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Trading Made Simple

  • #113,681
  • Dec 22, 2020 8:54am Dec 22, 2020 8:54am
Quoting PixelSniper
{quote} Lol I closed it with 7 pips bagged. Upper BB hit I'm trying to revise and improvise... before starting to trade constantly, I want to have some real rules and a backtest done completly, not just couple of months etc. But I pick like 1-2 trades atm.
My initial entries & the setup is good, I feel it when I trade but, I always want to do continuation trades when I'm right, trying to figure that one out still.
  • #113,682
  • Dec 22, 2020 8:54am Dec 22, 2020 8:54am
Quoting kirinda
{quote} It's a lot of "experts" here at FF. They think they know everything and everybody else is idiots. They are easy to spot and I doesn't take their advice too serious. I have meet some smart peoples in my life and they are all humble and reflected.
True good and profitable traders are Humble,
some people here in ff don't understand Taking one good trade is nothing. Taking a good trader and Managing bad trading over a years, Getting consistency is what we need to take it as a career.
MA provides the market's current direction and strength.
  • #113,683
  • Dec 22, 2020 8:55am Dec 22, 2020 8:55am
Quoting PixelSniper
{quote} Yes and no, the no part is : internet arguments can be a lot of fun.
Yes, it's funny a couple of times. But when is the same again and again it gets a little boring.
  • #113,684
  • Dec 22, 2020 8:57am Dec 22, 2020 8:57am
Quoting PixelSniper
{quote} Tbh I'm really surprised that the heat is never over. I'd get bored after couple of times trying, but you know how headstrong are those goats IRL. :-) I mean It's been YEARS that this is going on. I would not last a week, and never have the mindset to get into useless polemics really, quite boring & does not get anywhere since the person you are interacting with would never agree with you, It's like the politics.
It's a fun time-filler to read the absurd logic and ideas that some people have. And seeing that this thread has not been focused on BigE's 5-method for a LONG, LONG TIME, it's a great dumping ground to find daily laughs and jocularity.

Oh, and it also gives some great examples to use for discussions of some absolutely absurd trade decisions based on the logic that was presented, and how IMT would be used to do something that would be much more likely to end positively.
To free Gazans of Hamas, use whatever it takes.
  • #113,685
  • Dec 22, 2020 9:01am Dec 22, 2020 9:01am
This is all just up and down game, everybody wanna go up and down... what we must be careful is not to oppose the right up or down movement. Really, I can't think of anything else about Forex atm, It's not like the stock market, It's not like the Bitcoin.
Everday I see the same pattern, both sides make money... almost..
  • #113,686
  • Dec 22, 2020 9:04am Dec 22, 2020 9:04am
Quoting Tekkies
{quote} Give some credit Kirinda. Tekkies's TE have removed some narcisties posts concerning "demo account", "cherry pick trades" Now it has opened Pandora's Box to lot size, worst trade, best trade % and what ever comes to mind. Cheez's you can't post in peace. --- Did you and Sniper closed them buy order's on EURUSD? EURUSD H1 TDI Sell setup in eleven minutes is looking good for a few solid pips.
I go out with BE. Why didn't I take a few pips in profit do you maybe think? It's because in my trading plan my profit must be at least 3 times my risk. If I not reach it I will go out at BE or SL. Move to BE usually after risk:reward=1:1.
  • #113,687
  • Dec 22, 2020 9:05am Dec 22, 2020 9:05am
Quoting DrDave
{quote} It's a fun time-filler to read the absurd logic and ideas that some people have. And seeing that this thread has not been focused on BigE's 5-method for a LONG, LONG TIME, it's a great dumping ground to find daily laughs and jocularity. Oh, and it also gives some great examples to use for discussions of some absolutely absurd trade decisions based on the logic that was presented, and how IMT would be used to do something that would be much more likely to end positively.
Both IMT & TDI strats look good to me.
But really, I don't hunger for money, I'm not gonna use some system that does not belong to me, I wanna have fun doing this.
But still, there is a pattern good traders follow and they enhance similar approaches. So It is good to know them.
  • #113,688
  • Dec 22, 2020 9:10am Dec 22, 2020 9:10am
Quoting hasib
{quote} He is the man who thinks fractals repaint, he is the man who thinks a 65% win rate is a beginner win rate. I don't have any ideas about how he trades forex real account. I am currently dreaming of getting a 65% win rate consistently. I know a few people how to have a 45 to 50 % win rate their managing large fund. sorry to say this person comes here to learn but before learning they become experts. He may not like my comment but I have observed his post I think he has a serious wrong concept about the market.
He may not like my comment
No worries, Hasib. All opinions are welcome. I occasionally find something that is actually interesting and worth considering.

he is the man who thinks a 65% win rate is a beginner win rate
BigE is the man that stated that 65% is the beginner's success rate for those studying his 5-method of this thread. Whether or not I think that it is a beginner's rate is really irrelevant.

He is the man who thinks fractals repaint,
And yes, fractals as they are typically coded, do, indeed, repaint.

I have observed his post I think he has a serious wrong concept about the market.
Go here and see how a "serious wrong concept about the market" will trip you up. You only need to read about the first 20 posts and see for yourself how a "serious wrong concept about the market" enables preparing hours and even a day in advance for the most likely TFs to look for successful entries.

Or maybe this kind of result is a better example for you.
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To free Gazans of Hamas, use whatever it takes.
  • #113,689
  • Dec 22, 2020 9:13am Dec 22, 2020 9:13am
Quoting kirinda
{quote} I go out with BE. Why didn't I take a few pips in profit do you maybe think? It's because in my trading plan my profit must be at least 3 times my risk. If I not reach it I will go out at BE or SL. Move to BE usually after risk:reward=1:1.
That BE Kirinda, is a real $%$#$##$.
When to use or not to use is always a problem.
How many times has Price moved just just wrong enough to tap BE or that SL, only to go back into profit.
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  • #113,690
  • Edited 10:35am Dec 22, 2020 9:15am | Edited 10:35am
Quoting Tekkies
{quote} Give some credit Kirinda. Tekkies's TE have removed some narcisties posts concerning "demo account", "cherry pick trades" Now it has opened Pandora's Box to lot size, worst trade, best trade % and what ever comes to mind. Cheez's you can't post in peace. --- Did you and Sniper closed them buy order's on EURUSD? EURUSD H1 TDI Sell setup in eleven minutes is looking good for a few solid pips.
EURUSD H1 TDI Sell setup in eleven minutes is looking good for a few solid pips.
Did I tell you an hour ago to hold on because the bias is still down?

But BE CAREFUL, because my "serious wrong concept about the market" may lead to your demise.
To free Gazans of Hamas, use whatever it takes.
  • #113,691
  • Dec 22, 2020 9:20am Dec 22, 2020 9:20am
Quoting DrDave
{quote} EURUSD H1 TDI Sell setup in eleven minutes is looking good for a few solid pips. Did I tell you an hour ago to hold on because the
bias is still down? But BE CAREFUL, because my "serious wrong concept about the market" may lead to your demise.
DrDave I noticed that your charts and assumptions are only related with EURUSD, but on your IMT thread you introduced couple of other pairs too. Do you only trade EURUSD at the moment? If so why?
I plan on only EURUSD, but willing to add like maybe 1 or 2 more to my watchlist.
And also, I don't really think Tekkies care that much about the really high TF's or the trend, he is scalping through 1H/15M I believe.Scalpers are just...crazy
  • #113,692
  • Dec 22, 2020 9:23am Dec 22, 2020 9:23am
Quoting DrDave
{quote} He may not like my comment No worries, Hasib. All opinions are welcome. I occasionally find something that is actually interesting and worth considering. he is the man who thinks a 65% win rate is a beginner win rate BigE is the man that stated that 65% is the beginner's success rate for those studying his 5-method of this thread. Whether or not I think that it is a beginner's rate is really irrelevant. He is the man who thinks fractals repaint, And yes, fractals as they are typically coded, do, indeed, repaint. I have observed his post...
I have read your thread too. Because I want to learn more and become a better person than yesterday.

If you know what is Fractals you did not say this.
a coder can say fractals can repaint but a trader can't see this because the trader knows what is it.
I know what is fractals so I know fractals can't repaint.

Learn more read more and watch videos. you will overcome those conceptual problems.
MA provides the market's current direction and strength.
  • #113,693
  • Dec 22, 2020 9:35am Dec 22, 2020 9:35am
Quoting hasib
{quote} I have read your thread too. Because I want to learn more and become a better person than yesterday. If you know what is Fractals you did not say this. a coder can say fractals can repaint but a trader can't see this because the trader knows what is it. I know what is fractals so I know fractals can't repaint. Learn more read more and watch videos. you will overcome those conceptual problems.
Hasib, what is your understanding of the woord "repaint".
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  • #113,694
  • Edited 10:20am Dec 22, 2020 9:51am | Edited 10:20am
Quoting hasib
{quote} I see some group of people who want EMM to stop posting in ff. But I think EMM has contributed so much to FF. If they read EMM post they will like this man. but I am afraid they don't read EMM posts at all. Especially old post. Become of EMM and other good people contributions they find this Thread there are lots good thread in FF they don't post here and they don't even know those threads exist. yet they don't like this man. EMM doesn't have to teach new think he has learned and he makes money from forex so if he wants he can stop posting...
I see some group of people who want EMM to stop posting in ff
Could you give a link to a posting from someone that said they want the ToxicFakeTrader to stop posting in FF? I whole heartedly agree with the people that want him to stop posting OFF TOPIC material, such as about EAs and otherthings that BigE SPECIFICALLY said do not add and do not discuss in his TMS thread!!

He can very simply OPEN HIS OWN THREAD and discuss whatever he chooses there.

See this image? That is from HIS POST of April 17, 2014.
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He was so ready to keep this thread "purely" and "to share and discuss TMS 5-Method trading only". "All [off-topic] discussions please go to that thread". So why all of the crying and moaning when he is called out for violating the very thing that HE said to do???

If they read EMM post they will like this man
You CAN'T be serious!!!
Let me give you the link to just ONE mild example from this year of what the guy is REALLY like. The thread is LOADED with FAR WORSE toxicity from him.
#100,647 February 29, 2020
"Your stupidity is staggering that one reading your posts everyday cannot even comprehend."

he makes money from forex
You don't have any evidence of that. You have some talk about it, but anyone can spin great stories, and narcissists are especially good at spinning stories that appeal to their victims.
Here is more accurate information.
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If you can't respect others you will not get respect.
HERE HERE! SO it's OBVIOUS to you then why so many readers have ZERO respect for the ToxicFakeTrader!
To free Gazans of Hamas, use whatever it takes.
  • #113,695
  • Dec 22, 2020 9:53am Dec 22, 2020 9:53am
Quoting hasib
{quote} True good and profitable traders are Humble, some people here in ff don't understand Taking one good trade is nothing. Taking a good trader and Managing bad trading over a years, Getting consistency is what we need to take it as a career.
profitable traders are Humble
Well, looks like you just shot down the ToxicFakeTrader with that remark! Nice that you finally see the light.
To free Gazans of Hamas, use whatever it takes.
  • #113,696
  • Dec 22, 2020 10:02am Dec 22, 2020 10:02am
Quoting DrDave
{quote} EURUSD H1 TDI Sell setup in eleven minutes is looking good for a few solid pips. Did I tell you an hour ago to hold on because the bias is still down? But BE CAREFUL, because my "serious wrong concept about the market" may lead to your demise.
Extremely bad advice.
How could you be so mean?
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  • #113,697
  • Dec 22, 2020 10:03am Dec 22, 2020 10:03am
Quoting Tekkies
{quote} That BE Kirinda, is a real $%$#$##$. When to use or not to use is always a problem. How many times has Price moved just just wrong enough to tap BE or that SL, only to go back into profit. {image}
I have stopped to think by trade to trade basis. It's a psychological trick. So I doesn't get upset about losing trades or break even.
One thing that make me upset is if I doesn't follow my trading plan 100%. For example today the price hit my SL at BE. I did see the price turn downward so I could taken a few pips but then I would have broken my trading plan. I would have feel bad even I got some pips.
  • #113,698
  • Dec 22, 2020 10:08am Dec 22, 2020 10:08am
Quoting PixelSniper
{quote} DrDave I noticed that your charts and assumptions are only related with EURUSD, but on your IMT thread you introduced couple of other pairs too. Do you only trade EURUSD at the moment? If so why? I plan on only EURUSD, but willing to add like maybe 1 or 2 more to my watchlist. And also, I don't really think Tekkies care that much about the really high TF's or the trend, he is scalping through 1H/15M I believe.Scalpers are just...crazy
I have focused on EURUSD lately simply because it is what Tekkies is trading, and Tekkies TE is the center of attention these days.

I trade mostly GBPUSD and EURUSD, but also some other major pairs. If you put EURUSD and GBPUSD charts side-by-side, you can see some interesting deviations in price movements that are easy to capitalize on with IMT. I prefer pairs that have currencies with the largest average daily trade volumes.

In the IMT thread, you see a variety of pairs that I analyzed. Many of those I never trade; I posted those analyses because some people that I deal with asked for them.

Although I agree with W. D. Gann's assessment that every market/instrument is unique and has its own "rhythm", so should be studied in order to benefit from knowledge of this rhythm, IMT is sufficiently generic that it can be used to analyze with positive results instruments that you have little experience with.

And you are correct: Tekkies is focused strictly on M15/H1 TFs. When I have chatted with him about other TFs, he makes it clear that it is sometimes interesting to hear what the BIG direction is and what is most likely coming up soon, but he then watches for those V-line signals to direct him to his entry criteria check for entering or not.
To free Gazans of Hamas, use whatever it takes.
  • #113,699
  • Dec 22, 2020 10:11am Dec 22, 2020 10:11am
Quoting hasib
{quote} I have read your thread too. Because I want to learn more and become a better person than yesterday. If you know what is Fractals you did not say this. a coder can say fractals can repaint but a trader can't see this because the trader knows what is it. I know what is fractals so I know fractals can't repaint. Learn more read more and watch videos. you will overcome those conceptual problems.
Fractal repainting is an old discussion already rehashed too many times.
To free Gazans of Hamas, use whatever it takes.
  • #113,700
  • Dec 22, 2020 10:12am Dec 22, 2020 10:12am
Quoting Tekkies
{quote} Hasib, what is your understanding of the woord "repaint". {image} {image}
Please, let's not drag up this subject again that will just result in repeat postings from both sides trying to support their position, and not end with any resolution.
To free Gazans of Hamas, use whatever it takes.
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