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Trading Made Simple

  • #116,381
  • Jan 31, 2021 11:16pm Jan 31, 2021 11:16pm
Quoting jmn5611
{quote} This is very important Tekkies, BigE is telling us right here that he can trade naked. He is ultimately a price action trader. Traders fail at this method because they cannot use the tools.
BigE's TMS and related posts: #116,224

BigE likely could to that. Just that in this TMS thread, the ground of trading naked charts is recognizing TDI entry signals to a point that one can roughly "see" when it is happening on the charts.

#11: look at the TDI moves and how it looks on PA so every time you see that same set up you will know your odds for success are high.
Also, #4810 and #7088, which is after that "naked chart trading" post, BigE mentioned TDI green cross red as the start. Actual PA evaluation is optional and comes after TDI crosses.

By the way, there is little point arguing the 5EMA. 1. #704 mentioned the HA candle being #1/2 more preferred than looking at cross of 5EMA. 2) There is no actual rules of TMS concerning 5EMA. This is also reflected in BigE's replies to other FF members.

But I agree with you. We should be helping long-term failed trader to get back to the right track on TMS. He doesn't understand nor able to use the tools of TMS correctly.
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  • #116,382
  • Feb 1, 2021 12:26am Feb 1, 2021 12:26am
Quoting jmn5611
{quote} This is very important Tekkies, BigE is telling us right here that he can trade naked. He is ultimately a price action trader. Traders fail at this method because they cannot use the tools.
I see.
First he is a ultimate price action trader and members fail to use the tools.
Which Price Action

Which tools will that be?
Price Action only or only the tools in Post#25 or a combination of both as used in post#647?

Noticeable Jmn, you and Emmanuel use one post in this thread (Post#2617) to convince reader's you are right and fail to explain:
"The key to this method is the Traders Dynamic Index indicator for entries and exits."
"The TDI is the heart of our method."
"I just glance at the TDI for set ups when the new candle opens"
And all the other post's that use >TDI green cross red< as base to enter a possible trade.
------
Yes, he did posted that he can trade the chart with out indicators.
Why only mention it once in one post and not with the same regularity that he used "green cross red".

Without TDI and Stoch there is no Trading Made Simple the way BigE posted in this thread.
  • #116,383
  • Edited 1:05am Feb 1, 2021 12:30am | Edited 1:05am
Quoting tommydoginti
{quote} BigE's TMS and related posts: #116,224 BigE likely could to that. Just that in this TMS thread, the ground of trading naked charts is recognizing TDI entry signals to a point that one can roughly "see" when it is happening on the charts. #11: look at the TDI moves and how it looks on PA so every time you see that same set up you will know your odds for success are high. Also, #4810 and #7088, which is after that "naked chart trading" post, BigE mentioned TDI green...

"BigE likely could to that. Just that in this TMS thread, the ground of trading naked charts is recognizing TDI entry signals to a point that one can roughly "see" when it is happening on the charts."

@tommy -- you're serious, right?

@tommy -- are you saying you believe the way BigE traded is he used his imagination to draw TDI lines on the chart, and his imagination then showed him green-red crossings?

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Compliments @failinforex (https://www.forexfactory.com/thread/...3#post13386143)

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  • #116,384
  • Feb 1, 2021 1:06am Feb 1, 2021 1:06am
Quoting tommydoginti
{quote} BigE's TMS and related posts: #116,224 BigE likely could to that. Just that in this TMS thread, the ground of trading naked charts is recognizing TDI entry signals to a point that one can roughly "see" when it is happening on the charts. #11: look at the TDI moves and how it looks on PA so every time you see that same set up you will know your odds for success are high. Also, #4810 and #7088, which is after that "naked chart trading" post, BigE mentioned TDI green...
You have this precisely backward. BigE was in poor health. He needed a way to wake up without needing to turn his brain completely on so he could look at charts fast. He found a way to do that. He can trade PA, but analyzing candlesticks half awake will cause mistakes. A quick review of his posts will reveal that he cut his teeth on the stochastics, then he added price strength, astute in my opinion. Stoch will oscillate in a two pip range, but the TDI will tell you if there is any there there. Then he added the 5ema of the typical price. If everything lines up, it is hard to get shaken out. The rules you are missing are not there because he expects a baseline knowledge of FX and PA. He tells you to go to babypips if you cannot read a price chart.
Another big thread here again is Davit. He is stringent and will ban you if you ask a question that indicates that you do not understand essential PA. People who do not understand PA average down rather than scale in. There is an enormous difference between the two. But that is another topic for another day.

Quoting Tekkies
{quote} I see. First he is a ultimate price action trader and members fail to use the tools. Which Price Action Which tools will that be? Price Action only or only the tools in Post#25 or a combination of both as used in post#647? Noticeable Jmn, you and Emmanuel use one post in this thread (Post#2617) to convince reader's you are right and fail to explain: "The key to this method is the Traders Dynamic Index indicator for entries and exits." "The TDI is the heart of our method." "I just glance at the TDI for set ups when the new candle opens" And...
He called it Trading Made Simple because he understood, and even said, that he did the work so that others would not have to. He knew that most traders have neither the will nor the aptitude to become a PA trader. Reading price bar by bar is based on experience and will not come overnight.

Big E built a system to shorten the learning curve. That is why he says, just follow the system as laid out. But he also expected the trader to be smart enough to not buy at the top of a range and vice versa. Don't trade in a tight range during the Asian session, basic things like that. Look at where you are, find S/R, consider the context.
If you are good at something, never do it for free--Joker
  • #116,385
  • Feb 1, 2021 1:39am Feb 1, 2021 1:39am
Quoting jmn5611
{quote} You have this precisely backward. BigE was in poor health. He needed a way to wake up without needing to turn his brain completely on so he could look at charts fast. He found a way to do that. He can trade PA, but analyzing candlesticks half awake will cause mistakes. A quick review of his posts will reveal that he cut his teeth on the stochastics, then he added price strength, astute in my opinion. Stoch will oscillate in a two pip range, but the TDI will tell you if there is any there there. Then he added the 5ema of the typical price....
True. Then BigE had a very good intention to convert his intuition into a more mechanical system for others to follow and pick up. This thread is about this TMS system that primarily uses TDI RSIMA
, there are some threads here discuss naked chart trading. Trades of various styles and experience level can find threads suitable for them.

And I agree with you, people who do not understand PA average down, esp when buying at tops and selling at dips.
  • #116,386
  • Feb 1, 2021 2:24am Feb 1, 2021 2:24am
Quoting jmn5611
{quote} You have this precisely backward. BigE was in poor health. He needed a way to wake up without needing to turn his brain completely on so he could look at charts fast. He found a way to do that. He can trade PA, but analyzing candlesticks half awake will cause mistakes. A quick review of his posts will reveal that he cut his teeth on the stochastics, then he added price strength, astute in my opinion. Stoch will oscillate in a two pip range, but the TDI will tell you if there is any there there. Then he added the 5ema of the typical price....
Why do you say Tommy has it backwards? Is it possible that you may have it backwards?
What about the two of you both got it backwards or both of you two has nailed it spot on.
We, that did not traded with BigE (.... in the same room/house/telephone..... add your own) can only make assumptions regarding why he posted what he has posted.
---
When and why did he added TDI to his charts. (Post#1 does not say much about that)
(As you have stated "ultimate price action trader" don't need indicators, yet he started a thread that use TDI as the backbone of his method.)
Before or after he cut his teeth on PA?
Post 115,906
Observe the TDI for bias <> study old charts for set ups
PA contributing to TDI cross <> Burn it into your memory..
By then you can switch to Naked Chart <> Taking clean trades is a breeze for me
> By then <> I spent 2 years doing that

babypips if you cannot read a price chart
No Jmn, Babypips is not only about how to read a price chart.
BigE refer members to babypips because it "covers indicators, strategies, the language and a host of other vital information" that a trader will need to understand his posts.

Jmn, there are gaps in your post that you need to explain.
What do you see as "essential PA" is not what a other trader see as "essential PA".
Yes, you will agree on some point's and try to convince the other side he is wrong about some of his points.
  • #116,387
  • Feb 1, 2021 3:15am Feb 1, 2021 3:15am
Quoting Tekkies
Yes, you will agree on some point's and try to convince the other side he is wrong about some of his points.
You are mistaken here Tekkies. It is not my job to convince any trader that they do not know what they do not know. My job is is simply to point in a direction that they may find fruitful when they are ready to walk the path.

Big E had the same mission, and ten posts into that mission, people were already trying to add ingredients into an already prepared meal. It is the nature of humans.
We all, depending on our need for validation, try to reinvent the wheel. We all think we are just a little bit smarter than the others. It takes time to realize that we do what the markets tells us to do, we are slaves to volatility and direction. Stoch, if read properly, give us direction, and the TDI gives us volatility. Together, this gives an entry, as well as probability of success. You overthink it Tekkies.
If you are good at something, never do it for free--Joker
  • #116,388
  • Feb 1, 2021 3:57am Feb 1, 2021 3:57am
Why all of the controversy and arguing over EMA or SMA or some other averaging method??

Did any of the "complainers" bother to do a comparative study to see if one method give better results than another?? I'd wager the answer is a big NO! Of course not. I already know the answer.

Rather than actually DOING SOME WORK, most people just take the spoonful of information from someone else and swallow it, with no idea whether it is good or bad. Ever heard of the King's food tasters? Maybe you should think about that before you swallow the next mouthful that you are being spoonfed.

Also, the EMA5 shift(n) is not some special magical direction indicator: I already have another indicator that does NOT rely on price versus the line, but yet shows me more than 95% time the same direction that when my condition is met, the price is on the side of the ema5 that agrees for direction.
To free Gazans of Hamas, use whatever it takes.
  • #116,389
  • Feb 1, 2021 4:12am Feb 1, 2021 4:12am
And when will the ToxicFakeTrader get off of his high-horse about mistakes when he can't even spot the mistake in this posting of his?!


Quoting emmanuel7788 aka ToxicFakeTrade
TMS_V19 Q&As
TMS_V19 setting for HA Candlestick Trailing Stop
- trailing is previous 2 HA candles high
- minimum profit is 2 pips
- these settings will activate when price move +20pips
To free Gazans of Hamas, use whatever it takes.
  • #116,390
  • Feb 1, 2021 4:28am Feb 1, 2021 4:28am
Or how about fixing mistakes like these??

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Because from this recent batch of mistakes, it looks like he has a lot of mistakes still to be found and fixed.

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To free Gazans of Hamas, use whatever it takes.
  • #116,391
  • Edited 5:14am Feb 1, 2021 4:29am | Edited 5:14am
Quoting robots4me
{quote}Compliments @failinforex (https://www.forexfactory.com/thread/...3#post13386143) https://youtu.be/dJhvjaTIQ28
Damn you are really into those WikiHows and Youtube Guides.
I guess the learning never ends!
What a time to be alive,stroke your keys on the keyboard and get to the point,I wish that was possible for trading..maybe it is,just have to research a bit deeper :-)

Quoting DrDave
Or how about fixing mistakes like these??
That looks like it is just some hot whack,so many positions trying to average or whatever,one breakout to the opposite side and farewell.
That is hope trading on stimulus,the price can't pass X or Y,it should reverse etc.The price can do whatever the hell it wants.

Quoting jmn5611
{quote} Don't trade in a tight range during the Asian session, basic things like that. Look at where you are, find S/R, consider the context.
I don't think he actually said that,he probably only stated that he trades the opening of the london session,and scalp a bit on the NY.
Correct me if I am wrong,I went through like first 100 pages only,a long time ago.
Because I don't think such an expert would state such thing,you can trade the HK50,Nikkei,Gold,Silver etc on the Asian session,there are breakouts and enough volatility.
Even some of the currency pairs! AUDJPY for example.
Below are his posts,he does not clearly point out to never trade the Asian session,in fact he pays attention to happened there and then he gets an Idea to do what to do next on his preferred time to trade.Well maybe because he was a real trader afterall,and not biased against stuff like many are.

Quoting robots4me
{quote} @PixelSniper -- interesting. You are "street-wise"
Well,that is an honour..
It is about the cultivation rather than the current situation.
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  • #116,392
  • Feb 1, 2021 5:12am Feb 1, 2021 5:12am
After all those Blessing3 entries and empty charts with wild predictions....

Let's bring back BigE's original TMS. EJ H4.
TDI 68 short entry (#4742).
Coupled with QM, SLTP swing high and low respectively. (#495)
1H bounce signal, suggesting the price may go further down. If trading manually, probably SL to BE and hold on for longer.

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After all it is a thread about TMS. It can be complete crap, but let the readers and learners test it themselves, and people with new ideas can open a new thread to discuss another trading system.
  • #116,393
  • Feb 1, 2021 5:17am Feb 1, 2021 5:17am
Quoting tommydoginti
After all it is a thread about TMS. It can be complete crap, but let the readers and learners test it themselves, and people with new ideas can open a new thread to discuss another trading system.
It is not going to happen,unless Emmanuel suddenly creates his own Holy Grail and decides it deserves a clean thread with a dope ass TE on.
Also add the the images of pool decks and McLarens to that,old man on the verge.
  • #116,394
  • Feb 1, 2021 5:32am Feb 1, 2021 5:32am
Quoting PixelSniper
{quote} It is not going to happen,unless Emmanuel suddenly creates his own Holy Grail and decides it deserves a clean thread with a dope ass TE on. Also add the the images of pool decks and McLarens to that,old man on the verge.
No worries. I will routinely update with new posts like #116,242. Summarize BigE's TMS system, and link all relevant charts and posts back and forth those anchor posts. (Sad I cannot go back to #116242 and keep adding content as of FF system restriction). Readers can use the post links to jump between posts with actual information. I am learning via taking notes and practicing, and might as well leave these materials behind in this thread for others to pick up.

In between will also post charts, analysis. You and others can feel free to share yours too.

Emmanuel and his pets can go on. Their charts can be a good lesson and comparison to the TMS. You can't stop people from lying, wasting their time writing meaningless things, but we can take what is useful for us, identify fake information and filter the noise. Even charts of bad trades can speed up learning (BigE #1258), though they won't be linked in the updates.
  • #116,395
  • Feb 1, 2021 5:38am Feb 1, 2021 5:38am
EU Feb 01 H4

-
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #116,396
  • Feb 1, 2021 5:39am Feb 1, 2021 5:39am
Quoting Tekkies
{quote} Why do you say Tommy has it backwards? Is it possible that you may have it backwards? What about the two of you both got it backwards or both of you two has nailed it spot on. We, that did not traded with BigE (.... in the same room/house/telephone..... add your own) can only make assumptions regarding why he posted what he has posted. --- When and why did he added TDI to his charts. (Post#1 does not say much about that) (As you have stated "ultimate price action trader" don't need indicators, yet he started a thread that use TDI as the...

Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #116,397
  • Feb 1, 2021 5:40am Feb 1, 2021 5:40am
Quoting Tekkies
{quote} I see. First he is a ultimate price action trader and members fail to use the tools. Which Price Action Which tools will that be? Price Action only or only the tools in Post#25 or a combination of both as used in post#647? Noticeable Jmn, you and Emmanuel use one post in this thread (Post#2617) to convince reader's you are right and fail to explain: "The key to this method is the Traders Dynamic Index indicator for entries and exits." "The TDI is the heart of our method." "I just glance at the TDI for set ups when the new candle opens" And...

Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #116,398
  • Feb 1, 2021 5:42am Feb 1, 2021 5:42am
Quoting tommydoginti
After all those Blessing3 entries and empty charts with wild predictions.... Let's bring back BigE's original TMS. EJ H4. TDI 68 short entry (#4742). Coupled with QM, SLTP swing high and low respectively. (#495) 1H bounce signal, suggesting the price may go further down. If trading manually, probably SL to BE and hold on for longer. {image}{image} After all it is a thread about TMS. It can be complete crap, but let the readers and learners test it themselves, and people with new ideas can open a new thread to discuss another trading system.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #116,399
  • Feb 1, 2021 5:42am Feb 1, 2021 5:42am
Quoting tommydoginti
{quote} No worries. I will routinely update with new posts like #116,242. Summarize BigE's TMS system, and link all relevant charts and posts back and forth those anchor posts. (Sad I cannot go back to #116242 and keep adding content as of FF system restriction). Readers can use the post links to jump between posts with actual information. I am learning via taking notes and practicing, and might as well leave these materials behind in this thread for others to pick up. In between will also post charts, analysis. You and others can feel free to share...


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #116,400
  • Feb 1, 2021 5:43am Feb 1, 2021 5:43am
Quoting Tekkies
{quote} Why the heck does member's use this "language issue" to prove a point. No language issue, Jmn In this thread BigE used Stoch ONLY to confirm direction. Again Jmn, refer reader's to a BigE post in this thread that will confirm what you have posted.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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