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Monitor for 'Trading Made Simple' system 565 replies

Trading Made Simple the right way, and other trading lessons 334 replies

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Trading Made Simple

  • #80,281
  • Jun 16, 2017 6:14am Jun 16, 2017 6:14am
Quoting Tekkies
{quote} Mattse use any of this indicator's 1. It give's early warning of a possible cross on Bar 0. The arrow will disappear on rebound. Once the cross is finalized on Bar 1 the arrow will stay put. {file} 2. It is based only RSI {file} How it is done {image} 3. BigE's way use the indicator's in post#25 4. Zip file in Dimi.A's post. Follow the advice in that post. You will find that it work in a very profitable way. https://www.forexfactory.com/showthr...91#post8673591 What to practise post#647 {file} {file} Be carefull this...
Thanks a lot, for your support also you Kiki !!

The post#647 is TMS Gospel, I have to print it and stick it front my monitor !!!

I'll try it
  • #80,282
  • Jun 16, 2017 6:32am Jun 16, 2017 6:32am
Quoting GodfatherSam
Forex Trading is easy for those, who acquires proper amount of knowledge and experience and skills. All you need to know that if you wanna become successful, learning is the key to become successful.
I agree with you ;-)
  • #80,283
  • Jun 16, 2017 6:38am Jun 16, 2017 6:38am
Quoting kiki215fr
{quote} This is not an indicator! This is a monitoring EA that display all necessary information to trade the TMS system. When you pick a signal on this monitor you need to go to a normal TMS chart and make your investigation before you decide to trade the signal.
Which indicator are you talking about?
  • #80,284
  • Jun 16, 2017 7:12am Jun 16, 2017 7:12am
Quoting Tekkies
{quote} Which indicator are you talking about?
About TMS Monitor Recommendation that I posted earlier.It was for Mattse sorry
  • #80,285
  • Edited 7:53am Jun 16, 2017 7:28am | Edited 7:53am
Take the EUR for example
Daily bearish
4HA cross going up
Bearish cross on the one hour
Can it bounce for sakes?
  • #80,286
  • Jun 16, 2017 8:09am Jun 16, 2017 8:09am
Quoting GodfatherSam
Forex Trading is easy for those, who acquires proper amount of knowledge and experience and skills. All you need to know that if you wanna become successful, learning is the key to become successful.
Nice words however there is nothing easy about trading the Retail forex market. As we are human (mostly unless you are a robot) it can be sooooo hard to follow a well designed trading plan sometimes for some unknown reason. There can will be a big tuition fee to gain this experience, and lots of time away from family and friends to obtain these skills. Almost all traders here will have blown a small trading account or two along the way in acquiring this TRADING EDGE.
I would guess around $2K and around 3000 hours of your time to MAKE IT would be my guess. But, its bloody addictive this Forex Trading isn't it.
Trading thin liquidity at the boundary of the charts
  • #80,287
  • Jun 16, 2017 8:12am Jun 16, 2017 8:12am
Quoting SimpleJack
Take the EUR for example Daily bearish 4HA cross going up Bearish cross on the one hour Can it bounce for sakes?
Hi SimpleJack,
Exactly I agree with you 1000%
but on that particular moment, I saw everythιnk vice versa

Thats why I follow this forum,
1. Good company
2. Gain experiance
3. Built good habits

I have lost gazzilions at demo accounts and a few euros in my real account
  • #80,288
  • Jun 16, 2017 8:22am Jun 16, 2017 8:22am
Nice Bearish Day trend occurring with EURAUD. Looking like there will be more good trades next week due to the weakening of the EUR and good strengthening of the AU. My pick for next week.
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD.png Size: 170 KB
Trading thin liquidity at the boundary of the charts
  • #80,289
  • Edited 9:04am Jun 16, 2017 8:38am | Edited 9:04am
Lets just see how far this EURAUD will run. I switch over to Chart B which has no TDI, just raw candles and the 5EMA+3. I will add extra trades along the way and exit on a cross of the 5EMA+3. See also in the second chart. My exit strategy also allows me to exit position if a price action candle like the engulfing Day candles in grey occur. I will exit my positions straight away. My exit strategy can at times throw away a few pips at times but it gives the position a chance to breath, to rake in quite a lot of pips very often. WE need these big wins to make up for a few losses that occur in this game.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURAUD B.png Size: 166 KB
Click to Enlarge Name: EURAUD C.png Size: 91 KB
Trading thin liquidity at the boundary of the charts
  • #80,290
  • Edited 10:51am Jun 16, 2017 9:37am | Edited 10:51am
Quoting RickM
Lets just see how far this EURAUD will run. I switch over to Chart B which has no TDI, just raw candles and the 5EMA+3. I will add extra trades along the way and exit on a cross of the 5EMA+3. See also in the second chart. My exit strategy also allows me to exit position if a price action candle like the engulfing Day candles in grey occur. I will exit my positions straight away. My exit strategy can at times throw away a few pips at times but it gives the position a chance to breath, to rake in quite a lot of pips very often. WE need these big...
Are you compine woodies pattern(yellow dots Chart B) with TMS ??

Edit: Do you combine woodies pattern(yellow dots Chart B) with TMS ?? (sorry for my English)
  • #80,291
  • Jun 16, 2017 12:44pm Jun 16, 2017 12:44pm
EU has been in consolidation since 2-22. there was a false breakout on the 30th that
created a support line just above 1.11000. The breakout on 6-15 shows a good TDI but the
TDI isn't everything. 6-15 bar closed below 1.11500 and above monthly SR 1.11386.

Some are going to take that close short based on the quality of the TDI. OK....but
there is strong support. not much room to gain profits.

I put EU on my watch list on 6-6, it's still on the list for a short at a close below
1.11000. I'LL consulte TDI for conformation.
Tgt is 1.07780 which is a gap that might be filled.

https://www.forexfactory.com/attachm...5&d=1497635032

https://www.forexfactory.com/attachm...2&d=1497623321
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-d1-forex-capital-markets-4.png Size: 21 KB
  • #80,292
  • Jun 16, 2017 1:05pm Jun 16, 2017 1:05pm
CADJPY next week LONG
Hakuna Matata
  • #80,293
  • Jun 16, 2017 5:09pm Jun 16, 2017 5:09pm
Quoting emmanuel7788
{quote} When you trade D1, check what the Weekly W1 market condition is. It is in consolidation seen with the W1 Inside Bar, and D1 is obvious with those many small bar/candles. so we wait for the market to move then we follow.
Emmanuel7788:

I read all your posts everyday just to see Gems like this!.

Best to you.
  • #80,294
  • Jun 18, 2017 1:59am Jun 18, 2017 1:59am
Quoting bodal
{quote} Thank you very much for your answer. If I may ask another question : according to you how successfull are TDI golden crosses (as you said that these golden crosses were generally successful but how much in % 60% of the times , 75% , 85% ?) ? Thank in advance for your answer.

Do not trade simply with the TDI Golden Cross. What is more important is the PA and S/R.
If you use the PAC entry approach with the TDI Moderate mode, the win rate for my trading pairs is between 42 % to 53%. This win rate is good enough considering the pip range from entry to exit using the Ha candle change colour.
You don't need win rate of 70% to 80%.

Look at the EU chart below. Do you see the TDI Golden Cross? It is visual.
Look at the setup using the Ha close above and below the PAC with TDI Moderate mode.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Week 24 W1 POMO.png Size: 90 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #80,295
  • Jun 18, 2017 2:03am Jun 18, 2017 2:03am
Quoting Mattse
{quote} Are you compine woodies pattern(yellow dots Chart B) with TMS ?? Edit: Do you combine woodies pattern(yellow dots Chart B) with TMS ?? (sorry for my English)

Those yellow dots '2' are Inside bar/candle, one of several PA bar patterns we can trade with the 5-Method.

see this post for that indicator:

https://www.forexfactory.com/showthr...20#post7802220
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #80,296
  • Jun 18, 2017 2:11am Jun 18, 2017 2:11am
Quoting krismitt
{quote} Emmanuel7788: I read all your posts everyday just to see Gems like this!. Best to you.

Hi,

I see you have new thread started. I dont have much time to read your thread while I am still having my summer vacation break till end June.

Anyway, here is AUDUSD Big Picture for next week' trading.

AU is sideways now at the BRN 0.7600 so the next move can happen next week or the following week.

MN BPP below, we have several resistance above current price action.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Week 25 MN BPP June 19.png Size: 31 KB


In the W1 chart below, we see consecutive bullish weeks.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Week 25 W1 BPP June 19.png Size: 30 KB


In the D1 BPP below, we see Double Inside Bars pattern. No guarantee there will be breakout of the D1 Mother Bar/WRB and this sideways condition may persist for days.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Week 25 D1PP June 19.png Size: 43 KB


What is possible is to trade the lower TFs H4 and H1 until we see a breakout of the D1 DIBs.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Week 25 H4 POMO.png Size: 55 KB


Trade Well.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #80,297
  • Jun 18, 2017 2:16am Jun 18, 2017 2:16am
Quoting Frank0
EU has been in consolidation since 2-22. there was a false breakout on the 30th that created a support line just above 1.11000. The breakout on 6-15 shows a good TDI but the TDI isn't everything. 6-15 bar closed below 1.11500 and above monthly SR 1.11386. Some are going to take that close short based on the quality of the TDI. OK....but there is strong support. not much room to gain profits. I put EU on my watch list on 6-6, it's still on the list for a short at a close below 1.11000. I'LL consulte TDI for conformation. Tgt is 1.07780 which is a...

market not decided which direction to go.
but I wait and look for possible long EU and EJ.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #80,298
  • Jun 18, 2017 4:12am Jun 18, 2017 4:12am
Quoting emmanuel7788
{quote} Hi, I see you have new thread started. I dont have much time to read your thread while I am still having my summer vacation break till end June. Anyway, here is AUDUSD Big Picture for next week' trading. AU is sideways now at the BRN 0.7600 so the next move can happen next week or the following week. MN BPP below, we have several resistance above current price action. {image} In the W1 chart below, we see consecutive bullish weeks. {image} In the D1 BPP below, we see Double Inside Bars pattern. No guarantee there will be breakout of the...
Thanks, again for your support. I've red Candlestick Patterns in TMS.pdf and I have it on my desktop but I didn't know about the indicator !!


I was reading old posts from Big-E and somewhere mentioned Tokio session and how importand it is its daily movement
So, I'm thinking about markets are kind of communicating vessels.

On this occasion,I try to understand the relationship between Gold, AUD and USD
My conclution is -- If the price of Gold > USD then AUD get stronger against USD also USD get weaker against others Major Currencies.

If this is true to a large extent, my question is it measurable .. somehow ??
  • #80,299
  • Jun 18, 2017 4:41am Jun 18, 2017 4:41am
Quoting Mattse
{quote} Are you compine woodies pattern(yellow dots Chart B) with TMS ?? Edit: Do you combine woodies pattern(yellow dots Chart B) with TMS ?? (sorry for my English)
Nothing that interesting, just an indicator for inside bars. Hours spend on the charts does things to your eyes, just helps to focus my line of thinking when I am browsing through my 18 pairs I watch. Sometimes I feel jealous in the likes of those traders who only focus on 1 pair. But if I had to choose just 1 pair / metal etc.,
there would surely be a clear winner in my eyes. First, second and third prize would have to be GOLD by a long way for me.

Even when I am on a break overseas for a few weeks in a middle of a National Park normally somewhere in the US, I still manage to find a Wifi or phone connection just to follow my Gold trades. The rest can wait till I'm back in the saddle.
Trading thin liquidity at the boundary of the charts
  • #80,300
  • Jun 18, 2017 5:01am Jun 18, 2017 5:01am
Quoting Mattse
{quote} Thanks, again for your support. I've red Candlestick Patterns in TMS.pdf and I have it on my desktop but I didn't know about the indicator !! I was reading old posts from Big-E and somewhere mentioned Tokio session and how importand it is its daily movement So, I'm thinking about markets are kind of communicating vessels. On this occasion,I try to understand the relationship between Gold, AUD and USD My conclution is -- If the price of Gold > USD then AUD get stronger against USD also USD get weaker against others Major Currencies. If this...
See the attached, it likely/may helps.


Yomi.
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20170201_194959.jpg Size: 94 KB
Time always comes before price
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