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Monitor for 'Trading Made Simple' system 565 replies

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Trading Made Simple system follower - Thanks to eelfranz 9 replies

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Trading Made Simple

  • #86,581
  • Edited Apr 16, 2018 4:01am Apr 15, 2018 3:02pm | Edited Apr 16, 2018 4:01am
Quoting J1mm
Im new member in FF and this is basically what happens on almost every post with a strategy in this forum, 2k pages, you read first ones and then you start to follow last replys, then you find everyone trading really different from the initial rules, so you start thinking... Which method is the good one? The new or the old? What should I do? Where are the new rules? Maybe they are just in the middle of 2000posts... And the same happens with Emmanuel posts or other members, you see them trading with more or less same indicators but different apprach,...
We know this because we've all been there. The only thing I can say is if someone is CONSISTENT, there will be EVIDENCE of it. It really is like the wild west out here.

Evidence and Consistency. Two words, one line. Can't simplify it any more than that.
'in less than half an hour he made over 100 ticks'
  • #86,582
  • Apr 15, 2018 7:10pm Apr 15, 2018 7:10pm
Quoting emmanuel7788
{quote} here are trades which I follow the Day candle close and I take the trade any time during the H1. no need to wait for H1 setup and TDI cross. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: Pretoriano post H1 entry.png Size: 306 KB


When you read my posts in reply to other members, you must also read the question asked and also follow the topic in discussion during that week when the topic were being discussed. Someone expect to be spoon-fed that I have to explain all the who, what, when and how when I reply. He has reading comprehension problems.

This post above is an example. I know many people here do not read this thread regularly and they only read the most current posts and gt themselves lost in the maze of thousand of posts. Read that weeks posts in Feb 2017 when the member Pretoriano asked his question above.

When you do read my posts, I have said many times that I trade in established trend if you know what an established trend is. If you try and trade the reversals and make an entry using the candle#1 and #2, you will get caught with more losers than winners. Trade safe and trade in established trend. Learn what Big E talked about each swing is 3 to 8 candles. Do the candle count of every reversal and swings. That is more than 50 percent of the time when market is 'normal'.

Now back to the Feb 14 week, see the D1 charts below - one with normal Japanese candlesticks and the other the APB/HA candles with price bar in background.

Trade the trend of that moment i.e. that week Feb 14. Also look at the previous Weekly 'trend/ direction bias' .

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Feb 14 Candlesticks.png Size: 19 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Feb 14 2017 HA candles.png Size: 19 KB


Key point here is you can trade the D1 chart and find during the 24 hours in that day to place H1 entries but you follow the D1 candle.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #86,583
  • Apr 15, 2018 7:20pm Apr 15, 2018 7:20pm
Now for some entertainment, watch the video till the end. Nothing about trading but some lessons to learn from smart creatures.
Learn how smart animals are when they get caught in a maze created by human being.
See the hard work by that shrew and how smart he was.... adapting to the changing environment. You need to be hungry to succeed.

Inserted Video


BTW, there is a coincidence with youtube channel owner Matthias Wandel' father and our OP Big E which I found out.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #86,584
  • Apr 16, 2018 1:22am Apr 16, 2018 1:22am
Quoting emmanuel7788
BTW, there is a coincidence with youtube channel owner Matthias Wandel' father and our OP Big E which I found out.
Lol. Our OP.. Big E would kick you arse out the thread if he were alive faster than you can blow an account.


Its pure luck for you the thread is unmoderated. Without this promotionplayground you were selling noodles again.
Newbies be warned of emmanuel7788. Hes not true.
  • #86,585
  • Apr 16, 2018 2:01am Apr 16, 2018 2:01am
Quoting eelfranz
If your willing to monitor a 4hr chart... you will see how when green crosses red it arcs or wiggles above or below red (see white boxes on the chart). You can stay the trade until it crosses red and pull down 200-400 pips on the longer runs... {image}
Old post by Big E Post 8449 July 19 2011 to refresh ...

Is this H4 scalping or H4 swing trading?

Attached Image (click to enlarge)
Click to Enlarge Name: Big E post 8449 July 19 2011.png Size: 146 KB


TMS is not just scalping the H4.

Quoting eelfranz
..... I hate to monitor charts anyway. Even if I scalp the market I use 4hr charts with success.... 4hr charts have less noise, less head fakes, less influence by any news. Just has a lot of benefits... ....

even if he scalp he used H4 chart (that in English language)
what about when he was not scalping?
Answer: He was swing trading.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #86,586
  • Apr 16, 2018 3:38am Apr 16, 2018 3:38am
Quoting Malony
{quote} Lol. Our OP.. Big E would kick you arse out the thread if he were alive faster than you can blow an account. Its pure luck for you the thread is unmoderated. Without this promotionplayground you were selling noodles again.
You are a cruel man, but that made me laugh out loud.

Look, at least there are signs of an effort to vary things a little. But the thread needs to help new members by keeping them focused in line with the OP's wishes. We already have one new guy that has openly admitted he doesn't know where to look.

How many more are there?
'in less than half an hour he made over 100 ticks'
  • #86,587
  • Apr 16, 2018 4:07am Apr 16, 2018 4:07am
Quoting onejester
{quote} You are a cruel man, but that made me laugh out loud. Look, at least there are signs of an effort to vary things a little. But the thread needs to help new members by keeping them focused in line with the OP's wishes. We already have one new guy that has openly admitted he doesn't know where to look. How many more are there?
How many?
Let see.
confusion started:2012 (2018-2012) = 6
post's : 86 586
first post in 2012 :14 325 ( 86 586 - 14 325) = 72 261
Posts per year : 72 261/6 = round down 12043

Jester would say about 12 043 members
Member Lists : All Members: 486,267
  • #86,588
  • Apr 16, 2018 7:08pm Apr 16, 2018 7:08pm
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 ...

TRADE MANAGEMENT - EXIT STRATEGY

Here is an example on D1 chart trading.

Which is better and get more pips?

1) Exit all trades when the TDI Green cross Red (down)

or

2) When the APB/HA candle closes in opposite colour.

I have my trailing stops below the previous two D1 price bar low (Note: its price bar low not the APB/HA low)

*** Beware of price CONSOLIDATION as price moves higher.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Week 16 D1 trade management exit.png Size: 54 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #86,589
  • Apr 16, 2018 8:06pm Apr 16, 2018 8:06pm
Hello everyone, I need some help here.

I loaded the template but I found my indicator for TDI chart looks differently. It's lack of yellow and blue line in my TDI indicator chart.

Any ideas how to put them on? Thanks.
  • #86,590
  • Apr 16, 2018 10:51pm Apr 16, 2018 10:51pm
Quoting Desmond89
Hello everyone, I need some help here. I loaded the template but I found my indicator for TDI chart looks differently. It's lack of yellow and blue line in my TDI indicator chart. Any ideas how to put them on? Thanks.
You don't need them
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 !

  • #86,591
  • Apr 16, 2018 10:56pm Apr 16, 2018 10:56pm
Quoting emmanuel7788
{quote} TRADE MANAGEMENT - EXIT STRATEGY Here is an example on D1 chart trading. Which is better and get more pips? 1) Exit all trades when the TDI Green cross Red (down) or 2) When the APB/HA candle closes in opposite colour. I have my trailing stops below the previous two D1 price bar low (Note: its price bar low not the APB/HA low) *** Beware of price CONSOLIDATION as price moves higher. {image}
This always work's out the best. Can re-enter order when required

Exit your trade when the green TDI line goes flat, starts to hook over or makes a check mark reversal.
  • #86,592
  • Apr 17, 2018 4:12am Apr 17, 2018 4:12am
Quoting Desmond89
Hello everyone, I need some help here. I loaded the template but I found my indicator for TDI chart looks differently. It's lack of yellow and blue line in my TDI indicator chart. Any ideas how to put them on? Thanks.

You ask for an idea, right?
So I reply you from what I know reading all of Big E's post in FF.
In one of his early post in December 2009, here below is the link

Post#34 CHS

Big E made changes in the TDI indicator properties... change Yellow to Black or None for no colour.

Many of the TMS traders here have put back the Yellow Market Base Line and make good use of its benefits.
One of the benefit is the 'Golden Cross'... see recent GBPUSD example posted below. I run my screener and look for the Golden Cross in all timeframes actively. When I see a Golden Cross signal alert and if my trade plan had a trade, I will go for it without any hesitation. Its a sure winner.

Attached Image (click to enlarge)
Click to Enlarge Name: TDI Golden Cross.png Size: 56 KB


There are many Golden Cross trade examples which I posted in FF and also in this thread. Use google keyword search "Golden Cross".
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #86,593
  • Apr 17, 2018 4:14am Apr 17, 2018 4:14am
I guess this is a stupid question... (We all would be rich if we could know...)

But is there anything we can do to filter the "False Breaks"? Sometimes I do everything like described in the Strat, check for Trend, near S&R, and then wait for candle to break the 5-MA, TDI clear cross just to find out that what I'm trading is a small pullback and price goes against me.

Kind Regards,
Jimm
Building a Freedom All Time Return: 5,178.8%
  • #86,594
  • Apr 17, 2018 4:21am Apr 17, 2018 4:21am
Quoting eelfranz
E-U Entry training Chart - Examples {image}
Attached Image (click to enlarge)
Click to Enlarge Name: Big E post Aug30 2011 training chart.png Size: 181 KB


This last training chart Big E posted on August 30 2011 shows that he did not use the TDI exit but rely on price action to exit for more pips profits.

Pay attention to details and you will learn when you want to be a better TMS trader.
Look at where the exits (white line) are on his chart and look at the price action.Look at the massive number of pips he wrote on that chart.

make a guess where the TDI Yellow Market Base Line was on that chart.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #86,595
  • Apr 17, 2018 4:25am Apr 17, 2018 4:25am
Quoting J1mm
I guess this is a stupid question... (We all would be rich if we could know...) But is there anything we can do to filter the "False Breaks"? Sometimes I do everything like described in the Strat, check for Trend, near S&R, and then wait for candle to break the 5-MA, TDI clear cross just to find out that what I'm trading is a small pullback and price goes against me. Kind Regards, Jimm

did you had read all of Big E posts here in Forex Factory and taken down some notes on what he mentioned on 'fakey' candles and on trading around news hour.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #86,596
  • Apr 17, 2018 4:34am Apr 17, 2018 4:34am
Quoting emmanuel7788
{quote} did you had read all of Big E posts here in Forex Factory and taken down some notes on what he mentioned on 'fakey' candles and on trading around news hour.
I will spend some time looking at the documents you attached tonight

Thanks Emmanuel.
Building a Freedom All Time Return: 5,178.8%
  • #86,597
  • Apr 17, 2018 4:35am Apr 17, 2018 4:35am
Post your failures on a chart, this is what the forum is all about. The guys will be able to advise you better.
'in less than half an hour he made over 100 ticks'
  • #86,598
  • Apr 17, 2018 4:39am Apr 17, 2018 4:39am
Quoting J1mm
{quote} I will spend some time looking at the documents you attached tonight Thanks Emmanuel.
I would recommend you don't spend too much time reading (it is trading made simple after all), because you will disappear up your own arse (depending on your past experience). There are some really experienced traders on here (more than one) and you will get specific answers to specific questions.
'in less than half an hour he made over 100 ticks'
  • #86,599
  • Apr 17, 2018 4:40am Apr 17, 2018 4:40am
Quoting J1mm
{quote} I will spend some time looking at the documents you attached tonight Thanks Emmanuel.
pay attention to Big E training charts especially those on H4 entries.
there are 6 H4 candles every week which he would not be trading.
one of them is the broker's Sunday candle, and there are 5 more during the week.
know his reason why.
if you have traded the market long enough you will know the reasons.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #86,600
  • Apr 17, 2018 4:55am Apr 17, 2018 4:55am
Haha, yes OneJester I will start contributing in this post with my entries, I will wait until they are closed

Thanks a lot for your time guys, really appreciate
Building a Freedom All Time Return: 5,178.8%
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