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Trading Made Simple

  • #54,101
  • Feb 26, 2015 8:55am Feb 26, 2015 8:55am
Quoting emmanuel7788
AUDUSD 26 Feb H1 trade. As I planned early today, I waited for a H1 buy setup. Both AJ and AU showed valid setups and I picked AU. Entry chart below: {image} Trade update, SL move above entry level and trailing 5pips behind the last candle/price bar low-5pips. Now need to see the next H1 close and manage trade. {image}
Hi...Emmanuel...been following your trades...you are a proponent of MTF and you use the weekly as a synergy to your trading. First looking at the trade you took on Aud/usd...how can you explain the motive in relation to the weekly...do you just make the decision based on the daily set-up...because what I was seeing at the weekly is that PA is yet to confirm the low.

Again the Acronyms...FO,LO what do they signify....I think that LO could be London open...

Finally, what was the parameter for the two 5ema in your chart...are they custom and if so, could you please send the link to it.

Again, you are doing a good job helping traders and I do learn from you and at least add to my basic knowledge...

Thanks in anticipation of your feedback.

Kevin King
  • #54,102
  • Feb 26, 2015 9:26am Feb 26, 2015 9:26am
Quoting snarlyjack
{quote} Sesamstrasse, That's about what I thought also... (about 4 months). How's it going with Tms? Your trading the 1 minute & 5 minute? sj
Hey SJ
I trade TMS in m1 , H4 and Daily .

It works really fine , specially the m1 is a nice thing .
In M15 and h1 I still prefer the choros/ dance system .

From that moment I added a 50 Ema to my TMS template , from that moment I made a bunch of green pips .
I still stick to first or second bar colour change , and I like the MBL in the TDI .
It´s too early to say I handle it good , because I´m just some weeks with it live .
My account grows nicely and I´m happy with my trading .

Just need to practise more in D1 but I´m so tyred in the night when my broker prints a new D1 candle .

Green pips to you
Guido
Risiko birgt immer auch die Chance.
  • #54,103
  • Feb 26, 2015 9:50am Feb 26, 2015 9:50am
Hi everyone,

My trade in today, 70 pip!!

If I stayed on chart I can got 50 pip more...

please advise me if there is any notice...

Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 36 KB


Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 40 KB


Edited:
Yellow line is monthly S/R line and red line is daily S/R.

I just look at TDI and S/R and a little PA.
  • #54,104
  • Feb 26, 2015 10:19am Feb 26, 2015 10:19am
Quoting Sesamstrasse
{quote} Hey SJ I trade TMS in m1 , H4 and Daily . It works really fine , specially the m1 is a nice thing . In M15 and h1 I still prefer the choros/ dance system . From that moment I added a 50 Ema to my TMS template , from that moment I made a bunch of green pips . I still stick to first or second bar colour change , and I like the MBL in the TDI . Its too early to say I handle it good , because Im just some weeks with it live . My account grows nicely and Im happy with my trading . Just need to practise more in D1 but Im so tyred in the night...
I'm curious, how do you use the 50EMA with TMS? I mean, what signals filters or so? Thanks
Had to be me. Someone else might have gotten it wrong.
  • #54,105
  • Feb 26, 2015 10:47am Feb 26, 2015 10:47am
Quoting snarlyjack
Good morning everyone. (N/Y session) What does everyone think of the new 5 method? 1). Pac 2). New Tdi 3). S/R 4). Supply/Demand 5). Apb's Let me know what you think! sj {image}
I'll remove PAC, S/R & Supply/Demand

I like TDI, APB and some trend line drawing by myself, other thing just make me confuse...
  • #54,106
  • Feb 26, 2015 11:08am Feb 26, 2015 11:08am
Quoting snarlyjack
{quote} Emmanuel, I like your elephant! If it were not for forex factory & Tms it could take years to really learn how to trade. I think this thread will shorten down the learning curve to about 3 months demo, 1 month simulator, then go live... (about 4 months instead of years)! sj
You two guys are awesome . With your and other's help I went from a blank fx chart to a clear TMS setup where everything is so clear.

I am active now exclusively on the H4 candle, I check it 4 times a day before, during and after the UK/DE sessions. I got 5 pairs and 2 to 5 setups a week which I can take. but I usually take 2 or maximum 3. That is pretty amazing considering that I started on the TMS just before Christmas last year. Goes to show how clear things are here and how easy the method is if only one has discipline.

I refined my method and built my charts on the M15/M30 method, that accelerated things and gained me precious time. This is one advice I would give to other starters - use lower TF to build your charts and refine your method, regardless if you have losing trades or get blown up by news releases. It doesn't matter. What matters is that the learning curve is much shorter, the concept is the same but the rhythm is much faster.
Best regards, Zef
  • #54,107
  • Feb 26, 2015 11:09am Feb 26, 2015 11:09am
GJ trade this week

One lose at trade 3 cause my computer outage when I sleeping, otherwise trade would at BE after reach 30 pip
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH1.png Size: 57 KB
  • #54,108
  • Feb 26, 2015 11:24am Feb 26, 2015 11:24am
EA Sell Trade LO session

Attached Image (click to enlarge)
Click to Enlarge Name: LO Session Explained in detail.png Size: 259 KB


Kindest Regards
  • #54,109
  • Feb 26, 2015 11:46am Feb 26, 2015 11:46am
Quoting MrAussieFX
EA Sell Trade LO session {image} Kindest Regards
Excellent trading Aussie well explained
Sad i'm not trying to understand PA
  • #54,110
  • Feb 26, 2015 12:01pm Feb 26, 2015 12:01pm
Quoting mordin
{quote} I'm curious, how do you use the 50EMA with TMS? I mean, what signals filters or so? Thanks

The 50 Ema is one of the 3 MA´s in another system , what I trade since summer 2013 live.

I never open a trade against the 50 , when it´s not enough " space" to reach my TP.

And I can use it as a retrace in a trend , so if the price touches my 50 and goes back to the trend , i just look for a valid TMS entry ( green crosses red , steep angle + first or second candle colour change ) .. and have a good , solid entry in TMS with the confirmation of the 50 Ema .

I learned how to trade it for 18 months , it´s not only quickjly explained.. it is training !!
........ training over and over again ..
I like it , the 50 fits wonderful to TMS how I see it .
everybody must find his own " style " to make it work for him/herself .
For example :
Emmanuel is a incredible good trader , but I can t handle his style .
I handle my style and I produce green pips .. not the big deal to buy a yacht next week , but enough to say it worked nicely the last weeks live with me .

Hope I could answer your questions and help you to find a way during the jungle .
Guido
Risiko birgt immer auch die Chance.
  • #54,111
  • Feb 26, 2015 12:10pm Feb 26, 2015 12:10pm
Such a good day after all.


A great trade.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 43 KB

Clean 80 pips on a low ADR pair that i'm starting to really enjoy.

And a noob trade.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH1.png Size: 47 KB


Chickened out after a small M15 retracement, only got 25 pips out of it.
  • #54,112
  • Feb 26, 2015 12:35pm Feb 26, 2015 12:35pm
Great day today, three trades, all winners:

AUDCAD H1 +21 pips. Should have stayed longer, but PA was struggling to go further, and I looked left and saw a consolidation

Attached Image (click to enlarge)
Click to Enlarge Name: 20150226_AUDCAD_H1_001.png Size: 37 KB


EURAUD H4 +15 pips. Got stopped out on a pullback

Attached Image (click to enlarge)
Click to Enlarge Name: 20150226_EURAUD_4H_001.png Size: 46 KB


GBPNZD H4 +83 pips. Again, should have stayed longer. My mistake was that I was looking at it too much time, I saw the pullbacks and such, and got out.

Attached Image (click to enlarge)
Click to Enlarge Name: 20150226_GBPNZD_4H_001.png Size: 32 KB
Had to be me. Someone else might have gotten it wrong.
  • #54,113
  • Feb 26, 2015 1:29pm Feb 26, 2015 1:29pm
GBPAUD-H4..
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-02-27_1-27-14GBPAUD.png Size: 34 KB
Sad i'm not trying to understand PA
  • #54,114
  • Feb 26, 2015 1:33pm Feb 26, 2015 1:33pm
It's great to see lots of profitable posts, but as far as I can see, there are lots of different templates and indicators being used by various people...
Yea, people has their own trading style and preferences, but isn't there any some sort of 'universal' template we can use together, yet achieve same profitable results?
OrderSend(Symbol(),OP_BUY,10,Ask,30,SL,TP,"",0,0,clrGreen);
  • #54,115
  • Feb 26, 2015 2:03pm Feb 26, 2015 2:03pm
Quoting omonisha
GBPAUD-H4.. {image}
I was looking at this, but seeing so that it was going direct to an s/r box, didn't want to take it. What makes you confident that it could go further the box to the next one?
Had to be me. Someone else might have gotten it wrong.
  • #54,116
  • Feb 26, 2015 3:58pm Feb 26, 2015 3:58pm
Quoting mangblekok
It's great to see lots of profitable posts, but as far as I can see, there are lots of different templates and indicators being used by various people... Yea, people has their own trading style and preferences, but isn't there any some sort of 'universal' template we can use together, yet achieve same profitable results?
I don't understand too.... I read the first post but it's nothing to do with this charts xD
If someone can explain me i would be very grateful
  • #54,117
  • Feb 26, 2015 4:17pm Feb 26, 2015 4:17pm
Quoting mangblekok
It's great to see lots of profitable posts, but as far as I can see, there are lots of different templates and indicators being used by various people... Yea, people has their own trading style and preferences, but isn't there any some sort of 'universal' template we can use together, yet achieve same profitable results?

Quoting simitch
{quote} I don't understand too.... I read the first post but it's nothing to do with this charts xD If someone can explain me i would be very grateful

The 5-Method did not start at Post#1 of this thread. It started in a thread which was moved to the Commercial Content forum. Our late OP eelfranz created this Trading Made Simple thread to continue discussions and sharing of the 5-Method.
For beginners, you should go to post#52,707 and read that pdf.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #54,118
  • Feb 26, 2015 4:46pm Feb 26, 2015 4:46pm
Quoting akwunomy
{quote} Hi...Emmanuel...been following your trades...you are a proponent of MTF and you use the weekly as a synergy to your trading. First looking at the trade you took on Aud/usd...how can you explain the motive in relation to the weekly...do you just make the decision based on the daily set-up...because what I was seeing at the weekly is that PA is yet to confirm the low. Again the Acronyms...FO,LO what do they signify....I think that LO could be London open... Finally, what was the parameter for the two 5ema in your chart...are they custom and...

Hi Kevin,

Sorry about those acronyms used. A bad habit I picked up being in FF for too long.

FO= Frankfurt Open ... could be worst if used FMO = Frankfurt am Mainz Offen
LO=London Open
NYO=New York Open

About the new PAC, that is part of the indicator Synergy_Pro_APB. I found out that this new PAC is based on a 9EMA calibrated with volatility.
Comparing this new PAC and TMS 5EMA shift+3, I prefer the new APB with PAC which can be use to filter the TDI cross setups and also can be use in trade exit management.
It is better than the old PAC build using 5-Smoothed MA set to High and Low prices.

See charts below:
Attached Image (click to enlarge)
Click to Enlarge Name: Synergy Pro PAC vs old 5SMA PAC.png Size: 84 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Synergy Pro PAC vs TMS 5EMA shft3.png Size: 60 KB



regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #54,119
  • Feb 26, 2015 4:54pm Feb 26, 2015 4:54pm
Quoting emmanuel7788
{quote} Good question, as usual, the market will set up some traders today. While we look for TMS setups, don't let the market set you up for the slaughter. see chart below. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD H1 chart 26 Feb rally.png Size: 55 KB

My AUDUSD H1 trade got stopped out by the trailing stop. I did not move that and went to bed early.
The market setup many buyers and slaughter them during the new York session.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD H1 26 Feb trade closed.png Size: 66 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #54,120
  • Feb 26, 2015 5:13pm Feb 26, 2015 5:13pm
Quoting emmanuel7788
{quote}
Hi Emmanuel. This is probably a silly question. But what do you mean by ME/ME? Is that an acronym to something? Thanks.
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