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Trading Made Simple

  • #94,041
  • Feb 18, 2019 2:40am Feb 18, 2019 2:40am
Quoting kain775
{quote} cheers, will take a look at the pfd later. btw where is stop loss for wrb trades? 2 bar lookback ...or high of the wrb [assuming going short]

use the WRB high low to place the initial stop loss when your take the breakout trade.

or check what the recent ADR 10 days and compare the two. One will be larger than the other.

the larger the initial SL the smaller your position size.

but when you trade within the WRB high-low range, look at the recent swing high / low and check the ADR(10).

2 bar lookback is good when you are in a trending move.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,042
  • Feb 18, 2019 2:53am Feb 18, 2019 2:53am
Quoting Tekkies
{quote} Emmanuel You can say what you want. You yourself stated that all indicators are lagging. Price Action / Naked Trading does not require indicator's. When a trader use indicators to confirm something then it only show he does not trust his own price action analyzing. He needs visuele conformation. What Divergence wrote is follow the long term trend from a higher time frame like H4 or D1. That way will be the same as HH, HL or LL, LH on the lower time frame. This statement: "price action we do not need that TDI Green cross Red" confirm that...

@Tekkies,

Looking at your M15 and H1 charts,

you got lucky today picking tops. so you post cherry picked trades which are at BE already.


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looking at more chart timeframes, M1 and M5 looks good on hindsight. Do you need Renko chart? I don't think so.
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,043
  • Feb 18, 2019 2:59am Feb 18, 2019 2:59am
Quoting emmanuel7788
{quote} @Tekkies, What I said in the context of this thread is those two indicators Stochastics and TDI are both lagging the price and its price action. This is fact because both indicators calculates using the real close prices. Hence lagging. The traders' ability to read price and its action is leading edge over waiting for these two lagging indicators to show the signals. Simple price action patterns will show when there is price momentum. Read again what Diveregnce wrote above. He wrote: True naked traders can just look at a chart and see which...
From that very same post:
follow the simple entry & exit rules. Forget other indicators. I went down those roads so you wouldn't have too...
Post 1,718
Dyekid217... Good analysis buddy...

I get a little frustrated when people keep adding stuff and then posting it on the forum. I repeatedly ask others to PM others on the thread with the new ideas and not posting them. At least PM me with their ideas...
The main entry rule is: green crossing red on the TDI within the first 2 candles for an entry...
I don't care what the red TDI line is doing.
Did Stoch's confirm the TDI signal between the 20-80 lines...?
The 12-2 and 4-6 is for the TDI and not the 5ema... that would just be a bonus...
If you meet the TDI entry rule it doesn't much matter where the 5 ema is in relation to the 1st two candles...
All this extra crap does nothing but confuse other traders and their success rate drops and they can't figure out why...
Everyone - Please stop adding anything... stick to the SIMPLE BASIC RULES.
That's what makes it work !

  • #94,044
  • Feb 18, 2019 3:13am Feb 18, 2019 3:13am
Quoting emmanuel7788
{quote} @Tekkies, Looking at your M15 and H1 charts, you got lucky today picking tops. so you post cherry picked trades which are at BE already. {image} looking at more chart timeframes, M1 and M5 looks good on hindsight. Do you need Renko chart? I don't think so. {image}
Got stuck in a rut Emmanuel?
How many times are you going to use the word's: "you got lucky"?
Now you call the angle of green: "tops'
First it was: Predictive TDI, then margintal, then Renko, now top's.

TDI green cross red does work. You don't like it. Who care's
Attached Image


This thread is about TMS with TDI green cross red. Not the stuff you post.
All this extra crap does nothing but confuse other traders and their success rate drops and they can't figure out why...
  • #94,045
  • Feb 18, 2019 3:34am Feb 18, 2019 3:34am
Quoting Tekkies
{quote} From that very same post: follow the simple entry & exit rules. Forget other indicators. I went down those roads so you wouldn't have too... Post 1,718 Dyekid217... Good analysis buddy... I get a little frustrated when people keep adding stuff and then posting it on the forum. I repeatedly ask others to PM others on the thread with the new ideas and not posting them. At least PM me with their ideas... The main entry rule is: green crossing red on the TDI within...

@Tekkies,

and you conveniently ignore this parts of Post#261:

HA Candles are important because it makes your trading way less stressful... use them.

Stoch's is nothing but confirmation. If Stoch's & the TDI give different signals... lights flash off and on warning me to take a closer look before entering.. and usually I look for another trade.

5 ema... shows direction currently... only wanting to enter on candle 1 or two. If there is a reversal do I have a TDI signal to enter... if not and all looks strong then enter on candle 2... use some discretion... practice on Demo... take some chances and see if yor head computer was right... it's free.

HA Candles... What are their size? If they are small I will usually go find another set up... Look for consolidation... look for how close PA is to supp/res levels... use your brain !

just because you want to promote and sell your M15H1 Method here in this thread.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,046
  • Feb 18, 2019 3:47am Feb 18, 2019 3:47am
Quoting Tekkies
{quote} Got stuck in a rut Emmanuel? How many times are you going to use the word's: "you got lucky"? Now you call the angle of green: "tops' First it was: Predictive TDI, then margintal, then Renko, now top's. TDI green cross red does work. You don't like it. Who care's {image} This thread is about TMS with TDI green cross red. Not the stuff you post. All this extra crap does nothing but confuse other traders and their success rate drops and they can't figure out why...

@Tekkies,

Exactly, what your wrote:

This thread is about TMS 5-Method and not the stuff you been posting... your own M15H1 Method trying to jump into the market early with M15 before the H1 signals. It is about Big E's trading the H4 charts using his local 10pm , 2am and 6am H4 candle time and trading H1 during the NY session.

The same nonsense you have been posting in this thread for long time which are not TMS 5-Method. You only post what looks like TDI trades with Post#647 as your disclaimer.

You have been picking tops and bottoms using other methods and you have admitted that you are not making money and have not been consistent in your trading and not profitable.

You claimed to use the TDI version like in Post#25 but your charts look different every time I check your entry prices.

We all know you trade with Renko expert advisor which you posted in other threads. I know how those trades were placed using Renko chart brick. Just tell us the Renko charts parameter you use, if that is 2 minutes and what is the brick size in pips.

Of course the TDI Green cross Red work when we look at charts in hindsight.

Stop lying here. You have been exposed by members.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,047
  • Feb 18, 2019 4:06am Feb 18, 2019 4:06am
Quoting emmanuel7788
{quote} @Tekkies, and you conveniently ignore this parts of Post#261: HA Candles are important because it makes your trading way less stressful... use them. Stoch's is nothing but confirmation. If Stoch's & the TDI give different signals... lights flash off and on warning me to take a closer look before entering.. and usually I look for another trade. 5 ema... shows direction currently... only wanting to enter on candle 1 or two. If there is a reversal do I have a TDI signal to enter... if not and all looks strong then enter on candle 2... use some...
Here we go again.
Promote? Nope. Wait, yes I do promote M15H1.
Why?
It use TDI green cross red.
- It is based on the advice given from BigE in this thread.
- It use the angle of both TDI green to entery a trade.
- It use Stoch to confirm the direction of the angle of green
- H1 prevent trader's from taking false TDI crossover's on M15.
- It has only two indicators on the chart that support and confirm each other.
- It use the rules from post#647.
- It simple and easy to trade with.
----
HA Candles are important because it makes your trading way less stressful... use them.
(BigE had a heart condition, meaning stress is a no no. Maybe that is way he used HA Candles. (Would never know))
The other point's highlighted in yellow can also be found in post#647
There is not much difference between HA candle and Candle chart(Alt+2)


How do you sell something on ForexFactory when the whole method has been explained in detail with lot's of chart's posted. Does not make sense.
  • #94,048
  • Feb 18, 2019 4:50am Feb 18, 2019 4:50am
Quoting emmanuel7788
{quote} use the WRB high low to place the initial stop loss when your take the breakout trade. or check what the recent ADR 10 days and compare the two. One will be larger than the other. the larger the initial SL the smaller your position size. but when you trade within the WRB high-low range, look at the recent swing high / low and check the ADR(10). 2 bar lookback is good when you are in a trending move.

i notice i had an adr indicator. it seems to basically be the same as atr, ...although atr can show the range of different time frames whilst adr just shows the range for a specified number of days.

considering that i am not trading on daily charts, the adr of 10 [daily] is WAY too big for a stop loss

am i interpreting you wrong or are you telling me to use daily ranges for stop loss on lower timeframes?
  • #94,049
  • Feb 18, 2019 6:34am Feb 18, 2019 6:34am
Quoting emmanuel7788
{quote} @Tekkies, Exactly, what your wrote: This thread is about TMS 5-Method and not the stuff you been posting... your own M15H1 Method trying to jump into the market early with M15 before the H1 signals. It is about Big E's trading the H4 charts using his local 10pm , 2am and 6am H4 candle time and trading H1 during the NY session. The same nonsense you have been posting in this thread for long time which are not TMS 5-Method. You only post what looks like TDI trades with Post#647 as your disclaimer. You have been picking tops and bottoms using...
I new Tekkies had no idea and is making no money in demo. Thanks for confirming.
  • #94,050
  • Feb 18, 2019 10:29am Feb 18, 2019 10:29am
Hello, friends, I have just done my first operation with this method and I hope I have learned well from your teaching, greetings and thanks. Then I will tell you how the trade ends.
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  • #94,051
  • Edited 11:34am Feb 18, 2019 10:59am | Edited 11:34am
What Divergence wrote is follow the long term trend from a higher time frame like H4 or D1. That way will be the same as HH, HL or LL, LH on the lower time frame. I did not say look at other time frames i look at the chart i am trading off of and determine the trend direction no other time frames needed. i see naked chart traders and price action traders to be the same price action off a naked chart not candlestick stuff like engulfing candles but supply and demand within the context of a trend
  • #94,052
  • Feb 18, 2019 4:31pm Feb 18, 2019 4:31pm
Quoting Divergence
What Divergence wrote is follow the long term trend from a higher time frame like H4 or D1. That way will be the same as HH, HL or LL, LH on the lower time frame. I did not say look at other time frames i look at the chart i am trading off of and determine the trend direction no other time frames needed. i see naked chart traders and price action traders to be the same price action off a naked chart not candlestick stuff like engulfing candles but supply and demand within the context of a trend

I LIKE.

fully agree, both naked traders and price action traders will see the same off naked charts what they want to see and supply and demand well that will take newbies a lot of time to learn all the trading stuff out there...

but then there are TMS traders here have read here and learned stuff such as look at the last reversal, are the candle big, small or what... which is rather subjective... then come the next thing if there is a reversal, do we have a green cross signal to enter a trade, if the Stoch and TDI give different signals go look for another trade, and the list goes on and on.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,053
  • Feb 18, 2019 4:36pm Feb 18, 2019 4:36pm
Quoting asclepius67
Hello, friends, I have just done my first operation with this method and I hope I have learned well from your teaching, greetings and thanks. Then I will tell you how the trade ends. {image}

that looks like you follow the basic rules.

did you check Daily and Weekly?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,054
  • Feb 18, 2019 4:45pm Feb 18, 2019 4:45pm
Quoting kain775
{quote} i notice i had an adr indicator. it seems to basically be the same as atr, ...although atr can show the range of different time frames whilst adr just shows the range for a specified number of days. considering that i am not trading on daily charts, the adr of 10 [daily] is WAY too big for a stop loss am i interpreting you wrong or are you telling me to use daily ranges for stop loss on lower timeframes?

yes, correct when you use the ATR on the chart timeframe that will show the ATR of that selected timeframe.

the ADR 10 days will always be based on the Daily and it will also help you see what the market condition is on Daily.

if you trade say M30, then TMS traders learned use the same approach and they look at the price swings on M30 and place their stop loss based on the recent price swing high / low.

why I use ADR-10 days is because I don't trade with single entry. I use average price entries.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,055
  • Feb 18, 2019 4:57pm Feb 18, 2019 4:57pm
Quoting emmanuel7788
{quote} I LIKE. fully agree, both naked traders and price action traders will see the same off naked charts what they want to see and supply and demand well that will take newbies a lot of time to learn all the trading stuff out there... but then there are TMS traders here have read here and learned stuff such as look at the last reversal, are the candle big, small or what... which is rather subjective... then come the next thing if there is a reversal, do we have a green cross signal to enter a trade, if the Stoch and TDI...
Yep, it is funny how you tell newbies to read those post's that say look at the last reversal, are the candle big, small are the candle big, small or what, if there is a reversal, do we have a green cross signal to enter a trade, if the Stoch and TDI give different signals go look for another trade.
How many post's did you post where you tell reader's that?
You even complain when I don't follow every rule in mute detail. See Post 94,045
Again why do you tell members to follow BigE and then you mock the very rules they should follow?

Make up your mind. Are you for BigE or against BigE.
Against BigE, go away.
For BigE, then stop being a two face wimp.
  • #94,056
  • Feb 18, 2019 5:21pm Feb 18, 2019 5:21pm
Quoting Tekkies
{quote} Yep, it is funny how you tell newbies to read those post's that say look at the last reversal, are the candle big, small are the candle big, small or what, if there is a reversal, do we have a green cross signal to enter a trade, if the Stoch and TDI give different signals go look for another trade. How many post's did you post where you tell reader's that? You even complain when I don't follow every rule in mute detail. See Post 94,045 Again why do you tell...
@Tekkies,

it is your bedtime and it has been a very long day for you trading those DE30 charts. get some sleep or else the lack of sleep will affect your judgement even more.

Make up your mind. Are you for BigE or against BigE. Against BigE, go away. For BigE, then stop being a two face wimp.

I made up my mind years ago (2011 to 2013) and at end of 2017 and decided enough of that shit green cross red... and Post#647, enough of repainting TDI shit, etc. That is why we worked and developed TMS-II and continued to work from there till now.

It is not about being For or Against Big E. It is about learning and progress with more knowledge and experience. You only came here in 2016 and you are still in your learning phase and you will one day grow up and you will know that Post#647 has no rules, it is discretionary trading.

And to put it in simple words for you: Follow Big E like when he started as a newbie in 2008. Do Not follow him blindly and trade only green cross red.

Yes, I told people to read Big E posts and learn from his posts, that is to follow his trading journey the same way Big E started trading in 2008 like all newbies coming to public forums like FF.

And you Tekkies, you lack the reading and comprehension skills. You can only pick up when told specifically written in words and not the context of what being discussed.

That Post#261 has deeper meaning when you go back and read the OP' old thread and learn from those posts and examples he shared. If you read his old thread, you will learn more on how he started as a newbie and trading other systems and what he took from other systems and blended them into new methods of his own. Like all newbie, you start there.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,057
  • Feb 18, 2019 5:44pm Feb 18, 2019 5:44pm
Quoting Tekkies
{quote} Yep, it is funny how you tell newbies to read those post's that say look at the last reversal, are the candle big, small are the candle big, small or what, if there is a reversal, do we have a green cross signal to enter a trade, if the Stoch and TDI give different signals go look for another trade. How many post's did you post where you tell reader's that? You even complain when I don't follow every rule in mute detail. See Post 94,045 Again why do you tell...

@Tekkies,

and here two of Big E posts from his old thread. And please don't tell us that the Craig Harris method. LOL.

Post#4386

Well... while the cat is away the mice do play I see...

Where are all these extra indicators coming from? This is a powerful simple system that works just like I've shown you. I remember posts where I was told that it just had to be more complicated... but it's not. Any additional templates or indicators will influence your decision making..

On the TDI I enter when green crosses red after checking out the PA, hi/lo, Stoch and then make my decision...

One chart above had 40 hours in a small channel but the TDI was pointing up a little from the 32 line... Personally I saw flashing yellow lites on the PA. Right or wrong I would'nt have entered at that time... I'd find a cleaner chart... There are lots of trades always so if you miss one... so what. Bet on the safer charts.

The reason I want you to enter when green first crosses red or when it bounces is because that's when you have momentum normally... better odds in your favor.

If you select the right chart and crossing you won't settle for 10 pips profit unless your neighbor is out front giving out free gold bars. I've taken a few like that while I was learning.

Any of you want to take over this thread? Let me know and I'll leave quietly... You got ideas... PM me and don't just tack them to the thread please... it starts to confuse others trying to learn.

That's my two cents for today...

post#2846


When you see a TDI cross that doesn't look good... start checking other timeframes for the trade... look at other templates at different timeframes... do a thorough investigation before entering any trade. If you do this faithfully your win rate will increase dramatically... If its not quite ready put it on a watch list and go back and check it every 5,15 or 30 minutes...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,058
  • Feb 18, 2019 5:53pm Feb 18, 2019 5:53pm
When you see a TDI cross that doesn't look good... start checking other timeframes for the trade... look at other templates at different timeframes... do a thorough investigation before entering any trade. If you do this faithfully your win rate will increase dramatically... If its not quite ready put it on a watch list and go back and check it every 5,15 or 30 minutes..

so important.
  • #94,059
  • Feb 18, 2019 5:53pm Feb 18, 2019 5:53pm
Quoting Tekkies
{quote} Yep, it is funny how you tell newbies to read those post's that say look at the last reversal, are the candle big, small are the candle big, small or what, if there is a reversal, do we have a green cross signal to enter a trade, if the Stoch and TDI give different signals go look for another trade. How many post's did you post where you tell reader's that? You even complain when I don't follow every rule in mute detail. See Post 94,045 Again why do you tell...

@Tekkies,

and here is one more of Big E old post:

do you what it means when Big E described price action using his phrase - 'scratching it's head"?

chart example below:
Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,060
  • Feb 18, 2019 6:04pm Feb 18, 2019 6:04pm
About Price Gap and the lagging TDI

today is yet another good example when we trade blindly following simple rules like when the green cross red,

we may get lucky on some days but not every day.

Attached Image (click to enlarge)
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that pic of human levitation is a reminder of ...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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