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Trading Made Simple

  • #136,321
  • Nov 20, 2022 7:47pm Nov 20, 2022 7:47pm
Quoting emmanuel7788
{quote} hi @arddy24 Since you are new to this thread, spend some time with these below and find the answers to all your questions. 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. Good luck! =================================================================================================== Introduction to Trading Made Simple To learn what Trading Made Simple is, you have to follow the trading journey of the OP eelfranz aka...
Hey Emmanuel778,

Sincerely thank you for this post! I will be spending the next few weeks going through the content you've just provided

Cheers!
  • #136,322
  • Nov 20, 2022 7:50pm Nov 20, 2022 7:50pm
Quoting tommydoginti
{quote} I have posted previously consolidating the TMS rules based on BigE’s posts. hope it helps #125165 https://www.forexfactory.com/thread/...4#post13716474 The way I practice TMS can be found in the following posts by BigE, No need to add any more craps like gambling EAs and indicators. 1. TDI is heart of the TMS 5-method --- #261, #2617 All trades I share here are signaled by...
Hi Tommydoginti!

Thank you very very much for this consolidated list of awesome info!! This is going to help me plenty with learning the TDI methods.

Much appreciated it!!
  • #136,323
  • Nov 20, 2022 7:54pm Nov 20, 2022 7:54pm
Just a PSA - I'll be going radio silence for a bit as I browse through the material you guys have kindly consolidated for me. Thanks again!

If I don't respond any time soon - I apologise in advance. Otherwise, cheers, and happy trading all! GL. We're all in our own journey
  • #136,324
  • Nov 20, 2022 7:54pm Nov 20, 2022 7:54pm
Quoting KCJed
{quote} This is what you are looking for. I posted it a few days ago. It's a compilation of Big E's post's from this thread starting with #205. It's a 95 page PDF of Big E's posts. {image} Also, in case you missed them here is the link to Dean Malone's training webinar. Dean Malone created the TDI and APB candles. He is a professional trader and runs Compass FX, but he does not try to sell you anything. The webinar is approx. 1 hr and 45 minutes and he explains very well how he trades what he calls the Synergy Method. Big E combined Mr. Malone's...
Hey KCJed!

Thank you very kindly for those! I think I saw you posted this a few pages back - I was able to DL them and have gone through them. Extremely useful and I really appreciate it!!
  • #136,325
  • Nov 20, 2022 7:58pm Nov 20, 2022 7:58pm
Quoting tommydoginti
{quote} Hi Emmanuel, you are unable to learn and trade BigE’s TMS. That is not a problem. but it is your mental illness that needed to be treated. Trolling on forum does not change the fact that you have been losing. You just make yourself look stupid My advice is when you are trying so hard to devalue BigE’s TMS, learn from your mistakes and understand why TMS traders can avoid your stupid mistakes trade well {image}{image}{image}

@tommydog

You have been called-out to be the fake trader in this Big E Trading made Simple thread. You have no respect for a dead man and his thread.

No amount of your repeated posts here to massage your fragile ego can change that fake trader status accorded to you. All your repeated posts with negative narrative is just evidence of your self denial that you still cannot trade well to make any money.
That's okay because all new traders like you for example with only 2 years trading experience will lose money as in the 99% of all new traders will lose money. You are doing more self harm to your status here with all your negativity and your over inflated ego.

Your failures in your personal life must be affecting your low self esteem and caused you much unhappiness.

What mental illness caused you to steal, lie, cheat and use photoshop edited MT4 charts to create imaginary winning trades?
Schizophrenia is a common mental illness why you stole, lied and cheated .....
You do show sign of obsessive compulsive disorder OCD with old posts containing hate content which you use to massage and boost your fragile ego.

#124,557 is just one of many of your post with fake trades:
there is no 2.93R trade.
that is all done in hindsight and in your imaginary world

Quoting tommydoginti
{quote} {image} Price rejected from range high. Sel. Rejected at range low. Closed at BE. Uptrend confirmed. Buy at breakout range. CPI forecast worse than last month with issue of COVID (actual also worse than forecast). Aggressive target. BUY, 2.93R {image} Simply following BigE's Trading Made Simple. Simple entry and exit rules Considering the few elements instructed by BigE. Enough to made decision for the trade with high odds of winning. 1. TDI green red line (#647 PA...
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #136,326
  • Nov 20, 2022 8:07pm Nov 20, 2022 8:07pm
Quoting arddy24
{quote} Hey Emmanuel778, Sincerely thank you for this post! I will be spending the next few weeks going through the content you've just provided Cheers!
hi @arddy24

you are welcome!

now it is all up to you to continue with your own work and journey on to your financial freedom.

there is no short-cut to trading success. you need to have your own blueprint for trading success.

it takes a lot of time and effort on the part of the person who aspire to become a profitable trader.

when I look back to the last 30 years, many of people whom I know have become better trades when they spend 3 to5 hours every day and for 2 to 3 years, then they start to see the light at the end of the tunnel.
you do need to know a lot of things about trading the markets.

I will be here to help anyone who ask for help.



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #136,327
  • Nov 20, 2022 8:14pm Nov 20, 2022 8:14pm
AJ Nov21 Tokyo 11am

- no 'early bird' trade today as it is Monday

- @tommydog... did not understand what is early bird and he is only good at posting hindsight chart analysis with his negative narrative

- 'early bird' trade refer to my early morning trade here which follows the previous Day New York Close NYC.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #136,328
  • Nov 20, 2022 8:38pm Nov 20, 2022 8:38pm
Hello all. First time poster.

I've spent the latter part of last week and this weekend scouring this thread, as well as reading the pdf compilations. I've been on a journey many know all too well - in search of a perfect trading plan - something I knew at an intellectual level didn't exist -but still, I adamantly strove to find the "perfect" setup. My quest for absolute certainty in a field defined by uncertainty was self-destructive and costly. I can't tell you how many pretty indicators have passed my way.

And I always hit the same conclusion; I'd see several less-than-ideal setups and scratch the idea, move on to next indicator. On and on and on ... I've been feeling an increasing sense of urgency to get this sorted or flag the whole thing.

When you get that blinkered, you can't see the forest for the trees.

Stumbled across this while researching the TDI. Reading Big E's posts was starling; I felt like he pulled me out of the rabbit hole and doused me with a bucket of ice-cold water. I will not fall into the "this is the one" mindset until I have had a chance to back-test (though I understand the more discretionary elements of the system are difficult to back-test). Still, even in the unlikely event I don't opt to go with this, I have taken many, many lessons from the sage words of advice sprinkled throughout this thread, namely: KEEP. IT. SIMPLE.

While I appreciate the efforts of others to compile the teachings herein, I needed something more detailed and structured. I have extracted quotes from page 1 through to Big E's final post. I have also mined a number of quotes from several members in that time period - it was truly a goldmine. The value of many of those posts is of value to any trader, regardless of strategy.

I am in the process of constructing this document to a format that suits me and will be happy to share it on completion, if anyone is interested. Note: I will be re-wording / tidying the content for my own reference, so Big E's quotes will not be verbatim. Be assured I will NOT be adding anything beyond the scope of the system; these changes are primarily due to categorizing and general flow. Expect sections such as entry, re-entry, exits, stop loss, market analysis, psychology etc. It will be comprehensive.

If there's any interest, I'll upload it. In any event, it's heartening to see this thread still going strong so many years after Big E left us. It's been a tough slog finding people to look up to in the space. He seemed the real deal and has left behind a legacy many traders would do well to explore - a truly generous man who got a high from helping others. I thank him for slapping some common sense back into me.
  • #136,329
  • Nov 20, 2022 8:38pm Nov 20, 2022 8:38pm
Quoting eelfranz
Don't get fired ! Just make the necessary transition to trading 4hr charts during the London session... or Daily charts.

when you follow the OP' post above,

making the transition to trade the 4hr can also mean you trade your own trading hours where you live and according to your lifestyle

I trade my according local trading hours and I can trade every 4 hours, this is what I mean the 4hr trade window

AU Nov21 4hr setup

- M15 BEEOB setup which closes the H4 candle

- H4 Inside Bar breakout

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #136,330
  • Nov 20, 2022 8:53pm Nov 20, 2022 8:53pm
Quoting WickedSushi
Hello all. First time poster. I've spent the latter part of last week and this weekend scouring this thread, as well as reading the pdf compilations. I've been on a journey many know all too well - in search of a perfect trading plan - something I knew at an intellectual level didn't exist -but still, I adamantly strove to find the "perfect" setup. My quest for absolute certainty in a field defined by uncertainty was self-destructive and costly. I can't tell you how many pretty indicators have passed my way. And I always hit the same conclusion;...
@WickedSushi

WELCOME TO TRADING MADE SIMPLE:

Your pseudonym reminds me of a Japanese restaurant in Tauranga.

===================================================================================================
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 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
  • #136,331
  • Nov 20, 2022 8:58pm Nov 20, 2022 8:58pm
Thank you for the welcome, emmanuel7788

I haven't read the Craig Harris thread; I will have a look shortly.

First things first ... Tauranga? Don't tell me you're a Kiwi!
  • #136,332
  • Nov 20, 2022 9:02pm Nov 20, 2022 9:02pm
Quoting WickedSushi
Hello all. First time poster. I've spent the latter part of last week and this weekend scouring this thread, as well as reading the pdf compilations. I've been on a journey many know all too well - in search of a perfect trading plan - something I knew at an intellectual level didn't exist -but still, I adamantly strove to find the "perfect" setup. My quest for absolute certainty in a field defined by uncertainty was self-destructive and costly. I can't tell you how many pretty indicators have passed my way. And I always hit the same conclusion;...

@WickedSushi

I am looking forward to your work completion and learn how you interpret Post#2617.

That post is what many people failed to achieved in the last 10 years.

Every new member came here and they rant the same 'Keep It Simple' like their Haka.


#2617

this post is the real Keep It Simple goal of every TMS trader.

Quoting eelfranz
Alright all you party animals trying to recover from last night... or longer... Last couple of pages has covered many different topics... well, touched base anyway.... 2scoops... on post 2594... 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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #136,333
  • Nov 20, 2022 9:07pm Nov 20, 2022 9:07pm
No a lot happening this week,

there are events that are not on FF Calendar

tomorrow and the day after are good days for trading

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #136,334
  • Nov 20, 2022 9:16pm Nov 20, 2022 9:16pm
Quoting Samvill81
Hello @eelfranz I´m new to this post. I´m interested in your method. How much those rules have changed since your first post on 2011? Thanks.

hi @Samvill

Eric aka @eelfranz died Oct 2012.

we are all alone here without the OP since his last post in Oct 2011.

start at Post#1 and read, study and take notes until you reach Post#12,912

and for an Introduction to Trading Made Simple,

you can also follow Post#136,330
https://www.forexfactory.com/thread/...3#post14229103



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #136,335
  • Nov 20, 2022 10:53pm Nov 20, 2022 10:53pm
I traded w/out TDI, and TDI is so noisy for me. it seen ok. no big deal about TDI
  • #136,336
  • Nov 21, 2022 1:20am Nov 21, 2022 1:20am
he is only good at posting hindsight chart analysis

WTF!!!!!!!
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  • #136,337
  • Nov 21, 2022 1:27am Nov 21, 2022 1:27am
Quoting WickedSushi
Thank you for the welcome, emmanuel7788 I haven't read the Craig Harris thread; I will have a look shortly. First things first ... Tauranga? Don't tell me you're a Kiwi!
More like a old aged grizzly bear with a TDI-toothache.
  • #136,338
  • Nov 21, 2022 1:40am Nov 21, 2022 1:40am
Quoting arddy24
{quote} Well, thanks for the references. There was no way I'd find those posts in time. This is exactly what I was talking about. And now I have more efficient reading material.;
Have a smile with this: Post 135,715
  • #136,339
  • Edited 2:19am Nov 21, 2022 1:55am | Edited 2:19am
Sell entry against a strong Support zone.
(Visible on all timeframes)
Will Price break it?
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Edit: M15 >Took a long time.
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  • #136,340
  • Edited 5:45am Nov 21, 2022 3:06am | Edited 5:45am
Quoting tommydoginti
{quote} The essence of BigE’s TMS method is to follow TDI signals (crosses and bounces) and evaluate the Price Action that aligns with the TDI signals. Using #647 PA for analysis is the way For instance. Price retested previous high but failed. The previous high marks the consolidation range high. The Rejection at this price level (also OB as called by some traders) show high chance of price bouncing off back to range low or even break the low. entering sell as TDI cross down marking the price movement downward. {image}{image}
The essence of BigE’s TMS method is to follow TDI signals (crosses and bounces) and evaluate the Price Action that aligns

And there you have it, folks. Everything else that BigE posted about his 5-method is elaboration on and examples of this.

Step 1: Is there a green cross red on that chart? If no, MOVE ON ! If yes, continue to step 2.
Step 2: Evaluate your PA checklist based on post #647.
Step 3: Does step 2 does meet entry criteria? If no, MOVE ON! If yes, continue to step 4.
Step 4: Determine SL and TP. If acceptable, enter the trade.
To free Gazans of Hamas, use whatever it takes.
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