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Trading Made Simple

  • #98,261
  • Oct 11, 2019 2:42pm Oct 11, 2019 2:42pm
Quoting emmanuel7788
{quote}Better you do not read my posts. You should all put me in your ignore list. Thank you very much.
Better still wil be not post at all in this thread it will save pace also.
(Twee is going to email you one of these days that FF server is running out of disk pace)
  • #98,262
  • Oct 11, 2019 2:58pm Oct 11, 2019 2:58pm
Quoting neoaus
{quote} This one here Tekkies. Sorry, ignore the other one. But yes, the second chart bottom histogram now shows all green because of the bullish movement. Thanks, {image}
Read Post 97,086 aswell as other posts by BigE about bar3
Look at where you place the trade. Right at the end of Bar 2. You might as well have entered on the beginning of bar3. Entry at yellow arrow
Now where did you place a stop loss? (If you do use one)
It is small details like this Neoaus that will break or make you a great trader.
----
With a setup like that I would also have placed a trade. Post#647 all points do checkmark with a short (3 bars long) Resistant at small blue/yellow bar/dot.
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  • #98,263
  • Oct 11, 2019 3:56pm Oct 11, 2019 3:56pm
Quoting Tekkies
{quote} Read Post 97,086 aswell as other posts by BigE about bar3 Look at where you place the trade. Right at the end of Bar 2. You might as well have entered on the beginning of bar3. Entry at yellow arrow Now where did you place a stop loss? (If you do use one) It is small details like this Neoaus that will break or make you a great trader. ---- With a setup like that I would also have placed a trade. Post#647 all points do checkmark with a short (3 bars long) Resistant...
Thanks Tekkies
  • #98,264
  • Oct 11, 2019 4:04pm Oct 11, 2019 4:04pm
Ended the week with a small win.

Have a good weekend all.
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  • #98,265
  • Oct 11, 2019 7:06pm Oct 11, 2019 7:06pm
Quoting neoaus
Ended the week with a small win. Have a good weekend all. {image} {image}


Always feels good to end the week with some wins no matter big or small.

Look at your price bar chart again. I don't see any shooting star with the price bar. What I see on my chart is a Bearish Engulfing Bar BEEB.

When we use the HA candles, that is a HA candle with small body at the top of a move... momentum high, we must pay attention to the price action when we see momentum high and what happens next.

Is there a a Swing High?
then next,
Is there a REVERSAL candle?
My observations : -

- the Stoch(8,3,3) %K and %D will respond early before the TDI#25.
- the Stoch between 80 and 20 levels OB and OS regions will be good for confirmation of any TDI trade setups. But bear in mind the recent support and resistance seen to the left of the current price action.

- trading intraday I also pay attention to certain market events like when there is another market session opening and closing which can also affect the price move. Tokyo close hour and London close hour are always tricky times of the day.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,266
  • Oct 11, 2019 7:19pm Oct 11, 2019 7:19pm
Quoting neoaus
{quote} This one here Tekkies. Sorry, ignore the other one. But yes, the second chart bottom histogram now shows all green because of the bullish movement. Thanks, {image}

when you just want to trade using the Stoch and TDI, no matter how good the setup conditions look on our charts there will be losses... there is no 100% win rates, no 90% win rates, no 80% win rates,..... live with that. If you have the knowledge and experience and use your discretion when you trade, even with a win rate of 50% and you will make money.


what about bar 3 entry?

yes you can enter on bar 3 after you see a reversal.... but it is back to knowing the market conditions at the time of the day. Only hindsight traders will tell you many reason for losses.
Post#351

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but don't do it on Daily and Weekly without a tested proven money management strategy.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,267
  • Oct 11, 2019 7:24pm Oct 11, 2019 7:24pm
Quoting Tekkies
{quote} ... (Twee is going to email you one of these days that FF server is running out of disk pace)

such silly thinking that Twee will email etc.

we are no longer living in the ice age of harddisk drives ... SSD is developing in a massive way.

still wanting me to stop posting?

Follow Step No. 1 coming up next.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,268
  • Oct 11, 2019 8:23pm Oct 11, 2019 8:23pm
Gone for a good six months, and Tekkies and Emm are still at it.
If you are good at something, never do it for free--Joker
  • #98,269
  • Oct 11, 2019 8:27pm Oct 11, 2019 8:27pm
Quoting jmn5611
Gone for a good six months, and Tekkies and Emm are still at it.
hey jmn5611

welcome back!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,270
  • Oct 11, 2019 8:34pm Oct 11, 2019 8:34pm
Quoting jmn5611
Gone for a good six months, and Tekkies and Emm are still at it.
Hey jmn5611

six months is quite long time.

but with your many years trading experience, when was the last time you seen this happen before?

"Triple == crossover on M15, crossover on M30, a crossover on H1 at the same time..."
BRN 98000 post
https://www.forexfactory.com/showthr...6#post12531926

I started counting this week using the TDI in Post#25, still have not seen any Triple crossover ... at the same time.

I have seen a few within a 4-hour period but never at the same hh:mm:ss
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,271
  • Oct 11, 2019 8:43pm Oct 11, 2019 8:43pm
Quoting emmanuel7788
{quote} hey jmn5611 welcome back!
Thanks Emm, left for a part of the world where the internet is still 2G, if there is any at all. None of my gadgets worked. Had to get a different cell phone and everything. Back in the states now. I have to admit that I have not seen anything like that either, however, to remain neutral to the both the Hatfield's and the McCoy's, I have not looked that hard.

Good to see some familiar handles, a lot of turn over has taken place!
If you are good at something, never do it for free--Joker
  • #98,272
  • Oct 12, 2019 1:12am Oct 12, 2019 1:12am
Quoting emmanuel7788
{quote} Hey jmn5611 six months is quite long time. but with your many years trading experience, when was the last time you seen this happen before? "Triple == crossover on M15, crossover on M30, a crossover on H1 at the same time..." BRN 98000 post https://www.forexfactory.com/showthr...6#post12531926 I started counting this week using the TDI in Post#25, still have not seen any Triple crossover ... at the same time. I have seen a few within a 4-hour period but never at the same hh:mm:ss
To use BigE words: that would just be a bonus...
  • #98,273
  • Oct 12, 2019 3:14am Oct 12, 2019 3:14am
Quoting emmanuel7788
it did not benefit Big E as he said so.
More repeating of already known information.

Quoting emmanuel7788
well I learned that in 2011 and tested that and find that it works for me as add-on when I trade the 5-Method.
Great! So what is stopping you from starting the thread, "TMS 5-Method with Stacked TDIs" and teaching all about it there?
To free Gazans of Hamas, use whatever it takes.
  • #98,274
  • Oct 12, 2019 4:29am Oct 12, 2019 4:29am
Quoting MamounDeb
Oh well, Just blew my account over GJ. Thank god I had withdrawn most of the profits earlier this month anyways and lost "only" £1300. I have had a Negative month during September And an even worst start to October after 9 months of green. What would you advise me to do now? Should I take a Break? Or maybe trade with low capital to get the confidence back? Blowing the account here is not an issue since I knew I was on Tilt and withdrew most of the money. How do I get out of this tilt? Thanks for the help.
Based on what you posted "after 9 months of green" you started to see yourself as "worlds best trader", got cocky, arrogant, took unnecessary risk and the market took you down a peg or two.
----
- Go back to those "green month's", compare those trades against the trades taken in September / October. Am sure they aren't placed with the same rules, reasoning.
Fix that what you have broken yourself, the green months will come back.
  • #98,275
  • Oct 12, 2019 5:08pm Oct 12, 2019 5:08pm
Quoting emmanuel7788
EURUSD H1 TMS_v19 sell trade (demo) executed by the EA. {image}
Good day Emmanuel,
I am optiming MTS_V19 and came across your post from 2014. I am curious about one thing, i see that in this screenshot you were running EURUSD on H4 yet the EA settings were left to run on H1 Time FRAME. I pointed out that on the chart i see TREND -2/8- M30. What does this -2/8- mean?
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  • #98,276
  • Oct 12, 2019 10:48pm Oct 12, 2019 10:48pm
Quoting ForexKid69
{quote} Good day Emmanuel, I am optiming MTS_V19 and came across your post from 2014. I am curious about one thing, i see that in this screenshot you were running EURUSD on H4 yet the EA settings were left to run on H1 Time FRAME. I pointed out that on the chart i see TREND -2/8- M30. What does this -2/8- mean? {image}

Hi ForexKind69

Wow! year 2014 post... That was many years ago when a few of us were trading with that EA to manage our trades. One member did went on to make a 'better' version and he went his own way since.

Compliments must go to member seller9. He conributed this in SteveHopwood's thread: https://www.forexfactory.com/showthread.php?t=292301

That TMSV19 MTF EA has many user input options and you need to try them in live market conditions and learn to trade TMS.
Also the EA has 3 very good candle pattern for setup entries which I am still using today. I added a few more.

I ran that EA on H4 chart as shown but when I decide to buy or sell direction after my on technical analysis. With the buy/sell set in the EA and use M15 as the trade entry when the selected conditions are met.

You have the Trend Option either using the TMA or the default using moving averages 2/8.
If set use TMA Trend to True, then the EA will not use the MAs 2/8. I know a few members changed this later on in other versions some use the original Synergy PAC 2SMMA which I discussed in the thread how we use the PAC as trend / direction determination.

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Members can run that EA live but use that only for trade alerts only by selecting your own options.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,277
  • Oct 12, 2019 11:47pm Oct 12, 2019 11:47pm
Quoting MamounDeb
Oh well, Just blew my account over GJ. Thank god I had withdrawn most of the profits earlier this month anyways and lost "only" £1300. I have had a Negative month during September And an even worst start to October after 9 months of green. What would you advise me to do now? Should I take a Break? Or maybe trade with low capital to get the confidence back? Blowing the account here is not an issue since I knew I was on Tilt and withdrew most of the money. How do I get out of this tilt? Thanks for the help.

Hi MamounDeb

You did not share much information on how you trade here. Did you trade TMS 5-Method?

"9 months of green" is very good and that is 9 months of consistent trading.
Withdrawing your profits at end August was good idea. I did the same too when I reached my goal and start new in Sep.

You only mentioned GJ and it blew your account. So I look at GJ Weekly chart and the market conditions has changed in Sep and Oct.
You need to look at your trading methodology and learn why it failed in Sep and Oct. The same methodology may not work in all market type conditions.
Similarly, you also need to have the money management strategy to fit in with the trading methodology to suit the prevailing market type conditions.
And most important is your mental strategy that will determine how you will survive in different markets.

Look at GJ chart below,
study 2018 and see how 2019 ran for 15 weeks after the breakout May05 week.
You can easily see the market condition with 3 week bars/candles and you can act accordingly.

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Next week Oct 14 to 18, Week 42 I assume bullish follow through but will know if the market type condition will change only after next Week' candle closing.

Oct 14 - 18, Buy only with MEME and cut-loss previous 2 weeks low.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,278
  • Oct 12, 2019 11:54pm Oct 12, 2019 11:54pm
Week 42 , Oct 14 to 18 Calendar Events

Monday can be boring but with surprises not seen on your calendar

Better trading days will be Tuesday to Friday.

Best trading will be to follow Weekly and Daily charts and not bother with these calendar ...

Trade small, leverage on trading multiple pairs from different currency pair groups. Know where to cut-loss short. Know when to let profits run.. Know when not to trade.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,279
  • Edited 1:25am Oct 13, 2019 12:48am | Edited 1:25am
Quoting emmanuel7788
{quote}So I look at GJ Weekly chart and the market conditions has changed in Sep and Oct.
Thanks for the laugh Emmanuel.
Where do you suck up this bullshit:
"You only mentioned GJ and it blew your account. So I look at GJ Weekly chart and the market conditions has changed in Sep and Oct.
You need to look at your trading methodology and learn why it failed in Sep and Oct. The same methodology may not work in all market type conditions.
Similarly, you also need to have the money management strategy to fit in with the trading methodology to suit the prevailing market type conditions.
And most important is your mental strategy that will determine how you will survive in different markets."
------
GJ was in a down trend. Placing mostly Sell order's will give "9 green months"
BigE's #647: Am I in an uptrend or downtrend.. short & long term...
-------
Please do show MamounDeb where the market conditions has changed in Sep / Oct.
Next time the "market conditions" do change he will know what to look for.
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  • #98,280
  • Oct 13, 2019 1:35am Oct 13, 2019 1:35am
Quoting Tekkies
{quote} Based on what you posted "after 9 months of green" you started to see yourself as "worlds best trader", got cocky, arrogant, took unnecessary risk and the market took you down a peg or two. ---- - Go back to those "green month's", compare those trades against the trades taken in September / October. Am sure they aren't placed with the same rules, reasoning. Fix that what you have broken yourself, the green months will come back....
Based on what you posted "after 9 months of green" you started to see yourself as "worlds best trader", got cocky, arrogant, took unnecessary risk and the market took you down a peg or two. ---- -

hey Tekkies

You sure know how to make the people reading Forex Factory laugh

That member did achieved "9 months green" . What about you? Did you have 9 months green in the last 3 years trading TDI green cross red? Surely you without 9 months green could not have been "cocky, arrogant, took unnecessary risk ...".

Member MamounDeb lost £1300. And you still trading your tiny small ZAR 200 account. Talk about trading psychology with hi....

Quoting MamounDeb
Oh well, Just blew my account over GJ. Thank god I had withdrawn most of the profits earlier this month anyways and lost "only" £1300. I have had a Negative month during September And an even worst start to October after 9 months of green. What would you advise me to do now? Should I take a Break? Or maybe trade with low capital to get the confidence back? Blowing the account here is not an issue since I knew I was on Tilt and withdrew most of the money. How do I get out of this tilt? Thanks for the help.
Keep posting Tekkies, this thread get boring without your post and silly thinking.

Have good one!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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