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Trading Made Simple

  • #100,601
  • Feb 27, 2020 3:12pm Feb 27, 2020 3:12pm
Quoting emmanuel7788
{quote} {image} EURUSD Feb 27 update TP 2R reached Follow Price Action as it is laid out in Post#261. {image} you risk 1R and you make 2R. That's the nice game when you know how to make trading simple. Al the crap you read above about risking more than 20 to win 1, that is the highway to ruining your family, your home and all. Don't go there.
Now chart the EURGBP and then USDCAD

We welcome all convert

It takes a lot for me to IGNORE you, but you can try.
  • #100,602
  • Feb 27, 2020 3:17pm Feb 27, 2020 3:17pm
Quoting emmanuel7788
another disaster BLACK day {image} needs a piece of music to the rare occasion. https://www.youtube.com/watch?v=_eLU5W1vc8Y

catching the tail-end of the DAY

M1 scalping make good money while I enjoy my brekkie and music.

Attached Image (click to enlarge)
Click to Enlarge Name: NASQAD M1 scalping Feb 27 NY close.png Size: 30 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #100,603
  • Feb 27, 2020 3:19pm Feb 27, 2020 3:19pm
Quoting Erebus
{quote} Now chart the EURGBP and then USDCAD We welcome all convert

Send In The Clowns

enjoy!

Inserted Video
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #100,604
  • Feb 27, 2020 3:30pm Feb 27, 2020 3:30pm
Quoting eelfranz
Is that possible? Yes. Years ago when I retired I was looking for something to do. I attended a free local presentation about trading FX. My mind said "We can do that and make money too... from the recliner"... so the torture began as happens to all newbies... I bought one sure fire program for $2,300... saving $1,700 off the normal $4,000 price. Man... I'm on my way I thought. It was so difficult to understand and trade that I never made a dime... in fact I lost most of the time. When I called the companyit was all Greek to me... I thought a lot...
That's fascinating! I have come to find out that there is not one way to trade. I observe professionals from another website and they have brought to light to me the importance of an "investment philosophy" and "what are you looking at in the market?" Type of thinking! But I would be curious to see what insight you have and how this can help me and those I encounter.
  • #100,605
  • Edited Feb 28, 2020 4:36am Feb 27, 2020 3:36pm | Edited Feb 28, 2020 4:36am
Quoting emmanuel7788
{. Al the crap you read above about risking more than 20 to win 1, that is the highway to ruining your family, your home and all. Don't go there.
That is 1 person's opinion. Like so many other things presented on this thread, try it yourself and see if it works for you. Works fine for me.

Using a high risk:reward is not the highway to ruin but rather it is risking what you cannot afford to lose that is the highway to ruin. I risk a small amount of my initial stake when I first open an account. Soon after I am in a small profit, I risk only a portion of my PROFITS, never a portion of my initial stake.
To free Gazans of Hamas, use whatever it takes.
  • #100,606
  • Feb 27, 2020 3:50pm Feb 27, 2020 3:50pm
#100,607

well, it is always an opinion.

risking greater than 20 to win 1 ?

try risking one year of your annual salary and that would be the test if you can trade the real markets.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #100,607
  • Feb 27, 2020 3:51pm Feb 27, 2020 3:51pm
Quoting Innovator757
{quote} That's fascinating! I have come to find out that there is not one way to trade. I observe professionals from another website and they have brought to light to me the importance of an "investment philosophy" and "what are you looking at in the market?" Type of thinking! But I would be curious to see what insight you have and how this can help me and those I encounter.

Hi Innovator

Welcome to the thread!

In case you did not know, the OP of this thread passes away in 2012.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #100,608
  • Edited 11:08pm Feb 27, 2020 9:05pm | Edited 11:08pm
Quoting Roni26
{quote} Hi Tekkies, Yes you are correct. I entered on the second blue bar on daily which eventually turned red. I only trade the same hours as BigE as I am based in London so much easier to do so. Also my entries on the other charts were when the cross was confirmed on the TDI so there is not much I could do about them. BigE insinuated it would be ok to enter on bar 1 or 2. What would you say?
Roni, can't give you really advice on how to trade with TDI on D1 timeframe because it is outside my comfort zone, I prefer M15/H1.
Also I only go for 10 pips. Stay with an entry until I can break even plus spread, if the entry move further into profit I will take it by moving SL more into profit.
------
As to "BigE insinuated it would be ok to enter on bar 1 or 2" read Post 97,082
-----
- The angle of TDI green is the most important factor in this method: Post 97,094, Post 95,593
- That needs to be confirmed by Stoch direction.
- Where did TDI cross over (did you read TDI Cross.pdf ?)
- Don't forget post#647
----
There is not much els to add to what BigE has posted. BigE full.pdf

Iddd nailed it with: all you need is experience
----------
Edit: To get that experience
Go to my profile. Open Images and look at TDI entry's.
Take note of the following:
- Where the entry was placed
- TDI angle
- Stoch direction
- Level of crossover ( always close to the 50 line)
- Support / Resistance zone
- Bar size
- Wick length and placement (top /bottom)

All the other points mentioned in Post#647.
-----------
Go down to M1 and paper trade TMS.
- Draw trend-line where you see a TDI crossover is about to happen.
- Close trend-line at next crossover
Repeat process over and over and over for an hour.
Now go back and check the conditions which lead to profit / loss
---
Now repeat above on M5 for five houers
Now repeat above on M15 for fifteen houers
Now repeat above on M30 for thirty houers
Believe me when you have done H1 (60), H4(240), D1(1440) separately you will understand TMS with TDI.
I stopped doing that after my familie ask me why I look like a TDI crossover.

The trend line is replaced with a entry.
When family ask for profit, I ask them do I look like a ATM.
  • #100,609
  • Feb 27, 2020 11:46pm Feb 27, 2020 11:46pm
Ok I'm at who cares about what...your trades or you just giving money?
  • #100,610
  • Feb 27, 2020 11:49pm Feb 27, 2020 11:49pm
Quoting emmanuel7788
#100,607 well, it is always an opinion. risking greater than 20 to win 1 ? try risking one year of your annual salary and that would be the test if you can trade the real markets.
Try using common sense.
Quoting DrDave
Using a high risk:reward is not the highway to ruin but rather it is risking what you cannot afford to lose.
To free Gazans of Hamas, use whatever it takes.
  • #100,611
  • Feb 27, 2020 11:52pm Feb 27, 2020 11:52pm
Obviously anyone can reply but how stupid can one be to blame trump...obviously if jobs were home china wouldn't matter
  • #100,612
  • Feb 28, 2020 12:53am Feb 28, 2020 12:53am
Quoting jeditrader88
Ok I'm at who cares about what...your trades or you just giving money?
I care about your trades: The more you lose, the more I gain.
To free Gazans of Hamas, use whatever it takes.
  • #100,613
  • Feb 28, 2020 12:57am Feb 28, 2020 12:57am
Quoting jeditrader88
Obviously anyone can reply but how stupid can one be to blame trump...obviously if jobs were home china wouldn't matter
rrwise off-topic post
Yes, of course anyone can reply. But the TOS states the replies should be related to trading. So be sure to throw in any trading related with an off topic reply, and good to go. Does corona virus affect the markets? No. But it affects people's perceptions.
To free Gazans of Hamas, use whatever it takes.
  • #100,614
  • Edited 4:40am Feb 28, 2020 12:59am | Edited 4:40am
Quoting Tekkies
{quote} When family ask for profit, I ask them do I look like a ATM.
Well, if you stand over there and we move this light here, and then we squint, and the dog comes and starts to sniff your shoes, then ...
To free Gazans of Hamas, use whatever it takes.
  • #100,615
  • Feb 28, 2020 2:31am Feb 28, 2020 2:31am
Quoting emmanuel7788
{quote} {image} EURUSD Feb 27 update TP 2R reached Follow Price Action as it is laid out in Post#261. {image} you risk 1R and you make 2R. That's the nice game when you know how to make trading simple. Al the crap you read above about risking more than 20 to win 1, that is the highway to ruining your family, your home and all. Don't go there.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Feb 27 MoTu trade 27-2-2020 3-29-03 pm.png Size: 30 KB


EURUSD Feb 28 Daily trade update

with LO and running up nicely I keep my 2 open positions ...

today is Friday candle and it is still bullish. We have Month end today and next week Monday and Tuesday candles is what we shall be watching closely for CONTINUATION of the Price Action and the APB/HA candles above its 5EMA.

Whether there would be REVERSAL candle on Monday or Tuesday we have to wait and see ... follow one Daily candle at a time.
I always look at the Price and Previous Price Action for Support and Resistance before I look at the Stochastics and the RSI or TDI.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Feb 28 Daily Update LO 28-2-2020 4-23-04 pm.png Size: 47 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #100,616
  • Feb 28, 2020 3:16am Feb 28, 2020 3:16am
MONTH-END Fishing near the 2900 level

M2 scalping

Attached Image (click to enlarge)
Click to Enlarge Name: SP500 Feb 28 M2 scalping 28-2-2020 4-57-52 pm.png Size: 37 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #100,617
  • Feb 28, 2020 3:52am Feb 28, 2020 3:52am
Quoting emmanuel7788
MONTH-END Fishing near the 2900 level M2 scalping {image}

M2 scalp closed ... quick money.

Now wait for the next opportunity 2-3-5

Attached Image (click to enlarge)
Click to Enlarge Name: SP500 Feb 28 M2 trade closed 28-2-2020 5-49-25 pm.png Size: 38 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #100,618
  • Feb 28, 2020 4:07am Feb 28, 2020 4:07am
Quoting emmanuel7788
{quote} Hi Innovator Welcome to the thread! In case you did not know, the OP of this thread passes away in 2012.
Thanks!
  • #100,619
  • Feb 28, 2020 4:35am Feb 28, 2020 4:35am
Quoting emmanuel7788
I always look at the Price and Previous Price Action for Support and Resistance before I look at the Stochastics and the RSI or TDI. {image}
I always look for TDI green cross red first; if no cross, no need to waste time looking at ANYTHING else.
To free Gazans of Hamas, use whatever it takes.
  • #100,620
  • Feb 28, 2020 4:38am Feb 28, 2020 4:38am
Quoting emmanuel7788
#100,607 well, it is always an opinion. risking greater than 20 to win 1 ? try risking one year of your annual salary and that would be the test if you can trade the real markets.
The amount you risk has nothing to do with your ability to trade the real markets.
(You have so many failed ideas and reading comprehension problems that it is no wonder that you have failed at so much in your life.)
To free Gazans of Hamas, use whatever it takes.
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