Trading Made Simple | Page 4387 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Monitor for 'Trading Made Simple' system 565 replies

Trading Made Simple the right way, and other trading lessons 334 replies

Indicators for the 'Trading Made Simple' system 343 replies

MTF Indicators for the 'Trading Made Simple' system 241 replies

Trading Made Simple system follower - Thanks to eelfranz 9 replies

Attachments: Trading Made Simple
Exit Attachments

Trading Made Simple

  • #87,721
  • Jun 12, 2018 8:09pm Jun 12, 2018 8:09pm
Quoting emmanuel7788
Price Extreme Swing Points can you identify the price extreme swing points? if you do, than looking for set-ups to trade will be easy when you look first at the price action then look at the price momentum using the TDI. And this AUDUSD chart below, notice how the !SM_ADR Marker has moved the lower ADR for today' trading. Just a few tips and tricks I learned from from experienced traders over many years here in this thread. {image}

AUDUSD Jun 13 new day and new ADR High Low. Note the ADr High Low is based on the Day Open and it will change when there is swing high or swing low later today.

TMS trader will sell and use stop loss.

AU will make new extreme low until it 'reverses'.... if you are the type of trader who loves to buy low, you must then buy lower as it make new lows....until it turns around and make hundreds of pips.
How to avoid margin call?

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD H1 Jun 13 new day new ADR.png Size: 68 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,722
  • Jun 12, 2018 8:47pm Jun 12, 2018 8:47pm
Quoting DiamondMiner
Emmanuel, I appreciate what your trying to do in making traders better traders, it's all about financial independence, eh? As to the disagreements among members, I don't care for it but only hope it will cease as I think the originator of this thread didn't like nor did he tolerate it. That being said, I am here to learn toward successful trading. Looking forward to reading all your future posts. Respectfully

I don't have any problem with disagreements and to have robust discussions here. What I like to see is more discussions with other members who are actively trading and have trades to share and discuss objectively and with proven long term results.

But I would not like to see someone like Tekkies come to a dead OP's thread and muck around to mislead others with such kind of post using 'cut-and paste' to con others into believing that trading is simple and just by 'using Big E posts' will give you ridiculous win rates in short time.

Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies post 87689 win rates.png Size: 294 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,723
  • Jun 12, 2018 8:54pm Jun 12, 2018 8:54pm
Quoting Tekkies
{quote} How many times have you told me to read from post#1? Come emmanuel you need to pay attention to detail. (Do a search on wheelbarrow.) {image}
Folks,


I know that wheelbarrow joke and that won't happen in retail forex.
Do not take that wheelbarrow literally.

You want to make money, there are other better ways and you must work very hard with your day jobs and make your hard-earned money work even harder for you.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,724
  • Jun 13, 2018 12:24am Jun 13, 2018 12:24am
Does one get some VIP status having lots of posts to your name?
Seems like that judging the rate this tekkies guy reply to this thread.
I know these type of con artists….we from the same Country.
I know all the successful FX traders in my Country and he is not one of them.
Even his handle failed a spellcheck.
PLEASE CAN WE IGNORE THIS tekkies SO WE CAN LEARN.
  • #87,725
  • Jun 13, 2018 2:08am Jun 13, 2018 2:08am
Quoting emmanuel7788
{quote} @Tekkies, here is your post screen shot where you mentioned TMS and Pivots. I did not say you in this thread. You con-artist joker. You wrote:"...Of all new methods introduce over the last few years in the TMS thread Pivot point's or any mention / discussion about them never happened. Wonder why?" Pivots were discussed and share years ago here in this thread and also in the other two TMS threads by X-Man and LE1. Go and read and learn something how TMS traders use pivots. {image}
"Never asked a question about pivot's in this thread emmanual. If so please post a link to that post."
Post a picture from a other thread? Try and find one in this thread emmanuel.
Why did you not posted your link's in that thread where you found that post Emmanuel?

This should be removed because it is misleading. Only now after +- 3 years, 16/7 houer's per week learning, trying, failing TMS is only starting to make sense
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

Attention to detail emmanuel and please add the third chart to Post 87,722
Attached Image
  • #87,726
  • Jun 13, 2018 2:33am Jun 13, 2018 2:33am
Quoting Tekkies
{quote} Have asked the same question many times. Two penny option: Post#647 and Post#276 should be combined. --- This should be removed because it is misleading. Only now after +- 3 years, 16/7 houer's per week learning, trying, failing TMS is only starting to make sense 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. Otherwise I don't see that TMS can get / made / better. a Member just has to put the time /...
BigE mentioned in:
post#11:
4hr charts have less noise, less head fakes, less influence by any news.
post#779:
News... hummm... It can have a big effect on the 5/15/30 minute charts and 1 hour too at certain
times. While trading the 4hr charts I don't pay much attention to it UNLESS IT'S a MAJOR news
release... If it's major (red on FF Calendar) I'll wait until after the news release and the market
calms down.

Missed the news. Twice GBPUSD had red news. Twice it spiked up. Twice it moved down again. a Very strong support level is also holding GBPUSD back from moveing down.
Attached Image (click to enlarge)
Click to Enlarge Name: moeny.PNG Size: 41 KB
  • #87,727
  • Jun 13, 2018 4:12am Jun 13, 2018 4:12am
Quoting DIYmike
Does one get some VIP status having lots of posts to your name? Seems like that judging the rate this tekkies guy reply to this thread. I know these type of con artists….we from the same Country. I know all the successful FX traders in my Country and he is not one of them. Even his handle failed a spellcheck. PLEASE CAN WE IGNORE THIS tekkies SO WE CAN LEARN.
the cautious seldom err....C
  • #87,728
  • Jun 13, 2018 4:32am Jun 13, 2018 4:32am
Great entertainment though!)

The problem with this thread and method is that everyone believes wrongly that it was profitable in some form or other from the outset. It wasn't.

Crossover entries, are not a profitable approach. They never were and they never will be.
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
  • #87,729
  • Jun 13, 2018 5:27am Jun 13, 2018 5:27am
Quoting DIYmike
Does one get some VIP status having lots of posts to your name? Seems like that judging the rate this tekkies guy reply to this thread. I know these type of con artists….we from the same Country. I know all the successful FX traders in my Country and he is not one of them. Even his handle failed a spellcheck. PLEASE CAN WE IGNORE THIS tekkies SO WE CAN LEARN.
You should use the ignore options
Anyway try and use Post#647 and Post#276

Quoting The Cableguy
Great entertainment though!) The problem with this thread and method is that everyone believes wrongly that it was profitable in some form or other from the outset. It wasn't. Crossover entries, are not a profitable approach. They never were and they never will be.
Cable now that will depend on how you use TMS
Attached Image
  • #87,730
  • Jun 13, 2018 7:05am Jun 13, 2018 7:05am
GBPUSD Jun 13 London session

There was no buy trade set up with basic TMS 5-Method after Frankfurt Open.

Note the ADR Market has adjusted to lower from the Day Open

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Jun 13 H1 chart iSM ADR Marker.png Size: 69 KB


Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Jun 13 H1 London session.png Size: 75 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,731
  • Jun 13, 2018 7:17am Jun 13, 2018 7:17am
EURUSD Weej 24 Jun 10to15

The Weekly downtrend has ended with last Week candle close. Still too early to say if the Market Type has changed to narrow range, we must wait and see how this week Friday will close to confirm this.
The Weekly 3 bar reversal is not very convincing as the Week 23 Close was not higher than the High of Week 21, otherwise I would take any H4 buy trade setup .

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Week 24 Jun 10 to 15 BPP Jun 13 NYO.png Size: 72 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,732
  • Jun 13, 2018 7:22am Jun 13, 2018 7:22am
OFF TOPIC

World Cup 2026 will be US,Canada and Mexico....

will be more expensive to fly from city to city to follow my favourite teams.

Sorry for my Spain team fans and I am disappointed that their FA fired their coach today 2 days before the ....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,733
  • Jun 13, 2018 7:28am Jun 13, 2018 7:28am
AUDNZD Week 24

Those of you who sold the last 2 weeks, your PATIENCE has paid off ...

we shall see how much farther low it will go to.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD Week 24 BPP.png Size: 61 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,734
  • Jun 13, 2018 7:37am Jun 13, 2018 7:37am
Quoting emmanuel7788
Price Extreme Swing Points can you identify the price extreme swing points? if you do, than looking for set-ups to trade will be easy when you look first at the price action then look at the price momentum using the TDI. And this AUDUSD chart below, notice how the !SM_ADR Marker has moved the lower ADR for today' trading. Just a few tips and tricks I learned from from experienced traders over many years here in this thread. {image}

AUDUSD H1 Jun 13

After making an Extreme Swing Low, it reverses and then a pull back, and we have a nice setup BUEB/BUOB.

If you want to pick low and buy, you must wait for a valid price action setup.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD H1 Jun 13 extreme low swing.png Size: 73 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,735
  • Jun 13, 2018 7:53am Jun 13, 2018 7:53am
Quoting emmanuel7788
GBPUSD Jun 13 London session There was no buy trade set up with basic TMS 5-Method after Frankfurt Open. Note the ADR Market has adjusted to lower from the Day Open {image} {image}
- Buy order on top of a major support.
- Two long wicks show buyers are strong.
- Previous candles all pulled back from support
- Look at D1, W1 and MN what happened at that level
- Green angle above 1
- Stoch up
Edit: Red news for USD is positive.
Previous order S/L got hit. This one is second order. S/L is already protecting profit
Let see what happens.
Attached Image (click to enlarge)
Click to Enlarge Name: happens.PNG Size: 31 KB
  • #87,736
  • Jun 13, 2018 3:34pm Jun 13, 2018 3:34pm
Quoting Bom-Bom
Eelfranz...from all your training charts which are posted just now, so for EU, AU, and GU we won't push to buy since the green TDI has gone away above 68? But for USD/JPY and USD/CHF are safe to Sell? if so, then I'm correct on the track,,because just now I did not take action on EU, AU, and GU since the Blue Candles has been there more than number #3

Big E is mentioning here not to take the trade cause 4th candle is pulling back and tdi,which makes sense,however, arent you suppose to take the trade from the first or second candle? the second candle closes under 5ema and tdi is looking good,so at this point in time woulnt that look like a good sell trade?
  • #87,737
  • Jun 13, 2018 6:29pm Jun 13, 2018 6:29pm
Good Evening Everyone. I'm new to Forex Factory, found this thread the other day and have been reading from the beginning. I'm on page 50....long way to go! Getting ready to demo it during the London session. Looking forward to getting to know new traders!

Thanks
  • #87,738
  • Jun 13, 2018 7:41pm Jun 13, 2018 7:41pm
Quoting The Cableguy
Great entertainment though!) The problem with this thread and method is that everyone believes wrongly that it was profitable in some form or other from the outset. It wasn't. Crossover entries, are not a profitable approach. They never were and they never will be.
How do you know? Perhaps that should be your personal opinion only......
I see Elliott Wave is a voodoo science, but perhaps that should be my personal opinion as well.

I call Elliott Wave a voodoo science because of my inability to make profit from it.
You call crossover entry or TMS a voodoo science because of your inability to make profit from it.
Deal?
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #87,739
  • Jun 13, 2018 9:14pm Jun 13, 2018 9:14pm
Quoting nancyS
Good Evening Everyone. I'm new to Forex Factory, found this thread the other day and have been reading from the beginning. I'm on page 50....long way to go! Getting ready to demo it during the London session. Looking forward to getting to know new traders! Thanks

Attached Image


Learning to trade Trading Made Simple requires more than just time and patience.
It is finding each piece of the 10,000 pieces puzzle and putting them together making sure they fit nicely to form the complete picture.
Every one of the OP Big E's 463 posts in this thread is just one piece of the puzzle.

Now for learning exercise, go back and read two posts -

Post#303 and the two charts posted by the member Bom Bom.
https://www.forexfactory.com/showthr...14#post4576314

Attached Image (click to enlarge)
Click to Enlarge Name: Post_303 Q and A chart.png Size: 283 KB


Attached Image (click to enlarge)
Click to Enlarge Name: Post_303 QandA.png Size: 316 KB


Post#305 - the OP reply to post#303.
https://www.forexfactory.com/showthr...34#post4576334

Take notes, write down the key points mentioned by Big E and then as you read further on the thread, you will learn more and also what are the exceptions to the mechanical rules.

He mentioned two things - "consolidation" and "ranging" referring to the chart posted.
Ask yourself, how do you identify the consolidation and ranging.
What are the differences between consolidation and ranging on that same chart.


Have fun,

Note: that TDI Red Green used in that chart had been refreshed and repainted therefore it is not what is seen in live market realtime situation.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #87,740
  • Jun 14, 2018 2:36am Jun 14, 2018 2:36am
Big E puzzle piece 307
Attached Image


Attached Image (click to enlarge)
Click to Enlarge Name: Big E post 307 about PA crossing 5EMA.png Size: 244 KB


Putting this piece together with the other pieces, ...
read his Post#307 and refer to the chart posted just above it.

Ask yourself these questions and find find your own answers and write down your trading rules:

- what is the purpose of the 5EMA, Typical Price, Shift+3?

- when exactly do we use the 5EMA?

remember use your '3rd eye' .
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
269 traders viewing now