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Trading Made Simple

  • #121,381
  • Jun 28, 2021 3:36am Jun 28, 2021 3:36am
Quoting Tekkies
{quote} Kirinda, try to enter at the beginning of candle 1 or 2. Where you have entered based on the chart posted almost the top of the candle and end of the hour. Pay attention to sup/res level's aswell. - How many candles did price sliced is a good indication if price is in consolidation or not / in or close to sup/res level's {image}
Tekkies, can you explain a little more about this because I do not understand. I thought my entry was good.

Edit: Tekkies, forget this post because you have updated your post with images that explain what you mean.
  • #121,382
  • Jun 28, 2021 3:57am Jun 28, 2021 3:57am
Quoting kirinda
Short 1H AC: {image}
9322 is the H4 support and 9300 all round support GL..price is currently at 9324
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the cautious seldom err....C
  • #121,383
  • Jun 28, 2021 4:02am Jun 28, 2021 4:02am
Quoting kirinda
Long 1H ZJ (close to resistance so I will monitor it closely): {image}

you took some risk knowing there is resistance to the left of your entry candle.

you are using the real-time version of the TDI which updates on every price tick therefore you must look back to the last 3 bars when you see a TDI setup.
If you use the TDI#25, you only look, back and check the last 2 bars price action at the close of the setup bar/candle.

but look at the overall price action of your H1 chart.
I see several consolidation ranges (yellow boxes) those are Master Candles. I avoid trading this chart when I see several MCs.

But when you want to trade these market conditions, then drop to one timeframe lower and trade the H1 Master Candle high-low as support and resistance, and catch the breakout.

If you look at M15, you could have taken a M15 trade buy at the h1 Master Candle low as support.

Attached Image (click to enlarge)
Click to Enlarge Name: kirinda NJ H1 trade POMO 28-6-2021 4-48-26 pm.png Size: 210 KB



Attached Image (click to enlarge)
Click to Enlarge Name: NJ Jun28 M15 POMO 28-6-2021 5-01-41 pm.png Size: 34 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #121,384
  • Jun 28, 2021 4:04am Jun 28, 2021 4:04am
Quoting emmanuel7788
{quote} you took some risk knowing there is resistance to the left of your entry candle. you are using the real-time version of the TDI which updates on every price tick therefore you must look back to the last 3 bars when you see a TDI setup. If you use the TDI#25, you only look, back and check the last 2 bars price action at the close of the setup bar/candle. but look at the overall price action of your H1 chart. I see several consolidation ranges (yellow boxes) those are Master Candles. I avoid trading this chart when I see several MCs. But when...
LOL
To free Gazans of Hamas, use whatever it takes.
  • #121,385
  • Jun 28, 2021 4:05am Jun 28, 2021 4:05am
Quoting hasib
Tekkies let me help you. Watch this video Start trading with BBMA Stop using TDI. I hope you will get your trading success with BBMA like lot of people get their success with BBMA. I am very honest with you I have Never seen one person who traded TMS as it is and get trading success. https://youtu.be/YV2kTNtlovc
this guy is not trading bbma
the cautious seldom err....C
  • #121,386
  • Jun 28, 2021 4:16am Jun 28, 2021 4:16am
some one think bbma chart has more lines than TMs..guess the stoch and tdi are not lines
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the cautious seldom err....C
  • #121,387
  • Jun 28, 2021 4:26am Jun 28, 2021 4:26am
Quoting Tekkies
{quote} Don't need 1000:1. Only one trade Jmn or a few good ones with a sizable lot size. ---- The problem is Jmn, you don't know the account size, lot size, or have any related information to make a sound judgment if that account can be saved or not. At best what members do post is assumption / speculations.
I agree, I do not know account size, or lot size. I do know the risk of ruin equation, however.

Have you seen that?

I am pulling for you Tekkies, I still wonder how you let things get so out of hand with that account.
If you are good at something, never do it for free--Joker
  • #121,388
  • Jun 28, 2021 4:27am Jun 28, 2021 4:27am
Guys, anyone can help me with post number #121307

And also about my entry below, im doing wrong?
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  • #121,389
  • Jun 28, 2021 4:31am Jun 28, 2021 4:31am
Quoting pips29
some one think bbma chart has more lines than TMs..guess the stoch and tdi are not lines {image} {image}
Guess that you are using to many lines!
#119...... Only red and green lines (double thickness) and remove the others...
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  • #121,390
  • Jun 28, 2021 4:40am Jun 28, 2021 4:40am
Quoting DrDave
{quote} LOL

TMS 5-Method is all about Post#261 and Post#647.

No need for your TDA with IMT crap which is lagging Big E' TMS 5-Method.


No need for IMT to speculate H2 H8 "overdue to fall ... crap". Simply follow price action and the APB/HA candles and its 5EMA Typical Price, Shift+2.

Trade what we see and be disciplined.


Attached Image (click to enlarge)
Click to Enlarge Name: kirinda NJ H1 trade POMO 28-6-2021 4-48-26 pm.png Size: 210 KB


Attached Image (click to enlarge)
Click to Enlarge Name: NJ Jun28 M15 POMO 28-6-2021 5-01-41 pm.png Size: 34 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #121,391
  • Jun 28, 2021 4:44am Jun 28, 2021 4:44am
Quoting Tekkies
{quote} Guess that you are using to many lines! #119...... Only red and green lines (double thickness) and remove the others... {image}
if 2 lines is enough to make you profitable then use 2 lines , if 10 lines make you profitable then use 10...it's as simple as that, wtf you people complaining
the cautious seldom err....C
  • #121,392
  • Jun 28, 2021 4:48am Jun 28, 2021 4:48am
Quoting jmn5611
{quote} I agree, I do not know account size, or lot size. I do know the risk of ruin equation, however. Have you seen that? I am pulling for you Tekkies, I still wonder how you let things get so out of hand with that account.
What is that equation based on?
"probability"
https://www.investopedia.com/terms/r/risk-of-ruin.asp
"The probability of ruin is approximately"
https://en.wikipedia.org/wiki/Risk_of_ruin
"Also known as the probability of ruin"
https://www.money-zine.com/definitio.../risk-of-ruin/

What does risk of ruin equation help you when it is based on assumption?
>Nothing.
  • #121,393
  • Jun 28, 2021 4:52am Jun 28, 2021 4:52am
Quoting pips29
{quote} if 2 lines is enough to make you profitable then use 2 lines , if 10 lines make you profitable then use 10...it's as simple as that, wtf you people complaining
Guess you were not complaining?
"some one think bbma chart has more lines than TMs..guess the stoch and tdi are not lines"
  • #121,394
  • Jun 28, 2021 4:58am Jun 28, 2021 4:58am
Quoting kirinda
Short 1H AC: {image}

I see a big candle to the left !
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #121,395
  • Jun 28, 2021 5:20am Jun 28, 2021 5:20am
Quoting pips29
{quote} if 2 lines is enough to make you profitable then use 2 lines , if 10 lines make you profitable then use 10...it's as simple as that, wtf you people complaining
He is complaining because he is losing money. Now he doesn't want take responsibility. I agree with you if 10 line makes money why not use them.
MA provides the market's current direction and strength.
  • #121,396
  • Jun 28, 2021 5:27am Jun 28, 2021 5:27am
Quoting pips29
{quote} this guy is not trading bbma
i know your a BBMA trader, perhaps you can teach us some inside about BBMA. I don't know about others, I will learn from you. I only know BBMA 3 TF entry.
MA provides the market's current direction and strength.
  • #121,397
  • Jun 28, 2021 5:46am Jun 28, 2021 5:46am
Quoting hasib
{quote} i know your a BBMA trader, perhaps you can teach us some inside about BBMA. I don't know about others, I will learn from you. I only know BBMA 3 TF entry.
I only know BBMA 3 TF entry.
Nice to see that you are progressing in the concept of using multiple time frames!!

But you'll have better results if you progress to a platform that has all of those "missing" TFs that MT4 does not have buit-in.
To free Gazans of Hamas, use whatever it takes.
  • #121,398
  • Jun 28, 2021 5:52am Jun 28, 2021 5:52am
Quoting jmn5611
{quote} I agree, I do not know account size, or lot size. I do know the risk of ruin equation, however. Have you seen that? I am pulling for you Tekkies, I still wonder how you let things get so out of hand with that account.
Trust me He don't know risk of ruin at all.
I have look at his TE. I have seen his trade. he don't know risk of ruin I am sure about it.
MA provides the market's current direction and strength.
  • #121,399
  • Jun 28, 2021 5:55am Jun 28, 2021 5:55am
Quoting hasib
{quote} i know your a BBMA trader, perhaps you can teach us some inside about BBMA. I don't know about others, I will learn from you. I only know BBMA 3 TF entry.
If you understand 3 tf analysis well, then you should be ok..btw I'm not a guru, just sharing ..if you are trading M15 and below my recommendation is to use H1 and then H4 to help you along..which pair do you want to look at?
the cautious seldom err....C
  • #121,400
  • Edited 6:19am Jun 28, 2021 6:01am | Edited 6:19am
Quoting hasib
{quote} I agree with you using clean chart is good for decisions making But our fake guru come here every day say why people add anything with TMS. yet He post non TMS chart here every day he don't look at himself. He recommend trading 20 different TF analysis before opening a trade. Because of those people lot of new trader losing money.
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Thank you SO MUCH, Hasib, for showing your strong support of Intrinsic Market Timing and how it is the REVOLUTION in the TMS EVOLUTION!

You chose good examples to post, because they have a variety of indicators, any one of which can be used with IMT to gain profits.

TDI (RSI)
MACD
MAs
Donchian channel
stochastic
and many others

Perhaps the fog of confusion is dissipating now, and soon you will be able to grasp that the success of IMT is not due to which indicator that you choose to use, but it is the interplay of the various TFs.
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To free Gazans of Hamas, use whatever it takes.
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