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Trading Made Simple

  • #134,581
  • Oct 5, 2022 7:20pm Oct 5, 2022 7:20pm
EU H4 Oct06 Tokyo 9am

- mid-week and this week's high is there .. is this set now?

- I wait for this bar/candle to Close and make my decision


Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,582
  • Oct 5, 2022 8:30pm Oct 5, 2022 8:30pm
Quoting emmanuel7788
EU H4 Oct06 Tokyo 9am - mid-week and this week's high is there .. is this set now? - I wait for this bar/candle to Close and make my decision {image} ...

EU H4 Oct06 Tokyo 10am

- a breakout of the Inside Bar... but has risks!



Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,583
  • Oct 5, 2022 8:35pm Oct 5, 2022 8:35pm
XAUUSD H4 Oct06 Tokyo 10am

- the first 4hr of today, do you trade this hour?

- the HA candle close above its 5EMA

- 5EMA is the direction

- Price Action a swing low will be confirm with another bar/candle but you must be careful with the swing highs this week already formed... can be broken if the market is bullish today



Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,584
  • Oct 5, 2022 8:48pm Oct 5, 2022 8:48pm
S&P500 Oct 05

- target area

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,585
  • Oct 6, 2022 3:03pm Oct 6, 2022 3:03pm
Happy weak for all wish green pips for all with this great system
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  • #134,586
  • Oct 6, 2022 8:55pm Oct 6, 2022 8:55pm
Quoting emmanuel7788
{quote} you can consider the COWABUNGA approach and make some simple changes to it and create a new trading system of your own. give it a proper name and not trading made simple .... old post here: https://www.forexfactory.com/thread/...55#post8474455 {image}

COWABUNGA approach to Trading Made Simple

this week' ongoing discussion in one Telegram group on how to filter the 5-Method trade setups and help pick the 'best setups' and trade like Big E.

Here is that same flowchart again.
You can test this approach using the RSI(14) default (instead of TDI) + Stoch(8,3,3) and MACD(12,26,9) default.
The APB/HA candles and 5EMA Typical Price, Shift+2 remains the same.
Follow your own trading hours, for example if you trade the European/London sessions then follow the 4hr chart as your primary timeframe and trade H1 and M15.
***Important here is the Price Action and what you see with the HA candles and its 5EMA as the direction Post#261.
Learn to pick the PA swings - swing highs and swing lows. Follow the price Fractals.


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,587
  • Oct 6, 2022 9:02pm Oct 6, 2022 9:02pm
Quoting Wael226619
Happy weak for all wish green pips for all with this great system {image} {image} {image}


Is your confidence growing?

Work on your Exit strategy to maximize profits and to grow your account,

and also work on your Money Management strategy.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,588
  • Oct 6, 2022 9:11pm Oct 6, 2022 9:11pm
Quoting emmanuel7788
{quote} EU H4 Oct06 Tokyo 10am - a breakout of the Inside Bar... but has risks! {image}

did you wait for the European session? 100pips move

check your Weekly chart and the overall market type conditions and know the market type you are in and manage risks!


EU Oct06 H4 review


Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,589
  • Oct 6, 2022 9:22pm Oct 6, 2022 9:22pm
Quoting emmanuel7788
XAUUSD H4 Oct06 Tokyo 10am - the first 4hr of today, do you trade this hour? - the HA candle close above its 5EMA - 5EMA is the direction - Price Action a swing low will be confirm with another bar/candle but you must be careful with the swing highs this week already formed... can be broken if the market is bullish today {image} ...

XAUUSD Oct 07 review the week

- the H4 swings are getting smaller in range, what do these tell you?

> Daily is sideways and narrow range, if your turn-on your Daily candle you will see better ... Double Inside Bar Daily candles

> has the Weekly market type conditions changed? You can confirm this when NY Close today.

Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,590
  • Oct 9, 2022 6:53pm Oct 9, 2022 6:53pm
GU New York Close Friday Oct 07

- market type is sideways wide range

Attached Image (click to enlarge)
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TMS 5-Method

- note the Stoch(8,3,3) is below 30-level and can stay below 30-level if the down trend is strong, but look at the price action if there is correction and small candles which can bring the Stoch back to it 50-level. Study previous price action and the Stoch.

- check the RSI(14) and its MAs 7 and 34

- the MACD histogram is RED below zero

- my current trade bias is to sell but wait for the London session

*Tokyo bank holiday


Attached Image (click to enlarge)
Click to Enlarge Name: GU Oct10 H4 Tokyo 0845am 10-10-2022 7-46-26 am.png Size: 35 KB





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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,591
  • Edited 2:30pm Oct 10, 2022 2:16pm | Edited 2:30pm
Hello, it's been eight months since I've read this agent and found it very interesting. First, for passing a feeling of operating very quiet and second, for being something that runs away from the traditional. But I have a few questions, which I believe new readers will have as well. There were several extra posts that confused a little the reading of the operational

First, at what point do we have a configuration? When TDI and stochastic cross at exactly the same time along with the price crossing the average of 5?

It sounds like a very simple question, but it's not. Note that in the image below, the stochastic crossed first. Is it a valid configuration?

If someone experienced could summarize this fantastic operand in a post, how would the explanation be?
I believe this posting will help many marketers.
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  • #134,592
  • Oct 10, 2022 6:47pm Oct 10, 2022 6:47pm
Quoting romulorios
Hello, it's been eight months since I've read this agent and found it very interesting. First, for passing a feeling of operating very quiet and second, for being something that runs away from the traditional. But I have a few questions, which I believe new readers will have as well. There were several extra posts that confused a little the reading of the operational First, at what point do we have a configuration? When TDI and stochastic cross at exactly the same time along with the price crossing the average of 5? It sounds like a very simple...

I can summarize in 3 posts.

Click and read One, Two and Three


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,593
  • Oct 10, 2022 7:50pm Oct 10, 2022 7:50pm
[quote=emmanuel7788;14173438] {quote} Posso resumir em 3 postagens. Clique e leia Um, Dois e Três {imagem}[/citação]

Tks
  • #134,594
  • Oct 10, 2022 9:48pm Oct 10, 2022 9:48pm
Quoting romulorios
Hello, it's been eight months since I've read this agent and found it very interesting. First, for passing a feeling of operating very quiet and second, for being something that runs away from the traditional. But I have a few questions, which I believe new readers will have as well. There were several extra posts that confused a little the reading of the operational First, at what point do we have a configuration? When TDI and stochastic cross at exactly the same time along with the price crossing the average of 5? It sounds like a very simple...

Hi Romulorios,

which post did you find this chart.

A couple of things to trade the TMS sell setup.

1. #647 Basic price actions. Trend was down with lower highs and lows
2. The TDI is the main tool of TMS. Noted in your chart the candle with the red v-line did not close with TDI green cross red. It was the next candle close when TDI actually made the cross.

I don’t use ema or stoch as they are just confirmations. Trend is already indicated by Highs and lows and timing is indicated by TDI.

trade well
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  • #134,595
  • Oct 10, 2022 9:58pm Oct 10, 2022 9:58pm
Quoting tommydoginti
Crazy day! Might as well join for some last min $ {image}
Same approach. identify trend and enter trades with TDI signals
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This week’s new trading “office” next to Darling Harbor. Trade and travel well everyone

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  • #134,596
  • Oct 11, 2022 2:15am Oct 11, 2022 2:15am
EurCad Oct11 H4 London session

- it is sideways market type conditions

- some traders love the COWABUNGA approach and use the MACD as additional indicator to filter better trades but you will find fewer trades and fewer losers



Attached Image (click to enlarge)
Click to Enlarge Name: ECad Oct 11 H4 LO 11-10-2022 3-12-22 pm.png Size: 37 KB


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,597
  • Oct 11, 2022 6:51am Oct 11, 2022 6:51am
Sorry for disturb Emmanuel,

i am addressing to you because i saw you active here....

i am active on another thread and on the forum i am trying to searching new strategie to learn.
If i want to learn this system have i to go back to page 1 and read all the pages or there is a shortcut or pages starting from?

Thanks again.

Paolo
  • #134,598
  • Oct 11, 2022 6:34pm Oct 11, 2022 6:34pm
Quoting paolo7
Sorry for disturb Emmanuel, i am addressing to you because i saw you active here.... i am active on another thread and on the forum i am trying to searching new strategie to learn. If i want to learn this system have i to go back to page 1 and read all the pages or there is a shortcut or pages starting from? Thanks again. Paolo

hi Paolo

since you have been trading for many years and have the desire to develop your own winning trading systems ,
this thread title Trading Made Simple is a good place to start and to follow the trading journey of the OP eelfranz aka Big E. He started in 2006 as a newbie in forex trading and he tried many things and like most people he evolved as a trader over the years until he died in Oct 2012.

I'll be here to answer all questions and to help people wanting to learn Big E' 5-Method and hope that it will lead some to the original 5-Method and traders will be find enough resources to help them in developing winning trading systems that fit them individually. It will be hardwork and requires some sacrifices and commitment. If anyone spends 3 to 5 hours every day for the next 2 to 3 years, he/she will most likely will make it to become a better trader. Many already missed the last 2-3 years during the pandemic lockdowns.

----------------------------------------------------------------------------------------------------
New traders coming to this thread have three Options:

Option #1: Go to this post link, read and follow that post. The TMS history is all here.

https://www.forexfactory.com/thread/...3#post13295143


Option #2:
You don't have to read 6730 pages (134,597 posts)
Just two pdf files compiled by older members here will be a good start.
download and read those two pdfs files.

simply click to download:

Best of Big E - Part 1

Best of Big E - Part 2


Option #3:
For those with some years of trading experience trading with indicators, this option may be better.

Click and read One, Two and Three

TMS being the 5-Method is a technical trading methodology therefore you need to add your own Money Management and make it your own system. Your trading psychology is another subject matter not talked about much.

Big E was a rule-based discretionary trader. According to studies by Dr Van K Tharp this rule-based discretionary are the best traders,

Enjoy and Have fun during your learning journey..
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,599
  • Oct 11, 2022 6:39pm Oct 11, 2022 6:39pm
Quoting emmanuel7788
GU New York Close Friday Oct 07 - market type is sideways wide range {image} TMS 5-Method - note the Stoch(8,3,3) is below 30-level and can stay below 30-level if the down trend is strong, but look at the price action if there is correction and small candles which can bring the Stoch back to it 50-level. Study previous price action and the Stoch. - check the RSI(14) and its MAs 7 and 34 - the MACD histogram is RED below zero - my current trade bias is to sell but wait for the London session *Tokyo bank holiday {image} ...

TMS-II trades closed Monday Oct10.

- after been away for one week following the F1 race events, back to trading this week and did lose a bit of the trading momentum and rhythm of the market

- need to catch up this week and hope to be full-steam next week till end Nov before year-end closing for the vacation time.

Attached Image (click to enlarge)
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,600
  • Oct 11, 2022 6:41pm Oct 11, 2022 6:41pm
F1 Singapore

starting grid

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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