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Trading Made Simple

  • #126,801
  • Oct 13, 2021 7:16pm Oct 13, 2021 7:16pm
Quoting Vin3
as per BIG E states on post 121 "The TDI and Stochs are giving opposite signals..." Can you give me specific example of this? thank you guys .....
@Vin3

when you read the OP' Post#121, he refer back to Post#118.

Did you read Post#118 and that chart posted?

Post#121:
================================
Post 118 just above...

Note the last 20 candles (PA) are pretty flat with some movement.

You took the trade close to the TDI 32 line which is about the bottom. However I've seen trades taken short on the 32 line go 100 pips profit... Just be aware how close you are to the 68 & 32 line and pay close attention

The TDI and Stochs are giving opposite signals...

Also pay attention to the left on the TDI for tops and bottoms... there pretty accurate for reversals...

It may be ok but I would have passed looking for another chart set up... I only pick the best chart set ups to trade... there are plenty and no itchy finger here to jump in... just pick the most solid looking set ups... it 'll make you lots of pips.

Just my 3 cents...
===============================

and follow the OP' Post#336 and you will learn a lot faster and have the basics right the first time.

Those wanting more examples go to Forum: Commercial, then Craig Harris Stochastics Method... then start reading on page 246, post 3676 to the end... you will learn more fast... We switched from there to only discuss this method in the new forum...

start reading from this Post#162

https://www.forexfactory.com/thread/...93#post3323593
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,802
  • Oct 13, 2021 7:17pm Oct 13, 2021 7:17pm
Quoting emmanuel7788
{quote} 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 ? {image} 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.
Attached Image (click to enlarge)
Click to Enlarge Name: AU H4 Oct13 PA review setup13-10-2021 12-52-00 pm.png Size: 43 KB


on this same AU chart I posted yesterday,

I have marked 5 examples yellow boxes where the Stoch(8,3,3) and the TDI show different conditions and these simply follows the Price Action on the price chart above.

When you see the HA candle Price Action and when both the Stoch %K line the the RSI green price line both show slope above 4.0 (12-20 and below 4.0 (4-6) , then these would be the good setups.

Attached Image (click to enlarge)
Click to Enlarge Name: AU H4 Oct13 PA review setup Stcoh vs TDI Oct14 comment.png Size: 50 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,803
  • Oct 13, 2021 7:20pm Oct 13, 2021 7:20pm
n this same AU chart I posted yesterday,

I have marked 5 examples yellow boxes where the Stoch(8,3,3) and the TDI show different conditions and these simply follows the Price Action on the price chart above.

When you see the HA candle Price Action and when both the Stoch %K line the the RSI green price line both show slope above 4.0 (12-20 and below 4.0 (4-6) , then these would be the good setups.


Thanks Emmanuel
  • #126,804
  • Oct 13, 2021 7:34pm Oct 13, 2021 7:34pm
Quoting Vin3
as per BIG E states on post 121 "The TDI and Stochs are giving opposite signals..." Can you give me specific example of this? thank you guys .....

GU H4 example:

- study the HA candles Price Action and the 5EMA Typical Price, Shift+2

- compare the Stoch(8,3,3) and the TDI' RSI (13)/MA(2) green line

Attached Image (click to enlarge)
Click to Enlarge Name: GU H4 examples 14-10-2021 8-26-07 am.png Size: 63 KB


> you can make money everyday just using the Stochastics (Post#296)

> but the TDI will give your more confidence when you have not mastered Big E' 5-Method.

>>> how long will it take you to master trading Big E' 5-Method?

>>> some took 6 months, many took 2 to 3 years, some will take longer, while a few need their life-time.

>>>>> do you need a life line?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,805
  • Oct 13, 2021 7:42pm Oct 13, 2021 7:42pm
Quoting emmanuel7788
{quote} EurCad Oct 14 M5 - we have a green body Daily of 56pips range to consider - trading within this Oct13' Daily green body would be a test of your Price Action trading skills.
Attached Image (click to enlarge)
Click to Enlarge Name: EurCad Oct 14 M5 14-10-2021 7-24-31 am.png Size: 38 KB



{image}

EurCad Oct 14 M5 trading Tokyo session

- Price made a hew Day high reverses and re-tested Prev Day High ... boom

- TP +10pips in the bank

Attached Image (click to enlarge)
Click to Enlarge Name: EurCad Oct14 M5 trade sell top 14-10-2021 8-39-29 am.png Size: 37 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,806
  • Oct 13, 2021 8:18pm Oct 13, 2021 8:18pm
hello again guys, I notice on the 1st chart that Big E shown, I saw moving average, what period is that? Is that SMA or EMA and what is the setting? How did Big E used the moving average on his method?, thank you again guys and good morning to all
  • #126,807
  • Oct 13, 2021 9:06pm Oct 13, 2021 9:06pm
Quoting Vin3
hello again guys, I notice on the 1st chart that Big E shown, I saw moving average, what period is that? Is that SMA or EMA and what is the setting? How did Big E used the moving average on his method?, thank you again guys and good morning to all

here , read these:

5-Method and 21/233 Method Post#3018, Post#4104,

Always check the #1- Price Action first, then #2- TDI Post#3142
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,808
  • Oct 13, 2021 10:06pm Oct 13, 2021 10:06pm
thanks bro. ( Emmanuel ), it helps a lot
  • #126,809
  • Oct 13, 2021 10:19pm Oct 13, 2021 10:19pm
Hi again Emmanuel, I read the 5 method and 21/233 method that you refer,, I just confused, is it also same as Trading Made Simple by Big E,? I found out the this 3 strategy ( TMS, 5 method and 21/233) all this strategy was used by big E? before he died, which strategy he use the most? thank you again
  • #126,810
  • Edited 3:19am Oct 14, 2021 1:31am | Edited 3:19am
Quoting jmn5611
The donkey told the tiger, "The grass is blue." The tiger replied, "No, the grass is green." The discussion became heated, and the two decided to submit the issue to arbitration, so they approached the lion. As they approached the lion on his throne, the donkey started screaming: ''Your Highness, isn't it true that the grass is blue?" The lion replied: "If you believe it is true, the grass is blue." The donkey rushed forward and continued: ''The tiger disagrees with me, contradicts me and annoys me. Please punish him." The king then declared: ''The...
Part Two.
King Lion should abdicate his throne for he has created a paradox for himself.
- What is he going to do when donkie get's hold of baby lions and start teaching them that grass is blue because daddy said so.
Part Three
King Lion should abdicate his throne for he is a unwise king.
- In real live neither tiger nor donkie are wrong.
-- There is blue grass that goes by the name of Kentucky bluegrass, that is still green after all.
---Then there is this: https://www.amazon.in/Grass-Garden-C.../dp/B083182XJY
  • #126,811
  • Oct 14, 2021 1:32am Oct 14, 2021 1:32am
Quoting jmn5611
The donkey told the tiger, "The grass is blue." The tiger replied, "No, the grass is green." The discussion became heated, and the two decided to submit the issue to arbitration, so they approached the lion. As they approached the lion on his throne, the donkey started screaming: ''Your Highness, isn't it true that the grass is blue?" The lion replied: "If you believe it is true, the grass is blue." The donkey rushed forward and continued: ''The tiger disagrees with me, contradicts me and annoys me. Please punish him." The king then declared: ''The...
Part Four
Any resemblance of any intelligence left this thread when BigE stopped to post.
- Other post has been posted that destroy this method from with in, which by it self is a classic example why many fail with this method.
#6.... We Enter a trade when green crosses red on the TDI at the beginning of that candle
#49..... That's why I want to enter on candle 1
#647.... you enter on candle 1 or 2... Does Stoch's confirm the TDI signal

When do Stoch confirm direction?
- On candle 1 (dash vertical line) when you clearly can see green on the other side of red
- Before TDI green cross red.

This chart clearly show the latter and one newbie for now (with many to follow) is going to suffer because the wrong information has been presented.
Attached Image (click to enlarge)
Click to Enlarge Name: dotto.PNG Size: 103 KB
  • #126,812
  • Oct 14, 2021 1:44am Oct 14, 2021 1:44am
Quoting jmn5611
The donkey told the tiger, "The grass is blue." The tiger replied, "No, the grass is green." The discussion became heated, and the two decided to submit the issue to arbitration, so they approached the lion. As they approached the lion on his throne, the donkey started screaming: ''Your Highness, isn't it true that the grass is blue?" The lion replied: "If you believe it is true, the grass is blue." The donkey rushed forward and continued: ''The tiger disagrees with me, contradicts me and annoys me. Please punish him." The king then declared: ''The...
Part Five
We come to the real hidden meaning of your post.
To stay with in FF CoC you posted the story where you could have save time by merely posting:
- Tekkies you are a ignorant fool.

I make the assumption that you had no intelligent answer to Post 126,775

Trade save Jmn.
Cheers
  • #126,813
  • Oct 14, 2021 2:19am Oct 14, 2021 2:19am
Quoting Vin3
thanks bro. ( Emmanuel ), it helps a lot
Vin be careful about the information that member is feeding you.
Twice he has given you wrong information > Post 126,803, Post 126,808

- You check "does Stoch confirm direction" on candle 1 or 2. Not on any bar before TDI crossover or later.
a. Make a study of post#647 (Better all of BigE's posts in this thread)

- In this thread TDI is always used before Price Action.
Post#2..... 1st Trading Chart... Note on the TDI showing your entry set ups
a. TDI is showing you entry set ups not price action
Post#6...
a. Is there any mention of price action is used to place a entry?
b. What is important to study TDI crossover or price action
--- TDI crossover indicate a possible trade entry, price action confirm that possible trade entry
Can refer to more of BigE's post that will show TDI is used before price action.

Say again Vin.

Don't take what members post as "it must be right" always fact check any post by any member to what BigE has posted in this thread
  • #126,814
  • Oct 14, 2021 2:45am Oct 14, 2021 2:45am
Is his initial strategy still working?
  • #126,815
  • Oct 14, 2021 3:40am Oct 14, 2021 3:40am
AU Oct14 M5 trade

> same Follow previous Day candle price action

- took this trade this morning and went about running errands

- THV CaveManager manages my trades while I out busy

- exit TP +10pips and now trailing 10pips behind the higher high

- we shall see if this hit the ADR High later

Attached Image (click to enlarge)
Click to Enlarge Name: AU Oct 14 M5 trade CTSL 10pips 14-10-2021 4-35-48 pm.png Size: 42 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,816
  • Oct 14, 2021 3:43am Oct 14, 2021 3:43am
Quoting hornti
Is his initial strategy still working?

Yes, if you trade following the OP' Post#1 and trade the 4hr 10PM and 2Am candles and close at 6AM it is still working.

Give it a try and make sure you follow what the OP said in Post#1. Trade Demo and build confidence.

Also if your are trading in Germany, you can also trade the H1 during the entire European-London session. Do not trade after London market closed.
Be careful when trading the London - New York overlap hours.

Post#1 quote:
I hate trading 5min-15min-30min charts. Why? You have to monitor each trade from beginning to end and hope and pray you made a correct entry. I only trade 1hr charts during the the 1st 3 hours of the USA OPEN and 4hr trades at night. I check for set ups at 10pm Pacific,2am and close all 4 hour trades by 6am Pacific.... You ever woke in the morning popping on your puter and find you made 150 pips while you slept... guaranteed to put a smile on your face and a skip in your step.

You just missed the Frankfurt Open candle

EU Oct14 H1 FO

- see how easy it is when we follow the Daily 3candles reversal setup.



Attached Image (click to enlarge)
Click to Enlarge Name: EU Oct 14 H1 FO setup 14-10-2021 4-46-26 pm.png Size: 56 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,817
  • Oct 14, 2021 3:51am Oct 14, 2021 3:51am
EU Oct 14 M5 trade

> same Follow Daily Price Action

- close +10pips

- now CS trailing activated
Attached Image (click to enlarge)
Click to Enlarge Name: EU Oct14 M5 FO trade TP1 14-10-2021 4-49-21 pm.png Size: 42 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,818
  • Oct 14, 2021 4:09am Oct 14, 2021 4:09am
Quoting emmanuel7788
{quote} EurCad Oct 14 M5 trading Tokyo session - Price made a hew Day high reverses and re-tested Prev Day High ... boom - TP +10pips in the bank {image} {image}

EurCad Oct14 M5 trade update

- locked another 10pips and let it run,

*** this trade is counter the Daily but following the Weekly trend

Attached Image (click to enlarge)
Click to Enlarge Name: EurCad Oct 14 M5 trade update 14-10-2021 5-06-08 pm.png Size: 37 KB



Attached Image (click to enlarge)
Click to Enlarge Name: EurCad Oct14 M5 14-10-2021 6-41-44 am.png Size: 31 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,819
  • Oct 14, 2021 4:49am Oct 14, 2021 4:49am
Quoting hornti
Is his initial strategy still working?
Yes
  • #126,820
  • Oct 14, 2021 5:59am Oct 14, 2021 5:59am
Quoting emmanuel7788
{quote} EurCad Oct14 M5 trade update - locked another 10pips and let it run, *** this trade is counter the Daily but following the Weekly trend {image} {image}

EurCad Oct14 M5 trade closed

- hit TP +50pips

Attached Image (click to enlarge)
Click to Enlarge Name: EurCad Oct14 M5 trade closed 14-10-2021 6-57-38 pm.png Size: 42 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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