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Trading Made Simple

  • #44,441
  • Nov 20, 2014 11:27pm Nov 20, 2014 11:27pm
Mary4x,

Nice meeting you!

The asr/dsr are the different levels that I trade off of
and use for range trading. They are excellent & you
should use them. Go to the paper clip at the top of the
page & download the Pro Synergy folder. I don't use
Pro Synergy but I do use the Pro tdi, Pro asr & Pro dsr.

My green long term guppy's are: Ema/close,
30,35,40,45,50,55 & 60

This system has been tested & researched for many years.
It is not a system that I just made up.

Hope this helps you.
  • #44,442
  • Nov 20, 2014 11:34pm Nov 20, 2014 11:34pm
I just spotted EChf (H4/D1)... anyone take this... entry would have been about 8 hrs ago (2 HA 4H) as a 4H TDI bounce with D1 confirmation (assumed) TDI cross: +70pips as far as I can see...

Ok, sitting on hands & watching for now... lol... watching GChf H4/D1...
  • #44,443
  • Nov 20, 2014 11:36pm Nov 20, 2014 11:36pm
Quoting likica
{quote} Yes, I like div and also the pin bar that made me placed my trade at the close of the candle TDI bounced and let it run. I placed my SL just above that pinbar on H1 and also in this case above the swing high as you noticed.
Thank you for your reply Likica! Good to get your thoughts on why you entered this trade. Very helpful.

Quoting moretti12
{quote} Hi Pipsta.... the GN setup he took had a great amount of confluence.... Take a look at the daily chart and mark the 2.00000 level with a horizontal line. Now watch how this important level has been respected several time to the pip.... Do you think this is a level of significance? Now on the 1hr chart the TDI delveloped divergence with the MBL in the extreme and rejected the 200 EMA. In addition to that price printed a triple top.... Everything is shouting for SHORT, SHORT, SHORT!!! These kind of setups are pure gems.. regards, Moretti
Thank you so much for elaborating on this Moretti! I did not see the BRN and would have waited for HTF H4 TDI RSI to move lower to TSL. I also would have waited for the third top (triple top) to form and retest of dynamic S/R before going short. I guess I'm waiting too long - waiting for too much confluence
Repetition is the Mother of Skill
  • #44,444
  • Nov 20, 2014 11:36pm Nov 20, 2014 11:36pm
SJ,

Can you talk a little more about some of the "trials and tribulations" you went through in getting to where you are now (lastingwell is invited to do this as well)? I read a post where you mentioned that moving to H4 timeframes is when you became profitable. I've messed around on the smaller timeframes for two years, just decided to switch to H4 a few weeks ago and take my cues from those. Trading became much easier at that point. I trade less often and have a better R:R / win percentage. But, I have a lot of ground to make up and a lot of losses to recover.
  • #44,445
  • Nov 20, 2014 11:41pm Nov 20, 2014 11:41pm
Quoting snarlyjack
Mary4x, Nice meeting you! The asr/dsr are the different levels that I trade off of and use for range trading. They are excellent & you should use them. Go to the paper clip at the top of the page & download the Pro Synergy folder. I don't use Pro Synergy but I do use the Pro tdi, Pro asr & Pro dsr. My green long term guppy's are: Ema/close, 30,35,40,45,50,55 & 60 This system has been tested & researched for many years. It is not a system that I just made up. Hope this helps you.
snarlyjack,
just want to say thank you since you have no msg button on your proffile.
that synergy folder, inside it i found info on how to modify my exit strategy which i have had some trouble with
Daniel
  • #44,446
  • Nov 20, 2014 11:49pm Nov 20, 2014 11:49pm
Odd, I'm searching the paperclips alphabetically and am not finding a "ProSynergy" folder.
  • #44,447
  • Nov 20, 2014 11:52pm Nov 20, 2014 11:52pm
Quoting sknight1
Odd, I'm searching the paperclips alphabetically and am not finding a "ProSynergy" folder.
because its not ProSynergy. its SynergyPro
Daniel
  • #44,448
  • Nov 20, 2014 11:58pm Nov 20, 2014 11:58pm
ah, "I SEE said the blind man to his deaf wife."
  • #44,449
  • Nov 21, 2014 12:08am Nov 21, 2014 12:08am
10 pm, new 4h candle for me.
Shorting GU, not the best signal. looking for 1:1 RR

possible long on UCad, didnt take it. TDI looks more like "touch" instead of cross
Attached Image (click to enlarge)
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Daniel
  • #44,450
  • Nov 21, 2014 12:13am Nov 21, 2014 12:13am
Sknight1,

Nice meeting you,

I'm an old retired guy, 62 years old. About 7 years ago when I was
thinking about retiring, I though I'd better learn how to trade &
make some money.

I ended up at Forex Factory in 2008 and the first person I met was
Eelfranz. And he kinda mentored me. The first thing he said was
you need to go to "Babypips.com" and go to their forex school. Which
I did, then I came back to forex factory. By the way I would suggest
Babypips.com forex school to everyone!

Anyway I came back from babypips.com right into Tms and learned how
to trade it. But after awhile I wanted to try different systems just to
see how they worked. I flipped around from system to system for
about 3 years. Mostly different forex factory forums. I think I learned a
ton of stuff from everyone! But when it was all said & done I found this
system clicked for me and I like it the best out of all of them. But their
are some excellent systems out their. It all come's down to your comfort
with a system.

I've made a lot of trading mistakes over the years and have learned from
them. Your always learning new stuff in this business. I've found the
process of learning how to trade very interesting. I guess the bottom line
is I really like this system and I wanted to share it with you guy's. I
hope you don't mind that I shared it with you... And, I think Forex
Factory is a awesome trading forum!

Thanks,

sj
  • #44,451
  • Nov 21, 2014 12:28am Nov 21, 2014 12:28am
I know a couple of members who knew BigE also. Sounds like he was a very nice guy.

I'm only about 15 years behind you. So, while you might be retired, I don't think you qualify as "old".

I went through the babypips school a few years ago too. And have spent a lot of time studying market structure and done a lot of back testing. I've had some good teachers / mentors, as well as a LOT of self-study.
  • #44,452
  • Nov 21, 2014 12:33am Nov 21, 2014 12:33am
Still watching nzd/usd.....
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  • #44,453
  • Edited 1:03am Nov 21, 2014 12:38am | Edited 1:03am
Quoting Greenb
10 pm, new 4h candle for me. Shorting GU, not the best signal. looking for 1:1 RR possible long on UCad, didnt take it. TDI looks more like "touch" instead of cross {image}
Thanks for the heads-up Greenb GU 1H (a kind of a weird kink cross thingy...) is hitting heavy support by the look of it ... H4 (assumed) cross looks ok (perhaps the red line should/could be a bit more flat???)

EDT1: ok, we see another HA red candle ... notice the lack of wicks on the 2 current ones... it may break-out low??? (Not sure I would take this cause everything is telling me change of polarity but its worth observing...)

EDT2: ECB President Draghi Speaks... any comments on this???
  • #44,454
  • Nov 21, 2014 12:58am Nov 21, 2014 12:58am
Quoting likica
GN short from yesterday (AEST) PT filled with 46 green {image}
Please list out your trading rules.
You didn't not get HTF confirmation trade but took the trade. What made you to do so? Where did you place the SL?
Your are the silent pips generator using this system.

regards,
AB
  • #44,455
  • Nov 21, 2014 1:12am Nov 21, 2014 1:12am
Hi Lastingwell!

Good to meet you.

I tend to get stopped out a lot for pulling my SL to BE too quickly (mostly within 20 pips, not matter what TF I'm trading on).

I went through the thread and the trades you have posted over the last months but couldn't find out how you go about moving to BE.

Could you possibly tell me from you experience?

Thank you very much!
Repetition is the Mother of Skill
  • #44,456
  • Nov 21, 2014 1:15am Nov 21, 2014 1:15am
Quoting griffinssoul
{quote} Thanks for the heads-up Greenb GU 1H (a kind of a weird kink cross thingy...) is hitting heavy support by the look of it ... H4 (assumed) cross looks ok (perhaps the red line should/could be a bit more flat???) EDT1: ok, we see another HA red candle ... notice the lack of wicks on the 2 current ones... it may break-out low??? (Not sure I would take this cause everything is telling me change of polarity but its worth observing...) EDT2: ECB President Draghi Speaks... any comments on this???
it will be 00.00 when draghi speaks, my new 4h candle opens at 2am, so lucky me hahaha. or if whatever he says move the price a lot, i will wait till 1am, so market at least know where to go. most likely 2 am candle for me if anything though
Daniel
  • #44,457
  • Nov 21, 2014 1:19am Nov 21, 2014 1:19am
Quoting Greenb
{quote} it will be 00.00 when draghi speaks, my new 4h candle opens at 2am, so lucky me hahaha. or if whatever he says move the price a lot, i will wait till 1am, so market at least know where to go. most likely 2 am candle for me if anything though
  • #44,458
  • Nov 21, 2014 1:19am Nov 21, 2014 1:19am
Quoting Pipsta972
Hi Lastingwell! Good to meet you. I tend to get stopped out a lot for pulling my SL to BE too quickly (mostly within 20 pips, not matter what TF I'm trading on). I went through the thread and the trades you have posted over the last months but couldn't find out how you go about moving to BE. Could you possibly tell me from you experience? Thank you very much!
I mostly now move to BE when price reaches the next level of supply/demand but not usually less than 30 pips now the ATR has gone up on the pairs I trade. If I'm trading H4 with D1 agreement and I'm not going to be watching the trade I usually put on a 50 pip trailing stop with 100 pip TP.
  • #44,459
  • Nov 21, 2014 1:28am Nov 21, 2014 1:28am
Quoting lastingwell
{quote}I mostly now move to BE when price reaches the next level of supply/demand but not usually less than 30 pips now the ATR has gone up on the pairs I trade. If I'm trading H4 with D1 agreement and I'm not going to be watching the trade I usually put on a 50 pip trailing stop with 100 pip TP.

Thank you very much for your reply Lastingwell.
Repetition is the Mother of Skill
  • #44,460
  • Edited 2:25am Nov 21, 2014 1:55am | Edited 2:25am
Quoting ababias
{quote} Please list out your trading rules. You didn't not get HTF confirmation trade but took the trade. What made you to do so? Where did you place the SL? Your are the silent pips generator using this system. regards, AB
If you look through my posts you will notice I took a lot of counter trend trades which considered high risk. Pay attentions to price actions....

TMS method itself is simple as it sounds but we need price actions to allow us to get us the edge. That s why Big E said always look left...

I am not a good driver but I always say ' TDI crosses do not mean I can get in the market safely without looking how it behaved recently like yellow traffic lights telling me to get ready to turn but if coming cars not slowing down I can't turn or I will get into trouble.
So here are my basic rules when tdi crossed:
- need 200EMA, 21 EMA for S/R, put it up on your chart so you know what I m talking about, they are super help for market directions and are great walls, price obeys them when touched (first few touches only). Do not ever trade into them or you get bruised.
- pin bar is my favorite for trend reversal or retracement.
- I am a oil scalper on M15, M5 sometimes M1 (with H1 M30 alignment) so I also have 800ema on my charts.
- I am still learning to stay in the trades longer and tips from Lastingwell are walking away from my PC, looking at HTF....

- Reason I got in GN short H1 yesterday stated on post#7888951.

- I am still up and down in trading (having too much fun and not being disciplined).

Hope my humble knowledge above can set light to those who need
Happy trading to all.
edit: file attached shows 2 long tails (kinda pin bars I called) bounced off 21 ema, note that 2nd long wick bar where tdi crossed and I got in next bar)
Attached Image (click to enlarge)
Click to Enlarge Name: EG H1 short Thu 20.11.14 @4.18a est +36 (pinbars).png Size: 16 KB
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