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Monitor for 'Trading Made Simple' system 565 replies

Trading Made Simple the right way, and other trading lessons 334 replies

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MTF Indicators for the 'Trading Made Simple' system 241 replies

Trading Made Simple system follower - Thanks to eelfranz 9 replies

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Trading Made Simple

  • #103,741
  • May 11, 2020 4:23am May 11, 2020 4:23am
Quoting Nonip
Hi, Could someone kindly suggest a good Trader manager I can use, please don't mention THV Cavemanger.

Are you trading with Multiple Entries / Multiple Exits ME/ME?

THV CaveManager cannot manage ME/ME trades.

You need an expert advisor that can average UP and do scaling-in more positions to "Let profits Run" when you trade TMS MEME.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #103,742
  • May 11, 2020 4:34am May 11, 2020 4:34am
Quoting emmanuel7788
GBPUSD May 11 D1 trade with M5 entry the last trade was stopped out +31 pips. Now did a re-entry ... Follow Price Action when the market is narrow ranging and the TDI is useless. Note the Volatility Band
In these captures of GBPUSD, which ones show ranging and which ones not ranging? Does TDI look useless on one or more of them?

"Market is narrow ranging" is a matter of perspective and YOUR definition of "market".
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To free Gazans of Hamas, use whatever it takes.
  • #103,743
  • May 11, 2020 4:34am May 11, 2020 4:34am
GBPCAD May 11 H4 Follow Price Action with Stoch Slope

will move to BE+ soon and let the market decide the TP.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #103,744
  • May 11, 2020 4:43am May 11, 2020 4:43am
Quoting emmanuel7788
GBPCAD May 11 H4 Follow Price Action with Stoch Slope will move to BE+ soon and let the market decide the TP. {image}
If its that useless, take it off your chart altogether....get rid of the alerting EA....get rid of the tms monitor....just follow price action and the stochastic and leave the thread....simple.
Success means going from failure to failure without loss of enthusiasm
  • #103,745
  • May 11, 2020 4:47am May 11, 2020 4:47am
Quoting emmanuel7788
{quote} that was what the OP said: "I have 19 templates in my template file." https://www.forexfactory.com/showthr...05#post4224805 and When you see a TDI cross that doesn't look good... start checking other timeframes for the trade... look at other templates at different timeframes... do a thorough investigation before entering any trade. If you do this faithfully your win rate will increase dramatically... If its not quite ready put it on a watch list and go back and check it every 5,15 or 30 minutes... https://www.forexfactory.com/showthr...08#post4170808...
Both refer to Harris thread.
In case you are confused which thread you are in: This thread name is Trading Made Simple.
The OP posted one template:Post 1
------
Emmanuel, a lot of reader's follow you. That alone place a lot of responsibility on you.

Based on that and what I can see by your postings is that you deliberately post these type of post's to enjoy the attention / reaction's they provoc from Tekkies / DrDave.
Very few reader's benefit from such postings.

Grow up Big Boy, you are playing with other people's money, stay focused on what BigE has posted in this thread.
  • #103,746
  • May 11, 2020 4:54am May 11, 2020 4:54am
If only Twee would put this Code of Conduct section into action

Quoting Code of Conduct excerpt
III. No bickering

While trading-related debate is encouraged, members should not engage in mindless arguing, battling, or trolling. Not only does bickering distract others from trading, but it wastes energy for the bickering participants. Unresolvable personality conflicts should be managed using the 'Ignore' feature.
To free Gazans of Hamas, use whatever it takes.
  • #103,747
  • May 11, 2020 4:55am May 11, 2020 4:55am
Quoting emmanuel7788
{quote} EURNZD May 11 H4 2AM candle trade now wait for 6AM H4 candle time and decide to Close. {image}
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EURNZD May 11 H4 2AM trade management Update:

move EP to BE+ now and wait for the 6AM H4 candle and make the next trade decision.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #103,748
  • May 11, 2020 5:02am May 11, 2020 5:02am
Quoting Tekkies
{quote} Both refer to Harris thread. In case you are confused which thread you are in: This thread name is Trading Made Simple. The OP posted one template:Post 1 ------ Emmanuel, a lot of reader's follow you. That alone place a lot of responsibility on you. Based on that and what I can see by your postings is that you deliberately post these type of post's to enjoy the attention / reaction's they provoc from Tekkies / DrDave. Very few reader's benefit from such postings....

Tekkies

Of course those two posts are in the old thread. You missed them in your BigE full pdf.

Are you missing this again?

Anyone wanting to learn Trading Made Simple should follow this below and Follow the Trading journey of the OP aka Big E here in Forex Factory.

Introduction to Trading Made System

To learn what Trading Made Simple is, you have to follow the trading journey of the OP eelfranz aka Big E. He started as a newbie in 2008. Know the history and you will learn a lot from the OP and when you have mastered the 5-Method, you can then move on and develop your own trading system following how he did his. Many traders have moved on to trade their own systems.

Trading Made Simple for beginners : Post#52,707

A short history by pioneer member snarlyjack Post#110

Our late OP eelfranz aka Big E spent 6,000 hours: Post#6 and he evolved as a trader and went on and developed two trading methods.
5-Method and 21/233 Method Post#3018, Post#4104,

After months of postings and answering many frequently asked questions FAQs,
eelfranz made the jump to this new Trading Made Simple thread on 26 April 2011... Post#4432

In Post#1, he explained how he traded the H4 chart timeframe and he also traded the H1 chart during the NY session. This suited his lifestyle being retired and the time zone he lived. Sadly he passed away in Oct 2012.

Two very important posts: Post#261 and Post#647, give a simple summary of what this 5-Method is and the basic forex stuff we check before we look for the TDI setups to trade.

TMS 5-Method Basic Rules: Post#53,841
Always check the #1- Price Action first, then #2- TDI Post#3142
Big E wanted us to build this TMS thread together... Post#4,432

The original indicators and template Post#25
When you are overwhelmed (information overload) by the number of posts and the loads of information and variations shared by other traders here, the best thing to do is to stop reading and go back to the basics what Big E mentioned in his 463 posts in this thread and 861 posts in the CHS thread. First you learn and master the 5-Method first before you start add your own tweaks and make a new system.

Recommendations:
Read all of Big E posts... 861posts in the Craig Harris Stochastics thread and 463 posts in this TMS thread....and make notes on those training charts he posted. Pay attention whenever he mentioned PA and what you see on his training charts.

Learn the basic stuff about forex trading first. A good place to start is www.babypips.com/school

If you want to trade the way Big E described in Post#1, make sure you use his template , the Synergy APB / HA candles and use that TDI Red Green version. These are in Post#25.

Important to Note that the TDI Red Green version repaints all the bars in history so you cannot use this when you do back-testing by scrolling back your charts. The better way is to run this in live market and trade the TMS setups based on what you see without refreshing your charts. When you want to trade with entries on the APB#1 and APB#2 candles, always wait for the price bar/candle to close and use the TDI to confirm the setup.

Enjoy and Have fun during your learning journey..
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #103,749
  • May 11, 2020 5:08am May 11, 2020 5:08am
EURAUD May 11 H4 2AM trade

trade management move tp BE+ and wait for the next H4 6AM candle.

I love Big E Post#1 ... keep it simple, trade once every 4H follow H4 10PM, 2AM and 6AM candles....

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #103,750
  • May 11, 2020 5:31am May 11, 2020 5:31am
Quoting Tekkies
{quote} Both refer to Harris thread. In case you are confused which thread you are in: This thread name is Trading Made Simple. The OP posted one template:Post 1 ------ ///stay focused on what BigE has posted in this thread.
Quoting Tekkies
While Emmanuel is living in the past. Made some pips. Whoopee. Does every trader not do it (make some / loss some) everyday? {image}
"This thread name is Trading Made Simple. The OP posted one template:Post 1 "

why do you post your TDIVline in this thread?

living in the past means ... Back to the Future , Stay Tuned!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #103,751
  • May 11, 2020 5:50am May 11, 2020 5:50am
Quoting DrDave
{quote} In these captures of GBPUSD, which ones show ranging and which ones not ranging? Does TDI look useless on one or more of them? "Market is narrow ranging" is a matter of perspective and YOUR definition of "market". {image}{image}{image}{image}

You are using the Synergy Pro TDI so it is better for you to follow its creator Dean Malone and learn from him.

This video posted in the old thread may help you learn how to use that TDI .

Keeping it Simple: Know when not to trade

https://www.forexfactory.com/showthr...5#post12931785
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #103,752
  • May 11, 2020 5:55am May 11, 2020 5:55am
Quoting emmanuel7788
EURAUD May 11 H4 2AM trade trade management move tp BE+ and wait for the next H4 6AM candle. I love Big E Post#1 ... keep it simple, trade once every 4H follow H4 10PM, 2AM and 6AM candles.... {image} {image}
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EURAUD May 11 H4 2AM trade closed

hit TP +110 pips

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #103,753
  • May 11, 2020 5:56am May 11, 2020 5:56am
Quoting emmanuel7788
{quote} You are using the Synergy Pro TDI so it is better for you to follow its creator Dean Malone and learn from him. This video posted in the old thread may help you learn how to use that TDI . Keeping it Simple: Know when not to trade https://www.forexfactory.com/showthr...5#post12931785
Did that reply have ANYTHING AT ALL to do with the question? If your answer is "yes", then you need more practice with reading comprehension. If your answer is "no", then delete the irrelevant reply.

In addition, you are, once again, being presumptuous.

When you do not even know what is better for yourself, how can you think that you could know what is better for anyone else?
To free Gazans of Hamas, use whatever it takes.
  • #103,754
  • May 11, 2020 6:40am May 11, 2020 6:40am
Buy signal on H1 thou afraid from that big bar in the left may be still consolidating
M15 green already crossed on H4 green looks going up sounds good short term trade for good 25 pips
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  • #103,755
  • May 11, 2020 6:46am May 11, 2020 6:46am
Quoting Tekkies
While Emmanuel is living in the past. Made some pips. Whoopee. Does every trader not do it (make some / loss some) everyday? {image}
amazing trade tekkies thanks for sharing EJ looks promising for long trades got a signal on D1 still on resistance might go long if resistance broker
all h1 and h4 green crossed
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  • #103,756
  • May 11, 2020 8:51am May 11, 2020 8:51am
My god, it’s SO frustrating trying to weed through all the childish bickering from you guys, and we all know who the parties are.

The adults are keeping their mouths closed, because we’re all trying to learn and don’t want this thread to end.

Please, can you at least try to be respectful towards each other, so we can learn and you can teach in a civil manner. You are ALL extremely smart, you’ve ALL got something to offer, and personally, I’ve learned something from EACH of you.

Yes I’ve been quietly following this thread for quite a while now, but it’s worrying me to see you guys disagreeing and being sometimes too harsh on each other, that I feel it’s going to be the end of this wonderful thread.

Maybe I shouldn’t speak at all, I have no offerings to the thread, but I’ve leaned so much from it, and I wish everyone could just make their opinions known a little less.... I don’t even know the word.

Can everyone just take a step back, breathe and just chill...... a little.

Quoting DrDave
{quote} Did that reply have ANYTHING AT ALL to do with the question? If your answer is "yes", then you need more practice with reading comprehension. If your answer is "no", then delete the irrelevant reply. In addition, you are, once again, being presumptuous. When you do not even know what is better for yourself, how can you think that you could know what is better for anyone else?
Never Givin' Up..
  • #103,757
  • May 11, 2020 8:55am May 11, 2020 8:55am

Trading Made Simple


Select an indicator or two indicators that cross.
Make the indicator multi-timeframe.
Now just follow the continuations for the buys and sells.

No EA needed. Not much thought needed.

Here are 2 sells followed by a buy.

Looking for more buys until the indicators says looking for sells.
Trading Made Simple
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To free Gazans of Hamas, use whatever it takes.
  • #103,758
  • May 11, 2020 9:03am May 11, 2020 9:03am
Quoting Shazzie
My god, it’s SO frustrating trying to weed through all the childish bickering from you guys, and we all know who the parties are. The adults are keeping their mouths closed, because we’re all trying to learn and don’t want this thread to end. Please, can you at least try to be respectful towards each other, so we can learn and you can teach in a civil manner. You are ALL extremely smart, you’ve ALL got something to offer, and personally, I’ve learned something from EACH of you. Yes I’ve been quietly following this thread for quite a while...
You already know that is not going to happen. Look how quiet things were for a couple of days, then... King Disrespect enters.

Just have a look at only the 5 posts included below. An average of 1 per day.

Quoting DrDave
WOW! We are only on day 5 of the month of May, and I did not even post all of the "void fillings" that the master void filler provided this month! BigE is surely spinning in his grave. #103,572 #103,573 #103,574 #103,575 #103,576...
To free Gazans of Hamas, use whatever it takes.
  • #103,759
  • May 11, 2020 9:07am May 11, 2020 9:07am
Quoting DrDave
Trading Made Simple Select an indicator or two indicators that cross. Make the indicator multi-timeframe. Now just follow the continuations for the buys and sells. No EA needed. Not much thought needed. Here are 2 sells followed by a buy. Looking for more buys until the indicators says looking for sells. Trading Made Simple {image}
The problem with that is the multi-timeframe indies starts to lag.
Keep two chart (say M15 / H1) unrefreshed for a week.
Check then the crossover's on the lower time frame against the crossover's on the higher timeframe.
  • #103,760
  • May 11, 2020 9:19am May 11, 2020 9:19am
Quoting Tekkies
{quote} The problem with that is the multi-timeframe indies starts to lag. Keep two chart (say M15 / H1) unrefreshed for a week. Check then the crossover's on the lower time frame against the crossover's on the higher timeframe.
My multi-timeframe indicators do not lag. In fact, they actually give a sneak view of the higher timeframe charts becasuse they use the displayed timeframe's data, not the higher timeframe data for the calculations.
To free Gazans of Hamas, use whatever it takes.
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