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Trading Made Simple system follower - Thanks to eelfranz 9 replies

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Trading Made Simple

  • #115,421
  • Jan 21, 2021 5:59pm Jan 21, 2021 5:59pm
Quoting eelfranz
Don't get fired ! Just make the necessary transition to trading 4hr charts during the London session... or Daily charts.
Why don't you consider making the transition and include trading the Weekly charts too?

Quoting eelfranz
Alright all you party animals what would be the most beneficial to learning this method for higher success... The answer was simple... study old charts for set ups... now strip down everything on that chart at that point... trends, angles, S/R levels, News times, Stoch angle within the 20-80 lines..etc. Burn it into your memory... I spent 2 years doing that.... so what does that mean?

It takes me 15 seconds to strip a chart down to nothing including the[/highlight]...
You don't have to strip the Stoch and TDI. Leave them on you charts if they give you more confidence to trade.

But the key here is you must follow simple entry and exit rules.

What are simple rules for entries and exits without the Stoch and TDI?

You want to take clean trades don't you?

Stay Tuned!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #115,422
  • Jan 21, 2021 6:12pm Jan 21, 2021 6:12pm
Trading Made Simple 2021-2023 ... the next 3 years trading cycle

for those who are want to consider making the transition and include Swing Trading the Weekly.

GBPJPY Weekly chart example Jan 22

Remember, follow simple rules for Entries and Exits.

And very important to use a Money Management strategy and Position Sizing. And also you need to have a System Strategy.

Attached Image (click to enlarge)
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I shall be revealing more in the coming weeks and months. If you are impatient, then you have to read my posts from June 2012 and follow the previous 3 years cycles 2012-2014, 2015 to 2017, 2018 to 2020..... Lots to read and learn.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #115,423
  • Jan 21, 2021 6:21pm Jan 21, 2021 6:21pm
Quoting emmanuel7788
{quote} @hasib I can remember 4 months ago I was desperately trying to get a 10% return in a month with less than 5% dd in a day. Now I get 10% in a month, sometimes I don't have to practice 1 month before that I get my 10%. I have to improve more. I am always a student of the market, I always respect experienced traders Yes. 10% a month is good. and 5% DD is manageable and recovery would be easy and less stress. My personal target is 10% every 20-trading days cycle. The average number of trading days to hit 10% is between...
Agree. But beware Consistency and Discipline are insults to him and he may ignore you esp during losing period
  • #115,424
  • Jan 21, 2021 6:42pm Jan 21, 2021 6:42pm
Quoting tommydoginti
{quote} Agree. But beware Consistency and Discipline are insults to him and he may ignore you esp during losing period
@tommydoginti -- have you joined the "A-Team" who's only purpose in life is to denigrate other traders? Come here to share and learn -- that's all good. But if you want to play the game of judging others, then also be prepared to be judged. I would suggest not following in the foot-steps of @DrDick -- you can tell that it eats at his insides...
  • #115,425
  • Jan 21, 2021 6:47pm Jan 21, 2021 6:47pm
Quoting T4Trade
{quote} i dont understand your entry,to me it looks like exhausted and making double top,so it is preparing for sell. do u trade only to check round numbers and 5ema and tdi ?

@T4Trade

You do not understand my trade entries because you do have not learn my simple rules for entries and exits. Big E entry rules for his reversal entry is based on price momentum of the APB#1 and APB#2 and he used the TDI#25 for confirmation of the price momentum.

I do not only check price numbers. I check everything in my trading handbook when I am swing trading the Daily/Weekly, I look at historical price levels and I trade from one level to the next level. I look at the 1. the Price Action 2. the Average Price of the period, that is why I use the APB/HA candles 3. I follow HA PA with its 5EMA ... this is the 5-Method. Without the 5EMA, we cannot call it the 5-Method.

You will see the historical price levels when you do your Big Picture Planning.

You also need to be aware of market events which is a big factor behind market volatility. Smart money moves the market. Retail traders are dumb money.

GBPUSD Big Picture

Price levels to watch in the coming days and weeks.
Note at those price levels, the Daily will most often close a 'big body candle' across those levels.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Jan 22 Big Picture MN levels 22-1-2021 8-33-14 am.png Size: 27 KB


You have Big E' 5-Method, and now you need to have your own System Strategy to trade the markets.

Stay Tune for more trading in 2021 to 2023.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #115,426
  • Jan 21, 2021 6:57pm Jan 21, 2021 6:57pm
Quoting tommydoginti
{quote} Agree. But beware Consistency and Discipline are insults to him and he may ignore you esp during losing period
@tommydoginti -- when you have a nice garden you know how sometimes fungus grows around the edges? That's what we have going on here. We can still have a nice thread -- it's just that it's necessary to trim the fungus from time-to-time.

@tommydoginti -- please don't become part of the fungus...
  • #115,427
  • Jan 21, 2021 7:15pm Jan 21, 2021 7:15pm
Quoting robots4me
{quote} @tommydoginti -- when you have a nice garden you know how sometimes fungus grows around the edges? That's what we have going on here. We can still have a nice thread -- it's just that it's necessary to trim the fungus from time-to-time. @tommydoginti -- please don't become part of the fungus...
I see fungus on everywhere...

Bullying each other meaninglessly with words (taking forums so seriously)
showing off successful trades without explanation (that is trading journal)

These people must hate their parents so much when told about their weakness and how to improve. I am not the one disagreeing everything some others write even it is stick to topic, really explaining their own strategies evolved from original TMS.
  • #115,428
  • Edited 7:53pm Jan 21, 2021 7:37pm | Edited 7:53pm
Quoting tommydoginti
{quote} I see fungus on everywhere... Bullying each other meaninglessly with words (taking forums so seriously) showing off successful trades without explanation (that is trading journal) These people must hate their parents so much when told about their weakness and how to improve. I am not the one disagreeing everything some others write even it is stick to topic, really explaining their own strategies evolved from original TMS.
@tommydoginti -- yes, you are correct. And, you know what? You were doing *exactly* the same thing. That was my point. Either become part of the fungus or become part of the solution. But you don't get to play both sides -- you don't get to smear someone without the risk of getting smeared yourself. Do you know what I mean?

@tommydoginti -- as an FYI -- if you are going to smear someone then have the courage to do it to their face -- not behind their back. You smeared @hasib, but from a safe distance by responding to @emmanuel7788. By responding to @emmanuel7788 then @hasib doesn't receive a notification that someone responded to his post. And in that way you can say bad things about someone without giving them a chance to defend themselves or say bad things about you. That's how the cowards do it here.
  • #115,429
  • Jan 21, 2021 7:56pm Jan 21, 2021 7:56pm
Quoting robots4me
{quote} @tommydoginti -- yes, you are correct. And, you know what? You were doing *exactly* the same thing. That was my point. Either become part of the fungus or become part of the solution. But you don't get to play both sides -- you don't get to smear someone without the risk of getting smeared yourself. Do you know what I mean? @tommydoginti -- as an FYI -- if you are going to smear someone then have the courage to do it to their face -- not behind their back. You smeared @hasib, but from a safe distance by responding to @emmanuel7788.

No I tried not to smear someone, but I admit the very last one was going down that path. Read carefully my post to Hasib and others, esp Hasib.

we bumped into each other in another thread about optimization. I gave my experience on that. Seeing him failing a demo account, and he wrote he had a problem opening too many trades against strategy in a losing streak. Some people in and outside of this thread told him to be consistent. He broke down at some point in this thread when told to stick to one strategy. Then he called people stupid. I think that was the point of change of my attitude towards him.

Yes I may eventually doing the exact same thing others are doing, you too right? We are all guity here
  • #115,430
  • Jan 21, 2021 8:07pm Jan 21, 2021 8:07pm
Quoting tommydoginti
{quote} No I tried not to smear someone, but I admit the very last one was going down that path. Read carefully my post to Hasib and others, esp Hasib. we bumped into each other in another thread about optimization. I gave my experience on that. Seeing him failing a demo account, and he wrote he had a problem opening too many trades against strategy in a losing streak. Some people in and outside of this thread told him to be consistent. He broke down at some point in this thread when told to stick to one strategy. Then he called people stupid. I...
"Yes I may eventually doing the exact same thing others are doing, you too right? We are all guity here"

@tommydoginti -- yes, absolutely correct. And none of us are perfect. I have my reasons here, and you've probably read enough to understand where I'm coming from. I rarely start something -- but when someone calls me a Nazi, then that's a signal that all pretexts of civility can be set aside. I have nothing but disdain for @DrDick and @Tekkies.

@tommydoginti -- you have a history with @hasib -- okay fine. But there is no need to carry that baggage here -- we have enough other disruptions. You had offered @hasib advice and he chose not to take it -- so what... Who gave you authority over how he trades? It's fine to offer advice -- sometimes it goes over well and sometimes not so well. Welcome to the real world. I understand your intentions are good and that's why I am asking politely to please not contribute to the fungus here.
  • #115,431
  • Jan 21, 2021 8:12pm Jan 21, 2021 8:12pm
By the way, if posters here insist that trades and analysis here should stick to TMS, then should voice out when people post random charts, based on the posts, not who post them. This is fairness.

And market has no right or wrong, but if someone wants to claim others WRONG, or self being RIGHT, that is a comparison and competition. In my posts I only said what can be done better, and facts based on confessions and numbers. Thus a TE. Tekkis may not be profitable till now, but I appreciate the gut of posting a current TE, and accept to be commented. TE from back in 2018 doesnt count, my TE doesnt count because I switched strategy to live and now it is inactive until next test comes.
  • #115,432
  • Jan 21, 2021 8:15pm Jan 21, 2021 8:15pm
Quoting robots4me
{quote} "Yes I may eventually doing the exact same thing others are doing, you too right? We are all guity here" @tommydoginti -- yes, absolutely correct. And none of us are perfect. I have my reasons here, and you've probably read enough to understand where I'm coming from. I rarely start something -- but when someone calls me a Nazi, then that's a signal that all pretexts of civility can be set aside. I have nothing but disdain for @DrDick and @Tekkies. @tommydoginti -- you have a history with @hasib -- okay fine. But there is no need to carry...
then don start this discussion with me. You can forget my posts and focus on those u want to see and reply its a forum and a good place to learn filtering noise from true information
  • #115,433
  • Jan 21, 2021 8:30pm Jan 21, 2021 8:30pm
Quoting tommydoginti
By the way, if posters here insist that trades and analysis here should stick to TMS, then should voice out when people post random charts, based on the posts, not who post them. This is fairness. And market has no right or wrong, but if someone wants to claim others WRONG, or self being RIGHT, that is a comparison and competition. In my posts I only said what can be done better, and facts based on confessions and numbers. Thus a TE. Tekkis may not be profitable till now, but I appreciate the gut of posting a current TE, and accept to be commented....
@tommydoginti -- some of what you say I agree with, and some not.

Yes -- this thread should stick with TMS. However, the OP is no longer with us and there is some controversy as to what constitutes TMS and what doesn't. There is no policeman here to direct traffic. What may seem random to you may not seem random to someone else -- we have different brains and perspectives. Sometimes the random posts are innocent. For example, are we currently discussing TMS? No. But is our exchange relevant to this thread or FF in general? I'd say, yes. Sometimes random posts are not innocent -- e.g. when @DrDick promotes his IMT Academy thread.

You say that your posts only state what can be done better -- that is *your* opinion. You are not judge and jury. Just because you say it doesn't make it law.

Regarding TE's -- in my opinion, irrelevant and prove nothing. @Tekkies has been posting here for over 5 years and claims to be THE expert. She doesn't just "share", she lectures. There is a difference between sharing and lecturing. She put herself in a corner and was forced to provide some proof -- that's not guts, that's stupid. There is a difference.

@tommydoginti -- I think we understand one another and are on the same page -- so let's leave it there. I am going to continue my exchanges with @DrDick and @Tekkies -- that is not going to change. And I've been upfront with @emmanuel7788 and the moment he asks me to back off then I'm done. But you don't have to follow in my or @DrDick's or @Tekkies footsteps. You are an experienced trader. Be one of the good guys. Feel good about yourself for making positive contributions. Show some passion and enjoyment for forex and trading. Have a blast like @emmanuel7788 does...
  • #115,434
  • Jan 21, 2021 8:55pm Jan 21, 2021 8:55pm
Quoting robots4me
{quote} @tommydoginti -- some of what you say I agree with, and some not. Yes -- this thread should stick with TMS. However, the OP is no longer with us and there is some controversy as to what constitutes TMS and what doesn't. There is no policeman here to direct traffic. What may seem random to you may not seem random to someone else -- we have different brains and perspectives. Sometimes the random posts are innocent. For example, are we currently discussing TMS? No. But is our exchange relevant to this thread or FF in general? I'd say, yes....
yes you can go ahead to interact with some people u like. Same for me.

What seems to you in my posts are not the same as in others’ mind. You can treat them as random posts. Same I never respond to you unless u cite me directly
  • #115,435
  • Jan 21, 2021 9:33pm Jan 21, 2021 9:33pm
Quoting tommydoginti
{quote} yes you can go ahead to interact with some people u like. Same for me. What seems to you in my posts are not the same as in others’ mind. You can treat them as random posts. Same I never respond to you unless u cite me directly
"What seems to you in my posts are not the same as in others’ mind."

@tommydoginti -- just so I am clear, are you now claiming you can read minds?

@tommydoginti -- I suggested we let things lie. Why not just let things lie...
  • #115,436
  • Jan 21, 2021 10:30pm Jan 21, 2021 10:30pm
Quoting tommydoginti
{quote} yes you can go ahead to interact with some people u like. Same for me. What seems to you in my posts are not the same as in others’ mind. You can treat them as random posts. Same I never respond to you unless u cite me directly
It looks like you have painted a bull's eye on your back, Tommy, for staying true to yourself.
  • #115,437
  • Jan 21, 2021 11:36pm Jan 21, 2021 11:36pm
Quoting Tekkies
{quote} It looks like you have painted a bull's eye on your back, Tommy, for staying true to yourself.
I am fine with that. Forum doesnt hurt a person.

@Robots4me, please substitute the word "others'" to "my". And I agree with you, "What may seem random to you may not seem random to someone else" . Thanks.
  • #115,438
  • Jan 21, 2021 11:44pm Jan 21, 2021 11:44pm
When she stop acting as an expert. She has no consistency, what she will teach new trader. Don't take Tekkies as your teacher you have much better teacher in ff.
MA provides the market's current direction and strength.
  • #115,439
  • Jan 22, 2021 12:02am Jan 22, 2021 12:02am
Quoting Tekkies
{quote} It looks like you have painted a bull's eye on your back, Tommy, for staying true to yourself.
Nevermind. I do have some insight and question to really consult fellow FF members.

1. Last month the market did favor some steategies heavily. Steady trends, textbook pullback and S/R reactions. I switched my strategy from my Demo TE to Live, the gain and win rate was unreal in past month. By statistics it is an outlying period. Happy? Yes. Think of being very expert and good? No. Emm also mentioned having 10%DD in streaks, so consistency and discipline is gold. More importantly, trust the strategy and analysis done.

Good luck everyone

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2. @robots4me if u like to go on discussion I would like to change to a constructive topic and update you with my trade plan previously. Last time I asked about how to manage my finance as suggested by you.

For practice I didnt change risk size, etc since June 2020. I have one strategy, one pair only. As of 1, I am implementing the 2nd pair, 2nd strategy to live for a month. Capital allocation is about 4:1 (main:new)
With a good year of 2020 for medical tech (my job), I will have bonus in March and planning to put into my accounts, the total capital is 2.5x by then. My initial plan is to first put all in my main acc, and risk size increases to 1.2x. The new strategy stay this size for another 6months.
do u think it is good in your opinion? What would be your plan if you were me? Any opinions are welcome
  • #115,440
  • Edited 1:04am Jan 22, 2021 12:43am | Edited 1:04am
Quoting tommydoginti
{quote} Nevermind. I do have some insight and question to really consult fellow FF members. 1. Last month the market did favor some steategies heavily. Steady trends, textbook pullback and S/R reactions. I switched my strategy from my Demo TE to Live, the gain and win rate was unreal in past month. By statistics it is an outlying period. Happy? Yes. Think of being very expert and good? No. Emm also mentioned having 10%DD in streaks, so consistency and discipline is gold. More importantly, trust the strategy and analysis done. Good luck everyone...
@tommydoginti -- just a few posts ago you complained about random posts that had nothing to do with TMS -- correct me if I'm wrong. And now you post irrelevant information, whose only purpose is to tell us more about yourself. There is a word for that -- hypocrite...

@tommydoginti -- I never requested to discuss anything with you, so please don't use me as an excuse. If you want to change the title of this thread to "@tommydoginti -- and why I am so wonderful" then go ahead and pretend, but most readers still prefer "Trading Made Simple".

@tommydoginti -- this thread is not about you. We are not gathered here to be your personal consultant. The way it is suppose to work -- when there is no fungus -- is one of two ways:

1. Listen and learn. You then apply what you've learned to become a better trader.
2. Share your ideas and expertise to help others become better traders.

@tommydoginti -- your post does neither. All we learned is that you are a med tech and expect a nice bonus in March. As for how that relates to TMS, I don't have the slightest clue.

@tommydoginti -- yep, just another pompous ass. Complains about the irrelevant posts, then a couple hours later leads the charge with an irrelevant post. Seriously, where do you guys come from?

@tommydoginti -- when I ask "where do you guys come from?" it is a rhetorical question. I don't expect or need an answer because I don't really care where you come from. Do you know what I mean?
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