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Trading Made Simple

  • #116,161
  • Jan 27, 2021 2:43pm Jan 27, 2021 2:43pm
Someone is sitting with a red face.
  • #116,162
  • Edited 3:06pm Jan 27, 2021 2:53pm | Edited 3:06pm
Quoting ryuryu
Hey @robots. Since I muted you I can't see what you post. {image} But on the main page I saw that you call me and I have checked you post. {image} I have never tried to insult you. I just said in your thread that you are showing "good" entries on the chart with repainting indicators. After that you just banned me from your thread. Then you start to call names in your every post on FF. Ok, I just put you to ignore list and that's all. Because I don't care. To be more clear for you I'm full time algo trader and here on FF I just searching for something...
@ryuryu -- you seem to have a selective memory. You came to my thread, liked the indicators and asked about mladen's centered TMA. You then stated " this indicator is totally fake". Which not only is false, it is a lie. It's not my indicator, it is used by thousands of traders, and it was authored by @mladen -- the most prolific, and innovative forex developer on the planet. I explained to you about repainting -- I even have a lengthy post about repainting / recalculating. Yes -- centered TMA repaints -- but it is not used for signals. If you are aware of that and instead use it for context then it's an excellent tool. I don't care whether you use it or if anyone else uses it -- in my thread I get to share tools that (a) I created or modified, and (b) I've found useful. You seemed to have a problem with that, so I started ignoring you. And, as it turns out, I'm not alone in that regard. Your behavior here at FF has mostly been to trash other strategies you disagree with.

@ryuryu -- you earned the word "smear" because that is what you do. On this TMS thread -- which has nothing to do with my indicator thread -- you began trashing me. You followed me here and began smearing me because I had blocked you from my thread. Your mind can rationalize it away, but you've become one of the members here who contribute a good portion of the 99.99% bullshit.

@ryuryu -- you aren't interested in TMS and never were. You've also attempted to explain to @Tekkies about repainting and TDI and failed. You know she's a shallow thinker and a joke -- everyone does. I don't care what her gender is -- but she obviously does. She's been lying about it for years -- and not so innocently. She posts degrading remarks about women thinking that will ingratiate her to the predominately male audience. She didn't have to go the route of deceiving readers -- there are highly respected female traders here -- check @LauraT's thread. She's gotten thousands of posts and they love her. @Hanover has even written software to support her strategy -- and that says a whole lot.

@ryuryu -- what I'm suggesting is for the two of us to back away. You have no real interest here and it must be a drag to have to interact with the other misfits. Go on your way and focus on what you are truly interested. And maybe down the road we'll cross paths again and since we are both interested in coding then we might enjoy a more positive exchange of ideas.

@ryuryu -- regardless of your choice, I do appreciate that you did respond directly to me...
  • #116,163
  • Jan 27, 2021 4:36pm Jan 27, 2021 4:36pm
Quoting emmanuel7788
EURUSD Jan 27 H1 Tokyo 3pm - we have a TOK_5H high-low +16pips - H4 TDICi is good _ D1 Trend 2/8 is sideways - H1 TDI Prev Slope / Curr Slope is - H1 PA is - M15 / H1 Close 40:60 {image}
Attached Image (click to enlarge)
Click to Enlarge Name: EU Jan 27 H1 V19 27-1-2021 2-03-28 pm.jpg Size: 402 KB


That post was 16 hours ago.

Now with FOMC, how many TMS traders survive the TOK_5H breakout?

How many R profit did you make? ... 3Rs or 4Rs

Many traders exited between 3R and 4R and they do not use TDI for exit. Simple rule for exit, same simple rule for entry.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Jan 27 H1 TOK_5H breakout 4R 28-1-2021 6-27-32 am.jpg Size: 412 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #116,164
  • Jan 27, 2021 4:59pm Jan 27, 2021 4:59pm
Quoting emmanuel7788
{quote} {image} That post was 16 hours ago. Now with FOMC, how many TMS traders survive the TOK_5H breakout? How many R profit did you make? ... 3Rs or 4Rs Many traders exited between 3R and 4R and they do not use TDI for exit. Simple rule for exit, same simple rule for entry. {image}

EURUSD Jan 27 H4 review

- did you catch Big E 4hr 10PM and 2AM candle?

- how well did Post#6 TDI for entry & exit work for you?

- or you skip 4hr trading because of FOMC

- and trade 1hr during the first 3 hours of the US session.

Attached Image (click to enlarge)
Click to Enlarge Name: EU Jan 27 H4 V19 28-1-2021 6-57-24 am.jpg Size: 432 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #116,165
  • Jan 27, 2021 5:12pm Jan 27, 2021 5:12pm
Quoting T4Trade
{quote} thanks awesome. does SMMA stands for smooth moving average?
Trend 2/8

Yes.

SMMA = Smoothed Simple Moving Average.

and you have other options to choose.

test every option and write your own rules in your system development.
Attached Image (click to enlarge)
Click to Enlarge Name: Trend 2-8 SMMA price.jpg Size: 164 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #116,166
  • Jan 27, 2021 5:38pm Jan 27, 2021 5:38pm
Quoting T4Trade
{quote} please tell us more about average price entry strategy,how should we use this to recover loss or close at BE? thanks
Hey T4Trade

Did you know this?
Big E has in his old thread, his - 21/233 Method in his old thread.

Using his 21/233 Method, he trade with multiple entries and he made a lot more pips than his 5-Method.

When you trade with multiple entries, how do you manage so many trades trading say, 3 to 5 pairs in a System Strategy?

I use Average Entry Price which calculates the entry price + position size. Manage all trades using the Average Entry Price of all open positions.
At the same time, you also need to manage the Balance, Equity & Margin Level % in your trading account when you trade 3 to 5 pairs in one single account. (System Strategy)
You want to grow an account exponentially, you can do it with a proven System Strategy. Did Big E has a System Strategy? What was his System Strategy?
First, you need to achieve and maintain a Consistent Win Rate of 65% and also a System Expectancy above 2.5 to an average 5.
Golden 60:40 rule Trading Beyond the Matrix.
You will be very rich trading the markets.


old posts
5-Method and 21/233 Method Post#3018, Post#4104,
two trading methods.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #116,167
  • Jan 27, 2021 5:44pm Jan 27, 2021 5:44pm
Quoting emmanuel7788
FOMC during NY session today. - today is the first FOMC and under the new President Biden administration. - Janet Yellen and Jerome Powell are in synergy, so I gamble today to be pro-USD.... which USD pair?

I pickd UJ my favourite of NFP and FOMC and also .....

keep it simple, we are in Trading Made Simple thread, follow simple rules for entries and exits.

USDJPY Jan 27 pre-FOMC 4hr trade

- taken 2 exits
- now trailing 4hr bar low

- this will be stop-out when 4hr small bars appears... believe it, it always happen when trailing with 1bar CSTSL.

Attached Image (click to enlarge)
Click to Enlarge Name: UJ 4hr trade running 28-1-2021 7-39-49 am.jpg Size: 224 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #116,168
  • Jan 27, 2021 7:38pm Jan 27, 2021 7:38pm
EURNZD 1H

Study charts to understand TMS, and learn from fact if it is applicable to you or working at all.
Looking at liars flashing off charts only and trades with non TMS is toxic

Previously after a strong bearish move, price broke previous low, sideway to retest down trendline. A sell TDI cross showed up. Since TMS uses the two RSIMA cross, the properties and common practices of RSI can be applied. For me, currently would look for normal entries at opposite side of 50 and bounce entries at same side.

A normal buy entry showed up. Enter at 2nd HA candle past EMA (3rd HA in same colour). TPSL at previous structures, or close trade by discretionary decisions. Profit can be 100pip up for single entry.
Attached Image (click to enlarge)
Click to Enlarge Name: 73D6F57F-4EED-4792-BE2A-67C8CFD7A215.png Size: 614 KB


Excuse my SELL on chart. I marked it for someone Sold there. Who on earth a TMS trader sell there? Maybe he was lying to us and BOUGHT.
#116,129
  • #116,169
  • Jan 27, 2021 8:07pm Jan 27, 2021 8:07pm
Quoting tommydoginti
EURNZD 1H Study charts to understand TMS, and learn from fact if it is applicable to you or working at all. Looking at liars flashing off charts only and trades with non TMS is toxic
Tommy, here are capture TDI repainting. Big bars are normal the those that cause the anomaly.
Attached Image
Attached Image

Did you look at iCustom RSI?
  • #116,170
  • Jan 27, 2021 8:15pm Jan 27, 2021 8:15pm
Quoting Tekkies
{quote} Tommy capture TDI repainting. {image}{image} Did you look at iCustom RSI?
the candle immdiately above the location of shifted TDI is different in the few charts. if that confuses you, then can ignore the very last data point of TDI as it recalculate tick data.

BigE once said he sometimes trades 2nd candle from set up (ie it crossed 5ema for >1 candle before and consecutive HA candles). As TDI is MA cross, it is usually more leading indicator among the 3. Focus on that and can overcome the issue first and study later.
  • #116,171
  • Jan 27, 2021 8:37pm Jan 27, 2021 8:37pm
Quoting Tekkies
{quote} Tommy, here are capture TDI repainting. Big bars are normal the those that cause the anomaly. {image}{image} Did you look at iCustom RSI?
Quoting tommydoginti
{quote} the candle immdiately above the location of shifted TDI is different in the few charts. if that confuses you, then can ignore the very last data point of TDI as it recalculate tick data. BigE once said he sometimes trades 2nd candle from set up (ie it crossed 5ema for >1 candle before and consecutive HA candles). As TDI is MA cross, it is usually more leading indicator among the 3. Focus on that and can overcome the issue first and study later.
Madam -- even the kid understands that you are confused about repainting. The last bar is the current bar -- it is still alive. It continues to adjust it's High, Low, Close as new tick data arrives. That is NOT repainting -- rather, it is called recalculation. The Open price does not change -- it is the first tick of the time frame and the Open price is carved in stone.

@tommydoginti -- good job kid -- teaching the "expert" some basics. And, yet, still she persists -- never stopping for even a moment to reflect on how to improve her trading and stop spreading misinformation. Yep -- she's definitely the one who should be lecturing us about TMS. What a joke...
  • #116,172
  • Jan 27, 2021 9:14pm Jan 27, 2021 9:14pm
Quoting robots4me
{quote} {quote} @tommydoginti -- good job kid -- teaching the "expert" some basics.... definitely the one who should be lecturing us about TMS. What a joke...
Yes. You are correct. I highly doubt you are actually on the side of busting the liar Emm.
By the way.
A person chose to ignore me, but still read my post and able to quote my replies. This is a very good example of really poor self-control and consistency, also reflected by contents of the replies.
#116,032

#116,025 - "my study of traders coming to this thread from the time the Big E started in his old thread till in Dec 2011."
#116,119 - "Need some clarification on RSI cross"
#116,077 - "No.4) You do not know what the TDI green price line represents on TMS 5-Method chart template."

Answers: #116,125 , #116,129
Fozzy_RSI = RSI,8 (<< What The Hell has it to do with TDI?)
TDI = RSIMA (13,2&7)

Also #115,893
Then #116,170
LMFO
  • #116,173
  • Jan 27, 2021 9:23pm Jan 27, 2021 9:23pm
Quoting tommydoginti
{quote} Yes. You are correct. I highly doubt you are actually on the side of busting the liar Emm. By the way. A person chose to ignore me, but still read my post and able to quote my replies. This is a very good example of really poor self-control and consistency, also reflected by contents of the replies. #116,032 #116,025 - "my study of traders coming to this thread from the time the Big E started in his old thread till in Dec 2011." #116,119 - "Need some clarification on RSI cross" #116,077 - "No.4) You do not know what the TDI green price line...
Hey kid -- one thing I'll grant you, you sure don't take a compliment very well... You're too young not to have a sense of humor. At this rate you'll have the personality of a grumpy old man by the time you're 19.
  • #116,174
  • Jan 27, 2021 10:38pm Jan 27, 2021 10:38pm
Quoting tommydoginti
EURNZD 1H Study charts to understand TMS, and learn from fact if it is applicable to you or working at all. Looking at liars flashing off charts only and trades with non TMS is toxic Previously after a strong bearish move, price broke previous low, sideway to retest down trendline. A sell TDI cross showed up. Since TMS uses the two RSIMA cross, the properties and common practices of RSI can be applied. For me, currently would look for normal entries at opposite side of 50 and bounce entries at same side. A normal buy entry showed up. Enter at 2nd...
#116,170 above

>>> Don't get fired ! Just make the necessary transition to trading 4hr charts during the London session... or Daily charts.<<<

Big E #281

Quoting eelfranz
Don't get fired ! Just make the necessary transition to trading 4hr charts during the London session... or Daily charts.
1. Do not get all fired up with study charts.

2. Do not get all fired up with hindsight paper trading on history price data

3. Do not get fired up with DEMO trading. It is not the same when you trade with REAL money.

Make that important decision for traders wanting to trade TMS is to make the transition to trade the 4hr, Daily and also consider the Weekly ... medium to long term swing trading.

Have a System Strategy for medium term - like a 3 years plan with SMART financial goal.

Big E #296
>>>Learning to trade is a lifetime process. Develop a trading system that fits you and practice, practice, practice. When your confident... go live.<<<
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #116,175
  • Jan 27, 2021 10:40pm Jan 27, 2021 10:40pm
Quoting robots4me
{quote} Hey kid -- one thing I'll grant you, you sure don't take a compliment very well... You're too young not to have a sense of humor. At this rate you'll have the personality of a grumpy old man by the time you're 19.


at his ongoing rate , he will become 91 sooner than others.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #116,176
  • Jan 27, 2021 10:44pm Jan 27, 2021 10:44pm
Quoting tommydoginti
EURNZD 1H Study charts to understand TMS, and learn from fact if it is applicable to you or working at all. Looking at liars flashing off charts only and trades with non TMS is toxic Previously after a strong bearish move, price broke previous low, sideway to retest down trendline. A sell TDI cross showed up. Since TMS uses the two RSIMA cross, the properties and common practices of RSI can be applied. For me, currently would look for normal entries at opposite side of 50 and bounce entries at same side. A normal buy entry showed up. Enter at 2nd...
#116,170

Attached Image (click to enlarge)
Click to Enlarge Name: tommudohinto paper trading 28-1-2021 12-41-26 pm.jpg Size: 382 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #116,177
  • Jan 27, 2021 10:49pm Jan 27, 2021 10:49pm
Quoting Tekkies
{quote} Tommy, here are capture TDI repainting. Big bars are normal the those that cause the anomaly. {image}{image} Did you look at iCustom RSI?

@Tekkies

my EU M15 chart with TDI#25

not refresh yet... will post a refreshed chart later.


Attached Image (click to enlarge)
Click to Enlarge Name: EU Jan 28 1247pm not refresh yet 28-1-2021 12-47-12 pm.jpg Size: 339 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #116,178
  • Jan 27, 2021 11:18pm Jan 27, 2021 11:18pm
Quoting eelfranz
Is that possible? Yes. Years ago when I retired I was looking for something to do. I attended a free local presentation about trading FX. My mind said "We can do that and make money too... from the recliner"... so the torture began as happens to all newbies... I bought one sure fire program for $2,300... saving $1,700 off the normal $4,000 price. Man... I'm on my way I thought. It was so difficult to understand and trade that I never made a dime... in fact I lost most of the time. When I called the companyit was all Greek to me... I thought a lot...

Post#1
I only trade 1hr charts during the the 1st 3 hours of the USA OPEN and 4hr trades at night. I check for set ups at 10pm Pacific,2am and close all 4 hour trades by 6am Pacific....

The OP only trade the 4hr at his 10pm and 2am. (PDT)
Current time is 9:15pm and is London 5:15am
The next 10pm is in 45 mins time.

Is there any potential 4hr trade setup now?




Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #116,179
  • Jan 27, 2021 11:21pm Jan 27, 2021 11:21pm
Quoting emmanuel7788
{quote} {image} That post was 16 hours ago. Now with FOMC, how many TMS traders survive the TOK_5H breakout? How many R profit did you make? ... 3Rs or 4Rs Many traders exited between 3R and 4R and they do not use TDI for exit. Simple rule for exit, same simple rule for entry. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Jan 27 H1 TOK_5H breakout 4R 28-1-2021 6-27-32 am.jpg Size: 412 KB


EU Jan 28 Tokyo 14:15pm

yesterday's FOMC gave us a good trade. How many R's depends on your entry and exits.

what about today?

Today TOK_5H hi-lo is 23 pips. Can we catch a 2R trade using R=23 pips?

Attached Image (click to enlarge)
Click to Enlarge Name: EU Jan 28 TOK5H 23pips 1313pm 28-1-2021 1-11-13 pm.jpg Size: 392 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #116,180
  • Jan 27, 2021 11:26pm Jan 27, 2021 11:26pm
Quoting emmanuel7788
{quote} I pickd UJ my favourite of NFP and FOMC and also ..... keep it simple, we are in Trading Made Simple thread, follow simple rules for entries and exits. USDJPY Jan 27 pre-FOMC 4hr trade - taken 2 exits - now trailing 4hr bar low - this will be stop-out when 4hr small bars appears... believe it, it always happen when trailing with 1bar CSTSL. {image}

UJ H4 trades closed

- 3 exits , +10pips, +25 pips, +35 pips.

- last exit, ... remaining position hit TP

Attached Image (click to enlarge)
Click to Enlarge Name: UJ Jan 28 H4 trades closed 28-1-2021 1-23-10 pm.jpg Size: 223 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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