Trading Made Simple | Page 6216 | 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

  • #124,301
  • Sep 9, 2021 10:12am Sep 9, 2021 10:12am
Quoting Tekkies
{quote} Try this one Post 88,625 > TDI Alerts v4. (look inside the mq4 file at what Jim Hodges wrote)
I prefer the version that Havover have made.
  • #124,302
  • Sep 9, 2021 10:23am Sep 9, 2021 10:23am
Quoting kirinda
{quote} I prefer the version that Havover have made.
Click the https link which will direct you to Hanove's TDI.
  • #124,303
  • Sep 9, 2021 10:27am Sep 9, 2021 10:27am
Quoting emmanuel7788
{quote} LOL. NYSE not open when you post and you look for trades. Do you know anything about stopping volume and price action when you trade stock market indices? {image}
Indices Trading is different game, It is not eurusd, gbpusd.

If any one trade Indices like forex he will lose money quickly.
BTW my GA Trade still running add 2 trade close one with little profit, I let 2 trade run.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.png Size: 33 KB
MA provides the market's current direction and strength.
  • #124,304
  • Sep 9, 2021 10:42am Sep 9, 2021 10:42am
Quoting hasib
{quote} Indices Trading is different game, It is not eurusd, gbpusd. If any one trade Indices like forex he will lose money quickly. BTW my GA Trade still running add 2 trade close one with little profit, I let 2 trade run. {image}
If any one trade Indices like forex he will lose money quickly.
More wrong "facts"! The real facts are, I started out trading S&P e-mini 500 with IMT system and made money. I later moved to trading Forex using the IMT system and make money.

It is more likely that these are the facts:
"When Hasib trades Indices like he trades forex, he loses money quickly. When Hasib trades forex, he loses money quickly. When Hasib trades indices, he loses money quickly."
To free Gazans of Hamas, use whatever it takes.
  • #124,305
  • Sep 9, 2021 10:48am Sep 9, 2021 10:48am
Quoting pips29
this was a candlestick pattern I used and traded this pair after price has rejected the upper limit of the weekly range several candles back. It worked out just fine {image}
yes, ADR, AWR, AMR is absolute gold, EMM talks about it here. very few people understand the value of it.
IMO, EMM some time share some of the gold standard information people just not ready to use it or understand it. I also previously avoid many of his gold.

He just don't give all the details but he do share gold, people have to understand it and practice it and internalize it.
I started using ADR, AWR, AMR.
I saw Davit also admit he give more attentions to ADR.

we have to discuss more to internalize concept that is why fight and discussing about trading concept is good. we learn new thinks from each other. Even I think we have learn new ways of thinking from newbies too.
I love all TMS contributor Including all the people I disagree with. Because of them I have think more and I get hard on myself.
One thinks is possible here that is Improvement, Continues trading improvement.
MA provides the market's current direction and strength.
  • #124,306
  • Sep 9, 2021 10:55am Sep 9, 2021 10:55am
Quoting DrDave
{quote} If any one trade Indices like forex he will lose money quickly. More wrong "facts"! The real facts are, I started out trading S&P e-mini 500 with IMT system and made money. I later moved to trading Forex using the IMT system and make money. It is more likely that these are the facts: "When Hasib trades Indices like he trades forex, he loses money quickly. When Hasib trades forex, he loses money quickly. When Hasib trades indices, he loses money quickly."

If that makes you happy, I don't have any problem brother.

But on serious note, strategy has to change for each instrument. If you back test with ALGO you will understand the concept. For example if you trade GJ how you trade with UC it will not work well. It is proven. For example I have share a BB concept, some of the good coder created a free BB EA. Go install it and Backtest it with different pair you will understand what I mean.

BTW share some of your trade here we can discuss your IMT here. Hope it will improve our and your trading.
Stay safe.
MA provides the market's current direction and strength.
  • #124,307
  • Sep 9, 2021 10:56am Sep 9, 2021 10:56am
Quoting tommydoginti
{quote} 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...
Attached Image (click to enlarge)
Click to Enlarge Name: 284ba63fb75702b2cfd5390564eb9cbf.png Size: 77 KB


1st buy range low to range high - 2.33R
2nd buy re-entry upon breakout resistance - 1R

Simply following BigE's Trading Made Simple. Simple entry and exit rules

Considering the few elements instructed by BigE. Enough to made decision for the trade with high odds of winning.

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

Attached Image (click to enlarge)
Click to Enlarge Name: 977e3157d5ece4ac691074db4a282f36.png Size: 165 KB


Adding crap EAs does not help improve your trading. Set and forget SLTP you can maximise your odds and profit with your analysis. Trust your analysis as a TMS trader

#1718
All this extra crap does nothing but confuse other traders and their success rate drops and they can't figure out why...

Everyone - Please stop adding anything... stick to the SIMPLE BASIC RULES.
That's what makes it work !
  • #124,308
  • Sep 9, 2021 11:03am Sep 9, 2021 11:03am
Quoting hasib
{quote} If that makes you happy, I don't have any problem brother. But on serious note, strategy has to change for each instrument. If you back test with ALGO you will understand the concept. For example if you trade GJ how you trade with UC it will not work well. It is proven. For example I have share a BB concept, some of the good coder created a free BB EA. Go install it and Backtest it with different pair you will understand what I mean. BTW share some of your trade here we can discuss your IMT here....
Woooo... I will pass.

To be brutally honest,
1. You don't know coding, but want to go ALGO (!?)...
2. You don't know how to properly backtest a system manually or with EA
3. You don't understand a strategy. How on earth can you backtest it correctly?

I don't think your opinion on backtesting has any value. Sad but true.

Stop looking for Holy Grail system for each instrument. Focus on a strategy and trade it consistently. Trade however many instruments you like. One trick is enough to profit.

Attached Image (click to enlarge)
Click to Enlarge Name: 267b5a5abfffc1b645f764cca8a3bbb5.png Size: 302 KB
  • #124,309
  • Sep 9, 2021 11:06am Sep 9, 2021 11:06am
Quoting tommydoginti
{quote} Woooo... I will pass. To be brutally honest, 1. You don't know coding, but want to go ALGO (!?)... 2. You don't know how to properly backtest a system manually or with EA 3. You don't understand a strategy. How on earth can you backtest it correctly? I don't think your opinion on backtesting has any value. Sad but true. Stop looking for Holy Grail system for each instrument. Focus on a strategy and trade it consistently. Trade however many instruments you like. One trick is enough to profit. {image}
Instead of wasting years fiddling around systems, carelessly backtesting them and recklessly claim the trading methods useless, spend some months to drill into one strategy.

Trade well everyone.

Attached Image (click to enlarge)
Click to Enlarge Name: 5741a36cec7bdd80e34d2d0805809882.png Size: 679 KB
  • #124,310
  • Sep 9, 2021 11:10am Sep 9, 2021 11:10am
Quoting eelfranz
Guys.... My point is lets keep the thread clean... If you see a post for someone looking for something or a different way you trade it... no problem but please PM them alone... thanks... Lets build this so we can help as many traders as possible because they all have money and time invested and they need to make money for their efforts. Starting out you should be 60-65% successful. Within 1 to two months you should be 70-80% successful.. IF... you follow the simple rules and simple exits... 3-6 months... 85% successful. Don't complicate it... keep...
BigE #495
Starting out you should be 60-65% successful. Within 1 to two months you should be 70-80% successful.. IF... you follow the simple rules and simple exits... 3-6 months... 85% successful. Don't complicate it... keep it simple. Buy your wheel barrow..

Attached Image (click to enlarge)
Click to Enlarge Name: a92b4658d43598b2bcc0c7a4602f72b9.png Size: 47 KB
  • #124,311
  • Edited 11:32am Sep 9, 2021 11:14am | Edited 11:32am
Quoting hasib
{quote} If that makes you happy, I don't have any problem brother. But on serious note, strategy has to change for each instrument. If you back test with ALGO you will understand the concept. For example if you trade GJ how you trade with UC it will not work well. It is proven. For example I have share a BB concept, some of the good coder created a free BB EA. Go install it and Backtest it with different pair you will understand what I mean. BTW share some of your trade here we can discuss your IMT here....
What makes me happier is when people stop presenting their personal biases and ideas as FACT and instead, clearly state that what they say is their personal opinion/bias, etc. However, if they can provide a reference to support their "fact" claim, then the reader has the opportunity to review the source document and make a determination as to the credibility of the source material.

And, once again, more of your opinion rather than facts: "if you trade GJ how you trade with UC it will not work well."
This is simply not true with IMT. But apparently, YOUR specific method(s) is not robust, i.e., is unable to perform in a similar manner when implemented on a variety of instruments. And most likely, your method(s) is not robust on a variety of timeframes.

BTW share some of your trade here we can discuss your IMT here.
LOL. This is the TMS thread where the thread owner SPECIFICALLY said, "... this thread will only be about the 5 method."
In addition, I have posted many trades using IMT already in various threads . If you want to discuss them, make a reply to them in the associated thread.
To free Gazans of Hamas, use whatever it takes.
  • #124,312
  • Sep 9, 2021 11:19am Sep 9, 2021 11:19am
Quoting tommydoginti
{quote} Woooo... I will pass. To be brutally honest, 1. You don't know coding, but want to go ALGO (!?)... 2. You don't know how to properly backtest a system manually or with EA 3. You don't understand a strategy. How on earth can you backtest it correctly? I don't think your opinion on backtesting has any value. Sad but true. Stop looking for Holy Grail system for each instrument. Focus on a strategy and trade it consistently. Trade however many instruments you like. One trick is enough to profit. {image}
Thanks 9 months trader , Baby Boy.
Let me surprise you! I have 5 Algo Backtested Strategy. How did I do that, Ask your self you will find the answer,
If you fail I will help you.

How your playing with TMS I have done it Years ago. It is old game for me Now your playing that game.

BTW, Your learning and improving your trading game I can see. Keep doing you will get Better and Better.
Oh one more think Dave is more experience trader in your team, Just give you a hint.
What you will do with that hint it's up to you.
But I can tell you your way more behind EMM.

Chess analogy to help you understand. EMM is GM, Your just a club player with out any norm.
Can you become GM, I believe in you, You can Become GM. Just have to give more time.

And you said you know Algo, so post more of your algo testing. It will open up new world for you and others here. Experience traders may give you more inside.
After all we all are here to improve our trading.
MA provides the market's current direction and strength.
  • #124,313
  • Sep 9, 2021 11:29am Sep 9, 2021 11:29am
Attached Image
  • #124,314
  • Sep 9, 2021 11:29am Sep 9, 2021 11:29am
Quoting tommydoginti
{quote} {image} 1st buy range low to range high - 2.33R 2nd buy re-entry upon breakout resistance - 1R Simply following BigE's Trading Made Simple. Simple entry and exit rules Considering the few elements instructed by BigE. Enough to made decision for the trade with high odds of winning. 1. TDI green red line (#647 PA analysis) 2. Previous High/Low 3. Rejection at previous High/Low 4. Trend, long and short term {image} Adding crap EAs does not help improve your trading. Set...
Nice.

But I make use of all TFs, and would not make 1st buy based on the M15 TF, but rather only consider a buy after the M5 presented a confirmed direction change, as shown.
Attached Image (click to enlarge)
Click to Enlarge Name: a3b3e5b082bcb1e57d5679bfea61475d.png Size: 107 KB
To free Gazans of Hamas, use whatever it takes.
  • #124,315
  • Sep 9, 2021 11:32am Sep 9, 2021 11:32am
Quoting hasib
{quote} Thanks 9 months trader , Baby Boy. Let me surprise you! I have 5 Algo Backtested Strategy. How did I do that, Ask your self you will find the answer, If you fail I will help you. How your playing with TMS I have done it Years ago. It is old game for me Now your playing that game. BTW, Your learning and improving your trading game I can see. Keep doing you will get Better and Better. Oh one more think Dave is more experience trader in your team, Just give you a hint. What you will do with that hint it's up to you. But I can tell you your...
That is good! Good luck.

Stick to your backtested strategies and focus on trading them.

We don't see you exert Self-Sabotage again! Especially they have nothing to do with BigE's Trading Made Simple method.
I mean, really we are here to wish you success, not wanting to see you fail.

Just don't repeat your mistake

Trade well

Attached Image (click to enlarge)
Click to Enlarge Name: aabfa41f4aa93f3e5ff043cd1b1244e3.png Size: 485 KB
  • #124,316
  • Edited 11:46am Sep 9, 2021 11:34am | Edited 11:46am
Quoting dzimidula
Attached Image
Right on! The daily laugh-a-thon!
To free Gazans of Hamas, use whatever it takes.
  • #124,317
  • Edited 12:46pm Sep 9, 2021 11:38am | Edited 12:46pm
The 4 hour candle is closing soon and probably an evening star pattern will be printed
EDit: closed with big bearish candle and a tdi cross is clearly seen
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPCAD.pH4b.png Size: 54 KB
Click to Enlarge Name: GBPCAD.pH4c.png Size: 54 KB
the cautious seldom err....C
  • #124,318
  • Sep 9, 2021 11:59am Sep 9, 2021 11:59am
Quoting tommydoginti
{quote} Instead of wasting years fiddling around systems, carelessly backtesting them and recklessly claim the trading methods useless, spend some months to drill into one strategy. Trade well everyone. {image}
This is true. One of Jack Schwaeger’s Market Wizards (can’t remember who), once said that he could trade the zig-zag path of a cockroach on a wall with his system. He was pretty much saying he could trade anything with his method.
  • #124,319
  • Sep 9, 2021 3:45pm Sep 9, 2021 3:45pm
Quoting dzimidula
{image}
A picture is worth a thousand words
  • #124,320
  • Sep 9, 2021 4:33pm Sep 9, 2021 4:33pm
Quoting Tekkies
{quote} A picture is worth a thousand words
"A picture is worth a thousand words"

did a quick thread search with > "A picture is worth a thousand words"

guess what came up? { link }

quite funny.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
231 traders viewing now