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Trading Made Simple

  • #72,141
  • Oct 11, 2016 2:17pm Oct 11, 2016 2:17pm
Where can I read about this me/me stuff and Money Management you were talking so much recently? I'am pip per pip correcting my mistakes and weaknesses
  • #72,142
  • Oct 11, 2016 3:50pm Oct 11, 2016 3:50pm
Quoting AlexoBrawler
Where can I read about this me/me stuff and Money Management you were talking so much recently? I'am pip per pip correcting my mistakes and weaknesses
You can start with these three. Good luck..

Thank's to mousteven for sharing
Attached File(s)
File Type: pdf Money management strategy ideas.pdf   373 KB | 804 downloads
File Type: pdf Using Multiple Lot Positions To Improve in TMS-II .pdf   247 KB | 599 downloads
File Type: pdf How to Build a Position.pdf   3.1 MB | 643 downloads
It's in fear when people show what they truly value.
  • #72,143
  • Oct 11, 2016 4:03pm Oct 11, 2016 4:03pm
Quoting ensale
{quote} You can start with these three. Good luck.. Thank's to mousteven for sharing {image} {image} {image}
Thank you so very much mai fren!
  • #72,144
  • Oct 11, 2016 4:19pm Oct 11, 2016 4:19pm
Daily Trade from Major Resistance Level.
  • #72,145
  • Oct 11, 2016 5:01pm Oct 11, 2016 5:01pm
AUDJPY D1 Chart, will look for intraday sell oportunities after wake up for london session
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY.PNG Size: 51 KB
  • #72,146
  • Oct 11, 2016 5:25pm Oct 11, 2016 5:25pm
Quoting Fbps
{quote} Hi Emm, how do I edit my TMS monitor EA to display the columns like yours? For eg. to show H4 TDI, Heiken Ashi H4. My current TMS Monitor is showing 2 MN columns too (see attached). {image}

Hi,

Now that you know how to change chart TF,

you should delete all those currency pairs which you don not trade. Show only those currency pairs you plan to trade and use the alerts.

otherwise, that EA will overload your PC CPU.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #72,147
  • Oct 11, 2016 5:27pm Oct 11, 2016 5:27pm
Quoting fiborek
UJ - is this valid for short - potential TP 102,90? {image}

Hi,

on your chart, that H4 setup candle look valid.. but some of these setup will not run into profits.
Just manage the trades according to your exit rules.

regards
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #72,148
  • Oct 11, 2016 5:41pm Oct 11, 2016 5:41pm
Quoting mokuro89
AUDJPY D1 Chart, will look for intraday sell oportunities after wake up for london session {image}

AUDJPWeek 41;

MN candles are very small with upper and lower wicks and that Brexit June candle range is huge.
W1 - small ranging candles but more upside.
D1 looks toppisch with last MN high seen on the left.

best to trade intraday - can either buy or sell based on price action and supp/res with TMS setups. 30 to 50pips target.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #72,149
  • Oct 11, 2016 6:12pm Oct 11, 2016 6:12pm
Quoting catalin_eros
Nu hit 60% ATR target. Three trades closed. exit and re-entry method, following the W1 bar. Emm, are you still holding this pair? Assuming it is part of your 5 trading pairs this week, of course. The image is on H1 to show better the entries and exits. {image}

yes, still selling since open of this MN.

strong downtrend TDI from 60 to 20 level. .. by John Hayden.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #72,150
  • Oct 11, 2016 6:21pm Oct 11, 2016 6:21pm
Quoting ItaTrader93
{quote} Hey Emm, many thanks for the reply I'm working on differente money management strategy to find out wich of si better for me, and i'm also reading some books about psichology in trading. That's my strategy: simple method (i'm developing my own style, but often read your post, wich are always helpul), strict and effective money management rules and a lot of brain training. I'll do my own researches Good trading everyone!

two of my earlier books read and still have on my reference shelf ...
I recommend everyone to own these books and learn to become better investors / traders.
many people talk about trading systems, methods, etc. but rare few will tell you about the mental aspects of being investors/traders.
we all hear that discipline is so important, but what really is the problem that people have with discipline. If you still do not know what your own individual problem is with the discipline to trade your own system, you must discover that problem and find a solution.
Attached Image (click to enlarge)
Click to Enlarge Name: Steenbarger 101 Daily Coach.png Size: 264 KB
Attached Image
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #72,151
  • Oct 11, 2016 6:23pm Oct 11, 2016 6:23pm
Tokyo will open in about 35 mins. be careful with that early morning Tokyo rush ... if you are trading the JPY pairs.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #72,152
  • Oct 11, 2016 6:28pm Oct 11, 2016 6:28pm
recovery in the £.. Time to be careful..
It's in fear when people show what they truly value.
  • #72,153
  • Oct 11, 2016 6:42pm Oct 11, 2016 6:42pm
EURAUD Oct 11 H1 trades London open session.

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD Oct 11 H1 trade LO session.png Size: 41 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #72,154
  • Oct 11, 2016 7:02pm Oct 11, 2016 7:02pm
Hi all been reading through this thread over the past days learning a lot along the way.
Thanks
  • #72,155
  • Oct 11, 2016 7:14pm Oct 11, 2016 7:14pm
please can anyone attach a "NON-REPAINT COPY" of TDI
thanks alot in advance
  • #72,156
  • Oct 11, 2016 7:19pm Oct 11, 2016 7:19pm
Quoting solorik
please can anyone attach a "NON-REPAINT COPY" of TDI thanks alot in advance
all technical indicators which is based on the Open, High, Low and Close OHLC of the market price will 're-paint' to some degree. Ypu need to know how that indicator calculates using what price, number of period, refresh if it updates each price tick, updates every price bar close, etc. , if it refresh all bars in the past history, etc.

Traders Dynamic Index description: Post#18,264 Post#24,705
If you want to trade the way Big E described in Post#1, make sure you use his template , the Synergy APB / HA candles and use that TDI Red Green version. These are in Post#25.
Note that the TDI Red Green version repaints all the bars in history so you cannot use this when you do back-testing by scrolling back your charts. The better way is to run this in live market and trade the TMS setups based on what you see without refreshing your charts. When you want to trade with entries on the APB#1 and APB#2 candles, always wait for the price bar/candle to close and use the TDI to confirm the setup.

TDI-RealTime version Post#17,848
How to create the TDI using the RSI available in other platform: Post#30,671
Fozzy RSI Method Post#59,617
Synergy_Pro_TDI settings: Post#59,624
Comparison of TDI Red Green and TDI_RT:
http://www.forexfactory.com/showthre...31#post8569731
http://www.forexfactory.com/showthre...40#post8556840

Download the TDI realtime non-repainting version here:
TDI-RT version Post#17,848
and change the default settings to of the Synergy_Pro_TDI settings: Post#59,624
Choose your trading styles using the TDI – Scalping, Active and Moderate
Post#24,705, Post#23,486, Post#24,912, Post#51,153, Post#51,299, Post#56,578 Post#57,351, Post#57,394

TDI 12-2 and 4-6 clock face angle:
http://www.forexfactory.com/showthre...43#post8688943
http://www.forexfactory.com/showthre...71#post6473471
http://www.forexfactory.com/showthre...12#post6489012
http://www.forexfactory.com/showthre...86#post6707386
http://www.forexfactory.com/showthre...48#post7287048
http://www.forexfactory.com/showthre...63#post8018063
http://www.forexfactory.com/showthre...07#post8968607


Make sure you read these two important posts: Post#261 and Post#647.
These posts give a simple summary of TMS 5-Method and also the basic forex stuff we check when we look for the TDI setups to trade.
Practice demo trades in real-time market and unlock the secrets of Post#647 and pick the best setups.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #72,157
  • Oct 11, 2016 7:33pm Oct 11, 2016 7:33pm
Quoting johnn
Hi all been reading through this thread over the past days learning a lot along the way. Thanks

Hi Johnn,

take your time. there should be no rush to learn and become a trader.

if you spend 3 to5 hours every day for the next 2 to 3 years, you will very likely make it to be a trader.

it is like spending 3 to 4 years in Uni and get that degree. that requires commitment and some sacrifices on your part.

it will be a long journey, you will learn a lot about yourself during your journey.

do not believe in any get rich fast schemes what we read often in advertisement.

trading the market is not 'get rich fast' and definitely not about making that elusive one million dollars type of dream.

priority is to learning to become a trader first and finding your own WINNING EDGE.

I wish you a smooth learning journey.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #72,158
  • Oct 11, 2016 8:02pm Oct 11, 2016 8:02pm
Quoting emmanuel7788
Tokyo will open in about 35 mins. be careful with that early morning Tokyo rush ... if you are trading the JPY pairs.

Here is what I saw with AUDJPY before Tokyo Open:

Read Big E post#647 and interpret what he wrote in that post on the charts you trade.
what he meant by:
- 'big candles, small candles,'
- is PA 'in consolidation or near a consolidation'
- where are the recent supp/res?
- look at the recent reversal candles,
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY Oct 12 H1 price action setups.png Size: 61 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #72,159
  • Oct 11, 2016 8:16pm Oct 11, 2016 8:16pm
Hello! Greetings from Singapore!

My respect to Big E. RIP.
Thank you for starting and sharing.

Also appreciate all seniors here sharing and guiding.

Hoping to learn and contribute.
Only get to know this thread recently.
Your advice are most appreciated.

1) Enter EURGBP H4 too early before 2nd RED closed.
Worry price go further north, closed too early.
Maybe I should stay clear of GBP for the time?

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP.PNG Size: 161 KB


2) EURJPY H4 doing well, and moved SL.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY.PNG Size: 102 KB
  • #72,160
  • Oct 11, 2016 8:28pm Oct 11, 2016 8:28pm
AUDJPY Oct 12 H1 breakout trade closed +25pips

Looks easy but it is not so easy. You need to know what you are looking at on your trading charts and know what to look for as setups to trade. You must be prepared ahead in time or you will lose more than you win. This requires discipline every time you want to trade.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY Oct 12 H1 BO trade TOK.png Size: 21 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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