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Trading Made Simple

  • #122,241
  • Jul 10, 2021 11:44am Jul 10, 2021 11:44am
Quoting kirinda
{quote} Maybe he changed the pair he traded because the pdf's I read he traded EJ. And he traded EJ 1H but he also had 15M/4H chart window open.
He started trading EU, after that he started trading EJ. Your right too.
MA provides the market's current direction and strength.
  • #122,242
  • Jul 10, 2021 11:45am Jul 10, 2021 11:45am
Keep happy because it is important in your trading.

Inserted Video
MA provides the market's current direction and strength.
  • #122,243
  • Jul 10, 2021 11:50am Jul 10, 2021 11:50am
Keep happy because it is important in your trading.

Inserted Video
MA provides the market's current direction and strength.
  • #122,244
  • Jul 10, 2021 12:22pm Jul 10, 2021 12:22pm
Attached Image (click to enlarge)
Click to Enlarge Name: eec10480d1e1ca0969cb8650eb806cb1.png Size: 238 KB
MA provides the market's current direction and strength.
  • #122,245
  • Jul 10, 2021 12:26pm Jul 10, 2021 12:26pm
Attached Image
MA provides the market's current direction and strength.
  • #122,246
  • Jul 10, 2021 2:53pm Jul 10, 2021 2:53pm
Quoting Tekkies
{quote} NO!!!! ....
@Tekkies

Thank you for your "NO!!!!" answer to my question. ..Post#122,192
" Are you ready to trade a USD10,000 account starting Aug 2021? Post#122,170"

This means:
1) You will not 'Follow Big E' posts in this thread'.
2) You will continue to lose money the next 36 months (3-years trading cycle).
3) You will miss that one and only chance to recover all your losses since Dec 05, 2020.
and
You will continue to top-up your TE account week after week after week.... until one day it ..................

Quoting Tekkies
{quote} Now that you have a direct answer to your question, put in writing what does "I will" mean to you regarding linking a visible forexfactory TE to what you post here in this thread.
my reply "I will...." was very clear I made in my Post#122,065 which was reply to your other post.

You need to continue work on your reading skills and do not let your emotions rule in your head.

Have a good one!

Stay Safe the Delta variant is nasty!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #122,247
  • Jul 10, 2021 2:59pm Jul 10, 2021 2:59pm
Quoting kirinda
{quote} Maybe he changed the pair he traded because the pdf's I read he traded EJ. And he traded EJ 1H but he also had 15M/4H chart window open.

Phx62 trade EA³ too and he also use an EA¹ THV CaveManager for his trade management.

EA³ = EurAud

EA¹ THV CaveManager has nice 'Preceding TP' feature which allows "Let Profits Run" and maximize profits.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #122,248
  • Jul 10, 2021 3:02pm Jul 10, 2021 3:02pm
Quoting hasib
{image}

1 to 7, §.2

§.2 traders must be humble and not be arrogant in the markets.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #122,249
  • Jul 10, 2021 3:03pm Jul 10, 2021 3:03pm
Quoting kirinda
{quote} Maybe he changed the pair he traded because the pdf's I read he traded EJ. And he traded EJ 1H but he also had 15M/4H chart window open.

Phx62 also use the yellow line and the 50-level.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #122,250
  • Jul 10, 2021 3:07pm Jul 10, 2021 3:07pm
Quoting kirinda
{quote} I working now to reduce the number of pairs I trading. So I back testing to find the pairs that have the highest profit factor and lowest draw down. For example I found out that UC doesn't fit my trading style because the draw down is high compare to other pairs (I think UC spike alot). I trade now 1H/4H like BigE.

you need to adapt your system strategy for different market type conditions.

what work for EURUSD may not work for USDCAD
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #122,251
  • Jul 10, 2021 3:15pm Jul 10, 2021 3:15pm
Quoting faktmany
{quote} Interesting! please continue.

Okay.

I will have to dig deep into my study notes ... 1997 is quite long time.

But you follow Joe Dinapoli, he has been trading for 40 years now. A lot has changed since.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #122,252
  • Edited 5:55pm Jul 10, 2021 5:35pm | Edited 5:55pm
Quoting faktmany
{quote} Interesting! please continue.
Quoting emmanuel7788
{quote} Okay. I will have to dig deep into my study notes ... 1997 is quite long time. But you follow Joe Dinapoli, he has been trading for 40 years now. A lot has changed since.

first, we try the Fib Expansion Fib-E,

we use Big E' 5-Method > APB/HA candles and 5EMA Typical Price,Shit+3.

XAUUSD Week 28 Jul 12 to 16

- to see if it will TP at COP then we have the OP.

- XOP higher up is too far away at the moment. .. and we should look at Daily and Weekly big picture.

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD Jul09 NYClose H4 Dinapoli levels 11-7-2021 8-29-11 am.png Size: 52 KB


Edit.

below Big E' 5-Method H4 chart as of NYC Jul 09,
using MT4 Fib Expansion tool.

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD H4 Jul09 NYClosed Fib-Exp11-7-2021 8-51-31 am.png Size: 52 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #122,253
  • Jul 10, 2021 6:06pm Jul 10, 2021 6:06pm
Quoting emmanuel7788
{quote} {quote} first, we try the Fib Expansion Fib-E, we use Big E' 5-Method > APB/HA candles and 5EMA Typical Price,Shit+3. XAUUSD Week 28 Jul 12 to 16 - to see if it will TP at COP then we have the OP. - XOP higher up is too far away at the moment. .. and we should look at Daily and Weekly big picture. {image} Edit. below Big E' 5-Method H4 chart as of NYC Jul 09, using MT4 Fib Expansion tool. {image}
historical performance

trading the 4H swing

Attached Image


***low risk trading idea

with COP and OP as targets

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD H4 w W1 history example.png Size: 72 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #122,254
  • Edited 6:53pm Jul 10, 2021 6:42pm | Edited 6:53pm
Quoting hasib
{quote} I completely agree with you. when I was new in this FX in 2012, I thought he is the real guru. I use to read his free article. I have learn many good things from him and I have learn many bad things from him too. I no longer read his article. But I still believe in his free article some good concept exist. He is course seller I don't like him in that point and pin bar don't work I said in here many months ago. actually Candlesticks pattern alone don't work. I purchased 2ndsky PA course, that was not that good too.
We all know how he got started in the forex trading market and then started selling his LTTTM courses.

check this out!
https://www.learntotradethemarket.co...-forex-trading
if you want to turn $50k to $400K in 3 years, with low risk trading ideas.

LTTTM is getting boring after a few years. ... repetitive stuff and articles.

Pin Bar on Daily work only under certain market conditions - 1) trending market type and 2) sideways volatile market type, just like when Swing Trading with Big E' TMS 5-Method.

EA example H1 with Daily Pin Bar

> basic rule, you need minimum 2 bars for a reversal


Attached Image (click to enlarge)
Click to Enlarge Name: Daily Pin Bar EA example.png Size: 32 KB


here in Big E thread, we learn to trade and trade Big E' 5-Method.... LTT&TBE5M
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #122,255
  • Jul 10, 2021 7:01pm Jul 10, 2021 7:01pm
Quoting emmanuel7788
{quote} We all know how he got started in the forex trading market and then started selling his LTTTM courses. check this out! https://www.learntotradethemarket.co...-forex-trading if you want to turn $50k to $400K in 3 years, with low risk trading ideas. LTTTM is getting boring after a few years. ... repetitive stuff and articles. Pin Bar on Daily work only under certain market conditions - 1) trending market type and 2) sideways volatile market type, just like when Swing...
Big E' reversal trade setup and entry was based on the Price Action True REVERSAL using the APB/HA candle #1 and #2.

Now test yourself with this H1 chart below,

which Daily Pin Bar is the better reversal setup according to Big E' trading style?

a) Pin Bar#1
b) Pin Bar#2
c) Both a) and b) are good.

Attached Image (click to enlarge)
Click to Enlarge Name: Daily Pin Bar EA example.png Size: 36 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #122,256
  • Jul 10, 2021 7:05pm Jul 10, 2021 7:05pm
For Monday Jul 12 trading:

AU H1

Attached Image (click to enlarge)
Click to Enlarge Name: AU H1 Jul 12 trading 11-7-2021 10-02-55 am.png Size: 26 KB


Attached Image (click to enlarge)
Click to Enlarge Name: AU H4 pipware Jul 09 NYC 11-7-2021 10-09-02 am.png Size: 58 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #122,257
  • Jul 10, 2021 7:06pm Jul 10, 2021 7:06pm
For Monday Jul 12 trading:


UJ H1

Attached Image (click to enlarge)
Click to Enlarge Name: UJ H1 Jul 12 trading 11-7-2021 10-03-21 am.png Size: 24 KB


Attached Image (click to enlarge)
Click to Enlarge Name: UJ H4 pipware NYC Jul09 11-7-2021 10-09-40 am.png Size: 56 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #122,258
  • Jul 10, 2021 7:06pm Jul 10, 2021 7:06pm
For Monday Jul 12 trading:


GN H1

Attached Image (click to enlarge)
Click to Enlarge Name: GN h1 Jul 12 trading 11-7-2021 10-04-32 am.png Size: 25 KB


Attached Image (click to enlarge)
Click to Enlarge Name: GN H4 pipware NYC Jlu09 11-7-2021 10-10-23 am.png Size: 61 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #122,259
  • Jul 10, 2021 7:07pm Jul 10, 2021 7:07pm
For Monday Jul 12 trading:


EG H1

Attached Image (click to enlarge)
Click to Enlarge Name: EG Hi Jul 12 trading 11-7-2021 10-03-51 am.png Size: 25 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EG H4 pipware NYC Jul09 11-7-2021 10-11-01 am.png Size: 58 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #122,260
  • Jul 10, 2021 7:12pm Jul 10, 2021 7:12pm
Quoting emmanuel7788
For Monday Jul 12 trading: EG H1 {image}

Thanks emmanuel7788 for the detailed explanations. I have been reading through this thread form the start and learning heaps.
I believe simple is best
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