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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

  • #137,421
  • Jan 11, 2023 1:33am Jan 11, 2023 1:33am
Quoting emmanuel7788
{quote} No need to look further in lower timeframe. The next higher timeframes - Daily and Weekly are more important when we want to swing trade and "Let Profits Run" and maximise profits. {image} TMS MEME EVO - AU Big Picture from 2022 and into 2023 Buy at 6548 and 6761 and target 7068 levels {image} ...
Will it reach 7068 level?
- That will depend of what price is going to do with that resistance level.
- Look at 2022.09.09 00:00 > Price bounce against that resistance level and went down.
- Look at 2022.12.14 00:00 > The same reaction.

TDI is already going flat.
Stoch is already at level 80
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  • #137,422
  • Jan 11, 2023 1:47am Jan 11, 2023 1:47am
Quoting tassiebear
{quote} I thought the trade is to be on TDI Crosson candle open, however when that candle opened 4 hours ago it didn't cross yet. The actual tdi crossing happened about 30 minutes before that candle close. How would you handle that scenario?
"How would you handle that scenario?"

@tassiebear

I know you asked @Tekkies. He can't handle such simple question. He can only quote the OP posts like his trading bible. He does not understand the big picture scenario.

AU Jan11

we are in the Big E' 10PM 4hr trade window .

I see the most recent swing low and the HA candle closed above the 5EMA. We have a setup candle. Ignore the previous candles with small body.
I see risk in the PPA most recent swing high. Traders must manage this risk in this setup.

If you enter buy at the Open of the 10PM Pacific 4hr candle and you also face the risk of the Frankfurt Open and the London Open during this 4hour trade window.

What is you exit plan for this buy entry?
- do you wait for the next 4hr candle at 2AM Pacific
- or do you look for the pull back and quick exit ... aka conservative exit.
- or do you wait to the TDI' RSI green line for exit which will only update when the 2AM candle updates.
- or do you use TMS-II exit with TP1, TP2 and TP3 with Capital Protection?



Attached Image (click to enlarge)
Click to Enlarge Name: Au Jan11 H4 10pm PDT trade window 11-1-2023 3-36-34 pm.png Size: 37 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #137,423
  • Jan 11, 2023 1:50am Jan 11, 2023 1:50am
Quoting Tekkies
{quote} Will it reach 7068 level? - That will depend of what price is going to do with that resistance level. - Look at 2022.09.09 00:00 > Price bounce against that resistance level and went down. - Look at 2022.12.14 00:00 > The same reaction. TDI is already going flat. Stoch is already at level 80 {image}
LOL @Tekkies

More evidence of your lack market knowledge and lacking trading skills here.

Too much time spend on TDI and Stoch.


Attached Image (click to enlarge)
Click to Enlarge Name: AU Jan11 H4 pipware 11-1-2023 2-16-39 pm.png Size: 42 KB

Tekkies spends too much on his TDI and Stochastics, with his M15H1 Vline crap, and now on his M15 blue and yellow lines in price
Tekkies did not spend enough time on Post#647 to learn Price Action, Support & Resistance and Market Consolidation.
Tekkies should spend more time on Money Management, Risk management for entries and exits.
Tekkies should learn to reduce his large number of BE trades, and How to Let Profits Run.
Tekkies will one day learn Post#2617 and he will realize that he can strip the TDI and Stochastics from his trading charts and he would then realize that taking trades would be a breeze and that the TDI is not in his WINNING EDGE equation.

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #137,424
  • Jan 11, 2023 3:55am Jan 11, 2023 3:55am
Quoting emmanuel7788
{quote} LOL @Tekkies More evidence of your lack market knowledge and lacking trading skills here. Too much time spend on TDI and Stoch. {image} Tekkies spends too much on his TDI and Stochastics, with his M15H1 Vline crap, and now on his M15 blue and yellow lines in price Tekkies did not spend enough time on Post#647 to learn Price Action, Support & Resistance and Market Consolidation. Tekkies should spend more time on Money Management, Risk management for entries and exits. Tekkies should learn to reduce his large number of BE trades, and How to...
hello emmanuel
is euro cad good for sell
i trade h4 and trigger it h1 tms for h1 was good
  • #137,425
  • Jan 11, 2023 4:07am Jan 11, 2023 4:07am
Quoting korosh1350
{quote} hello emmanuel is euro cad good for sell i trade h4 and trigger it h1 tms for h1 was good
The way I see it:
Weekly:
In a range after double top, signaling short on TDI.
https://www.tradingview.com/x/mhQijQRp/

Daily:
Flashing Long on TDI, but looks like a lower high was formed.
https://www.tradingview.com/x/3bCEEqhn/

H4:
https://www.tradingview.com/x/6yZH5NJ7/
TDI flat, no signal yet.

I would wait for the H4 to give us a solid sell, and I woudnt go into lower timeframes, as if/when the H4 starts dropping lower to give a clear signal.

Overall indecision now, I would wait, but im just learning this approach and practicing analysis. better wait for the masters to respond.
  • #137,426
  • Jan 11, 2023 4:42am Jan 11, 2023 4:42am
Quoting tassiebear
{quote} The way I see it: Weekly: In a range after double top, signaling short on TDI. https://www.tradingview.com/x/mhQijQRp/ Daily: Flashing Long on TDI, but looks like a lower high was formed. https://www.tradingview.com/x/3bCEEqhn/ H4: https://www.tradingview.com/x/6yZH5NJ7/ TDI flat, no signal yet. I would wait for the H4 to give us a solid sell, and I woudnt go into lower timeframes, as if/when the H4 starts dropping lower to give a clear signal. Overall indecision now, I would wait, but im just learning this...
Which masters are you waiting for?
the cautious seldom err....C
  • #137,427
  • Jan 11, 2023 5:54am Jan 11, 2023 5:54am
Quoting emmanuel7788
{quote} @tassiebear the 5bar swing high / swing low is what Big E showed us in 2009 in his old thread when he posted many tutorial videos on the Natural Flow of the Forex Market https://www.forexfactory.com/thread/...hastics-method Unfortunately most of the videos are no longer available in the public domain. The one I posted is in vimeo { here } just a few examples below: - how to trade the 5-Method without any indicators {image} {image}...
Thanks Emmanuel,
Unfortunately, at least for me the vimeo videos are not accessible, pdf yes, but videos not.
  • #137,428
  • Jan 11, 2023 6:32am Jan 11, 2023 6:32am
Quoting maybe8
{quote} Thanks Emmanuel, Unfortunately, at least for me the vimeo videos are not accessible, pdf yes, but videos not.
try this post

https://www.forexfactory.com/thread/...5#post13739205
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #137,429
  • Jan 11, 2023 6:34am Jan 11, 2023 6:34am
Quoting pips29
{quote} Which masters are you waiting for?

I like Master Po

Inserted Video


others like Master Arjun
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #137,430
  • Jan 11, 2023 6:44am Jan 11, 2023 6:44am
Quoting korosh1350
{quote} hello emmanuel is euro cad good for sell i trade h4 and trigger it h1 tms for h1 was good
read my post #137,399 above

Trading Made Simple 5-Method work only in two market type conditions.
1) Trending Market Type
2) Sideways Wide Range Market Type

TMS 5-Method will fail in type 3) Sideways Narrow Range Market Type

EC Jun11
easy decision, look at Weekly ... big candle ... sideways market type condition


Attached Image (click to enlarge)
Click to Enlarge Name: EC Jun11 H4 pipware WCC 11-1-2023 8-42-50 pm.png Size: 39 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #137,431
  • Jan 11, 2023 7:34am Jan 11, 2023 7:34am
@emmanuel7788, Regarding trading made simple would you please help me with the legit place to download a PDF instructions and the indicators? I cannot find which one is correct for the right TDI, template, and instructions.
Thank you in advance.
  • #137,432
  • Jan 11, 2023 8:49am Jan 11, 2023 8:49am
Quoting Numb3rs
eelfranz is it possible to move the indicators so they are all in the first post? Thanks!
For mt4 I used the links in post#25
https://www.forexfactory.com/thread/...49#post4569749
  • #137,433
  • Jan 11, 2023 9:36am Jan 11, 2023 9:36am
Quoting tassiebear
{quote} For mt4 I used the links in post#25 https://www.forexfactory.com/thread/...49#post4569749
Not sure if you've noticed at all but the post you're quoting was posted in 2011.
  • #137,434
  • Jan 11, 2023 9:54am Jan 11, 2023 9:54am
Quoting emmanuel7788
{quote} try this post https://www.forexfactory.com/thread/...5#post13739205
Thanks again!
  • #137,435
  • Jan 11, 2023 10:58am Jan 11, 2023 10:58am
Quoting lynnc
{quote}Not sure if you've noticed at all but the post you're quoting was posted in 2011.
It still works. Tbh I use tradingview not mt4. But those indicators I did test and they work fine

I believe TDI is repainting on MT4, and I prefer to use the one on tradingview as it doesn't repaint
  • #137,436
  • Jan 11, 2023 12:38pm Jan 11, 2023 12:38pm
Quoting tassiebear
{quote} It still works. Tbh I use tradingview not mt4. But those indicators I did test and they work fine I believe TDI is repainting on MT4, and I prefer to use the one on tradingview as it doesn't repaint
Yes, it does repaint on chart refresh.
Not all crossover get repainted.
- It happens when the green line criss/cross the red line during the time-period.
---
Did you placed a buy order on AUDUSD?
That mystical 7068 level Vincent forecasted won't be reached today.
  • #137,437
  • Jan 11, 2023 6:14pm Jan 11, 2023 6:14pm
Quoting Tekkies
{quote} Yes, it does repaint on chart refresh. Not all crossover get repainted. - It happens when the green line criss/cross the red line during the time-period. --- Did you placed a buy order on AUDUSD? That mystical 7068 level Vincent forecasted won't be reached today.
Yes I did. It hasnt moved anywhere, im 7 pips down currently.

I'm thinking I'll leave the trade in for now, but close before CPI if its not moving yet.
I found out that AUDUSD is correlated to S&P/Nasdaq, and both had a good few days.
Trade is still above my S/R level and TDI short signal failed, both TDI and Stoch look like to be turning up.

https://www.tradingview.com/x/30l9AJZ0/
  • #137,438
  • Jan 11, 2023 6:46pm Jan 11, 2023 6:46pm
Quoting Tekkies
{quote} Yes, it does repaint on chart refresh. Not all crossover get repainted. - It happens when the green line criss/cross the red line during the time-period. --- Did you placed a buy order on AUDUSD? That mystical 7068 level Vincent forecasted won't be reached today.
So for me personally repainting indicator is a bit of an issue.
I like to have tradingview fire off alerts when TDI does cross. Repainting indicator would send me false signals. I then look into the trade to see if it's worth taking or not from a top down analysis - first weekly, then daily, then 4 hourly. If it all aligns I will take the trade with pre-dedined risk.
I also built a decision workflow with checklist and I'm working on fine-tuning it.
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  • #137,439
  • Jan 11, 2023 6:50pm Jan 11, 2023 6:50pm
Quoting tassiebear
{quote} Yes I did. It hasnt moved anywhere, im 7 pips down currently. I'm thinking I'll leave the trade in for now, but close before CPI if its not moving yet. I found out that AUDUSD is correlated to S&P/Nasdaq, and both had a good few days. Trade is still above my S/R level and TDI short signal failed, both TDI and Stoch look like to be turning up. https://www.tradingview.com/x/30l9AJZ0/

Daily and Weekly Trading Range

Only a naive trader @Tekkies would expect that 7068 was the target yesterday. Simply too stupid to post such crap nonsense everyday.

Attached Image (click to enlarge)
Click to Enlarge Name: AU Jun12 ADR 100days 12-1-2023 8-42-05 am.png Size: 17 KB


Attached Image (click to enlarge)
Click to Enlarge Name: AU ADR weekly 12-1-2023 8-46-52 am.png Size: 33 KB


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #137,440
  • Jan 11, 2023 6:57pm Jan 11, 2023 6:57pm
[quote=Tekkies;14284718]{quote} Yes, it does repaint on chart refresh. Not all crossover get repainted. - It happens when the green line criss/cross the red line during the time-period./quote]


@Tekkies is WRONG again!

The Traders Dynamic Index repaints its history regardless of the chart being refreshed or not.

The repainting is not a problem because we trade the Price Action and Price Action does not repaint. The OP claimed to make money trading with his TDI#25 and I have been trading for more than 10 years and this TDI#25 is not a problem when I follow the Price Action and I do not need to refresh my charts when I am trading.

The SAGA of the TDI

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