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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

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Trading Made Simple

  • #96,201
  • Jun 5, 2019 4:25pm Jun 5, 2019 4:25pm
Quoting lddd
{quote} Your charts posted here leave out most parts of the full chart picture... You always cut them out. So there is nothing to learn from these instead of Tekkies did post another winning trade instead of showing all trades including losers by the end of a week or even a month. This could be done in a matter of 5 minutes even with automated recorded live entries costing you nothing than a mouse click. But instead you have enough time for long replies and fighting everyone saying something negative about the TDI like you already do for years with...
One side asking for a detail chart, once side negative criticize.
If that is how you think, here is what I think:
- Posted enough chart's with detail information. (Search for them).
- Won't redo what already has been post.
- How many chart's must be posted before you understand what to look for?

Have a nice day Iddd,
  • #96,202
  • Jun 5, 2019 8:04pm Jun 5, 2019 8:04pm
Some useful reading while we wait for Tokyo 5-hour

FX Trader Magazine http://www.fxtradermagazine.com/

The Traders Mind: Grow your trading mental skills... page 29 to 35.


---------------
Big E was a ruled-based discretionary trader regardless whether he was scalping or swing trading. This makes it almost impossible for anyone who lack the trading experience to understand when and where he took trades. All his training charts are marked in hindsight showing the TDI as cross as set up. He was trading reversals in his aggressive manner using the APB/HA candles 1 and 2 which are often very high risk for traders lacking his level of experience.
His exit was different from the TDI rules he posted because he risk 15% to 30% of $10k account per trade. I doubt anyone have his kind of mental conditioning to trade with that kind of risk and trading 2 to 5 standard lots. Reason why most traders fail to trade TMS like he did.
-----------------
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #96,203
  • Jun 5, 2019 8:47pm Jun 5, 2019 8:47pm
GBPUSD Jun 06

D1 shows Pin Bar at BRN 1.2700 ... many price action traders would short this D1 PinBar.

But TMS M15 traders see price action clutter around 50EMA, 200EMA and 800EMA.

Which timeframe do you trade?

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Jun 06 D1 pin bar 06-06-2019 09-41-11.png Size: 73 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #96,204
  • Jun 5, 2019 9:14pm Jun 5, 2019 9:14pm
Quoting emmanuel7788
{quote} AUDCAD Jun 05 D1 open previous day close BEEB with WRB High as resistance is good enough for me to start sell. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCAD Jun 05 BEEB 05-06-2019 08-17-03.png Size: 23 KB


AUDCAD Jun 05 D1

still selling today with target below
small range but good R:R
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCAD Jun 06 selling 06-06-2019 10-11-36.png Size: 21 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #96,205
  • Edited 3:11am Jun 6, 2019 2:56am | Edited 3:11am
Quoting eelfranz
Here is a training chart... yes, yes, yes there are many trades on it but look at the TDI Blue boxes. A Normal entry is when green crosses red on the TDI (and you can actually see the green on the other side) A bounce trade is when green gets close to red but bounces away and the original trade continues are good entries generally. I always look to the left for a possible res/sup level being near. If it's close I pass on the trade and go find another... {image}

TDI Green cross Red ... the Green must be on the other side of the Red,

but in this example below, look at H1 - is the Green on the other side of the Red?

then look at M15 - how many candles moved after its Green crossed Red?


Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Jun 06 M15 H1 H4 1551 06-06-2019 15-49-53.png Size: 68 KB


Edit: Update after the H1 new candle opens

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Jun 06 M15 H1 H4 1603 06-06-2019 16-03-58.png Size: 81 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #96,206
  • Jun 6, 2019 3:35am Jun 6, 2019 3:35am
DE30 Jun 06 H4

waiting for H4 to close and a new candle opens....

I see a H4 MC.

Attached Image (click to enlarge)
Click to Enlarge Name: De30 Jun 06 support and resistance 06-06-2019 16-29-41.png Size: 59 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #96,207
  • Jun 6, 2019 6:08am Jun 6, 2019 6:08am
DE30 M15 H1 H4 Jun 06

9 seconds before the candle closes

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Jun 06 M15 H1 H4 1858 06-06-2019 18-58-58.png Size: 64 KB



and when the new M15 H1 and H4 candle opens

Attached Image (click to enlarge)
Click to Enlarge Name: De30 Jun 06 M15 H1 h4 1900 06-06-2019 18-59-11.png Size: 65 KB


you can see for yourself and decide if the M15H1 VLine nonsense works in live market conditions.

checking higher timeframe is not enough to make any mechanical indicator based system profitable. It is still lacking 9 other market conditions and the traders need all 10 skills to create a winning system that fit him/her.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #96,208
  • Jun 6, 2019 11:04am Jun 6, 2019 11:04am
Have stopped posting charts or post explaining post's.
(See no reason to clutter this thread with basically the same charts, same rules, same setup everyday. Rather keep them on hard drive for myself.)
-----
Have you notice that those DE30 chart's Emmanuel post's everyday. There are no live trade's on them chart's
Wonder why?
--------
OH YEA, love to trade M15H1, it works for me every time.
Attached Images
  • #96,209
  • Jun 6, 2019 1:54pm Jun 6, 2019 1:54pm
Quoting emmanuel7788
{quote} {image} AUDCAD Jun 05 D1 still selling today with target below small range but good R:R {image}
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCAD Jun 06 selling 06-06-2019 10-11-36.png Size: 21 KB


AUDCAD Jun 05 London closed right on target ....

Attached Image (click to enlarge)
Click to Enlarge Name: AUDCAD Jun 06 LC on target 07-06-2019 02-48-01.png Size: 22 KB



LOL, do you need to see my trade levels?

or

do you prefer I post my trade plan and ideas everyday and you can decide if you have the same trade plan and ideas and we trade together.

.../
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #96,210
  • Jun 6, 2019 2:16pm Jun 6, 2019 2:16pm
Quoting Tekkies
Have stopped posting charts or post explaining post's. (See no reason to clutter this thread with basically the same charts, same rules, same setup everyday. Rather keep them on hard drive for myself.) ----- Have you notice that those DE30 chart's Emmanuel post's everyday. There are no live trade's on them chart's Wonder why? -------- OH YEA, love to trade M15H1, it works for me every time. {image} {image}
Have you notice that those DE30 chart's Emmanuel post's everyday. There are no live trade's on them chart's Wonder why? --------

Hey Tekkies,

do you really want to see my trade levels? that is easy I can go to Menu /Tools /Options/Chart ... and check box Show Trade Levels.

remember the last time I posted with my trade levels and you copied my trades and you lost money.... and you blamed me.

you did not learn nor understand how I trade with TMS MEME average entry price and how I manage my trades. You did not learn nor follow my trade recovery plan after I cut-losses. You did not learn nor know how to average UP with banked-in profits and to 'let profits run' to grow an account.

be patient, today is only Jun 06. Wait till end of month and I will post and show what I mean by CONSISTENCY is important to have an edge.

Until you can achieveand maintain CONSISTENCY month after month after month ... and for 36 months, you do not have any EDGE.

Too much time is being spent on TDI and Stochastics,
Too little time on Price Action and Support/Resistance.
And no time spend on Money Management, Risk Management for entries and exits, When to Cut-Losses short and How to Let Profits Run.
You need to find your WINNING EDGE and the TDI is not in the winning edge equation.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #96,211
  • Edited 2:48pm Jun 6, 2019 2:18pm | Edited 2:48pm

Keep it simple, follow TDI.
Attached Image (click to enlarge)
Click to Enlarge Name: keepsimplw.PNG Size: 47 KB

Edit: Oh, you do remember. I think is was round about 2015, shortly after I joined FF.

Got to thank you for that one, Emmanuel.
It opened my eye's very fast to study only what BigE has posted, not what you post everyday.
  • #96,212
  • Jun 6, 2019 2:34pm Jun 6, 2019 2:34pm
Quoting Tekkies
OH YEA, love to trade M15H1, it works for me every time. {image} {image}
Every time...
  • #96,213
  • Jun 6, 2019 2:34pm Jun 6, 2019 2:34pm
Quoting Tekkies
Keep it simple, follow TDI. {image}

Keep It Simple: Follow Post#261 and Trade the Daily and Weekly chart timeframes.

Use the APB/HA candle, follow its average price, follow its price action.

use both the Lotto model and Insurance model to create your own CashFlow model and keep the money flowing in week after week after week.

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP Week 23 trade report 07-06-2019 03-27-08.png Size: 52 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #96,214
  • Jun 6, 2019 2:53pm Jun 6, 2019 2:53pm
Quoting Tekkies
Have stopped posting charts or post explaining post's. (See no reason to clutter this thread with basically the same charts, same rules, same setup everyday. Rather keep them on hard drive for myself.) ----- Have you notice that those DE30 chart's Emmanuel post's everyday. There are no live trade's on them chart's Wonder why? -------- OH YEA, love to trade M15H1, it works for me every time. {image} {image}

Hey Tekkies,

Now you can see my trade levels. I checked the box.

Keep It Simple: Follow Post#261, Trade the Daily chart timeframe. The 5EMA show the direction, if the HA candle PA is above, we buy and use TMS MEME to get the best average entry price, Trade once every 4-hours and place an order when the M5 MACD-TDI crosses in the direction of the 5EMA.

Don't forget to follow the checklist in Post#647.
*** a few important things to check ***
1) trade in the direction of the short-term and long term trends and use the HA candles and 5EMA.
2) do not trade when market is in consolidation, look for small HA candles.
3) do not trade when the PA is near a support and resistance, look at previous price action PPA and their swing highs and swing lows.
4) look at the last reversal, look for small and big candles, big candle that usually show price momentum are the better entry candles
5) avoid trading when near to previous highs and lows.

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Jun 05 open trades 07-06-2019 03-39-14.png Size: 49 KB


Hint: Use the MACD-TDI, it can help you pick the better trade if not the best trades. Trade after the correction and when the MACD-TDI crosses its 00 levels
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #96,215
  • Jun 6, 2019 3:11pm Jun 6, 2019 3:11pm
Quoting Tekkies
Keep it simple, follow TDI. {image} Edit: Oh, you do remember. I think is was round about 2015, shortly after I joined FF. Got to thank you for that one, Emmanuel. It opened my eye's very fast to study only what BigE has posted, not what you post everyday.
Edit: Oh, you do remember. I think is was round about 2015, shortly after I joined FF. Got to thank you for that one, Emmanuel. It opened my eye's very fast to study only what BigE has posted, not what you post everyday.

It was Nov 2015 to be exact.

and your big mistake was not reading the OP's old thread and all his other posts in Forex Factory. You only read his 463 posts in this thread. Your Keep It Simple has its limitations.

I always said this: Follow the OP's trading journey here in Forex Factory and learn EVERYTHING he knew. And you don't need EVERYTHING to make money trading the markets.

If you had followed his trading journey in FF, you would have learned that he changed his trading style 4 times between 2009 and 2011.

If you had read all his posts, you would have read this Post#296 below.

<quote>
...
There are always going to be people who slam using Stochastics or any other indicator. Like you said... you have to learn how to use it like you have to learn how your favorite pair responds in the market place.

I have been burned once in a while however, most of the time it was my fault for reading the market incorrectly.

Just because you can bring an indicator up on your chart doesn't mean you know how to use it correctly.

Learning to trade is a lifetime process. Develop a trading system that fits you and practice, practice, practice. When your confident... go live.

Learn to tweek your strategy to stay up with changing market conditions. If your mentally burned out, take a week off.

Take your time to learn how to trade. Newbies want to trade live right off the bat... and I thank you for all those pips you paid for... that I get to keep. Take the time to enjoy the learning experience. There is no hurry... only in your mind.

I profit every day by using Stochastics. I hope you will too. It's just part of the puzzle.

Big E
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #96,216
  • Jun 6, 2019 3:16pm Jun 6, 2019 3:16pm
Looks like the xxxCAD pairs are falling...

sell USDCAD, EURCAD, GBPCAD, AUDCAD and NZDCAD.

Attached Image
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #96,217
  • Edited 3:30pm Jun 6, 2019 3:17pm | Edited 3:30pm
Quoting emmanuel7788
{quote} Keep It Simple: Follow Post#261 and Trade the Daily and Weekly chart timeframes. Use the APB/HA candle, follow its average price, follow its price action. use both the Lotto model and Insurance model to create your own CashFlow model and keep the money flowing in week after week after week. {image}
Did you take note of this:
Post 261 ....................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.

Remarkably how you can refer to Post 261 when you post this:
You need to find your WINNING EDGE and the TDI is not in the winning edge equation.

Which post is lying? This one Post 96,217 or Post 96,214 . Both can't be true or both can't be a lie.
Have a nice day Emmanuel.
  • #96,218
  • Jun 6, 2019 3:22pm Jun 6, 2019 3:22pm
Quoting emmanuel7788
{quote} Hey Tekkies, Now you can see my trade levels. I checked the box. Keep It Simple: Follow Post#261, Trade the Daily chart timeframe. The 5EMA show the direction, if the HA candle PA is above, we buy and use TMS MEME to get the best average entry price, Trade once every 4-hours and place an order when the M5 MACD-TDI crosses in the direction of the 5EMA. Don't forget to follow the checklist in Post#647....
Your trade levels?
Really?
Looks like limit orders or THV trade manager did them for you.

Nice try Emmanuel.
  • #96,219
  • Jun 6, 2019 3:29pm Jun 6, 2019 3:29pm
Quoting Tekkies
{quote} Did you take note of this: Post 261 ....................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. Remarkably how you can refer to Post 261 when you post this: You need to find your WINNING EDGE and the TDI is not in the winning edge equation. Which post is lying? This one Post 96,218 or...

Hey Tekkies,


We all know you have poor reading skills.
You must stop your selectively reading.

Read this below in its entirety nit just pick few words or phrase.

Too much time is being spent on TDI and Stochastics,
Too little time on Price Action and Support/Resistance.
And no time spend on Money Management, Risk Management for entries and exits, When to Cut-Losses short and How to Let Profits Run.
You need to find your WINNING EDGE and the TDI is not in the winning edge equation.

Of course, we all can read Post#261 and we know Big E said that his TDI Red Green (Post#25) is the heart of his method.... for his entry and exit. he also posted many examples where he did not use the TDI for exits.

Example:
Post #7612... CONFUSION

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.

Attached Image (click to enlarge)
Click to Enlarge Name: Big E post 7612 chart.png Size: 146 KB


What was Big E winning edge?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #96,220
  • Jun 6, 2019 3:37pm Jun 6, 2019 3:37pm
Quoting Tekkies
{quote} Your trade levels? Really? Looks like limit orders or THV trade manager did them for you. Nice try Emmanuel.

Hey Tekkies

I use Market Orders to initiate the new trade basket. Then when I do not have time to monitor my charts, I place straddle orders , stop orders to at 0.5ADR above the last market order, and limit order at 0.5ADR below the last market order.

You know nothing about THV ... NICE TRY!

THV CaveManager cannot manage multiple orders and also THV CaveManager is does not place orders, it can only manage single trade and places the SL and TP , and also it can move your SL and manage partial TPs.

There are other trade manager expert advisors which can manage trade baskets. One of them is MPTM . Go to SHF and get the latest versions.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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