Trading Made Simple | Page 6067 | 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

  • #121,321
  • Jun 27, 2021 6:47am Jun 27, 2021 6:47am
Quoting Sesamstrasse
{quote} The big benefit on futures contracts is we see "WHEN" and in what amount a contract (or even some thousands) are bought or sold in real time. That gives us the advantage to follow the flow. I´m pretty happy with my decision 2 years ago to trade exclusively futures.

lot more money to make in the Futures market.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #121,322
  • Jun 27, 2021 6:51am Jun 27, 2021 6:51am
Quoting emmanuel7788
{quote} BTCUSD vs XAUUSD Jun 22 Sydney 8am - NY closed 'handover' to Sydney. - BTCUSD nice break below twin-swing lows ... heading to the BRN30000. - today I watch for XAUUSD to rally and buy when it breaks the high and change the trailing HA colour. {image}
BTCUSD vs XAUUSD

Possibilities next week Jun 28 to Jul 02

- we have NFP and

Attached Image (click to enlarge)
Click to Enlarge Name: BTCUSD vs XAUUSD Jun 28 to Jul 02 27-6-2021 7-46-38 pm.png Size: 54 KB


Attached Image (click to enlarge)
Click to Enlarge Name: 4thJuly USA.png Size: 383 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #121,323
  • Jun 27, 2021 7:32am Jun 27, 2021 7:32am
Hi @emmanuel7788,

I started trading 6 months back but till now loosing money than gaining. I have started reading this thread recently and want to start trading using TMS strategy. Could you please let me know which method to follow with any links along with template and indicators that would be really great.

Thank you in advance.
Sunny
  • #121,324
  • Jun 27, 2021 7:53am Jun 27, 2021 7:53am
Quoting Sesamstrasse
{quote} The big benefit on futures contracts is we see "WHEN" and in what amount a contract (or even some thousands) are bought or sold in real time. That gives us the advantage to follow the flow. I´m pretty happy with my decision 2 years ago to trade exclusively futures.
Don't forget about dark pools. The numbers shown in DOM are not everything. Actually, in these days the amount traded in dark pools exceeds exchange traded volume.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #121,325
  • Edited 10:35am Jun 27, 2021 8:58am | Edited 10:35am
Quoting sunny.kumar
Hi @emmanuel7788, I started trading 6 months back but till now loosing money than gaining. I have started reading this thread recently and want to start trading using TMS strategy. Could you please let me know which method to follow with any links along with template and indicators that would be really great. Thank you in advance. Sunny
If you started reading this thread, did you start with post #1?

please let me know which method to follow
It is odd that you would mention that subject, because there is exactly ONE METHOD to be followed--BigE's 5-method.
He said the TMS thread was started to discuss ONLY the 5-method.
To free Gazans of Hamas, use whatever it takes.
  • #121,326
  • Jun 27, 2021 9:12am Jun 27, 2021 9:12am
Quoting Sesamstrasse
{quote} The big benefit on futures contracts is we see "WHEN" and in what amount a contract (or even some thousands) are bought or sold in real time. That gives us the advantage to follow the flow. I´m pretty happy with my decision 2 years ago to trade exclusively futures.

I am reading lot of experience trader quit forex all together, some are trading CFD some are started trading Future market.

As far as I read, Future market have some advantage over FX. BTW which platform your using now.
MA provides the market's current direction and strength.
  • #121,327
  • Jun 27, 2021 9:25am Jun 27, 2021 9:25am
Quoting DrDave
{quote} If you started reading this thread, did you start with post #1?
Thank you DrDave for your response. Yes, started with post #1 and will use the indicators posted in first few pages.

{quote}
please let me know which method to follow It is odd that you would ask that question, because there is exactly ONE METHOD to be follwed--BigE's 5-method. He said the TMS thread was started to discuss ONLY the 5-method.
[/quote]

Sorry for asking this question, I thought there could have been some changes in the rules or indicators. I will start trading TMS way and will keep you all posted.
  • #121,328
  • Edited 10:49am Jun 27, 2021 10:26am | Edited 10:49am
Quoting emmanuel7788
{quote} LOL. Poor *&^% guru DrDave. He is still lost in his own TDA with IMT mess looking for the correct Heiken Ashi candlestick to use. He is still looking deep in his IMT 'mesh-network' which is a huge mess in his head. First, he got to read those threads and learn himself. He expects to spoon-feeding here. Until he can find a good trade setup that will run into profit, he will never get to see how the HA Candlestick Trailing Stop will work in real-time live market. He is still struggling with the different versions of the TMS_V19 expert advisor...
Members pleas submit a cleanup report on this post: "Poor *&^% guru DrDave."
II. Respect fellow traders
Theoretically, all members are at Forex Factory for the same purpose: the pursuit of trading profits. Therefore, members should treat each other like professional colleagues. Members should not be mean-spirited, harassing, or otherwise show hatred toward a member.
  • #121,329
  • Jun 27, 2021 10:37am Jun 27, 2021 10:37am
Quoting Tekkies
{quote} Members pleas submit a cleanup report on this post: "Poor *&^% guru DrDave." II. Respect fellow traders Theoretically, all members are at Forex Factory for the same purpose: the pursuit of trading profits. Therefore, members should treat each other like professional colleagues. Members should not be mean-spirited, harassing, or otherwise show hatred toward a member.
When the spitting cobra opens his mouth, he knows only to spray venom at you.
Attached Image
To free Gazans of Hamas, use whatever it takes.
  • #121,330
  • Jun 27, 2021 1:57pm Jun 27, 2021 1:57pm
Quoting Tekkies
{quote} Members pleas submit a cleanup report on this post: "Poor *&^% guru DrDave." II. Respect fellow traders Theoretically, all members are at Forex Factory for the same purpose: the pursuit of trading profits. Therefore, members should treat each other like professional colleagues. Members should not be mean-spirited, harassing, or otherwise show hatred toward a member.

hey @Tekkies

You need to work on improving your reading skills and pick the correct one below:

Trader Code of Conduct
The best traders approach the markets professionally, apolitically, amorally, waving no flag — this is generally how Forex Factory members are expected to conduct themselves on the website. The following code of conduct should be observed by members throughout their interactions on the website. Members who persistently or severely break the code of conduct may have their membership revoked.

I. Focus on trading

Forex Factory is focused entirely on forex trading, and therefore the primary focus of every member should be trading. The amount of trading-related sentences a member posts must far outweigh the non-trading sentences. While non-trading topics will naturally be mixed into discussions, the foundation of every discussion and debate should be related to trading.

This code is essential to maintaining a high-quality trading environment. Not only does trading focus keep the environment pure, but with members from every nation, religion, and political party, trading is the only thing everyone has in common. Focusing on what unifies the membership results in a superior trading environment.

II. Respect fellow traders

Theoretically, all members are at Forex Factory for the same purpose: the pursuit of trading profits. Therefore, members should treat each other like professional colleagues. Members should not be mean-spirited, harassing, or otherwise show hatred toward a member. Unresolvable personality conflicts should be managed using the 'Ignore' (

) feature.

III. No bickering

While trading-related debate is encouraged, members should not engage in mindless arguing, battling, or trolling. Not only does bickering distract others from trading, but it wastes energy for the bickering participants. Unresolvable personality conflicts should be managed using the 'Ignore' (

) feature.

IV. No nationalism or racism

With members from every nation and race, members should be sensitive to how they speak about other countries and ethnicities. Members should never show hatred for or be derogatory toward a country or a race of people. Generally, countries should only be referred to in terms of economics or market impact, and with an unbiased financial tone. Humorous tones, however, are generally accepted.

V. No politics or religion

Politics and religion should not be discussed unless it's in direct relation to their market affect. Politics play a big role in the markets, and therefore it's inevitable they'll be discussed — members who participate in these discussions must ensure they're not letting their partisan bias into the conversation. Generally, a member's political or religious affiliation should not be obvious from their posts.

Politics and religion are among the most controversial topics in the world. At best, both topics are a distraction from the pursuit of trading profits, and at worst they boil emotions. Minimizing these topics minimizes the negative commotion they typically invoke. Humorous tones, however, are generally accepted.

VI. No conspiracy or doomsday

Forex Factory is not the place for people with an extraordinary ability to detect conspiracies, or people who have the ability to predict the demise of a market, monetary system, government, country, civilization, or the world itself. These abilities are not useful in trading, and serve as a distraction to traders who view the market from a professional standpoint.

VII. No personal agendas

Forex Factory may not be used for personal agendas such as ego boosting, gaining attention, or exacting revenge. These agendas, even when tied to trading topics, can cause large-scale distractions that take focus off trading.

VIII. No commercial agendas

Members may not use Forex Factory to promote a product or service, either their own or someone else's. This includes products or services that are planned for the future. If a member's posts can link them to a commercial enterprise in the financial markets, they're in violation of this code.

Members who are focused on a product or service, or new members who mention a little-known website, are generally suspected to be company shills. Action may be taken against suspected shills without conclusive evidence, as they compromise the integrity of discussions and can be difficult to prove conclusively.

Members who wish to promote a commercial product or service must be designated a 'Commercial Member' and are expected to abide by the Commercial Code of Conduct.

There's currently an exception to this code for brokers who advertise on Forex Factory (listed on Brokers) — they are allowed to host a thread and respond to traders in the Broker Discussion forum.

IX. One username at a time

Traders should only operate one Forex Factory username at a time. Controlling multiple usernames simultaneously is prohibited, regardless of the intent, because it compromises the integrity of discussions.

Forex Factory employs a sophisticated system for detecting the use of multiple usernames. It goes far beyond simple IP address matching to ensure that no one is manipulating discussions with multiple users. Usernames that are found to be duplicates are marked with the 'Additional Username' status, and blocked from further posting.
Membership /
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #121,331
  • Jun 27, 2021 1:59pm Jun 27, 2021 1:59pm
Quoting Tekkies
{quote} Members pleas submit a cleanup report on this post: "Poor *&^% guru DrDave." II. Respect fellow traders Theoretically, all members are at Forex Factory for the same purpose: the pursuit of trading profits. Therefore, members should treat each other like professional colleagues. Members should not be mean-spirited, harassing, or otherwise show hatred toward a member.
hey @Tekkies

one more cleanup# for you to do...

Quoting DrDave
{quote} When the spitting cobra opens his mouth, he knows only to spray venom at you. {image}
see Post#121,332 for the correct selection.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #121,332
  • Jun 27, 2021 2:02pm Jun 27, 2021 2:02pm
Quoting Tekkies
{quote} Members pleas submit a cleanup report on this post: "Poor *&^% guru DrDave." II. Respect fellow traders Theoretically, all members are at Forex Factory for the same purpose: the pursuit of trading profits. Therefore, members should treat each other like professional colleagues. Members should not be mean-spirited, harassing, or otherwise show hatred toward a member.
"Theoretically, all members are at Forex Factory for the same purpose: the pursuit of trading profits. "

hey @Tekkies

here let me share with you my happiness in the "pursuit of trading profits " trading with blessing 5-Method ...

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
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #121,333
  • Jun 27, 2021 2:04pm Jun 27, 2021 2:04pm
Quoting tomgu
{quote} Yes, as I use AWR52 by Bridge Water to do exit. Now is first 40% retrace, still got room to down. Maybe never, bounce from there and never back. Who knows. {image}

I like the use of AWR52 when I trade the 5-Method with Blessing3.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #121,334
  • Jun 27, 2021 2:11pm Jun 27, 2021 2:11pm
Quoting sunny.kumar
Hi @emmanuel7788, I started trading 6 months back but till now loosing money than gaining. I have started reading this thread recently and want to start trading using TMS strategy. Could you please let me know which method to follow with any links along with template and indicators that would be really great. Thank you in advance. Sunny

hi Sunny

Do not be discouraged when you are losing money for 6 months. I know many people here lose money the past 6 months and I also know the many reasons why the people lose money. One of the main reason is these people who lose money never got down to mastering the art of trading despite their daily trolling in this thread.

Take a couple of steps back and follow this June 01 post:
https://www.forexfactory.com/thread/...1#post13561981

Take your time and read, study and learn.

Post charts, ask me any questions and I will be here to help you.

Stay Safe
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #121,335
  • Jun 27, 2021 2:16pm Jun 27, 2021 2:16pm
Quoting DrDave
{quote} If you started reading this thread, did you start with post #1? please let me know which method to follow It is odd that you would mention that subject, because there is exactly ONE METHOD to be followed--BigE's 5-method. He said the TMS thread was started to discuss ONLY the 5-method.

and Big E' 5-Method uses the Synergy Average Price Bar APB and .............

and your failed system TDA with IMT still use the Heiken Ashi ...

using Big E' APH/HA candles you will get into the true REVERSAL early and that is the correct timing .... no need for the Intrinsic Market Timing IMT which is lagging .


Attached Image (click to enlarge)
Click to Enlarge Name: APB vs HeikenAshi.png Size: 77 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #121,336
  • Jun 27, 2021 2:25pm Jun 27, 2021 2:25pm
Quoting Tekkies
{quote} Members pleas submit a cleanup report on this post: "Poor *&^% guru DrDave." II. Respect fellow traders Theoretically, all members are at Forex Factory for the same purpose: the pursuit of trading profits. Therefore, members should treat each other like professional colleagues. Members should not be mean-spirited, harassing, or otherwise show hatred toward a member.

"Theoretically, all members are at Forex Factory for the same purpose: the pursuit of trading profits."

hey @Tekkies

next week, you should follow Big E' Post#281 and trade the 4hr price action and Post#261.

this should help you stop losing money they way you lost money the past 6 months this year.

you can turn things around if you follow Big E' 5-Method. you must trust his TDI in Post#25.

see my posts { here } and { here }


Attached Image (click to enlarge)
Click to Enlarge Name: EurAud Jun 21 to 25 H1 day-trading 27-6-2021 4-23-38 pm.png Size: 54 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #121,337
  • Jun 27, 2021 2:39pm Jun 27, 2021 2:39pm
Quoting emmanuel7788
{quote} 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...
PM Q&A

- I get many PM messages members wanting to join telegram groups and to get trade plan for trading TMS 5-Method using Blessing3 EA, etc.

A. I will post some of my trade plans starting next month - July 2021 for a fresh start of the next 20-trading days cycle. Next week is a short week and also my close of my current 20-trading days cycle.

A. Telegram groups, you can start your own telegram groups in your own trading community. If you want to know my 5-Method trade plans, I will post them here in this thread. This will save me a lot of time to post in so many different telegram groups.

Are there any member here who are against this?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #121,338
  • Jun 27, 2021 3:24pm Jun 27, 2021 3:24pm
Quoting sunny.kumar
{quote} Thank you DrDave for your response. Yes, started with post #1 and will use the indicators posted in first few pages. {quote} please let me know which method to follow It is odd that you would ask that question, because there is exactly ONE METHOD to be follwed--BigE's 5-method. He said the TMS thread was started to discuss ONLY the 5-method.
Sorry for asking this question, I thought there could have been some changes in the rules or indicators. I will start trading TMS way and will keep you all posted.[/quote]
You will see that BigE made some small changes. But he also said there is no need to adopt them. For example, initially, he would wait for a bar to close across the ema5 before making an entry. But he saw that he was giving up pips compared to entering before that condition, so he stopped using it. But he called it the conservative entry and that it was still valid to use.
To free Gazans of Hamas, use whatever it takes.
  • #121,339
  • Edited 6:13pm Jun 27, 2021 6:03pm | Edited 6:13pm
Post#110 by snarlyjack

Quoting snarlyjack
Eelfranz, THIS HISTORY SHOULD BE PLACED ON PAGE #1. /// snarlyjack
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
  • #121,340
  • Jun 27, 2021 6:28pm Jun 27, 2021 6:28pm
Quoting emmanuel7788
{quote} 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...

GBPUSD Week 26 Jun 28 to Jul 02

Trading Big E' 5-Method with Blessing3+

Jun 28, current open basket from last Friday' NY Close. based on today' Open, your maximum risk is previous two weeks high for B3 setting sell FMC=1.

Note the Average Weekly Range (52-weeks) is 229 pips.

Use ATR(100 days) for multiple entries levels. You can decide 0.5ADR(100) or 0.25ADR(100).
Current ATR(100 days) is 82 pips.

Take note of the APB candle body when you build up positions in one full basket. Divide your risk$$$ amount per position in one basket of trades. Do Not risk too much of your account balance allocated capital.


Attached Image (click to enlarge)
Click to Enlarge Name: GU Week 26 Jun 28 open positions 28-6-2021 7-18-03 am.png Size: 30 KB


Any questions, you have to post and ask here. If you PM questions I will reply next weekend because don't have time to reply immediately to PMs.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
100 traders viewing now