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Trading Made Simple

  • #81,701
  • Sep 1, 2017 2:15am Sep 1, 2017 2:15am
Quoting chnp
{quote} Thank you so much. I did some test on EU 2017 First Half D1. It's so good. Please help to check if the entry and closure are right if you have time. Many thanks. {image} {image}
that test results looks the same what I have for single entry single exit.
only 3 simple rules using the HA, PAC and TDI, that is how Big E started in 2008.
rules are mechanical, so these can be coded in to an expert advisor.

my chart below shows all the entry and exit with win/loss in points.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD D1 Jan to Jul 2017.png Size: 69 KB

overall for 7 months is still profitable in pips.

if your trade with ME?ME , the profits will be much more in $$$$money.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #81,702
  • Sep 1, 2017 2:36am Sep 1, 2017 2:36am
Quoting irishcraig09
{quote} Hi Emmanuel When can we expect a the new version?? How long do you spend a day studying charts and making judgements on good trades, I'm currently spending 1 - 1.5 hours a day studying on an evening do you think I should be doing more or studying the charts every 4 hours or is evening ok if you are trading day timeframe?? Thanks Craig

Hi Craig,

you will not find the new version here in FF. The people don't want it here.

its not just the number of hours you spend per day studying. its what you study in those hours.
from my experience with many traders over the past 20 years, the average time spent is 3 to 5 hours per day for 2 to 3 years.
they all follow a structured program to learn and become traders.
you often hear peole tell newbies to start at babypips.com which is true but many of those subjects you learn at babypips school are important for the knbowledge that they exist. but when it comes to developing trading systems using either the Synergy model or the 5-Method, you don't need to use those knowledge.
you need to know money managment strategies and how to apply them into your own trading system and make it into your own winning system. this take a lot more time in development, backtesting and forward testing, these takes the most time.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #81,703
  • Sep 1, 2017 3:03am Sep 1, 2017 3:03am
Quoting emmanuel7788
{quote} that test results looks the same what I have for single entry single exit. only 3 simple rules using the HA, PAC and TDI, that is how Big E started in 2008. rules are mechanical, so these can be coded in to an expert advisor. my chart below shows all the entry and exit with win/loss in points. {image} overall for 7 months is still profitable in pips. if your trade with ME?ME , the profits will be much more in $$$$money.
Emm,
I am searching and reading your posts about the idea of ME/ME. It really excites me. But your posts are some many and I am still reading to figure the whole idea out. Really thank you.
  • #81,704
  • Sep 1, 2017 3:06am Sep 1, 2017 3:06am
Quoting emmanuel7788
GBPAUD and GBPCAD Week 34 closing Aug 25. Just closed my last trade for GBPCAD to complete the 20-trading days cycle. These two pairs start to show small D1 range so we start to review this weekend and prepare our trade plan for next week to close the August month and start September. Both pairs are my top performers for this cycle. {image} {image}
Trade Report ME/ME closing the month of August.
Some of us traded the 5 pairs - AUDUSD, EURUSD, GBPAUD, GBPCAD and EURNZD based on our combined effort in doing our Big Picture Plan.

Here is the monh end closing for these 5 pairs.

Attached Image (click to enlarge)
Click to Enlarge Name: Trade Report Aug 01 to 31 closed trades.png Size: 46 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #81,705
  • Sep 1, 2017 3:08am Sep 1, 2017 3:08am
Quoting chnp
{quote} Emm, I am searching and reading your posts about the idea of ME/ME. It really excites me. But your posts are some many and I am still reading to figure the whole idea out. Really thank you.

you cannot trade with ME/ME without knowing how to do top down analysis and have a Big Picture Plan for every pair you want to trade.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #81,706
  • Sep 1, 2017 3:21am Sep 1, 2017 3:21am
Quoting chnp
{quote} Emm, I am searching and reading your posts about the idea of ME/ME. It really excites me. But your posts are some many and I am still reading to figure the whole idea out. Really thank you.

Maybe you have not been following this thread for very long. So this old post#80,000 can provide you the start.

https://www.forexfactory.com/showthr...21#post9921521

all the stuff sounds very complex and complicated, but if you do it with an open mind and with the right attitude, trading can lead to financial freedom. Not many can make it but if you don't work hard at it when trying, you never know.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #81,707
  • Sep 1, 2017 3:34am Sep 1, 2017 3:34am
Quoting eelfranz
I'm so proud of many of you because you've seen the light and your making outrageous pip scores. Please be willing to help other members... Discuss what you see and how you determine your entries and exits ... Lots of possibilities here ... Big E
The OP may have died 5 years ago. But his trading experience and his wisdom continues in his posts. Every time I read some of his posts, they do bring up new meanings and new ideas how to trade and trade better with his 5-Method. All I need to keep my mind open with my eyes o my charts.
Make my life interesting everyday when the market is open.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #81,708
  • Sep 1, 2017 3:40am Sep 1, 2017 3:40am
Quoting emmanuel7788
{quote} Maybe you have not been following this thread for very long. So this old post#80,000 can provide you the start. https://www.forexfactory.com/showthr...21#post9921521 all the stuff sounds very complex and complicated, but if you do it with an open mind and with the right attitude, trading can lead to financial freedom. Not many can make it but if you don't work hard at it when trying, you never know.
Million thanks!
  • #81,709
  • Sep 1, 2017 4:16am Sep 1, 2017 4:16am
Quoting emmanuel7788
{quote} {quote} Hi Okoso, I know you love to trade H4. Buy the dips! Did you catch that in H4? Here is my POMO what to look for as setups in future. Multi Timeframes Analysis and reconciliation is very important and is one of the many keys to successful trading. No amount of 'keep it simple' silly rants will make us into successful traders. {image} Now we plan for next month's trading.
Hey Emm I'm trying to set up the pipware chart with the candles you have in this chart on my own just to get away from the switching tf's all the time. However every time I set HA Candle mode to true in the pipware settings I get a blank indicator, could please just correct me on what I may be doing wrong?
  • #81,710
  • Sep 1, 2017 4:24am Sep 1, 2017 4:24am
Quoting Bizkit
{quote} Hey Emm I'm trying to set up the pipware chart with the candles you have in this chart on my own just to get away from the switching tf's all the time. However every time I set HA Candle mode to true in the pipware settings I get a blank indicator, could please just correct me on what I may be doing wrong?
go back to this post#76,270 and download the templates and use them.

https://www.forexfactory.com/showthr...59#post9588859
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #81,711
  • Sep 1, 2017 4:26am Sep 1, 2017 4:26am
Quoting emmanuel7788
{quote} name me any pair and I will run a back-test for the last 3 months to see if this 5% is really possible.
Let's take EUR/USD , to see but can you give to me all the parameters you use , for me to fully understand your action . Thank in advance.
  • #81,712
  • Sep 1, 2017 4:39am Sep 1, 2017 4:39am
Here is an example which I missed last month. I saw that but my hands were quite full with other trades.

Look at D1 chart and look at previous month high or lows and look for empty space to buy or sell into.

Use those 10EMA, 50EMA and 200EMA on D1 chart to help you visualize the market.
Look at MN and W1 charts with their respective 10EMA and 50EMA.

Do these top down analysis and look for trade opportunities in September and learn to trade the D1 chart either with SE/SE or with ME/SE or ME/ME.

Attached Image (click to enlarge)
Click to Enlarge Name: NZDCAD Example Plan Build Run missed.png Size: 274 KB


Look at the MN and W1 charts above, what price action do you see and how to pick the trades.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #81,713
  • Sep 1, 2017 9:04am Sep 1, 2017 9:04am
Quoting emmanuel7788
{quote} The OP may have died 5 years ago. But his trading experience and his wisdom continues in his posts. Every time I read some of his posts, they do bring up new meanings and new ideas how to trade and trade better with his 5-Method. All I need to keep my mind open with my eyes o my charts. Make my life interesting everyday when the market is open.
Good JOB!
I wish I can do same as you! But I am just a Newbie!
  • #81,714
  • Sep 1, 2017 9:25am Sep 1, 2017 9:25am
Quoting Price
{quote} Busy week, September is getting rockin...... and now the number one, most liked post on this entire fricken forum for the last 48 hours is this???????? You kids have fun
Forex Factory
  • #81,715
  • Sep 1, 2017 1:23pm Sep 1, 2017 1:23pm
Quoting Price
{quote} Yea, kids just confuse it with facebook {quote}
Yes, and morons with a "professional trading" forum...
  • #81,716
  • Sep 1, 2017 8:03pm Sep 1, 2017 8:03pm
Quoting elvalove10
{quote} Good JOB! I wish I can do same as you! But I am just a Newbie!

there is this saying: (don't know who said this)

Attached Image (click to enlarge)
Click to Enlarge Name: love your job.png Size: 184 KB


but I am retired so I treat trading as one of my day job I do everyday. Helping others who want to trade with TMS is my other day job.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #81,717
  • Sep 1, 2017 8:10pm Sep 1, 2017 8:10pm
Quoting emmanuel7788
{quote} XAUUSD target 1316 hit. Now our next target is 1326, that is not far away but sometimes it can take days to reach a nearby target. Watchout for the lower timeframe corrections. Continue to buy the dips... until we see major reversal. Its Price Action, Price Action and more Price Action trading. It is that simple. {image}

XAUUSD Week 35 Sep 1:

target 1326 hit but market did not close above that level.

anyway, it made a new Sep MN high 1328.65

next week, I choose to continue with Buy.

If you open a new Buy basket next week, where should be your technical initial stop loss to calculate your first entry position size?

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD Week 35 closing below 1326.png Size: 50 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #81,718
  • Sep 1, 2017 8:22pm Sep 1, 2017 8:22pm
Quoting bodal
{quote} Hi , may I ask you if you use the TMS system only , on SE/SE (single entry/exit) , in how many months do you expect to double your account ? thanks in advance for your answer.

there are many things we all need to know, to learn and to master before we want to think of and expect that we can double our trading account.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #81,719
  • Sep 1, 2017 11:48pm Sep 1, 2017 11:48pm
Hi Guys, not totally related to TMS but the link this member shared in his post may be open-minded for the people who still think that every TDI cross will be a winner:

https://www.forexfactory.com/showthr...6#post10250996

https://pensionpartners.com/put-thes...ampaign=buffer
  • #81,720
  • Sep 2, 2017 1:41am Sep 2, 2017 1:41am
Quoting emmanuel7788
{quote} there are many things we all need to know, to learn and to master before we want to think of and expect that we can double our trading account.
this is exactly what I think as I do not expect (and realize !) to double my account very soon . I already told that my target to be still reached is 5% per month as actually my results (though consistenly positive now) oscillate between 2% and maximum 4% !
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