Trading Made Simple | Page 6320 | 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

  • #126,381
  • Oct 8, 2021 1:27pm Oct 8, 2021 1:27pm
Quoting djahidait
is it helpful when trading m5 to use daily pivot as supp and res ? {image}
You have to specify more info
- Which session are you going to use for calculation of pivot points > New York or London.
- What calculation are you going to use > Standard, Fibonacci, Woodie, Camarilla
-----
Suggest to read up about pivots at: https://www.forexfactory.com/thread/...-pivot-trading

You might like what Davit's is doing over there.

a Small tip > Don't ask questions in that thread, much saver to read what gets posted.
  • #126,382
  • Oct 8, 2021 1:32pm Oct 8, 2021 1:32pm
Quoting djahidait
is it helpful when trading m5 to use daily pivot as supp and res ? {image}
Daily pivot is not part of BigE's 5-method. But feel free to try it and open a new thread to discuss your findings there.

#1933 9 May 2011
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.
  • #126,383
  • Oct 8, 2021 2:05pm Oct 8, 2021 2:05pm
Happy weekend everyone.

Big E stated that he could make trades sans TDI.

He kept because he wanted others to make an objective decision about the trigger candle.

The trigger candle ideally should open completely below the 5ema typical. But sometimes this will happen in a ranged market. This is where the TDI comes in, and why he said it is the heart of the system. If the TDI angle is weak and the still cannot know when they are barbed wire, the TDI will keep you out of the trade. In my view showing live trades does not help unless the poster is going to go commercial at some point. Putting up charts is subjective, but everyones language is different, so that could be interesting. Just my opinion, and we all know about opinions.
If you are good at something, never do it for free--Joker
  • #126,384
  • Oct 8, 2021 2:11pm Oct 8, 2021 2:11pm
Quoting Tekkies
{quote} Just in the last few post there was already a major miss presentation posted. #1 important is the Price Action #2 is when both Stochastics and TDI confirm the Price Action . BigE did not used TDI to confirm Price Action. (If that is the case djahidait, ask the member to refer you or let him post more then one post of BigE that did that in this thread.) Always fact check what a member posts against what BigE has posted, you will spot the lies easily. Also don't get fooled by nice looking charts and those beautifully TDI entry's or any other...
Your this trade work out for a reason do you ever try to understand the reason for that.
It is not TDI, It is not Stoch. It is more than that.

Do you understand, align market and Mixed market. go google it, learn from free sources, once you learn free materials than come here ask questions, I will answer you. You will learn from me free.

I will teach you as well as your losing buddies who claim a lot but know nothing. You can go and read Mr. EMM wave chart he posted many times here in FF, many trader like that wave chart and post that in FF. I can tell you if you understand that wave chart and can apply with proper risk management, You don't need pivot, you don't need TDI, you don't need stoch.
How long you will lose money, ask your self. Change your thought process you can change your trading results.
The way your progressing you will be losing trader for next 5 years, and I don't like that.
MA provides the market's current direction and strength.
  • #126,385
  • Oct 8, 2021 2:44pm Oct 8, 2021 2:44pm
Quoting DrDave
{quote} Daily pivot is not part of BigE's 5-method. But feel free to try it and open a new thread to discuss your findings there. #1933 9 May 2011 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...
Am having great results
Like I wanted to avoid bad trades
Like when I have a loss and analysis it I always see I do mistakes that I could have avoided

I will try it on 100 coming trades and see the results
Wealthy
  • #126,386
  • Oct 8, 2021 2:56pm Oct 8, 2021 2:56pm
Quoting Tekkies
{quote} You have to specify more info - Which session are you going to use for calculation of pivot points > New York or London. - What calculation are you going to use > Standard, Fibonacci, Woodie, Camarilla ----- Suggest to read up about pivots at: https://www.forexfactory.com/thread/...-pivot-trading You might like what Davit's is doing over there. a Small tip > Don't ask questions in that thread, much saver to read what gets posted.
Thank you I did not know about calculations lol
Wealthy
  • #126,387
  • Oct 8, 2021 4:11pm Oct 8, 2021 4:11pm
Quoting hasib
{quote} Your this trade work out for a reason do you ever try to understand the reason for that. It is not TDI, It is not Stoch. It is more than that. Do you understand, align market and Mixed market. go google it, learn from free sources, once you learn free materials than come here ask questions, I will answer you. You will learn from me free. I will teach you as well as your losing buddies who claim a lot but know nothing. You can go and read Mr. EMM wave chart he posted many times here in FF, many trader like that wave chart and post that in...
Attached Image
To free Gazans of Hamas, use whatever it takes.
  • #126,388
  • Oct 8, 2021 6:50pm Oct 8, 2021 6:50pm
Quoting djahidait
is it helpful when trading m5 to use daily pivot as supp and res ? {image}

Yes. Daily pivots levels can be useful when you have developed your own trading system and have rules written that include the use of the Pivot and its S and R levels.
I use them for many years. If you read my posts from 2012 till about 2014, I have them on my trading charts.
For example this:
https://www.forexfactory.com/thread/...13#post6512913


But why Big E did not use the Daily Pivots. The answer is quite simple.
He woke up one morning and discovered that he lost almost 70% of his eyesight. He was in fact visually impaired or 70% blind
Too many lines on his charts and too many colours make it very difficult for him which he would say the charts are 'too busy' for him
So he did what a 70% blind person would do ... remove as much as possible to enable him to see the price action easier and better.
He removed the other lines from Dean Malone' Traders Dynamic Index.
He removed the original Synergy' Price Action Channel PAC two yellow lines and replaced that withj just one 5EMA Typical Price , Shift+2.
he removed Dean Malone' ADR.
He removed Craig Harris' Tokyo channel.
He removed Craig Harris fractals.
He removed all the trendlines, high low lines, 00 lines , etc.
He removed so many things from his 19 chart templates...

But he kept the APB/HA candles which has only two colours.

His chart look like this below:

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Oct 08 M5 before refresh 9-10-2021 7-43-46 am.png Size: 50 KB


Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Oct08 m5 refreshed 9-10-2021 7-54-46 am.png Size: 49 KB


and if I turn on the H4 candle background, then it will look better to see the H4 price action like this. Catching the strong H4 down move would have been easy.

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Oct08 M5 with H4 bg 9-10-2021 7-49-24 am.png Size: 50 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,389
  • Oct 8, 2021 6:58pm Oct 8, 2021 6:58pm
Quoting hasib
{quote} Your this trade work out for a reason do you ever try to understand the reason for that. It is not TDI, It is not Stoch. It is more than that. Do you understand, align market and Mixed market. go google it, learn from free sources, once you learn free materials than come here ask questions, I will answer you. You will learn from me free. I will teach you as well as your losing buddies who claim a lot but know nothing. You can go and read Mr. EMM wave chart he posted many times here in FF, many trader like that wave chart and post that in...

you mean this picture?

Attached Image


or this ...

Attached Image (click to enlarge)
Click to Enlarge Name: Market_trends and picking tops and bottoms.jpg Size: 99 KB


or this...

Attached Image (click to enlarge)
Click to Enlarge Name: Market Trend and Trade Away for Day Open.jpg Size: 100 KB


and this


Attached Image (click to enlarge)
Click to Enlarge Name: Market Trends M15 H1 H4.png Size: 372 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,390
  • Oct 8, 2021 7:10pm Oct 8, 2021 7:10pm
Quoting DrDave
{quote} Daily pivot is not part of BigE's 5-method. But feel free to try it and open a new thread to discuss your findings there. #1933 9 May 2011 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...
@Davey-boy

Its okay you suffered another losing week ending Oct08. You can be here and throw tantrum like every one who lost money.

WE all also knew this :

- that many people say 95% of traders lose money?

but then there are some will tell you otherwise,

"Why 99% of traders lose money"
https://www.forexfactory.com/thread/...ers-lose-money

Tell us,

How much money you lost trading so far since Jan01,2021?

Have you review all your trades and learn from your 2020 losses?

What plan(s) do you have now to remedy your long losing streak in since you started trading in 2011?

I know many TMS traders who lost money have one same common problem.

FF member hanover a distinguished member in our FF trading community has these to say:
read them { here }
https://www.forexfactory.com/thread/...18#post9463418

"After all, we winners need to feed on the IMT traders losers in the market, and the IMT thread is a good place to lure people to donate money to the TMS traders."
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,391
  • Oct 8, 2021 7:33pm Oct 8, 2021 7:33pm
Quoting Tekkies
{quote} You have to specify more info - Which session are you going to use for calculation of pivot points > New York or London. - What calculation are you going to use > Standard, Fibonacci, Woodie, Camarilla ----- Suggest to read up about pivots at: https://www.forexfactory.com/thread/...-pivot-trading You might like what Davit's is doing over there. a Small tip > Don't ask questions in that thread, much saver to read what gets posted.

@Tekkies wrote"

"- What calculation are you going to use > Standard, Fibonacci, Woodie, Camarilla"

I think he must have got that from babypips.com { here }

There are other newer pivots in the last 10 years.

He have not learn Demark pivots, Manning pivots, Volatility pivots, etc.

Keep It Simple: Use any calculations methods you want and still the results is that

"Why 99% of traders lose money"
https://www.forexfactory.com/thread/...ers-lose-money

because :

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
  • #126,392
  • Oct 8, 2021 7:47pm Oct 8, 2021 7:47pm
Quoting DrDave
{quote} You should watch closely for my posts that include gold nuggets like this: {image}

@Davey-boy

LOL.

That was your last winning trade all the way back to March 2020. Since then you did not have any winning trades. That's pathetic #TOXICFakeGURU#

If you repeat that type of trade setups -

>>> 5-bars swing high + True REVERSAL candle setup

>>> Phx62' PCRF ( a 3bars swing high reversal)

you will get many more winning trades from next week till end Dec 2021. These work in all timeframes too.

Now it is your turn to practice, practice, practice... like Big E said in his Post#296

Trust me, you don't need your lifetime to learn to trade and make some money.
All you need to do is stop listening to the voices inside your head.

The language of the market is ... price, price, price, the price is talking to you when to buy and when to sell, ..... not IMT.

Attached Image (click to enlarge)
Click to Enlarge Name: fkaeDrDave march 2020 win trade 9-10-2021 8-34-59 am.png Size: 245 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,393
  • Oct 8, 2021 7:58pm Oct 8, 2021 7:58pm
Quoting jmn5611
Happy weekend everyone. Big E stated that he could make trades sans TDI. He kept because he wanted others to make an objective decision about the trigger candle. The trigger candle ideally should open completely below the 5ema typical. But sometimes this will happen in a ranged market. This is where the TDI comes in, and why he said it is the heart of the system. If the TDI angle is weak and the still cannot know when they are barbed wire, the TDI will keep you out of the trade. In my view showing live trades does not help unless the poster is going...

He gave people hope and a good way to get started.

He shared everything he learned from others and he did not hold back anything.

If he did not attend the Craig Harris' and Dean Malone' Synergy seminars back in 2009 ,

then we wont have Trading Made Simple thread and

we would still be trading the Stochastics and his 5-Method.





Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,394
  • Oct 8, 2021 8:07pm Oct 8, 2021 8:07pm
Quoting Tekkies
{quote} Dave, will this one live trade be reason enough that readers should believe what Tekkies post? --- What about next week: - Some more TDI trades so that readers can see for themselves that you don't need to be an expert to trade BigE's method. - Following BigE's advice does not make you an expert only someone like many other traders over the world. TDI on time every time with BigE's advice. - Did TDI green cross red > Yes ---- Is TDI green angle above / below 2/4 > Yes - Did Stoch confirm TDI green direction > Yes - Confirm intended trade...
Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies #126,378 chart 9-10-2021 8-59-49 am.png Size: 109 KB


LOL.

@Tekkies

your trade is not a TMS 5-Method trade and a potential risky and losing trade according to Big E' TMS rules.

> the HA candle is missing.
> the 5EMA Typical Price, Shift+2(or+3) is missing
> the TDI Post#25 not in use

*** remember to apply the chart template according to Post#261 Basics of TMS 5-Method.

my chart below with TDI#25 in the same sub-window with plamendp' @TMSTDIWatchDog

>>> the 5EMA was pointing up when you entered your sell
>>> the HA candle body is also very small

Attached Image (click to enlarge)
Click to Enlarge Name: Au Oct 08 H1 9-10-2021 7-13-58 am.png Size: 52 KB

TMS_V19 chart template

Attached Image (click to enlarge)
Click to Enlarge Name: AU Oct08 H1 9-10-2021 7-08-44 am.png Size: 75 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,395
  • Oct 8, 2021 8:17pm Oct 8, 2021 8:17pm
Quoting Tekkies
{quote} If you are referring to Tekkies what make you so sure that his TE is a reflection of BigE's TMS with TDI? Many of those trades are not based on TDI, many are done with testing what other do post in webpages like Post 126,317 - Few years ago, Vincent even accused Tekkies that he post Renko entries as TDI. Anyway, have posted enough TDI based (live and closed ) trades over the years that show clearly that BigE's TMS does work.

hey @Tekkies

you idiot! you are a liar!

Read you own PMs 2018 and your posts in 2018.

you trade with renko charts and post charts here what looks like TMS trades and conform to #647.

After you suffered that margin call in 2017 XM trading competition, you tried Renko chart in 2018 and you also got another margin call in less than 3 months.

Remember you removed your TE in 2018 { here }

my TE remained until end Dec 2018 and made 57%. { here }

you are still the loser and the laggard in the way you use your holy grail TDI.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,396
  • Oct 8, 2021 8:24pm Oct 8, 2021 8:24pm
Quoting emmanuel7788
UJ Oct 08 - pre-NFP - how will it change post-NFP

Attached Image (click to enlarge)
Click to Enlarge Name: UJ Oct 08 pre-NFP 8-10-2021 8-27-39 pm.png Size: 98 KB


{image}

UJ Oct 08 NFP

- nothing has changed, direction set by the Weekly and Daily remained intact.

- except the H4 has the NFP candle .. spike down to fill orders...


Attached Image (click to enlarge)
Click to Enlarge Name: UJ Oct 08 H4 V19 post-NFP 9-10-2021 7-23-35 am.png Size: 99 KB


> we have anew WCC set by this week' candle close

> next week is still wide ranged sideways market type, I trade buy with TMS_EVO_IX money management.
> the cut-loss level is SMART™
> the take profit is "let profit run - let the market decide"

Stay Tuned!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,397
  • Oct 8, 2021 11:33pm Oct 8, 2021 11:33pm
Quoting emmanuel7788
{quote} Yes. Daily pivots levels can be useful when you have developed your own trading system and have rules written that include the use of the Pivot and its S and R levels. I use them for many years. If you read my posts from 2012 till about 2014, I have them on my trading charts. For example this: https://www.forexfactory.com/thread/...13#post6512913 But why Big E did not use the Daily Pivots. The answer is quite simple. He woke up one morning and discovered that he lost almost 70% of his eyesight. He was in fact visually impaired...
Yeah keeping it simple but I just want to add S and R
Like to see what is more likely to happen

LoL at the end the results is more important I will make sure to Post the results am going to take 100 trades and keep the records
Wealthy
  • #126,398
  • Oct 9, 2021 12:13am Oct 9, 2021 12:13am
The best invention since peanut butter
Attached Image
  • #126,399
  • Oct 9, 2021 12:22am Oct 9, 2021 12:22am
Quoting Tekkies
The best invention since peanut butter {image}

@Tekkies

when you get confronted with the truth in this thread and you cannot handle the truth that's is what you do best ... hide!

peanut butter was not invented ... it is a recipe that was created and evolved over many years.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #126,400
  • Oct 9, 2021 12:26am Oct 9, 2021 12:26am
Quoting Tekkies
{quote} If you are referring to Tekkies what make you so sure that his TE is a reflection of BigE's TMS with TDI? Many of those trades are not based on TDI, many are done with testing what other do post in webpages like Post 126,317 - Few years ago, Vincent even accused Tekkies that he post Renko entries as TDI. Anyway, have posted enough TDI based (live and closed ) trades over the years that show clearly that BigE's TMS does work.
Quoting emmanuel7788
{quote} hey @Tekkies you idiot! you are a liar! Read you own PMs 2018 and your posts in 2018. you trade with renko charts and post charts here what looks like TMS trades and conform to #647. After you suffered that margin call in 2017 XM trading competition, you tried Renko chart in 2018 and you also got another margin call in less than 3 months. Remember you removed your TE in 2018 { here } my TE remained until end Dec 2018 and made 57%. { here...
Quoting realjumper
{quote} You also made a choice late last year, where in a PM to me you said that you were trading using Renko bricks and that you were going to use that, but any trades that coincidentally conformed to post #647, you would post as TMS trades. In other words you cherry pick your trades. You even tried to get me to do the same by trading "whatever method" I use and any trades that coincidentally agreed with post #647, you wanted me to post as TMS trades. Deny this and I'll produce the PM in it's entirety. Enjoy your cherry's


here is between realjumper and you:
#90,640 Sep 08, 2018
<>
You also made a choice late last year, where in a PM to me you said that you were trading using Renko bricks and that you were going to use that, but any trades that coincidentally conformed to post #647, you would post as TMS trades.

In other words you cherry pick your trades.

You even tried to get me to do the same by trading "whatever method" I use and any trades that coincidentally agreed with post #647, you wanted me to post as TMS trades.

Deny this and I'll produce the PM in it's entirety.

Enjoy your cherry's
<>
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
44 traders viewing now