To free Gazans of Hamas, use whatever it takes.
- #97,162
- Jul 9, 2019 10:17am Jul 9, 2019 10:17am
- | Membership Revoked | Joined Jun 2011 | 9,885 Posts
You don’t have to be stuck making entries on a single chart!
You don’t have to be afraid of making entries on m5, m15, m30, H1.
Chart copied from post #97164 and left cropped.
The blue rectangle marks a very small rally on H4. After that was a nice down continuation that met the TMS rules for a sell. When that down leg ends, either by a definite up move of several blue bars or a sideways move, what to do next? If you have an H8 chart, check that, otherwise, check D1 to see which direction it is trending; this is the preferred direction for your entries.
If the preferred direction is till down, then look at m5, m15, m30, H1. Looking at H1 and working back, find the chart that is starting a rally; this is your focus chart. If smaller charts are also making a rally, ignore them. Watch for the rally on your focus chart to end so you can look for a TMS sell entry. While watching your focus chart, ALSO WATCH THE NEXT HIGHER CHART! If it ALSO starts a rally before your focus chart ends its rally, then make this bigger chart your focus chart. So again, watch your focus chart to end its rally so you can look for a TMS sell entry.
Really, easy to be entering on a chart with HIGH PROBABILITY of making a winning trade, no? 
You don’t have to be afraid of making entries on m5, m15, m30, H1.
Chart copied from post #97164 and left cropped.
The blue rectangle marks a very small rally on H4. After that was a nice down continuation that met the TMS rules for a sell. When that down leg ends, either by a definite up move of several blue bars or a sideways move, what to do next? If you have an H8 chart, check that, otherwise, check D1 to see which direction it is trending; this is the preferred direction for your entries.
If the preferred direction is till down, then look at m5, m15, m30, H1. Looking at H1 and working back, find the chart that is starting a rally; this is your focus chart. If smaller charts are also making a rally, ignore them. Watch for the rally on your focus chart to end so you can look for a TMS sell entry. While watching your focus chart, ALSO WATCH THE NEXT HIGHER CHART! If it ALSO starts a rally before your focus chart ends its rally, then make this bigger chart your focus chart. So again, watch your focus chart to end its rally so you can look for a TMS sell entry.
Really, easy to be entering on a chart with HIGH PROBABILITY of making a winning trade, no?
To free Gazans of Hamas, use whatever it takes.
- #97,163
- Jul 9, 2019 9:30pm Jul 9, 2019 9:30pm
- Joined Apr 2007 | Status: vincit qui se vincit | 6,251 Posts
Vincit qui se vincit.
- #97,164
- Jul 10, 2019 5:37am Jul 10, 2019 5:37am
Time to go down. - Those wicks on H1 is to long. - M15 angle is below 5 {image} edit: breakeven {image} Enough post's for one day.
Hi Tekkies,
Its been a while since im here.
I am just visiting and see you still around posting trades and thought gonna say hi.
This trade really doesnt change my friend.
I hope you still killing it like you always did long time ago hehe
Cheers!
Ask, and it is given. Every single time, no exceptions.
- #97,165
- Jul 14, 2019 7:34am Jul 14, 2019 7:34am
- Joined Nov 2008 | Status: Trader | 50,214 Posts
Following Big E's posts on trading the Weekly and Daily chart timeframes and reverting back to the origin Fozzy-RSI has been the best decision in 2007.
I only replaced the TDI using RSI(13) with my own Fozzy-RSI and my results from 2018 and 2019 is below.... not a single losing months in 2018 and 2019 6 months consistent wins and July so far only 10 trading days hit 25%.
Big E ' post on:
Weekly trade examples
#700
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
I only replaced the TDI using RSI(13) with my own Fozzy-RSI and my results from 2018 and 2019 is below.... not a single losing months in 2018 and 2019 6 months consistent wins and July so far only 10 trading days hit 25%.
Big E ' post on:
Weekly trade examples
#700
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
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #97,166
- Jul 14, 2019 7:41am Jul 14, 2019 7:41am
- Joined Nov 2008 | Status: Trader | 50,214 Posts
DE30 Week 28 July 08 to 12 review
what did you missed?
a classic TMS 5-Method setup candle on Daily that was Monday Jul 08 and followed by consecutive bearish days.
And H4, HA candles price action remained below its 5EMA, Typical Price, Shift+3... sell only. Follow simple basic rules Post#261
Lots of 'false' TDI signals in the M15 which were against the higher timeframe H4.
what did you missed?
a classic TMS 5-Method setup candle on Daily that was Monday Jul 08 and followed by consecutive bearish days.
And H4, HA candles price action remained below its 5EMA, Typical Price, Shift+3... sell only. Follow simple basic rules Post#261
Lots of 'false' TDI signals in the M15 which were against the higher timeframe H4.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Following Big E's posts on trading the Weekly and Daily chart timeframes and reverting back to the origin Fozzy-RSI has been the best decision in 2007. I only replaced the TDI using RSI(13) with my own Fozzy-RSI and my results from 2018 and 2019 is below.... not a single losing months in 2018 and 2019 6 months consistent wins and July so far only 10 trading days hit 25%.
Following Big E's posts on trading the Weekly and Daily chart timeframes and reverting back to the origin Fozzy-RSI has been the best decision in 2007. I only replaced the TDI using RSI(13) with my own Fozzy-RSI and my results from 2018 and 2019 is below.... not a single losing months in 2018 and 2019 6 months consistent wins and July so far only 10 trading days hit 25%.
- #97,169
- Jul 14, 2019 9:54am Jul 14, 2019 9:54am
- | Membership Revoked | Joined Jun 2011 | 9,885 Posts
To free Gazans of Hamas, use whatever it takes.
- #97,170
- Jul 14, 2019 10:00am Jul 14, 2019 10:00am
Following Big E's posts on trading the Weekly and Daily chart timeframes and reverting back to the origin Fozzy-RSI has been the best decision in 2007. I only replaced the TDI using RSI(13) with my own Fozzy-RSI and my results from 2018 and 2019 is below.... not a single losing months in 2018 and 2019 6 months consistent wins and July so far only 10 trading days hit 25%.
Impressive Result... mistakenly i clicked other thumb ... I am sorry for that..now I clicked thumbs up
- #97,171
- Jul 14, 2019 6:40pm Jul 14, 2019 6:40pm
- Joined Nov 2008 | Status: Trader | 50,214 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #97,172
- Jul 14, 2019 6:47pm Jul 14, 2019 6:47pm
- Joined Nov 2008 | Status: Trader | 50,214 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #97,173
- Jul 14, 2019 7:05pm Jul 14, 2019 7:05pm
- Joined Nov 2008 | Status: Trader | 50,214 Posts
{quote} Could you please share a copy of the RSI template that you used? Thanks.
Hi,
You can simply use the common indicator provided in any trading platform and not rely on any customs indicator.
Place the standard RSI on to a new chart and select the period you want. The default is period 14 ...RSI(14). Big E used the Synergy default RSI(13).
Then you can drop a MovingAverage (period 2, Exponential) on to the same RSI sub-window and apply that MA to the RSI(13) data. This would create the Fozzy-RSI which is what the TDI is.
Below is my example which I use the RSI(8) with MA(8) applied to the RSI(8) data on Daily chart timeframe.
Note 1) the RSI levels 30, 50 and 70.
Note 2) the use of the APB/HA candles
Note 3) the 5EMA Typical Price, Shift+3 on the price chart which is an important criteria how to pick my trades.
Other traders for example the advance Synergy Pro traders uses the RSI(10) with EMA(2) plus other technical conditions.
You can compare these with the older Synergy default RSI(13) and EMA(2)
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #97,174
- Jul 15, 2019 1:36am Jul 15, 2019 1:36am
Following Big E's posts on trading the Weekly and Daily chart timeframes and reverting back to the origin Fozzy-RSI has been the best decision in 2007. I only replaced the TDI using RSI(13) with my own Fozzy-RSI and my results from 2018 and 2019 is below.... not a single losing months in 2018 and 2019 6 months consistent wins and July so far only 10 trading days hit 25%.
Thank you
- #97,175
- Jul 15, 2019 3:02am Jul 15, 2019 3:02am
- Joined Nov 2008 | Status: Trader | 50,214 Posts
{quote} Wow, congratz to your awesome results. Can you share for me which pairs you traded in week 1+2 of July 2019, some images as below will help me a lot when you will go in and out. Thank you {image}
The pairs traded in the frist 2 weeks of July are shown in that summary above.
And here is my current trades ... AUDUSD D1 swing trades open last week.
The setup was simple - PA reversal bar/candle with Stoch(8,3,3) confirmation ,
- Stoch(14,3,3) crosses it 50-level Medhi343' Method#2 and
- RSI(8) crosses MA(8) and also its 50-level.
- Stick to using the APB/HA candles price action and use the 5EMA Typical Price, Shift+3 for direction.
I only replaced the TDI and revert back to using the Fozzy-RSI.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #97,176
- Jul 15, 2019 3:27am Jul 15, 2019 3:27am
DE30 Week 28 July 08 to 12 review what did you missed? a classic TMS 5-Method setup candle on Daily that was Monday Jul 08 and followed by consecutive bearish days. {image} And H4, HA candles price action remained below its 5EMA, Typical Price, Shift+3... sell only. Follow simple basic rules Post#261 Lots of 'false' TDI signals in the M15 which were against the higher timeframe H4. {image}
Unable to identify S/R. And now not able to count to three. Mhh Emm0000 what number of candle was that "classic TMS candle" on your painting? And on what candle we enter according to BIG E rules? Right, sit down you failed again.
Newbies be warned of emmanuel7788. Hes not true.
- #97,177
- Jul 15, 2019 3:29am Jul 15, 2019 3:29am
Following Big E's posts on trading the Weekly and Daily chart timeframes and reverting back to the origin Fozzy-RSI has been the best decision in 2007. I only replaced the TDI using RSI(13) with my own Fozzy-RSI and my results from 2018 and 2019 is below.... not a single losing months in 2018 and 2019 6 months consistent wins and July so far only 10 trading days hit 25%.
May I ask you to make a very clear and explicit post to explain how you reach such results that only a very few people can show ?
But please be very educational (no acronyms , no shortcuts ,in plain English please etc...) and explain us if :
- these results are done on one or several accounts , real or Demo etc...?
- what is (are) the strategies followed ?
- do you use your famous MEME way of money management ?
-is the example given of a dayly trade really representative or better give one with explanations if it concerns other timeframes ?
Etc... In fact , my question : to make such results , here is what you did !
You are able to make such great posts to explain the way to understand "Fozzy RSI" and we must thank you for doing so but explaining how to reach such incredible results , believe me , is way more important !
- #97,178
- Edited 1:55pm Jul 15, 2019 3:51am | Edited 1:55pm
- Joined Nov 2008 | Status: Trader | 50,214 Posts
{quote} Unable to identify S/R. And now not able to count to three. Mhh Emm0000 what number of candle was that "classic TMS candle" on your painting? And on what candle we enter according to BIG E rules? Right, sit down you failed again.
hey Malony
Read Post#261 and Post#647 below. Learn these well. Study old charts and you will learn quicker. Like Big E once said:
<quote> Post#296
Learning to trade is a lifetime process. Develop a trading system that fits you and practice, practice, practice. When your confident... go live.
Learn to tweek your strategy to stay up with changing market conditions. If your mentally burned out, take a week off.
Take your time to learn how to trade. Newbies want to trade live right off the bat... and I thank you for all those pips you paid for... that I get to keep. Take the time to enjoy the learning experience. There is no hurry... only in your mind.
<unquote>
Post#261
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
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...
If you don't already know these things... don't trade live yet... www.babypips.com is a good place to learn about the basics of trading 4X
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #97,179
- Jul 15, 2019 4:13am Jul 15, 2019 4:13am
- Joined Nov 2008 | Status: Trader | 50,214 Posts
{quote} Congratulations Emmanuel for these astonishing results ! May I ask you to make a very clear and explicit post to explain how you reach such results that only a very few people can show ? But please be very educational (no acronyms , no shortcuts ,in plain English please etc...) and explain us if : - these results are done on one or several accounts , real or Demo etc...? - what is (are) the strategies followed ? - do you use your famous MEME way of money management ? -is the example given of a dayly trade really representative or better...
First start with these Big E old posts:
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....
I'm going to do a test on the Daily charts. When green crosses red I'll stay in until green crosses red again. I'll report the results in a week or so...I'll only enter if the candles are medium length or larger... wish me luck ...
Instead of following Big E' money management risking 15% to 30% of $10k on one single trade entry, I break it down to trading smaller lots and multiple entries using average entry price in one basket of trades.
I leverage on trading several pairs in the same account for example trading initially up to 5 pairs from my group of 20 pairs, picking only one pairs from each of the 5 groups. This is to avoid trading same correlated pairs and risking going wrong all at the same time. For example when you want to trade a $50k account, you can allocate $10k per currency pair and the same risk say maximum 30%.
As your account grow, you can add on and trade more pairs but always keep the limit risk amount per pair to the same for example if you allocate $10k per currency pair traded. This way, you can grow your account slowly initially and then exponentially when you compound your profits consistently over a period of 12 to 36 months.
Hope this is clear enough.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett