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Trading Made Simple

  • #87,081
  • May 2, 2018 1:52am May 2, 2018 1:52am
RealJumper,
Im sorry but I can't see Emm shaming Tekkies in those posts, just pointing out ideas and some real lessons to learn from that screenshot. Pity he deleted it.
I was about to point out that it's better to wait for 1H chart to close for TDI cross to happen, would've kept him out of trade.


Quoting realjumper
{quote} When someone deletes THEIR OWN post, for whatever reason, you do NOT have the right to screenshot and repost their post. Just who the hell do you think you are, you nasty little man? Clean up report sent
  • #87,082
  • May 2, 2018 1:54am May 2, 2018 1:54am
Quoting bigpips
RealJumper, Im sorry but I can't see Emm shaming Tekkies in those posts, just pointing out ideas and some real lessons to learn from that screenshot. Pity he deleted it. I was about to point out that it's better to wait for 1H chart to close for TDI cross to happen, would've kept him out of trade. {quote}

Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,083
  • May 2, 2018 1:56am May 2, 2018 1:56am
Quoting bigpips
RealJumper, Im sorry but I can't see Emm shaming Tekkies in those posts, just pointing out ideas and some real lessons to learn from that screenshot. Pity he deleted it. I was about to point out that it's better to wait for 1H chart to close for TDI cross to happen, would've kept him out of trade. {quote}

Scary enough that stalker takes a screenshot of every post.
Newbies be warned of emmanuel7788. Hes not true.
  • #87,084
  • May 2, 2018 2:23am May 2, 2018 2:23am
hanover

Sad week for Forex Factory as one of the distinguished member left after so many years contributing here and helping people .
I can understand the reasons he stated why he decided to leave FF.

https://www.forexfactory.com/showthr...1#post11010611
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,085
  • May 2, 2018 2:28am May 2, 2018 2:28am
Quoting Malony
{quote} Scary enough that stalker takes a screenshot of every post.

there is an user application programming interface which allows you to follow public forums to alert you when there are new post by selection and also can print screen shots of posts and alerting sending you via Whatsapp, Telegram, etc.

and there is other default features available in FF too.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,086
  • May 2, 2018 2:34am May 2, 2018 2:34am
EURUSD H1 BUEB BUOB Frankfurt Open candle

for H1 sniper traders taking counter trend trades

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Week 18 H1 May 02 BEEB BUOB setup.png Size: 52 KB


earlier post chart H1

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Week 18 May 02 H1 FO.png Size: 34 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,087
  • May 2, 2018 2:36am May 2, 2018 2:36am
Quoting emmanuel7788
{quote} there is an user application programming interface which allows you to follow public forums to alert you when there are new post by selection and also can print screen shots of posts and alerting sending you via Whatsapp, Telegram, etc. and there is other default features available in FF too.

Cheap talk that doesnt change the fact.
Newbies be warned of emmanuel7788. Hes not true.
  • #87,088
  • May 2, 2018 2:38am May 2, 2018 2:38am
TMS Monitor H1 alerts when London open...

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor EURUSD alert H1.png Size: 40 KB


Only take a trade when you have done a trade plan and know what alert to follow.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,089
  • May 2, 2018 2:58am May 2, 2018 2:58am
Quoting emmanuel7788
{quote} I only hear about that from another member who skype with him. The OP stopped posting after Oct 2011. He was very ill back then with serious heart problems. I know he stopped using the 5EMA but left that on his charts posted here. Hi entry candle is more aggressive than before. He no longer wait for the setup candle to close above/below the 5EMA. If you look at your H4 charts, there are some candle which you can enter when the HA is active candle#1. But you must look at the real price bar and the price momentum to learn why he enter during...
Thank you sir for clarifying the idea clearly.

Regards,
  • #87,090
  • May 2, 2018 3:15am May 2, 2018 3:15am
TDI hook back example - EURUSD H1

When that last H1 candle closed, the TDI Green hook back. Note that is he TDI Red Green (Post#25) and the chart not not been refreshed yet.

Before

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Week 18 H1 May 02 BEEB BUOB setup.png Size: 52 KB


After, one hour later

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Week 18 H1 May 02 TDI hook back.png Size: 51 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,091
  • May 2, 2018 4:17am May 2, 2018 4:17am
EURUSD May 02 ... another H1 candle later, TDI cross down and Stochastics also poin in the same direction. But taking a sell trade is still risky for two reasons, support below, price still in consolidation H4, etc.



Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Week 18 May 02 H1 LO TDI cross down.png Size: 47 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,092
  • May 2, 2018 6:09am May 2, 2018 6:09am
Quoting Mohanned
{quote} Thank you sir for clarifying the idea clearly. Regards,

Here is an example where you can take an entry before the HA candle close below the 5EMA. Study the HA candles carefully how the HA reacts to price. It acts like an moving average.
The price action is a PullBack bar/candle (X-Man) that occur at a previous key resistance zone 78.85 and 79.30 and also that BRN 79.00
Note also the Stochastic show divergence.


Attached Image (click to enlarge)
Click to Enlarge Name: NZDJPY D1 chart example pullback candle.png Size: 45 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,093
  • May 2, 2018 7:04am May 2, 2018 7:04am
EURUSD May 02 H1 trading

several hours on and still not trade because Post#64& checklist,

- there is no short term trend , H4 is narrow range with the Master Candle
- H1 is still in consolidation zone
- the HA candles are big and small at every swing high and swing low, not really reversal type of candles

and we are at the psych level 1.2000 .. anything can happen

W1 is at support.

as we wait for NY session and look for H1 trades like Big E would do ... strictly if we want to trade like him.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Week 18 May 02 H1 1900.png Size: 47 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,094
  • May 2, 2018 7:26am May 2, 2018 7:26am
AUDJPY Week 18 W1 chart

AJ is ranging for the 3rd week and with the W1 WRB High-Low, we can trade H4 swing with smaller TP expectations using 40% to 60% (circa 64 to 100 pips) of the Average Weekly Range 52 weeks.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY Week 18 W1 WRB WCC.png Size: 37 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,095
  • May 2, 2018 7:41am May 2, 2018 7:41am
Quoting emmanuel7788
EURUSD Week 18 May 02 Frankfurt Open hour H4 {image} H1 {image} According to Big E Post#1, he only traded H1 during the first 3 hours of the NY session. At this hour, he would trade H4. But look at H4 chart above, price is in CONSOLIDATION seen using the Master Candle[3]. And if you look at your Daily and Weekly charts, the longer term trends are Down. If you trade H4, your follow the Daily and Weekly trends. If you trade H1, you can trade counter trend but make sure to look at Price Action and Support/Resistance and there is enough room for a good...

TDI H1 re-paints even without the charts being refresh.

compare the chart posted earlier today

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Week 18 May 02 H1 FO.png Size: 37 KB


and the one now

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD H1 TDI re-paints after 7 bars.png Size: 39 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,096
  • May 2, 2018 8:34am May 2, 2018 8:34am
buy usdjpy h4 exit with -10 pips

Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy h4.JPG Size: 232 KB
  • #87,097
  • May 2, 2018 8:55am May 2, 2018 8:55am
Quoting emmanuel7788
Edit. EURUSD H1 trade taken at Frankfurt Open hour. {image} Strictly what Big E Trading Made Simple could be interpreted by some people. why that H1 trade should be avoided, Post#647 - check short term trend and long term trend - price in consolidation zone - reversal HA candles were small Post #1 - trade H1 only the first 3 hours of NY session, - other times, trade H4 Others: wrong trading chart template. 1) did not use the TDI Red Green in Post#25 2) did not use the APB/HA candles.
Beside stealing other member's deleted post emmanuel, you should learn how to properly use Post#647.
Sometimes I am a tad to fast on a cross.
Attached Image (click to enlarge)
Click to Enlarge Name: trade.PNG Size: 24 KB


Quoting bigpips
RealJumper, Im sorry but I can't see Emm shaming Tekkies in those posts, just pointing out ideas and some real lessons to learn from that screenshot. Pity he deleted it. I was about to point out that it's better to wait for 1H chart to close for TDI cross to happen, would've kept him out of trade. {quote}
Bigpips.
Emm can not shame me, Bigpips, What he did, was and is wrong.
I removed that post for one reason - Not to confuse member's.
Have already confused you. Did you checked W1 and D1 trend direction?
----
Sometimes I do get burned for jumping the cross. W1 and D1 is a down trend. Was this a small pullback, Big boys fake-ing a up trend to take buy (stop -loss) from trades before going down again or maybe just pure luck.

Take your pick.
  • #87,098
  • May 2, 2018 10:57am May 2, 2018 10:57am
Quoting emmanuel7788
{quote} see the comments I made on that old post chart. there are different Master Candles... that engulf the candle after it, the number of engulfed candles can be 3 , 4 and 5 .... more. the MC[3] aer the most frequently occurring and we use them to identify ranging and consolidation market types when we trade TMS. Remember, Post#647 . We avoid taking a TDI trade when the price is near or inside a CONSOLIDATION area. Making use of WRBs and MCs is just one way to help traders to follow this #647 Rule. The higher number of candles inside the MC[x]...

is my chart with the master candle labeled correct?



also there was an opportunity on m30 eur/usd, i set a pending order to get in at a slightly better price after i saw the tdi cross. price kept faffing around so i decided to remove it, ....but i should have left it there as it would have just tagged my order by a whisker and then plummeted down...

[hidden div on tdi, and hidden div and div on stocs]
Attached Image(s) (click to enlarge)
Click to Enlarge Name: master candle my notations.png Size: 15 KB
Click to Enlarge Name: eurusd 02.05.2018 hidden div multiple price stepping down would have won if didnt remove order.png Size: 31 KB
  • #87,099
  • May 2, 2018 1:46pm May 2, 2018 1:46pm
Love them Hindsight trading.

Al that should, could, can, Master Candles, price action, Pin Bar, Big Picture Plan, BEEB/BUEB, BEOB/BUOB, DBHLC/DBLHC won't save you from this.
Attached Image

Not once was red news mentioned in all those post's.
Maybe this could have saved you some pain.
Post #779
I depend on the TDI for signals... then as I posted I look for the BASIC things a fx trader should look for before entering a trade.
News... hummm... It can have a big effect on the 5/15/30 minute charts and 1 hour too at certain times. While trading the 4hr charts I don't pay much attention to it UNLESS IT'S a MAJOR news release... If it's major (red on FF Calendar) I'll wait until after the news release and the market calms down...
  • #87,100
  • May 2, 2018 4:27pm May 2, 2018 4:27pm
Tekkies,
But he didn't shame you! He just pointed out some good lessons on that trade. We all want to see some loosing trades as you'll learn most from those!
According to my Weekly plan EU is in sell mode so I am also looking for sell opportunities and was looking at that exact time you posted but what kept me out was:
time of day..quiet just before EU open and wait for 1h to close to confirm cross.

What I find very interesting is how you go after Emmanuel on nearly every post he makes for not trading according to your BigE's script and you don't do it either.
His initial entries are way closer to the original rules. The big difference is, he has developed a way to use Money Management to maximize profits after his entry.
Yes, it is way above most of us but I have seen guys using his ideas and are very successful, myself included.

My advice,
If you want to dig deep and develop as a trader, go through his stuff and take what fits your trading style. If it's too complicated, then just let it go.

Stay positive, stay green!

(en moenie so harde gat wees nie!

Quoting Tekkies
{quote} Beside stealing other member's deleted post emmanuel, you should learn how to properly use Post#647. Sometimes I am a tad to fast on a cross. {image} {quote} Bigpips. Emm can not shame me, Bigpips, What he did, was and is wrong. I removed that post for one reason - Not to confuse member's. Have already confused you. Did you checked W1 and D1 trend direction? ---- Sometimes I do get burned for jumping the cross. W1 and D1 is a down trend. Was this a small pullback, Big boys fake-ing a up trend to take buy (stop -loss) from trades before going...
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