Trading Made Simple | Page 2435 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Monitor for 'Trading Made Simple' system 565 replies

Trading Made Simple the right way, and other trading lessons 334 replies

Indicators for the 'Trading Made Simple' system 343 replies

MTF Indicators for the 'Trading Made Simple' system 241 replies

Trading Made Simple system follower - Thanks to eelfranz 9 replies

Attachments: Trading Made Simple
Exit Attachments

Trading Made Simple

  • #48,681
  • Jan 6, 2015 7:18am Jan 6, 2015 7:18am
Hi, TMS-members!
Pls,attach TDI with Panel ( 1H 4H Daily). Thanks.
  • #48,682
  • Jan 6, 2015 7:52am Jan 6, 2015 7:52am
guys, what is the main timeframe trend that you follow?

say on the 15 min chart, would you trade in the direction of the Daily TDI?

seems like alot of traders follow whatever the daily is doing
  • #48,683
  • Jan 6, 2015 7:58am Jan 6, 2015 7:58am
Quoting Ballistical
+50 on EA H1 this morning... LO candle couldn't break the high formed by Frankfurt and drew back forming a double top (Yellow bar on chart) Entry was not strictly TMS since TDI hadn't fully crossed but the decision to enter was reinforced by the double top, turning of TDI green (signalling cross would follow), and the primary downward trend. Done for the day {image}

Please throw off indicator that shows session cubes on your chart
  • #48,684
  • Jan 6, 2015 7:58am Jan 6, 2015 7:58am
This trade is taken on the teachings of AdiKashyap and Emmanuel , thanks alot , you have enlighten me to use the scale in strategy, for those that looking to scale in, use it on Demo first, be proficient in that and then u can take it up to live, please don't follow my advise in that, follow ur own

First trade opened on the break of LO H1 bar, PA hesitated a bit, at +10 pips, but continued downtrend and when at +20 added the second position, PA at the opens of the second trade already retraced back to EMA 10 on lower time frame, so went with second position on the rejection of EMA 10 on lower time frame, since I have been using EMA 10, I can use it as well in scale in

Both position at predefined TP +50 first and + 30 second
Attached Image (click to enlarge)
Click to Enlarge Name: EA_H1.jpg Size: 338 KB
I Have Learned to Take Some Losses to Make Profits
  • #48,685
  • Jan 6, 2015 8:00am Jan 6, 2015 8:00am
Good morning everyone,

The Tms forum is really moving. I can barely
keep up. Which is good. I've got some reading
to do. Hope everyone did good last night.

sj
  • #48,686
  • Jan 6, 2015 8:17am Jan 6, 2015 8:17am
Quoting stevepatt
{quote} Hi montego; Trading with the Trend will never be a bad decision. The closer you are to a change in Market Structure the Stronger your chance of success with a Trade. I hope the charts below show how Market Structure can be Traded by just looking for the Pullbacks in the Primary Trend and then looking for the best opportunities to take Trades in line with the Primary Trend. It doesn't really matter what you use to enter Trades as long as you know where to be looking to take them and which direction to Trade. {image} {image} {image} {image}...
Stevepatt,

Your expertise is absolutely perfect
Thank you for your help!
sj
  • #48,687
  • Jan 6, 2015 8:18am Jan 6, 2015 8:18am
22 pips on gbp usd
Attached Image (click to enlarge)
Click to Enlarge Name: 22 pips.png Size: 40 KB
  • #48,688
  • Jan 6, 2015 8:19am Jan 6, 2015 8:19am
Quoting stevepatt
{quote} Hi montego; If you look at being 5 pips plus spread above that Swing Point
Thanks Steve Got It
  • #48,689
  • Jan 6, 2015 8:20am Jan 6, 2015 8:20am
Quoting snarlyjack
Good morning everyone, The Tms forum is really moving. I can barely keep up. Which is good. I've got some reading to do. Hope everyone did good last night. sj
Morning SJ
  • #48,690
  • Jan 6, 2015 8:21am Jan 6, 2015 8:21am
Quoting sknight1
Stopped out for +168 {image}
Sknight,

Your trade & stop loss are perfect!
Your on your way
sj
  • #48,691
  • Jan 6, 2015 8:30am Jan 6, 2015 8:30am
Quoting shabba
{quote} How you entered the trade? How you can tell where it will go, or how you tell that it will further push a direction ? What are the dotted lines, horizontal(that is on low) and the vertical dotted. And the small yellow ones? Thank you And good work on that GN, i entered long......
Shabba,

Nice meeting you & welcome to Tms.
To get you up to speed very quickly, I would
suggest that you read all my posts starting in
the middle of October. The posts has my chart set-up,
entry's, exit's, etc. It will only take a few hours to get up
to speed.

Once again welcome to Tms...

sj
  • #48,692
  • Jan 6, 2015 8:36am Jan 6, 2015 8:36am
Quoting TheScorpS
This trade is taken on the teachings of AdiKashyap and Emmanuel , thanks alot , you have enlighten me to use the scale in strategy, for those that looking to scale in, use it on Demo first, be proficient in that and then u can take it up to live, please don't follow my advise in that, follow ur own First trade opened on the break of LO H1 bar, PA hesitated a bit, at +10 pips, but continued downtrend and when at +20 added the second position, PA at the opens of the second trade already retraced back to EMA 10 on lower time frame, so went with second...
ScorpS I really like you indi that shows the grey lines with yesterdays highs and lows and H4 High and low, could you Tell me where to get it from please? cheers m
  • #48,693
  • Jan 6, 2015 8:38am Jan 6, 2015 8:38am
Quoting emmanuel7788
{quote} Hi Folks, Now you know which pill choice you have. Its can either be the blue or the red. Next, you read this book and this can be the start of your transformation journey to become a super trader. {image} Once you know when and where to do the turnaround thing, you will be in the right path. I wish you a smooth journey.
Hey Emmanuel,

Is the book available on-line somewhere?
I would love to read the book!
Thanks, what a good idea...
sj
  • #48,694
  • Jan 6, 2015 8:43am Jan 6, 2015 8:43am
Quoting montego
Just took this as a 4h bounce trade with the trend, im learning so any comments negative or positive all welcome, would have liked the tdi to have been on a better angle if im honest, cheers guys {image}
Montego,

Your chart looks good! I would try to make
it as clean as possible. The cleaner & simpler
the better.
sj
  • #48,695
  • Jan 6, 2015 8:47am Jan 6, 2015 8:47am
Quoting snarlyjack
{quote} Montego, Your chart looks good! I would try to make it as clean as possible. The cleaner & simpler the better. sj
snarly jack, if you were on any chart time frame, which chart would be your main trend to trade, especially the TDI trend?
  • #48,696
  • Jan 6, 2015 8:51am Jan 6, 2015 8:51am
Quoting nefilim
learn this system since december, and still test on demo account using TF 15M and TP only 5 pips and the results is very good.. Today results scalping 5 pips on TF 15M PS : sorry for my bad english {image}
Nefilim,

Nice meeting you & welcome to Tms.

Tms works on any time frame!
It's a pretty good system...
But you gotta be good to trade the 5 minute
charts
Welcome to Tms.
sj
  • #48,697
  • Jan 6, 2015 8:57am Jan 6, 2015 8:57am
Quoting stevepatt
{quote} Hi montego; I'd be placing my SL above the MRAH, because if the Market breaks above the MRAH my H4 Bias would shift to Bullish, and looking at the Swing Low for a possible TP as long as I was making at least 1:1 Risk to Reward
Thanks Steve hit TP at 39.5 pips, was going to close it at a loss until you guided me, lesson learned im too impatient
Attached Image (click to enlarge)
Click to Enlarge Name: 60 pips.png Size: 42 KB
  • #48,698
  • Jan 6, 2015 8:58am Jan 6, 2015 8:58am
Quoting shay14
{quote} snarly jack, if you were on any chart time frame, which chart would be your main trend to trade, especially the TDI trend?
Shay,

Because of where I live, west coast of the USA &
the time difference to the L/O. The L/O is 2:00 a.m.
my time in the morning...

But my favorite chart is the daily chart. First of all
it's super accurate and I can set my trades and forget
them for awhile. My next favorite is the 4 hour then
the 1 hour.

When I trade the 5 minute & 15 minute charts I lose
my ___! But their are some super good short term
traders in here that are way better traders than me

sj
  • #48,699
  • Jan 6, 2015 8:58am Jan 6, 2015 8:58am
Quoting snarlyjack
{quote} Stevepatt, Your expertise is absolutely perfect Thank you for your help! sj

Hi sj;

Getting into Trades I now find the "easy" bit, it's Managing the Trade once I'm in that I now find the "hard" bit.

My biggest failing is becoming too attached to my Trade, my Stop Loss is always set in STONE once set I never extend it but I also find it difficult to be flexible with my Take Profit once I've set it.

What I mean by this is if I set my TP at 2x my SL I find it difficult to reduce my TP if the Market starts reversing against my TP.

I guess I will have to be very vigilant in how I set my TP level, the AUD/USD Trade below is an example of not being too greedy when setting your TP.
Attached Image (click to enlarge)
Click to Enlarge Name: 6th Jan 15 AUD:USD W1:D1 Chart.png Size: 162 KB
  • #48,700
  • Jan 6, 2015 9:08am Jan 6, 2015 9:08am
Quoting stevepatt
{quote} Hi sj; Getting into Trades I now find the "easy" bit, it's Managing the Trade once I'm in that I now find the "hard" bit. My biggest failing is becoming too attached to my Trade, my Stop Loss is always set in STONE once set I never extend it but I also find it difficult to be flexible with my Take Profit once I've set it. What I mean by this is if I set my TP at 2x my SL I find it difficult to reduce my TP if the Market starts reversing against my TP. I guess I will have to be very vigilant in how I set my TP level, the AUD/USD Trade below...
Stevepatt,

I realize where I live effects how I trade.
What Eelfranz taught us works really good.
Set your trades on the last 4 hour bar before the
L/O & close out on the first N/Y 4 hour bar.

In other words (my times) 11:00 p.m. bar, set trades.
3:00 a.m. bar, let it ride. 7:00 a.m. bar, liquidate out.
This works like 90% of the time.

I don't move my stop loss, I just sleep through the
whole thing. I realize it sounds crazy...but it works like a charm!
sj
95 traders viewing now, 2 are registered:
,
swcon