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Trading Made Simple

  • #55,201
  • Mar 24, 2015 11:37pm Mar 24, 2015 11:37pm
Quote
Nothing you add to the sub-window will 'increase the accuracy of TMS'. It is not about accuracy. Its is about high probability and consistency. The method.......

Thanx Emmanuel for guiding in such a way to new traders and informing about your own trading habits and plans . Regards.
Winners Never Quit, Quitters Never Win
  • #55,202
  • Mar 25, 2015 12:48am Mar 25, 2015 12:48am
Quoting shr5
{quote} Apologies for the Newbie query but how did you make the PAC have a grey outline and filled yet we were able to see the candles within? Would really appreciate a response, thanks again for all your help. Best Regards, Raza
Hi Emmanuel,

Could you please look into the query as per your convenience?

Thanks and Regards,

Raza
Raza
  • #55,203
  • Mar 25, 2015 1:42am Mar 25, 2015 1:42am
Quoting shay14
Hi guys, i know we're trying to keep things simple but if you want to increase the accuracy of TMS, use MTF stochastic, pretty much holy grail to me
Hi shay14, could u show us with some chart examples, I would like to compare it with mtf tdi approach. God Bless.
  • #55,204
  • Mar 25, 2015 1:55am Mar 25, 2015 1:55am
Hello friends,
I wait GU LO candle

I will be very happy for your comments,
Dan
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  • #55,205
  • Mar 25, 2015 2:10am Mar 25, 2015 2:10am
Quoting csethna
{quote} Hi shay14, could u show us with some chart examples, I would like to compare it with mtf tdi approach. God Bless.

The only multi timeframe MTF approach is to use the TDI and to look at 3 screens D1, H4 and H1. Look for the high probability trade setup and direction.
When you don't see one, then go and look at another pair.


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #55,206
  • Mar 25, 2015 2:12am Mar 25, 2015 2:12am
Quoting Trader MT4
Hello friends, I wait GU LO candle I will be very happy for your comments, Dan {image}

Triple Screen trading shows me that sell is the better option today on H1.

Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #55,207
  • Mar 25, 2015 2:17am Mar 25, 2015 2:17am
Quoting shr5
{quote} Hi Emmanuel, Could you please look into the query as per your convenience? Thanks and Regards, Raza
Hi,

That is the same PAC which you will find in the Synergy_Pro_APB.
I build my own version and have the background shaded in contrast colour just to give a better visual effect to explain my charts.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #55,208
  • Mar 25, 2015 2:56am Mar 25, 2015 2:56am
Hello Emanuel,

I tried to install TMS Monitor, but I didnot successful.

I found different versions on thread.
Please, send me your version of TmsMonitor.ex4, TmsMonitor.tpl, and compatibile TDI.ex4

Which MT-4 broker you use for your analyses?

Thanks
  • #55,209
  • Mar 25, 2015 3:05am Mar 25, 2015 3:05am
Hello everyone,

have been away from trading for the last 2 weeks due to personal life reasons, hoping I can make a positive return to it this week.

What are people's views on EU for London? FO candle is bullish but we seem to have been rejected on the H4 200 ema and the TDI suggests maybe bearish across the 3 tf's (as Emmanuel pointed out)

Although taking a short position is against the daily candle..

any thoughts?
  • #55,210
  • Mar 25, 2015 3:11am Mar 25, 2015 3:11am
Quoting emmanuel7788
{quote} Hi, I have the PAC on my template but I have the option to turn off/on when I want to. I recommend that all new traders use the PAC because the PAC will help filter out those TDI cross conditions which will fail to run into profit. Only when traders become proficient and confident to trade with Price Action at Support and Resistance then you can drop the PAC. Only use ther TDI, and do not introduce any other indicator in the sub-window which will only impede your development to become a price action trader. In most of my trade posts, I show...
Thank you , I will try to do what you have been doing for the monthly, weekly and daily, hope I can be a successful and consistent winning trader in the near future.
  • #55,211
  • Mar 25, 2015 3:12am Mar 25, 2015 3:12am
Quoting Trader MT4
Hello Emanuel, I tried to install TMS Monitor, but I didnot successful. I found different versions on thread. Please, send me your version of TmsMonitor.ex4, TmsMonitor.tpl, and compatibile TDI.ex4 Which MT-4 broker you use for your analyses? Thanks
Please post questions in the correct thread and not here.

I replied there already.
http://www.forexfactory.com/showthre...97#post8162597
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #55,212
  • Mar 25, 2015 3:18am Mar 25, 2015 3:18am
Quoting haydo147
Hello everyone, have been away from trading for the last 2 weeks due to personal life reasons, hoping I can make a positive return to it this week. What are people's views on EU for London? FO candle is bullish but we seem to have been rejected on the H4 200 ema and the TDI suggests maybe bearish across the 3 tf's (as Emmanuel pointed out) Although taking a short position is against the daily candle.. any thoughts?

yesterday's market pulled back from BRN 1.100 and look like a bearish D1 pin bar to some traders this may attract sellers therefore we need to be careful when we trade H1 today.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #55,213
  • Mar 25, 2015 4:13am Mar 25, 2015 4:13am
SL hit on:
GBP/JPY -29 pips
GBP/AUD -34 pips

Currently on
EURNZD -27 pips
EURAUD +4 pips
EURCAD-2 pips

Had to be me. Someone else might have gotten it wrong.
  • #55,214
  • Mar 25, 2015 4:38am Mar 25, 2015 4:38am
Quoting mordin
SL hit on: GBP/JPY -29 pips GBP/AUD -34 pips Currently on EURNZD -27 pips EURAUD +4 pips EURCAD-2 pips
G/A short ?
I'm in it with a SL over the Franfurt candle
  • #55,215
  • Mar 25, 2015 4:59am Mar 25, 2015 4:59am
Quoting mordin
SL hit on: GBP/JPY -29 pips GBP/AUD -34 pips Currently on EURNZD -27 pips EURAUD +4 pips EURCAD-2 pips

Hi mordin,

What I learn from your GBPxxx trades:
- small SL less than 50% of 30-days ADR will not work on H1
- do not trade when the H4 candles are small and the reversal is not confirm
- do not trade when the market is in narrow range
- wait for the candle to close, especially the LO candle and the Tokyo close is in the same hour.

note; This weekend 29 March will be DST changeover in Europe and the UK, and the Tokyo close will be 2 hours after LO.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #55,216
  • Mar 25, 2015 5:11am Mar 25, 2015 5:11am
Quoting emmanuel7788
{quote} You need to start here - TMS for beginners : Post#52,707
Thanks Emmanuel.
  • #55,217
  • Mar 25, 2015 5:46am Mar 25, 2015 5:46am
Quoting emmanuel7788
{quote} Hi mordin, What I learn from your GBPxxx trades: - small SL less than 50% of 30-days ADR will not work on H1 - do not trade when the H4 candles are small and the reversal is not confirm - do not trade when the market is in narrow range - wait for the candle to close, especially the LO candle and the Tokyo close is in the same hour. note; This weekend 29 March will be DST changeover in Europe and the UK, and the Tokyo close will be 2 hours after LO. regards,
Thank you Emmanuel, you always help me a lot and I'm still struggling

I'm trading the D1, H4 and sometimes H1. H1 only if the tdi cross > mbl for long, tdi cross < mbl for shorts,and PAC (above for long, below for shorts)
Sometimes if I see that H4 is about to give a signal, I drop to the H1 and see if there's a signal already.

I entered at the H4 candle publication.

Yesterday I closed an incredible trade for +150 pips, and on the same day I lost all the profit in another trades that also were losers.

Will take into account what you have told me emmanuel, but I doubt I can make profit. DD on demo account: 12%

Thank you very much.
Had to be me. Someone else might have gotten it wrong.
  • #55,218
  • Mar 25, 2015 6:08am Mar 25, 2015 6:08am
Quoting mordin
{quote} Thank you Emmanuel, you always help me a lot and I'm still struggling I'm trading the D1, H4 and sometimes H1. H1 only if the tdi cross > mbl for long, tdi cross < mbl for shorts,and PAC (above for long, below for shorts) Sometimes if I see that H4 is about to give a signal, I drop to the H1 and see if there's a signal already. I entered at the H4 candle publication. Yesterday I closed an incredible trade for +150 pips, and on the same day I lost all the profit in another trades that also were losers. Will take into account what...
Everyone can make profit on Forex. Everyone! You just have to believe in it and don't let losses to make a pressure on you. Psyhology is the main thing. When you are under the pressure, you would make a lot of mistakes. Everyone was there. You have to make your own trading plan, which also includes these moments. For example, if you have 2 SL in a single day, then you close your terminal and don't trade this day. Or when you reached your target for the day (like 150 yesterday), you close terminal and don't give these pips back to market. This is an example. It must depends on your own psyhology aspects. Think about it. And find out what works for you. That takes time, sometimes it can take a lot of time, but the result will be great. You are on the right way now, but you have a lot to practice still. And then you will find out what works most of times and what you don't need, because it doesn't work. We all learn here, and all go this way, hopefully one day to reach the target
  • #55,219
  • Mar 25, 2015 6:20am Mar 25, 2015 6:20am
Had one trade today. It's a loss. I will try to post all trades here, losses also. That was a mistake trade maybe. It didn't match to all my rules, but i did take it and lost. That's ok. Part of business.
Very fakey day. I thought, all fakes are past and now GBP/AUD will go to it's usual daily range. But that was fake again. Small breakout of 3-top and i did enter. It was counter-tren trade, so it was risky. There was a divergence on M15 but i closed my eyes on it and broke my rules with it. Divergences are very important in my trading rules. Also EMA10 on H4 was as a resistance and price didn't brake it. Closed the trade manually, when saw that my signal is not going to work as i planned. Anyway, not a big problem, just have to learn this lesson and go forward.
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  • #55,220
  • Mar 25, 2015 6:32am Mar 25, 2015 6:32am
Of course you can make profit! Trading got less to do with intelligence, it's got a lot to do with mindset and feelings however.
If you keep telling yourself that you can't do this, that is what your brain will think. Result is you will actually sabotage for yourself unconciosly. It's all a negative spiral. Just as you can teach yourself how to do a certain thing correctly, you can also teach yourself how to do a certain thing the wrong way... While your brain still thinks you do it correctly!

Think of it... When you drive a car, tie your shoe laces you do it without thinking. That's because you've done it correctly hundreds of times. That's the goal with trading as well. You must teach your brain to see the patterns in the market. How to recognise wide range bars, trending markets, non-trending markets. and how to react correctly to this data.

Do you know the reptilian brain part? It's the oldest part of our brain. It has one simple function, it reacts to danger and decides what to do - fight or flight. What do you think happens if we let this brain part take a part in our trading? Focus on your mindset and positive thinking. I don't believe in "The Secret" or anything, but positive thinking and being aware of how your brain reacts to certain aspects of trading will help you a lot I think.

I'm not very good at explaining this stuff, but I hope you get what I mean anyway.


Quoting mordin
{quote} Thank you Emmanuel, you always help me a lot and I'm still struggling I'm trading the D1, H4 and sometimes H1. H1 only if the tdi cross > mbl for long, tdi cross < mbl for shorts,and PAC (above for long, below for shorts) Sometimes if I see that H4 is about to give a signal, I drop to the H1 and see if there's a signal already. I entered at the H4 candle publication. Yesterday I closed an incredible trade for +150 pips, and on the same day I lost all the profit in another trades that also were losers. Will take into account what...
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