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Monitor for 'Trading Made Simple' system 565 replies

Trading Made Simple the right way, and other trading lessons 334 replies

Indicators for the 'Trading Made Simple' system 343 replies

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

  • #46,281
  • Dec 10, 2014 12:21pm Dec 10, 2014 12:21pm
Quoting Landline
Hi SJ Whats your view on AU...I'm hanging on to my long...just , but it seems pretty stagnant...the smaller t/fs suggest to me it could climb soon, but I'd be interested in your take if you can please Thanks - LL
Landline,

I'm on the opposite side of your trade!
If you look at the daily & 4 hour charts, I
see a downtrend.

sj
  • #46,282
  • Dec 10, 2014 12:33pm Dec 10, 2014 12:33pm
Quoting nods80
{quote} I had the same problem too. I found a thread that recommended putting the indicator in the market folder. It solved it for me.
Hi nods80,
thanks for the adv mate. Where exactly is the market folder? I cant seem to find it.

Thanks
  • #46,283
  • Dec 10, 2014 12:37pm Dec 10, 2014 12:37pm
Quoting omonisha
{quote} Hi forexday Thanks for the support. Hahaha i am not the creator of that indicator. credit goes to the creator. No bro i don't use it anymore happy trading to you too
Thanks omonisha, I suppose you already have your chosen pairs to trade with and you not worried about their ADR or how do you choose the pairs to trade with? I'm trying to find suitable pairs to work with high ADR or is this not too important?

Take care.
  • #46,284
  • Dec 10, 2014 12:52pm Dec 10, 2014 12:52pm
Quoting forexday
{quote} Thanks omonisha, I suppose you already have your chosen pairs to trade with and you not worried about their ADR or how do you choose the pairs to trade with? I'm trying to find suitable pairs to work with high ADR or is this not too important? Take care.
I have chosen pairs with their ADR from this site.

https://www.mataf.net/en/tools/02-01-volatility
Sad i'm not trying to understand PA
  • #46,285
  • Dec 10, 2014 12:52pm Dec 10, 2014 12:52pm
[quote=snarlyjack;7934939]{quote} Landline, I'm on the opposite side of your trade! If you look at the daily & 4 hour charts, I see a downtrend

Yep...thats a fair point for sure...two heads are definitely better than one....usually.

Ok...on that basis, I'm gonna give my long until the black horizontal line on M30 chart attached to start behaving itself....if it doesn't I'll close out once the zone is breached

Thanks for your view....appreciated

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  • #46,286
  • Dec 10, 2014 12:53pm Dec 10, 2014 12:53pm
Hi SJ and all

Have tried to clean charts up today and watch more videos as dont want to counter trend, correction I cant trade CT!

Heres my cleaned up chart and a second but becomes messy again - I dont seem to find a way for reading without at least the TDI indicator

Any feedback would be a great help!
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  • #46,287
  • Dec 10, 2014 12:53pm Dec 10, 2014 12:53pm
Quoting pips29
{quote} Are you using the autopivot indi?
Hi Pips29
Sorry for late reply , I missed your post .
I am using SDI Supares (Pivot Indi )
  • #46,288
  • Dec 10, 2014 12:56pm Dec 10, 2014 12:56pm
Quoting twellve
Hi SJ and all Have tried to clean charts up today and watch more videos as dont want to counter trend, correction I cant trade CT! Heres my cleaned up chart and a second but becomes messy again - I dont seem to find a way for reading without at least the TDI indicator Any feedback would be a great help! {image} {image}
Twellve,

It's looking better!
I would drop the stochastic & macd.
All they will do is confuse you... The
tdi is all you need.

sj
  • #46,289
  • Dec 10, 2014 12:57pm Dec 10, 2014 12:57pm
Quoting snarlyjack
{quote} Morigan, Nice meeting you! I'll try to answer your question. Their are a lot of different ways to trade the market. "Their must be 100 different ways to skin a cat"! This system has always revolved around the tdi indicator. The reason we use the tdi indicator is because it works! I would not say the market has evolved! I would say the market conditions have changed. We are not seeing the big wild moves of 2008, we are seeing a tighter compressed market, with a lot of chop. I don't use the weekly chart for my calculations. I use...
Yes i think i understand the general spirit of the 3 methods. I think i'm going to focus on the tdi first with my favorite tools. I'll test other methods later. Thanks for having spent time on my question.
  • #46,290
  • Dec 10, 2014 1:25pm Dec 10, 2014 1:25pm
Quoting omonisha
{quote} I have chosen pairs with their ADR from this site. https://www.mataf.net/en/tools/02-01-volatility
  • #46,291
  • Dec 10, 2014 3:14pm Dec 10, 2014 3:14pm
hi folks

can anyone help me out to find out exactly on what opening candles does the TDI cross?

it repaints so backtesting might not be as accurate

maybe another version of TDI so i can test it?

thanks
  • #46,292
  • Dec 10, 2014 3:19pm Dec 10, 2014 3:19pm
Quoting shay14
hi folks can anyone help me out to find out exactly on what opening candles does the TDI cross? it repaints so backtesting might not be as accurate maybe another version of TDI so i can test it? thanks
The best way is to run it through the simulator instead of live charts so you can see how it works, there are a couple of different ones posted if you click on the paperclip at the top of the thread.
  • #46,293
  • Dec 10, 2014 3:29pm Dec 10, 2014 3:29pm
Quoting lastingwell
{quote} The best way is to run it through the simulator instead of live charts so you can see how it works, there are a couple of different ones posted if you click on the paperclip at the top of the thread.
complete noob to simulators or what they are tbh

you mean i can find different simulator software in the paperclip?
  • #46,294
  • Dec 10, 2014 3:30pm Dec 10, 2014 3:30pm
Hi guys, I have been trying to trade now about 5 years on and off, and have slowly just lost money over the time I have been trading, but im all ways looking for something new, as I think I will find a profitable system eventually, I have been reading this thread for the last few weeks, and about the lovely guy who started it, what a shame he is no longer with us, from reading his posts I can tell he was a kind Gentleman and may he rest in peace.
My question is simple is this system still working for you guys and profitable, as I am seriously thinking about learning it on Demo, Many thanks Jon
  • #46,295
  • Dec 10, 2014 4:10pm Dec 10, 2014 4:10pm
Quoting montego
Hi guys, I have been trying to trade now about 5 years on and off, and have slowly just lost money over the time I have been trading, but im all ways looking for something new, as I think I will find a profitable system eventually, I have been reading this thread for the last few weeks, and about the lovely guy who started it, what a shame he is no longer with us, from reading his posts I can tell he was a kind Gentleman and may he rest in peace. My question is simple is this system still working for you guys and profitable, as I am seriously thinking...
Hi Jon,

Absolutely, the system still works and is definitely profitable. That being said, the markets have changed a lot since Eelfranz used to trade so bear that in mind if you're reading the start of the thread. You'll find, there are many profitable traders in here trading their own take on TMS but the core principles laid out by Eelfranz still apply on the most part.

There is a really good group of members on this thread that are more than happy to help if you have any trouble.

Best of Luck
Focus on the process and the profits will follow
  • #46,296
  • Dec 10, 2014 4:27pm Dec 10, 2014 4:27pm
Quoting GrantMcscott
{quote} Ballistical I took your advise and have only been looking at the E/A and also read the first PDF of Phx62. Bagged myself 50 pips following the rules Cheers for the advise hopefully the success continues
Grant,

Thats great! Good job! Those Phx62 posts are better than any video/ webinar or course I've ever tried.

I'm afraid I didn't fair so well today. Let my recent run of good results get the better of me and entered early before I had a proper TMS signal. Paid the price with -44

Disappointed in myself for straying from the rules but then I guess its only demo and its all about learning from these mistakes now while its free...

The long wicks before FO and LO indicated to me that the trend was reversing around the important historical level (green line) and once LO formed a pin bar as well, I took an early entry so as not to miss the move. What I should have done was to wait for my entry candle to close and then enter on a break of it (3rd leg of the PCRF). This would have kept me outta trouble.

I've also found that once I've taken a loss, I'm better to stay out of the market for the rest of the day otherwise I have a tendancy to revenge trade leading to more losses. This kept me out of the strong move up despite being an A+ setup. Triple bottom confirmed by a TDI cross, trending away from 200EMA is everything I'm looking for!
Attached Image (click to enlarge)
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Focus on the process and the profits will follow
  • #46,297
  • Dec 10, 2014 4:28pm Dec 10, 2014 4:28pm
Quoting shay14
{quote} complete noob to simulators or what they are tbh you mean i can find different simulator software in the paperclip?
Here's one of them: http://www.forexfactory.com/showthre...02#post7863902 there are probably more but thats the first one I came across.
  • #46,298
  • Dec 10, 2014 4:35pm Dec 10, 2014 4:35pm
Quoting Ballistical
{quote} Hi Jon, Absolutely, the system still works and is definitely profitable. That being said, the markets have changed a lot since Eelfranz used to trade so bear that in mind if you're reading the start of the thread. You'll find, there are many profitable traders in here trading their own take on TMS but the core principles laid out by Eelfranz still apply on the most part. There is a really good group of members on this thread that are more than happy to help if you have any trouble. Best of Luck
I am in the same boat as Montego, The usual story of up and down trading for years, I started reading this thread and got to about page 340....I also started using this system about 2 months ago on my demo account and the last two weeks have been on my live account, and I've been on the best run I have ever had! I finally have confidence in a system and am no longer dizzying myself and am not afraid to pull the trigger on trades anymore.

I will continue to read the thread until I'm caught up, But as you said some things have changed since Eelfranz started this thread,( I wish I was able to thank him for sharing this). As I continue to use the 1st version of this system is there any particular pages where the tools used now start to come into play? This thread is HUGE!!

I will also start contributing back to this thread because I do really think this system has changed my fortunes in the Forex
  • #46,299
  • Dec 10, 2014 6:35pm Dec 10, 2014 6:35pm
ECad +53 and UJ +51 : both strong 1H/4H moves which could have been converted to 4H/D1. Hit my primary target of 300pips(339) [real target is around 100pips - Jedi mind trick ]... ummm, cool...
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  • #46,300
  • Dec 10, 2014 6:44pm Dec 10, 2014 6:44pm
Quoting snarlyjack
{quote} Landline, I'm on the opposite side of your trade! If you look at the daily & 4 hour charts, I see a downtrend. sj
Hi SJ

1hr chart attached

Closed out AU for +9 in the end.... it could climb further but was in that one long enough, and in the wrong zone now, so I'm happy to just end up positive tbh... theres always another day after all.

Attached Image
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