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Trading Made Simple

  • #81,681
  • Aug 31, 2017 7:36am Aug 31, 2017 7:36am
Quoting irishcraig09
Just took this trade on my demo account and will see how it plans out. If anyone can see I have gone wrong please let me know. Craig {image}

Hi,

replying your PM on this trade,

you did not follow the 3 rules :

https://www.forexfactory.com/showthr...35#post9984735

https://www.forexfactory.com/showthr...38#post9827438

Attached Image (click to enlarge)
Click to Enlarge Name: irishcraig GBPUSD D1 trade.png Size: 450 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #81,682
  • Aug 31, 2017 8:57am Aug 31, 2017 8:57am
Quoting irishcraig09
Just took this trade on my demo account and will see how it plans out. If anyone can see I have gone wrong please let me know. Craig {image}
Craig
You have to decide whether you want to trade like BigE and how he used TDI, then download BigE full and TDI Cross.pdf's and study them in detail. (fishhook to right of this webpage).
Or you can follow the herd down the rabbit hole by taking advise from follow members that post everyday a lot of garbage that has nothing to do with BigE method or TMS.

In this post there is a training indicator that will help you how to apply post#647 + S/R before placing a trade. Not the best way to go, at least it is a starting point to understand BigE's TMS. https://www.forexfactory.com/showthr...60#post9374960
Clean up the chart to reflex only what BigE has used. (see attached chart)
Use this indicator to reflect open and close trades on chart:https://www.forexfactory.com/showthr...97#post9438597
Repost you chart with the trade that has failed.
Attached Image (click to enlarge)
Click to Enlarge Name: XM MT4.png Size: 99 KB
  • #81,683
  • Edited 12:55pm Aug 31, 2017 9:06am | Edited 12:55pm
Quoting emmanuel7788
{quote} Hi, replying your PM on this trade, you did not follow the 3 rules : https://www.forexfactory.com/showthr...35#post9984735 https://www.forexfactory.com/showthr...38#post9827438 {image}
If there should be a veto to select somebody that has help most traders on FF, I'm very sure it going to be you Sir, Emmanuel. Thank you for your great work here Sir.

Statistically, you have done more than anyone here, Sir...


Happy trading,
Yomi.
Time always comes before price
  • #81,684
  • Edited 10:04am Aug 31, 2017 9:50am | Edited 10:04am
Quoting Tekkies
{quote} Craig You have to decide whether you want to trade like BigE and how he used TDI, then download BigE full and TDI Cross.pdf's and study them in detail. (fishhook to right of this webpage). Or you can follow the herd down the rabbit hole by taking advise from follow members that post everyday a lot of garbage that has nothing to do with BigE method or TMS. In this post there is a training indicator that will help you how to apply post#647 + S/R before placing a trade. Not the best way to go, at least it is a starting point to understand BigE's...
I was reading the new posts without being online..
So I saw my ignored TEKKIS stupid post..

And in fact .. she does not trade by the rules..
Hereīs the proof..
Thatīs not okay.. it confuses the newbies.

Guido
Attached Image
Risiko birgt immer auch die Chance.
  • #81,685
  • Aug 31, 2017 10:26am Aug 31, 2017 10:26am
Quoting Sesamstrasse
{quote} I was reading the new posts without being online.. So I saw my ignored TEKKIS stupid post.. And in fact .. she does not trade by the rules.. Hereīs the proof.. Thatīs not okay.. it confuses the newbies. Guido {image}
What rules?
You should reread the post Sesamstrasee.
"Clean up the chart to reflex only what BigE has used. (see attached chart)"
Some advice:
"When you don't talk people think you a fool - when you flap your lips they know you are a fool"
Have a nice day
Cheers
  • #81,686
  • Aug 31, 2017 11:27am Aug 31, 2017 11:27am
A picture is worth a thousand words...
Attached Image
  • #81,687
  • Edited 12:14pm Aug 31, 2017 11:29am | Edited 12:14pm
Quoting ReverseFlash
A picture is worth a thousand words... {image}
Look who crawled out of the woodworks.
Who care's. Trade's are in profit.
How about this one Flash!
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Click to Enlarge Name: XM MT4.png Size: 96 KB
  • #81,688
  • Aug 31, 2017 11:41am Aug 31, 2017 11:41am
Quoting emmanuel7788
{quote} Hi, replying your PM on this trade, you did not follow the 3 rules : https://www.forexfactory.com/showthr...35#post9984735 https://www.forexfactory.com/showthr...38#post9827438 {image}
Hi Emmanuel,
Pls explain TDI moderate
  • #81,689
  • Aug 31, 2017 11:52am Aug 31, 2017 11:52am
Quoting jkay7214
{quote} Hi Emmanuel, Pls explain TDI moderate
Page 7858 ..

https://www.forexfactory.com/showthr...1622&page=7858
Risiko birgt immer auch die Chance.
  • #81,690
  • Aug 31, 2017 11:57am Aug 31, 2017 11:57am
Quoting emmanuel7788
{quote} I think you mean this old post #80,775 link with that video. https://www.forexfactory.com/showthr...3#post10080343
Ops, sorry !!!

Actually was this one: https://www.forexfactory.com/showthr...77#post9796377
  • #81,691
  • Aug 31, 2017 1:02pm Aug 31, 2017 1:02pm
Hello Emmanuel,

Reading about BPP.

From this original post (https://www.forexfactory.com/showthr...59#post9588859) to more recent ones (https://www.forexfactory.com/showthr...5#post10122595 and https://www.forexfactory.com/showthr...0#post10209510) I can see you changed the templates.

Which one do you prefer?

Thanks.

RSP
  • #81,692
  • Aug 31, 2017 6:26pm Aug 31, 2017 6:26pm
Quoting RSP.fx
Hello Emmanuel, Reading about BPP. From this original post (https://www.forexfactory.com/showthr...59#post9588859) to more recent ones (https://www.forexfactory.com/showthr...5#post10122595 and https://www.forexfactory.com/showthr...0#post10209510) I can see you changed the templates. Which one do you prefer? Thanks. RSP

those are not my BPP template.

if you want to create a Big Picture Plan , here is the download [click]
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #81,693
  • Aug 31, 2017 6:36pm Aug 31, 2017 6:36pm
Quoting jkay7214
{quote} Hi Emmanuel, Pls explain TDI moderate

those terms aren't my creation but by the person who invented the Traders Dynamic Index..

Scalping - Big E's choice
Long = Green over Red,
Short = Red over Green

Active
Long = Green over Red & Yellow lines
Short = Red over Green & Yellow lines

Moderate This can be your choice, it is 'safer' and most profitable
Long = Green over Red, Yellow, & 50 lines
Short= Red over Green, Green below Yellow & 50 line
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #81,694
  • Aug 31, 2017 7:08pm Aug 31, 2017 7:08pm
August trading month has ended and today starts a new September month.

If you are trading once a day on the Day charts, no hurry to open any new trade baskets today.

Let the weekly close and enjoy your weekend.

Remember to update your Big Picture Plan and plan your trades for September. Do your risk and money management carefully.

Resume your trading next week.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #81,695
  • Aug 31, 2017 8:04pm Aug 31, 2017 8:04pm
Quoting okoso
{quote} Hi Emmanuel, How do you trade the DIB? Technically, if you are aggressive, you could enter the trendline breakout if not better to enter the breakout of mother bar of DIB. Also you could go down to lower timeframe and look for better PA entry. These are what I learned from from you teaching here. But this particular case of XAUUSD is a tricky one. I have not seen you posting trades on gold on lower time frame than D1, so going to lower time frame is not an option, as not an aggressive trader, use of trend line breakout is not an option either....
Quoting emmanuel7788
{quote} Buying the dips in low timeframe was tough last Friday and for those who managed to jump into buy. Now we possibly see 1308 as next target this week. Market sentiments is bullish. {image}
Hi Okoso,

I know you love to trade H4.

Buy the dips!

Did you catch that in H4?

Here is my POMO what to look for as setups in future.

Multi Timeframes Analysis and reconciliation is very important and is one of the many keys to successful trading. No amount of 'keep it simple' silly rants will make us into successful traders.

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD Week 36 Aug 31 PA.png Size: 73 KB


Now we plan for next month's trading.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #81,696
  • Aug 31, 2017 8:24pm Aug 31, 2017 8:24pm
Quoting emmanuel7788
{quote} Hi. Well, its 6 hours passed and we now saw what happened. We can speculate what caused this gap up early today. No retrace but be prepared for crazy price swings. Just this morning updated new target levels fr short term - 1316.57 and 1326.95, after seeing how 1308.51 got hit. Keep trailing SL below yesterday' low. Trade Safe.
XAUUSD target 1316 hit.

Now our next target is 1326, that is not far away but sometimes it can take days to reach a nearby target. Watchout for the lower timeframe corrections.
Continue to buy the dips... until we see major reversal.
Its Price Action, Price Action and more Price Action trading. It is that simple.

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD Week 35 target 1316 hit.png Size: 48 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #81,697
  • Aug 31, 2017 8:32pm Aug 31, 2017 8:32pm
Quoting eelfranz
PM I received ... Hi Big E, Interestingly, I have also started testing your method on Daily TF and planning to do all majors for the period 2005 - 2010. So far I have tested EURUSD for 2005-2007 and got the following results :- 2005 - 9W 4L - 69% win rate 2006 - 11W 5L - 69% win rate 2007 - 10W 1L - 91% win rate Though I got few number of trades on daily TF as compared to 4H TF however, the trade on daily runs as high as 1,000 pips but at the same time the proper SL could be as high as 300 pips. I am taking a comfort in...
interesting old post from July 2011 and that test results on Day charts.

anyone here actually traded the Day charts since 2011 till today? what is your results like?

I know there is no win rate above 60% but the winning pips are very high.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #81,698
  • Aug 31, 2017 11:24pm Aug 31, 2017 11:24pm
Quoting emmanuel7788
{quote} Hi, replying your PM on this trade, you did not follow the 3 rules : https://www.forexfactory.com/showthr...35#post9984735 https://www.forexfactory.com/showthr...38#post9827438 {image}
Hi Emm,
I remember you changed the PAC setting. Can you tell me which EA shows the newest setting? Thanks.
  • #81,699
  • Sep 1, 2017 12:32am Sep 1, 2017 12:32am
Quoting chnp
{quote} Hi Emm, I remember you changed the PAC setting. Can you tell me which EA shows the newest setting? Thanks.

There is no new setting for the PAC.

https://www.forexfactory.com/showthr...23#post3320923

https://www.forexfactory.com/showthr...61#post4132961

It is still the same PAC which Big E used when he started trading in 2008. Het considered that to be conservative so he removed the PAC and introduced his 5EMA instead.

https://www.forexfactory.com/showthr...43#post4355243

https://www.forexfactory.com/showthr...82#post4589182

Those who want to be aggressive in trading can try trade like Big E. Trust me you will lose more of your money than he did.

I am a conservative trader and I prefer to trade with smaller risks and smaller lots with multiple entries and multiple exits. This works great for me and I learned to accept taking small losses and I let my profits run by making my money work harder for me.

It is your own choice since you are trading your hard eared money.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #81,700
  • Sep 1, 2017 12:43am Sep 1, 2017 12:43am
Quoting emmanuel7788
{quote} There is no new setting for the PAC. https://www.forexfactory.com/showthr...23#post3320923 https://www.forexfactory.com/showthr...61#post4132961 It is still the same PAC which Big E used when he started trading in 2008. Het considered that to be conservative so he removed the PAC and introduced his 5EMA instead. https://www.forexfactory.com/showthr...43#post4355243 https://www.forexfactory.com/showthr...82#post4589182 Those who want to be aggressive...
Thank you so much. I did some test on EU 2017 First Half D1. It's so good. Please help to check if the entry and closure are right if you have time. Many thanks.
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