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Trading Made Simple

  • #111,461
  • Nov 20, 2020 6:05am Nov 20, 2020 6:05am
Quoting Tekkies
a Tad late and good for a fast scalpe. {image}
Quoting Tekkies
{quote} WRB? What is that? ---- I see H1 is already pulling back to support level as seen on higher time frames. For now EU is going into consolidation, NY open won't take the market much in any direction. {image}{image}


WRB something you won't find in 463 posts limitations.

Its for advanced TMS traders .... with more than 5 years trading TMS Price Action

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,462
  • Nov 20, 2020 6:19am Nov 20, 2020 6:19am
Quoting likica
{quote} hihi...I am not here to convince anyone to do anything he/she does not want. I did not like how some traders talking down on others, trading is a tough business and to reach to the level that I am trading for living is joy with appreciation the market, traders, brokers,,,,. What I was trying to say is that I learnt a lot from the knowledge that Emma was sharing freely. It is up to you/me/us to choose what to take from the table that Big E left for us to use and to share and I respect his will but since he is not available with us any more...

thank you likica for being honest.

I know which voice inside fake DrDave head will be telling him....

so we stay tuned for that voice to reply...

nothing surprises me.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,463
  • Nov 20, 2020 6:27am Nov 20, 2020 6:27am
It has been quite a long trading week and I have plenty to do around the house this weekend .

EURUSD and GBPUSD Nov 20 End-Of-Week

- my plan is to close all positions by the time London session close regardless profit level.

- if EU hit 5 pips below BRN 1.19000 I take profit BE level is 1.1879

- if GU hit 1.3290 I take profit... BE level is 1.3283



Trade Well Folks. Stay Safe.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,464
  • Nov 20, 2020 6:46am Nov 20, 2020 6:46am
Quoting Tekkies
{quote} Long time no post, enjoy the coffee break. Going to get blasted for this and really don't care much about that either. BigE has posted enough information in this thread to trade TDI with success without the need for fancy words / indicators and all the other stuff that gets posted in this thread. Why use what you don't need to use? Why do so many fail with TDI is because they believe that "More is Always Better" and Emmanuel post such knowledgeable post's about read this, read that, do this, do that, use this to do that. What for? Two trend...
Hey @Tekkies -- are you still giving trading advice?

How about some advice for poor @ClosetDweller. You see, poor @ClosetDweller opened 20 1-lot BUY trades on EURUSD and then posted a chart showing they were winning. Unfortunately the trades later sent south -- way south -- and poor @ClosetDweller never explained the final result. If it was a real account poor @ClosetDweller would have lost his pants. If it was a demo account then there is only the embarassment of having to admit he has been lying all these years and > 5400 posts on this single thread alone.

@Tekkies -- do you have any clue how many members have been harmed by @ClosetDweller who claims to trade according to BigE's methodology and wishes and yet hides his big losses? He corrupts BigE's legacy. Below is an example of huge losing trades that @ClosetDweller refuses to acknowledge. Do you have any advice for him / her / it?

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"Oh, what a tangled web we weave, when first we practice to deceive!" (Sir Walter Scott, 1808)
  • #111,465
  • Nov 20, 2020 8:22am Nov 20, 2020 8:22am
Today GU moved sideways. When the market moves sideways Indicator based strategy fails most of the time because an indicator-based strategy calculates the price momentum. personal market understanding has to apply, Personal understanding may not work all the time so as that indicator-based strategy. That is why risk management has to apply. A skilled trader can handle their bad day appropriately. I am just learning to handle bad trading days. Knowing and applying has differences.
Here I don't have any enemy I hope no one will criticize me, why I did not follow TDI cross.

Closed trade before TP hit. Now market Hit my TP. I was just Don't want to lose my Profit. It is some kind of fear. I still don't know how to handle it.
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MA provides the market's current direction and strength.
  • #111,466
  • Nov 20, 2020 9:12am Nov 20, 2020 9:12am
Quoting hasib
Today GU moved sideways. When the market moves sideways Indicator based strategy fails most of the time because an indicator-based strategy calculates the price momentum. personal market understanding has to apply, Personal understanding may not work all the time so as that indicator-based strategy. That is why risk management has to apply. A skilled trader can handle their bad day appropriately. I am just learning to handle bad trading days. Knowing and applying has differences. Here I don't have any enemy I hope no one will criticize me, why I...
Set SL to BE+n or trail SL as price moves in your direction. Best is not to move TP or close early. If you do that too much your actual RR will be low and get a bad habit.
  • #111,467
  • Nov 20, 2020 9:36am Nov 20, 2020 9:36am
@emmanuel7788 can you show me some good setup of PA? I have relied on TDI too much. It seems like the best system is using TMS with Price action
  • #111,468
  • Nov 20, 2020 9:40am Nov 20, 2020 9:40am
Quoting robots4me
{quote} Hey @Tekkies -- are you still giving trading advice? How about some advice for poor @ClosetDweller. You see, poor @ClosetDweller opened 20 1-lot BUY trades on EURUSD and then posted a chart showing they were winning. Unfortunately the trades later sent south -- way south -- and poor @ClosetDweller never explained the final result. If it was a real account poor @ClosetDweller would have lost his pants. If it was a demo account then there is only the embarassment of having to admit he has been lying all these years and > 5400 posts on this...
How about that TE for all chart's with trade's posted coming 01/12/20.
Walk the talk with me Steve.
----
Told you no matter what I post, you will still harp about the same 20 lot buy's which value is only $1.30.
Anyway, keep them copy past coming, you are only showing reader's your way how to destroy BigE's legacy.
  • #111,469
  • Nov 20, 2020 9:54am Nov 20, 2020 9:54am
Quoting emmanuel7788
{quote} cherry picking posts has been and still is Tekkies style. And he would not quote Post #261 and Post #2617 because he wants you follow him and not follow the OP Big E. Less is More Remove the Stoch and TDI from your chart when you are ready. You will see MORE price action trading with HA candles and the 5EMA. More is better.
Who wrote Post 647?
Other Goebbels tactic to deceive when you conveniently forget how you constantly use Post #261 and Post #2617 to push your remove the Stoch and TDI from your chart.
The best part is you still use Watchdog (TDI) to get them C-Slope and P-Slope.
Remember that Post #2617 .........strip a chart down to nothing, that nothing means nothing.
  • #111,470
  • Nov 20, 2020 9:55am Nov 20, 2020 9:55am
Quoting fddisaster
@emmanuel7788 can you show me some good setup of PA? I have relied on TDI too much. It seems like the best system is using TMS with Price action
Well look at that! TMS with price action. Great name for a new thread! So now go open that thread and discuss that subject to your heart's content instead of cluttering THIS thread where BigE said that TDI is King.
To free Gazans of Hamas, use whatever it takes.
  • #111,471
  • Nov 20, 2020 10:25am Nov 20, 2020 10:25am
Quoting Tekkies
{quote} Who wrote Post 647? Other Goebbels tactic to deceive when you conveniently forget how you constantly use Post #261 and Post #2617 to push your remove the Stoch and TDI from your chart. The best part is you still use Watchdog (TDI) to get them C-Slope and P-Slope. Remember that Post...
Of course he wants to remove TDI because for HIM, it is at best confirmation for something else.

He would HAPPILY cut out the HEART of the system, because he has yet to figure out how to trade it profitably. Which comes as no surprise at all, considering all of the indicators he has added and how many EAs, plus bits and pieces from this, that, and the other thread. With all of those additions it's more likely that his purported 65% success rate is a dream goal of his, not an achievement.
To free Gazans of Hamas, use whatever it takes.
  • #111,472
  • Nov 20, 2020 10:35am Nov 20, 2020 10:35am
I took a Trader test at Tharp Trader test, I am very surprised they have predicted some of the things about me very accurately.

You can take this test too- https://tharptradertest.com

Knowing your self is very important, for long term success.
MA provides the market's current direction and strength.
  • #111,473
  • Edited 11:43am Nov 20, 2020 11:27am | Edited 11:43am
Quoting Tekkies
{quote} How about that TE for all chart's with trade's posted coming 01/12/20. Walk the talk with me Steve. ---- Told you no matter what I post, you will still harp about the same 20 lot buy's which value is only $1.30. Anyway, keep them copy past coming, you are only showing reader's your way how to destroy BigE's legacy.

OMG -- 20 lots EURUSD has a value of $1.30 USD? Are you sh-tting me? This is a classic of classics. I couldn't have made this up in my dreams. You really don't have a clue, do you?

20 lots with a 1 Pip drawdown is a loss of $200. Even if you had caught the drop early you would have lost 33 Pips. 33 x $200 is $6600 USD.

Most people would consider the difference between $1.30 USD and $6600.00 USD more than a rounding error.

@Tekkies -- you absolutely should not be posting advise on how to trade if you believe 20 lots EURUSD is worth $1.30 USD.


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"Oh, what a tangled web we weave, when first we practice to deceive!" (Sir Walter Scott, 1808)
  • #111,474
  • Nov 20, 2020 11:55am Nov 20, 2020 11:55am
Quoting DrDave
{quote} No worries, man. That H4 upswing is just a rally to the H16 down swing. So now working on the down continuations. Trading made simple with IMT. H2 has joined the down continuations.
That H4 upswing nearly went too far! But now the continuation down is underway. After the strong upswing, will this fail to make a lower low?
To free Gazans of Hamas, use whatever it takes.
  • #111,475
  • Edited 12:17pm Nov 20, 2020 12:04pm | Edited 12:17pm
Quoting robots4me
{quote} OMG -- 20 lots EURUSD has a value of $1.30 USD? Are you sh-tting me? This is a classic of classics. I couldn't have made this up in my dreams. You really don't have a clue, do you? 20 lots with a 1 Pip drawdown is a loss of $200. Even if you had caught the drop early you would have lost 33 Pips. 33 x $200 is $6600 USD. Most people would consider the difference between $1.30 USD and $6600.00 USD more than a rounding error. @Tekkies -- you absolutely should not be posting advise on how to trade if you believe 20 lots EURUSD is worth $1.30...
I don't want to interfere but if remember correctly i think Tekkies used to write about that he is using a "cents" account. I donīt know these type of trading accounts but i could imagine that position size there is devided to some extend. So 1 Lot trading EUR/USD for e.g is not equal with $10/Pip as it normally is or at least should be.

Quote
What is a cent account?
The main difference of such an account in the terminal would be that all the values are multiplied by one hundred. If you open a cent account and deposit $10 to it, when entering the terminal you will see the value of 1,000 cents. Now a trading lot is worth 100,000 cents, and not $100,000.
  • #111,476
  • Nov 20, 2020 12:35pm Nov 20, 2020 12:35pm
Quoting eelfranz
Alright all you party animals trying to recover from last night... or longer... Last couple of pages has covered many different topics... well, touched base anyway.... 2scoops... on post 2594... 2scoops asked me a long time ago what would be the most beneficial to learning this method for higher success... The answer was simple... study old charts for set ups... now strip down everything on that chart at that point... trends, angles, S/R levels, News times, Stoch angle within the 20-80 lines..etc. Burn it into your memory... I spent 2...
ABFTP

#2617
--------------------------------------------------------------------------------------------------------------------------------------
Alright all you party animals trying to recover from last night... or longer...

Last couple of pages has covered many different topics... well, touched base anyway....

2scoops... on post 2594...

2scoops asked me a long time ago what would be the most beneficial to learning this method for higher success... The answer was simple... study old charts for set ups... now strip down everything on that chart at that point... trends, angles, S/R levels, News times, Stoch angle within the 20-80 lines..etc. Burn it into your memory... I spent 2 years doing that.... so what does that mean?

It takes me 15 seconds to strip a chart down to nothing including the TDI & Stoch's. Taking clean trades is a breeze for me... why?

Read above...

I can take you to water but I can't make you drink... follow the simple entry & exit rules. Forget other indicators. I went down those roads so you wouldn't have too...

There is a handful who trade it correctly here who are rewarded nicely...
--------------------------------------------------------------------------------------------------------------------------------------

The OP wrote this post above. The same OP who wrote many things including: The TDI is the heart of the method. The TDI is king.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,477
  • Edited 12:56pm Nov 20, 2020 12:39pm | Edited 12:56pm
Quoting lddd
{quote} I don't want to interfere but if remember correctly i think Tekkies used to write about that he is using a "cents" account. I donīt know these type of trading accounts but i could imagine that position size there is devided to some extend. So 1 Lot trading EUR/USD for e.g is not equal with $10/Pip as it normally is or at least should be. {quote}
No matter how you slice it -- in a standard account 1 lot is 100000 units. 20 lots is 2,000,000 units. @Tekkies has claimed many times that trading TMS provides him financial freedom. The cost of living in South Africa is > 10 cents / day -- so, @Tekkies is not trading a cent account.

Whether @Tekkies is trading demo, or pennies -- 20 lots does not have a value of $1.30. And when you take into consideration the > 33 Pip drop then the loss was even bigger. It's not so much the loss -- but that @Tekkies manipulated the chart so as not to show the loss. And when called-out and shown the subsequent drop, still denies it. That's deceitful. And you are going to trust that person's advice? You are going to trust that they know how to trade TMS? And what do you think when they equate the posts of someone like @emmanuel7788 as equivalent to Nazi propagaqnda? I don't think @Tekkies is perpetrating a con or a scam -- he's not smart enough. But he does mislead and confuse traders with misinformation.

@lddd -- tell me this. If you were trading a cent account would you feel qualified to give advice to other traders? @Tekkies has many times boasted that trading TMS provides him financial security. Since the cost of living in South Africa is > 10 cents / day then something doesn't jive. If @Tekkies is trading a cent account then he's lying about the financial security it provides him. And if he is trading a standard account and believes 20 lots is worth $1.30 then he is an idiot. It's one or the other.

@Tekkies trades and thinks in a different world than most of the rest of us. @Tekkies is not going to change -- his is a way of thinking to protect oneself when everyone outside comes to realize you are an idiot. The best solution is to stop posting stupid stuff -- but even here @Tekkies can't help himself. He can't think before posting. The urge for attention is stronger than the filter that most people have to not expose yourself as a fool. @Tekkies lacks that filter where the brain double-checks what you are about to say before you open your mouth.
  • #111,478
  • Nov 20, 2020 12:40pm Nov 20, 2020 12:40pm
Quoting emmanuel7788
{quote} ABFTP #2617 -------------------------------------------------------------------------------------------------------------------------------------- Alright all you party animals trying to recover from last night... or longer... Last couple of pages has covered many different topics... well, touched base anyway.... 2scoops... on post 2594... 2scoops asked me a long time ago what would be the most beneficial to learning this method for higher success... The...

The same OP also made these posts

you can trade without the TDI

#3044 Jan 20, 2011

#3103 Jan 26, 2011

#3418 Feb 12, 2011

before this

#2617 May 16, 2011


To answer Tekkies question:

Who wrote Post 647?
Other Goebbels tactic to deceive when you conveniently forget how you constantly use Post #261 and Post #2617 to push your remove the Stoch and TDI from your chart.

Quoting Tekkies
{quote} Who wrote Post 647? Other Goebbels tactic to deceive when you conveniently forget how you constantly use Post #261 and Post #2617 to push your remove the Stoch and TDI from your chart. _______________________.
Stay Tuned!

for the next best part he asked .....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,479
  • Nov 20, 2020 12:46pm Nov 20, 2020 12:46pm
Quoting Tekkies
{quote} Hi Iddd You right, I should not be bother with it. Am not responsible or accountable for the action by members within Forex Factor. It is heartbreak to read everyday how one member is destroying this beautiful wonderful simple method. I wanted a method that was simple, worked on all timeframes, simple rules, few indicators.... that when looking at my simple chart it just shouted out what I needed to do and developed a method that is 70-80%+ wins for me on a regular basis. Why do you even bother. <> This method by BigE in this thread as he...

Tekkies claimed:

This method by BigE in this thread as he presented it has set me on a path to financial freedom.

trading demo money to financial freedom.


Quoting robots4me
{quote} OMG -- 20 lots EURUSD has a value of $1.30 USD? Are you sh-tting me? This is a classic of classics. I couldn't have made this up in my dreams. You really don't have a clue, do you? 20 lots with a 1 Pip drawdown is a loss of $200. Even if you had caught the drop early you would have lost 33 Pips. 33 x $200 is $6600 USD. Most people would consider the difference between $1.30 USD and $6600.00 USD more than a rounding error. @Tekkies -- you absolutely should not be posting advise on how to trade if you believe 20 lots EURUSD is worth $1.30...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,480
  • Nov 20, 2020 12:49pm Nov 20, 2020 12:49pm
Quoting Tekkies
{quote} _<> This method by BigE in this thread as he presented it has set me on a path to financial freedom. Trade save, Iddd.

@Tekkies

You really don't have a clue what you are posting in this thread.

Big E traded real money USD10,000. Did you read about his Las Vegas post? #557
"The money I put into my last trading account ($10,000) I don't even think about it. It's like the money you take to Las Vegas."


Tell us more please. People come to this thread for entertainment and daily laughs.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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