Trading Made Simple | Page 5220 | 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

  • #104,381
  • May 22, 2020 12:39am May 22, 2020 12:39am
Quoting Tekkies
{quote} Sweet. Look TDI crossed up. What a joke {image} No matter how hard you try, TDI will always be one step head of you.

Tekkies

what happen now ?

back to paper trading on blank chart ....

no confidence in your TDI cross up.

Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies #103,380 #22-5-2020 3-35-31 pm.png Size: 317 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #104,382
  • May 22, 2020 12:43am May 22, 2020 12:43am
Quoting emmanuel7788
{quote} Tekkies WRONG yet again! I did not say the TDI is Holy Grail. It is your who said the TDI is Holy Grail and the only Holy Grail. You fool. TDI us just moving averages applied to the RSI data and can be used in semi-automation of trading in combination with other indicators. Look another TMS 5-Method trade ... dynamic entry! GBPUSD May 22 M15 by TMS_V19 {image} now in profit, {image}
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD5-22---8-7 TMS_V19 M15 trade.gif Size: 26 KB


GBPUSD May 22 M15 by TMS_V19

trade update, move SL to BE+

TP is 2.5R

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD May 22 M15 CSTSL BE 22-5-2020 3-41-18 pm.png Size: 30 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #104,383
  • May 22, 2020 12:45am May 22, 2020 12:45am
Quoting emmanuel7788
{quote} Tekkies that is not a joke because nobody is laughing except you the clown and joker in this thread. that is a trade invalidation of the last sell ... aka opposite signal. what do you do when there is trade invalidation? be patient...
what do you do when there is trade invalidation?
Follow TDI, No cross, No Trade

This is going nowhere.
Sorry Emmanuel, responding to your insanity is dragging me down to your level of stupidity. retardness
Cheers.


Post 104,383 It is not a dynamic set up.
Zoom out , look left on chart - round about 14 May and take note of Support / Resistance level
Where did TDI cross? > above level 68
  • #104,384
  • May 22, 2020 12:52am May 22, 2020 12:52am
Quoting Tekkies
{quote} what do you do when there is trade invalidation? Follow TDI, No cross, No Trade This is going nowhere. Sorry Emmanuel, responding to your insanity is dragging me down to your level of stupidity. retardness Cheers.

Tekkies

You have no clue what is Trade Invalidation. You did not follow Big E when he was trading GBPUSD M15 in his old thread. He learn about trade invalidation from Craig Harris seminar and videos.

You have no clue what is Trading Made Simple because you did not follow the OP in his old thread how he evolve from trading M15 to tradingH4.

Your level of stupidity we read here daily is amazing to people.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #104,385
  • May 22, 2020 12:58am May 22, 2020 12:58am
Quoting Tekkies
{quote} Post 104,383 It is not a dynamic set up. Zoom out , look left on chart - round about 14 May and take note of Support / Resistance level Where did TDI cross? > above level 68

Tekkies

This is M15 trading.

How far do you want to zoom out to? It is intraday trading ...

Keep It Simple:
1) Just look at the most recent swings,... M15
2) Look at the previous D1 Open, High, Low and Close price levels and that would be quite enough.
3) Do not forget the right hand side where the BRN and RN price levels are.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #104,386
  • May 22, 2020 1:03am May 22, 2020 1:03am
Quoting emmanuel7788
{quote} Tekkies we don't need to do hindsight trading. test TMS_V19 and have confidence after 1,000 trades then you have enough data to make your decision when to trade live. USDCHF May22 M15 TMS_V19 trade semi-auto trade open {image} now in profit, {image}
Yes, for the specific settings you decided to use today, that trade went into profit. But for many other people that use more conservative settings, it was stopped out.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 78 KB
To free Gazans of Hamas, use whatever it takes.
  • #104,387
  • May 22, 2020 1:11am May 22, 2020 1:11am
Quoting DrDave
{quote} Yes, for the specific settings you decided to use today, that trade went into profit. But for many other people that use more conservative settings, it was stopped out. {image}
about TPMultiplier and SLMultiplier


Is SL 2 times ATR(100) CONSERVATIVE and the TP is 5 times that ATR(100) probably AGGRESSIVE...

see these posts:

TMS_V19 uses the ATR(100) on the trading chart timeframe.

See these posts for more information.

Post#102,555
https://www.forexfactory.com/showthr...2#post12871402

and

Post#102,741
https://www.forexfactory.com/showthr...8#post12884558

the TP and SL are set by multiply the ATR values of that timeframe of your trading.

For example,

if the ATR(100) is 6 pips on M15,
the TP 5.0 x 6 pips would be 30pips (2.5R)
the initial SL would be 2.0 x 6 pips = 12 pips (1.0R)

the initial SL would be your trade risk "R" which you use to calculate your trade Position Size.

when your trade hit your TP, that would be 2.5R trade.

after 1,000 trades and with a 45% win rate,
how many R's would you have won? 450 x 2.5Rs = 1,125 Rs
and with 65% losses, you would have losses total = 650 Rs.

Do you believe Holy Grail system do exits?

read this {click to download}
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #104,388
  • May 22, 2020 1:20am May 22, 2020 1:20am
Quoting emmanuel7788
{quote} about TPMultiplier and SLMultiplier Is SL 2 times ATR(100) CONSERVATIVE and the TP is 5 times that ATR(100) probably AGGRESSIVE... see these posts: TMS_V19 uses the ATR(100) on the trading chart timeframe. See these posts for more information. Post#102,555 https://www.forexfactory.com/showthr...2#post12871402 and Post#102,741...
1. Seriously? You think that you need to post all of that EA information that is already available and already digested by the users of the EA? Well, when you want to DIVERT ATTENTION from the subject matter, of course you post irrelevant material to try to confuse the readers.

2. I did not question YOUR settings on that trade. Work on reading comprehension. Let me repeat what I said so you can try again to understand it.

Quoting DrDave
{quote} Yes, for the specific settings you decided to use today, that trade went into profit. But for many other people that use more conservative settings, it was stopped out. {image}
To free Gazans of Hamas, use whatever it takes.
  • #104,389
  • May 22, 2020 1:29am May 22, 2020 1:29am
Quoting DrDave
{quote} 1. Seriously? You think that you need to post all of that EA information that is already available and already digested by the users of the EA? Well, when you want to DIVERT ATTENTION from the subject matter, of course you post irrelevant material to try to confuse the readers. 2. I did not question YOUR settings on that trade. Work on reading comprehension. Let me repeat what I said so you can try again to understand it. {quote}

You have a serious trading made simple comprehension problem exactly like Tekkies.

An experienced price action trader would know where to place his stop loss away from the consolidation area.

Do you see that Mother Bar/Inside Bar?

Let me explain slowly with a chart below.

Attached Image (click to enlarge)
Click to Enlarge Name: DrDave #101,388 22-5-2020 4-23-41 pm.png Size: 147 KB


Now go and download this and learn something here in Trading Made Simple and how to apply Post#647.

Three Powerful FOREX price pattern for Post#647 {click}
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #104,390
  • May 22, 2020 1:32am May 22, 2020 1:32am
Quoting emmanuel7788
about TPMultiplier and SLMultiplier Is SL 2 times ATR(100)
TMS_V19 uses the ATR(100) on the trading chart timeframe. }
For you readers that genuinely desire to have a convincing argument for why specific settings are used, did you investigate these items?
--why is ATR(100) used rather than some other value or some other indicator? What data is there to support using ATR(100)?
--Why was a multiplier of 2X used for SL instead of some other value? What data is there to support using 2x?
--Why was the "trading chart" timeframe selected for ATR(100) instead of some other timeframe? What data is there to support using the "trading chart" timeframe?
Of course, these are just a few of many, many questions you should be investigating.
If you are not asking these kinds of questions before using the system, then...
To free Gazans of Hamas, use whatever it takes.
  • #104,391
  • May 22, 2020 1:41am May 22, 2020 1:41am
Quoting DrDave
{quote} 1. Seriously? You think that you need to post all of that EA information that is already available and already digested by the users of the EA? Well, when you want to DIVERT ATTENTION from the subject matter, of course you post irrelevant material to try to confuse the readers. 2. I did not question YOUR settings on that trade. Work on reading comprehension. Let me repeat what I said so you can try again to understand it. {quote}
Dave, it is of no use to argue with Emmanuel.
He want's to be right, needs to be right.
Any member that does not go by what he say's, well then you get something total irrelevant.
"You have no clue what is Trading Made Simple because you did not follow the OP in his old thread"

Now I have no clue what is TMS because I did not read the old thread.
Like you say "DIVERT ATTENTION "
  • #104,392
  • May 22, 2020 1:44am May 22, 2020 1:44am
Quoting emmanuel7788
{quote} You have a serious trading made simple comprehension problem exactly like Tekkies. An experienced price action trader would know where to place his stop loss away from the consolidation area. Do you see that Mother Bar/Inside Bar? Let me explain slowly with a chart below. {image} Now go and download this and learn something here in Trading Made Simple and how to apply Post#647. Three Powerful FOREX price pattern for Post#647 {click}
Again, you attempt to divert, but that is no surprise.
Consider this
Quoting emmanuel7788
An experienced price action trader would know where to place his stop loss away from the consolidation area.
How many readers do you think are experienced price action traders and how many are either new traders with little experience or traders that have experience trading but have not found a winning system?
According to this
Quoting emmanuel7788
Do you see that Mother Bar/Inside Bar? Let me explain slowly with a chart below.
you are addressing the latter groups of traders. And for that group of traders, I am confident that many placed a SL approximately where I indicated and were stopped out.

In addition, you explained the EA settings were using a multiple of ATR(100) on the trading chart timeframe, but here you decided to add confusion and talk about consolidation areas and inside bars.

Dear readers, is it any surprise that you cannot figure out a winning system from this thread when King E. piles on the confusion by interjecting material irrelevant to the subject at hand?
To free Gazans of Hamas, use whatever it takes.
  • #104,393
  • May 22, 2020 1:51am May 22, 2020 1:51am
Quoting Tekkies
{quote} Dave, it is of no use to argue with Emmanuel. He want's to be right, needs to be right. Any member that does not go by what he say's, well then you get something total irrelevant. "You have no clue what is Trading Made Simple because you did not follow the OP in his old thread" Now I have no clue what is TMS because I did not read the old thread. Like you say "DIVERT ATTENTION "

Tekkies

You Idiot. It is your mental bias and jealousy over the lack of attention people pay to your posts here. You are a very unhappy person and it make you perform poorly in life and in your trading.

Your cheerleader and I are not arguing. Your cheerleader asked about that SL and I explained to him what is available in TMS_V19 and what I use in my M15 setup parameters. His reply does not surprise those who have been reading his usual style in this thread. He seems to know a lot about trading the markets. He is the only only who knows the language of the markets.
His signature : "The markets are speaking to you. Do you know their language?"

I did not insist anyone follow my TMS_V19 settings. I explain the setup settings and it is up to the individual trader to use the TMS_v19 as their trading tool based on their own knowledge and experience.

I have been saying, do 1,000 trades and you will learn from your results.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #104,394
  • May 22, 2020 1:54am May 22, 2020 1:54am
Quoting emmanuel7788
when your trade hit your TP, that would be 2.5R trade. after 1,000 trades and with a 45% win rate, how many R's would you have won? 450 x 2.5Rs = 1,125 Rs and with 65% losses, you would have losses total = 650 Rs.
Nothing wrong with that logic. However, is this how you ACTUALLY trade, or do you use a modification? Based on what you have posted ONLY TODAY, this is not how you trade.

You have an EA apply a trailing stop. A significant number of trades that have TP set at 2.5R never reach 2.5R. After the trade goes to a set profit amount, the trailing stop is activated, and in many cases, a retracement before 2.5R is reached that results in the trailing stop being hit for significantly less than 2.5R.
To free Gazans of Hamas, use whatever it takes.
  • #104,395
  • May 22, 2020 1:55am May 22, 2020 1:55am
Quoting DrDave
{quote} Again, you attempt to divert, but that is no surprise. Consider this {quote} How many readers do you think are experienced price action traders and how many are either new traders with little experience or traders that have experience trading but have not found a winning system? According to this {quote} you are addressing the latter groups of traders. And for that group of traders, I am confident that many placed a SL approximately where I indicated and were stopped out. In addition, you explained the EA settings were using a multiple of...
Quoting emmanuel7788
{quote} because #2 your cheerleader ...'fake Dr.' took his sedative drug but till that wears off {image}

'fake Dr.' ... fake PhD ... fake MD ..... just blew his top again, it didn't take long for his medication to wear off.

we all know what is coming next .... don;t say I did not warn you.

Attached Image
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #104,396
  • May 22, 2020 1:56am May 22, 2020 1:56am
Hello Traders, hope everyone is safe and trading well in these crazy markets. I know this has been asked before, but my humble request if someone can please send me the link to the most recent updated version of TDI/TMS. My sincere apologies for asking this again.
  • #104,397
  • May 22, 2020 1:56am May 22, 2020 1:56am
Quoting DrDave
{quote} For you readers that genuinely desire to have a convincing argument for why specific settings are used, did you investigate these items? --why is ATR(100) used rather than some other value or some other indicator? What data is there to support using ATR(100)? --Why was a multiplier of 2X used for SL instead of some other value? What data is there to support using 2x? --Why was the "trading chart" timeframe selected for ATR(100) instead of some other timeframe? What data is there to support using the "trading chart" timeframe? Of course,...
You know how it goes Dave, the more complex the post, the more guarantee there is for winning at this game.

Funny how Emmanuel can post: "You have no clue what is Trading Made Simple because you did not follow the OP......."
BigE post this: "#53... I hate S/l trading. The safest way is to place your S/L at the last high or low a couple of candles back...
  • #104,398
  • May 22, 2020 2:02am May 22, 2020 2:02am
Quoting emmanuel7788
Your cheerleader asked about that SL and I explained to him what is available in TMS_V19 and what I use in my M15 setup parameters. .
Please,slow down and read carefully! You again display your poor reading comprehension. The above is NOT what I said. There was no question about WHAT specific settings you chose. Read below again (and again and again until it sinks in).

Quoting DrDave
{quote} Yes, for the specific settings you decided to use today, that trade went into profit. But for many other people that use more conservative settings, it was stopped out. {image}
Understand now? No question of, "What setting did you use". No question of "What settings are availalble in TMS_V19". That is all fiction that you you injected. I will attribute it to poor reading comprehension, but I suspect that there is a far more insidious reason for it.
To free Gazans of Hamas, use whatever it takes.
  • #104,399
  • May 22, 2020 2:04am May 22, 2020 2:04am
Quoting Tekkies
{quote} You know how it goes Dave, the more complex the post, the more guarantee there is for winning at this game. Funny how Emmanuel can post: "You have no clue what is Trading Made Simple because you did not follow the OP......." BigE post this: "#53... I hate S/l trading. The safest way is to place your S/L at the last high or low a couple of candles back...

WOW! Tekkies your level of stupdity today never fail to amaze people reading this thread.

That post #53 is one of 463 posts the OP posts in this thread.

You already read post#6 earlier today

and now just read post#53,

you have another 461 posts to read....


below would be the last post by the OP.
Post#12,912:
So many new traders... Do not think you can trade with us without reading the thread and taking notes. READ & STUDY.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #104,400
  • May 22, 2020 2:06am May 22, 2020 2:06am
Quoting DrDave
{quote} Please,slow down and read carefully! You again display your poor reading comprehension. The above is NOT what I said. There was no question about WHAT specific settings you chose. Read below again (and again and again until it sinks in). {quote} Understand now? No question of, "What setting did you use". No question of "What settings are availalble in TMS_V19". That is all fiction that you you injected. I will attribute it to poor reading comprehension, but I suspect that there is a far more insidious reason for it.

Attached Image (click to enlarge)
Click to Enlarge Name: kids keep telling a story.png Size: 636 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
77 traders viewing now