Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- Post #137,601
- Quote
- Jan 19, 2023 2:02pm Jan 19, 2023 2:02pm
- Joined Nov 2008 | Status: Member | 43,766 Posts
- Post #137,602
- Quote
- Jan 19, 2023 2:18pm Jan 19, 2023 2:18pm
- Joined Nov 2008 | Status: Member | 43,766 Posts
{quote} 12 hours late therefore hindsight trading. Make up your mind which timeframe you want to trade / prefer to trade. Here you have two conflicting TDI. D1 is at TDI level 32 wanting to go up (maybe not) (chart text say 3de candle) H4 is at TDI level 68 where it can stay / go up some more or start to go down. Also the chart is showing that if you place a trade it will be on candle 3 (not sure) > BigE clearly stated not to consider trades on candle 3. > From post##121... You took the trade close to the TDI 32 line which is about the bottom. However...
Big E' Trading Made Simple can also be easy when you have mastered his 5-Method.
When you make the transition to trade the 4hr, you follow his Post#647 and learn a few more things:
1) Look Left for previous price action. It much easier when you look at the HA candles and swing highs and swing lows.
2) Next, you check the right hand side price levels... the BRN and RN 00 and 50 levels.
3) You can also check the Weekly price action if near its 10EMA and 50EMA
4) You can also check the Daily price action if near its 10EMA and 50EMA
5) You always have done your Big Picture Planning and know the key historical levels.
The Power of CONFLUENCE is when you have 1,2,3, 4 and 5 above checks done, you then pick the best trade setups and manage all the risks you see.
This is the path to Trading Mastery. The pebble remains in Master Kan' hand until ....
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- Post #137,603
- Quote
- Jan 19, 2023 2:32pm Jan 19, 2023 2:32pm
- Joined Nov 2008 | Status: Member | 43,766 Posts
{quote} @Tekkies Big E' Trading Made Simple can also be easy when you have mastered his 5-Method. When you make the transition to trade the 4hr, you follow his Post#647 and learn a few more things: 1) Look Left for previous price action. It much easier when you look at the HA candles and swing highs and swing lows. 2) Next, you check the right hand side price levels... the BRN and RN 00 and 50 levels. 3) You can also check the Weekly price action if near its 10EMA and 50EMA 4) You can also check the Daily price action if near its 10EMA and 50EMA...
- another thing which I learned from other traders here is the use of moving averages - 10EMA, 50EMA, 200EMA and 800EMA as sort of dynamic support and resistance. Use these with CONFLUENCE check with other support&resistance and always look at the Price Action of the price bar and the HA candles.
Learn EVERYTHING! ... until the day when you are like Caine and snatches the pebble from Master Kan' hand.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- Post #137,604
- Quote
- Jan 19, 2023 2:59pm Jan 19, 2023 2:59pm
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,809 Posts
- Post #137,605
- Quote
- Jan 19, 2023 3:05pm Jan 19, 2023 3:05pm
- Joined Nov 2008 | Status: Member | 43,766 Posts
...
#351
" A picture is worth a thousand words " > {here}
...
{quote} > and price is pulling back with / or > BigE clearly stated not to consider trades on candle 3. > Just be aware how close you are to the 68 & 32 line and pay close attention. > When you get to 68 start looking for a reversal sign on the TDI Say Vincent with sentence do you have a hard time to understand?
" A picture is worth a thousand words " > {here}
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- Post #137,606
- Quote
- Jan 19, 2023 6:38pm Jan 19, 2023 6:38pm
- Joined Oct 2020 | Status: Member | 3,254 Posts
I got PM on how to pick the TDI crosses to trade as of BigE’s Trading Made Simple.
The answer is to follow #647. Those simple price actions are enough to make good trade decisions.
Losing traders like to complicate trading, thinking a more “advanced” trading is better. Just delusional holy grail seeking loser mindset.
Higher highs and higher lows indicates an uptrend. TDI crosses indicates an upward move of the price.
Would rather spend time on spending my profit.
The answer is to follow #647. Those simple price actions are enough to make good trade decisions.
Losing traders like to complicate trading, thinking a more “advanced” trading is better. Just delusional holy grail seeking loser mindset.
Higher highs and higher lows indicates an uptrend. TDI crosses indicates an upward move of the price.
Would rather spend time on spending my profit.
- Post #137,607
- Quote
- Jan 19, 2023 6:42pm Jan 19, 2023 6:42pm
- Joined Oct 2020 | Status: Member | 3,254 Posts
Been taking time off from trading and work. Last year was great with trading and work bonus. Haven’t traded since Dec19 and be back next week.
Exchanged some JPY cash when price retested previous low. TMS trading for actual cash use
Now spending JPY in Japan means a >5% discount on anything (plus 10% tax back for foreigners, etc)
Exchanged some JPY cash when price retested previous low. TMS trading for actual cash use
Now spending JPY in Japan means a >5% discount on anything (plus 10% tax back for foreigners, etc)
- Post #137,608
- Quote
- Jan 19, 2023 7:28pm Jan 19, 2023 7:28pm
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,809 Posts
... {quote} #351 " A picture is worth a thousand words " > {here} {image} ...
> It is for the H candle which count 3 red.
> Wow, look at that TDI angle. Almost at 6 and on candle 1 with TDI green cross red.
Post#6.....
We Enter a trade when green crosses red on the TDI at the beginning of that candle...
If it's candle 3 or more don't enter... find another trade set up.
After 19 hours your entry with red H candle 3 went nowhere.Stay with the basic rule not to enter on candle 3.
Rather find reasons not to enter a trade and go search for a better setup.
Once more Vincent do not rip BigE's post's out of context.
To put it mildly > Stop posting bullshit.
- Post #137,609
- Quote
- Jan 19, 2023 8:11pm Jan 19, 2023 8:11pm
- Joined Nov 2008 | Status: Member | 43,766 Posts
{quote} Look carefully Vincent. > It is for the H candle which count 3 red. {image} > Wow, look at that TDI angle. Almost at 6 and on candle 1 with TDI green cross red. Post#6..... We Enter a trade when green crosses red on the TDI at the beginning of that candle... If it's candle 3 or more don't enter... find another trade set up.
that #351 is Big E post.
study carefully that post and what he wrote: " Going south (short). Even though its candle #3 it looks strong for trade entry..."
"Going south " means bearish trend and candle#3 looks strong mean bearish MOMENTUM.
He did not mention TDI green line ,etc.
...
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- Post #137,610
- Quote
- Jan 19, 2023 8:35pm Jan 19, 2023 8:35pm
- Joined Nov 2008 | Status: Member | 43,766 Posts
I got PM on how to pick the TDI crosses to trade as of BigE’s Trading Made Simple. The answer is to follow #647. Those simple price actions are enough to make good trade decisions. Losing traders like to complicate trading, thinking a more “advanced” trading is better. Just delusional holy grail seeking loser mindset. Higher highs and higher lows indicates an uptrend. TDI crosses indicates an upward move of the price. Would rather spend time on spending my profit. {image}
You went quiet after I exposed your fake trades using photoshop editing to make losing trades look like winning trades. See these posts {here} {here} and {here}
What happened to your company trip to India? Did you attend any of Sadhguru talks and learn from him?
You are right when someone here believe the TDI is his holy grail {here} . That's really delusional thinking of a long time losing trader. There is no need to any "advanced" trading here in TMS thread. Its all basic price action stuff which you have to learn at babypips.com.
You are also correct "Higher Highs and Higher Lows" HH HL can be view as Uptrend. But we also need to look for swing highs and swing lows too for possible support and resistance. Support and Resistance is not a single line pice. It is a price zone where potential reversal or consolidation can happen.
When you see HH HL without Higher+Close, be careful of the end of the Uptrend and consolidation. CONFLUENCE of various 'support and resistance' make higher probability.
Example USDCAD I posted hours earlier.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- Post #137,611
- Quote
- Jan 19, 2023 8:43pm Jan 19, 2023 8:43pm
- Joined Nov 2008 | Status: Member | 43,766 Posts
Training Char - Going south (short). Even though it's candle #3 it looks strong for a trade entry... USD/JPY 4hr. {image}
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- Post #137,612
- Quote
- Jan 19, 2023 8:49pm Jan 19, 2023 8:49pm
- Joined Nov 2008 | Status: Member | 43,766 Posts
Been taking time off from trading and work. Last year was great with trading and work bonus. Haven’t traded since Dec19 and be back next week. Exchanged some JPY cash when price retested previous low. TMS trading for actual cash use
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- Post #137,613
- Quote
- Jan 19, 2023 8:57pm Jan 19, 2023 8:57pm
- Joined Nov 2008 | Status: Member | 43,766 Posts
{quote} Look carefully Vincent. > It is for the H candle which count 3 red. {image} > Wow, look at that TDI angle. Almost at 6 and on candle 1 with TDI green cross red. Post#6..... We Enter a trade when green crosses red on the TDI at the beginning of that candle... If it's candle 3 or more don't enter... find another trade set up.
Look at this EURUSD trades closed.
17 buy trades , 16 winners and 1 loser.
Is this candle#3 buy trades?
Do you see the Swing Low and the CONSOLIDATION and the True Reversal candle#1?
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- Post #137,614
- Quote
- Edited 9:33pm Jan 19, 2023 9:16pm | Edited 9:33pm
- Joined Nov 2008 | Status: Member | 43,766 Posts
I got PM on how to pick the TDI crosses to trade as of BigE’s Trading Made Simple. The answer is to follow #647. Those simple price actions are enough to make good trade decisions. Losing traders like to complicate trading, thinking a more “advanced” trading is better. Just delusional holy grail seeking loser mindset. Higher highs and higher lows indicates an uptrend. TDI crosses indicates an upward move of the price. Would rather spend time on spending my profit. {image}
#3418
The 4 Hr., USD/CAD trade is up to 91 pips profit now... You can trade the 5 method without the TDI if it's a problem... PA is HA Candles, PA crosses the yellow line and closes... enter on the next candle if it's the same color. When candles flatten out... exit. Stay in the trade as long as it doesn't cross back over the yellow line and close. The TDI just gives me a lot more information for making my entries & exits decisions.
This work very well when we trade the H4, Daily and Weekly.
My AUDUSD trades closed this week Jan 16 to 18 before the US CPU data release.
- 8 buy trades, 8 winners.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- Post #137,615
- Quote
- Jan 19, 2023 10:11pm Jan 19, 2023 10:11pm
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,809 Posts
{quote} hey @Tekkies that #351 is Big E post. study carefully that post and what he wrote: " Going south (short). Even though its candle #3 it looks strong for trade entry..." "Going south " means bearish trend and candle#3 looks strong mean bearish MOMENTUM. He did not mention TDI green line ,etc. {image} ... ...
Neither did he mention > mean bearish MOMENTUM..<You can add words to his post Vicent, so can I based on what TDI is showing.
- Post #137,616
- Quote
- Jan 19, 2023 10:14pm Jan 19, 2023 10:14pm
- Joined Nov 2008 | Status: Member | 43,766 Posts
{quote} "He did not mention TDI green line."
@Tekkies
having another sleepless night ? or just another one of your regular dream turned to nightmare?
well,
#351 again
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- Post #137,617
- Quote
- Jan 19, 2023 10:18pm Jan 19, 2023 10:18pm
- Joined Nov 2008 | Status: Member | 43,766 Posts
{quote} "He did not mention TDI green line."
Read, study and learn what is MOMENTUM
only 33 posts where he mentioned MOMENTUM and charts shows candles with MOMENTTUM.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- Post #137,618
- Quote
- Jan 19, 2023 10:23pm Jan 19, 2023 10:23pm
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,809 Posts
{quote} hey @Tekkies Look at this EURUSD trades closed. 17 buy trades , 16 winners and 1 loser. Is this candle#3 buy trades? Do you see the Swing Low and the CONSOLIDATION and the True Reversal candle#1? {image} ...
EURUSD H1 TDI crossover is the best timeframe to achieve what you have posted.
Nice try Vincent.Must say when you manage to post bullshit ,you really know how to do it big time.
- Post #137,619
- Quote
- Jan 19, 2023 10:48pm Jan 19, 2023 10:48pm
- Joined Nov 2008 | Status: Member | 43,766 Posts
{quote} Sweet, now you post a monthly chart with trades taking on any lower timeframe like H1, H4, D1. {image} EURUSD H1 TDI crossover is the best timeframe to achieve what you have posted. {image}
Big E' 5-Method works in all timeframes. On Monthly and Weekly charts, we do not need the lagging TDI.
We need to know three things - Top Down Technical Analysis, Fundamental Analysis and Market Sentiments.
Monthly chart is good when I plan my trades looking at the Big Picture historical price swing levels.
PA is HA candles above / below its 5EMA Typical Price Shift+2.
TMS EVO_2023 is Monthly chart Position Trading and checking the Daily and Weekly market conditions and the economic news/data events like this week' US CPI.
H1 and H4 charts are not required. TMS EVO_2023 uses M5 entries with 4 hour duration and price action.
The rest is your Money Management strategy which is my CashFlow
model.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- Post #137,620
- Quote
- Jan 19, 2023 10:55pm Jan 19, 2023 10:55pm
- Joined Nov 2008 | Status: Member | 43,766 Posts
{quote} @Tekkies Big E' 5-Method works in all timeframes. On Monthly and Weekly charts, we do not need the lagging TDI. We need to know three things - Top Down Technical Analysis, Fundamental Analysis and Market Sentiments. Monthly chart is good when I plan my trades looking at the Big Picture historical price swing levels. PA is HA candles above / below its 5EMA Typical Price Shift+2. TMS EVO_2023 is Monthly chart Position Trading and checking the Daily and Weekly market conditions and the economic news/data events like this week' US CPI. H1 and...
- potential for break higher
- must protect the downside and let the market decide the upside
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett