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Trading Made Simple

  • #84,101
  • Edited 7:18am Dec 11, 2017 7:00am | Edited 7:18am
Quoting emmanuel7788
USDJPY Dec 11 H4 Resistance becomes Support sellers must now be prepared with price moves down to Support and BRN 113.00 what do you folks think? {image}
You mean like this?
Attached Image
  • #84,102
  • Dec 11, 2017 7:02am Dec 11, 2017 7:02am
Quoting emmanuel7788
{quote} the post just one above stated clearly what the s/u candle should be. if not then the same pic below. {image}
I'm confused I thought you entered on the second candle if its the same colour?
Therefore the setup candle has to be the first colour!
This example looks like a classic bounce trade with the green moving away from the red at a 4-6pm angle
  • #84,103
  • Dec 11, 2017 7:10am Dec 11, 2017 7:10am
Quoting adamjhdavis
{quote} I'm confused I thought you entered on the second candle if its the same colour? Therefore the setup candle has to be the first colour! This example looks like a classic bounce trade with the green moving away from the red at a 4-6pm angle

That depends on your own experience and discretion. Most people get this wrong - when to enter and when not to enter.

Big E was a discretionary trader and this is why many traders trying to trade TMS fails to make it.

So, what is the a solution?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #84,104
  • Dec 11, 2017 7:12am Dec 11, 2017 7:12am
Quoting emmanuel7788
{quote} That depends on your own experience and discretion. Most people get this wrong - when to enter and when not to enter. Big E was a discretionary trader and this is why many traders trying to trade TMS fails to make it. So, what is the a solution?
To continue as I have done with a version that works for me.

enter on second candle with green crossing red at 12-2 or 4-6
  • #84,105
  • Dec 11, 2017 7:21am Dec 11, 2017 7:21am
Quoting adamjhdavis
{quote} To continue as I have done with a version that works for me. enter on second candle with green crossing red at 12-2 or 4-6

When you have a version that works for you, then you should know what your EDGE is in your version.

the next step is you need to work on CONSISTENCY in applying your EDGE.

look at your results in the first 3 years, then 3 to 5 years.

it will be very hard work. I know because I have been in this for 30 years, been through every peak and trough.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #84,106
  • Dec 11, 2017 7:25am Dec 11, 2017 7:25am
Traders,

remembering the TO Eric it's really a pity, that in the meantime 50+% of
the posts culminating in worthless forum discussions and requests to
highjackers to open own threads. Unbelievable as well as out of all reason.

josch
trading is war - life is simple
  • #84,107
  • Dec 11, 2017 7:27am Dec 11, 2017 7:27am
Quoting emmanuel7788
{quote} What every trader need is to develop his/her own WINNING EDGE and the TDI is not part of the WINNING EDGE formula.
See, this why people are so upset. You literally took over a derelict thread and are using it to your own means. This is sad.

Now contrast what you said to what Big E said.

Quoting eelfranz
The key to this method is the Traders Dynamic Index indicator for entries and exits.
If you are good at something, never do it for free--Joker
  • #84,108
  • Dec 11, 2017 7:38am Dec 11, 2017 7:38am
95% of traders are losers - Fact or Fiction?

read this thread link:
https://www.forexfactory.com/showthr...16#post9762816

If you have been trading TMS for 2 to 3 years and still not making money, its time to ask yourself why.

Have you been spending-
Too much time is being spent on TDI and Stochastics,
Too little time spent on Price Action and Support/Resistance.
And no time spent on Money Management, Risk Management for entries and exits, When and How to Let Profits Run.
You need to find your WINNING EDGE and the TDI is not in the winning edge equation.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #84,109
  • Dec 11, 2017 7:45am Dec 11, 2017 7:45am
Quoting emmanuel7788
the TDI is not in the winning edge equation.

eelfranz said that the TDI was "key to this method".......how dare you come here and dismantle HIS work in HIS thread?

If you think you can trade better than him, and that the TDI is not part of your alleged 'winning edge'....THEN OPEN YOUR OWN THREAD TO SHOW IT.

Eric gave everything to this thread. HE DIED.......and since then you have done your best to discredit him and dismantle his work on his own thread. I don't know anyone who has done anything lower than you Emmanuel.

A while back you tried to sell to the people here that you are a god fearing man. You're not.....not by a hell of a long way. You disrespect and insult the creator of this system who is no longer with us, and you destroy his thread. I say again... HOW DARE YOU?

Get out of this thread and leave eelfranz alone you spiteful little man
Doing what you like is Freedom. Liking what you do is Happiness.
  • #84,110
  • Dec 11, 2017 7:46am Dec 11, 2017 7:46am
Quoting emmanuel7788
{quote} If you follow me, you can only be as good as I am. To be better then me, you need to do much more than I have done the past many years. I did much more than Big E since he passed away in 2012, now I can claim to be better than him but still cannot achieve his win rate of 70% to 80%. My win rate still below Big E's, can do 65% win rate quite comfortably and making 10% ROI on an average 12 days, Expectancy is above 3. What newbies need to do is to go back to the way Big E started in 2008 and trade with the PAC...
And yet, you will not start your own thread. As RJ said, this is just no good. You ruin a man's legacy for no other reason that the brilliant title attracts newbies like flies. It is not fair to Big E, and it is making you look very bad. If you are really better than Big E, as you have stated, why not show us all?
If you are good at something, never do it for free--Joker
  • #84,111
  • Dec 11, 2017 7:50am Dec 11, 2017 7:50am
Quoting jmn5611
{quote} See, this why people are so upset. You literally took over a derelict thread and are using it to your own means. This is sad. Now contrast what you said to what Big E said. {quote}
I don't know if people are upset, you are the only one saying that and I have never seen you here before...
But if you really understand TDI, you also understand it doesn't work 100% and Emmanuel is trying to get people to improve their success rate by integrating PASR.
  • #84,112
  • Dec 11, 2017 7:54am Dec 11, 2017 7:54am
Quoting darko2010
{quote} I don't know if people are upset, you are the only one saying that and I have never seen you here before... But if you really understand TDI, you also understand it doesn't work 100% and Emmanuel is trying to get people to improve their success rate by integrating PASR.
Then he can do that on his own thread. The OP left a complete system. If another trader has a better system, then he should start his own thread. How would you like it if your friend died and squatters just came along and moved in?
If you are good at something, never do it for free--Joker
  • #84,113
  • Dec 11, 2017 7:57am Dec 11, 2017 7:57am
Quoting jmn5611
{quote} Then he can do that on his own thread. The OP left a complete system. If another trader has a better system, then he should start his own thread. How would you like it if your friend died and squatters just came along and moved in?
Not for me to explain his reasons in his stead but I, for one, wish someone carried my torch once I am done instead of letting my work go into oblivion...
Unless Big E was a friend of yours and that you have a personal matter to settle, I really don't understand your motives
  • #84,114
  • Dec 11, 2017 7:58am Dec 11, 2017 7:58am
Quoting darko2010
{quote} I don't know if people are upset, you are the only one saying that and I have never seen you here before... But if you really understand TDI, you also understand it doesn't work 100% and Emmanuel is trying to get people to improve their success rate by integrating PASR.

Hi darko2010,

Do not mix up PASR which is strat's system.

I am saying what I learned from Post#647, which is Price Action , Support and Resistance, etc.

Attached Image (click to enlarge)
Click to Enlarge Name: Post 647.png Size: 86 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #84,115
  • Dec 11, 2017 7:59am Dec 11, 2017 7:59am
What is a trading system?

Do you agree with this pic below?

If not, then please explain what is your definition of a trading system.
Attached Image (click to enlarge)
Click to Enlarge Name: Components of a Winning System.png Size: 168 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #84,116
  • Dec 11, 2017 8:02am Dec 11, 2017 8:02am
Quoting emmanuel7788
What is a trading system?


You've never created one, so you wouldn't know. You've only destroyed one......
Doing what you like is Freedom. Liking what you do is Happiness.
  • #84,117
  • Dec 11, 2017 8:10am Dec 11, 2017 8:10am
I know that Eric had his WINNING SYSTEM and no one else has been able to replicate his WINING SYSTEM.

we simply do not have his MIND and MONEY MANAGEMENT.

so stop talking crap as though you know.

you never made any money trading this forex market.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #84,118
  • Dec 11, 2017 8:13am Dec 11, 2017 8:13am
Quoting darko2010
{quote} Not for me to explain his reasons in his stead but I, for one, wish someone carried my torch once I am done instead of letting my work go into oblivion... Unless Big E was a friend of yours and that you have a personal matter to settle, I really don't understand your motives
Except he is not carrying the torch. He put out the flame, made a new torch, and is carrying it on a different route. If he were posting TMS charts that would be one thing, and then discussing money management, but the current system is nothing like what Big E envisioned, and older members are upset because this man died and another poster has essentially stolen the thread. He even admits as much.

Quoting emmanuel7788
{quote} Hi, I have my own document for TMS system development. This will not be shared here because it will not help those who have not followed my post for the past 5 years and it will only add to their confusion. I know a few members here do their own system document by taking notes of what being posted in this thread. They write their own notes and understanding of what shared here and they develop their own style of trading.
If you are good at something, never do it for free--Joker
  • #84,119
  • Dec 11, 2017 8:13am Dec 11, 2017 8:13am
NZDUSD Week 50 Dec 11.

With the low market liquidity in the coming weeks , I am not sure if Kiwi will move to 0.7100.

But I will keep my eyes open for any trade opportunity if I am trading.
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSD Week 50 Dec 11.png Size: 59 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #84,120
  • Edited 9:16am Dec 11, 2017 8:15am | Edited 9:16am
Quoting darko2010
{quote} I don't know if people are upset, you are the only one saying that and I have never seen you here before... But if you really understand TDI, you also understand it doesn't work 100% and Emmanuel is trying to get people to improve their success rate by integrating PASR.
That is rich.
Can you show a system / method that is 100%? Is PASR 100%? That is not what a few post back showed. darko how many time did the method to use TDI been changed. There was pinbar, empty space, London break out, head shoulder............ Where is the consistency in this tread. Only one method discussed and used.
You see it in other treads where the OP can enforce it.

Did you read the post#495 - 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..

BigE never promised or said TMS is 100%
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