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Trading Made Simple

  • #124,561
  • Sep 14, 2021 10:57am Sep 14, 2021 10:57am
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
Summary of today. Just identify the swing direction (short term trend) and trade between price levels, i.e. Previous Highs and Lows

Finally with TDI and observe rejection, price more often than not go into profit zone after trade entry. Manage the trade can further prevent the minority of trades turns around and go against trade direction.

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  • #124,562
  • Sep 14, 2021 10:58am Sep 14, 2021 10:58am
Quoting tommydoginti
{quote} 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.
Like this ?
I don't speak english, I used google translate
like this
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  • #124,563
  • Sep 14, 2021 11:07am Sep 14, 2021 11:07am
Quoting tommydoginti
{quote} Summary of today. Just identify the swing direction (short term trend) and trade between price levels, i.e. Previous Highs and Lows Finally with TDI and observe rejection, price more often than not go into profit zone after trade entry. Manage the trade can further prevent the minority of trades turns around and go against trade direction. {image} {image}
First trade SELL. Closed at BE.

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

1. Cross
2. Range high
3. Rejection from range high and made lower high
4. Range.

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There is no holy grail system or indicator. Pick trade setups that are low risk as of the rules and adapt to current market condition.
  • #124,564
  • Sep 14, 2021 11:14am Sep 14, 2021 11:14am
Quoting fxcombinator
{quote} Like this ? I don't speak english, I used google translate like this {image}
Trade any pairs you like is okay. I like to trade one pair only, GBPUSD.

As of your chart, which candle did you enter? Is it one of the yellow vertical lines I added? Or another candle? I assume you were taking a TDI bounce entry... But your sell bias was same as mine, which I am glad to reap some profit from market.

Trade well.

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  • #124,565
  • Sep 14, 2021 11:21am Sep 14, 2021 11:21am
Quoting tommydoginti
{quote} Summary of today. Just identify the swing direction (short term trend) and trade between price levels, i.e. Previous Highs and Lows Finally with TDI and observe rejection, price more often than not go into profit zone after trade entry. Manage the trade can further prevent the minority of trades turns around and go against trade direction. {image} {image}
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Second trade, BUY.
Breakout range confirmed buy bias. Uptrend confirmed with first higher high. Also red news suggested possible chance of panic buy. Expected price to go up.

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

1. Cross
2. range low
3. Rejection from low and break range high
4. Uptrend likely.

Nice 2.93R.

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  • #124,566
  • Sep 14, 2021 11:26am Sep 14, 2021 11:26am
Quoting tommydoginti
{quote} Summary of today. Just identify the swing direction (short term trend) and trade between price levels, i.e. Previous Highs and Lows Finally with TDI and observe rejection, price more often than not go into profit zone after trade entry. Manage the trade can further prevent the minority of trades turns around and go against trade direction. {image} {image}
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Last trade. SELL.

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

1. Cross
2. previous high (major resistance)
3. Rejection from high
4. Uptrend with high volatility and chance of breaking back in S/R.

3.14R

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  • #124,567
  • Sep 14, 2021 11:48am Sep 14, 2021 11:48am
Quoting emmanuel7788
{quote} hey Folks Looks like @tommydog is pushing hard with his outdated technical analysis and look rather impressive. It is much simpler than with trading mastery 101. {image}
#TrollAlert

Hey folks,

We have a clown here that doesn't have know the basic trading concept...

Divergence!?!? LOL.

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You don't even know what a divergence is. You haven't learnt and definitely not trading BigE's Trading Made Simple method.

You are just a troll here showing off how much DEMO money you make, Naysaying to TMS 5-method and showing your jealousy towards my trades and other members who expose you or disagree with you.

Go to Babypips.com and learn what is Divergence.
Here is the link: https://www.babypips.com/learn/forex...ce-cheat-sheet

BigE #1651: sometimes I think you don't have a clue about this method. Please quit asking so many questions and STUDY the method from this thread and the other starting about page 264 to the end... which was posted earlier... please !
  • #124,568
  • Sep 14, 2021 11:53am Sep 14, 2021 11:53am
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.
Simple answer, they have no skill in trading BigE's Trading Made Simple method.

So simply ignore them and focus on your learning.

I suggest you can read the posts during BigE's time, which is #1 ~ #12912

Trade well.
  • #124,569
  • Sep 14, 2021 12:06pm Sep 14, 2021 12:06pm
Quoting Tekkies
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[/highlight]...

Thanks for bringing this up as traders ask if charts needed to be refreshed on TradingView.

The answer is no need.

Reason being TradingView custom indicators calculate values using correct candle OHLC data.

On MT4, either 1) use Built-in indicators to construct TDI green and red line, 2) use indicators such as #25 and refresh. They will do the same job.

TDI green and red lines are Moving Average of RSI, both are non-repainting indicators.

The detail explanation of why #25 TDI green red needs chart refreshing, is in this post
  • #124,570
  • Sep 14, 2021 1:04pm Sep 14, 2021 1:04pm
Quoting tommydoginti
{quote} #TrollAlert Hey folks, We have a clown here that doesn't have know the basic trading concept... Divergence!?!? LOL. {image} You don't even know what a divergence is. You haven't learnt and definitely not trading BigE's Trading Made Simple method. You are just a troll here showing off how much DEMO money you make, Naysaying to TMS 5-method and showing your jealousy towards my trades and other members who expose you or disagree with you. Go to Babypips.com and learn what is Divergence. Here is the link: https://www.babypips.com/learn/forex...ce-cheat-sheet...
That is typical of the mistakes that Vincent makes.

He can't lose face with the suckers that he has hooked currently (nor with the ones eyeing his bait), so he will either totally ignore your post that calls him out or he will make a post (or several) that is either inflammatory and derogatory or thst explains how his view is the correct one: Whatever the reply, he won't include the facts, but will pull out the smoke and mirrors.
To free Gazans of Hamas, use whatever it takes.
  • #124,571
  • Sep 14, 2021 1:22pm Sep 14, 2021 1:22pm
Not aimed at anyone special.

Did you know that a candlestick, without anything else, can tell you when to get into position, add or reduce, and exit? A single candlestick can do this for you. You do not need to know any special pattern, you just need to look left one bar. Think in these terms, strong buy, weak buy, neutral, weak sell, strong sell. Above the candle, in the upper wick, in the body, in the lower wick, below the candle. Trade according to sentiment. A sentiment change means entering, exiting, or adjusting your position. While it is true that oscillators do help determine sentiment, a trader can be much faster bar by bar. Did you know there are traders that keep the TDI on charts just to front run them? I know I have said this before. Evolution is never a bad thing.

If the internet ended tomorrow, and you are a trading for a living, could you do it without the TDI? If the answer is no, then this is not trading made simple.
If you are good at something, never do it for free--Joker
  • #124,572
  • Sep 14, 2021 1:34pm Sep 14, 2021 1:34pm
Quoting hasib
{quote} Hi emm I have 8 trade running, all are swing trade except 1 all are in Profit. Look at EJ Daily and weekly chart you know the setup. yesterday false break happen. My questions is when you see price are moving with on candle range you have a open positions what do you like to do, Do you cut the loss or do you wait until sl hit. I know you have Candlesticks patter backtester, In your backtesting what are your findings. Thanks {image}
EJ is moving lower sharply,
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MA provides the market's current direction and strength.
  • #124,573
  • Sep 14, 2021 1:34pm Sep 14, 2021 1:34pm
Quoting jmn5611
Not aimed at anyone special. Did you know that a candlestick, without anything else, can tell you when to get into position, add or reduce, and exit? A single candlestick can do this for you. You do not need to know any special pattern, you just need to look left one bar. Think in these terms, strong buy, weak buy, neutral, weak sell, strong sell. Above the candle, in the upper wick, in the body, in the lower wick, below the candle. Trade according to sentiment. A sentiment change means entering, exiting, or adjusting your position. While it is...
I get it wrong with or without TDI, so it does not matter.
------
How do you get sentiment from one bar?
> Green will indicate sentiment is buy / Red is sell?
> Long or short wicks indicate sellers / buyers are coming in / going out?
> long or short bar indicate "totale sell/buy' orders?

Something like above?????
  • #124,574
  • Sep 14, 2021 1:40pm Sep 14, 2021 1:40pm
waking up early because my dog was at my bedroom door and he wanted to be let out ...

at the same time I pop by my computer and turn on the screen

and saw a falling knife and my all 4 orders got filled....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #124,575
  • Sep 14, 2021 1:45pm Sep 14, 2021 1:45pm
Quoting jmn5611
Not aimed at anyone special. Did you know that a candlestick, without anything else, can tell you when to get into position, add or reduce, and exit? A single candlestick can do this for you. You do not need to know any special pattern, you just need to look left one bar. Think in these terms, strong buy, weak buy, neutral, weak sell, strong sell. Above the candle, in the upper wick, in the body, in the lower wick, below the candle. Trade according to sentiment. A sentiment change means entering, exiting, or adjusting your position. While it is...

I recall many lessons by Steve Nison and he has many funny names for his Japanese candlesticks.

Years ago I taught a 10 year old the Marubozu when I was coaching his parents live trading with stock charts.

Marubozu candlestick is a market sentiment indicator.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #124,576
  • Sep 14, 2021 1:46pm Sep 14, 2021 1:46pm
I get it wrong with or without TDI, so it does not matter.

Dump the get it wrong. Get used to losing. And you are right, losing does not matter, what matters is what you do when you are right.

------ How do you get sentiment from one bar?

I will assume English is not your first language. Go back and read. This is not meant to insult you at all. This is meant to sharpen my skills in communication. Go back a tell me where I was vague.

> Green will indicate sentiment is buy / Red is sell? > Long or short wicks indicate sellers / buyers are coming in / going out? > long or short bar indicate "totale sell/buy' orders? Something like above?????

Ignore the size of the wicks. These are areas of uncertainty, so right now don't worry about that. Right now, just go back and read what I wrote. Also, trading is not color coded. Imagine that you have no internet, and you have to do all of this on paper. Japanese candlesticks existed before there was an America. There is a reason for that.
If you are good at something, never do it for free--Joker
  • #124,577
  • Sep 14, 2021 1:51pm Sep 14, 2021 1:51pm
Quoting tommydoginti
{quote} #TrollAlert Hey folks, We have a clown here that doesn't have know the basic trading concept... Divergence!?!? LOL. {image} You don't even know what a divergence is. You haven't learnt and definitely not trading BigE's Trading Made Simple method. You are just a troll here showing off how much DEMO money you make, Naysaying to TMS 5-method and showing your jealousy towards my trades and other members who expose you or disagree with you. Go to Babypips.com and learn what is Divergence. Here is the link: https://www.babypips.com/learn/forex...ce-cheat-sheet...

@tommydog wrote:
"
We have a clown here that doesn't have know the basic trading concept...

Divergence!?!? LOL.

You don't even know what a divergence is. You haven't learnt and definitely not trading BigE's Trading Made Simple method.
"
LOL.

Actually we have many clowns in this thread.
One clown mixed up two words 'divergence' and 'Divergence'

have you all read the story behind 'divergence' and 'Divergence'?

Do you know trading with Divergence has helped me when I restarted trading the Futures market last year.

What did Big E said about both?
#4306
<>
Stevepatt...

Good point and some people trade using divergence. I don't personally because it's like everything in FX... nothing works 100% of the time and that goes for divergence too... I just try to keep it as simple as possible for success.... and my way is not necessarily the only way...

Thanks for postin' buddy....
<>
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #124,578
  • Sep 14, 2021 1:55pm Sep 14, 2021 1:55pm
Quoting emmanuel7788
waking up early because my dog was at my bedroom door and he wanted to be let out ... at the same time I pop by my computer and turn on the screen and saw a falling knife and my all 4 orders got filled....

this trade goes to my dog for waking me up early today,

its running ... LOL.

> note I have the RSI(13) with MA(2) and MA(7)....

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #124,579
  • Sep 14, 2021 1:56pm Sep 14, 2021 1:56pm
There is a very simple answer to all this crap

Create a new thread based exactly on Big E's Rules that can be moderated properly
  • #124,580
  • Sep 14, 2021 1:56pm Sep 14, 2021 1:56pm
Quoting Tekkies
{quote} I get it wrong with or without TDI, so it does not matter. ------ How do you get sentiment from one bar? > Green will indicate sentiment is buy / Red is sell? > Long or short wicks indicate sellers / buyers are coming in / going out? > long or short bar indicate "totale sell/buy' orders? Something like above?????

@Tekkies

you can consider MoTu after NY closing ...

its another simple system

{ here }
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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