Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #144,902
- Dec 23, 2023 8:22pm Dec 23, 2023 8:22pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
before I start the fire going and prep work for tonight' big family dinner ....
live trading will resume January 08, 2024
...
live trading will resume January 08, 2024
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #144,904
- Edited 11:43pm Dec 23, 2023 11:29pm | Edited 11:43pm
- Joined Sep 2017 | Status: Trader | 2,688 Posts | Online Now
- #144,906
- Dec 24, 2023 6:11am Dec 24, 2023 6:11am
- Joined Jan 2021 | Status: Trader | 2,613 Posts
{quote} thank you @rehmatkhan00 for wishing good luck to all other traders. I need 1% luck ... the rest 99% I rely on my trading skills . BTW, ... TMS is acronym for Trading Made Simple ... the title Big E chose from a list os names suggested by other members in his old thread. The trading method is 5-Method.
- #144,907
- Dec 25, 2023 10:09am Dec 25, 2023 10:09am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
- #144,908
- Dec 25, 2023 6:26pm Dec 25, 2023 6:26pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} Ask that question in the thread where you found that post. Post 3,158 in this thread is a newbie posting a "Hello"
"Hello" @Tekkies ... Merry X'Mas
... be happy ... with sharing and caring spirit to help others ...
... the correct link is this #3158
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #144,909
- Dec 25, 2023 6:28pm Dec 25, 2023 6:28pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #144,910
- Dec 25, 2023 6:35pm Dec 25, 2023 6:35pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Hello everyone, Big E once said that after a crossover occurs, if you buy, you need to observe whether the green line is at the 50 line, but he did not mention this line again in subsequent posts. What is the 50 horizontal line on TDI that you are using? {image}
hi @iota
Seasons Greetings.
I am glad you found the old thread and made the jump to this new thread Post#4432
the OP Big E has the RSI' 50 line on his charts
example Post# Training chart
> take note of the price action and the TDI' yellow Market Base Line MBL
> when the yellow line is 'flat' and near the 50-level, look for trades ...
> more soon about how to trade the 5-Method without the TDI
> Stay Tuned!
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #144,911
- Dec 25, 2023 7:12pm Dec 25, 2023 7:12pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Hello everyone, Big E once said that after a crossover occurs, if you buy, you need to observe whether the green line is at the 50 line, but he did not mention this line again in subsequent posts. What is the 50 horizontal line on TDI that you are using? {image}
hi @iota
I take notes when I read and study all the OP' posts.
some notes I have taken note of his post #3158.
No.1 is read the candles and what the market it telling me.
In the old thread, the TDI was added as the helping indicator #202 added to the Craig Harris Stochastics method. The strategy was to use both lagging oscillators to find confluence of 'signal' to confirm a price action setup. That's the same approach Big E used to, he added the Stochastics to the original 5-Method to help other traders.
Take note of his chart #3158, he has trendlines drawn based on price swings.
> it is good practice to study his posts and takes notes.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #144,912
- Dec 25, 2023 8:58pm Dec 25, 2023 8:58pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} For the Tokyo Channel (Asian session) download the indicator in this post #24 https://www.forexfactory.com/thread/...12#post3302012 You will also find other indicators the OP uploaded to his thread. Download all and try them and your own experience is more important. ...
December 26, Learning chart for year-end revision
- for first-timer and new traders visiting this thread
- Asian session high-low, just the first 4-hours low volume trading
- European markets are closed today
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #144,913
- Dec 26, 2023 2:54am Dec 26, 2023 2:54am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
{quote} hi @iota Seasons Greetings. I am glad you found the old thread and made the jump to this new thread Post#4432 the OP Big E has the RSI' 50 line on his charts example Post# Training chart > take note of the price action and the TDI' yellow Market Base Line MBL > when the yellow line is 'flat' and near the 50-level, look for trades ... {image} > more soon about how to trade the 5-Method without the TDI > Stay Tuned! ...
It is for sure not this bullshit >> more soon about how to trade the 5-Method without the TDIYou really wanted to help, a post like this would do nicely.
but he did not mention this line again in subsequent posts
BigE did mention 50 line
> before post#3158 > Post 2,748, Post 3,075, Post 3,136, Post 3,155, Post 3,160,
> after post#3158 >Post 3,626, Post 3,797, Post 3,936,
What is the 50 horizontal line on TDI that you are using?
> The central axis of the TDI is level 50.
-------
In Post 2,748 BigE clearly stated that TDI green, yellow red must cross the 50 line
Long Trade Entry: Green crossing above the 50 line, above yellow, above red.
Short trade Entry: Green crossing below the 50 line, below yellow, below red.
In Post 2,750 BigE demonstrate the basics of using the 50 line
> I take notes when I read and study all the OP' posts.
Did you really do that Vincent?
You would not have posted this kind of bullshit> > when the yellow line is 'flat' and near the 50-level, look for trades ...
To me it looks like you want traders to fail miserable.
- #144,914
- Dec 26, 2023 3:02am Dec 26, 2023 3:02am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} O Boy, are you not clever and once more you failed to help @iota.
@Tekkies
Today is the second day of Christmas... you are still not happy.
Go get a life ...
..
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #144,915
- Dec 26, 2023 3:11am Dec 26, 2023 3:11am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Hello everyone, Big E once said that after a crossover occurs, if you buy, you need to observe whether the green line is at the 50 line, but he did not mention this line again in subsequent posts. What is the 50 horizontal line on TDI that you are using? {image}
hi @iota
Today market liquidity is very low with European markets closed.
But we can still use the time to learn and read the candles and c=follow price action.
I took a few screenshots for today trading made simple lessons.
1st chart taken Frankfurt 8am
- note the Asian session high-low ... 28pips range
- take note of the price action and the Stoch and TDI
- TDI yellow line is 'flat' and at the 50-level,
- Note how the TDI green line responds to the price action and price momentum
2nd Chart
taken during the London 8am
- I see a potential H1 setup when this M15 candle closed
- M15 price action swing high,
- TDI green line hooks over at the yellow and 50-level
- when this M15 candle closed the H1 candle, it will be a Price Action BEEOB setup
- but the market is sideways narrow range ...
3rd chart coming up ....
Stay Tuned !
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #144,917
- Edited 9:20am Dec 26, 2023 9:07am | Edited 9:20am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
Today during the London session, it was 4 pm here. I Sell GU, The number of points was very small. I closed my order, The daily chart did not break through the 5 MA. The position here is very critical and there is no power. need to wait {image} {image}
That is good.
--------------------------
Question : Where is Stoch on your chart?
--------------
a Little detail for the subsequent crossovers:
Nr 1. > TDI is flat
Post#643 > If the green line looks like it's at a 2-4 angle... it's weak.
When checking out the TDI for a possible trade: Think of a wall clock here and it's arms... you want to see the green line for a long trade at the 12-2 angle for best results and a short trade at a 4-6 angle... This is basic 4x stuff... Don't try to read things into the TDI just so you can get into a trade... If the green line looks like it's at a 2-4 angle... it's weak. Pass on it.
Nr 2. > Stoch does not confirm direction.
Post#1 > I also use a Stochastics (8,3,3) indicator. It is ONLY used to confirm direction. Nothing else.
Nr 3. > TDI angle above 1
#647 > How does the momentum look right now (12-2, 4-6)
(GBPUSD H1)
- #144,918
- Dec 26, 2023 9:19am Dec 26, 2023 9:19am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} Where is Stoch on your chart? -------------- Nr 1. > TDI is flat Post#643 > If the green line looks like it's at a 2-4 angle... it's weak. When checking out the TDI for a possible trade: Think of a wall clock here and it's arms... you want to see the green line for a long trade at the 12-2 angle for best results and a short trade at a 4-6 angle... This is basic 4x stuff... Don't try to read things into the TDI just so you can get into a trade... If the green line looks like it's at a 2-4 angle... it's weak. Pass on it. Nr 2. > Stoch does...
@Tekkies
You are still not happy.
You missed this swing low and True REVERSAL and ...
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #144,919
- Dec 26, 2023 9:57am Dec 26, 2023 9:57am
- Joined Oct 2020 | Status: Trader | 3,886 Posts
Today during the London session, it was 4 pm here. I Sell GU, The number of points was very small. I closed my order, The daily chart did not break through the 5 MA. The position here is very critical and there is no power. need to wait {image} {image}
很少在FF看到華人同道中人，祝你佳節快樂一本萬利。
就你的圖表所看，你也是傳統的TMS 方法並在一次波幅內獲利。
我的建議是跟從TMS Price Action，基本上和你的見解結論是一致的。停利點可在Previous Low，或稍低一點。
附圖是小時圖，做空。
我今天是做多頭，5分鐘圖。
祝好
====
Trading Made Simple 3 year summary
___________________
TMS Method rules: #144535
Performance track on an account (~950 trades / TMS setups): #144517 #129706, #144,852
TMS entry accuracy: #144,836, #144,853
__________________
- #144,920
- Dec 26, 2023 11:28am Dec 26, 2023 11:28am
{quote} Hi Iota, 很少在FF看到華人同道中人，祝你佳節快樂一本萬利。 就你的圖表所看，你也是傳統的TMS 方法並在一次波幅內獲利。
Hello, I have been lurking in this forum for half a year, there has been no account, can only see and can not ask questions, and then registered an account, but has been in the novice period, it is difficult to reply to posts at present, there is no such forum in China, basically there are more brokers and salesmen. I used to spend most of my time studying price behavior and K-line combinations. I have studied TMS for more than a week, reviewed it many times, and read all the postings of Big E. Thank you @emmanuel7788 for your careful collation. I also read the quarrel post, hope to maintain a good mood, conducive to trading. Thank you all for your help!
I like this system, it simplifies my way of thinking, compared to price behavior and K-line combination, TMS is more specific and clear.
My English is very poor, I can only understand a few parts, all using Google Translate. It is possible to translate completely accurately.
I use the daily chart for direction, trading at 4 hours and looking for the exact level in the 1 hour London session. I've been working on the London time slot for over a year, and I love it. No one taught me before, I discovered this rule by looking at the chart every day, and later realized that many people knew it, only I didn't know it. There is a lack of such knowledge in China.
My English is not good, sometimes I say the wrong thing, please forgive me!