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Trading Made Simple system follower - Thanks to eelfranz 9 replies

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Trading Made Simple

  • #134,681
  • Oct 20, 2022 6:32am Oct 20, 2022 6:32am
Quoting Tekkies
{quote} Some examples? > You are going to wait a long time. > When it does happen it will be in hindsight. Have not seen once any price action posted here where it is done on the first bar right side of chart. > Remeber that ithis s a trader that has been posting for many years that traders must dump TDI because it is such a bad indicator. Now he give advice how to use that "bad" TDI indicator. ------- You will be off by following only what BigE has posted in this thread....

hey @Tekkies

are you still looking at H4 bar(0) now?

when this current bar closes, the new bar will be the bar(0), and wait for the TDI' RSI green price line to show the slope.

price already moved +50 pips and the lagging TDI still flat

what about bar(2)? what was the price action setup?
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,682
  • Oct 20, 2022 8:27am Oct 20, 2022 8:27am
Quoting emmanuel7788
{quote} "Are you really making your decision based on bigE's post#1? " hey @Tekkies we all know you lost money for 6 long years and you are upset. So please stop your toxic bullshit. Read this para in Post#1 Post#1 <> 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...
>TDI is flat.
> Take a break and come back when a new H4 candle has started.

Rather simple.
  • #134,683
  • Oct 20, 2022 8:40am Oct 20, 2022 8:40am
@emmanuel7788 and others (not forgetting BigE). Thanks for this system, been using it now for ±6 weeks and keeping it as simple as possible. All trades provided profit except one small loss - using small positions while testing. Today my buy trade on AUDJPY hit my TP at 87 pips so very happy with that.
  • #134,684
  • Oct 20, 2022 8:56am Oct 20, 2022 8:56am
Quoting emmanuel7788
{quote} hey @Tekkies Is that all you know about Post#647 and the TDI? What about the rest of Post#647? <> When wanting to enter a TDI trade... take a moment first to observe basic 4x things... like: How close am I to the previous high or lo Am I in an uptrend or downtrend.. short & long term... Am I in or close to a consolidation area Are the previous candles small... Look at the candles on the last...
There is no need to apply the rest of post#647.
What for?
- By all means Vincent you want to apply the rest of post#647 to that chart posted. Please do so.
----
What a joke. Now a member has to jump timeframes to answer question.
Before I forget Vincent. did you check also M1, M5, M15, M30, H1 price action and TDI before you made such a stupid post?
---
blue lines?
Please re-post BigE's post about blue lines. Please make sure you refer to one of his post's in this thread.
  • #134,685
  • Oct 20, 2022 10:17am Oct 20, 2022 10:17am
Quoting Tekkies
{quote} There is no need to apply the rest of post#647. What for? - By all means Vincent you want to apply the rest of post#647 to that chart posted. Please do so. ---- What a joke. Now a member has to jump timeframes to answer question. Before I forget Vincent. did you check also M1, M5, M15, M30, H1 price action and TDI before you made such a stupid post? --- blue lines? Please re-post BigE's post about blue lines. Please make sure you refer to one of his post's in this thread.
BigE's #647 has a few Price Action elements but no need to use all of them. My suggestion is to start with only the Previous Highs / Lows and the Trend as determined by HHHL / LHLL and follow the TDI crosses.

As BigE and I always say, keep it simple. There is no point making trading complicated by adding (blue) lines and other extra confluences. Those are for people who cannot trade the TMS method and lost money. Trade well

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  • #134,686
  • Oct 20, 2022 10:20am Oct 20, 2022 10:20am
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For any of my fellow US traders. There is a perfect TMS Day Trade setting up on the Ford (F) 15 minute Chart. The 1 hour chart is preparing to break out above a sideways triangle. If the signal comes it will be the 4- 5 Elliot Wave up. The TDI is finding support at the market baseline and the 50 level and the stochastic slope is confirming a buy signal. My preference is to use a 1.5 (14) ATR for a profit target.
  • #134,687
  • Oct 20, 2022 10:25am Oct 20, 2022 10:25am
Quoting Ingwe
@emmanuel7788 and others (not forgetting BigE). Thanks for this system, been using it now for ±6 weeks and keeping it as simple as possible. All trades provided profit except one small loss - using small positions while testing. Today my buy trade on AUDJPY hit my TP at 87 pips so very happy with that.
Hi Ingwe,

Glad to hear about that. Yes TMS is effective and simple. It has all you need to enter and/or exit trades (highs/Lows = price levels and trend, TDI = trading timing). The "Price Action" elements mentioned by BigE are often called "Price Structure" or "Price Movement", I don't see many others using these PA in #647 in this thread but me. However, these PA are more discussed in some other threads, and I see you have been following the few traders who contributed much. I also followed ITB for a while to learn price movement (Prev. H/L, Rejections as of #647). Really powerful tool to work in synergy with TDI. Also the reason I started trading TMS.

Wish you green pips. Trade well.
  • #134,688
  • Oct 20, 2022 11:16am Oct 20, 2022 11:16am
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Triangle Resistance held. TMS short signal given technically but no confirmed bias as long as we're contained in the triangle. Plus, all of the movement left to right is contained within that BIG blue inside bar. Good news is that indicates a nice breakout should be coming soon, but this is a stock so keep that in mind.
  • #134,689
  • Oct 20, 2022 11:52am Oct 20, 2022 11:52am
Quoting tommydoginti
{quote} BigE's #647 has a few Price Action elements but no need to use all of them. My suggestion is to start with only the Previous Highs / Lows and the Trend as determined by HHHL / LHLL and follow the TDI crosses. As BigE and I always say, keep it simple. There is no point making trading complicated by adding (blue) lines and other extra confluences. Those are for people who cannot trade the TMS method and lost money. Trade well {image}
Post#647: How close am I to the previous high or lo
Did I miss something Tommy?
  • #134,690
  • Oct 20, 2022 1:26pm Oct 20, 2022 1:26pm
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Nice Potential 4H TMS short trade setting up on the EUR/USD
  • #134,691
  • Oct 20, 2022 3:46pm Oct 20, 2022 3:46pm
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Follow up to the Ford (F) day trade I was watching and posted earlier. By the time the move happened I was done for the day and away from the computer, but hypothetically if taken it "should" have resulted in a nice 20 to 21 point move minus the spread.

Okay. Green pips to ya'll. It's been a long day. I'm off to bed soon. Good luck to those of you that trade the Asian and European sessions. Keep an eye on the 1HR USD/JPY that short trade is starting to set up nicely. The EUR/USD 4HR is setting up for the 2-3 wave down (?) which is generally the most profitable.
  • #134,692
  • Oct 20, 2022 5:54pm Oct 20, 2022 5:54pm
Quoting Tekkies
{quote} There is no need to apply the rest of post#647. What for? - By all means Vincent you want to apply the rest of post#647 to that chart posted. Please do so. ---- What a joke. Now a member has to jump timeframes to answer question. Before I forget Vincent. did you check also M1, M5, M15, M30, H1 price action and TDI before you made such a stupid post? --- blue lines? Please re-post BigE's post about blue lines. Please make sure you refer to one of his post's in this thread.

LOL @Tekkies

You don't like the Traders Dynamic Index by Dean Malone???

It has the blue lines aka the Volatility Band. The VB work the same way like the Bollinger Band but with a period of 34. It is the Market Base Line yellow line.

Remember the Saga of the TDI, do you?

Inserted Video
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,693
  • Oct 20, 2022 6:03pm Oct 20, 2022 6:03pm
Quoting Tekkies
{quote} Post#647: How close am I to the previous high or lo Did I miss something Tommy?


Yes @Tekkies

also look at the previous high and low on the TDI too

and look at the price chart too.

follow this Big E post and learn fast.

Quoting eelfranz
Those wanting more examples go to Forum: Commercial, then Craig Harris Stochastics Method... then start reading on page 246, post 3676 to the end... you will learn more fast... We switched from there to only discuss this method in the new forum...
and do not be confused with that thread title it was changed by FF Admin. Big E' 5-Method started in that old thread.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,694
  • Oct 20, 2022 6:10pm Oct 20, 2022 6:10pm
Quoting Tekkies
{quote} There is no need to apply the rest of post#647. What for? - By all means Vincent you want to apply the rest of post#647 to that chart posted. Please do so. ---- What a joke. Now a member has to jump timeframes to answer question. Before I forget Vincent. did you check also M1, M5, M15, M30, H1 price action and TDI before you made such a stupid post? --- blue lines? Please re-post BigE's post about blue lines. Please make sure you refer to one of his post's in this thread.

"blue lines?"

hey @Tekkies

the blue lines aka TDI Volatility Band is useful to know the overall market conditions and how to avoid trading in certain market conditions like potential consolidation.

Big E knew this very well because he mastered his TDI and he only trade the 4hr at Pacific 10pm, 2am and 6am.



Attached Image (click to enlarge)
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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,695
  • Oct 20, 2022 6:16pm Oct 20, 2022 6:16pm
Quoting tommydoginti
{quote} Hi Ingwe, Glad to hear about that. Yes TMS is effective and simple. It has all you need to enter and/or exit trades (highs/Lows = price levels and trend, TDI = trading timing). The "Price Action" elements mentioned by BigE are often called "Price Structure" or "Price Movement", I don't see many others using these PA in #647 in this thread but me. However, these PA are more discussed in some other threads, and I see you have been following the few traders who contributed much. I also followed ITB for a while to learn price movement (Prev....

"I also followed ITB for a while to learn price movement (Prev. H/L, Rejections as of #647). Really powerful tool to work in synergy with TDI. Also the reason I started trading TMS."

hey @tommydog...

so you admit now that you have no confidence in your ITB ... lost money and have to use the TDI as your helping indicator the same way Big E did.

#202
Quoting eelfranz
Good Morning Everyone... Thanks for all of your posts and help. This thread is about The Craig Harris Method really using the TDI as a helping indicator to guide us for entries & exits to completion. For anyone who knows me... you know I'm always testing, tweeking, etc. to find improvements. Well, the other day I added the Synergy channel on my 15 minute charts (5 SMA/Hi & 5 SMA/Lo) doing some more testing. What I discovered was by blending the two methods together... One is always confirmation for the other. Sometimes the Synergy makes the entry...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,696
  • Oct 20, 2022 6:28pm Oct 20, 2022 6:28pm
Quoting Ingwe
@emmanuel7788 and others (not forgetting BigE). Thanks for this system, been using it now for ±6 weeks and keeping it as simple as possible. All trades provided profit except one small loss - using small positions while testing. Today my buy trade on AUDJPY hit my TP at 87 pips so very happy with that.

@Ingwe

that's very good when you make money.

Big E and I always emphasize the same keep it simple principle

>>> which is to follow simple rules for entries and exits.

You need to first master his 5-Method which is simple and easy when you have spent enough time trading in real-time live market environment.

AJ hit new high 95.00 today as UJ hit 150.00 today too.

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,697
  • Oct 20, 2022 6:31pm Oct 20, 2022 6:31pm
Quoting Tekkies
{quote} Post#647: How close am I to the previous high or lo Did I miss something Tommy?


hey @Tekkies

another of Big E post for you which you missed or may have forgotten.

<quote>
Remember when your looking at PA... it loves to return to previous hi or lo levels... check out a few charts.

Remember to always consider your forex basics when thinking about entering a trade...

Does it look week or strong...

How close are we to previous hi's or lo's...

Are we close to 100 levels...

How many candles was the last reversal...

Are we in consolidation...

Are we dealing with little candles...

When is news coming...

12-2 & 4-6 angle?

Should take you a split second to determine these things...
<unquote>
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #134,698
  • Oct 20, 2022 6:41pm Oct 20, 2022 6:41pm
Quoting emmanuel7788
{quote} "blue lines?" hey @Tekkies the blue lines aka TDI Volatility Band is useful to know the overall market conditions and how to avoid trading in certain market conditions like potential consolidation. Big E knew this very well because he mastered his TDI and he only trade the 4hr at Pacific 10pm, 2am and 6am. {image} ...
Well Vincent BigE does not agree with you
Post#51
Dean Malone @ www.compasfx.com trades a similar method but it's very conservative... too slow for me and I had to pass on a lot of pips using his rules and he trades 15 min charts which I don't like...
If you want the Original TDI Indicator and HA candle indicator (Average Price Bars) go to the site above. They are free downloads. You can remove what you want... Dean invented the TDI... and I removed all the extra lines to make it easy to look at and trade... same thing with his Synergy charts... I kept eliminating all the extras until we got down to what I trade now... no fluff. His charts and TDI are too busy for me... I like simplicity... He doesn't use the TDI the same way I do either...
  • #134,699
  • Oct 20, 2022 6:54pm Oct 20, 2022 6:54pm
Quoting KCJed
{image} So I had the best day YET using the TMS Method. 7 Winners and 1 loser. I don't post much here because there's TOO MUCH DRAMA, but I had such a great day I felt like sharing. I trade in the US Central Time Zone(+6 GMT). Generally, my trading day starts at 3am and ends at around 9 or 10 am. I started my trading career back in 2006 with FXCM New York, and originally joined FF back in 2006, but lost my credentials somewhere along the way and rejoined FF in January of 2021. From 2006 to 2021 I "dabbled" with Forex on a very part time basis and...
Looking at the light blue box and bear trap, this post comes to mind:
Post#142
The question was concerning why not enter on candle # 3. In this example the TDI indicates taking the trade on candle # 1. Had you entered on candle # 3 you would have been two candles late for the CORRECT ENTRY. Because a reversal normal runs 3-8 candles we were fortunate it has run so many candles...

The idea about entering on candle 1 or 2 if you get the TDI signal is if it only goes 3 candles you should get on average at least some profit... especially on higher time frames.
  • #134,700
  • Oct 20, 2022 7:00pm Oct 20, 2022 7:00pm
Quoting Tekkies
{quote} Well Vincent BigE does not agree with you Post#51 Dean Malone @ www.compasfx.com trades a similar method but it's very conservative... too slow for me and I had to pass on a lot of pips using his rules and he trades 15 min charts which I don't like... If you want the Original TDI Indicator and HA candle indicator (Average Price Bars) go to the site above. They are free downloads. You can remove what you want... Dean invented the TDI... and I removed all the extra lines to make it easy to look at and trade......

@Tekkies

LOL
and you are the one who is losing money every day for the last 6 years trying to be like Big E.

#1176 TMS M15 trades deep in the pit


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