Trading Made Simple | Page 4489 | 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

  • #89,761
  • Aug 21, 2018 8:01pm Aug 21, 2018 8:01pm
Quoting Chenzo25
Wow this thread has turned in to pure junk.
You want the real stuff by the OP, just choose one of these three Options.

----------------------------------------------------------------------------------------------------
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 4488 pages (89,760 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
  • #89,762
  • Aug 21, 2018 8:13pm Aug 21, 2018 8:13pm
Quoting emmanuel7788
DE30 H1 close new bar/candle and TDI bounce... compare both charts below, 2mins 50secs till bar close {image} New bar open, TDI bounce .... {image} this is the TDI Red Green Post#25 used by Big E.
Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Aug 20 H1 2200 bar time open.png Size: 40 KB



DE30 Aug 22 H1 update Tokyo Open

that previous TDI bounce trun out to be a good setup and with two gaps in the price.

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Aug 22 H1 Tokyo Open.png Size: 69 KB


Folks, you want to be able to trade like the OP did back in 2010 and 2011, use the TDI Red Green version posted in Post#25.

There are too many other version TDI version posted by others in this thread and these will not work according to the OP rules.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,763
  • Aug 21, 2018 8:39pm Aug 21, 2018 8:39pm
Trading Made Simple uses the 5EMA, Typical Price, Shift+3.... Displaced Moving Average

For those who are reading the OP's posts and studying his TMS 5-Method, you can learn more why the displaced 5EMA is part of his method.

Read this pdf [Download]

it is explained in Chapter 4.
Attached Image (click to enlarge)
Click to Enlarge Name: Displaced MA chapter 4.png Size: 102 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,764
  • Aug 21, 2018 9:27pm Aug 21, 2018 9:27pm
Quoting emmanuel7788
{quote} {image} DE30 Aug 22 H1 update Tokyo Open that previous TDI bounce trun out to be a good setup and with two gaps in the price. {image} Folks, you want to be able to trade like the OP did back in 2010 and 2011, use the TDI Red Green version posted in Post#25. There are too many other version TDI version posted by others in this thread and these will not work according to the OP rules.
Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Aug 22 H1 Tokyo Open.png Size: 69 KB


DE30 Aug 22 H1 update 0500 bar time

the last TDI hook up and the price bar made a higher higher higher low with a higher CLOSE, note how the TDI Green responded to that bar higher CLOSE.
Compare with the chart above.

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Aug 22 H1 Tokyo 0500 bar time.png Size: 60 KB


Now we watch this current bar 0500 , it already made higher high and higher low, this HH HL will not change and we shall see when it closes and if it closes with higher CLOSE, the TDI Green will make a steep angle... be PATIENT we have 60 minutes in one hour. If it closes with string pull back , then there is the danger.

Note: this TDI Red Green version is from Post#25. Use that TDI version if you want to trade like the OP with his aggressive reversal entry. Learn to look at the price action for the best setups.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,765
  • Aug 21, 2018 9:48pm Aug 21, 2018 9:48pm
Quoting emmanuel7788
AUS200 To catch a Falling knife trade. Beware of dead cat bounce! {image} use a Blade.

AUS200 Aug 22 H1

Trading Falling Knife and Dead Cat Bounce ...

that bounce took 15 hours to materialise...

some traders simply waited for the bounce zone at 23.6 and 38.2 levels of the swing.

Attached Image (click to enlarge)
Click to Enlarge Name: AUS200 Aug 22 dead cat bounce.png Size: 85 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,766
  • Aug 21, 2018 10:07pm Aug 21, 2018 10:07pm
Quoting emmanuel7788
{quote} {image} DE30 Aug 22 H1 update 0500 bar time the last TDI hook up and the price bar made a higher higher higher low with a higher CLOSE, note how the TDI Green responded to that bar higher CLOSE. Compare with the chart above. {image} Now we watch this current bar 0500 , it already made higher high and higher low, this HH HL will not change and we shall see when it closes and if it closes with higher CLOSE, the TDI Green will make a steep angle... be PATIENT we have 60 minutes in one hour. If it...

DE30 Aug 22 H1 Tokyo 0600 bar time,

a new bar/candle open as the previous one closed.

We have a setup candle using the 5EMA.
Some consider this to be late entry using the 5EMA.

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Aug 22 H1 Tokyo bar 0600.png Size: 64 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,767
  • Aug 21, 2018 10:27pm Aug 21, 2018 10:27pm
An important post as reminder:

Attached Image (click to enlarge)
Click to Enlarge Name: Big E post 3142 No 1 is PA No 2 is TDI.png Size: 84 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,768
  • Aug 22, 2018 12:36am Aug 22, 2018 12:36am
Explain this:
Inserted Video
  • #89,769
  • Aug 22, 2018 1:14am Aug 22, 2018 1:14am
Quoting Tekkies
Explain this: https://www.youtube.com/watch?v=v15OcJTjNyE
He has a braced frame around his torso and along his arm. The arm extension from the torso brace is locked and unlocked as appropriate. Look at his arm when he lands back down after the big flash. Locked The carpet at the base of his cane is slightly raised suggesting a supportive structure underneath, spreading the load across the floor.

He also has to jump in to place to get up
  • #89,770
  • Aug 22, 2018 1:42am Aug 22, 2018 1:42am
Quoting emmanuel7788
An important post as reminder: {image}
Emmanuel
WHEN ARE YOU GOING TO GET IT INTO YOUR THICK SKULL THAT:
5-METHODE
IS NOT THE SAME AS
CRAIG HARRIS STOCHASTICS METHODE
-----------
Attached Image (click to enlarge)
Click to Enlarge Name: STP[PPD.PNG Size: 69 KB


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 !

YOU ARE CONFUSING MEMBERS
  • #89,771
  • Aug 22, 2018 1:59am Aug 22, 2018 1:59am
Quoting Tekkies
{quote} Emmanuel WHEN ARE YOU GOING TO GET IT INTO YOUR THICK SKULL THAT: 5-METHODE IS NOT THE SAME AS CRAIG HARRIS STOCHASTICS METHODE ----------- {image} 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 ! YOU ARE CONFUSING MEMBERS
Is price action not relevant to you?
  • #89,772
  • Aug 22, 2018 2:12am Aug 22, 2018 2:12am
Quoting Tekkies
{quote} Emmanuel WHEN ARE YOU GOING TO GET IT INTO YOUR THICK SKULL THAT: 5-METHODE IS NOT THE SAME AS CRAIG HARRIS STOCHASTICS METHODE ----------- {image} 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 ! YOU ARE CONFUSING MEMBERS

@Tekkies,

I know you are not proficient in the English language amongst other things.

That is only the title of the old threads.

In the old thread, Big E started that thread with its original title "GBPUSD M15" but FF Admin changed the Craig Harris Stochastics Method becasue Big E was using Craig Harris seminars and his Natural Flow Forex system which also trade GBPUSD M15 during the London and New York sessions.

Stop lying here. You did not read all of Big E's posts in his old thread and jump to wrong conclusion.

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...
Attached Image (click to enlarge)
Click to Enlarge Name: Big E post 336.png Size: 44 KB



Can you read simple English above highlighted in yellow.

For all of you who wants to know how Big E started in 2008, read this pdf summary.

When you know the Natural Flow Forex system and Synergy method, you will appreciate better this TMS 5-Method and the use of the TDI Red Green in Post#25.

There are a few things which you may have to learn and this is why I am in this thread to share with you all what some of the active TMS traders have done in 2011 to 2013. If you do not want to learn, it is okay and its your own money which you will trade with and you will mostly likely lose your hard earned money like all the 95% of newbie and rookie traders.

Good luck.
Attached File(s)
File Type: pdf Craig Harris Natural Flow Forex and Synergy Methods.pdf   184 KB | 1,189 downloads
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,773
  • Aug 22, 2018 2:14am Aug 22, 2018 2:14am
Quoting Tekkies
Explain this: https://www.youtube.com/watch?v=v15OcJTjNyE

It is America Got Talent show and the same trickery. That talent it is to separate you from your hard-earned money.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,774
  • Aug 22, 2018 2:21am Aug 22, 2018 2:21am
Quoting Tekkies
{quote} Emmanuel WHEN ARE YOU GOING TO GET IT INTO YOUR THICK SKULL THAT: 5-METHODE IS NOT THE SAME AS CRAIG HARRIS STOCHASTICS METHODE ----------- {image} 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 ! YOU ARE CONFUSING MEMBERS
I am not confusing members. Members can read fro themselves and know the truth. Only Tekkies is the confused one because he simple refused to read and did not read the old thread. He merely look at thread title and jumped to conclusion.

Introduction to Trading Made Simple for new traders reading this thread.

Trading Made Simple for beginners : Post#52,707

A short history by pioneer member snarlyjack Post#110
Our late OP eelfranz aka Big E spent 6,000 hours: Post#6 and he evolved as a trader and went on and developed two trading methods.
5-Method and 21/233 Method Post#3018, Post#4104,
After months of postings and answering many frequently asked questions FAQs, eelfranz made the jump to this new Trading Made Simple thread on 26 April 2011. Post#4432

In Post#1, he explained how he traded the H4 chart timeframe and he also traded the H1 chart during the NY session. This suited his lifestyle being retired and the time zone he lived. Sadly he passed away in Oct 2012.

Two very important posts: Post#261 and Post#647, give a simple summary of what this 5-Method is and the basic forex stuff we need to check before we look for the TDI setups to trade.

TMS 5-Method Basic Rules: Post#53,841
Always check the #1- Price Action first, then #2- TDI Post#3142
Big E wanted us to build this TMS thread together... Post#4,432

Best of Big E Parts 1 and 2 are in this post Post#76,986

The original indicators and template … Post#25

Recommendations:
Read all of Big E’ posts... 861posts in the Craig Harris Stochastics thread and 463 posts in this TMS thread....and make notes on those training charts he posted. Pay attention whenever he mentioned PA and what you see on his training charts.

Learn the basic stuff about forex trading first. A good place to start is www.babypips.com/school

If you want to trade the way Big E described in Post#1, make sure you use his template , the Synergy APB/HA candles and use that TDI Red Green version all these in Post#25.

Note that the TDI Red Green version repaints all the bars in history so you cannot use this when you do back-testing by scrolling back your charts. The better way is to run this in live market and trade the TMS setups based on what you see without refreshing your charts. When you want to trade with entries on the APB#1 and APB#2 candles, always wait for the price bar/candle to close and use the TDI to confirm the setup.

About the Trader Dynamic Index aka TDI:
It is an indicator using multiple moving average of the RSI data. The RSI is derived from the market real price hence the TDI is always lagging the Price Action. To have as good understanding of the TDI, read this book by John Hayden. RSI: The Complete Guide .

Warning: Do Not believe in anyone or website telling you that there is a leading TDI developed. Also this thread has nothing to do with trading market structure etc. TMS 5-Method is trading the price swings seen using the APB/HA candles, the 5EMA and the TDI.

About lagging indicators:
There is nothing wrong in using technical indicators which are lagging so long as you know how to read the price action and apply just a few simple PA rules and let the TDI confirms the setup when trading this 5-Method.
Read this thread on regular basis and keep up to date with the developments.

If you are overwhelmed (information overload) by the number of posts and the loads of information and variations shared by other traders here, the best thing to do is to stop reading and go back to the basics what Big E mentioned in his 463 posts in this thread and 861 posts in the CHS thread. First you learn and master the 5-Method first before you start add your own tweaks and make a new ‘system’.

TMS 5-Method is the simplest trend trading method here in Forex Factory and it works in all timeframes because there is a trend in every timeframe and we trade the trend of the moment.

Trading TMS 5-Method is not hard but it requires hardwork on your part to make it work for you. I have done my hardwork over the past many years here in FF.

Read and study Big E's original posts and his training charts. Give yourself a chance to trade this method in 2018.

Good luck.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,775
  • Aug 22, 2018 2:38am Aug 22, 2018 2:38am
Quoting eelfranz
Divergence, That was just one of many methods we discussed. Folks were getting confused by mixing up rules from different methods so this thread will only be about the 5 method.
Quoting eelfranz
Don't contact Dean Malone about the TDI. The way he uses it for his method is 180 degrees from how we use it... you need to learn how to use it our way... The TDI is the heart of our method. It tells you when to enter and where to exit any trades... so review previous posts and learn it good. HA Candles are important because it makes your trading way less stressful... use them. Stoch's is nothing but confirmation. If Stoch's & the TDI give different signals... lights flash off and on warning me to take a closer look before entering.. and usually...
Attached Image (click to enlarge)
Click to Enlarge Name: Big E Post 261.png Size: 127 KB


Attached Image (click to enlarge)
Click to Enlarge Name: Big E post 3018.png Size: 173 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,776
  • Aug 22, 2018 2:45am Aug 22, 2018 2:45am
Another fake TDI signal when London open

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Aug 22 H1 London Open 1000 bar time.png Size: 61 KB


So much of the rubbish slogan talk by Tekkies that the TDI is king.

Price Action is the prime minister like in all developed economy.

It is okay to say the TDI is the heart of the method. But Price Action is the brain functions.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,777
  • Aug 22, 2018 2:50am Aug 22, 2018 2:50am
Quoting emmanuel7788
{quote} DE30 Aug 22 H1 Tokyo 0600 bar time, a new bar/candle open as the previous one closed. We have a setup candle using the 5EMA. Some consider this to be late entry using the 5EMA. {image}

Sorry I did not post the last 3 hous charts to show how each H1 bar/candle progressed.
But I have my screenshit EA which took every screenshot when a H1 bar closes and new bar open.

Below are the last 3 screenshots.

Attached Image (click to enlarge)
Click to Enlarge Name: ScreenShot_DE30_M60_2018.08.22 06_00.gif Size: 41 KB


Attached Image (click to enlarge)
Click to Enlarge Name: ScreenShot_DE30_M60_2018.08.22 07_00.gif Size: 41 KB


Attached Image (click to enlarge)
Click to Enlarge Name: ScreenShot_DE30_M60_2018.08.22 08_00.gif Size: 42 KB


Attached Image (click to enlarge)
Click to Enlarge Name: ScreenShot_DE30_M60_2018.08.22 09_00.gif Size: 42 KB


Attached Image (click to enlarge)
Click to Enlarge Name: ScreenShot_DE30_M60_2018.08.22 10_00.gif Size: 42 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,778
  • Aug 22, 2018 3:05am Aug 22, 2018 3:05am
DE30 Aug 22 h1 London Open +1 hour

note that fake TDI signal and now become a check mark ....


Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Aug 22 H1 London Open 1100 bar time.png Size: 69 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #89,779
  • Aug 22, 2018 3:37am Aug 22, 2018 3:37am
Quoting MaxZen
{quote} Is price action not relevant to you?
After TDI crossover indicates a possible entry apply post#647
Study #647 and you will find your answer
  • #89,780
  • Aug 22, 2018 3:38am Aug 22, 2018 3:38am
Hello,
I've been following this thread for quiet a time now. I am new to trading and still looking to learn as much as possible
I wanted to know where I can find the 21/233 explanation and some examples?
39 traders viewing now