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Trading Made Simple

  • #59,521
  • Aug 10, 2015 10:07am Aug 10, 2015 10:07am
GJ H1 trade, Price trending HH/HL so waited LO retracement to subside, and entered with the breakout of previous highs on H1

Also had another 50 pips on EA long at LO, but thought to post this chart for NYO
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I Have Learned to Take Some Losses to Make Profits
  • #59,522
  • Aug 10, 2015 8:15pm Aug 10, 2015 8:15pm
Gold Asian Session breakout , +50 pips
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I Have Learned to Take Some Losses to Make Profits
  • #59,523
  • Edited 10:36pm Aug 10, 2015 10:08pm | Edited 10:36pm
Quoting TheScorpS
Gold Asian Session breakout , +50 pips {image}

Nice trade mate
That was a retrace to the channel.
I think will consolidate a bit and then continue to 4rth wave !
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  • #59,524
  • Edited 11:09pm Aug 10, 2015 10:50pm | Edited 11:09pm
Quoting hsn100
{quote} Nice trades yuki0912! I've few questions, will be great if answered by most senior members of this thread, especially those who have been trading since the very inception of this thread by using bigE method. Why the seniors are not using the same template (on page#1) as was used by bigE, is it now not profitable in the present volatile markets in the long run, OR are there some other reasons? If anyone is still using and getting good trades, why it is not being used by the rest of the traders? regards,

hsn100;

You asked a good question!
1. of course there are few different between the templates but the core is TDI . f example in synergy you can add PAC channel that is a conservative way to take trade after breaking the PAC, but after several trades, you can identify the power of the PA without PAC.
Synergy pro TDI has Yellow line MBL that could be added to the Big E TDI. you can use this line to know the midterm trend and filter the crosses that are against the whole trend ! after several trades you see that there are several trades that green bounces when faces to MBL . so you can filter many trades !

You yourself should use both of them and see how they works and which of them fits you !

2. many traders are using this simple system but after month of adding more and more indicators, they will quit and say that we can not be profitable ! but this system is so simple. you should understand behavior of the angle crosses . then combine it with PA , Promise you that you will become a successful trader by combining TDI + PA

Read This PDF again and again : http://www.forexfactory.com/attachme...9&d=1403880212

Dean Malone trades a similar method but it's very conserative... to slow for me and I had to pass on a lot of pips using his rules and he trades 15 min charts which I don't like...

If you want the Original TDI Indicator and HA candle indicator (Average Price Bars) go to the site above. They are free downloads. You can remove what you want...

Dean invented the TDI... and I removed all the extra lines to make it easy to look at and trade... same thing with his Synergy charts... I kept eliminating all the extras until we got down to what I trade now... no fluff. His charts and TDI are too busy for me... I like simplicity... He doesn't use the TDI the same way I do either...


Regards
  • #59,525
  • Edited 1:38am Aug 11, 2015 1:14am | Edited 1:38am
Quoting farhad10
{quote} Nice trade mate That was a retrace to the channel. I think will consolidate a bit and then continue to 4rth wave ! {image}
As said before Gold start to go north ! +100 pips !
After retrace to the channel that has been broken, Green crosses with good angle and break DOL with confirmation of H4

Attached Image (click to enlarge)
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regards

Edit : second trade close manually with +60 pips

Look at H4 Cross and Mbl bounce

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  • #59,526
  • Aug 11, 2015 1:41am Aug 11, 2015 1:41am
Quick 25 pips on the E/A after the break of the Asian session high
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  • #59,527
  • Aug 11, 2015 2:12am Aug 11, 2015 2:12am
Quoting farhad10
{quote} As said before Gold start to go north ! +100 pips ! After retrace to the channel that has been broken, Green crosses with good angle and break DOL with confirmation of H4 {image} regards Edit : second trade close manually with +60 pips Look at H4 Cross and Mbl bounce {image}
very good trade, excellent
I Have Learned to Take Some Losses to Make Profits
  • #59,528
  • Aug 11, 2015 2:49am Aug 11, 2015 2:49am
Buenos días amigos!

What a beautiful signal EUR/NOK in the H4 timeframe!!! +50 pips

Good luck everybody, stay green.
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  • #59,529
  • Aug 11, 2015 4:50am Aug 11, 2015 4:50am
Thank u very much Zef for your response with nice chart explanation and Farhad10. thnk u very much.
Infact i've no doubt about the integrity of the whole system. For the last six months or so i'm seeing the power of this system. I, likewise, understand the notions of PA+S/R+TDI. Yes! combination of these 3's is very effective.

My question was about the specific template used by BigE. Can a new trader be successful by using that template in the long run? If it's not, i will b interested in the reasons. If answer is Yes, than why the senior traders felt a need to change their template? Was that done, just for a "change" factor? OR there might be any other considerations?

Again thank u very much for your time.
Regards,
Winners Never Quit, Quitters Never Win
  • #59,530
  • Aug 11, 2015 4:54am Aug 11, 2015 4:54am
Quoting hsn100
Thank u very much Zef for your response with nice chart explanation and Farhad10. thnk u very much. Infact i've no doubt about the integrity of the whole system. For the last six months or so i'm seeing the power of this system. I, likewise, understand the notions of PA+S/R+TDI. Yes! combination of these 3's is very effective. My question was about the specific template used by BigE. Can a new trader be successful by using that template in the long run? If it's not, i will b interested in the reasons. If answer is Yes, than why the senior traders...

Im not a senior member , but:
I use the original template from BIg E since about 10 months.
I have no reason to change it .. ,
and I only trade H4 and D1 with TMS
For smaller timeframes I still use my Dance/ Choros System what I hate in higher timeframes!
So I have no Idea what template to use in H1 to m1 !!.. for H4 and D1 I´m fix with it , it works fine .
green pips , Guido
Risiko birgt immer auch die Chance.
  • #59,531
  • Aug 11, 2015 6:25am Aug 11, 2015 6:25am
EURCAD London session, +110 pips in progress:

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  • #59,532
  • Aug 11, 2015 9:22am Aug 11, 2015 9:22am
A/U

After Price Breaks prev daily low and retrace to this level entered with confirmation of H4
Target 50 pips but price was going no where and DIV+ was forming ! so closed manually

Regards
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  • #59,533
  • Edited 7:36pm Aug 11, 2015 12:16pm | Edited 7:36pm
Quoting Sesamstrasse
{quote} Im not a senior member , but: I use the original template from BIg E since about 10 months. I have no reason to change it .. , and I only trade H4 and D1 with TMS For smaller timeframes I still use my Dance/ Choros System what I hate in higher timeframes! So I have no Idea what template to use in H1 to m1 !!.. for H4 and D1 Im fix with it , it works fine . green pips , Guido
H4 seems challenging to me but that's the TF suits my daily routine. Do you always go by the trend direction of W1 when you take trade
on H4? Many times I have seen W1 and D1 are in disagreement (D1 in retracement). Do you discard those trades?

For example, USDCAD
W1 bullish for very long term
D1 bearish (last 2 days were red)

Before taking H4 buy trade, would you wait for atleast one D1 bullish bar?
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  • #59,534
  • Aug 11, 2015 9:28pm Aug 11, 2015 9:28pm
Good morning TMS folks!
It's 5am here...
I took a 5 days break from online forums and enjoy my summer vacation break. Also needed some time to concentrate on some ongoing project development work.
Hope you all manage to catch the big moves in the EUR/ccy pairs this week.
Looks like we have a lot more market liquidity this week and it will be good to be on the right side of the market.

While I need time to reply all the PMs and catch up with the past days posts, you folks trade safe.

Be good, Trade Well.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #59,535
  • Aug 11, 2015 10:27pm Aug 11, 2015 10:27pm
Quoting emmanuel7788
Good morning TMS folks! It's 5am here... I took a 5 days break from online forums and enjoy my summer vacation break. Also needed some time to concentrate on some ongoing project development work. Hope you all manage to catch the big moves in the EUR/ccy pairs this week. Looks like we have a lot more market liquidity this week and it will be good to be on the right side of the market. While I need time to reply all the PMs and catch up with the past days posts, you folks trade safe. Be good, Trade Well.
Welcome Emmanuel and nice to be on holidays away from the market , hope u had have good timings
I Have Learned to Take Some Losses to Make Profits
  • #59,536
  • Aug 11, 2015 10:30pm Aug 11, 2015 10:30pm
EA M1 Scalping + 13 pips, TDI bounce and IB breakout

I do both with TMS , regular trading and scalping
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I Have Learned to Take Some Losses to Make Profits
  • #59,537
  • Aug 11, 2015 11:31pm Aug 11, 2015 11:31pm
Quoting mousteven
{quote} Dear Emmanuel Sorry to ask you again, I think my real question is... Why sometimes you setup the technical SL using 2 candles look back in daily time frame or use ADR*2 to find the technical SL. However, this time you placed SL by looking at MN chart's. Can we put technical SL right here ? http://screencast.com/t/1A8Cp6qSmppZ Wish I could setup in the right place without the price getting hit when retracing happened Best regards,

Hi Steven,

Yes, it is possible to place your technical SL below that consolidation area.
My concern was that the Fibo retracement of the June low to the July high is also around that region and I usually do not like it when there is a Fib38/50 retracement zone to place my technical SL.

I know what you mean that the SL distance will reduce the positions size. The other way to calculate the trade position size when we trade with ME/ME is to use the ADR(100 days). using 0.2% risk and the 100-days ADR in pips, you can calculate the lot size. But when you build positions using this ADR-Lot-size method, you will have to know exactly where you want to cut loss should the market move against you. The exit strategy for this has to be different.

regards,
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #59,538
  • Aug 11, 2015 11:37pm Aug 11, 2015 11:37pm
E/J

Was a risky trade, but according to up trend at m30, after break of prev daily high with big candle and with confirmation of H4
Close manually for +27

Regards
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  • #59,539
  • Aug 11, 2015 11:41pm Aug 11, 2015 11:41pm
Quoting emmanuel7788
Good morning TMS folks! It's 5am here... I took a 5 days break from online forums and enjoy my summer vacation break. Also needed some time to concentrate on some ongoing project development work. Hope you all manage to catch the big moves in the EUR/ccy pairs this week. Looks like we have a lot more market liquidity this week and it will be good to be on the right side of the market. While I need time to reply all the PMs and catch up with the past days posts, you folks trade safe. Be good, Trade Well.
Welcome back Emmanuel !
hope you had nice holidays.
nice to see you again .
  • #59,540
  • Aug 12, 2015 12:27am Aug 12, 2015 12:27am
Gold

In continuation of up trend
buy for +35 pips after Green bounce and m30 crossed with good angle ! will buy again after breaking of prev D high !
Just look at Ema 50 and 200 ! both of them are coming up .

So simple! just fly with trend !
Regards
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