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Monitor for 'Trading Made Simple' system 565 replies

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Trading Made Simple

  • #78,441
  • Apr 4, 2017 8:45am Apr 4, 2017 8:45am
Quoting marionetka
{quote} Advise is pay attention on EURUSD.
Pay attention to EURUSD????
No, not that concern with EURUSD.
MN ranging for about 3 month's
W1 ranging for about 104 weeks
D1 ranging for about 581 days
H4 ranging since 26 Mrt 2016 between 1.135352 / 1.084368 / 1.038303
H1 ranging sine chart stop at 26 Mrt 2015. Look at 1.065817
Just wrote a lot of word's that make no sense.
Red news like ECB today. Easy don't trade. The EURUSD is waiting for the French election (something like that) about the Euro.

With this method trade how BigE laid it out.
- TDI give an indication of a possible trade.
- Apply post#647
- Exit on green flat, hook, check mark.

You don't need all the £$%$£ that member's post.
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  • #78,442
  • Apr 4, 2017 9:17am Apr 4, 2017 9:17am
USDJPY H4 TMS ME/ME trades
TDI Cross, heiken ashi change colour and cross on MA as momentum, trades taken and managed by EA
closed last position manual as price approach last low on left
used 0.5x ATR as distance between positions instead of 0.2x that i'm using on D1 for lower risk and 2.5x ATR SL instead of 2x as a trend reversal and volatility can be "stronger" on LTF
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same trades seen on M15
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I noticed you can trade any TF using ME/ME (as low as M15), as ATR is same principle in any TF, just ajusting parameters. I plan to share this Tool(EA) for TMS traders that are adept to ME/ME as Money Management strategy when it's properly foward tested.

my NZDJPY trades on D1 still running, will post results later when I decide to stop trading that trend short on D1
  • #78,443
  • Apr 4, 2017 9:51am Apr 4, 2017 9:51am
Quoting marionetka
{quote} Thanks zMinga. I undersood your attitude. You have the opportunity to enter three more times and increase your TP. But when price runs it your favor, you close trade and open new trade. Do you use SL = 2*ADR or SL = previous sl from previous basket or SL= High Swing?
You are welcome
If you reenter, you should use the trailing SL. A SL which is 2 * ATR100 below highest high since first buy if Long and 2 * ATR100 above lowest low if short.
A candelier stop would be even better: decrease 2 * atr100 each time you Close a trade with win.
  • #78,444
  • Apr 4, 2017 10:05am Apr 4, 2017 10:05am
Quoting zMinga
{quote} You are welcome If you reenter, you should use the trailing SL. A SL which is 2 * ATR100 below highest high since first buy if Long and 2 * ATR100 above lowest low if short. A candelier stop would be even better: decrease 2 * atr100 each time you Close a trade with win.
Thanks your answers.
I have jyst the problem with enters after close basket.
There is no reason to trade if there is no reason to trade.
  • #78,445
  • Apr 4, 2017 10:48am Apr 4, 2017 10:48am
Quoting Kwt4x
{quote} just thinking outside the box, full TDI OnChart. bollinger band 34,2 DodgerBlue 34 SMA Yellow 3 MA, Smoothed, Weighted Close (HLCC/4), Green 5 MA, Smoothed, Weighted Close (HLCC/4), Red Stochastic 8,3,3 H4 {image} H1 {image}

Hi Kwt,

For me personally, maybe others too, it makes more sense to see it on the Chart.
  • #78,446
  • Apr 4, 2017 10:48am Apr 4, 2017 10:48am
Here is my latest D1 trade:
Sell AUDUSD at 0.7605, S/L: 0.7732, T/P: 0.7200

Pros: Lower Highs for the previous candles, TDI Cross below 50 area, Weekly is red (sell).
Cons: Today's candle is sell candle #3, angle could be better.

There is an obvious strong S/R around 0.7500 - 0.7400 area, so this is an additional factor to watch.

The trade is currently in floating +40 pips, I will move stop to B/E once it gets to a 100 pips.

Any [constructive] suggestions / comments are welcome.
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  • #78,447
  • Apr 4, 2017 10:52am Apr 4, 2017 10:52am
Quoting marionetka
{quote} Thanks your answers. I have jyst the problem with enters after close basket.
Visualise entry and ext's. From cross over to cross over. Find an chart that has nice wave's and practices.
It can be done. In this post got the idea right
https://www.forexfactory.com/showthr...37#post9244937
and the trend wrong (Use google translate)
https://www.forexfactory.com/showthr...68#post9245368
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  • #78,448
  • Apr 4, 2017 11:01am Apr 4, 2017 11:01am
Quoting michael_k
Here is my latest D1 trade: Sell AUDUSD at 0.7605, S/L: 0.7732, T/P: 0.7200 Pros: Lower Highs for the previous candles, TDI Cross below 50 area, Weekly is red (sell). Cons: Today's candle is sell candle #3, angle could be better. There is an obvious strong S/R around 0.7500 - 0.7400 area, so this is an additional factor to watch. The trade is currently in floating +40 pips, I will move stop to B/E once it gets to a 100 pips. Any [constructive] suggestions / comments are welcome. {image}
Hi michael.
I have similar enter (but enter on H4 and Sl = 0.76400).

You have excellent Risk/Reward. How do you determine your TP? (it seems that TP is very big)

Thank in advance.
There is no reason to trade if there is no reason to trade.
  • #78,449
  • Apr 4, 2017 11:18am Apr 4, 2017 11:18am
Quoting v2vboni
{quote} Yes small but have a bigger relevance compare with other indicators... TDI is an indicator with RSI at its core ... it just added some extras ; )- RSI is a commonly use indicator. "As long as every new Trader realises this the TDI can play its part in building a bigger picture" -- I totally agree

Hi Vboni,

But essentially when Green crosses Red on the TDI, which is what Eelfranz advocated, we are seeing a MA Cross Over.

Personally, I would rather see the TDI represented as two MAs on my chart.

It makes it far easier to see in terms of what is happening with Price.
  • #78,450
  • Apr 4, 2017 11:32am Apr 4, 2017 11:32am
Quoting stevepatt
{quote} Hi Kwt, For me personally, maybe others too, it makes more sense to see it on the Chart.
true to me too, but missing the 68 and 32 level is a setback to me. I already trained my eye's to identify lower high's and higher low's using the levels. so I guess we can't have it all
"the public is not yet ready for it" W.D. GANN
  • #78,451
  • Apr 4, 2017 12:09pm Apr 4, 2017 12:09pm
Quoting mokuro89
USDJPY H4 TMS ME/ME trades TDI Cross, heiken ashi change colour and cross on MA as momentum, trades taken and managed by EA closed last position manual as price approach last low on left used 0.5x ATR as distance between positions instead of 0.2x that i'm using on D1 for lower risk and 2.5x ATR SL instead of 2x as a trend reversal and volatility can be "stronger" on LTF {image} same trades seen on M15 {image} I noticed you can trade any TF using ME/ME (as low as M15), as ATR is same principle in any TF, just ajusting parameters. I plan to share...
May I ask, if you already have backtested your ea and if the results are positive?
I think an ea which trades lower time frames than the daily, needs to stop when red news are coming.
  • #78,452
  • Apr 4, 2017 2:02pm Apr 4, 2017 2:02pm
Hi Marionetka,

Quoting marionetka
I have similar enter (but enter on H4 and Sl = 0.76400).


Quoting marionetka
You have excellent Risk/Reward. How do you determine your TP? (it seems that TP is very big) Thank in advance.
The R/R will be good if it works out as planned, although I expect it to be closed manually or by the trailing stop. I set my targets fairly far away using the weekly charts but with AU there is an obvious strong support in 0.7200 - 0.7160 area that you can see in the daily chart so I set it at the top border of the support. Will see how it works out as it is too early to tell and it could still go the other way and hit the stop.

Where did you set your TP for your H4 trade?
  • #78,453
  • Edited 4:18pm Apr 4, 2017 2:32pm | Edited 4:18pm
Quoting stevepatt
{quote} Hi Vboni, But essentially when Green crosses Red on the TDI, which is what Eelfranz advocated, we are seeing a MA Cross Over. Personally, I would rather see the TDI represented as two MAs on my chart. It makes it far easier to see in terms of what is happening with Price.
Yes, you or others may look at it as a simple two MAs crossing over, but it wasn't built like that though... in coders perspective ---In my point of view, I just let moving average handle its own cross-overs for such purpose

Anyway, not just Eelfranz (no disrespect)... said "when Green crosses Red..." ---I believe that the original developer of TDI says the same (we don't need to google it -- it is pretty obvious). In my understanding, Eelfranz for me was an aggressively calculated trader that introduced the so called TMS 5 method that was born out of the original TDI system. Yes, he removed some other parts of it or used somewhat different way of using TDI, but still... it remains the core of his TMS method.

A method is a method... thus, it was just natural for him to keep working on to improve TMS by gaining more knowledge... and then make it work even much better than before ---It doesn't mean that some fanatics on this thread needs to stop what he left us to follow... you need to do the same too, doin' some work too in order to improve his method... just like when he was still alive and well. BUT... just don't keep on doing over and over again the same type of curve fitting to Big E's past posted charts.

Just a side note for other fanatic like members here.... You may agree or disagree on this one... IMO, if I am the admin of this thread, I will give exception to Emm... he earned it. Though, he doesn't need such and no admin here to do it anyway... But come on! he keeps helping noobs here and posting more useful information than us here on this thread... not unless you can challenge him and do the same work he's been doing here ; )- I guess not.

On the other hand, it seems the developer of TDI doesn't have a presence here at FF or maybe just lurking or hiding on a different handle and/or just be a discreet member of FF community.
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #78,454
  • Apr 4, 2017 2:32pm Apr 4, 2017 2:32pm
Bias and sentiment weekend or EOD of day Fill sheet. Select from drop down list bullish/bearish, and your important Support/resistance levels + reasons for trade and risks for each currency traded.

Attached Image (click to enlarge)
Click to Enlarge Name: 2017-04-04_19h24_08.png Size: 72 KB




Attached File(s)
File Type: xlsx Bias Currency pairs.xlsx   12 KB | 388 downloads




Edit and share as you wish.
It's in fear when people show what they truly value.
  • #78,455
  • Apr 4, 2017 3:09pm Apr 4, 2017 3:09pm
PIps to been made tonight
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  • #78,456
  • Apr 4, 2017 4:04pm Apr 4, 2017 4:04pm
Quoting michael_k
Hi Marionetka, {quote} {quote} The R/R will be good if it works out as planned, although I expect it to be closed manually or by the trailing stop. I set my targets fairly far away using the weekly charts but with AU there is an obvious strong support in 0.7200 - 0.7160 area that you can see in the daily chart so I set it at the top border of the support. Will see how it works out as it is too early to tell and it could still go the other way and hit the stop. Where did you set your TP for your H4 trade?
Hi.
I use three RL as TP. I will fix part of the position on this levels. And small part of the position would be remain with TP = 0.71800.
I don't leave open positions for the weekend (leave only enters on D1), so my TP is usually less than 100% Average Weekly Range 52.
Attached Image (click to enlarge)
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But if these levels (probably TP) will be broken I will can build new position on H4 with smaller SL than D1.
There is no reason to trade if there is no reason to trade.
  • #78,457
  • Apr 4, 2017 4:29pm Apr 4, 2017 4:29pm
EURAUD trade (SE/SE) at the opening of new candle (broker FXCM 10:00 GMT)
Comments / Suggestions will be higly appreciated.
Same trade showing PAC and 5EMA+3
Attached Image(s) (click to enlarge)
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  • #78,458
  • Apr 4, 2017 4:30pm Apr 4, 2017 4:30pm
Quoting zMinga
{quote} May I ask, if you already have backtested your ea and if the results are positive? I think an ea which trades lower time frames than the daily, needs to stop when red news are coming.
hi zMinga It's a TOOL in form of EA, It's not supposed to be running alone all the time and taking decisions, It's supposed to be used in a specific market trending condition and manage the orders once the trader decide where to start (Setup candle, Continuation etc, in this case I decided to trade that setup on H4) and where to stop. This way we can spend our times more efficiently on what really matters that is the Analysis of the chart, deciding Wich TDI cross should or should not be traded (see this post 647), instead of spending time making endless calculations of where is the perfect entry point,TDI angle, etc... all is predefined and parametrizated according to the trader taste

but yes I've made some full automatic tests in this post but do not advice to trade it in full automatic as it does not "see" what a trader can see, S/R areas etc
and this is the no-automatic samples taken on TMS D1 Setup candles and run on the "trend".
Now I'm fowarding test as backtest means amost nothing because there is no way of backtesting the relative DD, margin, the spread, the Swap and the emotions of where to exit with loss. Fowarding test should take a least some months and is the only way to go. For now, the tests continue
  • #78,459
  • Edited 4:54pm Apr 4, 2017 4:33pm | Edited 4:54pm
Quoting Malony
{quote} So you saying take care the E/U will go up or down. Great. Again me dont want any signals from you. But an experienced trader like you claim to be, can share his thougts BEFORE something will happen. Nobody should trade this live. If you cant predict price more often than you wrong, than one should quit trading thats the whole game. I guess you have no clue. And another guess, you never wanted to open a thread by you own, but said the opposite. What should one think about you? Yes you can draw some nice charts and link other peoples stuff....
LOL
There are so many talking heads on FF and other websites who basically tell you that price could go up on it could go down without proof, it is a joke.
They are the same people who post a hindsight trades and say 'I told you it would go that way' when price goes in one way or another.
Trade what you see and not what someone else who professes to be better than you thinks they see.
Post some charts, good or bad, and genuine people without a hidden agenda will give unbiased advice or opinions.
Never argue with a fool; onlookers may not be able to tell the difference.
  • #78,460
  • Apr 4, 2017 5:27pm Apr 4, 2017 5:27pm
Quoting mazibee
EURAUD trade (SE/SE) at the opening of new candle (broker FXCM 10:00 GMT) Comments / Suggestions will be higly appreciated. Same trade showing PAC and 5EMA+3 {image} {image}

Nice one!

If this run up well the next few days, I will make my 10% in less than 20-trading days cycle....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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