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Trading Made Simple

  • #127,001
  • Oct 18, 2021 1:05am Oct 18, 2021 1:05am
Quoting WinOrDie
{quote} Thank you very much for your help on this! I look forward to testing the system and sharing some results soon. Super psyched to test this one out as I have always been a fan of HA candles, seemed right up my alley, trying to keep things somewhat familiar moving from equities to forex.

That RSI(13) with MAs will work just fine.

I love the HA candles too and when I can see the price action using the Price Bar charts with HA candles in background , I have the "best of both worlds".



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #127,002
  • Oct 18, 2021 1:23am Oct 18, 2021 1:23am
Quoting emmanuel7788
{quote} @Tekkies You missed some of the OP Big E' posts. Big E pick the best trade setups He did mention this : "I'll only enter if the candles are medium length or larger... " Like my examples below: {image} not these weak setup candles: {image}
"not these weak setup candles"

What you see as weak candles, Tommy saw as strong candles.
Attached Image
  • #127,003
  • Oct 18, 2021 1:32am Oct 18, 2021 1:32am
Quoting Tekkies
{quote} "not these weak setup candles" What you see as weak candles, Tommy saw as strong candles. {image}

@Tekkies

are you blind? do you understand Post#261?

look at this chart again and study tommydog buy entries,

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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
  • #127,004
  • Oct 18, 2021 1:41am Oct 18, 2021 1:41am
Quoting emmanuel7788
{quote} @Tekkies You missed some of the OP Big E' posts. Big E pick the best trade setups He did mention this : "I'll only enter if the candles are medium length or larger... " Like my examples below: {image} not these weak setup candles: {image}
Attached Image
To free Gazans of Hamas, use whatever it takes.
  • #127,005
  • Oct 18, 2021 1:42am Oct 18, 2021 1:42am
Quoting emmanuel7788
{quote} @Tekkies are you blind? do you understand Post#261? look at this chart again and study tommydog buy entries, {image} {image} 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...
Attached Image
To free Gazans of Hamas, use whatever it takes.
  • #127,006
  • Oct 18, 2021 1:44am Oct 18, 2021 1:44am
Quoting emmanuel7788
{quote} @Tekkies You missed some of the OP Big E' posts. Big E pick the best trade setups He did mention this : "I'll only enter if the candles are medium length or larger... " Like my examples below: {image} not these weak setup candles: {image}

why look for strength on down bars you are asking ?

simple

SMART MONEY BUY ON DOWN BARS AND SELL ON UP BARS .....

Hard concept for most traders to get their heads around
Blogging daily now at www.volume.zone
  • #127,007
  • Oct 18, 2021 1:49am Oct 18, 2021 1:49am
Quoting malcolmb14
{quote} why look for strength on down bars you are asking ? simple SMART MONEY BUY ON DOWN BARS AND SELL ON UP BARS ..... Hard concept for most traders to get their heads around


reason why most traders here would follow the OP' posts and lose money for years without understanding who move the market.

TMS traders here jump in at the turn of the price thinking it will reverse with change in Heiken Ashi candle colour.

question: do you trade time-based charts or volume-based charts?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #127,008
  • Oct 18, 2021 1:54am Oct 18, 2021 1:54am
Quoting emmanuel7788
{quote} reason why most traders here would follow the OP' posts and lose money for years without understanding who move the market. TMS traders here jump in at the turn of the price thinking it will reverse with change in Heiken Ashi candle colour. question: do you trade time-based charts or volume-based charts?
i am a vsa trader ...

typical chart set up below . The bar below at 3 was a high volume DOWN bar next bar UP ... the down bar HAD to be buyers ..... made 200 points of that trade friday

I specialize in ES .. but vsa works for everything
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Blogging daily now at www.volume.zone
  • #127,009
  • Oct 18, 2021 2:10am Oct 18, 2021 2:10am
Quoting emmanuel7788
{quote} @Tekkies are you blind? do you understand Post#261? look at this chart again and study tommydog buy entries, {image} {image} 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...
Have no interessant in your presumption / interpretation of what Tommy did right or wrong.

Those trades gave Tommy what he seek-ed according his understand of BigE's advice.
Maybe this:
- I have a TDI signal to enter
- enter on candle 1
- use some discretion
- don't complicate it or you will lose

Take a chill pill Vincent, you are dumping in BigE's thread.
  • #127,010
  • Oct 18, 2021 2:15am Oct 18, 2021 2:15am
Quoting emmanuel7788
{quote} reason why most traders here would follow the OP' posts and lose money for years without understanding who move the market. TMS traders here jump in at the turn of the price thinking it will reverse with change in Heiken Ashi candle colour. question: do you trade time-based charts or volume-based charts?
Attached Image
To free Gazans of Hamas, use whatever it takes.
  • #127,011
  • Oct 18, 2021 5:09am Oct 18, 2021 5:09am
Here is a line from the foreward of an interesting book.
Quoting Who wrote this??
If there is a Holy Grail for traders, it is contained in the information in this book.
To free Gazans of Hamas, use whatever it takes.
  • #127,012
  • Oct 18, 2021 7:46am Oct 18, 2021 7:46am
Dear BigEM,

how do u trade last quarter of the year? and plz explain little bit on 52 weeks hilo indcator,how to use in intraday trading thanks
  • #127,013
  • Oct 18, 2021 9:23am Oct 18, 2021 9:23am
Quoting T4Trade
Dear BigEM, how do u trade last quarter of the year? and plz explain little bit on 52 weeks hilo indcator,how to use in intraday trading thanks
There is no hilo indicator in the 5-method. Looks like you are confused, exactly as BigE said would happen when things are ADDED to the 5-method.

But I am sure there are plenty of threads that you can go to to have a discussion about it.
To free Gazans of Hamas, use whatever it takes.
  • #127,014
  • Oct 18, 2021 1:42pm Oct 18, 2021 1:42pm
Hi guys, according to Big E, he will not trade if the set up and previous candles are small, how small is this? how many pips is the size, and how big is the candle that Big E want to trade? How can we determine the word " small" and 'big" ? thanks guys
  • #127,015
  • Oct 18, 2021 1:43pm Oct 18, 2021 1:43pm
Quoting hasib
Wags this is for you. "" Coping With Losses: A Major Key to Successful Trading. Be warned. “Part of overall winning is taking losses along the way.” “If you have 55% winning trades, you’ll win in the long run.” We’ve heard it said a million times in a hundred different ways. In any trading system, we will experience losing trades as well as winning trades. We know this. So why is it that as we moved forward from trade to trade, we become frozen with doubt when the losing trades appear in bunches? If you think about it, when winning trades appear...

Hi Hasib

I did tell you before but you obviously didnt listen once again, my TE is a tiny account that i just let trades run and run

I have an Idea

Why dont me and you go head to head in a trading comp, so all of FF can see the results

Lets get it monitored by a independent person on FF

I dont care how long a week , a month , 3 months or whatever

Lets use the FTMO rules for daily and max losses

Look forward to your response

Kind Regards Wags
  • #127,016
  • Oct 18, 2021 2:50pm Oct 18, 2021 2:50pm
Quoting Wags
{quote} Hi Hasib I did tell you before but you obviously didnt listen once again, my TE is a tiny account that i just let trades run and run I have an Idea Why dont me and you go head to head in a trading comp, so all of FF can see the results Lets get it monitored by a independent person on FF I dont care how long a week , a month , 3 months or whatever Lets use the FTMO rules for daily and max losses Look forward to your response Kind Regards Wags
Hi Hasib I did tell you before but you obviously didnt listen once again
Well, he is a littte slow on the uptake. But more likely this time he is just trolling to produce controversy and, of course, to present some daily laughs.

Why dont me and you go head to head in a trading comp
He's already quite busy trying to keep his head above water in the current challenge that he is trading. Maybe after he fails that he will have some free time for you.
To free Gazans of Hamas, use whatever it takes.
  • #127,017
  • Oct 18, 2021 2:56pm Oct 18, 2021 2:56pm
Quoting DrDave
{quote} Hi Hasib I did tell you before but you obviously didnt listen once again Well, he is a littte slow on the uptake. But more likely this time he is just trolling to produce controversy and, of course, to present some daily laughs. Why dont me and you go head to head in a trading comp He's already quite busy trying to keep his head above water in the current challenge that he is trading. Maybe after he fails that he will have some free time for you.
According to Davit, your dream come true: https://www.forexfactory.com/thread/...6#post13750286
  • #127,018
  • Oct 18, 2021 6:52pm Oct 18, 2021 6:52pm
Quoting Vin3
Hi guys, according to Big E, he will not trade if the set up and previous candles are small, how small is this? how many pips is the size, and how big is the candle that Big E want to trade? How can we determine the word " small" and 'big" ? thanks guys

like this EU H1 trade I took during the London session

its one of my favourite 1-2-3 swing with that small red candle before the BUEOB setup.

1) most important is the Price Action

2) use the Stoch(8,3,3) and the RSI green price line confirm the Price Action. Post#261 and Post#647

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you want to learn price action trading with big candles and small candles,

these are the two most important threads where I started my trading journey in Forex factory

james16 Chart Thread { here }

Strat's Long Term Stress Free Trading { here }
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #127,019
  • Oct 18, 2021 7:04pm Oct 18, 2021 7:04pm
Quoting DrDave
{quote} There is no hilo indicator in the 5-method. Looks like you are confused, exactly as BigE said would happen when things are ADDED to the 5-method. But I am sure there are plenty of threads that you can go to to have a discussion about it.

LOL.

"There is no hilo indicator in the 5-method. "

Now we all know why member robots4me gave your your nick @DrDick { here } and { here } ... lots more.

Seriously, do you know Big E' 5-Method? I don't think you know anything.

If you do, then it is very simple for you to post a 5-Method chart and show some real-time live trades taken with Big E 5-Method.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #127,020
  • Oct 18, 2021 7:21pm Oct 18, 2021 7:21pm
Quoting T4Trade
Dear BigEM, how do u trade last quarter of the year? and plz explain little bit on 52 weeks hilo indcator,how to use in intraday trading thanks
@T4Trade:

Q: how do u trade last quarter of the year?

A: Oct till Dec 2021 , I still trade the same 5-Method and next year will still be the same 5-Method in 3 different systems.


Q: plz explain little bit on 52 weeks hilo indcator,how to use in intraday trading

A: Big E was a subscriber to Dean Malone, CompassFX back in 2006 till 2011. He has all the trading tools being their paid subscriber.
Big E has the ADR indicator from CompassFX. You will find several ADR indicators in the attachments in this thread.

AudNzd example with ADR Pro ,
you will see several hi lo levels
if you want to learn how to use these weekly levels there are many tutorial videos in the old thread.

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Learn EVERYTHING ... but you don't need EVERYTHING to make money.



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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