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Monitor for 'Trading Made Simple' system 565 replies

Trading Made Simple the right way, and other trading lessons 334 replies

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MTF Indicators for the 'Trading Made Simple' system 241 replies

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Trading Made Simple

  • #108,981
  • Sep 21, 2020 5:44am Sep 21, 2020 5:44am
Quoting Nat.Fx
{quote} Thank You BUT THIS SHII IS HARD!!! I dont know what i am doing wrong. About that post about why i let the sell trade open for that long. That is my bad wasn't watching TDI after i entered. was waiting for it to hit TP or SL Noted: will priortise TDI flatten and hook for exit over SL

It takes many years to learn to trade the different markets and you have chosen the retail spot forex which is the world' online casino.

Forget about the Traders_Dynamic_Index aka TDI for now. There is no one here who can show you a full 36-months of consistent profits just by trading with the TDI. Even the person who 'invented' the TDI is no longer trading and what happen to all the traders trading the Synergy trading systems.

You need to start new all over again and not here in this thread and not in any public trading forums. Get the basic trading and investment education some where else. Top priority is to complete your university education and start a career. If you have the opportunity to travel overseas and work in other countries, go for it! Build your own fortune in your home country because you will return one day and retire.

The OP Big E was not a university student when he started forex trading. He was a law graduate and ran his own business till his retirement. He traded the stock market for about 10 years in the 90s. He has the knowledge and experience which many here do not have. Many here are hobby traders with small trading capital.

Sorry, if this sound too discouraging at the moment. This is the hard truth and the covid19 thing had just make life even more difficult.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,982
  • Sep 21, 2020 6:14am Sep 21, 2020 6:14am
Quoting Tekkies
{quote} Bad idea Iddd, social media where money is involved with the personal information your are asking, scumbags will try swindle Nat out of any money he has. Take and make it private.

Scumbags.. there were a few in this thread during the 8 years I have been here since 2012.

One example is this member who started a commercial website to get members to sign up for some holy grail predictive TDI, trade signal service, dashboards, etc.

Many innocent members fell prey to such scumbags scams and lost money.

All the stuff indicators, expert advisor trade managers, dashboards, monitors etc. are all here shared free-of-charge.

Just take note, there is no holy grail TDI that can predict where price will go.

Attached Image (click to enlarge)
Click to Enlarge Name: GilR nonsense predictive TDI.png Size: 951 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,983
  • Sep 21, 2020 6:23am Sep 21, 2020 6:23am
Quoting Nat.Fx
Maybe i just need a little break, Like a few days, play games, Chat with friends and all that good stuff. Cos honestly my brain is hot

Good to take a short break and review. Like I said many times, this thread is about the trading journey of the OP Big E how he started as newbie in forex trading in Forex Factory. Read all his posts in FF and get to know the man. An it is important to read his old thread and learn how he traded different systems and using components from different systems and develop new systems. Both his methods - his 21/233 Method and his 5-Method are simple trading methods which you can adopt and develop further into your own trading systems that fit you - your personality, your financial objectives, your lifestyle, etc. It just need a lot of time and during this pandemic is the opportunity now to learn and to develop your own trading systems. I can share a lot more but there has to be interest to learn with open minds.
Do not let anyone here prevent you and destroy the opportunity and potential you have to have your own trading system.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,984
  • Sep 21, 2020 6:35am Sep 21, 2020 6:35am
Quoting stock1010
{quote} Hi Emamanuel, what kind of indicator is TMS Monitor? I like how it looks!
The thread title : "Monitor for 'Trading Made Simple' system" {here}

download details in this post #193
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,985
  • Sep 21, 2020 6:40am Sep 21, 2020 6:40am
Quoting emmanuel7788
TMS Monitor Sep 21 H4 5AM EST 2Am PDT my broker opens a new H4 candle I see a few good opportunities to make +5pips, +10pips, +15pips .... I pick the pairs with big candles like a BEEB/BUEB or BEOB/BUOB. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Sep 21 H4 2AM PDT 5AM EST 21-9-2020 5-01-40 pm.png Size: 35 KB


Another trade today based on the alert I received from the TMS Monitor

USDCHF Sep 21 M15 trade with H4 setup

- M15 entry after the H4 closed as BUOB candle and the H1 was bullish candle

- took profit +5pips, +10 pips and got stopped out by the reversal at RN.

Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF Sep 21 M15 trade 2 H4 21-9-2020 7-29-43 pm.png Size: 45 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,986
  • Sep 21, 2020 6:56am Sep 21, 2020 6:56am
Quoting Nat.Fx
Maybe i just need a little break, Like a few days, play games, Chat with friends and all that good stuff. Cos honestly my brain is hot
Have you tried Beethoven's method for inspiration?
To free Gazans of Hamas, use whatever it takes.
  • #108,987
  • Sep 21, 2020 7:44am Sep 21, 2020 7:44am
Quoting mtako
{quote} Thats a perfect entry by the rules, well done. But on small timeframes, you have no chance of surviving just picking crosses. most are losses. You need to have a set of rules to establish what crosses you will take. Do you have any ? What are they ? In this instance, you are selling when price has been making higher highs and higher lows. You could have had several profitable trades if you had gone with only buy crosses.. You could start focusing on that, for example. is price making Higher high and higher lows? get in those crosses...
Of course you will have mostly losses IF you "just pick crosses" as you said. But by saying that, you have clearly missed the entire purpose of the TDI crosses!

You don't make an entry because of a TDI green cross red! This is nothing but a SIGNAL to start your EVALUATION! And the evaluation in this case, using criteria presented by BigE, was, as you said, "a perfect entry by the rules." But on small TFs, because BigE looked for trades in either direction and typically was not looking at multiple TFs for information, it is no surprise that he experienced agonizing whipsaws.

If you are going to try to use TDI to help you to trade on smaller TFs, then you need to get context from BOTH larger AND smaller TFs to improve your odds of success. And because BigE was not doing that, it is not covered in this thread.
To free Gazans of Hamas, use whatever it takes.
  • #108,988
  • Sep 21, 2020 8:15am Sep 21, 2020 8:15am
Quoting mtako
{quote} ?I wasnt talking about what youre talking about.... I was clearly talking about "just picking the crosses" for exactly the same reason you were pointing out. Thanks for not really paying attention and taking things out of context. I agree 100% with what you just said about the evaluation around all of it. If you had read and understood my posts, you wouldve have known,..
I read your entire post. I am a fluent native US English speaker. My reading comprehension is above average.

You made no reference to context. You DID say "You need to have a set of rules to establish what crosses you will take." And then you gave some examples, none of which spoke of context gained from other timeframes.

So thanks for your smug remarks and upholding the Code of Conduct to the best of your abilities.
To free Gazans of Hamas, use whatever it takes.
  • #108,989
  • Sep 21, 2020 8:20am Sep 21, 2020 8:20am
Quoting mtako
EURUSD SOLD closed -7pips !
Sorry to tell you, but if you are trying to follow BigE's system, then you are entering too late. That is entering on bar 5 (possibly only bar 4 for some feeds) of the HA down bars in the swing, so is too late to enter on M15.
To free Gazans of Hamas, use whatever it takes.
  • #108,990
  • Sep 21, 2020 8:27am Sep 21, 2020 8:27am
Quoting mtako
resold of the bounce !
What bounce? Is it possible that our data feeds are so different that you have green coming down but I don't????

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 26 KB
To free Gazans of Hamas, use whatever it takes.
  • #108,991
  • Sep 21, 2020 8:30am Sep 21, 2020 8:30am
One thing i hate about myself is that. I don't know how to relax

I wana stay of Fx for some days. Next thing i find myself looking at HHs and HLs

In short, I am Back
  • #108,992
  • Sep 21, 2020 8:33am Sep 21, 2020 8:33am
Quoting mtako
{quote} You missed my point about my examples. I was talking about exercises ideas, nothing else.. And just because I didnt mention other timeframes doesnt mean anything, the focus wasnt on that. And they werent smug remarks. I told you you misunderstood me, and you still do, has nothing to do with your English, its just something that happens to all of us, nothing personal. Hell, I dont understand why you are acting this way. I was trying to help him, just sharing ideas.
Ah, OK, then maybe "condescending" would be a better fit.

Like this condescending remark:'Thanks for not really paying attention and taking things out of context."
To free Gazans of Hamas, use whatever it takes.
  • #108,993
  • Sep 21, 2020 8:33am Sep 21, 2020 8:33am
Took a look at multiple timeframes of some charts

Many of em are Ranging. Best bet is to sell at the top of the range and buy the bottom of the range (signaled by TDI)

Some USD pairs just broke out of the ranges. Hopefully we see a LH and LL. So it would be sell sell sell on the pullbacks for a few days
  • #108,994
  • Sep 21, 2020 8:38am Sep 21, 2020 8:38am
Quoting mtako
{quote} You missed my point about my examples. I was talking about exercises ideas, nothing else.. And just because I didnt mention other timeframes doesnt mean anything, the focus wasnt on that. And they werent smug remarks. I told you you misunderstood me, and you still do, has nothing to do with your English, its just something that happens to all of us, nothing personal. Hell, I dont understand why you are acting this way. I was trying to help him, just sharing ideas.
I know the focus was not on other timeframes: I raised this issue as an important point in addition to the examples that you gave, which said nothing at all about context from other TFs.

And yes, I did understand on first reading that you gave those as examples of exercises that could be used: It was clear from the final sentence of the post.
To free Gazans of Hamas, use whatever it takes.
  • #108,995
  • Sep 21, 2020 8:39am Sep 21, 2020 8:39am
To those against Price Action trading. I hope you will pardon me in thread

Cos Price Action is the system that has helped me best in Forex

I tried testing indicator based trading buh its not yielding much results

So I'll be mixing PA with TMS. Might not bring much signals (sadly ) but chances of getting lashed by a 50 pip long whip will drop considerably
  • #108,996
  • Sep 21, 2020 8:46am Sep 21, 2020 8:46am
Quoting mtako
{quote} on that last cross, n0t the one youre thinking about... I traded on the first candle \.. I meant POSSIBLE reselling of bounce. Of course there is no bounce. I wouldve given you the benefit of the doubt seing there was no bounce... DAVEEEEE hahahahahah youre sooo quick on your bounce !!! I l ove you guy!!!!
No one except yourself can know what you MEANT to say.: We can go only by what you ACTUALLY said.
"resold of the bounce !"

We can make a GUESS that "of" should be "off" or perhaps delete "of". In either case, "resold" is clearly past tense.

We can also make a guess, after looking at our own charts with no bounce, that you were not looking at EURUSD M15.

And where would these guesses have landed our understanding of your words? It would have landed it at a different location than where you placed it.
To free Gazans of Hamas, use whatever it takes.
  • #108,997
  • Sep 21, 2020 8:49am Sep 21, 2020 8:49am
Quoting mtako
resold of the bounce !
Post at least a chart, let the reader's can visualize what you see as a bounce and where you entered the trade.
-----
mtako, many that come to forexfactory are people that are in despair to better their living condition. Humor has his place and time, a little discretion can go a far way.
Don't you agree?

( not trying to walk on water, but ..................)
  • #108,998
  • Sep 21, 2020 8:49am Sep 21, 2020 8:49am
This thread is funny

Now the argument is about English?
  • #108,999
  • Sep 21, 2020 8:50am Sep 21, 2020 8:50am
Quoting Nat.Fx
To those against Price Action trading. I hope you will pardon me in thread Cos Price Action is the system that has helped me best in Forex I tried testing indicator based trading buh its not yielding much results So I'll be mixing PA with TMS. Might not bring much signals (sadly ) but chances of getting lashed by a 50 pip long whip will drop considerably
Why/how would you get a 50 pip lash on a small account? I would expect that you would not risk the equity that would go along with a 50 pips SL, and it is not likely that you would allow a small account to have such a large floating equity drawdown.
To free Gazans of Hamas, use whatever it takes.
  • #109,000
  • Sep 21, 2020 8:52am Sep 21, 2020 8:52am
Quoting Nat.Fx
To those against Price Action trading. I hope you will pardon me in thread Cos Price Action is the system that has helped me best in Forex I tried testing indicator based trading buh its not yielding much results So I'll be mixing PA with TMS. Might not bring much signals (sadly ) but chances of getting lashed by a 50 pip long whip will drop considerably

I am 100% for trading with price action and I know Post#647 very well. Big E was a honest man and when he posted that we can trade without the TDI, that made me think and I found out why. The TDI is lagging and it was his helping indicator.

Big E said : you can trade without the TDI

#3044
#3103
#3418
#2617

Your local time zone is same as UK right?
Then you can trade GBPUSD M15 following the old thread. I can help you to trade M15 during London session Open till NY open.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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