Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #130,482
- Apr 12, 2022 3:50pm Apr 12, 2022 3:50pm
- Joined Nov 2008 | Status: Trader | 50,234 Posts
{quote} hey @tommydog... your small mobile screen is a pain to the eyes and you cannot see the details of price and price action. keep it simple: stick to Big E' 5-Method and pick only the best setups. GBPUSD Apr12 M15 Classic 5-Method 5bars swing high reversal at RN 1.30500 TMS_V19 EA would have sent you the alert when you have set candle pattern 1. The setup pattern is bars 1,2,3 and 4, you then wait for the completion of bar5 which close below the 5EMA. {image} ...
using TMS_V19 EA you get a lot of information to help you learn Big E' Post#261 and Post#647
and with lots of screen time and live market trading you will gain more experience and confidence to see trade setups Post#2617
in the TMS_v19 EA, you have the option to use the three(3) candle patterns.
you will find the explanation in the Manual.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #130,483
- Apr 12, 2022 3:57pm Apr 12, 2022 3:57pm
- Joined Nov 2008 | Status: Trader | 50,234 Posts
{quote} Today just like any other day with I started trading full lots last year... tiring of $1 a pip. Takes the same amount of work... why not get paid for it? Often shooting for $500-$1,000 PER EVENING. iT'S NOT UNCOMMON TO FIND 3-6 TRADE SET UPS PER EVENING. -Trades closed today day session {image} Now I can sit back and relax, wait for the next best trade setup to hit my daily average #1500 per trading day.
two more trades before my bedtime last night
hit my daily average $1500 and improve my trading performance
and benchmark set by Big E' Post#557 and Post#7555
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #130,486
- Apr 12, 2022 4:43pm Apr 12, 2022 4:43pm
- Joined Nov 2008 | Status: Trader | 50,234 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #130,487
- Apr 12, 2022 4:50pm Apr 12, 2022 4:50pm
- Joined Nov 2008 | Status: Trader | 50,234 Posts
{quote} nice results Long Audjpy {image}
AJ is a good trade.
Using my MT4 PC I can check my Weekly and Daily candles to see the big picture price action
H4 with Weekly candles background:
Weekly is sideways ranging to the upside, so long is better
H4 with Daily candles,
> I see a Daily swing low ...
> but we have the previous days high which buyers need to overcome
> but fundamentals and market sentiments is weaker ¥ and BoJ will not act now but it will
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #130,488
- Apr 12, 2022 5:00pm Apr 12, 2022 5:00pm
- Joined Nov 2008 | Status: Trader | 50,234 Posts
{quote} Hey Emmanuel, Just really trying to nail this 5 method and so far its going alright. Might start posting some trades shortly for some feedback from you and the guys who successfully trade with it. My question is: Using the 5 method wouldn't the candle you have marked as 4 be the 1st candle (The set-up candle)? Then you would enter on the completion of the one you have marked candle 5 which is the 2nd Candle of the 5 method? That is the way I would have understood Big-E to have traded it. Am I missing something! Thanks! 1. 5 Method --- (Most...
many TMS traders have failed in the past 10 years thinking that Big E would have taken that M15 trade with bar4 as setup candle.
on hindsight, it is easy to say where to buy and sell, but not so easy in realtime live market trading.
what did you missed?
> higher timeframe price action , H1 candles ...
> after a huge H4 move and closed at RN 1.30500, it was reaction to US data
> when M15 bar 4 close, what is the direction of the 5EMA Typical Price, Shift+2? pointing up or point down?
> remember the TDI repaints when chart refreshed, do you see bar4 shows a slope below 4.0? the M15 TDI#25 was choppoing up and down for several m15 candles
> the ATR trigger level
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #130,489
- Apr 12, 2022 5:25pm Apr 12, 2022 5:25pm
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote} Result: GU Sell. LLLH downtrend, followed by retest of previous high and rejected down TDI green cross red down {image}{image}
GU sell. Overnight trade
#647
Rejection at Highs in a downtrend
- #130,490
- Apr 12, 2022 5:36pm Apr 12, 2022 5:36pm
- Joined Nov 2008 | Status: Trader | 50,234 Posts
Waking up early today and trade the last few hours of New York.
Just keep trading simple, follow the same trade setups over and over again.
The rest is the other two Ms...
> Money Management ... risk management
> Mental Strategy ... traders psychology.
Doubled my Daily Average
100% winners
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #130,491
- Apr 12, 2022 6:01pm Apr 12, 2022 6:01pm
- Joined Nov 2008 | Status: Trader | 50,234 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #130,492
- Apr 12, 2022 6:12pm Apr 12, 2022 6:12pm
- Joined Nov 2008 | Status: Trader | 50,234 Posts
{quote} Good morning my Auckland traders! We have only 2 hours left till New York clsoing. The bears are still in control but I don't see any setups now. {image} ... {image}
US Markets and DAX
- early morning trading ... the 'mini bulls' are back
- you can catch some bulls until the bears come back later
> remember the price levels ... the Daily OHLC is one of the price levels I watch where the Price Action + Support/Resistance PA+SR ...setups I love to trade over and over and over again
> do not ignore recent swing highs and swing lows levels " previous price action PPA"
> look at CONFLUENCE of various support & resistance , BRN and RN, PPA and OHLC. It is simple enough.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #130,493
- Apr 12, 2022 6:16pm Apr 12, 2022 6:16pm
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote} hey @tommydog... your small mobile screen is a pain to the eyes and you cannot see the details of price and price action. keep it simple: stick to Big E' 5-Method and pick only the best setups. GBPUSD Apr12 M15 Classic 5-Method 5bars swing high reversal at RN 1.30500 TMS_V19 EA would have sent you the alert when you have set candle pattern 1. The setup pattern is bars 1,2,3 and 4, you then wait for the completion of bar5 which close below the 5EMA. {image} ...
You tends to complicate things. BigE’s Trading Made Simple is simple.
If you cannot get rid of EAs and additional indicators to trade, you are not capable to trade TMS.
#2617
Keep it simple.
follow #647. Only a few annotations would explain the reasons behind my trades
- #130,494
- Apr 12, 2022 6:19pm Apr 12, 2022 6:19pm
- Joined Nov 2008 | Status: Trader | 50,234 Posts
{quote} EURUSD Apr12 New York 7:25am +116 pip - slow and easy with more pips in the bag before NYO - trading made simple with less stress {image}
EURUSD Apr13
- closing +382pips +4.82%
- then re-open a new basket
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #130,495
- Apr 12, 2022 6:24pm Apr 12, 2022 6:24pm
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote} hey @tommydog... your small mobile screen is a pain to the eyes and you cannot see the details of price and price action. keep it simple: stick to Big E' 5-Method and pick only the best setups. GBPUSD Apr12 M15 Classic 5-Method 5bars swing high reversal at RN 1.30500 TMS_V19 EA would have sent you the alert when you have set candle pattern 1. The setup pattern is bars 1,2,3 and 4, you then wait for the completion of bar5 which close below the 5EMA. {image} ...
You can only trade by being stuck in front of the PC?
LOL
of course. You need to keep staring at your CPU-intensive EA.
Why don’t you listen to BigE?
BigE could trade without an EA.
I am having HK style breakfast now while doing a quick check.
Have a nice day
- #130,496
- Apr 12, 2022 6:25pm Apr 12, 2022 6:25pm
- Joined Nov 2008 | Status: Trader | 50,234 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #130,497
- Apr 12, 2022 6:31pm Apr 12, 2022 6:31pm
- Joined Nov 2008 | Status: Trader | 50,234 Posts
{quote} You can only trade by being stuck in front of the PC? LOL of course. You need to keep staring at your CPU-intensive EA. Why don’t you listen to BigE? BigE could trade without an EA. {image} I am having HK style breakfast now while doing a quick check. Have a nice day {image}
hey @tommydog
another street busker post.
why do you need to use two mobile phones ?
- one to see chart
- another to take a picture????
> how do you eat your breakfast with both hands holding phones?
I know how my dog eat from his dish.... still the same since he was a puppy.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #130,498
- Apr 12, 2022 6:37pm Apr 12, 2022 6:37pm
- Joined Nov 2008 | Status: Trader | 50,234 Posts
{quote} EURUSD Apr13 - closing +382pips +4.82%
EURUSD Apr13 H4 Swing Trading
- new basket open
- keep it simple: Follow Price Action + Support/Resistance
> and you don't need any TDI once you learned and mastered Big E 5-Method.
Big E
you can trade without the TDI
#3044 Jan 20, 2011
#3103 Jan 26, 2011
#3418 Feb 12, 2011
#2617 May 16, 2011
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #130,499
- Apr 12, 2022 8:00pm Apr 12, 2022 8:00pm
- Joined Nov 2008 | Status: Trader | 50,234 Posts
{quote} GBPUSD M15 using TMS_V19 EA you get a lot of information to help you learn Big E' Post#261 and Post#647 and with lots of screen time and live market trading you will gain more experience and confidence to see trade setups Post#2617 {image} in the TMS_v19 EA, you have the option to use the three(3) candle patterns. you will...
Example of H1 Candle Pattern alert
> which of the three(3) patterns?
> do you have a trade plan for trading morning Asian session?
..
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #130,500
- Apr 12, 2022 8:14pm Apr 12, 2022 8:14pm
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote} You can only trade by being stuck in front of the PC? LOL of course. You need to keep staring at your CPU-intensive EA. Why don’t you listen to BigE? BigE could trade without an EA. {image} I am having HK style breakfast now while doing a quick check. Have a nice day {image}
