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Monitor for 'Trading Made Simple' system 565 replies

Trading Made Simple the right way, and other trading lessons 334 replies

Indicators for the 'Trading Made Simple' system 343 replies

MTF Indicators for the 'Trading Made Simple' system 241 replies

Trading Made Simple system follower - Thanks to eelfranz 9 replies

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Trading Made Simple

  • #138,761
  • Mar 20, 2023 6:56am Mar 20, 2023 6:56am
Quoting tommydoginti
{quote} {image} G’day from down under. About trade routine. I trade when I have time, usually during work from home. A bit like how BigE traded during his night time post #11 My page when I open up my charts. I just glance at the TDI for set ups when the new candle opens... If I see a set up... green just crossing red I'll take the trade, turn off the puter and go to bed. Four hours later (1:50am) my alarm goes off for the new candles and I take a peek... I use #647 price actions to determine the price levels and direction of trade. Then set alerts...
Back to Hong Kong from Sydney. Weather was so nice last week. also finishing with a good GU buy.

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  • #138,762
  • Mar 20, 2023 6:59am Mar 20, 2023 6:59am
Quoting tommydoginti
{quote} Back to Hong Kong from Sydney. Weather was so nice last week. also finishing with a good GU buy. {image}{image}
GU buy.

BigE’s TMS

only 3 elements.
Uptrend
Prev L retested
TDI green cross red up

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#647
Your safest trades will always be when green crosses red and you enter on candle 1 or 2... odds are in your favor. Why? Because I'm expecting 3-8 candles... which is average...

With bounce trades the odds are lower for your success... but it still works.

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 reversal... big, little, what
  • #138,763
  • Mar 20, 2023 7:00am Mar 20, 2023 7:00am
Quoting tommydoginti
{quote} GU buy. BigE’s TMS only 3 elements. Uptrend Prev L retested TDI green cross red up {image} #647 Your safest trades will always be when green crosses red and you enter on candle 1 or 2... odds are in your favor. Why? Because I'm expecting 3-8 candles... which is average... With bounce trades the odds are lower for your success... but it still works. 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......
Buy in an uptrend, away from lows.

Use #647 price actions
Previous Highs and Lows.

HHHL, up trend
LHLL, down

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#6
We Enter a trade when green crosses red on the TDI at the beginning of that candle... If it's candle 3 or more don't enter... find another trade set up. The only exception is if green bounces off red and continues... it's ok to re-enter on the bounce...
  • #138,764
  • Mar 20, 2023 7:18am Mar 20, 2023 7:18am
Quoting emmanuel7788
TMS Monitor Mar20 Tokyo Open - pick the 'early bird special' - but remember the second mouse will get to the cheese. {image}

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...
AJ Mar20 'early bird trade' closed

- +10pips, +25pips and +20pips CSTSL stopped out

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #138,765
  • Edited 7:44am Mar 20, 2023 7:23am | Edited 7:44am
[quote=emmanuel7788;14366984]Arjun candle is one of my top ten favourite Price Action trade setups which I have included with Post#647 those who have read and learned the Arjun candle trades here below links: #138,709 https://www.forexfactory.com/thread/...2#post14364102 #138,529 https://www.forexfactory.com/thread/...7#post14353757 EurGbP Mar 20 trade - H4 Pin Bar at 10EMA

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{image}


EG Mar20 trades closed

- +10pips, +25pips, and +20pips CSTSL

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..
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #138,766
  • Mar 20, 2023 7:43am Mar 20, 2023 7:43am
Quoting trinitygtx
{quote} errr... i am still reading beginning page... where can i find dynamic entry ? === update found the post about tms_v19, im gonna read
Big E did not post any live market charts to show how he enter a trade using HA candle #1.

He did answer one question:
https://www.forexfactory.com/thread/...78#post4803578

Taking reversal trades with dynamic entry before the setup candle close is very risky. I don't recommend this.
I prefer dynamic entry only after a swing high / swing low True REVERSAL setup has been confirmed, then taking a lower timeframe trade entry during APB/HA candle#3 and #4 are possible.

I'll look for live market example and post them here.

EN Mar20 H4 and H1

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #138,767
  • Mar 20, 2023 8:01am Mar 20, 2023 8:01am
Quoting emmanuel7788
Arjun candle is one of my top ten favourite Price Action trade setups which I have included with Post#647 those who have read and learned the Arjun candle trades here below links: #138,709 https://www.forexfactory.com/thread/...2#post14364102 #138,529 https://www.forexfactory.com/thread/...7#post14353757 EurGbP Mar 20 trade - H4 Pin Bar at 10EMA {image}...

XAUUSD Mar20 H4 Post#647 Price Action trade

- H4 Pin Bar

> this is not Arjun candle unlike the other trades

> the H4 Pin Bar is also a H1 swing high reversal


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #138,768
  • Mar 20, 2023 11:34pm Mar 20, 2023 11:34pm
Adopt a simple and consistent approach with Post#647 and do your Weekly Top Down Analysis to determine the Market Type conditions.
This approach would help you pick the higher probability trade setups every time all the time. After 1000 trades you will know if you have the statistical edge in your trading system.

AJ Mar 21 WTDA for trading today

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- now I be careful when and where I pick a H1 setup for sell


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #138,769
  • Mar 20, 2023 11:46pm Mar 20, 2023 11:46pm
Quoting emmanuel7788
{quote} Reply to PM: what is nr4IB? Download this pdf click {link} also this download {link} ... ...
EN Mar21 H4

- nr4IB examples:

> nr4IB + BUEOB = POP Gun setup.....


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...

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #138,770
  • Mar 21, 2023 12:00am Mar 21, 2023 12:00am
Quoting eelfranz
Entries and exits... We Enter a trade when green crosses red on the TDI at the beginning of that candle... If it's candle 3 or more don't enter... find another trade set up. The only exception is if green bounces off red and continues... it's ok to re-enter on the bounce... Exit your trade when the green TDI line goes flat, starts to hook over or makes a check mark reversal. If you add other things it will influence your decisions... usually to your detrament. Don't try to complicate it thinking it can't be this easy. Important to study TDI entries...
Post#6 Entries and Exits

There is a rule #6
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and there is this exception #351

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> make sure the market type is Trending in your Post#647 Weekly Top Down Analysis

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #138,771
  • Mar 21, 2023 12:14am Mar 21, 2023 12:14am
Tokyo 2pm EST 1am

EurGbp Mar21 WTDA

- this one is very interesting

- anyone here want to post your comments on weekly top down analysis and how you will pick a trade

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #138,772
  • Mar 21, 2023 2:56am Mar 21, 2023 2:56am
WAITING for the London Open ....



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #138,773
  • Mar 21, 2023 3:09am Mar 21, 2023 3:09am
Quoting eelfranz
Vic.... Depending on the amount of time I want to trade I'll cruise the charts in all timeframes... a little variety but 1hr and 4hr are my main charts... It's just after lunch my time (12:45pm Pacific Time) and I am looking at the 1hr charts... There are beautiful long trades on e/u, a/u, g/u (3 amigos) and a/j, e/j. Hope someone caught them...
Do you cruise the charts in all timeframes looking for dynamic entries?

Mar21 Pacific 1am ... still in the 10PM 4hr trade window

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #138,774
  • Mar 21, 2023 3:36am Mar 21, 2023 3:36am
Quoting emmanuel7788
{quote} EN Mar21 H4 - nr4IB examples: > nr4IB + BUEOB = POP Gun setup..... {image} ... {image} ...
aaarrgghhh... i missed so many pipsss......
  • #138,775
  • Mar 21, 2023 3:45am Mar 21, 2023 3:45am
Quoting emmanuel7788
WAITING for the London Open .... {image} ...
Hello can i ask what this indicators name is? thanks in advance
  • #138,776
  • Mar 21, 2023 5:20am Mar 21, 2023 5:20am
Quoting trinitygtx
{quote} aaarrgghhh... i missed so many pipsss......
based on your entry
https://www.forexfactory.com/thread/...6#post14366736

you missed a 5R trade ... this type trades don't come often and you need a few of these every month

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #138,777
  • Mar 21, 2023 6:11am Mar 21, 2023 6:11am
Quoting denmarkzzz
{quote} Hello can i ask what this indicators name is? thanks in advance
indicator cannot do that complex tasks ... only MT4 expert advisor can,

FAQs Frequently Asked Questions:

TMS Monitor

Post#193 for the TMS Monitor tool

setup your charts with those simple tools the way you want to see them and use them. save them as your own templates.

most important is you know the 5-Method and how to trade the 5-Method.

make sure you read that thread for more information how to set up the expert advisor(TMS Monitor).
if you have questions, post and ask.

Be warned: The TMS Monitor is an expert advisor and can be very CPU intensive if you select all pairs in the input parameter.
For optimum performance, I have only up to 28 pairs.
You should consider to select only the pairs you trade and input their symbol in the parameter.

Have fun and enjoy using all the TMS trading tools.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #138,778
  • Mar 21, 2023 6:29am Mar 21, 2023 6:29am
Quoting emmanuel7788
{quote} Do you cruise the charts in all timeframes looking for dynamic entries? Mar21 Pacific 1am ... still in the 10PM 4hr trade window {image} ...
USDCHF Mar21 H4 trade

- with H1 entry

- manage with M15 CSTSL

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #138,779
  • Mar 21, 2023 10:16am Mar 21, 2023 10:16am
Quoting emmanuel7788
{quote} based on your entry https://www.forexfactory.com/thread/...6#post14366736 you missed a 5R trade ... this type trades don't come often and you need a few of these every month {image} ...
I need learn more....
what i do right now, are read this thread, read your charts and other charts and practice op with green cross red, all the basic stuff, sometimes i got confused with my op, but i need more practice, and much more to read....
i want to ask about how to setup op like you, but i think i need to understand basic stuff first...
can you tell me what is Current HA, Current slop and previous slope ?
Thanks b4
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  • #138,780
  • Mar 21, 2023 12:01pm Mar 21, 2023 12:01pm
Quoting emmanuel7788
{quote} EN Mar21 H4 - nr4IB examples: > nr4IB + BUEOB = POP Gun setup..... {image} ... {image} ...
Em, i learn this chart....
i have questions
1. nr4IB triggered, when we enter, enter at the second candle after nr4IB, or enter next candle after nr4IB, both have tdi signal green cross red
2. Same question nr4IB + BUEOB, when we enter the market after candle nr4IB or after candle BUEOB

Thanks
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