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Trading Made Simple

  • #102,161
  • Mar 30, 2020 1:28am Mar 30, 2020 1:28am
Quoting Tekkies
{quote} WOw, did you blow a gasket? Enjoy your day Emmanuel. TDI is KING

its very funny ...

can you recognize the king?
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,162
  • Mar 30, 2020 1:35am Mar 30, 2020 1:35am
Quoting Tekkies
{quote} Post 102,159 {quote} Post 102,159

it no longer matters what you say and write in this thread.

you made a mistake , you have been proven wrong ,

so be a man and admit that and move on.

Grow Up and Do the Right Thing! Be a Man

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,163
  • Mar 30, 2020 1:54am Mar 30, 2020 1:54am
Post as many "funny" picture's you want Emmanuel.
It does not change the fact that you have not answered Post 102,159.
What is so difficult?
  • #102,164
  • Mar 30, 2020 1:58am Mar 30, 2020 1:58am
Quoting Tekkies
Post as many "funny" picture's you want Emmanuel. It does not change the fact that you have not answered Post 102,159. What is so difficult?

@Tekkies

funny pictures fits this COMEDY thread since you came onboard.

what is so difficult to erase your mental bias and work on improving your reading skills?

same reply as above:
@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
  • #102,165
  • Mar 30, 2020 2:14am Mar 30, 2020 2:14am
Quoting emmanuel7788
{quote} @Tekkies funny pictures fits this COMEDY thread since you came onboard. what is so difficult to erase your mental bias and work on improving your reading skills? same reply as above: @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...
This is how you doge questions you cannot answer with honesty.
a Straight honest answer to Post 102,159 will show reader's how wrong you are about many subject's you do post in this read.
  • #102,166
  • Mar 30, 2020 2:26am Mar 30, 2020 2:26am
Quoting Tekkies
{quote} This is how you doge questions you cannot answer with honesty. a Straight honest answer to Post 102,159 will show reader's how wrong you are about many subject's you do post in this read.

@Tekkies

I don't dodge questions asked. I answer every one like I did in the past. Have I been wrong in many subjects? You are making false allegations now. You can start spin new stories in this thread after I exposed you.

But in your case, You have a serious mental bias and very poor reading skills.

All your questions were adequately answered by me today. You just need to read them again.

But its okay if you have other 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
  • #102,167
  • Mar 30, 2020 2:28am Mar 30, 2020 2:28am
Quoting Tekkies
{quote} This is how you doge questions you cannot answer with honesty. a Straight honest answer to Post 102,159 will show reader's how wrong you are about many subject's you do post in this read.
That's a well-known ploy to keep your KAKs engaged and queueing up for the next drink.
To free Gazans of Hamas, use whatever it takes.
  • #102,168
  • Mar 30, 2020 2:39am Mar 30, 2020 2:39am
Quoting emmanuel7788
{quote} @Tekkies I don't dodge questions asked. I answer every one like I did in the past. Have I been wrong in many subjects? You are making false allegations now. You can start spin new stories in this thread after I exposed you. But in your case, You have a serious mental bias and very poor reading skills. All your questions were adequately answered by me today. You just need to read them again. But its okay if you have other new questions ... Unless you mastered this method already... keep the questions or concerns coming. Post your Demo trades...
Bullshit Emmanuel.
Where is the post with a simple straight answer: "Tekkies, it is One" or "Tekkies, it is Two."
Instead it is read this or read that or funny picture's or a lot of insult's.
  • #102,169
  • Mar 30, 2020 2:44am Mar 30, 2020 2:44am
Quoting Tekkies
{quote} Bullshit Emmanuel. Where is the post with a simple straight answer: "Tekkies, it is One" or "Tekkies, it is Two." Instead it is read this or read that or funny picture's or a lot of insult's.

here Tekkies

the same bullshit for you to start all over again in Trading Made Simple :

First and foremost, Trading Made Simple is NOT a system. This thread is about the trading journey of the OP Eric Franz aka Big E who started in 2008 like most forex trading newbie and he journeyed through several systems and methods and he developed his own new methods by blending components of other systems/methods to create new ones.
Know the TMS 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.



Introduction to Trading Made System

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 in his old thread,
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 10PM, 2AM and 6AM candles on his 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.

Another thing to take note is : Big E was a rule-based discretionary trader. According a study by Dr. Van K Tharp, this type of traders are the best traders. Do some research on yoour own and see if Dr. Van Tharp is right.

Enjoy and Have fun during your learning journey..
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,170
  • Mar 30, 2020 3:00am Mar 30, 2020 3:00am
Quoting emmanuel7788
{ @Tekkies I don't dodge questions asked.
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Quoting emmanuel7788
I answer every one like I did in the past.
That's exactly the problem...

Quoting emmanuel7788
Have I been wrong in many subjects?
S-E-R-I-O-U-S-L-Y-?
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To free Gazans of Hamas, use whatever it takes.
  • #102,171
  • Mar 30, 2020 3:03am Mar 30, 2020 3:03am
Quoting emmanuel7788
{quote} {quote} After my simple answer to that simple question asked, I now have more time as the markets are closed. First an foremost, Trading Made Simple is NOT a system. This thread is about the trading journey of the OP Eric Franz aka Big E who started in 2008 like most forex trading newbie and he journeyed through several systems and methods and he developed his own new methods by blending components of other systems/methods to create new ones. Know the TMS history and you will learn a lot from the OP and when you have mastered the 5-Method,...
First of all, I want to thank you for such a thoughtful and informative answer, it's rare to see someone wanting to help someone else.

I did complete the babypips school and have been trying to find a style of trading and trading system that fits me. Ultimately my goal is to become a full-time trader, I know this will take time and that is ok. Honesty I would love to find a mentor that can help me learn and develop as a trader and as I am sure you are aware of there are hundreds of people online that claim to be experts all so they can sell there "course" or "system".

I did start reading all of his posts and reviewing his charts before posting my initial question and I have started taking some live trades on a very small account based on what I have seen so far with some pretty good results on the 4hr and daily time-frames. I will continue to read and review charts and post questions.

Thank you for the patience.
  • #102,172
  • Mar 30, 2020 3:05am Mar 30, 2020 3:05am
Quoting emmanuel7788
{quote} here Tekkies the same bullshit for you to start all over again in Trading Made Simple : First and foremost, Trading Made Simple is NOT a system. This thread is about the trading journey of the OP Eric Franz aka Big E who started in 2008 like most forex trading newbie and he journeyed through several systems and methods and he developed his own new methods by blending components of other systems/methods to create new ones. Know the TMS history and you will learn a lot from the OP and when you have mastered the 5-Method, you can then move...
I rest my case Your Honour
Bullshit Emmanuel.
Where is the post with a simple straight answer: "Tekkies, it is One" or "Tekkies, it is Two."
Instead it is read this or read that or funny picture's or a lot of insult's.
  • #102,173
  • Mar 30, 2020 3:13am Mar 30, 2020 3:13am
Quoting Tekkies
{quote} I rest my case Your Honour Bullshit Emmanuel. Where is the post with a simple straight answer: "Tekkies, it is One" or "Tekkies, it is Two." Instead it is read this or read that or funny picture's or a lot of insult's.
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To free Gazans of Hamas, use whatever it takes.
  • #102,174
  • Mar 30, 2020 4:58am Mar 30, 2020 4:58am
GBPUSD M15/M1
M15 green x red confirmed. Stoch at 50 and falling
M1 stoch does not confirm direction. green above red. Wait...
After the M1 rally completes, green x red down confirmed.
Stoch 50 and falling. Enter on next bar.

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To free Gazans of Hamas, use whatever it takes.
  • #102,175
  • Mar 30, 2020 4:22pm Mar 30, 2020 4:22pm
Hello all, hope you can help. Currently look at the CHFJPY on daily. Green crossed below red, stoch also showing a short. Am I reading this right?

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  • #102,176
  • Edited 10:42pm Mar 30, 2020 7:08pm | Edited 10:42pm
Quoting dannyrod01
Hello all, hope you can help. Currently look at the CHFJPY on daily. Green crossed below red, stoch also showing a short. Am I reading this right? {image}
Attached Image (click to enlarge)
Click to Enlarge Name: dannyod01#102,177 31-3-2020 7-49-35 am.png Size: 269 KB



Just my few observations:

Market Type conditions: The market is choppy sideways and today is month-end closing. I would be looking at all 7 JPY pairs to see if there is a general direction. Also check Weekly TF.

You are using the traditional Heiken Ashi which is a little different from the Average Price Bar APB used by the OP. But that is okay so long you know the difference and know how to use that in your own trading.

Your yellow line is the HA setup candle, note the Stoch cross down signal and your Synergy Pro TDI also show a signal. There is no significant 5-bars swing high but toppisch Daily PA.

Note that when you use the Synergy Pro TDI, you are looking at the bar Typical Price when that bar closes. This is different from other TDI version which use the bar Close price. The price and price action above is the same but the two different TDIs will have different signal conditions. Therefore when using the Synergy Pro TDI settings, you do not follow the OP exits rules which are meant for his conservative exit using the TDI green flat, hook back, check mark, etc.


Edit: Seven(7) Nine(9) JPY pair below:

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Manage the trade by following your trade plan and your ten tasks of trading.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,177
  • Mar 30, 2020 7:14pm Mar 30, 2020 7:14pm
Quoting Tekkies
{quote} I rest my case Your Honour Bullshit Emmanuel. Where is the post with a simple straight answer: "Tekkies, it is One" or "Tekkies, it is Two." Instead it is read this or read that or funny picture's or a lot of insult's.

how about this:

#12,912 by the OP aka Big E:
Do not think you can trade with us without reading the thread and taking notes. READ & STUDY.

or you can start all over again follow Post#102,171
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,178
  • Mar 30, 2020 7:31pm Mar 30, 2020 7:31pm
Example TMS_V19

USDJPY Mar31 M15 sell signal alert


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Click to Enlarge Name: USDJPY M15 Mar 31 sell signal 31-3-2020 8-27-50 am.png Size: 72 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,179
  • Mar 30, 2020 11:22pm Mar 30, 2020 11:22pm
Quoting emmanuel7788
Example TMS_V19 USDJPY Mar31 M15 sell signal alert {image}
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY M15 Mar 31 sell signal 31-3-2020 8-27-50 am.png Size: 72 KB


that alert was a disaster !

never trade without a stop loss and ...

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Click to Enlarge Name: USDJPY Mar31 M15 sell disaster 31-3-2020 12-16-47 pm.png Size: 83 KB


therefore "when your belief is no longer true, you do the turn around thing" ... Bryon Katie
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #102,180
  • Mar 30, 2020 11:54pm Mar 30, 2020 11:54pm
Trading the FOREX BASKETs .

Nothing new because traders have been trading COMPOSITE currency pairs for years.

Your broker may offer this so why not consider trading these instead of single paired currencies.

https://www.fxcm.com/markets/forex-baskets/


Attached Image (click to enlarge)
Click to Enlarge Name: JPYM Mar31 D1 31-3-2020 12-56-04 pm.png Size: 42 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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