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Trading Made Simple

  • #121,461
  • Jun 29, 2021 4:34am Jun 29, 2021 4:34am
Quoting emmanuel7788
{quote} LMAO. OP of his failed trading system never got above 65% win rate with positive 5R Expectancy. Look at his 98.8% win rate .... that's useless {image}
Nice attempt to fool the readers!
Try this instead.
Attached Image
To free Gazans of Hamas, use whatever it takes.
  • #121,462
  • Jun 29, 2021 4:35am Jun 29, 2021 4:35am
Quoting emmanuel7788
{quote} @Tekkies BTW, have you found all the youtube videos which Big E mentioned in the past about how he would test "stack TDI"? shall I post some live trades examples using the "stack TDI"?
Before you post about "stack TDI", post where this thread is not about TDI green cross red.

Am sure the readers would love to read how you are going to wiggle your way out of this:
"he still has not got it that this thread is not about trading TDI cross."
  • #121,463
  • Jun 29, 2021 4:37am Jun 29, 2021 4:37am
Quoting emmanuel7788
{quote} @Tekkies you have no clue what is m1m5m15 setup candle is. You still have not learned nor mastered Big E trading his 5-Method.... you have a very very long way to go. Your posts say so. Your TE shows us and confirms that you cannot trade. m1m5m15 setup candle is how I trade according to his Post#2617 ... I trade PA without Stoch and TDI. Another example of a m1m5m15 setup catching the momentum and the break of TOK_5H low. TOK_5h low is a price level. I catch the m1m5m15...
"I trade PA without Stoch and TDI."
Now why would you have Stoch and TDI on your chart? You don't use them so get rid of them.
(My mistake. I t will mean you can no longer post in this thread that use those two indicators.)

By the way Emmanuel, you better check that TDI settings you are using.
TDI was on time with that trade you are trying to use to promote m1m5m15.
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  • #121,464
  • Jun 29, 2021 4:39am Jun 29, 2021 4:39am
Quoting ladharimoham
What you guys think about this entry ? {image}
I am looking at reversal on GBP pairs in this or next retest. I entered long at 1.384 on GU and now BE and just let it run. If it runs into my SL then I will wait for next buy setup.

GJ was in ~50% retracement after spike up. I usually avoid trading into levels which I anticipate price reactions

trade well
  • #121,465
  • Jun 29, 2021 4:42am Jun 29, 2021 4:42am
Quoting tommydoginti
{quote} I am looking at reversal on GBP pairs in this or next retest. I entered long at 1.384 on GU and now BE and just let it run. If it runs into my SL then I will wait for next buy setup. GJ was in ~50% retracement after spike up. I usually avoid trading into levels which I anticipate price reactions trade well
something like this... trying something new with PA but is TDI green bounce red buy signal triggered


Attached Image (click to enlarge)
Click to Enlarge Name: 92183CA1-8A73-4F8D-B79E-2CB986F49C8D.png Size: 344 KB
  • #121,466
  • Jun 29, 2021 4:43am Jun 29, 2021 4:43am
Quoting Tekkies
{quote} "I trade PA without Stoch and TDI." Now why would you have Stoch and TDI on your chart? You don't use them so get rid of them. (My mistake. I t will mean you can no longer post in this thread that use those two indicators.) By the way Emmanuel, you better check that TDI settings you are using. TDI was on time with that trade you are trying to use to promote m1m5m15. {image}
TDI was on time with that trade you are trying to use to promote m1m5m15.
But he already posted that the m1m5m15 was a LATE ENTRY! So, he simply confirms that he found yet another system that is inferior to the 5-method.

Quoting Vincent
- late entry thanks to m1m5m15 setup candle
To free Gazans of Hamas, use whatever it takes.
  • #121,467
  • Jun 29, 2021 4:46am Jun 29, 2021 4:46am
Quoting emmanuel7788
{quote} @Tekkies you have no clue what is m1m5m15 setup candle is. You still have not learned nor mastered Big E trading his 5-Method.... you have a very very long way to go. Your posts say so. Your TE shows us and confirms that you cannot trade. m1m5m15 setup candle is how I trade according to his Post#2617 ... I trade PA without Stoch and TDI. Another example of a m1m5m15 setup catching the momentum and the break of TOK_5H low. TOK_5h low is a price level. I catch the m1m5m15...
@Tekkies
you have no clue what is m1m5m15 setup candle is.
And the beautiful thing is, YOU DON'T NEED TO KNOW IT! The 5-method is all you need for making profits.
To free Gazans of Hamas, use whatever it takes.
  • #121,468
  • Jun 29, 2021 4:51am Jun 29, 2021 4:51am
Quoting ladharimoham
What you guys think about this entry ? {image}
You are using the wrong TDI indicator.
Use the TDI indicator that BigE used > Post#25
---
Try to enter at the beginning of the candle TDI has crossed over.
  • #121,469
  • Jun 29, 2021 4:53am Jun 29, 2021 4:53am
Quoting tommydoginti
{quote} I am looking at reversal on GBP pairs in this or next retest. I entered long at 1.384 on GU and now BE and just let it run. If it runs into my SL then I will wait for next buy setup. GJ was in ~50% retracement after spike up. I usually avoid trading into levels which I anticipate price reactions trade well
I am looking at reversal on GBP pairs in this or next retest.
Good eye! When the RALLIES are seen on M1/M5, then we are going for another round of trying to move price up to make the RETRACEMENT swing on the D2. However, it is more likely that there will be more rounds of cycling below that and not a direct run of rallies through the TFs.

That is why playing "follow the leader" and getting the focus TF correct are important for picking the best setups.
To free Gazans of Hamas, use whatever it takes.
  • #121,470
  • Jun 29, 2021 4:58am Jun 29, 2021 4:58am
Quoting tommydoginti
{quote} I am looking at reversal on GBP pairs in this or next retest. I entered long at 1.384 on GU and now BE and just let it run. If it runs into my SL then I will wait for next buy setup. GJ was in ~50% retracement after spike up. I usually avoid trading into levels which I anticipate price reactions trade well
Hi tommy,
Can you please tell me what makes you expect a reversal as i checked the daily trend and i saw a good move down going. Thanks
  • #121,471
  • Jun 29, 2021 5:00am Jun 29, 2021 5:00am
Quoting tommydoginti
{quote} something like this... trying something new with PA but is TDI green bounce red buy signal triggered {image}
Nice idea.

But when there is only a new SWING but not an indication of a new TREND on a TF, I prefer to look at a lower TF for a retracement and continuation there.

The left Vline on M1 is the start of the marked M5 bar. The right Vline is the buy continuation.

I would target smaller TP now because the ATR is rather low.

Attached Image (click to enlarge)
Click to Enlarge Name: 080d93b7c00b7d6661c1e7d87c8d4daf.png Size: 69 KB
To free Gazans of Hamas, use whatever it takes.
  • #121,472
  • Jun 29, 2021 5:02am Jun 29, 2021 5:02am
Quoting ladharimoham
What you guys think about this entry ? {image}

TMS_V19 Jun 29 London session

Attached Image (click to enlarge)
Click to Enlarge Name: TMS_V19 H4 Jun 29 London session 29-6-2021 6-01-16 pm.png Size: 75 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #121,473
  • Jun 29, 2021 5:04am Jun 29, 2021 5:04am
Quoting ladharimoham
{quote} Hi tommy, Can you please tell me what makes you expect a reversal as i checked the daily trend and i saw a good move down going. Thanks
To put it the simplest way without going into technical details, no matter I trade a trend trade or reversal trade, I almost always look for counter-trend entries. If it’s a sell, then I counter a upswing.

Your analysis on GJ being downtrend has no problem. I don’t think anyone can predict when a trend stops. But I don’t chase the price, that’s my no.1 rule.
  • #121,474
  • Jun 29, 2021 5:07am Jun 29, 2021 5:07am
Quoting eelfranz
Your safest trades will always be when green crosses red and you enter on candle 1 or 2... odds are in your favor. Why? Because I'm expecting 3-8 candles... which is average... With bounce trades the odds are lower for your success... but it still works. When wanting to enter a TDI trade... take a moment first to observe basic 4x things... like: How close am I to the previous high or lo Am I in an uptrend or downtrend.. short & long term... Am I in or close to a consolidation area Are the previous candles small... Look at the candles on the last...
This pretty much summarised my PA analysis. The exact rules are to be developed by the traders.
  • #121,475
  • Jun 29, 2021 5:10am Jun 29, 2021 5:10am
Quoting Tekkies
{quote} You are using the wrong TDI indicator. Use the TDI indicator that BigE used > Post#25 --- Try to enter at the beginning of the candle TDI has crossed over.
Hi tekkies,
I prefer this one because it repaints in real time plus it has the slopes info on it, I was doubting that entry because the cross is not clear but i liked the momentum.
  • #121,476
  • Jun 29, 2021 5:11am Jun 29, 2021 5:11am
Here is a good example of some benefits that the TDI can provide.

Notice the TDI in the white rectangle has gone nearly flat in a small range, whereas price continues to climb. Because TDI is based on RSI, which is, loosely speaking, a ratio of "ups" to "downs", it is clear that while the price continues up, the "ups' are losing ground, telling you to be alert for a change to down. WHEN then change will kick in is not known: That is why we WAIT and play "follow the leader".
Attached Image
To free Gazans of Hamas, use whatever it takes.
  • #121,477
  • Jun 29, 2021 5:25am Jun 29, 2021 5:25am
Quoting DrDave
{quote} Nice idea. But when there is only a new SWING but not an indication of a new TREND on a TF, I prefer to look at a lower TF for a retracement and continuation there. The left Vline on M1 is the start of the marked M5 bar. The right Vline is the buy continuation. I would target smaller TP now because the ATR is rather low. {image}
I also do MTF. So while entry was on m5, the bias and expected SLTP are based on HTF.
  • #121,478
  • Jun 29, 2021 5:27am Jun 29, 2021 5:27am
Quoting emmanuel7788
{quote} TMS_V19 Jun 29 London session {image}
Hi Emmanual,
Im still wiring my neural network , seeing that screenshot i see a downtrend so my mind tells me its fine to go short. Can you please give me some details. Thanks
  • #121,479
  • Jun 29, 2021 6:16am Jun 29, 2021 6:16am
Quoting ladharimoham
{quote} Hi Emmanual, Im still wiring my neural network , seeing that screenshot i see a downtrend so my mind tells me its fine to go short. Can you please give me some details. Thanks
Hi

It is quite simple. Big E said in his Post#281 :

" Don't get fired ! Just make the necessary transition to trading 4hr charts during the London session... or Daily charts."

TMS_V19 EA provide all the important information at a glance.

The H4 candle at FO and LO below its 5EMA and is trending lower. So we trade following this 4hr price action.
FO and LO are both happening in this 4hr candle ... its H4 dynamic candle trade entry so I use m1m5m15 for entry for the best setup entry. The rest is money management and use my 'neutral network' 10,000 hours experience.

It is the same when Big E trade H1 during the New York session. He follow the 4hr price action most of the time and his trades wouls last 2 to 3 candles only. He traded 2 to 4 standard lots in one single entry trade.

All these is what Trading Made Simple is about. We do not need all that crap TDA with IMT ... another failed system in FF.


Attached Image (click to enlarge)
Click to Enlarge Name: GJ Jun 29 H4 London session 29-6-2021 7-10-10 pm.png Size: 76 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #121,480
  • Jun 29, 2021 6:23am Jun 29, 2021 6:23am
Quoting emmanuel7788
EA Jun 29 LO - late entry thanks to m1m5m15 setup candle {image}
EA Jun 29 trade update:

- that m1m5m15 entry happen during the 4hr candle FO and LO.

- if you look at the overall price action, that is also a TTE 1,2,3 trade.

- all 2 TPs TP1 TP2 and TP 3 hit targets

- the remaining would be bonus the market will give me later.

Trade EA EurAud using another EA THV CaveManager to manage my TP exits.

I spend my time looking for other trades...

Attached Image (click to enlarge)
Click to Enlarge Name: EA Jun 29 H1 trade update TP 1 2 3 29-6-2021 7-20-04 pm.png Size: 43 KB


TTE 1 2 3

Attached Image (click to enlarge)
Click to Enlarge Name: EA Jun 29 H1 trade update TTE 1 2 3.png Size: 46 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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