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Trading Made Simple

  • #76,561
  • Mar 3, 2017 11:58pm Mar 3, 2017 11:58pm
Quoting emmanuel7788
{quote} Hi, Those were H1 trades done from March 1 to 3, only 3 trading days (not 48 days) in this new month of March. These trades were done in a workshop live trading followup practice sessions this week. Like most traders, I do not like to be glued to my PC and I do not like to monitor charts. I did not have to monitor my trades, I just let THV CaveManager do the management. What is Multi-lot money management strategy? A quick revision going back to this old post Using Multiple-Lot Positions to Improve trading TMS: Post#33,507...
Thanks a lot, Emma for the detailed answer.
There is no reason to trade if there is no reason to trade.
  • #76,562
  • Mar 4, 2017 12:40am Mar 4, 2017 12:40am
Emmanuel,

New to the thread so this may be a stupid question ... but what does ME/ME mean?

Thanks,
EZ
  • #76,563
  • Mar 4, 2017 1:40am Mar 4, 2017 1:40am
Quoting emmanuel7788
{quote} Hi, Those were H1 trades done from March 1 to 3, only 3 trading days (not 48 days) in this new month of March. These trades were done in a workshop live trading followup practice sessions this week. Like most traders, I do not like to be glued to my PC and I do not like to monitor charts. I did not have to monitor my trades, I just let THV CaveManager do the management. What is Multi-lot money management strategy? A quick revision going back to this old post Using Multiple-Lot Positions to Improve trading TMS: Post#33,507...
Hello Emmanuell,

you write about when to do SEME and when to Change to MEME,

thats a question I also think about, what do you think about when to use MEME at reversals and SEME at continuation-trades?
I think at reversals you might build better a position as at continuation. At continuation (imho) market will often then will go only one way and the Chance seems to be much smaller to build a position.

regards and have a nice

Thorsten
  • #76,564
  • Mar 4, 2017 3:00am Mar 4, 2017 3:00am
Quoting ezcurrency
Emmanuel, New to the thread so this may be a stupid question ... but what does ME/ME mean? Thanks, EZ
Not the person you want to answer but me.me is Multiple entries and Multiple exists..

Used for building a positions and getting a better price on the day chart.. check the paperclip at the top for documents on this.. there are many.
It's in fear when people show what they truly value.
  • #76,565
  • Mar 4, 2017 3:02am Mar 4, 2017 3:02am
Losing Trade.

I thought that the risk was almost bottom of Range bound & support line but I took the trade.
Maybe trend continuation is less successful than normal setup.

Attached Image (click to enlarge)
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  • #76,566
  • Mar 4, 2017 3:08am Mar 4, 2017 3:08am
Quoting inforserve
Losing Trade. I thought that the risk was almost bottom of Range bound & support line but I took the trade. Maybe trend continuation is less successful than normal setup. {image}
This is not the optimum trend continuation setup however...

Good work on your trades/posts recently!
It's in fear when people show what they truly value.
  • #76,567
  • Mar 4, 2017 3:35am Mar 4, 2017 3:35am
Quoting emmanuel7788
{quote} poor coding ...is the reason. tell me exactly what you want to see using those higher TF candles in background? - do you want to see D1 candles in background on H4, H1 and lower? - do you want to see W1 candles in background on D1, H4, H1 and lower? - do you want to see background D1 and W1 candles being painted in realtime while the low TF candles get painted? - do you want to be able to turn on/off the b/g candles without removing the indicators? - would it be sufficient to see only the previous D1 and W1 OHLC on lower TF charts instead...
Hi Emmanuel,
i would like to be able to see the weekly or monthly closed candles on the daily chart, so that I can see the higher time frame price action / daily price action in one place.
Thanks
  • #76,568
  • Mar 4, 2017 3:40am Mar 4, 2017 3:40am
This thread title is Trading Made Simple. Is this a trading system? No.

If not, then What is a Trading System?

one man's view....
Attached File(s)
File Type: pdf Systems & Trading Fundamentals_Van Tharp.pdf   721 KB | 3,205 downloads
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #76,569
  • Edited 10:01pm Mar 4, 2017 2:33pm | Edited 10:01pm
Glad I Found you guys.

Thanks for everyone's input and insight.

Best Regards
True Grit!
  • #76,570
  • Mar 4, 2017 9:29pm Mar 4, 2017 9:29pm
NY market session will open in about 18 hours from now.
Have you done your market analysis and prepare you trade plan for next weeks trading?
Do Not trade when you have not done your homework and have a trade plan prepared ready.
Without a trade plan for Week 10 Mar 6 to 10, you will most likely lose your money and be in the 95% loser club.

You must have read FED chief said last week. It will raise USD rates and it will be just a matter of when that will happen.
Last Friday we saw a big shakeout of USDJPY.
The question is, will that be a bearish reversal after that shakeout?

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY H4 TMS trading chart.png Size: 88 KB


Do your top down analysis see the bigger picture.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #76,571
  • Mar 5, 2017 12:30am Mar 5, 2017 12:30am
Quoting emmanuel7788
{quote} The TDI as some believe is the heart of the method. So what is the Stochastics? the lungs or the liver? LOL.
Wonder what BigE will say to that?
https://www.forexfactory.com/showthr...19#post4582819
https://www.forexfactory.com/showthr...69#post4582769
https://www.forexfactory.com/showthr...16#post4575616

You should read this post emmanuel - it will make your day for sure
https://www.forexfactory.com/showthr...52#post4601752
  • #76,572
  • Mar 5, 2017 2:31am Mar 5, 2017 2:31am
Quoting Tekkies
{quote} Wonder what BigE will say to that? https://www.forexfactory.com/showthr...19#post4582819 https://www.forexfactory.com/showthr...69#post4582769 https://www.forexfactory.com/showthr...16#post4575616 You should read this post emmanuel - it will make your day for sure https://www.forexfactory.com/showthr...52#post4601752

@Tekkies,

Your this post on a Sunday make me laugh and laughter really makes my day.
What I am doing here is really working. It makes you read and read and read Big E posts again and again and again. This will do you good and you will learn one day that it is worth all the time and effort reading and re-reading Big E post over and over again. I did that more than 10 times.

When I read his Post#647 and learn about the ten (10) things about trading, I spend my time researching, study, back-testing, forward testing in live market for years. I did not have to go to babypips.com school of pipsology. I went somewhere else instead. I went to the source where Big E learned his trading from. He was s stock trader before he traded forex. I discover more than many people here did by doing that. To find the source of the river, you follow its flow in reverse, you must go up the river
I have mastered what Big E shared in his Post#647. I can now trade without the TDI which was the learning wheels for many years.

read these posts and my trading results speak loud and clear.

https://www.forexfactory.com/showthr...63#post9622863
https://www.forexfactory.com/showthr...77#post9622877

it is trading made simple with simple and clean price action charts without the TDI as learning wheels. Trade with my brain and follow my heart.

Have fun.


Time to remove your learning wheels folks. It has been more than 5 years.

Attached Image (click to enlarge)
Click to Enlarge Name: TDI as learning wheels.png Size: 798 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #76,573
  • Mar 5, 2017 3:22am Mar 5, 2017 3:22am
Sorry emmanuell7788 but i dont get it. The Intention of Big E was not to train peopel to finaly trade without TDI, but with. Furthermore he deveolped the Method because to keep it simple not do hours of MTF Analysis, price action, MM but spend about some Minutes to earn good Pips. Fast in fast out, not riding the trend.


It is very nice how good you can trade now without the help of TDI, but why dont open your own thread? This not what Big E taught.
Newbies be warned of emmanuel7788. Hes not true.
  • #76,574
  • Mar 5, 2017 3:24am Mar 5, 2017 3:24am
TDI Removed.. Those who can see forward will know this is the right step to take...
It's in fear when people show what they truly value.
  • #76,575
  • Mar 5, 2017 3:41am Mar 5, 2017 3:41am
Quoting Malony
Sorry emmanuell7788 but i dont get it. The Intention of Big E was not to train peopel to finaly trade without TDI, but with. Furthermore he deveolped the Method because to keep it simple not do hours of MTF Analysis, price action, MM but spend about some Minutes to earn good Pips. Fast in fast out, not riding the trend. It is very nice how good you can trade now without the help of TDI, but why dont open your own thread? This not what Big E taught.

Malony,

You don't get it? Do you trade the 5-Method the way Big E started?
Do you really believe in his 6,000 hours of trading experience that Big E did not do any MTF analysis? With his 6,000 hour experience, doing top down analysis takes no more than 2 minutes per currency pair. I do my MTF analysis in less than 1 minute with pipware multi-chart tool.

Newbies must always start by learning the basic from Big E and that is already more than 5 years ago. The same roday, all newbies must start by redaig Big E posts and learn from him the way he started and the way he traded. His last post was Oct 2011. He died in Oct 2012.

You want to trade simple, start with leaning what is price action really that Big E mentioned so many times in all his posts. His reading of PA and Supp/Res is very simple but very few people here actually got down to that. They look for complicated stuff on price action what they easily find in online websites, forex schools, forex gurus, etc.

Why I don't start my own thread? I have already shared a lot in this thread and also in the other TMS threads -
https://www.forexfactory.com/showthread.php?t=327972
https://www.forexfactory.com/showthread.php?t=345586

No need for another TMS based thread. several started and died their natural cause.
Those who have been trading since 2010 knows what they have to do. They progressed and drop their learning wheels. X-Man taught many traders and they all dropped their learning wheels. That is what I call progress and there is life after TMS with TDI. Just look at Big E, he started with Stcohastics, then added the TDI, then he added the 5EMA. He later dropped the 5EMA, why did he do that? Did he also dropped the Stochastics?

TMS 5-Method remains as one of the best trend trading method for newbies trades and it is all here in Forex Factory.

Unless you have knowledge and experience to share here, you are always welcome to help the newbies. Otherwise , do not come here and dictate what I do here.

Trade Well,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #76,576
  • Mar 5, 2017 4:11am Mar 5, 2017 4:11am
I believe that big E was very experienced trader, who was able to do good MTF analysis, PA analysis all things. Other wise he wouldn`t` be able to broke it down to TMS.

But what does that change on the fact that he taught here the TMS? For keeping it simple? 2 Times of the day looking for Setups, Momentum, than 4 h later out. No longterm trend, and of course with the TDI. I guess he would be trading with the TDI today. Sure eyerybody have to do the basics like S/R,PA.


However, everybody have to delevop there own style, but advicing to drop the heart of his method is strange. I know there are many other TMS based threads out there. But why people should call it TMS when the TDI is dropped? The candelstickpattern of a good TDI setup is nothing more or less than PA. Thaught many times in other threads. But no TMS.


"Unless you have knowledge and experience to share here, you are always welcome to help the newbies. Otherwise , do not come here and dictate what I do here."

Sorry emmanuell7788, but i think the newbies are helped more to do the real TMS like taught on the first pages on the thread. Btw. i don`t dictate anything, i did a suggestion. Did you take over the TMS thread? Sorry missed that.
Newbies be warned of emmanuel7788. Hes not true.
  • #76,577
  • Edited 4:49am Mar 5, 2017 4:14am | Edited 4:49am
Quoting emmanuel7788
{quote} @Tekkies, Your this post on a Sunday make me laugh and laughter really makes my day. What I am doing here is really working. It makes you read and read and read Big E posts again and again and again. This will do you good and you will learn one day that it is worth all the time and effort reading and re-reading Big E post over and over again. I did that more than 10 times. When I read his Post#647 and learn about the ten (10) things about trading, I spend my time...
Thank you for the history lesson about the road you have taken to were you are now.
It does not explain why you say TDI is not the heart of this system, when BigE clearly stated that it is.
When reading https://www.forexfactory.com/showthr...40#post4581540
The very first sentence start with:
"Your safest trades will always be when green crosses red and you enter on candle 1 or 2... odds are in your favor. "

It always come back to this: Trading Made Simple by eelfranz (BigE) or Trading Made Difficult by emmanuel7788
  • #76,578
  • Mar 5, 2017 4:30am Mar 5, 2017 4:30am
Quoting Malony
I believe that big E was very experienced trader, who was able to do good MTF analysis, PA analysis all things. Other wise he wouldn`t` be able to broke it down to TMS. But what does that change on the fact that he taught here the TMS? For keeping it simple? 2 Times of the day looking for Setups, Momentum, than 4 h later out. No longterm trend, and of course with the TDI. I guess he would be trading with the TDI today. Sure eyerybody have to do the basics like S/R,PA. However, everybody have to delevop there own style, but advicing to drop the heart...

There is no TMS and no real TMS. If newbies want to trade like Big E as he wrote in Post#1, they can do that but I am sure they will lose their hard-earned money from their day jobs. Few people have the discipline to check for trades every 4hours and in the middle of their night. If they do, then they have good chance to make it.

I know the title of this thread Trading Made Simple was selected from several other names suggested by other traders in 2010 when the 5-Method discussion was moved to this Trading System forum.

I think this thread title Trading Made Simple itself is misleading. Trading can never be made simple. People must go back to the old thread where the 5-method started and how it evolved to become more aggressive price action trading. It is too easy to keep saying PA, PA, PA, ... but what is really PA in the context of this 5-Method. To be honest, PA can be narrowed down to few and is very simple when one read Big E posts and study his training charts.

I did not take over any thread. The OP died on Oct 2012 and few older members came to help others. I stayed the longest and contributed the most in the past many years. Some member came here with commercial interest. I do not have commercial interest. There is nothing to take over, but just to share and to build this thread with others and keep the thread discussions going.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #76,579
  • Mar 5, 2017 4:35am Mar 5, 2017 4:35am
Quoting Tekkies
{quote} Thank you for the history lesson about the road you have taken to were you are now. It does not explain why you say TDI is not the heart of this system, when BigE clearly stated that it is. When reading https://www.forexfactory.com/showthr...0#post4581540: The very first sentence start with: "Your safest trades will always be when green crosses red and you enter on candle 1 or 2... odds are in your favor. " It always come back to this: Trading Made Simple by eelfranz (BigE) or Trading Made Difficult by emmanuel7788...

@Tekkies,

you continue to play with 'cut and paste' from old post and mislead people here.

I know what I read in the context of every post made in the past and how Big E replied those post.

Stop making misleading 'cut and paste' of words and incomplete paragraphs and sentences from old post by other members to make them sound like what you want to believe. You are wasting your own time. Spend your time learning how to trade better and recover the money have lost so far.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #76,580
  • Mar 5, 2017 4:46am Mar 5, 2017 4:46am
Quoting emmanuel7788
{quote} @Tekkies, you continue to play with 'cut and paste' from old post and mislead people here. I know what I read in the context of every post made in the past and how Big E replied those post. Stop making misleading 'cut and paste' of words and incomplete paragraphs and sentences from old post by other members to make them sound like what you want to believe. You are wasting your own time. Spend your time learning how to trade better and recover the money have lost so far.
Now I am the one misleading members? How come? What is misleading about that post
Anyway you still have not validate your statement why TDI is not the heart of this system as stated by BigE.
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