Trading Made Simple | Page 6409 | 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

  • #128,161
  • Nov 13, 2021 3:58pm Nov 13, 2021 3:58pm
Quoting jansb000
Hi, I have been away from this thread for a while. Now I see entries made with m1m3m5 and m2m3m5 method. Can someone please point me to the posts that must read to learn about this PA-method? Cheers...

hallo jans

welcome back!

there is no m1m3m5 nor m2m3m5m methods.

these are candles for entries on any 1-minute chart timeframe.

m1m3m5 is just a M5 candle I look for to place my trade entry.

read my recent posts where I have charts showing the m1m3m5 entry technique.

example posts below:

https://www.forexfactory.com/thread/...4#post13783584

https://www.forexfactory.com/thread/...3#post13785113

Attached Image (click to enlarge)
Click to Enlarge Name: US30 Nov10 FO m1m3m5 setup 10-11-2021 3-19-10 pm addH1 comments.png Size: 27 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #128,162
  • Nov 13, 2021 3:59pm Nov 13, 2021 3:59pm
Quoting jansb000
Hi, I have been away from this thread for a while. Now I see entries made with m1m3m5 and m2m3m5 method. Can someone please point me to the posts that I must read to learn about this PA-method? Cheers...
That is more clutter and confusion that the ThreadPerverter loves to post. Remember, BigE said do not add anything and do not discuss other methods, other ways in this thread.

Anyway, did you see those entries on Forex pairs?? Check the instrument.
To free Gazans of Hamas, use whatever it takes.
  • #128,163
  • Nov 13, 2021 4:01pm Nov 13, 2021 4:01pm
Quoting Tekkies
{quote} Here you go. Draw a trendline from one to the oppose comer. - When price move in the direction of the trendline it will be either up or down. - Works on all timeframes, any pair. - Never repaint - Never lag price.
Attached Image
There is a good system lurking there! It's like a treasure map--X marks the spot!!
To free Gazans of Hamas, use whatever it takes.
  • #128,164
  • Nov 13, 2021 4:07pm Nov 13, 2021 4:07pm
Quoting Tekkies
{quote} There is no need to read/watch all that you mentioned, you numbered those green /red blocks in hindsight. End of storie. https://book.mql4.com/variables/arrays {image}

@Tekkies

you are so damn pathetic refusing to admit that you are still confused with my posts and charts.

I show what the price action swing high with 5 bars/candles which is what I look for as in Big E ' reversal setup for entries.

You are confused with the MT4 platform bar count and you still got it wrong .

On your 1-minute chart, the bar0 is the current active bar when the market is open.
There are five 1-minute bars in a 5-minute bar, therefore if the 1-minute bar show bar 0,1,2,3 ... that 5-minute bar is still 0 and the 5-minute neeeds 5 x 1-minute bars to closed in order the 5-minute bar will change from 0 to 1.

Do you get it now?


Your mistake is below:

Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies #128,139 13-11-2021 1-06-53 pm.png Size: 152 KB


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #128,165
  • Nov 13, 2021 4:11pm Nov 13, 2021 4:11pm
Quoting DrDave
{quote} That is more clutter and confusion that the ThreadPerverter loves to post. Remember, BigE said do not add anything and do not discuss other methods, other ways in this thread. Anyway, did you see those entries on Forex pairs?? Check the instrument.
It is year 2021 and COP26 has just concluded.

Big E' post #7555
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 Nov12 USD616 profit 13-11-2021 4-46-55 am.png Size: 446 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #128,166
  • Nov 13, 2021 4:15pm Nov 13, 2021 4:15pm
Quoting DrDave
{quote} There is a good system lurking there! It's like a treasure map--X marks the spot!! {image}

LOL !!

@DrDick

I see Stochastics on that @Tekkies silly chart.
Its going to take you your lifetime to learn to trade and make USD500 per evening.

Big E' Post # 296

There are always going to be people who slam using Stochastics or any other indicator. Like you said... you have to learn how to use it like you have to learn how your favorite pair responds in the market place.

I have been burned once in a while however, most of the time it was my fault for reading the market incorrectly.

Just because you can bring an indicator up on your chart doesn't mean you know how to use it correctly.

Learning to trade is a lifetime process. Develop a trading system that fits you and practice, practice, practice. When your confident... go live.

Learn to tweek your strategy to stay up with changing market conditions. If your mentally burned out, take a week off.

Take your time to learn how to trade. Newbies want to trade live right off the bat... and I thank you for all those pips you paid for... that I get to keep. Take the time to enjoy the learning experience. There is no hurry... only in your mind.

I profit every day by using Stochastics. I hope you will too. It's just part of the puzzle.

Big E
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #128,167
  • Nov 13, 2021 4:28pm Nov 13, 2021 4:28pm
Quoting Tekkies
{quote} Here you go. Draw a trendline from one to the oppose comer. - When price move in the direction of the trendline it will be either up or down. - Works on all timeframes, any pair. - Never repaint - Never lag price. {image}
Quoting chidomen48
Sir, It's all good adv ice...It's best to trade FX asa simple as possible I just use Stochastic alone..Any indicator to show direction would be of much use. Thanks Chidi O P.S. how can I get the direction Indicator ?



@Tekkies

Did you read correctly what the member asked?
He is asking for good advice and the best to trade FX as simple as possible.

What can be more simpler than Big E' Trading Made Simple?

see my post #128,141 start with and according to Big E' Post #261 then next step follow Post #2617

AU H4

Attached Image (click to enlarge)
Click to Enlarge Name: AU H4 Nov12 closed 13-11-2021 1-22-45 pm.png Size: 63 KB


when you are ready then you do the right thing: - the Last-in-First-Out LIFO the TDI was the last indicator Big E added to Craig Harris Stochastics Method, so the TDI will be the first to go.

Dec 27, 2009 Post #202

TDI was added as a 'helping indicator' { click }

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #128,168
  • Nov 13, 2021 4:38pm Nov 13, 2021 4:38pm
Quoting chidomen48
Sir, It's all good adv ice...It's best to trade FX asa simple as possible I just use Stochastic alone..Any indicator to show direction would be of much use. Thanks Chidi O P.S. how can I get the direction Indicator ?
hello @chidomen48

are you day trading or swing trading?

since you use Stochastics, then you are in the same position the OP Big E started in Forex Factory back in 2008. If you follow Big E' trading journey in FF, you will learn how he blended other systems/methods and used simple tools like the HA candles and 5EMA Typical Price, Shift+2(+3) to help him see the direction of the price action.

Post#110 by snarlyjack, he is one of the pioneer members with Big E here.
<>

Eelfranz,

THIS HISTORY SHOULD BE PLACED ON PAGE #1.

Here is a brief history of the "Trading made simple by Eelfranz".

When I first met Eelfranz we were studying the system "The
Stochastics Secrets 9-1-2008 by Red Trader". We were evaluating
all the possible ways of trading using Stochastics.

Which led to Craig Harris method 12-11-2009 of different possible
ways of using the Stochastics. Basically stochastics 8-3-3 using
a 15 minute chart with support and resistance.

Which led us to Synergy System with Dean Malone 1-1-2010. And
the finding of the TDI (Traders Dynamic Index) as the main indicator
not the stochastics. Using the stochastic as a secondary indicator.
Also using 1 hour, 4 hour daily charts. Which was new to me because
I was using the 5 minute and 15 minute charts.

Which led to the 5 system (Eelfranz) 1-1-2011 which is the
Trading Made Simple System on the main Forex Factory System
Section. Which is using the TDI indicator as the main indicator
not stochastics with the Ema 5 (typical) shift +3.

So in my mind 9-1-2008 to today 4-26-2011 (2 1/2 years in the making)
all in the search of greater profits with a simple system that is easy
to understand. We are here sharing with our fellow traders at Forex
Factory what we have come up with to be more successful.

If anyone in the future... is interested they can go to the
search function and search our posts starting with Red Trader and
the secrets of stochastics. In my mind this system has been a long
time in the making with hundreds of posts. We felt that it would
be easier for everyone to start a new heading on page 1 without having
to go through hundreds of old posts starting 9-1-2008.

Also I would like to thank Eelfranz for this wonderful learning journey
2 1/2 years and counting. Someone told me "how long is that string
that your pulling on at forex factory in the learning process". For me
it's been 2 1/2 years and still going strong. I've always had the
position of learn as much as you can because the economy is falling
apart and this just might be your next fulltime job so you better
learn. Also forex factory members have been great. Traders learning
from traders free...what could be better...

So once again a big Thank You to everyone and now you know!!!

snarlyjack

<>
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #128,169
  • Nov 13, 2021 4:45pm Nov 13, 2021 4:45pm
Quoting Tekkies
{quote} Post 4,023 in this thread is not a BigE post. ------ Not out to grind an ax Jmn. It is about members making assumption and post those assumption as facts which is misleading information for those readers that are not well versed in English (second/third language, google translate) ------- In this thread BigE clearly stated to trade H1, H4 D1. "Did Big E trade one minute and five minute charts in FF? YES, he did." Above sentenced by Vincent is a lame attempt by him...

@Tekkies

you wrote: "In this thread BigE clearly stated to trade H1, H4 D1."

WRONG Again.

He did not clearly say do not trade Weekly, or did he?

Weekly trade examples

#700
https://www.forexfactory.com/showthr...00#post4582200
#1967
https://www.forexfactory.com/showthr...07#post4605507

poor man @Tekkies, Get a Life!

move on and be happy.

Attached Image (click to enlarge)
Click to Enlarge Name: The Happiness Advantage by Shawn Achor.png Size: 189 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #128,170
  • Nov 13, 2021 5:31pm Nov 13, 2021 5:31pm
Quoting emmanuel7788
{quote} @Tekkies you wrote: "In this thread BigE clearly stated to trade H1, H4 D1." WRONG Again. He did not clearly say do not trade Weekly, or did he? Weekly trade examples #700 https://www.forexfactory.com/showthr...00#post4582200 #1967 https://www.forexfactory.com/showthr...07#post4605507 poor man @Tekkies, Get a Life! move on and be happy. {image}
Hey emmanuel!

I think that TMS is bullshit. Please show me your TS.
Observer effect
  • #128,171
  • Nov 13, 2021 5:50pm Nov 13, 2021 5:50pm
Quoting emmanuel7788
{quote} {quote} @Tekkies Did you read correctly what the member asked? He is asking for good advice and the best to trade FX as simple as possible. What can be more simpler than Big E' Trading Made Simple? see my post #128,141 start with and according to Big E' Post #261 then next step follow Post #2617 AU H4 {image} when you...
Really Vincent, you got the bar counting wrong, now you got a whole post wrong as well, just like you got your assumptions wrong about what BigE has posted in this thread.
-----
Sir,
It's all good adv ice...It's best to trade FX asa simple as possible I just use Stochastic alone..Any indicator to show direction would be of much use.
Thanks
Chidi O
P.S. how can I get the direction Indicator ?
------
It's all good adv ice...
> Statement unclear
- What have been posted?
- What he is going to post?
- "ice" > a Members user name? / frozen water? / abbreviation for Intercontinental Exchange (ICE)?
It's best to trade FX asa simple as possible
> Advice given
"asa" > the same for "ice"
I just use Stochastic alone
> Indicator he use to make FX asa as simple as possible
Any indicator to show direction would be of much use.
>Advice given that any indicator that show direction will be useful
P.S. how can I get the direction Indicator ?
> Asking for a directional indicator
(Asking for a item is not asking for advice but for directions to a place where to find that item)
Making the "simple" complicated because Stoch alone does not work so good after all?
----
Post 128,168 He is asking for good advice
Now please Vincent where do you read that chidomen48 asking for advice?
  • #128,172
  • Nov 13, 2021 5:54pm Nov 13, 2021 5:54pm
Some people say that breaktout is the most reliable method for short-term trading.
I hope short-term trading experts can share their experience?
Thanks in advance!
  • #128,173
  • Edited 6:10pm Nov 13, 2021 5:57pm | Edited 6:10pm
Quoting Tekkies
{quote} Here you go. Draw a trendline from one to the oppose comer. - When price move in the direction of the trendline it will be either up or down. - Works on all timeframes, any pair. - Never repaint - Never lag price. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies AU post cross red 14-11-2021 7-46-04 am.png Size: 144 KB


Okay @Tekkies

you big red cross on AU reminds of your your bloody red TE.
your chart shows the broker' remaining time and that last bar has not closed. That bar count is still bar0.

let me show you how to do the MT4 platform bar count and my swing high candle count.

Now look at my same H4 AU chart below:

the bar count indicator


do you see one example of a 5bars swing high ?
what are the bar numbers of that 5bars swing high ?

H4

Attached Image (click to enlarge)
Click to Enlarge Name: AU H4 bar count 14-11-2021 7-39-49 am.png Size: 46 KB


do you get it now?


if not,

then look at the Weekly candle on the same H4 chart,

- what is Weekly bar count ? it is still 0 as this broker candle time show remaining 16 seconds.

- do you see the Weekly swing high with W1 number 1, 2 and 3 ? and the Inside bar Weekly which the consolidation week setup.

- Weekly bar 3 ended the move up and changed the Market Type as we confirmed with Weekly bar 2

- do you see Weekly bar 3 is the WCC which defines the Market Type for AU trading in week 45 Nov 08 to 12 SELL?


...

H4 with Weekly candle background.


Attached Image (click to enlarge)
Click to Enlarge Name: AU H4 with W1 bar count 14-11-2021 7-42-07 am.png Size: 68 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #128,174
  • Nov 13, 2021 6:05pm Nov 13, 2021 6:05pm
Quoting Tekkies
{quote} Post 4,023 in this thread is not a BigE post. ------ Not out to grind an ax Jmn. It is about members making assumption and post those assumption as facts which is misleading information for those readers that are not well versed in English (second/third language, google translate) ------- In this thread BigE clearly stated to trade H1, H4 D1. "Did Big E trade one minute and five minute charts in FF? YES, he did." Above sentenced by Vincent is a lame attempt by him...

@Tekkies

wrote: -
"
From a other perspective
a Person inform you not drink the contents of that bottle for you will die with out giving the reasons why you will die.
- Are you going to drink from that bottle to find out the reason why?
"

Global warming will make the planet earth hotter and hotter till ...

have you thought of how you would spend the day outside under the moon in 60ºC

Well done Glasgow COP26 for that lesser agreement. It's better than a no deal.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #128,175
  • Nov 13, 2021 6:07pm Nov 13, 2021 6:07pm
Quoting Tekkies
{quote} Really Vincent, you got the bar counting wrong, now you got a whole post wrong as well, just like you got your assumptions wrong about what BigE has posted in this thread. ----- Sir, It's all good adv ice...It's best to trade FX asa simple as possible I just use Stochastic alone..Any indicator to show direction would be of much use. Thanks Chidi O P.S. how can I get the direction Indicator ? ------ It's all good adv ice... > Statement unclear - What have been posted? - What he is going to post? - "ice" > a Members user name? / frozen water?...

Ooops !!

Attached Image (click to enlarge)
Click to Enlarge Name: chidomen48 post 128155 14-11-2021 7-59-33 am.png Size: 43 KB


... a good man will give good advice ... sound familiar?



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #128,176
  • Nov 13, 2021 6:08pm Nov 13, 2021 6:08pm
Quoting DrDave
{quote} There is a good system lurking there! It's like a treasure map--X marks the spot!! {image}
BigE posted something similar to find the direction of short/long term
#686
Trend... long term and short term...
I take a chart and make the candles as small as they will go to find the direction of the long term trend...
Then I enlarge them to my normal trading size for the current short term trend...
If they are the same I feel I have better odds on my side... if they are opposite I may trade less lots per trade...
I will pay more attention to the last swing (candle size & length)...
  • #128,177
  • Nov 13, 2021 6:17pm Nov 13, 2021 6:17pm
Quoting ryuryu
{quote} Hey emmanuel! I think that TMS is bullshit. Please show me your TS.

@ryuryu

you think that TMS is bullshit...

then why do you think I would be trading real money on this bullshit.

...

how about you start another thread like the one by MoneyZilla Verbal diarrhea matches trading skills? { here }

I propose we start in Jan 2022 and run that for a 3 years trading cycle - 2022, 2023, and 2024?

Let's invite @DrDick to show his IMT system live performance.

Of course, we must include @Tekkies , he is the best.... and he got a head-start in Dec 05 2020 and he can have another 2 years to recover his bloody red TE.



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #128,178
  • Nov 13, 2021 6:29pm Nov 13, 2021 6:29pm
Quoting emmanuel7788
{quote} @ryuryu you think that TMS is bullshit... then why do you think I would be trading real money on this bullshit.
Thanks for clarifying why you don't want to link a TE to any post/chart you post in this thread.
"then why do you think I would be trading real money on this bullshit."

You are afraid that the readers will see you have been trading on a demo account since you joined FF.
Attached Image
  • #128,179
  • Nov 13, 2021 6:30pm Nov 13, 2021 6:30pm
Quoting Tekkies
{quote} BigE posted something similar to find the direction of short/long term #686 Trend... long term and short term... I take a chart and make the candles as small as they will go to find the direction of the long term trend... Then I enlarge them to my normal trading size for the current short term trend... If they are the same I feel I have better odds on my side... if they are opposite I may trade less lots per trade... I will pay more attention to the last swing (candle size & length)...

@Tekkies

do you really believe in that #686?

look at what I did to my AU H4 last week trade.

squeeze that H4 price chart to minimum and you won't be trading at all.

Attached Image (click to enlarge)
Click to Enlarge Name: AU H4 squeezed 14-11-2021 8-25-06 am.png Size: 36 KB


but when I just leave my chart width and height as normal, I simply look at the Daily and Weekly candles in background and I will see the Daily price action and the Weekly price action with a push of the buttons at the top of my chart. Follow Daily price action ... trade away from Day Open ... I take the H4 trade using basic 5-Method rules.

Attached Image (click to enlarge)
Click to Enlarge Name: AU Nov11 H4 trade closed 11-11-2021 8-14-13 pm.png Size: 45 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #128,180
  • Nov 13, 2021 6:37pm Nov 13, 2021 6:37pm
Quoting Tekkies
{quote} Thanks for clarifying why you don't want to link a TE to any post/chart you post in this thread. "then why do you think I would be trading real money on this bullshit." You are afraid that the readers will see you have been trading on a demo account since you joined FF. {image}
"You are afraid that the readers will see you have been trading on a demo account since you joined FF."


LOL !!


@Tekkies

caught you again for being rash in posting. you fell for that one easily, we knew it.

next time, make sure your brain is fully engaged BEFORE you start typing on your computer keyboard.

you are are the devil with that edited image. Please post the complete image with the FF member name.

Go to this thread: { here }

Now you've lost your mind like your comrade @DrDick.

Attached Image (click to enlarge)
Click to Enlarge Name: TMS VDM EVO 2018 14-11-2021 8-35-35 am.png Size: 257 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
99 traders viewing now, 1 is registered:
kkmk