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Trading Made Simple

  • #94,301
  • Feb 24, 2019 11:45pm Feb 24, 2019 11:45pm
Quoting BiteFX
{quote} I have read Big E's full pdf because I am truly hungry for succes. If Fx is this simple and not complicated. Green crossing red with sto confirming direction. Or entering a bounce off the Red... Big E, so you will know in advance... I am coming for you wheel barrow... I need a gold plated one too. Thanks man
Blue.
This is not to insult you merely a question: Are you stupid?
Did you read some of the most current post's? Say the whole of last week? Did you perhaps read this Post 94,209
You type you have read BigE full.
- Do you or have you tested any of those post's (advice) on a live chart.
----------
TDI green cross red will rip account to bit's and pieces, for the simple reason not every crossover is profitable.
  • #94,302
  • Edited 12:59am Feb 25, 2019 12:49am | Edited 12:59am
Follow the rules.
- Understand Post#647.
- Look at the angle of TDI green.
Beste are those above 1 / below 5
- Look at the long term and short term trends.
Go to a higher time-frame and see if the market indicate that it will continue to go in the direction of intended trade
Do the same for a lower time-frame.
(Stoch can be of great help. You need to understand how stoch work)
Attached Image (click to enlarge)
Click to Enlarge Name: 25022019Maandag Nuwe week.PNG Size: 47 KB

One small loss.
Attached Image
  • #94,303
  • Feb 25, 2019 1:08am Feb 25, 2019 1:08am
DE30 Feb 25 Market Open

Weekend Price Gap produce fake TDI signal so give it time and let that lagging indicator settles down after many bars.

remember my levitation man picture, that is trickery involved.

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Feb 25 Price GAP Fake TDI.png Size: 214 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,304
  • Feb 25, 2019 1:12am Feb 25, 2019 1:12am
Quoting BiteFX
{quote} I have read Big E's full pdf because I am truly hungry for succes. If Fx is this simple and not complicated. Green crossing red with sto confirming direction. Or entering a bounce off the Red... Big E, so you will know in advance... I am coming for you wheel barrow... I need a gold plated one too. Thanks man
@BiteFX,

But caution, do not trade when the market is in narrow range, lots of fake crosses and bounces....

Example is today DE30,

two 4H periods where the price was trapped in narrow range. wait for the breakout or better to trade the H4 and D1 setups.

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Feb 25 M15 narrow range H4 periods.png Size: 80 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,305
  • Feb 25, 2019 1:17am Feb 25, 2019 1:17am
DE30 Feb 25 H1 breakout with good angle 60.

Note the M15 chart too.... the timing of the M15 bars/candles. and also the Stoch at the 50 level.

Two different version of the TDI shows different signals.

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Feb 25 H1 super angle 25-02-2019 15-12-26.png Size: 82 KB


Lots of things to observe and add to your knowledge databank... learn EVERYTHING!.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,306
  • Feb 25, 2019 2:29am Feb 25, 2019 2:29am
Quoting Tekkies
Follow the rules. - Understand Post#647. - Look at the angle of TDI green. Beste are those above 1 / below 5 - Look at the long term and short term trends. Go to a higher time-frame and see if the market indicate that it will continue to go in the direction of intended trade Do the same for a lower time-frame. (Stoch can be of great help. You need to understand how stoch work) {image} One small loss. {image}
Follow up
Little bit to early.
Went with M15 TDI green angle and got almost bitten. First trade (small loss) was the right assessment, market took me for a unwanted trip around the block.
(All the indicators were close to or already in OB zone.)
Again you still don't know which direction the market will go. It is always a gamble. Indicators only give you a very small change to be right.
Attached Image (click to enlarge)
Click to Enlarge Name: 25022019Maandag gebruik angel.PNG Size: 49 KB
  • #94,307
  • Feb 25, 2019 2:58am Feb 25, 2019 2:58am
Quoting Tekkies
{quote} Follow up Little bit to early. Went with M15 TDI green angle and got almost bitten. First trade (small loss) was the right assessment, market took me for a unwanted trip around the block. (All the indicators were close to or already in OB zone.) Again you still don't know which direction the market will go. It is always a gamble. Indicators only give you a very small change to be right. {image}
Is this day going to be scalping on M15? (Using M1M15?)
Look like the market is gearing up for a major trend move. the question is UP or Down?
Attached Image (click to enlarge)
Click to Enlarge Name: 25022019Maandag doen dit heel dag.PNG Size: 50 KB

Last post for the day. Posting while trading with a market that does not want to go into a trend is not a good idea.
Attached Image (click to enlarge)
Click to Enlarge Name: 25022019Maandag wat van M1M15.PNG Size: 50 KB
  • #94,308
  • Feb 25, 2019 3:52am Feb 25, 2019 3:52am
Quoting emmanuel7788
{quote} Hi K.singh, Wow! Your first post and you have attached a chart. That is a good start. and WELCOME. your post did not appear the last time I was online. FF Admin will vet your first few posts before they can be seen by public. You are being honest in admitting that you have not read this thread from the beginning. The least you could do is to read Post#1 to Post#12,912. Knowing that you are a newbie, let me re-post below for you. Introduction to Trading Made System To learn what Trading Made Simple is, you have to follow the trading...
Hello Emmanuel7788,

first of all thank you very much for the time and the very extensive post that you made, it really explains very well.

And i'm very sad to hear the Mr. BigE passed away, really sorry did not realised that.

looks like i have a lot of reading and training to do, again thank you for the time and the really nice post.

wish a good day.

kind regards
K.Singh
  • #94,309
  • Feb 25, 2019 5:39am Feb 25, 2019 5:39am
One of several key checklist items mentioned in Post#647 is:

Quoting eelfranz
... Am I in or close to a consolidation area Are the previous candles small... ....
DE30 Feb 25 M15 H1 and H4

Looking at the chart, it is quite clear there is a narrow range consolidation seen on M15. There is no reason to be selling into this consolidation zone. Moreover the dominant trend using H4 is bullish. Both D1 and W1 are also bullish.


Following Big E's Post#261, the H4 is clearly bullish as the price action and HA candles are above the 5EMA.

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Feb 25 FO and LO candles 25-02-2019 16-59-16.png Size: 110 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,310
  • Feb 25, 2019 6:32am Feb 25, 2019 6:32am
@Tekkies...NO
Right question you should have asked was...Have you checked the other Fx basics and PA be to put into consideration before entering a trade, even if there were to be a cross or bounce?
I am here to learn and trade profitably.
Please, if you can't assist politely, stay off my track.
Thanks.
I keep it simple.
Learn... Work Hard... Trade Alone
  • #94,311
  • Feb 25, 2019 6:35am Feb 25, 2019 6:35am
@Emmanuel7788...You're my man.
Thanks for the guide...it's more than a two cent.
I hope you do have a wheel barrow too......Cheeeeeeeeeers
Learn... Work Hard... Trade Alone
  • #94,312
  • Feb 25, 2019 7:31am Feb 25, 2019 7:31am
Hi Emmanuel7788...Oh! I didn't know that BigE passed away.
But, great thanks to folks like you who maintain this thread and always keeping it simple for us.
I like that line on post #117 that says go to your local hardware store and buy a wheel barrow to carry your pips to the Bank.
Really, BigE, kept It Simple. KIS.
I THANK YOU FOR THIS TRAINING.
Learn... Work Hard... Trade Alone
  • #94,313
  • Feb 25, 2019 7:43am Feb 25, 2019 7:43am
Quoting BiteFX
@Tekkies...NO Right question you should have asked was...Have you checked the other Fx basics and PA be to put into consideration before entering a trade, even if there were to be a cross or bounce? I am here to learn and trade profitably. Please, if you can't assist politely, stay off my track. Thanks. I keep it simple.
Apologie Bite.
Reason for such post: To many traders make the wrong assumption that every cross over is profitable.
---
Be wise Bite, you going to need it.
  • #94,314
  • Feb 25, 2019 8:40am Feb 25, 2019 8:40am
Quoting Tekkies
{quote} Apologie Bite. Reason for such post: To many traders make the wrong assumption that every cross over is profitable. --- Be wise Bite, you going to need it.
C'Mon Tekkies, apologies accepted.
It's great you understood the purpose of this thread.
You're the strict kinda tutor... I sure need you too on this thread.

I K.I.S

Thanks.
Learn... Work Hard... Trade Alone
  • #94,315
  • Feb 25, 2019 11:24am Feb 25, 2019 11:24am
Quoting emmanuel7788
{quote} {quote} DE30 Week 08 looks good closing this week. This week' W1 will close above the Weekly WRB high. Next week will still be buy only target 11568.90 until I see at minimum two D1 bearish reversal. Not risking my money shorting this pair at the moment. {image} Closing all positions today and also closing my 20-trading days cycle with very good profits.

DE30 Feb 25-26

With both Frankfurt and London market sessions closed, liquidity is usually low.

What can happen in the next 8 hours until Tokyo opens? I see a small surge in USD strength.

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Feb 25 M15 H4 26-02-2019 01-07-05.png Size: 68 KB


on my Weekly.

we are in the High-Close wick of Dec 2018.

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Week 09 Weekly Supply Zone 25-02-2019 17-17-38.png Size: 17 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,316
  • Feb 25, 2019 11:27am Feb 25, 2019 11:27am
Quoting BiteFX
@Emmanuel7788...You're my man. Thanks for the guide...it's more than a two cent. I hope you do have a wheel barrow too......Cheeeeeeeeeers
No wheel barrow...

I trade small for some additional cash flow every month so I am more than happy with one of this,

Attached Image
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,317
  • Feb 25, 2019 11:40am Feb 25, 2019 11:40am
Quoting eelfranz
Hi Everyone .... Hope the week is going well for you all. Any questions? PM me. My favorite plays are 32% up and 68% down on the TDI. You have to check your TDI every time a new candle appears. OFTEN TIMES I'll check the current candle several times during the trade. Just my routine. Do what works for you .................. {image}
above post, Big E would check his TDI everytime a new candle appears.

Look at DE30 H4 below, notice the two different TDI versions shows different angles.

What do you think Big E would do in situations like this? His TDI Red Green version shows angle pointing UP and is above the 68% level.

Even when he check this several times during this active H4 period, the TDI remains the same until the next new candle appears.

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Feb 26 H4 26-02-2019 01-36-40.png Size: 41 KB


I observe the Stochastics too.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,318
  • Feb 25, 2019 12:04pm Feb 25, 2019 12:04pm
DE30 Feb 26 new H4 candle open,..update

now you can compare the above post H4 chart and this one below, a new H4 candle open.

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Feb 26 H4 new candle 26-02-2019 01-59-23.png Size: 43 KB


do you see how this TDI Red Green responded to the price above. price close bearish, TDI Green turns around very steep according to the close price above.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,319
  • Feb 25, 2019 12:17pm Feb 25, 2019 12:17pm
Quoting emmanuel7788
USDJPY Week 09 Feb 25 to Mar 01 UJ has been narrow range sideways for days. Next week this Feb MN candle will close and we will have a new month. It should be interesting to catch the next big move in the coming weeks and make some money. MN {image} W1 we have a big weekly candle, and watch the close above or below its High-Low as support and resistance. {image} D1 small narrow range trading, no clear setups. nothing interesting except the D1 IB but the Weekly High above. {image} H4 TMS chart template, several reversal looking candles buy no good...

USDJPY Feb 25 a new high has been made ... ahead of this week's key data and Trump-Kim meet.



Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Feb 26 H4 new high 26-02-2019 02-14-06.png Size: 43 KB


Caution!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,320
  • Feb 25, 2019 5:25pm Feb 25, 2019 5:25pm
Quoting emmanuel7788
DE30 Feb 26 new H4 candle open,..update now you can compare the above post H4 chart and this one below, a new H4 candle open. {image} do you see how this TDI Red Green responded to the price above. price close bearish, TDI Green turns around very steep according to the close price above.

DE30 H4 update new candle open,

The last setup was good and now price is back at 11458.

Will have to wait and see if it finds support.
\
\
Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Feb 26 H4 new candle update 26-02-2019 07-20-13.png Size: 41 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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