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  • #118,801
  • May 13, 2021 8:54am May 13, 2021 8:54am
#118799

Not the best time to consider the USDCAD. Price at resistance and DOLLAR was at support
An example as warning to traders not to blindly trade TDI crosses.

Trade well.

Attached Image (click to enlarge)
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  • #118,802
  • May 13, 2021 9:12am May 13, 2021 9:12am
Quoting Tekkies
Other condescending post hidden behind advice by Emmanuel. This time it is Tekkies getting the tar brush and not Tommy. Where is that clean up button?
Hi Tekkies,

Looking back history of this thread will find you are able to focus on trading. It is normal for you and many others to get emotional when someone starts bickering you.
Much effort has been put in to help improving the forum environment, that is beyond cleanup reports. We should start seeing the effect of it. FF is a forum but in fact a commercial product of a company. The primary objective is content management and branding. For that we solve problem and prevent further disruption from the root cause. Previously one was resolved. It can be a fair warning to others.

Everyone is here to learn and share. No one is worse or better and here is not a competition. There are always people better and worse than you, say 98% drawdown. A trader can fail miserably now but still have potential to be top trading material and talent appreciated by others. So no need to bear any emotions.

Trade well
  • #118,803
  • Edited 9:30am May 13, 2021 9:17am | Edited 9:30am
Quoting Tekkies
{quote} You know what is going to happen now Tommy, seeing that Emmanuel is asking about your broker you use. He is going to open a account with them, trade the same pair/timeframe you are posting. Every time you post a chart, you going to stare at similarly chart with the heading > Look at me, I did better then Tommy. Emmanuel did that not so long ago with DE30. Never posted or even mentioned DE30, Tekkies started posting DE30 suddenly everyday DE30 charts and lots of them. Post...
I would say welcome to follow my lead. It will be tricky though as I have no fixed timeframe.

I welcome anyone to take note to what I share

* I know many here do not know Chinese, but do you know this is a wrong quote from LaoTzu? It is quite funny when you read the original text that this quote refers to.
https://i.pinimg.com/originals/6f/32...f41233988a.jpg
  • #118,804
  • May 13, 2021 9:42am May 13, 2021 9:42am
Quoting emmanuel7788
{quote} hi Armajit a lot of trades but that's okay when you are practising with DEMO account and to build confidence. some setups are good, some not so good, you must learn to pick only the best setups like the OP Big E. when you start trading live with real money you must be very selective which currency pairs to trade and also the types of REVERSAL and CONTINUATION setups. GBPAUD H4 - I don't see a TMS 5-Method sell setup. {image}
1. Sorry, but i have to say this, U got my name spelt wrong, which i never liked.
2. I didn't say anything about DEMO or REAL account which i traded. U made a wrong assumption about my account type, by the way its real account.
3. GBPAUD was not a tms/tdi setup, i entered short based on something else.
  • #118,805
  • May 13, 2021 9:46am May 13, 2021 9:46am
Quoting DrDave
{quote} Just because he does not post trades that use averaging down, grid trades, and the like does not mean that he has stopped doing it. His purported 65% success rate supposedly over many years is the only testimony needed to cement the conclusion that whatever "system" he uses yields dismal results, so the majority of his posts are smoke and mirrors, denigration, and many other tactics to distract from the pertinent subject of trading BigE's 5- method.
Why you never stop talking about the 65% success rate. This value have no meaning without the average risk:reward. If he have an average of 1:2 risk:reward and winning 65% of the trades it's very good. But if he have an average of 1:0.5 risk:reward and winning 65% it's bad.
  • #118,806
  • May 13, 2021 9:50am May 13, 2021 9:50am
Quoting beatentrader
{quote} 1. Sorry, but i have to say this, U got my name spelt wrong, which i never liked. 2. I didn't say anything about DEMO or REAL account which i traded. U made a wrong assumption about my account type, by the way its real account. 3. GBPAUD was not a tms/tdi setup, i entered short based on something else.
Welcome to the tar brush.
  • #118,807
  • May 13, 2021 10:04am May 13, 2021 10:04am
Quoting tommydoginti
{quote} Hi Tekkies, Looking back history of this thread will find you are able to focus on trading. It is normal for you and many others to get emotional when someone starts bickering you. Much effort has been put in to help improving the forum environment, that is beyond cleanup reports. We should start seeing the effect of it. FF is a forum but in fact a commercial product of a company. The primary objective is content management and branding. For that we solve problem and prevent further disruption from the root cause. Previously one was resolved....
I know Tommy.
It is so sad to see a person destroying what BigE has left behind for all to enjoy. I know that this method can be and is profitable.

Unfortunately, I fail time and again to prove it. Maybe you can deliver the required results using only what BigE has posted.

Trade save.
  • #118,808
  • May 13, 2021 10:21am May 13, 2021 10:21am
Quoting Tekkies
{quote} Welcome to the tar brush.
Sorry...? but I didn't understand you.. I hope u would not mind rephrase....
  • #118,809
  • May 13, 2021 10:30am May 13, 2021 10:30am
Quoting emmanuel7788
{quote} Hi the H1 setup was good but we have the previous low which is intraday support. not much liquidity to push price lower for 2 hours so you have to make a manual decision to either cut the positions or wait till NY open later. the volatility of EurXXX and GbpXXX crosses are much larger than the USD majors. do your trade position size carefully and do not risk too much $$$money and to watch the price pull back carefully after entry. https://www.mataf.net/en/forex/tools/volatility {image}
So bad !! I ignored yesterday's low was not broken. now -30 pips sl 50 pips tp 100 pips. hope not to be swallowed sl tomorrow when i wake up
  • #118,810
  • Edited 11:10am May 13, 2021 10:50am | Edited 11:10am
Quoting kirinda
{quote} Why you never stop talking about the 65% success rate. This value have no meaning without the average risk:reward. If he have an average of 1:2 risk:reward and winning 65% of the trades it's very good. But if he have an average of 1:0.5 risk:reward and winning 65% it's bad.
1. If you have been reading the posts by tommydogint, then you would already know that the purported 65% success rate is accompanied by risk:reward less than 1:2; more likely between 1:1 and 1:0.3 leading to, at BEST, slightly above breakeven over the long term.

2. This is BigE's thread that he stated is for discussing his 5-method ONLY. Posting screen captures and EAs and indicators that are not part of the 5-method along with misleading claims of r:r running 1:4, 1:5, and even more, is a disservice to all readers of that information and especially detrimental to newcomers and the naive who build false expectations of the 5-method based on this irrelevant information.
To free Gazans of Hamas, use whatever it takes.
  • #118,811
  • May 13, 2021 10:52am May 13, 2021 10:52am
Quoting beatentrader
{quote} 1. Sorry, but i have to say this, U got my name spelt wrong, which i never liked. 2. I didn't say anything about DEMO or REAL account which i traded. U made a wrong assumption about my account type, by the way its real account. 3. GBPAUD was not a tms/tdi setup, i entered short based on something else.
Hi Beatentrader,

Please clam down and it's no big deal being misunderstood on a forum.
Assumptions without facts to support are often a projection onto others. Say if someone has been trading DEMO for years, it is not surprising to have him/her thinking others must be trading DEMO too.

Same in trading, trading with sufficient confluences and react to market conditions instead of predicting based on personal preferences is more realistic and potentially more profitable.

Quoting kirinda
{quote} Why you never stop talking about the 65% success rate. This value have no meaning without the average risk:reward. If he have an average of 1:2 risk:reward and winning 65% of the trades it's very good. But if he have an average of 1:0.5 risk:reward and winning 65% it's bad.
I hope traders would realize that betting 50pips for 60% @10pips and so is not that sustainable in trading. The win rate was mentioned by BigE, which was his experience and expectation to the TMS traders. He did not mentioned any specific RR but studying his charts and according to TMS, he was likely trading with >1 RR in respect of initial SL and projected TP.
  • #118,812
  • May 13, 2021 11:19am May 13, 2021 11:19am
Quoting beatentrader
{quote} Sorry...? but I didn't understand you.. I hope u would not mind rephrase....
You have been judge by a member that you did not like and posted redress of wrong.
That member has the tendency to judge all members negatively that do not agree with him, like he is doing to Tommy, Tekkies everyday.
In short, "tar with the same brush" means: Don't judge all people the same the same way.
  • #118,813
  • May 13, 2021 11:19am May 13, 2021 11:19am
[quote=tommydoginti;13537069]{quote} Hi Beatentrader, Please clam down and it's no big deal being misunderstood on a forum. Assumptions without facts to support are often a projection onto others. Say if someone has been trading DEMO for years, it is not surprising to have him/her thinking others must be trading DEMO too. Same in trading, trading with sufficient confluences and react to market conditions instead of predicting based on personal preferences is more realistic and potentially more profitable.

Hahaha.. don't worry, this are just forums and they CAN'T and NEVER get me tensed or angry, but I do like to make things straight, so an "A" will always be called an "A", not "B".

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By the way, this are my current open positions, apart from 2-3 positions, the others are all based on TDI crosses and a little PA.

Cheers,
Amarjit
  • #118,814
  • May 13, 2021 11:54am May 13, 2021 11:54am
Quoting DrDave
{quote} 1. If you have been reading the posts by tommydogint, then you would already know that the purported 65% success rate is accompanied by risk:reward less than 1:2; more likely between 1:1 and 1:0.3 leading to, at BEST, slightly above breakeven over the long term. 2. This is BigE's thread that he stated is for discussing his 5-method ONLY. Posting screen captures and EAs and indicators that are not part of the 5-method along with misleading claims of r:r running 1:4, 1:5, and even more, is a disservice to all readers of that information and...
Ok, I understand. But it will be nice if you give the risk:reward in posts with information about winning %. This because newbes may think winning % is the most important and doesn't understand the importance about risk:reward.
  • #118,815
  • May 13, 2021 1:22pm May 13, 2021 1:22pm
Quoting kirinda
{quote} Ok, I understand. But it will be nice if you give the risk:reward in posts with information about winning %. This because newbes may think winning % is the most important and doesn't understand the importance about risk:reward.
If you do some in-depth analysis of risk: reward as presented by many FF members as well as a number of Internet sites, blogs, and YouTube videos, you will discover, just as tommydoginti has shown in this thread, r:r is EXTREMELY RARELY applied and discussed correctly, leading to it being essentially a meaningless metric for the common retail trader.

Instead, it ends up being little more than a "feel good" moment when the improperly appled r:r is used to declare a (false) 1:3 or greater trade, or a "feel bad" moment when used to declare a (probably false) less than 1:1 winner down through a -r loser.

(Purists, please note that I understand that comparisons of risk: reward RATIOS with increasing reward actual produces a SMALLER result so that "less than 1:1" , such as 1:0.5 risk:reward is actually 2 where as 1:4 is actually 0.25, should really be stated as "greater than 1:1". Just another example of some of the confusion that has crept in when trying to discuss the topic.)
To free Gazans of Hamas, use whatever it takes.
  • #118,816
  • May 13, 2021 1:26pm May 13, 2021 1:26pm
Quoting kirinda
{quote} Ok, I understand. But it will be nice if you give the risk:reward in posts with information about winning %. This because newbes may think winning % is the most important and doesn't understand the importance about risk:reward.
Unfortunately, few posters provide data for both win rate and risk:reward, so it is rarely possible to cite both. And even when they are provided, one or both are incorrectly derived, leading to at best meaningless information and typically misleading, incorrect information.
To free Gazans of Hamas, use whatever it takes.
  • #118,817
  • May 13, 2021 2:53pm May 13, 2021 2:53pm
Attached Image (click to enlarge)
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MA provides the market's current direction and strength.
  • #118,818
  • May 13, 2021 3:54pm May 13, 2021 3:54pm
Quoting beatentrader
{quote} 1. Sorry, but i have to say this, U got my name spelt wrong, which i never liked. 2. I didn't say anything about DEMO or REAL account which i traded. U made a wrong assumption about my account type, by the way its real account. 3. GBPAUD was not a tms/tdi setup, i entered short based on something else.
hi Amarjit

1) so sorry about the typo with your name Amarjit. it happens when I was too busy while on my keyboard and there were so many online conversations with others at the same time.


2) again sorry that I mentioned DEMO trading when you posted so many H4 trades charts. It was a mix up on my part there and then while I was with other members on Telegram and have also just reading your PM to me. I do have lots of PM backlog clear and will reply your PM this weekend.

3) GBPAUD ... okay when you have other trading method.

BTW, do you know Mario Singh? He is also from Singapore. I met him years ago in Singapore while attending an investment fair and he was one of panel speakers. I was impressed with his track record.

Trade Well.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,819
  • May 13, 2021 3:58pm May 13, 2021 3:58pm
Quoting beatentrader
Quoting tommydoginti
{quote} Hi Beatentrader, Please clam down and it's no big deal being misunderstood on a forum. Assumptions without facts to support are often a projection onto others. Say if someone has been trading DEMO for years, it is not surprising to have him/her thinking others must be trading DEMO too. Same in trading, trading with sufficient confluences and react to market conditions instead of predicting based on personal preferences is more realistic and potentially more profitable. Hahaha.. don't worry, this are just forums
...

hi Amarjit

Very nice! lots of wins and trading H4 chart timeframe. ...

Big E would be proud to see you trading H4 and prove him correct to be giving sound advice to members to make the transition to trading the 4hr.

Keep on posting your trades and charts. These would help other members learn along with you too.

Trade Well.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,820
  • May 13, 2021 4:15pm May 13, 2021 4:15pm
Quoting emmanuel7788
{quote}
USDCAD M15 May13 London 11:30am
- Traders Dynamic Index aka TDI M15 'Golden Cross' sorry no chart now, I am preparing dinner and just happen to look at my big screen alerts.
...

Quoting tommydoginti
#118799 Not the best time to consider the USDCAD. Price at resistance and DOLLAR was at support An example as warning to traders not to blindly trade TDI crosses. Trade well.
Attached Image (click to enlarge)
Click to Enlarge Name: tommydogie UC M15 no golden cross 14-5-2021 5-02-48 am.png Size: 25 KB

{image}
hey @tommydogie

1) on your TDI red green you wont see the 'Golden Cross M15'.
- see the Traders_Dynamic_Index Golden Cross you need to use the TDI full-version by Dean Malone. There are lots of TDI youtube videos of traders teaching TDI-based systems and some of those videos explain the various 'golden cross' of the TDI and Price Action on charts, and how to interpret them. Some are trade add-on signals when trading multiple entries, some are trade management signals for example for moving trailing stop and even possible exits of multple entries multple exits trading.


2) You are right that members trading Big E original TMS 5-Method should not be trading the TDI blindly. Traders must learn from their own experience and to trade only the best setups as Big E mentioned.

However, some members can consider to use the @TMSTDI WatchDog by plamendp for additional information provided by the TDI Red Grenn.
see my Post#118,788

I will post and explain with more live market charts examples how I pick A+++ later.

Attached Image

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