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Monitor for 'Trading Made Simple' system 565 replies

Trading Made Simple the right way, and other trading lessons 334 replies

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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

  • #97,361
  • Aug 11, 2019 4:31am Aug 11, 2019 4:31am
Quoting Tekkies
{quote} Actually Pips the "school yard fighting" has helped me a lot. It forced me to really make a in depth study to what BigE has posted in this thread. BigE parted a lot of valuable trading knowledge hidden and scattered through out is his posts, I would not have found them nor understand them if it was not for Emmanuel relentless effort to change BigE's way of trading the TDI to his way. I agree with you that it display a childish mentality and there is really no excuse for it. ----- Will try my best to leave the View button set to...

hey Tekkies

now that you admitted to learning a lot from Big E's posts which contains valuable trading knowledge scattered all over in his posts.

here is one of his Post#360 with EURJPY training chart live captured.
https://www.forexfactory.com/showthr...61#post4577161

tell us what did you learn studying this post and chart.

this is a good opportunity to show all of us us ... some of those valuable trading knowledge you have learned.

Attached Image (click to enlarge)
Click to Enlarge Name: Big E post 360 EJ H4 11-08-2019 17-16-06.png Size: 147 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #97,362
  • Aug 11, 2019 8:45am Aug 11, 2019 8:45am
Quoting emmanuel7788
{quote} Hi Pip-Miner my wife specialises in teaching children with learning difficulties and I learned from her and admire the amount of patience she has in her daily job. Tekkies can be a challenge on most days in this forum but I know she is passionate about trading made simple and she is learning however she is still not there yet in her trading. I'll give her more time... please bear with this weird situation which started since May 2016.
What an arrogant, ego filled post that was. I actually had to read it 2 or 3 times to make sure I was reading what I thought I was. You make out you are the greatest trader ever, must show Tekkies the "error of his ways" when actually all you are both doing is filling this thread with cr**, the same thing over and over again where its getting to the point nobody is going to bother reading anything on here. Its becoming so childish they should make a new forum called Forex Factory Kids where you can do this to your hearts content. To have the nerve to say
Quote
Tekkies can be a challenge on most days in this forum but I know she is passionate about trading made simple and she is learning however she is still not there yet in her trading.
I'll give her more time...
I'm not sure exactly who you think you are!! Unbelievable arrogance for someone that has shown NO proof on this site that you know how to trade.
Its pointless anybody sane posting on this thread, or they're likely not be sane very long.


You have admitted several times in different threads you don't use the TDI, you gave up using it ages ago, but you insist on posting on the thread. Thank goodness Britpip7 has made a return, and likes to trade "simply", perhaps someone will learn something from him, as to the rest of them, they've all gone to somewhere thats not a war zone.
Success means going from failure to failure without loss of enthusiasm
  • #97,363
  • Aug 11, 2019 3:03pm Aug 11, 2019 3:03pm
Quoting Tekkies
{quote} Iddd, find that mentor to help you. Have a nice day
Did i ask for help?
  • #97,364
  • Aug 11, 2019 3:30pm Aug 11, 2019 3:30pm
Quoting lddd
{quote} Did i ask for help?
No, you did not Iddd.
Have posted the answers to those two question in the 136 posts I address personally to you in this thread. If you are unwilling to do some work on your own, a mentor can do it for you.
How can an idiot help you.
Attached Image
  • #97,365
  • Aug 11, 2019 8:00pm Aug 11, 2019 8:00pm
Quoting Tekkies
The sad part is that Lisat is going to follow Realjumper's advice (I hope not) for the very reason how you treated Lastingwell and many other's that do not agree with you.
No, the sad part is that the massive ego and condescending arrogance of Emmanuel has now all but destroyed this thread of eelfranz. He obviously has no regard for those that simply want to learn the *Big E* way of trading unmolested, but instead he uses someone else's thread (eelfranz) to spew his hate and venom for anyone who dares to cross the great Emmanuel7788.

Now of course he's polluting another thread and sooner or later RobinHood will wake up and see where his thread is headed...hopefully it won't be too late for him.

If lisat wishes to post in Lastingwells thread where the Emmanuel virus cannot interfere, then she has my full support. It's too late to recover this thread as long as Twee does nothing to kick Emmanuel out once and for all.

So yes, the sad part really is the damage that one tiny little selfish and nasty non achiever can do to what was once a great thread.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #97,366
  • Aug 11, 2019 8:14pm Aug 11, 2019 8:14pm
Quoting eelfranz
Is that possible? Yes. Years ago when I retired I was looking for something to do. I attended a free local presentation about trading FX. My mind said "We can do that and make money too... from the recliner"... so the torture began as happens to all newbies... I bought one sure fire program for $2,300... saving $1,700 off the normal $4,000 price. Man... I'm on my way I thought. It was so difficult to understand and trade that I never made a dime... in fact I lost most of the time. When I called the companyit was all Greek to me... I thought a lot...

Post#1:

start reading all over again ... one post at a time and soon I will get to Post#12,912.

<>
Is that possible? Yes.

Years ago when I retired I was looking for something to do. I attended a free local presentation about trading FX. My mind said "We can do that and make money too... from the recliner"... so the torture began as happens to all newbies...

I bought one sure fire program for $2,300... saving $1,700 off the normal $4,000 price. Man... I'm on my way I thought. It was so difficult to understand and trade that I never made a dime... in fact I lost most of the time. When I called the companyit was all Greek to me... I thought a lot of good that 19 years of education is doing.

I said this is BS and went on to other systems. I switched to Demo trading for several years while studying old charts. What made them tick? Every method had quite a few rules, indicators...on & on.

I finally got fed up with them all... remembering the thoughts years before of "I can do this". Then why was I getting my butt kicked on a regular basis... so frustrating.

I wanted a method that was simple, worked on all timeframes, simple rules, few indicators.... that when looking at my simple chart it just shouted out what I needed to do and developed a method that is 70-80%+ wins for me on a regular basis. It took over 2 years to develop this method. I worked hard... late nights and weekends to. I was so hungry for success.

I hate trading 5min-15min-30min charts. Why? You have to monitor each trade from beginning to end and hope and pray you made a correct entry. I only trade 1hr charts during the the 1st 3 hours of the USA OPEN and 4hr trades at night. I check for set ups at 10pm Pacific,2am and close all 4 hour trades by 6am Pacific.... You ever woke in the morning popping on your puter and find you made 150 pips while you slept... guaranteed to put a smile on your face and a skip in your step.

I post a lot of training charts to drive it into your brains what to look for and how easy it can be... Just open your eyes, brain and pay attention and you'll be making pips soon...

You'll learn down the road that most of the stuff you have learned in the past is crap. I did. The list of rules in most methods will keep most dizzy... never building confidence... without confidence in your entries and exits you have nothing worth while.

We have a group of great traders who have been trading this method for 6-8 months already who will help you jumping in to answer your questions too.

I am very protectful of all our members. We don't have a stressful thread... no name calling allowed. I'll delete anyone who starts any problems. If you have a problem PM me and don't post it. If your not happy... please move on quietly. I'd do the same for you. You want Stress Free learning... come join us...

Really can't understand something... PM me your phone number and best time to call and I'll clear it up for you looking at an FXDD Demo chart so we are looking at the same chart.

You will need a MT4 platform to use our progam.

The key to this method is the Traders Dynamic Index indicator for entries and exits. I also use a Stochastics (8,3,3) indicator. It is ONLY used to confirm direction. Nothing else.

We only use Heiken Ashi candles... that's important.

We want you to be an active member asking questions, posting charts and making observations when possible.

Start trading a Demo account until you build your confidence and only then consider switching to a live account...

Disregard template posted below and see updates... Read the complete thread BEFORE ASKING QUESTIONS... YOU WON'T BE SORRY

See post #25 on page 2 for indicators...
<>
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #97,367
  • Aug 11, 2019 8:27pm Aug 11, 2019 8:27pm
Trading made simple has worekd in all timeframes and will continue to work in all timeframes....above Post#1.

Do not be afraid to trade the Weekly.

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD Week 33 Aug 12 to 16 TMS 5Method 12-08-2019 09-18-45.png Size: 46 KB


Examples by the OP link below:


Weekly trade examples
#700
https://www.forexfactory.com/showthr...00#post4582200
#1967
https://www.forexfactory.com/showthr...07#post4605507
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #97,368
  • Aug 11, 2019 8:34pm Aug 11, 2019 8:34pm
Quoting eelfranz
Hey Gang, You know I prefer to trade the the 1 & 4hr timeframes.... Don't be afraid to trade the Dailies for you working guys and gals. They generally have nice runs per reversal.... give it a try....
Don't be afraid to trade the Dailies for you working guys and gals. They generally have nice runs per reversal.... give it a try....

Here is my pick for today -

GBPNZD Week 33 Aug 12


Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZD Week 33 Aug 12 D1 12-08-2019 09-27-53.png Size: 43 KB


Trade Well and Trade Safe ... always trade with Stop Loss
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #97,369
  • Aug 11, 2019 8:36pm Aug 11, 2019 8:36pm
coming up next .... training charts....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #97,370
  • Aug 12, 2019 2:24am Aug 12, 2019 2:24am
Quoting VantHarp
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.
Quoting Pip-Miner
Tekkies and Emmanuel -two children fighting in the school yard and even worse hijacking a dead mans thread. Do us all a favour and open your own threads.
Van Tharp aka emmanuel7788 has already opened a new thread under username RobinHood
Videsha Mudal Welenda
  • #97,371
  • Aug 12, 2019 2:54am Aug 12, 2019 2:54am
Quoting emmanuel7788
{quote} I wanted a method that was simple, worked on all timeframes, simple rules, few indicators.... that when looking at my simple chart it just shouted out what I needed to do and developed a method that is 70-80%+ wins for me on a regular basis.

I hate trading 5min-15min-30min charts. Why? You have to monitor each trade from beginning to end and hope and pray you made a correct entry.
I really have a problem with these emphasized statements, because "hope and pray" indicates that the entry was nothing more than a guess, not the result of a PLAN! If the same method that WORKS ON ALL TIMEFRAMES leads to "hope and pray you made a correct entry" on one timeframe, then the same hoping and praying is done on ALL timeframes. What this is really telling me is that he has a personal bias against trading below H1 chart and presented an emotional rant.

This flies in the face of "I wanted a method that ... worked on all timeframes".
To free Gazans of Hamas, use whatever it takes.
  • #97,372
  • Aug 12, 2019 3:20am Aug 12, 2019 3:20am
Quoting DrDave
{quote} I really have a problem with these emphasized statements, because "hope and pray" indicates that the entry was nothing more than a guess, not the result of a PLAN! If the same method that WORKS ON ALL TIMEFRAMES leads to "hope and pray you made a correct entry" on one timeframe, then the same hoping and praying is done on ALL timeframes. What this is really telling me is that he has a personal bias against trading below H1 chart and presented an emotional rant. This flies in the face of "I wanted a method that ... worked on all timeframes"....

I don't believe that's the case at all. A poor choice of words perhaps, but nothing more than that. The lower the TF, the more 'noise' or whipsaw will likely be encountered. If for example, the GU pair was traded on a Daily chart, one could have held (and added to) a Sell trade since about the beginning of April. Not a lot of stress involved there. But, if one was to trade the same pair since the same date but using the M5 chart, there there would be multiple Buys and Sells all the way since April until now.....even though the overall trend is down. Of course it would be fooish to hold a (Buy) trade that is counter to the overall trend for long periods, but on a lower TF counter-trend trades can be done. But, trading against the overall trend (no matter what system is employed) is a risky business simply because the overall trend can (and does) resume sometimes with little or no warning. We know that Big E preferred to trade the H4 and that's obviously in his comfort zone. Likica trades M30, and does so very well. That is obviously in her comfort zone. Others I'm sure, will use the M15 and M5 TF, and that is THEIR comfort zone. It just depends on the trader as to which TF they prefer. If someone is a solid H4 TF trader, it is very likely that they will not be comfortable trading the M5 TF....no matter the system. They may well view the M5 and just 'noise', and trading 'noise' (to them) may seem like 'hope and pray' (that the overall trend doesn't resume and catch them with their pants down!!

I think that TMS has been successfully traded on pretty much all TF's, but it may be that BIG E was uncomfortable on the lower TF's. Nothing more, nothing less
Doing what you like is Freedom. Liking what you do is Happiness.
  • #97,373
  • Aug 12, 2019 3:53am Aug 12, 2019 3:53am
Quoting realjumper
{quote} I don't believe that's the case at all. A poor choice of words perhaps, but nothing more than that. The lower the TF, the more 'noise' or whipsaw will likely be encountered. If for example, the GU pair was traded on a Daily chart, one could have held (and added to) a Sell trade since about the beginning of April. Not a lot of stress involved there. But, if one was to trade the same pair since the same date but using the M5 chart, there there would be multiple Buys and Sells all the way since April until now.....even though the overall trend...
Although I agree with much of what you wrote, I still stand by my question of his his assertion that "works on all timeframes" but then goes on to imply with "hope and pray" that it does not work on some timeframes. It cannot be both.
To free Gazans of Hamas, use whatever it takes.
  • #97,374
  • Aug 12, 2019 4:01am Aug 12, 2019 4:01am
Quoting DrDave
{quote} Although I agree with much of what you wrote, I still stand by my question of his his assertion that "works on all timeframes" but then goes on to imply with "hope and pray" that it does not work on some timeframes. It cannot be both.

He didn't say 'hope and pray" that it does not work on some timeframes"

He said: "You have to monitor each trade from beginning to end and hope and pray you made a correct entry"

I explained above How someone who trades H4 might be uncomfortable trading lower TF's.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #97,375
  • Aug 12, 2019 4:02am Aug 12, 2019 4:02am
Quoting DrDave
{quote} I really have a problem with these emphasized statements, because "hope and pray" indicates that the entry was nothing more than a guess, not the result of a PLAN! If the same method that WORKS ON ALL TIMEFRAMES leads to "hope and pray you made a correct entry" on one timeframe, then the same hoping and praying is done on ALL timeframes. What this is really telling me is that he has a personal bias against trading below H1 chart and presented an emotional rant. This flies in the face of "I wanted a method that ... worked on all timeframes"....
Maybe you are right / maybe you are wrong. Every trader has his or her preferred time frame to trade.

Does TMS work on all timeframes? Yes it does.
Trading with TMS on M1 is not difficult. With a zero spread account with a low commission rate per trade it can be done. Just don't know how tired you are going to be at the end of each trading day.Constant concentration and fast reflects will tap you tired.
Move up with the time frames is start to be come more "relaxing" and less "hope and pray"
  • #97,376
  • Aug 12, 2019 4:11am Aug 12, 2019 4:11am
Quoting Tekkies
{quote} What piece of the puzzle is used here Emmanuel. {image}
The same puzzle is repeated.
Attached Image (click to enlarge)
Click to Enlarge Name: selfde.PNG Size: 55 KB
  • #97,377
  • Aug 12, 2019 4:16am Aug 12, 2019 4:16am
Quoting Tekkies
{quote} The same puzzle is repeated. {image}
Great catch as always
  • #97,378
  • Aug 12, 2019 4:50am Aug 12, 2019 4:50am
Quoting realjumper
{quote} He didn't say 'hope and pray" that it does not work on some timeframes" He said: "You have to monitor each trade from beginning to end and hope and pray you made a correct entry"
You mis-interpreted what I said. Your cutting my sentence and taking the latter piece out of context definitely gives the reader wrong information.
I said, "... but then goes on to imply with 'hope and pray'..." .Now, if we simply add the full text of his statement, it does not change at all what I stated originally.
It most definitely does not support your statement.
Quote
I explained above How someone who trades H4 might be uncomfortable trading lower TF's.
That is not relevant to the points that I raised.

Here is his text about developing the method.
Quote
I wanted a method that was simple, worked on all timeframes, ... and developed a method that is 70-80%+ wins for me on a regular basis. It took over 2 years to develop this method.
Clearly, he wanted a method that worked on all timeframes, then he developed such a method over a period of 2 years.
But then, he continues with
Quote
I hate trading 5min-15min-30min charts. Why? You have to monitor each trade from beginning to end and hope and pray you made a correct entry.
I think we all agree that he does not say the method he developed cannot be used to trade the timeframes below H1. However, the implication is that IF one should try to use the method to trade on those small timeframes, then "You have to monitor each trade from beginning to end and hope and pray you made a correct entry." So, if using the method to trade on timeframe N, where N {5,15,30}, one must include "hoping and praying" about the entry, then if it is THE SAME METHOD being applied to ALL timeframes, then "hoping and praying" about the entry must be part of the method and must be applied to entries on all timeframes! And "hoping and praying" further implies a stressful situation, which, although not explicitly stated here we know from later posts, he wanted to avoid.

So again, if it is indeed a method that works on all timeframes and provides a low stress experience, then this is not the method, because it provides on SOME timeframes a stressful experience that leads to invoking "hoping and praying" about making correct entries.
To free Gazans of Hamas, use whatever it takes.
  • #97,379
  • Aug 12, 2019 4:54am Aug 12, 2019 4:54am
Quoting Tekkies
{quote} The same puzzle is repeated. {image}
- M15 crossed over
H1 kept the trade open
- Green angle at 5:30
Attached Image (click to enlarge)
Click to Enlarge Name: selfde2.PNG Size: 54 KB
  • #97,380
  • Aug 12, 2019 4:58am Aug 12, 2019 4:58am
Quoting DrDave
{quote} You mis-interpreted what I said. Your cutting my sentence and taking the latter piece out of context definitely gives the reader wrong information. I said, "... but then goes on to imply with 'hope and pray'..." .Now, if we simply add the full text of his statement, it does not change at all what I stated originally. It most definitely does not support... That is not relevant to the points that I raised. Here is his text about developing the method. {quote} Clearly, he wanted a method that worked on all timeframes, then he developed such a method over a period of 2 years. But then, he continues with {quote} I think we all agree that he does not say the method he developed cannot be used to trade the timeframes below H1. However, the implication is that IF one should try to use the method to trade on those small timeframes, then "You have to monitor each trade from beginning to end and hope and pray you made a correct entry." So, if using the method to trade on timeframe N, where N {5,15,30}, one must include "hoping and praying" about the entry, then if it is THE SAME METHOD being applied to ALL timeframes, then "hoping and praying" about the entry must be part of the method and must be applied to entries on all timeframes! And "hoping and praying" further implies a stressful situation, which, although not explicitly stated here we know from later posts, he wanted to avoid. So again, if it is indeed a method that works on all timeframes and provides a low stress experience, then this is not the method, because it provides on SOME timeframes a stressful experience that leads to invoking "hoping and praying" about making correct entries.

No, I didn't misinterpret.....you miss quoted Big E. But I'm not interested in arguing semantics. Lets look at this from a mathematical and logical standpoint.

The stochastic and the TDI are just oscillators, and the 5 EMA is just a moving average.Those indicators are calculated based on a formula *of the TF being viewed*....therefore the calculations for the H4 and M5 are based on the exact same formula. So, any perceived unreliability simply cannot be the fault of the system....it's impossible!!

Trading shorter TF's introduces the 'noise' element as we have discussed. But that 'noise' element is separate to and in no way related to the indicators and system. Trading 'noise' (lower TF's) is something that freaks out some people while other revel in it. That's the nature of the beast and has nothing to do with the system because the employed indicators are calculated from the same formula regardless of the TF, and therefore necessarily MUST give the indication which is pertinent to the TF viewed.
Doing what you like is Freedom. Liking what you do is Happiness.
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