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Trading Made Simple

  • #88,721
  • Jul 24, 2018 4:41am Jul 24, 2018 4:41am
Quoting lddd
{quote} Aha. Okay, speeking for me only. Its irritating to post single phrases like "Its not London session yet but this set up ..". I mean what does this helps?`You maybe want to open your own church to speak like that to people
Iddd
Don't go down that road. It leads to nowhere.
Take only BigE's post's. Study it, practise it. Rinse and repeat. Keep on doing it, after a time and one more time you will start to understand how to apply BigE's post's after TDI indicated with a crossover that a possibly trade can be placed.

The best is to always check what member's post against what BigE posted.

Took this trade with some point's I looked at. I know already I jumped the trade because it is already 30 min later and price did not move much down.
- Below support
- Wick's show Seller's are strong
- Long green bar might only be a stoploss hunt by the big boys, and I think also to trade the pull back
- H1 green is flat
- M15 stoch confirm direction
- Long term trend is down
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  • #88,722
  • Jul 24, 2018 4:49am Jul 24, 2018 4:49am
I will help anyone who wants advice. It matters little whether people think my opinions are valid or not. It's true to life that wisdom counts for a lot, so when i see people who have considerably less than myself simply stating out of hand that for me to even be posting must mean that i don't have a clue, is frankly insolent.

If everyone used a simple crossover method and made money regularly, they would all have a business plan and be ramping up position sizes. Over a couple of years they should be capable of making millions... where are they all?

At least combine it with a larger overall view. Elliott Wave would be the most obvious as it mimics human emotion. It's common sense at the end of the day, if there is more buying than selling, the price goes up and vica versa. Moves usually start tentatively (in absence of recent news) and so waves 1&2 print, then when more confidence builds, everyone wants a piece and you have your powerful wave 3... once broken with wave 4 (which is usually shallow, due to momentum), then wave 5 again shows a bit of hesitancy, before a larger correction occurs. It's not voodoo stuff... it's pure common sense.

Now if you had enough experience of viewing markets in this fashion and used a crossover to enter where you think wave 3 starts, i could agree... the problem is, it is the most difficult wave to PRE-determine.

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  • #88,723
  • Jul 24, 2018 4:55am Jul 24, 2018 4:55am
Quoting Tekkies
{quote} ''' Below support - Wick's show Seller's are strong - Long green bar might only be a stoploss hunt by the big boys, and I think also to trade the pull back - H1 green is flat - M15 stoch confirm direction - Long term trend is down {image}
really, there is stoploss hunt by the big boys. That's silly.

lots of orders in the market to be filled, stop orders, limits orders, etc, you think the big boys are interested in stop loss. They look at all type of orders and you stop loss is just like all those stop and limit orders.

Cut your crap, Big E did not trade the way you did on your chart. Where are your HA candles?

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,724
  • Jul 24, 2018 4:57am Jul 24, 2018 4:57am
To make money you have to have FOREsight, not hindsight. Ask yourself why a price reacted and shot upwards? Could it be because that's where the buyers came in again?

Learn the difference between impulse (main) trends and corrective. Main trends are usually straighter and corrective have lots of cross-overs and regular deep pullbacks.

Knowing this, you can presume a trend that isn't broken (didn't take out the prior last significant HL), (Higher Low), but reacts near previous Demand, will go on to print fresh highs (or at least return to previous Supply). That's a low risk/high reward trade;

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Notice how the PA Short was very different to the main trend Long.
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  • #88,725
  • Jul 24, 2018 5:07am Jul 24, 2018 5:07am
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  • #88,726
  • Jul 24, 2018 5:12am Jul 24, 2018 5:12am
Quoting The Cableguy
I will help anyone who wants advice. It matters little whether people think my opinions are valid or not. It's true to life that wisdom counts for a lot, so when i see people who have considerably less than myself simply stating out of hand that for me to even be posting must mean that i don't have a clue, is frankly insolent. If everyone used a simple crossover method and made money regularly, they would all have a business plan and be ramping up position sizes. Over a couple of years they should be capable of making millions... where are they...
Cable how many traders will disagree with you regarding the method in use.
- You use Elliott Wave. Fine good for you.
- Harmonic trader will argue with you.
- Pivot trader will argue with you
- Inside bar trader will argue with you
- Supply and demand trader will argue with you
Each trader that use his own method will argue with you

The same can be posted about Elliott Wave:
"they would all have a business plan and be ramping up position sizes. Over a couple of years they should be capable of making millions... where are they all"
If Elliott Wave's are that good why are you wasting your time here? You would not be bothered about what is happening in a small thread in the middle of nowhere in the Word Wide Web of internet space.
  • #88,727
  • Jul 24, 2018 5:14am Jul 24, 2018 5:14am
Quoting emmanuel7788
{quote} really, there is stoploss hunt by the big boys. That's silly. lots of orders in the market to be filled, stop orders, limits orders, etc, you think the big boys are interested in stop loss. They look at all type of orders and you stop loss is just like all those stop and limit orders. Cut your crap, Big E did not trade the way you did on your chart. Where are your HA candles? {image} {image} {image}
Attention to detail emmanuel
Long green bar might only be a stoploss hunt by the big boys
  • #88,728
  • Edited 5:29am Jul 24, 2018 5:18am | Edited 5:29am
Quoting Tekkies
{quote} Cable how many traders will disagree with you regarding the method in use. - You use Elliott Wave. Fine good for you. - Harmonic trader will argue with you. - Pivot trader will argue with you - Inside bar trader will argue with you - Supply and demand trader will argue with you Each trader that use his own method will argue with you The same can be posted about Elliott Wave: "they would all have a business plan and be ramping up position sizes. Over a couple of years they should be capable of making millions... where are they all" If Elliott...

I use more than Elliott Wave... much more... and do you know what? I dont care one jot about who will argue with me! Why should i listen to others traders (who i don't know the first thing about') views?

There is so much utter bullshit on threads such as this. People who want to make it look like they are the latest hotshot traders and yet in the end, the only person that they are kidding is themselves!

There are far far less traders who make a regular success in this profession, then anyone realises. Nothing but con-artists. You keep doing what you're doing, seeing that you are obviously having such success. You defend this method so vigorously, that you must be making a fortune. Well done! you're not kidding me sunshine.
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
  • #88,729
  • Jul 24, 2018 5:20am Jul 24, 2018 5:20am
Quoting Tekkies
{quote} Iddd Don't go down that road. It leads to nowhere. Take only BigE's post's. Study it, practise it. Rinse and repeat. Keep on doing it, after a time and one more time you will start to understand how to apply BigE's post's after TDI indicated with a crossover that a possibly trade can be placed. The best is to always check what member's post against what BigE posted. Took this trade with some point's I looked at. I know already I jumped the trade because it is already 30 min later and price did not move much down. - Below support - Wick's...
Yes i think thats probably the best i can do.
  • #88,730
  • Jul 24, 2018 5:22am Jul 24, 2018 5:22am
Quoting emmanuel7788
{quote} you are a liar and a typical loser in trading. show proof of my photo-shop charts and trades, etc. LIAR this thread is now a COMEDY THREAD not because of me. It is because of people like you who can't trade, lost money and looking for others to blame. people can go to your profile and read all your 98 posts and they will know you better. LIAR. it is because you keep losing money and you do not believe others here can actually trade TMS and made some money. Edit. I forgot to add that you lost money subscribing to that signal service by that...
LMAO, no Emmanuel, you can slip and slide all you like but old timers around here know the truth and you can't hide.
Ardua Ad Astra Per
  • #88,731
  • Jul 24, 2018 5:22am Jul 24, 2018 5:22am
Quoting Tekkies
{quote} Attention to detail emmanuel Long green bar might only be a stoploss hunt by the big boys

cut your attention to detail bullshit

long price bars do not mean stoploss hunt by the big boys. Proof it if you can.

what I see is a support to the left and that was tested once before. the market set you up if you went in and sell.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,732
  • Jul 24, 2018 5:25am Jul 24, 2018 5:25am
I went long on EUR/USD M15. Where should i take profits on such trades? Was this a good signal at all?

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  • #88,733
  • Jul 24, 2018 5:25am Jul 24, 2018 5:25am
Quoting mistakesr
{quote} LMAO, no Emmanuel, you can slip and slide all you like but old timers around here know the truth and you can't hide.

show proof, you LIAR.

where are those posts where you see as photo-shop charts and trades.

those you refer to as old timers here, they all lost money like you.

if those old timers made money they would be happy to post and show off.

I know those few who made money and those who did not. That is not difficult to read and know who they are.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,734
  • Edited 5:39am Jul 24, 2018 5:28am | Edited 5:39am
Quoting lddd
I went long on EUR/USD M15. Where should i take profits on such trades? Was this a good signal at all? {image}

I cannot see where your trade entry withut a chart.

On my charts, I see M15 consolidation and if you took a breakout buy, you may get some pips to the next resistance above.

Edit. I see your chart now. That was a good entry but resistanse is just above and the BRN 1.1700

and yesterday's Day Open is the PA resistance where TP is possible if the breakout has follow through later.

It is a new H4 candle right now.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,735
  • Jul 24, 2018 5:37am Jul 24, 2018 5:37am
Quoting The Cableguy
{quote} I use more than Elliott Wave... much more... and do you know what? I dont care one jot about who will argue with me! Why should i listen to others traders (who i don't know the first thing about') views? There is so much utter bullshit on sites such as this. People who want to make it look like they are the latest hotshot traders and yet in the end, the only person that they are kidding is themselves! There are far far less traders who make a regular success in this profession, then anyone realises. Nothing but con-artists. You keep doing...
Now I understand Cable.
Your post is a good reflection on yourself Cable. it describe you to the letter "T"

You don't have to listen to other traders. The other traders should listen and follow you. If the don't they are:
"are stupid, illiterate and everything in between"
May I add "sunshine" to the list.
  • #88,736
  • Jul 24, 2018 6:04am Jul 24, 2018 6:04am
Quoting emmanuel7788
{quote} I cannot see where your trade entry withut a chart. On my charts, I see M15 consolidation and if you took a breakout buy, you may get some pips to the next resistance above. Edit. I see your chart now. That was a good entry but resistanse is just above and the BRN 1.1700 and yesterday's Day Open is the PA resistance where TP is possible if the breakout has follow through later. It is a new H4 candle right now. {image}
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Update: I did exit the trade manually already by the way for 12 pips +
  • #88,737
  • Jul 24, 2018 6:12am Jul 24, 2018 6:12am
Quoting lddd
{quote} {image} Update: I did exit the trade manually already by the way for 12 pips +

Good to have a profitable trade.

Now you can look at other exit strategy and how you would manage your trades for maximum Rs.

Look at the HA candles, the colour did not change so we normally stay in the trade and manage by moving the initial SL.

Using R and R-Multiple is a proven method,


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #88,738
  • Jul 24, 2018 6:17am Jul 24, 2018 6:17am
Quoting emmanuel7788
{quote} That was a good entry but resistanse is just above and the BRN 1.1700 and yesterday's Day Open is the PA resistance where TP is possible if the breakout has follow through later. It is a new H4 candle right now. {image}
I must confess honestly that I did not pay attention to possible resistance again But one more question regarding this. So, if I open trades in the example on M15, do I pay attention to the last higher candle and see this as resistance?
  • #88,739
  • Edited 6:41am Jul 24, 2018 6:21am | Edited 6:41am
Quoting Tekkies
{quote} Now I understand Cable. Your post is a good reflection on yourself Cable. it describe you to the letter "T" You don't have to listen to other traders. The other traders should listen and follow you. If the don't they are: "are stupid, illiterate and everything in between" May I add "sunshine" to the list.

I think a lot of it is that many have tried and failed with this method, especially when new to trading. And because of that, those who have the hang of trading today feel an obligation to make sure that new traders who arrive at this very well ranked page don't make the same mistake.

Anyone would have to agree that watching some lines cross is easier than understanding supply and demand, elliot wave etc. The audience for CG & Divergences trading is not aligned with this forum.

Since there is no owner, it is a free for all. Good fun though
'in less than half an hour he made over 100 ticks'
  • #88,740
  • Jul 24, 2018 6:44am Jul 24, 2018 6:44am
Quoting onejester
{quote} I think a lot of it is that many have tried and failed with this method, especially when new to trading. And because of that, those who have the hang of it feel an obligation to make sure that new traders who arrive at this very well ranked page don't make the same mistake. Anyone would have to agree that watching some lines cross is easier than understanding supply and demand, elliot wave etc. The audience for CG & Divergences trading is not aligned with this forum. Since there is no owner, it is a free for all. Good fun though
Sometimes with a bucket of popcorn this thread beat's a good movie hand's down.
Poor old Tekkies is usually the main target.
How dare he use a simple TDI crossover.
It has to be complicated or els it is not trading.
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