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Trading Made Simple

  • #106,241
  • Jul 7, 2020 5:00pm Jul 7, 2020 5:00pm
Quoting Tekkies
{quote} That is directly related to TDI green cross red. - Forex's basic > post#647 (examining ALL of the information) - TDI crossover (obvious information)

Tekkies

One lucky Aussie won $50 Million in the OZ Lotto Powerball draw yesterday.

He did not use TDI .... to get lucky.
Attached Image (click to enlarge)
Click to Enlarge Name: OZ lotto.png Size: 383 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,242
  • Jul 7, 2020 5:27pm Jul 7, 2020 5:27pm
Do Not underestimate the power of 10....

https://www.forexfactory.com/showthr...12#post8393112
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,243
  • Jul 7, 2020 5:53pm Jul 7, 2020 5:53pm
Quoting Fake Teacher Tekkies
Trickery? There is a reason why BigE posted: Study old chart's. Comparing X-Man humor to a Live current chart (any chart that has more or less the same trend directions) will have the same TDI. Did that trader followed BigE's advice in how to use TDI he will not be part of the 95% losser's. {image}
There are reasons why Big E said study old charts. .... Price Action, Price Action, Price Action

Bog E said many different things at different times

Below just a few more examples of what he said.

Jan 20, 2011
#3044
Honestly on the 5 method you don't really need any indicators because the simple entry rules are so basic and clear cut. If I were to pick two it would be the tdi & stochs.

Jan 26, 2011
#3103
I almost always have the tdi & stoch on all my charts regardless of the method being used.

However, it's not necessary on the 5 method for me. It gives people more confidence when they have it on their charts it seems.... and it's a good confirmation to the current PA and possible trade.


Feb 12, 2011
#3418
You can trade the 5 method without the TDI if it's a problem...

PA is HA Candles, PA crosses the yellow line and closes... enter on the next candle if it's the same color. When candles flatten out... exit. Stay in the trade as long as it doesn't cross back over the yellow line and close.

The TDI just gives me a lot more information for making my entries & exits decisions.


May 16, 2011
#2617
2scoops asked me a long time ago what would be the most beneficial to learning this method for higher success... The answer was simple... study old charts for set ups... now strip down everything on that chart at that point... trends, angles, S/R levels, News times, Stoch angle within the 20-80 lines..etc. Burn it into your memory... I spent 2 years doing that.... so what does that mean?

It takes me 15 seconds to strip a chart down to nothing including the TDI & Stoch's. Taking clean trades is a breeze for me... why?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,244
  • Jul 7, 2020 6:27pm Jul 7, 2020 6:27pm
Hello,

One question, when you look to D1 char for confirm trend for a h4 entry. Do you look on candlestick or ha?
  • #106,245
  • Jul 7, 2020 10:51pm Jul 7, 2020 10:51pm
I am backtesting this strategy. right I'm 2010 and the the yearly result is -422.5
I'll continue to practice this strategy and see if my results improve.
Attached Image (click to enlarge)
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Knowledge is Power so be Power Hungry
  • #106,246
  • Jul 8, 2020 1:36am Jul 8, 2020 1:36am
Quoting ellokko007
Hello, One question, when you look to D1 char for confirm trend for a h4 entry. Do you look on candlestick or ha?
It does not matter if you look at HA, regular candlesticks, or bars to determine the trend. In fact you can even switch your chart view to Line charts.
To free Gazans of Hamas, use whatever it takes.
  • #106,247
  • Jul 8, 2020 1:44am Jul 8, 2020 1:44am
Quoting 4rexMilitia
I am backtesting this strategy. right I'm 2010 and the the yearly result is -422.5 I'll continue to practice this strategy and see if my results improve. {image}
Post#25 TDI can not give reliable back testing results.
Which TDI indicator did you use?
  • #106,248
  • Jul 8, 2020 1:46am Jul 8, 2020 1:46am
No matter how many times FakeTrader repeats his lies, they do not become truth.

Quote
part of guarding against the "illusion of truth" is the obligation it puts on us to stop repeating falsehoods. We live in a world where the facts matter, and should matter. If you repeat things without bothering to check if they are true, you are helping to make a world where lies and truth are easier to confuse. So, please, think before you repeat.

Once we know about the effect we can guard against it. Part of this is double-checking why we believe what we do – if something sounds plausible is it because it really is true, or have we just been told that repeatedly? This is why scholars are so mad about providing references - so we can track the origin on any claim, rather than having to take it on faith.

Full report is here.
To free Gazans of Hamas, use whatever it takes.
  • #106,249
  • Jul 8, 2020 2:05am Jul 8, 2020 2:05am
Quoting emmanuel7788
{quote} No Tekkies, Man B is not TDI. You have an Obsessive-Compulsive Disorder (OCD) with this three letters ... TDI Try that X-Man riddle again. {image}
Failure to recognize humor leads to this:
Attached Image


Quoting emmanuel7788
{quote} Tekkies One lucky Aussie won $50 Million in the OZ Lotto Powerball draw yesterday. He did not use TDI .... to get lucky. {image}
Here is my replay, your own words: You have an Obsessive-Compulsive Disorder (OCD) with this three letters ... TDI

One post you try to ridicule, the next post you apply the same humor.
Grow up Emmanuel.

Quoting emmanuel7788
{quote} There are reasons why Big E said study old charts. .... Price Action, Price Action, Price Action Bog E said many different things at different times Below just a few more examples of what he said. Jan 20, 2011 #3044 Honestly on the 5 method you don't really need any indicators because the simple entry rules are so basic and clear cut. If I were to pick two it would be the tdi & stochs. Jan 26, 2011 #3103...
Post 106,242 and Post 106,245 make me wonder who is really has Obsessive-Compulsive Disorder (OCD) with Price Action
  • #106,250
  • Jul 8, 2020 2:24am Jul 8, 2020 2:24am
Quoting Tekkies
{quote} Me, lazy? > Always. there is no post #261,#1718 > Ooops, left out the second #. "if you had read and understood Post#261 and Post#1718," Now #261 has this: - The TDI is the heart of our method. - It tells you when to enter and where to exit any trades... so review previous posts and learn it good. - Stochs is nothing but confirmation. - If Stochs & the TDI give different signals... lights flash off and on warning me to take a closer look before entering.. and usually I look for another trade. - If there is a reversal do I have a TDI signal...
i want to question for you
at "The main entry rule is: green crossing red on the TDI within the first 2 candles for an entry"
so open the second candle we enter or close the second candle we enter
  • #106,251
  • Jul 8, 2020 2:38am Jul 8, 2020 2:38am
Quoting Tekkies
{quote} Failure to recognize humor leads to this: {image} {quote} Here is my replay, your own words: You have an Obsessive-Compulsive Disorder (OCD) with this three letters ... TDI One post you try to ridicule, the next post you apply the same humor. Grow up Emmanuel. {quote} Post 106,242 and Post 106,245 make me wonder who is really has Obsessive-Compulsive Disorder (OCD) with Price...

No Tekkies, Man B is not TDI.

You have an Obsessive-Compulsive Disorder (OCD) with this three letters ... TDI

Try that X-Man riddle again.

Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,252
  • Jul 8, 2020 2:42am Jul 8, 2020 2:42am
Quoting Fake Dr. with fake PhD Fake MD
No matter how many times Fake Dr. repeats his lies, they do not become truth. {quote} Full report is here.
No matter how many times Fake Dr. with fake PhD ...fake MD repeat his posts do not mean there is truth.
That Full report applies to Fake Dr.

Attached Image
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,253
  • Jul 8, 2020 2:59am Jul 8, 2020 2:59am
Quoting ellokko007
Hello, One question, when you look to D1 char for confirm trend for a h4 entry. Do you look on candlestick or ha?

1. I do not just look at D1 for the trend. I do my top down analysis - MN > W1 > D1 to determine the market type conditions in which I trade. I only swing trade when the market type condition is trending and sideways wide range. TMS does not work in narrow range market type conditions.
When you want to trade the 4H swing, the W1 must not be narrow range and must not be in consolidation, this is when I do my Weekly Top Down Analysis WTDA and decide when to trade 4H swing.

2. All the price action I talk about is using the price Bar Chart (you can use the Japanese candlestick and work the same) and I have the APB/HA candles in the background. The APB/HA candles has its features which are of good use. The OP of this thread use the HA candles as he described in Post#261 and also in many of his posts, he mentioned PA referring to the use of HA candles.

See this GBPUSD H4 chart below.
H4 is narrow range consolidation with a H4 Master Candle and small candles...
Wait for a breakout potential!
W1 and D1 will give a clue to pick a possible direction (Plan A). However, should that fails, then you need a Plan B.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Jul 08 H4 LO 8-7-2020 3-55-04 pm.png Size: 53 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,254
  • Jul 8, 2020 3:11am Jul 8, 2020 3:11am
07/08

GBP/JPY 1H LO entry: +10 pips
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GPB/AUD 1H LO+1 entry (chart time 11:00)
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  • #106,255
  • Jul 8, 2020 3:13am Jul 8, 2020 3:13am
Quoting 4rexMilitia
I am backtesting this strategy. right I'm 2010 and the the yearly result is -422.5 I'll continue to practice this strategy and see if my results improve. {image}
Hi

thanks for sharing your test data.

not sure of your test criteria and how many pairs you tested using 2010 price data. If your test is based on one currency pair, the number of trades 147 in that year 2010 is on the low side.

did you test using Post#6 - TDI for entry and exit? I ran many tests previously and when I do not follow the TDI RSI green price line for exit , the results were overall profitable.
1. Can your tester be configured to manage trades with candlestick trailing stops and jumping stops?
2. Can you configure your tester to exit trades when the HA candle closed with colour change?
3. Can your tester do profit lock and such that when the trade is in profit ( x pips/$amount), trade management will lock a number of pips or $amount, then exit when the price pulls back? This is one of the OP discretionary exit.

there are a few other different trade exit strategy using either price bar or HA candles, and also the 5EMA.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,256
  • Jul 8, 2020 3:13am Jul 8, 2020 3:13am
Quoting KennethYang
07/08 GBP/JPY 1H LO entry: +10 pips {image} GPB/AUD 1H LO+1 entry (chart time 11:00) {image}

Good trades !

that reminds me to close my GBPNZD buy positions...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,257
  • Jul 8, 2020 3:37am Jul 8, 2020 3:37am
Quoting emmanuel7788
{quote} Good trades ! that reminds me to close my GBPNZD buy positions...
Now THAT post reminds me of this:
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Success means going from failure to failure without loss of enthusiasm
  • #106,258
  • Jul 8, 2020 3:39am Jul 8, 2020 3:39am
Quoting lisat
{quote}Now THAT post reminds me of this: {image}
I prefer this too!

Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies #106,232 7-7-2020 8-34-13 pm.png Size: 1.3 MB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,259
  • Jul 8, 2020 4:07am Jul 8, 2020 4:07am
USDCHF Jul 08 H4 2AM PDT

Follow the Daily and trade H4

Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF Jul 08 H4 LO2 8-7-2020 5-02-24 pm.png Size: 48 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #106,260
  • Jul 8, 2020 4:07am Jul 8, 2020 4:07am
Thanks for sharing that image, lisat. You see it is getting a lot of usage here!
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To free Gazans of Hamas, use whatever it takes.
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