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Trading Made Simple

  • #132,801
  • Edited 6:07pm Jul 12, 2022 5:56pm | Edited 6:07pm
Quoting emmanuel7788
{quote} NASDAQ Jul 12 pre-NYO - nice! {image}
NASDAQ Jul 12 late New York session

- m10

- another nice setup... my favourite 5Bars Swing High reversal

- works in all timeframes

- +3R trade opportunity

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Click to Enlarge Name: ENG Jul 12 5bars swing high reversal 13-7-2022 6-40-06 am.png Size: 12 KB


zoom in to the chart:

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #132,802
  • Jul 12, 2022 6:14pm Jul 12, 2022 6:14pm
Quoting emmanuel7788
{quote} NASDAQ E-Mini Futures Jul11 New York Opening hours - a fast and furious opening - an a nice m2m3m5 setup - low risk trading idea with good R:R 1:3ish+ {image} - two trades, two kill... {image}

NASDAQ Jul12

- many setups and only took 5 trades

> exceeded my 20-trading-days cycle 10% profit of account balance

> only 4 trading days Profit $40,729

> learn to use SMART Money Management Strategy when trading with Big E' 5-Method.

> If Big E can make $500 to $1000 per evening with his USD10,000 account deposit you can make many times more with FTMO' $200,000.

> Big E' Post#557 and Post#7555


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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #132,803
  • Jul 12, 2022 6:25pm Jul 12, 2022 6:25pm
Quoting tommydoginti
{quote} Hi Emmanuel. Your analysis was really crappy. You have yet to learn BigE's Trading Made Simple method. Your "TMS" is Trading Made Sh__. {image} Read and study BigE's posts on Trading Made Simple, learn to use the simple price actions as of #647 and the TDI cross and bounce signals. Trade well. {image} {image} HHHL formation indicates a clean uptrend. BUY is the reasonable bias unless strong reason to trade countertrend. Only newbies would make such mistake
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hey @tommydog

GOTCHA!

there are no analysis for that chart. that post to to set you up just the market would set up most retail novice traders.

Read Big E' Post#1. He only trade H1 during the first 3 hours of the New York open session.

Did you take note of all his posts in FF? Did you learn why he only trade H1 during the New York open 1 to 3 hours?

If you have read, studied and learn why H1 during the first 3hours, then you would know the answer why that setup was the 'market' set up for newbie like you.

Be patient, wait for the EST 9:30am opening range not the New York EST 8:00am .

Between EST 8:00am and 10:00am, most TMS traders will be slaughtered like pigs.

Wait for the EST 9:30am to settle and then look for the most often MOMENTUM setups like these m1m2m3, m2m3m5, m2m3m15, if your trade LTF.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #132,804
  • Jul 12, 2022 6:44pm Jul 12, 2022 6:44pm
Quoting tommydoginti
{quote} Hi Emmanuel. Your analysis was really crappy. You have yet to learn BigE's Trading Made Simple method. Your "TMS" is Trading Made Sh__. {image} Read and study BigE's posts on Trading Made Simple, learn to use the simple price actions as of #647 and the TDI cross and bounce signals. Trade well. {image} {image} HHHL formation indicates a clean uptrend. BUY is the reasonable bias unless strong reason to trade countertrend. Only newbies would make such mistake

hey @tommydog

your hindsight analysis is perfect like any two-year old newbie.

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you missed my post ... 3R trade
https://www.forexfactory.com/thread/...4#post14062504

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #132,806
  • Jul 12, 2022 7:14pm Jul 12, 2022 7:14pm
Quoting emmanuel7788
Hidden

Average Price Bar Daily on LTF

If you trade the APB like Big E, then when you look at LTF charts, you can also see the APB of the higher TF like the Daily,

> will this help you?

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #132,807
  • Jul 12, 2022 7:43pm Jul 12, 2022 7:43pm
Trading Made Simple - US Markets Jul13 UPDATE:

Weekly chart TF shows us the Market Type we are in at the moment:

US30 DOW

- Weekly Control Candle WCC high-low

- we are in Sideways Ranging Market Type!

> adapt your trading system strategy to trade in this Market Type conditions.

> the trading methodology is the same, Big E' 5-Method

> what is your Money Management strategy for this Market Type?


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S&P 500

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NASDAQ

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #132,808
  • Jul 12, 2022 7:52pm Jul 12, 2022 7:52pm
Quoting emmanuel7788
Hidden

PMs Q&A

- another frequently asked question in the last few weeks:

Q. What is true reversal?

In Big E' 5-Method, he use the Stoch (8,3,3) from Craig Harris Stochastics Method to pick the True REVERSAL setups.

Then he use Dean Malone' original TDI 2006 (the same TDI in Post#25) to confirm the setup candle with RSI(13)/EMA(2) as the MOMENTUM signal.

The TIMING is when both the Stoch and TDI#25 show the MOMENTUM at his 10PM PDT 4hr candle and 2AM PDT 4hr candle for his TMS trade.

Trading Made Simple is just the title of this thread. The trading method is Big E' 5-Method. People here got this all wrong.

How to spot a True REVERSAL ?

- the best setups are when your have both the Stoch and RSI show 12-2 or 4-6 to confirm the MOMENTUM,

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You will read all about this in his old thread.

downloads { here } and { here } and { here } and { here }

and lots more in the old thread where TMS 5-Method started.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #132,809
  • Jul 12, 2022 8:28pm Jul 12, 2022 8:28pm
Maybe usdjpy long in a couple hours on the H4. It will 1 AM in my time zone (NY time)
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  • #132,811
  • Jul 12, 2022 11:07pm Jul 12, 2022 11:07pm
Quoting emmanuel7788
{quote} NASDAQ Jul 12 late New York session - m10 - another nice setup... my favourite 5Bars Swing High reversal - works in all timeframes - +3R trade opportunity {image} zoom in to the chart: {image}
Good Trade
MA provides the market's current direction and strength.
  • #132,812
  • Jul 12, 2022 11:08pm Jul 12, 2022 11:08pm
Quoting emmanuel7788
{quote} PMs Q&A - another frequently asked question in the last few weeks: Q. What is true reversal? In Big E' 5-Method, he use the Stoch (8,3,3) from Craig Harris Stochastics Method to pick the True REVERSAL setups. Then he use Dean Malone' original TDI 2006 (the same TDI in Post#25) to confirm the setup candle with RSI(13)/EMA(2) as the MOMENTUM signal. The TIMING is when both the Stoch and TDI#25 show the MOMENTUM at his 10PM PDT 4hr candle and 2AM PDT 4hr candle for his TMS trade. Trading Made Simple is just the title of this thread. The trading...

Good you are starting to learn BigE's Trading Made Simple

Follow BigE's #647
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Previous Highs and Lows is a very powerful tool

TDI green cross red is the king of TMS method


*Side note, FTMO does not provide this symbol for trading. Your chart is not a FTMO trade. When you post your trading performance, please post relevant trades
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Anyway, TMS traders would consider Buy during an uptrend until a major resistance.

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Long way to go for you. But after 30+ years of trading and >10 years in this TMS thread, it is a good start eventually.

Good luck
  • #132,813
  • Jul 12, 2022 11:10pm Jul 12, 2022 11:10pm
Quoting emmanuel7788
{quote} NASDAQ Jul12 - many setups and only took 5 trades > exceeded my 20-trading-days cycle 10% profit of account balance > only 4 trading days Profit $40,729 > learn to use SMART Money Management Strategy when trading with Big E' 5-Method. > If Big E can make $500 to $1000 per evening with his USD10,000 account deposit you can make many times more with FTMO' $200,000. > Big E' Post#557 and Post#7555...
Great result big brother. best wishes
MA provides the market's current direction and strength.
  • #132,814
  • Jul 12, 2022 11:54pm Jul 12, 2022 11:54pm
GU Jul 13 M15 Tokyo 13:45PM

- this post for newbie @tommydog to do his usual hindsight analysis hours later

> let's wait and see

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Click to Enlarge Name: GU Jul13 M15 Tokyo 1345PM 13-7-2022 12-50-31 pm.png Size: 11 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #132,815
  • Jul 12, 2022 11:58pm Jul 12, 2022 11:58pm
Quoting hasib
{quote} Great result big brother. best wishes

thank you.

just showing the newbie @tommydog that he still have a very long journey ahead. He has FEAR just when looking at his poor results with FTMO $200,000. He struggles with basic price action and not able to pick those best setups like Big E. Worst is he still does not understand what is low risk trading idea setups and Money Management and Risk to Reward of low risk trade setups.

you are doing well too ... making consistent

Trade Well and Stay Safe
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #132,816
  • Jul 13, 2022 6:48am Jul 13, 2022 6:48am
Audjpy4 hour i taken it before london open bounce trade
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Cut your losses. Cut your losses. Then maybe you have a chance
  • #132,817
  • Jul 13, 2022 8:22am Jul 13, 2022 8:22am
Quoting emmanuel7788
GU Jul 13 M15 Tokyo 13:45PM - this post for newbie @tommydog to do his usual hindsight analysis hours later > let's wait and see
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Keep posting, man--everyone likes a good daily laugh! Talk about looking like a noob--you claim 30 years of trading experience! ROFLMAO

That m15 sell TOTALLY blown up, as expected, with price not even reaching +1R before it was decimated.
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To free Gazans of Hamas, use whatever it takes.
  • #132,818
  • Jul 13, 2022 8:38am Jul 13, 2022 8:38am
I know Big 'E" closed all his trades at 8 am.

well, I decided to try trading those hours since my new candles open at 9, 1 and 5 for H4 chart.

So basically I have my alarm to check charts about 10-30 min before those new candles open.

I do find that my 9 am trades get totally chopped and bring down my win rate significantly. 9 pm however is a much different story.

I have to have discipline not to trade 9am because some set ups look just too good to pass on sometimes. to me it defies logic that I should not be able to trade these time - it is 24 hour market, so in my head doesn't make sense I can't take trade on a H4 signal that looks good but that is what it is.

So I am finding asian and London best times to trade - for most pips.

Do you find the same thing? is it just me?
  • #132,819
  • Jul 13, 2022 9:09am Jul 13, 2022 9:09am
AUDUSD short. USD is looking strong today. EUR & GBP look similar but are at/near long term support levels
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  • #132,820
  • Jul 13, 2022 11:42am Jul 13, 2022 11:42am
Quoting tommydoginti
{quote} Good you are starting to learn BigE's Trading Made Simple Follow BigE's #647 {image} Previous Highs and Lows is a very powerful tool TDI green cross red is the king of TMS method *Side note, FTMO does not provide this symbol for trading. Your chart is not a FTMO trade. When you post your trading performance, please post relevant trades {image} Anyway, TMS traders would consider Buy during an uptrend until a major resistance. {image}{image} Long way to go for you. But after 30+ years of trading and >10 years in this TMS thread, it is a good...
I was asked about the principle of BigE's Trading Made Simple

Rules are simple - Use simple Price Actions (e.g. #647) and TDI green and red lines.

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