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Trading Made Simple

  • #139,921
  • May 9, 2023 7:03pm May 9, 2023 7:03pm
Quoting emmanuel7788
{quote} @thicko @Tekkies aka FakeTMSTeacher you must be blind trading that TDI cross without doing your post#647 analysis. {image} {image}

IF anyone followed that blind trader then you know what happened yesterday.

Today we trade with all our three(3) eyes open.

Use our third eye .. our brain which is filled with our own trading knowledge and experience.

AJ May10 H4 Tokyo 0900am now

I see a Master Candle *consolidation ...

Have you done your Post#647 top down analysis?

Do you know what to trade now? When to trade?

Do you have a trade plan? Plan A and Plan B and also a Plan C.

Attached Image (click to enlarge)
Click to Enlarge Name: AJ May10 H4 Tokyo 0856am 10-5-2023 7-56-19 am.png Size: 28 KB


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #139,922
  • May 9, 2023 7:08pm May 9, 2023 7:08pm
AU May10 H4

> Do you know what a DIB is?

> Do you know PeterCrowns ?

Attached Image (click to enlarge)
Click to Enlarge Name: AU May10 H4 DIB 10-5-2023 8-04-41 am.png Size: 28 KB


PeterCrowns zip click { download}
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #139,923
  • May 9, 2023 9:59pm May 9, 2023 9:59pm
Quoting emmanuel7788
{quote} IF anyone followed that blind trader then you know what happened yesterday. Today we trade with all our three(3) eyes open. Use our third eye .. our brain which is filled with our own trading knowledge and experience. AJ May10 H4 Tokyo 0900am now I see a Master Candle *consolidation ... Have you done your Post#647 top down analysis? Do you know what to trade now? When to trade? Do you have a trade plan? Plan A and Plan B and also a Plan C. {image} ...
Got some pips out of that one.
What??? Master or Miss Candle???? consolidation.

- TDI is flat, move on to the next pair, don't waste time doing a Post#647.

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...
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 8 KB
  • #139,924
  • May 9, 2023 11:00pm May 9, 2023 11:00pm
Quoting emmanuel7788
{quote} hi @korosh Most important is to pick your trades carefully on H4 and pick only the best A+++ setups like Big E. Do no try pick a trade based on M15. M15 is an option how I run the trade manager THVCaveManager EA CM because of the CSTSL candlestick trailing stop by previous candle high/low. You can also run CM on H4 but the CSTSL will move differently. Your setting choice for the Capital Protection is important to manage your trade exit. You can also run CM on H1, but the trade setup is always based on the H4. Pick a A+++ setup based on your...
hi emmanuel

just wanna thanks
  • #139,925
  • May 9, 2023 11:19pm May 9, 2023 11:19pm
Quoting Tekkies
{quote} Got some pips out of that one. What??? Master or Miss Candle???? consolidation. - TDI is flat, move on to the next pair, don't waste time doing a Post#647. 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... {image}


hey @Tekkies aka FakeTMSTeacher

How to show trades from your MT4 Teminal Account History on your chart.

Inserted Video


It is very simple so Keep It Simple.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #139,926
  • May 9, 2023 11:24pm May 9, 2023 11:24pm
@Tekkies

You know I manage my trading accounts with 20 Trading Days Cycle 20TDC.

I will do a 6 months update @end Aug 2023.

Stay Tuned!




...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #139,927
  • May 9, 2023 11:26pm May 9, 2023 11:26pm
Quoting emmanuel7788
{quote} IF anyone followed that blind trader then you know what happened yesterday. Today we trade with all our three(3) eyes open. Use our third eye .. our brain which is filled with our own trading knowledge and experience. AJ May10 H4 Tokyo 0900am now I see a Master Candle *consolidation ... Have you done your Post#647 top down analysis? Do you know what to trade now? When to trade? Do you have a trade plan? Plan A and Plan B and also a Plan C. {image} ...
i study your trades . how you do so many trades i barely do 20 trades in a week?
  • #139,928
  • May 9, 2023 11:59pm May 9, 2023 11:59pm
Quoting korosh1350
{quote} i study your trades . how you do so many trades i barely do 20 trades in a week?

I have 28 pairs in my market watch list.

there are many 4H swings in those 28 pairs.

If you only look for reversals at Pacific 10PM and 2AM based on Big E' 8 pairs, then you will not find enough trade setups in a 20 trading days cycle.
The market does not always reverse at Pacific 10PM or 2AM 4hr. There are many PA continuation setups and these are APB/HA candles 3,4,5,6 .....to 15.

What is most important is PA is No.1 ... all the time, every time.
Then if you must use the TDI, it is No.2 important.

But for True REVERSAL setups,
No.1 importance is still the PA.
No.2 importance is the Stoch(8,3,3) %K cross %D signal.
The TDI' RSI green price line is No.3 importance because it lags the Stoch signal.

Example below:
Attached Image (click to enlarge)
Click to Enlarge Name: True REVERSAL example.png Size: 40 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #139,929
  • May 10, 2023 12:22am May 10, 2023 12:22am
[quote=Tekkies;14419620] Done for the day {image}[quote]

@Tekkies

Are you sure you were done for the day?
You have not made any real money yet.
You are back to trading broker's Demo account.

You should continue with trading because there are many setups every day if you follow Big E' post #7555

You need a lot more practice trading in realtime live market conditions. No more paper trading on old charts, that is hindsight trading.

#7555
Attached Image (click to enlarge)
Click to Enlarge Name: Big E #7555.png Size: 33 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #139,930
  • May 10, 2023 1:02am May 10, 2023 1:02am
[quote=emmanuel7788;14420723][quote=Tekkies;14419620] Done for the day {image}
Quote
@Tekkies Are you sure you were done for the day? You have not made any real money yet. You are back to trading broker's Demo account. You should continue with trading because there are many setups every day if you follow Big E' post #7555 You need a lot more practice trading in realtime live market conditions. No more paper trading on old charts, that is hindsight trading. #7555 {image}
> I started trading full lots last year... tiring of $1 a pip.

What will you consider to be a full lotsize Vincent?
Can you please say the amount like:> $1 or $10 or $100 or $1 000.
  • #139,931
  • May 10, 2023 1:33am May 10, 2023 1:33am
[quote=Tekkies;14420745][quote=emmanuel7788;14420723]
Quoting Tekkies
Done for the day {image}{quote} > I started trading full lots last year... tiring of $1 a pip. What will you consider to be a full lotsize Vincent? Can you please say the amount like:> $1 or $10 or $100 or $1 000.

@Tekkies aka FakeTMSTeacher

Did you read Post #12,912?
Quoting eelfranz
So many new traders... Do not think you can trade with us without reading the thread and taking notes. READ & STUDY. .... Big E
then Post#557?

Take notes as highlighted for tunnel vision @Tekkies ... Note 1, Note 2 and Note 3 .

Attached Image (click to enlarge)
Click to Enlarge Name: Big E #557.png Size: 81 KB




...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #139,932
  • May 10, 2023 2:00am May 10, 2023 2:00am
Quoting emmanuel7788
{quote} @Tekkies aka FakeTMSTeacher Did you read Post #12,912? {quote} then Post#557? Take notes as highlighted for tunnel vision @Tekkies ... Note 1, Note 2 and Note 3 . {image} ...
Stop running around in circles like a Snowflake!
- What do you consider to be a full lot size, Vincent!!!!
Post the amount, please.
  • #139,933
  • May 10, 2023 3:02am May 10, 2023 3:02am
Quoting emmanuel7788
{quote} I have 28 pairs in my market watch list. there are many 4H swings in those 28 pairs. If you only look for reversals at Pacific 10PM and 2AM based on Big E' 8 pairs, then you will not find enough trade setups in a 20 trading days cycle. The market does not always reverse at Pacific 10PM or 2AM 4hr. There are many PA continuation setups and these are APB/HA candles 3,4,5,6 .....to 15. What is most important is PA is No.1 ... all the time, every time. Then if you must use the TDI, it is No.2 important. But for True REVERSAL setups, No.1 importance...
can you share me some of your losing trades . i think its the best way for me to understand how you manage losing trades
  • #139,934
  • May 10, 2023 3:04am May 10, 2023 3:04am
Quoting Tekkies
{quote} Stop running around in circles like a Snowflake! - What do you consider to be a full lot size, Vincent!!!! Post the amount, please.
i think elefnaz full lot size was 10% to 15% account risk on each trade
  • #139,935
  • May 10, 2023 3:34am May 10, 2023 3:34am
Quoting korosh1350
{quote} i think elefnaz full lot size was 10% to 15% account risk on each trade
Not asking for a assumption Korosh or lot size that is xx % of a account.
Asking what is a full lot size?
  • #139,936
  • May 10, 2023 3:43am May 10, 2023 3:43am
Quoting korosh1350
{quote} can you share me some of your losing trades . i think its the best way for me to understand how you manage losing trades
That is not going to happen.
According to him any loss is a shameful event that must be exploited to maximize the effort to deride any member that does not agree with him.
(You only have to count how many times Snowflake repost my losing TE.)

Wanna bet, he is going to ignore your request with some feeble excuse.
  • #139,937
  • May 10, 2023 3:50am May 10, 2023 3:50am
This is a full lot size and my risk or stop is under 0.7 %...to risk 10%-15% is a fast way to burn an account
EDit: 1 full (standard) lot is 100000 in monetary value
1 mini lot is 0.1 i.e 10000
1 micro lot is 0.01 i.e 1000
Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD.iM5.png Size: 29 KB
the cautious seldom err....C
  • #139,938
  • May 10, 2023 3:51am May 10, 2023 3:51am
[quote=emmanuel7788;14420723][quote=Tekkies;14419620] Done for the day {image}
Quote
@Tekkies Are you sure you were done for the day? You have not made any real money yet. You are back to trading broker's Demo account. You should continue with trading because there are many setups every day if you follow Big E' post #7555 You need a lot more practice trading in realtime live market conditions. No more paper trading on old charts, that is hindsight trading. #7555 {image}
Will this make you happy, Vincent???
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 11 KB
(done for the day)


Before you scream demo money, demo account, remember BigE's advice how to trade with TDI will always be the same regardless the type of account in use.
  • #139,939
  • May 10, 2023 4:07am May 10, 2023 4:07am
[quote=Tekkies;14420910][quote=emmanuel7788;14420723]
Quoting Tekkies
Done for the day {image}{quote} Will this make you happy, Vincent??? {image}(done for the day) Before you scream demo money, demo account, remember BigE's advice how to trade with TDI will always be the same regardless the type of account in use.
@Tekkies
#696
these are Big E' wise words ... you should take notes of
when you are ready to go live with USD10,000 real money , do let us here know and I will have my Trade Explorer ready ...


Attached Image (click to enlarge)
Click to Enlarge Name: Big E #696.png Size: 219 KB


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #139,940
  • May 10, 2023 4:09am May 10, 2023 4:09am
Quoting korosh1350
{quote} i think elefnaz full lot size was 10% to 15% account risk on each trade
he risk 15% to 30% per trade...

with his USD10,000 account leverage 1:30, how many full standard lot can he trade. He did mention 2 to 4 standard lots.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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