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Trading Made Simple

  • #103,261
  • Apr 28, 2020 3:57am Apr 28, 2020 3:57am
Quoting lddd
Valid TMS Trade? EUR/USD M15 Red vertical: Setup after candle closed where TDI red/green crossed Yellow vertical: Entry candle {image}
Yes.
- Green angle above 1
- Stoch confirm direction
- Crossover just below 50 line (TDI cross.pdf)
- Trade enter on the start of blue bar (red v-line)
Need to keep an eye on trade for it is now in a resistance zone (0,8312 <> 0.8345)
  • #103,262
  • Apr 28, 2020 3:59am Apr 28, 2020 3:59am
Quoting DrDave
{quote} Correct! It simply keeps the thread in its pathetic status quo of the Trampling My System thread. When the biggest offender stops the wildly off-topic postings and member bashing, then there will be nothing off-topic to quote--problem solved. So in the big picture, it is all in the hands of one person. Do you think that he will step up, or continue to trample down?
What you could do

- Ignore
- Report to FF
- Keep the fights ongoing with even more meaning less posts

Honestly do you really think a member posting here for years over years will suddenly stop just because you or anyone else wants to see this happens? It doesnīt matter how much you guys call each other pathetic. Maybe get some life outside the internet or so, i donīt know...
  • #103,263
  • Apr 28, 2020 4:02am Apr 28, 2020 4:02am
Quoting Tekkies
{quote} Yes. - Green angle above 1 - Stoch confirm direction - Crossover just below 50 line (TDI cross.pdf) - Trade enter on the start of blue bar (red v-line) Need to keep an eye on trade for it is now in a resistance zone (0,8312 <> 0.8345)
Thanks for the feedback, did not take the trade but just wanted to know what you think about TDI and Stoch.

What are some solutions for spotting these resistance/support areas, even if doing that manually. I still have lots of problems spotting them. Also should i care only about the areas for the timeframe i execute the trade as well as plan my stop and exit for or doesnīt it make more sense to only use more major S/R areas drawing them on one or even more time frames higher?
  • #103,264
  • Apr 28, 2020 4:07am Apr 28, 2020 4:07am
Quoting lddd
{quote} What you could do - Ignore - Report to FF - Keep the fights ongoing with even more meaning less posts Honestly do you really think a member posting here for years over years will suddenly stop just because you or anyone else wants to see this happens? It doesnīt matter how much you guys call each other pathetic. Maybe get some life outside the internet or so, i donīt know...
That will depend on the urge to be the" MAN"
-----
Iddd, read what dcginc posted in Post 7,293. Maybe it can help you a bit to wrap your mind around TDI and it's quirk's.

Quoting lddd
{quote} Thanks for the feedback, did not take the trade but just wanted to know what you think about TDI and Stoch. What are some solutions for spotting these resistance/support areas, even if doing that manually. I still have lots of problems spotting them. Also should i care only about the areas for the timeframe i execute the trade as well as plan my stop and exit for or doesnīt it make more sense to only use more major S/R areas drawing them on one or even more time frames higher?
Try this:Post 85,239
  • #103,265
  • Apr 28, 2020 4:32am Apr 28, 2020 4:32am
Quoting lddd
{quote} What you could do - Ignore - Report to FF - Keep the fights ongoing with even more meaning less posts Honestly do you really think a member posting here for years over years will suddenly stop just because you or anyone else wants to see this happens? It doesnīt matter how much you guys call each other pathetic. Maybe get some life outside the internet or so, i donīt know...
Many members have reported him, all to no avail.

Well, maybe all of the worthless posts filling the thread will convince newcomers to stay away and the thread can finally take its "normal" course.
To free Gazans of Hamas, use whatever it takes.
  • #103,266
  • Apr 28, 2020 4:32am Apr 28, 2020 4:32am
What about this short signal for GBP/USD M15. Would have been a loss. Any of the original TMS rules that would have kept me out of going short here? Or just one of those setups you have to accept as a loss?

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  • #103,267
  • Apr 28, 2020 4:35am Apr 28, 2020 4:35am
Quoting lddd
{quote} There used to be a TMS challenge?
There is CURRENTLY a TMS challenge! The challenge is getting through all of the worthless and nonsense postings to find the ones that are actually relevant to Trading Made Simple.
To free Gazans of Hamas, use whatever it takes.
  • #103,268
  • Edited 5:56am Apr 28, 2020 4:38am | Edited 5:56am
Quoting emmanuel7788
{quote} Tekkies No. You don't get it do you? There is no reason why I should leave this thread. I have been here since 2012 and make my contribution here. On the other hand you should leave this thread because since you came on board in 2016 this thread became the COMEDY thread . Who are you to judge lddd? You are a newbie who started in 2016 and make may fasle claims to have 85% to 90% win rate yet lost in every competition and challenge in 2016, 2017, 2018, .... If you have any integrity and decency left in you, then you are the one who should...
If you won't man-up and do the right thing and leave the thread, then at least stop posting all of your off-topic material, which includes bashing other members.
To free Gazans of Hamas, use whatever it takes.
  • #103,269
  • Apr 28, 2020 4:41am Apr 28, 2020 4:41am
Quoting emmanuel7788
{quote} Yes. The setup is good. - price action is the REVERSAL candle with a swing low - Stoch cross UP signal is for the setup - TDI green show the momentum of the setup - that is also a CandlePattern#2 TMS_V19 alert. however, you need to mitigate those risk trading into the recent swing highs seen to the left but remember that previous resistance can be tested and broken and become support later on. did you watch those Synergy videos? Big E mentioned those tutorial videos a lot in his old thread. I would also pay attention to the other...
Nice that you answered the question. Not nice that you added in IRRELEVANT details about OFF-TOPIC EA!!!!!!!!!
To free Gazans of Hamas, use whatever it takes.
  • #103,270
  • Apr 28, 2020 4:42am Apr 28, 2020 4:42am
Quoting lddd
What about this short signal for GBP/USD M15. Would have been a loss. Any of the original TMS rules that would have kept me out of going short here? Or just one of those setups you have to accept as a loss? {image}
Why are you ignoring level 68?
Iddd, have you really sat down and studied BigE full.pdf?
Attached Image
  • #103,271
  • Apr 28, 2020 5:07am Apr 28, 2020 5:07am
Quoting lddd
What about this short signal for GBP/USD M15. Would have been a loss. Any of the original TMS rules that would have kept me out of going short here? Or just one of those setups you have to accept as a loss? {image}
BigE mentioned that price swings run about 3-8 bars.

Therefore, start looking for signs of a turn after 3 closed bars.

If the swing is still going after 8 bars, then highly likely you are now looking at too mall of a timeframe.

Look back at charts of any timeframe and examine what follows after a swing ends. Do you see a RETRACEMENT followed by a continuation or do you see a full-blown reversal to the opposite direction? Do you see any way to label this new swing as either a reversal or as a retracement?
To free Gazans of Hamas, use whatever it takes.
  • #103,272
  • Apr 28, 2020 5:18am Apr 28, 2020 5:18am
Quoting emmanuel7788
{quote} {quote} did this solve the problem you had? {image}
Thanks a lot emmanuel for your efforts
i think that will fix will feed you back if other wise
  • #103,273
  • Apr 28, 2020 5:20am Apr 28, 2020 5:20am
Quoting Tekkies
{quote} Why are you ignoring level 68? Iddd, have you really sat down and studied BigE full.pdf? {image}
Yes... I did not understand the correct usage of the 68/32 levels out of BigEīs posts so far.

68 = overbought = short signals will be ignored?
32 = oversold = long signals will be ignored?

How to read these levels regarding to the lines of the TDI indicatorīs window.

If TDI green/red line "touching" the levels?
If TDI green/red line "near" the levels?
If Price closed above/below the levels?

Also what is the logic behind it skipping those trades forming at these levels? There is a lot of discrepancy about overbough/oversold again if you listen to many traders opinion, so lets have a look at what Google says:

"Overbought means an extended price move to the upside; oversold to the downside. When price reaches these extreme levels, a reversal is possible."

So actually i cannot see whats wrong going short at 68 and buy on 32. Most of the times i see the best price moves coming from these levels if looking back at the TDI Historam, and isnīt that actually what you want to happen, a bigger movement of price in your direction?

Then what about the short signal about 1 hour earlier this morning, marked (red vertical line). Would have been a loss as well or break even at best, at least not reaching even a 10 pips TP...

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  • #103,274
  • Edited 8:50am Apr 28, 2020 5:32am | Edited 8:50am
Quoting lddd
What about this short signal for GBP/USD M15. Would have been a loss. Any of the original TMS rules that would have kept me out of going short here? Or just one of those setups you have to accept as a loss? {image}
Couple of noteworthy things when I popped up to H1: previous candle (08:00GMT) closed with HH (wick) and the pair was (and is still) in an uptrend.
  • #103,275
  • Apr 28, 2020 5:32am Apr 28, 2020 5:32am
Quoting lddd
What about this short signal for GBP/USD M15. Would have been a loss. Any of the original TMS rules that would have kept me out of going short here? Or just one of those setups you have to accept as a loss? {image}
What about using more information that is readily available to you to make a winner from that?

On M15 I marked a yellow vertical on the white bar to the left of that red bar because when this white bar closed, it had both a LH and LL than the prior bar. That is not "good" behavior for an uptrend. Look at that vertical on M15 on the left sitting on the white bar. That is the same time as the open of the M15 bar, so those 2 red bars after it are still part of the M15 bar.

When the M15 red bar OPENS, this is M5 red bar that is opening on the 2nd yellow vertical. If you would have been looking at this valuable M5 information, you could have made your sell at the open of this M5 bar, which also is the open of the M15 red bar.

I put the crosshair a bit BELOW the open of the M5 bar to be conservative. Then that down move, as you can see, went for 14 more pips. I think you could have gotten 10 pips from that, no problem, before price turned back up.

Because you were focused solely on M15, you were waiting for that red bar to close before deciding to make an entry. So your sell at the open of the next bar was already AFTER when you could have been in and out for 10 pips on M5. In addition, if you would have been looking at M5, and entered where marked and decided to use a trailing stop at 10 pips with BE+2 pips, you STILL would have gotten out with at least 2 pips and not a loss.

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To free Gazans of Hamas, use whatever it takes.
  • #103,276
  • Apr 28, 2020 5:37am Apr 28, 2020 5:37am
Quoting DrDave
{quote} BigE mentioned that price swings run about 3-8 bars. Therefore, start looking for signs of a turn after 3 closed bars. If the swing is still going after 8 bars, then highly likely you are now looking at too mall of a timeframe. Look back at charts of any timeframe and examine what follows after a swing ends. Do you see a RETRACEMENT followed by a continuation or do you see a full-blown reversal to the opposite direction? Do you see any way to label this new swing as either a reversal or as a retracement?
Thanks Dave.

Well i donīt even know how to differ between a retracement, continuation or full-blown reversal.... Isnīt it also just subjective to the time frame you trade? On M1 maybe a 30 Pips move can be seen as reversal while on D1 you wouldnīt even see such move from the chart.

Ok so i understand that counting HA bars could help to see the probabilties of a change in direction after X HA bars before i am doing any entry at all. So for example only going long if its the first bullish HA bar opened after the TDI cross happened and short vice versa.

But if you are in sideways market almost every second HA bar will change color and move up and down for almost nothing where i could reach even a small profit target, so i am still not sure how to make sure to skip these conditions while nobody can forecast if a concolidation is over or about to start with the next bar.
  • #103,277
  • Apr 28, 2020 5:37am Apr 28, 2020 5:37am
Quoting lddd
{quote} Yes... I did not understand the correct usage of the 68/32 levels out of BigEīs posts so far. 68 = overbought = short signals will be ignored? 32 = oversold = long signals will be ignored? How to read these levels regarding to the lines of the TDI indicatorīs window. If TDI green/red line "touching" the levels? If TDI green/red line "near" the levels? If Price closed above/below the levels? Also what is the logic behind it skipping those trades forming at these levels? There is a lot of discrepancy about overbough/oversold again if you listen...
Iddd, it has been said before and it bears repeating: You need to find a mentor for TMS! You are asking basic questions about this system that are clearly presented in the thread.
To free Gazans of Hamas, use whatever it takes.
  • #103,278
  • Apr 28, 2020 5:46am Apr 28, 2020 5:46am
Quoting lddd
Also what is the logic behind it skipping those trades forming at these levels? There is a lot of discrepancy about overbough/oversold again if you listen to many traders opinion, so lets have a look at what Google says:
Excellent question! What IS the logic behind the usage of those levels BY BigE? No, let's not have a look at what Google says, let's have a look both at what BigE says AND what YOU say when YOU go and look at charts with examples of this situation. It's not that hard to do! Find instances where TDI is above 68 and is still above when ther is a sell signal and write down what happens after that. Likewise, find examples where TDI was above 68 and has headed down and is now between 65 and 50 when you get a sell signal and write down what happens after that. After you have at least 20 examples of each condition, examine your results and see if you can make a conclusion as to whether or not YOU think it is worthwhile to take a sell when EITHER condition occurs, when one specific condition occurs, or to never follow either of these conditions because you found them to give negative results.
To free Gazans of Hamas, use whatever it takes.
  • #103,279
  • Apr 28, 2020 5:55am Apr 28, 2020 5:55am
Quoting DrDave
Because you were focused solely on M15, you were waiting for that red bar to close before deciding to make an entry.
Yes exactly, i didnīt look at M5 only M15.

I am trying to find a way to get a more objective ruled based routine that works for me.

So you are right i could have booked in profits or at least went out of that trade entered a short only on M5 here. But the problem is, at some point i have to come to and end? To a final decision triggering the buy or sell button.

For sure i could have jumped down to M5,M4,M3,M2, M1 or a Tickchart as well as looking up higher again (H1) to see what the chart is showing there.

Quote
Couple of noteworthy things when I popped up to H1: previous candle (10:00GMT) closed with HH (wick) and the pair was (and is still) in an uptrend.

Its exactly the kind of trouble i mean. I guess asking about that trade setup a 100 more traders i would get a 100 more different suggestions, non of them either more right or wrong.

I am not sure how to build any kind of routine / trading plan / entry / exits with so much different things.

What if i would just focus on one time frame below H1 trading the TMS, like M15. Only look at M15, only enter on M15, only SL/TP for M15. Any chance of an profitable outcome even if just trying one instrument like GU between london open-close?.
  • #103,280
  • Apr 28, 2020 5:55am Apr 28, 2020 5:55am
Quoting yokoten
{quote} Couple of noteworthy things when I popped up to H1: previous candle (10:00GMT) closed with HH (wick) and the pair was (and is still) in an uptrend.
Although nice logic, that H1 previous candle is not of much value when trying to determine if the swing will continue or end; that information comes ONLY from smaller timeframes, not larger.

A couple of hours before London open this morning, I did my IMT analysis and already determined that it was "time" for H4 to go up. So I already had my charts displayed for M4, M8, M16, M32, M64 so I could see WHEN this H4 starting up was happening, and when it appeared to be happening, waiting for CONFIRMATION, then buying. So I already made entries with multiple lots and have been exiting some of them to take profits, leaving some of them running, and adding on more buys as they set up on the "correct" lower timeframe.
To free Gazans of Hamas, use whatever it takes.
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