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Trading Made Simple

  • #110,661
  • Nov 6, 2020 2:29pm Nov 6, 2020 2:29pm
[quote = hasib; 13250501] {quote} Naučte se vylepšovat svoji strategii, abyste udrželi krok s měnícími se tržními podmínkami. BigE Změnil svou metodu podle své potřeby. Sdílím zde jeden z jeho starých grafů. {image} [/ quote]
can i please template
  • #110,662
  • Nov 6, 2020 2:35pm Nov 6, 2020 2:35pm
Quoting hasib
AS BigE said- Learn to tweek your strategy to stay up with changing market conditions. If we add just a BB in a chart we could have avoided 4 losing trading at list, out of 12 trades in this market conditions. Don't you think those pips will remain your account balance? {image}
So Hasib are you also one of those members that think this method needs more indicators, EA, monitors to trade with.
Well this is what BigE has posted in this thread:
Post#6.... If you add other things it will influence your decisions... usually to your detriment.
#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.
Many traders on the old thread said once they quit trying to improve it or making it more complicated... their pip take exploded.
#1933
Honestly folks... I spent over 2 years refining this method... so it would be simple to understand and easy to trade...
Just follow the simple entry rules and TDI exit rules... this isn't brain surgery or rocket science.
Just follow what I show you... what I tell you... not what others say that's not within the rules. It's simple and many of you are thinking it can't be this simple so you try to add things and complicate it... that will only lead to your minimum performance or failure...
When you do that you create stumbling blocks for yourself... Plain and simple... if you’re not making bunches of pips you’re not following what I and the other key guys have taught you...
-----
This "changing market conditions" BigE has posted about. Can you show reader's by means of a chart what it is.
  • #110,663
  • Nov 6, 2020 2:40pm Nov 6, 2020 2:40pm
Quoting hasib
{quote} Tekkies I accept your argument. Blueline is profit and yellow loss. Did you count them all? here Losing % is higher than winning.
Are you serious Hasib?
How is it possible the Yellow trend line (loss) is more than the Blue trend line (win)?
Please, look again that chart.
Here done it for you.
Attached Image (click to enlarge)
Click to Enlarge Name: wewewsw.PNG Size: 49 KB
  • #110,664
  • Nov 6, 2020 2:47pm Nov 6, 2020 2:47pm
Quoting Tekkies
{quote} Are you serious Hasib? How is it possible the Yellow trend line (loss) is more than the Blue trend line (win)? Please, look again that chart. Here done it for you. {image}
Tekkies are you saying these trades are winning trade?
Attached Image
MA provides the market's current direction and strength.
  • #110,665
  • Nov 6, 2020 2:53pm Nov 6, 2020 2:53pm
Quoting Tekkies
{quote} Are you serious Hasib? How is it possible the Yellow trend line (loss) is more than the Blue trend line (win)? Please, look again that chart. Here done it for you. {image}
I have looked at the chart again. I found a total of 30 lines. The yellow line is 15 and the blue line is 15 but I did not count the last Blue line since signal still running
MA provides the market's current direction and strength.
  • #110,666
  • Nov 6, 2020 3:06pm Nov 6, 2020 3:06pm
Quoting hasib
{quote} Tekkies are you saying these trades are winning trade? {image}
Yes, they are.
Where does the red bar start > at the top.
Where does the green bar start > at the bottom.
When do you enter a trade with TDI setup?
Post#6
Entries and exits...
We Enter a trade when green crosses red on the TDI at the beginning of that candle

Quoting hasib
{quote} I have looked at the chart again. I found a total of 30 lines. The yellow line is 15 and the blue line is 15 but I did not count the last Blue line since signal still running
Same total, so what.
Are they all the same length? Which are longer? Blue or yellow?
  • #110,667
  • Edited 3:58pm Nov 6, 2020 3:13pm | Edited 3:58pm
Quoting DrDave
So many Bozo's involved in trading: They think that fractals repaint! Here are just a few of the Bozos, even a professional coder! You can find a LOT MORE with simple searches! How could it be that so many people are wrong about fractals repainting? Hmmmm... or, maybe they know something that some other folks do not? From Fair Forex Brokers Academy The fractal indicator displays an arrow on top of the candle, if the fractal is bearish, or below the candle,...
Hey, hey @DrDick -- glad to see you stick your nose in it again. OMG -- you still think fractals repaint -- because you read it on the Internet? What a Bozo. If you understood the simple fractal algorithm or if you could even read a few lines of source code, then you would realize they don't repaint. People you quote are just like you -- they spread misinformation. And another Bozo will read your post and then they, too, will use it to claim that fractals repaint -- and it goes on and on. Repainting is different than Bar[0] recalculation, which is different than a delayed signal. Fractal markings are delayed because it takes at least 3 bars to form a pattern. That is different than repainting, where an algorithm uses more recent data and goes back in time to recompute past markings. Geeezzz -- you've been here almost 10 years and you still struggle with the basics. Even I feel embarrassed for you...

@DrDick -- you are a source of misinformation, and it never ends...

@DrDick -- where is our friend @ivan9578? It seems that after we all noticed the two of you were connected at the hip that he no longer posts? Is it because he is really shy and was uncomfortable with the additional attention? He didn't seem so shy before that. That's a shame -- I was looking forward to speaking Pidgeon English with him.

@DrDick -- even for a goat, you are a joke...

But even so, all the best. Baa..., Baa...

Attached Image (click to enlarge)
Click to Enlarge Name: DrDave-goat-among-sheep.png Size: 274 KB
  • #110,668
  • Nov 6, 2020 3:16pm Nov 6, 2020 3:16pm
Quoting Tekkies
{quote} Yes, they are. Where does the red bar start > at the top. Where does the green bar start > at the bottom. When do you enter a trade with TDI setup? Post#6 Entries and exits... We Enter a trade when green crosses red on the TDI at the beginning of that candle {quote} Same total, so what. Are they all the same length? Which are longer? Blue or yellow?
Tekkies Are you also saying Blue lines are profitable too?
What is your trade holding period 1 candle 2 candle or 3 to 8 candle.
MA provides the market's current direction and strength.
  • #110,669
  • Nov 6, 2020 3:40pm Nov 6, 2020 3:40pm
Quoting hasib
{quote} Tekkies Are you also saying Blue lines are profitable too? What is your trade holding period 1 candle 2 candle or 3 to 8 candle.
Don't know much about holding a trade Hasib.
With every trade I place, I aim for BE plus spread with a stop loss. Price does not hit stop loss I move stop loss, when price does hit stop loss I wait for next TDI setup.
It can one bar or many bars, few seconds or many hours.
It all depends on the information TDI is showing like: angle, flat, check mark, hookover, green bounce red, space between green and red.
Tien pips is good for me, more is always better. If it happens good, if not, try tomorrow again.
  • #110,670
  • Nov 6, 2020 3:45pm Nov 6, 2020 3:45pm
Quoting robots4me
{quote} even for a goat, you are a joke
Sorry Dave, this time Robot socked you one right between the horns eyes .
  • #110,671
  • Edited 6:10pm Nov 6, 2020 4:24pm | Edited 6:10pm
Not that I wish to come between the beautiful relationship between @Tekkies and @emmanuel7788 and introduce yet another indicator into the mix, but for the benefit of @DrDick I'll introduce another indicator into the mix. One of @DrDick's favorites -- fractals.

Fractals do not repaint -- but their markings are delayed. That is, their markings appear with a closed bar -- one or two bars older than the current bar.

Attached Image (click to enlarge)
Click to Enlarge Name: fractals-and-TDI.png Size: 20 KB

In the screenshot above I show fractals in the main window and TDI in the sub-window. The vertical red line passes through a potential, bearish TDI signal that is one bar past the green-red crossing. In real-time that vertical red line was passing through Bar[0], the active bar. If you had been trading in real-time you then could have looked back two closed bars and would have seen that bearish fractal. That bearish fractal could have been used as additional discretionary confirmation that the TDI crossing was a high-probability trade.

Again -- fractals do not repaint -- they are delayed one or two closed bars. That is because it takes a minimum of 3 closed bars to form a Level One fractal.

@DrDick / @ivan9578 -- how does it feel? 9 years, 3300 posts down the drain. From here on out you will be remembered as the red badge who still believes that fractals repaint because he read it on the Internet. "@DrDick -- the believer of fractal repainting and spreader of misinformation"...

For newcomers -- @DrDick / @ivan9578 provides an example why it takes us unneccessarily long to get a handle on forex and learn to trade profitably. Trading forex has its inherent challenges -- but add to that 3300 BS posts from people like @DrDave / @ivan9578 that you have to sift through and the challenge becomes even greater.
  • #110,672
  • Nov 6, 2020 4:46pm Nov 6, 2020 4:46pm
Quoting hasib
{quote} Tekkies are you saying these trades are winning trade? {image}

Those are no winning trades on that chart Tekkies posted.
Tekkies did not follow Big E' posts . He hijacked this thread to promote his M15/H1 VLine method which is not TMS 5-Method.

Blue and Yellow lines on price is not what Trading Made Simple is about.

The basics of Big E 5-Method are in Post#261

Don't contact Dean Malone about the TDI. The way he uses it for his method is 180 degrees from how we use it... you need to learn how to use it our way...

The TDI is the heart of our method. It tells you when to enter and where to exit any trades... so review previous posts and learn it good.

HA Candles are important because it makes your trading way less stressful... use them.

Stoch's is nothing but confirmation. If Stoch's & the TDI give different signals... lights flash off and on warning me to take a closer look before entering.. and usually I look for another trade.

5 ema... shows direction currently... only wanting to enter on candle 1 or two. If there is a reversal do I have a TDI signal to enter... if not and all looks strong then enter on candle 2... use some discretion... practice on Demo... take some chances and see if yor head computer was right... it's free.

HA Candles... What are their size? If they are small I will usually go find another set up... Look for consolidation... look for how close PA is to supp/res levels... use your brain !

Believe it or not you have to participate and think... until it's so second nature... there is nothing to it... it's so simple... don't complicate it or you will lose...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #110,673
  • Nov 6, 2020 4:52pm Nov 6, 2020 4:52pm
Quoting hasib
{quote} Learn to tweek your strategy to stay up with changing market conditions. BigE Changed his method according to his need. I share one of his old charts here. {image}

The fact is Big E has 19 chart templates during his time. He traded different methods and he also mentioned he could trade without the TDI.

The question remains: Why did he start this new thread and took the thread title "Trading Made Simple" which was one of many title names suggested by members?

Links to Big E' posts where he mentioned that you can trade without the TDI

#3044 Jan 20, 2011

#3103 Jan 26, 2011

#3418 Feb 12, 2011

#2617 May 16, 2011

#296 Nov 4, 2008

he also shared these
#681
using an RSI (13) with a 50% line

#504
use a RSI(3)

Trading Made Simple is not about trading the TDI green cross red ... #2617 May 16, 2011
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #110,674
  • Nov 6, 2020 4:59pm Nov 6, 2020 4:59pm
[quote=Tekkies;13250542]{} So Hasib are you also one of those members that think this method needs more indicators, EA, monitors to trade with. Well this is what BigE has posted in this thread: Post#6.... If you add other things it will influence your decisions... usually to your detriment. #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. Many traders on the old thread said once they quit trying to improve it or making it more complicated... their pip take exploded. #1933 Honestly folks... I spent over 2 years refining this method... so it would be simple to understand and easy to trade... Just follow the simple entry rules and TDI exit rules... this isn't brain surgery or rocket science. Just follow what I show you... what I tell you... not what others say that's not within the rules. It's simple and many of you are thinking it can't be this simple so you try to add things and complicate it... that will only lead to your minimum performance or failure... When you do that you create stumbling blocks for yourself... Plain and simple... if you’re not making bunches of pips you’re not following what I and the other key guys have taught you... ----- This "changing market conditions" BigE has posted about. Can you show reader's by means of a chart what it is.[]

Tekkies is all over the place once again jumping from post to post selectively to justify his beliefs.

#6, #285 and # 1933

and now we are back to three pieces of the Big E puzzle

unless you have all the pieces of Big E puzzle put together you will never ever going to be trading made simple and you will still be losing money month after month but one thing for sure is Tekkies will still be here posting and telling lies that you read and follow Big E' post and you will make 10 pips a day is enough.

Attached Image
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #110,675
  • Nov 6, 2020 5:14pm Nov 6, 2020 5:14pm
Quoting Tekkies
{quote} Don't know much about holding a trade Hasib. With every trade I place, I aim for BE plus spread with a stop loss. Price does not hit stop loss I move stop loss, when price does hit stop loss I wait for next TDI setup. It can one bar or many bars, few seconds or many hours. It all depends on the information TDI is showing like: angle, flat, check mark, hookover, green bounce red, space between green and red. Tien pips is good for me, more is always better. If it happens good, if not, try tomorrow...

If you continue to trade M15 this way with your SL, BE plus spread you will continue to lose Demo money and by end in 2020 you will not show 12 months consistent winning months. Better make that necessary transition to trade the 4hr during the London session and also the Daily, and use a demo account to forward test in realtime live market and you will learn fast. Try this starting on Monday Nov 9 not tomorrow because the markets are closed.

The hard truth and fact is TDI for entry and exit trading M15 is a failed strategy.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #110,676
  • Nov 6, 2020 5:35pm Nov 6, 2020 5:35pm
Quoting Tekkies
{quote} Yes, they are. Where does the red bar start > at the top. Where does the green bar start > at the bottom. When do you enter a trade with TDI setup? Post#6 Entries and exits... We Enter a trade when green crosses red on the TDI at the beginning of that candle {quote} Same total, so what. Are they all the same length? Which are longer? Blue or yellow?

Where does the red bar start > at the top.
Where does the green bar start > at the bottom.
When do you enter a trade with TDI setup?
Post#6
Entries and exits...
We Enter a trade when green crosses red on the TDI at the beginning of that candle

Fact:
Every price bar/Japanese candle has its Open, High, Low and Close.

Bull bar/candle has Green body Open and Close , and its High and Low too.
Bear bar/candle has Red Body Open and Close, and its High and Low too.

Follow the OP Big E' Post#261 and use the Average Price Bar/ HA candles

You decide sell when the HA candle colour changed, sell on red HA candle.

You decide buy when the HA candle colour changed, buy on blue HA candle.

Do not deviate from the Basics of his 5-Method

The TDI is the heart of our method. It tells you when to enter and where to exit any trades... so review previous posts and learn it good.

HA Candles are important because it makes your trading way less stressful... use them.

Stoch's is nothing but confirmation. If Stoch's & the TDI give different signals... lights flash off and on warning me to take a closer look before entering.. and usually I look for another trade.

5 ema... shows direction currently... only wanting to enter on candle 1 or two. If there is a reversal do I have a TDI signal to enter... if not and all looks strong then enter on candle 2... use some discretion... practice on Demo... take some chances and see if yor head computer was right... it's free.

HA Candles... What are their size? If they are small I will usually go find another set up... Look for consolidation... look for how close PA is to supp/res levels... use your brain !

Believe it or not you have to participate and think... until it's so second nature... there is nothing to it... it's so simple... don't complicate it or you will lose...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #110,677
  • Nov 6, 2020 5:50pm Nov 6, 2020 5:50pm
Quoting havenoidea
{quote} Nice trade Emmanuel, i was out early. i always got in late and got out early
Well, I have my PFA target 1.1890 in sight but the market is too smart for the retail traders all the time. Smart money always set up retail traders in this very brutal spot forex market. The smart money knows where the orders are and they strike highs and lows to fill the orders and their own bellies with your $$$$$$.

Do not always think of early entry or that your entry is late. Your entry needs to be on time.

Think of entry when there is a trade setup according to your trade plan, - the price action REVERSAL is confirmed and you get the signals from the technical indicators which you chose to use to confirm the trade setups.
#1 importance is the Price Action when look for trades
#2 is the technical indicators - Stoch, RSI, MACD, CCI, etc.

Exits are different
- there are many different exit strategies
- the TDI exit is not always ideal and not the best, the OP knew it.
- I have my multi-lot entry and exits strategy as I posted many live trades.

I can talk more on other Exit Strategy methods here in the following weeks.

In the TMS(r) thread I have another exit strategy when I trade the Daily and Weekly swings.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #110,678
  • Nov 6, 2020 5:57pm Nov 6, 2020 5:57pm
Quoting emmanuel7788
{quote} EURUSD Nov 06 H1 London Open - price action .. simple and obvious - buy setup {image}

EURUSD Nov 06 H1 trades closed

- follow the OP' post and make the transition to trade the 4hr during London market session
- I don't use TDI for exit
- I use a simple Money Management strategy for exit to take profits.
- I have my own entry and exit based on price moves and PA of the HA candles.

Trade closed below:
- 4 batches of trades using the H4 HA candle price
- last trade was stopped out byt the candlestick trailing stop and missed the PFA 1.1890 target.
- after my PFA 1.1890 the market tested that level twice before trading day closed.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Nov 06 H1 trades closed 7-11-2020 7-28-30 am.png Size: 78 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #110,679
  • Nov 6, 2020 6:06pm Nov 6, 2020 6:06pm
Quoting hasib
AS BigE said- Learn to tweek your strategy to stay up with changing market conditions. If we add just a BB in a chart we could have avoided 4 losing trading at list, out of 12 trades in this market conditions. Don't you think those pips will remain your account balance? {image}

Trading the Daily, one of the filter which Big E mentioned was to pick only the candle that are medium size and larger. But he did not say what is 'medium size ' candle and how he determine them.

I know he look at APB/HA candles size.
I also know he has his ADR indicator from CompassFX.
I also know he has another indicator from Dean Malone.
I also know he has an indicator from Lance Beggs price action trading.

He has a lot of stuff which he tested and used in those 3 to 5 years.

You can pick up some of the stuff from studying all his charts. Some were written without charts.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #110,680
  • Nov 6, 2020 6:17pm Nov 6, 2020 6:17pm
Quoting hasib
As a TMS Trader how many trades you will open in this chart. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: hasib GBPUSD Daily chart.png Size: 258 KB


For that same period on your chart, covering Aug 01 to Oct 31,

I have 44 buy trades closed trading my Daily system strategy with TMS_Evo IX.


Attached Image (click to enlarge)
Click to Enlarge Name: TMSr Daily TF trades Aug 01 to Oct 31 7-11-2020 8-11-56 am.png Size: 16 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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