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Trading Made Simple

  • #104,721
  • May 27, 2020 7:45am May 27, 2020 7:45am
Good job to the rest of the IMT/TDI followers! You knew to use lower timeframe to enter as the up move progressed through the timeframes. It showed you the turn around.

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To free Gazans of Hamas, use whatever it takes.
  • #104,722
  • May 27, 2020 8:45am May 27, 2020 8:45am
Good to see that you IMT/TDI traders were making the continuation sells while checking higher TFs, and are now looking with caution at the present potential continuation.
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To free Gazans of Hamas, use whatever it takes.
  • #104,723
  • May 27, 2020 9:39am May 27, 2020 9:39am
Beautiful hindsight trading.
----
Look what TDI did with out counting 1 2 3 4 5.
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  • #104,724
  • May 27, 2020 9:47am May 27, 2020 9:47am
USDCAD killing my weeks profits :-/

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  • #104,725
  • May 27, 2020 9:52am May 27, 2020 9:52am
Quoting emmanuel7788
{quote} let me think about this and work on a 'most conservative settings' for trading M15. - conservative entry would be to use the OP s/u candle like in this HINDSIGHT training chart {image} - conservative exit would be follow his Post#6 and to avoid the CONFUSION in his Post#7612 TMS_V19 can trade exactly following s/u candle entry and TDI exit as above ... but you will lose your $5k very...
It doesn’t need to be M15 just what ever time frame you say it will give better results than 50% or a 30-40% where TP is at least 2-3 higher on average than SL.
  • #104,726
  • May 27, 2020 10:02am May 27, 2020 10:02am
Dear emmanuel and fellow traders; in post 25 template the moving average setting is period 5 shift 2 method simple and apply to typical HLC/3,,,,but big E said he use EMA; so which setting should I use for moving average? thanks alot for my dump questions
  • #104,727
  • May 27, 2020 10:43am May 27, 2020 10:43am
Quoting lddd
USDCAD killing my weeks profits :-/ {image}
That happens when you trade on "feelings".
----
You know the drill by now Iddd.
When green cross red with stoch confirming direction.
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  • #104,728
  • May 27, 2020 10:55am May 27, 2020 10:55am
Quoting Tekkies
{quote} That happens when you trade on "feelings". ---- You know the drill by now Iddd. When green cross red with stoch confirming direction. {image}
No Tekkies actually i followed a TDI H1 Signal here that gave a steep angle after it closed above the ma. As I entered it made good upward move before and even the H4 candle was bullish at that time. That’s just how very bad predictive the TDI is.
  • #104,729
  • May 27, 2020 11:10am May 27, 2020 11:10am
Quoting DrDave
Good to see that you IMT/TDI traders were making the continuation sells while checking higher TFs, and are now looking with caution at the present potential continuation. {image}
Well, you IMT/TDI traders that were viewing that small up swing with caution after that very long down swing must know something... You were quite a head of the game--even before M15 turned, you had your pips harvested from the down move and were geared up to change direction.
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  • #104,730
  • May 27, 2020 11:16am May 27, 2020 11:16am
Quoting Tekkies
Beautiful hindsight trading. ---- Look what TDI did with out counting 1 2 3 4 5. {image}
Sure, only hindsight trading is important here now, because Fake Trader declared this is not a live trading room.

Quoting emmanuel7788 (Fake Trader)
this is not a live trading room for interactive trading during live market sessions.
To free Gazans of Hamas, use whatever it takes.
  • #104,731
  • May 27, 2020 11:22am May 27, 2020 11:22am
Quoting Tekkies
Beautiful hindsight trading. ---- Look what TDI did with out counting 1 2 3 4 5. {image}
Looking at 2 lines crossing to make a decision is WAY too SIMPLE! We MUST add to it, so, let's count to 5; let's check ADR; let's check Trend 2/8; let's check the temperature; let's check ....
To free Gazans of Hamas, use whatever it takes.
  • #104,732
  • May 27, 2020 11:25am May 27, 2020 11:25am
Quoting waiphyo11
Dear emmanuel and fellow traders; in post 25 template the moving average setting is period 5 shift 2 method simple and apply to typical HLC/3,,,,but big E said he use EMA; so which setting should I use for moving average? thanks alot for my dump questions
1. If you manage to read hundreds of postings from the beginning, you will find exactly what settings BigE used.
2. Feel free to try several different settings: You may discover settings that give YOU better results!
To free Gazans of Hamas, use whatever it takes.
  • #104,733
  • May 27, 2020 11:28am May 27, 2020 11:28am
Quoting lddd
{quote} No Tekkies actually i followed a TDI H1 Signal here that gave a steep angle after it closed above the ma. As I entered it made good upward move before and even the H4 candle was bullish at that time. That’s just how very bad predictive the TDI is.
Did you?
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  • #104,734
  • May 27, 2020 11:33am May 27, 2020 11:33am
Quoting Tekkies
{quote} Did you? {image}
First yellow line
  • #104,735
  • May 27, 2020 11:40am May 27, 2020 11:40am
Quoting lddd
{quote} First yellow line
If you say so.
Cheers Iddd.
  • #104,736
  • May 27, 2020 11:46am May 27, 2020 11:46am
Quoting lddd
{quote} No Tekkies actually i followed a TDI H1 Signal here that gave a steep angle after it closed above the ma. As I entered it made good upward move before and even the H4 candle was bullish at that time. That’s just how very bad predictive the TDI is.
As you can see on my H1 chart, the first bar to close above EMA5 was the first bar to the right of the white vertical. So entry would be the open of the next bar. However, I suspect that your closed bar corresponds to the 2nd closed bar to the right of the white vertical, so you entered on the opne of the next bar. If you count only the white HA bars, then you entered on the 3rd one--BigE made it clear that is risky, because the HA swings tend to run 3-8 bars.

If you look at the regular bars, the swing low is 1 bar to the left of the white vertical. That puts your entry on bar 5 of the swing.

Also, I suspect most folks do not see it, but if you looked at M15, you would see that the up swing is on "overtime", so it is highly likely that it is ending a retracement will begin.

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To free Gazans of Hamas, use whatever it takes.
  • #104,737
  • May 27, 2020 11:50am May 27, 2020 11:50am
Quoting lddd
{quote} No Tekkies actually i followed a TDI H1 Signal here that gave a steep angle after it closed above the ma. As I entered it made good upward move before and even the H4 candle was bullish at that time. That’s just how very bad predictive the TDI is.
Iddd I dont usually join in on these things BUT you were not following the H1 signal, it was way way too late for that. When it closed above the MA was at the price roughly 1.33178 which was way before your entry a whole hour actually. I know that because I entered on it.
Success means going from failure to failure without loss of enthusiasm
  • #104,738
  • May 27, 2020 11:52am May 27, 2020 11:52am
Quoting Tekkies
{quote} Did you? {image}
2nd yellow angle not good and size of candle not good
any other criteria to go short
  • #104,739
  • May 27, 2020 11:53am May 27, 2020 11:53am
Quoting lddd
{quote} First yellow line
Then your broker screwed you, because even if you entered with a market buy at the OPEN of the bar AFTER the first yellow vertical, around 1.3770, your actual entry shown on your chart is way up at about 1.3820, 50 pips away!!!
To free Gazans of Hamas, use whatever it takes.
  • #104,740
  • May 27, 2020 12:00pm May 27, 2020 12:00pm
Quoting DrDave
If you count only the white HA bars, then you entered on the 3rd one--BigE made it clear that is risky, because the HA swings tend to run 3-8 bars. If you look at the regular bars, the swing low is 1 bar to the left of the white vertical. That puts your entry on bar 5 of the swing. Also, I suspect most folks do not see it, but if you looked at M15, you would see that the up swing is on "overtime", so it is highly likely that it is ending a retracement will begin. {image}{image}
I just re-checked my entry on USD/CAD today. Yes the entry was far to late. I did not watched M15. I had H1 open at this time and i had a quick look on H4. Thats all.

So what does the average run of 3-8 candles helps? Even when i am able to catch the open of the second HA candle after TDI crossed (first candle) it most situations for me those trades collapse with the next candle, same as happened with UCAD here. The average run of 3-8 candles is maybe what it used to be 10 years ago as BigE was trading this method, did anyone actually checked is this is still the case? Have you watched the big down move on the left side of the UCAD chart. It was about 20 bearish HA H1 candles, i think 19 exactly.

So why does it always run only 1 candle before it collapses when I enter a trade without any chance to reach a decent RR here but on the other hand runs 20 or more candles for a 100 pips when its against me?
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