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Trading Made Simple

  • #139,561
  • Apr 27, 2023 3:17am Apr 27, 2023 3:17am
Quoting Tekkies
{quote} If that is the method. "now strip down everything on that chart at that point..." > Why are all those indicators on your charts? Price Action is trading with a clean chart and your charts are not clean. Stop posting bullshit, Vincent.

@Tekkies

obviously you are too stupid to understand that Post#2617 - how many times the OP mentioned his chart templates and what to strip.

it is better for you to start all over again read and study from Post# up to Post#12,912. You will learn what to strip from your charts.

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #139,562
  • Apr 27, 2023 3:24am Apr 27, 2023 3:24am
Quoting emmanuel7788
{quote} USDCAD Apr 27 Pacific 10PM 4hr trade window - for those who learned The Law of Charts TLOC, you will see these. {image} ...
USDCAD Apr27 H4

- back to H4, we will have a Master Candle soon in 38mins ...

- but must wait for the current H4 to close.

- the next 4hr is Pacific 2AM trade window

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #139,563
  • Apr 27, 2023 3:28am Apr 27, 2023 3:28am
Quoting Tekkies
{quote} If that is the method. "now strip down everything on that chart at that point..." > Why are all those indicators on your charts? Price Action is trading with a clean chart and your charts are not clean. ---- "that's BRN 2000.00" Ok, no problem Price is finding it hard to move past that resistance level. {image} Stop posting bullshit, Vincent.
@Tekkies

Please continue with posting your daily verbal diarrhea in this thread.

Its very entertaining coming from you someone who made 5,000 trades losses with his Holy Grail TDI.

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #139,564
  • Apr 27, 2023 4:05am Apr 27, 2023 4:05am
Quoting emmanuel7788
{quote} @Tekkies Please continue with posting your daily verbal diarrhea in this thread. Its very entertaining coming from you someone who made 5,000 trades losses with his Holy Grail TDI. {image} ...
Hey Vincent, how do a trader stop MT4 from putting those funny stuff on a chart?
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  • #139,565
  • Apr 27, 2023 4:46am Apr 27, 2023 4:46am
Quoting emmanuel7788
{quote} @Tekkies obviously you are too stupid to understand that Post#2617 - how many times the OP mentioned his chart templates and what to strip. it is better for you to start all over again read and study from Post# up to Post#12,912. You will learn what to strip from your charts. {image} ...
"how many times the OP mentioned his chart templates and what to strip."
Easy to answer.
Post#1 The key to this method is the Traders Dynamic Index indicator for entries and exits. I also use a Stochastics (8,3,3) indicator. It is ONLY used to confirm direction. Nothing else.
Post#2 We Enter a trade when green crosses red on the TDI at the beginning of that candle
Post#6 Important to study TDI entries on old charts, any time frame..
Post#11 The key to building confidence is to study old charts... look at the TDI moves and how it looks on PA so every time you see that same set up you will know your odds for success are high.
Post#11 My page when I open up my charts has 8 open charts. I just glance at the TDI for set ups when the new candle opens...
(Every moring you flood this thread with all kinds of junk about what price is doing. Here BigE give a simple way.
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(Nothing worth while to trade..... for now.)
Post#51 Dean invented the TDI... and I removed all the extra lines to make it easy to look at and trade...
Post#52 Which direction to trade the TDI... Is it going up (long) or coming down (short)... that's the direction to trade.
Post#54 Wait for green to CROSS RED and open your trade at the beginning of the new candle... usually candle 1 or 2. Catch the momentum
Post#115 A Normal entry is when green crosses red on the TDI (and you can actually see the green on the other side).
Post#117 Training Chart... Every red vertical line denotes a proper trade set up on the TDI... There is 16 total.
Many more can be refer to.

Now Vincent, beside Post##2617, do you have any other post in this thread where BigE posted to remove TDI/Stoch.

Come Vincent, show the readers that you really have taken in to account ALL of BigE's post's in this thread and have not devolved a single minded obsession about one particular single post with one particular sentence that support your one particular single-minded obsessive viewpoint.
  • #139,566
  • Apr 27, 2023 7:12am Apr 27, 2023 7:12am
Quoting Tekkies
{quote} "how many times the OP mentioned his chart templates and what to strip." Easy to answer. Post#1 The key to this method is the Traders Dynamic Index indicator for entries and exits. I also use a Stochastics (8,3,3) indicator. It is ONLY used to confirm direction. Nothing else. Post#2 We Enter a trade when green crosses red on the TDI at the beginning of that candle Post#6 Important to study TDI entries on old charts, any time frame.. Post#11 The key to building confidence is to study old charts... look at the TDI moves and how it looks on...
hey @Tekkies

Tomorrow is Friday Apr28 ... the last trading day for this week and also the last trading day of this April month. Do you know what this mean?

You need to go back to Post#647 and start all over again at babypips.com

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5,000 trades losses is impossible to recover with all those posts you copy-and-paste.


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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #139,567
  • Apr 27, 2023 7:15am Apr 27, 2023 7:15am
Quoting Tekkies
{quote} Hey Vincent, how do a trader stop MT4 from putting those funny stuff on a chart? {image}

@Tekkies

that's simple.

look up the MT4 order management in the user programming handbook.

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #139,568
  • Apr 27, 2023 8:20am Apr 27, 2023 8:20am
Quoting emmanuel7788
{quote} @Tekkies that's simple. look up the MT4 order management in the user programming handbook. ...
Funny, that you did not knew what they were in the first place.
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(Post 139,505)
It rather simple where to look, when you know what to look for.
-----
"all those posts you copy-and-paste"
Look who is flapping his lips, you have managed to post that TE image a astonishing 350 times or more.

This is really fits you to the letter "T" > have not devolved a single minded obsession about one particular single pos image
Come on Vincent, get a grip on life and find something better to post.
Like this one.
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  • #139,569
  • Apr 27, 2023 8:41am Apr 27, 2023 8:41am
Hi Guys

I know it may be a very basic question but I find the entries are quite easy to find on this method, especially using 4h and 1 hr charts

However, as I am out of practice, how do you guys manage the trade once in? Do you stay on the same time frame? as the price action can change course but the TMI may be still showing the correct direction for the trade you want and maybe take a little while catch up leaving lots of pips on the table

Thanks
  • #139,570
  • Apr 27, 2023 10:00am Apr 27, 2023 10:00am
Quoting lynch21a
Hi Guys I know it may be a very basic question but I find the entries are quite easy to find on this method, especially using 4h and 1 hr charts However, as I am out of practice, how do you guys manage the trade once in? Do you stay on the same time frame? as the price action can change course but the TMI may be still showing the correct direction for the trade you want and maybe take a little while catch up leaving lots of pips on the table Thanks
I need to use a Breakeven EA set to BE + 1 due to loadshedding + very bad WiFi.
Once BE + 1 is achieved manually move SL with the trade.

The best advice is to follow will be post#6 > Exit your trade when the green TDI line goes flat, starts to hook over or makes a check mark reversal.
You can always re-enter depending on the bar count after the cross-over > candle 1 or 2 or with a TDI green bounce red.
  • #139,571
  • Apr 27, 2023 10:04am Apr 27, 2023 10:04am
Quoting Tekkies
{quote} I need to use a Breakeven EA set to BE + 1 due to loadshedding + very bad WiFi. Once BE + 1 is achieved manually move SL with the trade. The best advice is to follow will be post#6 > Exit your trade when the green TDI line goes flat, starts to hook over or makes a check mark reversal. You can always re-enter depending on the bar count after the cross-over > candle 1 or 2 or with a TDI green bounce red.

Thats the point though, your trade could be up 20/30 pips but by the time the TDI changes that could be all gone.

I guess its a matter of personal opinion to let something try and run more or take profit
  • #139,572
  • Apr 27, 2023 10:36am Apr 27, 2023 10:36am
Quoting lynch21a
{quote} Thats the point though, your trade could be up 20/30 pips but by the time the TDI changes that could be all gone. I guess its a matter of personal opinion to let something try and run more or take profit
Don't argue with TDI, your trading account will look like mine.
When it go's flat, hook, check get out.
edit: Look where TDI went flat, hook check on the chart below.
------
Study old charts
Mark all crossover and those wicks, see what happens when you go to a lower time frame. Is it worth the effort?
>XAUUSD H4
Attached Image
>XAUUSD M15
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  • #139,573
  • Apr 27, 2023 11:54am Apr 27, 2023 11:54am
Quoting Tekkies
{quote} Don't argue with TDI, your trading account will look like mine. When it go's flat, hook, check get out. edit: Look where TDI went flat, hook check on the chart below. ------ Study old charts Mark all crossover and those wicks, see what happens when you go to a lower time frame. Is it worth the effort? >XAUUSD H4 {image}>XAUUSD M15 {image}
please send your statement of this month and let us see how you do with tdi . not pictures of some trades good luck
  • #139,574
  • Apr 27, 2023 12:25pm Apr 27, 2023 12:25pm
Quoting korosh1350
{quote} please send your statement of this month and let us see how you do with tdi . not pictures of some trades good luck
Here you go > Post 139,282
Here is a really nice picture of one good looking trade. > Post 139,283
-----
Now korosh, ask your hero Vincent to make his TE's visible from 01/01/2022 so that readers can see how he did with his price action.
(Remember the knife cut both ways.)
  • #139,575
  • Apr 27, 2023 12:36pm Apr 27, 2023 12:36pm
Hello everyone.

I recently saw a video on YouTube where they presented a hedging strategy with a 10-pip recovery zone and a 20-pip target and doubling the lot. The video said that the system should be used during news releases. So I decided to do a demo test, and I would like to know if those who have practiced hedging can give me their feedback.

The image shows the EURUSD pair in the M1 timeframe on an MT5 demo account at the time of the CPI release on April 12, 2023. Suppose you have a 1000 USD account with a leverage of 1:500, and you expect to earn 1% of the account by reaching 20 pips, so the volume lot should be 0.05. Notably, the maximum volume lot that can be opened is 4.56 at the price of 1.09669.

If you decide to buy after the end of the first candle, the target of 20 pips is reached after 5 candles, and we leave with a profit of 10 USD, and our account increases by +1%. However, suppose at the same point, it is decided to sell (S1); the whole scenario changes according to the strategy under study. In that case, hedging must be applied with a recovery zone of 10 pips and doubling the volume lot. A 0.1 (B1) BUY order must be placed when the price reaches level X. The price does not reach the W level and returns to the Y level, where a SELL order of 0.2 (S2) should be placed. The price does not get level Z and returns to level X, where a BUY order of 0.4 (B2) must be placed. The price does not reach the W level and returns to the Y level, where a SELL order of 0.8 (S3) should be placed. The price does not reach level Z and returns to level X, where a BUY order of 1.6 (B3) must be placed. Already at this point, there are 3 SELL trades and 3 BUY trades with a total of 3.15 accumulated lots with approximately 1.41 lots available (4.56 minus 3.15), and if the price returns to level Y, the order S4 cannot be opened, because this order it should be 3.2 lots, much more than what is available.

So let's calculate the profits at the different levels with these 6 open trades.

At level X:

(LotS1+LotS2+LotS3)*(-10 pips) + (LotB1+LotB2+LotB3)*(0 pips) = -105 USD (-11%)

At level Y:

-210 USD (-21%)

At Z level:

-420 USD (-42%)

At W level:

+105 USD (+11%)

Note that right after opening the B3 order, the trader can only hope for a stroke of luck while waiting for uncertainty and emotions to decide his final profit. If the trader decides to close at the indicated potential profit (PP), the profits would be:

PP3 -37 USD (-4%)
PP4 +11 USD (+1%)
PP5 +105 USD (+11%)

There really are 1,000 different outcomes for a thousand different brains. However, in this example, the trader expects to earn 1% when he opens his first trade in 0.05 lots and then starts the rollercoaster of emotions with hedging trying to have a positive profit but increasing the risk to even lose 42% of the account.

What do you think? What is wrong in this analysis with these parameters?

Cheers.

Carlos
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  • #139,576
  • Apr 27, 2023 12:37pm Apr 27, 2023 12:37pm
Quoting Tekkies
{quote} Here you go > Post 139,282 Here is a really nice picture of one good looking trade. > Post 139,283 ----- Now korosh, ask your hero Vincent to make his TE's visible from 01/01/2022 so that readers can see how he did with his price action. (Remember the knife cut both ways.)
please tekkis i am serious and it can help lots of traders . a full statement in real account . what is in that post is worthless and useless too
  • #139,577
  • Apr 27, 2023 12:43pm Apr 27, 2023 12:43pm
Quoting Tekkies
{quote} Here you go > Post 139,282 Here is a really nice picture of one good looking trade. > Post 139,283 ----- Now korosh, ask your hero Vincent to make his TE's visible from 01/01/2022 so that readers can see how he did with his price action. (Remember the knife cut both ways.)
i am sure emmanuel is profitable and if his statement help me sure i will ask him . i donot wannto judge you just wannto know how you are profitable with tdi
  • #139,578
  • Apr 27, 2023 1:16pm Apr 27, 2023 1:16pm
Quoting korosh1350
{quote} please tekkis i am serious and it can help lots of traders . a full statement in real account . what is in that post is worthless and useless too
Korosh, any statement by any trader will not do much good.
1. It only show you that the method can be profitable.
2. The trader understand that method in his own way that benefit him.
3. Look at such a statement will only create false expectation by you.
3a. Will you be able to trade like that? Who is going to get the blame when you fail?
There is a reason for this sentence in the fine print at the bottom of many broker's webpage
"past performance is not indicative of future results"
----
That is a full statement. All key points are listed.
Sorry no real account is available, only one demo.
  • #139,579
  • Apr 27, 2023 1:38pm Apr 27, 2023 1:38pm
Quoting Tekkies
{quote} Korosh, any statement by any trader will not do much good. 1. It only show you that the method can be profitable. 2. The trader understand that method in his own way that benefit him. 3. Look at such a statement will only create false expectation by you. 3a. Will you be able to trade like that? Who is going to get the blame when you fail? There is a reason for this sentence in the fine print at the bottom of many broker's webpage "past performance is not indicative of future results" ---- That is a full statement. All key points...
thanks for your honesty , i reach the point that i am sure that enter trade correctly and profitably but have problem to get tp and manage how many signals i should enter statements can help me alot , really emmanuel is the reason that i am here he gave me some ideas for my problems too but still i cannot decide wich way is better and what should i do
  • #139,580
  • Apr 27, 2023 2:56pm Apr 27, 2023 2:56pm
Quoting Tekkies
{quote}... All key points are listed. Sorry no real account is available, only one demo.

@Tekkies

You missed 34 other key points.

We are at month-end.

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