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Trading Made Simple

  • #89,201
  • Aug 6, 2018 1:14pm Aug 6, 2018 1:14pm
Quoting lddd
{quote} If his stop loss are 20 take profit should be at least 40
that is what we try to aim for but what I am saying is if you want 20 pips you don't need H4 tf
the cautious seldom err....C
  • #89,202
  • Aug 6, 2018 2:14pm Aug 6, 2018 2:14pm
Quoting KennethYang
Hi, 32nd week AUD/USD 4H sell entry T/P 20 pips S/L -20 pips {image}

H4 is in CONSOLIDATION since last Friday close. We see this ahead even before considering any TDI trade.
If you want to trade, then trade M15 and treat the Master Candle High-Low as support/resistance.
Be careful with that big bar/candle before the Master Candle. That is a Wide Range Bar WRB and it attracts price like bees to honey..

Tomorrow it will breakout.

my comments on your chart below.

Attached Image (click to enlarge)
Click to Enlarge Name: KennethYang AUDUSD H4 trade Aug 06.png Size: 148 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,203
  • Aug 6, 2018 2:23pm Aug 6, 2018 2:23pm
Quoting emmanuel7788
{quote} H4 is in CONSOLIDATION since last Friday close. We see this ahead even before considering any TDI trade. If you want to trade, then trade M15 and treat the Master Candle High-Low as support/resistance. Be careful with that big bar/candle before the Master Candle. That is a Wide Range Bar WRB and it attracts price like bees to honey.. Tomorrow it will breakout. my comments on your chart below. {image}
How do we spot consolidation BEFORE it happens? I ask this my self for quiet a long time. Lets say you have a proper setup on the candle just before it starts ranging. How you can protect your self from this?
  • #89,204
  • Aug 6, 2018 2:27pm Aug 6, 2018 2:27pm
Quoting NaQ
Hi everyone! It's my first post on FF. I analysed some of strategies based on TDI and heiken-ashi candles. The TMS is the most popular but some users have changed basic rules of it. I see that some of you (I meant @emmanuel7788) are also active in mehdi343's thread (https://www.forexfactory.com/showthread.php?t=588548). Do you think that his system is profitable or maybe you have your own system based on BiG E principles? I really appreciate any help you can provide. All the best to you!

Both Mehdi343' Method_1 and Method_2 works provided you fully understood the chart technical conditions and trade them with discipline.

Mehdi343 is a smart person, he learned Big E style of trading very well and adapted the 5-Method and using the Stochastics as the primary indicator over the TDI.
This is the original how Big E started when he was a newbie. But Big E took a different path and followed CompassFx Synergy.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,205
  • Aug 6, 2018 2:28pm Aug 6, 2018 2:28pm
Hello Emmanuel, ,
Hello everyone ,,

I am trying to find an answer to this question :

Quote
Let me ask you a stupid question if you allow : Are there Fixed Rules (The Holy Gril) to make ALL people winners (In Trading) ? Or is it Variable depending on the person?
IF ITS VARIABLE , Is there Another Way to find out what is not work and what is work , Except Trial and Error ?

Thanks
There is Light at the End of the Tunnel.
  • #89,206
  • Aug 6, 2018 2:32pm Aug 6, 2018 2:32pm
Quoting lddd
{quote} How do we spot consolidation BEFORE it happens? I ask this my self for quiet a long time. Lets say you have a proper setup on the candle just before it starts ranging. How you can protect your self from this?

the first clue is usually given by the TDI Volatility Band,... Green PL line exit the Blue VB and re-enters the VB,

then next is the Price Action, look for big candles and small candles.

you see the above well ahead of the TDI as signal.

when you see the TDI signal and then start checking Post#647, you are slow and wasted your time.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,207
  • Aug 6, 2018 2:37pm Aug 6, 2018 2:37pm
Quoting emmanuel7788
{quote} Both Mehdi343' Method_1 and Method_2 works provided you fully understood the chart technical conditions and trade them with discipline. Mehdi343 is a smart person, he learned Big E style of trading very well and adapted the 5-Method and using the Stochastics as the primary indicator over the TDI. This is the original how Big E started when he was a newbie. But Big E took a different path and followed CompassFx Synergy.
Thank you for your reply. And which system did you choose? Where can I find basics of 'CompassFx Synergy' or '5-Method'? Many thanks in advance!
  • #89,208
  • Aug 6, 2018 2:49pm Aug 6, 2018 2:49pm
Quoting Ali.J
Hello Emmanuel, , Hello everyone ,, I am trying to find an answer to this question : {quote} Thanks

Learning to trade by "Trial and Error" will lead to endless tribulations (sufferings). It cause you more harm than good. Many will give up.

You have a holy grail in you which you must work hard to find it. My holy grail is not the same as your holy grail.

You need to have a roadmap that will lead you to your holy grail, it is also known as your blueprint to trading success.

Following your own blueprint will take you years. I have not known anyone who made it in less than 3 years.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,209
  • Aug 6, 2018 3:04pm Aug 6, 2018 3:04pm
Quoting Ali.J
Hello Emmanuel, , Hello everyone ,, I am trying to find an answer to this question : {quote} Thanks
Ali
Emmanuel posted a iceberg with word's on. The answer you seek is under the water.
  • #89,210
  • Aug 6, 2018 3:05pm Aug 6, 2018 3:05pm
Quoting emmanuel7788
{quote} Learning to trade by "Trial and Error" will lead to endless tribulations (sufferings). It cause you more harm than good. Many will give up. You have a holy grail in you which you must work hard to find it. My holy grail is not the same as your holy grail. You need to have a roadmap that will lead you to your holy grail, it is also known as your blueprint to trading success. Following your own blueprint will take you years. I have not known anyone who made it in less than 3 years.
Dear Emm. My 1st Teacher

Quote
Learning to trade by "Trial and Error" will lead to endless tribulations (sufferings). It cause you more harm than good. Many will give up.

Thats mean it is Variable :

Quote
IF ITS VARIABLE , Is there Another Wayto find out what is not work and what is work , Except Trial and Error ?

So , what else ?
There is Light at the End of the Tunnel.
  • #89,211
  • Aug 6, 2018 3:19pm Aug 6, 2018 3:19pm
Guys i still struggle with finding a working environment. Is the TDI Red Green Indicator from Post1 and Page 2 somehow different? Can anyone just provide me with a clean looking and working template with the indis i need working on multiple timeframes.

I still have the feeling i am setted up wrong somehow. Also the TDI Indicators coming with any Alert functions somehow not work or lagging for me.
  • #89,212
  • Aug 6, 2018 3:25pm Aug 6, 2018 3:25pm
Quoting Tekkies
{quote} Ali Emmanuel posted a iceberg with word's on. The answer you seek is under the water.
You misunderstanding me :
I didn't say (make people's winners ALWAYS )
My point is : ( make peoples winners at accumulation result ) after 100 or 1000 trade (with losses trades ) they will make money by using that ( holy gril )
There is Light at the End of the Tunnel.
  • #89,213
  • Aug 7, 2018 1:14am Aug 7, 2018 1:14am
Quoting emmanuel7788
{quote} H4 is in CONSOLIDATION since last Friday close. We see this ahead even before considering any TDI trade. If you want to trade, then trade M15 and treat the Master Candle High-Low as support/resistance. Be careful with that big bar/candle before the Master Candle. That is a Wide Range Bar WRB and it attracts price like bees to honey.. Tomorrow it will breakout. my comments on your chart below. {image}
I was hasty.
Thank you, Emm.
Attached Image (click to enlarge)
Click to Enlarge Name: 0807_AUDUSD.png Size: 38 KB
  • #89,214
  • Aug 7, 2018 1:31am Aug 7, 2018 1:31am
Quoting Ali.J
{quote} You misunderstanding me : I didn't say (make people's winners ALWAYS ) My point is : ( make peoples winners at accumulation result ) after 100 or 1000 trade (with losses trades ) they will make money by using that ( holy gril )
Are there Fixed Rules (The Holy Gril) to make ALL people winners (In Trading)
Then the answer is: NO

If there were fixed rules it would have been published by now. (the few elected that did stumble upon it refrain from writing / talking (keep the rule secret).
Every trader would have followed those fixed rules by now, depleting Forex Market of all pips.
--------
What we do have is some traders have stumbled upon some of those unwritten rules, start using it, which made them legends. Every legend only talked about what he has discovered or used.
------
Traders like Warren Buffet, George Soros, John Paulson, David Einhorn, Bill Gross and John Templeton each had his version of the holy grail (rule).
  • #89,215
  • Aug 7, 2018 1:52am Aug 7, 2018 1:52am
AUDUSD H1 POP Gun after the RBA rate decision.

Mother Bar - Inside Bar - Bullish Engulfing Outside Bar = POP Gun

BUOB closed just above the PAC High...nice!

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Week 32 Aug 07 H1 POP Gun.png Size: 45 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,216
  • Aug 7, 2018 2:00am Aug 7, 2018 2:00am
Quoting Ali.J
{quote} Dear Emm. My 1st Teacher {quote} Thats mean it is Variable : {quote} So , what else ?
@Ali.J

I am not your teacher, not your 1st and wont be your last

My last post to you was this:

Go to that thread james16, read all the OP' post in 2005 and study all his charts from 2005 till 2012. These should help you learn what to look for when you start trading the D1 chart and using TMS 5-Method.

have you done this?

If you have, then please start post your charts with the TMS 5-Method template in this thread.
Show on your TMS charts, the following:
- DBHLC and DBLHC
- BEEB/BUEB
- BEOB/BUOB

You must start doing YOUR WORK.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,217
  • Aug 7, 2018 2:06am Aug 7, 2018 2:06am
Quoting KennethYang
{quote} I was hasty. Thank you, Emm. {image}

Learn to spot those big candle which become Master Candle and avoiud trading in that timeframe of the Master Candle.
But you can trade in the next lower timeframe - H1 or M15. Use the Master Candle High Low as your consolidation range support/resistance, trade until the breakout.


Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Week 32 H4 Master Candle.png Size: 54 KB


There is a Master Candel indicator posted in this thread. Look for that in the attachmenets.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,218
  • Aug 7, 2018 2:12am Aug 7, 2018 2:12am
AUDUSD another possibility in M15

A Triple Inside Bar with breakout.... small SL and good Risk:Reward.

Note: That Triple IB also is a Master Candle with its own High-Low

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Week 32 Aug M15 Triple IB breakout.png Size: 45 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,219
  • Edited 4:38am Aug 7, 2018 4:17am | Edited 4:38am
Valid Signal? USD/CAD M15

Update: Again, did not look at the higher TFs where its down. Closed -2 Pips. :/

Attached Image (click to enlarge)
Click to Enlarge Name: usdcad-m15-fxopen-investments-inc.png Size: 58 KB
  • #89,220
  • Aug 7, 2018 5:59am Aug 7, 2018 5:59am
Iddd,

I rode it down as well on the hourly and bailed out half nearly an hour ago when the TDI went flat, still in half (of the position) short on the 4hrly.

Just of note that might help to others, when I saw Iddd screenshot the TDI looked very different to mine, then I relised I was just zoomed in alot !

Thanks for posting, helpful.
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