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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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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

  • #125,161
  • Sep 22, 2021 7:23am Sep 22, 2021 7:23am
Quoting emmanuel7788
{quote} if you are scalping like Big E, then his TDI in Post#25 is good for his entry and exit style. however, we know the TDI is build from the RSI data and using moving averages for the green line, red lines and the yellow yellow lines, and the blue volatility band is the bollinger band (34 period). there are more important information required when you are swing trading and this TDI does not show you.
there are more important information required when you are swing trading and this TDI does not show you.
DUH!! BigE explained MANY TIMES in his posts in this thread for what the TDI is used and how to use it. He also explained what to do when TDI green cross red is seen and much other information to consider after seeing the crossing.

Good to see that you finally figured out what comprises the TDI. Now if only you could figure out the meaning of BigE's posts and adhere to what he posted.
To free Gazans of Hamas, use whatever it takes.
  • #125,162
  • Sep 22, 2021 7:37am Sep 22, 2021 7:37am
Quoting hasib
{quote} Every one is saying gold will move up gold will move up. Now I am seeing something in the chart, probably gold will move up. BTW many investors and traders are selling gold instead of buying. Gold become very interesting, Lets see what is coming next. I don't like to predict probably it will move towards 1900 level. {image}
Yes, it could move to the 1900 level, but likely only as a RALLY on big TFs.

XAUUSD is in a long term upswing that is due to end. So, it more likely that price will be trending DOWN on smaller TFs in order to try to bring down the higher TFs. And of course, we're back to the subject of PERSPECTIVE as to price moving up or down, because a higher TF that is in a downswing will have RALLIES. So if you are like many people and fix your gaze on 1 or 2 TFs only, then your BIAS for gold price trending up or down is limited by that perspective.

With that said, my bias is for prices to come down with selling opportunities, and on high enough TFs when the ATR is acceptable, the RALLIES, that for some folks see as "price is going up", can provide BUYING opportunities. (Rallies are price going up for the purpose of coming down again, not for the purpose of continuing {or starting} and uptrend.)
To free Gazans of Hamas, use whatever it takes.
  • #125,163
  • Sep 22, 2021 9:49am Sep 22, 2021 9:49am
Quoting Hua123
Hello everyone, I just came to this forum. I want to learn from you and join your chat. From which floor should I start to read how to use the system? Thanks!
Your first work is start reading Babypips.com
MA provides the market's current direction and strength.
  • #125,164
  • Sep 22, 2021 10:15am Sep 22, 2021 10:15am
Quoting Hua123
Hello everyone, I just came to this forum. I want to learn from you and join your chat. From which floor should I start to read how to use the system? Thanks!
Hello and welcome to the TMS thread.

I would suggest you to learn and study all the posts by the thread OP, BigE (eelfranz)

Quoting emmanuel7788
{quote} Big E is the big deal. {image}


For this I totally agree with him.


The way I practice TMS can be found in the following posts by BigE, No need to add any more craps like gambling EAs and indicators.

1. TDI is heart of the TMS 5-method --- #261, #2617
All trades I share here are signaled by TDI green cross /bounce red

2. I work with time frames and time of day that suits me --- #644, #1170, #4470
I usually trade during work hour because of my privilege at my job which I have a lot of free time. Sometimes at night because it is London/NY market time when volatility is high. I like Lower Time Frame because I prefer quick-in-quick-out.

3. I use simple PA analysis that everyone can learn --- #276, #647
I prefer leading ones which I can anticipate TMS TDI cross/bounce setups to catch the swing in early stage like BigE demonstrated in his charts

4. Aligning with the discussion of this thread during BigE's time, entries are the main focus --- #495
If I have other aspect of trading to share, I would go to other related threads. I hope readers in this thread can receive concise and relative information in respective thread for efficient learning

5. I apply the correct use of TDI Green & Red lines --- #11
#11 has clearly shown that BigE refreshed his chart before viewing the chart. Traders who want to learn and practice the TMS should 1) refresh the chart before analysis, or 2) use a non-repainting TDI Green Red indicator. I chose the later.

6. Absolutely no EA --- #802
Two reasons: 1) To respect the thread rule. 2) If you need to rely on EAs to help you become profitable, i) Your trading skill is so-so at this stage, and ii) you will never learn the discretionary analysis that can further improve your trading skills

7. Most importantly, I participate the forum with respect --- #486


Adding crap EAs does not help improve your trading. Set and forget SLTP you can maximise your odds and profit. 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 !
  • #125,165
  • Edited 10:43am Sep 22, 2021 10:20am | Edited 10:43am
Quoting PixelSniper
{quote} This chart contains one of my dream setups. Big rush, weakness sign and crash.
yes it is also one of my favourite setups to trade with low risk when trading counter trend using the TDI green cross red to catch momentum as price reverses

  • #125,166
  • Sep 22, 2021 10:37am Sep 22, 2021 10:37am
Quoting hasib
{quote} Your first work is start reading Babypips.com
Attached Image
  • #125,167
  • Sep 22, 2021 10:38am Sep 22, 2021 10:38am
Quoting emmanuel7788
{quote} US30 Sep22 Tokyo Open > market sentiments > Asian traders FEAR & GREED! {image}
Attached Image
  • #125,168
  • Sep 22, 2021 10:41am Sep 22, 2021 10:41am
Quoting DrDave
{quote} there are more important information required when you are swing trading and this TDI does not show you. DUH!! BigE explained MANY TIMES in his posts in this thread for what the TDI is used and how to use it. He also explained what to do when TDI green cross red is seen and much other information to consider after seeing the crossing. Good to see that you finally figured out what comprises the TDI. Now if only you could figure out the meaning of BigE's posts and adhere to what he posted.
That is exactly true. I think the naysayers and trolls always think naively that BigE’s Trading Made Simple is blindly trading TDI crosses and bounces simply because trading “TDI is heart of the method” by BigE.

And they completely miss the Price Action confluence in #647. Instead adding crap indicators and EAs trying to complement or substitute the TDI... wrong direction.

But it is good to see some long-time losing traders are getting on the right track.
I have already mentioned what comprises the TDI green and red line, and its difference with other non-TMS tools, since beginning of this year.

Quoting tommydoginti
TMS strategy: #1 Indicator download: #25 Look for posts from noise: #116,225 This is to explain the identity of the TDI Green & Red lines used by BigE in his Trading Made Simple. Once you know the settings, it is not limited to use MT4 for charting platform. Also, this post is intended to whoever is dumb and ignorant enough to mess up TDI with other methods (e.g. Blessing3, Fozzi) after 10 years of trading (wow!). There is only smack talk, how hollow are they... Back to...
  • #125,169
  • Sep 22, 2021 11:49am Sep 22, 2021 11:49am
Quoting DrDave
{quote} Yes, it could move to the 1900 level, but likely only as a RALLY on big TFs. XAUUSD is in a long term upswing that is due to end. So, it more likely that price will be trending DOWN on smaller TFs in order to try to bring down the higher TFs. And of course, we're back to the subject of PERSPECTIVE as to price moving up or down, because a higher TF that is in a downswing will have RALLIES. So if you are like many people and fix your gaze on 1 or 2 TFs only, then your BIAS for gold price trending up or down is limited by that perspective....
Be careful with your MTF,
FOMC has the power to kick ass. Seems like $ will be strong. Who knows what is waiting.
I will closely observe GJ.
MA provides the market's current direction and strength.
  • #125,170
  • Sep 22, 2021 11:55am Sep 22, 2021 11:55am
Quoting emmanuel7788
{quote} nice! 'yao ming' candle

Attached Image (click to enlarge)
Click to Enlarge Name: US30 Sep22 m5 nice 22-9-2021 9-28-17 am.png Size: 24 KB

{image}

after that nice! came the beautiful! at NYSE

Attached Image (click to enlarge)
Click to Enlarge Name: US30 M5 at LonClose 23-9-2021 12-48-38 am.png Size: 34 KB


Big E was right : the TDI is and shall remain the heart of his method.... and you can make USD500 to USD1000 (#7555) per evening.

But, if you want to make USD3000 per day you need more than just a heart .
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #125,171
  • Sep 22, 2021 12:01pm Sep 22, 2021 12:01pm
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...
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...

Attached Image (click to enlarge)
Click to Enlarge Name: US30 Sep21 last trade 22-9-2021 7-50-00 am.png Size: 118 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #125,172
  • Edited 12:14pm Sep 22, 2021 12:02pm | Edited 12:14pm
Quoting hasib
{quote} Be careful with your MTF, FOMC has the power to kick ass. Seems like $ will be strong. Who knows what is waiting. I will closely observe GJ.
Be careful with your MTF, FOMC has the power to kick ass.

Because I wait for DIRECTION CONFIRMATION and FOLLOW THE LEADER, it makes little difference to me how powerful or in which direction an ass gets kicked. It's the folks that try to get in at the reversal point via some "prediction" (e.g., indicator went to an overbought(sold) area, price went beyond a band, a bar pattern [pick your favorite one an enter here] occurred, etc.).

Using the LATE/LAGGING indicators gives me high probability of entering a trade in which price goes predominantly in my direction and any retracements prior to reaching an exit point are far from SL.
To free Gazans of Hamas, use whatever it takes.
  • #125,173
  • Sep 22, 2021 12:04pm Sep 22, 2021 12:04pm
Forget about TDI, Focus on trading fundamental supply and demand. As well as technical supply and demand. You can build you basic from here
Inserted Video
.
best of luck.

Those who promote TDI they have bad intention. Don't fall into That.
MA provides the market's current direction and strength.
  • #125,174
  • Sep 22, 2021 12:05pm Sep 22, 2021 12:05pm
Quoting hasib
{quote} Be careful with your MTF, FOMC has the power to kick ass. Seems like $ will be strong. Who knows what is waiting. I will closely observe GJ.

FOMC will bring along some volatility but it will not change the Market Type conditions in one night.

A sideways market will still be sideways tomorrow until the week' NY Close.

A WCC will still be in 'control' during FOMC today.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #125,175
  • Sep 22, 2021 12:12pm Sep 22, 2021 12:12pm
Quoting hasib
Forget about TDI, Focus on trading fundamental supply and demand. As well as technical supply and demand. You can build you basic from here https://youtu.be/ZmrrsiZYcvA. best of luck. Those who promote TDI they have bad intention. Don't fall into That.

there are countless websites and youtube channels teaching forex trading with TDI. trading courses sell sell sell and coaches make money selling trading courses.

but where are all the millionaires TDI traders.

I am not saying the TDI is bad or anything negative. I traded with RSI, Fozzy-RSI and several different versions of Dean Malone' TDI. It is still a nice trading tool.

the TDI is a nice trading tools but to make money consistently in the market you need a lot more than this TDI tool.

Attached Image (click to enlarge)
Click to Enlarge Name: the market iceberg.png Size: 302 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #125,176
  • Sep 22, 2021 12:19pm Sep 22, 2021 12:19pm
Quoting emmanuel7788
{quote} FOMC will bring along some volatility but it will not change the Market Type conditions in one night. A sideways market will still be sideways tomorrow until the week' NY Close. A WCC will still be in 'control' during FOMC today.

USDJPY Sep22 FOMC

- nothing will change after today' FOMC

as it is now before FOMC:

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Sep22 pre-FOMC 23-9-2021 1-18-00 am.png Size: 95 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #125,177
  • Sep 22, 2021 12:30pm Sep 22, 2021 12:30pm
Quoting hasib
Forget about TDI, Focus on trading fundamental supply and demand. As well as technical supply and demand. You can build you basic from here https://youtu.be/ZmrrsiZYcvA. best of luck. Those who promote TDI they have bad intention. Don't fall into That.
Attached Image


Hasib trades fundamentals as well, maybe he should open a new thread? 36th, 37th?

You know what they say, 38h time is the charm.

Attached Image
  • #125,178
  • Sep 22, 2021 12:31pm Sep 22, 2021 12:31pm
Quoting emmanuel7788
{quote} USDJPY Sep22 FOMC - nothing will change after today' FOMC as it is now before FOMC: {image}
Attached Image
  • #125,179
  • Sep 22, 2021 12:35pm Sep 22, 2021 12:35pm
Quoting emmanuel7788
{quote} there are countless websites and youtube channels teaching forex trading with TDI. trading courses sell sell sell and coaches make money selling trading courses. but where are all the millionaires TDI traders. I am not saying the TDI is bad or anything negative. I traded with RSI, Fozzy-RSI and several different versions of Dean Malone' TDI. It is still a nice trading tool. the TDI is a nice trading tools but to make money consistently in the market you need a lot more than this TDI tool. {image}
Attached Image
  • #125,180
  • Sep 22, 2021 12:40pm Sep 22, 2021 12:40pm
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...
Attached Image (click to enlarge)
Click to Enlarge Name: US30 Sep21 last trade 22-9-2021 7-50-00 am.png Size: 118 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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