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Trading Made Simple

  • #71,361
  • Sep 20, 2016 6:59pm Sep 20, 2016 6:59pm
Quoting Incanus
{quote} Hello Emmanuel, where can i find more information about ME/ME? did a forum search with no results. Can you point me in the right direction? Thanks a lot. Best regards!

Hi,

You can start by reading these posts to know a bit of the history and how ME/ME started.

Our OP eelfranz aka Big E on using multiple entries in the CHS thread
Post#2622 , Post#2629 , Post#2771 and Post#2912

Money Management Strategy for TMS: Post#48,008
Using Multiple-Lot Positions to Improve trading TMS: Post#33,507

Entry and Exits: Post#24,918 Post#18,422 Post#19,617
Multiple Entries / Multiple Exits for Day chart trading: Post#58,726

How to Build a Position: Post#19,588

If you use the forum search using keyword "multiple entries" search , there are some 300 posts to read.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #71,362
  • Sep 20, 2016 7:04pm Sep 20, 2016 7:04pm
Quoting ItaTrader93
Hello Guys, I'm looking for the TDI real time, which do not repaint as the market moves on. I downloaded a TDI RT from a post of Emmanuel's ones but it's not working very well, it continues to repaint. There is someone who can post the right version?

the TDI_RT which I posted here does not repaint the history bars.

you may have got the re-painting meaning wrong.

realtime painting is what all standard platform indicators (RSI,MACD,Stohastics, CCI, etc. )do.

therefore you must wait for the price bar or candle to close and confirm the TDI.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #71,363
  • Sep 20, 2016 8:41pm Sep 20, 2016 8:41pm
GBPAUD Week 38 sep 21 Tokyo H4 GMT0100:

H4 price action at BRN 1.7200. Market tends to be attracted to '00' like magnet.

<quote>

Sometimes I add the 100 lines to my chart because they draw PA like a magnet and it makes it easy for me to see where PA is going to go most of the time.

http://www.forexfactory.com/showthre...90#post4765390
<unquote>

Nothing to suggest that TMS traders start buying yet. We wait for a TMS setup candle.

Weekly and Daily are both bearish.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUD Week 38 D1 chart selling.png Size: 77 KB


Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUD Week 38 Sep 21 TOK H4.png Size: 91 KB


Priority is to preserve our trading capital and make our hard earned money work harder for us.
We buy when we see buyers.
We sell when we see sellers.

We trade what we see on our TMS charts.

" We do not trade the market. We trade our beliefs about the market." by Dr. Van Tharp.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #71,364
  • Sep 20, 2016 9:36pm Sep 20, 2016 9:36pm
Quoting emmanuel7788
{quote} Hi, You can start by reading these posts to know a bit of the history and how ME/ME started. Our OP eelfranz aka Big E on using multiple entries in the CHS thread Post#2622 , Post#2629 , Post#2771 and Post#2912 Money Management Strategy...
Thanks a lot Emmanuel, i will read this information.
Best regards!
  • #71,365
  • Sep 20, 2016 9:43pm Sep 20, 2016 9:43pm
Hi Emmanuel,

These days I think of one question about TP target for H4 trade. Let's use AUDUSD as example.

Let's say it is wide range sideway in previous week and weekly bias is long. ATR(W52) is 200. So target of new week is 60% * 200 = 120 pips.

Then we see the price in new week goes down first, then it comes back and a TMS long entry signal appears. However, there are 80 pips between entry point and the low of this week. As the target is 120 pips, there is only 40 pips room for TP. Is my understanding correct? Is it still a good entry considering the room?

muyir
Trade your belief, trade like Emmanuel
  • #71,366
  • Sep 20, 2016 10:17pm Sep 20, 2016 10:17pm
Quoting StarGazer2
{quote} Nice trading griffinssoul. Can I ask for a favor? I'm looking for the Angleator, I checked the paperclip but can't seem to find it. Is their anyway you can post it please thanks
Never mind about my last post GS I found it. I see you have a thread about it
The starting point of all achievement is desire.- Napoleon Hill
  • #71,367
  • Sep 21, 2016 12:38am Sep 21, 2016 12:38am
Quoting muyir
Hi Emmanuel, These days I think of one question about TP target for H4 trade. Let's use AUDUSD as example. Let's say it is wide range sideway in previous week and weekly bias is long. ATR(W52) is 200. So target of new week is 60% * 200 = 120 pips. Then we see the price in new week goes down first, then it comes back and a TMS long entry signal appears. However, there are 80 pips between entry point and the low of this week. As the target is 120 pips, there is only 40 pips room for TP. Is my understanding correct? Is it still a good entry considering...

AUDUSD Week 38 Sep 21 H4

since Monday Open which is also this Week's open rally to 40% of 52-weeks ATR(52).

now at RN 0.7550.

TDI shows it is sideways after that rally.

... looks like "hanging fruits about to fall when they are ripe" but we cannot tell if that will happen because we have FOMC today during NY session.

last week, we saw EURUSD same "hanging fruits" and they fell on Friday with stronger USD
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #71,368
  • Sep 21, 2016 1:02am Sep 21, 2016 1:02am
Sorry Emmanuel. My question is a little misleading. In fact I did not refer to real situation of AUDUSD. I just wanted to give an example and see what's the real TP room when we enter, if TP target is 40% or 60%. I should say this way.

Let's use ***USD as example.

Let's say it is wide range sideway in previous week and weekly bias is long. ATR(W52) is 200. So target of new week is 60% * 200 = 120 pips.

Then we see the price in new week goes down first, then it comes back and a TMS long entry signal appears. However, there are 80 pips between entry point and the low of this week. As the target is 120 pips, there is only 40 pips room for TP. Is my understanding correct? Is it still a good entry considering the room?
Trade your belief, trade like Emmanuel
  • #71,369
  • Sep 21, 2016 6:31am Sep 21, 2016 6:31am
Quoting catalin_eros
{quote} Hey, GS! I've never used your angleator before, but I might give it a try. What I want to know is if it works if I change the TDI RT settings to match the TDI Pro settings. Thanks in advance! P.S.: Awesome pip mayhem on recent trades! {quote} Hey, Emm! Thanks for the answer! I have another question for you: when the 0,5 ADR or 0,25 ADR retracement level is reached, and then you look for the cross on M15 or H1, do you enter if the cross is not with the 12-2/4-6 angle? P.S. I have already closed two MEME positions on GU when 50 pips...
hey catalin_eros - yes ..... Boni has all the faster set'ns done 4 RT & Clone [just go2 my journal] ...... GL buddy
  • #71,370
  • Sep 21, 2016 8:12am Sep 21, 2016 8:12am
Quoting emmanuel7788
GBPAUD Week 38 sep 21 Tokyo H4 GMT0100: H4 price action at BRN 1.7200. Market tends to be attracted to '00' like magnet. <quote> Sometimes I add the 100 lines to my chart because they draw PA like a magnet and it makes it easy for me to see where PA is going to go most of the time. http://www.forexfactory.com/showthre...90#post4765390 <unquote> Nothing to suggest that TMS traders start buying yet. We wait for a TMS setup candle. Weekly and Daily are both bearish. {image} {image} Priority is to preserve our trading capital and...
Hi Em,

Fast question:
if h4 shows tms setup, but d1 and w1 is still bearish, isit okay to buy based on h4 because the longer tf usually lags a little compared to slower tf.

As long as follow PA is safe?
  • #71,371
  • Sep 21, 2016 8:43am Sep 21, 2016 8:43am
Market participants feeling very uncertain, this is why traders and investors are buying gold and jpy... take care in markets and don't take unnecessary risks in fomc today..

Green pips to all
It's in fear when people show what they truly value.
  • #71,372
  • Sep 21, 2016 8:54am Sep 21, 2016 8:54am
Hi, Emm!

I shorted EJ with MEME, and I closed all positions now, because EUR will move during the FOMC, since most traders will trade the EU.

Attached Image (click to enlarge)
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On GU I only had one position, since I did not get the desired retracement , nor the break of the first 50 pips target. If the USD is strong after FOMC, I'll be looking again for shorts.

I am not sure how to manage it, since there was no retrace, and I did not get the break of the level to re-enter. I'd appreciate it if you could take a look at the picture and provide an answer.

Thanks in advance!

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 53 KB
  • #71,373
  • Sep 21, 2016 9:03am Sep 21, 2016 9:03am
Quoting griffinssoul
{quote} hey catalin_eros - yes ..... Boni has all the faster set'ns done 4 RT & Clone [just go2 my journal] ...... GL buddy
Thanks for the reply, GS!
  • #71,374
  • Sep 21, 2016 10:04am Sep 21, 2016 10:04am
....thats all 4 now - after FOMC ........ remember wat Big E said 4 big red news
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  • #71,375
  • Sep 21, 2016 10:10am Sep 21, 2016 10:10am
Quote
..thats all 4 now - after FOMC ........ remember wat Big E said 4 big red news
hi mate can u help me how to use thi's s.shot mark my english bad dr pls tell me
Attached Image (click to enlarge)
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  • #71,376
  • Sep 21, 2016 10:17am Sep 21, 2016 10:17am
Quoting griffinssoul
....thats all 4 now - after FOMC ........ remember wat Big E said 4 big red news {image}
Just brilliant....
Winners Never Quit, Quitters Never Win
  • #71,377
  • Sep 21, 2016 6:16pm Sep 21, 2016 6:16pm
Quoting firsttimer
{quote} Hi Em, Fast question: if h4 shows tms setup, but d1 and w1 is still bearish, isit okay to buy based on h4 because the longer tf usually lags a little compared to slower tf. As long as follow PA is safe?
Hi,

when you trade the 4H swing, it is not safe to trade against the D1 and W1.

also it is not true that the higher TF lags the lower TF.

some traders believe the reversal starts in the lowest TF, that is logical and we can only see reversals in hindsight.

we do not try to pick tops and bottoms when we trade TMS. We trade the reversal and the continuation.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #71,378
  • Sep 21, 2016 6:27pm Sep 21, 2016 6:27pm
Quoting catalin_eros
Hi, Emm! I shorted EJ with MEME, and I closed all positions now, because EUR will move during the FOMC, since most traders will trade the EU. {image} On GU I only had one position, since I did not get the desired retracement , nor the break of the first 50 pips target. If the USD is strong after FOMC, I'll be looking again for shorts. I am not sure how to manage it, since there was no retrace, and I did not get the break of the level to re-enter. I'd appreciate it if you could take a look at...

Hi,

I don't think you have fully understood what Position Building is and the Entry and Exit strategies how these combined can be applied when we trade with TMS 5-Method.

Not to worry because many traders are in this same situation because they are used to trade with single entry and single exit.

Take your time and dive deeper into the concepts.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #71,379
  • Sep 21, 2016 6:30pm Sep 21, 2016 6:30pm
Quoting ensale
Market participants feeling very uncertain, this is why traders and investors are buying gold and jpy... take care in markets and don't take unnecessary risks in fomc today.. Green pips to all

FOMC did not reverse the market.

Trade the higher H4 like Big E did, "know the short term trend and the long term trend" and follow the higher TF direction.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #71,380
  • Sep 21, 2016 8:16pm Sep 21, 2016 8:16pm
Quoting muyir
Sorry Emmanuel. My question is a little misleading. In fact I did not refer to real situation of AUDUSD. I just wanted to give an example and see what's the real TP room when we enter, if TP target is 40% or 60%. I should say this way. Let's use ***USD as example. Let's say it is wide range sideway in previous week and weekly bias is long. ATR(W52) is 200. So target of new week is 60% * 200 = 120 pips. Then we see the price in new week goes down first, then it comes back and a TMS long entry signal appears. However, there are 80 pips between entry...
Hi,

here AUDUSD update Sep 22.

FOMC did not reverse this pair, the direction was clear since Monday. Did FED keeping its rate disappoint? What about BoJ?

Now market reacts at RN 0.7650 also previous PPA. Try to manage until it reaches 100% of the 52-weeks ATR measure from Monday' Low, which is very close to its Open. It can be this week' exhaustion at 100%ATR(52)W1. However, if we see buyer chasing this pair higher today and tomorrow, it can reach 120%ATR(52)W1.

there is nothing that suggest it will reverse any time soon. we look at D1 chart for the TMS 'reversal'. It take minimum 2 candles to see a bearish reversal setup.
If we look at H1, M30 and any TF charts below H1, its all market noise and we do not want to trade the market noise. We dot no guess the market reversal.
Use the BN levels and look at previous price action PPA for any potential reversal to trade. Do Not lock up your trading capital in floating lossess/drawdown until the market actually reverses.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Week 38 Sep 22 TOK.png Size: 104 KB


Trade Well means we must be discipline in managing our trades well and according to our exit strategy.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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