Trading Made Simple | Page 5869 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Monitor for 'Trading Made Simple' system 565 replies

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

Indicators for the 'Trading Made Simple' system 343 replies

MTF Indicators for the 'Trading Made Simple' system 241 replies

Trading Made Simple system follower - Thanks to eelfranz 9 replies

Attachments: Trading Made Simple
Exit Attachments

Trading Made Simple

  • #117,361
  • Feb 24, 2021 4:28am Feb 24, 2021 4:28am
TMS Monitor Feb24 H4 5AM EST 2AM PDT

- just by looking at the TMS Monitor

- you know which pairs has the price action for the RSI Green price line tweak or check-mark.

- you simply go to the charts where you have done your H4 trade plan and verify the trade setup conditions and decide your Entry, SL and TP

- the next H4 is the 6AM, you decide if you want to close the trades at 6AM like the OP did.

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Feb24 H4 TDI pick 24-2-2021 6-24-03 pm.png Size: 35 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #117,362
  • Feb 24, 2021 5:09am Feb 24, 2021 5:09am
Quoting fabio.g
{quote} is this system available?
Nope. First, you will have to jump through a bunch of hoops for him. Then, after he thinks that you are hooked, he will come up with some excuse about how it is available only to qualified traders. And of course, you won't qualify, despite all of the hoop jumping that you did.

He has already done this when people tried to gain access to his trade reports, so this is the reality.

So just because he gave some name to the "system" that HE is using does not mean that is available for anyone else to use.
To free Gazans of Hamas, use whatever it takes.
  • #117,363
  • Feb 24, 2021 5:42am Feb 24, 2021 5:42am
Nice EMMANUEL7788
I'm sorry from I speak a little English.
Thank you very much for your selfless help.
I remember in 2011-2012 I found Forexfactory. I reviewed a lot of threads for this as well I read it .I had a thread from TMA Band that I read and tried this for a long time. An American retired man, Alorente, who lived in a dreamland, started the thread. You wrote a lot to him too, I remember. after that life turned around me,
I came back again and joined you.
Yesterday I entered EUrUSD also usdjpy but I also saw the tdi exit signal and closed in the evening. Today at dawn USDJPY again opened a basket trade. May I ask, on what basis do you choose between possible entrances?

Best regards
Have nice day
J.
  • #117,364
  • Edited 6:31am Feb 24, 2021 6:11am | Edited 6:31am
Quoting DrDave
{quote} Nope. First, you will have to jump through a bunch of hoops for him. Then, after he thinks that you are hooked, he will come up with some excuse about how it is available only to qualified traders. And of course, you won't qualify, despite all of the hoop jumping that you did. He has already done this when people tried to gain access to his trade reports, so this is the reality. So just because he gave some name to the "system" that HE is using does not mean that is available for anyone else to use.

@DrDave -- you are a liar, and a cheat, a red badge who has been reduced to mocking other traders, @emmanuel7788, and BigE's death. You're criticized and considered a joke whenever you post in other threads. You've been caught using a fake alias and have been suspended from FF. You have caused @Tekkies and @tommy great embarrassment along the way in your effort to shutdown this thread -- all due to your hatred for @emmanuel7788. Your IMT Academy thread is a ghost town and you wish the same for this thread.



Attached Image (click to enlarge)
Click to Enlarge Name: DrDave-Member-Temporary-Suspension-Club-2.png Size: 283 KB


5 peas in a pod -- @DrDave, @tommy, @ryuryu, and the husband/wife team of @mosiskv/@Tekkies. Or, maybe it's the wife/husband team of @mosiskv/@Tekkies, since @Tekkies prefers to masquerade as a male. I don't know if I'm the only one, but I'm confused by all these gender preferences...

So -- @DrDave -- which pea are you?

Attached Image (click to enlarge)
Click to Enlarge Name: peas-in-a-pod-3.png Size: 158 KB
  • #117,365
  • Feb 24, 2021 7:54am Feb 24, 2021 7:54am
Trading Made Simple, BigE's 5-method

Heiken-Ashi bars
EMA(5) shift 2
TDI

(No EAs, no double Bollinger bands, no double speak, no nonsense.)

Hmmm, looks like could be a great H4 trade, doesn't it?
Price makes a higher high while TDI makes a lower high.
TDI green cross red down.
Price closes with a red H-A bar below ema5.
Sell the open of the bar with the Vline on the left.

Middle Vline: bounce (continuation) sell.

Right Vline: another sell entry.

Attached Image
To free Gazans of Hamas, use whatever it takes.
  • #117,366
  • Feb 24, 2021 9:01am Feb 24, 2021 9:01am
Quoting DrDave
Trading Made Simple, BigE's 5-method Heiken-Ashi bars EMA(5) shift 2 TDI (No EAs, no double Bollinger bands, no double speak, no nonsense.) Hmmm, looks like could be a great H4 trade, doesn't it? Price makes a higher high while TDI makes a lower high. TDI green cross red down. Price closes with a red H-A bar below ema5. Sell the open of the bar with the Vline on the left. Middle Vline: bounce (continuation) sell. Right Vline: another sell entry. {image}
I considered the long wick up so did not think about divergence, so I was expecting to have HH and LL until a retest at 1.422 or so, which is a major resistance...

The GU spike happened in front of my eye (Luxury of WFH with additional screens, hah) and only took 20 mins or so, so I reckoned the reaction would be fast. I scaled down to M5 to have a better look at the PA.
Lost one trade by simply buying TDI 32 buy cross, HA candle #2 open. There wasn't enough confirmation for a buy.
With that a resistance level was formed. Retest was violent and rejection same. TDI showed hdiv. Sold at TDI sell cross, HA candle #2. TP again set at a level safe from next level. RR was pretty good for this one, 2.2RR.

Sell bias is on. I hope no one is dumb enough to follow the EU BUY signal. Pretty congested with short term up, long term down, plus a QM resistance. Better wait for swing (down as result) and then evaluate.

BigE's TMS works like a charm with clean trend structures and sharp highs and lows. The TDI itself gives good enough confirmation after PA analysis.

*The Cable thread has got some real PA experts, worth visiting and learn a trick or two

Attached Image (click to enlarge)
Click to Enlarge Name: d246d3807468917e01b244550ecba7db.png Size: 148 KB

Attached Image
  • #117,367
  • Feb 24, 2021 9:21am Feb 24, 2021 9:21am
Quoting tommydoginti
{quote} I considered the long wick up so did not think about divergence, so I was expecting to have HH and LL until a retest at 1.422 or so, which is a major resistance... The GU spike happened in front of my eye (Luxury of WFH with additional screens, hah) and only took 20 mins or so, so I reckoned the reaction would be fast. I scaled down to M5 to have a better look at the PA. Lost one trade by simply buying TDI 32 buy cross, HA candle #2 open. There wasn't enough confirmation for a buy. With that a resistance level was formed. Retest was violent...
Almost forgot, I got a buy scalp during the second surge up between two minor levels form in the first spike. Experimental so 0.01 lot. Not very confident to buy when TDI is over 50 (Although BigE did so)

Price was in uptrend. Broke out resistance formed during consolidation. Retest, then entered at first TMS TDI buy signal at early candle #3. Closed when price reached the minor resistance.

Attached Image (click to enlarge)
Click to Enlarge Name: 8d1b77978c1c14a75346b43a89d393c5.png Size: 55 KB
Attached Image
  • #117,368
  • Feb 24, 2021 9:27am Feb 24, 2021 9:27am
Quoting DrDave
Trading Made Simple, BigE's 5-method Heiken-Ashi bars EMA(5) shift 2 TDI (No EAs, no double Bollinger bands, no double speak, no nonsense.) Hmmm, looks like could be a great H4 trade, doesn't it? Price makes a higher high while TDI makes a lower high. TDI green cross red down. Price closes with a red H-A bar below ema5. Sell the open of the bar with the Vline on the left. Middle Vline: bounce (continuation) sell. Right Vline: another sell entry. {image}
Hey DrDave,

What additional confirmations do you use for the bounce trades? Thanks.
  • #117,369
  • Edited 9:50am Feb 24, 2021 9:37am | Edited 9:50am
Quoting DrDave
Trading Made Simple, BigE's 5-method Heiken-Ashi bars EMA(5) shift 2 TDI (No EAs, no double Bollinger bands, no double speak, no nonsense.) Hmmm, looks like could be a great H4 trade, doesn't it? Price makes a higher high while TDI makes a lower high. TDI green cross red down. Price closes with a red H-A bar below ema5. Sell the open of the bar with the Vline on the left. Middle Vline: bounce (continuation) sell. Right Vline: another sell entry.
Attached Image
Did you catch this?
Hmmm, looks like could be a great H4 trade, doesn't it?

The casual observer would take at face value that this is the H4 TF. However, notice that there is no reference to a time scale. The ACTUAL TF is M15, as displayed below.

Yes, that's right!! It's that SMALL, NOISY, UNTRADABLE time frame, right?? Sure, right. Untradable noise, despite the fact that BigE said
Quoting eelfranz
I wanted a method that was simple, worked on all timeframes, simple rules, few indicators.... and developed a method that is 70-80%+ wins for me on a regular basis.
The TF is irrelevant: The patterns and setups are same.

Attached Image (click to enlarge)
Click to Enlarge Name: 442fe83f7d9362ab599bfa4c7c94c008.png Size: 54 KB
To free Gazans of Hamas, use whatever it takes.
  • #117,370
  • Feb 24, 2021 9:48am Feb 24, 2021 9:48am
Quoting tommydoginti
{quote} Hey DrDave, What additional confirmations do you use for the bounce trades? Thanks.
When the retracement kicks in, I go to lower TF and look at the pattern that is developing and then when it looks like the 5-method entry criteria are met, I also check my LAGGING multi-time frame indicators and wait until the indicator representing the higher TF agrees.

(As the astute analyst will recognize, a LAGGING indicator placed on a smaller TF that represents a higher TF becomes a LEADING indicator of the higher TF! But of course, who teaches you such an idea? No one that I know of. But really, no surprise because there are very few THINKERS but a lot of PARROTS that offer up training.)
To free Gazans of Hamas, use whatever it takes.
  • #117,371
  • Feb 24, 2021 5:00pm Feb 24, 2021 5:00pm
Quoting emmanuel7788
{quote} EURNZD Feb 23 H4 - ... Weekly is my Forest, H4 are just the Trees {image}
The OP Big E was a honest man. He would shared his experience to help new traders learn to trade and shorten their learning curve.

Quoting eelfranz
Don't get fired ! Just make the necessary transition to trading 4hr charts during the London session... or Daily charts.
EURNZD Feb24 trade update:

- this is my best pair this month.

- 1080 pips is rare unless you pick the volatile pairs to trade
- to help you pick the volatile paris, use the Bollinger Band(20,1) on the price chart
- on the TDI indicator window, change the Market Base Line setting to period 20 instead of the default 34.
- the RSI green price line remains the same at period 2 and EMA.
- use the TMS_V19 EA to show you the Weekly Trend 2/8.

Attached Image (click to enlarge)
Click to Enlarge Name: EURNZD Feb24 SYD trade update 25-2-2021 6-30-37 am.png Size: 61 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EURNZD Feb24 H4 V19 info panel 25-2-2021 7-01-22 am.png Size: 89 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #117,372
  • Feb 24, 2021 5:13pm Feb 24, 2021 5:13pm
Quoting tommydogie a newbie and Fake TMS Teacher i
{quote} Hey DrDave, What additional confirmations do you use for the bounce trades? Thanks.

Hey Folks

Seriously, FakeDr is the wrong person to ask question about Trading Made Simple 5-Method.
Everything about bounce trades have been very clearly explained by Big E is his 463 posts in this thread.
If anyone wants more examples, Big E also said to go to his old thread and you will learn fast.

FakeDr with FakePhD...FakeMD... aka@DrDick is the OP of his failed trading system TDA with IMT. One quick look at his last two GBPUSD trades and you will lean that he is just another #FakeTradingGURU# in public forums like Forex Factory.

FakeDr' GBPUSD Weekly trades since March last year.

Attached Image (click to enlarge)
Click to Enlarge Name: FakeDr GU sell 40 weeks DD 2-1-2021 1-29-14 pm.png Size: 98 KB

Attached Image (click to enlarge)
Click to Enlarge Name: FakeDr IMT GBPUSD trade_2 25-11-2020 11-00-29 am.png Size: 93 KB

*** Note: He removed his TE when he got Margin Call.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #117,373
  • Feb 24, 2021 5:26pm Feb 24, 2021 5:26pm
Quoting tommydoginti
{quote} Hey DrDave, What additional confirmations do you use for the bounce trades? Thanks.

hey @tommydogie

You ask a question that has been asked many times and Big E did reply over and over again.

You do not need "additional confirmations" for bounce trades. You need CONFIDENCE!

Big E made it clear in his Post#1

We want you to be an active member asking questions, posting charts and making observations when possible.
Start trading a Demo account until you build your confidence and only then consider switching to a live account...
Disregard template posted below and see updates... Read the complete thread BEFORE ASKING QUESTIONS... YOU WON'T BE SORRY

I can tell you the same. Keep on with DEMO trading. Complete 100 trades, then 200 trades, then 300 trades ... when you have completed 1,000 trades you will know if you have learned Big E' 5-Method good enough to go on to live trading with REAL money. Trading with demo money is not the same trading with REAL money.

You will need more examples, then Big E has his answer for you too.

Big E Post#336
Quoting eelfranz
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
  • #117,374
  • Feb 24, 2021 5:42pm Feb 24, 2021 5:42pm
Quoting emmanuel7788
EURNZD and GBPAUD Feb22 - H4 weekly swing trading .... SELL SELL SELL - Weekly is my forest view, H4 are the trees. {image} {image}

GBPAUD Feb24 mid-week review

- very little has changes since and very low volatility
- Weekly remains sideways with that Weekly Control Candle WCC and range ~ 280 pips high-low
- selling based on Weekly and Daily price action
- TMS_V19 info panel Weekly Trend 2/8 show sideways (Blue)

Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUD Feb24 H4 V19 w Welkly 25-2-2021 7-30-57 am.png Size: 93 KB


***Weekly Control Candle > go to strat* old thread and follow his THE PATH.
https://www.forexfactory.com/thread/...s-free-trading

strat* is another honest person and also a distinguished member in Forex Factory community.
I started my trading journey in FF and learned everything from his thread "Strat's Long Term Stress Free Trading"
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #117,375
  • Feb 24, 2021 6:09pm Feb 24, 2021 6:09pm
Quoting Simple-man
Nice EMMANUEL7788 I'm sorry from I speak a little English. Thank you very much for your selfless help. I remember in 2011-2012 I found Forexfactory. I reviewed a lot of threads for this as well I read it .I had a thread from TMA Band that I read and tried this for a long time. An American retired man, Alorente, who lived in a dreamland, started the thread. You wrote a lot to him too, I remember. after that life turned around me, I came back again and joined you. Yesterday I entered EUrUSD also usdjpy but I also saw the tdi exit signal and closed...

Hi Simple-man

Yes, I know Alorente aka Al and his Extreme TMS System thread.
Alfredo is another good and honest person in Forex Factory and he is also a disciplined trader and a good teacher.

You do not need to apologise for your English. We post charts and discuss trading in this thread which is Big E' wish to have active members here to discuss trading and to help one another.

Start posting your charts and trades and we can discuss more.

Trade Well and Trade Safe.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #117,376
  • Feb 24, 2021 6:19pm Feb 24, 2021 6:19pm
Kiwi is this week's top performing pairs

NSDUSD Feb 24 H4 swing

For those who have done your Weekly Top Down Analysis WTDA, then you know when and where to trade well in advance of many other traders and systems

Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSD Feb24 top performer 25-2-2021 8-15-09 am.png Size: 94 KB


***Weekly Control Candle > go to strat* old thread and follow his THE PATH.
https://www.forexfactory.com/thread/...s-free-trading

more reviews coming up ....

Stay Tuned!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #117,377
  • Feb 24, 2021 6:36pm Feb 24, 2021 6:36pm
Quoting fabio.g
{quote} is this system available?

Quoting [B
FakeDr FakeTradingGURU[/b] aka@DrDick;13424981]{quote} Nope. First, you will have to jump through a bunch of hoops for him. Then, after he thinks that you are hooked, he will come up with some excuse about how it is available only to qualified traders. And of course, you won't qualify, despite all of the hoop jumping that you did. He has already done this when people tried to gain access to his trade reports, so this is the reality. So just because he gave some name to the "system" that HE is using does not mean that is available for anyone else to use.
Attached Image
...

Hi Fabio

Yes. TMS_EVO is available since 2018. It is a development evolved from TMS-II by a few active TMS traders. TMS_EVO was live traded and tested in 2018 using just one currency pair - EURUSD. see this thread and the live trade results for 2018. {https://www.forexfactory.com/thread/post/11834080#post11834080}

TMS_EVO_IX is a SYSTEM STRATEGY for the 3-years trading cycle 2021/2022/2023 fiscal year.
A SYSTEM STRATEGY requires trading the selected MARKET TYPE conditions and requires trading multiple pairs in order to achieve the financial goals for 3 years.


The core trading methodology remains the same Big E' 5-Method. What is added to make the system is Money Management & Risk Management strategies for Entries and Exits.

TMS_EVO_IX is a CashFlow model developed following the two models - Insurance model and Lotto model.

First, learn about Mastering Risk Management Techniques in this video.

Inserted Video


Let me know what you think and I will share and discuss more into details in this thread.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #117,378
  • Feb 24, 2021 6:41pm Feb 24, 2021 6:41pm
TMS Monitor Thursday Feb25 Daily

- with most pairs already running , no new Daily trade setups to pick today at SYDNEY OPEN

- the next available options are CONTNUATION trade setups in H4 and H1... but follow the Daily and Weekly market type
conditions.

- CONTINUATION trades are the RSI green price line bounce and also some are breakouts after a pull-back in the price.

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Feb24 Daily 25-2-2021 8-37-18 am.png Size: 32 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #117,379
  • Feb 24, 2021 6:45pm Feb 24, 2021 6:45pm
Quoting emmanuel7788
TMS Monitor Thursday Feb25 Daily - with most pairs already running , no new Daily trade setups to pick today at SYDNEY OPEN - the next available options are CONTNUATION trade setups in H4 and H1... but follow the Daily and Weekly market type conditions. - CONTINUATION trades are the RSI green price line bounce and also some are breakouts after a pull-back in the price. {image}

EURCAD Feb25 H4

- possible CONTINUATION trade with the Inside Bar breakout

- as the trader, you decide on the $money risk and initial Stop Loss 'R' and do your trade Position Size.

- there are two different entry mode for trading CONTINUATION Inside Bar setups. The usual aggressive and conservative entries.

Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD Feb25 H4 V19 w Weekly 25-2-2021 8-42-33 am.png Size: 90 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #117,380
  • Feb 24, 2021 7:04pm Feb 24, 2021 7:04pm
AUDUSD Feb25 Sydney-Tokyo session

Tokyo 10AM local

- looking at H4 now, do you want to buy?

- take a look at H1 and you will decide much easier.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Feb25 H4 can buy 25-2-2021 9-01-30 am.png Size: 79 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
46 traders viewing now