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Trading Made Simple

  • #65,341
  • Feb 2, 2016 3:00am Feb 2, 2016 3:00am
Quoting omri89
{quote} im already in in GPBCAD {image}
take what the market give you.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #65,342
  • Feb 2, 2016 3:05am Feb 2, 2016 3:05am
Quoting tibovwh
EURGBP W1 Still in consolidation seen by MC + IB + Lower APB D1 Looks like a sell. Do you agree or is this too early? Best, {image}

I see H4 follow W1.... buy in 50 mins.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #65,343
  • Feb 2, 2016 3:51am Feb 2, 2016 3:51am
The PDF and the checklist is gold, I got this, and my normal HA candles are restored, it's all about development, I removed the wicks because I didn't understand them, which justifies my reason at the time of removing them, no point having something on your chart if you don't understand it, now that I do I can use them.

Wow, I've been making a profit only understanding half the strategy, onwards and upwards, time to go and get that barrow
  • #65,344
  • Feb 2, 2016 3:54am Feb 2, 2016 3:54am
Quoting emmanuel7788
{quote} Hi, as I mentioned in that post, it is only for trading stocks and Gold. regards,
Hi Emm,

you use ADR100 for ME/ME
aren't you?

Dan
  • #65,345
  • Edited 4:45am Feb 2, 2016 4:10am | Edited 4:45am
Quoting emmanuel7788
{quote} EJ is good to go when this h1 closes in about 1 min. H4 has to wait for one hour then if H4 close BUEB, it is good to go. D1 we see continuation at day open. edit : add chart {image}
EJ already in Thanks with SL 2 day bars look back
  • #65,346
  • Feb 2, 2016 4:35am Feb 2, 2016 4:35am
start to love this strategy..
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  • #65,347
  • Edited 5:00am Feb 2, 2016 4:44am | Edited 5:00am
Hi Emmanuel,

I have some questions from your charts. I think this time it will clear my confusions for all. Thank you
AudNzd
TDI crosses down in daily chart - means short. Are we trading counter trend?
prices are above 10ema weekly & daily
from document swing high & swing low(pdf is at bottom) price have to close above or below 10ema. Do we need candle to close for entry?

GbpAud
TDI TDI crosses up in daily- means long
price is above 10 ema in daily chart but hasn't closed yet(prices are below 10ema in weekly chart). Do we need candle to close for entry?

GbpCad TDI crosses up in daily - means long
Price is still below 10ema in daily(prices are below 10ema in weekly)

Are we trading counter trend if we consider 10ema in weekly chart as primary trend?
TDI's in 4hrs are opposite direction with daily charts.

Best regards,
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Attached File(s)
File Type: pdf Swing High - Swing Low Price Action.pdf   112 KB | 629 downloads
  • #65,348
  • Feb 2, 2016 5:39am Feb 2, 2016 5:39am
Quoting pete.alfa
Hi Emmanuel, I have some questions from your charts. I think this time it will clear my confusions for all. Thank you AudNzd TDI crosses down in daily chart - means short. Are we trading counter trend? prices are above 10ema weekly & daily from document swing high & swing low(pdf is at bottom) price have to close above or below 10ema. Do we need candle to close for entry? GbpAud TDI TDI crosses up in daily- means long price is above 10 ema in daily chart but hasn't closed yet(prices are below 10ema in weekly chart). Do we need candle...

Hi,

your charts are too crowded with too many things we do not need. those up and down arrows are distractions and you will not see the the price action with them all over your charts.

in my Swing High/Swing Low pdf, there is no 10EMA.

It is mention 5EMA, Typical Price, Shift+3. That's what TMS 5-Method use for direction.

10 EMA is not for trend. It is use on higher TF charts to see where potential market reaction can happen. It is dynamic support and resistance and you need to see that with other S&R and also the Round Numbers.
It is not problem to trade into the 10EMA so long as there is room for exit management.

EURJPY H4 example.
we have a H4 price action entry but no TDI cross ...

Attached Image (click to enlarge)
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regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #65,349
  • Feb 2, 2016 6:05am Feb 2, 2016 6:05am
Quoting emmanuel7788
{quote} Hi, your charts are too crowded with too many things we do not need. those up and down arrows are distractions and you will not see the the price action with them all over your charts. in my Swing High/Swing Low pdf, there is no 10EMA. It is mention 5EMA, Typical Price, Shift+3. That's what TMS 5-Method use for direction. 10 EMA is not for trend. It is use on higher TF charts to see where potential market reaction can happen. It is dynamic support and resistance and you need to see that with other S&R and also the Round Numbers. It is not...
Big Emm, one question regarding your PA on EJ. There's a very WRB formed on last friday. And whenever there's WRB, we forming on that particular timeframe, we would skip trade or go LTF. If WRB/MC is formed, how long before we can trade this consolidating zone? A period of at least 2 days in this example?
  • #65,350
  • Feb 2, 2016 6:08am Feb 2, 2016 6:08am
Hello guys, pls who knows where I can find this "moving avearge with dots"
Thanks all.
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Enter Signature
  • #65,351
  • Feb 2, 2016 6:49am Feb 2, 2016 6:49am
I have a question
When we trade h4 is important trade in London or NY or Asian season or we can trade any time??
Thanks
  • #65,352
  • Feb 2, 2016 7:22am Feb 2, 2016 7:22am
Quoting emmanuel7788
{quote} Hi, your charts are too crowded with too many things we do not need. those up and down arrows are distractions and you will not see the the price action with them all over your charts. in my Swing High/Swing Low pdf, there is no 10EMA. It is mention 5EMA, Typical Price, Shift+3. That's what TMS 5-Method use for direction. 10 EMA is not for trend. It is use on higher TF charts to see where potential market reaction can happen. It is dynamic support and resistance and you need to see that with other S&R and also the Round Numbers. It is not...
Hi Emm, I remember a H4 picture about price trend and TDI rend, you mentioned that if both trend shows same direction that is a A++ trade.
I guess the 5EMA typical shift+3 direction shows a Price trend, other candle patterns such as MC, IB, DBHLC, Engulfing bar,Hammer also shows a price trend, when this according with TDI trend, enter the cross. Does this means a A++chance?
Could you please define more about A++ trade, because there are so many TDI crosses always mislead our newbies and hit SL.
(Sorry, I believe you mentioned many times, but I failed to search A++, it only recognize A)
  • #65,353
  • Feb 2, 2016 8:21am Feb 2, 2016 8:21am
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“Stops don’t limit profits — they prevent disasters.”
  • #65,354
  • Feb 2, 2016 8:25am Feb 2, 2016 8:25am
Oh friends! i took a bad trade, i little crazy trade, not following my rules, it went to my favour fortunately ...but not good! we should follow our rules, that trade reinforced a bad decision
“Stops don’t limit profits — they prevent disasters.”
  • #65,355
  • Feb 2, 2016 9:00am Feb 2, 2016 9:00am
What do you think of that trade Emmanuel7788? Not a good TDI cross right?? Would you have taken it? there was also a bearish pressure... that is what i meant by a bad decision..sorry for my english
“Stops don’t limit profits — they prevent disasters.”
  • #65,356
  • Feb 2, 2016 9:35am Feb 2, 2016 9:35am
Quoting Dimi.A
{quote} Hey bro, I do take note of support and resistance but it doesn't stop me from entering a 4H TDI cross because once that 4H TDI crosses, the odds are in your favour and you'll usually see price smash right through those zones. This is why we don't need Pivots or Fibonacci on our TMS charts because if the push is strong, it'll rip right through those levels! I actually have a solid level of experience with Pivots, Fibonacci and Murrey Math Levels as well but I don't use those tools as part of my TMS trades. Why? Because there's no need to!...
​Hi Dimi, Do you find the 4hr has more momentum to push through any sr than the 1hr if they both have the same angle?

Also is it necessary to make sure the TDI is going in the same direction on 1hr and 4hr to get a better outcome?
  • #65,357
  • Feb 2, 2016 9:59am Feb 2, 2016 9:59am
Took a H1 Cross on GBPJPY Long trying to get in the D1 move... I shouldn't try to do this and be happy with smaller pips. Especially when trading into the DOL. This trade should not have become a loser I think

Tried a GIF for once.. it's not the best but I'll try to do this more often.

Best,
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  • #65,358
  • Feb 2, 2016 10:08am Feb 2, 2016 10:08am
H4. Gbpusd short .gpyjpy short
Any idea???
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  • #65,359
  • Feb 2, 2016 11:49am Feb 2, 2016 11:49am
Quoting floydd
{quote} really? if you look at meihk's recent training chart (http://www.forexfactory.com/attachme...6&d=1454254829) several of his set ups show candles that are no bigger. batvia: there's been some discussion recently about the 5-period MA. some folks don't use it at all. and i believe even Big E said a cross over wasn't always necessary to confirm a trade (see post 718). then again, that HA candle is pretty far away from it, so you might be right. as to the angle of the TDI, i agree with you, but nothing is ever...
Flipping back in Big E's postings, he has 2 approaches:

  1. "....On this method the TDI is King...." (early postings while he was already very succesful with TDI method)
  2. "...#1 in importance is PA, #2 is the TDI for confirmation & Stochs is just an indicator I note..." (later postings).

Did his strategy just evolve this way?

  • #65,360
  • Feb 2, 2016 12:03pm Feb 2, 2016 12:03pm
Quoting BataviaTrade
{quote} Flipping back in Big E's postings, he has 2 approaches: "....On this method the TDI is King...." (early postings while he was already very succesful with TDI method) "...#1 in importance is PA, #2 is the TDI for confirmation & Stochs is just an indicator I note..." (later postings). Did his strategy just evolve this way?
dont be confuse,

its same, you see TDI cross for signal entry, its why TDI is king,
but dont forget about PA, its why he said PA importance,
if you take every TDI cross, you can get much loser entry,
PA is use for filter which TDI cross good or bad

its same, if you see PA good, we check TDI cross is good to?
then entry, you get A+++ entry
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