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Trading Made Simple

  • #123,621
  • Aug 27, 2021 12:22am Aug 27, 2021 12:22am
Quoting emmanuel7788
{quote} Long:Green>Red>yellow, Green > 50 line Short:Green<Red<yellow, Green < 50 line {image} Big E was a scalper. even when he scalp he would scalp the 4hr. https://www.forexfactory.com/thread/...04#post4517204 https://www.forexfactory.com/thread/...56#post4569656 https://www.forexfactory.com/thread/...56#post4569656
Even with the moderate version you get a lot of trade opportunities.

Yes, BigE was a scalper with large stop loss and large risk per trade. In addition he got out of the trades very fast.
  • #123,622
  • Aug 27, 2021 12:57am Aug 27, 2021 12:57am
Quoting jmn5611
{quote} The sadness tommy is that he is not man enough to say he is clearly lost and ask for help. He clearly is not in any thinking profession, as thinkers understand that being wrong is a part of getting better.
I do not oppose discussions and constructive argument with others, given the arguments are objective. I am all ears and absolutely curious what evidence can one present when saying a thing doesn't work. If the information is comprehensive enough it helps traders to understand what can be avoided. In the past I pointed out some lies and corrections to misconceptions evidenced by existing content here.

Sadly some are so self-centered (narcissists?) they take it personal when exposed. Since the beginning the discussions are based on facts and systems not the persons.

I am glad to meet a few members who can engage in a intellectual discussions and eventually work together on some ideas.

In fact I really love know if one has carefully and accurately back-tested the systems that "don't work", instead of a trader "unable to trade the system". That is very valuable

===

I see someone said this,
"Then there are limitless numbers of people who do not know how to learn, cannot teach worth a crap, and sit around telling everyone else how it "can't" be done."

The we saw this,
"Now you know 2 system don't work
1. TMS
2. DBB"

And this,
"I can understand I hurt your feelings, that's what happen when people use BS system and with a little success starting jumping like they are top of the world.
Keep jumping. market will teach you good thinks."

Moreover,
"Support and resistance don't' work"

The most interesting is while he mostly day trade by "thinking" market would go up or down...
"Manual trading Do not work!!!
Day trading Do not work!!!!"

But I think we have the actual answer here.
"Only thing you should remember about elliott wave is Elliott Waves Not work.
At list (least) not work for me."

Sadly some are so self-centered (narcissists?) they take it personal when exposed. Since the beginning the discussions are based on facts and systems not the persons.
  • #123,623
  • Aug 27, 2021 12:59am Aug 27, 2021 12:59am
Quoting jmn5611
I had amend my last post. I met Davit very early when I got to this site. He used to have the TDI on his charts. Time passed and acquired the ability to read charts naked. Before that he openly posted wins and losses with each system he tried. He never said anything was BS. He never used newbie to put people down. He never pretended he was better then anyone else. The only thing he did say was that his latest rendition needed an experienced trader lest you lose money and try to blame it on him. He was widely criticized over the years for holding...
Your post recalls my memory of the EURNZD "Red Christmas" with >200pips DD...

Buying at tops and adding to losing positions for weeks. That's clearly not how BigE's TMS trades.
  • #123,624
  • Aug 27, 2021 1:14am Aug 27, 2021 1:14am
Quoting tommydoginti
{quote} Medium term Reversal was confirmed. So SELL re-entry upon TDI green cross red as of TMS TP to strong support (look left). 5.29R {image}{image}
I got inquiry on how I analyze the chart and anticipate setups.

The answers is just as before. TDI green cross/bounce red plus PA analysis.
Keep the rules simple. Granted it is not easy to trade even with simple rules.

#285
Simple rules, easy TDI entries and exits... fine tune it to your understanding... don't add anything... don't complicate it.

For instance, I use mostly 4 indications. How much one can interpret the market conditions and exercise at what level of expertise depends on the traders' knowledge.

1) TDI green/red (Heart of BigE's TMS)

#647
When wanting to enter a TDI trade... take a moment first to observe basic 4x things... like:

2) How close am I to the previous high or lo

3) Am I in an uptrend or downtrend.. short & long term...

4) Look at the candles on the last reversal... big, little, what

Just like the 2 GU sells last night, the reason of SELL and the timing can be pretty much explained in a simple chart and using the 4 factors alone.

Attached Image (click to enlarge)
Click to Enlarge Name: 6f59dedbf344e2891c389c2789810014.png Size: 128 KB

Start learning your TMS with parameters BigE used. Then you can develop further from there.
  • #123,625
  • Aug 27, 2021 1:25am Aug 27, 2021 1:25am
Quoting tommydoginti
{quote} I got inquiry on how I analyze the chart and anticipate setups. The answers is just as before. TDI green cross/bounce red plus PA analysis. Keep the rules simple. Granted it is not easy to trade even with simple rules. #285 Simple rules, easy TDI entries and exits... fine tune it to your understanding... don't add anything... don't complicate it. For instance, I use mostly 4 indications. How much one can interpret the market conditions and exercise at what level of...
Once one is proficient enough then can develop better rule sets to further improve performance.

The one above would be what I do in early times. That would lead to one small Sell to previous LH.

Below is better resembling my actual analysis.
Note I am still considering only 4 things.

1) TDI green cross/bounce red
2) Previous H/L
3) Rejection of H/L
4) Trend.

Development is to improve performance, not changing/complicating the fundamental rules or altering the nature of the trade system. To simplify is even better

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  • #123,626
  • Aug 27, 2021 1:54am Aug 27, 2021 1:54am
Quoting eelfranz
Don't contact Dean Malone about the TDI. The way he uses it for his method is 180 degrees from how we use it... you need to learn how to use it our way... The TDI is the heart of our method. It tells you when to enter and where to exit any trades... so review previous posts and learn it good. HA Candles are important because it makes your trading way less stressful... use them. Stoch's is nothing but confirmation. If Stoch's & the TDI give different signals... lights flash off and on warning me to take a closer look before entering.. and usually...
Post#261

The TDI is the heart of our method. It tells you when to enter and where to exit any trades... so review previous posts and learn it good.
HA Candles are important because it makes your trading way less stressful... use them.
Stoch's is nothing but confirmation. If Stoch's & the TDI give different signals... lights flash off and on warning me to take a closer look before entering.. and usually I look for another trade.
5 ema... shows direction currently... only wanting to enter on candle 1 or two. If there is a reversal do I have a TDI signal to enter... if not and all looks strong then enter on candle 2... use some discretion... practice on Demo... take some chances and see if yor head computer was right... it's free.
HA Candles... What are their size? If they are small I will usually go find another set up... Look for consolidation... look for how close PA is to supp/res levels... use your brain !

> new traders coming to this thread should start with and learn the basics as in Post#261.

> only after you have mastered the method, then you can develop your own trading system based on Big E 5-Method.

CADJPY Aug 27 Frankfurt Open

- PA consolidation seen with the H1 Master Candle,

- then the reversal candle with Stoch slope and RSI green price line slope + 7.2 which is a bounce from the previous slope -1.5

- the current FO candle is bullish as we see in the dynamic TDI green data displayed.

Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #123,627
  • Aug 27, 2021 1:55am Aug 27, 2021 1:55am
Davit You come here with your 10 other Buddies Fight with an idiot (according to you) . Ask your self what you are doing.
I have no intention to fight but Demonstrate the problem and possible solution from me or other traders who have experience.

Your buddy jmn5611 First attack me about my Language.
Your Attacking my nationality.
your Buddy tommydoginti he don't understand discretionary trading, He develop new term Half discretionary. I don't know how many of you know there is nothing called Half discretionary. He started trading for 9 month he is giving me lot of advice I ask him to stop after that I called stupid.
Davit your buddy Takkies lost live account with TDI trading, Before he losing account he Teach others how to trade, He tried to teach others what he don't know.
Your others buddies propagating Different false acquisitions against me.

You all are doing racist activity, Just because I told 65% return in a month is risky. why your so exposed when I say 65% return in a month is gambling. You said your a gambler, so why you are offended by your own words.

Those who are interested keep reading
We will discus more about pivot trading system?
why there is no specific entry rules in Pivot trading?
Why there is no specific exit rules in pivot trading?
why pivot guru hold his loss month after month?
How to manage discretionary trading floating loss?
why pivot guru put people ignore list when they ask questions?
why pivot guru hide behind fundamentals when market have big move with the trend?
why counter trend trading is risk when market started to move with a directions?
why many times fundamentals fails to determine the market directions?

Davit Calling me idiot, stupid other special words will not stop me to discuss those thinks. Insulting me will not help you gain anything.
Lets work together to find the answer.
"10% Happier: How I Tamed the Voice in My Head, Reduced Stress Without Losing My Edge, and Found Self-Help That Actually Works--A True Story
Dan Harris [COLOR=#565959 !important](Author) "[/color]
[COLOR=#565959 !important]Read this book, [/color]Davit[COLOR=#565959 !important] [/color]
I hope you not be offended after reading this book. Don't act as a racist .
Your 10 other buddies are welcome in the discussion. I have patience No problem.
MA provides the market's current direction and strength.
  • #123,628
  • Aug 27, 2021 2:46am Aug 27, 2021 2:46am
Quoting hasib
Davit You come here with your 10 other Buddies Fight with an idiot (according to you) . Ask your self what you are doing. I have no intention to fight but Demonstrate the problem and possible solution from me or other traders who have experience. Your buddy jmn5611 First attack me about my Language. Your Attacking my nationality. your Buddy tommydoginti he don't understand discretionary trading,...
Why bring me into your battles?
You dug this hole you are in yourself with your condescending post's.

Have notice you ignored Post 123,486: Can you show readers how you back tested TMS, please. >Why?
Is it because you did not or is it because it is not possible to refresh a chart every 4 hour's in back testing.
  • #123,629
  • Aug 27, 2021 3:11am Aug 27, 2021 3:11am
Quoting emmanuel7788
{quote} Post#261 The TDI is the heart of our method. It tells you when to enter and where to exit any trades... so review previous posts and learn it good. HA Candles are important because it makes your trading way less stressful... use them. Stoch's is nothing but confirmation. If Stoch's & the TDI give different signals... lights flash off and on warning me to take a closer look before entering.. and usually I look for another trade. 5 ema... shows direction currently... only wanting to enter on candle 1 or two. If there is a reversal do I have..
Attached Image (click to enlarge)
Click to Enlarge Name: CADJPY Aug 27 H1 FO 27-8-2021 2-46-39 pm.png Size: 66 KB



.

CADJPY Aug 27 H1 update London 9am

- FO closed with slope 3.0 and LO candle tweek to 5.8

- do you buy now when it is the 4th candle HA candle?

Attached Image (click to enlarge)
Click to Enlarge Name: CADJPY Aug 27 LO2 9am 27-8-2021 4-05-55 pm.png Size: 71 KB





-
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #123,630
  • Aug 27, 2021 3:17am Aug 27, 2021 3:17am
EURAUD Aug 27 H4 London 9am

- with 45 mins to H4 close

- what you do is your business...


Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #123,631
  • Aug 27, 2021 3:20am Aug 27, 2021 3:20am
Quoting hasib
Your buddy jmn5611 First attack me about my Language.
I did not attack you about your language in a racist sense. Your grammar and diction are horrible. That is a simple fact. If you are going to be asinine at least do it properly. Trying to insult people with bad English just makes you look silly.

Those who are interested keep reading We will discus more about pivot trading system?

I certainly hope so.

why there is no specific entry rules in Pivot trading?

There are.

Why there is no specific exit rules in pivot trading?

There are.

why pivot guru hold his loss month after month?

It takes time for markets to return to the mean.

How to manage discretionary trading floating loss?

This is just lazy. Develop your own risk management.

why pivot guru put people ignore list when they ask questions?

Only happens when a poster has proven that they cannot be bothered to read the thread or use the search function.

why pivot guru hide behind fundamentals when market have big move with the trend?

There is a section in FF called the calendar. Learn it.

why counter trend trading is risk when market started to move with a directions?

What? Have you heard of Excel? Get acquainted with it and run statistics.


why many times fundamentals fails to determine the market directions?

Fundamentals will always win, maybe not on your timeline. Adapt.

Your 10 other buddies are welcome in the discussion. I have patience No problem.

I gladly accept, thank you.
If you are good at something, never do it for free--Joker
  • #123,632
  • Aug 27, 2021 3:53am Aug 27, 2021 3:53am
Quoting hasib
Davit You come here with your 10 other Buddies Fight with an idiot (according to you) . Ask your self what you are doing. I have no intention to fight but Demonstrate the problem and possible solution from me or other traders who have experience. Your buddy jmn5611 First attack me about my Language. Your Attacking my nationality. your Buddy tommydoginti he don't understand discretionary trading,...

In case you forgot

1. You are the one calling others Stupid as personal attack. You got suspended briefly for that but you keep calling. I don’t see any issue calling you back as it’s fact.

2. You are the one starting with racism. You post of questioning other’s personality because of where they are from, is put to HIDDEN by FF admin.

3. I am profiting from trading so far using the TMS method. You are not. You come and yelling “TMS does not work” in the presence of multiple members who find their success with it. I don’t see anything clever.

4. Even a new trader understand the principle of back test. Use the right rules, gather info for significant number of trades (eg 100up).


You are attacking yourself. I merely point out what is wrong with you.

good luck
  • #123,633
  • Aug 27, 2021 4:08am Aug 27, 2021 4:08am
Quoting emmanuel7788
EURAUD Aug 27 H4 London 9am - with 45 mins to H4 close - what you do is your business...

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD Aug 27 H4 Lon 9am rem45mins 27-8-2021 4-14-34 pm.png Size: 72 KB


{image}
EURAUD Aug 27 H4 London 10am and its 2AM PDT ... Big E 4hr

- you know the risk trading this 2AM 4hr candle

Attached Image (click to enlarge)
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TMS Monitor:

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #123,634
  • Aug 27, 2021 9:49am Aug 27, 2021 9:49am
Quoting tommydoginti
{quote} Medium term Reversal was confirmed. So SELL re-entry upon TDI green cross red as of TMS TP to strong support (look left). 5.29R {image}{image}

Hold my beer


Happy Friday night with beer and food, and such a good ending seeing my GU buy hitting TP on the way home

*Add: buy at rejection of price at low. TDI cross

Happy trading guys.

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Went to a friend’s local brewery and tasted some yet to be launched beers.
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  • #123,635
  • Edited 11:10am Aug 27, 2021 10:17am | Edited 11:10am
Quoting hasib
Folks This man Davit he is doing lot of attacking, He say Bangladesh is poor and I live in Third world country and so on. Lets see quick comparison. Bangladesh GDP 302.6 billion USD (2019) Armenia GDP 13.67 billion USD (2019) This Armenian coward sheep always leave the battlefield. Davit your a coward Sheep . When they post they never talks about trading and they talks about lot of slang language and do lot of personal attack. Folks by following those...
Hi Hasib,

*Edit again: You deleted your posts. But it won’t clear your offends to others and FF CoD.
*Edit: I see your intimidating post is hidden by FF admin. I appreciate Twee and his team on prompt action to deal with violation of FF member code of conduct. I leave out some facts for others’ information.

You have made a fundamental mistake in comparing GDP.

You were talking about a single person. So to be a fair comparison, GDP per capita is a more appropriate reference

Armenian GDP per Capita: $4622.73 (2019)
Bangladesh GDP per Capita: $1855.74 (2019)
I also look at Hong Kong and was feeling blessed: $48713 (2019)

Good luck
  • #123,636
  • Aug 27, 2021 11:18am Aug 27, 2021 11:18am
Here is an example how Davit help others in FF. Enjoy.


Quoting libra_reserv
{quote} Can you please guide us, that which fibo indicator and pivot indicator you are using how you make entry or exit trade. If you have the link of the original post with guide and indicators please share it , Many thanks.
Try your inquire in private there is PM function

"guide us" more like guide YOU! Ever time someone asks "perfect exit" you know you are dealing with an idiot.Its not want you want its what market gives.Some trades can be 20-30pips some 100 my last UC over 200pips.Markets are in constant movement you have NO control where it goes so saying I will take TP at X number is idiotic. There is no such a thing as "perfect entry" only high probability winning entry! My gift to you

removed from here.
MA provides the market's current direction and strength.
  • #123,637
  • Aug 27, 2021 11:37am Aug 27, 2021 11:37am
Quoting hasib
Here is an example how Davit help others in FF. Enjoy. Quoting libra_reserv {quote} Can you please guide us, that which fibo indicator and pivot indicator you are using how you make entry or exit trade. If you have the link of the original post with guide and indicators please share it , Many thanks. Try your inquire in private there is PM function "guide us" more like guide YOU! Ever time someone asks "perfect exit" you know you are dealing with...

I think it is a pretty legit answer.

It is not very polite, but sure much better than your racist statements and name calling. Those posts are hidden by admin and/or deleted.

Also the reply had valid points. In contrast your replies have no reference value.

1. The system rules are often in #1 of the thread and OP keep posting their trades in their threads. So easy to know if the one asking questions have studied the thread or not before asking. No surprise if the OP answer with bad mood if people ask before thinking

2. are you expecting others to spoon feed (“guide”) you? No wonder you cannot BLUE your account or come up with a strategy for years.

3. As an advanced trader (as of here and Pivot trading thread), using fixed pips for SLTP is indeed very novice approach. Who on earth would be dumb enough to always take 10, 25 etc fixed TP in all market conditions?

4. Trading is a game of probability. Everyone is gambling (gambling (n.), risking something in exchange of something more valuable via an event with uncertainty). there is no perfect entries/exits.
  • #123,638
  • Aug 27, 2021 12:06pm Aug 27, 2021 12:06pm
Quoting emmanuel7788
{quote} hey hasib Interesting you raised discussion on USDCAD. Week Aug 16 to 20 was narrow ranged sideways market type and we can already see that 4 weeks ago with strat' WCC candle analysis. With the wk04 WCC high-low, and ADR of 84pips we have to plan our trades with these information on chart. Narrow range WCC means very tight pivot levels and requires attention to a possible breakout and it did happen. Price action tested WCC high 1.2604 and bounce off very nicely the BRN 1.2600. A few 4H swing traders in one Telegram group caught this big...
Hi EMM
Let's discuss about PA.
I can see WRB become WCC. Do you consider it as a WCC if it close above 61%.
How you plan those candle for trading.
I can see price hit 78% of the WRB.
I also notice, This month Candle with with the range of previous month.
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MA provides the market's current direction and strength.
  • #123,639
  • Aug 27, 2021 12:47pm Aug 27, 2021 12:47pm
Quoting tommydoginti
{quote} I got inquiry on how I analyze the chart and anticipate setups. The answers is just as before. TDI green cross/bounce red plus PA analysis. Keep the rules simple. Granted it is not easy to trade even with simple rules. #285 Simple rules, easy TDI entries and exits... fine tune it to your understanding... don't add anything... don't complicate it. For instance, I use mostly 4 indications. How much one can interpret the market conditions and exercise at what level of...
GU buy.

1) TDI green/red (Heart of BigE's TMS)
cross

#647
2) How close am I to the previous high or lo
low. Rejected and broke back in

3) Am I in an uptrend or downtrend.. short & long term...
up

4) Look at the candles on the last reversal... big, little, what
As range lows.

Keep it simple and consistent. But not stupid to blindly trade every TDI crosses without PA analysis

Attached Image (click to enlarge)
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  • #123,640
  • Aug 27, 2021 6:20pm Aug 27, 2021 6:20pm
Quoting tommydoginti
{quote} GU buy. 1) TDI green/red (Heart of BigE's TMS) cross #647 2) How close am I to the previous high or lo low. Rejected and broke back in 3) Am I in an uptrend or downtrend.. short & long term... up 4) Look at the candles on the last reversal... big, little, what As range lows. Keep it simple and consistent. But not stupid to blindly trade every TDI crosses without PA analysis {image}
you have not fully digested all of Big E posts yet.

here is one Post#1718, is one piece of Big E' TMS puzzle:

<>
Dyekid217... Good analysis buddy...

I get a little frustrated when people keep adding stuff and then posting it on the forum. I repeatedly ask others to PM others on the thread with the new ideas and not posting them. At least PM me with their ideas...

The main entry rule is: green crossing red on the TDI within the first 2 candles for an entry...

I don't care what the red TDI line is doing.

Did Stoch's confirm the TDI signal between the 20-80 lines...?

The 12-2 and 4-6 is for the TDI and not the 5ema... that would just be a bonus...

If you meet the TDI entry rule it doesn't much matter where the 5 ema is in relation to the 1st two candles...

All this extra crap does nothing but confuse other traders and their success rate drops and they can't figure out why...

Everyone - Please stop adding anything... stick to the SIMPLE BASIC RULES.
That's what makes it work !
<>

what are those "extra crap" Big E referred to? read all the posts from Page 36 #701 to Page 86 #1717,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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