Trading Made Simple

[quote=emmanuel7788;11237568] My reply was about your fight, I think we need to stop the fight and keep the good teaching you guys can and are giving us...

Have just read the OP's posts (eelfranz) and some select other guys (snarlyjack, Numb3rs, 2scoops) for the first 78 pages or so. Is this method still effective on H4 time frame - original rules?

I live in CA and the trading times are suitable to me (10pm, 2am, 6am H4 candle checks).

Anybody still use this system? Anybody?.... Bueller?....

lol this system works but you need to read more

Its half way through the year so I like to review my results for the last six months.
I trade pairs on nice dependable trends, some with TDI but most not. Either way a good trend is a friend of any strategy.
I find that some pairs I almost never trade out of my list of 21 pairs, one day I will just limit myself to half of the pairs and have a simple life.
Going by my Results.

Winner - EURCAD. This pair went from last to first this year, I was going to burn this pair in January.
Last Place - EURJPY. I never see a setup for me this year.
Favourite Child - EURNZD. Always does what its told.
New Best Friend - NZDJPY. I never knew this pair could be so good looking.
Best New Talent - GBPAUD. A really nice pair to trade this pair.
M5 Favourite for me again - GBPNZD. Never disappoints and who needs Futures anyway.

Who's going to be stars in the next few months
EURUSD / GBPUSD / NZDJPY / USDCAD / GOLD


Will that is my 3 cents worth

Weekend time is great to see where those Daily trends are going.
About the only Chart time frames that I use with the TDI are the M5 Chart and Day Chart. Both have given me good profits and are not affected by Red News ( Don't trade M5 near news ).
Any news that moves the price will be seen in the Day Chart in my opinion. The big players have been selling USD for two weeks so FA MUST be weak. FA is irrelevant for me because I see them shouting out their bias on the Day Chart.
This is a pair on the Day Chart that's looking a great sell on the Daily.

EURNZD - Sell


I will be Selling this on H4 for a change. I normally just Sell the Thrust down candle manually.
Sells will be at every Green Cross till the Day Chart Crosses back.
Thats Multiple Entry then Single Exit

Rick
Can not get better that. Simple, easy, strait forward.
---
How do you use TDI? With post#647 or have you some flavour of your own?
edit:
Is that Strat's shadow you are using?
"..........Day Chart Crosses back"
What do you see as crosses back? Green cross red or green give exit singnal (flat, hook,check)

[quote=Platero;11238482]
@Platero,

What do you mean by "your fight" referring to me.
Did I start any fight?
What fight are your saying here. Your PM to me say different thing.

I am sure you have not read the entire thread from 2011 to 2017. If you did then you would have known the history of what happened in this thread after the OP stopped posting and died in 2012. Several members used this thread and started their own websites and get people here to subscribe to their trade signal service, indicators, dashboard, etc. Many innocent people got trick by their sales tactics " keep it simple" , "95% of traders lose money", typical type of slogans, etc.
What has happened to these websites after 2 to 3 years? TMS trading changed and died. What happen when they use "keep it simple" in their sales pitch?
All the TMS commercial website except one trader's website was able to explain money management and trading psychology but then his website also closed due to other circumstances which was had nothing to do with trading with TMS. Many of us here know this trader from the early days he was in this thread.

Please, I know from your PM that you want to learn and succeed, therefore you have to pay attention to what happened in this thread and also in the old thread. Learn from both threads, I know its a lot to read and study but is one very good way to become a TMS trader.
When you have read and studied all the posts and written down notes, then you will have a good foundation and continue on your own.

Good luck.

Hi Rick,

Very good post! Thanks.

That's what Big E mentioned in his Post#8703.

I have been doing the same, but I would exit when the D1 PA close with APB/HA closed with colour change.

Using M5 for multiple entries is an excellent idea for automation which I did in my trade manager. It is also quite similar to Big E 21/233 Method for multiple entries in his old thread. Putting all proven ideas to make a better trading method and system.

The method does not depends on H4 to open new candles at 10pm, 2am, 6am etc.
It also work when H4 new candle open at 9pm, 1am, 5am, 9am, ....

Do you want to be at your trading terminal every 4 hours?
I not longer want to disrupt my life having to trade every 4 hours. I only want to trade once a day, prefer when a new D1 candle opens. Other times, I just follow my trading business hours at my convenience.

You can trade TMS 5-Method in any chart timeframe and at any time of the day you choose according to your lifestyle.

You don't need to monitor your trades. Just use a trade manager EA to do the trading tasks for you after you placed your initial trade entry.

You keep lining yourself up Emmanuel, I can't help myself but reply to some of the crap that comes out of your mouth and much of it is to new traders. Correct me if I'm wrong but WTF is a trade manager going to do on an H4 trade apart from trail it? Is it going to tell me if this is a pullback or a reversal? Is it going to ramp up for me if it is just a pullback? Is it going to tell me if I've hit major S&R and should get out? I very much doubt it.

This is how far you've taken this thread away from the original system Emmanuel, let this thread get back to it's roots, allow new traders to see what message Big E was trying to get across without your opinion. I know you think Big E's system no longer works in this market but that's just you, this isn't your thread, these are not your ideas. Pure bred TMS never worked for me but I'm sure it does for some so allow them to trade it and learn without all your confusing, egotistical bullshit.

@mistakesr,

Too bad and sorry to hear that TMS did not work for you neither are those signal service which many people subscribed to.

You do have a problem in your life. After being missing form FF for years and reading your recent posts in different threads in the recent weeks it is obvious that you are facing some frustrations which could be from forex trading and losing money. Therefore you are looking for excuses and looking to blame others in different threads. Get a life and move one. I don't think you are contributing anything which is to help new traders here. If you are honest and want tp help others, then start by posting your charts and share with us how you trade these days and if you,are trading TMS.

LOL. Many things which you call crap are actually being used by many TMS traders here over the years since 2012 till now. Look up those posts and trades by Phx62, Lookleft, etc.
Also read those post by Lookleft on THV CaveManager in this thread.

For one thing which you obviously missed in what some traders here use is THV CaveManager which has many trading features like Captital Protection.
THV CaveManager also can do what Big E did in his trade exit when price move , say, +50pips and pulls back say 15 to 20 pips, Big E would exit his H4 trade with small small profit. This feature is unique to Big E scalping H4 when he was risking 15% to 30% of his $10K account. The devoloper of THV CaveManager is caveman here in FF.

Using a trade manager does not deviate from how we trade the original 5-Method. It only manages our trades and we do not have to monitor manually. There are advantages using a trade manager, we will not be subject to emotional reactions when we have open trades. We simply let the trade manager perform the trade management tasks according to the feature and parameters which we as the traders need to define and input in the expert advisor. Modenr day traders have one advantage over Big E when he was trading in 2008 to 2011. We have more tools with MT4 newer build versions since 2010.
Trading tasks are then made simple.

For those who want to consider using a trade manager expert advisory EA to manage your TMS trades, below is more information.
This EA is not mandatory byt the OP but it can help you learn the trade manager features which can be advantageous when you want to consider different exit strategy

THV CaveManager EA

Download the trade manager EA and pdf description from original thread / post by Caveman: Post# 18,455

User guide by FF member Lookleft Post# 58,004
I made a pdf for member hsn100.
CM parameter setting for HSN : Post#56,308

Now this is nice.
When a member speak his mind, give a accurate reflection to what is happening in this thread.
Who every suspended him surely did not like to read the truth.


Those that want to use a trade manager by all means do so. Remember not to blame the method when trade's go wrong.

One exit strategy is to use Trailing by Previous Candle High Low.
This feature is very good to capture the breakout.

Read this old post:
https://www.forexfactory.com/showthr...7#post11011647

Now we see more of Tekkies' trickery in the thread. He is now in level 2 ...



He will not post the complete posts which are fact here in this thread but he will use his cut-and-paste method to distract you from from the fact that is the truth posted in this thread.

Those who have access to my FxBlue account can see those trades taken in the whole month of June and the outcome at the end of the June month. GBPUSD was most profitable because we all made our MEME sell trades in the major downtrend.

Believe in what you read and see and not what people trick you in this thread. They have their own agenda which usually is commercial. They will lead you to their commercial website and making your part with your hard earned money paying for subscription and their signal service.

Good luck folks.

Trade Report June 01 to 30 closed trades.



There are some open trades at the end of June 30 which and with some currency pairs baskets in floating losses.

Different Trade Exit management

comparing

Big E using TDI Red Green (post#25) for exit

and

using THV CaveManager EA to Trail_ By_Previous candle High_low




Also note the dirrence in the TDI Red Green (post#25) and the new Synergy Pro_TDI.
You can use the TDI RT version and set the parameters to follow the new Pro_TDI.
Most TMS traders have move on to this new version including snarlyjack.

THV Cavemanager EA

How the Trail_By_Previous candle High-Low work when you trade the D1 chart?



read this post and the example explained there.
https://www.forexfactory.com/showthr...10#post9653010

USDCAD Week 28 Trade Plan for Weekly chart trading using Multiple Entries / Multiple Exit MEME.

Money allocated $5,000.
Maximum Risk is 50% i.e. $2,500 is where I will cut-losses.

Note: I have booked profits from last months buy trades and this will explain my mental state when I trade this pair next week(s).



There are risks trading this pair next week.
June 11 is BoC may raise it rates and this will have serious impact on price volatility.
Also the Primary Trend on Weekly was Bullish and the recent 2 weeks maybe correction move and not necessary a reversal yet.
The ongoing trade war.
The oil production output and prices



Trade Well Folks.

Folks,

Lets focus on trading and help build this thread like Big E had wanted us to do.

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