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Trading Made Simple

  • #101,961
  • Mar 25, 2020 12:23pm Mar 25, 2020 12:23pm
Quoting DrDave
{quote} Maybe you forgot to follow your trend determination plan? Looks clear to me a lower low followed by lower high. Hmmm, I think I would choose selling rather than buying. But hey, I mostly see things differently than you see them. {image}
Not relevant.
By definition that is now classified as HINDSIGHT TRADING.
To be current and up to date please post chart's in nano seconds.
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  • #101,962
  • Mar 25, 2020 12:44pm Mar 25, 2020 12:44pm
Quoting Tekkies
{quote} Not relevant. By definition that is now classified as HINDSIGHT TRADING. To be current and up to date please post chart's in nano seconds. {image}
I simply COPIED the chart that he posted and added the 2 magenta lines. I was pointing out that at the time that he posted that chart calling attention to a buy setup, some technical analysis would have revealed that the BIGGER PICTURE, which he loves so much, was definitely not indicating buying. But you can be sure that the KAKs took yet another big gulp of that Kool-Aid and lost yet another 1R.
To free Gazans of Hamas, use whatever it takes.
  • #101,963
  • Mar 25, 2020 12:44pm Mar 25, 2020 12:44pm
In the mean time the v-line trend-line is coming nicely along.
Would be wonderful to be able to close this month with out chart re-fresh.
Export the open / close value of the trend-lines to excel. (Post 101,688)
Add spread to value + slippage (lattice)
Play a little bit with diffrent lot size.
- Average of profit / loss
- Median of profit / loss
- Max profit / loss
- Min profit / loss
- duration of trade


Hindsight trading?
- How could it be?
- Every trend-line is plotted in real time.
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  • #101,964
  • Mar 25, 2020 12:54pm Mar 25, 2020 12:54pm
Quoting Tekkies
In the mean time the v-line trend-line is coming nicely along. Would be wonderful to be able to close this month with out chart re-fresh. Export the open / close value of the trend-lines to excel. (Post 101,688) Add spread to value + slippage (lattice) Play a little bit with diffrent lot size. - Average of profit / loss - Median of profit / loss - Max profit / loss - Min profit / loss - duration of trade Hindsight trading? - How could it be? - Every trend-line...
Does your electricity stay on long enough for that to happen?
To free Gazans of Hamas, use whatever it takes.
  • #101,965
  • Mar 25, 2020 1:10pm Mar 25, 2020 1:10pm
Quoting DrDave
{quote} Does your electricity stay on long enough for that to happen?
Hope so Dawie.
It really feel strange not to suffer load shedding for the past seven days.
Last time was four hour's (2 x 2), right at Frankfurt / London open and New York open.
Not nice to trade like that. It cause haywire with any trading.
  • #101,966
  • Mar 25, 2020 2:07pm Mar 25, 2020 2:07pm
Quoting Tekkies
In the mean time the v-line trend-line is coming nicely along. Would be wonderful to be able to close this month with out chart re-fresh. Export the open / close value of the trend-lines to excel. (Post 101,688) Add spread to value + slippage (lattice) Play a little bit with diffrent lot size. - Average of profit / loss - Median of profit / loss - Max profit / loss - Min profit / loss - duration of trade Hindsight trading? - How could it be? - Every trend-line is plotted...
Speaking of hindsight trading, if I put on a TP and then after some time passes the TP is hit, did I do some FORESIGHT trading???

And if that is foresight trading, then what about putting on a pending order and then at some future moment the order is filled--also foresight trading?

And if those are valuable trading tools, then we should be spending more time discussing and studying FORESIGHT trading, no?
To free Gazans of Hamas, use whatever it takes.
  • #101,967
  • Mar 25, 2020 3:01pm Mar 25, 2020 3:01pm
Quoting DrDave
{quote} Speaking of hindsight trading, if I put on a TP and then after some time passes the TP is hit, did I do some FORESIGHT trading??? And if that is foresight trading, then what about putting on a pending order and then at some future moment the order is filled--also foresight trading? And if those are valuable trading tools, then we should be spending more time discussing and studying FORESIGHT trading, no?
Crystal-ball trading or Voodoo Trading?
To do that will require a lot more then taking a crossover of two photon lines. If we try and do that here we will kill the heart of this method.
----
For fun only: Stoch and TDI can already do that.
Place limit sell order at TDI level 64 and limit buy order at level 36.
Do the same with the 50 line add /sub 6 from 50
Same for Stoch add / sub 6 from 100 and 20.
Price has to cross that limit order. the only question is when.
  • #101,968
  • Mar 25, 2020 4:06pm Mar 25, 2020 4:06pm
Quoting Tekkies
{quote} Crystal-ball trading or Voodoo Trading? To do that will require a lot more then taking a crossover of two photon lines. If we try and do that here we will kill the heart of this method. ---- For fun only: Stoch and TDI can already do that. Place limit sell order at TDI level 64 and limit buy order at level 36. Do the same with the 50 line add /sub 6 from 50 Same for Stoch add / sub 6 from 100 and 20. Price has to cross that limit order. the only question is when.
Not important when it crosses. Can always create an alert for it so you don't have to check for it.
To free Gazans of Hamas, use whatever it takes.
  • #101,969
  • Mar 25, 2020 6:01pm Mar 25, 2020 6:01pm
For all my Persian friends this one if real funny.

please don't take offence, he is a comedian just like some posts above.

Inserted Video
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #101,970
  • Mar 25, 2020 6:08pm Mar 25, 2020 6:08pm
Market Indices

I like it when I see some rebound in recent days.

Lots of day trading opportunities when you spend less time writing and posting in public forums.
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #101,971
  • Mar 25, 2020 6:26pm Mar 25, 2020 6:26pm
Quoting emmanuel7788
{quote} {image} {image} TradingMadeSimple 101 Plan your Trade, Trade your Plan ... be patient and wait for the trade setup. buy setup at the support ... {image}
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EURCAD Mar 25

Take a buy loss -41 pips and move on to other trades.

Those Daily Pin Bar traders were right yesterday . Daily still sideways and choppy so there is opportunity for a new break into a bigger swing or trend. Trade both ways until that happens.

Today's bias looking at Daily ... make a guess and Plan your Trade. Always have a Plan A and a Plan B, your Plan C would be the best one.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #101,972
  • Mar 25, 2020 6:30pm Mar 25, 2020 6:30pm
Quoting TheFutureAce
{quote} your act is getting tiring. find a personal spot to go back and forth. let this thread be

sorry you are getting tired but someone has to warn people of potential scam websites like this one below:

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #101,973
  • Mar 25, 2020 6:40pm Mar 25, 2020 6:40pm
EURUSD Mar 26 trades

with 3 open positions and average entry price @1.08564, will wait and see if the current correction can turn into a bigger swing today for more add-on entries.

stay in the buy bias trades as long as the HA candles remains bullish blue. Caution when HA candles get smaller and closer to its 5EMA.

anyway whatever happens today and tomorrow, do not keep open positions over the weekend.
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #101,974
  • Mar 25, 2020 7:00pm Mar 25, 2020 7:00pm
TradingMadeSimple 101

GBPUSD Top Down Analysis Mar 26 Daily and H1

the Daily WRB was the first sign that the last major down swing has ended. Now the market type condition has been sideways range bound.

Traders will make their own decision based on their own view of the market and decide when to trade and when not to trade.

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my daily TMS chart below.

If you decide to buy today, your initial SL using 2bars-look back is Tuesday' Low and that would be your risk R. Do your trade Position Size.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #101,975
  • Mar 25, 2020 7:57pm Mar 25, 2020 7:57pm
GBPUSD Mar 26 trades open

open 3 entries on M15 and manage using the average entry price [email protected].

with BE at AEP, sit back and let the market decide.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #101,976
  • Mar 25, 2020 8:02pm Mar 25, 2020 8:02pm
Quoting emmanuel7788
EURUSD Mar 26 trades with 3 open positions and average entry price @1.08564, will wait and see if the current correction can turn into a bigger swing today for more add-on entries. stay in the buy bias trades as long as the HA candles remains bullish blue. Caution when HA candles get smaller and closer to its 5EMA. anyway whatever happens today and tomorrow, do not keep open positions over the weekend. {image}
Attached Image (click to enlarge)
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EURUSD Mar 26 Trade Management



With BE above average entry price AEP now,

I can sit back and relax, let the market decide.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Mar 26 trade management BE AEP 26-3-2020 8-59-33 am.png Size: 50 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #101,977
  • Mar 25, 2020 8:12pm Mar 25, 2020 8:12pm
Attached Image
  • #101,978
  • Mar 25, 2020 8:33pm Mar 25, 2020 8:33pm
Quoting kingsfort
{image}
Quoting eelfranz
OK... we've made the jump... we are now in Trading Systems under "Trading Made Simple"... I want to invite you all and lets build this new thread together... I'm depending on you... Let's kick bootie... Big E
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #101,979
  • Mar 25, 2020 8:49pm Mar 25, 2020 8:49pm
Would it be possible btw to have one combined alert indicator where following rules are met:

- TDI crossed at a good level with that right type or clock angle.
- Stochastic confirms within the direction
- Entry Candle closed below/above the 5 EMA depending on long or short signal.
- Price Action in the right type of layout/condition (length of bars, color, wicks and so on).
- Market Structure in the right type of condition, e.g. „trending“ (no sideways/range up and down situation near)
- No Support/Resistance problematic near.
- No upcoming high important news near.
- Between the right market time/hours (if this is important too, I guess so it is..

What else I didn’t miss?

I mean, this might would help to find more like a situation where two different traders using the same tools and criteria at least would end up with quiet the same trades.

I still don’t really understand why such „strategy“ needs to have so much subjectivity in it and can’t be at least semi automated like producing alerts following a fixed rule based plan where all important entry criteria is already calculated.

This would at least make two different traders life much easier / simple. And is the name of the topic „trading made simply“ not complicated?

I guess it can’t be that hard to bring most of the Tekkies or Emmanuel or BigE‘s rules to code.

Then you could quickly do a forward test taking every of the alerts signals produced for what ever time frame and instrument and have at least a fair transparent outcome or what works and what not.

Is it simply not possible or would that maybe destroy the Illusion of the TMS, the TDI and what else important rules here (if only taken correct) would
inevitably lead to success?
  • #101,980
  • Mar 26, 2020 2:56am Mar 26, 2020 2:56am
Quoting Tekkies
{quote} Get there with 10 pips a day. Touching this month's target. {image}
Really nice amounts, but I doubt, you ever will trade with more than 100
lots under same technical terms, also seems you're using high leverage.
trading is war - life is simple
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