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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

  • #47,921
  • Dec 30, 2014 9:25am Dec 30, 2014 9:25am
Quoting Andyvix833
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...
Andy,

Nice meeting you & welcome to Tms.

You are 100% correct & you said it well...

I'm looking forward to getting to know you better

sj
  • #47,922
  • Dec 30, 2014 9:28am Dec 30, 2014 9:28am
Quoting snarlyjack
{quote} 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...
Yes, Exactly SJ. Do what ever is important and take your trades and walk away from your system and check them when the new candle shows up or whenever you are comfortable. TMS is stress free Trading too.

Following up on my EA daily Trade taken here on this post #47,828 . Just came back from work and this is how my trade worked out.

EA 1st position profit target got hit
Attached Image (click to enlarge)
Click to Enlarge Name: EA Sell 1st position profit taken.png Size: 206 KB


Guppy Rollover happened on H4
Attached Image (click to enlarge)
Click to Enlarge Name: Guppy Rollover happened.png Size: 193 KB


Kindest Regards
  • #47,923
  • Dec 30, 2014 9:31am Dec 30, 2014 9:31am
Quoting irongraham
{quote} 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.
Irongraham,

Nice meeting you also & welcome to Tms.

I do everything manually & do not use a EA.

I use Fxcm charts. They have the 5 day, N/Y close chart's
with good spreads. I do think the N/Y close charts are
very important. That way your in synk with the true
market times. Asia session is the open. L/O is the middle,
N/Y close is the end of the day. It's the universe time...

sj
  • #47,924
  • Dec 30, 2014 9:36am Dec 30, 2014 9:36am
Quoting MrAussieFX
{quote} Yes, Exactly SJ. Do what ever is important and take your trades and walk away from your system and check them when the new candle shows up or whenever you are comfortable. TMS is stress free Trading too. Following up on my EA daily Trade taken here on this post #47,828 . Just came back from work and this is how my trade worked out. EA 1st position profit target got hit {image} Guppy Rollover happened on H4 {image} Kindest Regards
MrAussieFx,

Congrat's...I thought you would like that trade
I think your doing great!
Try practicing with 3-4 trades at the same time &
see how it goes... Play the rule of large numbers.
I'm averaging about 75% winners, just let the numbers run...

sj
  • #47,925
  • Dec 30, 2014 9:37am Dec 30, 2014 9:37am
Quoting MrAussieFX
{quote} Yes, Exactly SJ. Do what ever is important and take your trades and walk away from your system and check them when the new candle shows up or whenever you are comfortable. TMS is stress free Trading too. Following up on my EA daily Trade taken here on this post #47,828 . Just came back from work and this is how my trade worked out. EA 1st position profit target got hit {image} Guppy Rollover happened on H4 {image} Kindest Regards
Nice to see the progress of your trade, slow moving but continues down, congrats
I Have Learned to Take Some Losses to Make Profits
  • #47,926
  • Dec 30, 2014 9:40am Dec 30, 2014 9:40am
Trend+TDI+Weekly pivots = Delicious
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd.png Size: 69 KB
  • #47,927
  • Dec 30, 2014 9:46am Dec 30, 2014 9:46am
Don't hesitate to publish the opportunities!

  • #47,928
  • Dec 30, 2014 9:49am Dec 30, 2014 9:49am
Quoting Gerarfx
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 !! {image}
Gerarfx,

Nice meeting you & welcome to Tms!

I hope you enjoy Tms, it is a pretty special system.
Their are lot's of really good traders here who can help you...

sj
  • #47,929
  • Dec 30, 2014 9:55am Dec 30, 2014 9:55am
Quoting snarlyjack
{quote} Thanks MrAussieFx, I'm sure we will check it out Have a good day at work! sj
Hi SJ and TSS,

Thanks for your comments and appreciation.

This is the wrap up of December EA analysis as we discussed. The EA made bullish 520 pips move in November and 700 pips move in December before showing signs of turning back from past few days.

The December analysis is here on this post #45,881 .

The overall EA movement is shown below:
Attached Image (click to enlarge)
Click to Enlarge Name: EA weekly December analysis wrapup.png Size: 206 KB


Kindest regards
  • #47,930
  • Dec 30, 2014 10:08am Dec 30, 2014 10:08am
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...
Hi Sj, I've always enjoyed reading your posts. May I ask you some a questions? After you set your order, do you wake up in the middle of the night to see the close of the next H4 candle? Do you aware that the next candle's color or the TDI direction have changed? It seams that you come back to manage your trade "only" 8 hours later at around 5:30am of your time. Correct me if I'm wrong.

Thanks.
King
  • #47,931
  • Dec 30, 2014 10:18am Dec 30, 2014 10:18am
Hi SJ,

I believe you won't mind me copying one of your comments from past posts which u replied to one of my post and I think it is worth mentioning one more time here. As this TMS community is growing day by day and many new members may be wondering what we use on our charts and the importance of those indicators and why we refrain ourselves from adding more and more indicators and suggest the same to others.

The following is the comment and the important points are blue and in bold.

***Especially when you pointed out that the pac (price action channel) is the same
as the short term guppy traders! (This is one of the key's)*** The reason I use the
pac instead of the short term trader guppy's is imho the pac shows us more than the
short term guppy's and gives off better entry/exit signals. The short term guppy are
good but so is the pac. The long term investor guppy's show us the trend & where the
institutions are sitting! Used together the long term guppy & the pac will show us the way***

Add in the Tdi with the levels and they will guide us. (trend, level's,tdi). Follow the yellow
brick road...

sj

If you are wondering what the "yellow brick road is..." head over to http://www.compassfx.com/video/ and watch the 5th video from top labelled Keeping It Simple: Follow the Yellow Brick Road.

Its a great website with 500 plus FREE videos and you don't have to pay for anything.

Kindest Regards
  • #47,932
  • Dec 30, 2014 10:30am Dec 30, 2014 10:30am
Quoting kingpips288
{quote} Hi Sj, I've always enjoyed reading your posts. May I ask you some a questions? After you set your order, do you wake up in the middle of the night to see the close of the next H4 candle? Do you aware that the next candle's color or the TDI direction have changed? It seams that you come back to manage your trade "only" 8 hours later at around 5:30am of your time. Correct me if I'm wrong. Thanks. King
Hi Kingpips,

I used to get up in the middle of the night but I'm getting old.
I found out that the apb's run 3-8 candles of the same color.
I try to enter the #2 apb. (#1 is the set up apb) & liquidate out
on candle #3 or #4 (8 hrs later). It's still a safe trade but I've
taken most of the momentum out of the trade.

I try to be out of the trade by 11:30 a.m. N/Y time. It's lunch time
in N/Y & the market dies down. My trades are 8-9 hrs long then
I'm out... I always know which apb I'm on (apb 2,3,4,5)...

sj
  • #47,933
  • Dec 30, 2014 10:37am Dec 30, 2014 10:37am
Quoting MrAussieFX
Hi SJ, I believe you won't mind me copying one of your comments from past posts which u replied to one of my post and I think it is worth mentioning one more time here. As this TMS community is growing day by day and many new members may be wondering what we use on our charts and the importance of those indicators and why we refrain ourselves from adding more and more indicators and suggest the same to others. The following is the comment and the important points are blue and in bold. ***Especially when you pointed out that the pac (price action...
MrAussieFx,

Thank you!

This is indeed one of the secrets. I would suggest that everyone use this
The "yellow brick road" is awesome...

sj
  • #47,934
  • Dec 30, 2014 10:38am Dec 30, 2014 10:38am
USD JPY
Attached Image (click to enlarge)
Click to Enlarge Name: usd jpy.png Size: 56 KB
  • #47,935
  • Dec 30, 2014 10:46am Dec 30, 2014 10:46am
Quoting dan78
{image}
my indi doesnt show like yours

can you repost the pivot indi to check if i got the right one
  • #47,936
  • Dec 30, 2014 10:54am Dec 30, 2014 10:54am
Quoting shay14
{quote} my indi doesnt show like yours can you repost the pivot indi to check if i got the right one
Attached File(s)
File Type: mq4 Auto-Pivot_Plotter_Weekly_V2__1.mq4   11 KB | 402 downloads
  • #47,937
  • Dec 30, 2014 10:58am Dec 30, 2014 10:58am
Quoting dan78
{quote} {file}
sorry to be a pain, can you upload the ex4 file?

trying to compile it but its not working for some reason, how inconvenient
  • #47,938
  • Dec 30, 2014 11:01am Dec 30, 2014 11:01am
Quoting shay14
{quote} sorry to be a pain, can you upload the ex4 file? trying to compile it but its not working for some reason, how inconvenient
Attached File(s)
File Type: ex4 Auto-Pivot_Plotter_Weekly_V2__1.ex4   18 KB | 409 downloads
  • #47,939
  • Dec 30, 2014 11:03am Dec 30, 2014 11:03am
I don't usually trade this time of the day, but this seemed like too good of an opportunity to pass up, maybe it'll run later tonight, I'm going to watch this one pretty close to see how it relates to the PAC
Attached Image (click to enlarge)
Click to Enlarge Name: jpy.jpg Size: 181 KB
  • #47,940
  • Edited 12:04pm Dec 30, 2014 11:22am | Edited 12:04pm
Quoting MrAussieFX
Add in the Tdi with the levels and they will guide us. (trend, level's,tdi).
What are "the levels"? I have Dean's DOTS, but I'm not always finding those levels helpful in opening a trade. (I think I know the answer: "Read the thread.."
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