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Trading Made Simple

  • #112,081
  • Dec 1, 2020 8:35pm Dec 1, 2020 8:35pm
Quoting emmanuel7788
AUDJPY Dec 02 H4 swing trade, Tokyo 11am local Among the four pairs - AJ, EJ, GJ and UJ, this AJ pair setup is the best. Wait till the next H4 and decide buy with a stop loss - 45~50 pips and make sure you use %risk money and do you trade Position Size. Or look for a trade setup in M15 and BRN 77.00 {image}

AUDJPY Dec 02 M15 Tokyo 11:30AM

- PA with RSI green price line 'checkmark'
- a checkmark has -ve Prev Slope and +ve Curr Slope

- buy @BRN 77.00ish ... SL 76.50ish
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY Dec 02 M15 buy BRN77.00 2-12-2020 10-30-14 am.png Size: 54 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,082
  • Dec 1, 2020 11:58pm Dec 1, 2020 11:58pm
I agree. Even I always enter at the cross. Works even today.
  • #112,083
  • Dec 2, 2020 12:08am Dec 2, 2020 12:08am
Post 112,078 The OP had at one time 19 different templates and he would 'consult' different templates, different timeframes, ... when he see a TDI setup that is 'iffy' to him.

Nice to know that the OP did this with "iffy" set up's
Post#495...... I choose my trades carefully making sure they meet the entry rules spot on... and pass on the iffy ones and go hunt other charts.

When a TDI setup does not meet the rules completely, don't find reason to place a trade by loading different templates to find that reason to place a trade.
  • #112,084
  • Edited 1:14am Dec 2, 2020 12:35am | Edited 1:14am
Quoting Tekkies
Post 112,078 The OP had at one time 19 different templates and he would 'consult' different templates, different timeframes, ... when he see a TDI setup that is 'iffy' to him. Nice to know that the OP did this with "iffy" set up's Post#495...... I choose my trades carefully making sure they meet the entry rules spot on... and pass on the iffy ones and go hunt other charts. When a TDI setup does not meet the rules completely, don't find reason to place a trade by loading...
What a bunch of nonsense. Of course it makes sense to explore different templates. Different templates include different indicators and settings. Different tools highlight different features of the data. Whereas with one tool the data may look uneventful, but with another a particular pattern jumps out. This is just algebra. And when you apply different algebraic formulas to the same data then different features and patterns may become more or less apparent. And as a discretionary trader this is exactly what you want to do -- no different than checking different time frames.

@Tekkies -- you've already admitted you are most comfortable trading from the safety of your closet. You are too afraid to stick your toe out. Stay there where it is safe. It is not helpful to pass your fear on to others who may be inclined to explore a bit
  • #112,085
  • Dec 2, 2020 1:16am Dec 2, 2020 1:16am
Quoting Tekkies
Post 112,078 The OP had at one time 19 different templates and he would 'consult' different templates, different timeframes, ... when he see a TDI setup that is 'iffy' to him. Nice to know that the OP did this with "iffy" set up's Post#495...... I choose my trades carefully making sure they meet the entry rules spot on... and pass on the iffy ones and go hunt other charts. When a TDI setup does not meet the rules completely, don't find reason to place a trade by loading...

hey Tekkies


One of my many templates is this:

TMS Monitor Dec 02 Frankfurt Open

AUDJPY H1 at Frankfurt Open shows a bounce 1 to 4 and all conditions met.

a bounce is when prev slope 1 and curr slope 4, and the HA candle close above 5EMA
and all HA W1 D1 and H4 are all Green.

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Dec 02 FO 2-12-2020 3-08-40 pm.png Size: 26 KB

see also post
# 112,082

https://www.forexfactory.com/thread/...2#post13291782
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,086
  • Dec 2, 2020 1:18am Dec 2, 2020 1:18am
Quoting emmanuel7788
{quote} AUDJPY Dec 02 M15 Tokyo 11:30AM - PA with RSI green price line 'checkmark' - a checkmark has -ve Prev Slope and +ve Curr Slope - buy @BRN 77.00ish ... SL 76.50ish {image}
Dear EM ,

I am beginner in forex following this tread for long time but left due to some personal reasons.
i have few questions .

  1. where to learn about Price Action.
  2. what does mean by Current HA, Current Slope ,Previous Slope in Watchdog Window.
  3. your Almost Every chart have APB HA mentioned in Yellow what is that.
  4. Where i can put BRN levels and how to read them.

Sorry for my silly questions , i was shy to ask as all in this thread are experienced .

thanks for your valuable reply .

  • #112,087
  • Dec 2, 2020 1:33am Dec 2, 2020 1:33am
Quoting Tekkies
Post 112,078 The OP had at one time 19 different templates and he would 'consult' different templates, different timeframes, ... when he see a TDI setup that is 'iffy' to him. Nice to know that the OP did this with "iffy" set up's Post#495...... I choose my trades carefully making sure they meet the entry rules spot on... and pass on the iffy ones and go hunt other charts. When a TDI setup does not meet the rules completely, don't find reason to place a trade by loading...

hey Tekkies

Now another of my template ... TMS_V19 H4

the current H4 still active and has another 2 hours 32 minutes 21 seconds remaining ... note the TDI has not updated yet because it has to wait till this H4 candle closes then it will update. Big E's secret TDI Post#25 works this way.

Study the price action on the price chart and you will learn why the last candle slope is red 0.2

Now we shall wait and see what happens when this current H4 candle close and study the slope value.


Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY Dec 02 H4 023221 left 2-12-2020 3-27-51 pm.png Size: 77 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,088
  • Dec 2, 2020 1:45am Dec 2, 2020 1:45am
Quoting Tekkies
Post 112,078 The OP had at one time 19 different templates and he would 'consult' different templates, different timeframes, ... when he see a TDI setup that is 'iffy' to him. Nice to know that the OP did this with "iffy" set up's Post#495...... I choose my trades carefully making sure they meet the entry rules spot on... and pass on the iffy ones and go hunt other charts. When a TDI setup does not meet the rules completely, don't find reason to place a trade by loading...

hey Tekkies

Yet another of my templates is this one with THV CaveManager running.

When this current M15 bar/candle closes, I will check the RSI green price line slope and decide if I want to shoot this moving target or I wait till LO.

that cur slope 3.2 does not meet my standard... but the active price action is looking very nice for itchy fingers.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Dec 02 M15 FO 2-12-2020 3-41-41 pm.png Size: 48 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,089
  • Dec 2, 2020 1:48am Dec 2, 2020 1:48am
Quoting emmanuel7788
{quote} you do not have a system until you have the mental strategies developed for that system that will enable your to trade that system in the markets. one of the top most important chapter in your handbook "Blueprint for Trading Success" is what you have written on Personal Psychology. You are going through a phase ... self-sabotage ... and you must soon get out of this phase.
How can I overcome self sabotage.
MA provides the market's current direction and strength.
  • #112,090
  • Dec 2, 2020 1:50am Dec 2, 2020 1:50am
Quoting emmanuel7788
{quote} hey Tekkies Yet another of my templates is this one with THV CaveManager running. When this current M15 bar/candle closes, I will check the RSI green price line slope and decide if I want to shoot this moving target or I wait till LO. that cur slope 3.2 does not meet my standard... but the active price action is looking very nice for itchy fingers. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Dec 02 M15 FO 2-12-2020 3-41-41 pm.png Size: 48 KB


Nice bounce 5.8 and Slope 9.0 to confirm the price action above .....

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Dec 02 FO bounce 5.8 slope 9.3 2-12-2020 3-47-18 pm.png Size: 54 KB


trade like a sniper
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,091
  • Dec 2, 2020 1:56am Dec 2, 2020 1:56am
Quoting Tekkies
Post 112,078 The OP had at one time 19 different templates and he would 'consult' different templates, different timeframes, ... when he see a TDI setup that is 'iffy' to him. Nice to know that the OP did this with "iffy" set up's Post#495...... I choose my trades carefully making sure they meet the entry rules spot on... and pass on the iffy ones and go hunt other charts. When a TDI setup does not meet the rules completely, don't find reason to place a trade by loading...

hey Tekkies

same template, but this time I have my H1 candle turn on.... TOK_5H

I can see the current FO price action breaks the Tokyo_5H high. This is one of several trade setup which Big E did not teach us.

Now the sniper wait for the target to stop moving and pull the trigger.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Dec 02 M15 H1 candle FO 2-12-2020 3-52-56 pm.png Size: 50 KB


Attached Image
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,092
  • Dec 2, 2020 2:06am Dec 2, 2020 2:06am
no good news with Brexit talks .... careful!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,093
  • Dec 2, 2020 2:07am Dec 2, 2020 2:07am
Quoting emmanuel7788
{quote} hey Tekkies same template, but this time I have my H1 candle turn on.... TOK_5H I can see the current FO price action breaks the Tokyo_5H high. This is one of several trade setup which Big E did not teach us. Now the sniper wait for the target to stop moving and pull the trigger. {image} {image}
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Dec 02 M15 H1 candle FO 2-12-2020 3-52-56 pm.png Size: 50 KB


Now we just witnessed what happened when FO candle closed.

You can see for yourself. One m15 candle make a lot of difference .

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Dec 02 M5 FO closed 2-12-2020 4-00-08 pm.png Size: 58 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,094
  • Dec 2, 2020 2:10am Dec 2, 2020 2:10am
Quoting hasib
{quote} How can I overcome self sabotage.
By follow the rules you have made yourself.
You do have a set of rules to trade by or do you just enter trades because you feel so?
  • #112,095
  • Dec 2, 2020 2:23am Dec 2, 2020 2:23am
Quoting hasib
{quote} How can I overcome self sabotage.
Quoting Tekkies
{quote} By follow the rules you have made yourself. You do have a set of rules to trade by or do you just enter trades because you feel so?

Tekkies

You have no clue what self-sabotage is .

Stop talking like an expert when you are still the same newbie you started in 2016.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,096
  • Dec 2, 2020 3:21am Dec 2, 2020 3:21am
Quoting emmanuel7788
{quote} {quote} Tekkies You have no clue what self-sabotage is . Stop talking like an expert when you are still the same newbie you started in 2016.
What is your advise.
MA provides the market's current direction and strength.
  • #112,097
  • Dec 2, 2020 3:38am Dec 2, 2020 3:38am
Quoting hasib
{quote} What is your advise.
Would be nice to know Hasib.
  • #112,098
  • Dec 2, 2020 3:41am Dec 2, 2020 3:41am
Quoting hasib
{quote} What is your advise.

be patient ...

You read a lot of what Tekkies' bullshit in this thread that only read Bog E posts and Big E advice etc. etc.

and

now

Quoting Tekkies
{quote} Would be nice to know Hasib.
he say "would be nice to know".

what is nice may not be good.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,099
  • Dec 2, 2020 3:43am Dec 2, 2020 3:43am
EURGBP Dec 02 H4

- waiting for the 5AM EST candle ( also Big E 2AM PDT candle)

- will it tweek from 1.4 to ??.??

- will it be a 'checkmark'?


Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP Dec 02 H4 4.39AM EST2-12-2020 5-38-00 pm.png Size: 82 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,100
  • Dec 2, 2020 3:56am Dec 2, 2020 3:56am
Quoting emmanuel7788
EURGBP Dec 02 H4 - waiting for the 5AM EST candle ( also Big E 2AM PDT candle) - will it tweek from 1.4 to ??.?? - will it be a 'checkmark'? {image}

with just 5 mins to close, I can start adjust my scope and know the estimated slope ... will be +2.5ish and th bounce +2.2ish

thanks goes to plamendp for showing how you did your TMSTDIWatchDog


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