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Monitor for 'Trading Made Simple' system 565 replies

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Trading Made Simple

  • #137,261
  • Dec 28, 2022 5:53am Dec 28, 2022 5:53am
Quoting korosh1350
{quote} do you trade like this?(with tdi for in and out)?is this a profitable trade?
@korosh1350

Very good question you asked @DrDick

NO. @FakeDrDave cannot trade price action. He does not understand basic price action as in Post#647.

If @DrDick knows how the lagging TDI works and he trade with the TDI#25 for entry and exit, he would not be holding on to the GU sell trades form 40 and 27 weeks. He 'hope and pray' for 40 weeks seeing his account under water and pray even harder in the last 27 weeks.

Attached Image (click to enlarge)
Click to Enlarge Name: FakeDr GU sell 40 weeks DD 2-1-2021 1-29-14 pm.png Size: 48 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #137,262
  • Dec 28, 2022 5:59am Dec 28, 2022 5:59am
Quoting korosh1350
{quote} hi emmanuel i begin to read the thread from page1 and finout that elf trade 4 hour and really trade only by cross tdi and donot pay attention to candles cross 5ma and exit after 1 or 2 candles . do you experienced trade like this?
@korosh1350

I posted that old chart template as I spend these last few days of the year to clean up my PC server.
That chart template is a consolidation of Big E' 19 templates which I tested more than 10 years ago to learn how he did his system development using his blending approach.

He did use the MACD with the TDI in his old thread . See this post: https://www.forexfactory.com/thread/...62#post3324862

He also use the AO and AC indicators. See this post: https://www.forexfactory.com/thread/...03#post4312803

Below is an EU example:


Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Dec28 old template 28-12-2022 7-45-06 pm.png Size: 38 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #137,263
  • Dec 28, 2022 6:07am Dec 28, 2022 6:07am
Quoting emmanuel7788
{quote} @korosh1350 Very good question you asked @DrDick NO. @FakeDrDave cannot trade price action. He does not understand basic price action as in Post#647. If @DrDick knows how the lagging TDI works and he trade with the TDI#25 for entry and exit, he would not be holding on to the GU sell trades form 40 and 27 weeks. He 'hope and pray' for 40 weeks seeing his account under water and pray even harder in the last 27 weeks. {image} ...
hi emmanuel
thanks alot, as i understand he usually opened trades not more than 3 or 4 . h4 candles and exit as soon as tdi told to
i want to examin this kind of trading and asking questiones to know if i understand correctly
  • #137,264
  • Dec 28, 2022 6:08am Dec 28, 2022 6:08am
Quoting emmanuel7788
GBPUSD Dec28 ... the 4hr - will there be a 'perfect order' at 4hr London 10am EST 5AM EST? {image}

Attached Image (click to enlarge)
Click to Enlarge Name: GU Dec28 will there be a perfect setup 28-12-2022 5-20-33 pm.png Size: 40 KB


...
that 4hr H4 candle closed with pullback

Attached Image (click to enlarge)
Click to Enlarge Name: GU Dec28 H4 close pull back 28-12-2022 8-06-38 pm.png Size: 40 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #137,265
  • Dec 28, 2022 6:15am Dec 28, 2022 6:15am
Quoting korosh1350
{quote} hi emmanuel i begin to read the thread from page1 and finout that elf trade 4 hour and really trade only by cross tdi and donot pay attention to candles cross 5ma and exit after 1 or 2 candles . do you experienced trade like this?
@korosh1350

IF you want to trade the 4hr as Big E mentioned in his Post#1 ... you can follow the Pacific 10PM and 2AM candles for entries and exit close all at the 6AM .

You have many options when you have mastered the 5-Method which you must learn in his old thread.


Post#1:
"
I hate trading 5min-15min-30min charts. Why? You have to monitor each trade from beginning to end and hope and pray you made a correct entry. I only trade 1hr charts during the the 1st 3 hours of the USA OPEN and 4hr trades at night. I check for set ups at 10pm Pacific,2am and close all 4 hour trades by 6am Pacific....
"
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #137,266
  • Dec 28, 2022 6:18am Dec 28, 2022 6:18am
Quoting korosh1350
{quote} hi emmanuel thanks alot, as i understand he usually opened trades not more than 3 or 4 . h4 candles and exit as soon as tdi told to i want to examin this kind of trading and asking questiones to know if i understand correctly

@korosh1350

You will find many setups at Pacific 10PM and 2AM which are not HA candles #1 and #2 but are candles#3,4, 5,6,7, 8, .... etc.

You need to rely more on his 5-Method price action setups.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #137,267
  • Dec 28, 2022 6:22am Dec 28, 2022 6:22am
Quoting sathishkbala
@emmanuel7788, excellent, are you a coder yourself.! do you code your algos. I m trying to do my EA coding, i m not a coder / programmer by profession, so hv limited knowledge on coding. if you r a coder, would you b able to help me out on my EA. Many thanks in advance for your reply.
@sathiskbala

Yes. I do some coding myself but that's just one of my many hobbies.

If you have a strategy which you want to code an EA, then it is better to get a professional coder. There are a few very good coders here in FF.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #137,268
  • Dec 28, 2022 6:26am Dec 28, 2022 6:26am
Quoting emmanuel7788
{quote} @korosh1350 You will find many setups at Pacific 10PM and 2AM which are not HA candles #1 and #2 but are candles#3,4, 5,6,7, 8, .... etc. You need to rely more on his 5-Method price action setups.
really appriciate

i think my pa knowledge donot let me trade 5-Method properly
  • #137,269
  • Dec 28, 2022 6:33am Dec 28, 2022 6:33am
Quoting korosh1350
{quote} really apprjciate i think my pa knowledge donot let me trade 5-Method properly
First, learn just a few basic price action setups as in Post#2 Training chart
I have posted a few others PA setups

Post#2 Price Action
1)
Attached Image (click to enlarge)
Click to Enlarge Name: Big e Post#2 chart.png Size: 60 KB

2)
Attached Image (click to enlarge)
Click to Enlarge Name: Big E post#2 training chart.png Size: 76 KB


3) without the Stoch and TDI, the PA still the same

Attached Image (click to enlarge)
Click to Enlarge Name: Big E post#2 training chart remove TDI Stoch.png Size: 56 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #137,270
  • Dec 29, 2022 5:35am Dec 29, 2022 5:35am
Quoting eelfranz
1st Trading Chart... Note on the TDI showing your entry set ups... green crossing red enter on that new PA candle... {image}
Training chart

Attached Image (click to enlarge)
Click to Enlarge Name: Big E post#2 training chart.png Size: 76 KB


>>>> Note the Price Action and the TDI

then read Post#158 and Post #160

Quoting eelfranz
For New Traders Only... I hope your not burning your eye sockets out trying to read the charts. You need to click on the charts to enlarge them... sometimes up to 3 times for max magnification...
Quoting eelfranz
Unless you mastered this method already... keep the questions or concerns coming. Post your Demo trades too. Continue making Demo trades to build your confidence and study old charts where the TDI gives clean signals... it will pay you in spades... well, pips in our case...
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 candles, be SMART and be specific with what is small and what is big candle.

Three Powerful FOREX Price Patterns >>> { download }

https://www.forexfactory.com/thread/...0#post14233420

These three Forex Price Action will always show a TDI condition for entry.


https://www.forexfactory.com/thread/...6#post14207286

Lots of posts examples ... just use the forum search keyword " Powerful Forex "


Attached Image (click to enlarge)
Click to Enlarge Name: FF Search Powerful Forex.png Size: 40 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #137,271
  • Dec 29, 2022 7:20am Dec 29, 2022 7:20am
Quoting emmanuel7788
{quote} Training chart {image} >>>> Note the Price Action and the TDI then read Post#158 and Post #160 {quote} {quote} 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 candles, be SMART and be specific with what is small and what is big candle. Three Powerful FOREX Price Patterns >>> { download } https://www.forexfactory.com/thread/...0#post14233420...
Hey I'm new to this and I've got some questions. I can see how the strategy will work. Correct me if I'm wrong but if the entries are in 10 pm and 2am pacific and we close all positions at 6 am. It would mean the profit target would be 1 to 2 H4 candles. Does it mean the Risk Reward will be low since the stop loss would also require some significant pips 30-50 pips minimum on H4. So does it make it harder for the price to reach 1x Reward. Does this strategy rely on small wins and then some huge wins at high volume? Are we also holding the news events which would be before 6am pacific and taking advantage of it. Or are we avoiding high impact news due to uncertainty?
  • #137,272
  • Edited 9:23am Dec 29, 2022 8:05am | Edited 9:23am
Quoting DrDave
{quote} By the way, no need for me to invoke Hope&Pray system as Vincent does, because IMT gives me over 95% success rate. Here is a list of the latest 16 trades. You can see that I do not trade every day. The T/P results with green highlight hit the TP. The ones without highlighting were manually closed IN PROFIT before TP reached. Now Vincent has another post to declare PHOTSHOP! LOL. The poor old loser ... {image}
UPDATE the closed trades list.
Here are the latest 26 consecutive trades--all winners. The ones not highlighted in green were manually closed rather than letting the trade run to hit the TP.

Have a merry mental meltdown, Vincent!
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 49 KB
To free Gazans of Hamas, use whatever it takes.
  • #137,273
  • Dec 29, 2022 4:42pm Dec 29, 2022 4:42pm
Quoting emmanuel7788
{quote} First, learn just a few basic price action setups as in Post#2 Training chart I have posted a few others PA setups Post#2 Price Action 1) {image} 2) {image} 3) without the Stoch and TDI, the PA still the same {image} ...
Hi Emmanuel,

Yes, this is a very nice post you shared earlier. I like it very much... and it explains why you can trade w/o TDI on screen. To me, this is what I want to study (first).
THANK YOU!

@ Korosh, I'm not an experienced trader at all, but that post from Emmanuel is worth a deeper look into it, imho.
  • #137,274
  • Jan 1, 2023 12:38pm Jan 1, 2023 12:38pm
Quoting emmanuel7788
{quote} Training chart {image} >>>> Note the Price Action and the TDI then read Post#158 and Post #160 {quote} {quote} 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 candles, be SMART and be specific with what is small and what is big candle. Three Powerful FOREX Price Patterns >>> { download } https://www.forexfactory.com/thread/...0#post14233420...
Well Done emmanuel7788. You really comprehend the TMS. You are a real successor of Big E.
Best of luck & happy trading.
  • #137,275
  • Jan 2, 2023 8:24am Jan 2, 2023 8:24am
I have a question because I am using TradingView
And looking at inputs 12-2 and 4-6 when you zoom in on the graph, the angle changes does anyone have a suitable solution for this?
  • #137,276
  • Jan 2, 2023 8:25am Jan 2, 2023 8:25am
Quoting emmanuel7788
{quote} Training chart {image} >>>> Note the Price Action and the TDI then read Post#158 and Post #160 {quote} {quote} 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 candles, be SMART and be specific with what is small and what is big candle. Three Powerful FOREX Price Patterns >>> { download } https://www.forexfactory.com/thread/...0#post14233420...

hello sir newbie on this threadl..do you look for 4hr setups at london open until new york noon session?
  • #137,277
  • Jan 2, 2023 8:30am Jan 2, 2023 8:30am
1h London and New York
  • #137,278
  • Jan 2, 2023 9:04am Jan 2, 2023 9:04am
Hi, not sure where to post this as I have never posted on this site before. Been trading demo for a while across all major currency pairs (USD, EUR, GBP, CHF, CAD, AUD, NZD) as I feel like I should have a good overview of the market to optimise trade opportunity's. However, I'm also looking for 5 pairs to monitor more closely to practice some techniques on and I don't want to be overwhelmed with too many pairs. Any recommendations on what 5 pairs to trade? Looking for a nice assortment that covers the American, Europe and Asian markets.
  • #137,279
  • Jan 2, 2023 4:55pm Jan 2, 2023 4:55pm
Quoting arcticklein
Hi, not sure where to post this as I have never posted on this site before. Been trading demo for a while across all major currency pairs (USD, EUR, GBP, CHF, CAD, AUD, NZD) as I feel like I should have a good overview of the market to optimise trade opportunity's. However, I'm also looking for 5 pairs to monitor more closely to practice some techniques on and I don't want to be overwhelmed with too many pairs. Any recommendations on what 5 pairs to trade? Looking for a nice assortment that covers the American, Europe and Asian markets.
You can start with these pairs:

AUDUSD
EURUSD
GBPUSD
USDCAD
USDCHF

AUDJPY
EURJPY
USDJPY
GBPJPY

When you have more experience then you can consider the others EUR crosses and GBP crosses.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #137,280
  • Jan 2, 2023 4:58pm Jan 2, 2023 4:58pm
Quoting xj90kimerz
{quote} hello sir newbie on this threadl..do you look for 4hr setups at london open until new york noon session?
I look for 4hr trades starting at the daily Tokyo open at 9am local time till end of day at London close.
This would cover the entire London session and New York open.

I also swing trade the Daily / Weekly at the open of the Sydney/Tokyo open.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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