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Trading Made Simple

  • #65,881
  • Feb 17, 2016 5:23am Feb 17, 2016 5:23am
Quoting Dridzz
do you think USD will go up today ?

never mind what I think,
never mind what we all think,
never mind what you think,

the market has a mind of its own, it does what it wants,

our job as TMS traders is to look at PA, Supp/Res, then that TDI cross or bounce, we pull the trigger and make sure we have our exits in place,
- first exit is our Stop Loss,
- the other exits are out Take Profits TPs,
- minimum one Entry two Exits.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #65,882
  • Feb 17, 2016 5:32am Feb 17, 2016 5:32am
Hi Big Boys

Look at the chart. It is going down hard on cable.

Comments?
Attached Image (click to enlarge)
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  • #65,883
  • Feb 17, 2016 6:11am Feb 17, 2016 6:11am
Quoting eriksurya
Hi Big Boys Look at the chart. It is going down hard on cable. Comments? {image}

you H1 BB is going into a 'squeeze'.
look at H4 BB, it is still sell zone,
but D1 BB says no trade zone.

which BB you wanna to follow?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #65,884
  • Feb 17, 2016 6:14am Feb 17, 2016 6:14am
Hi Sir,

Thank you for the comments.

Looking at H1 and H4 chart.
  • #65,885
  • Feb 17, 2016 7:32am Feb 17, 2016 7:32am
Hello guys, looking up in my library, i found this ebook. Perhaps it can be useful for someone, it was useful for me
Attached File(s)
File Type: pdf Supply and Demand Ebook.pdf   1.2 MB | 5,231 downloads
“Stops don’t limit profits — they prevent disasters.”
  • #65,886
  • Feb 17, 2016 9:53am Feb 17, 2016 9:53am
Quoting emmanuel7788
{quote} you too, I knew it... birds of the same feathers flock together. good trading buddy.
Thanks EMU looks like you and i entered at the same time when the OB broke. Re entered when price made an OB on H4 too.

Quoting TheScorpS
{quote} Great day TMS traders , nice long run OS
Excellent discipline TSS very nice trading you too
Attached Image (click to enlarge)
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Sad i'm not trying to understand PA
  • #65,887
  • Feb 17, 2016 10:22am Feb 17, 2016 10:22am
Quoting emmanuel7788
EURAUD 17 Feb H1 London Open trade. Sorry folks that I lied. I am not supposed to trade H1 intraday this year in my business plan. But since we are talking about PASR + TMS = Winners being our topic for today, I was looking at EURAUD when Frankfurt open and that PASR + TMS setup was too good to miss. It was set and forget. No time to manage moving SL, etc. {image}
I was in that at LO too but moved my SL to BE too early.. I also re-entered on break of London low and took 50 pips
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  • #65,888
  • Feb 17, 2016 11:29am Feb 17, 2016 11:29am
Quoting emmanuel7788
{quote} you H1 BB is going into a 'squeeze'. look at H4 BB, it is still sell zone, but D1 BB says no trade zone. which BB you wanna to follow?
Why do you say that D1 is no trade zone? because Stoch is close to 20?
  • #65,889
  • Feb 17, 2016 12:52pm Feb 17, 2016 12:52pm
I am really confused with myself.I try to trade 2 weeks with h1 and get 20 pips per positions and 80% win. But I don't know why aim not happy .iam can't decide about h1. Or h4 .please if have an idea share with me please
  • #65,890
  • Feb 17, 2016 12:57pm Feb 17, 2016 12:57pm
Quoting mortezakh
I am really confused with myself.I try to trade 2 weeks with h1 and get 20 pips per positions and 80% win. But I don't know why aim not happy .iam can't decide about h1. Or h4 .please if have an idea share with me please
Depends what you are risking mortezakh.. whats you stop loss.?
It's in fear when people show what they truly value.
  • #65,891
  • Feb 17, 2016 12:58pm Feb 17, 2016 12:58pm
Quoting mortezakh
I am really confused with myself.I try to trade 2 weeks with h1 and get 20 pips per positions and 80% win. But I don't know why aim not happy .iam can't decide about h1. Or h4 .please if have an idea share with me please
Hi mortezakh, trading 4h is easier, less stress, Try it and when you master it then you can go with H1...At least for me 4H is better and easier, you dont need to spend much time in front of the pc.
“Stops don’t limit profits — they prevent disasters.”
  • #65,892
  • Feb 17, 2016 1:00pm Feb 17, 2016 1:00pm
Thanks for your reply
I use 20tp and 30sl with h1 and 50tp and 50sl for h4
Quoting ensale
{quote} Depends what you are risking mortezakh.. whats you stop loss.?
  • #65,893
  • Edited 1:29pm Feb 17, 2016 1:08pm | Edited 1:29pm
Hello Everyone:

Like to share with you guys my EURCAD D ME/ME Trade SUMMARY

The setup candle was on D chart 2/16 and I entered short.
Only set 3 sell limit pending orders usign 0.5ADR(100) distance, just in case, I was busy and missed an entry when price went up.
If need to enter the 4th entry, I would like to do it manually.

Luckily, 2 pending orders got triggered when price retraced. And 2 hours ago, I closed them all to prevent giving back some of my profit to the market.
There are several reasons that I wanted to close:
1. The price reached Historical Price Swing Level
2. There are supports on D chart
3. It's near 50 EMA and it serves as a support
4. I think I'm trading against the trend (counter trend??) NOT SURE ABOUT THIS ONE
So, overall, I didn't feel good to let them RUN... : (

But later on, I opened one order and hope to build a new position if the price continue to go down (kind of contradicted to what I analyzed above ...what was I thinking!?!) I closed it

ME1 85 pips
ME2 178 pips
ME3 271 pips




Anyone are welcome to comment my trade and give me advice.

Regards,
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  • #65,894
  • Feb 17, 2016 3:59pm Feb 17, 2016 3:59pm
Quoting mousteven
Hello Everyone: Like to share with you guys my EURCAD D ME/ME Trade SUMMARY The setup candle was on D chart 2/16 and I entered short. Only set 3 sell limit pending orders usign 0.5ADR(100) distance, just in case, I was busy and missed an entry when price went up. If need to enter the 4th entry, I would like to do it manually. Luckily, 2 pending orders got triggered when price retraced. And 2 hours ago, I closed them all to prevent giving back some of my profit to the market. There are several reasons that I wanted to close: 1. The price reached...
nice trade!

I got out GBPUSD with 20 Pips before Fed news release.
  • #65,895
  • Feb 17, 2016 4:18pm Feb 17, 2016 4:18pm
Quoting MaxZen
{quote} I was in that at LO too but moved my SL to BE too early.. I also re-entered on break of London low and took 50 pips {image}

Hi,

Good trade.
But you can consider to manage your trade using R and R-Multiple. Use this with discipline and you will make more profits over time. Your focus will be on the PASR setup with TMS. Your winners will increase and also better R:R.

see below chart showing how it can be done and you would have got a 3R trade with an initial risk R.

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD R and R-Multiple trade managemnt.png Size: 58 KB


read this post and also the scrips I use for this.
http://www.forexfactory.com/showthre...69#post7836469

regards
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #65,896
  • Feb 17, 2016 4:28pm Feb 17, 2016 4:28pm
Quoting verglas
{quote} Why do you say that D1 is no trade zone? because Stoch is close to 20?

Well, I saw that the member posted his TMS chart with BB on his price chart.
If he trade with BB, then he should follow rules made for BB trading.
The same 3 TF rule applies. i.e when trading in H1, both H4 and D1 must agree.

BB= Bollinger Band and that show volatility... nice tool.

TMS traders trade with price action + S&R + trend + momentum.
We have the BB or volatility band on the TDI.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #65,897
  • Feb 17, 2016 4:30pm Feb 17, 2016 4:30pm
Quoting mortezakh
I am really confused with myself.I try to trade 2 weeks with h1 and get 20 pips per positions and 80% win. But I don't know why aim not happy .iam can't decide about h1. Or h4 .please if have an idea share with me please
Hi,

next time post your trade charts and I will share and help you here.
this way you will have another option to learn here.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #65,898
  • Feb 17, 2016 4:38pm Feb 17, 2016 4:38pm
Hi and thanks for your reply
My yesterday trade
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Quoting emmanuel7788
{quote} Hi, next time post your trade charts and I will share and help you here. this way you will have another option to learn here. regards,
  • #65,899
  • Feb 17, 2016 4:46pm Feb 17, 2016 4:46pm
Quoting Dimi.A
{quote} Spot on! You know your stuff. It's good to see you're familiar with Japanese candlestick reversal candles. It's always handy to have that knowledge but the best thing about the original TMS is even if you're not a seasoned Japanese candle stick analyst you will still learn and still succeed. Pretty cool aye? {quote} Thanks Mac! Nice chart there - very "Matrix" looking. Where is your TMS chart bro? ​ {quote} Jay! What's up man 2016 will be a good year. We just need to avoid all that Chinese news bullshit. Let's smash the market...
This is excellent. What about drawing the yellow line? and the volatility bands? Thanks
  • #65,900
  • Feb 17, 2016 4:50pm Feb 17, 2016 4:50pm
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Quoting emmanuel7788
{quote} Hi, next time post your trade charts and I will share and help you here. this way you will have another option to learn here. regards,
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