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Trading Made Simple

  • #143,841
  • Oct 24, 2023 5:56am Oct 24, 2023 5:56am
Quoting emmanuel7788
{quote} Don't be late today Oct 24 EST 1:55am {image} ...

PMI data mixed ... send EU lower

Attached Image (click to enlarge)
Click to Enlarge Name: EU Oct24 H1 CPI data BEEOB 24-10-2023 6-42-33 pm.png Size: 27 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #143,842
  • Oct 24, 2023 6:00am Oct 24, 2023 6:00am
Quoting emmanuel7788
{quote} AJ Oct24 H1 Tokyo 10am update: - price moved higher and hit TP1 +1R level - but had not closed above TP1 +1R level, - trade management rule, > move SL to BE+ only when price closed above TP1 +1R level 4573739 notes: > look at TMS_V19 info display take notes > Trend 2/8 H4 is green ... > TDIC1 H4 is green .... > PA above 5EMA green ... > Stock 72.5 cross between 20 and 80 level is good ... 72.5 strong {image} ...

AJ Oct24 H1 Update London 12pm

- price consolidates around 9520ish

- we wait for NYO then decide

Attached Image (click to enlarge)
Click to Enlarge Name: AJ Oct24 H1 update stall 9520ish 24-10-2023 6-58-20 pm.png Size: 31 KB




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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #143,843
  • Oct 24, 2023 7:29am Oct 24, 2023 7:29am
Quoting emmanuel7788
{quote} AJ Oct24 H1 Tokyo 2PM update - so far so good as price moves higher and 'testing last Friday' Thursday Oct19 high - another H1 Inside Bar breakout potential for possible entry - we are in the next 4hr trade window London 6am and - we face the risks with Frankfurt Open FO and London Open LO - we shall see if today ADR would be the intraday target later - I set my TP at 95.45 and protect at the previous 2HA candle open {image} ...

AJ Oct24 H1 update New York Open'

- its heading in the right direction 95.45

Attached Image (click to enlarge)
Click to Enlarge Name: AJ Oct24 H1 NYO 24-10-2023 8-26-18 pm.png Size: 28 KB




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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #143,844
  • Oct 24, 2023 6:04pm Oct 24, 2023 6:04pm
Quoting emmanuel7788
{quote} AJ Oct24 H1 update New York Open' - its heading in the right direction 95.45 {image} ...

AJ Oct25 Daily

- DIB breakout!

- do you have confidence to trade the Daily?

- you can try TMS MEME for this trade

- or checkout this thread for @mehdi343' Method_1 and Method_2 for higher success
https://www.forexfactory.com/thread/...ree-tdi-system


Attached Image (click to enlarge)
Click to Enlarge Name: AJ Oct25 Daily IB breakout 25-10-2023 6-58-24 am.png Size: 43 KB




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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #143,845
  • Oct 24, 2023 6:08pm Oct 24, 2023 6:08pm
Quoting emmanuel7788
New York Sunday 7:30PM market is open again ... Week 43 Oct 23 to Oct 27, 2023 This is an important week ... Will tell you more ... meanwhile , plan your trade and trade your plan .... ...

This week is an important week!

For those who are confused...

This thread OP' last post Oct 24, 2011 ... he died Oct 2012

Attached Image (click to enlarge)
Click to Enlarge Name: Big E #12,912.png Size: 23 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #143,846
  • Oct 24, 2023 6:15pm Oct 24, 2023 6:15pm
Quoting lynnc
{quote}I know just didn't want to see yet another lot of people coming in here to confuse people.
IF you see people who are confused, simply direct them to that lot of people coming in here .... so that lot of people can explain to the confused people like the way Big E did ...

like for example, "when to exit..."

#7612


Attached Image (click to enlarge)
Click to Enlarge Name: Big E #7612 confusion.png Size: 70 KB


> I have the patience of "Job and Moses" ...

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #143,847
  • Oct 24, 2023 6:35pm Oct 24, 2023 6:35pm
Quoting emmanuel7788
{quote} AJ Oct25 Daily - DIB breakout! - do you have confidence to trade the Daily? - you can try TMS MEME for this trade - or checkout this thread for @mehdi343' Method_1 and Method_2 for higher success https://www.forexfactory.com/thread/...ree-tdi-system {image} ...

AJ Oct25

- if you are trading the 1Hr

1) look for the Price Action setup is most important

- the best setup will have both the Stoch and TDI' RSI green price line with slope > 4.0 default

Attached Image (click to enlarge)
Click to Enlarge Name: AJ Oct25 H1 TMS_V19 setting 25-10-2023 7-28-00 am.png Size: 46 KB





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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #143,848
  • Oct 24, 2023 7:01pm Oct 24, 2023 7:01pm
Learn to read your candles Price Action

GU Daily Piercing candlestick (bar) with small APB/HA body

- some traders take this as a sell condition


Attached Image (click to enlarge)
Click to Enlarge Name: GU Oct25 Daily Piercing candle 25-10-2023 7-57-50 am.png Size: 25 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #143,849
  • Oct 24, 2023 7:10pm Oct 24, 2023 7:10pm
Quoting emmanuel7788
{quote} AJ Oct25 - if you are trading the 1Hr 1) look for the Price Action setup is most important - the best setup will have both the Stoch and TDI' RSI green price line with slope > 4.0 default {image} ...

AJ Oct25 H1 Tokyo Open

- good PA setup candle (Static) setting

- but caution with Stoch above 80-level

> manage and control risks!

Attached Image (click to enlarge)
Click to Enlarge Name: AJ Oct25 H1 TMS_V19 interpretation 25-10-2023 8-06-45 am.png Size: 36 KB




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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #143,850
  • Oct 24, 2023 7:35pm Oct 24, 2023 7:35pm
Quoting emmanuel7788
{quote} AJ Oct25 H1 Tokyo Open - good PA setup candle (Static) setting - but caution with Stoch above 80-level > manage and control risks! {image} ...

Attached Image (click to enlarge)
Click to Enlarge Name: AJ Oct25 H1 TMS_V19 interpretation 25-10-2023 8-06-45 am.png Size: 36 KB

AJ Oct25 H1 Tokyo Open ...Fast-and-Furious

- TP1, TP2 and TP3 hit


Attached Image (click to enlarge)
Click to Enlarge Name: AJ Oct25 H1 TOK 25-10-2023 8-32-02 am.png Size: 34 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #143,851
  • Oct 24, 2023 7:42pm Oct 24, 2023 7:42pm
Quoting emmanuel7788
{quote} AJ Oct25 Daily - DIB breakout! - do you have confidence to trade the Daily? - you can try TMS MEME for this trade - or checkout this thread for @mehdi343' Method_1 and Method_2 for higher success https://www.forexfactory.com/thread/...ree-tdi-system {image} ...

AJ Oct25 Intraday target

- with the Daily IB break

- there is still room for intraday traders target ADR High 95.80ish

Attached Image (click to enlarge)
Click to Enlarge Name: AJ Oct25 H1 ADR High 25-10-2023 8-39-58 am.png Size: 27 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #143,852
  • Oct 24, 2023 7:54pm Oct 24, 2023 7:54pm
Quoting emmanuel7788
{quote} PMI data mixed ... send EU lower {image} ...

EU Oct25

- that Daily Inside Bar breakout failed with PMI data release yesterday

- today we look for sell

Attached Image (click to enlarge)
Click to Enlarge Name: EU Oct25 Daily IB berakout failure PMI data 25-10-2023 8-51-26 am.png Size: 28 KB




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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #143,853
  • Oct 24, 2023 8:03pm Oct 24, 2023 8:03pm
To me before I sell any thing will wait for next h4 close,and if we sell any thing from this point I will take the wave as d1 wave 2 market is a mystery
  • #143,854
  • Oct 24, 2023 10:15pm Oct 24, 2023 10:15pm
Hi Everyone, I am new here. May I know does anyone has Big E personal notes compilation of TMS? Thanks
  • #143,855
  • Oct 24, 2023 11:27pm Oct 24, 2023 11:27pm
Quoting jettli
Hi Everyone, I am new here. May I know does anyone has Big E personal notes compilation of TMS? Thanks
Welcome to Trading Made Simple ...

First time here, start with this summary below,

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

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...

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #143,856
  • Oct 24, 2023 11:31pm Oct 24, 2023 11:31pm
Quoting jettli
Hi Everyone, I am new here. May I know does anyone has Big E personal notes compilation of TMS? Thanks
Another quick start :

You want the Big E pdf or these Best of Big E pdf ...

simply click to download:

Best of Big E - Part 1

Best of Big E - Part 2

But these pdfs are not complete with many missing pieces of the Big E' puzzle ... "the void" which I have filled .... #76,129


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #143,857
  • Oct 24, 2023 11:33pm Oct 24, 2023 11:33pm
Quoting emmanuel7788
{quote} AJ Oct25 Intraday target - with the Daily IB break - there is still room for intraday traders target ADR High 95.80ish {image} ...

Attached Image (click to enlarge)
Click to Enlarge Name: AJ Oct25 H1 ADR High 25-10-2023 8-39-58 am.png Size: 27 KB

AJ Oct25 H1

- hit today's ADR High ...

Attached Image (click to enlarge)
Click to Enlarge Name: AJ Oct25 H1 Tokyo 1022am ADR high hit 25-10-2023 9-22-22 am.png Size: 29 KB




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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #143,858
  • Oct 24, 2023 11:40pm Oct 24, 2023 11:40pm
AJ Oct 25 H4 Tokyo 1:40pm

- the price pulled back

- the TDI shows a good bounce 6.9 and slope 8.0

- the TDI is lagging the price action in real-time market

Attached Image (click to enlarge)
Click to Enlarge Name: AJ Oct25 H4 price pulled back TDI lagging 25-10-2023 12-34-38 pm.png Size: 42 KB




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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #143,859
  • Oct 25, 2023 2:32am Oct 25, 2023 2:32am
Quoting emmanuel7788
{quote} EU Oct25 - that Daily Inside Bar breakout failed with PMI data release yesterday - today we look for sell {image} ...


EU Oct25 H1 Frankfurt Open S/U candle

-

Attached Image (click to enlarge)
Click to Enlarge Name: EU Oct25 H1 SU candle 25-10-2023 3-29-16 pm.png Size: 29 KB


Just like this old example by the OP

Attached Image (click to enlarge)
Click to Enlarge Name: Big E #8,906.png Size: 48 KB




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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #143,860
  • Oct 25, 2023 3:27am Oct 25, 2023 3:27am
Today Oct 25 New York session BOC

Attached Image (click to enlarge)
Click to Enlarge Name: FF Cal BOC Oct25 25-10-2023 4-24-11 pm.png Size: 15 KB


USDCAD Oct 25 H4

- its going to be good

- Price Action #647
- Master Candle consolidation, Triple Inside Bars + nr4IB @RN13750

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Oct25 H4 Master candle TIB 25-10-2023 4-23-34 pm.png Size: 31 KB



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