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Trading Made Simple

  • #85,321
  • Jan 9, 2018 3:46am Jan 9, 2018 3:46am
Quoting catalin_eros
{quote} But wouldn't supply and demand areas have to be fresh (not previously touched), in order to be considered valid?
No! The opposite.

We do not have the proof of such an area until it has shown a reaction there.

For me, the fresher it is, the more accurate it is, although it works on basically all time scales.

If you think about it, it is common sense. Order gets placed, price reacts but full order was not filled. That same buyer/seller, than manipulates the price back to limit where another chunk, or the rest of the order gets filled.

Often, what goes up fast, also comes back down fast and vica versa, that is the manipulation. A buyer needs to get people selling and the big boys can control this easily;

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and in a faster tick with more detail;

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  • #85,322
  • Jan 9, 2018 4:06am Jan 9, 2018 4:06am
The whole argument about PA vs indicators... well, i don't think there even is one.

I don't know anyone who makes money using indicators. In fact everyone that i know who are successful traders use S/D. Imo, it is the ONLY way to make money.

Let's face it, you have to align yourself to what the market is telling you. You can only do that in real time, taking trades at the prior reversal points. Indicators lag these points and will just cost you money over and over again.

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  • #85,323
  • Jan 9, 2018 4:07am Jan 9, 2018 4:07am
Quoting The Cableguy
{quote} No! The opposite. We do not have the proof of such an area until it has shown a reaction there. For me, the fresher it is, the more accurate it is, although it works on basically all time scales. If you think about it, it is common sense. Order gets placed, price reacts but full order was not filled. That same buyer/seller, than manipulates the price back to limit where another chunk, or the rest of the order gets filled. Often, what goes up fast, also comes back down fast and vica versa, that is the manipulation. A buyer needs to get people...
Stevepat gave a nice image about buyers and seller's
http://www.forexfactory.com/attachme...7&d=1486575371
  • #85,324
  • Jan 9, 2018 5:31am Jan 9, 2018 5:31am
Quoting The Cableguy
The whole argument about PA vs indicators... well, i don't think there even is one. I don't know anyone who makes money using indicators. In fact everyone that i know who are successful traders use S/D. Imo, it is the ONLY way to make money. Let's face it, you have to align yourself to what the market is telling you. You can only do that in real time, taking trades at the prior reversal points. Indicators lag these points and will just cost you money over and over again. {image}
Cable
Add TDI indicator to the chart posted. Would really like to compare TDI against 123 method.
  • #85,325
  • Jan 9, 2018 6:31am Jan 9, 2018 6:31am
If you feel you must use indicators, then they should be a confirmation of your entry based on PA, but never be the reason for entry.
  • #85,326
  • Jan 9, 2018 6:51am Jan 9, 2018 6:51am
A typical price reaction on H4 NZDUSD where traders are hitting SL several times trying to trade SELL if not used other confirmations beside TDI. Lessons Lessons..
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" Accepting losses is the most important single investment devise "
  • #85,327
  • Jan 9, 2018 6:53am Jan 9, 2018 6:53am
Quoting Tekkies
{quote} Cable Add TDI indicator to the chart posted. Would really like to compare TDI against 123 method.
I kind of think that you're missing the point somewhat.

There are incredibly fine lines as to the difference between making money and losing money when trading.

My entries usually go straight into profit. By the time that you have your crossover or whatever indicator to give you an entry, i'm already in profit with my stoploss at BE.

Your risk therefore even with stops at initial place (below last LH/HL) will be multiples of mine.

That then means that if we both stayed in a trade until the same point of exit, i can be 5 or 6 times my initial risk to your double. That means i can take far bigger positions for the same risk in monetary terms.

Now add in your losers and you will see why one system works and one won't...
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  • #85,328
  • Jan 9, 2018 6:55am Jan 9, 2018 6:55am
Quoting emmanuel7788
the markets is plural and gender blind... that means both boys and girls can trade the markets.
Actual there are more genders nowadays many. Your answer was genuis..)
" Accepting losses is the most important single investment devise "
  • #85,329
  • Jan 9, 2018 7:08am Jan 9, 2018 7:08am
Quoting handy148
If you feel you must use indicators, then they should be a confirmation of your entry based on PA, but never be the reason for entry.
Handy are you starting to understand Trading Made Simple.
TDI cross over only show you there exist a possible setup of an entry. You as the trade must use post#647 to determine the valediction of the entry.
post#647 is price action (in simple word's)
- Check Support / Resistance level
How many trader's use S/R to open / close trade's, place stop loss and take profit
- Check Long Term Trend
- Check Short Term Trend
How many use "trade in the direction of the trend"
- Check 5EMA
Here you can use 10, 34, 50, 100, 200 MA - your choice
- Check Bar
- Check Wick
Mix them and you get HH HL LH LL, candle pattern's, 123 method, inside bar, outside bar, pin bar
- Check Angle
- Check TDI level
- Check Stoch
This belong to TMS

You don't know how to use post#647 TDI crossover will take you to margin call very fast. Sure you will be lucky (say 52%) of the time. It is that 48% that will kill the account fast.

TDI is a lagging indicator. Always one bar behind price. Green goes flat, hook over, check mark is most of the time to early. You have to understand post#647. You don't, you are going to get burned real fast.
  • #85,330
  • Jan 9, 2018 7:31am Jan 9, 2018 7:31am
Quoting The Cableguy
{quote} I kind of think that you're missing the point somewhat. There are incredibly fine lines as to the difference between making money and losing money when trading. My entries usually go straight into profit. By the time that you have your crossover or whatever indicator to give you an entry, i'm already in profit with my stoploss at BE. Your risk therefore even with stops at initial place (below last LH/HL) will be multiples of mine. That then means that if we both stayed in a trade until the same point of exit, i can be 5 or 6 times my initial...
Cable.
Would love to call you out, like those old western gunslinger. Pistol TDI-647 against Pistol 123-method. Normally the man that could draw the fastest and shoot accurate walked away alive.

Unfortunately you don't post a chart that BigE or I use. To test what you say I need a chart (forex) with where you have placed's trade's in the past.
Better a chart where an order has been placed where the direction of the trend is unkown.
ea Live or Demo account
  • #85,331
  • Jan 9, 2018 7:35am Jan 9, 2018 7:35am
Quoting Tekkies
{quote} Is Catalin not a female name?
Nope, it isn't. and I know the pronunciation in English might seem like a girly name. But do not worry, you are not the first one to do that mistake, and probably not the last, either. Guido was the first, he helped me with TMS and also tried hitting on me, thinking I was a girl. Funny moments, and we have been friends ever since.

Quoting strat
{quote} Usernames intrigue me as I believe they tell of a person's personality and character so, after some research, I find that "Catalin" is the name for males in Romania ( I discounted the Basque name for "Catherine") and Eros is the God of Love so, putting these together I can only assume you are The Playboy of Romania!
  • #85,332
  • Jan 9, 2018 8:26am Jan 9, 2018 8:26am
Quoting The Cableguy
{quote} I kind of think that you're missing the point somewhat. There are incredibly fine lines as to the difference between making money and losing money when trading. My entries usually go straight into profit. By the time that you have your crossover or whatever indicator to give you an entry, i'm already in profit with my stoploss at BE. Your risk therefore even with stops at initial place (below last LH/HL) will be multiples of mine. That then means that if we both stayed in a trade until the same point of exit, i can be 5 or 6 times my initial...

You are barking up the wrong tree. Don't waste your energy....
  • #85,333
  • Jan 9, 2018 8:28am Jan 9, 2018 8:28am
Hey Tekkies, You are obviously a strong believer of TMS. Can you start a live TMS trade explorer so we can follow your trading success?
Your trade order needs to be in the right place at the right time.
  • #85,334
  • Jan 9, 2018 8:40am Jan 9, 2018 8:40am
Quoting Islandfx911
Hey Tekkies, You are obviously a strong believer of TMS. Can you start a live TMS trade explorer so we can follow your trading success?
Well that is why I post Trading Made Simple. Not to convince members that this method is wrong and the real profit's are with methode XYZ.
Why are you posting in TMS. To study / learn from BigE's post or to change post#1?

Find BlackStone Futures in Trade Explorers Broker and I will put one up. At the same time you also put a Trade Explorer up with the method you use.
  • #85,335
  • Jan 9, 2018 8:55am Jan 9, 2018 8:55am
FF have perfectly good trade explorers that show a detailed account statistics. Why go to an African brokers site when you can easily put a trade explorer here? Maybe call it the Pistol TDI-647 trade explorer and show us your talent.
Your trade order needs to be in the right place at the right time.
  • #85,336
  • Jan 9, 2018 9:01am Jan 9, 2018 9:01am
Quoting Ss45
{quote} You are barking up the wrong tree. Don't waste your energy....
Ss45
Why does every member come to Trading Made Simple and tell member's this method is corrupt.
I don't go to other thread's and tell member's in that tread that the method in use is wrong. The OP will kick my butt.

Would Cable allow me to post TMS chart's and tell every member that TMS is the only way to go in his Plan the Trade thread or any OP for that matter.
  • #85,337
  • Jan 9, 2018 9:10am Jan 9, 2018 9:10am
Quoting Islandfx911
FF have perfectly good trade explorers that show a detailed account statistics. Why go to an African brokers site when you can easily put a trade explorer here? Maybe call it the Pistol TDI-647 trade explorer and show us your talent.
I think he means he trades with Blackstone and the trade explorer doesn't have them in their list of brokers.
Success means going from failure to failure without loss of enthusiasm
  • #85,338
  • Jan 9, 2018 9:19am Jan 9, 2018 9:19am
Quoting Islandfx911
FF have perfectly good trade explorers that show a detailed account statistics. Why go to an African brokers site when you can easily put a trade explorer here? Maybe call it the Pistol TDI-647 trade explorer and show us your talent.
Why are you posting in TMS. To study / learn from BigE's post or to change post#1?

Will a picture help?
Attached Image
  • #85,339
  • Jan 9, 2018 9:27am Jan 9, 2018 9:27am
Quoting Tekkies
{quote} Why are you posting in TMS. To study / learn from BigE's post or to change post#1? Will a picture help? {image}
That picture is a great help. Muppet
You talk the talk now walk the walk. Stop the plagiarism and grow some balls. Show everyone here that TMS trading can give you steady returns or go out into the street and multiply.
Your trade order needs to be in the right place at the right time.
  • #85,340
  • Edited 10:50am Jan 9, 2018 9:31am | Edited 10:50am
Tekkies - mon ami all indicators are lagging, hence my post.
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