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Trading Made Simple the right way, and other trading lessons 334 replies

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Trading Made Simple

  • #140,921
  • Jun 22, 2023 5:14am Jun 22, 2023 5:14am
We are testing the system
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  • #140,922
  • Jun 22, 2023 5:21am Jun 22, 2023 5:21am
Quoting Tekkies
{quote} Hi. Been reading your monolog with interest. BigE left behind a powerful method. Study, learn from only his posts (BigE fill.pdf) in this thread how to trade with TDI crossover. Use the indicators in post#25. Basically BigE's posts can be summed up as > 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. (This post is important, those few basic...
The truth is that I hear a lot that the publication number such or such a publication as I can locate or search for that specific publication that I see is important to understand
  • #140,923
  • Jun 22, 2023 7:17am Jun 22, 2023 7:17am
Quoting Btmm-eficas
{quote} The truth is that I hear a lot that the publication number such or such a publication as I can locate or search for that specific publication that I see is important to understand
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Post 647
  • #140,924
  • Jun 22, 2023 7:56am Jun 22, 2023 7:56am
Quoting Btmm-eficas
{quote} The truth is that I hear a lot that the publication number such or such a publication as I can locate or search for that specific publication that I see is important to understand
It is important.
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  • #140,925
  • Jun 22, 2023 7:59am Jun 22, 2023 7:59am
I forget to make a screen when I enter in the trade, why and etc, I respect the method anyway, this is what matters.
I will post just the trade what I’m in and what I close so far.
I have one week with this system, next month I will trade normal, now I just test the water so to speak.
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  • #140,926
  • Jun 22, 2023 7:29pm Jun 22, 2023 7:29pm
BOE Bank Rate June 22

- that spike was nasty for those who blindly trade Daily TDI green line crossed red line

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,927
  • Jun 22, 2023 7:33pm Jun 22, 2023 7:33pm
Quoting emmanuel7788
{quote} USDCAD Jun22 next target ... 13090 {image} - mind the bounces

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...

USDCAD Jun23

- PA confirmed the ___________________ .


- 13100 is good for today

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,928
  • Jun 22, 2023 8:12pm Jun 22, 2023 8:12pm
Quoting eelfranz
Your safest trades will always be when green crosses red and you enter on candle 1 or 2... odds are in your favor. Why? Because I'm expecting 3-8 candles... which is average... With bounce trades the odds are lower for your success... but it still works. When wanting to enter a TDI trade... take a moment first to observe basic 4x things... like: How close am I to the previous high or lo Am I in an uptrend or downtrend.. short & long term... Am I in or close to a consolidation area Are the previous candles small... Look at the candles on the last...
#647
When wanting to enter any 5-Method trade... take a moment first to observe basic forex things... like:

  1. How close am I to the previous high or lo ...swing highs/swing lows
  2. Am I in an uptrend or downtrend.. short & long term...... Daily and Weekly market type conditions
  3. >>> Am I in or close to a consolidation area ... current PA high-low range
  4. Are the previous candles small... check the AH candles body size and wicks
  5. Look at the candles on the last reversal... big, little, what... true reversals swings
  6. How does the momentum look right now (12-2, 4-6) ... PA engulfing bars/candles

GA H4 Master Candle indicates price action in consolidation area

> do not trade this current chart timeframe

***newbies make this common mistake over and over again for more then 7 long years***

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,929
  • Jun 22, 2023 8:16pm Jun 22, 2023 8:16pm
Quoting Btmm-eficas
{quote} The truth is that I hear a lot that the publication number such or such a publication as I can locate or search for that specific publication that I see is important to understand
the truth by @Tekkies ... Feb20, 2017

#76,129
<>
BigE have left a void behind that members need to full on their own. Emmanuel filled that void and did it very good.
Somewhere along the way he lost track that he is dealing here mostly with members that do not know how to trade at all.
Members that have learned from BigE and emmanuel have moved on and left this forum. Most probable successful traders in own right. Those old members are replace by new members that do not know how to trade.
Every couple of days / weeks the cycle repeat it self. So after many years the level of traders in this thread is still at the level of a new member.
The subject / topic's that emmanuel is posting now is advance forex trading.
How long did it take you to understand all the point's in post#647. I did not even looked at ME/ME for that level of trading is above me and the little I know.
Do I enjoy those post fighting with emmanuel about keeping it BigE's way. No I do not.

Anway, yes let us discuss #647 in a way the members new to this thread can understand

<>
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,930
  • Jun 22, 2023 8:21pm Jun 22, 2023 8:21pm
Quoting emmanuel7788
{quote} #647 When wanting to enter any 5-Method trade... take a moment first to observe basic forex things... like: How close am I to the previous high or lo ...swing highs/swing lows Am I in an uptrend or downtrend.. short & long term...... Daily and Weekly market type conditions >>> Am I in or close to a consolidation area ... current PA high-low range Are the previous candles small... check the AH candles body size and wicks Look at the candles on the last reversal... big, little, what... true reversals swings How does the momentum look right...

Another example of Master Candle consolidation

EA Jun23 H4

> not for beginners ... but for intermediate+ {link} and advanced traders...

> for higher success ... follow simple rules for entries and exits #2617 get rid of both the Stoch and TDI

> PA for entries and exits with statistical edge using risk 'R" and R-Multiple Exits

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> buy with 'support' 1.61438 and %risk R with Position Sizing.

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,931
  • Jun 22, 2023 11:48pm Jun 22, 2023 11:48pm
Quoting emmanuel7788
{quote} la verdad por @Tekkies... 20 de febrero de 2017 #76,129 <> BigE ha dejado un vacío que los miembros necesitan llenar por su cuenta. Emmanuel llenó ese vacío y lo hizo muy bien. En algún momento del camino, perdió la cuenta de que aquí está manejando principalmente con miembros que no saben comerciar en absoluto. Los miembros que han aprendido de BigE y Emmanuel han seguido y han dejado este foro. Comerciantes exitosos más probables por derecho propio. Esos antiguos...
I was studying much of everything published by Big-E of the system. I like this trading system it's simple no need to complicate it and i won't that's why i will backtest 2 years in a 4 hour period just applying price action to gain confidence a backtest no indicators nothing just price action. I have advanced knowledge of advanced ICT, so I have a good understanding of OB price action, Liquidity, Mitigation, price manipulation, expansion and distribution, daily and weekly price patterns. I will keep the system simple with its rules, but from my own perspective and visualization I will apply the price action and I do not think that this is going to harm the system that is already profitable by itself.
  • #140,932
  • Jun 23, 2023 12:03am Jun 23, 2023 12:03am
[quote=emmanuel7788;14472619]{quote} Otro ejemplo de consolidación de Master Candle EA Jun23 H4 > no para principiantes... pero para operadores intermedios+ { link } y avanzados... > para mayor éxito... siga reglas simples para las entradas y las salidas #2617 se deshacen tanto de Stoch como de TDI > PA para entradas y salidas con ventaja estadística utilizando el riesgo 'R" y R-Multiple Exits {imagen} > comprar con 'soporte' 1.61438 y % de riesgo R con tamaño de posición. { imagen} ...[/cita]

I think this explains the risk/benefit but as looking at it from my own perspective I don't understand the image well
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  • #140,933
  • Jun 23, 2023 2:40am Jun 23, 2023 2:40am
EU Jun23 H4 TMS-II trade

- H4 triggered the ATR stop

- simple entry H1 when Frankfurt Open

- weaker PMI data send Euro lower

- TMS-II exits TP1 +10pips, TP2 +25pips and TP3 50pips

- now wait for the final exit

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,934
  • Jun 23, 2023 4:27am Jun 23, 2023 4:27am
EC Jun23 H4 TMS-II trades

- simple rule ...ATR stop trigger and entry

- TMS-II exits TP1 +10pips, TP2 +25pips and TP3 +50pips

- now going for BRN 14300 exit +100pips

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,935
  • Jun 23, 2023 7:17am Jun 23, 2023 7:17am
[quote=emmanuel7788;14473145]EC Jun23 H4 TMS-II trades - simple rule ...ATR stop trigger and entry - TMS-II exits TP1 +10pips, TP2 +25pips and TP3 +50pips - now going for BRN 14300 exit +100pips {image} ...[/quote

Emmanuel, what is this blue ema/ma what you use on your main chart ?
And for what do you use or how you use all the time frames and ema/ma what you have on these chart, on the right side.
  • #140,936
  • Jun 23, 2023 7:34am Jun 23, 2023 7:34am
[quote=inuuu;14473333]
Quoting emmanuel7788
EC Jun23 H4 TMS-II trades - simple rule ...ATR stop trigger and entry - TMS-II exits TP1 +10pips, TP2 +25pips and TP3 +50pips - now going for BRN 14300 exit +100pips {image} ...[/quote Emmanuel, what is this blue ema/ma what you use on your main chart ? And for what do you use or how you use all the time frames and ema/ma what you have on these chart, on the right side.
LOL!
To free Gazans of Hamas, use whatever it takes.
  • #140,937
  • Jun 23, 2023 7:58am Jun 23, 2023 7:58am
XAU Jun23 M5 ... lots of M5 trades with good R:R

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,938
  • Jun 23, 2023 8:01am Jun 23, 2023 8:01am
Quoting emmanuel7788
{quote} Another example of Master Candle consolidation EA Jun23 H4 > not for beginners ... but for intermediate+ {link} and advanced traders... > for higher success ... follow simple rules for entries and exits #2617 get rid of both the Stoch and TDI > PA for entries and exits with statistical edge using risk 'R" and R-Multiple Exits {image} > buy with 'support' 1.61438 and %risk R with Position Sizing....

EA Jun23 H4 TMS-II trade

- when H4 is in consolidation I trade with M5 entry in the consolidation range

- TMS-II exits TP1 +10pips, TP2 +25 pips and TP3 +50 pips

- now wait for exit_4


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Click to Enlarge Name: EA Jun23 H4 TMS-II trades update TP3 exits 23-6-2023 2-03-52 pm.png Size: 32 KB




...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,939
  • Jun 23, 2023 8:08am Jun 23, 2023 8:08am
[quote=inuuu;14473333]
Quoting emmanuel7788
EC Jun23 H4 TMS-II trades - simple rule ...ATR stop trigger and entry - TMS-II exits TP1 +10pips, TP2 +25pips and TP3 +50pips - now going for BRN 14300 exit +100pips {image} ...[/quote Emmanuel, what is this blue ema/ma what you use on your main chart ? And for what do you use or how you use all the time frames and ema/ma what you have on these chart, on the right side.

@inuuu

that is volatility ATR based MA to show the Price Action above or below for buy and sell direction.

when the market is trending the MA will rise and fall based on the ATR of the chart timeframe,

when market stop trending and go sideways, the ATR based MA will be flat, etc.

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #140,940
  • Jun 23, 2023 8:22am Jun 23, 2023 8:22am
[quote=emmanuel7788;14473428]
Quoting inuuu
{quote} @inuuu that is volatility ATR based MA to show the Price Action above or below for buy and sell direction. when the market is trending the MA will rise and fall based on the ATR of the chart timeframe, when market stop trending and go sideways, the ATR based MA will be flat, etc. {image} ...
You can let the indicator here for me ?
thanks for your answer!
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