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Trading Made Simple

  • #126,121
  • Oct 3, 2021 4:26am Oct 3, 2021 4:26am
Quoting Osarojoshua
{quote} Pls do u know how to use volume to trade if u do can u teach me how to use it ?

here is a video for your learning :

Inserted Video


pay attention at time5:21 price action is king
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,122
  • Oct 3, 2021 5:53am Oct 3, 2021 5:53am
Its Big E Post#2 Training chart:
#261...... The TDI is the heart of our method.
Attached Image
  • #126,123
  • Edited 6:18am Oct 3, 2021 6:06am | Edited 6:18am
Quoting Tekkies
Its Big E Post#2 Training chart: #261...... The TDI is the heart of our method. {image}

Post#261:

<>
...
HA Candles... What are their size? If they are small I will usually go find another set up... Look for consolidation... look for how close PA is to supp/res levels... use your brain !

<>
Attached Image
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,124
  • Oct 3, 2021 6:12am Oct 3, 2021 6:12am
Quoting Tekkies
Its Big E Post#2 Training chart: #261...... The TDI is the heart of our method. {image}
>>>>> Do Not trade blindly with the TDI

Attached Image (click to enlarge)
Click to Enlarge Name: EU H1 better volume Oct01 NYC 3-10-2021 9-10-53 pm.png Size: 51 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EU BetterVolume 2.0 3-10-2021 9-09-09 pm.png Size: 42 KB


learn what the volume information show you and price action is king,


>>> #126,122
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,125
  • Oct 3, 2021 6:32am Oct 3, 2021 6:32am
Quoting emmanuel7788
{quote} >>>>> Do Not trade blindly with the TDI {image} {image} learn what the volume information show you and price action is king, >>> #126,122

more education for you so that you do not trade blindly the TDI green cross red,...

Inserted Video
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,126
  • Edited 9:03am Oct 3, 2021 8:52am | Edited 9:03am
Post#261:.... HA Candles... What are their size? If they are small I will usually go find another set up... Look for consolidation... look for how close PA is to supp/res levels... use your brain !

No problem.
Will go with:
Post#2..... 1st Trading Chart... Note on the TDI showing your entry set ups... green crossing red enter on that new PA candle..
Post #1981.... Todays Trade - 1hr chart - Looking left you'll see where PA dropped to previous support... TDI check mark exit...

Hi, Vincent when are you going to realize that BigE used PA to refer to candles and Price Action in different posts.
(Going by what you post, it shows clearly readers that you don't have a brain to use.)
---------
This "volume information" you are snake oiling to the readers, will that be method Nr 40 or 41?
(Forgot, it is a new month, according to your monthly planning diary it is time to peddle a new method.)

Anyway Vincent, why make it so complicated?

Use TDI as an volume indicator.
BigE even gave advice how to avoid those lossing trades (yellow trend lines).
#647..... Am I in or close to a consolidation area
Attached Image (click to enlarge)
Click to Enlarge Name: volle.PNG Size: 71 KB
  • #126,127
  • Oct 3, 2021 11:07am Oct 3, 2021 11:07am
Quoting Tekkies
Post#261:.... HA Candles... What are their size? If they are small I will usually go find another set up... Look for consolidation... look for how close PA is to supp/res levels... use your brain ! No problem. Will go with: Post#2..... 1st Trading Chart... Note on the TDI showing your entry set ups... green crossing red enter on that new PA candle.. Post #1981.... Todays Trade - 1hr chart - Looking left you'll see where PA dropped to previous support... TDI check mark exit... Hi, Vincent when are you going to realize that BigE used PA to refer to...
His off-topic posts about volume demonstrate how he cannot stay on THE topic of this thread: The 5-method ONLY.

And, because after 10 YEARS of trying, he shows at least weekly that he cannot trade the 5-method, so makes all kinds of additions and PERVERSIONS, with this month's addition being volume, as you said. It really says a lot about his poor character when he refuses to respect BigE and post material that is not part of the 5-method. He does not have enough respect to do the right thing and open another thread where he can add anything he wants to any system and discuss it all there.

It's easy to see why he has to resort to Photoshop to present any good appearing trade results.

Last week, some members PMd me about one of Vincent's scams that likely is not caught by the naive. It was refreshing to see that there are indeed some astute readers that all found the same trickery in the same posts of his.


.
To free Gazans of Hamas, use whatever it takes.
  • #126,128
  • Oct 3, 2021 4:17pm Oct 3, 2021 4:17pm
Quoting emmanuel7788
{quote} #7555 >>> Yes, it is possible to make $500 to $1000 per day. Trading US30 Sep 01 to Sep 30 {image}
WoW Emma great results, are we still using the TMS initial template HA, TDI , Stoc along with the price action. I do trade US30 based on Market Profile would like to use these template, Mostly I trade during initial balance 9.30 AM-10.30 AM , that would be helpful if you can share few words (or just mention few posts I will try to grab) about the setup how you are trading by using TMS strategies. I didnt check your valuable posts these days.

Thanks again Emma for helping the trading community. Greatly appreciate your time.
  • #126,129
  • Oct 3, 2021 4:51pm Oct 3, 2021 4:51pm
Quoting MalvernTrust
{quote} WoW Emma great results, are we still using the TMS initial template HA, TDI , Stoc along with the price action. I do trade US30 based on Market Profile would like to use these template, Mostly I trade during initial balance 9.30 AM-10.30 AM , that would be helpful if you can share few words (or just mention few posts I will try to grab) about the setup how you are trading by using TMS strategies. I didnt check your valuable posts these days. Thanks again Emma for helping the trading community. Greatly appreciate your time.
Hi MalvernTrust

Good to know that you are using market profile in your trading. That is progress in the last 10 years. Those who are stuck in time 2010 will miss many opportunities in learning the new tools and make more money.

I did post several youtube videos on trading with Infinity Futures and learn how to trade E-Mini Futures.
I trade the CME hours and only 1 to 3 hours of the opening because of the time zone I am trading late at night.
Trade on the m5 chart timeframe and using m2m3m5 setup entries and at pre-defined key price levels.
Follow price momentum candles. Trading is about your risk management and that is very important.
Usually I do only 5 trades per day and with 60:40 hits, that's enough for me to get that $500 to $1000 per night.
Last Friday Oct 01 was a rough day, but I still manage to hit $1,000.
You have to work very hard at trading.

Attached Image (click to enlarge)
Click to Enlarge Name: US30 Oct01 trades closed 1-10-2021 10-23-36 pm.png Size: 157 KB

I post some trades later today.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,130
  • Oct 3, 2021 5:08pm Oct 3, 2021 5:08pm
Quoting Tekkies
Post#261:.... HA Candles... What are their size? If they are small I will usually go find another set up... Look for consolidation... look for how close PA is to supp/res levels... use your brain ! No problem. Will go with: Post#2..... 1st Trading Chart... Note on the TDI showing your entry set ups... green crossing red enter on that new PA candle.. Post #1981.... Todays Trade - 1hr chart - Looking left you'll see where PA dropped to previous support... TDI check mark exit... Hi, Vincent when are you going to realize that BigE used PA to refer to...

@Tekkies

After more than 5 years you are still struggling to trade Big E' 5-Method and stuck in your TDI green cross red.
Price action is king and latest market trend is to use volume profile as another trading tool to help pick the best trades.
For you, do not try volume profile yet until you have mastered Big E' 5-Method.

Traders like me, we are all becoming more like Big E back in 2009:
#202
"For anyone who knows me... you know I'm always testing, tweeking, etc. to find improvements."

Using volume profile is just one of many improvements to how we trade Big E' 5-Method and make money consistently like he did.
But first, you have to discover the root of the 5-Method i.e. before Big E added the Stochastics and Dean Malone' Synergy APB/HA candles, and TDI to the original 5-Method.

It is obvious that you still have not learn the original 5-Method. It's okay, you are not the only one. Many have been trying and still looking, and have not found it.

Anyway, you still have 3 months - Oct, Nov and Dec, to at least try recover all you 2021 losses.

Open a new Demo account with USD10,000 leverage 25:1. Treat this Demo account like real money and practice entries and exits, using %money risk R and Position Sizing. See if you can be like Big E and pick the best setups to trade. Aim for 1.5R to 3R profits per trade. When you have losing trades, all losers are -1R but your winners are 1.5R to 3R, and win a win rate of 60% you will make some money.

Your current M15H1 Vline method > losers are 3 times your winners. This is why your account has been in Drawdown since Dec 05 2020.

Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies TE Trade Report Oct01 update comment.png Size: 154 KB


Have Fun !
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,131
  • Oct 3, 2021 5:13pm Oct 3, 2021 5:13pm
Quoting DrDave
{quote} His off-topic posts about volume demonstrate how he cannot stay on THE topic of this thread: The 5-method ONLY. And, because after 10 YEARS of trying, he shows at least weekly that he cannot trade the 5-method, so makes all kinds of additions and PERVERSIONS, with this month's addition being volume, as you said. It really says a lot about his poor character when he refuses to respect BigE and post material that is not part of the 5-method. He does not have enough respect to do the right thing and open another thread where he can add anything...

@fakeDr

You are doing a great job in keeping poor @Tekkies with you in both your shared losing pit.

See Post#81,686 >>> "A picture is worth a thousand words..." { click }
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,132
  • Oct 3, 2021 5:19pm Oct 3, 2021 5:19pm
Quoting MalvernTrust
{quote} WoW Emma great results, are we still using the TMS initial template HA, TDI , Stoc along with the price action. I do trade US30 based on Market Profile would like to use these template, Mostly I trade during initial balance 9.30 AM-10.30 AM , that would be helpful if you can share few words (or just mention few posts I will try to grab) about the setup how you are trading by using TMS strategies. I didnt check your valuable posts these days. Thanks again Emma for helping the trading community. Greatly appreciate your time.

This is one of many tutorial videos to learn:

Inserted Video
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,133
  • Oct 3, 2021 5:20pm Oct 3, 2021 5:20pm
Quoting emmanuel7788
{quote} Hi MalvernTrust Good to know that you are using market profile in your trading. That is progress in the last 10 years. Those who are stuck in time 2010 will miss many opportunities in learning the new tools and make more money. I did post several youtube videos on trading with Infinity Futures and learn how to trade E-Mini Futures. I trade the CME hours and only 1 to 3 hours of the opening because of the time zone I am trading late at night. Trade on the m5 chart timeframe and using m2m3m5 setup entries and at pre-defined key price levels....
Thanks very much Sir for your reply, could you please share the Trading made simple template ( latest/greatest one) I will try. I do not know you post something on YouTube, could you please share , i will watch and learn.

I am using Supply and Demand ( Kind of institutional order flow) levels on higher timeframe H4/D1/W and trying Market profile on M30/M15 Charts during or just after the IB. I would like to use some templates from here to measure the PA during market hours.

Thank you
  • #126,134
  • Oct 3, 2021 5:20pm Oct 3, 2021 5:20pm
so the op has been gone 10yrs and when he was trading through his own admission he was rookie trader and yet the discussion continues about a tdi or stoch. When are you guys going to learn price action which is HHHL or LLLH put the lagging info down and let the market tell which direction its in wait for the trend trade the pullback
  • #126,135
  • Oct 3, 2021 5:29pm Oct 3, 2021 5:29pm
Quoting emmanuel7788
{quote} This is one of many tutorial videos to learn: https://youtu.be/MMyf3kU6wjo

this pre-recorded Sep23 live trading streaming webinar:

Inserted Video


learn from professional traders.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,136
  • Oct 3, 2021 6:09pm Oct 3, 2021 6:09pm
Quoting MalvernTrust
{quote} Thanks very much Sir for your reply, could you please share the Trading made simple template ( latest/greatest one) I will try. I do not know you post something on YouTube, could you please share , i will watch and learn. I am using Supply and Demand ( Kind of institutional order flow) levels on higher timeframe H4/D1/W and trying Market profile on M30/M15 Charts during or just after the IB. I would like to use some templates from here to measure the PA during market hours. Thank you

@MalvenTrust

those are youtube videos freely available.

they are not mine. I pick only those videos where there are good lessons for traders here.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,137
  • Oct 3, 2021 9:06pm Oct 3, 2021 9:06pm
"For anyone who knows me... you know I'm always testing, tweeking, etc. to find improvements."

Hi Vincent, can not find that those words or post by BigE in this thread, therefor it is BULLSHIT.
  • #126,138
  • Oct 3, 2021 9:08pm Oct 3, 2021 9:08pm
Quoting emmanuel7788
{quote} @MalvenTrust those are youtube videos freely available. they are not mine. I pick only those videos where there are good lessons for traders here.
Thank you very much,
  • #126,139
  • Edited 9:40pm Oct 3, 2021 9:15pm | Edited 9:40pm
Quoting Divergence
so the op has been gone 10yrs and when he was trading through his own admission he was rookie trader and yet the discussion continues about a tdi or stoch. When are you guys going to learn price action which is HHHL or LLLH put the lagging info down and let the market tell which direction its in wait for the trend trade the pullback
Long time no post.

Keep it simple Divergence, link a Trade Explorer with start date set to 01/01/2021 to a chart that you post here and let the readers decide if there is any merits to what you post.

You don't want to do that it will only indicate you were flapping lips again about nothing.
  • #126,140
  • Oct 3, 2021 9:16pm Oct 3, 2021 9:16pm
Quoting Tekkies
"For anyone who knows me... you know I'm always testing, tweeking, etc. to find improvements." Hi Vincent, can not find that those words or post by BigE in this thread, therefor it is BULLSHIT.
@Tekkies

here is for you to start all over again:

Introduction to Trading Made Simple

To learn what Trading Made Simple is, you have to follow the trading journey of the OP eelfranz aka Big E. He started as a newbie in 2008. Know the history and you will learn a lot from the OP and when you have mastered the 5-Method, you can then move on and develop your own trading system following how he did his. Many traders have moved on to trade their own systems.

Trading Made Simple for beginners : Post#52,707

A short history by pioneer member snarlyjack Post#110

Our late OP eelfranz aka Big E spent 6,000 hours: Post#6 and he evolved as a trader and went on and developed two trading methods.
5-Method and 21/233 Method Post#3018, Post#4104,

After months of postings and answering many frequently asked questions FAQs,
eelfranz made the jump to this new Trading Made Simple thread on 26 April 2011... Post#4432

In Post#1, he explained how he traded the H4 chart timeframe and he also traded the H1 chart during the NY session. This suited his lifestyle being retired and the time zone he lived. Sadly he passed away in Oct 2012.

Two very important posts: Post#261 and Post#647, give a simple summary of what this 5-Method is and the basic forex stuff we check before we look for the TDI setups to trade.

TMS 5-Method Basic Rules: Post#53,841
Always check the #1- Price Action first, then #2- TDI Post#3142
Big E wanted us to build this TMS thread together... Post#4,432

The original indicators and template Post#25
When you are overwhelmed (information overload) by the number of posts and the loads of information and variations shared by other traders here, the best thing to do is to stop reading and go back to the basics what Big E mentioned in his 463 posts in this thread and 861 posts in the CHS thread. First you learn and master the 5-Method first before you start add your own tweaks and make a new system.

Recommendations:
Read all of Big E posts... 861posts in the Craig Harris Stochastics thread and 463 posts in this TMS thread....and make notes on those training charts he posted. Pay attention whenever he mentioned PA and what you see on his training charts.

Learn the basic stuff about forex trading first. A good place to start is www.babypips.com/school

If you want to trade the way Big E described in Post#1, make sure you use his template , the Synergy APB / HA candles and use that TDI Red Green version. These are in Post#25.

Important to Note that the TDI Red Green version repaints all the bars in history so you cannot use this when you do back-testing by scrolling back your charts. The better way is to run this in live market and trade the TMS setups based on what you see without refreshing your charts. When you want to trade with entries on the APB#1 and APB#2 candles, always wait for the price bar/candle to close and use the TDI to confirm the setup.

Big E was a rules-based discretionary trader. According to studies by Dr Van K Tharp this rule-based discretionary are the best traders,

Enjoy and Have fun during your learning journey..
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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