Oh and i can´t find any informations on the correct money management here to trade this strategy successfully. Lets say i switch to H4. Where to take profits for each trade, where to stop losses? A 1:2 ratio? So lets say on H4 i aim for 100 pips ...

Trading Made Simple

Thanks for your help. I will go through this again and practice. But more like this i would also love to find some technical tools for my trading environment (MT4) to make things easier. I already changed my template with the one can be found on ...

Trading Made Simple

Yes you´re absolute right. I actually know these basic rules but still end up with taking such trades due to pure activism or lack of education / the feeling i am to late to the party and now have to do something otherwise i never make any pips at ...

Trading Made Simple

Thanks for your kind words. Sounds straight forward.

Trading Made Simple

I just entered long on GJ here. I guess something i should not have taken? Its M30 btw. Thanks for your comments on this one in advance. Update: Stepped out with a -10 Pips. :/

Trading Made Simple

Thanks for the explanation, really helpful. Yes i heard about Guppy MAs but never dealt with it in detail. I would like to switch to the H4 and Daily for some time to see if my performance might getting better. Can you tell me from your experience ...

Trading Made Simple

Who cares about weekly charts here?

Trading Made Simple

What else it does? Its maybe not the technical definition of what it does but in general, sure thats what it is made for.

Trading Made Simple

It gives you "possible" entry/exit conditions. Nothing more nothing less. But as with all indicators it can only look in the past. So taking care of what price is doing at time you enter a trade is probably a lot more important than anything else.

Trading Made Simple

These are exactly the setups i tend to end up with. For me it looks like 90% of the TDI signals are like this during a running european market session. At least in 4 out of 5 days. Not sure how to make money here in the long run. You have to be ...

Trading Made Simple

Thanks your feedback already helped a lot. What about different timeframes. I am from the EU and my wakeup time is with Frankfurt/London Open i think trading M15,M30 during the London session should be fine / probably the best idea? As far as i know ...

Trading Made Simple

Can anyone explain to me if its "okay" to trade against the daily open line? Like this TDI Cross on EUR/USD M30 here (for going long). Looking at H1, H4 we have a strong downtrend. If setting up trades on lower time frames like M30 in this case ...

Trading Made Simple

Thanks for making this clear. I will read through these posts once again. Well, I have to admit this strategy is not as simple as it might sound. (looking for a TDI green/red cross and let it go. What would you say are the most other important facts ...

Trading Made Simple

... seriously?

Trading Made Simple

I thought this strategy is about trading H4 or even Daily. AT least thats what Post 1 is introduced about. Or is there something i missed? If you scalp trading for a few pips on lower time frames like M15 or even H1 why don´t you open a new topic ...

Trading Made Simple

EG like nearly all other EUR pairs are trending down. Why do you even look for BUY signals here?

Trading Made Simple

Would be interested too. Also could you tell me what risk reward ratio in practise is possible to achieve following this strategy trading the M30 time frame ? Because i noticed in most cases there is no really much room for a potential winner. In ...

TMS for M30 charts

100% agree. Of course thats a problem. But thats something I would personally not take to seriously. If the EA is missing some trades but finding the ones it should find (your programmed rule set for an entry) that sounds already good to me. I would ...

LRSF - TMS Expert Advisor

Doesn´t make a lot of sense to me right now. So what if it´s not just a temp. retracement and price completely turning against you? So you place even more buy orders just to recover 1 original trade setup because you can´t accept a small loss ...

LRSF - TMS Expert Advisor

Well, thanks for your kind comments so far. So whats a realistic return for a long-term profitable forex trading system with low/medium risk? And where to find something like this? I am not saying i want to completely forget about trading manually ...

(binned per thread starter’s request) Whats really needed to make