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Trading Made Simple

  • #65,421
  • Feb 3, 2016 4:12am Feb 3, 2016 4:12am
I habe a few question on this Method and i hope somebody who has Success with it can answer them.

1. Is this Method profitable on h1? What higher Timeframes do you check for confirmation when you trade h1 or h4?
2 How many trades do you make on h4 in one week?
3.What Do you do when Tdi looks good for going short (4-6 on a clock) and you enter the trade and after 10 minutes the tdi changes and looks like a1-3 on the clock. Do you exit or wait for the tdi to change again?

Thank you and happy trading.
Mbt
  • #65,422
  • Feb 3, 2016 4:14am Feb 3, 2016 4:14am
EURJPY 1H

Yesterday took a 1H Cross down crossing the 50 line. There was lots of "empty space" in the WRB. I moved SL to BE at the Daily Open and almost hit my TP this morning.

+125pips

I'm tempted to become greedy seeing the last move down and would like to hold for more but this is more then enough. More trades await

Best,
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  • #65,423
  • Feb 3, 2016 4:15am Feb 3, 2016 4:15am
Just took these trades on h4.

Are they correct?
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  • #65,424
  • Feb 3, 2016 4:17am Feb 3, 2016 4:17am
Here another one.
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  • #65,425
  • Feb 3, 2016 4:19am Feb 3, 2016 4:19am
Quoting Mbt
I habe a few question on this Method and i hope somebody who has Success with it can answer them. 1. Is this Method profitable on h1? What higher Timeframes do you check for confirmation when you trade h1 or h4? 2 How many trades do you make on h4 in one week? 3.What Do you do when Tdi looks good for going short (4-6 on a clock) and you enter the trade and after 10 minutes the tdi changes and looks like a1-3 on the clock. Do you exit or wait for the tdi to change again? Thank you and happy trading. Mbt
Hey MBT,

I'm only have marginal succes but I'll try to answer anyway:

This method can be trades on the 1H. TheScorpS posts a lot of charts and look up Phx pdf in the paperclip. There is also a 30M TMS thread for intraday.

Higher timeframes. Depends on yourself I think but in general it is good to atleast have an idea of the higher timeframes of any pair you are trading. Perhaps this is not a neccesary condition to trade profitably but it should put odds in your favor. Emmanuel does a Big Picture Planning every week for all his pairs he watches and plans his trades for the week ahead.

What you could do is wait for the candle close. This is conservative. If you use a realtime version of the TDI nothing will repaint except the last bars' TDI mpl.

Best,
  • #65,426
  • Feb 3, 2016 4:28am Feb 3, 2016 4:28am
@mbt I think you should have to watch your trade closely .... have a look a larger time frame . The AUDUSD is crossing down on the daily time frame. Just my point of view
  • #65,427
  • Feb 3, 2016 4:34am Feb 3, 2016 4:34am
Quoting emmanuel7788
{quote} We do top down analysis (Big Picture Plan) to determine the market type if it is trending or sideways. If it is sideways, then we want to know if it is narrow range or wide range. Techncially, the values of the 10EMA, Close, no shift and the 5EMA, Typical Price, Shift+3 are very close hence I said there is no differeence. the way we use either one make the difference. TMS 5-Method uses the 5EMA as the direction and to see the setup candle. The 10 EMA is use to see the dynamic support and resistance in the higher timeframes. Whether you want...
Thank you Emmanuel now I understood
If you don't mind could you please send me a lastest TDI indicator because both EA & Ecad - your TDI's crossed with some angles but my TDI's just beginning to cross but the angles are not so clear. Thank you

Best regards,
  • #65,428
  • Feb 3, 2016 4:53am Feb 3, 2016 4:53am
Quoting TheScorpS
Set and forget EA trade long + 50 pips {image}
Hi Scorps, I am a little confused with your entry, I don't see the TDI has crossed the red until 2 candles passed where you have posted? which would have been the 21.00 gmt candle on my fxcm mt4 platform.
  • #65,429
  • Feb 3, 2016 4:59am Feb 3, 2016 4:59am
Quoting tibovwh
Hi guys, Yesterday I took a short entry in AUDUSD 4H after a BEOB and after forming a LH. TDI had not closed across but crossing so this is agressive entry I think. But I had noticed that on this type of BEOB the TDI set to TP hardly ever crosses on APB #1. Is this a correct entry? The 4H BEOB rolled into a D1 BEOB. So I decided to try and manage as a D1 position trade (this is probably advanced and pretty hard but anyhow) I re-entered at 0.7005 locking in 2.3% Currently in heavy DD. We have confluence on the 15M chart with WOL + Previous structure...
took shorts as well on H4...keep your stops and be patient
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the cautious seldom err....C
  • #65,430
  • Feb 3, 2016 5:07am Feb 3, 2016 5:07am
Quoting pete.alfa
{quote} Thank you Emmanuel now I understood If you don't mind could you please send me a lastest TDI indicator because both EA & Ecad - your TDI's crossed with some angles but my TDI's just beginning to cross but the angles are not so clear. Thank you Best regards,
use this:
http://www.forexfactory.com/showthre...71#post6625171
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #65,431
  • Feb 3, 2016 5:29am Feb 3, 2016 5:29am
Quoting TheScorpS
EA short +400 pips , multiple positions {image}
I think you own EA so far this year
Never argue with a fool; onlookers may not be able to tell the difference.
  • #65,432
  • Feb 3, 2016 5:29am Feb 3, 2016 5:29am
Hi Guys, I have been a watcher of this thread for a few weeks now and have been demoing this technique for a few weeks too. I began my forex journey about 6 months ago and adopted the J16 technique. I find that TMS had really helped with my patience levels (something that were really tested with J16) and i am really starting to understand the rigors of forex trading. I have a trade explorer ongoing and I hope the in future to add some input whilst i continue to learn.

And of course I also want to say a thank you to all those I have learned from so far.
  • #65,433
  • Feb 3, 2016 5:52am Feb 3, 2016 5:52am
Quoting Scrambleguy
{quote} Hi Scorps, I am a little confused with your entry, I don't see the TDI has crossed the red until 2 candles passed where you have posted? which would have been the 21.00 gmt candle on my fxcm mt4 platform.
When I enterd the trade, TDI Green had already crossed Red 2 H1 bar before entry , I actually traded the bounce of Green below Red in this trade , hope this is answer ur question, so there was already a cross of TDI
I Have Learned to Take Some Losses to Make Profits
  • #65,434
  • Feb 3, 2016 5:52am Feb 3, 2016 5:52am
Quoting Lookleft
{quote} I think you own EA so far this year
Hope to show more good trades in this year 2016 to help others learn TMS as well , thanks a lot LL
I Have Learned to Take Some Losses to Make Profits
  • #65,435
  • Feb 3, 2016 6:01am Feb 3, 2016 6:01am
Hi, im new here an i cant find any .tpl file that would fit on my MT5. Can someone pls help?
  • #65,436
  • Feb 3, 2016 6:10am Feb 3, 2016 6:10am
another succes trade

thanks guys for this strategy, the 4H concept fit me, no need to sit infron of the pc whole day.

im still testing this strategy on 1D, its seems like its working well. but as big E sayd..the SL are big.
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  • #65,437
  • Feb 3, 2016 6:35am Feb 3, 2016 6:35am
Quoting omri89
another succes trade thanks guys for this strategy, the 4H concept fit me, no need to sit infron of the pc whole day. im still testing this strategy on 1D, its seems like its working well. but as big E sayd..the SL are big. {image}


Good one mate!

Reasonable TP... Something I should do more !

Best,
  • #65,438
  • Feb 3, 2016 7:19am Feb 3, 2016 7:19am
USDCAD H4 +86 pips
PA reacted to 1.4100 BRN which if you look back had been an important S/R zone for some time good TDI cross on the 50 level and signal and price lines heading the same way and parting. Held off entry until good momentum to take price through the 1.4000 BRN. Then the Loonie headed south at a rate (behaves likes it's nickname at times). TP was set for 1.3900 but price stalled and US data was due so closed manually.
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Never argue with a fool; onlookers may not be able to tell the difference.
  • #65,439
  • Feb 3, 2016 7:54am Feb 3, 2016 7:54am
Hi Guys, my first post here. I took the trade (Chart 1) with good TDI angle at start of 3rd bar because the PA and TDI look strong but then it reverse 50+ pips (Chart 2). Based on your experience, should i exit or set SL at last swing high or wait for next candle? What else should i consider when taking this trade? I read all the post from Big E and i know that he will close the position when it reverse but this is an example to show that even a good TDI angle still can't promise a winning trade and we should have a good exit strategy. Awaiting your feedback. Thanks
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  • #65,440
  • Feb 3, 2016 7:54am Feb 3, 2016 7:54am
how do you guys deal with news?
if you get a good tdi cross, on the news, do you ignore it?
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