preparations for trading next week and to start the new trading year 2023
DOW US30
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DOW US30
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #137,302
- Jan 5, 2023 11:36pm Jan 5, 2023 11:36pm
- Joined Nov 2008 | Status: Trader | 50,214 Posts
preparations for trading next week and to start the new trading year 2023 {image} ...
S&P500
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #137,303
- Jan 5, 2023 11:41pm Jan 5, 2023 11:41pm
- Joined Nov 2008 | Status: Trader | 50,214 Posts
Victorezeaku and you smile and manage to make money thanks to a good system?
Trading Made Simple is Too easy ... said the OP ...
so where are all the $$$millionaires following TDI?
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #137,304
- Jan 5, 2023 11:59pm Jan 5, 2023 11:59pm
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
Are you still confused Vincent????
- TDI is not in the winning edge equation.
(
Must have been drinking to much eggnog)
You typed this also
- TDI as your helping indicator for such trades.
- You can consider DM' Fast TDI setting
- use that TDI Red Green version. These are in Post#25.
- TDI is not in the winning edge equation.
(
Must have been drinking to much eggnog)You typed this also
- TDI as your helping indicator for such trades.
- You can consider DM' Fast TDI setting
- use that TDI Red Green version. These are in Post#25.
- #137,305
- Jan 6, 2023 12:05am Jan 6, 2023 12:05am
- Joined Nov 2008 | Status: Trader | 50,214 Posts
XAUUSD Jan06 Weekly
- surprise move this week when market liquidity still rather low
- we shall see how this week' Weekly candle will close and we shall plan for next week's Swing Trading with TMS EVO 2023/4/5
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- surprise move this week when market liquidity still rather low
- we shall see how this week' Weekly candle will close and we shall plan for next week's Swing Trading with TMS EVO 2023/4/5
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #137,306
- Jan 6, 2023 12:13am Jan 6, 2023 12:13am
- Joined Nov 2008 | Status: Trader | 50,214 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #137,307
- Jan 6, 2023 12:24am Jan 6, 2023 12:24am
- Joined Nov 2008 | Status: Trader | 50,214 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #137,308
- Jan 6, 2023 12:49am Jan 6, 2023 12:49am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
- #137,309
- Jan 6, 2023 3:43am Jan 6, 2023 3:43am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
- #137,311
- Jan 6, 2023 5:56am Jan 6, 2023 5:56am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
{quote} hi tekkies very strong system no doubt . but even with system and withought price action knowlege very hard or even impossible to profit in long run
Angle of TDI green (12/2 > trade, 2/4 > no trade, 4/6 trade) is the key to this method with Stoch confirming the direction.
BigE switched his computer on/off so he looked at a refreshed chart every time he checked the charts. So refresh the charts before you start with post#647.
Make your own checklist Post 84,947 to help you trade.
Price Action you mean this Post 126,715.
Don't be a bonehead like me and argue with what the chart's / TDI / Stoch is showing you.Follow TDI and you will do good by yourself.
- #137,312
- Jan 6, 2023 6:23am Jan 6, 2023 6:23am
- Joined Nov 2008 | Status: Trader | 50,214 Posts
{quote} hi tekkies very strong system no doubt . but even with system and withought price action knowlege very hard or even impossible to profit in long run
you are correct... without price action knowledge it is impossible to make money. You need to be intermediate + level trader.read Big E' Post#3805
don't bother with these rubbish posted above by sompone who lost money since 2015.
"Angle of TDI green (12/2 > trade, 2/4 > no trade, 4/6 trade) is the key to this method with Stoch confirming the direction.
BigE switched his computer on/off so he looked at a refreshed chart every time he checked the charts. So refresh the charts before you start with post#647."
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #137,314
- Jan 6, 2023 9:08am Jan 6, 2023 9:08am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
- #137,315
- Jan 6, 2023 12:33pm Jan 6, 2023 12:33pm
- Joined Nov 2008 | Status: Trader | 50,214 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #137,316
- Jan 6, 2023 12:35pm Jan 6, 2023 12:35pm
- Joined Nov 2008 | Status: Trader | 50,214 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #137,317
- Jan 6, 2023 1:44pm Jan 6, 2023 1:44pm
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
It takes me 15 seconds to strip a chart down to nothing including the TDI & Stoch's.
Last chart posted have these indicators:
1. EMA
2. EMA
3. APB candle
4. ATR
5. Timer
What a joke. Nothing means nothing. No indicators whatsoever.
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By the way, there is a error in Post 137,316
> Always check the #1- Price Action first, then #2- TDI Post#3142
(Wonder why Vincent even bother to mention TDI, after all according to him TDI is not in the winning edge equation).
That is from the Craig Harris Stochastics Method
In Post 137,308 > We switched from there to only discuss this method in the new forum...
That means > discuss what is posted in this thread "Trading Made Simple".
#270........
I look to the TDI... then PA. If I'm not feeling strong about a current in progress trade... get out then and keep the pips... you don't have to wait for the next candle to
exit. Grab your money and run to a new trade...
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As to Post 2,617 without TDI and Stoch on the chart's all of BigE's posts in this thread become meaningless.
Possible reason why BigE wrote " strip a chart down to nothing including the TDI & Stoch's" is that he study for 2 years TDI crossover at the candle patterns preceding those TDI signals.
However he also posted this:
The key to this method is the Traders Dynamic Index indicator for entries and exits.
We Enter a trade when green crosses red on the TDI at the beginning of that candle
Exit your trade when the green TDI line goes flat, starts to hook over or makes a check mark reversal.
The TDI is the heart of our method.
Last chart posted have these indicators:
1. EMA
2. EMA
3. APB candle
4. ATR
5. Timer
What a joke. Nothing means nothing. No indicators whatsoever.----------
By the way, there is a error in Post 137,316
> Always check the #1- Price Action first, then #2- TDI Post#3142
(Wonder why Vincent even bother to mention TDI, after all according to him TDI is not in the winning edge equation).
That is from the Craig Harris Stochastics Method
In Post 137,308 > We switched from there to only discuss this method in the new forum...
That means > discuss what is posted in this thread "Trading Made Simple".
#270........
I look to the TDI... then PA. If I'm not feeling strong about a current in progress trade... get out then and keep the pips... you don't have to wait for the next candle to
exit. Grab your money and run to a new trade...
--------
As to Post 2,617 without TDI and Stoch on the chart's all of BigE's posts in this thread become meaningless.
Possible reason why BigE wrote " strip a chart down to nothing including the TDI & Stoch's" is that he study for 2 years TDI crossover at the candle patterns preceding those TDI signals.
However he also posted this:
The key to this method is the Traders Dynamic Index indicator for entries and exits.
We Enter a trade when green crosses red on the TDI at the beginning of that candle
Exit your trade when the green TDI line goes flat, starts to hook over or makes a check mark reversal.
The TDI is the heart of our method.
- #137,318
- Jan 6, 2023 1:59pm Jan 6, 2023 1:59pm
- Joined Nov 2008 | Status: Trader | 50,214 Posts
// 2scoops asked me a long time ago what would be the most beneficial to learning this method for higher success... The answer was simple... study old charts for set ups... now strip down everything on that chart at that point... trends, angles, S/R levels, News times, Stoch angle within the 20-80 lines..etc. Burn it into your memory... I spent 2 years doing that.... so what does that mean? It takes me 15 seconds to strip a chart down to nothing including the TDI & Stoch's. Taking clean trades is a breeze for me... why? Read above......
"It takes me 15 seconds to strip a chart down to nothing including the TDI & Stoch's. Taking clean trades is a breeze for me... why?"
But someone will not understand this because he still thinks the TDI is his Holy Grail despite losing money every year since 2016 ...
Start with Post#2 Training chart
1) TDI for entries
2) Study Price Action on that old chart
3) Now 'strip' the Stoch and TDI #2617
>>>>> follow the simple entry & exit rules. Forget other indicators.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #137,319
- Jan 6, 2023 2:05pm Jan 6, 2023 2:05pm
- Joined Nov 2008 | Status: Trader | 50,214 Posts
{quote} S&P500 {image}
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> price action nice reaction bounce from BRN 3800
> also bottom of that Daily candle consolidation range
M5 trading
> simple 5-method without Stoch and TDI when you make that transition to trade the 4hr
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #137,320
- Jan 6, 2023 2:13pm Jan 6, 2023 2:13pm
- Joined Nov 2008 | Status: Trader | 50,214 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett