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Trading Made Simple

  • #95,781
  • May 22, 2019 5:31am May 22, 2019 5:31am
Quoting realjumper
{quote} Yes, quite so. The way to deal with his endless rubbish posting, bitter stalking of Tekkies and just plain bullshit, is to put him on ignore. This is Big E's thread and method, and he would be turning in his grave to see what has become of this thread at the hands of one insecure and arrogant little man. Full marks to Tekkies for persisting and finding his own way with the teachings of Big E......and as he says (Tekkies that is) posting the same sorts of charts can get boring for him, but that's how you know someone has found their way.....by...
This pdf help me a lot:
Miracle_of_Discipline.pdf
(W. Robert Booker II)
https://www.forexfactory.com/showthr...75#post5097375
  • #95,782
  • May 22, 2019 5:35am May 22, 2019 5:35am
Quoting Tekkies
Difficult to join a telegram group that does not exist.
yes, you are correct with singular tense. there are actually more groups by other members. and no forgetting the WhatsApp groups too.

say anything that pleases your mind. LOL. Its a mental condition.

have you really found your way with Big E teachings? I don't know so I would rather give you the benefit of doubt and let you continue posting what you want. I can continue posting what I want no matter who think they are all rubbish, nonsense, gimmicks, etc. Its all in their minds.

I will post live trade plans, post live trades taken, post trade management and updates, etc.

Tell what else you want to see that I have also learned from Big E teachings and following his trading journey in Forex Factory.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,783
  • May 22, 2019 5:56am May 22, 2019 5:56am
Quoting Tekkies
{quote} This pdf help me a lot: Miracle_of_Discipline.pdf (W. Robert Booker II) https://www.forexfactory.com/showthr...75#post5097375

Discipline is an essential ingredient that you just have to have if you don't want mister market to eat your capital, little by little. As you have found with your 2 TF's, the setups WILL come. You just have to wait for them. If you take the 'near enough is good enough' attitude, you'll lose in the end, for sure. Waiting for the setup to come to you is the only way, and even then it doesn't guarantee that you'll have a successful trade, but it certainly increases the odds considerably that you will.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #95,784
  • May 22, 2019 5:59am May 22, 2019 5:59am
Hello Everyone, Could someone kindly help with the e-book version of unlocking the World's largest financial Market Secret by Mario Singh.
  • #95,785
  • May 22, 2019 6:04am May 22, 2019 6:04am
Quoting realjumper
{quote} Discipline is an essential ingredient that you just have to have if you don't want mister market to eat your capital, little by little. As you have found with your 2 TF's, the setups WILL come. You just have to wait for them. If you take the 'near enough is good enough' attitude, you'll lose in the end, for sure. Waiting for the setup to come to you is the only way, and even then it doesn't guarantee that you'll have a successful trade, but it certainly increases the odds considerably that you will.
DISCIPLINE
that is one of Big E' trader qualities. he taught us how to pick the best setups and to have the patience of Job and Moses.

DISCIPLINE is to ensure we achieve trading CONSISTENCY which will create a winning edge.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,786
  • May 22, 2019 6:12am May 22, 2019 6:12am
Quoting emmanuel7788
{quote} DE30 May 22 Tokyo market Closed. Now for some price action .... {image}

DE30 May 22 H4 Example when the Stochastics and TDI shows opposite signal... Follow Big E's Post#261 Rules.

and you will probably miss a trade.

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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 I look for another trade.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,787
  • May 22, 2019 6:20am May 22, 2019 6:20am
Quoting Fxgreatness
Hello Everyone, Could someone kindly help with the e-book version of unlocking the World's largest financial Market Secret by Mario Singh.
Google "World's largest financial Market Secret" you will find a website where it can be downloaded.
  • #95,788
  • May 22, 2019 6:53am May 22, 2019 6:53am
Follow TDI.
Related to Post 95,749
This is how a TDI angle below 5 must take a order.
Looking back in hindsight one can understand now way it took TDI on those chart's to move down only a few pips. The market went into consolidation, typical you will only notice that the next day.
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  • #95,789
  • May 22, 2019 7:05am May 22, 2019 7:05am
Quoting Cj.cn
{quote} got it. thanks

Hi Cj


EURGBP Week 21 May 22 trade updates

Today we sweep more profits back to our bank ... Lotto Model before NY session opens.
Very profitabel week with this pair.

Now we just have one open position is a new basket. Will manage if this reaches 0.8861 with more positions.

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP Week 21 May 22 trades closed 22-05-2019 19-57-05.png Size: 59 KB


We must be thankful to Big E for showing us how to trade Weekly and daily charts. Same simple rules with Post#261 relatively stress free.
To learn from Big E , follow these post link below.

Weekly trade examples
700
https://www.forexfactory.com/showthr...00#post4582200
1967
https://www.forexfactory.com/showthr...07#post4605507

Daily trade charts examples
357
https://www.forexfactory.com/showthr...50#post4577150
283
https://www.forexfactory.com/showthr...96#post4576096
4171
https://www.forexfactory.com/showthr...11#post4527311
3850
https://www.forexfactory.com/showthr...23#post4441523
3679
https://www.forexfactory.com/showthr...85#post4420885

3573
https://www.forexfactory.com/showthr...29#post4412229
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,790
  • May 22, 2019 8:52am May 22, 2019 8:52am
Last trade for the day.
- H1 hooked up.
- M15 cross over with green almost at 1
- M15 stoch confirm direction
- Resistance level has become a support level
- Look at the long wick at the bottom of the H1 candle
Break even has kicked in.
Tomorrow the same: Follow TDI
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  • #95,791
  • May 22, 2019 12:07pm May 22, 2019 12:07pm
Quoting emmanuel7788
{quote} Hi Cj EURGBP Week 21 May 22 trade updates Today we sweep more profits back to our bank ... Lotto Model before NY session opens. Very profitabel week with this pair. Now we just have one open position is a new basket. Will manage if this reaches 0.8861 with more positions. {image} We must be thankful to Big E for showing us how to trade Weekly and daily charts. Same simple rules with Post#261 relatively stress free. To learn from Big E , follow these post link...
Hi Emmanuel,
I must say WOWwwww. When I see BIGE trades on Daily and Weekly, I think I finally understand the core of TMS and the meaning of the name "TMS-5" methodology (not TMS-TDI ). It' so simple.

1/ TMS-5 method is the seeing of price actions at EMA5. The simplest way is when price above EMA5 we only buy and vice versa for below EMA5 (but to be a winning edge, we need to learn more and deep dive into a new level...). TDI is a "translation" tool, it translates/visualizes the "language" of the market and help us to understand its meaning (price move and momentum). It take time to read price action and visualize, so it's lag. This is the reason why after a so many time seeing charts, BIGE can trade without TDI. When he sees charts, he can understand the price moves and see clearly which candle is the momentum candle. So if we focus on price action at EMA5, we can catch the run at better entry, before TDI signal.

2/ Sumup: to trade with TMS-5 method
(0) Mental support in making decisions
(1) Define what type of market is now
(2) See price action at EMA5: trendy/momentum candle, reversal candle... to define the entry signal
(3) Exit strategy
(4) Money/risk management

@Emmanuel: Can you help me to correct my thought? Thank you so much.
Son Nguyen
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  • #95,792
  • May 22, 2019 5:58pm May 22, 2019 5:58pm
Quoting hikaru259
{quote} Hi Emmanuel, I must say WOWwwww. When I see BIGE trades on Daily and Weekly, I think I finally understand the core of TMS and the meaning of the name "TMS-5" methodology (not TMS-TDI ). It' so simple. 1/ TMS-5 method is the seeing of price actions at EMA5. The simplest way is when price above EMA5 we only buy and vice versa for below EMA5 (but to be a winning edge, we need to learn more and deep dive into a new level...). TDI is a "translation" tool, it translates/visualizes the "language" of the market and help us to understand its...
Hi,

do you find resistance only on yesterdays high or low?
  • #95,793
  • May 22, 2019 6:58pm May 22, 2019 6:58pm
Quoting hikaru259
{quote} Hi Emmanuel, I must say WOWwwww. When I see BIGE trades on Daily and Weekly, I think I finally understand the core of TMS and the meaning of the name "TMS-5" methodology (not TMS-TDI ). It' so simple. 1/ TMS-5 method is the seeing of price actions at EMA5. The simplest way is when price above EMA5 we only buy and vice versa for below EMA5 (but to be a winning edge, we need to learn more and deep dive into a new level...). TDI is a "translation" tool, it translates/visualizes the "language" of the market and help us to understand its...

Trading Made Simple is just a thread title. It was one of several names suggested by other members in the old thread when Big E announced that he would be moving the discussions back to Trading Systems forum because his old thread was moved to Commercial Content forum. His old thread title started as "GBPUSD M15" trading and he was sharing his experience trading M15 using the Stochastics Secrets by RedTrader, then he added stuff from Craig Harris Natural Flow Forex NFF System. Big E has a lot of experience trading with the Stochastics and he claimed to making money everyday back in 2008. I believe him when I read all his early posts and also followed those videos on the NFF system during that period. I believe him because he was an honest person and he would not bring anyone down by simply giving encouragement blindly. His old thread title was changed by FF Admin because the first 300 posts was quoting Craig Harris commercial seminars and system.

Most of what he wrote in his posts here in FF are taken from the NFF system by Crag Harris. The 12-2 and 4-6 clock face angle is from the Stochastics but Big E use the same but apply them to the TDI. The reversal candle entry technique is also from NFF using the Stochastics but Big E used the same reversal candle but he did something rather clever. He use the APB/HA candle to pick the reversal candle and he made sure that both the Stochastics and TDI provide cross signals to the reversal setup with two indicators, this approach increases the probability of the trade setup but reduces the number of trades.
Big E developed two methods his old thread. The 21/233 Method evolved from another commercial system then. His 5-Method evolve from the first Synergy trading system by Dean Malone which Big E was a subscriber to CompassFX.
Why he chose the name 5-Method? That is easy, Synergy trading system uses the Price Action Channel PAC formed using two moving averages - 5 period Smoothed Moving Average, set to price High and Low. Big E considered that using the PAC for trade setup was too conservative. He initially pick his setups when the price action was inside the PAC and that was an initial mistake made. He dropped that and replaced the PAC with his displaced MA 5EMA, Typical Price, Shifted+2 then to Shift+3. Where did the Shift+2 and +3 come from. That is easy, another commercially know system.
fact is Big E was always tweaking his trading methods and if he is alive today, be sure there would be another new method. Nobody know that for sure but we know his style in FF and his trading journey developments.

Anyone trying to trade reversals the way he did with his TDI will lose money. Nobody has in the past 7 years shown profitable results. Just take a quick look at the traders who were active with him in that period from 2008 to 2011, most quit trading, others went on to other threads, other systems. Most traders gave up after one year. I know one trader in his old thread is still actively trading but trading other system.

If you drop using the 5EMA and the APB/HA candles, then you are not trading TMS 5-Method. PERIOD. You can replicate the TDI with any other oscillators or trend indicators, but you cannot replicate the 5EMA or the APB/HA candle.

Swing Trading with the 5-Method is quite simple once you have done your homework with that First Key and continued on with the 2nd and 3rd keys.
When you have used all 3 keys, you would by then have tested the markets and know the market type conditions to pick your swing trades on the Daily and Weekly. The 4-Hour is just a period interval you can use to look for add-on entries or you can semi-automate this add-on options in any trading platform. For example, with MT5 and other trading platforms, there are other periodicity to chose - 6-Hour, 8-Hour and 12-Hour. I am moving to 8-Hour by 2020 and will have more time for my other businesses and going back to Futures.

When completing the 3 keys - The Market Type conditions are very simple and easy to determine. Not need for the Stochastics and RSI or TDI.

https://www.axitrader.com/au/market-...x-market-types
https://www.axitrader.com/au/market-...ries-and-exits
https://www.axitrader.com/au/market-...set-ups-part-2

more/...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,794
  • May 22, 2019 7:01pm May 22, 2019 7:01pm
Quoting emmanuel7788
{quote} Hi Cj EURGBP Week 21 May 22 trade updates Today we sweep more profits back to our bank ... Lotto Model before NY session opens. Very profitabel week with this pair. Now we just have one open position is a new basket. Will manage if this reaches 0.8861 with more positions. {image} We must be thankful to Big E for showing us how to trade Weekly and daily charts. Same simple rules with Post#261 relatively stress free. To learn from Big E , follow these post link...
great job.

I am learning.

thanks very much

Cj
Don't Rush Things, Be PATIENT and Wait For the Best Trade Setup
  • #95,795
  • May 22, 2019 7:05pm May 22, 2019 7:05pm
Quoting Yudax
{quote} Hi, do you find resistance only on yesterdays high or low?

I use the OHLC as natural support and resistance. No need any indicators. The market shows you its OHLC everyday, every week, every month.

The same when you use Supply and Demand approach, use the OHLC.

Now, think of what the average of the OHLC can do for you and your trading?

For example,

(Open+High+Low+Close) divide by 4 give your its average.

Is this Weekly OHLC Average the same on Daily, H4, H1, M15, ......?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,796
  • May 22, 2019 7:13pm May 22, 2019 7:13pm
Quoting Cj.cn
{quote} great job. I am learning. thanks very much Cj

EURGBP May 23 update:

Today I have now 3 open positions in one basket. ... on radar 0.8861 level.
Limit order below, Stop order above, ... when come closer to news hour, I place more pending orders to catch the volatility.

Maybe today I lose some pips but still make money. How is this possible?

Some MM strategy uses martingale - take a loss double the next trade but TMS MEME we do not use martingale.

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP Week 21 May 23 Update Syd2H 23-05-2019 07-59-02.png Size: 59 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #95,797
  • May 22, 2019 8:55pm May 22, 2019 8:55pm
Quoting heispark
This is a story about once a star Forex trader named 'FX Viper'. He ran a signal service and was well known for his consistent profits delivery for years until he finally demised with consecutive huge DD (btw he used a custom pivot). His Youtube video hit one million views and some of you may remember him. Eventually, once good friends Jeff and Nick became foes since then. Read details of this soap opera from here: https://donnaforex.com/index.php?PHP...opic=10883.855 https://youtu.be/lSKT6o3gpo0...
Not trying to get in the middle anything but you asked what you learn from it...
What I learn from it is that this doesn't look like a scalper's chart to me.
Did he change his style dramatically?
  • #95,798
  • May 22, 2019 9:39pm May 22, 2019 9:39pm
Quoting hikaru259
Hi all, Here is my plan for GBPUSD for this week 6-10 May 2019 and MEME management plan - Uptrend - Tendency: upward --> Buy options only Plan your trade, trade your plan. Cheers, Son Nguyen {image} {image} {image} {image}
Hi, Son Nguyen

Can share your MEME management excel?

thanks

Cj
Don't Rush Things, Be PATIENT and Wait For the Best Trade Setup
  • #95,799
  • May 22, 2019 10:07pm May 22, 2019 10:07pm
Finally Van K. Tharp aka emmanuel7788 has started a new thread.

Can anybody guess what that thread is?

A tiger can change the jungle but not its stripes.

Soon he will start to promote his books, workshops, and ME/ME bs in that thread as well, of course using gazillions of user accounts that he has created from time to time to promote himself.
Videsha Mudal Welenda
  • #95,800
  • Edited 11:47pm May 22, 2019 11:32pm | Edited 11:47pm
Quoting Cj.cn
{quote} Hi, Son Nguyen Can share your MEME management excel? thanks Cj
Hi Cj,
I'm sorry I'm afraid i can't. I don't want to be spool feeding. Let's me show you the logic and you can build it by yourself. It's easy but take some time. Building by yourself will help you to understand more and know the pros and cons of the setting. It's the best way to deep dive and optimize.
MEME management is suitable for a medium/large account > $5000, so find the most suitable setting for you. I'm doing my research on MEME II - EVO with the min capital of $10.000, I aim for less risk and "let 's profit run" method and MPTM EA for supporting . I hope i can finish building/idea phase on May and forward testing in June.
Attached Image (click to enlarge)
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So here is the logic:
1. Setup table in realtime data feed from MT4 for calculating pip value: ='MT4'|ASK!AUDUSD
Attached Image

2. Entry average and lot size/risk calculation
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formula to convert USD size to lot size:
Attached Image

Hope it can help you.
Stay green,
Son Nguyen
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