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Monitor for 'Trading Made Simple' system 565 replies

Trading Made Simple the right way, and other trading lessons 334 replies

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Trading Made Simple

  • #41,001
  • Sep 11, 2014 5:15am Sep 11, 2014 5:15am
Quoting froglicker
{quote} Sorry, can't remember correctly, but now it looks like it tested the 10EMA. Guess that was my bad. Here's what my EJ H4 shows now. a green bounce. How do i determine if i should take this trade? {image}
Thanks for that, I had on my h4 a bullish engulfing candle, you have a pullback bar, apart from a small bend in the tdi, and a bit of resistance, nothing else on that chart points to a good H1 short.
  • #41,002
  • Sep 11, 2014 5:21am Sep 11, 2014 5:21am
Quoting TheScorpS
{quote} I would rather wait to sell EA , just my opinion, its your call {image}
Because the green/red are above the 68 line? or is there something I'm missing here?

Quoting Arkhambliss
{quote} Probably best to leave it I guess, and only use our monies for higher probabbility trades. Number 1 rule is to preserve capital, not make profits
True that brotha.
  • #41,003
  • Sep 11, 2014 5:43am Sep 11, 2014 5:43am
Quoting reeeen4
Took this trade some time yesterday on a TDI bounce and a cross over on a lower TF. Still in it now and am up almost 500pip {image}

​
"You know what needs to be addressed , completely completely reverse that".
  • #41,004
  • Sep 11, 2014 5:57am Sep 11, 2014 5:57am
Quoting froglicker
{quote} Because the green/red are above the 68 line? or is there something I'm missing here? {quote} True that brotha.
Not this at all, I am following Elliot wave on EA so others can contribute to this situation, but I see that MBL is way at 68 zone
I Have Learned to Take Some Losses to Make Profits
  • #41,005
  • Sep 11, 2014 6:37am Sep 11, 2014 6:37am
Anybody know how can I modify the arrow size of TDI indicator?

Thanks!
  • #41,006
  • Sep 11, 2014 8:52am Sep 11, 2014 8:52am
Hi,

Can someone recommend a good trade manager? I tried Steve Hopwood's MPTM but its a bit too complicated for me. I am now currently studying Phx's eBooks and there is a mention of cave manager. Is that any good? Is there any others I should test out?

Thank you in advance.
  • #41,007
  • Sep 11, 2014 9:29am Sep 11, 2014 9:29am
failed from EJ short during Asia (I forgot to practise my gaming mouse).
collected my green pips from US30 and USoil on London closing on M5 today
Attached Image(s) (click to enlarge)
Click to Enlarge Name: US30 M5 short Thu 11.9.14 - +.png Size: 29 KB
Click to Enlarge Name: Oil M5 sell Thu 11.9.14 LC +.png Size: 28 KB
Appreciation is the key to wealth and happiness
  • #41,008
  • Sep 12, 2014 4:19am Sep 12, 2014 4:19am
How powerful is divergence with the TDI system?

For example right now, GU H1 , triple top divergence to SHORT, with recent double top on TDI H1. But TDI H4 still hasn't step down.

Similarly, GA H1 SHORT, can that be considered TDI divergence, with TDI H1 about to approach down to 68 level, with TDI H4 already stepped down. Plus a pullback candle and price is now below the low of the previous candle.
  • #41,009
  • Sep 12, 2014 7:56am Sep 12, 2014 7:56am
best to post the charts at the time Arkhambliss, then we can all see what you are asking about, all maybe learn something
"You know what needs to be addressed , completely completely reverse that".
  • #41,010
  • Sep 12, 2014 8:51am Sep 12, 2014 8:51am
collected USOil green pips from M5 scalping @London closing time today...
Attached Image (click to enlarge)
Click to Enlarge Name: oil M5 buy Fri 12.9.14 LC +.png Size: 44 KB
Appreciation is the key to wealth and happiness
  • #41,011
  • Edited 9:06am Sep 12, 2014 8:54am | Edited 9:06am
Quoting Arkhambliss
How powerful is divergence with the TDI system? For example right now, GU H1 , triple top divergence to SHORT, with recent double top on TDI H1. But TDI H4 still hasn't step down. Similarly, GA H1 SHORT, can that be considered TDI divergence, with TDI H1 about to approach down to 68 level, with TDI H4 already stepped down. Plus a pullback candle and price is now below the low of the previous candle.
G pairs (GU & GCHF) drove me nut today One s heading north while the other s heading south
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU H1 short Fri 12.9.14 -.png Size: 31 KB
Click to Enlarge Name: GCHF H1 short Fri 12.9.14 in progress.png Size: 44 KB
Appreciation is the key to wealth and happiness
  • #41,012
  • Sep 12, 2014 10:27am Sep 12, 2014 10:27am
Lots of big moves in progress with some great TDI signals on the Day charts - this is my current EUR/AUD trade with 80 pips locked in - will leave this open over the weekend.
Attached Image (click to enlarge)
Click to Enlarge Name: EA 9-12-2014.gif Size: 12 KB
"To live with Passion, it takes Courage and Grace to survive"
  • #41,013
  • Sep 12, 2014 10:44am Sep 12, 2014 10:44am
30 pips on this pair amazing amazing
Attached Image (click to enlarge)
Click to Enlarge Name: 30.png Size: 39 KB
  • #41,014
  • Sep 12, 2014 11:13am Sep 12, 2014 11:13am
finished up today. oil closing for another set of green pips from USoil scalping on M5
Attached Image (click to enlarge)
Click to Enlarge Name: oil M5 buy Fri 12.9.14 LonClose +, sell @OIL close +.png Size: 42 KB
Appreciation is the key to wealth and happiness
  • #41,015
  • Sep 12, 2014 11:27am Sep 12, 2014 11:27am
My bad KMW. I just assumed everyone else was trading at the same time as me haha. Newbie to ForexFactory here.

Yeah Likica, GBP pairs was crazy up and down. Pretty bad day today. Looking at your charts, yYou gave me an idea about having 3 TDI indicators for scalping on M15 though for DAX and USOil. Will test it next week. Thanks.

Question: Which one is better? Dean Malone's TDI indicator or the TMS Watchdog that you have Likica? Can you put bollinger bands on the TMS Watchdog indicator? Thanks.
  • #41,016
  • Sep 12, 2014 11:59am Sep 12, 2014 11:59am
here's the split screen view for H4 / Day / Week
Attached Image (click to enlarge)
Click to Enlarge Name: TDI split screen.gif Size: 95 KB
"To live with Passion, it takes Courage and Grace to survive"
  • #41,017
  • Edited 8:23pm Sep 12, 2014 3:48pm | Edited 8:23pm
Quoting emmanuel7788
{quote} Pipotron, I use the TMS Monitor found int this thread link here: http://www.forexfactory.com/showthread.php?t=303347 It was done by a FF member "arbinka" and it's free. It work just great for the 15 pairs I monitor. Here is a screenshot of those pairs I trade. {image} Trade Well.
hi, Emmanuel:
sorry to bother you with this, but I saw u r using this TMS monitor. Can I ask you how u get it to show more pairs? Right now when I try to add more pairs they don't really show on the monitor. Are those pairs on your screenshots all we can get?

Also there is something about its installation (from the original thread) I don't understand:

'4. Open a chart of your choice and compress it by dragging the mouse left button down on the right side of the chart.'

Can you explain to me what the author meant by this?

Thank you for your time and help!

Shuo
  • #41,018
  • Sep 12, 2014 8:21pm Sep 12, 2014 8:21pm
My template and indicators, use it if you like or u need any of the indicators I use

Its not the indicators that will make a successful trader, but rather ones own self
Attached File(s)
File Type: rar TDI_Indicators & Template.rar   147 KB | 1,687 downloads
I Have Learned to Take Some Losses to Make Profits
  • #41,019
  • Edited 9:48pm Sep 12, 2014 9:28pm | Edited 9:48pm
Look at the power of London open price , if you sell the last 3 days on Gold just at the London open price, you would make load of pips

Now open EA chart on H1 , buy all the London open price of the week just ended

Again open EJ H1 chart, and do the same

I mean just sit relax and almost blindly open trade on a trending market at LO open price, I think by the end of the week you would gain more than you loose, now use all you learnt about TDI and Price Action and apply what I mentioned above

Use H4 to help determine if best to take LO open price, just to add more confirmation to the trade, as you know I use EMA 10 and that also add some extra confirmation to take trades

Saves those chart, open up H4 chart on the same pairs, save them along side and study them , might be of help in future trades

Gold +52

EJ + 30

The yellow lines represents the LO opens and you take the LO candle H1 open price
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURJPY.jpg Size: 367 KB
Click to Enlarge Name: XAUUSD.jpg Size: 364 KB
Click to Enlarge Name: EA_H1.jpg Size: 356 KB
I Have Learned to Take Some Losses to Make Profits
  • #41,020
  • Sep 12, 2014 10:24pm Sep 12, 2014 10:24pm
This weeks trades on EA H1. The first three were posted earlier. Pretty easy trades and a couple of them gave up more pips that I missed but overall, a good week.
Attached Image (click to enlarge)
Click to Enlarge Name: 2014.9.12 ea h1 week.png Size: 77 KB
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