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Monitor for 'Trading Made Simple' system 565 replies

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Trading Made Simple

  • #73,881
  • Dec 12, 2016 3:30pm Dec 12, 2016 3:30pm
Quoting ensale
{quote} It may appear that no one calls trades in advance etc.. but in actual fact, in my personal case, I trade day TMS chart, I call trades in in our TMS group, we discuss every weekend, we have differing views etc. and that challenges us to think whether we really support our own trade views. I wonder why you didn't join our group when this was open to everyone, maybe you missed my post invitation? (Thiabaut opened this group in may If I remember correctly, but last month I offered a chance for everyone/anyone to join) Ensale. P.s There's much...
Hello ensale,please i missed your invitation post,please could u invite me again .Id like to learn with the group.
Thx alot:-))
  • #73,882
  • Dec 12, 2016 4:23pm Dec 12, 2016 4:23pm
I'm back to focusing on Weekly, Daily, H8, & H4 time frames. I'm trying to limit my screen time and the higher time frames work well for me.

Here is a GU trade I entered today. With FOMC approaching I will most likely not target next SR level. I may goto BE on the trade depending on how the daily candle closes.

Good Trading!
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Successful people do what unsuccessful people are not willing to do
  • #73,883
  • Dec 12, 2016 5:01pm Dec 12, 2016 5:01pm
Hello,please can u help me ,why i have tms monitor on all over the graf and how i can put it on black like u all have or how to make it better.Thx to all,i would like to put image but i dont know why i cant,maybe beouse i am newnbie and the dont let me:-)
  • #73,884
  • Dec 12, 2016 5:14pm Dec 12, 2016 5:14pm
Quoting Dedekzlobi
Hello,please can u help me ,why i have tms monitor on all over the graf and how i can put it on black like u all have or how to make it better.Thx to all,i would like to put image but i dont know why i cant,maybe beouse i am newnbie and the dont let me:-)
Is this post directed at me? If so tell me exactly what you need help with? Are you referring to my two MTF indicators?
Successful people do what unsuccessful people are not willing to do
  • #73,885
  • Dec 12, 2016 11:55pm Dec 12, 2016 11:55pm
Quoting Nik-Nyc
{quote} 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...

Hi Nik

Thank you so much for your comment.

You're absolutely right about Risk Management.
Actually based on my trading plan, I'm going to risk 1% of my equity each trade and Max 4% every day. So if all 4 trades hit SL, my total loss is just 4%.

About PAC and 5EMA, I have to say, according to this post, crossing 5EMA is not a rule in BigE method. As you know both PAC and 5EMA are for more confirmation only. Currently I use PAC. (maybe change to 5EMA in the future.) PA, HA candles, S/R zones and TDI are my main indicators for opening position. When I see these indicators show me a good signal, closing HA candle above/below PAC is not very important to me.


Thanks again for your advice and comment.
Trade with discipline and respect the market...
  • #73,886
  • Dec 13, 2016 1:17am Dec 13, 2016 1:17am
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...
Yes. Agree. I would love to join the group. Thanks very much.
Keep DISCIPLINE, control RISKS, and don't destroy your DREAM easily.
  • #73,887
  • Edited 4:07am Dec 13, 2016 3:54am | Edited 4:07am
Euro GBP looks good on hourly looking left .GBP USD breaking resistance on hourly as well.
  • #73,888
  • Dec 13, 2016 6:18am Dec 13, 2016 6:18am
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...
Already slowing attempting this task, hope to join the group as well, please let me know how.
Trading thin liquidity at the boundary of the charts
  • #73,889
  • Edited 7:29am Dec 13, 2016 6:59am | Edited 7:29am
just went long, any ideas from seniors? its already -10 pips
+ just a question, is MA period 5 and shift 3?
+ i would like to join the group if theres place
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  • #73,890
  • Dec 13, 2016 7:17am Dec 13, 2016 7:17am
Project: compile Emmanuel posts and sort into a readable organised PDF.

Ok below is what I have done so far on compiling, another member has also done some work.. but maybe this will give you an idea how were compiling information..

if we all help together, we can get this stuff done but not if we are not organised..

After compilation we hope to sort PDF into sections with easy to find info....


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if you click on Emmanuel profile and see his thread replies, you will find 13531 replies, we just need to compile the posts he made here in this thread...

Furthermore, once you find his thread replies, there are 677 pages, 677 down to 400 is covered and being done.. what I am asking for those who want to join our group is to do 50 pages if possible, also for those who have no interest in joining group but would like to contribute, then let me know.. much appreciated...

((
Some other guidelines... you want to sort questions asked to emmaunuel in a (FAQ PDF compilation) different word document and valuable posts in another... repeat posts and repeat questions can be ignored.. also any posts including fibs/pivots etc.. can be omitted or placed elsewhere if the contributor feels they would be of value..

GOAL OF PDF... : To learn from emmanuel how he Day (D1) trades and H4 trades.. also how he uses money management/price action and the 5 core method... (How he does BPP, How he plans, etc.)

Simple


Last tip, if you copy something into word document, make sure to get the full question/picture into the PDF and to also place a numbering under the post so we know which page it comes from.. (example: this post is on page 3695, so pg3695)

Thank you!


Attached File(s)
File Type: docx emma posts in tms.docx   2.4 MB | 557 downloads
Attached File(s)
File Type: docx FAQ in tms (emmanuel).docx   1.0 MB | 471 downloads


I might make a video, explaining this better would be good, any questions please ask!
It's in fear when people show what they truly value.
  • #73,891
  • Dec 13, 2016 7:38am Dec 13, 2016 7:38am
does anyone know what caused the AUD to strengthen this morning? ( GMT )
  • #73,892
  • Dec 13, 2016 7:43am Dec 13, 2016 7:43am
Quoting Scrambleguy
does anyone know what caused the AUD to strengthen this morning? ( GMT )
Dollar correction... for me that's what's happening
It's in fear when people show what they truly value.
  • #73,893
  • Dec 13, 2016 8:23am Dec 13, 2016 8:23am
ej close shot 85pip this week trade run gc risk it;s sl free
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  • #73,894
  • Dec 13, 2016 8:57am Dec 13, 2016 8:57am
Quoting Nik-Nyc
{quote} 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...
Hi ashkan_no9,

thanks a lot for sharing
  • #73,895
  • Dec 13, 2016 10:06am Dec 13, 2016 10:06am
Quoting Yiz
just went long, any ideas from seniors? its already -10 pips + just a question, is MA period 5 and shift 3? + i would like to join the group if theres place {image}
It's a 5 ema with shift 3 and set to typical price.
the cautious seldom err....C
  • #73,896
  • Dec 13, 2016 10:53am Dec 13, 2016 10:53am
Quoting pips29
{quote} It's a 5 ema with shift 3 and set to typical price.
how can i set an ema? is it the same as moving average?
  • #73,897
  • Dec 13, 2016 11:07am Dec 13, 2016 11:07am
Quoting Yiz
{quote} how can i set an ema? is it the same as moving average?
See the attached image.
Attached Image
Success means going from failure to failure without loss of enthusiasm
  • #73,898
  • Dec 13, 2016 11:08am Dec 13, 2016 11:08am
Quoting Yiz
{quote} how can i set an ema? is it the same as moving average?
EMA is one form of a moving average (there are several types).

I see you are a new member. if you are not familiar with Forex I would suggest you do the school at Baby Pips before attempting this system. It will save you a lot of time in the long run. Trading is hard if you do not understand the basic fundamentals.
Successful people do what unsuccessful people are not willing to do
  • #73,899
  • Dec 13, 2016 2:40pm Dec 13, 2016 2:40pm
Scared and closed the deal early:

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  • #73,900
  • Dec 13, 2016 2:43pm Dec 13, 2016 2:43pm
how can i set an ema? is it the same as moving average?
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