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Trading Made Simple

  • #42,621
  • Oct 22, 2014 11:00am Oct 22, 2014 11:00am
Quoting TheScorpS
Lots of good trades on TMS today which is amazing , I as well took part of the fun with +50 on GJ and left another 50 , could not manage the trade so kept it as its even tho I had in a predetermined level to watch which was hit with 1 candle Lickica, to me still its very difficult to trade at those times, I don't normally follow cad pairs , but seen it dozen of times, that major news will follow trend or medium term trend, also on H4 EMA 10 hit it hard as resistance Omonisha, I really need to understand how you draw those supply and demand zones,...
This is the one i am using. I too use Synergy mod. Yes they are little different than real one
Attached File(s)
File Type: ex4 FREE_ATM_Support_Resistance_I.ex4   28 KB | 667 downloads
Sad i'm not trying to understand PA
  • #42,622
  • Oct 22, 2014 11:21am Oct 22, 2014 11:21am
Quoting TheScorpS
To TMS trades that use Forex Tester 2, I just got mine, there's no better than hard working and back-testing to learn your setup and everything abut PA and TMS as well as TDI Now do you guys found Synergy APB candles the same as we use here in TMS, what I found over the forum in FX2 is that the modified version of APB candles are a bit different than real Synergy APB candles , so anyone on that issue? Thanks and hope I can find a solution Regards
Hi The Scorps!

You can try this indicator it may be help you a lot (Use TF H1) also check reaction prices on every support and resistances areas!
Attached File(s)
File Type: ex4 FiboPiv_v3.ex4   23 KB | 469 downloads
File Type: mq4 FiboPiv_v3.mq4   5 KB | 559 downloads
  • #42,623
  • Oct 22, 2014 11:46am Oct 22, 2014 11:46am
Quoting TheScorpS
To TMS trades that use Forex Tester 2, I just got mine, there's no better than hard working and back-testing to learn your setup and everything abut PA and TMS as well as TDI Now do you guys found Synergy APB candles the same as we use here in TMS, what I found over the forum in FX2 is that the modified version of APB candles are a bit different than real Synergy APB candles , so anyone on that issue? Thanks and hope I can find a solution Regards
Hi Scorps , Can you please tell me where to get Forex Tester 2, I am very interested in backtesting , I have done some and know I have benefited from doing it , so want to improve , as always .I have learned a lot from you already also Lasting Well and Emmanuel , of course . I did Ok today ,only one real stoopid trade which cost me 10 pips , pity 'cos I should have got about +90 pips -- but +80 is good for me .
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
Click to Enlarge Name: gu 22 100.png Size: 34 KB
  • #42,624
  • Oct 22, 2014 11:49am Oct 22, 2014 11:49am
Quoting robuk
{quote} Hi Scorps , Can you please tell me where to get Forex Tester 2, I am very interested in backtesting , I have done some and know I have benefited from doing it , so want to improve , as always .I have learned a lot from you already also Lasting Well and Emmanuel , of course . I did Ok today ,only one real stoopid trade which cost me 10 pips , pity 'cos I should have got about +90 pips -- but +80 is good for me . {image}{image}
well those are nice trades , very good and well executed, don't worry about that 10 pips, its just the way business, but I can tell you that I would take that -10 as good management of cutting losers short, very well

Check your pm
I Have Learned to Take Some Losses to Make Profits
  • #42,625
  • Oct 22, 2014 11:51am Oct 22, 2014 11:51am
Quoting cchersia
{quote} Hi The Scorps! You can try this indicator it may be help you a lot (Use TF H1) also check reaction prices on every support and resistances areas! {file} {file}
Thanks a lot, will check those as well

Omonishea , check you pm as well, need to confirm with you about the tester , thanks
I Have Learned to Take Some Losses to Make Profits
  • #42,626
  • Oct 22, 2014 12:01pm Oct 22, 2014 12:01pm
Quoting TheScorpS
{quote} well those are nice trades , very good and well executed, don't worry about that 10 pips, its just the way business, but I can tell you that I would take that -10 as good management of cutting losers short, very well Check your pm
Thanks very much . I wasn't too upset by the 10 pip loss -- it was the fact that I broke my rule , the loss will teach me not to (I hope ) !!
Also I asked about the Forex Tester 2 ? if you can point me in the right direction I'll be obliged .
  • #42,627
  • Oct 22, 2014 12:07pm Oct 22, 2014 12:07pm
Quoting lastingwell
Took the GJ short on H1 this morning, but had to go to my dads until now so I knew I probably wouldn't be able to monitor it on the hour so set a 100 pip tp and only a 30 pip trailing stop and luckily it didn't hit the stop before hitting the take profit {image} {image}
Nice trading mate

Will be back next we to join you all again
Give yourself a chance and trade it like it's layed out...
  • #42,628
  • Oct 22, 2014 12:10pm Oct 22, 2014 12:10pm
I see everyone is grabbing pips and doing well...

It's been a while but I have decided I will join you all again
Give yourself a chance and trade it like it's layed out...
  • #42,629
  • Oct 22, 2014 12:17pm Oct 22, 2014 12:17pm
Quoting Ballistical
{quote} Thank you for the analysis Manoj. I really seem to be struggling this week. Took entry short this morning once LO appeared to set the high of the session. Price seems to be stalling around yesterdays support so I'm monitoring it closely {image}
This really is not my week

I set Cavemanager earlier in the week to move my SL to BE+3 (3 pip buffer to cover spread) after PA moves 20 pips in my favour.

Shooting for 50 pips, the 3 pip buffer cost me today's trade
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 31 KB
Focus on the process and the profits will follow
  • #42,630
  • Oct 22, 2014 12:28pm Oct 22, 2014 12:28pm
Quoting robuk
{quote} Thanks very much . I wasn't too upset by the 10 pip loss -- it was the fact that I broke my rule , the loss will teach me not to (I hope ) !! Also I asked about the Forex Tester 2 ? if you can point me in the right direction I'll be obliged .
I have sent you a private message , please check your inbox for the details , thanks
I Have Learned to Take Some Losses to Make Profits
  • #42,631
  • Oct 22, 2014 12:38pm Oct 22, 2014 12:38pm
Quoting TheScorpS
{quote} I have sent you a private message , please check your inbox for the details , thanks
OK , will do -- and Thanks
  • #42,632
  • Oct 22, 2014 12:43pm Oct 22, 2014 12:43pm
Quoting lastingwell
{quote} It's only used by the tdi-mtf that I use so it has to be in the indicators folder.
Ok thanks.
  • #42,633
  • Oct 22, 2014 1:04pm Oct 22, 2014 1:04pm
Stopped out be
Attached Image (click to enlarge)
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Trade what you see .
  • #42,634
  • Oct 22, 2014 1:17pm Oct 22, 2014 1:17pm
Quoting TheScorpS
Lots of good trades on TMS today which is amazing , I as well took part of the fun with +50 on GJ and left another 50 , could not manage the trade so kept it as its even tho I had in a predetermined level to watch which was hit with 1 candle Lickica, to me still its very difficult to trade at those times, I don't normally follow cad pairs , but seen it dozen of times, that major news will follow trend or medium term trend, also on H4 EMA 10 hit it hard as resistance Omonisha, I really need to understand how you draw those supply and demand zones,...

Hi TSS,

Yes, plenty of trade opportunuties for TMS when market is trending. TMS works best in trending market and sideways wide raneg market types.
Anyway it is October month, many things can happen this month so be prepared. Capital protection is still priority.

Took this EURCAD 4H swing trade as planned. There was consoldiation at the top where historical resistance is. The Master Breakout was very obvious with the TDI confirming that breakout candle. Just need some patience, discipline to check once every 4-hours when a new H4 candle starts.

Good Trading Everyone.

Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD week 43 MC breakout tradeM.png Size: 25 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #42,635
  • Oct 22, 2014 1:40pm Oct 22, 2014 1:40pm
Quoting omonisha
{quote} Well i always take some profit and let profit run {image}
I LIKE!

this improve your win rate and that is important for trader's self-confidence.
Use THV CaveManager EA feature.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #42,636
  • Oct 22, 2014 1:41pm Oct 22, 2014 1:41pm
Quoting emmanuel7788
{quote} Hi TSS, Yes, plenty of trade opportunuties for TMS when market is trending. TMS works best in trending market and sideways wide raneg market types. Anyway it is October month, many things can happen this month so be prepared. Capital protection is still priority. Took this EURCAD 4H swing trade as planned. There was consoldiation at the top where historical resistance is. The Master Breakout was very obvious with the TDI confirming that breakout candle. Just need some patience, discipline to check once every 4-hours when a new H4 candle...
Awesome !!
  • #42,637
  • Oct 22, 2014 1:48pm Oct 22, 2014 1:48pm
Quoting TheScorpS
To TMS trades that use Forex Tester 2, I just got mine, there's no better than hard working and back-testing to learn your setup and everything abut PA and TMS as well as TDI Now do you guys found Synergy APB candles the same as we use here in TMS, what I found over the forum in FX2 is that the modified version of APB candles are a bit different than real Synergy APB candles , so anyone on that issue? Thanks and hope I can find a solution Regards
Hi TSS,

You can modify the Average Price Bar APB when you have defined your trading system using that. Dean Malone modified the original Heiken Ashi HA to become Synergy APB and call his system Synergy model.
The closing price of the APB is different from that of the HA.
I posted earlier the link to the Synergy APB and the HeikenAshi_DM, both are mq4 files and you can study the codes and make your own modification to how you want the APB close price to show. A small tweak can make a difference to your entry decision and timing.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #42,638
  • Oct 22, 2014 1:57pm Oct 22, 2014 1:57pm
Quoting dano858
Stopped out be {image}

Looks like a dead cat bounce situation. Try catch sell!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #42,639
  • Oct 22, 2014 2:03pm Oct 22, 2014 2:03pm
Here are some trades from today using Range Bars...

Its very good for you scalpers out there but you need a lot of screen time

Best of luck
Attached Image (click to enlarge)
Click to Enlarge Name: EJ Range bar.png Size: 35 KB
Give yourself a chance and trade it like it's layed out...
  • #42,640
  • Oct 22, 2014 2:06pm Oct 22, 2014 2:06pm
Thanks
Quoting emmanuel7788
{quote} Looks like a dead cat bounce situation. Try catch sell!
Trade what you see .
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