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Trading Made Simple

  • #93,341
  • Jan 20, 2019 7:13am Jan 20, 2019 7:13am
[quote=Tekkies;11904481]{quote} Here we going again. Can only come to the conclusion Emmanuel that the chart's I post you see as a threat to get members to trade your way. Members seeing my chart's will start to ask themselves "if Tekkies can do that I can do that also." See you Monday with a other cherry pick chart.

@Tekkies,

come next week,

Yes, let's see more of your cherry picked trades like this one below

Preaching how you trade TDI cross but do the opposite and show trades taken without TDI cross.

Common sense tell us the TDI cross down when the price bar is bearish (red bar) and not when the price is bullish (green bar).

Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies post 93152.png Size: 249 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,342
  • Jan 20, 2019 7:53am Jan 20, 2019 7:53am
Quoting emmanuel7788
Quoting Tekkies
{quote} Here we going again. Can only come to the conclusion Emmanuel that the chart's I post you see as a threat to get members to trade your way. Members seeing my chart's will start to ask themselves "if Tekkies can do that I can do that also." See you Monday with a other cherry pick chart. @Tekkies, come next week, Yes, let's see more of your cherry picked trades like this one below Preaching how you trade TDI cross but do the opposite and show trades taken without TDI cross. Common sense tell us the TDI cross down when
...
AND WAITING......

Regards,Alexander
  • #93,343
  • Jan 20, 2019 7:55am Jan 20, 2019 7:55am
Quoting Alex1055
{quote}{quote} AND WAITING...... Regards,Alexander
I am waiting too for a simple reply from you,

Hi Alex1055,

Yes, I read what you want. Tell me what you want to see in detailed statement and what do you want to do with detailed statement?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,344
  • Jan 20, 2019 8:56am Jan 20, 2019 8:56am
Quoting emmanuel7788
Quoting Tekkies
{quote} Here we going again. Can only come to the conclusion Emmanuel that the chart's I post you see as a threat to get members to trade your way. Members seeing my chart's will start to ask themselves "if Tekkies can do that I can do that also." See you Monday with a other cherry pick chart. @Tekkies, come next week, Yes, let's see more of your cherry picked trades like this one below Preaching how you trade TDI cross but do the opposite and show trades taken without TDI cross. Common sense tell us the TDI cross down when
...
Have you made your way to the robot?
  • #93,345
  • Jan 20, 2019 9:41am Jan 20, 2019 9:41am
Quoting Tekkies
{quote} Hi Kain - TAKE THE TDI off your charts. Why? Have said before TDI indicate a possible trade. Post#647 is price action. All the elements of price action is contained in that post. Only need to add Sup/Res level. TDI save you time by telling you where to start to look for price action set-up. It is all it does. The angle 12 / 2 or 4 / 6 even prevent you from start looking for possible setup's. Green angle is not between those level, stop right there and find a other setup. To me Price Action confirm that TDI has indicated a possible entry...


Hello Tekkies, I do not feel post 647 is the holy grail some of you guys like to make it out to be .it simplifies price action way too much, and with not even so much as a chart to highlight his examples.

It is the most overhyped post in the history of forexfactory

For starters post 647 does not address How do you tell if there is an uptrend or a downtrend? [I have seen MANY different ways differant traders use [from using every MA under the sun to bribing a 5 year old child with cookies to look at the chart and give his view], i'm sure not all of these ways are "legit". How is Big E telling if it's in an uptrend or downtrend?] Post 647 doesn't tell us. Does he tell us someplace else? because it certainly isn't in post 647

what if h1 is in a downtrend but h4 is in an uptrend and you receive a tdi signal on H1 then what then?
ok what if i'm in an downtrend and wish to take a counter trend signal? what must price then do to to signify it's ok to trade?

It's funny big E talks about "are we in uptrend or downtrend" when it really doesn't matter to him when it comes to taking a trade as he takes counter trends frequently

The overwhelming amount of trades iddd takes i notice are countertrade.
I am no expert at counter trend trading but the vast majority of the times iddd launches a trade the price action looks dodgy.

here for example: https://www.forexfactory.com/showthr...4#post11837404

where is the support he's using?
I can't see a MA,BRN, daily fib, weekly fib, double bottom, triple bottom ...etc etc

knowing iddd I would not be surprised at all if that is not a support level and he is simply buying in no mans land

forget TDI for a second.
How is post 647 helping him address this basic price action blunder?


his stop loss is way too tight too
how is post 647 helping him with that mistake?


He needs to sort out his PA imo, and get used to identifying likely scenario's where price will go his way. once he can do that, wait for indicators to confirm his PA analysis.

post 647 is FAR too basic to constitute a lesson in price action
  • #93,346
  • Jan 20, 2019 10:32am Jan 20, 2019 10:32am
interesting quote by tekkies who likes to quote big e heres his contradictory statement about his own trading - Never claimed that I am profitable. You made a statement now proof it please. Yes, you will find post's with some profit posted which does not mean a claim to be profitable either. BigE made those claims.

The chart's I post and reader's apply the advice given will soon find out that M15H1 is profitable or not for themselves. BigE also did not provide proof. He showed a method, explained the method. The rest he left up to the reader to find out for themselves.

Have followed BigE's advice in this thread. Learned from what he has posted. Fined tuned / tweaked TMS to my understanding. Removed what I did not need. Now I have a method that does works for me.
hes says hes not profitable yet the method works for him thats hilarious
  • #93,347
  • Jan 20, 2019 12:24pm Jan 20, 2019 12:24pm
The Charts below are referenced in these Posts by Eelfranz. Post #954 Post #1,073 Post #127

The TDI is far too sensitive to Price Movement.

I could never understand why Big E continued to put so much faith in Indicators when he obviously had the knowledge to Trade without relying on them.

If you Trade using the TDI you will also need knowledge of how the Market behaves to make it work for you consistently.

It's a pity he isn't still around I would love to discuss the topic with him.

Back in the day, when he was here, I didn't have the depth of knowledge I now have to be able to discuss it with him.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 20th Jan 19 EUR:USD M15 Example Chart.png Size: 181 KB
Click to Enlarge Name: 20th Jan 19 USD:CAD Example Chart.png Size: 175 KB
Click to Enlarge Name: 20th Jan 19 GBP:USD M15 Example Chart.png Size: 158 KB
  • #93,348
  • Jan 20, 2019 12:51pm Jan 20, 2019 12:51pm
Quoting emmanuel7788
{quote} I am waiting too for a simple reply from you, Hi Alex1055, Yes, I read what you want. Tell me what you want to see in detailed statement and what do you want to do with detailed statement?
If you are profitable,of course,what are you thinking?
  • #93,349
  • Jan 20, 2019 1:56pm Jan 20, 2019 1:56pm
Quoting kain775
{quote} Hello Tekkies, I do not feel post 647 is the holy grail some of you guys like to make it out to be .it simplifies price action way too much, and with not even so much as a chart to highlight his examples. It is the most overhyped post in the history of forexfactory For starters post 647 does not address How do you tell if there is an uptrend or a downtrend? [I have seen MANY different ways differant traders use [from using every MA under the sun to bribing a 5 year old child with cookies to look at the chart and give his view], i'm sure...
- It is mentioned in Post#647 the how is in Post#686
Trend... long term and short term...
I take a chart and make the candles as small as they will go to find the direction of the long term trend...
Then I enlarge them to my normal trading size for the current short term trend...
If they are the same I feel I have better odds on my side... if they are opposite I may trade less lots per trade...
I will pay more attention to the last swing (candle size & length)...
-what if h1 is in a downtrend but h4 is in an uptrend
One of two things can happen.
- H4 can follow H1 into a downtrend and the trade entered on H1 will have a good head start
- H1 green will cross red upwards and continue in the previous direction. (H4 is the long term trend on H1 which mean that the trade was placed on the short term trend) Again what must you do when you have a TDI crossover. Check with #647

--he takes counter trends frequently. Not BigE so I can not talk much about that.
-- Support Resistance. He did mentioned go to Babypips to learn basic Forex's. I did that with line chart, zoom out and plot them S/R level.

As to Iddd. Many gave him advice. He has to learn from his own mistakes. We all did.

Kain there is more to Post#647 then what BigE has posted.
  • #93,350
  • Jan 20, 2019 2:10pm Jan 20, 2019 2:10pm
Quoting Divergence
interesting quote by tekkies who likes to quote big e heres his contradictory statement about his own trading - Never claimed that I am profitable. You made a statement now proof it please. Yes, you will find post's with some profit posted which does not mean a claim to be profitable either. BigE made those claims. The chart's I post and reader's apply the advice given will soon find out that M15H1 is profitable or not for themselves. BigE also did not provide proof. He showed a method, explained the method. The rest he left up to the reader to...
Hi Dif
What do you see as profitable?
  • #93,351
  • Jan 20, 2019 2:57pm Jan 20, 2019 2:57pm
Quoting Tekkies
{quote} Hi Dif What do you see as profitable?
if you have to ask then thats the problem
  • #93,352
  • Jan 20, 2019 4:26pm Jan 20, 2019 4:26pm
Quoting kain775
{quote} I can't believe you're still focused on all these "false signals". when the markets open TAKE THE TDI off your charts and start posting price actions setups you see. If they are not correct in the first place TDI is COMPLETELY USELESS. TDI confirms price action setups, You seem to literally believe every time the TDI gives a signal it's time to trade. ITS NOT. It's only right to trade when the price action is in order. and until you improve your price action. TDI will continue to f**k you up the arse. Again and again and again....
I am looking at price action Kain, also i do not trade every TDI signal i see. The conflict i have is probably more about finding any routine can be repeated on a daily base without wasting to much time as i am involved in a lot of other stuff.

Now i can't just watch price doing nothing most of the time staring even at M1 charts to see price only going sideways for 10-20 pips even in most volatile times.

I can trade the eu session from Frankfurt Open to London Close. I am doing this for quiet half a year now and even while jumping through multiple currency pairs here like all majors its a "pain in the ass" to catch at least 1-2 setups a day which are valid according to all the rules. And i don't just mean a TDI red/green cross.

I am talking about setups which are valid to the TDI, Stochastic + Price Action at same time.

So tell me for e.g how to build a CONSTANT ROUTINE here if you are not even able to integrate a simple alert functionality where you only get called to your screen if there is really a highly promising setup (and not just TDI gave a cross..).

For e.g if you try to setup alerts for only 1 currency pair at M15 or H1 you get called to your screens a lot of times.

Now the really hard part just starts here to me. You will need to check each TDI cross against all the other "4x basic stuff" + make your self your own picture of what price action is looking at this point, before you may or may not trigger action e.g buy or sell on it.

Don't you think this has nothing to do with getting any constant routine you can profitable from in the long run?

For example, why is there no indicator bringing it all together? Like the TDI only alerting me if there is a TDI cross where the TDI green angle is at its perfect 12-18 clock angle for a buy or sell + price action is fine too + away from any support or resistance.

So i may only have to make sure i am not trading during a high impact news but already have 9 out of the 10 entry rules filtered out by default otherwise i won't get any signal at all.

Regarding PA. Well, Price Action has not even been discussed by the author in detail. What is mean by Price Action here do you think? Like only taking setups which are in direction with the longer term trend? For e.g you get some signal on M15 which tells you to BUY but H1 is not up trending (no higher highs, higher lows). So you skip such setup. Now you see H1 is up trending too but the candles layout looks ugly like long wicks/shadows? You may skip such setup again. What about any special candle stick patterns or chart patterns which is also part of the overall term price action? Doesn't matter?

You see, so many things left open for conspiracy theories within this strategy that you cannot just build any repeatable trading plan from it which many claim to have here. I think its all just rumors...

Maybe trading manually is completely overrated (at least in such chaotic, opaque procedure) hehe.
  • #93,353
  • Jan 20, 2019 5:09pm Jan 20, 2019 5:09pm
Quoting kain775
{quote} I can't believe you're still focused on all these "false signals". when the markets open TAKE THE TDI off your charts and start posting price actions setups you see. If they are not correct in the first place TDI is COMPLETELY USELESS. TDI confirms price action setups, You seem to literally believe every time the TDI gives a signal it's time to trade. ITS NOT. It's only right to trade when the price action is in order. and until you improve your price action. TDI will continue to f**k you up the arse. Again and again and again....
What do you mean by Price Action - there is a lot of theory in Price Action. I use TDI / Stoch for momentum, sentiment etc. I think its a great indicator - it tells you which pairs are moving. Yes you can tell from looking at Price Action.

I agree in principle don't take every TDI setup. There are some good statements made by senior traders, which i have personally tried, which
stop me from getting into Bad Trades.

IMO - Momentum is one of the key's to this puzzle. I was confused with backtesting TDI - lots of different versions, confusion about how its updated etc. You should first find a way to convince yourself that your back testing methodology of the indicators you plan to use work. I think looking at previous charts and drawing crossover lines was misleading for me. I have found a way to backtest with the TDI_RT indicator and using a simulator which works for me.

Using this technique, every weekend, i sit at my computer and run the simulation as if its happening live. See what i missed, see what i did correctly. Understand what i can do better.
  • #93,354
  • Jan 20, 2019 5:57pm Jan 20, 2019 5:57pm
Quoting Alex1055
{quote} If you are profitable,of course,what are you thinking?
to answer your question:

I am thinking of FX Blue Live
https://www.fxblue.com/live/
where I have my trading accounts linked.

well, you still have not answered my questions.

Yes, I read what you want. Tell me what you want to see in detailed statement and what do you want to do with detailed statement?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,355
  • Jan 20, 2019 6:02pm Jan 20, 2019 6:02pm
DE30 Week 04 Jan 21 to 25

Daily chart with Weekly view:

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Week 04 Jan 21 WeekOpen.png Size: 65 KB


with a Weekly breakout and a rather strong Daily closed last Friday, some may look to trade a possible correction.

M15 chart:
Where and When to trade?

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Week 04 Jan 21 M15 correction.png Size: 54 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,356
  • Jan 20, 2019 6:47pm Jan 20, 2019 6:47pm
Quoting stevepatt
The Charts below are referenced in these Posts by Eelfranz. Post #954 Post #1,073 Post #127 The TDI is far too sensitive to Price Movement. I could never understand why Big E continued to put so much faith in Indicators when he obviously had the knowledge to Trade without relying on them. If you Trade using the TDI...

Hi Steve,


Another excellent post. Lots of screen time spent over many years since 2011. That's 10,000 hours easily.

Reading Big E last few posts, he did mentioned that he can trade without the TDI and Stohastics. That was around mid 2011 and sadly he fell very ill and he went offline after Dec that year. Knowing his honesty and being open-minded to tweaking and testing other systems/methods, etc. he would have progressed and moved on if he was trading in the past 7 years.

Thanks for sharing and guiding us here and in keeping the learning journey going.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,357
  • Jan 20, 2019 8:14pm Jan 20, 2019 8:14pm
Quoting lddd
{quote} The TDI from Post #25 should also only update after bar close. I am using this one and never noticed any live reaction during a bar/candle is forming.

Yes. That is correct. That TDI Red Green version i Post#25 will print only after the last price bar close. And it does more than that.

It re-paints the history when the charts get refreshed.

Therefore what you see in history charts is not exactly what you see in live market condition.

You can only trade with that TDI version in live market and when you are forward testing.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,358
  • Edited 11:56pm Jan 20, 2019 11:42pm | Edited 11:56pm
Quoting Divergence
{quote} if you have to ask then thats the problem
There is a difference between explain profitable and you see as profitable. No wonder you saw a contradiction where none were.
- Never claimed that I am profitable.
When I don't follow my own method this happen
Attached Image (click to enlarge)
Click to Enlarge Name: save.PNG Size: 23 KB

- Now I have a method that does works for me.
When I do follow my own method this happens.
Attached Image (click to enlarge)
Click to Enlarge Name: 1612019Dinsdag say.PNG Size: 202 KB

Have a nice day Div.
  • #93,359
  • Jan 21, 2019 1:19am Jan 21, 2019 1:19am
GBP/USD M30/M1 Long Trade

I've used the MTF TDI set to M30 and the 5EMA Shift 2 set to M30
Attached Image (click to enlarge)
Click to Enlarge Name: 21st Jan 19 GBP:USD M30:M1 Long Trade 2.png Size: 147 KB
  • #93,360
  • Jan 21, 2019 1:28am Jan 21, 2019 1:28am
Quoting stevepatt
GBP/USD M30/M1 Long Trade I've used the MTF TDI set to M30 and the 5EMA Shift 2 set to M30 {image}
Steve
Don't know TDI MTF you use or how long. Have found with out refreshing chart (a fast flip between time frames) the MTF sort of start to display the crossover wrong. Only noticed it happens after two days with out a chart refresh.
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