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Trading Made Simple

  • #98,921
  • Nov 7, 2019 5:45pm Nov 7, 2019 5:45pm
Quoting Vic80
Target reached! TDI strategy is working for me but I can only trade 4H. If I trade smaller timeframes I end up loosing money. {image}

good trade!

stick to trading 4H and you will do well.

consider also Position Trading on D1 and W1 for longer term profits.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,922
  • Nov 7, 2019 5:53pm Nov 7, 2019 5:53pm
Quoting emmanuel7788
{quote} DE30 Nov 07 Tokyo Open new D1 high made yesterday but it pulled back ... 13220 not there yet but it will get there just a matter of day(s)... watch the D1 candle that closes across 13220.40 PATIENCE! {image}
"watch the D1 candle that closes across 13220.40" ..

DE30 Nov 08 update

the D1 candle that closed above 13220.4 is a big body candle ... most of the time, but not all the time...

and now it is again narrow range trading in LTF around 13280.7 wait for FO.

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Nov 08 pre-Tokyo 08-11-2019 07-43-58.png Size: 82 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,923
  • Nov 7, 2019 5:59pm Nov 7, 2019 5:59pm
DE30 Nov 07 Trades Closed

6 trades done in M5 ... all profit.


Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Nov 07 6 trades closed 08-11-2019 07-56-51.png Size: 49 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,924
  • Nov 8, 2019 1:29am Nov 8, 2019 1:29am
Quoting emmanuel7788
DE30 Nov 07 Trades Closed 6 trades done in M5 ... all profit. {image}
I Think We have to take atleast 25 to 30 trades before we make any decision.
  • #98,925
  • Nov 8, 2019 1:32am Nov 8, 2019 1:32am
Quoting Vic80
Target reached! TDI strategy is working for me but I can only trade 4H. If I trade smaller timeframes I end up loosing money. {image}
Yes you are Right
Here is less RISK And More PIPS
  • #98,926
  • Nov 8, 2019 1:44am Nov 8, 2019 1:44am
DE30 Nov 08 Frankfurt Open

looking at H4 price action now (inside bar) with 19 minutes to close, it is not likely to see a TDI signal for buy entry.

a H1 bar/candle with higher Close would be nice for the TDI green bounce.
Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Nov 08 FO hour 08-11-2019 15-40-52.png Size: 70 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,927
  • Nov 8, 2019 2:02am Nov 8, 2019 2:02am
DE30 Nov 08 London Open

H1 shows a nice momentum ... TDI green very steep slope

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Nov 08 LO hour 08-11-2019 16-00-35.png Size: 73 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,928
  • Nov 8, 2019 4:03am Nov 8, 2019 4:03am
Quoting emmanuel7788
DE30 Nov 08 London Open H1 shows a nice momentum ... TDI green very steep slope {image}

DE30 Nov 08 London Session

with Tokyo closed, now we shall see what the European session will bring us.

H4 will close in 2 hours... be patient if you are trading the H4 candle.
Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Nov 08 LO2 08-11-2019 18-00-02.png Size: 61 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,929
  • Nov 8, 2019 7:39am Nov 8, 2019 7:39am
Related to Post 98,186
Have stopped to post in FF. What more can be posted about BigE's Trading Made Simple that has not been posted.
Last trade's.
Attached Image (click to enlarge)
Click to Enlarge Name: lasty.PNG Size: 65 KB
  • #98,930
  • Nov 8, 2019 10:29am Nov 8, 2019 10:29am
Quoting emmanuel7788
{quote} good trade! stick to trading 4H and you will do well. consider also Position Trading on D1 and W1 for longer term profits.
Thanks Emmanuel! I would like to try D and W but I am so scared of leaving open trades during weekends.
  • #98,931
  • Nov 8, 2019 11:20am Nov 8, 2019 11:20am
Quoting amiralifx
{quote} hi dear friend. thanks a lot. picture of my chart {file} {file} {file} {file} {image}

hi Amir Ali

you attached the TDI Red Green version from Post#25 which is the original version Big E used to trade his reversal entries APB/HA #1 and #2.

go to this website link 'forex-station.com' and study more about TDI versions and pay attention to what it says about re-painting.

Some advice for TDI indicators (Post#97,086 by Tekkies)
https://forex-station.com/viewtopic....38#p1295362638

then you read Tekkies Post#73,461
he provided wrong information about the TDI Red Green Post#25 as non repainting.
the fact is, this version only updates when the bar/candle closed.
the realtime version updates on every price tick.

----------------
TDI Red Green.mq4 (non repainting)
for (i=limit-1;i>=0;i--) The -1 sets the counter to bar 1.
Bar 1 is closed and red /green will not change

TDI RealTime.mq4 (repainting)
for(int i=limit; i>=0; i--) The -1 removed sets counter to bar 0.
Bar O is open and is rising and falling with price action there for red /green will move up and down
---------------------

beware of wrong information and misleading posts in this thread.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,932
  • Nov 8, 2019 11:27am Nov 8, 2019 11:27am
Quoting Tekkies
Related to Post 98,186 Have stopped to post in FF. What more can be posted about BigE's Trading Made Simple that has not been posted. Last trade's. {image}

well, all your sell trades hit stop losses when the price action reverses.

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Nov 08 tekkies stop loss 09-11-2019 01-25-36.png Size: 84 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,933
  • Nov 8, 2019 11:30am Nov 8, 2019 11:30am
Quoting Tekkies
Related to Post 98,186 Have stopped to post in FF. What more can be posted about BigE's Trading Made Simple that has not been posted. Last trade's. {image}
What more can be posted about BigE's Trading Made Simple that has not been posted.

Answer:

The 5 Fundamental Truths of Trading by Mark Douglas

1. Anything can happen.

2. You don’t need to know what is going to happen next to make money.

3. There is a random distribution between wins and losses for any given set of
variables that define an edge.

4. An edge is nothing more than an indication of a higher probability of one thing
happening over another.

5. Every moment in the market is unique.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,934
  • Nov 8, 2019 11:35am Nov 8, 2019 11:35am
Quoting emmanuel7788
{quote} What more can be posted about BigE's Trading Made Simple that has not been posted. Answer: The 5 Fundamental Truths of Trading by Mark Douglas 3. There is a random distribution between wins and losses for any given set of variables that define an edge. 5. Every moment in the market is unique.
Whatever Mark Douglas may be he surely isn't a thinker.
If 3 or 5 were true, traders couldn't logically have an edge over the market.
Fact: some traders have an edge

Although random walk theory may be true in general, it is not (less so) while markets are trending
If every moment were really unique, markets wouldn't be fractal and traders couldn't come up with a system.
  • #98,935
  • Nov 8, 2019 11:36am Nov 8, 2019 11:36am
Quoting emmanuel7788
{quote} well, all your sell trades hit stop losses when the price action reverses. {image}
Well his stop losses were hit but were in profit, what was the point of that post. I don't think your trades here: https://www.forexfactory.com/showthr...0#post12605840 did much better?
Success means going from failure to failure without loss of enthusiasm
  • #98,936
  • Nov 8, 2019 11:53am Nov 8, 2019 11:53am
Quoting lisat
{quote}Well his stop losses were hit but were in profit, what was the point of that post. I don't think your trades here: https://www.forexfactory.com/showthr...0#post12605840 did much better?

well, I posted my GBPNZD trade with Entry, SL and TP when I open.
https://www.forexfactory.com/showthr...0#post12605840

Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZD Nov 07 H8 08-11-2019 07-37-17.png Size: 47 KB


and it hit my SL ... -1R
TP was set +1.5R
Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZD Nov 08 H8 trade loss 09-11-2019 01-47-03.png Size: 46 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,937
  • Nov 8, 2019 12:11pm Nov 8, 2019 12:11pm
an interesting post 10 years ago.

by hanover aka David

"Sentiment drives price, and then price drives indicators. Hence indicators are a symptom, not a cause.

Price doesn't need calibration, and it is also timeframe independent. The longer I continue to study charts, the more I realize that almost everything worthwhile can be learned by looking at price alone."

https://www.forexfactory.com/showthr...85#post2305385
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,938
  • Nov 8, 2019 1:00pm Nov 8, 2019 1:00pm
Here we go again.

Did Emmanuel and many other members like him followed this post by BigE then only 3 indicators posted by BigE would have been used. No confusement what so ever.
#486: I'm disappointed in a few of you and your actions. This is my thread and my method... traded the way I've laid it out.
I don't want to see any more posts that discuss other indicators... other ways...
-------
Of course the TDI Red Green Post#25 is non repainting. Don't refresh the chart.
#1388: I don't refresh my TDI... just trade it like I see it.
#1827: I don't refresh my charts while trading... creates more confusion I think...
#7622: Do I refresh my TDI – NO
------
What Emmanuel did not explained is when the real time TDI is used the green line will cross the red line many times in any time frame. When are you going to be sure it is time to place that trade:
- The first time green cross red?
- Wait until bar close to place a trade?
- Don't forget that green bounce red?
Have posted about it already:
#11.... If I see a set up... green just crossing red I'll take the trade....
#115..... A Normal entry is when green crosses red on the TDI (and you can actually see the green on the other side).

Do you trade the crossover that happened two / three / four bar's back or the crossover on bar one / bar 0?
The best of all you check the facts yourself. Load both indicator's on a chart and watch them.
(Make sure it is a real time chart.)
  • #98,939
  • Nov 8, 2019 1:17pm Nov 8, 2019 1:17pm
Quoting lisat
{quote}Well his stop losses were hit but were in profit, what was the point of that post. I don't think your trades here: https://www.forexfactory.com/showthr...0#post12605840 did much better?
Lisat, those are not "stop losses" they are trailer stops.
( What do you call them anyway.)
-----
You know by now any post by old Tekkies, 7788 will find something negative to post. It is like the fake media (Trump Tekkies syndrome)
Compare this two chart: Post 98,924 vs Post 98,930
Now you will understand what the point was of that post.

What else do you see?
Is that not a buy order on a down trend?
Attached Image
  • #98,940
  • Nov 8, 2019 1:23pm Nov 8, 2019 1:23pm
Quoting Tekkies
Here we go again. Did Emmanuel and many other members like him followed this post by BigE then only 3 indicators posted by BigE would have been used. No confusement what so ever. #486: I'm disappointed in a few of you and your actions. This is my thread and my method... traded the way I've laid it out. I don't want to see any more posts that discuss other indicators... other ways... ------- Of course the TDI Red Green Post#25 is non repainting. Don't refresh the chart. #1388: I don't refresh my TDI... just trade it like I see it. #1827: I don't...
Hey Tekkies

Here we all go over and over again.

You are newbie so it is better for you to continue using the TDI.

With more years trading experience you will be able to trade without any TDI.

The OP himself said these more than 7 years ago,

Attached Image (click to enlarge)
Click to Enlarge Name: Big E #3044.png Size: 42 KB

https://www.forexfactory.com/showthr...17#post4328017

Attached Image (click to enlarge)
Click to Enlarge Name: Big E #3418.png Size: 59 KB

https://www.forexfactory.com/showthr...74#post4392874

and

Attached Image (click to enlarge)
Click to Enlarge Name: Big E #2617.png Size: 111 KB

https://www.forexfactory.com/showthr...18#post4619118
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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