Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- Post #98,021
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- Oct 1, 2019 6:33pm Oct 1, 2019 6:33pm
- Joined Nov 2008 | Status: Member | 29,647 Posts | Online Now
- Post #98,022
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- Oct 1, 2019 6:49pm Oct 1, 2019 6:49pm
- Joined Nov 2008 | Status: Member | 29,647 Posts | Online Now
USTEC Oct 01 H1 review
Was looking at this yesterday as usual part training my eyes to see the Price Action and learning how the TDI works.
Near perfect when all three periods TDI show the same condition... price momentum
would be perfect when all three TDI show steep slope at the came bar/candle closed.
Was looking at this yesterday as usual part training my eyes to see the Price Action and learning how the TDI works.
Near perfect when all three periods TDI show the same condition... price momentum
would be perfect when all three TDI show steep slope at the came bar/candle closed.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- Post #98,023
- Quote
- Oct 1, 2019 10:33pm Oct 1, 2019 10:33pm
Hi All,
Newbie member here and to fx trading and very excited to have stumbled across and be part of this amazing trading system thread. Let the journey begin.
Have started reading it from the beginning and in the meantime have taken a few demo shots at it. Impressive results so far and will continue to educate and better myself at it as I go, and will be posting many newbie questions along the way. I want thank everyone for their contributions and education so far.
BTW: Is anybody from Sydney Australia?
Cheers
John
Always learning
Newbie member here and to fx trading and very excited to have stumbled across and be part of this amazing trading system thread. Let the journey begin.
Have started reading it from the beginning and in the meantime have taken a few demo shots at it. Impressive results so far and will continue to educate and better myself at it as I go, and will be posting many newbie questions along the way. I want thank everyone for their contributions and education so far.
BTW: Is anybody from Sydney Australia?
Cheers
John
Always learning
- Post #98,024
- Quote
- Oct 2, 2019 12:17am Oct 2, 2019 12:17am
- Joined Nov 2015 | Status: Member | 5,969 Posts | Invisible
Related to Post 97,973
-------
There is not much els to post about Trading Made Simple.
Do you really want to win at this game?
How determine are you to become successful with this method or any other method?
It won't cost you a dime beside living expenses, it will cost you plenty of time. a Lot of time like three, four years.
Are you willing to study that long? Docter's, Lawyer's, Ingenieurs did, now they get paid for their time spent learning their profession.
Post#495...........
Starting out you should be 60-65% successful. Within 1 to two months you should be 70-80% successful..
If... you follow the simple rules and simple exits... 3-6 months... 85% successful.
Don't complicate it... keep it simple. Buy your wheel barrow..
(I am not BigE, neither are you, that is what he wrote.)
------
Where to start?
- Member's post are best to be ignored. If you do read them compare each one against what BigE has posted. (It will save you a lot of time)
- Rather study only what BigE has posted in this thread. (BigE full.pdf).
- Make study notes.
Foxit Reader (https://www.foxitsoftware.com/pdf-reader/) make it so easy.
Search key words and summarize them (examples of a keyword search: candle > Post 97,086, checklist > Post 84,947, angle > Post 95,596
- Test your study notes on a live account with paper trading. (example: use Vline for crossover, blue / yellow for trades)
------
Question: Do you live to trade or trade to live?
-------
There is not much els to post about Trading Made Simple.
Do you really want to win at this game?
How determine are you to become successful with this method or any other method?
It won't cost you a dime beside living expenses, it will cost you plenty of time. a Lot of time like three, four years.
Are you willing to study that long? Docter's, Lawyer's, Ingenieurs did, now they get paid for their time spent learning their profession.
Post#495...........
Starting out you should be 60-65% successful. Within 1 to two months you should be 70-80% successful..
If... you follow the simple rules and simple exits... 3-6 months... 85% successful.
Don't complicate it... keep it simple. Buy your wheel barrow..
(I am not BigE, neither are you, that is what he wrote.)
------
Where to start?
- Member's post are best to be ignored. If you do read them compare each one against what BigE has posted. (It will save you a lot of time)
- Rather study only what BigE has posted in this thread. (BigE full.pdf).
- Make study notes.
Foxit Reader (https://www.foxitsoftware.com/pdf-reader/) make it so easy.
Search key words and summarize them (examples of a keyword search: candle > Post 97,086, checklist > Post 84,947, angle > Post 95,596
- Test your study notes on a live account with paper trading. (example: use Vline for crossover, blue / yellow for trades)
------
Question: Do you live to trade or trade to live?
Keep it Simple
- Post #98,025
- Quote
- Oct 2, 2019 1:10am Oct 2, 2019 1:10am
- Joined Nov 2008 | Status: Member | 29,647 Posts | Online Now
If we strictly follow Big E trading style and his written rules in this thread, this would have been the ideal entry and exit (Post #6).
Big E last post, Post#12,912 "...reading the thread and taking notes. READ & STUDY."
Below is what I do all the time, read and study both written text and what I see on charts. 10 years on and today I keep on doing this everyday. The learning never stop. Google search engine keyword search only look for keywords, it does not look at price charts nor price action nor read indicators data for you.
DE30 Oct 01 H1
Big E last post, Post#12,912 "...reading the thread and taking notes. READ & STUDY."
Below is what I do all the time, read and study both written text and what I see on charts. 10 years on and today I keep on doing this everyday. The learning never stop. Google search engine keyword search only look for keywords, it does not look at price charts nor price action nor read indicators data for you.
DE30 Oct 01 H1
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- Post #98,026
- Quote
- Oct 2, 2019 1:18am Oct 2, 2019 1:18am
- Joined Nov 2008 | Status: Member | 29,647 Posts | Online Now
Hi All, Newbie member here and to fx trading and very excited to have stumbled across and be part of this amazing trading system thread. Let the journey begin. Have started reading it from the beginning and in the meantime have taken a few demo shots at it. Impressive results so far and will continue to educate and better myself at it as I go, and will be posting many newbie questions along the way. I want thank everyone for their contributions and education so far.
Welcome to Trading Made Simple!
Be prepared for a very long trading journey and learn EVERYTHING the late OP eelfranz posted in Forex Factory.
Be sure to read from Post #1 up to Post #12,912. Pay attention to details what were written in all the posts and on all the charts posted by members and what the OP replied were with reference to the topic in discussion back then.
At some point in time, it will take you back to the old thread when you want to learn from more examples the OP made in his old thread. (Post #336).
If you want to trade M15 and H1 chart timeframe, there are lots of examples in the old thread. In this thread, you will find many H4, Daily and Weekly trade examples.
Another post you can also follow is this:
Post #97,796
https://www.forexfactory.com/showthr...4#post12503254
Have fun and enjoy the learning journey.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- Post #98,027
- Quote
- Oct 2, 2019 2:06am Oct 2, 2019 2:06am
- Joined Nov 2008 | Status: Member | 29,647 Posts | Online Now
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- Post #98,028
- Quote
- Oct 2, 2019 2:31am Oct 2, 2019 2:31am
- Joined Nov 2008 | Status: Member | 29,647 Posts | Online Now
GBPJPY Oct 02 H1 trade
Was looking at JPY pairs this morning when Syndey open, took this trade and left it running.
FO has another sell entry setup Follow Post #261.
This is what that post #261 means when Stoch confirm the direction, to have a direction it must first show a %K cross %D then continues, preferable between 80 and 20 levels. Important is also the PA and the 5EMA for the type of reversal setup candles - aggressive setup and conservative setup.
Was looking at JPY pairs this morning when Syndey open, took this trade and left it running.
FO has another sell entry setup Follow Post #261.
This is what that post #261 means when Stoch confirm the direction, to have a direction it must first show a %K cross %D then continues, preferable between 80 and 20 levels. Important is also the PA and the 5EMA for the type of reversal setup candles - aggressive setup and conservative setup.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- Post #98,029
- Quote
- Oct 2, 2019 2:38am Oct 2, 2019 2:38am
- Joined Nov 2008 | Status: Member | 29,647 Posts | Online Now
USTEC Oct 02 M30
same type of setup in different timeframes ... this time is M30
same Swing High + reversal candle with Stoch cross signal and TDI green confirm later.
same type of setup in different timeframes ... this time is M30
same Swing High + reversal candle with Stoch cross signal and TDI green confirm later.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- Post #98,032
- Quote
- Oct 2, 2019 9:12am Oct 2, 2019 9:12am
- Joined Nov 2008 | Status: Member | 29,647 Posts | Online Now
DE30 Oct 02 M15
its the same Price Action setup...
- REVERSAL candle, HA candle body closed below 5EMA,
- Stoch cross signal
- TDI green confirms later the reversal setup
its the same Price Action setup...
- REVERSAL candle, HA candle body closed below 5EMA,
- Stoch cross signal
- TDI green confirms later the reversal setup
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- Post #98,034
- Quote
- Edited at 12:07pm Oct 2, 2019 11:50am | Edited at 12:07pm
- Joined Nov 2015 | Status: Member | 5,969 Posts | Invisible
Readers, this is a direct warning.
Related to Post 98,029
The following sentences was never used or the principle within applied by BigE anywhere in this trend.
- Stoch cross signal
- TDI green confirms later the reversal setup
- Use of MTF TDI
Do a keyword search on above words and decide for yourself.
(Now you know why:
- it will take you three, four years to master this method
- members are constantly complaing that the trade went "south"
Stoch cross signal
Post 1: I also use a Stochastics (8,3,3) indicator. It is ONLY used to confirm direction. Nothing else.
Post 261: Stoch's is nothing but confirmation.
Post 647: Does Stoch's confirm the TDI signal
Post 1,253:
When Stoch's does not confirm the TDI direction... stay out and find another trade... Here... TDI down - Stoch's up
TDI green confirms later the reversal setup
Post 121:Also pay attention to the left on the TDI for tops and bottoms... there pretty accurate for reversals...
Post 261: If there is a reversal do I have a TDI signal to enter
You have been warned
Related to Post 98,029
The following sentences was never used or the principle within applied by BigE anywhere in this trend.
- Stoch cross signal
- TDI green confirms later the reversal setup
- Use of MTF TDI
Do a keyword search on above words and decide for yourself.
(Now you know why:
- it will take you three, four years to master this method
- members are constantly complaing that the trade went "south"
Stoch cross signal
Post 1: I also use a Stochastics (8,3,3) indicator. It is ONLY used to confirm direction. Nothing else.
Post 261: Stoch's is nothing but confirmation.
Post 647: Does Stoch's confirm the TDI signal
Post 1,253:
When Stoch's does not confirm the TDI direction... stay out and find another trade... Here... TDI down - Stoch's up
TDI green confirms later the reversal setup
Post 121:Also pay attention to the left on the TDI for tops and bottoms... there pretty accurate for reversals...
Post 261: If there is a reversal do I have a TDI signal to enter
You have been warned
Keep it Simple
- Post #98,036
- Quote
- Oct 2, 2019 4:02pm Oct 2, 2019 4:02pm
- Joined Nov 2008 | Status: Member | 29,647 Posts | Online Now
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- Post #98,037
- Quote
- Oct 2, 2019 4:11pm Oct 2, 2019 4:11pm
- Joined Nov 2008 | Status: Member | 29,647 Posts | Online Now
Hey Folks
We have been warned by the OP eelfranz 4 times in Forex Factory.
Warning #1
Warning #2
Warning #3
Warning #4 ... is most serious
Read all about it!
https://www.forexfactory.com/showthr...26#post3485126
Don't say we have not been warned.
We have been warned by the OP eelfranz 4 times in Forex Factory.
Warning #1
Warning #2
Warning #3
Warning #4 ... is most serious
Read all about it!
https://www.forexfactory.com/showthr...26#post3485126
Don't say we have not been warned.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- Post #98,038
- Quote
- Oct 2, 2019 4:36pm Oct 2, 2019 4:36pm
- Joined Nov 2008 | Status: Member | 29,647 Posts | Online Now
USDJPY Oct 02 D1 remember it is NFP week Friday Oct 04, {image}
USDJPY Oct 02 Daily candle trade was good.
Took some pips and now wait and see how it reacts today... couple of 'support' just where current price is.
... last swing low (arrow)
... 10EMA/50EMA
... BRN 107.00
potential target 106.50 region +/-
Trade what we see ... indicators are tools we use and are our guide.
Trade Well and Trade Safe.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- Post #98,039
- Quote
- Oct 2, 2019 4:58pm Oct 2, 2019 4:58pm
- Joined Nov 2008 | Status: Member | 29,647 Posts | Online Now
just to clarify few PMs on BEEB and BEOB
two pictures below should do their job to explain their difference,
Trade what we see.
both were big winners yesterday with many M15 entries.
two pictures below should do their job to explain their difference,
Trade what we see.
both were big winners yesterday with many M15 entries.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- Post #98,040
- Quote
- Oct 2, 2019 5:14pm Oct 2, 2019 5:14pm
The Train is In the Station. GBPCAD Daily vs 4hr comparison. Daily Chart {image} 4 Hour Chart {image}
(Came within 5 pips of my stops too) But the brakes on that train stopped it in time
