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Trading Made Simple

  • #92,801
  • Jan 4, 2019 12:56am Jan 4, 2019 12:56am
Quoting emmanuel7788
{quote} POMO my acronym for Post Mortem. We should do POMO for all our trades - Wins and Losses, without any hindsight bias. This is one way to fine tune our entries and exits against our own written rules. POMO and Back-testing are different. Many of us use 10EMA, 50EMA and 200EMA when we trade and we look for CONFLUENCE of Previous Price Action PPA with these EMAs and also with price levels BRNs and RNs. Also pay attention to Day Open and Weekly Open as support and resistance. Big E used the 5EMA Typical Price, Shift+3 to replace the PAC 5SMMA...
POMO - i thought it was like " Pleasure of Missing Out" or something like that lol.

Righto - you have added the 200 EMA aswell - as you can see my rules are in progress.

Thanks
  • #92,802
  • Jan 4, 2019 6:54am Jan 4, 2019 6:54am
Quoting Pagh
Having used this system a couple of months back while i was learning to trade (still am) i really dont understand how so many of you are still here after so long. For me, getting away from this system to something that makes no sense, i really feel like theres zero logic to this system, and you cant explain what exactly your edge in the market is. Also the people who has been here for ages seems to still be trading micro lots
From what I observe...... there are some very astute trades being made each day.

The size of the entries is immaterial, some people have more capital than others.

We can not judge a system by what others do, we can only judge what we ourselves are doing.
  • #92,803
  • Edited 7:50am Jan 4, 2019 7:17am | Edited 7:50am
Quoting AkronD
{quote} It did travel for some time - i probably should have locked in a profit early. So to confirm - Just before you enter the trade on H1 - you look at the M15 aswell - how do you do all this activity in time to ensure you dont miss out?
You can do a lot between every M15 TDI cross over.
Akron
- When you have put in the hours (4 years) studying BigE full.pdf.
(Why did he say that, what is he trying to convey, what does that really mean.)
- When you follow the same rules everyday and never differentiate from them you have condition your brain to recognize the rules.
You start to trade subconsciously, the TDI crossover sort of trigger the recognizing function between the ears.
(Don't know if that can be true. Google search say - yes)
----
When Emmanuel flap his lips telling me not to only look at BigE's post in TMS I can only smile and think how little does he know. It will be a waste of time trying to tell him that every time I did not understood what BigE wrote I did a google search. When I started I did not know even what Post#63 ............ E/U, G/U A/U ............ meant. Those popcorn fight with me posting straight from BigE's post. Well I was doing two things, annoying 7788 and learning.
Only reason I am still posting is giving back what BigE gave freely. It might help someone.
  • #92,804
  • Jan 4, 2019 9:42am Jan 4, 2019 9:42am
Hi Tekkie,
I read a lot threads from you , Emmanuel etc... I wonder FF without your guy what it going to be .Thx God your guy to help a lot of trader from a little knowdge to become professional . I still learning and hoping I can follow your guy to success in this trading for the year .Green pips to every one
  • #92,805
  • Edited 2:07pm Jan 4, 2019 1:49pm | Edited 2:07pm
Quoting Tekkies
{quote} You can do a lot between every M15 TDI cross over. Akron - When you have put in the hours (4 years) studying BigE full.pdf. (Why did he say that, what is he trying to convey, what does that really mean.) - When you follow the same rules everyday and never differentiate from them you have condition your brain to recognize the rules. You start to trade subconsciously, the TDI crossover sort of trigger the recognizing function between the ears. (Don't know if that can be true. Google search say - yes) ---- When Emmanuel flap his lips telling...
I do appreciate everything you post in return - i think very few people can take satisfaction from helping others !

On that front, and i understand the intellectual debate, Emmanuel is a helpful bloke aswell.

good job to the both of you.

One thing i will add about Backtesting - i used to get very excited about looking at charts - then i found there is a large difference of
going back to looking at charts and seeing TDI real-time. As the TDI repaints itself after some time - this led me into the wrong bias and constantly
had me pondering why i hadn't been in a trade or why i was in a trade.

Personally, i needed a way to test myself with a TDI as if i was doing it live. I'm now using the LFH Trading Simulator - what a god send. This
has definitely straightened out my understanding of TDI and helped with my forex training. I would DEFINITELY recommend this EA to everyone's
kitty bag of tricks.
  • #92,806
  • Jan 4, 2019 7:05pm Jan 4, 2019 7:05pm
Quoting AkronD
{quote} I do appreciate everything you post in return - i think very few people can take satisfaction from helping others ! On that front, and i understand the intellectual debate, Emmanuel is a helpful bloke aswell. good job to the both of you. One thing i will add about Backtesting - i used to get very excited about looking at charts - then i found there is a large difference of going back to looking at charts and seeing TDI real-time. As the TDI repaints itself after some time - this led me into the wrong bias and constantly had me pondering...
@AkronD,

You want to follow the trading journey of Big E and learn from him what he did, then

you should read starting from Post#1 to this last Post#12,912 by the OP.

Quoting eelfranz
So many new traders... Do not think you can trade with us without reading the thread and taking notes. READ & STUDY. ...Big E
make sure to read each and every post by the OP and those by other members who asked questions and posted their charts and what the OP's replies were.

When you pieced them all together like a 10,000 pieces puzzle, you will at some point see a picture which is not complete. He passed away in 2012.

You are the few rare ones who now know the differences in the TDI version and what that means when you do back-testing. The biggest flaw in this thread (not the method) is in the many different versions of the TDI and how one sees history charts in their visual back-testing. You will see the flaws in all the training charts posted by the OP.

You need to continue forward test with live market charts and you will learn much quicker. You will reach some point, where you would have learned many other things and you will no longer look at and use the TDI for entries and exits.

Good journey,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #92,807
  • Jan 4, 2019 7:07pm Jan 4, 2019 7:07pm
Quoting Blaiserboy
{quote} From what I observe...... there are some very astute trades being made each day. The size of the entries is immaterial, some people have more capital than others. We can not judge a system by what others do, we can only judge what we ourselves are doing.

Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #92,808
  • Jan 4, 2019 7:36pm Jan 4, 2019 7:36pm
USDCAD Week 01 review:

Very strong pull back from the MN swing level 1.3655.

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Week 01 MN Jan 05.png Size: 22 KB


Next Week 02, I hold on to my sell positions which I opened yesterday and with my cut-loss above the weekly highs.

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Week 01 Jan 05 W1 closed.png Size: 22 KB


My original plan was to resume trading in Week 02, jan 07 but since there was a sell trigger at 1.3495 when Jan 03 closed, I took a D trade entry.

There was little retracement in the D1 so no chance to build positions. If there was retracement, I would build more positions up to the Open of the HA candle with initial Stop Loss above the recent high.

Closed 2 positions and kept my TMS MEME basket open and now with 5 open positions held over this weekend.

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Week 01 trades D1.png Size: 56 KB


Will provide trade updates next week when I have the time.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #92,809
  • Jan 4, 2019 7:49pm Jan 4, 2019 7:49pm
Quoting eelfranz
Hey Gang, You know I prefer to trade the the 1 & 4hr timeframes.... Don't be afraid to trade the Dailies for you working guys and gals. They generally have nice runs per reversal.... give it a try....

Read the OP posts and learn from his trading journey why he preferred to trade H1 and H4 timeframes.

But he did not like to trade the D1 and yet he said don't be afraid to trade the D1.
Was he afraid to trade the D1? Why?

If you have read all his posts in this thread and in his old thread, you will know the answer. I have found my own answer how to trade the D1 swing.


Have Fun,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #92,810
  • Jan 4, 2019 8:01pm Jan 4, 2019 8:01pm
Hello traders, I understand different traders will trade the same strategy differently on different time frames. There are so many experienced traders here. I trade the daily charts and hence have the time to look through 21 pairs with ease. Since I have the time, was wanting to try the h1 as so many are doing here. checking 21 pairs every hour is pretty unreasonable to me. What would ya'll suggest, which pairs will give best returns trading the h1 during the london session. I do not trade the CHF pairs(very high margin requirement). All suggestions are highly appreciated.
  • #92,811
  • Jan 4, 2019 8:41pm Jan 4, 2019 8:41pm
Quoting emmanuel7788
{quote} Read the OP posts and learn from his trading journey why he preferred to trade H1 and H4 timeframes. But he did not like to trade the D1 and yet he said don't be afraid to trade the D1. Was he afraid to trade the D1? Why? If you have read all his posts in this thread and in his old thread, you will know the answer. I have found my own answer how to trade the D1 swing. Have Fun,
I'm actually been going through the past charts e.g. post 115 (see the image attached)

Attached Image


Isn't there a support just to the left?
  • #92,812
  • Jan 5, 2019 2:02am Jan 5, 2019 2:02am
Quoting AkronD
{quote} LFH Trading Simulator.
LFH is a bit bloated to use, all those script to load. Try this one.
Set SL and TP in setup
Pick which key to sell / buy / close and off you go
Control speed with F12 / Break
CL_EC_01_ManualTradingBackTester 130829.ex4
-----------------
Have never really looked at any of BigE's chart's. Those chart's is how he used the TDI crossover and also the issue of TDI and backtesting. He gave a set of rules and scatted throughout his posts how to read the chart's with those rules. Use TDI Red Green and forward live test with real money. (Bit expensive)
  • #92,813
  • Jan 5, 2019 2:32am Jan 5, 2019 2:32am
Quoting Tekkies
{quote} LFH is a bit bloated to use, all those script to load. Try this one. Set SL and TP in setup Pick which key to sell / buy / close and off you go Control speed with F12 / Break CL_EC_01_ManualTradingBackTester 130829.ex4 ----------------- Have never really looked at any of BigE's chart's. Those chart's is how he used the TDI crossover and also the issue of TDI and backtesting. He gave a set of rules and scatted throughout his posts how to read...
Does this calculate the TDI? its just showing the TDI which has already been calculated.

I've had many attempts at reading "his" posts only, honestly - the TDI crossover which i seem to have better affinity to is the one presented by DireWolf.

https://www.forexfactory.com/showthr...=511468&page=2

Have you tried that?
  • #92,814
  • Edited 3:35am Jan 5, 2019 3:21am | Edited 3:35am
Quoting emmanuel7788
{quote} Read the OP posts and learn from his trading journey why he preferred to trade H1 and H4 timeframes. But he did not like to trade the D1 and yet he said don't be afraid to trade the D1. Was he afraid to trade the D1? Why? If you have read all his posts in this thread and in his old thread, you will know the answer. I have found my own answer how to trade the D1 swing. Have Fun,
Hi Emmanuel;

Do you know How To Making Ratio charts in mt4 or any other platforms like dynamic trader ?
For example ratio between Dow and S&P index .


Thank you
  • #92,815
  • Jan 5, 2019 3:30am Jan 5, 2019 3:30am
Quoting AkronD
{quote} Does this calculate the TDI? its just showing the TDI which has already been calculated. I've had many attempts at reading "his" posts only, honestly - the TDI crossover which i seem to have better affinity to is the one presented by DireWolf. https://www.forexfactory.com/showthr...=511468&page=2 Have you tried that?
Those picture are from this: TDI Cross.pdf or the pdf was complied from that post. DireWolf did not say repaint or not. So use the "idea" he is trying to convey.
Rather use Post#25 TDI which only confirm the crossover on bar close.

It is better than real-time TDI (fast) because on a higher time frame real-time can mislead you by showing a crossover which might at the very end of the time period change into a green bounce red. TDI (slow) will only show a crossover or a bounce after it has happened.
  • #92,816
  • Jan 5, 2019 3:39am Jan 5, 2019 3:39am
Quoting Tekkies
{quote} Those picture are from this: TDI Cross.pdf or the pdf was complied from that post. DireWolf did not say repaint or not. So use the "idea" he is trying to convey. Rather use Post#25 TDI which only confirm the crossover on bar close. It is better than real-time TDI (fast) because on a higher time frame real-time can mislead you by showing a crossover which might at the very end of the time period change into a green bounce red. TDI (slow) will...
I could be wrong - but somewhere in the thread he mentioned to use the TMS_RT. I'm not sure if it was relevant - each to their own i guess.
  • #92,817
  • Jan 5, 2019 8:01pm Jan 5, 2019 8:01pm
Quoting farhad10
{quote} Hi Emmanuel; Do you know How To Making Ratio charts in mt4 or any other platforms like dynamic trader ? For example ratio between Dow and S&P index . Thank you

Hi

Sorry, can't help you with this.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #92,818
  • Jan 5, 2019 8:13pm Jan 5, 2019 8:13pm
Quoting csethna
Hello traders, I understand different traders will trade the same strategy differently on different time frames. There are so many experienced traders here. I trade the daily charts and hence have the time to look through 21 pairs with ease. Since I have the time, was wanting to try the h1 as so many are doing here. checking 21 pairs every hour is pretty unreasonable to me. What would ya'll suggest, which pairs will give best returns trading the h1 during the london session. I do not trade the CHF pairs(very high margin requirement). All suggestions...
Trading the D1 swings are most profitable.

If you have time during the day and want to trade hourly, simply follow the D1 swings and add more positions using either the H1 or the M15 for entries. I do my entries on M5 and I do not use any TDI. When I use the M5 for Multiple entries, I prefer to code this in my using the MACD. Timing and accuracy is not important because I trade the average price using the average price bar APB/HA.

If you want to trade H1 for short term intraday trades, then you need to have the knowledge and experience shared by Big E is his old thread. Go back and start reading his posts in the old thread. Pay attention to how to identify the reversal candle by Craig Harris' Natural Flow Forex. That was where Big E started in 2009 after he attended CH' seminar before he went on to Synergy by Compass FX.

Keywords: reversal candle, reversal pattern.

Watch this video:

https://vimeo.com/20548499

Have fun in your learning journey.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #92,819
  • Jan 5, 2019 8:20pm Jan 5, 2019 8:20pm
Quoting AkronD
{quote} I could be wrong - but somewhere in the thread he mentioned to use the TMS_RT. I'm not sure if it was relevant - each to their own i guess.

That is simple. If anyone read Big E posts and followed his instruction and downloaded the TDI from that website after 2008, then that version is realtime.

Those who downloaded in 2007, I have that older version which is the same one in Post#25.

After 2010, there is another version aka Fast-TDI Advance Synergy and later on, came the Synergy TDI Pro.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #92,820
  • Jan 5, 2019 8:25pm Jan 5, 2019 8:25pm
Manual Back Tester, open trades with hot key in back testing

see this thread and video:

https://www.forexfactory.com/showthread.php?t=445367
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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