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Trading Made Simple

  • #94,701
  • Mar 12, 2019 6:02pm Mar 12, 2019 6:02pm
Quoting Elmore
{quote} I use the TDI indicator from post #25 but this happens whit every TDI indicator I used {image} Red line is drawn on the same candle. {quote} Thanks for the info. Where can I find that RSI price line angle indicator? Thanks.
you use TDI#25,... that's excellent

when you talk about the angle of the Green line...

it is the zoom factor.

use zoom factor 4 like Big E did.

see these examples below:

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anything below 3 is simply nonsense to apply Big E' TDI#25 rules.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,702
  • Mar 12, 2019 6:10pm Mar 12, 2019 6:10pm
Quoting emmanuel7788
{quote} I love reading sport news only. The other type of news will either move my trades to TP or to SL. Why bother reading them. Just trade. https://www.bbc.com/sport
best news of the day:

Juventus vs AtleticoMadrid 3-0

ManCity vs Schalke 7-0

sure delight to see 10 being scored.

the other news, what did we expect?

today yet another vote, same result then watch GBP ... react again.

my dear PM May, she will survive till the next GE.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,703
  • Mar 12, 2019 6:16pm Mar 12, 2019 6:16pm
Quoting Elmore
{quote} I use the TDI indicator from post #25 but this happens whit every TDI indicator I used {image} Red line is drawn on the same candle. {quote} Thanks for the info. Where can I find that RSI price line angle indicator? Thanks.

You are new to Trading Made Simple. Read post#94,432

You use TDI from Post#25.

FOLLOW TDI, then you must Follow Big E's post only and you will learn following his trading journey from newbies till the day he died.

If you want to trade the way Big E described in Post#1, make sure you use his template , the Synergy APB / HA candles and use that TDI Red Green version. These are in Post#25.

Important to Note that the TDI Red Green version repaints all the bars in history so you cannot use this when you do back-testing by scrolling back your charts. The better way is to run this in live market and trade the TMS setups based on what you see without refreshing your charts. When you want to trade with entries on the APB#1 and APB#2 candles, always wait for the price bar/candle to close and use the TDI to confirm the setup.

Enjoy and Have fun during your learning journey Learn to trade trade TMS. #LTTTTMS#
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,704
  • Mar 12, 2019 6:33pm Mar 12, 2019 6:33pm
One of my favourite brekkie trade,

SYD_2H breakout FOLLOW PRICE ACTION and the lagging TDI will follow,

trade away from Day Open.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,705
  • Edited 7:34pm Mar 12, 2019 6:41pm | Edited 7:34pm
Example why 3 timeframes is better than 2.

Dr Alexander Elder's Triple Screen Trading System approach cannot be wrong, right?

Do not trade against the next 2 timeframes above your trading timeframe.

If you had read, studied and understood Post#647, you should have known this well.

Why did the member buy when he knew H1 price action was bearish big red candle and the momentum shown by the TDI Green was pointing down?

Follow TDI but make sure Follow Big E's posts only for CONSISTENCY.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,706
  • Mar 12, 2019 6:54pm Mar 12, 2019 6:54pm
Week 11 JPY pairs

today and tomorrow we stalk the JPY pairs.

anyone with a favourite pair you want to discuss here?

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,707
  • Mar 12, 2019 7:16pm Mar 12, 2019 7:16pm
DE30 Mar 13 - three timeframes must show synergy.

Do you see the opportunity for today's trading?

have two plans ready if you are a price action daytrader - a Plan A and a Plan B.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,708
  • Mar 12, 2019 8:27pm Mar 12, 2019 8:27pm
DE30 M15 scalpers Mar 13

Follow Price Action all 3 timeframes are in sync

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Good luck!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,709
  • Edited 2:05am Mar 13, 2019 1:42am | Edited 2:05am
Reading over the weekend (this month) posts a noticeable change has occurred. This week most chart's posted has does not refer to any reversal candle's. Last month Feb 2019 this thread was flooded everyday with REVERSAL candle.
---
Now suddenly chart's are posted with "Follow Price Action" and Three Time frame method. Wonder why?
---
Question asked:
Post 94,705 Why did the member buy when he knew H1 price action was bearish big red candle and the momentum shown by the TDI Green was pointing down?
------
Simple answer:
Trade was taken with TDI on M5 chart.
Did he really looked at M5 chart?
If he did use TDI he would have spotted Point 1.
- M5 TDI crossover UP
- Angle above 1
- Stoch confirm direction.
- BIG GREEN CANDLE"S
- LONG WICK at bottom candle. (Pinbar?)
-- Rest of Post#647.
( Does stupidity have a limit?)
------------------
- Made the mistake not to allow M15 TDI to crossover Point 2.
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  • #94,710
  • Mar 13, 2019 2:09am Mar 13, 2019 2:09am
Quoting emmanuel7788
{quote} Please wait till January 2019 and I will show you how to trade following Post#647 CONSISTENTLY without the TDI. You will not need the MACD(2,13,7) Keep It Simple: Trade with simple Price Action, following the price swings and use the HA candles in background (shadow). {quote}


Quoting emmanuel7788
{quote} you mean own version of TMS, right? I don't trade TDI, I trade the price and its price action just to be clear. I still use Big E Post#261 as the basic template and I do consult with this template and also other templates when I plan my trades. Do you trade TMS with MEME?


Hi, emmanuel7788, how r u doing!

Now would you please share with us how you trade without tdi or macd(2,13,7) in here? Thank you for your time!

Shuo
  • #94,711
  • Mar 13, 2019 2:13am Mar 13, 2019 2:13am
Quoting emmanuel7788
{quote} best news of the day: Juventus vs AtleticoMadrid 3-0 ManCity vs Schalke 7-0 sure delight to see 10 being scored. the other news, what did we expect? today yet another vote, same result then watch GBP ... react again. my dear PM May, she will survive till the next GE.

If you every wondered why Juventus paid for him? then you have not been paying attention to the details of the game.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,712
  • Mar 13, 2019 2:31am Mar 13, 2019 2:31am
Quoting zhangshuo
{quote} {quote} Hi, emmanuel7788, how r u doing! Now would you please share with us how you trade without tdi or macd(2,13,7) in here? Thank you for your time! Shuo

This thread, Trading Made Simple by eelfranz is a system that revolves around the TDI indicator.

If you wish to learn to trade without this indicator, there are many, many price action threads here at FF where this may be discussed. Trading Made Simple is the wrong place to discuss this as it is clearly off topic, and off topic posts will result in a clean up report beinmg sent to Twee, the moderator.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #94,713
  • Mar 13, 2019 2:33am Mar 13, 2019 2:33am
DE30 Mar 13 Frankfurt Open FO

If you traded this long enough, you will notice its behaviour around FO and LO.

Be patient, wait for the H4 to close and Tokyo session to close then trade the real action of the European session.

Do Not try pick bottoms when the H4 trend is down and the Price Action is clearly below its 5EMA. Follow TMS rules Post#261.

In post#261, is also mention reversals and by now you should know what are reversal candles and how to pick them. If you still have not understood what are reversal candles, then you must go start read the old thread.
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,714
  • Mar 13, 2019 2:44am Mar 13, 2019 2:44am
Quoting zhangshuo
{quote} {quote} Hi, emmanuel7788, how r u doing! Now would you please share with us how you trade without tdi or macd(2,13,7) in here? Thank you for your time! Shuo
Hi Shuo,

Actually we first learn to trade TMS the way Big E laid out in post#261 i.e. using the TDI in Post#25. We must master trading TMS 5-Method first and the do our own individual adaptions and variants. This is how we went on to develop TMS-II in 2011 to 2013. The core discussion here should still focus on TMS by Big E.

You can also use the CCI as Big E mentioned in one of his post.
https://www.forexfactory.com/showthr...19#post4832319
I think Big E was open to other ideas back then.

But over the years, some members have replicated the TDI with the MACD(2,13,7) because the TDI is not a standard indicator and you do not have that as custom indicator in other trading platforms. That is reason why some members replicated the TDI using MACD and developed their own system following the same principles of the 5-Method.

If you use another trading platform and do not have TDI as custom indicator, please let me know. We can then compare the performance using MACD(2,13,7) as replicate of the TDI default. The MACD(2,13,7) as TDI have similar rules like the TDI in Post#261 but there are some filters in using the MACD(2,13,7).

Personally I have MACD in a different template and I do consult different templates when I swing trade.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,715
  • Mar 13, 2019 2:59am Mar 13, 2019 2:59am
Quoting emmanuel7788
One of my favourite brekkie trade, SYD_2H breakout FOLLOW PRICE ACTION and the lagging TDI will follow, trade away from Day Open. {image}

EURAUD Mar 13 H1 update FO

That was a nice SYD_2H breakout with good profits.

Quick review to learn from... break up and pullback, then move again higher and pull back a second time, ... price do not travel in a straight line, it makes waves.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,716
  • Mar 13, 2019 3:19am Mar 13, 2019 3:19am
Quoting Tekkies
{quote} Build it yourself with MT4 indicators 1. RSI period 13, Close Price and set color to None, this will not show the RSI line. 2. MA period to 2, Simple, Close, color = Green, and Previous Indicator's Data. 3. MA period to 7, Simple, Close, color = Red, and Previous Indicator's Data. ------- 4. MA period to 34, Simple, Close, color = Yellow, and Previous Indicator's Data.
Cool, thanks!
I will try this during the next trading session

Quoting emmanuel7788
{quote} you use TDI#25,... that's excellent when you talk about the angle of the Green line... it is the zoom factor. use zoom factor 4 like Big E did. see these examples below: {image} {image} {image} anything below 3 is simply nonsense to apply Big E' TDI#25 rules. {image} {image}
Among all the material that i've found in this thread, the momentum thing based on clock face is the only thing that seems to be a little bit random and here is why:
Even using Big E zoom factor, the green line angle changes if i resize the chart/indicator window.
For example, take a M15 chart with a TDI indicator.
Now add the stochastic indicator (which was included in Big E original method).
The TDI window will get narrower because we added the stoch indicator and TDI green angle will change.
It even changes if we change computer monitor: 16:9/10 monitors shows an angle, 3:2 monitors shows a different angle.
That's because the indicator window's size changes accordingly to how much screen space is available.
I personally use the TDI just for confirmation after i spotted an opportunity so this is not a big deal.
Just wanted to know if this has been mentioned before.
  • #94,717
  • Mar 13, 2019 3:31am Mar 13, 2019 3:31am
Mar 13 H4 Big E 2AM H4 candle.

Anyone see a good setup in about 30 minutes, i.e. the 2AM H4 candle which Big E usually look for trade setup.

I see EURJPY, but it can only be a bounce set-up if that happens. To its left is a last swing high possible resistance and the BRN 126.00 just above.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,718
  • Mar 13, 2019 3:38am Mar 13, 2019 3:38am
Quoting emmanuel7788
DE30 Mar 13 Frankfurt Open FO If you traded this long enough, you will notice its behaviour around FO and LO. Be patient, wait for the H4 to close and Tokyo session to close then trade the real action of the European session. Do Not try pick bottoms when the H4 trend is down and the Price Action is clearly below its 5EMA. Follow TMS rules Post#261. In post#261, is also mention reversals and by now you should know what are reversal candles and how to pick them. If you still have not understood what are reversal candles, then you must go start read...

DE30 Mar 13 LO hour

With less than 25 minutes to go, we wait and see if H4 will close as REVERSAL candle.

M15 already show H4 higher high and higher low, look for higher Close.

H1 is in agreement but .... need to deal with correction.

3 timeframes is better than 2

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,719
  • Mar 13, 2019 4:04am Mar 13, 2019 4:04am
Quoting emmanuel7788
{quote} DE30 Mar 13 LO hour With less than 25 minutes to go, we wait and see if H4 will close as REVERSAL candle. M15 already show H4 higher high and higher low, look for higher Close. H1 is in agreement but .... need to deal with correction. 3 timeframes is better than 2 {image}

DE30 Mar 13 H4 2AM candle

Confirmed we have a H4 REVERSAL candle... Big E' aggressive setup .

M15 show HH HL with higher Close.... for me.

H1 still risk the correction.

You decide base on the risks you see and how you mitigate those risks.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #94,720
  • Mar 13, 2019 4:26am Mar 13, 2019 4:26am
is it just me ...or do divergences which end in a double top/price unable to close past the prior swing high [but wick is higher] ....have a better win rate than when price makes an official higher high with divergence ?
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