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Trading Made Simple

  • #140,861
  • Jun 19, 2023 6:19am Jun 19, 2023 6:19am
As always, same setup, same rules.
=== 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
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 9 KB

(M1 entry's in the direction of H4 crossover.)
  • #140,862
  • Jun 19, 2023 6:40am Jun 19, 2023 6:40am
Quoting eelfranz
Alright all you party animals trying to recover from last night... or longer... Last couple of pages has covered many different topics... well, touched base anyway.... 2scoops... on post 2594... 2scoops asked me a long time ago what would be the most beneficial to learning this method for higher success... The answer was simple... study old charts for set ups... now strip down everything on that chart at that point... trends, angles, S/R levels, News times, Stoch angle within the 20-80 lines..etc. Burn it into your memory... I spent 2...
#2617
<>
2scoops asked me a long time ago what would be the most beneficial to learning this method for higher success... The answer was simple... study old charts for set ups... now strip down everything on that chart at that point... trends, angles, S/R levels, News times, Stoch angle within the 20-80 lines..etc. Burn it into your memory... I spent 2 years doing that.... so what does that mean?

It takes me 15 seconds to strip a chart down to nothing including the TDI & Stoch's. Taking clean trades is a breeze for me... why?

Read above...
<>

Like always, follow Post #647

GC H4 ... London session
- H4 big candle and small candles ... CONSOLIDATION ... no trade

- strip the TDI and Stoch ... fewer rules and no need to refresh chart nonsense... making trade decison much easier with fewer rules and taking clean trade is a breeze following just the price action of the HA candles above or below its 5EMA, Close, +2.

Attached Image (click to enlarge)
Click to Enlarge Name: GC Jun19 H4 Master Candle consolidation 19-6-2023 7-29-49 pm.png Size: 38 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,863
  • Jun 19, 2023 6:48am Jun 19, 2023 6:48am
Example of #3689
Attached Image (click to enlarge)
Click to Enlarge Name: Big E #3689(2).png Size: 59 KB



XAU Jun19 H4 consolidation and H1 Double Inside Bar breakout

- once you learn this and have the confidence you can trade without both Stoch and TDI
#2617

- you will achieve higher success quicker

Attached Image (click to enlarge)
Click to Enlarge Name: XAU Jun 19 H1 DIB breakout 19-6-2023 7-41-56 pm.png Size: 35 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,864
  • Jun 19, 2023 7:37am Jun 19, 2023 7:37am
Quoting emmanuel7788
Example of #3689 {image} XAU Jun19 H4 consolidation and H1 Double Inside Bar breakout - once you learn this and have the confidence you can trade without both Stoch and TDI #2617 - you will achieve higher success quicker {image} ...

for the moving average, do you still use the 5 ma 2offset hlc3 ?
  • #140,865
  • Jun 19, 2023 10:06am Jun 19, 2023 10:06am
Quoting korosh1350
{quote} hi patricc do you trade h1 or h4 or both?

The main trade time frame is always the 1h but i check support and resitance in the 4h and daily time frame before i make a trade-
  • #140,866
  • Jun 19, 2023 7:04pm Jun 19, 2023 7:04pm
Quoting inuuu
{quote} for the moving average, do you still use the 5 ma 2offset hlc3 ?
@inuuu

Yes. That 5EMA, Typical Price, Shift+2 is one of the key component of Big E' 5-Method.

the slope of the 5EMA would be a bonus when there is a A+++ setup and we pick the setup candle ... post #1718

observe the price action when there are swing high / swing low true reversals, the 5EMA will point to the direction of the setup ...post #261 > basics of TMS 5-Method

once you have learned and mastered the many PA setups with statistical edge and developed full confidence trading those PA setups, you will no longer need the TDI.

But the full version of the TDI do provide you a lot of other information of the market type conditions especially the yellow lines MBL and blue bands VB , and the 30,50 and 70 levels.

AJ Jun 20 H4

Let's study this AJ this week and wait for the next best setup and test our skills using post #647

Attached Image (click to enlarge)
Click to Enlarge Name: AJ Jun20 H4 MC3 20-6-2023 7-46-43 am.png Size: 38 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,867
  • Jun 19, 2023 7:07pm Jun 19, 2023 7:07pm
Quoting patricc
{quote} The main trade time frame is always the 1h but i check support and resitance in the 4h and daily time frame before i make a trade-
Excellent !

Attached Image (click to enlarge)
Click to Enlarge Name: hand reaching the peak.png Size: 148 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,868
  • Edited 7:38pm Jun 19, 2023 7:27pm | Edited 7:38pm
Quoting Tekkies
As always, same setup, same rules. === 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} (M1 entry's in the direction of H4 crossover.)

hey @Tekkies

when you want to trade with multiple entries on H4 do not add ME position in the same H4 4hr period. You increase the risk per trade basket doing this. Remember TMS MEME is a money management strategy with focus on the risk control.

also, we do not trade TMS MEME when the Weekly market condition is sideways narrow ranging ... this is important when we decide when to trade TMS MEME.

TMS MEME simple rule is to place the first entry using the H4 setup i.e. HA candle close above or below its 5EMA, then the next add-on orders will have to fulfill these simple rules conditions,

1) the next add-on ME position must at a distance of 0.5ADR(100 days) from the first and/or the previous last order ,

2) the time duration between orders is 4-hours minimum from the last order placed,

3) the order / position size is based on the same initial Stop Loss 'R' of the first order ,

4) you manage the basket of open orders with its average entry price AEP of the basket.

5) limit each basket to maximum five(5) orders

>>> follow these simple rules for a start and learn more,...

>>> I will share more advanced MEME how to trade with multiple baskets and grow an account ..

Attached Image (click to enlarge)
Click to Enlarge Name: XAU Jun20 sideways market type 20-6-2023 8-14-07 am.png Size: 40 KB


*** do not use M1 for add-on ME orders. Use M5 setup entry is the best and also check for spread in low liquidity market.


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,869
  • Jun 19, 2023 11:55pm Jun 19, 2023 11:55pm
Quoting emmanuel7788
{quote} #2617 <> 2scoops asked me a long time ago what would be the most beneficial to learning this method for higher success... The answer was simple... study old charts for set ups... now strip down everything on that chart at that point... trends, angles, S/R levels, News times, Stoch angle within the 20-80 lines..etc. Burn it into your memory... I spent 2 years doing that.... so what does that mean? It takes me 15 seconds to strip a chart down to nothing including the TDI & Stoch's. Taking clean trades is a breeze for me... why? Read above......

GC Jun20 H4 9min 33 sec to the next H4 new candle ... Pacific 9:50pm

> I see the swing low with the previous 5 bars/candles .. the Stoch %K crossed %D is the signal but the price pulled back and the TDI green line did not cross the red line...

> so I wait for the best A+++ setup conditions when I use the TDI for confirmation of the PA setup

> IF I do not use the TDI, then I want to see the PA of this current H4 candle to make higher high + higher Close then this would be the momentum setup candle and the entry would be the next H4 candle ...


Attached Image (click to enlarge)
Click to Enlarge Name: GC Jun20 H4 bar0_000933 20-6-2023 12-50-29 pm.png Size: 38 KB



>>>


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,870
  • Jun 19, 2023 11:58pm Jun 19, 2023 11:58pm
Quoting emmanuel7788
{quote} @inuuu Yes. That 5EMA, Typical Price, Shift+2 is one of the key component of Big E' 5-Method. the slope of the 5EMA would be a bonus when there is a A+++ setup and we pick the setup candle ... post #1718 observe the price action when there are swing high / swing low true reversals, the 5EMA will point to the direction of the setup ...post #261 > basics of TMS 5-Method once you have learned and...

thanks for your kind answer!
  • #140,871
  • Jun 20, 2023 12:02am Jun 20, 2023 12:02am
Quoting emmanuel7788
{quote} GC Jun20 H4 9min 33 sec to the next H4 new candle ... Pacific 9:50pm > I see the swing low with the previous 5 bars/candles .. the Stoch %K crossed %D is the signal but the price pulled back and the TDI green line did not cross the red line... > so I wait for the best A+++ setup conditions when I use the TDI for confirmation of the PA setup > IF I do not use the TDI, then I want to see the PA of this current H4 candle to make higher high + higher Close then this would be the momentum setup candle and the entry would be the next H4 candle..

Attached Image (click to enlarge)
Click to Enlarge Name: GC Jun20 H4 bar0_000933 20-6-2023 12-50-29 pm.png Size: 38 KB



.
GC Jun 20 H4 update:

- new H4 opens, the TDI hook over

> no trade if you based on TDI signal...

Attached Image (click to enlarge)
Click to Enlarge Name: GC Jun20 H4 new TDI hook over 20-6-2023 1-00-33 pm.png Size: 38 KB




...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,872
  • Jun 20, 2023 12:07am Jun 20, 2023 12:07am
Quoting emmanuel7788
{quote} GC Jun 20 H4 update: - new H4 opens, the TDI hook over > no trade if you based on TDI signal... {image} ... {image}

GC Jun20 H4 TMS-II trading

- my bias is Weekly and Daily

- no H4 setup right now

- wait for H1 setup during the current 4hr trade window

- M5 to time the entry

> follow simple rules with Price Action , use the HA candles and its 5EMA... and take clean trades.


Attached Image (click to enlarge)
Click to Enlarge Name: GC Jun20 H4 TMS-II PDT 10PM 20-6-2023 1-00-04 pm.png Size: 34 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,873
  • Jun 20, 2023 2:46am Jun 20, 2023 2:46am
Quoting emmanuel7788
{quote} GC Jun20 H4 TMS-II trading - my bias is Weekly and Daily - no H4 setup right now - wait for H1 setup during the current 4hr trade window - M5 to time the entry > follow simple rules with Price Action , use the HA candles and its 5EMA... and take clean trades. {image} ...

GC Jun20 TMS-II trade

- FO provide the H1 setup BUEOB during the 4hr candle

- quick exit +10pips


Attached Image (click to enlarge)
Click to Enlarge Name: GC Jun20 H4 TMS-II TP1 exit 20-6-2023 3-13-18 pm.png Size: 31 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,874
  • Jun 20, 2023 6:11am Jun 20, 2023 6:11am
Quoting emmanuel7788
{quote} GC Jun20 TMS-II trade - FO provide the H1 setup BUEOB during the 4hr candle - quick exit +10pips {image}
Attached Image (click to enlarge)
Click to Enlarge Name: GC Jun20 H4 TMS-II TP1 exit 20-6-2023 3-13-18 pm.png Size: 31 KB



...

GC Jun20 TMS-II trade update:

- trade exit with Capital Protection when price pulled back

Attached Image (click to enlarge)
Click to Enlarge Name: GC Jun20 H4 TMS-II CP stopped out BE 20-6-2023 4-07-26 pm.png Size: 29 KB




...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,875
  • Jun 20, 2023 6:16am Jun 20, 2023 6:16am
AJ Jun 20 TMS-II trade

- H4 Master Candle consolidation breakout and ATR trigger

- quick exits and stopped out by the pull back

- re-entry done and now taken profits with exits TP1 +10 pips and TP2 +25 pips


Attached Image (click to enlarge)
Click to Enlarge Name: AJ Jun20 H4 TMS-II Master Candle breakout 20-6-2023 7-14-10 pm.png Size: 30 KB




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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,876
  • Jun 20, 2023 6:23am Jun 20, 2023 6:23am
Be prepared for some good trades the rest of this week.

> CHF pairs SNB action

> EUR crosses and GBP crosses


Attached Image (click to enlarge)
Click to Enlarge Name: FF Cal Jun20 to 23 20-6-2023 3-22-37 pm.png Size: 39 KB




...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,877
  • Jun 20, 2023 6:41am Jun 20, 2023 6:41am
Quoting emmanuel7788
{quote} GC Jun20 TMS-II trade update: - trade exit with Capital Protection when price pulled back {image} ... {image}

GC Jun20 H4 TMS-II

- after buy trades got stopped out

- I watch the H1 price action and there was a strong reversal during the next H4 4hr trade window

- jumped in without hesitation

- quick TMS-II exits TP1 +10pips and TP2 +25 pips

Attached Image (click to enlarge)
Click to Enlarge Name: GC Jun20 sell TMS-II exits TP2 20-6-2023 7-07-01 pm.png Size: 36 KB




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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,878
  • Jun 20, 2023 6:46am Jun 20, 2023 6:46am
Quoting emmanuel7788
{quote} hey @Tekkies when you want to trade with multiple entries on H4 do not add ME position in the same H4 4hr period. You increase the risk per trade basket doing this. Remember TMS MEME is a money management strategy with focus on the risk control. also, we do not trade TMS MEME when the Weekly market condition is sideways narrow ranging ... this is important when we decide when to trade TMS MEME. TMS MEME simple rule is to place the first entry using the H4 setup i.e. HA candle close above or below its 5EMA, then the next add-on orders will...

Those who trade the H4 TDI cross today are in trouble now...

Attached Image (click to enlarge)
Click to Enlarge Name: XAU Jun20 H4 TDI cross 20-6-2023 7-42-47 pm.png Size: 49 KB


> there is no potential for a +2R trade under these Weekly and Daily sideways market conditions

> we look for trades with statistical edge

Attached Image (click to enlarge)
Click to Enlarge Name: 2R Expectancy.png Size: 46 KB





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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,879
  • Jun 20, 2023 7:02am Jun 20, 2023 7:02am
Quoting emmanuel7788
{quote} Those who trade the H4 TDI cross today are in trouble now... {image} > there is no potential for a +2R trade under these Weekly and Daily sideways market conditions > we look for trades with statistical edge {image} ...
Ranging markets are the worst, it is a slaughter for the traders, suffered three losses yesterday on that pair .
  • #140,880
  • Jun 20, 2023 7:11am Jun 20, 2023 7:11am
GU Jun20 H4 at New York Open now

- you know the risks

Attached Image (click to enlarge)
Click to Enlarge Name: GU Jun20 H4 at NYO 20-6-2023 8-06-10 pm.png Size: 30 KB




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