• Home
  • Forums
  • Trades
  • News
  • Calendar
  • Market
  • Brokers
  • Login
  • Join
  • 6:54pm
Menu
  • Forums
  • Trades
  • News
  • Calendar
  • Market
  • Brokers
  • Login
  • Join
  • 6:54pm
Sister Sites
  • Metals Mine
  • Energy EXCH
  • Crypto Craft

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Trading Made Simple the right way, and other trading lessons 329 replies

Monitor for 'Trading Made Simple' system 562 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

  • Trading Systems
  • /
  • Reply to Thread
  • Subscribe
  • 65,924
Attachments: Trading Made Simple
Exit Attachments
Tags: Trading Made Simple
Cancel

Trading Made Simple

  • Last Post
  •  
  • 1 71387139Page 714071417142 7156
  • 1 Page 7140 7156
  •  
  • Post #142,781
  • Quote
  • Sep 18, 2023 7:28am Sep 18, 2023 7:28am
  •  emmanuel7788
  • Joined Nov 2008 | Status: Member | 42,931 Posts
EURNZD Sep 18

- once you have mastered the 5-Method, TMS_V19 expert advisor is a good tool to scan all the pairs and look for the best trade setup.

Attached Image (click to enlarge)
Click to Enlarge

Name: EURNZD Sep18 18-9-2023 7-20-00 pm.png
Size: 45 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
 
 
  • Post #142,782
  • Quote
  • Sep 18, 2023 7:30am Sep 18, 2023 7:30am
  •  emmanuel7788
  • Joined Nov 2008 | Status: Member | 42,931 Posts
USDCHF Sep 18

- the market type conditions is obvious and when there is a preferred trade setup TMS_V19 EA will send you the alert

- no need to sit in front of your computer for hours

Attached Image (click to enlarge)
Click to Enlarge

Name: USDCHF Sep18 18-9-2023 7-20-53 pm.png
Size: 44 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
 
 
  • Post #142,783
  • Quote
  • Sep 18, 2023 7:35am Sep 18, 2023 7:35am
  •  emmanuel7788
  • Joined Nov 2008 | Status: Member | 42,931 Posts
30 minutes to New York market session open,

just one glance at TMS Monitor dashboard I know which pair has potential setup

you can see the current 4hr candle in action, then wait for the 1hr setup

TMS Monitor Sep 18 7:30AM EST

Attached Image (click to enlarge)
Click to Enlarge

Name: TMS Monitor 4H and 1H pre-NYO 18-9-2023 7-31-22 pm.png
Size: 33 KB


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
 
 
  • Post #142,784
  • Quote
  • Sep 18, 2023 7:39am Sep 18, 2023 7:39am
  •  emmanuel7788
  • Joined Nov 2008 | Status: Member | 42,931 Posts
Quoting emmanuel7788
Disliked
30 minutes to New York market session open, just one glance at TMS Monitor dashboard I know which pair has potential setup you can see the current 4hr candle in action, then wait for the 1hr setup TMS Monitor Sep 18 7:30AM EST {image} ...
Ignored

NZDUSD Sep18 EST 7:35am

- easy decision when I get an alert


Attached Image (click to enlarge)
Click to Enlarge

Name: USDNZD Sep18 pre-NYO 18-9-2023 7-36-27 pm.png
Size: 33 KB


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
 
 
  • Post #142,785
  • Quote
  • Sep 18, 2023 7:47am Sep 18, 2023 7:47am
  •  emmanuel7788
  • Joined Nov 2008 | Status: Member | 42,931 Posts
Quoting emmanuel7788
Disliked
EURNZD Sep 18 - once you have mastered the 5-Method, TMS_V19 expert advisor is a good tool to scan all the pairs and look for the best trade setup. {image} ...
Ignored

EN Sep18 M15

- choppy M15

- need a good H4 to set this moving

Attached Image (click to enlarge)
Click to Enlarge

Name: EURNZD Sep18 m15 need a H4 18-9-2023 7-45-53 pm.png
Size: 36 KB




...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
 
 
  • Post #142,786
  • Quote
  • Sep 18, 2023 9:07am Sep 18, 2023 9:07am
  •  tommydoginti
  • Joined Oct 2020 | Status: Member | 3,119 Posts
Quoting eelfranz
Disliked
Hi Everyone .... Hope the week is going well for you all. Any questions? PM me. My favorite plays are 32% up and 68% down on the TDI. You have to check your TDI every time a new candle appears. OFTEN TIMES I'll check the current candle several times during the trade. Just my routine. Do what works for you .................. {image}
Ignored
About TDI being heart of the TMS method.

#11148
Hi Everyone ....

Hope the week is going well for you all.

Any questions? PM me.

My favorite plays are 32% up and 68% down on the TDI.



Combine this with BigE’s TMS TDI signal with Price Action in #647

Attached Image (click to enlarge)
Click to Enlarge

Name: 528994A2-7816-45E5-B829-D95250A54EC2.jpeg
Size: 864 KB
 
 
  • Post #142,787
  • Quote
  • Sep 18, 2023 9:42am Sep 18, 2023 9:42am
  •  emmanuel7788
  • Joined Nov 2008 | Status: Member | 42,931 Posts
Quoting emmanuel7788
Disliked
30 minutes to New York market session open, just one glance at TMS Monitor dashboard I know which pair has potential setup you can see the current 4hr candle in action, then wait for the 1hr setup TMS Monitor Sep 18 7:30AM EST {image} ...
Ignored
USDCAD Sep18 consolidation breakout #647

- simple and easy when you know how

Attached Image (click to enlarge)
Click to Enlarge

Name: UCad Sep18 H4 1200 MC breakout 18-9-2023 9-39-46 pm.png
Size: 43 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
 
 
  • Post #142,788
  • Quote
  • Sep 18, 2023 9:49am Sep 18, 2023 9:49am
  •  emmanuel7788
  • Joined Nov 2008 | Status: Member | 42,931 Posts
Quoting eelfranz
Disliked
Hi Everyone .... Hope the week is going well for you all. Any questions? PM me. My favorite plays are 32% up and 68% down on the TDI. You have to check your TDI every time a new candle appears. OFTEN TIMES I'll check the current candle several times during the trade. Just my routine. Do what works for you .................. {image}
Ignored

#11,148

Attached Image (click to enlarge)
Click to Enlarge

Name: Big E #11,148.png
Size: 74 KB



and

#1967

Attached Image (click to enlarge)
Click to Enlarge

Name: Big E #1967 chart weekly sell.png
Size: 67 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
 
 
  • Post #142,789
  • Quote
  • Sep 18, 2023 9:51am Sep 18, 2023 9:51am
  •  emmanuel7788
  • Joined Nov 2008 | Status: Member | 42,931 Posts
Quoting emmanuel7788
Disliked
{quote} #11,148 {image} and #1967 {image} ...
Ignored

and that failed Weekly sell trade from 68-level

Attached Image (click to enlarge)
Click to Enlarge

Name: Big E #1967 Weekl sell date and time.png
Size: 73 KB



Attached Image (click to enlarge)
Click to Enlarge

Name: Big E #1967 chart weekly sell(comments2).png
Size: 73 KB


lesson learned from #11148 and #1967

Do Not trade TDI signal when there is a big candle WCC ...

Do Not trade TDI signal when there is Master Candle

>>> No Statistical Edge

Attached Image (click to enlarge)
Click to Enlarge

Name: 2R Expectancy.png
Size: 45 KB



...



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
 
 
  • Post #142,790
  • Quote
  • Sep 18, 2023 9:57am Sep 18, 2023 9:57am
  •  emmanuel7788
  • Joined Nov 2008 | Status: Member | 42,931 Posts
GBPUSD Sep18 H4 New York 10am

- price back to Day Open

- TDI near 32-level

Attached Image (click to enlarge)
Click to Enlarge

Name: GBPUSD Sep 18 PA back to Day Open 18-9-2023 9-55-39 pm.png
Size: 40 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
 
 
  • Post #142,791
  • Quote
  • Sep 18, 2023 10:01am Sep 18, 2023 10:01am
  •  emmanuel7788
  • Joined Nov 2008 | Status: Member | 42,931 Posts
Quoting korosh1350
Disliked
{quote} hi emmanuel i really appreciate your advices . i wanna share something with you . you sent me a pdf about HVR NR4/IB really amazing . i cannot find HVR indicator on mt4 do you have it? you are winner with a very vast knowledge i am sure about it . i think tommy is winner too he is a clever one although with 2 years of experience he choose a strong pattern and focuses just on this pattern and can make money i never saw he speak about anything expect H and L I know I am more experienced and may be have more knowledge than him but he can made...
Ignored

Sep 18 today's AUS200 sell trade

- Follow Weekly market type II

- Follow Daily candle price action

- Entry H1 with Opening Range breakout

> two sell entries with AEP

> manage Exit with R and R-Multiple


Attached Image (click to enlarge)
Click to Enlarge

Name: AUS200 Sep18 Sell AEP SL TP 18-9-2023 9-41-48 am.png
Size: 22 KB




...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
 
 
  • Post #142,792
  • Quote
  • Sep 18, 2023 12:15pm Sep 18, 2023 12:15pm
  •  tommydoginti
  • Joined Oct 2020 | Status: Member | 3,119 Posts
Quoting tommydoginti
Disliked
{quote} About TDI being heart of the TMS method. #11148 Hi Everyone .... Hope the week is going well for you all. Any questions? PM me. My favorite plays are 32% up and 68% down on the TDI. Combine this with BigE’s TMS TDI signal with Price Action in #647 {image}
Ignored
Got questions regarding trading TMS in range.

Same rules, follow TDI signal and confirm with Price Action. Start with the basic 1 element.

Previous Highs and Lows

SL at previous H/L.

Attached Image (click to enlarge)
Click to Enlarge

Name: 26C8B298-1AF9-4411-8FD8-7FB2BD6B6AAA.jpeg
Size: 776 KB
 
 
  • Post #142,793
  • Quote
  • Sep 18, 2023 12:24pm Sep 18, 2023 12:24pm
  •  RodrigoFxbr
  • | Joined Aug 2023 | Status: Member | 8 Posts
Now I'm in doubt whether this forum is for studies or about personal fights.
 
 
  • Post #142,794
  • Quote
  • Sep 18, 2023 12:43pm Sep 18, 2023 12:43pm
  •  tommydoginti
  • Joined Oct 2020 | Status: Member | 3,119 Posts
Quoting RodrigoFxbr
Disliked
Now I'm in doubt whether this forum is for studies or about personal fights.
Ignored
Hi RodrigoFxbr,

I have the same feeling like you. For the past 10+ years there is a troll Emmanuel7788 on this thread antagonising other traders.

Whenever I engage in a trading discussion the troll will just start personal attacks. Turns out it is because of his mental issues. Never a “fight” here as I am just focusing on trading discussion. However I have to remind readers of his mental problems should he starts personal attacks to traders here.

As you are studying TMS method, my advice from experience is just read all of BigE’s posts in this thread to start with, before reading recent posts. Then you will know what is relevant to TMS method. I spent time to study the old posts, summarised the TMS rules and started trading TMS before starting to share my TMS trades here.

Trade well.

Attached Image (click to enlarge)
Click to Enlarge

Name: B469660B-7DBE-418C-9B1A-CC763982405B.jpeg
Size: 499 KB
 
 
  • Post #142,795
  • Quote
  • Sep 18, 2023 12:48pm Sep 18, 2023 12:48pm
  •  tommydoginti
  • Joined Oct 2020 | Status: Member | 3,119 Posts
Quoting emmanuel7788
Disliked
{quote} #11,148 {image} and #1967 {image} ...
Ignored
Attached Image (click to enlarge)
Click to Enlarge

Name: 3BDBA9E1-1D73-45A7-B810-D47A73CAF2F0.png
Size: 64 KB


#1967
This was a valid TMS sell setup.

The problem here is BigE broke his rule of putting the SL at last H/L.

TMS traders selling the TDI cross down from 68 would profit from the trade

Another consideration is Last Reversal (Price Action #647). Price made a Higher Low before breaking support and caused the last down swing. Rejection at the entry expected to be weak.

nevertheless it could be a winning trade if SL was placed as of BigE’s TMS.

(this candle closed on 9 May2011)
Attached Image (click to enlarge)
Click to Enlarge

Name: 0647EAFA-387F-481C-AAE6-82F5E2BC4EE3.jpeg
Size: 879 KB
 
 
  • Post #142,796
  • Quote
  • Sep 18, 2023 1:01pm Sep 18, 2023 1:01pm
  •  efestus
  • Joined Dec 2014 | Status: Meditating | 178 Posts
Who can create an alert EA/indicator for free please,
On mt4 please
Motivation is what gets you started. Habit is what keeps you going
 
 
  • Post #142,797
  • Quote
  • Sep 18, 2023 5:22pm Sep 18, 2023 5:22pm
  •  emmanuel7788
  • Joined Nov 2008 | Status: Member | 42,931 Posts
Quoting efestus
Disliked
Who can create an alert EA/indicator for free please, On mt4 please
Ignored
What alert EA/Indicator do you need for Trading Made Simple?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
 
 
  • Post #142,798
  • Quote
  • Sep 18, 2023 5:45pm Sep 18, 2023 5:45pm
  •  emmanuel7788
  • Joined Nov 2008 | Status: Member | 42,931 Posts
Quoting tommydoginti
Disliked
{quote} {image} #1967 This was a valid TMS sell setup. The problem here is BigE broke his rule of putting the SL at last H/L. TMS traders selling the TDI cross down from 68 would profit from the trade Another consideration is Last Reversal (Price Action #647). Price made a Higher Low before breaking support and caused the last down swing. Rejection at the entry expected to be weak. nevertheless it could be a winning trade if SL was placed as of BigE’s TMS. (this candle closed on 9 May2011) {image}
Ignored
hey TMS Folks,

@tommydog... got several things wrong here. He did not pay attention to details and he did not read all the post in this thread.

That #1967 Weekly sell trade is not a valid 5-Method setup because there is no swing high True REVERSAL on that weekly chart.

That #1967 is also not a valid TMS trade on that Weekly candle because that Weekly candle is a big candle according to #647 rule, and on a Weekly chart that candle is a wide range candle and its a WCC. Most trades with TDI cross after a WCC are fail trades. It does not matter if the TDI cross is at the 68-level or 32-level.
TMS traders must learn how to trade all different market type conditions with Dean Malone created Trader Dynamic Index.
The OP only used the TDI green and red lines because he was a scalper.

Traders here wanting success need to spend a lot of hours reading, studying and learning from all posts about how to trade with the TDI by Dean Malone. The OP Big E himself spent more than 6,000 hours in addition to the 10+ years he had trading the US stock market.

On that #1967 post and chart, pay attention to details of how the Op Big E traded and when he open his sell position.
His sell entry was not at the open of that Weekly candle which was his New York Sunday 5pm.

Attached Image (click to enlarge)
Click to Enlarge

Name: Big E #1967 chart weekly sell.png
Size: 67 KB



more detailed study coming up...

its going to be good.

Stay Tuned !

...



Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
 
 
  • Post #142,799
  • Quote
  • Sep 18, 2023 6:23pm Sep 18, 2023 6:23pm
  •  emmanuel7788
  • Joined Nov 2008 | Status: Member | 42,931 Posts
Its going to be a good trading week for TMS 5-Method traders ... only those who have mastered the method...

I like all the red coded news/events.

Attached Image (click to enlarge)
Click to Enlarge

Name: FF Cal NY Sep18 19-9-2023 6-18-05 am.png
Size: 41 KB

Quoting eelfranz
Disliked
Unless you mastered this method already... keep the questions or concerns coming. Post your Demo trades too. Continue making Demo trades to build your confidence and study old charts where the TDI gives clean signals... it will pay you in spades... well, pips in our case...
Ignored
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
 
 
  • Post #142,800
  • Quote
  • Sep 18, 2023 6:36pm Sep 18, 2023 6:36pm
  •  emmanuel7788
  • Joined Nov 2008 | Status: Member | 42,931 Posts
Quoting RodrigoFxbr
Disliked
Now I'm in doubt whether this forum is for studies or about personal fights.
Ignored
hi @RodrigoFxbr

The OP started this thread to help traders. Therefore we should be focus on trading ... in the same spirit and decorum the late OP has for his thread ... sharing and caring for fellow members and traders here.

In case, you did not read all the OP's post in FF, I suggest you spend your time and do so.

I made this summary below and hope this can get you started quickly.

==============================================================

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
 
 
  • Trading Systems
  • /
  • Trading Made Simple
  • Reply to Thread
    • 1 71387139Page 714071417142 7156
    • 1 Page 7140 7156
22 traders viewing now
  • More
Top of Page
  • Facebook
  • Twitter
About FF
  • Mission
  • Products
  • User Guide
  • Media Kit
  • Blog
  • Contact
FF Products
  • Forums
  • Trades
  • Calendar
  • News
  • Market
  • Brokers
  • Trade Explorer
FF Website
  • Homepage
  • Search
  • Members
  • Report a Bug
Follow FF
  • Facebook
  • Twitter

FF Sister Sites:

  • Metals Mine
  • Energy EXCH
  • Crypto Craft

Forex Factory® is a brand of Fair Economy, Inc.

Terms of Service / ©2023