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Trading Made Simple

  • #124,741
  • Sep 16, 2021 2:32am Sep 16, 2021 2:32am
Big E : you can trade without the TDI


Jan 20, 2011
#3044
Honestly on the 5 method you don't really need any indicators because the simple entry rules are so basic and clear cut. If I were to pick two it would be the tdi & stochs.

Jan 26, 2011
#3103
I almost always have the tdi & stoch on all my charts regardless of the method being used.

However, it's not necessary on the 5 method for me. It gives people more confidence when they have it on their charts it seems.... and it's a good confirmation to the current PA and possible trade.


Feb 12, 2011
#3418
You can trade the 5 method without the TDI if it's a problem...

PA is HA Candles, PA crosses the yellow line and closes... enter on the next candle if it's the same color. When candles flatten out... exit. Stay in the trade as long as it doesn't cross back over the yellow line and close.

The TDI just gives me a lot more information for making my entries & exits decisions.


May 16, 2011
#2617
2scoops asked me a long time ago what would be the most beneficial to learning this method for higher success... The answer was simple... study old charts for set ups... now strip down everything on that chart at that point... trends, angles, S/R levels, News times, Stoch angle within the 20-80 lines..etc. Burn it into your memory... I spent 2 years doing that.... so what does that mean?

It takes me 15 seconds to strip a chart down to nothing including the TDI & Stoch's. Taking clean trades is a breeze for me... why?

Read above...

I can take you to water but I can't make you drink... follow the simple entry & exit rules. Forget other indicators. I went down those roads so you wouldn't have too...

#296 (Nov 4, 2008)
I profit every day by using Stochastics. I hope you will too. It's just part of the puzzle.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #124,742
  • Sep 16, 2021 2:33am Sep 16, 2021 2:33am
The 5 Fundamental Truths of Trading by Mark Douglas

1. Anything can happen.

2. You don’t need to know what is going to happen next to make money.

3. There is a random distribution between wins and losses for any given set of
variables that define an edge.

4. An edge is nothing more than an indication of a higher probability of one thing
happening over another.

5. Every moment in the market is unique.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #124,743
  • Sep 16, 2021 2:37am Sep 16, 2021 2:37am
To solve this puzzle

Attached Image (click to enlarge)
Click to Enlarge Name: GU H4 how tro avoid this TDI sell setup.png Size: 57 KB


- watch this tutorial video { here }

and you will know the answer
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #124,744
  • Sep 16, 2021 3:46am Sep 16, 2021 3:46am
Quoting emmanuel7788
Too much time is being spent on TDI and Stochastics, Too little time on Price Action and Support/Resistance. And no time spend on Money Management, Risk Management for entries and exits, When to Cut-Losses short and How to Let Profits Run. You need to find your WINNING EDGE and the TDI is not in the winning edge equation
EJ, ADR max out, Hope soon It will hit my tp, took 70% out when ADR max out for the week.
Keep it simple, don't worry about pivot level, If I close my trade 78% of the pivot I would lose big opportunity.
We should not box out our trade limit. Following Fundamentals helps. Pivot is a tools nothing else. I don't hate pivot traders I just think I don't have to use pivot all the time.
Attached Image (click to enlarge)
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MA provides the market's current direction and strength.
  • #124,745
  • Sep 16, 2021 3:53am Sep 16, 2021 3:53am
Quoting Tekkies
{quote} Don't think so. Dan Katz, licensed psychologist and psychotherapist, explains why Thomas Erikson’s success with his book Surrounded by Idiots is one of the biggest pseudoscience scandals in recent history. https://soccermatics.medium.com/how-...e-de47c82601ad Edit: Hi Vincent!! Did that book helped you? Must be, because you are giving free advertisement. (CoC voilation by the way) When you read the above webpage take note of this: "In other words, Erikson’s book...
"In other words, Erikson’s book might help someone with the empathetic and intellectual level of a five-year-old."
Quoting Fondberg, Lindwald & Katz
Don´t let yourself be mislead by Thomas Erisson
Tens of millions of taxpayers' money has been spent on a method that, from a scientific point of view, can closest be described as a horoscope.
To free Gazans of Hamas, use whatever it takes.
  • #124,746
  • Sep 16, 2021 3:57am Sep 16, 2021 3:57am
Quoting hasib
{quote} EJ, ADR max out, Hope soon It will hit my tp, took 70% out when ADR max out for the week. Keep it simple, don't worry about pivot level, If I close my trade 78% of the pivot I would lose big opportunity. We should not box out our trade limit. Following Fundamentals helps. Pivot is a tools nothing else. I don't hate pivot traders I just think I don't have to use pivot all the time. {image}
don't worry about pivot level,
LOL
If you don't worry about the pivot level, then why is it on your chart??? Maybe pretty decorations give you a calmer feeling?
To free Gazans of Hamas, use whatever it takes.
  • #124,747
  • Sep 16, 2021 4:00am Sep 16, 2021 4:00am
Quoting emmanuel7788
{quote} USDCHF Sep 16 H1 trade update - set new TP at next RN 0.9250 and with more profit locked - trailing using HA candle low - will exit when I see PA fails with MOMENTUM high....as I tighten TSL > watch carefully the RSI green price line exited the blue upper VB, observe the price action later on and the VB expanding. {image}

USDCHF Sep 16 H1 trade update:

You heard of "Let Profits Run", but how do you do it?

> new TP moved to 0.9275 using the push TP method
> when the last H1 bar mad e higher high and closed, the TP is pushed higher by +25pips.
> at the same time the trailing SL is move to below the last HA candle ... HA CSTSL method.

> all the above trade exit management functions can be done using a trade manager EA... like THV CaveManager.

- this trade will most probably be stopped out when the next consolidation with small candles.... just a matter of time.

Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF Sep16 H1 trade update push TP 16-9-2021 6-52-08 pm.png Size: 40 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #124,748
  • Sep 16, 2021 4:02am Sep 16, 2021 4:02am
Too much time is being spent on trolling by the troll and too little time spent on learning and applying the information about only the 5-method that BigE presented. So it is no surprise that his account suffers huge losses, even being wiped out, as he has posted.
To free Gazans of Hamas, use whatever it takes.
  • #124,749
  • Sep 16, 2021 4:12am Sep 16, 2021 4:12am
Quoting DrDave
{quote} don't worry about pivot level, LOL If you don't worry about the pivot level, then why is it on your chart??? Maybe pretty decorations give you a calmer feeling?
calmer feeling. yes why not, we should use what gives us calmer feelings if it makes money.

nice word selections
MA provides the market's current direction and strength.
  • #124,750
  • Sep 16, 2021 5:22am Sep 16, 2021 5:22am
i testing a similar method.
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  • #124,751
  • Sep 16, 2021 5:23am Sep 16, 2021 5:23am
Quoting emmanuel7788
{quote} USDCHF Sep 16 H1 trade update: You heard of "Let Profits Run", but how do you do it? > new TP moved to 0.9275 using the push TP method > when the last H1 bar mad e higher high and closed, the TP is pushed higher by +25pips. > at the same time the trailing SL is move to below the last HA candle ... HA CSTSL method. > all the above trade exit management functions can be done using a trade manager EA... like THV CaveManager. - this trade will most probably be stopped out when the next consolidation with small candles.... just a matter of time....
USDCHF Sep 16 H1 trade update at NY Open

- "Let Profits Run"

> another push TP +25pips above last Close price.
> move trailing SL to previous HA candle low

- potential hitting AWR today... 100pips from low

Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF Sep16 H1 trade update push TP2 16-9-2021 8-17-04 pm.png Size: 42 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #124,752
  • Sep 16, 2021 5:28am Sep 16, 2021 5:28am
Good morning,
Am a new beginner in this beautiful world of trading and am looking for advice.
Could you, members of the forum, suggest me advice than can help me in learning the basics, the fondamental Technics of trading?
Thanks
  • #124,753
  • Sep 16, 2021 5:51am Sep 16, 2021 5:51am
Quoting emmanuel7788
{quote} AU Sep 16 Frankfurt Open Tokyo 3pm 11PM PDT - this is not often to have M15 and H1 alerts in the same hour open and the H4 already running in its trade window. > I go for it ! {image}

AU Sep16 H1 trade update:

- this morning news release trade
- always wait until the news released and take the trade later


Attached Image (click to enlarge)
Click to Enlarge Name: AU Sep 16 H1 trade news 16-9-2021 8-42-02 pm.png Size: 40 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #124,754
  • Sep 16, 2021 5:54am Sep 16, 2021 5:54am
Quoting emmanuel7788
{quote} Trading Made Simple ... Big E' 4hr trading his local time 2AM PDT TMS Monitor Sep 16 2AM PDT 5AM EST > you know the pair with H4 established swing PA above or below its 5EMA > now we wait for H1 and M15 during the open Trade Window. {image}

EU Sep16 H1 trade FO

- follow the H4 direction and tradeH1 entry during the open trade window

#281


>>>make the transition to trade the 4hr during the London session

Attached Image (click to enlarge)
Click to Enlarge Name: EU Sep16 H1 H4 PA trade 16-9-2021 8-44-26 pm.png Size: 41 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #124,755
  • Sep 16, 2021 6:11am Sep 16, 2021 6:11am
"All of this happened before you got a TDI signal." So what Jmn? Why is it important to know what happened before TDI gave the signal?
That question should be self evident. I will not bother with details.

What are the rules of this method. Trading H4 timeframe - Refresh chart every 4 houers. - TDI crossover with angle above/below 2/4. - Stoch confirm direction - Use post#647 to confirm crossover. - Place or don't place order, stand up and leave the computer/ Points 1, 2, 3 >great example of PA< will be noticed after it happened because you were not at computer for 4 houers.
All of this is correct.

What your post indicate is that the trader sat behind the computer,
Yes

staring at the chart,
No. They have these things that tell time, they are called watches, and they can be set.

watch how price moved up/down to form that wick, saw how the bull's butt got kicked blue, took time off to make coffee, spend more time watching how the bulls tried twice more to win.

Yes, and some of us could see that well before the TDI traders got on the train. Not bad thing for those of us at the front of the train.
If you are good at something, never do it for free--Joker
  • #124,756
  • Sep 16, 2021 7:18am Sep 16, 2021 7:18am
Quoting Sarim
Good morning, Am a new beginner in this beautiful world of trading and am looking for advice. Could you, members of the forum, suggest me advice than can help me in learning the basics, the fondamental Technics of trading? Thanks
Here you: https://www.babypips.com/learn
  • #124,757
  • Sep 16, 2021 8:02am Sep 16, 2021 8:02am
Quoting jmn5611
"All of this happened before you got a TDI signal." So what Jmn? Why is it important to know what happened before TDI gave the signal? That question should be self evident. I will not bother with details. What are the rules of this method. Trading H4 timeframe - Refresh chart every 4 houers. - TDI crossover with angle above/below 2/4. - Stoch confirm direction - Use post#647 to confirm crossover. - Place or don't place order, stand up and leave the computer/ Points 1, 2, 3 >great example of PA< will be noticed after it happened because you were...
"I will not bother with details"
Yet, you respond to what is posted.
"No. They have these things that tell time, they are called watches, and they can be set."
Then how does the trader know all those things happened if not staring at the chart?
They use watch, so does TDI (with a alert) or like BigE with a alarm clock set to every four houers
---
No. They have these things that tell time....... / Yes, and some of us could see that well before the TDI
The use of watch indicate trader was not a computer (No need to be), there for it is impossible to see well before TDI.
Yes, and some of us could see that well before the TDI traders got on the train. Not bad thing for those of us at the front of the train.
What does it benefit the trader to be in front of the train, see all those things happen and wonder when to place an order because "something" about those "things" did not look right.
- TDI gives a signal which indicate that the trader must look at those things on time every time. If something does not look right about those things he does not place an order.
----
Jmn, so far you have not given convincing points to justify Post 124,674: All of this happened before you got a TDI signal.

Suggestion: Post a chart, show readers how it does benefit the trader to be in front of the train.
One condition: What you post must be current and on the first bar on the chart (most right) just like being in front of a train.
-Two chart's with and without TDI.

No hindsight charts with beautifully explained PA
See this formation, look how price went up or down
(Any pair that BigE used, any timeframe)
  • #124,758
  • Sep 16, 2021 9:35am Sep 16, 2021 9:35am
Quoting tommydoginti
{quote} {image} A lower high is formed as price rejected from previous high (resistance) and reach previous low 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}
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GU sell from Lower High to previous low.

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  • #124,759
  • Sep 16, 2021 9:57am Sep 16, 2021 9:57am
Quoting jmn5611
"All of this happened before you got a TDI signal." So what Jmn? Why is it important to know what happened before TDI gave the signal? That question should be self evident. I will not bother with details. What are the rules of this method. Trading H4 timeframe - Refresh chart every 4 houers. - TDI crossover with angle above/below 2/4. - Stoch confirm direction - Use post#647 to confirm crossover. - Place or don't place order, stand up and leave the computer/ Points 1, 2, 3 >great example of PA< will be noticed after it happened because you were...
What your post indicate is that the trader sat behind the computer,
Yes

That is the beauty of TMS that seen as drawback for some traders wanting to be first - Spend less time thinking about trading and charting in exchange of being second to catch the swing. Higher odds of winning in exchange of slightly lower RR. Just my opinion
Entry rule of TMS is TDI green cross/bounce red as trigger. With PA that put you in bias ahead of the signals, one can further filter out only the few valid signals (e.g. only Buy signal in Buy bias). Very handy for traders with job or activities during the day.

staring at the chart,
No. They have these things that tell time, they are called watches, and they can be set.

Better to use alerts based on price or indicator behavior instead of time. Simply because price does not wait until candle close to make a decisive move. I agree with you of getting ahead of the train (to trade for you, to confirm bias and trade window for me), then shouldn't be bound by time because price does not wait for no one. Especially for signals at candle close.
  • #124,760
  • Sep 16, 2021 10:10am Sep 16, 2021 10:10am
Quoting emmanuel7788
{quote} I am going to show you what you will be missing today Sep16

Attached Image (click to enlarge)
Click to Enlarge Name: US30 Sep16 LO hour 16-9-2021 3-36-42 pm.png Size: 22 KB


{image}
Sep 16 Another great trading day knowing market key levels and its day open,

Attached Image (click to enlarge)
Click to Enlarge Name: US30 Sep16 M5 17-9-2021 1-03-54 am.png Size: 25 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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