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Trading Made Simple

  • #134,601
  • Oct 11, 2022 7:32pm Oct 11, 2022 7:32pm
Quoting emmanuel7788
GBPUSD Dec 03 NY session trading - last trade attempt to catch some more pips - go stopped out by CSTSL exit. - if I wait for TDI cross to exit now, I lose money. {image}

Hello emmanuel. I ve read so many threads that you are posting and i am kinda tired of spending so much time here and there on different systems and not focusing on one.

I want to spend some time on a system thats worth it.

Do you think this is worth focusing?


Thanks a lot
  • #134,602
  • Oct 11, 2022 8:23pm Oct 11, 2022 8:23pm
Quoting nikos1989
{quote} Hello emmanuel. I ve read so many threads that you are posting and i am kinda tired of spending so much time here and there on different systems and not focusing on one. I want to spend some time on a system thats worth it. Do you think this is worth focusing? Thanks a lot

Hi @nikox1989

Yes! You are absolutely correct that traders must focus only one 'system' at a time. If you are day trader then only focus on day trading as in many threads in FF.

You should spend more time on the system you trade which you are profitable.

While you trade a profitable system, you can also consider developing another system and forward test in real-time live market.

The last 12 years I only focus on the 3 systems I developed using Big E' 5-Method as my core trading methodology.

- system #1 is for day trading and scalping , TMS-II

- system #2 is for 4H swing trading (intra-week) Monday to Friday, TME MEME

- system #3 is for Daily/Weekly swing trading , TMS EVO and TMS MEM EVO

All three systems have its own and different Money Management strategies, Recovery system, etc.

Let me know when you need resources for your own trading system development.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,603
  • Oct 11, 2022 8:25pm Oct 11, 2022 8:25pm
Quoting emmanuel7788
{quote} Hi @nikox1989 Yes! You are absolutely correct that traders must focus only one 'system' at a time. If you are day trader then only focus on day trading as in many threads in FF. You should spend more time on the system you trade which you are profitable. While you trade a profitable system, you can also consider developing another system and forward test in real-time live market. The last 12 years I only focus on the 3 systems I developed using Big E' 5-Method as my core trading methodology. - system #1 is for day trading and scalping ,...

Thank you so much!

I been searching systems for 1 year now probably backtested thousand indicators and i will focus on this one!

I appreciate your response it helped a lot.

Thank you
  • #134,604
  • Oct 12, 2022 2:51am Oct 12, 2022 2:51am
Thanks for all your explanations and help. A few pages back you gave links for THV Cavemanager. Are you aware of a version of this for MT5? Or another recommendable trademanager for MT5? Thanks
  • #134,605
  • Oct 12, 2022 7:09am Oct 12, 2022 7:09am
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  • #134,606
  • Oct 15, 2022 12:32pm Oct 15, 2022 12:32pm
for many months I read the following sentence: Stochastic confirms the TDI signal. Very strange. Because 99% of the time when TDI crosses, Stochastic crosses too. Could someone explain to me in a clear way, like this stochastic confirmation?
  • #134,607
  • Oct 16, 2022 6:34am Oct 16, 2022 6:34am
Quoting ZeDaBudega
for many months I read the following sentence: Stochastic confirms the TDI signal. Very strange. Because 99% of the time when TDI crosses, Stochastic crosses too. Could someone explain to me in a clear way, like this stochastic confirmation?
In Big E' original 5-Method, the Stoch(8,3,3,) does not confirm the TDI signal.

The Stoch and RSI (TDI) are both oscillators and work in different market type conditions.

The Stoch(8,3,3) provides the %K cross %D as a signal for certain price action conditions. One of the PA is the 5bars Fractal Swing High / Swing Low which is explained many times in the old thread.
In most cases, the swing high/swing low reversals are confirmed by the Stoch(8,3,3) signal and the TDI Post#25 will provide the RSI green price line as the PA Momentum.

Example below:

Attached Image (click to enlarge)
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> there must be price action ... a 5bars swing high
> a True REVERSAL with Stoch (8,3,3) % K crossed %D as the signal

>>> then the TDI green price line is 'lagging' will confirm the True REVERSAL setup

**** but not every True REVERSAL is a TMS trade setup. You need to learn PASR and avoid trading in price consolidation and in narrow range sidways market type conditions.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,608
  • Oct 16, 2022 6:37am Oct 16, 2022 6:37am
Quoting Forex37
Thanks for all your explanations and help. A few pages back you gave links for THV Cavemanager. Are you aware of a version of this for MT5? Or another recommendable trademanager for MT5? Thanks

No. THV Cavemanager EA ... there is no MT5 version .
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,609
  • Oct 16, 2022 10:45am Oct 16, 2022 10:45am
Quoting emmanuel7788
{quote} No. THV Cavemanager EA ... there is no MT5 version .
Thanks for speedy and knowledgable reply. Still a pity. Any other trademanager recommended for MT5?

Thanks
  • #134,610
  • Oct 16, 2022 11:03am Oct 16, 2022 11:03am
Quoting emmanuel7788
{quote} EURGBP Nov 16 open with GAP up and now covering fast - watch H1 price action when the price made the 5EMA and the 10,50,200 EMAs congregates ... the markets do not observe social distancing... {image}
I need indicator show multitimeframe like you. where i can find. thank u. sincere
  • #134,611
  • Oct 16, 2022 12:20pm Oct 16, 2022 12:20pm
Quoting emmanuel7788
{quote} No método 5 original Big E', o Stoch(8,3,3,) não confirma o sinal TDI. O Stoch e o RSI (TDI) são osciladores e funcionam em diferentes condições de mercado. O Stoch(8,3,3) fornece o %K cruzado %D como um sinal para certas condições de ação de preço. Um dos PA é o Fractal Swing High / Swing Low de 5bares que é explicado muitas vezes no tópico antigo. Na maioria dos casos, as reversões de swing high/swing low são confirmadas pelo sinal Stoch(8,3,3) e o TDI Post#25 fornecerá a linha de preço verde do RSI como o PA Momentum. Exemplo abaixo:...

thank you friend. Your explanation was very enlightening.
  • #134,612
  • Oct 16, 2022 12:51pm Oct 16, 2022 12:51pm
gu next week look for sell opportunity below the level. simple plan
risk reward will be more than 1 to 2.
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MA provides the market's current direction and strength.
  • #134,613
  • Oct 17, 2022 7:31am Oct 17, 2022 7:31am
Hi Guys, it's been a long time since i was on this threat, so trying to get back up to speed.
Can anyone tell me why you would not enter on the bar i highlighted in purple, but you would enter on the red line as Big E did, (This is from the Best of Big E pdf)?
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  • #134,614
  • Oct 17, 2022 7:39am Oct 17, 2022 7:39am
HI Guys,

And another one, just trying to see why the trade i marked is not valid but the next TDI cross trade is? Just trying to learn.
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  • #134,615
  • Oct 17, 2022 7:48am Oct 17, 2022 7:48am
hi

another newby here trying to learn.

i take the liberty to comment though on your two Qs
- post 134613: i believe at the time the long candle opens the (just after the doji style HA) the TDI has not crossed and is flat
- post 134614: thats candle 4, seems to be too late for an entry
  • #134,616
  • Oct 17, 2022 12:12pm Oct 17, 2022 12:12pm
Is it start of new up side move, Breaks the range in daily chart gj and ej
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: Capture.PNG Size: 29 KB
MA provides the market's current direction and strength.
  • #134,617
  • Oct 17, 2022 6:34pm Oct 17, 2022 6:34pm
Quoting bez3000
Hi Guys, it's been a long time since i was on this threat, so trying to get back up to speed. Can anyone tell me why you would not enter on the bar i highlighted in purple, but you would enter on the red line as Big E did, (This is from the Best of Big E pdf)? {image}
That Post#1981 is another of Big E' training chart example.

Study Post#647 and make own notes.

Do not trade the TDI when in consolidation market conditions.

first a big candle is a warning, then come the small candles .... Master Candle!

do not trade that chart timeframe after a big candle


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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,618
  • Oct 17, 2022 6:41pm Oct 17, 2022 6:41pm
Quoting bez3000
HI Guys, And another one, just trying to see why the trade i marked is not valid but the next TDI cross trade is? Just trying to learn. {image}

Post#7105 is another training chart to explain a specific...

there are several other things which he mentioned in other posts before #7105 - example price action and TDI double bottom, 5EMA slope/angle as a bonus in addition to the RSI green price line slope , etc.

>>> many of Big E' discretionary rules which we must read, study and take note of.

>>> the key here is Post#647 which is basic forex stuff



Quoting eelfranz
Beautiful Sample set up.... {image}

Attached Image (click to enlarge)
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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,619
  • Oct 17, 2022 6:48pm Oct 17, 2022 6:48pm
Quoting ThePriest
hi another newby here trying to learn. i take the liberty to comment though on your two Qs - post 134613: i believe at the time the long candle opens the (just after the doji style HA) the TDI has not crossed and is flat - post 134614: thats candle 4, seems to be too late for an entry

good start but there's lot more we must see on those charts

spend more time and look at the price and its price action

and observe what the Stoch(8,3,3) and RSI / TDI are telling its own story about the market condition

we trade the price not the indicators
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,620
  • Oct 17, 2022 6:59pm Oct 17, 2022 6:59pm
Quoting emmanuel7788
{quote} good start but there's lot more we must see on those charts spend more time and look at the price and its price action and observe what the Stoch(8,3,3) and RSI / TDI are telling its own story about the market condition we trade the price not the indicators
Thats the bit where i struggle right now. would you mind explaining those points re the PA and the "story"?
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