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Trading Made Simple

  • #82,881
  • Oct 29, 2017 12:22pm Oct 29, 2017 12:22pm
Quoting emmanuel7788
{quote} TMS MEME Live trading account, so far the following members replied: https://www.forexfactory.com/tomgu https://www.forexfactory.com/reverseflash https://www.forexfactory.com/jaizy https://www.forexfactory.com/marto24 https://www.forexfactory.com/frank0 https://www.forexfactory.com/mdtrader https://www.forexfactory.com/dharmikpatel https://www.forexfactory.com/panzerfx https://www.forexfactory.com/deichkind https://www.forexfactory.com/simontw...
Hello Emmanuel
Count me in.
  • #82,882
  • Oct 29, 2017 1:05pm Oct 29, 2017 1:05pm
Emma,

Count me in as well . . . I am currently trading a completely different system on the CME/CBOT, however this thread, and many of your posts, were my first turning point as a trader. I would very gladly follow along and continue expanding my trading knowledge, making contributions if/when appropriate. As always, thanks for sharing with us.

N.
  • #82,883
  • Oct 29, 2017 1:16pm Oct 29, 2017 1:16pm
I would love to be included in your Live account demo
  • #82,884
  • Oct 29, 2017 1:41pm Oct 29, 2017 1:41pm
Quoting emmanuel7788
{quote} Let's see how many more members want to see a live account trading with TMS MEME.
emm,
yes please!
  • #82,885
  • Oct 29, 2017 1:58pm Oct 29, 2017 1:58pm
Hi Emmanuel,
you can add me tooo

thanks and best wishes
  • #82,886
  • Oct 29, 2017 2:42pm Oct 29, 2017 2:42pm
I'm in

Quoting emmanuel7788
{quote} Let's see how many more members want to see a live account trading with TMS MEME. If it is only you, I can simply give your my account investor password and you can login into my live account and follow live trades in realtime. But you must agree to a simple NDA with me. I have a small problem with leverage 1:400. My current broker only allow me 1:50 and they will reduce it to 1:25 in Jan 2018. I have to consider another broker who can offer me 1:100 or 1:200. Let me talk to the account manager. You do your weekly top down analysis post...
  • #82,887
  • Oct 29, 2017 3:02pm Oct 29, 2017 3:02pm
Quoting emmanuel7788
{quote} TMS MEME Live trading account, so far the following members replied: https://www.forexfactory.com/tomgu https://www.forexfactory.com/reverseflash https://www.forexfactory.com/jaizy https://www.forexfactory.com/marto24 https://www.forexfactory.com/frank0 https://www.forexfactory.com/mdtrader https://www.forexfactory.com/dharmikpatel https://www.forexfactory.com/panzerfx https://www.forexfactory.com/deichkind https://www.forexfactory.com/simontw...
Hello Emmanuel
If is posible and me. THX!
  • #82,888
  • Oct 29, 2017 3:19pm Oct 29, 2017 3:19pm
I'm interested too.....
  • #82,889
  • Oct 29, 2017 3:53pm Oct 29, 2017 3:53pm
Quoting emmanuel7788
{quote} Let's see how many more members want to see a live account trading with TMS MEME. If it is only you, I can simply give your my account investor password and you can login into my live account and follow live trades in realtime. But you must agree to a simple NDA with me. I have a small problem with leverage 1:400. My current broker only allow me 1:50 and they will reduce it to 1:25 in Jan 2018. I have to consider another broker who can offer me 1:100 or 1:200. Let me talk to the account manager. You do your weekly top down analysis post...
Hi Emm,
I'm Interested also.
Kilo
  • #82,890
  • Oct 29, 2017 4:05pm Oct 29, 2017 4:05pm
Good morning Folks,

Market will open soon.
I know many of us do not like to work especially on weekends.
Have you done your weekend market analysis and prepared your trade plan for this week?

If you do not have a trade plan, better you do not take any trade.

I did my weekend homework as usual and done some back-testing.

Below is a screenshot of how I would trade TMS H4 like Big E taking an trade entry on H4 HA candle #2 entry and use MEME.
With a small account size $500 and trading the smallest lot 0.01 lot with maximum 5 ME positions/basket.
ME position 0.5ADR, Minimum Take Profit 0.5ADR, Stop Loss 2.0ADR.

Attached Image (click to enlarge)
Click to Enlarge Name: TMS H4 HA entry w MEME Jul Oct 2017.png Size: 81 KB


Pay attention to details and you will learn.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #82,891
  • Edited 4:44pm Oct 29, 2017 4:29pm | Edited 4:44pm
Quoting eelfranz
Moe, We don't want any EA's. Why? They can't observe and think like humans can and do. You need to learn to think on your own while trading and making your own decisions. Most EA"s don't work well anyway... sorry buddy...
You recall this Big E's post link above?

Big E was right back then, 6 years ago and till today 6 years later he is still right that no trading robot will ever work for his TMS 5-Method. His trading style was discretionary rule-based. You cannot possibly program using software his discretionary rules in Post#647.

But with many new developments and advancements in software programming and in trading platforms, a lot can be done to help us in our daily trading routine and help us deal with discipline issues and pulling the trigger caused by fear and greed.
Those fully auto trading robots will not work for TMS but what if using a trade manager expert advisor that can do say 80 percent of the trading tasks for us?
like for example,
- when to pull the trigger for buy and sell when we are not at our computer.
- when to cut losses when trades are in floating drawdownn.
- when to cut losses when our account balance/equity falls pre-determined levels.
- when to start and stop trading according to our trading hours.

you can free up more time for other things in life.

After spending a lot of my time the past 10 years trying many trading robots and EAs in public forums, I am convinced that none of these robots will ever work 100%.
But if a EA can do most of the my trading tasks and I have free time for other things in life, I would achieve my retirement dream. The plan here is DIVERSIFICATION, by this I mean instead of doing the usual manual trading all the time, I utilize part of my trading capital and let an EA do the semi-auto trading for me. What I need is a semi-auto trading EA to generate generate a steady cash flow with minimum risk.

Here is the live results for the past 20-trading days Oct 02 to 27.

Attached Image (click to enlarge)
Click to Enlarge Name: TMS HA entry Oct 2-27.png Size: 71 KB


combine the Lotto model and Insurance model, and come up with the Cash Flow model ... that is TMS ME/ME Evolution trading expert advisor EA.
Post#82,845
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #82,892
  • Oct 29, 2017 5:00pm Oct 29, 2017 5:00pm
Have not and never will trade with or be interested in EAs.
  • #82,893
  • Oct 29, 2017 5:07pm Oct 29, 2017 5:07pm
Quoting rcbarlow
Have not and never will trade with or be interested in EAs.

Yes. 100% agree with you.

I never will trade with any auto trading robots.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #82,894
  • Oct 29, 2017 5:09pm Oct 29, 2017 5:09pm
Hi Emmanuel,
Please count me in too!

Thanks





Quoting emmanuel7788
{quote} Let's see how many more members want to see a live account trading with TMS MEME. If it is only you, I can simply give your my account investor password and you can login into my live account and follow live trades in realtime. But you must agree to a simple NDA with me. I have a small problem with leverage 1:400. My current broker only allow me 1:50 and they will reduce it to 1:25 in Jan 2018. I have to consider another broker who can offer me 1:100 or 1:200. Let me talk to the account manager. You do your weekly top down analysis post...
  • #82,895
  • Oct 29, 2017 5:18pm Oct 29, 2017 5:18pm
EURUSD Week 44 Oct 30 to Nov 3:

Sell EU on Day open with ME/ME
ME Order distance 0.5ADR

Use your own Money Management and %Risk.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #82,896
  • Oct 29, 2017 5:19pm Oct 29, 2017 5:19pm
Quoting emmanuel7788
Good morning Folks, Market will open soon. I know many of us do not like to work especially on weekends. Have you done your weekend market analysis and prepared your trade plan for this week? If you do not have a trade plan, better you do not take any trade. I did my weekend homework as usual and done some back-testing. Below is a screenshot of how I would trade TMS H4 like Big E taking an trade entry on H4 HA candle #2 entry and use MEME. With a small account size $500 and trading the smallest lot 0.01 lot with maximum 5 ME positions/basket. ME...
Hey Emmanuel,
I'm new to this forum but been using Big-E method for couple weeks now. I'm just wondering if you always place an entry on the 'SECOND' candle in 4hr time frame, but not the first one? if so why's that Thank you
  • #82,897
  • Oct 29, 2017 5:20pm Oct 29, 2017 5:20pm
Count me in please Emmanuel
  • #82,898
  • Oct 29, 2017 5:34pm Oct 29, 2017 5:34pm
Also please count me in EMMANUEL!
  • #82,899
  • Oct 29, 2017 5:35pm Oct 29, 2017 5:35pm
DayLight Saving Time shift DST

With Europe and the UK DST on their Sunday, the London Open is one hour later starting from today Monday Oct 30.
The 5 fakey hours are still there.

Tokyo do not have DST and their sushi hour still remain the same.
So for intraday traders, there is the TOK_5H range to look out for.
Asian traders may be hungry to make money just after Tokyo sushi hour until one hour after London open.

Also note that the London session overlap with the New York session is now 5 hours. Longer trading hours for M15 and H1 trading opportunities. This will remain the same until the US make their DST change.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #82,900
  • Oct 29, 2017 5:36pm Oct 29, 2017 5:36pm
Quoting kenzsurf
{quote} Hey Emmanuel, I'm new to this forum but been using Big-E method for couple weeks now. I'm just wondering if you always place an entry on the 'SECOND' candle in 4hr time frame, but not the first one? if so why's that Thank you

Very simple basic rule, we all need the see the H4 candle close and make sure that has a change in HA colour.

With only one exception.

Trading robots are dumb, they cannot make this discretionary exception.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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