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Trading Made Simple

  • #88,661
  • Jul 23, 2018 7:03am Jul 23, 2018 7:03am
Quoting emmanuel7788
Big E's post#261 .. the 5-Method BASICS... ... use our brain, did he say supp/res levels? {image}
Tekkies: (Post#647 does not refer to Support / Resistance, colour of APB, distance between red and green and other small detail)
Please pay attention to detail emmanuel, you are not helping members by trying to be the wise guy and your last post is not really helping any member.
  • #88,662
  • Jul 23, 2018 7:11am Jul 23, 2018 7:11am
Quoting Tekkies
{quote} "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...
That's exactly what I was trying to say Tekkies. Unless traders accept the laws of probability, easier said than done, then basically we are wasting our time, it simply won't work.
Ardua Ad Astra Per
  • #88,663
  • Jul 23, 2018 7:13am Jul 23, 2018 7:13am
Quoting Tekkies
{quote} Tekkies: (Post#647 does not refer to Support / Resistance, colour of APB, distance between red and green and other small detail) Please pay attention to detail emmanuel, you are not helping members by trying to be the wise guy and your last post is not really helping any member.

Who is being the wise guy commenting on my post on crappy signals by the TDi when price is in consolidation.

Study Post#647 carefully and pay attention to "previous high or lo"

and you should read and study all Big E's post here in this thread all over again.

Attached Image (click to enlarge)
Click to Enlarge Name: Post_647.png Size: 129 KB



and previous resistance I see on my chart...

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
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,664
  • Jul 23, 2018 7:15am Jul 23, 2018 7:15am
Quoting Numb3rs
This should be the set you guys need. Hope I got it right. {file} {file} {file} {file}
Is that still up to date? I feel having some problems with the template posted on the first post, so i wonder.
  • #88,665
  • Jul 23, 2018 7:27am Jul 23, 2018 7:27am
New traders coming to this thread have three Options:

Option #1: Go to this post link, read and follow that post.The TMS history is all here.

https://www.forexfactory.com/showthr...2#post10965032

Option #2:
You don't have to read 4434 pages (88k posts)
Just two pdf files compiled by older members here will suffice.
Go to this post link, download and read those two pdfs files.

https://www.forexfactory.com/showthr...31#post9656031

Option #3:
For those with some years of trading experience trading with indicators, this option may be better.

Click and read One, Two and Three

TMS being the 5-Method is a technical trading methodology therefore you need to add your own Money Management and make it your own system. Your trading psychology is another subject matter not talked about much.

Big E was a discretionary rule based trader.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,666
  • Jul 23, 2018 7:30am Jul 23, 2018 7:30am
I got rid of all other currency pairs and now try focusing on one pair (EUR/USD). I have 3 charts positioned open.

1 x M15 ) with the 1 best 5 ma tdi template + TDI Alerts 4
1 x M30) with the 1 best 5ma tdi template + Stock
1 x Daily) with just the 1 best 5ma tdi template

Is this correct in general? And could you tell me your comments to the following EUR/USD chart with intention to go long here? How do we validate such TDI Signals on a Daily Chart and where do i would need to enter? I guess its already faded to far away yet from the open of Candle 1 after the TDI Cross Alert (I think i got the Alert for it last night somewhere).

Also is there something like "market conditions" for the Daily Timeframe we need to spot first? As for this chart can you show me where its trending, where its ranging. I still feel hard to see this.

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-daily.png Size: 75 KB
  • #88,667
  • Jul 23, 2018 7:43am Jul 23, 2018 7:43am
Shorting Silver and Gold.
Just for fun, not for trade.
Im completely newbie.

Attached Image (click to enlarge)
Click to Enlarge Name: XAGUSDH4.png Size: 25 KB

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDH4.png Size: 25 KB
  • #88,668
  • Edited 10:17pm Jul 23, 2018 7:57am | Edited 10:17pm
Quoting lddd
I got rid of all other currency pairs and now try focusing on one pair (EUR/USD). I have 3 charts positioned open. 1 x M15 ) with the 1 best 5 ma tdi template + TDI Alerts 4 1 x M30) with the 1 best 5ma tdi template + Stock 1 x Daily) with just the 1 best 5ma tdi template Is this correct in general? And could you tell me your comments to the following EUR/USD chart with intention to go long here? How do we validate such TDI Signals on a Daily Chart and where do i would need to enter? I guess its already faded to far away yet from the open of Candle...
*****
  • #88,669
  • Edited 10:17pm Jul 23, 2018 8:15am | Edited 10:17pm
Quoting lddd
I got rid of all other currency pairs and now try focusing on one pair (EUR/USD). I have 3 charts positioned open. 1 x M15 ) with the 1 best 5 ma tdi template + TDI Alerts 4 1 x M30) with the 1 best 5ma tdi template + Stock 1 x Daily) with just the 1 best 5ma tdi template Is this correct in general? And could you tell me your comments to the following EUR/USD chart with intention to go long here? How do we validate such TDI Signals on a Daily Chart and where do i would need to enter? I guess its already faded to far away yet from the open of Candle...
*****
  • #88,670
  • Jul 23, 2018 8:30am Jul 23, 2018 8:30am
Quoting DJsignals
{quote} This is how to draw support or resistance zone manually in easy way using TMS. Im completely newbie, dont follow me. In picture below, everytime green line outside volatility bad (blue line), you mark with line on chart with horizontal line. As you can see on picture below, in white box on candlestick, see how price reaction to horizontal. Easy right? Im newbie, completely, dont follow this. {image}
Thanks a lot, makes sense to me yeah.
  • #88,671
  • Jul 23, 2018 8:31am Jul 23, 2018 8:31am
Second Bounce
When using Post#647 you have to use all aspects of in that post. Staring yourself blind to one aspect is not going to help you.
Did not mention in previous post that H4 is about to crossover. It did crossover at 15H00. The angle of green is not that good. Red and green is almost on top of each other.
Twice now that Support has become Resistance. GBPUSD does not really know which direction to go.
The overall trend on all chart's is down.
TDI cross is at the right level.
Bar's and wick's does not say much.
Some red news is come up for USD to go down. The current red bar indicate the seller's think Existing Home Sales is go to push GBPUSD down
Attached Image (click to enlarge)
Click to Enlarge Name: secondsas.PNG Size: 35 KB
  • #88,672
  • Jul 23, 2018 8:35am Jul 23, 2018 8:35am
Btw i dont see the blue volatility bands on the TDI Histogram?
  • #88,673
  • Jul 23, 2018 8:39am Jul 23, 2018 8:39am
Quoting DJsignals
Im completely newbie

Me too

Quoting DJsignals
{quote}Im newbie, completely, dont follow this.
Attached Image (click to enlarge)
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  • #88,674
  • Jul 23, 2018 8:52am Jul 23, 2018 8:52am
Quoting lddd
Btw i dont see the blue volatility bands on the TDI Histogram?
you need to do this like picture below, change all color on your TDI match to these picture.
do you know how to popup this color option?

Attached Image
  • #88,675
  • Jul 23, 2018 8:55am Jul 23, 2018 8:55am
Quoting DJsignals
{quote} you need to do this like picture below, change all color on your TDI match to these picture. do you know how to popup this color option? {image}
Perfect got it now Thank you.
  • #88,676
  • Jul 23, 2018 8:56am Jul 23, 2018 8:56am
Quoting Tekkies
{quote} Me too {quote} {image}
No, you are not newbie, its reflected from your chart.
  • #88,677
  • Jul 23, 2018 9:00am Jul 23, 2018 9:00am
Quoting lddd
Btw i dont see the blue volatility bands on the TDI Histogram?
Right click on the chart. Then choose Indicator List from the pop-up menu ( or you can simply press CTR+I). In the following window (Indicators Window) select TDI Red Green indicator and press EDIT button on the top right. In the pop-up menu of Custom Indicator - TDI Red Green that opens up, select Colors tab. There you change #1 and #3 to COLOR Blue and WIDTH to 1 and click OK>Close. Viola you get the volatility bands!
  • #88,678
  • Jul 23, 2018 9:12am Jul 23, 2018 9:12am
Quoting DJsignals
Shorting Silver and Gold. Just for fun, not for trade. Im completely newbie. {image} {image}
That trade already reached first target.
Worth over 50 pips.

Im newbie with huge luck this time.
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDH4.png Size: 28 KB
  • #88,679
  • Edited 10:18pm Jul 23, 2018 9:44am | Edited 10:18pm
Quoting lddd
I got rid of all other currency pairs and now try focusing on one pair (EUR/USD). I have 3 charts positioned open. 1 x M15 ) with the 1 best 5 ma tdi template + TDI Alerts 4 1 x M30) with the 1 best 5ma tdi template + Stock 1 x Daily) with just the 1 best 5ma tdi template Is this correct in general? And could you tell me your comments to the following EUR/USD chart with intention to go long here? How do we validate such TDI Signals on a Daily Chart and where do i would need to enter? I guess its already faded to far away yet from the open of Candle...
*****
  • #88,680
  • Edited 10:18pm Jul 23, 2018 10:59am | Edited 10:18pm
Quoting lddd
I got rid of all other currency pairs and now try focusing on one pair (EUR/USD). I have 3 charts positioned open. 1 x M15 ) with the 1 best 5 ma tdi template + TDI Alerts 4 1 x M30) with the 1 best 5ma tdi template + Stock 1 x Daily) with just the 1 best 5ma tdi template Is this correct in general? And could you tell me your comments to the following EUR/USD chart with intention to go long here? How do we validate such TDI Signals on a Daily Chart and where do i would need to enter? I guess its already faded to far away yet from the open of Candle...
*****
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