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Trading Made Simple

  • #94,181
  • Feb 20, 2019 3:02am Feb 20, 2019 3:02am
Quoting realjumper
{quote} Don't start. Go about your trades and leave Tekkies alone
@RJ,

But he is disrespecting Eric wishes and not posting TMS 5-Method trades but his M15H1 method and using his Renko chart trading and posting only what looks TSm and Post#647.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,182
  • Feb 20, 2019 3:04am Feb 20, 2019 3:04am
Quoting emmanuel7788
{quote} @RJ, But he is disrespecting Eric wishes and not posting TMS 5-Method trades but his M15H1 method and using his Renko chart trading and posting only what looks TSm and Post#647.

Grow up Emmanuel. Telling tales is something you should have grown out of about 60 years ago.

Ignore Tekkies and go about you business, for the sake of this thread and others learning.

Thank you
Doing what you like is Freedom. Liking what you do is Happiness.
  • #94,183
  • Feb 20, 2019 3:09am Feb 20, 2019 3:09am
DE30 Feb 20 M15 and H1 charts

when I look at M15 chart, there ae always some noise seen with price pull back and colour change in the HA candle.

But on H1 like today, the 'noise' is not there and the use of the HA candles can help us filter those low timeframe noise.

Big E was right in using the APB/HA candle is his 5-Method trading.

In his post#2617, he mentioned about stripping his chart of all things including the Stcoh and the TDI, and taking clean trades would be a breeze. He did not specifically mention stripping the HA candles, or I missed that?
https://www.forexfactory.com/showthr...18#post4619118

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Feb 20 M15 and H1 20-02-2019 17-02-37.png Size: 77 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,184
  • Feb 20, 2019 3:12am Feb 20, 2019 3:12am
Quoting realjumper
{quote} Grow up Emmanuel. Telling tales is something you should have grown out of about 60 years ago. Ignore Tekkies and go about you business, for the sake of this thread and others learning. Thank you

again I give you a .

I am grown up here after 7 years and I hate seeing someone new hijack this thread and posting his own method which is not TMS.

I still post TMS charts and explain other things about trading in general to help others here.

According to you, it is disrespecting Eric wishes in his thread. Am I missing something?

Do you have double standards?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,185
  • Feb 20, 2019 3:17am Feb 20, 2019 3:17am
Quoting emmanuel7788
{quote} again I give you a . I am grown up here after 7 years and I hate seeing someone new hijack this thread and posting his own method which is not TMS. I still post TMS charts and explain other things about trading in general to help others here. According to you, it is disrespecting Eric wishes in his thread. Am I missing something? Do you have double standards?
I could go into detail about your Inside bars, outside bars, mother bars, pop guns, steam valves and all manner of other nonsense that YOU have posted here in Eric thread. So don't try to take the moral high ground here sunshine.

I'm not going to argue and bicker with you or anyone else. Ignore Tekkies and post your trades.

Just stop it.

I WILL fire a barrage of emails off to Twee, make no mistake.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #94,186
  • Feb 20, 2019 3:26am Feb 20, 2019 3:26am
Quoting realjumper
{quote} I could go into detail about your Inside bars, outside bars, mother bars, pop guns, steam valves and all manner of other nonsense that YOU have posted here in Eric thread. So don't try to take the moral high ground here sunshine. I'm not going to argue and bicker with you or anyone else. Ignore Tekkies and post your trades. Just stop it. I WILL fire a barrage of emails off to Twee, make no mistake.

@RJ,

Well, please do so and I can explain all over again about those:
detail about your Inside bars, outside bars, mother bars, pop guns, steam valves and all manner of other nonsense that YOU have posted here in Eric thread

those are things which I used to make Post#647 simpler and clearer remove the subjectivity in Post#647. I am sure Eric being a learning person would approve if he seen its effectiveness. To you maybe nonsense, but to many others, they see value.

How close am I to the previous high or lo

Am I in an uptrend or downtrend.. short & long term...

Am I in or close to a consolidation area

Are the previous candles small...

Look at the candles on the last reversal... big, little, what

How does the momentum look right now (12-2, 4-6)

it would be easy of I mention for example there is a Master Candle which indicator consolidation area.
Steam engine safety valve analogy has a different story on Money Management, when to cut loss and not let Margin Call.


I don't impose these on people. I know many adopted what I shared here.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,187
  • Feb 20, 2019 3:54am Feb 20, 2019 3:54am
ABP or Candle bar.
Difference can been seen on the chart's.
- Prefer to see what price is doing during the open bar.
- Like to see the true length of the wick, the real size of the bar.
Reading the claim that all indicators are lagging. Can it be possible that HA is lagging price as well?
M15
- Green cross red with a angle below 5
- Stoch confirm direction
Attached Image (click to enlarge)
Click to Enlarge Name: 20022019Woensdag deurmekaar.PNG Size: 58 KB
  • #94,188
  • Feb 20, 2019 4:22am Feb 20, 2019 4:22am
Quoting Tekkies
ABP or Candle bar. Difference can been seen on the chart's. - Prefer to see what price is doing during the open bar. - Like to see the true length of the wick, the real size of the bar. Reading the claim that all indicators are lagging. Can it be possible that HA is lagging price as well? M15 - Green cross red with a angle below 5 - Stoch confirm direction {image}

And you are missing one of Big E secrets from his old thread.

It is the reversal candle selection. And that uses the APB/HA candles which make it simple and easy to see.

Oscillators are lagging price. That is technically correct and is fact. No argument about that. Not just any mindless claims.

But the APB/HA candles are dynamic like the price. Also another fact. It does not repaint once the price has closed.

You did not pick the best setup which one of its condition is the reversal candle.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,189
  • Feb 20, 2019 4:35am Feb 20, 2019 4:35am
Quoting emmanuel7788
{quote} And you are missing one of Big E secrets from his old thread. It is the reversal candle selection. And that uses the APB/HA candles which make it simple and easy to see. Oscillators are lagging price. That is technically correct and is fact. No argument about that. Not just any mindless claims. But the APB/HA candles are dynamic like the price. Also another fact. It does not repaint once the price has closed. You did not pick the best setup which one of its condition is the reversal candle.
What part don't you understand Emmanuel?
Post 94,185: Ignore Tekkies and post your trades.
or
Post 93,653: Say again I don't need your comments or advice.
  • #94,190
  • Feb 20, 2019 5:00am Feb 20, 2019 5:00am
Quoting Tekkies
{quote} What part don't you understand Emmanuel? Post 94,185: Ignore Tekkies and post your trades. or Post 93,653: Say again I don't need your comments or advice.
My post was not directed at you although I quoted your post.

If I reply direct at you I often use "@Tekkies".

My posts and comments are for all following this thread to learn from my experience which I learned from Big E's old thread.

If you do not like my posts here, you can open your own thread and you will have full control.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,191
  • Feb 20, 2019 5:09am Feb 20, 2019 5:09am
Quoting emmanuel7788
{quote} My post was not directed at you although I quoted your post.

Yea right
You did not pick the best setup which one of its condition is the reversal candle.
  • #94,192
  • Feb 20, 2019 5:13am Feb 20, 2019 5:13am
More about reversal candles from the old thread.

remember the basics of Big E TMS 5-method whcih started in his old thread.

do not be fixated to trade by looking at using reversal candles.

the original setup candles are still one of the safest setups to trade. They are conservative but with proper risk and money management using position sizing, you will find many trades and can achieve win rates of 45% to 55%.


Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Feb 20 reversal candle examples 20-02-2019 19-03-57.png Size: 51 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,193
  • Feb 20, 2019 5:15am Feb 20, 2019 5:15am
Quoting Tekkies
{quote} Yea right You did not pick the best setup which one of its condition is the reversal candle.

Ooops!

Should have use 'He' did not pick the best setup ...

Ok. Next time will be correct.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,194
  • Feb 20, 2019 5:22am Feb 20, 2019 5:22am
ignore
Dictionary result for ignore

  1. refuse to take notice of or acknowledge; disregard intentionally.
    "he ignored her outraged question"
    synonyms:disregard, take no notice of, pay no attention to, pay no heed to, pass over, shut one's eyes to, be oblivious to, turn a blind eye to, turn a deaf ear to, brush aside, shrug off, push aside, never mind

  • #94,195
  • Feb 20, 2019 5:25am Feb 20, 2019 5:25am
An old post on How to pick a true REVERSAL CANDLE

"How to Spot a True Reversal(Checklist)" pdf click to download from the old thread where Big E started trading as a newbie.

You just need to adapt what described in the pdf to your TMS 5-Method trading chart template.
The same clock face angle 12-2 and 4-6 are use fo bullish and bearish reversal.

Remember, Big E blended two systems into one ... his 5-Method.

Anyone with problem to understand and apply that checklist can always posts and ask questions. I am here to share and help you.

Have Fun, the learning never ends.

There is also a video, give me some time and I will find it.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,196
  • Feb 20, 2019 5:27am Feb 20, 2019 5:27am
I just ignored post#94,194 above. Emotional behaviour and not trading related.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,197
  • Feb 20, 2019 5:30am Feb 20, 2019 5:30am
Video on reversal candles trading:

Old post link below:

https://www.forexfactory.com/showthr...9#post11849379
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,198
  • Feb 20, 2019 5:34am Feb 20, 2019 5:34am
DE30 Feb 20 possible trade setup entry

If you are trading the H4 with Daily and Weekly view,

here is one possible M15 entry.

I have two open positions now on Daily and Weekly.

Caution is NY Open later. If London is trending, then I look for also same trending setups during NY session.

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Feb 20 M15 possible entry 20-02-2019 19-31-04.png Size: 39 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,199
  • Feb 20, 2019 6:35am Feb 20, 2019 6:35am
Quoting emmanuel7788
DE30 Feb 20 possible trade setup entry If you are trading the H4 with Daily and Weekly view, here is one possible M15 entry. I have two open positions now on Daily and Weekly. Caution is NY Open later. If London is trending, then I look for also same trending setups during NY session. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Feb 20 M15 possible entry 20-02-2019 19-31-04.png Size: 39 KB


DE30 Feb 20 M15 trade management

If you had taken a buy entry at the 2nd candle, it is slow moving and I would lock the trade at entry price and place exit TP1 and TP2 at the two resistance levels above.

My bedtime now.

Goodnight!


Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Feb 20 M15 setup 2030.png Size: 40 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,200
  • Feb 20, 2019 4:36pm Feb 20, 2019 4:36pm
Quoting emmanuel7788
{quote} {image} DE30 Feb 20 M15 trade management If you had taken a buy entry at the 2nd candle, it is slow moving and I would lock the trade at entry price and place exit TP1 and TP2 at the two resistance levels above. My bedtime now. Goodnight! {image}
Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Feb 20 M15 setup 2030.png Size: 40 KB


DE30 Feb 20 M15 Update and POMO

What happened when NY Open?

Those who moved their stop loss to entry price to protect trading capital, they all probably got stopped out.

After that, there were re-entry opportunities.

1st there was a classic 5bar swing high entry (see old thread)

2nd there was a H4 Inside Bar consolidation area breakout

the above re-entry were following H4 which. Daily and Weekly remains in buy mode.

Simple price action trading decisions.

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Feb 20 M15 POMO 21-02-2019 01-03-11.png Size: 73 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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