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Trading Made Simple

  • #114,681
  • Jan 6, 2021 3:53pm Jan 6, 2021 3:53pm
As you know, I am a reall newbie, so please comment.

PREPARATION FOR TOMMOROW

EUR/USD – long term
WEEK – broke last week high. In the are of congestion from year 2018 , price could stall. So far strong uptrend.
DAY – broke and closed above strong resistence 1.23100, which now became support.

TMS 2/8W – buy
TDiC1 D1 - buy
EMA 200 - buy
Candle - Nr. 3, green, safe to trade
MC - nope, safe to trade
Preferential trade - BUY on 4H

EUR/USD – short term
Resistance 1.23500
Uptrend line
TMS2/8D buy
TDiC1 H4 sell
EMA 200 buy
MC4H nope, safe to trade 4H (no IB)
MC4H/1H nope, safe to trade 1H (no 1H IB within 4H candle)
Preferential trade - BUY 1H/15M

Options to trade
a) Buy pullbacks
b) Sell bounce from 1.23500 (Countertrend))
c) Sell pullbacks if uptrendline broken
  • #114,682
  • Jan 6, 2021 4:24pm Jan 6, 2021 4:24pm
Quoting pafka
As you know, I am a reall newbie, so please comment. PREPARATION FOR TOMMOROW EUR/USD – long term WEEK – broke last week high. In the are of congestion from year 2018 , price could stall. So far strong uptrend. DAY – broke and closed above strong resistence 1.23100, which now became support. TMS 2/8W – buy TDiC1 D1 - buy EMA 200 - buy Candle - Nr. 3, green, safe to trade MC - nope, safe to trade Preferential trade - BUY on 4H EUR/USD – short term Resistance 1.23500 Uptrend line TMS2/8D buy TDiC1 H4 sell EMA 200 buy MC4H nope, safe to trade 4H (no...
You done all that preparation, price does not do what your preparation indicate.
Did the preparation benefit you?
----
You done all that preparation, price does what your preparation indicate.
Fine, the preparation benefit you.
----
You done all that preparation, price does what your preparation indicate and at the start of the day, five houers later price revise trend past your entry's.
Did the preparation benefit you?
----
There are more things price can do to your preparation which may or may not benefit you. In this thread BigE has never posted about preparation.
(He did refer members to babypips to learn basic Forex stuff)
He used a alarm to call him to the computer and made trade decisions based on what he observer on the chart at that timeframe / time he chose to trade on.

What you have done is not a trading plan, neither any value as to preparation. Reading that post is like watching Youtube / news commentary gurus what price might do tomorrow.
You want to prepare do something like this:https://www.investopedia.com/article.../04/042104.asp
  • #114,683
  • Jan 6, 2021 4:49pm Jan 6, 2021 4:49pm
Quoting Tekkies
{quote} After 9 years you still got TDI and Stoch on your chart's. Looks like contradictions are the key to your happens. {image} {quote} TE to verify that Photoshop Trade Report.
hello GilR

@Tekkies

Wrong AGAIN!

I have one Stoch and 5 TDIs ... why 5 TDIs?
Attached Image (click to enlarge)
Click to Enlarge Name: EU M15 5 TDIs compare 7-1-2021 6-46-57 am.png Size: 69 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #114,684
  • Jan 6, 2021 4:52pm Jan 6, 2021 4:52pm
Quoting Tekkies
{quote} You done all that preparation, price does not do what your preparation indicate. Did the preparation benefit you? ---- You done all that preparation, price does what your preparation indicate. Fine, the preparation benefit you. ---- You done all that preparation, price does what your preparation indicate and at the start of the day, five houers later price revise trend past your entry's. Did the preparation benefit you? ---- There are more things price can do to your preparation which may or may not benefit you. In this thread BigE has never...
@Tekkies, dear, you are worse than disgusting. A new trader is thinking about their trading experience and asking for advice and you respond like that? You, madam, don't prepare because you are incapable of that intellectual task. But to advise a new trader not to think ahead?

Madam -- you deceive readers by pretending to be a man and you expect them to take your trading advice seriously? Not only have you been a distraction, you are now a poison.
  • #114,685
  • Jan 6, 2021 4:52pm Jan 6, 2021 4:52pm
Quoting Tekkies
{quote} After 9 years you still got TDI and Stoch on your chart's. Looks like contradictions are the key to your happens. {image} {quote} TE to verify that Photoshop Trade Report.

hello GilR

@Tekkies

TE to verify your photoshop edited Monthly trades, please.
Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies #114,592 6-1-2021 2-11-12 pm.png Size: 170 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #114,686
  • Jan 6, 2021 5:03pm Jan 6, 2021 5:03pm
Quoting Tekkies
{quote} ///// In this thread BigE has never posted about preparation. (He did refer members to babypips to learn basic Forex stuff) He used a alarm to call him to the computer and made trade decisions based on what he observer on the chart at that timeframe / time he chose to trade on. What you have done is not a trading plan, neither any value as to preparation. Reading that post is like watching Youtube / news commentary gurus what price might do tomorrow. You want to prepare do something like this:https://www.investopedia.com/article.../04/042104.asp...
hello GilR

@Tekkies

In this thread BigE has never posted about preparation.

Tekkies should remember ...in this thread and also in FF, Big E also never posted using these four letters "MACD".
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #114,687
  • Edited 7:56pm Jan 6, 2021 5:03pm | Edited 7:56pm
Quoting Tekkies
{quote} You done all that preparation, price does not do what your preparation indicate. Did the preparation benefit you? ---- You done all that preparation, price does what your preparation indicate. Fine, the preparation benefit you. ---- You done all that preparation, price does what your preparation indicate and at the start of the day, five houers later price revise trend past your entry's. Did the preparation benefit you? ---- There are more things price can do to your preparation which may or may not benefit you. In this thread BigE has never...
Madam -- yours and @DrDick's deceit knows no bounds. His use of fake aliases and your pretending to be a man should disqualify you from giving advice. With the exception of young @PixelSniper and groupie @Mosiskv, everyone else seems to be on to you two. At one time there was also @ivan9578 -- poor ivan. So there were 5. But now that we know @ivan9578 was one of @DrDick's fake aliases, then it's now back down to 4.
  • #114,688
  • Jan 6, 2021 5:18pm Jan 6, 2021 5:18pm
Quoting Tekkies
{quote} After 9 years you still got TDI and Stoch on your chart's. Looks like contradictions are the key to your happens. {image} {quote} TE to verify that Photoshop Trade Report.
hello GilR

@Tekkies

You ask for TE AGAIN!

I'm like Big E ...retired ... enjoys financial freedom ... and every month I go the the world's largest glorifed online casino.

#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. You hope to win but don't often... Your taking money for entertainment and relaxation... So I don't give it a second thought... It's entertainment money as I said... Besides It always grows larger..."

Brexit has many opportunities and I look for events - both usual events and unusual events.

Do you want TE for this too?

a 2R win gambling with 1R

Attached Image (click to enlarge)
Click to Enlarge Name: IG Markets USD10,000 7-1-2021 2-32-08 am.png Size: 56 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #114,689
  • Jan 6, 2021 5:40pm Jan 6, 2021 5:40pm
Quoting Tekkies
{quote} You done all that preparation, price does not do what your preparation indicate. Did the preparation benefit you? ---- You done all that preparation, price does what your preparation indicate. Fine, the preparation benefit you. ---- You done all that preparation, price does what your preparation indicate and at the start of the day, five houers later price revise trend past your entry's. Did the preparation benefit you? ---- There are more things price can do to your preparation which may or may not benefit you. In this thread BigE has never...
Thank you for your response.
What I was trying to share with you and the others was not a trading plan. This is something I am working on. On the base of backtesting, forward testing, asking for help from the other, generous people here. That was just my general evaluation of the present situation from my point of view with some ideas. According the article from investopedia, that you reccomend me, part of point nr 5.
I can assure you, that I have a lot of experience from my real job, where you have to always at least try to "predict" what COULD happen. And be ready. Have a plan a, b, c. It might save your life. May be it is a bad habbit for trading, I dont now yet.
Of course, I know that I have no power to control the market, which is changing every tick. Of course I will update those "ideas" according the current situation.
What I really think about your post? I am reading this TMS thread from the beginning and I know there is a kind of war here.
You dont like the way which Emmanuel trade. And I decided to follow his trading style. But his trading is absolutely not in a contrary with the founder of this metod. Emmanuel is helping people since 2013 with this method, so I believe he has a lot of experience.
I don't want to be a part of this fight, I want to concentrate on the main topic here. Which is learn how to trade TMS.
Good night.
  • #114,690
  • Edited 6:19pm Jan 6, 2021 6:08pm | Edited 6:19pm
Quoting pafka
As you know, I am a reall newbie, so please comment. PREPARATION FOR TOMMOROW EUR/USD – long term WEEK – broke last week high. In the are of congestion from year 2018 , price could stall. So far strong uptrend. DAY – broke and closed above strong resistence 1.23100, which now became support. TMS 2/8W – buy TDiC1 D1 - buy EMA 200 - buy Candle - Nr. 3, green, safe to trade MC - nope, safe to trade Preferential trade - BUY on 4H EUR/USD – short term Resistance 1.23500 Uptrend line TMS2/8D buy TDiC1 H4 sell EMA 200 buy MC4H nope, safe to trade 4H (no...
Making preparations for all things in life is important. Being prepared will help us to remain calm and to be able to tackle every eventuality that get in the way.
Trading the markets is the same. We make preparations the way we want and using own experiences over the years of trading in all different market types conditions. This is one of the work of the trader to develop his/her mental strategies to deal with trading psychology and how to manage mentally when he/she is trading.

A trade plan is an output of the preparations work. This is in the traders' Blueprint for Trading Success.

In your trade plan, for day trading you also need to consider the hourly events you know on the economic calendar and be prepare with a Plan A and Plan B.
This is different if you are a swing trader and hold positions over days and weeks.

Trading EURUSD H1 during the European/London sessions, I keep very watch on GBPUSD and ERUGBP hourly correlation. I know Big E watch his three amigos AU, EU and GU closely to see when they move together.

Using TMS_V19 and learning from TMS traders and doing the live testing along with them in 2012, some of the preparation information is already available to us. Including the trade lot size using Money Management. The ATR information is shown and I know the initial Stop Loss ( the risk 'R') and the Position Sizing become simple.

Now that we are prepared, trading today is to follow our trading tasks. We know what is Post#647 as of now and we follow up easily.


Attached Image (click to enlarge)
Click to Enlarge Name: EU Jan 07 H4 pipware 7-1-2021 8-06-41 am.png Size: 57 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #114,691
  • Jan 6, 2021 6:22pm Jan 6, 2021 6:22pm
Quoting emmanuel7788
{quote} Today' first trade when Tokyo open. Looked at AU, AJ and UJ only. Pick the best one. Its a M30 trade entry with M15 TIMING... 2nd M15 closed the M30. same trade management using THV CM. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: UJ Jan 06 Tokyo open M30 6-1-2021 8-30-49 am.png Size: 36 KB

UJ loss trade

- (-17pips)
- what did you learn when you are using THV CaveManager?

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Jun 06 trade closed loss 7-1-2021 8-17-22 am.png Size: 46 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #114,692
  • Jan 6, 2021 6:32pm Jan 6, 2021 6:32pm
Quoting emmanuel7788
{quote} {image} UJ loss trade - (-17pips) - what did you learn when you are using THV CaveManager? {image}

USDJPY 2021 Jan 07 outlook

- Weekly Trend 2/8 is Bearish

- TMS medium term (4H) to long term (Daily/Weekly) swing traders will look to more selling

- Blessing3 traders will set FMC=1 ... sell only.

- do you know when to cut loss and using Trend 2/8?

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Jan 07 Week 01 bearish 7-1-2021 8-28-01 am.png Size: 94 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #114,693
  • Jan 6, 2021 6:40pm Jan 6, 2021 6:40pm
USDJPY Jan 07 Tokyo 0930am

- example of a M15/M30 setup
- but you see some risk with Day Open and recent PPA
- a lot can happen at BRN 103.00

Attached Image (click to enlarge)
Click to Enlarge Name: UJ Kan 07 Tokyo 0935am 7-1-2021 8-37-28 am.png Size: 36 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #114,694
  • Jan 6, 2021 7:01pm Jan 6, 2021 7:01pm
Quoting emmanuel7788
LOL... What is there to bridge? have your forgotten the king? listen to the king, https://youtu.be/mLbOBoa8vD8
Simon and Garfunkel was much better!
If you are good at something, never do it for free--Joker
  • #114,695
  • Jan 6, 2021 7:19pm Jan 6, 2021 7:19pm
Quoting jmn5611
{quote} Simon and Garfunkel was much better!

Yes. Many time better. They are the original and nothing can change that.

Elvis was the king to many and he died died.

TDI to some is king and also has died too. How do we know this?

Inserted Video
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #114,696
  • Jan 6, 2021 8:46pm Jan 6, 2021 8:46pm
Quoting DrDave
{quote} why you use her with Tekkies. As far as I know, Tekkies is a man hasib, you already identified the reason: In order to denigrate, ridicule, disparage, disrespect Tekkies with the intention of lowering Tekkies standing in the eyes of others, which would then result in emmanuel's standing appearing to increase..
"In order to denigrate, ridicule, disparage, disrespect Tekkies with the intention of lowering Tekkies standing in the eyes of others"

Hey @DrDick -- didn't mean to offend you or @Tekkies by referring to her as "her". I hadn't realized that "her" is now considered denigrating, ridiculing, disparaging or disrespecting language when referring to a woman. Actually, I think all that disparaging occurs in your head and is your problem. Besides -- after calling @emmanuel7788 and me Nazis, and @Tekkies calling me the next Hitler, then I assumed you two had signaled we could set aside any pretense of civility. All things considered, I think rmy reference to a female as "her" doesn't quite rise to the level of your Nazi name-calling. Of course, that is just my opinion -- you are free to disagree.
  • #114,697
  • Jan 7, 2021 12:24am Jan 7, 2021 12:24am
Quoting pafka
{quote} Thank you for your response. What I was trying to share with you and the others was not a trading plan. This is something I am working on. On the base of backtesting, forward testing, asking for help from the other, generous people here. That was just my general evaluation of the present situation from my point of view with some ideas. According the article from investopedia, that you reccomend me, part of point nr 5. I can assure you, that I have a lot of experience from my real job, where you have to always at least try to "predict" what...
"Which is learn how to trade TMS"
You follow what BigE has posted in this thread, not Emmanuel, not Tekkies, or any other member.

There is nothing wrong with what you have done Pafka, rather follow TDI, set cellphone to ring at 5 minutes before the start of the new bar and do your preparation in that five minutes based on fresh up-to-date information.
There is only two indicator to check. TDI/Stoch.
First "preparation"
- Is there a TDI setup -- Green cross red, -- Angle of TDI green.
- Does Stoch confirm the direction.
You don't have that there is not need for the second "preparation". That is that, walk away, look at the other pairs you trade.
Second "preparation"
Is to apply the rest of post#647 as well as what you have done in your previous post.
Post#647 is not complete either.
Add support / resistance, TDI level (read TDI cross.pdf), get conformation about direction from other timeframes.
(You do have such a check list?)

Enjoy your trading Pafka, it is fun and when you do it right very rewarding.
When the "fun" is no more in your trading, red warning lights should start to flash. Take step back and ask yourself why you don't enjoy your trading.
> Lot size to big, to many trade's open, to many pairs to check............. add your own

Cheers.
  • #114,698
  • Edited 5:28am Jan 7, 2021 2:24am | Edited 5:28am
I know there are plenty of haters that can't figure out the value of many of the "missing" TF in the defult MT4 package. But here is a little reminder.


GBPUSD
See H4 starting down now? Why isn't that up swing going to new highs???

Maybe because, until evidence to the contrary comes to light, the upswing is a mere RALLY to the H16 that went down, so now the H4 is beginning a down CONTINUATION?

And H4 now???
Attached Image


And no EAs, no mother bars, no mother TF, no loads of nonsense added.
To free Gazans of Hamas, use whatever it takes.
  • #114,699
  • Jan 7, 2021 2:28am Jan 7, 2021 2:28am
Experts say Learn to lose before learn to trade the market. I agree with them.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.png Size: 42 KB
MA provides the market's current direction and strength.
  • #114,700
  • Jan 7, 2021 2:48am Jan 7, 2021 2:48am
Quoting hasib
Experts say Learn to lose before learn to trade the market. I agree with them. {image}
You are also showing that you do not pay much attention to:
- MAStep indicator > Placed a buy trade after 3 red bars.
- MACD > Blue below Red.
- Trend line > Angle is going down.
Why are those indicators/trend line on your chart?
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