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Trading Made Simple

  • #103,121
  • Apr 26, 2020 8:22am Apr 26, 2020 8:22am
Quoting emmanuel7788
{quote} Tekkies more for you to learn. you have missed a lot of tutorial which Big E would have posted and shared had he been alive in 2012, 2013, 2014, 2014 and 2015. you started in 2016 and you missed a lot about trading. This Price Action tool keeps you in the trade longer! https://www.forexfactory.com/showthr...6#post12901486
Hmmm, did Dean Malone say that he released APBs back in 2006 or so? I think that would have been plenty early enough for BigE to use the for "staying in" if he wanted to.

No price action for staying in longer used by BigE. He stated that after he is in profit about 20 pips and a wick forms on the open bar then retraced 5 pips, he exits to protect his profits. If a re-entry signal occurs after this bar closes, he assessed the quality of the signal to decide whether to re-enter or pass. He also said that when trading H4 or D1 that if he were at the screen and price came back 20-30 pips, he would exit. But of course, that's the Trading Made Simple way, not the Trample My System way.
To free Gazans of Hamas, use whatever it takes.
  • #103,122
  • Apr 26, 2020 9:47am Apr 26, 2020 9:47am
Quoting emmanuel7788
{quote} okay. Tell me which pair/s you have this problem and the tradeperiod of the alert. I'll try trap the same pair/s alertmodeonly = true setting next week. I am quite sure those pop up messages are not from the ea if those messages are not saved in the ea log file.
gbpusd, eurjpy, usdcad
  • #103,123
  • Apr 26, 2020 10:21am Apr 26, 2020 10:21am
Oh man. I am sorry i started another 4 pages of fighting posting these EUR/USD charts

I donīt actually understand your fights about the TDI regarding refreshed charts or non-refreshed charts, repainting and hindsight. I really canīt figure it out.

Like Emmanuel noticed. I do NOT marked all HISTORICAL TDI cross overs with a Vline and connected them with trendlines.

I also donīt know what the heck it should help? I trade the live market, not the past. So as soon as my broker canīt provide a DeLorean to me flying back in time i donīt know why i should give a fuck about past TDI setups and mark all those with vlines and trendlines?

I donīt care about how the TDI looked at the left side of my charts. If i see a TDI setup (green crossed red for that steep clock angle same as stock) to me thats a valid possible entry. So far because i donīt know how to deal with subjective support and resistance areas (i completely ignore that for now) i most likely enter such setup with the open of the next candle.

The only questions i had were therefor about "trading with the trend" and how to manage that in an objective way prefarable without having to trade more than just one market for M15/H1. Now that i canīt chase market condition my main concern was about how to find enough valid signals here per month to come out profitable even if there i no trend at all or direction i could enter a trade.
  • #103,124
  • Apr 26, 2020 11:17am Apr 26, 2020 11:17am
Quoting lddd
Oh man. I am sorry i started another 4 pages of fighting posting these EUR/USD charts I donīt actually understand your fights about the TDI regarding refreshed charts or non-refreshed charts, repainting and hindsight. I really canīt figure it out. Like Emmanuel noticed. I do NOT marked all HISTORICAL TDI cross overs with a Vline and connected them with trendlines. I also donīt know what the heck it should help? I trade the live market, not the past. So as soon as my broker canīt provide a DeLorean to me flying back in time i donīt know why...
" i donīt know why i should give a fuck about past TDI setups"
This means you did not follow BigE's advice to study old TDI set-ups.
There is a reason why he posted this:
#731..... Note the blue boxes on the chart... burn that into your mind... these are crap areas to enter any trade... when you see this go to another pair to find a clean entry/trade...
#2617...... The answer was simple... study old charts for set ups...
(What is nice about #2617 is that studying like that is: Think by yourself: At this price level TDI would crossover, mark the spot and do the next 9 crossover's. Place TDI on chart and see if you get 10/10 correct.)
#4298...... The key to understanding is studying old charts to build your confidence in the TDI Crossover/entries... burn it in your mind

That is why you can not see "post#647" when TDI does crossover because your built-in computer (brain) is not programmed to recognize those point's on the chart.
Iddd, you are your own worst enemy concerning this method.
  • #103,125
  • Apr 26, 2020 1:08pm Apr 26, 2020 1:08pm
Quoting lddd
Oh man. I am sorry i started another 4 pages of fighting posting these EUR/USD charts I donīt actually understand your fights about the TDI regarding refreshed charts or non-refreshed charts, repainting and hindsight. I really canīt figure it out. Like Emmanuel noticed. I do NOT marked all HISTORICAL TDI cross overs with a Vline and connected them with trendlines. I also donīt know what the heck it should help? I trade the live market, not the past. So as soon as my broker canīt provide a DeLorean to me flying back in time i donīt know why...

lddd

its okay, not your fault. you did not start those fights.

when the market opens, we trade what we see, we look at the present conditions and avoid the TDI in the history. Its useless what the TDI did in the price history.

I saw your post and that time line 13:00 you marked on the 4 charts - D1, H4, H1 and M15. It is simple to look at the market at that specific time and that is all the focus should be.

with TMS_V19 EA. it will be one way to observe what the EA does when it trades M15 setups with and without checking H1 conditions. Do not look at short term results. You will learn a lot after the first 20 trading days and even more after the 1,000 trades by that EA. Use it as strategy tester running in live market conditions.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #103,126
  • Apr 26, 2020 1:10pm Apr 26, 2020 1:10pm
Quoting samobeast
{quote} gbpusd, eurjpy, usdcad

Okay. I will monitor these 3 pairs just for the AlertModeOnly=true for M15.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #103,127
  • Apr 26, 2020 1:13pm Apr 26, 2020 1:13pm
Quoting Tekkies
{quote} " i donīt know why i should give a fuck about past TDI setups" This means you did not follow BigE's advice to study old TDI set-ups. There is a reason why he posted this: #731..... Note the blue boxes on the chart... burn that into your mind... these are crap areas to enter any trade... when you see this go to another pair to find a clean entry/trade... #2617...... The answer was simple... study old charts for set ups... (What is nice about #2617 is that studying like that is: Think by yourself: At this price level TDI would crossover, mark...

Tekkies

You just added more clutter to this thread. But that's okay. The OP love the traffic in his thread here.

https://www.forexfactory.com/showthr...61#post3324661

https://www.forexfactory.com/showthr...93#post3323593
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #103,128
  • Apr 26, 2020 1:17pm Apr 26, 2020 1:17pm
Quoting Tekkies
{quote} Craig Harris Stochastics Method is not Big E 5-Method Took you something like five long years to understand something so simply. Finally, you yourself gave the reason why Post#3142 can not be used with Big E 5-Method. Reason: BigE 5-Method use Post 270 Thank you for clarifying such a small detail. (There is a glimmer of hope left for you, after all)

and this brings us back to the saga using keyword search "divergence" and "Divergence" .

when divergence is not Divergence
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #103,129
  • Apr 26, 2020 1:22pm Apr 26, 2020 1:22pm
Quoting Tekkies
{quote} One again BigE had the right post for a troll (Thanks Dave) Post 1,980: Your wasting my time and the time of the serious traders... Grow up Emmanuel
Tekkies

if there is no traffic here, Big E would have to close this thread too just like the old thread ... just after 160+ posts, he wanted to close that thread. But then what happened there? it continued on and on with new methods added to ... "Harris method".

Quoting eelfranz
Well folks... I haven't held anything back. I think it's been laid out for you pretty well. I've answered all the questions the best I could. Because of our location there isn't much new traffic which is a shame in my opinion. I'LL BE CLOSING DOWN THE THREAD. I want to thank all who participated. Thanks again. Big E
Location, location, location ... sounds familiar?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #103,130
  • Apr 26, 2020 1:25pm Apr 26, 2020 1:25pm
Quoting Tekkies
{quote} " i donīt know why i should give a fuck about past TDI setups" This means you did not follow BigE's advice to study old TDI set-ups. There is a reason why he posted this: #731..... Note the blue boxes on the chart... burn that into your mind... these are crap areas to enter any trade... when you see this go to another pair to find a clean entry/trade... #2617...... The answer was simple... study old charts for set ups... (What is nice about #2617 is that studying like that is: Think by yourself: At this price level TDI would crossover, mark...
Well what should studying old charts helps me if those setups are not accurate because of BigE might refreshed his charts or not, how do I know that?

Now if I do not refresh my charts for the next 4 weeks of trading, then mark all setups and study those does it guarantee the next live setup will be the same?

Didn’t you said, „past results are no guarantee for future success“ so why studying the past especially if those past setups were spotted by subjective criteria like looking at them with my eyes instead of following some fixed mathematical numbers? I can’t repeat a subjective process I did yesterday for tomorrow, I am not Copperfield...
  • #103,131
  • Apr 26, 2020 1:36pm Apr 26, 2020 1:36pm
When I looked at the date of these posts by Big E, first thing that came to mind is that he knew some would have problem with the TDI.

Big E you can trade without the TDI

Jan 20, 2011
#3044
Honestly on the 5 method you don't really need any indicators because the simple entry rules are so basic and clear cut. If I were to pick two it would be the tdi & stochs.

Jan 26, 2011
#3103
I almost always have the tdi & stoch on all my charts regardless of the method being used.

However, it's not necessary on the 5 method for me. It gives people more confidence when they have it on their charts it seems.... and it's a good confirmation to the current PA and possible trade.

Feb 12, 2011
#3418
You can trade the 5 method without the TDI if it's a problem...

PA is HA Candles, PA crosses the yellow line and closes... enter on the next candle if it's the same color. When candles flatten out... exit. Stay in the trade as long as it doesn't cross back over the yellow line and close.

The TDI just gives me a lot more information for making my entries & exits decisions.

May 16, 2011
#2617
2scoops asked me a long time ago what would be the most beneficial to learning this method for higher success... The answer was simple... study old charts for set ups... now strip down everything on that chart at that point... trends, angles, S/R levels, News times, Stoch angle within the 20-80 lines..etc. Burn it into your memory... I spent 2 years doing that.... so what does that mean?

It takes me 15 seconds to strip a chart down to nothing including the TDI & Stoch's. Taking clean trades is a breeze for me... why?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #103,132
  • Apr 26, 2020 1:42pm Apr 26, 2020 1:42pm
Quoting Tekkies
{quote} Craig Harris Stochastics Method is not Big E 5-Method Took you something like five long years to understand something so simply. Finally, you yourself gave the reason why Post#3142 can not be used with Big E 5-Method. Reason: BigE 5-Method use Post 270 Thank you for clarifying such a small detail. (There is a glimmer of hope left for you, after all)

Tekkies

would it be very nice if Craig Harris Stochs Method and Dean Malone' Synergy and Big E 5-Method all 3 gives the same trade setup signal?
like this old post:

https://www.forexfactory.com/showthr...62#post3324862

I call this CONFLUENCE of systems/methods ... like good old COWABUNGA system.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #103,133
  • Apr 26, 2020 2:05pm Apr 26, 2020 2:05pm
Quoting emmanuel7788
{quote} Tekkies would it be very nice if Craig Harris Stochs Method and Dean Malone' Synergy and Big E 5-Method all 3 gives the same trade setup signal? like this old post: https://www.forexfactory.com/showthr...62#post3324862 I call this CONFLUENCE of systems/methods ... like good old COWABUNGA system.
ũ
emmanuel7788, would it be very nice if Craig Harris Stochs Method and Dean Malone' Synergy and Big E 5-Method and a meteorite lands in my town and my coin toss lands heads and a fly lands on my computer screen give the same trade setup signal? l call this CONFLUENCE of systems/methods / random events... like good old dumb luck, like winning the lottery.
To free Gazans of Hamas, use whatever it takes.
  • #103,134
  • Apr 26, 2020 6:10pm Apr 26, 2020 6:10pm
Quoting Tekkies
{quote} Craig Harris Stochastics Method is not Big E 5-Method Took you something like five long years to understand something so simply. Finally, you yourself gave the reason why Post#3142 can not be used with Big E 5-Method. Reason: BigE 5-Method use Post 270 Thank you for clarifying such a small detail. (There is a glimmer of hope left for you, after all)
Tekkies

the markets are open again ....

Craig Harris Stochastics Method is also Dean Malone' Synergy Method.

But learn from Big E Post#169 and his chart below ...

double entry confirmation

Quoting eelfranz
Note in the chart below the box. You can see we have a double entry confirmation. On Craigs system we would enter on the second candle of the reversal and with Synergys System you have a confirmation after the candle closes above the upper magenta channel to go long. Click chart. {image}
what do you think?

and also did you see the MACD(12,26,9) on that #169 chart?

did you notice there is no Stochastics on that chart?

but we all know that Craig uses the Stochastics for confirmation of reversal candle.

That is just another of Big E templates. He had 19 templates. How many do you have?

Attached Image (click to enlarge)
Click to Enlarge Name: Big E post169 chart.png Size: 168 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #103,135
  • Apr 26, 2020 6:18pm Apr 26, 2020 6:18pm
Quoting Tekkies
{quote} Read and practice this PDF (from Big E Trade Made Simple) {image} The rules of TMS and Lower Risk gives a solid steady win rate. Do not chase the money, let it come to you. - take your time to analyse the possible trade opportunities - every chart tells a story - TDI cross - TDI angle (12 - 2 and 4 - 6) - TDI is where in sub window - below 32, 50, 69 (moving up) - above 69, 50, 32 (moving down) - TDI above / below yellow - TDI above / below blue - list goes on and on - in the beginning it is time consuming -...

Tekkies

you uploaded this BigE full pdf in the post link above.

you are mixing TMS with mehdi343 method.

just click the post and follow.

I though this what you say about your name "Tekkies to margincall" was rather funny... the number of times you changed your name the last 4 years.

""At one stage in my short trading career I wanted to change my nick "Tekkies" to "margincall""
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #103,136
  • Apr 26, 2020 6:56pm Apr 26, 2020 6:56pm
Hi Folks

Trading Made Simple:

with plenty of time at home during this pandemic,

I have read and re-read Big E's post over and over again and I have lost count how many times. Every week, I still read his posts again whenever I want to learn what he did during his times and compare the market conditions back then in his times and what is the market at the present time. Some things has changed and no longer the way it was back in 2008 till 2011. More recently the daily volatility has increased in EURUSD and GBPUSD.

What did Big E do with the ADR and on Sundays?
read this post: http://www.forexfactory.com/showthre...94#post3335794

What did Big E said about the best times to trade?
read his post: http://www.forexfactory.com/showthre...19#post4235919

Did Big E trade on Sundays and Fridays?
read his posts:
http://www.forexfactory.com/showthre...90#post4765390
http://www.forexfactory.com/showthre...61#post4602361
http://www.forexfactory.com/showthre...78#post4604878

I also do not trade 4H swing on Sundays and Fridays. My reason is because market seldom reverse on Sunday when NY open and also on Fridays, it is usually the tail end of the intra-week swing therefore I do not open any new 4H swing trades on Fridays. To every rule is an exception, i.e. if there is a good setup which I see can run into Day chart position trading, I will open on the basis of Day chart trading and keep my trades over the weekend. On Mondays, wait for the Tokyo morning session to close ... the first 5 hours then start look for H4 trades.

Pairs to trade for Newbies:
AUDUSD, EURUSD, GBPUSD, AUDJPY, EURJPY, USDCAD. These five pairs will give you enough H4 trades in any week. For some time I avoided USDCHF because this pair move opposite to EURUSD most of the time. But recently the inverse correlation is not always true.

Avoid the EUR and GBP crosses (EURAUD, EURCAD, EURNZD, GBPAUD, GBPCAD and GBPNZD) until you gain more trading experience.

About EURGBP, this pair has the largest pip value but very small trading range. If the three amigos AU,EU and GU are are riding in the different directions, you should look more closely at EU and GU and see what happening in the market - tier one news, big events, etc. You need to know what moves the currency market.

Trade Well, Trade Safe and Be Happy.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #103,137
  • Apr 26, 2020 9:18pm Apr 26, 2020 9:18pm
AUDJPY Apr 27 H4 SYD-TOK

first H4 trade this week_18

trade management : move initial SL to BE+

Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY Apr 27 H4 SYD-TOK 27-4-2020 10-14-43 am.png Size: 55 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #103,138
  • Apr 26, 2020 11:04pm Apr 26, 2020 11:04pm
Quoting emmanuel7788
AUDJPY Apr 27 H4 SYD-TOK first H4 trade this week_18 trade management : move initial SL to BE+ {image}

AUDJPY Apr 27 H4

Trade stopped out at BE+

Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY Apr 27 H4 trade stopped out 27-4-2020 11-59-30 am.png Size: 53 KB


The alert was seen using TMS Monitor.
There were 3 good setup alerts - AUDUSD, AUDJPY and AUDCAD.
Just trade 1 of the 3

Now wait for the next H4 and also try catch a M15.

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Apr 27 H4 SYD-TOK 27-4-2020 11-32-00 am.png Size: 21 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #103,139
  • Apr 26, 2020 11:21pm Apr 26, 2020 11:21pm
Quoting lddd
{quote} Well what should studying old charts helps me if those setups are not accurate because of BigE might refreshed his charts or not, how do I know that? Now if I do not refresh my charts for the next 4 weeks of trading, then mark all setups and study those does it guarantee the next live setup will be the same? Didn’t you said, „past results are no guarantee for future success“ so why studying the past especially if those past setups were spotted by subjective criteria like looking at them with my eyes instead of following some fixed mathematical...
Yes, I did posted that. My pasts result are no guarantee for your future success.
-----
When you drive to work, is the traffic the same everyday?
Everyday you repeat a subjective process to get to work and do that same subjective process to get back home. How do you do that? By following the road ordnance (traffic rules). You hope other road-users do the same, they don't, accident's do occur.

It is the same with trading, price is not the same everyday and you follow a method (TDI crossover with post#647) to place a trade, close a trade. Those other road-users (S/R level, wicks, bar size, candle formation.......) will be there also. You don't see them, accident's do occur, you suffer a loss.

Don't stare yourself blind against subjectivity. It is about what price show you when TDI crossover.

"I can’t repeat a subjective process I did yesterday for tomorrow, I am not Copperfield"
Why do you want to be Copperfield when you can be yourself?
----
Copperfield has his own problems that you don't want or need in your life.
  • #103,140
  • Apr 26, 2020 11:22pm Apr 26, 2020 11:22pm
EURUSD Apr 27 M15 Tokyo session

First trade taken by TMS_V19

all preset technical conditions green ...

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD4-27---4-33.gif Size: 63 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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