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Trading Made Simple

  • #118,281
  • Apr 28, 2021 9:10pm Apr 28, 2021 9:10pm
Quoting tommydoginti
{quote} I haven’t shared how I determine loss of momentum. Just sharing how the trade goes as entered based on TMS buy signals. This is off-topic of TMS. If you would like to know, please ask politely.

Trading Made Simple

----------------------------------------------------------------------------------------------------
New traders coming to this thread have three Options:

Option #1: Go to this post link, read and follow that post. The TMS history is all here.

https://www.forexfactory.com/thread/...3#post13295143


Option #2:
You don't have to read 5195 pages (118,281 posts)
Just two pdf files compiled by older members here will provide a good base to start.
download and read those two pdfs files.

simply click to download:

Best of Big E - Part 1

Best of Big E - Part 2


Option #3:
For those with some years of trading experience trading with indicators, this option may be better.

Click and read One, Two and Three

TMS being the 5-Method is a technical trading methodology therefore you need to add your own Money Management and make it your own system. Your trading psychology is another subject matter not talked about much.

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
  • #118,282
  • Apr 28, 2021 9:34pm Apr 28, 2021 9:34pm
Quoting emmanuel7788
{quote} LOL. you newbie acting like a guru again. I am sure you very confused with many things you do not know yet. But that normal because you are still young and ignorant and naive to forex trading. I am sure your dad age 62 today knows a lot about trading since he is trading HSI for his retirement expenses. Go home and listen to him and I am sure he can teach you a few things about trading and also some basic life skills to be humble and know when to keep your mouth shut and listen better. 1. The RSI (13,0,2,7) is the TDI RSI fast and slow. Don’t...

You are repeating yourself. I have already posted my answers. If you have any questions, feel free to ask politely.

I am okay with you trading your way. I stepped in and made a lot of effort from here to Fair Economy Inc. to stop all bickering and irrelevant trading systems here.

We know that you are not trading BigE’s way. I have no issue with that because I am not following your posts. But it is critical not to make up yourself “trading like BigE”. You also complained about the repainting TDI which the root cause is coding issue, and BigE’s routine is different from EA that monitors the TDI continuously.

I merely point out what can be improved in your trading. There is no need to spread hate and jealousy simply because you cannot trade.

your followers should be missing your trade sharing. I do enjoy seeing your single entry trades a few weeks ago (SL to BE is not how BigE traded, he exited on pullbacks and re-entered) That is a good demonstration of 5-method entry. Multiple entries is for 21/233.

It started with you complaining about TDi repaint. We both have found solutions to overcome that by either using BigE’s chart checking habit (refreshing), or a non-repainting version. The discussion is completed.
let’s focus on trading again. Thanks and good luck
  • #118,283
  • Apr 29, 2021 12:15am Apr 29, 2021 12:15am
Quoting eelfranz
/// I hate trading 5min-15min-30min charts. Why? You have to monitor each trade from beginning to end and hope and pray you made a correct entry. I only trade 1hr charts during the the 1st 3 hours of the USA OPEN and 4hr trades at night. I check for set ups at 10pm Pacific,2am and close all 4 hour trades by 6am Pacific.... You ever woke in the morning popping on your puter and find you made 150 pips while you slept... guaranteed to put a smile on your face and a skip in your step. /// {file}

Hey Folks

Is this what some member think is "original BigE's way"

EURAUD Apr29 H4 1am EST New York 10pm PDT Portland

- 2 hours ago my EA sent me a message ...'analyse buy'

- then 10 mins before 10PM PDT 4hr candle closes, it sent me BUOB setup .. that the heads-up for me to go and check my computer ...

Attached Image (click to enlarge)
Click to Enlarge Name: EU Apr29 H4 10Pm PDT 29-4-2021 1-06-07 pm.png Size: 64 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,284
  • Apr 29, 2021 1:03am Apr 29, 2021 1:03am
An old post for Big E' old thread:

https://www.forexfactory.com/thread/...04#post4517204

Hey Guys,

I've shared the Conserative rules for the 5 ema method as well as my personal more aggressive rules. The previous training charts show the more aggressive trading.

I don't pay much attention to news when trading the 4 hr or Daily charts. On the 5 & 15m charts it can kill you however.

If I've got a strong set up on the TDI when close to the 32 or 68 lines... I'll take the trade and scalp the 4hr for 20-40 pips while monitoring the trade... I've seen it go 80-100 pips sometimes...

On the more aggressive style... I like to just trade the chart I'm on rather than dropping one timeframe for entries which is more conserative.

Remember... 80+% of the time HA Candles move 3-8 candles per swing (depending on the time of day and which session). If I'm entering on candle 1 or 2 I'm expecting some pips to fall... you should too. If you don't like HA Candles then trades the Japaneese candles. They will screw up your emotions and decisions though... Your the man/woman, it's your money... do what you want. When the bleeding stops you can come back to the HA group.... honest.


I keep telling you that the market is there for the taking. Make your daily withdrawl... don't be afraid. When your afraid you make more mistakes and bad decisions... Just slap the crap out of it and fill your wheel-barrow up with pips...


Good luck to those trading M15 and H1.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,285
  • Apr 29, 2021 1:06am Apr 29, 2021 1:06am
Quoting emmanuel7788
{quote} Hey Folks Is this what some member think is "original BigE's way" EURAUD Apr29 H4 1am EST New York 10pm PDT Portland - 2 hours ago my EA sent me a message ...'analyse buy' - then 10 mins before 10PM PDT 4hr candle closes, it sent me BUOB setup .. that the heads-up for me to go and check my computer ... {image}

Oops! wrong currency pair. According the the purist of "original BigE's way" I cannot be trading EurAud.

Big E only traded 8 pairs according to his Post#63

I'd say pick the charts you like to trade and understand their movements... breathing patterns...

I always like to have the E/U, G/U and A/U side by side on top plus one more chart. Those three charts tend to move together in the same direction. So if I see a set up on one I usually find a set up on one or both on the other pairs. I've made a lot of pips trading all three at the same time.

I usually include 2-3 Japaneese charts... a Usd/Cad chart. Always end up with 8 charts on one page.

Dean trades these on top...e/u, g/u e/j, a/u left to right and these below... left to right... u/chf, u/j, g/j , u/cad. Setting them up that way generally means the top chart is moving in one direction and the one directly below moves in the opposite direction...


EA Apr29 H1 at Frankfurt Open

- DBHLC PA setup

- TDI green price line slope 5.6 but no cross of the red.

- its a sell setup if trading H1 now
Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,286
  • Apr 29, 2021 2:53am Apr 29, 2021 2:53am
Quoting emmanuel7788
{quote} Hey Folks Is this what some member think is "original BigE's way" EURAUD Apr29 H4 1am EST New York 10pm PDT Portland - 2 hours ago my EA sent me a message ...'analyse buy' - then 10 mins before 10PM PDT 4hr candle closes, it sent me BUOB setup .. that the heads-up for me to go and check my computer ... {image}
Obvious is no.

read and study #6 and #647. Look for sentences that describes when BigE would enter a trade.

I think that is the main reason why your trades are often in drawdown after entering. In short: too late and later than how BigE would enter. That is also why previously I looked at your posts and picked the other direction to trade.

In my chart on TV and MT4 there was no EURAUD crosses
I suspect your EA is like what I worried, the TDI of previous candle is wrong, and by calculation of wrong value, that is always skewed towards new candle OHLC, causing false crosses.

HOWEVER, there is another possibility, which is my broker time is different from yours that I know of, so the exact OHLC of candles are slightly different at H4, but not H1 and lower.
Also I would look for buy setups at a levels of precocious highs and lows like BigE did

You are a GENIUS to survive with crooked tools. But we are here to help new traders. So I would advise you to stick to the basic tools BigE used. Ditch the dashboard or save it for yourself only as it will mislead others and causing them to lose money should they follow you

Trade well

Yellow cross is roughly the time you checked. Hope you did not trade.

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  • #118,287
  • Apr 29, 2021 3:05am Apr 29, 2021 3:05am
Quoting tommydoginti
{quote} Obvious is no. read and study #6 and #647. Look for sentences that describes when BigE would enter a trade. I think that is the main reason why your trades are often in drawdown after entering. In short: too late and later than how BigE would enter. That is also why previously I looked at your posts and picked the other direction to trade. In my chart on TV and MT4 there was no EURAUD crosses I suspect your EA is like what I worried, the TDI of previous candle is wrong, and by calculation of wrong value, that is always skewed towards...
hey @tommydogie aka @TMS GURU

LOL. You little guru.

Of course every trade entry will start off in drawdown. You must be the TMS expert with precise entry without zero spread.

Keep It Simple: Read Post#261 for setup and know Post#647 well when taking any trade.

This thread is not about TDI cross. If you still think this thread is about TDI cross then you are also one who is too stupid to be posting in this thread.

https://www.forexfactory.com/thread/...1#post13004801

https://www.forexfactory.com/thread/...8#post13004788

https://www.forexfactory.com/thread/...1#post13004751

here is my EA chart again, pay attention to details on my chart.

Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,288
  • Apr 29, 2021 3:17am Apr 29, 2021 3:17am
Quoting emmanuel7788
{quote} hey @tommydogie aka @TMS GURU LOL. You little guru. Of course every trade entry will start off in drawdown. You must be the TMS expert with precise entry without zero spread. Keep It Simple: Read Post#261 for setup and know Post#647 well when taking any trade. This thread is not about TDI cross. If you still think this thread is about TDI cross then you are also one who is too stupid to be posting...

Hi folks,

did BigE’s trades always went into drawdown?

Read old posts and look at BigE’s charts. Real trades and training charts doesn’t matter.

Emmanual, I am trying to help you here and also avoid fellow traders being misled. Your crooked tools must have costed you a lot. Imagine if you traded the right way, you must have been a much more profitable trader.

I didn’t make up any contents of my last post. It was the market telling where price went and BigE’s words. We are here to help, not hate
  • #118,289
  • Edited 3:38am Apr 29, 2021 3:19am | Edited 3:38am
Quoting emmanuel7788
{quote} hey @tommydogie aka @TMS GURU LOL. You little guru. Of course every trade entry will start off in drawdown. You must be the TMS expert with precise entry without zero spread. Keep It Simple: Read Post#261 for setup and know Post#647 well when taking any trade. This thread is not about TDI cross. If you still think this thread is about TDI cross then you are also one who is too stupid to be posting...
What I mean “drawdown” is price goes against you often. Just pick any of BigE’s chart which he claimed he traded and compare with yours, I believe you can learn much faster. Trade away from levels and start looking at 1.555 or below
*Edit. swing up from 1.5545.

I am praising you as a GENIUS because I don’t think I can trade as well as you if I had those crooked tools. So please stop calling names and spreading hate.
  • #118,290
  • Apr 29, 2021 3:37am Apr 29, 2021 3:37am
[quote=tommydoginti;13516115]{quote}
.
Hi folks, did BigE’s trades always went into drawdown?

Read old posts and look at BigE’s charts. Real trades and training charts doesn’t matter.

Emmanual, I am trying to help you here and also avoid fellow traders being misled. Your crooked tools must have costed you a lot. Imagine if you traded the right way, you must have been a much more profitable trader. I didn’t make up any contents of my last post. It was the market telling where price went and BigE’s words.

{quote}


hey @tommydogie

you are still a newbie with only 10 months forex trading experience. You can't help anyone here in FF.

Of course Big E trades has drawdown upon entry. You must be blind when you study his real live trade charts. Forget about all the training charts, they are all hindsight charts with no real entry and exit.

You are living in a dream world of your own thinking of perfect entry without drawdown. This is newbie thinking and belief.

You want to help me, first show me your first 1,000 completed trades then only I would consider again.

You are worried about people being misled, do the same and show them your first 1,000 completed trades.

Those tools are the work and contributions from other FF members and traders during Big E time. Stop insulting them.
When you have not even used those tools how did you jump to such conclusion those are crooked tools. You do not have the knowledge and experience to make such derogatory comment on the contributions of other members in FF.

Yes, your are right that I am profitable. And it is because using those tools help me save a lot of time staring at charts and timeframes. With the time saved, I focus only on selected type of trade setups and high probability trade setups only.

Do I need to be more profitable? No. I meet my trading cycles target that is all I need. I am not greedy.

Good luck to you @tommydogie. You need luck when your trading skills is still far lacking.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,291
  • Apr 29, 2021 3:41am Apr 29, 2021 3:41am
Quoting tommydoginti
{quote} What I mean “drawdown” is price goes against you often. Just pick any of BigE’s chart which he claimed he traded and compare with yours, I believe you can learn much faster. Trade away from levels and start looking at 1.555 or below *Edit. swing up from 1.5545. I am praising you as a GENIUS because I don’t think I can trade as well as you if I had those crooked tools. So please stop calling names and spreading hate.

@tommydogie

you are talking crap rubbish and being toxic like fake DrDave.

do your own trading and show us your first 1,00 completed trades

then only people will pay attention to your posts.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,292
  • Apr 29, 2021 3:41am Apr 29, 2021 3:41am
Quoting tommydoginti
{quote} Up 70+ pips. Looking at 1.399 or loss of momentum as indicated by the TDI. {image}
Some members are interested of what I was referring to.

I rarely hold trades. So I manage trades just the same as I would open one.

The 3 amigos go similar direction. Congratulation to buying EA. Win win.

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  • #118,293
  • Apr 29, 2021 3:45am Apr 29, 2021 3:45am
Quoting emmanuel7788
{quote} Oops! wrong currency pair. According the the purist of "original BigE's way" I cannot be trading EurAud. Big E only traded 8 pairs according to his Post#63 I'd say pick the charts you like to trade and understand their movements... breathing patterns... I always like to have the E/U, G/U and A/U side by side on top plus one more chart. Those three charts tend to move together in the same direction. So if I see a set up on one I usually find a set up on one or both...
Attached Image (click to enlarge)
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EA Apr29 trade closed.

- using THV Cavemanager EA trade manager

- I do not have to spend time managing trades

- Capital Protection in THV CM closed the remaining position.

Attached Image (click to enlarge)
Click to Enlarge Name: EA Apr29 H1 trades closed 29-4-2021 4-42-15 pm.png Size: 30 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,294
  • Apr 29, 2021 3:58am Apr 29, 2021 3:58am
Quoting emmanuel7788
{quote} Hey Folks Is this what some member think is "original BigE's way" EURAUD Apr29 H4 1am EST New York 10pm PDT Portland - 2 hours ago my EA sent me a message ...'analyse buy' - then 10 mins before 10PM PDT 4hr candle closes, it sent me BUOB setup .. that the heads-up for me to go and check my computer ...
Attached Image (click to enlarge)
Click to Enlarge Name: EU Apr29 H4 10Pm PDT 29-4-2021 1-06-07 pm.png Size: 64 KB


{image}

With my EA H1 trade closed ... No Loss !

Now check back at my H4 which is will close in 4 minutes.

Easy decision looking at H4 this now. Simply follow my ten tops tasks for trading. Stick with my trade plan.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,295
  • Apr 29, 2021 4:05am Apr 29, 2021 4:05am
Quoting eelfranz
Sree1, I'd say pick the charts you like to trade and understand their movements... breathing patterns... I always like to have the E/U, G/U and A/U side by side on top plus one more chart. Those three charts tend to move together in the same direction. So if I see a set up on one I usually find a set up on one or both on the other pairs. I've made a lot of pips trading all three at the same time. I usually include 2-3 Japaneese charts... a Usd/Cad chart. Always end up with 8 charts on one page. Dean trades these on top...e/u, g/u e/j, a/u left to...

Here look at Big E trading pairs - at his 4hr 2AM PDT 5am EST New York

Pick the best setups and with the best TDI green line slope.


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,296
  • Apr 29, 2021 4:42am Apr 29, 2021 4:42am
Hey folks.

check out #118284 then #118294.

be careful not to blindly follow. You will for sure lose money. Don’t let others become your liability in trade pursue.

good luck everybody.
  • #118,297
  • Apr 29, 2021 5:07am Apr 29, 2021 5:07am
Quoting emmanuel7788
{quote} hey @tommydogie aka @TMS GURU LOL. You little guru. Of course every trade entry will start off in drawdown. You must be the TMS expert with precise entry without zero spread. Keep It Simple: Read Post#261 for setup and know Post#647 well when taking any trade. This thread is not about TDI cross. If you still think this thread is about TDI cross then you are also one who is too stupid to be posting...
If this thread is not about the TDI crossover, what is it about then?

If you do respond, use only BigE's posts in this thread and please make sure you refer to other posts where TDI is not used or mentioned to explain this method.

Neither you nor Realjumper has explained why this thread is not about TDI green cross read.

Before I forget. Please post my TE to redicule me and while you do that explain to the readers why you are not having a live running TE linked to what you post in this thread.
Better just post a floating man when you have no valid answer to a valid question.
  • #118,298
  • Apr 29, 2021 5:18am Apr 29, 2021 5:18am
Quoting Tekkies
{quote}

1) If this thread is not about the TDI crossover, what is it about then?

2) If you do respond, use only BigE's posts in this thread and please make sure you refer to other posts where TDI is not used or mentioned to explain this method.

3) Neither you nor Realjumper has explained why this thread is not about TDI green cross read.

4) Before I forget. Please post my TE to redicule me and while you do that explain to the readers why you are not having a live...

hey Tekkies

welcome back posting.

you have been very quiet. we all know why. so there is no need for me to answer 4) ... now. Tomorrow is month end.

1) this thread is not just about trading TDI cross. It requires years of market knowledge and experience, like the OP he had 15 years trading the stock market and forex market. Also requires Money Management strategy and Mental Strategy to be a consistent successful profitable trader. To be consistent, you need to be a DISCIPLINED trader.

2) Big E's Post#647 made that very clear that you need to go back to babypips.com to learn what he considered to be forex basics.

Post#647 below:

Your safest trades will always be when green crosses red and you enter on candle 1 or 2... odds are in your favor. Why? Because I'm expecting 3-8 candles... which is average...

With bounce trades the odds are lower for your success... but it still works.

When wanting to enter a TDI trade... take a moment first to observe basic 4x things... like:

How close am I to the previous high or lo

Am I in an uptrend or downtrend.. short & long term...

Am I in or close to a consolidation area

Are the previous candles small...

Look at the candles on the last reversal... big, little, what

How does the momentum look right now (12-2, 4-6)

Does Stoch's confirm the TDI signal

Sounds like a lot of stuff but it's basic stuff and only takes a moment to observe it...

If you don't already know these things... don't trade live yet... www.babypips.com is a good place to learn about the basics of trading 4X.
,.


4) Please be patient and wait. I may change my mind later.

Take care!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,299
  • Apr 29, 2021 5:24am Apr 29, 2021 5:24am
Quoting tommydoginti
Hey folks. check out #118284 then #118294. be careful not to blindly follow. You will for sure lose money. Don’t let others become your liability in trade pursue. good luck everybody.

Hey folks

corrections to what @tommydogie aka TMS Guru posted above.

Read Post#11,284 to Post#118, 924 ... Do Not Miss any post in between #118,284 and #118,294 or else you will miss the how an experienced trader can trade multi-timeframe during the European - London sessions.

Remember this pic below

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,300
  • Apr 29, 2021 5:56am Apr 29, 2021 5:56am
Quoting emmanuel7788
{quote} hey Tekkies welcome back posting. you have been very quiet. we all know why. so there is no need for me to answer 4) ... now. Tomorrow is month end. 1) this thread is not just about trading TDI cross. It requires years of market knowledge and experience, like the OP he had 15 years trading the stock market and forex market. Also requires Money Management strategy and Mental Strategy to be a consistent successful profitable trader. To be consistent, you need to be a DISCIPLINED trader. 2) Big E's Post#647 made that very clear that you...
Nice try emmanuel
Pay attion to the wording:
"If you do respond, use only BigE's posts in this thread and please make sure you refer to other posts where TDI is not used or mentioned to explain this method."

You still have not referred to post where TDI is not used to indicate a possible entry.
-----
Unlike you I don't needed readers adoration to live.
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petkue