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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

  • #125,601
  • Sep 26, 2021 4:27pm Sep 26, 2021 4:27pm
Quoting Wags
{quote} Hmmn Some would have made lots of pips as they would have had their exits sorted out and have experience in real trading arena, others would have not Entries are worthless without exits This is why even a first day trader can analyse history, but the truth comes when you are staring a live chart in the face with real money
Big E would close his TMS 4hr trade at 6AM his local time. He would then day trade on H1 for 2 to 3 hours of NY open session. That's his Trading Made Simple.

He could have made more money if he follow this { here }
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #125,602
  • Sep 26, 2021 4:30pm Sep 26, 2021 4:30pm
Quoting emmanuel7788
{quote} Big E would close his TMS 4hr trade at 6AM his local time. He would then day trade on H1 for 2 to 3 hours of NY open session. That's his Trading Made Simple. He could have made more money if he follow this { here }
Ok lets see OHLC candles and close of H4 for entry with exit at 6pm Uk time and see from that chart

With only trading H1 in NY session on that chart
  • #125,603
  • Sep 26, 2021 4:35pm Sep 26, 2021 4:35pm
Quoting kirinda
{quote} This thread is about TMS by BigE (eelfranz). Read his posts. If you need a pdf with his posts you can downloads it from here: https://www.forexfactory.com/attachm...0&d=1558274812 https://www.forexfactory.com/attachm...1&d=1558274826 The person that most close to trading BigE TMS is tommydoginti https://www.forexfactory.com/tommydoginti. Follow him you will learn that it is easy, you only need...
The two traders who can trade and have the discipline in following simple rules for entries and exits are:

1) dcginc

2) Phx62

I do not believe in hindsight traders, new traders posting mostly winning trades or what looks like winning trades on charts.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #125,604
  • Sep 26, 2021 4:46pm Sep 26, 2021 4:46pm
caught out by the widening of spread.It went as wide as 47 pips..luckily no serious damage
Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD.pH1.png Size: 52 KB
the cautious seldom err....C
  • #125,605
  • Sep 26, 2021 4:50pm Sep 26, 2021 4:50pm
Quoting pips29
caught out by the widening of spread.It went as wide as 47 pips..luckily no serious damage {image}

I closed mine because of this, coming to end of quarter higher volatility

I only left AN ongoing as was well up on it
  • #125,606
  • Sep 26, 2021 6:14pm Sep 26, 2021 6:14pm
USDJPY Sep27 Sydney 9am

- H1 buy EP 110.79

TMS V19 Information EA

> H4 risk consolidation TDI give early warning!


Attached Image (click to enlarge)
Click to Enlarge Name: UJ Sep27 H4 V19 buy H1 27-9-2021 7-11-34 am.png Size: 95 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #125,607
  • Sep 26, 2021 8:12pm Sep 26, 2021 8:12pm
TMS Monitor Sep27 H1 Tokyo 10am

- EJ prev slope 0 to curr slope 6

- do you have a trade plan?

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Sep27 H1 Tokyo10am 27-9-2021 9-09-59 am.png Size: 39 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #125,608
  • Sep 26, 2021 8:32pm Sep 26, 2021 8:32pm
TDI green 4-6 depends on your chart screen size and sub-window size ratio.

Attached Image (click to enlarge)
Click to Enlarge Name: EJ Sep 27 H1 same TDI 2 windows 27-9-2021 9-27-58 am.png Size: 56 KB

but the Stoch %K cross %D will still be the same.

what if you apply 4-6 to the Stoch %K line too?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #125,609
  • Sep 26, 2021 8:35pm Sep 26, 2021 8:35pm
Quoting emmanuel7788
TDI green 4-6 depends on your chart screen size and sub-window size ratio. {image} but the Stoch %K cross %D will still be the same. what if you apply 4-6 to the Stoch %K line too?

now I just hit Ctrl+A and this makes all the sub-windows to equal size,

do you see 4-6 or something else?

Attached Image (click to enlarge)
Click to Enlarge Name: EJ Sep 27 H1 ctrl A for sub-windows size 27-9-2021 9-33-19 am.png Size: 41 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #125,610
  • Sep 26, 2021 8:40pm Sep 26, 2021 8:40pm
Quoting emmanuel7788
{quote} now I just hit Ctrl+A and this makes all the sub-windows to equal size, do you see 4-6 or something else? {image}
Anyone here knows the answer?

Is that a True REVERSAL?

Attached Image (click to enlarge)
Click to Enlarge Name: Ej H1 Sep 27 is this a true REVERSAL candle 27-9-2021 9-37-21 am.png Size: 39 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #125,611
  • Sep 26, 2021 8:49pm Sep 26, 2021 8:49pm
Quoting emmanuel7788
{quote} Anyone here knows the answer? Is that a True REVERSAL? {image}

To learn what a True REVERSAL is, go back to the old thread:

{ here }
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #125,612
  • Sep 26, 2021 8:53pm Sep 26, 2021 8:53pm
Quoting emmanuel7788
{quote} To learn what a True REVERSAL is, go back to the old thread: { here }

Once your know the True REVERSAL using the Stoch(8,3,3)

Big E added the TDI #25 as helping indicator

>>> { Here } #202.

now you can slowly work your way back to where it all started and you will discover the original 5-Method.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #125,613
  • Sep 26, 2021 8:59pm Sep 26, 2021 8:59pm
Quoting emmanuel7788
Trading S&P500 next week Sep 27 to Oct 01 (Week 39) - watch this video by Jim Cagnina, listen to what he says and you can pick up a few trading tips to to trade S&P500 *** education is free, there is nothing to sell, nothing you need to buy. Learn from professional trader. https://youtu.be/slxU6Ns47hY - I will be posting live the same way I posted DOW US30 last week.

Trading S&P500 next week Sep 27 to Oct 01 (Week 39)

- did you watch the video by Jim Cagnina?

- are you ready for today NYSE session?

> I took a small 'yao ming' candle this morning... just warming to the bigger session later

Attached Image (click to enlarge)
Click to Enlarge Name: SP500 Sep27 M5 trade small yao ming 27-9-2021 9-54-46 am.png Size: 26 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #125,614
  • Sep 26, 2021 11:27pm Sep 26, 2021 11:27pm
Quoting jmn5611
{quote} Kirinda, welcome to the thread. TMS will always work because it is a price action based strategy, and price action will never change. Big E posted that the TDI is the heart of the system because it is convenient and serves as a tiebreaker if you are not sure what PA is doing. TMS is a great system for beginners until they can trade a naked chart.
Kirinda, welcome to the thread.

Thanks, but I have been in this thread for years even if I do not post as often.

TMS will always work because it is a price action based strategy, and price action will never change. Big E posted that the TDI is the heart of the system because it is convenient and serves as a tiebreaker if you are not sure what PA is doing

BigE look at the TDI before he look at the price action. I'm agree with him because it's faster that way. If you see an setup on the TDI you investigate the Price Action. In addition I use TDI alert to notify about setups. I trade only 3 pairs on 1H. In stead of checking every hourly close
I wait for an alert on the phone.

TMS is a great system for beginners until they can trade a naked chart.
I think many traders use indicators even if they understand PA.
  • #125,615
  • Sep 26, 2021 11:34pm Sep 26, 2021 11:34pm
Quoting Wags
{quote} Hmmn Some would have made lots of pips as they would have had their exits sorted out and have experience in real trading arena, others would have not Entries are worthless without exits This is why even a first day trader can analyse history, but the truth comes when you are staring a live chart in the face with real money
BigE presented many chart with entries like I did.I did It to show that TMS still work . Exits are well defined by TMS. If you take the same chart and add TMS exits you will see that the result are very good.
  • #125,616
  • Sep 26, 2021 11:41pm Sep 26, 2021 11:41pm
Quoting emmanuel7788
{quote} The two traders who can trade and have the discipline in following simple rules for entries and exits are: 1) dcginc 2) Phx62 I do not believe in hindsight traders, new traders posting mostly winning trades or what looks like winning trades on charts.
dcginc and Phx62 doesn't post in this thread anymore. The best is of course real time trading. But it's okey to post TMS example setups, like BigE did also. If someone can post losing trade too with TMS, like BigE did, that will be very good.
  • #125,617
  • Sep 26, 2021 11:57pm Sep 26, 2021 11:57pm
Quoting emmanuel7788
{quote} The two traders who can trade and have the discipline in following simple rules for entries and exits are: 1) dcginc 2) Phx62 I do not believe in hindsight traders, new traders posting mostly winning trades or what looks like winning trades on charts.
I do not believe in hindsight traders, new traders posting mostly winning trades or what looks like winning trades on charts.
Good to see that you have finally come to the realization that you do not believe in yourself. If's a good start for your road to recovery.
To free Gazans of Hamas, use whatever it takes.
  • #125,618
  • Sep 27, 2021 12:00am Sep 27, 2021 12:00am
Quoting emmanuel7788
USDJPY Sep27 Sydney 9am - H1 buy EP 110.79 TMS V19 Information EA > H4 risk consolidation TDI give early warning! {image}
TDI give early warning!
Interesting remark, considering how many times you have bashed TDI as a LAGGING indicator!!
To free Gazans of Hamas, use whatever it takes.
  • #125,619
  • Sep 27, 2021 12:02am Sep 27, 2021 12:02am
Quoting kirinda
{quote} Kirinda, welcome to the thread. Thanks, but I have been in this thread for years even if I do not post as often. TMS will always work because it is a price action based strategy, and price action will never change. Big E posted that the TDI is the heart of the system because it is convenient and serves as a tiebreaker if you are not sure what PA is doing BigE look at the TDI before he look at the price action. I'm agree with him because it's faster that way. If you see an setup on the TDI you investigate the Price Action. In addition I use...
I think many traders use indicators even if they understand PA.
Yes! Even BigE said that he PREFERS to have the TDI displayed on his charts.
To free Gazans of Hamas, use whatever it takes.
  • #125,620
  • Sep 27, 2021 12:32am Sep 27, 2021 12:32am
Quoting emmanuel7788
TMS Monitor Sep27 H1 Tokyo 10am - EJ prev slope 0 to curr slope 6 - do you have a trade plan? {image}

TMS Monitor Sep 27 H4 Tokyo 2PM

- this is my 2nd 4hr candle for the day ( also Big E 10PM PDT)

- UJ H4 hook over from 3 to 11

- but against Daily and Weekly


Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Sep27 H4 Tokyo 2PM 27-9-2021 1-26-18 pm.png Size: 34 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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