TMS Monitor Feb08 Tokyo Open
- my eyes on SGP this week ...
- my eyes on SGP this week ...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #128,822
- Feb 8, 2022 5:37pm Feb 8, 2022 5:37pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
TMS Monitor Feb08 Tokyo Open - my eyes on SGP this week ... {image}
SGDJPY Feb09 rally continues ...
- only trade the CONTINUATION and avoid the TDI 'fakeys'
- follow the Price Action and Post#261 with Post#647,
> master the 5-Method and you can trade PA+S&R without the TDI.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #128,823
- Feb 8, 2022 5:55pm Feb 8, 2022 5:55pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
GBPJPY Feb09 H4
- do we have mehdi343' Method_1 setup soon?
Method 1 :
At the beginning of the day, I will check all 28 pairs for possible entries based on the following rules:
BUY:
1) Stochastic : Should be over 80
2) TDI : a) Green should cross above the red line or show a rebound b) prefer that cross or rebound happened above the yellow line.
https://www.forexfactory.com/thread/...ree-tdi-system
...
- do we have mehdi343' Method_1 setup soon?
Method 1 :
At the beginning of the day, I will check all 28 pairs for possible entries based on the following rules:
BUY:
1) Stochastic : Should be over 80
2) TDI : a) Green should cross above the red line or show a rebound b) prefer that cross or rebound happened above the yellow line.
https://www.forexfactory.com/thread/...ree-tdi-system
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #128,824
- Feb 8, 2022 8:08pm Feb 8, 2022 8:08pm
- Joined Oct 2020 | Status: Trader | 3,886 Posts
Hi, I have been studying Big E's posts and all related posts regarding his system. I tried using it by paper trading with crypto last night and the result were mixed. I got alot of fakeouts even after all the conditions were align. I realized that Big E doesn't talk much about dealing with fakeouts. May I know how you guys deal with fakeouts?
For example, like DrDave’s suggestion, trade the fakeout setups at higher TF, like daily. Possibilities are you can secure your capital/profit in a sell or get in the upswing with the buy as fakeout conpleted
- #128,825
- Feb 8, 2022 10:38pm Feb 8, 2022 10:38pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
GBPJPY Feb09 H4 - do we have mehdi343' Method_1 setup soon? {image} Method 1 : At the beginning of the day, I will check all 28 pairs for possible entries based on the following rules: BUY: 1) Stochastic : Should be over 80 2) TDI : a) Green should cross above the red line or show a rebound b) prefer that cross or rebound happened above the yellow line. https://www.forexfactory.com/thread/...ree-tdi-system ...
GBPJPY Feb09 H4
- that H4 closed with a little too much pull back hence the TDI' RSI green price line did not have a good angle > 4.0
- if it had closed with higher high + higher Close, there would be a green line bounce
- the TMS OSC is all green bars....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #128,826
- Feb 8, 2022 10:44pm Feb 8, 2022 10:44pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
TMS Monitor Feb08 Tokyo Open - my eyes on SGP this week ... {image}
TMS Monitor Feb09 H4
- the last H4 Close with a few good setups
- but many TMS traders wait for the H4 London Open
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #128,827
- Feb 8, 2022 11:09pm Feb 8, 2022 11:09pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #128,828
- Feb 9, 2022 12:16am Feb 9, 2022 12:16am
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote} hey @tommydog You are missing a lot here. Read the OP's Post #12,912: "So many new traders... Do not think you can trade with us without reading the thread and taking notes. READ & STUDY." and Page 1 Post#5: "Folks were getting confused by mixing up rules from different methods so this thread will only be about the 5 method." In Big E' old thread, he explained his 5-Method and how to avoid fake...
No worries. #261 is the one I go for in trading BigE’s TMS. Your complicated trading means not getting what trading made SIMPLE means. Studying BigE’s charts and posts may help. Doesn’t take much time
Not really needing other analysis. Fake out is one aspect shown in the past charts that provide insight on trading.
Something can be identified with just candlesticks. Can strip off any indicators.
The 2 elements I am using for slow pace trading during holidays
Then just use RSI green Red Cross to signal the timing to trade.
2 steps. Simple as that.
And thanks for caring HK. I am now in Singapore for a long vacation. Wish it will subside soon.
- #128,829
- Feb 9, 2022 5:45am Feb 9, 2022 5:45am
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote} If you take fakeout into consideration of trading, then develop your rules that EXPECT it would happen and able to react with the incidents. For example, like DrDave’s suggestion, trade the fakeout setups at higher TF, like daily. Possibilities are you can secure your capital/profit in a sell or get in the upswing with the buy as fakeout conpleted {image}
Literally follow BigE’s words. Identify previous highs and lows with strong rejections.
then just wait for price to retest the level. There are a few high probability scenarios and fake out is one of them.
Break out but failed to continue is a good indication of reversal.
then use TDI signal you to check chart and open trade
the rest of the time, leave the computer and do something else
Keep it simple.
- #128,830
- Feb 9, 2022 6:12am Feb 9, 2022 6:12am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} Inquiry on how to apply BigE’s #261 in respect of managing trades at fake outs. {image} Literally follow BigE’s words. Identify previous highs and lows with strong rejections. then just wait for price to retest the level. There are a few high probability scenarios and fake out is one of them. Break out but failed to continue is a good indication of reversal. then use TDI signal you to check chart and open trade the rest of the time, leave the computer and do something else Keep it simple. {image}
you are confused with Big E' Post#261 and Post#647 basic forex stuff.
Inquiry on Big E Post#647
AUDUSD price action
> big candle and small candles = Master Candle CONSOLIDATION
> many previous REVERSALS (previous highs and lows) and last REVERSAL is the most recent true REVERSAL according to Big E' old thread.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #128,831
- Feb 9, 2022 6:30am Feb 9, 2022 6:30am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} No worries. #261 is the one I go for in trading BigE’s TMS. Your complicated trading means not getting what trading made SIMPLE means. Studying BigE’s charts and posts may help. Doesn’t take much time Not really needing other analysis. Fake out is one aspect shown in the past charts that provide insight on trading. Something can be identified with just candlesticks. Can strip off any indicators. The 2 elements I am using for slow pace trading during holidays {image}{image} Then just use RSI green Red Cross to signal the timing to trade....
hey @tommydog
Trading Made Simple is how Big E would trade his 4hr PDT 10PM and 2AM and 6AM candles.
Most newbies with 1 to 2 years trading experience would find Big E' 5-Method complicated. To help newbies, Big E blended Craig Harris' NFF and Dean Malone' Synergy to help newbies trade his 5-Method with Stochastics and TDI.
Now, let]s get back to you old posts #124,844 with marked up fake trades.
https://www.forexfactory.com/thread/...3#post13710903
Please explain to the people here why you post fake trades when trading made simple 5-Method means SIMPLE.
your post #124,844 trade chart
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #128,833
- Feb 9, 2022 10:59am Feb 9, 2022 10:59am
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote} Hey Emmanuel and Tommy, this isn't helping anyone, least of all yourselves.
Give the bait to the dimwits who live in the past. No offence taken from those “senior traders”, like those exposed to be losing for years, not having a trading account ever, and cowards.
My only suggestion.
follow BigE’s posts and use only the TDI, optional stoch and MA. Go through the process and learn the skills of price action and trade alert system with TDI.
The trade timing is signalled by the TDI cross/bounces. To make it more efficient and avoid wasting time on every TDI signals, use simplest PA for bias and setup, HHHL etc. It is extremely useful to people who do not want to have rigid charting schedules (eg candlestick pattern means you have to be attentive the moment it completes at candle close)
Then enjoy the free time and trade well when signals come
- #128,834
- Feb 9, 2022 5:37pm Feb 9, 2022 5:37pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} Hey Emmanuel and Tommy, this isn't helping anyone, least of all yourselves.
Since during the time of the OP Big E we have a few charlatan members posting charts with fake trade using photoshop editing. A few of the older members in this thread have already exposed a few of them. This is to help people here that we have new charlatan like @tommydog who love to post in most popular threads in FF to gain attention and feed his massive ego.
@tommydog is just another one of the few charlatan who started trading in Oct 2020 and he is making false claims to be profitable. He removed his old TE and now open a new one with $1,000.
study his posts and zoom into his charts, most are fake marked-up trades. We have seen them all and he can no longer delete his old posts. The evidence are all here in this thread and also other thread.
Another example:
Post #124,307
https://www.forexfactory.com/thread/...4#post13700654
Can you spot the fake trades?
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #128,835
- Feb 9, 2022 5:52pm Feb 9, 2022 5:52pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote}
hey @tommydog
why do you post fake trades in a dead man' thread?
Only charlatan will do such dishonest act.
Is this what you call respect the OP?
As you made repeated claims ... Trading Made Simple is really simple, so why do you post marked-up charts with fake trades.
Example Post #124,123
https://www.forexfactory.com/thread/...5#post13697135
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #128,836
- Feb 9, 2022 6:15pm Feb 9, 2022 6:15pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
- rally continues
- trailing with previous day low, do not wait for Daily TDI cross you will lose too much of the profit the market gave you
Big E' Post#8703
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #128,837
- Feb 9, 2022 6:20pm Feb 9, 2022 6:20pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
GBPJPY Feb09 H4 - do we have mehdi343' Method_1 setup soon? {image} Method 1 : At the beginning of the day, I will check all 28 pairs for possible entries based on the following rules: BUY: 1) Stochastic : Should be over 80 2) TDI : a) Green should cross above the red line or show a rebound b) prefer that cross or rebound happened above the yellow line. https://www.forexfactory.com/thread/...ree-tdi-system ...
GBPJPY Feb 09 review
- there was no medhi 343 Method 1 trade setup
- there was Master Candle MC[3] ... big candle and small candles CONSOLIDATION ... basic forex stuff & basic PA (Post#647)
- there was a failed breakout of the MC[3] ... some say false breakout
> we have another CONSOLIDATION Inside Bar IB which is also an opportunity to trade this bug candle/small candle IB.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #128,838
- Feb 9, 2022 6:32pm Feb 9, 2022 6:32pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
EURUSD Feb 10 H4
#1 importance is the PA
#2 is the Stoch and RSI green price line
The 5 Fundamental Truths of Trading by Mark Douglas
1. Anything can happen.
2. You don’t need to know what is going to happen next to make money.
3. There is a random distribution between wins and losses for any given set of
variables that define an edge.
4. An edge is nothing more than an indication of a higher probability of one thing
happening over another.
5. Every moment in the market is unique.
#1 importance is the PA
#2 is the Stoch and RSI green price line
The 5 Fundamental Truths of Trading by Mark Douglas
1. Anything can happen.
2. You don’t need to know what is going to happen next to make money.
3. There is a random distribution between wins and losses for any given set of
variables that define an edge.
4. An edge is nothing more than an indication of a higher probability of one thing
happening over another.
5. Every moment in the market is unique.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #128,839
- Feb 9, 2022 6:36pm Feb 9, 2022 6:36pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
EURUSD Feb 10 H4 #1 importance is the PA #2 is the Stoch and RSI green price line {image} The 5 Fundamental Truths of Trading by Mark Douglas 1. Anything can happen. 2. You don’t need to know what is going to happen next to make money. 3. There is a random distribution between wins and losses for any given set of variables that define an edge. 4. An edge is nothing more than an indication of a higher probability of one thing happening over another. 5. Every moment in the market is unique.
GBPUSD Feb10 H4
- the 5bars swing high complete but we are in congested area with several recent previous price action swing lows
- not the best setup conditions at the moment, but ...anything can happen
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #128,840
- Feb 9, 2022 9:00pm Feb 9, 2022 9:00pm
WOT = Buy Mode ,WOB= Sell Mode ,Swing = Be careful
Focus on the color box
Biggest square = WOT , WOB or Swing
Next box = RSI < 49 & RSi> 51
Next box Rsi up down Rsi1 vs Rsi0
Next box DashLine2,3,1 in 3 levels Higher,Lower and Middle
for EU GU & UJ M15 only
