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Trading Made Simple

  • #135,481
  • Nov 2, 2022 11:24pm Nov 2, 2022 11:24pm
scalp short
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ITB - Seeing Orderliness amongst 'Randomness'
  • #135,482
  • Nov 2, 2022 11:35pm Nov 2, 2022 11:35pm
Quoting Inthebox
scalp short {image}

good!

it is now back to Day Open

I target the previous Day low.


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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #135,483
  • Nov 2, 2022 11:47pm Nov 2, 2022 11:47pm
TMS M15 Scalping with MEME anyone?

- semi-automated EA

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https://www.forexfactory.com/thread/...42#post8788142
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #135,484
  • Nov 2, 2022 11:52pm Nov 2, 2022 11:52pm
Quoting Tekkies
{quote} Vincent, what do you know / understand about IMT? Some nice profit here. The same as what those guys expect to see who does those really long term investment that go many months / years. {image}
Vincent, what do you know / understand about IMT?

The same as he knows about the 5-method or any other method: nothing, and he has the trading history to prove it.
To free Gazans of Hamas, use whatever it takes.
  • #135,485
  • Nov 2, 2022 11:54pm Nov 2, 2022 11:54pm
#Dealing with Trading Drawdown and Recovery Duration

- do you know this and your trading system performance?
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #135,486
  • Nov 2, 2022 11:58pm Nov 2, 2022 11:58pm
Quoting Tekkies
{quote} Vincent, what do you know / understand about IMT? Some nice profit here. The same as what those guys expect to see who does those really long term investment that go many months / years. {image}

hey @Tekkies

Two things I know and I am afraid of:

1) you need to listen to the voices in your head

2) the voice will tell you to hold on to losing trades for 40 weeks and add-on to losing trades and hold on for another 27 weeks.


1)
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2)

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3) tba

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #135,487
  • Edited 12:26am Nov 3, 2022 12:02am | Edited 12:26am
Quoting pips29
{quote} Just to confirm when I'm trading H1 the 4hour is the next tf that is more important to me than the daily. There's pips to be made when timing is correct using H4 as your guide before it reverts to the trend on the daily but if you have caught a reversal then the daily will switch over and join H1 and H4. The point I'm making is when H4 differs from the daily in term of direction at the time of entry, I rather go with H4., hope this is clear..it's only my preference,,perhaps nothing to do with this thread but it concerns my way of trading...
You're uncovering the basic tenet behind Intrinsic Market Timing.
To free Gazans of Hamas, use whatever it takes.
  • #135,488
  • Nov 3, 2022 12:17am Nov 3, 2022 12:17am
Quoting DrDave
{quote} Your uncovering the basic tenet behind Intrinsic Market Timing.

3) tba

I am sure pips29 being an intellectual is not going there - IMT risking 100 pips to make 10pips

IMT system performance is terrible

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98.8% win rate but look deeper


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #135,489
  • Nov 3, 2022 12:22am Nov 3, 2022 12:22am
Quoting emmanuel7788
TMS M15 Scalping with MEME anyone? - semi-automated EA {image} https://www.forexfactory.com/thread/...42#post8788142

TMS MEME H1

- semi-auto trading EA

- if you love to count pips, this is for you

> catch 'falling knife' with TMS MEME

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #135,490
  • Nov 3, 2022 12:23am Nov 3, 2022 12:23am
Quoting tommydoginti
{quote} Hi Nagarrazu, Yes you have made a good analysis on the trend and price level. Our disagreement was at the timing of entry. It would be best to Sell as price moving from a high. So it would be better to wait for High to form and sell from there. Or Buy the pullback to reap profit as price is on the way making a (lower) high before continuing down'. That is when TDI cross signals comes in play as it is the timing indication. Trade well {image}
Hmmmm. I wonder why I don't see Vincent's favorite method: When in an up trend, wait for price to turn down in a pullback, then start buying. Buy in steps as price goes lower and keep buying with
averaging down. And begin Hope&Peay session that it is only a pullback and this deep in the red position turns around. Sadly, he has so many of the deep in the red episodes that were not merely pullbacks but were trend reversals that his account is finally blown. So he photoshops some charts and graphs and tries to fool people into believing that he traded the Daily TF for 100% gain in 10 months. The reality: it was 100% NEGATIVE in just 10 months.
To free Gazans of Hamas, use whatever it takes.
  • #135,491
  • Nov 3, 2022 12:30am Nov 3, 2022 12:30am
Quoting pips29
{quote} ok..since you are new to trading I advise you to put on the mbl (yellow) on the TDI and draw a line at the 50 level..trade long only when TDI is above the 50 and also above the mbl. Short when the opposite happens with the TDI...you will avoid most bad trades but will also miss some winners ...a case of better safe than sorry

good advice given March 16, 2016 by pip29

put on the mbl (yellow) on the TDI and draw a line at the 50 level..
trade long only when TDI is above the 50 and also above the mbl.
Short when the opposite happens with the TDI...you will avoid most bad trades but will also miss some winners
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #135,492
  • Nov 3, 2022 12:32am Nov 3, 2022 12:32am
Quoting Fake'Dr'Dave
{quote} Hmmmm. I wonder why I don't see Vincent's favorite method: When in an up trend, wait for price to turn down in a pullback, then start buying. Buy in steps as price goes lower and keep buying with averaging down. And begin Hope&Peay session that it is only a pullback and this deep in the red position turns around. Sadly, he has so many of the deep in the red episodes that were not merely pullbacks but were trend reversals that his account is finally blown. So he photoshops some charts and graphs and tries to fool people into believing that...

hey Davey-boy

how was your hope and pray for 40 weeks and got more intense the later 27 weeks?

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #135,493
  • Nov 3, 2022 1:16am Nov 3, 2022 1:16am
Hi pips29 I saw something like countdown time ind on ur chart if its pls share with me just need it for closing of h4 candle thanks
  • #135,494
  • Nov 3, 2022 1:34am Nov 3, 2022 1:34am
[quote = emmanuel7788؛ 14207237] {quote} @ khalid94 EG H4 لدينا شمعة جديدة مفتوحة الآن ... إنها شريط (0) {image} ... [/ quote]

When I looked and looked at the Heiken candles, I found them to be more credible than the Japanese candles. It is not correct to delete something and take something. It must be a complete system indicator, and every indicator is complementary to the other. Success is a deal.
  • #135,495
  • Nov 3, 2022 2:27am Nov 3, 2022 2:27am
Quoting Inthebox
scalp short {image}
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ITB - Seeing Orderliness amongst 'Randomness'
  • #135,496
  • Nov 3, 2022 2:46am Nov 3, 2022 2:46am
Quoting tommydoginti
{quote} Hi Tekkies, Even Emmanual is a long-time loser, we can still learn from his mistakes (tho he cannot). Let's go through some of his mistakes. These are puzzles for traders to learn TMS How would BigE's Trading Made Simple avoid these stupid losing trades? With BigE's TMS rules we know why those analysis are total crap. {image} BigE's #6 {image} TMS Sell setups in a downtrend using TDI cross signals Don't be FOMO and chase the price. TDI crosses indicates price moving away from previous High and Low, a better price to sell and Buy. {image}...
How would BigE's Trading Made Simple avoid these stupid losing trades?
Follow TDI crossover with angle 12/2 - 4/6 Stoch confirming direction. Filter TDI signal with Post#647
Currently a sell signal was given 45min ago.
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  • #135,497
  • Nov 3, 2022 3:08am Nov 3, 2022 3:08am
Quoting Tekkies
{quote} How would BigE's Trading Made Simple avoid these stupid losing trades? Follow TDI crossover with angle 12/2 - 4/6 Stoch confirming direction. Filter TDI signal with Post#647 Currently a sell signal was given 45min ago. {image}
if you don't mind me joining in the discussion, do you mean the long trade?
ITB - Seeing Orderliness amongst 'Randomness'
  • #135,498
  • Nov 3, 2022 3:09am Nov 3, 2022 3:09am
Quoting pips29
{quote} I have more than 20 pairs and occasionally I will pick a pair that I haven't traded for a long time (variety is the spice of life). I don't limit myself to the amount I can win but my initial stop depends on what I see on the chart but I often limit the stop to less than 50 and tighten it as soon as I'm in the green. In other words I have nothing set in stone..my TE in the past recorded 80% wins. I'm unemployable and so I have the time, my current "boss" is the lady sitting next to me and when she says let's go here and there and I will...
Hi Pips29
Thank you very much for your answer !
I think that my own win rate is around 70% (of course on a real account) and I am retired and have no more a wife to say let's go ,but I am not able to have the nervous capacities to stay focus on trading for hours. So I trade the daily time frame (or 4H from time to time) and my method is derived from this thread + Xman + PHX69 + Arjun + Etc... and I added a few things found elwhere to make the cooking at my own taste , so it would not be appopriate to show some charts in this thread now.
Your charts are clear and in the way of the original thread so it is of the utmost importance that you go on showing your examples which are full of things to be learned for a lot of people here.
Thank you once again for what you do.
  • #135,499
  • Nov 3, 2022 3:19am Nov 3, 2022 3:19am
Quoting Inthebox
{quote} if you don't mind me joining in the discussion, do you mean the long trade?
No. The current indicate sell setup
The bar time you see on chart is showing the time remaining before bar close
> given 45min ago > (60-45=15)
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  • #135,500
  • Nov 3, 2022 3:24am Nov 3, 2022 3:24am
short
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ITB - Seeing Orderliness amongst 'Randomness'
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