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Monitor for 'Trading Made Simple' system 565 replies

Trading Made Simple the right way, and other trading lessons 334 replies

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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

  • #134,201
  • Sep 4, 2022 7:56am Sep 4, 2022 7:56am
Quoting emmanuel7788
{quote} @khdir Here is another Phx62 post and chart. #12,014 https://www.forexfactory.com/thread/...56#post4989256 Make sure you rea his post then study his chart. His chart: Note the Stochastic(8,3,3) . Also note the TDI he use will update when the bar/candle closed. Study his trade entries. His charts posted are mostly refreshed so that TDI are all repainted. You need to observe the TDI in realtime live market. I think this is the better chart to start...

Trading Made Simple - Phx62 style

One of the important task is our as preparation for next week' trading is the events calendar.

Knowing the key news/data release next week, we pick the pairs affected and plan our trades around the time of the news/data.
Note, Phx62 trade mostly on H1 chart around news/data release and his entries are usually 15 minutes after the news/data released.

Pay attention to what he wrote in his posts and study his charts

I have setup my chart template below with the tools he used.

You will find most of Phx62' tools in his FF profile.

In case you have difficulties to find any of the tools I have on my chart, you can simply ask.


Attached Image (click to enlarge)
Click to Enlarge Name: EA H1 Phx62 4-9-2022 8-32-11 pm.png Size: 38 KB



Stay Tuned for the next important task.


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,202
  • Sep 4, 2022 8:05am Sep 4, 2022 8:05am
Quoting emmanuel7788
{quote} Trading Made Simple - Phx62 style One of the important task is our as preparation for next week' trading is the events calendar. Knowing the key news/data release next week, we pick the pairs affected and plan our trades around the time of the news/data. Note, Phx62 trade mostly on H1 chart around news/data release and his entries are usually 15 minutes after the news/data released. Pay attention to what he wrote in his posts and study his charts I have setup my chart template below with the tools he used. You will find most of Phx62' tools...

Average Daily Range ADR

check all pairs and pick only pairs with ADR above 120pips.

With this 120pips ADR, we can try target 50pips per trade and we will set the THV CaveManager for 50pips TP.

see Post#134,176 for the setfile
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,203
  • Sep 4, 2022 8:23am Sep 4, 2022 8:23am
Quoting lynnc
{quote}It was just an observation, each persons tolerance of risk is their own business.
And between your observation and Vincent's reply, it is clear that very few readers of this thread would be trading like that and in fact, few could withstand that level of drawdown.

This is another great example of exposing how he posts trade examples to fool others into having unrealistic expectations. Not to mention that the trades are placed and managed far, far from anything that BigE posted about the 5-method.

(For you folks that have read hardly any of the thread, BigE said he started this TMS thread to discuss ONLY his 5- method. But you see how Vincent willingly and happily violates this in order to trick and confuse you for his personal joy and amusement. )
To free Gazans of Hamas, use whatever it takes.
  • #134,204
  • Sep 4, 2022 8:34am Sep 4, 2022 8:34am
Quoting lynnc
{quote}I found one of those posts, which was definitely not a reply to someone else asking about phx62 you used one of his posts to show false (dodgy?) trades and this was after he had left the thread http://www.forexfactory.com/showthre...38#post8763238 so yes I too was surprised you are singing his praises now unless there is (dare I say it) a hint of sarcasm in your posts now about him.
Come on Lynn, you've been in this thread and read enough of Vincent's post to know that he twists things like a house sucked up in a tornado, and he waffles back and forth on a topic, championing it one week and the next week condemning it to the depths of Hell.

So really, no surprise at all when you find him talking up phx62's material one day and slamming it down the next.

Also, you have to keep in mind that he has posted that he has mental problems, so anyone in his right mind would be remiss in believing anything that he posts.
To free Gazans of Hamas, use whatever it takes.
  • #134,205
  • Sep 4, 2022 10:31am Sep 4, 2022 10:31am
The confusement of being a Karen:
>Post 134,171 There were no secrets in that post and chart.
>Post 134,187 he wants to know the secrets of Phx62 and I will show him here.

Conclusion: Only a Karen will know the difference between a secret post and a non-secret post.
  • #134,206
  • Sep 4, 2022 10:46am Sep 4, 2022 10:46am
Quoting emmanuel7788
{quote} OK. I see what you meant. You are missing something very important in MT4. - if the trade is taken in live market and the trade is closed as seen in the MT4 Account History then the drag-and-drop from the Account History on to the chart will show the entry and exit, including the SL and TP orders if these were placed in the MT4 terminal - but if the trades are managed using a trade manager EA for example MPTM, the exit SL and TP will not show in the MT4 terminal if stealth mode was in used. - another case would be if the trade is done using...
Vincent, why do you refer to a post in the Craig Harris Stochastics Method (Post# 3142 )

Totally ignoring Bige's Post 270 in this thread:
When I check my charts... I look to the TDI... then PA.
  • #134,207
  • Sep 4, 2022 11:09am Sep 4, 2022 11:09am
Quoting DrDave
{quote} And between your observation and Vincent's reply, it is clear that very few readers of this thread would be trading like that and in fact, few could withstand that level of drawdown. This is another great example of exposing how he posts trade examples to fool others into having unrealistic expectations. Not to mention that the trades are placed and managed far, far from anything that BigE posted about the 5-method. (For you folks that have read hardly any of the thread, BigE said he started this TMS thread to discuss ONLY his 5- method....
"This is another great example of exposing how he posts trade examples to fool others into having unrealistic expectations."
Readers only have to remember his response to a live running visible Trade Explorer with BigE's post > Proof, Proof, Proof............ about a week or two ago.
Boy Oh Boy this past week he made sure to post three wining trades over and over and over.
> Why refuse to link a TE in many post and all of a sudden post full disclose of three trades in multiple post's.

That rabbit hole Vincent is digging for other traders is dark and deep.
  • #134,208
  • Sep 4, 2022 2:02pm Sep 4, 2022 2:02pm
Hello, i've got a question. Eelfranz said that conservative traders could close the position when the tdi's green line goes flat, when the green line crosses the red line or when the green line does a sort of a tip at the opposite direction of the red line (don't confuse with a bounce, which is as far as i understood, is an entry point depending the angle of that bounce).
On the other hand, he said that more agressive traders could close the position when the green line crosses the red line, and only at this situation, then can close the trade.

What do you think about these 2 approaches. Which one gave you the most results. Thank you. I wanted to be clarified on this.
  • #134,209
  • Sep 4, 2022 4:08pm Sep 4, 2022 4:08pm
Quoting Djee75
Hello, i've got a question. Eelfranz said that conservative traders could close the position when the tdi's green line goes flat, when the green line crosses the red line or when the green line does a sort of a tip at the opposite direction of the red line (don't confuse with a bounce, which is as far as i understood, is an entry point depending the angle of that bounce). On the other hand, he said that more agressive traders could close the position when the green line crosses the red line, and only at this situation, then can close the trade....
the green line does a sort of a tip at the opposite direction >check mark
Post#133... has such a check mark chart.

Djee
BigE did not post anything about a aggressive exit. When he did used the word "aggressive" was how to enter a trade.

Which one gave you the most results?
#949............ When TDI goes flat you exit... stay in the trade if it's still positive making pips but if TDI goes flat, hooks over or check mark reversal... get out....
  • #134,210
  • Sep 4, 2022 6:12pm Sep 4, 2022 6:12pm
Quoting Tekkies
{quote} the green line does a sort of a tip at the opposite direction >check mark Post#133... has such a check mark chart. Djee BigE did not post anything about a aggressive exit. When he did used the word "aggressive" was how to enter a trade. Which one gave you the most results? #949............ When TDI goes flat you exit... stay in the trade if it's still positive making pips but if TDI goes flat, hooks over or check mark reversal... get out....

hey @FakeTMS Teacher

the market is open , stop porting garbage here

enough of your bullshit HOLY GRAIL TDI

post your realtime live market charts and show people here you can trade your HOLY GRAIL TDI.

Read your own stupid post Sep 15, 2016 post #71,385
Quoting Tekkies
TDI for me is the Holy Grail. My win rate is about 85 - 90% with with all rules applied. ..."
Big E in his posts did explain both aggressive entry and conservative exit, and conservative entry and aggressive ext.

However you are too stupid to understand anything in all his posts because of your selective reading and use of google word search.

If you had learned his conservative exit, you would NOT have held on to your M15 trade for 31 hours. How many times did your HOLY GRAIL TDI went flat and cross back over against your entry.


Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies TE M15 trade 31 hours 25-8-2022 9-09-27 pm.png Size: 64 KB

Thanks for another great laugh to start my trading week. We will be looking forward to the biggest laugh for this week and I am sure with you around we all will get that biggest laugh. Folks fasten your seatbelts and prevent falling off your seats.
Big laugh coming up SOON with @Tekkies impulsive and relentless garbage posts.

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,211
  • Sep 4, 2022 6:27pm Sep 4, 2022 6:27pm
Quoting Djee75
Hello, i've got a question. Eelfranz said that conservative traders could close the position when the tdi's green line goes flat, when the green line crosses the red line or when the green line does a sort of a tip at the opposite direction of the red line (don't confuse with a bounce, which is as far as i understood, is an entry point depending the angle of that bounce). On the other hand, he said that more agressive traders could close the position when the green line crosses the red line, and only at this situation, then can close the trade....
@Djee75

You are correct on the aggressive exit . That's in Post#7612

Both his 2 approaches are technically sound and will work out using his version of the TDI which is in Post#25.

The second approach which we understand as aggressive exit, will produce more pips definitely when we trade with single entry and single exit.

However, if we learn to lock-in the first single entry after breakeven , and add-on new positions progressively as the market moves in our favour, we will make more pips in that same setup and exit condition.

I developed TMS MEME money management based entries and exits to "Let Profits Run" to help me maximize profits.

Read my posts where I have posted many trades with charts to explain TMS MEME.


Attached Image (click to enlarge)
Click to Enlarge Name: Big E #7612 confusion.png Size: 68 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,212
  • Sep 4, 2022 6:49pm Sep 4, 2022 6:49pm
Quoting Djee75
Well i don't know how to monitor 28 major pairs, but since i'm a newbie to this method, i thought that maybe i won't get a lot of setup buy looking at the 8-9 pairs used by the op only, since we trade the 4-hours charts.
You will find enough 4hr trades in that 8-9 pairs during any week.
3 to 5 trades per week is good enough if you are not a fulltime trader.
But if you are a fulltime trader, then Post#557 and Post#7555 should be your daily objective.

There are 29 H4 candles in one week, if the swings run 3 to 8 candles, what is the market type conditions ? Is the market type condition wide range or narrow range?
If the swing is 3 - 8 candles, can you trade the 5th, 6th and the 7th candles? Give the 8th candle to the pigs.

What if the market type conditions is Trending, how many candle will the swing last?

Why did Big E use that 3 to 8 candles per swing?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,213
  • Sep 4, 2022 6:55pm Sep 4, 2022 6:55pm
Quoting emmanuel7788
{quote} Trading Made Simple - Phx62 style One of the important task is our as preparation for next week' trading is the events calendar. Knowing the key news/data release next week, we pick the pairs affected and plan our trades around the time of the news/data. Note, Phx62 trade mostly on H1 chart around news/data release and his entries are usually 15 minutes after the news/data released. Pay attention to what he wrote in his posts and study his charts I have setup my chart template below with the tools he used. You will find most of Phx62' tools...

Week 36 Sep 05 to 09

Calendar events

Knowing the key events we pick our pairs carefully and have our trade plan up-to-date

There are events which are not in FF Calendar ... you be careful!



Attached Image (click to enlarge)
Click to Enlarge Name: FF Calendar Sep05 to 09 4-9-2022 8-25-43 pm.png Size: 33 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,214
  • Sep 4, 2022 7:08pm Sep 4, 2022 7:08pm
Quoting emmanuel7788
{quote} hey @FakeTMS Teacher the market is open , stop porting garbage here enough of your bullshit HOLY GRAIL TDI post your realtime live market charts and show people here you can trade your HOLY GRAIL TDI. Read your own stupid post Sep 15, 2016 post #71,385 {quote} Big E in his posts did explain both aggressive entry and conservative exit, and conservative entry and aggressive ext. However you are too stupid to understand anything in all his posts because of your selective...
"post your realtime live market charts"

Say Vincent.
Why are you hiding your live running Trade Explore from public viewing?

After all a trader like you with so many wining trades every week, you would be proud to make such TE visible.

Stop posting bullshit Vincent Karen
  • #134,215
  • Sep 4, 2022 7:11pm Sep 4, 2022 7:11pm
Quoting emmanuel7788
{quote} hey @FakeTMS Teacher the market is open , stop porting garbage here enough of your bullshit HOLY GRAIL TDI post your realtime live market charts and show people here you can trade your HOLY GRAIL TDI. Read your own stupid post Sep 15, 2016 post #71,385 {quote} Big E in his posts did explain both aggressive entry and conservative exit, and conservative entry and aggressive ext. However you are too stupid to understand anything in all his posts because of your selective...
Don't post your assumption Vincent.
That post does not even have the word "aggressive" in it.
  • #134,216
  • Sep 4, 2022 7:14pm Sep 4, 2022 7:14pm
Quoting emmanuel7788
{quote} Week 36 Sep 05 to 09 Calendar events Knowing the key events we pick our pairs carefully and have our trade plan up-to-date There are events which are not in FF Calendar ... you be careful! {image}
Quoting emmanuel7788
{quote} Average Daily Range ADR check all pairs and pick only pairs with ADR above 120pips. With this 120pips ADR, we can try target 50pips per trade and we will set the THV CaveManager for 50pips TP. see Post#134,176 for the setfile
With the calendar events known and ADR information:

This week's trading Phx62 style:

EURAUD

GBPAUD

EURJPY
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,217
  • Sep 4, 2022 7:18pm Sep 4, 2022 7:18pm
Quoting Tekkies
{quote} "post your realtime live market charts" Say Vincent. Why are you hiding your live running Trade Explore from public viewing? After all a trader like you with so many wining trades every week, you would be proud to make such TE visible. Stop posting bullshit Vincent Karen

Hey @FakeTMS Teacher

You are asking for TE again ...

what happened to your 2018 TE?

My TE still there in this thread for public viewing

{ here } https://www.forexfactory.com/thread/...0#post11834080

TMS EVO is trading Big E 5-Method without the TDI for the first time in 2018


Attached Image (click to enlarge)
Click to Enlarge Name: VDM TMS EVO 2018.png Size: 82 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,218
  • Sep 4, 2022 7:23pm Sep 4, 2022 7:23pm
Quoting Tekkies
{quote} Don't post your assumption Vincent. That post does not even have the word "aggressive" in it.
@FakeTMS Teacher

Of course that Post#7612 did not have the word 'aggressive" in it.

Use that small brain of yours and learn as much as you smallish brain can absorb.

Big E posts on "use your brain" #309 # 261 ... do you want more?

Attached Image (click to enlarge)
Click to Enlarge Name: Big E #7612 confusion.png Size: 68 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,219
  • Edited 7:49pm Sep 4, 2022 7:29pm | Edited 7:49pm
I've placed my first 2 trades using the tms strategy. What do you guys think. All criticism is welcome.

The market fell down at the opening that's why i'm late on the eur chf. Got suprised by the gap.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2.png Size: 38 KB
Click to Enlarge Name: screenshot.png Size: 36 KB
  • #134,220
  • Sep 4, 2022 8:04pm Sep 4, 2022 8:04pm
Quoting Djee75
I've placed my first 2 trades using the tms strategy. What do you guys think. All criticism is welcome. The market fell down at the opening that's why i'm late on the eur chf. Got suprised by the gap. {image} {image}


What do I see?

- I see a Phx62 PCRF

- I do not see a 5bars swing high reversal ... until this current H4 is complete.

- I see recent price action sideways ranging to the UPSIDE at the moment , with higher high and higher low


Attached Image (click to enlarge)
Click to Enlarge Name: Djee75 ETH chart 5-9-2022 9-01-46 am.png Size: 21 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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