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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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Trading Made Simple system follower - Thanks to eelfranz 9 replies

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Trading Made Simple

  • #109,221
  • Sep 26, 2020 5:56am Sep 26, 2020 5:56am
Quoting Tekkies
{quote} Post 5
Great!
Attached Image

Thanks for that
To free Gazans of Hamas, use whatever it takes.
  • #109,222
  • Sep 26, 2020 6:00am Sep 26, 2020 6:00am
My job is to attempt to sift the truth from the bullshit.
--- Prof. Lisa Feldman Barrett ---
To free Gazans of Hamas, use whatever it takes.
  • #109,223
  • Sep 26, 2020 7:08pm Sep 26, 2020 7:08pm
It's Sunday and if you have time to review what you have been doing in your trading, here is a good video and watch again even if you has seen this more than 10 years ago. Thanks to member classy who posted this in his thread PTZ Based on Volume Spread Analysis and Harmonic Patterns.

Inserted Video


I just finished viewing that video and taken down some notes of many takeaways which I have experienced myself during the last 20 years trading spot forex.

Hope you too will find those takeaways which you can work on and improve your trading.

Have a Good Weekend. Stay Safe.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,224
  • Sep 27, 2020 4:25pm Sep 27, 2020 4:25pm
Quoting eelfranz
Alright all you party animals trying to recover from last night... or longer... Last couple of pages has covered many different topics... well, touched base anyway.... 2scoops... on post 2594... 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...
The OP can trade without the TDI ... it just the puzzle!

#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?

Read above...

I can take you to water but I can't make you drink... follow the simple entry & exit rules. Forget other indicators. I went down those roads so you wouldn't have too...

There is a handful who trade it correctly here who are rewarded nicely...

to solve the puzzle why he started this thread and teach people the TDI is the heart of Trading Made Simple,

you have to go back in history where he started his trading journey in Forex Factory... one piece of his puzzle at a time.

#296 Nov 4, 2008

#3044 Jan 20, 2011

#3103 Jan 26, 2011

#3418 Feb 12, 2011


#2617 May 16, 2011
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,225
  • Sep 27, 2020 5:21pm Sep 27, 2020 5:21pm
Quoting eelfranz
Don't get fired ! Just make the necessary transition to trading 4hr charts during the London session... or Daily charts.
Trading Made Simple:

#281


.... transition to trading 4hr charts during the London session... or Daily charts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,226
  • Sep 27, 2020 5:54pm Sep 27, 2020 5:54pm
Quoting emmanuel7788
{quote} The OP can trade without the TDI ... it just the puzzle! #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...

#296 Nov 4, 2008

Big E : "I profit every day by using Stochastics....."

If you profit everyday with the Stochastics, then why add anything like the TDI?

Hope you find the missing pieces of the puzzle soon and see the light at the end of the tunnel ... and don't get run over by an oncoming train.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,227
  • Sep 27, 2020 6:28pm Sep 27, 2020 6:28pm
Quoting emmanuel7788
{quote} Trading Made Simple: #281 .... transition to trading 4hr charts during the London session... or Daily charts
FAQs

When we make the transition to trade H4 and Daily, how do we apply Post#647?

- Know the market type condition of the pair when you do you weekly top down analysis.
- Plan your trades according to the market type conditions and know which market types are best suited for trading TMS H4 and Daily.

- remember the basics, H4 has 29 candles per week, Daily has 5 candles per week. What if your broker has a Sunday candle?
Attached Image
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,228
  • Sep 28, 2020 4:56pm Sep 28, 2020 4:56pm
Quoting emmanuel7788
It's Sunday and if you have time to review what you have been doing in your trading, here is a good video and watch again even if you has seen this more than 10 years ago. Thanks to member classy who posted this in his thread PTZ Based on Volume Spread Analysis and Harmonic Patterns. https://youtu.be/L34PEEIuRgo I just finished viewing that video and taken down some notes of many takeaways...
@emmanuel7788 -- a wonderful entertaining, educational and insightful video. My favorite, so far. Thanks for posting it...
  • #109,229
  • Sep 28, 2020 6:01pm Sep 28, 2020 6:01pm
Quoting robots4me
{quote} @emmanuel7788 -- a wonderful entertaining, educational and insightful video. My favorite, so far. Thanks for posting it...
Attached Image (click to enlarge)
Click to Enlarge Name: hand reaching the peak.png Size: 271 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,230
  • Sep 28, 2020 6:13pm Sep 28, 2020 6:13pm
Quoting eelfranz
Don't get fired ! Just make the necessary transition to trading 4hr charts during the London session... or Daily charts.
USDCAD Sep 29 H4 9Am EST

- H4 is narrow range trading within the high-low of the Daily Mother Bar/Inside Bar ... CONSOLIDATION

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Sep 29 H4 9amEST 29-9-2020 9-06-15 am.png Size: 88 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,231
  • Sep 29, 2020 7:52am Sep 29, 2020 7:52am
Hi,

First of all, a HUGE thank you to Emmanuel7788 for sharing his strategy here for free. I really feel he spared a lot of time for us. I tend to believe more in this thread than expensive seminars. But anyway I started to practise with historic data to build confidence in the strategy - which I have now - and now I am also running a demo account to experience it in real-time and build the confidence in myself. Planning to do that until the end of the year and start a real account from January.

Super excited to see the real results. The demo just seems insane.
  • #109,232
  • Sep 29, 2020 9:33am Sep 29, 2020 9:33am
Quoting figspan
Hi, First of all, a HUGE thank you to Emmanuel7788 for sharing his strategy here for free. I really feel he spared a lot of time for us. I tend to believe more in this thread than expensive seminars. But anyway I started to practise with historic data to build confidence in the strategy - which I have now - and now I am also running a demo account to experience it in real-time and build the confidence in myself. Planning to do that until the end of the year and start a real account from January. Super excited to see the real results. The demo just...
Clearly you are a shill.

Save yourself a shipload of agony and stick with Symphonie.

Emmanuel7788 has no strategy. He has a mish-mash of ideas, theories, indicators, EAs, etc, etc. that he has collected over 30 years. He posts one idea on one day, some other idea on another day, uses gimmick A for this trade, gimmick B for that trade, and almost none of it follows the SIMPLE information that BigE presented in this Trading Made Simple thread.

If you managed to write down a set of rules to follow based on the nonsense that he presents, then I hope you did not waste a few hundred trees printing out those hundreds of pages that you wrote.

Did you include weekly top down analysis, at least 20 candle patterns and types (such as mother bar, BUEB, BUOB, momentum bar), Ross hook, Medhi's offshoot of TMS, MEME, the EAs to do most of the thinking for you, multiple exit methods (such as let an EA figure it out for you, trailing stop 2 bars back, fixed stop at last swing bar, trailing stop by ATR, trailing stop by fixed pips).

Wow! I'm tired just from writing this small selection of the nonsense that he claims to use, so I can't imagine how exhausting it is for you to have to read through so many pages of criteria just to make an entry decision, and then followed up with more exhausting reading for an exit decision.

Clearly, you have to be trading on daily and higher timeframes to be able to have enough time to finish going through criteria before the trade has already played out!
To free Gazans of Hamas, use whatever it takes.
  • #109,233
  • Sep 29, 2020 10:06am Sep 29, 2020 10:06am
Get your facts first, and then you can distort them as much as you please.
-- Mark Twain --
To free Gazans of Hamas, use whatever it takes.
  • #109,234
  • Sep 29, 2020 4:09pm Sep 29, 2020 4:09pm
Post#1

Quoting eelfranz
Is that possible? Yes. You'll learn down the road that most of the stuff you have learned in the past is crap. I did. building confidence... without confidence in your entries and exits you have nothing worth while. We have a group of great traders who have been trading this method for 6-8 months already who will help you jumping in to answer your questions too. I am very protectful of all our members. We don't have a stressful thread... no name calling allowed. I'll delete anyone who starts any problems....
Fact ...
----------------------------------------------------
We have a group of great traders who have been trading this method for 6-8 months already who will help you jumping in to answer your questions too.

I am very protectful of all our members. We don't have a stressful thread... no name calling allowed. I'll delete anyone who starts any problems. If you have a problem PM me and don't post it. If your not happy... please move on quietly. I'd do the same for you. You want Stress Free learning... come join us...


-------------------------------------------------------
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,235
  • Sep 29, 2020 4:11pm Sep 29, 2020 4:11pm
Dr Edward de Bono

Attached Image (click to enlarge)
Click to Enlarge Name: Edward de Bono quote1.png Size: 176 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,236
  • Sep 29, 2020 4:28pm Sep 29, 2020 4:28pm
Quoting figspan
Hi, First of all, a HUGE thank you to Emmanuel7788 for sharing his strategy here for free. I really feel he spared a lot of time for us. I tend to believe more in this thread than expensive seminars. But anyway I started to practise with historic data to build confidence in the strategy - which I have now - and now I am also running a demo account to experience it in real-time and build the confidence in myself. Planning to do that until the end of the year and start a real account from January. Super excited to see the real results. The demo just...
Hi figspan

The 5-Method shared by the Big E the OP of this thread works great and I use this same method and developed several several systems with different money management strategies to trade in different market type conditions. What is even more important is to have the right mental strategies when you are trading different systems in different market types. You will develop your mental fitness to trade when you have been trading for a long time like 30 years.

Good that you have done your own practice with historical data now started on demo trading. Make your demo trading as real as possible and to have a realistic account deposit like what you would be trading with real money, this is to test your money management strategy and your entry and exit strategy. Real-time demo trading in live market conditions will help you learn faster and you will build confidence in the method over time. Remember this post #4752 by Big E, this is another piece his puzzle.


#4752
--------------------------------------------
Hey Gang,

You know I prefer to trade the the 1 & 4hr timeframes....

Don't be afraid to trade the Dailies for you working guys and gals. They generally have nice runs per reversal.... give it a try....
---------------------------------------------
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,237
  • Sep 29, 2020 5:29pm Sep 29, 2020 5:29pm
Quoting emmanuel7788
{quote} USDCAD Sep 29 H4 9Am EST - H4 is narrow range trading within the high-low of the Daily Mother Bar/Inside Bar ... CONSOLIDATION {image}

USDCAD Sep 30 H4 update

- nothing happened yesterday, so the stalking continues today on H1 as H4 is ranging sideway with another test of the 'highs'

- Daily is a bigger picture of the current market conditions
Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Sep 30 H4 w D1 30-9-2020 8-14-02 am.png Size: 58 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,238
  • Sep 29, 2020 6:34pm Sep 29, 2020 6:34pm
Quoting DrDave
{quote} Clearly you are a shill. Save yourself a shipload of agony and stick with Symphonie. Emmanuel7788 has no strategy. He has a mish-mash of ideas, theories, indicators, EAs, etc, etc. that he has collected over 30 years. He posts one idea on one day, some other idea on another day, uses gimmick A for this trade, gimmick B for that trade, and almost none of it follows the SIMPLE information that BigE presented in this Trading Made Simple thread. If you managed to write down a set of rules to follow based on the nonsense that he presents, then...
Dave, figspan only have to follow the few post's that Nate posted. (Actually figspan should ask Nate for guidance.)
  • #109,239
  • Sep 29, 2020 6:52pm Sep 29, 2020 6:52pm
Quoting Tekkies
{quote} Dave, figspan only have to follow the few post's that Nate posted. (Actually figspan should ask Nate for guidance.)
Actually, member figspan has more options than to ask Nat.FX.
figspan has joined FF in Dec 2011 but was not active in posting in FF.

----------------------------------------------------------------------------------------------------
New traders coming to this thread have three Options:

Option #1: Go to this post link, read and follow that post.The TMS history is all here.

https://www.forexfactory.com/showthr...2#post10965032

Option #2:
A quick read of the Best of Big E pdfs compiled by older members here will be another option.
Go to this post link, download and read those two pdfs files.
simply click to download:

Best of Big E - Part 1

Best of Big E - Part 2

Option #3:
For those with some years of trading experience trading with indicators, this option may be better.

Click and read One, Two and Three

TMS being the 5-Method is a technical trading methodology therefore you need to add your own Money Management and make it your own system. Your trading psychology Mental Strategy is another subject matter not talked about much.

Big E was a rule-based discretionary trader. He often did not follow his basic rule Post#6 - TDI for entry and exit. He also did not always exit his trades at 6AM PDT. He has his 'variations' to when to exit a trade.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,240
  • Sep 29, 2020 7:10pm Sep 29, 2020 7:10pm
Quoting eelfranz
Those wanting more examples go to Forum: Commercial, then Craig Harris Stochastics Method... then start reading on page 246, post 3676 to the end... you will learn more fast... We switched from there to only discuss this method in the new forum...

Fact
Post#336, the OP Big E wrote this:
----------------------------------------------------------
Those wanting more examples go to Forum: Commercial, then Craig Harris Stochastics Method... then start reading on page 246, post 3676 to the end... you will learn more fast... We switched from there to only discuss this method in the new forum...

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

I suggest instead of reading from page 246 post 3676, everyone wanting to follow the trading journey of Big E should read from Post #1 of that thread title Craig Harris Stochastics Method and learn EVERYTHING, learn every of the other methods he shared in that old thread. Watch those videos he posted links to and learn them too.

Enjoy your learning journey. I did enjoyed my learning journey and accomplished plenty, and now taking trades is a breeze. It just part of the puzzle.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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