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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

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Trading Made Simple

  • #107,981
  • Aug 31, 2020 4:10am Aug 31, 2020 4:10am
Quoting xian
Yep , same candle start time here ;-) What about the EA name ? Yours says TMS_V19 also That is how it looks like mine right now. IŽll try the changes you posted later :-) {image}

Yes. I rename my TMS Monitor filename with (TMS_V19) because of the 5EMA Typical Price, Shift+2 was the original default used by the OP.

The OP later on use 5EMA Typical Price,Shift+3 and arbinka changed his TMS Monitor to Shift+3.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,982
  • Aug 31, 2020 6:04am Aug 31, 2020 6:04am
Aug 31 7AM EST

Anyone buy XAUUSD H1 now?

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD Aug 31 H1 31-8-2020 7-06-33 pm.png Size: 51 KB


Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD AUG 28 Rh 1-2-3 setup 29-8-2020 10-56-11 am.png Size: 23 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,983
  • Aug 31, 2020 8:13am Aug 31, 2020 8:13am
Quoting emmanuel7788
Sunday Aug 30 reply to PM another frequent ask PM <> I follow a lot of your post on trading made simple .......... Is there any books you recommend on the subject and or a list of all candle patterns?? <> I have mentioned several times that new traders should not get overwhelmed by the Price Action stuff and to keep things simple. I look at only a few price bars patterns which are commonly seen on our TMS charts and also in the OP' training charts. I counted he posted 304 charts in FF. So study all of them and zoom into the price bar and the HA...
Hi Emmanuel7788,
Can you help me to see where i can load this indicator similar chart on Strat's Long term Free ?
  • #107,984
  • Aug 31, 2020 4:52pm Aug 31, 2020 4:52pm
Hello hello,

Newb here looking for some advice. I've had a look through a lot of early posts and the PDF compilations of BigE's methods but want to know whether my approach is correct. I can only trade using 4H or higher time frames to fit in with the day job. What I've been doing is looking at the HA candles for a strong indication that the trend is about to change or has changed, taking into account support/resistance from previous days, overbought, oversold etc. I then look for a TDI crossover to confirm. Not quite sure what I'm looking for in the stochs indicator though....

Is my approach at all correct? Any advice appreciated.

Thanks
  • #107,985
  • Aug 31, 2020 6:30pm Aug 31, 2020 6:30pm
Quoting covid
{quote} Hi Emmanuel7788, Can you help me to see where i can load this indicator similar chart on Strat's Long term Free ?

Hi covid

I followed strat's 'THE PATH" many years ago when he started in Forex Factory. That is one of my foundation built during my trading journey. Make sure you complete strat's 'THE PATH" in his old thread Strat's Long Term Stress Free Trading. ***Start in strat' old thread ***

The more important indicator for Strat's PASR traders is his strat shadow 2009 and that has evolved from the time he started till his new thread Strat's PASR Long Term, Stress Free Trading in 2017. The other price action is his Weekly Control Candle WCC which does not require any custom indicator. You can spot them quite easily on the Weekly chart.

You will find his Acronym List here .

All the other price action stuff you will learn following strat's 'THE PATH' and I use only a few of the price action stuff here in Trading made Simple 5-Method. In TMS 5-Method, the OP only described PA as big candles and small candles and he refer to the HA candles.

Try this indicator call Price Action AHA. {click to download} ...it has more than you want and you can select which candle pattern you want alert in different timeframes. The nice things about this indicator is you load it on one chart TF and it will check other selected timeframes and it alerts you a few minutes before the candle period closes. You just need to wait till that candle time elapsed and the candle closed to confirm.

Have Fun while you learn during your trading journey.

Stay Safe!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,986
  • Aug 31, 2020 7:21pm Aug 31, 2020 7:21pm
Quoting emmanuel7788
Aug 31 7AM EST Anyone buy XAUUSD H1 now? {image} {image}
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD Aug 31 H1 31-8-2020 7-06-33 pm.png Size: 51 KB


XAUUSD Sep 01 H1

- still have not cleared that Aqua colour zone..

- take small trades with %Risk and Position Sizing.

- when the BREAKOUT happens, then load up ....

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD Sep 01 H1 1-9-2020 8-17-48 am.png Size: 50 KB


The big picture still the same below:

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD AUG 28 Rh 1-2-3 setup 29-8-2020 10-56-11 am.png Size: 23 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,987
  • Aug 31, 2020 7:24pm Aug 31, 2020 7:24pm
Poor old emmanuel, following Tekkies.
Neither the first time, neither the last time.

Grow up emmanuel.
  • #107,988
  • Aug 31, 2020 7:35pm Aug 31, 2020 7:35pm
Quoting Paracelsus47
Hello hello, Newb here looking for some advice. I've had a look through a lot of early posts and the PDF compilations of BigE's methods but want to know whether my approach is correct. I can only trade using 4H or higher time frames to fit in with the day job. What I've been doing is looking at the HA candles for a strong indication that the trend is about to change or has changed, taking into account support/resistance from previous days, overbought, oversold etc. I then look for a TDI crossover to confirm. Not quite sure what I'm looking for in...
Approach is incorrect.
You only take action when TDI cross. Read Post#6,
First TDI then PA. read post#270
Stoch is only to confirm the direction of the TDI green
Read post#1, 360, 647, 1659, 1716
  • #107,989
  • Aug 31, 2020 7:38pm Aug 31, 2020 7:38pm
Quoting Tekkies
Poor old emmanuel, following Tekkies. Neither the first time, neither the last time. Grow up emmanuel.

Poor Tekkies.
We all read his Post#107,945 which he concluded with:
"
Cheers Emmanuel.
Won't reply to any of your posts in the future Emmanuel, ......
"

I follow False Teachers & Fake Gurus in Forex Factory threads and I expose them and to save many innocent people from scams and online marketeers.

You should remembers to use your google search and do more research before you start the next scam in Forex Factory.

Read Big E post#1. He was scammed before with those "sure fire program for $2,300... saving $1,700 off the normal $4,000 price."

Stay Safe.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,990
  • Aug 31, 2020 7:45pm Aug 31, 2020 7:45pm
Quoting Paracelsus47
Hello hello, Newb here looking for some advice. I've had a look through a lot of early posts and the PDF compilations of BigE's methods but want to know whether my approach is correct. I can only trade using 4H or higher time frames to fit in with the day job. What I've been doing is looking at the HA candles for a strong indication that the trend is about to change or has changed, taking into account support/resistance from previous days, overbought, oversold etc. I then look for a TDI crossover to confirm. Not quite sure what I'm looking for in...
My approach when I started was "Follow the Trading Journey of the OP Big E and learn EVERYTHING he learned..."


Quoting Tekkies
{quote} Approach is incorrect. You only take action when TDI cross. Read Post#6, First TDI then PA. read post#270 Stoch is only to confirm the direction of the TDI green Read post#1, 360, 647, 1659, 1716
@Tekkies,

yours is not an Approach therefore also incorrect.
yours is selective reading of certain post ONLY and you missed the big picture.
when you read only those post # you mentioned, you are all over the place and disconnected from the bigger picture of the trading journey of the OP Big E.
you need to read all over again starting from Post#1 to Post#12,912 and do not skip the posts in between 1 and 12,912.


the history of eelfranz aka Big E is in this Post #110 by snarlyjack.

---------------------------------------------------------------------
Eelfranz,

THIS HISTORY SHOULD BE PLACED ON PAGE #1.

Here is a brief history of the "Trading made simple by Eelfranz".

When I first met Eelfranz we were studying the system "The
Stochastics Secrets 9-1-2008 by Red Trader". We were evaluating
all the possible ways of trading using Stochastics.

Which led to Craig Harris method 12-11-2009 of different possible
ways of using the Stochastics. Basically stochastics 8-3-3 using
a 15 minute chart with support and resistance.

Which led us to Synergy System with Dean Malone 1-1-2010. And
the finding of the TDI (Traders Dynamic Index) as the main indicator
not the stochastics. Using the stochastic as a secondary indicator.
Also using 1 hour, 4 hour daily charts. Which was new to me because
I was using the 5 minute and 15 minute charts.

Which led to the 5 system (Eelfranz) 1-1-2011 which is the
Trading Made Simple System on the main Forex Factory System
Section. Which is using the TDI indicator as the main indicator
not stochastics with the Ema 5 (typical) shift +3.

So in my mind 9-1-2008 to today 4-26-2011 (2 1/2 years in the making)
all in the search of greater profits with a simple system that is easy
to understand. We are here sharing with our fellow traders at Forex
Factory what we have come up with to be more successful.

If anyone in the future... is interested they can go to the
search function and search our posts starting with Red Trader and
the secrets of stochastics. In my mind this system has been a long
time in the making with hundreds of posts. We felt that it would
be easier for everyone to start a new heading on page 1 without having
to go through hundreds of old posts starting 9-1-2008.

Also I would like to thank Eelfranz for this wonderful learning journey
2 1/2 years and counting. Someone told me "how long is that string
that your pulling on at forex factory in the learning process". For me
it's been 2 1/2 years and still going strong. I've always had the
position of learn as much as you can because the economy is falling
apart and this just might be your next fulltime job so you better
learn. Also forex factory members have been great. Traders learning
from traders free...what could be better...

So once again a big Thank You to everyone and now you know!!!

snarlyjack

-----------------------------------------------------------------------------------
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,991
  • Aug 31, 2020 8:26pm Aug 31, 2020 8:26pm
GBPJPY Sep 01 H1

- consolidation at RN 141.50

- Do Not trade blindly the TDI green cross red.

- look at H4 and Daily
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY Sep 1 H1 14150 1-9-2020 9-23-19 am.png Size: 51 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,992
  • Aug 31, 2020 10:06pm Aug 31, 2020 10:06pm
Quoting emmanuel7788
{quote} Hi covid I followed strat's 'THE PATH" many years ago when he started in Forex Factory. That is one of my foundation built during my trading journey. Make sure you complete strat's 'THE PATH" in his old thread Strat's Long Term Stress Free Trading. ***Start in strat' old thread *** The more important indicator for Strat's PASR traders is his strat shadow 2009 and that has evolved from the time he started till his new thread Strat's...
Thanks Emmamuel,
But can you tell me more detail about WCC ?
  • #107,993
  • Aug 31, 2020 11:51pm Aug 31, 2020 11:51pm
Quoting covid
{quote} Thanks Emmamuel, But can you tell me more detail about WCC ?
First you follow THE PATH {link below} and complete that part of your journey,

then ask the PASR traders about strat's WCC in his current thread.

------------------------------------------------------------------

Strat

Here also is THE PATH as used and taken from my now expired private website and is now FREE for all. Thank you to Tetulla for posting this

https://web.archive.org/web/20120603...rning:overview

---------------------------------------------------------------------
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,994
  • Sep 1, 2020 12:06am Sep 1, 2020 12:06am
Quoting Paracelsus47
Hello hello, Newb here looking for some advice. I've had a look through a lot of early posts and the PDF compilations of BigE's methods but want to know whether my approach is correct. I can only trade using 4H or higher time frames to fit in with the day job. What I've been doing is looking at the HA candles for a strong indication that the trend is about to change or has changed, taking into account support/resistance from previous days, overbought, oversold etc. I then look for a TDI crossover to confirm. Not quite sure what I'm looking for in...
Along with looking at what can fit your time schedule, did you look at what can fit your financial situation? Are you aware of how much drawdown can occur with you trading conditions ? Do you have about 10x that drawdown amount in DISPOABLE (yes, DISPOSABLE as in can light a match to it with no care about it at all)?
To free Gazans of Hamas, use whatever it takes.
  • #107,995
  • Sep 1, 2020 12:40am Sep 1, 2020 12:40am
Quoting emmanuel7788
{quote} Hi covid I followed strat's 'THE PATH" many years ago when he started in Forex Factory. That is one of my foundation built during my trading journey. Make sure you complete strat's 'THE PATH" in his old thread Strat's Long Term Stress Free Trading. ***Start in strat' old thread *** The more important indicator for Strat's PASR traders is his strat shadow 2009 and that has evolved from the time he started till his new thread Strat's...
Emmanel, Do you have a guide on how to properly use this indicator? I'm reading THE PATH, but I am wondering if there is a user guide to using PA AHA. It is confusing as to what each symbol does.
  • #107,996
  • Sep 1, 2020 1:18am Sep 1, 2020 1:18am
Quoting jaik1211
{quote} Emmanel, Do you have a guide on how to properly use this indicator? I'm reading THE PATH, but I am wondering if there is a user guide to using PA AHA. It is confusing as to what each symbol does.
That indicator is not part of TMS, and BigE made it clear not to add things to TMS. So, take your questions about it to that thread.
To free Gazans of Hamas, use whatever it takes.
  • #107,997
  • Sep 1, 2020 1:19am Sep 1, 2020 1:19am
Quoting DrDave
{quote} That indicator is not part of TMS, and BigE made it clear not to add things to TMS. So, take your questions about it to that thread.
gotcha.
Thanks
  • #107,998
  • Sep 1, 2020 2:22am Sep 1, 2020 2:22am
Quoting jaik1211
{quote} Emmanel, Do you have a guide on how to properly use this indicator? I'm reading THE PATH, but I am wondering if there is a user guide to using PA AHA. It is confusing as to what each symbol does.

Hi Jaik1211

YES. I have my own written guide how I use that indicator PriceAction AHA and apply that to Post#647.
In Post#647 Big E would only say big candle and small candle, consolidation, support and resistance, etc. He did not know about this PriceAction AHA indicator and he did not know how it can be used to his Post#647.

Once you have completed strat's THE PATH, you would have a good idea what Price Action Support&Resistance PASR is about and then those on chart symbol will make more sense of Big E Post#647.

https://web.archive.org/web/20120603...rning:overview
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #107,999
  • Sep 1, 2020 2:32am Sep 1, 2020 2:32am
Quoting emmanuel7788
{quote} {image} XAUUSD Sep 01 H1 - still have not cleared that Aqua colour zone.. - take small trades with %Risk and Position Sizing. - when the BREAKOUT happens, then load up .... {image} The big picture still the same below: {image}
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD Sep 01 H1 broken zone 1-9-2020 3-28-46 pm.png Size: 50 KB


XAUDUSD Sep 01

H1 has broken that Aqua zone today.
I protect my positions and will add-on more positions with banked-in profits....
I switch to H4 and there is another Aqua zone above current price action

Attached Image (click to enlarge)
Click to Enlarge Name: XAUDUSD Sep 01 H4 1-9-2020 3-24-55 pm.png Size: 47 KB



Update your Daily and to see the breakout of the 1-2-3

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD AUG 28 Rh 1-2-3 setup 29-8-2020 10-56-11 am.png Size: 23 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,000
  • Sep 1, 2020 2:47am Sep 1, 2020 2:47am
Quoting jaik1211
{quote} Emmanel, Do you have a guide on how to properly use this indicator? I'm reading THE PATH, but I am wondering if there is a user guide to using PA AHA. It is confusing as to what each symbol does.

Quoting jaik1211
{quote} gotcha. Thanks

Better you listen to Dr Joe in THE PATH Chapter 17 and not FakeDr.

You want to learn how to identify the Price Action and learn how I trade with those price action on my chart,

then you start post you chart and I will explain.

Example of GBPJPY H4 chart below.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY H4 PriceActionAHA 1-9-2020 3-43-32 pm.png Size: 40 KB


Attached Image (click to enlarge)
Click to Enlarge Name: THE PATH Dr Joe 1-9-2020 3-48-37 pm.png Size: 131 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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