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Trading Made Simple

  • #107,581
  • Aug 22, 2020 11:51am Aug 22, 2020 11:51am
Nice atmosphere here these days. TS would be delighted. Successful traders with apparently a lot of time on their hands. Don't we all want that?

Have a sincerely nice weekend to you all.

best regards.
BT
  • #107,582
  • Aug 22, 2020 3:13pm Aug 22, 2020 3:13pm
Quoting BataviaTrade
Nice atmosphere here these days. TS would be delighted. Successful traders with apparently a lot of time on their hands. Don't we all want that? Have a sincerely nice weekend to you all. best regards. BT
Hi BataviaTrade

You have being trading for quite many years. You were active here before years ago. How's your trading with TMS 5-Method?

The atmosphere here has been the same since Tekkies joined FF and started his first few posts in 2016. He is the new teacher teaching people what the TDI is and how to trade the TDI cross-to-cross. He still thinks the TDI is Holy Grail which he claimed to have 85% to 90% win rate, that was in Oct 2016. He is just another hobby trader and you know this forex trading hobby cost a lot of money when pursue over a long time.

Anyway, have a good weekend and stay safe.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,583
  • Aug 22, 2020 3:29pm Aug 22, 2020 3:29pm
Quoting Tekkies
{quote} So what, Emmanuel. You keep on harping the same old stuff every time I post. Why is that? Would not know and neither do I care nor do I ask any advice from you. What I do know is that every time you are pinned against the wall you restore to post's like Post 107,574 because you know you can not fool reader's / trader's with a bogis reply to one of my post's. That is way you also flood this thread with nonsense about "long behind time" or go read this or that post...
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well Tekkies you made your garbage post and ...

it is you who got yourself pinned against your own wall when you posted a link to the South African Traders thread you made in Nov 2016.

Early members here have got to know Candlestick and Chart Patterns from Thomas Bulkowski and Steve Nison long before you joined Forex Factory. My posts are just a few examples how traders uses the materials from both Thomas Bulkowski and Steve Nison. Members can learn on their own and make their own decisions how they want to build up their trading knowledge and not to be limited to just the 1485 posts of the OP Big E.

Trading the market and to make money require a lot more than just one lagging indicator like the Traders_Dynamic_Index. Even the creator of the TDI himself knows this and said this many times in his Synergy tutorial videos. The OP himself also said you can trade his method without the TDI.

You are still the laggard in trading the TDI cross-to-cross.

TDI is not a Holy Grail indicator. It is just another one of the OP' 'helping indicator" he tried during his trading journey from 2008 till 2010.

Grow UP Tekkies and accept this fact.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,584
  • Aug 23, 2020 1:30am Aug 23, 2020 1:30am
Quoting emmanuel7788
{quote} {image} well Tekkies you made your garbage post and ... it is you who got yourself pinned against your own wall when you posted a link to the South African Traders thread you made in Nov 2016. Early members here have got to know Candlestick and Chart Patterns from Thomas Bulkowski and Steve Nison long before you joined Forex Factory. My posts are just a few examples how traders uses the materials from both Thomas Bulkowski and Steve Nison. Members can learn on their own and make their own decisions how they want to build up their trading...
"Members can learn on their own and make their own decisions how they want to build up their trading knowledge....."

Then we understand each other.

There is no need for you to get a hernia every time Tekkies post.
(Apply what you post Emmanuel)
  • #107,585
  • Edited 10:52am Aug 23, 2020 10:39am | Edited 10:52am
Quoting heispark
{quote} For example. this is EU 15M & 1H chart yesterday. I posted this entry in real time. Because TDI is lack of context, you need a high level of price action reading skill to catch this high provability trade. TDI is a mediocre indicator at best. There are much better ones out there. {image}{image}
TDI is a good tool to help you make a decision. No big skill in price action reading or chart reading needed on your example! Simple 1-2-3 continuation trade is very obvious, not only in hindsight, but in real time.

On H1, there was a down move that went quite a bit deeper than the prior down moves. So, a bit more likely that it is starting a reversal. But we need some proof.

So, if it is the start of a down trend, then there will be a retrace followed by the down continuation.

Clearly, H1 went into the retracement. How high will it go? Nobody knows in advance. But one thing we do know, it cannot close above the prior big down swing. (No advanced ideas here: Totally beginner training.)

OK, so IF the upswing is just a retracement, then we want to find a spot to sell. So, because that means price must move back down, that also means LOOK AT LOWER TIMEFRAMES TO SEE IT COMING UP TO H1.

Your M15 chart displays the TDI green x red down and the even more important red x yellow down BEFORE the vertical that you placed via H1. (No advanced ideas here: Totally beginner training.)

So, with M15 green X red, you can look at the price bars right before the crossing, and if you don't like the price action, you can wait for more bars to see if an acceptable sell setup forms.

However, if you are one to worry about S/R zones, then on H1, you already looked left when the retracement was underway and marked that S/R zone, and now that M15 started down, you wait for price to break below the S/R zone and look for a sell entry there. (No advanced ideas here: Totally beginner training.)

And, for the S/R believer, that S/R zone break doesn't happen until AFTER your vertical line, making your entire premise about TDI being a mediocre indicator at best totally unsupported.

So, even with no advanced price action and no advanced patterns needed to be invoked, TDI is a useful indicator in this example.

Maybe you can find another example to present that better supports your premise?

EDIT: OK, I suppose that I should make a remark about the H4 for all of you folks that believe the HIGHER TF is always your golden guide for direction.

Clearly, the H4 04:00 bar (on my chart) closed below EMA(5) shift3, so trade direction is down.
To free Gazans of Hamas, use whatever it takes.
  • #107,586
  • Aug 23, 2020 12:00pm Aug 23, 2020 12:00pm
Quoting eelfranz
Don't get fired ! Just make the necessary transition to trading 4hr charts during the London session... or Daily charts.
Reading from Page 10 to 15,

A lot of the problems are people trading 5min-1hr charts... your setting yourself up for failure in most cases...

Don't get fired ! Just make the necessary transition to trading 4hr charts during the London session... or Daily charts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,587
  • Aug 23, 2020 12:10pm Aug 23, 2020 12:10pm
Quoting [B
FakeTeacher Tekkies[/b];13126897]{quote} "Members can learn on their own and make their own decisions how they want to build up their trading knowledge....." Then we understand each other. There is no need for you to get a hernia every time Tekkies post. (Apply what you post Emmanuel)
Attached Image (click to enlarge)
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Hey Tekkies

You do selective reading whatever suits you only.

I was referring to those resources I shared on Candlestick and Chart Patterns by Thomas Bulkowski and Steve Nison….and the old posts links.
I think members can study my old posts and the resources shared and these will help them better understand and apply when they study the OP’s Post#647.
Of course you can also learn from my old posts going way back to 2012 and the same resources I shared.

Sorry to hear about your hernia you suffered as results of staying awake and reading my posts.
Take Care and hope you get better soon and will start walk-the-talk by posting real-time live trades when the market is open. No more hindsight charts showing only winning trades. It is simple to post when you do not have access to your MT4 charts, just make post with text stating buy or sell, entry price, exit - SL stop loss, exits -take profits TP etc. Then follow up with charts later when you have access to your MT4 trading PC.

Have a good trading week.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,588
  • Aug 23, 2020 12:17pm Aug 23, 2020 12:17pm
Quoting eelfranz
Your safest trades will always be when green crosses red and you enter on candle 1 or 2... odds are in your favor. Why? Because I'm expecting 3-8 candles... which is average... With bounce trades the odds are lower for your success... but it still works. When wanting to enter a TDI trade... take a moment first to observe basic 4x things... like: How close am I to the previous high or lo Am I in an uptrend or downtrend.. short & long term... Am I in or close to a consolidation area Are the previous candles small... Look at the candles on the last...

Anyone wanting to learn more then what babypips.com did not teach you everything for more advance,

I have shared some resources in these old posts linked below.

https://www.forexfactory.com/thread/...44#post7503644

https://www.forexfactory.com/thread/...41#post7876541

https://www.forexfactory.com/thread/...02#post8506402

https://www.forexfactory.com/thread/...73#post8558473

You can also use the forum search with keywords "Thomas Bulkowski" and "Steve Nison" and follow those search results.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: FF search Thomas Bulkowski posts.png Size: 102 KB
Click to Enlarge Name: FF search Steve Nison posts.png Size: 121 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,589
  • Aug 23, 2020 12:40pm Aug 23, 2020 12:40pm
OFF-TOPIC:

I have been chatting with a few traders living in the UK and one introduced me to this off-grid living community. Due to current travel restrictions, I am not able to fly to the UK for summer holidays and perhaps next summer would work out hopefully by then we have a vaccine available for this very nasty virus.

In case anyone also interested in such off-grid living, here is a video.

Inserted Video
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,590
  • Aug 23, 2020 12:52pm Aug 23, 2020 12:52pm
Quoting eelfranz
Entries... Doesn't matter the time frames... the set ups are all the same... This is so simple to spot most can trade this easy system and make lots of pips... a member recently took 3 evening trades and woke to 250 pips profit... you can too... {image}
How to see RANGING market type conditions?

Study this OP' old post and his chart. I guess it is very easy to see the RANGING after a few candles and sometimes a bloody lot of candles.
Attached Image (click to enlarge)
Click to Enlarge Name: Big E chart RANGING.png Size: 159 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,591
  • Aug 23, 2020 1:06pm Aug 23, 2020 1:06pm
For those hungry for trading success, the OP has this for you.

"...it's a blending to give you the best chance for success."
https://www.forexfactory.com/thread/...06#post3327406

"using the TDI as a helping indicator..."

so important to start by following the trading journey of BIG E here in Forex Factory and then move on further to higher level of trading made simple.

it will take a lot of your time so use the time during this pandemic and make something good out of this.

I have been here since 2012 and you know you can post and ask anything and not let anyone with other intentions push you out of this thread.

There is no Holy Grail in the TDI. If there is then the world will be filled with forex billionaires.

But there is a holy grail in you as the trader and you need to search on your own and find it.
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,592
  • Aug 23, 2020 1:52pm Aug 23, 2020 1:52pm
Quoting eelfranz
1st Trading Chart... Note on the TDI showing your entry set ups... green crossing red enter on that new PA candle... {image}
the OP's 1st training chart

Attached Image (click to enlarge)
Click to Enlarge Name: Big e Post#2 chart.png Size: 117 KB


and when we read all his posts, we learned that he said that we can trade without the TDI etc.

posts #3044 , #3103 , #3418 , #2617

then looking again at his training chart above, what can we rely on for trade setups entry and exit when we do not look at the TDI and Stoch?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,593
  • Aug 23, 2020 7:10pm Aug 23, 2020 7:10pm
Quoting eelfranz
Don't contact Dean Malone about the TDI. The way he uses it for his method is 180 degrees from how we use it... you need to learn how to use it our way... 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. HA Candles are important because it makes your trading way less stressful... use them. Stoch's is nothing but confirmation. If Stoch's & the TDI give different signals... lights flash off and on warning me to take a closer look before entering.. and usually...
Post#261 ... PRACTICE, PRACTICE, PRACTICE...

HA Candles are important

If Both the Stoch & the TDI give different signals... must show the same signal.

5 ema... shows direction currently... only wanting to enter on candle 1 or two. If there is a reversal do I have a TDI signal to enter... if not and all looks strong then enter on candle 2... use some discretion...

HA Candles... What are their size? If they are small I will usually go find another set up... Look for consolidation... look for how close PA is to supp/res levels... use your brain !

Use this indicator HeikenAshiCandleCount Alert to alert you when there is a REVERSAL and the HA candle colour change. You can set the number of HA candles to 1 or 2.

Download here:
https://forex-station.com/viewtopic....06#p1295358306

When I get an alert, I check for big candles - Engulfing and Outside bar candles for one of my favourite setups.

Edit: attached live example. USDCAD Tokyo Open
Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Aug 24 H1 HA candle count 24-8-2020 8-12-21 am.png Size: 94 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,594
  • Aug 23, 2020 8:49pm Aug 23, 2020 8:49pm
Quoting emmanuel7788
{quote} Post#261 ... PRACTICE, PRACTICE, PRACTICE... HA Candles are important If Both the Stoch & the TDI give different signals... must show the same signal. 5 ema... shows direction currently... only wanting to enter on candle 1 or two. If there is a reversal do I have a TDI signal to enter... if not and all looks strong then enter on candle 2... use some discretion... HA Candles... What are their size? If they are small I will usually go find another set up... Look for consolidation... look for how close PA is to supp/res levels... use your brain...

USDCAD Aug 24 H1

- what I see now is a H1 CONSOLIDATION range 1.3192 and 1.3169 aka H1 Master Candle
- we shall see the breakout of this narrow range and try catch that BO candle.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Aug 24 H1 Master Candle 24-8-2020 9-45-40 am.png Size: 51 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,595
  • Aug 23, 2020 11:41pm Aug 23, 2020 11:41pm
Quoting emmanuel7788
{quote} USDCAD Aug 24 H1 - what I see now is a H1 CONSOLIDATION range 1.3192 and 1.3169 aka H1 Master Candle - we shall see the breakout of this narrow range and try catch that BO candle. {image}

USDCAD Aug 24 H1

with 23 mins 49 seconds to the H1 close also the 10PM PDT H4 ,

PA has not managed to break below that H1 Master Candle Low... it tried 3 times but with very little MOMENTUM and the last H1 has a Stoch cross down signal but its in the OS region

and the TDI VB is starting to narrow.

so the waiting for the best setup continues into the FO and LO.

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Aug 24 H1 002349 24-8-2020 12-36-39 pm.png Size: 48 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,596
  • Aug 23, 2020 11:52pm Aug 23, 2020 11:52pm
Examples of H1 Master Candle CONSOLIDATION

GBPUSD Aug 24 H1

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Aug 24 H1 Master candle 24-8-2020 12-50-27 pm.png Size: 49 KB

EURGBP Aug 24 H1

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP Aug 24 H1 Master Candle 24-8-2020 12-50-53 pm.png Size: 46 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,597
  • Aug 24, 2020 1:11am Aug 24, 2020 1:11am
Quoting emmanuel7788
{quote} USDCAD Aug 24 H1 with 23 mins 49 seconds to the H1 close also the 10PM PDT H4 , PA has not managed to break below that H1 Master Candle Low... it tried 3 times but with very little MOMENTUM and the last H1 has a Stoch cross down signal but its in the OS region and the TDI VB is starting to narrow. so the waiting for the best setup continues into the FO and LO. {image}

USDCAD Aug 24 H1 trade

- quick move take profits now with TP1 and TP2

- now CSTSL
Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD AUg 24 H1 trade open 24-8-2020 2-08-39 pm.png Size: 50 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,598
  • Aug 24, 2020 1:14am Aug 24, 2020 1:14am
Quoting emmanuel7788
Examples of H1 Master Candle CONSOLIDATION GBPUSD Aug 24 H1 {image} EURGBP Aug 24 H1 {image}

GBPUSD Aug 24 H1 ENGULFING setup candle

- BUEB breaking the Master Candle high
- that's a REVERSAL candle with Stoch signal
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Aug 24 H1 BUEB 24-8-2020 2-12-36 pm.png Size: 52 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,599
  • Aug 24, 2020 1:28am Aug 24, 2020 1:28am
AUDUSD Aug 24 H1

- a BUllish Engulfing Outside Bar ... but watch the H1 Master Candle to the left!

- potential with some risk.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Aug 24 H1 BUOB 24-8-2020 2-26-22 pm.png Size: 55 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,600
  • Aug 24, 2020 2:00am Aug 24, 2020 2:00am
GBPNZD Aug 24 H1 FO candle

- BUllish Engulfing Outside Bar alert
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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