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Trading Made Simple

  • #124,421
  • Sep 12, 2021 5:39am Sep 12, 2021 5:39am
Quoting Tekkies
Does Stoch's confirm the TDI signal >>>> No sell trade was placed Vincent explain why "@Tekkies would have lost another trade" Remember the question: How do you avoid this TDI sell setup? {image}
@Tekkies

this is the complete chart I posted.

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Big E Post#160 :
<>
Unless you mastered this method already... keep the questions or concerns coming. Post your Demo trades too.

Continue making Demo trades to build your confidence and study old charts where the TDI gives clean signals... it will pay you in spades... well, pips in our case...
<>

You have not learned anything and have not mastered the TDI and Big E' 5-Method.

Try that again!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #124,422
  • Sep 12, 2021 5:46am Sep 12, 2021 5:46am
Post 124,415 Yet a other post with smoke and mirrors.
No real information as to what UkSmurfy has posted. What we do read is a lot of mambo jumbo about missing puzzle pieces
-----
Attached Image

Post 124,411: UKSmurfy did some nice chart reading in his post:...
cautious of that sell signal
> as the price has been trading within the range of the first red bar for some time.
#647..... Are the previous candles small (That red bar is small)
>this as sideways movement
#647..... Am I in or close to a consolidation area
>that the candles prior are small
#647..... Are the previous candles small (a lot of them)
> see a convincing break of that range, it’s also the first red bar, i’d have waited for the next candle to close hoping to see confirmation of the move rather than jump in on that very small spike generating the signal.
#647..... How does the momentum look right now (12-2, 4-6)
> The stochastic made a large move for such a small movement in price .......I am right to be hesitant over that stochastic?
(This one will be his choice)
#1 ...... I also use a Stochastics (8,3,3) indicator. It is ONLY used to confirm direction.
  • #124,423
  • Sep 12, 2021 5:54am Sep 12, 2021 5:54am
Quoting Tekkies
Post 124,415 Yet a other post with smoke and mirrors. No real information as to what UkSmurfy has posted. What we do read is a lot of mambo jumbo about missing puzzle pieces ----- {image} Post 124,411: UKSmurfy did some nice chart reading in his post:... cautious of that sell signal > as the price has been trading within the range of the first red...

@Tekkies

this is my post chart again:


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one of your many missing pieces of Big E puzzle #296
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #124,424
  • Edited 6:17am Sep 12, 2021 6:07am | Edited 6:17am
> TDI gives clean signals
> this is my post chart again:

Boy oh Boy
What a joke

Post 124,408 Zoom in with Windows 10 "Magnifier" you will see that TDI in fact gave a Buy signal and not a sell signal as stated by Vincent.

Can some member please explain to Vincent what does it mean when green gross red upwards / green cross red downwards!!!!!
(The best part is TDI green angel is above 2)
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  • #124,425
  • Sep 12, 2021 7:18am Sep 12, 2021 7:18am
Quoting Tekkies
> TDI gives clean signals > this is my post chart again: Boy oh Boy What a joke Post 124,408 Zoom in with Windows 10 "Magnifier" you will see that TDI in fact gave a Buy signal and not a sell signal as stated by Vincent. Can some member please explain to Vincent what does it mean when green gross red upwards / green cross red downwards!!!!! (The best part is TDI green angel is above 2) {image}
@Tekkies

there is no buy or sell signal.

you did not follow Big E's posts and did not watch those videos he provided links to.

Big E' posts with links to videos:

TDI Hidden Secrets
https://www.forexfactory.com/thread/...83#post3345383

More on the TDI
https://www.forexfactory.com/thread/...10#post3345410

for those wanting more info on Heiken Ashi, TDI and more:
https://www.forexfactory.com/thread/...34#post3345434

TDI Video...
https://www.forexfactory.com/thread/...29#post4510029

TDI without the red line... I'm going to stack TDI's and check it out...
https://www.forexfactory.com/thread/...93#post4404893

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #124,426
  • Sep 12, 2021 7:30am Sep 12, 2021 7:30am
Thanks @emmanuel7788 and @tekkies for the feedback. Its good to hear that i'm thinking along the right lines and have the agreement of experienced traders in my analysis.

Paul.
  • #124,427
  • Sep 12, 2021 9:10am Sep 12, 2021 9:10am
> How do you avoid this TDI sell setup?
Sometime later
> there is no buy or sell signal.
Attached Image

#11..... I just glance at the TDI for set ups when the new candle opens... If I see a set up... green just crossing red I'll take the trade, turn off the pc and go to bed.
(Don't forget to apply post#647 before placing that trade.)

Other Sunday comic!!!!
Attached Image
  • #124,428
  • Sep 12, 2021 10:04am Sep 12, 2021 10:04am
Quoting emmanuel7788
{quote} Who wants to solve this? How do you avoid this TDI sell setup? {image}
LOL
To free Gazans of Hamas, use whatever it takes.
  • #124,429
  • Edited 10:36am Sep 12, 2021 10:24am | Edited 10:36am
Quoting Tekkies
> How do you avoid this TDI sell setup? Sometime later > there is no buy or sell signal. {image} #11..... I just glance at the TDI for set ups when the new candle opens... If I see a set up... green just crossing red I'll take the trade, turn off the pc and go to bed. (Don't forget to apply post#647 before placing that trade.) Other Sunday comic!!!! {image}
Hi Tekkies,

Thanks for bringing up #647. It is pretty effective to just use previous high or lo to determine price levels to anticipate a TMS setup

Just use #647 Am I in an uptrend or downtrend.. short & long term... It is not difficult to see a nice downtrend was interrupted as higher lows and higher highs formed as possible pullback if not reverse.

price was in consolidation within a narrow range.
Am I in or close to a consolidation area, with

previous high was not retested yet, so the buy signal is valid but the expectation would be play safe with small TP.

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  • #124,430
  • Sep 12, 2021 10:31am Sep 12, 2021 10:31am
Quoting tommydoginti
{quote} This is another pretty neat trade entered with TMS and TP with regression. Odds was >60% so I waited a bit longer. Added one position along the way with TDI cross. Default setting {image}{image}
I was in buy bias as price retested previous low and strong rejection last time.

was only looking for buy until price would retest previous high.

so got in at good price with low risk trade idea. Simple based on a couple Price Action elements as of BigE’s instruction

Buy, 8.27R

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  • #124,431
  • Sep 12, 2021 10:35am Sep 12, 2021 10:35am
Quoting Tekkies
Post 124,415 Yet a other post with smoke and mirrors. No real information as to what UkSmurfy has posted.
Basically you can't if you only rely on the TDI.
Regular market knowledge is required to avoid such circumstances.
Well the thing is, a person with regular and exceptional market knowledge would not need the TDI neither.
  • #124,432
  • Sep 12, 2021 11:06am Sep 12, 2021 11:06am
Quoting emmanuel7788
{quote} Who wants to solve this? How do you avoid this TDI sell setup? {image}
The H4 was still in a downtrend at that point, with no way to know that it would be turning up. The only way you could anticipate the price bottoming out, based on that TDI alone, is the yellow baseline. It had just come close to the 32-level, bouncing off from 34-sh, and turning upwards. Short sellers should be extremely cautious at that point, as if they were about to sell into support.
  • #124,433
  • Sep 12, 2021 11:31am Sep 12, 2021 11:31am
Speaking of understanding the market dynamics and having knowledge..
Don't even need to understand all of it nor all the instruments.
Just need to know couple of setups and couple of pairs, after trying for a year and half, clean chart and this mentality moved me up.
This is one of the regular setups I look during the NY session, Big Rush, Slow Down , First Correction and then look for more corrections or pressure to the opposite side.
Unlike most of the traders trying to join the wagon, I try to land rivalry trades
I know it sounds very risky but well, It has more win ratio for me than the ''joining the direction'' type of trades.
Maybe It's how I trained myself.
*This is 1 minute scalping trade action only for the NY and sometimes Asian Session*
Longer Time Frames, I don't use or recommend this strat, but probably someone is also making profits with it on the longer TF's.
My mentor always traded the 1 Minute chart, and It suits my mentality as well, so yeah.
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  • #124,434
  • Sep 12, 2021 12:25pm Sep 12, 2021 12:25pm
Quoting PixelSniper
{quote} Basically you can't if you only rely on the TDI. Regular market knowledge is required to avoid such circumstances. Well the thing is, a person with regular and exceptional market knowledge would not need the TDI neither.
"Basically you can't if you only rely on the TDI."
- Where does this method Trading Made Simple rely sole on TDI green cross Red?

"Regular market knowledge is required to avoid such circumstances.'
- What circumstances?
- #647.... When wanting to enter a TDI trade... take a moment first to observe basic 4x things
> Are regular market knowledge not basic forex things?

"would not need the TDI neither."
So what.
> TDI is only there to indicate > Hi, Trader here is a place where you can start to apply market knowledge with a nice little crossover.
(Some TDI send alerts via alarm/e-mails0

"This is one of the regular setups I look during the NY session"
> How looking do you stare at the screen for those setups?
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  • #124,435
  • Sep 12, 2021 12:38pm Sep 12, 2021 12:38pm
There are many strategy that works very well in stock market but in forex don't work at all. I will share some of back test results. You will surprise simple strategy works so well.
BTW if I ask you to choose one which one you choose.
1. MACD
2. TDI
3. RSI
4. STOCH

which one have the ability to generate higher return?

Trade well
MA provides the market's current direction and strength.
  • #124,436
  • Edited 12:53pm Sep 12, 2021 12:40pm | Edited 12:53pm
Quoting Tekkies
{quote} " NY session" > How looking do you stare at the screen for those setups? {image}
Yes, I just stare and wait, but it's not as stressfull or fast as you think.
You let it build first and then enter anyways.

#HangSengIndex, HK50

Same setup, Asian Session.
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  • #124,437
  • Sep 12, 2021 1:52pm Sep 12, 2021 1:52pm
Quoting PixelSniper
{quote} Yes, I just stare and wait, but it's not as stressfull or fast as you think. You let it build first and then enter anyways. #HangSengIndex, HK50 Same setup, Asian Session. {image}
Agree on stressful.

"or fast"
M1 not fast?
Are we using the same clock speed?
  • #124,438
  • Sep 12, 2021 6:54pm Sep 12, 2021 6:54pm
Quoting Tekkies
{quote} Agree on stressful. "or fast" M1 not fast? Are we using the same clock speed?
on the use of word play ... "fast"

Big E has this to say: Post#336

"you will learn more fast."

when you do really read, study and learn from all his posts and follow what Big E had posted.

you would be making $500 to $1000 per evening. Post#7555

#fast.faster.fastest#
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #124,439
  • Sep 12, 2021 7:03pm Sep 12, 2021 7:03pm
Quoting hasib
There are many strategy that works very well in stock market but in forex don't work at all. I will share some of back test results. You will surprise simple strategy works so well. BTW if I ask you to choose one which one you choose. 1. MACD 2. TDI 3. RSI 4. STOCH which one have the ability to generate higher return? Trade well
when doing trading system development,

To start with, I chose only the common indicators available in most trading platforms and in alphabetical order,

MACD
RSI
Stochastics

The TDI is a hybrid custom indicator so I would exclude it.

Using the MACD, RSI and Stochastics all three in one chart, it will be the COWABUNGA trading system approach.
You use 2 to 3 Moving Averages on the price chart to help with the Price Action and Market Type definition.

Go back to my post Sep 2015,

https://www.forexfactory.com/thread/...55#post8474455

when I came onboard this Trading Made Simple journey, I decided to drop the MACD but I kept the RSI and follow John Hayden' RSi/MA which is what the TDI was created by Dean Malone.

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Now, the question is:
Can you follow Big E developed approach in his old thread and blend his 5-Method and COWABUNGA and help you filter the find higher probability trades?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #124,440
  • Sep 12, 2021 7:21pm Sep 12, 2021 7:21pm
Quoting DaNang111
{quote} Great Post Thank You lots more to learn

hi DaNang111

You do have a lot to read and catch with more than 10 years of history. Do not rush, take your time to read, study and learn from all of Big E posts in Forex Factory.

You started very late here and have missed most of those videos which Big E posted in his old thread. Most of the older videos have been removed by their owners hence there are gaps in the learning. You will still find some in other online sources like vimeo and other online trading forums.

Anyway, I am here to help you when you need help.

I read that you want to trade with broker using TradingView but you can also use a MT4 broker for its live data and make full use of all the MT4 resoucres available here. I trade with non-MT4 brokers and I have also MT4 brokers and I do most of my trade planning and trade signal with my MT4 servers.

Start be active and post MT4 charts and we can discuss any question you have here.

Trade Well.

Stay Safe 2 + 1 and
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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