{quote} Read post #15 Google the name that you see there, you can download everything from there.
I didn't look into that indicator because I thought my ordinary HA candles was enough. Thanks for helping out.
I didn't look into that indicator because I thought my ordinary HA candles was enough. Thanks for helping out.
- #96,822
- Jun 22, 2019 4:32am Jun 22, 2019 4:32am
- Joined Nov 2008 | Status: Trader | 50,214 Posts
May I ask how the Stochastic 8,3,3 was used in this strategy in the beginning, and is it still in use? I've seen it in some charts, while others don't seem to use it. I've read the first 10-20 pages of this thread and maybe the 10 last pages also. Sorry for asking if someone is offended.
If you want to know the history of the Stochastics(8,3,3) in this Trading Made Simple thread, then you must read snarlyjack's Post#110 replay below:
----
Eelfranz,
THIS HISTORY SHOULD BE PLACED ON PAGE #1.
Here is a brief history of the "Trading made simple by Eelfranz".
When I first met Eelfranz we were studying the system "The
Stochastics Secrets 9-1-2008 by Red Trader". We were evaluating
all the possible ways of trading using Stochastics.
Which led to Craig Harris method 12-11-2009 of different possible
ways of using the Stochastics. Basically stochastics 8-3-3 using
a 15 minute chart with support and resistance.
Which led us to Synergy System with Dean Malone 1-1-2010. And
the finding of the TDI (Traders Dynamic Index) as the main indicator
not the stochastics. Using the stochastic as a secondary indicator.
Also using 1 hour, 4 hour daily charts. Which was new to me because
I was using the 5 minute and 15 minute charts.
Which led to the 5 system (Eelfranz) 1-1-2011 which is the
Trading Made Simple System on the main Forex Factory System
Section. Which is using the TDI indicator as the main indicator
not stochastics with the Ema 5 (typical) shift +3.
So in my mind 9-1-2008 to today 4-26-2011 (2 1/2 years in the making)
all in the search of greater profits with a simple system that is easy
to understand. We are here sharing with our fellow traders at Forex
Factory what we have come up with to be more successful.
If anyone in the future... is interested they can go to the
search function and search our posts starting with Red Trader and
the secrets of stochastics. In my mind this system has been a long
time in the making with hundreds of posts. We felt that it would
be easier for everyone to start a new heading on page 1 without having
to go through hundreds of old posts starting 9-1-2008.
Also I would like to thank Eelfranz for this wonderful learning journey
2 1/2 years and counting. Someone told me "how long is that string
that your pulling on at forex factory in the learning process". For me
it's been 2 1/2 years and still going strong. I've always had the
position of learn as much as you can because the economy is falling
apart and this just might be your next fulltime job so you better
learn. Also forex factory members have been great. Traders learning
from traders free...what could be better...
So once again a big Thank You to everyone and now you know!!!
snarlyjack
-----
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #96,823
- Jun 22, 2019 4:36am Jun 22, 2019 4:36am
- Joined Nov 2008 | Status: Trader | 50,214 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #96,824
- Jun 22, 2019 4:45am Jun 22, 2019 4:45am
- Joined Nov 2008 | Status: Trader | 50,214 Posts
{quote} Sure.Come on Emanuelle0000 tell more of your lies. Who was you broker in 82? Where did you get you start capital from? Should be pretty hard for an 30 year old asian getting some kilo bucks back in the days. Right? What floor you traded on? Rofl Man your desire for attention must drive you crazy. Lying about hard diseases like schizophrenia tells books, books...
hey Malony
I was not talking about retail spot forex trade in 1982. There was none back then. I was talking about trading the stock markets in 1982 when I made my first investment trade with my own money.
But I did my first forex trade much earlier ... it was in 1978 when I travelled overseas for holidays with my family members. I had to trade my local currency for USD so that I can pay the hotel in USD when I am overseas in those days .... they were known as moneychangers.
I think in 1982 you were still running around wearing your diapers...
Good luck next week when you trade. Remember it is last trading week of the month and we are as usual 'shadow trading' the MN candle.
Have fun! Be happy!
Happiness is an advantage.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #96,825
- Jun 22, 2019 6:53am Jun 22, 2019 6:53am
{quote} hey Malony I was not talking about retail spot forex trade in 1982. There was none back then. I was talking about trading the stock markets in 1982 when I made my first investment trade with my own money. But I did my first forex trade much earlier ... it was in 1978 when I travelled overseas for holidays with my family members. I had to trade my local currency for USD so that I can pay the hotel in USD when I am overseas in those days .... they were known as moneychangers. I think in 1982 you were still running around wearing your diapers......
Hey loser,
here we go again. Everytime you caught lying you trying to creap out. Whats wrong with you? Everybody here sees and know that. Are you a masochist?
So where did you get the kilobucks for the stockexchange? Hu? What floor you traded what stock? On the chicken noodle plaza?
Wait i know what comes next. You put 5 Cents on a stock. Thats what you call trading. Dont you? Poor man.
Newbies be warned of emmanuel7788. Hes not true.
- #96,827
- Jun 23, 2019 5:08am Jun 23, 2019 5:08am
- Joined Nov 2008 | Status: Trader | 50,214 Posts
Read, study, take notes and learn ... different market conditions different use of Stoch(8,3,3) and TDI.
Post#1
Stochastics (8,3,3) indicator. It is ONLY used to confirm direction. Nothing else.
Post#261
Stoch's is nothing but confirmation. If Stoch's & the TDI give different signals...
Post#647
How does the momentum look right now (12-2, 4-6)
Does Stoch's confirm the TDI signal
Post#1253
When Stoch's does not confirm the TDI direction... stay out and find another trade... Here... TDI down - Stoch's up
Post#1718
Did Stoch's confirm the TDI signal between the 20-80 lines...?
Review GBPJPY June 11 to 21 H1
lots of examples which you can learn to spot on your own.
Note, the TDI Post#25 is actually what you would see without refreshing your chart. Once you refresh your chart, it will be repainted.
We trade what we see in live market price charts and take the trades as we see them.
Post#1
Stochastics (8,3,3) indicator. It is ONLY used to confirm direction. Nothing else.
Post#261
Stoch's is nothing but confirmation. If Stoch's & the TDI give different signals...
Post#647
How does the momentum look right now (12-2, 4-6)
Does Stoch's confirm the TDI signal
Post#1253
When Stoch's does not confirm the TDI direction... stay out and find another trade... Here... TDI down - Stoch's up
Post#1718
Did Stoch's confirm the TDI signal between the 20-80 lines...?
Review GBPJPY June 11 to 21 H1
lots of examples which you can learn to spot on your own.
Note, the TDI Post#25 is actually what you would see without refreshing your chart. Once you refresh your chart, it will be repainted.
We trade what we see in live market price charts and take the trades as we see them.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #96,829
- Jun 23, 2019 5:03pm Jun 23, 2019 5:03pm
- Joined Nov 2008 | Status: Trader | 50,214 Posts
GBPJPY Jun 24 Sydney session open
When Stoch(8,3,3) and TDI do not agree ...
note the price gap between last Friday Close and today NY Open.
wait for the next opportunity ... but you know at this point in time what to look for since the H1 Stoch is above the 80-level.
When Stoch(8,3,3) and TDI do not agree ...
note the price gap between last Friday Close and today NY Open.
wait for the next opportunity ... but you know at this point in time what to look for since the H1 Stoch is above the 80-level.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #96,830
- Jun 23, 2019 5:41pm Jun 23, 2019 5:41pm
- Joined Nov 2008 | Status: Trader | 50,214 Posts
The whole purpose of trading is to make money.
When I missed a TMS 5-Method trade, I can look at other TMS variations like Mehdi343's Method#1 and Method#2.
GBPJPY Jun 24 H1 M#2
note the Stoch(14,3,3) crosses above its 50-level
and also what Big E said about RSI(13) crosses its 50-level.
check the price action and where recent support & resistance are.
what if scenarios?
what if this fails and turns around after making a swing high? can you spot the swing high if that happens?
what if this breaks higher and make a momentum high then consolidates? what shall you do in a H4 consolidation?
what if ....
When I missed a TMS 5-Method trade, I can look at other TMS variations like Mehdi343's Method#1 and Method#2.
GBPJPY Jun 24 H1 M#2
note the Stoch(14,3,3) crosses above its 50-level
and also what Big E said about RSI(13) crosses its 50-level.
check the price action and where recent support & resistance are.
what if scenarios?
what if this fails and turns around after making a swing high? can you spot the swing high if that happens?
what if this breaks higher and make a momentum high then consolidates? what shall you do in a H4 consolidation?
what if ....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #96,831
- Jun 23, 2019 6:04pm Jun 23, 2019 6:04pm
- Joined Nov 2008 | Status: Trader | 50,214 Posts
TMS Monitor Jun 24 Tokyo session
I get an alert on AUDJPY H1 and H4 ,
I have written my trade plan for AUDJPY this week, now I go and check all my templates ... and decide to take that trade.
H4 slope 5 is good and the PA is great!
I get an alert on AUDJPY H1 and H4 ,
I have written my trade plan for AUDJPY this week, now I go and check all my templates ... and decide to take that trade.
H4 slope 5 is good and the PA is great!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #96,832
- Jun 23, 2019 10:42pm Jun 23, 2019 10:42pm
- Joined Nov 2008 | Status: Trader | 50,214 Posts
GBPJPY Jun 24 H4
the last H4 PA looks good .. it made higher higher with higher Close.
good for add-on buy position
we shall see what the reaction at BRN 137.00 is like...
.. 
the last H4 PA looks good .. it made higher higher with higher Close.
good for add-on buy position
we shall see what the reaction at BRN 137.00 is like...
.. 
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #96,833
- Jun 24, 2019 1:14am Jun 24, 2019 1:14am
- Joined Nov 2008 | Status: Trader | 50,214 Posts
GBPJPY Jun 24 H1 LO candle
example TDI confirms the Stoch(8,3,3)
Post#96,832
https://www.forexfactory.com/showthr...4#post12345424
example TDI confirms the Stoch(8,3,3)
Post#96,832
https://www.forexfactory.com/showthr...4#post12345424
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #96,834
- Jun 24, 2019 1:26am Jun 24, 2019 1:26am
- Joined Nov 2008 | Status: Trader | 50,214 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #96,835
- Jun 24, 2019 3:58am Jun 24, 2019 3:58am
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
Add trades to winning entries, not to losing entries. No multiple templates, no gimmick-ware....no bullshit.....
Doing what you like is Freedom. Liking what you do is Happiness.
- #96,837
- Jun 24, 2019 4:11am Jun 24, 2019 4:11am
- Joined Nov 2008 | Status: Trader | 50,214 Posts
{quote} Keep It Simple: Follow Post#261 and Trade the Daily and Weekly chart timeframes. Use the APB/HA candle, follow its average price, follow its price action. use both the Lotto model and Insurance model to create your own CashFlow model and keep the money flowing in week after week after week. {image}
EURGBP Week 26 END OF MONTH
Thought I provide you folks with an update while it is end of month closing this week.
Another profitable week for this pair. Will close all baskets and walk away ...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #96,838
- Jun 24, 2019 4:14am Jun 24, 2019 4:14am
- Joined Apr 2007 | Status: vincit qui se vincit | 6,251 Posts
Vincit qui se vincit.
- #96,839
- Jun 24, 2019 4:20am Jun 24, 2019 4:20am
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
Doing what you like is Freedom. Liking what you do is Happiness.