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Trading Made Simple

  • #144,141
  • Nov 21, 2023 11:46pm Nov 21, 2023 11:46pm
Quoting emmanuel7788
{quote} On going discussions goring on in two Telegram groups ... - some want to buy - some others want to sell - which one is correct will make money EJ Nov 22 {image} ...

Price Action ... Price Action .... Price Action

> Learn to read your candles


EJ Nov 22 H4


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #144,142
  • Nov 22, 2023 2:50am Nov 22, 2023 2:50am
"Stoch signal changed and TDI signal changed too"
What a remarkable observation. Must be the most important discovery every made by a trader that when indicator change another indicator will also change.
Must be some major bullshit posting!!!

Looking at Post 144,138 > "which one is correct will make money" (Other remarkable observation).

Anyway, with all those indicators that clutter the chart, it is difficult to see what EURJPY is trying to show you. Remove some of those indicators for a better view and understanding.
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Here are some of BigE's posts to use when you look at that chart and you will understand why those Telegram groups are in utter confusement.

Post 2 > Note on the TDI showing your entry set ups... green crossing red enter on that new PA candle...
Post 5 > Folks were getting confused by mixing up rules from different methods so this thread will only be about the 5 method.
Post 6 > Entries and exits...
We Enter a trade when green crosses red on the TDI at the beginning of that candle... If it's candle 3 or more don't enter... find another trade set up. The only exception is if green bounces off red and continues... it's ok to re-enter on the bounce...
Exit your trade when the green TDI line goes flat, starts to hook over or makes a check mark reversal.
If you add other things it will influence your decisions... usually to your detrament. Don't try to complicate it thinking it can't be this easy.
Important to study TDI entries on old charts, any time frame... Give yourself a chance and trade it like it's layed out...
Post 11 > My page when I open up my charts has 8 open charts. I just glance at the TDI for set ups when the new candle opens... If I see a set up... green just crossing red I'll take the trade, turn off the puter and go to bed. Four hours later (1:50am) my alarm goes off for the new candles and I take a peek... if I see a new set up I'll enter and go back to bed with the last alarm at 5:50am my time. I close all trades at that time and go back to sleep... There are enough set ups in a normal week to make 200-500 pips... Stress is zero...
Post 14 , Post 15, Post 25 > Pick the inicator you would like to use.
Post 49 > HA candles average a 3-8 candle run in most cases when it reverses... That's why I want to enter on candle 1 or 2 if I see a set up. A single candle on the 4hr nets you 30-60 pips or more generally. If it goes 3-4 candles you've already made 80-150 pips.
Post 52 > Which direction to trade the TDI... Is it going up (long) or coming down (short)... that's the direction to trade.
Post 54 > Wait for green to CROSS RED and open your trade at the beginning of the new candle... usually candle 1 or 2.

Do the same with the rest of BigE's posts.
  • #144,143
  • Nov 22, 2023 3:09am Nov 22, 2023 3:09am
Quoting Tekkies
"Stoch signal changed and TDI signal changed too" What a remarkable observation. Must be the most important discovery every made by a trader that when indicator change another indicator will also change. Must be some major bullshit posting!!! Looking at Post 144,138 > "which one is correct will make money" (Other remarkable observation). Anyway, with all those indicators that clutter the chart, it is difficult to see what EURJPY is trying to show you. Remove...
hey clown

you missed the PA setup ... while you are following lagging indicators.

try learn from the OP ' post #2617 and get rid of that lagging TDI.

while you follow lagging indicators you will continue to lose money the way are have been here for 7+years chasing after TDI green line cross red line.


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #144,144
  • Nov 22, 2023 3:12am Nov 22, 2023 3:12am
Quoting emmanuel7788
{quote} @Tekkies the clown Read Big E' post in its entirety and learn to check EVERYTHING ... not just TDI signal.... check EVERYTHING includes post #281 the Daily candles Price Action and post#647 medium term trend - today at Frankfurt Open I see the 4H continuation setup with PA below its 5EMA - the Daily candle confirms a Swing High ... True REVERSAL - entry 4Hr 0800 - profits +20pips, +35pips, +55pips {image}

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...

today's trade UPDATE

- TMS II two exits

TP1 +10pips,

TP2 +20 pips

now locked for exit #3

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #144,145
  • Nov 22, 2023 3:14am Nov 22, 2023 3:14am
Quoting Tekkies
"Stoch signal changed and TDI signal changed too" What a remarkable observation. Must be the most important discovery every made by a trader that when indicator change another indicator will also change. Must be some major bullshit posting!!! Looking at Post 144,138 > "which one is correct will make money" (Other remarkable observation). Anyway, with all those indicators that clutter the chart, it is difficult to see what EURJPY is trying to show you. Remove...

hey clown

No need to quote so many of the OP' post just for simple price action

learn to read your candles

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Learn to trade PA when the price breaks the small candle Doji

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #144,146
  • Nov 22, 2023 3:18am Nov 22, 2023 3:18am
For this strategy, is there a robot to close the order? Example: When selling, if the price closes above the average of 5 moved to +2, close the order. When purchasing, the opposite.
  • #144,147
  • Nov 22, 2023 3:36am Nov 22, 2023 3:36am
Trading Made Simple .... the next 4 hours according to post #1 Pacific 2AM London 10AM

- in about 26 minutes

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #144,148
  • Nov 22, 2023 6:16am Nov 22, 2023 6:16am
Quoting emmanuel7788
{quote} hey clown No need to quote so many of the OP' post just for simple price action learn to read your candles {image} Learn to trade PA when the price breaks the small candle Doji {image} ...
How come your telegram groups don't know when to sell or buy?

Is it that your post's contain no continuation in them?
In previous post's you were all fired-up about Stoch, now you refer to post#2617 that clearly state to remove everything including your wonderful Stoch.
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>Make up your mind Vincent, your are all over the place.
In short > stop posting bullshit
  • #144,149
  • Nov 22, 2023 8:31am Nov 22, 2023 8:31am
Quoting thameemnf
{quote} Hi tommydoginiti, Peace be upon you. can you please share TMS indicator for Tradingview. Thanks.
Hi thameemnf,

welcome to TMS thread. My indicator is just TDI with PA as of #647 coded.

I do not share my current TMS indicator as it took time and effort, plus there is no incentive for me to do that. However, sharing an old version is possible, which applies few of BigE's TMS rules
Previous Highs and Lows
3-8 candles as defined trend
TDI 32/68 retrace

Traders can manually analyze the chart and come to same result as of the aid from the indicator. This is just to reduce chart time further for myself.

Please note that this is not the current version I am using. With other TMS elements like Last Reversals and price momentum, the analysis is different (as it is more for trading away from price levels, rather than just HHHL/LHLL trend following) . But ultimately, trading timing will be rely on TDI green cross red, which is heart of the TMS method.

*middle panel is old version
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Trade well.
  • #144,150
  • Nov 22, 2023 8:37am Nov 22, 2023 8:37am
Quoting tommydoginti
{quote} Hi thameemnf, welcome to TMS thread. My indicator is just TDI with PA as of #647 coded. I do not share my current TMS indicator as it took time and effort, plus there is no incentive for me to do that. However, sharing an old version is possible, which applies few of BigE's TMS rules Previous Highs and Lows 3-8 candles as defined trend TDI 32/68 retrace Traders can manually analyze the chart and come to same result as of the aid from the indicator. This is just to reduce chart time further for myself. Please note that this is not the current...
TMS trade setups

TDI cross signals with Price Action confirmation (post #647)
Previous Highs and Lows
Trend
Rejections

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  • #144,151
  • Nov 22, 2023 8:40am Nov 22, 2023 8:40am
Quoting tommydoginti
{quote} Hi thameemnf, welcome to TMS thread. My indicator is just TDI with PA as of #647 coded. I do not share my current TMS indicator as it took time and effort, plus there is no incentive for me to do that. However, sharing an old version is possible, which applies few of BigE's TMS rules Previous Highs and Lows 3-8 candles as defined trend TDI 32/68 retrace Traders can manually analyze the chart and come to same result as of the aid from the indicator. This is just to reduce chart time further for myself. Please note that this is not the current...
@tommy

Thank you very much for reply. GOD bless
TRUST IN GOD, God is Running Everything.
  • #144,152
  • Nov 22, 2023 6:13pm Nov 22, 2023 6:13pm
Quoting romulorios
For this strategy, is there a robot to close the order? Example: When selling, if the price closes above the average of 5 moved to +2, close the order. When purchasing, the opposite.

@romulorios

do you mean like in this example EJ Daily sell exit when the PA closes above the 5EMA, Typical Price, Shift+2 ?


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #144,153
  • Nov 22, 2023 6:28pm Nov 22, 2023 6:28pm
Quoting emmanuel7788
{quote} On going discussions going on in two Telegram groups ... - some want to buy - some others want to sell - which one is correct will make money EJ Nov 22 {image} ...
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EJ Nov23 UPDATE:

- H4 price action above its 5EMA ...

- while the Daily retraced

- Weekly Trend 2/8 remains bullish


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #144,154
  • Nov 22, 2023 6:36pm Nov 22, 2023 6:36pm
Quoting emmanuel7788
{quote} Are you bull or bear ? EurChf Nov 22 - Weekly are more bulls - Daily look more like it is Sideways choppy and in favour of bears {image} DO NOT trade blindly like that @Tekkies ... making the same newbie mistakes and repeating the same mistakes for 7+ years > learn to be like the OP ... learn to check EVERYTHING ... check other timeframes, check other templates, etc. > how many templates do you have in your MT4 profile? the OP had 19 templates {image} .
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.
EurChf Nov23 UPDATE:

- H4 bears made money

- Daily bears made money

- Weekly bulls must wait for .... AEP

> according to the OP only the pigs got slaughtered trading those trash timeframes ... #119 ... #949 ... #3843 ... more ...


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #144,155
  • Nov 22, 2023 6:45pm Nov 22, 2023 6:45pm
Quoting emmanuel7788
{quote} {image}


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #144,156
  • Nov 22, 2023 6:55pm Nov 22, 2023 6:55pm
Price Action + MOMENTUM is the core of the 5-Method ... the heart of the 5-Method.

GbpUsd Nov 23

- Weekly are bulls

- Daily is sideways ... consolidation ...

- H4 is sideways ... consolidation with big candle , small candles ... post#647

- TMS V19 EA has all the information using post #261 and post#647 as one key element of the 5-Method

- Trading Made Simple aka TMS is just a name chosen as this thread title and misleading newbies ... this thread is not for newbies and beginners... OP' post #3805





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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #144,157
  • Nov 22, 2023 7:03pm Nov 22, 2023 7:03pm
UsdCad Nov 23 H4

- swing high PCRF

- but not the best market session to trade now but anything can happen

- plus there are other risks to consider



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #144,158
  • Nov 22, 2023 11:09pm Nov 22, 2023 11:09pm
For all the TMS 5-Method purists,

post #261 and #647

NzdUsd Nov23 H4

- a good Price Action setup with Stoch and TDI confirmation

> for those who have mastered the 5-Method, it is a basic PASR setup with swing low and big candle, small candle Mother Bar/Inside Bar breakout with True REVERSAL .




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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #144,159
  • Nov 22, 2023 11:21pm Nov 22, 2023 11:21pm
TMS Monitor as your trading tool saves you a lot of time to check so many charts for trades

- when you see C-Slope show '0' ... its means the last candle close with no momentum ... mostly like a Doji type candle

- what you do is look at the previous candle close and the P-Slope

- then check your chart if you have a trade plan for that pair

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Click to Enlarge Name: TMS Mon Nov23 H4 23-11-2023 1-16-52 pm.png Size: 18 KB


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #144,160
  • Nov 22, 2023 11:23pm Nov 22, 2023 11:23pm
Quoting emmanuel7788
UsdCad Nov 23 H4 - swing high PCRF - but not the best market session to trade now but anything can happen - plus there are other risks to consider {image}

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...

UsdCad Nov23 H4 UPDATE:

- good to go if you follow Price Action

- Stoch %K cross %D at 50-level confirms the swing high with True REVERSAL candle setup

- TDI' RSI green price line confirms later the PA setup

- the next H4 candle closed Doji and the TDI green price line is flat


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