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Trading Made Simple

  • #95,121
  • Apr 3, 2019 12:54am Apr 3, 2019 12:54am
Quoting Dridzz
{quote} Could you share the indicator that measures the TDI angle plz?
Use the search function or paperclip top right.
TDIAngle.mq4
-----
Read the User Guide that way you don't have to ask member's for something that has been posted already.
  • #95,122
  • Apr 3, 2019 1:14am Apr 3, 2019 1:14am
DE30 Apr 03 M15 ... easy one for decision, but be carfeul with FO and LO hours as usual,

RSI price line angle is good that means strong momentum... nothing more, nothing less.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,123
  • Apr 3, 2019 5:03am Apr 3, 2019 5:03am
Quoting Tekkies
{quote} Follow TDI. The longer you use a method and start to "remember" how the price (market) breath with TDI the better you wil become in making trade decisions. ---- Previous post the trade went almost wrong even with D1 going up. Was to eager to place a trade. Looking at the time of H1 in that post. Rather wait for H1 to confirm the new direction first in bar close. Don't know how to put it in words. - Trying words like: If the H1 TDI green is above / below the red wait for the bar to close. Don't wait for H1 TDI to cross over with the second...
Follow TDI.
Same old story.
Is this a beginning of a new down trend? Look at the higher time frames the market is at a resistance level / zone.
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  • #95,124
  • Apr 3, 2019 11:54am Apr 3, 2019 11:54am
Quoting emmanuel7788
{quote} {image} DE30 Apr 03 UPDATE pre-Frakfurt Open today, heading north nicely. I see 11927 on my radar for today if not then tomorrow. Note those two red circles to the left side of the chart. Let's see what the fundamentals says and if it would support the buyers. So far, it has been a good start for this month April. ... {image}
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DE30 Apr 03 London closed UPDATE

Did better than what I see on my chart today. It broke that 11827 and with European markets closed, unlikely it will move higher to 12089. There should be no selling today in a strong uptrend, instead buy the dips in strong uptrend market type.
Be careful now, corrective waves are not reversal. To see a reversal I want to see at minimum 2 D1 bars/candles or 5 H4 bars/candle. H1 and M15 are all noise to me.
Like Big E, I prefer to trade H4 and D1 with Weekly view.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,125
  • Apr 3, 2019 12:50pm Apr 3, 2019 12:50pm
Quoting emmanuel7788
EURUSD Apr 03 D1 chart still too early to buy .. WAIT! ... prepare your money. {image} {image}
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EURUSD Apr03 UPDATE:

It was too early on D1 to start buy, but H4 was good signals for short term trades.

Classic H4 TMS 5-Method setup - Bullish REVERSAL candle and HA candle closes above 5EMA

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,126
  • Apr 3, 2019 6:47pm Apr 3, 2019 6:47pm
Quoting VantHarp
{quote} Ah RickM, just another username operated by Van Tharp Group. Somebody who has seen the following two posts about your ME/ME performance will not be interested in looking at your EA results. https://www.forexfactory.com/showthr...8#post12143248 https://www.forexfactory.com/showthr...1#post12143311 See how similar this TE's behavior to the one and only one TE posted under the handle emmanuel7788. Small profits gained throughout months are vanished in a very short amount of time. And...
Hi Vantharp

Again I am pleased you are taking a interest in MEME trading. But please tell me about your trading style so I can help you become a profitable trader.
I will may time available to help you because by the sounds of your bitter responses, your losing badly at this game.
You know Vantharp, I haven’t had one losing day in three months.
Trading thin liquidity at the boundary of the charts
  • #95,127
  • Apr 3, 2019 6:50pm Apr 3, 2019 6:50pm
Quoting emmanuel7788
EURUSD Apr 03 D1 chart still too early to buy .. WAIT! ... prepare your money. {image} {image}
EURUSD Daily EXAMPLE

Yesterday was too early to trade the Daily.

but today,

Attached Image (click to enlarge)
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and we learn by following the OP's Post#4752:
<>
Quoting eelfranz
Hey Gang, You know I prefer to trade the the 1 & 4hr timeframes.... Don't be afraid to trade the Dailies for you working guys and gals. They generally have nice runs per reversal.... give it a try....
<>
Same Post#261:
<>
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 !


<>

plain simple and basic TMS 5-Method.

Good Trading folks and make money.
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,128
  • Apr 3, 2019 7:15pm Apr 3, 2019 7:15pm
DE30 Apr 04

The dominant Primary trend Weekly is bullish, the intermediate trend Daily is also bullish.
Similarly, if your trade M15 and H1, the Primary trend is H4. Trade only when there is synergy in 3 trends in the same direction (Big E' Post#647) .. these normally will give the best trades or A+++ trades.
Attached Image

Do not trade against the Weekly and Daily, but with only one exception.

Now we study the RSI Price Line angles aka TDI Green angle.

Right now, all 3 timeframes- M15, H1 and H4 shows RSI Price Line in Avoid Trading Zone.... So we must wait until we see favorable conditions to take any buy or sell trades.

Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,129
  • Apr 4, 2019 12:28am Apr 4, 2019 12:28am
Quoting emmanuel7788
{quote} Hey Van, "You do not trade the markets, you trade your beliefs about the markets." — Dr Van Tharp "To maximize profits we must be prepared to give back to the market 50% of what the market gave us."- Dr Van Tharp I did not blew that CI500 account. I gave back all the market gave me. I am not a professional trader. I am retired and trading has become fun after doing it for more than 30 years. First 10 years was tuition, paid the high price to learn. The next 20 years was a very long journey and this continues till .... You watch this video...
Hi Emmanuel ,
thank you to give us the video about the risk management techniques but could you be so kind to advise and direct me toward something written in order to better understand what "lotto" or "insurance" techniques are ?
Thanks in advance.
  • #95,130
  • Apr 4, 2019 3:35am Apr 4, 2019 3:35am
Hi,

Is there a version of the TDI that does not repaint?

Also, in post 94.067 Emmanuel7788 says

I am not promoting TMS II here which other traders are trading now. The original version of TMS by Big E is still here and is dead

What is TMS II ?

Thanks
  • #95,131
  • Apr 4, 2019 4:03am Apr 4, 2019 4:03am
AUDUSD Apr H4 PDT 2AM candle,

anyone trading like Big E Post#1?

niice setup.

remember close this at 6AM the next H4 candle.
Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,132
  • Apr 4, 2019 5:58am Apr 4, 2019 5:58am
DE30 Apr 04 Frankfurt Open and London Open candles

Like the OP said, (Post#647) look the the candles at the last reversal , are the candle big, little, or what... and Post#261 if there is a reversal, ...

I see simple price action today with the FO and LO candles.

Follow Weekly as dominant Primary trend and Daily as Intermediate trend, you can go wrong with this approach doing it day in day out.

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Apr 04 FO LO breakout setup 04-04-2019 18-26-33.png Size: 44 KB



Attached Image
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,133
  • Apr 4, 2019 3:52pm Apr 4, 2019 3:52pm
Textbook stuff on GU H1 today... Frankfurt and London formed a Double Top failing to break yesterday's high and when price began pulling away, I was poised and ready. The TDI didn't cross until the close of the first red candle (LO+1) so TMS entry was taken once this occurred. I was unsure how price would react around the 200EMA so I split the position in two. Both positions had a SL of 25 pips. TP1 was 25 pips (in line with the 200EMA) and TP2 was 100 pips. Whilst 100 might seem ambitious given that price had already moved 30 pips from the Double Top, we'd seen a relatively tight range yesterday with price being trapped against the EMA so I was aware that if it closed below this support level, it was likely to drop quickly throughout NY.

As it happens, London momentum was enough for it to pass straight through without hesitation. Once NYO closed below the EMA, it was plain sailing. Price missed TP2 by 3 pips and when a Double Bottom formed and price began to pull back, I closed the trade. Out with 110 pips in total.

The simple mechanics of Big E's system work time and time again. He used to state that on average, APB's run for 3-8 candles before a colour change. Today's trend on GU was a particularly good one with a streak of 11. In addition, Phx62 taught us that often the high or low of the day is set in the first few candles of the London session, and he was right. On GU H1, over the past 100 trading days, the High or Low of the session has been set by the LO candle 47% of the time, or in the first two candles 63% of the time. Combining this knowledge with basic PA principles and the mechanics of the TMS system can be very powerful.

Thank you Big E and Phx62 for all that you shared here
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Focus on the process and the profits will follow
  • #95,134
  • Apr 4, 2019 6:16pm Apr 4, 2019 6:16pm
Quoting Ballistical
Textbook stuff on GU H1 today... Frankfurt and London formed a Double Top failing to break yesterday's high and when price began pulling away, I was poised and ready. The TDI didn't cross until the close of the first red candle (LO+1) so TMS entry was taken once this occurred. I was unsure how price would react around the 200EMA so I split the position in two. Both positions had a SL of 25 pips. TP1 was 25 pips (in line with the 200EMA) and TP2 was 100 pips. Whilst 100 might seem ambitious given that price had already moved 30 pips from the Double...
Great trade and great post...

The trading method developed by Big E is EVERGREEN. Another 10, 20, 50, ... years, it would still be the same. The basics are all here in this thread and in his old thread.

Thank you Eric aka Big E for sharing your trading journey in Forex Factory and for showing us what you did and how you developed your trading methods.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,135
  • Apr 4, 2019 6:29pm Apr 4, 2019 6:29pm
Quoting emmanuel7788
AUDUSD Apr H4 PDT 2AM candle, anyone trading like Big E Post#1? niice setup. remember close this at 6AM the next H4 candle. {image}
Attached Image (click to enlarge)
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Just like the way Big E would trade his H4 candles,

Close that trade at 6AM.... small profit but that a winning trade, and accounts for his 70% to 80%.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Apr 04 6AM close trade 05-04-2019 07-24-06.png Size: 46 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,136
  • Apr 4, 2019 6:56pm Apr 4, 2019 6:56pm
For DAX fans here..... I am not.
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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #95,137
  • Apr 4, 2019 7:01pm Apr 4, 2019 7:01pm
Quoting emmanuel7788
{quote} {image} Just like the way Big E would trade his H4 candles, Close that trade at 6AM.... small profit but that a winning trade, and accounts for his 70% to 80%. {image}
nice... I'm already short
who dares wins
mashFX DSRII Return This Year: na
  • #95,138
  • Apr 5, 2019 6:12am Apr 5, 2019 6:12am
GBPUSD Apr 05 H1 LO REVERSAL candle

I am quite sure someone took that LO H1 NFF reversal candle...

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Apr 05 LO Reversal candle 05-04-2019 19-09-55.png Size: 42 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,139
  • Apr 5, 2019 6:26am Apr 5, 2019 6:26am
Quoting heispark
For DAX fans here..... I am not. {image}

maybe next week and the week after.

I have my money ready....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,140
  • Apr 5, 2019 7:50pm Apr 5, 2019 7:50pm
Quoting dazzdude
Hi, Is there a version of the TDI that does not repaint? Also, in post 94.067 Emmanuel7788 says I am not promoting TMS II here which other traders are trading now. The original version of TMS by Big E is still here and is dead What is TMS II ? Thanks

Hi dazzdude,

All the versions of the TDI indicators repaints, the TDI Red Green version Post#25 used by Big E is the very early version which goes back to 2006/7. It works great in live market but do not use that for back-testing by scrolling back into history charts. The best way is to use it in forward testing and learn how that TDI Red Green(post#25) responds to the price action and price momentum. You need to follow Big E posts and his rules when you want to trade with this version of the TDI.

There is another TDI Realtime version and rules are different when you trade using this realtime version. Forward test this in live market and learn how this works and adapts the rules and make them your own rules. It would be easier this way.

The original version of TMS by Big E is still here and is dead

The 5-Method is still alive and will be for the next 10, 20, 30, 50 ... so years.
By dead, I mean most people do not trade the way Big E explained in his Post#1. He traded his 10PM, 2AM candles and close his H4 trades at his local time 6AM.

What is TMS-II?

It was a project done in 2011 till 2013 by a few active TMS traders back then.

TMS II Project
Post#27,046

Since then, different members went on to do their own versions of TMS but all are based on using Big E' 5-Method as their core trading methodology. This has not change since then. Different traders have different financial goals and therefore each one has different money managament strategies for different systems.

Hope this help.


edit:
next week,Apr 08 to 12, look for possible USD weakness - buy EURUSD and sell USDCAD, as well as other USD pairs.
do your weekend top down analysis and have a big picture of the market.
Monday Apr 08, will be as normal as market usually has hangover ... post-NFP blues ....

Have a great trading week,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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