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Trading Made Simple system follower - Thanks to eelfranz 9 replies

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Trading Made Simple

  • #91,941
  • Oct 13, 2018 10:59pm Oct 13, 2018 10:59pm
Quoting RickM
{quote} I like your Videos, keep them coming. The biggest shame is we have mostly stopped talking about Emmanuels MEME trading systems. I recommend any trader re-visits his posts on this topic over the past few years to learn how to profit for a living in Forex. Its all about average pricing of all trades set to a pip point target. I trade six MEME systems via EA's. Five are totally automatic now with one traded semi- automated based on his system. Its the total combined pip count or pip harvesting as I call it which is the wage earner. Maybe I...
Rick
Please don't do MEME in this thread. One member is already showing by his post's that he has a hard time to place one order with TDI. Now you want to blast member's with MEME.
-----
Remember correctly based on previous posts - one EA in drawdown the other 4 EA's take account back to break even plus profit. Do you keep an eye on the 5 auto EA's incase all of them go into drawdown?
  • #91,942
  • Oct 13, 2018 11:03pm Oct 13, 2018 11:03pm
Quoting Tekkies
{quote} Rick Please don't do MEME in this thread. One member is already showing by his post's that he has a hard time to place one order with TDI.
who's that?
  • #91,943
  • Oct 13, 2018 11:12pm Oct 13, 2018 11:12pm
Quoting PeterE
{quote} who's that?
Use the search option (top right) to find out.
  • #91,944
  • Oct 13, 2018 11:16pm Oct 13, 2018 11:16pm
Quoting Tekkies
{quote} Use the search option (top right) to find out.
I was hoping you would say PeterE
  • #91,945
  • Oct 14, 2018 2:33am Oct 14, 2018 2:33am
Quoting PeterE
{quote} I was hoping you would say PeterE
My mistake. Under the impression in asked who is MEME.
Sorry to disappoint Peter, the first price for finding it hard to place a correct TDI entry goes to .................
  • #91,946
  • Oct 14, 2018 2:42am Oct 14, 2018 2:42am
Quoting eelfranz
Beautiful Sample set up.... {image}
Attached Image (click to enlarge)
Click to Enlarge Name: Big E on beautiful angle.png Size: 139 KB



Study this training chart by the OP.
It is not TDI Green cross Red. It must be a 'beautiful angle'. and zoom in and look at the price bar over the HA candle. What price action is that at the reversal?

Also look at the bigger picture, what do you see in the chart pattern?
Do you see previous price action PPA as support?

If you want to be aggressive in your entry before the price close above the 5EMA, this is the type of price action you must learn to look for.
Otherwise, wait for the price bar and the HA candle to close above the 5EMA for buy.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #91,947
  • Edited 4:59am Oct 14, 2018 4:22am | Edited 4:59am
Quoting RickM
{quote} He will be sorry unless he's prepared to practice for a year on DEMO to learn the skills, then hope he is one of those 5% of traders who can trade 123's, pullbacks, 2b's etc like yourself and be profitable. Most will fail because they are impatience and don't have the discipline.
Please do not mix up the topic with your own strategies. Make a new topic "trade 123#s pullbacks 2bīs etc" "MEME" or what ever your advices are about. Then if you think this is the holy grail feel free to post a link to such topic, so people like me can decide if they want to learn something new/different.

I didnīt join this topic because it said "Everyoneīs holy grails explained, pick what you need". If i want to do that, i can do a Google search and filter everyones bullshit out my self down to the needs i have.

If the topic says "Trading made simple" follow Rule 1,2,3. Nothing else! Then share your experience with Trading made simple by following Rule 1,2,3 and nothing else. I know this is really hard to understand...

If you feel bored and think you are the greatest trader of history keep this secret or write a book about your great success, but stop trolling around. This only shows your intelligence gaps.

If you have something useful to contribute either about money management, psychology. I think thatīs ok too. Maybe even far more important than fighting about a strategy because in the end all technical strategies no matter what will depend on these few things either you become successfull or fail.

Its all about calculating in probabilities right not about forecast the next trade because nobody of you can do that, what ever strategy you have. So better share your results for the last thousands of trades and try to explain what of the mentioned things like money management, psychology helped you to end up positive.

But please do not bring in different technical approaches to get trade entries/exists if this has nothing to do with the strategy introduced. If you donīt belive in something you are not forced to do so, but by adding your personal bullshit to it wonīt help anyone.

This is also true for you Tekkies in some way because you donīt use HA candles. So far i havenīt seen 1 person here 100% doing what BigE introduced. Everybody advertising their own agendas here. Itīs worse than following up with politics, even these clowns understand when to shut up at some point.
  • #91,948
  • Oct 14, 2018 5:42am Oct 14, 2018 5:42am
Quoting lddd
{quote} Thanks, well my broker currently not supports trading it. Can you recommend one so i can have a look at it. And what kind of strategy you make use of here, pure price action support and resistance, any indicators, what’s time frame and so on?
You asked me the above questions I answer and now you berate me in your last post was only trying to help you get answers I am done helping now your on your own
  • #91,949
  • Oct 14, 2018 6:10am Oct 14, 2018 6:10am
Quoting Divergence
{quote} You asked me the above questions I answer and now you berate me in your last post was only trying to help you get answers I am done helping now your on your own
Divergence i was not complaining about your help. I asked a question and you gave a clear reply to it. Thanks a lot. My previous post aimed on all the boys and girls constantly mixing things up here and posting their own strategies without ever beeing asked.

So if i ask you a question directly even if it has nothing to do with TMS this is different. I maybe guilty for not sending you a personal private message. But still its a a huge difference asking something directly no matter what, instead of hijacking this topic on a daily base.
  • #91,950
  • Edited 7:34am Oct 14, 2018 7:20am | Edited 7:34am
Quoting lddd
{quote} Please do not mix up the topic with your own strategies. Make a new topic "trade 123#s pullbacks 2bīs etc" "MEME" or what ever your advices are about. Then if you think this is the holy grail feel free to post a link to such topic, so people like me can decide if they want to learn something new/different. I didnīt join this topic because it said "Everyoneīs holy grails explained, pick what you need". If i want to do that, i can do a Google search and filter everyones bullshit out my self down to the needs i have. If the topic says "Trading...
Iddd

I was just responding to Divergence's post, your'e just a troll I'm afraid. I send you a PM a few weeks back and your lack of understanding and knowledgement of that message just proves your agenda. Your'e never bothered to read Big E's notes and just don't listen to advice offered here by other traders.
Trading thin liquidity at the boundary of the charts
  • #91,951
  • Edited 7:58am Oct 14, 2018 7:41am | Edited 7:58am
Quoting RickM
{quote} Iddd I was just responding to Divergence's post, your'e just a troll I'm afraid. You pretend to trade the TMS system but all your attempting to do is post more than Emmanuel perhaps to lessen his impact here. I send you a PM a few weeks back and your lack of understanding and knowledgement of that message just proves your agenda. Your'e not really trading TMS, your'e never bothered to read Big E's notes and have no plans to actually trade TMS.
I got no PM from you, never. I am trading the TMS and I did read Big‘s posts, maybe not all of them yet.

Update: Okay I got several PMs from all kind of people here but never watched then but great to see a forum moderator making trading advices, now if this is no conflict of interest I don’t know. Better lock the topic down for all of us as the author is gone, that would be the only correct thing to do. Hilarious this forum rofl.
  • #91,952
  • Oct 14, 2018 7:53am Oct 14, 2018 7:53am
Quoting lddd
{quote} I got no PM from you, never. I am trading the TMS and I did read Big‘s posts, maybe not all of them yet.
Hey .. it's the wild west here.. so quit crying and trying to moderate it. The way you want it is finished!

Accept that.
It's in fear when people show what they truly value.
  • #91,953
  • Oct 14, 2018 8:40am Oct 14, 2018 8:40am
Quoting emmanuel7788
{quote} Just that I am curious how USDCAD would have performed this year if we would have taken every trade setup following 100% mechanical setup conditions. I backtested using my broker's H4 live data Jan to Oct 05 2018 with price action entry using the PAC and with TDI confirmation. Same BE move set to 25pips and Jumping SL set to 25pips. The win rate is 53%. This win rate is quite the same I have tested for all the 8 pairs using 10 years historical data. {image}
Do you actually have an EA for this? And if no, any particular reason?
  • #91,954
  • Oct 14, 2018 10:56am Oct 14, 2018 10:56am
What are the Tekkies and Emmanuelīs and all other successfull TMS traders left here think about this ? Thats what i feel since the beginning i am trying to trade the TMS/TDI...No matter what time frame. You could just trade raw PA at SR with direction of the next higher tfīs trend direction if you already trading manually (no EA). So why do you still want to have an indicator telling you something that happened in the past?

You trick your brain with it to confirm something that isnīt there because you donīt have any trust in your self right? Then you need another indicator like a stoch to confirm the confirm and so on... I think i should ditch the TDI and Stoch and do a studies on pure price action trading and maybe how to spot important SR zones at a glance and draw them in, probably nothing else needed to become constantly profitable.

Quote
One of the favourite uses of the RSI is the 50 cross over. When it crosses up over the 50 from below this is regarded as bullish. Similarly bearish when it crosses below the 50 from above. Now, if you can read price bars and the overall price chart, you will know long before this squiggly line, whether prices are bullish or not.

An important point to remember is that all indicators, including moving averages, are just some mathematical derivation of price. Their only purpose is to average and smooth out price for you to see in a single smooth line. Between your ears is the instrument that no computer or electronic wizardry can match or ever will match - use yours instead of some inferior mathematical formula to see the price action.
  • #91,955
  • Oct 14, 2018 11:14am Oct 14, 2018 11:14am
Quoting lddd
What are the Tekkies and Emmanuelīs and all other successfull TMS traders left here think about this ? Thats what i feel since the beginning i am trying to trade the TMS/TDI...No matter what time frame. You could just trade raw PA at SR with direction of the next higher tfīs trend direction if you already trading manually (no EA). So why do you still want to have an indicator telling you something that happened in the past? You trick your brain with it to confirm something that isnīt there because you donīt have any trust in your self right? Then...
I think you are making too much out of it. Theres nothing wrong in changing it a bit, adapting to what you pick up, thats normal. Im at the same stage as you, but dosent mean you have to pick on the system. I am still new to this method, and only trade it on demo but my pickups regarding the cycle of the method is i barely look at the TDI and stoch anymore, but pretty much only prize action. I dont think that is the most optimal way to do it tho, and im trying to remind myself all the time to still look at the stoch and TDI even tho i already know how it will look in advance most of the time. I mainly look at 5 ema first, then how big the move is in whatever direction, and then TDI and stoch when i remember.

Im in my last week of initial 1 month test, but i feel like i wanna give it probably 2-3 months before i go live. I see alot of potential in the strategy with strict and disciplined MM, and i know that when im only so early into testing the method i still have alot of things to pick up on and experience. Especially reading price action i believe is the main factor in this, avoiding the false signals etc.
  • #91,956
  • Edited 11:44am Oct 14, 2018 11:23am | Edited 11:44am
Quoting emmanuel7788
{quote} {image} Study this training chart by the OP. It is not TDI Green cross Red. It must be a 'beautiful angle'. and zoom in and look at the price bar over the HA candle. What price action is that at the reversal? Also look at the bigger picture, what do you see in the chart pattern? Do you see previous price action PPA as support? If you want to be aggressive in your entry before the price close above the 5EMA, this is the type of price action you must learn to look for. Otherwise, wait for the price bar and the HA candle to close above the...

Hi Em, thanks for this sample chart set-up...

I was wondering what would be your approach on this image below. It is the same setup as posted (big E's) with my modified and fused TDI (or TDZ) hybrid.

On the chart you shared, with the original TDI, the entry would be on candle #2 for an aggressive entry. However, it seems with TDZ the conservative entry is candle #1, while candle #2 for conservative entry.
Attached Image (click to enlarge)
Click to Enlarge Name: EU2.JPG Size: 344 KB


Now, with the current chart for EU H4 TF. I was thinking conservatively to wait for the price to break the lows of mother candle #1
Attached Image (click to enlarge)
Click to Enlarge Name: EU4.JPG Size: 378 KB


Kindest regards...
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #91,957
  • Oct 14, 2018 12:07pm Oct 14, 2018 12:07pm
Quoting Pagh
Especially reading price action i believe is the main factor in this, avoiding the false signals etc.
I more and more think the main factor is to use no signals at all. I mean you donīt trade signals, you trade price. If you get a signal and price action tells you a different story (false signals), why would you want to have these signals? If you open a chart, look at the overall market structure on the next higher time frame. So lets say you want to trade H1 so you look at H4. If H4 is giving you a clear direction of what the market is doing for e.g uptrending, then look for a BUY entry on the H1 if price action tells you to do so at important support or resistance areas.

I also thought the TDI could give you a shortcut but so far i could not find this. If you trade manually on M5-M15 for e.g you get a dozens of TDI crossovers, if you have set up some alerts for these time frames should only call you to look at your screens because there is high probability chance right now, you get to the screen for every TDI cross but still have to do a dozens of things around price to confirm your "signal" and even worse most times the momentum is not given and you will be late on these quicker moving time frames or price action is telling you the complete opposite.

So why you need a "signal system" for entries or exists like based on the TDI indicator if you cannot trade every of these signals blindly to end up positive in sum? As far this is not the case, so nobody built some EA around this strategy able to provide stable profitable results i canīt see much benefits in it. I really respect all traders here able to do this constantly, so to cherry pick only the high potential TDI setups. On a H4 chart for e.g you have so much time watching the market structure and what the price candles look like, i donīt really get the benefits why you should want to wait for a TDI crossover in this case? If this alone doesnīt look good, donīt take the trade and move on.

If it looks good, take the trade, but why wait for a TDI crossover? Because first then you have momentum on your side? Thats bullshit i think, momentum comes from buysers want to buy and sellers want to sell. This information you see by looking at price action, so what does a TDI can forecast you here? Like said its calculated by PAST price action, so just because there was some momentum on the last TDI cross doesnīt mean there is momentum on the next cross.
  • #91,958
  • Oct 14, 2018 12:14pm Oct 14, 2018 12:14pm
Quoting Pagh
{quote} I think you are making too much out of it. Theres nothing wrong in changing it a bit, adapting to what you pick up, thats normal. Im at the same stage as you, but dosent mean you have to pick on the system. I am still new to this method, and only trade it on demo but my pickups regarding the cycle of the method is i barely look at the TDI and stoch anymore, but pretty much only prize action. I dont think that is the most optimal way to do it tho, and im trying to remind myself all the time to still look at the stoch and TDI even tho i already...
Not going into detail - enough popcorn fights - about indicators and PA.

BigE posted to fine tune it to your understanding. Some members like snarlyjack removed stoch, BigE did not make use of 5EMA that much, myself have removed 5EMA and HA, Lookleft did her adjustment, Emm, RickM and many others did their own fine tuning. jmn mentioned that BigE want new and old member's to use TMS as a stepping stone / building block to come to grip / understand the market.

Yes, Pagh you are on the right track. The more you use TDI the less you going to use it.
How come?
Well it is post#647's fault! - ( Especially reading price action i believe is the main factor in this).

TDI only indicate a possible entry. Angle of green indicate momentum, Level of cross over indicate how far the new short term trend can go (might be a beginning of a new long term trend.) extra extra. As the mind gets trained to spot all the point's you will also be able to glance at a chart like BigE.

Give credit due - divergence joined FF in 2010 - look how he is trading now. Most of his entry's as far as I can see is almost subconsciously.
Emm say TDI is training wheels to greater understanding of PA.

Can you remember how difficult it was to learn to drive a vehicle? Let the clutch out slowly, while increasing the pressure on petrol pedal, while releasing the handbrake, while looking in the rearview mirror at the same time checking side mirror, flick on the indicator, ................. How are you doing all those stuff now?

TDI does the manual labour (find the entry point) Post#647 (PA) is the supervisor. The CEO (me)will take the profit.
  • #91,959
  • Oct 14, 2018 12:24pm Oct 14, 2018 12:24pm
Quoting Tekkies
{quote} Not going into detail - enough popcorn fights - about indicators and PA. BigE posted to fine tune it to your understanding. Some members like snarlyjack removed stoch, BigE did not make use of 5EMA that much, myself have removed 5EMA and HA, Lookleft did her adjustment, Emm, RickM and many others did their own fine tuning. jmn mentioned that BigE want new and old member's to use TMS as a stepping stone / building block to come to grip / understand the market. Yes, Pagh you are on the right track. The more you use TDI the less you going to...
Great post, why do you first come up with this now?
  • #91,960
  • Oct 14, 2018 12:57pm Oct 14, 2018 12:57pm
i m mql programmer and i have experience to working on sure fire hedge startegy if any one interested to buy i m here he can send me private msg
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