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Trading Made Simple

  • #111,021
  • Nov 12, 2020 11:21am Nov 12, 2020 11:21am
Quoting kaca33
More tables of your trades please
Tables of executed trades are of little value for you. You need the explanation for each criterion of the set of criteria that was used to make the decision to place an order.
To free Gazans of Hamas, use whatever it takes.
  • #111,022
  • Nov 12, 2020 11:21am Nov 12, 2020 11:21am
I still don't understand what entrances to follow and so TDI zel, it turns red when to enter right at the beginning or during thanks to what I'm doing wrong
  • #111,023
  • Nov 12, 2020 11:23am Nov 12, 2020 11:23am
Quoting DrDave
{quote} Tables of executed trades are of little value for you. You need the explanation for each criterion of the set of criteria that was used to make the decision to place an order.
This is a true live video
  • #111,024
  • Nov 12, 2020 11:27am Nov 12, 2020 11:27am
Quoting sairam123
{quote} 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....
Yes, and the point here was that when a higher TF bias is SIDEWAYS, you need to step down to lower TFs to find a direction bias to use to guide even lower TF entries.

An MN1 TF that is in a SIDEWAYS range that has swings running 150 pips or more is definitely going to have CLEAR directional trending on lower TFs that is readily tradable.
To free Gazans of Hamas, use whatever it takes.
  • #111,025
  • Edited 11:59am Nov 12, 2020 11:38am | Edited 11:59am
Quoting kaca33
I still don't understand what entrances to follow and so TDI zel, it turns red when to enter right at the beginning or during thanks to what I'm doing wrong
You have decide for yourself when the TDI green cross red is evaluated, while a bar is still open, or immediately after the bar closes.

Personally, I choose to check for the green cross red only after the bar has closed.

I have several timeframes open side-by-side and when I am interested in a higher TF, I get an advance idea if a crossing is likely to occur when the higher TF bar closes by looking at the bars of the lower TF that comprise the higher TF bar.

But remember, the green cross red is ONLY a SIGNAL to check your entry criteria. My first criterion is if the slope of the green is acceptable. That immediately eliminates many of the potential trades given by the TDI signals.
To free Gazans of Hamas, use whatever it takes.
  • #111,026
  • Nov 12, 2020 1:24pm Nov 12, 2020 1:24pm
Quoting DrDave
{quote} 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??? {image}
I don't call it range, I call it Directional move.
MA provides the market's current direction and strength.
  • #111,027
  • Nov 12, 2020 1:34pm Nov 12, 2020 1:34pm
How the market will trapt your trading system or indicator. even price actions traders also get trapt in many momentum move. we all are momentum traders if we are not long-term investors. But in a time frame like the H1 market will trapt you. I am not saying other timeframe traders will not get trapped. they also get trapped. Our nice-looking entry becomes our nice-looking loss.
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MA provides the market's current direction and strength.
  • #111,028
  • Nov 12, 2020 1:39pm Nov 12, 2020 1:39pm
Attached Image (click to enlarge)
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MA provides the market's current direction and strength.
  • #111,029
  • Nov 12, 2020 1:48pm Nov 12, 2020 1:48pm
Let's study this chart, In this yellow box how many trades you will open. Assume, You don't know the future, Go through candle by candle. There are 43 candles.
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MA provides the market's current direction and strength.
  • #111,030
  • Nov 12, 2020 2:52pm Nov 12, 2020 2:52pm
Quoting hasib
How the market will trapt your trading system or indicator. even price actions traders also get trapt in many momentum move. we all are momentum traders if we are not long-term investors. But in a time frame like the H1 market will trapt you. I am not saying other timeframe traders will not get trapped. they also get trapped. Our nice-looking entry becomes our nice-looking loss. {image}
the market will trapt your trading system or indicator.

What you show with that H1 chart is how YOUR system or indicators have been trapped by the market because, assuming that this is the bulk of your system, your system is lacking CONTEXT from larger time frames.

Also, you either do not not know about what often occurs after a very wide range bar, or you don't care, because if you did, you would have filtered out that very first possible entry. On my chart, I have a signal at the OPEN of that bar (at 10:00 GMT) to go look at a LOWER TF to see if a sell setup is unfolding. And on M15, that happens to be a potential sell continuation that could be entered IMMEDIATELY, or more conservatively by waiting until price broke below some old support to the left (which occurred during the 10:45 bar). From the conservative entry to the swing low, which is the low of that H1 bar, is 40 pips! But if YOUR system is stuck with viewing only the H1 TF AND you are limited in knowledge and/or experience, then most definitely you are going to have very poor results.

No point in going through any of the potential entries that you marked because the same type of logic applies to all of them.
To free Gazans of Hamas, use whatever it takes.
  • #111,031
  • Nov 12, 2020 3:03pm Nov 12, 2020 3:03pm
Quoting hasib
{image}
The red bar you marked would be a sell CONTINUATION on that H1 chart (it's more obvious on M15) as it broke below that small support area just to the left. From there to the low of that bar is over 10 pips. I would have made money on that trade, no problem!
To free Gazans of Hamas, use whatever it takes.
  • #111,032
  • Nov 12, 2020 3:08pm Nov 12, 2020 3:08pm
Quoting hasib
Let's study this chart, In this yellow box how many trades you will open. Assume, You don't know the future, Go through candle by candle. There are 43 candles. {image}
Really, the important question for YOU is, how many trades would YOU open using YOUR system?

And then you need to follow up with, how did each trade that you opened PLAY OUT using YOUR money management system?

And then further follow up, if you made change X to your system, would the entries change AND would the trades that you enter with the modified system yield better results than the original system?
To free Gazans of Hamas, use whatever it takes.
  • #111,033
  • Nov 12, 2020 4:09pm Nov 12, 2020 4:09pm
Quoting emmanuel7788
{quote} 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. {image}
GBPUSD Nov 12 trades closed

- 4 trade batches
- all trades are based on a view to the H4 price action and H1 setups.
- trade exits are managed using THV CaveManager on M5 with Capital Protection and CandleStickTrailing.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Nov 12 trades closed 13-11-2020 5-53-07 am.png Size: 40 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,034
  • Nov 12, 2020 4:13pm Nov 12, 2020 4:13pm
[quote = emmanuel7788; 13260843] {quote} GBPUSD obchody z 12. listopadu uzavřeny - 4 obchodní dávky - všechny obchody vycházejí z pohledu cenové akce H4 a nastavení H1. - obchodní východy jsou spravovány pomocí THV CaveManager na M5 s kapitálovou ochranou a CandleStickTrailing. {image} [/ quote]
video live
  • #111,035
  • Nov 12, 2020 4:21pm Nov 12, 2020 4:21pm
Quoting emmanuel7788
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... {image}
EURAUD Nov 12 trades closed

- same trade the 4hr and Follow the H1 price action every day
- six batches six entries many exits with THV CaveManager trade management
- every time trade get stopped out, make re-entry after the M15 retracement and still follow the H4 price action

***Do Not trade blindly following the TDI. Do Not trade the M15 and H1 TDI which are against the H4 price action.***

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD Nov 12 trades cloased 13-11-2020 5-54-01 am.png Size: 42 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,036
  • Nov 12, 2020 4:26pm Nov 12, 2020 4:26pm
Quoting emmanuel7788
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 {image}

AUDUSD Nov 12 trades closed

- after the Tokyo session trade, I took two more trades trade during the London session.
- I do not trade spot forex during the New York session move over the trade the US markets E-Mini Futures.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Nov 12 trades closed 13-11-2020 5-52-13 am.png Size: 42 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,037
  • Nov 12, 2020 4:31pm Nov 12, 2020 4:31pm
Quoting kaca33
[quote = emmanuel7788; 13260843] {quote} GBPUSD obchody z 12. listopadu uzavřeny - 4 obchodní dávky - všechny obchody vycházejí z pohledu cenové akce H4 a nastavení H1. - obchodní východy jsou spravovány pomocí THV CaveManager na M5 s kapitálovou ochranou a CandleStickTrailing. {image} [/ quote] video live

not sure what you mean "video live"?

already several members have their own telegrams groups and they invite me to share live trades in their groups.

one group also conduct its own webinar during this pandemic for beginners.

X-Man as some of you know him also run his own telegram group.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,038
  • Nov 12, 2020 4:40pm Nov 12, 2020 4:40pm
Two more pairs traded yesterday

EURJPY Nov 12
- 2 trade batches during FFM and LON sessions
- same day-trading system trade 4hr Follow the H4 PA
- same entry setup and exit strategy by managed using EA THV Cavemanager.

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY Nov 12 trades closed 13-11-2020 5-55-02 am.png Size: 42 KB


USDCAD Nov 12
- this trade was 'iffy' so I cut it short with small profit.

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Nov 12 trade closed 13-11-2020 6-39-55 am.png Size: 37 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,039
  • Nov 12, 2020 4:47pm Nov 12, 2020 4:47pm
Trade Report for Nov 12 Day-Trading

- achieved my daily cash flow money target

Attached Image (click to enlarge)
Click to Enlarge Name: Trade Report Nov 12 closed trades 13-11-2020 6-45-26 am.png Size: 23 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,040
  • Nov 12, 2020 5:15pm Nov 12, 2020 5:15pm
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

what is this "success rate of 10 percent" based on?

- the number of trades open and closed?

- how long was this trading cycle/period? 1 year, 2 years, 3 years?

and Big E did not share a system here. He shared his trading journey and his 5-Method.
- do you have Money Management Strategies to build as trading system with his 5-Method?
- what Mental Strategies have you developed over the many years trading your system?

It can take some people their lifetime to learn to trade and become 'REAL traders' trading consistently and making money consistently.

Do you want to be a 'REAL' trader or a Super trader?

Attached Image
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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