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Trading Made Simple

  • #139,981
  • May 11, 2023 6:03am May 11, 2023 6:03am
[quote=korosh1350;14422486]
Quoting emmanuel7788
{quote} HERE IT IS {image}

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you have recent swing highs in your chart, the market condition is choppy.

if it does not break those highs, then you must manage the exit manually in the next 4hr before New York open

usually, if a trade is 'good' then TMS-II exit TP1 is in the following candle after entry, if this does not happen then you have to question what went wrong with your trade decision

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>>> next trade would be to wait for the break of the choppy price action,


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #139,982
  • May 11, 2023 6:12am May 11, 2023 6:12am
Quoting emmanuel7788
{quote} GJ May11 H1 update: - you can decide base on the details what you see {image} ... {image}

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GJ May11 h1 update:

- you are not going to trade these crap TDI signals

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #139,983
  • May 11, 2023 6:20am May 11, 2023 6:20am
[quote=korosh1350;14422486]
Quoting emmanuel7788
{quote} HERE IT IS {image}
Korosh, your buy trade is about 6 hours late.
#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
#115.... A Normal entry is when green crosses red on the TDI (and you can actually see the green on the other side).
#142 ....
The question was concerning why not enter on candle # 3. In this example the TDI indicates taking the trade on candle # 1. Had you entered on candle # 3 you would have been two candles late for the CORRECT ENTRY. Because a reversal normal runs 3-8 candles we were fortunate it has run so many candles...
The idea about entering on candle 1 or 2 if you get the TDI signal is if it only goes 3 candles you should get on average at least some profit... especially on higher time frames
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(Enter trade > black arrow)
  • #139,984
  • May 11, 2023 6:26am May 11, 2023 6:26am
[quote=emmanuel7788;14422563][quote=korosh1350;14422486]{quote} you have recent swing highs in your chart, the market condition is choppy. if it does not break those highs, then you must manage the exit manually in the next 4hr before New York open usually, if a trade is 'good' then TMS-II exit TP1 is in the following candle after entry, if this does not happen then you have to question what went wrong with your trade decision {image} >>> next trade would be to wait for the break of the choppy price action, ... {ima

THANKS ALOT I EXIT WITH 8 PIPS WHEN 15M LOW BREAK . BECAUSE OF TDI AND H4 CANDLE I THINK PRICE BREAK THE RANGE
  • #139,985
  • May 11, 2023 6:28am May 11, 2023 6:28am
Miss the bus with this one.
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Done for the day. USA red news is going to be hectic today, rather watch from the side line.
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  • #139,986
  • May 11, 2023 6:29am May 11, 2023 6:29am
Quoting Tekkies
Quoting korosh1350
{quote} Korosh, your buy trade is about 6 hours late. #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 #115.... A Normal entry is when green crosses red on the TDI (and you can actually see the green on the other side). #142 .... The question was concerning why not enter on candle # 3. In this example the TDI indicates taking the trade on candle # 1. Had you entered on candle # 3 you would have been two candles late for the CORRECT
...

@Tekkies

when you ONLY follow #54 and #115 and #142, you will end up with 5,000 trades losses with you Holy Grail TDI.

You are the FakeTMSTeacher ... FakeTradingGURU ... All-In-One

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #139,987
  • May 11, 2023 6:32am May 11, 2023 6:32am
Quoting tekkies
Quoting korosh1350
{quote} korosh, your buy trade is about 6 hours late. #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 #115.... A normal entry is when green crosses red on the tdi (and you can actually see the green on the other side). #142 .... The question was concerning why not enter on candle # 3. In this example the tdi indicates taking the trade on candle # 1. Had you entered on candle # 3 you would have been two candles late for the correct
...
the last tdi cross was an inside bar i donot trade with weak candles
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  • #139,988
  • May 11, 2023 6:36am May 11, 2023 6:36am
Quoting Tekkies
Miss the bus with this one. {image} Done for the day. USA red news is going to be hectic today, rather watch from the side line. {image}

Sorry you missed your bus.

I still have my Audi Q5 waiting for me.... every time, all the time ... its right there on time.

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #139,989
  • May 11, 2023 6:47am May 11, 2023 6:47am
Quoting emmanuel7788
{quote} hi @kenergy1 not an easy pair to swing trade this month. The Monthly is sideways since November last year and with a maximum range 680pips and the swing are narrowing. If I follow the Weekly and Daily, then I would rather take buy trades around 112500 and target the region 11300 and 113500. Intraday trading: A good entry on H1 with smaller risk SL with Risk:Reward 1:2 would be my approach. *** we have BOE this week on Thursday May11 {image}
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.. ..

GBPCHF May11 H4 update:


well, we waited till today for BOE

not much has happened the last 3 days and we did not missed anything

that Weekly High still has the 'control'

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...



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #139,990
  • May 11, 2023 7:51am May 11, 2023 7:51am
Quoting emmanuel7788
{quote} Sorry you missed your bus. I still have my Audi Q5 waiting for me.... every time, all the time ... its right there on time. {image} ...
So what?
Got these tekkies, they still take me where I need to go.
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  • #139,991
  • Edited 8:22am May 11, 2023 8:10am | Edited 8:22am
Quoting korosh1350
{quote}{quote} the last tdi cross was an inside bar i donot trade with weak candles {image}
You don't trade weak candles and ignored that resistance level?
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Why do you have indicators on your chart and don't use the information they provide you.
-----
Korosh, in this thread there is a very powerful method with the advice BigE gave you in how to trade with TDI.
Learn to use it.
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Edit: some time later
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  • #139,992
  • May 11, 2023 8:33am May 11, 2023 8:33am
Close trade. TDI is tweaking.
#270.... If the TDI straight green line tweaks it's angle... pay close attention... check everything... it's warning you something has changed or is about to...
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  • #139,993
  • May 11, 2023 9:24am May 11, 2023 9:24am
Quoting Tekkies
{quote} You don't trade weak candles and ignored that resistance level? {image} Why do you have indicators on your chart and don't use the information they provide you. ----- Korosh, in this thread there is a very powerful method with the advice BigE gave you in how to trade with TDI. Learn to use it. {image} Edit: some time later {image}
i use tdi now i can understand some informationd from tdi sto and ha candles i use price action to filter fail signals
  • #139,994
  • May 11, 2023 11:43am May 11, 2023 11:43am
Quoting emmanuel7788
{quote} hi @kizan Yes. I have my own approach which is to do a Weekly Top Down Analysis and follow the basics what the OP mentioned in his post #647 For every pair in my market watchlist, I do my Big Picture Planning to identify the historical price swing levels. With the historical price swing levels, I would the drop down to the Weekly chart timeframe and determine the Market Type conditions - if it is Trending or Sideways. If it is sideways, do more thorough analysis if the sideways market type is wide range or narrow range. TMS will work very...
Hi Emmanuel, thank you very much for sharing your approach!
  • #139,995
  • May 11, 2023 12:19pm May 11, 2023 12:19pm
Quoting emmanuel7788
{quote} GBPCHF May11 H4 update: well, we waited till today for BOE not much has happened the last 3 days and we did not missed anything that Weekly High still has the 'control' {image} ... ... {image}
hi emmanuel

i have problem with cave manager . when it reach tp 1 and exit if price goes back and reach tp 1 again it will exit another tp1 again and it can happen again and again . is it possible to exit tp1 just 1 time and donot exit again if price goes back and reach tp1 again?
  • #139,996
  • May 11, 2023 6:46pm May 11, 2023 6:46pm
Quoting korosh1350
{quote} hi emmanuel i have problem with cave manager . when it reach tp 1 and exit if price goes back and reach tp 1 again it will exit another tp1 again and it can happen again and again . is it possible to exit tp1 just 1 time and donot exit again if price goes back and reach tp1 again?
CM EA trade manager will only take exit TP1 only once, then it continues to check other parameters -
> your candlestick trailing stop setting
> your capital protection setting
> other settings
> if market price moves back to between your TP1 level and your entry, it will not exit a second time when price hit TP1 level again. It waits for TP2 price level while checking all other exit parameter settings.

I think your problem is when there is interruption to your running CM EA, possible scenarios,
1) you change timeframe on that chart where CM is running
2) MT4 profile changed
3) MT4 re-started
4) Internet connection 'throttle'
5) PC re-started

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #139,997
  • May 11, 2023 6:48pm May 11, 2023 6:48pm
Quoting kizan
{quote} Hi Emmanuel, thank you very much for sharing your approach!
@kizan

You are welcome!

Ask anything here and you will learn a lot from my experience. You will learn faster too and save some time ... shorten your learning curve.


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #139,998
  • May 11, 2023 7:00pm May 11, 2023 7:00pm
Reply to one PM this morning.

"what your view on Aussie dollar?"

start with Big Picture Plan

AU May12 Big Picture Plan 2023 update:

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IF you are trading Big E TMS 5-Method using his template Post#261,

you should see three timeframes - Weekly > Daily and H4

> I see some risk on H4 market conditions and change in the Market Type.
> both technical studies on chart, Stochastics(8,3,3) and the Traders Dynamic Index both show a lot of information of the recent market price action and various conditions. There is early warning - potential sideways market

> The Weekly remains sideways with a range between 140 and 180 pips. Plan your swing trades with this range in mind.

> Daily remain a challenge to get a 5R to 9R trade in narrow range market, the swing run of 3 to 8 HA candles would be rare. If you can get in on HA#2, then a minimum 2R trade is good.

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Meantime, there are plenty of day trading both H1 and M15 opportunities with TMS and TMS-II. Follow the H4 price action for continuation setups and take smaller trades.


Trade Well.

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #139,999
  • May 11, 2023 7:09pm May 11, 2023 7:09pm
Quoting emmanuel7788
Reply to one PM this morning. "what your view on Aussie dollar?" start with Big Picture Plan AU May12 Big Picture Plan 2023 update: {image} IF you are trading Big E TMS 5-Method using his template Post#261, you should see three timeframes - Weekly > Daily and H4 > I see some risk on H4 market conditions and change in the Market Type. > both technical studies on chart, Stochastics(8,3,3) and the Traders Dynamic Index both show a lot of information of the recent market price action and various conditions. There is early warning - potential sideways...
AU May12

- day trading and possible scalp the 4hr

- trade the H4 continuation setups

- use 2CLB for stop loss and Position Sizing

- use low risk trade entries

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,000
  • May 11, 2023 7:53pm May 11, 2023 7:53pm
Friday May12

GJ May 12 Double Inside Bars ... its a CONSOLIDATION price action

- it can break to the UPside or the DOWNside

- it can remain sideways narrow range without giving us s Risk:Reward 1:2 trade

- Plan A ... Sell
- Plan B ... Buy
- Plan C ... wait for the best setup when A and B failed



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