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Trading Made Simple

  • #88,641
  • Jul 22, 2018 1:48am Jul 22, 2018 1:48am
Quoting emmanuel7788
{quote} {quote} I don't know about you now. But when I wanted to learn supply and demand to improve my stock trading, I took for Sam Seiden training course and never regretted paying the fees. attached pdf for general reading. Do some research and due diligence and you will find both good and not-so-good reviews, opinions, etc. You decide on the balance for yourself. {image}
Perfect
  • #88,642
  • Jul 22, 2018 3:16am Jul 22, 2018 3:16am
Quoting lddd
{quote} The question was more like what results can be expected on average to my example pointed out by trading something like 1 currency pair for a longer period of time by taking trades on one timeframe like the H4 following to the rules teached and introduced at Post 1 (which started 7 years ago).
Coming back to your post. Read it a few time over again. Asking myself what are you asking / seeking. The response by other members actually helped to understand your post better in what you are asking.

My humble option is that you what experienced traders that use BigE 5-method to give assurance that it does work. Is it a lack of self-confidence on your part?

Comes down to that picture Emmanuel posted with the iceberg. He did it, I did it, so you have to do it yourself.

Post#11...........The key to building confidence is to study old charts...
  • #88,643
  • Jul 22, 2018 6:22am Jul 22, 2018 6:22am
Quoting timidave
{quote} Good results, but i still wonder how you were able to make this large number of trades or orders within only 3 weeks.

read his post and you will get the idea.

https://www.forexfactory.com/showthr...3#post10283163
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,644
  • Edited 11:33am Jul 22, 2018 11:21am | Edited 11:33am
Anybody here start selling AUDJPY on last friday?
  • #88,645
  • Jul 22, 2018 6:36pm Jul 22, 2018 6:36pm
Quoting DJsignals
Anybody here start selling AUDJPY on last friday?
No.

Only trade the Sydney-Tokyo morning session 3 overlap hours for 15 to 20 pips.

This week is CPI data for AUD so there is opportunity for 150 pips 4H swing move.

Look at MN it is not good for D1 swing trading. It is sideways flat ranging.

W1 says you have to pick the top and pick the bottom for H4 swing trading. Remember we want to see a possible swing of 3 to 8 bars/candles...

H4 and H1 both are in consolidation. DO NOT trade the crappy TDI signals when PA is in consolidation.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,646
  • Jul 22, 2018 6:47pm Jul 22, 2018 6:47pm
AUDJPY Week 30 Jul 23

Look at the first 2 hours of the Sydney Open and now with 15 mins left till Tokyo Open,

what do you ?

we are in the last M15 candle of the H1 to close soon....

Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY Week 30 Jul 23 SYD2H.png Size: 72 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,647
  • Jul 22, 2018 7:08pm Jul 22, 2018 7:08pm
AUDJPY Jul 23 H1 Tokyo open trade example

Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY Jul 23 H1 EP SL TP Tokyo session.png Size: 51 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,648
  • Jul 22, 2018 8:31pm Jul 22, 2018 8:31pm
AUDJPy Jul 23 H1 Tokyo session

R:R TP1 hit ...

Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY Jul 23 H1 EP SL TP RR1-1.png Size: 54 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,649
  • Jul 23, 2018 1:31am Jul 23, 2018 1:31am
USDJPY Week 30 Jul 23 H1

H1 is in CONSOLIDATION with that 42pips H1 big candle, and do not trade crappy TDI signal.



Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Jul 23 H1 FO crappy TDI signal.png Size: 55 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,650
  • Jul 23, 2018 1:33am Jul 23, 2018 1:33am
EURJPY Week 30 Jul 23,

with this H1 chart below and Frankfurt Open, what would you do?

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY Week 30 Jul 23 H1 FO.png Size: 50 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,651
  • Jul 23, 2018 3:59am Jul 23, 2018 3:59am
Quoting emmanuel7788
USDJPY Week 30 Jul 23 H1 H1 is in CONSOLIDATION with that 42pips H1 big candle, and do not trade crappy TDI signal. {image}

The last H1 closed with pullback and the TDI hooks back.
But now the current H1 will close in 2 minutes and watch what happens to the TDI.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Jul 23 H1 BUOB.png Size: 56 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,652
  • Jul 23, 2018 4:02am Jul 23, 2018 4:02am
USDJPY H1 close Bullish Outside Bar BUOB and new H1 open .. the TDI bounce with steep slope angle...

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Jul 23 H1 new H1 TDI bounce steep.png Size: 55 KB


It's Tokyo Close ... now we shall see what the European traders will do.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,653
  • Jul 23, 2018 5:21am Jul 23, 2018 5:21am
Quoting pergi784
you can try this working goood {file}
You should refer member's to thread where they explain how to use the Expert Advisor.
  • #88,654
  • Edited 5:55am Jul 23, 2018 5:23am | Edited 5:55am
Bounce entry
Attached Image (click to enlarge)
Click to Enlarge Name: bpunce.PNG Size: 33 KB

While waiting for price to do what it want to do I could not help to laugh at some post's.
Why would a member post that a indicator give "crappy" signals and still post chart's containing that indicator which give those "crappy" signals.
I would immediately remove such a unreliable indicator.
Either the member is to stupid to know which indicator to remove or the member hope that some member would help him to understand how to use the signels that indicator produce.
  • #88,655
  • Jul 23, 2018 6:10am Jul 23, 2018 6:10am
Quoting Tekkies
Bounce entry {image} While waiting for price to do what it want to do I could not help to laugh at some post's. Why would a member post that a indicator give "crappy" signals and still post chart's containing that indicator which give those "crappy" signals. I would immediately remove such a unreliable indicator. Either the member is to stupid to know which indicator to remove or the member hope that some member would help him to understand how to use the signels that indicator produce.
There are a great many very successful traders out there, one being Mark Douglas (RIP) , that will tell us that systems are there to produce signals, nothing more, nothing less and the day we start trying to predict which are good and bad signals is the day we lose. We all do it, or have done it, but if you use a mechanical, rules based system and don't take all valid signals when you see them then you're probably lining yourself up for a fair bit of pain.
Ardua Ad Astra Per
  • #88,656
  • Jul 23, 2018 6:23am Jul 23, 2018 6:23am
Why do member trade the TDI bounce blindly and not listen to Big E's post #647.

Why sell into support?

Always pay attention to previous resistance when broken they become support. And with the CONFLUENCE with today's Day Open, it must be given more weight since the both the short term trend H4 is bullish and when the price at its 10EMA on D1.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Week 30 Jul 23 H1 selling into support and Day Open.png Size: 62 KB



Attached Image (click to enlarge)
Click to Enlarge Name: Post_647.png Size: 126 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,657
  • Jul 23, 2018 6:27am Jul 23, 2018 6:27am
Quoting mistakesr
{quote} There are a great many very successful traders out there, one being Mark Douglas (RIP) , that will tell us that systems are there to produce signals, nothing more, nothing less and the day we start trying to predict which are good and bad signals is the day we lose. We all do it, or have done it, but if you use a mechanical, rules based system and don't take all valid signals when you see them then you're probably lining yourself up for a fair bit of pain.
"Predict" might be the wrong word.

When a indicator or Price Action give a signal or pattern the trader take a gamble on that signal / pattern. Just because that signal or pattern in the past lead to a profitable trade does not mean it would do so again.

That is where the trader must use the "edge" his methode contain to avoid the bad signals and use the good signals to enter trades. With TDI crossover that edge is in Post#647 and other post's from BigE.
(Post#647 does not refer to Support / Resistance, colour of APB, distance between red and green and other small detail)
  • #88,658
  • Jul 23, 2018 6:30am Jul 23, 2018 6:30am
Quoting emmanuel7788
USDJPY H1 close Bullish Outside Bar BUOB and new H1 open .. the TDI bounce with steep slope angle... {image} It's Tokyo Close ... now we shall see what the European traders will do.
Trading blindly ... TDI slope was good, but...

Another example with crappy TDI signal when the price is in consolidation. That TDI slope look great 1 o'clock angle that's between 12-2 right.

Do you see that H1 master candle?

Again Post#647 ... Do Not trade when price is in CONSOLIDATION

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Jul 23 H1 crappy TDI signal fails again.png Size: 56 KB


Attached Image (click to enlarge)
Click to Enlarge Name: Post_647.png Size: 126 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,659
  • Jul 23, 2018 6:39am Jul 23, 2018 6:39am
Quoting emmanuel7788
AUDJPY Week 30 Jul 23 Look at the first 2 hours of the Sydney Open and now with 15 mins left till Tokyo Open, what do you ? we are in the last M15 candle of the H1 to close soon.... {image}
Mr Emmanuel could we pls have this template set?
  • #88,660
  • Jul 23, 2018 6:40am Jul 23, 2018 6:40am
Big E's post#261 .. the 5-Method BASICS...

... use our brain,

did he say supp/res levels?

Attached Image (click to enlarge)
Click to Enlarge Name: Post 261 TMS 5-Method basics.png Size: 131 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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