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Trading Made Simple

  • #109,021
  • Sep 21, 2020 6:26pm Sep 21, 2020 6:26pm
Quoting foxali300
hello tekkies and emmanuel again this is usdjpy it is ready to buy ic close candl like that or ?{image}

hi foxali

your chart:

Attached Image (click to enlarge)
Click to Enlarge Name: foxali USDJPY H4 22-9-2020 7-09-35 am.png Size: 109 KB


my study notes;

- I see a swing low developing but that #5 candle still active and has not closed and your TDI already refreshed. The TDI #25 used by Big E will not update/paint until candle#5 closed. It will only show the RSI(13) of candle#4 Closed.

- price action is leading the oscillators.

- candle #5 is a big candle compared to #4, #3, #2, and #1

- big candle which falls in the category of a WRB will usually follow by a small candle Inside Bar

- look to farther left, the short term trend (Daily) is down, the long term trend (Weekly is sideways but to the down side)

Attached Image


- price move lower and both oscillators Stoch and RSI rolling over to show divergence.
what do you know about trading this phenomenon?
did you learn from John Hayden? if you have, then you should know what to look for next.

study this book ...
RSI: The Complete Guide by John Hayden click to [download]

Trend Determination using the RSI (TDI)click to [download]

The Truth about Divergence ... read Chapter 4 Page 65

... more/-
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,022
  • Sep 21, 2020 6:31pm Sep 21, 2020 6:31pm
Quoting emmanuel7788
{quote} Hi Nat Q. Once 5 pips 1st target is reached SL is brought to BE right? A. No Q. 2nd target 10 pips hit, SL will be brought to 1st target (5 pips) until it reaches 3rd target (15 pips)? A. No Note the the Multi-Lot entry / exit strategy is different from the R and R-Multiple exit strategy. Both has their own variations and that depends on the trader to develop his/her variations to achieve better trading performance and results. The objectives must be clear which strategy to use. There are pros and cons in both. There is a short document...
I've read the PDF. It say you should open 3 trades on entry. With three targets and as each target is hit SL should be moved
  • #109,023
  • Sep 21, 2020 6:55pm Sep 21, 2020 6:55pm
Quoting foxali300
{quote} oh yes this my problem with notes i was heard about it an it is important to but not i do not do it bcoz i feel confused if back to it ha a id not know maybe coz i dot kow make notes ha ha ha but i will try do it{image} yes was take this deal bcoz i see green line for tdi walk together with red line on 50levels line and see bleue candl become small than after see first big red candl and see green line crossover rad line and 50levels line too

hi foxali300

you do not follow 100% simple instructions.

why do you have different templates when you are starting like Big E in 2008?

I already replied you twice that you should have the same template with the Stoch in sub-window1 and TDI in sub-window2.
TDI was his 'helping indicator' when Big E started out in 2008.
" using the TDI as a helping indicator to guide us for entries & exits to completion...." #202

Therefore, you are starting new so follow his posts ... his trading journey and learn one piece of his puzzle at a time, then put together the pieces and to see the big picture.

you want to learn fast, be meticulous like me and follow Big E in every detail in every of his posts and charts, and start making observations and take mental notes....
one day trading TMS 5-Method will become intuitive when your brain get all wired up for trading.



Attached Image (click to enlarge)
Click to Enlarge Name: foxali EURUSD H4 chart 22-9-2020 7-30-52 am.png Size: 137 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,024
  • Sep 21, 2020 7:10pm Sep 21, 2020 7:10pm
Quoting Nat.Fx
{quote} I've read the PDF. It say you should open 3 trades on entry. With three targets and as each target is hit SL should be moved

hi Nat

that's good. I know you have a good brain and you are open minded and wanting to learn as much as you have time for during this pandemic.

You need to think of the money management and risk management parts of the entry and exit of each of the 3 lots. You can trade with more than 3 multi-lots entries. The number of lots can be 4,5,6 as many but 3 is the base to start with and see how that work.

I will explain with the next live trade.

Recently , I have been posting M15 trade charts here and there are reason for doing so. Only one member PM and asked me about why I post my trades on M15 when I am actually trading H4 and H1 price action. The clue is if M15 runs in 5th HA candle, it can be only the H1 HA 1st candle or 2nd H1 HA candle. This is what one two members do not see and they are screaming do not enter on candle 5, etc. These members cannot see beyond their nose because of syndrome #463#Limitations.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,025
  • Sep 21, 2020 8:02pm Sep 21, 2020 8:02pm
#463# Limitations

what Big E 'presented' posted is 463 posts in this thread.

what Big E did not present are the missing pieces of your puzzle.

One missing piece of my puzzle was what the Traders_Dynamic_Index which Dean Malone taught many of his Synergy trading model traders is this:

- when the market makes a strong move lower and the RSI green price line leaves the lower Volatility Band VB then watch when the RSI green line re-enters the lower VB... watch for change in market conditions.

- also a well known trader member named Tymen in babypips forum explained the Bollinger Band BB characteristic - its shape changes from balloon shape to shape like a sausage or to 'squeezed' , learn how the trade the volatility in the price action.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Sep 21 and 22 H4 22-9-2020 8-46-41 am.png Size: 59 KB

Trading with the price action is really quite simple and easy when we apply that to Post #261.
But trading PRICE ACTION naked chart trading is a different thing and people here are confused with the two talking about two different things - price action 5-Method vs PRICE ACTION Naked Trading.

No wonder the very few members are talking about what was presented and what not.... since 2012 after the OP died ... and their learning stopped.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,026
  • Sep 21, 2020 8:12pm Sep 21, 2020 8:12pm
Quoting emmanuel7788
{quote} hi foxali do you plan to trade live one day with USD100,000? use SMART ideas. study notes: - make your demo trading as real as possible - when demo trading use an account with the same deposit amount for the trading strategy you have decided - demo trading is also to test your money management - demo trading is also to test your entry and exit strategy - demo trading is also to test your expert advisor trade manager - if you treat demo money like real money, demo trading will put you through your mental fitness development to how to deal...
sure i am not plan to trade live with usd100,000
if i think will open live trade just usd18.170 or usd186.17 ....this ok ????
  • #109,027
  • Sep 21, 2020 8:12pm Sep 21, 2020 8:12pm
Trading the TDI cross blindly will lead you to margin calls...

trading the TDI Golden Cross blindly will also lead to losses and more losses.

What is a TDI Golden Cross?

Big E did not present this either.

Here is an example of the Golden Cross - when green cross red and yellow at the same time.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Spe 21 TDI Golden Cross 22-9-2020 9-04-37 am.png Size: 22 KB

Sep 22:
sell on Daily and Weekly with R and R-Multiple exit management
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,028
  • Sep 21, 2020 8:17pm Sep 21, 2020 8:17pm
Quoting emmanuel7788
{quote} hi foxali your chart: {image} my study notes; - I see a swing low developing but that #5 candle still active and has not closed and your TDI already refreshed. The TDI #25 used by Big E will not update/paint until candle#5 closed. It will only show the RSI(13) of candle#4 Closed. - price action is leading the oscillators. - candle #5 is a big candle compared to #4, #3, #2, and #1 - big candle which falls in the category of a WRB will usually follow by a small candle Inside Bar - look to farther left, the short term trend (Daily) is down,...
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-h4-fxdd.png Size: 118 KB

ok this first big blue candl in chart 4h udejyp not mean buy ?
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-h4-fxdd (1).png Size: 143 KB

Attached Image

did you mean i should wait red candl is back small after see big blue candl about can buy like this picter?
  • #109,029
  • Sep 21, 2020 9:08pm Sep 21, 2020 9:08pm
Quoting foxali300
{quote} {image} ok this first big blue candl in chart 4h udejyp not mean buy ? {image} {image} did you mean i should wait red candl is back small after see big blue candl about can buy like this picter?

No. You cannot buy after a H4 big candle Post#647 and when a big candle is a WRB.

At that H4 big candle, the Daily was bears .... and the Weekly condition Trend 2/8 TMS_V19 analysis shows ranging market

and now it turned to bearish....

What did Big E said in his posts about when he was not sure about something? ...
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY H4 Sep 22 TMS_V19.png Size: 39 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,030
  • Edited 9:38pm Sep 21, 2020 9:14pm | Edited 9:38pm
Quoting emmanuel7788
{quote} hi Nat that's good. I know you have a good brain and you are open minded and wanting to learn as much as you have time for during this pandemic. You need to think of the money management and risk management parts of the entry and exit of each of the 3 lots. You can trade with more than 3 multi-lots entries. The number of lots can be 4,5,6 as many but 3 is the base to start with and see how that work. I will explain with the next live trade. Recently , I have been posting M15 trade charts here and there are reason for doing so. Only one member...
Yes, i noticed that alot when i study your entries and Exits

For example you posted a entry a few hours ago. The signal occurred on H1 chart yet you posted M15. Another was off M30

I actually like it. Cos it helps me pinpoint and find the entry criteria you used. Like a game or puzzle lol
  • #109,031
  • Sep 21, 2020 10:04pm Sep 21, 2020 10:04pm
These members cannot see beyond their nose because of syndrome #463#Limitations.
I like that.
Somehow those limitations is all that you need to trade this method as BigE posted in this thread.
---------
When you do read member's post's pay attention to the small details that are in those post.
Compare those details against what BigE has posted in THIS thread.
Here are examples:
Emmanuel: The TDI is lagging and it was his helping indicator.
BigE: The key to this method is the Traders Dynamic Index indicator for entries and exits.
How can a helping indicator become the key indicator in this thread?

Emmanuel: Study this Stoch Slope......... (and) compare the %K line
BigE: I also use a Stochastics (8,3,3) indicator. It is ONLY used to confirm direction. Nothing else.
Why study stoch when it is only to confirm direction?

Emmanuel: the Bollinger Band BB characteristic
BigE: Only red and green lines (double thickness) and remove the others
Where did BigE use Bollinger Bands in this thread?

Emmanuel: price action 5-Method
BigE: Folks were getting confused by mixing up rules from different methods so this thread will only be about the 5 method.
Why try and classify a method to something that BigE did not even do? He posted "5 method"

Can understand why so many reader's / member's want to learn this method, find similar misleading or contradictions posted over the years and
say "Fuck this" and walk away.
  • #109,032
  • Sep 21, 2020 11:51pm Sep 21, 2020 11:51pm
Quoting Tekkies
These members cannot see beyond their nose because of syndrome #463#Limitations. I like that. Somehow those limitations is all that you need to trade this method as BigE posted in this thread. --------- When you do read member's post's pay attention to the small details that are in those post. Compare those details against what BigE has posted in THIS thread. Here are examples: Emmanuel: The TDI is lagging and it was his helping indicator. BigE: The key to this method...
The one with #463# Limitations will refuse to admit it even when he contradicted himself over and over again with his own statements - read Big E posts in this thread and your will be suceesful... read BigE full pdf and you will be successful... all lies when he read Big E full pdf he would have read some of the posts and charts are from CraigHarrisStochasticMethod in the Big E full pdf.

Follow the trading journey of Big E in Forex Factory starting in 2008. You will find this post #202. That thread started as GBPUSD M15 Trading, then the title wa changed to Craig Harris Stochastics and then it went on to other systems/methods 21/233 Method and 5-Method.

#202

Good Morning Everyone... Thanks for all of your posts and help.

This thread is about The Craig Harris Method really using the TDI as a helping indicator to guide us for entries & exits to completion.

For anyone who knows me... you know I'm always testing, tweeking, etc. to find improvements.

Well, the other day I added the Synergy channel on my 15 minute charts (5 SMA/Hi & 5 SMA/Lo) doing some more testing. What I discovered was by blending the two methods together... One is always confirmation for the other.

Sometimes the Synergy makes the entry call first and sometime Craigs makes the entry call first.

But I ALWAYS stick to the Tokyo Channel 40+ pip range if I'm using Craigs method. For day trading you might want to lean heavier on Synergy. You decide by studying charts back 1-3 months.

As stated above... it's a blending to give you the best chance for success.

Kolin... don't leave us. Stay, participate and grow with us.

Everyone do a little tweeking, brain storming and put in your 2 cents for the benefit of everyone.

2010 needs to be your best pippin' year ever... lets make it happen.

Big E

-----------------------------------------------------

screenshot of Big E full pdf page 67:
Attached Image (click to enlarge)
Click to Enlarge Name: BigE full pg67.png Size: 114 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,033
  • Sep 22, 2020 12:06am Sep 22, 2020 12:06am
Quoting Tekkies
These members cannot see beyond their nose because of syndrome #463#Limitations. I like that. Somehow those limitations is all that you need to trade this method as BigE posted in this thread. --------- When you do read member's post's pay attention to the small details that are in those post. Compare those details against what BigE has posted in THIS thread. Here are examples: Emmanuel: The TDI is lagging and it was his helping indicator. BigE: The key to this method...
@Tekkies

You have 4 questions, that is very good. I'll answer all your questions since you are in the same category who have not learne dnore mastered the simple method ...
#160
Unless you mastered this method already... keep the questions or concerns coming. Post your Demo trades too.

Continue making Demo trades to build your confidence and study old charts where the TDI gives clean signals... it will pay you in spades... well, pips in our case...

One member is confused by your post:

Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies #109,033 22-9-2020 12-51-37 pm.png Size: 94 KB


Folks,

stay tuned for my answers to Tekkies four questions.

Now I am busy with FO / LO.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,034
  • Sep 22, 2020 12:09am Sep 22, 2020 12:09am
TMS Monitor Sep 22 H4 10PM PDT 1AM EST

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Sep 22 H4 10PM PDT 1AM ETS 22-9-2020 1-07-03 pm.png Size: 31 KB

- quick scan of all pairs in my watchlist, nothing nice looking now.

- I look at P-Slope and C-Slope, then the HA candles H4, D1 and W1

- wait one hour till FO.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,035
  • Sep 22, 2020 12:46am Sep 22, 2020 12:46am
GBPUSD Sep 22 M15

- Timing your entry

- count your candles

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Sep 22 M15 w H1 timing 22-9-2020 1-45-25 pm.png Size: 62 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,036
  • Sep 22, 2020 1:07am Sep 22, 2020 1:07am
Quoting emmanuel7788
GBPUSD Sep 22 M15 - Timing your entry - count your candles {image}

TMS Monitor Sep 22 H1 Frankfurt Open

- C-Slope 6 is good enough for consideration

- check your chart for PA



Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Sep 22 FO H1 22-9-2020 2-06-02 pm.png Size: 18 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,037
  • Sep 22, 2020 2:19am Sep 22, 2020 2:19am
Quoting Tekkies
These members cannot see beyond their nose because of syndrome #463#Limitations. I like that. Somehow those limitations is all that you need to trade this method as BigE posted in this thread. --------- When you do read member's post's pay attention to the small details that are in those post. Compare those details against what BigE has posted in THIS thread. Here are examples: Emmanuel: The TDI is lagging and it was his helping indicator. BigE: The key to this method...
Thanks for posting those quotations from the ThreadPerverter aka emmaunel7788: I have him on Ignore so I don't see his posts, so it is convenient that you extracted the parts that do not belong in this thread. (Sure, with him on Ignore I miss a lot of good laughs with his many absurd remarks, but I also am no longer exposed to his blatant mistakes, nonsense, and thread perversions.)

Any intelligent person would long ago have seen that BigE uses exactly 2 indicators in this thread for his 5-method--3 if you count the HA bars--TDI and stochastics.

When you do read member's post's pay attention to the small details that are in those post. Compare those details against what BigE has posted in THIS thread.

Here are examples:
Emmanuel: The TDI is lagging and it was his helping indicator.
BigE: The key to this method is the Traders Dynamic Index indicator for entries and exits. How can a helping indicator become the key indicator in this thread?

Is the problem that emmanuell7788 does not have a good grasp of English so makes a lot of mistakes in comprehending what is written, or is it that he simply wants to take over the thread and present HIS way with total disrespect of BigE? Or, maybe it is all of the above.

As usual, emmaunel7788 tries to distort and pervert this thread to HIS way of doing things. Where was the talk about the TDI as helping indicator? In the Craig Harris Stocahstics (CHS) Thread!!! Maybe there is confusion because in both that thread and this thread is presented the 5-method. The 5-method in THIS thread is NOT the same as the 5-method in the CHS thread! For those that can read but have difficulties COMPREHENDING English, the CHS 5-method used HA bar closing across the ema5 as the primary signal. In THIS thread, the 5-method gives the ema5 VERY LITTLE IMPORTANCE! In place of the above signal, BigE used the TDI green cross red.

Here is an English lesson to help some of you.
"was" is the past tense verb of being of "is", the present tense form.
"The TDI WAS used as a helping indicator in the CHS thread, but in this Trading Made Simple thread, the TDI IS used as the primary indicator". Interpretation: In the PAST, when developing the 5-method in the CHS thread, the TDI WAS used as a helping indicator and some other indicator WAS the primary indicator. In the TMS thread, the TDI IS NOW and from this point forward in time the primary indicator and some other indicator IS NOW the helping indicator.

And for those that either have not bothered to read the threads or that read them but have poor reading comprehension, BigE said CLEARLY that when he used the HA/ema5 signal, he was giving up a lot of pips because the signal came too far into the new swing. So in THIS thread, he switched to using the TDI green cross red as the signal because he found BY OBSERVATION that The TDI crossing OFTEN was earlier in the swing than the HA/ema5 signal.

stay tuned!
To free Gazans of Hamas, use whatever it takes.
  • #109,038
  • Sep 22, 2020 2:29am Sep 22, 2020 2:29am
Again we have daily English reading lesson but nothing about trading and trading made simple with the 5-Method.

It is the same ... what Big E said... what Big E did not say. That's #463# Limitations syndrome.

Do you really think by reading what Big E said in his 463 posts will make you a profitable trader?

Just focus on your trading to make money and make pips lots of it.

We do not need English reading lessons in Forex Factory.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,039
  • Sep 22, 2020 3:12am Sep 22, 2020 3:12am
Quoting emmanuel7788
TMS Monitor Sep 22 H4 10PM PDT 1AM EST {image} - quick scan of all pairs in my watchlist, nothing nice looking now. - I look at P-Slope and C-Slope, then the HA candles H4, D1 and W1 - wait one hour till FO.
My TMS monitor doesn't show me C-Slope or any of those slopes. Check the Monitor for solution. Didn't see
  • #109,040
  • Sep 22, 2020 3:26am Sep 22, 2020 3:26am
Quoting Nat.Fx
{quote} My TMS monitor doesn't show me C-Slope or any of those slopes. Check the Monitor for solution. Didn't see

post a screenshot and let me have a look.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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