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Trading Made Simple

  • #58,601
  • Jul 6, 2015 3:16pm Jul 6, 2015 3:16pm
Dear Emmanuel,

Thank you very much to keep on training us to develop our third eye.

Do you have an indicator to trace the RN only on the right side or do you trace them manually (I've checked many posts but have not found this India, only the standard one which trace them all the screen width)?

Many thanks!

Quoting emmanuel7788
{quote} {image} The last swing high created a consolidation seen with the D1 Inside Bar and today we have a IB breakout. AB=CD completion looks good but we have another swing high seen to the left and the BRN 1.2700. Expect market reaction. {image}
  • #58,602
  • Jul 6, 2015 3:40pm Jul 6, 2015 3:40pm
Quoting Arso
Dear Emmanuel, Thank you very much to keep on training us to develop our third eye. Do you have an indicator to trace the RN only on the right side or do you trace them manually (I've checked many posts but have not found this India, only the standard one which trace them all the screen width)? Many thanks! {quote}
Arso,
I believe the indi you seek is attached below.

Best,
N

Attached File(s)
File Type: ex4 BN Levels v1.02.ex4   15 KB | 514 downloads
  • #58,603
  • Jul 6, 2015 3:44pm Jul 6, 2015 3:44pm
Many thanks Nik!

i will try it tomorow. Good night!




Quoting Nik-Nyc
{quote} Arso, I believe the indi you seek is attached below. Best, N {file}
  • #58,604
  • Jul 6, 2015 10:25pm Jul 6, 2015 10:25pm
On a halt doing D trading for below:

EN, GN - Slowing down for a correction
GA - At historical last swing high and the previous days candles have been losing its momentum
EU - Still dancing within the WRB formed days ago.


Might have a go at the below pairs:

EA - Bullish candle seen but still waiting for it to break the MC.
GU - D candle rejection at EMA200 and waiting for a trend confirmation moving forward
  • #58,605
  • Jul 6, 2015 11:50pm Jul 6, 2015 11:50pm
Enter E/J position. It seems to be a good setup to me.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH1.png Size: 42 KB
  • #58,606
  • Jul 7, 2015 12:19am Jul 7, 2015 12:19am
Hi All

No more H4 crosses these days!! ( H4 is the main time frame of trading made simple )
What does it mean ? The end of using H4 or just for range market due to Greece Crisis ?!
Should we migrate to lower time frames?!

Your comments would be appreciated.
regards
  • #58,607
  • Jul 7, 2015 12:45am Jul 7, 2015 12:45am
Quoting dewdrops
{quote} Hey Dimi, Do you trade based on Primary trend (PT) change signal, TDI without yellow line with confirmation with stoc (8,3,3)? I thought yellow baseline is the core of this system. I was checking out the same chart both on H1 and H4. There were trend change signals H4 on 12th and 15th June. How do you recognize which one would be break out like last one you took and which would end up in choppy move? PT change buy Signals that had no move: 15 june 0 UTC 16 june 8 UTC
Hey Dew,

Good question. The PT change signal arrow I only use as a confirmation to stay in the trade. Even though I only trade the 4H charts I have actually scalped on the 5M chart using the PT arrows as a entry signal on a live account on small lots of 0.04 per pip and it worked well (no losses in the 5 test trades I took using the PT arrow). It is a lot more reliable than other "arrow" entry indicators out there.
Try it out. Scalp the 5M chart for 5-10 pips using the PT arrow.

When you say the "yellow baseline" do you mean the replacement EMA under the average price bars? Or are you talking about the yellow line in the TDI indicator window?
I don't use the yellow line in the TDI indicator window. I also use the standard yellow price action channel included in Synergy Pro as I set my stop loss just above the PAC in the 4 hour chart if the ABP's have a fair distance sitting away from the outside of the PAC. You'll notice that once the APB's are away from the PAC they don't usually come back (unless there's a major news release that whipsaw's the APB's the other way).

And like Big E, I use the 8, 3, 3 Stochastic as confirmation to enter. TDI and Stochastic pointing in the same direction it's good to go.

So far I'm up 21 pips this week. That might not sound a lot to most people but for me I couldn't be more thankful. A few months ago before I came across the TMS strategy I was sometimes struggling to break even on a good week.

PS: I also use this small compass as a "TDI guide" on wether to take the trade or not
Attached Image
  • #58,608
  • Jul 7, 2015 12:54am Jul 7, 2015 12:54am
Quoting Dimi.A
{quote} Ah, bless you Eric. RIP Big E I owe so much to this thread. I've tried so many other strategies and even gone back to bare bones price action but TMS is always the most profitable, secure and easiest system I ever came across. I was a 1M and 5M chart trader until I came across the TMS strategy. Now I love trading it on the 4H at night and entering a trade before going to sleep (10pm Sydney time) then waking up and checking the trade in the morning. Such a good feeling when you open your mobile MT4 and see your trade screen in blue...
hi,

how would you get the arrows on TDI and in chart I am trying to use Synergy Pro-indicators-Synergy_Pro_APB_Arrows.mq4 from your attachment but my charts are hanging. do i need any extra files other than your synergy-pro revised bundle
  • #58,609
  • Jul 7, 2015 1:08am Jul 7, 2015 1:08am
Quoting Dimi.A
{quote} Hey Dew, Good question. The PT change signal arrow I only use as a confirmation to stay in the trade. Even though I only trade the 4H charts I have actually scalped on the 5M chart using the PT arrows as a entry signal on a live account on small lots of 0.04 per pip and it worked well (no losses in the 5 test trades I took using the PT arrow). It is a lot more reliable than other "arrow" entry indicators out there. Try it out. Scalp the 5M chart for 5-10 pips using the PT arrow. When you say the "yellow baseline" do you mean the replacement...
Thanks for your detailed reply. I meant yellow line in the TDI indicator window. I'll try out 5M scalp soon. Do you try that after news events or LO?
  • #58,610
  • Jul 7, 2015 4:00am Jul 7, 2015 4:00am
EJ Short 50+, However entry was bit late.
Below DOL, 50 EMA ,10 EMA, TDI below 50 and below MBL, in a way A+++ Setup
Attached Image (click to enlarge)
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  • #58,611
  • Jul 7, 2015 4:08am Jul 7, 2015 4:08am
Ecad +30 TP was short to 50% fib, it was counter to HTF Cad pairs trend so I kept TP 30.
Below DOL, 50 EMA and 10 EMA, TDI cross below 50 and below MBL in a way good setup for me. Now I reduced to trade against the DOL Trying to make my own rules to select high probability setups.

Thanks
Attached Image (click to enlarge)
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  • #58,612
  • Edited 4:32am Jul 7, 2015 4:16am | Edited 4:32am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 30 KB

+50 tdi crossed down
i wait for price to cross 10 ema and break asian session
what make it move like that maybe news
was aiming for 25 pips though from that trade
Take What You Can , Give Nothing Back
  • #58,613
  • Jul 7, 2015 4:21am Jul 7, 2015 4:21am
Bit of Dragon Riding
GBPJPY H1 +150 (+25 +50 +75)
Entered after after close of APB outside pack TP3 set for YL. Red and green TDI separating.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 31 KB
Never argue with a fool; onlookers may not be able to tell the difference.
  • #58,614
  • Jul 7, 2015 4:29am Jul 7, 2015 4:29am
Hi guys, I have already 5 open long term selling position in eurjpy and audjpy @ BE. But I see a few trading setup in H4 on other pairs, I'm wondering how do you filter or choose the best trading pairs to trade with.

I don't want to overtrade it but sometimes the other pairs that I did not chose tend to hit its target and it really affects my psychology in trading. I am watching 25 currency pairs at the same time in major pairs and forex crosses. Is it ok to watch those 25 pairs since most of them are correlated.

Hoping for answers that can calm my mind.
  • #58,615
  • Jul 7, 2015 4:42am Jul 7, 2015 4:42am
Quoting farhad10
Hi All No more H4 crosses these days!! ( H4 is the main time frame of trading made simple ) What does it mean ? The end of using H4 or just for range market due to Greece Crisis ?! Should we migrate to lower time frames?! Your comments would be appreciated. regards
Hi,

Other than looking for H4 setup with TDI cross and APB#1 and #2, there are also the TDi bounce type of setups you can look for.
There are also several Price Action type of setups with the TDI as confirmation of the price momentum which good to trade in sideways wide range market type.
Also when there are 'big candle' WRB seen in H4, we can always drop down to H1 and M15 to trade those setups within the high-low of H4 'big candles'.
You can also trade the continuation of the previous D1 candle in low timeframes like M15 and H1. Look at USDCAD as an example.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #58,616
  • Jul 7, 2015 5:33am Jul 7, 2015 5:33am
Quoting emmanuel7788
{quote} Hi, Other than looking for H4 setup with TDI cross and APB#1 and #2, there are also the TDi bounce type of setups you can look for. There are also several Price Action type of setups with the TDI as confirmation of the price momentum which good to trade in sideways wide range market type. Also when there are 'big candle' WRB seen in H4, we can always drop down to H1 and M15 to trade those setups within the high-low of H4 'big candles'. You can also trade the continuation of the previous D1 candle in low timeframes like M15 and H1. Look at...
Emmanuel;

Thanks for your advice. Yes I know about what you said but i just wanted to challenge H4 time frames !
But a few minute ago H4 shows that is still alive and we can trust him as great as possible
my self catch some great pip from E/.... s
Today H4 told us not to blame him , this range condition is because of GREECE !
Rip BIG E

regards
  • #58,617
  • Jul 7, 2015 6:20am Jul 7, 2015 6:20am
Entry on EU Short so far 90+ Happy trading everyone.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 34 KB
Positive anything is better than negative thinking.- Elbert Hubbard
  • #58,618
  • Jul 7, 2015 6:54am Jul 7, 2015 6:54am
Quoting emmanuel7788
{quote} Hi, Other than looking for H4 setup with TDI cross and APB#1 and #2, there are also the TDi bounce type of setups you can look for. There are also several Price Action type of setups with the TDI as confirmation of the price momentum which good to trade in sideways wide range market type. Also when there are 'big candle' WRB seen in H4, we can always drop down to H1 and M15 to trade those setups within the high-low of H4 'big candles'. You can also trade the continuation of the previous D1 candle in low timeframes like M15 and H1. Look at...
Wow! thanks for this great information about continuation of previous candle to trade in lower timeframes like h1 & m15. I thought we only focus only in H4 swing and Daily position trading. That's why I did not bother trading the NZD H4 setup but looking in h1 & m15, they are like goldmine
  • #58,619
  • Jul 7, 2015 7:15am Jul 7, 2015 7:15am
Quoting Lookleft
Bit of Dragon Riding GBPJPY H1 +150 (+25 +50 +75) Entered after after close of APB outside pack TP3 set for YL. Red and green TDI separating. {image}

Hello lookleft, how you get 1st, 2nd and 3rd target? Dan
  • #58,620
  • Jul 7, 2015 7:33am Jul 7, 2015 7:33am
Quoting Trader MT4
{quote} Hello lookleft, how you get 1st, 2nd and 3rd target? Dan
Hi Dan,
The trade was managed by Cavemanager which moved S/L to BE at +25 pips and closed 33% of the trade at each of the TP. That allowed me to concentrate on GU, EU, and EJ trades
Never argue with a fool; onlookers may not be able to tell the difference.
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