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Trading Made Simple

  • #124,181
  • Sep 8, 2021 5:44am Sep 8, 2021 5:44am
Quoting tommydoginti
{quote} I can't believe there is still confusion here on What is candle 1 or two... If there was a reversal and it went 6 candles lets say... The first 2 candles are #1 & #2. If I don't get a signal to enter from the TDI on (candle 1 or 2... green crossing red).. I pass on the trade and find another.This is the rule. The only exception is if the green line bounces away from the red line I'd jump in because it's a bounce trade...

#Candle 1 and 2#

the 5-Method started in Big E old thread and the reversal candles were explained in several tutorial videos.
since you are the late starter in this thread, you have to read, study and learn from the posts and charts in ths old thread.
In this Trading Made Simple thread, it is summarised in Post#261. The use of the Stoch(8,3,3) is important.

it is quite simple if you have mastered Post#261

<>
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 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 !

Believe it or not you have to participate and think... until it's so second nature... there is nothing to it... it's so simple... don't complicate it or you will lose...

<>

example of reversal see chart below:

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #124,182
  • Sep 8, 2021 5:48am Sep 8, 2021 5:48am
Quoting tommydoginti
{quote} Example chart - This is a good Bounce Trade off of candle #1. When the last trade is seperated by a blue candle or more... it's like starting over... looking for a set up trade off the new candle #1 or #2... even a bounce trade. {image}{image}

AUDJPY Week 36 Sep06 to 10

- it is quite simple when you have a proven approach to Price Action since after Big E died in 2012.

- this same proven approach I use for many years and make money consistently

Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #124,183
  • Sep 8, 2021 5:50am Sep 8, 2021 5:50am
???????
Tommy this Tommy that.
Who care when Tommy started to trade or which year a post was submitted.
Every time Tommy does post Vincent aim a verbal attack on him.
------
These lame pathetic attempts to ridicule a members when they do post in this thread need to stop.

Members when such posts are made, please and submit clean-up report for they are in violation of CoC:
II. Respect fellow traders
VII. No personal agendas

> Today, there were a lot of them.
  • #124,184
  • Sep 8, 2021 5:59am Sep 8, 2021 5:59am
Quoting tommydoginti
{quote} Example chart - This is a good Bounce Trade off of candle #1. When the last trade is seperated by a blue candle or more... it's like starting over... looking for a set up trade off the new candle #1 or #2... even a bounce trade. {image}{image}
@tommydogie

and you are the late starter in the thread.

you missed all the simple and basic Price Action trading stuff.

that bounce trade is just one of many common consolidation reversal breakout at toppisch price.

price action / oscillator divergence is an added bonus reason to take a sell trade and the setup is typical m15m30m60 candle close.

Attached Image (click to enlarge)
Click to Enlarge Name: Big E #956 chart POMO 8-9-2021 6-49-26 pm.png Size: 136 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #124,185
  • Sep 8, 2021 6:01am Sep 8, 2021 6:01am
Quoting Tekkies
??????? Tommy this Tommy that. Who care when Tommy started to trade or which year a post was submitted. Every time Tommy does post Vincent aim a verbal attack on him. ------ These lame pathetic attempts to ridicule a members when they do post in this thread need to stop. Members when such posts are made, please and submit clean-up report for they are in violation of CoC: II. Respect fellow traders VII. No personal agendas > Today, there were a lot of them.

@Tekkies

are you sure there is CoC violations?

where are your trading discussion today?

post some charts and we can discuss trading.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #124,186
  • Sep 8, 2021 6:08am Sep 8, 2021 6:08am
Members can decide for them-self.
The rest is up to forexfactory Admin.
  • #124,187
  • Sep 8, 2021 6:13am Sep 8, 2021 6:13am
Quoting emmanuel7788
{quote} hi hasib "opposite signal" is another EXIT strategy known as #TradeInvalidation# exit. example is when there is a 5-Method sell setup, the trade will be invalidated by the next buy setup...."opposite signal" What is the 5-method setup? There are several, a common setup is Price Action - swing highs swing lows as Big E explained in his old thread. Let's study an example, GBPPUSD Daily August month 2021 below: - we do not need the Stoch and TDI ( Post#2617 ) ... taking...
Quoting emmanuel7788
{quote} {quote} GBPUSD Sep 08 Trade Update - now I can move initial SL to BE+ and wait ... - next task is to move SL to +1R level {image}

#TradeInvalidation#

> today' trade example of Trade Invalidation...coming!

Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #124,188
  • Sep 8, 2021 6:18am Sep 8, 2021 6:18am
Quoting Tekkies
??????? Tommy this Tommy that. Who care ...
He will hate tommy forever because tommy is being profitable with TMS (sad but true).

I mean the guy keeps posting here just to bash the system, what's up with that? It's not really normal behavior but on it goes.

What troubles him deep inside we might never know but damn it's hilarious to follow this thread!
  • #124,189
  • Sep 8, 2021 6:29am Sep 8, 2021 6:29am
Quoting emmanuel7788
{quote} poor @tommydogie late starter in this Trading Made Simple thread and still stuck in May 08, 2011 Post #1718. Nothing is carved in stone. Entry candle 1 and 2, that's Big E' 4hr 10PM and 2AM PDT trading.... by the 3rd candle its his 6AM and his exit all trades. {image}
LOL
To free Gazans of Hamas, use whatever it takes.
  • #124,190
  • Sep 8, 2021 6:32am Sep 8, 2021 6:32am
Quoting dzimidula
{quote} He will hate tommy forever because tommy is being profitable with TMS (sad but true). I mean the guy keeps posting here just to bash the system, what's up with that? It's not really normal behavior but on it goes. What troubles him deep inside we might never know but damn it's hilarious to follow this thread!
Don't forget Hasib, who label all members as idiots that don't follow or agree to what he post here.
  • #124,191
  • Sep 8, 2021 6:36am Sep 8, 2021 6:36am
Quoting tommydoginti
{quote} LOL. Why tell lies when it is so easy to be spotted? The best you can? https://www.forexfactory.com/thread/...78#post4586278 #979 I can't believe there is still confusion here on What is candle 1 or two... If there was a reversal and it went 6 candles lets say... The first 2 candles are #1 & #2. If I don't get a signal to enter from the TDI on (candle 1 or 2... green crossing red).. I pass on the trade and find another.This is the rule. The only exception is if the green line bounces away from the red line I'd jump in because...
In his case, the major disability is narcissism. His variety of tactics for protecting his fragile ego often have the appearance of dyslexia or other learning disorders. But closer inspection reveals the underlying narcissism.
To free Gazans of Hamas, use whatever it takes.
  • #124,192
  • Sep 8, 2021 6:37am Sep 8, 2021 6:37am
This thread is definitely my favourite on FF

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  • #124,193
  • Sep 8, 2021 6:40am Sep 8, 2021 6:40am
EUR/USD - Daily chart,

Hi Traders, i have been reading through this thread now for the past 4 weeks, i have tried and tested this system and it works, Thanks to Big E and emannuel and all other traders helped in making this system as it is today, I have mostly been trading PVSRA for the past 3 years and i came accross this system which is unbelievebly simple and profitable, the HA candles gives you a piece of mind even though they are calculated using average price but they iron out the noise in price which most of the time give you heartaches during a trade. This system is simple and i like clean charts.

Here is a trade i entered this Morning and i have marked my entry with a vertical line as Big E would like, TDI has confirmed and the stochastics gave early confirmation. Take profit just before previous low/ support. SL is 40pips away.
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  • #124,194
  • Sep 8, 2021 6:42am Sep 8, 2021 6:42am
Quoting Tekkies
??????? Tommy this Tommy that. Who care when Tommy started to trade or which year a post was submitted. Every time Tommy does post Vincent aim a verbal attack on him. ------ These lame pathetic attempts to ridicule a members when they do post in this thread need to stop. Members when such posts are made, please and submit clean-up report for they are in violation of CoC: II. Respect fellow traders VII. No personal agendas > Today, there were a lot of them.
Every time Tommy does post Vincent aim a verbal attack on him.

That's the textbook narcissist in action.
To free Gazans of Hamas, use whatever it takes.
  • #124,195
  • Sep 8, 2021 6:45am Sep 8, 2021 6:45am
Quoting dzimidula
{quote} He will hate tommy forever because tommy is being profitable with TMS (sad but true). I mean the guy keeps posting here just to bash the system, what's up with that? It's not really normal behavior but on it goes. What troubles him deep inside we might never know but damn it's hilarious to follow this thread!
Never mind the trolls. Typical losing traders projecting their hatred towards others.

All is well and keep trading well and safe Dzimidula

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  • #124,196
  • Sep 8, 2021 7:07am Sep 8, 2021 7:07am
Personally, I think Tommy is showing some pretty good examples of proper TDI usage, just based on the price action that accompanies the signals. I know some of you guys have a long-standing rivalry and differences in beliefs with each other, but I don’t choose sides with anyone, myself. I don’t need to prove anything to anybody, except to myself and my bank account. I trade a certain way that works for me. I was wanting to learn more about this TDI method, and have pretty much cracked the mystery of it, realizing that quite a few TDI signals coincide with my method, even though I have never placed it on my charts. That is proof to me, that PA itself, trumps indicators. Like I said, I try to stay neutral in my perceptions of others’ trading methods, picking out the gold nuggets, and throwing out the trash. I wish to thank you all for sharing your perspectives on this method!
  • #124,197
  • Sep 8, 2021 7:34am Sep 8, 2021 7:34am
Quoting dzimidula
{quote} He will hate tommy forever because tommy is being profitable with TMS (sad but true). I mean the guy keeps posting here just to bash the system, what's up with that? It's not really normal behavior but on it goes. What troubles him deep inside we might never know but damn it's hilarious to follow this thread!
He will hate tommy forever because tommy is being profitable with TMS (sad but true).

If you ever have the time and inclination to read all of Vincent's posts from the stsrt, you will find where he states that he could not make profits consistently on lower TFs, and only after moving to H4 he made (meager) profits. (Purportedly, he can achieve the BEGINNER'S 65% success rate over a 3-year average after so many years of trying.)

So, you can be assured that when he spent years trying to figure out the 5-method without success, his blood boils when he sees a BEGINNER of the 5-method actually achieving the beginner's success rate, and then continues as BigE said to achieve about 80% after 1 to 2 months.

You know Vincent is having a hard time swallowing those facts, especially with his fragile narcissist's ego taking a beating.
To free Gazans of Hamas, use whatever it takes.
  • #124,198
  • Sep 8, 2021 7:50am Sep 8, 2021 7:50am
Quoting DrDave
{quote} He will hate tommy forever because tommy is being profitable with TMS (sad but true). If you ever have the time and inclination to read all of Vincent's posts from the stsrt, you will find where...
No I haven't, it's not that interesting

Yea I know he is not a serious profitable trader, can guess as much from this posts here.

I've gathered from you guys here that he is probably retired, so he lives off that and plays with forex and tries to pass as the big dog, a bit sad really but has its merits too (keeps the thread afloat with his flooding).
  • #124,199
  • Edited 8:32am Sep 8, 2021 8:19am | Edited 8:32am
Sep 08

US Market bears and retreating from al time high.

Trade E-Min Futures, you can make more money trading just 1 to 3 hours during the US market session.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #124,200
  • Edited 10:29am Sep 8, 2021 8:20am | Edited 10:29am
EURUSD Sep08

- H4 dollar bulls ... maybe mid-week short term bulls

- WCC retreating

Follow price action and trade with low risk trading ideas

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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