Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #138,142
- Feb 22, 2023 2:44pm Feb 22, 2023 2:44pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
Might be out of topic, but can we use this method to trade Crypto? Any modification on the TDI or which candle time is preferred? Thankyou
Good questions
see this post > #136,904
You have a trading method here > https://www.cryptocraft.com/thread/7...chart-3-candle
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #138,143
- Feb 22, 2023 2:51pm Feb 22, 2023 2:51pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
{quote} Hi Vincent you should try to trade with BigE's advice how to use TDI with post#647. {image}
did your 'wife' give you money to top up your HFM account yet?
or is this another ZAR Demo account?
When will you resume Live trading and recover your 2022 1176 trades losses?
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #138,144
- Feb 22, 2023 3:01pm Feb 22, 2023 3:01pm
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
{quote} hey @Tekkies did your 'wife' give you money to top up your HFM account yet? or is this another ZAR Demo account? When will you resume Live trading and recover your 2022 1176 trades losses? {image} ...
Vincent post fact's, not assumptions
- #138,148
- Feb 22, 2023 4:57pm Feb 22, 2023 4:57pm
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
See the red color in the entrance and the white color output I marked the yellow color what I mean A lot of people later asked him why he did not close the position of the second before Later he referred to the chart that he would grow and wait until he did not cross the cherry with green because he tested But the question is why in the first from the left he did not do so since he thought so and was blamed how he suited him I think that when I read it all that he drew everything on back charts because he never put in the live chart {image}
That post is only showing where BigE himself would have placed trades.
-----
he drew everything on back charts because he never put in the live chart
He is not the only one. Many before him and many after him is doing just that.
{quote} Read what the post is saying: Post 10,736 E-U Entry training Chart - Examples That post is only showing where BigE himself would have placed trades. ----- he drew everything on back charts because he never put in the live chart
but the point here is that what he says does not agree with what he marks, he often gets lost read later how he explained to people how he described this chart and see what I marked, it makes no sense what he said with what he played
https://www.forexfactory.com/thread/...45#post4917745
- #138,150
- Feb 22, 2023 6:24pm Feb 22, 2023 6:24pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
{quote} Read what the post is saying: Post 10,736 E-U Entry training Chart - Examples That post is only showing where BigE himself would have placed trades. ----- he drew everything on back charts because he never put in the live chart
But, when you zoom in and study carefully the Price Action and you will learn something for example what the price is doing and how the TDI lag the Price Action .
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #138,151
- Feb 22, 2023 6:29pm Feb 22, 2023 6:29pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
{quote}
the fact is your loss is more than 4 times your win ... your TMS M15 system Expectancy is negative
therefore your HFM account suffered another Margin Call after your 'wife' gave you money to top-up that account.
before that 1176 trades losses, you had another Margin Call after 387 trades losses.
You still have not recovered from that Margin Call.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #138,152
- Edited 6:47pm Feb 22, 2023 6:36pm | Edited 6:47pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
See the red color in the entrance and the white color output I marked the yellow color what I mean A lot of people later asked him why he did not close the position of the second before Later he referred to the chart that he would grow and wait until he did not cross the cherry with green because he tested But the question is why in the first from the left he did not do so since he thought so and was blamed how he suited him I think that when I read it all that he drew everything on back charts because he never put in the live chart {image}
that is okay for the OP to show those trade examples on old charts.
I learn EVERYTHING including all Big E' paper trading charts too.
What is more important is how we trade in real-time live market conditions and learn from our own experience.
I have been trading here since 2012 and I know what the hard truth is when we follow his posts.
Paper trading and Demo trading is not the same unlike when we are trading with real hard-earned money.
Big E has been correct that we should make the transition to trade the 4hr and the Daily. He knows trading the TDI crosses in all those timeframes H1, M15, M5 etc... are all losers in the long run. He has 15+ years trading experience. Do Not believe anyone here with 3 to 5 years trading only.
You will learn that too from your own experience.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #138,153
- Feb 22, 2023 7:01pm Feb 22, 2023 7:01pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
Hello I have a question because I read further trading made simple and I start to refer to that Big E was not a profitable trader at all because once he spoke something different later they asked about the various claims he did not answer sometimes when it was about no entry and going to the position For example, see here he put a training chart where there is a lot of right or does not understand someone can explain to me why he enters and goes out whenever he wants? {image}
you need to zoom in those old charts and learn if he knows what the market type conditions when he was paper trading.
if we trade blindly following the TDI signals without knowing the market type conditions and we will end up with more losses than winners.
Trading the 4hr can mean different thing to different people.
You can 'scalp' every 4 hours not following the Daily and Weekly, or
you trade only the 4hr following the Daily and Weekly.
we want to have a winning system with Positive EXPECTANCY.
- when you lose, you lose maximum 1R ... never more than 1R.
- when you win, you must win more that 2R
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #138,154
- Feb 22, 2023 7:21pm Feb 22, 2023 7:21pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
{quote} but the point here is that what he says does not agree with what he marks, he often gets lost read later how he explained to people how he described this chart and see what I marked, it makes no sense what he said with what he played https://www.forexfactory.com/thread/...45#post4917745
Yes. You are correct. There were some confusion in his posts when what he wrote and what in on the charts are not consistent and somewhat misleading.
He did not consider many other aspects of real-time live trading and he focus his training charts on technical setup he sees on his old charts. He looked at winners on old charts and left out all other factors the traders face when trading with real hard-earned money.
It is different when he treated his $10,000 as Las Vegas {here} money for relaxation and entertainment.
You look at this below and you will know what I mean.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #138,155
- Feb 22, 2023 7:27pm Feb 22, 2023 7:27pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
{quote} @Tekkies Most probably get ban for this post. I see that you traded XAU/USD and suffered the most. Best not to trade XAU/USD Trading XAU/USD and majors/minors is different strategy. You cant use the same indicators like TDI on it. I did like to offer you my advice on trading this instrument. Through backtest and forward test I come up with this. Somehow TDI and the usual way of trading currency is different. Assume uptrend on gold. Strictly trade uptrend TF H4 H1 for Stop orders M15 M5 for monitoring Gold tends to break out after a range...
its going to be good.
Stay Tuned!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #138,156
- Feb 22, 2023 7:39pm Feb 22, 2023 7:39pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
See the red color in the entrance and the white color output I marked the yellow color what I mean A lot of people later asked him why he did not close the position of the second before Later he referred to the chart that he would grow and wait until he did not cross the cherry with green because he tested But the question is why in the first from the left he did not do so since he thought so and was blamed how he suited him I think that when I read it all that he drew everything on back charts because he never put in the live chart {image}
You can start with trading only this particular setup.
When you completed 1,000 trades with this setup you would have gain a lot of experience.
Then I will post the next setups which I commonly look for and trade.
True REVERSAL setup on H1 and H4.
> this is a 5bars swing high / swing low reversal setup
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #138,157
- Feb 22, 2023 11:46pm Feb 22, 2023 11:46pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
{quote}
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #138,158
- Feb 22, 2023 11:58pm Feb 22, 2023 11:58pm
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
{quote} but the point here is that what he says does not agree with what he marks, he often gets lost read later how he explained to people how he described this chart and see what I marked, it makes no sense what he said with what he played https://www.forexfactory.com/thread/...45#post4917745
> it was an observation I was sharing with you
------
BigE gave the rules post#6, 647 and scattered throughout his posts.
Look at where he has marked those entry, they are 100% according to post#6.
Here are some more ref:
#115.... Can you see green on the other side of red
#643.... see the green line for a long trade at the 12-2 angle for best results and a short trade at a 4-6 angle...
#261..... Stochs is nothing but confirmation. If Stochs & the TDI give different signals... lights flash off
TDI green did not crossover at that bar with the long wick you are pointing at. It crossed over 2/3 bar later and the advice was:
#261.... HA Candles... What are their size? If they are small I will usually go find another set up...
That entry is correct.
Last to two yellow arrows.
Why do you have a problem with that entry?
- #138,159
- Feb 23, 2023 12:18am Feb 23, 2023 12:18am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
{quote} @Tekkies Most probably get ban for this post. I see that you traded XAU/USD and suffered the most. Best not to trade XAU/USD Trading XAU/USD and majors/minors is different strategy. You cant use the same indicators like TDI on it. I did like to offer you my advice on trading this instrument. Through backtest and forward test I come up with this. Somehow TDI and the usual way of trading currency is different. Assume uptrend on gold. Strictly trade uptrend TF H4 H1 for Stop orders M15 M5 for monitoring Gold tends to break out after a range...
It is me that like to argue with TDI.
When I don't argue this happens Post 138,140, Post 137,816 and elsewhere-----
a Big problem that effeckt traders in South Africa is load shedding (shortage of electricity) If trader does not have backup power you can be without electricity for 2/4//6/8 hours.
When you do have backup power the connection between service provider and yourself can be down because relay stations (WiFi towers, fiber optical amplifier) is with out power
- #138,160
- Feb 23, 2023 12:20am Feb 23, 2023 12:20am
- Joined Nov 2008 | Status: Trader | 50,194 Posts
{quote} Once more read what the post is saying. > it was an observation I was sharing with you ------ BigE gave the rules post#6, 647 and scattered throughout his posts. Look at where he has marked those entry, they are 100% according to post#6. Here are some more ref: #115.... Can you see green on the other side of red #643.... see the green line for a long trade at the 12-2 angle for best results and a short trade at a 4-6 angle... #261..... Stochs is nothing but confirmation. If Stochs & the TDI give different signals... lights flash off {image}First...
LOL @Tekkies
that post #10,736 has few words ... it a paper trading chart in Aug 2011. It is nonsense, today is Feb 23, 2023.
Today going forward to trade in real-time live market in current market conditions. Tomorrow is Feb 24 ... a big event happened.
Wake UP! .... Stop dreaming..... We are not trading USD10,000 money for entertainment and relaxation we take to Las Vegas {here}
Get real!
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett