Trading Made Simple | Page 6651 | 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

  • #133,001
  • Jul 18, 2022 8:00am Jul 18, 2022 8:00am
Quoting tommydoginti
{quote} Good start. AU Buy. BigE's Trading Made Simple #647 Higher Highs, Higher Lows = uptrend. TDI green cross red up signals entry. {image} {image} {image}

hey @tommydog

you already missed the last 5bars swing low.

Do Not chase after the market when you missed the best setup. Best setup will yield +3R trades if you use the 5bars swings ... its the Natural Flow of the Forex Market ... aka NFF reversal setup.

You are risking too much of your FTMO money trading 10 lots You must learn to use the margin account which you pay USD1000 fee for.

Attached Image (click to enlarge)
Click to Enlarge Name: AU H1 Jul18 missed swing low 18-7-2022 8-55-03 pm.png Size: 23 KB

Better spend more time and study Big E' charts and learn to spot the best setups with NFF reversal setup.

You need to have the patience of Job and Moses to help you trade better.

Attached Image (click to enlarge)
Click to Enlarge Name: Big E on patience Job and Moses.png Size: 4 KB


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #133,002
  • Jul 18, 2022 8:12am Jul 18, 2022 8:12am
Quoting tommydoginti
{quote} I can see you can easily cut your account from USD50,000 to USD1,000 You get lucky but eventually your trades without stoploss and averaging down will kill your account Be patient and discipline, one day you can recover and get back to break even. Don't be afraid to trade live accounts. After years of losing, you should either quit or trade live. Paper trading does you no good but wasting your time. You don't have confidence in your trading. But first you need to develop a sound risk management. That is why...

hey @tommydog

how many trades to make USD50,000?

~ 1000 trades to grow a $50k to $100k...

For those who wants to trade Big E' TMS, then these important posts #557 and #7555
You need to find those 3 to 6 setups every evening PDT 10PM, 2AM 4hr setups in Post#1 and only the 8 pairs - AUDUSD, EURUSD, GBPUSD, USDCAD, USDCHF, USDJPY, EURJPY, AUDJY and one more i.e. GBPJPY.... make it 9 pairs if you dare.


Attached Image (click to enlarge)
Click to Enlarge Name: TME MEME #59,061 equity 16-7-2022 9-33-37 am.png Size: 30 KB


You can go back and read my posst from 2015 to 2017.

Post#59,061

TMS MEME which started in 2015 will help you trade $10,000 and grow that to $50,000,

from $50,000 to $100,000 will need about 1,000 MEME trades.

from $100,000 to $200,000 will need another 1,000 MEME trades.

No need to pay FTMO USD1080 fee for a USD200,000 margin account.

It fun trading with own KEDGE account.

Study that Dr Van Tharp' Money Management Report and learn how to trade a USD50,000 account.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #133,003
  • Jul 18, 2022 8:24am Jul 18, 2022 8:24am
S&P500 Jul 18

- H1

Attached Image (click to enlarge)
Click to Enlarge Name: SP500 Jul18 H1 NYO1 18-7-2022 9-22-07 pm.png Size: 22 KB


The 5 Fundamental Truths of Trading by Mark Douglas

1. Anything can happen.

2. You don’t need to know what is going to happen next to make money.

3. There is a random distribution between wins and losses for any given set of
variables that define an edge.

4. An edge is nothing more than an indication of a higher probability of one thing
happening over another.

5. Every moment in the market is unique.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #133,004
  • Jul 18, 2022 9:54am Jul 18, 2022 9:54am
Quoting emmanuel7788
{quote} hey @tommydog you already missed the last 5bars swing low. Do Not chase after the market when you missed the best setup. Best setup will yield +3R trades if you use the 5bars swings ... its the Natural Flow of the Forex Market ... aka NFF reversal setup. You are risking too much of your FTMO money trading 10 lots You must learn to use the margin account which you pay USD1000 fee for. {image} Better spend more time and study Big E' charts and learn to spot the best setups with NFF reversal setup. You need to have the patience of Job and Moses...

Good, you are finally learning some basic trading knowledge.

Don't chase the price.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 110 KB


BigE's #49
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 11 KB
  • #133,005
  • Jul 18, 2022 10:01am Jul 18, 2022 10:01am
Quoting tommydoginti
{quote} Good start. AU Buy. BigE's Trading Made Simple #647 Higher Highs, Higher Lows = uptrend. TDI green cross red up signals entry. {image} {image} {image}
Some simple tips to decide when to trade continuation or reversal.

BigE's Trading Made Simple #647

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 18 KB

Key levels at previous highs / lows.

Price was quite some pips to reach previous High. Very safe to trade continuation.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 3 KB

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 22 KB
  • #133,006
  • Jul 18, 2022 10:19am Jul 18, 2022 10:19am
Quoting emmanuel7788
{quote} hey @tommydog you already missed the last 5bars swing low. Do Not chase after the market when you missed the best setup. Best setup will yield +3R trades if you use the 5bars swings ... its the Natural Flow of the Forex Market ... aka NFF reversal setup. You are risking too much of your FTMO money trading 10 lots You must learn to use the margin account which you pay USD1000 fee for. {image} Better spend more time and study Big E' charts and learn to spot the best setups with NFF reversal setup. You need to have the patience of Job and Moses...

Hi Emmanuel,

"Best setup will yield +3R trades if you use the 5bars swings".
The TDI green cross red signal also marked the good entry. You are just using other approaches to describe the TDI cross signals.

You are making trading Complicated. Waste of time and effort.


Just follow BigE's #647 simple Price Action, then follow the TDI signals.

=====

Your ignorance is also making yourself look stupid.

Are you simpleton or what? I have explained, and it is also a term from FTMO, the fee is refunded upon the first profit split. FTMO funded traders are trading the accounts without paying a cent nor risking their own money. However, it is only for those who can really trade. That is why you can only trade the 14-day free trial. LOL.

You know nothing about risk. I am risking a low % risk per trade. For example, if I was to risk 1% of my $200,000 account, which is $2,000, and my stoploss is 20pips, the position size would be 10 full lots.

That is something you are incapable to manage. As a result, when you lose, you lose big and blow accounts. Doesn't matter how much you make short term, you lose money in long term.

Learn some basic forex knowledge and trade well.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 208 KB
  • #133,007
  • Jul 18, 2022 12:14pm Jul 18, 2022 12:14pm
Quoting emmanuel7788
{quote} very nice and simple price action trade .... +3R no need to use TDI {image}

may I ask the purpose of fractals?

thanks in advance
  • #133,008
  • Jul 18, 2022 12:40pm Jul 18, 2022 12:40pm
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20220718_233841.jpg Size: 373 KB
MA provides the market's current direction and strength.
  • #133,009
  • Jul 18, 2022 6:34pm Jul 18, 2022 6:34pm
Quoting kenergy1
{quote} may I ask the purpose of fractals? thanks in advance
Big E use the standard Bill Williams Fractals on his charts to help him see the Natural Flow of the Forex Market in his old thread.
It was in fact that taught by Craig Harris in his NFF trading methodology in those tutorial videos in the old thread. Post#13 to #21.

With the fractal, you must see the completion of a 5-bars or candles to confirm that fractal, then looking at the 5th bar close for a True REVERSAL candle in that 5-bars.

Always check the 5-bars fractal, if bar#5 closed above/below bar#1, then in most cases that is a valid setup. The size of the 5 bars matters a lot when we pick the setups and trade entry.

All these must meet those conditions Big E wrote in his Post#261 which is the core basics of TMS 5-Method using both Stoch and TDI.

The example I posted before:

Attached Image (click to enlarge)
Click to Enlarge Name: True REVERSAL example2.png Size: 83 KB

without using any fractal indicators, trader must be able to see the price action and its swing highs / swing lows.
trader like Phx62, shared many of his trades which he see 3bar fractal ... he look for his PCRF reversal candle setups which are 3 bars pattern.

Master Candles are also candles with fractals. Master Candles are range bound price consolidation.

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #133,010
  • Jul 18, 2022 6:44pm Jul 18, 2022 6:44pm
Quoting tommydoginti
{quote} Hi Emmanuel, "Best setup will yield +3R trades if you use the 5bars swings". The TDI green cross red signal also marked the good entry. You are just using other approaches to describe the TDI cross signals. You are making trading Complicated. Waste of time and effort. Just follow BigE's #647 simple Price Action, then follow the TDI signals. ===== Your ignorance is also making yourself look stupid. Are you simpleton or what? I have explained, and it is also a term from FTMO, the fee is refunded upon the first profit split. FTMO funded traders...

LOL. @tommydog aka @FakeTMSGuru

You are now elevated from @FakeTMSTrader to @FakeTMSGuru

@tommydog wrote: "The TDI green cross red signal also marked the good entry. You are just using other approaches to describe the TDI cross signals."

TDI is still your learning wheel to learn to trade Big E' 5-Method.
That's okay for you a 2year old newbie trader. You need to be patient and a few more years realtime live trading will help you overcome that FEAR.
All TMS traders start with the use of learning wheels or what big say considered his helping indicator back in 2009 ... read Post#202 "using the TDI as a helping indicator ".

Big E have said many times, for his 5-Method,

you can trade without the TDI

#3044 Jan 20, 2011

#3103 Jan 26, 2011

#3418 Feb 12, 2011

#2617 May 16, 2011

#296 Nov 4, 2008

Good Luck!


Attached Image (click to enlarge)
Click to Enlarge Name: GJ Jul 18 3R trade 18-7-2022 8-42-01 pm.png Size: 21 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #133,011
  • Jul 18, 2022 6:58pm Jul 18, 2022 6:58pm
Quoting tommydoginti
{quote} Hi Emmanuel, "Best setup will yield +3R trades if you use the 5bars swings". The TDI green cross red signal also marked the good entry. You are just using other approaches to describe the TDI cross signals. You are making trading Complicated. Waste of time and effort. Just follow BigE's #647 simple Price Action, then follow the TDI signals. ===== Your ignorance is also making yourself look stupid. Are you simpleton or what? I have explained, and it is also a term from FTMO, the fee is refunded upon the first profit split. FTMO funded traders...

@tommydog aka @FakeTMSGuru

Your ignorance is makes you look really stupid in this thread. This thread is for intermediate+ level traders. Big E' Post#3805.
You are still that same 2year old newbie trying very hard to prove something and nothing.

You are a simpleton when it comes to trading margin account. You pay USD1080 and get a trading margin of USD200,000. You are gambling with USD1080 which is your day job salary. You have FEAR. ... and GREED.

No need to explained what FTMO offers are. You should check FTMO business model and in fact all prop firms have their business model. The objectives is to make money from the financial market. PERIOD.
I get funded accounts without paying any fee.... not one single dollar. This week I got any funded account ... my number 7th funded account. My profit share 'split' is 60:40 and also the losses are 'split' 60:40.
No need for 14-days free trial nonsense. No need for passing verification stages whatsoever. All the fund providers wants to see is a Trading Business Plan and Track Record. That's all matters.

Do you get it, idiot?

Study that Dr Van Tharp Money Management Report and learn what is real money management.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #133,012
  • Jul 18, 2022 7:02pm Jul 18, 2022 7:02pm
Quoting emmanuel7788
S&P500 Jul 18 - H1 {image} The 5 Fundamental Truths of Trading by Mark Douglas 1. Anything can happen. 2. You don’t need to know what is going to happen next to make money. 3. There is a random distribution between wins and losses for any given set of variables that define an edge. 4. An edge is nothing more than an indication of a higher probability of one thing happening over another. 5. Every moment in the market is unique.
Attached Image (click to enlarge)
Click to Enlarge Name: SP500 Jul18 H1 NYO1 18-7-2022 9-22-07 pm.png Size: 22 KB

S&P500

- H1 trade closed.

+1.3R

> missed the 3R

> but that okay I have other trades to make up my daily average target.

> no need to FTMO trading margin. Just trade with my own previous week's profits. It's all Free Trades this week... re-invest banked-in profits.


Attached Image (click to enlarge)
Click to Enlarge Name: SP500 Jul18 H1 sell NYO trade closed 19-7-2022 7-12-23 am.png Size: 36 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #133,013
  • Jul 18, 2022 7:24pm Jul 18, 2022 7:24pm
Quoting tommydoginti
{quote} {image} GU quick scalp. Closed at short term range high Buy. +2.2R Add small lot at range low as momentum kicked in with a TDI bounce Simply following BigE's Trading Made Simple. Simple entry and exit rules Considering the few elements instructed by BigE. Enough to made decision for the trade with high odds of winning. 1. TDI green red line (#647 PA analysis) 2. Previous High/Low 3. Rejection at previous High/Low 4. Trend, long and short term 1. Cross 2. Previous low...
#How to spot fake trades series#

by a charlatan @fakeTMSGuru

Attached Image (click to enlarge)
Click to Enlarge Name: tommydog #124,219 19-7-2022 8-17-36 am.png Size: 61 KB


its so simple:

just drag-and-drop from MT4 terminal,

Inserted Video





...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #133,014
  • Jul 18, 2022 7:29pm Jul 18, 2022 7:29pm
Quoting emmanuel7788
{quote} S&P500 - H1 trade closed. +1.3R > missed the 3R > but that okay I have other trades to make up my daily average target. > no need to FTMO trading margin. Just trade with my own previous week's profits. It's all Free Trades this week... re-invest banked-in profits. {image} {image}

S&P500 Jul 19

- H1

- we have a swing low, but

- the bar1 of this current swing low is very high above, what shall we wait for?

at Tokyo 9:30am, it wil take a few hours more till I see my type of trade setup

unless of course I can also play with AEP entries using m5

Attached Image (click to enlarge)
Click to Enlarge Name: SP500 Jul19 H1 TOK 930am 19-7-2022 8-26-05 am.png Size: 23 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #133,015
  • Edited Jul 19, 2022 12:09am Jul 18, 2022 10:04pm | Edited Jul 19, 2022 12:09am
Quoting tommydoginti
{quote} Some simple tips to decide when to trade continuation or reversal. BigE's Trading Made Simple #647 {image} Key levels at previous highs / lows. Price was quite some pips to reach previous High. Very safe to trade continuation. {image} {image}
Asian session trades

GU sell pull back and then AU buy continuation.

Look at where price is compared to previous highs and lows.

Then simply follow TDI cross.



Attached Image (click to enlarge)
Click to Enlarge Name: 42B9FF83-5287-4802-ADF0-9A7DE3D264B4.jpeg Size: 139 KB
Attached Image (click to enlarge)
Click to Enlarge Name: 9A6607ED-305B-4A1D-9783-A385B1ED395A.jpeg Size: 129 KB

GU sell
Attached Image (click to enlarge)
Click to Enlarge Name: D7B440BC-CA83-45B3-8DF5-F2B30D2E76B1.png Size: 50 KB

price made lower low. Switch to Buy
Attached Image (click to enlarge)
Click to Enlarge Name: 1549F929-5985-4A48-AC9F-178A9E040722.jpeg Size: 745 KB
  • #133,016
  • Jul 18, 2022 11:46pm Jul 18, 2022 11:46pm
Quoting emmanuel7788
{quote} hey @tommydog you already missed the last 5bars swing low. Do Not chase after the market when you missed the best setup. Best setup will yield +3R trades if you use the 5bars swings ... its the Natural Flow of the Forex Market ... aka NFF reversal setup. You are risking too much of your FTMO money trading 10 lots You must learn to use the margin account which you pay USD1000 fee for. {image} Better spend more time and study Big E' charts and learn to spot the best setups with NFF reversal setup. You need to have the patience of Job and Moses...
your using 2 Ma one is 5EMA shift 2, what is another MA value?
MA provides the market's current direction and strength.
  • #133,017
  • Jul 19, 2022 4:08am Jul 19, 2022 4:08am
USDJPY4 HOUR
Attached Image (click to enlarge)
Click to Enlarge Name: usd jpy 19.PNG Size: 7 KB
Attached Image (click to enlarge)
Click to Enlarge Name: usd jpy 4 hour19.PNG Size: 13 KB
BOUNCE TRADE
USDJPY 1HOUR RANGE BROKEN
Attached Image (click to enlarge)
Click to Enlarge Name: usd jpy 1 hour 19.PNG Size: 5 KB

NO MORE THAN IDEA
Cut your losses. Cut your losses. Then maybe you have a chance
  • #133,018
  • Jul 19, 2022 4:25am Jul 19, 2022 4:25am
Quoting Alihelmy123
usdchf weekly pinbar{image} usdchf daily{image}{image} Usdchf 4hour double top broken {image}
+65 PIP TILL NOW
Cut your losses. Cut your losses. Then maybe you have a chance
  • #133,019
  • Jul 19, 2022 10:02am Jul 19, 2022 10:02am
Quoting tommydoginti
{quote} Asian session trades GU sell pull back and then AU buy continuation. Look at where price is compared to previous highs and lows. Then simply follow TDI cross. {image}{image} GU sell {image} price made lower low. Switch to Buy {image}
Day 2 done with +1.8%

Objective is stay in green trading less risk, and take profit as much as market gives.

Follow BigE's Trading Made Simple.

#647
Previous Highs and Lows

TDI green cross red

Simple rules with high accuracy. Trades stay in profit zone in winning trades, and also in cases where price goes against, there is room to trail stoploss.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 6 KB

Attached Image (click to enlarge)
Click to Enlarge Name: 913A8AB2-393B-441B-B422-18EB7A71D293.png Size: 52 KB
  • #133,020
  • Jul 19, 2022 10:03am Jul 19, 2022 10:03am
Quoting emmanuel7788
{quote} not only you will lose $1000. many traders here lose their money to prop firms thinking they can make money like the OP of this Trading Made Simple thread. the long time loser here is @tommydog but he has his day job which pay him a monthly salary and he can pay his $1000 to his FTMO to trade their USD200,000. I have moved on to trade like Big E according to his Post#2617 after spending time studying Big E posts and charts and finally do what he did ... that is get rid of the lagging TDI and trade Big E' original 5-Method. It time for you...
Can you please give a link where can i find Big E' original 5-Method ?
50 traders viewing now