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Trading Made Simple

  • #115,021
  • Jan 12, 2021 2:16pm Jan 12, 2021 2:16pm
Again that 2 clowns together

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and next page again

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Observer effect
  • #115,022
  • Edited 2:40pm Jan 12, 2021 2:25pm | Edited 2:40pm
Quoting ryuryu
Again that 2 clowns together {image} and next page again {image}
@ryuryu, @ryuryu -- the invisible boy. Member for 9 months, 237 posts, 7 threads -- and the net result for all that work? 8 subscribers and an average of 3 replies per thread.

@ryuryu -- son, you still haven't gotten over your feathers being ruffled? I understand you felt embarrassed, but that was months ago. For a young fella you are way too young to hold onto embarrassments that long. You have a long life ahead of you -- at the rate you're accumulating and holding onto embarrassments you'll be in worse shape than @DrDick by the time you're 35.

@ryuryu -- son, I keep returning to this thread for the attention and love. What is your excuse?


Same two clowns again. Hmmmm -- same account????

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  • #115,023
  • Jan 12, 2021 3:07pm Jan 12, 2021 3:07pm
this thread toxic
  • #115,024
  • Jan 12, 2021 3:19pm Jan 12, 2021 3:19pm
Quoting emmanuel7788
EURUSD Jan 12 Tokyo 11am - heading south to WRB Low 1.2115 {image}
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EURUSD Week 02 Jan 11-13 review Sydney 10:00am:

there were no buy signals on Jan 11, buying at 1.2195ish and 1.2185ish and holding on to floating losses for more 2 days has caused unnecessary stress and also lock up your trading capital/margin which you can better use for other trade opportunities.

The market can be kind at times and give you a second chance, it gives you new opportunities every day but you need to know when to seize those opportunities for better trading.

Last night was a great 'bounce' back UP at a CONFLUENCE of 'support&resistance'. I was waiting to see if EU breaks the H4 Master Candle and move lower, well that did not happen.

Today, the game plan has changed. The battle line is BRN 1.2200.

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Trade Well. Trade Safe.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #115,025
  • Jan 12, 2021 3:29pm Jan 12, 2021 3:29pm
Quoting emmanuel7788
{quote} today is a good day to sell EG, buy GU and sell EU

GBPUSD Jan 13 H4 Review Sydney 10am

- a nice bullish Day
- and we are near the 'top' of the WCC and previous price action PPA.
- buying still has some room up and we want to see the bulls beat the bears for a follow through...north! ?
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #115,026
  • Jan 12, 2021 3:34pm Jan 12, 2021 3:34pm
Quoting emmanuel7788
{quote} today is a good day to sell EG, buy GU and sell EU

EURGBP Jan 13 H4 Sydney 10am review update:

- today still sell bias based on current price action
- and the break of the WCC Weekly
- near BRN 0.8900 and RN 0.8850 ... good to watch closely
- do not be too concern when you see oscillators Stoch, RSI,TDI etc. in their oversold levels, always give more weight to market sentiments over technical studies .

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #115,027
  • Jan 12, 2021 3:47pm Jan 12, 2021 3:47pm
EURJPY Jan 13 H4 Sydney 10am review:

- EJ is the laggard when I looked at UJ, AU and GJ.
- 'little heart beat' at the moment
- so we wait for the event / moment which will kick -start this pair.



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #115,028
  • Jan 12, 2021 4:35pm Jan 12, 2021 4:35pm
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...

Back to may 2011: (Post#2617) above

I am sure many people here have this same question asked by 2scoops.

But how far are you into your own trading journey?
Are you ready to 'strip' both the TDI and Stoch from your trading charts?
If not, then why not start with the last-in first-out?
Keep the original Stoch (8,3,3). The TDi was the last-in.
Keep the APB/HA candles.
Keep the 5EMA Typical Price, Shift+2... yes Shift+2 is the original when Big E started with.

Re-study Post#261 and update your own version of that Post#261 without the TDI.
Post#647 - that is simple, write your own rules using this Post as big picture and preparation to prepare your trade plan.
- how to determine market consolidation?
- how to determine support and resistance?
- how do determine market trends - short term / long term?

2021, Give yourselves the chance to be able to trade like the OP Big E and take clean trades and enjoy the "breeze"

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #115,029
  • Jan 12, 2021 4:58pm Jan 12, 2021 4:58pm
Keep It Simple:

There were no H1 sell @1.2151 and @1.2186

Follow Post#261 and simple rules!

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #115,030
  • Edited 7:17pm Jan 12, 2021 7:03pm | Edited 7:17pm
Quoting hasib
{quote} Kirinda this kind of profit factor is possible with real trading too. Let me explain how - Let's say Mr. x has a trading system it generates a 55% win rate over 5000 trades. He traded 8 pairs. so he started trading. He opens 15 trades with that system out of 15 trades he wins 14 trades because his system is in the positive expectancy zone. Although the system gives some bad trades during the period he misses most of them some of them he avoided with his understanding. so 14 trade out of 15. Mr. x started thinking he got the Holigrail, Truth...
Big E said he can do it and so can I follow his rules
Big E own words as highlighted by Emmanuel

Well, did say "beginners" in his Post#495, Apr 29,2011.

"
Starting out you should be 60-65% successful. Within 1 to two months you should be 70-80% successful.. IF... you follow the simple rules and simple exits... 3-6 months... 85% successful. Don't complicate it... keep it simple. Buy your wheel barrow..

I never knownly take a draw back of 40-50 pips even on the 4hr. I generally exit at 10-15 pips to keep my profit and I'll re-enter when it turns back. If it happens when I'M SLEEPING... SO WHAT ... I never know about it... S/L at last HH or LL. It turns out in my favor most of the time. I lose about 2 trades out of 14-16 trades. I can live with that. 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.
"
  • #115,031
  • Jan 12, 2021 11:46pm Jan 12, 2021 11:46pm
Quoting Pip-Miner
{quote} Big E said he can do it and so can I follow his rules Big E own words as highlighted by Emmanuel Well, did say "beginners" in his Post#495, Apr 29,2011. " Starting out you should be 60-65% successful. Within 1 to two months you should be 70-80% successful.. IF... you follow the simple rules and simple exits... 3-6 months... 85% successful. Don't complicate it... keep it simple. Buy your wheel barrow.. I never knownly take a draw back of 40-50 pips even on the 4hr....
Well, if you intend to emulate the ToxicFakeTrader, then again consider BigE's words: "3-6 months... 85% successful."

So how is it that according to BigE, if the ToxicFakeTrader followed his system, he should have been at 85% success in less than 1 year. Yet here we are, nearly 10 YEARS after the ToxicFakeTrader began his arduous journey with TMS, he FINALLY has achieved the BEGINNER'S 65%!!

And the ToxicFakeTrader was no newcomer to trading when he joined the TMS thread: He purportedly had about 20 YEARS of trading experience already!!

Your red lights aren't flashing? Your siren isn't wailing?
To free Gazans of Hamas, use whatever it takes.
  • #115,032
  • Jan 12, 2021 11:58pm Jan 12, 2021 11:58pm
Quoting Pip-Miner
{quote} Big E said he can do it and so can I follow his rules Big E own words as highlighted by Emmanuel Well, did say "beginners" in his Post#495, Apr 29,2011. " Starting out you should be 60-65% successful. Within 1 to two months you should be 70-80% successful.. IF... you follow the simple rules and simple exits... 3-6 months... 85% successful. Don't complicate it... keep it simple. Buy your wheel barrow.. I never knownly take a draw back of 40-50 pips even on the 4hr....

and we do not need to 85% win rate

what we need is consistently 65% and Positive Expectancy ....

grow your Expectancy from 2.0 to 3.0 to .... 5.0.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #115,033
  • Jan 13, 2021 12:03am Jan 13, 2021 12:03am
The market looks like it is being kind again today:

H1 BEEOB

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #115,034
  • Jan 13, 2021 12:03am Jan 13, 2021 12:03am
Welcome to the truth, the Last 11 trade only 4 was the winner. 7 losing trade. Let's do a little math 4/11= 0.3636.
36% win rate only. People assume it will generate an 85% win rate. it is a daydream. It can't be possible.
For your understanding, all Red lines are loss trade and green lines are profit trade.

Now people will say I miss this, I miss that. ok, you are welcome to do that but remember you can't make 36% to 85% win rate.
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MA provides the market's current direction and strength.
  • #115,035
  • Jan 13, 2021 12:04am Jan 13, 2021 12:04am
Quoting emmanuel7788
Keep It Simple: There were no H1 sell @1.2151 and @1.2186 Follow Post#261 and simple rules! {image}

The market looks like it is being kind again today:

H1 BEEOB

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Click to Enlarge Name: EU Jan 13 H1 BEEOB 13-1-2021 4-01-31 pm.jpg Size: 326 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #115,036
  • Jan 13, 2021 12:16am Jan 13, 2021 12:16am
People will say add to TDI market baseline will improve results. Let me identify where you are going wrong
1. market baseline in the TDI repaint.
2. By adding a market baseline you reduce your number of trades, see the picture now we have 9 trades within that we have 3 trade wins. it means this system now generates 33% winrate.
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MA provides the market's current direction and strength.
  • #115,037
  • Edited 1:34am Jan 13, 2021 12:21am | Edited 1:34am
Quoting emmyidk
this thread toxic
So, so, weird. Yet another guy who posts a complaint about the other guys posting complaints. They must all be related and come from the same gene pool...

Why is it that it never occurs to them to post something of value -- it's like a foreign concept. But they have no hesitation adding to the toxicity they complain about.
  • #115,038
  • Jan 13, 2021 12:25am Jan 13, 2021 12:25am
with a Simple Stock, it generates a 40% win rate. 4 trade win out of 10 trades.
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MA provides the market's current direction and strength.
  • #115,039
  • Jan 13, 2021 12:32am Jan 13, 2021 12:32am
Quoting emmanuel7788
{quote} The market looks like it is being kind again today: H1 BEEOB {image}

For M30 traders, London time 08:30am

London Open 30 mins

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #115,040
  • Jan 13, 2021 12:35am Jan 13, 2021 12:35am
Quoting emmanuel7788
{quote} For M30 traders, London time 08:30am London Open 30 mins {image}

EU Jan 13 M15 at London 0835am

- anyone for a M5 entry?
- small stop loss

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