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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

  • #133,201
  • Jul 28, 2022 12:04am Jul 28, 2022 12:04am
Quoting khidir
Hi Guys Is anyone still following Eelfranz original method or has there been an updated version since the original ....I haven't been here for years 6660 pages WOW thanks James

Quoting llonigro
Hi Guys Is anyone still following Eelfranz original method or has there been an updated version since the original ....I haven't been here for years 6660 pages WOW thanks James Thank you for bringing this up. I also am interested to know.

It is now the 4hr Pacific 10pm EST 1am

Do you see any 4hr setups now?

TMS Monitor Jul 28 PDT 10pm Est 1am

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>>> after last night' FOMC big candle, it is FEAR and GREED.

- Kiwi H4

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #133,202
  • Jul 28, 2022 12:09am Jul 28, 2022 12:09am
Quoting emmanuel7788
{quote} {quote} It is now the 4hr Pacific 10pm EST 1am Do you see any 4hr setups now? TMS Monitor Jul 28 PDT 10pm Est 1am {image} >>> after last night' FOMC big candle, it is FEAR and GREED. - Kiwi H4 {image}

UJ Jul28 EST 1am

- obvious right?

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #133,203
  • Jul 28, 2022 1:07am Jul 28, 2022 1:07am
Quoting emmanuel7788
{quote} If you have the trading skills and the discpline, you follow eelfranz' Post#1 and trade the 4hr at EST 1am and 5am (PDT 10pm and 2am) you will get some good trades every day and make $500 to $1000 per day. I hate trading 5min-15min-30min charts. Why? You have to monitor each trade from beginning to end and hope and pray you made a correct entry. I only trade 1hr charts during the the 1st 3 hours of the USA OPEN and 4hr trades at night. I check for set ups at 10pm...
Hey Emmanuel, thank you for your reply I was looking at this system years and years ago and just had another look today. A question to you, the Eelfranz first posting have you found what he said to be true ? I know you have been on here for years actually I thought way back then you said you were going to cease posting, obviously not or maybe you did and your back or maybe you didn't go anywhere ?

Thanks James
  • #133,204
  • Jul 28, 2022 1:09am Jul 28, 2022 1:09am
Quoting emmanuel7788
{quote} {quote} It is now the 4hr Pacific 10pm EST 1am Do you see any 4hr setups now? TMS Monitor Jul 28 PDT 10pm Est 1am {image} >>> after last night' FOMC big candle, it is FEAR and GREED. - Kiwi H4 {image}

NU Jul 28 M5 entry at Frankfurt Open

- low risk entry m5

Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #133,205
  • Jul 28, 2022 1:11am Jul 28, 2022 1:11am
Quoting emmanuel7788
{quote} UJ Jul28 EST 1am - obvious right? {image}

UJ Jul 28 M5 entry

- once you have decided to sell, you can pick any M5 entry

Attached Image (click to enlarge)
Click to Enlarge Name: UJ Jul28 M5 entry 28-7-2022 1-31-39 pm.png Size: 33 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #133,206
  • Jul 28, 2022 1:16am Jul 28, 2022 1:16am
Quoting khidir
Hi Guys Is anyone still following Eelfranz original method or has there been an updated version since the original ....I haven't been here for years 6660 pages WOW thanks James
Please elaborate a little bit what you meant by "original"
  • #133,207
  • Edited 2:05am Jul 28, 2022 1:51am | Edited 2:05am
Quoting emmanuel7788
{quote} there were a few good years ... 2002, 2009, 2010-2013, ... and now it is %&^**() {image}
I have a question Emmanuel about EUR/JPY and monthly resistance. At this very moment, EUR/JPY it is at monthly resistance. But the monthly resistance has bullish volume. The blue lined channel on M5 timeframe is compressed. Could this be a potential short trade that made it on your watchlist?

Another general question I have is: For trade planning do you use tradingview? Because I find it easier to sort my favorised currencies in tradingview rather than in MT4. In tradingview I can put my favorised currencies at the top or even create a watchlist. Thanks for reading.
  • #133,208
  • Jul 28, 2022 2:27am Jul 28, 2022 2:27am
Quoting jpntrader
{quote} Please elaborate a little bit what you meant by "original"
Hi
I am referring to
Eelfranz posts who started this thread, he keeps the system that he used, without any added indicators etc over time people have complicated something that was meant to be SIMPLE ?

James
  • #133,209
  • Jul 28, 2022 3:43am Jul 28, 2022 3:43am
Quoting emmanuel7788
{quote} {quote} It is now the 4hr Pacific 10pm EST 1am Do you see any 4hr setups now? TMS Monitor Jul 28 PDT 10pm Est 1am {image} >>> after last night' FOMC big candle, it is FEAR and GREED. - Kiwi H4 {image}
Hi I guess you answered my question by not answering I will go and find out about the TMS moniter so I will be able to respond to your question?
  • #133,210
  • Jul 28, 2022 3:56am Jul 28, 2022 3:56am
Quoting khidir
{quote} Hi I am referring to Eelfranz posts who started this thread, he keeps the system that he used, without any added indicators etc over time people have complicated something that was meant to be SIMPLE ? James
Aah. Yes yes.
Well, Eric (Eelfranz) himself ended up evolving and figured out the two EMA methods.

One of the reason Eric felt that this system is "simple" is because he was instinctively able to distinguish good market condition from the bad (through years of learning).

In terms of things you put on your chart, actually I am doing the original way.
Only stoch - TDI - 5 EMA on my heikin ashi chart.

But the way I do the trade, is the one that's different. I only aim for 10 pips per trade (15 pips to cover up the commissions).
  • #133,211
  • Jul 28, 2022 4:11am Jul 28, 2022 4:11am
Quoting jpntrader
{quote} Aah. Yes yes. Well, Eric (Eelfranz) himself ended up evolving and figured out the two EMA methods. One of the reason Eric felt that this system is "simple" is because he was instinctively able to distinguish good market condition from the bad (through years of learning). In terms of things you put on your chart, actually I am doing the original way. Only stoch - TDI - 5 EMA on my heikin ashi chart. But the way I do the trade, is the one that's different. I only aim for 10 pips per trade (15 pips to cover up the commissions).
Hi and if you don't mind me asking how is your trading going overall ?

Thanks James
  • #133,212
  • Jul 28, 2022 4:27am Jul 28, 2022 4:27am
Quoting khidir
{quote} Hi and if you don't mind me asking how is your trading going overall ? Thanks James
This is one account that I'm using to trade full lot with (just like Eelfranz did).

This is from Monday (July 25) to Wednesday (July 27). Didn't get any entry signal today.

15 pips of profit should be around $150-ish per trade but I managed aggressively during the first few trades. This is the first week I converted fully into this system so confidence is still not 100% yet.

RR is not even 1:1 with my version of this system but the winning rate is awesome
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  • #133,213
  • Jul 28, 2022 4:32am Jul 28, 2022 4:32am
Quoting jpntrader
{quote} Aah. Yes yes. Well, Eric (Eelfranz) himself ended up evolving and figured out the two EMA methods. One of the reason Eric felt that this system is "simple" is because he was instinctively able to distinguish good market condition from the bad (through years of learning). In terms of things you put on your chart, actually I am doing the original way. Only stoch - TDI - 5 EMA on my heikin ashi chart. But the way I do the trade, is the one that's different. I only aim for 10 pips per trade (15 pips to cover up the commissions).
Hi Mate, What Time frame you using? is this the correct 10pips measure? The # in the middle?
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  • #133,214
  • Jul 28, 2022 4:35am Jul 28, 2022 4:35am
Quoting jpntrader
{quote} This is one account that I'm using to trade full lot with (just like Eelfranz did). This is from Monday (July 25) to Wednesday (July 27). Didn't get any entry signal today. 15 pips of profit should be around $150-ish per trade but I managed aggressively during the first few trades. This is the first week I converted fully into this system so confidence is still not 100% yet. RR is not even 1:1 with my version of this system but the winning rate is awesome {image}

Can you kindly share your strategy indicators and settings and on which timeframe you are using it?
Would be very helpful...

Thanks in advance.
  • #133,215
  • Edited 5:26am Jul 28, 2022 4:36am | Edited 5:26am
Quoting khidir
Hi Guys Is anyone still following Eelfranz original method or has there been an updated version since the original ....I haven't been here for years 6660 pages WOW thanks James
No, no one that posts regularly is following the original 5-method as BigE presnted it in this thread. The closest to it is tommydoginti's trades and analyses: Read all of his posts.

And don't be fooled by Vincent (TheToxicFakeTrader emmanuel7788) when he says that he follows it. Read what he posts and check against what BigE wrote and see for yourself. Just examples:

BigE said absolutely no EAs to be used and are not to be discussed in this thread. Read for yourself how many posts Vincent has discussing EAs.

BigE said this thread is to discuss ONLY his 5-method--nothing else!! No other methods, no other indicators. . follow the simple entry & exit rules. Forget other indicators. I went down those roads so you wouldn't have too...
Read for yourself how Vincent discusses a myriad of other systems and adds other indicators. How about just today where he posts about Medhi343's method? And also today, how about his claim to be trading the original 5-method since 2018?? LOL. Look at tommydoginit's posts and note the screen captures of Vincent destroying his accounts. Destroyed accounts do not happen for those that actually trade the 5-method, because you are out of a trade LONG before it wipes out your account. Plus, the 5-method does not call for adding on MORE positions when the open ones are far in the red. But again, read for yourself and see how Vincent does this over-and-over again.

So, if you REALLY want to learn the 5-method as BigE presented it, then start with post #1 and actually MAKE A COMMITMENT to learning it by reading ALL of the posts in the thread. Even BigE said READ ALL OF THE POSTS before asking questions. Of course, no harm in putting on your filter to skip over the OBVIOUS ones that are simply rants and tirades against other members, and all of the ones that are just for daily laughs.

If you think that there are too many posts or that there must be some shortcut (like the PDF compilations of BigE's posts), then it is HIGHLY unlikely that you have what it takes to be a successful trader, so don't waste any more of your time with pursuing trading.
To free Gazans of Hamas, use whatever it takes.
  • #133,216
  • Jul 28, 2022 4:41am Jul 28, 2022 4:41am
Quoting romwil21
{quote} Hi Mate, What Time frame you using? is this the correct 10pips measure? The # in the middle? {image}
I enter on 1h, so I just need to check the chart once every hour (I am working mostly from home so I am able to do it).
Also about the correct measurement on your screen.. I don't think I understand that, I'm sorry.
I do the charting and measure the pips on Tradingview using the "measure" tool (the ruler tool), then execute on my phone.
  • #133,217
  • Jul 28, 2022 4:46am Jul 28, 2022 4:46am
Quoting khidir
{quote} Hey Emmanuel, thank you for your reply I was looking at this system years and years ago and just had another look today. A question to you, the Eelfranz first posting have you found what he said to be true ? I know you have been on here for years actually I thought way back then you said you were going to cease posting, obviously not or maybe you did and your back or maybe you didn't go anywhere ? Thanks James
Vincent didn't go anywhere because he has nowhere else to go: ForexFactory is his world and the TMS thread is his home.

He did step back a bit on the several occasions of blowing his accounts, trying desperately to find a solution by adding more things to the 5-method. and of course, exactly as BigE said would happen, adding things will be detrimental to your success. Even today, with all of his added perversions he achieves an abysmal 65% average success rate (That is the BEGGINNER'S success rate, per BigE) after over 10 YEARS of trying to figure it out.

And if he stops posting, it means he is incapacitated to such a degree that he no longer has the physical or mental ability to be able to post. Remember, TMS is his home, not just some past-time.
To free Gazans of Hamas, use whatever it takes.
  • #133,218
  • Jul 28, 2022 4:50am Jul 28, 2022 4:50am
Quoting Luciano26
{quote} Can you kindly share your strategy indicators and settings and on which timeframe you are using it? Would be very helpful... Thanks in advance.
My time frame is 1h so I just have to check the chart once every hour.

As I said before, indicators and their settings are exactly the one that Eelfranz used. I don't add anything else.
But please don't follow the indicator blindly. You need basic market structure knowledge and support resistance to be able to judge whether you are going to take the trade or not, because not every EMA or TDI cross means you can trade right away.

Tommydog gave me the above advice.
Also Emmanuel gave me insights on support resistances, and other related threads in forexfactory such as https://www.forexfactory.com/thread/...ree-tdi-system
DrDave was the one that originally had the idea of achieving 10 pips a day back in 2011. He gave me advice on this 10-pips system as well.
  • #133,219
  • Jul 28, 2022 4:59am Jul 28, 2022 4:59am
Quoting jpntrader
{quote} My time frame is 1h so I just have to check the chart once every hour. As I said before, indicators and their settings are exactly the one that Eelfranz used. I don't add anything else. But please don't follow the indicator blindly. You need basic market structure knowledge and support resistance to be able to judge whether you are going to take the trade or not, because not every EMA or TDI cross means you can trade right away. Tommydog gave me the above advice. Also Emmanuel gave me insights on support resistances, and other related threads...
Thank you very much for your quick reply.

Have a wonderful day.

Greetings,
Luciano26
  • #133,220
  • Jul 28, 2022 5:16am Jul 28, 2022 5:16am
Quoting khidir
{quote} Hi I am referring to Eelfranz posts who started this thread, he keeps the system that he used, without any added indicators etc over time people have complicated something that was meant to be SIMPLE ? James
he [BigE] keeps the system that he used, without any added indicators etc over time people have complicated something that was meant to be SIMPLE

You nailed it!
To free Gazans of Hamas, use whatever it takes.
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