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Trading Made Simple for Day Charts

  • #2,221
  • Oct 1, 2015 6:48am Oct 1, 2015 6:48am
Quoting Deichkind
{quote} Hi Dildubai, please re-read the thread, look at Cross of TDI when new candle opens, no confirmation of candle close. Also look at the thread "Trade made simple" by eelfranz regards Thorsten

Hey Thorsten , You´re doing fine the first steps here as I can see..
good job
Guido
Risiko birgt immer auch die Chance.
  • #2,222
  • Oct 19, 2015 2:50am Oct 19, 2015 2:50am
A Trade in the morning on EURUSD, fine Cross and some room(round about 100 Pips) to go down, also nice Candle before, closed deep, not much retrace.

regards

Thorsten
Attached Image (click to enlarge)
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  • #2,223
  • Oct 20, 2015 1:30pm Oct 20, 2015 1:30pm
Hi guys, i will read all thread but first i have one question.. ok two

My daily candle close/open at 11PM, my (german) time, then i need make order (close/open) ~5min until 11PM yes?

and how about Friday? (when market close), and Sunday when market open? still trading?

Thanks
  • #2,224
  • Oct 20, 2015 3:10pm Oct 20, 2015 3:10pm
Hi Profanans,

I am also a german guy, so I also wait till it's 5 min before 11PM, I then look at the Charts if there is an valid signal an then at 11PM and 2 min I will take the trade or not.
At Friday I won't take a trade, I will look Sunday at market open if there is a valid Signal.

A tip from a good german trader is first test this system with a simulator for 20-30 min on a day for around 2 months, then change to demo for another half year.

regards

Thorsten
  • #2,225
  • Edited 4:04pm Oct 20, 2015 3:55pm | Edited 4:04pm
Quoting Deichkind
Hi Profanans, I am also a german guy, so I also wait till it's 5 min before 11PM, I then look at the Charts if there is an valid signal an then at 11PM and 2 min I will take the trade or not. At Friday I won't take a trade, I will look Sunday at market open if there is a valid Signal. A tip from a good german trader is first test this system with a simulator for 20-30 min on a day for around 2 months, then change to demo for another half year. regards Thorsten

Hi Deichkind (sorry i will write in english.. im living in Germany but my 'muttersprache' not german..

How about today? have you see some pair with good entry? (I dont)
im traiding (more learning..) with: Eur/Usd, Gbp/Usd, Aud/Usd, Usd/Jpy, Usd/chf, Usd/cad, Eur/Gbp, Eur/Jpy, Aud/cad, Eur/chf, Eur/Aud, Gbp/Nzd, Nzd/Usd

You say about simulator, but what about time? 15min?

im already 'learning' forex about 3-4 month(jumping from one system to other...), but now with TMS im working about 3 weeks, and i think i will stay with this system.
  • #2,226
  • Oct 21, 2015 12:55am Oct 21, 2015 12:55am
Hi Profanas,

jumping between the systems is a big mistake.....concentrate first on one system. Today(yesterday 11 PM) there wasn't a valid signal in my opinion....

On the Simulator I'm using only D1, only 20-30 minutes a day, only "good"/sharp crosses, not into SR-Zones, max 2nd candle. Please read the thread from the beginning and also the "mother"- thread from eelfranz....

regards
  • #2,227
  • Oct 30, 2015 2:52am Oct 30, 2015 2:52am
USDCAD - fine Cross, candle size around 100 Pips and enough room to walk down. We will see...

regards
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  • #2,228
  • Oct 30, 2015 8:39am Oct 30, 2015 8:39am
Hi, traders. have been reading the TMS for a long time but never replied to any threads until now.

keep an eyes on GBP/USD, TDI is crossing up.

If it close above 5EMA with nice TDI angle(12-2 'o) I'll place the trade .... maybe next week.

Sorry for my English.
Attached Image (click to enlarge)
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  • #2,229
  • Oct 30, 2015 11:24am Oct 30, 2015 11:24am
Hi Yule,

looks good for me with GBPUSD but now in my opinion it's to near to a resistance-zone around 1.5500 and the range of the Candle is to big

regards
  • #2,230
  • Nov 3, 2015 4:10pm Nov 3, 2015 4:10pm
Today at 23 o'clock another trade on the EURAUD, fine Cross, 2nd candle but only round about 100 Pips to go...

regards
Attached Image (click to enlarge)
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  • #2,231
  • Nov 3, 2015 8:54pm Nov 3, 2015 8:54pm
I forgot to check this pair. TDI looks good but it's candle #3 now, I'm too late
Attached Image (click to enlarge)
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  • #2,232
  • Nov 3, 2015 9:17pm Nov 3, 2015 9:17pm
Quoting Yule
I forgot to check this pair. TDI looks good but it's candle #3 now, I'm too late {image}

no problem, be patient and wait for a shallow retracement on H1 or M15 to get a Day candle retracement entry ... 0.7200
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #2,233
  • Nov 4, 2015 5:08am Nov 4, 2015 5:08am
Quoting emmanuel7788
{quote} no problem, be patient and wait for a shallow retracement on H1 or M15 to get a Day candle retracement entry ... 0.7200

two hours to NY open.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD H1 DOL pre-NYO.png Size: 43 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #2,234
  • Nov 6, 2015 6:12am Nov 6, 2015 6:12am
Quoting Deichkind
Today at 23 o'clock another trade on the EURAUD, fine Cross, 2nd candle but only round about 100 Pips to go... regards {image}
Hello, Deichkind!
Hello, Britpip7!
Hello, everyone!

I would like to give it a try on daily charts using the TMS. I hope there is room for one more here. A common friend told me about you (HINT: his post is at the top of the page ), so here I am. I hope I can learn a lot from you and from all the other participants of this thread. I am like Big E, I'd rather not look at the charts all the time. So I think H4, D1 are most suitable for my style. I am looking forward to posting my first D1 trade in here.

Many green pips to you all!
  • #2,235
  • Nov 11, 2015 9:02pm Nov 11, 2015 9:02pm
Quoting Yule
I forgot to check this pair. TDI looks good but it's candle #3 now, I'm too late {image}
Hi Yule
Please can you tell me if your sup/dem bars are an indi ? or not .
If an indi could you post it for me , thanks , I'm gradually trying to work my way up the time scale bars .
  • #2,236
  • Nov 12, 2015 12:42am Nov 12, 2015 12:42am
A nice cross on GBPUSD, 2nd Candle and some room to go up...

regards
Attached Image (click to enlarge)
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  • #2,237
  • Nov 12, 2015 1:04am Nov 12, 2015 1:04am
Sorry ,
We do not need to wait for the candle to close ?
I usually wait. which is better?
  • #2,238
  • Nov 12, 2015 5:57am Nov 12, 2015 5:57am
@huseyindogu: please read eelfranz thread "trade made simple" from the first page, trades are made at the OPEN of the candle...

regards
  • #2,239
  • Nov 12, 2015 8:26am Nov 12, 2015 8:26am
With respect I am appreciating the communication of how to succeed in this thread as opposed to the paradigm of other threads that seem to be hooked on acronyms to make it sound and appear one is the " master" or "big " person. This is important because if one is to verbalise how a post is written, the simple and plain the language the easier it is to understand the message.
  • #2,240
  • Edited Nov 13, 2015 4:32am Nov 12, 2015 2:56pm | Edited Nov 13, 2015 4:32am
Hi, guys!

My broker prints a new D1 candle in one hour. I found two possible entries, provided that when the new candle opens, it will be a decent sized candle and above the 5EMA. The TDI already has a good angle, so with the new candle open, I think chances are the angle will remain the same on these two pairs.

AU - the doji APB from yesterday confirms that the downward movement is exhausted, and there is potential for upward movement, since today's APB broke the high of the doji. The only issue I have is that the price is contained within the triangle. If the new candle opens as an APB that breaks the triangle to the upside, I'm going to enter.
Attached Image (click to enlarge)
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EC - today's APB will most likely close as a BUOB (sorry about that, OuterWest! - Bullish Outside Bar), which is more confirmation for a potential upward movement.
EDIT: The TDI is coming out of the OS zone.
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