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Trading Made Simple

  • #126,701
  • Oct 12, 2021 11:06am Oct 12, 2021 11:06am
Quoting tommytaylor
{quote} Hi Emmanuel Thank you for your reply. I think it was you that mentioned it a few times. Just wanted to know what m2m3m15 candle is and how you use it to trade. Appreciate the knowledge shared by you in this thread. Tommy
Just wanted to know what m2m3m15 candle is and how you use it to trade.
Then you've stumbled into the wrong thread. This is BigE's thread for discussing the 5-method ONLY!

post#5
26 April 2021
Folks were getting confused by mixing up rules from different methods so this thread will only be about the 5 method.

Or maybe you like to be in the crowd that is confused by mixing up rules from different systems?
To free Gazans of Hamas, use whatever it takes.
  • #126,702
  • Oct 12, 2021 11:07am Oct 12, 2021 11:07am
Quoting pips29
{quote} why I don't trade the tdi cross blindly..it would be tko had you done it {image}
why I don't trade the tdi cross blindly..
DUH! NOBODY that has actually read and understood BigE's posts would even THINK about trading the TDI crossings! They are not trade signals, they are merely ALERTS.
To free Gazans of Hamas, use whatever it takes.
  • #126,703
  • Edited 1:00pm Oct 12, 2021 11:11am | Edited 1:00pm
Quoting hasib
{quote} Bro, Here is my update, today I become little greedy. Trade gold, I know I told I will not trade gold but I have traded gold took few small loss, Now come to basic, EU. I have to do my basic, NO gold no US30. Just basic. Took few good trade in GJ too. {image}
Hasib, you are so predictable! You said you won't trade gold, then trade it. So of course, it is just a matter of time before you have your system filters that say do not make an entry now, but you will do it anyway, and just like your failed gold trading ...

But you do have consistency. Unfortunately for you, it's just consistent waffling.
To free Gazans of Hamas, use whatever it takes.
  • #126,704
  • Oct 12, 2021 11:18am Oct 12, 2021 11:18am
Quoting Vin3
Hi guys, please help me, regarding the method of Big E, if green cross red on TDI indicator, it said we will open trade, how about stoch, how to use this? Do we need to wait also the crossing of stoch indicator and why in the 1st chart of Big E there is moving average? what is the role of that MA, and what period is that, thank you guys
WOW, Vin3, it looks like you have not done your homework yet!! ALL of those questions are answered by reading starting from post #1.
To free Gazans of Hamas, use whatever it takes.
  • #126,705
  • Oct 12, 2021 11:25am Oct 12, 2021 11:25am
Quoting emmanuel7788
{quote} there is a MM strategy behind this and I trade a 5-trades cycle. I have not explain that yet.
Attached Image
To free Gazans of Hamas, use whatever it takes.
  • #126,706
  • Oct 12, 2021 11:28am Oct 12, 2021 11:28am
Quoting emmanuel7788
Watching these pairs as price makes new Daily high.... what is the Market Type of these pairs? ranging or trending? {image} {image}
what is the Market Type of these pairs? ranging or trending?
Oh, just out trolling for suckers again I see.
Attached Image
Attached Image
To free Gazans of Hamas, use whatever it takes.
  • #126,707
  • Oct 12, 2021 12:40pm Oct 12, 2021 12:40pm
Spent £10 on euromillion draw tonight. Jackpot is £184m
Let's get lucky
the cautious seldom err....C
  • #126,708
  • Oct 12, 2021 3:16pm Oct 12, 2021 3:16pm
Quoting pips29
{quote} why I don't trade the tdi cross blindly..it would be tko had you done it {image}
Can you share with me the indicator that display spread and candle information ?
Wealthy
  • #126,709
  • Oct 12, 2021 6:42pm Oct 12, 2021 6:42pm
Quoting emmanuel7788
{quote} US30 Daily chart view Oct 12 - someone did mentioned that he trades 'like a grandmother' ... very slowly one candle a day, - today may just be that day. {image}

US30 Oct13 Daily

- 'trade like a grandmother' Day 2

Attached Image (click to enlarge)
Click to Enlarge Name: US30 Oct13 Day2 trade like grandmother 13-10-2021 7-38-06 am.png Size: 20 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,710
  • Oct 12, 2021 6:56pm Oct 12, 2021 6:56pm
Quoting emmanuel7788
Watching these pairs as price makes new Daily high.... what is the Market Type of these pairs? ranging or trending? {image} {image}

M5 scalping the day new highs and new lows, you need to know a few things.

> look at the Previous Day Open, High, Low and Close

> the Daily price action if it is above or below its 5EMA Typical Price, Shift+2

> if the Daily is making higher high, higher low, + higher Close

> if the Daily is in CONSOLIDATION for example if the previous Day is and Inside Bar candle

....

GJ Oct13 M5 with Daily candle

Attached Image (click to enlarge)
Click to Enlarge Name: GJ Oct13 M5 0747am 13-10-2021 7-47-23 am.png Size: 42 KB

Attached Image (click to enlarge)
Click to Enlarge Name: GJ Oct13 daily 13-10-2021 7-55-44 am.png Size: 26 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,711
  • Oct 12, 2021 7:13pm Oct 12, 2021 7:13pm
Quoting Vin3
Hi guys, please help me, regarding the method of Big E, if green cross red on TDI indicator, it said we will open trade, how about stoch, how to use this? Do we need to wait also the crossing of stoch indicator and why in the 1st chart of Big E there is moving average? what is the role of that MA, and what period is that, thank you guys
Should be easy when you have a few years trading experience with common indicators like the CCI, MACD, RSI, Stoch, Bollinger Bands, Bill William' Fractals, Moving Averages, etc.

Post#261

- Basics of TMS 5-Method
<>

Don't contact Dean Malone about the TDI. The way he uses it for his method is 180 degrees from how we use it... you need to learn how to use it our way...

The TDI is the heart of our method. It tells you when to enter and where to exit any trades... so review previous posts and learn it good.

HA Candles are important because it makes your trading way less stressful... use them.

Stoch's is nothing but confirmation. If Stoch's & the TDI give different signals... lights flash off and on warning me to take a closer look before entering.. and usually I look for another trade.

5 ema... shows direction currently... only wanting to enter on candle 1 or two. If there is a reversal do I have a TDI signal to enter... if not and all looks strong then enter on candle 2... use some discretion... practice on Demo... take some chances and see if yor head computer was right... it's free.

HA Candles... What are their size? If they are small I will usually go find another set up... Look for consolidation... look for how close PA is to supp/res levels... use your brain !

Believe it or not you have to participate and think... until it's so second nature... there is nothing to it... it's so simple... don't complicate it or you will lose...

<>

>>> Post your chart and I will explain many more things what you can look for and take only the A+++ trade setup and make money.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,712
  • Oct 12, 2021 7:16pm Oct 12, 2021 7:16pm
Quoting emmanuel7788
{quote} M5 scalping the day new highs and new lows, you need to know a few things. > look at the Previous Day Open, High, Low and Close > the Daily price action if it is above or below its 5EMA Typical Price, Shift+2 > if the Daily is making higher high, higher low, + higher Close > if the Daily is in CONSOLIDATION for example if the previous Day is and Inside Bar candle .... GJ Oct13 M5 with Daily candle {image} {image}

GJ Oct13 M5 Tokyo 0915am

- looking good but I'll wait

- I pick only the A+++ setup conditions

Attached Image (click to enlarge)
Click to Enlarge Name: GJ Oct13 M15 Tokyo 0915am 13-10-2021 8-15-02 am.png Size: 35 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,713
  • Oct 12, 2021 7:39pm Oct 12, 2021 7:39pm
Quoting pouyan.mk
working on EURGPB please comment its false or not {image}
EG has not make significant lower lows for few days ... and the high is turning around ...

so we stalk this and try catch the next big move..

two higher highs and higher lows + higher Close would do the 'trick'

or

two lower highs lower lows + lower Close would also be good.

Weekly candle price action will spin a new story
Attached Image (click to enlarge)
Click to Enlarge Name: EG Oct13 H1 Daily high-low 13-10-2021 8-33-41 am.png Size: 33 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,714
  • Oct 12, 2021 8:58pm Oct 12, 2021 8:58pm
Hi again guys, regarding the 1st post of Big E, May I know what is the meaning of

1. new PA candle- what is PA means
2. Candle 1
3. Candle 2
4, Candle 3

Thank you again guys
  • #126,715
  • Edited Oct 13, 2021 12:01am Oct 12, 2021 10:31pm | Edited Oct 13, 2021 12:01am
Quoting Vin3
Hi again guys, regarding the 1st post of Big E, May I know what is the meaning of 1. new PA candle- what is PA means 2. Candle 1 3. Candle 2 4, Candle 3 Thank you again guys
1. new PA candle- what is PA means
BigE use PA for the following:
- referring to a candle or bar
#2...... 1st Trading Chart... Note on the TDI showing your entry set ups... green crossing red enter on that new PA candle...
#121.... Note the last 20 candles (PA) are pretty flat with some movement
- referring to Price Action
#270..... When I check my charts... I look to the TDI... then PA.
#520.... We are in consolidation (PA)
You have to decide when it is a candle or price action

Candle 1, Candle 2, Candle 3.
It is the number of the candle TDI green has crossed red on.
#6..... If it's candle 3 or more don't enter
#11.... I just glance at the TDI for set ups when the new candle opens... If I see a set up... green just crossing red I'll take the trade,
#49 ....HA candles average a 3-8 candle run in most cases when it reverses... That's why I want to enter on candle 1 or 2 if I see a set up.
#54..... Wait for green to CROSS RED and open your trade at the beginning of the new candle... usually candle 1 or 2
Attached Image (click to enlarge)
Click to Enlarge Name: one.PNG Size: 22 KB

(Time left until bar close / chart refreshed)
Did you follow Post 98,023 advice??
Clicked on the post number links > candle > Post 97,086, checklist > Post 84,947, angle > Post 95,596?
PA search / Candle search will have given all the above answers for you.
Attached Image

-----------------------
Edit:
Use post#25 TDI.
That TDI update itself on the current bar that is open.
Test the following.
(M1 for faster testing or you can wait on till there are enough cross over on higher timeframes. )
Don't refresh chart for 10, 20, 30 crossovers.
= mark every TDI crossover
REFRESH CHART.
Take note that some of the TDI crossover have moved one bar back.
- That is why you need to refresh chart before you even look at any TDI crossovers
BigE did post that he does not refresh his charts with open traders on them.
However every time BigE swithed on his computer MT4 refresh all charts automatically.
#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...
-------
That is the reason that BigE posted to enter only on candle 1 or 2
  • #126,716
  • Edited 11:55pm Oct 12, 2021 11:43pm | Edited 11:55pm
Quoting Tekkies
{quote} 1. new PA candle- what is PA means BigE use PA for the following: - referring to a candle or bar #2...... 1st Trading Chart... Note on the TDI showing your entry set ups... green crossing red enter on that new PA candle... #121.... Note the last 20 candles (PA) are pretty flat with some movement - referring to Price Action #270..... When I check my charts... I look to the TDI... then PA. #520.... We are in consolidation (PA) You have to decide when it is a candle or price action Candle 1, Candle 2, Candle 3. It is the number of the candle...

@Tekkies wrote:

Did you follow Post 98,023 advice??

Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies TE Oct 08 closed 9-10-2021 9-33-08 am.png Size: 93 KB


but when I looked at his Trade Explorer ... it is bloody red.

hell 4935 trades in 45 weeks???

better you do not follow that post 98023 advice.



First, you read and you study Big E' Post#261

Don't contact Dean Malone about the TDI. The way he uses it for his method is 180 degrees from how we use it... you need to learn how to use it our way...

The TDI is the heart of our method. It tells you when to enter and where to exit any trades... so review previous posts and learn it good.

HA Candles are important because it makes your trading way less stressful... use them.

Stoch's is nothing but confirmation. If Stoch's & the TDI give different signals... lights flash off and on warning me to take a closer look before entering.. and usually I look for another trade.

5 ema... shows direction currently... only wanting to enter on candle 1 or two. If there is a reversal do I have a TDI signal to enter... if not and all looks strong then enter on candle 2... use some discretion... practice on Demo... take some chances and see if yor head computer was right... it's free.

HA Candles... What are their size? If they are small I will usually go find another set up... Look for consolidation... look for how close PA is to supp/res levels... use your brain !

Believe it or not you have to participate and think... until it's so second nature... there is nothing to it... it's so simple... don't complicate it or you will lose...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,717
  • Oct 12, 2021 11:58pm Oct 12, 2021 11:58pm
Quoting Vin3
Hi again guys, regarding the 1st post of Big E, May I know what is the meaning of 1. new PA candle- what is PA means 2. Candle 1 3. Candle 2 4, Candle 3 Thank you again guys

hi @Vin3

You mentioned Post#1

and Post#1 says: We only use Heiken Ashi candles... that's important.

look at this chart example below,

I have 10 Price Action setups each with a vertical gray vertical line number 1 to 10.

Do you know what are these Price Action HA candles with its price Bar ?

Attached Image (click to enlarge)
Click to Enlarge Name: AU H4 Oct13 PA review setup13-10-2021 12-52-00 pm.png Size: 45 KB


If you can spot these same HA candle Price Action with its price Bar during real-time live market and take trades, you will be have many winners but your win rate will depends on your exit. ... how you manage your trades after entry.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,718
  • Oct 13, 2021 12:05am Oct 13, 2021 12:05am
Quoting emmanuel7788
{quote} M5 scalping the day new highs and new lows, you need to know a few things. > look at the Previous Day Open, High, Low and Close > the Daily price action if it is above or below its 5EMA Typical Price, Shift+2 > if the Daily is making higher high, higher low, + higher Close > if the Daily is in CONSOLIDATION for example if the previous Day is and Inside Bar candle .... GJ Oct13 M5 with Daily candle {image} {image}


Quoting emmanuel7788
{quote} GJ Oct13 M5 Tokyo 0915am - looking good but I'll wait - I pick only the A+++ setup conditions {image}

GJ Oct 13 M5 trade

- I waited for the price to move above yesterday' Close to see a possible continuation of the Daily candle PA.

- got my 10pips and now wait for the bonus pips.

Attached Image (click to enlarge)
Click to Enlarge Name: GJ Oct13 M5 trade TP1 13-10-2021 1-02-37 pm.png Size: 44 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,719
  • Oct 13, 2021 12:18am Oct 13, 2021 12:18am
Quoting emmanuel7788
{quote} @Tekkies wrote: Did you follow Post 98,023 advice?? {image} but when I looked at his Trade Explorer ... it is bloody red. hell 4935 trades in 45 weeks??? better you do not follow that post 98023 advice. First, you read and you study Big E' Post#261 Don't contact Dean Malone about the TDI. The way he uses it for his method is 180 degrees from how we use it... you need to learn how to use it...
Don't forget this Vincent: The TDI is the heart of our method.
  • #126,720
  • Oct 13, 2021 12:23am Oct 13, 2021 12:23am
Quoting DrDave
{quote} Hasib, you are so predictable! You said you won't trade gold, then trade it. So of course, it is just a matter of time before you have your system filters that say do not make an entry now, but you will do it anyway, and just like your failed gold trading ... But you do have consistency. Unfortunately for you, it's just consistent waffling.
LOL,

Thanks for your personal attack. I will not attack you at the moment.
MA provides the market's current direction and strength.
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