Trading Made Simple

Quoting eelfranz

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Divergence, That was just one of many methods we discussed. Folks were getting confused by mixing up rules from different methods so this thread will only be about the 5 method.

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Quoting eelfranz

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Those wanting more examples go to Forum: Commercial, then Craig Harris Stochastics Method... then start reading on page 246, post 3676 to the end... you will learn more fast... We switched from there to only discuss this method in the new forum...

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Quoting eelfranz

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The 4 Hr., USD/CAD trade is up to 91 pips profit now... You can trade the 5 method without the TDI if it's a problem... PA is HA Candles, PA crosses the yellow line and closes... enter on the next candle if it's the same color. When candles flatten out... exit. Stay in the trade as long as it doesn't cross back over the yellow line and close. The TDI just gives me a lot more information for making my entries & exits decisions.

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Quoting emmanuel7788

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{quote} Post#5 above ... 5-Method {quote} Post #336 above ...read, study and take notes {quote} Post#3418 above... the solution is Price Action and its 5EMA, Typical Price, Shift+2 and the big picture Support and Resistance. Learn to read the candles and the Price Action > when you have the confidence then you can strip the TDI from your charts. I did that in 2018. EU H4 Jun11 Sydney 9am {image} ...

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Quoting NolanFelix

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{quote} No i am not retired i am 21 years old Thank you for contributing your knowledge and expertise to this group. A few days ago, I backtested your analysis in a demo account and the results were quite impressive. While I don't advocate for copying trades, it was clear from this exercise that you possess significant trading experience. Your post #69,262, which displayed an impressive profit, is a testament to that.

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Quoting NolanFelix

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{quote} Ho ho ho thats nice seeing you traveling. How are you doing TMS on your phone, help me to understand method you developed because i see you are doing it with your phone, i really wanted to understand your method because i learned to plot lines and find Support resistance supply and demand stuffs and that can be done on big screen only and if you are travelling or going somewhere you will not take your big screen with you so that is perfect because i love to travel and it will help me lot. Initially I was ignoring methods you guys...

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Quoting emmanuel7788

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{quote} {quote} You cant do this on your phone. {image} For a student with $500 pocket money you can make some money trading Expert Advisor running Mt4 in your PC. Learn to trade with EA according to the Market Type conditions. Use your phone only once a day and log in to check your trades. Free up your time and concentrate on your studies which is your future. When you have more money, just 'upsize' your trade size. ...

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Quoting tommydoginti

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{quote} BigE’s post #11 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, {image} TMS traders can choose their routine to suit their trading styles. To reduce time for charting, I take advantage of #647 and TDI for alert setting ahead of time of trades. There are 2 touch points before each position. Traders can leave the charts and come back after certain time, or use alert to ensure catching the opportunities. Previous highs and lows are levels with high chance of...

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Quoting NolanFelix

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{quote} Money is not problem because i have funded account and i also have laptop but he is doing in his phone that is just like open MT5 and look into setup if required condition meet place TP SL then put the phone in pocket and do whatever you want that is interesting. I am taking notes on BigE's methods and everything I find beneficial because if I read a quote or reply just once and don't jot it down, I tend to forget it later. This is my strategy for retention.

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Quoting NolanFelix

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{quote} Money is not problem because i have funded account and i also have laptop but he is doing in his phone that is just like open MT5 and look into setup if required condition meet place TP SL then put the phone in pocket and do whatever you want that is interesting. I am taking notes on BigE's methods and everything I find beneficial because if I read a quote or reply just once and don't jot it down, I tend to forget it later. This is my strategy for retention.

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Quoting emmanuel7788

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{quote} Post#5 above ... 5-Method {quote} Post #336 above ...read, study and take notes {quote} Post#3418 above... the solution is Price Action and its 5EMA, Typical Price, Shift+2 and the big picture Support and Resistance. Learn to read the candles and the Price Action > when you have the confidence then you can strip the TDI from your charts. I did that in 2018. EU H4 Jun11 Sydney 9am {image}

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Quoting tommydoginti

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{quote} As of the topic of StopLoss, BigE has mentioned this multiple times, Stoploss is placed at previous high/low. There is always a StopLoss for each trade. However much you want to risk for each position is entirely up to you. BigE once mentioned 15-30%, other times mentioned "a full lot" but StopLoss is just 10-20 pips (= ~$100 / 10k account = ~1%). One way to review your actual trading risk is looking at the maximum DrawDown and risk of ruin. Below is my current personal account. {image} {image} If you have tested Emmanuel's methods, you...

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Quoting tommydoginti

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{quote} As of the topic of StopLoss, BigE has mentioned this multiple times, Stoploss is placed at previous high/low. There is always a StopLoss for each trade. However much you want to risk for each position is entirely up to you. BigE once mentioned 15-30%, other times mentioned "a full lot" but StopLoss is just 10-20 pips (= ~$100 / 10k account = ~1%). One way to review your actual trading risk is looking at the maximum DrawDown and risk of ruin. Below is my current personal account. {image} {image} If you have tested Emmanuel's methods, you...

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Quoting NolanFelix

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{quote} I understand your trading system; thank you for sharing. However, I have some questions. How can I apply your TMS TDI indicator on a TradingView chart? How do you determine your TP and SL? Is it just the previous low, or are there other rules? Also, do you receive notifications when the red and green lines cross?

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Quoting NolanFelix

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{quote} Ho ho ho thats nice seeing you traveling. How are you doing TMS on your phone, help me to understand method you developed because i see you are doing it with your phone, i really wanted to understand your method because i learned to plot lines and find Support resistance supply and demand stuffs and that can be done on big screen only and if you are travelling or going somewhere you will not take your big screen with you so that is perfect because i love to travel and it will help me lot. Initially I was ignoring methods you guys...

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Quoting NolanFelix

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{quote} I understand your trading system; thank you for sharing. However, I have some questions. How can I apply your TMS TDI indicator on a TradingView chart? How do you determine your TP and SL? Is it just the previous low, or are there other rules? Also, do you receive notifications when the red and green lines cross?

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Quoting tommydoginti

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{quote} Hi NolanFelix, I have previously posted about setting up the TDI green and red lines on charts with mobile phone. Here I repose. I have TradingView and MT4 installed on my phone. TradingView is more versatile and can put up custom indicators and set up alerts to trade on the fly. MT4 is my broker, IG, trading platform for trade execution. I also put up the TDI on the chart. ==== First. Inspect the code of TDI green and red line. #25 has the .mt4 and source code can be viewed . {image} The RSI is 13, close. Green line is SMA(2) of the RSI...

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Quoting NolanFelix

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{quote} Money is not problem because i have funded account and i also have laptop but he is doing in his phone that is just like open MT5 and look into setup if required condition meet place TP SL then put the phone in pocket and do whatever you want that is interesting. I am taking notes on BigE's methods and everything I find beneficial because if I read a quote or reply just once and don't jot it down, I tend to forget it later. This is my strategy for retention.

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Quoting Kyle

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Hi all, The OP of this thread seems like a great person and comes across as someone who truly does want to help others who are lost in countless holy grail systems. I'm inspired to learn more. Since this thread is very old and there are 7326 pages so far, how would you recommend one digests all this content? Linear approach? page 1 to end? Or is there a more optimized way to digest all this information. Also, since this thread is from a very long time ago, does this method still function as intended in the current market? Or have things changed...

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Quoting Kyle

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Hi all, The OP of this thread seems like a great person and comes across as someone who truly does want to help others who are lost in countless holy grail systems. I'm inspired to learn more. Since this thread is very old and there are 7326 pages so far, how would you recommend one digests all this content? Linear approach? page 1 to end? Or is there a more optimized way to digest all this information. Also, since this thread is from a very long time ago, does this method still function as intended in the current market? Or have things changed...

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Quoting emmanuel7788

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{quote} EU Jun11 H4 UPDATE Tokyo 2PM - some traders believe is moving averages can be "dynamic support and resistance" {image} ...

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Quoting emmanuel7788

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{quote} EU Jun11 H4 London session - BEEOB setup candle - you do not need TDI for this Price Action candle setup {image} ... {image}

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