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Trading Made Simple

  • #97,661
  • Aug 27, 2019 5:01am Aug 27, 2019 5:01am
Quoting Vic80
It moved against me but I consider it was the right set up at the begining. Also there is divergence in the D timeframe. I'm still in. {image}
Vic stay away from divergence. It was never used in this thread by BigE.
Something you can keep in mind when you want to use divergence. Replace MACD with TDI.
From: Post 4
For instance, let's look at your standard MACD TDI setting of 12/26/9. First of all, do you even know what those settings are measuring? Is your trading plan designed to trade when the 12 moving average crosses the 26 moving average? That is what a 0 line cross would signal. This setting is so screwed up they have invented a whole new indicator to measure what they call divergence, lol, which means the MACD TDI has stopped functioning properly and we are going to use that as a signal somehow. Okay, whatever. When the MACD TDI goes into "divergence", it means it has signaled a change in direction, but the price is not reacting to the signal. The MACD TDI says sell, but price keeps going up. The MACD TDI says buy, but price keeps going down. The really cool, or incredibly bad thing concerning divergence is that it is an after-the-fact observation. Like so many gurus like to do, they will show you historical charts and show you divergence and how you "COULD" have profited. Hocus pocus. It does you very little good when it is actually happening. So, why would you use a broken indicator setting? I have no idea. Do you?
  • #97,662
  • Aug 27, 2019 5:04am Aug 27, 2019 5:04am
Quoting emmanuel7788
{quote} @Tekkies, Read Post#1 .... and continue on till Post#12,912 <> Do not think you can trade with us without reading the thread and taking notes. READ & STUDY. <> you will find answers to all your own doubts and questions.
Show Vic80 / members / readers a post or a post with chart in this thread by BigE using RSI(13) MA(2)
  • #97,663
  • Aug 27, 2019 5:14am Aug 27, 2019 5:14am
Quoting Tekkies
{quote} Show Vic80 / members / readers a post or a post with chart in this thread by BigE using RSI(13) MA(2)

Here is the OP's last training chart

Post#10,736
https://www.forexfactory.com/showthr...55#post4911355

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its the green line RSI(13)MA(2)
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #97,664
  • Aug 27, 2019 5:27am Aug 27, 2019 5:27am
Quoting emmanuel7788
{quote} Here is the OP's last training chart Post#10,736 https://www.forexfactory.com/showthr...55#post4911355 {image} its the green line RSI(13)MA(2)
Nice try Emmanuel.
Chart shows this:
Attached Image
  • #97,665
  • Aug 27, 2019 5:50am Aug 27, 2019 5:50am
Quoting Tekkies
{quote} Nice try Emmanuel. Chart shows this: {image}

and your own Post#67,395
https://www.forexfactory.com/showthr...94#post8834594

explains what the TDI is, right?

Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #97,666
  • Aug 27, 2019 5:57am Aug 27, 2019 5:57am
Quoting Tekkies
{quote} Vic stay away from divergence. It was never used in this thread by BigE. Something you can keep in mind when you want to use divergence. Replace MACD with TDI. From: Post 4 For instance, let's look at your standard MACD TDI setting of 12/26/9. First of all, do you even know what those settings are measuring? Is your trading plan designed to trade when the 12 moving average crosses the 26 moving average? That is what a 0 line cross would signal. This setting...
Hey Folks,

No, you don't need to replace the MACD with TDI. Bad idea by Tekkies.

You can replicate the TDI(13,2,34,2,0,7) with MACD(2,13,7) not the default (12,26,9).

You can use the TDI in Post#25 which is basically a version of the Fozzy-RSI.

Study this book and you will learn about divergence using the TDI or Fozzy-RSI.

RSI: The Complete Guide by John Hayden [download]

RSI: The Complete Guide by John Hayden [download]

The Truth about Divergence ... read Chapter 4 Page 65

Trend Determination using the RSI (TDI) Post#26,774
[download]
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #97,667
  • Aug 27, 2019 6:16am Aug 27, 2019 6:16am
Quoting emmanuel7788
{quote} Hey Folks, No, you don't need to replace the MACD with TDI. Bad idea by Tekkies. You can replicate the TDI(13,2,34,2,0,7) with MACD(2,13,7) not the default (12,26,9). You can use the TDI in Post#25 which is basically a version of the Fozzy-RSI. Study this book and you will learn about divergence using the TDI or Fozzy-RSI. RSI: The Complete Guide by John Hayden [download] RSI: The Complete Guide by John Hayden [download]...
Can you please show where I posted that TDI must be replaced with MACD?
"Replace MACD with TDI"
That sentence means that MACD is to be replaced with TDI. Do you also lack reading skills Emmanuel?

Take note that MACD is crossed out and replaced with TDI. Do you also lack comprehension skills Emmanuel?
Post 4 is used how a member see how divergence is counter productive to what MACD is doing

In similar circumstance that is what happens when divergence is used with TDI.
  • #97,668
  • Aug 27, 2019 6:32am Aug 27, 2019 6:32am
Quoting emmanuel7788
{quote} and your own Post#67,395 https://www.forexfactory.com/showthr...94#post8834594 explains what the TDI is, right? {image}
Those are setting for TDI.
------
You posted this Emmanuel: RSI(13) MA(2) to confirm the REVERSAL CANDLE

Now show Vic80 how you do that by putting a standard RSI(13) and standard MA(2) on a chart to confirm that reversal candle.
  • #97,669
  • Aug 27, 2019 6:38am Aug 27, 2019 6:38am
Quoting Tekkies
{quote} Those are setting for TDI. ------ You posted this Emmanuel: RSI(13) MA(2) to confirm the REVERSAL CANDLE Now show Vic80 how you do that by putting a standard RSI and 2 standard MA's on a chart to confirm that reversal candle.
@Tekkies

read and study Big E Post#261

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and this below,

here is Post#5 read it again

Divergence,

That was just one of many methods we discussed. Folks were getting confused by mixing up rules from different methods so this thread will only be about the 5 method.

and the read Post#336

Those wanting more examples go to Forum: Commercial, then Craig Harris Stochastics Method... then start reading on page 246, post 3676 to the end... you will learn more fast... We switched from there to only discuss this method in the new forum...

now do not confuse with the title of the old thread. It started as GBPUSD M15 and that was changed by FF Admin to Craig Harris Stochastics Method for obvious reason when you read that thread you would know why.

https://www.forexfactory.com/showthr...92#post3308792
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #97,670
  • Aug 27, 2019 6:43am Aug 27, 2019 6:43am
Quoting Tekkies
{quote} Can you please show where I posted that TDI must be replaced with MACD? "Replace MACD with TDI" That sentence means that MACD is to be replaced with TDI. Do you also lack reading skills Emmanuel? Take note that MACD is crossed out and replaced with TDI. Do you also lack comprehension skills Emmanuel? Post 4 is used how a member see how divergence is counter productive to what MACD is doing In similar circumstance that is what happens when divergence is used with...
Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #97,671
  • Aug 27, 2019 7:33am Aug 27, 2019 7:33am
Quoting emmanuel7788
{quote} @Tekkies read and study Big E Post#261 {image} and this below, here is Post#5 read it again Divergence, That was just one of many methods we discussed. Folks were getting confused by mixing up rules from different methods so this thread will only be about the 5 method. and the read Post#336 Those wanting more examples go to Forum: Commercial, then Craig Harris Stochastics Method......
It is good that you posted those two post's Emmanuel.
That means it is also applicably to you as well
That means you will also refrain from posting this type of bullshit: Post 97,641 ............. the herd will go back to the green cross red trading again........
That means you will also only use what is posted by BigE in this thread and not the bullshit you suck up everyday.

Why are you posting in this thread where every second or third post by you try to change what BigE has left behind?
Did BigE asked you to do that or that big ego / chip on your shoulder?
  • #97,672
  • Aug 27, 2019 7:40am Aug 27, 2019 7:40am
Like to be part of the herd that use the TDI cross over to determine if a trade can be placed or not.

Follow TDI: Post 97,098
Use the bounce signals on M15 with stoch confirming the direction. H1 also confirm that a buy order will be safe.
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  • #97,673
  • Edited 9:27am Aug 27, 2019 9:02am | Edited 9:27am
Quoting Tekkies
Like to be part of the herd that use the TDI cross over to determine if a trade can be placed or not. Follow TDI: Post 97,098 Use the bounce signals on M15 with stoch confirming the direction. H1 also confirm that a buy order will be safe. {image}
Where will this one go?
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edit: Safe
Attached Image
  • #97,674
  • Aug 27, 2019 10:55am Aug 27, 2019 10:55am
Quoting Tekkies
{quote} Where will this one go? {image} edit: Safe {image}
Got stomped out with the previous sell orders.
Entered again for the same reasons. This time closed the orders for three reasons:
- Market moved to strong against sell orders.
- H1 (look left to a resistance level that can turn into a support level)
- Frankfurt closed shop and DE30 spread increased from 7 to 17. It can go high as 47. That is not good for any stop loss.
-------
Take what the market is willing to give. Don't try to catch every top/ bottom and stay in for the maksimum profit. When it does happen good for you otherwise 10 pips a day with compound grow is all you need.
Don't know what is compound growth google for understanding.
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See if you can see why no buy orders have been placed with M15 crossover.
  • #97,675
  • Edited 12:32pm Aug 27, 2019 12:16pm | Edited 12:32pm
I greatly apologize if this was addressed somewhere, but after doing a few searches I didn't find the answer.

For the original 'Trading Made Simple', do you enter on the start of the candle as the TDI crosses, or is it better to wait until the end of the candle?

Example: As of now it is 12:15 (which is when a new candle opens in my timezone) and the candle recently "bounced" EURUSD. Is that the entry, or do I need to wait until 4:00 PM?
Attached Image
  • #97,676
  • Aug 27, 2019 12:48pm Aug 27, 2019 12:48pm
Can do this the whole day long
Reason for a buy order.
- M15 cross over with an angle above 1. (or just below 1)
- H1 look left and take notes that price has moved past that Restance level which has turend into a support level.
Pun intended. You know how to use TDI it can become a "predictive" TDI. (Take note: I do not sell TDI, only stating a fact.)
Understand post#647 will be a big advantage which only can be obtained with many houers of chart time on a live account.
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  • #97,677
  • Aug 27, 2019 1:11pm Aug 27, 2019 1:11pm
Quoting tacoatpirate
I greatly apologize if this was addressed somewhere, but after doing a few searches I didn't find the answer. For the original 'Trading Made Simple', do you enter on the start of the candle as the TDI crosses, or is it better to wait until the end of the candle? Example: As of now it is 12:15 (which is when a new candle opens in my timezone) and the candle recently "bounced" EURUSD. Is that the entry, or do I need to wait until 4:00 PM? {image}
That is your choice.
Read this Post 97,086 and deiced for yourself.
Edit: Your question has already been answered with a practical example.
Look where M15 buy order has been placed in preceding post.
  • #97,678
  • Aug 27, 2019 1:16pm Aug 27, 2019 1:16pm
Quoting Tekkies
{quote} That is your choice. Read this Post 97,086 and deiced for yourself.
Thanks for the reply.
  • #97,679
  • Aug 27, 2019 2:24pm Aug 27, 2019 2:24pm
Quoting Tekkies
Can do this the whole day long Reason for a buy order. - M15 cross over with an angle above 1. (or just below 1) - H1 look left and take notes that price has moved past that Restance level which has turend into a support level. Pun intended. You know how to use TDI it can become a "predictive" TDI. (Take note: I do not sell TDI, only stating a fact.) Understand post#647 will be a big advantage which only can be obtained with many houers of chart time on a live account. {image}
Last post.
Don't know if this chart will help or confuse.
Maybe it is to show that Support / Resistance level do exist and it is wise to taken them into consideration.
Please do not do this at home. It does not alwys work out like this.
Trade has be taken with M5 cross over to the down side with the assumption that where price is that Resistance level will stop the uptrend. Post M15/H1 to show S/R level.
Trade is good for a fast scalping 10 / 20 pips.
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  • #97,680
  • Aug 27, 2019 6:53pm Aug 27, 2019 6:53pm
Quoting tacoatpirate
I greatly apologize if this was addressed somewhere, but after doing a few searches I didn't find the answer. For the original 'Trading Made Simple', do you enter on the start of the candle as the TDI crosses, or is it better to wait until the end of the candle? Example: As of now it is 12:15 (which is when a new candle opens in my timezone) and the candle recently "bounced" EURUSD. Is that the entry, or do I need to wait until 4:00 PM? {image}

Hi tacoatpirate

the original 'Trading Made Simple' by Big E uses the TDI version in Post#25. This version was the first version posted by its creator Dean Malone back in 2006.
In this version it shows the price momentum RSI(13)MA(2) after a bar closed.

but looking at your chart, I think you use another TDI version which probably calculates the green Price Line and red Trade Signal lines in realtime and updates on every price tick. Can you confirm this?

I don't see a bounce trade setup as the market was sideways at the time of your post.
Also the time of day after the European markets - both Frankfurt and London session closed where liquidity is often thin and the OP would close his H4 trade at 6am his local time.

Do you follow his rules 100% or you prefer to write your own trading rules?

Some comments on your chart below.

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Read the OP's posts from Post#1 up to Post#12,912 again. At some point, it will take you back to his old thread where you will find more examples and training charts. When you do this, you will be able to write your own trading rules and also be able to trade different timeframes like swing trading on the Daily and Weekly.

Trade Well.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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