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Trading Made Simple

  • #119,201
  • May 25, 2021 4:13am May 25, 2021 4:13am
AN May25 very nice when market is strong trending now until tomorrow RBNZ data release.

- strong trend swing can be more than 8 candle and can run 15 to 20 candles.

- so I sell the Daily continuation

- there are 29 H4 candles in one week, some brokers have 30 candles...



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #119,202
  • May 25, 2021 4:31am May 25, 2021 4:31am
Quoting hasib
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{image}
that's a good book I read years ago.

anyone makes $10,000 per months with $500? Keep on dreaming!

Page 16
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Page 21

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what about making an average $1,000 per day for (52x5x3) days with $50,000 starting account?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #119,203
  • May 25, 2021 4:44am May 25, 2021 4:44am
GU H1
short setup with TDI and Stochs crossing in the same direction and PA coming off resistance level.
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  • #119,204
  • May 25, 2021 5:23am May 25, 2021 5:23am
GU May25 H4 New York session

- in 39 mins we will know if there is a sell setup

- a PCRF 3bars swing high reversal for some traders

- others wait to see if there is 5bars swing high reversal ... aka True REVERSAL

- some traders will see a Head and Shoulders chart pattern and wait for a break below its neck line.


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #119,205
  • Edited 7:35am May 25, 2021 5:59am | Edited 7:35am
Quoting tommydoginti
{quote} Be flexible to trade different market conditions. Only newbies and unskillful traders use fixed pip values for SLTP with a discretionary strategy. Small trades within range. GU sell off TDI sell cross. Additional confluences came from m5. Slow at first hence targeted the weaker but closer support. {image}{image}
Only newbies and unskillful traders use fixed pip values for SLTP with a discretionary strategy.
And because so many newbies and unskillful traders visit this thread, that is why I suggest using fixed SL along with a TP of 10 pips (or only 5 pips, depending on conditions).

There is no need to counsel skilled traders in this area.
To free Gazans of Hamas, use whatever it takes.
  • #119,206
  • May 25, 2021 6:09am May 25, 2021 6:09am
Quoting yinhosan
{quote} Yes looks like a bounce off type trade, right? Also I got this UJ H1 long trade both TDI and Stochs signals an entry + PA traded off support. {image}
Close for +20 pips when the TDI made a check mark reversal and also we are at resistance level. If it is still strong, a bounce trade is probable. let see the next hour...
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  • #119,207
  • May 25, 2021 6:12am May 25, 2021 6:12am
USDCAD H1- long setup

TDI and stochs on H4 are having a green cross as well..
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  • #119,208
  • May 25, 2021 6:54am May 25, 2021 6:54am
Is there anyone who trade this BigE method profitably consistently so far? would like to have some feedbacks on your experience
  • #119,209
  • May 25, 2021 7:22am May 25, 2021 7:22am
AUDJPY H1 short setup

TDI green line crossing red waiting for confirmation on next candle and stochs in the same direction. PA coming off resistance level...
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  • #119,210
  • May 25, 2021 7:38am May 25, 2021 7:38am
EURJPY H1 Short setup

H1 coming off resistance level. TDI green crossing red, confirmation at the close of that candle... also TDI nice angle and above 68...
H4/Daily at highs
Weekly at resistance too
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  • #119,211
  • May 25, 2021 8:10am May 25, 2021 8:10am
AUDUSD H4 in consolidation

PA shows a ranging condition at the moment, best would be to wait for a clear break of that consolidation first in my opinion...
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  • #119,212
  • May 25, 2021 8:16am May 25, 2021 8:16am
Quoting yinhosan
Is there anyone who trade this BigE method profitably consistently so far? would like to have some feedbacks on your experience
This is my little experience with TMS since early this year.
https://www.forexfactory.com/thread/...9#post13540439

I see you also have strong PA skills and have the concept of trading away from S/R. That is already much better than others here often make mistakes by trading into them.

My sharing would be only learn from the posts of BigE, not many of them but valuable and original.
I also see from your chart so far is correct routine of chart checking as shown by correct TDI values. That is a good start!
Practice makes perfect. And do not apply any EAs. If you choose to use the EA then first practice without them and then apply them and should see performance drop.

Good luck and trade safe!
  • #119,213
  • May 25, 2021 8:42am May 25, 2021 8:42am
Quoting tommydoginti
{quote} This is my little experience with TMS since early this year. https://www.forexfactory.com/thread/...9#post13540439 I see you also have strong PA skills and have the concept of trading away from S/R. That is already much better than others here often make mistakes by trading into them. My sharing would be only learn from the posts of BigE, not many of them but valuable and original. I also see from your chart so far is correct routine of chart checking as shown by correct TDI values. That is a good start! Practice makes...
Thank you @tommydoginti for your feedback, your equity curve looks promising and it is motivating!

Yes I already read all of BigE posts on this thread, so many insightful posts...

Will keep posting my charts for feedbacks and learning
  • #119,214
  • May 25, 2021 9:39am May 25, 2021 9:39am
Quoting yinhosan
{quote} Thank you @tommydoginti for your feedback, your equity curve looks promising and it is motivating! Yes I already read all of BigE posts on this thread, so many insightful posts... Will keep posting my charts for feedbacks and learning
Thank you and I am also surprised by the precision TMS can achieve.

however I would say don’t trust and blindly follow anyone including myself. Follow the BigE’s original TMS. Since things like PA and trade management are not covered in detail, you can substitute with the elements you are using. Look for your existing rules, approaches that align and work in synergy with TMS.

TMS focuses on entries. So I focus on learning the entries in this thread. We see posters here trying to distract others with other topics of trading which is a disappointing behaviour. For example, BigE’s original TMS is single entry/single exit and is consistent in this thread. A Multiple Exit EA that suppresses the RR to <1 does not add value to the system. I would simply set SLTP to previous H/L and most of the time >1RR and require minimal trade management.


Trade well and trade safe!
  • #119,215
  • May 25, 2021 9:46am May 25, 2021 9:46am
Quoting hasib
50% of my trade I close with loss today. what's wrong with you!! why you win 85% and lose your account with in 3 month ask your self this question After that give advice to new traders. New traders will like you because you give them what they want to listen. But sorry to say you are not giving what they really need to listen. That is why I think Takkies will have always some follower in this thread. I don't like him and his follower. Number one reason they give one solution to trading success that is TDI. {image}
Out of the many trades you have shown to be winning, you can only show 9 trades on QE... if you claim to be successful that would be very hasty just like how you claimed other strategies not working.

your trading performance with DEMO is not convincing enough. The common consensus is 100 trades or more. But keep on the good work!
  • #119,216
  • May 25, 2021 9:48am May 25, 2021 9:48am
Quoting hasib
50% of my trade I close with loss today. what's wrong with you!! why you win 85% and lose your account with in 3 month ask your self this question After that give advice to new traders. New traders will like you because you give them what they want to listen. But sorry to say you are not giving what they really need to listen. That is why I think Takkies will have always some follower in this thread. I don't like him and his follower. Number one reason they give one solution to trading success that is TDI. {image}
You have again lost your focus on trading and gone off on belittlement and incitement. Please make an effort to stay focused on trading and read and edit your posts before posting them so that the content stays on the correct focus.
To free Gazans of Hamas, use whatever it takes.
  • #119,217
  • May 25, 2021 10:04am May 25, 2021 10:04am
Quoting yinhosan
USDCAD H1- long setup TDI and stochs on H4 are having a green cross as well.. {image}
USDCAD- Exited the long with -8 pips as TDI went flat...
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  • #119,218
  • May 25, 2021 10:09am May 25, 2021 10:09am
Quoting DrDave
{quote} Nice! GBPUSD is now working on ending the H16 down swing. So of course, that means lower TFs MUST start going into uptrends, and they must continue to cycle upward or the H16 CANNOT end the down swing.
GBPUSD is now working on ending the H16 down swing.
Alas, the up swings progressed only through H8, leaving the H16 downswing in tact.

Now looking for rallies to sell as they progress upward from below. (At the moment, the rallies have progressed to M30.)
To free Gazans of Hamas, use whatever it takes.
  • #119,219
  • Edited 11:19am May 25, 2021 10:35am | Edited 11:19am
Quoting tommydoginti
{quote} Out of the many trades you have shown to be winning, you can only show 9 trades on QE... if you claim to be successful that would be very hasty just like how you claimed other strategies not working. your trading performance with DEMO is not convincing enough. The common consensus is 100 trades or more. But keep on the good work!
again your prove that your a stupid.
MA provides the market's current direction and strength.
  • #119,220
  • May 25, 2021 10:59am May 25, 2021 10:59am
Quoting yinhosan
{quote} Close for +20 pips when the TDI made a check mark reversal and also we are at resistance level. If it is still strong, a bounce trade is probable. let see the next hour... {image}


hi

I see you use that same TDI version in Post#25 the same TDI used by the OP.

That check-mark reversal was good in live real-time trading with that TDI#25.
Please refresh that same chart and post your chart again, show us if that check-mark reversal remains the same when we look at old chart.
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Good trading
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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