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Trading Made Simple

  • #84,801
  • Dec 28, 2017 5:41am Dec 28, 2017 5:41am
Quoting emmanuel7788
{quote} Question: Do you use limit order only or do you also use stop order when the price break the level 2?

I used to trade the triggers (break of point 2), of 123's, (using stop orders) but i never had enough success with that approach. To answer your question, i only use limit orders now.

123's are best used somewhere that you are already expecting them to form. I use EW and Fib levels to create lines alongside basic Market Profiling. If they line up with prior S/D zone than the likelihood of it being the start of a trend increases dramatically. Add any significant double tops/bottoms where a 2b occurs and you've got a great arsenal)
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
  • #84,802
  • Dec 28, 2017 6:29am Dec 28, 2017 6:29am
Quoting Tekkies
{quote} Hi Cable As to stop loss. BigE did not use stop loss either. When at computer exit when green goes flat, check mark, hook. Not at computer, yes then put a stop loss or in profit move TP to break even + spread or trailer stop. (Reading BigE's post's it seemed that most of his trades went straight into profit) One way of finding the entry. You need to know what the bar and wick is trying to tell you. This is way I prefer to use TMS. In the beginning, about 18 month's ago it was not simple and extremely difficult. Now it is simple, but not...
nice post bro.this is the one of gem of tms/tdi from great big e.this the core concept of TMS=trade made simple
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  • #84,803
  • Dec 28, 2017 6:39am Dec 28, 2017 6:39am
Quoting emmanuel7788
{quote} Hi freedom48, I see some good trades taken. I took the same UJ trade last 2 H4 candles +50pips . Did not take the GBPAUD and GBPCAD although I have the Buy VLines on both charts. With much stronger AUD and CAD, I am not so sure these pairs will move very much today. But we never know until we see NY session open. The crypto currencies are off limits for short term trading. Thanks for posting charts for sharing and discussions. I hope more traders will follow with posts and share their views , trades and discussions. Trade Well....

You took an entry here at 0400?

If yes, why? your s/u candle (0000) has not cross yet based on TDI

THanks
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  • #84,804
  • Dec 28, 2017 6:46am Dec 28, 2017 6:46am
Quoting emmanuel7788
{quote} Hi yesmanppa, Sorry cannot share those tools now in public forum like FF. Reason is very simple, anything shared here will be stolen and decompiled then sold on the internet by unscrupulous people to cheat innocent people online. Happened before when someone took my years of hard work and sold them online through his website. Anyway, we will be trading live starting in Week 02, Jan 2018 using semi-automated trading tools. Stay tuned for more announcements.
you are right some peoples are always stole others hard work because they have no balls....i am not coder or programmer but my ols 3rsi threa myfriend code indicator for me for my own thought now i found one day one famous /popular man just add one more indicator and main core is my classy blast and he is selling on E-bay .if you just search "classy blast" than you will see it is available many professional form/site/blog and they offer free (i have no objections)but selling e-bay without permission is really hurt me but nothing to do ..so it happened ..happening and will happen...but we cant deprive innocent people..imho
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  • #84,805
  • Dec 28, 2017 6:59am Dec 28, 2017 6:59am
Quoting emmanuel7788
{quote} Hi freedom48, I see some good trades taken. I took the same UJ trade last 2 H4 candles +50pips . Did not take the GBPAUD and GBPCAD although I have the Buy VLines on both charts. With much stronger AUD and CAD, I am not so sure these pairs will move very much today. But we never know until we see NY session open. The crypto currencies are off limits for short term trading. Thanks for posting charts for sharing and discussions. I hope more traders will follow with posts and share their views , trades and discussions. Trade Well....
I have also other trades on count like below, but I am not entry blind only because this chart. There are some few other factors to catch as much as possible overbought oversold conditions, in fact this as well as important as this simple chart... For the cryptos I do actually not like them but in H4 they are performing nice trends.
Beside the below charts the GBPCAD is giving me Buy signal, but it is not good for the moment. However if you can mix 10 trades and 7 are good, then you are good.
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" Accepting losses is the most important single investment devise "
  • #84,806
  • Dec 28, 2017 7:13am Dec 28, 2017 7:13am
Quoting classy
{quote} you are right some peoples are always stole others hard work because they have no balls....i am not coder or programmer but my ols 3rsi threa myfriend code indicator for me for my own thought now i found one day one famous /popular man just add one more indicator and main core is my classy blast and he is selling on E-bay .if you just search "classy blast" than you will see it is available many professional form/site/blog and they offer free (i have no objections)but selling e-bay without permission is really hurt me but nothing to do ..so...

I have never thought of Ebay for indicators, just looked, its packed with them. I see what you mean Bob44
  • #84,807
  • Dec 28, 2017 7:22am Dec 28, 2017 7:22am
Quoting ekoooy
{quote} You took an entry here at 0400? If yes, why? your s/u candle (0000) has not cross yet based on TDI THanks {image}
Because I am using actually another indicator to filter. But however it was in allignment with emmanuel7888 H4 dashboard as well on the moment, I was not sleeping waiting my GF back from the party she gone. So I heard the signal from the Dashboard , then I checked my signal and checked 1best5tma template, they were synchronized. I actually do not remember very well if the cross happened on TDI clearly, but it was clearly on a crossing moment to the downside as you can see on the red line it is a directed to downside. I was also aware of the risk but wanted to take the risk before sleeping
" Accepting losses is the most important single investment devise "
  • #84,808
  • Dec 28, 2017 7:27am Dec 28, 2017 7:27am
Quoting freedom48
{quote} Because I am using actually another indicator to filter. But however it was in allignment with emmanuel7888 H4 dashboard as well on the moment, I was not sleeping waiting my GF back from the party she gone. So I heard the signal from the Dashboard , then I checked my signal and checked 1best5tma template, they were synchronized. I actually do not remember very well if the cross happened on TDI clearly, but it was clearly on a crossing moment to the downside as you can see on the red line it is a directed to downside. I was also aware of...
Thank you.

What are your other indicators that you are using? Can you share it here?

Thanks
  • #84,809
  • Dec 28, 2017 7:56am Dec 28, 2017 7:56am
Quoting Tekkies
{quote} In hindsight you can see the "Neg Div ....", how do you see it when bar 0 is forming? TDI cross is more or less underneath 2 entry is at 3 - 2 / 3 bar's after the cross. That look's like a very conservative way of trading. Rick will this be a box? (Training chart) At the time of the cross Correct - Stoch - TDI Wrong - Bar are same size - Wicks are small or none - Buyers and sellers are in agreement - consolidation Zoom out - against the trend - pienk Support - yellow Resistance No trade {image}
Hi Tekkies

If your'e asking me about the EURJPY.
King Boxes only present them selves around a Monthly Resistance line. At present there is done so its just a period of consolidation in a area I call No Mans Land.
The price could go either way up or down but it WILL search for a area of safety at either 132.86 or 136.08 at a monthly control line.

I favour the upside because its on a Bullish trend.
Trading thin liquidity at the boundary of the charts
  • #84,810
  • Dec 28, 2017 8:11am Dec 28, 2017 8:11am
Quoting Tekkies
{quote} Freedom Keep trading like that, you can't go wrong. Now do it over and over until it is second nature. If and when a trade bite you, find the mistake, make a mental note not to do it again. ---------- Not part of TMS - previous member posted a 5EMA with shift -3. play with it and see how some false entry's are cancelled.
Thank you, TMS needs to cancel some bad trades early and therefore running good trades as much as the PA is showing good direction alligned with the TDI. However it is also 28.12.2017 and better actions will come soon.
" Accepting losses is the most important single investment devise "
  • #84,811
  • Dec 28, 2017 9:19am Dec 28, 2017 9:19am
NZDUSD

A kings Bar will spike the TDI upwards so we need to be aware of what this action really means. In both cases it created consolidation so both of these crosses were not idea. Learn to recognise how these big Bars around monthly line effects the TDI.

Just wait for the correct TDI cross when price action leaves the Kings Box. Here you can see price action leaving the Kings Box in the end for easy money.
You will increase your win trades by 50% with this knowledge.
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Trading thin liquidity at the boundary of the charts
  • #84,812
  • Dec 28, 2017 9:28am Dec 28, 2017 9:28am
Quoting RickM
NZDUSD A kings Bar will spike the TDI upwards so we need to be aware of what this action really means. In both cases it created consolidation so both of these crosses were not idea. Learn to recognise how these big Bars around monthly line effects the TDI. Just wait for the correct TDI cross when price action leaves the Kings Box. Here you can see price action leaving the Kings Box in the end for easy money. You will increase your win trades by 50% with this knowledge. {image}

Rick why are you posting different chart from the original one? I'm a bit confused, i knew BigE would see only charts like the original one.

(I'm not ironic/provocatory... i just want to understand why post different entries and logics when he told to don't do it)
  • #84,813
  • Dec 28, 2017 9:31am Dec 28, 2017 9:31am
Quoting bob44
{quote} I have never thought of Ebay for indicators, just looked, its packed with them. I see what you mean Bob44
thanks bob for your time and effort.my 3 rsi stg/classy blast is created after long research and trial and error and also participate /contribute many expert trader like lghr bro ,nihilist,drago,steve,davit ,open y and more senior members...but now some selling with his name
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  • #84,814
  • Dec 28, 2017 1:05pm Dec 28, 2017 1:05pm
How Many Crypto Currencies, This may surprise you, I DON'T trade them as I don't understand the mechanics

All Criptos

https://uk.investing.com/crypto/currencies

Top Cryptos


https://uk.investing.com/crypto/
  • #84,815
  • Dec 28, 2017 2:53pm Dec 28, 2017 2:53pm
Quoting emmanuel7788
{quote} Yes, I agree we need to slowly wean off from using technical indicators. But many new TMS traders cannot do without the HA and TDI. They need more time and learn to trade with naked charts. I can trade without the TDI but I left that on my chart template. I removed the Stochastics years ago. When I resume trading in week starting in Jan 08, I will drop the TDI from my trading charts when I implement my new trading tools. It is based on this last training chart by Big E. What I have done is remove the TDI and use smart tools on charts. In...

I would also be waiting for your post on how to choose weekly pairs to trade as you mentioned previously.

Wish you happy new year !
  • #84,816
  • Dec 28, 2017 3:19pm Dec 28, 2017 3:19pm
Good morning folks,

read my favourite pots of this week by hanover.

The limitations of KISS
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #84,817
  • Dec 28, 2017 3:32pm Dec 28, 2017 3:32pm
Quoting traderji28
{quote} I would also be waiting for your post on how to choose weekly pairs to trade as you mentioned previously. Wish you happy new year !
Hi traderji28,

We all have learn quite a few things this year,

WCC=Weekly Control Candle by strat
WRB = Wide Range Bar
MC3 =Master Candle [3]
Mother Bar of an Inside Bar


Now go to you USDJPY weekly chart and learn how to spot these WCC, WRB, MC3 and Mother Bar of IB.
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Next week will be a new trading week and also a brand new trading year. We will make money with UJ. Trade M5, M15, H1, H4 and D1.

We should be able to make money in 2018 and 2019 trading 3 pairs - EURUSD, USDJPY and GBPJPY. That's my vision for 2020.

We need to make plans for both at the same time.
Financial Independence
Financial Freedom

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Happy New Year....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #84,818
  • Dec 28, 2017 3:38pm Dec 28, 2017 3:38pm
Quoting emmanuel7788
AUDJPY and EURJPY pairs Dec 28 H4 {image} {image}

AUDJPY - Closing all Buy positions was correct decision.

EURJPY - Not trading sell into consolidation zone also a correct decision.

Update charts below:

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #84,819
  • Dec 28, 2017 3:43pm Dec 28, 2017 3:43pm
Quoting bob44
How Many Crypto Currencies, This may surprise you, I DON'T trade them as I don't understand the mechanics All Criptos https://uk.investing.com/crypto/currencies Top Cryptos https://uk.investing.com/crypto/

the crypto frenzy will continue into 2018,

some will make millions, only the super rich will get richer.

many will lose their hard earned money.

do not speculate in the markets with your hard-earned money.

Trade Safe and you wont lose your shirt.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #84,820
  • Dec 28, 2017 4:01pm Dec 28, 2017 4:01pm
USD pairs, some very good runs this week.
It's Friday and we have our 4H swing trading rule i.e. close all positions by London session closing hour.
Moreover, today is the last trading day for this week / year.

Update TMS VLine charts below:
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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