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Trading Made Simple

  • #98,301
  • Oct 13, 2019 5:02pm Oct 13, 2019 5:02pm
Quoting ForexKid69
{quote} Thank you for your response, i have to say what drew me to this EA is the fact that i use Steve Mauro's Market Maker Method template for manual trading and have been doing so for years. There we identify High and lows, Ms & Ws, Shark fins, Head and shoulder formation among other things. I do see a pattern on my Market Maker Template, everytime TD GREEN/RED cross over 50 MA, or BELOW either reaching upper boiler band or lower, the trade happens exactly as TDI has described.

Well, Steve Mauro is a known name in this industry he provides professional education. We can see a face not anyone with pseudo name in a public forum talking like experts.

there is a thread Steve Mauro MMM ... with some free educational stuff.
linked here:
https://www.forexfactory.com/showthread.php?t=816894
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,302
  • Oct 13, 2019 5:04pm Oct 13, 2019 5:04pm
Quoting emmanuel7788
{quote} I gave the same advice many years ago to people wanting to trade the markets. not sure if this was the best advice though because some people actually learned from Forex Factory when they first started out and some went on to become better traders. stay away for all public trading forums and beware of con website selling trading signals, predictive TDI indicator, subscription plans, etc. an example below: {image}
Is that bloke still going? He also runs a church, go figure.
Ardua Ad Astra Per
  • #98,303
  • Oct 13, 2019 5:17pm Oct 13, 2019 5:17pm
AUDNZD Week 42 Oct 14 D1 SYD open

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,304
  • Oct 13, 2019 5:27pm Oct 13, 2019 5:27pm
EURAUD and EURCAD D1 Oct 14 SYD

I have a choice between these two,

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,305
  • Oct 13, 2019 5:37pm Oct 13, 2019 5:37pm
This question goes out to all Trend Traders whether you are trading the TMS method or not. Hopefully I get an answer from somebody who has more experience and is a full time trader.

With such trend trading strategies what can be done to reduce losses in choppy and consolidating markets. As we know systems like TMS in such periods would provide many false signals. Thanks.
  • #98,306
  • Oct 13, 2019 8:59pm Oct 13, 2019 8:59pm
USDJPY H4 Oct 14 SYD

Triple Top? - Watching
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  • #98,307
  • Oct 13, 2019 11:13pm Oct 13, 2019 11:13pm
Quoting sharpiemomo
This question goes out to all Trend Traders whether you are trading the TMS method or not. Hopefully I get an answer from somebody who has more experience and is a full time trader. With such trend trading strategies what can be done to reduce losses in choppy and consolidating markets. As we know systems like TMS in such periods would provide many false signals. Thanks.
Don't trade.
  • #98,308
  • Oct 13, 2019 11:38pm Oct 13, 2019 11:38pm
Quoting sharpiemomo
This question goes out to all Trend Traders whether you are trading the TMS method or not. Hopefully I get an answer from somebody who has more experience and is a full time trader. With such trend trading strategies what can be done to reduce losses in choppy and consolidating markets. As we know systems like TMS in such periods would provide many false signals. Thanks.
If you trade the signals without context you will get killed. In case you do not know how to read context, try this. If you take a loss going long, and take another loss going short, you are in a tight range and should wait until the next trading session. Trade off of the levels of the prior session. Any signal in any system has to be considered within the context of your market.
If you are good at something, never do it for free--Joker
  • #98,309
  • Oct 14, 2019 2:06am Oct 14, 2019 2:06am
Quoting jmn5611
{quote} If you trade the signals without context you will get killed. In case you do not know how to read context, try this. If you take a loss going long, and take another loss going short, you are in a tight range and should wait until the next trading session. Trade off of the levels of the prior session. Any signal in any system has to be considered within the context of your market.
He is trying to reduce losses jmn.
Two losses to find out you are in a range is not the way to go.
Looking at DE30 now. How do you find the signal on those two charts.
Would state that BigE's post#647 is a good starting point for Sharpiemono to get that little edge how to read the chart for that "signal" to trade or not. Sharpiemono need to spend time, a lot of time only with #647 (with or without TDI) and S/R levels.
Can tell him the why for not placing any sell trades which is easy now after four years.
Like:
- Don't like open trades over the weekend. (main reason)
- Against the long term trend.
- Wick's are long and both side's of the candle
- H1 show that price is on top of a major support level. (zoom out, look left)
- Bar's are short and long.

There are just to many factors to take into consideration to give a clear cut answer.
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  • #98,310
  • Oct 14, 2019 5:15am Oct 14, 2019 5:15am
Quoting Tekkies
{quote} Don't trade.
To free Gazans of Hamas, use whatever it takes.
  • #98,311
  • Oct 14, 2019 6:09am Oct 14, 2019 6:09am
Quoting emmanuel7788
75 traders viewing and only 3 members????
Hmmm, maybe sign of quality?
trading is war - life is simple
  • #98,312
  • Oct 14, 2019 6:20am Oct 14, 2019 6:20am
Quoting DrDave
... If you want to teach something that deviates from the TMS teachings, then why not just open a new thread that deals with the new system? That also gives you the benefit of being the thread starter with all of the power for banning, etc.
Quoting emmanuel7788
{quote} well, ..... [blah, blah, blah] .....
Answer to question still missing
trading is war - life is simple
  • #98,313
  • Oct 14, 2019 6:24am Oct 14, 2019 6:24am
Quoting emmanuel7788
{quote} it did not benefit Big E as he said so. 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. I still use the same TDI I have from CompassFX in 2007 and the 5-Method still work with that early version of the TDI. PERIOD.
PERIOD?
You seems to be the last on the list to frame this on BigE's thread - period.
trading is war - life is simple
  • #98,314
  • Oct 14, 2019 6:27am Oct 14, 2019 6:27am
Quoting emmanuel7788
Sorry folks when you are confused. Better you do not read my posts. You should all put me in your ignore list. Thank you very much.
Probably this will help the thread - ignoring shrinking the posts a lot. Possibly towards better quality?
trading is war - life is simple
  • #98,315
  • Oct 14, 2019 6:31am Oct 14, 2019 6:31am
Quoting realjumper
{quote} Has he morphed? {image}
lololol
trading is war - life is simple
  • #98,316
  • Oct 14, 2019 6:35am Oct 14, 2019 6:35am
Quoting emmanuel7788
EURAUD and EURCAD D1 Oct 14 SYD I have a choice between these two, {image} {image}
There may be a 3rd one - leave and retire early.
trading is war - life is simple
  • #98,317
  • Oct 14, 2019 7:41am Oct 14, 2019 7:41am
Quoting emmanuel7788
EURAUD and EURCAD D1 Oct 14 SYD I have a choice between these two, {image} {image}
well, with US bank holiday

a better choice is

sell NZDCAD H12 Oct 14

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always the same ... Keept It Simple: Reversal candle BEEB/BEOB PA, Stoch cross signal and TDI or RSI(13) confirm the momentum of the ....

moving to BE soon and let market decide.

Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,318
  • Oct 14, 2019 7:43am Oct 14, 2019 7:43am
Quoting neoaus
USDJPY H4 Oct 14 SYD Triple Top? - Watching {image}

chart pattern

same here ... looking to sell
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,319
  • Oct 14, 2019 9:28am Oct 14, 2019 9:28am
Quoting Tekkies
{quote} He is trying to reduce losses jmn. Two losses to find out you are in a range is not the way to go. Looking at DE30 now. How do you find the signal on those two charts. Would state that BigE's post#647 is a good starting point for Sharpiemono to get that little edge how to read the chart for that "signal" to trade or not. Sharpiemono need to spend time, a lot of time only with #647 (with or without TDI) and S/R levels. Can tell him the why for not placing any sell trades which is easy now after four years. Like: - Don't like open trades over...
I understand that he is trying to reduce losses. That is why I put a governor on his trades. He now has a max loss scenario per session going forward. As far as your charts go, the signals are good, but we do not know if bulls are buying pullbacks or not. If they are, he is going to get stopped on your trade when price fails to break that H1 hammer to the left of your chart. If that happens, he will have taken loss number one on that short. The next TDI signal will tell him to get long on the break of the high of that impulse move to the upside. If he cannot manage to scratch that at least, he will know that there is no conviction from anyone and he should wait until the next session.
If you are good at something, never do it for free--Joker
  • #98,320
  • Edited 1:12pm Oct 14, 2019 10:29am | Edited 1:12pm
Quoting jmn5611
{quote} I understand that he is trying to reduce losses. That is why I put a governor on his trades. He now has a max loss scenario per session going forward. As far as your charts go, the signals are good, but we do not know if bulls are buying pullbacks or not. If they are, he is going to get stopped on your trade when price fails to break that H1 hammer to the left of your chart. If that happens, he will have taken loss number one on that short. The next TDI signal will tell him to get long on the break of the high of that impulse move to the...
If you simply set the direction via the H1 g x r and stoch, you can go to m15 a look for rallies to sell. AS long as the rally cannot make a new high, there is not much to worry about. And if the simple exit is green go flat or hook over, again, what is there to worry about. And if the swing down also makes a lower low, well... you know the drill.

So until there is an indication of direction change on M15, why are you concerned about H1?? It is impossible for H1 to go up before M15 does.
To free Gazans of Hamas, use whatever it takes.
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Dasani