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Trading Made Simple

  • #47,681
  • Dec 25, 2014 3:07am Dec 25, 2014 3:07am
...caught Santa trying to come down the chimney, so he gave me my gift color green...

GA & GN : +30pips & +30pips : i was hoping for a 1H bounce break-out play (on both) but it fell a bit deeper... totally recovered by the power of 4H in each case... thanks Santa!!! [light mode]
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  • #47,682
  • Dec 25, 2014 3:31am Dec 25, 2014 3:31am
Merry Christmas everyone and a Happy New Year!
  • #47,683
  • Dec 25, 2014 5:45am Dec 25, 2014 5:45am
Hi everyone,

Just wanted to drop by and wish you all a Merry Christmas, and may 2015 bring you all that golden wheelbarrow you want so much.
Happy new year!
  • #47,684
  • Dec 25, 2014 6:22am Dec 25, 2014 6:22am
Quoting sknight1
Merry Christmas TMS friends. https://www.youtube.com/watch?v=gcp9RJXC4ME
SK,thank yyou for the clip,merry Christmas to you toooo...
  • #47,685
  • Dec 25, 2014 6:42am Dec 25, 2014 6:42am
Merry Christmas and Happy new year to everyone. Hope you all have a great day and may 2015 be a great trading year for all TMS'ers!
Intelligence is the ability to adapt to change. Stephen Hawking
  • #47,686
  • Dec 25, 2014 6:48am Dec 25, 2014 6:48am
Quoting emmanuel7788
Hi Folks, I see we have a few new members - michael_k, shoe, Marin0s, GreenGoblin recent posts and they have made commitment to start trading TMS and have plans made for 2015. I am sure there are others but did not post and share their intentions yet. It is festive holidays time and most of us will have some time to make new plans and resolution for 2015. When you make your business trading plan for trading TMS in 2015 and you are considering which currency pairs to trade during your trading hours, I would recommend you spend time and learn the...
  • #47,687
  • Dec 25, 2014 6:58am Dec 25, 2014 6:58am
Merry Christmas and Happy New Year to everyone!
  • #47,688
  • Dec 25, 2014 9:36am Dec 25, 2014 9:36am
Quoting lastingwell
{quote}I didn't that would have been an h4 trade and I saw the setup but completely against the D1, although on support I would wait for a higher low.
Just curious, how did this questioned trade work out?
  • #47,689
  • Dec 25, 2014 10:01am Dec 25, 2014 10:01am
Merry Christmas to everyone and may God bless u all with prosperous new year with great trading experience.

I just watched one of the videos from compassfx video library and implemented it on my EA chart. I apologize in advance if you are in no mood of doing some chart reading or backtesting.

Note: It is hard to predict what market will do in future and very easy to look at the old charts and predict the best and worst trade scenarios. But, looking at the previous charts gives us the confidence and knowledge of what kind of PA patterns to look for in future to spot the potential trades.I hope it make sense.

One random month of consolidation is picked on EA daily
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This Daily is broken down on 4 hour chart
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4 hour Chart Zoomed into 2 parts
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4 Hour chart broken into 6 one hour chart for a months data
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The purpose of this chart reading was
1. Looking at the daily candle and see how to trade it on lower time frame
2. When PA is in consolidation, Is it a good idea to trade on lower TF with the trend or step aside and save our capital
3. How much powerful the PAC, Guppy and TDI is in determining the consolidation on any TF and then help us trading it on lower TF

I have only marked 1 chart in EA 1Hr category, feel free to download and go through them to see what they are trying to show us in terms of Market Movement.

Feel free to comment
Kindest regards
  • #47,690
  • Dec 25, 2014 1:52pm Dec 25, 2014 1:52pm
Merry Christmas and Happy New Year!!!
May you have a wonderful Christmas and an awesome New Year!!

Frohe Weihnachte unn ein gudes neus Jahr

Joyeux Noël et bonne année

Счастливого Рождества и Новый год

圣诞快乐，新年快乐


Greenb
Daniel
  • #47,691
  • Dec 25, 2014 6:30pm Dec 25, 2014 6:30pm
Hi Griffinssoul,

Would you be able to share the TDI relative angle which shows what TDI(Tdi angle) is doing in different time frames...it is in the second window.


Thanks
Dennis
  • #47,692
  • Dec 25, 2014 7:06pm Dec 25, 2014 7:06pm
Quoting MrAussieFX
Merry Christmas to everyone and may God bless u all with prosperous new year with great trading experience. I just watched one of the videos from compassfx video library and implemented it on my EA chart. I apologize in advance if you are in no mood of doing some chart reading or backtesting. Note: It is hard to predict what market will do in future and very easy to look at the old charts and predict the best and worst trade scenarios. But, looking at the previous charts gives us the confidence and knowledge of what kind of PA patterns to look for...
Phenomenal work rate MrAussieFX - thanks a bunch for all your contributions, much appreciated mate (especially the videos!!!). Have a rest buddy... LOL!!!
  • #47,693
  • Dec 25, 2014 7:18pm Dec 25, 2014 7:18pm
Quoting dennis4u15
Hi Griffinssoul, Would you be able to share the TDI relative angle which shows what TDI(Tdi angle) is doing in different time frames...it is in the second window. Thanks Dennis
LOL! - I call it the 'TMS Angleator' ..."Your bad trades will be terminated" ... ... tell you what, i have grown to depend on it every trade. Currently working on the TDI Signal part which will also use the candle size per TF. Did heaps of reading/searching/development about the concept of an angle on a chart - seems to be a big problem. Some traders say you cant do it... or its not defined right (meaning if you change TF's it wont stay the same angle - which is what TMS exactly needs ) etc.

dennis4u15, i will post soon and include detailed instructions...
  • #47,694
  • Dec 25, 2014 11:28pm Dec 25, 2014 11:28pm
Thanks Griffinssoul,

Will wait for the indicator.

Regards
Dennis
  • #47,695
  • Dec 26, 2014 2:30am Dec 26, 2014 2:30am
Not the best time to trade - my broker gives spreads much higher today, than usually. So i'd better stay away from this holiday market on currencies.
But recently i've started to watch oil also. I found it very nice and very good technically, quick and pretty smooth. Let's see how it works on longer run. But that's really interesting. Scalped 28 pips in the morning, decided to close the trade before LO. I choose Brent Oil - it's almost the same as WTI, but moving a little bit better.
I also found that oil works really great with EMA10 on M15 and M5.
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  • #47,696
  • Dec 26, 2014 2:55am Dec 26, 2014 2:55am
helo guys i have been trading the TMS since mid 2014 and demo and live trade till now and i decided to go live on the TMS 5 minute method..I scalp all the london and US market for a total of 6 hours scalping...had already stopped scalping because of the low volatility market that not good for scalping since 19 december 2014....wishing to start again on 12 january 2015 when the market is volatile again...wish you all a merry christmast and happy pipping for 2015
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  • #47,697
  • Dec 26, 2014 3:30am Dec 26, 2014 3:30am
Quoting dforant1
{quote} Just curious, how did this questioned trade work out?
10 pips maybe into profit and down ever since.
  • #47,698
  • Dec 26, 2014 7:22am Dec 26, 2014 7:22am
Very well might be the last trade of the day ... of the week ... of the month and of the year ...
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  • #47,699
  • Edited 7:55am Dec 26, 2014 7:24am | Edited 7:55am
GN +30pips : 1H(cross)/4H : a great trade ( this means the previous trade was part of a break-out fake-out) - PA near BRN (i mean really big!) ... also have similar trade for GA currently +10pips... just missed TP as it bounced off RN...

EDT: GA BE+comm - just did not get filled - frustrating but you must have discipline otherwise all is lost
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  • #47,700
  • Dec 26, 2014 7:25am Dec 26, 2014 7:25am
Quoting adikashyap
Very well might be the last trade of the day ... of the week ... of the month and of the year ... {image}
Congrats adikashyap - just a beautiful trade mate!!!
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