Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

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

Monitor for 'Trading Made Simple' system 563 replies

Indicators for the 'Trading Made Simple' system 343 replies

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

Trading Made Simple system follower - Thanks to eelfranz 9 replies

Attachments: Trading Made Simple
Exit Attachments

Trading Made Simple

Quoting nguyentrict
{quote} Hi emmanuel7788 I Install TMS_V19_MTF EA It show sleeping how change this thanks {image}

be patient.

there is a lot to explain now.

those who started when the Covid19 lock-down started and in April 2020 had all the time they need to learn this nice TMS trading tool.

see my post #102,319

https://www.forexfactory.com/thread/...9#post12857199


many members made it to get TMS_V19 up and running.
some members tried but they gave up because simply these members did not have the MT4 experience and do not know what is the 5-Method.





...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Quoting emmanuel7788
{quote} Price Action is leading indicator ...
Re-read my notes so as I understand when strolling for set ups we look at TDI when we see crossing we check stochastics to confirm direction and then price action how its looking(we mainly enter because of price action), what if price action is saying bullish movements TDI crossed up but stochastics is saying bearish do we go find another set up in this case or what would be the ideal situation? (not forgetting proper risk managements when trading)
Quoting nguyentrict
{quote} Hi emmanuel7788 I Install TMS_V19_MTF EA It show sleeping how change this thanks {image}
Go setting, use candle2tradewindow => False. When you pick this setup, EA only starts to trade when the current window starts a new candle. You can change to 1M chart to see how this works. Keep patient.
Weaker PMI data sink USD

all pairs hit ADR targets

Attached Image (click to enlarge)
Click to Enlarge Name: 3-7-2024 10-25-19 pm.png Size: 29 KB



Attached Image (click to enlarge)
Click to Enlarge Name: 3-7-2024 10-25-07 pm.png Size: 28 KB



Attached Image (click to enlarge)
Click to Enlarge Name: 3-7-2024 10-25-31 pm.png Size: 31 KB



Attached Image (click to enlarge)
Click to Enlarge Name: 3-7-2024 10-24-51 pm.png Size: 29 KB


Attached Image (click to enlarge)
Click to Enlarge Name: 3-7-2024 10-25-50 pm.png Size: 28 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Quoting tommydoginti
{quote} Hi NolanFelix, BigE’s TMS has high win rate. Focus on getting the entries right first. Then with more experience you can further filter out the setups with higher RR. Starting out you should be 60-65% successful. Within 1 to two months you should be 70-80% successful.. IF... you follow the simple rules and simple exits... 3-6 months... 85% successful. Don't complicate it... keep it simple. Buy your wheel barrow.. For the funded account I don’t force positions to have very high RR since the beginning. With a >85% chance of trades in profit...
Following BigE’s TMS rules.

Enter trades at TDI signals, and confirm with price actions.

winning trades in both personal account and prop firm account

Attached Image (click to enlarge)
Click to Enlarge Name: 7F7F1BC0-4711-4CD4-ACE3-8438FC3B88DE.jpeg Size: 725 KB




Attached Image (click to enlarge)
Click to Enlarge Name: 4A98B0F1-0E14-49DD-9890-1E9ED57484FC.jpeg Size: 63 KB

Attached Image (click to enlarge)
Click to Enlarge Name: F4CFD72E-E3A3-47FB-83E6-D3CD03C9D3B4.jpeg Size: 35 KB




Green pips to everyone. Next trip booked
Quoting emmanuel7788
Weaker PMI data sink USD all pairs hit ADR targets {image} {image} {image} {image} {image}

Wonderful !


Attached Image (click to enlarge)
Click to Enlarge Name: XAU 3-7-2024 10-51-51 pm.png Size: 27 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Quoting SnowManF
{quote} Were you planning to short EU and if yes after the recent push up what are your toughts? because on my side it(TDI) crossed up but stochastics not agreeing and also im short in EU GU NU and buys in UCAD.
Attached Image (click to enlarge)
Click to Enlarge Name: 2C4FFB85-F778-4049-B24C-FB95C4F588FD.jpeg Size: 725 KB



Hi SnowManF,

It is self-explanatory and very straightforward.

BigE’s post #647
When wanting to enter a TDI trade... take a moment first to observe basic 4x things... like:

How close am I to the previous high or lo

Am I in an uptrend or downtrend.. short & long term...

Am I in or close to a consolidation area

Are the previous candles small...

Look at the candles on the last reversal... big, little, what


Attached Image (click to enlarge)
Click to Enlarge Name: 82F2AFAB-25AB-4DA0-B693-702D872C1943.jpeg Size: 791 KB
Quoting emmanuel7788
Weaker PMI data sink USD all pairs hit ADR targets {image} {image} {image} {image} {image}
Hey Emmanuel do you trade news or do you avoid them like OP mentioned?
Quoting SnowManF
{quote} Hey Emmanuel do you trade news or do you avoid them like OP mentioned?
hi @SnowManF

I trade everyday therefore I embrace trading economic data / news and market events.

Great news move the market, it will create a lot of price volatility ... but it will not change the Market Type conditions.
If the Market Type is Trending, it will remain Trending after the news.
If the Market Type is Sideways, it will remain Sideways after the news.

You got to learn how to determine the Market Types .. then adapt your trading system to the Market Types.
It is pure insanity to expect one system to work in ALL Market Types.

Attached Image (click to enlarge)
Click to Enlarge Name: Market types.png Size: 30 KB




...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Quoting emmanuel7788
{quote} EU Jul03 London Open - H1 Price Action is BUEB - post #647 big candle and small candle , etc. {image}

Attached Image (click to enlarge)
Click to Enlarge Name: EU Jul03 H1 BUOB LO 3-7-2024 3-04-40 pm.png Size: 28 KB



{image} ...

EU Jul03 H1

Price Action is leading indicator.

When the market hit its daily ADR range ... it can do 3 things.


Attached Image (click to enlarge)
Click to Enlarge Name: EU Jul03 ADR hit 4-7-2024 4-09-59 am.png Size: 27 KB




...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Quoting SnowManF
{quote} Re-read my notes so as I understand when strolling for set ups we look at TDI when we see crossing we check stochastics to confirm direction and then price action how its looking(we mainly enter because of price action), what if price action is saying bullish movements TDI crossed up but stochastics is saying bearish do we go find another set up in this case or what would be the ideal situation? (not forgetting proper risk managements when trading)

You got o go back to that post#147,034. There are 2 charts.
The top chart is more important.... it shows the most recent swing highs and swing lows.

Is the Market Type Trending or Sideways looking the the swings?
Attached Image (click to enlarge)
Click to Enlarge Name: EU Jul03 H4 swing high -swing low 3-7-2024 2-32-33 pm.png Size: 31 KB

The second chart show your the Price Action of the Weekly, Daily, 4Hr and the 1Hr,
note the Weekly High-Low lines and the 10EMA and 50EMA


I did say the next trade would be 1Hr

Attached Image (click to enlarge)
Click to Enlarge Name: EU Jul03 pipware 3-7-2024 2-36-31 pm.png Size: 42 KB




...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
News and Events July 04

- trade with extreme caution !

Attached Image (click to enlarge)
Click to Enlarge Name: FF Cal Jul04 4-7-2024 8-49-45 am.png Size: 18 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Quoting nguyentrict
{quote} Hi emmanuel7788 I Install TMS_V19_MTF EA It show sleeping how change this thanks {image}

hi @nguyentrict

It is okay when TMS_V19 information display shows "sleeping" that is normal based on the trader's input settings.

What is important is the trader must be fully awake and his brain fully engaged in his normal trading activities.

XAU Jul04 "sleeping" at Tokyo 10am and also "confused".

Attached Image (click to enlarge)
Click to Enlarge Name: XAU Jul04 sleeping and confused 4-7-2024 8-57-17 am.png Size: 47 KB

XAU Big Picture

- July bonus trade

see my post #146,964
https://www.forexfactory.com/thread/...7#post14917097


Attached Image (click to enlarge)
Click to Enlarge Name: XAU Jul04 H4D1W1MN 4-7-2024 9-02-59 am.png Size: 39 KB

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Quoting emmanuel7788
EURUSD Jul03 4H London 7am - swing highs and swing lows {image} and the next trade will be H1 {image} ...

EURUSD Jul04 Tokyo 10am

- potential for a +5R trade when the "place and time" is right

- know when to trade and know what to trade

> Day Trading, Swing Trading and Position Trading the Market Types 1&2

Attached Image (click to enlarge)
Click to Enlarge Name: EU Jul04 H1H4D1W1 5R potential 4-7-2024 9-15-28 am.png Size: 42 KB

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Quoting emmanuel7788
{quote} EURUSD Jul04 Tokyo 10am - potential for a +5R trade when the "place and time" is right - know when to trade and know what to trade > Day Trading, Swing Trading and Position Trading the Market Types 1&2 {image} ...
Another good book to read for new traders,



Attached Image (click to enlarge)
Click to Enlarge Name: Kathy Lien book.png Size: 225 KB




...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Its going to be good.

Stay Tuned!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Quoting tommydoginti
{quote} Following BigE’s TMS rules. Enter trades at TDI signals, and confirm with price actions. winning trades in both personal account and prop firm account {image} {image} {image} Green pips to everyone. Next trip booked
Attached Image (click to enlarge)
Click to Enlarge Name: 1FE69307-D6B1-4D93-BC0C-EF5838207B66.png Size: 88 KB

Attached Image (click to enlarge)
Click to Enlarge Name: 73643FFB-730E-4B03-BADE-0CA19A23BA1C.jpeg Size: 791 KB



More on the BigE’s TMS method inquiries. I always suggest traders to start with trend following and practice, and slowly applying other elements such as last reversals and TDI bounce signals.

Start with 3 elements in TMS including the price action in post #647
TDI cross signals
Previous highs and lows
Trend

Price moving in a direction with momentum associates with TDI signals.
Confirm the trade direction and enter as TDI green crosses red

Attached Image (click to enlarge)
Click to Enlarge Name: 2B29E1AD-7886-43E2-819F-A375B640A1A2.jpeg Size: 846 KB

Attached Image (click to enlarge)
Click to Enlarge Name: F7BBFBA6-CC9B-4034-99C1-18A730360171.jpeg Size: 496 KB
Quoting tommydoginti
{quote} {image} {image} More on the BigE’s TMS method inquiries. I always suggest traders to start with trend following and practice, and slowly applying other elements such as last reversals and TDI bounce signals. Start with 3 elements in TMS including the price action in post #647 TDI cross signals Previous highs and lows Trend Price moving in a direction with momentum associates with TDI signals. Confirm the trade direction and enter as TDI green crosses red {image} {image}
hey TMS Folks,

lots of inquiries ... are they real?

who is making all these inquiries ?

Attached Image (click to enlarge)
Click to Enlarge Name: voice in your head 5.png Size: 65 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Quoting tommydoginti
{quote} {image} {image} More on the BigE’s TMS method inquiries. I always suggest traders to start with trend following and practice, and slowly applying other elements such as last reversals and TDI bounce signals. Start with 3 elements in TMS including the price action in post #647 TDI cross signals Previous highs and lows Trend Price moving in a direction with momentum associates with TDI signals. Confirm the trade direction and enter as TDI green crosses red {image} {image}

hey @tommydog...

USDCAD Jul03

You already missed yesterday' sell setup . When the PA made a swing high RN@136750 and consolidates, we sell after the PA setup DBHLC setup candle.

Do Not chase after the market when it already hit the intraday target ADR Low.

Go find another pair another timeframe for better trades.


Attached Image (click to enlarge)
Click to Enlarge Name: UCad Jul03 ADR hit 4-7-2024 4-11-11 am.png Size: 28 KB

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Quoting eelfranz
Don't get fired ! Just make the necessary transition to trading 4hr charts during the London session... or Daily charts.
Daily charts

TMS 5-Method eight(8) pairs at London 6:50AM

- established trend/swing

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Pairs Jul04 Daily at London 5.50am 4-7-2024 1-48-49 pm.png Size: 61 KB

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
8 traders viewing now, 2 are members:
Kiffer
,
galactico