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Trading Made Simple

  • #119,801
  • Jun 1, 2021 3:53am Jun 1, 2021 3:53am
Quoting hasib
{quote} Just for fun I share his post here again. I think Tommy is missing him a lot. @tommy -- you've earned my commendation -- I underestimated you. You are a bigger prick than I thought. Congratulations, son... 5 peas in a pod -- @DrDave, @tommy, @ryuryu, and the husband/wife team of @mosiskv/@Tekkies. Or, maybe it's the wife/husband team of @mosiskv/@Tekkies, since @Tekkies prefers to masquerade as a male. I don't know if I'm the only one, but I'm confused by all these gender preferences... So -- @tommy -- which pea are you? {image}
Thanks, Hasib, for further confirmation that your purpose in FF is to spread negativity and to vent your anger and frustrations that result from your miserable life.

Despite many attempts from various members to get you back on track and stop the Code of Conduct violations, it appears that your anger and unhappiness leads to your lack of focus and control. Perhaps it is time for some more authoritative influence of FF administration to reach out to you to try to correct your abhorrent behavior.
To free Gazans of Hamas, use whatever it takes.
  • #119,802
  • Jun 1, 2021 4:25am Jun 1, 2021 4:25am
Not bad guys
I will exit according to the rules.other entries touched B/e,and here are the new entries
However, I wonder if the price goes against our entry, how will we exit?
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  • #119,803
  • Jun 1, 2021 4:33am Jun 1, 2021 4:33am
Quoting Dulof
Not bad guys I will exit according to the rules.other entries touched B/e,and here are the new entries However, I wonder if the price goes against our entry, how will we exit? {image} {image} {image}
If you read BigE's post, then you know that he said he hates to give back pips, so he'll exit if price falls back 10-15 pips. If he watches the move and it goes back in the original direction and there is a valid entry, he will re-enter.
To free Gazans of Hamas, use whatever it takes.
  • #119,804
  • Jun 1, 2021 5:11am Jun 1, 2021 5:11am
Quoting DrDave
{quote} If you read BigE's post, then you know that he said he hates to give back pips, so he'll exit if price falls back 10-15 pips. If he watches the move and it goes back in the original direction and there is a valid entry, he will re-enter.
yes mate, but i mean if i sell and the price doesn't go down and it turns up when will we get out?
For example
I entered at the red line, and exited in yellow because the check mark appeared. Is that exit entry correct? 1 small loss
thanks for the kindness
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  • #119,805
  • Jun 1, 2021 5:29am Jun 1, 2021 5:29am
Quoting Dulof
{quote} yes mate, but i mean if i sell and the price doesn't go down and it turns up when will we get out? For example I entered at the red line, and exited in yellow because the check mark appeared. Is that exit entry correct? 1 small loss thanks for the kindness {image}

after your sell entry and the next candle pull back and the HA change colour ,

you can consider to exit -0.5R

once member requested my script for this 0.5R .

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #119,806
  • Jun 1, 2021 6:10am Jun 1, 2021 6:10am
Quoting emmanuel7788
The day is still very early and the three amigos still have room Up and room Down ADR high-low {image} {image} {image}

GU Jun01 H1

- heading down to its ADR Low...

- so far it has covered that H1 May 31 US&US bank holiday big candle


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #119,807
  • Jun 1, 2021 6:14am Jun 1, 2021 6:14am
If you like momentum based trending market. And have very strong risk management system develop. I recommend to trade index. Stop trading forex all together.
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MA provides the market's current direction and strength.
  • #119,808
  • Jun 1, 2021 6:26am Jun 1, 2021 6:26am
18. Embrace Simplicity
Focus on price action, understanding that everything else is secondary. Go ahead and build complex technical indicators, while keeping in mind that their primary function is to confirm or refute what your eye already sees.
19. Make Peace With Losses
Trading is one of the few professions where losing money every day is a natural path to success. Every trading loss comes with an important market lesson if you’re open to the message. Also, know when to quit and take a break from trading. Accept the losses, take time to regroup, and then come back to the market with a new perspective.
20. Beware of Reinforcement
Active trading releases adrenaline and endorphins. These chemicals can produce feelings of euphoria even when you’re losing money. In turn, this encourages addictive personalities to take bad positions, just to get the rush. If you're trading to achieve a rush and excitement, you are probably trading for the wrong reasons.
The Bottom Line
Most traders fail to tap their full potential, eventually cashing in their chips and finding more traditional ways to make money. Become a proud member of the professional minority by following classic rules designed to keep a razor-sharp focus on profitability.

Read more here https://www.investopedia.com/article...al-traders.asp
MA provides the market's current direction and strength.
  • #119,809
  • Jun 1, 2021 6:34am Jun 1, 2021 6:34am
Almost all non traders are aware of the main European, US and Asian stock indexes, because they are reported in the news. However many traders and certainly most non traders do not know how the stock indexes are traded.
The first index was created by Charles Dow in May 1896. It has evolved into what we know today as the Dow Jones Industrial Average.
Before deciding to trade indexes it is important to understand the difference between index trading and stock trading.
Difference Between Stock and Index Trading
Stock trading is referred to trading stocks of specific companies, each with individual prices. Once bought you own the stock and it has to be transferred to you from the seller.

Index trading is trading a basket of stocks which make up the index, through one instrument. The index tracks a basket of stocks that are used as indicators of a general representation of the whole stock market (S&P500) or are a specialized segment of a stock exchange such as technology, such as the NASDAQ.
Once traders become experienced enough, they can decide whether or not to trade indices based on their experience and understanding of the advantages of trading indices over trading stocks/shares.
To trade indices you do not need the services of traditional stock brokerage company. In fact, it is possible to buy an index or sell an index through internet-based platforms/broker.
Hence market trading online has become increasingly popular and retail investors buy or sell indices either as investment or hedging tools to diversify their portfolio risks.
Trading stock indices is normally more rewarding to an investor or a trader because in general indices have a higher return than the stock market they represent partially or wholly.
Another big advantage is that trading indices requires a minimum of research when compared to investing in individual stocks. Just imagine if you decided to invest in all the companies in the FTSE100, you would analyze 100 companies and that would require weeks of work.
It would be too difficult to track every single asset traded in the country.
However, if you simply invest in the S&P 100 stock index comprising the same basket of stocks you would only need to do the technical analysis on the index itself and the index would only require passive management and no tax liabilities.
The stock indexes, however, cannot be traded directly and they are available for information only. Market data is available for the stock indexes, and they can be charted, but there is no way to make either a long or short trade on the actual stock indices.
We always hear a trader mention that they are long or short on the Nada, or the FTSE100, but they are not actually long or short on those 100 indexes. They are actually long or short on a futures or options market.
Futures and options are known as derivatives markets, because they are derived from the underlying stock index. There are futures and options markets available for all of the popular stock indexes.
Futures and options markets usually move in synchronization with their underlying stock indexes. It is, therefore, possible to chart the stock indexes while trading the futures or options markets.
There are some advantages to charting the stock indexes instead of the futures or options.
The stock indexes do not expire like futures and options contracts do, so traders do not need to update their charting to a new contract every months/trimester (depending on the type of market).
Also, the options markets are difficult to chart because they consist of many contracts with different prices, so charting the stock indexes instead allows trading multiple options contracts using a single chart.
An index is nothing more than a list of stocks; anybody can create one. Most popular index apart, there are literally thousands of other indexes, tracking various regions and industries.
What sets the big indexes apart from the small ones is the reputation of the company that puts out the index.
MA provides the market's current direction and strength.
  • #119,810
  • Jun 1, 2021 6:34am Jun 1, 2021 6:34am
Quoting hasib
18. Embrace Simplicity Focus on price action, understanding that everything else is secondary. Go ahead and build complex technical indicators, while keeping in mind that their primary function is to confirm or refute what your eye already sees. 19. Make Peace With Losses Trading is one of the few professions where losing money every day is a natural path to success. Every trading loss comes with an important market lesson if you’re open to the message. Also, know when to quit and take a break from trading. Accept the losses, take time to regroup,...
I like this the most:

5. Avoid the Obvious
Profits rarely come from following the majority or the crowd. When you see a perfect trade setup, it’s likely that everyone else sees it as well, planting you in the crowd, and setting you up for failure.
  • #119,811
  • Jun 1, 2021 6:40am Jun 1, 2021 6:40am
Quoting hasib
If you like momentum based trending market. And have very strong risk management system develop. I recommend to trade index. Stop trading forex all together. {image}
Great idea! So go open a thread about trading indices and discuss it there and keep the discussion on this thread to BigE's 5-method.
To free Gazans of Hamas, use whatever it takes.
  • #119,812
  • Jun 1, 2021 6:42am Jun 1, 2021 6:42am
Quoting hasib
Almost all non traders are aware of the main European, US and Asian stock indexes, because they are reported in the news. However many traders and certainly most non traders do not know how the stock indexes are traded. The first index was created by Charles Dow in May 1896. It has evolved into what we know today as the Dow Jones Industrial Average. Before deciding to trade indexes it is important to understand the difference between index trading and stock trading. Difference Between Stock and Index Trading Stock trading is referred to trading...
Please take this information to your new thread on index trading. It is not relevant to the topic of this thread, which is BigE's 5-method.
To free Gazans of Hamas, use whatever it takes.
  • #119,813
  • Jun 1, 2021 6:49am Jun 1, 2021 6:49am
Quoting DrDave
{quote} Great idea! So go open a thread about trading indices and discuss it there and keep the discussion on this thread to BigE's 5-method.
Don't cry, you cry a lot. TMS is our go to place we will post our ideas and learning our observation. If you have any problem please don't post here.
MA provides the market's current direction and strength.
  • #119,814
  • Edited 8:10am Jun 1, 2021 6:56am | Edited 8:10am
Quoting DrDave
{quote} Please take this information to your new thread on index trading. It is not relevant to the topic of this thread, which is BigE's 5-method.
why don't you post in your thread, You start sharing a simple concept with a complicated way, some new traders got very interested in your Time frame ideas. Now every body lost interest except some of your team members. Previously I mention what your trying to teach is already well documented. I told you before, don't act like an expert. I don't think you understand the concept behind the sentence.

Read it again-
Don't act like an expert.
MA provides the market's current direction and strength.
  • #119,815
  • Jun 1, 2021 7:01am Jun 1, 2021 7:01am
Quoting mosiskv
Hi I got the attached a very long time ago from somebody/somewhere - Since I saw an interest in these patterns I thought to post the whole pdf. Also attached is an image posted by member TheScorpS where he states the source of the picture. Enjoy / Trade well / Mos PS. Seems the pictures in the pdf originated from "Trading Concepts" so credit to them if it is originally their work!! {image} {image}

that image you will find in this thread even before Big E joined FF.
james16 Chart Thread
https://www.forexfactory.com/thread/...6-chart-thread


that Three Powerful FOREX Price Patterns pdf you will find in LE1 TMS M15 thread.

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and downloaded 8649 times in this thread.

Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #119,816
  • Jun 1, 2021 7:48am Jun 1, 2021 7:48am
Quoting hasib
{quote} Don't cry, you cry a lot. TMS is our go to place we will post our ideas and learning our observation. If you have any problem please don't post here.
Please follow the wishes of the thread starter. You know very well that he said he started this thread to discuss ONLY his 5-method. When people posted about other indicators, EAs, or other systems, he kindly asked them to NOT post in this thread. A few of those that disrespected him and continued were blocked from posting.
To free Gazans of Hamas, use whatever it takes.
  • #119,817
  • Jun 1, 2021 7:54am Jun 1, 2021 7:54am
Quoting hasib
{quote} why don't you post in your thread, You start sharing a simple concept with a complicated way, some new traders got very interested in your Time frame ideas. Now every body lost interest except some of your team members. Previously I mention what your trying to teach is already well documented. I told you before, don't act like an expert. I don't think you understand the concept behind the sentence. Read it again- Don't act like an expert.
Previously I mention what your trying to teach is already well documented.
LOL

If it is so well documented, then where are all of your links to the material??? Where are all of your remarks to demonstrate how I deviate from the published material, or how I am totally wrong about "point A" or "concept B"? I know that if all of this alleged documentation existed, you would have already trashed it because of your limited abilities and frustrations that you unleash on others around you.
To free Gazans of Hamas, use whatever it takes.
  • #119,818
  • Jun 1, 2021 8:07am Jun 1, 2021 8:07am
she is FTMO funded trader. I watch her video for a years.
If we could trade well, sky is the limit.


Inserted Video
MA provides the market's current direction and strength.
  • #119,819
  • Jun 1, 2021 8:12am Jun 1, 2021 8:12am
Quoting hasib
she is FTMO funded trader. I watch her video for a years. If we could trade well, sky is the limit. https://youtu.be/RWwJCO6Mivo
If you having nothing to contribute connected to BigE's 5-method, then what is your point of posting here? I'm beginning to think that you prefer the thread as the toxic dumping ground that is good only for daily laughs rather than as a thread for serious discussions about its ACTUAL TOPIC: BigE's 5-method.
To free Gazans of Hamas, use whatever it takes.
  • #119,820
  • Jun 1, 2021 8:27am Jun 1, 2021 8:27am
Inserted Video
MA provides the market's current direction and strength.
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