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Trading Made Simple

  • #40,581
  • Aug 25, 2014 11:17am Aug 25, 2014 11:17am
Quoting likica
took +19pips and left lots of OIL pips on the table from my short on M5. Didn't get in the long on MT4 after that as I was too busy with Ninja trader. just wanted to share if someone out there trading oil or gold using tms method {image}
I am searching for USD/OIL on peperstone, but coudlnt find it, anyway keep the yellow MA on and learn it and use it to stay and hang on the trend

Now, I have been using Ninja Trader for a year now , do you use it as well ?
I Have Learned to Take Some Losses to Make Profits
  • #40,582
  • Aug 25, 2014 11:18am Aug 25, 2014 11:18am
Hi guys

Quick question. I am on a daily trade where I am up 100 pips going really well and TDi is over 50 but way under the 80 so its completely fine but H1 and H4 are both in the overbought section so they probs will drop down so will the pips on my daily trade. Should I take H1 and H4 signal and close or should i wait until daily chart is in overbought?
Skype ID - jagpal.kooner1
  • #40,583
  • Aug 25, 2014 11:29am Aug 25, 2014 11:29am
Dear TheScorpS, Lastingwell and other seniors, who are keeping this thread alive as well as educating and contributing so very much ....
If we do not add any other indicator, do not consider anything else ... Strictly going by TMS, as outlined by Grand Poopaw ...
Is EA not indicating enough to go Long?
I'm not trying to argue or deduct anybody's expertise as such ...
I'm just trying to educate myself ....
At the end of the day ... we all want wheel barrow .. full of pips and $ ...
Regards and TIA
  • #40,584
  • Aug 25, 2014 11:36am Aug 25, 2014 11:36am
Quoting froglicker
Thanks likicia for the indis! loading them up now. looks good. {image} omonisha if you dont mind, would you kindly point me the way to the indi u have at the bottom right? The one counting the pips? Many thanks!

Here
Attached File(s)
File Type: mq4 pipsometer_decimal_edit_2.mq4   4 KB | 542 downloads
Sad i'm not trying to understand PA
  • #40,585
  • Aug 25, 2014 11:42am Aug 25, 2014 11:42am
Quoting Kmw
{quote} EURAUS, looks like a falling counter trend, time frames h,4h, day, wk, and mth may have been safer to go short. ranging in 5 & 15. Moi lives in aus, heard on local news today (standard and poors?) downgraded the aussie because of the aussie govs slow payment of dept. Must have some effect even though it doesn't appear to have been announced to the markets. Gutsy trade by TheScorps scalping the pullback, dangerous for you wanting to go long, keep your eye on your trade. If it does go south on you get out even before your stoploss. Eelfranz...
Thanks ...
But if AUD is downgraded ... by whoever ... Should not that support EA Long?
TIA
  • #40,586
  • Aug 25, 2014 11:52am Aug 25, 2014 11:52am
Quoting adikashyap
Dear TheScorpS, Lastingwell and other seniors, who are keeping this thread alive as well as educating and contributing so very much .... If we do not add any other indicator, do not consider anything else ... Strictly going by TMS, as outlined by Grand Poopaw ... Is EA not indicating enough to go Long? I'm not trying to argue or deduct anybody's expertise as such ... I'm just trying to educate myself .... At the end of the day ... we all want wheel barrow .. full of pips and $ ... Regards and TIA
This is the plan and the way I am viewing EA at the moment, so as long as you are in positive, keep it going until your exit strategy call for a termination, I see that there are still room until PA reaches broken structure test it and who knows what does it do from there
Attached Image (click to enlarge)
Click to Enlarge Name: EA.jpg Size: 372 KB
I Have Learned to Take Some Losses to Make Profits
  • #40,587
  • Aug 25, 2014 12:08pm Aug 25, 2014 12:08pm
Quoting jagpalsingh
Hi guys Quick question. I am on a daily trade where I am up 100 pips going really well and TDi is over 50 but way under the 80 so its completely fine but H1 and H4 are both in the overbought section so they probs will drop down so will the pips on my daily trade. Should I take H1 and H4 signal and close or should i wait until daily chart is in overbought?

@lastingwell could you help me with my post above please
Skype ID - jagpal.kooner1
  • #40,588
  • Aug 25, 2014 1:06pm Aug 25, 2014 1:06pm
For euro-aud traders, keep in mind aud is driven by great chinese reports, while the euro is taking hits all over the place because of RF sanctions. I wouldn't count on it going uptrend; more like a retrace, like scorps showed on a technical analysis basis.

Be careful and good luck... I'm stuck long on GJ but with a tight-ish SL and small lot, and I'm prepared for a turn around according to my weekly planning.
  • #40,589
  • Aug 25, 2014 1:54pm Aug 25, 2014 1:54pm
Quoting WDays
For euro-aud traders, keep in mind aud is driven by great chinese reports, while the euro is taking hits all over the place because of RF sanctions. I wouldn't count on it going uptrend; more like a retrace, like scorps showed on a technical analysis basis. Be careful and good luck... I'm stuck long on GJ but with a tight-ish SL and small lot, and I'm prepared for a turn around according to my weekly planning.
Thanks again and this is how I view GJ at the moment

Good luck
Attached Image (click to enlarge)
Click to Enlarge Name: GJ.jpg Size: 355 KB
I Have Learned to Take Some Losses to Make Profits
  • #40,590
  • Aug 25, 2014 4:37pm Aug 25, 2014 4:37pm
Quoting adikashyap
Dear TheScorpS, Lastingwell and other seniors, who are keeping this thread alive as well as educating and contributing so very much .... If we do not add any other indicator, do not consider anything else ... Strictly going by TMS, as outlined by Grand Poopaw ... Is EA not indicating enough to go Long? I'm not trying to argue or deduct anybody's expertise as such ... I'm just trying to educate myself .... At the end of the day ... we all want wheel barrow .. full of pips and $ ... Regards and TIA
If you strictly go by eelfranz then you would have gone in long when the h4 bar opened with the tdi at a good cross and come out when the tdi opened flat or showing a check mark reversal which on my chart was about 2 hours ago.
  • #40,591
  • Aug 25, 2014 4:43pm Aug 25, 2014 4:43pm
Quoting jagpalsingh
{quote} @lastingwell could you help me with my post above please
Sorry just got back again, well done on your 100 pips. Its really difficult to say what the best thing to do is if you are happy with the pips you have then bank them, if you think it could a lot further then leave it until you see the tdi go flat or point down on the open of the new candle. Or you can try both and take half now, move to breakeven with the rest and then see how it goes. It really depends on your tolerance for seeing pips you've made then disappear again, some people can handle that and some can't
  • #40,592
  • Aug 25, 2014 7:36pm Aug 25, 2014 7:36pm
Quoting TheScorpS
{quote} I am searching for USD/OIL on peperstone, but coudlnt find it, anyway keep the yellow MA on and learn it and use it to stay and hang on the trend Now, I have been using Ninja Trader for a year now , do you use it as well ?
I've been using NT trading futures (CL, GC, 6E, 6A, ES) for numbers of years but recently kind of having fun using MT4 with TMS method (spread too high to trade gold and oil on mt4). By the way, thanks for your guide for setting up TDi using RSI, SMA, which I now have it on NT and on my phone too.
Appreciation is the key to wealth and happiness
  • #40,593
  • Aug 25, 2014 7:39pm Aug 25, 2014 7:39pm
Quoting TheScorpS
{quote} I'd rather wait a retest to broken structure and 61.8 fibs retracement and then decide based on PA and TDI to take a trade short Daily already hit the 61.8 retracemernt , which is the same theory as what I am trying to explain on H1 , ie fine tune the trade on H1 and take it on H4 {image}
many thanks TheScorpS. Yeah..., I have to remember to be patient
Appreciation is the key to wealth and happiness
  • #40,594
  • Aug 25, 2014 7:45pm Aug 25, 2014 7:45pm
Quoting omonisha
{quote} Here {file}
Cheers Omonisha,Testing them out soon.Internet quit on me last night, entire area went into an internet blackout.Lucky I didnt have any orders open Anyway, good morning and may the pips come our way!
  • #40,595
  • Aug 25, 2014 8:16pm Aug 25, 2014 8:16pm
Hi,

I was wondering if the TMF repaints historical data, for example on a 4hr time frame, after the candle closes will the subsequent time frames involved the daily and the weekly change that have been recorded in the past?
  • #40,596
  • Aug 25, 2014 8:17pm Aug 25, 2014 8:17pm
First trade on the system, UJPY.
Went into profit at the beginning, will move S/L to B/E +spread at 30pips profit.
The idea is not to make $ yet, just to get a feel of the system. Cheers!
Attached Image (click to enlarge)
Click to Enlarge Name: uj.png Size: 59 KB


Quoting likica
{quote} .... thanks for your guide for setting up TDi using RSI, SMA, which I now have it on NT and on my phone too.
I too am interested in setting up TDI on my phone, would be great to monitor setups to and from my office (2hour commute, the horror!)
  • #40,597
  • Aug 25, 2014 9:26pm Aug 25, 2014 9:26pm
Short UJ on 1H with confirmation on 4H ... 1 hour back ..
Advice please ...
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH1.png Size: 62 KB
  • #40,598
  • Aug 25, 2014 10:16pm Aug 25, 2014 10:16pm
hi, TMS traders out there, what do you use for TDI cross alert?
can anyone well-read recommend an indicator/tool which, if I attach it to one chart, will alert me ( with a sound, pop-up window or something similar) when TDI green is crossing /bouncing off of red for ALL TIMEFRAMES and ALL PAIRS?

Also kindly explain how I should be using it, if possible! Thanks very much in advance!

SHUO
  • #40,599
  • Aug 26, 2014 12:05am Aug 26, 2014 12:05am
Quoting froglicker
First trade on the system, UJPY. Went into profit at the beginning, will move S/L to B/E +spread at 30pips profit. The idea is not to make $ yet, just to get a feel of the system. Cheers! {image} {quote} I too am interested in setting up TDI on my phone, would be great to monitor setups to and from my office (2hour commute, the horror!)
Exited UJ with 13 out of a possible 20 pips, H1 hooked back, chickened out.

Meanwhile on Gold -
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 65 KB

Entry 4 hours ago, ~50pips into profit. TDI looks strong, letting it run.


Edit: - Day1 of TMS, and I'm lovin' it.
  • #40,600
  • Aug 26, 2014 12:10am Aug 26, 2014 12:10am
Quoting zhangshuo
hi, TMS traders out there, what do you use for TDI cross alert? can anyone well-read recommend an indicator/tool which, if I attach it to one chart, will alert me ( with a sound, pop-up window or something similar) when TDI green is crossing /bouncing off of red for ALL TIMEFRAMES and ALL PAIRS? Also kindly explain how I should be using it, if possible! Thanks very much in advance! SHUO
There are a few indicators that will give you an alert when a cross occurs, tms-alerts will do that, and tms watchdog will give you crosses and bounces with the slope value, click on the paperclip at the top of the thread, they have been posted before.
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