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Trading Made Simple

  • #126,181
  • Oct 4, 2021 7:19pm Oct 4, 2021 7:19pm
Quoting emmanuel7788
GBPCAD Week 40 Oct 05 Big Picture - quite simple approach with Weekly Top Down Analysis WTDA - we see a Weekly big candle aka Weekly Control Canlde and its High and Low are the support and resistance - Market Type is sideways ranging wide range ... adopt your trading system strategy for this market type#2 (swing trading). - use Money Management strategy for this market type#2 system strategy. {image} *** you don't need to know if the reversal startsat M1 or M5 or M15. > there will be some TDI green cross red in m15 >> there will be more TDI green...
"You do not trade the markets, you trade your beliefs about the markets." — Dr Van K. Tharp

What is your belief about GBPCAD Week 40?

If my belief is Week 40 will follow through previous Week 39, then I will sell while the Price Action is within the WCC High-Low.

If another belief is Fibonacci retracement levels work, then I wait for Fib50 to sell.

If my other belief is that of Weekly Pivot traders, I look for sell at 618 and 764.

... lots of other beliefs

My core belief is still Big E' 5-Method follow simple rules for entries and exist with Price Action, and the use of the HA candles and 5EMA, Typical price, Shift+2.

What is your Belief System as the Trader?

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,182
  • Oct 4, 2021 7:25pm Oct 4, 2021 7:25pm
Quoting emmanuel7788
{quote} US30 Oct 04 trades closed my day #7555 target partially achieved now I wait for today NYSE session {image}

US30 Oct 04 trades closed rest of the day

my day #7555 target achieved

must work harder at CONSISTENCY and meet Big E' high standard.

$20K every 20-trading day cycle TDC.

you will retire comfortably without giving too much your lifestyle.

Attached Image (click to enlarge)
Click to Enlarge Name: US30 Oct04 trades closed 5-10-2021 7-19-07 am.png Size: 146 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,183
  • Edited 7:50pm Oct 4, 2021 7:33pm | Edited 7:50pm
US30 Oct early bears when Tokyo open

- follow H1 candle price action

- hit the m2m3m5 momentum candle!

Attached Image (click to enlarge)
Click to Enlarge Name: US30 Oct05 early Tokyo session 5-10-2021 8-31-16 am.png Size: 18 KB



Edit: m2m3m5 candles ... realtime chart!

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Click to Enlarge Name: m2m3m5 entry candle 5-10-2021 8-47-53 am.png Size: 17 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,184
  • Oct 4, 2021 8:06pm Oct 4, 2021 8:06pm
Quoting emmanuel7788
US30 Oct early bears when Tokyo open - follow H1 candle price action - hit the m2m3m5 momentum candle! {image} Edit: m2m3m5 candles ... realtime chart! {image}

US30 Oct05

- two threatening green m5 bars ... was watching those small bulls.

- trade at BE+ now

- wait for TP !

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Click to Enlarge Name: US30 Oct05 trade at BE 5-10-2021 9-05-30 am.png Size: 13 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,185
  • Oct 4, 2021 8:09pm Oct 4, 2021 8:09pm
Quoting emmanuel7788
{quote} US30 Oct05 - two threatening green m5 bars ... was watching those small bulls. - trade at BE+ now - wait for TP ! {image}

US30 Oct 05

- TP hit while I was typing the above post .... LOL.

> $500 for today.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,186
  • Oct 4, 2021 8:12pm Oct 4, 2021 8:12pm
Quoting Islandfx911
{quote} WA is a great place to explore Could you please modify Buy and Sell Scripts to minimum line thickness, Text to far right (7 places right), Colour of both Buy and Sell to Steel Blue, Edit TP1 text to match TP 2 text and Remove TP 3,4 and 5. Many Thanks {image}

okie.

I work on this today and PM you.

Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,187
  • Oct 4, 2021 8:28pm Oct 4, 2021 8:28pm
wait for trend trade the pullback this is a 512 tick chart. This is truly trading made simple
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  • #126,188
  • Oct 4, 2021 9:40pm Oct 4, 2021 9:40pm
Quoting emmanuel7788
{quote} US30 Oct 05 - TP hit while I was typing the above post .... LOL. > $500 for today. {image} ... {image} ...

US30 Oct05 buy setup

- Follow H1 Price Action

- m2m3m5m Engulfing bar/candle entry

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Click to Enlarge Name: US30 Oct buy trade m2m3m5 Engulfing 5-10-2021 10-33-00 am.png Size: 33 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,189
  • Edited 9:58pm Oct 4, 2021 9:47pm | Edited 9:58pm
Quoting emmanuel7788
{quote} US30 Oct05 buy setup - Follow H1 Price Action - m2m3m5m Engulfing bar/candle entry {image} ...

US30 Oct 05 buy trade

- TP hit ... +$250

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Click to Enlarge Name: US30 Oct 05 tp hit 5-10-2021 10-45-45 am.png Size: 27 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,190
  • Oct 5, 2021 2:02am Oct 5, 2021 2:02am
Along comes TDI with BigE's advice.
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  • #126,191
  • Oct 5, 2021 4:10am Oct 5, 2021 4:10am
Quoting Divergence
wait for trend trade the pullback this is a 512 tick chart. This is truly trading made simple {image} {image}
Clean chart with out any indicator always make trading simple.
Adding indicator after indicator, decisions making variables after variables make trading complex. This TMS thread is no longer trading made simple.
People add many things, without proper back test and forward test.

New traders come here to learn simple trading strategy, they think it will work for them, actually it doesn't work for them, they waste time fighting here instead trading skills development and back testing their own system. I have seen people come here claim many things, if they did little hard work and back test properly they never claim those thinks here.

some of the TMS teachers teaching TMS years and years but could not develop a single profitable trader, Those TMS teachers are shameless, Ego booster, The post winning trade after winning trade, some people share 100% win rate, some people never share losing trade, and so on, Show off That's it.

It will never help anyone, BigE has one intentions that helping other trader, This thread is far away from that good intentions.

That is why I recommend go to other thread like TMSR, even Davit thread is good if anyone like to trade his method.

I fear not the man who has practiced 10000 kicks once, But I fear the man who has practiced one kick 10000 times.
Bruce Lee
MA provides the market's current direction and strength.
  • #126,192
  • Oct 5, 2021 4:40am Oct 5, 2021 4:40am
Inserted Video


RH pattern
MA provides the market's current direction and strength.
  • #126,193
  • Oct 5, 2021 4:53am Oct 5, 2021 4:53am
Having a bad day hasib?
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  • #126,194
  • Edited 6:46am Oct 5, 2021 6:23am | Edited 6:46am
sorry wrong thread.
  • #126,195
  • Oct 5, 2021 6:29am Oct 5, 2021 6:29am
Quoting Tekkies
Having a bad day hasib?
Attached Image
You noticed it too, eh?
Attached Image
To free Gazans of Hamas, use whatever it takes.
  • #126,196
  • Oct 5, 2021 6:39am Oct 5, 2021 6:39am
Quoting ntk
{quote} I tested TMSmonitor for 2 weeks and see something interesting, if the recommendations matched by observation in H4 and H1, then the signal were high-probable dead-on. Is there a possibility to add recommendation as observe in H1 & H4 in the same table; OR possibility to open 2 Monitors (they are expert so only one work at a time), if you still have source there is maybe some changes like that possible?
It looks like you've fallen into the common behavior of failing to read a thread from the beginning before posting. Barring that, then you simply don't have respect for the wishes of the thread starter and post whatever you feel like.

#1 26 April 2011
Read the complete thread BEFORE ASKING QUESTIONS... YOU WON'T BE SORRY

#5 26 April 2011
Folks were getting confused by mixing up rules from different methods so this thread will only be about the 5 method.

#1933 9 May 2011
Honestly folks... I spent over 2 years refining this method... so it would be simple to understand and easy to trade...
Just follow the simple entry rules and TDI exit rules... this isn't brain surgery or rocket science. Just follow what I show you... what I tell you... not what others say that's not within the rules. It's simple and many of you are thinking it can't be this simple so you try to add things and complicate it... that will only lead to your minimum performance or failure...
When you do that you create stumbling blocks for yourself... Plain and simple... if your not making bunches of pips your not following what I and the other key guys have taught you...
To free Gazans of Hamas, use whatever it takes.
  • #126,197
  • Oct 5, 2021 7:16am Oct 5, 2021 7:16am
Quoting ntk
sorry wrong thread.

Correct thread to ask any questions on the efficient way to use Trading Made Simple tools and trade Big E' 5-Method.

In this thread, we share and discuss live trading using the trading tools like TMS Monitor.

I have two charts open with TMS Monitor.

Chart#1 set to show H4 alerts.
Chart#2 set to show H1 alerts.

This way, I can see when H4 alert also have a H1 alert in the same 4hr/1hr candle time... these are often the best setup condition when the H1 closes the H4, and the trade setup alert is the first H1 of the 4H period.

I also have a Chart#1 set to M15 alerts.

With 3 charts open with TMS Monitor, I usually can pick a M15 entry during the H4 open trade window.



Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,198
  • Oct 5, 2021 7:23am Oct 5, 2021 7:23am
Quoting Tekkies
Along comes TDI with BigE's advice. {image}

Did you read Post#3142?

#1 in importance is PA,

#2 is the TDI for confirmation & Stochs is just an indicator I note. If TDI & Stochs are oppositre... I may pass on the trade...


and Post#2617:
2scoops asked me a long time ago what would be the most beneficial to learning this method for higher success... The answer was simple... study old charts for set ups... now strip down everything on that chart at that point... trends, angles, S/R levels, News times, Stoch angle within the 20-80 lines..etc. Burn it into your memory... I spent 2 years doing that.... so what does that mean?

It takes me 15 seconds to strip a chart down to nothing including the TDI & Stoch's. Taking clean trades is a breeze for me... why?

Read above...

I can take you to water but I can't make you drink... follow the simple entry & exit rules....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,199
  • Oct 5, 2021 7:26am Oct 5, 2021 7:26am
News:

US equity angst rises with tech stocks leading fall
05 October 2021
SPX | 4,300 (-57, -1.3%)
DJIA | 34,003 (-324, -0.9%)
CCMP | 14,255 (-311, -2.1%)
Technology stocks such as Amazon (-2.9%) and Apple (-2.5%) again led losses for US stocks, with a rise in Treasury yields being blamed for the turn in sentiment.
Energy stocks provided perhaps the lone bright spot amongst yesterday's losses, although Amplify Energy Corp (-43.8%) almost literally halved in value after speaking about its role in a recent oil spill - California's worst in 30 years (around 3,000 barrels of oil).
Facebook (-4.9%) experienced an outage yesterday, affecting most of its global network across Instagram and WhatsApp as well. The company is also grappling with allegations from a corporate whistleblower, who is set to testify before the Senate today.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,200
  • Oct 5, 2021 7:28am Oct 5, 2021 7:28am
Quoting Tekkies
Along comes TDI with BigE's advice. {image}

Those two trades made money without the TDI

Attached Image (click to enlarge)
Click to Enlarge Name: US30 Oct buy trade closed 5-10-2021 10-56-31 am.png Size: 108 KB

Now I wait for NYSE trading hours ... and make more money,

my day #7555 target achieved

must work harder at CONSISTENCY and meet Big E' high standard.

$20K every 20-trading day cycle TDC.

you will retire comfortably without giving too much your lifestyle.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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Monfredini