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Trading Made Simple

  • #47,941
  • Dec 30, 2014 9:58am Dec 30, 2014 9:58am
Quoting snarlyjack
...These are Dean Malone's settings: smoothed 5 shift 1 low. smoothed 5 shift 1 high...
Am I correct in stating that you currently use a shift 2 and used to use a shift 3 for your PAC?

Also, for those who have HA bars and OHLC bars on their charts, is the TDI associated with the OHLC? That is what it looks like to me when I do a comparison.

Thanks for all your help with understanding!
  • #47,942
  • Dec 30, 2014 10:14am Dec 30, 2014 10:14am
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...
hey thank you so much for this link!!!! what a wealth of info, I would say I adhere a little more to dean malones take on trading with the tdi above/below 50 and I use the MBL for most of my trades, its a bit more conservative and I do miss some trades, but I trade fairly large lot sizes so I'm more comfortable being conservative most of the time, Great Link, again thanks!
  • #47,943
  • Dec 30, 2014 10:20am Dec 30, 2014 10:20am
Quoting snarlyjack
I put on 4 trades last night & went to bed.
Was that around 10:00 p.m. Pacific time?
  • #47,944
  • Dec 30, 2014 10:41am Dec 30, 2014 10:41am
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...

SJ, I would LOVE to see more of these kinds of posts from you.

I'm an hour ahead of you (central standard time), stayed awake for LO, didn't go to sleep until almost 5am my time, and still walked away with zero pips. Am currently in my mid-40's and am already "too old" for such antics. Posts like yours are very inspirational.
  • #47,945
  • Dec 30, 2014 10:44am Dec 30, 2014 10:44am
Hi everyone Merry Christmas and a Happy new year to all, and i hope your all doing well, been reading the thread from the beginning, when Big E Started it, but its too long to read from the start and so much has changed since the thread was started, can anyone point me to a post or page that explains the rules used by most of you at this present time? also not essential at this point but if you also know where to get the template and or indicators that would be great, many thanks Jon
  • #47,946
  • Dec 30, 2014 11:15am Dec 30, 2014 11:15am
Hi Emmanuel
I assume that you are able to code? I want an EA with just one indicator, being always in the market. As the attached screenshot shows the change of the coulored dots shoud exit the last trade and enter a new one.
I must add that I only have an ex-file.
Thanks for your help
Attached Image (click to enlarge)
Click to Enlarge Name: Germany30H1 30.12.png Size: 74 KB
  • #47,947
  • Dec 30, 2014 2:00pm Dec 30, 2014 2:00pm
Good day citizens of the TMS system . Rosu to forgive me for my English, I have a question. If you look at the action, then I think it can be very not bad to work on a system, what do you say? Did anyone of you to trade stocks?
Attached Image (click to enlarge)
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  • #47,948
  • Dec 30, 2014 2:02pm Dec 30, 2014 2:02pm
Quoting montego
Hi everyone Merry Christmas and a Happy new year to all, and i hope your all doing well, been reading the thread from the beginning, when Big E Started it, but its too long to read from the start and so much has changed since the thread was started, can anyone point me to a post or page that explains the rules used by most of you at this present time? also not essential at this point but if you also know where to get the template and or indicators that would be great, many thanks Jon
Hi Montego.

Actually not all that much has changed since Big E initially presented TMS. I think most traders have dropped the stochastics as it tends not to sync to well with the TDI. Aside from that, the core TMS principles presented by Big E remain the same.... entry on candle #1 or #2 following a TDI cross or bounce.

All of the extra stuff you see on everyone's charts now is just personal preference and extra confirmation for filtering out those bad trades. The rules and template you'll need to use will largely depend on the timeframe you wish to trade. For Daily trading, I'd recommend looking at Britpip's separate thread, "Trading Made Simple for Day Charts." For 4Hr trading, have a look at Emmanuel and SnarlyJacks posts and templates. For 1Hr trades, have a look through the Phx62 PDFs in the paperclip of this thread.

I'm unsure on your experience in the markets but its also worth mentioning that whilst the methods are largely unchanged, the markets have changed drastically since the start of this thread with a major drop in volatility over the past 5 years. This is worth bearing in mind when setting realistic goals and profit targets.

Hope this helps! Best of luck!
Focus on the process and the profits will follow
  • #47,949
  • Dec 30, 2014 2:09pm Dec 30, 2014 2:09pm
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...
LOL! ...are you sleeping on the job again SJ... congrats mate
  • #47,950
  • Dec 30, 2014 2:19pm Dec 30, 2014 2:19pm
Quoting TheScorpS
Thank you SJ, glad you tech us how to make it so simple, it might be fa 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,...
Just great trading TSS.... Congrats

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
Well done MrAussieFX ... perfect setup mate
  • #47,951
  • Dec 30, 2014 2:25pm Dec 30, 2014 2:25pm
Quoting steadyrandy
{quote} Am I correct in stating that you currently use a shift 2 and used to use a shift 3 for your PAC? Also, for those who have HA bars and OHLC bars on their charts, is the TDI associated with the OHLC? That is what it looks like to me when I do a comparison. Thanks for all your help with understanding!
[SJ would know this answer to the first part - my guess is that the standard setting is shift = 1 ???]

Normally all indis are related to price (be it Close, Open... OHLC) even the ones that project into the future like parts of Ichimoku - for TDI this is through the RSI [there are various versions of TDI but the idea is the same] - even though it uses averages of RSI, RSI itself is found from price... not sure if this answers your question? RSI is an osc so it will show over-sold/bought zones in comparison to PA - this may be what you are thinking of? Does not remain so true when there is a strong trend...
  • #47,952
  • Dec 30, 2014 2:40pm Dec 30, 2014 2:40pm
1 last hurrah for 2014
took GA for 50 pips last night
saw a bounce on 4h chart 2h before LO and got in, set tp for 50 pips and sl on the high of the bounce candle
Attached Image (click to enlarge)
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Daniel
  • #47,953
  • Dec 30, 2014 2:42pm Dec 30, 2014 2:42pm
Quoting Greenb
1 last hurrah for 2014 took GA for 50 pips last night saw a bounce on 4h chart 2h before LO and got in, set tp for 50 pips and sl on the high of the bounce candle {image}
Nice one Greenb, i think things are starting to pick up a bit, hopefully
  • #47,954
  • Dec 30, 2014 3:03pm Dec 30, 2014 3:03pm
Quoting griffinssoul
{quote} Nice one Greenb, i think things are starting to pick up a bit, hopefully
hopefully
if not, ill wait for a week after new year. no reason not to enjoy the day ;p
Daniel
  • #47,955
  • Dec 30, 2014 3:11pm Dec 30, 2014 3:11pm
Quoting mary4x
{quote} 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.."
Thanks Wyley and Mary4x,

Appreciate your time. Mary4x, I think this is what SJ meant but it would be great if SJ answers your question.
I've marked levels and what they are used for in the chart below, Hope it helps.
Attached Image (click to enlarge)
Click to Enlarge Name: Levels on TMS template.png Size: 333 KB


Kindest regards
  • #47,956
  • Dec 30, 2014 3:16pm Dec 30, 2014 3:16pm
Quoting Greenb
{quote} hopefully if not, ill wait for a week after new year. no reason not to enjoy the day ;p
sounds good to me
  • #47,957
  • Dec 30, 2014 5:46pm Dec 30, 2014 5:46pm
Quoting griffinssoul
{quote} Just great trading TSS.... Congrats {quote} Well done MrAussieFX ... perfect setup mate
Appreciate it griffinssoul, been trading Gold recently with TMS and EMA 10 , and this beast works good with TMS
I Have Learned to Take Some Losses to Make Profits
  • #47,958
  • Dec 30, 2014 5:52pm Dec 30, 2014 5:52pm
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...
sj;

Very impressive result, I live on the west coast like you and hope one day i have the same achievement like you.

yao
  • #47,959
  • Dec 30, 2014 5:59pm Dec 30, 2014 5:59pm
Just wondering, how is it that there's "good news" just out for the JPY (meaning jpy pairs should go down because the jpy is going up) and every jpy pair drops as expected..... except for the AJ, which is the one that I chose to short and got stopped out of ?!?

  • #47,960
  • Dec 30, 2014 6:28pm Dec 30, 2014 6:28pm
Quoting mary4x
{quote} 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.."
Hi Mary,

These are the s/r level indicators that I have.

The dsr & asr is from Dean Malone.
The sup/dem mod is from Lastingwell.
The auto-pivot is from Dan78

All 4 of them are very good but just a bit different from each other.

Thanks MrAussieFx for all your help!

sj
Attached File(s)
File Type: ex4 Synergy_Pro_DSR.ex4   6 KB | 474 downloads
File Type: ex4 Synergy_Pro_ASR.ex4   5 KB | 461 downloads
File Type: mq4 Auto-Pivot_Plotter_Weekly_V2__1.mq4   11 KB | 455 downloads
File Type: ex4 II_SupDemMOD.ex4   20 KB | 480 downloads
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