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Trading Made Simple

  • #43,501
  • Nov 10, 2014 7:17am Nov 10, 2014 7:17am
Quoting TheScorpS
{quote} Sorry to hear about your loss Have been as well following this thread for the last 2 years, learnt almost dread lots of information from here, specially Big E ,Phx62, and Emmanuel books, what I learnt from this time is that every trader view the market differently in sense of using his own way and incorporate that with TMS, thats why there are varieties of thoughts regarding TMS, that's fine since human nature , and our minds work in this sense , I was in that shoe but found my way easily with TMS, at that times everything was difficult,...
Very good conclusion !
And there´s one more :
As smaller the timeframe is, as smaller is the chance for a " Clear view " to the charts .

It´s more easy to count ants on a picture .. but difficult to count them in their " hill " under live conditions .
I´m demoing since around one month the TMS and best results I get in H4 .
I screen 9 pairs at the same time and I´m picky with my entries .


Guido
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Risiko birgt immer auch die Chance.
  • #43,502
  • Nov 10, 2014 8:24am Nov 10, 2014 8:24am
Quoting Sesamstrasse
{quote} Very good conclusion ! And there´s one more : As smaller the timeframe is, as smaller is the chance for a " Clear view " to the charts . It´s more easy to count ants on a picture .. but difficult to count them in their " hill " under live conditions . I´m demoing since around one month the TMS and best results I get in H4 . I screen 9 pairs at the same time and I´m picky with my entries . Guido {image}
ehhehe
Lorenzo
  • #43,503
  • Nov 10, 2014 8:27am Nov 10, 2014 8:27am
Quoting wnabo
My Question is for Emmanuel , Dcginc and anyone else who might know I'm trying TMS on 15m. Pls can you tell me which period my be best to set my Atr to for take profit and stoploss purposes. thanks Another ting my Atr pips UL corner is stuck with one of the values i've been experimenting with. Closed reopened and tried so many things its not changing don't want to close the chart because of backtesting markers i've on it.
well buddy my adr is based on 30days.
the adr wont be hit everyday thats why i dont use it as TP but i use it to to view when a pair ran enough pips for the day and wont trade that pair.
X-man the legendary conqueror of markets
  • #43,504
  • Nov 10, 2014 8:43am Nov 10, 2014 8:43am
floppy monday .... no news announcements, I entered @15.00 (GMT+2) on GBPAUD long on the H4 chart.
for now it seems a bit weak still, but I quite like the setup and the support area in the 1.83 zone.

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Lorenzo
  • #43,505
  • Nov 10, 2014 9:09am Nov 10, 2014 9:09am
Quoting lorbax
floppy monday .... no news announcements, I entered @15.00 (GMT+2) on GBPAUD long on the H4 chart. for now it seems a bit weak still, but I quite like the setup and the support area in the 1.83 zone. {image}
I took the same on a demo , but your candle changed the colour one bar before mine ..
why is that so ?? different datafeed ??
Guido
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Risiko birgt immer auch die Chance.
  • #43,506
  • Nov 10, 2014 10:01am Nov 10, 2014 10:01am
Hello, I hope you are all well. I began reading this post but I realize it started back in 2011. I read about the first 15 pages. Is there a post # where I can get a current update including the current configuration with templates and indicators? I am sure the system has evolved since 2011. After looking at these latest pages I realize the configuration I made is very old compared to what i am looking at on this page . Thank you and good luck to all.
  • #43,507
  • Nov 10, 2014 10:08am Nov 10, 2014 10:08am
Quoting Manu27
Hello, I hope you are all well. I began reading this post but I realize it started back in 2011. I read about the first 15 pages. Is there a post # where I can get a current update including the current configuration with templates and indicators? I am sure the system has evolved since 2011. After looking at these latest pages I realize the configuration I made is very old compared to what i am looking at on this page . Thank you...
TMS in a nutshell...

Quoting WDays
1. Pay attention to the basics, support/resistance or supply/demand zones, consolidation etc. 2. filter out TDI crosses, don't just take any type of cross - only the clear ones, if green is just touching red this is not a valid signal! a clear and obvious cross. If you have to, wait for the next candle, just make sure you can see green coming over (or under) red clearly. 3. the patience to let trades play out.
Nothing has changed that much All you need is Synergy APB or HA and the TDI. The rest is there for flavor as per personal preference, ADRs, session boxes etc.
  • #43,508
  • Nov 10, 2014 10:19am Nov 10, 2014 10:19am
GJ long at the beginning of the 2nd candle of the NY session. I've set a 30 pip trailing stop and a 100 pip TP because I have a fresh H4 cross. I will be monitoring it from my phone while I'm out... Entry is a bit late because I got distracted

edit: haven't left home yet and my b/e is locked time to pray that tp gets hit before SL
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  • #43,509
  • Nov 10, 2014 10:25am Nov 10, 2014 10:25am
Thank yo for your kind answer . If the system has not change much after all these years it must be really good. I am new at trading so I am having a few problems understanding the basics but I will . Again, thank you. Lordbax... do you have the TDI indicator that shows in your template? If yo don't mind could you please share it with me? I have the simple TDI with the two lines. Also if you don't mind, could you explain the interaction with the yellow line? I understand the top and the bottom lines and the green and red but not the yellow line. Thank you.
  • #43,510
  • Nov 10, 2014 10:38am Nov 10, 2014 10:38am
Good morning,

WDays is correct. TMS is very easy, you just have to get used to it.
Learning to trade does take some time.

Look at the current gbp/usd chart. See how the apb's moved into the guppy and
is rolling down through it. Crossing through the pac to the downside. I find the move
very interesting...

P.S. I'm only here to help you! I'm not here to confuse anyone or disrupt the forum.
And I apologize if I did.

P.S.S. I have read the forum of LE1 (Another Simple System) I don't think X-Man did
anything wrong! As a matter of fact I think X-Man helped a lot of people and is a super
trader. I think were lucky to have him here, very lucky. You can learn from him!!!
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  • #43,511
  • Nov 10, 2014 10:43am Nov 10, 2014 10:43am
I just wanted to say something in relation to yesterday's controversy. Since SJ brought up LE1's thread... I started off by trying that system out, before I came here. In short, the system uses the TDI also, but unlike TMS not as a primary tool. If you go thru really quick from the first pages to the last ones, you'll see that the TDI sort of disappeared, there was nothing but talk of 10 moving averages on all the timeframes etc. What I'm trying to say is that there's nothing wrong with a few tweaks here and there, like the MTF was introduced to TMS by Xaphod (whom I respect deeply for both his trading and coding skills), but adding a whole bunch of other crap to the charts while giving the primary indicator used by the system less and less weight is what derails a thread. I remember the GMTS thread, genesis was (and still is) an excelent lower timeframe method, but all of a sudden you had all these indicators that appeared and it drove OP away from his thread, until he locked it down and then completely gave up on it. A shame, really. I mean no offense to anyone, it's just that it's hard to keep up when a system keeps evolving if you're not following it since day 1...
  • #43,512
  • Nov 10, 2014 10:52am Nov 10, 2014 10:52am
Quoting Sesamstrasse
{quote} I took the same on a demo , but your candle changed the colour one bar before mine .. why is that so ?? different datafeed ?? Guido {image}
I think so, maybe it's the different HA indicators, I use the APB posted by Emmanuel, I saw it changes a bit from the old Heiken Ashi one, but not too much, most likely it's the different datafeed.

I scaled out and scaled in again, and here is the situation on M15 (only to show the order entries-exits) - I TRADE ON H4 !

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The battle is against MYSELF not the market ... patience is king, and I'm very often impatient.
green pips to everyone!
Lorenzo
  • #43,513
  • Nov 10, 2014 11:04am Nov 10, 2014 11:04am
GU TP hit 44pips

PA made a LH and TDI was already down we had a triple top and bounce of strong resistance!

Risk was 20 pips Reward 44 pips
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Give yourself a chance and trade it like it's layed out...
  • #43,514
  • Nov 10, 2014 11:05am Nov 10, 2014 11:05am
Hi Wdays... I really admire your teaching enthusiasm on this thread, keeep it up man
If you find time can you please clarify what exactly you are looking for on the MTF indicator...

ps. do you only trade the first couple of hours of the london session and the london/NY overlap?
  • #43,515
  • Nov 10, 2014 11:07am Nov 10, 2014 11:07am
WDays,

I totality agree with you.

I also traded the LEI system. I found that the lower time frames are very
difficult to trade (15 minute chart). The reason they dropped the tdi was
for speed on the lower time frames.

I trade the 4 hour tf's. The primary reason is, where I live & the L/O.
I've always used the TDI. Is it perfect, no. But it's still very good.
The reason I added the long term guppy's is it help's me nail the trend
before I place my trades and go to bed. It gives me warm fuzzy's.

The Pac (price action channel) after years of watching it is excellent for
entry's and exit's. And knowing when the market is chopping around.
It's all about ease of use & making good entry's.

I'm just trying to help. I'm not trying to confuse anyone or start
any arguments. I'm just showing new traders what has worked
very well for me.
  • #43,516
  • Nov 10, 2014 11:32am Nov 10, 2014 11:32am
Quoting TheScorpS
{quote} Let me tell you about ur GU trade, on H4 if you look how PA was moving, you would notice at the time you enter there was near perfect setup on H1 but , H4 didnt agree on H1 with your trade, on H4 PA is making HH so basically at the time if your entry PA was printing just HL on H1 retracement, even there was ABP red candle and cross of TDI Give time, backtest more , and if you stick to trading TMS, time will tell if its easy or not
can i just add in the other thing you miss on that GU is that your sl is too small, if you put your sl on previous high, at the time I'm writing this, you would have +30 pips. trade needs time to breath....don't give up!
Daniel
  • #43,517
  • Nov 10, 2014 11:44am Nov 10, 2014 11:44am
Quoting snarlyjack
Good morning, WDays is correct. TMS is very easy, you just have to get used to it. Learning to trade does take some time. Look at the current gbp/usd chart. See how the apb's moved into the guppy and is rolling down through it. Crossing through the pac to the downside. I find the move very interesting... P.S. I'm only here to help you! I'm not here to confuse anyone or disrupt the forum. And I apologize if I did. P.S.S. I have read the forum of LE1 (Another Simple System) I don't think X-Man did anything wrong! As a matter of fact I think X-Man...
nono , please stay!
You never disturb !!
All your contributions from the start are very welcome .
I haven´t read all the thread .. I´m still working on it .... ,
a long thread....,
... some of your posts are really inspiring ..
I´ll keep you on my watchlist
Guido
Risiko birgt immer auch die Chance.
  • #43,518
  • Nov 10, 2014 11:48am Nov 10, 2014 11:48am
Quoting snarlyjack
WDays, I totality agree with you. I also traded the LEI system. I found that the lower time frames are very difficult to trade (15 minute chart). The reason they dropped the tdi was for speed on the lower time frames. I trade the 4 hour tf's. The primary reason is, where I live & the L/O. I've always used the TDI. Is it perfect, no. But it's still very good. The reason I added the long term guppy's is it help's me nail the trend before I place my trades and go to bed. It gives me warm fuzzy's. The Pac (price action channel) after years of watching...
Hello snarlyjack,

I just read this thread & get your post. it`s really motivated. Just subscribe here keep it up
  • #43,519
  • Edited 2:42pm Nov 10, 2014 11:49am | Edited 2:42pm
That is unfortunate, stopped at +7, perhaps I trailed too close.
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  • #43,520
  • Nov 10, 2014 11:50am Nov 10, 2014 11:50am
Quoting Sesamstrasse
{quote} nono , please stay! You never disturb !! All your contributions from the start are very welcome . I haven´t read all the thread .. I´m still working on it .... , a long thread...., ... some of your posts are really inspiring .. I´ll keep you on my watchlist Guido
100% AGREE.
Lorenzo
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