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Trading Made Simple

  • #108,161
  • Sep 8, 2020 11:08am Sep 8, 2020 11:08am
Quoting Nat.Fx
I used Candle replay system on EURUSD 1 hr TF to test the TMS strategy. RESULT: 11 trades; 6 wins, 1 loss, 4 BE (tiny profits actually) making the W-L ratio 85% (91% if small wins were added) NET PIPS: 224 pips. TMS really is great strategy. Thank you Big E. Vertical lines are entries made on candle open. Rectangles are exits. Red rectangle means loss. Black means BE. Green means profit. {image}
"Vertical lines are entries made on candle open. "
Ooops, someone is going to blow a gasket.
Attached Image
  • #108,162
  • Sep 8, 2020 11:33am Sep 8, 2020 11:33am
Quoting Tekkies
{quote} "Vertical lines are entries made on candle open. " Ooops, someone is going to blow a gasket. {image}
Did i do something wrong?

I used the candle open cos thats how i understand it most. Present candle open is also previous candle's close
  • #108,163
  • Sep 8, 2020 11:50am Sep 8, 2020 11:50am
Quoting Nat.Fx
{quote} Did i do something wrong? I used the candle open cos thats how i understand it most. Present candle open is also previous candle's close
No, you did nothing wrong.
The "talking-head", yep the one that 10 <> 20 post in row does not acknowledge v-line on any chart. Even those on BigE's chart's are ignored by him.
----
Some of your v-line entry's are incorrect. a Couple are on bar 2 or 3 after the crossover.
For comparison. Compare this cross-overs against your chart.
(chart re-fresh)
Attached Image (click to enlarge)
Click to Enlarge Name: comparerr.PNG Size: 84 KB
  • #108,164
  • Edited 1:26pm Sep 8, 2020 1:06pm | Edited 1:26pm
Quoting Tekkies
{quote} No, you did nothing wrong. The "talking-head", yep the one that 10 <> 20 post in row does not acknowledge v-line on any chart. Even those on BigE's chart's are ignored by him. ---- Some of your v-line entry's are incorrect. a Couple are on bar 2 or 3 after the crossover. For comparison. Compare this cross-overs against your chart. (chart re-fresh) {image}
Thanks, I just looked at it again and discovered the TDI i used to take the entries was a bad one. Used a new TDI that i made and i could clearly see the green line at the other side

Do you enter at anytime you see a cross or you enter at new candle after a cross (open of next candle after a cross)
Attached Image (click to enlarge)
Click to Enlarge Name: New TDI Correction.PNG Size: 51 KB
  • #108,165
  • Sep 8, 2020 2:28pm Sep 8, 2020 2:28pm
Quoting Nat.Fx
{quote} Thanks, I just looked at it again and discovered the TDI i used to take the entries was a bad one. Used a new TDI that i made and i could clearly see the green line at the other side Do you enter at anytime you see a cross or you enter at new candle after a cross (open of next candle after a cross) {image}
I, only trade when green cross red any time frame.
(prefer that M15H1 agree on direction of intendant trade)
Read this Post 97,082
Look at chart below.
That is when you enter a trade.
Attached Image (click to enlarge)
Click to Enlarge Name: herere4.PNG Size: 22 KB

Why no trade?
- Market close in a 90 min, bumping against support, little to close to 32 line........
  • #108,166
  • Sep 8, 2020 3:17pm Sep 8, 2020 3:17pm
Quoting Tekkies
{quote} I, only trade when green cross red any time frame. (prefer that M15H1 agree on direction of intendant trade) Read this Post 97,082 Look at chart below. That is when you enter a trade. {image} Why no trade? - Market close in a 90 min, bumping against support, little to close to 32 line........
I think i understand now. According to your post https://www.forexfactory.com/thread/...2#post12268712 ... You dont wait for crossover on H1 cos of possible loss of price momentum. But on M15 you wait for clear cross of TDI before entering at the beginning of the next candle. And you dont trade when near 32 and 68 levels, or Support and resistance. You also dont trade 2 and 4'o clock crosses

Please correct me if im wrong
  • #108,167
  • Sep 8, 2020 3:33pm Sep 8, 2020 3:33pm
Quoting Nat.Fx
{quote} I think i understand now. According to your post https://www.forexfactory.com/thread/...2#post12268712 ... You dont wait for crossover on H1 cos of possible loss of price momentum. But on M15 you wait for clear cross of TDI before entering at the beginning of the next candle. And you dont trade when near 32 and 68 levels, or Support and resistance. You also dont trade 2 and 4'o clock crosses Please correct me if im wrong
- dont wait for crossover on H1 cos of possible loss of price momentum.
Yes and No
- M15 is the setup to trade. It is M15 TDI angle (momentum) that is used to take trade into profit (fast???)
H1 is only confirming the direction (the last 15min of the H1 bar is the best time)
The same must be used when trading each time frame on it own >> angle of TDI green
- M15 you wait for clear cross of TDI before entering
Correct
-dont trade when near 32 and 68 levels
Read TDI cross.pdf
-dont trade 2 and 4'o clock crosses
wrong > No trade between 2/4
  • #108,168
  • Edited 4:05pm Sep 8, 2020 3:44pm | Edited 4:05pm
Quoting Tekkies
{quote} - dont wait for crossover on H1 cos of possible loss of price momentum. Yes and No - M15 is the setup to trade. It is M15 TDI angle (momentum) that is used to take trade into profit (fast???) H1 is only confirming the direction (the last 15min of the H1 bar is the best time) The same must be used when trading each time frame on it own >> angle of TDI green - M15 you wait for clear cross of TDI before entering Correct -dont trade when near 32 and 68 levels Read TDI cross.pdf -dont trade 2 and 4'o clock crosses wrong > No trade between 2/4...
Ok. Last thing to clarify now. You take and enter your trades from M15. You only use H1 to confirm direction

will read TDI cross.pdf now

Can i also get your TDI indicator please?
  • #108,169
  • Sep 8, 2020 4:39pm Sep 8, 2020 4:39pm
be warned of this!
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD H1 price gap 9-9-2020 5-36-59 am.png Size: 230 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,170
  • Sep 8, 2020 4:51pm Sep 8, 2020 4:51pm
Quoting Nat.Fx
{quote} Ok. Last thing to clarify now. You take and enter your trades from M15. You only use H1 to confirm direction will read TDI cross.pdf now Can i also get your TDI indicator please?
Trade any time frame you want.
I prefer M15 and H1.
- M5 is tough to make profit because of spread.
- Download post#25 TDI.
  • #108,171
  • Sep 8, 2020 4:59pm Sep 8, 2020 4:59pm
The OP said you can trade without the TDI.

SomeOne keep ignoring these posts and will never learn.

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
  • #108,172
  • Sep 8, 2020 5:05pm Sep 8, 2020 5:05pm
Quoting Tekkies
{quote} Trade any time frame you want. I prefer M15 and H1. - M5 is tough to make profit because of spread. - Download post#25 TDI.

Thank you veryy much for your time, Tekkies
  • #108,173
  • Sep 8, 2020 5:11pm Sep 8, 2020 5:11pm
Quoting Nat.Fx
{quote} Thanks, I just looked at it again and discovered the TDI i used to take the entries was a bad one. Used a new TDI that i made and i could clearly see the green line at the other side Do you enter at anytime you see a cross or you enter at new candle after a cross (open of next candle after a cross) {image}

You will do well when you stick to the Fozzy-RSI which you have on your chart. That is realtime just like the Stoch.
Just forward test the setting you have RSI(13)>MA(2)>MA(7) on your chart.
After 1,000 trades, you will learn a lot more than someOne here and you will understand why the OP said in the post#108,173 just above.

You can fine tune your own trading rules using that same RSI(14) or RSI(3).

To trade without the TDI, you can learn from this book ...
RSI: The Complete Guide by John Hayden click to [download]

Trend Determination using the RSI (TDI)click to [download]

The Truth about Divergence ... read Chapter 4 Page 65

careful ... "divergence" and"Divergence" are the 'same and different' in this thread.

someOne got confused with these two words Divergence Post#5 and the divergence which traders talked about.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,174
  • Sep 8, 2020 5:20pm Sep 8, 2020 5:20pm
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: Big e Post#2 chart.png Size: 117 KB


Training chart by the OP.

If you follow his posts as listed in Post#108,173 above ... "you can trade without the TDI..."

and learn to trade without the TDI,

then his training chart would look like this below....

Learn the Price Action you see on the price chart as your training to the next higher level.
Attached Image (click to enlarge)
Click to Enlarge Name: Big E post#2 training chart not TDI.png Size: 125 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,175
  • Sep 8, 2020 5:38pm Sep 8, 2020 5:38pm
Quoting eelfranz
To All - 2scoops is one of the oldest traders for our method. He understands more than most. He works hard to help you all and deserves your respect. When he posts... pay attention. He will help you become successful. I consider him AAA+++. Thank you 2scoops.

Why did 2scoops fell out with trading TMS?
Post #2617 was no help to him.

July 2011
To All -

2scoops is one of the oldest traders for our method. He understands more than most. He works hard to help you all and deserves your respect. When he posts... pay attention. He will help you become successful. I consider him AAA+++. Thank you 2scoops.


Dec 2016
<2scoops>
I fell out with trading in the end although I wouldn't rule out a return one day, I don't think TMS was that good of a system really, no better than any other, i think back then i was just drawn to Eelfranz's enthusiasm and character
<>

Attached Image (click to enlarge)
Click to Enlarge Name: 2scoops 18-8-2020 2-18-46 pm.png Size: 170 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,176
  • Sep 8, 2020 5:39pm Sep 8, 2020 5:39pm
Quoting emmanuel7788
{quote} {image} Training chart by the OP. If you follow his posts as listed in Post#108,173 above ... "you can trade without the TDI..." and learn to trade without the TDI, then his training chart would look like this below.... Learn the Price Action you see on the price chart as your training to the next higher level. {image}
Oh. I see. I'm actually here cos price action with S/R seems really slow and hectic for me. Been trading with Price action for a long time. Stumbled upon TDI couple month ago and it seems a lot more interesting and "simpler" than price action and breakout trading. Thats why i'm here. So according to you im actually making a downgrade Lol. I'll take it
  • #108,177
  • Sep 8, 2020 5:56pm Sep 8, 2020 5:56pm
Quoting Nat.Fx
{quote} Oh. I see. I'm actually here cos price action with S/R seems really slow and hectic for me. Been trading with Price action for a long time. Stumbled upon TDI couple month ago and it seems a lot more interesting and "simpler" than price action and breakout trading. Thats why i'm here. So according to you im actually making a downgrade Lol. I'll take it
No. You missed my point. I did not say nor imply you are 'making a downgrade'....

Since you have been trading Price Action with Support/Resistance, then you are steps ahead of some others here. You maybe overwhelmed with too many of the Price Action stuff. PA by the OP is quite simple, he use the HA candles and the 5EMA. I pick only the reversal and momentum candle patterns and follow Post#261.
Using the oscillators like the Stoch and the RSI without knowledge of the market type conditions is what impede traders from advancing their trading and to greater trading success.
I have said these before: Post#108,142

Trading Made Simple is the 5-Method ...

- trading with custom lagging oscillator like the TDI Post#25 is not a problem

- trading with a repainting of the green and red lines is also not a problem

You need to discover what works for you and develop your own winning systems that fit you.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,178
  • Sep 8, 2020 6:03pm Sep 8, 2020 6:03pm
Quoting Tekkies
{quote} ... Why no trade? - Market close in a 90 min, bumping against support, little to close to 32 line........

spot forex market did not close in "90 min".

New York closes at 5pm local time, and Sydney open following NY close ...

Attached Image (click to enlarge)
Click to Enlarge Name: market session.png Size: 13 KB


you broker may have 'paused' their servers and that will cause you TDI#25 to refresh and repaint.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,179
  • Edited 6:24pm Sep 8, 2020 6:13pm | Edited 6:24pm
Quoting Tekkies
{quote} I, only trade when green cross red any time frame. (prefer that M15H1 agree on direction of intendant trade) Read this Post 97,082 Look at chart below. That is when you enter a trade. {image} Why no trade? - Market close in a 90 min, bumping against support, little to close to 32 line........
Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies EU H1 9-9-2020 7-12-35 am.png Size: 240 KB


Its the same day-in day-out, look for the market swings.
There are many different type of swings but the OP Big E taught many in his old thread to look for the Natural Flow of the Market, and the 5 bars swing high and 5 bar swing low is just one of the common price action we see on TMS charts and in all timeframes. Be disciplined and trade these swings as one of your favourite patterns.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Sep 08 H1 swing high 9-9-2020 7-06-54 am.png Size: 49 KB


Also see these posts #108,158 and #108,155
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,180
  • Sep 8, 2020 6:24pm Sep 8, 2020 6:24pm
Quoting Nat.Fx
{quote} Oh. I see. I'm actually here cos price action with S/R seems really slow and hectic for me. Been trading with Price action for a long time. Stumbled upon TDI couple month ago and it seems a lot more interesting and "simpler" than price action and breakout trading. Thats why i'm here. So according to you im actually making a downgrade Lol. I'll take it
Emmanuel must be promoting his Price Action. Nothing new. He has been trying to do that for many years now. Take a look at his chart's. TDI and Stoch is still on them and so far no chart's posted where only Price Action is used to trade with.
That alone say something is not right.
(...Even if such chart is posted, what was removed before a screenshot was taken?)
-----
Nat, when TDI green cross red it is only an indication that a trade can be placed. Post#647 is basic Forex "stuff" that every trader should know.
(Did you go to Babypips to learn Forex?. I did.)
All that TDI cross does is to point to a bar and say to a trader: "With this crossover on this bar you should look to place an entry. "
Read post#261, #309
#769... I look at everything... last hi/lo, last reversal strength, candle size, is Stochs confirming, is it candle 1 or 2... everything... TDI gives me the signal.. it's my job to check out the rest...

Only real advice is to download TMS BigE full.pdf. Study every post and use google search to fact check what BigE has posted.
What member's post in this thread is mostly how they understand BigE's post.
You have to do your own homework
There is a reason why BigE posted this:
#285....Quit making excuses.. if it was any simpler there wouldn't be a method... it's bare bones now.
Simple rules, easy TDI entries and exits... fine tune it to your understanding... don't add anything... don't comp
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