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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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Trading Made Simple system follower - Thanks to eelfranz 9 replies

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Trading Made Simple

  • #135,201
  • Oct 31, 2022 10:19am Oct 31, 2022 10:19am
Quoting DrDave
{quote} That is simply impossible! You did not describe any kind of bar patterns like Mother bar, breakout bar, etc. And let's not forget that you made no mention of a 5-bar true reversal! You also failed to make multiple entries/multiple exits with best average price. And no EA to manage the exits and trailing SLs on the multiple entries. But thank god that you did not even mention that utterly worthless TDI green cross red, despite it being displayed on your chart! So, with just this small sample of the MANY items that you neglected to include,...
the cautious seldom err....C
  • #135,202
  • Oct 31, 2022 10:25am Oct 31, 2022 10:25am
Quoting pips29
H4 not quite ready for a short but H1 is getting close {image} {image}
H1 printed confirmation but I will wait a bit longer for H4 to do likewise, otherwise there will not an entry for me
the cautious seldom err....C
  • #135,203
  • Oct 31, 2022 10:58am Oct 31, 2022 10:58am
Quick buy m1 GU.

follow #647 and TDI cross signal.

HHHL uptrend. Buy at TDI cross when price forming Higher High. Price was rejected and spiked back up. Didn’t care if it was pull back or reversal.

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  • #135,204
  • Oct 31, 2022 11:02am Oct 31, 2022 11:02am
Quoting DrDave
{quote} That is simply impossible! You did not describe any kind of bar patterns like Mother bar, breakout bar, etc. And let's not forget that you made no mention of a 5-bar true reversal! You also failed to make multiple entries/multiple exits with best average price. And no EA to manage the exits and trailing SLs on the multiple entries. But thank god that you did not even mention that utterly worthless TDI green cross red, despite it being displayed on your chart! So, with just this small sample of the MANY items that you neglected to include,...
Great imitation. But you can not write like him simply because he is the one with mental problem.

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  • #135,205
  • Oct 31, 2022 11:06am Oct 31, 2022 11:06am
Quoting DrDave
{quote} That is simply impossible! You did not describe any kind of bar patterns like Mother bar, breakout bar, etc. And let's not forget that you made no mention of a 5-bar true reversal! You also failed to make multiple entries/multiple exits with best average price. And no EA to manage the exits and trailing SLs on the multiple entries. But thank god that you did not even mention that utterly worthless TDI green cross red, despite it being displayed on your chart! So, with just this small sample of the MANY items that you neglected to include,...
That is simply impossible!
  • #135,206
  • Oct 31, 2022 11:07am Oct 31, 2022 11:07am
Quoting tommydoginti
Quick buy m1 GU. follow #647 and TDI cross signal. HHHL uptrend. Buy at TDI cross when price forming Higher High. Price was rejected and spiked back up. Didn’t care if it was pull back or reversal. {image}{image}
Reason of Entry.

Simple TMS setup with TDI cross Up after a trend change justified by Previous Highs and Lows.

Additional confluence as price broke previous support @1.1513 and forming a Lower Low. Either Buy the pullback or wait for the pullback to Sell again at next High. I went for buy simply because would be busy later for dinner

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  • #135,207
  • Oct 31, 2022 11:18am Oct 31, 2022 11:18am
Quoting Tekkies
{quote} That is simply impossible!
You and other TMS traders trade with simple rules as of BigE's Trading Made Simple.

To those who are unable to learn the TMS method, of course it is impossible for him/her to comprehend how the charts can be analyzed using TMS in a simple way. TDI cross is a TDI cross.

Trading is difficult, don't make it worse by complicating it. Waste of time and lose money.

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  • #135,208
  • Oct 31, 2022 11:19am Oct 31, 2022 11:19am
Quoting khalid94
Is it possible for someone to help me for the settings, this is a system on my phone
https://forex-station.com/viewtopic.php?t=8466245
  • #135,209
  • Oct 31, 2022 11:23am Oct 31, 2022 11:23am
Quoting tommydoginti
{quote} Here is the answer to technical query on putting on the TDI green and red lines on mobile MT4 Put on the RSI (13). Can change Color to chart background Color and it’ll be hidden. Then apply the 2 MAs Remember the MAs are applied to “first indicator’s data” which is the RSI (13) {image}{image}
For those who followed the steps shared by Tekkies. You can verify your setup on (mobile) MT4 by seeing the same screenshot in this post.

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https://www.forexfactory.com/thread/post/13623472#post13623472
  • #135,210
  • Oct 31, 2022 11:30am Oct 31, 2022 11:30am
just taken a long entry
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the cautious seldom err....C
  • #135,211
  • Oct 31, 2022 12:32pm Oct 31, 2022 12:32pm
[quote = Tekkies؛ 14203411] {quote} https://forex-station.com/viewtopic.php؟t=8466245 [/ quote]



Thank you so much
  • #135,212
  • Oct 31, 2022 12:59pm Oct 31, 2022 12:59pm
Quoting pips29
{quote} taken 1/2 off and stop moved to -15..it's a b/e trade if my stop gets triggered {image}
closing the trade as market seems reluctant to give me more
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the cautious seldom err....C
  • #135,213
  • Oct 31, 2022 1:20pm Oct 31, 2022 1:20pm
Quoting khalid94
{quote} Greetings to all of you, I am new to this world and looking forward to trying this system out. Can you point me to the pointers and the latest updates? I hope that there will be a book about this system and how to use it and the most important points in pdf format, in addition to the method of counters on the phone if possible
There are no > pointers, latest updates.
The book you seek consist of compiled BigE's posts from this thread: Trading Made Simple > Post 1
Follow the advice in that pdf and you will do good by yourself
  • #135,214
  • Oct 31, 2022 3:18pm Oct 31, 2022 3:18pm
Quoting Tekkies
{quote} That is simply impossible!

@Tekkies

It is possible and pips29 just showed people here.

BUT, you are the one who still did not get it.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #135,215
  • Oct 31, 2022 3:22pm Oct 31, 2022 3:22pm
Quoting pips29
{quote} closing the trade as market seems reluctant to give me more {image}

@pips29

Nice and consistent.

I see you waited for that sell entry.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #135,216
  • Oct 31, 2022 3:26pm Oct 31, 2022 3:26pm
Quoting Tekkies
{quote} There are no > pointers, latest updates. The book you seek consist of compiled BigE's posts from this thread: Trading Made Simple > Post 1 Follow the advice in that pdf and you will do good by yourself
@Tekkies

that pdf you mentioned is not complete

many of Big E' posts are not in that pdf

now you know why you still struggling to trade and make profits like pips29
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #135,217
  • Oct 31, 2022 3:29pm Oct 31, 2022 3:29pm
Quoting tommydoginti
{quote} You and other TMS traders trade with simple rules as of BigE's Trading Made Simple. To those who are unable to learn the TMS method, of course it is impossible for him/her to comprehend how the charts can be analyzed using TMS in a simple way. TDI cross is a TDI cross. Trading is difficult, don't make it worse by complicating it. Waste of time and lose money. {image}

@FakeTrader

PA is leading , TDI is lagging

but its okay since you are the @FakeTrader

Follow Big E' Post#2617


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#2617
<>
2scoops asked me a long time ago what would be the most beneficial to learning this method for higher success... The answer was simple... study old charts for set ups... now strip down everything on that chart at that point... trends, angles, S/R levels, News times, Stoch angle within the 20-80 lines..etc. Burn it into your memory... I spent 2 years doing that.... so what does that mean?

It takes me 15 seconds to strip a chart down to nothing including the TDI & Stoch's. Taking clean trades is a breeze for me... why?

Read above...

I can take you to water but I can't make you drink... follow the simple entry & exit rules. Forget other indicators. I went down those roads so you wouldn't have too...

There is a handful who trade it correctly here who are rewarded nicely...
<>
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #135,218
  • Oct 31, 2022 3:37pm Oct 31, 2022 3:37pm
Quoting khalid94
{quote} Greetings to all of you, I am new to this world and looking forward to trying this system out. Can you point me to the pointers and the latest updates? I hope that there will be a book about this system and how to use it and the most important points in pdf format, in addition to the method of counters on the phone if possible

hi @khalid94

Since you are new to this thread, spend some time with these below.
It is very important that you read every of the OP's posts in Forex Factory and try solve the his puzzle. Most traders here have not solved Big E' Trading Made Simple puzzle.

===================================================================================================
Introduction to Trading Made Simple

To learn what Trading Made Simple is, you have to follow the trading journey of the OP eelfranz aka Big E. He started as a newbie in 2008. Know the history and you will learn a lot from the OP and when you have mastered the 5-Method, you can then move on and develop your own trading system following how he did his. Many traders have moved on to trade their own systems.

Trading Made Simple for beginners : Post#52,707

A short history by pioneer member snarlyjack Post#110

Our late OP eelfranz aka Big E spent 6,000 hours: Post#6 and he evolved as a trader and went on and developed two trading methods.
5-Method and 21/233 Method Post#3018, Post#4104,

After months of postings and answering many frequently asked questions FAQs,
eelfranz made the jump to this new Trading Made Simple thread on 26 April 2011... Post#4432

In Post#1, he explained how he traded the H4 chart timeframe and he also traded the H1 chart during the NY session. This suited his lifestyle being retired and the time zone he lived. Sadly he passed away in Oct 2012.

Two very important posts: Post#261 and Post#647, give a simple summary of what this 5-Method is and the basic forex stuff we check before we look for the TDI setups to trade.

TMS 5-Method Basic Rules: Post#53,841
Always check the #1- Price Action first, then #2- TDI Post#3142
Big E wanted us to build this TMS thread together... Post#4,432

The original indicators and template Post#25
When you are overwhelmed (information overload) by the number of posts and the loads of information and variations shared by other traders here, the best thing to do is to stop reading and go back to the basics what Big E mentioned in his 463 posts in this thread and 861 posts in the CHS thread. First you learn and master the 5-Method first before you start add your own tweaks and make a new system.

Recommendations:
Read all of Big E posts... 861posts in the Craig Harris Stochastics thread and 463 posts in this TMS thread....and make notes on those training charts he posted. Pay attention whenever he mentioned PA and what you see on his training charts.

Learn the basic stuff about forex trading first. A good place to start is www.babypips.com/school

If you want to trade the way Big E described in Post#1, make sure you use his template , the Synergy APB / HA candles and use that TDI Red Green version. These are in Post#25.

Important to Note that the TDI Red Green version repaints all the bars in history so you cannot use this when you do back-testing by scrolling back your charts. The better way is to run this in live market and trade the TMS setups based on what you see without refreshing your charts. When you want to trade with entries on the APB#1 and APB#2 candles, always wait for the price bar/candle to close and use the TDI to confirm the setup.

Big E was a rules-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
  • #135,219
  • Oct 31, 2022 3:52pm Oct 31, 2022 3:52pm
Quoting Fake'Dr'Dave
{quote} That is simply impossible! You did not describe any kind of bar patterns like Mother bar, breakout bar, etc. And let's not forget that you made no mention of a 5-bar true reversal! You also failed to make multiple entries/multiple exits with best average price. And no EA to manage the exits and trailing SLs on the multiple entries. But thank god that you did not even mention that utterly worthless TDI green cross red, despite it being displayed on your chart! So, with just this small sample of the MANY items that you neglected to include,...

@Fake'Dr'

It is all possible when you have mastered Big E' 5-Method.

We read your posts here and we conclude that you do not have the learning ability to learn PA which the OP had mentioned many times. You wasted more than 10 years in Forex Factory and learned nothing about Big E' PA and Supp/Res.

Keep It Simple:
Buy when the PA shows BLUE APB/HA candles above its 5EMA, Typical Price, Shift+2
Sell when the PA shows RED APB/HA candles below its 5EMS, Typical Price, Shift+2

Buy trade by pips29
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Sell trade by pips29

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #135,220
  • Oct 31, 2022 3:59pm Oct 31, 2022 3:59pm
Quoting Tekkies
{quote} https://forex-station.com/viewtopic.php?t=8466245

hey @Tekkies

thanks for the link:

guess what, we have a good man named Emmanuel...

<>
"Big E" with his trading system called Trading Made Simple. Eric sadly passed away a few years ago but traders continue to learn and evolve their trading based off his teachings! The thread is now looked after by a good man named Emmanuel who has been continuing Big E's legacy.
<>

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