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Monitor for 'Trading Made Simple' system 565 replies

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

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Trading Made Simple

  • #60,721
  • Sep 22, 2015 10:17am Sep 22, 2015 10:17am
Quoting Lookleft
GBPUSD H4 Work In Progress (+150 and counting) Entry on H1 at break of YL after the rejection from S/R level. Walked the trade up to H4. 50% closed so far for a total of 150 pips with the rest still running. I'll evaluate things at the end of LO/NY sessions and may widen the stops and let it run overnight with the possibility of adding extra positions and walking it up to D1. {image}
Excellent trading LL i closed mine too
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Sad i'm not trying to understand PA
  • #60,722
  • Sep 22, 2015 10:27am Sep 22, 2015 10:27am
Quoting omonisha
{quote} Excellent trading LL i closed mine too {image}
Thanks OS nice trade
I've still got 25% running and watching things very closely I'm hoping that the MPC member doesn't say anything silly and I get overnight consolidation ready for a bit more of a run tomorrow
Never argue with a fool; onlookers may not be able to tell the difference.
  • #60,723
  • Sep 22, 2015 10:30am Sep 22, 2015 10:30am
Quoting emmanuel7788
{quote} I am sure you did not read all the posts because last week I replied to this same question. http://www.forexfactory.com/showthre...69#post8495669

Hello Mr Emma,
COuld you share with me any known DashBoard for TDI?
Thanks in Advance.

Regards,
Festus
Motivation is what gets you started. Habit is what keeps you going
  • #60,724
  • Sep 22, 2015 10:57am Sep 22, 2015 10:57am
Quoting efestus
{quote} Hello Mr Emma, COuld you share with me any known DashBoard for TDI? Thanks in Advance. Regards, Festus
Hi festus,
Sorry to hear about your issue. In my opinion you need to go back to the basis of TMS. You don't need fancy indicators as they can just confuse and mislead you as I think you have already found out. The chart below is really all you need. The 2 extra 'training wheels' I've added are the Synergy_Pro MTF and Synergy_Pro ASR which work with the Synergy_Pro APB and TDI which are all available in the paperclip.
Keep practicing small steps at a time until you get confidence in what TMS is showing you.
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Never argue with a fool; onlookers may not be able to tell the difference.
  • #60,725
  • Sep 22, 2015 11:54am Sep 22, 2015 11:54am
Quoting omonisha
GBPUSD-H4 {image}
Quoting Lookleft
GBPUSD H4 Work In Progress (+150 and counting) Entry on H1 at break of YL after the rejection from S/R level. Walked the trade up to H4. 50% closed so far for a total of 150 pips with the rest still running. I'll evaluate things at the end of LO/NY sessions and may widen the stops and let it run overnight with the possibility of adding extra positions and walking it up to D1. {image}
OS and LF , you got that rite as they kept pushing north, converting the trade to H4 swing was best choice congrats for both of you
I Have Learned to Take Some Losses to Make Profits
  • #60,726
  • Sep 22, 2015 11:57am Sep 22, 2015 11:57am
Quoting Jofox
{quote} Congrats my friend, very nice trade. pls can you share me your indicators and template? What is red color time frames above the chart? Thanks you
Here is my template and indicators, almost identical to what am using now

http://www.forexfactory.com/showthre...70#post7736770
I Have Learned to Take Some Losses to Make Profits
  • #60,727
  • Sep 22, 2015 12:02pm Sep 22, 2015 12:02pm
I was on a holiday last week so I only traded on friday and last two days. I feel like it hasn't been easy trading EURAUD. However, I managed to keep losses to a minimum. How have other EURAUD traders been doing as of late?

Daily seems like it's still in a good uptrend. It has ranged after black monday WRB. Lower range 1.56 / 1.57 has proven to be a support area. We recently saw a NR4IB followed by a break towards 1.56 and strong rejection back into the green box. Not much else I can think off and we should drop down to 4H.

On the 4H we can see FOMC WRB/MC. We have been trading inside since. We can see some divergence on the TDI and we can see the fake move in the green box more clear. MBL seems to be turning up and there's a nice golden TDI cross on the pullback out of the green support box.

On the 1H, we are still making LL's and LH's inside the WRB but MBL seems to be sloping upwards somewhat.

I'm looking forward to the coming days. I will look for a HL and bullish PA to look for longs. For a short trade I want to see a clear 4H candle close < 1.56 or perhaps the WRB High 1.596

Best,
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  • #60,728
  • Sep 22, 2015 12:11pm Sep 22, 2015 12:11pm
Quoting TheScorpS
{quote} Here is my template and indicators, almost identical to what am using now http://www.forexfactory.com/showthre...70#post7736770
Thank you buddy
  • #60,729
  • Sep 22, 2015 1:47pm Sep 22, 2015 1:47pm
Hi there,

First of all great work.
I do apologize if this question is already answered or asked, as it was very difficult to read all 3000 pages
What purpose does the TDI serve if every time price closes below 5 MA it seems that it is always accompanied by a TDI crossing. Looks like you could do without the TDI and just wait for the candle to close above or below 5 MA from the opposite direction (meaning that the candle crosses the MA)

Thank you in advance!
  • #60,730
  • Sep 22, 2015 2:16pm Sep 22, 2015 2:16pm
Quoting baigaisvecis
Hi there, First of all great work. I do apologize if this question is already answered or asked, as it was very difficult to read all 3000 pages What purpose does the TDI serve if every time price closes below 5 MA it seems that it is always accompanied by a TDI crossing. Looks like you could do without the TDI and just wait for the candle to close above or below 5 MA from the opposite direction (meaning that the candle crosses the MA) Thank you in advance!
Good question Baiga You are right it,s almost same, but we need TDI for divergence and for the volatility of the market. Hope you understand. wish you green pips.
  • #60,731
  • Sep 22, 2015 2:19pm Sep 22, 2015 2:19pm
Quoting baigaisvecis
Hi there, First of all great work. I do apologize if this question is already answered or asked, as it was very difficult to read all 3000 pages What purpose does the TDI serve if every time price closes below 5 MA it seems that it is always accompanied by a TDI crossing. Looks like you could do without the TDI and just wait for the candle to close above or below 5 MA from the opposite direction (meaning that the candle crosses the MA) Thank you in advance!

Yes, your observation is very good.
That's the price action - volatility + momentum trading without the TDI Green line. You can trade without the TDI.

Can you imagine road without lanes markers?
Attached Image
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #60,732
  • Sep 22, 2015 6:02pm Sep 22, 2015 6:02pm
I took the close of this 1H candle as a signal on EURAUD. I set 3 TP's and a 1.5x ATR10 S/L.

Best,
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  • #60,733
  • Sep 22, 2015 9:07pm Sep 22, 2015 9:07pm
100+ pips ... what a way to start the day .....
TMS rocks ...
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  • #60,734
  • Sep 22, 2015 9:09pm Sep 22, 2015 9:09pm
Entered 2nd candle sell GJ H1 after TDI cross and break out from previous support levels(Weekly low, Daily Low, BNL 184.000)

Regards
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why do we fall? So we can learn to pick ourselves up.
  • #60,735
  • Sep 22, 2015 9:16pm Sep 22, 2015 9:16pm
Quoting adikashyap
100+ pips ... what a way to start the day ..... TMS rocks ... {image}
Good Job!! what currency pair and timeframe are you trading?
why do we fall? So we can learn to pick ourselves up.
  • #60,736
  • Sep 22, 2015 9:22pm Sep 22, 2015 9:22pm
Quoting WayneTech
{quote} Good Job!! what currency pair and timeframe are you trading?
That is EA trade ...
I trade EU, GU, EA, GA, GJ and Gold ....
I trade 1H and 4H ..........
  • #60,737
  • Sep 22, 2015 11:28pm Sep 22, 2015 11:28pm
25 pips scalp on EA long , was not there for the big deal, so took what remains
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I Have Learned to Take Some Losses to Make Profits
  • #60,738
  • Sep 22, 2015 11:32pm Sep 22, 2015 11:32pm
Quoting baigaisvecis
Hi there, First of all great work. I do apologize if this question is already answered or asked, as it was very difficult to read all 3000 pages What purpose does the TDI serve if every time price closes below 5 MA it seems that it is always accompanied by a TDI crossing. Looks like you could do without the TDI and just wait for the candle to close above or below 5 MA from the opposite direction (meaning that the candle crosses the MA) Thank you in advance!
TDI is the main indicator used in Trading Made Simple, it does a big deal in trading this strategy, actually understanding how TDI works with Price Action is very important , if you are new to TMS then it will take you time to see that , at the start of trading, I didnt even look at TDI as I had no clue, now I must confirm TDI with Price Action and then trade.
I Have Learned to Take Some Losses to Make Profits
  • #60,739
  • Edited 2:45am Sep 23, 2015 2:21am | Edited 2:45am
Quoting WayneTech
Entered 2nd candle sell GJ H1 after TDI cross and break out from previous support levels(Weekly low, Daily Low, BNL 184.000) Regards {image}
My trade got stopped. probably shouldnt enter trades during asian session no matter how tempting the setup looks like...
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why do we fall? So we can learn to pick ourselves up.
  • #60,740
  • Sep 23, 2015 2:47am Sep 23, 2015 2:47am
Quoting efestus
{quote} Hello Mr Emma, COuld you share with me any known DashBoard for TDI? Thanks in Advance. Regards, Festus

Hi,

I am using the TMS Monitor which helps me monitor 15 currency pairs. It is an expert advisor EA not an indicator.
I use the correct versions of the APB and TDI renamed these so that the EA will alert me of the chart conditions.
Do No use that as trade signal but just for alert purposes and you still need to analyse the chart to see if there is a trade setup which is according to your trading plan.

Link: http://www.forexfactory.com/showthread.php?t=303347

latest monitor show GBPCAD D1 chart sell...
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regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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