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Trading Made Simple

  • #71,201
  • Sep 9, 2016 1:21pm Sep 9, 2016 1:21pm
hi
i am new here. i have read first 8 pages and last 4 or 5 pages.will someone please give the latest ver. of this indicator and the latest short summary how and when to use it.
thanks.
i hope some one answer me soon
  • #71,202
  • Sep 9, 2016 1:27pm Sep 9, 2016 1:27pm
Quoting jelloooo1
hi i am new here. i have read first 8 pages and last 4 or 5 pages.will someone please give the latest ver. of this indicator and the latest short summary how and when to use it. thanks. i hope some one answer me soon
"i hope some one answer me soon"

That's really not the way of asking for a favor

check this post on where to start, its 4 pages back so you probably havent read last 4 or 5 pages as well
  • #71,203
  • Sep 9, 2016 1:35pm Sep 9, 2016 1:35pm
Quoting itschub
I read around the first 500 pages before i became a member. Now looking to get involved! Not a total newbie as i have been studying the markets for the last 5 months but in the grand scheme of things i have only just scratched the surface. Looking forward to a big journey!

I wish you luck! this is a good place to start with...
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #71,204
  • Edited 8:36pm Sep 9, 2016 1:49pm | Edited 8:36pm
Just sharing this indicator...

If you have questions about this indicator, just PM me directly

Pip Settings:

The Pip value is calculated based on total number of Lots. Thus, if you have Multiple Order Entry, it will show the total number of Pips based on total number of Lots.

Pip Low & Max Value alarm is disabled by default. You can enable it, and then enter your desired Low & Max Value Pip with assigned sound file or you can update with your own sound file. Additionally, you can try to enable the Push and Email Notification Alert (not fully tested - disabled by default).

I use this indicator whenever I tried to adjust my SL to break-even, just like what Big E. noted---"I prefer 1 & 4 hour charts. When the trade is up 10-15+ pips above break even... I move the S/l up to break even + the spread so if it drops I don't lose any pips"
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 42 KB
Attached File(s)
File Type: ex4 PipShow.ex4   16 KB | 419 downloads
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #71,205
  • Sep 9, 2016 4:32pm Sep 9, 2016 4:32pm
Has anyone tried hedging instead of sl to filter out fake breakouts and fast movements with this strategy? I think it may work very well.
  • #71,206
  • Sep 9, 2016 6:33pm Sep 9, 2016 6:33pm
Quoting Abade
Has anyone tried hedging instead of sl to filter out fake breakouts and fast movements with this strategy? I think it may work very well.

I use hedging sometimes but I now have decided to scrape this method. In theory, hedging sounds like a good ideal but in practice the PA often moves back in the direction of your first position. So now you are still losing pips. So now you open another trade and guess what, your wrong again. What I noticed the most is that you almost get obsessed with your hedges that all other signals for other pairs go unattended until you try to Make these trades profitable. An example is six months ago I traded a signal on Aususd and took a short position about 50K. When it zoomed up, I took out a long of 50K. In the end I had around 5 trades long and 5 trades short at the same time and it was a bloody mess, although by broker didn't seem to care. It's better to accept you made a wrong call and move on with a small loss.
Trading thin liquidity at the boundary of the charts
  • #71,207
  • Sep 9, 2016 11:45pm Sep 9, 2016 11:45pm
Quoting marionetka
{quote} Hi StarGazer. I have mistake. You need other TDI, which don't repaint lines. Instead of Post:#14, you need Post:#17848. regards
The starting point of all achievement is desire.- Napoleon Hill
  • #71,208
  • Sep 10, 2016 1:09am Sep 10, 2016 1:09am
Quoting Dimi.A
{quote} {quote} Anytime fellas. Have a good weekend
Hey Dimi - if u have the time could u plz man post some trades - ur trading is off the planet cosmonaut style dude ....... i gave the Big E scalp'n a go this week [lined up wit my H4 swing/position trades] - but no were near as good like u

have a gr8 weekend
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Attached Image
  • #71,209
  • Sep 10, 2016 2:43am Sep 10, 2016 2:43am
Quoting lisat
{quote}Could I ask why you have changed your mind about pivots in your earlier posts a couple of years ago you were always talking about them - I have studied all of your posts - but now you do not seem to care for them. I ask because I could not manage without pivots on my charts but you seem to have taken yours off.

Hi Lisa,

which pivot do you use - Standard, Woodie, Camarilla or Fibonacci?

Daily or Weekly? or both?

I have a very long story with Pivots going back to 1980s trading the stock market. I will write and post later what a small group of active TMS traders did in 2013 and why we dropped the use of Pivots in TMS-II development.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #71,210
  • Sep 10, 2016 9:28am Sep 10, 2016 9:28am
Quoting emmanuel7788
{quote} {image} Hi streetcry, You identified the previous price swing and used that for support and resistance zone. This is good. To look for high probability trade setups, we look for setups around CONFLUENCE of various support and resistance. You can use the BN Levels (post#23,389) to help you see those key price levels 00, 50. Also in that post#22,389 are two Prev D and Prev W Fibos, you can also use these as support and resistance. For H1 intraday trading, use the...

hi emmanuel, thanks for your sharing
can you post all your five common H1 setup for intraday trading?
thanks
maurizio
  • #71,211
  • Sep 10, 2016 11:48am Sep 10, 2016 11:48am
Hi people,

2 years ago I used to comment here because I wanted to learn about TMS method... but it didn't work well to me for my own fault. Actually I have some safe money and wanted to make it right... can some please tell me the current indicators of TMS and if it is working as well as 2 years ago? or better I hope blesses and have a great weekend, thanks

PD: I remember emmanuel... he helped me a lot to understand TMS ... he's still here
  • #71,212
  • Sep 10, 2016 12:04pm Sep 10, 2016 12:04pm
hi Guys i am totaly new and want to learn from you .
  • #71,213
  • Sep 10, 2016 7:43pm Sep 10, 2016 7:43pm
Quoting emmanuel7788
{quote} Hi Lisa, which pivot do you use - Standard, Woodie, Camarilla or Fibonacci? Daily or Weekly? or both? I have a very long story with Pivots going back to 1980s trading the stock market. I will write and post later what a small group of active TMS traders did in 2013 and why we dropped the use of Pivots in TMS-II development. regards,
Thank you so much Emmanuel that would be great. Its very much appreciated. I use Fibonacci weekly pivots the same as Likica and Davit use.
Success means going from failure to failure without loss of enthusiasm
  • #71,214
  • Sep 10, 2016 8:36pm Sep 10, 2016 8:36pm
Quoting AlexoBrawler
Hi people, 2 years ago I used to comment here because I wanted to learn about TMS method... but it didn't work well to me for my own fault. Actually I have some safe money and wanted to make it right... can some please tell me the current indicators of TMS and if it is working as well as 2 years ago? or better I hope blesses and have a great weekend, thanks PD: I remember emmanuel... he helped me a lot to understand TMS ... he's still here
Go here to get up to date
http://www.forexfactory.com/showthre...40#post9123840
The starting point of all achievement is desire.- Napoleon Hill
  • #71,215
  • Sep 10, 2016 10:16pm Sep 10, 2016 10:16pm
Quoting StarGazer2
Go here to get up to date http://www.forexfactory.com/showthre...40#post9123840

Thank you SG, I will read it
  • #71,216
  • Sep 10, 2016 11:07pm Sep 10, 2016 11:07pm
Quoting mauroby
{quote} hi emmanuel, thanks for your sharing can you post all your five common H1 setup for intraday trading? thanks maurizio

Hi Maurizio,

In Post#48,770 is a pdf H1 Trading for 2015.

I will have make a new update pdf as a new one for 2017 trading plan.
Note in that pdf, the Standard Daily Pivot is used for H1 trading. Take note of your broker Sydney Open and Tokyo Open hour.
But Make sure you also use the BN levels set to show the 00,25, 50 and 75 levels on your trading charts.
Look for PA setups at those BN levels which has CONFLUENCE with the Daily Pivots S1,S2,S3 and R1, R2, R3.
Pay attention to the ADR pips range.

To be able to trade H1, you need to learn some basic and common Price Action at Support & Resistance aka PASR trading technique and add these to your TMS 5-Method.
X-man is the expert in trading TMS H1 where he taught many of us "price action is king".
X-man uses the TDI-RT (the realtrime version which does not repaint like the TDI Red Green)
But our OP Big E trade TMS H4 differently where he used the TDI Red Green for his trade entry and exit. But before he take any TDI trade, he also checked the PA and Supp/Res and several other conditions (read his Post#647).

Indicators:
BN Levels : Post#22,389 (also read post#49,341)
BN levels or Pivots Post#68,719 which do you prefer?
Prev D Fibo Post#22,389
Prev W Fibo Post#22,389
Day Open Line post#43,380

Trade Well.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #71,217
  • Sep 11, 2016 2:34am Sep 11, 2016 2:34am
HI Emmanuel,

Looked at 2 NU H4 chart you pasted in previous page. Interested to see the TDI is slightly different from each other, noticing the 2 cirles I put in both charts. For eg, from the first circle point to the highest, it is the lowest in one chart, while it is not in another chart.

muyir
Attached Image(s) (click to enlarge)
Click to Enlarge Name: NZDUSD Week 36 4H swing trades closed.png Size: 64 KB
Click to Enlarge Name: NZDUSD Wek 36 ended Double Tops.png Size: 82 KB
Trade your belief, trade like Emmanuel
  • #71,218
  • Sep 11, 2016 4:27am Sep 11, 2016 4:27am
Quoting muyir
HI Emmanuel, Looked at 2 NU H4 chart you pasted in previous page. Interested to see the TDI is slightly different from each other, noticing the 2 cirles I put in both charts. For eg, from the first circle point to the highest, it is the lowest in one chart, while it is not in another chart. muyir {image} {image}
they are 2 different TDI settings, both are the same realtime version:

Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSD different TDI settings.png Size: 57 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #71,219
  • Sep 11, 2016 4:55am Sep 11, 2016 4:55am
Quoting emmanuel7788
{quote} they are 2 different TDI settings, both are the same realtime version: {image}
So far by my experience, the one on the left is much smoother (10, 5, 34, 3, 1, 7, 0) and much better to read. The other on the right (13, 0, 34, 2, 0, 7, 0) seems to be having an aggressive signals that might lead you to false confluence, especially if you are new using the TDI indicator, thus, believe that this one is for more experience (clocking thousands of chart hours) and aggressive trader.
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #71,220
  • Sep 11, 2016 5:09am Sep 11, 2016 5:09am
Quoting v2vboni
{quote} So far by my experience, the one on the left is much smoother (10, 5, 34, 3, 1, 7, 0) and much better to read. The other on the right (13, 0, 34, 2, 0, 7, 0) seems to be having an aggressive signals that might lead you to false confluence, especially if you are new using the TDI indicator, thus, believe that this one is for more experience (clocking thousands of chart hours) and aggressive trader.

very simple,

different TDI versions, different settings ... you must write your own trading rules, different rules for entries and exits.

there is one thing which is the same and common, i.e. the Price Action and the Support and Resistance PASR are the same on the charts.

therefore when you trade with PASR you are leading the TDI.

this is what Post#647 is about.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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