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Trading Made Simple

  • #98,001
  • Sep 30, 2019 7:03pm Sep 30, 2019 7:03pm
Quoting dazzle789
{quote} H1 is hard to win...

when it is hard to win, one must work even harder at learning how to trade.
You need to work on at your own time and pace and you will find your way. I have done my hardwork over the last 20 years trading this brutal spot forex market.

it is exactly what the OP of this thread once said (below)early during his forex trading journey.

don't give up so soon. take your time. if you spend 3 to 5 hours everyday for the next 2 to 3 years, you will likely to make it.

<>
...
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.

I profit every day by using Stochastics. I hope you will too. It's just part of the puzzle.
...
<>

remember this picture :

Attached Image (click to enlarge)
Click to Enlarge Name: traders in ForexFactory.png Size: 1.2 MB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,002
  • Sep 30, 2019 7:12pm Sep 30, 2019 7:12pm
Quoting Tekkies
{quote} Here is a "triple set" up. Not on the same hour. Can you please explain how to use M30. {image}

hey Tekkies

the "triple set" up as you call that has been developed 5 years ago since the Synergy_Pro system was released.

below is an example.

the Stocastic(8,3,3) is in sub-window0 , this is core of the 5-Method with TDI Post#25.

I have the same TDI Post#25 in sub-window1

the TDI_ProTF2 and TDI_ProTF3 in two sub-windows 2 and 3.

at (1) when M15 TDI cross to confrim the Stoch reversal setup candle , place one order
when (2) happens, place the second order
when (3) happens, place a third order

Remember to Follow Post#261 and Post#647, and spend more time on proper Money Management to mitigate the Risk.

Attached Image (click to enlarge)
Click to Enlarge Name: USTEC M15 M30 H1 example 01-10-2019 07-52-14.png Size: 40 KB


.../ to be continued, be patient.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,003
  • Sep 30, 2019 7:34pm Sep 30, 2019 7:34pm
Quoting Tekkies
{quote} Triple == crossover on M15, crossover on M30, a crossover on H1 at the same time ---- Ok, this is not going to work with out a chart Dave. Will post a chart later and ask you again.
Here is DE30 M15 live chart Oct01 as it is now,

Note the Stoch cross UP... BUT there is no REVERSAL candle. Wait for the TDI to complete the next few candles ... follow one candle at a time,... patience.

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Oct01 M15 wTF2 and TF3 01-10-2019 08-30-35.png Size: 38 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,004
  • Sep 30, 2019 7:42pm Sep 30, 2019 7:42pm
USTEC Oct01 M15

Stoch crossing active candle (1) but the TDI red Green (Post#25) is waiting .. for the price Close.
Note the other TDI ProTF2 and TF3

Attached Image (click to enlarge)
Click to Enlarge Name: USTEC Oct01 M15 TF123 01-10-2019 08-38-10.png Size: 40 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,005
  • Sep 30, 2019 8:00pm Sep 30, 2019 8:00pm
Quoting Tekkies
{quote} Am I? Is this a other attempt to get members to forget "TDI confirm Stoch"? Sorry to say even this post say that Stoch confirms TDI. {image}

Quoting Tekkies
{quote} It is no mistake Emmanuel. That picture and that post are meant to be together. ---- Any post of BigE must or can be applied to any chart on any timeframe. How do you study a BigE post if it is only applicable to one picture/chart? (You need to take a post, find a crossover, compare every point in that post against what BigE has posted. That is how I did it.) ---- Now be so kind to answer Post 97,985
hey Tekkies

I am sure that post#700 and #701 charts are different.
You took screenshot of the Big E pdf page 31. But that post#701 is split it two pages - page 31 and 32.

Pay attention to details when you read that pdf and do the necessary correction of your post.
The written text on Post#710 (page31) refers to the chart below it.(Page 32)

Attached Image (click to enlarge)
Click to Enlarge Name: Big E pdf page 31.png Size: 187 KB


Attached Image (click to enlarge)
Click to Enlarge Name: Big E pdf page 31 and 32.png Size: 190 KB


Admit the error made and be professional about it.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,006
  • Sep 30, 2019 8:37pm Sep 30, 2019 8:37pm
Quoting emmanuel7788
{quote} Here is DE30 M15 live chart Oct01 as it is now, Note the Stoch cross UP... BUT there is no REVERSAL candle. Wait for the TDI to complete the next few candles ... follow one candle at a time,... patience. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Oct01 M15 wTF2 and TF3 01-10-2019 08-30-35.png Size: 38 KB



Here is a quick update of the M15 chart posted above

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Oct01 M15 update 0933 01-10-2019 09-32-36.png Size: 47 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,007
  • Sep 30, 2019 9:52pm Sep 30, 2019 9:52pm
Quoting emmanuel7788
{quote} hey Tekkies the "triple set" up as you call that has been developed 5 years ago since the Synergy_Pro system was released. below is an example. the Stocastic(8,3,3) is in sub-window0 , this is core of the 5-Method with TDI Post#25. I have the same TDI Post#25 in sub-window1 the TDI_ProTF2 and TDI_ProTF3 in two sub-windows 2 and 3. at (1) when M15 TDI cross to confrim the Stoch reversal setup candle , place one order when (2) happens, place the second order when (3) happens, place a third order Remember to Follow Post#261...
As to your posts:
- Yes, you are right about how I copied it from BigE full.pdf.
- You are wrong about your assumption.
It was done with deliberate intention and will not be changed because you think it is a mistake.
Made six post's, one with an nice explanation why you see it as a "mistake" and still have not answered Post 97,985
How many more excuse are you going to suck up?
You did it with - BigE used the red line to make a trading decision, - BigE looked at other time frames or used other templates' and now you are doing it with Stoch crossover.
Everytime you are confronted you start to jump all over the show with fancy chart's, words. never directly or indirectly answer the questions.
So I will ask them again: In this thread Trading Made Simple
- In which post did BigE wrote that the red line is to be used to make a trading decision
- In which post did BigE wrote to use other time frames or multiple templates to make a trading decision
- In which post did BigE wrote to use the Stoch cross over to make a trading decision
--------------
Could not help to notice.
That is why I only go by what BigE has posted in this thread about Stoch: It is only used to confirm the direction of the TDI crossover.
Attached Image
  • #98,008
  • Edited 3:38am Oct 1, 2019 3:07am | Edited 3:38am
DE30 Oct01 M15 Double Inside Bar CONSOLIDATION breakout

... counter trend to H4 and D1.
... Stoch cross signal 3 bars/candle ago and the direction between 80 and 20.
... TDIs confirms


everything you see on one same M15 chart...
Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Oct01 M15 TDO ProTF123 01-10-2019 16-00-33.png Size: 57 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,009
  • Oct 1, 2019 3:36am Oct 1, 2019 3:36am
DE30 Oct01 H1...
What it looked like when London Open.

there was a (1) REVERSAL candle with Stoch cross signal but there was no follow through in the next H1. The HA candle close bullish and small. A good HA setup would be a bearish HA candle with body closed below the 5EMA.... conservative setup candle.

then we have to wait for the next H1 ...

at (2) the price closed BEEb/BEOB and the HA candle close below the 5EMA...

that's the H1 setup entry.

but remember this is counter trend against the H4 and D1 price action which are both above their respective 5EMA.

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Oct01 H1 LO2 01-10-2019 16-27-07.png Size: 44 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,010
  • Oct 1, 2019 3:46am Oct 1, 2019 3:46am
Quoting emmanuel7788
DE30 Oct01 M15 Double Inside Bar CONSOLIDATION breakout ... counter trend to H4 and D1. ... Stoch cross signal 3 bars/candle ago and the direction between 80 and 20. ... TDIs confirms everything you see on one same M15 chart... {image}

DE30 Oct01 Tokyo session closing hour,

now we be careful as we are in the 3rd M15 candle of the H1 ...Tokyo Clsoing hour

TDI M15 hooks back...caution ... wait for the 4th M15 candle and look at the PA.

managing M15 trades is very hard work, do we have an easier way?

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Oct01 M15 3of 4 01-10-2019 16-43-56.png Size: 41 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,011
  • Oct 1, 2019 4:05am Oct 1, 2019 4:05am
Quoting emmanuel7788
{quote} DE30 Oct01 Tokyo session closing hour, now we be careful as we are in the 3rd M15 candle of the H1 ...Tokyo Clsoing hour TDI M15 hooks back...caution ... wait for the 4th M15 candle and look at the PA. managing M15 trades is very hard work, do we have an easier way? {image}

DE30 Oct01 M15 4th candle Closed, also the new H1 open.

The 4th M15 candle closed nicely to make the bearish H1 HA candle.

So our trade management is easier now.

Capital Protection is most important since this is counter trend trade against the H4 and D1.

But, wait for H4 to close in 2 hours the take the necessary action.

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Oct01 M15 LO3 01-10-2019 17-00-04.png Size: 41 KB



Trade Well folks,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,012
  • Oct 1, 2019 5:39am Oct 1, 2019 5:39am
The Train is In the Station.
GBPCAD Daily vs 4hr comparison.

Daily Chart
Attached Image (click to enlarge)
Click to Enlarge Name: 2019-10-01 Daily.png Size: 64 KB


4 Hour Chart
Attached Image (click to enlarge)
Click to Enlarge Name: 2019-10-01 (4hr).png Size: 66 KB
Play the hand you were dealt.
  • #98,013
  • Oct 1, 2019 7:15am Oct 1, 2019 7:15am
GBPUSD Oct 01 H1 NYO trade

same type of setup day-in day out...

Price Action reversal candle with Stoch cross signal and TDI confirms the setup.

... Stoch(8,3,3) cross its 50-level is bonus
... TDI green cross red below its 50-level also can be bonus.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Oct01 H1 NYO 01-10-2019 20-06-04.png Size: 48 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,014
  • Oct 1, 2019 7:38am Oct 1, 2019 7:38am
GBPUSD M30 view

when you look at the TDI in different periods, it will always give higher probability setup and trades.


Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Oct 01 M30 with TF2 and TF3 01-10-2019 20-31-11.png Size: 49 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,015
  • Oct 1, 2019 8:47am Oct 1, 2019 8:47am
Quoting DrDave
{quote} I don't see why you said that. Your H1 chart clearly shows that when the very first green candle closed, TDI cross up was confirmed, so you are in near the open of the 2nd green candle. Stoch confirms up. Then just sell when the TDI green goes flat, which is on the 5th green candle. In addition, the last red candle had a rather long tail, showing rejection of further down movement. If that is hard for you, then perhaps you need more practice.
H1 has not enought price space...
BigE use H4,,,Long periods can improve price space，so We can win more easily.
There is no profit on this graph.
Attached Image (click to enlarge)
Click to Enlarge Name: ??.PNG Size: 38 KB
  • #98,016
  • Oct 1, 2019 4:43pm Oct 1, 2019 4:43pm
Yesterday was a very good trading day, 1st day in the new October month and lots of intraday opportunities for those who trade M15 and H1.

Example of Price Action, using the Stoch (8,3,3) and TDI Post#25 (default 13,0,34,2,0,7)

USDCAD Oct H1 chart timeframe.

Follow Post# 261

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Oct 01 H1 example of PA Stoch TDI 02-10-2019 05-17-16.png Size: 72 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,017
  • Oct 1, 2019 4:50pm Oct 1, 2019 4:50pm
AUDUSD Week 40 Oct 1

Aussie sank deeper when yesterday RBA rate cut... it is all time 10 year low now.

Sell only at the moment but looking for technical support to trade a correction. Next week's candle will decide if there will be technical support for swing trading.

If you buy now and average down, it can go far deeper and you may not be able to handle the stress with account in drawdown of more than two weeks. Better wait for a 'support' to buy and you will have a clearer 'cut-loss' level ... and not more than two weeks.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,018
  • Oct 1, 2019 5:17pm Oct 1, 2019 5:17pm
Quoting emmanuel7788
GBPUSD Oct 01 H1 NYO trade same type of setup day-in day out... Price Action reversal candle with Stoch cross signal and TDI confirms the setup. ... Stoch(8,3,3) cross its 50-level is bonus ... TDI green cross red below its 50-level also can be bonus. {image}
GBPUSD Oct 02 H1 SYD open

Now is not the best time to trade this pair. But sometimes, it can move when Tokyo opens but not often... unless someone #Twitter.

I see a Stoch cross signal but the TDI is not ready ... and that big H1 bar/candle to the father left bothers me now but is is something to watchout today.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Oct 02 H1 SYD 02H -10-2019 06-10-51.png Size: 41 KB


The Stoch is one of three favourite indicators I use for more than 10 years.

Learn more about it here:
and there is also an alert availble but you need to set the parameter to (8,3,3).
http://forex-indicators.net/stochastic
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,019
  • Oct 1, 2019 5:33pm Oct 1, 2019 5:33pm
USDJPY Oct 02 D1

remember it is NFP week Friday Oct 04,

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Oct 02 D1 02-10-2019 06-26-25.png Size: 45 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,020
  • Oct 1, 2019 5:33pm Oct 1, 2019 5:33pm
watch this:

https://www.forexfactory.com/news/95...ary-kathy-lien
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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