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TMS for Newbies Part 2

  • #121
  • Apr 9, 2016 11:06pm Apr 9, 2016 11:06pm
Quoting Lookleft
{quote} And look where the BRN's (Big Round Numbers) are. You want confluence or what
Looking forward next week.We'll see how market plays its cards
regards
In trading, you have to be defensive and aggressive at the same time
  • #122
  • Apr 9, 2016 11:10pm Apr 9, 2016 11:10pm
Quoting Scrambleguy
{quote} Personally from a new traders point of view Basasemi`s post looked a lot easier to read than with pivots etc on, but rules are rules I suppose, shame as I think Basasemi has some positive input which could help.
Best thing you can do is admit trading is challenging 1st.Once you understand this profoundly then you'll appreciate things that you are yet to understand.
Its a learning process.Come back after 5yrs and we will talk about pivots... VS crappy arrows
In trading, you have to be defensive and aggressive at the same time
  • #123
  • Apr 10, 2016 12:54am Apr 10, 2016 12:54am
Here is a question some newbie somewhere is wondering. I certainly have not figured it out yet. What does Wavg Angle on the Angleator stand for, and why is it there? Any help would be much appreciated!
If you are good at something, never do it for free--Joker
  • #124
  • Apr 10, 2016 1:00am Apr 10, 2016 1:00am
Quoting lastingwell
Not going to get greedy with such a strong downtrend +50. Reasons for entering, bullish divergence at good support level, stoch came out of oversold area, good angle on tdi, h4 tdi up. I was going to go for more but decided to go to bed instead {image} {image}
Hi lastingwell,

Could you teach me how to draw the support level? Is is the S200 pivot level alone?

Thank you.
  • #125
  • Apr 10, 2016 1:29am Apr 10, 2016 1:29am
Quoting babasemi
{quote} I just saw your post. Sorry if i did anything wrong.... That is why i don't generally get involved in forums. maybe it is due to Old Age..... All my intention was just to help the Newbies. I trade TMS ....which include the Basically APB,TDI e.t.c Even in the first page Lastingwell wrote......... ''Then we have the new synergy pro version which has different settings to the previous versions and is also real time.'' Attached File {image} Synergy_Pro_TDI.mq4...
I am sorry to hear you are leaving this thread as I am sure I could learn a thing or two from you..I just don't understand why using the synergy pro is disallowed where other indicators like pivots ,grab candles,angleator are allowed..strange...
the cautious seldom err....C
  • #126
  • Apr 10, 2016 3:23am Apr 10, 2016 3:23am
The synergy pro TDI iis allowed I even posted it in the first post, however as we all know the synergy pro system is with arrows etc is a commercial system from dean Malone and we are not allowed to discuss commercial systems in the normal threads of FF (look what happened to snarlyjack) so let's keep all mention of an actual commercial system out of here.
I am on my tablet this weekend so not able to access charts etc properly or type so quickly but I will be posting later on this evening my time about my answer to quite a few PM's I've received but I will say this beforehand this thread is not going to disappear like the last one so anyone that doesn't like it being here for whatever their reason can just ignore it. It is in the Interactive threads for a reason not the system threads.
  • #127
  • Apr 10, 2016 3:43am Apr 10, 2016 3:43am
Quoting antonym
{quote} Hi lastingwell, Could you teach me how to draw the support level? Is is the S200 pivot level alone? Thank you.
its the pivot 3 indicator which is in the paperclip at the top of the page very accurate as weekly support / resistance levels.
  • #128
  • Apr 10, 2016 3:47am Apr 10, 2016 3:47am
One other thing I have only posted the pivot 3 indicator but whatever you choose to use as support/resistance levels is ok with me that can be supply/demand, daily open line or however you want to look at s/r that is up to you I only posted the pivot 3 because that's what I personally use.
  • #129
  • Apr 10, 2016 3:56am Apr 10, 2016 3:56am
Quoting lastingwell
The synergy pro TDI iis allowed I even posted it in the first post, however as we all know the synergy pro system is with arrows etc is a commercial system from dean Malone and we are not allowed to discuss commercial systems in the normal threads of FF (look what happened to snarlyjack) so let's keep all mention of an actual commercial system out of here. I am on my tablet this weekend so not able to access charts etc properly or type so quickly but I will be posting later on this evening my time about my answer to quite a few PM's I've received...
I wasn't aware it's a commercial thing and I reckon babasemi didn't too..so all's good
the cautious seldom err....C
  • #130
  • Apr 10, 2016 4:03am Apr 10, 2016 4:03am
hey guys and girls how U all doing I just want to say on behalf of lastingwell that just keep it simple whatever she recommends is best for everyone LW is a great trader and has helped me a lot I now see things differently and like to keep it simple my trading has improved and so has my analysis and confidence U don't need any extra indicators simplicity is the best many green pips to all
  • #131
  • Apr 10, 2016 7:43am Apr 10, 2016 7:43am
Quoting Davit
{quote} Best thing you can do is admit trading is challenging 1st.Once you understand this profoundly then you'll appreciate things that you are yet to understand. Its a learning process.Come back after 5yrs and we will talk about pivots... VS crappy arrows
Hey Davit I certainly already know how hard trading is as was by no means having a dig at you and pivots, just mentioning Basasemi post was a clear one to me personally.. If that's ok
  • #132
  • Apr 10, 2016 8:41am Apr 10, 2016 8:41am
Quoting babasemi
{quote} Have you ever herd of this quote '' Whatever trading system or method you want to use,you need to make it your own.'' That means you need to ADD and REMOVE things on/in it to make it suit your understanding. You can never be or trade like Big E. You can never be or trade like anyone ....you can only trade like YOU. No two people can trade the same. Even Big E himself added and remove so many things so many times until he was very comfortable with what he finally used. Look at the chart i posted....is there anything good for you there?.......
I think leg pulling ,unnecessary criticism,ego,show off .to establish his/her own statement spoil/spoiled/will spoil many thread good system,so please we should respect each other .we are here for learn together..walk together ..sharing is caring.please let's concentrate on main business ...let LW to decide what is right or wrong IMHO
Say something meaningful or Silence!!
  • #133
  • Apr 10, 2016 8:54am Apr 10, 2016 8:54am
Me sitting front my desk...read and read again.
To babasemi ...could u please tell us,when yellow arrow appear what should we do?
Any suggestion from ur experience?
Many thanks
  • #134
  • Apr 10, 2016 8:59am Apr 10, 2016 8:59am
GM guys
There were some references to my grab candles.
If you are going to use then might as well understand how it works.
Grab candles were introduced by R. Horner system based on 34EMA and recognized the value but modified it to use with 10EMA
Its basically a visual 10EMA in candle form.Nothing weird or unusual
10EMA is a powerful MA on all TF's I use it often for trigger.Lots of traders using it including TMS traders.I don't think it changes TMS concept.Its just MA
I am a visual person and like seeing things instantly.By simply looking at chart I know it gives me valuable info without much thinking.
Some TMS traders use APB candles so its not a big deal in my view what candles you use.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM30.png Size: 50 KB
In trading, you have to be defensive and aggressive at the same time
  • #135
  • Apr 10, 2016 9:41am Apr 10, 2016 9:41am
About posting trades
I personally prefer posting close trades because posting live trades creates unnecessary pressure to perform and may influence how you react.
I like the freedom to manage my trades how I see fit.
I will post great set ups and do often but not going to become signal service here.
As LW mentioned we can learn a ton from close trades
In trading, you have to be defensive and aggressive at the same time
  • #136
  • Apr 10, 2016 10:36am Apr 10, 2016 10:36am
Quoting Davit
About posting trades I personally prefer posting close trades because posting live trades creates unnecessary pressure to perform and may influence how you react. I like the freedom to manage my trades how I see fit. I will post great set ups and do often but not going to become signal service here. As LW mentioned we can learn a ton from close trades
I post what the chart looked like at the time of entry for a reason, its so people can see at a glance what I was looking at when I took the trade, I don't post it at the time I take it because as you say, I am not a signal service, its only to (hopefully) benefit traders who can't imagine what the trade looked like at the start.
  • #137
  • Apr 10, 2016 10:46am Apr 10, 2016 10:46am
Quoting lastingwell
{quote}I post what the chart looked like at the time of entry for a reason, its so people can see at a glance what I was looking at when I took the trade, I don't post it at the time I take it because as you say, I am not a signal service, its only to (hopefully) benefit traders who can't imagine what the trade looked like at the start.
Exactly how I feel
Looking forward next week.Lets keep the spirits high and positive.
In trading, you have to be defensive and aggressive at the same time
  • #138
  • Apr 10, 2016 10:47am Apr 10, 2016 10:47am
Quoting lastingwell
{quote}I post what the chart looked like at the time of entry for a reason, its so people can see at a glance what I was looking at when I took the trade, I don't post it at the time I take it because as you say, I am not a signal service, its only to (hopefully) benefit traders who can't imagine what the trade looked like at the start.
I think we all better do this behavior in this thread, shows time of entry and time the trade closed, unless one forgets to take a snap at the time of opening the trade, then all can see what was there at the beginning of the trade , as closed trades only show half of the equation
I Have Learned to Take Some Losses to Make Profits
  • #139
  • Apr 10, 2016 10:52am Apr 10, 2016 10:52am
Quoting mary4x
{quote} So, what did happen to SJ? I searched for info but didn't find. Such a loss!
If you look under his name he is now classed as a commercial member.
  • #140
  • Apr 10, 2016 1:01pm Apr 10, 2016 1:01pm
Just a minor suggestion, when you do post the trades that you are taking/taken, if you could mention the reasons behind it, e.g support/resistance, chart patterns, divergence. I think it could help newbies like myself.

Also, thanks for starting this thread LW. I'm positive it's going to be a great help for everyone.
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