{quote} How does the momentum look right now (12-2, 4-6) where to look for this momentum indicator ??
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #132,321
- Jun 20, 2022 6:20pm Jun 20, 2022 6:20pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
- #132,322
- Jun 20, 2022 6:57pm Jun 20, 2022 6:57pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} How does the momentum look right now (12-2, 4-6) where to look for this momentum indicator ??
In Big E' 5-Method, he use the Stoch (8,3,3) from Craig Harris Stochastics Method to pick the True REVERSAL setups.
Then he use Dean Malone' original TDI 2006 (the same TDI in Post#25) to confirm the setup candle with RSI(13)/EMA(2) as the MOMENTUM signal.
The TIMING is when both the Stoch and TDI#25 show the MOMENTUM at his 10PM PDT 4hr candle and 2AM PDT 4hr candle for his TMS trade.
Trading Made Simple is just the title of this thread. The trading method is Big E' 5-Method. People here got this all wrong.
How to spot a True REVERSAL ?
- the best setups are when your have both the Stoch and RSI show 12-2 or 4-6 to confirm the MOMENTUM,
You will read all about this in his old thread.
downloads { here } and { here } and { here } and { here }
and lots more - there is also a 'bonus' setup condition.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #132,323
- Jun 20, 2022 7:10pm Jun 20, 2022 7:10pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} hey @Tekkies TDI does the re-paint / re-calculating thing. Yes! So many different online versions of Dean Malone' Traders Dynamic Index and they all have this "re-painting' phenomenon in their mql4 coding. But "re-painting" is no a problem. Big E traded with the TDI and he made a lot of money as he claimed. I too traded with the different version of the TDI and I have learned to manage the "re-painting" issue and it is not a problem. It is actually very simple. Most EAs were not profitable because of many different reasons. I will post and...
- TDI in Post#25 (known to be the re-painting version)
- TDI Realtime version ( updates on every price tick...)
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #132,324
- Jun 20, 2022 7:24pm Jun 20, 2022 7:24pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} How does the momentum look right now (12-2, 4-6) where to look for this momentum indicator ??
example below:
> the Price Action is the same, 5bars swing low and true REVERSAL then use the RSI(3) of the RSI(13)/MA(2)x(MA(7) to confirm
> Bearish and Bullish Engulfing Candles (BEEB and BUEB) are MOMENTUM candles
BEEB and BUEB
- one of the Three Powerful FOREX Price Patterns you can trade with Big E' 5-Method.
Learn just a few basic price action and apply them with Post#647, no need to guess what are big and small candle, be specific with what is small and what is big candle.
Three Powerful FOREX Price Patterns { download }
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #132,325
- Jun 20, 2022 7:38pm Jun 20, 2022 7:38pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
The END of an icon,
say Goodbye!
say Goodbye!
Inserted Video
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #132,326
- Jun 20, 2022 7:48pm Jun 20, 2022 7:48pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #132,327
- Jun 20, 2022 8:06pm Jun 20, 2022 8:06pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Reply to PMs
- one member asked about when the moving averages are flat what does that mean
Example is TMS' pioneer member snarlyjack who was trading with Big E during their time together
His post #25,908
<>
Hello,
I want to share with you what I have learned over the years. I've been trading TMS for about 3
years now. What I don't like about TMS is the counter trend moves. They are pretty risky.
I was studying Dean Malone at Compass Fx the inventor of the TDI. Dean Malone has
added to his basic Synergy system that in my opinion really helps the system. He has
added the Guppy system into his Synergy system. He calls it his DOTS system. Dean Malone
is where Eelfranz made the TMS system from. The Guppy system gives you the long term
and short term trend.
The Guppy System is:
5 ema close blue (short term trend)
8 ema blue
10 ema blue
12 ema blue
15 ema blue
30 ema close red (long term trend)
35 ema red
40 ema red
45 ema red
50 ema red
55 ema red
50 ema red
I added the 50-2 Bollinger Bands and round numbers. On the 1 hour chart the outer bollinger bands
serve as a liquidation target. Also the round numbers work as a liquidation target. I have found
this system pretty accurate and profitable. This is my system and how I trade. It is the basic
TMS with a few additions. Please see enclosed chart...
snarlyjack
<>
- one member asked about when the moving averages are flat what does that mean
Example is TMS' pioneer member snarlyjack who was trading with Big E during their time together
His post #25,908
<>
Hello,
I want to share with you what I have learned over the years. I've been trading TMS for about 3
years now. What I don't like about TMS is the counter trend moves. They are pretty risky.
I was studying Dean Malone at Compass Fx the inventor of the TDI. Dean Malone has
added to his basic Synergy system that in my opinion really helps the system. He has
added the Guppy system into his Synergy system. He calls it his DOTS system. Dean Malone
is where Eelfranz made the TMS system from. The Guppy system gives you the long term
and short term trend.
The Guppy System is:
5 ema close blue (short term trend)
8 ema blue
10 ema blue
12 ema blue
15 ema blue
30 ema close red (long term trend)
35 ema red
40 ema red
45 ema red
50 ema red
55 ema red
50 ema red
I added the 50-2 Bollinger Bands and round numbers. On the 1 hour chart the outer bollinger bands
serve as a liquidation target. Also the round numbers work as a liquidation target. I have found
this system pretty accurate and profitable. This is my system and how I trade. It is the basic
TMS with a few additions. Please see enclosed chart...
snarlyjack
<>
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #132,328
- Jun 20, 2022 8:12pm Jun 20, 2022 8:12pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Reply to PMs - one member asked about when the moving averages are flat what does that mean Example is TMS' pioneer member snarlyjack who was trading with Big E during their time together His post #25,908 <> Hello, I want to share with you what I have learned over the years. I've been trading TMS for about 3 years now. What I don't like about TMS is the counter trend moves. They are pretty risky. I was studying Dean Malone at Compass Fx the inventor of the TDI. Dean Malone has added to his basic...
An example Jun21 NAS100 Daily at Tokyo open session
- we see the 5LWMA (white) and 5EMA (yellow) going 'flat'
- look at the Price Action, price is choppy and we have a 'gravestone' candle
- overall PA is a big candle followed by few smaller candles ...aka D1 Master Candle,
> Master Candle is CONSOLIDATION with high-low range
> lot more information which you need to know with your own experience
> make discretionary trading decisions based on your number of years experience
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #132,329
- Jun 20, 2022 8:16pm Jun 20, 2022 8:16pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
US Markets Jun 21 Tuesday Tokyo/Asian session
- Do Not chase after early bulls
- I'll wait till when the Monday bulls get exhausted
> where to Bears hunt?
- Do Not chase after early bulls
- I'll wait till when the Monday bulls get exhausted
> where to Bears hunt?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #132,331
- Jun 21, 2022 4:11am Jun 21, 2022 4:11am
- | Membership Revoked | Joined Jun 2011 | 9,885 Posts
To free Gazans of Hamas, use whatever it takes.
- #132,332
- Jun 21, 2022 4:14am Jun 21, 2022 4:14am
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote} Good! I had come to the realization that BigE has all necessary rules laid out in the Trading Made Simple method. It is good for you to know too.There is no point reinventing the wheel and complicate the TMS. After trading TMS for a while the next step would be like #2617, making it even simpler to analyze and execute trades. The reason it is Trading Made Simple because of the functions of each parameter complement to each other #647 Trend: Bias Prev highs and lows: Price levels TDI signals: Timing You know which direction...
Simple and straightforward trade. +42.6 pips.
Previous lows were Higher Lows: Buy bias
Previous High not yet retested: Expectation of price reaching 1.231 with high probability
TDI bounce: signal to Enter buy
Follow BigE’s Trading Made Simple. Analyse with #647 then follow TDI signals.
If you need more indications you are making trading Complicated. Waste of time.
trade well.
- #132,334
- Jun 21, 2022 8:08am Jun 21, 2022 8:08am
- | Membership Revoked | Joined Jun 2011 | 9,885 Posts
To free Gazans of Hamas, use whatever it takes.
- #132,338
- Jun 21, 2022 7:38pm Jun 21, 2022 7:38pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
S&P500 Jun 22 M30 Tokyo 9:30am
- BEEOB setup candle with Mother Bar/Inside Bar Breakout
- BEEOB setup candle with Mother Bar/Inside Bar Breakout
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
