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Trading Made Simple

  • #131,681
  • May 8, 2022 6:26pm May 8, 2022 6:26pm
Quoting emmanuel7788
{quote} USDollar May06 New York Close - trading above the MN 12557 is a major significant move last week - FOMC driven it higher to above 12692 - next week I buy with multiple targets above to the high of 12890 and possible new high 12955 {image}

USDOLLAR May09 trade

- will manage this trade with R and R-Multiples

- 12800 is psych level to break if strong buyers jump in

Attached Image (click to enlarge)
Click to Enlarge Name: USDOLLAR May09 trade update 9-5-2022 7-21-32 am.png Size: 26 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #131,682
  • May 8, 2022 6:40pm May 8, 2022 6:40pm
Quoting emmanuel7788
{quote} Examples of 4hr 2 R trades JPY Basket {image} now is waiting for the next setup it will be above 8100 or below 8000, {image}

JPY Basket May09 H4

- still a waiting game to see when it will make a move above 8100 or below 8000

- be patient and look for the best setups like Big E. I look for A+++ setup which meet ten(10) criteria

- note the retracement levels 50% and 61.8% of the last big move up from April 19 and 20, and its is narrowing price action now

Attached Image (click to enlarge)
Click to Enlarge Name: JPYBasket May09 waiting 9-5-2022 7-35-17 am.png Size: 29 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #131,683
  • May 8, 2022 6:51pm May 8, 2022 6:51pm
Quoting emmanuel7788
Trading with CFD brokers - something looks familiar {image}

81.12% of retail investors lose money here...

Attached Image (click to enlarge)
Click to Enlarge Name: pepperstone 81pct lose money 9-5-2022 7-46-59 am.png Size: 80 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #131,684
  • Edited 7:16pm May 8, 2022 7:04pm | Edited 7:16pm
AU May09 H1 sell

- H4 Inside Bar breakout ... Dynamic Entry

Attached Image (click to enlarge)
Click to Enlarge Name: AU May09 H4 IB breakout 9-5-2022 8-04-12 am.png Size: 17 KB


TMS_V19 Information EA

- Dynamic Entry

Attached Image (click to enlarge)
Click to Enlarge Name: AU May09 H4 V19 dynamic entry 9-5-2022 8-15-30 am.png Size: 46 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #131,685
  • May 8, 2022 7:33pm May 8, 2022 7:33pm
Quoting emmanuel7788
AU May09 H1 sell - H4 Inside Bar breakout ... Dynamic Entry {image} TMS_V19 Information EA - Dynamic Entry {image}

The message is much easier to understand and comprehend with pictures and charts, and each of your posts is very informative and educational unlike others criticizing without any visual proof.

Thank you emmanuel
  • #131,686
  • May 8, 2022 8:06pm May 8, 2022 8:06pm
Quoting emmanuel7788
AU May09 H1 sell - H4 Inside Bar breakout ... Dynamic Entry {image} TMS_V19 Information EA - Dynamic Entry {image}

And TMS traders we use the M5 alert signal for timing our Dynamic Entry once we have decided on the H4 and H1 breakout direction

Attached Image (click to enlarge)
Click to Enlarge Name: AU May09 M5 alert 9-5-2022 9-03-00 am.png Size: 51 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #131,687
  • May 8, 2022 11:04pm May 8, 2022 11:04pm
Eurcad is looking good 4 long @ 1.3606
  • #131,688
  • May 8, 2022 11:06pm May 8, 2022 11:06pm
Quoting emmanuel7788
{quote} SGDJPY May06 New York Close 5pm - still sideways for few days as it made historical high - Singapore regulator MAS very cautious with JPY reserves now as USD raised rates - breaking above 94.50 I have some doubts now if it can happen, never know. - anything can happen until the next FOMC {image}
i should avoid those sideway. it just wasted time
  • #131,689
  • May 9, 2022 1:41am May 9, 2022 1:41am
Quoting emmanuel7788
once someone mentioning the work of Jeffrey Kennedy, I get PMs asking for the downloads. Folks, these are all here in this thread, some going back to posts made in 2013. below are links to download them, simply just click to download if you do not bother to use the search in the thread attachments. Ultimate Technical Analysis Handbook pdf Best of Traders Classroom...
#121,217

Good study materials which can add to your knowledge about trading.

below are links to download them, simply just click to download if you do not bother to use the search in the thread attachments.

Ultimate Technical Analysis Handbook pdf

Best of Traders Classroom pdf

High Probability Trading Opportunities using Moving Averages pdf

I will post some real-time live market charts to help you learn and trade along with us.

Enjoy and Have Fun

Stay Tuned!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #131,690
  • May 9, 2022 1:45am May 9, 2022 1:45am
[quote=emmanuel7788;13994312]
Quoting Fake'Dr'Dave
{quote} . Also, if you look at just the bodies, look at how many bars are inside bars--more consolidation. quote] more mistakes, how many bars are inside bars? Fake'Dr'Dave does not know what are Inside Bar candle TMS 5-Method traders we look at the Price Bar chart for the Price Action Inside Bar not the APB or HA candles {image} {image}

GU May09 H4 'arrow pattern' and Inside Bar

- just another price action chart pattern and Inside Bar setup for breakout trading

- with this pattern and IB breakout, you check your 5-Method chart template and see if you have the Stoch and TDI to confirm a trade

There is Pop Gun and also the Arrow pattern, another great pattern to catch the breakouts.

I shared some of Jeffrey Kennedy' materials are here in this thread.

http://www.elliottwave.com/Education

Attached Image (click to enlarge)
Click to Enlarge Name: GU May09 Insdie Bar and Arrow pattern 9-5-2022 2-27-04 pm.png Size: 18 KB


TMS_V19

Attached Image (click to enlarge)
Click to Enlarge Name: GU May09 H4 V_19 FO 9-5-2022 2-47-36 pm.png Size: 43 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #131,691
  • May 9, 2022 2:02am May 9, 2022 2:02am
Quoting emmanuel7788
{quote} {image} EMBasket May06 New York Close 5pm - I moved and kept my SL at breakeven plus and fight the NFP - next week trade management is easy... I wait and see if price closes below mt TP2 +2R level and move stop to +1R lock-in profit 1R - then push TP to next level +3R and wait - I see Weekly range widening {image} ...

EMBasket May09 Trade Update Frankfurt Open

- with price moving down to TP2 +2R level

- I move my trailing stop to +1R and locked-in 1R profit

- move TP to TP3 +3R level and wait

Attached Image (click to enlarge)
Click to Enlarge Name: EMBASKET May09 trade update FO 9-5-2022 2-05-00 pm.png Size: 29 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #131,692
  • May 9, 2022 2:36am May 9, 2022 2:36am
EURJPY May09 H4 TMS_V19 alert at London 08:27am

- 27 minutes into this current active H4 we get an alert

- this is Dynamic Entry alert and the TDIO#25 has not update yet

- the slope of the TDI is calculated in realtime by the TMS_OSC _Histo

> you check your EJ chart and decide if you have a trade plan to take a trade

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY TMS_V19 alert London Open 27mins.gif Size: 76 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #131,693
  • May 9, 2022 10:18am May 9, 2022 10:18am
This thread has more than 6000 pages, and I`ve read the first 20.
The author seemed to be an amazing guy, and I`ve noticed sadly he passed away.
I came to ask you all whats the best way to understand fully his strategy, how did it develop during all these years, and if there is a proper way to follow and undertand it.
I am still a beginner, but I know all the primary concepts, and already take my few pips.
Thank you for having me here.
  • #131,694
  • Edited 1:10pm May 9, 2022 12:00pm | Edited 1:10pm
Quoting havenoidea
Eurcad is looking good 4 long @ 1.3606
+104 pips so far
trade close @1.3724 early closed, look for more opportunities
  • #131,695
  • May 9, 2022 12:58pm May 9, 2022 12:58pm
Quoting Tricolor77
This thread has more than 6000 pages, and I`ve read the first 20. The author seemed to be an amazing guy, and I`ve noticed sadly he passed away. I came to ask you all whats the best way to understand fully his strategy, how did it develop during all these years, and if there is a proper way to follow and undertand it. I am still a beginner, but I know all the primary concepts, and already take my few pips. Thank you for having me here.
got question, ask Emmanuel, he ll help, support you with his kind,love
  • #131,696
  • May 9, 2022 3:21pm May 9, 2022 3:21pm
Quoting Tricolor77
This thread has more than 6000 pages, and I`ve read the first 20. The author seemed to be an amazing guy, and I`ve noticed sadly he passed away. I came to ask you all whats the best way to understand fully his strategy, how did it develop during all these years, and if there is a proper way to follow and undertand it. I am still a beginner, but I know all the primary concepts, and already take my few pips. Thank you for having me here.
Seeing that you are a beginner, here is a little advice for you to consider.

If you want to see examples of how to apply only the simple rules and indicators that BigE used in the 5-method, then read all posts by tommydoginti and you will quickly catch on.

If you want to read a lot of posts that are guaranteed to bring you confusion, then read posts of emmanuel7788. You will see him talk about all kinds of things that BigE did not include in the 5-method, plus many things that BigE said SPECIFCALLY do not use and do not talk about in this thread, like EAs and other systems.

Tommy achieved about an 80% success rate with low drawdown in less than 2 years. emmanuel has been perverting the 5-method for 10 years now, and admitted that he FINALLY achieved the BEGINNER'S 65% success rate, and that he can only maintain that with a lot of HARD WORK every day! Even in 2017, 2018, and 2019 he managed to blow his accounts--there are images posted that show this, if you want to waste your time looking for them.

Some other newcomers put emmanuel on Ignore right away because they did not want to read his flood of confusing and off-topic posts and the many, many posts attacking other members. He has posted that he has a lot of medical problems that include OCD and mental issues, so it is no surprise that he can't figure out the 5-method and that he has so many mental melt downs.

Actually, after you read the rest of the posts by BigE so that you see how the 5-method works, your time would then be better spent going to one of the other threads that is related to TMS than staying in this thread.
To free Gazans of Hamas, use whatever it takes.
  • #131,697
  • May 9, 2022 3:30pm May 9, 2022 3:30pm
Quoting Tricolor77
This thread has more than 6000 pages, and I`ve read the first 20. The author seemed to be an amazing guy, and I`ve noticed sadly he passed away. I came to ask you all whats the best way to understand fully his strategy, how did it develop during all these years, and if there is a proper way to follow and undertand it. I am still a beginner, but I know all the primary concepts, and already take my few pips. Thank you for having me here.
Have a look at the PDF's on the first post of this thread: https://www.forexfactory.com/thread/...g-made-simpler

Also in this thread a member called Numbers created some PDF's regarding Big-E's strategy. You can find them in his journal.

I find Big-E's strat is quite successful but I don't think anyone else here is trading based purely on Big-E's strat. From what I can tell even Emmanuel has added his own elements that suit him and work well for him but are quite a bit more complex than Big-E's trading made simple.
  • #131,698
  • May 9, 2022 6:49pm May 9, 2022 6:49pm
Quoting havenoidea
{quote} i should avoid those sideway. it just wasted time

TMS will not work in narrow ranged sideways Market Type conditions.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #131,699
  • May 9, 2022 6:52pm May 9, 2022 6:52pm
Quoting Tricolor77
This thread has more than 6000 pages, and I`ve read the first 20. The author seemed to be an amazing guy, and I`ve noticed sadly he passed away. I came to ask you all whats the best way to understand fully his strategy, how did it develop during all these years, and if there is a proper way to follow and undertand it. I am still a beginner, but I know all the primary concepts, and already take my few pips. Thank you for having me here.

hi Tricolor77

WELCOME to eelfranz' Trading Made Simple

I have this summary just for you to get started:

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
  • #131,700
  • May 9, 2022 6:56pm May 9, 2022 6:56pm
Quoting [I
Fake'Dr'Dave[/i];13995437]{quote} Seeing that you are a beginner, here is a little advice for you to consider. If you want to see examples of how to apply only the simple rules and indicators that BigE used in the 5-method, then read all posts by tommydoginti and you will quickly catch on. If you want to read a lot of posts that are guaranteed to bring you confusion, then read posts of emmanuel7788. You will see him talk about all kinds of things that BigE did not include in the 5-method, plus many things that BigE said SPECIFCALLY do not use and do not talk about in this...
"If you want to see examples of how to apply only the simple rules and indicators that BigE used in the 5-method, then read all posts by tommydoginti and you will quickly catch on."

LOL @Fake'Dr'Dave

Thanks for the daily laughs.

You have been trading since 2011 and you want to learn from @tommydoginti who posed many fake trade marked up on old charts to look like TMS trades.

Here are some recent examples:

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Attached Image (click to enlarge)
Click to Enlarge Name: tommydogie #124113 chart fake trades.png Size: 35 KB

..
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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