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Monitor for 'Trading Made Simple' system 565 replies

Trading Made Simple the right way, and other trading lessons 334 replies

Indicators for the 'Trading Made Simple' system 343 replies

MTF Indicators for the 'Trading Made Simple' system 241 replies

Trading Made Simple system follower - Thanks to eelfranz 9 replies

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Trading Made Simple

  • #57,561
  • Jun 2, 2015 10:01pm Jun 2, 2015 10:01pm
Quoting bigcakex
{quote} Hi,Vnp， I found that GU is the only pair you trade.isn't it ? Regards.
I do not have time for the other pairs.
I have them monitor, sometimes.
I recently started to learn trading, still spend more time reading, learning, practice on simulators ...
Good luck to you, my friend
  • #57,562
  • Jun 2, 2015 11:34pm Jun 2, 2015 11:34pm
hi, anyone have this indicator, show:

H1 H4 D1 with arrow
spread: and time?


thanks
Attached Image (click to enlarge)
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  • #57,563
  • Jun 3, 2015 1:40am Jun 3, 2015 1:40am
Quoting emmanuel7788
{quote} try this! https://www.youtube.com/watch?v=zn8ybpWNuR4
Thanks Emmanuel for the advise, but unfortunately it did not work
still having the same issue...
  • #57,564
  • Jun 3, 2015 2:39am Jun 3, 2015 2:39am
Quoting emmanuel7788
{quote} Good post! The current D1 chart 3 Jun market type is not the same as in the earlier setup you mention candle 1 and 2. {image}
yes Emmanuel, the market type is not the same. If it was I am sure a lot of traders who use supply/demand would already have entered even before the bullish candle is formed. I am just saying it's similar in the sense that there were several red apb before a change to a blue apb. I wasn't referring to the price where a reversal happened nor to where the tdi is at. By the way how would you trade this or would you let this go by?
the cautious seldom err....C
  • #57,565
  • Jun 3, 2015 8:56am Jun 3, 2015 8:56am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 15 KB

dont see any setup today in h4. Does anyone take trade on eurusd today?

p.s i want to entry at that blue circled tdi and apb but the apb show not a valid entry
Take What You Can , Give Nothing Back
  • #57,566
  • Jun 3, 2015 9:05am Jun 3, 2015 9:05am
Took 8 trades today.
EU 4 trades.
EA 2 trades.
EJ 2 trades.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: EA H1 0603.png Size: 59 KB
Click to Enlarge Name: EURUSD H1 0603.png Size: 43 KB
  • #57,567
  • Jun 3, 2015 10:03am Jun 3, 2015 10:03am
EJ H1 trade ....
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  • #57,568
  • Jun 3, 2015 10:06am Jun 3, 2015 10:06am
Quoting emmanuel7788
{quote} Good post! The current D1 chart 3 Jun market type is not the same as in the earlier setup you mention candle 1 and 2. {image}
Hi Emmanuel and Pips29

Thank you very much for your replies. Thanks to pips29 for his time on charts explaining his view. But, I am little bit confused here with the technicalities of fib etc. Is there a simple method to trade Daily and H4 charts as explained by Big E in this forum. What I understand from Post #302, he has discouraged trading on Daily charts. He also referred to watch "Highs & Lows" in some posts (#53, 276, 647, 4099, 4746) for placing trades and and to place stop loss. I could not understand which highs and lows he is referring to. I will be thankful if someone clear it. Due to time constraints I only trade NY session.
  • #57,569
  • Jun 3, 2015 10:39am Jun 3, 2015 10:39am
Done for today

GU +156

See blue mark, its set 1.5355
but decide not greedy, close earlier

Attached Image
  • #57,570
  • Jun 3, 2015 10:57am Jun 3, 2015 10:57am
Quoting brekz1
Done for today GU +156 See blue mark, its set 1.5355 but decide not greedy, close earlier {image}
Hi Brekz,

Are these trades not shorts? Looks like you're using MT4 and the dotted lines indicating your trades are red... not blue.

Is there a way of changing this in MT4?

Regards

Ballistical
Focus on the process and the profits will follow
  • #57,571
  • Edited 11:26am Jun 3, 2015 11:08am | Edited 11:26am
Quoting Ballistical
{quote} Hi Brekz, Are these trades not shorts? Looks like you're using MT4 and the dotted lines indicating your trades are red... not blue. Is there a way of changing this in MT4? Regards Ballistical
you are right, i change that line color to red for much easier to see, its originaly blue

Attached Image (click to enlarge)
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​
  • #57,572
  • Jun 3, 2015 11:57am Jun 3, 2015 11:57am
@brekz1:

sorry, noob question: looks like, the entry was before the TDI cross, or i`m looking wrong...

Thank you!
  • #57,573
  • Jun 3, 2015 12:22pm Jun 3, 2015 12:22pm
Quoting Draffi
@brekz1: sorry, noob question: looks like, the entry was before the TDI cross, or i`m looking wrong... Thank you!
yes right, i take because have 4 down move rejection at same area price, and also checking at lower TF
  • #57,574
  • Jun 3, 2015 2:05pm Jun 3, 2015 2:05pm
Quoting brekz1
{quote} you are right, i change that line color to red for much easier to see, its originaly blue {image}​
Thanks Brekz,

I hadn't ever tried changing it before but it makes more sense now!

Very nice trades... perfect entry on the one position!
Focus on the process and the profits will follow
  • #57,575
  • Jun 3, 2015 3:52pm Jun 3, 2015 3:52pm
Quoting brekz1
{quote} yes right, i take because have 4 down move rejection at same area price, and also checking at lower TF
this might explain the rejections you noticed, in MML the 4/8th considered the pivot or the 50% in every octave, I guess you found a solid one. well done.
Attached Image (click to enlarge)
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"the public is not yet ready for it" W.D. GANN
  • #57,576
  • Jun 3, 2015 5:06pm Jun 3, 2015 5:06pm
Hi,

I'm kinda new to the TMS system but I'm liking it so far and I'm eager to learn more.

As I am new to the system I will start by trading only two pairs on my demo account and visually backtest other pairs to get some feeling for the signals. I think it's probably best to trade two somewhat uncorrelated pairs so I will probably go for EUR/GBP and USD/CAD.

I was also wondering if you guys used one specific timeframe for taking trades or if you sometimes cycle between them for other type of trades. So if you find a good signal on a 4H trade you'll open a swingtrade position or if you find one on 15M you'll scalp some pips. Or would you advise against this?

Something else is that I don't trade on MT but on a different platform so I had to replicate the indicators. Below I attached a screenshot of my setup at the moment. It would be great to get some feedback on this. Does any of you tweak around with the settings of the TDI or is it a waste of time to try this?

That's it for now .. Any feedback would be greatly appreciated !
Attached Image (click to enlarge)
Click to Enlarge Name: Setup.png Size: 124 KB
  • #57,577
  • Jun 3, 2015 6:28pm Jun 3, 2015 6:28pm
Quoting fortunemaker
{quote} Hi Emmanuel and Pips29 Thank you very much for your replies. Thanks to pips29 for his time on charts explaining his view. But, I am little bit confused here with the technicalities of fib etc. Is there a simple method to trade Daily and H4 charts as explained by Big E in this forum. What I understand from Post #302, he has discouraged trading on Daily charts. He also referred to watch "Highs & Lows" in some posts (#53, 276, 647, 4099, 4746) for placing trades and and to place stop loss. I could not understand which highs and lows he is referring...
Hi Fortunemaker,

Sorry, I am busy this week and will reply your post 57,534 later. It will take time as I need to do the charts with explanation which I feel is important for trading the D1 chart.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #57,578
  • Jun 3, 2015 6:58pm Jun 3, 2015 6:58pm
Quoting tibovwh
Hi, I'm kinda new to the TMS system but I'm liking it so far and I'm eager to learn more. As I am new to the system I will start by trading only two pairs on my demo account and visually backtest other pairs to get some feeling for the signals. I think it's probably best to trade two somewhat uncorrelated pairs so I will probably go for EUR/GBP and USD/CAD. I was also wondering if you guys used one specific timeframe for taking trades or if you sometimes cycle between them for other type of trades. So if you find a good signal on a 4H trade you'll...

Hi,

I wonder why you chose EURGBP. It has the lowest trading range among but the $value per pip is good.

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP Volatility.png Size: 105 KB


Best times to trade H1 is during the European session when Frankfurt open till London close. When the 3 Amigos (AU,EU and GU) are not riding in the same direction, it will be when this pair will move better.

Re-creating the TDI using the RSI on your platform is good. The RSI is a realtime indicator and will update on every price tick hence you will not have any repaintng and lagging TDI as in some versions of the MT4 TDI. You can replicate the Synery_Pro TDI by changing the RSI parameters as follows:
RSI set to period 10, Typical Price.
TDI Green set to 3 Exponential MA of the RSI(10)
TDI Red set to 7 Simple MA of the RSI(10)
TDI Yellow set to 34Simple MA

Multi-TimeFrame or Triple Screen Approach
When you trade the H4 for 4H Swing Trading, use the MTF or Triple Screen approach.
The Trend should be the D chart. Beware of market consolidation range 'big candle' in D chart TF.
The Setup chart TF is your H4
The Timing chart is your H1 or M15 for your trade entry.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #57,579
  • Jun 3, 2015 7:02pm Jun 3, 2015 7:02pm
Quoting brekz1
Done for today GU +156 See blue mark, its set 1.5355 but decide not greedy, close earlier {image}

Hi brek1

I will not buy when the price bar and APB are Red and also momentum shown by the TDI is negative.
These trades were not TMS 5-Method trades. This one you got lucky.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #57,580
  • Jun 3, 2015 7:20pm Jun 3, 2015 7:20pm
Quoting pips29
{quote} yes Emmanuel, the market type is not the same. If it was I am sure a lot of traders who use supply/demand would already have entered even before the bullish candle is formed. I am just saying it's similar in the sense that there were several red apb before a change to a blue apb. I wasn't referring to the price where a reversal happened nor to where the tdi is at. By the way how would you trade this or would you let this go by?

Hi pips29,

here is my chart with some notes on it. We need to wait for the 'low' to be confirm and to confirm the new trendy move otherwise the current trend is down and we face likely consolidation.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD D1 chart 4Jun.png Size: 106 KB


GBPUSD is wide ranging with trendy moves on D and we will find some good position trades for the next few months.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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