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Trading Made Simple

  • #79,021
  • Apr 17, 2017 6:44pm Apr 17, 2017 6:44pm
Gold | Short | Open | Aggressive entry | clock face rule or good sharp angle | MTF analysis
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UJ | Long | Open | Aggressive entry | clock face rule or good sharp angle | MTF analysis
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GC | Long | Open | Aggressive entry | clock face rule or good sharp angle | MTF analysis
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Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #79,022
  • Apr 17, 2017 6:50pm Apr 17, 2017 6:50pm
Quoting Simba
Hey Emmanuel7788, What's our plan with AUDJPY this week? I see that a downside trend has been clearly established, do we continue with selling for the coming week with ME/ME? Where would you suggest an emergency SL and our SMART cutloss level? Would greatly appreciate your advice on this. Thanks Simba

Friday Apr 14 is Day Inside Bar, so be careful and avoid trading CONSOLIDATION.... this is an opportunity for the new week 16 Apr 17 to 21.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #79,023
  • Apr 17, 2017 7:00pm Apr 17, 2017 7:00pm
April 18 outlook:

After a long weekend, most major markets will re-open today and expect liquidity to flow again.

Do not rush into trading today. Just be patient and look for the best setups like Big E used to say.

What is the impact on the JPY pairs after what BoJ Kuroda said yesterday? Market will correct itself... then.

The Korean peninsula will remain tense and so listen and have our ears on the ground.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #79,024
  • Apr 17, 2017 7:11pm Apr 17, 2017 7:11pm
Quoting emmanuel7788
Hi Folks, If you follow my live trades at my Trade Explorer, you will see I have open trades in USDJPY and AUDJPY. This week's profits has met my 20-trading days cycle and I am more than happy. I will close all trades today and go on a long weekend and will not have any open trades over the 4 days weekend. Anything can happen in the next 4 days which can spook the markets. Good Trading and Trade Safe.
Hi Folks,

My Trade Explorer is now set to "Buddies only".
I hope FF will also implement a similar 'while list' options soon for their TE other than the buddy list option available now.

I will need to set up the 'while list' for the Fx Blue members by this Friday. I did not manage to find time to do this last week due to the long weekend spent with family.

Be PATIENT.

Trade Well and Trade Safe.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #79,025
  • Apr 17, 2017 7:36pm Apr 17, 2017 7:36pm
Week 17 April 18

D1 chart trading with TDI Moderate mode, price break PAC

AUDUSD buy
GBPCAD buy
NZDUSD buy

Do not over-trade, use money management.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #79,026
  • Apr 17, 2017 7:51pm Apr 17, 2017 7:51pm


Quoting Tekkies
{quote} What I have posted concerning the angle of the Red Line is not in agreement with BigE's post #1718
Quoting Tekkies
{quote}it is extremely hard to let go of M1 and M5 Bad trading habits
Quoting Tekkies
{quote} I am still learning the ropes and only use the TDI cross over MACD has stopped a lot of false signals {image}
Quoting Tekkies
{quote}I admire Emm's patience with us newbies This is a flame and please be offended
Quoting Tekkies
{quote}Emm post about TMS is fabulous
Quoting Tekkies
{quote} emmanuel Can not agree more with you. Been trading 18 months now. Still a newbie with no knowledge what so ever. Only now after countless hours of reading this and that webpage. Bollinger Band. MA, Pivot, Renko, Candle, Renko every system discussed in FF forums. I even tried to better BigE's method.
  • #79,027
  • Edited Apr 18, 2017 12:03am Apr 17, 2017 9:53pm | Edited Apr 18, 2017 12:03am
Quoting ReverseFlash
{quote} {quote} {quote} {quote} {quote} {quote}
You missed a few, there are more of those, can you find them, post them please.
Would you also please spend time and make a list of all the post where Tekkies asked emm not to add / change / alter the system and post them like you did admiration post. Make sure you include the reason for the negative post, that will be imported.

Much more important why don't you contribute to this forum and post some TMS trade's.
  • #79,028
  • Apr 17, 2017 11:59pm Apr 17, 2017 11:59pm
hey guys,

what's up y'all? hope you guys are pipping hot.

I'm new to the trading community and still learning. I've been reading the pioneer (Big E)'s guideline in his 5M discussion notes. Just wondering if his 5M method in this thread is still the same as he provided or it has evolved since it's been a while since he started this thread.

I've been reading big E's old notes and chart that he posted. Downloaded some template that I can try on (red greed TDI). If these were obsolete, can you guys point out where to get the latest one that you guys are using so that new guy here can catch up?

thank y'all!
P/S: how you guys input some funny emoticon in the post? lolx XOXO
  • #79,029
  • Apr 18, 2017 12:53am Apr 18, 2017 12:53am
Quoting emmanuel7788
Week 17 April 18 D1 chart trading with TDI Moderate mode, price break PAC AUDUSD buy GBPCAD buy NZDUSD buy Do not over-trade, use money management.
AUDUSD and GBPCAD today not for me, AUDUSD TDI is below 50 at my chart , GBPCAD seems to be in front of a monthly swing from the past. NZDUSD would be good, but can we recognize the bar from yesterday cause holiday?

regards
  • #79,030
  • Apr 18, 2017 1:02am Apr 18, 2017 1:02am
Quoting emmanuel7788
{quote} For offline backtesting testing purposes, we can use an assumed spread. I use 0.5% of the ADR 100 days as the spread.
Thank you for the suggestion. But you seem to have a better broker than I.
I have 2% - 4% of ADR100. GBP/CAD is 4 % at the moment.
  • #79,031
  • Apr 18, 2017 5:39am Apr 18, 2017 5:39am
Quoting cmcm
hey guys, what's up y'all? hope you guys are pipping hot. I'm new to the trading community and still learning. I've been reading the pioneer (Big E)'s guideline in his 5M discussion notes. Just wondering if his 5M method in this thread is still the same as he provided or it has evolved since it's been a while since he started this thread. I've been reading big E's old notes and chart that he posted. Downloaded some template that I can try on (red greed TDI). If these were obsolete, can you guys point out where to get the latest one that you guys...
edit: Saisha! instead of reading all the way from post #1, I did some reverse reading from the latest post onwards and found emmanuel7788 post #78478. It's helpful. Thanks mate!
  • #79,032
  • Apr 18, 2017 5:47am Apr 18, 2017 5:47am
Quoting zMinga
{quote} Thank you for the suggestion. But you seem to have a better broker than I. I have 2% - 4% of ADR100. GBP/CAD is 4 % at the moment.

For GBPCAD, my live account spread is between 1.2 to 2 pips.
Anything above 5 pips, your trade manager EA must abort trade execution.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #79,033
  • Apr 18, 2017 5:50am Apr 18, 2017 5:50am
Quoting Deichkind
{quote} AUDUSD and GBPCAD today not for me, AUDUSD TDI is below 50 at my chart , GBPCAD seems to be in front of a monthly swing from the past. NZDUSD would be good, but can we recognize the bar from yesterday cause holiday? regards

that GBPCAD 1.6800 was tested last month and again this month.
today we see another test and now break .
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #79,034
  • Apr 18, 2017 5:53am Apr 18, 2017 5:53am
Quoting cmcm
{quote} edit: Saisha! instead of reading all the way from post #1, I did some reverse reading from the latest post onwards and found emmanuel7788 post #78478. It's helpful. Thanks mate!

have you decided on your trading hours?

this is important and you need to decide if you want to trade intraday and/or swing trading and/or position trading.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #79,035
  • Apr 18, 2017 6:06am Apr 18, 2017 6:06am
Quoting emmanuel7788
{quote} that GBPCAD 1.6800 was tested last month and again this month. today we see another test and now break .
How do you keep it with the monthly lines? If a line is in front of your entrance as with the GBPCAD then you go with a certain distance nevertheless in the trade and look what happens? Or are you waiting like the case here that the line has already been tested more than once?

But nevertheless a nice trade on GBPCAD which drives nicely through the news.

best regards

Thorsten
  • #79,036
  • Apr 18, 2017 6:14am Apr 18, 2017 6:14am
Quoting emmanuel7788
Week 17 April 18 D1 chart trading with TDI Moderate mode, price break PAC AUDUSD buy GBPCAD buy NZDUSD buy Do not over-trade, use money management.
Emm,
I follow your PAC logic on AUDUSD & GBPCAD. However Re: NZDUSD seems like we are late to the party on that one, but obviously I am missing something, can you elaborate? This is what my screen looks like.

Thank you.
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  • #79,037
  • Apr 18, 2017 6:22am Apr 18, 2017 6:22am
Quoting Kopan
{quote} Emm, I follow your PAC logic on AUDUSD & GBPCAD. However Re: NZDUSD seems like we are late to the party on that one, but obviously I am missing something, can you elaborate? This is what my screen looks like. Thank you. {image}

Hi,

your PAC is not correct.
Do not use shift in your parameter.

for a valid setup, the HA candle must show a close above the PAC high.

and the TDI Green must cross and both must be above the MBL and the 50-level.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #79,038
  • Apr 18, 2017 6:22am Apr 18, 2017 6:22am
Quoting Kopan
{quote} Emm, I follow your PAC logic on AUDUSD & GBPCAD. However Re: NZDUSD seems like we are late to the party on that one, but obviously I am missing something, can you elaborate? This is what my screen looks like. Thank you. {image}
Hello Kopan, my candles seems to be a little different to yours, also i think your PAC isn't configuered right, do you have your EMA 5 with a shift of 0? It must be 0 not 2 or 3.

My Chart looks like this one:

Attached Image


regards
  • #79,039
  • Edited 8:01am Apr 18, 2017 6:38am | Edited 8:01am
Quoting Kopan
{quote} Emm, I follow your PAC logic on AUDUSD & GBPCAD. However Re: NZDUSD seems like we are late to the party on that one, but obviously I am missing something, can you elaborate? This is what my screen looks like. Thank you. {image}
The PAC is the simply the 5 period Smoothed Moving Average set to High and Low.

Here is one old post by Emmanuel regarding PAC
  • #79,040
  • Edited 6:54am Apr 18, 2017 6:42am | Edited 6:54am
Quoting mazibee
{quote} The PAC is the simply the 5 period Smoothed Moving Average set to High and Low. Here is am old post by Emmanuel regarding PAC



that's very good you have been reading all the old post and dig out the good stuff.
those good stuff shall be be your foundation and build upon using that as foundation and you will do well in 1 to 2 years.

it is like reverse engineering.
we put back what Big E took out of the Synergy trading model and learn that and master that first.
after we have mastered the Synergy trading model, we can then slowly and surely remove those 'learning wheels'.
the PAC is the 'yellow brick road' and you can later remove that when you have mastered price action and then you can then consider use the 5EMA Typical Price, Shift+3.
There is nothing wrong to have both the PAC and the 5EMA on your charts when you trade.
If you look at some of Big E old posts in the CHS thread he did have the PAC on his charts even after he introduced the use of the 5EMA and call he methos 5-Method.
What is important is that you know how the use the PAC and the 5EMA and find better trade setups and make money.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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