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Trading Made Simple

  • #121,281
  • Jun 26, 2021 5:20am Jun 26, 2021 5:20am
Quoting emmanuel7788
{quote} UCad Jun 25 H1 NYO1 - H1 candle close, TDI updates ... - sell - PA + Momentum {image}
Attached Image (click to enlarge)
Click to Enlarge Name: UCad Jun25 H1 NYO1 25-6-2021 9-01-01 pm.png Size: 30 KB

{image}

UCad June 25 H1 trade

- jumped in too early ... should have waited for H1 candle to close and got a better entry price.

- how this trade went ... use No Loss After 10 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: UCad Jun 25 H1 trade closed No Loss After 10pips 26-6-2021 6-17-25 pm.png Size: 35 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #121,282
  • Jun 26, 2021 7:22am Jun 26, 2021 7:22am
Quoting emmanuel7788
{quote} IF you had monitored that trade, would you exit when the TDI goes flat at the close of the Doji bar or you wait for the next bar/candle? *my chart below is using the same TDI #25 as Big E'. {image} There are different exit options to consider when using a trade manager EA. {image}
My TDI was going up on the Doji. I'm used to candlestick not HA so I didn't see the Doji . Will look at the CaveManager next week.
  • #121,283
  • Jun 26, 2021 7:27am Jun 26, 2021 7:27am
Quoting emmanuel7788
{quote} UCad June 25 H1 trade - jumped in too early ... should have waited for H1 candle to close and got a better entry price. - how this trade went ... use No Loss After 10 pips. {image} {image}
So you are already using a pullback exit rule on 10pips?
  • #121,284
  • Jun 26, 2021 8:53am Jun 26, 2021 8:53am
Quoting emmanuel7788
{quote} IF you had monitored that trade, would you exit when the TDI goes flat at the close of the Doji bar or you wait for the next bar/candle? *my chart below is using the same TDI #25 as Big E'. {image} There are different exit options to consider when using a trade manager EA. {image}
The last image. What trade manager EA is that?
  • #121,285
  • Jun 26, 2021 10:43am Jun 26, 2021 10:43am
Is that you call smart money.

Inserted Video
MA provides the market's current direction and strength.
  • #121,286
  • Jun 26, 2021 12:55pm Jun 26, 2021 12:55pm
Lets understand oil Market.
see how many of you interested in Oil market.

Year 2021 is strong bull market for oil.
This month is also strong bull market for oil.
last week price move higher.

Share your chart, Draw your expectation and think on chart. And post here.
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MA provides the market's current direction and strength.
  • #121,287
  • Jun 26, 2021 12:59pm Jun 26, 2021 12:59pm
Last week in Gas market very interesting move happen.
It move more nice than oil market.
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MA provides the market's current direction and strength.
  • #121,288
  • Jun 26, 2021 1:10pm Jun 26, 2021 1:10pm
If you are trying to understand APB versus Heiken-Ashi, you got some wrong information--again ...

Take a look at this image from post #3,304. If you look carefully (or go the extra effort and make the white background on the left part transparent and the black on the right part transparent, then copy and overlay), you can see that even though one is marked "Heiken Ashi" and the other "Synergy APB" (I added the red rectangles to guide you), they are EXACTLY the same bars! OOPS!! Looks like someone screwed up again (No surprise that it has been going on since at least 2012).

So, what else might there be that is wrong in that post?
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To free Gazans of Hamas, use whatever it takes.
  • #121,289
  • Jun 26, 2021 1:13pm Jun 26, 2021 1:13pm
Lets understand gold market.
Last week gold is absolutely worse market for swing trading in H4 chart. It happens to gold.
Traders who don't have good experience with gold lose money in gold.
IMO- Trading gold market is very easy some time. Trading gold market is very very very difficult other times. Less experience trader usually afraid gold. I am in few chat room here people very afraid to trade gold.
I don't open any trade in gold last week. probably in the beginning of the week I open a small day trade, I close with small profit.

Price is in box so don't try to be smart. Market don't care about your ego. If you have ego you will lose more than you in think this market.

Most of the market recover from sharp down side move but gold does not recover. Do you think all the old experience gold trader are not smart.
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MA provides the market's current direction and strength.
  • #121,290
  • Jun 26, 2021 1:22pm Jun 26, 2021 1:22pm
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MA provides the market's current direction and strength.
  • #121,291
  • Jun 26, 2021 1:32pm Jun 26, 2021 1:32pm
DXY was slow and choppy.
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MA provides the market's current direction and strength.
  • #121,292
  • Jun 26, 2021 1:38pm Jun 26, 2021 1:38pm
DAX
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MA provides the market's current direction and strength.
  • #121,293
  • Jun 26, 2021 2:57pm Jun 26, 2021 2:57pm
Quoting hasib
Lets understand gold market. Last week gold is absolutely worse market for swing trading in H4 chart. It happens to gold. Traders who don't have good experience with gold lose money in gold. IMO- Trading gold market is very easy some time. Trading gold market is very very very difficult other times. Less experience trader usually afraid gold. I am in few chat room here people very afraid to trade gold. I don't open any trade in gold last week. probably in the beginning of the week I open a small day trade, I close with small profit. Price is in...
Buying gold at the zone shown would be the best way to trade this yellow metal imo...there are 2 paths that price might move (1) price drop to the zone and bounce up and (2) price moves up from here to the sell zone on the weekly as weekly is a sell but monthly is a buy, so in this case it's best to wait for price to come down to the buy zone as the upward move from this zone could be huge,,just my 2 cents
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the cautious seldom err....C
  • #121,294
  • Jun 26, 2021 6:25pm Jun 26, 2021 6:25pm
Quoting DrDave
If you are trying to understand APB versus Heiken-Ashi, you got some wrong information--again ... Take a look at this image from post #3,304. If you look carefully (or go the extra effort and make the white background on the left part transparent and the black on the right part transparent, then copy and overlay), you can see that even though one is marked "Heiken Ashi" and the other "Synergy APB" (I added the red rectangles to guide you), they are EXACTLY the same bars! OOPS!!...
"If you are trying to understand APB versus Heiken-Ashi, you got some wrong information--again ."

Any astute trader would have known the difference by now - that Big E' 5-Method uses the Average Price Bar (HA) from Dean Malone' Synergy system.

WE all know by now why that failed system TDA with IMT by "guru" DrDave use the traditional Heiken Ashi and is lagging behind Big E' 5-Method.

It is weekend again, and it must be extremely hard on DrDave to now learn another reason why his TDA with IMT failed badly as a trading system and he lost money again last week.

WE all know that he got banned from posting in the other TradingMadeSimple(r) thread by the OP RobinHood because he was spreading misinformation and misleading people there.

Below chart is easy to tell the differences.

Left chart is Big E' 5-Method. Green colour bar and Red colour bar are easy to read the price Open , High, Low and Close.

Right chart is TDA with IMT with the yellow bar as bearish price bar. LOL.

Attached Image (click to enlarge)
Click to Enlarge Name: TMS APB-HA vs IMT HA candles.png Size: 54 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #121,295
  • Jun 26, 2021 6:37pm Jun 26, 2021 6:37pm
Quoting emmanuel7788
{quote} "If you are trying to understand APB versus Heiken-Ashi, you got some wrong information--again ." Any astute trader would have known the difference by now - that Big E' 5-Method uses the Average Price Bar (HA) from Dean Malone' Synergy system. WE all know by now why that failed system TDA with IMT by "guru" DrDave use the traditional Heiken Ashi and is lagging behind Big E' 5-Method. It is weekend again, and it must be extremely hard on DrDave to now learn another reason why his TDA with IMT failed badly as a trading system and he lost money...

APB vs HeikenAshi

now you can see the difference better ... the APB shows the pullback much better than the tradidional HA.... and the top down change happening ... the APb change colour and has a bigger body.

Attached Image (click to enlarge)
Click to Enlarge Name: APB vs HeikenAshi.png Size: 69 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #121,296
  • Jun 26, 2021 6:48pm Jun 26, 2021 6:48pm
Quoting kirinda
{quote} So you are already using a pullback exit rule on 10pips?

That is the Capital Protection setting in THV CaveManager.
It is 10+2 pips BE+.

Attached Image (click to enlarge)
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I also set the Trail_By_Prev_Candle HL
for catching the breakouts during news event.

Attached Image (click to enlarge)
Click to Enlarge Name: THV CM Trail by Prev_Candle_HL.png Size: 53 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #121,297
  • Jun 26, 2021 6:50pm Jun 26, 2021 6:50pm
Quoting kirinda
{quote} The last image. What trade manager EA is that?

That is the trade management features in the other EA TMS_V19 based on SteveHopwood' MPTM.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #121,298
  • Jun 26, 2021 6:53pm Jun 26, 2021 6:53pm
Quoting emmanuel7788
{quote} APB vs HeikenAshi now you can see the difference better ... the APB shows the pullback much better than the tradidional HA.... and the top down change happening ... the APb change colour and has a bigger body. {image}

APB shows a True REVERSAL candle ... the HA is doubtful????

same chart...

your sell entry would be the bar/candle after the True REVERSAL candle.
in such situation, you do not wait for the setup candle to close below its 5EMA.

Attached Image (click to enlarge)
Click to Enlarge Name: APB vs HeikenAshi.png Size: 77 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #121,299
  • Jun 26, 2021 6:59pm Jun 26, 2021 6:59pm
Quoting emmanuel7788
{quote} hi kwkpr #Blessing3 aka B3 you provide so little information it is not possible to help you resolve your problem. I run this version for 10 years and do not have any problem with live account. My experience so far is only one broker stop allowing expert advisors including Blessing3 EA. click to { download } after you downloaded the version link above, I will explain how to set up and run TMS 5-Method. most members in the telegram groups are...

PM Q&As

Q. I get a few PMs asking me about the GBPUSD trades and the large $$$profit.

A. See my trade entries on this chart below. It is Weekly chart trading the reversal candle. These are Daily/Weekly swing trades with multiple entries multiple exits.

Do you see why it is so important that we TMS traders learn why the OP Big E used the APB candles.

Attached Image (click to enlarge)
Click to Enlarge Name: TMS EVO B3 plus GU weekly trades 26-6-2021 8-58-04 am.png Size: 39 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #121,300
  • Jun 26, 2021 7:12pm Jun 26, 2021 7:12pm
Quoting tommydoginti
{quote} {quote} The question was concerning why not enter on candle # 3. In this example the TDI indicates taking the trade on candle # 1. Had you entered on candle # 3 you would have been two candles late for the CORRECT ENTRY. Because a reversal normall runs 3-8 candles we were fortunate it has run so many candles... The idea about entering on candle 1 or 2 if you get the TDI signal is if it only goes 3 candles you should get on average at least some profit... especially on higher time frames. Luck is needed in trading, but why test out luck to...

"Luck is needed in trading, but why test out luck to its limit?"

LOL. IF you live in Hong Kong and you travel to visit Macau' casino there you will need Luck ... lots of it!

But when we are trading the markets for living expenses, we need a lot market knowledge and trading skills, plus thousands of live trading hours experience which develop our brains which is where our trading 'neural network' reside.

Every trade outcome win or loss will add one white wire to our 'neural network'.


Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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