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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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MTF Indicators for the 'Trading Made Simple' system 241 replies

Trading Made Simple system follower - Thanks to eelfranz 9 replies

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Trading Made Simple

  • #43,561
  • Nov 10, 2014 8:55pm Nov 10, 2014 8:55pm
Quoting emmanuel7788
{quote} Heispark, There is no bug. Just need up-to-date maintenance and to catch up with current market conditions. regards,
Thank you Emmanuel. I am not sure. Sometimes Oil generates 40 some emails at H1 bar change, sometimes it sends only one.... Anyway, I removed Oil from my alert list.
Have a good day!
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #43,562
  • Nov 10, 2014 8:57pm Nov 10, 2014 8:57pm
Quoting JayTrader
Hi Eelfranz and all, I just took this trade on the eurusd and my question is, does the PA have to pass the 5 MA (be on the correct side as position) in order to take the trade or is it correct as I took it . Only on page 11 if it was answered since. Thanks For the assistance and thanks for a wonderful straight forward thread Take Care {image}
Hello JayTrader,
Do you happened to have the "stoch (8,3,3) indicator you are using. It looks really good also with the arrows on the right. Finally... do you use those arrows (all poining on the same direction of your trades) as assurance for your trade?
Thank you
  • #43,563
  • Nov 10, 2014 9:26pm Nov 10, 2014 9:26pm
thescorps
wdays
mkfx
Thank you for your advice and encouragement
I would be good thinking
Do not understand English, forgive me with google translation
  • #43,564
  • Nov 10, 2014 9:58pm Nov 10, 2014 9:58pm
Quoting Manu27
{quote} Hello, I understand this is a very early post on the thread Eelfranz. Excuse my question. I would like to understand the yellow line. There are three successful short entries with red on top of green but with yellow line below red and green. I thought for short it was important that the yellow line was on top of red and green. Is the yellow line very important or red and yellow rule. I also learned from your thread the role of 68, 50 and 32. Thank you for a great thread... I am reading back and forward and learning a lot for the first time....
Hi Manu... Big E unfortunately passed away 3 years ago so people will most likely get a heart attack if he suddently replies.

If you are new, you dont have to read from the beginning just go to Eelfranz's account and open all his posts one by one... They are all MUST read!

There is no such thing as a rules for the yellow line (market base line). Often times when you trade with the trend you want to see the MBL slobing in the same direction whether it is above or below the RSI and TSL line. However it will most likely be below your RSI and TSL in a strong uptrend and vers visa.

- You will discover that you get the best crosses when RSI crosses both the TSL and the MBL, within 1 or 2 candles. It gives momentum.

- Be cautious when you see MBL in the 32 and 68 level area it may be a sign of reversal and a good opportunity for counter trend setup if you have divergence aswell.
  • #43,565
  • Nov 10, 2014 10:25pm Nov 10, 2014 10:25pm
Quoting heispark
{quote} Thank you Emmanuel. I am not sure. Sometimes Oil generates 40 some emails at H1 bar change, sometimes it sends only one.... Anyway, I removed Oil from my alert list. Have a good day!

Oil is not in the list of currencies. So the alerts are not correct. I see an error handling routine went into a loop.

My group tested that indicator more than 2 years ago and discovered this.
So we made our own TDI "watchdog"

Next version I will add the currency list to be user define.
Also we set a timer so that the alerts are not repeated within a certain defined number of minutes.

Let me know what your wish list for the next version of TMS-II TDI Watchdog. If I can accomodate them, I will add on.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #43,566
  • Nov 10, 2014 10:27pm Nov 10, 2014 10:27pm
Quoting moretti12
In terms of trading psychology, on my youtube channel i have uploaded a 5hr video course, by Mark Douglas covering psychology, consistency, pit falls etc.. Enjoy https://www.youtube.com/watch?v=_kna...99tCKrTNPC6DeA https://www.youtube.com/watch?v=0BC2...99tCKrTNPC6DeA https://www.youtube.com/watch?v=pIER...99tCKrTNPC6DeA https://www.youtube.com/watch?v=7c_5...99tCKrTNPC6DeA

Thank you Moretti.
I will watch them again.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #43,567
  • Nov 10, 2014 10:31pm Nov 10, 2014 10:31pm
Quoting emmanuel7788
AUDUSD H1 Sydney open, do you see new buyers or it is just sellers exiting the market? your decision? {image}
I don't know what other traders do and I think it's quite pointless to try figure out.

I care what TDI is doing.
I don't buy when sentiment/momentum is extremely to the down side.
I'd let price do whatver it wants, giving Green, Red and yellow time to go back to 50.
And if green happen to cross down around that zone, that would be my signal to go short. Resuming the recent down move.

Attached Image
Everything you can imagine, is real - Pablo Picasso
  • #43,568
  • Nov 10, 2014 10:35pm Nov 10, 2014 10:35pm
Quoting moretti12
{quote} Hi Manu... Big E unfortunately passed away 3 years ago so people will most likely get a heart attack if he suddently replies. If you are new, you dont have to read from the beginning just go to Eelfranz's account and open all his posts one by one... They are all MUST read! There is no such thing as a rules for the yellow line (market base line). Often times when you trade with the trend you want to see the MBL slobing in the same direction whether it is above or below the RSI and TSL line. However it will most likely be below your RSI and...

Eric passed away in Oct 2012 after a long illness. He had heart problems for several years but he continued to post in FF and help us all. He left behind his legacy.
Let's remember him and keep the positive spirit in sharing and caring for one another in his thread.

Read all his 463 posts in this thread and also the other 861 posts in the Craig Harris Stochastics Method thread.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #43,569
  • Nov 10, 2014 10:38pm Nov 10, 2014 10:38pm
well said Emmanuel
  • #43,570
  • Nov 10, 2014 10:38pm Nov 10, 2014 10:38pm
Quoting Direwolf
{quote} I don't know what other traders do and I think it's quite pointless to try figure out. I care what TDI is doing. I don't buy when sentiment/momentum is extremely to the down side. I'd let price do whatver it wants, giving Green, Red and yellow time to go back to 50. And if green happen to cross down around that zone, that would be my signal to go short. Resuming the recent down move. {image}

Good pointers and I agree.

But how do you interpret sentiments using the TDI and the APB?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #43,571
  • Nov 10, 2014 10:41pm Nov 10, 2014 10:41pm
Quoting TakeUrPills
{quote} Hi chiche, I'm new in here, started to test TMS just recently. I took this trade on E/U and made 40pips... {image}
Nice... i'm studing again this... Let's see tomorrow how eur/usd move.
  • #43,572
  • Nov 10, 2014 10:42pm Nov 10, 2014 10:42pm
Quoting emmanuel7788
{quote} Good pointers and I agree. But how do you interpret sentiments using the TDI and the APB?
I posted it in my journey if you're interested. You can watched Dean's video over at the compassFX website too, he did quite a lot of useful vids on TDI.

And what a coincident, AUDUSD just did exactly what I posted. Candle isn't closed yet so no decision made yet.
Attached Image
Everything you can imagine, is real - Pablo Picasso
  • #43,573
  • Nov 10, 2014 10:58pm Nov 10, 2014 10:58pm
Quoting Direwolf
{quote} I posted it in my journey if you're interested. You can watched Dean's video over at the compassFX website too, he did quite a lot of useful vids on TDI. And what a coincident, AUDUSD just did exactly what I posted. Candle isn't closed yet so no decision made yet. {image}
Well, I am interested but I need to find time.
I like CompassFx library of videos. They are free and worth lots of hours of training. I watch again and again all the time.
Yes, AUDUSD, I saw H4 has one of those phase change APB/HA, so we see the down move following that H4 APB. Now H4 traders wait for the current H4 to close.
We may see a H4 TDI bounce or on H1 wee see TDI cross down.
I like D chart now, as we are sell bias with the previous D bearish candle from resistance.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD D chart 11 Nov Tokyo 5H.png Size: 29 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #43,574
  • Nov 10, 2014 11:05pm Nov 10, 2014 11:05pm
Quoting emmanuel7788
{quote} using TMS analysis, all 3 TFs says bearish, Sell the rallies next week... target 0.8410, use ADR as the distance for SL, trailing SL with view to the APB higd/open, and add-on positions, this way, you get more pips in the 250pips down move. {image}

my 4H swing trading this week is to sell the rally.

Attachment
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD week 46 view.png Size: 64 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #43,575
  • Nov 10, 2014 11:07pm Nov 10, 2014 11:07pm
Quoting moretti12
{quote} Hi Manu... Big E unfortunately passed away 3 years ago so people will most likely get a heart attack if he suddently replies. If you are new, you dont have to read from the beginning just go to Eelfranz's account and open all his posts one by one... They are all MUST read! There is no such thing as a rules for the yellow line (market base line). Often times when you trade with the trend you want to see the MBL slobing in the same direction whether it is above or below the RSI and TSL line. However it will most likely be below your RSI and...
Hello Moretti and Enmanuel. Thank you both for your kind answer and I am sorry about the man who started it all. He left a big legacy behind as I can see many people following his advice and learning from him even though he is not here. Thank you.
  • #43,576
  • Nov 10, 2014 11:28pm Nov 10, 2014 11:28pm
APB/HA study

No need to predict. Just look at the APB/HA and wait for each candle to close.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD H4 APB study1.png Size: 64 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #43,577
  • Nov 10, 2014 11:29pm Nov 10, 2014 11:29pm
Quoting emmanuel7788
{quote} Oil is not in the list of currencies. So the alerts are not correct. I see an error handling routine went into a loop. My group tested that indicator more than 2 years ago and discovered this. So we made our own TDI "watchdog" Next version I will add the currency list to be user define. Also we set a timer so that the alerts are not repeated within a certain defined number of minutes. Let me know what your wish list for the next version of TMS-II TDI Watchdog. If I can accomodate them, I will add on. regards,
That sounds great to me. I really appreciate this information. If I find anything to add to the wish list, I will let you know!
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #43,578
  • Nov 10, 2014 11:42pm Nov 10, 2014 11:42pm
Quoting emmanuel7788
AUDUSD H1 Sydney open, do you see new buyers or it is just sellers exiting the market? your decision? {image}

When I made that post 5 hours ago, I ask if you see buyers or sellers.

What I saw on my chart I explain below with a updated one.

I always look at price action first then the TDI. Whatever the TDI does is derived from the price above.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD 11 Nov H1 update.png Size: 50 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #43,579
  • Nov 11, 2014 12:22am Nov 11, 2014 12:22am
Quoting emmanuel7788
{quote} When I made that post 5 hours ago, I ask if you see buyers or sellers. What I saw on my chart I explain below with a updated one. I always look at price action first then the TDI. Whatever the TDI does is derived from the price above. {image}
Which is why phx62 (and eelfranz did) doesn't look at a real time tdi, only looking at the bar open not half way through it, because there was not a good angle at the beginning of that candle, they wouldn't have entered, there was no decision to make.
  • #43,580
  • Nov 11, 2014 1:29am Nov 11, 2014 1:29am
Hi trader I need session open line like daily open line
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