Trading Made Simple | Page 2693 | 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

  • #53,841
  • Feb 22, 2015 1:29am Feb 22, 2015 1:29am
Quoting Frank0
NO. III CONSIDER Trading Long when Green line is > 50. Short when Green line is < 50. Trading Long when Green line is > Red line. Short when Green line is < Red line. Trading Long when Green line is > Yellow line. Short when Green line is < Yellow line. Trading Long when Green line is > Red line and Yellow line. Short when Green line is < Red line and Yellow line. Trading Long when Green line is > Red line and Yellow line and 50% line. Short when Green line is < Red line and Yellow line and 50% line. (from aggressive to conservative. pick your poison...

Hi Frank,

It is good to formulate your own trading rules and test them in realtime live market. I have done the attached pdf for you and hope that will help you develop a proper trading plan using TMS 5-Method as the core trading method. Always remember to keep the core of TMS , i.e. use the TDI and APB. All other stuff you want to add to must be tested over many trades.
You need to work on a money management strategy and test that in realtime live market using a demo account.

regards,
Attached File(s)
File Type: pdf TMS 5-Method Basic Rules.pdf   873 KB | 13,625 downloads
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #53,842
  • Feb 22, 2015 1:37am Feb 22, 2015 1:37am
Quoting emmanuel7788
{quote} Hi Hayden, Thanks for sharing your EA planning. My planning session only starts today at London 1500. But here is a quick update I have for EURAUD. On the Day chart, we see the market has been trading within a range for the past 2 weeks. That range was set by the Weekly candle of Feb 2 to 6. I will not start a new position trades under this market type condition but trading will be on lower timeframe H4 and H1 only until I see a price action move out of that range. We will have to give the market a few days to see whether it will start a...
Hi emmanuel,

Thanks for sharing your analysis also, that provides good insight into what i should be looking for when analyzing a currency for the coming week.

Definitely will be reading more about your planning via the PDF's

thanks again,

-hayden
  • #53,843
  • Feb 22, 2015 1:51am Feb 22, 2015 1:51am
Quoting omonisha
GBPAUD {image} {image} {image} {image}

great analysis omonisha. Do you use another charts for the weekly analysis, right? What is the reason? I usually use the same charts, I place S/R levels and such, and the 1W and 1MN looks a little bit cluttered to be honest, but I think it is really useful on 1D and lower, because I can see the S/R levels I've placed. You just use the SupDem indicator for that? Sometimes I have a S/R level (manually set) and the price reverses at that point, but no SupDem box. I'm looking to clean up my charts a little bit, and I wanted to know what is your approach on this matter.
Thank you very much in advance!!
Had to be me. Someone else might have gotten it wrong.
  • #53,844
  • Feb 22, 2015 2:00am Feb 22, 2015 2:00am
Since im in the middle of a planning session for this coming week,

I've decided to share my analysis of EU, I may be right or wrong but this is how I currently see things. Take from it what you will

Im still learning, comments and critique/constructive criticism are encouraged.

thanks,

-hayden

Attached File(s)
File Type: docx EU analysis week 23rd feb.docx   212 KB | 616 downloads
  • #53,845
  • Feb 22, 2015 4:41am Feb 22, 2015 4:41am
I guess the best entry points are mostly after high news ...
what is the recommended minimum timeout after high news results before placing an order?
Regards
Regards
  • #53,846
  • Feb 22, 2015 4:54am Feb 22, 2015 4:54am
Quoting mordin
{quote} great analysis omonisha. Do you use another charts for the weekly analysis, right? What is the reason? I usually use the same charts, I place S/R levels and such, and the 1W and 1MN looks a little bit cluttered to be honest, but I think it is really useful on 1D and lower, because I can see the S/R levels I've placed. You just use the SupDem indicator for that? Sometimes I have a S/R level (manually set) and the price reverses at that point, but no SupDem box. I'm looking to clean up my charts a little bit, and I wanted to know what is your...
Hi mordin
Yes i use price candle for my weekly analysis so that i can see the candlestick pattern. Every TF has it's own S/R levels. I mark the flip point on weekly and monthly. And on D1 TF i try to read the price action in between this flip point. And trade accordingly on H1 H4. I have supply demand indicator on my chart. Sometime the indicator don't show a zone if not tested. So i try to visually spot them and mark them. later if the indicator proves it then i know that i'm
learning. I have a Round Number indicator on my chart. They also act as S/R levels. I have 200 ema on my chart just to know the overall trend. That's all i use. Offcorse clean chart's are easy to read. Hope i understand you. Many green pips to you.

Regards
Omonisha
Sad i'm not trying to understand PA
  • #53,847
  • Feb 22, 2015 7:15am Feb 22, 2015 7:15am
Hello ,,

I have found your comments on here very helpful,,, I am seeking a way of trading around my mundane driving job, and was considering using 1,5 and 15 minute charts and getting up at 4am and trading for 2 hours , then going to work , then trying to catch some evening trades and then going to bed about 9:30 , and starting again. I have a very good 'Moving Average' type line that changes colour when the Trend changes, and I use CCi ( with a level change ), Accelerator Oscillator, and Stochastics.
Then I saw your thread and have viewed the 4 hour chart, I cannot seem to get the TDI that you use, but I have layered the Stochastic on top of the Accelerator and this looks very good. Also gives more room for the chart.

I am only Demo'ing at the moment as I lost money when Alpari went under due the Swiss Franc problems , on my wage I have to save gradually to start again, so if I rise from these ashes, I will have a good tale to tell.

If you have any help or direction that you can give to me , I would be most grateful, and if I can help you or any of you followers , it would be a pleasure ...

Regards,

Philip
  • #53,848
  • Feb 22, 2015 8:11am Feb 22, 2015 8:11am
Quoting mordin
{quote} Indeed. I will clean my charts asap and as much as possible. This week is being quite bad, I have a drawdown of nearly 5% on the demo account. I was doing fine, and suddenly, I began to loose and loose. so frustrating

Easy, take your time to learn .. and when you know how to do .. continue in demo .

Use a demo with a bad order execution , large spread .. and what else You can say on a bad broker !

Reason :

If you can handle it on a bad one , you will handle it on a good one .

Just make sure the servertime is the same like your favourite broker to handle the H4 candles atb the same time in your favour.
Guido
Risiko birgt immer auch die Chance.
  • #53,849
  • Feb 22, 2015 9:54am Feb 22, 2015 9:54am
Ladies, Gentlemen.
Would it be possible for someone to share and post a link to a Mtf Trend Indicator? Not
the TDI mtf, the one usually sitting in the top right corner of the chart.
I'd be very greateful. If it should be a paid indicator, please let me know where I can find it.
Thank you

franman
  • #53,850
  • Feb 22, 2015 10:10am Feb 22, 2015 10:10am
Quoting franman
Ladies, Gentlemen. Would it be possible for someone to share and post a link to a Mtf Trend Indicator? Not the TDI mtf, the one usually sitting in the top right corner of the chart. I'd be very greateful. If it should be a paid indicator, please let me know where I can find it. Thank you franman
Are you thinking of the 10ema dashboard? - Or the tdi angleator?

BR
MY SITTING, NEVER MY THINKING!
  • #53,851
  • Feb 22, 2015 10:17am Feb 22, 2015 10:17am
Quoting franman
Ladies, Gentlemen. Would it be possible for someone to share and post a link to a Mtf Trend Indicator? Not the TDI mtf, the one usually sitting in the top right corner of the chart. I'd be very greateful. If it should be a paid indicator, please let me know where I can find it. Thank you franman
Hi Franman

If you are referring to this:
Attached Image


Then it is in the paper clip as part of the synergy pro pack.

Hope that helps
Intelligence is the ability to adapt to change. Stephen Hawking
  • #53,852
  • Feb 22, 2015 10:24am Feb 22, 2015 10:24am
Quoting lastingwell
I've been getting a lot of pms about the way I trade so one more time I will show the way I do it in detail. I haven't taken images of all the trades as I wasn't going to post about it again on here, but this morning I did so I could post it today. This is how I look at the charts. What I am basically doing is trading the higher timeframe's tdi bends and steps along with good pa on the lower timeframe, so in the case of H4 this morning I was looking at pa on there along with a bend in the daily. Note: If I'm on the lower timeframes I need to see...

Thanks for posting this. Just saw it. Makes a lot of sense.When do you look for entries in the lower time frames? do you always go for 100 pips?
  • #53,853
  • Feb 22, 2015 10:33am Feb 22, 2015 10:33am
nods80
Thank you for your quick reply. This is exactly what I am after, but I don't
know what it is called. Looking for mtf trend indicators on google gives me
pages of them, but not this one. Do you know the download link for it?

Thanks again franman
  • #53,854
  • Feb 22, 2015 10:36am Feb 22, 2015 10:36am
Quoting franman
nods80 Thank you for your quick reply. This is exactly what I am after, but I don't know what it is called. Looking for mtf trend indicators on google gives me pages of them, but not this one. Do you know the download link for it? Thanks again franman
Here

 

  1. Post 23,854

Sad i'm not trying to understand PA
  • #53,855
  • Feb 22, 2015 10:48am Feb 22, 2015 10:48am
omonisha
Thank you very much. I appreciate this.
franman
  • #53,856
  • Feb 22, 2015 10:52am Feb 22, 2015 10:52am
Quoting franman
nods80 Thank you for your quick reply. This is exactly what I am after, but I don't know what it is called. Looking for mtf trend indicators on google gives me pages of them, but not this one. Do you know the download link for it? Thanks again franman
It's in the paperclip. Make sure you put all the indicators in your mt4 indicator folder

http://www.forexfactory.com/showthre...00#post8012900
  • #53,857
  • Feb 22, 2015 4:26pm Feb 22, 2015 4:26pm
Hi Emmanuel,

How best we can use 50 EMA, 200 EMA and 20 SMA in trading. I am practicing NY Sessions on Daily and H4 Charts. Thanks.
  • #53,858
  • Feb 22, 2015 4:30pm Feb 22, 2015 4:30pm
Hello everybody,
(Australia session, my Sunday afternoon)

I've been looking at the charts this weekend.
Looking at all the different level indicators. We want
to keep things simple & clean yet effective.
So on my charts I'm only using the,
1). Apb's
2). Pac
3). Supply Demand indicator
4). Asr (s/r indicator)
5). Synergy Pro Tdi
6). Daily open line

What this means is were trading the 5 method (pretty close).
But it also means counter trend trades. I think both Emmanuel &
Lastingwell feel very comfortable trading this way.
I would like to trade the 30 minute, 1 hour, 4 hour & daily charts.
If you have any suggestions, please feel free to post them...
sj
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 57 KB
  • #53,859
  • Feb 22, 2015 4:34pm Feb 22, 2015 4:34pm
Quoting fortunemaker
Hi Emmanuel, How best we can use 50 EMA, 200 EMA and 20 SMA in trading. I am practicing NY Sessions on Daily and H4 Charts. Thanks.
Fortunemaker,

I'm not Emmanuel.
But the 20 sma, 50 ema & 200 ema are all used for trend analysis.
1). 20 sma = short term trend.
2). 50 ema = medium term trend.
3). 200 ema = longer term trend.
When your using these moving averages, trade "away" from them,
that way your trading with the trend. If you trade "into" them
you are trading a counter trend trade, which is higher risk.
sj
  • #53,860
  • Feb 22, 2015 6:32pm Feb 22, 2015 6:32pm
[quote=snarlyjack;8086436]{quote} FrankO, Thank you. I like your rules! If I were to add one thing it would be a pin-bar setup. Their are some price action setup's that work very good but will signal different than the tdi. ....

sj,

pin-bar setup has been added.
all setups have to agree in direction with TDI and PAC.
thank you.
f
92 traders viewing now, 2 are registered:
kola.bear020
,