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Trading Made Simple

  • #143,361
  • Oct 5, 2023 9:37am Oct 5, 2023 9:37am
Quoting tommydoginti
{quote} {image} Trading BigE’s TMS for reversal. Using TDI cross with Price Action of post #647 Previous Highs and Lows Trend LHLL formation marks the downtrend. {image}
GU buy.

trading with BigE’s TMS method

TDI cross up with price retesting previous low and rejected.

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  • #143,362
  • Oct 5, 2023 10:13am Oct 5, 2023 10:13am
Quoting Tekkies
{quote} Rather a mouthful to say > Stay Tuned for TMS_EVO advance forex trading with 5-min MOMO. Obviously you missed this from that pdf {image} Anyway, Vincent if you are so profitable you claim to be why do you need to "improve" your method. Does the old one not working so well after all?
I don’t see any reasons to change the rules of BigE’s TMS when it is working and profitable.

TDI is used in TMS method to signal trade timing. There is no point explaining the TDI signals in other ways. This just ruin the simplicity of TMS and not helping.

The way to go is to use other rules of TMS to identify the TDI signals to trade.

The key to this method is the Traders Dynamic Index indicator for entries and exits.

But TMS traders do not blindly trade every TDI signals

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  • #143,363
  • Oct 5, 2023 6:04pm Oct 5, 2023 6:04pm
Quoting emmanuel7788
{quote} @tommydog.... Big E' TMS 5-Method will NOT work in narrow ranged sideways market type conditions.... Market Type 3. You need more technical analysis chartist skills to see the Market Types on Price Action charts. Big E' TMS 5-Method works well in both Trend Market Type 1 and Sideways Wide Range Market Type 2. Remember TMS 5-Method is to look for potential swings of 3 to 8 candles. You need to study the Stoch(8,3,3) and use that to help you see the market type conditions and spot the ranging market swings of 3 to 8 candles. Start with this...
Hi Emmanuel,

Could you explain or point me to the threads where I can learn about the market type conditions with the Stoch(8,3,3)? Thank you.
  • #143,364
  • Oct 5, 2023 6:34pm Oct 5, 2023 6:34pm
This is going to be good!!!
  • #143,365
  • Oct 5, 2023 7:43pm Oct 5, 2023 7:43pm
Quoting kizan
{quote} Hi Emmanuel, Could you explain or point me to the threads where I can learn about the market type conditions with the Stoch(8,3,3)? Thank you.

hi @kizan

I know you have the commitment and work diligently to improve your trading That's very encouraging to me to keep on helping people here.

But be careful that doing too much in a short time can wear you down and you will be overwhelmed by the overload of information.

First, the OP eric aka Big E started out like all forex newbie her in Forex Factory in 2008. Prior top that, he and I were trading the US stock market and happened that we both living across the Pacific ocean have the same trading coach. Under that coach we traded naked bar charts.

You will read about a brief history how Big E started in post #110.

Then you jump to this post #296 where he claimed to make profit every day with the Stochastics.

The Stochastics indicator is an oscillator like the several others common technical studies you find in most trading platforms.

You can learn about the Stochastics here:
https://forex-indicators.net/stochastic

The Stoch (8,3,3) will show you the market conditions on the chart timeframe you are trading and you need to do the top down analysis with the Weekly, Daily and then the H4 which is the trading timeframe. This is the Tripe Screen Trading System approach by Dr Alexaner Elder. where he uses the MACD.

Why did Big E add the TDI to his trading when he was already making daily profits?

Why did he add the TDI ... another lagging indicator and repaints when charts are refreshed? This is the 'little secret' puzzle wand most here did not solve.

more soon.../
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #143,366
  • Oct 5, 2023 7:54pm Oct 5, 2023 7:54pm
Quoting Tekkies
This is going to be good!!!

GU Oct05 hitting R1 and take profit was good enough for intraday exit.

- simple entry and simple exit at R1 with R:R 1:2

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #143,367
  • Oct 5, 2023 8:04pm Oct 5, 2023 8:04pm
Quoting Tekkies
This is going to be good!!!

@Tekkies

EU was also good ... buy above Daily Open and Pivot and target R1 .... modest profit.

Know when to use the ADR and Pivots for exits.... this is also simple.

EU Oct05 intraday exits.


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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #143,368
  • Oct 5, 2023 8:07pm Oct 5, 2023 8:07pm
Quoting emmanuel7788
{quote} hi @kizan I know you have the commitment and work diligently to improve your trading That's very encouraging to me to keep on helping people here. But be careful that doing too much in a short time can wear you down and you will be overwhelmed by the overload of information. First, the OP eric aka Big E started out like all forex newbie her in Forex Factory in 2008. Prior top that, he and I were trading the US stock market and happened that we both living across the Pacific ocean have the same trading coach. Under that coach we traded naked...
Hi Emmanuel,

Understood! Thank you for the clarification. I will go through these posts first. Thank you!
  • #143,369
  • Oct 5, 2023 8:16pm Oct 5, 2023 8:16pm
Quoting Tekkies
Little bit of post#647 {image}(XAUUSD M15) Where price is now, there is a support level, is price going to break that level or bounce back up? > Only time will tell.

that's a simple question...

Daily HA will still be read ....

and my AEP and CSTSL protected above Oct04 HA Open


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Trading Made Simple is easy with Daily HA candles ...


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #143,370
  • Oct 5, 2023 8:22pm Oct 5, 2023 8:22pm
Quoting Tekkies
{quote} Enagy, there is no shame in being a "indi trader". ---- All that TDI green cross red does is to inform the trader that > this bar < (where the cross - over happened) is the bar where a possible trade can be entered. It is still up to the trade to use price action (post#647) to put the odds in his favour. {image}

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@Tekkies

That's the wrong way to trade TMS MEME.

You put too much risk in that one trade.

Big E post #7555

>>>> "do not put all eggs in one basket" .... you risk everything in one trade.

TMS MEME is a Money Management strategy using basket trading and proper use of risk control with Position Sizing of the trade baskets. TMS MEME traders we focus on how to build positions in the market with smaller initial risk.

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #143,371
  • Oct 5, 2023 8:35pm Oct 5, 2023 8:35pm
Quoting Tekkies
{quote} Enagy, there is no shame in being a "indi trader".
@Tekkies

There is also no shame when you blow an account, right?

Remember today is Friday. Big E did not trade Friday like today.

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #143,372
  • Oct 5, 2023 8:41pm Oct 5, 2023 8:41pm
Quoting Enagy
The one that displayed on my chart is vol 20 so what volume is your bro{image}

@Enagy

You have an 'ancient' problem with that version mini-charts 2.0 and Windows PC..... missing fonts.

I see how to help you later after I check a few things when I can re-boot my 15 years old PC.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #143,373
  • Oct 5, 2023 8:57pm Oct 5, 2023 8:57pm
Quoting Tekkies
Hey Vincent, have notice that your are rather good in hindsight trading. Post 143,245 > its easy to see those HHHL and LHLL on old charts ... that's hindsight trading Post 143,300{image} Don't do what you accuse other members of doing Vincent.

Yesterday's example when we learn from Big E' posts #8906 Price Action


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Trading is NOT difficult when you have the trading skills.



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #143,374
  • Oct 5, 2023 9:48pm Oct 5, 2023 9:48pm
Quoting Tekkies
{quote} Enagy, there is no shame in being a "indi trader". ---- All that TDI green cross red does is to inform the trader that > this bar < (where the cross - over happened) is the bar where a possible trade can be entered. It is still up to the trade to use price action (post#647) to put the odds in his favour. {image}
That is why BigE developed the TMS method: make trading simple.

We have seen traders wanting to use things like candlestick pattern to EXPLAIN the TDI crosses.

Spending too little time to study the TMS price actions that are used to pick the TDI signals that are valid TMS setups.
Previous highs and lows
Trend
Rejections and reversals

For XAUUSD, there were TMS sell setups on different timeframes. TMS traders on different timeframes trading XAUUSD would all sell at some point.

trade well

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  • #143,375
  • Oct 5, 2023 10:18pm Oct 5, 2023 10:18pm
Quoting tommydoginti
{quote} That is why BigE developed the TMS method: make trading simple. We have seen traders wanting to use things like candlestick pattern to EXPLAIN the TDI crosses. Spending too little time to study the TMS price actions that are used to pick the TDI signals that are valid TMS setups. Previous highs and lows Trend Rejections and reversals For XAUUSD, there were TMS sell setups on different timeframes. TMS traders on different timeframes trading XAUUSD would all sell at some point. trade well {image} {image} {image}

@tommydog....

I still think you do not know whey Big E started this thread.

You started here in Nov 2020 and I still see you make the same mistakes and assumptions most members made here the last 12 years.

Do you see there are no millionaire TMS traders here ?

Do you know the reasons ?

If Eric is alive today, you can be sure I will go to Oregon and kick his butt.



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #143,376
  • Oct 5, 2023 10:59pm Oct 5, 2023 10:59pm
Quoting emmanuel7788
{quote} @tommydog.... I still think you do not know whey Big E started this thread. You started here in Nov 2020 and I still see you make the same mistakes and assumptions most members made here the last 12 years. Do you see there are no millionaire TMS traders here ? Do you know the reasons ? If Eric is alive today, you can be sure I will go to Oregon and kick his butt. ...
Hi hater,

I can see you have hatred towards BigE’s TMS method and TMS traders.

If you are unable to learn and trade BigE’s TMS method, you can simply move on.

Good luck.
  • #143,377
  • Oct 5, 2023 11:12pm Oct 5, 2023 11:12pm
Quoting tommydoginti
{quote} Although TMS works with ranging market, it is good to start with trend trading with TMS rules to start with. Use #647 Previous Highs and Lows to determine trade direction and enter at TDI crosses. If the price retested previous H/L, rejected from there and form TMS setup it would be one more confluence. {image} {image}
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A recurring question on TMS trend trading with TDI signals and Price Action in post #647.

It is good to start with the basic
previous highs and lows
trend

HHHL, LHLL are the price actions to determine up and down swing.

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  • #143,378
  • Oct 5, 2023 11:18pm Oct 5, 2023 11:18pm
Quoting tommydoginti
{quote} {image} A recurring question on TMS trend trading with TDI signals and Price Action in post #647. It is good to start with the basic previous highs and lows trend HHHL, LHLL are the price actions to determine up and down swing. {image}
Another example, traders just begin with TMS can start with the basic HHHL LHLL to determine trend with previous highs and lows. (#647)

Then enter trades with TDI cross in the trend direction

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  • #143,379
  • Oct 6, 2023 12:02am Oct 6, 2023 12:02am
Quoting tommydoginti
{quote} {image} A recurring question on TMS trend trading with TDI signals and Price Action in post #647. It is good to start with the basic previous highs and lows trend HHHL, LHLL are the price actions to determine up and down swing. {image}
About BigE mentioning TDI as heart of the method

TDI green and red line signals indicate trade timing for TMS setups. It is a lagging indicator that reacts to the price movement.

No one can predict the future. TMS traders react to the market, trading to be correct rather than be the first.

with Price Action confirmation, TMS method can prevent traders from entering losing positions, such as trading into consolidation


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  • #143,380
  • Oct 6, 2023 12:11am Oct 6, 2023 12:11am
Quoting eelfranz
1st Trading Chart... Note on the TDI showing your entry set ups... green crossing red enter on that new PA candle... {image}
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Post #2 Training chart

I love this training chart but this did not help anyone here in the last 12 years.

If training chart did help, then where are all the millionaire TMS traders.

Since the OP passed away, we see many new members come here and make false claims and we read them every week.
You see anyone can come here and post lots of charts with hindsight and ... say buy here ... sell there .... bla bla bla .... that's how trading gurus teach paper trading on old charts. Now they teach using the OP' 12 years old training charts.
There are another kind of trading gurus here in the last 12 years.... fake traders.
These fake traders have been called out by other members in the past and I will call them out when I see them.

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