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Monitor for 'Trading Made Simple' system 565 replies

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Trading Made Simple

  • #75,801
  • Feb 10, 2017 11:07am Feb 10, 2017 11:07am
Hi

I have a little question about a phrase f'rom the PDF Emanuel created and which was kindly uploaded here few posts ago.

THis is the extract:
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 37 KB


I understand what you mean by the TMS 4H setups but what do you mean by PASR setups? Is this the Parabolic SAR you use and/or another indicator? And what would those settings be?

Thank you for this great work you did in the PDF

Jan
First comes knowledge about yourself, then comes a system...
  • #75,802
  • Feb 10, 2017 11:18am Feb 10, 2017 11:18am
Quoting JanCeulemans
Hi I have a little question about a phrase f'rom the PDF Emanuel created and which was kindly uploaded here few posts ago. THis is the extract: Screenshot1.png;2183045 I understand what you mean by the TMS 4H setups but what do you mean by PASR setups? Is this the Parabolic SAR you use and/or another indicator? And what would those settings be? Thank you for this great work you did in the PDF Jan {image}
Hi JanCeulemans, PASR is Price Action at Support/Resistance
  • #75,803
  • Feb 10, 2017 12:21pm Feb 10, 2017 12:21pm
Quoting mokuro89
{quote} Hi JanCeulemans, PASR is Price Action at Support/Resistance
Aaah Ok. Thanks for clarifying Now everything is clear

Jan
First comes knowledge about yourself, then comes a system...
  • #75,804
  • Feb 10, 2017 2:23pm Feb 10, 2017 2:23pm
Hello, i do not post here to much often , but i am reading every post here few months and trying to learn . I wannt to thx u all seniors traders for teach us and spend your time with all answers and full explication. Really BIG THANKS!!! And if u will arrange some lounge group i will be very greatful and happy. Nice weekend to all.
  • #75,805
  • Feb 10, 2017 4:40pm Feb 10, 2017 4:40pm
Do any of the TDI indicators alert when the TDI is over bought/oversold ?
I've checked a number of those in the paperclip and the alerts only seem to be for red/green crosses.

thanks Stan
  • #75,806
  • Feb 10, 2017 5:47pm Feb 10, 2017 5:47pm
Emmanuel,do u use Ema10 or Ema5 shift3 on Weekly and Daily charts for trend? I have readed some your old post and I've seen Ema5 shift3 on Weekly chart.
What are difference between them?
Thx
Mi odino pure, purche' mi temano. (Gaio Cesare Germanico Caligola)
  • #75,807
  • Feb 10, 2017 7:42pm Feb 10, 2017 7:42pm
Quoting frenchy.fx
{quote} I will read the Big E full.pdf agian Thanks for the response.

reading those Big E pdfs will not be enough to turn you into a trader.
you need to practice in live market and you will learn much more about trading and you will also learn about yourself.
how long do you need to practice? that is different for different people. I would say 3 to 5 years is a good length of time to learn and put into live market practice.

Big E mentioned many things in all his 1485 posts here in FF. He also did not mention many other things about trading the market.
If we take each of his post like one piece of a big puzzle and complete the 1485 pieces of puzzle ,
will we see the picture?
what picture do you see or expect to see?
there are many missing pieces and the reason why some many traders failed to make money trading the 5-Method with TDI entry and exit.

the puzzle is missing another 6,000 pieces.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #75,808
  • Feb 10, 2017 7:46pm Feb 10, 2017 7:46pm
Quoting Pretoriano
Emmanuel,do u use Ema10 or Ema5 shift3 on Weekly and Daily charts for trend? I have readed some your old post and I've seen Ema5 shift3 on Weekly chart. What are difference between them? Thx

1) NO. Do not use any moving average for trend determination in this 5-Method.

2) Only use the 5EMA, Typical Price, Shift+3 on your trading chart timeframe.

2) 10EMA is not part of the 5-Method. I use that only for top down analysis to do my Big Picture Plan.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #75,809
  • Feb 10, 2017 7:48pm Feb 10, 2017 7:48pm
Quoting JanCeulemans
{quote} Aaah Ok. Thanks for clarifying Now everything is clear Jan

learn about PASR from the professional like strat

http://www.forexfactory.com/strat

follow his THE PATH,

then apply those price action candlestick pattern when you trade the 5-Method.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #75,810
  • Feb 10, 2017 8:04pm Feb 10, 2017 8:04pm
To all GOLD traders:

we saw a bearish day on Feb9 and took out all the buyers using the previous 2-days low trailing stops, but yesterday the 10EMA did the support to defend longer term buyers.

next week 07 still favour buyers.
1249 is still my slightly longer target on my radar.

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD Week 06 closing.png Size: 138 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #75,811
  • Feb 11, 2017 1:56pm Feb 11, 2017 1:56pm
Guys,your support/resistence are traced by hand or do u use any indicator? Because isn't simple to draw every single support/resistence. We can forgetting someone. I'm not talking about pivot poins,fibonacci etc.etc

Thank you,see u
Mi odino pure, purche' mi temano. (Gaio Cesare Germanico Caligola)
  • #75,812
  • Feb 11, 2017 3:14pm Feb 11, 2017 3:14pm
Hi guys!

Since I am new to the system, can someone pls tell me if we still follow the system exactly as eelfranz stated at the first post, and Numb3rs put together as a pdf file on post #713?

Also can someone pls tell me if the TDI Red Green indicator repaints?

Thanks in advance!
  • #75,813
  • Feb 11, 2017 5:00pm Feb 11, 2017 5:00pm
Quoting Pretoriano
Guys,your support/resistence are traced by hand or do u use any indicator? Because isn't simple to draw every single support/resistence. We can forgetting someone. I'm not talking about pivot poins,fibonacci etc.etc Thank you,see u
Hand drawing the support and resistance lines is the best way in understanding what price action levels have a history of repeating to support or reject the pair. This line should be drawn in a thicker line colour. I always review these levels during a basket trade. It only takes ten minutes per pair and helps you to focus on the current action.
Trading thin liquidity at the boundary of the charts
  • #75,814
  • Feb 12, 2017 12:48am Feb 12, 2017 12:48am
Hello everyone,
this is my plan for next week.
Hope some comments from you.

1. long AUDCHF
broke weekly resistance last week
Will wait for some retrace and enter above 0.767

2. short EURUSD
closed below brevious weekly support with wicks
will try to short with a tighter stop loss

3. short NZDUSD
broke upward chaanel and support, with good TDI angle
Attached Image(s) (click to enlarge)
Click to Enlarge Name: cT_cs_8106042_AUDCHF_2017-02-12_15-30-32.png Size: 46 KB
Click to Enlarge Name: cT_cs_8106042_EURUSD_2017-02-12_15-42-40.png Size: 47 KB
Click to Enlarge Name: cT_cs_8106042_NZDUSD_2017-02-12_15-46-57.png Size: 60 KB
  • #75,815
  • Feb 12, 2017 3:33am Feb 12, 2017 3:33am
Quoting emmanuel7788
Quoting okoso
{quote} .... Back to the chart now. Interestingly, there are 4 MN swing levels on my chart and all D1 candles closed across them were big ones. The question is how do we take advantage of it?... Hi Okoso, you are getting very close to know what I know.... Those MN price swing levels are MN Line Chart. this you all must know by now. Just imagine you are trading the MN Line Chart, what do you do see when the price makes opposite move, what happen to the Line Chart (the close price)? you know where the MN historical
...
Hello Emmanuel,

I'm a little bit confused from the above I understand it correctly that we are looking for setups where we are in front of a monthly line?
So the overall trend could push us through the line (the probability is higher if we are dealing with the overall trend)?
So we could build with MEME a position before the monthly line, and if the price does not break the line we close a part of the position and wait with a small position if the line is still broken?
But if the line is broken then you could rebuild a MEME position after the big candle, often the price will retrace back to the line so that a new build would be possible...

regards Thorsten
  • #75,816
  • Feb 12, 2017 3:38am Feb 12, 2017 3:38am
Hi Traders,

Where is the Link to download the TDI onto my FXCM Marketscope 2.0 please?
Thanks.
Regards,
Vincenzo.
  • #75,817
  • Feb 12, 2017 4:01am Feb 12, 2017 4:01am
Quoting RickM
{quote} Hand drawing the support and resistance lines is the best way in understanding what price action levels have a history of repeating to support or reject the pair. This line should be drawn in a thicker line colour. I always review these levels during a basket trade. It only takes ten minutes per pair and helps you to focus on the current action.
But how long back do u watch on Monthly and Weekly charts for draw support and resistence lines? This is the problem,i can't have 30/40 lines on my charts
Mi odino pure, purche' mi temano. (Gaio Cesare Germanico Caligola)
  • #75,818
  • Feb 12, 2017 4:24am Feb 12, 2017 4:24am
Quoting brian661
Hello everyone, this is my plan for next week. Hope some comments from you. 1. long AUDCHF broke weekly resistance last week Will wait for some retrace and enter above 0.767 2. short EURUSD closed below brevious weekly support with wicks will try to short with a tighter stop loss 3. short NZDUSD broke upward chaanel and support, with good TDI angle {image} {image} {image}
i have opened same positions and few more . I am using dashboard Mtf with few more indicators and they are saying buy for aud/chf and Sell for nzd/usd and e/u . Let's see if today referendum in Switzerland will have any impact it's about the bank systems I think that will have impact if they vote for YES than Switzerland will be less attractive for big companies .
You attract what you think in any area of life, relationships and trading!
  • #75,819
  • Feb 12, 2017 4:49am Feb 12, 2017 4:49am
Quoting vincenzo123
Hi Traders, Where is the Link to download the TDI onto my FXCM Marketscope 2.0 please? Thanks. Regards, Vincenzo.

you can download from the Marketscope users forum:

http://fxcodebase.com/code/viewtopic.php?f=17&t=2069
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #75,820
  • Feb 12, 2017 4:54am Feb 12, 2017 4:54am
Use three timeframes, it is better than just one timeframe.

Did Big E use three timeframes when he trade?
Of course he did. If he did not, how would he know what the short term and long term trend before he take a TDI trade.

Read FXTraderMagazine Jan-mar 2017 issue, pages 52 to 54.

http://www.fxtradermagazine.com/online-edition.php

know the Rule of 5 and apply this simple rule when you trade this TMS 5-Method.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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