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Trading Made Simple

  • #131,461
  • May 3, 2022 3:07am May 3, 2022 3:07am
Quoting emmanuel7788
many have tried but did not make it. Big E knew why. {quote} #495 Guys.... My point is lets keep the thread clean... If you see a post for someone looking for something or a different way you trade it... no problem but please PM them alone... thanks... Lets build this so we can help as many traders as possible because they all have money and time invested and they need to make money for their efforts. Starting out you should be 60-65% successful. Within 1 to two months you should be 70-80% successful.. IF... you follow the simple rules and simple...
Folks, don't get fooled by Vincent's out of context posts!!
. This thread is not meant for newbies. Our thread is not about learning the basics of forex trading but it's about teaching a method to traders who are no longer beginners... but intermediate+ I guess.

THAT is NOT from this TMS thread!!! For those that have actually read this thread, you know that BigE talked about the "beginner's success rate". So, if THIS thread were meant for traders beyond beginner state, why in the world would he possibly talk about BEGINNER'S success rate????

You see how Vincent tries to trick people into believing things that simply are not true? He has similar tactics for his posts about his trades.


Here is a post from a new member who even states that he is a Newbie and completed some BabyPips courses. Do you think that he was kicked out or even discouraged from participating because he was not at least at an Intermediate level?

Another Newbie here, I found FX about a year ago opened a demo account did some reading and completed some of the babypips courses, then the broker called and sold me on some of the other features offered so I opened a micro account ($300).

After 2 weeks of demo trading I live traded and made $1600 in the first 2 weeks, the next week I lost all that profit and the following week a little bit more. certainly learned a lesson there.

I have just stumbled across this site and have finally finish reading this thread, and I can see the senior members here genuinely want to help everyone who wants it.

I may not post very much but will be following very keenly

THANKS
To free Gazans of Hamas, use whatever it takes.
  • #131,462
  • May 3, 2022 3:12am May 3, 2022 3:12am
Quoting DrDave
{quote} Perfect example Trade entry-exit and achievements. Sorry, but no, that is not a good example. That is simply another of his cherry-picked examples after trades have closed in profit. The "perfect example" would have a screen capture a few seconds after entry, and then the screen capture after the trade closed. Vincent himself has posted many times about an EA (or script, I don't recall which) that automatically takes a screen capture when an order is placed. So doesn't it seem a bit odd that he doesn't post these and then later...

hey @Fake'Dr'Dave

Yes. I have several experts advisors EAs which will take screenshots automatically when there are setups. The screenshota are saved in my VPS server harddisk.
My EAs also sends out screenshots to several members via telegram/whatsapp and those members in-turn send the screenshots to their own telegram groups.

Next I am working on a user interface to connect to Twitter, to be in time when Elon Musk completes his takeover of Twitter, I will also switch over and use Twitter

Stay Tuned!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #131,463
  • May 3, 2022 3:13am May 3, 2022 3:13am
Emmanuel, with highly expectation, i will share with you a lesson
if you continue replying, you are just wasting time, also killing your life
Inserted Video
  • #131,464
  • May 3, 2022 3:14am May 3, 2022 3:14am
Quoting emmanuel7788
{quote} hey @Tekkies I am quoting Big E' Post#3805 not that member XxLessoxX {image} {image}
Nice, but as I already posted YOU ARE USING A POST THAT IS NOT FROM THE TMS THREAD!!

Good job of tying to fool the naïve.
To free Gazans of Hamas, use whatever it takes.
  • #131,465
  • May 3, 2022 3:16am May 3, 2022 3:16am
Quoting Fake'Dr'Dave
{quote} Folks, don't get fooled by Vincent's out of context posts!! . This thread is not meant for newbies. Our thread is not about learning the basics of forex trading but it's about teaching a method to traders who are no longer beginners... but intermediate+ I guess. THAT is NOT from this TMS thread!!! For those that have actually read this thread, you know that BigE talked about the "beginner's success rate". So, if THIS thread were meant for traders beyond beginner state, why in the world would he possibly talk about BEGINNER'S success rate????...

Poor @Fake'Dr'Dave

You cannot accept the evidence and fact that Big E considered you to be a newbie when you posted in his old thread in 2011.

Big E' trading methods are not for beginners like you. You are still at the beginner's level after more than 10 years in Forex Factory.

Now, take Big E' advice, be a good boy and go back start all over again at babypips.com

Big E #3805

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #131,466
  • May 3, 2022 3:17am May 3, 2022 3:17am
Quoting emmanuel7788
{quote} hey @Fake'Dr'Dave Yes. I have several experts advisors EAs which will take screenshots automatically when there are setups. The screenshota are saved in my VPS server harddisk. My EAs also sends out screenshots to several members via telegram/whatsapp and those members in-turn send the screenshots to their own telegram groups. Next I am working on a user interface to connect to Twitter, to be in time when Elon Musk completes his takeover of Twitter, I will also switch over and use Twitter Stay Tuned!
I have several experts advisors EAs which will take screenshots automatically when there are setups.

So folks, you see?? TheToxicFakeTrader confirms that he has the screenshots at entry, but does not post them soon after the entry in this thread for fear of being exposed as TheFakeTrader.
To free Gazans of Hamas, use whatever it takes.
  • #131,467
  • May 3, 2022 3:19am May 3, 2022 3:19am
Quoting DrDave
{quote} Nice, but as I already posted YOU ARE USING A POST THAT IS NOT FROM THE TMS THREAD!! Good job of tying to fool the naïve.

Hey Fake'Dr'Dave

You failed to see the connection between the old thread and new thread. It is the same mental conditions your buddy @Tekkies suffers from.

Now follow this introduction:

Introduction to Trading Made Simple

To learn what Trading Made Simple is, you have to follow the trading journey of the OP eelfranz aka Big E. He started as a newbie in 2008. Know the history and you will learn a lot from the OP and when you have mastered the 5-Method, you can then move on and develop your own trading system following how he did his. Many traders have moved on to trade their own systems.

Trading Made Simple for beginners : Post#52,707

A short history by pioneer member snarlyjack Post#110

Our late OP eelfranz aka Big E spent 6,000 hours: Post#6 and he evolved as a trader and went on and developed two trading methods.
5-Method and 21/233 Method Post#3018, Post#4104,

After months of postings and answering many frequently asked questions FAQs,
eelfranz made the jump to this new Trading Made Simple thread on 26 April 2011... Post#4432

In Post#1, he explained how he traded the H4 chart timeframe and he also traded the H1 chart during the NY session. This suited his lifestyle being retired and the time zone he lived. Sadly he passed away in Oct 2012.

Two very important posts: Post#261 and Post#647, give a simple summary of what this 5-Method is and the basic forex stuff we check before we look for the TDI setups to trade.

TMS 5-Method Basic Rules: Post#53,841
Always check the #1- Price Action first, then #2- TDI Post#3142
Big E wanted us to build this TMS thread together... Post#4,432

The original indicators and template Post#25
When you are overwhelmed (information overload) by the number of posts and the loads of information and variations shared by other traders here, the best thing to do is to stop reading and go back to the basics what Big E mentioned in his 463 posts in this thread and 861 posts in the CHS thread. First you learn and master the 5-Method first before you start add your own tweaks and make a new system.

Recommendations:
Read all of Big E posts... 861posts in the Craig Harris Stochastics thread and 463 posts in this TMS thread....and make notes on those training charts he posted. Pay attention whenever he mentioned PA and what you see on his training charts.

Learn the basic stuff about forex trading first. A good place to start is www.babypips.com/school

If you want to trade the way Big E described in Post#1, make sure you use his template , the Synergy APB / HA candles and use that TDI Red Green version. These are in Post#25.

Important to Note that the TDI Red Green version repaints all the bars in history so you cannot use this when you do back-testing by scrolling back your charts. The better way is to run this in live market and trade the TMS setups based on what you see without refreshing your charts. When you want to trade with entries on the APB#1 and APB#2 candles, always wait for the price bar/candle to close and use the TDI to confirm the setup.

Big E was a rules-based discretionary trader. According to studies by Dr Van K Tharp this rule-based discretionary are the best traders,

Enjoy and Have fun during your learning journey..
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #131,468
  • May 3, 2022 3:19am May 3, 2022 3:19am
Quoting emmanuel7788
{quote} Poor @Fake'Dr'Dave You cannot accept the evidence and fact that Big E considered you to be a newbie when you posted in his old thread in 2011. Big E' trading methods are not for beginners like you. You are still at the beginner's level after more than 10 years in Forex Factory. Now, take Big E' advice, be a good boy and go back start all over again at babypips.com Big E #3805 {image}
Looks like your OCD has kicked in again--you keep posting the same image over-and-over. You better check in with your mental health care professional.
To free Gazans of Hamas, use whatever it takes.
  • #131,469
  • May 3, 2022 3:22am May 3, 2022 3:22am
Quoting Fake'Dr'Dave
{quote} I have several experts advisors EAs which will take screenshots automatically when there are setups. So folks, you see?? TheToxicFakeTrader confirms that he has the screenshots at entry, but does not post them soon after the entry in this thread for fear of being exposed as TheFakeTrader.

hey @Fake'Dr'Dave

You just confirm once again you still have not learn how to install MT4 Expert Advisors.

TMS_V19 EA will save the screenshots in your PC running MT4 EAs.

You do not need me to post all those screenshots.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #131,470
  • May 3, 2022 3:24am May 3, 2022 3:24am
Quoting havenoidea
Emmanuel, with highly expectation, i will share with you a lesson if you continue replying, you are just wasting time, also killing your life https://www.youtube.com/watch?v=bPz-q5yIKLU
Nice that you tried to help out Vincent, havenoidea. But sadly, the guy has a lot of mental health issues, including OCD. And either he is not receiving professional care for it, the treatment isn't working, or he simply does not adhere to the treatment regimen.

As for his replying and life, you have to understand that replying in ForexFactory threads IS his life!! That is the pathetic state that he is in.
To free Gazans of Hamas, use whatever it takes.
  • #131,471
  • May 3, 2022 3:45am May 3, 2022 3:45am
Quoting havenoidea
Emmanuel, with highly expectation, i will share with you a lesson if you continue replying, you are just wasting time, also killing your life https://www.youtube.com/watch?v=bPz-q5yIKLU
hi @havenoidea

Thanks for sharing that youtube video.

I have the patience of Job and Moses and I learned that from Big E' posts.

I know for a fact that what I do here will help Fake'Dr'Dave become a better person one day. I know his type and the mental conditions he suffers from. It will need a lot of time for him to recover to that stage before Oct 2019, that year he had his first mental breakdown.

I know of several reasons why he is in his current mental state therefore I will have to be very very very patient with him. I want to avoid that he starts doing physical harm to himself and those at home. So long he spends more of his time in this thread, his family will be safe.

Take care and Trade Well.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #131,472
  • Edited 5:20am May 3, 2022 4:04am | Edited 5:20am
First couple of trades of the day both huge losses almost 1% each.
Both second candle entries, very strong angle but at the close of the hour... well you can see.
You can't see the Stochastic on these charts but I do use it for entry validation.
Also the TDI indicator is not very good at all on CTrader so I recommend looking at tradingview.
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  • #131,473
  • May 3, 2022 4:15am May 3, 2022 4:15am
Quoting emmanuel7788
{quote} hey Fake'Dr'Dave aka @MostToxicFakeGuru Yes. We all know you once HAD that IMT TE running in 2020 but not anymore. You removed that TE. We could all see you held on to two(2) trades for 40 weeks and the floating drawdown caused you your mental meltdown. Those two(2) GBPUSD sell trades never made it to your imaginary TP. Blamed that on that voice speaking to you. {image} We could also see your 98.8% win rate. And your win is 0.0% and your loser minus 3.1% {image}
Hey Vincent.
Remarkable how fast you are to repost other members TE's.

Where is your current live running visible TE linked to what you post here?

Afraid you will take a hammering from traders about all those bad trades you don't want readers/traders to see.
  • #131,474
  • May 3, 2022 4:25am May 3, 2022 4:25am
Quoting snakecharmer
First couple of trades of the day both huge losses almost 1% each. Both second candle entries, very strong angle but at the close of the hour well you can see. You can't see the Stochastic on these charts but I do use it for entry validation. Also the TDI indicator is not very good at all on CTrader so I recommend looking at tradingview. {image} {image}
Look at that closed green bar before your entry bar. Look how it has big shadows and is also a relatively wide range bar. I would not make an entry on that TF under that setup. I MIGHT look at smaller TFs to see if there are setups.

On the EURUSD, that bar shows rejection of the high area of the swing high before it: another negative for buying.
To free Gazans of Hamas, use whatever it takes.
  • #131,475
  • May 3, 2022 4:26am May 3, 2022 4:26am
Quoting emmanuel7788
{quote} hey @Tekkies Big E wanted more traffic to his thread otherwise he would have closed it like his old thread. https://www.forexfactory.com/thread/...93#post3323593
Vincent, once more you mislead readers with:
"he would have closed it like his old thread"

Do you know the date of your own death?

His last post indicate he did not Post 12,912: Come visit more often.
>Therefor this thread was not closed by BigE.

Really Vincent, stop posting bullshit, please.

Quoting emmanuel7788
{quote} Hey Fake'Dr'Dave You failed to see the connection between the old thread and new thread. It is the same mental conditions your buddy @Tekkies suffers from. Now follow this introduction: Introduction to Trading Made Simple To learn what Trading Made Simple is, you have to follow the trading journey of the OP eelfranz aka Big E. He started as a newbie in 2008. Know the history and you will learn a lot from the OP and when you have mastered the 5-Method, you can then move on and develop your own trading system following how he did his. Many...
Once more you are misleading readers Vincent.
Always check the #1- Price Action first, then #2- TDI Post#3142
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This thread BigE posted:
Post 270......... When I check my charts... I look to the TDI... then PA.
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Vincent, seeing that you see yourself as the only member that know all about the 5-method.
Can you explain why BigE underlined that sentence?

Quoting emmanuel7788
{quote} hey @Fake'Dr'Dave You just confirm once again you still have not learn how to install MT4 Expert Advisors. TMS_V19 EA will save the screenshots in your PC running MT4 EAs. You do not need me to post all those screenshots.
Only the one's where you have place a trade with that setup Vincent.
Remember to indicate entry point:
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  • #131,476
  • Edited 6:05am May 3, 2022 5:10am | Edited 6:05am
Quoting Tekkies
{quote} Once more you are misleading readers Vincent. Always check the #1- Price Action first, then #2- TDI Post#3142 {image} This thread BigE posted: Post 270......... When I check my charts... I look to the TDI... then PA. {image} Vincent, seeing that you see yourself as the only member that know all about the 5-method. Can you explain why BigE underlined that sentence?
Always check the #1- Price Action first, then #2- TDI
You know that he posted that he has a LOT of mental and physical medical conditions. Plus, his English is not so good. So no surprise that he can't grasp how to step through even a numbered list of tasks to perform. (His trading examples and history are testament to that!)
To free Gazans of Hamas, use whatever it takes.
  • #131,477
  • May 3, 2022 5:25am May 3, 2022 5:25am
Quoting snakecharmer
First couple of trades of the day both huge losses almost 1% each. Both second candle entries, very strong angle but at the close of the hour well you can see. You can't see the Stochastic on these charts but I do use it for entry validation. Also the TDI indicator is not very good at all on CTrader so I recommend looking at tradingview. {image} {image}
Snake, try to place the trade at the beginning of the new bar that TDI has crossover.
#979... crossing the TDI Red... wait for the signal... as soon as you see the cross... enter right then... it's happens at the start of a new candle...
- Not sure how old that bar was when you have entered those trades.

Don't be shy to slap a trailer-stop on those entry's or move stoploss to BE + spread when you can.
  • #131,478
  • May 3, 2022 6:03am May 3, 2022 6:03am
Quoting snakecharmer
First couple of trades of the day both huge losses almost 1% each. Both second candle entries, very strong angle but at the close of the hour... well you can see. You can't see the Stochastic on these charts but I do use it for entry validation. Also the TDI indicator is not very good at all on CTrader so I recommend looking at tradingview. {image} {image}
It's often helpful to have a "smoothed view" of several TFs.

On this EURUSD M15, the blue/white represents H1, yellow/magenta M30, green/red M15.

You can see for yourself at the 3 green Vlines on the left that these are potential buy continuations, no price bars needed to decide.

The first 2 go to TP. I would not have entered the 3rd on this TF because at this point it is a 3rd retracement plus, the H1 is OVERDUE to swing down. So I would already be checking smaller TFs before that 3rd retracement even finished.

Similarly, the red Vline after that is the single sell continuation--clearly an easy win on this M15 TF--no price bars required.

Now comes your green H1 bars. The 1st white Vline is the open of your 1st H1 green bar and the 2nd white Vline is the open of your 2nd green bar that you entered on. If I were looking at H1, I would have no confirmation that a new uptrend has started, so I would definitely NOT be looking to make entries on H1 but instead, would be looking at smaller TFs because change comes from the bottom and progresses upward! There is no confirmation of direction change on M15 at the open of the 1st white Vline, so I would be all the way down to M1 (and I have confirmation there during that first H1 bar.)

You can see on M15 that by the time that 1st green bar closed, the M15 green line is already up to the level of the prior highs so it is highly likely that there will be either a pause or a reversal there, so I would have a TP already in that area--better to cash in than to hope&pray that it continues up.

I think that you can appreciate that no EAs required, no need to try to read candlestick patterns, no need for hope&pray--just take a multi-TF view of smoothed price and look for trend continuations to enter.

Attached Image
To free Gazans of Hamas, use whatever it takes.
  • #131,479
  • May 3, 2022 6:06am May 3, 2022 6:06am
Quoting snakecharmer
First couple of trades of the day both huge losses almost 1% each. Both second candle entries, very strong angle but at the close of the hour... well you can see. You can't see the Stochastic on these charts but I do use it for entry validation. Also the TDI indicator is not very good at all on CTrader so I recommend looking at tradingview. {image} {image}

@snakecharmer

why do you chose to ignore Big E 5-Method template as in Post#261?

I do not see any reversal candle with Stoch (8,3,3) and the TDI did not confirm the True REVERSAL setup.

EU H1 May03


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EJ H1 May03

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Post#647
> which 3 timeframes do you use when you trade H1?

> if your H1 is your entry timeframe, then your H4 is your setup as the Intermediate Trend , your Daily is your Primary trend

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #131,480
  • May 3, 2022 6:13am May 3, 2022 6:13am
Quoting Tekkies
{quote} Snake, try to place the trade at the beginning of the new bar that TDI has crossover. #979... crossing the TDI Red... wait for the signal... as soon as you see the cross... enter right then... it's happens at the start of a new candle... - Not sure how old that bar was when you have entered those trades. Don't be shy to slap a trailer-stop on those entry's or move stoploss to BE + spread when you can.
Thank you I am currently in 3 trades G/J G/U and E/G all in profit and SL is BE.
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