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Trading Made Simple

  • #83,181
  • Nov 7, 2017 10:46am Nov 7, 2017 10:46am
Quoting DeepChill
This thread has been hijacked. It's useless now.
It became useless long ago...
Trade with confidence, trade without fear.
  • #83,182
  • Nov 7, 2017 10:48am Nov 7, 2017 10:48am
Quoting DeepChill
This thread has been hijacked. It's useless now.

If it has been hijacked, than this has been since very long time after the OP died.

many FF threads are useless because OP make claims of making money and do not show their live or demo accounts to convince other that their 'system' really work for them and they can trade. Lots of written claims knowing that most people do not read into details and do not follow closely the posts.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #83,183
  • Nov 7, 2017 10:50am Nov 7, 2017 10:50am
Quoting Cryptosurf
{quote} It became useless long ago...
yes, agree since the OP died in 2012.

but TMS trading the way Big E traded H4 still work but people stopped believing in it.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #83,184
  • Nov 7, 2017 10:54am Nov 7, 2017 10:54am
Quoting emmanuel7788
{quote} yes, agree since the OP died in 2012. but TMS trading the way Big E traded H4 still work but people stopped believing in it.
It worked so well that even Big E stopped using it.

What does that tell you?
Trade with confidence, trade without fear.
  • #83,185
  • Nov 7, 2017 11:00am Nov 7, 2017 11:00am
Quoting Cryptosurf
{quote} It worked so well that even Big E stopped using it. What does that tell you?
you had close access to him ? spill the info.
It's in fear when people show what they truly value.
  • #83,186
  • Nov 7, 2017 11:05am Nov 7, 2017 11:05am
Quoting ensale
{quote} you had close access to him ? spill the info.
It had been mentioned numerous times in this thread.
Trade with confidence, trade without fear.
  • #83,187
  • Nov 7, 2017 11:07am Nov 7, 2017 11:07am
Quoting Cryptosurf
{quote} It worked so well that even Big E stopped using it. What does that tell you?
that is a lie you just said.

well, those who were in his skype group back in 2011 knows that.

If you read his posts, you will know that he dropped the use of the 5EMA, typical price, shift+3.
why? reason is he rely more on PA and he became more aggressive and took more risk as he got better at PA.

His basic 5-Method approach has not changed and still can be seen on all charts today even 6 years after he died.

why?

because Big E' TMS is a rule based discretionary trading system and this is why it is so hard for people to be able to trade it profitably.

and the main advantage in trading Big E's 'style' is that the drawdown is very short duration. He did not hold onto losing positions for weeks and months. He exit his trades very fast when price pull back.

But he did not trade the D1 chart although he tested it in 2011 but did finish that and share any of his test results.

Today more and more active TMS traders are trading the D1 chart following 3 simple mechanical rules. The rest is on money management and entry and exit strategy to make more money.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #83,188
  • Nov 7, 2017 11:13am Nov 7, 2017 11:13am
Quoting emmanuel7788
{quote} that is a lie you just said. well, those who were in his skype group back in 2011 knows that. If you read his posts, you will know that he dropped the use of the 5EMA, typical price, shift+3. why? reason is he rely more on PA and he became more aggressive and took more risk as he got better at PA. His basic 5-Method approach has not changed and still can be seen on all charts today even 6 years after he died. why? because Big E' TMS is a rule based discretionary trading system and this is why it is so hard for people to be able to trade...
It had been mentioned numerous times in the past that he moved on from TMS and traded straight PASR.
Trade with confidence, trade without fear.
  • #83,189
  • Nov 7, 2017 11:31am Nov 7, 2017 11:31am
Quoting emmanuel7788
{quote} Hello TMS Folks, I have a few minutes to spare before dinner time here. Where EURUSD target for D1 traders? ...{image}
My take

W1 green below red = sell

D1 green below red, see red arrow for sell timing

4hr macd, sell overlaps with tdi
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 42 KB
twitter: @gettoefl
  • #83,190
  • Nov 7, 2017 11:32am Nov 7, 2017 11:32am
Quoting Cryptosurf
{quote} It had been mentioned numerous times in the past that he moved on from TMS and traded straight PASR.
that's not true. he did not trade PASR.
Big E traded PA and Supp/Res and that is not what PASR is.


PASR is what strat trade.

if you want to learn PASR, strat's thread is here:
https://www.forexfactory.com/showthread.php?t=708441

and before you get it wrong, PASR is not trading with moving averages which many still don't get that right.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #83,191
  • Nov 7, 2017 11:36am Nov 7, 2017 11:36am
Quoting gettoefl
{quote} My take W1 green below red = sell D1 green below red, see red arrow for sell timing 4hr macd, sell overlaps with tdi {image}

I don't use the TDI on Weekly and Monthly charts.

I only use the TDI or RSI to confirm the price momentum on the trading chart for the entry setup candle.

The price momentum on weekly and monthly is simply too 'large' to be of any good use.

Look at Weekly and Monthly price action to support your trade on Daily.

Read "The Power of Timeframes" by strat.

Also if you want to use MACD then drop the RSI/TDI.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #83,192
  • Nov 7, 2017 11:43am Nov 7, 2017 11:43am
Quoting emmanuel7788
{quote} I don't use the TDI on Weekly and Monthly charts. I only use the TDI or RSI to confirm the price momentum on the trading chart for the entry setup candle. The price momentum on weekly and monthly is simply too 'large' to be of any good use. Look at Weekly and Monthly price action to support your trade on Daily. Read "The Power of Timeframes" by strat. Also if you want to use MACD then drop the RSI/TDI.
Just what works for me ... I dont look at any other charts. Three indicators one chart. The W indicator tells you whether to be long or short. The D indicator identifies the long and short areas. The 4h indicator gives a bit more precision to the D indicator.
twitter: @gettoefl
  • #83,193
  • Nov 7, 2017 11:48am Nov 7, 2017 11:48am
Quoting gettoefl
{quote} Just what works for me ... I dont look at any other charts. Three indicators one chart. The W indicator tells you whether to be long or short. The D indicator identifies the long and short areas. The 4h indicator gives a bit more precision to the D indicator.

Very good,

when you have found your way with somethings and they work for you, you have then developed your own trading system and you will make it your own WINNING SYSTEM that Fits You.

Big E did his own and shared it here with us.

I did mine using his 5-METHOD as the core trading methodology and build my own system with Money Management strategy and Mental Strategies.
These work for me and that is why I share with others here.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #83,194
  • Nov 7, 2017 12:11pm Nov 7, 2017 12:11pm
Quoting emmanuel7788
{quote} Very good, when you have found your way with somethings and they work for you, you have then developed your own trading system and you will make it your own WINNING SYSTEM that Fits You. Big E did his own and shared it here with us. I did mine using his 5-METHOD as the core trading methodology and build my own system with Money Management strategy and Mental Strategies. These work for me and that is why I share with others here.
Funny how you can't afford the same courtesy to anyone outside TMS.

ie: Davits Pivots.

Am i right? ¯\_(ツ)_/¯
Trade with confidence, trade without fear.
  • #83,195
  • Nov 7, 2017 12:29pm Nov 7, 2017 12:29pm
Quoting FXmongoose
My 1st trade.(ME/ME) {image}
Hey FXmongoose,
looks good, but aren't all limit orders supposed to be the same size? Why did you choose to set them at 0.02 and 0.03?
Cheers...
  • #83,196
  • Edited 12:46pm Nov 7, 2017 12:30pm | Edited 12:46pm
Quoting Cryptosurf
{quote} Funny how you can't afford the same courtesy to anyone outside the TMS. ie: Davits Pivots. Am i right? ¯\_(ツ)_/¯

There is no Davit Pivots in this industry. You aspire to be a professional says your profile, how can you buy into this nonsense.

what he uses is Fibonacci Pivot and renamed that to his name Davit calling that Davit Pivots as though he invented it. I went into one of the Davit Pivot uploaded in FF and saw a flaw in that coding.

Davit's trading with huge drawdown in prolonged periods of weeks and months is not what I encourage here in this TMS thread. We learn to 'cut losses short'.

Davit can trade very small units like what Oanda offers but how does that translate into making real money to pay living expenses -"mortgage, car, car,phone ,insurance plus additional amount left to build the account " . This sort of written claims is misleading people who do not have the habit to read regularly and paying attention to details in progressively. People can be misled easily in thinking that he is very profitable.

In system development, we also look into the DD and duration period of the DD over a 10 years period. So far, he only traded about 2 years using that Fibonacci Pivots.
before that he was trading two other 'systems' and both systems as we all know did not make money for him and he blew accounts several times. If you read all his threads and post from 2012 you will know which year he loss a lot of money and he went offline for months. His current system Pivot with TDI has the same flaws inherent in the other two systems he posted here in FF.

If Davit addresses the drawdown period and how he recovers from those drawdown then it would be something I would be interested to study and give him the due credit. How often did he top up his trading account to avoid margin call? Do you want to know? Until such time, I seriously doubt that he is profitable trader trading the way he doing today.

Here, read about Oanda offer:
how you can trade pennies for fun.

https://www.forexfactory.com/showthr...0#post10459260
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #83,197
  • Nov 7, 2017 12:51pm Nov 7, 2017 12:51pm
Quoting emmanuel7788
{quote} There is no Davit Pivots in this industry. You aspire to be a professional says your profile, how can you buy into this nonsense. what he uses is Fibonacci Pivot and renamed that to his name Davit calling that Davit Pivots as though he invented it.
I've already mentioned to you that they are weekly pivots. https://www.forexfactory.com/showthr...0#post10469680

You're just being intentionally and purposely daft.

And "Davits Pivots" is the term we use (in the thread) when referring to them. Let me break it down into small bites for you.

Fellow member "Davit" started a thread called "Pivot Trading with TDI" https://www.forexfactory.com/showthread.php?t=588764

In that thread there are Pivot indicators that are used.

They are used on the weekly TF and set on Fibonacci.

So in essence they are "Fibonacci Pivots"

Davit is the creator of said thread.

See the connection?

It can be traded for long term or for short term swing following much like EW theory.

A lot of the time as they approach higher WR/WS levels then they will either:

A) Breakout based on fundamentals.
B) Reverse ala swing failure.

Its that simple. Trades are placed from one level to the next. Much as it has been done for decades by experienced professional traders.

Im sure you're going to poo poo all over this.. You defend your FF (big fish in a little pond) cult status with religiously.

Just don't try to preach that the only winning system is yours and nothing else works.

Because no professional prop trader is using TMS.

Ever.
Trade with confidence, trade without fear.
  • #83,198
  • Nov 7, 2017 12:54pm Nov 7, 2017 12:54pm
Quoting Cryptosurf
{quote} Funny how you can't afford the same courtesy to anyone outside TMS. ie: Davits Pivots. Am i right? ¯\_(ツ)_/¯

BTW, your weekly pivot indicator which you use is correct. That Davit Pivot is wrong.

Like this EURUSD example below,

last week Pivot S38 is this week S61... coincidence

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Weekly Pivots.png Size: 69 KB


Right now looks like EU bounce from S61, LOL.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #83,199
  • Nov 7, 2017 12:54pm Nov 7, 2017 12:54pm
Hi TMS-ers,

I am stuck with a little programming issue:
Big-E always said that a crossing green-red should be like the arm of a clock pointing between 12 and 2 or between 4 and 6.
My question is: How would I measure that angle in a program? Because the angle depends on the horizontal scale, and fixed numbers, like "(green - red) > 5", are not consistent for multiple timeframes. So if anybody has suggestions on how to measure the angle of "green crossing red" I would really like to hear.
Attached Image

Cheers...
  • #83,200
  • Nov 7, 2017 12:59pm Nov 7, 2017 12:59pm
Quoting Cryptosurf
{quote} I've already mentioned to you that they are weekly pivots. https://www.forexfactory.com/showthr...0#post10469680 You're just being intentionally and purposely daft. And "Davits Pivots" is the term we use (in the thread) when referring to them. Let me break it down into small bites for you. Fellow member "Davit" started a thread called "Pivot Trading with TDI" https://www.forexfactory.com/showthread.php?t=588764 In that thread there are Pivot indicators that are used. They are used on the weekly TF and...

So I see you have blinkers on all the time. Good luck on your journey to become a professional trader one day.

Trust me, the day when you become a professional trader, all these that you write today will become garbage.

Attached Image (click to enlarge)
Click to Enlarge Name: Cryptosurf profile.png Size: 87 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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