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Trading Made Simple

  • #99,121
  • Edited Nov 21, 2019 12:24am Nov 20, 2019 11:04pm | Edited Nov 21, 2019 12:24am
Quoting emmanuel7788
{quote} Tekkies asked: "How is it possible to control the market like this? " Well, my simple answer is you are a small retail trader and you are in no position to control the market. Learn and trade SMART when you are not clever like the market is. Three timeframes are better than two. When the price action and HA candles are below its 5EMA we follow Post#3044 and Post#3418 {image} {image} {image} and one day you will arrive at Post#2617 {image}
No thank you. M15H1 suit me fine.
---------
Why do you give instructions how to trade when the question was: "How is it possible to control the market like this? "
Is the assumption all readers (trader's) want to trade like Post#2617 - no indicators.
Well, don't.
Do you think Davit will stop using Pivot to "one day arrive at Post#2617. Try and spin your post to Davit or any trader that has his /her method and see what happens.
Your answer is meaningless and with out substance.
----
Look at the chart's, read the question.
(received via PM)
We retailers can't know where orders are sitting in Forex like we can in futures contracts like e-mini S&P 500. But the commercial banks DO see the orders!!!! So they know exactly how many buy and sell orders are at a specific price, and what size the contracts are. This is why it is said that Forex is rigged--BECAUSE IT IS!!!! When you see those kind of crazy spikes and swings, one or more big banks decided to collect some money from retailers and possibly clean out orders at those levels so that they can now move price EXACTLY where they want it to go before making the big trend.

Similar situation for DAX.
----
Post 99,115
Does it fully answer the question "How is it possible to control the market like this? ".
Who or what has the "power" to keep price at that level for so long.
Who or what has the "power" to drop price like that.
edit:
after Post 99,123 Answer: " one or more big banks decided "
  • #99,122
  • Edited 11:30pm Nov 20, 2019 11:05pm | Edited 11:30pm
Tekkies, you promised.
You, yourself is not that bright either.
Google search: how much money does it take to move the forex market
  • #99,123
  • Nov 21, 2019 5:58am Nov 21, 2019 5:58am
30 Nov 21

Looking good in 3mins
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,124
  • Nov 21, 2019 5:30pm Nov 21, 2019 5:30pm
Quoting emmanuel7788
{quote} AUDUSD Nov 20 Tokyo Open Nice bullish D1 yesterday but not enough to break the Daily range and now we have a Master Candle @BRN 0.6800 ... an opportunity for breakout traders. {image} TMS 5-Method charts below: with 10EMA, 50EMA and 200 EMA {image} a lot depends on USD the rest of this week so I watch closely the three amigos.

AUDUSD Nov 22 Sydney Open

yesterday was nice, it tested the Weekly WRB Low 0.6810 and dropped lower ... selling was good

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more downside today Nov 22 to end this week with lower low ... with that Daily Mother Bar/Inside Bar breakout ...maybe?

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,125
  • Nov 21, 2019 5:37pm Nov 21, 2019 5:37pm
Quoting Tekkies
{quote} No thank you. M15H1 suit me fine. --------- Why do you give instructions how to trade when the question was: "How is it possible to control the market like this? " Is the assumption all readers (trader's) want to trade like Post#2617 - no indicators. Well, don't. Do you think Davit will stop using Pivot to "one day arrive at Post#2617. Try and spin your post to Davit or any trader that has his /her method and see what happens. Your answer is meaningless and with out substance. ---- Look at the chart's, read the question. (received via PM)...

another one of Tekkies nonsense rubbish post.
do your believe that the markets are rigged...REALLY?

as usual, rash and impulsive bevahiour like he posted in Davit' Pivot Trading thread (below) and then got his post deleted...

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use your brain Tekkies and think carefully when you write and before you post again. You are making a fool of yourself everyday.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,126
  • Nov 21, 2019 5:41pm Nov 21, 2019 5:41pm
Quoting emmanuel7788
30 Nov 21 Looking good in 3mins {image}
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it is the same PA setup engulfing and outside bars/candles ... small and follow with big candles

but it just did not have 'enough time' and liquidity to run as the European market sessions closing.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,127
  • Nov 21, 2019 6:08pm Nov 21, 2019 6:08pm
Quoting emmanuel7788
{quote} DE30 Nov 21 Tokyo Open It was a nice day for those selling and chasing that Tuesday' Pin Bar. Market tested the old weekly support 13071.9 which we see in our Big Picture. We poor retail traders will never know where the volume of buyers and sellers are. TMS traders look for setups which more often than not the market will set up the retail traders. Some traders believe in following the smart money moves the market. Will it test that 13071.9 again today? How many times will it test that level in LTF? {image} {image}

DE30 Nov 22 Tokyo Open

with two swing high and swing low on Daily,

and H4 PA is above its 5EMA.

Today will look for trading in LTF just like yesterday, did a few M1 scalping entry trades shown below on H2.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,128
  • Edited Nov 22, 2019 2:10am Nov 21, 2019 10:48pm | Edited Nov 22, 2019 2:10am
Tekkies, you promised not to feed the troll.
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Only a member can delete his own post within 24 hours.
FF admin (upon request by members via Cleanup) based on the context of the post.
Poor old Tekkies, he posted such a offensive post that FF admin removed it. Don't worry folk's Emmanuel preserved it for all to see.
-----
edit: Got nothing to do? Staring at the candle's going up / down? From this Post 2,264 follow trail of the rigged Forex market.
We, us the small guys are swimming in a sea with some very, very big megalodon's.
  • #99,129
  • Nov 22, 2019 3:03am Nov 22, 2019 3:03am
Quoting emmanuel7788
{quote} DE30 Nov 22 Tokyo Open with two swing high and swing low on Daily, and H4 PA is above its 5EMA. Today will look for trading in LTF just like yesterday, did a few M1 scalping entry trades shown below on H2. {image} {image}

DE30 Nov 22 London session

the day has not end yet but I like what I see now and my week will close GREEN...

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when you "Got nothing to do?" ... DON'T DO IT HERE! go and troll somewhere else.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,130
  • Edited 7:54am Nov 22, 2019 7:39am | Edited 7:54am
While the market is rigged and not much to do:
Attached Image

Post#309
When you enter a trade using the TDI.. watch PA as it arches back and forth to the yellow 5ema line...
If it's arching back to the yellow line... don't panic and just jump out.. If PA looks strong around the 5ema line... stay in the trade until the TDI tells you different (exit rules)... Give your trades some latitude to breathe... use your brain... does PA still look good? No small candles forming? Flow with your trades... Demo until you build confidence... study old charts...

Post#718
At one time I used the 5ema in a different way. Back then if a candle closed across the 5ema it was the set up candle.
I would enter the trade at the beginning of the next candle if it was the same color.... and that still works... this is more conservative...
I am more aggressive now and noticed I was giving up some pips doing it that way so I changed to using the TDI candle #1 or 2 for entries.
I left it on my chart because I like to see how PA interacts with the 5ema line during the trade.
Gives me a better feel for what's going on... that's mainly the reason...
----
- Where price is on that chart take note of the resistance level.
- How many long wicks to the upside got pushed down / pushed up?
- What about consolidation?

BigE's advice in this thread is all you need to become successful.
Download BigE Full.pdf. Study / practice / Google search every post in that pdf until you understand what BigE was posting about.

I hope Emmanuel preserved this one as well.
  • #99,131
  • Nov 22, 2019 6:27pm Nov 22, 2019 6:27pm
It is weekend again and Here we go again ...

Introduction to Trading Made System

To learn what Trading Made Simple is, you have to follow the trading journey of the OP eelfranz aka Big E. He started as a newbie in 2008. Know the history and you will learn a lot from the OP and when you have mastered the 5-Method, you can then move on and develop your own trading system following how he did his. Many traders have moved on to trade their own systems.

Trading Made Simple for beginners : Post#52,707

A short history by pioneer member snarlyjack Post#110

Our late OP eelfranz aka Big E spent 6,000 hours: Post#6 and he evolved as a trader and went on and developed two trading methods.
5-Method and 21/233 Method Post#3018, Post#4104,

After months of postings and answering many frequently asked questions FAQs,
eelfranz made the jump to this new Trading Made Simple thread on 26 April 2011... Post#4432

In Post#1, he explained how he traded the H4 chart timeframe and he also traded the H1 chart during the NY session. This suited his lifestyle being retired and the time zone he lived. Sadly he passed away in Oct 2012.

Two very important posts: Post#261 and Post#647, give a simple summary of what this 5-Method is and the basic forex stuff we check before we look for the TDI setups to trade.

TMS 5-Method Basic Rules: Post#53,841
Always check the #1- Price Action first, then #2- TDI Post#3142
Big E wanted us to build this TMS thread together... Post#4,432

The original indicators and template Post#25
When you are overwhelmed (information overload) by the number of posts and the loads of information and variations shared by other traders here, the best thing to do is to stop reading and go back to the basics what Big E mentioned in his 463 posts in this thread and 861 posts in the CHS thread. First you learn and master the 5-Method first before you start add your own tweaks and make a new system.

Recommendations:
Read all of Big E posts... 861posts in the Craig Harris Stochastics thread and 463 posts in this TMS thread....and make notes on those training charts he posted. Pay attention whenever he mentioned PA and what you see on his training charts.

Learn the basic stuff about forex trading first. A good place to start is www.babypips.com/school

If you want to trade the way Big E described in Post#1, make sure you use his template , the Synergy APB / HA candles and use that TDI Red Green version. These are in Post#25.

Important to Note that the TDI Red Green version repaints all the bars in history so you cannot use this when you do back-testing by scrolling back your charts. The better way is to run this in live market and trade the TMS setups based on what you see without refreshing your charts. When you want to trade with entries on the APB#1 and APB#2 candles, always wait for the price bar/candle to close and use the TDI to confirm the setup.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,132
  • Nov 22, 2019 7:17pm Nov 22, 2019 7:17pm
Quoting emmanuel7788
{quote} DE30 Nov 22 London session the day has not end yet but I like what I see now and my week will close GREEN... {image} when you "Got nothing to do?" ... DON'T DO IT HERE! go and troll somewhere else.
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DE30 Nov 22 H4 'spike'

how do you trade and survive that kind of H4 candles?

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"Market is rigged"

How to trade a "rigged market"? You need two strategies.

You need to have a 'bulletproofed' money management strategy and have the mental strategy to trade 'rigged markets'.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,133
  • Nov 22, 2019 7:31pm Nov 22, 2019 7:31pm
about FF thread titles...

FF is a fun place with many such threads,

"90% of traders lose money! True or False?"
https://www.forexfactory.com/showthread.php?t=39527

how many percent of TMS traders lose money?

only an idiot would post and tell you such nonsense (#99,131)
<>
BigE's advice in this thread is all you need to become successful.
Download BigE Full.pdf. Study / practice / Google search every post in that pdf until you understand what BigE was posting about.
<>

Read what make more sense is this post by hanover which is worth spending your time reading and learning from.

https://www.forexfactory.com/showthr...09#post1504909
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,134
  • Edited 1:55am Nov 23, 2019 1:20am | Edited 1:55am
What is the difference between:
BigE's advice in this thread is all you need to become successful.
Download BigE Full.pdf. Study / practice / Google search every post in that pdf until you understand what BigE was posting about.
and Post 99,132
Both say the same: Study what BigE has posted.
------
Go one step further
Google search every post in that pdf until you understand what BigE was posting about.

In Post#7577 BigE wrote: For those newbies go to www.babypips.com and learn about basic forex principals..
- How many traders understand and apply (or even go to babypips) all the basic forex principals?
- BigE did not post about money managment, babypips have it already.

Go one step more
Hanover: Post 18
Let's build upon this platform further:
1. Trade the pair(s) where the average daily range is greatest, relative to the spread cost.
2. Trade the pair that pits the strongest currency against the weakest currency, fundamentally and/or technically.
3. Trade only in the direction of the longer term trends (NZDUSD is a good current example, where the uptrend aligns itself nicely with both rising NZ interest rates and also positive carry).
4. Trade only the strongest (long, steep and/or consistent) long term trends.
5. In a longer term uptrend, enter when the shorter term trend is oversold, and take some profit when it's overbought. Vice versa for a downtrend.
6. Exploit the trend further by allowing profit on the remainder of the position to ride as long as possible.

BigE
Post#647: Am I in an uptrend or downtrend.. short & long term...
Post#63: .............. Setting them up that way generally means the top chart is moving in one direction and the one directly below moves in the opposite direction..

Hanover spoon feed readers 6 point's
BigE mentioned only uptrend / downtrend and how he apply's Hanover Nr 2 in post#63.

Do you understand what BigE was posting about.

I make the assumption that BigE only posted a fraction of what he knew about trading. He pointed you in a direction and your hunger to become a successful trader to go that one step further:
THINK FOR YOUSELF
#2617 ......... I can take you to water but I can't make you drink...
---------
Here is one for Emmanuel
Post 99,126 do your believe that the markets are rigged...REALLY?
Post 18 v) Less opportunity for broker manipulation

Post 99,126
use your brain Tekkies Emmanuel and think carefully when you write and before you post again. You are making a fool of yourself everyday.
  • #99,135
  • Nov 23, 2019 1:31am Nov 23, 2019 1:31am
Tekkies restrain yourself. You made a promise.
Stop wasting your time with Emmanuel.
You can follow BigE's advice you can follow Realjumper's advice in this case.

Realjumper even spoon fed you the reasons why
Post 97,909

You really should ignore him Tekkies, he's an under achiever and has been his whole life long and by attacking you, and you responding, he thinks it's impressing the newbies.....and it may be, but those of us who know better can see through his childish and condescending arrogance. Put him on ignore and let him post his bullshit.
  • #99,136
  • Nov 24, 2019 7:13pm Nov 24, 2019 7:13pm
DE30 Week 48 Market open GAP up ...

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very entertaining week as usual with the 'floating man'.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,137
  • Nov 24, 2019 7:18pm Nov 24, 2019 7:18pm
DE30 Week 48 Nov 25 to 29

Weekly is 'spinning tops' for 2 weeks... some technical traders think this is indecision.

My preferred direction is to buy when the HA candles are above its 5EMA. This works with all timeframes - Daily, H4, H1 and M15.

The rest is the Money Management strategy and Mental strategy the mental fitness of the trader to trade in all market conditions.

Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,138
  • Nov 24, 2019 7:41pm Nov 24, 2019 7:41pm
Quoting Tekkies
{quote} Now wonder you hate TDI Emmanuel. Why place 5,6 when: - market is ranging - Stoch does not confirm direction - Wicks are long at the top - TDI green is moving away from level 68...

hey Tekkies

You are wrong again.

I don't hate the TDI. There are so many different versions posted all over the place in Forex Factory. You can't simply hate so many .... TDis, indicators, people, etc.
Life is short.
Be happy.

I follow Big E' posts many years ago and I build up more confidence after many years of experience trading made simple 5-Method.

These three posts helped me a lot over the past 7 years and I hope these would also help many others to evolve to become better traders.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,139
  • Nov 24, 2019 7:59pm Nov 24, 2019 7:59pm
Quoting emmanuel7788
{quote} DE30 Nov 22 Tokyo Open with two swing high and swing low on Daily, and H4 PA is above its 5EMA. Today will look for trading in LTF just like yesterday, did a few M1 scalping entry trades shown below on H2. {image} {image}
DE30 Week 48

with the weekend GAP up, I got lucky and took profit.

now with one re-entry and two buy limit orders using the H8 APB/HA candle average price to build to a full basket.

always have an initial stop loss as your risk 'R' and do your trade positions size. No matter what happens later today the trade risk remains the same 'R'.


Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,140
  • Nov 24, 2019 8:08pm Nov 24, 2019 8:08pm
Quoting emmanuel7788
{quote} USDCHF Daily I don't trade any CHF pairs but I follow swissie on daily basis and I will know when it is not mirroring my favourite EURUSD. looking at it now, it is in compression and unlikely to get any good swings of 3 to 8 candles... wait for it to burst again. the moving averages - 10EMA, 50EMA and 200EMA are congesting. the Weekly is just choppy ... one week up next week down... and its range is not attractive. {image} EURUSD look prettier to trade. if you do your weekly top down analysis and know the Big Picture, you will see that Weekly...
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USDCHF Daily update Week 48 Nov 25

There is a break of that narrow range but is that enough for more buying?

Note, it is the 4th HA candle...

can you trade this 4th HA candle? YES!

but where do you place your initial stop loss as your risk 'R' ?

Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF Week 48 Nov 25 update breakout 25-11-2019 10-00-25.png Size: 56 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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