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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

  • #142,621
  • Sep 13, 2023 3:29am Sep 13, 2023 3:29am
Quoting eelfranz
Don't get fired ! Just make the necessary transition to trading 4hr charts during the London session... or Daily charts.
#281

When I am trading the 4hr Pacific 10PM 0800 H4 candle now,

I see 'problem' on Weekly and Daily.

On my H4, there is a Master Candle ... CONSOLIDATION #post 647

I do not trade any Stoch and TDI signals when the market is in CONSOLIDATION.

What can I trade?

That's simple - drop down to the 1hr or the M15 and scalp

Attached Image (click to enlarge)
Click to Enlarge Name: GA Sep13 H4 0800 candle 13-9-2023 4-23-13 pm.png Size: 32 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #142,622
  • Sep 13, 2023 3:33am Sep 13, 2023 3:33am
GU Sep13 H4

- this 0800 candle will close soon

- range bound ...

Attached Image (click to enlarge)
Click to Enlarge Name: GU Sep13 at LO2 13-9-2023 4-31-07 pm.png Size: 31 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #142,623
  • Sep 13, 2023 3:45am Sep 13, 2023 3:45am
GJ Sep14 H4

- to catch the next +5R trade wont be easy

- as we see the Weekly is narrow range and choppy

- we have to rely on price action setups and pick top and bottom



Attached Image (click to enlarge)
Click to Enlarge Name: GJ Sep13 H4 weekly choppy 13-9-2023 4-42-56 pm.png Size: 36 KB




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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #142,624
  • Sep 13, 2023 3:54am Sep 13, 2023 3:54am
Quoting emmanuel7788
GJ Sep14 H4 - to catch the next +5R trade wont be easy - as we see the Weekly is narrow range and choppy - we have to rely on price action setups and pick top and bottom {image} ...
How long have you been profitable with TMS? I just relogin FF from last login about 2021
  • #142,625
  • Sep 13, 2023 4:03am Sep 13, 2023 4:03am
EJ Sep13 H4 10am London 5am New York

- very risky with D1 and h1 10EMA 'support' and BRN 158.00

- I would prefer is if this would be a PCRF setup

- anything can happen

Attached Image (click to enlarge)
Click to Enlarge Name: EJ Sep13 H4 1200 open 13-9-2023 5-00-03 pm.png Size: 31 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #142,626
  • Sep 13, 2023 4:09am Sep 13, 2023 4:09am
Quoting emmanuel7788
EJ Sep13 H4 10am London 5am New York - very risky with D1 and h1 10EMA 'support' and BRN 158.00 - I would prefer is if this would be a PCRF setup - anything can happen {image}

this EU Sep13 H4 setup is better but I still consider this 'iffy'

- can scalp

Attached Image (click to enlarge)
Click to Enlarge Name: EU Sep13 H4 1200 candle 13-9-2023 5-08-02 pm.png Size: 36 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #142,627
  • Sep 13, 2023 9:04am Sep 13, 2023 9:04am
Quoting emmanuel7788
{quote} hi @johNal How's your trading? I think you can learn a few more things about how to trade Big E' 5-Method without the use of lagging indicators - Stochastics and TDI, and can achieve higher success like he did. New traders here usually start with the basic TMS and overly dependent on the TDI signals. These TDI based traders will not achieve higher success as what Big E said in his post#2617. {image} By the way, how far have you gone with Blessing3 EA trading? Do you...
Thank you @Emmanuel 7788 for the shout out. Many years back I tried the TMS system, taking every signal I would get but success was very limited. Reading your posts has given me the reason why: TOP DOWN ANALYSIS WAS MISSING! This is the most valuable concept in trading I have learned and it has helped my trading a lot. I am not yet where I want to be in trading but slowly I am getting there. And you are the reason I keep coming to this thread.
  • #142,628
  • Sep 13, 2023 12:33pm Sep 13, 2023 12:33pm
- at a certain time, it will decide which way to go

DUD!!!!!!!!!
Could not help to Laugh Out Loud.

Thanks for the chuckle, Vincent.
  • #142,629
  • Sep 13, 2023 12:38pm Sep 13, 2023 12:38pm
Quoting elvalove10
{quote} How long have you been profitable with TMS? I just relogin FF from last login about 2021
Ask him to make his Trade Explores visible from Jan23.
You will be amazed at all the exquisite excuse made.

That alone is all answer you need.
  • #142,630
  • Sep 13, 2023 5:26pm Sep 13, 2023 5:26pm
Quoting Tekkies
{quote} Ask him to make his Trade Explores visible from Jan23. You will be amazed at all the exquisite excuse made. That alone is all answer you need.

hey @Tekkies

what is an "exquisite excuse" ?

Is @tommydog...' post #142,580 what you consider as exquisite excuse?

Attached Image (click to enlarge)
Click to Enlarge Name: tommydog #142,580 proof proof proof 14-9-2023 6-23-47 am.png Size: 40 KB


see my post#142,608
https://www.forexfactory.com/thread/...3#post14573203


Attached Image (click to enlarge)
Click to Enlarge Name: surrounded by idiots thosmas erikson.png Size: 59 KB




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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #142,631
  • Sep 13, 2023 5:39pm Sep 13, 2023 5:39pm
Quoting Tekkies
- at a certain time, it will decide which way to go DUD!!!!!!!!! Could not help to Laugh Out Loud. Thanks for the chuckle, Vincent.



@Tekkies

Good that you are reading my post for trade ideas.

that would my post #142,620 for EURUSD next big move +9R to +12R trade.
https://www.forexfactory.com/thread/...0#post14573620

Be patient and wait for the next posts.

Meantime, you need to follow Big E' posts and use your brain and go back to babypips.com and start all over again.

You will learn, unlearn and re-learn all the basic forex stuff in post #647 which will help you fill the void in your life..

After that, I have more advance forex trading for you here {link }

With the advance forex trading yiu will have another chance to recover some of your losses since 2017.

For loss recovery, we shall start with this 2021 big ONE which is main cause for your mental breakdown.

Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies Holy Grail TDI with GilR predictive TDI re-post.png Size: 98 KB




Stay Tuned!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #142,632
  • Sep 13, 2023 6:18pm Sep 13, 2023 6:18pm
Quoting emmanuel7788
{quote} EU Sep13 M15 FO and LO - a lot happening around the EMAs 50, 200 and 800 - at a certain time, it will decide which way to go {image} ... {image}
Attached Image (click to enlarge)
Click to Enlarge Name: EU Sep13 0805 M15 before FO 13-9-2023 2-26-53 pm.png Size: 40 KB
post-US CPI data release:

- big candle during the CPI data release 8:30am New York

- did you trade before or after 8:30am

Attached Image (click to enlarge)
Click to Enlarge Name: EU Sep13 post CPI 14-9-2023 6-02-10 am.png Size: 41 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #142,633
  • Sep 13, 2023 6:27pm Sep 13, 2023 6:27pm
Quoting emmanuel7788
{quote} post-US CPI data release: - big candle during the CPI data release 8:30am New York - did you trade before or after 8:30am {image} ... {image}

EU Sep13 US CPI data TMS-II trade

- I trade the 4hr candle before the data release

- TMS-II EA took exit TP1 +10pips

- price pulled back EA exit with Capital Protection BE+2pips

> Do exactly what the OP taught many of us here, scalp the 4hr and trade 1hr during the news release post #11
https://www.forexfactory.com/thread/...56#post4569656

> naked bar chart with APB/HA candles

>>> except for the volatility ... note the HA candles have not change colour

Attached Image (click to enlarge)
Click to Enlarge Name: EU Sep13 H4 CPI 4hr 14-9-2023 7-20-55 am.png Size: 8 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #142,634
  • Sep 13, 2023 6:48pm Sep 13, 2023 6:48pm
Quoting elvalove10
{quote} How long have you been profitable with TMS? I just relogin FF from last login about 2021

hello @elvalove10

Before TMS I was trading COWABUNGA system and made some money.

With Big E' TMS 5-Method, I dropped the MACD and continued with just the RSI and Stoch, then tried Dean Malone' Traders Dynamic Index aka TDI.
Follow Big E' 4H trading and was profitable but not significant amount in money$$$.
I developed TMS-II in 2012 to trade intra-day and also profitable since then.
I went on and developed TMS MEME and 2015 to 2017 was also profitable with published results in FXBlue.
The next big step forward was in 2018, I followed Big E' post #2617 and got rid of both the oscillators Stoch(8,3,3) and the TDI.
The nett result was profitable except for losses when market type condition changed. I manage to recover those losses and improve on the 'cut loss' conditions and exit rules.
"Cut-Losses Short" and "Let Profit Run" is key to making money.

I posted my 2018 TE in this thread:
https://www.forexfactory.com/thread/...1#post12182551

Made +94% in 15 months.... during that TMS-EVO 3-year trade cycle 2018..
There were two periods of drawdown which I experienced and I learn that could have been prevented with Tymen' 2CLB rule.
Since then, 2CLB rule in Money Management and Position Sizing will prevent account from Margin Call.

Attached Image (click to enlarge)
Click to Enlarge Name: TMS EVO 2018 2019 15 months.png Size: 99 KB


There is a TMS Rule of 72 to follow when traders here want to make money consistently.

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #142,635
  • Sep 13, 2023 7:08pm Sep 13, 2023 7:08pm
Quoting emmanuel7788
{quote} The other ADR marker draws the ADR levels - ADR High and ADR Low based on the high-low of the opening H1 candle It will draw the high-low lines using the ADR-5days i.e. 51 pips from H1 opening candle high and low. These levels are dynamic as the intra-day price action will make new high or new low, observe the intraday price movements if you want to trade the reversals and maximize profits based on the market volatility. {image}

Attached Image (click to enlarge)
Click to Enlarge Name: EU Sep13 ADR SM marker 13-9-2023 8-14-39 am.png Size: 27 KB


...

EU Sep13

- hit both ADR Low when there is market volatility

- note the ADR Low was moved to track the day' swing high to the ATR 51pips

- if you had caught the H1 swing high reversal, then the target ADR-Low was good.

- it depends on you and your Exit Strategy
Attached Image (click to enlarge)
Click to Enlarge Name: EU Sep13 ADR Low hit 13-9-2023 8-31-15 pm.png Size: 30 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #142,636
  • Sep 13, 2023 7:13pm Sep 13, 2023 7:13pm
Quoting emmanuel7788
{quote} EU Sep13 - hit both ADR Low when there is market volatility - note the ADR Low was moved to track the day' swing high to the ATR 51pips - if you had caught the H1 swing high reversal, then the target ADR-Low was good. - it depends on you and your Exit Strategy {image} {image}

EU Sep14 H1 Tokyo 9am

- a new day, new ADR levels

- the average 5 days is 53pips


Attached Image (click to enlarge)
Click to Enlarge Name: EU Sep14 H1 ADR Tokyo Open 14-9-2023 8-09-37 am.png Size: 26 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #142,637
  • Sep 13, 2023 7:23pm Sep 13, 2023 7:23pm
Quoting emmanuel7788
{quote} this EU Sep13 H4 setup is better but I still consider this 'iffy' - can scalp {image} ...

that 'iffy' turned out a good scalp #142,663
https://www.forexfactory.com/thread/...7#post14574777


EU Sep14 H1 Tokyo 9:00am

- good PA seen with DIB and nr4IB

- if you know how to trade nr4IB you will get good R:R trades

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Sep14 H4 TOK9am DIB nr4IB 14-9-2023 8-14-28 am.png Size: 38 KB




> note the MAs are nicely stacked MN, W1,D1,H4

> note the "?" against the Daily ... if you know why this "?" then you are good.





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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #142,638
  • Sep 13, 2023 7:37pm Sep 13, 2023 7:37pm
Example of a #2617 TMS 5-Method' Price Action Support/Resistance trade without TDI

- BEEB bar/candle with HA colour change

- Market Type II is sideways ranging to downside

Attached Image (click to enlarge)
Click to Enlarge Name: EA Sep13 H4 BEEB setup entry 14-9-2023 8-26-45 am.png Size: 21 KB

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #142,639
  • Sep 13, 2023 7:41pm Sep 13, 2023 7:41pm
Quoting emmanuel7788
Example of a #2617 TMS 5-Method' Price Action Support/Resistance trade without TDI - BEEB bar/candle with HA colour change - Market Type II is sideways ranging to downside {image} ... ...

EURAUD Sep14 H4

- today AU news/data

- double tops and swing high reversal


Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD Sep14 H4 v3.0 14-9-2023 8-38-46 am.png Size: 34 KB




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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #142,640
  • Sep 13, 2023 7:56pm Sep 13, 2023 7:56pm
Quoting emmanuel7788
{quote} EURAUD Sep14 H4 - today AU news/data - double tops and swing high reversal {image} ...

GBPAUD Sep14 H4

- quite similar PA as EA above post

- except GA has a Master Candle seen farther left and the TMS-II rule is do not trade when PA is inside a MC high-low,

- we drop down to trade the H1 or M15 and we always follow the 4hr rule in post#281 and post #11

Attached Image (click to enlarge)
Click to Enlarge Name: GA Sep14 H4 MC 14-9-2023 8-48-06 am.png Size: 32 KB




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