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Trading Made Simple

  • #120,601
  • Jun 12, 2021 6:28am Jun 12, 2021 6:28am
Quoting emmanuel7788
{quote} PM Q&As Q. is it possible that one can build a system based on multiple timeframe analysis using only 4 hours and 1 hour? A. YES, you can. 1)And you still need to know the market type condition whether it is Trending, Sideways Wide Range or Sideway Narrow Range. Weekly Top Down Analysis will help you determine the Market Type. 2)You also need to know the Big Picture with historical price swing levels. 3) The Swing High / Swing Low on the H4 is very important when you want to use only H4 and H1. For Swing High / Swing Low, go to these old...
Hi EMM
If traders don't understand Market conditions transitions, Before understanding the market conditions they will lose a lot.
MA provides the market's current direction and strength.
  • #120,602
  • Jun 12, 2021 6:35am Jun 12, 2021 6:35am
Quoting emmanuel7788
{quote} PM Q&As Q. is it possible that one can build a system based on multiple timeframe analysis using only 4 hours and 1 hour? A. YES, you can. 1)And you still need to know the market type condition whether it is Trending, Sideways Wide Range or Sideway Narrow Range. Weekly Top Down Analysis will help you determine the Market Type. 2)You also need to know the Big Picture with historical price swing levels. 3) The Swing High / Swing Low on the H4 is very important when you want to use only H4 and H1. For Swing High / Swing Low, go to these old...
PM Q&As

Q. Hello Emmanuel, Now i understand you aren't being biased about the TDI. I'm an issue trading with it. But it seems you have a hang of it from the results you post on the TMS thread. Could you please teach me your trading setups/ How you filter bad entries on the TDI and how you get such good results with it?
Thanks and Happy green trading,

A. Friday Jun11 trades were based on the market type - sideways narrow range and I trade H1. You can read starting on Page 6024 Post#120,462 to Post#120,562.

The result was for trading H1 on Friday Jun 11 only, and trade setups were based on Daily and H4 Price Action. There were only 5 trade setups and the 21 trade exits.
Trade Management was done on H1 reason is that I use THV CaveManager feature CSTSL and this perform better when moving SL and TSL. Trades usually make the full swing run and would be stopped out when H1 candles become small.

Attached Image (click to enlarge)
Click to Enlarge Name: TMS trades Jun 11 4h and H1 12-6-2021 2-36-35 am.png Size: 39 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,603
  • Jun 12, 2021 6:42am Jun 12, 2021 6:42am
Quoting ryuryu
{quote} 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)...

Big E used simple description for reversals -

he was one of the early students of a stock trading coach named Lance Beggs, who trade naked charts with Japanese candles.
A lot of the words and terms Big E used were from another well know trading coach.... the 12-2 and 4-6 were not used on the TDI which did not exist then.
But these describe his visual view of lines on charts.

Post #647
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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,604
  • Jun 12, 2021 6:45am Jun 12, 2021 6:45am
Quoting hasib
{quote} Hi EMM If traders don't understand Market conditions transitions, Before understanding the market conditions they will lose a lot.

very true.

even when they understand and can recognize the market conditions , most will still not make money.

this is the brutal HARD TRUTH about trading the markets.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,605
  • Jun 12, 2021 6:58am Jun 12, 2021 6:58am
Quoting emmanuel7788
{quote} "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...
As usual, Vincent, you get another FAIL for reading comprehension: I did not write "traded 10 setups"--that was in the direct quote of ANOTHER person's post!!!

No wonder you have such poor trading results with TMS, and it took you 9+ long years for that, when you cannot even do a simple bit of reading and understanding of English. Just as in deciding to make a trade or not, examine things before you pull the trigger. So, try examining what someone has posted, then formulate a response, then EXAMINE THE DETAILS and decide if you should pull the trigger or not. Keep the kneejerking at the doctor's office or the hospital.
To free Gazans of Hamas, use whatever it takes.
  • #120,606
  • Jun 12, 2021 7:02am Jun 12, 2021 7:02am
Quoting Tekkies
{quote} 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...
@Tekkies

In life you have to learn to accept things you do not have the power to change.

Be happy ... just move on. Work on your own trading and learn from all the trading mistakes and do not repeat the same mistakes you made in all 5 years.

Get rid of your self-sabotage.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,607
  • Jun 12, 2021 7:06am Jun 12, 2021 7:06am
Quoting DrDave
{quote} As usual, Vincent, you get another FAIL for reading comprehension: I did not write "traded 10 setups"--that was in the direct quote of ANOTHER person's post!!! No wonder you have such poor trading results with TMS, and it took you 9+ long years for that, when you cannot even do a simple bit of reading and understanding of English. Just as in deciding to make a trade or not, examine things before you pull the trigger. So, try examining what someone has posted, then formulate a response, then EXAMINE THE DETAILS and decide if you should pull...

@FakeDrDave aka DrDick

You would simply pick up people's diarrhea left on the floor and eat them like dog food.

This is how you spin stories with just a few words and from your delusional mind listening to voices inside your head.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,608
  • Jun 12, 2021 7:06am Jun 12, 2021 7:06am
Quoting emmanuel7788
{quote} PM Q&As Q. is it possible that one can build a system based on multiple timeframe analysis using only 4 hours and 1 hour? A. YES, you can. 1)And you still need to know the market type condition whether it is Trending, Sideways Wide Range or Sideway Narrow Range. Weekly Top Down Analysis will help you determine the Market Type. 2)You also need to know the Big Picture with historical price swing levels. 3) The Swing High / Swing Low on the H4 is very important when you want to use only H4 and H1. For Swing High / Swing Low, go to these old...
is it possible that one can build a system based on multiple timeframe analysis using only 4 hours and 1 hour?
Sure you can. But don't expect it to be very successful. Unless you are not a typical retail trader, you'll need to have exceptional money management, because using only 2 TFs as "multi-timeframe" leaves out a tremendous amount of valuable information for assessing trade setups.

And, just reading Vincent's response, he contradicts himself! First, he says yes, but then he goes on to say that IN ADDITION to your selected H1/H4 TFs, you also need AT LEAST the Weekly TF!!!!
To free Gazans of Hamas, use whatever it takes.
  • #120,609
  • Jun 12, 2021 7:11am Jun 12, 2021 7:11am
Trade Management Issues
Beginning traders assume that catching the end of a trend is a profitable trade because the market will reverse into a trend in the opposite direction. This is the classic “buy the low or sell the high,” which, though emotionally gratifying when it works out, can be very challenging to execute. First, this outcome is fairly rare; many trends end by transitioning into trading ranges. As the market chops sideways in the ensuing range, there are no outsized profits, and aggressive traders may even find themselves taking multiple small losses as they continue to try to position for the major trend change that never comes. In addition, most of these ranges, especially if they are able to hold and consolidate somewhere in the neighborhood of the previous trend extreme, are more likely to be trend continuation than reversal patterns on the higher time frame. It certainly is possible to trade these trend terminations into trading ranges profitably, but doing so demands lower expectations; sometimes small trades within the range may be all the market offers. Once a position has been established in a suspected trend termination, the first thing to look for is confirmation that the trend has indeed terminated. Usually, this is not difficult: if an uptrend terminates, the market will stop going up, and vice versa for a downtrend. However, this somewhat tongue-in-cheek observation ignores the cases where the trend extreme is retested or perhaps even slightly exceeded in the developing trading range. It is important to monitor price action in order to separate trend continuation from these brief tests of trading ranges; in general, failure patterns such as springs and upthrusts mark the tests in successful trend terminations. The presence of strong momentum beyond the previous trend extreme is an undeniable sign that the trend is continuing.

Once the trend termination has been successfully identified, it is important to take higher time frame market structure into consideration. The trading time frame trading range will eventually terminate, but is an exit from one direction more likely than the other? On the trading time frame and lower time frames, the range will probably be volatile, noisy, and more or less random—extremely difficult to read. On a higher time frame, structures like this usually resolve into either continuation or reversal patterns in that higher time frame trend, so it is sometimes possible to tilt the odds in favor of one resolution or the other. For instance, imagine that a trading time frame trend terminates into a trading range, the higher time frame has shown multiple trend legs in the same direction, and the higher time frame is now overextended and is showing a momentum divergence. These higher time frame factors would suggest that the trading time frame range is more likely to be a reversal pattern, and this has obvious implications for how a trade in should be managed. However, a trend on the trading time frame may terminate into a range that is a simple with-trend consolidation on the higher time frame. Pressing trades against that higher time frame trend is usually a bad idea, as that trend is very likely to reassert itself and at least make an attempt at another trend leg. A very common pattern here is to see the trading time frame range create a complex, two-legged pullback on the higher time frame. For instance, if the higher time frame is in an uptrend and the trading time frame rolls over into a range that holds near the extreme of that trend, shorting below the bottom of such a range is exactly the wrong trade on the higher time frame. The only reasonable trade is buying the bottom of the complex pullback, whether establishing longs or covering countertrend shorts. If a successful short in this range is not covered at the lows in an attempt to allow for more market volatility in a potential breakdown, this is fine, but once the market turns higher and the higher time frame trend seems to be regaining control, any remaining profits must be protected aggressively. There is nothing worse than correctly identifying a trend termination, correctly executing countertrend trades at exactly the right time, watching them grow to nice profits, and then aggressively adding to those positions at the point you should be taking profits. Errors like this can make the difference between a successful and a failed trading career.
MA provides the market's current direction and strength.
  • #120,610
  • Jun 12, 2021 7:58am Jun 12, 2021 7:58am
Quoting Tekkies
{quote} 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...
Dude, stop distorting my post i know perfectly to whom im adressing those words.
  • #120,611
  • Jun 12, 2021 8:58am Jun 12, 2021 8:58am
Quoting emmanuel7788
{quote} @FakeDrDave aka DrDick You would simply pick up people's diarrhea left on the floor and eat them like dog food. This is how you spin stories with just a few words and from your delusional mind listening to voices inside your head.
Hey Vincent, another of your typical posts that has zero connection to the subject matter that you quoted. Good work at continuing to clutter the TMS thread with irrelevant trash, as well as your continued Code of Conduct violations.

And it is interesting to see that your delusional mind is still running at its usual warp speed beyond reality, with all of those imaginary PMs. If you want people to believe they are real, at least copy a real PM and then photoshop it like you do with other material instead of just posting made up text.
To free Gazans of Hamas, use whatever it takes.
  • #120,612
  • Jun 12, 2021 9:19am Jun 12, 2021 9:19am
Quoting emmanuel7788
{quote} @FakeDrDave Yes. There is a contradiction between two different voices inside your one head. You need to turn off one ... better take your weekend medication and have both voices turned off. But you will still have the same problem i.e. hatred will trigger you again and again and again. Just wait for your next post which will prove me right. Be patient folks. I told you weekend is always worst then weekdays. Come month end we will witness another episode.
Hey folks, if you're getting tired of have to wade through Vincent's incessant posts that have nothing to do with the subject of the TMS thread, and that are Code of Conduct violations, such as post#120614, it is a simple matter to click Cleanup and file a report. If enough concerned members file a report, you may get at least a temporary respite from the daily flood of such material from him.
To free Gazans of Hamas, use whatever it takes.
  • #120,613
  • Jun 12, 2021 9:48am Jun 12, 2021 9:48am
Quoting ladharimoham
{quote} Dude, stop distorting my post i know perfectly to whom im adressing those words.
Read some old posts before you judge incorrectly.
Post 85,739
I'm sure that you have something to offer in this thread, just stop trying to be the boss man of the thread and belittle anyone who you think is taking any of the spotlight from you. You did this to Lastingwell, griffinssoul amoung others, you still do it Davit with your snide innuendo and you have done it many others over the years. They have left, which leaves you as the big fish in the little pond.

One more Post 83,220 , you will find many of like them scattered through out this thread over the years.
  • #120,614
  • Jun 12, 2021 11:13am Jun 12, 2021 11:13am
Quoting Tekkies
{quote} Read some old posts before you judge incorrectly. Post 85,739 I'm sure that you have something to offer in this thread, just stop trying to be the boss man of the thread and belittle anyone who you think is taking any of the spotlight from you. You did this to Lastingwell, griffinssoul amoung others, you still do it Davit with your snide innuendo and you have done it many others over the years. They have left, which leaves you as the big fish in the little pond....
It's worthwhile for the readers to have the text of the posts in front of them.
Note that Post#83220 is from November, 2017, so Vincent's current behavior is not something new--it's simply typical.
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To free Gazans of Hamas, use whatever it takes.
  • #120,615
  • Jun 12, 2021 11:22am Jun 12, 2021 11:22am
Quoting DrDave
{quote} It's worthwhile for the readers to have the text of the posts in front of them. Note that Post#83220 is from November, 2017, so Vincent's current behavior is not something new--it's simply typical. {image}
And so Vincent's poor behavior continues, and January, 2018, another member provides an apt description of Vincent's typical behavior with post#85739.
Attached Image (click to enlarge)
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Note that there are plenty of similar posts by members that go much further back in time. But knowing that few readers have actually read much of the thread, few realize that Vincent was hijacking the thread shortly after BigE died, and was disrespecting BigE's wishes by posting and discussing other indicators, EAs, etc. This is the major area where he actually shows consistency--consistently disrespects BigE and the TMS thread day-after-day, week-after-week, month-after-month, year-after-year.
To free Gazans of Hamas, use whatever it takes.
  • #120,616
  • Jun 12, 2021 11:28am Jun 12, 2021 11:28am
Alright. I think we should be focusing on trading the TMS system.

Twee and his team is definitely devoting much of their time and effort in managing the FF forum and ensure top-notch content management. I think they have given a fair warning that breach of FF codes of conduct is not allowed, even for senior members.

Green pip everyone.

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  • #120,617
  • Jun 12, 2021 11:37am Jun 12, 2021 11:37am
Quoting tommydoginti
Alright. I think we should be focusing on trading the TMS system. Twee and his team is definitely devoting much of their time and effort in managing the FF forum and ensure top-notch content management. I think they have given a fair warning that breach of FF codes of conduct is not allowed, even for senior members. Green pip everyone. {image}
Thanks for posting that. I have Vincent in my Ignore list, so I don't see a post heading like that.

Good to see that the Admin are at least recognizing CofC violations and hiding the posts.

Now I can get back to posting something related to the 5-method.
To free Gazans of Hamas, use whatever it takes.
  • #120,618
  • Jun 12, 2021 11:39am Jun 12, 2021 11:39am
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...

I got an inquiry concerning how I handle trading with a full time job.

For me, trading is more of a hobby and research which I do when I have time. As mentioned, my job is not labor-based so I can have idle time during work hours. I spend some of the free time during work and at night (Evening in HK is LO/NY market time) when good opportunities are forming and I keep an eye out.
If I have days off or activities like meal gatherings, I would not trade. It is also my preference of not staying in market long, thus day trading at low time frames.

In the quoted post, I mentioned,
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.


Now, for those who cannot spare much time in their job, they can i) trade during time of day that is free like evening. or,
BigE has a solution.

#277 by 2scoops
I have that problem at work its too tempting to remote to my PC at home and keep checking the trade, i'll get fired at this rate.

#281 by BigE
Don't get fired (from work) ! Just make the necessary transition to trading 4hr charts during the London session... or Daily charts.

BigE's suggestion can help full time workers to focus on their work, and with HTF trading, the pace of trading is significantly lowered and for some, less stressful.

Eventually it is down to your preference and availability to trade whatever timeframe or time of the day to fit your daily schedule.


Trade well and good night.
  • #120,619
  • Jun 12, 2021 12:30pm Jun 12, 2021 12:30pm
Inserted Video
MA provides the market's current direction and strength.
  • #120,620
  • Jun 12, 2021 1:38pm Jun 12, 2021 1:38pm
PM Q&A

Hi Emmanuel,
I am getting the hang of TMS, thanks for your contribution every day. I like your template where you have all the timeframe charts or HA, CANDLES & TDI on the chart. It is a dashboard or a monitor right? I would benefit from that template a lot considering I have only one screen. Would you please share the indicators and the exact template you are using.
Thanks

------------------------------------------------------

Be patient.

The TMS Monitor dashboard is an expert advisor EA.

Wait for market to open because EA expert advisor need live price ticks to work.

Stay Tuned!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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