The Epic Guide to Price Action Trading! MUST READ
https://www.theforexguy.com/price-ac...lestickBenefit
https://www.theforexguy.com/price-ac...lestickBenefit
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Trading Made Simple the right way, and other trading lessons 333 replies
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Trading Made Simple system follower - Thanks to eelfranz 9 replies
Disliked{quote} Traders can combine whatever that work for them. But we can also keep it simple and use the PAC 'yellow brick road' which Big E removed and replaced it a 5EMA,Typical Price, Shift+3. GBPUSD closed Friday with a bullish bar/HA above the PAC. Do we buy next week? What are the risks? Do we use the TDI cross in the opposite direction as our exit ? or Do we use the HA close in opposite colour as our exit? We shall see next week/month how this GU will turn out in live market. {image} Remember, it is D1 trading and Big E did some testing back in...Ignored
Disliked{quote} Thanks Tekkies Please clarify some of your point i am not able to understand. Day trading "Look at the chart. Got 14 trade's. Got 7 loses. Would those loses have been losing when contoled from H1, H4." What is contoled from H1 and H4? Want to be conservative in trading -angle of green Restrict entry's to below 5 and above 1. What is this 5/1 please show one example - level buy between 35 / 45. sell between 55 / 65 IS this level of green line in TDI window? Thanks MKIgnored
DislikedThe Epic Guide to Price Action Trading! MUST READ https://www.theforexguy.com/price-ac...lestickBenefitIgnored
Disliked{quote} Dear Emmanuel, at the Moment Im 3 MEME positions short and will stay one more day, because I think it works out like the two last times (see Chart). Best regards from munich. {image}Ignored
Disliked{quote} Hi MK, It is good to see you zoom into details and question. This is a very good way to learn and learn fast. Those are conservative trades setup and the Yellow line MBL has nothing to do with the setups. Big E removed the TDI's MBL and VB from his 5-Method. I looked at the price action of the HA candles which must close either above or below the PAC as one of the pre-conditions for the buy or sell setup. The next pre-condition is how to confirm the established 'trend' or the new swing after the reversal. Look at the PAC conditions. Then...Ignored
QuoteDislikedThe next pre-condition is how to confirm the established 'trend' or the new swing after the reversal. Look at the PAC conditions.
Disliked{quote} .... Look at the PAC conditions. Then I leave you to discover the 3rd pre-condition. Read Big E posts from Jan to Jun 2011 where he has attached charts and trades. I tell you where to look but I wont tell your what to look for. Have fun.Ignored
Disliked{quote} Dear Emmanuel. Please can you explain this precondition {quote} ThanksIgnored
DislikedA Guide to Correctly Drawing Support and Resistance Levels Accurately https://www.theforexguy.com/how-to-d...nd-resistance/Ignored
Disliked...hayzzz, I still can't master this TMS Method strictly to the rules as I can't help it, I still need to add extra indicators or use my modified version. I think this is because I am able to code MQL4 now unlike before...Ignored
Disliked{quote} I had this problem like you and I was trying to find the secrets of traders who posted mostly winning trades in FF especially in all TMS threads. That took away a lot of my time but I learn plenty as results of my pursuit of the TMS 'holy grail'. The conclusion after 5 years is there is no TMS 'holy grail' to a winning system. I zoomed into every trade details of those charts showing winning trades and I discovered a lot of traders' secrets which has nothing to do with real live market trading. My turnaround was in March 2011 in that same...Ignored
Disliked{quote} Traders can combine whatever that work for them. But we can also keep it simple and use the PAC 'yellow brick road' which Big E removed and replaced it a 5EMA,Typical Price, Shift+3. GBPUSD closed Friday with a bullish bar/HA above the PAC. Do we buy next week? What are the risks? Do we use the TDI cross in the opposite direction as our exit ? or Do we use the HA close in opposite colour as our exit? We shall see next week/month how this GU will turn out in live market. {image} Remember, it is D1 trading and Big E did some testing back in...Ignored
Disliked{quote} Dear Emmanuel, at the Moment Im 3 MEME positions short and will stay one more day, because I think it works out like the two last times (see Chart). Best regards from munich. {image}Ignored
DislikedThose wanting more examples go to Forum: Commercial, then Craig Harris Stochastics Method... then start reading on page 246, post 3676 to the end... you will learn more fast... We switched from there to only discuss this method in the new forum...Ignored
Disliked{quote} I think you won't get into that trade cause not enough space to the upside/trouble from the last 20-25 candles beforeIgnored
Disliked{quote} {quote} Please Read Big E posts from Jan to Jun 2011 where he has attached charts and trades. After you have read those posts and taken notes, you will most likely find out the 3rd pre-condition for my back-testing using the PAC as the filter for CONSERVATIVE trade entries. If you don't find your answer, the ask me again.Ignored