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Trading Made Simple

  • #120,741
  • Edited 4:43am Jun 15, 2021 4:31am | Edited 4:43am
Quoting emmanuel7788
{quote} well Folks you see what I mean. someOne would spin a story without knowing the facts. I was referring to the use of this EA and overtrading below, holding to sell positions and when it is obvious both M15 and H1 was following the H4. The oter One who uses an EAs must do the thinking like Big E often said: " use your brains". Also use your brain before you post and spin the next story. {image} {image}
Nice, what is the difference between these buttons and info?
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Be careful how you answer. You say one is an EA then you indicating that no build in functions that MT4 provided can be used:
- One Click Trading (Alt+T)
- Market Info to see spread.
- Close trades with X below Profit.

"Also use your brain before you post and spin the next story. "
  • #120,742
  • Edited 7:12am Jun 15, 2021 6:46am | Edited 7:12am
Quoting DrDave
{quote} And, of course, after the H2 down continuation swing ends, H4 is next to make the EXPECTED rally. It is merely a matter of checking the smaller TFs to SEE when the continuation ends and look for the rally. And, if the volatility happens to be large enough, this H4 RETRACEMENT swing can be traded, with all of the caveats of retracement trades.
after the H2 down continuation swing ends, H4 is next to make the EXPECTED rally.
OH
MY
G-A-W-W-W-D!
It happened AGAIN! Using Intrinsic Market Timing to determine where the next "move" is most likely to occur, and then go to the proper smaller TF to find the entry.
So, when the H4 rally ends, look for the continuation sell opportunity.

Vincent wants to be sure that you will not to miss any of my posts in the TDA with IMT thread, so just as he did, I made a copy past of the entire post. But you can view the original here, if you so desire.

ADDENDUM I forgot to mention, no complex EAs that most of you cannot figure out required, no need for trying to learn what are WCC, WRB, BUOB, and on and on. No need to make Trading Made Simple into Trading Made Incomprehensible. Just use some LAGGING indicators, such as TDI: even price bars are optional.
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To free Gazans of Hamas, use whatever it takes.
  • #120,743
  • Jun 15, 2021 6:52am Jun 15, 2021 6:52am
Quoting emmanuel7788
GU Jun 15 H4 Dynamic Entry - here is today' example how to catch a H4 dynamic entry in H1 {image} TMS V19 EA information display {image}
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Click to Enlarge Name: GU Jun15 H1 with H4 dynamic entry 15-6-2021 5-11-47 pm.png Size: 39 KB


GU Jun 15 trade updates:

- dynamic entry you have the opportunity to trade the price action follow through

- first batch stopped out and quick re-entry and catch the 'falling knife' as in my trade plan according to my WTDA and Big Picture.

- keep it simple, follow HA candles Price Action and it 5EMA.


Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,744
  • Jun 15, 2021 6:55am Jun 15, 2021 6:55am
If you look back at the image in this post, then compare it with the image in this post, you can see a prominent down swing, then a weak up swing (rally), then a down continuation (to check for selling opportunities). Note that the images display two different timeframes. Is it just a one-time thing, some strange co-incidence, or could this simply be an example of the fractal-like nature of price vs. time that can actually be used to help you find trading success?

I think it is the latter, and incorporate it into Intrinsic Market Timing Analysis.
To free Gazans of Hamas, use whatever it takes.
  • #120,745
  • Jun 15, 2021 6:57am Jun 15, 2021 6:57am
Quoting hasib
Today I tried to trade NQ, NQ move more than Dow, But I feel very uncomfortable trading NQ, I close trade too early with few loss. Finally I stop NQ. Return to My favorite Baby US30. I got my return. I think I should not focus on other instrument, Gold and US30 is more than enough to get, what I want. Every market has its own personality, as a trader we should understand it. As a day trader 2 instrument is good enough. I don't like one instrument trading. where is BLUE team trade, You will never get trade from them you will get lot of talks from...

waiting for US session now

going to be volatile

can drop below today Open 34368 and bounce back up later in the day.... another bear day candle.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,746
  • Jun 15, 2021 6:59am Jun 15, 2021 6:59am
Quoting mistdraw28
{quote} Oh brother! I used the default settings on weekends. The EA opened a Buy order Can you give me your current EA setup with the pairs you are using? My English is very poor, I can't read to understand everything in the tutorial. {image}

Blessing3 caught the falling knife today as it breaks the WCC Low

closed 2 trades +25 pips each.


Attached Image (click to enlarge)
Click to Enlarge Name: GU Jun15 Blessing sell 15-6-2021 7-48-53 pm.png Size: 33 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,747
  • Jun 15, 2021 7:13am Jun 15, 2021 7:13am
Quoting emmanuel7788
{quote} waiting for US session now going to be volatile can drop below today Open 34368 and bounce back up later in the day.... another bear day candle.
You are In Australia, Trading us session is little difficult for you. Probably you have to trade the open, any market open hour trading is required skills. some time market moves both directions.
MA provides the market's current direction and strength.
  • #120,748
  • Jun 15, 2021 7:14am Jun 15, 2021 7:14am
BOE Gov Bailey Speaks

I am observing GU and GJ now.
MA provides the market's current direction and strength.
  • #120,749
  • Jun 15, 2021 7:15am Jun 15, 2021 7:15am
Quoting hasib
{quote} Hi I have develop a risk management plan to pass prop firm challenge using Excel. I just enter initial deposit or balance it calculate my lot size and risk per trade and risk per week and risk per month. I follow the lot size. I have different set of loss size according to stop lot distance, I follow it. Some time I improve it when I get new ideas. If you ask question Do I follow my rules 100% of the time, I can't because I am not perfect but I have a structure. I try to follow it most of the time. When I follow it I know how much DD I can...
After long time I am hearing from the real day trader. I am completely with you what you have just wrote. I am also on the same page!!

Next thing, if you are thinking of scaling your system try- forexcopier.com to scale and copy the trades.

cheers
Tush
  • #120,750
  • Jun 15, 2021 7:31am Jun 15, 2021 7:31am
Quoting emmanuel7788
{quote} well Folks you see what I mean. someOne would spin a story without knowing the facts. I was referring to the use of this EA and overtrading below, holding to sell positions and when it is obvious both M15 and H1 was following the H4. The oter One who uses an EAs must do the thinking like Big E often said: " use your brains". Also use your brain before you post and spin the next story. {image} {image}
Well, folks, see what I mean? Vincent makes a post to convince you to buy, it's a huge fail, and he tries to spin his way out of the mistake. So, to be sure that you all see the "facts", I made a copy-paste of his entire post. See for yourselves if there is ANY mention in his post referring to some EA and overtrading. Clearly, not a word.

So perhaps Vincent should apply his own advice to himself: "Use your brain before you post and spin the next story". Oh, I just realized that most likely, you DID use your brain, and we see the sad results of that effort in your postings.
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To free Gazans of Hamas, use whatever it takes.
  • #120,751
  • Jun 15, 2021 7:36am Jun 15, 2021 7:36am
GBPUSD
When H4 rallied, did H8 rally with it??? (Why is that an important question?)
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To free Gazans of Hamas, use whatever it takes.
  • #120,752
  • Jun 15, 2021 7:37am Jun 15, 2021 7:37am
Quoting emmanuel7788
EU Jun 15 M15 and H1 - when you are wrong, just get out! {image}
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Click to Enlarge Name: EU Jun 15 H1 pipware 15-6-2021 3-58-44 pm.png Size: 70 KB

just one simple pipware chart and that is the trigger for another spinned-story.


LOL.

I was telling Tekkies about his 3 sell positions and his account was drawdown.

Just look at his 3 sell positions entry price and holding on to his trades overnight

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,753
  • Jun 15, 2021 7:42am Jun 15, 2021 7:42am
Quoting emmanuel7788
{quote} {image} just one simple pipware chart and that is the trigger for another spinned-story. LOL. I was telling Tekkies about his 3 sell positions and his account was drawdown. Just look at his 3 sell positions entry price and holding on to his trades overnight {image}

EU Jun 15 H1 buy trades closed

- was watching the price action as it approach the BRN and also the 200EMA above


- look at H4 and D1 the 50EMA and 10EMA above the PA..

- use THv CM EA to manage trades, it will save your trading capital .

Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,754
  • Jun 15, 2021 7:43am Jun 15, 2021 7:43am
Attached Image (click to enlarge)
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MA provides the market's current direction and strength.
  • #120,755
  • Jun 15, 2021 7:43am Jun 15, 2021 7:43am
Quoting emmanuel7788
{quote} {image} just one simple pipware chart and that is the trigger for another spinned-story. LOL. I was telling Tekkies about his 3 sell positions and his account was drawdown. Just look at his 3 sell positions entry price and holding on to his trades overnight {image}
I was telling Tekkies about ...
LOL. Nice try at spinning your way out. (Really, why put so much effort into it? Just say, "OOPS! You're right, I made a mistake" and move on.) No, you gave absolutely no indication that you were referring to any other post or member.

Read this post again. And also your own post here. If you find any mention of Tekkies in either of those, then you are hallucinating again.
To free Gazans of Hamas, use whatever it takes.
  • #120,756
  • Jun 15, 2021 7:54am Jun 15, 2021 7:54am
Quoting emmanuel7788
{quote} {image} just one simple pipware chart and that is the trigger for another spinned-story. LOL. I was telling Tekkies about his 3 sell positions and his account was drawdown. Just look at his 3 sell positions entry price and holding on to his trades overnight {image}
By the way, knowing that there is DOWN bias with DOWN CONTINUATIONS on larger TFs coming, it's quite a good idea to hold the sells and just wait for the drop today.

Also, I have to wonder why you are concerned about other folks going into drawdown when you have a history of it yourself? Here is just one example of 10 open trades, all in drawdown! One for 6 days! -1402.1 pips!
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To free Gazans of Hamas, use whatever it takes.
  • #120,757
  • Jun 15, 2021 9:03am Jun 15, 2021 9:03am
Quoting DrDave
{quote} By the way, knowing that there is DOWN bias with DOWN CONTINUATIONS on larger TFs coming, it's quite a good idea to hold the sells and just wait for the drop today. Also, I have to wonder why you are concerned about other folks going into drawdown when you have a history of it yourself? Here is just one example of 10 open trades, all in drawdown! One for 6 days! -1402.1 pips! {image}
Ouch!!!!!!
Now I know why there is no TE linked to what get's posted.
  • #120,758
  • Jun 15, 2021 9:17am Jun 15, 2021 9:17am
Quoting emmanuel7788
{quote} waiting for US session now going to be volatile can drop below today Open 34368 and bounce back up later in the day.... another bear day candle.
Hi EMM
Very good call. about Us30. It moves lower I got almost 1000 points in Us session. can you explain your thought process so that I could learn something new from you. Thanks in Advance.
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MA provides the market's current direction and strength.
  • #120,759
  • Jun 15, 2021 11:44am Jun 15, 2021 11:44am
I want to learn how to trade....can u guys teach me pls?
  • #120,760
  • Jun 15, 2021 12:37pm Jun 15, 2021 12:37pm
Quoting Osarojoshua
I want to learn how to trade....can u guys teach me pls?
First, go to Babypips.com and learn basics. Then go to threads that are using TDI. You could also read this thread, but only read posts#1 through #12927--until BigE died. After that, the thread started its slide down the toilet, so you won't learn much about trading then.
To free Gazans of Hamas, use whatever it takes.
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