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Trading Made Simple

  • #54,381
  • Mar 3, 2015 9:20am Mar 3, 2015 9:20am
GBPAUD-H1 Actual gained pips is about 45 pips. Due to double position it shows over +90
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-03-03_21-16-42GBPAUD.png Size: 31 KB
Sad i'm not trying to understand PA
  • #54,382
  • Mar 3, 2015 9:34am Mar 3, 2015 9:34am
Quoting omonisha
GBPAUD-H1 Actual gained pips is about 45 pips. Due to double position it shows over +90 {image}
Omoshina, what was your decision point to enter this trade? price lower than last candle lower (the last blue)? because tdi crossed some candles ahead your enter point.
thanks!
  • #54,383
  • Mar 3, 2015 9:37am Mar 3, 2015 9:37am
Quoting omonisha
GBPAUD-H1 Actual gained pips is about 45 pips. Due to double position it shows over +90 {image}
Lovely trade again omonisha wish I could catch the setups like you do. I seem to have hit a wall with trading.
  • #54,384
  • Edited 10:17am Mar 3, 2015 9:53am | Edited 10:17am
Quoting Landline
{quote} Hi SJ, hope you are well, and I see you have many newbies under your watchful eye. I haven't posted for a while, my variation on the TMS theme created too much disturbance for everyone so I backed off.{image}
Hi Landline,
Congratulations on your results with the customized version of TMS!
I find it interesting and would like to give it a try.
Wouldnt you mind sharing your template and/or indicators and brief instructions on your entry/exit rules/criteria?
Many green pips to you!
Thank you
  • #54,385
  • Mar 3, 2015 9:59am Mar 3, 2015 9:59am
Quoting niktrad
{quote} Hi Classy The log file is a copy of the text sent to the Expert tab in the MT4 terminal. It originates from a "Print" command in one of the EA's or indicator's that you are using. It should tell you where its coming from at the start of each line of the log. To stop this from happening you could edit the mq4 file if you have access to it and replace the print command with //print. Alternatively just delete the log files - it won't cause any problems. Regards
may many thanks for response.now i am manually deleting log file but i am looking for permanent solution like ea/script stop create log file type ....thanks
Say something meaningful or Silence!!
  • #54,386
  • Mar 3, 2015 10:13am Mar 3, 2015 10:13am
Quoting mokuro89
{quote} Omoshina, what was your decision point to enter this trade? price lower than last candle lower (the last blue)? because tdi crossed some candles ahead your enter point. thanks!
Hi mokuro89

Not much thought. Price went down massive with the news below previous week close and breaking the low of previous D1. When price retrace back near previous day low it pulled back at RN-1.9700. Good TDI angle crossing on M30. Went in on the break of that pullback candle.

Quoting Next4467
{quote} Lovely trade again omonisha wish I could catch the setups like you do. I seem to have hit a wall with trading.
Thanks Next. You are doing great. Just keep those line of WK MN OHLC on your chart. You will catch them
Sad i'm not trying to understand PA
  • #54,387
  • Mar 3, 2015 10:20am Mar 3, 2015 10:20am
UJ, quick M5 scalp target @ 119.500 key level closed for +6.1 target hit..approx 9 min trade (only 1 lot on this trade failed to increase to usual 5)......
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYiM5 tms.png Size: 83 KB
Keep It Simple
  • #54,388
  • Mar 3, 2015 10:39am Mar 3, 2015 10:39am
Quoting PaBa
{quote} Hi Landline, Congratulations on your results with the customized version of TMS! I find it interesting and would like to give it a try. Wouldnt you mind sharing your template and/or indicators and brief instructions on your entry/exit rules/criteria? Many green pips to you! Thank you
Hi PaBa

I've attached a 1hr chart that shows an order set consisting of 3 buys along with my tp and s/l levels, all were pending orders which triggered. You can see I had an 8 pip drawdown before going positive.

The lions share is taken at tp1 of course.

EG h1 chart attached

Hope it helps

LL

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPH1.png Size: 17 KB
  • #54,389
  • Mar 3, 2015 11:07am Mar 3, 2015 11:07am
EG tp1 hit....the remaining 2 orders are now adjusted too for no loss....that means 2 free trades, and no major worries about when to take profit and when not to, the pressures off and I'll certainly be letting profit run on tp 3 by trailing the s/l, if/when tp 2 is achieved.

Either way, another successful trade with the correct mm

LL
  • #54,390
  • Mar 3, 2015 11:42am Mar 3, 2015 11:42am
Found a good trade EURJPY H1
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 53 KB
  • #54,391
  • Mar 3, 2015 2:00pm Mar 3, 2015 2:00pm
Quoting Sesamstrasse
{quote} Im not sure if its what re you looking for , but Babypips dot com gives a good entry for the first steps . Hope it helped a little Guido
Thanks, I appreciate your assistance.
  • #54,392
  • Mar 3, 2015 2:05pm Mar 3, 2015 2:05pm
Quoting snarlyjack
{quote} ForexAussie, Welcome to Tms. If you go to post # 50,214 you will find the updated indicators. Be sure to read the ebook for a quick update. We are not using all of the indicators (they are redundant) but the Tdi, s/r levels & pac are very good. sj
Thanks, SJ.
  • #54,393
  • Mar 3, 2015 2:42pm Mar 3, 2015 2:42pm
does anyone here actually pay attention to crosses only when they cross over 50 for longs and under 50 for long?
  • #54,394
  • Mar 3, 2015 3:51pm Mar 3, 2015 3:51pm
Quoting shay14
does anyone here actually pay attention to crosses only when they cross over 50 for longs and under 50 for long?
I do! If i trade tms naked with only synergy candles and tdi i only look for shorts under 50, and long above 50.
MY SITTING, NEVER MY THINKING!
  • #54,395
  • Edited 4:23pm Mar 3, 2015 4:12pm | Edited 4:23pm
Hi fellow traders! did 4 trades today, this one was the bad one, coudnt understand why it had another fall before really start to long, hit my sl -40pip, should I have entered the candle before?
any comments are much appreciated

Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 168 KB

-tdi cross
-32 area
-closed candle before with colour change
-trendline / good supp zone
  • #54,396
  • Mar 3, 2015 4:43pm Mar 3, 2015 4:43pm
Quoting mokuro89
Hi fellow traders! did 4 trades today, this one was the bad one, coudnt understand why it had another fall before really start to long, hit my sl -40pip, should I have entered the candle before? any comments are much appreciated {image} -tdi cross -32 area -closed candle before with colour change -trendline / good supp zone
I probably would have waited to take the trade because there was such a strong bearish move that just happened, and price didn't close north outside of the PAC.
  • #54,397
  • Mar 3, 2015 4:46pm Mar 3, 2015 4:46pm
Hi all,

Just wondering how many currencies everyone is trading?
At the moment im only watching 3 and recording everything thats happening every night in a pdf

Is this a good approach? Or do people just flick from.chart too chart looking for the best setups?
  • #54,398
  • Mar 3, 2015 4:57pm Mar 3, 2015 4:57pm
Quoting haydo147
Hi all, Just wondering how many currencies everyone is trading? At the moment im only watching 3 and recording everything thats happening every night in a pdf Is this a good approach? Or do people just flick from.chart too chart looking for the best setups?
I mainly watch the major pairs, ones that have a higher ADR. So basically yes, i just flick from chart to chart of the majors. After you do it enough, you just get a feel of how they move and when they move the most (LO, etc.)
  • #54,399
  • Mar 3, 2015 6:22pm Mar 3, 2015 6:22pm
Quoting mokuro89
Hi fellow traders! did 4 trades today, this one was the bad one, coudnt understand why it had another fall before really start to long, hit my sl -40pip, should I have entered the candle before? any comments are much appreciated {image} -tdi cross -32 area -closed candle before with colour change -trendline / good supp zone
Hi man, take it easy, we can not win all the time. TDI is more accurate on H4 than small TF. I closed my short on gold before you trade long too. Follow TMS can lead us use a small SL to win a big TP, that's OK for me. If trade aggressive, your SL is good entrance for short when TDI changes and break the support.
  • #54,400
  • Mar 3, 2015 6:27pm Mar 3, 2015 6:27pm
Quoting mokuro89
Hi fellow traders! did 4 trades today, this one was the bad one, coudnt understand why it had another fall before really start to long, hit my sl -40pip, should I have entered the candle before? any comments are much appreciated {image} -tdi cross -32 area -closed candle before with colour change -trendline / good supp zone
Hi Mokuro,

The reason's not to trade in my view are:
1) Previous candle closed with small blue body with wicks on both sides. "No small candles" is one of the many additional warning found in the BigE pdfs.
2)You entered when price had just entered pac. Personally, i ideally prefer to enter once price has closed on other side of pac. Occasionally i will enter when price is at least close to the other side.

Overall, i think the "mistake" in the trade is you took a good TDI angle without considering PA enough.

There might be other considerations related specifically to gold, but i am unaware. Hopefully the other three trades were winner :-)

Best
N
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