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Trading Made Simple

  • #72,381
  • Oct 17, 2016 4:11pm Oct 17, 2016 4:11pm
NZD/USD Daily Chart. Entered by 1st APB Candle after Green Cross Red (Angle 2 O'clock).
As the Weekly is down (and I am short!) I will be targeting about 70 - 100 points. Taking partial profit and taking remaining to BE.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2016-10-17 at 22.09.16.png Size: 132 KB
  • #72,382
  • Oct 17, 2016 4:58pm Oct 17, 2016 4:58pm
Closed out most of the position at 0.7175 - about 40 points profit. Got 1/4 left on the table at BE....
  • #72,383
  • Oct 17, 2016 5:02pm Oct 17, 2016 5:02pm
Quoting Daniel 777
NZD/USD Daily Chart. Entered by 1st APB Candle after Green Cross Red (Angle 2 O'clock). As the Weekly is down (and I am short!) I will be targeting about 70 - 100 points. Taking partial profit and taking remaining to BE. {image}
Daniel,

Just to understanding your position, are you saying that while the TDI green line is indicating a buy on the D1 and H4, you are going short because of the weekly downward direction? So taking the opposite direction to the one given by TMS? Not saying you are incorrect, but just want to make sure that I am understanding it correctly.

Thanks.
  • #72,384
  • Oct 17, 2016 5:47pm Oct 17, 2016 5:47pm
Do you know if there is a version with higher time frames? I would like to have weekly and monthly also.

Quoting orestebufalo
{quote} HI {file} {file}
  • #72,385
  • Edited 10:19pm Oct 17, 2016 6:32pm | Edited 10:19pm
Hi TMS friends

I didn't post lately due to family problem and now I trade only daily chart.
I have seen many people complained that Emmanuel took over this thread and the thread became too complicated, many indicators and no longer be the same as original.

To me I guess I understand Emmanuel of his motive. Big E has gone(Rest in peace & Thanks him who started this thread)
Now come to the Question? what will happen if big E still alive - Trading have to be improved from time to time so changing have to be made. Big E might start another thread or still using the same thread. ???? Who knows.....

Emmanuel is trying to keep this thread alive. People do come and go. Specially young people why???? they are getting marry have kids paying mortgage......so they have many problems to solve with their family lives. Or even some people might have commercial intention. With this great thread is providing a free service for sure the commercial section or even commercial trading courses don't like it.

I can tell you this I paid for trading course(he is well known but I don't want to mention his name)- the education materials is not as good as Emmanuel is giving us here in this thread - I can say that Emmanuel gives a silver service at his best -answering all your questions and even answers your PMs too.
We all should be appreciated what he is doing here if he would start another thread I'm sure his thread will HOT, very HOT & super HOT(I will follow him). Why???? Look at Emmanuel profile 60+ yr old at least 13 yrs forex experience and before that stocks & shares trading(if you don't believe in his profile well what he is doing right now is proved by itself).
Emmanuel has passed to all family problems and now he he is a grand dad he has no family issues to solve and he loves his trading which he also loves to give to all people for free. Cause he has done all that and he had enough with money.
Emmanuel can easily starts his new thread but he doesn't do that instead he wants this thread to be alive and big E forever still be remembered. I hope everyone should get it by now...........

Now come to TMS basic issue - newbies show their charts & ask questions. Emmanuel or all seniors or even experience traders can teach them which we all doing at the moment. I'm sure newbies & seniors be aware of that. Newbies should master the basic level(profit) first before moving to advance level.
About the advance TMS or ME/ME - Emmanuel is teaching us at the moment anyway and I think ME/ME should not be in advance section at all if we all understand cycle of its time frame(which newbies should understand it too). It should be very easy(sorry if I'm wrong) if Emmanuel have time to write more details & rules(I'm waiting for it lol) but he is too busy with his trading and also answering to our questions.

I think what we are doing at the moment is great I don't see any problem at all and this is the hottest thread for forex system in FF - all newbies & all experience traders can come to this only one great thread TMS. It is our home.

Thanks Emmanuel for fantastic & great contribution to this thread

Sorry for my English. Bye have a great day to all
  • #72,386
  • Oct 17, 2016 7:31pm Oct 17, 2016 7:31pm
TDI basics:

Which setting do you use - Close Price or Typical Price? .. decide on one and stick to it.

What is the impact? it will impact your entry and exit rules.

Attached Image (click to enlarge)
Click to Enlarge Name: TDI RSI Typical vs Close.png Size: 46 KB



You have to decide which RSI price type you want to use and write your entry and exits rules based on that selected setting.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #72,387
  • Oct 17, 2016 8:07pm Oct 17, 2016 8:07pm
AUDJPY Oct 18 H1 trades - SYD-TOK hours

keep it simple - Price Action above 5EMA, TDI Green above Red above Yellow.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY Week 42 oct 18 H1 Tokyo trades.png Size: 36 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #72,388
  • Oct 17, 2016 9:12pm Oct 17, 2016 9:12pm
Quoting emmanuel7788
TDI basics: Which setting do you use - Close Price or Typical Price? .. decide on one and stick to it. What is the impact? it will impact your entry and exit rules. {image} You have to decide which RSI price type you want to use and write your entry and exits rules based on that selected setting.

i use TDI synergy sir, and i don't know how to check my RSI setting, but it look like typical one. would you tell me more about it sir??

many thanks...
  • #72,389
  • Oct 17, 2016 10:20pm Oct 17, 2016 10:20pm
Dear all pioneers and seniors here,
Thanks for all the contributions to the thread and creating this fabulous TMS system.

I'd read from first page till 122page for 2 weeks and still have long way to go to. if i need to go through all pages this will take months if not years.

I tried to take a quick look at current post seems like there are more indicators added into the original TMS system. Can you point me the post or thread which i can find and read the summary of the current TMS system, any added new rules, and new indicators added to make the system more robust to use beside the original TMS created by Big E?
  • #72,390
  • Oct 18, 2016 12:57am Oct 18, 2016 12:57am
Quoting laurganta
{quote} Update: A new H4 candle closed, everything looks good, price is a bit over 1.1000 level and trade is ~20 pips profit: {image}
EURUSD Trade from yesterday, 32 pips closed:

Attached Image (click to enlarge)
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  • #72,391
  • Oct 18, 2016 1:25am Oct 18, 2016 1:25am
Quoting Azk
{quote} Daniel, Just to understanding your position, are you saying that while the TDI green line is indicating a buy on the D1 and H4, you are going short because of the weekly downward direction? So taking the opposite direction to the one given by TMS? Not saying you are incorrect, but just want to make sure that I am understanding it correctly. Thanks.

Sorry to be unclear.

I took a long on the Daily chart as per TMS rules, but I am also building in shorts as per the Weekly ME/ME system which I am trying to copy and learn from Emmanuel.

SO - I went long on yesterday's Bullish daily set up (as per TMS) All profit taken now.
But - I am short and building in shorts from a ME/ME weekly candle perspective.

Hope that makes sense?
  • #72,392
  • Oct 18, 2016 1:51am Oct 18, 2016 1:51am
TDI setting RSI set to Typical Price vs Close Price.

which setting do you use?

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Oct 18 H1 TDI compare Typical vs Close.png Size: 48 KB


there is no correct or wrong setting.

chose either setting and stick to it, write your own rules for entry and exits.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #72,393
  • Oct 18, 2016 1:59am Oct 18, 2016 1:59am
Quoting antoe
{quote} i use TDI synergy sir, and i don't know how to check my RSI setting, but it look like typical one. would you tell me more about it sir?? many thanks...

the Synergy_Pro_TDI has the default settings - 10, 5, 34, 3, 1, 7.

10 = RSI period 10
5 = RSI Typical Price
34 = Volatility Band period 34 also the Yellow line Market Base Line MBL moving average period.
3 = Moving Average period of the Green Price Line PL
1 = Exponential Movig Average of the Green Price Line
7 = Moving Average period of the Red Trade Signal Line TSL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #72,394
  • Oct 18, 2016 2:03am Oct 18, 2016 2:03am
EURUSD Oct 18 London Open LO H1

last H1 was very interesting, do you see buyers or sellers?

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Oct 18 H1 TDI compare Typical vs Close_2.png Size: 41 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #72,395
  • Oct 18, 2016 2:46am Oct 18, 2016 2:46am
good morning gentlemen ,

I notice on some of the posted charts the Round Number lines plotted on the right hand scale ... the script I use plots over the full width of the chart but I would prefer what I see as it is cleaner. I have tried a quick search of MT4 indicators but there are a lot of results, so rather than download them one by one, would somebody kindly post the .ex4 or .mq4 file, I would be very grateful.

Many thanks, Chris

PS I will try and keep my requests a little shorter in the future!
All for one and one for all
  • #72,396
  • Oct 18, 2016 3:10am Oct 18, 2016 3:10am
Quoting Tekkies
{quote} ....... It is like them YouTube / Forex announcers that say if this does this and this goes there than i would do this or that. ......
good post Tekkies ....... u dont need over the top market analysis of charts all day every day cause IMO it will end up worse than better 4 ur trades ..... IMO thats y Big E didnt bother wit it ....... it takes me a few minutes 2 do the setup for each pair ......

Quote
Good market analysis can certainly contribute to and play a supporting role in one’s success, but it doesn’t deserve the attention and importance most traders mistakenly attach to it. Mark Douglas
  • #72,397
  • Oct 18, 2016 3:52am Oct 18, 2016 3:52am
Quoting cvgreen46
good morning gentlemen , I notice on some of the posted charts the Round Number lines plotted on the right hand scale ... the script I use plots over the full width of the chart but I would prefer what I see as it is cleaner. I have tried a quick search of MT4 indicators but there are a lot of results, so rather than download them one by one, would somebody kindly post the .ex4 or .mq4 file, I would be very grateful. Many thanks, Chris PS I will try and keep my requests a little shorter in the future!

try search "BN levels" in the attachments in this thread.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #72,398
  • Oct 18, 2016 3:55am Oct 18, 2016 3:55am
market is noisy again today. better stay at sideline.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #72,399
  • Oct 18, 2016 4:07am Oct 18, 2016 4:07am
Quoting Daniel 777
{quote} Sorry to be unclear. I took a long on the Daily chart as per TMS rules, but I am also building in shorts as per the Weekly ME/ME system which I am trying to copy and learn from Emmanuel. SO - I went long on yesterday's Bullish daily set up (as per TMS) All profit taken now. But - I am short and building in shorts from a ME/ME weekly candle perspective. Hope that makes sense?
Thank you for the clarification.
  • #72,400
  • Oct 18, 2016 4:34am Oct 18, 2016 4:34am
Hi all! I've been lurking this thread for a while now. Reading for days and only at page 120

I've also been reading backwards and I'm sad to hear that Big E passed away. Feels so weird to read chronologically knowing he's not with us anymore. R.I.P.

I tried trading TMS myself but noticed that eventhough the system is simple, you will need A LOT of screentime to be profitable in the long term. For me it works when I'm very selective for the trades. Reading all the posts really helps as there are a lot of hidden subtleties to this system. I'm writing everything down what's important and will share this all with you later for newer newbies. I'll attach my checklist but will be updating it with my learnings throughout this thread.

Basically I'll use it to check how confident I am on a trade. Add some entry notes with usually weaknesses, uncertainties, I'll attach a screenshot, monitor it sometimes inbetween and then close it with an additional screenshot so I can compare what went good or wrong.

I'm a noobie in terms of trading but basically learning full time now. I'm privileged to earn money from a sidebusiness so i'll be hanging out here a lot from now on
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