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Trading Made Simple

  • #96,321
  • Jun 10, 2019 7:52pm Jun 10, 2019 7:52pm
Quoting Pippopotamus
Demo. One candle late... {image}

Hi Pippopotamus

Very good that you post according to TMS 5-Method core methodology using HA candles and the 5EMA.

Some comments I made on your chart below.
It is only to enter on HA candle #3 as the OP had shown some examples in the past.

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I take a longer term view looking at the Weekly which is undergoing a structure change from trending to sideways.
I prefer to take the side of the buyers on the Daily and wait for a breakout which can happen either ways - Up or Down.
I have banked-in profits from last week and I remain with open basket with 2 positions.

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Click to Enlarge Name: GBPUSD Week 24 BPP Jun 11 11-06-2019 08-35-32.png Size: 41 KB


I am looking at the daily if it closes and trigger 1.2762 to add more buys positions. When that triggers, I will then consider increase my positions size.

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Trade Well.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #96,322
  • Jun 10, 2019 8:01pm Jun 10, 2019 8:01pm
Quoting Tekkies
{quote} You are very late with entry. Should have entered sell trade at the arrow or the bar right side of arrow. {image}

Of course with hindsight anyone can also say it is late.
That TMS Osc arrow only print when there is a cross when the bar closed is confirmed. It does not show the momentum of the real price. Only the next bars shows the price structure - lower high and lower low, but we must wait for a series of LH-LL, LH-LL, to be on the safe side.

But, he followed the OP rules and using his template core components - the HA candles and the 5EMA.

Try to be wise guy making comments ... when you cant trade TMS 5-Method correctly.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #96,323
  • Jun 10, 2019 8:22pm Jun 10, 2019 8:22pm
Quoting Tekkies
Love my training wheels ---- Follow TDI This trade is to show the risk involved when H1 has the correct angle but still need to go 35min to crossover. a Lot can go wrong. - Like bounce trade. - Market can go into consolidation fist in the lower time-frames with will cause H1 to go up and down in the remaining time of that bar. M15 chart - Below resistance level - green angle below 5 - stoch confirm direction H1 chart - Has form a dubbel top - Angle below 5 - Stoch has just confirm direction with a bonus crossover {image}
The daily trend is UP. There is no resistance on M15 seen in the past 5 days / week data. A pull back at price BRN and RN is very common during intraday corrections. The daily trend has been established since the Jun 04 close reversal.

what is your purpose showing the tick data? That has nothing to do with TMS 5-Method. Trying to impress other newbies...and confuse others here.
If you are trading tick data, you can learn from CG and Divergence in this thread: Plan the Trade... link below.
https://www.forexfactory.com/showthread.php?t=582121

H1 Double Top (not dubbel top) is not a Bar Pattern, it is a Chart Pattern to be valid. If you just look at 2 bars, then it can be Double Bars High Lower Close DBHLC to see that as chart pattern in lower timeframes - M5 or M15 as Double Top Chart Pattern. Newbie mistake very common.

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Enjoy riding with your learning wheels, slowly she goes.

My kiddos enjoy their rides one without and the girl she does it slowly and still enjoys it.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #96,324
  • Jun 10, 2019 8:36pm Jun 10, 2019 8:36pm
Quoting Tekkies
Now why don't member's like Emmanuel that love APB so much, post in those threads and stay there? ---- Members or like Tekkies that want use TDI, get's intimidate, harass, ridiculed, insulted on a daily basis. Quit noticeably by one member only. --- Love them training wheels, you hand's are free. (to hold a coke in one hand, hamburger in the other, only peddling is required) - Set TDI to send notification / alarm when a cross-over has occurred on M15, M30............... - Check with M15H1 to validate the cross-over. - Place trade - Walk away or...
To answer Tekkies' question;
Now why don't member's like Emmanuel that love APB so much, post in those threads and stay there?

Answer is simple -
Use your brain!
APB is one of the core components of the OP Big E' TMS 5-Method.
It is clearly stated in Post#261.

<>
The TDI is the heart of our method. It tells you when to enter and where to exit any trades... so review previous posts and learn it good.

HA Candles are important because it makes your trading way less stressful... use them.

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 !

<>

This thread is home to those who use the core components of TMS 5-Method.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #96,325
  • Jun 10, 2019 9:03pm Jun 10, 2019 9:03pm
Quoting emmanuel7788
{quote} This week was a very good week selling the xxxCAD pairs - USDCAD, GBPCAD,AUDCAD and NZDCAD. I did not pick EURCAD becasue of the MN and W1. 3 pairs ran well except NZDCAD. If you look at the various timeframes charts below, you will notice the price behaviour which these pairs have in common. Each pair has its shortern support below but NFP manage to move them lower except NZDCAD got stopped in it track. USDCAD {image} GBPCAD {image} AUDCAD {image} NZDCAD {image} Next week Jun 10 to 14 will still be selling with TMS MEME.

GBPCAD Week 24 Jun11 Trade update:

Will be closing some open positions soon and bank in some money to June account.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #96,326
  • Edited 10:42pm Jun 10, 2019 10:29pm | Edited 10:42pm
Quoting emmanuel7788
{quote} Hi Pippopotamus Very good that you post according to TMS 5-Method core methodology using HA candles and the 5EMA. Some comments I made on your chart below. It is only to enter on HA candle #3 as the OP had shown some examples in the past. {image} I take a longer term view looking at the Weekly which is undergoing a structure change from trending to sideways. I prefer to take the side of the buyers on the Daily and wait for a breakout which can happen either ways - Up or Down. I have banked-in profits from last week and I remain with open...
The TMS reversal candle is a runt that closed within Keltner. A mere cross does not signal an entry. The following candle is also a runt. However, the body closed beyond both Keltner, and MA, and is therefore actionable according to my method with a reduced position size. Had I been awake, I would have put a Sell Stop at low of this candle.
Vincit qui se vincit.
  • #96,327
  • Jun 10, 2019 11:06pm Jun 10, 2019 11:06pm
Quoting emmanuel7788
{quote} USTEC Jun 07 and Jun 10 Follow basic TMS 5-Method rules using the price action of the HA candles and its 5EMA like the OP had laid out in his Post#261. When trading H4, the D1 is the higher timeframe trend. {image} Keep It Simple: Follow the basic rules in Post#261.
Hi Emmanuel,
I see your exit strategy for trading this pairs is closing when appearing opposite crossover on lower timeframe (M5). But it seems that a buy order will be triggered immediately after the previous buy order closed. So what about lot size for the 2nd,3rd or 4th... order? do you smaller lot sizes with the same SL range to make when you hit SL, total net P/L is still positive. Pleae help me to understand more on your money management strategy.
Thank you
  • #96,328
  • Jun 11, 2019 12:38am Jun 11, 2019 12:38am
Quoting lddd
{quote} For sure I understand that. However if you only look what’s happening around the TDI crossover you are missing out the bigger picture. if you look at everything but only talk about the TDI here there is nothing much to learn for me from your posts here, you are right. Everyone should have no problem with spotting a crossover or bounce or two lines on a indicators window.. But if it would be that easy and 6 out of 10 trades would be profitable like that, well... I think I am going to step away from this thread again, there are far to much...
If this is not " straight forward and easy to follow way".

What is?
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  • #96,329
  • Jun 11, 2019 1:05am Jun 11, 2019 1:05am
Quoting emmanuel7788
{quote} @Tekkies In the first place, you do not understand what the market structure is , therefore you do not know what and how to trade. Keep It Simple: Market structure simple, it is what the OP has written in Post#647. https://www.forexfactory.com/showthr...40#post4581540 If you want to learn what professional traders like Mike Baghdady define market structure, then learn what is Price Behaviour. Study those 4 videos on Price Behaviour.... Post#96,275...
WOW
Can you truthfully answer these two questions:
- Where does Market structure get the information from to show you the trader what is the "Market Structure"?
- Where does oscillators get the information to show you the trader those lines / trend/ pivot.
--------
"therefore you do not know what and how to trade."
OK, that is your opinion and you assumption you have made.
While Iddd and I had our little debate yesterday:
- I made in that time span some pips with the information a "lagging oscillator" gave me.
- What did you do with the information your "Market Structure" gave you?
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  • #96,330
  • Jun 11, 2019 1:21am Jun 11, 2019 1:21am
Quoting emmanuel7788
{quote} To answer Tekkies' question; Now why don't member's like Emmanuel that love APB so much, post in those threads and stay there? Answer is simple - Use your brain! APB is one of the core components of the OP Big E' TMS 5-Method. It is clearly stated in Post#261. <> The TDI is the heart of our method. It tells you when to enter and where to exit any trades... so review previous posts and learn it good. HA Candles are important because it makes your trading way less stressful... use them. Stoch's is nothing but confirmation. If Stoch's & the...

Post 96,273 :teach people here by regurgitating with cut-and-paste the OP posts

Are you regurgitating the OP's post Emmanuel?

Quoting emmanuel7788
{quote} The daily trend is UP. There is no resistance on M15 seen in the past 5 days / week data. A pull back at price BRN and RN is very common during intraday corrections. The daily trend has been established since the Jun 04 close reversal. what is your purpose showing the tick data? That has nothing to do with TMS 5-Method. Trying to impress other newbies...and confuse others here. If you...
Follow TDI.
Post#647
Your safest trades will always be when green crosses red and you enter on candle 1 or 2... odds are in your favor. Why? Because I'm expecting 3-8 candles... which is average...
With bounce trades the odds are lower for your success... but it still works.
When wanting to enter a TDI trade... take a moment first to observe basic 4x things... like:
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)
Does Stoch's confirm the TDI signal
Sounds like a lot of stuff but it's basic stuff and only takes a moment to observe it...
The results are in this Post 96,333

Have a nice day Emmanuel.
  • #96,331
  • Jun 11, 2019 1:35am Jun 11, 2019 1:35am
Quoting Tekkies
{quote} Post 96,273 :teach people here by regurgitating with cut-and-paste the OP posts Are you regurgitating the OP's post Emmanuel? {quote} Follow TDI. Post#647 Your safest trades will always be when green crosses red and you enter on candle 1 or 2... odds are in your favor. Why? Because I'm expecting 3-8 candles......

hey Tekkies

here again is Post#261 specially for you and you only... not other people...

read those I highlighted in yellow and that red colour text.

Don't contact Dean Malone about the TDI. The way he uses it for his method is 180 degrees from how we use it... you need to learn how to use it our way...

The TDI is the heart of our method. It tells you when to enter and where to exit any trades... so review previous posts and learn it good.

HA Candles are important because it makes your trading way less stressful... use them.

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 !

Believe it or not you have to participate and think... until it's so second nature... there is nothing to it... it's so simple... don't complicate it or you will lose...

Post#647 is my favourite post too... that is market structure basics

Go and watch those 4 videos, Post#96,275 pay attention to details, open your mind your brain will not fall out.

https://www.forexfactory.com/showthr...2#post12318762
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #96,332
  • Jun 11, 2019 1:41am Jun 11, 2019 1:41am
Quoting Tekkies
{quote} WOW Can you truthfully answer these two questions: - Where does Market structure get the information from to show you the trader what is the "Market Structure"? - Where does oscillators get the information to show you the trader those lines / trend/ pivot. -------- "therefore you do not know what and how to trade." OK, that is your opinion and you assumption you have made. While Iddd and I had our little debate yesterday: - I made in that time span some pips with the information a "lagging oscillator" gave me. - What did you do with the...
hey Tekkies


Can you truthfully answer these two questions: YES see below.

- Where does Market structure get the information from to show you the trader what is the "Market Structure"?

Ans: Open, High, Low and Close OHLC.

- Where does oscillators get the information to show you the trader those lines / trend/ pivot.

Ans: Open, High, Low and Close OHLC.
--------


- What did you do with the information your "Market Structure" gave you?

I trade the price action according to the Price Behaviour I learned from Mike Baghady videos.

See my post above Post#96,323
https://www.forexfactory.com/showthr...9#post12321349

Trade chart below:

Attached Image (click to enlarge)
Click to Enlarge Name: USTEC H4 trades closed Jun 10 11-06-2019 08-01-54.png Size: 77 KB


have fun trading today,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #96,333
  • Jun 11, 2019 1:43am Jun 11, 2019 1:43am
Quoting Pippopotamus
{quote}The TMS reversal candle is a runt that closed within Keltner. A mere cross does not signal an entry. The following candle is also a runt. However, the body closed beyond both Keltner, and MA, and is therefore actionable according to my method with a reduced position size. Had I been awake, I would have put a Sell Stop at low of this candle.

Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #96,334
  • Jun 11, 2019 1:58am Jun 11, 2019 1:58am
Quoting emmanuel7788
{quote} hey Tekkies Can you truthfully answer these two questions: YES see below. - Where does Market structure get the information from to show you the trader what is the "Market Structure"? Ans: Open, High, Low and Close OHLC. - Where does oscillators get the information to show you the trader those lines / trend/ pivot. Ans: Open, High, Low and Close OHLC. -------- - What did you do with the information your "Market Structure" gave you? I trade the price action according to the Price Behaviour I learned from Mike Baghady videos. See my post above...
Good
Then Market Structure is also lagging the price like indicators are lagging the price.
You use Market Structure.
I use TDI.
End of story.
-----
I follow TDI. I use the "training wheels" because I understand it. Try to ridicule me or what I use only show that your post's are trolling and bickering. Please try and act like an adult and stop the childish behavior.
----
One for the book
Follow TDI
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  • #96,335
  • Jun 11, 2019 1:58am Jun 11, 2019 1:58am
Quoting hikaru259
{quote} Hi Emmanuel, I see your exit strategy for trading this pairs is closing when appearing opposite crossover on lower timeframe (M5). But it seems that a buy order will be triggered immediately after the previous buy order closed. So what about lot size for the 2nd,3rd or 4th... order? do you smaller lot sizes with the same SL range to make when you hit SL, total net P/L is still positive. Pleae help me to understand more on your money management strategy. Thank you

Hi,

Anything can happen in the market.

So I use profit lock 0.25ADR and whenever there is minimum floating profit 0.25ADR in all open positions and there is a TDI M5 cross , I would exit and take profit. Re-entry open new position to start the next basket is optional if the trend is intact.

I use money risk as in my Trade Plan 2018/2020. For example, I allocate $5000 to trade one pair and instead of placing one single entry order, I trade with smaller positions smaller lots. Look at the price chart and use an initial stop loss for trade position sizing. You can use the same fixed lot size for Pos 2,3,4,.. but I use scaled position size with lot in increment based on my maximum risk of $2,500 , 50% of the allocated amout $5,000.

Based on last week bullish close, this week is Buy with initial SL at previous 2 weeks Low... which is last week' low.

Can you identify the market structure on this weekly chart below?
- momentum high,
- pull back to major support of the previous thrust bar

Attached Image (click to enlarge)
Click to Enlarge Name: USTEC Week 24 Jun 11 W1 update 11-06-2019 14-53-41.png Size: 22 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #96,336
  • Jun 11, 2019 2:07am Jun 11, 2019 2:07am
Quoting Tekkies
{quote} Good Then Market Structure is also lagging the price like indicators are lagging the price. You use Market Structure. I use TDI. End of story. ----- I follow TDI. I use the "training wheels" because I understand it. Try to ridicule me or what I use only show that your post's are trolling and bickering. Please try and act like an adult and stop the childish behavior. ---- One for the book Follow TDI {image}

hey Tekkies

You simply do not understand what Market Structure is...PERIOD.

You also do not understand what the TDI is. You think you do but you don't.

There is a clear distinction between being silly and being stupid. In your case, you are being both.

Posting only winning trades is cherry picking. You are not profitable and you are struggling with consistency, these you already admitted many months ago in 2018.
You do not have any winning edge. To have a winning edge, show us you have 36 months consistent profits. Start with 3 months, then 4 months , then 5 months,...
until you have achieved 36 months consistent profitability then you have probably a winning edge trading.
Nobody should believe you until we see some evidence of your trading CONSISTENCY.

Keep those training wheels for a bit longer .... and when you lose them your chances to achieve CONSISTENCY would be better.

Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #96,337
  • Jun 11, 2019 2:08am Jun 11, 2019 2:08am
Tekkies, why don't you just show your account balance and equity progression in the last 12 months?
It's not over, until I win.
  • #96,338
  • Jun 11, 2019 2:17am Jun 11, 2019 2:17am
Quoting ItaTrader93
Tekkies, why don't you just show your account balance and equity progression in the last 12 months?

many asked for this... never got an honest reply from her.

let see what her lame excuse this time is like.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #96,339
  • Jun 11, 2019 2:22am Jun 11, 2019 2:22am
Quoting emmanuel7788
{quote} many asked for this... never got an honest reply from her. let see what her lame excuse this time is like.

Never got an honest reply from you on the same question either. So stop being a hypocrite.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #96,340
  • Jun 11, 2019 2:24am Jun 11, 2019 2:24am
Quoting emmanuel7788
GBPUSD Jun 10 M20 TMS 5-Method setup in progress {image} also COWABUNGA reversal setup candle

GBPUSD Jun 10 POMO that was MT5 20-minutes chart timeframe.

that setup did not make a profitable trade...
there was UK GDP at 09:30am,

that setup candle was 09:20am.

market reaction was bearish ... candle close at 0940 am was very strong bearish momentum.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Jun 10 M20 POMO news event 11-06-2019 07-32-51.png Size: 65 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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