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Trading Made Simple

  • #73,861
  • Dec 11, 2016 6:19am Dec 11, 2016 6:19am
Quoting fcaldas
{quote} At what time (GMT) is the Sunday open? And, where are you going to post the direction bias? Here in the TMS thread?
I get the Aussie open which is 10 hours from now.. 10:00 gmt... Yes will post here..
It's in fear when people show what they truly value.
  • #73,862
  • Edited 10:25am Dec 11, 2016 6:55am | Edited 10:25am
To All those who want to join the group. I have one request.. if you want to join and be a part of a growing group then I would like you to participate in a project.

Project: simple. compile All emmanuel posts in this thread, little by little, and then we can sort into a vast pdf/book with his permission to be shared back to this thread. (I have started on this, will post what i have done already so you know what framework were working on)

Benefit..You will have a place where you can find the information you need with a table of contents that is helpful, also will be compiling the FAQ and posting in this thread so novices can quickly find answers to all their question but this will be seperate pdf.

Final benefit: be part of a group who aims to be active and learn together, the group is not fully streamlined but be part of the process of getting a group organised and goal oriented..

some history: Group was set up by thiabuat originally for day trading with Me.me as a part of this, however if your do not yet know what Me.me is and what are the benefits of this, then you are welcome also.. you will help with your day chart setups alerts and calls, also hear what others have to say
It's in fear when people show what they truly value.
  • #73,863
  • Dec 11, 2016 6:58am Dec 11, 2016 6:58am
Quoting ensale
To All those who want to join the group. I have one request.. if you want to join and be a part of a growing group then I would like you to participate in a project. Project: simple. compile All emma posts in this thread, little by little, and then we can sort into a vast pdf/book with his permission to be shared back to this thread. (I have started on this, will post what i have done already so you know what framework were working on) Benefit..You will have a place where you can find the information you need with a table of contents that is helpful,...
I would love to join the group, ensale. I've been trading TMS for a few weeks now and loving it! It would be great to share my experience with like-minded people.
  • #73,864
  • Dec 11, 2016 7:03am Dec 11, 2016 7:03am
nu setup.... why dont's reply ensale?
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  • #73,865
  • Dec 11, 2016 7:04am Dec 11, 2016 7:04am
Quoting saranga
ensale Buddies nu down?
For me I have to see further bearish action on the day to sell, for confirmed continuation.. so not selling yet.
It's in fear when people show what they truly value.
  • #73,866
  • Dec 11, 2016 7:08am Dec 11, 2016 7:08am
Quote
For me I have to see further bearish action on the day to sell, for confirmed continuation.. so not selling yet.
yes but strong rest day trand change restling i am sure down..and more week down
  • #73,867
  • Dec 11, 2016 11:12am Dec 11, 2016 11:12am
http://www.learntotradethemarket.com...raders-profits
  • #73,868
  • Dec 11, 2016 3:25pm Dec 11, 2016 3:25pm
Quoting pips29
gone short the kiwi...I am still trying to figure out whether the large candle was caused by the rate decision announcement from Australia...anyway, just playing the charts {image}
Hi dear can you please give me ADR indicator?
  • #73,869
  • Dec 11, 2016 6:36pm Dec 11, 2016 6:36pm
Quoting ensale
To All those who want to join the group. I have one request.. if you want to join and be a part of a growing group then I would like you to participate in a project. Project: simple. compile All emmanuel posts in this thread, little by little, and then we can sort into a vast pdf/book with his permission to be shared back to this thread. (I have started on this, will post what i have done already so you know what framework were working on) Benefit..You will have a place where you can find the information you need with a table of contents that is...
I would also love to join the group and help with the project if this is possible.

Thanks, Mbt
  • #73,870
  • Dec 12, 2016 5:15am Dec 12, 2016 5:15am
Quoting Tanveer87
{quote} Hi dear can you please give me ADR indicator?
just go to paperclip on the top right and look for it. It's called !SM_ADR Marker
the cautious seldom err....C
  • #73,871
  • Edited 6:46am Dec 12, 2016 5:52am | Edited 6:46am
Today trades

Feel free to leave any comment.

EURAUD
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EURGBP
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EURUSD
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USDCHF
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Trade with discipline and respect the market...
  • #73,872
  • Dec 12, 2016 6:23am Dec 12, 2016 6:23am
MY Plan to short EUR/JPY, EUR/USD this week... long Gusd if strength shows which it is at the moment... Long oil.. although gap up has taken a lot of profit potential of this trade... eurcad short possibility instead.

Others in the group are against shorting eurjpy..

Group recommends buying USDJPY, GBPJPY and also CADJPY, (selling NzdUSD not strong recommendation)

Pairs to avoid.. AUS/USD ranging, and therefore nzdusd possible less probable... Fomc, major news expected this week,,,

EURUSD Not expected to hit parity this year.. bearish on this pair however..

Sorry for late Bias calls...
It's in fear when people show what they truly value.
  • #73,873
  • Dec 12, 2016 6:28am Dec 12, 2016 6:28am
Quoting ashkan_no9
Today trades Feel free to leave any comment. EURAUD {image} EURGBP {image} EURUSD {image} USDCHF {image}
Looks like you got your supply/demand wrongly labeled
the cautious seldom err....C
  • #73,874
  • Edited 6:51am Dec 12, 2016 6:32am | Edited 6:51am
Quoting pips29
{quote} Looks like you got your supply/demand wrongly labeled
Oh, you're right. what a stupid mistake...

edited: Now labels are correct.
Trade with discipline and respect the market...
  • #73,875
  • Dec 12, 2016 7:35am Dec 12, 2016 7:35am
Quoting ensale
MY Plan to short EUR/JPY, EUR/USD this week... long Gusd if strength shows which it is at the moment... Long oil.. although gap up has taken a lot of profit potential of this trade... eurcad short possibility instead. Others in the group are against shorting eurjpy.. Group recommends buying USDJPY, GBPJPY and also CADJPY, (selling NzdUSD not strong recommendation) Pairs to avoid.. AUS/USD ranging, and therefore nzdusd possible less probable... Fomc, major news expected this week,,, EURUSD Not expected to hit parity this year.. bearish on this pair...
Hi ashkan_no9,

I am interest with your template trading sytem, could you share your template.

thanks in advance
  • #73,876
  • Dec 12, 2016 7:44am Dec 12, 2016 7:44am
Quoting plutodev
{quote} Hi ashkan_no9, I am interest with your template trading sytem, could you share your template. thanks in advance
For tms? if so check this post.. if its not what your looking for let me know.
It's in fear when people show what they truly value.
  • #73,877
  • Dec 12, 2016 7:54am Dec 12, 2016 7:54am
Quoting ensale
{quote} For tms? if so check this post.. if its not what your looking for let me know.
Thanks ensale, but i am lookig for indicator TDI-RT-Clone and TDI WAvg Angle (window at bottom)

thanks in advance
  • #73,878
  • Dec 12, 2016 9:45am Dec 12, 2016 9:45am
Quoting plutodev
{quote} Hi ashkan_no9, I am interest with your template trading sytem, could you share your template. thanks in advance
Hi plutodev

Here you are...

Note: For more information about Davits-Pivot indicator, please read this post.
Attached File(s)
File Type: zip Indicators.zip   61 KB | 608 downloads
File Type: tpl Ashkan TMS v5.tpl   10 KB | 448 downloads
Trade with discipline and respect the market...
  • #73,879
  • Dec 12, 2016 12:07pm Dec 12, 2016 12:07pm
Quoting ashkan_no9
Today trades Feel free to leave any comment. EURAUD {image} EURGBP {image} EURUSD {image} USDCHF {image}
Hi Ashkan,

Thanks for sharing your trades with the thread.

The first thing that strikes me about your trades is correlation. Perhaps you are fully aware that three pairs have EUR, and your fourth pair (USDCHF) is inversely correlated. If you made the proper adjustment to your overall risk given the "correlation risk", then job well done. If not, then perhaps you should consider spreading your risk over the 3-4 trades by sizing your position at 25% or 33% of normal size. This is not a rule set in stone, but generally speaking professional traders will try to mitigate correlation risk by spreading overall risk over the number of instruments traded. Another example of a trade plan rule to address correlation risk might be: Risk per trade: 2%, Max correletion risk: 3%. In this last example you would divide your "Max correlation risk" by the total number of trades. Hope this makes sense.

The second observation is it seems you opened all your trades when price, and therefore the h4 candle, was still inside the PAC (price action channel). If you prefer a more aggressive style entry and put more weight on SD/SR and PA (i do in my own trading), then perhaps you should consider changing the PAC to BigE 5ema, which tends to be a little more aggressive. Should you want to do this, open the Synergy APB indicator and under "inputs", then "Pac Color", set it to the color of your chart background. Finally, add a fresh 5 Ema shift 3, Typical Price. Whichever you choose, i think it is important to have a rule based on it (5-method) and stick to the rule. The reason this is important is that unless we are using a set, defined, set of rules, it becomes harder to gain insight into why the winners are winners and the losers are losers. Set trading rules, which will be tweaked over time based on results/observation/data are important for this reason. That said, the market will ultimately do what it wants and couldn't care less of anyone's trading rules, but as traders, we are all in part probability analysts. We choose to trade setups (TMS/5-Method) with higher probability, and candle closing across the 5ema or PAC is part of the definition of a "setup". Other factors obviously apply, but the point was about rules: define then and stick to them.

I hope your trades bring many green pips, and thanks again for sharing your charts.

Best,
N
  • #73,880
  • Dec 12, 2016 12:19pm Dec 12, 2016 12:19pm
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