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Monitor for 'Trading Made Simple' system 565 replies

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Trading Made Simple

  • #58,841
  • Jul 16, 2015 8:39am Jul 16, 2015 8:39am
EA H1 Sell 16-07-15

Attached Image (click to enlarge)
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Entered long on M30 with SL=40 pips which got hit and then re-evaluated the trading plan.

Trade entered on factors:
1. Trade entered on candle close below DOL
2. Below prev day 50%
3. Candle closed strongly below 200 ema
4. Candle closed below big round number 1.48000

Kindest regards
  • #58,842
  • Jul 16, 2015 8:42am Jul 16, 2015 8:42am
Quoting Lookleft
First trade for a while as I'm away on holiday but I couldn't resist EURAUD H1 +150 (+25 +50 +75) Entry on close of LO. Price below all ema and BRN. AU had started to climb which helps push EA down and UJ and UC where trying to head up which helps push EUR down. Final TP was set at YL and just above BRN. {image} Back to the Sangria and Spanish sun
Nicely done LL,

I caught the same move
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Focus on the process and the profits will follow
  • #58,843
  • Jul 16, 2015 8:52am Jul 16, 2015 8:52am
Quoting Ballistical
{quote} Nicely done LL, I caught the same move {image}
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #58,844
  • Jul 16, 2015 9:02am Jul 16, 2015 9:02am
Quoting MrAussieFX
EA H1 Sell 16-07-15 {image} Entered long on M30 with SL=40 pips which got hit and then re-evaluated the trading plan. Trade entered on factors: 1. Trade entered on candle close below DOL 2. Below prev day 50% 3. Candle closed strongly below 200 ema 4. Candle closed below big round number 1.48000 Kindest regards
That's what I call keeping calm, re-evaluating and making a superb recovery trade

Quoting Ballistical
{quote} Nicely done LL, I caught the same move {image}
Never argue with a fool; onlookers may not be able to tell the difference.
  • #58,845
  • Jul 16, 2015 9:07am Jul 16, 2015 9:07am
Quoting Next4467
{quote} Thanks emmanuel I like having the MTF TDI it gives me confirmation that I am trading with the higher time frame and helps me filter out bad trades, maybe when I get more experience I will try without.
Next4467;

if you use multi time farme and look at the H4 and daily manually, it will be more effective than using MTF !
you can see the Crosses conditions and other criteria .
try to look at manually

regards
  • #58,846
  • Jul 16, 2015 9:19am Jul 16, 2015 9:19am
Quoting Lookleft
{quote} That's what I call keeping calm, re-evaluating and making a superb recovery trade {quote}
Thanks LL

Great trading as always Ballistical.

It seems like we all were looking at the same setup on EA.

kindest regards
  • #58,847
  • Jul 16, 2015 9:26am Jul 16, 2015 9:26am
Quoting farhad10
{quote} Next4467; if you use multi time farme and look at the H4 and daily manually, it will be more effective than using MTF ! you can see the Crosses conditions and other criteria . try to look at manually regards
Hi farhad
I appreciate the your comments unfortunately when I do get to trade I'm usually out on a site somewhere in London and I have very little time to look at charts so looking at one chart that gives me the higher time frame TDI as well is a good filter for bad trades. One day when I can trade for a living.... (wishful thinking).
  • #58,848
  • Jul 16, 2015 9:35am Jul 16, 2015 9:35am
Quoting Lookleft
First trade for a while
Quoting MrAussieFX
EA H1 Sell 16-07-15
Quoting Ballistical
{quote} Nicely done LL, I caught the same move
Great trades guys
  • #58,849
  • Jul 16, 2015 10:56am Jul 16, 2015 10:56am
Quoting farhad10
A 500$ account has failed to success with TMS in about 1 month and account is called ! Next week I 'll put his trades here one by one and will explain why and how the trader was unsuccessful to be a winner with TMS ! will explain with pure rules of tms by Big E and not any other rules ! Hope to help newbies to well understanding TMS for their future trades regards
u mean someone lose $500 using this profitable system?
Take What You Can , Give Nothing Back
  • #58,850
  • Jul 16, 2015 11:07am Jul 16, 2015 11:07am
Hi,

what do you think about this trade?

AUDJPY h4 long open at 92.163. Which stop?

Thamk you.

Leonardo
Attached Image (click to enlarge)
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  • #58,851
  • Jul 16, 2015 11:20am Jul 16, 2015 11:20am
Quoting toscano
Hi, what do you think about this trade? AUDJPY h4 long open at 92.163. Which stop? Thamk you. Leonardo {image}

toscano;

As big E said:

We Enter a trade when green crosses red on the TDI at the beginning of that candle... If it's candle 3 or more don't enter... find another trade set up. The only exception is if green bounces off red and continues... it's ok to re-enter on the bounce...


You can wait for break of second candle and then enter if TDI is not Flat ( go to h1 for fine tune )
for this trade : price is going toward previous daily and weekly high . better to wait and see how PA react !
  • #58,852
  • Jul 16, 2015 11:22am Jul 16, 2015 11:22am
Quoting Donquixote
{quote} u mean someone lose $500 using this profitable system?
Yes unfortunately !

But he did not pay attention to the rules of this simple system !
will show how and why he was not profitable
  • #58,853
  • Jul 16, 2015 11:33am Jul 16, 2015 11:33am
Quoting farhad10
{quote} toscano; As big E said: We Enter a trade when green crosses red on the TDI at the beginning of that candle... If it's candle 3 or more don't enter... find another trade set up. The only exception is if green bounces off red and continues... it's ok to re-enter on the bounce... You can wait for break of second candle and then enter if TDI is not Flat ( go to h1 for fine tune ) for this trade : price is going toward previous daily and weekly high . better to wait and see how PA react !
Thank you Farhad for your explication.

Leonardo
  • #58,854
  • Jul 16, 2015 11:34am Jul 16, 2015 11:34am
Quoting MrAussieFX
EA H1 Sell 16-07-15 {image} Entered long on M30 with SL=40 pips which got hit and then re-evaluated the trading plan. Trade entered on factors: 1. Trade entered on candle close below DOL 2. Below prev day 50% 3. Candle closed strongly below 200 ema 4. Candle closed below big round number 1.48000 Kindest regards
Somehow missed your post AUS,

Excellent recovery trade!

Great minds eh?
Focus on the process and the profits will follow
  • #58,855
  • Jul 16, 2015 11:51am Jul 16, 2015 11:51am
Attached Image (click to enlarge)
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will only sell using tms setup tomorow on eurusd price cannot pierce previous week low and 10 ema in daily and H1 show strong bearish just seen this pattern before and price is below 50 & 200 ema in H1 ( i think this is bearish trend...)
correct if i wrong
Thanks

Quoting farhad10
{quote} Yes unfortunately ! But he did not pay attention to the rules of this simple system ! will show how and why he was not profitable
looking forward to it
and lets hope learn from his mistake and not lose faith on this profitable system
hehehe
Take What You Can , Give Nothing Back
  • #58,856
  • Edited 12:56pm Jul 16, 2015 11:56am | Edited 12:56pm
Quoting farhad10
A 500$ account has failed to success with TMS in about 1 month and account is called ! Next week I 'll put his trades here one by one and will explain why and how the trader was unsuccessful to be a winner with TMS ! will explain with pure rules of tms by Big E and not any other rules ! Hope to help newbies to well understanding TMS for their future trades regards
Dear Farhad, I trade the TMS since last november in the same style , Eelfranz did !
Only H4 and D1 ( both rare ) and Im really happy with it!
I started 4 weeks or so on a simulator only , then about 3 months daily only in a demo , seperated to my live account under live conditions.
And then I added it to my almost daily livetrading in my real account.
And I open h4 ( almost )only at 7 and 11 my time ( living in germany )when my broker prints a new candle .
Normally I close the trades about lunch time

There s one secret valid for all strategies;
Patience pays .. let the trades play out ..
And Im very picky with my trades!
Only a clear cross , strong candle , enough space ..first or second candle and not against a support/resistance .... basic priceaction stuff .
And last but not least ;
I still use the template , BIG E used .. heiken Ashi , old red and green TDI and thats it .
I just made the market base line and the volatility bands visible .
Im really happy with TMS in the old , original style H4 and rare a D1 setup!
.... with the synergy stuff.. h1 or so I wasnt successful ..
Only oldschool for me and i produce more green pips than red.
For smaller timeframes h1 and less I still use the Choros system , what fits to me in small timeframes .

I ll attach my template , and here is my " last " tms trade 2 days ago , went out + 67 pips ..
http://www.forexfactory.com/showthre...84#post8381784

Wish you really good luck and try to demo for a while , make stable demo pips and come back ..
Hope that helped
Guido
Attached File(s)
File Type: tpl #1 best 5 ma tdi.tpl   6 KB | 421 downloads
Risiko birgt immer auch die Chance.
  • #58,857
  • Jul 16, 2015 1:07pm Jul 16, 2015 1:07pm
Hello,
Please, how can I show this arrows in my graphics?
thx

Attached Image
  • #58,858
  • Jul 16, 2015 1:55pm Jul 16, 2015 1:55pm
Quoting Rodrigorocky
Hello, Please, how can I show this arrows in my graphics? thx {image}
The answer can be found here: http://www.forexfactory.com/showthre...48#post8040748
  • #58,859
  • Jul 16, 2015 1:57pm Jul 16, 2015 1:57pm
thank you!!!
  • #58,860
  • Jul 16, 2015 1:59pm Jul 16, 2015 1:59pm
Quoting Rodrigorocky
Hello, Please, how can I show this arrows in my graphics? thx {image}
Select the "Terminal" icon from the top of the screen. Then click on the "Account History" tab.

Now simply click and drag the trade you wish to display onto your chart.
Focus on the process and the profits will follow
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