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Trading Made Simple

  • #53,721
  • Feb 19, 2015 5:16am Feb 19, 2015 5:16am
Took EA a little earlier than regular LO today because of the bounce on EMA 10 on M15, +50 TP
Attached Image (click to enlarge)
Click to Enlarge Name: EA_M15_EMA 10 Bounce.jpg Size: 310 KB
I Have Learned to Take Some Losses to Make Profits
  • #53,722
  • Feb 19, 2015 5:26am Feb 19, 2015 5:26am
I've set a buy limit ready for where i assume a cross will take place on the 4HR as im heading to bed and dont have the time to watch the trade unfold, hopefully im right.

Attached Image (click to enlarge)
Click to Enlarge Name: uj limit.png Size: 43 KB


Just closed my UC for 63.5 pips profit, aud/usd currently down although well see how things pan out overnight.

Also potentially looking at adding a sell limit on EU before i head to bed but not sure yet, what do you guys think? 4HR time frame

I really hope im going about things the right way, any help is appreciated as im very eager to learn.
  • #53,723
  • Feb 19, 2015 5:29am Feb 19, 2015 5:29am
Guys, I thought it could be a good idea moving some money from a EU account into a USD account because of the EU Greece decisions for the weekend ...
what do you see or think about the EUR for the following week/s ?
Regards
  • #53,724
  • Feb 19, 2015 5:31am Feb 19, 2015 5:31am
Scalp, M5 (10 + 24) 34 pip
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_19_feb.png Size: 117 KB
  • #53,725
  • Feb 19, 2015 5:40am Feb 19, 2015 5:40am
Quoting griffinssoul
{quote} I humbly disagree - you have taken away a core ingredient of Big Es method - not simply added a few indis. Please review the posts in this thread - the majority of traders at least adhere and respect the core requirements of Big E and have simply added a few indis on top - like guppys. However, it is still clearly TMS. Unfortunately, I have no idea what you are trading with your variant of TMS? Can you see how confusing this would be to a noob?
You are entitled to disagree, and I understand that that is often a sign of lack of comprehension.

What you should understand though is that candles are as I've already pointed out, small pieces of time represented in candle form and nothing more.

I choose to disregard the small pieces and instead consider the upper and lower continuous price line more important for analysis purposes, and can be used for a variety of reasons which I don't have time to explain right now.

The essence of what I'm trying to convey to you is that once we know when a LH or HL has been achieved we then have a very powerful means to consider a trade, and in fact this is what the majority of people are actually doing unknowingly when they look at their charts.

Now then, to maximise that simple principle, I have removed non essential information, namely the candles, and added another price line shifted forward 1 period to give me two sets of lines for upper and lower levels, which leaves an uncluttered chart. When a price line cross occurs, in the direction guided by a dot, then I am on alert. It really is that simple and does not require all the lines etc etc that have been introduced, including your Angleator for example, I mean what on earth is that all about!

The TMS oscillator and TDI in the second window are of course still essential elements when deciding to take a trade on or not.

To help understand this very simple concept I've attached a chart with "shadowed" candles to help explain to you and anyone else who didn't see what the lines mean.

Lastly, back to your comment regarding TMS. You and several others have IMO actually been the game changers here, by constantly adding a plethora of ridiculous gadgets along the way. Trading made simple is fast becoming trading made difficult if all the indis and the associated over complicated rule books were implemented. My way on the other hand I believe, takes us back to core trading principles without confusion.

No doubt many will see it differently though...hey ho.

GU 4hr chart attached for reference

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 28 KB
  • #53,726
  • Feb 19, 2015 5:47am Feb 19, 2015 5:47am
Quoting emmanuel7788
{quote} FoM, Everyone knows that this is not my thread. You can post here and share your experience and knowledge for everyone to learn from. But please do not post fake trades the way you did in the Genesis Matrix thread. {image} {image} You know how to drag and drop trades from your M4 terminal Account History and that work perfectly. https://www.youtube.com/watch?v=jNHD...layer_embedded

You such a sweet dog, you should know, its possible to put drag more trades on the chart do you?

Quoting Bushman
RJ (realjumper) and his friend FOM met in the genesis thread which RJ ran like his own personal kingdom. He crushed any opposition and any suggestion that his system needed help. Finally he closed the thread with no thought about the group of traders who met there. They are now spreading their own particular venom and idealogy here. Their first commandment is "Thou shalt not adapt the system as laid down." The implication is that it is already prefect. Well I'm sorry but everything can be improved. RJ and FOM, you're both good traders. Why not get...

Your post just showed that you one of the peoples here who don't get it. Even for Snarlyjack is it not possible to answer my question. He is just a ignorant person like you and Emma and all your fellows.

You think its me who said that with indicators? How often I should quote Eric more?

Oh and I will be constructive, no posting here anymore. promised.
Why? Its easy, no one is able to respect what Eric said. Better, not able to read his post well.

All the best.
  • #53,727
  • Feb 19, 2015 6:03am Feb 19, 2015 6:03am
Ive made about 4 posts, not one person has replied?

can anyone help me at all? or is everyone just too concerned with arguing over whose thread this is?
  • #53,728
  • Feb 19, 2015 6:04am Feb 19, 2015 6:04am
I think this wave on TMS now is a counter trend wave, soon the trend will resume and we are back to normal
I Have Learned to Take Some Losses to Make Profits
  • #53,729
  • Feb 19, 2015 6:07am Feb 19, 2015 6:07am
Quoting Fame of me
{quote} You such a sweet dog, you should know, its possible to put drag more trades on the chart do you? {quote} Your post just showed that you one of the peoples here who don't get it. Even for Snarlyjack is it not possible to answer my question. He is just a ignorant person like you and Emma and all your fellows. You think its me who said that with indicators? How often I should quote Eric more? Oh and I will be constructive, no posting here anymore. promised. Why? Its easy, no one is able to respect what Eric said. Better, not able to read his...

A picture is worth one thousand words:

Attached Image (click to enlarge)
Click to Enlarge Name: FOM fake trade post13866.png Size: 246 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #53,730
  • Feb 19, 2015 6:10am Feb 19, 2015 6:10am
Quoting emmanuel7788
{quote} A picture is worth one thousand words: {image}
Emmanuel:

Des Menschen Wille ist sein Himmelreich.

And it looks yours is huge. I wish you all the best, really.
  • #53,731
  • Feb 19, 2015 6:10am Feb 19, 2015 6:10am
GBPJPY-H1
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-02-19_18-07-22GBPJPY.png Size: 32 KB
Sad i'm not trying to understand PA
  • #53,732
  • Feb 19, 2015 6:27am Feb 19, 2015 6:27am
EU 4HR short

Attached Image (click to enlarge)
Click to Enlarge Name: eu short.png Size: 46 KB


is this a valid entry? targetting the bottom of the range eu seems to be in
  • #53,733
  • Feb 19, 2015 7:00am Feb 19, 2015 7:00am
Quoting Landline
{quote} You are entitled to disagree, and I understand that that is often a sign of lack of comprehension. What you should understand though is that candles are as I've already pointed out, small pieces of time represented in candle form and nothing more. I choose to disregard the small pieces and instead consider the upper and lower continuous price line more important for analysis purposes, and can be used for a variety of reasons which I don't have time to explain right now. The essence of what I'm trying to convey to you is that once we know...
Hi Landline

I completely understandwhat your saying. Its just removing all the noise which makes things even more simple.
This combined with tdi should be a good system even for noobs as it might prevent them from being faked out all the time not to mention having to understand candle patterns etc. I would like to have a look at your indis and temps.. Please could you share your indis and temp. Thanks for your contribution to this thread.
  • #53,734
  • Edited 8:21am Feb 19, 2015 7:04am | Edited 8:21am
Good morning everyone,
(6:00 a.m. my time, N/Y open).

I slept on this last night & decided we should have
all uniform charts. This will reduce a lot of the confusion.

So I'm changing my charts:
1). Take out guppy's.
2). Put in 50 ema & 200 ema (which is the same as the guppy's).
3). Synergy Pro Tdi & Tdi mtf.
4). S/R levels.
5). Use the pac instead of the 5 ema shift 3. (which is approximately the same as 5 ema shift 3).
6). Daily open line.

This should make mine, Lastingwell & Emmanuel charts approximately the same.
Then we'll all be using approximately the same charts. Hopefully this will reduce
the arguing & help all the new people. Onward & upward!

See enclosed chart.
sj
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 54 KB
  • #53,735
  • Feb 19, 2015 7:04am Feb 19, 2015 7:04am
Quoting omonisha
GBPJPY-H1 {image}
Clean trade, I am out at new spike at BE , well done , my entry was late entry tho
I Have Learned to Take Some Losses to Make Profits
  • #53,736
  • Feb 19, 2015 7:14am Feb 19, 2015 7:14am
Quoting 7bearval
Thanks, SJ ... It must be a difference in brokers, as I get a new candle at 10 MST. That would explain the difference, as things started to drop in that hour which would probably give an entirely different signal on the 4H TDI than I had. Where's your broker located? Mine's Onida on EST. It might behoove me to switch rather than stay up until 2. 7B
7Bearval,

I use N/Y close charts. I don't want to talk about
brokers but my broker is FXCM. Originally we started
with FXDD but they liquidated out.

The reason you want to use N/Y close charts, they are
in tune with the time of the markets & that changes the
shape & time printing of the candles.

N/Y close charts, Open at the Australia session & go through
the London session & close at the N/Y session. What that means
is the daily & 4 hour charts (time & look of the bars) are correct
with the market. It is very important to be correct with the market.
sj
  • #53,737
  • Feb 19, 2015 7:22am Feb 19, 2015 7:22am
Here is what I see.

Because of the Greek negotiations the markets
are pretty flat & tight. However, once the negotiations
are over I expect the markets to pick back up...
We just have to ride this period out...
sj
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 57 KB
  • #53,738
  • Feb 19, 2015 7:28am Feb 19, 2015 7:28am
Quoting emmanuel7788
Hey TMS Folks, As usual we have some very passionate members here in FF telling us not to add anything to TMS 5-Method. I agree with them that we should not add anything which changes the core of the simple method. the core of the 5-Method is the TDI and the APB. Eric dropped the Stochastics and he also later did not use the 5EMA shift+3. Please keep the core of the method and learn it well. Practice, practice, practice until you have mastered the 5-Method. Only after you have mastered the 5-Method, you can break any rule you want. I added the 50EMA...
Hey Emmanuel,

I agree with you
Were on the same page. Onward & upward.
Thanks for hanging tough with us!
sj
  • #53,739
  • Feb 19, 2015 7:39am Feb 19, 2015 7:39am
Quoting snarlyjack
Good morning everyone, (6:00 a.m. my time, N/Y open). I slept on this last night & decided we should have all uniform charts. This will reduce a lot of the confusion. So I'm changing my charts: 1). Take out guppy's. 2). Put in 50 ema & 200 ema (which is the same as the guppy's). 3). Synergy Pro Tdi & Tdi mtf. 4). S/R levels. 5). Use the pac instead of the 5 ema shift 3. (which is approximately the same as 5 ema shift 3). This should make mine, Lastingwell & Emmanuel charts approximately the same. Then well all be using approximately the same charts....
Hi SJ

No worries, and I respect your wishes....my intention has always been to be constructive in any of my comments made, but it's clear it has regrettably had the opposite reaction to the majority here.

Finally, I'd just like to thank you for your personal generosity, manners and unswerving dedication in continuing this thread when Big E sadly left.

I'm stepping aside now to reduce the rumblings lol....but you take care and good luck

LL
  • #53,740
  • Feb 19, 2015 7:41am Feb 19, 2015 7:41am
Quoting haydo147
{quote} Hi sj,Cheers for the quick response.Im a little confused what you mean by guppys and "between and close." (Do u mean when p.a is close to touching the ema, or ranging through it?)So when faced with a situation like i described what is the best course of action? Buy into the moving trend? Trust the lower high and count on a reversal to the ma? Stay out until we see price return closer to the ma? (Which on the 4h charts could be a week)Just another question, is looking at the higher tf candles colour (daily,weekly,monthly) a good way to guage...
Sorry Haydo,

I was busy with other conversations.

You want to follow the yellow pac (the yellow brick road).
The pac is the short term trend. The 50 ema is the medium term
trend & the 200 ema is the longer term trend.

Trade "away" from the 50 ema. Trade once the apb's are outside of the
yellow pac. If price is between the 50 ema & 200 ema be careful.
The market respects the 50 ema & 200 ema and price will bounce
at these levels. Sometimes price will break through the levels, sometimes
it won't. See my new charts!

I hope this helps you & sorry for the late response.
sj
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