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Trading Made Simple

  • #81,181
  • Edited 4:42am Aug 3, 2017 4:31am | Edited 4:42am
Quoting darko2010
{quote} Is this a cardinal rule you abide by every time? If not, what context encourages you to not abide by it? Thanks

always do top down analysis and have the Big Picture Plan BPP.
BPP will determine the market type to trade... and the 10 things which I look for when I decide to take a long term position trade.

Edit:
Also, it is important that we clear the mental bias which often form in our minds when we look at our TMS trading charts for too long.
Good habit is to look at naked charts once a day, no colours and it will help us see things which we often missed when we have too many indicators on our trading charts.

Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #81,182
  • Aug 3, 2017 9:07am Aug 3, 2017 9:07am
Went Long EURUSD h4

Met all 3 mechanical Rules for Entry
*H.A close above PAC
*PAC shows bullish trend
* TDI cross above orange and 50 Level

IS this trade valid Emma?
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  • #81,183
  • Aug 3, 2017 9:24am Aug 3, 2017 9:24am
Attached Image (click to enlarge)
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On 1H TF is forming a hook or is testing the cross of the red line, but H4 is a buy sgnal also for me. My opinion is at in H4 TF is testing the previous hight, or will make a hight lower then the previous hight. But in H1 it will slip down a little more.
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  • #81,184
  • Aug 3, 2017 9:31am Aug 3, 2017 9:31am
Hey bro. So if EURUSD retraces a bit due to the hook on h1, we could add an me/me entry right?
  • #81,185
  • Aug 3, 2017 9:32am Aug 3, 2017 9:32am
Quoting Tekkies
{quote} Sesam you remember Flash???? / TheRock and the fight? How those plus other's ganged up against Tekkies. Quit notable since the fight and me not posting anymore many of them disappeared.
Hey Tekkies

I'm still alive, seems you've missed me.

Do you really imagine your posts are so relevant for someone to create an additional username only to argue with you?


The reason I don't post here anymore is first because I'm developing my own method based purely on price action so I don't need to use DM's BS = TDI, and second because I joined a skype group about trading with some guys from this thread who have great knowledge and share very valuable information, so I don't need to waste my time here having a dispute with people like you, only come in sometime to read Emmanuel's posts.

It seems you have some coding skills, I think you should start your own thread about your EAs and stop crying here about other traders'approaches.

But If you believe something's not right, send a message to the FF Moderator and he will take the appropiate action.

RF out.
  • #81,186
  • Aug 3, 2017 9:43am Aug 3, 2017 9:43am
Quoting zonalmarking
Hey bro. So if EURUSD retraces a bit due to the hook on h1, we could add an me/me entry right?
Yes i wait a signal on 15M TF. Iwait a hook ot a rejection from the yellow line a signal to buy low. i fallow bought tamplates for a different view,sometimes is working for me.
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  • #81,187
  • Aug 3, 2017 9:45am Aug 3, 2017 9:45am
Quoting kmic14
{quote} Yes i wait a signal on 15M TF. Iwait a hook ot a regection from the yellow line a signal to buy low.
BTW do you know according to Emma's rules where do we post stoploss if we are trading ME/ME on a trending pair like E/U on ONLY h4?
  • #81,188
  • Aug 3, 2017 10:05am Aug 3, 2017 10:05am
Quoting zonalmarking
{quote} BTW do you know according to Emma's rules where do we post stoploss if we are trading ME/ME on a trending pair like E/U on ONLY h4?

I.m not in to ME/ME subject. my opinion is 1.18335 but i.m not an expert,and i always sugest to go on your instinct.
AND my instict is say at this is a more sell oportunity. The market is up H4 is under yellow H1 is a hook and M15 is no buy Signal. But i will wait also this hour to be sure. 3 more M15 TF candles and i'm getting impatient.
  • #81,189
  • Aug 3, 2017 10:10am Aug 3, 2017 10:10am
Quoting ReverseFlash
{quote} Hey Tekkies I'm still alive, seems you've missed me. Do you really imagine your posts are so relevant, so I don't need to waste my time here having a dispute with...

BÄÄÄM
Risiko birgt immer auch die Chance.
  • #81,190
  • Aug 3, 2017 12:08pm Aug 3, 2017 12:08pm
Quoting ReverseFlash
{quote} Hey Tekkies I'm still alive, seems you've missed me. Do you really imagine your posts are so relevant for someone to create an additional username only to argue with you? The reason I don't post here anymore is first because I'm developing my own method based purely on price action so I don't need to use DM's BS = TDI, and second because I joined a skype group about trading with some guys from this thread who have great knowledge and share very valuable information, so I don't need to waste my time here having a dispute with...
Hi Flash
Despite our quibbles I do miss your miserable post's..
  • #81,191
  • Aug 3, 2017 12:51pm Aug 3, 2017 12:51pm
Tekkies, Could you explain the criteria for stop-loss in h4 me/me
  • #81,192
  • Aug 3, 2017 1:03pm Aug 3, 2017 1:03pm
Quoting zonalmarking
Tekkies, Could you explain the criteria for stop-loss in h4 me/me
now i enter in a buy.
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  • #81,193
  • Aug 3, 2017 1:21pm Aug 3, 2017 1:21pm
Quoting zonalmarking
Tekkies, Could you explain the criteria for stop-loss in h4 me/me
Read post#53
Place the S/L at the last high or low a couple of candle's back.

This thread is about TMS with TDI and how BigE used them. ME/ME was never ever part of TMS. It is a method that was introduced by a member after BigE pasted away. Never bothered to learn it.

So please direct your question to that member who introduced ME/ME to help you.
Sorry sir, I can not help you.
  • #81,194
  • Aug 3, 2017 1:35pm Aug 3, 2017 1:35pm
Ok guys I've read the papers on TDI and feel like i have it down mentally, I plugged it into my chat together with the stochastic slope can someone send me something on TMS please, like what it's about? Thank u in advance. I'm about 5 months new to forex read books on fibs, s/r, trends and the basic need to know things.
  • #81,195
  • Aug 3, 2017 2:37pm Aug 3, 2017 2:37pm
Quoting Bizkit
Ok guys I've read the papers on TDI and feel like i have it down mentally, I plugged it into my chat together with the stochastic slope can someone send me something on TMS please, like what it's about? Thank u in advance. I'm about 5 months new to forex read books on fibs, s/r, trends and the basic need to know things.
Paperclip to right of this webpage. Download "BigE full.pdf" and "TDI Cross.pdf" download post#25 indicator's. Study and practices his recommendations.
  • #81,196
  • Aug 3, 2017 2:48pm Aug 3, 2017 2:48pm
Quoting emmanuel7788
{quote} {quote} {image} There is one set of conditions for buy or sell...
Hi Emmanuel,

I believe I understand the daily entry rules you suggest (used them to enter EURJPY and AUDNZD in D1 yesterday) but I'm not sure about some details.

Attached Image (click to enlarge)
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Using your image, I put numbers on the bars in the second setup/entry. My question is why not enter on the close of bar 3 (open of bar 4) instead of bar 4? Apparently all 3 conditions are met: HA closed above the upper PAC line ; the PAC channel is rising ; Green TDI is above Red, Yellow and the 50 level.

I also have a question regarding how you precisely define rule #2. Is it correct to consider that this rule is met for a long setup if the upper and lower PAC lines have a higher value than in the previous bar?

Sorry if this was already asked. I'm still reading to catch up.

Thank you.

Jaime
  • #81,197
  • Aug 3, 2017 2:50pm Aug 3, 2017 2:50pm
Quoting Simba
Emmanuel, just a question regarding your TE. How are you managing this trade? You have more than 5 open positions and I thought 10% drawdown was your maximum. {image}
Never forget. Bring back your TE please, I haven't laughed in a while

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Hakuna Matata
  • #81,198
  • Edited 4:53pm Aug 3, 2017 4:05pm | Edited 4:53pm
Quoting Simba
{quote} Never forget. Bring back your TE please, I haven't laughed in a while {image}

Hey Simba,

Welcome back after some many weeks. This thread needs people like you to help increase the traffic for Forex Factory' business model.

Your mobile screen shot picture is a very old one, the same one your posted back on May 17 . You forgtotten this old post you did on May 17.
https://www.forexfactory.com/showthr...62#post4803962,

its the same old picture. Do you have the latest screen shot? Please post the updated one.

You want to see my latest Trade Explorers? there are now 5 TE of 5 different trading accounts. But my TEs are only for my Buddies in FF.

Or do you prefer to see my trade accounts in FX Blue? You need to sign up at FX Blue and after that you can PM me your FX Blue username and I will add you to my White List.
At FX Blue, you can also copy my trades if you want or I can copy trades to your trading account for you. This is special privilege for people like you.

Anyway, today is Friday and I will close more trades before London session closes today and I will post updates of my other trading accounts here.

Be patient and Take Care when you are on the road.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #81,199
  • Aug 3, 2017 4:18pm Aug 3, 2017 4:18pm
Quoting Simba
{quote} Never forget. Bring back your TE please, I haven't laughed in a while {image}
Here the last month's closing of 2 live trading accounts posted on July 29 last week.

See these 2 posts linked.
These are also connected to Trade Explorer in FF also in FX Blue.

https://www.forexfactory.com/showthr...4#post10135624

https://www.forexfactory.com/showthr...4#post10135624
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #81,200
  • Aug 3, 2017 4:20pm Aug 3, 2017 4:20pm
Quoting jmmac
{quote} Hi Emmanuel, I believe I understand the daily entry rules you suggest (used them to enter EURJPY and AUDNZD in D1 yesterday) but I'm not sure about some details. {image} Using your image, I put numbers on the bars in the second setup/entry. My question is why not enter on the close of bar 3 (open of bar 4) instead of bar 4? Apparently all 3 conditions are met: HA closed above the upper PAC line ; the PAC channel is rising ; Green TDI is above Red, Yellow and the 50 level. I also have a question regarding how you precisely define rule #2....

already asked and replied.

bar 3 is signal for scale-in or add-on entries for those trading with ME/ME.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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