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Trading Made Simple

  • #81,081
  • Jul 29, 2017 6:37am Jul 29, 2017 6:37am
Quoting emmanuel7788
{quote} Week 29 Jul 17 to 21 trades closed (15 trading days) This week my win rate dropped 1% from last week 68%. But the account grew so far 8.1% and still have not reach my 10% for the 20-trading days cycle. Nest week, I have to work harder and try my best not to screw up and can achieve the 10% by Friday next week. {image}
This week closing my 20-trading days cycle from July 3 to July 28.
Win rate dropped to 65% but still manage to achieve a monthly gain of 13.1% shown in my Trade Explorer statistics.
Overall still manage to keep to my KPI which is 10% per 20-trading days cycle. Next week will start a new cycle on Tuesday Aug 1. Monday is a off-day for me to catch up with some friends in town.

Attached Image (click to enlarge)
Click to Enlarge Name: TMS MEME trades close July 1 to 28.png Size: 56 KB


Remember folks, do not try to aim for 80% win rate like Big E. I have tried for years and I could not maintain consistency at 80% win rate. I prefer to manage my trades by cutting losses small and let the profitable ones run. By cutting small losses, I can have 40 to 45% losses but with a 55 to 60 % wins, my accounts can grow smoothly for 3 to 5 years. Work on your trading consistency by following a proven approach. Do not jump from system to system, but give yourself time to learn and master one trading methodology like TMS 5-Method and build it into your own winning system which fits you. I did in here in this thread for many years now.

Keep focus in what you do and you will make it like I did.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #81,082
  • Jul 29, 2017 7:05am Jul 29, 2017 7:05am
Quoting Uk1
{quote} Thank you, now I get it. I have a trade manager that I have been tweaking, forward testing, tweaking, and forward testing, but my average entry price calc was wrong, I couldn't figure out why (I was having trouble seeing the wood for the trees). This information almost completes my project for the time being, for my trade manager. Over the next weeks I'll finalise the code, then I will do some forward testing and display some charts for mine and everyone else's learning / development, if you are interested and if you are happy to help me...
Hi UK1,

Its going to be very tough doing both at the same time. I have been through that many years ago when I learn the MEME trading and at the same time developing a trade manager for it. But I had two buddies who are in the software business and they did most of the programming hardwork while I provided the specifications and did the live testing and help in the debugging.
I suggest you focus more time in the live trading and leave the programming to someone who knows MT4 or MT5 well.

You may recall this post:
https://www.forexfactory.com/showthr...16#post9622616.
We agreed on a trading account (£3k) A$5K and got started with that live trading. Then I decided to top up that account to A$10K so that I can trade 2 pairs instead of just one pair with AU$5k.
If you had been following the FXBlue trade explorer, you will see that this A$10K account has reached A$21K closing my month end on Friday Jul 28.
This account suffered a small dip 22% DD in early June when I started my June vacation and it took me 4 weeks to recover back that DD.
Now I am happy this account has doubled and I can trades 4 pairs from next month. Will work hard and be focus to achieve the next level A$25K and I will be more comfortable to trade 5 pairs at the same time.

Anyway , below is screenshot of trade summary of this account and hope this will be a motivation for you to keep on with the hardwork and sacrifices on your part to make it successful. Also for those who are not on my FXBlue white list, below is a screenshot of Trade Explorer.

Attached Image (click to enlarge)
Click to Enlarge Name: TMS MEME AUD5K Jun to Jul.png Size: 71 KB



Attached Image (click to enlarge)
Click to Enlarge Name: TMS II 5k project.png Size: 71 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #81,083
  • Jul 29, 2017 10:24am Jul 29, 2017 10:24am
Quoting emmanuel7788
{quote} Hi Celord That TDI cross with very steep slope due to that very big bar/candle which close very low. Remember the defauk TDI setting is based on using the bar Close price, the lower the Close price compared to the previous bar Close price will determine the 'ngle' of the TDI Green line. With such huge price move, you can lock in some profit and wait for the next few bar/Ha candles to see if it will consolidate. Usually small inside bar follows and big bar. But since you are following the trend on the higher timeframe, then the question is...
Thank you emmanuel for the valuable BPP information again! Much appreciated!

Ken
  • #81,084
  • Jul 29, 2017 12:02pm Jul 29, 2017 12:02pm
Quoting emmanuel7788
s{quote} @Tekkies, My new thread already started. If you did not get my invitation to my new thread, then you are not up to the level of those members who are in there trading and testing new trading tools.Loaded up 60% of my content the past weeks after my June vacation. It is not here in ForexFactory, too bad to all the folks who waited and expecting it here. Read all the shit going on here in FF forums, its not worth my time and effort to share here therefore I chose to CUG type forum. Of course we all read Big E' post and he mentioned in 2008...
Hi, emmanuel
I have learned a lot from you. Could you please invite me to your CUG group?
  • #81,085
  • Jul 29, 2017 2:42pm Jul 29, 2017 2:42pm
Quoting emmanuel7788
{quote} Hi Celord That TDI cross with very steep slope due to that very big bar/candle which close very low. Remember the defauk TDI setting is based on using the bar Close price, the lower the Close price compared to the previous bar Close price will determine the 'ngle' of the TDI Green line. With such huge price move, you can lock in some profit and wait for the next few bar/Ha candles to see if it will consolidate. Usually small inside bar follows and big bar. But since you are following the trend on the higher timeframe, then the question is...
Hi emmanuel7788

Thanks a lot for your answer !
  • #81,086
  • Jul 29, 2017 5:19pm Jul 29, 2017 5:19pm
Quoting celord
{quote} Hi emmanuel7788 Thanks a lot for your answer !
celord.
Am inquisitive in what way did emmanuel7788 answered your question: " if today were not friday what would you do in this case"?
  • #81,087
  • Jul 29, 2017 8:18pm Jul 29, 2017 8:18pm
Quoting emmanuel7788
{quote} This week closing my 20-trading days cycle from July 3 to July 28. Win rate dropped to 65% but still manage to achieve a monthly gain of 13.1% shown in my Trade Explorer statistics. Overall still manage to keep to my KPI which is 10% per 20-trading days cycle. Next week will start a new cycle on Tuesday Aug 1. Monday is a off-day for me to catch up with some friends in town. {image} Remember folks, do not try to aim for 80% win rate like Big E. I have tried for years and I could not maintain consistency at 80% win rate. I prefer to manage...
yes,thats quite right.No need to find a system has 80%up win rate. Thanks, emmanuel7788.
But sometimes we dont like losses,even it's a small one.
  • #81,088
  • Jul 29, 2017 8:45pm Jul 29, 2017 8:45pm
Quoting Tekkies
{quote} - Let the profit run. - check H1 for any indication what the market might do. -- false green go flat, hook, check mark that could only lead to a green bounce - move SL to BE + profit - start a trailing stop. Best will be: - close order when green go flat, hook, check mark
Hi Tekkies
What do I(and most TMS friends) learn from you???? I guess - very little?. But you are trying to be hero here. All your answers were very simple & missing the important part >strong S/R line which experienced traders should not miss that. And Emmanuel gave a very precised & detail answer.
Most good&great traders are humble and I wish you should be one.
If big E is still around(RIP) he also would improve his trading style as time goes by(as you can see in his posts - he changed, adapted and improved his trading to suit his life style). Since he is not around but we still have Emmanuel who guides us up to advanced level & yet he still teaches all newbies with basic big E strategy. I don't understand why those people who are nagging about Emmanuel teaching - What do they want? what they have in mind? Don't they want to learn new things? or they want to be vintage people lol.
And some people might say it's not Emmanuel thread. I can say that what Emmanuel is doing is to keep this thread alive to remember big E and also money is not a issue for Emmanuel(the same as big E > look at his age). If not this thread will be dead. Thanks Emmanuel
Lastly I bet there are many people want this thread to be dead then there will be many TMS commercial threads or web sites even in FF itself.
So right now we should enjoy & appreciated this thread still alive and we can learn advanced level for free.

Cheers
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 164 KB
  • #81,089
  • Jul 29, 2017 9:01pm Jul 29, 2017 9:01pm
Quoting daijyobu
{quote} yes,thats quite right.No need to find a system has 80%up win rate. Thanks, emmanuel7788. But sometimes we dont like losses,even it's a small one.
Hi daijyobu

small one is good so you will learn & practice to except our losses. Trading is our high probability strategy then if you understand 10 30 60 strategy well > 60% is Psychology - 10% is only strategy.

Cheers
  • #81,090
  • Jul 29, 2017 9:28pm Jul 29, 2017 9:28pm
Quoting Tekkies
{quote} celord. Am inquisitive in what way did emmanuel7788 answered your question: " if today were not friday what would you do in this case"?
If you call me newbe and after reading emmanuel7788's answer you need me to explain that, We both have a lot of work to do.
  • #81,091
  • Jul 30, 2017 8:23am Jul 30, 2017 8:23am
Quoting pete.alfa
{quote} Hi Tekkies What do I(and most TMS friends) learn from you???? I guess - very little?. But you are trying to be hero here. All your answers were very simple & missing the important part >strong S/R line which experienced traders should not miss that. And Emmanuel gave a very precised & detail answer. Most good&great traders are humble and I wish you should be one. If big E is still around(RIP) he also would improve his trading style as time goes by(as you can see in his posts - he changed, adapted and improved his trading to...
Hero?
Why the attack? is it because I dare criticize your trading god.

Did 7788 really answered " if today were not friday what would you do in this case"?.
Yes he did answered with nothing related to the question asked.
Impressive explanation of past event's and a possible move to D1

Strong S/R on a monthly chart???
Really?
S/R level's have been broken in the past and would be broken in the future.
How did BigE determine the trend?
He got all the information from the chart he is trading on. (Zoom out)
We changed the rules to suit our insecurity by worrying what other timeframes are doing or following so called guru's advice instead that of the OP of this thread.
Seeing that you use MN.
Applying post#647 to GBPCAD MN and all indication's are that S/R is going to be broken.
a. Possible green cross down.
b. Stoch is pointing down.
c Angle below 5 (almost touching 6)

celord asked: what would you do
What is GBDCAD H4 doing now.
7788 gave a lot of ...................... call it what you want.
BigE gave a simple rule
"exit when green goes flat, hook over or check mark" and "always look for re-entries if the trend continues"
Post's 6, 123, 128, 949, find the rest youself.

golden rule of tradeing - Cut your losses and let your profits ride
Looking now at GBDCAD H4
a. 7788 with whatever he tried to say in that post
or
b. BigE with "exit when green goes flat, hook over or check mark"
Reading celord response he does not know himself how to understand 7788 post

Well, a other post that would also mean very little
Cheer's
  • #81,092
  • Jul 30, 2017 11:01am Jul 30, 2017 11:01am
Quoting Enzzo
{quote} {file} {file}
Hi Enzzo,
on some computers (with high-res display >hdmi) the indicator looks like this:
Attached Image

And the buttons look like this:
Attached Image
  • #81,093
  • Jul 30, 2017 2:07pm Jul 30, 2017 2:07pm
pete.alpha well said.
I can not understand why people are so argumentative here on Forex Factory. I read mostly EuroUsd group chat and Trading Made Simple. For me its a great learning tool. Everyone is entitled to their own opinion, but to be rude and argue with everything someone else says is really not nice. One day I hope to be as successful as some traders on here. I take trades on my own merit. I don't follow any ones trades here so I can not blame anyone but myself if things go wrong, but I do appreciate all the hard work some people have done and the fact that they have taken the time to give their points of view. I try to learn from the different trading systems. I like to try to see for myself how a pair is moving and decide whether there is a good opportunity to trade.
100% thank you to all the people on here who give their time to chat and post about their trading methods and strategies and to all those clever people who program EA's, something I have no idea about.
  • #81,094
  • Jul 30, 2017 6:23pm Jul 30, 2017 6:23pm
Quoting jansb000
{quote} Hi Enzzo, on some computers (with high-res display >hdmi) the indicator looks like this: {image} And the buttons look like this: {image}
Quoting Enzzo
{quote} WOW I'll try include font size

that may have something to do with using the high resolution 4K QHD display.
changing the font size may help but will affect those other HD and FHD display types.

MT4 has not resolve this problem yet.
at the moment I set my displays back to FHD 1920 x 1020. this work perfect for all old and new build1085 indicators, scripts, expert advisor.

see this thread:
https://www.forexfactory.com/showthread.php?t=594600
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #81,095
  • Jul 30, 2017 7:09pm Jul 30, 2017 7:09pm
Quoting jansb000
{quote} Hi Enzzo, on some computers (with high-res display >hdmi) the indicator looks like this: {image} And the buttons look like this: {image}
Attached File(s)
File Type: ex4 iInfo.ex4   59 KB | 392 downloads

Attached File(s)
File Type: ex4 eaCHHA.ex4   32 KB | 428 downloads

Attached File(s)
File Type: pdf Description.pdf   482 KB | 570 downloads
  • #81,096
  • Jul 31, 2017 2:30am Jul 31, 2017 2:30am
Quoting Enzzo
{quote} {file} {file} {image}
Hi Enzzo
What is this new EA and how does work & what is new amended?
Attached File
https://cdn-assets.forexfactory.net/...attach/ex4.gif eaCHHA.ex4 32 KB
  • #81,097
  • Jul 31, 2017 2:50am Jul 31, 2017 2:50am
Quoting arasheed
What is this new EA
minor cosmetic corrections at the personal request of users ) Everything works the same. Added font size.
  • #81,098
  • Jul 31, 2017 1:08pm Jul 31, 2017 1:08pm
hi emmanuel, i need your #post 81080 image showing indicators. please upload the link. thank you
  • #81,099
  • Jul 31, 2017 5:47pm Jul 31, 2017 5:47pm
I integrated the CAD pairs to my universe of currencies and started with a short on CADJPY on D1 signal even though the weekly trend is still strong.
Every time I announce a trade on this thread, I end up losing, I hope this won't be yet another of those...
  • #81,100
  • Jul 31, 2017 6:39pm Jul 31, 2017 6:39pm
Quoting tejaharine
hi emmanuel, i need your #post 81080 image showing indicators. please upload the link. thank you
its all in this thread.

only three key indicators used for TMS 5-Method or the Synergy trading model which Big E traded back in 2008 to 2010.

1) the Synergy APB or the HA candles what Big E referred to them.
2) the TDI RT the realtime version ( not repainting, wait till the price bar / candle closed to read the condition)
3) the Price Action Channel PAC is two moving averages line - 5SMMA High-Low which Big E removed and replaced with his 5EMA Typical Price, Shift+3.

read this thread on regular basis so that you will catch up with others here and learn to trade and to trade with TMS.

there is no short-cut to become a trader. It depends on you, on your own time spend to learn, to practice, practice, practice.
its take 2 to 3 years if you spend 3 to 5 hours daily.
if you spend less time, say one hour per day, it will take very much longer.
if you have read all of Big E' posts and know the man, he started in 2008 as a forex newbie. You should know that you need have at least spent 6,000 hours to get to that level where he was in 2010 when he developed his 5-Method and the 21/233 Method.

Now is 2017, more than 6 years since Big E died. How much have you missed in 6 years?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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