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Monitor for 'Trading Made Simple' system 565 replies

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Trading Made Simple

  • #54,801
  • Mar 11, 2015 2:44am Mar 11, 2015 2:44am
Quoting TheScorpS
{quote} perfect shoots nods, here and there they all addss up I like the way u trade , simple , clean and delivered
Thanks for your support TSS. This means a lot. We are privileged here in TMS to have so many good traders to lean from.
Intelligence is the ability to adapt to change. Stephen Hawking
  • #54,802
  • Mar 11, 2015 3:24am Mar 11, 2015 3:24am
I have a question about using the ADR w/ this strategy ...
is it used by trading between high/low levels or trading above/below and could You post an example?
Regards
  • #54,803
  • Mar 11, 2015 4:31am Mar 11, 2015 4:31am
Lateness! could have been 50 had I been here at LO
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  • #54,804
  • Mar 11, 2015 4:34am Mar 11, 2015 4:34am
Quoting WDays
Lateness! could have been 50 had I been here at LO {image}
Congratsss!

Took 45 of the same thing, will return with charts later.
  • #54,805
  • Mar 11, 2015 4:34am Mar 11, 2015 4:34am
After a slow start to the week I caught a nice sell on EA H1 this morning.

Helped along by Draghi's speech at LO it was good for +100 in 1.5hrs (Or more importantly +8%, whilst risking 2%)

Done for the day
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Focus on the process and the profits will follow
  • #54,806
  • Mar 11, 2015 4:41am Mar 11, 2015 4:41am
Quoting Ballistical
After a slow start to the week I caught a nice sell on EA H1 this morning. Helped along by Draghi's speech at LO it was good for +100 in 1.5hrs (Or more importantly +8%, whilst risking 2%) Done for the day {image}
Excellent Ballistical nice trading
Sad i'm not trying to understand PA
  • #54,807
  • Mar 11, 2015 4:45am Mar 11, 2015 4:45am
Quoting Vladbold
{quote} Congratsss! Took 45 of the same thing, will return with charts later.
Good job! I have a UJ long running still, target is high, let's see how it goes...

Quoting Ballistical
After a slow start to the week I caught a nice sell on EA H1 this morning. Helped along by Draghi's speech at LO it was good for +100 in 1.5hrs (Or more importantly +8%, whilst risking 2%) Done for the day {image}
Well done bro!
  • #54,808
  • Mar 11, 2015 4:46am Mar 11, 2015 4:46am
Quoting Ballistical
After a slow start to the week I caught a nice sell on EA H1 this morning. Helped along by Draghi's speech at LO it was good for +100 in 1.5hrs (Or more importantly +8%, whilst risking 2%) Done for the day {image}
Congrats !
  • #54,809
  • Mar 11, 2015 4:52am Mar 11, 2015 4:52am
Heres my 65 pips in EA .

I watched the priceaction , 5-6 bars before constrained nicely at the 50 ema ,
clear break TDI...,
waited for a break of the support and expected a new low ,
where my TP was.
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Risiko birgt immer auch die Chance.
  • #54,810
  • Mar 11, 2015 5:38am Mar 11, 2015 5:38am
who uses the market baseline to take their trades?

if its under 50, and tdi crosses down, is it high probably trade? vice versa for over 50
  • #54,811
  • Mar 11, 2015 5:58am Mar 11, 2015 5:58am
Unbelievable how TMS changed the way of my trading - Still doing it on demo with bad money management, but when i manage to trade like this for the next 2 - 3 months i will go live again.

Thanks to y'all for this !!!
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  • #54,812
  • Mar 11, 2015 6:09am Mar 11, 2015 6:09am
Quoting f1nan2amt
Unbelievable how TMS changed the way of my trading - Still doing it on demo with bad money management, but when i manage to trade like this for the next 2 - 3 months i will go live again. Thanks to y'all for this !!! {image}
I'm happy for you!
  • #54,813
  • Mar 11, 2015 6:17am Mar 11, 2015 6:17am
Missed TP by a bit, I closed because it would retrace too deeply, and I'd rather not be exposed. Options laying around also, hence chances for downside...
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  • #54,814
  • Mar 11, 2015 6:18am Mar 11, 2015 6:18am
There is alot of complaints concern about brokers spiking spreads to take out people's stop losses on other threads, see thread on broker discussion on FXCM.

To avoid this I am experimenting with hedging and rather than using a stop order I am putting in entry order opposite direction to my original position once the loss limit is reached on the original position. This stems the potential loss getting worse and also gives me time to study and identify appropriate exit or even re-entry points. It also avoids the risk of being taken out by low liquidity spread spikes. Yesterday I was 100 hundred down on position and doing this managed to turn the trade sequence into around a 200 net profit (demo I hasten to add).

I appreciate people with US brokers can't do this but for us in other parts of the world we can, as long as we use a no dealing desk broker.

Grateful for people's thoughts and ideas experience on this.
  • #54,815
  • Mar 11, 2015 6:23am Mar 11, 2015 6:23am
Thou shall not be mad for only taking 45 pips from a 100 pip move.

Thou shall not be mad for only taking 45 pips from a 100 pip move.

Thou shall not be mad for only taking 45 pips from a 100 pip move.

Thou shall not be mad for only taking 45 pips from a 100 pip move.

Thou shall not be mad for only taking 45 pips from a 100 pip move.

Thou shall not be mad for only taking 45 pips from a 100 pip move.

...
  • #54,816
  • Mar 11, 2015 6:35am Mar 11, 2015 6:35am
Woke up to 2 good things. My take profit got hit at 40 pips, but apparently FXCM gave me profit for a 60 pip win? I've calculated it over and over to see if I was mistaken, but I'm not. Weird, but I'll take it
  • #54,817
  • Mar 11, 2015 7:02am Mar 11, 2015 7:02am
Quoting rnsfrd
Woke up to 2 good things. My take profit got hit at 40 pips, but apparently FXCM gave me profit for a 60 pip win? I've calculated it over and over to see if I was mistaken, but I'm not. Weird, but I'll take it
Slippage brah, FXCM are notorious for it
  • #54,818
  • Mar 11, 2015 7:08am Mar 11, 2015 7:08am
Quoting rnsfrd
Woke up to 2 good things. My take profit got hit at 40 pips, but apparently FXCM gave me profit for a 60 pip win? I've calculated it over and over to see if I was mistaken, but I'm not. Weird, but I'll take it
I think FXCM are incompetent and god only knows how they operate things.

Last week they closed one of my trades at 8:30 GMT on a Sunday. The market wasn't even open! I have asked them repeatedly for explanation but their reps are stumped and can give no reason and keep promising that someone will follow up but they don't. All they did say problem with account open a new one. It is almost like their entire system is a set up contrived by them. It is only demo so I am not bothered but, from this and what I have read elsewhere about FXCM I would be a fool to open a real account with them.

PS Mind you if they have made a mistake against their own interest they may be more "competent" to address it than the other way round.
  • #54,819
  • Mar 11, 2015 8:06am Mar 11, 2015 8:06am
Quoting omonisha
{quote} Excellent Ballistical nice trading
Thanks Omonisha! Congrats on your Senior status. Well deserved!

Quoting WDays
{quote} Good job! I have a UJ long running still, target is high, let's see how it goes... {quote} Well done bro!
Thanks mate. Nice catch from you on EU!
Focus on the process and the profits will follow
  • #54,820
  • Mar 11, 2015 8:26am Mar 11, 2015 8:26am
well done every TMS traders that took EA EJ and the rest, you are doing an amazing job
I Have Learned to Take Some Losses to Make Profits
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