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Trading Made Simple

  • #51,341
  • Jan 27, 2015 8:18am Jan 27, 2015 8:18am
Quoting Ballistical
Caught +50 on EA H1 this morning. Excellent TMS entry (nice TDI cross following a triple bottom) visible at Frankfurt open but I wasn't at my PC then. Took a bit of a chance with a late entry just before LO relying on London momentum to carry it over the 200EMA. It seems there was just enough. {image}
Ballistical,

Excellent
Keep on trucking to the next 100 trades!
Congrat's.
sj
  • #51,342
  • Jan 27, 2015 8:19am Jan 27, 2015 8:19am
Quoting ZeF
{quote} Thanks for posting this. What an amazing setup - Candle 1 on entry - away from PAC, away from Institution, away from Daily Open, TDI cross over 50. Pips just screaming for you to get in and collect them. Fantastic!
Thanks ZeF. Although I have traded on/off for 7 years with very mixed results, I've only been following TMS since last October and it's taken me until this last few weeks to nail down my favoured time frame, indi's and method. This is the only type of set up I look for now. Still making stupid mistakes, but that's me not the method! Great support here helps a massive amount.
Ray
  • #51,343
  • Jan 27, 2015 8:20am Jan 27, 2015 8:20am
Quoting fxray
Todays trade - Daily showed a reversal candle. Waited for a 1hr close above 200ema bouncing off daily open. Cross on TDI, above 50 & MBL rising. Target ADR. {image}
nice bag Ray
Appreciation is the key to wealth and happiness
  • #51,344
  • Jan 27, 2015 8:23am Jan 27, 2015 8:23am
Quoting likica
{quote} nice bag Ray
Thanks likica - really starting to get to grips with this Aim is to be 1 pip behind you
Ray
  • #51,345
  • Jan 27, 2015 8:25am Jan 27, 2015 8:25am
Quoting fxray
{quote} Thanks likica - really starting to get to grips with this Aim is to be 1 pip behind you Ray
PS: Hope the chart and what I looked for helps someone else get to grips with this quicker than me
  • #51,346
  • Jan 27, 2015 8:29am Jan 27, 2015 8:29am
Quoting ZeF
{quote} radiant army, Thanks for your comment. I won't enter unless setup candle breaks free of guppy and is heading away from PAC and Daily Open with at least 50 pips from closest resistance level on my trade direction. I never enter against institutions even if TDI screams. From what I can discern, Institutional volumes are huge and if you're short in a position where they're long on you, you're a sitting duck. Many thanks for all senior members for making things so clear for us newbies. {image}
Zef,

As a swing trader & position trader I'd think twice before
taking a counter trend trade. But my trades are 8-10
hours long. If I were a intra-day or scalper trader, I would
give some of them a shot... It is easier for the people
who live in England, it is much harder if you live where
I live (west coast of USA). Imho, it depends on where you live.

But your right, the institutions can & will take you out
in a heartbeat...
sj
  • #51,347
  • Jan 27, 2015 8:32am Jan 27, 2015 8:32am
Quoting fxray
Todays trade - Daily showed a reversal candle. Waited for a 1hr close above 200ema bouncing off daily open. Cross on TDI, above 50 & MBL rising. Target ADR. {image}
Fxray,

Your trade & analysis is perfect!
Keep trucking forward
sj
  • #51,348
  • Jan 27, 2015 8:32am Jan 27, 2015 8:32am
Quoting fxray
{quote} Thanks ZeF. Although I have traded on/off for 7 years with very mixed results, I've only been following TMS since last October and it's taken me until this last few weeks to nail down my favoured time frame, indi's and method. This is the only type of set up I look for now. Still making stupid mistakes, but that's me not the method! Great support here helps a massive amount. Ray
TDI and the adjacent criteria such as PAC, DO and Guppy, courtesy of big e, sj, emmanuel, cigarguy and other seniors are absolutely killing it.
Best regards, Zef
  • #51,349
  • Jan 27, 2015 8:36am Jan 27, 2015 8:36am
Quoting ladharimoham
Hello , My two first trades this morning with this system , Interesting method ... +50 USD/JPY +60 EUR/USD Thanks Eefranz {image} {image}
Ladharimoham,

Welcome to Tms!

Your first 2 trades were excellent!
Tms is a very interesting system.
The secret is to read, read, read &
practice, practice, practice...

Congrat's & welcome...
sj
  • #51,350
  • Jan 27, 2015 8:40am Jan 27, 2015 8:40am
Hello all, i was watching this thread since last year, and tried it and it works wonders thanks to BigE and anyone here helping with the TMS , i just decided to join FF this week to continue learning more on TMS.
  • #51,351
  • Jan 27, 2015 8:52am Jan 27, 2015 8:52am
Quoting sooma22
Hello all, i was watching this thread since last year, and tried it and it works wonders thanks to BigE and anyone here helping with the TMS , i just decided to join FF this week to continue learning more on TMS.
Sooma,

Welcome to Tms,

The secret is to read at least the last 3 month's of posts,
train your eyes to follow the different entry's & exits.
Practice, practice, practice & read Big E pdf file.
If you have any questions please feel free to ask. Their
are a lot of super good traders here, who can help you!

Once again welcome...
sj
  • #51,352
  • Jan 27, 2015 9:10am Jan 27, 2015 9:10am
Another abandoned setup on AU H1 Chart. Most conditions fulfilled but price at the edge of resistance levels tells me not to enter.

Thoughts anyone ?

Attached Image (click to enlarge)
Click to Enlarge Name: Unbenannt.png Size: 76 KB
Best regards, Zef
  • #51,353
  • Jan 27, 2015 9:12am Jan 27, 2015 9:12am
Here is a training chart for you.

The gbp/usd (daily chart).
(It's not ready for a entry yet!)

I'm looking for the gbp/usd to roll over & get
back in line with the long term trend. Their
is a ton of resistance by the institutions. You
have s/r lines & the guppy's on top of the price.
It is going to be very difficult for price to break
through all of these levels.

These are the kind of signs that I watch for...
I'm a patient trader & I'll watch it until it's ready for a short position.
sj
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 68 KB
  • #51,354
  • Jan 27, 2015 9:16am Jan 27, 2015 9:16am
seems GJ wants to climb higher ...
above 200 ema
h1 / H4 direction pointing up too
Regards
  • #51,355
  • Jan 27, 2015 9:16am Jan 27, 2015 9:16am
Quoting ZeF
Another abandoned setup on AU H1 Chart. Most conditions fulfilled but price at the edge of resistance levels tells me not to enter. Thoughts anyone ? {image}
Hi Zef, my thoughts are the Daily candle was a solid sell candle, Yellow brick road was down, guppies down, tdi down (though starting to hook today). 4hr - candles tied up in the yellow brick road, whilst TDI is up MBL is down. At best I would have thought sells had the edge - but for me no trade. 1hr price still tied up in the guppies - MBL up which is opposite to 4hr MBL so a conflict exists.
  • #51,356
  • Jan 27, 2015 9:18am Jan 27, 2015 9:18am
Quoting ZeF
Another abandoned setup on AU H1 Chart. Most conditions fulfilled but price at the edge of resistance levels tells me not to enter. Thoughts anyone ? {image}
Zef,

I like your plan!

It is going to be very difficult for the aud/usd
to break through the guppy's & s/r lines.
I'm watching it for a short position...but it's
not quite ready yet, but it's getting their...
sj
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDDaily.png Size: 68 KB
  • #51,357
  • Edited 9:32am Jan 27, 2015 9:18am | Edited 9:32am
Quoting ZeF
Another abandoned setup on AU H1 Chart. Most conditions fulfilled but price at the edge of resistance levels tells me not to enter. Thoughts anyone ? {image}
ZeF,

IMO your analysis is right on and you have a daily resistance of 0.79750 just a few pips above as well. Might have been good for a scalp but risky....sometimes dropping down to a lower t/f will show you the way as well keeping in mind that all trends start from there......

Regards,
Cigarguy
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDiM15.png Size: 76 KB
Keep It Simple
  • #51,358
  • Jan 27, 2015 9:20am Jan 27, 2015 9:20am
Hi Sj and Emmanuel

Could you guys please explain how you review your trades? Do you guys keep a journal and if so how do you maintain and review it.

Your response would be much appreciated

Thanks
  • #51,359
  • Jan 27, 2015 9:27am Jan 27, 2015 9:27am
Quoting snarlyjack
{quote} Zef, I like your plan! It is going to be very difficult for the aud/usd to break through the guppy's & s/r lines. I'm watching it for a short position...but it's not quite ready yet, but it's getting their... sj {image}
SJ,
Your observations make so much sense. Looking at the daily/H4 charts, I see why the H1 setup is a no-go and resisting. Overall trend down and a H1 candle ain't breaking that.


Quoting fxray
{quote} Hi Zef, my thoughts are the Daily candle was a solid sell candle, Yellow brick road was down, guppies down, tdi down (though starting to hook today). 4hr - candles tied up in the yellow brick road, whilst TDI is up MBL is down. At best I would have thought sells had the edge - but for me no trade. 1hr price still tied up in the guppies - MBL up which is opposite to 4hr MBL so a conflict exists.
Ray,
A look at the bigger picture - H4 or daily shows institutions right on top of the shorting situation. They got things in control and going against would have been self-hurting. But the candle warned us even on the H1 chart narrow view - by failing to break resistance.
Best regards, Zef
  • #51,360
  • Jan 27, 2015 9:29am Jan 27, 2015 9:29am
Quoting kingdomk
Hi Sj and Emmanuel Could you guys please explain how you review your trades? Do you guys keep a journal and if so how do you maintain and review it. Your response would be much appreciated Thanks
Kingdomk,

I review all my trades, just to see if my analysis
was correct/incorrect. Entry/exit's, pac, guppy's, s/r levels,
stop/loss. I always ask myself what can I do to get better,
more accurate...more profitable!

I personally do not use a journal, but it's a good idea.
I know of people who take a screen shot of all their
trades with their notes & put them in a binder for future
reference. Then they study them...

I always ask myself... how can I get better
sj
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