{quote} Price Action ... bounce 4.7 slope tweek 0.6 to 5.3
{image}
...
USDCHF Dec 21
- that bounce 4.7 was good
- will be making new 2023 low today ...
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #144,821
- Dec 21, 2023 5:44am Dec 21, 2023 5:44am
- Joined Nov 2008 | Status: Trader | 50,200 Posts
USDCHF Dec 21
- that bounce 4.7 was good
- will be making new 2023 low today ...
...
- #144,822
- Dec 21, 2023 5:51am Dec 21, 2023 5:51am
- Joined Nov 2008 | Status: Trader | 50,200 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #144,823
- Dec 21, 2023 5:58am Dec 21, 2023 5:58am
- Joined Nov 2008 | Status: Trader | 50,200 Posts
{quote} Sideways narrow range market type conditions ... fake move and Candle Pattern #3 reversal {image} Trending market type conditions ... price paused, pulled back and reverse in the direction of the trend/swing continuation Candle Pattern #1 {image} ... these are the 3 candle patterns coded in TMS_V19 EA with alert. I have several more Price Action setups which are not included in TMS_V19 EA. ...
> Is this Candle Pattern #3 ?
- NO.
- looks like but too risky with GDP data released.
- IF you look at H4, its can be Candle Pattern #2
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #144,824
- Dec 21, 2023 6:01am Dec 21, 2023 6:01am
- Joined Nov 2008 | Status: Trader | 50,200 Posts
{quote} Reply to Telegram groups: > Is this Candle Pattern #3 ? - NO. - looks like but too risky with GDP data released. - IF you look at H4, its can be Candle Pattern #2 {image} {image}
Candle Pattern #2 is Big E' favourite reversal setup
GU Dec 21 H4 post- US GDP
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #144,825
- Dec 21, 2023 6:09am Dec 21, 2023 6:09am
- Joined Nov 2008 | Status: Trader | 50,200 Posts
Dec 21 New York Open *8AM > caution NY 9:30am {image}
New York 9am UPDATE:
- just after GDP data release
- a few tweek signals so check your charts and look at the PA ... #1 important
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #144,826
- Dec 21, 2023 6:25am Dec 21, 2023 6:25am
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote} Hi ipop99, I agree with you. It should be easy to take screen shots of trades in progress. Just an example… {image} I am not against Emmanuel posting charts with no positions or live analysis, then post a hindsight chart with “closed positions”. These are just training charts. BigE did that. I did that when I traded on mobile but wanted to show desktop charts. So I am fine with Emmanuel doing that. I just think Emmanuel posting in this TMS thread advocating against TMS rules is idiotic especially with only hindsight “trades”. Traders who...
Previous Low rejected. Last rejection and previous highs indicates an uptrend in entry timeframe.
enter trade as TDI green crossed red up.
TP last high.
SL last low.
=========
Trading Made Simple 3 year summary
TMS Method rules: #144535
Performance track on an account (~950 trades / TMS setups): #144517 #129706
- #144,827
- Dec 21, 2023 6:33am Dec 21, 2023 6:33am
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote} Following BigE’s TMS method. Previous Low rejected. Last rejection and previous highs indicates an uptrend in entry timeframe. enter trade as TDI green crossed red up. TP last high. SL last low. {image} {image} {image} ========= Trading Made Simple 3 year summary TMS Method rules: #144535 Performance track on an account (~950 trades / TMS setups): #144517 #129706...
2nd trip of 4 in this 2 months, but will still trade once in a while.
- #144,828
- Dec 21, 2023 6:38am Dec 21, 2023 6:38am
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote} !00%, that is why I asked the question, thanks Vincent for the shit comment, water on a ducks back to me, nicely rectified, I enjoy this thread with its cocky comments, I look past them
As Lynnc mentioned, he is not here to help or trade BigE’s TMS method. Just read how much he disputes the TDI which is the main tool of TMS method.
I wouldn’t bother reading his posts.
trade well
- #144,829
- Dec 21, 2023 6:48am Dec 21, 2023 6:48am
- Joined Nov 2008 | Status: Trader | 50,200 Posts
GBPAUD Dec 21 PA BEOB
- nice !
..
- nice !
..
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #144,831
- Dec 21, 2023 6:49am Dec 21, 2023 6:49am
- Joined Nov 2008 | Status: Trader | 50,200 Posts
{quote} Because he is just a piece of ____ . As Lynnc mentioned, he is not here to help or trade BigE’s TMS method. Just read how much he disputes the TDI which is the main tool of TMS method. I wouldn’t bother reading his posts. trade well {image}
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #144,832
- Dec 21, 2023 7:01am Dec 21, 2023 7:01am
- Joined Nov 2008 | Status: Trader | 50,200 Posts
{quote} I am new to this thread and I can also confirm that his way of trading is different than BigE. Besides use higher time for entry exit, you will be stunned by results.
Good you are new here and you need to learn from Big E and trade like him.
See post #2 Training chart..
Do you see anyone here post trades and charts that follow that training chart ?
1st Trading Chart... Note on the TDI showing your entry set ups... green crossing red enter on that new PA candle... {image}
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #144,835
- Dec 21, 2023 9:38am Dec 21, 2023 9:38am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
{quote} Good you are new here and you need to learn from Big E and trade like him. See post #2 Training chart.. Do you see anyone here post trades and charts that follow that training chart ? {quote} {image} ...
You, yourself posted they are hindsight trading. > Post 144,730
- #144,836
- Dec 21, 2023 10:19am Dec 21, 2023 10:19am
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote} I am new to this thread and I can also confirm that his way of trading is different than BigE. Besides use higher time for entry exit, you will be stunned by results.
I have been trading BigE’s TMS for 3 years and documenting how TMS setups performs (not just my TMS trading result). It is a total of >1600 TMS setups recorded.
======
Trading Made Simple 3 year summary
TMS Method rules: #144535
Performance track on an account (~950 trades / TMS setups): #144517 #129706
About TMS entry accuracy.
BigE mentioned “TMS traders can start out with 65% win rate”, by entering trades at TDI signals with Price Action confirmation.
One aspect of TMS setup I recorded is the accuracy of TMS TDI cross signal entries in respect to Previous Highs and Lows (post #647).
*Accuracy as defined in MyFxBook, eg 50% accuracy means half of price movement (in pips) is in DD or profit; 100% means perfect pick of bottoms and tops.
With statistics of >1600 TMS setups in 2020-2023, the average accuracy is 60-65%. Note in this graph the the x-axis is transformed to price structures (-1 is the next price level against trade direction, 2 is second price level in trade direction.)
For the values between -1,0,1,2, it is not linear to actual pips.
for example, if the entry price (0) and next price level (1) is 100pips apart, then 0.5 is 50 pips from entry. Then if second price level is just 50 pips from first level, then 1.5 is half point between the two levels.
From the graph there are 2 findings that are actionable and align to BigE’s posts in TMS
1. When putting SL at previous H/L and close trades at next H/L, the win rate can be 60-65% without any trade management. Profit factor 1.5-1.6
2. Previous Highs and Lows as TMS’s Price Action element is a significant touch points for intervene (will explain in later posts)
3. Align with BigE having most posts on entry, TMS entry is most significant in the trade (as of point 1).
- #144,837
- Dec 21, 2023 4:53pm Dec 21, 2023 4:53pm
- Joined Nov 2008 | Status: Trader | 50,200 Posts
/// 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...
For those who want to learn for higher success ...
Spend the next two years and learn to read you candle and what the lagging TDI is showing....
once you have mastered the method you will have better chance to make some money
Example USDCHF Dec21 4Hr
> note the price bars/candles ...
> note the RSI green line tweek from flat 0.6 to slope 3.7
> the bounce factor is 3.8
> note the TDI has not update ... it waits for the current bar/candle to close then it will update (paints)
> the Stoch is below its 20-level ... which means __________.
chart #1with HA candles overlay the Price Bar
chart#2 Turn off the HA candle and see the Price Action with the Price Bar
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #144,838
- Dec 21, 2023 5:04pm Dec 21, 2023 5:04pm
- Joined Nov 2008 | Status: Trader | 50,200 Posts
{quote} Hi Rehmatkhan00, I have been trading BigE’s TMS for 3 years and documenting how TMS setups performs (not just my TMS trading result). It is a total of >1600 TMS setups recorded. ====== Trading Made Simple 3 year summary TMS Method rules: #144535 Performance track on an account (~950 trades / TMS setups): #144517 #129706...
@tommydog....
Your buddy member @Tekkies has been asking for Trade Explorer proof for many years ...
Do you have FF Trade Explorer to backup these statistical claims ?
I like your narrative and it consistent with the same modus operandi of online scammers in the past 12 years in this thread,
example is this member who hijacked this thread to lure innocent people to his website ... selling membership subscription, predictive TDI for accurate trade entries, trade signal service etxc.
..
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #144,839
- Dec 21, 2023 5:10pm Dec 21, 2023 5:10pm
- Joined Nov 2008 | Status: Trader | 50,200 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #144,840
- Dec 21, 2023 5:17pm Dec 21, 2023 5:17pm
- Joined Nov 2008 | Status: Trader | 50,200 Posts
{quote} You, yourself posted they are hindsight trading. > Post 144,730{image}
Post #2 is a Training chart. It was done after the fact and there were no real trades with entries and exits. And did you ask for the OP' Trade Explorer as proof? Other members have asked and got a good reply.
then I follow the OP post #2617 and learned to read the candles and Price Action ... I learn those Price Action where the TDI he marked shows green line crossed red line,...
Those Price Action can be coded in an EA for alert purpose and the traders need to have a trade plan and must do theirr own thorough investigation before making any trade decision ...
IF you follow and do this in 2024, you will recover some but not all of your 5,000 trades losses.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett