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Trading Made Simple

  • #129,861
  • Mar 22, 2022 5:35am Mar 22, 2022 5:35am
Preparing to trade the US market session

At New York open I open my charts, set to M5
my broker NYOpen is 15:00
the NY 9:30am is 16:30

Now I wait for the NY9:30am M30 to complete and I will know the M30 High-Low

WAIT patiently and observe the price action M5 and check each and every M15 and M30 using the buttons toggle on and off as your want.

Know your buy zone and sell zone, and wait for the 5-Method price action setups ... HA candles , 5EMA, .

Also must pay attention to the H1 candles as the market moves

>>> it is always the swing highs and swing lows in different timeframes ... M15, ... M30, ...M60, ...


Attached Image (click to enlarge)
Click to Enlarge Name: US30 Mar22 NYO 1500 22-3-2022 8-29-59 pm.png Size: 28 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #129,862
  • Mar 22, 2022 5:40am Mar 22, 2022 5:40am
DAX Buy on 2nd candle above H4 EMA5


Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 64 KB



Confirmation by M5 close above EMA5

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 57 KB

TDI cross positive at both TF
Never give up!!
  • #129,863
  • Mar 22, 2022 6:05am Mar 22, 2022 6:05am
Quoting Haendlerin
DAX Buy on 2nd candle above H4 EMA5 {image} Confirmation by M5 close above EMA5 {image} TDI cross positive at both TF
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 48 KB


Close with + 18 Points - waiting for NY Open
Never give up!!
  • #129,864
  • Mar 22, 2022 6:05am Mar 22, 2022 6:05am
Quoting Haendlerin
DAX Buy on 2nd candle above H4 EMA5 {image} Confirmation by M5 close above EMA5 {image} TDI cross positive at both TF




Attached Image (click to enlarge)
Click to Enlarge Name: DAX Mar22 Open breakout 22-3-2022 9-04-24 pm.png Size: 34 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #129,865
  • Mar 22, 2022 8:58am Mar 22, 2022 8:58am
US 30 Long Entry @ 34780

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 52 KB

H4 supports direction of trade
Never give up!!
  • #129,866
  • Mar 22, 2022 9:08am Mar 22, 2022 9:08am
Every four hours check 8 charts for setups.
> With an TDI alarm check only those pairs that triggered the alarm
> Refresh chart
> Is TDI Green still crossing TDI Red
> Is TDI green angle above 2 / below 4
> Does Stoch confirm direction of TDI Green
The crossover is still valid?
> Apply Post#647 to your understanding
> Place the trade or not.
Come back four hours later.
Attached Image
  • #129,867
  • Mar 22, 2022 10:44am Mar 22, 2022 10:44am
Quoting Haendlerin
US 30 Long Entry @ 34780 {image} H4 supports direction of trade
Close @ 34820 due to eob

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 48 KB
Never give up!!
  • #129,868
  • Mar 22, 2022 4:01pm Mar 22, 2022 4:01pm
Quoting Tekkies
Every four hours check 8 charts for setups. > With an TDI alarm check only those pairs that triggered the alarm > Refresh chart > Is TDI Green still crossing TDI Red > Is TDI green angle above 2 / below 4 > Does Stoch confirm direction of TDI Green The crossover is still valid? > Apply Post#647 to your understanding > Place the trade or not. Come back four hours later. {image}

hey@Tekkies

I see a nice Price Action setup Double Bars High Lower Close DBHLC , a lower high and after the most recent Swing High
A DBHLC will in most cases have a Stoch(8,3,3) %K cross %D and the TDI green line will cross red line to confirm the DBHLC setup.

good to see you read Big E' Post#281 and start your necessary transition to trade the 4hr.
#281
<Don't get fired ! Just make the necessary transition to trading 4hr charts during the London session... or Daily charts.>

Is this a part of your personal goal and trade plan in your recovery plan?
Have your done a Blueprint for Trading Success ? You can buy a copy at Amazon.

I can upload my scan copy but FF Admin will not allow this.

your post and chart review:

Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies XAUUSD H4 trade DBHLC 23-3-2022 6-08-58 am.png Size: 140 KB
Attached Image (click to enlarge)
Click to Enlarge Name: Blueprint For Trading Success.png Size: 263 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #129,869
  • Mar 22, 2022 4:06pm Mar 22, 2022 4:06pm
Quoting Haendlerin
{quote} {image} Close with + 18 Points - waiting for NY Open

good trade!

BTW, do you trade the Frankfurt Börse opening hours? 8am to 10am
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #129,870
  • Mar 22, 2022 4:14pm Mar 22, 2022 4:14pm
Quoting emmanuel7788
Preparing to trade the US market session At New York open I open my charts, set to M5 my broker NYOpen is 15:00 the NY 9:30am is 16:30 Now I wait for the NY9:30am M30 to complete and I will know the M30 High-Low WAIT patiently and observe the price action M5 and check each and every M15 and M30 using the buttons toggle on and off as your want. Know your buy zone and sell zone, and wait for the 5-Method price action setups ... HA candles , 5EMA, . Also must pay attention to the H1 candles as the market moves >>> it is always the swing highs and swing...
Attached Image (click to enlarge)
Click to Enlarge Name: US30 Mar22 NYO 1500 22-3-2022 8-29-59 pm.png Size: 28 KB


it was such a quiet US session

not one single m30 close in the zone ... above the CME opening candle

'bulls and bears' caged in a range

Attached Image (click to enlarge)
Click to Enlarge Name: US30 Mar22 no m30 closed in the zone 23-3-2022 7-10-22 am.png Size: 30 KB


something is burning under the carpet.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #129,871
  • Mar 22, 2022 4:17pm Mar 22, 2022 4:17pm
Quoting emmanuel7788
{quote} {image} EURNZD Mar22 trade update: - I took the side of sellers - now running nicely with money to bank in soon. - will re-enter another new basket {image}
Attached Image (click to enlarge)
Click to Enlarge Name: EURNZD Mar22 trades update 22-3-2022 4-12-47 pm.png Size: 35 KB


...

EURNZD Mar 23 trade update:

- with more money on the table I'll take them

- then resume a new basket today

Attached Image (click to enlarge)
Click to Enlarge Name: EURNZD Mar23 trade update SYD 23-3-2022 6-15-55 am.png Size: 43 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #129,872
  • Mar 22, 2022 4:40pm Mar 22, 2022 4:40pm
Quoting emmanuel7788
XAUUSD Mar22 Weekly chart - when you see the market is tempting you, Be more carful! - this is an example of trading the Weekly > how often did the OP Big E traded the weekly? only one live trade. Weekly trade examples #700 https://www.forexfactory.com/showthr...00#post4582200 #1967 https://www.forexfactory.com/showthr...07#post4605507 learn from his old...

XAUUSD Mar23

TMS_V19 information EA

> DBHLC

> Weekly sideways
> Daily bearish PA below 5EMA

> what are the risk you need to mitigate taking a DBHLC setup?

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD Mar23 review POMO 23-3-2022 6-32-03 am.png Size: 107 KB


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #129,873
  • Mar 22, 2022 5:02pm Mar 22, 2022 5:02pm
Quoting emmanuel7788
{quote} XAUUSD Mar23 TMS_V19 information EA > DBHLC > Weekly sideways > Daily bearish PA below 5EMA > what are the risk you need to mitigate taking a DBHLC setup? {image} ...

XAUUSD Mar23 trade update

- trading the Weekly sideways market I reduce the Position Size and avoid too many trades in one single basket

- also limit the number of open baskets

- wait till there is a Trending Market Type (Weekly Trend 2/8 TMS V19) then apply TMS MEME EVO2020 money management plan A.

- always pay attention to the Daily price action you see on your TMS_V19 template above post. #129,873

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD Mar23 trade update SYD 23-3-2022 7-57-39 am.png Size: 39 KB


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #129,874
  • Mar 22, 2022 5:13pm Mar 22, 2022 5:13pm
Quoting emmanuel7788
{quote} US30 Mar21 trades closed - same two trades two TPs - {image} {image}

US30 Mar22 trades closed

- there are good days,
- there are not-so-good days,
- but never a bad day
- so long you plan your trades and trade according to your plan.
- and knowing there is 60:40 outcome
- and the CashFlow model is tried and tested and money will come

yesterday did a few trades during my day time hours before the US market open.

Attached Image (click to enlarge)
Click to Enlarge Name: US30 US500 trades closed Mar22 23-3-2022 7-43-30 am.png Size: 501 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #129,875
  • Mar 22, 2022 5:30pm Mar 22, 2022 5:30pm
Quoting emmanuel7788
GBPUSD H4 review - lots of trading gurus in FF giving free lessons on how to trade Big E' Trading Made Simple - all the TMS fake gurus still have not figured out Big E' discretionary trading style in 5-Method - Big E was a stock trader in the US market for 10 years and he traded candlestick charts with no indicators below his charts. example of his trading chart is this: {image} Big E started his old thread to share and to help new traders learn how to trade forex after he attended Craig Harris' and Dean Malone' seminars. Since his time in 2010...


GBPUSD Mar23

TMS V19 information EA

- we have a LTF breakout of the W1(2) WCC' High but will this continue?

- the WCC breakout is not confirmed until W1(0) closes this Friday NY 5pm.

- you can consider taking trades in LTF buys, but know your LTF support/resistance.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Mar23 H4 V19 23-3-2022 8-25-34 am.png Size: 110 KB


60:40
^):$)
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #129,876
  • Mar 22, 2022 8:20pm Mar 22, 2022 8:20pm
Quoting Tekkies
{quote} Take your pick {image}
Hello:

Can some one point me to the exact page where I can download all these indicators and other material? The screenshot says it is page 101 but when I go there that same screenshot is not there. Thank you.
  • #129,877
  • Mar 22, 2022 9:31pm Mar 22, 2022 9:31pm
Quoting emmanuel7788
{quote} good trade! BTW, do you trade the Frankfurt Börse opening hours? 8am to 10am
Hi Emm,

usually not - I often trade the late NY session from 13.00 to 16.00 EST, which is normaly 19.00 to 22.00 German time (than I'm back home). Right now I have a few days off. Nevertheless, yesterday I just missed the Frankfurt open and just had the chance to get in late after the pullback.


Greetings
Haendlerin
Never give up!!
  • #129,878
  • Mar 22, 2022 9:53pm Mar 22, 2022 9:53pm
Quoting agassi
{quote} Hello: Can some one point me to the exact page where I can download all these indicators and other material? The screenshot says it is page 101 but when I go there that same screenshot is not there. Thank you.
Hallo agassi

You will find the OP' indicators in his Post#25

Also to get started with your learning journey Trading Made Simple, follow this post link { here } .

Take your time and read, study and learn everything. One day you will master trading Big E' 5-Method. Many have tried and still trying ....

Have a smooth and safe learning journey.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #129,879
  • Mar 22, 2022 10:02pm Mar 22, 2022 10:02pm
Quoting Haendlerin
{quote} Hi Emm, usually not - I often trade the late NY session from 13.00 to 16.00 EST, which is normaly 19.00 to 22.00 German time (than I'm back home). Right now I have a few days off. Nevertheless, yesterday I just missed the Frankfurt open and just had the chance to get in late after the pullback. Greetings Haendlerin
Grüß Gott!

Today I can trade with you the Frankfurt Open

stay tuned!

Attached Image (click to enlarge)
Click to Enlarge Name: DAX Mar23 M5 23-3-2022 1-01-54 pm.png Size: 36 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #129,880
  • Mar 22, 2022 10:42pm Mar 22, 2022 10:42pm
Great
When do you start to trade - pre Futures Open or do you wait for 8.00 Frankfurt Time or do you take the Kassa open to measure the 30 min opening range?

Pre Futures open I have a big spread (see picture), if I would trade CFD

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 87 KB

However, my spread is even worse since I have to trade exchange trade knock out certificates (so called Turbos). This is, because CFD Losses can only be cleared with CFD gains to an amount of EUR 10.000 in one year. This would mean: if you make in one year CFD winners of EUR 100.000, but also suffer losses of EUR 90.000 your year end tax calculation would be like this: EUR 100.000 CFD winner minus EUR 10.000 capped losses = EUR 90.000 as tax base. So you made a net gain of EUR 10.000 but have to pay a capital earning tax of EUR 90.000 x 25%. Instead of a gain of TEUR EUR 7.5000 (= EUR 10.000 ./. 2.500 Tax) your net position will be EUR 10.000 ./. EUR 22.500 Tax = - EUR 12.500.

One exit to that messy situation is to found your owin trading company (costly) or to trade exchange traded option certficates (so called Optionsscheine). According to our tax law these instruments are not classified as forward contracts, which is of course a complete nonsense.

All are waiting that our supreme court will cancel that b..s tax laws - but they are not the fastest in the world, so the situation is now ongoing for more than a year.

Greetings
Haendlerin
Never give up!!
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