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Trading Made Simple

  • #64,021
  • Dec 9, 2015 6:57am Dec 9, 2015 6:57am
Quoting Donquixote
{quote} can u tell me please how to summary my profit result like that picture of yours? that show gross profit and the grapic things
In your meta trader terminal , go to Account history Tab and click right mouse and click on save as detailed report.

Thanks
  • #64,022
  • Dec 9, 2015 7:03am Dec 9, 2015 7:03am
Quoting Helee
{quote} Hi, Easy, From the terminal button, them select the period (Date)you would like to see, of the trades taken.... then, just click on the Save as detailed Report. Take care
thx , i have another question
whats this?
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whats balance rollover?
Take What You Can , Give Nothing Back
  • #64,023
  • Dec 9, 2015 7:29am Dec 9, 2015 7:29am
Quoting Donquixote
{quote} thx , i have another question whats this? {image} whats balance rollover?
Is your broker...

FXCM, right?
  • #64,024
  • Dec 9, 2015 9:07am Dec 9, 2015 9:07am
I am following this thread closely and trying to learn this system on a demo account. One of my main shortcomings is missing trust... One example:
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Bounce trade, startet on H4, but exit too early due to some red bars on H1... One question in this regard: if I enter based on H4 TDI - do I have to stick on H4 for exit?
Best regards, blackfriday
  • #64,025
  • Dec 9, 2015 9:18am Dec 9, 2015 9:18am
Quoting blackfriday
I am following this thread closely and trying to learn this system on a demo account. One of my main shortcomings is missing trust... One example: {image} Bounce trade, startet on H4, but exit too early due to some red bars on H1... One question in this regard: if I enter based on H4 TDI - do I have to stick on H4 for exit?
Hi,
You are best to plan your exit on the TF your trade is running on. You can enter a trade on H1 and move up to H4 and exit but it is not advisable to do it the other way round.
Never argue with a fool; onlookers may not be able to tell the difference.
  • #64,026
  • Dec 9, 2015 9:34am Dec 9, 2015 9:34am
Quoting Donquixote
{quote} how do you know that GU ady moved beyond the 5 days ADR?
Hello, Don!

I use the ADR from that site that we are not allowed to talk about, or we will get our posts hidden, like it happened to me before. You know, the Dean's site. I have that indi, and it plots the levels.

If you look at my TMS template which has guppies on it, you will notice the ADR calculator in the left hand side corner of the screen. Also, it plots those levels as the small green and magenta lines to the right of the chart. That's the high and the low of the 5 days ADR. So you do not actually need to look at the calculator, cause the levels are right there, on the chart.

Here is a helpful link from SJ: http://www.forexfactory.com/showthre...45#post8575845
  • #64,027
  • Dec 9, 2015 9:54am Dec 9, 2015 9:54am
Quoting mary4x
Hi, Catalin. I sent you a PM.
Sorry for the late reply! You can check it now.
  • #64,028
  • Dec 9, 2015 10:00am Dec 9, 2015 10:00am
Quoting Lookleft
GBPAUD H1 Watched the break above Daily 10ema and last weeks high. PA had been rejecting from DOL. Entered on M30 after break of YH with momentum. Might run a bit further but some historical support near by. {image}
Nice one LL , didnt do much today, BE kinda day for me, some nice trades at NYO tho
I Have Learned to Take Some Losses to Make Profits
  • #64,029
  • Dec 9, 2015 10:05am Dec 9, 2015 10:05am
Quoting TheScorpS
{quote} Nice one LL , didnt do much today, BE kinda day for me, some nice trades at NYO tho
Thanks TSS.
Didn't like the look of EURAUD or EURUSD so played GBPAUD and GBPUSD today
Never argue with a fool; onlookers may not be able to tell the difference.
  • #64,030
  • Dec 9, 2015 10:41am Dec 9, 2015 10:41am
First closed trade for today, GBP/JPY buy, should have cashed out at my profit target at 100 Pips, cashed out at 67 Pips, still happy with that.
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  • #64,031
  • Dec 9, 2015 11:04am Dec 9, 2015 11:04am
Quoting emmanuel7788
{quote} .. quite a few Big Round Number BRN play seen on Day chart. That Day WRB can be early warning of sideways market until there is breakout. The safe way to trade sideways market type is to use reduced risk and trade with Multiple Entries / Multiple Exits. ME/ME. {image}
And again, right on the mark.

Anyone that traded this?
  • #64,032
  • Dec 9, 2015 12:43pm Dec 9, 2015 12:43pm
Since it is not a 100% winning strategy, we cannot expect to end every TMS trading day in green, can we?

My two trades for today:

UC, H1, long. -32 pips.
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GJ, H4, long. -22 pips.
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Many green pips to everyone!
  • #64,033
  • Dec 9, 2015 2:59pm Dec 9, 2015 2:59pm
Quoting tibovwh
{quote} And again, right on the mark. Anyone that traded this?
I traded GBPNZD instead and closed several profitable trades. Will post my ME/ME trades results for this week later.

GBPUSD is still good to buy but it will be very difficult as usual to trade with Single Entry/ Single Exit SE/SE.
I see "empty space" above current price action and the most recent swing high is resistance is above. Then there is 1.5300 and that 200EMA.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #64,034
  • Dec 9, 2015 4:46pm Dec 9, 2015 4:46pm
Quoting emmanuel7788
{quote} I traded GBPNZD instead and closed several profitable trades. Will post my ME/ME trades results for this week later. GBPUSD is still good to buy but it will be very difficult as usual to trade with Single Entry/ Single Exit SE/SE. I see "empty space" above current price action and the most recent swing high is resistance is above. Then there is 1.5300 and that 200EMA. {image}
Also the 10EMA on the W1 is 1.5250 which coincides with falling trendline resistance. It's a bit of an odd spot to trade due to unfavorable R/R but I will still try a ME position building inside that WRB.

edit: doesn't really qualify as a WRB in a strict sense (4 bars before is larger) but still a pretty big bar
Best,
  • #64,035
  • Dec 9, 2015 5:00pm Dec 9, 2015 5:00pm
Quoting tibovwh
{quote} Also the 10EMA on the W1 is 1.5250 which coincides with falling trendline resistance. It's a bit of an odd spot to trade due to unfavorable R/R but I will still try a ME position building inside that WRB. edit: doesn't really qualify as a WRB in a strict sense (4 bars before is larger) but still a pretty big bar Best,

here is my updated chart with that WRB.

expect to see market reaction at 1.5200 also confluence with 50EMA on Day chart.

if we trade with Day chart on that Day candle open, be prepared to build position with more trades when price retraces. Max 4 trades to build a position with SL using the 2 days look back or the last swing low. You can also add ME/ME trades with TDI cross on H1 or M15 today.

If market does not retrace enough for you to add ME trades, exit all profitable trades to take profit and re-start a new position with a new basket. Remember to re-do your position sizing.

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Trade Well.

Go to go now, be back after the sun set here....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #64,036
  • Dec 9, 2015 7:23pm Dec 9, 2015 7:23pm
Hey guys!

Can we add the Synergy PAC to mobile version or on an iPhone? What would be the setting of 2 MAs?

Thanks!
  • #64,037
  • Dec 9, 2015 7:45pm Dec 9, 2015 7:45pm
Quoting emmanuel7788
{quote} Hi Kevin, Sorry about those acronyms used. A bad habit I picked up being in FF for too long. FO= Frankfurt Open ... could be worst if used FMO = Frankfurt am Mainz Offen LO=London Open NYO=New York Open About the new PAC, that is part of the indicator Synergy_Pro_APB. I found out that this new PAC is based on a 9EMA calibrated with volatility. Comparing this new PAC and TMS 5EMA shift+3, I prefer the new APB with PAC which can be use to filter the TDI cross setups and also can be use in trade exit management. It is better than the old PAC...
Already found the answer. It's 9Ema. Thanks Big Emm!
  • #64,038
  • Dec 10, 2015 1:48am Dec 10, 2015 1:48am
My strategy for the EUR/GBP for today, based on the bigger picture and technical analysis strategies

Strategy: Buy at 0.7252, Stop loss at 0.7212,
Price target at 0.7299 & 0.7330
  • #64,039
  • Dec 10, 2015 2:23am Dec 10, 2015 2:23am
Quoting emmanuel7788
{quote} there is not a lot of difference between 5EMA, Typical Price, Shift+3 and 10EMA, Close Price, Shift+0. the price bar Open, High, Low and Close OHLC will tell the better story with the Average Price Bar APB. What is a A+++ trade setup: A technical setup is seen with Price Action at Support & Resistance as a Continuation in an established Trend. The Trend must be reconciled in three different timeframes using Multi TimeFrame analysis and there must be Momentum seen in both the real Price Bar and APB candles. The market must not be in narrow...
Hi Emmanuel, how do we tell exactly when the market is in range consolidation or trending?
  • #64,040
  • Dec 10, 2015 2:59am Dec 10, 2015 2:59am
Javforex and others -
Really not to be rude at all, but such questions as defining the trend have been answered a million times before, and as you should know there are lots of ways, no one more right than the others, it all depends on consistency, always using the same set of rules. You really risk that the seniors loose patience -

I think it should be expected that everybody implementing this method has a basic babypips knowledge of trading and MT4. Please read a few hundred pages of the thread, all the answers are there. I think it would be so nice if the posts here primarily covered succesful and unsuccessful setups and results with The Method. Thanks.
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