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Trading Made Simple

  • #140,261
  • Edited 1:53am May 25, 2023 1:41am | Edited 1:53am
Related to Post 140,246
=== When TDI give a signal
> Refresh chart.
> Did TDI green cross red (green bounce red)
> TDI green angle above / below 2 / 4
> Is Stoch confirming TDI green direction
> Candle 1 or 2
===Use post#647 to confirm TDI signal
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Any time frame.
M1, M5 broker's spreed fee can take a big part of your profit margin.
----
Some time later.
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Price took SL(stoploss)
Post#6 .... Exit your trade when the green TDI line goes flat, starts to hook over or makes a check mark reversal.
  • #140,262
  • May 25, 2023 2:09am May 25, 2023 2:09am
Follow BigE's advice in this thread how to trade with TDI and you are good to go.
> Not every TDI set up signal will give you profit.
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> Use your understanding of Post#647 basic price action to avoided those TDI signals that might harm your account.
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This is the basic of BigE's postings, the rest is up to you.
  • #140,263
  • May 25, 2023 3:56am May 25, 2023 3:56am
Quoting Tekkies
Follow BigE's advice in this thread how to trade with TDI and you are good to go. > Not every TDI set up signal will give you profit. {image}> Use your understanding of Post#647 basic price action to avoided those TDI signals that might harm your account. {image} This is the basic of BigE's postings, the rest is up to you.

I read Big E posts and taken lots of notes... and stop trading those trash timeframes below 1hr and TDI signals. Those M30 signals are all trash.
I made the transition to trade the 4hr and the 4hr charts for Price Action setups.


#119
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#949
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- has many references (...) to older posts and charts, study those too and take own notes.


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,264
  • May 25, 2023 7:47am May 25, 2023 7:47am
Quoting emmanuel7788
{quote} XAU May25 Weekly UPDATE: - so far so good ... {image} #3418 {quote}

XAU May24 TMS EVO_2023 trades closed

- yesterday was a good trading day

- closed two baskets of trades

- always trade with Stop Loss and use Position Sizing strategy... no need to Hope and Pray ... no need to panic sell, sell, sell, ...

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Click to Enlarge Name: XAU May24 TMS EVO trades closed 25-5-2023 6-25-28 am.png Size: 32 KB


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,265
  • May 25, 2023 7:50am May 25, 2023 7:50am
XAU May25

- super nice when sell basket fell through the floor


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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,266
  • May 25, 2023 8:12am May 25, 2023 8:12am
Quoting Tekkies
Related to Post 140,246 === When TDI give a signal > Refresh chart. > Did TDI green cross red (green bounce red) > TDI green angle above / below 2 / 4 > Is Stoch confirming TDI green direction > Candle 1 or 2 ===Use post#647 to confirm TDI signal {image} Any time frame. M1, M5 broker's spreed fee can take a big part of your profit margin. ---- Some time later. {image} Price took SL(stoploss) Post#6 .... Exit your trade when the green TDI line goes flat, starts to hook over...
#140,261

Poor trading skills ... chasing after the market ... BAD HABIT!

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,267
  • May 25, 2023 8:23am May 25, 2023 8:23am
Quoting Tekkies
Follow BigE's advice in this thread how to trade with TDI and you are good to go. > Not every TDI set up signal will give you profit. {image}> Use your understanding of Post#647 basic price action to avoided those TDI signals that might harm your account. {image} This is the basic of BigE's postings, the rest is up to you.
@Tekkies

You simply have no clue what Big E' Post#647 is all about...
Thanks for the laughs...

Stay Tuned for Lessons101 on Post#647.
... from someone who filled the void left behind by Big E #76,129


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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,268
  • May 25, 2023 8:36am May 25, 2023 8:36am
[quote=Tekkies;14437244]Related to Post 140,246 === When TDI give a signal > Refresh chart. > Did TDI green cross red (green bounce red) > TDI green angle above / below 2 / 4 > Is Stoch confirming TDI green direction > Candle 1 or 2 ===Use post#647 to confirm TDI signal {image} Any time frame. M1, M5 broker's spreed fee can take a big part of your profit margin. ---- Some time later. {image} Price took SL(stoploss) Post#6 .... Exit your trade when the green TDI line goes flat, starts to hook over or makes a check mark reve
hi tekkis
one of the most important advice from elefnaz in post 1 is not to trade under 1 H why you ignore it
  • #140,269
  • May 25, 2023 8:38am May 25, 2023 8:38am
Quoting Tekkies
Destroyed the demo account. It has served it purposes. {image} Got to leave something for Vincent to repost everyday for the next two /three years. ----- Take note that Buy trades was entered when TDI gave a very good Sell trade setup. === When TDI give a signal > Refresh chart. > Did TDI green cross red (green bounce red) > TDI green angle above / below 2 / 4 > Is Stoch confirming TDI green direction > Candle 1 or 2 ===Use post#647 to confirm TDI signal
What terrible stuff!
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hey TMS Folks

> Price Action, Price Action, Price Action ...

> follow the Natural Flow of the Forex market NFF in the old thread

Quoting eelfranz
Those wanting more examples go to Forum: Commercial, then Craig Harris Stochastics Method... then start reading on page 246, post 3676 to the end... you will learn more fast... We switched from there to only discuss this method in the new forum...
What it should be-

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,270
  • May 25, 2023 8:44am May 25, 2023 8:44am
Quoting korosh1350
Quoting Tekkies
Related to Post 140,246 === When TDI give a signal > Refresh chart. > Did TDI green cross red (green bounce red) > TDI green angle above / below 2 / 4 > Is Stoch confirming TDI green direction > Candle 1 or 2 ===Use post#647 to confirm TDI signal {image} Any time frame. M1, M5 broker's spreed fee can take a big part of your profit margin. ---- Some time later. {image} Price took SL(stoploss) Post#6 .... Exit your trade when the green TDI line goes
...

well the OP mentioned that several times in different posts,

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@Tekkies will never get it... his mental problem is he still believes the TDI is Holy Grail...


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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,271
  • May 25, 2023 9:25am May 25, 2023 9:25am
Quoting emmanuel7788
{quote}{quote} well the OP mentioned that several times in different posts, {image} @Tekkies will never get it... his mental problem is he still believes the TDI is Holy Grail... {image} ...
hi emmanuel

last month you said to me scalp h4 mother bars and inside bars break out do you mean i scalp it when h4 closed and broke with m15 or scalp it dynamic while it break with m15 or h4 ?
  • #140,272
  • Edited 9:44am May 25, 2023 9:29am | Edited 9:44am
Quoting korosh1350
Quoting Tekkies
Related to Post 140,246 === When TDI give a signal > Refresh chart. > Did TDI green cross red (green bounce red) > TDI green angle above / below 2 / 4 > Is Stoch confirming TDI green direction > Candle 1 or 2 ===Use post#647 to confirm TDI signal {image} Any time frame. M1, M5 broker's spreed fee can take a big part of your profit margin. ---- Some time later. {image} Price took SL(stoploss) Post#6 .... Exit your trade when the green TDI line goes
...
For the same reason Vincent ignore:
> 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.
----
"I hate trading 5min-15min-30min charts"
"hate" is an emotion > since when does a person feeling dictate which timeframe should be traded?
----
Don't forget to read this also in post#1"
> I wanted a method that was simple, worked on all timeframes, simple rules, few indicators....
----
Are you sure about that Korosh?
What is the timeframe in Post 8,601?
  • #140,273
  • May 25, 2023 10:13am May 25, 2023 10:13am
Could not help to have a laugh.
From the same member, contradicting himself.
Post 140,268 >..... not to trade under 1 H...
Post 140,271 > .... broke with m15 or scalp it dynamic while it break with m15 ....
  • #140,274
  • May 25, 2023 6:23pm May 25, 2023 6:23pm
Quoting emmanuel7788
{quote} XAU May24 TMS EVO_2023 trades closed - yesterday was a good trading day - closed two baskets of trades - always trade with Stop Loss and use Position Sizing strategy... no need to Hope and Pray ... no need to panic sell, sell, sell, ... {image} ...

XAU May26 Friday TMS EVO 2023

- if you start today and open a new sell basket, better be well prepared for it!

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,275
  • May 25, 2023 6:30pm May 25, 2023 6:30pm
Quoting Tekkies
{quote}{quote} /// What is the timeframe in Post 8,601?


here is #8601

> you did not read what Big E wrote and study the price chart' Price Action because you only looked at the TDI ...

> even with hindsight you could not recognize the True REVERSAL setup at Pacific 10PM 4hr ...

> thanks for the LAUGHS!


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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,276
  • May 25, 2023 6:39pm May 25, 2023 6:39pm
Quoting Tekkies
{quote}{quote} ...---- "I hate trading 5min-15min-30min charts" "hate" is an emotion > since when does a person feeling dictate which timeframe should be traded? ----...

"hate" is an emotion >

@Tekkies, Thanks for the LAUGHS! ..


Big E #1 on his hate ...

Quoting eelfranz
I hate trading 5min-15min-30min charts. Why? You have to monitor each trade from beginning to end and hope and pray you made a correct entry. I only trade 1hr charts during the the 1st 3 hours of the USA OPEN and 4hr trades at night. I check for set ups at 10pm Pacific,2am and close all 4 hour trades by 6am Pacific.... You ever woke in the morning popping on your puter and find you made 150 pips while you...
Example of @Tekkies' "Hope and Pray" when his demo account in drawdown when he did his panic sell, sell, sell ...

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..
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,277
  • May 25, 2023 6:58pm May 25, 2023 6:58pm
Quoting korosh1350
{quote} hi emmanuel last month you said to me scalp h4 mother bars and inside bars break out do you mean i scalp it when h4 closed and broke with m15 or scalp it dynamic while it break with m15 or h4 ?

@korosh1350

what I learn from Big E posts about how he scalp the 4hr, he did that on the same 4hr chart around news time. I know from his posts, he check other chart templates and timeframes too. The key is how he see Price Action with the basics in Post#261 and #647.

Good examples I posted yesterday for RBNZ rate announcement.

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NUSNZD 4hr

- note the Double Inside Bar DIB consolidation before the RBNZ release, then the H4 Master Candle one bar/HA candle later,

- when the announcement was released, just note the first 15 minutes on the same 4hr chart

- experienced TMS PA traders would time the entry on a m5 and always following the 4hr candle

- this way the initial SL is small with risk 'R' and larger trade lots using Position Sizing strategy

- the Risk:Reward is good!
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,278
  • May 25, 2023 7:21pm May 25, 2023 7:21pm
Quoting Tekkies
Follow BigE's advice in this thread how to trade with TDI and you are good to go. > Not every TDI set up signal will give you profit. {image}> Use your understanding of Post#647 basic price action to avoided those TDI signals that might harm your account. {image} This is the basic of BigE's postings, the rest is up to you.
hey TMS Folks

> what is your understanding of Post#647 basic 4x stuff?

@Tekkies' understanding made many of us laugh. His tunnel vision of his charts is one of his many reason why he never made any money the last 7 years since 2016.

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EJ May26 4hr Tokyo 9am

- Weekly is bullish

- Daily is choppy ... also to the upside

- H4 is our 4hr trading timeframe and also out 4hr trade window

> Do Not be confused when the 4hr candle and the 4hr trade window ... during the 4hour you can make you trade entry ...aka dynamic entry during the active 4hr candle, you can enter a PA H1 candle setup or any lower timeframe PA candle setup...but follow the 4hr.


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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,279
  • May 25, 2023 7:27pm May 25, 2023 7:27pm
Quoting emmanuel7788
{quote} hey TMS Folks > what is your understanding of Post#647 basic 4x stuff? @Tekkies' understanding made many of us laugh. His tunnel vision of his charts is one of his many reason why he never made any money the last 7 years since 2016. {image} EJ May26 4hr Tokyo 9am - Weekly is bullish - Daily is choppy ... also to the upside - H4 is our 4hr trading timeframe and also out 4hr trade window > Do Not be confused when the 4hr candle and the 4hr trade window ... during the 4hour you can make you trade entry ...aka dynamic entry during the active...
Examples:

AU May25 TMS-II trades closed

- two TMS-II trades closed with using THV CaveManager EA trade manager.

> both trades follow the 4hr candle PA below its 5EMA and my 4hr trade window

> you can define your own trading hours according to your trade plan in your Blueprint For Trading Success.

> I trades AU, AJ and UJ during Tokyo morning session.


Attached Image (click to enlarge)
Click to Enlarge Name: AU May25 TMS-II trades and May26 open 26-5-2023 8-22-05 am.png Size: 29 KB


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,280
  • May 25, 2023 7:38pm May 25, 2023 7:38pm
Quoting Tekkies
Follow BigE's advice in this thread how to trade with TDI and you are good to go. > Not every TDI set up signal will give you profit. {image}> Use your understanding of Post#647 basic price action to avoided those TDI signals that might harm your account. {image} This is the basic of BigE's postings, the rest is up to you.
Quoting emmanuel7788
{quote} @Tekkies You simply have no clue what Big E' Post#647 is all about... Thanks for the laughs... Stay Tuned for Lessons101 on Post#647. ... from someone who filled the void left behind by Big E #76,129 {image} ...
#Trading101# #647 Price Action

GJ May26

> when you follow #281,

> just use simple weekly top down analysis WTDA ... Weekly >Daily >H4 ... the rest lower timeframes are for timing your entries

> trade any 4hr trade window you want, but always follow your WTDA

Attached Image (click to enlarge)
Click to Enlarge Name: GJ May26 Daily choppy 26-5-2023 8-31-30 am.png Size: 34 KB


> GJ is good candidate for TMS MEME Buy only 4H swing this week until we see a major correction

> your 2CLB is Weekly

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