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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

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Trading Made Simple

  • #130,141
  • Mar 28, 2022 8:25pm Mar 28, 2022 8:25pm
Quoting emmanuel7788
{quote} USDJPY Mar28 trade update Frankfurt Open: - market reacts to Kuroda' speech on Friday - ¥ is weaken further {image}
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Mar28 trade update FO 28-3-2022 2-04-56 pm.png Size: 40 KB

...

USDJPY Mar29 Daily Tokyo session

- after my taking profits the market pulled back quite strong reacting to some business sectors comments

- start taking some precaution as BoJ may do something to the weaker ¥

- trade smaller position size with AEP and be prepared to cut-loss with 2CTSL on Daily.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Mar29 Daily pullback 29-3-2022 9-21-58 am.png Size: 24 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #130,142
  • Mar 28, 2022 8:35pm Mar 28, 2022 8:35pm
XAUUSD Mar29 Daily Tokyo session

- Weekly is sideways with WCC W1(2)

- I see potential 'support' levels below current price action

- WCC low and previous MN levels confluence

- there is a Weekly swing high fractal but the W1(1) did not close below W1(5)

- sell exits ...


Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD Mar29 Daily BPP TOK 29-3-2022 9-32-25 am.png Size: 29 KB


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #130,143
  • Mar 28, 2022 10:22pm Mar 28, 2022 10:22pm
Now I have seen it all.

"Look folks, when we strike through this sentence you will see that this thread is not about TDI"
"You got to believe me"
Attached Image
  • #130,145
  • Mar 29, 2022 1:05am Mar 29, 2022 1:05am
Quoting emmanuel7788
{quote} just one session three types of setups following Big E' 5-Method the same way he did it way back to 2006. if you can see these 3 setups you are at the level of Big E at the time he joined Forex Factory. you see these 3 setups repeat every NYSE session 4 to 5 times every week. it is really trading made simple Post#2617 .... Taking clean trades is a breeze for me... why? {image}
Attached Image (click to enlarge)
Click to Enlarge Name: US30 Mar28 m30 setups 29-3-2022 7-43-12 am.png Size: 49 KB


...

A few PMs from members who do not understand the price action and the setups

> turn off the APB candles

> turn on the H1 candle

> do you see the H1 swing high reversal when the New York 9:00am candle closed.

> that is the first setup #1


Attached Image (click to enlarge)
Click to Enlarge Name: US30 Mar29 M30 setup explained 29-3-2022 1-53-07 pm.png Size: 52 KB


> just follow each M30 candle close and know what the H1 price action is.

> the second setup#2 is an Inside Bar breakout reversal

> the 3rd setup#3 another H1 swing low reversal with the setup candle closing above the 9:30am range high.

its so simple and you see setups every day for your to make that $500 to $1,000 per session.

You only need to trade the New York session for 2 to 3 hours.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #130,146
  • Mar 29, 2022 1:07am Mar 29, 2022 1:07am
Quoting eelfranz
If any of you know something BASIC about trading the forex... that's helped you... post it for the benefit of others.. We have many newer traders it can help.

Big E old post:

If any of you know something BASIC about trading the forex... that's helped you... post it for the benefit of others.. We have many newer traders it can help.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #130,147
  • Mar 29, 2022 1:12am Mar 29, 2022 1:12am
Quoting eelfranz
Kudz, 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...
#296 Nov 05, 2008

that's long time ago..

if Big E was making money everyday with the Stochastics why then did he add the TDI another lagging indicator? Solve that puzzle and you will know the 5-Method.

Kudz,

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
  • #130,148
  • Mar 29, 2022 1:37am Mar 29, 2022 1:37am
Quoting DrDave
{quote} Still waiting for you to chcek my PM. "Be patient--be very patient ..." AH-HA-HA-HA-HA-HA!!!
He already replied, please find something to do.
"You can't buy the bottom, nor sell the top. The best you can strive for is
  • #130,149
  • Mar 29, 2022 3:02am Mar 29, 2022 3:02am

Another good laugh for today!


BigE said: "
Moe,

We don't want any EA's. Why? They can't observe and think like humans can and do. You need to learn to think on your own while trading and making your own decisions. Most EA"s don't work well anyway... sorry buddy...

Then The ToxicFakeTrader said: "Big E was correct in his post above."
So what does he do? He immediately says to USE EA's!!! ToxicFakeTrader says: "Here is the one [EA]which you can use ..." ROFLMAO!!!!

And then the ToxicFakeTrader's next post: "Another trade manager EA I use for many years is this one by SteveHopwood."

Is it a surprise that he can't figure out how to trade the 5-method when he can't even follow SIMPLE directions??

Please, keep posting and keep the laughs coming for everyone!
To free Gazans of Hamas, use whatever it takes.
  • #130,150
  • Mar 29, 2022 3:08am Mar 29, 2022 3:08am
Quoting Tekkies
Now I have seen it all. "Look folks, when we strike through this sentence you will see that this thread is not about TDI" "You got to believe me" {image}
Looks like he forgot to strike out BigE's words about not wanting EAs in this thread, though. But that lack of consistency and discipline is no surprise when you see his posts of his performance and trade entries, and quickly understand why his ship is underwater, despite 30 years of trading experience and 10 years of trying to figure out how to trade BigE's 5-method.
To free Gazans of Hamas, use whatever it takes.
  • #130,151
  • Mar 29, 2022 3:13am Mar 29, 2022 3:13am
Let's copy-paste all of the old posts of BigE's because the newcomer's won't take the initiative to actually read the thread from the beginning, right, Vincent?

Quoting eelfranz
If any of you know something BASIC about trading the forex... that's helped you... post it for the benefit of others.. We have many newer traders it can help.

Big E old post:

If any of you know something BASIC about trading the forex... that's helped you... post it for the benefit of others.. We have many newer traders it can help.
To free Gazans of Hamas, use whatever it takes.
  • #130,152
  • Mar 29, 2022 3:29am Mar 29, 2022 3:29am
Quoting DrDave
Let's copy-paste all of the old posts of BigE's because the newcomer's won't take the initiative to actually read the thread from the beginning, right, Vincent? Quoting eelfranz If any of you know something BASIC about trading the forex... that's helped you... post it for the benefit of others.. We have many newer traders it can help. Big E old post: If any of you know something BASIC about trading the forex... that's helped you... post it for the benefit of others.....
start with Post#1

Trading Made Simple
<>
Is that possible? Yes.

Years ago when I retired I was looking for something to do. I attended a free local presentation about trading FX. My mind said "We can do that and make money too... from the recliner"... so the torture began as happens to all newbies...

I bought one sure fire program for $2,300... saving $1,700 off the normal $4,000 price. Man... I'm on my way I thought. It was so difficult to understand and trade that I never made a dime... in fact I lost most of the time. When I called the companyit was all Greek to me... I thought a lot of good that 19 years of education is doing.

I said this is BS and went on to other systems. I switched to Demo trading for several years while studying old charts. What made them tick? Every method had quite a few rules, indicators...on & on.

I finally got fed up with them all... remembering the thoughts years before of "I can do this". Then why was I getting my butt kicked on a regular basis... so frustrating.

I wanted a method that was simple, worked on all timeframes, simple rules, few indicators.... that when looking at my simple chart it just shouted out what I needed to do and developed a method that is 70-80%+ wins for me on a regular basis. It took over 2 years to develop this method. I worked hard... late nights and weekends to. I was so hungry for success.

I hate trading 5min-15min-30min charts. Why? You have to monitor each trade from beginning to end and hope and pray you made a correct entry. I only trade 1hr charts during the the 1st 3 hours of the USA OPEN and 4hr trades at night. I check for set ups at 10pm Pacific,2am and close all 4 hour trades by 6am Pacific.... You ever woke in the morning popping on your puter and find you made 150 pips while you slept... guaranteed to put a smile on your face and a skip in your step.

I post a lot of training charts to drive it into your brains what to look for and how easy it can be... Just open your eyes, brain and pay attention and you'll be making pips soon...

You'll learn down the road that most of the stuff you have learned in the past is crap. I did. The list of rules in most methods will keep most dizzy... never building confidence... without confidence in your entries and exits you have nothing worth while.

We have a group of great traders who have been trading this method for 6-8 months already who will help you jumping in to answer your questions too.

I am very protectful of all our members. We don't have a stressful thread... no name calling allowed. I'll delete anyone who starts any problems. If you have a problem PM me and don't post it. If your not happy... please move on quietly. I'd do the same for you. You want Stress Free learning... come join us...

Really can't understand something... PM me your phone number and best time to call and I'll clear it up for you looking at an FXDD Demo chart so we are looking at the same chart.

You will need a MT4 platform to use our progam.

The key to this method is the Traders Dynamic Index indicator for entries and exits. I also use a Stochastics (8,3,3) indicator. It is ONLY used to confirm direction. Nothing else.

We only use Heiken Ashi candles... that's important.

We want you to be an active member asking questions, posting charts and making observations when possible.

Start trading a Demo account until you build your confidence and only then consider switching to a live account...

Disregard template posted below and see updates... Read the complete thread BEFORE ASKING QUESTIONS... YOU WON'T BE SORRY

See post #25 on page 2 for indicators...

Latest update: PAGE 11, Post # 156... thanks Cliff
Another update by Numb3rs - 4/29 - Pg 48, post 713
UPDATE: See post #25
See post 14 & 15 for TDI & HA (APB) candles.

<>
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #130,153
  • Mar 29, 2022 3:32am Mar 29, 2022 3:32am
Quoting eelfranz
1st Trading Chart... Note on the TDI showing your entry set ups... green crossing red enter on that new PA candle... {image}

Post#2

1st Training Chart

Attached Image (click to enlarge)
Click to Enlarge Name: Big E post#2 training chart.png Size: 154 KB


then no need TDI

Attached Image (click to enlarge)
Click to Enlarge Name: Big E post#2 training chart not TDI.png Size: 125 KB


then no need Stoch and TDI,

the price action still the same
Attached Image (click to enlarge)
Click to Enlarge Name: Big E post#2 training chart remove TDI Stoch.png Size: 108 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #130,154
  • Mar 29, 2022 3:45am Mar 29, 2022 3:45am
Post#1

Trading Made Simple
<>
Is that possible? Yes.

Years ago when I retired I was looking for something to do. I attended a free local presentation about trading FX. My mind said "We can do that and make money too... from the recliner"... so the torture began as happens to all newbies...

I bought one sure fire program for $2,300... saving $1,700 off the normal $4,000 price. Man... I'm on my way I thought. It was so difficult to understand and trade that I never made a dime... in fact I lost most of the time. When I called the companyit was all Greek to me... I thought a lot of good that 19 years of education is doing.

I said this is BS and went on to other systems. I switched to Demo trading for several years while studying old charts. What made them tick? Every method had quite a few rules, indicators...on & on.

I finally got fed up with them all... remembering the thoughts years before of "I can do this". Then why was I getting my butt kicked on a regular basis... so frustrating.

I wanted a method that was simple, worked on all timeframes, simple rules, few indicators.... that when looking at my simple chart it just shouted out what I needed to do and developed a method that is 70-80%+ wins for me on a regular basis. It took over 2 years to develop this method. I worked hard... late nights and weekends to. I was so hungry for success.

I hate trading 5min-15min-30min charts. Why? You have to monitor each trade from beginning to end and hope and pray you made a correct entry. I only trade 1hr charts during the the 1st 3 hours of the USA OPEN and 4hr trades at night. I check for set ups at 10pm Pacific,2am and close all 4 hour trades by 6am Pacific.... You ever woke in the morning popping on your puter and find you made 150 pips while you slept... guaranteed to put a smile on your face and a skip in your step.

I post a lot of training charts to drive it into your brains what to look for and how easy it can be... Just open your eyes, brain and pay attention and you'll be making pips soon...

You'll learn down the road that most of the stuff you have learned in the past is crap. I did. The list of rules in most methods will keep most dizzy... never building confidence... without confidence in your entries and exits you have nothing worth while.

We have a group of great traders who have been trading this method for 6-8 months already who will help you jumping in to answer your questions too.

I am very protectful of all our members. We don't have a stressful thread... no name calling allowed. I'll delete anyone who starts any problems. If you have a problem PM me and don't post it. If your not happy... please move on quietly. I'd do the same for you. You want Stress Free learning... come join us...

Really can't understand something... PM me your phone number and best time to call and I'll clear it up for you looking at an FXDD Demo chart so we are looking at the same chart.

You will need a MT4 platform to use our progam.

The key to this method is the Traders Dynamic Index indicator for entries and exits. I also use a Stochastics (8,3,3) indicator. It is ONLY used to confirm direction. Nothing else.

We only use Heiken Ashi candles... that's important.

We want you to be an active member asking questions, posting charts and making observations when possible.

Start trading a Demo account until you build your confidence and only then consider switching to a live account...

Disregard template posted below and see updates... Read the complete thread BEFORE ASKING QUESTIONS... YOU WON'T BE SORRY

See post #25 on page 2 for indicators...

Latest update: PAGE 11, Post # 156... thanks Cliff
Another update by Numb3rs - 4/29 - Pg 48, post 713
UPDATE: See post #25
See post 14 & 15 for TDI & HA (APB) candles.

<>
To free Gazans of Hamas, use whatever it takes.
  • #130,155
  • Mar 29, 2022 3:52am Mar 29, 2022 3:52am
Looks like the ToxicFakeTrader can't even do a simple copy-paste of a post!!
Below is ALL of post #2. Note in the ToxicFakeTrader's attempt to copy-past the post that he made plenty of ADDITIONS to try to fool the unsuspecting into thinking that BigE posted that material in post#2. So many suckers that get tricked by the ToxicFakeTrader and blindly follow him down the FailurePit.

post#2.
1st Trading Chart... Note on the TDI showing your entry set ups... green crossing red enter on that new PA candle...
Attached Image (click to enlarge)
Attached Image
To free Gazans of Hamas, use whatever it takes.
  • #130,156
  • Mar 29, 2022 4:01am Mar 29, 2022 4:01am
Quoting DrDave
Looks like the ToxicFakeTrader can't even do a simple copy-paste of a post!! Below is ALL of post #2. Note in the ToxicFakeTrader's attempt to copy-past the post that he made plenty of ADDITIONS to try to fool the unsuspecting into thinking that BigE posted that material in post#2. So many suckers that get tricked by the ToxicFakeTrader and blindly follow him down the FailurePit. post#2. 1st Trading Chart... Note on the TDI showing your entry set ups... green crossing red enter on that new PA candle... Attached Image (click to enlarge) {image}

Looks like @DrDick aka @FakeDr after 10 long years has finally on this day March 29, 2022 accepted that his thread TDA with IMT has failed.

@DrDick now wants to learn Big E Trading Made Simple ...

Lets all learn together with him and help him understand Big E' 5-Method.

Post#1
"I hate trading 5min-15min-30min charts. Why? You have to monitor each trade from beginning to end and hope and pray you made a correct entry. I only trade 1hr charts during the the 1st 3 hours of the USA OPEN and 4hr trades at night. I check for set ups at 10pm Pacific,2am and close all 4 hour trades by 6am Pacific.... You ever woke in the morning popping on your puter and find you made 150 pips while you slept... guaranteed to put a smile on your face and a skip in your step".

It is now 2AM PDT and I see the MN TDI has cross up.

Its time to buy now. But let me check my H4 chart and place an order.

Attached Image (click to enlarge)
Click to Enlarge Name: AU Mar29 MN at 2AM 29-3-2022 5-00-54 pm.png Size: 33 KB


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #130,157
  • Mar 29, 2022 4:11am Mar 29, 2022 4:11am
Quoting DrDave
Looks like the ToxicFakeTrader can't even do a simple copy-paste of a post!! Below is ALL of post #2. Note in the ToxicFakeTrader's attempt to copy-past the post that he made plenty of ADDITIONS to try to fool the unsuspecting into thinking that BigE posted that material in post#2. So many suckers that get tricked by the ToxicFakeTrader and blindly follow him down the FailurePit. post#2. 1st Trading Chart... Note on the TDI showing your entry set ups... green crossing red enter on that new PA candle... Attached Image (click to enlarge) {image}

it is the same Big E chart and look at the PA

now we know why many newbies like @DrDick does not know what is PA.

Attached Image (click to enlarge)
Click to Enlarge Name: Big e Post#2 chart.png Size: 117 KB


Attached Image (click to enlarge)
Click to Enlarge Name: Big E post#2 training chart.png Size: 154 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #130,158
  • Mar 29, 2022 4:30am Mar 29, 2022 4:30am
Quoting DrDave
Looks like the ToxicFakeTrader can't even do a simple copy-paste of a post!! Below is ALL of post #2. Note in the ToxicFakeTrader's attempt to copy-past the post that he made plenty of ADDITIONS to try to fool the unsuspecting into thinking that BigE posted that material in post#2. So many suckers that get tricked by the ToxicFakeTrader and blindly follow him down the FailurePit. post#2. 1st Trading Chart... Note on the TDI showing your entry set ups... green crossing red enter on that new PA candle... Attached Image (click to enlarge) {image}
Nice job DrDave -- 7 down and only 3 more posts to go to meet your quota of 10 / day. And then, tomorrow, you get to look forward to your rinse and repeat cycle. How does it feel to have your life revolve around @BigE's and @emmanuel7788's thread?

DrDave -- who do you think is the real sucker? Eh?
  • #130,159
  • Mar 29, 2022 4:33am Mar 29, 2022 4:33am
Quoting emmanuel7788
{quote} XAUUSD Mar23 trade update - trading the Weekly sideways market I reduce the Position Size and avoid too many trades in one single basket - also limit the number of open baskets - wait till there is a Trending Market Type (Weekly Trend 2/8 TMS V19) then apply TMS MEME EVO2020 money management plan A. - always pay attention to the Daily price action you see on your TMS_V19 template above post. #129,873 {image} ...

XAUUSD Mar29 trade update:

- a little slow moving but the direction is intact

- taken some money off the table and now with only 3 open sell positions with AEP 1918.86 +225pips

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD Mar29 LON update 29-3-2022 5-30-14 pm.png Size: 40 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #130,160
  • Mar 29, 2022 4:56am Mar 29, 2022 4:56am
Quoting emmanuel7788
{quote} Lets all learn together with him and help him understand Big E' 5-Method. .
But @emmanuel7788, sir, DrDave doesn't need to learn from this thread -- he can learn from Tekkies. And if he is a quick learner, with a little bit of luck she can help him make his account look like hers...
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