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Trading Made Simple

  • #67,341
  • Mar 22, 2016 11:55pm Mar 22, 2016 11:55pm
GBPJPY Mar 23 H1:

What about this setup?

narrow range Asian and if this H1 close below the Asian Low.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY Mar 23 H1 GMT0650.png Size: 37 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #67,342
  • Mar 23, 2016 12:37am Mar 23, 2016 12:37am
EURAUD Mar 23 H1 update:


that was no setup to trade...

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD Mar 23 H1 GMT0730 update.png Size: 46 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #67,343
  • Mar 23, 2016 1:02am Mar 23, 2016 1:02am
Quoting jeff90
Hi, i am stationed in Singapore. May i know what indicator i can use to have the correct time reflected on my platform?
MT4 has its own server time (from your broker), regardless of your computer time.
  • #67,344
  • Mar 23, 2016 1:14am Mar 23, 2016 1:14am
Quoting x-x
{quote} MT4 has its own server time (from your broker), regardless of your computer time.
Which means i can use the indicators that you guys posted? Like LO etc..
  • #67,345
  • Mar 23, 2016 1:20am Mar 23, 2016 1:20am
Quoting jeff90
{quote} Which means i can use the indicators that you guys posted? Like LO etc..
If you open the Market Watch window Ctrl+M you will see your broker time at the top.
Never argue with a fool; onlookers may not be able to tell the difference.
  • #67,346
  • Edited 1:45am Mar 23, 2016 1:26am | Edited 1:45am
Quoting jeff90
{quote} Which means i can use the indicators that you guys posted? Like LO etc..
here you can figure that out on your own...

Attached Image (click to enlarge)
Click to Enlarge Name: MT4 server time London open.png Size: 67 KB


Edit:

I forgot to mention that this Sunday is Daylight Saving Time changeover in Europe and the UK.
So LO will again be different depends on where you are located.
Tokyo Open will always be the same....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #67,347
  • Mar 23, 2016 2:00am Mar 23, 2016 2:00am
Quoting jeff90
Hi, i am stationed in Singapore. May i know what indicator i can use to have the correct time reflected on my platform?
Hi Jeff,

You are basically on the same time zone as me. Cheers !!
  • #67,348
  • Mar 23, 2016 3:25am Mar 23, 2016 3:25am
Plan for EURUSD
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 60 KB
Joining The 10%
  • #67,349
  • Mar 23, 2016 3:56am Mar 23, 2016 3:56am
Where can I get Cave manager?
  • #67,350
  • Mar 23, 2016 3:59am Mar 23, 2016 3:59am
Quoting noahcraig54
Where can I get Cave manager?
THV CaveManager EA.

Download the trade manager EA and pdf description from original thread / post by Caveman: Post# 18,455
Both the EA and pdf description are in Post#30,032

I made a pdf for member hsn100.
CM parameter setting for HSN : Post#56,308
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #67,351
  • Mar 23, 2016 4:24am Mar 23, 2016 4:24am
Hi,

What do we think about yesterdays candle on GBPUSD?
Attached Image (click to enlarge)
Click to Enlarge Name: Schermafdruk 2016-03-23 12.23.54.png Size: 43 KB
  • #67,352
  • Mar 23, 2016 4:45am Mar 23, 2016 4:45am
Quoting tibovwh
Hi, What do we think about yesterdays candle on GBPUSD? {image}
i am not thinking to short at this moment. GU Approaching near the rising channel. It didn't even retraced after yesterday move
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-03-23_17-40-21GU_Analysis.png Size: 52 KB
Sad i'm not trying to understand PA
  • #67,353
  • Mar 23, 2016 6:31am Mar 23, 2016 6:31am
Quoting emmanuel7788
{quote} {quote} Catalin_eros, here is the outcome if you had used Cavemanager to manage this trade. {image}
Thanks, Emm! I have just closed it, based on the fact that I see consolidation right now at S area, so it's better to take what market gifted me with.

I've never used CM, but I might give it a try in the future.

Do you have a script that plots R multiples, based on the distance between EP and SL? For example, SL to EP is 100 pips, I want Tp1 100pips from EP, Tp2 100 pips from Tp1 and so on. I know you had one that used fibs as targets, but I do not want that one, because the distance is differently calculated.
  • #67,354
  • Mar 23, 2016 6:40am Mar 23, 2016 6:40am
Quoting emmanuel7788
EURAUD H1 setup in 10mins... {image}
Assuming the candle would have closed under it, an aggressive trader would take it without the confirmation from the indi, while a conservative trader would take it only with confirmation. Since TMS is related to the TDI, I think you will say that we must wait for indi confirmation. I'd like to know your answer, because although many do not ask, they are curious about it.
  • #67,355
  • Mar 23, 2016 7:45am Mar 23, 2016 7:45am
Mostly bad trades this week so far... signals that don't last more than 1 or 2 bars (4h chart) and some losers.... anyone else having this experience?

For instance: got uncomfortable losses on AUD/CAD yesterday and more losses on NZD/JPY and AUD/CAD in the last bars. I am bought in USD/JPY and sold in AUD/CAD right now.

I am thinking two possibilities: or the markets is generally too rangy in most pairs (AUD and EUR pairs being good examples)

and/or

I'm still not trusting the system enough to let my winners run wilder (I could have got bigger profits in GBP/USD, EUR/GBP and EUR/USD this week)

Anyone else having similar thoughts? Any possible solutions?
  • #67,356
  • Mar 23, 2016 8:20am Mar 23, 2016 8:20am
EA trades for the day , +21 + 30 , third trade was for +50 pips , +101 pips for the day
Attached Image (click to enlarge)
Click to Enlarge Name: EA_H1.jpg Size: 349 KB
I Have Learned to Take Some Losses to Make Profits
  • #67,357
  • Mar 23, 2016 8:29am Mar 23, 2016 8:29am
Quoting omonisha
{quote} i am not thinking to short at this moment. GU Approaching near the rising channel. It didn't even retraced after yesterday move {image}
This is my first post in here. I've started trading TMS at the beginning of the year and so far so good. I've been trading for three years now and this is the first time I'm profitable. Because of my work many of my trades are taken from my cellphone. I will share some trades when possible. Just wanted to let you know that I took that trade. Sold GU at Sydney open yesterday, and when I woke up this morning my 50 pips TP was hit. And could have taken 100 pips. But I'm not greedy and happy with my 50 pips. I'm in Argentina (GMT -3) so I try to trade NY session, and if I see a good setup during Tokyo session I will go for it as well.
Great system, great people in here. I'm glad I found this threat. It has changed they way I trade.

I'm trading with Big E rules, in 4H timeframe. But I saw that setup in the daily chart and decided to go for it.

Right now I don't think ME/ME trading is for me. But still watching really close.
  • #67,358
  • Mar 23, 2016 8:52am Mar 23, 2016 8:52am
Quoting emmanuel7788
{quote} here you can figure that out on your own... {image} Edit: I forgot to mention that this Sunday is Daylight Saving Time changeover in Europe and the UK. So LO will again be different depends on where you are located. Tokyo Open will always be the same....
Also Friday and Monday are public holidays here in the UK.
  • #67,359
  • Mar 23, 2016 9:01am Mar 23, 2016 9:01am
Quoting JuanRoteta
{quote} This is my first post in here. I've started trading TMS at the beginning of the year and so far so good. I've been trading for three years now and this is the first time I'm profitable. Because of my work many of my trades are taken from my cellphone. I will share some trades when possible. Just wanted to let you know that I took that trade. Sold GU at Sydney open yesterday, and when I woke up this morning my 50 pips TP was hit. And could have taken 100 pips. But I'm not greedy and happy with my 50 pips. I'm in Argentina (GMT -3) so I try...
Welcome Juan. Wish your journey with TMS will be smooth. Stick to simple rule PA+TDI. Hone your skill on entry and exit. Management is the second chapter.
Nice trading on GU yesterday.

Very Good Luck
Sad i'm not trying to understand PA
  • #67,360
  • Mar 23, 2016 9:41am Mar 23, 2016 9:41am
Quoting MoneyTalks58
I am testing with demo. Below trade looked reasonable for me. And also today I took GBPAUD sell. I hope I am getting understand the fundementals of this system. Edit: I also tried to get some pips from USDCAD. {image} {image}
Both of the trades hit the SL. A terrible start.
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