Trading Made Simple | Page 3177 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

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

Attachments: Trading Made Simple
Exit Attachments

Trading Made Simple

  • #63,521
  • Nov 20, 2015 5:10am Nov 20, 2015 5:10am
Quoting tibovwh
{quote} Hi, When I compared this to my chart I noticed that the TDI is not actually crossing at that time. It was pointing down (This is the '5' angle indication?). Why is this a possible signal? Best, {image}

different TDI coding can give different results which the naked eye cannot see.

is your chart h1 or m30?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #63,522
  • Nov 20, 2015 5:42am Nov 20, 2015 5:42am
This is NZD/USD 4HR
EMA 200 looks like hold APB to move upward
Previous Candle are Doji
TDI looks good at 68 level
My plan is wait for that candle close below PAC
My stop will placed at dots above near EMA 200 line and my TP around 0.6525 BRN
please send me ur comment fellas

Thanks u anyway
Attached Image (click to enlarge)
Click to Enlarge Name: asa.png Size: 79 KB
  • #63,523
  • Nov 20, 2015 5:46am Nov 20, 2015 5:46am
Quoting emmanuel7788
{quote} different TDI coding can give different results which the naked eye cannot see. is your chart h1 or m30?
This is 1H chart but I was pretty sure when I coded this that the values were the same as the Synergy PRO! Atleast on the 1h they were very close.

It crossed on your chart?

Best,
  • #63,524
  • Nov 20, 2015 5:48am Nov 20, 2015 5:48am
Quoting pete.alfa
{quote} I stand aside coz H4 is ranging & 8red bars down. I would rather go long at support or might go short when prices break support Am I right?
On H4 I see it forming a possible M pattern, and as we know, if 122.30 - 122.20 area does not hold, we measure CD and that's about the distance we expect it to go down further. This target coincides with the next support.

But price might get rejected around that area and continue up, because we see confluence of support and inner trendline, marked in blue.
Attached Image (click to enlarge)
Click to Enlarge Name: FF a.jpg Size: 99 KB
  • #63,525
  • Nov 20, 2015 5:59am Nov 20, 2015 5:59am
Quoting tibovwh
{quote} This is 1H chart but I was pretty sure when I coded this that the values were the same as the Synergy PRO! Atleast on the 1h they were very close. It crossed on your chart? Best,

ok, I see the difference now.

that TMS Monitor is set to default below which is different from the Synergy_Pro_TDI default.

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor default.png Size: 32 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #63,526
  • Nov 20, 2015 6:02am Nov 20, 2015 6:02am
Quoting Goodolday
This is NZD/USD 4HR EMA 200 looks like hold APB to move upward Previous Candle are Doji TDI looks good at 68 level My plan is wait for that candle close below PAC My stop will placed at dots above near EMA 200 line and my TP around 0.6525 BRN please send me ur comment fellas Thanks u anyway {image}
My personal opinion is that it might go down and you might have a winner. However, what I want to see when entering a trade with guppies plotted on the chart would be the guppies above ABP for a short entry. In your example, the guppies are below, and they start sloping upwards. If I used 200 EMA and no guppies, then I would agree with you and go for a short. However, the guppies don't let me sell there.
  • #63,527
  • Nov 20, 2015 6:04am Nov 20, 2015 6:04am
Quoting emmanuel7788
{quote} ok, I see the difference now. that TMS Monitor is set to default below which is different from the Synergy_Pro_TDI default. {image}
I must repeat my own words told yesterday: "Oh, Big Emm, how I envy you for spotting everything!"
  • #63,528
  • Nov 20, 2015 6:09am Nov 20, 2015 6:09am
Quoting catalin_eros
{quote} My personal opinion is that it might go down and you might have a winner. However, what I want to see when entering a trade with guppies plotted on the chart would be the guppies above ABP for a short entry. In your example, the guppies are below, and they start sloping upwards. If I used 200 EMA and no guppies, then I would agree with you and go for a short. However, the guppies don't let me sell there.
Yes Catalin thanks for good comment
iam little bit confusing whether just use EMA 200 or using Guppies which is both of them indicating long term trend right?
how about you catalin?what are u using to indicate long term trend?
thank you
  • #63,529
  • Nov 20, 2015 6:14am Nov 20, 2015 6:14am
Quoting Goodolday
{quote} Yes Catalin thanks for good comment iam little bit confusing whether just use EMA 200 or using Guppies which is both of them indicating long term trend right? how about you catalin?what are u using to indicate long term trend? thank you
As you can see on my charts, I do not use 200 EMA, I only use the guppies. It's just a mater of preference. There are many traders who are successful with 200 EMA. Guppies are EMAs also. So test and find out what works for you.
  • #63,530
  • Nov 20, 2015 6:32am Nov 20, 2015 6:32am
Quoting Goodolday
This is NZD/USD 4HR EMA 200 looks like hold APB to move upward Previous Candle are Doji TDI looks good at 68 level My plan is wait for that candle close below PAC My stop will placed at dots above near EMA 200 line and my TP around 0.6525 BRN please send me ur comment fellas Thanks u anyway {image}

Just looking at it from a purist TMS perspective, there is confluence of several resistance - BRN 1.6600, + previous week' High, + 200EMA ...

and my favourite Day WRB high as resistance.

your may get some pips out of this trade.

risk is the prvious Day bullish candle push price up, and the H4 big candles and hidden orders to fill below which we cannot see.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #63,531
  • Nov 20, 2015 6:43am Nov 20, 2015 6:43am
you are much better off using trendlines instead of moving averages, even though it might seem so,
a moving average is not acting as support or resistance as some seems to believe,
it might seem so at first glance when you look at the chart, and price bounce off a moving average,
then it is easy to assume that the moving average is resistance or support, but this is not true,
this is an illusion.

when you relly investigate it, you will always find a key level at the same place price bounced off,
the moving average just happened to be there, what is important with moving averages is the slope of it,
and it's relation compared to other moving averages.
not as support or resistance, if you don't believe me, just check it your self.
the picture have a 200 period sma
Attached Image (click to enlarge)
Click to Enlarge Name: 200ma.jpg Size: 99 KB
Bulls are stupid Animals!especially when Im short!
  • #63,532
  • Nov 20, 2015 7:24am Nov 20, 2015 7:24am
Quoting emmanuel7788
{quote} WRB = Wide Range Bar ... its the real price bar ***not Japanese candle, not the APB. because we use the APB which we refer to as candles, I will call the price bars as price bars. If I use Japanese candlesticks, it will confuse when when I use candle for both the APB and Jap candles. see example below its is one of the method I use to identify the market condition and determine the market type. WRB appears early before the price bars after it, therefore you have an early warning of the market. {image}
Hello Emmanuel7788, just want to say 'THANK YOU'
Enter Signature
  • #63,533
  • Nov 20, 2015 8:02am Nov 20, 2015 8:02am
Quoting Goodolday
This is NZD/USD 4HR EMA 200 looks like hold APB to move upward Previous Candle are Doji TDI looks good at 68 level My plan is wait for that candle close below PAC My stop will placed at dots above near EMA 200 line and my TP around 0.6525 BRN please send me ur comment fellas Thanks u anyway {image}
A valid TMS entry but hasnt crossed TDI (yet fully). If it does will go on to create new AO peak other side of 0. (Why because it always does). May not realise this until next week now though given current size of bars.
Attached Image (click to enlarge)
Click to Enlarge Name: nzdusd.PNG Size: 35 KB
We're all just one trade away from humility.
  • #63,534
  • Nov 20, 2015 8:20am Nov 20, 2015 8:20am
Quoting Drewas
{quote} A valid TMS entry but hasnt crossed TDI (yet fully). If it does will go on to create new AO peak other side of 0. (Why because it always does). May not realise this until next week now though given current size of bars. {image}
Hi Drewas I see you also using the 3 level trend indicator, how are you finding it, I have found that it gives me allot of false signals?
  • #63,535
  • Nov 20, 2015 8:28am Nov 20, 2015 8:28am
Quoting stefan17
{quote} Hi Drewas I see you also using the 3 level trend indicator, how are you finding it, I have found that it gives me allot of false signals?
I've used it for some years. if by false you mean it repaints, yes it does but when used properly gives earlier TMS entries, helps me with profit targets and keeps me the right side of a trade. not strictly TMS but helps me.

If we look at the lower TF on that NZDUSD trade. We can see that price reversed some 30 pips and now is stuck again around 200 EMA 4HR , 800 EMA on 1HR. Will price reverse away from this and continue down to a new low?
Attached Image (click to enlarge)
Click to Enlarge Name: nzdusd2.PNG Size: 40 KB
We're all just one trade away from humility.
  • #63,536
  • Nov 20, 2015 8:55am Nov 20, 2015 8:55am
Some of the stuff I do...

On a daily basis, things like this. Just too much discretion in my trading. I really need to write down clear rules, especially when I'm in a trade to manage it.

Hope you all have some more succes

Good weekend,
Attached Image (click to enlarge)
Click to Enlarge Name: Schermafdruk 2015-11-20 16.49.39.png Size: 59 KB
  • #63,537
  • Nov 20, 2015 9:13am Nov 20, 2015 9:13am
Quoting Drewas
{quote} I've used it for some years. if by false you mean it repaints, yes it does but when used properly gives earlier TMS entries, helps me with profit targets and keeps me the right side of a trade. not strictly TMS but helps me. If we look at the lower TF on that NZDUSD trade. We can see that price reversed some 30 pips and now is stuck again around 200 EMA 4HR , 800 EMA on 1HR. Will price reverse away from this and continue down to a new low? {image}
Yes I mean repaints, when you say profit targets do you mean the 2 levels that warns you of a big retracement? I know of some traders that trades this from level 3 to level 3 and make big profits, but then again they have very deep pockets as well.
  • #63,538
  • Nov 20, 2015 10:23am Nov 20, 2015 10:23am
Dear Emmanuel

I still have about 80 pages to catch up. I saw your post from last month you mentioned about SMART cut_loss, can you share to us more about this topic? I'm still learning ME/ME strategy, but just still don't know when to cut loss smartly. Have a happy weekend.


Best regards,
  • #63,539
  • Edited 12:01pm Nov 20, 2015 11:50am | Edited 12:01pm
Quoting stefan17
{quote} Yes I mean repaints, when you say profit targets do you mean the 2 levels that warns you of a big retracement? I know of some traders that trades this from level 3 to level 3 and make big profits, but then again they have very deep pockets as well.
Yeah there are many ways to use the semafor indicator. I use it as a pointer that price may change direction. I see a dot and then a TDI cross and I know i can make pips. If i see a yellow 3 and then a TDI cross i know price will continue in the opposite direction until a new peak is formed the other side of the AO indicator.

Works on any timeframes. Examples from todays and yesterdays charts:-
Attached Images
We're all just one trade away from humility.
  • #63,540
  • Nov 20, 2015 12:09pm Nov 20, 2015 12:09pm
So NZD/USD finally crossed :-

I haven't taken this trade but had you done so could have gotten some pips.
Attached Image (click to enlarge)
Click to Enlarge Name: nzdusd.PNG Size: 29 KB
We're all just one trade away from humility.
217 traders viewing now