the cautious seldom err....C
- #136,582
- Nov 25, 2022 9:29am Nov 25, 2022 9:29am
- Joined Aug 2012 | Status: Trader | 18,663 Posts
the cautious seldom err....C
- #136,583
- Nov 25, 2022 9:45am Nov 25, 2022 9:45am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
[quote=korosh1350;14234690][quote=pips29;14234682]
Look at TDI green direction and angle above 2 almost touching 1
You trade the daily this would have been a good TDI crossover for a buy trade.
TDI cross.pdf would rather have the crossover above the 50 line.
> Also what might have mislead you to take a sell trade is D1 is up against a support level. (Same size as black arrow) which made H1 go down for awhile.
{quote} Did you take a look at the daily when you took the t{image}yes i do it is range and price reach the resistance and strong bearish candle in h4.please give me your idea if you think i am wrong
You trade the daily this would have been a good TDI crossover for a buy trade.
TDI cross.pdf would rather have the crossover above the 50 line.
> Also what might have mislead you to take a sell trade is D1 is up against a support level. (Same size as black arrow) which made H1 go down for awhile.
- #136,584
- Nov 25, 2022 11:07am Nov 25, 2022 11:07am
- Joined Aug 2012 | Status: Trader | 18,663 Posts
the cautious seldom err....C
- #136,585
- Nov 25, 2022 1:41pm Nov 25, 2022 1:41pm
- Joined Nov 2008 | Status: Trader | 50,214 Posts
[quote=korosh1350;14234690][quote=pips29;14234682] @korosh1350
you got rid of the Stoch and TDI
this way you are getting very close to the original 5-Method
your chart looks very much like the way Big E and I traded the stock markets in the '90s with the same trading coach.
Who is your trading coach?
This week review:
there is no 4H swing trade this week and on Fridays
- market type condition is sideways narrow range
- market will not run 3 to 8 candles
your trendline gave you a wrong visual bias
get rid of trendlines Big E #2617
On your Daily there is a candle which is key to why we do not trade the 4H today.
See if you can spot that candle.
Also Post#647, which are your short-term and long-term trends when you trade the 4H?
...
{quote} Did you take a look at the daily when you took the t{image}yes i do it is range and price reach the resistance and strong bearish candle in h4.please give me your idea if you think i am wrong
you got rid of the Stoch and TDI this way you are getting very close to the original 5-Method
your chart looks very much like the way Big E and I traded the stock markets in the '90s with the same trading coach.
Who is your trading coach?
This week review:
there is no 4H swing trade this week and on Fridays
- market type condition is sideways narrow range
- market will not run 3 to 8 candles
your trendline gave you a wrong visual bias
get rid of trendlines Big E #2617
On your Daily there is a candle which is key to why we do not trade the 4H today.
See if you can spot that candle.
Also Post#647, which are your short-term and long-term trends when you trade the 4H?
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #136,586
- Nov 25, 2022 1:45pm Nov 25, 2022 1:45pm
- Joined Nov 2008 | Status: Trader | 50,214 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #136,587
- Nov 25, 2022 1:50pm Nov 25, 2022 1:50pm
- Joined Nov 2008 | Status: Trader | 50,214 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #136,588
- Nov 25, 2022 1:54pm Nov 25, 2022 1:54pm
- Joined Nov 2008 | Status: Trader | 50,214 Posts
[quote=pips29;14234715][quote=korosh1350;14234690]
he was inside the buyers territory and will get himself shot ...
snipers shoot from behind concealment .... the 5EMA or the PAC is your protection ... aka Stop Loss!
...
{quote} Does the price on the daily look bearish, there is nothing to say that looking at the chart {image}
he was inside the buyers territory and will get himself shot ...
snipers shoot from behind concealment .... the 5EMA or the PAC is your protection ... aka Stop Loss!
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #136,589
- Nov 25, 2022 3:01pm Nov 25, 2022 3:01pm
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
...{quote} @Tekkies You do not know the 5-Method yet because you still did not learn the basics of trading 4X... Post#647 . #647 ============================================= When wanting to enter a TDI trade... take a moment first to observe basic 4x things... like: How close am I to the previous high or lo Am I in an uptrend or downtrend.. short & long term... Am I in or close to a consolidation area Are the previous candles
- #136,590
- Nov 25, 2022 6:41pm Nov 25, 2022 6:41pm
- Joined Nov 2008 | Status: Trader | 50,214 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #136,591
- Nov 25, 2022 6:50pm Nov 25, 2022 6:50pm
- Joined Nov 2008 | Status: Trader | 50,214 Posts
{quote}{quote}{quote} {image}
@Tekkies
Now that you know Post#3418 above and the TDI provide a lot of information,
test yourself when you are ready...
solve this puzzle
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #136,592
- Nov 25, 2022 7:12pm Nov 25, 2022 7:12pm
- Joined Nov 2008 | Status: Trader | 50,214 Posts
{quote}{quote}{quote} {image}
@Tekkies
This one should put a bigger smile on your face.
Learn to shoot from behind the 5EMA #3418
"PA is HA Candles, PA crosses the yellow line and closes... enter on the next candle if it's the same color. When candles flatten out... exit. Stay in the trade as long as it doesn't cross back over the yellow line and close."
Nov 24, ....
....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #136,593
- Nov 26, 2022 4:47am Nov 26, 2022 4:47am
- Joined Oct 2022 | Status: frog in shell totally active | 1,188 Posts
{quote} @Tekkies This one should put a bigger smile on your face. Learn to shoot from behind the 5EMA #3418 "PA is HA Candles, PA crosses the yellow line and closes... enter on the next candle if it's the same color. When candles flatten out... exit. Stay in the trade as long as it doesn't cross back over the yellow line and close." Nov 24, .... {image} ....
don't just rely on snipers,
you have to equip them with new weapons
and they are all available in FF
- #136,594
- Edited 5:21am Nov 26, 2022 4:57am | Edited 5:21am
- | Joined Jan 2019 | Status: Trader | 269 Posts
...{quote} @korosh1350
i dont have any coach but appriciate your help and other friends it means a lot to me . i see these cross over on tdi and stoch h4 and also the revers and resistance. and see range on daily and donot pay attention to buy signal on daily tdi.i want to trade a revers and counter trend. i trade pa but i see alots of benefit to use 5-method like i can cauth the beginning of the swing. also i cant find the candle to show me not to trade h4
- #136,596
- Nov 26, 2022 8:15am Nov 26, 2022 8:15am
- Joined Oct 2022 | Status: frog in shell totally active | 1,188 Posts
{quote} War is getting more sophisticated, don't just rely on snipers, you have to equip them with new weapons and they are all available in FF {image}
I don't mean to patronize, but in an era that is constantly changing and full of uncertainty in fx,
in my opinion one system is not enough to make a lot of profit
I use several indicator systems at once
in this case the Big-E method as 1 system
each system will produce a signal that is almost similar but not the same,
so from the 2-3 systems used we can draw conclusions when there are similarities between the three
so that I don't get confused I'm looking for a system that has an on off button , XU ma by TDT Coffee is another one
I can see what systems 1, 2 and 3 or at the same time 123 look like through the on off earlier
Besides the indicator system, I also use EA as a tool
The EA that I use is also multi-functional,
I can turn on the EA according to the main signal (Big E method for example) or
I turn off the signal and the EA will work without a signal but according to the buy/sell button
As much as possible EA has many Exit plan options, for example
1. if the order profit is more than.....
2.if the positive floating is more than...
3. if the equity is more than the target today
4. close by signal
5. close all
6. close buy
7. close sell
8. trailing stop etc
It is better if EA also has lots of on and off buttons
so we don't have to go into the EA settings but just go through the true false button
Like in a game or war, the tools we have are getting better and easier to use, as easy as an on off button,
maybe the game will be more interesting and productive.
Good Luck
- #136,597
- Nov 26, 2022 9:38am Nov 26, 2022 9:38am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
{quote} War is getting more sophisticated, don't just rely on snipers, you have to equip them with new weapons and they are all available in FF {image}
Feel kind of sorry for Vincent's lone sniper when a drone outfitted with a terminal scanner plus 4 HE bombs takes aim from 2km altitude.
- #136,598
- Nov 26, 2022 10:21am Nov 26, 2022 10:21am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
- #136,599
- Nov 26, 2022 11:03am Nov 26, 2022 11:03am
- Joined Oct 2022 | Status: frog in shell totally active | 1,188 Posts
{quote} Comparing what you posted in Post 136,594 against Post 136,597 a few facts don't line up. > Counted +- 20 sell orders with price above (not sure 5EMA and middle band of Bollinger Bands). > How many sell orders with 5EMA flat? Either you don't follow the advice of those indicators or you like to press that sell button on that EA.
That's the M5 chart, EA open orders using H1 data , sure follow advice of indicator that used in EA , you can see open order =true ,
closebysignal=true and order closebysignal according to target 1019
I am also often undisciplined, especially since I use many different indicators that's why I created a buy/sell-WO-Signal button
- #136,600
- Edited 11:50am Nov 26, 2022 11:21am | Edited 11:50am
- Joined Oct 2022 | Status: frog in shell totally active | 1,188 Posts
{quote} it was an october 31st transaction at 00:00 to 01:15 total 99 orders 0.99 lots That's the M5 chart, EA open orders using H1 data , sure follow advice of indicator that used in EA , you can see open order =true , closebysignal=true and order closebysignal according to target 1019 {image}{image}If I doubt your discipline, does that mean I have to be disciplined? ha ha ha I am also often undisciplined, especially since I use many different indicators that's why I created a buy/sell-WO-Signal button
After the target is reached, EA doesn't open orders anymore unless I increase the Value (1.9) in the edit box , Main Target is 15%
EA did not immediately reach the 15% target, but slowly increased it via the edit box
things like this are what I mean part of the additional tools
