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Trading Made Simple

  • #42,261
  • Oct 14, 2014 10:06pm Oct 14, 2014 10:06pm
Quoting snarlyjack
Hello Everyone, especially Emmanuel & X-Man, Just wanted to pop in & say Hi to everyone. I'm still trading live and doing quite good. TMS is the system that Eelfranz first taught me in 2008 and I still use it. I also use Synergy along with Price Action. The main indicator is the TDI and learning how to trade. I wanted to give everyone encouragement in trading. Imho, if you stick with it & keep learning you'll do just fine. It's a time process & the more you learn the better. You have to learn to be street smart & keep plugging away at it. It takes...
Thanks for poping in and encouraging us
Sad i'm not trying to understand PA
  • #42,262
  • Oct 15, 2014 12:04am Oct 15, 2014 12:04am
Quoting snarlyjack
Hello Everyone, especially Emmanuel & X-Man, Just wanted to pop in & say Hi to everyone. I'm still trading live and doing quite good. TMS is the system that Eelfranz first taught me in 2008 and I still use it. I also use Synergy along with Price Action. The main indicator is the TDI and learning how to trade. I wanted to give everyone encouragement in trading. Imho, if you stick with it & keep learning you'll do just fine. It's a time process & the more you learn the better. You have to learn to be street smart & keep plugging away at it. It takes...

Hi snarlyjack,

Such a wonderful surprise that a pioneer member in eelfranz' team pop in and assure us that this simple trading method still work.

Thank you for your kinds words. I am here to pay forward what what I learned from all the pioneer TMS traders and hope that what I share here will help new traders learn to trade and to trade TMS with a shorter learning curve.
TMS is indeed one of the best trading methods in Forex Factory and will continue to be. Experience traders will from time to time tweak a little here and there, but the core of this method remains the same with the TDI and the APB/HA.

Good to see you here again and look forward to more posts from you.

Kind regards,

Emmanuel
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #42,263
  • Edited 12:19am Oct 15, 2014 12:08am | Edited 12:19am
Quoting omonisha
{quote} Excellent trade Big EMU...I see EJ has just gone pass the MN pullback candle..Short short and short

Thanks Omonisha.

Looking at EJ H1 chart now after many hours passed, it went into narrowing range consolidation.
Potential for the next move today with the narrowing triangle pattern.
On H4, some may see a Master candle and that is a potential breakout trade.
Those on H1 may find a trade much earlier today.

I am sure TheScorpS sees this too.

Trade Well.
Attached Image (click to enlarge)
Click to Enlarge Name: EJ example of abcde 5-wave.png Size: 41 KB

Edit: forgot to mention, that TDI 'Golden Cross'...seen on H1 chart above.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #42,264
  • Edited 12:56am Oct 15, 2014 12:16am | Edited 12:56am
Quoting reeeen4
{quote} Hi Emmanual, I am very interested in this trade, I myself am wanting to trade on the daily chart but find Im too impatient. Could you maybe post some daily commentary on this trade if possible? I'm interested to hear your thoughts on your process of staying in this trade and when you find it time to exit.

Hi reeen4,

Trading the D chart give us plenty of time in between the day for doing our other things in my daily life and fit my lifestyle. I have the option to look at my charts every 4-hour interval, if I missed one 4-hour interval it is no big deal and come back the next 4-hour interval or at anytime in between.
I only trade H1 intraday for w few hours during the day. When I want to trade in the fast lane, I can scalp using TMS in M15/M5 timeframe to. One simple trading method and many different style to trade.

Looking at GBPNZD today, H4 may show an opportunity to join in the market or for adding position.
Be patient, wait...

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #42,265
  • Oct 15, 2014 12:23am Oct 15, 2014 12:23am
Quoting emmanuel7788
{quote} Trade update, scale-out 50% and BE remaining pos. {image}
This EJ H1 trade closed. +20 by THV CaveManager and manual closed +80pips when APB/HA changed colour after that H1 Inside Bar.

Attached Image
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #42,266
  • Oct 15, 2014 12:25am Oct 15, 2014 12:25am
Quoting emmanuel7788
{quote} Thanks Omonisha. Looking at EJ H1 chart now after many hours passed, it went into narrowing range consolidation. Potential for the next move today with the narrowing triangle pattern. On H4, some may see a Master candle and that is a potential breakout trade. Those on H1 may find a trade much earlier today. I am sure TheScorpS sees this too. Trade Well. {image} Edit: forgot to mention, that TDI 'Golden Cross'...seen on H1 chart above.
hello emmanuel I almost put a long trade over there on U/J and E/J but before i go in i check the 15m tf and i got the TDI is almost crossing down so i cancel my decision and after seeing your post now i know there is a pattern over there...just want to say thank you for your explanation cause im still a new trader who is going live with a micro lot.
  • #42,267
  • Oct 15, 2014 12:36am Oct 15, 2014 12:36am
CADJPY..50%cashed
Attached Image (click to enlarge)
Click to Enlarge Name: 2014-10-15_9-00-33CADJPY.png Size: 34 KB
Sad i'm not trying to understand PA
  • #42,268
  • Oct 15, 2014 1:11am Oct 15, 2014 1:11am
Quoting emmanuel7788
{quote} Thanks Omonisha. Looking at EJ H1 chart now after many hours passed, it went into narrowing range consolidation. Potential for the next move today with the narrowing triangle pattern. On H4, some may see a Master candle and that is a potential breakout trade. Those on H1 may find a trade much earlier today. I am sure TheScorpS sees this too. Trade Well. {image} Edit: forgot to mention, that TDI 'Golden Cross'...seen on H1 chart above.
Definitely a nice chart with wave principle, these corrections are very good to trade once a trader knows how to do that, a potential breakout is on the run, so yeah watching that closely as well as EA

EJ and EA has been moving into opposite direction for some days now, just waiting until both get together

Thanks for sharing this chart, please whenever you find one, a correction triangles forming show us, its a really good learning process

Not sure if I drawn that correctly tho, still new to this concept
Attached Image (click to enlarge)
Click to Enlarge Name: EA_H1.jpg Size: 134 KB
I Have Learned to Take Some Losses to Make Profits
  • #42,269
  • Oct 15, 2014 1:19am Oct 15, 2014 1:19am
EURJPY 15 Oct H1 trade Frankie hour.

My first trade today with +20pips.
Now waiting for further move up to +25pips then THV CM will BE the remaing position.

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY 15 Oct H1 trade FO.png Size: 24 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #42,270
  • Oct 15, 2014 1:23am Oct 15, 2014 1:23am
Hi Emmanuel,

where can I find the indicator which marks the candle bar with number 2.

Regards
  • #42,271
  • Oct 15, 2014 1:26am Oct 15, 2014 1:26am
Quoting dennis4u15
Hi Emmanuel, where can I find the indicator which marks the candle bar with number 2. Regards

Hi Dennis,

That;s an inside bar indicator. Posted before. Let me look ... and post later.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #42,272
  • Oct 15, 2014 1:30am Oct 15, 2014 1:30am
TMS M15 chart trading.
For those of you who like to trade in the fast lane using M15 chart TF,
here is one trade example I posted in the M15 LE1 thread.

http://www.forexfactory.com/showthre...35#post7801435

Visit there when you have time.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #42,273
  • Oct 15, 2014 1:50am Oct 15, 2014 1:50am
Quoting emmanuel7788
EURJPY 15 Oct H1 trade Frankie hour. My first trade today with +20pips. Now waiting for further move up to +25pips then THV CM will BE the remaing position. {image}
hello emmanuel im a newbie in cave manager can you explain how to use it and how to install it?did I just copy it to the metatrader indicators or expert advisor?
and what function does cave manager gave you?is it used to manage our account money?and how does it work...regards vayz
  • #42,274
  • Oct 15, 2014 1:53am Oct 15, 2014 1:53am
sometimes I wish I was not at my desk too often... out of EA short for 45 green before it hit my original PT of 50 (should paint my nails or do something to keep my hands away from my mouse ). anyway happy with 45 green minus 23 red at Tok
Attached Image (click to enlarge)
Click to Enlarge Name: EA H1 short Wed 15.10.14 (Asia) exit FO +45.png Size: 18 KB
Appreciation is the key to wealth and happiness
  • #42,275
  • Oct 15, 2014 1:58am Oct 15, 2014 1:58am
Quoting snarlyjack
Hello Everyone, especially Emmanuel & X-Man, Just wanted to pop in & say Hi to everyone. I'm still trading live and doing quite good. TMS is the system that Eelfranz first taught me in 2008 and I still use it. I also use Synergy along with Price Action. The main indicator is the TDI and learning how to trade. I wanted to give everyone encouragement in trading. Imho, if you stick with it & keep learning you'll do just fine. It's a time process & the more you learn the better. You have to learn to be street smart & keep plugging away at it. It takes...
Very good advice buddy
I totally agree with that .
Never give up and it will come to you.
especially with the TDI
X-man the legendary conqueror of markets
  • #42,276
  • Oct 15, 2014 2:20am Oct 15, 2014 2:20am
Quoting likica
sometimes I wish I was not at my desk too often... out of EA short for 45 green before it hit my original PT of 50 (should paint my nails or do something to keep my hands away from my mouse ). anyway happy with 45 green minus 23 red at Tok {image}
Right, good trade after all, now you have a plan, right? Do it next time
I Have Learned to Take Some Losses to Make Profits
  • #42,277
  • Oct 15, 2014 2:39am Oct 15, 2014 2:39am
Followup on EJ H1 post#42,266

Daily is oversold and confirmed with the TDI and 135.800 area holds as support on daily.

Attached Image (click to enlarge)
Click to Enlarge Name: EJ Fib 61.8 Retrace 151014.png Size: 294 KB


Moreover,
Swing high from 8th October to swing low on 14th October does show 38.2 retrace on current PA at 136.133
Swing high from 8th October to swing low on 13th October does gave a 38.2 retrace on PA at 136.449 (Green cross red and MBL below 50), see on your charts where the take profits ran on that PA.

Kindest Regards
  • #42,278
  • Oct 15, 2014 2:45am Oct 15, 2014 2:45am
Quoting TheScorpS
{quote} Right, good trade after all, now you have a plan, right? Do it next time
Thanks for your encouragement ScorpS. I am learning everyday from you guys....
Appreciation is the key to wealth and happiness
  • #42,279
  • Oct 15, 2014 3:23am Oct 15, 2014 3:23am
GA H1 Sell Trade

Attached Image (click to enlarge)
Click to Enlarge Name: GA H1 Sell Trade closed 151014.png Size: 300 KB


Will be back in 6 hours.

Kindest Regards
  • #42,280
  • Oct 15, 2014 3:51am Oct 15, 2014 3:51am
Stopped out at BE on EA H1.

Took long entry on a break of the third leg of the PCRF and price making a rejection of the 200MA.

Price moved 29 pips in my favour and then drew back to hit my SL at BE.

Now waiting to see what PA does next.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 22 KB
Attached Image
Focus on the process and the profits will follow
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