Trading Made Simple | Page 7265 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

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

Attachments: Trading Made Simple
Exit Attachments

Trading Made Simple

  • #145,281
  • Jan 17, 2024 9:48pm Jan 17, 2024 9:48pm
Quoting emmanuel7788
{quote} TMS_EVO_IX Trades closed Friday Jan 12. - quite slow start this month, - will pick up this week and run till Jan 31. {image} > will continue with EURUSD, GBPUSDS and BTCUSD next week > will add one pair each from the EURxxx and GBPxxx cross pairs > and one pair from JPY pairs group ...
Attached Image (click to enlarge)
Click to Enlarge Name: TMS_EVO_Ix closed trades Jan12 14-1-2024 7-43-29 pm.png Size: 24 KB




For those trading my TMS_EVO_IX strategy, there is the m5 entry for add-on entries to your trading basket.

Example below is how you can automate your trade manager for building up your basket of trades.

You have the options to use the Stoch(8,3,3) and/or the RSI/MA in combination, and also the 50-level.

XAU Jan18 TMS_EVO_IX m5 entry

Attached Image (click to enlarge)
Click to Enlarge Name: XAU Jun18 m5 TMS_EVO_IX entry 18-1-2024 1-44-19 pm.png Size: 30 KB




...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #145,282
  • Jan 17, 2024 10:04pm Jan 17, 2024 10:04pm
#202

[quote=eelfranz;3327406]Good Morning Everyone... Thanks for all of your posts and help. This thread is about The Craig Harris Method really using the TDI as a helping indicator to guide us for entries & exits to completion. For anyone who knows me... you know I'm always testing, tweeking, etc. to find improvements. Well, the other day I added the Synergy channel on my 15 minute charts (5 SMA/Hi & 5 SMA/Lo) doing some more testing. What I discovered was by blending the two methods together... One is always confirmation for the other. Sometimes the Synergy makes the entry call first and sometime Craigs makes the entry call first. But I ALWAYS stick to the Tokyo Channel 40+ pip range if I'm using Craigs method. For day trading you might want to lean heavier on Synergy. You decide by studying charts back 1-3 months. As stated above... it's a blending to give you the best chance for success. Kolin... don't leave us. Stay, participate and grow with us. Everyone do a little tweeking, brain storming and put in your 2 cents for the benefit of everyone. 2010 needs to be your best pippin' year ever... lets make it happen. Big E [quote]


Example GJ Week 03

Attached Image (click to enlarge)
Click to Enlarge Name: GJ Jan18 H4 PAC trade 18-1-2024 1-57-09 pm.png Size: 39 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #145,283
  • Jan 17, 2024 10:28pm Jan 17, 2024 10:28pm
GU Jan18 H1 intraday targets

- can either be ADR High

- or can be ADR Low

- or None of the above

Attached Image (click to enlarge)
Click to Enlarge Name: GU Jan18 H1 ADR target 18-1-2024 2-26-25 pm.png Size: 27 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #145,284
  • Jan 17, 2024 11:56pm Jan 17, 2024 11:56pm
Quoting emmanuel7788
{quote} TMS_EVO_IX Trades closed Friday Jan 12. - quite slow start this month, - will pick up this week and run till Jan 31. {image} > will continue with EURUSD, GBPUSDS and BTCUSD next week > will add one pair each from the EURxxx and GBPxxx cross pairs > and one pair from JPY pairs group ..

Attached Image (click to enlarge)
Click to Enlarge Name: TMS_EVO_Ix closed trades Jan12 14-1-2024 7-43-29 pm.png Size: 24 KB




.


TMS_EVO_IX Week 03

- I have added EURAUD, GBPCAD and CHFJPY pairs this week.

- now I have 7 open baskets including XAU.

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #145,285
  • Jan 18, 2024 2:12am Jan 18, 2024 2:12am
Quoting eelfranz
//I check for set ups at 10pm Pacific,2am and close all 4 hour trades by 6am Pacific.... ///
Jan 18 London 10AM New York 5am Pacific 2AM

- this is the hour the OP would be looking for trades ...

TMS Monitor London 10AM

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Mon Jan18 London 10am 18-1-2024 6-08-01 pm.png Size: 33 KB


> I see a few good ones if your trade Price Action, Support & Resistance SnR, ...


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #145,286
  • Jan 18, 2024 5:46am Jan 18, 2024 5:46am
Quoting tommydoginti
{quote} {image} {image} AJ higher high forming TMS traders buying at the TDI cross up could reap profit as price reached previous high and over. {image} {image}
GU sell trade in minutes

TDI cross down with previous high rejected multiple times.

With a bit of checking of previous performance release.

Attached Image (click to enlarge)
Click to Enlarge Name: D881909F-7B3B-4E4B-8D5D-B614E2BDA030.jpeg Size: 814 KB

Attached Image (click to enlarge)
Click to Enlarge Name: 334AE1C3-E2C6-4453-AF04-80AB33E5BC0B.jpeg Size: 52 KB

Attached Image (click to enlarge)
Click to Enlarge Name: B4EB95FC-1A35-4008-974F-12343B8F84E5.jpeg Size: 728 KB
  • #145,287
  • Edited 12:54pm Jan 18, 2024 6:52am | Edited 12:54pm
.
  • #145,288
  • Jan 18, 2024 8:20am Jan 18, 2024 8:20am
Quoting tommydoginti
{image} {quote} I hope you have cut loss quick enough for your AJ sell {quote} It was not a good setup. A noob mistake you made leading to bad call. Learn BigE’s TMS properly and apply #647 and #2617 and you will not need additional indicators (crappy one giving you wrong signals) and know how to avoid that AJ sell. trade well everyone {image}
1 small loss, it's nothing
here is a win, that's cover all small loss
Attached Image (click to enlarge)
Click to Enlarge Name: z.png Size: 28 KB
  • #145,289
  • Jan 18, 2024 3:18pm Jan 18, 2024 3:18pm
Quoting havenoidea
{quote} 1 small loss, it's nothing here is a win, that's cover all small loss {image}
Good you are catching it right this time.

Remember to follow BigE’s TMS to enter trades at TDI signals with Price Action confirmation.

trade well
Attached Image (click to enlarge)
Click to Enlarge Name: 6C9353D7-EF5E-482D-B50A-A49ACA3B091C.jpeg Size: 690 KB
  • #145,290
  • Jan 18, 2024 3:23pm Jan 18, 2024 3:23pm
Quoting tommydoginti
{quote} {image} {image} AJ higher high forming TMS traders buying at the TDI cross up could reap profit as price reached previous high and over. {image} {image}
Attached Image (click to enlarge)
Click to Enlarge Name: 61FBBA8B-B3F0-4FD2-BC08-49F681333A69.jpeg Size: 746 KB



AJ follow up.

We cannot predict the market.
A trendy price movement can turn to ranging at any moment, and vice versa.

But the way to analyse the market is the same. Keep consistent.

A HHHL formation and expect a higher high.

Attached Image (click to enlarge)
Click to Enlarge Name: F3FFD32A-0024-418D-AEA2-8613133D48E0.jpeg Size: 777 KB
  • #145,291
  • Jan 18, 2024 3:44pm Jan 18, 2024 3:44pm
Quoting havenoidea
{quote} 1 small loss, it's nothing here is a win, that's cover all small loss {image}


@havenoidea

You have been trading for quite long time. You know more than the one with only 3-years and talking here like most online forum gurus.
Learn from the experienced traders who started with Big E, you get the combined experience of more than 50 years of trading experience here. Do Not listen to the 3-years old rookie.

I learned to look at top down - Weekly, Daily and the 4Hr all the time when I am day trading.
Weekly will help determine of the market type is trending or sideways.
Daily will help me see several things about the market, e.g. if the market is choppy and where the most recent key SnR levels are .
4Hr is the setup timeframe ... post#281 and trade only in the direction of the 4Hr , the Price Action and APB/HA candles above/below its 5EMA, Typical Price, Shift+3.

When trading the 1Hr intraday, we can take both buy and sell trades on certain days when there is news and also when the Daily is wide range and the swing high/swing low are above it average 100-days ADR. Check the 10-days ADR. This is what experienced trader like @Phx62 shared in this thread.

Start of Week on the 4Hr, there will be lots of trades using the first 4H candle of the week.
You have 28-pairs to pick from.
Pick any five(5) pairs and with a 60:40 chance and +2R to +5R profit, you will make enough money for weekly expenses.


USDCHF 4H Trading Week 03

Attached Image (click to enlarge)
Click to Enlarge Name: UChf Jan19 review 4H trading 4T trade 19-1-2024 7-43-09 am.png Size: 34 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #145,292
  • Jan 18, 2024 3:57pm Jan 18, 2024 3:57pm
Quoting eelfranz
Ok Dudes & Dudettes.... What's the name of this thread ? Ham & green eggs...ummm... Cat climb a tree... hummm... what, what what.... ! Possibly: Trading Made Simple.... Well we know it's for Traders... Made Simple... hummm... and it's made simple so most anyone can understand it and it has very simple rules. I think your biggest problems are understanding BASIC FOREX ISSUES.... like am I in Consolidation, how close is the recent Sup/Res levels, Is PA candles small and undecided which way to go.., was it a strong reversal last time or only 1 or two...
To reply a few most recent PMs from a few members and struggling traders here with TMS 5-Method

I loved the enthusiasm of the OP aka Big E but he should have made it clear this thread is not for beginners. He should have mention more than 15 years experience and not 1-3 years...
<>
Ok Dudes & Dudettes....

What's the name of this thread ? Ham & green eggs...ummm... Cat climb a tree... hummm... what, what what.... !

Possibly: Trading Made Simple.... Well we know it's for Traders...
Made Simple... hummm... and it's made simple so most anyone can understand it and it has very simple rules.

I think your biggest problems are understanding BASIC FOREX ISSUES.... like am I in Consolidation, how close is the recent Sup/Res levels, Is PA candles small and undecided which way to go.., was it a strong reversal last time or only 1 or two candles... things like this which has nothing to do with our method. Those things are Basic Things every trader has to learn before trading a new method. So when you failed to make a profit because you don't know those things ahead of time... well, it must be a bad method... Not...

So I want those who consider themselves having more than 1-3 years experience to point out those important Basics using a chart which is marked up and why those things are important to consider before entering a trade. Just discuss a few things per post... that way you have time to think about what you want to discuss and find a chart for examples... Then keep posting other charts...

It will re-inforce it for you and help teach everyone newer on the thread...

You guys/gals are making some great trades with lots of success... and I'm proud of you all...

Thanks.... Big E
<>
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #145,293
  • Jan 18, 2024 4:11pm Jan 18, 2024 4:11pm
Quoting eelfranz
All I use is the TDI and Stochs for confirmation. I hope many of you made a killing on the recent E/U moves... Great news to move the market... I bought a bigger wheel barrow...

#9448 above,

all he uses then was the TDI and Stochs for confirmation.... hmmmm

most still dont get that right.

CONFIRMATION of what?

and he also said these,

Quoting eelfranz
Johnami, The stochs is like comfort food... makes me feel more sure of my trade when it & the TDI agree... If they don't... I hesitate and take a closer look... smaller time frames, older PA, trend lines... things like that... just do more investigation before taking the trade...

Quoting eelfranz
When you see a TDI cross that doesn't look good... start checking other timeframes for the trade... look at other templates at different timeframes... do a thorough investigation before entering any trade. If you do this faithfully your win rate will increase dramatically... If its not quite ready put it on a watch list and go back and check it every 5,15 or 30 minutes...


....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #145,294
  • Jan 18, 2024 4:28pm Jan 18, 2024 4:28pm
Quoting tommydoginti
{quote} GU sell trade in minutes TDI cross down with previous high rejected multiple times. With a bit of checking of previous performance release. {image} {image} {image}
Hey TMS Folks,


..."the TDI cross down ...multiple time'

that is the achilles heel of the lagging TDI which follows price action,

when price is choppy ... the lagging TDI will be 'choppy' too ...

and that has nothing to do with previous high being rejected multiple times ...

that is what inexperienced traders see in their technical chart analysis ...

IF you start with your Top Down Analysis - Weekly, Daily and then the 4Hr, you will learn to read the market , the Market Type conditions to adapt your trading system strategy to the trade the prevailing market type conditions (Big E #296),

IF you will follow his TMS 'rules' and make the transition to trade the 4Hr and the Daily ( Big E #281) you will more likely to succeed.

IF you follow his post #2617, you will achieve higher success.

Do Not follow the blind and get all euphoric (fired up') with a few winners ... (#281)

Be prepared to work hard ...

IF you spend 5 to 8 hours every day for the next 2 to3 years, you will most likely make it to become a trader.

...


Attached Image (click to enlarge)
Click to Enlarge Name: achilles heel of TMS 5Method.png Size: 89 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #145,295
  • Jan 18, 2024 4:37pm Jan 18, 2024 4:37pm
Quoting tommydoginti
{quote} GU sell trade in minutes TDI cross down with previous high rejected multiple times. With a bit of checking of previous performance release. {image} {image} {image}

Hey TMS Folks,

what this trader missed is a particular historical key level ...

GU Jan18 Intraday TMS-II trades closed

+15pips, +30pipos and BE+2pips

If I waited for the TDI signal and HA candle to change colour and close below its 5EMA, that would be conservative and some say 'very late' like on most days.

Attached Image (click to enlarge)
Click to Enlarge Name: GU Jan18 h1 TMS-II trades closed 19-1-2024 6-55-37 am.png Size: 26 KB

When your are ready to follow Big E post#2617. then you can learn a few more things about how to trade without indicators in you chart sub-window....
https://www.forexfactory.com/thread/...trading-system



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #145,296
  • Jan 18, 2024 7:04pm Jan 18, 2024 7:04pm
watchout for usdchf for a long
Attached Image (click to enlarge)
Click to Enlarge Name: z.png Size: 28 KB
  • #145,297
  • Jan 19, 2024 2:02am Jan 19, 2024 2:02am
Quoting havenoidea
watchout for usdchf for a long {image}
USDCHF is overbought and due for a pullback.
We are in a sell zone.
Never Ever Give Up!
  • #145,298
  • Jan 19, 2024 2:43am Jan 19, 2024 2:43am
Quoting tommydoginti
{quote} {image} AJ follow up. We cannot predict the market. A trendy price movement can turn to ranging at any moment, and vice versa. But the way to analyse the market is the same. Keep consistent. A HHHL formation and expect a higher high. {image}
Mt Fuji from the sky is so nice.
Attached Image (click to enlarge)
Click to Enlarge Name: 1F258CBC-9726-4117-B4CA-E34027E60ED9.jpeg Size: 669 KB



Before boarding there was a good TMS sell setup at TDI cross down. Already happy with this month’s profit so just throw a long shot. 1.2680 is the usual TP level.
Attached Image (click to enlarge)
Click to Enlarge Name: 0584ADC2-7743-4A66-A22D-D7907D7DA1DD.jpeg Size: 288 KB



Move SL to BE+ after landing.
Attached Image (click to enlarge)
Click to Enlarge Name: 20B590C9-E265-44CF-BDAF-D8A684B21385.jpeg Size: 704 KB



USDCHF is still having HHHL formation and proper retest and rejection from previous lows are good for buys.
Attached Image (click to enlarge)
Click to Enlarge Name: 5726B23D-A03D-4E97-8857-583B4E33105B.jpeg Size: 711 KB
  • #145,299
  • Jan 19, 2024 3:45am Jan 19, 2024 3:45am
Quoting emmanuel7788
{quote} Hey TMS Folks, what this trader missed is a particular historical key level ... GU Jan18 Intraday TMS-II trades closed +15pips, +30pipos and BE+2pips If I waited for the TDI signal and HA candle to change colour and close below its 5EMA, that would be conservative and some say 'very late' like on most days. {image} When your are ready to follow Big E post#2617. then you can learn a few more things about how to trade without indicators in you chart sub-window.... https://www.forexfactory.com/thread/...trading-system...

GU Jan19 H1 key SnR level

Attached Image (click to enlarge)
Click to Enlarge Name: GU Jan19 D1 SnR 127119 19-1-2024 7-42-06 pm.png Size: 54 KB




...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #145,300
  • Jan 19, 2024 3:47am Jan 19, 2024 3:47am
Quoting havenoidea
watchout for usdchf for a long {image}

we will know later after EST 9:30am

how much will the pull-back be before NY 5pm close.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
45 traders viewing now, 1 is registered:
Simple-man