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Trading Made Simple

  • #107,361
  • Aug 14, 2020 2:02am Aug 14, 2020 2:02am
USDCAD Aug 14 H1 & H4 buy... LO2

EP 1.3245
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,362
  • Aug 14, 2020 4:17am Aug 14, 2020 4:17am
GPBUSD H1
TP 1: +17 pips
TP 2: +25 pips
Tp3 in action with Trailing Stop 20 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: GU 140820.png Size: 40 KB
"Successful investing takes time, discipline and patience."-Warren Buffet
  • #107,363
  • Aug 14, 2020 5:13am Aug 14, 2020 5:13am
Quoting emmanuel7788
{quote} Yes. That is FO.... can be fakey too! GBPUSD Aug 14 H1 FO buy trade {image}

GBPUSD Aug 14 H1 trades closed

- closed 2nd and 3rd batches today

no more trading this pair now.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Aug 14 H1 trades closed 14-8-2020 8-10-10 pm.png Size: 51 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,364
  • Aug 14, 2020 5:18am Aug 14, 2020 5:18am
Quoting emmanuel7788
USDCAD Aug 14 H1 & H4 buy... LO2 EP 1.3245

USDCAD Aug 14 H1

- this batch still running with one TP1 +5pips.
- remaining positions with TP2 +10pips, TP3 +15 pips and final TP +50pips
- let market decide and I move over to trade US E-Mini Futures now.


Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Aug 14 H1 TP1 5pips 14-8-2020 8-15-14 pm.png Size: 48 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,365
  • Aug 14, 2020 5:40am Aug 14, 2020 5:40am
Quoting emmanuel7788
{quote} GBPUSD Aug 14 H1 trades closed - closed 2nd and 3rd batches today no more trading this pair now. {image}
Update...
close with +48 pips.
Have fun and nice weekend!
Attached Image (click to enlarge)
Click to Enlarge Name: GU 140820.png Size: 41 KB
"Successful investing takes time, discipline and patience."-Warren Buffet
  • #107,366
  • Aug 14, 2020 5:07pm Aug 14, 2020 5:07pm
Quoting drsun
{quote} Update... close with +48 pips. Have fun and nice weekend! {image}
very nice!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,367
  • Aug 14, 2020 5:33pm Aug 14, 2020 5:33pm
Quoting ferni
Hi Emmanuel! Thanks for share your trades but i'm a little confused about how do you trade exactly. I'm still learning to trade TMS 5-method, It works for me on demo but in live account I have so much mistakes! Price action, I think, it is a very subjetive thing, could you give me some tips? I attached an operation from yesterday USD/JPY, I thought that could be a sell set up on 4H but it did not. What I did wrong? little candles? I think resistance is right. I want to learn the way you trade, but I see that is different from what I read of TMS...

Hi ferni

I will answer all your questions but not all in one post. I prefer to post real-time live charts and with live trades so that members can read, study and learn in live market situations. We do not learn anything from hindsight traders and fake trading gurus and fake experts who only talk in public forums.

First, the OP Big E and I are both the same type of trader - rule-based discretionary traders, therefore you will see some differences in both individual trading styles. But the core trading methodology remains the same 5-Method which is price action and support & resistance base.
We both are located in different time zones, hence the trading hours are different. Big E trade his H4 candle period in his Pacific time zone GMT-8, while I trade my own time zone which is GMT+10.
Big E traded H4 and H1 and he did not like trading Daily although he posted some training charts on Daily and Weekly.
I am a medium-to-long term swing trader and trade mostly Daily and Weekly. It is only recently during this pandemic lockdown, I resumed some trading in M15 and H1 and also my 4H weekly swing trading.
I have three different systems but all based on the same core 5-Method - Price Action, Support&Resistance, Average Price using the APB/HA candle, Price Momentum with the Stoch and RSI(which the TDI is using). I was a COWABUNGA system trader for many years before I was introduced to Synergy trading model and this therefore has a lot of influence in the way I trade and explains the difference between Big E and I.

Big E was an aggressive reversal trader using the TDI green price line as his momentum filter for his trade entry. He has his conservative exit for example when price pulls back on his entry and he would not wait for the TDI exit signal. THis is his discretionary trading style.
While I am more conservative when I pick reversal setups and I am aggressive in my exits and I manage this with my Money Management strategy and managing risks during trading. I prefer to use scaling-in and scaling out when I trade.

...more/-
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,368
  • Edited 10:12pm Aug 14, 2020 6:36pm | Edited 10:12pm
Quoting ferni
Hi Emmanuel! Thanks for share your trades but i'm a little confused about how do you trade exactly. I'm still learning to trade TMS 5-method, It works for me on demo but in live account I have so much mistakes! Price action, I think, it is a very subjetive thing, could you give me some tips? I attached an operation from yesterday USD/JPY, I thought that could be a sell set up on 4H but it did not. What I did wrong? little candles? I think resistance is right. I want to learn the way you trade, but I see that is different from what I read of TMS...

Hi ferni

lets review your Aug 13 USDJPY H4 trade:

TIMING:

- what was the H4 time of your trade? your location Santiago is the same NY EST time zone, right?
- that trade setup was a reversal but the most recent 'trend' was a swing high and some reversal setup do run and Big E would have his conservative exit in case when price pull back and he jump out.

PRICE ACTION and SUPPORT&RESISTANCE

- where is the 'support & resistance'? I see BRN 107.00 where price would react. Do do you higher timeframe support & resistance on Weekly?

- do you see big candle, small candle at that reversal? Mother Bar/Inside Bar and the breakout ....was not the best!

- do you see H4 double top chart pattern at that 107 level on Weekly?

- observe what happens on the TDI H4 below.

- see how many recent red colour APB/HA candles which hit the 5EMA....failure!
> for a TMS 5-Method setup, the HA candle must have momentum, in this case bearish momentum and the HA candle must close below the 5EMA or the 5EMA must point in the downwards direction.
> Note 5EMA Typical Price,Shift+3 is also quite similar to 10EMA,Close Price,Shift+0. If the price bar/HA candle closes below the 10EMA, it would also be a good setup.


Traders_Dynamic_Index
> Big E removed all the other lines because he only use the TDI in scalping mode.
> spend more time and learn the price behaviour and how the TDI responds to the price behaviour
> with the full TDI version with the Volatility Band, you will see the price volalitiy and the RSI green price line went outsdie the VB abd re-enters, this is an indication of potential consolidation or sideways market/

Attached Image (click to enlarge)
Click to Enlarge Name: ferni UJ H4 post chart 15-8-2020 9-09-10 am.png Size: 158 KB




Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY H4 reveiw with Weekly 15-8-2020 9-25-57 am.png Size: 59 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,369
  • Aug 15, 2020 4:16am Aug 15, 2020 4:16am
Quoting vonamz
Hi Emmanuel, Thanks very much for sharing your knowledge. 1. So, from what you said, I understand that even though we spot the crossing of TDI, but we should wait for the candle to close below the EMA 10 before go for short here. So it's different from the rules of Mr. Big E when we enter ASAP after a crossing is spotted: "We Enter a trade when green crosses red on the TDI at the beginning of that candle... If it's candle 3 or more don't enter..." But I guess it's safer. 2. About the candle sticks, should we wait for particular patterns like pinbars,...
vonamz, just read, read, read, what BigE posted, and practice finding the setups on a demo account.

The FakeTrader has polluted and corrupted what BigE presented with more indicators, EAs, and terminology that ADD TO THE CONFUSION--which is just the opposite of what BigE wanted.

But of course you, like many others, will try to figure out what the FakeTrader is presenting and drop right down into his FailurePit.

Maybe you did not read all of the thread and find how FakeTrader trashed account-after-account? Or how that FINALLY, after 8 YEARS of dealing with TMS, he has reached the BEGINNER'S success level of 65%? (How many thousands of dollars he lost in that 8 years!!) And how he hops from thread-to-thread, searching for something--ANYTHING--that will get him out of his FailurePit? Look at all of the threads that he brings up that deal with TDI alone! And he tries to ADD bits and pieces from those into what BigE presented, once again ADDING to BigE's information is exactly what BigE said NOT to do!

Just follow BigE! That is all you need!
To free Gazans of Hamas, use whatever it takes.
  • #107,370
  • Aug 15, 2020 4:34am Aug 15, 2020 4:34am
Quoting Fake DrDave
{quote} vonamz, just read, read, read, what BigE posted, and practice finding the setups on a demo account. The FakeTrader has polluted and corrupted what BigE presented with more indicators, EAs, and terminology that ADD TO THE CONFUSION--which is just the opposite of what BigE wanted. But of course you, like many others, will try to figure out what the FakeTrader is presenting and drop right down into his FailurePit. Maybe you did not read all of the thread and find how FakeTrader trashed account-after-account? Or how that FINALLY, after 8 YEARS...

and Fake DrDave with Fake PhD...Fake MD is telling new stories from his creative imagination and paranoia.

He is still jumping from thread to thread talking like an expert in forex trading and he is still looking for a freebie trading system for years in Forex Factory. His failed TDA with IMT thread did not attract any members to post and he run around other threads and talk like he is an expert if forex trading.
He is the top Fake Trading Guru with his hindsight trading and have not ever posted a live trade in real-time market. He is still demo trading and his demo account has stagnant for months with no winning trades for months. His demo account is evidence he has not even reach the newbie trading level and he is mocking about beginner success level of 65%.

Read some of his posts in this thread.
"What I learned after losing $300,000 trading forex"
https://www.forexfactory.com/thread/...9#post13115149
typical of him talking like he is the trading expert ... Fake Trading Guru with his failed TDA with IMT rubbish thread.
Attached Image
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,371
  • Aug 15, 2020 5:08am Aug 15, 2020 5:08am
Quoting vonamz
Hi Emmanuel, Thanks very much for sharing your knowledge. 1. So, from what you said, I understand that even though we spot the crossing of TDI, but we should wait for the candle to close below the EMA 10 before go for short here. So it's different from the rules of Mr. Big E when we enter ASAP after a crossing is spotted: "We Enter a trade when green crosses red on the TDI at the beginning of that candle... If it's candle 3 or more don't enter..." But I guess it's safer. 2. About the candle sticks, should we wait for particular patterns like pinbars,...
Hi vonamz

1. So, from what you said, I understand that even though we spot the crossing of TDI, but we should wait for the candle to close below the EMA 10 before go for short here.

So it's different from the rules of Mr. Big E when we enter ASAP after a crossing is spotted:
"We Enter a trade when green crosses red on the TDI at the beginning of that candle... If it's candle 3 or more don't enter..."
But I guess it's safer.

Answer: Not every TDI cross is a trade. Study carefully Post#261 and Post#647 and stick to Big E use of the 5EMA, Typical Price, Shift+3 (or Shift+2). Make you you study all his posts and those posts with training charts.
The use of 10EMA is by other traders LE1 and X-Man who trade M15 and H1/H4.

2. About the candle sticks, should we wait for particular patterns like pinbars, fakeys, inside bars,vv to confirm the trend before we enter the trade?

Answer: Big E look PA using the APB/HA candles. I look at both the bar chart i.e. price bar over the HA candles because when I use those price patterns they apply to Price Bars and not HeikenAshi candles.
There are price bars patterns which I use to help me in interpreting Post#647 for example to look for price consolidation, price reversals, price bounce, etc.. then using both the Stoch and TDI RSI green price line to guide me in making my trade decisions.
I have posted many live trades in the past months and will continue to post live trades for members to follow and learn trading in real-time live market conditions.


3. Could kindly share how you manage your positions, please.
For 1 good entry, how many positions will you open and how you manage the stop loss, when to move to break even.

Big E was trading with 2 to 4 standard lots per trade. He risk 15% to 30% of his $10K account per trade. This is one reason why he would use his conservative exit when price pulls back and he would not be waiting for the TDI for his exit.

I don't risk 15% to 30% of an account per trade. Most of my trades has a $amount risk and with the initial SL, I do Position Sizing for my trades/positions.

Answer: Start with the basic, every Entry must have two Exits.
Entry Price ... EP
Exit #1 is initial Stop Loss SL
Exit#2 is your Take Profit TP


I trade with Multi-Lot strategy, i.e. for one currency pair trade setup, I can place a minimum 2 positions and I scale out my exits with different TPs. In recent trade posted live, I use multiple lots 3 to 4 positions per currency pair trade. I use THV Cavemanager to manage my trades and I can set different exits TP1, TP2, TP3 and remaining TP4.

You can study those trades which I posted in the past months and also I will continue to post live trades next week and you can ask questions then.

Stay Safe.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,372
  • Aug 15, 2020 5:43am Aug 15, 2020 5:43am
Quoting Tekkies
{quote} For a member that post "TDI is not in the winning equation" your surely can post a load of bullshit.

@Tekkies

How can the TDI be the Holy Grail when the OP himself said none of his method is Holy Grail.

Too much time is being spent on TDI and Stochastics,
Too little time on Price Action and Support/Resistance.
And no time spend on Money Management, Risk Management for entries and exits, When to Cut-Losses short and How to Let Profits Run.
You need to find your WINNING EDGE and the TDI is not in the winning edge equation.

https://www.forexfactory.com/thread/...55#post4134555
When trading any of these methods... set your charts up the way that it works for you... my charts work for me and are only suggestions for you... they aren't the only way or the Holy Grail. I'm just trying to make suggestions...


Big E
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,373
  • Aug 15, 2020 5:47am Aug 15, 2020 5:47am
Quoting Tekkies
{quote} For a member that post "TDI is not in the winning equation" your surely can post a load of bullshit.

@Tekkies

You are still the newbie and still in your very confused state of mind.

How can the TDI be in the wining equation when the OP himself said that you can trade without the TDI....

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
  • #107,374
  • Aug 15, 2020 5:54am Aug 15, 2020 5:54am
Quoting [highlight=Yellow
Tekkies[/highlight];9154988]TDI for me is the Holy Grail. My win rate is about 85 - 90% with with all rules applied. I...///.."
@Tekkies

If TDI is your Holy Grail and your have win rate of 85% to 90%, you should have the confident to post live trades in real-time live market.

Why are you posting only winning trades and mislead people here. You are the Fake TMS Trader and a Hindsight Trader with markup charts with winning trades.

Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies EU M15 trade post 107,320 12-8-2020 6-06-04 am.png Size: 196 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,375
  • Aug 15, 2020 5:54am Aug 15, 2020 5:54am
Quoting Tekkies
{quote} - If the green cross red after the setup candle is close, I can enter a sell or buy at that time... no? What/ How do you see a setup candle? I see the setup candle where green is clearly visible on the other side of red with angle above / below 2/4 and stoch confirm the direction on bar close. (post#25 TDI always update green / red on bar close.) Those two agree only then do I apply post#647 Answer: YES Cannot answer you about H4 I use H1. {image}


@Tekkies

Fake TMS Trader, start posting live trades next week and show people here that you are a real trade with TDI as your Holy Grail.
Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies EU M15 trade post 107,320 12-8-2020 6-06-04 am.png Size: 196 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,376
  • Aug 15, 2020 5:56am Aug 15, 2020 5:56am
LOL... Tekkies deleted his post.... after I replied

Quoting Tekkies
{quote} For a member that post "TDI is not in the winning equation" your surely can post a load of bullshit.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,377
  • Aug 15, 2020 6:02am Aug 15, 2020 6:02am
Quoting Tekkies
{quote} No I don't get it. ----- THIS THREAD IS ABOUT TDI CROSS. BigE posted this: The key to this method is the Traders Dynamic Index indicator for entries and exits. So even if Billy post bullshit the crossover will show what happened.

@Tekkies

You still don't get it...

This thread is not about trading TDI cross to cross.

You even got the TDI re-painting fact wrong.

Now will you do the right thing and post a correction to your Post#73,461
https://www.forexfactory.com/thread/...66#post9269066

Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies post 73,461 wrong information.png Size: 502 KB

How can a re-painting indicator like the TDI be Holy Grail. Stop lying!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,378
  • Aug 15, 2020 6:10am Aug 15, 2020 6:10am
Quoting Tekkies
{quote} MoneyZilla Take this rules, put in post 1 Change / Add as seen fit https://www.forexfactory.com/showthr...4#post10603624
Quoting Tekkies
{quote} jmn, going to rub your nose with TMS (newbie against pro)


@Tekkies


You made suggestion then,

what happen? you deleted your Trade Explorer in 2018.... another margin call in 2018, 2019 and how is 2020 going so far?

looks like your TDI is not Holy Grail after all.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,379
  • Aug 15, 2020 7:27am Aug 15, 2020 7:27am
Quoting emmanuel7788
LOL... Tekkies deleted his post.... after I replied Quoting Tekkies {quote} For a member that post "TDI is not in the winning equation" your surely can post a load of bullshit.
Warned you not to be so fast in responding with your uselessly toxic post's.

Grow up Emmanuel.
  • #107,380
  • Aug 15, 2020 9:42am Aug 15, 2020 9:42am
Quoting Tekkies
{quote} Warned you not to be so fast in responding with your uselessly toxic post's. Grow up Emmanuel.
OOPS! Because you mention the FakeTrader's usual toxic posts, that he limits to only a few recipients, I'll guess that you caught him posting more stupidity and lies. I'm sure that he "forgot" to mention all of his failed accounts though, and how he slides deeper and deeper into his FailurePit.

He has a good scam going, though. He posts what appears to be some winning trades, and occasionally includes some losers to make the naive (and stupid) think he must be trading successfully. But what they don't see are all of those huge losers that he very carefully leaves out.

Now, after more than 8 YEARS, he claims that he has achieved BigE's BEGINNERS success rate of 65% that he maintains ONLY by a LOT of HARD WORK. With that dismal success rate, think how many YEARS it will take at that rate to recover those hundreds of thousands of dollars that he has lost over the past 30 years. Most likely, he is so deep in the FailurePit that he will go to his grave without recovering much of it. Poor guy--hasn't the brains to know when to quit--which is clear when he can't even find the Elusive Mistake that he posted. It is also likely partly due to his precarious mental condition as well.

(I'm sure he will have multiple toxic replies to this post, so enjoy the laughs! I don't bother reading his nonsense, trash,and lies.)

Quoting FakeTrader
TMS_V19 Q&As
TMS_V19 setting for HA Candlestick Trailing Stop
- trailing is previous 2 HA candles high
- minimum profit is 2 pips
- these settings will activate when price move +20pips
To free Gazans of Hamas, use whatever it takes.
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