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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

  • #132,341
  • Jun 21, 2022 6:05pm Jun 21, 2022 6:05pm
Quoting Alihelmy123
no more than idea did this idea good or no{image}

Just for fun while I am on summer vacation,

using good old COWABUNGA template to 'double confirm' TMS 5-Method Daily trade setups

- there is no trade at the moment ... until...

Attached Image (click to enlarge)
Click to Enlarge Name: UK100 Jun22 COWABUNGA 22-6-2022 9-00-45 am.png Size: 36 KB

Q. Did Big E trade COWABUNGA in 2006?

A. Did you follow babypips trading forum?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #132,342
  • Jun 21, 2022 6:08pm Jun 21, 2022 6:08pm
Quoting havenoidea
{quote} dis week i got no luck, i got in slow pair, but im thinking about winning a game so that's helping me not getting boring.

when you are already in a trade and

the market type changes from Market Type#2 sideways wide ranging to Market Type#3 sideways narrow ranging,

you must have your Recovery Plan in your System Trading strategy.

without a proven Winning System Trading strategy, TMS traders rely too heavily on an indicator like the TDI green line crosses red line will need pure luck every trading day.

Now do you know why members here only post winning trades?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #132,343
  • Jun 21, 2022 6:25pm Jun 21, 2022 6:25pm
Quoting Alihelmy123
no more than idea did this idea good or no{image}
on your chart , you have your green vertical line

- I see price fractals aka 5bars swing highs/swing lows , swing high and swing low

- then I see big candle and smaller candles .... Post#647 basic forex stuff ... i.e. CONSOLIDATION zone

- then we wait for the MOMENTUM break candle setup ....

> that's the beauty of Big E' 5-Method without any oscillators like the Stochastics and TDI.

> Price Action is the leading indicator for all trade setups for 5-Method traders

>

Attached Image (click to enlarge)
Click to Enlarge Name: Alihelmy123 post UK100 22-6-2022 9-16-26 am.png Size: 59 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #132,344
  • Jun 21, 2022 6:28pm Jun 21, 2022 6:28pm
Quoting eelfranz
Unless you mastered this method already... keep the questions or concerns coming. Post your Demo trades too. Continue making Demo trades to build your confidence and study old charts where the TDI gives clean signals... it will pay you in spades... well, pips in our case...
Big E' 5-Method:

"Unless you mastered this method already... keep the questions or concerns coming. Post your Demo trades too.

Continue making Demo trades to build your confidence and study old charts where the TDI gives clean signals... it will pay you in spades... well, pips in our case.."
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #132,345
  • Jun 21, 2022 6:32pm Jun 21, 2022 6:32pm
Quoting eelfranz
I'm going to do a test on the Daily charts. When green crosses red I'll stay in until green crosses red again. I'll report the results in a week or so... I'll only enter if the candles are medium length or larger... wish me luck ...

Big E on Daily:

"I'm going to do a test on the Daily charts. When green crosses red I'll stay in until green crosses red again. I'll report the results in a week or so... https://resources.faireconomy.media/....png?v=1.0.0.3 I'll only enter if the candles are medium length or larger... wish me luck ."

well folks, Good Luck trading the Daily with TDI green crosses red for entry and exit.

when you have mastered the 5-Method, you don't need luck.

You need something else.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #132,346
  • Jun 21, 2022 6:51pm Jun 21, 2022 6:51pm
Quoting emmanuel7788
US Markets Jun 21 Tuesday Tokyo/Asian session - Do Not chase after early bulls - I'll wait till when the Monday bulls get exhausted > where to Bears hunt? {image}
The best example of one picture = 1000 words I have seen for some time.....
  • #132,347
  • Jun 21, 2022 6:54pm Jun 21, 2022 6:54pm
Quoting emmanuel7788
{quote} when you are already in a trade and the market type changes from Market Type#2 sideways wide ranging to Market Type#3 sideways narrow ranging, you must have your Recovery Plan in your System Trading strategy. without a proven Winning System Trading strategy, TMS traders rely too heavily on an indicator like the TDI green line crosses red line will need pure luck every trading day. Now do you know why members here only post winning trades?
only ppl havenoidea said no luck, they need education! no excuses
  • #132,348
  • Jun 21, 2022 8:04pm Jun 21, 2022 8:04pm
Quoting emmanuel7788
S&P500 Jun 22 M30 Tokyo 9:30am - BEEOB setup candle with Mother Bar/Inside Bar Breakout {image}
nice one, do some currency trade, my account isnot allow sp500, nas500. cant follow your trade.
  • #132,349
  • Jun 21, 2022 9:53pm Jun 21, 2022 9:53pm
Quoting Alihelmy123
usdcad daily no more than idea did this idea good or no{image} IVB CANDLE{image}
I go out with -60 pip
Cut your losses. Cut your losses. Then maybe you have a chance
  • #132,350
  • Jun 21, 2022 9:56pm Jun 21, 2022 9:56pm
Usdcad4 hour
No more than idea
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eurjpy 4hour
No more than idea
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Cut your losses. Cut your losses. Then maybe you have a chance
  • #132,351
  • Jun 21, 2022 11:15pm Jun 21, 2022 11:15pm
Quoting Alihelmy123
Usdcad4 hour No more than idea {image}eurjpy 4hour No more than idea {image}
USDCAD Jun22 H4 at Frankfurt Open

- COWABUNGA confirms TMS 5-Method setup ... gives more weight and confidence

- MACD above 0.0 level .. would be better when MACD crosses signal line
- Stock cross 0 level
- RSI(14) cross 50 level ... would be better when RSI(14) crosses MA(20)

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Jun22 H4 at FO 8am 22-6-2022 2-11-18 pm.png Size: 20 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #132,352
  • Jun 22, 2022 12:11am Jun 22, 2022 12:11am
US Markets Jun22 London to New York session

- sell, sell, sell

Attached Image (click to enlarge)
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- target last week' Low

Attached Image (click to enlarge)
Click to Enlarge Name: US Markets Jun22 Weekly target 22-6-2022 3-01-58 pm.png Size: 41 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #132,353
  • Edited 3:24am Jun 22, 2022 3:12am | Edited 3:24am
Quoting tommydoginti
{quote} Simple and straightforward trade. +42.6 pips. Previous lows were Higher Lows: Buy bias Previous High not yet retested: Expectation of price reaching 1.231 with high probability TDI bounce: signal to Enter buy Follow BigE’s Trading Made Simple. Analyse with #647 then follow TDI signals. If you need more indications you are making trading Complicated. Waste of time. trade well. {image}{image}
Simple trade.

Follow BigE’s Trading Made Simple rules

#647 and TDI

Trend: Ranging, with longer trend up
Highs/ Lows: retest previous HL of longer trend (support)
Rejection: strong and broke back above support

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  • #132,354
  • Jun 22, 2022 3:22am Jun 22, 2022 3:22am
Quoting havenoidea
{quote} Add short position {image}
Your first entry was okay.

just follow #647 and TDI.

the trend at your entry timeframe was down. You can notice your entry was first high retested and rejected after retesting previous LH.

Entry at TDI green cross red down for sell.

Second entry was not at any significant levels as of BigE’s TMS. Not testing previous H/L. Trend was also switched to up as of formation of HHHL.

I also see you didn’t have SL. Did you set it or used alert to safeguard your profit?

trade well
  • #132,355
  • Jun 22, 2022 8:51am Jun 22, 2022 8:51am
Today i took -75 pips it is good day because i got out quickly
Any trade i take only 1% percentage in my account it never hit it because i always go out when it get against me some pips it is different from time frame to another
But when get profit it always 1 or 2 or 3 %and some times more in strong trends
And this way help me a lot
Cut your losses. Cut your losses. Then maybe you have a chance
  • #132,356
  • Jun 22, 2022 4:57pm Jun 22, 2022 4:57pm
Quoting havenoidea
{quote} add more short position {image}
add more short position @.6269
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  • #132,357
  • Jun 22, 2022 4:59pm Jun 22, 2022 4:59pm
Quoting Alihelmy123
Today i took -75 pips it is good day because i got out quickly Any trade i take only 1% percentage in my account it never hit it because i always go out when it get against me some pips it is different from time frame to another But when get profit it always 1 or 2 or 3 %and some times more in strong trends And this way help me a lot
-75pips, it is no good Alihelmy
  • #132,358
  • Jun 22, 2022 5:23pm Jun 22, 2022 5:23pm
Quoting havenoidea
{quote} add more short position @.6269 {image}
Nice!

Indicators to show Average Entry Price and Breakeven Price Levels on your charts

For all of you who trade with multiple positions - entries and exits, attached are two indicators to show on your charts the Average Entry Price and the Breakeven Price of all your open positions.
Attached File(s)
File Type: mq4 Show_AverageEntryPrice AEP.mq4   8 KB | 663 downloads
File Type: mq4 Show_BreakevenLevel.mq4   4 KB | 673 downloads
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #132,359
  • Jun 22, 2022 5:48pm Jun 22, 2022 5:48pm
Quoting eelfranz
Alright Dogs.... the Big Dog is back.... Big E. Lets cut the BS and get back to the method I layed out originally. 2scoops... thanks for helping out and steering traders in the right direction. Thanks to others who have helped tooo... God knows I've needed the help. Let's get this thing fired up again.... {image}

Big E:

Alright Dogs.... the Big Dog is back.... Big E. Lets cut the BS and get back to the method I layed out originally.

....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #132,360
  • Jun 22, 2022 5:49pm Jun 22, 2022 5:49pm
Quoting eelfranz
Don't get fired ! Just make the necessary transition to trading 4hr charts during the London session... or Daily charts.

Big E:

Don't get fired ! Just make the necessary transition to trading 4hr charts during the London session... or Daily charts.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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