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Trading Made Simple

  • #111,001
  • Nov 11, 2020 4:54pm Nov 11, 2020 4:54pm
Quoting emmanuel7788
{quote} @Tekkies Are you really that stupid to make such a request to FF Admin. Think deeper before your next post. All you need it to read this thread' OP posts and it will take you 15 seconds to strip your charts of the Stoch and TDI. That what the OP said in his reply to member 2scoops #2617 https://www.forexfactory.com/thread/...18#post4619118 "It takes me 15 seconds to strip a chart down to nothing including the TDI & Stoch's. Taking clean trades is...
I'm thinking that @Tekkies -- the self-professed @ClosetDweller -- may have missed the bus a long time ago and is incapable of catching up with the times. @Tekkies admits he / she is happy to remain in his / her closet. @emmanuel7788 -- seriously -- I'm not making that up...

Attached Image (click to enlarge)
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  • #111,002
  • Nov 11, 2020 5:05pm Nov 11, 2020 5:05pm
Quoting DrDave
{quote} See? Exactly as I said! The sorry guy has 0 control. He put me on Ignore over a couple of months ago, but loves to read every post that I make. Well, at least he is making an effort to learn something worthwhile. It's now looking like he craves attention so badly that he puts on the drama, like going into a rant and stomping out with his tail between his legs, just to try to drum up more attention. LOL No wonder he shows such fawning admiration for the ToxicFakeTraderr--he wants to be just like him! Two sick minds in[/highlight]...

And we have in this thread DrDick aka MOSTTOXIC_FakeTradingGuru as cheerleader to Tekkies self-professed @ClosetDweller, both display deranged mental conditions as we read in their posts.

With DrDick aka MOSTTOXIC_FakeTradingGuru as cheerleader to Tekkies, poor Tekkies will remain in his deep pit for a very long time.

A picture is worth a thousand words...
{ here }
https://www.forexfactory.com/thread/...9#post10246729
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,003
  • Nov 11, 2020 5:10pm Nov 11, 2020 5:10pm
Quoting robots4me
{quote} I'm thinking that @Tekkies -- the self-professed @ClosetDweller -- may have missed the bus a long time ago and is incapable of catching up with the times. @Tekkies admits he / she is happy to remain in his / her closet. @emmanuel7788 -- seriously -- I'm not making that up... {image}


Tekkies is very brave to many admissions/confessions/.... including he has not been consistent in his trading and losing money year after year since 2016. Yet he claimed TDI is Holy Grail in 2016.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,004
  • Nov 11, 2020 6:35pm Nov 11, 2020 6:35pm
@DrDick -- where is your good friend @ivan9578 -- you know, the one attached to you by umbilical chord? Haven't heard from him for awhile...

haha ah mr dick i no you ivan same man good trick ha ha tell him i wish talk him lol ha ha you fake tradr fake doktr ivan fake man ha ha ah

ha ah ha mr dick you post much mabe ivan no post bcoz you take all spase on internet no room 4 ivan lol lol ha ah ha
  • #111,005
  • Nov 12, 2020 1:11am Nov 12, 2020 1:11am
AUDUSD Nov 12 H1 trades closed

- first trade for today at Tokyo 5hr
- a H1 5-bars swing high and H1 bearish reversal candle
- hit TP1 +5pips, TP2 +10 Pips, TP3 +15 pips and remaining stopped out CSTSL M15 at FO

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Nov 12 H1 trade closed 12-11-2020 3-04-37 pm.png Size: 43 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,006
  • Nov 12, 2020 1:29am Nov 12, 2020 1:29am
GBPUSD Nov 12 M15 Frankfurt Open

- here is an example when not to trade the M15 TDI cross blindly

- look at H1 and H4 at Frankfurt Open

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Nov 12 M15 FO 12-11-2020 3-27-39 pm.png Size: 53 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,007
  • Nov 12, 2020 1:58am Nov 12, 2020 1:58am
EURAUD Nov 12 FO LO

- will LO follow through FO?

- one of the challenge trading the 4hr is the FO and LO are in one H4 candle...

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD Nov 12 M15 H1 FO 12-11-2020 3-57-04 pm.png Size: 48 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,008
  • Nov 12, 2020 2:56am Nov 12, 2020 2:56am
Quoting emmanuel7788
GBPUSD Nov 12 M15 Frankfurt Open - here is an example when not to trade the M15 TDI cross blindly - look at H1 and H4 at Frankfurt Open {image}

GBPUSD Nov 12 M15 London Open

- with LO, some traders sees divergence and TDI cross up

- but do you want to trade against the H4 bearish 'trend'?

- it takes a minimum two H4 candles for a reversal setup, therefore I'll wait if I want to be buyer today.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Nov 12 M15 LO Divergence 12-11-2020 4-52-18 pm.png Size: 53 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,009
  • Nov 12, 2020 4:05am Nov 12, 2020 4:05am
I am backtesting TMS and TMS(r) I have found some observations.

1. In the H4 Chart both system works well. Until we enter into a choppy market. In the trending market, if the market is volatile trendy, the system will generate losses.
2. TMS(r) has a good exit system.
3. In the 15-minute chart both systems don't work well generate lots of unprofitable signals. In the backtesting 15M charts don't give much profit. but In manual trading, I found better results than Backtesting because I close the trade early when trades are in profit. time to time hit stop and lose money. Very stressful.
4. For TMS(r) In H4 chart if we add too many indicators to filter out the sideways market, you will miss good trade. so no matter what you add if you filter out the sideways market you will lose good trade because that system takes trade early when swing start. so have to take losses. if the market moves sideways for a long period of time You will lose a lot of money.
MA provides the market's current direction and strength.
  • #111,010
  • Nov 12, 2020 4:19am Nov 12, 2020 4:19am
Quoting hasib
I am backtesting TMS and TMS(r) I have found some observations. 1. In the H4 Chart both system works well. Until we enter into a choppy market. In the trending market, if the market is volatile trendy, the system will generate losses. 2. TMS(r) has a good exit system. 3. In the 15-minute chart both systems don't work well generate lots of unprofitable signals. In the backtesting 15M charts don't give much profit. but In manual trading, I found better results than Backtesting because I close the trade early when trades are in profit. time to time...
@hasib -- I have a question which I should have asked earlier when I first saw you post about backtesting. So -- how are you backtesting? Are you using Strategy Tester? If so -- then be prepared for a short rant. It might sting a bit, but won't be that painful...
  • #111,011
  • Nov 12, 2020 4:58am Nov 12, 2020 4:58am
Quoting emmanuel7788
{quote} There was no price action 5-bars swing high REVERSAL so it is simple decision no matter what lagging TDI clock 4-6 show on your chart. That is simple rule.
Hi Mr. Emmanuel, I see you teaching some good concept. If you provide us a pdf guide, we can develop ourselves. Probably you already share but I couldn't find it. Thanks
MA provides the market's current direction and strength.
  • #111,012
  • Nov 12, 2020 6:29am Nov 12, 2020 6:29am
The eurusd market is randing for a long time now. What will happen Today?
Attached Image (click to enlarge)
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MA provides the market's current direction and strength.
  • #111,013
  • Nov 12, 2020 6:49am Nov 12, 2020 6:49am
How would you recommend that traders deal with this? I would strongly recommend that every trader sit down and write out their beliefs about the market and themselves. This should be done right now before you trade any more. As an example, everything I’ve said so far in this article reflects my beliefs. They are not necessarily true. I might find better ones someday. However, they are very useful beliefs now in that they help me be an effective coach. Are there any particular beliefs useful for traders? Everything we’ve covered should be useful for traders, but one thing that traders forget is getting to know the market. The closer you can come to trading the market itself — what the market is actually doing — the more successful you’ll be. The further you get from the market — into indicators, predictions, fundamentals — the more trouble you’ll have responding to the market itself. Good traders make money by responding to the markets according to the rules of their system. Many novice traders believe that they are lacking some secret trading technique. Their search for it takes them on the quest for trading’s Holy Grail. Isn’t the search for the perfect indicator along those lines misguided? I actually like the Holy Grail metaphor, because, according to mythologist Joseph Campbell, its meaning is really a search that brings you back to look inside yourself. And that’s really where the secret of success lies. People can’t even get good trading systems much less trade them — until they understand themselves.

Interview: The Holy Grail Of Trading Is Within Us All: Van K. Tharp by Thom Hartle.

excellent material share by emmanuel
MA provides the market's current direction and strength.
  • #111,014
  • Nov 12, 2020 6:51am Nov 12, 2020 6:51am
Quoting hasib
The eurusd market is randing for a long time now. What will happen Today? {image}
Hi

Look at this thread - there are excellent REAL traders like Ata,Alorente,Wavegarrick to name but a few - you can learn a lot from them.

Trade well / Mos
Don't limit yourself!!
  • #111,015
  • Edited 11:15am Nov 12, 2020 8:07am | Edited 11:15am
Quoting hasib
The eurusd market is randing for a long time now. What will happen Today? {image}
You cannot say "the <insert instrument> is ranging for a long time now.: You must put the TIMEFRAME for context.
I can make a GUESS that you you mean D1 TF because you included a screen capture of it. But having readers guessing at what you mean is a poor way to have a meaningful conversation about the matter.

For example, on H1 TF, EURUSD is in an UP TREND that began about 15:00 GMT on 11.11. The first leg up went about 30 pips and the second about 60 pips. There was a very conservative buy entry via M15 TF about 9:15 GMT. It was good for at least 10 pips, and highly likely that 15 could have been taken.
To free Gazans of Hamas, use whatever it takes.
  • #111,016
  • Nov 12, 2020 8:44am Nov 12, 2020 8:44am
Quoting hasib
The eurusd market is randing for a long time now. What will happen Today? {image}
You also need to be more precise about what you are labeling "ranging".

I have marked price bars in a VERY narrow range that lasted a considerable length of time. Would you try to avoid trading that because it is in a narrow range???

Attached Image (click to enlarge)
Click to Enlarge Name: 101354530f2e2bdce3fea8de209eaf1a.png Size: 27 KB
To free Gazans of Hamas, use whatever it takes.
  • #111,017
  • Nov 12, 2020 11:14am Nov 12, 2020 11:14am
system of BIG Ed looks simple, I'm still failing I have a success rate of 10 percent maybe more tables and Live Videos here from Emmanuel and so today bad trades I do not know where I'm making a mistake
  • #111,018
  • Nov 12, 2020 11:16am Nov 12, 2020 11:16am
More tables of your trades please
  • #111,019
  • Nov 12, 2020 11:17am Nov 12, 2020 11:17am
Quoting kaca33
system of BIG Ed looks simple, I'm still failing I have a success rate of 10 percent maybe more tables and Live Videos here from Emmanuel and so today bad trades I do not know where I'm making a mistake
Have you completed beginner's training at BabyPips.com?
To free Gazans of Hamas, use whatever it takes.
  • #111,020
  • Nov 12, 2020 11:17am Nov 12, 2020 11:17am
Quoting DrDave
{quote} HIGHER TFs don't help to find trades on a specific TF that is ranging. LOWER TFs are where you look.
banks love breakout traders,higher time frame gives bias and entries in lower time frame...look for retracements till previous leg and lok for artifacts for ur entries at the point of intrest..thanks....
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