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Trading Made Simple

  • #75,981
  • Feb 16, 2017 3:15pm Feb 16, 2017 3:15pm
XAUUSD Week 07

For those who believe in market harmonics stuff,

what do you think of this XABCD and

completion of the AB=CD leg?

is there a time duration for the CD leg or just test your patience?

Attached Image (click to enlarge)
Click to Enlarge Name: XADUSD XABCD leg.png Size: 44 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #75,982
  • Feb 16, 2017 3:20pm Feb 16, 2017 3:20pm
Quoting pips29
{quote} I see some support on both a/u and a/y on the 4 hour...I'll keep my gun in the holster for a little bit longer, anyway, wish you the best

or maybe I should learn some macro trading and drop down to M1 and look for a turn in the TDI at those levels 32 and 68. LOL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #75,983
  • Feb 17, 2017 12:34am Feb 17, 2017 12:34am
Possible short signal on EurGbp? TF H4
Attached Image (click to enlarge)
Click to Enlarge Name: Senza nome.png Size: 51 KB
  • #75,984
  • Feb 17, 2017 2:13am Feb 17, 2017 2:13am
Quoting tanoking
Possible short signal on EurGbp? TF H4 {image}
Hi tanoking.
Look at 3 bars back. It's MC bar. You need to be careful with enter at a time.
p.s. read and re-read post #647. It is a part of TMS.
Attached File(s)
File Type: pdf TMS 5-Method Basic Rules.pdf   873 KB | 797 downloads
There is no reason to trade if there is no reason to trade.
  • #75,985
  • Feb 17, 2017 2:33am Feb 17, 2017 2:33am
Quoting marionetka
{quote} Hi tanoking. Look at 3 bars back. It's MC bar. You need to be careful with enter at a time. p.s. read and re-read post #647. It is a part of TMS. {image}

also have these unwritten rules:

- on days when there are tier one data release, always follow the higher timeframe D and avoid taking any counter trend trades.

- when trading this EURGBP cross, always check if the three amigos AUDUSD, EURUSD and GBPUSD are riding in the same direction.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #75,986
  • Edited 5:24am Feb 17, 2017 2:33am | Edited 5:24am
Am amazed at what member's post.
Now these type of post's really contribute to clarify BigE's Trading Made Simple.
New member comes to Trading Made Simple to learn to trade the method that BigE use.
He read that post and is immediately confusioned , for every word in that post is in contradiction of what BigE have posted

From a member's post:
"here are trades which I follow the Day candle close and I take the trade any time during the H1.
no need to wait for H1 setup and TDI cross."

Day candle close
No where did BigE mention anything about day candles closing. Why mention it in BigE forum or even post about it.

"no need to wait for H1 setup and TDI cross."
What the ....... That means a newbie can trade anyway he want's as long as he follow's the Day candle close.
What is a H1 setup?
TDI is the heart of this method. BigE say when you see a TDI cross you must look to your left, apply forex basic (post#647 and others). Now this member say no need to wait for a TDI cross. What about a rebound? When do I check for price action? On what do I base my trading decision?

Look at the chart posted is even more of a confusion.
The member follow the Day candle close. Why post a H1? Did he not realise that BigE's Trading Made Simple is for members that are first time traders or total lost to how to trade.
The member did not say if it is buy orders or sell orders. How must a newbie know that those trade's are sell order's
BigE clearly stated that you must enter on bar 1 or bar 2 even when you use the daily.
Buy order's are place in consolidation. Even when you trade the D1 consolidation on lower time frames might lead to trend reversely.
2 Buy orders are closed and a 3de buy is opened almost at the same time (arrow 3) why?
Buy order (arrow 3) also has a drawdown
Why is buy order (arrow 4) also not closed when buy order's from arrow 3 are closed at arrow 5
Buy order (arrow 1) - what about that huge drawback the newbie must suffer for 11 hours then a second buy order is add to the suffering for 5 hour's

Look at buy order (arrow 4) what about that drawback the newbie must suffer.
Did the member closed that order in profit or was it one big losing trade looking at where EURUSD is now?

That post and chart is a good example of how not to trade.
Even with limit knowledge of trading it is easy to spot a bogus post

There is nothing wrong to trade the Day candle close on the H1 chart. Apply the same rules when a TDI cross is made. Trade only in the direction of the D1 trend.
Attached Image (click to enlarge)
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All you need to learn to trade Trading Made Simple BigE's way is to download BigE full.pdf and TDI Cross.pdf. Do what BigE have posted, do not understand what BigE is saying seek advice, google for answers. Spend time in front of the computer with the Big Guy.

Keep it simple, Keep it stupid, Keep it BigE's way
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  • #75,987
  • Feb 17, 2017 2:39am Feb 17, 2017 2:39am
Quoting Tekkies
Am amazed at what member's post. Now these type of post's really contribute to clarify BigE's Trading Made Simple. New member comes to Trading Made Simple to learn to trade the method that BigE use. He read that post and is immediately confusioned , for every word in that post is in contradiction of what BigE have posted From a member's post: "here are trades which I follow the Day candle close and I take the trade any time during the H1. no need to wait for H1 setup and TDI cross." Day candle close No where did BigE mention anything about day candles...
Tekkies,

you are becoming the biggest joke in this thread.

Big E only made 1485 post in FF. If you reply only on what he said, you wont make it to be a profitable trader. If you believe that 1485 post is all you need to become a trader, you should lay in your bed and think seriously why you are trading this forex market.

You are quoting my posts so I will reply. And don;t tell me to leave you alone.

Nobody here will ever take your seriously from now onwards.

Take Care.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #75,988
  • Feb 17, 2017 3:25am Feb 17, 2017 3:25am
Quoting Tekkies
Am amazed at what member's post. Now these type of post's really contribute to clarify BigE's Trading Made Simple. New member comes to Trading Made Simple to learn to trade the method that BigE use. He read that post and is immediately confusioned , for every word in that post is in contradiction of what BigE have posted From a member's post: "here are trades which I follow the Day candle close and I take the trade any time during the H1. no need to wait for H1 setup and TDI cross." Day candle close No where did BigE mention anything about day candles...
Tekkies,


if you only take TDI cross with Stoch,

what about these I marked on your EU H1 chart posted above.

tell us why you only took the last trade which happen to turn out to be a winner. Don't make excuse that you were not at your trading computer, etc. we all hear this too often when people only post their winning trades. You are here to mislead people that trading your way will be profitable. People knows that trading is long term and they do not believe in such short term profitable trades. I am sharing a lot of trading knowledge and experience here and you are have nothing to share with the people here except your cut-and-paste of Big E old posts and make them look like they are your own posts. You are misleading people here.

Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies EU H1 chart Feb 17.png Size: 88 KB


Your post above shows simply that you do not understand anything what I posted this week. Your mind and heart is so filled with anger and hatred and your anger and hatred blind your ability to read and understand what I posted this week. You think I am here to spoon feed people. My post is to make people look at details and make them think what is my thought process when I am trading. People who cannot see what I meant in my posts are ready to ask questions. I am sure many still did not understand what I meant about trading the D1 chart and what it mean to trade the CONTINUATION. Use your brain and think, after the D1 setup with TDI crossed, do you need to wait for a H1 TDI cross to enter the market? You have 24 hours which means there are 24 H1 candles in case you do not know this, you can enter any time, and it is all about entry and exits. Do you understand why I said many times - one entry must have two exits? Let's see how smart you are in this one.

Big E did mentioned that do not be afraid to trade the Day chart for those who have day jobs. Post 4752. Did he explain how he traded the day charts? Did he explain why he did not trade the Day chart?
Did Big E mention anything about trading thought process, sure he did not. He also did not spoon feed people. he wanted people to think on their own. Read his post all over again and this time read them with open mind. I am sure when you open you mind your brains will not fall out. You have a mental deficiency in reading and comprehension. That is your problem.

You are here to mislead people that trading your way will be profitable. People knows that trading is long term and they do not believe in such short term profitable trades. I am sharing a lot of trading knowledge and experience here and you are have nothing to share with the people here except your cut-and-paste of Big E old posts and make them look like they are your own posts. You are misleading people here. Start sharing what your market knowledge is and your trading experience, let the people learn from what you know.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #75,989
  • Feb 17, 2017 3:42am Feb 17, 2017 3:42am
Tekkies,


here is what my D1 chart trading this week.
total 224 pips

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD D1 chart trading this week.png Size: 22 KB


Must you always enter only using APB#1 and APB#2 and miss the entire trend run? Did Big E not mentioned that each swing will last 3 to 8 candles? Why did he chose to enter only candle #1 and candle #2? Did he mentioned about re-entry? which candle is his re-entry?

Did you miss Big E's post on how to place your stop loss other than using the last swing high or swing low. You should go back and read all Big E posts again and each time you must look at the charts to understand what he meant by his words.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #75,990
  • Feb 17, 2017 3:51am Feb 17, 2017 3:51am
Quoting Tekkies
Am amazed at what member's post. Now these type of post's really contribute to clarify BigE's Trading Made Simple. New member comes to Trading Made Simple to learn to trade the method that BigE use. He read that post and is immediately confusioned , for every word in that post is in contradiction of what BigE have posted From a member's post: "here are trades which I follow the Day candle close and I take the trade any time during the H1. no need to wait for H1 setup and TDI cross." Day candle close No where did BigE mention anything about day candles...

@Tekkies,

you edited your last post so I must reply to help you better understand how I trade the Day chart using this 5-Method.

Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies post reply 75986.png Size: 393 KB


use Google to find answers? no wonder your mind is all mixed up.

Edit.

Sorry there is typo in that pic above; should read..

@Tekkies,
When you look at the trees, you missed the beauty of the forest.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #75,991
  • Edited 8:33am Feb 17, 2017 3:58am | Edited 8:33am
Quoting emmanuel7788
{quote} Tekkies, you are becoming the biggest joke in this thread. Big E only made 1485 post in FF. If you reply only on what he said, you wont make it to be a profitable trader. If you believe that 1485 post is all you need to become a trader, you should lay in your bed and think seriously why you are trading this forex market. You are quoting my posts so I will reply. And don;t tell me to leave you alone. Nobody here will ever take your seriously from now onwards. Take Care.
I don't care what members think. BigE may have posted n limit number of post so what. The guide lines has given me a solid base to work from. Those guidelines gave me direction in Forex trading. Now I begin to understand trading I am expanding my knowledge to fill the "void" that BigE has left.

The market deiced who is the joker in the end of the day. All my orders for today are in profit and trailer stop's are already active. What more can a trader ask for. My profit trades exceed's my losing trade's. The only way that came to realisation is by doing what BigE said to do.

Yes I do have losing trades which is becoming less and less everyday. I look for the reason why.
#1772 if it draws back (losing order) on me that much then I screwed up and didn't do my analysis correctly... missed something...

I would be ashamed Emmanuel for posting misleading post's like that.
NB - How much did you lose on that last sell order (arrow 5)?
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Edit:
While I wrote a lot of post's from emmaneul come in.
Emmanule is this how you try and do damage control. When members question your method you always shift the focus of what is wrong (your post) back onto the member who question you.

-"Your mind and heart is so filled with anger and hatred and your anger and hatred blind your ability to read and understand"
My, my, you are not only a trader you got a PhD in Psychologists. You do not know me and from one post you make your assumption.
-"You are misleading people here."
How come? By pasting BigE post's to emphases his method and not yours.
-"Do you understand why I said many times - one entry must have two exits?"
???? Why do I have to understand it. Big deal. Placing an order there are only two ways it can end. exit 1 = profit or exit 2 = lose. No rocket sciences required.
Everything in between is bulls***t baffle brains
post#6 Entries and exits...
We Enter a trade when green crosses red on the TDI at the beginning of that candle... (apply #post647)
If it's candle 3 or more don't enter... find another trade set up.
The only exception is if green bounces off red and continues... it's ok to re-enter on the bounce...
Exit your trade when the green TDI line goes flat, starts to hook over or makes a check mark reversal.
-"Big E did mentioned that do not be afraid to trade the Day chart for those who have day jobs. Post 4752. Did he explain how he traded the day charts?
Why must he or should he explain how to trade the Day chart when his main focus was on H1, H4.
"Did he explain why he did not trade the Day chart?"
Why must he or should he explain his reason why he did not trade the Day chart. Trading Made Simple is about the TDI cross on H1 and H4. Why do you throw D1 trading in the mix. Did BigE asked you or is that a depiction made on behalf of BigE.
-"You are here to mislead people that trading your way will be profitable."
So here you are telling members that BigE and Trading Made Simple is not profitable. How many times have post's ended by me that members to download BigE full.pdf and to study it. To keep is simple and to trade the chart the way it is laid out
-"People knows that trading is long term and they do not believe in such short term profitable trades."
You must have a crystal ball to know every time you place a order that it is a going to be long term trade. You are also contradicting yourself looking at the post with the total 224 pips. Which of those many order's you placed is now a long term order?
-"Start sharing what your market knowledge is and your trading experience, let the people learn from what you know."
I am a newbie trader. I know nothing yet. What I know is what I have received from Above and BigE. What i do know is that when a member post a post that is inconsistency to BigE's posts and method. I will flap my lips about it. Why can you post what you want and then in #post 75946 you remind a member to post only about 5-Method. Is "Day candle close" part of Trading Made Simple?
http://www.forexfactory.com/showthre...35#post9187435
-"use Google to find answers? no wonder your mind is all mixed up."
You do have a sense of humour. Where did your knowledge come from, books, trading mistakes or were you born with the ability to trade profitable? Google for information gives me the opportunity to read what other traders view point is about a certain subject. Reading books by one author give you only the author's view point on how he see and understand the market.
-"how I trade the Day chart using this 5-Method."
"No problem because BigE mentioned..........."
Why would BigE placed a stop loss below sell orders? That is wrong. The stop loss must be above the sell order to work.
Anyway what does a forest got to do with trading? I see a post by a member that is misleading. No tree's no forest will change that.

That is the problem emmanule. This is not your forum. It is BigE's forum. Start your own thread about Day trading and ME/ME and stop piggyback on BigE's method and his success. He trade H1 and H4. What you posted is not how BigE traded. There is nothing in that post by you about Trading Made Simple or TMS 5 Method. It is all about how you trade and see the market
Compare these two post's emmanule. One a very informative post and the other one a bag full of ...........
http://www.forexfactory.com/showthre...35#post9187435
http://www.forexfactory.com/showthre...35#post9564235

What happened to the emmanule we know and admire.
  • #75,992
  • Feb 17, 2017 4:22am Feb 17, 2017 4:22am
Quoting Tekkies
Am amazed at what member's post. Now these type of post's really contribute to clarify BigE's Trading Made Simple. New member comes to Trading Made Simple to learn to trade the method that BigE use. He read that post and is immediately confusioned , for every word in that post is in contradiction of what BigE have posted From a member's post: "here are trades which I follow the Day candle close and I take the trade any time during the H1. no need to wait for H1 setup and TDI cross." Day candle close No where did BigE mention anything about day candles...
as I can see you are saying Buy orders when orders were Sell ?
  • #75,993
  • Edited 4:43am Feb 17, 2017 4:28am | Edited 4:43am
Quoting Tekkies
{quote} I don't care what members think. BigE may have posted n limit number of post so what. The guide lines has given me a solid base to work from. Those guidelines gave me direction in Forex trading. Now I begin to understand trading I am expanding my knowledge to fill the "void" that BigE has left. The market deiced who is the joker in the end of the day. All my orders for today are in profit and trailer stop's are already active. What more can a trader ask for. My profit trades exceed's my losing trade's. The only way that came...

@Tekkies,

Now you realised that Big E's 1485 posts here in FF is only a solid base and is not sufficient and there is 'void' you are looking to fill using goggle.

To you my posts and charts are bogus and misleading because your anger and hatred make you believe that. You need to get rid of your anger and hatred. You need to find bliss in your life to which will lead you to succeed both in life and in trading.

I agree with you Big E gave us a good base for his 5-Method. But there are many other lessons missing not covered in his 1485 posts. I don't use google but I learn from professional traders and from books written on investments and trading, money management, risk management, trading psychology, etc.

You profit is short term. You must look at long term profitability - 3 to 5 years. Why bother to trade with money you can afford to lose? Why treat your trading money as entertainment money you take to Las Vegas and do it for fun.

How much did I lose per trade? you have not been reading my post since 2015. I trade with %risk and do position sizing. No matter how big my stop loss in pips, my risk per trade is not more than 2%. I trade with 1% to 2 % risk per currency pair and divide each into 0.2% risk per trade and maximum 5 trades in one basket. I use Position Sizing in my Money Management strategy taught by Dr Van Tharp. Now you can google 'Van Tharp'. It will change your life when you do his transformation. Read his lastest book title Trading Beyond the Matrix.

I look at your trade summary and you have many trades hitting your stop loss and with very small profits. You also have problem in your money management when I look at your trades lot sizes. From my experience, you have a serious trade exit management problem. Van Tharp can help you so you must read his books - Super Trader and Trade Your Way to Financial Freedom. When you have less or fewer losing trades, that is very good. If you pick only the best trade setups like Big E, you will trade a lot less and you will have fewer losing trades. If you stop trading when market is in consolidation like what Big E mentioned many times, you will have 50% less losing trades.
learn from van Tharp how to identify the market type to trade. Big E 5-Method is a trend following trading method so you must only trade following the trend and do not trade narrow range market type.

Good Luck.

Edited typo errors.
Attached Images
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #75,994
  • Feb 17, 2017 4:34am Feb 17, 2017 4:34am
Quoting suirad0
{quote} as I can see you are saying Buy orders when orders were Sell ?

Hi Suirad0

you are correct, that was sell order and at that time of that post, that sell order was not closed because my trade manager EA uses magic number to keep track of different baskets of trades and manage each basket differently.

I know Tekkies is very emotional person and he will make all kinds of conclusion because of his anger and hatred. I don't blame him because traders must have both EQ and IQ.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #75,995
  • Feb 17, 2017 4:50am Feb 17, 2017 4:50am
Quoting emmanuel7788
{quote} @Tekkies, Now you realised that Big E's 1485 posts here in FF is only a solid base and is not sufficient and there is 'void' you are looking to fill using goggle. To you my posts and charts are bogus and misleading because your anger and hatred make you believe that. You need to get rid of your anger and hatred. You need to find bliss in your life to which will lead you to succeed both in life and in trading. I agree with you Big E gave us a good base for his 5-Method. But there are many other lessons missing not covered in his 1485 posts....
Hi emmanuel7788,

Your money management is very correct. even I know some portfolio manager and they keep their position not more than 2-3%. Sometimes less than 1%. You are really good manager

Especially your exposure in your basket trading really correct! Most professional don't exposed to same industry/energy/fx too much..

ONE important question: Are you Money Manager???
Let Market Tell You
  • #75,996
  • Feb 17, 2017 4:51am Feb 17, 2017 4:51am
Quoting emmanuel7788
AUDJPY Feb 17 D1 chart, Bearish Engulfing Bar BEEB setup, good to short Aussie taking a breather from its recent rally. A reprieve for many early short sellers. {image}

Okay folks,

who took at day chart BEEB trade?

you must be in the money now and be careful now and how will London close.

we shall see next Monday what happens after today's London closed.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY Week 07 Feb 17 BEEB setup.png Size: 21 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #75,997
  • Feb 17, 2017 5:20am Feb 17, 2017 5:20am
Emmanuel,I would like to know your tip: Weekly Eur-Usd seems like bearish while Daily seems like bullish from two day. In this case,do u seek only short trade this week or long trade following daily?

Thx
Mi odino pure, purche' mi temano. (Gaio Cesare Germanico Caligola)
  • #75,998
  • Feb 17, 2017 7:54am Feb 17, 2017 7:54am
Quoting emmanuel7788
{quote} Okay folks, who took at day chart BEEB trade? you must be in the money now and be careful now and how will London close. we shall see next Monday what happens after today's London closed. {image}
I was waiting for that short off that R level for quite a while, but you advised me there was no possible short trades for AJ at all! I deferred to your greater knowledge. But evidently I missed the short waiting for the buy signal.
  • #75,999
  • Feb 17, 2017 8:47am Feb 17, 2017 8:47am
Quoting emmanuel7788
{quote} a pic can explain ... {image}
can you please give me details of the lower windows indicator . download .

Thank you Bob
  • #76,000
  • Feb 17, 2017 4:28pm Feb 17, 2017 4:28pm
Quoting emmanuel7788
{quote} I see Divergence between price actio and the TDI.... I'll join you. I am aware of BRN 1.3100 just above. and no need for those pivots, just look at previous price action PPA and the BRN 00 and RN 50 levels. Edit: add chart {image}

This is how this H4 Divergence trade turned out.

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Feb 17 H4 trade divergence.png Size: 164 KB


Warning! This can be a bogus trade.
To a hater like Tekkies, he will say this is bogus post, trade, etc. He has a lot so say. He makes a lot of noise in this thread because empty vessel makes a lot of noise to get your attention. He does not know his own trading platform well. He does not know that when initial stop loss is moved by the trader, the new stop loss can be above the entry price as in this buy trade example. He uses trailing stop in his trading but he does not see this. LOL.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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