Trading Made Simple

UJ Jun 12 H4

- big candle and small candles #647, ... Master Candle is a consolidation,

- you can scalp within the MC high-low

- you can take H1 entries

- you can take M5 entries

- lastly wait for the H4 to breakout

- or you can be super-aggressive and trade the H4 Inside Bars within the Master Candle,

- note the Double Inside Bars within the H4 MC high-low



> its going to be big
> I want a +2R trade to start off this 0ne

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AJ Jun 12 H4 Tokyo 10am

- easy decision #647 top down analysis

- plus Bullish Engulfing Outside Bar BUEOB setup candle ,

- note the previous Inside Bar & Mother Bar,

> worst case you get hit with -1R






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hey Folks

Going by past performance as his track record, ... his win rate was 65.4% for 5272 trades and Risk:Reward 3:1.

If he can make 1000 trades and make 1 pips wins, then

he would have loss 538 trades with his R:R 3:1 ... he would have total loss -1614 pips.

Nett loss is 614pips.

Anyway, we be patient and wait till he completes his first 500 trades then we shall learn a few more lessons about Money Management and Risk Control.

Attached Image (click to enlarge)

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[quote=Tekkies;14456691]
manual back-testing is simple and easy too when we want to test Price Action with candlestick setups on naked charts without any indicators,

- we need to train our eyes to see the swing highs and swing lows, look for True Reversals, etc...

- then we pick one or more candle patterns which has price momentum,

- engulfing bar/candle is one good setup candle we can learn to use #3689 to spot them

- BUEOB and BEEOB are among my favourite PA setup candles



#3689





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EU Jun12 H4 Frankfurt Open hour TMS-II

- still the active H4 candle 4hr trade window

- do you enter buy when the HA candle is below its 5EMA?

- is this the HA #1 now? will it still be HA#1 at its close?

- the swing low is not confirm until we see a 5bars/candles completed....





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AJ Jun12 TMS-II trade update:

- two exits TP1 +10pips and TP2 +25pips

- now waiting for CM EA to activate CSTSL to move SL ...





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Related to Post 140,697

To early to be sure, it looks like it can work.
Gave my self a deposit of ZAR 2 247, started badly, got this nice signal.
All that remains now is testing, testing, testing.

Today's best trade, +50pips on GbpUsd

Related to Post 140,727.
Did not spend the whole day behind the computer.
Magenta = BE + 1 (Depending on how you trade)
It has potential to become a really good method with nothing funny or complicated.
> Remember to refresh chart when TDI green cross level 50.
> Take what the market is willing to give.

I had to do away with TDI and Stochastic RSI. I added 9EMA the yellow EMA. Also added 50EMA the dark grey one. also HA candles where i can switch off the HA and analyse pure PA candles WITHOUT the aid of indicators. entry best after 50 EMA cross but you can enter anyway. I exit when the price gets to 50 Ema. this is always very strong support or resistance. my own system, the only thing i kept is Volume with 20ma.
Discuss my small account trade.

Hi Ladhar, that's wonderful trade there. i was watching this chart but i missed out while is was watching US30. i found it after 3 HAs.

Its about time ...

GJ Jun13 H4 Tokyo 9am

- a correction is much needed in order to be healthy there is too much daylight





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that's a classic TMS 5-Method trade setup
- 5bars swing high + HA candles close below 5EMA,
+ True REVERSAL with Stoch %K cross %D signal and...
+ TDI' RSI green price line cross red line below yellow Market Base Line and below 50-level...
+ a bonus the green close below the lower VB and expanding...market volatility
>>> perfect 9 conditions except 0ne

when I see such classic price action setup I would use full % risk per trade,





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#140,712

GU Jun12 H4... "the prefect ten" re-visited

- price action setup BEEOB with divergence

- is there room for more pips ... +2R and make this a statistical edge win





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EU H4 Jun12 TMS-II trades closed

- took the H1 entry during the active H4 candle aka dynamic 4hr entry ...HA#1 entry

- mitigate the risk for HA#1 entry with reduce %risk $$$.

- trades closed exit 1 TP1 +10 pips, exit 2 TP2 +25pips and CSTSL stopped out

Attached Image (click to enlarge)

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AJ Jun12 TMS-II trades closed

-last exit CSTSL





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[quote=korosh1350;14456610]
have you tried 2011 Big E' stack TDI ?

there was a video explaining the stack TDI and how to scalp the market using that thingy.

https://www.forexfactory.com/thread/...93#post4404893

reading material:



7 Habits That Will Help You Achieve Greatness

Great people aren't born into greatness. It's not a special talent exclusive to a lucky few. Nor is it the result of a lucky break. Luck has nothing to do with it.
We often make the mistake of equating greatness with wealth. Although wealth is often an outcome of achieving greatness, it's not always the rule.
Greatness is a cocktail of qualities that include honesty, integrity, passion, resilience, fortitude, self-belief and strong values. All of these come together to create a uniquely strong character that consistently achieves success after success. If this brings wealth as an added bonus, who’s complaining?
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These habits led them to greatness and enable them to continue making remarkable achievements.

1. Set clear goals
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Conclusion
These habits have the potential to change your life. The key is to practice them consistently and to make them your mantra for achieving your personal greatness. Give them time to work and they'll change you from the inside out.

@Tekkies

Why do you want to re-invent the wheel ?

There is nothing new in what you are trying to do. That has been tried and tested for many years before Big E started trading forex.

Nothing new to learn... in the way you want to use the RSi and 50-level.

No need to refresh chart and TDI. Just use any of the realtime updating version and you will see the TDI being updated to the instant on every price tick your platform receives... look at my post jun 13, 2015 #57,865 and study those charts with trade on them. The TDI is the realtime version with a while line. All the TMS MEME traders knows the white line on the TDI and how to use that and make lots of trades and money.

#57,865 June 13, 2015 TMS MEME system development



Use Money Management Strategy with risk control and CashFlow method....
and achieve this grow a USD10,000 to $50,000 slowly and surely ... know when to be greedy and when to be fearful,

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UJ Jun13

- we have a false break yesterday

- two possibilities today ... therefore I have a Plan A and a Plan B

- also a Plan C for post-FOMC this week.




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