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Trading Made Simple

  • #46,441
  • Dec 11, 2014 9:35am Dec 11, 2014 9:35am
One more 50+ ... 63+ and counting .... On standard lot .... 110 Pips in one single day .... 1,100$ almost ...till now ...
Thanks Big E ... Phx62, Lastingwell, TheScorpS, SJ (snarlyjack), Aussiefx ....
Attached Image (click to enlarge)
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  • #46,442
  • Dec 11, 2014 9:36am Dec 11, 2014 9:36am
Quoting radiant army
{quote} mary said he is comfortable usin ur system
Maybe "comfortable" is too mild a word to describe how I feel about TMS and SJ's patient tutoring. Oh, also, mary is a she...
  • #46,443
  • Dec 11, 2014 9:39am Dec 11, 2014 9:39am
Quoting snarlyjack
{quote} Nods, Here is another view of the E/A chart for you! Don't let the "pro's" syke you out! They love to do that... sj {image}
Thanks SJ. Looking at this suggests to me we could see new highs of the next week or 2. Whats your view?
Intelligence is the ability to adapt to change. Stephen Hawking
  • #46,444
  • Dec 11, 2014 9:40am Dec 11, 2014 9:40am
Quoting adikashyap
One more 50+ ... 63+ and counting .... On standard lot .... 110 Pips in one single day .... 1,100$ almost ...till now ... Thanks Big E ... Phx62, Lastingwell, TheScorpS, SJ, Aussiefx .... {image}
Adikashyap,

That is excellent
Keep on trucking!
sj
  • #46,445
  • Dec 11, 2014 9:41am Dec 11, 2014 9:41am
Hi Folks,

I have posted this before and I think many new traders still have not learn how to see these ten things on their charts. The Synergy Basic, Advance and Pro models are based on using skills to recognise these ten things below.
This TMS 5-Method uses the same two indicators - the Average Price Bars APB and the Traders Dynamic Index TDI used in the Synergy models.

Ten skills you must know and have when you want to trade TMS successfully are:-

Price Action
Trend
Multi-Time Frame
Momentum
Support and Resistance
Continuation
Volatility
Market Strength
Range
Timing

Allocate your time to research and learn what each of these ten skills are. It may sound like a lot, but they are actually quite easy to learn them and practice and develop these skills to read on your charts.
The D.O.T.S indicator is just a simple trading tool which helps you to see the Range and Volatility when you want to trade intraday in timeframes H1 and below. There are other tools and also different ways to see the same on your charts.
The ten skills will help you decide on your exit strategy and where to place your Stop Loss SL and where to set your Take Profit TP.

What is also important is in using the ten skills mentioned above to identify the forex market type. Knowing the forex market type and using the TMS 5-Method will help us achieve more winning trades and hence more confidence.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #46,446
  • Dec 11, 2014 9:43am Dec 11, 2014 9:43am
didn't take the trade this morning at the LO on the E/A long as tdi had crossed before and i would of been late sat on the sidelines and watched as a newbie. Just exited the short for 50 pips on the E/A as a solid cross on the TDI also August weekly high and news factored into the trade.
  • #46,447
  • Dec 11, 2014 9:44am Dec 11, 2014 9:44am
Quoting Sesamstrasse
My first entry this week .. For me it looked nice when I opened. ( Demo ) TDI had a very steep cross , stoch on the way up .. , all fine . Support below my bars . I´m - 38 pips now and soon , at - 45 I´ll kick it out . It´s a sloppy pair and my max risk limit for this is reached soon . Guido {image}
USD/JPY @H4 Update...

Closed half size +60, raised my SL a little bit and let the rest run, TP +110

Attached Image (click to enlarge)
Click to Enlarge Name: uj.PNG Size: 42 KB
Lorenzo
  • #46,448
  • Dec 11, 2014 9:47am Dec 11, 2014 9:47am
Quoting emmanuel7788
Hi Folks, I have posted this before and I think many new traders still have not learn how to see these ten things on their charts. The Synergy Basic, Advance and Pro models are based on using skills to recognise these ten things below. This TMS 5-Method uses the same two indicators - the Average Price Bars APB and the Traders Dynamic Index TDI used in the Synergy models. Ten skills you must know and have when you want to trade TMS successfully are:- Price Action Trend Multi-Time Frame Momentum Support and Resistance Continuation Volatility Market...
Thanks Emmanuel. This will help put structure to my learning.
Intelligence is the ability to adapt to change. Stephen Hawking
  • #46,449
  • Edited 10:19am Dec 11, 2014 9:56am | Edited 10:19am
Quoting snarlyjack
{quote} My idea of a good trade is 150-300 pips on the daily. I like to position myself into the trend & let it run... sj
SJ, what time(s) do you enter the trade(s)? I'm sure you've answered this before.
  • #46,450
  • Dec 11, 2014 10:07am Dec 11, 2014 10:07am
EA hit TSL ...
One more 50+ for the day ... One more standard lot ... Done for the day ....
Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZDH1.png Size: 46 KB
  • #46,451
  • Dec 11, 2014 10:09am Dec 11, 2014 10:09am
Quoting mary4x
{quote} SJ, what time(s) do you enter the trade(s)? I'm sure you've answered this before.
Mary4x,

I enter my trades in the Asia session. My last
4 hour candle before the L/O. I'll try to let it
run between 8 hours (while I'm sleeping) &
the N/Y session. If I really like how it's looking
I'll convert it to a daily candle & just let it run.
You would be amazed what 2-3 days can do...
sj
  • #46,452
  • Dec 11, 2014 10:19am Dec 11, 2014 10:19am
Quoting lastingwell
Accidentally put in 2 trades on the same currency, not sure how that happened, but as my target is 100 pips a day, I set the take profit at 50 pips each. Reasons for taking it, 2nd go at big round number 1.50, higher low, and h4 flicked up after bouncing off the mbl. There was resistance above but it hadn't kicked price back too much last time, so worth a try. {image} {image}
Yes I know I said I'd hit my target but couldn't resist one more, easing myself back in on 50 pippers after such a long break.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GBPJPYH111-12(2).png Size: 31 KB
  • #46,453
  • Dec 11, 2014 10:20am Dec 11, 2014 10:20am
SJ, you've got mail.
  • #46,454
  • Dec 11, 2014 10:21am Dec 11, 2014 10:21am
Hi folk Emmanuel,

I'm just watching to your discusion.
Emmanuel you are speaking about price action in your 10 points. I used to use japaneese candlesticks and chartists figures on lower timeframe in this way. Now i discover the TMS , i'm thinking about using Heiken Ashi as price action. It seems very reliabe to me. It avoid both things: -beeing out of a trade because no pa detected -difficulties about interpreting figures with precision (subjectivity and very time consuming). Perhaps there is a compromise between big E original system that worked between 2008 and 2010 and adding massive tools? So if the HA is their to filter and clarify perhaps their is no need about classical price action detection?
  • #46,455
  • Dec 11, 2014 10:25am Dec 11, 2014 10:25am
Quoting lastingwell
{quote} Yes I know I said I'd hit my target but couldn't resist one more, easing myself back in on 50 pippers after such a long break. {image} {image}
Hi Lastingwell. Is the TMS watchdog indicator you have another version of the TDI or smth else?
Intelligence is the ability to adapt to change. Stephen Hawking
  • #46,456
  • Dec 11, 2014 10:36am Dec 11, 2014 10:36am
Quoting nods80
{quote} Hi Lastingwell. Is the TMS watchdog indicator you have another version of the TDI or smth else?
Yes its just the TDI with an alert, I have it set not to refresh during the present candle, and to alert if its a good angle cross or bounce, I like it for alerting me to possible setups as I watch quite a few currencies.
  • #46,457
  • Dec 11, 2014 10:42am Dec 11, 2014 10:42am
Quoting lastingwell
{quote} Yes I know I said I'd hit my target but couldn't resist one more, easing myself back in on 50 pippers after such a long break. {image} {image}
I took the same trade off mobile, hit TP for +50, I didnt want to risk trading off mobile, then came home to see no candles changed color on M5 or M15, almost 150 pips from entry while writing this post
I Have Learned to Take Some Losses to Make Profits
  • #46,458
  • Dec 11, 2014 11:06am Dec 11, 2014 11:06am
Quoting Landline
Hi all UJ long...4hr chart attached TDI, Line & Gann, Zone, Green Candle {image}
Closed out @119.37.... the 30 min chart has hallmarks of now turning bearish to me....so taking my profit and running!
  • #46,459
  • Dec 11, 2014 11:17am Dec 11, 2014 11:17am
Quoting mary4x
{quote} Maybe "comfortable" is too mild a word to describe how I feel about TMS and SJ's patient tutoring. Oh, also, mary is a she...
sorry i should ve known mary is she
  • #46,460
  • Dec 11, 2014 11:23am Dec 11, 2014 11:23am
[quote=snarlyjack;7937846]{quote} Radiant army, Nice meeting you! The DOTS system is the basic Tms with the guppy's added in. (no big deal) The long term guppy's are: ema/close, 30,35,40,45,50,55,60 (green). The pac is: 5 smoothed hi, 5 smoothed low, (yellow). With the Tdi & Lastingwell's sup/dem indicator which we use for s/r. The sup/dem indicator is in the paperclip. It's a great system that will give you the (levels, trend & tdi) If you need any help, just ask
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