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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

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Trading Made Simple

  • #121,261
  • Jun 25, 2021 7:52am Jun 25, 2021 7:52am
TMS Monitor Jun 25 H1 at NYO

- do not trade blindly the H1 alerts

- always have a trade plan

- always know your H4 when you trade H1 at NYO.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #121,262
  • Jun 25, 2021 7:54am Jun 25, 2021 7:54am
Quoting kirinda
{quote} Yes, it was 1 candle to late after the crossing. I forget this rule when I saw a strong candle. I think I will only take trade on candle 1 and 2 in the future.
For what it is worth: Post 120,809

Did BigE counted: 1,2,3,4 or like MT4?
Attached Image
About candle's: Post 97,081
  • #121,263
  • Jun 25, 2021 7:58am Jun 25, 2021 7:58am
http://
Quoting tommydoginti
{quote} Hindsight is 20/20. If BigE could see into future and knew where price would have gone, then he would not need to post #353. We live in present, so the only thing you can control is your entries. I would keep it at candle #1/2. And if I am looking for bounce signal at candle #3 or more, I will look for more confirmation from the PA. otherwise, just skip and wait for next opportunity. In fact the price has not returned back to entry price yet and DD since candle #3. trade well

We cannot help the helpless. Or maybe doing this deliberately to mislead others.
But we can learn more the original TMS from BigE.

let’s take a look at a few of BigE’s charts and see the picked bounces entries at candle #3 or later.

If I am looking for entries at candle #3 or beyond, bounce entries is the signal

#342
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#700
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#1666
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  • #121,264
  • Jun 25, 2021 8:04am Jun 25, 2021 8:04am
Quoting emmanuel7788
UsdCad Jun25 NY Open - NYO H1 big candle - TDI is lagging
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Click to Enlarge Name: UCad Jun25 NYO 25-6-2021 8-42-05 pm.png Size: 25 KB


{image}

UCad Jun 25 H1 NYO1

- H1 candle close, TDI updates ...

- sell

- PA + Momentum

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #121,265
  • Jun 25, 2021 8:06am Jun 25, 2021 8:06am
Long 1H AU:

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  • #121,266
  • Jun 25, 2021 8:09am Jun 25, 2021 8:09am
Quoting tommydoginti
http://{quote} We cannot help the helpless. Or maybe doing this deliberately to mislead others. But we can learn more the original TMS from BigE. let’s take a look at a few of BigE’s charts and see the picked bounces entries at candle #3 or later. If I am looking for entries at candle #3 or beyond, bounce entries is the signal #342 {image} #700 {image} #1666...

" If I am looking for entries at candle #3 or beyond,..."


Hey Folks,

When (not if) you want to trade APB/HA #3 and beyond,


You have to be open minded and want to master Big E' 5-Method, I will show you there are many 4hr and Daily trade opportunities after the True REVERSAL setups.

Post#281

https://www.forexfactory.com/thread/...=4576024#reply.

Post#2617

https://www.forexfactory.com/thread/...18#post4619118


Stay Tuned!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #121,267
  • Jun 25, 2021 8:30am Jun 25, 2021 8:30am
Quoting tommydoginti
http://{quote} We cannot help the helpless. Or maybe doing this deliberately to mislead others. But we can learn more the original TMS from BigE. let’s take a look at a few of BigE’s charts and see the picked bounces entries at candle #3 or later. If I am looking for entries at candle #3 or beyond, bounce entries is the signal #342 {image} #700 {image} #1666...
Quoting eelfranz
The question was concerning why not enter on candle # 3. In this example the TDI indicates taking the trade on candle # 1. Had you entered on candle # 3 you would have been two candles late for the CORRECT ENTRY. Because a reversal normall runs 3-8 candles we were fortunate it has run so many candles... The idea about entering on candle 1 or 2 if you get the TDI signal is if it only goes 3 candles you should get on average at least some profit... especially on higher time frames. {image}
The question was concerning why not enter on candle # 3. In this example the TDI indicates taking the trade on candle # 1. Had you entered on candle # 3 you would have been two candles late for the CORRECT ENTRY. Because a reversal normall runs 3-8 candles we were fortunate it has run so many candles...

The idea about entering on candle 1 or 2 if you get the TDI signal is if it only goes 3 candles you should get on average at least some profit... especially on higher time frames.

Luck is needed in trading, but why test out luck to its limit? A good setup to enter at candle #1/2 is the way to increase the odds of winning.

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  • #121,268
  • Jun 25, 2021 9:13am Jun 25, 2021 9:13am
Hi when trying to change blessing settings on live acc. it will not save them and says account no entered incorrect?
any help please.
  • #121,269
  • Jun 25, 2021 10:36am Jun 25, 2021 10:36am
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MA provides the market's current direction and strength.
  • #121,270
  • Jun 25, 2021 11:04am Jun 25, 2021 11:04am
Dear Emmanuel7788

Can you help me with these indicators you use thanks .
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  • #121,271
  • Jun 25, 2021 11:28am Jun 25, 2021 11:28am
Quoting kwkpr
Hi when trying to change blessing settings on live acc. it will not save them and says account no entered incorrect? any help please.
Looks like you are confused. This is the TMS thread that BigE started so there could be a discussion ONLY about his 5-method.

There is a thread dedicated to Blessing EA that likely already contains the answers to your questions.
To free Gazans of Hamas, use whatever it takes.
  • #121,272
  • Jun 25, 2021 7:09pm Jun 25, 2021 7:09pm
Quoting Tekkies
{quote} For what it is worth: Post 120,809 Did BigE counted: 1,2,3,4 or like MT4? {image}About candle's: Post 97,081

Big E candle count starts with a REVERSAL (Post#261)

see these posts:

Post# 100,335
https://www.forexfactory.com/thread/...6#post12744356

Post#108,183
https://www.forexfactory.com/thread/...8#post13155628

Post#108,511
https://www.forexfactory.com/thread/...3#post13167183

and this old chart below:

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*** Note the difference between Big E' 5-Method REVERSAL candle and Craig Harris True REVERSAL candle.
If you have more confidence in Craig Harris' True REVERSAL candle setup, then you enter a Big E setup APB/HA candle#1... dynamic entry.
Otherwise, you enter after APB/HA#1 closed and place your trade entry i.e. APB/HA#2.

But make sure you have done your 'thorough investigation' for every potential trade setup you see. {here} and {here}, and make this one of your many trading habits of a successful TMS trader.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #121,273
  • Jun 25, 2021 7:18pm Jun 25, 2021 7:18pm
Quoting zunnoorain
Dear Emmanuel7788 Can you help me with these indicators you use thanks . {image}

hi zunnoorain

Trust that you are trading well and making more money.

Here, download these and you need to configure them to show correctly on your charts.

a big contribution by member LvMMT.
various M-Candles with on chart buttons.

https://www.forexfactory.com/thread/...9#post13306779

and the BN Levels

click to { download }

Trade Well. Trade Safe.

Stay Safe
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #121,274
  • Jun 25, 2021 7:30pm Jun 25, 2021 7:30pm
Quoting kwkpr
Hi when trying to change blessing settings on live acc. it will not save them and says account no entered incorrect? any help please.

hi kwkpr

#Blessing3 aka B3

you provide so little information it is not possible to help you resolve your problem.

I run this version for 10 years and do not have any problem with live account. My experience so far is only one broker stop allowing expert advisors including Blessing3 EA.

click to { download }

after you downloaded the version link above, I will explain how to set up and run TMS 5-Method.

most members in the telegram groups are running B3 5-Method already since this week.

below result TMS EVO using B3+ June 25 NY Closed.

start date Oct 2020 till June 25, 2021

Attached Image (click to enlarge)
Click to Enlarge Name: B3 Oct2020 till June 25 26-6-2021 8-28-07 am.png Size: 49 KB


Edit: Trade Report to show the pairs traded and distribution

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Click to Enlarge Name: Trade Report Oct 2020 to Jun25 2021 26-6-2021 8-37-18 am.png Size: 25 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #121,275
  • Jun 25, 2021 7:38pm Jun 25, 2021 7:38pm
Quoting hasib
{image}

very good PA entry trade !
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #121,276
  • Jun 25, 2021 7:48pm Jun 25, 2021 7:48pm
Quoting tommydoginti
{quote} {quote} The question was concerning why not enter on candle # 3. In this example the TDI indicates taking the trade on candle # 1. Had you entered on candle # 3 you would have been two candles late for the CORRECT ENTRY. Because a reversal normall runs 3-8 candles we were fortunate it has run so many candles... The idea about entering on candle 1 or 2 if you get the TDI signal is if it only goes 3 candles you should get on average at least some profit... especially on higher time frames. Luck is needed in trading, but why test out luck to...

hey @tommydog

You started in Feb this year and now I see you want to learn to trade the 4hr too. That's a good start to Trading Made Simple with Big E 5-Method.

How is your day trading and scalping since Feb 2021?

When you trade the H4, note that there are 29 H4 candles in one Week. Some broker will have 30 x H4 because of their NY Sunday candle. But that is okay because I start my 4H swing trading on Monday Tokyo Open and I 'blend' the NY Sunday candle into Monday.

You HongKong local time is GMT +8 and you need to synchronise your local time with Big E' Pacific Daylight Time 10PM, 2Am and 6AM. It is easy PDT is 3 hours behind New York' EST/EDT.

Now is HK 8:45am, Big E 5:45pm and New York 8:45pm.

With these timing understood, you can open your H4 charts and draw and vertical line at your broker 4hr candles aligned with Big E' 4hr - 10PM , 2AM and 6AM .

When you are done and ready, let me know and I will show you how to trade the 4hr and also the Daily.

Stay Tuned!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #121,277
  • Jun 26, 2021 3:10am Jun 26, 2021 3:10am
Quoting kirinda
Long 1H AU: {image}
Did not have time to monitor this trade so it hit SL. If I had monitored it I would exit with TDI hook.
  • #121,278
  • Edited 5:09am Jun 26, 2021 4:53am | Edited 5:09am
BigE wrote the following:

#Post 495:
I never knownly take a draw back of 40-50 pips even on the 4hr. I generally exit at 10-15 pips to keep my profit and I'll re-enter when it turns back.

#Post 557:
If I enter a trade lets say and I'm monitoring the trade and its up 50 pips but suddenly it pulls back 10-15 pips I just exit.
I'll keep the profit at $10 a pip... no big deal. If it turns and continues (bounce) I'll just jump back in... Don't get so rigid...

So he exit if price pullback with only 10-15pips when he monitor trades and re-enter if price continue. I guess he did that when he traded 1H (for
some 4H entry he sleep and exit with normal exit rules). I check the ATR(20) for 2011 when BigE started TMS
thread and the average ATR was double what it is now. So if he traded today he would probably exit with even smaller pullback. Next week I will test out
to exit when pullback is more that 10pips if I have time to monitor the trade. I didn't see that BigE traded GBP pairs so the max pullback needs to be larger for these pairs.
  • #121,279
  • Jun 26, 2021 5:06am Jun 26, 2021 5:06am
Quoting kirinda
BigE wrote the following: #Post 495: I never knownly take a draw back of 40-50 pips even on the 4hr. I generally exit at 10-15 pips to keep my profit and I'll re-enter when it turns back. #Post 557: If I enter a trade lets say and I'm monitoring the trade and its up 50 pips but suddenly it pulls back 10-15 pips I just exit. I'll keep the profit at $10 a pip... no big deal. If it turns and continues (bounce) I'll just jump back in... Don't get so rigid... So he exit if price pullback with only 10-15pips when he monitor trades and re-enter if price...

"If I enter a trade lets say and I'm monitoring the trade and its up 50 pips but suddenly it pulls back 10-15 pips I just exit."

You can set THV CaveManager to manage your trades this way.

But, first your trade must move +50 pips then pull back say 20 pips, THV CaveManager will exit with +30pips profit.

Which pair moves 50pips in H1?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #121,280
  • Jun 26, 2021 5:10am Jun 26, 2021 5:10am
Quoting kirinda
{quote} Did not have time to monitor this trade so it hit SL. If I had monitored it I would exit with TDI hook.
IF you had monitored that trade, would you exit when the TDI goes flat at the close of the Doji bar or you wait for the next bar/candle?

*my chart below is using the same TDI #25 as Big E'.

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There are different exit options to consider when using a trade manager EA.

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