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Trading Made Simple

  • #66,381
  • Mar 1, 2016 2:46pm Mar 1, 2016 2:46pm
Quoting makron
Today is good day for me But maybe i exited very early, TDI angle is steep 01/03 (H4 only) AU +5 +20 AJ +50 +95 UJ +50 +85 29/02 (H1-H4) GA +85 -35 EA +60 +115 EJ +70 +85 GJ -80 -55 {image} {image} {image}
Great trading Makron, what stops are you using? and have you found some trades going into loss before they turn around?
  • #66,382
  • Mar 1, 2016 2:56pm Mar 1, 2016 2:56pm
Quoting mets69
​Hi guys I have been checking my trading history in the last 3 weeks I've had about 80 trades straight with no loses. Is this just luck or is the market conditions right for my kind of trading? I thinking this is too easy when is it gonna go wrong. I'm not complaining don't misunderstand but it all feels a bit predictable! Is there anyone else who feels like this??
wow 80 straight wins!! ?? what tf are you using and what pairs?
  • #66,383
  • Mar 1, 2016 2:59pm Mar 1, 2016 2:59pm
Hello ,
This is my first attemp in the MEME style, had success with it so far so..i'll just attach the chart , please feel free to comment on my trades as i know there is room for improvement. Thanks a lot .
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY MEME h4.PNG Size: 75 KB
  • #66,384
  • Mar 1, 2016 3:02pm Mar 1, 2016 3:02pm
I'm checking my trades most of them are short positions ​eur/usd, cable and jpy.
  • #66,385
  • Mar 1, 2016 3:14pm Mar 1, 2016 3:14pm
Quoting mets69
I'm checking my trades most of them are short positions ​eur/usd, cable and jpy.
On what timeframe/s?
  • #66,386
  • Mar 1, 2016 3:14pm Mar 1, 2016 3:14pm
Quoting mets69
I'm checking my trades most of them are short positions ​eur/usd, cable and jpy.
What time frame are you trading from?
  • #66,387
  • Mar 1, 2016 3:15pm Mar 1, 2016 3:15pm
Quoting mets69
I'm checking my trades most of them are short positions ​eur/usd, cable and jpy.
Well thats whats been going down recently and pretty hard too.. as long as you can remain with the trend, you can be profitable in the long run.
It's in fear when people show what they truly value.
  • #66,388
  • Mar 1, 2016 3:16pm Mar 1, 2016 3:16pm
I look at multiple time frames but use the 2min for timing.​
  • #66,389
  • Mar 1, 2016 5:05pm Mar 1, 2016 5:05pm
Quoting emmanuel7788
{quote} your setup conditions are good and there is PA. I see you got very good basics and read your chart well. keep it up. when we look at the price bar Close price and compare them with the previous bar Close price, we will see the price momentum and hence the angle of the TDI is derived from the Close price.

thanks again

I am wondering though, at what point do you suggest that a person closes a trade when price is moving against them.
The AUD/USD daily that i posted i thought initially looked like it would be a winner but for 2 days in a row it has failed to make gains to the downside and price has closed above the open for 2 days straight. I had a hard stop at the swing high [which was about 1.75 ATR], but i think i heard you say earlier in the thread to close out trades when price closes two candels in the opposite direction. Have I got things right? was i right to exit here or should I have waited and seen if it would hit my hard stop?
Attached Image (click to enlarge)
Click to Enlarge Name: audusdloosingforums.png Size: 30 KB
  • #66,390
  • Mar 1, 2016 5:06pm Mar 1, 2016 5:06pm
Emmanuel, do you think this is a good setup?

Down trend, PA under resistance.

Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 20 KB
It's not over, until I win.
  • #66,391
  • Mar 1, 2016 5:08pm Mar 1, 2016 5:08pm
hey all,
I've been reading through this thread and it all seems almost too simple. Are there any updated versions of the system or updated uploads for the indicators?
Thanks
  • #66,392
  • Mar 1, 2016 5:30pm Mar 1, 2016 5:30pm
I saw setups for Sell on GBPUSD and GBPCHF. Sorry I can't provide print screens, no MT4 on this putter.

Did anyone take them? Yes, no and most importantly why?

For GU, I did not take it because the current 4H candle did not close below 5ema, shift +3 and also there might be a reversal on D1.

GCHF - last week was WRB, I am waiting price to reach last weeks high and sell then if reversal happens.

Keep pipping,
Bill
focus, manage risk, rinse, repeat
  • #66,393
  • Mar 1, 2016 6:09pm Mar 1, 2016 6:09pm
Quoting emmanuel7788
{quote} Hi, no need to be sorry when you ask questions. I answer everyone and there is no secret. basically when we develop the 4H swing trading, we are trading the intra-week swings i.e. we look for when the market makes its high or low during the week. in this case of AJ, we look at Monday open which is this week' open and that first H4 candle high on Monday was use as the first high of this week as it move down. we do not consider the last swing on the chart because that was last week' swing high. now we see AJ made a swing low , we assume this...
Thank you Emmanuel I have heard about ADR 52 weekly & 100 daily. Now I understand how to trade them.

Best regards
  • #66,394
  • Mar 1, 2016 7:47pm Mar 1, 2016 7:47pm
Quoting kain775
{quote} thanks again I am wondering though, at what point do you suggest that a person closes a trade when price is moving against them. The AUD/USD daily that i posted i thought initially looked like it would be a winner but for 2 days in a row it has failed to make gains to the downside and price has closed above the open for 2 days straight. I had a hard stop at the swing high [which was about 1.75 ATR], but i think i heard you say earlier in the thread to close out trades when price closes two candels in the opposite direction. Have I got...

Hi,

about AUDUSD, cutting loss is the better thing to do now after that cash rate announcement.

perhaps we can do a post mortem and learn from this.

now is to look for another trade opportunity and try recover the loss.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #66,395
  • Mar 1, 2016 7:52pm Mar 1, 2016 7:52pm
Quoting ItaTrader93
Emmanuel, do you think this is a good setup? Down trend, PA under resistance. {image}

Hi,

I don't trade any of the pairs which has to do with CHF therefore do not have any BPP for this. But just by looking at your chart, we must learn how to identify potential sideways market and avoid taking any TDI cross setups when market is sideways. Simply observe the price volatility and the TDI characteristics.
We do not know how long it will take before it breaks out of the sideways range, therefore if we must trade, then better trade in one timeframe lower or scalp in M15 or M5.

Attached Image (click to enlarge)
Click to Enlarge Name: ItaTrader post GBPCHF.png Size: 233 KB


regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #66,396
  • Mar 1, 2016 7:57pm Mar 1, 2016 7:57pm
Quoting CalvinH
hey all, I've been reading through this thread and it all seems almost too simple. Are there any updated versions of the system or updated uploads for the indicators? Thanks

Hi Calvin,

This is not a system but a simple and elegant trading methodology. This method is not ore than 10% of a wining system. To make it into your own winning system you need to do THE WORK .

Attached Image (click to enlarge)
Click to Enlarge Name: TMS piece of the pie.png Size: 28 KB


Since you have come this far, go back few pages and read this post link here:

http://www.forexfactory.com/showthre...38#post8777938

I am sure you will have questions moving forward and please post them here with your charts set up. there will always be other experience members who will help you.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #66,397
  • Mar 1, 2016 7:58pm Mar 1, 2016 7:58pm
Quoting pete.alfa
{quote} Thank you Emmanuel I have heard about ADR 52 weekly & 100 daily. Now I understand how to trade them. Best regards



Volatility is one of the 10 things we must know when we trade the market...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #66,398
  • Mar 1, 2016 8:04pm Mar 1, 2016 8:04pm
Quoting mets69
I look at multiple time frames but use the 2min for timing.​
You must have lots of years of trading experience .

I don't recommend any new traders with little experience to use 2 minutes chart for timing.

3 timeframes is what we need-

1) for Trend
2) for Setups
3) for Timing

what can we do if we want to use only 1) and 2) and do not want to use 3) for TIMING?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #66,399
  • Mar 1, 2016 8:07pm Mar 1, 2016 8:07pm
Quoting giamma23
hello to all congratulations for the great thread, I follow a long but silent, I have been using for some time TMS in a demo account with good results especially on the TF 5 min .... I have not read many interventions on the use with low TF ... I am perhaps the only one to use it ����? sorry for my English, Good trading to all

Hi,

5-mins and 15-mins works great for very short term scalpers.
and if you use the PAC or Pro_PAC, you will do great when you are disciplined.

got to go now, its my lunch hour ... my pizza is waiting.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #66,400
  • Mar 1, 2016 8:39pm Mar 1, 2016 8:39pm
Hi Emmanuel7788,

Where do I find the vertical Pipware chart that's the one on the right hand side of the chart?

Thanks for your help.
With God all things are possible.
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