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  • Post #137,861
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  • Feb 7, 2023 2:27pm Feb 7, 2023 2:27pm
  •  tommydoginti
  • Joined Oct 2020 | Status: Member | 2,779 Posts
Quoting tommydoginti
Disliked
{quote} Yes. TDI cross and bounce are timing signals for trading. The candle #1/2 is to avoid slow price movement (ie weak rejection from previous high/low), a very good visual aid given its way to be calculated and drawn. Remember to use basic price actions as of #647 to determine the direction of trade. TMS is not blinding trading every TDI signals. trade well {image}
Ignored
Very good day trading.

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  • Post #137,862
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  • Feb 7, 2023 2:31pm Feb 7, 2023 2:31pm
  •  tommydoginti
  • Joined Oct 2020 | Status: Member | 2,779 Posts
Quoting tommydoginti
Disliked
{quote} Very good day trading. {image} {image}
Ignored
First overnight position

BigE's #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 small...

Look at the candles on the last reversal... big, little, what

Price retested previous low (strong price level), rejected (fail to break) and TDI crossed up

Buy.

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  • Post #137,863
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  • Feb 7, 2023 2:46pm Feb 7, 2023 2:46pm
  •  mateusz2351
  • | Joined Dec 2022 | Status: Member | 70 Posts
I have a question because I found an old chart in the posts Where if you played in accordance with TDI you would lose money can someone take a look and tell me what to do in this case?
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  • Post #137,864
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  • Feb 7, 2023 5:28pm Feb 7, 2023 5:28pm
  •  emmanuel7788
  • Joined Nov 2008 | Status: Member | 40,209 Posts
Quoting mateusz2351
Disliked
I have a question because I found an old chart in the posts Where if you played in accordance with TDI you would lose money can someone take a look and tell me what to do in this case? {image}
Ignored
trading the TDI blindly without knowing the big picture of the market and the market type conditions, you lose more than you win

according to the OP most traders lose trading the smaller timeframes M15

you need to good AEP!

Example GU Feb08 2023

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
 
 
  • Post #137,865
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  • Feb 7, 2023 5:35pm Feb 7, 2023 5:35pm
  •  emmanuel7788
  • Joined Nov 2008 | Status: Member | 40,209 Posts
Quoting korosh1350
Disliked
{quote} hi emmanuel i recently use jusr rsi instead of tdi and use price action and ha and mv5 for entry
Ignored
good when you can trade using the RSI and make money consistently

no indicator will not give you any edge over the market

you need your winning edge

you need to have your mental edge

my mental edge is different from your mental edge
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
 
1
  • Post #137,866
  • Quote
  • Feb 7, 2023 6:46pm Feb 7, 2023 6:46pm
  •  Finndis
  • | Joined Dec 2021 | Status: Member | 44 Posts
Hey guys, i took this trade on GOLD a couple of hours ago, what do you guys think?
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  • Post #137,867
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  • Feb 7, 2023 7:23pm Feb 7, 2023 7:23pm
  •  havenoidea
  • | Joined Apr 2020 | Status: Member | 432 Posts
Quoting Finndis
Disliked
Hey guys, i took this trade on GOLD a couple of hours ago, what do you guys think? {image}
Ignored
no trade
 
 
  • Post #137,868
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  • Feb 7, 2023 8:50pm Feb 7, 2023 8:50pm
  •  emmanuel7788
  • Joined Nov 2008 | Status: Member | 40,209 Posts
Quoting Finndis
Disliked
Hey guys, i took this trade on GOLD a couple of hours ago, what do you guys think? {image}
Ignored
follow your trade plan and manage your trade exits

my trade idea for this week' swing trading

I am watching Monday and Tuesday Day highs and see if anything for a setup to catch the correction of last Week' big candle
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
 
 
  • Post #137,869
  • Quote
  • Feb 7, 2023 9:06pm Feb 7, 2023 9:06pm
  •  cooldev
  • | Joined Apr 2011 | Status: Member | 33 Posts
many questions ive got on my pm
does the big e's system still worth nowdays ?

the answer is absolutely yes !!!
im still using it until now

follow the rules from big E, combined it with your own style and condition ...
it cant be 'never loss' trade...but its always beautiful profit .
as always big E' says : make it simple (as simple as you can ~for sure~)

happy trade , and keep it low
 
2
  • Post #137,870
  • Quote
  • Feb 7, 2023 9:35pm Feb 7, 2023 9:35pm
  •  emmanuel7788
  • Joined Nov 2008 | Status: Member | 40,209 Posts
Quoting cooldev
Disliked
many questions ive got on my pm does the big e's system still worth nowdays ? the answer is absolutely yes !!! im still using it until now follow the rules from big E, combined it with your own style and condition ... it cant be 'never loss' trade...but its always beautiful profit . as always big E' says : make it simple (as simple as you can ~for sure~) happy trade , and keep it low
Ignored


YES! Big E' 5-Method has worked for me and will continue to work for many years to come.

> Learn the method, master the method ... #160
> Practice, practice, practice. ... #296
> Develop your own winning systems that fits YOU ...#296 based on Big E' 5-Method, different systems for different Market Types,
> Trade Yourself to Financial Freedom ... your first target
> Grow Wealth ... 2023 and beyond

Live Blissful Life,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
 
 
  • Post #137,871
  • Quote
  • Feb 8, 2023 1:30am Feb 8, 2023 1:30am
  •  Tekkies
  • Joined Nov 2015 | Status: Member' sanity currently on AWOL | 8,120 Posts
Rules are simple, follow it.
=== When TDI give a signal
> Refresh chart.
> Did TDI green cross red (green bounce red)
> TDI green angle above / below 2 / 4
> Is Stoch confirm TDI green direction
> Candle 1 or 2
===Use post#647 to confirm TDI signal
Place a trade or find a better TDI signal
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  • Post #137,872
  • Quote
  • Feb 8, 2023 1:55am Feb 8, 2023 1:55am
  •  Tekkies
  • Joined Nov 2015 | Status: Member' sanity currently on AWOL | 8,120 Posts
Quoting mateusz2351
Disliked
I have a question because I found an old chart in the posts Where if you played in accordance with TDI you would lose money can someone take a look and tell me what to do in this case? {image}
Ignored
Why would you lose money when you follow the rules?
> Looking at chart posted.
Post#6.... We Enter a trade when green crosses red on the TDI at the beginning of that candle... If it's candle 3 or more don't enter... find another trade set up.
H4 Chart does not show how old is that open red bar (5 min, 1, 2, 3, hour old?), > Beginning of that candle
Is that red bar about to close (end of H4 time?) > If it's candle 3 or more don't enter.
>> In short your sell trade would be late or risky.
-----
Wrong with that chart.
Not using post#25 TDI
No Stoch to confirm TDI green direction
Post#647.... Price action show sell trade can be against a resistance level so be carefull.
1
 
  • Post #137,873
  • Quote
  • Feb 8, 2023 2:01am Feb 8, 2023 2:01am
  •  emmanuel7788
  • Joined Nov 2008 | Status: Member | 40,209 Posts
Quoting Tekkies
Disliked
Rules are simple, follow it. === When TDI give a signal > Refresh chart. > Did TDI green cross red (green bounce red) > TDI green angle above / below 2 / 4 > Is Stoch confirm TDI green direction > Candle 1 or 2 ===Use post#647 to confirm TDI signal Place a trade or find a better TDI signal {image}
Ignored
Big E' rules are simple and also easy to follow. When you do not follow his rules as he laid out in Post#261, you will lose more than you will win.

Post#261
===========================================================================================
Don't contact Dean Malone about the TDI. The way he uses it for his method is 180 degrees from how we use it... you need to learn how to use it our way...

The TDI is the heart of our method. It tells you when to enter and where to exit any trades... so review previous posts and learn it good.

HA Candles are important because it makes your trading way less stressful... use them.

Stoch's is nothing but confirmation. If Stoch's & the TDI give different signals... lights flash off and on warning me to take a closer look before entering.. and usually I look for another trade.

5 ema... shows direction currently... only wanting to enter on candle 1 or two. If there is a reversal do I have a TDI signal to enter... if not and all looks strong then enter on candle 2... use some discretion... practice on Demo... take some chances and see if yor head computer was right... it's free.

HA Candles... What are their size? If they are small I will usually go find another set up... Look for consolidation... look for how close PA is to supp/res levels... use your brain !

Believe it or not you have to participate and think... until it's so second nature... there is nothing to it... it's so simple... don't complicate it or you will lose...
==========================================================================================
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
 
 
  • Post #137,874
  • Quote
  • Feb 8, 2023 2:13am Feb 8, 2023 2:13am
  •  emmanuel7788
  • Joined Nov 2008 | Status: Member | 40,209 Posts
Quoting Tekkies
Disliked
{quote} Why would you lose money when you follow the rules? > Looking at chart posted. Post#6.... We Enter a trade when green crosses red on the TDI at the beginning of that candle... If it's candle 3 or more don't enter... find another trade set up. H4 Chart does not show how old is that open red bar (5 min, 1, 2, 3, hour old?), > Beginning of that candle Is that red bar about to close (end of H4 time?) > If it's candle 3 or more don't enter. >> In short your sell trade would be late or risky. ----- Wrong with that chart. Not using post#25...
Ignored
"Why would you lose money when you follow the rules?"

@Tekkies asked a valid question:

There are many reasons you will lose money when you follow the rules.

You will learn from your own experience why you lose money.

One of the reason which I learned after more than 12 years here is that Big E TMS 5-Method according to his rules will not work in one particular . It will work well in two other Market Type #1 and #2.

Another reason is most traders lose money when they do not understand Post#281 and adapt to trading the 4hr. They rigidly think that trading the 4hr is to trade the H4 chart timeframe.

Another reason why TMS traders lose money is they do not have enough market knowledge and experience which they OP Big E had forewarned in his old thread. If you are a newbie will most likely lose money. You need to be at intermediate+ level trader.

How many reasons do you know why you lose money?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
 
 
  • Post #137,875
  • Quote
  • Feb 8, 2023 2:52am Feb 8, 2023 2:52am
  •  emmanuel7788
  • Joined Nov 2008 | Status: Member | 40,209 Posts
Quoting Tekkies
Disliked
{quote} Why would you lose money when you follow the rules? > Looking at chart posted. Post#6.... We Enter a trade when green crosses red on the TDI at the beginning of that candle... If it's candle 3 or more don't enter... find another trade set up. H4 Chart does not show how old is that open red bar (5 min, 1, 2, 3, hour old?), > Beginning of that candle Is that red bar about to close (end of H4 time?) > If it's candle 3 or more don't enter. >> In short your sell trade would be late or risky. ----- Wrong with that chart. Not using post#25 TDI...
Ignored

@Tekkies


When you do post-mortem of that very old chart, you must remember that Big E would refer to Post#261 immediately.

You missed many things seen on that very old chart.

1) TMSTDI Watchdog has two modes of operations. The first mode is it will work as the TDI in Post#25.

2) Study the Price Action and also apply Post#647 'basic 4x stuff'.

3) There are market events which you do not see on that chart. You need to know what happened in Jan that year.

4) You need to have a Big Picture of the pair.

5) Did that member have a trade plan ? What was the outcome if he had taken a sell trade?

....

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
 
1
  • Post #137,876
  • Quote
  • Feb 8, 2023 4:32am Feb 8, 2023 4:32am
  •  Finndis
  • | Joined Dec 2021 | Status: Member | 44 Posts
.
 
 
  • Post #137,877
  • Quote
  • Feb 8, 2023 4:42am Feb 8, 2023 4:42am
  •  Finndis
  • | Joined Dec 2021 | Status: Member | 44 Posts
Just closed my long position on gold and secured my profits, i will possibly buy back again at lower price when it retests
 
 
  • Post #137,878
  • Quote
  • Feb 8, 2023 4:46am Feb 8, 2023 4:46am
  •  Finndis
  • | Joined Dec 2021 | Status: Member | 44 Posts
Guys you think usd/jpy will launch or just fall further down?
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  • Post #137,879
  • Quote
  • Feb 8, 2023 6:07am Feb 8, 2023 6:07am
  •  emmanuel7788
  • Joined Nov 2008 | Status: Member | 40,209 Posts
Quoting Finndis
Disliked
Guys you think usd/jpy will launch or just fall further down? {image}
Ignored
after the weekend Gap up and what Kuroda said this week, looks like it will fall further

I am holding sell positions protected at AEP 131.40 and see if the Weekly APB/HA will changes colour

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
 
1
  • Post #137,880
  • Quote
  • Feb 8, 2023 6:53am Feb 8, 2023 6:53am
  •  emmanuel7788
  • Joined Nov 2008 | Status: Member | 40,209 Posts
Quoting emmanuel7788
Disliked
{quote} after the weekend Gap up and what Kuroda said this week, looks like it will fall further I am holding sell positions protected at AEP 131.40 and see if the Weekly APB/HA will changes colour {image} ...
Ignored
UJ Feb08

- add sell when break H4 consolidation

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