Trading Made Simple

Quoting tryding90

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Hi everyone! I'm new, I'm trying to learn the method. for example I think that usdyen could be a good entry long from the 2nd blue candle. I'm wrong? any suggest? {image}

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Quoting Direwolf

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@mastersm - It's up to you which method you want to filter, ignore, or follow. We all have our preferences. However you can't deny this - that there are experienced traders sharing their thinking process for FREE. Just like picking a good trade man, you have to filter them yourself. There are many, many analysis in this thread that I ignore, too, because they don't fit with how my mind works.

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Quoting Kouroushi

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Hi guys, Thank you for all your help to the beginners with TMS. I went through lots of this thread's pages but I couldn't find any post or pdf that explains all TMS method or methods. Would you please upload it if you have or let me know the post that contains it? It's a Trading Made Simple by the way, why it's so hard to find the system's rules

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Quoting Kouroushi

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Hi guys, Thank you for all your help to the beginners with TMS. I went through lots of this thread's pages but I couldn't find any post or pdf that explains all TMS method or methods. Would you please upload it if you have or let me know the post that contains it? It's a Trading Made Simple by the way, why it's so hard to find the system's rules

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Quoting eelfranz

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Divergence, That was just one of many methods we discussed. Folks were getting confused by mixing up rules from different methods so this thread will only be about the 5 method.

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Quoting eelfranz

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Entries and exits... We Enter a trade when green crosses red on the TDI at the beginning of that candle... If it's candle 3 or more don't enter... find another trade set up. The only exception is if green bounces off red and continues... it's ok to re-enter on the bounce... Exit your trade when the green TDI line goes flat, starts to hook over or makes a check mark reversal. If you add other things it will influence your decisions... usually to your detrament. Don't try to complicate it thinking it can't be this easy. Important to study TDI entries...

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Quoting eelfranz

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I prefer to trade the 4hr charts at night. My broker posts new 4 hr candles at 10pm my time (Pacific), 2am my time and 6am my time. My page when I open up my charts has 8 open charts. I just glance at the TDI for set ups when the new candle opens... If I see a set up... green just crossing red I'll take the trade, turn off the puter and go to bed. Four hours later (1:50am) my alarm goes off for the new candles and I take a peek... if I see a new set up I'll enter and go back to bed with the last alarm at 5:50am my time. I close all trades at that...

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Quoting eelfranz

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Don't contact Dean Malone about the TDI. The way he uses it for his method is 180 degrees from how we use it... you need to learn how to use it our way... The TDI is the heart of our method. It tells you when to enter and where to exit any trades... so review previous posts and learn it good. HA Candles are important because it makes your trading way less stressful... use them. Stoch's is nothing but confirmation. If Stoch's & the TDI give different signals... lights flash off and on warning me to take a closer look before entering.. and usually I look for another trade. 5 ema... shows direction currently... only wanting to enter on candle 1 or two. If there is a reversal do I have a TDI signal to enter... if not and all looks strong then enter on candle 2... use some discretion... practice on Demo... take some chances and see if yor head computer was right... it's free. HA Candles... What are their size? If they are small I will usually go find another set up... Look for consolidation... look for how close PA is to supp/res levels... use your brain ! Believe it or not you have to participate and think... until it's so second nature... there is nothing to it... it's so simple... don't complicate it or you will lose...

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Quoting emmanuel7788

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{quote} Hi Pastecopy, No I did not. I don't trade these EURCHF and GBPCHF pairs so these are not in my watchlist. regards, EMMANUEL

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Quoting Gokay

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Im enter positions only first HA {image} {image} {image} {image} {image} {image} {image} {image} {image}

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Quoting WDays

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{quote} What's with all the indicators Do you really need those?

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Quoting emmanuel7788

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{quote} Hi ElectroNitro, Yes, that's correct. I look for the price retracement on the H1 chart. When the trend is strong, the retracement can be shallow to the Fib 23% and 38%. When we see price retrace deeper to below Fib 50%, we look at the Price Action and attempt an entry. However, when trading the D chart for setups, I will place limit orders using smaller position size. The full risk remains the same at 1% to 2% maximum. Using position sizing and risk percentage model, the maximum risk for the trade remain the same when we have a stop loss...

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Quoting Gokay

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{quote} I'm not sure.... if you want You can check it history I marked the input signals in this template starting 2013/7/02 eurusd h1

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Quoting pastecopy

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{quote} Hi Emmanuel, understandably that EURCHF isn't common for trading due to pegging but could you please share why GBPCHF? Thank you,

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Quoting emmanuel7788

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EURUSD week22 D chart trading 27May. As Tokyo open few minutes ago, I see a D chart trade setup with the TDI in the oversold region 32-level. Price Action wise, it came off historical support and resistance 1.3610 and 1.3644 {image} Trade Well Folks! regards, EMMANUEL

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Quoting yohan_ayala

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{quote} Goodnight EMMANUEL could tell me what your indicator settings HeikenAshi {image}

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