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Monitor for 'Trading Made Simple' system 565 replies

Trading Made Simple the right way, and other trading lessons 334 replies

Indicators for the 'Trading Made Simple' system 343 replies

MTF Indicators for the 'Trading Made Simple' system 241 replies

Trading Made Simple system follower - Thanks to eelfranz 9 replies

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Trading Made Simple

  • #111,101
  • Nov 14, 2020 3:12pm Nov 14, 2020 3:12pm
Quoting hasib
{quote} what you do with all of this

Obviously... of course, nothing! ; )─ just ignore it and move on... and don't dwell on this post. Just concentrate on the TMS-5 Method herein.
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #111,102
  • Nov 14, 2020 3:12pm Nov 14, 2020 3:12pm
Quoting robots4me
{quote} @hasib -- this is why it is called "discretionary" trading -- i.e. trade at your discretion. You do not HAVE to open a new position if your brain tells you that it doesn't look like a high-probability setup. Listen to your brain. Move on to a different pair. You're making this so much more difficult than necessary -- it is beginning to make my head hurt...
As trader we need to have method or concept, not to open trade in this area. We need to think objectively were our system will fail. Where we will fill uncomfortable, if we fill more and more uncomfortable we will start breeding our trading rules. You what happens after that.
MA provides the market's current direction and strength.
  • #111,103
  • Nov 14, 2020 3:15pm Nov 14, 2020 3:15pm
Quoting hasib
{quote} As trader we need to have method or concept, not to open trade in this area. We need to think objectively were our system will fail. Where we will fill uncomfortable, if we fill more and more uncomfortable we will start breeding our trading rules. You what happens after that.
Taking a look at your TE, you should just reverse whatever you are thinking of. Or maybe, concede that you are not fit to be a trader. How the heck did you get your red diamond?
I will tear the world apart for you.
  • #111,104
  • Edited 3:42pm Nov 14, 2020 3:18pm | Edited 3:42pm
Quoting v2vboni
{quote} Obviously... of course, nothing! ; )─ just ignore it and move on... and don't dwell on this post. Just concentrate on the TMS-5 Method herein.
Keep doing what is working for you best of luck.
MA provides the market's current direction and strength.
  • #111,105
  • Nov 14, 2020 3:48pm Nov 14, 2020 3:48pm
Quoting Barnell
{quote} Taking a look at your TE, you should just reverse whatever you are thinking of. Or maybe, concede that you are not fit to be a trader. How the heck did you get your red diamond?
Thanks for your opinion.
MA provides the market's current direction and strength.
  • #111,106
  • Nov 14, 2020 5:42pm Nov 14, 2020 5:42pm
Quoting hasib
{quote} Thanks, I have learned a new concept form Big E Post 731
@hasib

that Post #731 is good.

you are at a point where you have to make that big decision. - stick to the 5-Method or continue with more testing and blending of other methods/systems.

when you market opens, post your chart using Big E' template and it should look like that chart in Post #731.

do you want to work towards what Big E achieved in his Post #2617?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,107
  • Nov 14, 2020 6:05pm Nov 14, 2020 6:05pm
Quoting hasib
{quote} Thanks, I have learned a new concept form Big E Post 731
@hasib

Now after Post#731, you must read and study the next two posts #732 and #733.

that is the Achilles' heel of Trading Made Simple that caused many newbie traders to lose money and have given up.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,108
  • Nov 14, 2020 6:57pm Nov 14, 2020 6:57pm
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...
I follow OP post and went to his old thread. That page 246 is wrong! That was the old default format posts per page.

Quoting eelfranz
Something I need to clear up... When I'm trading the HIGHER TIME FRAMES I do not exit if it draws back 10 pips. I only use that rule for charts 5 min.-15 minutes. Even on higher timeframes I don't use a S/L when in front of the computer. If I'm going to bed I'm almost always in profit so I'll place the S/L at B/E + my spread...
Something I need to clear up...

When I'm trading the HIGHER TIME FRAMES I do not exit if it draws back 10 pips. I only use that rule for charts 5 min.-15 minutes.

Even on higher timeframes I don't use a S/L when in front of the computer. If I'm going to bed I'm almost always in profit so I'll place the S/L at B/E + my spread...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,109
  • Nov 15, 2020 1:29am Nov 15, 2020 1:29am
BIg E was a very aggressive trader


Snarly - J...

Thanks for stopping by buddy...

Your Question:

Have you found the ema 5 shift 3 to be more accurate than
Dean Malone's channels of sma 5 hi and 5 lo?

More accurate? PA is PA regardless of the strategy. They are 2 totally different methods with different rules.

Have you thought of combining them or are they totality different
entry/exit points?

I traded Deans method a couple months several years ago and I couldn't stand missing so many pips on every entry so I moved on.
I don't mix methods that are so different... different entry rules.

Just a question on which you feel is better the ema or the channel?

Deans method is fabulous for traders looking for more security because his method is conservative and it works too.

It doesn't fit my personality or trading style... aggressive. Therefore the 5 ema method.
MA provides the market's current direction and strength.
  • #111,110
  • Nov 15, 2020 4:41pm Nov 15, 2020 4:41pm
Quoting hasib
BIg E was a very aggressive trader Snarly - J... Thanks for stopping by buddy... Your Question: Have you found the ema 5 shift 3 to be more accurate than Dean Malone's channels of sma 5 hi and 5 lo? More accurate? PA is PA regardless of the strategy. They are 2 totally different methods with different rules. Have you thought of combining them or are they totality different entry/exit points? I traded Deans method a couple months several years ago and I couldn't stand missing so many pips on every entry so I moved on. I don't mix methods that are...
read and study his 12 posts to be the conserative (conservative) trader:

Attached Image (click to enlarge)
Click to Enlarge Name: Big E on conserative.png Size: 104 KB

you need to know yourself, know the market, and know ...

when to be aggressive in your entry and use conservative exit

when to be conservative in your entry and use conservative exit

when to be conservative in your entry and use aggressive exit

when to be aggressive in your entry and aggressive exit
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,111
  • Nov 15, 2020 5:02pm Nov 15, 2020 5:02pm
a major event this week which is not on FF Cal is happening in Brussels ... ongoing Brexit talks.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,112
  • Nov 15, 2020 5:04pm Nov 15, 2020 5:04pm
[quote = emmanuel7788; 13264406] velká událost tohoto týdne, která není na FF Cal, se děje v Bruselu ... probíhající rozhovory o brexitu. [/ quote]
you can give us a live trader
  • #111,113
  • Nov 15, 2020 5:05pm Nov 15, 2020 5:05pm
Quoting kaca33
[quote = emmanuel7788; 13264406] velká událost tohoto týdne, která není na FF Cal, se děje v Bruselu ... probíhající rozhovory o brexitu. [/ quote] you can give us a live trader
live trade
  • #111,114
  • Nov 15, 2020 5:05pm Nov 15, 2020 5:05pm
[quote = kaca33; 13264410] {quote} živý obchod [/ quote]
video
  • #111,115
  • Nov 15, 2020 5:25pm Nov 15, 2020 5:25pm
Quoting emmanuel7788
GBPJPY Nov 13 H4 1AM PDT - H4 has another 60 mins to close - can this be the pull back? do you wait till this 10PM PDT H4 close and trade the next H4 2AM candle like the OP did? {image}

GBPJPY Nov 13 trades closed

- be conservative and pick only the best setups to trade.
- your exit can be a combination of conservative plus aggressive exits.
- and be conservative - Cut-Losses quickly - use Capital Protection.
- be aggressive when the market is right and you are right - Let Profits RUN - use Preceding TP.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY Nov 13 trades closed 14-11-2020 7-34-54 am.png Size: 44 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,116
  • Nov 15, 2020 5:30pm Nov 15, 2020 5:30pm
Quoting kaca33
[quote = kaca33; 13264410] {quote} živý obchod [/ quote] video
@kaca33 -- go away. Are you another one of @DrDick's fake aliases? The same day you register for FF (Nov. 3) you begin spamming this thread with requests for personal videos. We are not assembled here just to hold your hand. Read BigE's posts and figure things out for yourself.
  • #111,117
  • Nov 15, 2020 5:33pm Nov 15, 2020 5:33pm
Quoting emmanuel7788
Frankfurt Open FO take your pick {image}
Trades Closed Friday Nov 13

- trade mostly during the Frankfurt & London sessions only

- trade the Sydney / Tokyo sessions but only AUDUSD, AUDJPY and USDJPY pairs.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Nov 13 trades closed 14-11-2020 7-33-23 am.png Size: 44 KB




Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY Nov 13 trades closed 14-11-2020 7-40-26 am.png Size: 43 KB


Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Nov 13 trades closed 14-11-2020 7-36-30 am.png Size: 43 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,118
  • Nov 15, 2020 6:05pm Nov 15, 2020 6:05pm
TMS Monitor Nov 16 Tokyo Open

- easy, just pick one of them

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Nov 16 TOK open 16-11-2020 8-03-57 am.png Size: 18 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #111,119
  • Nov 15, 2020 6:10pm Nov 15, 2020 6:10pm
Quoting emmanuel7788
TMS Monitor Nov 16 Tokyo Open - easy, just pick one of them {image}
Hey Emm,
Could you share this excellent Indicator?
Regards,
-John
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647
  • #111,120
  • Nov 15, 2020 6:14pm Nov 15, 2020 6:14pm
Quoting DrForexMD
{quote} Hey Emm, Could you share this excellent Indicator? Regards, -John

Oh, I found it I believe:

https://www.forexfactory.com/thread/...-simple-system

- John
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647
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