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Trading Made Simple

  • #89,541
  • Edited 10:25pm Aug 14, 2018 9:58pm | Edited 10:25pm
EURUSD Aug 15 TDI in multi-tiemframe

The last M15 was good but this is not the best time of the day to trade this pair.


Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Aug 14 TDI P-Slope 7 M15.png Size: 47 KB


Edit. add M15 chart

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Aug 15 M15 breakout prev day low.png Size: 56 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,542
  • Aug 14, 2018 11:10pm Aug 14, 2018 11:10pm
Hi guys,

I'm a newbie, but after reading 2 times BigEFULL.pdf, going to read 1 more time, a lot of basic question already got answered. Yes, PA, SR is really important among to TDI. BigE said that too many time. There are no 100% won entries but follow BigE rules, its almost 70-80% win rate.
I need more practice and reading that rules.
Thanks so much BigE and all you here for your great advises.

It is Simple method but not really simple for newbie...
BabyChicken
  • #89,543
  • Aug 15, 2018 1:39am Aug 15, 2018 1:39am
Quoting kain775
{quote} I do not think that he is a troll at heart judging by his earlier posts I think that 9+ years of trading forex and still not close to being profitable is beginning to frustrate him greatly and he is starting to lash out. Judging by his charts in the m30 thread his observational skills appear weak, thus subsequently so are his price action skills. Imo, He would be better off ditching indicator based trading systems for now and focusing on systems which don't use them. Without indicators distracting him he will be more focused on the thing...
Indicator's and Price Action is the same thing. Have posted about that.
What many reader's miss is that BigE has combined both and use both before entering a trade.
TDI:
- crossover indicate : possible entry.
- Green angle (12/2 - 4/6) : is it possible to enter
- Level 32 / 76 : how far can the entry go
Stoch : confirm direction
That is it. Two indicators four points. How many second's? = 4 / 5?

Now every single member keeps on harping about Price Action
Is Post#647 not Price Action?
How close am I to the previous high or lo
Am I in an uptrend or downtrend.. short & long term...
Am I in or close to a consolidation area
Are the previous candles small...
Look at the candles on the last reversal... big, little, what
How does the momentum look right now (12-2, 4-6)
Does Stoch's confirm the TDI signals
S/R level
Only those few point's take far more time to apply then mere 5 seconds'.

The noction that to much time is spend on TDI is utter cow dung.
---------
Kain, what made you "click".
  • #89,544
  • Aug 15, 2018 2:17am Aug 15, 2018 2:17am
Here is a post in the old thread.

This post explains what Big E took from Craig Harris Natural Flow Forex NFF system which uses only the Stochastics with Japanese candlesticks. Craig Harris NFF does not use the Average Price Bar APB/HA candles. Note when Big E mentioned reversal candles, he refer to the Japanese candlestick. The angle 12-2 and 4-6 were used referring to the Stochastics slope.

Attached Image (click to enlarge)
Click to Enlarge Name: Big E uses NFF system rules.png Size: 169 KB


The Synergy trading model by dean Malone uses the Average Price Bar APB which is different form the standard Heiken Ashi candles. Synergy trading model uses the APB, the Price Action Channel and the TDI.

Go to this post#446 in the old thread and learn about the APB/HA.
APB/HA tutorial videos.
https://www.forexfactory.com/showthr...80#post3345280

Both the Stochastics and the Traders_Dynamic_Index(RSI) indicators based are oscillators and they show the same thing about the price momentum.

Why do I use the APB/HA candles?
Note I trade with the real price i.e. the price Bar Chart but I have the APB/HA in the background.
When I look at the price action, I look at the price bar and not the APB/HA.
The other reason why I use the APB/HA is also because I trade with average price using multiple entries ME. The APB/HA give a good indication where I can build my positions in a basket of 5 trades.
There are other features of the APB/HA which are explained in those tutorial videos.
Use both the real price bar and the APB/HA will give you added advantage in the long run as you progress to more advance trading.


Have Fun while you learn and acquire more knowledge. Be patient and take your time to learn and absorb as much as you can. Most important is to have an open mind when you learn.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,545
  • Aug 15, 2018 6:50am Aug 15, 2018 6:50am
Quoting kain775
{quote} I do not think that he is a troll at heart judging by his earlier posts I think that 9+ years of trading forex and still not close to being profitable is beginning to frustrate him greatly and he is starting to lash out. Judging by his charts in the m30 thread his observational skills appear weak, thus subsequently so are his price action skills. Imo, He would be better off ditching indicator based trading systems for now and focusing on systems which don't use them. Without indicators distracting him he will be more focused on the thing...

Rumour has it, he blew up...

Edit: Again
'in less than half an hour he made over 100 ticks'
  • #89,546
  • Aug 15, 2018 7:18am Aug 15, 2018 7:18am
Quoting emmanuel7788
{quote}To make one $million, start with two $million.
Sometimes I just can't help myself with you Emmanuel. So after all these years on the Forex Factory and predominantly taking over this thread you are now telling everyone that TMS does not work and you will do nothing but lose money. I think your monthly pay from the Forex Factory for spamming this thread has just been reduced substantially. Never mind, it's still probably far more than you make trading your own account.
Ardua Ad Astra Per
  • #89,547
  • Aug 15, 2018 8:34am Aug 15, 2018 8:34am
sell eurjpy h1 +60 pips
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  • #89,548
  • Aug 15, 2018 2:05pm Aug 15, 2018 2:05pm
Attached Image (click to enlarge)
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  • #89,549
  • Aug 15, 2018 2:21pm Aug 15, 2018 2:21pm
Market Hours ...

European markets are closed ... capital protection is top priority. Use you trading capital wisely.

Wait for Asian open

Pairs to watch AU, AJ and UJ.

Attached Image (click to enlarge)
Click to Enlarge Name: Market Hours Aug 16.png Size: 13 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,550
  • Aug 15, 2018 2:46pm Aug 15, 2018 2:46pm
Quoting mistakesr
{quote} Sometimes I just can't help myself with you Emmanuel. So after all these years on the Forex Factory and predominantly taking over this thread you are now telling everyone that TMS does not work and you will do nothing but lose money. I think your monthly pay from the Forex Factory for spamming this thread has just been reduced substantially. Never mind, it's still probably far more than you make trading your own account.

Sorry for you that you tried trading TMS with the TDI for many years and that TMS did not work for you and you still lose money today. Main reason why TMS did not work for you is you lack the screen time. Big E had 6,000 hours screen time. He sees a lot more that you. The other reason why it did not work for you is you used the wrong version of the TDI posted in this thread. If you want to trade like the OP Big E mentioned in his Post#1, you must use the TDI Red Green version in Post#25. But if you want to learn to trade like in all his training charts, you need to use a different version of the TDI.
And finally, if you want the latest version used by Synergy Pro traders, there is a newer version but that is only available commercially.
As for me after the last 5 years trading with the TDI_RT version, I have decided to drop that completely in my top down analysis and my Big Picture Plan.
However, like Big E used to do, he stopped using his 5EMA but left that on his charts. I do the same with the TDI, I simply left that on my charts when I post in this thread. I pick reversal trade very carefully and can initiate my first trade in new basket using APB/HA candle 2 confidently without the TDI. Doing this I am working to improve the number of winning 20-trading days cycle. I used to have 3 to 4 losing cycles , which is about 60/40 win rate. This year, I manage so far, only one losing cycle since Jan 2018. My confidence trading without the TDI is growing.

Should you consider to trade TMS again, I suggest you start all over again but this time study every one of Big E post where he attached training and trading charts. One tip I can give you is to analyse every of his charts with an open mind. You will learn much quicker and learn a lot more the way he sees the market conditions which he did not talk about often. And remember one more thing i.e. Big E had a lot more experience trading with the Stochastics and learning from Craig Harris Natural Flow Forex system then with Dean Malone's Synergy.

Good luck.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,551
  • Aug 15, 2018 2:59pm Aug 15, 2018 2:59pm
Quoting emmanuel7788
{quote} Sorry for you that you tried trading TMS with the TDI for many years and that TMS did not work for you and you still lose money today. Main reason why TMS did not work for you is you lack the screen time. Big E had 6,000 hours screen time. He sees a lot more that you. The other reason why it did not work for you is you used the wrong version of the TDI posted in this thread. If you want to trade like the OP Big E mentioned in his Post#1, you must use the TDI Red Green version in Post#25. But if you want to learn to trade like in all his...

What does your chart look like right now?
  • #89,552
  • Edited 3:12pm Aug 15, 2018 3:00pm | Edited 3:12pm
Quoting mistakesr
{quote} Sometimes I just can't help myself with you Emmanuel. So after all these years on the Forex Factory and predominantly taking over this thread you are now telling everyone that TMS does not work and you will do nothing but lose money. I think your monthly pay from the Forex Factory for spamming this thread has just been reduced substantially. Never mind, it's still probably far more than you make trading your own account.

@mistakesr

here are two of Big E's posts which you must study.

pay attention to that chart he posted.

Attached Image (click to enlarge)
Click to Enlarge Name: Big E 16-08-2018 04-00-46.png Size: 157 KB


This is a good example how experienced TMS traders know when to "let profits run". With more experience you can be aggressive in your exit strategy. This can make you 'shit load of money' that is how you make one $million when you have two $million, with less stress.

Quoting eelfranz
WHEN TO EXIT ----------------- OK there appears to be some confusion here... According to the rules you exit when the TDI GREEN LINE goes flat, check mark reversal or hooks over.... this is for the conserative trader and works great. However.... note the blue box on the TDI below. See how the green line archs like a worm crawling up the red line without crossing red. You could have stayed in the whole trade without exiting until green crossed red finally. {image}
the next post is this below.

Quoting eelfranz
Last nights trade.... The usual... enter 10pm - exit 6am.. {image} {image}

study that chart carefully and which TDI version was on that chart.

Attached Image (click to enlarge)
Click to Enlarge Name: Big E 112 pips 16-08-2018 03-56-06.png Size: 132 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,553
  • Aug 15, 2018 3:08pm Aug 15, 2018 3:08pm
EURUSD H4 Aug 15 Sydney...

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Aug 15 H4 wrong time to trade.png Size: 54 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,554
  • Aug 15, 2018 4:56pm Aug 15, 2018 4:56pm
Quoting emmanuel7788
{quote} Sorry for you that you tried trading TMS with the TDI for many years and that TMS did not work for you and you still lose money today. Main reason why TMS did not work for you is you lack the screen time. Big E had 6,000 hours screen time. He sees a lot more that you. The other reason why it did not work for you is you used the wrong version of the TDI posted in this thread. If you want to trade like the OP Big E mentioned in his Post#1, you must use the TDI Red Green version in Post#25. But if you want to learn to trade like in all his...
OMG lol, I give up. You are so funny Emmanuel. So now you're successfully picking tops and bottoms, congratulations, I hope you make a fortune.
Ardua Ad Astra Per
  • #89,555
  • Aug 15, 2018 7:39pm Aug 15, 2018 7:39pm
Quoting mistakesr
{quote} OMG lol, I give up. You are so funny Emmanuel. So now you're successfully picking tops and bottoms, congratulations, I hope you make a fortune.
@mistakesr,

You are still making the same mistakes even when you are simply reading my post. I do not pick tops and bottoms. I have already mention many times about the risk in picking tops and bottoms with this pic below.

Attached Image (click to enlarge)
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To pick the reversals is not picking tops and bottoms, You need to learn from Big E's posts how he pick only the best setups. He has the patience like Job and Moses, he once said.

Now another of Big E post you must read and study and learn from.

Quoting eelfranz
Entered this E/U trade last night on the weekly time frame... put the SL at the top of the previous candle... about 150 pips away... won't see the next candle until next week... already in profit... see the nice 5 o'clock green TDI line with Stoch's confirmation... {image}
Attached Image (click to enlarge)
Click to Enlarge Name: Big E weekly charts trade.png Size: 190 KB


That is his trade was taken on the Weekly chart. Was he picking top?

Do you see that 'reversal' candle?

What about resistance? He must sell at resistance there, right?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,556
  • Aug 15, 2018 7:47pm Aug 15, 2018 7:47pm
Quoting emmanuel7788
EURUSD H4 Aug 15 Sydney... {image}
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Aug 15 H4 wrong time to trade.png Size: 54 KB


EURUSD H4 update .. Tokyo Open hour Aug 15.

That H4 setup did not go far, right?

Was that trying to pick bottom?

Even with price & TDI Divergence, picking bottom would have failed in a 4H swing trade.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Aug 15 H4 wrong time to trade update.png Size: 50 KB


But can you scalp that setup?
I know Big E said that when he scalp, he would scalp on H4 timeframe.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,557
  • Aug 15, 2018 7:57pm Aug 15, 2018 7:57pm
Today is August 16 my mistake made today crossing time zones.

Beware when trading EUR pairs today. No key news on FF Calendar but the trade war and Turkish Lira crisis still burning issue.

USDJPY already made this week's swing low and swing high, so far.

Study this H4 chart below,

do you see the Swing Low and the 'reversal bar/candle'?

then the week's Swing High and the 'reversal bar/candle'.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Week 33 swings.png Size: 42 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,558
  • Aug 15, 2018 8:06pm Aug 15, 2018 8:06pm
hay guys, i'm new here and am looking for the rules page for this thread, can someone direct me to the post?
thanks

nevermind i found it
  • #89,559
  • Aug 15, 2018 8:07pm Aug 15, 2018 8:07pm
USDJPY d1 chart Aug 16

with that Aug 15 BEOB , today morning some selling early and with the support below, caution!

it would have been different if Aug 15 was an engulfing bar like BEEB/BEOB

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Aug 16 D1 BEOB.png Size: 42 KB


now, do you see why I have my chart switch Bar Chart and the APB/HA candle in the background.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,560
  • Aug 15, 2018 8:12pm Aug 15, 2018 8:12pm
Quoting Wolfgangbang
hay guys, i'm new here and am looking for the rules page for this thread, can someone direct me to the post? thanks

Post#89,035 is my latest, or below re-post.

Knowing Price Action trading is the key. The OP himself said this below.

#1 importance is the Price Action PA

#2 importance is the TDI, which is to show the price momentum for entry.

Therefore for those with some years of experience trading, there is Option #3:

----------------------------------------------------------------------------------------------------
New traders coming to this thread have three Options:

Option #1: Go to this post link, read and follow that post.The TMS history is all here.

https://www.forexfactory.com/showthr...2#post10965032

Option #2:
You don't have to read 4452 pages (89,033 posts)
Just two pdf files compiled by older members here will suffice.
Go to this post link, download and read those two pdfs files.

https://www.forexfactory.com/showthr...31#post9656031

Option #3:
For those with some years of trading experience trading with indicators, this option may be better.

Click and read One, Two and Three

TMS being the 5-Method is a technical trading methodology therefore you need to add your own Money Management and make it your own system. Your trading psychology is another subject matter not talked about much.

Big E was a discretionary rule based trader.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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