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Trading Made Simple

  • #93,401
  • Jan 21, 2019 3:38pm Jan 21, 2019 3:38pm
Quoting Divergence
{quote} so you ask question a third time i gave you a hint with last post i guess you need me to spoon feed you. MAKING MONEY CONSISTENTLY
absolute true.why will you deposit money and lost it to your broker and claim we are not here for profit?any one who is not here for profit should keep to a demo account simple.
pbfx
we lead other follow
  • #93,402
  • Edited 4:11pm Jan 21, 2019 3:45pm | Edited 4:11pm
forex is a very serious business for me i do not know about you.we get better learning from each other not fighting against each other while the brokers get richer with our money.TEAM
T-TOGETHER
E-EACH
A-ACHIEVE
M-MORE
TEAM- TOGETHER EACH ACHIEVE MORE.

pbfx
we lead other follow
  • #93,403
  • Edited 4:48pm Jan 21, 2019 4:06pm | Edited 4:48pm
Quoting Tekkies
What is EXACTLY considered to be as "consolidation area" here?
Attached Image
From what market and time frame you took that picture @Tekkies? I can see what is consolidation on it. But the M15 charts i posted earlier for EUR/USD as well as for GBP/USD are looking complete different... And this is where you told me that they are in consolidation.

Also i don't use regular candle sticks. I use the template that has been posted by BigE using HA candles including the indicators from post #25. Even if you don't trade with the tools given, maybe you could at least use them so we have the same picture. Otherwise trying to compare things will be difficult.

Ok, so we have this consolidation area. Now how do you want to make sure if you get a TDI signal at the end of such period is no longer consolidation? Its easy to see here because this is hindsight trading. On the right side of the chart you won't have any information normally...

Also if price really breaks out of such consolidation period you normally don't get any TDI cross until the next bigger move is over again.

So the only option you have is to trade either by taking a setup at the beginning of a consolidation period (which you cannot forecast) or with the end of such consolidation period (which you cannot forecast again). See the problematic?

Maybe this picture will make it more clear to you of what i mean

Attached Image (click to enlarge)
Click to Enlarge Name: consolidation.jpg Size: 97 KB
  • #93,404
  • Jan 21, 2019 6:13pm Jan 21, 2019 6:13pm
Quoting emmanuel7788
{quote} DE30 Jan 21 London session lets observe what price will do as it near a previous price action PPA zone... {image}
DE30 update Jan 22 Tokyo 0900

let's review what price did at that last PPA zone,

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Week 04 M15 Jan 21 PPA.png Size: 51 KB


Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Week 04 M15 Jan 22 TOK0900.png Size: 58 KB


Note: yesterday D1 closed an inside bar. That is consolidation. Will it breakout today? We shall see later just after Tokyo sushi time.
Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Week 04 Jan 22 D1 TOK 0900.png Size: 38 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,405
  • Jan 21, 2019 6:28pm Jan 21, 2019 6:28pm
Quoting emmanuel7788
Price Action, price action, price action, price action, ........ {image} comparing TDI Red Green (thick lines) with TDI RT realtime (thinner line)
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Jan 21 H1 LO candle.png Size: 35 KB


GBPUSD Week 04 Jan 22 H1 update:

When we spend too much time looking at the TDI and comparing , what did we missed yesterday?

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Week 04 Jan 22 H1 update 0922.png Size: 49 KB


Better have a Plan A and a Plan B when trading H1.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,406
  • Jan 21, 2019 6:36pm Jan 21, 2019 6:36pm
Quoting contod
new here, does this strategy still work?

YES. Simple methods do work when you have the knowledge, experience, ....... plus a proven Money Management Strategy, plus Mental Strategy and the DISCIPLINE.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,407
  • Jan 21, 2019 6:43pm Jan 21, 2019 6:43pm
Quoting Divergence
{quote} First off i dont have strings of losses that would not be profitable thats why your not profitable. secondly i trade 4 days a week 1 hour a day and if i only have 1 trade for 25 ticks i make 750 dollars. Trading is all about making money consistently otherwise you cant trade for a living

Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,408
  • Jan 21, 2019 6:54pm Jan 21, 2019 6:54pm
Quoting Tekkies
{quote} How close am I to the previous high or lo - Previous high or low of what? ???? I understood that he referred to the HA bar on the chart or do you use line chart - The last candles high/low for the M15 chart i want to trade on? The H1, the H4, the Daily, the Weekly, the Monthly...? What time frame did BigE trade on. Have you read what he posted (you would have taken note) he got all the information from the timeframe he trade on. In plain English it means the last candle high /low on the chart you want to enter a trade. What is EXACTLY considered...
CONSOLIDATION

we need to go higher to see farther
Attached Image
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,409
  • Jan 21, 2019 9:16pm Jan 21, 2019 9:16pm
Quoting Divergence
{quote} First off i dont have strings of losses that would not be profitable thats why your not profitable. secondly i trade 4 days a week 1 hour a day and if i only have 1 trade for 25 ticks i make 750 dollars. Trading is all about making money consistently otherwise you cant trade for a living
Why do you have to make it personal Div?
Why do you have to brag / boost your deflated ego in public with self proclaimed profit's whether it is true or not is irrelevant. Most of your post's are malignant when you do post here. Why is that so?
---------------
Back to trading.
How do you achieve "consistently" in the market. You posted here so tell the members in detail here.
(don't tell members to go and read your post's in Trade the Plan)
  • #93,410
  • Edited 10:42pm Jan 21, 2019 10:12pm | Edited 10:42pm
Quoting lddd
{quote} From what market and time frame you took that picture @Tekkies?
Post 93,123. Post 93,133
Which confused Emmanuel with a very nice "malignant" Post 93,183
Which have been explained in Post 93,190 trying to get a member to focus on trading. Were he try to justify his Post 93,193 with more negativity which lead to some trade talk. The end of the saga was Post 93,199
Do you recognize the candle formation?
---------------
Iddd I don't know you and this is not meant to be mean. You have a problem. (Hope a reader can help with this one) You have difficulty to connect the dot's with the crosses.
You see the crossover with the correct price action and somehow you don't know what to do with that information. You end up being more unsure then when you have started.
(assumption made on you asking where picture was taken, you looked at the same chart Friday and somehow you did not recognized that candle pattern. "Hey I remember that candle let me scroll back a little bit.)
-----
As to that chart you posted. You talk about TDI and expect me to visualize how TDI will look on that chart. Not that good, so I won't try to give an option.
  • #93,411
  • Edited 10:53pm Jan 21, 2019 10:42pm | Edited 10:53pm
Quoting lddd
{quote} 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...


Regarding your question on Price Action I agree that it has not been discussed in adequate detail by the author. Price action is the technical analysis of price [who is strong right now, who is weak, when does one overpower the over, where is there support, where is there resistance, what are the candles telling me about who is strong and who is weak]


On a side note - You always ask a lot of questions Iddd

nothing wrong with asking questions, but considering this is a free forum and no one is getting paid to answer these walls of questions, it might be wise to not overload people and pick your question more carefully. This is something I learned pretty fast around here. It takes you 10 seconds to type out a question. It takes the person you ask a lot longer to formulate a decent reply. Is it really going to help/improve your trading by asking why alerts don't work? ...most of these question you are asking me here will not improve your trading if i spend my time answering it.

I am juggling other commitments in life. I cannot cope with answering 1 question and having 8 fired back each time.
If you truly need to ask all these questions then forexfactory is not for you, you need 1 on 1 paid mentorship to get all your questions answered ..and that is not me being an ass, that is me being real.

Not every kid is going to get an A grade for a test.
Some will get it, some won't
some will need extra 1 on 1 paid tuition outside of class

Think of forexfactory like a class. A class where your teacher ain't even getting paid. A class where your teacher is writing a reply whilst the baby is screaming in the background and the TV is blaring on in the living room. A class where you're essentially looking at second hand notes because you can't actually see what the teacher is doing in real time [analysing the markets] because uploading a video explaining it is too much effort for him.

Only the students who put an obscene amount of time/effort and do a lot of work off their own backs [or are extremely talented] are going to graduate in such an environment.

I remember someone asking you in the m30 TMS thread if you had read the whole thread and you replied that you are not doing that as it's too much work. That is not the right mindset to have.

Did you study lastingwells thread/posts on MTF like I recommended you some time back?
Knowing your mindset, probably not..

Often in life you get out what you put in. If you're not willing to put in the work you're not gonna make it. No one is going to constantly spoonfeed you on a free forum.
  • #93,412
  • Edited 10:58pm Jan 21, 2019 10:44pm | Edited 10:58pm
Quoting emmanuel7788
{quote} DE30 update Jan 22 Tokyo 0900 let's review what price did at that last PPA zone, {image} {image} Note: yesterday D1 closed an inside bar. That is consolidation. Will it breakout today? We shall see later just after Tokyo sushi time. {image}
Early bird caught the worm?
Why do you say breakout today. H4 and D1 is showing continuation of a downtrend.
Attached Image (click to enlarge)
Click to Enlarge Name: 2112019Dinsdag eerste.PNG Size: 49 KB
  • #93,413
  • Jan 21, 2019 10:51pm Jan 21, 2019 10:51pm
Quoting AkronD
{quote} 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...


Hi, in my latest post to iddd I mentioned what I mean by price action. I will copy and paste it "Price action is the technical analysis of price [who is strong right now, who is weak, when does one overpower the over, where is there support, where is there resistance, what are the candles telling me about who is strong and who is weak]"


A lot of the time he is trading against strength [counter trend trading] without adequate signs that it may be probable to trade the other way
  • #93,414
  • Jan 21, 2019 11:21pm Jan 21, 2019 11:21pm
Quoting Tekkies
{quote} Why do you have to make it personal Div? Why do you have to brag / boost your deflated ego in public with self proclaimed profit's whether it is true or not is irrelevant. Most of your post's are malignant when you do post here. Why is that so? --------------- Back to trading. How do you achieve "consistently" in the market. You posted here so tell the members in detail here. (don't tell members to go and read your post's in Trade the Plan)
It's not boasting when you ask me. when you post that your not profitable why give newbies answers on how to become profitable it's not personal just looking out for the newbies. Now the way to become consistent is to locate where supply or demand has cone into the market
  • #93,415
  • Jan 21, 2019 11:48pm Jan 21, 2019 11:48pm
Quoting Divergence
{quote} It's not boasting when you ask me. when you post that your not profitable why give newbies answers on how to become profitable it's not personal just looking out for the newbies. Now the way to become consistent is to locate where supply or demand has cone into the market
Did the newbies asked you? Is the advice given against BigE's advice. Will leave it at that.
-----------
You say you look out for newbies. Your response :where supply or demand come into the market is as vague as buy when it goes up, sell when it goes down.
How is that going to help a newbie?
Where is a detailed chart like what Steve or Emmanuel post, where is the detail explanation for that chart.
--------
Read your posts it is negativity most of the time. Against this method, BigE..................
  • #93,416
  • Jan 22, 2019 2:11am Jan 22, 2019 2:11am
Quoting Tekkies
{quote} Early bird caught the worm? Why do you say breakout today. H4 and D1 is showing continuation of a downtrend. {image}

Again you got lucky today. Price gaps always give false TDI signals. In this case the gap down and you sold and got lucky. No wonder you are not consistent profitable when you reply on luck.

I did not say breakout today. You lied again.



Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies DE30 price gap 22-01-2019 16-02-19.png Size: 569 KB



<>H4 and D1 is showing continuation of a downtrend<> ... LOL.

Do you understand this picture below?

Attached Image (click to enlarge)
Click to Enlarge Name: Market_trends and picking tops and bottoms.jpg Size: 99 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,417
  • Jan 22, 2019 2:17am Jan 22, 2019 2:17am
Quoting Tekkies
{quote} Early bird caught the worm? Why do you say breakout today. H4 and D1 is showing continuation of a downtrend. {image}

Early bird caught the worm? Sure!

But the second mouse will enjoy the cheese... in trading those who are the mouse will enjoy CONSISTENCY in profits.

Attached Image (click to enlarge)
Click to Enlarge Name: early bird second mouse.png Size: 623 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,418
  • Jan 22, 2019 2:25am Jan 22, 2019 2:25am
Quoting emmanuel7788
{quote} Again you got lucky today. Price gaps always give false TDI signals. In this case the gap down and you sold and got lucky. No wonder you are not consistent profitable when you reply on luck. I did not say breakout today. You lied again. {image} <>H4 and D1 is showing continuation of a downtrend<> ... LOL. Do you understand this picture below? {image}
Attached Image

Will leave it at that, shall we?
Why the negativity emmanuel? Why the floating man? Why always the constant degrading post's.
Are you afraid that my chart's are starting to show that this method and the advice BigE gave has some merit?
  • #93,419
  • Jan 22, 2019 2:47am Jan 22, 2019 2:47am
Quoting Tekkies
{quote} {image} Will leave it at that, shall we? Why the negativity emmanuel? Why the floating man? Why always the constant degrading post's. Are you afraid that my chart's are starting to show that this method and the advice BigE gave has some merit?

Look carefully at my D1 chart again and pay attention to details.
Did you see the gap between yesterday Close and today's Open?
You open sell after the gap down and you got lucky following blindly the TDI.

Mine was a question: Will it breakout today? We shall see later just after Tokyo sushi time.

You find my post negative, well it is giving you a taste of your own medicine.
Levitation man is fake and that is dishonesty.
Your charts show nothing close to TMS 5-Method which is what the OP shared and you did not trade his method the way it as laid out. Be honest. Don;t tell me that is how you interpret Post#647 your frequently used disclaimer.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #93,420
  • Jan 22, 2019 2:55am Jan 22, 2019 2:55am
Quoting Tekkies
{quote} Early bird caught the worm? Why do you say breakout today. H4 and D1 is showing continuation of a downtrend. {image}

@Tekkies,

your entries are too late, the cheese are all taken and digested by the second mouse.

of course, you are an early bird and you were sleeping at that hour. You do not know when I first use the term early bird catches the worm, I was referring to trading the Asian early morning session.

Go and read the old thread and learn what Big E knows from NFF reversal candles and how he apply that to his 5-Method.

Those reversal candles setup appears very often and you need to look at recent swings and support/resistance.

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Week 04 Jan 22 M15 reversal candle setup.png Size: 60 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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