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Trading Made Simple

  • #53,281
  • Feb 13, 2015 2:21pm Feb 13, 2015 2:21pm
Hi guys

Would any of you know why I can't upload charts from computer all of a sudden. Each time that I've tried I've been bounced back out of this thread to what looks like the news page. I've not had this happen before so if anyone knows how to fix the problem or suggest a soution I'd be grateful...many thanks

LL
  • #53,282
  • Feb 13, 2015 2:28pm Feb 13, 2015 2:28pm
Quoting likica
{quote} Thanks BTrade. Here you are {file}
Thanks a lot my friend!
There is no place for wimps
  • #53,283
  • Feb 13, 2015 5:06pm Feb 13, 2015 5:06pm
EU +24 pips. Entered a bit late so had to endure 12 pips drawdown.
Attached Image (click to enlarge)
Click to Enlarge Name: 13.2 EU 24pips.jpg Size: 226 KB
  • #53,284
  • Feb 13, 2015 5:08pm Feb 13, 2015 5:08pm
Quoting Landline
Hi guys Would any of you know why I can't upload charts from computer all of a sudden. Each time that I've tried I've been bounced back out of this thread to what looks like the news page. I've not had this happen before so if anyone knows how to fix the problem or suggest a soution I'd be grateful...many thanks LL
LL,

I think that is a problem when you use a older version of Explorer browser.
Try using with Chrome or Firefox. FF has been optimized for these two browsers.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #53,285
  • Feb 13, 2015 5:15pm Feb 13, 2015 5:15pm
Quoting classy
firstly i apologizes to post here.may this is not right place but i like TMS and and all great TMS lover like great big emm (emmanuel),licka ,sj and all so i decided to post here and share my problem with my virtual family.i don't know why my log file suddenly stored abnormal size and slowed my mt4 and freez i already uninstalled and instal but no luck ..i remove all custom indi ea temp and it is run ok but when i use custom indi ea then problem start .what should i do? we know with out indi ea just fighting without weapon...i use quick trail ea...

Classy,

that is a very annoying problem when your disk space get filled up quickly with those txt log files.
there is an discussion forum on this MT4 log file issue and I'll try look for it later.
meantime, you can safely delete the old txt log files on daily basis.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #53,286
  • Feb 13, 2015 6:21pm Feb 13, 2015 6:21pm
Quoting stanvy
{quote} Thanks Emm, abit confusion here and hope you can clear this up {quote} >> do you see previous month candle to determine this? eg: previous month is bullish, APB candle shows strong bullish sign, will you predict this month as bullish month as well? what is the main element do you look for on MN chart? {quote} >> do you see it same as MN chart? thank you very much Emm!

Hi Stan,

here my answer in pdf.
Hope this will explain the top down approach.

One same Big Picture Plan, we can position trade on D chart, 4H swing trade on H4 chart and intraday trade on H1 chart. That's is the simplicity of TMS 5-Method using one TDI on our chart and the APB which makes our trading less stressful. Trade with 'PA and Supp/Res' the way Eric taught us.

Everything else you add to the method is your personal flavour but be sure that you tested that with 100 trades, then 200, 300 trades and have achieve consistent results progressively the you can share your experience using your personalised winning system with the rest of TMS family.


Have a Good Weekend.
Attached File(s)
File Type: pdf EURAUD Big Picture week 07.pdf   343 KB | 829 downloads
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #53,287
  • Feb 13, 2015 7:17pm Feb 13, 2015 7:17pm
EA H1 trades this week including breaks of trend lines at or near LO.
Trade 1. Price broke short below trend line with TDI confirmation. Entry made on a break below the Frankfurt candle and on the 3rd candle. Still within the rules of TMS and my trading plan because candle 2 did not count (no body).
Trade 2. Price broke long at LO with TDI confirmation and also broke the 3 touch trend line. Entry above high of Frankfurt candle.
Trade 3. Again, price broke long at LO with TDI confirmation and a break of the 4 touch trend line. Entry above high of Frankfurt candle.
Trade 4. LO candle is an outside bar with long wicks and small body, followed by an IB. Once price broke below the low of LO candle, entry made. TP reached on Euro news, otherwise it would have been a losing trade because I would not have moved SL to BE until trade was in profit at least 30 pips. NO TDI confirmation. TDI cross happened 2 candles prior to candles turning red. A very risky trade. I went back to bed after entry and if I had been monitoring the trade, I would have exited manually on the pullback of the bar following entry for a loss of 20 or 30 pips. Sometimes it is better to be lucky than good.
Trade 5. Price broke long 4 hours before LO. Entry made on a price break above high of Frankfurt candle and the trend line, with TDI confirmation.
Trade 6. Price pulled back from the London high. Trade entered on break of the low of the setup candle and TDI confirmation. Also a break below the same trend line as the previous trade.
Attached Image (click to enlarge)
Click to Enlarge Name: 2015.2.13.EA.H1.TL.png Size: 132 KB
  • #53,288
  • Feb 13, 2015 8:47pm Feb 13, 2015 8:47pm
Quoting emmanuel7788
{quote} Hi Stan, here my answer in pdf. Hope this will explain the top down approach. One same Big Picture Plan, we can position trade on D chart, 4H swing trade on H4 chart and intraday trade on H1 chart. That's is the simplicity of TMS 5-Method using one TDI on our chart and the APB which makes our trading less stressful. Trade with 'PA and Supp/Res' the way Eric taught us. Everything else you add to the method is your personal flavour but be sure that you tested that with 100 trades, then 200, 300 trades and have achieve consistent results progressively...

thank you so much emm,
this is really marvelous and very detailed explanation,
you're awesome as always!
  • #53,289
  • Feb 13, 2015 9:47pm Feb 13, 2015 9:47pm
2015 Week 7 - Trade Summary:

4 trades in total:
- 2 win
- 1 BE
- 1 Loss

A poor start to this week where I feel I was a little unlucky with my SL's getting hit. Things picked up towards the end of the week though and I finished with +75 pips net for +6% on the account. This will go some way towards recovering from the technical issue which hit me last week.

Monday: Took entry short at LO on a break below Frankfurt. The trade was headed for the 200EMA but I considered that London momentum would probably break right through this. Moved SL to BE at around +25 when price touched the MA. Unfortunately a rejection of the MA took me out by one pip only to go on and continue to my TP.

Tuesday: Took entry on LO candle, again on a break of Frankfurt and again, heading for the 200EMA. Got stopped out again by a single pip! This time I believe it was the GBP news which often causes a retracement in EA H1. This is the first time I have traded this method that price has taken me out at -25 only to immediately turn and hit my TP. I have found that often, trading with London momentum, 25 pips is enough... not today (-25,-2%)

Wednesday: Nice TMS setup at LO, trading away from the 200EMA. Price took a surprisingly long time to reach TP on this one. In this case, a retracement brought price within about 1-2 pips of my SL but luck was on my side this time. Finally a win. (+50, +4%)

Thursday: After a huge move in the Asian session caught me out last week I was really cautious this time round. Price stalled following the news candle and didn't offer me any obvious signals around LO so I stayed on the sidelines. Once again following the large move in the Asian session, London moved sideways until NYO and if I had entered, It certainly would not have been a win.

Friday: Late TMS entry at LO on the third blue candle. Optimum entry being at Frankfurt open. There was just enough momentum to hit the +50 before price turned on this one. (+50, +4%)

Overall a good week. Now I am becoming more confident with my entries I'll be exploring the possibility of leaving my SL at -25 in future. I have discussed this with Phx62 and Vladbold in recent weeks, and I should have enough data now to make a judgement as to whether or not this will improve my results in the long run. This would also make my trading purely 'set and forget' which is even easier than my current approach. This will also help me since I am now working nights I often sturggle to stay awake at my laptop during LO
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 174 KB
Focus on the process and the profits will follow
  • #53,290
  • Feb 13, 2015 10:04pm Feb 13, 2015 10:04pm
Quoting Phx62
EA H1 trades this week including breaks of trend lines at or near LO. Trade 1. Price broke short below trend line with TDI confirmation. Entry made on a break below the Frankfurt candle and on the 3rd candle. Still within the rules of TMS and my trading plan because candle 2 did not count (no body). Trade 2. Price broke long at LO with TDI confirmation and also broke the 3 touch trend line. Entry above high of Frankfurt candle. Trade 3. Again, price broke long at LO with TDI confirmation and a break of the 4 touch trend line. Entry above high of...
Inspiring as always Phx62! Can't thank you enough for showing myself and many others the way to profitable trading!

I'd be interested to hear what factors persuaded you to stick with +50 on Wednesday. I would have imagined that with TDI green crossing red and yellow, all just above the 50 line, prior to London Open, this would be prime territory for you to target +100. Was this partly down to the slow start at London Open or the lack of news during the session?

Thanks again for sharing your trades!
Focus on the process and the profits will follow
  • #53,291
  • Feb 13, 2015 10:24pm Feb 13, 2015 10:24pm
Quoting emmanuel7788
{quote} Classy, that is a very annoying problem when your disk space get filled up quickly with those txt log files. there is an discussion forum on this MT4 log file issue and I'll try look for it later. meantime, you can safely delete the old txt log files on daily basis. regards,
Many many thanks big Emm for response that's my family TMS.i already remove all custom indi n ea and it is running fine without any problem actually i have many trade management ea but all are less feature or include too many feature except quick trail .....i will wait for any real solution............
Say something meaningful or Silence!!
  • #53,292
  • Feb 14, 2015 1:48am Feb 14, 2015 1:48am
Quoting montego
{quote} Lastingwell I like this concept going to try next week
Lastingwell,
How high does the ATR need to be to make good trading conditions for 5m TMS.
  • #53,293
  • Feb 14, 2015 3:49am Feb 14, 2015 3:49am
[quote=Phx62;8068731]EA H1 trades this week including breaks of trend lines at or near LO. Trade 1. Price broke short below trend line with TDI confirmation. Entry made on a break below the Frankfurt candle and on the 3rd candle. Still within the rules of TMS and my trading plan because candle 2 did not count (no body). Trade 2. Price broke long at LO with TDI confirmation and also broke the 3 touch trend line. Entry above high of Frankfurt candle.

Beautiful Trading PHx62 as always. Can I ask a question about your trade 2: You entered at the break of London open and trend line with TDI confirmation, when the trade pulled back and printed a red candle and the TDI turned down, was your reason for staying in the trade the red of the TDI point up so you were expecting the green line to bounce of the red?
  • #53,294
  • Feb 14, 2015 3:54am Feb 14, 2015 3:54am
[quote=Ballistical;8068777]2015 Week 7 - Trade Summary: 4 trades in total: - 2 win - 1 BE - 1 Loss..

Excellent summary again Ballistical, I think it was a difficult week, I only managed 2 trades 1 30 pip loss and 1 BE.
We trade very similar and I wait each week to see your summary and see what I missed, It was great to see yours and Phx62's this time. Keep up the great week.
  • #53,295
  • Feb 14, 2015 6:15am Feb 14, 2015 6:15am
Quoting emmanuel7788
{quote} LL, I think that is a problem when you use a older version of Explorer browser. Try using with Chrome or Firefox. FF has been optimized for these two browsers. regards,
Hi Emm

Thanks for your help....I think that will work, I've just got to familiarise myself with Chrome now, but I'll hopefully be able to post a test chart on here shortly just to check and confirm that its been fixed.

Thank you for your help its appreciated
  • #53,296
  • Feb 14, 2015 9:06am Feb 14, 2015 9:06am
Just wanted to share with you a beautiful shot of oil trades yesterday Friday 13th . These were taken from Ninja Trader 8 Range chart in conjunction with M5 and M15 charts, same concept I use for oil trades on MT4 I regularly posted in this thread.
Attached Image (click to enlarge)
Click to Enlarge Name: CL 03-15 (8 Range) 14_02_2015 2 nice longs TDI 1st HA (good body HA).jpg Size: 261 KB
Appreciation is the key to wealth and happiness
  • #53,297
  • Feb 14, 2015 10:03am Feb 14, 2015 10:03am
Quoting Phx62
EA H1 trades this week including breaks of trend lines at or near LO.
Thanks for sharing your trades and methodology again with us, the information that I keep learning from your charts are enormous , without those books and charts, it would just takes a lot longer than simply 2 years to understand how to trade , in trading it takes years to master a methodology, with ur chart it will be a lot less
I Have Learned to Take Some Losses to Make Profits
  • #53,298
  • Feb 14, 2015 11:18am Feb 14, 2015 11:18am
Good morning everyone,
(It's Saturday morning my time).

I wanted to post up some pictures for the weekend.
I also made a observation in my back testing.
The "Dots indicator" levels are pretty accurate.
I'm not sure about the labeling (buy/sell labels) but
the lines/levels are very accurate! All we need is
super accurate levels...
Check out the level's & how price touches them...
sj

P.S. The funeral is Monday. So I'll be busy all day,
but starting Tuesday I'll be back in full swing!
Have a good weekend everyone!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 59 KB
Click to Enlarge Name: EURUSDH4.png Size: 73 KB
Click to Enlarge Name: EURUSDH1.png Size: 72 KB
Click to Enlarge Name: EURUSDM15.png Size: 71 KB
  • #53,299
  • Feb 14, 2015 2:09pm Feb 14, 2015 2:09pm
Quoting snarlyjack
Good morning everyone, (It's Saturday morning my time). I wanted to post up some pictures for the weekend. I also made a observation in my back testing. The "Dots indicator" levels are pretty accurate. I'm not sure about the labeling (buy/sell labels) but the lines/levels are very accurate! All we need is super accurate levels... Check out the level's & how price touches them... sj P.S. The funeral is Monday. So I'll be busy all day, but starting Tuesday I'll be back in full swing! Have a good weekend everyone! {image} {image} {image} {image}
Thanks SJ for your EURUSD charts.
The DOTS levels are based on recent ADR and is rather conservatively calculated. I do find the levels are easily reached on most intraday trading when we observe how price move after the day open.
I think the combine use of the DOTS calculated levels with the SM_ADR Marker which is dynamic during the day would be better.

Anyway, I see something big with EU pair.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #53,300
  • Feb 14, 2015 2:10pm Feb 14, 2015 2:10pm
hi snarlyjack i want to ask you about dots levles show on 15m on your chart but in my chart not show becasue not enough bar. i follow dean malone steps but still same thing . thank you
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