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Trading Made Simple

  • #120,581
  • Jun 11, 2021 10:50pm Jun 11, 2021 10:50pm
Quoting emmanuel7788
{quote} hey @tommydog.. another Big E training chart, Weekly bounce trade: {quote} {image} amazing amount of pips for single entry / single exit.
You can compare to your entries this week which most of them are trading into swing highs and lows and price went against you and hit your trail SL.
Only reap profit of 10pips as partial trade, is a long way from catching up with the TMS.

I understand that the market condition has changed since 2011. You can look at it another perspective: How much of the swing can you catch with you entries?

You have a long way to learn. Good luck
  • #120,582
  • Edited 11:17pm Jun 11, 2021 11:01pm | Edited 11:17pm
Quoting tommydoginti
{quote} You can compare to your entries this week which most of them are trading into swing highs and lows and price went against you and hit your trail SL. Only reap profit of 10pips as partial trade, is a long way from catching up with the TMS. I understand that the market condition has changed since 2011. You can look at it another perspective: How much of the swing can you catch with you entries? You have a long way to learn. Good luck
Quoting tommydoginti
GU sell sell sell. TDI green cross red entry. Exit as price forming triple bottom on m5. Market in indecision condition, so just take the profit and wait for next setup. {image}{image}

I would rather focus on learning BigE's way of catching good TMS TDI cross/bounce entries.

I rather to catch the first 10pips of a swing then miss the rest of the swing, than to always getting in the late phase of swing, struggling to take 10pips and risking a complete reversal.
It is indication of me at a advantageous position and progress in practicing TMS

So I can trade with lower risk, and have room to further improve my profitability in a long run.
How about other traders? Which do you prefer?

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Quoting eelfranz
E-U Entry training Chart - Examples {image}
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  • #120,583
  • Jun 11, 2021 11:10pm Jun 11, 2021 11:10pm
Quoting emmanuel7788
{quote} {image} RED team trader: trade summary entries and exits {image}

To be honest, there is no meaning in competition in this Trading System Thread.
I have no question about your trading and have no intention to compete with you, not to mention you are not trading like BigE or me.

If you really want to make a comparison, here you go.

You traded 10 setups = 21 trades, mostly (0.48+0.32)=0.8 Lot, on 4 pairs

I traded 21 setups, mostly 0.15-0.3 Lot (you can check my trade sharing posts this week), only 1 pair (GU), Single entry/ single exit as of BigE


We have same number of trades this week, by lot size I was hoping you have 2-2.5x my profit.

But I am looking at entry accuracy (Most discussed by BigE and in this thread), so far we both got 100% (10/10 and 21/21). Good week for both of us

Keep on the good work Emmanual.

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  • #120,584
  • Jun 11, 2021 11:13pm Jun 11, 2021 11:13pm
Quoting emmanuel7788
{quote} Big E' Post#1: " 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. " Hey Folks Today Friday June 11, 2021 How many...

My objective in this thread is to learn and share how BigE's TMS 5-method works for me.

I respect this TMS thread and the OP (BigE) by following the below rules laid out by him. If I had another strategy, I would open a new thread

The way I practice TMS can be found in the following posts by BigE, not made up by me

1. TDI is heart of the TMS 5-method --- #261, #2617
All trades I share here are signaled by TDI green cross /bounce red

2. I work with time frames and time of day that suits me --- #644, #1170, #4470
I usually trade during work hour because of my privilege at my job which I have a lot of free time. Sometimes at night because it is London/NY market time when volatility is high. I like Lower Time Frame because I prefer quick-in-quick-out.

3. I use simple PA analysis that everyone can learn --- #276, #647
I prefer leading ones which I can anticipate TMS TDI cross/bounce setups to catch the swing in early stage like BigE demonstrated in his charts

4. Aligning with the discussion of this thread during BigE's time, entries are the main focus --- #495
If I have other aspect of trading to share, I would go to other related threads. I hope readers in this thread can receive concise and relative information in respective thread for efficient learning

5. I apply the correct use of TDI Green & Red lines --- #11
#11 has clearly shown that BigE refreshed his chart before viewing the chart. Traders who want to learn and practice the TMS should 1) refresh the chart before analysis, or 2) use a non-repainting TDI Green Red indicator. I chose the later.

6. Absolutely no EA --- #802
Two reasons: 1) To respect the thread rule. 2) If you need to rely on EAs to help you become profitable, i) Your trading skill is so-so at this stage, and ii) you will never learn the discretionary analysis that can further improve your trading skills

7. Most importantly, I participate the forum with respect --- #486


As member Kirinda and many other FF members mentioned in this thread, the aim of posting here is to adhere to the TMS strategy.
  • #120,585
  • Edited 5:39am Jun 12, 2021 2:15am | Edited 5:39am
Quoting emmanuel7788
{quote} hey @Tekkies we all know by you had another bad trading day on Friday Jun11 with another minus 23.0% using your M15 H1 Vline TDI cross. You are not trading original Big E TMS. do you have a plan how to recover this minus 23.0%? {image} I suggested many times that you read all Big E's posts . Now go back and start reading from Post#1 to Post#12,912. When you are done, then read this recent post...
No thank you.
I am happy and to deal with a condescending person like you is far worse then a TE that is on the wrong side of the equation.
At least the TE can go north and you will still remain stuck in a narcissistic rant.

To the right side team :
emmanuel:
ADMIT IT MAN! attacking others wont help. ACCEPT IT! this wont let you be better traders. I know that sometimes it's hard to admit things because of ego or the devil inside you that does not allow you to be a better person. That is your real fight that you should win so you can advance. Free yourselves from that devil and you guys will be better in trading and many other things. Peace

Other good example, would you not say so yourself:
WRONG Again! Your point is not important. You are still a newbie, you started in Feb 2021 and you are in the BLUE team. You still have not figure out what Big E' 5-Method is. I will explain it again.
  • #120,586
  • Jun 12, 2021 2:28am Jun 12, 2021 2:28am
Quoting tommydoginti
{quote} My objective in this thread is to learn and share how BigE's TMS 5-method works for me. I respect this TMS thread and the OP (BigE) by following the below rules laid out by him. If I had another strategy, I would open a new thread The way I practice TMS can be found in the following posts by BigE, not made up by me 1. TDI is heart of the TMS 5-method --- #261, #2617 All trades I share here are...
Well posted Tommy.

a Very comprehensive summery of BigE's posts in a nutshell.
  • #120,587
  • Jun 12, 2021 3:14am Jun 12, 2021 3:14am
Quoting tommydoginti
{quote} To be honest, there is no meaning in competition in this Trading System Thread. I have no question about your trading and have no intention to compete with you, not to mention you are not trading like BigE or me. If you really want to make a comparison, here you go. You traded 10 setups = 21 trades, mostly (0.48+0.32)=0.8 Lot, on 4 pairs I traded 21 setups, mostly 0.15-0.3 Lot (you can check my trade sharing posts this week), only 1 pair (GU), Single entry/ single...
You [Vincent] traded 10 setups = 21 trades,
Actually, we don't know what he traded because there is no Trade Explorer. All we saw were some screen captures that we are expected to accept as "true", when the reality is, it is quite easy to produce a report using cherry picked trades.

You can be sure if the complete record were posted, the results would be more in line with his average success rate of 65%.

He posted what he posted to give himself much needed ego strokes.
To free Gazans of Hamas, use whatever it takes.
  • #120,588
  • Jun 12, 2021 3:21am Jun 12, 2021 3:21am
Quoting Tekkies
{quote} Well posted Tommy. a Very comprehensive summery of BigE's posts in a nutshell.
Indeed! Tommydoginti's post should be copy-pasted at least weekly for the benefit of new readers that tend to "skip to the end".
To free Gazans of Hamas, use whatever it takes.
  • #120,589
  • Jun 12, 2021 3:45am Jun 12, 2021 3:45am
Quoting tommydoginti
{quote} {quote} I would rather focus on learning BigE's way of catching good TMS TDI cross/bounce entries. I rather to catch the first 10pips of a swing then miss the rest of the swing, than to always getting in the late phase of swing, struggling to take 10pips and risking a complete reversal. It is indication of me at a advantageous position and progress in practicing TMS So I can trade with lower risk, and have room to further improve my profitability in a long run. How about other traders? Which do you prefer? {image} {quote} {image}
Hi tommy.

I like the Big E way......

but here is the trick. 77 is teaching the Big E way these days. He is citing his work. If I can go back to a post that the OP posted which 77 elaborated on, I fail to see the conflict. The TDI is the heart of the system for a reason.

To me it is like Ickimoku simplified. You are looking for two signals, either a strong enough impulse bar to make the TDI respond in the desired manner, or a bounce trade, which does often happen after a cross too weak to act upon initially.

I think some of you are getting into the weeds here a bit. It really is simple. If you have to squint to see the cross, it is not there, keep an eye on it for a bounce trade.

As far as the EA goes, if 77 is not charging for it, then it is just another tool in the arsenal. I hate stealth vendors and have a tendency to hunt them if I find them, but 77 has not shown any of these things as of late.

He is citing his work, and his tools are free, what is the trouble?
If you are good at something, never do it for free--Joker
  • #120,590
  • Jun 12, 2021 4:46am Jun 12, 2021 4:46am
Quoting jmn5611
{quote} Hi tommy. I like the Big E way...... but here is the trick. 77 is teaching the Big E way these days. He is citing his work. If I can go back to a post that the OP posted which 77 elaborated on, I fail to see the conflict. The TDI is the heart of the system for a reason. To me it is like Ickimoku simplified. You are looking for two signals, either a strong enough impulse bar to make the TDI respond in the desired manner, or a bounce trade, which does often happen after a cross too weak to act upon initially. I think some of you are getting...
Same feeling as when you started your thread on Trading Made Simple.

I actually have no issue with Emmanual at all, I think he has an issue with people here instead.

I come in good intention, I have already explained my analysis on the TDI (and EAs) repainting issue and #11. It is also an objective description of the trade entries.

Hope you should see the difference between mindless bickering and correction of misconceptions.

Trade Well.

Quoting jmn5611
{quote} Thanks Chris, Big E fought a constant fight with people altering the rules and using additional indicators as trade triggers. I should have done this quite some time ago. Big E TMS traders haven't had a thread for a long time.
  • #120,591
  • Jun 12, 2021 5:01am Jun 12, 2021 5:01am
Quoting tommydoginti
{quote} {quote} I would rather focus on learning BigE's way of catching good TMS TDI cross/bounce entries. I rather to catch the first 10pips of a swing then miss the rest of the swing, than to always getting in the late phase of swing, struggling to take 10pips and risking a complete reversal. It is indication of me at a advantageous position and progress in practicing TMS So I can trade with lower risk, and have room to further improve my profitability in a long run. How about other traders? Which do you prefer? {image} {quote} {image}
I got PM inquiry on how to setup the TMS chart on TradingView.

Stoch and 5ema are optional indicator and they are built-in indicator available on Trading View.

TDI Red/Green line: They are in fact RSI(13) MA(2) and MA(7), You can verify it by looking at source code of TDI Green Red .mt4 source code.
You can use the "TDI - Traders Dynamic Index by TuanLouis" by searching for this name in the Trading View Public library.

For HA candles, I recommend to overlay HA candles on traditional candlestick chart just like doing it on MT4.
To do so, search for "Heikin Ashi by Garethyeo" in the public library.

TradingView has one advantage of non-repainting indicators stays non-repainting, unlike MT4 where you need coding tricks to overcome it. Therefore, you do not need to follow #11 and refresh the chart everytime when new candle forms for correct analysis

Trade well

(I also juxtapose a coded TMS-TDI)
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  • #120,592
  • Jun 12, 2021 5:30am Jun 12, 2021 5:30am
Quoting tommydoginti
TDI Red/Green line: They are in fact RSI(13) MA(2) and MA(7)
Thank you tommydoginti. Instead of posting blah-blah-blah and pathetic bullshit like others you are the only one who understands how TDI works.

BTW, you can use TDI by eleccrypto, it is the same but the lines are colored. For me they are more visual. But that one you have is great too.

Also I have found that the entry can be confirmed with reverse or/and engulfing candle. The probability rise.
(on my chart red/green triangles = reverse candle, candle red/green = engulf).

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BTW if compare with moving averages TDI is much faster. So the entries are not late as using MA.
Observer effect
  • #120,593
  • Jun 12, 2021 5:35am Jun 12, 2021 5:35am
Quoting tommydoginti
{quote} Same feeling as when you started your thread on Trading Made Simple. I actually have no issue with Emmanual at all, I think he has an issue with people here instead. I come in good intention, I have already explained my analysis on the TDI (and EAs) repainting issue and #11. It is also an objective description of the trade entries. Hope you should see the difference between mindless bickering and correction of misconceptions. Trade Well. {quote}
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And as a little reminder, jmn5611 posted that nearly 7 years ago! And sadly, the TMS thread has simply continued to deteriorate, with one member in particular hell-bent on sowing his weed seeds and nurturing them to the point that the wheat that BigE planted and cared for has been nearly choked out by the weeds.

And those that attempt to eradicate the weeds, or at least have them moved to a new plot, in order to let the wheat flourish are accused of mindless bickering and worse.
To free Gazans of Hamas, use whatever it takes.
  • #120,594
  • Jun 12, 2021 5:39am Jun 12, 2021 5:39am
Quoting ryuryu
{quote} Thank you tommydoginti. Instead of posting blah-blah-blah and pathetic bullshit like others you are the only one who understands how TDI works. BTW, you can use TDI by eleccrypto, it is the same but the lines are colored. For me they are more visual. But that one you have is great too. Also I have found that the entry can be confirmed with reverse or/and engulfing candle. The probability rise. (on my chart red/green triangles = reverse candle, candle red/green = engulf). {image} BTW if compare with moving averages TDI is much faster. So...
Thanks for more suggestions ryuryu,

I replied Jmn previously that engulfing candles and outside bars overlap the TDI signal as they are representing the same price movement event. Thus I don't use it and notice that BigE never referred to those.

I see on your chart most TDI crosses you indicated are accompanied by an EB / OB but obviously not all of them are tradable setups. What is your opinion on this?

Quoting tommydoginti
{quote} Hi Jmn you are correct. TDI cross and bounce are triggers and confirmation but confluences come from PA analysis. however, you do know that if HA candles forms an engulfing or outside bar, the TDI always cross? The two signals overlap each other. So I don’t see BigE used that.
  • #120,595
  • Jun 12, 2021 5:57am Jun 12, 2021 5:57am
Quoting jmn5611
{quote} Hi tommy. I like the Big E way...... but here is the trick. 77 is teaching the Big E way these days. He is citing his work. If I can go back to a post that the OP posted which 77 elaborated on, I fail to see the conflict. The TDI is the heart of the system for a reason. To me it is like Ickimoku simplified. You are looking for two signals, either a strong enough impulse bar to make the TDI respond in the desired manner, or a bounce trade, which does often happen after a cross too weak to act upon initially. I think some of you are getting...
Your thread
Post 1: 2. If you do not follow the rules as spelled out by Big E, your post and chart will be deleted and you will be banned.

BigE's thread
Post 802:
OK Gang..... I've already posted I don't want anything to do with an EA for this method... so someone puts one on a post... STOP.
Anyone using it will lose money because they can't think like you.... and you will be put on the Ignore list... Can I make it plainer than that?
2 people have lost their privelage to post ever again just today... I'm serious...

What are BigE's rules regarding EA's, Jmn?

For what it is worth, why do you endorse members wrongful action's.
  • #120,596
  • Jun 12, 2021 6:01am Jun 12, 2021 6:01am
Quoting DrDave
{quote} You [Vincent] traded 10 setups = 21 trades, Actually, we don't know what he traded because there is no Trade Explorer. All we saw were some screen captures that we are expected to accept as "true", when the reality is, it is quite easy to produce a report using cherry picked trades. You can be sure if the complete record were posted, the results would be more in line with his average success rate of 65%. He posted what he posted to give himself much needed ego strokes.
"traded 10 setups = 21 trades, "

hey FakeDrDave aka DrDick

you create fake data to spin another story as usual.

there were no 10 setups on Friday Jun 11 2021.

Do you know what TMS 5-Method trade setups are in the first place?

It is very simple, just it is One, Two and Three.

Do not confuse with price action 1-2-3 and 2b type of price action setups.

When you see 1-2-3 or the 2b price action setup, you must already know where support and resistance levels are and the market type conditions.

All price action setups must be confirm with APB/HA candles and the 5EMA. This is very important when you trade Big E' 5-Method.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,597
  • Jun 12, 2021 6:04am Jun 12, 2021 6:04am
Quoting tommydoginti
{quote} I got PM inquiry on how to setup the TMS chart on TradingView. Stoch and 5ema are optional indicator and they are built-in indicator available on Trading View. TDI Red/Green line: They are in fact RSI(13) MA(2) and MA(7), You can verify it by looking at source code of TDI Green Red .mt4 source code. You can use the "TDI - Traders Dynamic Index by TuanLouis" by searching for this name in the Trading View Public library. For HA candles, I recommend to overlay HA candles on traditional candlestick chart just like doing it on MT4. To do so,...
Thankyou for clean explanation...
  • #120,598
  • Jun 12, 2021 6:07am Jun 12, 2021 6:07am
PM Q&A time

Q. - what is Tokyo_5h ?

- is this the Asian channel in the old thread?

- how do you trade the Tokyo_5h

A.

1) it is TOK_5H and you will find the description pdf and indictator in Post#34,808

2) TOK_5H is not the Asian channel or Tokyo channel used by Craig Harris.

3) How to trade the TOK_5H high-low is in the pdf.

This is to help us look for more trade opportunities when day trading.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,599
  • Jun 12, 2021 6:13am Jun 12, 2021 6:13am
Quoting snarlyjack
Eelfranz, THIS HISTORY SHOULD BE PLACED ON PAGE #1. Here is a brief history of the "Trading made simple by Eelfranz". ... snarlyjack

Post#110 by one of the pioneer member who was with Eric aka Big E.

April 27, 2011:

Eelfranz,

THIS HISTORY SHOULD BE PLACED ON PAGE #1.

Here is a brief history of the "Trading made simple by Eelfranz".

When I first met Eelfranz we were studying the system "The
Stochastics Secrets 9-1-2008 by Red Trader". We were evaluating
all the possible ways of trading using Stochastics.

Which led to Craig Harris method 12-11-2009 of different possible
ways of using the Stochastics. Basically stochastics 8-3-3 using
a 15 minute chart with support and resistance.

Which led us to Synergy System with Dean Malone 1-1-2010. And
the finding of the TDI (Traders Dynamic Index) as the main indicator
not the stochastics. Using the stochastic as a secondary indicator.
Also using 1 hour, 4 hour daily charts. Which was new to me because
I was using the 5 minute and 15 minute charts.

Which led to the 5 system (Eelfranz) 1-1-2011 which is the
Trading Made Simple System on the main Forex Factory System
Section. Which is using the TDI indicator as the main indicator
not stochastics with the Ema 5 (typical) shift +3.

So in my mind 9-1-2008 to today 4-26-2011 (2 1/2 years in the making)
all in the search of greater profits with a simple system that is easy
to understand. We are here sharing with our fellow traders at Forex
Factory what we have come up with to be more successful.

If anyone in the future... is interested they can go to the
search function and search our posts starting with Red Trader and
the secrets of stochastics. In my mind this system has been a long
time in the making with hundreds of posts. We felt that it would
be easier for everyone to start a new heading on page 1 without having
to go through hundreds of old posts starting 9-1-2008.

Also I would like to thank Eelfranz for this wonderful learning journey
2 1/2 years and counting. Someone told me "how long is that string
that your pulling on at forex factory in the learning process". For me
it's been 2 1/2 years and still going strong. I've always had the
position of learn as much as you can because the economy is falling
apart and this just might be your next fulltime job so you better
learn. Also forex factory members have been great. Traders learning
from traders free...what could be better...

So once again a big Thank You to everyone and now you know!!!

snarlyjack
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,600
  • Edited 6:34am Jun 12, 2021 6:22am | Edited 6:34am
Quoting tommydoginti
I see on your chart most TDI crosses you indicated are accompanied by an EB / OB but obviously not all of them are tradable setups. What is your opinion on this?
Sorry what is EB / OB?

I trade it like... it must match several criteria.

1. It must be tradable session: London open -> NY+3H max
2. TDI cross must match with Stoch/Reverse Candle/Engulfing Candle (or both)
3. TDI must be on top or on bottom as well and to cross opposite

1 & 3 is BIG E approach, 2 is BIG E too about Stochastic, but here I add a mix of TA and Price action (Reverse Candle and/or Engulfing Candle).

Blue boxes and then box with green line and red line (on the chart) are Asian session HL and then Trading Hours (London + NY+2H)

So first short is ok, it was on Trading Hours, it was elgulf for short, it was maroon MMAR (20 moving averages), TDI cross middle with good distance (angle).

2nd was not it was out of Trading Hours range.
3rd was not it was out of Trading Hours range.

#4 was not ok, because TDI cross down lower than middle line.
#5 the same, not ok (but it was very good, but who knows that it will be that)

#6 was ok, everything was ok.

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In this example everything is just fine, there are no fake entries. But in fact there will be some anyway.
Observer effect
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