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Trading Made Simple

  • #87,561
  • May 30, 2018 6:00am May 30, 2018 6:00am
You guys need to stop going back and forth arguing. This is a trading room not a Bitch session.
  • #87,562
  • May 30, 2018 6:15am May 30, 2018 6:15am
Quoting Tekkies
{quote} Why do you copy-and-paste my old post - To rub your nose in your double standerd high standard to my level - Looking at how you advertise yourself there is not much of a level to speak of. Only Big E's posts - Many more will be posted, removed and changed. If you follow Big E's post, then at least have the same chart setup template with the HA candles. - Point in case that show your double standard:Post 87,550 you have no clue what trading with MEME is - a Phrase...

Now this is for you Tekkies since you love counter trend so much and TDI cross so much.
Learn some basic price action.
Instead of living in the past since the OP of thread thread stopped posting after Oct 2011 and he died in 2012. You stopped learning since the time he died.
The market has not stopped for you to continue trading TDI cross. You will lose more shirts.

USDCAD May 30 H4 Price action is BEEB/BEOB and price has been toppisch. And can you see the price and TDI divergence?

BEEB and BEOB will often show a good slope of the RSI as price momentum.

Anyone want to scalp 1 to 2 H4 candles, this is one way.

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Week 22 May 30 BEEB_BEOB H4.png Size: 75 KB


You want to enter a trade with APB/HA candle#1... You better know your price bars/candles well.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,563
  • May 30, 2018 6:35am May 30, 2018 6:35am
Quoting emmanuel7788
EURNZD and GBPNZD Week 2 May 29 D1 Pick one of the two. Which one? {image} {image}

So, which one did you pick?

I picked GBPNZD.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZD Week 22 May 29-30 trades.png Size: 53 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,564
  • May 30, 2018 12:54pm May 30, 2018 12:54pm
Quoting emmanuel7788
{quote} Now this is for you Tekkies since you love counter trend so much and TDI cross so much. Learn some basic price action. Instead of living in the past since the OP of thread thread stopped posting after Oct 2011 and he died in 2012. You stopped learning since the time he died. The market has not stopped for you to continue trading TDI cross. You will lose more shirts. USDCAD May 30 H4 Price action is BEEB/BEOB and price has been toppisch. And can you see the price and TDI divergence? BEEB and BEOB will often show a good slope of the RSI as...
I´ve picked trade USDCAD. +40 pips in less than 4Hs. The position have reached the TP too fast I wasn't monitoring the trade so I lost the opportunity to move further the TP.

Wich # post do you recommend me for start learning multiples entries and multiples exits?
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad2.JPG Size: 203 KB
  • #87,565
  • May 30, 2018 9:06pm May 30, 2018 9:06pm
Quoting bildung
{quote} I´ve picked trade USDCAD. +40 pips in less than 4Hs. The position have reached the TP too fast I wasn't monitoring the trade so I lost the opportunity to move further the TP. Wich # post do you recommend me for start learning multiples entries and multiples exits? {image}
Hi,

It would overwhelmed most people if I say start reading my posts from from 2013 onward. That would be really too many posts to read.

But first, there is a short history in here. This post#27,046 Project TMS-II is where it started.
https://www.forexfactory.com/showthr...86#post7058586

TMS-II did not change the 5-Method.
We used the same APB/HA candles, the 5EMA,Typical Price,Shift+3 and the full version TDI with the MBL and VB (yellow and blue bands).

TMS-II focus on the money management aspects for positions building and entries and exits. We do this because all the active TMS traders in that project did not want to trade with 15% to 30% risk the way the OP did. We prefer to trade with %Risk and use Positions Sizing in all our trades.

Two pdfs were posted many times in this thread:
Entry and Exit
How to Build a Position

Start by reading these two pdfs.

I will make another summary for trading with Multiple Entries / Multple Exits when I find time to.

Good Trading.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,566
  • May 30, 2018 9:13pm May 30, 2018 9:13pm
Quoting emmanuel7788
{quote} Now this is for you Tekkies since you love counter trend so much and TDI cross so much. Learn some basic price action. Instead of living in the past since the OP of thread thread stopped posting after Oct 2011 and he died in 2012. You stopped learning since the time he died. The market has not stopped for you to continue trading TDI cross. You will lose more shirts. USDCAD May 30 H4 Price action is BEEB/BEOB and price has been toppisch. And can you see the price and TDI divergence? BEEB and BEOB will often show a good slope of the RSI as...
Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Week 22 May 30 BEEB_BEOB H4.png Size: 75 KB



Those who took that USDCAD trade mus be happy with the pips made.

Now, hours passed, we have the 20/20 vision and let's learn for this example.

Those who follow Big E way of trading would have done it the same way like he did in the past.

Those who are conservative wold have done it too with different and maybe better results.

It is all about entry and exit, or entries and exits. Your exit/exits are just as important as your entry/entries. Your Exit Strategy and how you manage your trades will determine how much profit you can make in one swing.

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Week 22 May 30 H4 POMO.png Size: 67 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,567
  • May 30, 2018 9:20pm May 30, 2018 9:20pm
TMS traders are like all other traders coming to ForexFactory looking for a system.

Big E, the OP of this thread was a ruled-based discretionary type of trader with years of stock trading experience.

We all make the same mistakes regardless what strategy or systems we chose.

Traders and Mistakes pdf

What type of trader are you?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,568
  • Edited 11:13pm May 30, 2018 10:55pm | Edited 11:13pm
Quoting emmanuel7788
{quote} {image} Those who took that USDCAD trade mus be happy with the pips made. Now, hours passed, we have the 20/20 vision and let's learn for this example. Those who follow Big E way of trading would have done it the same way like he did in the past. Those who are conservative wold have done it too with different and maybe better results. It is all about entry and exit, or entries and exits. Your exit/exits are just as important as your entry/entries. Your Exit Strategy and how you manage your trades will determine how much profit you can make...
Emmanuel

Entry:
Referring to chart posted:
- Candle 1 is first entry choice.
- Candle 2, second entry choice.
Reason: Look where purple line cut TDI = after the cross
You post that I don't follow the 5-method, now you give advice that goes straight against the exit rule.
Exit:
post#6............... Exit your trade when the green TDI line goes flat, starts to hook over or makes a check mark reversal.
Attached Image

By the way Emmanuel when members don't follow you or your contradictory post's it does not make them idiot's. There are many way's to get out of a bad situation.
Attached Image
  • #87,569
  • May 30, 2018 11:38pm May 30, 2018 11:38pm
Quoting Tekkies
{quote} Emmanuel Entry: Referring to chart posted: - Candle 1 is first entry choice. - Candle 2, second entry choice. Reason: Look where purple line cut TDI = after the cross You post that I don't follow the 5-method, now you give advice that goes straight against the exit rule. Exit: post#6............... Exit your trade when the green TDI line goes flat, starts to hook over or makes a check mark reversal. {image} By the way Emmanuel when members don't follow you or your contradictory post's it does not make them idiot's. There are many...
Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies post 87568 edited 31-05-2018 12-25-49.png Size: 157 KB


We shall all wait till you finish with your editing your post... LOL

Be PATIENT folks. There will be more lessons we can all learn from this.

Meantime, focus in your own trading. Italian parliament discussions still ongoing and some other events are not in FF calendar. What happens in the other markets (stock, future,...) will impact forex market. If you trade JPY pairs, do look at Nikkei futures. Keep It Simple.

Also not forgetting tomorrow is US NFP data.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,570
  • May 31, 2018 12:01am May 31, 2018 12:01am
Different TDI version different results ...

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD H4 TDI Red Green (post#25).png Size: 31 KB


Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD H4 TDI TDI Red Green (realtime).png Size: 31 KB


both are lagging indicator ...

what is good about trading with lagging indicators is big concern for many traders.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,571
  • May 31, 2018 1:23am May 31, 2018 1:23am
Quoting emmanuel7788
Different TDI version different results ... {image} {image} both are lagging indicator ... what is good about trading with lagging indicators is big concern for many traders.
Nice chart's
Now tell the members which TDI indicator gave which chart.
Even better:
Use an indicator that is rebuild on RSI. That way will ensure that TDI cross over will always be the same: Post 51,658

Lagging indicators: Proof it
https://www.tradeciety.com/is-price-...an-indicators/
  • #87,572
  • May 31, 2018 2:22am May 31, 2018 2:22am
Quoting Tekkies
{quote} ... By the way Emmanuel when members don't follow you or your contradictory post's it does not make them idiot's. There are many way's to get out of a bad situation. {image}
Quoting Tekkies
{quote} Nice chart's Now tell the members which TDI indicator gave which chart. Even better: Use an indicator that is rebuild on RSI. That way will ensure that TDI cross over will always be the same: Post 51,658 Lagging indicators: Proof it https://www.tradeciety.com/is-price-...an-indicators/

@Tekkies,

I do not call everyone idiot.
I do not call anyone idiot.

But I do call someone like you an idiot when you make such post. You simply do not read and did not pay attention to details on those two charts where I compared the two different versions of the TDI posted in this thread.
Yours using the moving average of the RSI is no different. Why? If you still do not know why, then you have not done enough number of trades to learn it. You are still that same newbie who start in March 2016. You continue to trade TDI cross by rebuilding based on the RSI, you will still lose all your money in long term.

[quote=Tekkies;8834074]Hey Folks This is and always will be BigEs trend. Just a newbie to other newbies. ...

All experienced traders know what the meaning of lagging indicators and they know when and where to trade with lagging indicators. You trade blindly.

Same two charts posted earlier.

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD H4 TDI Red Green (post#25).png Size: 31 KB


Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD H4 TDI TDI Red Green (realtime).png Size: 31 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,573
  • May 31, 2018 2:35am May 31, 2018 2:35am
Quoting emmanuel7788
{quote} {image} Those who took that USDCAD trade mus be happy with the pips made. Now, hours passed, we have the 20/20 vision and let's learn for this example. Those who follow Big E way of trading would have done it the same way like he did in the past. Those who are conservative wold have done it too with different and maybe better results. It is all about entry and exit, or entries and exits. Your exit/exits are just as important as your entry/entries. Your Exit Strategy and how you manage your trades will determine how much profit you can make...

hi emmanuel i am new for here can you this quote post template file share with me kind regards request
Attached Image (click to enlarge)
Click to Enlarge Name: Picture1.jpg Size: 76 KB
  • #87,574
  • May 31, 2018 2:35am May 31, 2018 2:35am
Quoting xShape
About SL, i think big E had a tendency to get out of the trades he did not '' like ''. He said that he would get out of '' 1 Hour Trades '' if they go around ( -12 & -15 ) Pips, And he would get out of the 4 Hour trades in the next 4 hours if he doesnt like the price action, ( i'm guessing that would mean the price action didint really go in his favor, and made only few pips ) OR he would kill all his 4 Hour trades at 6 AM pacific.

H1 xShape,

Yes, Big E was more of the the type of rule-based discretionary trader.

Those rules he wrote in his posts are never cast in stone. He makes his trading decisions based on his own experience. He traded with huge risk sometimes 15% to 30% of his $10k account deposit. We do not know really when he traded with small lots or when he traded with 2-4 standard lots. So we will never know when he would jump in and out of trades when he did not want to give back too many pips.

He did mention two type of exits -

one is conservative exit using TDI tweeks,

the other aggressive exit using TDI cross in the opposite direction.

I doubt he used the aggressive exit when he traded H4 with 15% to 30% risk.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,575
  • May 31, 2018 2:36am May 31, 2018 2:36am
Quoting tradere
{quote} hi emmanuel i am new for here can you this quote post template file share with me kind regards request {image}

Post#25
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,576
  • May 31, 2018 2:45am May 31, 2018 2:45am
Quoting emmanuel7788
{quote} Post#25
both chart big difference
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Picture1.jpg Size: 76 KB
Click to Enlarge Name: Picture2.jpg Size: 185 KB
  • #87,577
  • May 31, 2018 2:46am May 31, 2018 2:46am
Quoting xShape
I've noticed that TDI can slightly repaint if you refresh the chart. So, when you are taking positions are you refreshing the chart at the beginning of the candle or not? Also, as far as i know, Big E stated that he would turn off his computer & reopen it to check the setups, pratically that means his charts were refreshing automatically everytime he turned on metatrader on anyway.

Hi xShape,

Yes. Both the TDI Red Green (post#25) and the TDI RT (Realtime) do repaint a few bars back in the history. It can change anything from 3 price bars to 34 price bars depends on the volatility of the price OHLC and the RSI calculations.

But, I learn from Big E posts that he did not refresh his charts when he had open trades, which mean he manages his trade using the TDI Red Green (post#25) see in realtime live market data. This is important to take note of.

If he turned off (power off) his computer, it would mean the MT4 platform would have been restarted hence all indicators would have been refreshed.

As independent traders we have to make our own decisions what we do and experience everything on our own and learn from our own experience.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,578
  • May 31, 2018 2:49am May 31, 2018 2:49am
Quoting tradere
{quote} both chart big difference {image} {image}

You chart is good. Wait until tomorrow market close then pint that same chart again and we shall see how the TDI will be repainted.

You will see after a few more price bars later, the TDI will look a lot smoother.

Thanks for posting charts and keeping our discussions focus on trading.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,579
  • May 31, 2018 2:56am May 31, 2018 2:56am
Quoting emmanuel7788
{quote} {quote} @Tekkies, I do not call everyone idiot. I do not call anyone idiot. But I do call someone like you an idiot when you make such post. You simply do not read and did not pay attention to details on those two charts where I compared the two different versions of the TDI posted in this thread. Yours using the moving average of the RSI is no different. Why? If you still do not know why, then you have not done enough number of trades to learn it. You are still that same newbie who start in March 2016. You continue to trade TDI cross by...
Attention to detail emmanual
Post header:
Different TDI version different results
- Means look at the TDI indicator. Compare where the cross-over occur.
Now tell the members which TDI indicator gave which chart.
- Means tell the members which TDI indicator gave which cross over.
Why?
When you enlarger the chart both sub windows show: TDI Red Green
Nowhere did you mention that the chart's are refreshed. If you did refresh the chart what is the time interval?

Did I miss something? If so, please state what. Don't make vague "do not read and did not pay attention to details on those two charts"
Read "Different TDI version different results" ???????
What details? How would n newbie know where to look if you don't point out the difference?
---
anyone, anybody, somebody, someone, everybody does not matter. You are still calling a persone an idiot.
---
Yes I am newbie so what.
----
All experienced traders know what the meaning of lagging indicators and they know when and where to trade with lagging indicators.

What lagging indicator?
"they know when and where to trade with lagging indicators."
How come?

Should I continue ripping that post apart?
  • #87,580
  • May 31, 2018 3:03am May 31, 2018 3:03am
Quoting Tekkies
{quote} Attention to detail emmanual Post header: Different TDI version different results - Means look at the TDI indicator. Compare where the cross-over occur. Now tell the members which TDI indicator gave which chart. - Means tell the members which TDI indicator gave which cross over. Why? When you enlarger the chart both sub windows show: TDI Red Green Nowhere did you mention that the chart's are refreshed. If you did refresh the chart what is the time interval? Did I miss something? If so, please state what. Don't make vague "do not read and...
I call you an idiot.

An idiot who can read but do not learn nor understand, thinks he is ripping apart my posts, LOL.

You are a newbie of 2 years. You will still be a newbie.

You can continue to grow like an idiot.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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