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Trading Made Simple

  • #99,221
  • Nov 28, 2019 2:51am Nov 28, 2019 2:51am
USDJPY Nov 28 M15 London Open hour

here is a live example of a M15 swing low

look at the price action of the 5 bars/candle, the Stcoh and the two different TDI versions in same sub-window (refreshed re-painted the past and now recent bars are still actual)

but H4 is in consolidation so I wait ...

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Nov 28 M15 LO hour 28-11-2019 16-47-10.png Size: 46 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,222
  • Nov 28, 2019 2:54am Nov 28, 2019 2:54am
Quoting Tekkies
{quote} Give up Lisat. It is seldom if every that Emmanuel will admit to a incorrect post. Why did you not receive a floating man trophy like I did with Post 99,197
Don't worry Tekkies I have no interest in arguing with Emmanuel over anything. People are not stupid in general and will come to their own conclusions about it, I know what is fact and what isn't so thats all I care about. They can also see previous posts of Emmanuels which are there for all to see.
Success means going from failure to failure without loss of enthusiasm
  • #99,223
  • Nov 28, 2019 3:03am Nov 28, 2019 3:03am
EURUSD Nov 28 M15 Frankfurt session

another M15 example

after watching those videos you would be able to interpret this M15 chart and learn what the OP Big E learned from the Craig Harris NFF system and how he would adapt and apply that knowledge to trade.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Nov 28 M15 example swing low 28-11-2019 16-57-35.png Size: 51 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,224
  • Nov 28, 2019 3:05am Nov 28, 2019 3:05am
Quoting lisat
{quote}Don't worry Tekkies I have no interest in arguing with Emmanuel over anything. People are not stupid in general and will come to their own conclusions about it, I know what is fact and what isn't so thats all I care about. They can also see previous posts of Emmanuels which are there for all to see.

people are discerning and they can read , study and learn on their own and take what works for them.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,225
  • Nov 28, 2019 3:10am Nov 28, 2019 3:10am
Quoting Tekkies
{quote} Any time. Will leave it up to you to explain that sell order. - Remember to follow post#647, not your assumption or options. {image}

when I apply Post#647, I won't be selling today. it is very simple ... H4 big candle seen to the far left on M15.

I am still buying today and now with 3 open positions nett entry price 13229.83 ....


Attached Image (click to enlarge)
Click to Enlarge Name: DE30 Nov 28 M15 H1 H4 28-11-2019 17-07-43.png Size: 77 KB



and my current big picture below of the Daily and Weekly, it is Month-end closing today.

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Click to Enlarge Name: DE30 Nov 28 Weekly and Daily 28-11-2019 17-11-58.png Size: 48 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,226
  • Nov 28, 2019 4:33am Nov 28, 2019 4:33am
Quoting Tekkies
{quote} Give up Lisat. It is seldom if every that Emmanuel will admit to a incorrect post.

Exactly!! As the saying goes: 'You can't learn anything, if you think you already know everything!'
Doing what you like is Freedom. Liking what you do is Happiness.
  • #99,227
  • Nov 28, 2019 4:37am Nov 28, 2019 4:37am
Quoting Tekkies
{quote} Indicator's and Price Action lag price, both relay on what happened in the past. Take the price action: BEEB/BEOB candle for example. What is the time span for the engulfing bar to cover the previous bar? Will that not depend on the timeframe use? So BEEB/BEOB will be 15min late on M15 and 60min late on H1. The same with TDI. Have to wait for the crossover to complete. ---- Would say use what you understand and find comfortable to trade with.

Quite right...I've made this very point in this thread myself. Of course Pinocchio states that what the whole worlds calls 'Price Action', he calls something different. But then again...he knows everything there is to know about....well...everything. So he must be right and the rest of the world must be wrong!


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Doing what you like is Freedom. Liking what you do is Happiness.
  • #99,228
  • Nov 28, 2019 4:38am Nov 28, 2019 4:38am
Attached Image
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,229
  • Nov 28, 2019 4:51am Nov 28, 2019 4:51am
EURUSD Nov 28 M15 with H4

In most cases of the swing high with reversal candle, the Stoch(8,3,3) will cross before the TDI.

However in this example below, both the Stoch and TDIs (two versions) cross down at the close of the reversal candle.

But the price action is making higher high with higher Close and is a breakout of the H4 Mother Bar/Inside Bar .

Do Not trade blindly the TDI green cross red and thinking the oscillators are in over-bought region.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Nov 28 M15 with H4 28-11-2019 18-40-27.png Size: 58 KB


wait and see if we have a new swing low ...

watch these videos learn EVERYTHING that Big E learned back in 2008 and 2010.

Swing High Low

How To spot a true Reversal Candle webinar
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,230
  • Nov 28, 2019 5:07am Nov 28, 2019 5:07am
Quoting realjumper
{quote} Exactly!! As the saying goes: 'You can't learn anything, if you think you already know everything!'
In support of your saying and with BigE's post#115 ......A Normal entry is when green crosses red on the TDI (and you can actually see the green on the other side).
I gave up. Newbies? Well they get blindside by Mister KnowAll.
Related to Post 1,162
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  • #99,231
  • Nov 28, 2019 5:15am Nov 28, 2019 5:15am
Quoting Tekkies
{quote} In support of your saying and with BigE's post#115 ......A Normal entry is when green crosses red on the TDI (and you can actually see the green on the other side). I gave up. Newbies? Well they get blindside by Mister KnowAll. {image}

posting only winning trades does not mean anything when you have not reach consistency in 36 months.

only the naive will be blindsided people posting only winning trades all the time.


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,232
  • Nov 28, 2019 5:26am Nov 28, 2019 5:26am
Some counter-trend trade setups do work but are risky

EURAUD M15 example of a swing high with reversal candle and Stoch cross signal. The TDI bounce with the next M15 candle close.

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD Nov 28 M15 with H4 28-11-2019 19-22-34.png Size: 48 KB


now again I wait for a swing low setup to buy.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,233
  • Nov 28, 2019 5:35am Nov 28, 2019 5:35am
Quoting Tekkies
{quote} In support of your saying and with BigE's post#115 ......A Normal entry is when green crosses red on the TDI (and you can actually see the green on the other side). I gave up. Newbies? Well they get blindside by Mister KnowAll. Related to Post 1,162 {image}
comparing Tekkies non-TMS chart and Big E TMS chart Post#261

Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies EURGBP H1 trade 28-11-2019 19-31-39.png Size: 71 KB


it is always the same, look for swing low and reversal candle with Stoch and TDI signal.

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.

HA Candles are important because it makes your trading way less stressful... use them.

Stoch's is nothing but confirmation. If Stoch's & the TDI give different signals... lights flash off and on warning me to take a closer look before entering.. and usually I look for another trade.

5 ema... shows direction currently... only wanting to enter on candle 1 or two. If there is a reversal do I have a TDI signal to enter... if not and all looks strong then enter on candle 2... use some discretion... practice on Demo... take some chances and see if yor head computer was right... it's free.

HA Candles... What are their size? If they are small I will usually go find another set up... Look for consolidation... look for how close PA is to supp/res levels... use your brain !

Believe it or not you have to participate and think... until it's so second nature... there is nothing to it... it's so simple... don't complicate it or you will lose...

Attached Image (click to enlarge)
Click to Enlarge Name: EUGGBP Nov 28 H1 28-11-2019 19-30-14.png Size: 47 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,234
  • Nov 28, 2019 5:49am Nov 28, 2019 5:49am
Quoting emmanuel7788
{quote} posting only winning trades does not mean anything when you have not reach consistency in 36 months. only the naive will be blindsided people posting only winning trades all the time. {image}

Wow, two trophies, must do something right. Every time Tekkies caught you with a incorrect post you reward him with a floating man and the catch phrase "consistency in 36 months".

It not about "posting only winning trades all the time", it is about understanding what BigE has posted in this thread.
- Get the trade entry at the right time, right place is just imported as when to close a trade.
- Wrong trade entry can not be saved with Money Management, it can only minimize / reduce / prevent further loss.
- Those "posted" winning trades show what to look for.

Even a dumb expert advice that follow BigE's advice that ..A Normal entry is when green crosses red on the TDI (and you can actually see the green on the other side) has considered that fact has placed an order accordeling.

This Expert Advice is showing readers how incorrect your post is.
Attached Image (click to enlarge)
Click to Enlarge Name: assumption.PNG Size: 114 KB

----
Tekkies, back off, you made a promise not to respond to ...............
  • #99,235
  • Nov 28, 2019 5:59am Nov 28, 2019 5:59am
Quoting Tekkies
{quote} Wow, two trophies, must do something right. Every time Tekkies caught you with a incorrect post you reward him with a floating man and the catch phrase "consistency in 36 months". It not about "posting only winning trades all the time", it is about understanding what BigE has posted in this thread. - Get the trade entry at the right time, right place is just imported as when to close a trade. - Wrong trade entry can not be saved with Money Management, it can only minimize / reduce / prevent further loss. - Those "posted"...
money management strategy is important much more important than the method using oscillators like the Stoch and TDI.

therefore my conclusion after 7 years trading TMS 5-Method is still this below:

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
  • #99,236
  • Nov 28, 2019 6:25am Nov 28, 2019 6:25am
Quoting emmanuel7788
{quote} money management strategy is important much more important than the method using oscillators like the Stoch and TDI. therefore my conclusion after 7 years trading TMS 5-Method is still this below: 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.
Why do you post in this thread when TDI is not in the winning edge equation?

Grow a backbone Emmanuel.
Start your own thread where the TDI indicator is not used.
Leave this thread alone where the OP BigE have used the TDI indicator since post#1
  • #99,237
  • Nov 28, 2019 6:28am Nov 28, 2019 6:28am
Quoting Tekkies
{quote} Why do you post in this thread when TDI is not in the winning edge equation? Grow a backbone Emmanuel. Start your own thread where the TDI indicator is not used. Leave this thread alone where the OP BigE have used the TDI indicator since post#1
“Never argue with stupid people, they will drag you down to their level and then beat you with experience.”

Tekkies, then you are a dumb wit. By respond to his posts you de-grade yoursell to a level below stupid.
Follow Lisar:
Don't worry Tekkies I have no interest in arguing with Emmanuel over anything. People are not stupid in general and will come to their own conclusions about it, I know what is fact and what isn't so thats all I care about. They can also see previous posts of Emmanuels which are there for all to see.
  • #99,238
  • Nov 28, 2019 6:36am Nov 28, 2019 6:36am
Quoting Tekkies
{quote} Why do you post in this thread when TDI is not in the winning edge equation? Grow a backbone Emmanuel. Start your own thread where the TDI indicator is not used. Leave this thread alone where the OP BigE have used the TDI indicator since post#1
You mean after all the 3 years you have been reading my post and you still don't get it why .

Here is repeat repeat post for Tekkies,

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 you can then move on and develop your own trading system following how he did his.

try this,

Here is a quick introduction to this Trading Made Simple thread:
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
If 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.

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.

Enjoy and Have fun during your learn to trade journey.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,239
  • Nov 28, 2019 6:39am Nov 28, 2019 6:39am
Quoting Tekkies
{quote} “Never argue with stupid people, they will drag you down to their level and then beat you with experience.” Tekkies, then you are a dumb wit. By respond to his posts you de-grade yoursell to a level below stupid. Follow Lisar: Don't worry Tekkies I have no interest in arguing with Emmanuel over anything. People are not stupid in general and will come to their own conclusions about it, I know what is fact and what isn't so thats all I care about. They can also see previous posts of Emmanuels which are there for all to...
Tekkies, you are not dumb but really stupid when you use that quotation used by Davit.

I can borrow some of Davit's post on your stupidity.

That's the stupidity of it criticizing something you are clueless about.

perhaps even plain stupidity how else to accuse anyone without slightest evidence!

level of stupidity is staggering

The stupidity I read here daily is amazing to me!

have the audacity and stupidity to question me!

just can't understand stupidity of these people!

staggering stupidity that I can't even comprehend

Wow stupidity has no limits
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #99,240
  • Nov 28, 2019 6:41am Nov 28, 2019 6:41am
Quoting Tekkies
{quote} Wow, two trophies, must do something right. Every time Tekkies caught you with a incorrect post you reward him with a floating man and the catch phrase "consistency in 36 months". It not about "posting only winning trades all the time", it is about understanding what BigE has posted in this thread. - Get the trade entry at the right time, right place is just imported as when to close a trade. - Wrong trade entry can not be saved with Money Management, it can only minimize / reduce / prevent further loss. - Those "posted"...

Only a dumb person coding that expert advisor has not clue how to interpret Post#647 and sell blindly with the TDI green cross red and selling into a support and poor reward to risk ration.

I strongly recommend that dumb coder watch these videos and learn how to code a proper trade manager expert advisor.

watch these videos learn EVERYTHING that Big E learned back in 2008 and 2010.

Swing High Low

How To spot a true Reversal Candle webinar
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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