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Trading Made Simple

  • #131,901
  • May 24, 2022 8:16pm May 24, 2022 8:16pm
Quoting tommydoginti
{quote} Garnish on top. Price stalled after rejection at range low (previous L). Moved TP to next range up instead of prev H / expected HH. The probability of price making HH or equal high then range, is much higher than straight up reversal. #647 Highs and Lows + Trend TDI cross up entry upon candle close {image}{image}{image}

hey Folks

we can all learn from traders' posts and trades:

here is my POMO review of @tommydog' NU May24 H1 buy trade

- he traded when market was sideways narrow range with the H1 big Candle which is a Master Candle.

- TDI did not show good bullish MOMENTUM , a good setup would have a TDI green slope between 12-2 or slope 4.0 minimum.

- he held on to his bug when the TDI turned against his trade

- there is no Divergence play in the chart' market conditions. Divergence with RSI or TDI are only good when in trending market type conditions

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #131,902
  • May 24, 2022 8:18pm May 24, 2022 8:18pm
Quoting emmanuel7788
{quote} hey Folks we can all learn from traders' posts and trades: here is my POMO review of @tommydog' NU May24 H1 buy trade - he traded when market was sideways narrow range with the H1 big Candle which is a Master Candle. - TDI did not show good bullish MOMENTUM , a good setup would have a TDI green slope between 12-2 or slope 4.0 minimum. - he held on to his bug when the TDI turned against his trade - there is no Divergence play in the chart' market conditions. Divergence with RSI or TDI are only good when in trending market type conditions...

more ...

NZUUSD H1 May 24 review :

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #131,903
  • May 24, 2022 8:31pm May 24, 2022 8:31pm
Quoting emmanuel7788
{quote} more ... NZUUSD H1 May 24 review : {image} ...

NU May25 H1 Tokyo 10am

- today we have another H1 Master Candle and

- we have a breakout now

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TMS 5-Method 5bars swing high True REVERSAL with Stock %K cross %D

- in this example, the H1 Master Candle high is resistance
- RN
- both Stoch and TDI green lines crosses their 50-level

Attached Image (click to enlarge)
Click to Enlarge Name: NU May25 H1 TMS 25-5-2022 9-33-21 am.png Size: 28 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #131,904
  • May 24, 2022 8:45pm May 24, 2022 8:45pm
EU May25 Daily

- market at critical level now can end the bull run

- "too late to buy now, too early to sell ..."

- wait and manage open positions

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> the TDI has a lot of information which show us the big picture of its price history, it is like footprints in the sand ...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #131,905
  • May 24, 2022 9:08pm May 24, 2022 9:08pm
Long [email protected]
  • #131,906
  • May 24, 2022 10:47pm May 24, 2022 10:47pm
look at dis one, the bar it's really big
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  • #131,907
  • May 24, 2022 11:32pm May 24, 2022 11:32pm
Quoting havenoidea
look at dis one, the bar it's really big {image}

its RBNZ cash rate change today...

and the Daily swing is still intact

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #131,908
  • May 25, 2022 3:19am May 25, 2022 3:19am
Quoting emmanuel7788
{quote} hey Folks we can all learn from traders' posts and trades: here is my POMO review of @tommydog' NU May24 H1 buy trade - he traded when market was sideways narrow range with the H1 big Candle which is a Master Candle. - TDI did not show good bullish MOMENTUM , a good setup would have a TDI green slope between 12-2 or slope 4.0 minimum. - he held on to his bug when the TDI turned against his trade - there is no Divergence play in the chart' market conditions. Divergence with RSI or TDI are only good when in trending market type conditions...

Hi, I'm no expert here and I haven't looked at the full picture yet but looking at what you posted surely that is Hidden Divergence in an uptrend.

Anyways... on another note. Since this forum isn't on TMS anymore and it looks like my spam folder I thought I'd ask a question here which I've been trying to figure out for some time now and which the broker can't answer either.

Could someone please explain to me how FXCM calculates required margin. On their website they say their leverage is 30:1 for the majors. See example attached:
Go Long 1.00 volume (100 000 units)
Therefore 100 000 pounds = $127 274 (Exchange rate 1GBP = 1.27274USD)
Therefore Required Margin = 127 274 x 1/30 = $4 242.47 but there margin is $4 995
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  • #131,909
  • May 25, 2022 4:42am May 25, 2022 4:42am
Quoting LifesAbeach
{quote} Hi, I'm no expert here and I haven't looked at the full picture yet but looking at what you posted surely that is Hidden Divergence in an uptrend. Anyways... on another note. Since this forum isn't on TMS anymore and it looks like my spam folder I thought I'd ask a question here which I've been trying to figure out for some time now and which the broker can't answer either. Could someone please explain to me how FXCM calculates required margin. On their website they say their leverage is 30:1 for the majors. See example attached: Go Long...
If you've read very many of Vincent's posts, then you should know that he has an OCD compulsion with the "mother bar" . He spends a lot of time looking for this wide-range bar on a rather high TF like W1, and then when the next few bars on D1 or higher are inside this bar, declares that the market is ranging. He has no clue about smaller TFs possibly being in trends, or that it could be possible to see divergence or anything else connected with trend conditions, because his higher TF declaration overrides all else. This is just one of the reasons that he can't progress beyond his 65% success rate as well as blows accounts year after year as you can see from his results that he posted for 2017 2018, and 2019. (He doesn't post results after that so that no one can see that he continues his losing habits.)
To free Gazans of Hamas, use whatever it takes.
  • #131,910
  • Edited 6:04am May 25, 2022 5:49am | Edited 6:04am
Quoting LifesAbeach
{quote} Hi, I'm no expert here and I haven't looked at the full picture yet but looking at what you posted surely that is Hidden Divergence in an uptrend. Anyways... on another note. Since this forum isn't on TMS anymore and it looks like my spam folder I thought I'd ask a question here which I've been trying to figure out for some time now and which the broker can't answer either. Could someone please explain to me how FXCM calculates required margin. On their website they say their leverage is 30:1 for the majors. See example attached: Go Long...

You ask the right question but to the wrong guy who cannot read properly...

The divergence I referred was highlighted with the yellow line. It is regular divergence when price made multiple rejection from previous low (price level).
It was a confluence for me indicating price was likely to end its downswing and reverse to upswing, which was the main trend. Price eventually made one last retest at previous low before making a Higher High after I reduced my TP for securing profit. it is what it is as trading.

Your approach with hidden divergence was an idea I discussed with another member around last Sep. But I am not applying this concept. Anyway thanks for pointing it out.

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As of your question on Margin. Is it a demo or live account? I suspect the calculation is not precise and simplified for demo accounts.
  • #131,911
  • May 25, 2022 5:56am May 25, 2022 5:56am
Quoting emmanuel7788
{quote} hey Folks we can all learn from traders' posts and trades: here is my POMO review of @tommydog' NU May24 H1 buy trade - he traded when market was sideways narrow range with the H1 big Candle which is a Master Candle. - TDI did not show good bullish MOMENTUM , a good setup would have a TDI green slope between 12-2 or slope 4.0 minimum. - he held on to his bug when the TDI turned against his trade - there is no Divergence play in the chart' market conditions. Divergence with RSI or TDI are only good when in trending market type conditions...
Good! You finally start learning BigE's Trading Made Simple.

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I see you start following me (and BigE) using very simple PA such as Highs and Lows. Next is follow the TDI signals that aligns with the PA analysis to enter trades.
Still you are hooked onto craps that make your trading complicated and losing.

Slowly but surely you can reach positive expectancy in your trading after >30 years of losing.

More importantly, having a Simple Trading Method to trade like breeze.


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  • #131,912
  • May 25, 2022 5:58am May 25, 2022 5:58am
Quoting tommydoginti
{quote} Good! You finally start learning BigE's Trading Made Simple. {image} I see you start following me (and BigE) using very simple PA such as Highs and Lows. Next is follow the TDI signals that aligns with the PA analysis to enter trades. Still you are hooked onto craps that make your trading complicated and losing. Slowly but surely you can reach positive expectancy in your trading after >30 years of losing. More importantly, having a Simple Trading Method to trade like breeze. {image}
wow outstanding Win Rate
  • #131,913
  • Edited 6:16am May 25, 2022 6:02am | Edited 6:16am
Quoting HengkiTjen
{quote} wow outstanding Win Rate
BigE's #495

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The trick is to Keep it Simple. Many losing traders have a weird but destructive mindset - Simple is too good to be true.

You can see the journey of those losing traders seeking their "holy grails" - Adding indicators, switching methods, putting EAs, "Evolve" a winning method. The end result is obvious for most of them, becoming the 95% losing traders.
That is the most important advice BigE has given in this thread with his years of experience trading.

Just an example, following BigE's #647 to analyze the market with highs and lows. Then just enter when the TDI crossed. You can see and assess the accuracy of such entry method, as TDI is a non-repainting indicator.

In this case, for the 4 entry points, 3 would be TP hitting winning trades, 1 would be either a small win/BE or loss depending on how you manage the trade.

Good luck

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  • #131,914
  • May 25, 2022 6:08am May 25, 2022 6:08am
Quoting tommydoginti
{quote} BigE's #495 {image}
what TF did you trade on ?
did you trade any pairs?
thank you
  • #131,915
  • May 25, 2022 6:14am May 25, 2022 6:14am
Quoting HengkiTjen
{quote} what TF did you trade on ? did you trade any pairs? thank you
Any is fine. I started with m15 and lower. Now I trade mostly on m30 and 1H, sometimes m15. Depending on how busy I am with job and other activities.

For pairs, you can see my trade summary for reference. Just showing the longs.

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  • #131,916
  • May 25, 2022 6:19am May 25, 2022 6:19am
What i have seen when i saw this topic. Ofcurse it will be next holy grail system which people who use it could win.
I see that this topic is very hot for a while. What can i also see? a few memebers who are arguing each other. Tell me why people in this topic are arguing? This is free website where traders/investors can exchange yours mind. It is their free choice. Iam very glad to see that some people are very involved in this system and teach each other about trading.
  • #131,917
  • May 25, 2022 6:21am May 25, 2022 6:21am
Quoting tommydoginti
{quote} Good! You finally start learning BigE's Trading Made Simple. {image} I see you start following me (and BigE) using very simple PA such as Highs and Lows. Next is follow the TDI signals that aligns with the PA analysis to enter trades. Still you are hooked onto craps that make your trading complicated and losing. Slowly but surely you can reach positive expectancy in your trading after >30 years of losing. More importantly, having a Simple Trading Method to trade like breeze. {image}

hey @tommydog

what is with all these fake trades you use photoshop-editing on old chart and posting them in this thread?

If trading is so simple, why all these fake trades posted in this thread to mislead people here.


Examples:

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #131,918
  • May 25, 2022 6:28am May 25, 2022 6:28am
Quoting emmanuel7788
{quote} hey @tommydog what is with all these fake trades you use photoshop-editing on old chart and posting them in this thread? If trading is so simple, why all these fake trades posted in this thread to mislead people here. Examples: {image} {image} {image} {image}
People! Why are you still arguing? Is it forex system trading topic or arguing topic? In my mind everyone who not public any statement and teach other about trading is dishonest.
  • #131,919
  • May 25, 2022 6:28am May 25, 2022 6:28am
Quoting tommydoginti
{quote} Good! You finally start learning BigE's Trading Made Simple. {image} I see you start following me (and BigE) using very simple PA such as Highs and Lows. Next is follow the TDI signals that aligns with the PA analysis to enter trades. Still you are hooked onto craps that make your trading complicated and losing. Slowly but surely you can reach positive expectancy in your trading after >30 years of losing. More importantly, having a Simple Trading Method to trade like breeze. {image}
hey @tommydog

it took many years for the OP to be able to take trade without the TDI.

that is what he described in his Post#2617 .... without the Stoch and TDI taking clean trades became a breeze for him.

you only started trading in Oct 2020, and that is less than 2 years since, give yourself more time to develop more trading skills to interpret Post#647



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #131,920
  • May 25, 2022 6:33am May 25, 2022 6:33am
Quoting HengkiTjen
{quote} wow outstanding Win Rate
I knew when you posted that that Vincent would have another mental melt down and make his expected (oh, so tiresome now!) attack on tommy about fake trades. You can see that it was only 20 minutes later that Vincent launched his attack.

The poor guy is, sadly, so predictable.
To free Gazans of Hamas, use whatever it takes.
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