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Trading Made Simple

  • #135,501
  • Nov 3, 2022 3:30am Nov 3, 2022 3:30am
Quoting Inthebox
{quote} if you don't mind me joining in the discussion, do you mean the long trade?
You will see the same setup on this chart
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  • #135,502
  • Nov 3, 2022 3:48am Nov 3, 2022 3:48am
Quoting Tekkies
{quote} 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) {image}
as i am not a frequent visitor of this thread, pardon me for my limited analysis.
How close am I to the previous high or lo
next support around 93-93.15
Am I in an uptrend or downtrend.. short & long term...
downtrend
Am I in or close to a consolidation area
price broke and tested yesterday low, also rejection around consolidation area. clearer in m15

protective stop if price goes back to consolidation zone.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #135,503
  • Nov 3, 2022 3:51am Nov 3, 2022 3:51am
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}

AJ Nov03 H4 active Pacific 10PM 4hr candle at London Open 8am

- the TDI is still pointing UP

- the previous bar/candle is a small bullish candle ... aka Inside Bar

- do not trade CONSOLIDATION #647



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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #135,504
  • Nov 3, 2022 4:04am Nov 3, 2022 4:04am
Quoting emmanuel7788
{quote} AJ Nov03 H4 active Pacific 10PM 4hr candle at London Open 8am - the TDI is still pointing UP - the previous bar/candle is a small bullish candle ... aka Inside Bar - do not trade CONSOLIDATION #647 {image} ...
Vincent please focus on the chart posted.
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  • #135,505
  • Nov 3, 2022 4:06am Nov 3, 2022 4:06am
Quoting emmanuel7788
{quote} AJ Nov03 H4 active Pacific 10PM 4hr candle at London Open 8am - the TDI is still pointing UP - the previous bar/candle is a small bullish candle ... aka Inside Bar - do not trade CONSOLIDATION #647 {image} ...

AJ Nov 03 H4 Pacific 2am London 9am

- new 4hr candle bar(0)

- easy decision based on all #463 posts

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #135,506
  • Nov 3, 2022 4:15am Nov 3, 2022 4:15am
Quoting nagarrazu
GBPUSD - short {image}
GBPUSD - Target Hit
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  • #135,507
  • Nov 3, 2022 4:47am Nov 3, 2022 4:47am
Quoting emmanuel7788
{quote} 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
Did I really say that??wow! amazing,,,amazing you can find a post 6 years ago. I can hardly find a post that I did 2 months ago if I were to do it. Every word I said back then still holds true today. I must give you a like
the cautious seldom err....C
  • #135,508
  • Nov 3, 2022 4:50am Nov 3, 2022 4:50am
Quoting Enagy
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
Can you point out with a chart what you require. I don't have a H4 candle close indicator
the cautious seldom err....C
  • #135,509
  • Nov 3, 2022 4:51am Nov 3, 2022 4:51am
Quoting Inthebox
short {image}
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ITB - Seeing Orderliness amongst 'Randomness'
  • #135,510
  • Nov 3, 2022 4:54am Nov 3, 2022 4:54am
Quoting pips29
{quote} Here's the H4 chart, I have taken 1/2 out and tighten the stop at -17,,,I will take my absence now,,good night traders {image}
price "unexpectedly" hit my target
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the cautious seldom err....C
  • #135,511
  • Nov 3, 2022 5:20am Nov 3, 2022 5:20am
Your Indicator could not make this kind of RR trade. You will fight here for nothing.
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MA provides the market's current direction and strength.
  • #135,512
  • Nov 3, 2022 5:24am Nov 3, 2022 5:24am
took a short with tight stop
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the cautious seldom err....C
  • #135,513
  • Nov 3, 2022 5:25am Nov 3, 2022 5:25am
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MA provides the market's current direction and strength.
  • #135,514
  • Nov 3, 2022 5:42am Nov 3, 2022 5:42am
Quoting Inthebox
{quote} How close am I to the previous high or lo next support around 93-93.15
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ITB - Seeing Orderliness amongst 'Randomness'
  • #135,515
  • Nov 3, 2022 5:47am Nov 3, 2022 5:47am
Quoting emmanuel7788
{quote} #Trading News by Big E: <> News... hummm... It can have a big effect on the 5/15/30 minute charts and 1 hour too at certain times. While trading the 4hr charts I don't pay much attention to it UNLESS IT'S a MAJOR news release... If it's major (red on FF Calendar) I'll wait until after the news release and the market calms down... <> UJ using 4hr 2xATR stop {image} XAUUSD 1hr 2xATR stop {image}
really appreciate . treasure for traders and responsible . thanks alot
  • #135,516
  • Nov 3, 2022 5:52am Nov 3, 2022 5:52am
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}
Hmmmm. Let's see now.
Looks like there is a down trend.
A rally occurs.
Price makes a 3-bar swing hi that is a lower high in a down trend.
TDI shows green cross red shortly after.
Green angled downward.
Still early in the down swing.
Stoch confirms.

WOW!! So simple. Looks like it is just TOO simple for most people to accept, though, so they add all of their favorite indicators, EAs, pivot lines, you name it so that it becomes very complex, and THEN surely THAT is why they manage to get a great 65% success rate and only blow accounts 1 or 2 times a year.
To free Gazans of Hamas, use whatever it takes.
  • #135,517
  • Nov 3, 2022 5:55am Nov 3, 2022 5:55am
Quoting Tekkies
{quote} Vincent please focus on the chart posted. {image}
C'mon, Tekkies. You know that he has mental problems that prevent him from focusing on nearly anything for more that about 30 seconds!
To free Gazans of Hamas, use whatever it takes.
  • #135,518
  • Nov 3, 2022 6:46am Nov 3, 2022 6:46am
Quoting pips29
took a short with tight stop {image}
taken 1/2 out and stop moved to -13 I have only this trade atm as good and profitable trades happened when I was still lying in bed
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the cautious seldom err....C
  • #135,519
  • Nov 3, 2022 6:56am Nov 3, 2022 6:56am
Quoting Inthebox
{quote} if you don't mind me joining in the discussion, do you mean the long trade?
Hi InTheBox, good to see you in this thread!
Was in SG in Feb, and had the opportunity to visit SG for product launch of my company in Sept, but I opt for Sydney and India instead..

Yes we were talking about the stupid mistake of catching bottoms.

You got it right about BigE's #647
Previous Highs and Lows
Trend
Rejection
etc..

Selling is the only way for TMS traders amid the downtrend.

Trade well.

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  • #135,520
  • Nov 3, 2022 7:01am Nov 3, 2022 7:01am
Quoting tommydoginti
{quote} Trading BigE's Trading Made Simple. #647 Trend was down Retest previous High Strong rejection @Nagarrazu, OB was already retested in last Sell. If looking for sell again around the area, liquidity grab would be safer. Opened as price spiked up then down and broke back in previous range, high chance of downtrend continuation. Entered at TDI green cross red down Exited because seeing a post by a loser who wanted to Sell AU... The 3 amigos. High chance of price would...
Trading BigE's Trading Made Simple method

Same setup as GU (The 3 amigo). Sell AU around same time.

GU closed in morning. AU left running and now price retesting strong support. Just closed it.

Following BigE's #647 Price Action and TDI green cross red Down.

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