Its all just one persons opinion
- #149,803
- Apr 24, 2025 5:24am Apr 24, 2025 5:24am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} XAU Apr24 4Hr London 7am - 4 hours later, ... - the TDI green line hook back, - IF you follow TDI for entry and exit, this is EXIT {image} ...
{image}
XAU Apr24 4Hr London 11am
- Price Action shows big candle. small candles ... CONSOLIDATION ... post #647
- Do Not trade when price is in or near CONSOLIDATION
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #149,804
- Apr 24, 2025 5:27am Apr 24, 2025 5:27am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote}{quote} What is the ema you use?
the same what the OP used.
5-period Exponential MA, Typical Price, Shift+2
to replace the Synergy' PAC aka the yellow brick road 5SSMA, High-Low, Shift+1
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
{quote} and the results are 5 +3 winners, {image} {image}
Been diggin' into the 5 method, and got a couple of things I'm tryin' to wrap my head around with how you do things.
- I've seen you throw in candlestick patterns too, which ain't really talked about in the group. Plus, sometimes your analysis uses tools and timeframes that go beyond the usual Big E's method stuff. Like, you might use indicators other than TDI or stochastics, and you look at charts on both weekly and 15-minute views. Are you stickin' strictly to Big E's, or have you tweaked it or mixed it with other strategies? _
- When I'm lookin' at forex pairs with the method's indicators and those support and resistance lines, I'm watchin' for the TDI angle and candle sizes, the whole shebang. But then you come along and point out stuff that doesn't always jump out from those basic rules, and it kinda throws me for a loop. _
- Here's the chart where things didn't seem to line up with the real method, you know? The TDI angles were kinda screwy and all that, which I already mentioned before. _
Just tryin' to get a clearer picture of how you're tradin' and what I might be missin'. Any thoughts you got would be cool.
Thanks, man.
- #149,806
- Apr 24, 2025 1:56pm Apr 24, 2025 1:56pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #149,807
- Apr 24, 2025 1:59pm Apr 24, 2025 1:59pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} TMS 8 pairs Apr24 London 10am, Pacific 2am - it the Price Action and price MOMENTUM good enough for you to make a trade Go/No-Go decision? - what-IF post#557 happens, do you exit on the pull-back - OR do you wait till the Pacific 6am candle to exit - do you have a re-entry plan ? do you have a 1Hr trade plan to trade the New York open at EST 8am? {image} ... {image}
London session is closed.
There is nothing to trade now even if you want to scalp.
If you follow the OP' rules, then close all trades at Pacific 6am.
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #149,808
- Apr 24, 2025 2:44pm Apr 24, 2025 2:44pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Testing on live i hope i am not doing something wrong. Hence small lot size. Reason: 1. Green crossed Red from Top. 2. Stoch crossed to downside. 3. TDI on top edge of bands Entry on 2nd Red candle and SL above the Blue highest point. {image}
Do a review of your trade with the OP' post #647 and learn from it.
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #149,809
- Apr 24, 2025 8:05pm Apr 24, 2025 8:05pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Friday Apr 25, Tokyo am
- time to check your 1Hr charts for trade,
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- time to check your 1Hr charts for trade,
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #149,811
- Apr 25, 2025 7:53pm Apr 25, 2025 7:53pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #149,812
- Apr 25, 2025 8:03pm Apr 25, 2025 8:03pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
The biggest problem I see here in this thread the last 12+ years with Trading Made Simple is these:
#261
#647
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#261
#647
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #149,813
- Apr 27, 2025 7:18am Apr 27, 2025 7:18am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Week 18 April 28 to April 30.
a short 3 trading days to end the Weekly candle and start a new Monthly candle,
TMS 8 Pairs when New York closed 5pm Friday 25.
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a short 3 trading days to end the Weekly candle and start a new Monthly candle,
TMS 8 Pairs when New York closed 5pm Friday 25.
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #149,814
- Apr 27, 2025 7:21am Apr 27, 2025 7:21am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Week 18 April 28 to April 30. a short 3 trading days to end the Weekly candle and start a new Monthly candle, {image} TMS 8 Pairs when New York closed 5pm Friday 25. {image} ...
- USD weakness ?
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #149,815
- Apr 27, 2025 7:08pm Apr 27, 2025 7:08pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} > > > the Stoch did not confirm > > > the TDI has a lot of information other than just the RSI' green price line slope and there is an early warning ...
The biggest problem I see here in this thread the last 12+ years with Trading Made Simple is these: #261 {image} #647 {image} ...
Many questions to my above posts and in particular to the use of Stochastics(8,3,3) here in Trading Made Simple.
The Stochastics is a technical study and is not a trend following type indicator.
Look at this OP post chart. Study the price and the price action - swing highs and swing lows, and how the Stoch(8,3,3) respond to the Price ACtion.
IF you had watch all the tutorial videos in the old thread (posts #13 to #21), then you would have learned the use of the Stoch Slope and why the OP Big E added this to the 5-Method.
https://www.forexfactory.com/thread/...22#post3301922
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #149,819
- Apr 28, 2025 8:03pm Apr 28, 2025 8:03pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} Hi Nolan check posts #146424 - #148992 and #149780 to see what are the main PA and CSP used in this method. Also download and read the attached files in posts #20110 - #62964 and #65347 for a deeper explanation on every single of them. save these posts and take notes
Excellent share!
You just saved some members here two years of their time as mentioned by the OP in his post #2617.
Now the members can spend the next two years trading with these Price Action setups and build their confidence to trade these Price Action setups without the Stoch and TDI.... then only will they achieve higher success.
#2617 above This is what most traders here did not read and did not do their homework.
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #149,820
- Apr 28, 2025 8:13pm Apr 28, 2025 8:13pm
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett