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Trading Made Simple

  • #126,101
  • Oct 2, 2021 4:07am Oct 2, 2021 4:07am
Quoting emmanuel7788
{quote} Weekend revision time: 1st Trading Chart. >>> green crossing red enter on that new PA candle... {image} study PA on the same training chart: {image} coming up next ... Post#2617 Taking clean trades is a breeze for me... why?

Training chart Post#2

continue,

Attached Image (click to enlarge)
Click to Enlarge Name: Big E post#2 training chart.png Size: 154 KB


then

without TDI the price action still there and the same,



Attached Image (click to enlarge)
Click to Enlarge Name: Big E post#2 training chart not TDI.png Size: 125 KB



Big E was right all the time.


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,102
  • Oct 2, 2021 4:11am Oct 2, 2021 4:11am
Quoting emmanuel7788
{quote} Training chart Post#2 continue, {image} then without TDI the price action still there and the same, {image} Big E was right all the time. ...

<<<<<<<<<<<<<<<<>>>>>>>>>>>>>>>>>>>>>>>>
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
  • #126,103
  • Oct 2, 2021 4:39am Oct 2, 2021 4:39am
Quoting emmanuel7788
{quote} good your got that timeframe change resolved. make sure you have the correct files and templates just to make sure you get the correct 'signal' alerts according to the OP H4 and H1 trading. the TDU Green Red version is important for the correct C-Slope and P-Slope values for analysis and trade decision. ***Do Not follow the recommendation column blindly*** because that recommendation does not include the Stoch signal condition. (Post#261) When you get the alert, you must go to your trading charts and check if there are trade setups...
thank you for warning do not follow recommendations blindly. More than often I had seen strong buy, but P was near equal high, or sell when P near equal low. I thought I caught the timing to read the signals too late, but no even when I looked at it at session openings that still happened sometimes
  • #126,104
  • Oct 2, 2021 5:17am Oct 2, 2021 5:17am
Quoting emmanuel7788
{quote} @Tekkies stop wasting your time. learn some basic price action reading candlesticks since you got rid of the HA candles. here I posted a few this week: Chart #1 this is a A+++ trade setup ... > its a Master Candle [3] consolidation > MC[3] breakout trade with price MOMENTUM >>> you will see this on your TMS 5-Method chart template if you follow Big E Post#261 {image} more coming up next,
I trade this kind of setups, I call it box break out, with prior momentum move.

here People can trade this setups in H1 chart, I found Very good results so far.

To trade this setups, No need indicator at all.
MA provides the market's current direction and strength.
  • #126,105
  • Oct 2, 2021 7:27am Oct 2, 2021 7:27am
Quoting emmanuel7788
EurUsd Oct H1 ... near 2AM PDT London 10AM - anyone waiting for a H1 5-bars swing high reversal candle setup? - you have to be patient.... - H4 PA must agree with H1 PASR + Stoch + RSI green line {image}
Pls do u know how to use volume to trade if u do can u teach me how to use it ?
  • #126,106
  • Oct 2, 2021 7:37pm Oct 2, 2021 7:37pm
Quoting Osarojoshua
{quote} Pls do u know how to use volume to trade if u do can u teach me how to use it ?
Big E did not use volume when trading retails spot forex.

I use real volume when I trade exchange traded Futures - Currency Futures and Indices Futures.

People here are not interested in volume except to trade when green line crossed red line, green line crossing red line, green line bounce off red line....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,107
  • Oct 2, 2021 7:48pm Oct 2, 2021 7:48pm
when market open ,

do this everyday,

Big E Post#11:
==============================
Before trading the First thing we do is print out the Daily Calendar from Forex Factory and put next to your computer for News Releases.

Second thing we do is check out our Tokyo Channel to make sure the spread is at least 40 pips or more from Hi to Low. If it's less than 40 pips we don't trade the chart until it is. Tokyo Channel starts at the beginning of the new day and runs until midnight New York time or until the Euro market opens.

Why is this important? On the 15 minute G/U chart we want to see our Hi/Lo swings at 30-60 pips so you are making good money on the few trades you'll make. Normally on that chart/timeframe the Tokyo Channel top to bottom has to be over 40 pips before you get those kind of swings. This is critical.

Craig normally starts trading at the London Open. He normally trades 2 1/2 to 3 hours.

Personal Note: I start looking for set ups 2 hours before the London Open when the Tokyo Channel is over 40 pips by that time.

Unless your over 50 it shouldn't be a big deal to stay up to midnight or 1 AM and go to work the next day. You probably do that most weekends already?

===============================

> What if the Asian channel (also known as the Tokyo channal) is less than 40pips, say 20 pips and the previous days were narrow ranged and the Friday Oct01 Daily an Day Inside Bar?

Example EU H1 Oct New York Close 5pm EST.

Attached Image (click to enlarge)
Click to Enlarge Name: EU Oct01 H1 NYClosed3-10-2021 8-45-58 am.png Size: 44 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,108
  • Oct 2, 2021 8:04pm Oct 2, 2021 8:04pm
Quoting emmanuel7788
when market open , do this everyday, Big E Post#11: ============================== Before trading the First thing we do is print out the Daily Calendar from Forex Factory and put next to your computer for News Releases. Second thing we do is check out our Tokyo Channel to make sure the spread is at least 40 pips or more from Hi to Low. If it's less than 40 pips we don't trade the chart until it is. Tokyo Channel starts at the beginning of the new day and runs until midnight...

EU Week 40 Oct 04 to 08
pipware charts

- two interesting price levels 1.1609 and 1.1562, we shall see if the market will trade above or below these levels next week and till end Oct.

- look for a low risk trading idea and try catch a +5R trade.

Attached Image (click to enlarge)
Click to Enlarge Name: EU Oct01 NYC H1 pipware charts 3-10-2021 9-03-02 am.png Size: 52 KB


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,109
  • Oct 2, 2021 8:10pm Oct 2, 2021 8:10pm
OFF-TOPIC:

spent Sunday morning repairing my PC Notebook because the battery was hot and not charging, and found this very bloated battery.
At the same time cleaned the clogged fans.
Now all is good, its quiet and smooth running and without internal battery.

Attached Image (click to enlarge)
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Attached Image (click to enlarge)
Click to Enlarge Name: clog dirty PC fan.jpeg Size: 651 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,110
  • Oct 3, 2021 2:31am Oct 3, 2021 2:31am
Quoting emmanuel7788
OFF-TOPIC: spent Sunday morning repairing my PC Notebook because the battery was hot and not charging, and found this very bloated battery. At the same time cleaned the clogged fans. Now all is good, its quiet and smooth running and without internal battery. {image} {image}
Wow, it looks pretty old.... My old Macbook had the same issue: https://www.forexfactory.com/thread/...5#post13111505
You are rich but also a frugal person at the same time I believe....
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #126,111
  • Oct 3, 2021 5:06am Oct 3, 2021 5:06am
Reading the last few post, TDI decided to come along and blow them all them all to bits:
There is a reason why BigE posted this:
#6...... Important to study TDI entries on old charts, any time frame... Give yourself a chance and trade it like it's laid out...

Apply the above sentence against what gets posted and you will notice they have little value .
Attached Image (click to enlarge)
Click to Enlarge Name: along.PNG Size: 109 KB

#6..... We Enter a trade when green crosses red on the TDI at the beginning of that candle
Exit of trades can be with BigE's advice or your own discretion.
- Seven profitable trades (blou)
- One loss trade (yellow)
  • #126,112
  • Oct 3, 2021 5:26am Oct 3, 2021 5:26am
Quoting Tekkies
Reading the last few post, TDI decided to come along and blow them all them all to bits: There is a reason why BigE posted this: #6...... Important to study TDI entries on old charts, any time frame... Give yourself a chance and trade it like it's laid out... Apply the above sentence against what gets posted and you will notice they have little value . {image} #6..... We Enter a trade when green crosses red on the TDI at the beginning of that candle Exit of trades can be with BigE's advice or your own discretion. - Seven profitable trades (blou)...

reading Tekkies post above, it reminds me of the OP Big E' Post#658

<>
Remember that not everyone sees the market and TDI the same way you do...
<>
Attached Image



my post chart here again:

Attached Image (click to enlarge)
Click to Enlarge Name: EU Oct01 H1 NYClosed3-10-2021 8-45-58 am.png Size: 44 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,113
  • Oct 3, 2021 5:33am Oct 3, 2021 5:33am
Quoting heispark
{quote} Wow, it looks pretty old.... My old Macbook had the same issue: https://www.forexfactory.com/thread/...5#post13111505 You are rich but also a frugal person at the same time I believe....
You are rich but also a frugal person at the same time I believe....
WOW! He's got you fooled!

I wonder how many others swallowed that.
To free Gazans of Hamas, use whatever it takes.
  • #126,114
  • Oct 3, 2021 5:34am Oct 3, 2021 5:34am
Quoting Tekkies
Reading the last few post, TDI decided to come along and blow them all them all to bits: There is a reason why BigE posted this: #6...... Important to study TDI entries on old charts, any time frame... Give yourself a chance and trade it like it's laid out... Apply the above sentence against what gets posted and you will notice they have little value . {image} #6..... We Enter a trade when green crosses red on the TDI at the beginning of that candle Exit of trades can be with BigE's advice or your own discretion. - Seven profitable trades (blou)...

hey @Tekkies

learn from Big E old posts and charts:

a few simple tips:

1) do not trade after London session closed
2) do not trade during the Asian session until you see the Asian session high-low
3) if you want to trade H1, the best trading hours was between London Open till London Close, note the overlap hours of the London session and the NY session.
4) you can trade the 4hr at 10PM PDT and 2Am PDT and close 4hr trades at 6AM PDT
5) and trade H1 during the first 2 to 3hours of New York session open.
6) do not trade one hour before major news /events.... best wait for the news release the trade after that
7) also trade the Daily
8) try the Weekly too!

Daily trade charts examples
#357
https://www.forexfactory.com/showthr...50#post4577150
#283
https://www.forexfactory.com/showthr...96#post4576096
#4171
https://www.forexfactory.com/showthr...11#post4527311
#3850
https://www.forexfactory.com/showthr...23#post4441523
#3679
https://www.forexfactory.com/showthr...85#post4420885
#3573
https://www.forexfactory.com/showthr...29#post4412229

Weekly trade examples
#700
https://www.forexfactory.com/showthr...00#post4582200
#1967
https://www.forexfactory.com/showthr...07#post4605507
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,115
  • Oct 3, 2021 5:40am Oct 3, 2021 5:40am
Quoting DrDave
{quote} You are rich but also a frugal person at the same time I believe.... WOW! He's got you fooled! I wonder how many others swallowed that.
@fakeDr ... yet again .. still angry on a Sunday weekend.

its okay ... 95% traders lose money and 100% TDA with IMT traders lose money ... because there is only the OP trading with IMT.

Attached Image
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,116
  • Oct 3, 2021 6:10am Oct 3, 2021 6:10am
Quoting Tekkies
Reading the last few post, TDI decided to come along and blow them all them all to bits: There is a reason why BigE posted this: #6...... Important to study TDI entries on old charts, any time frame... Give yourself a chance and trade it like it's laid out... Apply the above sentence against what gets posted and you will notice they have little value . {image} #6..... We Enter a trade when green crosses red on the TDI at the beginning of that candle Exit of trades can be with BigE's advice or your own discretion. - Seven profitable trades (blou)...

here @Tekkies

this is what you should follow:

-----------------------------------

when market open ,

do this everyday,

Big E Post#11:
==============================
Before trading the First thing we do is print out the Daily Calendar from Forex Factory and put next to your computer for News Releases.

Second thing we do is check out our Tokyo Channel to make sure the spread is at least 40 pips or more from Hi to Low. If it's less than 40 pips we don't trade the chart until it is. Tokyo Channel starts at the beginning of the new day and runs until midnight New York time or until the Euro market opens.

Why is this important? On the 15 minute G/U chart we want to see our Hi/Lo swings at 30-60 pips so you are making good money on the few trades you'll make. Normally on that chart/timeframe the Tokyo Channel top to bottom has to be over 40 pips before you get those kind of swings. This is critical.

Craig normally starts trading at the London Open. He normally trades 2 1/2 to 3 hours.

Personal Note: I start looking for set ups 2 hours before the London Open when the Tokyo Channel is over 40 pips by that time.

Unless your over 50 it shouldn't be a big deal to stay up to midnight or 1 AM and go to work the next day. You probably do that most weekends already?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,117
  • Oct 3, 2021 6:11am Oct 3, 2021 6:11am
Remember that not everyone sees the market and TDI the same way you do...
What TDI???
Attached Image

my post chart here again:
Attached Image (click to enlarge)
Click to Enlarge Name: b91961f90bf8120e640c7f0d5167d9e0.png Size: 51 KB

Vincent removed TDI, Vincent use TDI
> Wax on Wax off

Damn, it is easy to post so many contradictions.
Attached Image
  • #126,118
  • Oct 3, 2021 6:12am Oct 3, 2021 6:12am
Quoting Tekkies
Reading the last few post, TDI decided to come along and blow them all them all to bits: There is a reason why BigE posted this: #6...... Important to study TDI entries on old charts, any time frame... Give yourself a chance and trade it like it's laid out... Apply the above sentence against what gets posted and you will notice they have little value . {image} #6..... We Enter a trade when green crosses red on the TDI at the beginning of that candle Exit of trades can be with BigE's advice or your own discretion. - Seven profitable trades (blou)...

Post#97

Rules


　

1. London Market Trading - GBP/USD - 15 Minute Chart

2. Print out News Calendar - No trades 30 minutes before or after news.
If your in a trade - either exit or really tighten stop Loss.

3. Use Fractals on your chart to visually see and measure swings.

4. Put Tokyo Channel on your Charts - - - 40+ pip spread hi/lo minimum before trading. *** Very Important.

5. Swings should average 20 to 40 pips or more.

6. Enter on second candle using top/bottom of first candle for entry level. Use Buy stop or Sell Stop orders.

7. Exit on big numbers of 00 or 10 or 20 or 35 or 50 or 65 or 80 or 90.
These numbers are your target levels.

8. Lost Trade - Re-enter on the next swing doubling your lot size.
If second trade loses go back to normal lot size.

Swings average 20 to 40 pips on 15 minute time frame. On other time frames the swing size will be different.

**Highest ODDS for profit is trading the EURO Open, London Open and N.Y. Open on the GBP/USD 15 minute chart. Generally it may vary 15 minutes either side of those times. Happens about 3-4 days a week. Longer swings. **

Always trade on a Demo Account when learning new information. Don't risk your trading funds without completely understanding this or others information... Demo trade only.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,119
  • Oct 3, 2021 6:14am Oct 3, 2021 6:14am
Quoting Tekkies
Remember that not everyone sees the market and TDI the same way you do... What TDI??? {image} Vincent removed TDI, Vincent use TDI > Wax on Wax off Damn, it is easy to post so many contradictions. {image}
Its Big E Post#2 Training chart:

Step _1 PA is king
Step _2 remove TDI PA still king
Step _3 remove Stoc PA still king

Trading Made Simple ... 3 step 1,2,and 3

Attached Image (click to enlarge)
Click to Enlarge Name: Big e Post#2 chart.png Size: 117 KB



Step _1 PA is king
Attached Image (click to enlarge)
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Step _2 remove TDI PA still king
Attached Image (click to enlarge)
Click to Enlarge Name: Big E post#2 training chart not TDI.png Size: 125 KB


Step _3 remove Stoc PA still king
Attached Image (click to enlarge)
Click to Enlarge Name: Big E post#2 training chart remove TDI Stoch.png Size: 108 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,120
  • Oct 3, 2021 6:22am Oct 3, 2021 6:22am
Quoting eelfranz
Good Morning all you fabulous traders....

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...

#7555

>>> Yes, it is possible to make $500 to $1000 per day.

Trading US30 Sep 01 to Sep 30

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Indices Sep01 to Sep30 close post.png Size: 54 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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