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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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Trading Made Simple system follower - Thanks to eelfranz 9 replies

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Trading Made Simple

  • #47,901
  • Dec 30, 2014 4:31am Dec 30, 2014 4:31am
Quoting likica
{quote} i wish I took a snapshot of EU at the time I entered the trade to show you how beautiful both green and red point up (same direction) just right above MBL once the 1st white indecision APB completed. flat red s still not good enough unless I had a strong reason to get in (strong s/r, HL, etc.)
That was on the 30M right - flat is the least you should have i guess otherwise it can bounce,...
  • #47,902
  • Dec 30, 2014 4:36am Dec 30, 2014 4:36am
Quoting griffinssoul
{quote} That was on the 30M right - flat is the least you should have i guess otherwise it can bounce,...
yeah
Appreciation is the key to wealth and happiness
  • #47,903
  • Dec 30, 2014 5:22am Dec 30, 2014 5:22am
Hi, guys.

I made one tl for 24 pairs.

hope you like it.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 44 KB
Attached File(s)
File Type: zip pipware-minichart-v3.0.zip   29 KB | 577 downloads
File Type: tpl multi mini charts.tpl   628 KB | 558 downloads
  • #47,904
  • Dec 30, 2014 5:50am Dec 30, 2014 5:50am
Anyone Long GBPUSD?
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 42 KB
  • #47,905
  • Dec 30, 2014 6:04am Dec 30, 2014 6:04am
Quoting erelation
Anyone Long GBPUSD? {image}
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd.png Size: 76 KB
  • #47,906
  • Dec 30, 2014 6:12am Dec 30, 2014 6:12am
Just popped to say Hi and wish you a Happy New Year!

I haven't traded for 10 days since the liquidity is low, just analyzing old charts.
Will return middle of the next week, when me and the market get over our hangover

Question: How do you guys and girls trade in this condicions I just dont see any "valid" setups, just asking.
Anyway, Happy New Year
  • #47,907
  • Dec 30, 2014 6:26am Dec 30, 2014 6:26am
Quoting MrAussieFX
On EA H4 there is a Guppy crossover happening soon (may be today, tomorrow or this week). What does it mean to us in TMS and how can we use it if it happens. Guppy Rollover after a strong trend at support/resistance with great TDI signal is our chance to enter early on the trend and ride it all the way. {image} {image} Kindest Regards

Thanks. Very good explanation.
Regards,
AB
  • #47,908
  • Edited 6:58am Dec 30, 2014 6:40am | Edited 6:58am
Good morning everyone,
(it's 5:30 a.m. my time)

Let me tell you share with you what I did last night & how I traded it.

I put on 4 trades last night & went to bed. I just liquidated
out of my trades. Short the eur/jpy, eur/aud, eur/gbp,
Long aud/usd. When it was all said & done I'm up 105.6
pips. (3 winners & 1 loser). 75% winners, 25% losers.

I made my best analysis (educated guess), set my trades &
went to sleep & didn't mess with the trades. I do this all
the time & it works. I'm done for the day...now I can go play

Just showing you my perspective on how Tms works...

sj

Edit: I was short the aud/usd for a loss (not long).
  • #47,909
  • Dec 30, 2014 6:54am Dec 30, 2014 6:54am
Quoting erelation
Anyone Long GBPUSD? {image}

trading H4 TDI cross up in a narrow range sideways market type and against the W1 and D1 Price Action is not high probability trading....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #47,910
  • Dec 30, 2014 7:15am Dec 30, 2014 7:15am
Quoting snarlyjack
Good morning everyone, (it's 5:30 a.m. my time) Let me tell you share with you what I did last night & how I traded it. I put on 4 trades last night & went to bed. I just liquidated out of my trades. Short the eur/jpy, eur/aud, eur/gbp, Long aud/usd. When it was all said & done I'm up 105.6 pips. (3 winners & 1 loser). 75% winners, 25% losers. I made my best analysis (educated guess), set my trades & went to sleep & didn't mess with the trades. I do this all the time & it works. I'm done for the day...now I can go play...

many thanks snarlyjack for your kind post.l was awake too but did not see trade in those pairs while awake. pls can you post some chart of your entry so that i can learn from it
  • #47,911
  • Dec 30, 2014 7:19am Dec 30, 2014 7:19am
Quoting dan78
{quote} {image}
I don't trade TDI long till over 50, shorts under.
  • #47,912
  • Dec 30, 2014 8:09am Dec 30, 2014 8:09am
Quoting snarlyjack
Good morning everyone, (it's 5:30 a.m. my time) Let me tell you share with you what I did last night & how I traded it. I put on 4 trades last night & went to bed. I just liquidated out of my trades. Short the eur/jpy, eur/aud, eur/gbp, Long aud/usd. When it was all said & done I'm up 105.6 pips. (3 winners & 1 loser). 75% winners, 25% losers. I made my best analysis (educated guess), set my trades & went to sleep & didn't mess with the trades. I do this all the time & it works. I'm done for the day...now I can go play Just showing you my perspective...
Nice to hear that, I like the approach even tho I am still learning as well

Do you wait before the trade goes safe in BE and then go to bed or you just put the trade , and then let the market do its call

Any ideas how to start this journey, ie set a trade and come back laters, see big E done that as well
I Have Learned to Take Some Losses to Make Profits
  • #47,913
  • Dec 30, 2014 8:24am Dec 30, 2014 8:24am
little bit of divergence. going short
Attached Image (click to enlarge)
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Don't focus on loss.. Study your winnings and learn from them.
  • #47,914
  • Dec 30, 2014 8:31am Dec 30, 2014 8:31am
Hello you all, I am new for here...and want to say that I liked this system and started to back test it and demo trade too.
The backtest análisis is going very well, and in demo I just have only 2 trades taken, I use it in eurusd 1 hr charts.

Here the chart whit trade open yesterday:

TDI_venta_29_12_2014 (3).png

do you think this close was the right one ??

thank for response and sorry for my english

Have a great new year you all !!
Attached Image (click to enlarge)
Click to Enlarge Name: TDI_venta_29_12_2014 (3).png Size: 37 KB
  • #47,915
  • Dec 30, 2014 8:32am Dec 30, 2014 8:32am
Quoting snarlyjack
Good morning everyone, (it's 5:30 a.m. my time) Let me tell you share with you what I did last night & how I traded it. I put on 4 trades last night & went to bed. I just liquidated out of my trades. Short the eur/jpy, eur/aud, eur/gbp, Long aud/usd. When it was all said & done I'm up 105.6 pips. (3 winners & 1 loser). 75% winners, 25% losers. I made my best analysis (educated guess), set my trades & went to sleep & didn't mess with the trades. I do this all the time & it works. I'm done for the day...now I can go play Just showing you my perspective...
Excellent SJ!

As Scorps said, this is exactly as Big E taught.... stress free trading!

Go to sleep and let the mechanics of the system play out over time.

Keep it up!
Focus on the process and the profits will follow
  • #47,916
  • Dec 30, 2014 8:33am Dec 30, 2014 8:33am
Quoting TheScorpS
{quote} Nice to hear that, I like the approach even tho I am still learning as well Do you wait before the trade goes safe in BE and then go to bed or you just put the trade , and then let the market do its call Any ideas how to start this journey, ie set a trade and come back laters, see big E done that as well
ScorpS,

Thank you.

Tms was started by Eelfranz who lived on the west coast of the USA.
Because of the time difference he had to switch to a higher time frame (4 hour/daily)
set his trades & went to bed. What he found out was it works really good
on the higher time frames. Who would have guessed that...

I'm from the west coast of the USA also, so I was attracted to the system for that
reason. Set your trades & go to bed. I've been trading this way for 8 years now.

What I do is analyze the pairs. Get in the trend, set my trades, set my stop loss
and turn off the computer. Get up in the morning & check everything out. Then
liquidate out or convert it to a daily chart trade. (Since it's so close to New Years
I just wanted to take my profits & run).

I normally trade 3-4 pairs every night. I would say 75% winners, 25% losers.
The problem is I don't know which one will end up a loser. I just play the odds
and take what the market gives me & go about my life. But it works out. I can't
see a reason why a person could not do this for the next 30 years. I just kinda
do my thing & try to have a really good life...

I think the secret is...trade this way, get used to it, keep it clean & simple. Don't
worry about it & let the statistics play out. Your edge is letting the numbers
play out in your favor. If you take a loss so what. You will have more winners
than losers...Tms is a pretty awesome system that works. Tms is your edge...

sj
  • #47,917
  • Dec 30, 2014 8:40am Dec 30, 2014 8:40am
Quoting Ballistical
{quote} Excellent SJ! As Scorps said, this is exactly as Big E taught.... stress free trading! Go to sleep and let the mechanics of the system play out over time. Keep it up!
Ballistical,

Thank you.

It's like driving a car. When you get into your car you expect
it to work. You really don't need to know how the car works
mechanically, you just expect it to work...

This is exactly the same thing...I just expect it to work & make
profits. I don't worry about the small stuff. I know that 75% of
my trades are going to be great...don't sweat the small stuff.

sj
  • #47,918
  • Dec 30, 2014 9:13am Dec 30, 2014 9:13am
Good Morning,

Guys I just want to fire out something that I think may help some newer guys regarding what SJ is saying because I think its said before here but a lot of people are missing it. The reason TMS will continue to work for the next 30+ years as SJ says or really as long as their market for us to trade, is because successful application of TMS is based on pure price action.

When you go back through all of the attachments of images of trades that the guys who are really trading this profitably, Eelfranz (RIP), SJ, Emmanuel, PHx62 blah blah bunch of others post, look at their set-up closely, you will see some form of PA set-up, be it a Pin Bar Reversal, Double/Triple Top, Bearish/Bullish Engulfing Bar etc. They are not just entering because TDI is below 50 and the yellow line peaked up between my nut sack and my ass, they are using the TDI and the MAs as confluence to the Price Action Set-up. You are seriously fooling yourself if you think because the TDI crosses and a candle changes color you have an edge. BUT.......


When you have a good PA signal and TDI Confirmation, Candle Color Change, S&R is clean etc etc (post 1 of this thread) you will repeatedly have a large edge and should generate a lot of profit. The indicators here are used as confluence to the PA story, without a PA signal, your weeping in the wind!
  • #47,919
  • Dec 30, 2014 9:19am Dec 30, 2014 9:19am
Quoting snarlyjack
Good morning everyone, (it's 5:30 a.m. my time) Let me tell you share with you what I did last night & how I traded it. I put on 4 trades last night & went to bed. I just liquidated out of my trades. Short the eur/jpy, eur/aud, eur/gbp, Long aud/usd. When it was all said & done I'm up 105.6 pips. (3 winners & 1 loser). 75% winners, 25% losers. I made my best analysis (educated guess), set my trades & went to sleep & didn't mess with the trades. I do this all the time & it works. I'm done for the day...now I can go play Just showing you my perspective...
I have been away from TMS for some time so trying to catch up, a question to SJ if I may.

Are you using an EA to set up your trades and which broker are you using.

Thx in advance.
  • #47,920
  • Edited 7:44pm Dec 30, 2014 9:23am | Edited 7:44pm
Thank you SJ, glad you teach us how to make it so simple, it might be far but one day I am going to do that as well, set the trade and let the market do the work for us


I just got into Gold, I missed the initial move, so activate a retracement to EMA 10 plan, I went following EMA 10 on M5, I set a pending buy order which was not activated because of spread, PA came to the pip of the pending order and reversed, so I went in long on the rejection of EMA 10 on M5, first position

Second I waited a bounce of TDI above EMA 10 on M5 and almost TDI cross, went in with another position, both positions worked out so well at the end for +50 and +100 for total +150 pips
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: Gold_M5.jpg Size: 317 KB
I Have Learned to Take Some Losses to Make Profits
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