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Trading Made Simple

  • #83,941
  • Dec 8, 2017 4:54am Dec 8, 2017 4:54am
EURUSD back-testing using broker live account data Jan to Nov 2017.

Trading H4, taking every H4 set up candle as Big E described.

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What do you think of such back-testing and the result?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #83,942
  • Edited 6:05am Dec 8, 2017 5:29am | Edited 6:05am
Multiply Chart on one screen?
Which chart is your comfort chart. The one you prefer to trade?
Which chart is used to place orders?
Which chart is used to close orders?
There is only confusion in the multiply chart's posted above.
MN, W1 - sideways
D1, H4 - Down
H1 - Is not even used
Add to the mix = candle pattern's.
Already one trader has order's that are in a loss because chart's were in conflicting trend's.
That BigE is mentioned in the same post that has got no TMS or TDI show how far this thread has derailed. What will he's reaction be concerning those two post's?
Possible this:
Post#6 "If you add other things it will influence your decisions... usually to your detriment. Don't try to complicate it thinking it can't be this easy"
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Edit:
Emmanual are you sincerely meaning this:
"I have been here for 6 long years and will be here longer when anyone needs help to learn to trade and trade with Big E' 5-Method."

Then please show in which post in this thread BigE used multiple chart's, candle pattern's, Big Picture Planning and all the other stuff you promote. For I would love to learn directly from the Big man himself.
  • #83,943
  • Dec 8, 2017 6:06am Dec 8, 2017 6:06am
Quoting iyerkedar
{quote} Yes i will be trading on higher time frames i.e D1 & W1.I will also like the option to choose the direction of trade in the EA. I will manually select the direction of trade while activating the EA on the chart. I will test the strategy first for 3-6 months. I will do the same in my Cent account for 3-6 months. My main reason why i need automation is that i am not able to log into MT4 during market opening hours. But i can still login & check the trades every day. I want to automate the process. I am expecting to 2-5 trades per week. I want...

have you decided which version of the TDI to use?

the re-painting version or the realtime non-repainting version.

this is very important because your trading will be different from mine.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #83,944
  • Dec 8, 2017 6:14am Dec 8, 2017 6:14am
Hey Folks,

You don't have to read all 4198 pages of posts here.

You have a 'short-cut'

Try this!

Quickk introduction to this Trading Made Simple thread:
Trading Made Simple for beginners : Post#52,707
A short history by pioneer member snarlyjack Post#110
Our late OP eelfranz aka Big E spent 6,000 hours: Post#6 and he evolved as a trader and went on and developed two trading methods.
5-Method and 21/233 Method Post#3018, Post#4104,
After months of postings and answering many frequently asked questions FAQs,
eelfranz made the jump to this new Trading Made Simple thread on 26 April 2011... Post#4432
In Post#1, he explained how he traded the H4 chart timeframe and he also trade the H1 chart during the NY session. This suited his lifestyle being retired and the time zone he lived. Sadly he passed away in Oct 2012.
Two very important posts: Post#261 and Post#647, give a simple summary of what this 5-Method is and the basic forex stuff we check before we look for the TDI setups to trade.
TMS 5-Method Basic Rules: Post#53,841
Always check the #1- Price Action first, then #2- TDI Post#3142
Big E wanted us to build this TMS thread together... Post#4,432
The original indicators and template Post#25
If you are overwhelmed (information overload) by the number of posts and the loads of information and variations shared by other traders here, the best thing to do is to stop reading and go back to the basics what Big E mentioned in his 463 posts in this thread and 861 posts in the CSH thread. First you learn and master the 5-Method first before you start add your own tweaks and make a new system.

Recommendations:
Read all of Big E posts... 861posts in the Craig Harris Stochastics thread and 463 posts in this TMS thread....and make notes on those training charts he posted. Pay attention whenever he mentioned PA and what you see on his training charts.
Learn the basic stuff about forex trading first. A good place to start is www.babypips.com/school

If you want to trade the way Big E described in Post#1, make sure you use his template , the Synergy APB / HA candles and use that TDI Red Green version. These are in Post#25.
Note that the TDI Red Green version repaints all the bars in history so you cannot use this when you do back-testing by scrolling back your charts. The better way is to run this in live market and trade the TMS setups based on what you see without refreshing your charts. When you want to trade with entries on the APB#1 and APB#2 candles, always wait for the price bar/candle to close and use the TDI to confirm the setup.

When you are done with the above, start trading in live market but use a demo account money.
The market will be your teacher.

Enjoy and Have Fun!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #83,945
  • Dec 8, 2017 6:21am Dec 8, 2017 6:21am
EURUSD Week 49 trades closed Dec 08.

Just closed my last trade before NFP.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #83,946
  • Dec 8, 2017 6:33am Dec 8, 2017 6:33am
Quoting eelfranz
I'm going to do a test on the Daily charts. When green crosses red I'll stay in until green crosses red again. I'll report the results in a week or so... I'll only enter if the candles are medium length or larger... wish me luck ...

Hey Folks,

Have you tested trading the D1 chart like what Big E said in his post above?

What are your test results for those 8 pairs he traded back in 2010?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #83,947
  • Dec 8, 2017 6:44am Dec 8, 2017 6:44am
Quoting emmanuel7788
Big E wanted us to build this TMS thread together... Post#4,432

Big E also wanted to keep outside indicators OFF HIS THREAD and he said so several times. Most people have had the decency and respect to not butcher Big E's system, thread and legacy by opening their own threads with their own versions of TMS. People like Likica and Davit. But not you. You just keep on adding more and more gimmicks to Big E's thread as you skip from system to system trying to impress the newbies with your latest gimmick and books. Why don't you grow some balls and show some damn respect to the late Big E...owner of this thread and system?

Quoting eelfranz
EVERY BODY OUT OF THE POOL ! If you want to add indicators... keep it to yourself and please don't post it here. You know the rules... please trade it as layed out. Trade it during the first 1-3hrs of any session on the 1hr chart and 4hr chart during the London open. Study old charts on winning trades. Learn to recgonize them. Watch your angles - 12-2, 4-6

Quoting eelfranz
I've spent the last 3 hrs reading new posts since I signed off yesterday... I'm disappointed in a few of you and your actions. This is my thread and my method... traded the way I've laid it out. I don't want to see any more posts that discuss other indicators... other ways... I'm here to help you to make money at no cost to you and I've invested thousands of hours doing just that. I've already canned one trader last week and I don't look forward to doing that to any others. Just show your support and respect that were discussing the 5 method......
Doing what you like is Freedom. Liking what you do is Happiness.
  • #83,948
  • Edited 7:10am Dec 8, 2017 6:46am | Edited 7:10am
Quoting emmanuel7788
Hey Folks, You don't have to read all 4198 pages of posts here. Enjoy and Have Fun!
Thanks emmanuel for the detail post's that refer to Craig Harris Stochastics Method which is not Trading Made Simple.
Our late OP eelfranz aka Big E spent 6,000 hours: Post#6 and he evolved as a trader and went on and developed two trading methods.
5-Method and 21/233 Method Post#3018, Post#4104,
eelfranz made the jump to this new Trading Made Simple thread on 26 April 2011... Post#4432
Always check the #1- Price Action first, then #2- TDI Post#3142
Big E wanted us to build this TMS thread together... Post#4,432

You left out this post
https://www.forexfactory.com/showthr...=7416585#reply

Now can you please post any of BigE's post where he (BigE) explained how to use. I really can't find them.
- multiple chart's
- candle pattern's
- Big Picture Planning
- London break out.

Edit:
Craig Harris Stochastics Method: Always check the #1- Price Action first, then #2- TDI Post#3142
Trading Made Simple:
Post#115
A Normal entry is when green crosses red on the TDI (and you can actually see the green on the other side)
A bounce trade is when green gets close to red but bounces away and the original trade continues are good entries generally.
Post#119
On this method the TDI is King. All trades are signaled by it as well as exits... does that keep it simple. Only red and green lines (double thickness) and remove the others... cut out any possible confusion... make it simple for YOU !

Two different method's, two different ways to use TDI. This is how members are mislead.
  • #83,949
  • Dec 8, 2017 6:48am Dec 8, 2017 6:48am
Hey Folks,

see this!
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #83,950
  • Dec 8, 2017 6:56am Dec 8, 2017 6:56am
Traders Dynamic Index

You have two other options how you want to use the Trader Dynamic Index aka TDI.

Entry conditions

Scalping - Big E's choice (... aggressive)
Long = Green over Red,
Short = Red over Green

Active
Long = Green over Red & Yellow lines
Short = Red over Green & Yellow lines

Moderate This can be your choice, it is 'safer' and most profitable
Long = Green over Red, Yellow, & 50 lines
Short= Red over Green, Green below Yellow & 50 line

I use the Moderate mode when I trade the D1 chart.

It is my choice as I am a conservative trader.

You all have your own choice how you want to trade. It is your own hard earned money.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #83,951
  • Dec 8, 2017 6:57am Dec 8, 2017 6:57am
Quoting emmanuel7788
EURUSD Week 49 trades closed Dec 08. Just closed my last trade before NFP. {image}

Front up with a Trade Explorer, or it didn't happen.

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"Honesty is a very expensive gift. You wont find it in cheap people.WBuffett" <<<< Yes, Quite so.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #83,952
  • Dec 8, 2017 7:05am Dec 8, 2017 7:05am
Hey Folks,

Trade Explorer is only for members who are my FF buddies only.

I am not the OP of this thread and I don't have any obligations to show any TE to proof anything to anyone. Did anyone ever asked Big E to show his TE when he was alive?

If anyone want to see my trades live, you need to open a FX Blue account and I will add you to my white list. All you need to do is PM me when you have your FX Blue account open. Next year 2018 will be another new white list for some 120 members. I still have to update the list by next week.

FX Blue also allow members to copy trades from one account to another.

https://www.fxblue.com/
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #83,953
  • Dec 8, 2017 7:14am Dec 8, 2017 7:14am
Quoting emmanuel7788
Hey Folks, Trade Explorer is only for members who are my FF buddies only.

Yeah...real big with the talk about all your wonderful trades to *EVERYONE* who reads this thread, but you can't back that talk up eh?

Attached Image
Doing what you like is Freedom. Liking what you do is Happiness.
  • #83,954
  • Dec 8, 2017 7:16am Dec 8, 2017 7:16am
Quoting emmanuel7788
Hey Folks, Trade Explorer is only for members who are my FF buddies only. If anyone want to see my trades live, you need to open a FX Blue account and I will add you to my white list. All you need to do is PM me when you have your FX Blue account open. Next year 2018 will be another new white list for some 120 members. I still have to update the list by next week. FX Blue also allow members to copy trades from one account to another. https://www.fxblue.com/
Just -1772 pips.

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  • #83,955
  • Dec 8, 2017 7:19am Dec 8, 2017 7:19am
Hey Folks,


A few losing trades in any one month will not hurt. Don't tell me you all have 100% win rates every month.

Why keep re-posting that TE of my trade plan CI500 in May 2017?
One losing trade plan in May 2017 trading one currency pair will not hurt especially when I am trading with one of my kedge account.
If I show you that account size for trading CI500 USDJPY, you will be shocked...LOL.


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Do you have a Trade Explorer to show us and impress us? LOL.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #83,956
  • Dec 8, 2017 7:21am Dec 8, 2017 7:21am
The same old story is about to unfold over and over again
This has been happening since BigE passed away.
Members hi-jacking this thread to promote their own trading methodology.
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  • #83,957
  • Dec 8, 2017 7:23am Dec 8, 2017 7:23am
Quoting realjumper
{quote} Yeah...real big with the talk about all your wonderful trades to *EVERYONE* who reads this thread, but you can't back that talk up eh? {image}
@realjumper,

You are one of the 95% losers therefore you never believe anyone can make money.

Do you have a TE for your Genesis Matrix thread? You never showed any. Your lame excuse was that TE is only for your family only. LOL.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #83,958
  • Dec 8, 2017 7:25am Dec 8, 2017 7:25am
Quoting emmanuel7788
Hey Folks, A few losing trades in any one month will not hurt. Don't tell me you all have 100% win rates every month. Why keep re-posting that TE of my trade plan CI500 in May 2017? One losing trade plan in May 2017 trading one currency pair will not hurt especially when I am trading with one of my kedge account. If I show you that account size for trading CI500 USDJPY, you will be shocked...LOL. {image} Do you have a Trade Explorer to show us and impress us? LOL.
I like to be shocked.
Normally leads to a wake-up call
  • #83,959
  • Dec 8, 2017 7:26am Dec 8, 2017 7:26am
Quoting Tekkies
The same old story is about to unfold over and over again This has been happening since BigE passed away. Members hi-jacking this thread to promote their own trading methodology. {image}

You mean GilR hijacked this thread and became a Commercial Member.

I wonder what happened back then.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #83,960
  • Dec 8, 2017 7:27am Dec 8, 2017 7:27am
Quoting emmanuel7788
Hey Folks, A few losing trades in any one month will not hurt. Don't tell me you all have 100% win rates every month. Why keep re-posting that TE of my trade plan CI500 in May 2017? One losing trade plan in May 2017 trading one currency pair will not hurt especially when I am trading with one of my kedge account. If I show you that account size for trading CI500 USDJPY, you will be shocked...LOL. {image} Do you have a Trade Explorer to show us and impress us? LOL.
No, no, no. You're the guy who trades equities and shares....which are a roaring success I'm sure. You're the guy who made a roaring success of the Cowabunga system on Babypips. You've been trading for "30 long years" and yet you still have to average down because you can't pinpoint an entry to within 100 pips. And you're the guy, who, after "30 long years" still cuts profits short and lets the losers run.

And you have the audacity to 'teach' people about someone else's system on someone else's thread....


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Doing what you like is Freedom. Liking what you do is Happiness.
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