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Trading Made Simple

  • #110,361
  • Nov 1, 2020 6:10am Nov 1, 2020 6:10am
Quoting hasib
{quote} tekkies I need 10% profit in a month because I want to pass Prop firm Challange. That is why I am practicing to get a 10% profit in a month.

you recall this OP' post?

Quoting eelfranz
I'm going to do a test on the Daily charts. When green crosses red I'll stay in until green crosses red again. I'll report the results in a week or so... I'll only enter if the candles are medium length or larger... wish me luck ...

he did not post any test results.

I did the same test with 10 years live data. It failed following his green cross red and until green crosses red again.....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #110,362
  • Nov 1, 2020 7:22am Nov 1, 2020 7:22am
OK folks! If you haven't been following the attempts of Ivan to get an invite to the (fantasy) Zoom meetings, be SURE to go to this post and read to the end. It's just a few short posts, but you will see the ToxicFakeTrader EXPOSED AGAIN, and providing another round of his trickery and nonsense that provides great laughs!

The ToxicFakeTrader has no shame! Well, just more of the hallmark's of the classic narcissist!
To free Gazans of Hamas, use whatever it takes.
  • #110,363
  • Nov 1, 2020 7:36am Nov 1, 2020 7:36am
Quoting emmanuel7788
{quote} 10% average per month over 36 months period is a SMART target. however, those trading challenges/contest does not give you a long enough trading duration/period. example below of a system test I did today for one member. this covers Jan 2018 to Oct 2020 Daily price data (almost 3 years). running the same system through the entire period Jan 2018 to Oct 2020 you will see this system did not perform well in narrow range market. {image} you need to follow a proven trading methodology and develop three systems using the same trading methodology,...
Yes, I will target 5 pairs to pass FTMO Challenge. Now I am practicing EJ. I will try to trade the H4 chart to pass the Challange 10% profit in a month. After passing the Challange and Verifications Challenge which 5% in 2 months. when I get funded I will target 1 to 2% profit in every month, I will trade more conservatively. Passing the first part which is 10% is difficult for me.

Can you suggest 5 pairs that are good to trade.
MA provides the market's current direction and strength.
  • #110,364
  • Nov 1, 2020 7:37am Nov 1, 2020 7:37am
Quoting DrDave
OK folks! If you haven't been following the attempts of Ivan to get an invite to the (fantasy) Zoom meetings, be SURE to go to this post and read to the end. It's just a few short posts, but you will see the ToxicFakeTrader EXPOSED AGAIN, and providing another round of his trickery and nonsense that provides great laughs! The ToxicFakeTrader has no shame! Well, just more of the hallmark's of the classic narcissist!
Hi Dave maybe you could send a letter to Israel government condoning selling deadly weapons such as suicide drones missile systems to Azerbaijan which in turn used on civilians Armenian towns and soldiers.
Irony Holocaust survivors helping killing another genocide survivor nation.It looks like your government has no morals.
thank you
In trading, you have to be defensive and aggressive at the same time
  • #110,365
  • Nov 1, 2020 7:55am Nov 1, 2020 7:55am
Quoting Davit
{quote} Hi Dave maybe you could send a letter to Israel government condoning selling deadly weapons such as suicide drones missile systems to Azerbaijan which in turn used on civilians Armenian towns and soldiers. Irony Holocaust survivors helping killing another genocide survivor nation.It looks like your government has no morals. thank you
nagorno karabakh is Azerbaijan Land. They are fighting for their own land. Why don't Armenia give back what is not their own?
Both countries are fighting they don't want to stop killing each other. So sad.
MA provides the market's current direction and strength.
  • #110,366
  • Nov 1, 2020 8:38am Nov 1, 2020 8:38am
Quoting hasib
{quote} nagorno karabakh is Azerbaijan Land. They are fighting for their own land. Why don't Armenia give back what is not their own? Both countries are fighting they don't want to stop killing each other. So sad.
I prefer you dont post content you know nothing about.Karabakh has always been Armenian land!Azerbaijan did not exist prior of 1918! Read on.

Karabakh has always been one of the provinces of Armenia during its millennial history (study the maps of ancient times).
Artsakh (Nagorno-Karabakh) was given by Stalin to Azerbaijan as a bribe, as the part of a deal with Turkey to influence them to turn communist. Lenin and Stalin agreed to give up Armenian majority regions of Artsakh (Nagorno-Karabakh), Gazakh and Nakhichevan to the Azerbaijani SSR in 1921. In other words, Stalin gave Karabakh to Azerbaijan on a plate as a bribe. At that time 98% of Kharabakh’s population was Armenians.
And for 70 years Azerbaijan was unjustly enjoyed our land of Artsakh by discriminating and implementing the ethnic cleansing in the region.
After the collapse of the Soviet Union and as a result of the national referendum in 1987, and in accordance with the law of the USSR on the rights of the Republics and the Autonomous Regions, in 1988 the Nagorno-Karabakh Autonomous Region legally withdrew from the Azerbaijani SSR and declared its independence.
Due to the collapse of the USSR:
1991 - The Azerbaijani SSR withdrew from the USSR.
1991 - Nagorno-Karabakh withdraws from the USSR.
This means that Nagorno-Karabakh has NEVER been part of the Republic of Azerbaijan. This means that the current war perpetrated by Azerbaijan is an AGGRESSION against the independent Republic of Artsakh.

People leave traces of their existence on land so here are Armenian churches monasteries in NK most build when Azerbaijan was not on any map!

Gandzasar Monastery (4th century) և St. John the Baptist Church (1216-1238)
Dadivank (4th century) և Katoghike (9-11th century)
Amaras Monastery (4th century)
St. George of Tsitsernavank (4-5th century)
Gtchavank (4-13th century)
Yeghishe Apostle Monastery (Jrvshtik) (5th century), Mataghis
White Cross of Vankasar (5th century)
Dizapayt Kataro Monastery և Surb Astvatsatsin (5th century)
Bread Eat (7-17 centuries)
Okht Mokhrenisi Door Monastery (7-17th century)
St. Hakob Monastery of Kolatak (9th century)
Jori the Holy Savior (9th century)
St. Stepanos of Tsmakahogh (9-10th century)
Spitak Khach Monastery, Vank village, Hadrut (10th century)
Chartar Yeghisha Kus Desert (12th round)
St. George of Chankatagh (12th century)
Khotavank (12th-13th century)
Karvachar Surb Astvatsatsin virgin desert (12-13th century)
Holy Savior of the Stables (12-13th century)
Msmna Shoshkavank Surb Astvatsatsin (13th century)
Horeka Monastery (13th century)
Kavakavank (14th century)
Gospel of St. Gayane the Virgin in the Desert (1616)
Holy Resurrection of Hadrut (1621)
Pirumashen (1641)
Holy Mother of God of the Gospel (1651)
St. Stephen of the Cross (1654)
Shoshi New Church (1655)
Holy Pandaleon of Berdadzor (Paris Pigeon) (1658)
Ghondiants desert of Moshkhmhat (1658)
Haki St. Minas (1673)
Church of St. Gregory of Herher (1676)
Surb Astvatsatsin of Tsaghkavank, Tsakuri (1682)
Yeritsmankants Monastery (1691)
Masrik Church of Kashunik (1694)
Desert Holy Savior (Napat) (17th century)
Hochants St. Stepanos (17th century)
Bovurkhan Monastery Complex (17th century)
St. John the Baptist of Togh (1736)
Holy Virgin of Khnatsakh (1740)
St. Stephen of Padara (18th century)
Holy Mother of God of Mushkapat (18th century)
Holy Mother of God of Dashushen (1843)
St. John the Baptist of Shushi (1847)
The Holy Virgin of Nngi (1853)
St. John Garabed of Martakert (1857)
Holy Mother of God of Aygestan (1860)
The Holy Virgin Under the Stone (1862)
Holy Savior of Shushi (1868-1887)
Holy Mother of God of Ashan (1896)
Holy Carpet of Astghashen (1898)
St. George of Mataghis (1898)
In trading, you have to be defensive and aggressive at the same time
  • #110,367
  • Edited 11:57am Nov 1, 2020 9:06am | Edited 11:57am
Isn't it GREAT to have a ToxicDumpThread where nearly ANYTHING can be posted because there is no thread starter around to exercise any control?

Look at the many possibilities already implemented that have zero relevance to the thread topic.

  1. Denigration of other members.
  2. Indicators not relevant to the system
  3. EAs not allowed in the thread
  4. Fake trading results
  5. Geopolitical discourse
  6. Oh, and let's not omit all of the two-faced, hypocritical postings, either.

To free Gazans of Hamas, use whatever it takes.
  • #110,368
  • Nov 1, 2020 9:58am Nov 1, 2020 9:58am
Quoting DrDave
{quote} better not use TMS_V19 if not important?? Yes, that is right. Better to take this advice well you don't have to read all the posts. Just the old posts from Post#1 to Post#12,912 that is all what Trading Made Simple is and shall remain for very long time. Read those posts and take notes. When you finish, will have your foundation for BigEs 5-method as presented i this thread. You will see when you read these posts that BigE does not use ANY kind of EA's. In fact, he says do not use them and do not discususs them this thread. If you still...
hello thank you so for your advice my freand drdave
  • #110,369
  • Nov 1, 2020 10:09am Nov 1, 2020 10:09am
hello emmanuel7788 and Tekkies
i was readed here
about angles but i think i do not undreastand whats why Can you send a picture explaining the meaning of the intended angles
  • #110,370
  • Nov 1, 2020 11:48am Nov 1, 2020 11:48am
Quoting Davit
{quote} I prefer you dont post content you know nothing about.Karabakh has always been Armenian land!Azerbaijan did not exist prior of 1918! Read on. Karabakh has always been one of the provinces of Armenia during its millennial history (study the maps of ancient times). Artsakh (Nagorno-Karabakh) was given by Stalin to Azerbaijan as a bribe, as the part of a deal with Turkey to influence them to turn communist. Lenin and Stalin agreed to give up Armenian majority regions of Artsakh (Nagorno-Karabakh), Gazakh and Nakhichevan to the Azerbaijani SSR...
Are you Armenian? Armenian People Say it is Azerbaijan land. who am I to tell differently!!
Anyway vote for Trump, He will solve it.
MA provides the market's current direction and strength.
  • #110,371
  • Nov 1, 2020 12:02pm Nov 1, 2020 12:02pm
Quoting hasib
{quote} tekkies I need 10% profit in a month because I want to pass Prop firm Challenge. That is why I am practicing to get a 10% profit in a month.
Understand.
You surely know how to heap stress onto yourself going down that path.
  • #110,372
  • Nov 1, 2020 12:23pm Nov 1, 2020 12:23pm
Quoting foxali300
hello emmanuel7788 and Tekkies i was readed here about angles but i think i do not undreastand whats why Can you send a picture explaining the meaning of the intended angles
Here Post 97,094
  • #110,373
  • Nov 1, 2020 12:53pm Nov 1, 2020 12:53pm
Quoting DrDave
{quote} Follow the rules of your method and % will look after themself. Unfortunately, that is too simplistic. If you have a poor system, which it seems that most people have, then following your rules 100% is more likely to drain your account than to increase it. Look at the performance of the ToxicFakeTrader aka emmanuel7788. Look at the posted FAILED ACCOUNTS that resulted from what he THOUGHT was a good system. Look at his posted success rate after 8 YEARS of dealing with this TMS thread--a whopping 65% success rate! Remember, that is the success...
How does a poor system become a "rich" system?
Have posted already that you study BigE's posts and take notes with become your rules / system.
Those notes / rules that lead to losing trade's, need to be recheck why they ended in a loss.
> Change them or remove them.
#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 complicate it

Keep doing that everyday until the rules give a "rich" system.
Only then will the rules allow % to look after themself.
  • #110,374
  • Nov 1, 2020 1:18pm Nov 1, 2020 1:18pm
Quoting Tekkies
{quote} How does a poor system become a "rich" system? Have posted already that you study BigE's posts and take notes with become your rules / system. Those notes / rules that lead to losing trade's, need to be recheck why they ended in a loss. > Change them or remove them. #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 complicate it Keep doing that everyday until the rules give a...
How does a poor system become a "rich" system?

Those notes / rules that lead to losing trade's, need to be recheck why they ended in a loss.
> Change them or remove them.

But this is exactly the problem. If you faithfully execute your system rules, you will get both winners and losers. So what good would it do you to recheck the notes/rules that gave the losing trades when they are EXACTLY the same notes/rules that also gave winning trades?

What you need to be checking is if EITHER removing OR adding a rule changes the outcome of every trade compared to before the change.

For example, look for any type of correlations occurring between some condition and the losing trades that might lead to ADDING a rule. For example, if you have no constraints on time of day, you likely will find that if trading GBP pairs, you have a much higher loss rate when the London market is closed than when it is open. So, you add a rule that your trading time for GBP pairs is only while the London market is open.
To free Gazans of Hamas, use whatever it takes.
  • #110,375
  • Nov 1, 2020 2:16pm Nov 1, 2020 2:16pm
Quoting DrDave
{quote} How does a poor system become a "rich" system? Those notes / rules that lead to losing trade's, need to be recheck why they ended in a loss. > Change them or remove them. But this is exactly the problem. If you faithfully execute your system rules, you will get both winners and losers. So what good would it do you to recheck the notes/rules that gave the losing trades when they are EXACTLY the same notes/rules that also gave winning trades? What you need to be checking is if EITHER removing OR adding a rule changes the outcome of every trade...
How many rules are you going to keep on adding for every pair / time frame / circumstance you may encounter?
Before you know you have add ATR for stop loss, that rule for this, and this rule for that
End of story, you end up in the same mess you were in a year or two ago.
---
BIgE has done all of that already for you over a course of two years.
The "fine tuning" is more to do with how you understand post#647 when TDI indicate a setup.
  • #110,376
  • Nov 1, 2020 3:03pm Nov 1, 2020 3:03pm
Quoting Tekkies
{quote} How many rules are you going to keep on adding for every pair / time frame / circumstance you may encounter? Before you know you have add ATR for stop loss, that rule for this, and this rule for that End of story, you end up in the same mess you were in a year or two ago. --- BIgE has done all of that already for you over a course of two years. The "fine tuning" is more to do with how you understand post#647 when TDI indicate a setup.
As I already said, you make an ASSESSMENT of your current results and look for some common feature or event for losing trades that is not present for winning trades and then develop a FILTER based on that information. Then run tests and determine if the results of using the filter make the filter of value or not.

And although BigE indeed gave the indicators with settings to use and he gave a checklist of things that he examines AFTER the TDI green cross red event, he did not give much in the way of details for parameters of the items in his cheklist.

For example, "big bars or small bars". His determination of these two bar sizes is most likely not the same as many other peoples' determination. So each trader must make his own criteria for these bar sizes and then run the assessment on bar size versus trade outcome.

Likewise, for EVERY item on his checklist, each trader must make his OWN determination of parameters for that item and make the assessment. BigE already had in his MIND from YEARS of trading what the UNWRITTEN parameters were that he used with the items in his checklist.

And we already know from questions that have been asked that many posters to this thread have little knowledge of or experience with trading but think that they will be able to take the few simple indicators that are supplied and apply the rules and checklist given and voila!--instant riches! And instead of STUDYING and learning about the items in the checklist, they see the bright and shiny letters EA, EA calling them for a super easy shortcut and spend days/weeks trying to figure out how to get the EA installed followed by more days/weeks of trying to get the parameters right, and then wonder why they cannot even achieve the BEGINNER'S success of 65%!
To free Gazans of Hamas, use whatever it takes.
  • #110,377
  • Nov 1, 2020 3:25pm Nov 1, 2020 3:25pm
Quoting foxali300
hello emmanuel7788 and Tekkies i was readed here about angles but i think i do not undreastand whats why Can you send a picture explaining the meaning of the intended angles
hello foxali

READ & STUDY the OP's posts.

here is one good example how he read time.

#1073

Attached Image (click to enlarge)
Click to Enlarge Name: Big E angle 5pm tweek to 5-45pm.png Size: 150 KB

the time now is NY 4:24pm LOL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #110,378
  • Nov 1, 2020 3:35pm Nov 1, 2020 3:35pm
Quoting foxali300
hello emmanuel7788 and Tekkies i was readed here about angles but i think i do not undreastand whats why Can you send a picture explaining the meaning of the intended angles
hello foxali

if you do not understand the angles stuff, then do what the OP said: You can trade without the TDI. You can profit everyday using the Stochastics ... too.


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?

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...

#296 (Nov 4, 2008)
I profit every day by using Stochastics. I hope you will too. It's just part of the puzzle.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #110,379
  • Nov 1, 2020 3:47pm Nov 1, 2020 3:47pm
Quoting foxali300
hello emmanuel7788 and Tekkies i was readed here about angles but i think i do not undreastand whats why Can you send a picture explaining the meaning of the intended angles
you have been here for 6 months already, right?

#495 below ... no TDI mentioned... but

Quoting eelfranz
Guys.... ////. I want you to win big time..
Guys.... My point is lets keep the thread clean... If you see a post for someone looking for something or a different way you trade it... no problem but please PM them alone... thanks...

Lets build this so we can help as many traders as possible because they all have money and time invested and they need to make money for their efforts.

Starting out you should be 60-65% successful. Within 1 to two months you should be 70-80% successful.. IF... you follow the simple rules and simple exits... 3-6 months... 85% successful. Don't complicate it... keep it simple. Buy your wheel barrow..

I never knownly take a draw back of 40-50 pips even on the 4hr. I generally exit at 10-15 pips to keep my profit and I'll re-enter when it turns back. If it happens when I'M SLEEPING... SO WHAT ... I never know about it... S/L at last HH or LL. It turns out in my favor most of the time. I lose about 2 trades out of 14-16 trades. I can live with that. I choose my trades carefully making sure they meet the entry rules spot on... and pass on the iffy ones and go hunt other charts.

Even people trading Silver with our method are winning big time.

It's simple and straight forward so let's keep it that way please. I want you to win big time..
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #110,380
  • Nov 1, 2020 3:54pm Nov 1, 2020 3:54pm
Quoting foxali300
hello emmanuel7788 and Tekkies i was readed here about angles but i think i do not undreastand whats why Can you send a picture explaining the meaning of the intended angles

the watch time shows 10:07

hour hand is the previous slope (angle) of the last bar
minute hand is the current slope (angle) of the current bar

the second hand goes tick tick tick ....

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor extreme 22.png Size: 162 KB


see this recent post:
https://www.forexfactory.com/thread/...3#post13199953
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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