nice trade, yes, I think m5 is probably gonna be the most lucrative setup simply due to the amount of bars it prints. thanks for reminding me about the simulator i tried it once when trading a system that wasn't tms, i found it kinda slow [printing ...

Trading Made Simple

actually playing with the figures further it seems there is still a likely chance of reaching retirement at 2% risk if i am willing to tolerate upto a 30% drawdown ...but emmanuel said anything below 10% is hard to recover from, I wish I kept his ...

Trading Made Simple

more food for thought how much is everyone risking per trade and what is your RR ratio? I have gone back to demo to practice atm but have been risking 2% per trade. I have heard emmanuel say never let your drawndown get to above 10% ....but it will ...

Trading Made Simple

bit risky though, it's almost at support. but thanks for posting this, i shall keep an eye on it tomorrow ready to buy at support if an opportunity presents itself

Trading Made Simple

your candles look so much prettier and well formed than mine.if definitely looks like a trendline on your charts. here is gbp/aud again, possible continuation trade but bulls not ready, also got to make sure not buying into resistance above. i ...

TMS for M30 charts

and guys how late into the day do we take trades, there is a possible counter trade setup on usd/cad but it's not quite ready yet. adr is almost reached, but as the trade direction is the other way it shouldn't matter right? we're a couple of hours ...

TMS for M30 charts

thanks likica, I had a win and a loss today on gbp/aud attempting a counter trade, I know why the first one lost [i Immediately noticed my mistake after i placed my trade but refused to shut it off as it was already in drawdown] the win is on the ...

TMS for M30 charts

i won't go too deep on this but i've just been doing the sums on BE + 5 as this seems to be used by a lot of traders, and whilst it works out better than the other method of cutting losses early, I am not entirely convinced BE +5 is actually "good ...

Trading Made Simple

@leescofield, i'm not there yet.. but one day i hope to have your problems now here's a eur/cad trade i just took, slight divergance [green trendlines], it may or may not be continuation as the overall trend is down but price was steeping up lately, ...

TMS for M30 charts

this way sounds a little better than waiting for your trade to get into negative and only then cutting it. I guess though you must have to have quite good skills being able read the market to do it successfully

Trading Made Simple

based on your statement it seems like ME might have the edge when it comes to cutting losses then, I wouldn't know as I haven't studied ME. Perhaps I will give it a try one day if SE doesn't work out for me. Seems like it might be a bit complicated ...

Trading Made Simple

and why the hell is the pound symbol sign auto censored?????? I put those figures in pounds and just realised that all the symbols are now gone. talk about OTT censorship. jeez

Trading Made Simple

what do people think about cutting losses early? I notice some traders in TMS will cut losses early rather than let their hard SL get hit I remember phx saying something like he generally wont let price move more than 25 pips against him despite ...

Trading Made Simple

why has this thread gone "commercial"?

Robinho Enhanced

Hi, I only try to take similar trades to yourself and as I wasn't 100% sure if you used ema's as strong support/resistance levels by themselves I would not have taken trades like that without checking with you first, so as you said no I will not ...

TMS for M30 charts

Hi Likica, I have a question about support and resistance You say to make sure if you are taking a counter trend trade from a good support or resistance level ...but can the ema's be used as support and resistance in that regard? I think I saw you ...

TMS for M30 charts

Hi, thanks for the feedback, I think a combination of me using a different tdi and a tiny bit of some other candles running through my divergance made me see a false divergence, perhaps i will switch back to synergy tdi, hmmm... if this sort of ...

TMS for M30 charts

I was reading some of your old posts in trading made simple Likica and noticed this: I don't know how valid this comment is these days, but i just looked on the D1 and both tdi and stocks are oversold. If the above comment you made is still valid ...

TMS for M30 charts

Hello Likica, I've began to to tidy up my charts to make for a clearer view as you suggested. I am using your template [with a few minor tweaks] so you can't complain this time there is too much indicators, because they are your indicators not ...

TMS for M30 charts

is it just me ..or has practically all the pairs reached their ATR already. what do we do lol

TMS for M30 charts