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Trading Made Simple

  • #111,981
  • Nov 29, 2020 7:15am Nov 29, 2020 7:15am
Quoting Sunfrog
{quote} Thanks for this, this is really helpful! {quote} When you say PA crosses the yellow line are you talking about the 5 EMA that's in yellow on your charts? I see that the yellow line in the TDI is more or less ignored by Big E.
I don't think Big E ignore his 5EMA Typical Price, Shift+3.
the 5-Method would not be without the 5EMA.

If you study your charts carefully, you can count how many setups are good when you use the 5EMA. It is conservative and it still work.
If you pick a setup without the 5EMA, then the price momentum must be very strong and you can see that in the price OHLC, the reversal price action and the RSI green price line. This is where the TMSTDI WatchDog info data will be useful for new traders.

Big E had 19 chart templates which he would consult when the TDI setup is 'iffy' to him.

He read HA candle price action in his own way and very different from how traders who trade the traditional HeikenAshi candles.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,982
  • Nov 29, 2020 7:16am Nov 29, 2020 7:16am
this picture is for those who get angry when other systems post here.
So far I have develop this, I have to improve it more, I may remove some indicators or replace with new indicators.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.png Size: 48 KB
MA provides the market's current direction and strength.
  • #111,983
  • Nov 29, 2020 7:34am Nov 29, 2020 7:34am
Quoting hasib
this picture is for those who get angry when other systems post here. So far I have develop this, I have to improve it more, I may remove some indicators or replace with new indicators. {image}
Nice to see yet another contributor adding confirmation of the ToxicDumpThread with disrespect for the wishes of BigE.

post #1721 May 8, 2011
No more adding things to this method. PM me first always. If you can't respect and live with that... unfortunately you'll be banned...
Every trader has learned the forex differently... you find things you like to do or use. That's great but do so without posting it here. We follow the rules only and that brings the members success... thanks...

post #1718 May 8, 2011
I get a little frustrated when people keep adding stuff and then posting it on the forum. I repeatedly ask others to PM others on the thread with the new ideas and not posting them. At least PM me with their ideas...
To free Gazans of Hamas, use whatever it takes.
  • #111,984
  • Nov 29, 2020 7:49am Nov 29, 2020 7:49am
Quoting hasib
this picture is for those who get angry when other systems post here. So far I have develop this, I have to improve it more, I may remove some indicators or replace with new indicators. {image}
Hasib, you have posted so many different indicators / methods / part of methods / combinations of both, there is reason to be come angry.

Never to what you post, towards your refusal to accept sound advice from members. They give you advice and the next post is about something else you are going to trade with, next day again something else.

How many systems have you tested over the past 8 years (joined Jan 2013) and you still have no direction as to what you want to trade with.

Somewhere you have to say to yourself: I am going to trade with this and that with those set of rules and bugger the rest.
  • #111,985
  • Nov 29, 2020 7:59am Nov 29, 2020 7:59am
Quoting Tekkies
{quote} Hasib, you have posted so many different indicators / methods / part of methods / combinations of both, there is reason to be come angry. Never to what you post, towards your refusal to accept sound advice from members. They give you advice and the next post is about something else you are going to trade with, next day again something else. How many systems have you tested over the past 8 years (joined Jan 2013) and you still have no direction as to what you want to trade with. Somewhere you have to say to yourself: I am going to trade with...
Maybe everyone should cut him a break. Afterall, he is just emulating the ToxicFakeTrader!

These points that you make could just be all old news presented to the ToxicFakeTrader, right?

you have posted so many different indicators / methods / part of methods / combinations of both,

your refusal to accept sound advice from members. They give you advice and the next post is about something else you are going to trade with, next day again something else.
To free Gazans of Hamas, use whatever it takes.
  • #111,986
  • Nov 29, 2020 8:01am Nov 29, 2020 8:01am
Quoting Tekkies
...Somewhere you have to say to yourself: I am going to trade with this and that with those set of rules and bugger the rest...
@Tekkies -- and who are you to tell someone what the rules should be or what they should say to themself? Are you Queen of the trading universe? Does trading demo accounts afford you, @Tekkies, "financial freedom". You can't even calculate the value of a trade, and yet you lecture @hasib? Speaking of "flapping lips", ain't that a perfect example...
  • #111,987
  • Nov 29, 2020 8:18am Nov 29, 2020 8:18am
Quoting Tekkies
{quote} Hasib, you have posted so many different indicators / methods / part of methods / combinations of both, there is reason to be come angry. Never to what you post, towards your refusal to accept sound advice from members. They give you advice and the next post is about something else you are going to trade with, next day again something else. How many systems have you tested over the past 8 years (joined Jan 2013) and you still have no direction as to what you want to trade with. Somewhere you have to say to yourself: I am going to trade with...
It's called Quest for excellence. Soon you will see I will trade only a few systems. It seems like you guys start attacking me now. I am enjoying it.
MA provides the market's current direction and strength.
  • #111,988
  • Nov 29, 2020 8:23am Nov 29, 2020 8:23am
Quoting DrDave
{quote} Maybe everyone should cut him a break. Afterall, he is just emulating the ToxicFakeTrader! These points that you make could just be all old news presented to the ToxicFakeTrader, right? you have posted so many different indicators / methods / part of methods / combinations of both, your refusal to accept sound advice from members. They give you advice and the next post is about something else you are going to trade with, next day again something else.
For your better understanding Let me show you a range trading strategy. that works very well. Look at last week's possible trade.
don't you think it is a very nice strategy for ranging market.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2.png Size: 59 KB
MA provides the market's current direction and strength.
  • #111,989
  • Nov 29, 2020 8:30am Nov 29, 2020 8:30am
Look at this trend trading strategy that can show you when the market is moving sideways.
van tharp said you need to have multiple strategies for multiple market conditions.
If you think you know better than Van Tharp I have nothing to say. I will enjoy your comment and your thought.
Best of luck everyone.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_3.png Size: 48 KB
MA provides the market's current direction and strength.
  • #111,990
  • Nov 29, 2020 8:36am Nov 29, 2020 8:36am
Quoting hasib
{quote} For your better understanding Let me show you a range trading strategy. that works very well. Look at last week's possible trade. don't you think it is a very nice strategy for ranging market. {image}
Really, no one can say if it is a nice strategy or not because you did not present a strategy; you presented a screen capture with lots of pretty colors and lines.
To free Gazans of Hamas, use whatever it takes.
  • #111,991
  • Nov 29, 2020 8:43am Nov 29, 2020 8:43am
Quoting hasib
{quote} It's called Quest for excellence. Soon you will see I will trade only a few systems. It seems like you guys start attacking me now. I am enjoying it.
Not attacking Hasib.
Did also stumbled around, before settling on one method. Really hope that "soon" comes to you real fast. Spending 8 years of your live is a long time and those hours spent must start to pay back to you.
  • #111,992
  • Nov 29, 2020 8:55am Nov 29, 2020 8:55am
Quoting Tekkies
{quote} Not attacking Hasib. Did also stumbled around, before settling on one method. Really hope that "soon" comes to you real fast. Spending 8 years of your live is a long time and those hours spent must start to pay back to you.
what I have learned in 8 years here is a summary
1. Price actions.
2. Risk management.
3. Different strategies
4. I have learned I know nothing.
5. No Technical strategy works in the market all the time.
6. Be aware of market fundamentals. Fundamentals don't mean ff news calendar.
7. Supply and demand.
8. Candlesticks pattern
9. Different ways of understanding market structure. etc.
Now I will settle on 2 to 3 strategies soon I will delete all the indicators and all the setup just follow those 3 strategies.
One is for the trending market one is for the sideway market.
MA provides the market's current direction and strength.
  • #111,993
  • Nov 29, 2020 9:04am Nov 29, 2020 9:04am
Quoting Tekkies
{quote} Not attacking Hasib. Did also stumbled around, before settling on one method. Really hope that "soon" comes to you real fast. Spending 8 years of your live is a long time and those hours spent must start to pay back to you.
I will finalize my strategy with in November 2020.

I spend 8 years but still new traders who join trading recently lecture me. I Learn from them. Because I am willing to learn more.
MA provides the market's current direction and strength.
  • #111,994
  • Nov 29, 2020 9:11am Nov 29, 2020 9:11am
Quoting hasib
Look at this trend trading strategy that can show you when the market is moving sideways. van tharp said you need to have multiple strategies for multiple market conditions. If you think you know better than Van Tharp I have nothing to say. I will enjoy your comment and your thought. Best of luck everyone. {image}
Two questions Hasib.
> When do you know what market conditions is currently at play on the active open bar?
> Did Van Tharp also wrote how to spot those multiple market conditions while you are trading?
  • #111,995
  • Nov 29, 2020 9:17am Nov 29, 2020 9:17am
Quoting hasib
{quote} I will finalize my strategy with in November 2020. I spend 8 years but still new traders who join trading recently lecture me. I Learn from them. Because I am willing to learn more.
So that means coming 01/12/2020 (Next week Tuesday) you are going to post your final strategy.

Looking forward to read about it, Hasib.
  • #111,996
  • Nov 29, 2020 10:06am Nov 29, 2020 10:06am
Quoting hasib
{quote} what I have learned in 8 years here is a summary 1. Price actions. 2. Risk management. 3. Different strategies 4. I have learned I know nothing. 5. No Technical strategy works in the market all the time. 6. Be aware of market fundamentals. Fundamentals don't mean ff news calendar. 7. Supply and demand. 8. Candlesticks pattern 9. Different ways of understanding market structure. etc. Now I will settle on 2 to 3 strategies soon I will delete all the indicators and all the setup just follow those 3 strategies. One is for the trending market...
Oh I didnt know you have been here for this long.

I am not sure about how things play out, but I would suggest to stick with only 1 strategy for now for Live Trading and prop firm challenge. Reasons are:
1. You dont have a developed and running strategy yet. (Multitasking is only functional when all systems are executed fluently)
2. Switching systems according to market condition is a predictive move and very difficult if not possible
3. You mentioned your emotion control is not ready (multi-system gives excuse to “revenge trade” and “chase the market”)

I can share my approach with you on trading with multiple systems
1. develop systems based on different aspects of the market analysis. If you choose TMS, then another system can be MA, etc.
2. trade the systems as a basket with overall positive return rather than one system at any time, simply switching systems is most likely a lagging process. Adjusting position size for each strategy is more feasible
3. If possible, automate strategies with straight forward rules (manual management is ok but better also automated). So you can focus more on systems that are manual. Also make less mistakes

good luck!
  • #111,997
  • Nov 29, 2020 12:05pm Nov 29, 2020 12:05pm
Quoting Tekkies
{quote} So that means coming 01/12/2020 (Next week Tuesday) you are going to post your final strategy. Looking forward to read about it, Hasib.
@Tekkies -- why should he post his strategy -- are you looking for a new one? You demo trade TMS from your closet -- that is your "financial freedom". Two seconds ago you lectured @hasib to stick with one strategy. And now you're the one looking for a new one? Every one of your posts competes with the previous one for being more dumb. Such a fool...
  • #111,998
  • Nov 29, 2020 1:18pm Nov 29, 2020 1:18pm
Quoting Tekkies
{quote} No need to argue Iddd, that is how you see it, so be it for you. ------ What I can not understand is: > why member's come to this thread and contumely post that this method does not work or need other indicators to what is available in post#25. >> You don't like TDI or this method move on, you think this method needs new or other indicators start a thread, you want to change this method start a thread. But everyday members come and bash / change / adjust what BigE has posted and boy oh boy if you dare to disagree with them, they become bulls...
Yes i know what you mean, didn‘t want to bash it. This was just something i already found tricky in the past, its great it you found a solution on it that works for you.

Trade safe too. Regards.
  • #111,999
  • Nov 29, 2020 1:34pm Nov 29, 2020 1:34pm
Quoting hasib
{quote} what I have learned in 8 years here is a summary 1. Price actions. 2. Risk management. 3. Different strategies 4. I have learned I know nothing. 5. No Technical strategy works in the market all the time. 6. Be aware of market fundamentals. Fundamentals don't mean ff news calendar. 7. Supply and demand. 8. Candlesticks pattern 9. Different ways of understanding market structure. etc. Now I will settle on 2 to 3 strategies soon I will delete all the indicators and all the setup just follow those 3 strategies. One is for the trending market...
So you learned nothing that really matters to make money from trading!? And after 8 years you have no capital saved so you could open a averaged sized retail live trading account and come here to talk about your strategies and trying to pass some prop trading challenge to get funded? Hmm, okay...

  • #112,000
  • Nov 29, 2020 3:03pm Nov 29, 2020 3:03pm
Quoting lddd
{quote} So you learned nothing that really matters to make money from trading!? And after 8 years you have no capital saved so you could open a averaged sized retail live trading account and come here to talk about your strategies and trying to pass some prop trading challenge to get funded? Hmm, okay...
@lddd -- not only is @hasib much younger than you, he may not have had access to the same type of "capital" as you. That's one of the most compelling aspects of trading forex -- it has the potential to open doors for people who otherwise may not have the same opportunities as you. Not everyone will pass through the doors -- but, at least, it gives hope. @lddd -- obviously you were born with a silver spoon in your mouth and assume so was everyone else. You can mock @hasib, but by the time he is your age he will be 10x (at least) the trader as you.
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