Trading Made Simple | Page 5447 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Monitor for 'Trading Made Simple' system 565 replies

Trading Made Simple the right way, and other trading lessons 334 replies

Indicators for the 'Trading Made Simple' system 343 replies

MTF Indicators for the 'Trading Made Simple' system 241 replies

Trading Made Simple system follower - Thanks to eelfranz 9 replies

Attachments: Trading Made Simple
Exit Attachments

Trading Made Simple

  • #108,921
  • Sep 20, 2020 5:00pm Sep 20, 2020 5:00pm
Quoting Nat.Fx
{quote} I see, Just as suspected. So he used 5-method to enter here not TDI. So why indicate that its a bounce trade whereas it wasn't?
I don't trade this method, but from what I see, I think he is posting completed trades, whereas some of you are looking for a potential setup on those charts, and a bounce from the bottom

here is where I see the bounce, pretty much confirmed by what Emmanuel has posted regarding entry high up there



Attached Image (click to enlarge)
Click to Enlarge Name: g-u_bounce.gif Size: 23 KB
MAY THE TREND BE WITH YOU
  • #108,922
  • Sep 20, 2020 5:00pm Sep 20, 2020 5:00pm
Quoting Tekkies
{quote} Nat read this Post 97,082

No need to read that 97,802 selective readers' stuff.

Nat.FX has the BigE full pdf #108,903 and he is learning from the old thread posts too which are complied are in that BigE full pdf. But he is missing the "Best of Big E" which he has to ..........................


anyway,

plus my contribution like this below, he will learn and master some very basic TMS PA
Attached Image (click to enlarge)
Click to Enlarge Name: Nat #108,913.png Size: 161 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,923
  • Sep 20, 2020 5:05pm Sep 20, 2020 5:05pm
Quoting Erebus
{quote} I don't trade this method, but from what I see, I think he is posting completed trades, whereas some of you are looking for a potential setup on those charts, and a bounce from the bottom here is where I see the bounce, pretty much confirmed by what Emmanuel has posted regarding entry high up there {image}
It was a sell trade he took on the candle he marked with red vertical line. He marked entry and exit with with lines
  • #108,924
  • Sep 20, 2020 5:06pm Sep 20, 2020 5:06pm
Quoting Nat.Fx
{quote} Tekkies You just confused me even more A cross can only be confirmed after a candle close. Entry should be on the open of the next candle. You draw trendlines from open of the candle that triggered the cross. Whereas, The cross wouldn't have happened at that price in realtime This makes it seem like you guys predict the cross before it happens (if that was true, there is a high probability that green would bounce of red). Confused me a bit till Emmanuel explained one time. Now im all confused again from your post

hey Nat.Fx

you are way ahead of him and you have an open mind to learn and you will learn more as you progress ... do not be like the laggard. #81,686
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,925
  • Sep 20, 2020 5:09pm Sep 20, 2020 5:09pm
Quoting mtako
{quote} Looking really really closely, on a chart, not the image... its much clearer. 1) 16:00 candle pulls the RSI price up, away from its direction, towards the signal line, confirming the bounce. 2) During the 8pm cdl, RSI Price hits new low indicating it might continue downwards. Is it ready to resume its course ? 3) Around 10pm, RSI Price already has gone to a LOWER LOW, and Big E enters during that 1st candle, before it has even closed.
That is 3 candles after confirmation which is totally against what he taught in Post #1

Bounce was confirmed on 8am candle close (12 pm, he marked it with the V-line). Yet he took the trade at 10am. This isn't the first time i'm seeing funny Vertical line markings on his training charts
  • #108,926
  • Sep 20, 2020 5:14pm Sep 20, 2020 5:14pm
Quoting mtako
{quote} Got mixed up by the hours... trying to show you that your bounce was not a bounce.... but if you take in consideration my last post, you will understand.

OH SHIT I SEEEEEEEEEEEEEE


10 PM. I was thinking 10 am. LMAOOOOO

The red vertical line threw me off

THANKS A BUNCH MTAKO
  • #108,927
  • Sep 20, 2020 5:28pm Sep 20, 2020 5:28pm
Quoting mtako
that last candle is the 20:00 candle, the first after the confirmed bounce, that is the one he traded, around 22:00, during that candle. That is the bounce trade. Forget those vertical lines, so confusing.... they are probably his possible exits or possible second bounce he thought of... {image}
For him to trade at 10pm he took his entries from H1. Because 20:00 cdl wont close till 00:00 and he took the trade within that candle. If you look closer. The bounce was confimed on the close of 20:00 cdl which is 00:00. So he had to have taken the trade before the bounce was confirmed from a signal on H1
  • #108,928
  • Sep 20, 2020 5:32pm Sep 20, 2020 5:32pm
Quoting mtako
{quote} ask yourself this question next time and a bounce will be clear : Is the GREEN continuing its move? YES = NO BOUNCE Is it pulling back towards the signal line ? Pulling back ? Its a potential bounce. Entry in 1st or second cdl. IF GREEN is resuming its move. I know you know but sometimes charts, with all the extra objects people put in, are really not helping !
Are you sure?

Cos Big E and the others explain bounce trade as when Green line pulls back to red line and pushes away from it
  • #108,929
  • Sep 20, 2020 5:38pm Sep 20, 2020 5:38pm
Quoting Nat.Fx
{quote} Tekkies You just confused me even more A cross can only be confirmed after a candle close. Entry should be on the open of the next candle. You draw trendlines from open of the candle that triggered the cross. Whereas, The cross wouldn't have happened at that price in realtime This makes it seem like you guys predict the cross before it happens (if that was true, there is a high probability that green would bounce of red). Confused me a bit till Emmanuel explained one time. Now im all confused again from your post
Post 1,666
My 3 trades for the week... trying to average 250 pips a week... trading full lots... all 3 were bounce trades... when you ask why I didn't take a trade at an obvious candle... usually the answer was I wasn't online then or I was sleeping...

There are two bounce entry's on that chart. 1 and 3.
BigE entered the trade at the beginning of bar 3

You ask: "How did BigE know that TDI is going to bounce or cross"
(Where do you see any possibility that green is going to cross?)
Bar 2 closed with an angle below 5, indicating that moment will be strong to enter a trade on bar 3
Attached Image
  • #108,930
  • Edited 5:51pm Sep 20, 2020 5:41pm | Edited 5:51pm
Quoting mtako
{quote} ask yourself this question next time and a bounce will be clear : Is the GREEN continuing its move? YES = NO BOUNCE Is it pulling back towards the signal line ? Pulling back ? Its a potential bounce. Entry in 1st or second cdl. IF GREEN is resuming its move. I know you know but sometimes charts, with all the extra objects people put in, are really not helping !
If you enter because green line pulls back to red line. There is a high chance price will go the other direction to cross red line signal a trade in the opposite direction
Attached Image (click to enlarge)
Click to Enlarge Name: Bounce ex.png Size: 25 KB
  • #108,931
  • Sep 20, 2020 5:44pm Sep 20, 2020 5:44pm
Quoting Tekkies
{quote} Post 1,666 My 3 trades for the week... trying to average 250 pips a week... trading full lots... all 3 were bounce trades... when you ask why I didn't take a trade at an obvious candle... usually the answer was I wasn't online then or I was sleeping... There are two bounce entry's on that chart. 1 and 3. BigE entered the trade at the beginning of bar 3 You ask: "How did BigE know that TDI is going to bounce or cross" (Where do you see any possibility that green is...
Sorry Tekkies. You too got Thrown off by the vertical lines and the horizontals

Big E didnt enter on those. He entered on 22:00 on H1 possibly and exited on 6:00

He didnt enter on 8am candle lol
  • #108,932
  • Sep 20, 2020 5:46pm Sep 20, 2020 5:46pm
Quoting mtako
{quote} Exactly, read carefully : as I said : Is it pulling back towards the signal line ? Pulling back ? Its a POTENTIAL bounce. Entry in 1st or second cdl IF GREEN is resuming its move. HAHAHAHAHA youve caught my awful punctuation !!!! sorry, Ill be more carefull next time. but yeah, Im just repeating what Big E said, but in a question form. It helps me.

Perfect, Yes now everything is cleared and understood. Thanks Mtako

Thanks Tekkies, Emmanuel and Erebus for helping
  • #108,933
  • Sep 20, 2020 5:49pm Sep 20, 2020 5:49pm
Quoting Nat.Fx
{quote} Are you sure? Cos Big E and the others explain bounce trade as when Green line pulls back to red line and pushes away from it

and when using the original first version of the Traders_Dynamic_Index, this is very significant to see on the charts.... it shows the Close price

go to post #524 and ZOOM into that chart

do you see Bar chart or Line chart?

he changed his template very often
Attached Image (click to enlarge)
Click to Enlarge Name: Big E #524 chart.png Size: 129 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,934
  • Sep 20, 2020 5:52pm Sep 20, 2020 5:52pm
Quoting Nat.Fx
{quote} Sorry Tekkies. You too got Thrown off by the vertical lines and the horizontals Big E didnt enter on those. He entered on 22:00 on H1 possibly and exited on 6:00 He didnt enter on 8am candle lol
Are you sure Nat?
Look again.
Bar 3 is the bar he enterd the trade and the time frame is H4.
Attached Image (click to enlarge)
Click to Enlarge Name: surerfe.PNG Size: 36 KB
  • #108,935
  • Sep 20, 2020 5:54pm Sep 20, 2020 5:54pm
Quoting Tekkies
{quote} Are you sure Nat? Look again. Bar 3 is the bar he enterd the trade. {image}

Look closely that is 8am cANDLE

he enter 10 PM. Thats a few candles back

Those lines are possibly just analysis of his
  • #108,936
  • Sep 20, 2020 5:57pm Sep 20, 2020 5:57pm
Quoting mtako
Hi Nat, do you have a trading simulator ? What platform do you use ?
Do you mean candle replay system?

If yes i use Strategy Tester on MT4 with Fozzy RSI (recalculates on every tick, so no repaint). Traders_Dynamic_Index lags forward after a while but corrects on refresh. But who knows how many too early trades would you have taken by then
  • #108,937
  • Sep 20, 2020 6:02pm Sep 20, 2020 6:02pm
Quoting mtako
{quote} 10pm 10 PM trade not againnnnnnnnnnnnn ...


I really hate those red vertical lines which covers the real price high and low ....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,938
  • Sep 20, 2020 6:06pm Sep 20, 2020 6:06pm
Quoting Nat.Fx
{quote} Look closely that is 8am cANDLE he enter 10 PM. Thats a few candles back Those lines are possibly just analysis of his
I see what you are looking at.
The lines he draw and the time of entry's he wrote are not in agreement.
Can not explain the why BigE made the error and leave it at that.
-----
Does the human error make the training chart invalid or can we learn from it?
  • #108,939
  • Sep 20, 2020 6:08pm Sep 20, 2020 6:08pm
Quoting mtako
{quote} a simulator in Strategy tester where you can actually place trades ?
No i dont know about any
  • #108,940
  • Sep 20, 2020 6:12pm Sep 20, 2020 6:12pm
Quoting mtako
{quote} 10pm 10 PM trade not againnnnnnnnnnnnn ...
Seeing how you respond to my post I can only wonder what happened to "esteem and respect".
53 traders viewing now