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Trading Made Simple

  • #110,401
  • Nov 2, 2020 3:36am Nov 2, 2020 3:36am
Quoting Inthebox
{quote} totally agree. opportune time for your adversaries, the so called TMS purists to show October performances. including the Goat. all will be clear as black and white, no grey no throwing of smoke. One picture (statement) paints more than a thousand words. don't be NATO (No Action Talk Only). showtime ........
Have done that once in the past and the very same Emmanuel and a few other members all climbed down my throat for submitting such a report.
Those post's were not very pleasant to read.
Not again.
-----
Look carefully at trade report by Emmanuel. Do you really think that is good trading. Don't let the Profit total mislead you.
How many symbols got completely wipeout?
What is the ratio between lots placed that lead to loss / win?
What saved Emmanuel's butt is some symbols where a strong trend kept the account.

You want to gamble with your account by all means do so.
Trade save
  • #110,402
  • Nov 2, 2020 3:45am Nov 2, 2020 3:45am
Quoting foxali300
{quote} yes this mean the price walk on 4h in support and Resistant area ?? {image}
No.
It means you don't trade that pair until the chart show a good TDI crossover setup.
  • #110,403
  • Nov 2, 2020 3:54am Nov 2, 2020 3:54am
Quoting Inthebox
{quote} totally agree. opportune time for your adversaries, the so called TMS purists to show October performances. including the Goat. all will be clear as black and white, no grey no throwing of smoke. One picture (statement) paints more than a thousand words. don't be NATO (No Action Talk Only). showtime ........

Yes. I LIKE your NATO (No Action Talk Only)

Quoting Tekkies
{quote} Have done that once in the past and the very same Emmanuel and a few other members all climbed down my throat for submitting such a report. Those post's were not very pleasant to read. Not again. ----- Look carefully at trade report by Emmanuel. Do you really think that is good trading. Don't let the Profit total mislead you. How many symbols got completely wipeout? What is the ratio between lots placed that lead to loss / win? What saved Emmanuel's butt is some symbols where a strong trend kept the account. You want to gamble with your...

@Tekkies

Don't try wriggle your way of this now... making same old lame excuses.

Here are the links to members who posted that Trade Report tool:

https://www.forexfactory.com/thread/...6#post10508176

https://www.forexfactory.com/thread/...2#post12813182

https://www.forexfactory.com/thread/...8#post13163128

use any one.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #110,404
  • Nov 2, 2020 4:04am Nov 2, 2020 4:04am
Quoting foxali300
{quote} yes this mean the price walk on 4h in support and Resistant area ?? {image}
Attached Image (click to enlarge)
Click to Enlarge Name: foxali chart 2-11-2020 6-02-42 pm.png Size: 61 KB

hey foxali

that means H4 is sideways and price is choppy.

you see support and resistance, right?

how many HA candles between support and resistance?

TMS 5-Method what the OP taught many here is each swing is 3 to 8 candles ... HA candles not Japanese candlesticks.
Remember the OP' post:
- PA is HA candles.
- If the HA candles are small do not take any trade.
- If the PA is in or near support and resistance, do not trade.
- If the PA is in or near a consolidation , do not trade.


Your chart is H4, can you trade H1 or M15 when the H4 is sideways?


Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY Nov 02 M15 2-11-2020 6-04-17 pm.png Size: 29 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #110,405
  • Nov 2, 2020 4:09am Nov 2, 2020 4:09am
Quoting Tekkies
{quote} ////You want to gamble with your account by all means do so. Trade save

@Tekkies

Did you missed the OP post on Las Vegas?

Here is copy of his post #557 remember this piece of the Big E puzzle.
--------------------------------------------------------------------------
I'm not looking for 15 pips profit... more like 150 !

The money I put into my last trading account ($10,000) I don't even think about it. It's like the money you take to Las Vegas. You hope to win but don't often... Your taking money for entertainment and relaxation... So I don't give it a second thought... It's entertainment money as I said... Besides It always grows larger...

I REMEMBER THE DAYS WRINGING OUT MY HANDS FOR MY $500 ACCOUNT... THE SKIES FALLING ! Help, help, help.

If I enter a trade lets say and I'm monitoring the trade and its up 50 pips but suddenly it pulls back 10-15 pips I just exit. I'll keep the profit at $10 a pip... no big deal. If it turns and continues (bounce) I'll just jump back in... Don't get so rigid...

Evidently I missed something while looking at the set up and it's cut me short.... there are always set ups on different timeframes... different pairs. I'll study the trade I jumped out of for the answer so I don't make the same mistake again hopefully..

If your worried about the money in your account how are you going to pull the trigger with confidence? They tell you from the get go the money in your account shouldn't be money you need... otherwise don't trade...

Learning the fx market is like going to school. It costs to go to school and your pip money for trades is what you use to learn. When you have a reliable method and confidence... the market starts to pay you for your education expenses... profit.

The only reason I deposited that amount is because I trade full lots and some trades have 2-4 lots on a trade... or I'll add additional lots as the trade is in progress.. no big deal...

I'm in this because it's fun, keeps my mind active and I'm good at it. Pretty cut and dried...

-------------------------------------------------------------------------------------------------------------------------------
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #110,406
  • Nov 2, 2020 4:20am Nov 2, 2020 4:20am
Quoting Tekkies
{quote} Have done that once in the past and the very same Emmanuel and a few other members all climbed down my throat for submitting such a report. Those post's were not very pleasant to read. Not again. //e

Have done that once in the past and the very same Emmanuel and a few other members all climbed down my throat for submitting such a report. Those post's were not very pleasant to read. Not again. -----

Hey Tekkies

Please link and show us those posts where members climbed down your throat.

Let the new members here read them and let them learn from you too and why those members went for your throat in past.

Come on! be a man. Traders must learn to be tough.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #110,407
  • Nov 2, 2020 4:59am Nov 2, 2020 4:59am
EURAUD Nov 02 H4 POP Gun

- quite rare and usually profitable when the market is trending
- this one is 'iffy'


Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD Nov 02 H4 POP Gun 2-11-2020 6-50-51 pm.png Size: 73 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #110,408
  • Nov 2, 2020 5:06am Nov 2, 2020 5:06am
Quoting Tekkies
{quote} //----- Look carefully at trade report by Emmanuel. Do you really think that is good trading. Don't let the Profit total mislead you. How many symbols got completely wipeout? What is the ratio between lots placed that lead to loss / win? What saved Emmanuel's butt is some symbols where a strong trend kept the account. You want to gamble with your account by all means do so. Trade save
-----
Look carefully at trade report by Emmanuel. Do you really think that is good trading. Don't let the Profit total mislead you.
How many symbols got completely wipeout?
What is the ratio between lots placed that lead to loss / win?
What saved Emmanuel's butt is some symbols where a strong trend kept the account.

hey Tekkies

Can you do better ? Show us your Trade Report, please. Look carefully at trade report by Emmanuel. Do you really think that is good trading.

$6,000 profit with a $10,000 account trading only H1 and M15. That adds to the monthly cash flow. Don't let the Profit total mislead you.

What is this nonsense? What is the ratio between lots placed that lead to loss / win?

Each swing run 3 to 8 candles....
What saved Emmanuel's butt is some symbols where a strong trend kept the account.


Attached Image (click to enlarge)
Click to Enlarge Name: Trade Report Oct 2020 H1 1-11-2020 7-06-11 am.png Size: 46 KB

We are all waiting for your October trade report....

If you still do not know what the CashFlow model is,

then watch this video.

Inserted Video
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #110,409
  • Nov 2, 2020 8:01am Nov 2, 2020 8:01am
Hi emmanuel
I see you use RH system. Why RH uses Double stochastic.
I found this system is interesting. I am using his method. here is today's trade.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.png Size: 42 KB
MA provides the market's current direction and strength.
  • #110,410
  • Nov 2, 2020 9:20am Nov 2, 2020 9:20am
Quoting hasib
Hi emmanuel I see you use RH system. Why RH uses Double stochastic. I found this system is interesting. I am using his method. here is today's trade. {image}
Maybe I was wrong, I thought it was the thread about TMS.
  • #110,411
  • Nov 2, 2020 9:23am Nov 2, 2020 9:23am
Quoting Inthebox
{quote} totally agree. opportune time for your adversaries, the so called TMS purists to show October performances. including the Goat. all will be clear as black and white, no grey no throwing of smoke. One picture (statement) paints more than a thousand words. don't be NATO (No Action Talk Only). showtime ........

Thanks for sharing...It is really encouraging and how can one access the TMS alert.
  • #110,412
  • Nov 2, 2020 9:46am Nov 2, 2020 9:46am
Quoting vol75group
{quote} Thanks for sharing...It is really encouraging and how can one access the TMS alert.
i trade everything manually. maybe someone else can help.
ITB - Seeing Orderliness amongst 'Randomness'
  • #110,413
  • Nov 2, 2020 11:22am Nov 2, 2020 11:22am
Quoting vinicio
{quote} Maybe I was wrong, I thought it was the thread about TMS.
Well, you are NOT wrong in your determination of this being the Trading Made Simple Thread.

But as for the thread postings adhering to BigE's wishes of staying focused on his 5-method presented in the thread, you can see for yourself that it is more like the Trampling My System thread or the ToxicDumpThread, so nearly anything can be--and is--posted here because so many people disrespect the wishes of BigE.
To free Gazans of Hamas, use whatever it takes.
  • #110,414
  • Nov 2, 2020 12:18pm Nov 2, 2020 12:18pm
Quoting Tekkies
Don't get fooled by nice looking chart's and fancy indicators. Study what BigE has posted in these thread. Use what BigE has been using and you will start to see your account grow.
Isnīt the TDI one of such fancy indicators?
  • #110,415
  • Nov 2, 2020 12:45pm Nov 2, 2020 12:45pm
Quoting emmanuel7788
{quote} AUDJPY Nov 02 trades closed - first trade of the week - closed +5pips, +10pips, +15pips and stopped out +8pips Capital Protection price pulled back. and now H1 show a slope 6.4, do you want to sell on H1? {image}
Dear Emmanuel!
I am a big fan of you and keep on reading your posts and follow you.
Today I applied the THV cave manager on EUR/NZD following your advices and was successful.
Targets as you mentioned 5p, 10p, 15p. But what about the initial stop loss?
I used ATR based stop loss 2x the ATR (15 min time frame) on EUR/NZD.
Could you please let me know which method do you use for stops.
I could understand that your last position (the 4th) is managed by CTSL.
Could you share your thought about the stop loss settings.
I look forward to read your inspiring posts in the future.
Thanks,
Szabolcs (Hungarian name)
  • #110,416
  • Nov 2, 2020 12:53pm Nov 2, 2020 12:53pm
Quoting lddd
{quote} Isnīt the TDI one of such fancy indicators?
Don't think so, beside it is The key to this method is the Traders Dynamic Index indicator for entries and exits.
What do you see as fancy Iddd?
  • #110,417
  • Nov 2, 2020 6:01pm Nov 2, 2020 6:01pm
Quoting Tekkies
{quote} Don't think so, beside it is The key to this method is the Traders Dynamic Index indicator for entries and exits. What do you see as fancy Iddd?
This thingy " The key to this method is the Traders Dynamic Index indicator for entries and exits. ..."

is like giving drugs to kids more than 10 years ago.

WTF! When do you follow Post #6 and when do you follow Post #7612?

Post #6

Entries and exits...

We Enter a trade when green crosses red on the TDI at the beginning of that candle... If it's candle 3 or more don't enter... find another trade set up. The only exception is if green bounces off red and continues... it's ok to re-enter on the bounce...

Exit your trade when the green TDI line goes flat, starts to hook over or makes a check mark reversal.

If you add other things it will influence your decisions... usually to your detrament. Don't try to complicate it thinking it can't be this easy.

Important to study TDI entries on old charts, any time frame... Give yourself a chance and trade it like it's layed out...

Post #7612

CONFUSION

WHEN TO EXIT -----------------

OK there appears to be some confusion here...

According to the rules you exit when the TDI GREEN LINE goes flat, check mark reversal or hooks over.... this is for the conserative trader and works great.

However.... note the blue box on the TDI below. See how the green line archs like a worm crawling up the red line without crossing red. You could have stayed in the whole trade without exiting until green crossed red finally.

Attached Image (click to enlarge)
Click to Enlarge Name: Big E chart# 7612.png Size: 146 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #110,418
  • Nov 2, 2020 6:10pm Nov 2, 2020 6:10pm
Quoting Tekkies
{quote} Don't think so, beside it is The key to this method is the Traders Dynamic Index indicator for entries and exits. What do you see as fancy Iddd?
Traders Dynamic Index indicator

just another fanciful name given to the use of the RSI to market and sell off the shelf systems and indicators , membership to trading website and subscription to trade signal service.

only a naive newbie would buy that and went on to tell the world the TDI is his Holy Grail indicator... the rest is now history to defend that once ignorant and naive act.

people should do their own due diligence and get the latest updates what happened to the the man who created this Traders_Dynamic_Index and all his subscribers and members. How many made money since 2005?

Do Not fall such this,


Attached Image (click to enlarge)
Click to Enlarge Name: TMS bullshit found online 20-04-2016.png Size: 719 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #110,419
  • Nov 2, 2020 6:42pm Nov 2, 2020 6:42pm
Quoting neilpryde
{quote} Dear Emmanuel! I am a big fan of you and keep on reading your posts and follow you. Today I applied the THV cave manager on EUR/NZD following your advices and was successful. Targets as you mentioned 5p, 10p, 15p. But what about the initial stop loss? I used ATR based stop loss 2x the ATR (15 min time frame) on EUR/NZD. Could you please let me know which method do you use for stops. I could understand that your last position (the 4th) is managed by CTSL. Could you share your thought about the stop loss settings. I look forward to read your...

Hi Szabolcs

First most important is that you have read and studied all the posts by the OP here in Forex Factory and have a good full picture of him, his lifestyle and his trading journey. I have my own picture of him which is quite different from many others here. I learned his system development approach in the old thread and other posts in FF.

About using THV CaveManager CM, we have a different exit strategy which we do not use the TDI for exit. Trade setups and entries can be the same but not the exits. We also have our own different money management strategy and risk management in the way we exit our trades.

Important Note.
THV CaveManager CM can only manager one single entry and perform the multiple exits (max 4 exits). If anyone want to have more than 4 exits, there is a manual work around solution.

Remember this, my recent posts using CM is to manage H1 trades with 4 exit TPs. But I have CM running on M15 because of the CSTSL. Why?
I also have the Capital Protection set to 'save my butt'.
The initial Stop Loss is 50 pips as emergency stop and is also the maximum loss if this 50pips get hit fast. Don't let this happen. Avoid trading before major news events. Do not use this 50pips when trading the dragon GBPJPY and EUR and GBP crosses.

When you use 50pips stop loss as your initial SL, and you risk say 1% of your money then your trade position size must be based on this 50pips as your Risk 'R'. Therefore if your R get hit, you lose only the % risk. If you use a bigger SL say 100pips your risk amount still the same but your trade positions size is smaller.

There are only three TP input for exits in CM. The last (4th TP) is the remaining of the one single entry trade by percentage which CM will do the calculation for you.
The percentage of the TP1 , TP2 and TP3 is up to you. I like to 'hit and run' when I do quick scalp therefore my TP1 +5pips has bigger portion exit to cover the cost and risk of the remaining trade. Very often you get TP1 and TP2 in one same H1 candle when the market is 'quiet'. In breakout situation, you can get all 3 TPs in one M15 candle. You just need to focus and pick the best setups and in liquid market session like the London session.

Besides the TP exits, there is the Capital Protection setting to consider.

Below are the screenshots of the parameters as examples.
These are for trading H1 with TIMING entry on M15 and also running CM.


Attached Image (click to enlarge)
Click to Enlarge Name: CM UseTP_By_Batch example.png Size: 52 KB



Attached Image (click to enlarge)
Click to Enlarge Name: CM Stop Loss settings.png Size: 56 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #110,420
  • Nov 2, 2020 6:49pm Nov 2, 2020 6:49pm
Quoting emmanuel7788
EURAUD Nov 02 H4 POP Gun - quite rare and usually profitable when the market is trending - this one is 'iffy' {image}
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD Nov 02 H4 POP Gun 2-11-2020 6-50-51 pm.png Size: 73 KB


EURAUD Nov 02 POP Gun trade setup

- how many of you believe in POP Gun price action setups?

- did you catch a 1R trade?

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD Nov 02 POP Gun 1R trade 3-11-2020 8-45-34 am.png Size: 66 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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