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Trading Made Simple

  • #120,481
  • Jun 11, 2021 12:05am Jun 11, 2021 12:05am
Quoting emmanuel7788
TMS Monitor EA H4 Tokyo 10AM, 6PM PDT Big E' local time - this is the first H4 I look at everyday - the next would by the Tokyo session 5-hours high-low {image} during this Sydney-Tokyo session 2 to 3 hours, I trade only AU, UJ and AJ. at this moment I do not see any SYD_2H trade opportunity.

TMS Monitor Jun 11 H4 10PM PDT ... Big E' 4hr trading candle

- its Friday, do not forget this.

- pick what you have in your trade plan,

- Without a Trade Plan, No Trade!

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Mon Jun11 H4 10PM PDT 11-6-2021 1-02-28 pm.png Size: 32 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,482
  • Jun 11, 2021 12:19am Jun 11, 2021 12:19am
Quoting Sammforeal
Good morning all and here is my chart setup as i have two basic problems that i have been grappling with of late to enable me be consistent in my trading, my philosophy is built around Big E's principle of simplicity and am sure we are all aware of KISS. So I try to declutter my charts as much as possible.

1. I find it difficult to stick to my plan of entering trades on the one hour chart when it agrees via a crossover between EMA 3 in white EMA 15 in red and with the four hour chart when a similar crossover occurs.

2. I am still trying to incorporate...
Big E was blind. He had glaucoma which damaged near 70% of his vision.
If you want to follow Big E' principle of simplicity, get a pair of glaucoma glasses from a optician and look at your charts.

1. You will not find a ema3/ema15 at the same candle close on H1 and H4. Should you see one, then that market condition is not suitable to trade.
You need to get the price action right and the TIMING for entry.
At the confirmed H4 closed with ema3/ema15 cross, look at the H1 price action, its ema3/ema15 would have crossed 2 to 3 bars before.

Attached Image (click to enlarge)
Click to Enlarge Name: Uj Jun11 H1 pipware 11-6-2021 12-44-48 pm.png Size: 65 KB


2. RSI breakout. Forget this for the being being. First you learn and master Big E' 5-Method before you can make it your Trading Made Simple.

Work on your trading DISCIPLINE which is key to CONSISTENCY.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,483
  • Jun 11, 2021 12:49am Jun 11, 2021 12:49am
Quoting Sammforeal
This here is an example of gold presently. Notice it has touched the upper side of the brown box and ideally it should fall down because the upper part signifies the overbought region for the day but sometimes it shifts up before it falls and that is where i have an issue with the brown box or breakout rsi. Note that i only take trades when the two timeframes agree which is why i arranged the charts side by side that is 4 hour chart and then the 1 hour chart. Thank you... {image}

when H1 RSI is in overbought region

look at H4 price action

when H4 RSI is in overbouight region

look for medhi343 Method_1 trade

confirm this with D1 RSI

https://www.forexfactory.com/thread/...ree-tdi-system


Method 1 :

At the beginning of the day, I will check all 28 pairs for possible entries based on the following rules:

BUY:

1) Stochastic : Should be over 80
2) TDI : a) Green should cross above the red line or show a rebound b) prefer that cross or rebound happened above the yellow line.

Sell:

1) Stochastic : Should be bellow 20
2) TDI : a) Green should cross bellow the red line or show a rebound b) prefer that cross or rebound happened bellow the yellow line.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,484
  • Jun 11, 2021 1:19am Jun 11, 2021 1:19am
Price Action DBLHC

- when there is this PA DBLHC , the TDI' RSI green price line will often show a good slope >4

DBLHC = Double Bars Low Higher Close

your job to become a TMS trader is to cultivate good trading habits that of a successful TMS trader? {here} and {here},

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Mon Jun 11 H1 FO DBLHC 11-6-2021 2-14-37 pm.png Size: 76 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,485
  • Jun 11, 2021 2:03am Jun 11, 2021 2:03am
Quoting emmanuel7788
{quote} TMS Monitor Jun 11 H4 10PM PDT ... Big E' 4hr trading candle - its Friday, do not forget this. - pick what you have in your trade plan, - Without a Trade Plan, No Trade! {image}
TMS Monitor Jun 11 H1

- Frankfurt Open FO provides the setup for London Open traders ...

- we are still in the 10PM H4 active candle with 2 hours running time.
Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Jun 11 at London Open 11-6-2021 3-00-35 pm.png Size: 36 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,486
  • Jun 11, 2021 2:06am Jun 11, 2021 2:06am
Quoting emmanuel7788
Price Action DBLHC - when there is this PA DBLHC , the TDI' RSI green price line will often show a good slope >4 DBLHC = Double Bars Low Higher Close your job to become a TMS trader is to cultivate good trading habits that of a successful TMS trader? {here} and {here}, {image}

EG Jun 11 H1 DBLHC

Attached Image (click to enlarge)
Click to Enlarge Name: EG Jun 11 DBLHC 11-6-2021 3-04-34 pm.png Size: 32 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,487
  • Jun 11, 2021 2:11am Jun 11, 2021 2:11am
Quoting emmanuel7788
{quote} EG Jun 11 Day Trading - potential intraday correction up to gray zone .. higher up ... DANGER if you use small stops. {image} I have these in mind all the time: The 5 Fundamental Truths of Trading by Mark Douglas 1. Anything can happen. 2. You don’t need to know what is going to happen next to make money. 3. There is a random distribution between wins and losses for any given set of variables that define an edge. 4. An edge is nothing more than an indication of a higher probability of one thing happening over another. 5. Every moment in...


Quoting emmanuel7788
{quote} EG Jun 11 H1 DBLHC {image}

EG Jun 11 H1

EP SL and TPs
Attached Image (click to enlarge)
Click to Enlarge Name: EG Jun 11 H1 DBLHC EP SL TP 11-6-2021 3-09-30 pm.png Size: 56 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,488
  • Jun 11, 2021 2:39am Jun 11, 2021 2:39am
Quoting emmanuel7788
{quote} EG Jun11 Daily SYD - caution with Weekly big candles highs and lows on Daily too! - your are in narrowing Weekly range! - caution Price Big Round Number 8600 - Daily Price Action setup candle BEEOB {image}
Attached Image (click to enlarge)
Click to Enlarge Name: EG Jun11 D1 pipware SYD 11-6-2021 8-28-08 am.png Size: 59 KB


IF EG H1 "collapses" at BRN 8600 during London session , it is back to our Daily chart trading plan sell...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,489
  • Jun 11, 2021 3:04am Jun 11, 2021 3:04am
Quoting emmanuel7788
{quote} EG Jun 11 Day Trading - potential intraday correction up to gray zone .. higher up ... DANGER if you use small stops. {image} I have these in mind all the time: The 5 Fundamental Truths of Trading by Mark Douglas 1. Anything can happen. 2. You don’t need to know what is going to happen next to make money. 3. There is a random distribution between wins and losses for any given set of variables that define an edge. 4. An edge is nothing more than an indication of a higher probability of one thing happening over another. 5. Every moment in...
sadly the market is in consolidation for long times these days,the market conditions are not as same as it was a decade back or it was in 2011.

it is very stressful t trade now a days.
  • #120,490
  • Jun 11, 2021 3:04am Jun 11, 2021 3:04am
TRADING 20 DIFFERENT TF IS NOT TMS. SO DON'T BELIEVE MISINFORMATION. Dr.DAVE SEND LOTS OF MISINFORMATION HERE. I AM NOT INTERESTED TO REPLAY HIM BUT TIME TO TIME I WILL UPDATE HIS MISINFORMATION.

HE IS REQUESTING ME TO VISIT HIS THREAD, I AM NOT INTERESTED ON THAT.
Attached Image
MA provides the market's current direction and strength.
  • #120,491
  • Jun 11, 2021 3:09am Jun 11, 2021 3:09am
Quoting T4Trade
{quote} sadly the market is in consolidation for long times these days,the market conditions are not as same as it was a decade back or it was in 2011. it is very stressful t trade now a days.

Big E our Op of this thread, with his 10+2+3 years trading experience,

he has answers to "all things" ... including this changing market conditions ... did he knew 10 years ago? NO!

but he told people this:

"Learn to tweek your strategy to stay up with changing market conditions.... "

now its your job to keep reading his posts and find when he said this.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,492
  • Jun 11, 2021 3:17am Jun 11, 2021 3:17am
Quoting hasib
TRADING 20 DIFFERENT TF IS NOT TMS. SO DON'T BELIEVE MISINFORMATION. Dr.DAVE SEND LOTS OF MISINFORMATION HERE. I AM NOT INTERESTED TO REPLAY HIM BUT TIME TO TIME I WILL UPDATE HIS MISINFORMATION. HE IS REQUESTING ME TO VISIT HIS THREAD, I AM NOT INTERESTED ON THAT. {image}

WTF? is MN2 MN4 MN8 MN16 .... 2months ... ... ... to 16months ????

Let's keep it simple and learn what Big E taught many people in FF.

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)


Attached Image
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,493
  • Jun 11, 2021 3:28am Jun 11, 2021 3:28am
Quoting hasib
TRADING 20 DIFFERENT TF IS NOT TMS. SO DON'T BELIEVE MISINFORMATION. Dr.DAVE SEND LOTS OF MISINFORMATION HERE. I AM NOT INTERESTED TO REPLAY HIM BUT TIME TO TIME I WILL UPDATE HIS MISINFORMATION. HE IS REQUESTING ME TO VISIT HIS THREAD, I AM NOT INTERESTED ON THAT. {image}
Really Hasib?
You post a Pm that was made a year ago and still complaining about it.

Don't you have better things to do with your time other then posting bullshit?

Incase you have notice, trading with expert advicers is not TMS, when are you going to post some snotty remarks about that?
  • #120,494
  • Jun 11, 2021 3:45am Jun 11, 2021 3:45am
Jun 11 H4 trading Big E' 2AM 4hr candle in about 15 minutes

EA Jun 11 H1 V19

- if you trade the dynamic entry, you would have some money in your bank already

- the TDI#25 still waiting for this H4 candle to close then update

Attached Image (click to enlarge)
Click to Enlarge Name: EA Jun 11 H4 V19 dynamic entry 11-6-2021 3-59-17 pm.png Size: 78 KB


WAIT 15 mins ...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,495
  • Jun 11, 2021 4:05am Jun 11, 2021 4:05am
Quoting emmanuel7788
{quote} TMS Monitor Jun 11 H4 10PM PDT ... Big E' 4hr trading candle - its Friday, do not forget this. - pick what you have in your trade plan, - Without a Trade Plan, No Trade! {image}
TMS Monitor Jun 11 H4 2AM PDT ... Big E' 4hr trading candle

- there are enough to pick and close at the next 4hr 6AM and have some pocket money for the weekend.

- just one 4hr candle trade

- pick one with low risk trading idea

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Jun11 H4 2AM PDT 11-6-2021 5-01-01 pm.png Size: 42 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,496
  • Jun 11, 2021 4:09am Jun 11, 2021 4:09am
Quoting emmanuel7788
{quote} {image} IF EG H1 "collapses" at BRN 8600 during London session , it is back to our Daily chart trading plan sell...

EG Jun 11 H1 London session

- GAME OVER!

- back to Daily Trade Plan


Attached Image (click to enlarge)
Click to Enlarge Name: EG Jun 11 H1 GAMe OVER 11-6-2021 5-08-06 pm.png Size: 57 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,497
  • Jun 11, 2021 4:14am Jun 11, 2021 4:14am
For those that have read BigE's posts, you know that he said the 5-method works on ALL TFs. However, he decided, for various reasons, a few of which he shared, why HE prefers H4 and D1. But you also know that he did NOT say to LIMIT YOURSELF to any specific TFs. He did not say to restrict yourself to using ONLY MT4 platform. He did not say that the 5-method cannot work if used on other platforms.

You also know that he said to develop your own personal system based on the 5-method. So, the fact that MT4 has a very limited number of TFs means that most people will develop a system using ONLY those limited TFs. But for the more astute learners, they recognize that there are other series of TFs that show more useful relationships between TFs that provide an edge over traders that use a limited number of TFs and/or use sub-optimal series of TFs. And these learners also are savvy enough to explore other platforms, especially those that have custom TFs available.

Sadly, we see in this thread that there are several closed minded posters that rather than opening their minds to the possibility of something that for them is OUTSIDE OF THEIR LITTLE BOXES, they go into attack mode and try to destroy this concept that they do not understand, and with no knowledge about it, declare it to be "evil" so that all others that are exposed to this heresy must immediately turn away from it.

Are you an explorer that is not afraid to undertake new journeys, or do you stay neatly packed into your comfort zone, merely accepting what others offer that have the same thinking as you have so as not to disturb your status quo?
To free Gazans of Hamas, use whatever it takes.
  • #120,498
  • Jun 11, 2021 4:20am Jun 11, 2021 4:20am
Quoting emmanuel7788
Jun 11 H4 trading Big E' 2AM 4hr candle in about 15 minutes EA Jun 11 H1 V19 - if you trade the dynamic entry, you would have some money in your bank already - the TDI#25 still waiting for this H4 candle to close then update {image} WAIT 15 mins ...
Attached Image (click to enlarge)
Click to Enlarge Name: EA Jun 11 H4 V19 dynamic entry 11-6-2021 3-59-17 pm.png Size: 78 KB


EA Jun 11 H4 2AM PDT ... update!

- follow price action ...

Attached Image (click to enlarge)
Click to Enlarge Name: EA Jun 11 H4 TDI turn around 11-6-2021 5-18-17 pm.png Size: 78 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,499
  • Jun 11, 2021 4:27am Jun 11, 2021 4:27am
Quoting emmanuel7788
{quote} TMS Monitor Jun 11 H4 2AM PDT ... Big E' 4hr trading candle - there are enough to pick and close at the next 4hr 6AM and have some pocket money for the weekend. - just one 4hr candle trade - pick one with low risk trading idea {image}

EU Jun 11 H4 2AM PDT ... Big E' 4hr candle

- sell BEEOB setup near the top of HA Master Candle High ..."resistance'

- Master Candle is one way to see CONSOLIDATION, when in CONSOLIDATION we trade in the lower TF H1 to pick a Price Action entry.

- day trading H1 .... Price Action is king!

Attached Image (click to enlarge)
Click to Enlarge Name: EU Jun11 H4 2AM sell BEEOB 11-6-2021 5-21-38 pm.png Size: 87 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,500
  • Jun 11, 2021 4:31am Jun 11, 2021 4:31am
Eur/Chf 15 min.. Any againts to bigE rules? TDI good angle Stoc confirms. I know down side a bit messy (support). Going well... Any comments?

(stopped out on profit)
Attached Image
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