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Trading Made Simple

  • #84,821
  • Dec 28, 2017 4:15pm Dec 28, 2017 4:15pm
Quoting ekoooy
{quote} You took an entry here at 0400? If yes, why? your s/u candle (0000) has not cross yet based on TDI THanks {image}

Big E original rule for s/u candle is that the candle must close below the 5EMA, Typical Price, Shift+3 for sell setup .
and that must be confirmed with the TDI - good angle or slope 4-6 clock face, Green crossed Red, or Green bounce Red.


when I see H4 consolidation with that Mother Bar and H4 Inside Bar, I drop down to H1 and look for the next best entry from weekly resistance.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #84,822
  • Edited 5:29pm Dec 28, 2017 5:11pm | Edited 5:29pm
Quoting Joseph95
{quote} Rick why are you posting different chart from the original one? I'm a bit confused, i knew BigE would see only charts like the original one. (I'm not ironic/provocatory... i just want to understand why post different entries and logics when he told to don't do it)
Hi Joseph95

I'm surprised your only the first trader to start asking me this issue, at least your nice about it.

Let me tell you a story about a trader called JanCeulemans.
He starting posting here in TMS around a year ago. He was so excited in his first couple of weeks trading with TMS. He must of had a couple of great first weeks and in his words, Iv'e finally found a forex system that works for me. You could even almost feel his excitement in his posts. Then in a post in January he disclosed he had a bad loss, but never mind, he said it was just his silly mistake. Then in his next post, I could sense his doubts about trading TMS because he said he was really struggling to get his entry's correct.
Within a couple more weeks he was gone. He when to the PZ day trading indicator forum then quit totally as far as I know. Sad really.

Another trader destroyed by TMS.

This story repeats itself time & time & time again.

I believe the TMS system has two major flaws.

1.. Unless you have great command of price action movement, you can't trade like Big E
2.. Unless you enjoy trading with high risk and trading against major trends, you won't take the trades like Big E did.

Bottom line is we are not Big E or never will be. Our personally's are different, we trade with different risk tolerance and see Price Action movement different.
This is what makes us humans unique. Therefore we need to make changes to suit ourselves and our trading beliefs.

I failed when I tried to trade like Big E. So has many other traders. But I have found a way to make money using some of Big E's methods but only in my way.
My charts are therefore a bit different.

What I have found is a way to increase by winning trades from around 62% up to around 85%.
I found a way to trade with Big E's original TDI and actually make a lot more money than I thought it was ever possible. I developed the Kings Candle & Kings Box strategy because I believed I had finally found something valuable I could trade with. Now I can now say it has given me that elusive " Trading Edge ".
If I can share some of my ideas and here and maybe make a few other traders a lot more money, what is wrong with that.
Hell, I may even need that wheel barrow shorty for me and my buddies.

Lastly, this forum would have died within a year after Big E's passing if the likes of Emmanuel didn't attempt to show some traders another approach to TMS that may actually work for the mass of traders here. Please realise there is only around 30 regular posters on this forum posting some charts, where are the thousands of other Forex factory Traders ?
Trading thin liquidity at the boundary of the charts
  • #84,823
  • Dec 28, 2017 5:56pm Dec 28, 2017 5:56pm
USDCAD Week 52

we see WCC trading in the range and now the breakout ...

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Weekly week 51 Dec29.png Size: 34 KB


see H4 below, there was no buying this week.

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD H4 chart.png Size: 31 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #84,824
  • Dec 28, 2017 6:02pm Dec 28, 2017 6:02pm
Quoting emmanuel7788
USDCAD Week 52 we see WCC trading in the range and now the breakout ... {image} see H4 below, there was no buying this week. {image}
Hi Emm, whats the name of the inside bar indicator please? Or a link would be even more helpful.

Many thanks,
bunne
  • #84,825
  • Dec 28, 2017 6:07pm Dec 28, 2017 6:07pm
Quoting bunne
{quote} Hi Emm, whats the name of the inside bar indicator please? Or a link would be even more helpful. Many thanks, bunne
Hi bunne,

that USDCAD chart did not use any Inside Bar indicator.
I draw those WCC and WRB manually using drop_on_chart scripts.

If you want an Inside Bar indicator,

its in this old post:

https://www.forexfactory.com/showthr...20#post7802220
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #84,826
  • Dec 28, 2017 6:10pm Dec 28, 2017 6:10pm
Quoting RickM
{quote} Hi Joseph95 I'm surprised your only the first trader to start asking me this issue, at least your nice about it. Let me tell you a story about a trader called JanCeulemans. He starting posting here in TMS around a year ago. He was so excited in his first couple of weeks trading with TMS. He must of had a couple of great first weeks and in his words, Iv'e finally found a forex system that works for me. You could even almost feel his excitement in his posts. Then in a post in January he disclosed he had a bad loss, but never mind, he said...

Thank you <3
  • #84,827
  • Edited 6:21pm Dec 28, 2017 6:11pm | Edited 6:21pm
Quoting nigpig
{quote} Emm, is your VLine tool appearing using simple rules such as, 1) HA colour change on last candle(1), 2)after a smaller range candle(2)? Or is it more complex?

have you heard off neural networks? complex stuff.

just pick the last 200 ha candle as s/u candles and filter its quality, then report the % of win / loss.

do you want to go there?

nothing to do with TMS.

Inserted Video
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #84,828
  • Dec 28, 2017 7:54pm Dec 28, 2017 7:54pm
Quoting emmanuel7788
{quote} have you heard off neural networks? complex stuff. just pick the last 200 ha candle as s/u candles and filter its quality, then report the % of win / loss. do you want to go there? nothing to do with TMS. https://www.youtube.com/watch?v=aircAruvnKk

Certainly machine learning and neural networks research is on the rise. Right from self driving cars to robot vacuums. Definitely, it would be the next thing in trading as well.
  • #84,829
  • Dec 28, 2017 8:05pm Dec 28, 2017 8:05pm
Quoting emmanuel7788
USDCAD Week 52 we see WCC trading in the range and now the breakout ... {image}
Hi emmanuel7788,

Is it ok to open a USDCAD sell order here?
Videsha Mudal Welenda
  • #84,830
  • Dec 28, 2017 8:07pm Dec 28, 2017 8:07pm
Late Merry Christmas Wishes to the TMS Family.

Amazing, the never ending fight is still going on? Are you guys not getting tired of it?
After so many years everyone should get that everyone in this thread, in fact, in any thread can do what he/she wants, kind of.

Most of the people, me include dont like the Emmanuel is adding all his stuff, can I/ we do against that anything? no we can't.
Instead with every fight, this thread is getting ruined more and more..

How on earth new member could see the deep value in this strategy?

My conclusion - if you don't like what you read, ignore it - do not trash the thread more...

Some thoughts for 2018 - you struggle with the lower time-frames? even the H1 or 4H - take a look at the Daily Chart.

The TDI is a powerful tool, you just need to learn how to work with it.

Merry Christmas - Happy New Year
Attached Image
  • #84,831
  • Dec 28, 2017 8:44pm Dec 28, 2017 8:44pm
Hello.. anyone have the link for me to download the TDI indicator please.
  • #84,832
  • Dec 28, 2017 8:54pm Dec 28, 2017 8:54pm
Quoting Gedek
Hello.. anyone have the link for me to download the TDI indicator please.
download link:
https://www.forexfactory.com/showthr...81#post4546281

then:
https://www.forexfactory.com/showthr...82#post4589182

https://www.forexfactory.com/showthr...44#post4772544

Good luck.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #84,833
  • Dec 28, 2017 8:55pm Dec 28, 2017 8:55pm
Quoting Gedek
Hello.. anyone have the link for me to download the TDI indicator please.
This Forum has a very nice search option, but cause we just had Christmas, here you go

for MT5
https://www.forexfactory.com/showthr...9#post10448039

for MT4
https://www.forexfactory.com/showthr...42#post9758442
  • #84,834
  • Dec 28, 2017 9:08pm Dec 28, 2017 9:08pm
Thanks you so much emmanuel7788 and Fame of me . GBU
  • #84,835
  • Dec 28, 2017 10:46pm Dec 28, 2017 10:46pm
Quoting emmanuel7788
USDCAD Week 52 we see WCC trading in the range and now the breakout ... {image} see H4 below, there was no buying this week. {image}
Thanks for showing us the WCC Setup Emmanuel

The Weekly Control Candles allows me time to plan for a big move over the coming days and weeks. I couldn't trade the MEME Strategy without it.
If we are trading the H4 Chart, we have the luxury of searching for setups and getting in early.

USDCAD

This was a trade I mentioned last night where I had opened this position after my Kings box setup. The TDI was steady with the Green line moving away from the Red.
On breakout, the Loonie had strong momentum and strangely enough, had a normal Average Daily Range for this time of year. For me that meant alarms bells were ringing. Could this mean a change in direction was due. The TDI was telling me to get out quick when the small master bar appeared. The price action however was suggesting I should stay in trade so that was the correct cause of action.

I have since closed this trade for trade management reasons and just opened a new position. So far this has been a 100 pip move with my target set for 1.246.

I believe that the TDI and EMA averages can show us a pathway to follow, but only price action movement can validate that the pathway is safe to follow.
Attached Image (click to enlarge)
Click to Enlarge Name: uc 14.png Size: 388 KB
Trading thin liquidity at the boundary of the charts
  • #84,836
  • Dec 29, 2017 12:49am Dec 29, 2017 12:49am
Quoting traderji28
{quote} Certainly machine learning and neural networks research is on the rise. Right from self driving cars to robot vacuums. Definitely, it would be the next thing in trading as well.

just do a search in Forex Factory and you will find a few threads and discussions.

Attached Image (click to enlarge)
Click to Enlarge Name: FF search neural networks.png Size: 57 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #84,837
  • Edited 2:25am Dec 29, 2017 1:50am | Edited 2:25am
Quoting Fame of me
Late Merry Christmas Wishes to the TMS Family. Amazing, the never ending fight is still going on? Are you guys not getting tired of it? After so many years everyone should get that everyone in this thread, in fact, in any thread can do what he/she wants, kind of. Most of the people, me include dont like the Emmanuel is adding all his stuff, can I/ we do against that anything? no we can't. Instead with every fight, this thread is getting ruined more and more.. How on earth new member could see the deep value in this strategy? My conclusion - if you...
Are you guys not getting tired of it?
I am.
Look at the last few post, can only ask why?
Expert's
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KingBar
edit: Why could RickM not do what Medhi did? For what it matter's Emmanuel.
Attached Image (click to enlarge)
Click to Enlarge Name: assss.PNG Size: 4 KB

The TDI is a powerful tool, you just need to learn how to work with it.
Attached Image

Attached Image
  • #84,839
  • Dec 29, 2017 3:17am Dec 29, 2017 3:17am
Ok it took a while but at least it fired up a little bit. The position was taken yesterday.
GBPAUD
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 93 KB

And my re-enter of GBPCAD, yesterday the PA just not turned as expected, but this level is nice to buy on my vision.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 90 KB

Another position from yesterday, oh how patient I am but I follow the red line on EURAUD, but also take care the Euro is showing some weakness
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 95 KB


Well, better maybe watch some movie, 2017 almost last trades
" Accepting losses is the most important single investment devise "
  • #84,840
  • Dec 29, 2017 3:28am Dec 29, 2017 3:28am
Quoting freedom48
Ok it took a while but at least it fired up a little bit. The position was taken yesterday. GBPAUD{image} And my re-enter of GBPCAD, yesterday the PA just not turned as expected, but this level is nice to buy on my vision.{image} Another position from yesterday, oh how patient I am but I follow the red line on EURAUD, but also take care the Euro is showing some weakness{image} Well, better maybe watch some movie, 2017 almost last trades

can be our year end bonus trades today,
USD weaker GBPUSD pushes higher,
this can help GBP crosses.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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