Trading Made Simple | Page 3564 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Monitor for 'Trading Made Simple' system 565 replies

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

Indicators for the 'Trading Made Simple' system 343 replies

MTF Indicators for the 'Trading Made Simple' system 241 replies

Trading Made Simple system follower - Thanks to eelfranz 9 replies

Attachments: Trading Made Simple
Exit Attachments

Trading Made Simple

  • #71,261
  • Sep 13, 2016 6:34pm Sep 13, 2016 6:34pm
Quoting gditmf9
{quote} Another one! {image}
gditmf9, he entered the second candle before the red line. At that time the green TDI was sloping greater than the candle before. I think he put the white lines on to say you had plenty of opportunities to get in and out at the same price he did.

In regards to the first trade, I don't have an answer. I am looking at Phx62's 1H trades in this same thread and a few of them he does the same.
  • #71,262
  • Sep 13, 2016 8:01pm Sep 13, 2016 8:01pm
Quoting gditmf9
{quote} Another one! {image}
Look carefully at the real price bars and the APB candles.
What PA do you see?

Those trainjng charts he posted were refreshed...hence that TDI Red Green repainted the past number of bars.
TheTDI is based on real price. So look at the price bars for its action.

To learn the TDI behaviour, use the MT4 strategy tester to run the two versions of TDI on the same tester template.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #71,263
  • Edited 12:45am Sep 14, 2016 12:23am | Edited 12:45am
Quoting gditmf9
{quote} Hello everybody! I'm in the reading of all Big E's posts and something don't add up. In post 1060 he says that he entered on a bounce (on candle #1) but clearly the TDI could not have been indicating a bounce at the time candle #1 opened. The TDI shows a bounce now that candle#1 closed much higher which makes the TDI go higher, hence shows a bounce, I wonder how he knew it was a bounce? {image}
Using TDI RedGreen, his entry was the red APB candle before that vertical red line. That APB was blue when it open but turn red when close.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #71,264
  • Sep 14, 2016 1:53am Sep 14, 2016 1:53am
AUDUSD and EURAUD ... H4 charts
Both pairs show 2 times corrections moves. Also Divergence between PA and TDI.
Risky to sell with weak AUD. Better look for bearish chart patterns ... like head and shoulders, double tops, triple tops, etc. If you want to sell EURAUD. Opposite for AUDUSD.
Careful during London market session like everyday when we trade the commodity currencies AUD,NZD, CAD.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #71,265
  • Edited 2:54am Sep 14, 2016 2:24am | Edited 2:54am
Quoting hsn100
{quote} Thanx a lot GF, u're absolutely right it was 28 however, closed it manually at 22 when i saw the candle is pulling back (normally i do that, better to save pips, than to hit SL). Regards. {image}
same here buddy [when im scalp'n] ...... never mind if u get small loss ..... i just hammer the shirt out of it - get what given & run

Quote
a small loss... we get them every here and there... everyone does no matter their method. Eelfranz (Grand Master)
  • #71,266
  • Sep 14, 2016 2:30am Sep 14, 2016 2:30am
Quoting hsn100
GU H4 trade. Earlier lost 45pips, but now recovered the loss. {image}
good 4 u hsn100 ...... thats the cool ting about Big E's money management/risk management - u r freed up 4 the next trade ............ i was hammering away on GU yesterday - it was mega super cool but i took a hit & stopped - cant win'em all & prob shouldnt try [when the market rings the bell listen 2 it ]
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 35 KB
Attached Image
  • #71,267
  • Sep 14, 2016 2:35am Sep 14, 2016 2:35am
Quoting AlexoBrawler
{quote} Can you tell me what indicator is that? in the bottom right corner
hey AlexoBrawler - this is called the Angleator http://www.forexfactory.com/showthread.php?t=518993 it is a 'information indi' not a 'trigger indi' ....... u can tink of it as extension 2 TDI [u cannot use it on its own]

ex - TDI is a 'trigger indi' cause u use as trade execution ....... NEWS Calendar is 'information indi' cause it not execute trade only 4 info
  • #71,268
  • Sep 14, 2016 2:38am Sep 14, 2016 2:38am
Quoting griffinssoul
{quote} hey AlexoBrawler - this is called the Angleator http://www.forexfactory.com/showthread.php?t=518993 it is a 'information indi' not a 'trigger indi' ....... u can tink of it as extension 2 TDI [u cannot use it on its own]
oh ok, thank you
  • #71,269
  • Sep 14, 2016 2:41am Sep 14, 2016 2:41am
Quoting AlexoBrawler
{quote} oh ok, thank you
v2vboni has made very new version - super cool ..... i am still using old - still test'n .....
  • #71,270
  • Sep 14, 2016 3:12am Sep 14, 2016 3:12am
Quoting jibull
{quote} Hi, can you tell me where i can find the indicator for this dashboard. Thanks

Hi,

Two of best trading tools for TMS has been around for years, tested and proven to work. Done by professional coders in this serious business.

Links below:

TMS Monitor Post 70,694.

Pipware charts by Stratmann Post70,998.

Sorry folks, no charts for few days as I am traveling. In Singapore now and looking out of my hotel wndow, it rained around the F1 circuit earlier. Tracks are wet now. But weather will be good for practice runs tomorrow and Friday...says the weather man. Lots of fun here for few nights... best night race on earth.

Good trading to all you TMS 5-Method lovers.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #71,271
  • Sep 14, 2016 3:35am Sep 14, 2016 3:35am
Enjoy!! You deserve any break you take!



Quoting emmanuel7788
{quote} Hi, Two of best trading tools for TMS has been around for years, tested and proven to work. Done by professional coders in this serious business. Links below: TMS Monitor Post 70,694. Pipware charts by Stratmann Post70,998. Sorry folks, no charts for few days as I am traveling. In Singapore now and looking out of my hotel wndow, it rained around the F1 circuit earlier. Tracks are wet now. But weather will be good for practice runs tomorrow and Friday...says the weather man. Lots of fun here for few nights... best night race on earth. Good...
  • #71,272
  • Sep 14, 2016 5:12am Sep 14, 2016 5:12am
Quoting emmanuel7788
{quote} Hi, Two of best trading tools for TMS has been around for years, tested and proven to work. Done by professional coders in this serious business. Links below: TMS Monitor Post 70,694. Pipware charts by Stratmann Post70,998. Sorry folks, no charts for few days as I am traveling. In Singapore now and looking out of my hotel wndow, it rained around the F1 circuit earlier. Tracks are wet now. But weather will be good for practice runs tomorrow and Friday...says the weather man. Lots of fun here for few nights... best night race on earth. Good...
I wish you a good weekend. The race must be very interesting.
There is no reason to trade if there is no reason to trade.
  • #71,273
  • Sep 14, 2016 7:39am Sep 14, 2016 7:39am
Quoting emmanuel7788
{quote} Hi, Two of best trading tools for TMS has been around for years, tested and proven to work. Done by professional coders in this serious business. Links below: TMS Monitor Post 70,694. Pipware charts by Stratmann Post70,998. Sorry folks, no charts for few days as I am traveling. In Singapore now and looking out of my hotel wndow, it rained around the F1 circuit earlier. Tracks are wet now. But weather will be good for practice runs tomorrow and Friday...says the weather man. Lots of fun here for few nights... best night race on earth. Good...
Enjoy traveling, good luck, best wishes
  • #71,274
  • Sep 14, 2016 8:51am Sep 14, 2016 8:51am
USDCAD week 37 Sep 14.

There is no high probability selling usdcad at1.3150... CAD is weak like AUD NZD.
USDCAD has not seen sellers yet. Better to wait till we see sellers, look at D1 chart. Market dies not turn around.
Top priority is to preserve your trading capital. Make your hard earned money work for you. Floating losses / drawdown locks your capital which you can better use to trade the trend.
Trade smart. Do not trade like gamblers.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #71,275
  • Sep 14, 2016 9:09am Sep 14, 2016 9:09am
EA D-trade. So far up 53 pips, but watching it, let's see how far it goes....
Attached Image (click to enlarge)
Click to Enlarge Name: euraud-d1.png Size: 45 KB
Winners Never Quit, Quitters Never Win
  • #71,276
  • Sep 14, 2016 9:36am Sep 14, 2016 9:36am
Quoting hsn100
EA D-trade. So far up 53 pips, but watching it, let's see how far it goes.... {image}
ur taking superb trades hsn100 - congrats buddy ...... im going 4 the 100% ...... the wheels usually fall off when i try cause its such a psychological number
Attached Image
  • #71,277
  • Sep 14, 2016 11:09am Sep 14, 2016 11:09am
Quoting hsn100
EA D-trade. So far up 53 pips, but watching it, let's see how far it goes.... {image}
Can You Please Mention The Parameters For Moving Average Used In This Chart?
Regards
  • #71,278
  • Sep 14, 2016 12:53pm Sep 14, 2016 12:53pm
Quoting emmanuel7788
{quote} {image} Post#647 says we do not trade when market is in or near a consolidation area. This was exactly what GJ was in yesterday. As TMS 5-Method traders, we must learn to see when the market is in a consolidation range. We do not trade when market is in consolidation. We learn to wait patiently for the setup and the right TIMING for the market to move then we take action by following the Price Action and the TDI will confirm the Price Action. This is TMS fundamental rule we must know and follow with DISCIPLINE. Do Not buy until we see Buyers....

Hello Emma:

In your prev. post, you said "Learn to recover from drawdown in the shortest time possible. If you cannot recover your drawdown in shorter time than the duration of your suffered drawdown, you risk being in the 95% group of losers."

Would you kindly explain why do you emphasize "shortest time " and "shorter". Well, I mean who wouldn't LOVE to make a quick recovery from drawdown, BUT, is this something we can take control of?



Best regards,



Steven
  • #71,279
  • Sep 14, 2016 4:02pm Sep 14, 2016 4:02pm
Quoting emmanuel7788
{quote} Using TDI RedGreen, his entry was the red APB candle before that vertical red line. That APB was blue when it open but turn red when close.
Thanks cptOrlando and Emmanuel for your replies!

I'm just more confused though!! lol
I was already puzzled at how he could enter on the candle with the vertical line, now you are both saying he entered on the one before!!

Anyway, I tried both indicators on the strategy tester and can see how Big E's TDI does not update until next candle open, and if reloaded, then shows the same thing as the other one.

Thanks anyway and have fun at the races Emmanuel!
  • #71,280
  • Sep 14, 2016 5:25pm Sep 14, 2016 5:25pm
Hi everyone!

What do you think about those trades? Would you stay in? Lucky I'm on demo...
The vertical lines were my entries yesterday, at the begining of the Sydney session when they all looked like nice bounce trades...

Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 117 KB


Yesterday :
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPDaily.png Size: 45 KB

Attached Image (click to enlarge)
Click to Enlarge Name: GBPCHFDaily.png Size: 43 KB

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 44 KB
94 traders viewing now, 3 are registered:
Lloydnashe
,
rogantin
,
NovemberMan