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Trading Made Simple

  • #124,541
  • Sep 14, 2021 4:18am Sep 14, 2021 4:18am
Quoting hasib
{quote} Quick questions do you count week of the years. Do you have any PA method that involve Week of the years measurement.

hey @Hasib

not sure what you mean.

but I use Weekly for its AWR and the Trend 2/8 plus PA analysis for determination of the Market Type. WRB and WCC analysis is important when long swing trading.

in account DD management, I look at two weeks' high - low to see if i have to cut-losses before I am hit with a 10 to 15% DD.

just a few uses of the Weekly chart and candles.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #124,542
  • Sep 14, 2021 4:22am Sep 14, 2021 4:22am
Quoting emmanuel7788
GA Sep 13 H4 2am PDT {image}

GA Sep14 trade update:

- took this H1 trade yesterday and left it running.

- today I move SL trailing the HA candle

- this profit will pay for my tradingview premium license LOL.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUD Sep 14 H1 trade update 14-9-2021 5-10-33 pm.png Size: 40 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #124,543
  • Sep 14, 2021 4:23am Sep 14, 2021 4:23am
Post 124,540 #SurroundedByIdiots#

Nice and very kind of you to highlight the 'daily verbal diarrhea in Big E' thread.'
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  • #124,544
  • Sep 14, 2021 4:47am Sep 14, 2021 4:47am
Quoting lynnc
Excuse me if I am out of order here but I have no idea what the last few posts has to do with the Trading made simple thread. There are a massive amount of different ways people can get a signal from a chart to enter and exit. However surely this is the Trading made simple thread about the TDI. I will unsubscribe from this thread now as it seems it is only serving to stroke the ego of most of the posters....a waste of time.
I will unsubscribe from this thread now as it seems it is only serving to stroke the ego of most of the posters....a waste of time

Best decision you've made this month!

Sadly, as I have said many times, this is the thread for daily laughs, not daily serious trading discussions.

You have correctly deduced that Vincent finds himself sharing the limelight with other posters that are trading circles around him using ONLY what was presented in the 5-method. Vincent can't make a go of it despite 10 years of trying and failing. It's no wonder: Look at all of the additions he has made. Even today, he's off on the Sonic R system. LOL

It would likely be helpful if you contacted Twee with your concerns. Or at least go to one of the (many) totally off-topic and useless posts and submit a cleanup, and express your concerns in your report.
To free Gazans of Hamas, use whatever it takes.
  • #124,545
  • Sep 14, 2021 4:50am Sep 14, 2021 4:50am
Quoting emmanuel7788
{quote} hi lynnc when you read from Post#1 to Post#12,912, every thing the OP want you to learn Trading Made Simple are in all his posts. I have this summary made for people visiting this thread for the first time. its in Post#124,369 https://www.forexfactory.com/thread/...8#post13701758 Trading Made Simple is about trading Big E' 5-Method. You will learn it easily when you read his posts here in Forex Factory. How he traded his 4hr candle at his local...
LOL, Vincent!

Amazing how you post so much irrelevant material, lynnc indirectly calls you out on it, and then you have the audacity to come across as "Mr. Helpul". ROFLMAO!
To free Gazans of Hamas, use whatever it takes.
  • #124,546
  • Sep 14, 2021 4:51am Sep 14, 2021 4:51am
Quoting DrDave
{quote} I will unsubscribe from this thread now as it seems it is only serving to stroke the ego of most of the posters....a waste of time Best decision you've made this month! Sadly, as I have said many times, this is the thread for daily laughs, not daily serious trading discussions. You have correctly deduced that Vincent finds himself sharing the limelight with other posters that are trading circles around him using ONLY what was presented in the 5-method. Vincent can't make a go of it despite 10 years of trying and failing. It's no wonder:...

LOL. @Davey-boy

you are one of the cronies and cheerleaders in this thread.

Did you follow Tekkies post?

His Post#76,129 another one of @Tekkies own stupid post?
- alleging members here do not know how to trade at all.
- this includes you @Davey-boy too

<>
Hi marionetka
BigE have left a void behind that members need to full on their own.
Emmanuel filled that void and did it very good.
Somewhere along the way he lost track that he is dealing here mostly with members that do not know how to trade at all.
Members that have learned from BigE and emmanuel have moved on and left this forum.
Most probable successful traders in own right.
Those old members are replace by new members that do not know how to trade.
Every couple of days / weeks the cycle repeat it self. So after many years the level of traders in this thread is still at the level of a new member.
The subject / topic's that emmanuel is posting now is advance forex trading.
How long did it take you to understand all the point's in post#647.
I did not even looked at ME/ME for that level of trading is above me and the little I know.
Do I enjoy those post fighting with emmanuel about keeping it BigE's way. No I do not.

Anway, yes let us discuss #647 in a way the members new to this thread can understand
<>

#SurroundedByIdiots#
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #124,547
  • Sep 14, 2021 4:52am Sep 14, 2021 4:52am
Quoting lynnc
I will unsubscribe from this thread now as it seems it is only serving to stroke the ego of most of the posters....a waste of time.
Actually unsubscribing is a good idea, but do check back (like I do) once every couple of days for laughs!
  • #124,548
  • Sep 14, 2021 4:54am Sep 14, 2021 4:54am
Quoting DaNang111
{quote} I agree As a Junior Member I get this Message Sorry, as a Junior Member you cannot perform this action. As a Junior Member, your public posts are moderated by hand. You can contribute like a full Member, but your posts won't show up until approved, which can take as long as six hours. Additionally, there are several features that you don't have access to as a Junior Member, including: Starting threads Sending private messages Liking/Disliking posts Your first couple posts are important! Only Junior Members who clearly show they are at Forex...
And yet there are parts of this 'Test' I must pass that don't seem to apply to established members, can a moderator please let me know the rules

You have discovered one of the great fallacies of ForexFactory!! Although not explicitly stated in any documentation, High Impact members get special treatment. As a new member, you have to be on your best behavior. Even as you progress through the ranks, the lower your rank, the greater the chance that you will lose your membership for EXACTLY the same activity that higher ranking members perform.
To free Gazans of Hamas, use whatever it takes.
  • #124,549
  • Sep 14, 2021 4:54am Sep 14, 2021 4:54am
Quoting DrDave
{quote} LOL, Vincent! Amazing how you post so much irrelevant material, lynnc indirectly calls you out on it, and then you have the audacity to come across as "Mr. Helpul". ROFLMAO!

LOL @Davey-boy

anything that massages your big ego will make you happy here.
Its all in your mind.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #124,550
  • Sep 14, 2021 4:59am Sep 14, 2021 4:59am
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  • #124,551
  • Sep 14, 2021 5:13am Sep 14, 2021 5:13am
Quoting emmanuel7788
{quote} LOL. @Davey-boy you are one of the cronies and cheerleaders in this thread. Did you follow Tekkies post? His Post#76,129 another one of @Tekkies own stupid post? - alleging members here do not know how to trade at all. - this includes you @Davey-boy too <> Hi marionetka BigE have left a void behind that members need to full on their own. Emmanuel filled that void and did it very good. Somewhere along the way he lost track that he is dealing here mostly with members...
alleging members here do not know how to trade at all. - this includes you @Davey-boy too

OK, so, now that you believe that I don't know how to trade, I wonder how the results would turn out if I DID know how to trade ...
Result from 1 year of trading a measly $1,000 account PART TIME!
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To free Gazans of Hamas, use whatever it takes.
  • #124,552
  • Sep 14, 2021 5:49am Sep 14, 2021 5:49am
Took again a tumble yesterday for not staying with the advice BigE posted in this thread.
Post#25 TDI is always right and on time, don't argue with that crossover and post#647 you will lose.
------
For seven years, TDI green cross red lead to loss after loss, leading to the question: "What do I not read/understand / take away from BigE's posts.

Tommy (the newbie) was not the newbie after all.
He saw that "turn off the pc" and revealed the missing key to BigE's 5 Method which is:
>> refresh chart before you even look at the chart.
#1...... You ever woke in the morning popping on your pc and find you made 150 pips while you slept...
#11..... If I see a set up... green just crossing red I'll take the trade, turn off the pc and go to bed.
#276.... I check on any time frame I'm trading... and at night when nature calls I pop on the pc and take a quick look...
(Thank you Tommy)

Now all of BigE's posts have meaning, his training charts make sense for they are refreshed chart's, his post has clarity now for they are based on refreshed chart and not on "old" TDI crossovers (unrefreshed charts)

#11..... If I see a set up.....
Even that make sense, for a unrefreshed TDI has the wrong crossover values which leads to incorrect placement of orders with post#647.
----
Even hindsight trading has lost it sting.
You trade with a refreshed chart you will get exactly the same results as those hindsight TDI crossovers for they are the same as a refreshed chart.
(unfortunately MT4 does not have a option to refresh a chart so back testing with MT4 Strategy Tester is meaningless)

However and this is were many take a tumble using TDI green cross red.
(Test it yourself on any time frame by marking those crossovers before chart refresh)
TDI give 3 (three) types of crossovers.
- Static crossover > This crossover will never change / disappear / move on chart refresh or any other time.
- Moving crossover > This crossover will be on a refreshed chart at the beginning of a new bar on chart refresh. Refresh the chart again when the next new bar is formed that crossover has moved to the previous bar (one bar back).
--- Disappearing crossover > This crossover normally result in a green bounce red.
- New bar show that green crossed red
> but in fact green only touched / crossed red for that one time chart refresh.
> The next chart refresh when new bar is formed that crossover is missing showing that green bounced red.

Unlike hasib with only 22 trades this was done over two months (July/ Aug 20210) with 12 pairs every four houers (H4 time frame)
(Two charts out of many)
Attached Image (click to enlarge)
Click to Enlarge Name: Snap .US30.b240 2021-09-14 10H 04 nr 1.gif Size: 211 KB
  • #124,553
  • Sep 14, 2021 6:04am Sep 14, 2021 6:04am
What will happen???
Beginning of new H4 bar with TDI alert and all charts refreshed.
Attached Image (click to enlarge)
Click to Enlarge Name: letssee.PNG Size: 93 KB
  • #124,554
  • Sep 14, 2021 6:29am Sep 14, 2021 6:29am
Quoting Tekkies
What will happen??? Beginning of new H4 bar with TDI alert and all charts refreshed. {image}
today AUDUSD H4 setup happened at today Tokyo 5H just before Frankfurt Open.

see my AU V19 chart for details.

the setup was commonly know as PoP Gun which is simply an Inside Bar IB follow with a Bearish Engulfing Outside Bar BEEOB and the BEEOB must also engulf the high-low of the Mother Bar of that IB . Pop Gun has has probability win rate when it follow an established swing or trend.

In today' case, it is also continuation of the last week' swing from week 35 WCC high.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Sep14 H4 TOK5H 14-9-2021 7-17-44 pm.png Size: 94 KB


Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Sep14 H4 14-9-2021 7-23-21 pm.png Size: 69 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #124,555
  • Sep 14, 2021 8:08am Sep 14, 2021 8:08am
Sorry Vincent, one more price have show (like those RED alerts) how wrong you can be.
Rather follow the simple advice BigE has posted.
Attached Image (click to enlarge)
Click to Enlarge Name: Snap AUDUSD.b240 2021-09-14 14H 13 nr 1.gif Size: 15 KB

#6
Entries and exits...
We Enter a trade when green crosses red on the TDI at the beginning of that candle...
If it's candle 3 or more don't enter... find another trade set up. The only exception is if green bounces off red and continues... it's ok to re-enter on the bounce...

Exit your trade when the green TDI line goes flat, starts to hook over or makes a check mark reversal.

If you add other things it will influence your decisions... usually to your detriment.
Don't try to complicate it thinking it can't be this easy.
Important to study TDI entries on old charts, any time frame...
Give yourself a chance and trade it like it's laid out
  • #124,556
  • Sep 14, 2021 8:49am Sep 14, 2021 8:49am
It's quite simple to FOLLOW the action of a larger TF and trade it on a smaller one.

I had posted previously that GBPUSD downswing would most most likely be a mere H4 PULLBACK with an up continuation to buy.

It was clear and simple to trade the H4 pullback using H1 IF you can handle doing counter-trend trades. Even easier trading was the subsequent H4 up continuation.

No difficult/useless EAs required. No need to consult a multitude of systems. The 5-method has all of the information needed.
Viewing multiple TFs makes using the 5-method even easier.
Attached Image
Addendum:
I can see on this H4 that that during the initial upswing, it carried through to the H16. But on the pullback, it continued only through the H8. Hence, when the pullback put in a swing low and the H4 confirmed turned up, it's a no-brainer to buy. The power of multi-TF analysis at work.

And for the astute analyst, even the displayed TDI shows the H4 and H16 direction changes.
To free Gazans of Hamas, use whatever it takes.
  • #124,557
  • Edited 9:37am Sep 14, 2021 9:18am | Edited 9:37am
Quoting tommydoginti
{quote} {image} Price rejected previous high. Simply following BigE's Trading Made Simple. Simple entry and exit rules Considering the few elements instructed by BigE. Enough to made decision for the trade with high odds of winning. 1. TDI green red line (#647 PA analysis) 2. Previous High/Low 3. Rejection at previous High/Low 4. Trend, long and short term {image} Adding crap EAs and indicators does not help improve your trading. Practice Price action increases your odds and...
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Price rejected from range high. Sel. Rejected at range low. Closed at BE.
Uptrend confirmed. Buy at breakout range. CPI forecast worse than last month with issue of COVID (actual also worse than forecast). Aggressive target.
BUY, 2.93R

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Simply following BigE's Trading Made Simple. Simple entry and exit rules

Considering the few elements instructed by BigE. Enough to made decision for the trade with high odds of winning.

1. TDI green red line
(#647 PA analysis)
2. Previous High/Low
3. Rejection at previous High/Low
4. Trend, long and short term
  • #124,558
  • Sep 14, 2021 9:48am Sep 14, 2021 9:48am
Quoting tommydoginti
{quote} {image} Price rejected from range high. Sel. Rejected at range low. Closed at BE. Uptrend confirmed. Buy at breakout range. CPI forecast worse than last month with issue of COVID (actual also worse than forecast). Aggressive target. BUY, 2.93R {image} Simply following BigE's Trading Made Simple. Simple entry and exit rules Considering the few elements instructed by BigE. Enough to made decision for the trade with high odds of winning. 1. TDI green red line (#647 PA...
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Click to Enlarge Name: fe188d4b5b1b0c0f64bdf7f92e55ad9e.png Size: 74 KB

Done one more! Very nice rejection from major resistance (Previous High on Daily)

Simply following BigE's Trading Made Simple. Simple entry and exit rules

Considering the few elements instructed by BigE. Enough to made decision for the trade with high odds of winning.

1. TDI green red line
(#647 PA analysis)
2. Previous High/Low
3. Rejection at previous High/Low
4. Trend, long and short term
  • #124,559
  • Sep 14, 2021 10:30am Sep 14, 2021 10:30am
Quoting tommydoginti
{quote} {image} Done one more! Very nice rejection from major resistance (Previous High on Daily) Simply following BigE's Trading Made Simple. Simple entry and exit rules Considering the few elements instructed by BigE. Enough to made decision for the trade with high odds of winning. 1. TDI green red line (#647 PA analysis) 2. Previous High/Low 3. Rejection at previous High/Low 4. Trend, long and short term
Thank you. Only on GBPUSD or All pairs ?
  • #124,560
  • Sep 14, 2021 10:52am Sep 14, 2021 10:52am
Quoting fxcombinator
{quote} Thank you. Only on GBPUSD or All pairs ?
I mostly trade only GU. But if good setup arise I also trade other major pairs, EU, AU, etc.

It is my preference to focus on one pair for one strategy.

trade well.
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