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MTF Indicators for the 'Trading Made Simple' system 241 replies

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Trading Made Simple

Good Evening All, Evening here in Australia anyway. Took this trade today on GBP/USD based on Weekly and Daily on downtrend was a late entry on H4 and traded throughout the Sydney & Tokyo sessions but worked out. Still learning here but will be more active from now on. Any advice or criticism welcome.
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Quoting tibovwh
{quote} The Fed has put itself in a position where not raising rates will hurt the markets more than raising rates. I really don't think there is any chance it won't happen today. And how the markets will react is guesswork. We shall see Good trading all, stay safe!
Some things the Fed does matters beyond what they imagine and plan for. Not one of the governors has ever run a business - most were academics and Yellen was a labor economist yet she rationalizes the U-6 data as if 94 million people don't matter.

Seeing the political effects of a probable recession on the Democrats running for Congress and Hillary Clowntin's campaign will be interesting, but it will be very painful for people who are just barely making ends meet. If Yellen is at all political, she won't allow a rate increase now, or in January or in March.

Whoever thought politics and religion does not matter to markets and therefore should be disregarded, has not been paying attention for the past 25 years.
Trading is simply about managing the area between your ears
Forgot to point out the down EU outside day yesterday. Not bullish imo. have a small short position. if 1.0903 breaks before Fed announcement and runs down, I'll try to get half position off at 1.08 half.
This is not my typical trade before news event but the TDI crossed and I took it.
Trading is simply about managing the area between your ears
Quoting TheScorpS
Good Morning TMS I thought of posting this chart as am doing pairs analysis , today FOMC later on at NYO GJ played a previous ABCD pattern, hits channel resistance and might be forming another ABCD to the down side, so definitely watching this pair at LO or Pre_LO today Again follow ur own plan, good luck. {image}
Spot on TSS thanks
And it stopped exactly where my TP was (which should have been obvious to everyone)
Never argue with a fool; onlookers may not be able to tell the difference.
Quoting Lookleft
{quote} Spot on TSS thanks And it stopped exactly where my TP was (which should have been obvious to everyone)
Pitty tho I took only 20 pips of the move, still following one good trade a day
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I Have Learned to Take Some Losses to Make Profits
Quoting tibovwh
{quote} It's around New York Close right?
Haven't checked that but this could work too , analysis was done based on PA and TDI
I Have Learned to Take Some Losses to Make Profits
took this upon crude oil data release...I have a bearish bias before the news as there was hidden bearish divergence..(H4 chart) EDit: trade closed with profits
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the cautious seldom err....C
trying very hard to keep my eyes open watching this potential set-up...waiting for price to dip below the 10 ema and a TDI cross EDit: no trade as price did not fall
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the cautious seldom err....C
It appears that there has been some improvements in the TMS system since the good old days of Big E. Would a senior member mind highlighting some of the important improvements made from the way it was initially laid out.


Hi friends,

The power of WRB I'm still learning(I might be wrong).
Anyone trade gold
Prices might pass through TP1 1079 to tp2 1085 or ****another WRB in 4H****
Should confirm entry by TDI in 1H

Hope you all making big pips

Cheers,
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EU targets 1.05 half to 1.05 within a few days. Sold 5 on a daily chart.

Happy Holidays to all.
Trading is simply about managing the area between your ears
Quoting pete.alfa
Hi friends, The power of WRB I'm still learning(I might be wrong). Anyone trade gold Prices might pass through TP1 1079 to tp2 1085 or ****another WRB in 4H**** Should confirm entry by TDI in 1H Hope you all making big pips Cheers, {image}
I trade Gold, and only trade it at NYO session, yesterday had a great long setup
I Have Learned to Take Some Losses to Make Profits
I think I am already learning how simple TMS should be. These are my trades yesteday after clearing my mind and charts and following just the basic rules.
Thank you to all the elders, especially LookLeft and Catalin for always answering my questions.
I know a day could not define my TMS version/strategy, but getting there. (I used the word "my" since everyone has their own way in their mind of how to trade the rules.)

CadJpy
Away from 200 EMA
Away from DOL
Previous red APB closed under PAC
TDI bounce
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ChfJpy
Away from 200 EMA
Away from DOL
Previous blue APB closed above PAC
TDI cross
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AudCad
Away from 200 EMA
Away from DOL
Previous blue APB closed above PAC
TDI bounce
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EurJpy
Away from 200 EMA
Away from DOL
Previous blue APB closed above PAC
TDI cross (but a little far from my entry)
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All TP are set to 20 pips and SL are set to 30pips.

Please enlighten me if there are things to be considered, especially on TDI crosses.
Thank you guys!
EURUSD-D1....Divergence and OB [ OustSide Bar ]
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Sad i'm not trying to understand PA
Quoting pulubi28
I think I am already learning how simple TMS should be. These are my trades yesteday after clearing my mind and charts and following just the basic rules. Thank you to all the elders, especially LookLeft and Catalin for always answering my questions. I know a day could not define my TMS version/strategy, but getting there. (I used the word "my" since everyone has their own way in their mind of how to trade the rules.) CadJpy Away from 200 EMA Away from DOL Previous red APB closed under PAC TDI bounce {image} ChfJpy Away from 200 EMA Away from...
Hi pulubi28,
Glad to see keeping it simple is beginning to work for you. My only comment would be to enter the trades earlier when the first APB closes above/below the PAC and expect a trade to run between 5 and 8 APB. Get your entries right and everything else will start to fall into place.
Keep it up.
Never argue with a fool; onlookers may not be able to tell the difference.
Quoting omonisha
EURUSD-D1....Divergence and OB [ OustSide Bar ] {image}
Perfect trading OS, nicely done and executed , I took EU long after news, almost 8 to 50 pips tp but then reversed and closed it with +16 pips

Took as well EA trade today, as there is a potential double bottom, took of + 31 pips
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I Have Learned to Take Some Losses to Make Profits
Hi everybody.
Does this system works with most of you? I just got interested with this method. Just curious.
Quoting Ariuz
Hi everybody. Does this system works with most of you? I just got interested with this method. Just curious.
It will work only for ones that put in the work needed in-order to make it work , it works for me tho but only after I studied long enough
I Have Learned to Take Some Losses to Make Profits
Dear Omonisha,

Have you got only one strategy to enter after a divergence (hidden or not?) + OB?
Do yo enter as soon as the OB closes?
thank you!
cheers!

Quoting omonisha
EURUSD-D1....Divergence and OB [ OustSide Bar ] {image}
Hi to everyone!

This is my first post. I appreciate all the help from the mentors in this thread, especially to Emmanuel and Snarly and all those who help the newcomers.

I have little time practicing TMS, but I read a lot and focusing in backtesting, but I have a doubt regarding the TMS settings in Forex Tester 2.

These are the settings for Synergy_Pro_TDI
RSI_Period = 10;
RSI_Price = 5;
Volatility_Band = 34;
RSI_Price_Line = 3;
RSI_Price_Type = 1;
Trade_Signal_Line = 7;
Trade_Signal_Type = 0;

But, what is the RSI_Price_Type and the RSI_Price in Forex Tester 2? Is not displayed..

Thanks in advance and sorry for my English..

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