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Trading Made Simple

  • #95,801
  • May 22, 2019 11:58pm May 22, 2019 11:58pm
Quoting VantHarp
... Finally Van K. Tharp aka emmanuel7788 has started a new thread. Can anybody guess what that thread is? A tiger can change the jungle but not its stripes. Soon he will start to promote his books, workshops, and ME/ME bs in that thread as well, of course using gazillions of user accounts that he has created from time to time to promote himself.

Hey VantHarp, you are a looney. Another of your looney buddy will appear soon.

Let me make a guess... Use Google search in FF , right?

Here is the link to that old thread... https://www.forexfactory.com/showthread.php?t=559317

it not new, it was created in 2015.

you are lagging just like all technical indicator using OHLC just like the TDI.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,802
  • May 22, 2019 11:58pm May 22, 2019 11:58pm
Quoting emmanuel7788
{quote} Trading Made Simple is just a thread title. It was one of several names suggested by other members in the old thread when Big E announced that he would be moving the discussions back to Trading Systems forum because his old thread was moved to Commercial Content forum. His old thread title started as "GBPUSD M15" trading and he was sharing his experience trading M15 using the Stochastics Secrets by RedTrader, then he added stuff from Craig Harris Natural Flow Forex NFF System. Big E has a lot of experience trading with the Stochastics and...
Thank you for your good words and direction guides. I'm still here to read, learn and do my homeworks.
Cheers,
Son Nguyen
Attached Image
  • #95,803
  • May 23, 2019 12:14am May 23, 2019 12:14am
Quoting OutThere
{quote} Not trying to get in the middle anything but you asked what you learn from it... What I learn from it is that this doesn't look like a scalper's chart to me. Did he change his style dramatically?
I dun know... why don't you ask him directly....
https://www.forexfactory.com/showthr...4#post12284044
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #95,804
  • May 23, 2019 2:10am May 23, 2019 2:10am
It never stops: Post 95,771

Logical thinking:
- use the OHLC as natural support and resistance.
- but you cannot replicate the 5EMA or the APB/HA candle.
- lagging just like all technical indicator using OHLC just like the TDI.

OHLC is historical data.
- It is, was, were price was in the past. It is on the left side of price, anything behind price is history.
- Why not use a indicator to find those OHLC and have the indie do (O+H+L+C)/4 = X

Now the question I ask is when reading those posts is this:
-The poster use OHLC the data is current, when TDI use OHLC it is lagging. HOW COME?

All indicators use historical data for calculations.
- That will also make 5EMA and APB/HA lagging technical indicators.
---------
mmmmm Sorry my mistake. It is only applicable to the TDI indicator, 5EMA, APB/HA are not indicator they are something else.

The sad part is how many are mislead by those post's and not one member speak out against what get posted.
  • #95,805
  • May 23, 2019 2:21am May 23, 2019 2:21am
Quoting Tekkies
All indicators use historical data for calculations.
Precisely! I made that very point not so long ago in this post: https://www.forexfactory.com/showthr...9#post12147749

Don't get sucked in by the smoke and mirrors of a FF addict!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #95,806
  • May 23, 2019 2:26am May 23, 2019 2:26am
Quoting Yudax
{quote} Hi, do you find resistance only on yesterdays high or low?

A simple question asked by Yudax,
do you find resistance only on yesterdays high or low?

My simple answer:

I use the OHLC as natural support and resistance. No need any indicators. The market shows you its OHLC everyday, every week, every month.

The same when you use Supply and Demand approach, use the OHLC.

Now, think of what the average of the OHLC can do for you and your trading?

For example,

(Open+High+Low+Close) divide by 4 give your its average.

Is this Weekly OHLC Average the same on Daily, H4, H1, M15, ......?

Comments: I never knew OHLC data re-paints ooops ... I mean recalculates.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,807
  • May 23, 2019 2:37am May 23, 2019 2:37am
Quoting hikaru259
{quote} Hi Cj, I'm sorry I'm afraid i can't. I don't want to be spool feeding. Let's me show you the logic and you can build it by yourself. It's easy but take some time. Building by yourself will help you to understand more and know the pros and cons of the setting. It's the best way to deep dive and optimize. MEME management is suitable for a medium/large account > $5000, so find the most suitable setting for you. I'm doing my research on MEME II - EVO with the min capital of $10.000, I aim for less risk and "let 's profit run" method and MPTM...
I know the logic inside it. Just want to save some time, no need to set the style.

Anyway, I have done it after 2 hours.

I didn't know your step 1 how to feed data from MT4. I put the pipvalue of EURAUD/EURNZD manually.
Do you know how to cal the pipvalue by using excel function?
Attached Image (click to enlarge)
Click to Enlarge Name: Snipaste_2019-05-23_15-35-19.png Size: 58 KB

thanks
Don't Rush Things, Be PATIENT and Wait For the Best Trade Setup
  • #95,808
  • May 23, 2019 2:37am May 23, 2019 2:37am
Quoting Tekkies
It never stops: Post 95,771 Logical thinking: - use the OHLC as natural support and resistance. - but you cannot replicate the 5EMA or the APB/HA candle. - lagging just like all technical indicator using OHLC just like the TDI. OHLC is historical data. - It is, was, were price was in the past. It is on the left side of price, anything behind price is history. - Why not use a indicator to find those OHLC and have the indie do (O+H+L+C)/4 = X Now the question I ask is...

@Tekkies,

36 months consistent trading results... is what some people want.

for you, it starts with 12 months consistent trading results to show that you can trade and you are not the one misleading people that the TDI is your winning edge.

OHLC data you get do not repaint neither it recalculate. and you do not need an indicator for that average. the TDI repaints because of the coding logic by the coder according to the original creator Dean Malone. Was that intentional? I don;t think so. It was coded the way it was supposed to be used back in 2006/2007.

does your DE30 Line Chart repaint every day? NO. WHY?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,809
  • May 23, 2019 2:41am May 23, 2019 2:41am
Quoting Cj.cn
{quote} I know the logic inside it. Just want to save some time, no need to set the style. Anyway, I have done it after 2 hours. I didn't know your step 1 how to feed data from MT4. I put the pipvalue of EURAUD/EURNZD manually. Do you know how to cal the pipvalue by using excel function? {image} thanks

you can also verify the pip value of all pairs here

https://www.mataf.net/en/forex/tools/pip-value

the Excel cell link to MT4 live data requires some work to do.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,810
  • May 23, 2019 2:43am May 23, 2019 2:43am
Hallo Malony,

we see you at London Open hour

waiting for you to post something.

Attached Image (click to enlarge)
Click to Enlarge Name: Malony 23-05-2019 15-41-26.png Size: 66 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,811
  • May 23, 2019 2:47am May 23, 2019 2:47am
Quoting VantHarp
Finally Van K. Tharp aka emmanuel7788 has started a new thread. Can anybody guess what that thread is? A tiger can change the jungle but not its stripes. Soon he will start to promote his books, workshops, and ME/ME bs in that thread as well, of course using gazillions of user accounts that he has created from time to time to promote himself.
Right. He cant use the nick emmanuel7788 because everybody would see he cant trade, but scamm.

Thats the reason he will never ever open a thread by himself. Poor person must he be, leading newbies to lose their money for his ego or whatever.

The million dollar trader with the mt4 backtesting. Rofl.

So again newbies be warned of emmanuel7788. Hes not true. Check other traders like Davit for example. They are real and making money in their own threads.

Newbies be warned of emmanuel7788. Hes not true.
  • #95,812
  • May 23, 2019 2:59am May 23, 2019 2:59am
Quoting emmanuel7788
{quote} you can also verify the pip value of all pairs here https://www.mataf.net/en/forex/tools/pip-value the Excel cell link to MT4 live data requires some work to do.
got the formula.

thanks emmanuel
Attached Image (click to enlarge)
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Attached Image
Don't Rush Things, Be PATIENT and Wait For the Best Trade Setup
  • #95,813
  • May 23, 2019 3:01am May 23, 2019 3:01am
Quoting Malony
{quote} Right. He cant use the nick emmanuel7788 because everybody would see he cant trade, but scamm. Thats the reason he will never ever open a thread by himself. Poor person must he be, leading newbies to lose their money for his ego or whatever. The million dollar trader with the mt4 backtesting. Rofl. So again newbies be warned of emmanuel7788. Hes not true. Check other traders like Davit for example. They are real and making money in their own threads.

Hey Malony

We all can read and see that you are still a very unhappy person and trader.

why do you keep mentioning Davit here? He got lots of 'haters' in FF too. Are they all real? are they all making money? How do you know all these and yet you are not making any money on your own and that make you very unhappy.

Go back to see this post by hilmy83: Post#90,331
https://www.forexfactory.com/showthr...3#post11431583

here a screenshot to make that easy for you.

have you not learn anything from that pic taken by hilmy83?

Attached Image (click to enlarge)
Click to Enlarge Name: hilmy83 post 90331 The Happiness Advantage.png Size: 427 KB


book cover below:

Attached Image (click to enlarge)
Click to Enlarge Name: The Happiness Advantage by Shawn Achor.png Size: 188 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,814
  • May 23, 2019 3:04am May 23, 2019 3:04am
Quoting Cj.cn
{quote} got the formula. thanks emmanuel {image} {image}

Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,815
  • May 23, 2019 3:12am May 23, 2019 3:12am
Quoting Cj.cn
{quote} great job. I am learning. thanks very much Cj

Hi Cj

more money to sweep back to my bank ... combining both Lotto model and Insurance model, we generate CASHFlow from our trading trading Big E 5-Method

DO NOT be afraid to trade the Daily and Weekly like Big E posted examples. It is simple, just FOLLOW Post#261 and know Post#647 well.

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP May 23 update 23-05-2019 15-27-32.png Size: 59 KB


Learn from Big E examples, post link below:

Weekly trade examples
#3700
https://www.forexfactory.com/showthr...00#post4582200
#1967
https://www.forexfactory.com/showthr...07#post4605507

Daily trade charts examples
#357
https://www.forexfactory.com/showthr...50#post4577150
#283
https://www.forexfactory.com/showthr...96#post4576096
#4171
https://www.forexfactory.com/showthr...11#post4527311
#3850
https://www.forexfactory.com/showthr...23#post4441523
#3679
https://www.forexfactory.com/showthr...85#post4420885
#3573
https://www.forexfactory.com/showthr...29#post4412229


Have Fun!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,816
  • May 23, 2019 3:19am May 23, 2019 3:19am
May 23 GBPAUD, GBPCAD and GBPNZD continue to sink lower.

But we must be careful today and tomorrow and always trade with stop loss, cut-loss in place.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,817
  • May 23, 2019 3:33am May 23, 2019 3:33am
Quoting Yudax
{quote} Hi, do you find resistance only on yesterdays high or low?
Hi Yudax,

I just read your PM and will reply later.

here example how the OHLC can be use to trade.

on my chart below, those Violet colour lines are MN swing levels using the MN OHLC which remaisn the same for years and I swing trade from one levels to the next level.

when the current market price action is near to any of those levels, I switch to TMS 5-Method trading template and look for Daily and Weekly setup to trade.

you will always find good swing trades when you look at many pairs. I look at 20 pairs and find many trade opportunities every month. But you must do you weekly top down analysis and know every pair market type conditions and prepare a trade plan for every pair.
It is simple but that only comes after you have done the hardwork.

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP May 23 update 999 23-05-2019 15-27-32.png Size: 64 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,818
  • May 23, 2019 5:13am May 23, 2019 5:13am
Quoting emmanuel7788
{quote} @Tekkies, 36 months consistent trading results... is what some people want. for you, it starts with 12 months consistent trading results to show that you can trade and you are not the one misleading people that the TDI is your winning edge. OHLC data you get do not repaint neither it recalculate. and you do not need an indicator for that average. the TDI repaints because of the coding logic by the coder according to the original creator Dean Malone. Was that intentional? I don;t think so. It was coded the way it was supposed to be used back...
Stop basing TDI. This thread is about the TDI. You don't use TDI so why are you posting in this thread? These argument's will never stop until you either start using TDI in your chart's that you post.
---
Your order's are also wrong and misleading to what is use to enter a trades.
- Do not enter on bar 3, 4, 5.............
- The trade's are not limit order's or what ever they maybe that you use. BigE used market order's.
- Your chart might look like the 5 method, the entry's for sure don't comply with BigE's post's.
What confuse members and reader's alike is the conflict of interest.
- Post after post >TDI is lagging.
- Post after post > Use BigE's post to explain "lagging" TDI.

- Either you are for TDI, then your post's reflect that.
- Either you are against TDI and you don't post in this thread.

It does not matter how you spin it or try to justify your post's in this thread.
End of story. Case closed.
  • #95,819
  • May 23, 2019 5:20am May 23, 2019 5:20am
Quoting Tekkies
{quote} Stop basing TDI. This thread is about the TDI. You don't use TDI so why are you posting in this thread? These argument's will never stop until you either start using TDI in your chart's that you post. --- Your order's are also wrong and misleading to what is use to enter a trades. - Do not enter on bar 3, 4, 5............. - The trade's are not limit order's or what ever they maybe that you use. BigE used market order's. - Your chart might look like the 5 method, the entry's for sure don't comply with BigE's post's. What confuse members...
Tek,

Do you trade only DE30?
  • #95,820
  • May 23, 2019 5:24am May 23, 2019 5:24am
Quoting emmanuel7788
{quote} Hi Cj more money to sweep back to my bank ... combining both Lotto model and Insurance model, we generate CASHFlow from our trading trading Big E 5-Method DO NOT be afraid to trade the Daily and Weekly like Big E posted examples. It is simple, just FOLLOW Post#261 and know Post#647 well. {image} Learn from Big E examples, post link below: Weekly trade examples #3700 https://www.forexfactory.com/showthr...00#post4582200...
Hi, emmanuel

post my 1st MEME trade practice.

if have any wrong, pls correct me. thanks

EURAUD H4 MEME Trade

1- Analysis:

Weekly
Trade following the weekly trend.
Weekly trend is up. the last weekly candle is Bullish and Closed above swing high.
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD Weekly - 20190523.png Size: 41 KB

H4
have a signal for long. BUOB+Closed above 5EMA.
I know there is Resistance above it. But that is ok for MEME.
If price go up and break out it, we will add stop order. If not, we will add limit order when price retrace.
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD H4 - 20190523.png Size: 42 KB

2- Plan

  1. 1st entry @1.6230
  2. Total Risk: 2.5%
  3. Per Risk: 0.5%
  4. hard SL @1.6023, 207pips=2*ADR(100)
  5. Pips Distance: 25.9pips, 0.25*ADR(100)

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD MEME Plan - 20190523.png Size: 31 KB

thanks for your guidance。

Cj
Don't Rush Things, Be PATIENT and Wait For the Best Trade Setup
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