Trading Made Simple | Page 6554 | 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

  • #131,061
  • Apr 22, 2022 3:42am Apr 22, 2022 3:42am
Quoting emmanuel7788
{quote} another pull back then break sell again all happening during this 1-hour trade window {image} when this H1 closed, we chack if we have a 5bars swing highfor a H1 sell setup >>> be patient and focus on price

Attached Image (click to enlarge)
Click to Enlarge Name: XAUDUSD Apr22 M5 second break 22-4-2022 4-30-04 pm.png Size: 34 KB


{image}

XAUUSD Apr22 M5 update ....

- check time 09:37:54 am

- wait for 10:00 candle open
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD Apr22 M5 waiting for 1000AM 22-4-2022 4-37-55 pm.png Size: 45 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #131,062
  • Apr 22, 2022 3:47am Apr 22, 2022 3:47am
Quoting Mayur90
Do Moderator have any role in verifying what any user are posting in the forum as this thread looks like a blame game to me rather than providing some value to the Big E's idea of trading made simple.
Hi there,

Unfortunately, the owner of the thread is late - but left a good legacy for traders to follow. Leave all the distractions and focus on those that have been here the longest as they have more experience than the newer traders.

I just like the charts people post as that is where you can learn from, do not bother with all the mudsling's going on, just a waste of time and effort. Again focus on the charts only and read the comments on those charts, that is all you need.

All the best and more green pips to us all.

I salute.
Born to rule my Economic World and Make a Difference!
  • #131,063
  • Apr 22, 2022 3:52am Apr 22, 2022 3:52am
Quoting emmanuel7788
{quote} XAUUSD Apr22 M5 update .... - check time 09:37:54 am - wait for 10:00 candle open {image}
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD Apr22 M5 waiting for 1000AM 22-4-2022 4-37-55 pm.png Size: 45 KB


{image}


now we see price struggles at a key level 1346.30 ....

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD Apr22 M5 key level 1946.30 22-4-2022 4-50-30 pm.png Size: 36 KB



>>> again it will be break sell
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #131,064
  • Apr 22, 2022 3:53am Apr 22, 2022 3:53am
Quoting Mayur90
Do Moderator have any role in verifying what any user are posting in the forum as this thread looks like a blame game to me rather than providing some value to the Big E's idea of trading made simple.
I do hope so. It has been like this for years before I joined FF.

This forum was created by BigE aka Eric and is about his Trading Made Simple method.

My suggestion is to read BigE’s posts before other posts. Then you will know Emmanuel7788 has been here for years harassing other members, shunning the actual TMS traders away.

This is a remark from another member long ago.

Attached Image (click to enlarge)
Click to Enlarge Name: 90BA2DE3-F8B1-48E5-B8B6-3F56E2427AE7.jpeg Size: 445 KB


There is no blaming here, but BigE’s TMS and the essence within have been devalued in order to promote other trading systems, EAs. Multiple members have told this person to open a new thread but in vein

Unfortunately the moderator ie BigE has left us.

I am sharing my progress with BigE’s TMS since 2021.

This thread is not a place the mental people to dump their emotional toxin.
  • #131,065
  • Apr 22, 2022 3:59am Apr 22, 2022 3:59am
Quoting emmanuel7788
{quote} now we see price struggles at a key level 1346.30 .... {image} >>> again it will be break sell {image}
soon we have 10:00AM h1 candle true reversal

help!

my screen is running out of space for 10:00am candle to fall lower


Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD Aprr M5 0958am 22-4-2022 4-58-15 pm.png Size: 35 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #131,066
  • Apr 22, 2022 4:02am Apr 22, 2022 4:02am
Quoting emmanuel7788
{quote} soon we have 10:00AM h1 candle true reversal help! my screen is running out of space for 10:00am candle to fall lower {image}

XAUUSD Apr 22 H1 True REVERSAL confirmed!

> you decide

> do you have a trade plan for London session trading?

> I can only do this much ....

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD Apr22 H1 1000am True REVERSAL 22-4-2022 5-00-03 pm.png Size: 36 KB



Trade Yourself to Financial Freedom
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #131,067
  • Apr 22, 2022 5:44am Apr 22, 2022 5:44am
Quoting emmanuel7788
{quote} XAUUSD Apr 22 H1 True REVERSAL confirmed! > you decide > do you have a trade plan for London session trading? > I can only do this much .... {image} Trade Yourself to Financial Freedom
If you follow BigE's Trading Made Simple, You would have come to the same conclusion.


#647 Lower high and Lower low formation = downtrend

Sell at TDI green cross red down

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 102 KB

There is no need to re-invent the wheel.

5-bar reversal pattern overlaps with TDI green cross red
But not all TDI green cross red come with 5-bar patterns

Follow the TDI with Price Action

Trading made simple is not trading made Complicated.
  • #131,068
  • Apr 22, 2022 5:56am Apr 22, 2022 5:56am
Quoting tommydoginti
{quote} If you follow BigE's Trading Made Simple, You would have come to the same conclusion. #647 Lower high and Lower low formation = downtrend Sell at TDI green cross red down {image} There is no need to re-invent the wheel. 5-bar reversal pattern overlaps with TDI green cross red But not all TDI green cross red come with 5-bar patterns Follow the TDI with Price Action Trading made simple is not trading made Complicated.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 266 KB

Applying basic Price Action from BigE's recommendations
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 233 KB


Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 510 KB
  • #131,069
  • Apr 22, 2022 7:13am Apr 22, 2022 7:13am
Quoting eelfranz
For those not having a MT4 Platform : In place of the TDI -> use the CCI set to 6 and for the level enter a 0.0 line. When the line crosses the 0.0 line you normally have a set up. This info was PM'ed to me ...
CCI An ingenious trade confirmation tool!

see { here }

https://www.forexfactory.com/thread/...9#post13977599
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #131,070
  • Apr 22, 2022 7:18am Apr 22, 2022 7:18am
Quoting kin78
{image}
SL hit
FD
  • #131,071
  • Apr 22, 2022 7:34am Apr 22, 2022 7:34am
A skin deep review of why last trade failed. #1 reason, entered before LO (perhaps)

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM30.png Size: 93 KB

Quoting kin78
{image}
FD
  • #131,072
  • Apr 22, 2022 3:47pm Apr 22, 2022 3:47pm
Quoting Mayur90
Do Moderator have any role in verifying what any user are posting in the forum as this thread looks like a blame game to me rather than providing some value to the Big E's idea of trading made simple.
If "moderator " means "thread starter", then no, he has no role in controling anything here because he is dead. If it means "Forex Factory administrators", then they have the power to exert "control " over who posts and what is posted. However, they mostly take a "hands off" approach. Read the Trader Code of Conduct and read the words about If you can't work out problems with another member, use the Ignore feature.
To free Gazans of Hamas, use whatever it takes.
  • #131,073
  • Apr 22, 2022 3:57pm Apr 22, 2022 3:57pm
Quoting sharemaster2
{quote} Hi there, Unfortunately, the owner of the thread is late - but left a good legacy for traders to follow. Leave all the distractions and focus on those that have been here the longest as they have more experience than the newer traders. I just like the charts people post as that is where you can learn from, do not bother with all the mudsling's going on, just a waste of time and effort. Again focus on the charts only and read the comments on those charts, that is all you need. All the best and more green pips to us all. I salute.
focus on those that have been here the longest as they have more experience than the newer traders
LOL. No. Being here a long time doesn't automatically mean that the person has any WORTHWILE RESULTS to offer from his experience!

In addition, someone that is here a short time can be very bright and adept and trade circles around an "experienced old timer"
To free Gazans of Hamas, use whatever it takes.
  • #131,074
  • Apr 22, 2022 5:07pm Apr 22, 2022 5:07pm
Quoting emmanuel7788
{quote} hi kin78 I see you are trading Synergy_Pro_TDI which is another system by Dean Malone. Is Synergy Pro system better than Big E' TMS? Your previous post / trade. {image}
I really dont know which is better or if it makes much of a difference if both TDIs are used with the same settings.

What do you think?
FD
  • #131,075
  • Apr 22, 2022 6:03pm Apr 22, 2022 6:03pm
Quoting kin78
A skin deep review of why last trade failed. #1 reason, entered before LO (perhaps) {image} {quote}
Hi Kin78,

Just my 2 cents, it does not matter

BigE only considered HA candle body colours when trading Trading Made Simple. APB is a variation of HA candle with its candle close value more skewed to last candle’s OHLC. But in essence HA and APB candles have same color (a close above / below open).

BigE used HA candle

#1
Attached Image (click to enlarge)
Click to Enlarge Name: C08DADCB-0BA5-495E-BA5D-43EDDB69CF79.jpeg Size: 88 KB
  • #131,076
  • Apr 22, 2022 6:27pm Apr 22, 2022 6:27pm
Quoting tommydoginti
{quote} Hi Kin78, Just my 2 cents, it does not matter BigE only considered HA candle body colours when trading Trading Made Simple. APB is a variation of HA candle with its candle close value more skewed to last candle’s OHLC. But in essence HA and APB candles have same color (a close above / below open). BigE used HA candle #1 {image}

Thanks for the reminder @Tommydoginti


Making the adjustments.

Cheers!
FD
  • #131,077
  • Apr 22, 2022 7:34pm Apr 22, 2022 7:34pm
#4368

"Check your 4hr & 1hr charts when considering a trade your not sure of... what's building under that Daily chart? Take a peek.."

do the same for every other timeframe you want to trade.

for example, if you trade M15... take a peek at H1 for setup conditions
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #131,078
  • Apr 22, 2022 7:44pm Apr 22, 2022 7:44pm
Quoting kin78
A skin deep review of why last trade failed. #1 reason, entered before LO (perhaps) {image} {quote}

Just my 2 cents, according to BigE’s #647
Attached Image (click to enlarge)
Click to Enlarge Name: 4B3AF979-7C7E-41F6-BE03-3A15068215D6.jpeg Size: 489 KB


If only considered the Price Action, ie the trend, in m30 price made recent lower highs and lower lows, indicated a downtrend. A SELL with stoploss placed at recent H would be reasonable.

Attached Image (click to enlarge)
Click to Enlarge Name: 4C21FCFE-A8F2-4F24-B84F-16ABB900BA2F.jpeg Size: 647 KB



if consider how close price was from previous Low and rejection, then one can BUY, but the decision should be a bit earlier than your entry. It could be a loss but with BigE’s way of closing (TDI, time, pullback exit), there was plenty of time to exit at BE or small profit

Attached Image (click to enlarge)
Click to Enlarge Name: 5A0F5C32-B6D2-4341-A947-6D1348BAE9C3.jpeg Size: 662 KB


But including your entry, after TDI crosses price went in that direction. I saw you once was +15. Trade management should give you a better outcome

trade well
  • #131,079
  • Apr 22, 2022 7:52pm Apr 22, 2022 7:52pm
Quoting emmanuel7788
{quote} #4386 " On the TDI I enter when green crosses red after checking out the PA, hi/lo, Stoch and then make my decision.." >>> reading Big E's posts is picking up pieces of a puzzle and putting them in the right place and order.

Good! Finally over 30 years of losing money in trading you start to show progress of overcoming your mental problems and learning BigE’s Trading Made Simple!



BigE: EAs cannot see the market as we do

do not rely on EAs

Attached Image (click to enlarge)
Click to Enlarge Name: 5367D2E9-DDF2-47F0-87CD-34F46CF00625.png Size: 242 KB
  • #131,080
  • Apr 22, 2022 7:53pm Apr 22, 2022 7:53pm
Quoting emmanuel7788
{quote} #4386 " On the TDI I enter when green crosses red after checking out the PA, hi/lo, Stoch and then make my decision.." >>> reading Big E's posts is picking up pieces of a puzzle and putting them in the right place and order.

#4278
Attached Image (click to enlarge)
Click to Enlarge Name: Big E #4278.png Size: 197 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
101 traders viewing now