Trading Made Simple | Page 6043 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Monitor for 'Trading Made Simple' system 565 replies

Trading Made Simple the right way, and other trading lessons 334 replies

Indicators for the 'Trading Made Simple' system 343 replies

MTF Indicators for the 'Trading Made Simple' system 241 replies

Trading Made Simple system follower - Thanks to eelfranz 9 replies

Attachments: Trading Made Simple
Exit Attachments

Trading Made Simple

  • #120,841
  • Jun 16, 2021 9:00pm Jun 16, 2021 9:00pm
Quoting emmanuel7788
PM Q&As Blessing3 hey Folks I am busy this week therefore have no time to reply all your PMs and questions. But top on the list is request - how to run Blessing3 trade-both-ways. I know many traders are tempted to trade both ways - buy and sell, and there is no settings to enable that. I have a simple setup to enable trade-both-ways. Please be patient until this weekend and I will explain the setup. Take Care. and Trade Safe.

hey Folks,

I said I will reply this weekend

from all the PMs I get, most can already got their B3 running but not trading yet.

for the others, who are still wondering and wandering ....

go to this post and follow the download and get started.

https://www.forexfactory.com/thread/...9#post13572439
trading made simple with Blessing3 EA..

Here download Blessing3 EA

{ click to download }

download Blessing user manuals pdf

{ click to download }

You can read that thread for more information.
https://www.forexfactory.com/thread/...a-and-setfiles

But I will only support that version B3 version B3.9.6.09 which I have been trading for more than 10 years.
I will explain how to run B3 and trade Big E' 5-Method with the RSI(13)MA(2) / MA(7) to replicate the TDI.

Post your charts once you have downloaded and installed B3 running.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,842
  • Jun 16, 2021 9:12pm Jun 16, 2021 9:12pm
Bears are SMART animals they know where to hunt salmons

read these old post:

A Newbie once said: "A reversal starts in the low timeframe"... I think every trader knows that. You will find the source of the river upstream.

https://www.forexfactory.com/thread/...6#post11929646

https://www.forexfactory.com/thread/...38#post8882638

https://www.forexfactory.com/thread/...89#post8041589

https://www.forexfactory.com/thread/...89#post6512089

https://www.forexfactory.com/thread/...86#post6499886

https://www.forexfactory.com/thread/...42#post6496642

https://www.forexfactory.com/thread/...88#post6496388

https://www.forexfactory.com/thread/...45#post6462045

https://www.forexfactory.com/thread/...02#post6459402
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,843
  • Jun 17, 2021 1:04am Jun 17, 2021 1:04am
Quoting emmanuel7788
{quote} Good post TSS! "I dont really need to also dig deeper into elliot wave and where my count came from into considering taking this trade as its not part of TMS" well, Elliot Wave is also a part of Big E trading knowledge. See Post#2587 that was in Sep 20, 2009. Big E learned many things here is Forex Factory. Like him, I had to learn EVERYTHING too. I wanted to be a better trader than he was in 2011. Today is 2021, it has been 10 years of hardwork. Elliott...
Thx Emmanuel for ur support, indeed as you mentioned , on ever good twist or turn there will be a TDI cross confirming that wave , which I follow , I rarely take a trade before TDI cross but that depends on PA and how a PCRF is forming

I use ew just when its clear as the sun , I avoided using it all the time , big E trading system combine with phx62 PCRF setup pattern, works , just need time to understand it, and then follow it rigorously

Well done on your bag of greens , specially the momentum we got off FOMC

Trying to keeping it simple as much as possible

Regards and all the best in life and keeping this amazing thread going , thank you
I Have Learned to Take Some Losses to Make Profits
  • #120,844
  • Jun 17, 2021 1:15am Jun 17, 2021 1:15am
M5 Hidden divergence with the directions of 200 ema.
Price is below Daily open line.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2.png Size: 21 KB
MA provides the market's current direction and strength.
  • #120,845
  • Jun 17, 2021 1:24am Jun 17, 2021 1:24am
Quoting TheScorpS
{quote} Thx Emmanuel for ur support, indeed as you mentioned , on ever good twist or turn there will be a TDI cross confirming that wave , which I follow , I rarely take a trade before TDI cross but that depends on PA and how a PCRF is forming I use ew just when its clear as the sun , I avoided using it all the time , big E trading system combine with phx62 PCRF setup pattern, works , just need time to understand it, and then follow it rigorously Well done on your bag of greens , specially the momentum we got off FOMC Trying to keeping it simple...
Hi TheScorpS

I have read phx62 PCRF. Can you give us a little summary about PCRF. So that we could learn it your ways of applying PCRF.
MA provides the market's current direction and strength.
  • #120,846
  • Jun 17, 2021 1:47am Jun 17, 2021 1:47am
1-2-3 Trend Change pattern. at M5
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_4.png Size: 49 KB
MA provides the market's current direction and strength.
  • #120,847
  • Jun 17, 2021 3:09am Jun 17, 2021 3:09am
Just trading the Frankfurt momentum. No pre analysis paralysis.
No A++ setup.
1. First trade Stop out at BE. I thought it is good setup.
2. 2nd and 3rd trade is momentum trade. I should not open 2 trade, Close quickly with profit.
3. 4th Trade 200 ema at open price bounce Trade with the directions of the Momentum with Small stop. close with profit quickly.
4. 5th trade I open the trade at M1, I should have close early. Close at small profit.

5 Trade session is over. Now next session US session. No trade in off hours.
Any suggestions is welcome, Blue team never post their trade here Because they afraid to being wrong. Being wrong is learning process.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_5.png Size: 41 KB
MA provides the market's current direction and strength.
  • #120,848
  • Jun 17, 2021 3:11am Jun 17, 2021 3:11am
Quoting emmanuel7788
{quote} so you want to " why to clean up this thread." ? Keep It Simple: 1) Follow the OP Big E Post#1 with immediate effect. " We have a group of great traders who have been trading this method for 6-8 months alreaclrLightSeaGreendy who will help you jumping in to answer your questions too. I am very protectful of all our members. We don't have a stressful thread... no name calling allowed. I'll delete anyone who starts any problems. If you have a problem PM me and don't post it. If your not happy... please move on quietly....
From what you have done in the past Emmanuel, indicate your failure to apply this one sentence:
"no name calling allowed"
(Have notice you have deleted that post, this will remain for all to read)
Attached Image (click to enlarge)
Click to Enlarge Name: thereder.PNG Size: 25 KB

Please continue with your other failure's not to adhere to what BigE has posted in this thread.
For members will ask and submit themselves those Cleanup's upon such failure's

Have a nice day Emmanuel
  • #120,849
  • Jun 17, 2021 3:20am Jun 17, 2021 3:20am
Quoting hasib
Just trading the Frankfurt momentum. No pre analysis paralysis. No A++ setup. 1. First trade Stop out at BE. I thought it is good setup. 2. 2nd and 3rd trade is momentum trade. I should not open 2 trade, Close quickly with profit. 3. 4th Trade 200 ema at open price bounce Trade with the directions of the Momentum with Small stop. close with profit quickly. 4. 5th trade I open the trade at M1, I should have close early. Close at small profit. 5 Trade session is over. Now next session US session. No trade in off hours. Any suggestions is welcome,...
Hasib, to continue to post about other methods, indicators that are not in compliances with BigE's post's in this thread will lead to that members can and will submit clean-up reports.

Please use and stay within the guidelines that BigE has posted in this thread.
  • #120,850
  • Jun 17, 2021 3:20am Jun 17, 2021 3:20am
Quoting Tekkies
{quote} From what you have done in the past Emmanuel, indicate your failure to apply this one sentence: "no name calling allowed" (Have notice you have deleted that post, this will remain for all to read) {image} Please continue with your other failure's not to adhere to what BigE has posted in this thread. For members will ask and submit themselves those Cleanup's upon such failure's Have a nice day Emmanuel
so you want to " why to clean up this thread." ?

No.5 below

Keep It Simple:

1) Follow the OP Big E Post#1 with immediate effect.

"
We have a group of great traders who have been trading this method for 6-8 months already who will help you jumping in to answer your questions too.

I am very protectful of all our members. We don't have a stressful thread... no name calling allowed. I'll delete anyone who starts any problems. If you have a problem PM me and don't post it. If your not happy... please move on quietly. I'd do the same for you. You want Stress Free learning... come join us...
"

2) Post trading charts with technical analysis for discussions.

3) Post live market charts. Hindsight analysis is of little value.

4) Post charts with trades taken to share and lessons learn...

5) Stop the daily mudslinging and verbal diarrhea in this thread. There is another thread for verbal diarrhea { here }
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,851
  • Jun 17, 2021 3:42am Jun 17, 2021 3:42am
Quoting hasib
{quote} Hi TheScorpS I have read phx62 PCRF. Can you give us a little summary about PCRF. So that we could learn it your ways of applying PCRF.
Sure, let me prepare a data from Phx62 pdfs , and share them here

Will be back
I Have Learned to Take Some Losses to Make Profits
  • #120,852
  • Jun 17, 2021 4:29am Jun 17, 2021 4:29am
Quoting emmanuel7788
{quote} so you want to " why to clean up this thread." ? No.5 below Keep It Simple: 1) Follow the OP Big E Post#1 with immediate effect. " We have a group of great traders who have been trading this method for 6-8 months already who will help you jumping in to answer your questions too. I am very protectful of all our members. We don't have a stressful thread... no name calling allowed. I'll delete anyone who starts any problems. If you have a problem PM me and don't post it. If your not happy... please move on quietly. I'd do the same for you....
Good, then go had post in that thread when you have the urge to be narcisties towards other members.
  • #120,853
  • Edited 6:58pm Jun 17, 2021 5:02am | Edited 6:58pm
Quoting Sammforeal
Hi every one and I hope you are all doing great. I would like to seek for help concerning a version of a Day of the Week label indicator that displays the one hour chart vertical lines on the four hour chart as shown in the screenshot here. The one i have is for mt5 but i would like to have the one for mt4 to help me in my analysis of the candle for the day while on the four hour chart so that i can decide on what trade on the one hour chart. Thank you very much. {image}
NOTE : If you change the name of this indicator it will not work.

18/06/2021 : Small update to the fix Sunday code for H4 separators.

Attached File(s)
File Type: ex4 Separator.ex4   40 KB | 494 downloads
Trade what you see not what you hope
  • #120,854
  • Edited 10:13am Jun 17, 2021 6:05am | Edited 10:13am
Quoting emmanuel7788
{quote}. "struggling to apply it to Indices. Does same principles apply, since I struggling when backtested it" Hi @Nikija old post with old story { here } and { here } and { here } "My CME course trainer also laughed when I ask him if he use the Traders Dynamic Index when trading E-Mini Futures. He told us stories about...
You give a lot of misleading information, as usual. Here is just one example
Anyone wanting to trade indices must be able trade without the Stoch and TDI.
That is simply false information. It is more likely that YOU cannot find a way to make use of the stochastic or the TDI. And if that is the case, then give some details about which index your tried it on, which timeframes, how many months, and how many trades so the reader can determine if your evaluation merits the conclusion that you have drawn

I started trading the S&P 500 e-mini's. What does S&P 500 stand for, "Standard & Poor's 500 INDEX". We also added the Russell 1000, yet another INDEX.
The indicators used included stochastics, Donchian channel, and least squares lines (often known as linear regression lines). A system was developed that several people in the group were able to use to be consistently profitable. Everyone in the group performed LIVE TRADING at different times via screen sharing, so everyone participating saw what was happening in real time: no smoke and mirrors like FF is filled with.

I suspect that the TDI bashers for indices, such as in the above quote, either never even tried trading indices using the TDI, or simply could not figure out how to arrive at a profitable system due to their own limitations, not because of anything about the TDI.

And of COURSE you will need to learn information that you do not learn when trading Forex currencies. Indices and Forex instruments have different bases. However, MOST of the principles that you learn in Forex trading are applicable to MANY instruments: trends, corrections (retracements), support and resistance, to name a few. You might find some that economic events have a different impact on the index your trade than on the currency pair that you trade. But the broader concept of "news" still remains for both. Also, major indices are traded on exchanges that have a central clearing house, and the price quotes include real volume information, which can be very useful.


The best approach is to simply try it for yourself after you have a TRADE PLAN to try to follow, and not make a decision based on 10 or 20 trades, but make a decision after you have CAREFULLY ANALYZED at least 100 trades. And your analysis should include your emotional state in general on each trading day as well as your emotional state immediately before entering a trade, during the time the trade was open, and immediately after closing the trade.
To free Gazans of Hamas, use whatever it takes.
  • #120,855
  • Jun 17, 2021 6:18am Jun 17, 2021 6:18am
BigE talks about Long term ema and RSI 3. People don't talk about it.

US30 RSI 3 below 10 price is above 200 ema. you will see some upside move soon.
Remember it is just an expectations and probability is high enough for lower tf Buy setup. Not 100%.

Use RSI 3 or 2 in Daily chart. 200 EMA is your trend directions.
RN 33800 I am looking at this level If price remain above it we could expect today or tomorrow upside move.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_6.png Size: 55 KB
MA provides the market's current direction and strength.
  • #120,856
  • Jun 17, 2021 6:34am Jun 17, 2021 6:34am
Quoting DrDave
{quote} You give a lot of misleading information, as usual. Here is just one example Anyone wanting to trade indices must be able trade without the Stoch and TDI. That is simply false information. It is more likely that YOU cannot find a way to make use of the stochastic or the TDI. ANd if that is the case, then give some details about which index your tried it on,which timeframes, how many months, and how many trades so the reader can determine if your evaluation merits the conclusion that you have drawn I started trading the S&P 500 e-mini's....

obviously another cut-and-paste story from a trading school coach making a promotion seminar to sell his trading courses.

good promotion stuff.

go here and post this stuff there and see what response you will get from real traders.

https://www.elitetrader.com/et/
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,857
  • Jun 17, 2021 6:36am Jun 17, 2021 6:36am
Quoting hasib
BigE talks about Long term ema and RSI 3. People don't talk about it. US30 RSI 3 below 10 price is above 200 ema. you will see some upside move soon. Remember it is just an expectations and probability is high enough for lower tf Buy setup. Not 100%. Use RSI 3 or 2 in Daily chart. 200 EMA is your trend directions. RN 33800 I am looking at this level If price remain above it we could expect today or tomorrow upside move. {image}

slow market today ... but wait for US to open.

the bears are hunting ...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,858
  • Jun 17, 2021 6:37am Jun 17, 2021 6:37am
EU Jun17

- easy trading when LO follow FO

- still running

Attached Image (click to enlarge)
Click to Enlarge Name: EU Jun 17 trades LO 17-6-2021 7-27-53 pm.png Size: 42 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,859
  • Jun 17, 2021 6:38am Jun 17, 2021 6:38am
GU Jun 17

- same easy day LO follow FO

Attached Image (click to enlarge)
Click to Enlarge Name: Gu Jun 17 trade LO 17-6-2021 7-28-22 pm.png Size: 43 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,860
  • Jun 17, 2021 6:39am Jun 17, 2021 6:39am
UC Jun 17

- this one follow Big E' 4hr 2AM candle

Attached Image (click to enlarge)
Click to Enlarge Name: Ucad Jun17 2AM H4 17-6-2021 7-29-15 pm.png Size: 43 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
21 traders viewing now