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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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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

  • #112,181
  • Dec 3, 2020 7:21am Dec 3, 2020 7:21am
Quoting Tekkies
{quote} From the Harris thread Emmanuel? No problem. In this thread he wrote: Post 495 : 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. Take note Emmanuel, BigE has underline that sentence in his post. Now you try to use post's from other threads that are contradiction to what is posted in this thread. No wonder trader's have such a difficulty to master this simply method.[/highlight]...
[/highlight][/b]



hey Tekkies

post's from other threads that are contradiction to what is posted in this thread. No wonder trader's have such a difficulty to master this simply method.

It is the OP Big E who said this:

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...

#336
https://www.forexfactory.com/thread/...95#post4576995

there is no contradiction what were posted in the old thread and in this thread by the OP.

I know you have been confused since 2016. That's okay. Some people just take longer time to learn and they can reason out the posts and their meaning, then all things will be crystal clear.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,182
  • Dec 3, 2020 7:23am Dec 3, 2020 7:23am
Quoting Tekkies
{quote} From the Harris thread Emmanuel? No problem. In this thread he wrote: Post 495 : 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. Take note Emmanuel, BigE has underline that sentence in his post. Now you try to use post's from other threads that are contradiction to what is posted in this thread. No wonder trader's have such a difficulty to master this simply method.
The ToxicfakeTrader STILL insists on pulling things from other threads into this thread when BigE made it clear that this thread is ONLY about the 5-method??

Post#5
That [Craig Harris’ Stochastics Method] was just one of many methods we discussed. Folks were getting confused by mixing up rules from different methods so this thread will only be about the 5 method.
To free Gazans of Hamas, use whatever it takes.
  • #112,183
  • Dec 3, 2020 7:23am Dec 3, 2020 7:23am
buy EURAUD Dec 03 8:15AM EST NY
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,184
  • Dec 3, 2020 7:26am Dec 3, 2020 7:26am
#336
https://www.forexfactory.com/thread/...95#post4576995


It is the OP Big E who said this:

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...

And the FakeDr with fake PhD and Fake MD aka DrDick still have not read and nor study both old and this thread and has not leanr anything about eelfranz.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,185
  • Dec 3, 2020 7:30am Dec 3, 2020 7:30am
Quoting Tekkies
You don't make money, you earn it. {image}

Post#5
Divergence,

That was just one of many methods we discussed. Folks were getting confused by mixing up rules from different methods so this thread will only be about the 5 method.

Are you trading the 5-method?

It is the OP Big E who said this:
#336
https://www.forexfactory.com/thread/...95#post4576995

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,186
  • Dec 3, 2020 7:32am Dec 3, 2020 7:32am
TMS Monitor Dec 03 NY session

- the dollar bears are back ... but for how long?

- ride the 3 amigos ...

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Dec 8AM EST 03 3-12-2020 9-30-45 pm.png Size: 29 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,187
  • Edited 11:22am Dec 3, 2020 7:33am | Edited 11:22am
Quoting DrDave
{quote} The ToxicfakeTrader STILL insists on pulling things from other threads into this thread when BigE made it clear that this thread is ONLY about the 5-method?? Post#5 That [Craig Harris’ Stochastics Method] was just one of many methods we discussed. Folks were getting confused by mixing up rules from different methods so this thread will only be about the 5 method.
And of course, no NEED to go check other threads to learn the 5-method. But for those that would like to have more EXAMPLES--note EXAMPLES, not more rules/indicators/strategies--go read BigE's previous threads.
To free Gazans of Hamas, use whatever it takes.
  • #112,188
  • Dec 3, 2020 7:34am Dec 3, 2020 7:34am
Introduction to Trading Made System

To learn what Trading Made Simple is, you have to follow the trading journey of the OP eelfranz aka Big E. He started as a newbie in 2008. Know the history and you will learn a lot from the OP and when you have mastered the 5-Method, you can then move on and develop your own trading system following how he did his. Many traders have moved on to trade their own systems.

Trading Made Simple for beginners : Post#52,707

A short history by pioneer member snarlyjack Post#110

Our late OP eelfranz aka Big E spent 6,000 hours: Post#6 and he evolved as a trader and went on and developed two trading methods.
5-Method and 21/233 Method Post#3018, Post#4104,

After months of postings and answering many frequently asked questions FAQs,
eelfranz made the jump to this new Trading Made Simple thread on 26 April 2011... Post#4432

In Post#1, he explained how he traded the H4 chart timeframe and he also traded the H1 chart during the NY session. This suited his lifestyle being retired and the time zone he lived. Sadly he passed away in Oct 2012.

Two very important posts: Post#261 and Post#647, give a simple summary of what this 5-Method is and the basic forex stuff we check before we look for the TDI setups to trade.

TMS 5-Method Basic Rules: Post#53,841
Always check the #1- Price Action first, then #2- TDI Post#3142
Big E wanted us to build this TMS thread together... Post#4,432

The original indicators and template Post#25
When you are overwhelmed (information overload) by the number of posts and the loads of information and variations shared by other traders here, the best thing to do is to stop reading and go back to the basics what Big E mentioned in his 463 posts in this thread and 861 posts in the CHS thread. First you learn and master the 5-Method first before you start add your own tweaks and make a new system.

Recommendations:
Read all of Big E posts... 861posts in the Craig Harris Stochastics thread and 463 posts in this TMS thread....and make notes on those training charts he posted. Pay attention whenever he mentioned PA and what you see on his training charts.

Learn the basic stuff about forex trading first. A good place to start is www.babypips.com/school

If you want to trade the way Big E described in Post#1, make sure you use his template , the Synergy APB / HA candles and use that TDI Red Green version. These are in Post#25.

Important to Note that the TDI Red Green version repaints all the bars in history so you cannot use this when you do back-testing by scrolling back your charts. The better way is to run this in live market and trade the TMS setups based on what you see without refreshing your charts. When you want to trade with entries on the APB#1 and APB#2 candles, always wait for the price bar/candle to close and use the TDI to confirm the setup.

Big E was a rule-based discretionary trader. According to studies by Dr Van K Tharp this rule-based discretionary are the best traders,

Enjoy and Have fun during your learning journey..
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,189
  • Dec 3, 2020 7:35am Dec 3, 2020 7:35am
update:

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor update 3-12-2020 9-36-09 pm.png Size: 28 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,190
  • Dec 3, 2020 7:49am Dec 3, 2020 7:49am
GBPUSD Dec 03 H4 NY session

- watch the RSI green line tweek when this H4 candle close.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Dec 03 H4 8.48AM EST 3-12-2020 9-48-13 pm.png Size: 78 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,191
  • Dec 3, 2020 7:51am Dec 3, 2020 7:51am
Quoting emmanuel7788
{quote} Its the same OP Big E who started that thread. The original thread title was "GBPUSD 15 min" but FF Admin changed that to Carig Harris Stochastics Method for obvious reasons. Reat that thread from Post#1 to Post #200 and you will know why. In his old thread, that is where Big E started hi 5-Method development and some members got confused and mix up different methods, different rules, etc. Big E made the jump to this new thread because there was little traffic in the Commercial Content forum. He love to see traffic meaning people reading...
Try to understand what this mean Emmanuel:
this thread will only be about the 5 method.
We switched from there to only discuss this method in the new forum...

There is nothing at all about the 5 method in what you post now in this thread.
Where do all those ekstra indicators come from?
First batch: Five bar's late with TDI flat.
Second batch: Place sell trades when TDI is below 32. For 3 hours you were in drawdown. Please don't fib a lie that you knew price will go down again.

How many times have you posted about live trade's? What do we see is a chart lightened up like a christmas tree.
You can hardly see the candles, never mind read what the candles are trying to tell you.
Attached Image (click to enlarge)
Click to Enlarge Name: qwewswes.PNG Size: 72 KB
  • #112,192
  • Dec 3, 2020 8:03am Dec 3, 2020 8:03am
Quoting emmanuel7788
GBPUSD Dec 03 H4 NY session - watch the RSI green line tweek when this H4 candle close. {image}
GBPUSD Dec 03 H4 9AM EST

- new H4 candle open
- RSI green price line tweek from 2.0 to 8.3 and its a bounce 6.3

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Dec 03 H4 9AM EST 3-12-2020 10-00-39 pm.png Size: 79 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,193
  • Dec 3, 2020 8:10am Dec 3, 2020 8:10am
Quoting Tekkies
{quote} Try to understand what this mean Emmanuel: this thread will only be about the 5 method. We switched from there to only discuss this method in the new forum... There is nothing at all about the 5 method in what you post now in this thread. Where do all those ekstra indicators come from? First batch: Five bar's late with TDI flat. Second batch: Place sell trades when TDI is below 32. For 3 hours you were in drawdown. Please don't fib a lie that you knew price will go down again. How many times have you posted about live trade's? What do we...
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Dec 03 trade update 3-12-2020 8-43-17 pm.png Size: 32 KB


Tekkies

but you missed the H1 and H4 candles and price action

what you see is M15 entries and exits

no wonder you have not being profitable since 2016 and for 5 years you are still losing money.

you are looking at the "trees and missed the forest"

when you cannot see the M15 price bars and HA candle, then you visual trading skills are not well developed yet.

you should learn to count M15 bar in H1, then H1 bars in H4.

now look at the same trades on H4 chart timeframe

do you see the H4 Mother Bar/Inside Bar breakout?

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY trades in H4 3-12-2020 10-08-51 pm.png Size: 24 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,194
  • Dec 3, 2020 8:24am Dec 3, 2020 8:24am
Quoting Tekkies
{quote} Try to understand what this mean Emmanuel: this thread will only be about the 5 method. We switched from there to only discuss this method in the new forum... There is nothing at all about the 5 method in what you post now in this thread. Where do all those ekstra indicators come from? First batch: Five bar's late with TDI flat. Second batch: Place sell trades when TDI is below 32. For 3 hours you were in drawdown. Please don't fib a lie that you knew price will go down again. How many times have you posted about live trade's? What do we...

Tekkies

this thread is about the 5-Method,

can you count how many candles USDCHF swing high + reversal then and move down?

can you see where the 10PM , 2AM and 6AM candle?

do you think Big E would have enter sell at the 10PM candle, which candle?

Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF Dec 03 swing 15 candles 3-12-2020 10-20-36 pm.png Size: 79 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,195
  • Dec 3, 2020 8:29am Dec 3, 2020 8:29am
Quoting Tekkies
{quote} Try to understand what this mean Emmanuel: this thread will only be about the 5 method. We switched from there to only discuss this method in the new forum... There is nothing at all about the 5 method in what you post now in this thread. Where do all those ekstra indicators come from? First batch: Five bar's late with TDI flat. Second batch: Place sell trades when TDI is below 32. For 3 hours you were in drawdown. Please don't fib a lie that you knew price will go down again. How many times have you posted about live trade's? What do we...

Tekkies

here my EURUSD trades closed.

Please feel free to give your newbie observations and comments.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Dec 03 trades closed 3-12-2020 10-27-42 pm.png Size: 33 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,196
  • Dec 3, 2020 8:36am Dec 3, 2020 8:36am
Quoting Tekkies
{quote} Try to understand what this mean Emmanuel: this thread will only be about the 5 method. We switched from there to only discuss this method in the new forum... There is nothing at all about the 5 method in what you post now in this thread. Where do all those ekstra indicators come from? First batch: Five bar's late with TDI flat. Second batch: Place sell trades when TDI is below 32. For 3 hours you were in drawdown. Please don't fib a lie that you knew price will go down again. How many times have you posted about live trade's? What do we...

Tekkies

Is this chart TMS 5-Method?

Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUD H4 TMS chart 3-12-2020 10-34-14 pm.png Size: 40 KB


If not, then please post a chart example of a TMS 5-Method chart.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,197
  • Dec 3, 2020 8:40am Dec 3, 2020 8:40am
Quoting emmanuel7788
{quote} {image} Tekkies but you missed the H1 and H4 candles and price action what you see is M15 entries and exits no wonder you have not being profitable since 2016 and for 5 years you are still losing money. you are looking at the "trees and missed the forest" when you cannot see the M15 price bars and HA candle, then you visual trading skills are not well developed yet. you should learn to count M15 bar in H1, then H1 bars in H4. now look at the same trades on H4 chart timeframe do you see the H4 Mother Bar/Inside Bar breakout? {image}
Nice.
Now the chart is understandable.
----
Are you trying another attempt at patronizing Emmanuel?
You can't stick to discussing the chart's posted but waste time on degrading a member then you are back on ignore.
Cheers Emmanuel.
  • #112,198
  • Dec 3, 2020 8:41am Dec 3, 2020 8:41am
Quoting Tekkies
{quote} Try to understand what this mean Emmanuel: this thread will only be about the 5 method. We switched from there to only discuss this method in the new forum... There is nothing at all about the 5 method in what you post now in this thread. Where do all those ekstra indicators come from? First batch: Five bar's late with TDI flat. Second batch: Place sell trades when TDI is below 32. For 3 hours you were in drawdown. Please don't fib a lie that you knew price will go down again. How many times have you posted about live trade's? What do we...

Tekkies

here is my TMS_V19 chart ... a lot more information for pre trade planning and trade decisions and execution.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUD H4 TMS_V19 chart 3-12-2020 10-38-59 pm.png Size: 79 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,199
  • Dec 3, 2020 8:43am Dec 3, 2020 8:43am
Quoting Tekkies
{quote} Nice. Now the chart is understandable. ---- Are you trying another attempt at patronizing Emmanuel? You can't stick to discussing the chart's posted but waste time on degrading a member then you are back on ignore. Cheers Emmanuel.
That's very good we have a common understanding what TMS 5-Method chart is.

Then your post and chart is not TMS 5-Method.

Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies #112,173 3-12-2020 10-14-16 pm.png Size: 328 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #112,200
  • Dec 3, 2020 8:47am Dec 3, 2020 8:47am
GBPUSD Dec 03 NY session trading

- last trade attempt to catch some more pips

- go stopped out by CSTSL exit.

- if I wait for TDI cross to exit now, I lose money.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Dec 03 trades closed 3-12-2020 10-45-04 pm.png Size: 30 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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