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Trading Made Simple

  • #87,421
  • May 26, 2018 8:11am May 26, 2018 8:11am
Quoting Forexcube
May be this could be a help for the TDI & Heikin Ashi http://www.forexmt4.com/_MT4_Systems...mics/TDI_1.pdf

To answer one PM,

Some may need follow that link and read that again.

You will learn why the use of the APB/HA candle is so important to Big E.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,422
  • May 26, 2018 8:30am May 26, 2018 8:30am
Quoting emmanuel7788
{quote} {image} I know that post#53 was written in plain simple English. You have absolutely no clue what Big E was saying in that post#53 in reply to member Trucomallica. Go read from page post#1 to post#53 again. Big E made 463 posts in this thread, you must put all 463 pieces of the puzzle together to see the complete TMS picture. {image}
No clue???????????
Was there any previous question's asked by an member between post#1 and #43 or was Trucomallica the first one to ask.

Post#43
This looks like it will get along with my daily life! Are you using any kind of stop loss or money management??
Post#53
I hate S/l trading. The safest way is to place your S/L at the last hi or low a couple of candles back... I've never had one taken out that way...
Let see:
1. I hate S/l trading.
BigE did not use S/L to trade with because he hated to use them.
Some more post by BigE about S/L: Post#495, 1543, 2236 in this thread.
2. The safest way is to place your S/L at the last hi or low a couple of candles back
- Little bit unclear here because how do you define a couple of candles back.
- So you have to use the "last hi or low" to place S/L
3. I've never had one taken out that way
- He never had a bad trade that went al the way to S/L.

Did I miss anything Emmanual?
-----------
Dam, forgot you are the only one that have complete understanding of all BigE's post's.

Let's see how you understand BigE's post's
- Price Action before TDI cross
Can you post BigE post from this thread where BigE applied Price Action before TDI cross over.
- PAC 5SMMA
Can you post BigE post from this thread where BigE used PAC
-----
Can list more point's, two is enough.

By the way Emmanual:
According to you all indicators are lagging - Right.
HA is an indicator - Right
The Price Action you use is based on HA - Right or Wrong I would not know for you change and swape metodes at will.
Conclusion:
Price Action on a lagging indicator?.
  • #87,423
  • May 26, 2018 9:14am May 26, 2018 9:14am
Quoting Tekkies
{quote} Depends on how you understand this post#53 (underline red) Tru... I hate S/l trading. The safest way is to place your S/L at the last hi or low a couple of candles back... I've never had one taken out that way...


I love how you and emmanuel constantly quote Big E's posts like some sort of Bible scripture, ... with different interpretations on what he said, and get into arguments and stuff...

TMS has become a religion
  • #87,424
  • May 26, 2018 9:17am May 26, 2018 9:17am
Well, I am glad my first involvement in FX trading started with TMS when I was doing my research. Too bad BigE has already passed away that time.
Been reading his old thread over and over and somehow contented with the additional confirmation of Mxxdhi using stochastic.

The rest is just consistency and discipline.

Again, thank you for holding this thread after BigE passed away despite all the trolls in the forum (I'm a fan )

Quoting emmanuel7788
{quote} there were a few such surefire forex trading system sold online in those years from 2005 to 2009. I bought one sold by a father and son marketing team. Good package, many video CDs came along with a 6 volumes of trading manual, and one year help desk support. That was fun 12 months learning to trade with 10 minutes Japanese candles. It was intensive price action scalping using Japanese candlesticks, with 5EMA , 40SMA and ADX and ATR.
Full Time Funded Trader. Occasionally drop by FF. Expect a delay in reply.
  • #87,425
  • May 26, 2018 11:00am May 26, 2018 11:00am
Quoting kain775
{quote} I love how you and emmanuel constantly quote Big E's posts like some sort of Bible scripture, ... with different interpretations on what he said, and get into arguments and stuff... TMS has become a religion
Kain
Not a religion, only one of many method's that can be used to trade with.

BigE is not around to explain what is meant in some of his post's. Beside the "I hate S/l trading" reading Post#495, 1543, 2236 does raise questions to whether did he use S/L or not.

What is your option about BigE and S/L?
  • #87,426
  • May 26, 2018 1:20pm May 26, 2018 1:20pm
Quoting Tekkies
{quote} Kain Not a religion, only one of many method's that can be used to trade with. BigE is not around to explain what is meant in some of his post's. Beside the "I hate S/l trading" reading Post#495, 1543, 2236 does raise questions to whether did he use S/L or not. What is your option about BigE and S/L?

From what I understand about Big E is that he would pull a trade if it retraced 15-20 pips ...and get back in if another opportunity presented itself and that any physical stop loss used was more of an emergency measure and that price should not actually get there at all

It is hard to say if he used a physical stop loss because i can not remember seeing any live charts posted by him

I only see evidence that he used a visual stop loss,

The "I hate S/l trading" implies to me that he either didn't use physical stop loss or did so quite rarely
  • #87,427
  • May 26, 2018 2:28pm May 26, 2018 2:28pm
Quoting kain775
{quote} From what I understand about Big E is that he would pull a trade if it retraced 15-20 pips ...and get back in if another opportunity presented itself and that any physical stop loss used was more of an emergency measure and that price should not actually get there at all It is hard to say if he used a physical stop loss because i can not remember seeing any live charts posted by him I only see evidence that he used a visual stop loss, The "I hate S/l trading" implies to me that he either didn't use physical stop loss or did so quite rarely...
Agree with you Kain.
  • #87,428
  • May 26, 2018 6:21pm May 26, 2018 6:21pm
About SL, i think big E had a tendency to get out of the trades he did not '' like ''.
He said that he would get out of '' 1 Hour Trades '' if they go around ( -12 & -15 ) Pips,
And he would get out of the 4 Hour trades in the next 4 hours if he doesnt like the price action, ( i'm guessing that would mean the price action didint really go in his favor, and made only few pips ) OR he would kill all his 4 Hour trades at 6 AM pacific.
  • #87,429
  • May 26, 2018 7:24pm May 26, 2018 7:24pm
Quoting xShape
About SL, i think big E had a tendency to get out of the trades he did not '' like ''. He said that he would get out of '' 1 Hour Trades '' if they go around ( -12 & -15 ) Pips, And he would get out of the 4 Hour trades in the next 4 hours if he doesnt like the price action, ( i'm guessing that would mean the price action didint really go in his favor, and made only few pips ) OR he would kill all his 4 Hour trades at 6 AM pacific.
xShape
That is from post#495 and you are also right.
In post#1543 ................
When I trade at 10PM at night on my NEW 4hr candle...
I place my S/L at the previous Hi or Lo and go to bed... checking it again at 2am... and again at 6AM when I close all 4hr trades...
In post #2236.................
I put my S/L at the previous swing hi or low

In one post BigE hate S/L and in all post's S/L is implemented when it is bed time. To me it means you are not forced to use S/L with TMS. Your choice.

So heispark must explain why he see S/L as part of BigE's method. Nowhere did BigE instructed that S/L must be used with TMS. BigE only gave advice.
It is not part of post#647 or post#6 or post#123
  • #87,430
  • May 26, 2018 7:35pm May 26, 2018 7:35pm
Quoting eelfranz
Those wanting more examples go to Forum: Commercial, then Craig Harris Stochastics Method... then start reading on page 246, post 3676 to the end... you will learn more fast... We switched from there to only discuss this method in the new forum...
<Those wanting more examples go to Forum: Commercial, then Craig Harris Stochastics Method... then start reading on page 246, post 3676 to the end... you will learn more fast... We switched from there to only discuss this method in the new forum...>
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,431
  • May 26, 2018 8:13pm May 26, 2018 8:13pm
Quoting Tekkies
{quote} So heispark must explain why he see S/L as part of BigE's method. Nowhere did BigE instructed that S/L must be used with TMS. BigE only gave advice. It is not part of post#647 or post#6 or post#123
Hi, Tekkies
I think if your entry TF is 1H, SL TF also should be based on 1H. Dialing up TF to delay hitting SL could spell disaster. In hindsight, it came back, but it could move up much higher considering the major support level. No one knows. Considering the potential profit target, its RR looks also poor. Although I don't read Eric's postings religiously like a bible, I don't remember he allowed such a huge DD (I heard he used a high leverage, 3 lots per trade). Old gurus including Phx62, Lastingwell, Snarlyjack, Likika,.. etc didn't trade like that as far as I remember. Anyway, if it works to you, that's good to you.
Thanks,
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #87,432
  • May 26, 2018 11:54pm May 26, 2018 11:54pm
Quoting eelfranz
Don't forget to ------ {image}

Attached Image (click to enlarge)
Click to Enlarge Name: Big E dont forget to put stop loss.png Size: 737 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,433
  • May 27, 2018 12:03am May 27, 2018 12:03am
It's weekend time so we can all do some homework while the market is closed.

<quote>

If before making a trade... say on the 4 hr. chart... and you check quick the 1 hr. chart... if your going long on the 4 hr. and the 1 hr. is hooking over to go short... you have to realize you may have a pause in PA or possible small pullback coming on your 4 hr. chart... if the 1 & 4 hr are heading the same direction then you have momentum going for you.

Please take some time each day to study old charts with the TDI. Look at successful set ups on PA and then look at the TDI to train your eye. What is one doing in relation to the other. You'll learn to spot trades...

You can scalp on all time frames but to kill boredom most who scalp trade the 1 & 5 min. charts. The 1 min. is very fast and can skin you alive until you get use to it. Demo trade until you get a feel for it. 5 method works there too.

<unquote>
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,434
  • May 27, 2018 12:13am May 27, 2018 12:13am
Quoting xShape
About SL, i think big E had a tendency to get out of the trades he did not '' like ''. He said that he would get out of '' 1 Hour Trades '' if they go around ( -12 & -15 ) Pips, And he would get out of the 4 Hour trades in the next 4 hours if he doesnt like the price action, ( i'm guessing that would mean the price action didint really go in his favor, and made only few pips ) OR he would kill all his 4 Hour trades at 6 AM pacific.

there are discretionary rules and there are many mechanical rules.
the former are impossible for any newbie to follow and execute.
most newbies start by following mechanical rules.

aggressive entry with reversal candle#1 and #2, with conservative exits using TDI flat, hook back, check mark.

what about trading with conservative entries but using aggressive exits? This works too.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,435
  • May 27, 2018 12:24am May 27, 2018 12:24am
Quoting eelfranz
Training Chart - example only Look at the last short... The first red candle doesn't count... it's a nothin'... barely a speck... On my FXDD Charts the second candle is the entry candle barely... The TDI is at a 4 o'clock angle...on the next candle the TDI green line drops to a 5 o'clock angle.... TDI looks good with Stochs confirming... Flashing light, flashing light.... look at the wick pullback on the big candle !!!!! wow... I'm expecting a short lived trade... next candle is at the bottom of the TDI check mark with another candle pullback... time to exit... last two candle bottoms are about the same... exit, exit, exit ! Look to the left (2 blue boxes) that's what is stopping the downward movement... and the last candle starts up. Take time to learn to read your candles and what their trying to shout at you as well as your TDI signals... This is all BASIC FX things you need to know and recgonize... {image}

Attached Image (click to enlarge)
Click to Enlarge Name: Training chart post 701.png Size: 151 KB

Study this post above and pay attention to the smallest (minute)details on the training chart attached.

... read the candles
... what did the price do that caused the TDI to make the check mark?
that TDI is the one in Post#25 that paint only after the last price bar closed.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,436
  • May 27, 2018 2:16am May 27, 2018 2:16am
Quoting emmanuel7788
{quote} <Those wanting more examples go to Forum: Commercial, then Craig Harris Stochastics Method... then start reading on page 246, post 3676 to the end... you will learn more fast... We switched from there to only discuss this method in the new forum...>
.
emmanuel
How about some answer's on this.

Let's see how you understand BigE's post's
- Price Action before TDI cross
Can you post BigE post from this thread where BigE applied Price Action before TDI cross over.
- PAC 5SMMA
Can you post BigE post from this thread where BigE used PAC
  • #87,437
  • May 27, 2018 2:19am May 27, 2018 2:19am
Quoting emmanuel7788
{quote} {image} Study this post above and pay attention to the smallest (minute)details on the training chart attached. ... read the candles ... what did the price do that caused the TDI to make the check mark? that TDI is the one in Post#25 that paint only after the last price bar closed.



price made an bearish engulfing bar?
  • #87,438
  • May 27, 2018 2:41am May 27, 2018 2:41am
Quoting heispark
{quote} Hi, Tekkies I think if your entry TF is 1H, SL TF also should be based on 1H. Dialing up TF to delay hitting SL could spell disaster. In hindsight, it came back, but it could move up much higher considering the major support level. No one knows. Considering the potential profit target, its RR looks also poor. Although I don't read Eric's postings religiously like a bible, I don't remember he allowed such a huge DD (I heard he used a high leverage, 3 lots per trade). Old gurus including Phx62, Lastingwell, Snarlyjack, Likika,.. etc didn't...
Hi
Not going to reinvent the wheel this post is more or less how I see S/L Post 7
ZAR R0.10 lot size with a leverage of 1:200 must go many pips wrong to reach margin call on account.
  • #87,439
  • May 27, 2018 2:53am May 27, 2018 2:53am
Quoting emmanuel7788
It's weekend time so we can all do some homework while the market is closed. <quote> If before making a trade... say on the 4 hr. chart... and you check quick the 1 hr. chart... if your going long on the 4 hr. and the 1 hr. is hooking over to go short... you have to realize you may have a pause in PA or possible small pullback coming on your 4 hr. chart... if the 1 & 4 hr are heading the same direction then you have momentum going for you. Please take some time each day to study old charts with the TDI. Look at successful set ups on PA and then...
You really like to contradict yourself
Attached Image (click to enlarge)
Click to Enlarge Name: trysgh.PNG Size: 8 KB

Nice try
Craig Harris Stochastics Method Post 3,689
  • #87,440
  • May 27, 2018 3:03am May 27, 2018 3:03am
Quoting Tekkies
{quote} You really like to contradict yourself {image} Nice try Craig Harris Stochastics Method Post 3,689

@Tekkies,

You do have a serious problem reading and understanding the English language. There is no contradiction. The 5-Method was one of several methods discussed on that old thread. That old thread started with another title "GBPUSD M15..." but was changed to Craig Harris Stochastic Method by FF Admin because Big E was talking about Craig Harris trading system most of the time back then.

Remember the two words 'Divergence' and 'divergence' may be the same word but are different and how you confused with Post#5.

No wonder that you misunderstood most of Big E's post written in English.

Go start read from Post#1 up to Post#12,912. If you not understand the language, you can alwasy ask and post your questions with a chart to that other members can help you.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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