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Trading Made Simple

  • #77,801
  • Mar 18, 2017 6:49am Mar 18, 2017 6:49am
Quoting heispark
{quote} If i remember correctly, that pivot (with different name) was included in her chart package she shared in FF nearly from the begining. You still can see it from her charts posted. People in her thread didn't pay much attention to this weekly pivot until Davit started using it in Likika's thread. I think she's quiet because now she prefers Facebook to FF.... Or just sick and tired of answering the same question again and again in her thread....
Hi heispark
I find your comments on this thread rather unnecessary and falsly applying I copied pivot indi or concept from Likica
This is not true at all.When I joined or starting posting TMS30 I already was trading pivots and the idea was not from her!!!!
Post 11747 1st I talked about it.
You can see my chart and do please look all her previous posts and charts what you think is weekly pivot she actually used weekly high low indicator
Just wanted to clarify this since you mentioned more then once here.

Lot of traders are using my indicator since then on that thread.Its just a fact.
I seriously ask you guys to stop talking about pivots in reference to me on this thread.Its getting comical.Focus on TMS
I don't talk about TMS on my thread at all or care for it or talk about any other method or indicators on my thread and I banned people violating this because I don't want my thread ending up like TMS here! Its like coffee house gossip channel.,Move on focus why you post on this thread TMS!
thank you
Attached Image
In trading, you have to be defensive and aggressive at the same time
  • #77,802
  • Mar 18, 2017 6:52am Mar 18, 2017 6:52am
Quoting brian661
{quote} I use cTrader for trade and MT4 for charting And my reason for me to enter the trade is here: https://www.forexfactory.com/showthr...59#post9678559 I add mutli chart frame in my previous screenshot because for my previous lose trade, others recommend me to confirm with higher time frame Thanks is advance {image}
The simple answer is resistance and consolidation. Although difficult to read your chart clearly.
Look back at all the previous candles that have upper wicks. That shows that price tried to go up but stopped. You basically traded into resistance. Also look at the last couple of highs on the green TDI and where they stopped.
To take a trade like that you need to wait for a breakout north or south and the TDI was not showing that that was going to happen.
Never argue with a fool; onlookers may not be able to tell the difference.
  • #77,803
  • Mar 18, 2017 6:54am Mar 18, 2017 6:54am
Before I take my absence and go back to the 15 min threads I like to say Emm. was badly treated by those who criticised him lately..form what I see from his posts and charts,he has always follow this method..his introduction of me/me was to protect himself when trading htf like the weekly. Big E never liked trading the daily for fear of the pullback and on a daily the pips can be quite substantial, can you imagine what it's like on a weekly. Emm. is a pretty smart dude and so he came out with me/me..Pivot guru does not understand this and will buy from R38-R200 and beyond while keeping a mental stop..He does not know the saying "that the market can remain irrational far longer than you can remain solvent"so please don't talk bullshit like edge...coming back to emm. , price did not perform as he would like with his e/a trade but he stuck to the method but on the weekly...he had to implement his me/me in this case and was able to save his neck..of course it would be wonderful if price had gone his way from the start where he will be scaling and adding following the trend of which he does.He follows the trend all the time and his trading revolves around this....so guys please try to understand what he's doing and give him the respect he deserves....safe pippin'
the cautious seldom err....C
  • #77,804
  • Mar 18, 2017 6:58am Mar 18, 2017 6:58am
I just saw the post above ..that guru came in and claimed he started first...who cares?
the cautious seldom err....C
  • #77,805
  • Edited 8:20am Mar 18, 2017 7:41am | Edited 8:20am
Quoting Davit
{quote} Hi heispark I find your comments on this thread rather unnecessary and falsly applying I copied pivot indi or concept from Likica This is not true at all.When I joined or starting posting TMS30 I already was trading pivots and the idea was not from her!!!! Post 11747 1st I talked about it. You can see my chart and do please look all her previous posts and charts what you think is weekly pivot she actually used weekly high low indicator Just wanted to clarify this...
I think my memory is correct: https://www.forexfactory.com/showthr...05#post8113905
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You didn't copy it from Likica. You just didn't know she was already using it. Who started using this first is not important. Your application of this pivot is unique and everybody know that.
Anyway, I won't mention your name anymore in FF.
Thanks,
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #77,806
  • Edited 10:39am Mar 18, 2017 8:27am | Edited 10:39am
Quoting pips29
Before I take my absence and go back to the 15 min threads I like to say Emm. was badly treated by those who criticised him lately..form what I see from his posts and charts,he has always follow this method..his introduction of me/me was to protect himself when trading htf like the weekly. Big E never liked trading the daily for fear of the pullback and on a daily the pips can be quite substantial, can you imagine what it's like on a weekly. Emm. is a pretty smart dude and so he came out with me/me..Pivot guru does not understand this and will buy...
Pips
Question: How many negative post's would be not been posted did every member adhere to the OP wish not to add or change this method or discuss other method's?
Answer: Who care's. He is d__d and I can do What I want, When I want, How I want.
  • #77,807
  • Mar 18, 2017 11:50am Mar 18, 2017 11:50am
Answer: Who care's. He is d__d and I can do What I want, When I want, How I want.


There you are folks.......Tekkies in a nut shell..... What I want, When I want, and How I want.

Probably a nice guy...........

but I damn sure don't want him for a wing man

Frank
  • #77,808
  • Mar 18, 2017 11:53am Mar 18, 2017 11:53am
This Thread has become a cesspool.
True Grit!
  • #77,809
  • Edited 4:05pm Mar 18, 2017 1:45pm | Edited 4:05pm
Quoting Frank0
Answer: Who care's. He is d__d and I can do What I want, When I want, How I want. There you are folks.......Tekkies in a nut shell..... What I want, When I want, and How I want. Probably a nice guy........... but I damn sure don't want him for a wing man Frank
You want some? Come get some!
FrankO what is the purpose of that post?
Read these post's, try and understand what is written.
It is going to be painful, for the little intelligence in possession will be stress to the utmost. You really have to try.
https://www.forexfactory.com/showthr...73#post9678573
https://www.forexfactory.com/showthr...66#post9678666
  • #77,810
  • Edited Mar 19, 2017 11:11am Mar 18, 2017 3:40pm | Edited Mar 19, 2017 11:11am
As stated Faatkumo here is the chart.
Your question is where to place S/L on chart.
post#53 - high or low a couple of candles back #495 - S/L at last HH or LL.
Change the chart to Line Chart and draw the HH / LL. Notice that HH / LL is where Support and Resistance level's(S/R) are.
What is the difference?
HH / LL stay the same.
S/R - Price can bounce against those level's, change direction or break through = forming new HH / LL candles.
Little homework:
Notice the ? and yellow ring's. Will you close the trade or outsmart the flat green?
Keep it simple.
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  • #77,811
  • Mar 18, 2017 5:14pm Mar 18, 2017 5:14pm
Quoting pips29
Before I take my absence and go back to the 15 min threads I like to say Emm. was badly treated by those who criticised him lately..form what I see from his posts and charts,he has always follow this method..his introduction of me/me was to protect himself when trading htf like the weekly. Big E never liked trading the daily for fear of the pullback and on a daily the pips can be quite substantial, can you imagine what it's like on a weekly. Emm. is a pretty smart dude and so he came out with me/me..Pivot guru does not understand this and will buy...

In fact Emmanuel doesn't deserve any respect....those who want respect, give respect. Emmanuel has just trashed this thread by ignoring Big E's wishes to not add indicators and to not alter HIS method. Others have shown respect and gone on to open their own threads with their own adaptation of TMS, and those are the people who deserve the respect, because they have the courage to strike out on their own and not to remain here and destroy a great mans legacy. If Emmanuel wanted respect, she should have shown respect to the wishes of the owner of this thread.

It has been said, and will continue to be said by newbies that it's 'fine to adapt and improve the system...etc etc" and I would be the first to agree with that.....but.....that MUST be done in another thread because to not do so is against the express written wishes of the late eelfranz and shows great disrespect.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #77,812
  • Mar 18, 2017 5:42pm Mar 18, 2017 5:42pm
Damn is emmanuel a female?
Quoting realjumper
{quote} In fact Emmanuel doesn't deserve any respect....those who want respect, give respect. Emmanuel has just trashed this thread by ignoring Big E's wishes to not add indicators and to not alter HIS method. Others have shown respect and gone on to open their own threads with their own adaptation of TMS, and those are the people who deserve the respect, because they have the courage to strike out on their own and not to remain here and destroy a great mans legacy. If Emmanuel wanted respect, she should have shown respect to the wishes of the owner...
  • #77,813
  • Mar 18, 2017 10:59pm Mar 18, 2017 10:59pm
hello everyone,

I have a question! i haven't read the whole thread so it might sound ridiculous but anyway..

when you've entered a trade according to the system and you are in profit, but there is going to be a news announcement few minutes later...

do you lock in the profit and get out of the trade right before the announcement????? or stay in the trade regardless of the news...

by the way i am using 4hr timeframe..

i would appreciate your advice..
  • #77,814
  • Mar 18, 2017 11:58pm Mar 18, 2017 11:58pm
Thanks so much man!!!



Quoting Tekkies
As stated Faatkumo here is the chart. Your question is where to place S/L on chart. post#53 - high or low a couple of candles back #495 - S/L at last HH or LL. Change the chart to Line Chart and draw the HH / LL. Notice that HH / LL is where Support and Resistance level's(S/R) are. What is the difference? HH / LL stay the same. S/R - Price can bounds against those level's and change direction or break through those level's = forming new HH / LL candles. Little homework: Notice the ? and yellow ring's. Will you close the trade or outsmart the flat...
  • #77,815
  • Mar 19, 2017 3:17am Mar 19, 2017 3:17am
March 13th, 2017 - March 17th, 2017 Review for AUDUSD H4
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Reviewing the 4 hour chart on the TMS system, we see that if we followed the rules, we could have netted 188 pips. There were two good entries at the beginning of the week and two false entries toward the end of the week. Lets start with the good entries first and then talk about why we wouldn't have entered trades later into the week.

- On March 13th at 1PM PST, there is a strong TDI entry cross with stochastics in agreement and if we look further back, we would see us being near a resistance level from the previous week (not shown in chart). However, the candles are small. The challenge here would have been to exit at the appropriate time. Had we deduced that small candles indicated a weak reversal, we might have done well here. Had we entered this bearish trade, we would have gone home with 30 pips on March 14th at 5PM PST.

- On March 14th 9AM PST, there was the trade of the week and a perfect entry would have netted you 158 pips. The challenge with this trade is the fake out that occurs immediately after the entry signal. Had we set a stop loss at the last red candle and rode out the wave, we would have been very happy. However just riding the wave doesn't tell us when to take profit. For the higher time frame, a 1:3 risk reward ratio is not a bad place to start. We would have put a stop loss at 33 pips and went for a 99 pip profit. Doesn't sound too bad to me.

- For the March 16th entry, if you looked at the preceding stochastic, you see a lack of strength (yellow line), which suggest we should be cautious with that entry. There was only a 10 pip potential of profit there.

- For the March 17th entry, you can see a weak TDI cross as well as a weak stochastic. The lack of strong indicators suggests skipping this trade is a good idea.
  • #77,816
  • Mar 19, 2017 5:29am Mar 19, 2017 5:29am
I've been testing this strategy and I found by adding a 20EMA to the chart I've avoided taking losing trades. If the price has crossed the 5EMA and the TDI is set up as per the rules BUT the price has not crossed the 20EMA, I don't take the trade. Please see the screen shot of entries and exits below on GBPUSD 4h. I thought this may be useful.
https://www.forexfactory.com/attachm...1&d=1489919133
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  • #77,817
  • Mar 19, 2017 5:54am Mar 19, 2017 5:54am
I forgot to mention the red support and resistance lines are from the daily chart which I use as exit points
  • #77,818
  • Mar 19, 2017 11:27am Mar 19, 2017 11:27am
Quoting swc
I've been testing this strategy and I found by adding a 20EMA to the chart I've avoided taking losing trades. If the price has crossed the 5EMA and the TDI is set up as per the rules BUT the price has not crossed the 20EMA, I don't take the trade. Please see the screen shot of entries and exits below on GBPUSD 4h. I thought this may be useful. https://www.forexfactory.com/attachm...1&d=1489919133 {image}
in my opinion this is a good variation to the original system and if it suits u better and keeps u out of some loosing trades ur on a good way to create ur unique trading system that suits u best.

I have also changed some things for me, better said i've taken some parts from TMS and some from other trading systems to find something that works for me. I dont post it here because obviously here are some narrow minded members active in this thread trying to stop others to think ouside the box.
Achieving your goals is only a matter of mental strength
  • #77,819
  • Mar 19, 2017 12:56pm Mar 19, 2017 12:56pm
Quoting kih20633
hello everyone, I have a question! i haven't read the whole thread so it might sound ridiculous but anyway.. when you've entered a trade according to the system and you are in profit, but there is going to be a news announcement few minutes later... do you lock in the profit and get out of the trade right before the announcement????? or stay in the trade regardless of the news... by the way i am using 4hr timeframe.. i would appreciate your advice..
Trade in profi?. Move stop loss closer to the price line. Make sure the stop loss is placed on the broker's server. (hard stop loss?). That way when the market move's against the order only the pips are lost between the stop loss and price line. Do the price move with the order a lot of pip's will go your way. Read a few webpage where a trader did that and the stop loss have not been activated. When the trader complained the broker's replay was that due to the volatility of the market and the amount of trade's received the order could not be filled when the price moved past the stop loss. With red flag new's don't trade. NFP will wipe the floor with the account when placed wrong.
Almost paid the piper his due's in this post:https://www.forexfactory.com/showthr...76#post9669576
  • #77,820
  • Mar 19, 2017 1:10pm Mar 19, 2017 1:10pm
Quoting swc
I've been testing this strategy and I found by adding a 20EMA to the chart I've avoided taking losing trades. If the price has crossed the 5EMA and the TDI is set up as per the rules BUT the price has not crossed the 20EMA, I don't take the trade. Please see the screen shot of entries and exits below on GBPUSD 4h. I thought this may be useful. https://www.forexfactory.com/attachm...1&d=1489919133 {image}
75 Pip and 65 Pip trade look good, but the TMS rules don't have an entry for the 115 Pip. Why did you enter then?
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