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Trading Made Simple

  • #127,901
  • Nov 4, 2021 7:21am Nov 4, 2021 7:21am
I think it's plenty for this week, considering that I am a "casual trader" that spends only a few hours a day trading, and many days don't trade at all.
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To free Gazans of Hamas, use whatever it takes.
  • #127,902
  • Nov 4, 2021 8:50am Nov 4, 2021 8:50am
Quoting 808
{quote} Nice trades, Tommy! Make sure to keep a close eye on GU over the next week or two, because I see a good chance of there being a lot more room to the downside on the daily chart. Could possibly be like the down trends each month, from June to September. I’m sure you are already aware of this, but just wanted to give everyone a heads up.
Don't you guys just love my tip on GU ? Who made some pips with it?
  • #127,903
  • Edited 9:41am Nov 4, 2021 9:28am | Edited 9:41am
Quoting 808
{quote} Don't you guys just love my tip on GU ? Who made some pips with it?
I made most of my pips on GBPUSD this week, but it had nothing to do with your "tip": IMT is all I need to choose a path.

The down continuation was quite obvious today viewing M15/M5.
To free Gazans of Hamas, use whatever it takes.
  • #127,904
  • Nov 4, 2021 9:40am Nov 4, 2021 9:40am
Quoting DrDave
{quote} I made most of my pips on GBPUSD this week, but it had nothing to do with your "tip": IMT is all I need to choose a path.
That's great that you made some good pips! I was just glad to be able to "see" and share the bearish tendency of the daily chart, which could then be applied to the H1-H4 time frames, using the TMS method. That's what this game is about...probabilities. It was only a pointer, and not a recommendation to sell.
  • #127,905
  • Nov 4, 2021 10:02am Nov 4, 2021 10:02am
Quoting 808
{quote} That's great that you made some good pips! I was just glad to be able to "see" and share the bearish tendency of the daily chart, which could then be applied to the H1-H4 time frames, using the TMS method. That's what this game is about...probabilities. It was only a pointer, and not a recommendation to sell.
For me D1 was only in a "bearish" bias because it has not proven otherwise, not because there is any strong indication of bearish. More important was/is the question: Have the rallies progressed to high enough TFs to threaten the D1 turning up? And with a rally reaching H8, and H8 due to turn up and TRY to swing up the TFs above it, I had the expectation for the subsequent down swing to be only a pullback, not a down continuation.

However, with IMT, we also have a plan for when the pullback fails and reverts to a extended continuation as it breaks the support zone. (In this case, breaking below about 1.36 with a pending order down there.) And the bit more conservative IMT traders made the sell continuation from the H1 viewpoint rather than any smaller TF.
To free Gazans of Hamas, use whatever it takes.
  • #127,906
  • Nov 4, 2021 10:09am Nov 4, 2021 10:09am
- IMT is all I need to choose a path
- It was only a pointer, and not a recommendation to sell.
Come on guys, give TDI some credit.
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  • #127,907
  • Nov 4, 2021 10:11am Nov 4, 2021 10:11am
So instead of seeing A D1 bearish possibility on GBPUSD, I was looking at an H8 bullish bias that subsequently FAILED, and I was able to capitalize on this failure.

With IMT, there is ALWAYS plan E for the EXPECTATION and plan F for the FAILURE. So there are 3 possibilities for each trade setup: An entry in the expected direction, an entry in the failure direction, or no entry.
To free Gazans of Hamas, use whatever it takes.
  • #127,908
  • Nov 4, 2021 10:16am Nov 4, 2021 10:16am
Quoting 808
{quote} That's great that you made some good pips! I was just glad to be able to "see" and share the bearish tendency of the daily chart, which could then be applied to the H1-H4 time frames, using the TMS method. That's what this game is about...probabilities. It was only a pointer, and not a recommendation to sell.
Good analysis. I agree with you on Daily. The LL and LH (previous highs and lows) also shown on H4 indicating the down trend. At trade timeframes of H1 and lower showed reversal of upswing (eg TMS m30 thread divergences, on GJ) and a fake out rejection.

Aligning with BigE’s Trading Made Simple basic PA as of #647.
With bias, trading only the Sell signals of TDI green cross red to follow the trend. Just didn’t expect the price to drop that much and quickly.

hope everyone banked good profit today.

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  • #127,909
  • Nov 4, 2021 10:19am Nov 4, 2021 10:19am
Quoting Tekkies
- IMT is all I need to choose a path - It was only a pointer, and not a recommendation to sell. Come on guys, give TDI some credit. {image}
I wasn't taking any credit away from TDI...it is a GREAT tool. GU daily had a TDI cross down, with momentum, so I saw the opportunity to use TDI on the H1 to time the down-move better.
  • #127,910
  • Nov 4, 2021 10:20am Nov 4, 2021 10:20am
Quoting Tekkies
- IMT is all I need to choose a path - It was only a pointer, and not a recommendation to sell. Come on guys, give TDI some credit. {image}
Come on guys, give TDI some credit.
LOL.
OK, man. But in this case, I would be using the TDI, on TFs below the H4.
To free Gazans of Hamas, use whatever it takes.
  • #127,911
  • Nov 4, 2021 10:23am Nov 4, 2021 10:23am
Quoting DrDave
So instead of seeing A D1 bearish possibility on GBPUSD, I was looking at an H8 bullish bias that subsequently FAILED, and I was able to capitalize on this failure. With IMT, there is ALWAYS plan E for the EXPECTATION and plan F for the FAILURE. So there are 3 possibilities for each trade setup: An entry in the expected direction, an entry in the failure direction, or no entry.
Exactly! If price goes up with momentum, find a buy entry. If price goes down with momentum, find a sell entry. If price chops, or is flat for your preferred time frame, wait for a breakout to get your bias.
  • #127,912
  • Nov 4, 2021 10:23am Nov 4, 2021 10:23am
Quoting 808
{quote} I wasn't taking any credit away from TDI...it is a GREAT tool. GU daily had a TDI cross down, with momentum, so I saw the opportunity to use TDI on the H1 to time the down-move better.
WHICH D1 TDI cross down are your referring to? It would be helpful if you marked it and showed us.
To free Gazans of Hamas, use whatever it takes.
  • #127,913
  • Nov 4, 2021 10:27am Nov 4, 2021 10:27am
Quoting 808
{quote} Exactly! If price goes up with momentum, find a buy entry. If price goes down with momentum, find a sell entry. If price chops, or is flat for your preferred time frame, wait for a breakout to get your bias.
Although good momentum helps to carry price far in a short time, I look at multiple TFs to determine which TF is "next" to make a turn, and if it is a retracement swing or a continuation swing. For me, any strong momentum is just a means of getting some bonus pips.
To free Gazans of Hamas, use whatever it takes.
  • #127,914
  • Nov 4, 2021 10:32am Nov 4, 2021 10:32am
Quoting 808
{quote} Exactly! If price goes up with momentum, find a buy entry. If price goes down with momentum, find a sell entry. If price chops, or is flat for your preferred time frame, wait for a breakout to get your bias.
or your preferred time frame,
I have no preferred TF. My "focus" TF is dynamic, because it shifts as retracements progress up the TFs. Part of my entry criteria is a look at recent volatility to determine if enough pips are likely to be captured in an acceptable amount of time.
To free Gazans of Hamas, use whatever it takes.
  • #127,915
  • Edited Nov 5, 2021 12:27pm Nov 4, 2021 4:05pm | Edited Nov 5, 2021 12:27pm
Quoting hasib
{quote} you start with rh method, you already have edge, don't complicate things. Trade daily chart as rh suggest. Ad a trend filter with your system. Best of luck

Biggest joker on FF = Hasib

Hasib you got more filters than snapchat
  • #127,916
  • Nov 4, 2021 6:12pm Nov 4, 2021 6:12pm
Quoting emmanuel7788
{quote} US30 Nov 04 - slow moving London session - only manage one trade , a pull back from the morning high - a nice M15 pull back candle and a M1 swing high reversal close M5. {image} {image} - will try catch the retracement later after New York open and then the NYSE 9:30am

US30 Nov 04

- sell the retracement of the Prev Day

- retracement was deep down to 61.8%

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #127,917
  • Nov 5, 2021 4:14am Nov 5, 2021 4:14am
US30 Nov 05 Friday NFP

-two open positions

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #127,918
  • Nov 5, 2021 7:28am Nov 5, 2021 7:28am
Along comes TDI with BigE's advice:
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Someone is trading with TDI crossover!!!
  • #127,919
  • Nov 5, 2021 8:03am Nov 5, 2021 8:03am
Hi Everyone,

Can someone please explain me how to solve the repainting TDI ?
Which version shall i use ?
Im trying to found the answer by my self but the more i search on this thread the more im getting confused...

thanks in advance
  • #127,920
  • Nov 5, 2021 8:44am Nov 5, 2021 8:44am
Quoting Zakarh
Hi Everyone, Can someone please explain me how to solve the repainting TDI ? Which version shall i use ? Im trying to found the answer by my self but the more i search on this thread the more im getting confused... thanks in advance
Nothing to be confused about, do what BigE did:
Use post#25 TDI
- refresh chart before even looking at the chart.
> What happen on chart refresh: TDI candle 1 (active open bar) can change to candle 2 (move one bar back)
#49.....That's why I want to enter on candle 1 or 2 if I see a set up.

You insist, do this:
- top right, click fishhook, sort any way you want:
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RT > Real time.
- Pick the one you like.
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