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Trading Made Simple

  • #71,801
  • Oct 5, 2016 2:52am Oct 5, 2016 2:52am
Quoting catalin_eros
{quote} Hello, Emm! Would you mind sharing that indi which plots the gained/lost pips on your chart?
I think He is using Orders Indicator you can found it here
Newbie
  • #71,802
  • Oct 5, 2016 3:04am Oct 5, 2016 3:04am
Quoting nanacarter
{quote} What is "TOK_5Hour High"? Can you please elaborate on that for me, Thanks
Hi nanacarter,

TOK_5H is the high-low of the first 5 hours of the Tokyo market session.

See this old post34,848

http://www.forexfactory.com/showthre...82#post7385582

there is a pdf which explains how I trade the TOK_5H.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #71,803
  • Oct 5, 2016 3:06am Oct 5, 2016 3:06am
Quoting shad4u2
{quote} I think He is using Orders Indicator you can found it here

good one that plots your trades from your MT4 terminal account summary.

easy to use no cheating ...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #71,804
  • Oct 5, 2016 3:07am Oct 5, 2016 3:07am
Quoting catalin_eros
{quote} Hello, Emm! Would you mind sharing that indi which plots the gained/lost pips on your chart?
trade History Draw.
this one is a script not indicator.

download here:
https://www.mql5.com/en/code/7276
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #71,805
  • Oct 5, 2016 3:13am Oct 5, 2016 3:13am
"You do not trade the markets, you trade your beliefs about the markets." — Dr Van Tharp

I read this book Trading in the Zone by Mark Douglas many years ago when I was trading the stock market.

go back to my old post#29,976 and read chapters 9 and 10 about Beliefs.

http://www.forexfactory.com/showthre...38#post7242738
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #71,806
  • Oct 5, 2016 4:13am Oct 5, 2016 4:13am
Quoting emmanuel7788
{quote} Hi nanacarter, TOK_5H is the high-low of the first 5 hours of the Tokyo market session. See this old post34,848 http://www.forexfactory.com/showthre...82#post7385582 there is a pdf which explains how I trade the TOK_5H. regards,
 
What's ATR?
What's the concept behind ATR?
How does it determine my take profit and Stop loss?
If it's an indicator, kindly give me a link so that I download
Thanks
 
 
Everyday is a learn process.......... 
  • #71,807
  • Oct 5, 2016 4:29am Oct 5, 2016 4:29am
Quoting AlansGS777
It seems the storm has passed. From time to time someone comes here and criticize that regular posters are not trading the method as laid out by Eelfranz anymore. But I think each one must make this method fit his/her style and personality. Moreover, there are a lot of answers in Eelfranz posts. We all should read them again. Layout: Big E used the synergy method but then he switched it to fit his style and needs so he created the TMS-5 Method. {quote} I think if Dean Malone or anybody had told him, he should've traded the synergy method exactly...
I totally agree with you !
  • #71,808
  • Oct 5, 2016 5:04am Oct 5, 2016 5:04am
Quoting emmanuel7788
EURJPY Week 40 Oct 4 TMS ME/ME trading: Be warned! This is not core TMS Big E style because I cannot trade with risk of 15% to 30% of my account deposit like him. I risk 1% per ME/ME basket. Win Rate is 65%. Expectancy 2.3. Average 3.5 ME trades per basket / Position. There will be some losing trades, but few losing basket/Position. Current Market Type is sideways wide ranging. Disclaimer : I am not an expert trader. I did not claim to be one. I did not ask anyone to follow my trade. I cannot promise you that you will succeed in trading with TMS....

EURJPY Week 40 Oct 5 update.

I hope many of your caught the breakout I posted yesterday. we are all in the money..

With the current strong trend we should try manage for target BRN 116.00.
Do not worry that the TDI is above the 68-level. In trending market, oscillators like the RSI and Stochastics are not useful to help us to 'let profits run".
TMS traders, we do not sell yet until we see sellers. Remember this very basic trading rule. We do not assume the trend will end at any perceived price levels. We follow the buyers when market is bullish with the euros. When the current trend is about to end, we will know and i will update with another post. Our main trading task is to protect the downside of all our trades and we let the market decided the upside.
EJ has a weekly ATR(52) weeks of 293 pips. It not there yet.

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY Week 40 Oct 5 update.png Size: 75 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #71,809
  • Oct 5, 2016 5:08am Oct 5, 2016 5:08am
Quoting emmanuel7788
{quote} EURJPY Week 40 Oct 5 update. I hope many of your caught the breakout I posted yesterday. we are all in the money.. With the current strong trend we should try manage for target BRN 116.00. Do not worry that the TDI is above the 68-level. In trending market, oscillators like the RSI and Stochastics are not useful to help us to 'let profits run". TMS traders, we do not sell yet until we see sellers. Remember this very basic trading rule. We do not assume the trend will end at any perceived price levels. We follow the buyers when market is...
Hi emmanuel,


Where I can find the indicator pivots?
Thanks
  • #71,810
  • Oct 5, 2016 5:24am Oct 5, 2016 5:24am
Quoting AlansGS777
I hope these personal attacks stop, in the end we're all here for the same thing: to learn how to make money trading the FX market.
An excellent post Alan
  • #71,811
  • Oct 5, 2016 5:31am Oct 5, 2016 5:31am
For all of us who are guilty.

#8286
EVERY BODY OUT OF THE POOL!
If you want to add indicators... keep it to yourself and please don't post it here. You know the
rules... please trade it as laid out.
Trade it during the first 1-3hrs of any session on the 1hr chart and 4hr chart during the London
open.
Study old charts on winning trades. Learn to recognize them.
Watch your angles - 12-2, 4-6
  • #71,812
  • Oct 5, 2016 5:50am Oct 5, 2016 5:50am
Quoting emmanuel7788
had some fun yesterday trading the Aussie RBA Rate candle.{image}
emm you are a very bad boy. smack smack smack

Those trades you took is in "violation" of TMS rules.
Entered on the 4th bar. No cross close by extra extra. If I do something like that mamma forex is going to kick my butt big time.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Oct 4 350pips.png Size: 95 KB
  • #71,813
  • Oct 5, 2016 6:06am Oct 5, 2016 6:06am
Hello this is my first post here, and I have a question.

I looked Emmanuel and Tekkies TDI on the chart today, and it looks different from mine.
I read this thread and found the TDI setting few month ago, I cant find it where right now, but according to my memory
it was 10, typical price, 34, 5 exponential, 7, simple.
I donloaded TDI-RT-crone.
Is the setting correct?

Please give me advice,
Thank you
  • #71,814
  • Oct 5, 2016 6:10am Oct 5, 2016 6:10am
Quoting Tekkies
{quote} emm you are a very bad boy. smack smack smack Those trades you took is in "violation" of TMS rules. Entered on the 4th bar. No cross close by extra extra. If I do something like that mamma forex is going to kick my butt big time. {image}

sorry sir. I promise I don't do that again.

but I thought Big E, said look if price is in or near consolidation, so I don't trade candle 1,2 and 3. Then candle 3 is breakout of consolidation, so I enter on candle 4.
Big E also said, use the Yellow line if that give me more confidence so I did. TDI Green cross yellow when candles 3 close.
also when I count the candles, 4 H1 candles make 1 H4 candle, so I enter on H4 candle 1.
I am so confused now because X-Man taught me how to trade H1 TMS.

sorry again. I wont post again such kind of high risk trading. I must learn to take trading more serious.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #71,815
  • Oct 5, 2016 6:12am Oct 5, 2016 6:12am
Quoting Tekkies
For all of us who are guilty. #8286 EVERY BODY OUT OF THE POOL! If you want to add indicators... keep it to yourself and please don't post it here. You know the rules... please trade it as laid out. Trade it during the first 1-3hrs of any session on the 1hr chart and 4hr chart during the London open. Study old charts on winning trades. Learn to recognize them. Watch your angles - 12-2, 4-6

shit. I have to say sorry again here.

I promise no more extra indicator. I'll post only TMS template.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #71,816
  • Oct 5, 2016 6:20am Oct 5, 2016 6:20am
Quoting nanacarter
{quote}  What's ATR? What's the concept behind ATR? How does it determine my take profit and Stop loss? If it's an indicator, kindly give me a link so that I download Thanks   Everyday is a learn process..........Â
ATR= Average True Range

You will find the ATR as standard indicator in your trading platform.

Attached Image (click to enlarge)
Click to Enlarge Name: ATR example.png Size: 105 KB


learn it at this website:
http://forex-indicators.net/volatility-indicators/atr
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #71,817
  • Oct 5, 2016 6:37am Oct 5, 2016 6:37am
Quoting emmanuel7788
{quote}
Big E also said
use the Yellow line if that give me more confidence so I did.
TDI Green cross yellow when candles 3 close.
I count the candles, 4 H1 candles make 1 H4 candle, so I enter on H4 candle 1.
I am so confused now because X-Man taught me how to trade H1 TMS.
Me confuse you? it is more the other way round.
jokes aside emm it is another gem posted.
  • #71,818
  • Edited 7:21am Oct 5, 2016 7:07am | Edited 7:21am
Quoting kokopelli7
Hello this is my first post here, and I have a question. I looked Emmanuel and Tekkies TDI on the chart today, and it looks different from mine. I read this thread and found the TDI setting few month ago, I cant find it where right now, but according to my memory it was 10, typical price, 34, 5 exponential, 7, simple. I donloaded TDI-RT-crone. Is the setting correct? Please give me advice, Thank you
kokopelli that chart i posted is emm's posted chart. I only edited it to show the two arrow's / lines. Post your chart's to show us why you say there is a difference.

RSI_Period = 13 (your post is 10)
RSI Price = PRICE_CLOSE (your post typical)
Volatility Band = 34
RSI Signal Period = 2 (your post is 5)
RSI Signal Mode = MODE_SMA (your post is exponential)
Trade Signal Period = 7
Trade Signal Mode = MODE_SMA;
  • #71,819
  • Oct 5, 2016 7:07am Oct 5, 2016 7:07am
Quoting emmanuel7788
{quote} AUDUSD Week 40 Oct 4 H4: TMS H4 trade setup for sell. Anyone in the trade yet?
Hi Emm,

I did had a look at the chart last night but didn't put in a trade 'cos I didn't understand why this would be a setup other than the TDI crossed & Stoch pointing down, the price was ranging. Can you explain why?

I remembered you mentioned PA drives the movement of the indicators. So, essentially the TDI & Stoch could go flat, etc.

Also, when you see a potential setup in H4, do you go down to the LTF eg. H1 chart and placed an entry from there? Wouldn't this be too late since 4 H1 bars is 1 H4 bar? Does this make sense?
Attached Image (click to enlarge)
Click to Enlarge Name: audusd oct 5-2016.PNG Size: 36 KB
  • #71,820
  • Oct 5, 2016 7:30am Oct 5, 2016 7:30am
Quoting Fbps
{quote} Hi Emm, I did had a look at the chart last night but didn't put in a trade 'cos I didn't understand why this would be a setup other than the TDI crossed & Stoch pointing down, the price was ranging. Can you explain why? I remembered you mentioned PA drives the movement of the indicators. So, essentially the TDI & Stoch could go flat, etc. Also, when you see a potential setup in H4, do you go down to the LTF eg. H1 chart and placed an entry from there? Wouldn't this be too late since 4 H1 bars is 1 H4 bar? Does this make sense? {image}

Hi Fbps,

your H4 charts shows clearly a TMS H4 setup candle.
so that is a valid setup.
Attached Image (click to enlarge)
Click to Enlarge Name: Fbps H4 AUDUSD chart.png Size: 302 KB



usually when you see a potential H4 setup (potential meaning the H4 candle has not close ) then in the lower timeframe H1, mostly likely the H1 setup already happened and you will see if that is the 3rd or 4th H1 candles which will from the H4 candle.
Most of the time when I enter a H4 trade and it is APB#1, there setup entry in H1 either the 3rd APB or 4th APB. To be able to trade this way, you have to be prepared with a trade plan and already know the price action and support/resistance ahead in time. This will enable you to pull the trigger without hesitation. It takes a lot of screen time and practice.

I did make a post about the price action to see Lower High early this week. That H4 setup was the Lower High with a 5-bar swing high.
http://www.forexfactory.com/showthre...39#post9173939

see this post on Swing Highs / Swing Lows: Post#57,799

Hope this is clear.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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