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Trading Made Simple

Quoting Lenart80
{image}G/U 4H It could be a first sign of losing power, but it can bounce too. I will monitoring closely this area and see how it will proceed. Same is happening in G/J in H4.
When I see the Weekly PA is above its 10EMA, I would avoid shorting H4.

Attached Image (click to enlarge)
Click to Enlarge Name: GBBPUSD Feb16 H4 pipware 16-2-2021 7-54-00 pm.png Size: 60 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Quoting Lenart80
{image}G/U 4H It could be a first sign of losing power, but it can bounce too. I will monitoring closely this area and see how it will proceed. Same is happening in G/J in H4.
Hi Lenart,

I have visited your Trading Explorer and located the first entry @#1.3659.
That was a downtrend on H1 with lower highs and lower lows for 2 days before you entered this trade. I would be also looking for sells at that moment. Should I have entered this sell, I would have set the TP at 1.35775 level (purple box), reason is if price would drop (of course it has), there is a demand level being tested for the second time. Have a look.

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Quoting tommydoginti
{quote} Hi Lenart, I have visited your Trading Explorer and located the first entry @#1.3659. That was a downtrend on H1 with lower highs and lower lows for 2 days before you entered this trade. I would be also looking for sells at that moment. Should I have entered this sell, I would have set the TP at 1.35775 level (purple box), reason is if price would drop (of course it has), there is a demand level being tested for the second time. Have a look. {image}
Yes, mate. It was reasonable in that moment, but my big mistake was that I put my TP at 1.3535. It's ok, I made a mistake.
Sh... happens!lol
Multiple Position Trader
Quoting Lenart80
{quote} Im right now at page 523.lol Yeah, I was so stupid with that cable! I saw it could go to 1.4 and didnt do anything about it. I already tried this new strategy for me and I find that it works much better than fibonacci which I used till now. I have to open a new page in my life. The old strategy works good at some point but OMG its a lot of stress and I dont need that! I will post as soon I get out of this freaking cable! Btw, nice example chart.
If you were aware that 1.4 is likely, then why not just open some buys and hedge your underwater sells??
The markets are speaking to you. Do you know their language? I M T
Quoting DrDave
{quote} If you were aware that 1.4 is likely, then why not just open some buys and hedge your underwater sells??
Good question, but without any reasonable answer. Just a brain freeze. It happens.
Btw, this system works perfectly!
As I mentioned before G/U is now going perfectly.
Attached Image (click to enlarge)
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Multiple Position Trader
Quoting Lenart80
{image}G/U 4H It could be a first sign of losing power, but it can bounce too. I will monitoring closely this area and see how it will proceed. Same is happening in G/J in H4.
Change comes from the bottom and moves up. If you want see if there is even a possibility for H4 to change direction, check lower TFs --they MUST do it first!
The markets are speaking to you. Do you know their language? I M T
Some people try to put distortions and perversion into this TMS thread, knowing that MANY people will not do the fact checking that will expose fraudulent activities.

For example, this has been posted (too) many times in this TMS thread:

Quoting emmanuel7788 aka ToxicFakeTrader and TMS Thread Perverter
Always check the #1- Price Action first, then #2- TDI Post#3142
Is that linked post#3142 in this TMS thread?? NO! Of course it isn't! It is in an EARLIER thread of BigE's. So, BigE said the above BEFORE he opened this TMS thread. But AFTER he opened the TMS thread, it became clear that he had changed from checking PA first to checking for TDI green cross red first!!! Only AFTER the green cross red is seen do you continue with other assessments such as PA.

So why does the ToxicFakeTrader TMS Perverter continue to post this OLD information that BigE no longer followed in the TMS thread? Because the ToxicFakeTrader TMS Thread Perverter wants to trick you into following HIS way of trading, that has next to nothing to do with BigE's 5-method that is the subject of the TMS thread.

And if you have read the posts in this thread over the past 2 months, you will see for yourself that he has been exposed over and over to not be trading the 5-method. He continues to disrespect the dead man's wishes and even expresses pride in doing so.
The markets are speaking to you. Do you know their language? I M T
As expected gold now in 1800 level.
MA provides the market's current direction and strength.
Quoting Lenart80
{quote} Yes, mate. It was reasonable in that moment, but my big mistake was that I put my TP at 1.3535. It's ok, I made a mistake. Sh... happens!lol
Was it a BIG MISTAKE only in HINDSIGHT? If you had a perfectly good reason to place your SL at the time that you placed it, then unless you made a typo when entering it, it was not a mistake.

The important thing to consider on the H4 after that entry was that the D1 had already been several days in a down swing, and the H4 was OVERDUE to swing up to try to start a D1 rally. So you should have been either running a trailing stop or monitoring the H1 for reversal signs.
The markets are speaking to you. Do you know their language? I M T
Quoting Lenart80
{quote} Good question, but without any reasonable answer. Just a brain freeze. It happens. Btw, this system works perfectly! As I mentioned before G/U is now going perfectly. {image}
Yes, when you check H1 and see a sell entry, you can see why the H4 "is now going perfectly".

TDI green cross red down earlier and now making a bounce (continuation) down.

Both price and TDI in agreement with lower tops and a swing low between.
Price closed below ema(5) shift 2.

Sell on close of the marked bar.

Attached Image
The markets are speaking to you. Do you know their language? I M T
Quoting emmanuel7788
{quote} When I see the Weekly PA is above its 10EMA, I would avoid shorting H4. {image}
Hello,

whats the name of that candle timer indicator of yours? that "Next Bar in..."

Thank you
Is it TMS trade!!!

or advanced TMS!!!

enjoy
Attached Image (click to enlarge)
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MA provides the market's current direction and strength.
Hello dear friends
I want to use elferanz indicators in MetaTrader 5. Can you help me?

sloop stochastic mql5

tdi red green mql5

synergy-pro-APB mql5


thanks alot
Quoting hasib
Is it TMS trade!!! or advanced TMS!!! enjoy {image}
Neither one: without the TDI on the chart, it cannot be the 5-method.
The markets are speaking to you. Do you know their language? I M T
Quoting DrDave
{quote} Neither one: without the TDI on the chart, it cannot be the 5-method.
He is local idiot. Still can't understand that here we discuss TDI + Stoch approach. And showing us NO TDI + RSI. OOOkaaaay. Very slow guy. May be some day he will realize that 2+2=4 but not 7 or 3. But no hope yet...
Observer effect
Quoting amiralifx
Hello dear friends I want to use elferanz indicators in MetaTrader 5. Can you help me? sloop stochastic mql5 tdi red green mql5 synergy-pro-APB mql5 thanks alot
You can use standard Stoch
TDI also exist for free on mql website, but you have to change default colors (they are upside down don't know why). Or use not "green cross red" but "red cross green".
What is synergy-pro-APB I don't know, you can trade without that shit for sure, or just put any other indicator to the chart if you want to be more serious (everyone knows that more indicators you have on the chart better trader you are). Since every indicator or trend or oscillator and they all are using candle data to calculate there results there is NO difference what you will use. You can use MACD instead of TDI. I have shown how few posts later.

TMS is really simple approach. And if I say simple it doesn't matter that it is not good. It is good and has good logic.
Stoch must be oversold/overbought. TDI which is Moving Average + RSI must show the local trend. And it must be "if there were 2 green candle then next must be green too (here you must remove the sniff from the nose with your finger and examine it for a minute). That's all.
Observer effect
Quoting ryuryu
{quote} You can use standard Stoch TDI also exist for free on mql website, but you have to change default colors (they are upside down don't know why). What is synergy-pro-APB I don't know you can trade without that shit, or just put any other indicator to the chart if you want to be more serious
Synergy Pro APB (Average Price Bars) are not required. You can use the standard Heiken-Ashi bars.

The APB simply puts more weight on the close than what the HA uses. it makes a VERY minor difference in your decisions.
The markets are speaking to you. Do you know their language? I M T
Quoting DrDave
{quote} Synergy Pro APB (Average Price Bars) are not required. You can use the standard Heiken-Ashi bars. The APB simply puts more weight on the close than the what the HA uses. it makes a VERY minor difference in your decisions.
Thank you for clarification. I have questions to Japanese candles. Especially how the shadows calculated. But they are good enough anyway. So "new way to show candles" is not what I want for sure. Thanks God there are no Renko talks here.
Observer effect
Quoting amiralifx
Hello dear friends I want to use elferanz indicators in MetaTrader 5. Can you help me? sloop stochastic mql5 tdi red green mql5 synergy-pro-APB mql5 thanks alot
Hi amiralifx,
These indicators will help you, you can use normal stochastic.
Attached File(s)
File Type: ex5 Synergy_APB.ex5   11 KB | 182 downloads
File Type: ex5 TradersDynamicIndex1.ex5   34 KB | 195 downloads
File Type: mq5 TradersDynamicIndex1.mq5   18 KB | 163 downloads
Quoting tommydoginti
{quote} Hi Lenart, I have visited your Trading Explorer and located the first entry @#1.3659. That was a downtrend on H1 with lower highs and lower lows for 2 days before you entered this trade. I would be also looking for sells at that moment. Should I have entered this sell, I would have set the TP at 1.35775 level (purple box), reason is if price would drop (of course it has), there is a demand level being tested for the second time. Have a look. {image}

Hey Folks

Hindsight trading is 20:20 perfect. @tommydogie is a newbie trader thinking he can be a prop firm trader one day.

There is no such thing as supply and demand in Trading Made Simple.

Follow Big E' TMS 5-Method basics Post#261

============================================
The TDI is the heart of our method. It tells you when to enter and where to exit any trades... so review previous posts and learn it good.

HA Candles are important because it makes your trading way less stressful... use them.

Stoch's is nothing but confirmation. If Stoch's & the TDI give different signals... lights flash off and on warning me to take a closer look before entering.. and usually I look for another trade.

5 ema... shows direction currently... only wanting to enter on candle 1 or two. If there is a reversal do I have a TDI signal to enter... if not and all looks strong then enter on candle 2... use some discretion... practice on Demo... take some chances and see if yor head computer was right... it's free.

HA Candles... What are their size? If they are small I will usually go find another set up... Look for consolidation... look for how close PA is to supp/res levels... use your brain !

Believe it or not you have to participate and think... until it's so second nature... there is nothing to it... it's so simple... don't complicate it or you will lose...

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