Trading Made Simple

Quoting snarlyjack

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{quote} Shabba, Your on your way... If I were you (knowing where you live) I would trade the L/O. Put your stop loss on the high/low of the swing 1 or 2 candles back. Not sure what you mean about volume's? All the major's have lot's of volume... As a brand new trader I would use the guppy's (ema/close) 30,35,40,45,50,55,60. this will help you adjust your eye's to exactly what were looking for in the trend & retracements. sj

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Quoting emmanuel7788

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{quote} Trading is a skill-based activity. 10,000 hours of practice, practice, practice till you reach Deep Practice makes a great difference. I watched the 'paint dry over and over again'... .

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Quoting sknight1

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{quote} Thanks Scorps. Nice to know that I haven't offended anyone with my naked charts. I think the most important part of any trading method / style is to find one that suits each individual. Which is why I don't discredit TMS, TDI, APB, or any combination thereof. Just because they may not work for me, doesn't mean they won't work for someone else.

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Quoting snarlyjack

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{quote} Likica, Your a way better short term trader than I am! Way to go...that is such a pretty chart sj

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Quoting Gracias

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Just wanted to drop a Hi to the community. I just freshly walked into fx few days ago, learning terms used in fx, such as pips and leverage and stuff. Slowly though. And found FF and TMS is the 1st thread I read. Sounds very interesting and simple, theoretically. Understd that practice makes perfect for TMS. So start reading technique on TMS and decided to practice with a micro account and trade very very very small lot. Cuz practice in demo, the psychology is different. So decided to train using small small amount of real money though. This is...

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Quoting zhangshuo

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{quote} hi, sj: I have a question regarding levels, hope u don't mind since we are using the same chart template(APB, PAC...): "You said 'market moves from level to level', so what do you do when price does get to these levels? How do you tell if they will hold or not?" THX for your time and help!

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Quoting Marin0s

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{quote} Yes that is correct, at the moment I am only checking 4H chart. You need to be patient but I notice I am not checking the charts all the time, leaves me enough time for other things! I took this 4H trade yesterday AUDUSD, went to bed; woke up +26pips, closed trade when I went to work. {image}

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Quoting snarlyjack

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{quote} Gracias, Welcome to Tms Your doing great...so far so good! If I can make a suggestion, go & read all my posts since October of 2014. It will help you to get up to speed very quickly. Two hours at the most... Nice meeting you! sj

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Quoting Marin0s

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{quote} Yes that is correct, at the moment I am only checking 4H chart. You need to be patient but I notice I am not checking the charts all the time, leaves me enough time for other things! I took this 4H trade yesterday AUDUSD, went to bed; woke up +26pips, closed trade when I went to work. {image}

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Quoting Marin0s

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{quote} Yes that is correct, at the moment I am only checking 4H chart. You need to be patient but I notice I am not checking the charts all the time, leaves me enough time for other things! I took this 4H trade yesterday AUDUSD, went to bed; woke up +26pips, closed trade when I went to work. {image}

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Quoting snarlyjack

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Dan78, I just read on the internet that their was an attack in Paris. Keep your head down & be safe! Another terror attack. Were praying for all of you! sj

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Quoting snarlyjack

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{quote} Hi Cristy, I have a suggestion for you. My favorite time frame is the daily chart. By trading the daily you will have time for your family, work, life, etc. I trade off the daily chart all the time. Put on your trade in the Asia session, check on it in the London session & close out in the N/Y session. Rinse & repeat everyday. You will have lot's of time for life! Imho, it is the best way to trade Use the same system... just a better time frame for you & your life. If you need any help please feel free to ask. sj

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Quoting benaiah

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{quote} Been trying to ween myself off of intra-day trading, so I'm not glued to the screen all the time. So far, haven't been able to do it. So easy to look at past history and see where a position could be held for a few weeks to net 1000 pips. Harder to hold the position without jumping in/out at every sneeze on lower time frames. Will be trying to do both intra-day and daily chart trading and maybe I'll finally see the benefit of "working less"

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Quoting shabba

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{quote} My mistake, lot in my native target is volume.... i was reffering to lot size....any suggestion ? L/O - london openning ? Can you attach Guppy ? And , should i trade H1 ? And, the exits for are on H1 ? or go below ? m15 ? And attached is the trade i took on GA at 16:00 cross. any pointers? {image}

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Quoting likica

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{quote} Morning SJ, thanks for your encouragement. I m getting there eventually. I see there r lots of reading and replies for you to others

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Quoting snarlyjack

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{quote} Shabba, Yes, the London open. You have to input the guppy moving averages. Moving average ema, close, 30,35,40,45,50,55,& 60. They will help train your eyes to the trend. I would just demo trade for awhile & get used to the system. It takes awhile to really learn how to trade. So relax, have fun, and learn as much as possible. Their are a lot of great traders here who will help you... sj

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Quoting stevepatt

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{quote} Hi Marin0s; I now mainly Trade only Daily Charts sometimes H4 never any lower. My reasons for doing this are I can usually catch every Setup, unless I'm away travelling, I have plenty of time to access the Trade Setups and have Little Stress whilst I Trade. Like I've said, before, I used to Trade M15 even M5 Charts because I wanted more action, for me, this just meant less consistent results and far more stress. I now have more time on my hands and better Trading results but everyone is different and it's up to each individual to find what...

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