Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #120,502
- Jun 11, 2021 4:39am Jun 11, 2021 4:39am
- Joined Oct 2020 | Status: Trader | 3,886 Posts
GU sell sell sell.
TDI green cross red entry.
Exit as price forming triple bottom on m5. Market in indecision condition, so just take the profit and wait for next setup.
TDI green cross red entry.
Exit as price forming triple bottom on m5. Market in indecision condition, so just take the profit and wait for next setup.
- #120,504
- Jun 11, 2021 4:44am Jun 11, 2021 4:44am
- Joined Nov 2008 | Status: Trader | 50,194 Posts
{quote} TMS Monitor Jun 11 H4 2AM PDT ... Big E' 4hr trading candle - there are enough to pick and close at the next 4hr 6AM and have some pocket money for the weekend. - just one 4hr candle trade - pick one with low risk trading idea {image}
GU Jun 11 H4 2AM PDT ... Big E's 4hr trading candle
- another BEEOB setup
- I picked EU over GU ... because __10 is stronger than 7 _.
>>>> BOE Baily was talking ....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #120,507
- Jun 11, 2021 5:07am Jun 11, 2021 5:07am
- Joined Oct 2020 | Status: Trader | 3,886 Posts
GBPJPY 15m This time 1hr confirms downshift (tdi) and entry on 15 min TDI angle good Stoc confirmed... {image}
price dropped quickly so at least you are in safe zone now
- #120,508
- Jun 11, 2021 5:11am Jun 11, 2021 5:11am
{quote} Good one.
You said this is momentum game and lights me up thanks for tip...P.S. its pullback more than 5 pips. closed half position let the winner run will see.
- #120,509
- Jun 11, 2021 5:16am Jun 11, 2021 5:16am
- Joined Jan 2013 | Status: Trader | 4,386 Posts
Got 500 points
MA provides the market's current direction and strength.
- #120,510
- Jun 11, 2021 5:18am Jun 11, 2021 5:18am
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote} Yes m8 i want to grab that fast move. This time that happened.
BigE focused on sharing his insight in Trade Entry (and exit) by developing this Trading Made Simple strategy. Which is what I only focus on sharing here, entries
Look forward to your next trade. Trade well and trade safe
- #120,513
- Jun 11, 2021 5:27am Jun 11, 2021 5:27am
- Joined Jan 2013 | Status: Trader | 4,386 Posts
MA provides the market's current direction and strength.
- #120,516
- Jun 11, 2021 5:45am Jun 11, 2021 5:45am
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote} Thx m8... Mostly we can count 5pips pullback as a BigE rule because trading between 5-30 min timeframe... And when HA lose connection with my entry line i am directly try to get atleast brakeevan my trade... Can help or any better idea?
This trade I didn’t move SL, nor exit at pull back. I had confidence in price returning to previous level, and manually exited when TDI hooked at around that area
A few ways has been described by BigE, except for runners
1) exit when price goes against (the one you mentioned)
2) TDI hook (momentum exhaustion, PA analysis can do the same)
3) price structures (previous high/low, etc)
4) time limit (How BigE traded H4)
Depending on the market conditions and your confidence in the setup, you can try various approaches. My only concern is RR > 1.
I may or may not trail SL if entries are at price level where pullback may go into DD zone but not SL level.
practice and should learn the flexibility
{quote} Big E was blind. He had glaucoma which damaged near 70% of his vision. If you want to follow Big E' principle of simplicity, get a pair of glaucoma glasses from a optician and look at your charts. 1. You will not find a ema3/ema15 at the same candle close on H1 and H4. Should you see one, then that market condition is not suitable to trade. You need to get the price action right and the TIMING for entry. At the confirmed H4 closed with ema3/ema15 cross, look at the H1 price action, its ema3/ema15 would have crossed 2 to 3 bars before. {image}...
"With God all things are possible"