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Trading Made Simple

  • #74,361
  • Jan 3, 2017 4:52am Jan 3, 2017 4:52am
Quoting emmanuel7788
EURUSD H1 Jan 3: There is no 100% that every trade setup will end in profit. But I see a nice price action on D1 chart and now H1 shows an opportunity. Note that due to the holidays, the market had been sideways with lots of gaps due to the shorter trading hours and days. Therefore we can rely more on the price action on the D1 chart and trade the lower timeframes. {image}
EURUSD H1 trade closed. +50pips.
Moved SL to BE+ after LO candle closed.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD H1 Jan3 D trade closed.png Size: 39 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #74,362
  • Jan 3, 2017 5:04am Jan 3, 2017 5:04am
I took some modest trades today. Using TMS of course
Profits are modest since I had set tight TP's but happy with the results.
I have logged the trades in my Journal.

Attached Image
First comes knowledge about yourself, then comes a system...
  • #74,363
  • Jan 3, 2017 6:03am Jan 3, 2017 6:03am
Quoting bodal
{quote} Thank you for these king explanations ! I am sorry to have another question : what are the 2 upper purple lines (drawn at 1.2355/1.2381) ? former resistances ? drawn by hand or indicator ? Thank you in advance for your future answer.
I just spent a couple of hours loading some indicators into a new platform but still can't manage to load the TDi from another platform..I think I better attend some computer classes...I will look for trades after this post..those are manually drawn S/R lines (ppa= previous price action) bodal and I recommend you do this manually and not rely on an indicator as mentioned in my post to Tekkies...these are not brickwalls and can be broken quite easily too. now back to trading
the cautious seldom err....C
  • #74,364
  • Jan 3, 2017 6:08am Jan 3, 2017 6:08am
Quoting emmanuel7788
{quote} EURUSD H1 trade closed. +50pips. Moved SL to BE+ after LO candle closed. {image}
good trade...I was busy sorting things out and missed out...and I thought you will resume trading later on...guess the devil got the better of you
the cautious seldom err....C
  • #74,365
  • Jan 3, 2017 6:13am Jan 3, 2017 6:13am
let's see if TL will be broken which happens to be the low of the adr too
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 55 KB
the cautious seldom err....C
  • #74,366
  • Jan 3, 2017 6:19am Jan 3, 2017 6:19am
locking in at b/e+50...that's what you should do too
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH4.png Size: 56 KB
the cautious seldom err....C
  • #74,367
  • Jan 3, 2017 6:20am Jan 3, 2017 6:20am
Quoting emmanuel7788
{quote} EURUSD H1 trade closed. +50pips. Moved SL to BE+ after LO candle closed. {image}
Dear emmanuel,

Where can i find your TDI indi? as it seems that my tdi acts different as yours..

Best of pips
Yotam
Trading is all about Flexible Thinking
  • #74,368
  • Edited 10:41am Jan 3, 2017 7:01am | Edited 10:41am
AUDJPY
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD-D1.png Size: 89 KB
Sad i'm not trying to understand PA
  • #74,369
  • Jan 3, 2017 7:48am Jan 3, 2017 7:48am
Hello All and a Very Happy New Year to you.

I am currently writing a TMS crib sheet (I know may of you have done the same but there is something useful in having it in your own words) and would like to include a section regarding entry condition and the TDI "clock" but cannot find the relevant posts. Would someone mind pointing me in the right direction.

Many thanks, awm.
  • #74,370
  • Jan 3, 2017 7:50am Jan 3, 2017 7:50am
Quoting Yotam.v
{quote} Dear emmanuel, Where can i find your TDI indi? as it seems that my tdi acts different as yours.. Best of pips Yotam
the difference is because the opening time was not the same after the holidays
the cautious seldom err....C
  • #74,371
  • Jan 3, 2017 8:05am Jan 3, 2017 8:05am
this is the kiwi on the weekly...looks bearish to me
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDWeekly.png Size: 44 KB
the cautious seldom err....C
  • #74,372
  • Jan 3, 2017 8:24am Jan 3, 2017 8:24am
I have recently studied the Dean Malone E.A.S.Y presentation and read with interest that [in the event of] long trades he advises to enter only when the crossed Green RSI line and Red Trade Signal lines are above 50 and the Yellow Market Base line. It appears to me that in following that rule set traders are likely to exclude a reasonably high proportion of good signals. Would this be why Big E adapted the TDI indicator to show only the RSI and Trade Signal lines thereby allowing earlier entries?

Regards, awm.
Attached File(s)
File Type: pdf Dean Malone E.A.S.Y. Trading Method.pdf   1.8 MB | 439 downloads
  • #74,373
  • Jan 3, 2017 8:33am Jan 3, 2017 8:33am
Quoting pips29
locking in at b/e+50...that's what you should do too {image}
decided to close this trade as Ism man approaches..It is my first trade of the year and I am very happy to get this green pips..will short the kiwi when I get that "itchy" feeling
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH4.png Size: 51 KB
the cautious seldom err....C
  • #74,374
  • Jan 3, 2017 10:50am Jan 3, 2017 10:50am
gone short
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDH4.png Size: 54 KB
the cautious seldom err....C
  • #74,375
  • Jan 3, 2017 11:01am Jan 3, 2017 11:01am
  •  jmmn
  • | Joined Nov 2015 | Status: Learning while making money... | 647 Posts
Question, please: What is, among all of them, the LEADING indicator for this system (daily)?

*Is it Heiken Ashi colour ?

* IS it Green/Red cross?


To better explain myself: Would you buy if HA was red or would you sell if HA was green, only following the other indicators (sto + tdi)?

Thanks a lot!!!
  • #74,376
  • Jan 3, 2017 11:05am Jan 3, 2017 11:05am
Hi All,

on GBPJPY 4h would you enter in on the 3rd candle with it being such a strong candle?

the suggested exit is when TDI goes flat or hooks... do you end up just using a set TP instead? in the below example you would hit BE on your trade.


Attached Image (click to enlarge)
Click to Enlarge Name: GJ0103.JPG Size: 281 KB


Thanks,

Eaymon
fxvps dot biz - Low latency, Low Cost & V. Fast FX VPS Servers - free trial
  • #74,377
  • Jan 3, 2017 11:06am Jan 3, 2017 11:06am
Quoting jmmn
Question, please: What is, among all of them, the LEADING indicator for this system (daily)? *Is it Heiken Ashi colour ? * IS it Green/Red cross? To better explain myself: Would you buy if HA was red or would you sell if HA was green, only following the other indicators (sto + tdi)? Thanks a lot!!!
TDI cross first then use HA for confirmation not the other way around.
fxvps dot biz - Low latency, Low Cost & V. Fast FX VPS Servers - free trial
  • #74,378
  • Jan 3, 2017 11:43am Jan 3, 2017 11:43am
two trades...entered on blue line...exited at white line
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDJPYH4--1 3 17.png Size: 31 KB
Click to Enlarge Name: EURUSDH4--1 3 17.png Size: 33 KB
  • #74,379
  • Jan 3, 2017 12:36pm Jan 3, 2017 12:36pm
Hi Guys just for confirmation purposes do you wait for the cross candle to close and then enter on the beginning of a new candle or enter anywhere straight after the cross is seen?

Sorry i am new to this method.

Kind regards,
ROni
  • #74,380
  • Jan 3, 2017 12:39pm Jan 3, 2017 12:39pm
Quoting Roni26
Hi Guys just for confirmation purposes do you wait for the cross candle to close and then enter on the beginning of a new candle or enter anywhere straight after the cross is seen? Sorry i am new to this method. Kind regards, ROni
If there is a significant cross at the first candle we enter the trade. So we do not wait for this candle to close.

May I advise to go some pages back? There you will find one of my posts in which I shared (as many before me did) the PDF's which will explain everything you want to know about this amazing system
First comes knowledge about yourself, then comes a system...
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