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Monitor for 'Trading Made Simple' system 565 replies

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

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Trading Made Simple

  • #112,101
  • Dec 2, 2020 2:04am Dec 2, 2020 2:04am
Quoting emmanuel7788
EURGBP Dec 02 H4 - waiting for the 5AM EST candle ( also Big E 2AM PDT candle) - will it tweek from 1.4 to ??.?? - will it be a 'checkmark'? {image}
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP Dec 02 H4 4.39AM EST2-12-2020 5-38-00 pm.png Size: 82 KB



EURGBP Dec 02 H1 5AM EST

WOW! Better than I thought when price made a last second push up.

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP Dec 02 H4 5AM EST 2-12-2020 6-00-45 pm.png Size: 90 KB


pull the trigger !
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,102
  • Dec 2, 2020 2:11am Dec 2, 2020 2:11am
Quoting emmanuel7788
{quote} be patient ... You read a lot of what Tekkies' bullshit in this thread that only read Bog E posts and Big E advice etc. etc. and now {quote} he say "would be nice to know". what is nice may not be good.
Trading in the zone chapter 3, talks about developing winning attitude by taking responsibility. In this chapter talks about self-sabotage.
Inserted Video
MA provides the market's current direction and strength.
  • #112,103
  • Dec 2, 2020 3:26am Dec 2, 2020 3:26am
Today I don't open any trade-in GU.
GU is completely untradable today


EU's Barnier Tells EU Envoys Three Main Brexit Issues Still Unresolved
— LiveSquawk (@LiveSquawk)
MA provides the market's current direction and strength.
  • #112,104
  • Dec 2, 2020 3:26am Dec 2, 2020 3:26am
Hello to all

What do you think about USDCHF ? is there any chance for long trades ?
Attached Image (click to enlarge)
Click to Enlarge Name: 343510FE-3391-438B-9FB7-3F1DC74C6577.jpeg Size: 190 KB
  • #112,105
  • Dec 2, 2020 3:35am Dec 2, 2020 3:35am
Quoting hasib
{quote} What is your advise.
He can only advise you on how to CONTINUE with self-sabotage. He has posted before that he learned this, that, and the other thing about trading and ended up deep in the FailurePit. Then went to (yet another) seminar, hoping and praying that THIS TIME he would learn something worthwhile. And from that seminar he decided that he must now UNLEARN nearly everything from previous efforts. But alas, 'twas to no avail and he remained firmly entrenched in his FailurePit.
To free Gazans of Hamas, use whatever it takes.
  • #112,106
  • Dec 2, 2020 3:36am Dec 2, 2020 3:36am
Quoting toti1985
Hello to all What do you think about USDCHF ? is there any chance for long trades ? {image}
quite nice except the ATR quite small and to get 5pips 10pips and 15 pips can be difficult with this setup

otherwise it looks like a 'dead cat bounce'

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Dec 02 6AM EST 2-12-2020 7-31-47 pm.png Size: 21 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,107
  • Dec 2, 2020 3:39am Dec 2, 2020 3:39am
Quoting toti1985
Hello to all What do you think about USDCHF ? is there any chance for long trades ? {image}
Of course there is a chance for long trades.
To free Gazans of Hamas, use whatever it takes.
  • #112,108
  • Dec 2, 2020 3:46am Dec 2, 2020 3:46am
Quoting hasib
Today I don't open any trade-in GU. GU is completely untradable today EU's Barnier Tells EU Envoys Three Main Brexit Issues Still Unresolved — LiveSquawk (@LiveSquawk)

its another one of those 'crazy' day with lots of extremes ...

but buy Gold was good since this morning open.

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Dec 02 2AM PDT 2-12-2020 7-44-41 pm.png Size: 31 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,109
  • Dec 2, 2020 3:57am Dec 2, 2020 3:57am
Quoting toti1985
Hello to all What do you think about USDCHF ? is there any chance for long trades ? {image}

TMS _V19 USDCHF Dec 02 H4

- price action bounce but no buy
- Weekly Trend 2/8 is bearish
- Daily TDiC1 is red
- ATR 21 pips

Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF dec 02 H4 V19 info.png Size: 78 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,110
  • Dec 2, 2020 3:58am Dec 2, 2020 3:58am
Quoting DrDave
{quote} He can only advise you on how to CONTINUE with self-sabotage. He has posted before that he learned this, that, and the other thing about trading and ended up deep in the FailurePit. Then went to (yet another) seminar, hoping and praying that THIS TIME he would learn something worthwhile. And from that seminar he decided that he must now UNLEARN nearly everything from previous efforts. But alas, 'twas to no avail and he remained firmly entrenched in his FailurePit.
Oops, another poop? Don't forget to wipe...
  • #112,111
  • Dec 2, 2020 5:32am Dec 2, 2020 5:32am
Hi newbie here, been demoing this strategy for a while but have a high amount of losing trades. Anyone got any tips on how i can become profitable?
  • #112,112
  • Edited 6:20am Dec 2, 2020 5:54am | Edited 6:20am
Quoting Jamesneil
Hi newbie here, been demoing this strategy for a while but have a high amount of losing trades. Anyone got any tips on how i can become profitable?
Read and practice all that BigE presented. Especially the warnings to NOT ADD ANYTHING, like EAs and other indicators, that only lead to your confusion and to poor results.

If you put into practice what he presented, then he says the BEGINNERS will achieve 65% success rate and that within 1-2 months will achieve around 80% success rate.
To free Gazans of Hamas, use whatever it takes.
  • #112,113
  • Dec 2, 2020 6:09am Dec 2, 2020 6:09am
Quoting Jamesneil
Hi newbie here, been demoing this strategy for a while but have a high amount of losing trades. Anyone got any tips on how i can become profitable?
Who do you follow?
BigE or those that think they know more.
  • #112,114
  • Dec 2, 2020 7:05am Dec 2, 2020 7:05am
Quoting Jamesneil
Hi newbie here, been demoing this strategy for a while but have a high amount of losing trades. Anyone got any tips on how i can become profitable?
Only hard work over years will help you. Then you have a change to get long term profitable.

In addition: Learn by putting on trades and see what works and what doesn't work (I see you have started with that)
Select one strategy and work on that for a long time to fit your trading style.
The BigE TMS system is difficult to learn because the TDI crossing will give you a lot of false signals.
A strategy (it's a indicator with a build-in stratergy) that is good for newbie is Ichimoku because everything is defined in this strategy and the
rule is well defined so there is less problem keeping the discipline:

Inserted Video



Alternative strategies:
Here you have a youtube channel that test different strategies over 100 trade to check the performance
(check MACD: it looks similar to TDI but there isn't so many false signals in addition the performance was really good when was tested):
https://www.youtube.com/c/TRADINGRUSH/videos
  • #112,115
  • Dec 2, 2020 7:38am Dec 2, 2020 7:38am
3 Gold trades today. 2 winning trades and 1 losing trade. I cut the losing trade early.
77 Pips gain in Gold and 23 pips lose in GU today.

GU is not giving much today.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.png Size: 48 KB
MA provides the market's current direction and strength.
  • #112,116
  • Dec 2, 2020 7:44am Dec 2, 2020 7:44am
Quoting kirinda
{quote} Only hard work over years will help you. Then you have a change to get long term profitable. In addition: Learn by putting on trades and see what works and what doesn't work (I see you have started with that) Select one strategy and work on that for a long time to fit your trading style. The BigE TMS system is difficult to learn because the TDI crossing will give you a lot of false signals. A strategy (it's a indicator with a build-in stratergy) that is good for newbie is Ichimoku because everything is defined in this strategy and the rule...
kirinda Very nice Advice. I Agree with you. I watch all the videos on that channel I learn a lot from him. I think every new trader who doesn't have any strategy should take your advice seriously.
MA provides the market's current direction and strength.
  • #112,117
  • Dec 2, 2020 9:29am Dec 2, 2020 9:29am
Quoting hasib
3 Gold trades today. 2 winning trades and 1 losing trade. I cut the losing trade early. 77 Pips gain in Gold and 23 pips lose in GU today. GU is not giving much today. {image}
I feel you man.. GU was spike up and drop
More WD Less Depo
  • #112,118
  • Edited 11:43am Dec 2, 2020 10:43am | Edited 11:43am
Quoting kirinda
{quote} Only hard work over years will help you. Then you have a change to get long term profitable. In addition: Learn by putting on trades and see what works and what doesn't work (I see you have started with that) Select one strategy and work on that for a long time to fit your trading style. The BigE TMS system is difficult to learn because the TDI crossing will give you a lot of false signals. A strategy (it's a indicator with a build-in stratergy) that is good for newbie is Ichimoku because everything is defined in this strategy and the rule...
the TDI crossing will give you a lot of false signals.
So sad to see people keep repeating this MISTAKE! TDI gives no false signals; it merely gives a signal (green cross red). This signal is nothing more than an ALERT directing you to CHECK OTHER THINGS to see if the criteria are met for entering a trade.
To free Gazans of Hamas, use whatever it takes.
  • #112,119
  • Dec 2, 2020 10:59am Dec 2, 2020 10:59am
"" So here's another great frame for your next trading review:

1) How deep is your research and development pipeline? What new edges in trading are you pursuing?

2) How much progress have you made on your R&D goals in the past month? What will make you a new/different trader by the end of 2021?

Listen up: The enemy of great trading is not emotionality, going on tilt, or failing at the "mental game". The enemy of sustained successful trading is mediocrity.

One trader I worked with traded breakout patterns, but the time series he looked at consisted of the relative relationships among stocks and stock sectors. In other words, he would buy upside breakouts in the relative strength of one thing versus another thing. Moreover, he would find options structures for capturing his relative views that gave him unusually good reward relative to risk. He was consistently profitable, not by playing the game better than his peers, but by finding a different game that played to his strengths. ""
MA provides the market's current direction and strength.
  • #112,120
  • Dec 2, 2020 11:05am Dec 2, 2020 11:05am
Quoting Jamesneil
Hi newbie here, been demoing this strategy for a while but have a high amount of losing trades. Anyone got any tips on how i can become profitable?
Hello newbie

how i can become profitable?

Yes. I have shared many tips which I can share with you again.

But the first most important tip is to first learn from a profitable trader

Stay Tuned for more tips.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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