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Trading Made Simple

  • #87,041
  • Edited 3:17am May 1, 2018 2:50am | Edited 3:17am
Quoting Tekkies
{quote} emmanuel That is wrong. Post#8703 not how to trade on D1 Quoting eelfranz I'm going to do a test on the Daily charts. When green crosses red I'll stay in until green crosses red again. I'll report the results in a week or so... I'll only enter if the candles are medium length or larger... wish me luck ...

@Tekkies,

what about this post#4752 in June 2011.
Quoting eelfranz
Hey Gang, You know I prefer to trade the the 1 & 4hr timeframes.... Don't be afraid to trade the Dailies for you working guys and gals. They generally have nice runs per reversal.... give it a try....
Is this also wrong to trade the D1 chart?

Why then did he post 4752 and then later in post 8703 say he is going to test trading the D1 chart. Didn't he tested trading D1 before he made post 4752?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,042
  • May 1, 2018 2:58am May 1, 2018 2:58am
Trading blindly GBPJPY TDI crosses will be losses,

see for yourself this chart below

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY D1 TDI crosses.png Size: 54 KB


you need a higher timeframe check ...


do it and see which TDI cross in the D1 you will not take the trades.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,043
  • May 1, 2018 3:20am May 1, 2018 3:20am
I'll be building that list now...

The old 'I'll PM you privately'. Now @emmanuel, that is a new level of low.

Man, why you gotta do this? It (you) really stinks.

Attached Image (click to enlarge)
Click to Enlarge Name: low at 10.13.58.png Size: 47 KB
'in less than half an hour he made over 100 ticks'
  • #87,044
  • May 1, 2018 3:29am May 1, 2018 3:29am
Quoting emmanuel7788
{quote} @Tekkies, what about this post#4752 in June 2011. {quote} Is this also wrong to trade the D1 chart? Why then did he post 4752 and then later in post 8703 say he is going to test trading the D1 chart. Didn't he tested trading D1 before he made post 4752?
What is there to debate about?
That post read that he was going to do a test and report result's back. Nothing more, Nothing less.
Did you read / saw the result's of that test?
Yes - where did he posted it?
No - then how do you know if the result's were good or bad.

if you remember Big E post on how to trade on D1 chart, Post#8,703 is wrong and based on assumption
  • #87,045
  • May 1, 2018 3:45am May 1, 2018 3:45am
Quoting Tekkies
{quote} What is there to debate about? That post read that he was going to do a test and report result's back. Nothing more, Nothing less. Did you read / saw the result's of that test? Yes - where did he posted it? No - then how do you know if the result's were good or bad. if you remember Big E post on how to trade on D1 chart, Post#8,703 is wrong and based on assumption

@Tekkies,

we can discuss what we learned from the OP and how we trade.

are you saying that the OP Big E was wrong when he made that post#8703 and he was made that on assumption?

what about the earlier post when he said:
Quoting eelfranz
Hey Gang, You know I prefer to trade the the 1 & 4hr timeframes.... Don't be afraid to trade the Dailies for you working guys and gals. They generally have nice runs per reversal.... give it a try....
did you study all his D1 training charts?

perhaps you still miss a lot of what Big E was teaching people following his thread.
someone did the test on D1 and shared his test results with him privately.

I also did my own test using the past 10 years live data and the results were also positive and better than H4.
I posted the results in this thread.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,046
  • May 1, 2018 3:50am May 1, 2018 3:50am
Quoting onejester
I'll be building that list now... The old 'I'll PM you privately'. Now @emmanuel, that is a new level of low. Man, why you gotta do this? It (you) really stinks. {image}

sorry folks if you do not attempt to answer the post I made, then I will only reply to member Sachu via PM as he is the only one who showed interest.


or you can go back to that post and do the work.

https://www.forexfactory.com/showthr...1#post11009001

re-post:

Here is a weekend exercise for those who want to use THV CaveManager CM for trade management.

Look at the chart below.
Assume you entered a buy with bar/candle 1 or 2 and use CM to manage the trade exit with Trail_by_Prev candle low.

Which bar/candle will your exit trailing SL be hit?

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD D1 chart trade exit management.png Size: 76 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,047
  • May 1, 2018 3:55am May 1, 2018 3:55am
Look at USDCHF D1 chart.

if you have done your top down analysis and know where to trade and when not to trade, you would have made thousands of pips in the last 4 months.

Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF D1 chart Jan to Apr 2018.png Size: 61 KB


just go and look at the 20 pairs I mentioned.

How pairs were trending in the first 4 months Jan to Apr 2018?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,048
  • May 1, 2018 4:07am May 1, 2018 4:07am
Here is his test result on D1 chart trading:

The same conclusion I made comparing trading D1 and H4. Fewer trades on D1 but the profit is very much higher.

Attached Image (click to enlarge)
Click to Enlarge Name: Big E post on D1 test results.png Size: 52 KB



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 the fact that if win rate...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,049
  • May 1, 2018 4:15am May 1, 2018 4:15am
I understand that the Price Action Channel is two smooth MA, period 5, apply to low and high. My problem is, I can not see the option to apply to high and low. Maybe Im using a diffent kind of Moving Average Indicator. Can some one attached mq4 file of MA youre using, that has the option to set to low and high...
  • #87,050
  • May 1, 2018 5:08am May 1, 2018 5:08am
Quoting emmanuel7788
{quote} @Tekkies, we can discuss what we learned from the OP and how we trade. are you saying that the OP Big E was wrong when he made that post#8703 and he was made that on assumption? what about the earlier post when he said: {quote} did you study all his D1 training charts? perhaps you still miss a lot of what Big E was teaching people following his thread. someone did the test on D1 and shared his test results with him privately. I also did my own test using the past 10 years live data and the results were also positive and better than H4. I...
You like to twist word's emmanuel7788

You wrote "if you remember Big E post on how to trade on D1 chart, Post#8,703 " not me.
You told member's to trade from cross to cross based what he was going to test and report back on.

Edit:
"Here is his test result on D1 chart trading:" Wrong again. It is a member's PM to BigE, one member that done a test not BigE.
PM I received ... Hi Big E,
Yep, BigE send himself private message in FF. Great!
Did you read the last sentence? "Looking forward the result of your testing"

How many time's does a metode needed to be tested?
According to your standerd - Once.
Now you are telling member's that is how BigE trade the D1.

Show one post of BigE where he instructed members how to trade D1. Only one post emmanuel in this thread. Only one.
  • #87,051
  • May 1, 2018 5:26am May 1, 2018 5:26am
Quoting Tekkies
#121 Note the last 20 candles (PA) are pretty flat with some movement. You took the trade close to the TDI 32 line which is about the bottom. However I've seen trades taken short on the 32 line go 100 pips profit... Just be aware how close you are to the 68 & 32 line and pay close attention. The TDI and Stochs are giving opposite signals... Also pay attention to the left on the TDI for tops and bottoms... there pretty accurate for reversals... {image}
This time a entry below 32 will work
Placed sell order's below support.
Attached Image
  • #87,052
  • May 1, 2018 5:35am May 1, 2018 5:35am
So far I'm afraid that TDI gave me worst entries that good ones...

Short Trade taken on GOLD

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 32 KB
Building a Freedom All Time Return: 5,178.8%
  • #87,053
  • May 1, 2018 5:38am May 1, 2018 5:38am
Quoting emmanuel7788
Look at USDCHF D1 chart. if you have done your top down analysis and know where to trade and when not to trade, you would have made thousands of pips in the last 4 months. {image} just go and look at the 20 pairs I mentioned. How pairs were trending in the first 4 months Jan to Apr 2018?
No offense...Did you make thousand pips for USDCHF? How did you expect this move up based on your top down analysis? Thanks.
FOR THE HORDE
  • #87,054
  • May 1, 2018 5:42am May 1, 2018 5:42am
GBPNZD 4hr chart, Thoughts ?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 37 KB
  • #87,055
  • May 1, 2018 5:54am May 1, 2018 5:54am
Quoting fxlrich
GBPNZD 4hr chart, Thoughts ? {image}
I think it's too tight stop loss.
FOR THE HORDE
  • #87,056
  • May 1, 2018 6:14am May 1, 2018 6:14am
Quoting Tekkies
{quote} You like to twist word's emmanuel7788 You wrote "if you remember Big E post on how to trade on D1 chart, Post#8,703 " not me. You told member's to trade from cross to cross based what he was going to test and report back on. Edit: "Here is his test result on D1 chart trading:" Wrong again. It is a member's PM to BigE, one member that done a test not BigE. PM I received ... Hi Big E, Yep, BigE send himself private message in FF. Great! Did you read the last sentence?...

@Tekkies,

I know English is not your first language and you have some problem in reading and comprehension.

Everyone whom read that post knows that was a PM sent to him.

Big E posted several D1 training charts and you must do your own work and search for them and study hi D1 training charts. There is no short cut to reading, learning and understanding. There is no free lunch here.

Big E did made this post 4752
<quote>
Don't be afraid to trade the Dailies for you working guys and gals. They generally have nice runs per reversal.... give it a try....
<unquote>
that was in June 2011.

Trading the D1 chart then was the same exit rule as his H4.

Then came post 8703 weeks later saying to test entry and exit with just TDI cross,

So I did those tests on my own and found that to work well when trading the D1 but I realsie the exit is better when the Ha candle close with colour change and also the use of 2Bars_Look_Back to trail the market.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,057
  • May 1, 2018 6:18am May 1, 2018 6:18am
Quoting J1mm
So far I'm afraid that TDI gave me worst entries that good ones... Short Trade taken on GOLD {image}
Tradeing without TDI?
Where is TDI?
  • #87,058
  • May 1, 2018 6:26am May 1, 2018 6:26am
Quoting emmanuel7788
{quote} @Tekkies, I know English is not your first language and you have some problem in reading and comprehension. Everyone whom read that post knows that was a PM sent to him. Big E posted several D1 training charts and you must do your own work and search for them and study hi D1 training charts. There is no short cut to reading, learning and understanding. There is no free lunch here. Big E did made this post 4752 <quote> Don't be afraid to trade the Dailies for you working guys and gals. They generally have nice runs per reversal.... give it...
One of four language emmanuel.
You can post as much as you want emmanuel nowhere did BigE posted how to trade D1.
Members want to risk their money on what you and one member posted way back may have done, well it is their money.

(with google translate all language )
  • #87,059
  • May 1, 2018 6:26am May 1, 2018 6:26am
Quoting JKLee
{quote} No offense...Did you make thousand pips for USDCHF? How did you expect this move up based on your top down analysis? Thanks.
Hi JKLee

No I did not make thousand pips with USDCHF because I don't trade any CHF pairs. You look at my 20 pairs and I have 5 groups in there and CHF is not in there.
If you follow the approach I use for top down analysis and have a Big Picture pf the market, then picking that start of that trend in April was an easy one. No secret for those EOD traders. Its has to do with the D1 PAC and market volatility.

If you look at my trades with GBPUSD the last 2 weeks, the number of pips can pile up when we trade with averaging up in a trending move.

Today I close GBPUSD +188 pips from 4 trade positions open yesterday. The move down was about 80 pips so far, and with multiple positions, the total number of pips is 188pips,... about 2.35 times that 80pips move from yesterday.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Week 18 May 01 trades closed.png Size: 17 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,060
  • Edited 6:58am May 1, 2018 6:46am | Edited 6:58am
Here are some old charts posted by the OP Big E.

Looks like the Entries... regardless the time frames... the set ups are all the same...isn't these simple and easy?

Daily
Attached Image (click to enlarge)
Click to Enlarge Name: Big E Daily trade.png Size: 126 KB


Weekly
Attached Image (click to enlarge)
Click to Enlarge Name: Big E Weekly trade.png Size: 190 KB


Monthly
Attached Image (click to enlarge)
Click to Enlarge Name: Big E Monthly trade.png Size: 145 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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