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Trading Made Simple

  • #54,961
  • Mar 16, 2015 7:27pm Mar 16, 2015 7:27pm
Quoting Phx62
{quote} Shadownet Yes, my London boxes are off by one hour due to the US changing to DST last week but Arizona does not move to DST. When London moves to DST in 2 weeks, that will change again. I just have not changed them. I know they are off by 1 hour when I trade. For the purposes of posting in the next couple of weeks, I will change them so no one gets confused. As far as my charts go, I have them zoomed back one click from the max and I watch them on a 24" monitor. Not sure why yours don't look the same. In the properties section of the charts...
Thanks PHX62. I just wanted to confirm about the LO thing.

Nope nothing is checked in the Scaling section. Even with Chart shift turned off I can only see the 5 previous days where you could see 6 days? Do you have the APB bars set to Bar width 3? Thanks.
Attached Image (click to enlarge)
Click to Enlarge Name: PHX62 Question.jpg Size: 374 KB
  • #54,962
  • Mar 16, 2015 7:35pm Mar 16, 2015 7:35pm
Quoting Phx62
A very slow GJ trade today with no news to move the market. I set a 40 pip SL below the low of the Frankfurt candle, which is a very small SL for this pair but I did not want to risk any more pips. Fortunately, it did not get hit. Entered one candle late per TMS rules but shortly after LO following a break above the Frankfurt candle and my Asian channel. This was a risky trade because I did not follow all my rules. I won't enter again like that and I knew better when I did it. This time it worked out but the percentages of it working again are not...
May I ask why you did not decide to close your trade after the 2PM GMT red bearish engulfing candle close? Did you expext it to bounce of the TDI 50 Line since Price was making higher lows? I was a bit afraid to take this as it was a CT to Higher TF. Thanks.
  • #54,963
  • Mar 16, 2015 7:46pm Mar 16, 2015 7:46pm
Quoting Shadownet
{quote} Thanks PHX62. I just wanted to confirm about the LO thing. Nope nothing is checked in the Scaling section. Even with Chart shift turned off I can only see the 5 previous days where you could see 6 days? Do you have the APB bars set to Bar width 3? Thanks. {image}

Try hit F11 function key to show full-screen....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #54,964
  • Mar 16, 2015 7:49pm Mar 16, 2015 7:49pm
Quoting Shadownet
{quote} May I ask why you did not decide to close your trade after the 2PM GMT red bearish engulfing candle close? Did you expext it to bounce of the TDI 50 Line since Price was making higher lows? I was a bit afraid to take this as it was a CT to Higher TF. Thanks.
I don't know what made Phx62 stay in that H1 trade for so many hours.
But....what I saw was,
It was CT to last week' down move.
But take a look at H4, that bullish Pin Bar was nice looking for CT trade.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #54,965
  • Mar 16, 2015 7:52pm Mar 16, 2015 7:52pm
I just did two M15 trades using TMS 5-Method way.
If you are a M15 scalper, you can see my post here.
http://www.forexfactory.com/showthre...21#post8141321
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #54,966
  • Mar 16, 2015 7:53pm Mar 16, 2015 7:53pm
Quoting emmanuel7788
I just did two M15 trades using TMS 5-Method way. If you are a M15 scalper, you can see my post here. http://www.forexfactory.com/showthre...21#post8141321

I am glad you posted that. Means I am on the right track. I am in the same trade.
  • #54,967
  • Mar 16, 2015 8:03pm Mar 16, 2015 8:03pm
Quoting Trendzalore
{quote} I am glad you posted that. Means I am on the right track. I am in the same trade.

Trendzlore,

TMS 5-Method can be traded in all timeframes. We just have to keep using just one oscillator i.e. the TDI or the RSI to see the price momentum and the APB / HA candles help us with the price action movements.

We must not add anything to the indicator sub-window which will only affect the way to trade with Price Action at support and Resistance PASR and let the TDI confirms the PASR.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #54,968
  • Mar 16, 2015 8:07pm Mar 16, 2015 8:07pm
Quoting emmanuel7788
{quote} Trendzlore, TMS 5-Method can be traded in all timeframes. We just have to keep using just one oscillator i.e. the TDI or the RSI to see the price momentum and the APB / HA candles help us with the price action movements. We must not add anything to the indicator sub-window which will only affect the way to trade with Price Action at support and Resistance PASR and let the TDI confirms the PASR. regards,
TDI and APB is all I use now. with the exception of the 50 EMA which I still have on my chart. My decision making has becoming much easier now thanks to TMS.
  • #54,969
  • Mar 17, 2015 1:07am Mar 17, 2015 1:07am
GBPJPY narrow range Asian session:

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY H1 17 Mar pre-LO.jpg Size: 356 KB


Possibilities:

1. breakout to the downside following the previous 2 weeks bearish bias.

2. breakout to the upside following yesterdays bullish Day bias.

Wait for the price action setup.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #54,970
  • Mar 17, 2015 1:51am Mar 17, 2015 1:51am
Hello Emmanuel,

Your GY is 1H Chart.
Which Timeframe Chart you use to enter in that Brakeout?
And how you enter in, maybe Pending order?
Maybe wait on 15 min Pulback 2 or 3 candles?
Dan
  • #54,971
  • Mar 17, 2015 2:28am Mar 17, 2015 2:28am
Quoting Trader MT4
Hello Emmanuel, Your GY is 1H Chart. Which Timeframe Chart you use to enter in that Brakeout? And how you enter in, maybe Pending order? Maybe wait on 15 min Pulback 2 or 3 candles? Dan

Hi TraderMT4

I don't use pending stop orders.
Better wait for the Tokyo session to close and look carefully at the London Open candle to see if we have a H1 setup.
Very obviously that there were very little buying nor selling interest during today' Tokyo session with all the small candles.
Only after Tokyo close, then we will see if the market will set the London session high or low later.

Should there be e huge breakout candle, wait for a retracement entry in lower TF like M15.

If we are patient during the next few days, we may catch the next big move. Look at D1 chart.

regards,
Attached Image (click to enlarge)
Click to Enlarge Name: Tokyo close hour and LO.jpg Size: 56 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #54,972
  • Mar 17, 2015 2:43am Mar 17, 2015 2:43am
Thank you very much Emmanuel
  • #54,973
  • Mar 17, 2015 6:15am Mar 17, 2015 6:15am
Quoting Trader MT4
Hello Emmanuel, Your GY is 1H Chart. Which Timeframe Chart you use to enter in that Brakeout? And how you enter in, maybe Pending order? Maybe wait on 15 min Pulback 2 or 3 candles? Dan

Hi TraderMT4,

Here is how I made my entry on the breakout LO candle.
Both trades are now at BE using the average entry price.
Now to decide how to handle the New York Open.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY H117 Mar trades LO.jpg Size: 216 KB


Tomorrow on D1 chart, we look for possible Day Inside Bar breakout.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #54,974
  • Mar 17, 2015 7:24am Mar 17, 2015 7:24am
Thanks Emmanuel,
is it possible to send me your yellow BRN indicator?
Dan
  • #54,975
  • Mar 17, 2015 7:34am Mar 17, 2015 7:34am
Quoting Trader MT4
Thanks Emmanuel, is it possible to send me your yellow BRN indicator? Dan

BN Levels : Post#22,389 (also read post#49,368)
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #54,976
  • Mar 17, 2015 9:18am Mar 17, 2015 9:18am
When Cavemanager EA is loaded on my chart, if I move TF to Weekly or Monthly, an annoying pop-up shows up:
Attached Image


Does anyone have the same issue?
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #54,977
  • Mar 17, 2015 9:51am Mar 17, 2015 9:51am
Hi all !

I know that this question have been already answered in the TMS forum .. shame on me .. but I canīt find the answer :

what is the name of the indicator that indicate the entry and close inside the bar ?
Attached Image
  • #54,978
  • Mar 17, 2015 10:03am Mar 17, 2015 10:03am
Quoting totowah
Hi all ! I know that this question have been already answered in the TMS forum .. shame on me .. but I cant find the answer : what is the name of the indicator that indicate the entry and close inside the bar ? {image}
That's not an indicator. It's the bar chart behind the Heiken Ashi candles.
  • #54,979
  • Mar 17, 2015 10:45am Mar 17, 2015 10:45am
Thatīs my 10 pips catch in M1 EU.

I don t trade that much , the last weeks , but for a M1 entry is always a little bit time during my daily work

I still like the simple template , Big E posted in the beginning of this thread and added a `50 ema to it .
No overanalysing , no predicting , just keeping it simple
Guido
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDcM1.png 17.3. 10 pips.png Size: 33 KB
Risiko birgt immer auch die Chance.
  • #54,980
  • Mar 17, 2015 10:49am Mar 17, 2015 10:49am
Quoting totowah
Hi all ! I know that this question have been already answered in the TMS forum .. shame on me .. but I cant find the answer : what is the name of the indicator that indicate the entry and close inside the bar ? {image}

Just Click Here !
Attached Image
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csethna