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Trading Made Simple

  • #88,021
  • Jul 3, 2018 1:55am Jul 3, 2018 1:55am
Quoting DJsignals
{quote} Maybe this picture can explain my trade. In my view, market still in bearish power. Price now are in complex correction (white box) of previous dominant Swing Low. Yes there are making Higher High. But price still trapped inside two green box. That Higher High still in correction phase. And then i saw continuation setup (yellow straight line) And i take that trade. And then price too weak move down, so im out, before it pinch me. {image}
Agreed it is still bearish, and the hidden divergence played out for 60 + pips but it would have been needed to get in on the 2nd red candle.
Success means going from failure to failure without loss of enthusiasm
  • #88,022
  • Jul 3, 2018 2:00am Jul 3, 2018 2:00am
Quoting lisat
{quote}Agreed it is still bearish, and the hidden divergence played out for 60 + pips but it would have been needed to get in on the 2nd red candle.
Yup agreed.
  • #88,023
  • Edited 2:26am Jul 3, 2018 2:07am | Edited 2:26am
Im confused, which is the real King?

TDI or PA?

According to my Post 88,019.

When my alarm goes ringing.
I check TDI before read all basic stuff (maybe which is TDI is King).
Then
I read PA before take trade (maybe which is PA is King).
But
I wait for TDI to confirm before take trade (maybe which is TDI is King).

So which is true King?

Maybe all of this is just about pareidolia.
This pareidolia thing drive me crazy.
  • #88,024
  • Jul 3, 2018 2:43am Jul 3, 2018 2:43am
Quoting DJsignals
Im confused, which is the real King? TDI or PA? According to my Post 88,019. When my alarm goes ringing. I check TDI before read all basic stuff (maybe which is TDI is King). Then I read PA before take trade (maybe which is PA is King). But I wait for TDI to confirm before take trade (maybe which is TDI is King). So which is true King? Maybe all of this is just about pareidolia. This pareidolia thing drive me crazy.

and this post is not relevant, but it says the last King was hung.

Quoting eelfranz
Susan (771) ...Here in the USA we hung our last King to save on the National Debt... they were spending too much money... Now we have a President who thinks he's a King... printing all kinds of bogus money attempting to Bankrupt our country... I forget... was that one of his promises for change? hummm...
Come on folks, does not matter whether you believe the TDI is king or not. It is how you trade and whether you are profitable like Big E with 70% to 80% win rate. Anyone who has achieve that kind of win rate completing 1,000 trades can tell us what his/her belief is.

Ask yourself, why did Big E said the TDI is King in his post#119 ? What was he thinking back then, was he comparing TDI and PA or was he comparing the TDI with something else? I think the answer in his old thread where he started as a newbie.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,025
  • Jul 3, 2018 2:46am Jul 3, 2018 2:46am
Quoting DJsignals
{quote} no Tekkies, dont take me as example, im far from that. Im still learning, not expert Thanks anyway..
Who are you trying to fool DJ?
Reading your reply to Lisat say way more about your knowledge then what you are willing to admit.

That is how I use TDI.
- TDI show that a potential entry is available to take. You as the trader must confirm the possibility whether TDI crossover is valid. By applying post#647 and other post's by BigE.
Only when all check point's are ticked of a trade is placed.
The angle of green already show how that order will go.
- Angle above 2 / 4 show strong momentum - the closer to 12 / 6 the stronger the momentum.
- Level 62 /68 show how far that trade can move.
- Short term agree with Long term direction will help trade to move faster into profit to lock in BE.
- S/R level, Bar's, Wick's all tell thiere own story whether that TDI crossover is valid.

Many member's think that when you see a crossover you must take it. It does not work that way and never will. Sure you might get lucky now and then.

Trading the crossover blindly will get you to margin call real fast.
  • #88,026
  • Jul 3, 2018 2:46am Jul 3, 2018 2:46am
EURJPY Week 27 Jun 03 update:

I am in buy mode only with the Weekly WRB Low support at 127.14

but it has not move very much and became choppy and with those EMAs in the region, it will be difficult to move.

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY Week 27 BPP H4 W1 WRB HILo.png Size: 93 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,027
  • Jul 3, 2018 3:11am Jul 3, 2018 3:11am
Quoting DJsignals
{quote} EURJPY -22 pips. This one weak move too, only 35 pips down, im out. {image}

when we trade this way, we expect to take some losses.

exactly what Big E said in his Post#117.

those line he drew with TDI cross looks great on history charts.... when one closely follows the natural flow of the market which look perfect in hindsight.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,028
  • Jul 3, 2018 3:20am Jul 3, 2018 3:20am
About the TDI being the winning edge, ... is the TDI the no.9 edge?

What are the "Eight Edges You Must Have"

Read this old post:
https://www.forexfactory.com/showthr...96#post8892596

Attached Image (click to enlarge)
Click to Enlarge Name: 8 Edges.png Size: 96 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,029
  • Jul 3, 2018 3:26am Jul 3, 2018 3:26am
Quoting Tekkies
{quote} Who are you trying to fool DJ? Reading your reply to Lisat say way more about your knowledge then what you are willing to admit. That is how I use TDI. - TDI show that a potential entry is available to take. You as the trader must confirm the possibility whether TDI crossover is valid. By applying post#647 and other post's by BigE. Only when all check point's are ticked of a trade is placed. The angle of green already show how that order will go. - Angle above 2 / 4 show strong momentum - the closer to 12 / 6 the stronger the momentum. -...
Noted, TDI is our heart.
Post 728
  • #88,030
  • Jul 3, 2018 3:26am Jul 3, 2018 3:26am
Quoting emmanuel7788
{quote} when we trade this way, we expect to take some losses. exactly what Big E said in his Post#117. those line he drew with TDI cross looks great on history charts.... when one closely follows the natural flow of the market which look perfect in hindsight.
Noted, TDI is our heart.
Post 728
  • #88,031
  • Jul 3, 2018 3:33am Jul 3, 2018 3:33am
Quoting DJsignals
{quote} Noted, TDI is our heart.

Big E was not comparing the TDI and PA when he said the TDI is King.

It was X-Man who said that PA is king.

Along the way, some people mix what said by whom at different times and what happened...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,032
  • Jul 3, 2018 3:36am Jul 3, 2018 3:36am
Quoting emmanuel7788
{quote} and this post is not relevant, but it says the last King was hung.
  • #88,033
  • Jul 3, 2018 3:40am Jul 3, 2018 3:40am
Quoting emmanuel7788
{quote} Big E was not comparing the TDI and PA when he said the TDI is King. It was X-Man who said that PA is king. Along the way, some people mix what said by whom at different times and what happened...
all this talk about PA/TDI is king like year 2013.

Nellycopter start this kind of talk.
The first discussion about TDI/PA is King.
  • #88,034
  • Jul 3, 2018 3:58am Jul 3, 2018 3:58am
Post#728
I mostly just read my chart/TDI and what's it telling me but that only comes from experience... hope this helps...

No book reading, no method, no King, no Price Action, no Back testing, no Hindsight trading wlll help you.

You need experience to succeed in this business. That you can only get by following TMS guidelines over and over.
(Or the method you are using)
It is starting to pay off after three years.
  • #88,035
  • Jul 3, 2018 4:38am Jul 3, 2018 4:38am
Quoting DJsignals
{quote} all this talk about PA/TDI is king like year 2013. Nellycopter start this kind of talk. The first discussion about TDI/PA is King.

and there were others too.... in the last 6 years who came, posted only winning trades charts, etc.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,036
  • Jul 3, 2018 5:22am Jul 3, 2018 5:22am
Quoting emmanuel7788
{quote} and there were others too.... in the last 6 years who came, posted only winning trades charts, etc.
posted only winning trades charts?

what the point doing that thing?
  • #88,037
  • Jul 3, 2018 5:52am Jul 3, 2018 5:52am
Quoting DJsignals
{quote} posted only winning trades charts? what the point doing that thing?
And there are others that post no actual trades at all.
Success means going from failure to failure without loss of enthusiasm
  • #88,038
  • Jul 3, 2018 6:14am Jul 3, 2018 6:14am
Quoting emmanuel7788
{quote} and there were others too.... in the last 6 years who came, posted only winning trades charts, etc.
Attached Image (click to enlarge)
Click to Enlarge Name: 2018-07-03_12h12_16.png Size: 22 KB
emmanuel I don't consider this important mc in the context . .the trend is down.. not range.. what is your opinion? thanks in advance..
It's in fear when people show what they truly value.
  • #88,039
  • Jul 3, 2018 6:15am Jul 3, 2018 6:15am
Quoting DJsignals
{quote} posted only winning trades charts? what the point doing that thing?
To show members how good traders they are.

Ask no question's, hear no lies
(was not at computer, went to sleep, press the wrong button - many more come to mind)

This is my problem. I can not close a losing trade. If I can get past that mental block then...........................
Account can take this draw down. Lot size and leverage is small. Can do Zone Recovery.

This morning i thought by myself: Can't close a loss of ZAR R10 but can face a drawdown of ZAR R50. How come?
Attached Image
  • #88,040
  • Jul 3, 2018 6:16am Jul 3, 2018 6:16am
Quoting DJsignals
{quote} posted only winning trades charts? what the point doing that thing?
Whether members posted their trades or not did not bother me. What I want to read and learn is how they do their analysis and their thought process when they are trading. But when members do post their trades, I can see the way they trade and I know their style, I look for consistency.

Lets look at the OP Big E for example, how many trades did he show in this thread? Out of 463 posts made, I see less than 10 charts with trades shown. What I like is he posted how he see his charts and explain the trade setups and how he replied to members questions with charts examples.
In the past I used to post my trades after I open them and I updated with charts to explain how I manage my trades. Some members were happy learning from my posts. But then there were a few who copied my trades and did not understand the trade exit strategy and management. They either exited too early or did not exit the market according to the exit strategy and ended up losing money.

I prefer to post my weekend top down analysis and the Big Picture of the pairs I trade for open discussion in this thread. I also share my trade plan and ideas.

For example, last weekend, one member Macajos posted his weekend analysis but there were no respond form others?
https://www.forexfactory.com/showthr...8#post11218908
https://www.forexfactory.com/showthr...1#post11218901

But now, I only post my weekend analysis and trade ideas and plans in other members blog where the participation in those groups are more active and open.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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