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Trading Made Simple

  • #118,861
  • May 15, 2021 9:36am May 15, 2021 9:36am
EJ strong bull market. Look for buying opportunity.
stop using old and Bad momentum indicator TDI.
Attached Image(s) (click to enlarge)
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MA provides the market's current direction and strength.
  • #118,862
  • May 15, 2021 10:24am May 15, 2021 10:24am
I am not EW specialist, Infect I don't find EW works so well. Anyway if EW work like theory we could expect upcoming moves.
Currently price is walking BB.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_3.png Size: 47 KB
MA provides the market's current direction and strength.
  • #118,863
  • Edited 1:12pm May 15, 2021 12:51pm | Edited 1:12pm
Read this 3 post by emmanuel7788. I hope you will understand Better.



1. https://www.forexfactory.com/thread/...15#post7449015
2. https://www.forexfactory.com/thread/...62#post7449562
4. https://www.forexfactory.com/thread/...07#post7458907

People say read BIG E post, I recommend read Emmanuel old post too. you will learn many interesting ideas.
MA provides the market's current direction and strength.
  • #118,864
  • May 15, 2021 9:49pm May 15, 2021 9:49pm
Quoting trungnguyen3
{quote} Hi I am also facing the same situation. i copied and pasted it in the templates folder, but cant find 5ma, someone please help me . {image}
Hi

Simple: Use your trading platform' moving average with the correct setting.

It is 5 EMA ... Exponential Moving Average, Typical Price, Shift+2 or +3

Bi E's many posts on 5EMA not 5SMA

https://www.forexfactory.com/thread/...60#post4746960

https://www.forexfactory.com/thread/...52#post4586552

https://www.forexfactory.com/thread/...48#post4582948


https://www.forexfactory.com/thread/...81#post4546281

https://www.forexfactory.com/thread/...05#post4224805

https://www.forexfactory.com/thread/...86#post4157886

https://www.forexfactory.com/thread/...89#post4117089

And when you use the 5EMA, it can also be bonus when you look for best setups.

bonus means the TDI' RSI green price line slope and the 5EMA also show a slope like the TDI RSi price green line.

Post#1718
https://www.forexfactory.com/thread/...52#post4601752


It's very important that you read the OP's post and be metioculous and pay attention to every detail on his charts and what he wrote.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,865
  • May 15, 2021 9:53pm May 15, 2021 9:53pm
Quoting Tekkies
{quote} {quote} Download and use all files in post#25. els

{image}
Attached Image (click to enlarge)
Click to Enlarge Name: tekkies 5SMA error 16-5-2021 12-52-23 pm.png Size: 34 KB

attention - Wrong Information
Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies 118,860 16-5-2021 12-50-16 pm.png Size: 88 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,866
  • May 15, 2021 9:56pm May 15, 2021 9:56pm
Quoting hasib
Read this 3 post by emmanuel7788. I hope you will understand Better. 1. https://www.forexfactory.com/thread/...15#post7449015 2. https://www.forexfactory.com/thread/...62#post7449562 4. https://www.forexfactory.com/thread/...07#post7458907 People say read BIG E post, I recommend read Emmanuel old post too. you will learn many interesting ideas.

"basic 4x stuff" according to Big E' Post#647 which we must observe when trading his 5-Method.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,867
  • May 15, 2021 11:14pm May 15, 2021 11:14pm
Quoting emmanuel7788
{quote} "basic 4x stuff" according to Big E' Post#647 which we must observe when trading his 5-Method.
Are you testing any trading EA other than self-trading using TMS-5 method bro? I also want to learn about trading EA. Is it more comfortable and better than dealing with our hands, our eyes, our minds? Please give me advice brother !
- If yes, which EA are you testing? I already bought a vps, now looking for a good EA to run on a small account.I will let EA run 24/24/5 days.
  • #118,868
  • May 16, 2021 4:16am May 16, 2021 4:16am
Quoting mistdraw28
{quote} Are you testing any trading EA other than self-trading using TMS-5 method bro? I also want to learn about trading EA. Is it more comfortable and better than dealing with our hands, our eyes, our minds? Please give me advice brother ! - If yes, which EA are you testing? I already bought a vps, now looking for a good EA to run on a small account.I will let EA run 24/24/5 days.

Yes. I am running several EAs as trade managers for my trading systems. My trading systems are based on Big E' 5-Method - TMS-II, TMS-MEME, TMS_EVO and TMS_EVO_IX trading systems are all based on 5-Method core trading methodology.

My EAs do not trade automatically like trading robots. I initiate the trade and trade direction based on the Market Type conditions.

Good for you to start learning how to use EAs in your trading. Once you are proficient is running EAs, you can automate your systems with trade managers EAs. This way, you spend less time managing trades and spend more time in market analysis and look for trades.

For TMS-II you can use THV CaveManager or MPTM.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,869
  • May 16, 2021 4:24am May 16, 2021 4:24am
Quoting emmanuel7788
{quote} XAUUSD May 11 Daily UPdate: - it was nice feeling seeing it broke 1825 level. - now we must look at the 'woods and the trees' and the few levels above 1825 for possible targets. - at this time, there are many distractions in the different markets and liquidity flows between the markets. {image}
XAUUSD H1 review:

using 50EMA and 200EMA as dynamic support and resistance can also help us look for trade setups on H1.

when May 12 pulled back, we look for support to look for buy setups

- two good setups 5bars swing low at 200EMA and 5EMA
- and Previous Price Action PPA on Daily.

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD May14 D1 NYClose 16-5-2021 7-17-41 pm.png Size: 29 KB

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD M14 H1 NYClose 16-5-2021 7-18-31 pm.png Size: 66 KB


next week trading May 17 to 21: Buy Bias but beware of majors market and world events which can cause intra-week corrections.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,870
  • May 16, 2021 4:27am May 16, 2021 4:27am
Quoting emmanuel7788
US Retail Sales data in 20 mins. expect for some volatility to fill orders ... both ways, it wont change the market type USDJPY May 14 H4 {image}
UJ market type unchanged after US retail data

Attached Image (click to enlarge)
Click to Enlarge Name: UJ May14 5bars swing high USRetail sales 15-5-2021 10-18-16 am.png Size: 72 KB


Attached Image (click to enlarge)
Click to Enlarge Name: UJ Ma4h4 5BSWHigh zoom view 15-5-2021 10-20-57 am.png Size: 27 KB

something good next week!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,871
  • Edited 5:46am May 16, 2021 5:29am | Edited 5:46am
Quoting emmanuel7788
{quote} attention - Wrong Information {image} {image}
Hey, Knucklehead that is what the template (tpl) has in post#25.
The best part Emmanuel, BigE approved of that post in post#1.
Attached Image
Anyway, why bother with 5EMA?
Post#6
Entries and exits...
We Enter a trade when green crosses red on the TDI at the beginning of that candle...
If it's candle 3 or more don't enter... find another trade set up.
The only exception is if green bounces off red and continues... it's ok to re-enter on the bounce...

#49
HA candles average a 3-8 candle run in most cases when it reverses...
That's why I want to enter on candle 1 or 2 if I see a set up.
A single candle on the 4hr nets you 30-60 pips or more generally.
If it goes 3-4 candles you've already made 80-150 pips.

#307
I don't worry about PA crossing the 5 ema.
I totally depend on the TDI for my entry signals...
Always entering when green crosses red and only on candle 1 or two depending what the TDI shows... otherwise I pass and look for another set up

Post#718
At one time I used the 5ema in a different way. Back then if a candle closed across the 5ema it was the set up candle. I would enter the trade at the beginning of the next candle if it was the same color.... and that still works... this is more conservative...
I am more aggressive now and noticed I was giving up some pips doing it that way so I changed to using the TDI candle #1 or 2 for entries.
I left it on my chart because I like to see how PA interacts with the 5ema line during the trade.
Gives me a better feel for what's going on... that's mainly the reason...
  • #118,872
  • May 16, 2021 6:02am May 16, 2021 6:02am
Quoting Tekkies
{quote} Hey, Knucklehead that is what the template (tpl) has in post#25. The best part Emmanuel, BigE approved of that post in post#1. {image}Anyway, why bother with 5EMA? Post#6 Entries and exits... We Enter a trade when green crosses red on the TDI at the beginning of that candle... If it's candle 3 or more don't enter... find another trade set up. The only exception is if green bounces off red and continues... it's ok to re-enter on the bounce... #49 HA candles average a 3-8 candle run in most cases when it reverses... That's why I want to enter...
yes this is the foundation of this threat. all others belongs the craig harris stochastic method threat....
  • #118,873
  • May 16, 2021 6:05am May 16, 2021 6:05am
Quoting emmanuel7788
{quote} UJ market type unchanged after US retail data {image} {image} something good next week!
Can you share yours indicators with template which do you currently use?
  • #118,874
  • May 16, 2021 6:47am May 16, 2021 6:47am
Quoting Tekkies
{quote} Hey, Knucklehead that is what the template (tpl) has in post#25. The best part Emmanuel, BigE approved of that post in post#1. {image}Anyway, why bother with 5EMA? Post#6 Entries and exits... We Enter a trade when green crosses red on the TDI at the beginning of that candle... If it's candle 3 or more don't enter... find another trade set up. The only exception is if green bounces off red and continues... it's ok to re-enter on the bounce... #49 HA candles average a 3-8 candle run in most cases when it reverses... That's why I want to enter...

hey @Tekkies

https://www.forexfactory.com/thread/...2#post13523722


but you are one who is losing money


Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies TE Overview May05 SYD 5-5-2021 7-37-28 am.png Size: 111 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,875
  • May 16, 2021 6:51am May 16, 2021 6:51am
Quoting Tekkies
{quote} ...
I know that this method can be and is profitable. Unfortunately, I fail time and again to prove it. Maybe you can deliver the required results using only what BigE has posted.

Trade save.

hey @Tekkies

you admitted you failed in following Big E's posts in this thread.

Have Fun trading next week.

Trade Safe.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,876
  • May 16, 2021 6:54am May 16, 2021 6:54am
Quoting heifetz77
{quote} yes this is the foundation of this threat. all others belongs the craig harris stochastic method threat....
hey @heifert77

did you miss this?

foundation of this thread "Trading Made Simple" ... here is the link:

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...
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
  • #118,877
  • May 16, 2021 6:57am May 16, 2021 6:57am
Quoting Tekkies
{quote} Hey, Knucklehead that is what the template (tpl) has in post#25. The best part Emmanuel, BigE approved of that post in post#1. {image}Anyway, why bother with 5EMA? Post#6 Entries and exits... We Enter a trade when green crosses red on the TDI at the beginning of that candle... If it's candle 3 or more don't enter... find another trade set up. The only exception is if green bounces off red and continues... it's ok to re-enter on the bounce... #49 HA candles average a 3-8 candle run in most cases when it reverses... That's why I want to enter...
its' another of your newbie mistake

It is 5 EMA ... Exponential Moving Average, Typical Price, Shift+2 or +3

Bi E's many posts on 5EMA not 5SMA

https://www.forexfactory.com/thread/...60#post4746960

https://www.forexfactory.com/thread/...52#post4586552

https://www.forexfactory.com/thread/...48#post4582948


https://www.forexfactory.com/thread/...81#post4546281

https://www.forexfactory.com/thread/...05#post4224805

https://www.forexfactory.com/thread/...86#post4157886

https://www.forexfactory.com/thread/...89#post4117089

And when you use the 5EMA, it can also be bonus when you look for best setups.

bonus means the TDI' RSI green price line slope and the 5EMA also show a slope like the TDI RSi price green line.

Post#1718
https://www.forexfactory.com/thread/...52#post4601752
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #118,878
  • Edited 8:10am May 16, 2021 7:29am | Edited 8:10am
Quoting emmanuel7788
{quote} hey @Tekkies https://www.forexfactory.com/thread/...2#post13523722 but you are one who is losing money {image}
Please make an effort to post a update image.

EDIT: Where is your TE?
  • #118,879
  • Edited 10:40am May 16, 2021 7:37am | Edited 10:40am
Quoting emmanuel7788
{quote} hey @heifert77 did you miss this? foundation of this thread "Trading Made Simple" ... here is the link: Post#336 {quote} 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...

Yes you re right. Agree with you for fast learning yes... but just for that... These are still foundation and valid rules for this forum right?

Post#6
Entries and exits...
We Enter a trade when green crosses red on the TDI at the beginning of that candle...
If it's candle 3 or more don't enter... find another trade set up.
The only exception is if green bounces off red and continues... it's ok to re-enter on the bounce...

#49
HA candles average a 3-8 candle run in most cases when it reverses...
That's why I want to enter on candle 1 or 2 if I see a set up.
A single candle on the 4hr nets you 30-60 pips or more generally.
If it goes 3-4 candles you've already made 80-150 pips.

#307
I don't worry about PA crossing the 5 ema.
I totally depend on the TDI for my entry signals...
Always entering when green crosses red and only on candle 1 or two depending what the TDI shows... otherwise I pass and look for another set up

Post#718
At one time I used the 5ema in a different way. Back then if a candle closed across the 5ema it was the set up candle. I would enter the trade at the beginning of the next candle if it was the same color.... and that still works... this is more conservative...
I am more aggressive now and noticed I was giving up some pips doing it that way so I changed to using the TDI candle #1 or 2 for entries.
I left it on my chart because I like to see how PA interacts with the 5ema line during the trade.
Gives me a better feel for what's going on... that's mainly the reason...
  • #118,880
  • May 16, 2021 7:44am May 16, 2021 7:44am
Quoting emmanuel7788
{quote} its' another of your newbie mistake It is 5 EMA ... Exponential Moving Average, Typical Price, Shift+2 or +3 Bi E's many posts on 5EMA not 5SMA https://www.forexfactory.com/thread/...60#post4746960 https://www.forexfactory.com/thread/...52#post4586552 https://www.forexfactory.com/thread/...48#post4582948 https://www.forexfactory.com/thread/...81#post4546281...
No mistake Emmanuel, that is what is posted in post#25 and that is how I reposted that information.

You are the one at fault everyday because you ignore BigE's explicit request not to post about EA's and other stuff.
How many newbie mistakes is that on a daily base?

All this extra crap does nothing but confuse other traders and their success rate drops and they can't figure out why...

Everyone - Please stop adding anything... stick to the SIMPLE BASIC RULES.
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