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Trading Made Simple

  • #72,921
  • Edited Nov 1, 2016 5:50am Oct 31, 2016 5:06pm | Edited Nov 1, 2016 5:50am
Quoting bunne
{quote} Hi Tekkies, I thought the green line had to cross the red in the 12/2 slope (for bull direction). I also didn't know that red direction was important. Can you explain a bit please? Thanks, bunne

Hi bunne,

Look at the PA of the APB candles. Like Big E, I don't care what the Red line is doing. I look at the big picture of the PA and at the reversal..

Read Post#1718

I get a little frustrated when people keep adding stuff and then posting it on the forum. I repeatedly ask others to PM others on the thread with the new ideas and not posting them. At least PM me with their ideas...

The main entry rule is: green crossing red on the TDI within the first 2 candles for an entry...

I don't care what the red TDI line is doing.

Did Stoch's confirm the TDI signal between the 20-80 lines...?

The 12-2 and 4-6 is for the TDI and not the 5ema... that would just be a bonus...

If you meet the TDI entry rule it doesn't much matter where the 5 ema is in relation to the 1st two candles...

All this extra crap does nothing but confuse other traders and their success rate drops and they can't figure out why...

Everyone - Please stop adding anything... stick to the SIMPLE BASIC RULES.
That's what makes it work !
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #72,922
  • Oct 31, 2016 5:14pm Oct 31, 2016 5:14pm
Quoting catalin_eros
{quote} And still, this post tells a different story...

http://www.forexfactory.com/showthre...17#post7405417
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #72,923
  • Oct 31, 2016 5:18pm Oct 31, 2016 5:18pm
Quoting catalin_eros
{quote} And still, this post tells a different story...

but that post is in the Craig Harris Stochastics Method thread and is not Trading Made Simple or TMS ...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #72,924
  • Oct 31, 2016 5:24pm Oct 31, 2016 5:24pm
Quoting catalin_eros
{quote} Why would you enter short? The D1 is above 5 ema, the H4 is ranging, and you were inside a MC.

you are correct that the setup candle was inside the MC, and MC is not TMS.

and I forgot to check the short term trend and the long term trend...

anyway TMS traders lost money on this one. Also those Synergy traders using PAC also lost money.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #72,925
  • Oct 31, 2016 5:33pm Oct 31, 2016 5:33pm
Quoting Zuiko
{quote} this : http://www.forexfactory.com/news.php?do=news&id=613068

this is why we must have our Stop Loss placed in the broker terminal when we trade.
thank God for the one who invented the use of Stop Loss.

every trade entry must have two exits -
first exit is your Stop Loss
second exit is your Take Profit.

this was what I learn 30 years ago and today this simple rule still work and protect my trading account.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #72,926
  • Oct 31, 2016 5:38pm Oct 31, 2016 5:38pm
Quoting okoso
{quote} I see no chart was attached. Here is my chart. Okoso {image}

Hi okoso,

Your MC indicator has different setting.
I see only one MC[3] on my chart without use of any indicator.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #72,927
  • Oct 31, 2016 5:59pm Oct 31, 2016 5:59pm
Should I avoid placing orders (4H TF) at open Sydney ? Anyone has bad experience with it?

Thanks for sharing,
bunne
  • #72,928
  • Oct 31, 2016 6:04pm Oct 31, 2016 6:04pm
Quoting bunne
Should I avoid placing orders (4H TF) at open Sydney ? Anyone has bad experience with it? Thanks for sharing, bunne
yes, you can trade H4 but not today with several big red news in few hours.

I don't think any small stop loss of 50 to 100 pips can handle the volatility

yesterdays's D1 small body APB/HA candle is warning sign it can go either way.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #72,929
  • Oct 31, 2016 6:06pm Oct 31, 2016 6:06pm
Quote
emmanuel7788
hey emu how to identify range market and fake breckout? range market all time lose me and fake breckout and how identify strong h4 setup................?
my english very bad can u advice me?........................................
  • #72,930
  • Oct 31, 2016 6:13pm Oct 31, 2016 6:13pm
look this and advice want
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  • #72,931
  • Oct 31, 2016 6:41pm Oct 31, 2016 6:41pm
Quoting saranga
look this and advice want {image}


Just my 2 cents, this pair could go either way, the periods you show the pair is ranging (look at the red white red white candles in your 2nd box popping always between the lines). In Daily chart you can see its a rather flat line in comparison with the normal behaviour. You could have seen in the TDI that the green signal got hooked (A). That was a warning to get out. In (B) you have a good sloping line, which means continuation down.

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  • #72,932
  • Oct 31, 2016 6:52pm Oct 31, 2016 6:52pm
Quoting emmanuel7788
{quote} TDSI (10,5,34,3,1,7) 5= Typical Price 3= Period of the Price Line or commonly known as the Green line. 1= Exponential moving average everything you need to know about the Traders Dynamic Index Post#72,156
Hello emmanuel 7788,
I noticed your settings for tdi are 10, 5, 34, 3, 1, 7 but in the settings box in MT4 there are 7 boxes to choose from instead of 6. So what shall i put on the last box which is labeled Trade Signal Type. Or did i read it wrong ?
Thanks.
Attached Image (click to enlarge)
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  • #72,933
  • Oct 31, 2016 7:03pm Oct 31, 2016 7:03pm
Quote
Hello emmanuel 7788,
I noticed your settings for tdi are 10, 5, 34, 3, 1, 7 but in the settings box in MT4 there are 7 boxes to choose from instead of 6. So what shall i put on the last box which is labeled Trade Signal Type. Or did i read it wrong ?
Thanks.
it's right friends
  • #72,934
  • Oct 31, 2016 7:31pm Oct 31, 2016 7:31pm
Quoting saranga
{quote} it's right friends
OK. Last box stays a zero.
Thank you.
  • #72,935
  • Oct 31, 2016 11:13pm Oct 31, 2016 11:13pm
Quoting whitewid0w
Here's a trade I'm looking at for the week. AUDUSD, H4. There is a reversal going up off a possible symmetrical triangle support. TDI + Stochastic confirmation. I don't believe it will go up all the way in quick succession - it's bound to retrace a bit for correction and then there's a better possibility of it going up all the way to the resistance (top yellow line). I am using fib ratios to gauge the areas to look for exits or re-entries. I set a stop loss a few pips away from the previous candle - this usually works for me as it did for Big E....

Well, looks like AUDUSD touched the 61.8% like predicted. Good trade for me.
  • #72,936
  • Nov 1, 2016 12:04am Nov 1, 2016 12:04am
Just thought I'd do a comparison between my chart on entry and exit. It went a bit faster than expected but it eventually broke the resistance. The 68.1% retracement was a real good area because it was around the 0.7650 zone - which to me is a psychological number people like to set their stop losses at for reversal. The more confluence the better in my opinion.

AUD interest news helped solidify the AUD immensely.
Attached Image(s) (click to enlarge)
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  • #72,937
  • Nov 1, 2016 3:23am Nov 1, 2016 3:23am
Quoting emmanuel7788
{quote} but that post is in the Craig Harris Stochastics Method thread and is not Trading Made Simple or TMS ...
True, Emm, but it was in those times when the thread was not focusing on CH method anymore, but on the TDI, stoch, APBs, the 5 ema... So TMS. Anyway, I won't argue with anyone about this. To me, PA is the most important. The indicators are derived from price, not vice-versa. That's why there are people who do naked trading successfully.
  • #72,938
  • Nov 1, 2016 3:25am Nov 1, 2016 3:25am
Quoting emmanuel7788
{quote} http://www.forexfactory.com/showthre...17#post7405417
  • #72,939
  • Nov 1, 2016 3:36am Nov 1, 2016 3:36am
Quoting emmanuel7788
{quote} you are correct that the setup candle was inside the MC, and MC is not TMS. and I forgot to check the short term trend and the long term trend... anyway TMS traders lost money on this one. Also those Synergy traders using PAC also lost money.
This post shows that making mistakes in part of the game, and no matter how good a trader is, he will still make mistakes from time to time. You admit that even with your experience, you forgot to check the basic forex stuff, like short term and long term trend. Respect, Emm!

That reminds me of Nenad, another great trader, who admitted in one of his webinars that he forgot to use a stop loss in one of his trades that went bad. So these things can happen to anyone. Again, respect for admitting when you are wrong.
  • #72,940
  • Nov 1, 2016 3:51am Nov 1, 2016 3:51am
My AJ trade finally hit its TP. H4, long, MEME.
Attached Image (click to enlarge)
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