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Trading Made Simple

  • #98,241
  • Oct 10, 2019 11:51pm Oct 10, 2019 11:51pm
Quoting emmanuel7788
{quote}I don't waste time here because every post I make will help at least one person who reads and understands and that person learns.
Impossibly. He will only learn to change / swape indicaros / method every few weeks.
Like:
- this month: Stoch crossover
- last month: Robin's, smTMMS indicator
- preceding month: REVERSAL candle
- preceding month: PA before TDI
- preceding month:............... To many to mention them all.

Readers only have to read your old posts over the years to see how you are all over the show.
Always trying to introduce new indicator's, methods into this thread.
Where is the consistency you post so much about?
  • #98,242
  • Oct 11, 2019 12:15am Oct 11, 2019 12:15am
Quoting Tekkies
{quote} Top chart histogram all red. Botton chart histogram. all green. Which one is correct? If it is the same indicator why the difference? Repainting on chart refresh? Get rid of the indicator. While you are at it compare the wicks on both charts to each other. They are not the same either. You posted two charts with different indicators used. That will lead to conflict of interest and confusement with in you. Which chart is correct? Which chart indicators did you used to place the order. Edit: Look at the angle of TDI. One is pointing up, one...
This one here Tekkies. Sorry, ignore the other one.
But yes, the second chart bottom histogram now shows all green because of the bullish movement.

Thanks,
Attached Image (click to enlarge)
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  • #98,243
  • Oct 11, 2019 12:26am Oct 11, 2019 12:26am
Quoting neoaus
{quote} Thanks Emmanuel. Follow up on newbie questions from post #646. - Do you have any chart examples showing the yellow highlights? Not sure what he meant here: Look at the candles on the left reversal, big, little, what.. and Are the previous candles small.. And stay away from trading in consolidation... Many thanks, {image}

Hi neoaus

I know you are referring to that image which is Post#647.

The best qualified person to answer you would be someone who has about 10 years trading the stock markets in the 1990's, plus having 6,000 hours of forex trading experience and had spent 2 years developing the 5-Method which is what Trading Made Simple thread title is about.

I would not pretend to be that person and talk like an expert in this thread. I have been trading with the COWABUNGA system and also the Synergy system for more than 10 years. My trading had evolved over the years and I know the trading style of Big E and it would be very difficult for anyone to be able to trade like he did.

But first, have you read the old thread where the 5-Method started?

There are many things you need to learn and know. These are the things which Big E learned in his 6,000 hours plus that 2 years in developing systems.

The advice I would give now is go and start reading his old thread and better to read also all his others posts in other threads in Forex Factory. You will learn a lot more and also will get to know the person behind the pseudo name eelfranz aka Big E.

In the old thread, you will learn two very important things which will help you interpret on your trading charts those yellow highlight of Post#647.

If you still have not learn what Swing High / Swing Low and How to spot a true reversal candle,

Learn everything the OP learned when he started the old thread.

These are two important videos posted in his old thread and now available via vimeo:

Swing High Low

How To spot a true Reversal Candle webinar

Unfortunately those Craig Harris videos on Natural Flow Forex NFF system are no longer public available and only available to his membership subscription.

At the moment, you can ignore Post#97,973. Very limited knowledge and experience as I can see in what written in one post which does not address the the complete bigger picture what Big E would have see on his charts.

There are other members with many more years trading and have shared in their knowledge and experience in this thread, learn from them first. Look up those names who were often posting and helping others in the old thread - two names, NeoRio and piptalk who were Big E trusted members. I also read all their posts in the old thread.

Have Fun, its going to be a long journey ... can last 10 years, but if you spend 3 to 5 hours every day doing the right things, you will make it in 2 to 3 years.

I did and I have seen many people becoming traders in that period of time.
Attached Image (click to enlarge)
Click to Enlarge Name: Big E Post#647.png Size: 119 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,244
  • Oct 11, 2019 12:36am Oct 11, 2019 12:36am
Quoting Tekkies
{quote} Impossibly. He will only learn to change / swape indicaros / method every few weeks. Like: - this month: Stoch crossover - last month: Robin's, smTMMS indicator - preceding month: REVERSAL candle - preceding month: PA before TDI - preceding month:............... To many to mention them all. Readers only have to read your old posts over the years to see how you are all over the show. Always trying to introduce new indicator's, methods into this thread. Where is the consistency you post so much about?
hey Tekkies

have you smell the coffee yet?

correction to what you wrote in your usual rash and haste manner... I do admire you passion in this thread.

that smTMMS thing is not RobinHood' method. smTMMS=TradingMadeMoreSimple by SwingMan, and sm=SwingMan

over the last 10 years, I tried many things the way Big E did between 2008 and 2011. I can tell you what work and what wont work with Trading Made Simple 5-Method. Those indicator tried and tested by Big E in his old thread, some worked and some did not work for his trading style.

With my 10 years experience now, I can tell people to stick with the 5-Method as the core trading methodology. Develop your own winning system that fit you.

Therefore my conclusion has been:

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
  • #98,245
  • Edited 4:53am Oct 11, 2019 1:30am | Edited 4:53am
Quoting emmanuel7788
{quote} hey Tekkies have you smell the coffee yet? correction to what you wrote in your usual rash and haste manner... I do admire you passion in this thread. that smTMMS thing is not RobinHood' method. smTMMS=TradingMadeMoreSimple by SwingMan, and sm=SwingMan over the last 10 years, I tried many things the way Big E did between 2008 and 2011. I can tell you what work and what wont work with Trading Made Simple 5-Method. Those indicator tried and tested by Big E in his old thread,...
You need to find your WINNING EDGE and the TDI is not in the winning edge equation.
Hmmm. Logic dictates that if TDI is not in the winning edge equation, then it needs to be removed form the equation because it adds nothing important, but does use up resources.

Quoting emmanuel7788
I can tell people to stick with the 5-Method as the core trading methodology.
But we already know that he TDI is the heart of the 5-Method, so your logic of "the TDI is not in the winning edge equation" makes no sense.
To free Gazans of Hamas, use whatever it takes.
  • #98,246
  • Oct 11, 2019 3:44am Oct 11, 2019 3:44am
DE30 Oct 11 M15 Price Action scalping

with 'stack TDIs' or simply multiple TDI in sub-windows

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Oct 11 M15 TDI-3SW234 11-10-2019 16-35-44.png Size: 39 KB


what is 'stack TDIs'?

Post#3523

does it work?

Post#3541
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,247
  • Oct 11, 2019 4:21am Oct 11, 2019 4:21am
GBPJPY Oct M30 huge POP Gun PA

saw this late, not the best entry price... nevertheless, small risk$$$

it is the M30 that closes the last H4 candle.

HA candle Price ACtion with Stoch cross Up signal and the TDI green confirms...

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJYP Oct 11 M30 POP Gun trade 11-10-2019 17-18-59.png Size: 42 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,248
  • Oct 11, 2019 4:43am Oct 11, 2019 4:43am
Quoting emmanuel7788
{quote} Hi neoaus I know you are referring to that image which is Post#647. The best qualified person to answer you would be someone who has about 10 years trading the stock markets in the 1990's, plus having 6,000 hours of forex trading experience and had spent 2 years developing the 5-Method which is what Trading Made Simple thread title is about. I would not pretend to be that person and talk like an expert in this thread. I have been trading with the COWABUNGA system and also the Synergy system for more than 10 years. My trading had evolved...
Thanks Emmanuel. Appreciate your time, efforts, support, ongoing educational contribution and including everyone else's to help getting beginners like myself off the ground. We really need people like yourselves, not just good traders but good teachers as well, to help us become better traders over time.

In the middle of reading the 5-Method. Great videos. Thanks again.
  • #98,249
  • Oct 11, 2019 5:01am Oct 11, 2019 5:01am
Quoting emmanuel7788
DE30 Oct 11 M15 Price Action scalping with 'stack TDIs' or simply multiple TDI in sub-windows {image} what is 'stack TDIs'? Post#3523 does it work? Post#3541
EelFranz said in his post that the stacked TDIs were of no benefit for him. So they are not part of the 5-method. And I don't recall finding them a part of any other method connected with EelFranz' journey. So why did you decide to add them? The 5-method suddenly not good enough? If you want to teach something that deviates from the TMS teachings, then why not just open a new thread that deals with the new system? That also gives you the benefit of being the thread starter with all of the power for banning, etc.
To free Gazans of Hamas, use whatever it takes.
  • #98,250
  • Oct 11, 2019 5:46am Oct 11, 2019 5:46am
Quoting DrDave
{quote} EelFranz said in his post that the stacked TDIs were of no benefit for him. So they are not part of the 5-method. And I don't recall finding them a part of any other method connected with EelFranz' journey. So why did you decide to add them? The 5-method suddenly not good enough? If you want to teach something that deviates from the TMS teachings, then why not just open a new thread that deals with the new system? That also gives you the benefit of being the thread starter with all of the power for banning, etc.

well, the 'stack TDIs' did not fit his aggressive reversal entry style using his H1 and H4 chart timeframes. Dean Malone 'stack TDI' is mostly scalping M5,M15 and M30 which Big E did not like to trade.

Synergy is a conservative method which uses the PAC 5SMMA High-Low.

Big E' 5-Method uses price action with the 5EMA, Typical Price, Shift+3 which makes a big difference in picking the reversal candles APB/HA candles #1 and #2.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,251
  • Oct 11, 2019 5:48am Oct 11, 2019 5:48am
Quoting emmanuel7788
GBPJPY Oct M30 huge POP Gun PA saw this late, not the best entry price... nevertheless, small risk$$$ it is the M30 that closes the last H4 candle. HA candle Price ACtion with Stoch cross Up signal and the TDI green confirms... {image}

GBPJPY Oct 11 M30 trade update

set to breakeven and TP @ BRN 137.00 let the market decide.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY Oct 11 M30 breakeven 11-10-2019 18-46-29.png Size: 38 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,252
  • Oct 11, 2019 5:57am Oct 11, 2019 5:57am
Quoting emmanuel7788
{quote} well, the 'stack TDIs' did not fit his aggressive reversal entry style using his H1 and H4 chart timeframes. Dean Malone 'stack TDI' is mostly scalping M5,M15 and M30 which Big E did not like to trade. Synergy is a conservative method which uses the PAC 5SMMA High-Low. Big E' 5-Method uses price action with the 5EMA, Typical Price, Shift+3 which makes a big difference in picking the reversal candles APB/HA candles #1 and #2.
Why did you post another "non-answer" answer? You reiterated information that anyone who has read the posts already knows.
Did you miss this in my post?
Quoting DrDave
EelFranz said in his post that the stacked TDIs were of no benefit for him. So they are not part of the 5-method. And I don't recall finding them a part of any other method connected with EelFranz' journey. So why did you decide to add them? The 5-method suddenly not good enough?
Why not address this matter?
To free Gazans of Hamas, use whatever it takes.
  • #98,253
  • Oct 11, 2019 6:24am Oct 11, 2019 6:24am
Quoting emmanuel7788
{quote} GBPJPY Oct 11 M30 trade update set to breakeven and TP @ BRN 137.00 let the market decide. {image}

GBPJPY Oct 11 M30 trade closed.

on the dot BRN 173.00

+173 pips

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY Oct 11 M30 trade closed 173pips 11-10-2019 19-21-24.png Size: 25 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,254
  • Oct 11, 2019 6:29am Oct 11, 2019 6:29am
Quoting DrDave
{quote} Why did you post another "non-answer" answer? You reiterated information that anyone who has read the posts already knows. Did you miss this in my post? {quote} Why not address this matter?

it did not benefit Big E as he said so.

well I learned that in 2011 and tested that and find that it works for me as add-on when I trade the 5-Method.

I still use the same TDI I have from CompassFX in 2007 and the 5-Method still work with that early version of the TDI.

PERIOD.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,255
  • Oct 11, 2019 6:36am Oct 11, 2019 6:36am
DE30 Oct 11 M15

HA reversal candle
Stoch cross UP signal
TDI green will ... in 11minutes

Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Oct 11 M15 pre-NYO 11-10-2019 19-33-30.png Size: 40 KB


NY Open soon... be careful!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,256
  • Oct 11, 2019 6:39am Oct 11, 2019 6:39am
Quoting emmanuel7788
{quote} I still use the same TDI I have from CompassFX in 2007 and the 5-Method still work with that early version of the TDI. PERIOD.
A bit strange you should say that, what about what you posted here? https://www.forexfactory.com/showthr...1#post12414831
Quote
my decision to drop the TDI in 2017 was the right one. Just use the plain old common indicators Stoohastics and RSI.
no wonder you confuse people with your posts.
Success means going from failure to failure without loss of enthusiasm
  • #98,257
  • Oct 11, 2019 6:42am Oct 11, 2019 6:42am
Oh well, Just blew my account over GJ. Thank god I had withdrawn most of the profits earlier this month anyways and lost "only" £1300.
I have had a Negative month during September And an even worst start to October after 9 months of green.
What would you advise me to do now? Should I take a Break?
Or maybe trade with low capital to get the confidence back?
Blowing the account here is not an issue since I knew I was on Tilt and withdrew most of the money.
How do I get out of this tilt?
Thanks for the help.
  • #98,258
  • Oct 11, 2019 6:49am Oct 11, 2019 6:49am
Quoting lisat
{quote}A bit strange you should say that, what about what you posted here? https://www.forexfactory.com/showthr...1#post12414831 {quote} no wonder you confuse people with your posts.
hey lisat


oh I see.

I dropped the TDI versions found here FF.

I did mention in other posts that I reverted back to the original source which is the Fozzy-RSI.
"Just use the plain old common indicators Stoohastics and RSI."

Reason is when I made my 3 years trade plan for 2018 to 2020, this is for trading the medium and longer term swings on Daily and Weekly.
When I trade intraday like today's GBPJPY example, I still have my good old original TDI from 2007 template.

Sorry folks when you are confused.

Better you do not read my posts. You should all put me in your ignore list. Thank you very much.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,259
  • Oct 11, 2019 6:58am Oct 11, 2019 6:58am
Quoting emmanuel7788
DE30 Oct 11 M15 HA reversal candle Stoch cross UP signal TDI green will ... in 11minutes {image} NY Open soon... be careful!
Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Oct 11 M15 pre-NYO 11-10-2019 19-33-30.png Size: 40 KB


Now you compare and see for yourself what I meant Stoch cross signal and TDI confirms.


Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Oct 11 M15 TDI updates after candle closed 11-10-2019 19-55-55.png Size: 34 KB


Did I make a mistake?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #98,260
  • Oct 11, 2019 7:10am Oct 11, 2019 7:10am
TMS Monitor Oct 11 NY Open H1

lots of 'signals' ... crazy Friday
Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor NYO 11-10-2019 20-08-16.png Size: 35 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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