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Trading Made Simple

  • #120,381
  • Jun 10, 2021 12:16am Jun 10, 2021 12:16am
Quoting Johnwerks
i'm looking at an re-entry into a down trend. as its a new day. will it matter if its continues the HA candle? {image}
If you enter with a bounce entry then HA candle colour is not the major concern.
If it’s a cross then better stick to HA #1/2 rule.

oppotrunities are always there in the market
耐性是王道
  • #120,382
  • Edited 12:56am Jun 10, 2021 12:27am | Edited 12:56am
Quoting emmanuel7788
{quote} re-post: this old post from Jan this year First 2 PMs in the new year 2021, where to download Blessing3? here is the thread link. Download the ex4 version of Blessing3 v3.9.6.06 https://www.forexfactory.com/thread/...a-and-setfiles you will also find the user Manual in that thread. Spend some time and study the Manual and learn how Blessing3 works. I will posting to explain how I use Blessing3 to trade manually and how B3 will manage the trade baskets. You need a Money Management strategy to trade...
I don't have any problem with learning Grid or martingale, As a trader we should learn possibilities.

So EMM, you not using Blessing 3.9.6.09?
You use Blessing 3.9.6.06.
why not use 3.9.6.09, are there any specific reason?
MA provides the market's current direction and strength.
  • #120,383
  • Jun 10, 2021 1:18am Jun 10, 2021 1:18am
The Art and Science of Technical Analysis

Read this book, Good one. Due to Copyright regulations, I can't share pdf here.
It is a good book I recommend buying this book.
I love the author a lot I have watch some of this video too.
Attached Image
MA provides the market's current direction and strength.
  • #120,384
  • Jun 10, 2021 1:31am Jun 10, 2021 1:31am
Quoting Johnwerks
i'm looking at an re-entry into a down trend. as its a new day. will it matter if its continues the HA candle? {image}
Did you read what BigE said about how many bars a swing tends to last and then apply that to your re-entry decision?

And remember, when looking for a swing to end, change comes from the bottom, not from the top.
To free Gazans of Hamas, use whatever it takes.
  • #120,385
  • Jun 10, 2021 2:04am Jun 10, 2021 2:04am
Quoting Johnwerks
i'm looking at an re-entry into a down trend. as its a new day. will it matter if its continues the HA candle? {image}

XAUUSD Jun 10

Weekly market type changed from Trending to Sideways

Daily is sideways too, therefore H1 day-trading sell following the Daily Open must rely on Price Action is king

TIMING is important and I would follow H4 timing my sell entry.

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD Jun10 H1 pipware 10-6-2021 2-58-21 pm.png Size: 65 KB

I remember these:

The 5 Fundamental Truths of Trading by Mark Douglas

1. Anything can happen.

2. You don’t need to know what is going to happen next to make money.

3. There is a random distribution between wins and losses for any given set of
variables that define an edge.

4. An edge is nothing more than an indication of a higher probability of one thing
happening over another.

5. Every moment in the market is unique.



Trade Safe. Always trade with Stop Loss and use Position Sizing.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,386
  • Jun 10, 2021 2:48am Jun 10, 2021 2:48am
It's another no-brainer GBPUSD sell.
TDI red cross green down with good angle.
H2 rallied and is making the down continuation.
Price breaking below the overnight consolidation.
Attached Image
To free Gazans of Hamas, use whatever it takes.
  • #120,387
  • Jun 10, 2021 3:01am Jun 10, 2021 3:01am
Hi Sammforeal
I have receive your private message. I share this message to public because for this message every one can learn.

Few points I want to say.
1. As for as I know you use 15 and 3 EMA you use 2 TF H4 and H1. With H4 direction you open trade in H1. Since Most of the market is slow it is too late to trade H4 chart. when you got all the confirmation price is over extended and after few candle price reverse and you lost money.
After losing money your now questioning your system. Your system is ok because it is develop to trade trend. since market condition has change your losing money. it is absolutely ok as long as your managing risk accurately.

2. Understand market conditions before applying any system. Especially if your system do well in trending market or do well in ranging market.
3. Don't open many trade in same zone when your losing trade in that zone again and again.
4. Fixed your number of trade for the day.
5. Fixed your risk % per day. per week. per month.
6. Receive what market gets you don't be too determined to get 1 to 2 or more all the time. some times market don't give you 1 to 2 RR. accept it.
7. Taking a 5 minute break after losing or winning a trade will help you think well.
8. your 2 ema system don't have 80% win rate and TDI don't have 80% win rate the more quickly you realize it is better for you. If your win more than 50% that is good advantage. that is why you should always target more than 1RR 2, 2.5,3 or even 5 is ok. as I said don't expect to get it all the time.
9. Develop intuition for the market, It will help you remove some of your bad trade. Always open your mind that you will be wrong.
10. Understand probability you will take lots of trade other people will tell you your a BS trader but you will be care free because you know what your doing.

Don't pay anyone to learn trading, Just don't do it.
Stay away from binary option because Mathematically your in disadvantage in every trade you open.

Best of luck, oh, don't think am guru I just write what comes to my mind now.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2.png Size: 121 KB
MA provides the market's current direction and strength.
  • #120,388
  • Edited 5:39am Jun 10, 2021 4:06am | Edited 5:39am
Quoting emmanuel7788
{quote} XAUUSD Jun 10 Weekly market type changed from Trending to Sideways Daily is sideways too, therefore H1 day-trading sell following the Daily Open must rely on Price Action is king TIMING is important and I would follow H4 timing my sell entry. {image} I remember these: The 5 Fundamental Truths of Trading by Mark Douglas 1. Anything can happen. 2. You don’t need to know what is going to happen next to make money. 3. There is a random distribution between wins and losses for any given set of variables that define an edge. 4. An edge is nothing...
LOL

This XAUUSD down move is attempting to end the OVERDUE weekly upswing.

D1 has already made a RALLY, and is now trying to end the rally and go into the down continuation.

You need to be examining H2 and SMALLER TFs for valid sells (or for confirmation that selling should be aborted), not H4. H4 is already past its prime and H8 is due to end its downswing.
To free Gazans of Hamas, use whatever it takes.
  • #120,389
  • Jun 10, 2021 4:24am Jun 10, 2021 4:24am
Quoting DrDave
It's another no-brainer GBPUSD sell. TDI red cross green down with good angle. H2 rallied and is making the down continuation. Price breaking below the overnight consolidation.{image}



Very simple Basic Price Action trading even a newbie can do it after a few hours practice.

Price Action breaks today' Tokyo session 5H high-Low , sell entry based on price action.

Your TDI green cross down red is 3 hours late entry.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Jun10 H1 10-6-2021 5-18-20 pm.png Size: 146 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,390
  • Jun 10, 2021 4:27am Jun 10, 2021 4:27am
Quoting DrDave
{quote} LOL This down move is attempting to end the OVERDUE weekly upswing. D1 has already made a RALLY, and is now trying to end the rally and go into the down continuation. You need to be examining H2 and SMALLER TFs for valid sells (or for confirmation that selling should be aborted), not H4. H4 is already past its prime and H8 is due to end its downswing.



Keep It Simple: OP Big E' Post#281 ... some say Original Big E' TMS.
" Just make the necessary transition to trading 4hr charts during the London session... or Daily charts."


No need add confusion with H2 and H8. ...

Just W1, D1 , H4 for the higher TF Top Down Analysis TDA with TMS.

"Less is More"

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD Jun10 H1 pipware 10-6-2021 2-58-21 pm.png Size: 65 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,391
  • Jun 10, 2021 4:33am Jun 10, 2021 4:33am
Quoting hasib
{quote} I don't have any problem with learning Grid or martingale, As a trader we should learn possibilities. So EMM, you not using Blessing 3.9.6.09? You use Blessing 3.9.6.06. why not use 3.9.6.09, are there any specific reason?

I am using the B3.9.6.09, that is the last version I got from jtatoday which is open source.

the other version .06, .07 and .08 were minor fixes.

Following ver .09, came the complete new Blessing Pro ( which is not open source)
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,392
  • Jun 10, 2021 4:41am Jun 10, 2021 4:41am
Quoting emmanuel7788
{quote} Very simple Basic Price Action trading even a newbie can do it after a few hours practice. Price Action breaks today' Tokyo session 5H high-Low , sell entry based on price action. Your TDI green cross down red is 3 hours late entry. {image}
Ohhhh Vincent, why are you feeling so threatened??

Attached Image


By the way, considering that you make the loudest condemnation of TFs that do not exist on MT4, how is it that you mention the 5H TF????????
To free Gazans of Hamas, use whatever it takes.
  • #120,393
  • Jun 10, 2021 4:54am Jun 10, 2021 4:54am
Quoting emmanuel7788
{quote} Keep It Simple: OP Big E' Post#281 ... some say Original Big E' TMS. " Just make the necessary transition to trading 4hr charts during the London session... or Daily charts." No need add confusion with H2 and H8. ... Just W1, D1 , H4 for the higher TF Top Down Analysis TDA with TMS. "Less is More" {image}
Brilliant logic! So let's continue the thought ...
Eliminate all of the EAs. It is OBVIOUS from all of the posts by people that cannot even get them to run that they are just adding clutter and confusion, not to mention that BigE made it CLEAR that they do not belong in this thread.

Next ...
Reduce the confusion even more and drop the M1 and M5 for sure, because they are nearly never used.

Keep going, less clutter ...
Drop the M30 and Monthly: TFs are too small and too large to add any significant value.

And more ...
Now let's get rid of those pesky confusing PRICE bars as well, and just look at some LAGGING indicators that give a CLEAR VIEW of what is going on.

Attached Image
To free Gazans of Hamas, use whatever it takes.
  • #120,394
  • Jun 10, 2021 5:17am Jun 10, 2021 5:17am
Quoting emmanuel7788
{quote} more PM Q&As Q. which of the TTE PA do you trade? A. I trade the 1-2-3 and also the 2b. 2b is like this below, but you need to see the APB/HA candle in the background of the price Bar Chart and important is the 5EMA Typical Price, Shift+2. {image} there are several threads where members talk about 2b trades. One of them is Divergence { here } the other is an old thread: https://www.forexfactory.com/thread/261338-2b-pattern...

Do you see a potential 2b trade setup?

If you do, be brave and pull the trigger .

Not saying it will happen, but look for trade setup with low risk trading ideas.

Attached Image (click to enlarge)
Click to Enlarge Name: GU Jun10 h1 potential 2B trade 10-6-2021 6-14-42 pm.png Size: 47 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,395
  • Jun 10, 2021 5:23am Jun 10, 2021 5:23am
Quoting DrDave
{quote} Ohhhh Vincent, why are you feeling so threatened?? {image} By the way, considering that you make the loudest condemnation of TFs that do not exist on MT4, how is it that you mention the 5H TF????????
how is it that you mention the 5H TF????????
We know that he use TDI to indicate a possible entry, refer to BigE's post's that use TDI and yet he likes to contradict himself time and again.

Remarkable how TDI is every time right on time with indication of a possible trade setup.
The trader only have to determine / filter the possibility > Will it go into profit with post#647.

Can only laugh at "Less is More" when looking at the chart posted there are 24 indicators > four per time frame plus 4 on main chart.
BigE only used 4.

The best part is which timeframe is to be used to pull the trigger?
  • #120,396
  • Jun 10, 2021 5:24am Jun 10, 2021 5:24am
Seems like he couldn't digest my advice. soon he will join blue team. Start old stupid activity.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20210610-161924_cropped.png Size: 186 KB
MA provides the market's current direction and strength.
  • #120,397
  • Jun 10, 2021 5:31am Jun 10, 2021 5:31am
Look at this SOB.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20210610-162927_cropped.png Size: 142 KB
MA provides the market's current direction and strength.
  • #120,398
  • Jun 10, 2021 5:38am Jun 10, 2021 5:38am
Quoting Tekkies
{quote} how is it that you mention the 5H TF???????? We know that he use TDI to indicate a possible entry, refer to BigE's post's that use TDI and yet he likes to contradict himself time and again. Remarkable how TDI is every time right on time with indication of a possible trade setup. The trader only have to determine / filter the possibility > Will it go into profit with post#647. Can only laugh at "Less is More" when looking at the chart posted there are 24 indicators > four per time frame plus 4 on main chart. BigE only...
Can only laugh at "Less is More" when looking at the chart posted there are 24 indicators > four per time frame plus 4 on main chart. BigE only used 4. T

Yes, it is these kinds of ridiculous statements of Vincent's that readers see a few times and recognize his main contribution is to make everyone laugh and nothing more.
To free Gazans of Hamas, use whatever it takes.
  • #120,399
  • Jun 10, 2021 5:57am Jun 10, 2021 5:57am
Quoting hasib
Seems like he couldn't digest my advice. soon he will join blue team. Start old stupid activity. {image}
Really Hasib, do you grave the spotlight so much that you have to post your PM's here?

You lead the pack in stupidity.
  • #120,400
  • Jun 10, 2021 5:57am Jun 10, 2021 5:57am
Hey there. I have been reading you in the shadows, great thread, great forum. I like this TMS system.

I have a question
Does someone use the original TMS rules in D1 or W1
I dont like to trade h1 or h4 as i want a stress free position. No daytrading for me.

I apply some basic rules that most traders use:

I never exit a position. The market close my position.
I always use a stop.
I risk 2% of my trading account in each trade.

So... do you guys apply TMS rules but in D1 or higher time frame? Any good/bad experience?

Thanks!!!
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