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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

  • #97,681
  • Aug 27, 2019 7:22pm Aug 27, 2019 7:22pm
AUDNZD Weekly chart swing trading. Aug 28.

With profit locked now , let the market decide how far north it wants to go.... stress free.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD Aug 28 trades weekly update 28-08-2019 08-11-08.png Size: 58 KB


other examples of Weekly chart trading by Big E:

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
  • #97,682
  • Aug 27, 2019 7:35pm Aug 27, 2019 7:35pm
Just comparing Trading Made Simple(r) template below - same price action and only common indicators in use.
Big E lost 70% of his vision and this template would have cause him eyes fatigue if he stares at this for too long. Hence he removed as many lines as possible when he blended other systems/methods in making it simple for him

TMS(r) template

Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD TMSr template 28-08-2019 08-23-50.png Size: 58 KB


TMS original basic template

Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD Weekly TMS basic 28-08-2019 08-27-59.png Size: 46 KB


and one more... TradingMadeMoreSimpler by SwingMan
trading is visual ...

Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD TMMS 28-08-2019 08-30-14.png Size: 42 KB


trading made simple is evolving ... I LIKE!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #97,683
  • Aug 28, 2019 2:28am Aug 28, 2019 2:28am
Hello Emmanuel
On your template post 97 697 of 28-August, you have a moving average that I can not reproduce.
Can you send us this indicator?
thank you in advance

Best regards
(I am French, sorry for my English)
  • #97,684
  • Edited 3:13am Aug 28, 2019 3:02am | Edited 3:13am
Got nothing to do, USTEC and DE30 are in consolidation. So what why not check if TMS really did evolve into something better.
What a disappointment.
Are traders really that gullible to take a tumble for any new indicator's. Don't they compare indicators against each other and do some back testing / forward test on the same chart and time frame, testing the pro / con's between indicators.

This is a fast and dirty comparison. Did not check for repainting, when does a new gray/red/green histogram been plot, nor are the rules applied to use the indicators. The test is done on what the indicators are currently showing what happened in the past / hindsight trading. Augustus 2019

Please you need to do your own testing to validate what is posted here.
This is how I did it.
---
Draw v-lines on every complete bar after price has cross the Zero line, with out looking at the main chart.
TDI is done as previous posted
Yellow V-line > Sell, Blue V-line > Buy
Attached Image

Attached Image (click to enlarge)
Click to Enlarge Name: setting1.PNG Size: 85 KB

Connect the v-lines with a trend line.
Blue = profit, Yellow = loss, Buy order from bottom of candle, Sell order from top of candle
Attached Image

An overview of both indicators.
Attached Image (click to enlarge)
Click to Enlarge Name: setting4.PNG Size: 114 KB

Export the trend lines values to Excel
You can check for errors yourself.
You don't feel like wasting time, a picture to show results.
Attached File(s)
File Type: xlsx Export to File Name de30.xlsx   20 KB | 333 downloads

Attached File(s)
File Type: xlsx Export to new indie.xlsx   15 KB | 335 downloads

Attached Image (click to enlarge)
Click to Enlarge Name: setting5.PNG Size: 81 KB
  • #97,685
  • Edited 5:58am Aug 28, 2019 5:31am | Edited 5:58am
Will price break Support level?
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  • #97,686
  • Aug 28, 2019 8:03am Aug 28, 2019 8:03am
Tekkies - remember post 97,641

I don't trade a strategy, I trade with a understanding of price mechanics and can see the traps the Algo Sets.
We can't win unless the market is manipulated heavy, because the traps set by the Algo can be seen then traded with good profitability.
Attached Image (click to enlarge)
Click to Enlarge Name: tekkies gu.png Size: 147 KB
Trading thin liquidity at the boundary of the charts
  • #97,687
  • Edited 9:20am Aug 28, 2019 9:09am | Edited 9:20am
Quoting Tekkies
Got nothing to do, USTEC and DE30 are in consolidation. So what why not check if TMS really did evolve into something better. What a disappointment. Are traders really that gullible to take a tumble for any new indicator's. Don't they compare indicators against each other and do some back testing / forward test on the same chart and time frame, testing the pro / con's between indicators. This is a fast and dirty comparison. Did not check for repainting, when does a new gray/red/green histogram been plot, nor are the rules applied to use the indicators....
Hi Tekkies, many pairs in forex have been in consolidation this month (I do not trade DE30 but it looks to me that it consolidate too). I see you compare BIGE style of trading with RoobinHood's methods (smTMMS indicator). My view is that in consolidation it doesn't work well because the entries are late when the price make sharp turns and the price run only a few candle in one direction before it turn again. But it work very well when price is trending. RoobinHood uses this indicator only on pair with a clear trend. So the smTMMS indicator should be used on pairs with a clear trend.

BIGE style fits better in consolidation because you can get in earlier and catch some pips before the price turn again. But BIGE style it's more difficult for new traders because you get a lot of signals and you have to learn to filter which trade setups are the good ones.
  • #97,688
  • Aug 28, 2019 9:20am Aug 28, 2019 9:20am
Quoting RickM
Tekkies - remember post 97,641 I don't trade a strategy, I trade with a understanding of price mechanics and can see the traps the Algo Sets. We can't win unless the market is manipulated heavy, because the traps set by the Algo can be seen then traded with good profitability. {image}
Have forgotten about GBPUSD.
Really starting to like that Algo of yours. Should write to her/him a thank you letter for all the nice pips he is so willing to give.
-----
In hindsight it looks like BigE's Trading Made Simple can work with Miss Algo.
-----
Rick, I would rather stick to what I know and understand.
Attached Image (click to enlarge)
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  • #97,689
  • Aug 28, 2019 9:29am Aug 28, 2019 9:29am
Quoting Tekkies
{quote} Have forgotten about GBPUSD. Really starting to like that Algo of yours. Should write to her/him a thank you letter for all the nice pips he is so willing to give. ----- In hindsight it looks like BigE's Trading Made Simple can work with Miss Algo. ----- Rick, I would rather stick to what I know and understand.
Attached Image (click to enlarge)
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That is too many profitable, easy trades in a row. That is illegal, isn't it?
To free Gazans of Hamas, use whatever it takes.
  • #97,690
  • Aug 28, 2019 9:37am Aug 28, 2019 9:37am
Quoting DrDave
{quote} WOW! Your commentary on some of your own "system", on which your trade mostly H1, speaks volumes! post #2 {quote} "Sometimes, I will win! Sometimes, I will lose! Sometimes, I Hope&Pray, because ALL OF THE TIME, my system is, as anyone can see, not really a system."
Speaking of being down pips... you're down 60 pips on your cadjoy trade? Are you going to wait for it to reverse and take your 10 pip profit? Down 60 to make 10? Wow!! What an amazing trader you are!

Your thread is also killing it. I can't believe someone who trades Demo for 44 days is already giving traders advice on how to trade. Seems like Forex Factory just repeats itself over and over again.

This is why I don't waste my time on here with penny traders like yourself. All talk and blown accounts in months. Next!
You will learn the most from your losing Trades
  • #97,691
  • Aug 28, 2019 9:39am Aug 28, 2019 9:39am
Quoting kirinda
{quote} Hi Tekkies, many pairs in forex have been in consolidation this month (I do not trade DE30 but it looks to me that it consolidate too). I see you compare BIGE style of trading with RoobinHood's methods (smTMMS indicator). My view is that in consolidation it doesn't work well because the entries are late when the price make sharp turns and the price run only a few candle in one direction before it turn again. But it work very well when price is trending. RoobinHood uses this indicator only on pair with a clear trend. So the smTMMS indicator...
Emmanuel introduced the smTMMS indicator (trying again to divert this thread away from TDI). All I did was to fetch that indicator from Robin's thread. Don't know the pro's or con's of that indicator, only did a crude comparison and posted my findings.
By what you have posted and the results (hindsight) I will stay away from using that indicator.
----
Your own post condemn smTMMS to the dustbin.
How do you know when price is trending and when it is in consolidation? You don't see those condition to the right of price, you see them on the left side of price.
Robin might know what to look for, does a newbie have the same knowledge as Robin?
  • #97,692
  • Edited 9:56am Aug 28, 2019 9:44am | Edited 9:56am
Quoting Chenzo25
{quote} Speaking of being down pips... you're down 60 pips on your cadjoy trade? Are you going to wait for it to reverse and take your 10 pip profit? Down 60 to make 10? Wow!! What an amazing trader you are! Your thread is also killing it. I can't believe someone who trades Demo for 44 days is already giving traders advice on how to trade. Seems like Forex Factory just repeats itself over and over again. This is why I don't waste my time on here with penny traders like yourself. All talk and blown accounts in months. Next!
Thank you for your words of encouragement. Considering you have no clue about my system, you have no basis for making any critique of it, or of me. But you are welcome to speculate and make all the assumptions that you want.

By the way, you need to work on your reading comprehension. Try reading post #1 again and come back with what you find about trading advice.

Also, you seem to have poor math skills. My CADJPY never exceeded 50 pips negative. (Still plenty of room to the SL.) And now, I am not down anything on that trade, anymore than someone who shows +100 pips at one moment is up 100 pips because the trade could close for -20 pips, +200 pips, no body know until it is closed. Unrealized pips mean very little.
To free Gazans of Hamas, use whatever it takes.
  • #97,693
  • Aug 28, 2019 10:05am Aug 28, 2019 10:05am
Quoting DrDave
{quote} Thank you for your words of encouragement. Considering you have no clue about my system, you have no basis for making any critique of it, or of me. But you are welcome to speculate and make all the assumptions that you want. By the way, you need to work on your reading comprehension. Try reading post #1 again and come back with what you find about trading advice. Also, you seem to have poor math skills. My CADJPY never exceeded 50 pips negative. (Still plenty of room to the...
?????

Plenty of room to SL?! So for 10 pips your SL is 60? 70? Please stop.. You're embarrassing yourself. I'll let you be a fraud like the rest
You will learn the most from your losing Trades
  • #97,694
  • Aug 28, 2019 10:19am Aug 28, 2019 10:19am
Quoting skyway
{quote} Hi Rick, last week algo aimed for the uppermost blue box but failed to reach it on Thursday. Then on friday returned to rest at the bottom target blue box. This week algo likely aim for the top lime box then drop down target the bottom lime box later in the week. {quote} I think we should stop posting about this on bigE's thread. Not sure where to post this.
Made this post last weekend, this is the update pic. Hindsight is foresight.
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  • #97,695
  • Aug 28, 2019 10:37am Aug 28, 2019 10:37am
Quoting Chenzo25
{quote} ????? Plenty of room to SL?! So for 10 pips your SL is 60? 70? Please stop.. You're embarrassing yourself. I'll let you be a fraud like the rest
Jealousy does not become you.
To free Gazans of Hamas, use whatever it takes.
  • #97,696
  • Aug 28, 2019 10:41am Aug 28, 2019 10:41am
Quoting Chenzo25
{quote} Speaking of being down pips... you're down 60 pips on your cadjoy trade? Are you going to wait for it to reverse and take your 10 pip profit? Down 60 to make 10? Wow!! What an amazing trader you are! Your thread is also killing it. I can't believe someone who trades Demo for 44 days is already giving traders advice on how to trade. Seems like Forex Factory just repeats itself over and over again. This is why I don't waste my time on here with penny traders like yourself. All talk and blown accounts in months. Next!
Interesting. At first, it appeared to me that you were wasting your time here. But clearly, because you don't waste your time on here... , you have found something of value and are spending more time here gathering even more value. Thank you for your recognition.
To free Gazans of Hamas, use whatever it takes.
  • #97,697
  • Aug 28, 2019 10:44am Aug 28, 2019 10:44am

Mudslinging with out Tekkies being the target? Strange things do happen inside FF.
  • #97,698
  • Aug 28, 2019 10:49am Aug 28, 2019 10:49am
Quoting Tekkies
Mudslinging with out Tekkies being the target? Strange things do happen inside FF.
Well, you know that when a person has a trading "system" that is based on hope and pray, his psyche does not allow recognition of the failure of such a system, resulting in emotional upset and a need to find a target onto which to focus his failure.
To free Gazans of Hamas, use whatever it takes.
  • #97,699
  • Aug 28, 2019 11:09am Aug 28, 2019 11:09am
Quoting Chenzo25
{quote} ????? Plenty of room to SL?! So for 10 pips your SL is 60? 70? Please stop.. You're embarrassing yourself. I'll let you be a fraud like the rest
We all know you want to show us your latest new Mercedes you brought from this year forex winnings so cut the rubbish and just show the car
Trading thin liquidity at the boundary of the charts
  • #97,700
  • Aug 28, 2019 12:05pm Aug 28, 2019 12:05pm
Quoting Tekkies
{quote} Emmanuel introduced the smTMMS indicator (trying again to divert this thread away from TDI). All I did was to fetch that indicator from Robin's thread. Don't know the pro's or con's of that indicator, only did a crude comparison and posted my findings. By what you have posted and the results (hindsight) I will stay away from using that indicator. ---- Your own post condemn smTMMS to the dustbin. How do you know when price is trending and when it is in consolidation? You don't see those condition to the right of price, you see them...
Here is what Robin do: https://www.forexfactory.com/showthr...2#post12308512
But remember that Robin post a set of methods not a system so it's up to the trader how he use these methods.

For myself I only trade 4H so I look on the direction of the price on daily to decide the trend. I do not need indicators to see the trend.
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