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Trading Made Simple

  • #103,301
  • Apr 28, 2020 8:20am Apr 28, 2020 8:20am
Quoting emmanuel7788
{quote} That challenge is not about trading TMS. It was for members who make claims and talk a lot of shit in Forex Factory. The challenge was simple. Open a live TE and trade from Jan to Dec 2018, and if the account survive the 12 months, then the results speaks for itself. I joined in that challenge and my focus was on CONSISTENCY for that 12 months and I achieved my goal. https://www.forexfactory.com/showthr...0#post11834080 And Tekkies talked a lot of crap in that thread, tried to add / change some of the rules...
Sorry to burst your bubble, but this is NOT the image normal people have when asked to picture "consistency". However, if THAT picture of "consistency" is you achieving your goal, then congratulations on progressing from a totally RANDOM outcome to at least a highly questionable outcome.
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To free Gazans of Hamas, use whatever it takes.
  • #103,302
  • Apr 28, 2020 8:21am Apr 28, 2020 8:21am
Quoting DrDave
{quote} 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.
Correct me if I'm wrong, but it sounds like our approach is similar. It's just phrased differently. The fact that you first spot a potential move on H4 before going down to M4, M8, etc for (confirmation and) entry still makes it a top-down approach. You have been explaining that moves start from lower timeframes and progress upward. That's common knowledge -- I assume no one disagrees with that.

Quoting DrDave
{quote} 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.
That HH (and the HL prior) confirms the uptrend is still intact, and with it, directional bias. There's certainly value in that. (Especially when lddd contemplates taking a short signal.) Likewise, it wouldn't be logically sound for me to say that there's little value to your H4 bullish outlook.

We trade what we see, regardless of which timeframe we choose to observe.
  • #103,303
  • Apr 28, 2020 8:25am Apr 28, 2020 8:25am
Quoting DrDave
{quote} More evidence of your unstable mental condition. We already have plenty examples of it so please just stop. If you don't have something to contribute to TMS, then just stay silent. of course, my expectation of you actually making any changes in your behavior is... I expect to see no change at all for the better, because you have not gotten your mental problems under control.

'fake Dr.' ... fake Phd ... fake MD

all your daily posts show signs of your unstable mental condition and you need to find professional help and address your mental illness.

today we have members focus on trading discussions but you continue to attack me all because of your mental illness.

Unless you get professional help and start making contribution related to trading retail spot forex and this thread will be further ruin by you.

I am sure there are other members who would like to see more trading discussions and stop all the personal attack on me. This is not my thread and also this is not your thread and we are all members with same membership rights.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #103,304
  • Apr 28, 2020 8:30am Apr 28, 2020 8:30am
Quoting DrDave
{quote} Sorry to burst your bubble, but this is NOT the image normal people have when asked to picture "consistency". However, if THAT picture of "consistency" is you achieving your goal, then congratulations on progressing from a totally RANDOM outcome to at least a highly questionable outcome.{image}
'fake Dr.' ... fake PhD ... fake MD ...

look at the full 12 months below.

that thread : Verbal diarrhea matches trading skills? is meant for people like you. Talk only but cannot trade.

https://www.forexfactory.com/showthread.php?t=723914

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Do you have a full 12 months TE which show CONSISTENCY?

Look at your DEMO account vs my LIVE account before you judge me.

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Click to Enlarge Name: DrDave TE DEMO 28-4-2020 9-31-17 pm.png Size: 92 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #103,305
  • Apr 28, 2020 8:37am Apr 28, 2020 8:37am
Quoting lddd
{quote} Yes... I did not understand the correct usage of the 68/32 levels out of BigE´s 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 indicator´s 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...
- correct usage
BigE posted > Be careful, watch you trade
- 68 = overbought / 32 = oversold
Iddd, add these level's to TDI indicator > 41, 59, make the main chart window small, plot v-lines at ever crossover (ignore angle, it is distorted), different color for each level. Ctrl+A and check which zone gave the best result's. Change 41 / 59 to 45 / 55 and do it again, repeat and change time frame / pair, and repeat, repeat............
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Can remember you asked this very same question last year.

Google: What is there to say? A other web-page will say the opposite. in this case of "a reversal is possible", the possible did not happened with Post 103,268
You want to risk your money on a "possible" by all means do so.

short signal about 1 hour
Why risk a trade when post#647 say this
Am I in or close to a consolidation area
Are the previous candles small...
Look at the candles on the last reversal... big, little, what
  • #103,306
  • Apr 28, 2020 8:59am Apr 28, 2020 8:59am
Quoting yokoten
{quote} Correct me if I'm wrong, but it sounds like our approach is similar. It's just phrased differently. The fact that you first spot a potential move on H4 before going down to M4, M8, etc for (confirmation and) entry still makes it a top-down approach.
I never said that the APPROACH wasn't STARTED from the top. In fact, the very first line of the thread is
Quoting DrDave
Top Down Analysis with Intrinsic Market Timing
I simply start from largest timeframe and look at where it is in its cycling. I mark some "interesting" areas, and move to my next lower timeframe. I now have some "interesting" information from the higher timeframe to evaluate along with the cycling on the current timeframe. Imark "interesting" areas on the current timeframe, then move down to the next timeframe and repeat the process. I stop with M1, but I COULD change the M1 to S60, add more second charts, and continue with the second charts. But I have not found any advantage to going lower than M1.

Quoting yokoten
You have been explaining that moves start from lower timeframes and progress upward. That's common knowledge -- I assume no one disagrees with that.
I can't say that anyone has explicitly disagreed with that, but I assure you, many look to HIGHER timeframes to show them the trend/trade direction essentially ALL the time. You can see it in this thread and Trading Made Simple(r) as just 2 of many. And many of those same people dismiss as worthless timeframes smaller than M30, speaking about them as "random", "noisy", "untradable", etc. EVERY timeframe has a story to tell. At any given moment, some of the stories are more useful than others.
Quoting yokoten
That HH (and the HL prior) confirms the uptrend is still intact, and with it, directional bias. There's certainly value in that.
If you are speaking about the M5/M15 with that down move, at the time that the down move was progressing on M5, you do not have a CONFIRMED higher low. No one knows how far down that move will go before it stops. It is LIKELY to end and turn back up before retracing 100%, but there is no predicting what it will do. It was only AFTER the fact and is only useful for confirmation for what to do next. But there is nothing stopping you from EXPECTING it to be a mere pullback and trading it with caution. On M15, there is not enough information presented, for me anyway, to sell when that down bar closed.

Quoting yokoten
Likewise, it wouldn't be logically sound for me to say that there's little value to your H4 bullish outlook. We trade what we see, regardless of which timeframe we choose to observe.
People that limit themselves to viewing a single timeframe have no choice but to trade what is seen on that timeframe. But for those who also look at other timeframes and then display a timeframe to make the trade, then they are no longer trading ONLY what they are viewing, but they are processing this view through the filter of what was seen on the other timeframes, whether consciously aware of it or not.
To free Gazans of Hamas, use whatever it takes.
  • #103,307
  • Apr 28, 2020 9:05am Apr 28, 2020 9:05am
When you guys started this childish shit throwing, i thought, one of them must have the brains to ignore the posting against him, but it's only getting worse. Why don't one of you open a thread, called shit throwing, and post there everything you have to say to each other.
The other option, when your goal is to trade and make money, stop this and post only the things that matters, because that is the reason Big E opened this thread.

Have a nice day all.
  • #103,308
  • Apr 28, 2020 9:05am Apr 28, 2020 9:05am
Quoting lddd
#off-topic. If i do only 1 trade in 5 years, win that one and come out of 1 millions in profit can I then call my self a long term profitable professional trader? Also would a broker honor that trade and payout the million? Hmm.

Don't think the description "long term" will be befitting. Go with Extremely Profitable Profitable Trader
----
Broker? Good question. Wonder what battle Soros had when he broke London Bank with that billion profit trade.
  • #103,309
  • Apr 28, 2020 9:19am Apr 28, 2020 9:19am
Quoting emmanuel7788
{quote} ' today we have members focus on trading discussions but you continue to attack me all because of your mental illness.
Ha-Ha-Ha-Ha! ANOTHER good laugh! Listen to yourself:
Quoting emmanuel7788
I am sure there are other members who would like to see more trading discussions and stop all the personal attack on me. This is not my thread and also this is not your thread and we are all members with same membership rights.
But yet you just can't control YOURSELF (check below), even though you want others to behave differently.
Quoting emmanuel7788
fake Dr.' ... fake Phd ... fake MD all your daily posts show signs of your unstable mental condition and you need to find professional help and address your mental illness.
But you did indeed find some very good words--just direct them to YOURSELF, and see the improvement in this thread as a result.
Quoting emmanuel7788
Unless you get professional help and start making contribution related to trading retail spot forex and this thread will be further ruin by you.
What contribution to trading did you make with these posts?
#103,222
#103,232
#103,233
#103,241
#103,243
#103,256
Need I say more about your two-faced position?
To free Gazans of Hamas, use whatever it takes.
  • #103,310
  • Apr 28, 2020 9:20am Apr 28, 2020 9:20am
Quoting emmanuel7788
{quote} 'fake Dr.' ... fake Phd ... fake MD all your daily posts show signs of your unstable mental condition and you need to find professional help and address your mental illness. today we have members focus on trading discussions but you continue to attack me all because of your mental illness. Unless you get professional help and start making contribution related to trading retail spot forex and this thread will be further ruin by you. I am sure there are other members who would like to see more trading discussions and stop all the personal...
"today we have members focus on trading discussions but you continue to attack me all because of your mental illness."

Look who is spilling his gut's. Don't like your own medicine, Emmanuel?
  • #103,311
  • Apr 28, 2020 9:28am Apr 28, 2020 9:28am
Quoting emmanuel7788
{quote} 'fake Dr.' ... fake PhD ... fake MD ... look at the full 12 months below. that thread : Verbal diarrhea matches trading skills? is meant for people like you. Talk only but cannot trade. https://www.forexfactory.com/showthread.php?t=723914 {image} Do you have a full 12 months TE which show CONSISTENCY? Look at your DEMO account vs my LIVE account before you judge me. {image}
Yet ANOTHER pointless psoting you've made. But, even though you RECOGNIZE that this thread would benefit from not having such posts, you mental condition prevents you from stopping.
Quoting emmanuel7788
'fake Dr.' ... fake Phd ... fake MD all your daily posts show signs of your unstable mental condition . I am sure there are other members who would like to see more trading discussions ...This is not my thread and also this is not your thread and we are all members with same membership rights.
You see? Your own words--but you can't even make that posting without including bashing of someone else. You are one sad, pathetic case. An addict, just with a mental addiction rather than a physical one. (Well, some would argue that all addictions are chemically based, whether the chemicals are of endogenous or exogenous origin.)
To free Gazans of Hamas, use whatever it takes.
  • #103,312
  • Apr 28, 2020 9:30am Apr 28, 2020 9:30am
Quoting emmanuel7788
{quote} 'fake Dr.' ... fake PhD ... fake MD ... look at the full 12 months below. that thread : Verbal diarrhea matches trading skills? is meant for people like you. Talk only but cannot trade. https://www.forexfactory.com/showthread.php?t=723914 {image} Do you have a full 12 months TE which show CONSISTENCY? Look at your DEMO account vs my LIVE account before you judge me. {image}
Very odd. You suddenly give merit to a demo account when previously, you declare they are meaningless. Oh, of course, that mental instability of yours again.
To free Gazans of Hamas, use whatever it takes.
  • #103,313
  • Apr 28, 2020 9:33am Apr 28, 2020 9:33am
Quoting keansajeweki
When you guys started this childish shit throwing, i thought, one of them must have the brains to ignore the posting against him, but it's only getting worse. Why don't one of you open a thread, called shit throwing, and post there everything you have to say to each other. The other option, when your goal is to trade and make money, stop this and post only the things that matters, because that is the reason Big E opened this thread. Have a nice day all.
You think you are the first to post those sentiments??? Others have posted similarly beginning YEARS ago.
To free Gazans of Hamas, use whatever it takes.
  • #103,314
  • Apr 28, 2020 9:35am Apr 28, 2020 9:35am
Quoting yokoten
{quote} Correct me if I'm wrong, but it sounds like our approach is similar. It's just phrased differently. The fact that you first spot a potential move on H4 before going down to M4, M8, etc for (confirmation and) entry still makes it a top-down approach. You have been explaining that moves start from lower timeframes and progress upward. That's common knowledge -- I assume no one disagrees with that. {quote} That HH (and the HL prior) confirms the uptrend is still intact, and with it, directional bias. There's certainly value in that. (Especially...
yokoten, you wrong about "That's common knowledge -- I assume no one disagrees with that."
Mentioned what you and DrDave posted about three / four years ago and boy oh boy did I suffer the backlash.
  • #103,315
  • Apr 28, 2020 9:46am Apr 28, 2020 9:46am
Quoting Lookleft
{quote} I look for TMS setups at LO, NYO and NYSE open when the money starts to move and direction is set. The GU trade you showed, I took but only closed an hour ago for 90 pips by stepping up to H1 and waiting for an exit at 1.2500 (draw a line on the H1 and zoom out, what do you see?). Taking longs at or just above the 50 level give a better probability (shorts vice versa). Look back at the chart you posted and you'll see a couple of buy trades where the TDI cross was under the 50 level. They made pips but not very many.
Thanks a lot, great help!
  • #103,316
  • Apr 28, 2020 9:48am Apr 28, 2020 9:48am
Quoting emmanuel7788
{quote} Yes. That is easy but not for M15 trading. Use the Average Entry Price for entries. I trade the Daily swing and open multiple positions using the M5 signals ( can be RSI cross or MACD cross for automation) after the Daily reversal signal as per Big E post#8703. But I don;t use the TDI for exit. Use HA candle change colour for exit and use CandleStickTrailing Stop.
I found this one here on the forum which indicates to do exactly what I want (buy/sell at the next candle open). But have not tested it yet.

https://www.forexfactory.com/showthr...24#post3604424
  • #103,317
  • Apr 28, 2020 9:57am Apr 28, 2020 9:57am
GBPUSD H1/M15

The yellow vertical line is the open of the red H1 bar in both charts.

If you were long and looking at H1, when the HA bar marked with the red arrow closed, would it get your attention? It got mine, so I checked lower timeframes. M15 had a very nice story to help me decide what to do next. Was very clear to me, without even using TDI.

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To free Gazans of Hamas, use whatever it takes.
  • #103,318
  • Apr 28, 2020 9:59am Apr 28, 2020 9:59am
Quoting Tekkies
{quote} yokoten, you wrong about "That's common knowledge -- I assume no one disagrees with that." Mentioned what you and DrDave posted about three / four years ago and boy oh boy did I suffer the backlash.
Well then, I stand corrected. I can only comment based on my observations.
  • #103,319
  • Apr 28, 2020 10:05am Apr 28, 2020 10:05am
Quoting yokoten
{quote} Well then, I stand corrected. I can only comment based on my observations.
Yokoten, why be corrected?
You are not wrong in what you have posted. Just be prepared for the backlash you might suffer.
  • #103,320
  • Apr 28, 2020 10:20am Apr 28, 2020 10:20am
Quoting Tekkies
{quote} Yokoten, why be corrected? You are not wrong in what you have posted. Just be prepared for the backlash you might suffer.
I have erred on my assumption. That's all.
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