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Trading Made Simple

  • #137,581
  • Jan 17, 2023 4:51pm Jan 17, 2023 4:51pm
Quoting Tekkies
{quote} Of course it will go now to profit. Have you noticed that TDI green has crossed red on both chart to the upside as well? > Post 137,548 TDI crossed down and made profit, now some more profit on this crossover. trade knowledge> That is the Forex basic stuff BigE referred to in some of his posts like Post#647, #701, #2556. {image} Say again Korosh. Follow BigE's advice how to trade with TDI and you will do good by yourself.
LOL @Tekkies

You obviously do not understand those posts #647 #701, #2556 and learned nothing from Big E' posts. #463LIMITATIONS#

The trading made simple setups were Nov 06,2022 , Dec 01, 2022 and Jan 06,2023.

You are still sleeping and in your dream has turned into nightmare.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #137,582
  • Jan 17, 2023 4:53pm Jan 17, 2023 4:53pm
Quoting korosh1350
{quote} dear tekkis you see both trades goes to profit . i really dont think tms withouth trade knowledge make profit but its really a grear help for bigginers
YES!

Both trades have taken some profits on Monday and Tuesday and have open positions running.

Will post the Trade Report later.

@Tekkies is still the laggard when he does not understand my posts and charts.


https://www.forexfactory.com/thread/...8#post14289158

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https://www.forexfactory.com/thread/...3#post14289173

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #137,583
  • Jan 17, 2023 5:08pm Jan 17, 2023 5:08pm
Quoting Tekkies
{quote} How about this Post 76,156? When was the last time you used Post#6 with Post#647? Please don't post that the thread has evolved into what you are posting now. If it did, BigE would have closed this thread like he did with the Craig Harris Stochastics Method.
"When was the last time you used Post#6 with Post#647?"


Good question @Tekkies asked.

One the last time was in Jun 13, 2015 ...

https://www.forexfactory.com/thread/...59#post8324659

It's my journey transition from Big E' TMS to TMS MEME 2015-2017.


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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #137,584
  • Jan 17, 2023 5:15pm Jan 17, 2023 5:15pm
Quoting arcticklein
{quote} Thanks for the response, been looking for some related reading material. Came across Trading For a Living a couple of times seems interesting, I will order a copy.
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That's one of many books I read the last 50 years.

I love to read investment and trading books. To succeed in your trading journey you need more than just follow Big E' posts in this thread. That's #463LIMITAION# that is root cause of most nightmare here.

This next one is also good.

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #137,585
  • Jan 18, 2023 6:37am Jan 18, 2023 6:37am
Quoting korosh1350
{quote}{quote} hi emmanuel i just want to thanks because of your responsibility it helps me and other traders alot i wish you luck
here those two trades Gu buy and AU buy trades closed together with EU buy this week.

https://www.forexfactory.com/thread/...8#post14289158

Attached Image (click to enlarge)
Click to Enlarge Name: AU Jan16 TMS EVO entry 16-1-2023 9-02-24 am.png Size: 26 KB


https://www.forexfactory.com/thread/...3#post14289173

Attached Image (click to enlarge)
Click to Enlarge Name: GU Jan16 TMS EVO preview 16-1-2023 9-37-22 am.png Size: 21 KB


below Trade Report Jan 16 to Jan 18 trades closed.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #137,586
  • Jan 18, 2023 7:18am Jan 18, 2023 7:18am
My GBPUSD on daily still going. Will watch it closely in 15 minutes for CPI data and reaction. its in nice profit, partial taken a while back already.
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  • #137,587
  • Jan 18, 2023 7:52am Jan 18, 2023 7:52am
just a simple trade, initially I plan to scalp this pair but decided to go for bigger pips when I was called out. Took a portion with the mobile and the remainder went to my target and beyond
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the cautious seldom err....C
  • #137,588
  • Edited 11:36am Jan 18, 2023 8:11am | Edited 11:36am
just taken
EDit: ate the stop
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the cautious seldom err....C
  • #137,589
  • Edited 3:19pm Jan 18, 2023 11:40am | Edited 3:19pm
I have this pair going with a +ve stop of 30 for the remainder. It was the beeb that caught my eye
Edit: trade manually closed
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the cautious seldom err....C
  • #137,590
  • Jan 18, 2023 6:15pm Jan 18, 2023 6:15pm
A short AUDJPY I entered last night. you can also see another trade i entered on the same chart few days ago that i got stopped out as i didnt manage it on a short signal on TDI.
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  • #137,591
  • Jan 18, 2023 6:25pm Jan 18, 2023 6:25pm
There has been a nice run up on Nasdaq on H4, but it could be finished now. Stochastic is printing divergence, Price action started to push lower after the last night PPI data.

Daily chart could be printing a TDI sell signal, with stochastic already turning after a shooting star printed on yesterdays candle.

Maybe a bit late for H4 signal, what do you guys think?
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  • #137,592
  • Jan 18, 2023 6:35pm Jan 18, 2023 6:35pm
Quoting tassiebear
A short AUDJPY I entered last night. you can also see another trade i entered on the same chart few days ago that i got stopped out as i didnt manage it on a short signal on TDI. {image}
Interesting you trade it short on H1 making profits while im on the same pair but long, also making profit. it really shows how traing is very different for everyone and how tight risk management is very important.
  • #137,593
  • Edited Jan 19, 2023 1:29am Jan 18, 2023 7:29pm | Edited Jan 19, 2023 1:29am
I closed this trade for a small loss. Last night it was looking really great and pushing past last high on the chart, so I got a bit cocky and didnt take partial profit and moved stop to BE. I paid for it this morning. Live and learn i guess. If i'd stick to my plan I would turn this losing trade in profitable one. According to my backtest best results are when i take partial profits on 1 R:R or 1.25.
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  • #137,594
  • Jan 18, 2023 10:00pm Jan 18, 2023 10:00pm
A question for the masters of this thread:
USDCAD on daily and H4 attached. Looking at the daily TF i can see there is 3rd bullish candle printing and TDI is bullish. PA looks like support at 1.335 area is holding. overall trend is up on daily as well.
Now checking H4 chart i can see the trade signal was overnight for me and i missed the trade, however price action looks bullish, TDI is in a nice slope and price is still where it was when it signaled entry. Would we still enter this position or not?
Im thinking of this situation from more general approach - if I miss a really good looking signal - can I or should I enter limit buy / Limit sell at the price where it signaled or would we just pass on the trade?
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  • #137,595
  • Jan 18, 2023 10:45pm Jan 18, 2023 10:45pm
Quoting tassiebear
A short AUDJPY I entered last night. you can also see another trade i entered on the same chart few days ago that i got stopped out as i didnt manage it on a short signal on TDI. {image}

Partial TP taken, stop moved to BE.
  • #137,596
  • Jan 19, 2023 8:06am Jan 19, 2023 8:06am
Another setup:
AUDNZD H4 long signal
it lines up with daily correction of 0.382 fib. lets see how we go....
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  • #137,597
  • Jan 19, 2023 11:05am Jan 19, 2023 11:05am
Quoting tassiebear
A question for the masters of this thread: USDCAD on daily and H4 attached. Looking at the daily TF i can see there is 3rd bullish candle printing and TDI is bullish. PA looks like support at 1.335 area is holding. overall trend is up on daily as well. Now checking H4 chart i can see the trade signal was overnight for me and i missed the trade, however price action looks bullish, TDI is in a nice slope and price is still where it was when it signaled entry. Would we still enter this position or not? Im thinking of this situation from more general...
12 hours late therefore hindsight trading.
Make up your mind which timeframe you want to trade / prefer to trade.

Here you have two conflicting TDI.
D1 is at TDI level 32 wanting to go up (maybe not) (chart text say 3de candle)
H4 is at TDI level 68 where it can stay / go up some more or start to go down. Also the chart is showing that if you place a trade it will be on candle 3 (not sure)

> BigE clearly stated not to consider trades on candle 3.
> From post##121... You took the trade close to the TDI 32 line which is about the bottom. However I've seen trades taken short on the 32 line go 100 pips profit... Just be aware how close you are to the 68 & 32 line and pay close attention.
.Post#270..... The 32,50 & 68 lines are original. When you get to 68 start looking for a reversal sign on the TDI...
However it could still be 50-100 pips away occasionally... just pay attention to the green line for a possible exit signal... the 32 line is the opposite.
Post#338.... I love taking short trades off the 68 line or just below and long trades long off the 32 line area...
  • #137,598
  • Jan 19, 2023 12:27pm Jan 19, 2023 12:27pm
Quoting Tekkies
{quote} 12 hours late therefore hindsight trading. Make up your mind which timeframe you want to trade / prefer to trade. Here you have two conflicting TDI. D1 is at TDI level 32 wanting to go up (maybe not) (chart text say 3de candle) H4 is at TDI level 68 where it can stay / go up some more or start to go down. Also the chart is showing that if you place a trade it will be on candle 3 (not sure) > BigE clearly stated not to consider trades on candle 3. > From post##121... You took the trade close to the TDI 32 line which is about the bottom. However...
Wisdom of Master Po

Inserted Video
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #137,599
  • Jan 19, 2023 12:36pm Jan 19, 2023 12:36pm
Quoting Tekkies
{quote} 12 hours late therefore hindsight trading. Make up your mind which timeframe you want to trade / prefer to trade. Here you have two conflicting TDI. D1 is at TDI level 32 wanting to go up (maybe not) (chart text say 3de candle) H4 is at TDI level 68 where it can stay / go up some more or start to go down. Also the chart is showing that if you place a trade it will be on candle 3 (not sure) > BigE clearly stated not to consider trades on candle 3. > From post##121... You took the trade close to the TDI 32 line which...

Quoting tassiebear
A question for the masters of this thread: ////
hey @Tekkies ... @tasssiebear wrote : " ....masters of this thread"

and you also missed reading Big E' Post#351 ... you can enter on candle #3

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Big E was a rules-based discretionary trader and according to Dr.Van K Tharp this type of trader are the best traders.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #137,600
  • Jan 19, 2023 12:51pm Jan 19, 2023 12:51pm
Quoting Tekkies
{quote} 12 hours late therefore hindsight trading. Make up your mind which timeframe you want to trade / prefer to trade. Here you have two conflicting TDI. D1 is at TDI level 32 wanting to go up (maybe not) (chart text say 3de candle) H4 is at TDI level 68 where it can stay / go up some more or start to go down. Also the chart is showing that if you place a trade it will be on candle 3 (not sure) > BigE clearly stated not to consider trades on candle 3. > From post##121... You took the trade close to the TDI 32 line which is about the bottom. However...
@Tekkies

You do not have a big picture of USDCAD. There is a historical key level 1.35176 which was tested this week and price is pulling back.
Always manage trade risks when near historical price levels, these are support and resistance.

USDCAD Weekly Big Picture

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H4 test 1.35176 2019.05.01

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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