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Trading Made Simple

  • #67,741
  • Mar 31, 2016 6:22am Mar 31, 2016 6:22am
Quoting kingdomk
{quote} I'M short EA too but doesn't look like it's going anywhere, breaking through the 200MA to the upside. What's your thoughts? My GU short is running fine up 40+ so far. I will try to post charts later. Thanks
well it took a bit more time waiting for Tokyo to close then finally the LO did set the high for the session and move lower... in the money

set CM for 4 exits with Trail_by_Prev Candle HL for the 4th exit.

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD H1 trade with CM.png Size: 42 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #67,742
  • Mar 31, 2016 6:29am Mar 31, 2016 6:29am
Quoting leescofield
{quote} What does M entry&ME means？

just few post above is what you missed today.

http://www.forexfactory.com/showthre...37#post8844237
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #67,743
  • Mar 31, 2016 6:32am Mar 31, 2016 6:32am
Quoting emmanuel7788
{quote} just few post above is what you missed today. http://www.forexfactory.com/showthre...37#post8844237
Sorry！Too many posts，got it！
  • #67,744
  • Mar 31, 2016 6:39am Mar 31, 2016 6:39am
Quoting lastingwell
{quote} And now you've gone too far Emmanuel I still rate phx62 as one of my friends, the only person that hounded him from this thread was you, are you forgetting: http://www.forexfactory.com/showthre...31#post8796931 when phx62's trades were mentioned. or http://www.forexfactory.com/showthre...38#post8763238 and thats even after he had...
Please stop acting like the FF police. Emm spends alot of his time helping newbies like myself, his advice is invaluable and it's not like his coming on here not helping anyone and just posting his results, he's actually answering questions and giving advice. More than anyone else does.
  • #67,745
  • Mar 31, 2016 6:40am Mar 31, 2016 6:40am
I need to hear others opinion about this. Would you sell at the vertical line there?
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDH4.png Size: 36 KB
  • #67,746
  • Mar 31, 2016 6:51am Mar 31, 2016 6:51am
Quoting leonlee0116
I need to hear others opinion about this. Would you sell at the vertical line there? {image}
No.

There is big candle Master Candle [3]. Not taking any TDI cross setup in that chart timeframe. You can trade lower TF using that MC[3] high-low as support and resistance.
NU is very bullish this week. Follow Day chart candle, stay on buyer side.

is this simple enough?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #67,747
  • Mar 31, 2016 6:55am Mar 31, 2016 6:55am
Quoting emmanuel7788
{quote} No. There is big candle Master Candle [3]. Not taking any TDI cross setup in that chart timeframe. You can trade lower TF using that MC[3] high-low as support and resistance. NU is very bullish this week. Follow Day chart candle, stay on buyer side. is this simple enough?
so D1 to check the main trend and find entry which is match the D1 in H1/H4? Or just H1?
  • #67,748
  • Mar 31, 2016 6:57am Mar 31, 2016 6:57am
Quoting leonlee0116
I need to hear others opinion about this. Would you sell at the vertical line there? {image}
Hi Leon,

I sense that you might have a tendency to call tops and bottoms. I have done this in the past and still do from time to time. This is a very hard thing to do in the markets.

I attached a W1 chart of NZDUSD. Have a look at MN and W1 chart and D1 zoomed out. I don't want to be selling yet untill I see a good reversal. Then we can try to catch 60% of the move instead of 95%.

Best,
Attached Image (click to enlarge)
Click to Enlarge Name: Schermafdruk 2016-03-31 12.55.15.png Size: 35 KB
  • #67,749
  • Mar 31, 2016 7:00am Mar 31, 2016 7:00am
Quoting satjhangra
{quote} Please stop acting like the FF police. Emm spends alot of his time helping newbies like myself, his advice is invaluable and it's not like his coming on here not helping anyone and just posting his results, he's actually answering questions and giving advice. More than anyone else does.
And sometimes there is a reason that people are oh so helpful and its not usually for charitable reasons and actually the reason not many other seasoned traders come in here to answer newbies questions is that it is no longer anything to do with Big E's thread, it is Big Emm's thread so whats the point, most of the questions are things like "whats ME/ME" but whatever, I'll put him on ignore until he's in the commercial section with the rest of some of his friends.
  • #67,750
  • Mar 31, 2016 7:10am Mar 31, 2016 7:10am
[quote=lastingwell;8845452]{quote}And sometimes there is a reason that people are oh so helpful and its not usually for charitable reasons and actually the reason not many other seasoned traders come in here to answer newbies questions is that it is no longer anything to do with Big E's thread, it is Big Emm's thread so whats the point, most of the questions are things like "whats ME/ME" but whatever, I'll put him on ignore until he's in the commercial section with the rest of some of his friends.[/quote]


so the truth is finally out.
lastingwell, she succeeded and snarlyjack is now a commercial member so that he can no longer post in this thread.
She wants to see me made a commercial member too becasue she suffers from delusions that I have commercial interest. Now I know who had been making complaints to FF Admin that I have commerical interest.
snarlyjack was one of eelfranz' pioneer member in his CHS thread and also in TMS thread.

trust me, she will return in another username... be patient.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #67,751
  • Mar 31, 2016 7:16am Mar 31, 2016 7:16am
Quoting leescofield
{quote} You are so disgusting!
As I said before, newbies love him
  • #67,752
  • Mar 31, 2016 7:20am Mar 31, 2016 7:20am
Quoting lastingwell
{quote}As I said before, newbies love him
jealousy leads to anger, anger leads to hatred.

one cannot have bliss in life with intense hatred in their heart.

let it go.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #67,753
  • Mar 31, 2016 7:22am Mar 31, 2016 7:22am
Is the first Post the strategy you all use? Or did it get updated along the way? Would be nice if you could kindly give me a link to the latest version.

Kind regards
  • #67,754
  • Mar 31, 2016 7:23am Mar 31, 2016 7:23am
I don't know what had happened before but he helped many newbies solve their problems.
For me,he is good.
I have not send or pay any money to him,that's the point.
All the thing from this forum.Free.
  • #67,755
  • Mar 31, 2016 7:27am Mar 31, 2016 7:27am
This consider as lose trade? GU H4
-TDI crossed
-APB turned red
-Candle crossed 5EMA
-MC low breakout
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 40 KB
  • #67,756
  • Mar 31, 2016 7:30am Mar 31, 2016 7:30am
Quoting leonlee0116
This consider as lose trade? GU H4 -TDI crossed -APB turned red -Candle crossed 5EMA -MC low breakout {image}
TDI flat，then out，waiting next move
Attached Images
  • #67,757
  • Mar 31, 2016 7:30am Mar 31, 2016 7:30am
Quoting teslaYoung
{quote} I am still new to TMS, but I would like to share my opinion because everyone has the different understanding on the knowledge, team work is always better than fighting alone {image} {image}
That is an awesome analysis. Thank you. It makes it a lot clearer to me.
Also if I had taken that trade it would have failed.

What is MN ?
Live life king size !
  • #67,758
  • Mar 31, 2016 7:31am Mar 31, 2016 7:31am
Quoting leescofield
{quote} TDI flat，then out
how u determine the "flat" of TDI?
  • #67,759
  • Edited 7:52am Mar 31, 2016 7:34am | Edited 7:52am
Quoting leescofield
I don't know what had happened before but he helped many newbies solve their problems. For me,he is good. I have not send or pay any money to him,that's the point. All the thing from this forum.Free.

Don't worry. I don;t need anyone to pay me money. I trade the markets and make my money from the market. Its her money that I make from the market because she belongs to 95% group of losers. She contribute to my OPM account what is known as the Market's Money.

You all concentrate and learn TMS 5-Method here. Its free and you need to spend time to learn as much as you can afford the time to. When you have mastered the 5-Method, you develop your own money management strategy and make that into your own winning trading system. When you are ready and is prepared to spend 3 to 5 hours everyday for the next 2 years, you have a very high chance to make it to be a profitable trader. I will be here to help some of you succeed. The market pays me to do this.
ME/ME is what professional traders like Kathy Lien do in her business. Big E did the same but he simply called it multiple entry. Do not let people like lastingwell stand in the way of your success.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #67,760
  • Mar 31, 2016 7:39am Mar 31, 2016 7:39am
Quoting emmanuel7788
{quote} sorry I am not a great trader. I do not want to be associated with great traders. I only want to be with my group of real traders. what was your question again? I did not want to scroll back and look for it.
The question was in this post.

And here is my second question: why in this post your ME/ME entries were on a distance less than 0,5 x 100 D1 ADR between each other? 0,5 would have been 65 pips, but the distance on the last three trades is way smaller. Do you have other entry methods that you are keeping secret?

And here is the third question of the day: on GU ME/ME trade, did you take that setup only based on the D1 bias? I ask because my W1 showed me bearish bias:

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 49 KB


Last W1 bar closed as an IB and a BEEB, and considering that the bears reacted strongly (a close in the 25% of the bar) on the last W1 bar before the last swing high, that tells me bearish.

And I took a look at MN too, knowing that you are using it, and I saw the same bearish bias, based on the last MN bars. The only reason I could find on MN for going with the bulls was that we are at a S area if I look left, but those are mainly pins, and you said in the BPP pdf you are using line chart to draw S/R, and you do not look at pins, but you just know where they are.

"Note I dont consider those MN highs and lows points. But I know where they are."

We had a close under the red line, which marks the closing price S/R ( so the S was broken), as it can be seen in the MN picture bellow:
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDMonthly.png Size: 74 KB


So I would rather imagined you to expect to go short on break of the MN's low. So where does this bullish bias come from? Unless as I assumed, you took the ME/ME trades only based on the D1.

As always, thanks in advance for the answers!
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