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Trading Made Simple

  • #16,581
  • Mar 27, 2013 4:35am Mar 27, 2013 4:35am
Here is another good use of the TDI cross and PA to draw a price channel
In this case is H4 channel.

Today and tomorrow, we need to see if PA will break out of this rising channel and continue downwards. It may re-test the lower channel later.
And if it does return back into the rising channel, let PA show if the uptrend resumes.
Attached Image (click to enlarge)
Click to Enlarge Name: GU week 13 H4 channel 27-3-2013 7-30-30 PM.png Size: 54 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #16,582
  • Mar 27, 2013 5:03am Mar 27, 2013 5:03am
Quoting emmanuel7788
my estimate for weekly range is between 220 and 255 pips for this week.
so there is some room down.... down to Prev W Low.

manage for maximum run...

Good Trading.

you are what your pseudonym says "Winner..."
Thank you!! . It means so much to me.
I see that basic use of Horizontal Support/resistances are giving me "winners" and also keeping me out of Consolidation's
I get whisawed during the begginning of consolidation once but then from next time i wait for the BO
I waited for the Break & a valid close of 4HR cndle above resistance or below support in the first instance.
Similarly in the second trade i just took , i waited and wanted to go long if it closes bullish above resistance 1.5200 , instead it closed down . So, i shorted it.
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 29 KB
  • #16,583
  • Mar 27, 2013 5:27am Mar 27, 2013 5:27am
Quoting emmanuel7788

Hi Frank,

I saw your Bolinger Band on your chart, so I thought you knew the terms 'balloon' and 'sausage' used by BB traders.

But I apply the same on the TDI Volatility Band VB.
Well.I have same things with different terms so.
emmanuel I had yesterday candlestick chart there is CS pattern highlighted by arrow have a look.want to know how to you select or filter entry pattern for you?

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: trade12.gif Size: 18 KB
  • #16,584
  • Mar 27, 2013 5:52am Mar 27, 2013 5:52am
Quoting emmanuel7788
http://www.forexfactory.com/attachme...1&d=1364254422

Now you see how this unfolded the last few trading sessions...

it close below that huge D box and re-tested 1.0178 Prev W Fib127%.

Next destination 1.0150...but it is not going to so easy one way down...chopping up and down as usual. So placing your stops willbe a challenge.

Trade Well also include manage your exits well too.
Hello emmanuel7788.
Again thanks for all you input, helping us all.
I noticed on this chart of the UC H4,that you have an indicator made up of little circles over the InsideBars CS
It looks like a great visual aid in identifying the IB's.
May i kindly ask if you could direct us to a link so i can download the indicator.

kind regards,
Steve
  • #16,585
  • Mar 27, 2013 5:54am Mar 27, 2013 5:54am
Quoting frank.david
Well.I have same things with different terms so.
emmanuel I had yesterday candlestick chart there is CS pattern highlighted by arrow have a look.want to know how to you select or filter entry pattern for you?

Regards
I think this question requires another weekend exercise this weekend... LOL.

But for now, a quick answer is:

My approach to trading is PASR.
Your arrows are TDI crosses, right?
'PA is King' and PASR skills will be your filter and TDI is your confirmation.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #16,586
  • Edited 6:13am Mar 27, 2013 6:03am | Edited 6:13am
Hi guys,

this is my first post on this forum. I have spent the last few days reading the forums and trying to have a real picture of Forex trading and removing all the non realistic posts. It seems like so many people are winners trading the Forex it reminds me a lot of poker. When i was playing everybody was so good until they show you their real ROI or you see their stats. To find the light in that forum is not easy.

After reading and viewing lots of videos from dcginc on protradenetwork.com, i really feel this is the way i want to trade and learn trading. I feel this website is really the best thing that can happen to a newbie, far from the commercial methods...

I felt really sad to read about the passing of Big E. His generosity and care for others definitely seems obvious when you read his posts.

I am eager to learn and i hope to be able to contribute to this thread and forum.

Burt
  • #16,587
  • Mar 27, 2013 6:04am Mar 27, 2013 6:04am
Attached Image (click to enlarge)
Click to Enlarge Name: ironfx metatrader 4.png Size: 121 KB


How far GU can go down...?? 38,2% with confliuence of RN of 1.51000 50% or 61,8% with confluence of BRN of 1.5000?
JacekPreserve Precious Capital
  • #16,588
  • Mar 27, 2013 6:15am Mar 27, 2013 6:15am
Quoting emmanuel7788
I think this question requires another weekend exercise this weekend... LOL.

But for now, a quick answer is:

My approach to trading is PASR.
Your arrows are TDI crosses, right?
'PA is King' and PASR skills will be your filter and TDI is your confirmation.
Arrows are CS pattern between range that's why not clear to me.I try to put all and PASR again.

Thanks
  • #16,589
  • Mar 27, 2013 6:22am Mar 27, 2013 6:22am
Jackub,

how do you get the average on the TDI? In my version i only have the RSI and trade signal.

Thanks,

Burt
  • #16,590
  • Mar 27, 2013 6:24am Mar 27, 2013 6:24am
Quoting itrade44
Hello emmanuel7788.
Again thanks for all you input, helping us all.
I noticed on this chart of the UC H4,that you have an indicator made up of little circles over the InsideBars CS
It looks like a great visual aid in identifying the IB's.
May i kindly ask if you could direct us to a link so i can download the indicator.

kind regards,
Steve
post #16490.
http://www.forexfactory.com/showthre...00#post6546500
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #16,591
  • Mar 27, 2013 6:54am Mar 27, 2013 6:54am
Quoting emmanuel7788
post #16490.
http://www.forexfactory.com/showthre...00#post6546500
emmanuel, thank you for your promptness.

Steve
  • #16,592
  • Mar 27, 2013 9:50am Mar 27, 2013 9:50am
Quoting Burt59
Jackub,

how do you get the average on the TDI? In my version i only have the RSI and trade signal.

Thanks,

Burt
Burt, nice pictores from memeber Lowweting...
Attached Image (click to enlarge)
Click to Enlarge Name: TDI.png Size: 90 KB
JacekPreserve Precious Capital
  • #16,593
  • Mar 27, 2013 10:00am Mar 27, 2013 10:00am
Thanks a lot Jackub
  • #16,594
  • Mar 27, 2013 11:03am Mar 27, 2013 11:03am
[quote=eelfranz;4572685]Klops...

[font=Comic Sans MS][size=3][color=blue]I generally quit trading at 6am Pacific (9am est). Why? The market might cook some for the next hour or two but unless there is a hot news announcement during the day... the market pretty much peters out and ranges... I don't want to be trading in that junk. [u]Thats where dealers make most of your money is ranging markets and 5-15 min time frame trading...

I usually stop trading at 06:00 Pacific (09:00 EST).
Good afternoon ... I'm here with a question, asking if someone could please help, BIG-E stopped negotiating at 06:00 Pacific (09:00 ET), my time zone is GMT0 London, Lisbon,
The timezone of the BIG-E then is GMT +8 right? So what time it is here in Western Europe when it stops trading?
thank you in advance.
regards,
JVBS
sorry if my english is not good
Work very hard until you get there (excuse my english)
  • #16,595
  • Mar 27, 2013 11:49am Mar 27, 2013 11:49am
Two trades today. First one taken at 6:00 GMT. NZD/USD H4

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 159 KB


+61.8 Fib in play from daily move
+5p. shy of round number
+divergence!
+nice cross just below 68
-CT!

Took all profits 1:1 risk-reward.

Also taken AUD/JPY H4 at 10:00 GMT. That was also a great one, no screenshot though. Left one at work.


Geeez, the longer I apply this system, the better results I get.

Talk to you tommorow!
M.
Remember I'm a newbie!
  • #16,596
  • Mar 27, 2013 11:49am Mar 27, 2013 11:49am
[quote=jvbs;6553097]
Quoting eelfranz
Klops...

[font=Comic Sans MS][size=3][color=blue]I generally quit trading at 6am Pacific (9am est). Why? The market might cook some for the next hour or two but unless there is a hot news announcement during the day... the market pretty much peters out and ranges... I don't want to be trading in that junk. [u]Thats where dealers make most of your money is ranging markets and 5-15 min time frame trading...

I usually stop trading at 06:00 Pacific (09:00 EST).
Good...
If I remember right - Big E closed trades at the London Close - which is 16:30 GMT
  • #16,597
  • Mar 27, 2013 12:15pm Mar 27, 2013 12:15pm
[quote=jvbs;6553097]
Quoting eelfranz
Klops...

[font=Comic Sans MS][size=3][color=blue]I generally quit trading at 6am Pacific (9am est). Why? The market might cook some for the next hour or two but unless there is a hot news announcement during the day... the market pretty much peters out and ranges... I don't want to be trading in that junk. [u]Thats where dealers make most of your money is ranging markets and 5-15 min time frame trading...

I usually stop trading at 06:00 Pacific (09:00 EST).
Good...
Hi JVBS

What you need is a good time converter which this links will give you http://www.worldtimebuddy.com/ use this to convert the times zones to yours. You have to be able to do these sort of things to really make it in Forex. Basic Stuff that is. All the best to you.
Born to rule my Economic World and Make a Difference!
  • #16,598
  • Mar 27, 2013 2:35pm Mar 27, 2013 2:35pm
I've just reread the start of this thread and people keep mentioning this is "the 5 method of trading" from bigE.

Does anyone know what is "the 5 method" we are talking about? Does bigE have a thread somewhere else that also have other 4 methods of trading?
Or is it the 5th method somewhere from Dean Malone TDI rules? (I've attached the PDF from Dean Malone but there is no number indicating so I doubt this's the case.)

The most info I could find is one comment

Quote
We started with Craig Harris method of trading and it evolved to the 5 method of trading. The 5 method of trading in my opinion is much smoother and more profitable than Craig Harris method

So based on my understand, the evolution is like this:

Inserted Code
Dean Malone TDI Easy Method (attachment) > Craig Harris method (where?) > The 5 method of trading (i.e. TMS?) > X-man 1hr EU

is that correct?
Attached File(s)
File Type: pdf E.A.S.Y.Method.pdf   1.8 MB | 1,345 downloads
back... and more dangerous.
  • #16,599
  • Mar 27, 2013 3:14pm Mar 27, 2013 3:14pm
Quoting kbp
I've just reread the start of this thread and people keep mentioning this is "the 5 method of trading" from bigE.





So based on my understand, the evolution is like this:

Inserted Code
Dean Malone TDI Easy Method (attachment) > [size=5][b]Craig Harris method (where?) [/b][/size]> The 5 method of trading (i.e. TMS?) > X-man 1hr EU
is that correct?

What you are looking for might be here. It has been a while since I read the TMS thread but all of it evolved from here

http://www.forexfactory.com/showthread.php?t=211188
Always Learning
  • #16,600
  • Mar 27, 2013 3:57pm Mar 27, 2013 3:57pm
5 Method: On the Craig Harris Stochastics thread, start on page 195, post 2912. Here's the compilation, if I can get the attach function to work correctly.
Attached File(s)
File Type: pdf BigE comments.pdf   408 KB | 1,938 downloads
My favorite crochet hook is size J. It's a J-Hook!
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