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Trading Made Simple

  • #54,461
  • Mar 4, 2015 8:28am Mar 4, 2015 8:28am
Quoting omonisha
{quote} EA EJ -H4 {image}
As always, very nice trade. Your approach with TDI bounces, is to enter on the break of the latest bars of consolidation, right?
Had to be me. Someone else might have gotten it wrong.
  • #54,462
  • Mar 4, 2015 8:29am Mar 4, 2015 8:29am
Hi Zack. Personally I don't like alerts I used to have loads and they caused me to look for stuff that wasn't there (HA colour change, TDI&MBL cross etc). I do find this very useful though. Basically just alerts you when price hits your trend or horizontal lines. So if your waiting for price to hit an s/r level or to brake a trend It will tell you and change the colour of the line. Helps me be more pro active rather than reactive.
Attached File(s)
File Type: ex4 trendline-alert.ex4   9 KB | 467 downloads
Intelligence is the ability to adapt to change. Stephen Hawking
  • #54,463
  • Mar 4, 2015 8:30am Mar 4, 2015 8:30am
How can I make the bars be in first layer of chart? instead Behind the HA? I want to see the OHLC too, tried to change colours of chart/HA indicator w/o success, the HA candles keep in the first layer, how can I do that?
  • #54,464
  • Mar 4, 2015 8:32am Mar 4, 2015 8:32am
Quoting snarlyjack
{quote} Omonisha, I love how you trade! Your charts & trading are very, very good... sj
Thanks a lot sj for all the encouragement and support you are providing us on this TMS thread
Sad i'm not trying to understand PA
  • #54,465
  • Edited 8:59am Mar 4, 2015 8:45am | Edited 8:59am
Quoting mordin
{quote} As always, very nice trade. Your approach with TDI bounces, is to enter on the break of the latest bars of consolidation, right?
Thanks mordin. You are also doing great. let the set up come to you.

Near term trend bearish. EJ Yesterday was an IB after 2 D1 retracement.. Price pulback from the weekly S/R. Entered on the break of previous day low. And yes the bounce of TDI below 50 line on H4.

You can see the candlestick chart and the S/R lines of this below post on TMS for M30

 

  1. Post 856
  2. Post 865

Sad i'm not trying to understand PA
  • #54,466
  • Mar 4, 2015 8:49am Mar 4, 2015 8:49am
Quoting nods80
Hi Zack. Personally I don't like alerts I used to have loads and they caused me to look for stuff that wasn't there (HA colour change, TDI&MBL cross etc). I do find this very useful though. Basically just alerts you when price hits your trend or horizontal lines. So if your waiting for price to hit an s/r level or to brake a trend It will tell you and change the colour of the line. Helps me be more pro active rather than reactive. {file}
Thanks for that.But I need an Alarm for the MasterCandle_v2 -Indicator and not for TL...
  • #54,467
  • Mar 4, 2015 9:03am Mar 4, 2015 9:03am
Quoting snarlyjack
IonTrading; Your chart should look very close to this chart. sj {image}
SJ,

This looks just about right. I Just added the master candle3 indi.
Attached Image (click to enlarge)
Click to Enlarge Name: TDI tpl.png Size: 89 KB



Now from all these colorful indies i should be able to find the following trade opportunities ~

Trade opportunities:

1.TDI Cross + Price Above/Below PAC
2.TDI Cross + Support/Resistance bounce/breakout
3.TDI Cross + Trading away from Daily open line
4.TDI Cross + MasterCandle3 breakout

*Trades must be in favor of higher TF trends for a high probability trade.

Now this should make me some decent pips ei? Or should I add more? =)

Anyways, thanks for all the help!


Regards,
  • #54,468
  • Mar 4, 2015 9:47am Mar 4, 2015 9:47am
EA + 100 and EJ +50, but missed a good chunk on EJ as well, TP was at +80 but reduced it later due to some rejections on H1 but no candle changed color as well
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EA-H1.jpg Size: 237 KB
Click to Enlarge Name: EJ_H1.jpg Size: 244 KB
I Have Learned to Take Some Losses to Make Profits
  • #54,469
  • Mar 4, 2015 9:50am Mar 4, 2015 9:50am
Quoting TheScorpS
EA + 100 and EJ +50, but missed a good chunk on EJ as well, TP was at +80 but reduced it later due to some rejections on H1 but no candle changed color as well {image} {image}
That is excellent trading TS superb timing
Sad i'm not trying to understand PA
  • #54,470
  • Mar 4, 2015 9:57am Mar 4, 2015 9:57am
Hi Snarlyjack
I am new here, and I was wondering if you could direct me to the explanations of the four indicators you provided in post 54,454.

Thanks for you time
StriderOne
  • #54,471
  • Mar 4, 2015 9:59am Mar 4, 2015 9:59am
Quoting snarlyjack
{quote} Good morning everyone, (N/Y session). Rupasi, I have had no issue's with the asr s/r indicator. I have all the Synergy Pro indicators in my indicator file. If you go to post # 50,214 you can put all the indicators in your file & that might fix your problem. Give it a try. sj
Thank you SJ,

will give it a try.
  • #54,472
  • Mar 4, 2015 10:08am Mar 4, 2015 10:08am
Quoting omonisha
{quote} That is excellent trading TS superb timing
U have done amazing with these 2 pairs today, appreciate it , thanks
I Have Learned to Take Some Losses to Make Profits
  • #54,473
  • Mar 4, 2015 10:14am Mar 4, 2015 10:14am
Hello traders!

Lurking this thread for long time now, but very few posts. So tonight I want to post U/J trade 4 hours –TMS rules

1. W, D, 4 H trend Up
2. Entry @ 4 H green bar close, after consolidation
3. TDI green cross over Red above 50 level
4. R:R above 1
5. TP @ previous Big resistance
6. SL trailing bellow each green bar
I appreciate any feedback!

Thank you!
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH4.png Size: 85 KB
in vino veritas!
  • #54,474
  • Mar 4, 2015 10:53am Mar 4, 2015 10:53am
Was the pac means 5 ema closed and 5 ema open with shift 3?

Thanks.
  • #54,475
  • Mar 4, 2015 11:08am Mar 4, 2015 11:08am
Quoting MoneyTalks58
Was the pac means 5 ema closed and 5 ema open with shift 3? Thanks.
No shift No ema
Attached Image (click to enlarge)
Click to Enlarge Name: Price Action Channel.png Size: 62 KB
Sad i'm not trying to understand PA
  • #54,476
  • Mar 4, 2015 11:48am Mar 4, 2015 11:48am
Quoting Bernardi
{quote} Yeah i read on this Thread, that there are enough setups in a week to make up to 500 pips, thats amazing! I was backtesting TMS for 2 months now, and i am going to trade 4h and weekly time frame (the weekly is a gold mine xD) And i was developing a money management strategy based upon a realistic amount of pips per month, wich is 500 pips in my case. I love that MM, cant wait to start with real money, its stressless but very effective, it would take me 2-4 months to double the account, starting with just a few hundred bucks. I am just wondering...
Once upon a time, I was thinking like you until one day.... I discovered R and R-Multiple.

R=50pips, 10Rs = 500pips
R=100pips, 5Rs = 500pips
R=500pips, 1R =500pips

How many Rs do you think you can consistently make in 20-trading days over a 3 years period?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #54,477
  • Mar 4, 2015 12:04pm Mar 4, 2015 12:04pm
Quoting emmanuel7788
{quote} Once upon a time, I was thinking like you until one day.... I discovered R and R-Multiple. R=50pips, 10Rs = 500pips R=100pips, 5Rs = 500pips R=500pips, 1R =500pips How many Rs do you think you can consistently make in 20-trading days over a 3 years period?
Eman, thanks so much for your training! I'm working on deepening my understanding of MC per your last message directing us to a pdf. Can you direct me to some language about WRB, Mother Bar and how they relate to the MC, IB? Thanks!
  • #54,478
  • Mar 4, 2015 12:04pm Mar 4, 2015 12:04pm
Quoting zackery
{quote} Yes but I have more than 30 Charts and 3 different Plattforms ( with 3 different Systems) open all the time .And this solution would make more nuts than a fixed solution in the Indicator. Can anyone help me with this. Indicators are above in my last post. Thanks for any help. Zack
You need to have a Blueprint for Trading Success.

I have only 1 chart open which I use to monitor the currency pair I trade. I trade the same currency pair on 3 different timeframes - H1, H4 and D1, and see all 3 different timeframes in 1 chart only. I have ONE same big picture of each currency pair, ONE core trading method i.e. TMS 5-Method and I trade 3 different timeframes

I placed my trades in 3 different platforms because I trade with different brokers and all non-MT4 except one.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #54,479
  • Mar 4, 2015 12:23pm Mar 4, 2015 12:23pm
Quoting emmanuel7788
{quote} Once upon a time, I was thinking like you until one day.... I discovered R and R-Multiple. R=50pips, 10Rs = 500pips R=100pips, 5Rs = 500pips R=500pips, 1R =500pips How many Rs do you think you can consistently make in 20-trading days over a 3 years period?
So its more logic to use fixed amount of risk per trade? same volume?
  • #54,480
  • Mar 4, 2015 1:15pm Mar 4, 2015 1:15pm
Quoting emmanuel7788
{quote} You need to have a Blueprint for Trading Success. I have only 1 chart open which I use to monitor the currency pair I trade. I trade the same currency pair on 3 different timeframes - H1, H4 and D1, and see all 3 different timeframes in 1 chart only. I have ONE same big picture of each currency pair, ONE core trading method i.e. TMS 5-Method and I trade 3 different timeframes I placed my trades in 3 different platforms because I trade with different brokers and all non-MT4 except one.
Okay thats your method and Trading-style that fits for you.
But 1 main goal for me is that I would like to finish my Trading-Session after around 6 hours and I am all the way porfitable with all my systems as I like to get away form getting bored with just 1 system.And its functionable for me since 4 years now.
So no need for me to adjust anything except some improvements in my Indicators to see things quicker.And this exactly what I am asking here from time to time in the Forum.
So again if anyone would like to have the same possibility with an Alarm maybe there is some kindly Coder who is willing to Code the Alarm?!?
Thanks for any info.
Regards Zack
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