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Trading Made Simple

  • #98,821
  • Oct 27, 2019 6:33am Oct 27, 2019 6:33am
Quoting Tekkies
{quote}


Hey Tekkies

actually I was referring to you who read with your eyes and post replies in rash manner without using your brain. That is not just a lazy habit but your great passion to teach trading made simple using your M15H1 Vline TDI cross method.

"Any man who reads too much and uses his own brain too little falls into lazy habits of thinking. " (Albert Einstein)
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,822
  • Oct 27, 2019 7:15am Oct 27, 2019 7:15am
Quoting emmanuel7788
{quote} Hi Griff90 You are a smart person....{won't pass comment on who is the main culprit because I don't understand the issue at hand ha.} Yes, those original custom indicators downloaded by Big E at the CompassFX website during his time still work error free. Below are two charts posted by Big E. I am sure you have seen his posts when you completed reading all his posts. Study these two charts and take your own notes. These are Big E charts templates. {image} {image}
I studied the first chart that seems to be implying that the TDI green cross red can be "predicted" based on the price action of the APB price bars. I added my notes.

This illustrates why giving a single example as sole supporting evidence of nearly anything is meaningless. It is similar to finding that when there was a full moon and my left shoe was untied, I had a successful trade of 187 pips, and then expecting on every full moon with left shoe untied, a similar number of pips will be won.
Attached Image (click to enlarge)
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To free Gazans of Hamas, use whatever it takes.
  • #98,823
  • Oct 27, 2019 8:00am Oct 27, 2019 8:00am
Quoting emmanuel7788
{quote} Hey Tekkies actually I was referring to you who read with your eyes and post replies in rash manner without using your brain. That is not just a lazy habit but your great passion to teach trading made simple using your M15H1 Vline TDI cross method. "Any man who reads too much and uses his own brain too little falls into lazy habits of thinking. " (Albert Einstein)
Not teaching anything.
Am only posting how I understand and use the advice BigE gave.
If and when I do answer a question it is based on my fine tuning of what BigE has posted.
Reader's can use it or lose it.
  • #98,824
  • Oct 27, 2019 4:33pm Oct 27, 2019 4:33pm
DE30 Week 44 Oct 28 to Nov 01

market will soon open

on my Weekly chart I have a few levels above where current price action is.

on my Daily, the price action and HA candles are above its 5EMA. this direction is visually clear.

I remain on the buyer side with my cut-loss below last week's low. Usually I would use the previous two weeks' low but it is month-end and I will reduce my $risk trading this week and not wanting to give back too much to the market.

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Week 44 Oct 28 pre-Open 28-10-2019 05-24-28.png Size: 72 KB


Trade Well Folks and Trade Safe.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,825
  • Oct 27, 2019 5:12pm Oct 27, 2019 5:12pm
Week 44 Oct 28 to Nov 01

Wednesday, Thursday and Friday this Week!

to make some money.

Attached Image (click to enlarge)
Click to Enlarge Name: FF Calendar Week 44 28-10-2019 06-09-05.png Size: 83 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,826
  • Oct 28, 2019 2:00am Oct 28, 2019 2:00am
DE30 Week 44 Oct 28

today' Frankfurt open is one hour later after the weekend DST shift.

DE30 Oct 28 M15 H1 price action entry in 2 min 54 sec.
Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Oct 28 M15 H1 PA entry in 2m54s 28-10-2019 14-57-21.png Size: 64 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,827
  • Oct 28, 2019 3:21am Oct 28, 2019 3:21am
GBPUSD
On the weekend, did you check D1 and H4 bars compared to EMA5 shift 2? DId you see bars closed below the EMA, so decide today would be a good day to look for selling opportunities? Good luck with that.
To free Gazans of Hamas, use whatever it takes.
  • #98,828
  • Oct 28, 2019 4:00am Oct 28, 2019 4:00am
Quoting DrDave
GBPUSD .
looks like a clear uptrend
but then it doesn't (GBPNZD)
your EMA5 shift 2 doesn't mean all that much
Attached Image (click to enlarge)
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  • #98,829
  • Oct 28, 2019 4:14am Oct 28, 2019 4:14am
Quoting josi
{quote} looks like a clear uptrend but then it doesn't (GBPNZD) your EMA5 shift 2 doesn't mean all that much {image}
That EMA5 is not mine. I do not use it. I mentioned it becasue it is in the 5-method, and many people consult it.

It is a clear uptrend. THe cycles are moving very quickly up the timeframes, so you see the pullbacks kick in and think "..then it doesn't".

M15 is once again the wrong chart for focus.
Look at H4--going up
Look at H1--WAS going up, now PULLBACK. What comes after a pullback?
To free Gazans of Hamas, use whatever it takes.
  • #98,830
  • Oct 28, 2019 4:20am Oct 28, 2019 4:20am
Quoting DrDave
{quote} M15 is once again the wrong chart for focus
Wrong reference TF?
Well, the move up has been taken out - it could well be that the next move up is nothing more than a Pb in a new down move (GBPNZD).
Attached Image (click to enlarge)
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  • #98,831
  • Oct 28, 2019 4:30am Oct 28, 2019 4:30am
Quoting josi
{quote} Wrong reference TF? Well, the move up has been taken out - it could well be that the next move up is nothing more than a Pb in a new down move (GBPNZD). {image}
I am speaking of GBPUSD. I did not make an analysis of GBPNZD so do not know it's direction bias for today.
To free Gazans of Hamas, use whatever it takes.
  • #98,832
  • Edited 5:07am Oct 28, 2019 4:49am | Edited 5:07am
It wasn't that hard...
TP 11 pips, 5 lots, 55 pips, done for the day.

10 pips a day; it's all you need.

Attached Image
To free Gazans of Hamas, use whatever it takes.
  • #98,833
  • Oct 28, 2019 4:57am Oct 28, 2019 4:57am
Quoting emmanuel7788
{quote} {quote} Hi Lakexide before you follow Tekkies post#98,819 just above, he also posted few months ago an advice with link to a website. {quote} that is a good advice only few months ago. Now you must learn how many versions of the TDI are available and you will learn from that website which version to use for trading different timeframes. Question is: Are you a very short term scalper and/or day trader, or are you a swing trader or a position trader? Tell me which chart timeframe you want to trade next week. I will post some live market charts...
Thank you, I am a short term scalpers and I will like to trade GBPUSD on H1 timeframe
  • #98,834
  • Oct 28, 2019 5:37am Oct 28, 2019 5:37am
Quoting DrDave
{quote} That EMA5 is not mine. I do not use it. I mentioned it becasue it is in the 5-method, and many people consult it. It is a clear uptrend. THe cycles are moving very quickly up the timeframes, so you see the pullbacks kick in and think "..then it doesn't".
M15 is once again the wrong chart for focus.
Look at H4--going up
Look at H1--WAS going up, now PULLBACK. What comes after a pullback?
UPDATE: At the time the above was posted, the H1 had a down bar. However, my indicator had not registered a pullback yet. It turns out it was a pullback on M30 with a subsequent weak continuation followed by more lower price bars that finally has registered H1 as in a pullback.
To free Gazans of Hamas, use whatever it takes.
  • #98,835
  • Oct 28, 2019 7:33am Oct 28, 2019 7:33am
It's not that hard...
TP 6 pips, 5 lots, 30 pips.

Some easy extra pips from another GBPUSD buy. Helps in maintaining 10 pips per day average.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 27 KB
To free Gazans of Hamas, use whatever it takes.
  • #98,836
  • Oct 28, 2019 9:30am Oct 28, 2019 9:30am
And finally the GBPUSD H1 continuation up.
The pips were waiting for you to harvest...

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 103 KB
To free Gazans of Hamas, use whatever it takes.
  • #98,837
  • Oct 28, 2019 12:42pm Oct 28, 2019 12:42pm
Quoting josi
{quote} Wrong reference TF? Well, the move up has been taken out - it could well be that the next move up is nothing more than a Pb in a new down move (GBPNZD). {image}
Here is GBPNZD M15. I put in a "trend line" for you. Looks clear to me that at the start of the day, down trend is indicated.
Price went up and we see the trend changed to up.
Price got volatile about London open, price peaked, then came down and went into a down trend that happend to have a rally that some felt was so strong that it must be the up trend continuation starting. Alas, no; it was just a rally in the down trend.

Then the down trend ended in a higher bottom, and price continued up enough to change to an uptrend continuation.

So by fixing on M15 rather than evaluating other charts along with it, one might conclude "Looks like a clear uptrend, but then it doesn't" and miss out on pip harvesting with buy orders.

Looks to me like it was nothing more that an upswing, pullback, continuation up of a HIGHER timeframe, where one's focus should have been.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 32 KB
To free Gazans of Hamas, use whatever it takes.
  • #98,838
  • Oct 28, 2019 1:03pm Oct 28, 2019 1:03pm
Quoting DrDave
{quote} Looks to me like it was nothing more that an upswing, pullback, continuation up of a HIGHER timeframe, where one's focus should have been. {image}
After the fact - I have to agree with what you wrote.
My mistake altogether.
Despite what the HMA told me I saw a potential downward tendency.
You were right, I was wrong - that's the long and short of it.
  • #98,839
  • Oct 28, 2019 1:22pm Oct 28, 2019 1:22pm
Quoting josi
{quote} After the fact - I have to agree with what you wrote. My mistake altogether. Despite what the HMA told me I saw a potential downward tendency. You were right, I was wrong - that's the long and short of it.
I don't see an issue of right and wrong. I simply see different interpretations of a specific timeframe due to using differing amounts of surrounding information.
To free Gazans of Hamas, use whatever it takes.
  • #98,840
  • Oct 28, 2019 1:41pm Oct 28, 2019 1:41pm
Quoting DrDave
{quote} I don't see an issue of right and wrong. I simply see different interpretations of a specific timeframe due to using differing amounts of surrounding information.
I hear you.
You were right, I was wrong - that's the long and short of it.
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