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Trading Made Simple

  • #125,021
  • Sep 20, 2021 3:43am Sep 20, 2021 3:43am
Quoting emmanuel7788
{quote} good when members start read Big E posts and learn from his chart. Post#137 chart - there is more than one method on his chart {image}
I have always been suggesting other traders to read and study BigE's posts.

But you pointing out and asking about the Moving Averages indicates you do not understand BigE's Trading Made Simple method.

Try again. Keep trading simple and you will finally understand BigE's Trading Made Simple.
Don't do Trading Made Complicated by adding unnecessary elements.
The answer is in BigE's posts.

#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...

There is a handful who trade it correctly here who are rewarded nicely...

#731. Pretty straightforward to spot consolidation, 2 elements top.
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  • #125,022
  • Sep 20, 2021 3:48am Sep 20, 2021 3:48am
Quoting emmanuel7788
{quote} the only control timeframe we use as further add-on in our Big Picture is the Weekly chart timeframe and it it known as the Weekly Control Candle WCC . Go and learn something from strat and follow his THE PATH. Do not confuse WCC and WRB which is Wide Range Bar analysis. The lower TFs do not tell you anything about the market. Try learn more about...
You are going against BigE's advice, just so you know.

Price movement at any TimeFrame can be read and interpreted. Also the TDI signals.

#701
.. look at the wick pullback on the big candle !!!!! wow... I'm expecting a short lived trade... next candle is at the bottom of the TDI check mark with another candle pullback... time to exit... last two candle bottoms are about the same... exit, exit, exit ! Look to the left (2 blue boxes) that's what is stopping the downward movement... and the last candle starts up.

Take time to learn to read your candles and what their trying to shout at you as well as your TDI signals...

This is all BASIC FX things you need to know and recgonize...

BigE could obtain information of current market conditions based on a m15 chart

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  • #125,023
  • Sep 20, 2021 3:50am Sep 20, 2021 3:50am
Quoting tommydoginti
{quote} I have always been suggesting other traders to read and study BigE's posts. But you pointing out and asking about the Moving Averages indicates you do not understand BigE's Trading Made Simple method. Try again. Keep trading simple and you will finally understand BigE's Trading Made Simple. Don't do Trading Made Complicated by adding unnecessary elements. The answer is in BigE's posts. #2617 2scoops asked me a long time ago what would be the most beneficial to learning...

hey @tommydog

LOL.

You are good at spinning stories too after I pointed out you missed those two moving averages on his Post#137 chart.

I already pointed out that same chart #137 many moons ago.


Keep on doing it!

and

Thanks for the laughs today.

we are looking forward to see your closed winning trades this week.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #125,024
  • Sep 20, 2021 3:50am Sep 20, 2021 3:50am
Quoting emmanuel7788
{quote} hey @Davey-boy aka @toxicfakeguru you are another one behaving like a bozo Do you have watch or a clock that tell the time of of day and time of post in FF?
the time of of day and time of post in FF?
OK, Vincent, let ME help YOU out. It doesn't matter in this case, as long as the chart that I show includes at least the time that you are referencing: And my chart shows it.

The white Vline is GMT 0 today. Clear to see NOWHERE during the current day nor past 2 days does price reach 34110!!! Even YOUR chart makes that fact clear!!! LOL
Attached Image


But keep blowing smoke and keeping your suckers confused so that they can't decide whether or not to wriggle off the hook.
To free Gazans of Hamas, use whatever it takes.
  • #125,025
  • Sep 20, 2021 3:54am Sep 20, 2021 3:54am
Quoting emmanuel7788
{quote} hey @tommydog LOL. You are good at spinning stories too after I pointed out you missed those two moving averages on his Post#137 chart. I already pointed out that same chart #137 many moons ago. Keep on doing it! and Thanks for the laughs today. we are looking forward to see your closed winning trades this week.
As I mentioned in #125021, the indicators have nothing to do with what I was discussing with 808, which is how BigE identified consolidation areas.

I merely point out that if you are looking at Moving Averages on charts, that means you do not get what BigE's message in #2617.

Do not let other craps distract your focus on BigE's Trading Made Simple.
  • #125,026
  • Edited 4:05am Sep 20, 2021 3:54am | Edited 4:05am
Quoting emmanuel7788
quote=Tekkies;13712927] Smoke with mirrors How many readers see only PROFIT 537? Thinking "WOW this Vincent know how to trade, look at all that profit. Look at the Lot size 5.00. Trade with such a lot size will give large profit (or large loss). It is easy to use what BigE posted about $500-$1,000 PER EVENING when trading with Lot size = 5 {image} What the profit will be with Lot size = 0.01 or 0.05 that many readers trade with? Will Vincent post such a "low" profit? ----- Other good one is this Post...
hey @Tekkies #557 The money I put into my last trading account ($10,000) I don't even think about it. It's like the money you take to Las Vegas. You hope to win but don't often... Your taking money for entertainment and relaxation... So I don't give it a second thought... It's entertainment money as I said... Besides It always grows larger... I REMEMBER THE DAYS WRINGING OUT MY HANDS FOR MY $500 ACCOUNT... THE SKIES FALLING ! Help, help, help. If I enter a trade lets say and I'm monitoring the trade and its up 50 pips but suddenly it pulls back 10-15 pips I just exit. I'll keep the profit at $10 a pip... no big deal. If it turns and continues (bounce) I'll just jump back in... Don't get so rigid... #7555 I started trading full lots last year... tiring of $1 a pip. Takes the same amount of work... why not get paid for it? Often shooting for $500-$1,000 PER EVENING. iT'S NOT UNCOMMON TO FIND 3-6 TRADE SET UPS PER EVENING. Sometimes I would set the TP to 20 pips. 3-6 pairs hitting 20 pips... a few losers maybe... made for a handsome profit. If I put all of my eggs in one basket... it was hit or miss.... I trade both ways with success... and remember "Job and Moses" post "I've never used money management rules like most people use it... 2-3% on a trade... never seemed to fit my personality and I'm sure it's frustrated more than a few of you out in Forex Land... Most of my trades use from 15-30% of my account... why? That's where I feel most comfortable trading.... and why one of MY PERSONAL RULES is to exit the trade at the 12-15 pip pullback region... Regardless of the time frame... It's always worked for me... and made me pips... I take the best trade set ups... I got the patience of Job and Moses... I've always had the nack of making up any losses pretty fast so it doesn't scare me... I'm confident ! This secret is just between you and me... I don't recommend it for anyone else...[/quote]
Folks, great learning material if you are bent on becoming a master defrauder. A CLASSIC example of a non-answer answer!! Just make an answer, preferably a very long one so that the reader forgets about the original subject, and then say whatever you feel like to deflect from the original subject.
To free Gazans of Hamas, use whatever it takes.
  • #125,027
  • Sep 20, 2021 3:55am Sep 20, 2021 3:55am
Quoting tommydoginti
{quote} You are going against BigE's advice, just so you know. Price movement at any TimeFrame can be read and interpreted. Also the TDI signals. #701 .. look at the wick pullback on the big candle !!!!! wow... I'm expecting a short lived trade... next candle is at the bottom of the TDI check mark with another candle pullback... time to exit... last two candle bottoms are about the same... exit, exit, exit ! Look to the left (2 blue boxes) that's what is stopping the downward...

hey @tommydog

very good to see you are still at forex basics.

keep on learning and you will make it soon.

many here starting late like you did in Oct 2020 will join you here and learn from this point onwards.

what I am sharing here since 2012 is "advance forex stuff". Do you know who said this?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #125,028
  • Sep 20, 2021 3:58am Sep 20, 2021 3:58am
Quoting DrDave
{quote} the time of of day and time of post in FF? OK, Vincent, let ME help YOU out. It doesn't matter in this case, as long as the chart that I show includes at least the time that you are referencing: And my chart shows it. The white Vline is GMT 0 today. Clear to see NOWHERE during the current day nor past 2 days does price reach 34110!!! Even YOUR chart makes that fact clear!!! LOL {image} But keep blowing smoke and keeping your suckers confused so that they can't decide whether or not to wriggle off the hook.

LOL.

Poor @Davey-boy

still cannot get it 34110 level

How on earth can he trade S&P500 if he cannot even read his watch / clock and his realtime price price chart.

Just another smoke and mirror post to distract realtime trading now.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #125,029
  • Sep 20, 2021 3:59am Sep 20, 2021 3:59am
next 4hr soon

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #125,030
  • Sep 20, 2021 4:02am Sep 20, 2021 4:02am
Quoting emmanuel7788
{quote} what? $434 profit... LOL. My AUDNZD long swing trade in 5 weeks make more money that your pathetic TDA with IMT. It is CashFlow model.... some call that Las Vegas. here is the post update: https://www.forexfactory.com/thread/...2#post13712152 {image}
Sure, $400 profit is a GREAT annual return on a $1000 stake: Just check what your bank is offering for interest on a $1000 deposit.

You have no information about the other trading that I do. I prefer to post the information about a measly $1000 account so that the newcomers can see there is REALISITC trading that they can do when they have very little in discretionary funds available. How many of your suckers have $10,000 of "Las Vegas" funds to risk losing in your (fake) trading?

In any case, my IMT trading compared to your swing trading is like comparing apples to manure.
To free Gazans of Hamas, use whatever it takes.
  • #125,031
  • Sep 20, 2021 4:02am Sep 20, 2021 4:02am
Quoting emmanuel7788
next 4hr soon {image}

USDCHF Sep20 H4

- I get a DBHLC alert on my chart

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #125,032
  • Sep 20, 2021 4:05am Sep 20, 2021 4:05am
Quoting DrDave
{quote} Sure, $400 profit is a GREAT annual return on a $1000 stake: Just check what your bank is offering for interest on a $1000 deposit. You have no information about the other trading that I do. I prefer to post the inforamtion about a measly $1000 account so that the newcomers can see there REALISITC trading that they can do when they have very little in discretionary funds available. How many of your suckers have $10,000 of "Las Vegas" funds to risk losing in your (fake) trading? In any case, my IMT trading compared to your swing trading is...

LOL.

You do not have a USD10,000 account.

My retirement annuity pays 4.5% plus additional 1.0% for sum above 7-figures.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #125,033
  • Sep 20, 2021 4:24am Sep 20, 2021 4:24am
Quoting emmanuel7788
{quote} LOL. You do not have a USD10,000 account. My retirement annuity pays 4.5% plus additional 1.0% for sum above 7-figures.
You do not have a USD10,000 account.
You are correct: I do not trade such small accounts any more.
To free Gazans of Hamas, use whatever it takes.
  • #125,034
  • Edited 5:15am Sep 20, 2021 4:31am | Edited 5:15am
Quoting emmanuel7788
{quote} hey @tommydog very good to see you are still at forex basics. keep on learning and you will make it soon. many here starting late like you did in Oct 2020 will join you here and learn from this point onwards. what I am sharing here since 2012 is "advance forex stuff". Do you know who said this?
Thanks. I would simply stay with BigE’s Trading Made Simple.

I trade out of hobby and have a lot of other things to do. So I just learn the essence of TMS by BigE. I don’t see any craps here in this TMS thread has much better performance, particularly in the posts for the last 5 years

Many readers here are starting late like me. Of course best is to start with the basics as of BigE.

sticking to the Trading Made Simple method which BigE mentioned using only BASIC forex, I don’t see any reason going complicated and introduce crap indicators and EAs, or make things complicated.

BigE #495
Starting out you should be 60-65% successful. Within 1 to two months you should be 70-80% successful.. IF... you follow the simple rules and simple exits... 3-6 months... 85% successful. Don't complicate it... keep it simple. Buy your wheel barrow..


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  • #125,035
  • Sep 20, 2021 4:46am Sep 20, 2021 4:46am
Quoting ChazFarote
{quote} Hi, so I am trying to study old charts and just came across this. So by going back in time and just advancing one candle at a time is not a good method to recognizing entry/exit? Just wait for live market? I wanted to study 4 hour charts but then learning would take me sooo much longer if waiting on live charts. Thank you for all your help!
Hi ChazFarote

Short answer is YES. you can backtest with TMS TDI green red indicator at #25

Long answer is the indi needs refreshing before performing analysis (At least before trade open, BigE #11). So actually extra caution is needed when FORWARD testing.

Additional info:
1. MQL community, one of many threads concerning iCustom() (used in TDI indi #25) giving wrong values in new candle formations
https://www.mql5.com/en/forum/223727

2. #122947
Detailed explanation of the TDI #25 is not “repainting”

3. #123685
explaning that manual backtest is possible because it is “refreshed” and if EA, needs a coding trick so it’s buffered values can be “refreshed” in tick backtest

4. #124552
(thanks Tekkies)
summary of posts that BigE refreshed chart BEFORE analysis and trade executions.


I expect some TROLLS will fixate on their misunderstanding. But they won’t be able to provide evidence.

you know what, try it yourself and you will know what the info above means.
Do not be deceived and waste your valuable time in your trading progress.

trade well.
  • #125,036
  • Sep 20, 2021 4:57am Sep 20, 2021 4:57am
Quoting emmanuel7788
{quote}Did Big E trade US30 indices in this thread?
No, he did not. So why are you posting US30 charts in this thread?

Is it because Tekkies is trading US30?
When Tekkies traded DAX you posted DAX charts, when Tekkies traded XAUUSD, you posted XAUUSD charts.

Now Tekkies has a visible Trade Explorer, are you going to copycat Tekkies and have your own visible Trade Explorer linked to what you post here?

NAAAA, I don't think so, for you are scared shitless that your Trade Explorer will show the truth how you really trade.
  • #125,037
  • Sep 20, 2021 5:38am Sep 20, 2021 5:38am
Quoting tommydoginti
{quote} Hi ChazFarote Short answer is YES. you can backtest with TMS TDI green red indicator at #25 Long answer is the indi needs refreshing before performing analysis (At least before trade open, BigE #11). So actually extra caution is needed when FORWARD testing. Additional info: 1. MQL community, one of many threads concerning iCustom() (used in TDI indi #25) giving wrong values in new candle formations https://www.mql5.com/en/forum/223727 2. #122947 Detailed...
Found one more:
#11...... My page when I open up my charts has 8 open charts..................... turn off the pc...............

Can meaning anything, would assume that MT4 platform have been started.
  • #125,038
  • Sep 20, 2021 5:52am Sep 20, 2021 5:52am
Quoting tommydoginti
{quote} Thanks. I would simply stay with BigE’s Trading Made Simple. I trade out of hobby and have a lot of other things to do. So I just learn the essence of TMS by BigE. I don’t see any craps here in this TMS thread has much better performance, particularly in the posts for the last 5 years Many readers here are starting late like me. Of course best is to start with the basics as of BigE. sticking to the Trading Made Simple method which BigE mentioned using only BASIC forex, I don’t see any reason going complicated and introduce crap indicators...
BigE mentioned using only BASIC forex,

And you are proof that grasping the BASICS that BigE presented indeed can result in Starting out you should be 60-65% successful and then the follow-on of Within 1 to two months you should be 70-80% successful is realistic, trading on ANY timeframe.
IF... you follow the simple rules and simple exits... 3-6 months... 85% successful. Don't complicate it.
Some folks that are essentially failures with the 5-method, shown by taking YEARS to reach being 65% successful, and that ONLY after moving from small TFs to H4 or higher and introducing EAs, other indicators, and parts from myriad other systems, are testament to BigE's words of post #1933, Just follow the simple entry rules and TDI exit rules... this isn't brain surgery or rocket science. Just follow what I show you... what I tell you... not what others say that's not within the rules. It's simple and many of you are thinking it can't be this simple so you try to add things and complicate it... that will only lead to your minimum performance or failure...
To free Gazans of Hamas, use whatever it takes.
  • #125,039
  • Sep 20, 2021 6:19am Sep 20, 2021 6:19am
Quoting Tekkies
{quote} No, he did not. So why are you posting US30 charts in this thread? Is it because Tekkies is trading US30? When Tekkies traded DAX you posted DAX charts, when Tekkies traded XAUUSD, you posted XAUUSD charts. Now Tekkies has a visible Trade Explorer, are you going to copycat Tekkies and have your own visible Trade Explorer linked to what you post here? NAAAA, I don't think so, for you are scared shitless that your Trade Explorer will show the truth how you...

LOL.

@Tekkies

You did not read what Divergence told me back in 2019.

You think I am following you. Go get a life.

Close your US30 buy now and take the loss. ... its in DD now and if you see better buy at lower price when NYSE trading hours, then buy lower .
If I am online later, I may post some trades when NYSE bell ring.

But I am tired now and need a few more hours sleep.

Trade Safe. Always use stop loss for every trade.

#7662
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #125,040
  • Sep 20, 2021 6:24am Sep 20, 2021 6:24am
Quoting Tekkies
{quote} Found one more: #11...... My page when I open up my charts has 8 open charts..................... turn off the pc............... Can meaning anything, would assume that MT4 platform have been started.

make a guess... he used a Dell Laptop in 2011.
in those days, the laptop takes forever to boot up with the old days HDD.
he was not a tech savvy person.

today, my Lenovo YOGA notebook boots up in less than 10seconds with M.2 NVME 256GB.

if I close my screen, programs are still running
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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