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Trading Made Simple

  • #109,801
  • Oct 15, 2020 10:15am Oct 15, 2020 10:15am
Quoting DrDave
{quote} I don't see that in post #109,794. But it is part of post #1721 "Every trader has learned the forex differently... you find things you like to do or use. That's great but do so without posting it here. We follow the rules only and that brings the members success... " In other words, whatever it is that you are using that is not part of what BigE presented, don't post it in this forum. {image}
Ooops.
  • #109,802
  • Oct 15, 2020 10:39am Oct 15, 2020 10:39am
Quoting neilpryde
{quote} Dear Emmanuel ! Thanks for teaching us. I have learned a lot from you and keep on following your advices. Could I ask a technical request? Would you mind sharing with us the APB/HA on/off indicator. That would be really useful. I tried to find it in all of your posts but have not been able to hit upon it. Bests Szabolcs
This one?
Post 107,347

Neil, when you can't find a indicator and say you follow Emmanuel's advice how many other small details of his many post's are you going to miss.

That one small detail or piece of advice you did not paid attention to, can make or break you as a trader.
Don't know how long you have been trading, what I do know is you have to take it slow.
He posted a lot of different topics and those chart's with those trade's posted. He make them look easy and they are not.
It require a lot of time and effort to trade like that.

Take your time and please make him mad with your questions.
(Can only hope he stay within post#1718 and #12912)
  • #109,803
  • Oct 15, 2020 11:27am Oct 15, 2020 11:27am
Quoting Tekkies
{quote} This one? Post 107,347 Neil, when you can't find a indicator and say you follow Emmanuel's advice how many other small details of his many post's are you going to miss. That one small detail or piece of advice you did not paid attention to, can make or break you as a trader. Don't know how long you have been trading, what I do know is you have to take it slow. He posted a lot of different topics and those chart's with those trade's posted. He make them look easy...
It doesn't make sense for Neilpryde to even be asking the question about it because BigE already said
post #1718 May 8, 2011
"I get a little frustrated when people keep adding stuff and then posting it on the forum. I repeatedly ask others to PM others on the thread with the new ideas and not posting them."

Maybe some people are slow learners? Or is it that they simply choose to ignore BigE's wishes?
To free Gazans of Hamas, use whatever it takes.
  • #109,804
  • Oct 15, 2020 6:12pm Oct 15, 2020 6:12pm
Quoting neilpryde
{quote} Dear Emmanuel ! Thanks for teaching us. I have learned a lot from you and keep on following your advices. Could I ask a technical request? Would you mind sharing with us the APB/HA on/off indicator. That would be really useful. I tried to find it in all of your posts but have not been able to hit upon it. Bests Szabolcs
APB/HA on/off indicator

Hello neilpryde

Here is the download click { link }.

It's important we keep the use of the APB/HA candles when we trade Big E 5-Method. Also the use of the 5EMA,Typical Price, Shift+3 (or +2) is one of the two key components of Trading Made Simple 5-Method. These two are the major components on your price chart when you learn to read the price action and develop your chartist skills.

The use of the Average Price Bars APB is important when you want to make the transition to trade the TMS 5-Method MEME (Multiple Entries / Multiple Exits)

The other indicators in sub-windows - Stochastics(8,3,3) and TDI or the RSI(13) +MAs , are secondary components. With more experience you will learn to trade without these two.

What you add to trading TMS is YOUR OWN KNOWLEGDE and EXPERIENCE.

Do Not worry about the permanent trolls in this thread.

Trade Well and Trade Safe. Stay Safe!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,805
  • Edited 6:36pm Oct 15, 2020 6:19pm | Edited 6:36pm
Quoting emmanuel7788
{quote} #670 If any of you know something BASIC about trading the forex... that's helped you... post it for the benefit of others.. We have many newer traders it can help.
Follow the spirit of the OP Big E when he started this thread is his sharing and caring, this book is something that has helped me on a daily basis the last 9 years.

It is an excellent book written by Dr Brett Steenbarger and it has lots of stuff you can add to your trading. You will find solutions to all kind of common problems faced by traders and you will develop the mental skills to deal with every situation.

Attached Image (click to enlarge)
Click to Enlarge Name: Steenbarger 101 Daily Coach.png Size: 264 KB


Edit. Just 4 pages pdf taken out from Dr Brett Steenbarger' book for you to read and ponder over. ...
click to download { here }
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,806
  • Oct 15, 2020 6:31pm Oct 15, 2020 6:31pm
What lots of rubbish I read above by resident troll who cannot even install an EA correctly in his MT4 platform and failed to get his trade manager EA running to experience and leanr more on his own. Even when he get his EA running, he still need to have the trading skills and place a winning trade so that the EA can manage his trades for him and using the variations of trailing stops options - trailing using price bars/Janpanese candle, trailing using APB/HA, trailing using ATR, trailing using % profit, etc.

------------------------------------------troll posted this ----------------------------------------
10 pips is all you need ...

If you have $1000 and put it in the bank right now, what will be your return on investment in 1 year? Will you make even 1% ($10)?

If you put that into a trading account and you trade that wisely with lot size of a mere 0.01 and make an average per day of 10 pips, in a 200 day year, you accumulate $200, giving a return on investment of 20%.
-----------------------------------------------------------------------------------------------------

a lot of 'if's ....

If you stop learning then you have nothing to add to your life.
If you only read #463# Limitations, you stop learning.
If you have #463# Limitations, you belong in that failed 95%.
....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,807
  • Oct 15, 2020 6:49pm Oct 15, 2020 6:49pm
Quoting Tekkies
Got them 10 pips. #1261..... I like to shoot for 50 10 pips a day... I'm not greedy. When I reach it I usually don't take any more live trades that day... .... I do it because I enjoy it... {image}

Hey Tekkies

even when I scalp, I follow post #11 the OP' scalp the H4 once every 4 hours - 10AM 2PM, 6PM , etc. in the time zone where I live.

https://www.forexfactory.com/thread/...3#post13215573

why limit to just 10 pips? when you can make +5pips, +10pips, +15pips and let the market decide the final TP using Preceding TP aka jumping limit order for exit. You have Capital Protection anyway.

EURUSD my second trade yesterday NY Open

- Follow H4, and wait for the H1 then M15 for the TIMIMG.
- hit TP1 +5pips and TP2 +10 pips got stopped out by the Capital Protection when price pulled back from the BRN 1.1700.
- When I am trading , I am always hungry not greedy! I have the trading skills to match my trader's ego.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Oct 15 trades closed NYO 15-10-2020 8-56-29 pm.png Size: 76 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,808
  • Oct 15, 2020 6:58pm Oct 15, 2020 6:58pm
Quoting Tekkies
{quote} This one? Post 107,347 Neil, when you can't find a indicator and say you follow Emmanuel's advice how many other small details of his many post's are you going to miss. That one small detail or piece of advice you did not paid attention to, can make or break you as a trader. Don't know how long you have been trading, what I do know is you have to take it slow. He posted...
This one?
Post 107,347



very good to know that you read all my posts on regular basis despite that I am in your Ignore List ....

you will do better when you have an open mind to learn EVERYTHING.

I learn EVERYTHING the OP posted in Forex Factory. But I don't follow his Las Vegas post #557.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,809
  • Oct 15, 2020 7:03pm Oct 15, 2020 7:03pm
Quoting Tekkies
{quote} Ooops.

hey Tekkies

when was the last time you PM the OP? ... LOL.

I have his phone number and his email too, let me know if you want to contact his administrator.

#1721
Attached Image (click to enlarge)
Click to Enlarge Name: Big E #1721_2.png Size: 48 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,810
  • Oct 15, 2020 7:19pm Oct 15, 2020 7:19pm
TMSTDI WatchDog

For those who started late in this thread, the TMSTDI WatchDog is in this post #7923

https://www.forexfactory.com/thread/...37#post4773837

take note the date of that post and discussion ... July 12, 2011 ... did the Op Big E ban those members who were talking about TDI slope and using the TMSTDi WatchDog?

follow that post link and read all those post by plamendp creator of the TMSTDI WatchDog.

#12,912
reading and taking notes. READ & STUDY ... Learn EVERYTHING.

Current market chart: SCALPING M15

- H4 is dominant 'trend'... now in CONSOLIDATION.
- H1 is the setup TF
- M15 is your entry setup TIMING

Attached Image (click to enlarge)
Click to Enlarge Name: TMSTDI WatchDog 16-10-2020 8-17-38 am.png Size: 73 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,811
  • Oct 15, 2020 7:56pm Oct 15, 2020 7:56pm
Quoting emmanuel7788
TMSTDI WatchDog For those who started late in this thread, the TMSTDI WatchDog is in this post #7923 https://www.forexfactory.com/thread/...37#post4773837 take note the date of that post and discussion ... July 12, 2011 ... did the Op Big E ban those members who were talking about TDI slope and using the TMSTDi WatchDog? follow that post link and read all those post by plamendp creator of the TMSTDI...

In 5 minutes, you decide !

EURUSD Oct 16 Tokyo Open hour,

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Oct 16 Tokyo1 16-10-2020 8-55-06 am.png Size: 73 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,812
  • Oct 15, 2020 8:03pm Oct 15, 2020 8:03pm
Quoting emmanuel7788
{quote} In 5 minutes, you decide ! EURUSD Oct 16 Tokyo Open hour, {image}
EURUSD Oct 16 Tokyo 10:00AM locat time

- easy decision?

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Oct 16 Tokyo 1000AM 16-10-2020 9-01-32 am.png Size: 74 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,813
  • Oct 15, 2020 8:22pm Oct 15, 2020 8:22pm
Hi Sir Emmanuel, i recently seen your post and I wanted to study this system based on 1hr chart trading.

What page shall I start?

Many thanks for sharing!!
  • #109,814
  • Oct 16, 2020 2:28am Oct 16, 2020 2:28am
Quoting emmanuel7788
{quote} hey Tekkies when was the last time you PM the OP? ... LOL. I have his phone number and his email too, let me know if you want to contact his administrator. #1721 {image}
David made remark like that, Robot came down on him.
You make a similar remark, where is Robot?
------
#463# Limitations????
Are you serious? Need to cut it down drastically:
1. Follow the rules.
2. Trade at the right time of day.
3. Expect a loss here and there.
4. Cut losses fast.
Post#7657 ......
I presented this method in its simplicity.... knowing many could benefit.
5. It requires no more than I have outlined earlier and that is how I'll continue to trade it.
----
Why read a book?
BigE nailed it at: I think your biggest problems are understanding BASIC FOREX
-----
As to your other post's, like to read them, have a or two, refresh the webpage and you are gone.
  • #109,815
  • Oct 16, 2020 2:54am Oct 16, 2020 2:54am
Quoting elijahFx
Hi Sir Emmanuel, i recently seen your post and I wanted to study this system based on 1hr chart trading. What page shall I start? Many thanks for sharing!!
1. You start at post#1.
- On every post by BigE:
--- you write down what you understand (notes)
--- those you don't understand you can:
a. Google search.
b. Post questions.
2. Paper trade your notes which will become your rules (method)
-- Fine tune you rules by keeping those rules that lead to profit.
-- Those rules that failed, find the reason why and what you did wrong.
Repeat above until you can trade with confidence in yourself and your rules.

Post#1..... without confidence in your entries and exits you have nothing worthwhile
  • #109,816
  • Oct 16, 2020 3:18am Oct 16, 2020 3:18am
Quoting elijahFx
Hi Sir Emmanuel, i recently seen your post and I wanted to study this system based on 1hr chart trading. What page shall I start? Many thanks for sharing!!
Hi Elijah

Eric aka eelfranz is the OP of this thread and he shared many things about his forex trading journey in 2008.
This thread is not a trading system. Eric shared several trading methods in his old thread and he moved the discussions to this thread to focus on his 5-Method.

Do you have this book? If you not read it, then read it from cover to cover.

Let me know when you have read this book and I shall be here to talk more on how I developed several trading systems using Big E 5-Method to trade in different market types.
Attached Image

However, if you are already an experienced trader, then this Introduction to Trading Made Simple will give you some lead where to start reading.
Go to this post #108,517

Have Fun!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,817
  • Oct 16, 2020 3:21am Oct 16, 2020 3:21am
Quoting Tekkies
{quote} 1. You start at post#1. - On every post by BigE: --- you write down what you understand (notes) --- those you don't understand you can: a. Google search. b. Post questions. 2. Paper trade your notes which will become your rules (method) -- Fine tune you rules by keeping those rules that lead to profit. -- Those rules that failed, find the reason why and what you did wrong. Repeat above until you can trade with confidence in yourself and your rules. Post#1..... without confidence in your entries and exits you have nothing worthwhile
Are you serious with this?

You are all over the place jumping from post and post every other day, struggling to put together the Big E puzzle.

---------------------------------------------------
1. You start at post#1.
- On every post by BigE:
--- you write down what you understand (notes)
--- those you don't understand you can:
a. Google search.
b. Post questions.
2. Paper trade your notes which will become your rules (method)
-- Fine tune you rules by keeping those rules that lead to profit.
-- Those rules that failed, find the reason why and what you did wrong.
Repeat above until you can trade with confidence in yourself and your rules.

Post#1..... without confidence in your entries and exits you have nothing worthwhile
-------------------------------------------------------
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,818
  • Oct 16, 2020 3:23am Oct 16, 2020 3:23am
Quoting Tekkies
{quote} David made remark like that, Robot came down on him. You make a similar remark, where is Robot? ------ #463# Limitations???? Are you serious? Need to cut it down drastically: 1. Follow the rules. 2. Trade at the right time of day. 3. Expect a loss here and there. 4. Cut losses fast. Post#7657 ...... I presented this method in its simplicity.... knowing many could benefit. 5. It requires no more than I have outlined earlier and that is how I'll continue to trade it. ---- Why read a book? BigE nailed it at: I think your biggest problems are...
Attached Image (click to enlarge)
Click to Enlarge Name: Big E #7657.png Size: 82 KB


And today you jump to Big E' puzzle piece #7657

You have all the puzzle pieces all over your floor and you can't see the picture.

Attached Image
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,819
  • Oct 16, 2020 3:28am Oct 16, 2020 3:28am
Quoting emmanuel7788
{quote} EURUSD Oct 16 Tokyo 10:00AM locat time - easy decision? {image}

EURUSD Oct 16 trade closed

while I was out running errand and having my coffee break, had a look at my MT4 mobile at the hour and saw the H1 setup.
click sell and let the trade run in my trade VPS.
as usual THV Cavemanager did the job to manage the trades for me.


Attached Image (click to enlarge)
Click to Enlarge Name: 16-10-2020 3-34-47 pm.png Size: 79 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,820
  • Oct 16, 2020 3:48am Oct 16, 2020 3:48am
TMS Monitor Oct 16

- its approach the 2AM PDT H4 candle
- looking at the TMS Monitor condition now and did a quick scan through all pairs, there is nothing to pick

- best thing to do is look at H1 and trade M15 for some pips.
- remember ... catch the price action with MOMENTUM for that quick +5pips, +10pips, +15pips,... type of trades.

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Oct 16 Ny EST 0444 AM 16-10-2020 4-44-28 pm.png Size: 30 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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