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Trading Made Simple

  • #92,201
  • Edited 2:49pm Oct 23, 2018 2:32pm | Edited 2:49pm
Quoting Tekkies
{quote} No, not in this thread #119.............Only red and green lines (double thickness) and remove the others...
I know. But do you know why it isn’t?

I think one of the major issues here is, Eric might have been a great trader, but completely failed at providing structured data.

This topic is a mess to read, the introduction post is probably not up to date. Charts all mixed up together showing different indicatos, different settings and mixed up rules along thousands of pages.

i wonder why it is so hard for any forum moderator to clean up a bit.

Tekkies and Emmanuel, you guys should both think about creating your own topics because you BOTH regular post charts showing different things than the template used by BigE to trade this method.

Even if your focus is different, one concentrating more on price action, one concentrating on TDI.

But if you post charts trying to explain the rules of a system of what you learned from the OP and how you interpret things (there is no problem with interpreting things differently, we are all just humans) but then use at least the same framework.

Thats a HA candles chart, EMA 5 shift 2, Stochastics 8,3,3.

Thats what has been posted by the OP I think,
and what I downloaded when I first came here.
  • #92,202
  • Oct 23, 2018 4:13pm Oct 23, 2018 4:13pm
Quoting lddd
{quote} I know. But do you know why it isn’t? I think one of the major issues here is, Eric might have been a great trader, but completely failed at providing structured data. This topic is a mess to read, the introduction post is probably not up to date. Charts all mixed up together showing different indicatos, different settings and mixed up rules along thousands of pages. i wonder why it is so hard for any forum moderator to clean up a bit. Tekkies and Emmanuel, you guys should both think about creating your own topics because you BOTH regular...
See if you can make this work. It is structured and tells you exactly what needs to be done, all in 1 simple pdf.

I already found my groove with flaglines and pullbacks, but would be interested in seeing any test results if anyone feels inclined.

Attached, I also added some mobile instructions for tablet users (courtesy dimi.a).

After reading this, if you can't make it work for you, then I don't think it ever will.
Attached File(s)
File Type: pdf TMS TDi for Mobile Settings.pdf   309 KB | 726 downloads
File Type: pdf TMS TDI INDICATOR METHOD.pdf   254 KB | 1,203 downloads
'in less than half an hour he made over 100 ticks'
  • #92,203
  • Oct 23, 2018 5:19pm Oct 23, 2018 5:19pm
Quoting onejester
{quote} See if you can make this work. It is structured and tells you exactly what needs to be done, all in 1 simple pdf. I already found my groove with flaglines and pullbacks, but would be interested in seeing any test results if anyone feels inclined. Attached, I also added some mobile instructions for tablet users (courtesy dimi.a). After reading this, if you can't make it work for you, then I don't think it ever will. {image} {image}
Thanks. I know these PDFs explaining the Easy Method and I don’t have a big problem with understanding the TDI as an indicator or HA Candles.

I would like to see TMS traders having consistent results day trading this strategy more talking about how they manage filtering out dozens of false signals the TDI produces in a more practical way

But all suggestions so far I could find here were people either saying jump to H4 or don’t trade inside consolidation.

So I doubt there is one person left here trading this strategy successfully interested in providing knowledge in a efficient way.
  • #92,204
  • Oct 23, 2018 5:53pm Oct 23, 2018 5:53pm
@Tekkies, @ Divergence, @ emmanuel7788, @others...

This is has all been very entertaining -- thank, you.

Several points:

(1) The primary actors here have one thing in common -- they all greatly admire Big E. Even though they say bad
things about one another, they hide behind their ramblings by claiming to speak for Big E. Divergence and emmanuel778 take it a step further -- they claim to be here in order to save the rest of us from exploring and learning because, I guess, they assume we must all be idiots.

(2) Big E posted on this thread until he died -- so, clearly he felt it had value. Regardless whether or not you
use TMS in your own trading, there is / was lots of useful information and ideas exchanged here. It is an
amazing legacy to the man that 7 years after his death people continue to hold him and his ideas in high esteem. We
should all be so fortunate.

(3) In the end, all that matters is what you leave behind. To his credit, Big E left behind a tool that people continue
to use and / or learn from. I would say it is sinister for certain people to attempt to take that away or twist it to bring more attention to themselves. If you can't leave behind something positive, then get off the ship and make room for someone who can. Claiming you are here to save the rest of us from hurting ourselves is the ultimate in arrogance and deceit.

(4) For those who admire Big E (or at least claim to) I would suggest if you really want to do something positive for his memory and partially repay him for what you learned from him then put your brains together and figure out ways to modify or improve his strategy. Learn to compromise with one another. Or, if you feel there are no good take-aways from what he taught, then pack up and go away gracefully.

(5) Regarding those who claim all you need is PA -- haha, what a bunch of crock. You think you are so macho because
you don't need indicators. Dudes -- I got news for you -- if you are looking at bars, then you are using an indicator. Bars are indicators. The real data is ticks from your broker. Bars (i.e. OHLC data) are simply a compressed form of tick data that MetaQuotes programmed into MetaTrader to help you better visualize tick data. They are no different than using indicators. Bars are simply software constructs that compress the real data (ticks). If you were trading on tick data, then I would be impressed -- but you aren't. So you are just fooling yourself.

Like other indicators, bars are used to help us visualize certain features of the raw data. To claim you are better at trading
because you use "PA" rather than RSI or MA or Stoch just proves even after all these years you are still clueless
about the underlying data.

(6) Finally -- Tekkies -- I'm sure that Big E is smiling down on you. Thank you for your efforts and please don't let the
contrarians get you down too much. Besides being entertained, I've learned a lot here. I occasionally trade TMS -- but as a software developer I prefer algorithmic trading. However, I have learned a ton from following this thread (both from supporters of TMS and the contrarians) and have incorporated things I have learned here into other aspects of my trading and software.

Thank you. Following this thread is one of the more entertaining things I do -- which gives you a clue as to how boring my life must be
  • #92,205
  • Oct 23, 2018 6:18pm Oct 23, 2018 6:18pm
Quoting lddd
{quote} Thanks. I know these PDFs explaining the Easy Method and I don’t have a big problem with understanding the TDI as an indicator or HA Candles. I would like to see TMS traders having consistent results day trading this strategy more talking about how they manage filtering out dozens of false signals the TDI produces in a more practical way But all suggestions so far I could find here were people either saying jump to H4 or don’t trade inside consolidation. So I doubt there is one person left here trading this strategy successfully interested...

@lddd,

I do have a few questions for you and perhaps take our discussions further. I know from reading your posts that you are like everyone else here who want to succeed in trading TMS and make money. But the expectations are very different from person to person.

1) what are you actual trading hours and can you trade the 10PM, 2AM and 6AM H4 candles like Big E did according to his local time?

2) have you read the two other threads by LE1 and X-Man? these are the early students of Big E and they both day trade M15 and H1.
https://www.forexfactory.com/showthread.php?t=345586
https://www.forexfactory.com/showthread.php?t=327972

I followed those two threads for years and also in their skype discussion groups. X-Man was also in Big E skype discussion group until the time he passed away. I learn a lot about price action trading from both LE1 and X-Man who treat Price Action as their king not the TDI.

If you prefer, we can also discuss offline.

regards,

Edit. I forgot to mention another good thread, by Mehdi343 which was moved to the Commercial forum.
https://www.forexfactory.com/showthread.php?t=588548
Mehdi trade both H4 and D1 charts and to make up for the fewer trades in these higher timeframes, he trade all 28 pairs. I only trade 19 currency pairs.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #92,206
  • Oct 23, 2018 6:41pm Oct 23, 2018 6:41pm
Quoting onejester
{quote} See if you can make this work. It is structured and tells you exactly what needs to be done, all in 1 simple pdf. I already found my groove with flaglines and pullbacks, but would be interested in seeing any test results if anyone feels inclined. Attached, I also added some mobile instructions for tablet users (courtesy dimi.a). After reading this, if you can't make it work for you, then I don't think it ever will. {image} {image}



that's the good old Synergy model which Big E subscribed to.

after that first version, came two other update versions. I knew Big E had the latest version too as he did mention in one of his post.

on page 2 of that pdf is,

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #92,207
  • Oct 23, 2018 7:14pm Oct 23, 2018 7:14pm
Quoting lddd
{quote} I know. But do you know why it isn’t? I think one of the major issues here is, Eric might have been a great trader, but completely failed at providing structured data. This topic is a mess to read, the introduction post is probably not up to date. Charts all mixed up together showing different indicatos, different settings and mixed up rules along thousands of pages. i wonder why it is so hard for any forum moderator to clean up a bit. Tekkies and Emmanuel, you guys should both think about creating your own topics because you BOTH regular...

@lddd,

I know Big E reason why he removed the MBL and VB. He said too many lines and colours are too busy because of his poor eyesight.
He only looked at the TDI Green line which shows the short term price momentum of the average 2 price bars using the Close price of the OHLC.
The HA candle and the 5EMA Typical price, Shift+3 are both important key components of TMS 5-Method. I prefer to look at the HA candle in the background of the real price bar which I read the price momentum.

I am sure by now you have read all his 463 posts in this thread and also his 861 post in his old thread. You know by now that Big E traded different 'systems' in his old thread. One was Craig Harris Stochastics CHS method which he traded GBPUSD M15. Then he traded the first Synergy model by Dean Malone. I learn from reading and studying his posts and charts that he blended different components from different systems to create what is the 5-Method. He also created the 21/233 Method which he traded with multiple entries.

To better understand the way he traded H4 in this thread, I learn many things from his old thread. One important thing is when he mentioned about 'reversal candle' and HA candles #1. This is a blending of CHS and Synergy HA candles. You need to know what his 'reversal candle' definition and where and when he placed is TMS order entry.

For further study,

read these posts link below: (Keyword= blending)

https://www.forexfactory.com/showthr...86#post4393586
https://www.forexfactory.com/showthr...06#post3327406
https://www.forexfactory.com/showthr...62#post3324862
https://www.forexfactory.com/showthr...49#post3320949
https://www.forexfactory.com/showthr...23#post3320923
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #92,208
  • Oct 23, 2018 7:19pm Oct 23, 2018 7:19pm
Big E, he loved to test and tweak systems to find improvements.

That was what he said back in Dec 2009.

Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #92,209
  • Oct 23, 2018 7:39pm Oct 23, 2018 7:39pm
Quoting emmanuel7788
{quote} @lddd, I know Big E reason why he removed the MBL and VB. He said too many lines and colours are too busy because of his poor eyesight. He only looked at the TDI Green line which shows the short term price momentum of the average 2 price bars using the Close price of the OHLC. The HA candle and the 5EMA Typical price, Shift+3 are both important key components of TMS 5-Method. I prefer to look at the HA candle in the background of the real price bar which I read the price momentum. I am sure by now you have read all his 463 posts in this...
Hi emmanuel7788,

Welcome back. As you know, every trading system has pros and cons. it's working sometimes, and it's not working sometimes. If we study all trading knowledge very hard and make money, the ivy league graduate guys may be the best performer in trading. But the reality is... it's not. Trading is all about the experience based, flipping coins and money management in my opinion. Just thought... Have a good day, emmanuel.
FOR THE HORDE
  • #92,210
  • Oct 23, 2018 10:08pm Oct 23, 2018 10:08pm
Quoting robots4me
@Tekkies, @ Divergence, @ emmanuel7788, @others... This is has all been very entertaining -- thank, you. Several points: (1) The primary actors here have one thing in common -- they all greatly admire Big E. Even though they say bad things about one another, they hide behind their ramblings by claiming to speak for Big E. Divergence and emmanuel778 take it a step further -- they claim to be here in order to save the rest of us from exploring and learning because, I guess, they assume we must all be idiots. (2) Big E posted on this thread until...
One interesting fact there was a gap of around 10 months between his last post here in TMS and his passing.
I wonder if he was too sick too care or just wasn’t able to trade any more. Could he have found his own strategy perhaps was less profitable than he liked.

Rest in Piece Big E
Trading thin liquidity at the boundary of the charts
  • #92,211
  • Oct 23, 2018 11:38pm Oct 23, 2018 11:38pm
Quoting RickM
{quote} Could he have found his own strategy perhaps was less profitable than he liked. Rest in Piece Big E
Why do you make a hint like that Rick?
Is it because you failed or did not make enough profit fast enough or did the "Kingbar" you added to the method took you to margin call?
  • #92,212
  • Oct 23, 2018 11:49pm Oct 23, 2018 11:49pm
Quoting Tekkies
{quote} Why do you make a hint like that Rick? Is it because you failed or did not make enough profit fast enough or did the "Kingbar" you added to the method took you to margin call?
Don’t worry about me Tekkies,
10 months of silent, just thought it was worth mentioning.
Trading thin liquidity at the boundary of the charts
  • #92,213
  • Oct 23, 2018 11:50pm Oct 23, 2018 11:50pm
I've run out of popcorn, can someone swing me at least a kilo?
Ardua Ad Astra Per
  • #92,214
  • Oct 24, 2018 12:11am Oct 24, 2018 12:11am
Quoting RickM
Could he have found his own strategy perhaps was less profitable than he liked.
Why would you even think or say something like that?

Why not give the man the benefit of the doubt. He spent his last years generously trying to help traders. When you read his posts you can tell not only was he passionate about trading, but also about helping others succeed. And to suggest that in his last months he realized it was all a big mistake and wouldn't bother to make things right with the people he was mentoring? Come on -- are you really that cynical. Shame on you RickM -- I know you are better than that.
  • #92,215
  • Oct 24, 2018 12:14am Oct 24, 2018 12:14am
Quoting onejester
{quote} See if you can make this work. It is structured and tells you exactly what needs to be done, all in 1 simple pdf. I already found my groove with flaglines and pullbacks, but would be interested in seeing any test results if anyone feels inclined. Attached, I also added some mobile instructions for tablet users (courtesy dimi.a). After reading this, if you can't make it work for you, then I don't think it ever will. {image} {image}
Hi Jester
Indicator Method was one of the first pdf's read. Something was not right from the word go. This would probably show how little I know.
I understand that a wick:
- show where price has been in the past before a bar is closed.
- indicate that either sellers or buyers came in and push price back.
- many wicks top or bottom indicate a change of direction is likely.
Now which price action is right?
- HA with "Strong Bar" / "Strong Sell"
- Took the first google search web page with "forex what does a wick mean"
(https://2ndskiesforex.com/trading-st...-forex-market/)
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  • #92,216
  • Oct 24, 2018 12:22am Oct 24, 2018 12:22am
Quoting mistakesr
I've run out of popcorn, can someone swing me at least a kilo?
You a trader, so buy a popcorn farm
  • #92,217
  • Oct 24, 2018 2:00am Oct 24, 2018 2:00am
Quoting robots4me
{quote} Why would you even think or say something like that? Why not give the man the benefit of the doubt. He spent his last years generously trying to help traders. When you read his posts you can tell not only was he passionate about trading, but also about helping others succeed. And to suggest that in his last months he realized it was all a big mistake and wouldn't bother to make things right with the people he was mentoring? Come on -- are you really that cynical. Shame on you RickM -- I know you are better than that.
I was asking a question Robots, nothing more.
There are traders here betting there wages on a system that has never been proven with a TE.
There is also no long term TMS traders supporting this system.

Now saying that, I have respect for all the help he gave traders here and that is to be saluted.
I even tried to locate the area where his farm was in Portland when I was in the area a few months back. He would of had a great view of Mt Hood.
Trading thin liquidity at the boundary of the charts
  • #92,218
  • Oct 24, 2018 2:18am Oct 24, 2018 2:18am
Quoting RickM
I was asking a question Robots, nothing more.
I understand -- thanks for responding.

As for "no long term TMS traders" -- I'm not so sure. It's really impossible to tell. Many people read posts, take what they need and move on. Also, since this is a public forum and no one owns TMS, then it is no one's job to prove to anyone that it works. People come here to share ideas -- not to sell something or prove their product is better than a competitor's.

As I mentioned -- I'm only an occasional TMS trader. However, the existence of this thread has brought me (and you) intangible benefits -- whether or not we wish to acknowledge them. The fact you have experienced traders here trashing one another yet, in the same breath, idolizing BigE years after his death, blows me away. That, alone, proves that people sense there is value here even if they can't articulate exactly what that is.

This thread continues to thrive for 3 reasons -- (1) it teaches a specific trading strategy -- regardless whether you like it or not or whether you think it works, (2) in the course of attempting to learn it then it can't help but wake up a few brain cells and get you thinking about trading details you hadn't thought of before, and (3) it provides a social outlet for those of us who don't have a life
  • #92,219
  • Oct 24, 2018 2:53am Oct 24, 2018 2:53am
EURJPY and GBPJPY H4 wait for H4 to close the 2AM candle (another 1 hour 5 mins)...
to see if that is would be a 'reversal candle'.

Attached Image (click to enlarge)
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Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY Week 43 Oct 24 H4 BPP.png Size: 42 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #92,220
  • Oct 24, 2018 3:10am Oct 24, 2018 3:10am
Quoting emmanuel7788
TMS Monitor pre-NY Open, GBPUSD signal 'strong buy' as the original TMS conditions - HA close above the 5EMA and TDI slope threshold=4. GBPUSD H4 last candle with TDI cross up but I would not trade against the D1 and W1. {image}

GBPUSD H4 update:
That was tempting ...
Not buying against the D1 and W1 was the correct decision.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Week 43 Oct 24 H4 BPP update.png Size: 43 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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