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Trading Made Simple

  • #75,021
  • Jan 25, 2017 4:57am Jan 25, 2017 4:57am
Quoting Tekkies
{quote} Pips read Post#1025 When I see green cross red it's a set up... but before taking the trade I look at PA, Hi/Lo, Res/Sup, Stochs, etc, etc BASIC Forex things you need to check on any method or possible entry.. If it all looks good, I jump in... only takes 30 sec. to look at it all when your experienced. It's quick... At night when I enter a 4hr trade I go to bed and don't monitor the trade until the next 4hr candle appears. If it still looks good I let it continue and go back to sleep. If not I exit the trade and go back to sleep... I close...
You are speaking for others now...don't be so ignorant...LW did not trade the 4 hour tf and she was "part genesis" and part "Big E".. in other words her own style...RJ trades "genesis" cigarguy, an expert trader of the 5 min and griffinsoul , a very good "hindsight trader" and you " a very crappy trader"who is always crying to mama..From the "free contests" you have entered, you can't even make money from a demo and you are telling so many seniors of this thread what to do. You must be the biggest joke of this year! I had traded this method exactly as laid out by big E when he started this thread. I was around when he started and I know what I am talking..Bizzle ,not too long ago did exactly what big e did and he's not talking..Stevepatt, a respected trader could not make this method work and so were many others..you know very little but talk as though you are highly profitable with this method...btw what happened to your short on g/u..My trades on g/u were all long and were all profitable...like I said before even if you win I won't lose
the cautious seldom err....C
  • #75,022
  • Jan 25, 2017 4:59am Jan 25, 2017 4:59am
Quoting emmanuel7788
{quote} Hi Pipster, One further comment after I look at my D1 chart. When I trade H1 I prefer to trade in the direction of the D1 chart. I don't think I need to quote Big E old posts anymore more nor I have to cut and paste his old posts because it does not add value to any sharing and discussions here. A lot of the basic forex trading stuff Big E already covered in his 1485 posts in FF. EURCAD Week 4 Jan 25.png;2154837 Be prepared to take quick profits and do the turn around thing. Trade Well. {image}

Emm,

I see different setup in the 4h frame forming...

Why you decided to go that way? Bigger timeframe?

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  • #75,023
  • Jan 25, 2017 5:14am Jan 25, 2017 5:14am
Quoting inforserve
{quote} Thanks!!! I will have look TMS_Angleator_pureTDI .
Stop the truck - I was only asking
and that indie is only the first one in a long line of TDI indies
  • #75,024
  • Edited 5:44am Jan 25, 2017 5:29am | Edited 5:44am
Quoting Tekkies
{quote} Stop the truck - I was only asking and that indie is only the first one in a long line of TDI indies

Hi Tekkie

Is there any rule that I can't use MTF indicator in my chart in this Forum?
  • #75,025
  • Jan 25, 2017 5:51am Jan 25, 2017 5:51am
Quoting Robert852
Hello all, my name is Robert. I am from Germany, student and interested in trading. Till now I was just trading stocks. Would you recommend trading this system parallel to studies? I am searching for and also to earn some cash. But at first it should be fun, cause I am convinced, that no business is going on well without enjoying what you do. Best regards, Robert
Robert
first define studies - Medical, Engineering, Marine, Computer?????
new possibilities to learn something new - Everyday has possibilities to learn something new. Know where to look for it.
Forex is fun. In fact it is hilarious funny when you read the last couple of post'. It is more then fun it is addictive.

earn some cash
That is not going to happen Robert with out some heavy investment in to time, dedication, determination, learning
It is a lonely vocation with only you and the chart's and every trader in the market against you.

Trading Made Simple is a wonderful method. Download BigE full.pdf (papier clip top right)
Read it. If you feel the same come back to forexfactory.
Super confidant that the most knowledgeable trader in FF will show you the ropes how to trade.
  • #75,026
  • Jan 25, 2017 6:02am Jan 25, 2017 6:02am
Quoting inforserve
{quote} Hi Tekkie Is there any rule that I can't use MTF indicator in my chart in this Forum?
From me --- No
From BigE --- Yes
#4386
Well... while the cat is away the mice do play I see...
Where are all these extra indicators coming from? This is a powerful simple system that works
just like I've shown you. I remember posts where I was told that it just had to be more
complicated... but it's not. Any additional templates or indicators will influence your decision
making..

and you miss understood me infoseve

I ask why are you using an EMM instead of TDI. That indie I mentioned in that post was the first one I could remember. Do not use the first indie that some nutcase mention in a post.

You have to find one that suit you the best.
You have to check each and every one for how accurate are they reflecting the market condition.
Are they giveing you the right info at the right time.
Are they lagging
Are they heavy on the computer (cpu)
Are they useing dll and what is inside those dll
  • #75,027
  • Jan 25, 2017 6:13am Jan 25, 2017 6:13am
Quoting Tortilla
{quote} Emm, I see different setup in the 4h frame forming... Why you decided to go that way? Bigger timeframe? Captura.JPG;2155209 {image}
Hi,

I did not trade this pair this week.
I was commenting on Pipster trade based on his chart. He traded H1 at a time when the volatility for CAD pairs is low as we see the small candles. Also the short term trend H4 is bearish and the longer term trend D1 is bearish. Corrective move are likely 'stop hunt' as some believe. I notice that he place a single entry trade with 100 lots so taking 10 pips off any bounce after a strong D1 candle can make good money.... but very high risk.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #75,028
  • Jan 25, 2017 6:22am Jan 25, 2017 6:22am
Hi again,

What aboout this setup?

Entry next candle, setup candle crossing EMA 5

Resistance is near, TP right there

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  • #75,029
  • Jan 25, 2017 6:25am Jan 25, 2017 6:25am
Quoting Robert852
Hello all, my name is Robert. I am from Germany, student and interested in trading. Till now I was just trading stocks. Would you recommend trading this system parallel to studies? I am searching for new possibilities to learn something new and also to earn some cash. But at first it should be fun, cause I am convinced, that no business is going on well without enjoying what you do. Best regards, Robert

Hallo Robert,

You are trading stock so I recommend you stick to stock trading for now until you complete Uni.
I trade the stock market since mid-1980s and it is still a good source of second income when you look at inflation, bank rates, other riskier instruments, etc. It will take a few years to master the art of trading the stock market. Once you found your WINNING SYSTEM which fits you and your lifestyle you will have a good source of second income while you build your professional career. Go and look for education and development as a stock trader. Dr Van Tharp has good books for stock traders.
Do not be tempted by this spot forex market today. It can damage your trading account when you do not have the time for it.

Another suggestion, stay away from public forum where there are many talking experts who do not trade nor make any money from the forex market.

Good Luck and enjoy the journay as a trader.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #75,030
  • Jan 25, 2017 6:27am Jan 25, 2017 6:27am
Quoting Tortilla
Hi again, What aboout this setup? Entry next candle, setup candle crossing EMA 5 Resistance is near, TP right there Captura.JPG;2155333 {image}

consolidation is what I see. 50% of such trade setup will fail.

how to trade when you are in consolidation?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #75,031
  • Jan 25, 2017 6:44am Jan 25, 2017 6:44am
Quoting emmanuel7788
{quote} Hi, I did not trade this pair this week. I was commenting on Pipster trade based on his chart. He traded H1 at a time when the volatility for CAD pairs is low as we see the small candles. Also the short term trend H4 is bearish and the longer term trend D1 is bearish. Corrective move are likely 'stop hunt' as some believe. I notice that he place a single entry trade with 100 lots so taking 10 pips off any bounce after a strong D1 candle can make good money.... but very high risk.

Thank you for your elaborate answer!

Regards!
  • #75,032
  • Jan 25, 2017 6:47am Jan 25, 2017 6:47am
Quoting emmanuel7788
{quote} consolidation is what I see. 50% of such trade setup will fail. how to trade when you are in consolidation?
Dear Emmanuel,

Well, at least this time I'm 50% right, last time was completely wrong so...

One question if you do not mind...Where so you see it is consolidating? I want to understand everything or at least try to!

Many thanks in advance!
  • #75,033
  • Jan 25, 2017 7:37am Jan 25, 2017 7:37am
Quoting Tortilla
{quote} Dear Emmanuel, Well, at least this time I'm 50% right, last time was completely wrong so... One question if you do not mind...Where so you see it is consolidating? I want to understand everything or at least try to! Many thanks in advance!
In my opinion, the consolidation is the area of "the last eleven candles" on your chart.
Attached Image
  • #75,034
  • Jan 25, 2017 7:41am Jan 25, 2017 7:41am
Quoting pdduc13
{quote} In my opinion, the consolidation is the area of "the last eleven candles" on your chart. {image}
Taking a second look you are right, no movements in these candles...

Consolidation market...better pass to another setup, correct?
  • #75,035
  • Jan 25, 2017 7:41am Jan 25, 2017 7:41am
Quoting pips29
{quote} You are speaking for others now...don't be so ignorant...LW did not trade the 4 hour tf and she was "part genesis" and part "Big E".. in other words her own style...RJ trades "genesis" cigarguy, an expert trader of the 5 min and griffinsoul , a very good "hindsight trader" and you " a very crappy trader"who is always crying to mama..From the "free contests" you have entered, you can't even make money from a demo and you are telling so many seniors of this thread what to do. You must be the biggest joke of this year! I had traded this method...
Read this forum
http://www.forexfactory.com/showthread.php?p=8063830

You speak of your trades why don't you show them aswell
What happend to G/U trade
http://www.forexfactory.com/showthre...78#post9475578
  • #75,036
  • Jan 25, 2017 8:23am Jan 25, 2017 8:23am
Quoting emmanuel7788
{quote} Of course we can all discuss Plan, Build and Run for Position trading on Day charts. I need to see the number of traders here who are interested and we can consider do a project on this. Let me know who is interested and have the commitment to work hard for a few months. Do not decide so soon, but first you must read up all my posts on "empty space" and know what Plan,Build and Run is about. only 15 posts with charts to read. here FF search keyword empty space.png;2154490 {image}
hello
I am interested
regards
  • #75,037
  • Jan 25, 2017 8:24am Jan 25, 2017 8:24am
Quoting emmanuel7788
{quote} Of course we can all discuss Plan, Build and Run for Position trading on Day charts. I need to see the number of traders here who are interested and we can consider do a project on this. Let me know who is interested and have the commitment to work hard for a few months. Do not decide so soon, but first you must read up all my posts on "empty space" and know what Plan,Build and Run is about. only 15 posts with charts to read. here FF search keyword empty space.png;2154490 {image}
Hey Emm, same here. I am willing and am able to participate with every second I have! No doubt!
Godwithus
  • #75,038
  • Edited 9:26am Jan 25, 2017 9:05am | Edited 9:26am
Dear Emmanual and Tekkies:

To help me simplify my TDI Charts, I have replaced TDI Sub-Chart for an on-Chart (close, no shift) EMA 2, EMA 5 and EMA 34, that seems to almost perceptively aligns with Real Time TD with PA being right there !

As a result, I have been able to place the real time volatility Indicator with the Stoch.

I find that in this way, my TDI-like EMAs, are right in your face, with the PA, to safe analytical time.

Please let me know what you two (or others here) think and I would be happy to upload my template - please see below (Broker Oanda GMT-5 Demo) using M30, but usually using H1 as you two recommend and H4 in the EST evening 1600, 0000 and 0745 to avoiding interruption of my Phase IV Stage of Sleep needed for long-term health, avoiding premature death, with 7-8 hours of Sleep.

Multiple Charts follow only to show the correlation on the M30 that I observed this morning with this setup - whether a good or bad personal trade to avoid any Bias using large SL with S/R, size of prior HAs, Stoch, etc and small 10-30 Pip Targets (Exists):

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Now, Patience to allow Trades to go forward with small 0.01 Lots, large SL and small TP ( as noted above) with adequate theoretical Equality on Demo for realistic personal %DD and adequate Margin !

Best wishes All !

PS: I hope I have not, or will not, offend any TMS members here, with my personal theoretical Chart, just for review of you ALL, for critique (s), for learning reasons for this humble student here on TMS !
P.S.S.: BTW, today is my BD ! I am 60 years young today ;-)
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647
  • #75,039
  • Jan 25, 2017 9:35am Jan 25, 2017 9:35am
Quoting emmanuel7788
{quote} consolidation is what I see. 50% of such trade setup will fail. how to trade when you are in consolidation?
Hi Emmanuel,
So this is one of my struggle points - could you point me in a direction from your experience pls?

It's the catch 22 of needing a change of colour crossing the 5 as an entry criteria but the colour changes being frequently in congestion. I must be missing something obvious either by PA or a bar entry that I am just not seeing.

Any comments welcomed.
Thanks
Griff
always learning
  • #75,040
  • Jan 25, 2017 9:38am Jan 25, 2017 9:38am
Quoting DrForexMD
Dear Emmanual and Tekkies: To help me simplify my TDI Charts, I have replaced TDI Sub-Chart for an on-Chart (close, no shift) EMA 2, EMA 5 and EMA 34, that seems to almost perceptively aligns with Real Time TD with PA being right there
This is not my forum to say stay or go Dr
Read what and how BigE felt (post#4386) is one of few and then you decide yourself
The best will be to open your own forum where you can control the content and the direction of development (fine tune if need) of your system.
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ubirock