Trading Made Simple | Page 5108 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

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

Attachments: Trading Made Simple
Exit Attachments

Trading Made Simple

  • #102,141
  • Mar 29, 2020 6:53pm Mar 29, 2020 6:53pm
Quoting emmanuel7788
{quote} {image} EURUSD Mar 27 Daily trade closed. Plan your Trade, Trade your Plan. I closed both positions after London session closed. Took +128pips. {image} Rule#1 : The market pays you to be disciplined.

EURUSD Week 14 Mar 30 to Apr 03

Plan your Trade, Trade your Plan

continuation trade from the last reversal on Mar 25.
're-investing' profits made last week.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Mar 30 Daily trade open 30-3-2020 7-45-08 am.png Size: 55 KB


remember the OP Post#8703 "... test the Daily..." and that post was Jul, 2011... now is Mar 2020.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,142
  • Mar 29, 2020 7:09pm Mar 29, 2020 7:09pm
There are "many ways to skin a cat"

and there are also many ways to make money and grow an account.

Example Post#8703 will work in certain market type conditions.

Learn to seize the opportunities when they present themselves.
Adapt your trading systems to trade the market type conditions.
Develop different trading systems to trade in different market types.

Study this EU Daily chart below and learn.

lean how the OP did his multiple entries in his old thread and adapt to trading TMS 5-Method.

Attached Image (click to enlarge)
Click to Enlarge Name: EU Feb 2020 test MESE 30-3-2020 8-01-42 am.png Size: 21 KB


How do you keep your Equity above your Balance? Simple but not EASY!

Attached Image (click to enlarge)
Click to Enlarge Name: TMS TDI Dailt MESE Feb 2020 30-3-2020 8-03-04 am.png Size: 10 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,143
  • Mar 29, 2020 10:03pm Mar 29, 2020 10:03pm
Quoting emmanuel7788
{quote} good thing I got out last week ...early. this week, my bank advise me to stand aside and wait for the next decision. now I look at GBPUSD and AUDSGD to hedge my other immovable assets. another thing we need to listen to and look out for is when the a few smart money say they reduce their short-selling positions plus hedged positions, we know their "problem".
Thank you v much for sharing your thoughts and experience emm
  • #102,144
  • Mar 29, 2020 11:32pm Mar 29, 2020 11:32pm
Quoting emmanuel7788
{quote} {quote} hi ecryptom to add to my reply post above, we need to be careful when we read members post in public forums like FF. an example is this post by Tekkies (Post#73,461) where he provided wrong information about the TDI Red Green being non-repainting. The TDI Re Green in Post#25 is a repainting indicator used by the OP. This TDI version is unique because it updates the lines only at the Close of the price bar/candle. It hold these line fixed on your charts...
You still don't get it.
Post#25 TDI does not repaint any crossover. Period.
The re-painting ONLY happen with chart refresh or restart of terminal.

Traders don't trade crossover's that happened in the past, they trade the crossover on the active open bar.
BigE did not re-freshed his charts.
  • #102,145
  • Mar 29, 2020 11:45pm Mar 29, 2020 11:45pm
Quoting emmanuel7788
There are "many ways to skin a cat" and there are also many ways to make money and grow an account. Example Post#8703 will work in certain market type conditions. Learn to seize the opportunities when they present themselves. Adapt your trading systems to trade the market type conditions. Develop different trading systems to trade in different market types. Study this EU Daily chart below and learn. lean how the OP did his multiple entries in his old thread and adapt to trading TMS 5-Method. {image} How do you keep your Equity above your Balance?...
Thank you for confirming Post 102,062
Attached Image (click to enlarge)
Click to Enlarge Name: confirm.PNG Size: 162 KB
  • #102,146
  • Mar 30, 2020 12:00am Mar 30, 2020 12:00am
Quoting Tekkies
{quote} Thank you for confirming Post 102,062 {image}

hey Tekkies

You are an IDIOT!

my post #102,144 does not confirm your Post #102,062 which show the re-painted TDI. There is nothing to learn from your post#101,062 when you draw on hindsight charts.

You missed the details because you only looked at the TDI and ignore everything else.
Pay attention to details ... look at the Price Action , look att the APB/HA candles, study the reversal setups,
Pay attention to the entries and exit ... it is Multiple Entries / Single Exit... ME/SE.
Pay attention to the market conditions Weeks before the start of Feb 2020 and how the market conditions changed from one market type to the new market type.

Now start you own forward testing of Post#8703 and post your charts and results.
Quoting eelfranz
I'm going to do a test on the Daily charts. When green crosses red I'll stay in until green crosses red again. I'll report the results in a week or so... I'll only enter if the candles are medium length or larger... wish me luck ...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,147
  • Mar 30, 2020 12:05am Mar 30, 2020 12:05am
Quoting DrDave
{quote} tehsusu, currency strength has nothing to do with Trading Made Simple. You can find thousands of posts related to it. Ask your questions about it on one of those threads.
ok thanks Dave! Ill go search up on it. Just reading more about different strategies, but i think trading made simple is the easiest to understand so far. good job guys!

thanks for all the replies
  • #102,148
  • Mar 30, 2020 12:09am Mar 30, 2020 12:09am
Quoting emmanuel7788
{quote} hi tehsusu It is good to be learning new things everyday. Never stop learning when you want to become a trader and you will to become a Super Trader one day. About those currency strength meters, these are nice tools which were not common during the years 2006 to 2011 when the OP of this thread started his trading journey. The OP Big E was learning to trade the retail spot forex market and he attended seminars and subscribed to a few traders like Craig Harris, Dean Malone, Lance Beggs and a few others. Knowing these commercial professional...

Thanks so much Emmanuel7788,

yes im now actively reading this forum to see what i can learn from it, as i would like to master trading effectively. thanks for the context given, as i am quite new to this and now really putting in more energy into it. so was reading up abit more on the different indicators and finding out what they are meant for.

really love this forum and this thread!

i am also looking at medium term trading, maybe holding ranging from a day to a few days or weeks. just looking at all the information i have in this forum now.
  • #102,149
  • Mar 30, 2020 12:11am Mar 30, 2020 12:11am
Quoting Tekkies
{quote} You still don't get it. Post#25 TDI does not repaint any crossover. Period. The re-painting ONLY happen with chart refresh or restart of terminal. Traders don't trade crossover's that happened in the past, they trade the crossover on the active open bar. BigE did not re-freshed his charts.
@Tekkies

after 4 years trading with the TDI you still have not learned.

That TDI#25 repaints. PERIOD.
If you had paid attention to details you would have seen the re-painting happens also when there is extreme price moves.

Does not matter now what you say and write in this thread.
You were wrong in your Post#73,461 and your recent post already proven you to be wrong. That website which your provided link to also proved that you are wrong.
Quoting Tekkies
Some advice for TDI indicators https://forex-station.com/viewtopic....38#p1295362638
Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies post 73,461 wrong information.png Size: 502 KB


Grow up and be a Man. Admit that mistake and move on.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,150
  • Mar 30, 2020 12:18am Mar 30, 2020 12:18am
Quoting emmanuel7788
{quote} hey Tekkies You are an IDIOT! my post #102,144 does not confirm your Post #102,062 which show the re-painted TDI. There is nothing to learn from your post#101,062 when you draw on hindsight charts. You missed the details because you only looked at the TDI and ignore everything else. Pay attention to details ... look at the Price Action , look att the APB/HA candles, study the reversal setups, Pay attention to the entries and exit ... it is Multiple Entries / Single Exit... ME/SE. Pay attention to the market conditions Weeks before the start...
WOw, did you blow a gasket?
Enjoy your day Emmanuel.
TDI is KING
  • #102,151
  • Mar 30, 2020 12:23am Mar 30, 2020 12:23am
Quoting emmanuel7788
{quote} @Tekkies after 4 years trading with the TDI you still have not learned. That TDI#25 repaints. PERIOD. If you had paid attention to details you would have seen the re-painting happens also when there is extreme price moves. Does not matter now what you say and write in this thread. You were wrong in your Post#73,461 and your recent post already proven you to be wrong. That website which your provided link to also proved that you are wrong. {quote} {image} Grow up and be a Man. Admit that mistake and move on.
When does the re-painting happen?
Only respond with One or Two
One > While you trade with Post#25 TDI.
Two > After you have re-fresh chart.
  • #102,152
  • Mar 30, 2020 12:28am Mar 30, 2020 12:28am
Quoting Tekkies
{quote} WOw, did you blow a gasket? Enjoy your day Emmanuel. TDI is KING

@Tekkies

No blown gasket. You have leaky valves.

Your TDI is KING. So your KING is repainting whenever he likes
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,153
  • Mar 30, 2020 12:30am Mar 30, 2020 12:30am
Quoting Tekkies
{quote} When does the re-painting happen? Only respond with One or Two One > While you trade with Post#25 TDI. Two > After you have re-fresh chart.

see Post#102,154 above

and

study all the OP's training charts.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,154
  • Mar 30, 2020 12:36am Mar 30, 2020 12:36am
Quoting Tekkies
{quote} You still don't get it. Post#25 TDI does not repaint any crossover. Period. The re-painting ONLY happen with chart refresh or restart of terminal. Traders don't trade crossover's that happened in the past, they trade the crossover on the active open bar. BigE did not re-freshed his charts.
Tekkies wrote: Traders don't trade crossover's that happened in the past, they trade the crossover on the active open bar. BigE did not re-freshed his charts

But go back to Post#2 Training chart

Quoting eelfranz
1st Trading Chart... Note on the TDI showing your entry set ups... green crossing red enter on that new PA candle... {image}
Attached Image (click to enlarge)
Click to Enlarge Name: Post 2Training Chart.png Size: 119 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,155
  • Mar 30, 2020 12:36am Mar 30, 2020 12:36am
Quoting emmanuel7788
{quote} @Tekkies No blown gasket. You have leaky valves. Your TDI is KING. So your KING is repainting whenever he likes
Yet, you tell reader's to use Post#25 TDI.
Pinnacle of contradictions.

Quoting emmanuel7788
{quote} see Post#102,154 above and study all the OP's training charts.
Don't duck and dive the question, Emmanuel.

For once in this thread give a straight answer to a simple question.
One or Two
  • #102,156
  • Mar 30, 2020 12:45am Mar 30, 2020 12:45am
Quoting Tekkies
{quote} Yet, you tell reader's to use Post#25 TDI. Pinnacle of contradictions. {quote} Don't duck and dive the question, Emmanuel. For once in this thread give a straight answer to a simple question. One or Two

@Tekkies

there is no contradiction in what I said many times over and over again.

I already answered those questions. Read my posts above and do not expect to be spoon-fed.

it is you who is very confused because of your mental bias and very poor reading skills.

read below, the yellow highlighted :

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.

Enjoy and Have fun during your learning journey..
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,157
  • Mar 30, 2020 12:53am Mar 30, 2020 12:53am
Quoting emmanuel7788
{quote} @Tekkies there is no contradiction in what I said many times over and over again. I already answered those questions. Read my posts above and do not expect to be spoon-fed. it is you who is very confused because of your mental bias and very poor reading skills. read below, the yellow highlighted : 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...
Post 102,153
When does the re-painting happen?
Only respond with One or Two
One > While you trade with Post#25 TDI.
Two > After you have re-fresh chart.
Post 102,157
Don't duck and dive the question, Emmanuel.
For once in this thread give a straight answer to a simple question.
One or Two
  • #102,158
  • Mar 30, 2020 1:01am Mar 30, 2020 1:01am
Quoting Tekkies
{quote} Post 102,153 When does the re-painting happen? Only respond with One or Two One > While you trade with Post#25 TDI. Two > After you have re-fresh chart. Post 102,157 Don't duck and dive the question, Emmanuel. For once in this thread give a straight answer to a simple question. One or Two

@Tekkies

You have a serious mental bias and very poor reading skills.

All your questions were answered today posts.

But its okay if you have new questions ...

Unless you mastered this method already... keep the questions or concerns coming. Post your Demo trades too.

Continue making Demo trades to build your confidence and study old charts where the TDI gives clean signals... it will pay you in spades... well, pips in our case...
Post#160
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,159
  • Mar 30, 2020 1:04am Mar 30, 2020 1:04am
Quoting Tekkies
{quote} Two cents The difference is in a few lines of MQL4 programing TDI Red Green.mq4 (non repainting) for (i=limit-1;i>=0;i--) The -1 sets the counter to bar 1. Bar 1 is closed and red /green will not change TDI RealTime.mq4 (repainting) for(int i=limit; i>=0; i--) The -1 removed sets counter to bar 0. Bar O is open and is rising and falling with price action there for red /green will move up and down Both above mentioned indicators use the same iRSI and iMAOnArray values iRSI(NULL,0,RSI_Period,RSI_Price,i); iMAOnArray(RSI,0,RSISignal_Period,0,RSISignal_Mode,i);...

Hey Folks

This post by Tekkies has wrong information.

If you want the correct TDI information go to this website link:
https://forex-station.com/viewtopic....38#p1295362638

Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies post 73,461 wrong information.png Size: 502 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,160
  • Mar 30, 2020 1:16am Mar 30, 2020 1:16am
Quoting emmanuel7788
{quote} @Tekkies You have a serious mental bias and very poor reading skills. All your questions were answered today posts. But its okay if you have new questions ... Unless you mastered this method already... keep the questions or concerns coming. Post your Demo trades too. Continue making Demo trades to build your confidence and study old charts where the TDI gives clean signals... it will pay you in spades... well, pips in our case... Post#160
Post 102,159

Quoting emmanuel7788
{quote} Hey Folks This post by Tekkies has wrong information. If you want the correct TDI information go to this website link: https://forex-station.com/viewtopic....38#p1295362638 {image}
Post 102,159
66 traders viewing now