupid to take 0 pips because price missed my TP by less than 5 pips...
Hello WDays,
Regarding Fractal Trailing; keep in mind that if you use a fractal trailing stop, you want to set the "buffer" to at least a pip or two, to give the vacillation of the trade's heart-beat a little breathing room. And remember, because it is easy to forget this: place the Fractal Trail EA on a chart with the time frame you are playing out your trade. I often place most trades on an M5 chart because I'm looking for dips to enter on... but if it's a longer term trade based on TMS H4 period, I have to remind myself to add an H4 period chart to that profile to PLACE THAT H4 TRADE ON and have the EA manage the fractal trail on THAT chart. Otherwise, the fractal trail EA will do its job on an M5 chart, if that's the chart you placed the trade on because you were looking at a good entry point. It's no fun spending time planning a fantastic trade and placing it, then go to bed after you're sure it hit its BE ...only to wake up the next morning with one pip and see the trade went to the moon.
  • #37,499
  • May 14, 2014 8:11pm May 14, 2014 8:11pm
Hello TMS Tribe,
I wanted to share a technique garnered from 37 years as a pilot that I apply to trading. The first thing I do when I get in an aircraft is fasten my safety harness or belt and thank God I'm still alive somehow, and try my best to stay that way. Then I take out and look at my written pre-flight checklist each and every time. Do I have it memorized? I probably do by now, but the funny thing in life is that you never remember the thing that you forgot to do ...until it's too late.

Nowadays, I sit and trade outside in the garden at my home in rural Bangkok, and in front of me is a big six foot by four foot whiteboard that has my trading checklist with illustrations and written notes. There are also the NEWS events and times for the day of them written in red.

I know we mellow with age, and become friendlier as we get older. Not old, ...just older. And sometimes we naturally forget things a little more often. So whether you are 18 or 108, a checklist is something that just seems to make sense because it assures you, if nothing else, that you didn't forget something, or anything.
  • #37,500
  • May 14, 2014 11:13pm May 14, 2014 11:13pm
Hello All,
I've just changed broker and downloaded their MetaTrader4. I have the TDI-MTF v1.03 ex4 and mq4 in my indicators folder. Unfortunately, where the TDI-MTF should be on the chart is just a blank window. Can anyone please help me or direct me to where on the thread this has been discussed/resolved.
Thanks,
Kan
Thanks for your help, warmth and straight talking Heather.
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