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  • #100,501
  • Feb 25, 2020 11:53pm Feb 25, 2020 11:53pm
Quoting Tekkies
{quote} Let me help you Emmanuel. Look carefully at that chart posted. > Take note of the following: - Every v-line is plotted where TDI has crossed over. - Every trend line is plotted to and from every bar that has a TDI crossover. Are you are saying BigE has also posted rubbish? Here are some links: Post 115, Post 4,317 (Harris thread), Post...
Post 4,317 is all red lines and not called "V lines". So just change your blue and yellow lines to red and don't call them "V lines", and you're golden.
To free Gazans of Hamas, use whatever it takes.
  • #100,502
  • Feb 25, 2020 11:56pm Feb 25, 2020 11:56pm
Quoting DrDave
{quote} Post 4,317 is all red lines and not called "V lines". So just change your blue and yellow lines to red and don't call them "V lines", and you're golden.
You mean my blue and yellow lines is confusing the crap out of Emmanuel?
Well, that is a good thing then, he does not have to visit the loo.
  • #100,503
  • Feb 26, 2020 12:02am Feb 26, 2020 12:02am
Quoting emmanuel7788
{quote} {image} DAX M5 scalping update with more profit locked, move my TP exit at the last low... being greedy! {image}
Hello Emmanuel. I'm sorry for asking again, but can you please share your MACD cloud settings?

Cheers
  • #100,504
  • Feb 26, 2020 12:10am Feb 26, 2020 12:10am
Quoting Tekkies
{quote} Let me help you Emmanuel. Look carefully at that chart posted. > Take note of the following: - Every v-line is plotted where TDI has crossed over. - Every trend line is plotted to and from every bar that has a TDI crossover. Are you are saying BigE has also posted rubbish? Here are some links: Post 115, Post 4,317 (Harris thread), Post...

hey Tekkies

I know every of those posts linked. Some of us tested every possible chart condition similar to those posts years ago when we developed TMS-II.

I have done my thousands of hours back-testing and forward testing and I confident of what I learned from Big E posts and what he meant in each and every of his posts and charts. I learned the difference of the two versions when trading in live market conditions using both the TDI#25 and the TDI RT versions. This is why I say you are lying in the GBPUSD H1 trade Feb 25 above. The onus is on you to prove to the people reading this thread. Show us the fact and not make insinuation that I make assumption.

You are the one who has not done your forward testing in live market conditions and still trying to teach others here that by drawing vertical lines on history prices in the past will be profitable. Stop dreaming and wake to the reality that trading retail spot forex does not work the way you live your dreams.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #100,505
  • Edited 12:38am Feb 26, 2020 12:14am | Edited 12:38am
Quoting Tekkies
{quote} You mean my blue and yellow lines is confusing the crap out of Emmanuel? Well, that is a good thing then, he does not have to visit the loo.

hey Tekkies


I cannot be confused by your nonsense drawing profit and loss trades on history price charts. We all know what hindsight trading is by looking back in history charts and imagine where to buy and where to sell. This is all nonsense and teaches nothing in real live trading.

You can mislead the newbies but you cannot mislead many who are more knowledgeable and experience that you in trading TMS 5-Method.

Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies nonense VLine 26-2-2020 4-35-22 pm.png Size: 340 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #100,506
  • Feb 26, 2020 12:57am Feb 26, 2020 12:57am
Quoting emmanuel7788
{quote}This is all nonsense and teaches nothing in real live trading.
mmm what do you call Post 100,464
Post 100,458 of course in hindsight you knew beforehand about the cap.
Post 100,454 of course in hindsight you knew all those Daily inside Bars are going to occur.
Post 100,441 of course in hindsight you can see a Trade Invalidation after it happens (15 to 30 min after the fact)
Some nice hindsight chart's would you not say so?
Newbie should really look at how many hindsight chart you post, where you give detail explanation after the fact.
Attached Image (click to enlarge)
Click to Enlarge Name: hindsight.PNG Size: 26 KB

They should ask you to show them where price would go. You know the drill:
Post a chart the moment you place the trade like in Post 100,483.
Make sure they are not pending order's

Cheers Emmanuel.
  • #100,507
  • Feb 26, 2020 1:04am Feb 26, 2020 1:04am
Quoting Tekkies
{quote} mmm what do you call Post 100,464 Post 100,458 of course in hindsight you knew beforehand about the cap. Post 100,454 of course in hindsight you knew all those Daily inside Bars are going to occur. Post 100,441 of...

and more deceptive writing to draw attention away from the facts written on charts.

people who pay attention to details and are experienced traders can't be fooled by Tekkies. He has been exposed over and over again.

here are the same charts again.

Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies #100,486 Feb 25, 1.08PM NY 26-2-2020 4-27-20 am.png Size: 471 KB


Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies #100,483 26-2-2020 2-31-53 am.png Size: 291 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #100,508
  • Feb 26, 2020 1:26am Feb 26, 2020 1:26am
Quoting emmanuel7788
About your Post#100.270 that another of your compounding theory rubbish and you know that won't work in retail spot forex trading.
What „compounding theory rubbish“ ?
  • #100,509
  • Feb 26, 2020 1:36am Feb 26, 2020 1:36am
Quoting lddd
{quote} What „compounding theory rubbish“ ?

compounding interest works when I deposit my money with a bank... my account grow over a longer time period.

but in retail spot forex when 95% (maybe even more) of traders lose ... you can figure that out that claim by Tekkies in his post 100,270.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #100,510
  • Feb 26, 2020 1:43am Feb 26, 2020 1:43am
Quoting emmanuel7788
{quote} and more deceptive writing to draw attention away from the facts written on charts. people who pay attention to details and are experienced traders can't be fooled by Tekkies. He has been exposed over and over again. here are the same charts again. {image} {image}
I would agree with that particular trade example.

1) Not in direction of the Trend
2) If you care about S/R = no trade

Not waited for the setup candle to be closed is a different story but at least these 2 facts should have let you stayed out of that trade.

I see a few more reasons why that trade would be against the rules BigE gave but as already said a lot of times there is actually no trader here left posting only trades following these rules.

Everyone decided to create or follow on rules here, some say TDI is king, some say price action is the leading entry criteria before the indicator. Other ones over complicating things to a maximum finding for every trade a reason why it would be invalid. But actually no one here follows the original rules.

I wonder why still all fight about who is right or wrong then. If you would follow the rules like described in post 1 by the OP you ALL are wrong based on many trade examples that you posted it’s clear to see none of you gurus are following the rules. :-)
  • #100,511
  • Feb 26, 2020 2:02am Feb 26, 2020 2:02am
Quoting emmanuel7788
{quote} compounding interest works when I deposit my money with a bank... my account grow over a longer time period. but in retail spot forex when 95% (maybe even more) of traders lose ... you can figure that out that claim by Tekkies in his post 100,270.
More nonsense being used to bash another member.

Where are your numbers that SHOW us this large percentage of losing retail traders used ANY type of compounding? Your bank applying compound interest is a poor analogy to the compounding that Tekkies is talking about.

Looks like you've played with this image so much that you have fallen into it.
Maybe you can post some smoke-and-mirror images for variety?
Attached Image
To free Gazans of Hamas, use whatever it takes.
  • #100,512
  • Feb 26, 2020 2:06am Feb 26, 2020 2:06am
Quoting lddd
would follow the rules like described in post 1 by the OP you ALL are wrong based on many trade examples that you posted it’s clear to see none of you gurus are following the rules. :-)
YOU HAVE SUCCEEDED!
Attached Image
To free Gazans of Hamas, use whatever it takes.
  • #100,513
  • Feb 26, 2020 2:10am Feb 26, 2020 2:10am
Quoting lddd
{quote} I would agree with that particular trade example. 1) Not in direction of the Trend 2) If you care about S/R = no trade Not waited for the setup candle to be closed is a different story but at least these 2 facts should have let you stayed out of that trade. I see a few more reasons why that trade would be against the rules BigE gave but as already said a lot of times there is actually no trader here left posting only trades following these rules. Everyone decided to create or follow on rules here, some say TDI is king, some say price action...
Not following the rules?
Which rules will that be Idd?
Let see if that chart does follow "the rules" with post#647.
It depends totale on how you understand post#647 and read the chart's
Do you see them as rule's or did BigE posted advice and guidelines.
Attached Image (click to enlarge)
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  • #100,514
  • Feb 26, 2020 2:15am Feb 26, 2020 2:15am
Quoting emmanuel7788
{quote} compounding interest works when I deposit my money with a bank... my account grow over a longer time period. but in retail spot forex when 95% (maybe even more) of traders lose ... you can figure that out that claim by Tekkies in his post 100,270.
Well compounding works everywhere where you let your money work for you.

I guess what you mean is that with trading on a leveraged account at some point the percentage growth to your account becomes linear and compounding flattens out because your broker will simply not allow you to open positions that big as you would need to keep such theoretical percentage growth.

That is most likely the reason why traders with billions as capital already feel hard to make 10% p.a (solely based from FX trading) while on the other hand some smaller retail trader with leverage is able to make 10% per month while compounding profits up to a certain level.

I would agree at some point the calculation will not work anymore like in the theory because of broker limitations or simply market liquidity.

But if you come to that point you could have been for sure compounded to a million a few millions? I guess Tekkies don’t want to compound that way anymore once he made that few millions...
  • #100,515
  • Feb 26, 2020 2:29am Feb 26, 2020 2:29am
Quoting lddd
{quote}I guess Tekkies don’t want to compound that way anymore once he made that few millions...
Well, did manged to reach midway March2020, the following month's I am not so sure about.

After all there is nothing wrong to try and follow that lot size. Am already trading with a lot size of 5.00
Remember it is a cent account
-------
Cent accounts are trading accounts within retail foreign exchange trading with balance measured in cents instead of the US dollars. Trading accounts dealing in cents are handled the same way as any US dollar account with the only difference being the nominal amounts.
Cent accounts - Wikipedia
  • #100,516
  • Edited 3:08am Feb 26, 2020 2:57am | Edited 3:08am
Quoting Tekkies
{quote} Well, did manged to reach midway March2020, the following month's I am not so sure about. After all there is nothing wrong to try and follow that lot size. Am already trading with a lot size of 5.00 Remember it is a cent account ------- Cent accounts are trading accounts within retail foreign exchange trading with balance measured in cents instead of the US dollars. Trading accounts dealing in cents are handled the same way as any US dollar account with the only difference being the nominal amounts. Cent...
Well that is a complete different world from trading and compounding with multiple lots starting at lets say a real $50.000,00 USD account.

I did put aside that amount for two years ago for manually trading as I started with learning the TMS strategy. I aim for 2-3% per month which represents a 2000-3000k and that is already incredible hard to consistently do, not even talking about compounding and trading multiple lots.

I trade 1 Lot aiming for 20 Pips per day, always have my SL about 10 but no more than 15 Pips, now moves from M15 to M5 because of what I like to trade most (EU) is not giving a lot of options to reach even a 20 pips target on average per day (even if waiting hours for that perfect trade setup)

Hence I can only say this already is a psychological task to me. I am not sure I could do that with even more money on the account to keep up with a 2-3% monthly target. Maybe with trading multiple entries exists on smaller position size but I really feel overwhelmed by this and like inside our single entry single exit for a fixed lot or dollar amount.

I just started to keep my trading limited only to the first few hours of the EU open, which is all ever needed to reach my goals. Also I skipped trading Monday and fridays. So now even only 3 days per week and an extra rule do avoid overtrading. I only take 3 trades per day no matter what happens. If i lose 2 in a row I normally not even trigger a 3rd one (even if there is one). I wait for the next morning and exit the day with probably a -$250-300. If i win one trade for a $200 I stop trading for that day as well. If I see my trade is in floating profit of 10 pips and price is moving slow and tend to go back or hit my sl I take 10 pips profit or break even or a small loss but then also stop for the day. Same procedure for every day.
  • #100,517
  • Feb 26, 2020 3:07am Feb 26, 2020 3:07am
Quoting lddd
{quote} I trade 1 Lot aiming for 20 Pips per day, always have my SL about 10 but no more than 15 Pips, now moves from M15 to M5 because of what I like to trade most (EU) is not giving a lot of options to reach even a 20 pips target on average per day (even if waiting hours for that perfect trade setup) .
so consider these alternatives.
1 lot 20 pips 1x per day
1 lot 10 pips 2x per day
2 lots 10 pips 1x per day
4 lots 5 pips 1x per day (I did this already 2x today with GBPUSD)

Even most counter-trend moves go more than 5 pips.
To free Gazans of Hamas, use whatever it takes.
  • #100,518
  • Edited 3:59am Feb 26, 2020 3:47am | Edited 3:59am
Quoting DrDave
{quote} so consider these alternatives. 1 lot 20 pips 1x per day 1 lot 10 pips 2x per day 2 lots 10 pips 1x per day 4 lots 5 pips 1x per day (I did this already 2x today with GBPUSD) Even most counter-trend moves go more than 5 pips.
Yes but I really try to avoid going against the trend direction, where trend direction for me only means looking at the H1 before starting my day. And if there is not even a clear trend in one direction (not only 1-2 candles, I mean decent swings from the complete left to right chart) you don’t have a lot of trades that way to reach 20 Pips per day. That’s why I still trigger more trades than I actually want and skip from one chart to another because trading just one or two currency pairs don’t even provide 1 valid trade setup scenario per day (on average).

Taking setups based on what ever market condition even going counter for a 20 pips target got my slaughtered in the in the past with two many trades open at the same time I could not even monitor anymore which is critical on a candle changing every few minutes.

Thats why i also asked in the past if there is a favorable market/currency pair with average clear trending conditions so I could stop trading on more than one instrument. But I still did not found that. If I would for example only have concentrated on EUR/USD or only GPB/USD following such procedure I would maybe not even reached a 50 Pips/month. I am really selective now with my entries trading 1 Lot normally. I don’t want to hit 10 losers in a row which happens fast with a 10 Pips SL taking every setup in every kind of market condition at every time of the day.

With 4 Lot 5 pips per day as a target? Hah, so i could risk 2,5 Pips based on 2:1 Risk/Reward. 1-2 Pips already paid to the broker (not to forget about the ECN commission of 4.5 USD I pay for that lot).

My SL is already very tight for the M5/15 TF. And I really need to perfectly time my entries pixel perfect as soon as I get a signal / see a setup.

Price already has NO Pip room the breathe with a 10 Pips SL, how to you want to realize that with a 2 Pips SL? 1-2 seconds and you are stopped out if market is volatile even if it goes to your direction 5 minutes later (you are OUT already).
  • #100,519
  • Feb 26, 2020 4:06am Feb 26, 2020 4:06am
Quoting lddd
{quote} If I would for example only have concentrated on EUR/USD or only GPB/USD following such procedure I would maybe not even reached a 50 Pips/month. I am really selective now with my entries trading 1 Lot normally. I don’t want to hit 10 losers in a row which happens fast with a 10 Pips SL taking every setup in every kind of market condition at every time of the day.
That is odd. This month I have traded 9 days, 201 pips, all winners, all GBPUSD.
Two were targeted for 10 pips, The rest for 5 pips. I traded 1 lot for the 10pip targets and more lots for the 5 pip targets. And you see, the normalized average is about 20 pips per day.

Note that even if I had a goal of only 10 pips per day and traded only 10 days per month, that would be 100 pips. So I find it difficult to understand how you could expect to fail to achieve even 50 pips per month.
To free Gazans of Hamas, use whatever it takes.
  • #100,520
  • Feb 26, 2020 4:19am Feb 26, 2020 4:19am
Iddd: even if it goes to your direction 5 minutes later (you are OUT already).

Don't we all suffer that setup every day.
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