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Monitor for 'Trading Made Simple' system 565 replies

Trading Made Simple the right way, and other trading lessons 334 replies

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Trading Made Simple

  • #70,941
  • Aug 25, 2016 9:12pm Aug 25, 2016 9:12pm
Quoting emmanuel7788
{quote} Hi, My observation as follows: UCad made a strong bullish move last Friday and that continued with follow through on Monday this week. After that, the market had not made any sign of higher high,higher low or lower high,lower low. It is holding at 1.2900 with the last 2 days small candles and small APB bodies, that is a signal of change any time. The MN candle shows sideways. The W1 show sideways ranging and more to the bullish side with a range about 480pips in a rising channel. we have to see what happens today and over this weekend with...
Thanks Emmanuel. Starting to build some confidence from this week
Trade your belief, trade like Emmanuel
  • #70,942
  • Aug 25, 2016 10:56pm Aug 25, 2016 10:56pm
Quoting muyir
{quote} Thanks Emmanuel. Starting to build some confidence from this week

Hi,

Its very good to hear that your confidence in trading TMS is growing.
You need to have the right kind of experience not just any type experience.
The right type of experience which help you develop good trading habits are more important.
While some other types of experience can cause you to develop bad habits in trading which can cause more damage.
Bad habits are every difficult to get rid off while good habits take more time to cultivate.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #70,943
  • Aug 25, 2016 11:13pm Aug 25, 2016 11:13pm
Quoting firsttimer
Em, Do u use moving average in your charts? Besides the 10ema and 5ema? Thanks. I am not sure whether to use 200ema / 100ema / 50ema. or use sma as additonal indicators.

Hi FT,

You need to know what those moving averages are used for in defining your trading rules.

Big E used the 5EMA, Typical Price, Shift+3 to see the direction of the Price Action using the APB candles. The setup candle is the one which closes above the 5EMA for buy setup, and the opposite for sell when the APB close below the 5EMA. These are reversal setups must be confirmed with the TDI cross. There is an exception for the buy / sell setup. I hope by now you know what the exception is.

I use the 10EMA Close price in my Big Picture Planning or what some call it top down analysis. I look at the Price Action with reference to the 10EMA on Monthly, Weekly and Daily charts timeframe.

You need to understand what is the "Power of the 10EMA".
The power of 10EMA Post#8,528 by FF member named tango-1

You can use any other moving averages in defining your own trading rules. It does not really matter if your use 50/100/200 EMAs or 50/100/200SMAs. What is important is to decide on which one and then use them consistently in defining your trading rules which will then be your own trading system.
This attachment may help you learn more.
High Probability Trading using Moving Average: Post#42,728

Remember, there is no holy grail trading system. Your winning edge depends on many factors, one of which is you being the trader. The trading methodology is much less than 10% on your winning edge.
TMS 5-Method is a winning trading method. You can trade this in all timeframes. Read all my posts here in FF, it is 5 years since and I have not deviated from this 5-Method and I can continue to trade this method for the next 5 years.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #70,944
  • Aug 25, 2016 11:20pm Aug 25, 2016 11:20pm
Quoting emmanuel7788
{quote} Hi FT, You need to know what those moving averages are used for in defining your trading rules. Big E used the 5EMA, Typical Price, Shift+3 to see the direction of the Price Action using the APB candles. The setup candle is the one which closes above the 5EMA for buy setup, and the opposite for sell when the APB close below the 5EMA. These are reversal setups must be confirmed with the TDI cross. There is an exception for the buy / sell setup. I hope by now you know what the exception is. I use the 10EMA Close price in my Big Picture Planning...
Hi Em,

many thanks for the fast response and constant sharing.

1 more qn: the HA candles only serve to visualize the trend am i right, the actual PA: candle analysis (IB / OB etc) is based on the actual candlesticks?
  • #70,945
  • Aug 25, 2016 11:30pm Aug 25, 2016 11:30pm
want to advice emu
i wait nexz week bye euraud day confim bye..............................
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  • #70,946
  • Aug 25, 2016 11:47pm Aug 25, 2016 11:47pm
Quoting firsttimer
{quote} Hi Em, many thanks for the fast response and constant sharing. 1 more qn: the HA candles only serve to visualize the trend am i right, the actual PA: candle analysis (IB / OB etc) is based on the actual candlesticks?
Hi FT,

There are a lot of online resources on the Heiken Ashi HA.
here is an old post I share 2 pdfs which you may want to read them.

HeikenAshi study : Post#18,483

All my discussions/sharing on Price Action is based on the real price Bar patterns or you can use the Japanese Candlestick patterns. When Big E talked about PA of the APB, he actually learned that from the Synergy trading model. You will find some of the Synergy tutorial videos online. There are some unique features of the APB candle which can help us simply the way we look at the price. You will read about these in the pdf attached in this post...http://www.forexfactory.com/showthre...94#post8954694

Japanese Candlesticks vs Synergy APB vs HeikenAshi Post# 3304 Post# 56,193
Note:

1) The APB Open and the HA Open are the same.

2) The APB Close is not the same as the HA Close. Why?

HA Close is = OHLC/4
APB Close is = {OHLC/4 + C}/2

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #70,947
  • Aug 26, 2016 12:08am Aug 26, 2016 12:08am
Quoting saranga
want to advice emu i wait nexz week bye euraud day confim bye.............................. {image}
Hi,

looking at the Day chart now, yesterday was a Day Inside Bar. Today you can take very short term trades - either buy or sell with small targets no more than 50pips.

otherwise, wait for this Week to close and update the Big Picture during this weekend.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #70,948
  • Aug 26, 2016 12:18am Aug 26, 2016 12:18am
[code]Hi,

looking at the Day chart now, yesterday was a Day Inside Bar. Today you can take very short term trades - either buy or sell with small targets no more than 50pips.

otherwise, wait for this Week to close and update the Big Picture during this weekend.

regards,[/code
thank for u. i am not entry shot sell i am wait nexz week take day bye confim signal.i thing day trand now now powerpull.................
  • #70,949
  • Aug 26, 2016 1:30am Aug 26, 2016 1:30am
NOW EURUSD H4 BUY
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  • #70,950
  • Aug 26, 2016 1:33am Aug 26, 2016 1:33am
Quoting emmanuel7788
{quote} why sorry? I meant well and you have shown consistency in your approach which show in the profitable trades. you are trading well as I see what you write on your charts. I hope newbies will study your charts and take away the good points.
I did not understand. Sorry. Good morning teacher and good morning to all of you traders....
  • #70,951
  • Aug 26, 2016 1:38am Aug 26, 2016 1:38am
Quoting revill
Hey Orestbufalo can you maybe share your Template and Indicators and explain your screenshots more detailed. thx a lot guys for your work here!
soon I share the template that I use and indicators to be loaded. Instead, for the explanations I think that everything is quite clear on the charts with the written. In addition that I use the rules of the topic treated method....

Good Morning Friend
  • #70,952
  • Aug 26, 2016 2:05am Aug 26, 2016 2:05am

  1. http://assets.forexfactory.net/nfs/c...ar455391_1.gif orestebufalo

​can u share this indi friends?

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  • #70,953
  • Aug 26, 2016 2:05am Aug 26, 2016 2:05am
Quoting lisat
{quote}I might be wrong but I think it is only the original thread starter that can add to the first post and as eelfranz passed away a few years ago that would not be possible.
Hi Lisat,

I am also now aware of the same. Maybe if there is any other alternative to have the indicators posted on the first page it would help the new comers and also save a lot of trouble for others especially Emmanuel7788 to be pointing out the indicators to each and every new comer. That was the main reason and intention for me to suggest of posting the indicators or the links to the indicators in the first page. Maybe some body would be able to offer a suitable solution to have this sorted out once for all.

Regards
  • #70,954
  • Aug 26, 2016 2:14am Aug 26, 2016 2:14am
Gbpusd h4 target +30 pips. I hope
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  • #70,955
  • Aug 26, 2016 3:03am Aug 26, 2016 3:03am
Quoting saranga
{image} orestebufalo ​can u share this indi friends? {image}
HI
Attached File(s)
File Type: ex4 TMS_Angleator Stripped.ex4   27 KB | 400 downloads
File Type: mq4 TMS_Angleator Stripped.mq4   18 KB | 464 downloads
  • #70,956
  • Aug 26, 2016 3:16am Aug 26, 2016 3:16am
orestebufalo
thank for u share but it's not work i am paste 3 bloker not working
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  • #70,957
  • Aug 26, 2016 3:21am Aug 26, 2016 3:21am
Quoting saranga
orestebufalo thank for u share but it's not work i am paste 3 bloker not working {image}
You need to make sure you have the right TDI in your indicator folder that it is calling for, look in inputs of the indicator and check which one it is calling. Go to this thread for any help on it: http://www.forexfactory.com/showthread.php?t=518993
Success means going from failure to failure without loss of enthusiasm
  • #70,958
  • Aug 26, 2016 6:01am Aug 26, 2016 6:01am
Horrible day for intraday trading.
I have not seen such a horrible looking LO candle engulfed by the FO candle and such quiet morning London session for quite a while.

Attached Image (click to enlarge)
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better close shop for the week and enjoy the rest of the Friday evening.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #70,959
  • Aug 26, 2016 6:08am Aug 26, 2016 6:08am
Quoting saranga
orestebufalo thank for u share but it's not work i am paste 3 bloker not working {image}

Don't spend too much time on these sort of things. They wont help you and will not make you a profitable TMS trader.
Rather you spend your time reading all of Big E posts and study his training charts for he next few months.
Then setup your charts and start posting your charts and ask questions.
Keep your charts to the very basic 5-Method template - just the APB and the TDI.
Learn and master the basics first and start live trading with a demo account.
Treat your demo account like a real account with a trading capital of at least one year of your annual salary. You will get a feel of how your money will work for you.
Small trading account wont help you feel the same emotions and will not help you develop the mental fitness to trade a real account.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #70,960
  • Aug 26, 2016 6:10am Aug 26, 2016 6:10am
lisat
thank mate
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