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Trading Made Simple

  • #39,821
  • Jul 12, 2014 10:52am Jul 12, 2014 10:52am
Quoting minortrader
{quote} Thanks for an excellent summary of basics of TMS system(s). Would love to see you post a little bit more frequently in your " TMS for Day Charts" Thread. Warm regards.
Too many distractions at the moment that are eating up my time - I am still trading on the Day charts, but no time to contribute any meaningful posts / discussions :-(
Just started watching the TMS threads again this week to see who is active.
"To live with Passion, it takes Courage and Grace to survive"
  • #39,822
  • Jul 12, 2014 11:23am Jul 12, 2014 11:23am
Quoting jmn5611
{quote} That's true. There is no such thing as the holy grail. But there is a such thing as winning consistently. Since Big E is not here to once again tell people to stop changing things in this unmoderated thread I suppose the experimentation will continue. Consistency will come some day.
Yes, consistency will come some day and I hope you can trade for a living. Tanglewood has just shown some nice crosses where you would not have taken because you follow the rules rigidly and only your trades will be winners. Please don't try to fool us because I know you can't trade. All these chest thumping will get you nowhere. Get a grip and stop fooling yourself. There is more than one way to skin a cat and you think you know the way. Show us your trades when you take them, we don't need to see what you've got in your a/c and looking at it, there is nothing to shout about. Try to be humble and accommodating when others show their trades that went wrong with some using other indicators. Do you know that people who trade the Asia session are the ones who have consistently been making money. Why? because they trade the ranges. So don't go around shouting to others you make money consistently for I know you are not.Find a church nearby
the cautious seldom err....C
  • #39,823
  • Jul 12, 2014 11:30am Jul 12, 2014 11:30am
Quoting pips29
{quote} Yes, consistency will come some day and I hope you can trade for a living. Tanglewood has just shown some nice crosses where you would not have taken because you follow the rules rigidly and only your trades will be winners. Please don't try to fool us because I know you can't trade. All these chest thumping will get you nowhere. Get a grip and stop fooling yourself. There is more than one way to skin a cat and you think you know the way. Show us your trades when you take them, we don't need to see what you've got in your a/c and looking...
That's funny pips, because I have posted complete blotters, have you? I have shown on request that I can grow an account while you are busy re inventing the wheel. I do it the Big E way. But don't worry, I can see clearly that your arrogance will not allow you to take advantage of something that was freely given to you. You have to change it up so it will be made in your image, but the question is, does it make you money? Only a blotter can prove that. You lose way to much for my taste. I will take TMS by Big E any day over this tripe you post.
If you are good at something, never do it for free--Joker
  • #39,824
  • Jul 12, 2014 12:33pm Jul 12, 2014 12:33pm
meanwhile, getting back to the topic of trading as opposed to seeing who has the biggest or the best!

these are current open trades - both trades opened on July 7th as PA left their respective zones and confirmed by TDI crosses.

CAD/JPY TDI is crossing and leaving OverBought region (>68)

ER/JPY is crossing and leaving OverSold region (<32) with MBL close t 32 which usually a good sign that PA will head north and drag the MBL back up to the 50 region. The TDI cross south on the previous day is ignored for 2 reasons - PA heading back to the Demand Zone and TSL is moving higher

SL moved to BE on both trades

For running with two entries per trade (or closing half of your position), TP1 is 1X ATR 7, move SL to BE after TP1 is hit and run with TP2 as a free trade - also review options for adding on to the position as the trend continues.
Attached Image (click to enlarge)
Click to Enlarge Name: current trades 7-12-2014.gif Size: 66 KB
"To live with Passion, it takes Courage and Grace to survive"
  • #39,825
  • Jul 12, 2014 1:16pm Jul 12, 2014 1:16pm
Quoting toledoFX
God, only 1 pip left to hip my TP on EUR/AUD and price stopped and moved another way and hit my SL ... very "nice" ... Didn't set trailing stop, which i always set.
Ouch. Had the same last week, really annoying

As to the last few posts - I subscribed to the thread again, thought the crap will be over by now and I feel it was a mistake. Some things never change (though I hope they will). It's the same thing, just nicks change once in a while.

What do you (people) care if someone makes money or not if you are fighting with them? Even if they show you their account you will probably not believe it anyway. And I bet you'd rather see them fail just to feel better about yourself...

What are you here for? To preach, force people to your own way? Brag, show everyone how great of a trader you are and be the self-proclaimed new OP of some thread? Or to learn in an environment of people doing the same thing, surround yourself with people trying to achieve the same thing?
Any chart which is based on TDI and shows a good entry, retrace and potential % profit is free backtesting for those who care. You can see the price and double check it, you see the time, you see when it consolidated or retraced. You see what YOU want to see, a pity that so many choose to see hate and jealousy, and/or an opportunity to preach.

itsallover and lastingwell. If I could vouch, based on this thread only, the first would go to you two For all the crap here, you were able to keep the thread on the tracks of TDI with what you do instead of force and not get sucked in or gave up. Hope the rest of the vieille garde will join
  • #39,826
  • Jul 12, 2014 1:48pm Jul 12, 2014 1:48pm
Quoting timginter
{quote}Ouch. Had the same last week, really annoying As to the last few posts - I subscribed to the thread again, thought the crap will be over by now and I feel it was a mistake. Some things never change (though I hope they will). It's the same thing, just nicks change once in a while. What do you (people) care if someone makes money or not if you are fighting with them? Even if they show you their account you will probably not believe it anyway. And I bet you'd rather see them fail just to feel better about yourself... What are you here for?...
never understood the in fighting that goes on with FF threads - there is always the "Ignore" option and I have a collection of idiots that have qualified for that status :-)
"To live with Passion, it takes Courage and Grace to survive"
  • #39,827
  • Jul 12, 2014 2:17pm Jul 12, 2014 2:17pm
Quoting Britpip7
{quote} never understood the in fighting that goes on with FF threads - there is always the "Ignore" option and I have a collection of idiots that have qualified for that status :-)
that is simply the best action required. " ignore" and face your charts and trads.

Just a thought!
Born to rule my Economic World and Make a Difference!
  • #39,828
  • Jul 12, 2014 2:55pm Jul 12, 2014 2:55pm
Quoting jmn5611
{quote} Since Big E is not here to once again tell people to stop changing things in this unmoderated thread I suppose the experimentation will continue.

I guess so
http://www.forexfactory.com/showthre...36#post7596436
Small disciplines repeated with consistency lead to great achievements.
  • #39,829
  • Jul 12, 2014 3:40pm Jul 12, 2014 3:40pm
Quoting Tanglewood
{quote} Sure Scorps. First though a bit further explanation. Preferred colour sequence of green, red & yellow I mentioned is the sequence before the red/green cross. Obviously after the cross green would be under red on a short say. The other thing I suggested to 'pivotpower' was that he look for trades where the green, red and yellow were heading in the same direction. That in itself would rule out a lot of trades - some of which turn out to be good trades. Lots of times on a short say, green is over red and red over yellow but yellow is heading...
Personally I would rather use the higher timeframe tdi than watch to see if the mbl is sloping in a certain direction, I've never found that very satisfactory for the way I trade.

If you look at the same chart you have, with the mtf tdi on there, you will see how looking at the mtf tdi helps put you into trades without having to wonder if the mbl is starting to move up or down, but keeps you out of bad trades on the whole, although we have slightly different 4hr candle finishes they are more or less the same signal.

I enter when the h4 has a good signal coupled with if the higher timeframe has a good step either up or down in the right direction, either crossing or nearly crossing green over red. I don't take any trades counter to the higher timeframe tdi if the green and red and spread far apart.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpymh4.png Size: 53 KB
  • #39,830
  • Jul 12, 2014 4:15pm Jul 12, 2014 4:15pm
eelfranz - post 495 and others considering the TDI rules
I'm hoping to get to the 70% winning ratio sometime. Had some losses the other day in what ened up to be a ranging market with lots of fake out TDI signals.
I actually have 3 questions
1- Relative to the time of entering a trade: When a new PA appears and the TDI green line has crossed above the red, do you enter then regarless of the size and shape of the new candle just formed or do you not pay attention to it but the previous candle that has just closed? The reason I ask is because I see the new candles change shape over the 4 hour period of the candle.
2-How do I post a chart?
3-How do I send a private message in this forum or in forexfactory?

I havent see eelfranz post lately so if he's not around much is there anyone else that could help me out on one or all of these issues?

Thanks so much. I'm new to trading forex and to this forum. Trading with the TDI seems like the best thing I've seen though.
  • #39,831
  • Jul 12, 2014 4:25pm Jul 12, 2014 4:25pm
Tanglewood 39814
Thanks for the suggestions. Need all I can get!!
  • #39,832
  • Jul 12, 2014 6:24pm Jul 12, 2014 6:24pm
Quoting pivotpower
eelfranz - post 495 and others considering the TDI rules I'm hoping to get to the 70% winning ratio sometime. Had some losses the other day in what ened up to be a ranging market with lots of fake out TDI signals. I actually have 3 questions 1- Relative to the time of entering a trade: When a new PA appears and the TDI green line has crossed above the red, do you enter then regarless of the size and shape of the new candle just formed or do you not pay attention to it but the previous candle that has just closed? The reason I ask is because I see...
pivot,

EelFranz passed away last year, so a great loss to all of us after all of his teachings

APB / HA needs to change colour at the cross or within the next candle - if the colour changed before the cross then only take the 1st or 2nd candle following this - 3rd candle is too late.

Candle size need to reasonable relative to recent history, this means a good sized body, or a pin bar heading in the right direction

for attaching charts, you first of all need to save the chart you want to post - right click on the chart and "save as picture" - create a folder to save these in that you can easily find later. To post the image - click on "upload from computer" and then select the file from the appropriate folder.
"To live with Passion, it takes Courage and Grace to survive"
  • #39,833
  • Edited 11:44am Jul 13, 2014 11:33am | Edited 11:44am
Whats your guys thoughts on this? EURO/USD - D1 Chart. It looks like a good setup for a short anyone else agree, its testing minor support and looks to head down to the major support level.

also anyone else using the 13,3,3 stoch settings? it follows the chart abit more accurately than the 8,3,3

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 161 KB



Also does anyone have the price channel indicator?
Skype ID - jagpal.kooner1
  • #39,834
  • Jul 13, 2014 11:36am Jul 13, 2014 11:36am
Quoting jagpalsingh
Whats your guys thoughts on this? EURO/USD - D1 Chart. It looks like a good setup for a short anyone else agree, its testing minor support and looks to head down to the major support level.
The only thing I see that doesn't look right is the stochastic is already near the 20 level.
I also heard not to trade against the MBL which looks like its heading up but I'm not too sure about that. (Post 39,788)
  • #39,835
  • Jul 13, 2014 1:32pm Jul 13, 2014 1:32pm
Heres another GBP/USD setup on a D1 chart, anyone looking to take a short on this? next candle coming out 10pm UK time.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 167 KB
Skype ID - jagpal.kooner1
  • #39,836
  • Jul 13, 2014 4:20pm Jul 13, 2014 4:20pm
Quoting jagpalsingh
Whats your guys thoughts on this? EURO/USD - D1 Chart. It looks like a good setup for a short anyone else agree, its testing minor support and looks to head down to the major support level. also anyone else using the 13,3,3 stoch settings? it follows the chart abit more accurately than the 8,3,3 {image} Also does anyone have the price channel indicator?
Not seeing anything on PA for an entry. Waiting for something to break out.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily 7-13-2014.png Size: 56 KB
"To live with Passion, it takes Courage and Grace to survive"
  • #39,837
  • Jul 13, 2014 4:37pm Jul 13, 2014 4:37pm
Quoting jagpalsingh
Heres another GBP/USD setup on a D1 chart, anyone looking to take a short on this? next candle coming out 10pm UK time. {image}
PA coming off of recent resistance, so looks promising
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily 7-13-2014.png Size: 51 KB
"To live with Passion, it takes Courage and Grace to survive"
  • #39,838
  • Jul 13, 2014 4:48pm Jul 13, 2014 4:48pm
Quoting Britpip7
{quote} Not seeing anything on PA for an entry. Waiting for something to break out. {image}

Wow you have a lot of stuff on your chart do you use all that stuff lol. Looks so confusing.


Seen even any good setups you will be taking
Skype ID - jagpal.kooner1
  • #39,839
  • Jul 13, 2014 8:13pm Jul 13, 2014 8:13pm
hey lastingwell

looks like a good setup here for TMS with the mtf daily TDI, to keep you with on-trned trades. can you please elaborate on how long you have been using this setup, and your results with it?

many thanks

Quoting lastingwell
{quote}Personally I would rather use the higher timeframe tdi than watch to see if the mbl is sloping in a certain direction, I've never found that very satisfactory for the way I trade. If you look at the same chart you have, with the mtf tdi on there, you will see how looking at the mtf tdi helps put you into trades without having to wonder if the mbl is starting to move up or down, but keeps you out of bad trades on the whole, although we have slightly different 4hr candle finishes they are more or less the same signal. I enter when the h4 has...
  • #39,840
  • Jul 14, 2014 12:00am Jul 14, 2014 12:00am
aud/jpy is worth watching on day chart
Attached Image (click to enlarge)
Click to Enlarge Name: audjpydaily 7-13-2014.png Size: 46 KB
"To live with Passion, it takes Courage and Grace to survive"
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