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Monitor for 'Trading Made Simple' system 565 replies

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Trading Made Simple

  • #117,041
  • Feb 16, 2021 6:29pm Feb 16, 2021 6:29pm
Quoting Celal
{quote} Hi amiralifx, These indicators will help you, you can use normal stochastic. {file} {file} {file}
thanks alot

  • #117,042
  • Feb 16, 2021 9:11pm Feb 16, 2021 9:11pm
Quoting emmanuel7788
Hey Folks EURAUD Feb17 H4 with Daily view - here is an example why the OP Big E would trade his 10PM and 2AM HA candles and Exit at 6AM - Daily PA is still below its 5EMA - now we wait and see if the Daily will have a True REVERSAl candle setup (Post#261), this would be the possible turn up using the Daily PA. - if no Daily turn UP, then the Weekly Trend 2/8 still dominant.... Trading Made Simple. {image} you folks have to learn to trade an master TMS 5-Method and stop losing money.

EURAUD Feb17 H4

- in 51 mins when this H4 bar/candle closes, you will make your decision to sell or stand aside and wait another 4 hours.

- you have a trade window between 30 and 120 minutes...

Attached Image (click to enlarge)
Click to Enlarge Name: EA Feb17 H4 in 51mins close 17-2-2021 1-08-44 pm.png Size: 80 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #117,043
  • Feb 16, 2021 10:08pm Feb 16, 2021 10:08pm
Quoting emmanuel7788
{quote} EURAUD Feb17 H4 - in 51 mins when this H4 bar/candle closes, you will make your decision to sell or stand aside and wait another 4 hours. - you have a trade window between 30 and 120 minutes... {image}
TMS Monitor Feb17 H4 1AM EST

EURAUD H4 Feb17 1AM EST 10PM PDT

- is this alert good enough for you to decide a sell trade?

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Feb17 H4 1AM EST 17-2-2021 2-06-39 pm.png Size: 37 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EA Feb17 H41AM EST 10PM PDT 17-2-2021 2-04-24 pm.png Size: 80 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #117,044
  • Feb 16, 2021 10:18pm Feb 16, 2021 10:18pm
Does anyone know by what logic these were added?
Attached Image
success comes from finding win-win solutions
  • #117,045
  • Feb 16, 2021 10:27pm Feb 16, 2021 10:27pm
Quoting info4saeed
Does anyone know by what logic these were added? {image}
It's usually from a partial close.
The from, is from the original trade.
The to is the new number for the remaining trade.

Hope that helps..
  • #117,046
  • Feb 16, 2021 10:53pm Feb 16, 2021 10:53pm
Quoting fullaforex
{quote} It's usually from a partial close. The from, is from the original trade. The to is the new number for the remaining trade. Hope that helps..
Yes, but they are both the same
Attached Image
success comes from finding win-win solutions
  • #117,047
  • Feb 16, 2021 10:54pm Feb 16, 2021 10:54pm
Summary of TMS indicators and rules #116,780
Examples of recent trades #116,757, #116940
Some legacy training charts from BigE (@eelfranz) #10736

Can't believe the strategy at #116764 actually works pretty well...

Jokes aside. First day working after Chinese New Year.
When someone was fired up with GU Sell, price retested trendline and support level. M15 showed TDI buy cross at HA candle change #1. Enter Buy. Closed with profit at 1R before lunch.

Wait for price to get close to a level again to evaluate bias.

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Click to Enlarge Name: fd03fc1008a42c44fe773ec7a3fee499.png Size: 255 KB

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  • #117,048
  • Feb 16, 2021 11:08pm Feb 16, 2021 11:08pm
Quoting tommydoginti
Summary of TMS indicators and rules #116,780 Examples of recent trades #116,757, #116940 Some legacy training charts from BigE (@eelfranz) #10736 Can't believe the strategy at #116764 actually works pretty well... Jokes aside. First day working after...
Tommy,
it was a nice hunt!
I was looking too on 15M chart and find that this system works even better on smaller TFs, but the main problem is that u have to watch charts all day long. Don't have a lot of free time to do that.
Multiple Position Trader
  • #117,049
  • Feb 16, 2021 11:10pm Feb 16, 2021 11:10pm
Quoting info4saeed
{quote} Yes, but they are both the same {image}
If the original trade was 0.02 lots and you closed 50%(0.01lots), then you closed .01 "from" the original trade and .01 went "to" the remaining(new) trade.
  • #117,050
  • Feb 16, 2021 11:41pm Feb 16, 2021 11:41pm
Quoting Lenart80
{quote} 0.10 was the first sell and it was with MM cause I dont use SL. On both positions I put just TP which is at 1.3525. And both positions were opened at resistance, but when the price was at 1.3560 I wasnt online and didnt close it manualy. That was my mistake. Dont worry I will come out of this and will start to use this new metod. By.
Hi Lenart,

Just finished CNY vacation and catching up with work today. I would suggest you first read post #116224. As you have already gone through the first 500 pages or so with the late OP BigE hosting the thread...

A few points to be noted.
1) BigE's TMS strategy is more emphasized on entry and increasing odds of price going in direction of the trade entries, #1 and #495 for example. >50% (>65%) is the essence and what the posters in the first 500-600 pages were trying to illustrate. Hence those training charts with common annotations
2) The TMS does not involve position building, averaging up/down. The goal of TMS strategy is to exit with profit or cut loss/exit with smaller profit if price goes against. BigE's trades were all closed by the end of the day, with at most 2 positions.

If you are interested in averaging down strategies, I suggest you to visit threads that specifically talks about averaging down. There are some pretty stable averaging down strategies here on FF.

The discussion of EAs and non-TMS strategies are ethically not supposed to be discussed here. Plus this adds confusion to readers visiting this thread (Simply read posts after BigE's last post)

A lot of similar charts were posted here to show off P/L just like #115,959. There are also a few red flags that the poster himself admitted and can be verified.

1) Those trades were executed by Blessing3 auto trade EA. It uses different entry indications than TMS's TDI. Simply fact check the first entries of each baskets with a chart loaded with TDI. Also, the poster of those charts cannot show any valid TMS entries, charts with trades were already having a bunch of grid trades open. (Also admitted is the EA placing trades)

2) As per BigE, TMS has a 65%+ chance for a price to close with profit instead of in DD (or #495, hitting SL). In the chart of #115959 and many others, the "win rate" for the first entries of each basket is maintained at ~35% for years. Averaging down is already against the principle of TMS. By the way, the "win rate" for all trades is about 60%, which is pretty low for an averaging down strategy, The DOS is much better (~85%)

3) This strategy is constantly trading with <1 R:R. To fact check, simply look at #115959 and find the Buy basket that started from Dec 22 to Jan 4. You can model the DD period of your account by inputing the lot sizes you would trade and the DD of ~480pip for first trade. That is the DD you need to be prepared to endure should you want to follow a so-called TMS "Position Building" approach.

4) Although these posts and discussions should not show up in this thread, the actual performance of the approach is unknown and pessimistic. We can know from past posts that at least 5 pairs are traded with this method. Now, back in Jan, there are only 2 pairs worth showing off the P/L, with USD600 for a pretty 3 lot in total. I reviewed some P/L show-off in previous months and years, similar. The other pairs are missing, the total QE is missing (needed if want to talk people into trading this method). A person desperate to tease off less profitable traders, wouldn't hold back to those numbers? If it was me, I would post my P/L in the beginning of every posts.

Finally, this fight started by me revealing Emmanuel7788 pretending his trades as TMS trades. Sometimes he makes good points on the general market analysis, but spamming too much non-relevant information in this thread. The first 500 pages were the essence and all is needed to start your TMS journey.

Good luck Lenart and others!
  • #117,051
  • Feb 16, 2021 11:49pm Feb 16, 2021 11:49pm
Quoting Lenart80
{quote} Tommy, it was a nice hunt! I was looking too on 15M chart and find that this system works even better on smaller TFs, but the main problem is that u have to watch charts all day long. Don't have a lot of free time to do that.
Thanks.

It is just I have more time to check the charts
TMS has no restrictions on the timeframes to trade. It also works pretty well on H4 as the most preferred time frame. If you have no time to check the chart, maybe H4 suits you better.

My primary time frame is H1. Go up to H4 or higher for price structures, and go down for entries if set up is suboptimal but there on H1.
Another habit I have is setting alerts at price structures (S/L, Trendlines, TDI level, etc). After looking at HTF, I would anticipate an opportunity at e.g. TDI cross back after a divergence. Alert goes off when that event happens, then I would check charts and evaluate whether I should enter or not.

Hope it helps!
  • #117,052
  • Feb 17, 2021 12:38am Feb 17, 2021 12:38am
Quoting tommydoginti
Summary of TMS indicators and rules #116,780 Examples of recent trades #116,757, #116940 Some legacy training charts from BigE (@eelfranz) #10736 Can't believe the strategy at #116764 actually works pretty well... Jokes aside. First day working after...
AU M15 entered a buy and closed at BE. Entry at M15 because was also looking at GU at same time frame.

TDI Buy bounce. Double tapped trend channel after TDI buy cross. Price going sideway so closed at 3pip profit (Just say BE lol) as no time to check price in next few hours

As I am taking screen shot, price is going up LOL...
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Click to Enlarge Name: 52cea16956dd887e57bec865851bf191.png Size: 118 KB
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  • #117,053
  • Feb 17, 2021 12:48am Feb 17, 2021 12:48am
Quoting emmanuel7788
{quote} TMS Monitor Feb17 H4 1AM EST EURAUD H4 Feb17 1AM EST 10PM PDT - is this alert good enough for you to decide a sell trade? {image} {image}
Attached Image (click to enlarge)
Click to Enlarge Name: EA Feb17 H41AM EST 10PM PDT 17-2-2021 2-04-24 pm.png Size: 80 KB



EURAUD Feb17 H4 setup

Did you missed the all RED in TMS_V19 Information panel?

Attached Image (click to enlarge)
Click to Enlarge Name: EA Feb17 H4 all red 15mins 17-2-2021 2-15-49 pm.png Size: 79 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #117,054
  • Feb 17, 2021 1:02am Feb 17, 2021 1:02am
Quoting emmanuel7788
{quote} BTCUSD Feb16 Tokyo 2PM update: - getting very close to that $50,000. - maybe another H4 candle will do that ... - the potential correction to 46,500 still very likely {image} {image}
Attached Image (click to enlarge)
Click to Enlarge Name: BTCUSD Feb16 Tokyo 2PM 16-2-2021 1-05-18 pm.png Size: 30 KB


BTCUSD Feb17 UPDATE London session

- Most Asian market were down this morning but BTCUSD rally ... new high made.

- nice profits for my investment accounts

Attached Image (click to enlarge)
Click to Enlarge Name: BTCUSD Feb17 Daily 17-2-2021 4-57-20 pm.png Size: 35 KB


TMS H4 chart

- H4 breaks the $50,000 level

Attached Image (click to enlarge)
Click to Enlarge Name: BTCUSD Feb17 H4 TMS chart 17-2-2021 4-56-51 pm.png Size: 58 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #117,055
  • Feb 17, 2021 1:35am Feb 17, 2021 1:35am
Hey Folks

Hindsight trading is 20:20 perfect. @emmanuel7788 is a supposed trader that purports having 30years trading experience, yet has been shown to consistently go underwater and use an EA to try to martingale his account back to break even. There are no such things as EAs or martingale strategy in Trading Made Simple.

Follow Big E' TMS 5-Method basics Post#261

============================================
The TDI is the heart of our method. It tells you when to enter and where to exit any trades... so review previous posts and learn it good.

HA Candles are important because it makes your trading way less stressful... use them.

Stoch's is nothing but confirmation. If Stoch's & the TDI give different signals... lights flash off and on warning me to take a closer look before entering.. and usually I look for another trade.

5 ema... shows direction currently... only wanting to enter on candle 1 or two. If there is a reversal do I have a TDI signal to enter... if not and all looks strong then enter on candle 2... use some discretion... practice on Demo... take some chances and see if yor head computer was right... it's free.

HA Candles... What are their size? If they are small I will usually go find another set up... Look for consolidation... look for how close PA is to supp/res levels... use your brain !

Believe it or not you have to participate and think... until it's so second nature... there is nothing to it... it's so simple... don't complicate it or you will lose... just as the ToxicFakeTrader and Thread Perverter has proven.

Big E
To free Gazans of Hamas, use whatever it takes.
  • #117,056
  • Edited 2:34am Feb 17, 2021 1:41am | Edited 2:34am
Quoting Lenart80
{quote} Sorry mate, but that was almost the perfect entry. When I spot it, the price was at 1.3925 and it goes down to 1.3870 where if u open 1H chart was a support. This strategy is the best and it works. Let me first get rid of those two mfs positions and then I will come back.
You're throwing marshmallows at a brick wall. The ToxicFakeTrader and TMS Thread Perverter has EAs do his thinking for him because he has proven himself to be such a dimwit. So unless your strategy just happens to be coded into one of his EAs, there is no chance that he will acknowledge anything connected to your system
To free Gazans of Hamas, use whatever it takes.
  • #117,057
  • Feb 17, 2021 1:49am Feb 17, 2021 1:49am
Yesterday, the dimwit looked at H4 and decided that selling was a bad idea. Just ask all of the folks who sold the M15 or M30 TFs what their opinion was.
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And so today, don't be surprised if the dimwit goes to D1 TF so he can again tell you to not sell GBPUSD. LOL
Purportedly 30 years of trading experience and clearly a dimwit that doesn't have enough smarts to try something other than trading to see if he can break out of failure mode.
Attached Image
To free Gazans of Hamas, use whatever it takes.
  • #117,058
  • Feb 17, 2021 1:54am Feb 17, 2021 1:54am
Quoting FakeDr Fake PhDs FakeMD ...aka @DrDick
Hey Folks Hindsight trading is 20:20 perfect. @emmanuel7788 is a supposed trader that purports having 30years trading experience, yet has been shown to consistently go underwater and use an EA to try to martingale his account back to break even. There are no such things as EAs or martingale strategy in Trading Made Simple.

Attached Image

Hey Folks

FakeDr has suffered yet another mental meltdown this week. It is 3 times this week.

Stay tuned for the 4th and the 5th.

Keep a Safe Distance ....

big EMM
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #117,059
  • Feb 17, 2021 1:56am Feb 17, 2021 1:56am
Quoting FakeDr FakePhD FakeMD aka DrDick 13413227
Hey Folks Hindsight trading is 20:20 perfect. @emmanuel7788 is a supposed trader that purports having 30years trading experience, yet has been shown to consistently go underwater and use an EA to try to martingale his account back to break even. There are no such things as EAs or martingale strategy in Trading Made Simple. ...
Attached Image (click to enlarge)
Click to Enlarge Name: kids keep telling a story.png Size: 636 KB




Hey Folks

FakeDr has suffered yet another mental meltdown this week. It is 3 times this week.

Stay tuned for the 4th and the 5th.

Keep a Safe Distance ....

big EMM
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #117,060
  • Feb 17, 2021 1:57am Feb 17, 2021 1:57am
Quoting DrDave
{quote} You're throwing marshmallows at a brick wall. The ToxicFakeTrader and TMAS Thread Perverter has EAs do his thinking for him because he has proven himself to be such a dimwit. So unless your strategy just happens to be coded into onee of his EAs, there is no chance that he will acknowledge anything connected to your system
Hi Dave,
I'm still new to this thread/forum so I don't know you guys. Give me some time to recognize who is who, but still don't care I will stick to BIG E strategy and going to be transparent in every single entry. Not going to hide anything.
Also I don't care about EA's. I have tried in all this years almost everything and the result was always the same, a lot of nervous days!
So no one can tell me whats good and whats not.
Multiple Position Trader
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