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Monitor for 'Trading Made Simple' system 565 replies

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

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Trading Made Simple system follower - Thanks to eelfranz 9 replies

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Trading Made Simple

  • #124,261
  • Sep 9, 2021 1:57am Sep 9, 2021 1:57am
Quoting pips29
setting a pending sell for EY {image}

Nice !
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #124,262
  • Sep 9, 2021 1:59am Sep 9, 2021 1:59am
Quoting tommydoginti
{quote} This is classic. Very bad Price Action analysis. Enter a BUY in an extended swing and right into resistance. By the way, Hasib sold, which was a more logical decision. {image} All newbie mistake even for non-TMS traders. No TDI signal too. (#647 PA analysis) 2. Previous High/Low --> Right into previous highs (Resistance) 3. Rejection at previous High/Low --> Not yet reaching resistance to observe any rejection or breakout (Chasing the market) 4. Trend, long and short...

"This is classic. Very bad Price Action analysis. Enter a BUY in an extended swing and right into resistance."

LOL

Thanks for the laughs.... stay tuned for more and I'll tell folks why.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #124,263
  • Sep 9, 2021 2:00am Sep 9, 2021 2:00am
Quoting tommydoginti
{quote} {image}Pretty easy buy from range low. TP hit. {image}

LOL,

Trading the M5 fast lane ... buying into PPA resistance and did not follow TDI for exit!

Attached Image (click to enlarge)
Click to Enlarge Name: tommydogie GU M5 Sep09 buy into PPA resisitance 9-9-2021 4-13-28 pm.png Size: 103 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #124,264
  • Sep 9, 2021 2:02am Sep 9, 2021 2:02am
Quoting emmanuel7788
TMS Monitor Sep 4hr 10PM PDT - you have the details seen here! {image}

TMS Monitor Sep 09 H4 2AM PDT ... Big E' 4hr trading hour

- a few good picks ...

- one pair from each group of 7

- and you have a trade window open for 30 to 120 minutes now.

- beware of big bars/candles and extreme RSI green price line (WRB analysis)


Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Sep09 H4 2AM PDT 9-9-2021 5-00-32 pm.png Size: 41 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #124,265
  • Sep 9, 2021 2:09am Sep 9, 2021 2:09am
Quoting emmanuel7788
TMS Monitor Sep 4hr 10PM PDT - you have the details seen here! {image}

GBPUSD Sep09 10PM 4hr trade

- buy during the 4hr trade window

- swing low price action

- trade now at BE+

Attached Image (click to enlarge)
Click to Enlarge Name: GU Sep 09 H1 buy BE now 9-9-2021 5-06-39 pm.png Size: 40 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #124,266
  • Sep 9, 2021 2:10am Sep 9, 2021 2:10am
Quoting eelfranz
Good Morning all you fabulous traders.... I started trading full lots last year... tiring of $1 a pip. Takes the same amount of work... why not get paid for it? Often shooting for $500-$1,000 PER EVENING. iT'S NOT UNCOMMON TO FIND 3-6 TRADE SET UPS PER EVENING. Sometimes I would set the TP to 20 pips. 3-6 pairs hitting 20 pips... a few losers maybe... made for a handsome profit. If I put all of my eggs in one basket... it was hit or miss.... I trade both ways with success...
#7555

Good Morning all you fabulous traders....

I started trading full lots last year... tiring of $1 a pip. Takes the same amount of work... why not get paid for it? Often shooting for $500-$1,000 PER EVENING.

iT'S NOT UNCOMMON TO FIND 3-6 TRADE SET UPS PER EVENING.

Sometimes I would set the TP to 20 pips. 3-6 pairs hitting 20 pips... a few losers maybe... made for a handsome profit.

If I put all of my eggs in one basket... it was hit or miss....

I trade both ways with success...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #124,267
  • Sep 9, 2021 2:28am Sep 9, 2021 2:28am
Wow, look at TDI.
On Time, Every Time.
Without the need for "swing low price action"
Did TDI cross over > Yes
Green angle above 2 > Yes
Stoch confirm direction > Yes
Apply post#647 as to how you understand those points mentioned.
Attached Image
  • #124,268
  • Sep 9, 2021 2:39am Sep 9, 2021 2:39am
Quoting Tekkies
Wow, look at TDI. On Time, Every Time. Without the need for "swing low price action" Did TDI cross over > Yes Green angle above 2 > Yes Stoch confirm direction > Yes Apply post#647 as to how you understand those points mentioned. {image}

Yes @Tekkies the price OHLC is always on time too and you are the one who is still losing money to the market for winners like me.

Tonight US session we wait for the bell to ring ... then we look for M5 sell and see if today market will hit 34715

study this chart and see if you understand the M5 buy entries.

US30 we look for MOMENTUM sell, sell, sell....use risk$$$.

if you can close this week +35% you will recover 1% of your 81% DD this year.

Attached Image (click to enlarge)
Click to Enlarge Name: strat M5 psar.png Size: 172 KB






.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #124,269
  • Sep 9, 2021 3:07am Sep 9, 2021 3:07am

Type this: US30 we look for MOMENTUM sell, sell, sell....use risk$$$.
and post : M2UK2 (something????) chart.
Why not a classic US30 M5 BigE chart?

Post 120,298 using Big E' TMS 5-Method chart template (one of many)

Again this is a an lame attempt to move the focus away from TDI/post647 to something els.
  • #124,270
  • Sep 9, 2021 4:08am Sep 9, 2021 4:08am
Quoting Tekkies
Wow, look at TDI. On Time, Every Time. Without the need for "swing low price action" Did TDI cross over > Yes Green angle above 2 > Yes Stoch confirm direction > Yes Apply post#647 as to how you understand those points mentioned. {image}
Actually you are correct. TDI simplifies a lot of discretionary analysis.
Then simply combine with the PA analysis as of #647

People can twist or complicate their trading. I see no incentive doing that given only the criteria of BigE's Trading Made Simple method is more than enough. I use only 4 of them... (practice #2617). Probably they cannot understand BigE's TMS method and use the TDI.

1. TDI green red line
(#647 PA analysis)
2. Previous High/Low
3. Rejection at previous High/Low
4. Trend, long and short term

1. Cross up
2. Range low
3. Rejection from range low
4. Range

Attached Image (click to enlarge)
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  • #124,271
  • Sep 9, 2021 4:14am Sep 9, 2021 4:14am
Quoting Tekkies
Type this: US30 we look for MOMENTUM sell, sell, sell....use risk$$$. and post : M2UK2 (something????) chart. Why not a classic US30 M5 BigE chart? Post 120,298 using Big E' TMS 5-Method chart template (one of many) Again this is a an lame attempt to move the focus away from TDI/post647 to something els.
That was a chart in Aug.

No need to bother, just a troll naysaying to BigE's TMS and TDI.

The TDI with BigE's Price Action analysis are very useful. Just focus
  • #124,272
  • Sep 9, 2021 4:16am Sep 9, 2021 4:16am
Quoting DrDave
{quote} Vincent has posted many times that he is retired. He also posts a lot of fantasy material about family, friends, swimming pool/deck, Telegram trading groups, etc. that come from his fragile narcissist's ego. He has an abundance of time on his hands, so no problem to put a lot of those fantasies to pen and post them here. Occasionally, he lets actual facts slip in, such as failing med school entrance exams (no surprise there). He supplies plenty of posts that are out-right hilarious, or are great sparks to ignite fun posts from others.
Attached Image (click to enlarge)
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  • #124,273
  • Sep 9, 2021 4:36am Sep 9, 2021 4:36am
Quoting emmanuel7788
{quote} GBPUSD Sep09 10PM 4hr trade - buy during the 4hr trade window - swing low price action - trade now at BE+

Attached Image (click to enlarge)
Click to Enlarge Name: GU Sep 09 H1 buy BE now 9-9-2021 5-06-39 pm.png Size: 40 KB

{image}
GBPUSD Sep 09 H1 Live Trade Update 1230PM

- move SL to +1R locked in profit and wait for NYO

- the last 2 hours price action > H1 fails to make higher high with higher close, risky now as momentum lost indicative of H4 candle not moving hence small body

-

Attached Image (click to enlarge)
Click to Enlarge Name: Gu Sep09 H1 buy 1R locked 9-9-2021 7-31-16 pm.png Size: 43 KB


NYSE opening soon time to move over and prepare.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #124,274
  • Sep 9, 2021 4:39am Sep 9, 2021 4:39am
Quoting Tekkies
Type this: US30 we look for MOMENTUM sell, sell, sell....use risk$$$. and post : M2UK2 (something????) chart. Why not a classic US30 M5 BigE chart? Post 120,298 using Big E' TMS 5-Method chart template (one of many) Again this is a an lame attempt to move the focus away from TDI/post647 to something els.

@Tekkies

you do not know M2KU21 ... LOL

here is the link to Sep 07 ... very recent this week. Read the post by strat.

https://www.forexfactory.com/thread/...3#post13697043
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #124,275
  • Sep 9, 2021 5:05am Sep 9, 2021 5:05am
To early that this will be a big profit. Price can always go down again.

The point is what happened to Post 124,268 > US30 we look for MOMENTUM sell, sell, sell....use risk$$$.

How many traders saw that "sell sell sell" and is regretting now the sell trade he/she has placed?
Attached Image (click to enlarge)
Click to Enlarge Name: sell sell.PNG Size: 43 KB
  • #124,276
  • Sep 9, 2021 5:13am Sep 9, 2021 5:13am
Quoting Tekkies
To early that this will be a big profit. Price can always go down again. The point is what happened to Post 124,268 > US30 we look for MOMENTUM sell, sell, sell....use risk$$$. How many traders saw that "sell sell sell" and is regretting now the sell trade he/she has placed? {image}
Tekkies, is this entry to early accordingly to BigE rule, or I misunderstand the entry rule to BigE? I see that the PA is good.
  • #124,277
  • Sep 9, 2021 5:28am Sep 9, 2021 5:28am
Quoting kirinda
{quote} Tekkies, is this entry to early accordingly to BigE rule, or I misunderstand the entry rule to BigE? I see that the PA is good.
It is according to #49....That's why I want to enter on candle 1 or 2 if I see a set up.
Compare Post 124,267 chart (yellow V-line) to this chart. you will see the same setup / entry where the yellow line/ blue bar come together.
----
'To early that this will be a big profit" mean only that you must not sell the eggs before the hen has laid them.
  • #124,278
  • Sep 9, 2021 5:59am Sep 9, 2021 5:59am
Quoting Tekkies
{quote} It is according to #49....That's why I want to enter on candle 1 or 2 if I see a set up. Compare Post 124,267 chart (yellow V-line) to this chart. you will see the same setup / entry where the yellow line/ blue bar come together. ---- 'To early that this will be a big profit" mean only that you must not sell the eggs before the hen has laid them.
I mean, I thought that the TDI crossing was after the candle close (maybe I have been wrong all the time with the TDI crossing?).
As you also can see that blue HA (#1) have not closed yet (in worst case it could have turned red again).

Attached Image (click to enlarge)
Click to Enlarge Name: US30H4.png Size: 57 KB
  • #124,279
  • Sep 9, 2021 6:12am Sep 9, 2021 6:12am
Quoting kirinda
{quote} I mean, I thought that the TDI crossing was after the candle close (maybe I have been wrong all the time with the TDI crossing?). As you also can see that blue HA (#1) have not closed yet (in worst case it could have turned red again). {image}
Hi Kirina,

You can find the answers in BigE's posts.

Some call it Dynamic Entry. Whatever name you like to call it, doesn't affect the trade decisions.

Trade well

#8685
Lain #8621,

So if you wait until it closes to confirm the TDI cross, you'd be entering on the 3rd color change bar.
Isn't that breaking the 2nd color change bar rule?

If everything else looks strong, I don't wait for the candle to close... I enter ASAP.
  • #124,280
  • Sep 9, 2021 6:21am Sep 9, 2021 6:21am
Quoting kirinda
{quote} I mean, I thought that the TDI crossing was after the candle close (maybe I have been wrong all the time with the TDI crossing?). As you also can see that blue HA (#1) have not closed yet (in worst case it could have been red again). {image}
Your thoughts are correct only that you are looking at the wrong blue bar.
Post#25 TDI update itself on bar close as well when the chart is refreshed.
-- TDI update it self on the close of the first blue bar.
Attached Image
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