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Monitor for 'Trading Made Simple' system 565 replies

Trading Made Simple the right way, and other trading lessons 334 replies

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Trading Made Simple

  • #147,641
  • Aug 4, 2024 5:55pm Aug 4, 2024 5:55pm
Quoting emmanuel7788
{quote} USD Major for Week 32 - CAD for Friday {image} ...
  • #147,642
  • Aug 4, 2024 7:52pm Aug 4, 2024 7:52pm
Quoting SnowManF
{quote} I recommend remembering Big E's words and and remember why he created this thread it would be nice if we all worked together to grow improve and become good profitable traders with this simple strategy! Ganna start demo trading 1Hr TF during the first hours of london session to see how it goes! Also Big E's mentioned that he closes all his 4hr trades and focusses on the 1hr TF does anyone do that still or what are you doing? And if my 1hr entry turns into 4hr set up which should i follow for exits with the tdi signal the 4 hr tf or the 1hr...
Years ago a few members in this thread called-out other members who post fake trades using photoshop-edited MT4 charts and created fake trades.

For example, most recently since 2020, @tommydoginti did just the same for years posting fake trades on MT4 charts which he edited using photoshop-editing tool. After he was called-out, he started to spin stories to cover-up his wrong doings and to distract traders here by posting photos of his luxurious lifestyle, travels, etc. to look massage his fragile ego.

ALL these crap fake TMS traders are not helping other learn to trade TMS and develop wining systems using Big E' 5-Method the true and honest way.

Examples of @tommydoginti fake trades he post in this thread.

#123,927

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#123,925

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#124,771

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> there's a lot more of his old posts with photoshop-edited charts

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #147,643
  • Aug 4, 2024 8:05pm Aug 4, 2024 8:05pm
Quoting SnowManF
{quote} Ganna start demo trading 1Hr TF during the first hours of london session to see how it goes! Also Big E's mentioned that he closes all his 4hr trades and focusses on the 1hr TF does anyone do that still or what are you doing? And if my 1hr entry turns into 4hr set up which should i follow for exits with the tdi signal the 4 hr tf or the 1hr tf any recomendations? Happy Pippies and have an amazing trading week everyone!

You have seen this video. Develop your Money Management Strategies based on Risk Control.
Allocate position of your trading capital to trade the 1Hr.
What is the Trading Capital to start with?
- one year equivalent to your annual salary
- divide that into different portions for different trading system
- develop a CashFlow strategy for Daily/Weekly charts
- allocate an amount to automated trading with EAs.
- allocate an amount to day trading and scalping,
>>> learn multiple entries from Big E' posts

Inserted Video


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #147,644
  • Aug 5, 2024 12:35am Aug 5, 2024 12:35am
Quoting SnowManF
{quote} /Ganna start demo trading 1Hr TF during the first hours of london session to see how it goes! Also Big E's mentioned that he closes all his 4hr trades and focusses on the 1hr TF does anyone do that still or what are you doing? And if my 1hr entry turns into 4hr set up which should i follow for exits with the tdi signal the 4 hr tf or the 1hr tf any recomendations? Happy Pippies and have an amazing trading week everyone!
IF he live in the European GMT0 timezone he would be trading the 1Hr and not the Pacific 10PM, 2Am and 6AM 4Hr candles

Post#5
Quoting eelfranz
Divergence, That was just one of many methods we discussed. Folks were getting confused by mixing up rules from different methods so this thread will only be about the 5 method.
Post #3418
Quoting eelfranz
/You can trade the 5 method without the TDI if it's a problem... PA is HA Candles, PA crosses the yellow line and closes... enter on the next candle if it's the same color. When candles flatten out... exit. Stay in the trade as long as it doesn't cross back over the yellow line and close. The TDI just gives me a lot more information for making my entries & exits decisions.

Post#3108
Quoting eelfranz
Chims... I almost always have the tdi & stoch on all my charts regardless of the method being used. However, it's not necessary on the 5 method for me. It gives people more confidence when they have it on their charts it seems.... and it's a good confirmation to the current PA and possible trade.

Post#3044
Quoting eelfranz
bythepound... The 5 method is my favorite because more trades come along. Honestly on the 5 method you don't really need any indicators because the simple entry rules are so basic and clear cut. If I were to pick two it would be the tdi & stochs.

then this Post #281 is key to your success in trading the 1Hr
Quoting eelfranz
Don't get fired ! Just make the necessary transition to trading 4hr charts during the London session... or Daily charts.

post #2617
Quoting eelfranz
.what would be the most beneficial to learning this method for higher success... The answer was simple... study old charts for set ups... now strip down everything on that chart at that point... trends, angles, S/R levels, News times, Stoch angle within the 20-80 lines..etc. Burn it into your memory... I spent 2 years doing that.... so what does that mean? It takes me 15 seconds to strip a chart down to nothing including the TDI & Stoch's. Taking clean trades is a breeze for me... why? Read[/highlight]...



>>>> coming up next, ... trading without Stoch and TDI .... <<<<

Trading Made Simple 5-Method ... No Indicators Trading System NITS

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #147,645
  • Aug 5, 2024 3:26am Aug 5, 2024 3:26am
Quoting emmanuel7788
{quote} You have seen this video. Develop your Money Management Strategies based on Risk Control. Allocate position of your trading capital to trade the 1Hr. What is the Trading Capital to start with? - one year equivalent to your annual salary - divide that into different portions for different trading system - develop a CashFlow strategy for Daily/Weekly charts - allocate an amount to automated trading with EAs. - allocate an amount to day trading and scalping, >>> learn multiple entries from Big E' posts https://youtu.be/ruz_KVpMFd4...
I have basically no physical capital of my own to trade im using funded accounts to build up a personal trading account and with the drawdown rule i canot give alot of different portions max 1% per day risk is my ideal goal so 0,5% for 4hr trades and the same for 1hr trades.

Talking about the 1hr the 2 amigos all gave a set up of a buy eu and gu, au looks weak and usdcad for sell however cad is on bank holiday so im skipping them and papper entry for the dos amigos.
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  • #147,646
  • Aug 5, 2024 4:03am Aug 5, 2024 4:03am
Quoting eelfranz
I prefer to trade the 4hr charts at night. My broker posts new 4 hr candles at 10pm my time (Pacific), 2am my time and 6am my time. My page when I open up my charts has 8 open charts. I just glance at the TDI for set ups when the new candle opens... If I see a set up... green just crossing red I'll take the trade, turn off the puter and go to bed. Four hours later (1:50am) my alarm goes off for the new candles and I take a peek... if I see a new set up I'll enter and go back to bed with the last alarm at 5:50am my time. I close all trades at that...

Aug 05, Pacific 2AM

- you know the rules

- master the 5-Method and break the rules when you want to

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #147,647
  • Edited 4:33am Aug 5, 2024 4:20am | Edited 4:33am
Quoting emmanuel7788
{quote} Aug 05, Pacific 2AM - you know the rules - master the 5-Method and break the rules when you want to {image} ...

This must be a good bounce trade, but the long wick finding support from the daily support.
strip things naked
  • #147,648
  • Aug 5, 2024 4:32am Aug 5, 2024 4:32am
Quoting eelfranz
Don't get fired ! Just make the necessary transition to trading 4hr charts during the London session... or Daily charts.

Trading Made Simple 5-Method, Pacific 2AM

- break some more rules,

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #147,649
  • Aug 5, 2024 4:34am Aug 5, 2024 4:34am
Finished the week - with some weekend trading on BTCUSD and ended up with 13% profit - had a loosing day Saturday, but gained it all back Sunday.

What you wanna be looking out for is volume - you want to get into the big moves just as they start to form - but not until you have a very good chance that it will happen.
I take a lot of trades but manage my risk and cut my losses fast. NEVER take a full loss - you can always give your trade another chance when it starts to move and break support/resistance or wicks of previous candles.

In this week i had 15 consecutive losses, and I must admit that was not me playing my A game. I'm still new at trading BTC in the weekend, so had to figure out how it moved and once I got the feel for it, the gains started coming.

What I wanna say is - have patience and wait for moments of volume - where price breaks out of either support/resistance or previous candles in a trend.

Using the original strategy will help you find setups until you learn how to spot them on your own. But don't follow it blindly - read and learn what others have posted here and make your own strategy that works for you. But have patience and WAIT - don't take a trade just because the setup is there - it's normally not the right time to enter. Wait for a retracement and a break - and you will have a much better stoploss to enter from.

Spend a few days watching one pair - see how it moves- Spend time looking for setups on the 4 hour timeframe and see how it performs once a setup has manifested. Watch how the price moves on the lower timeframes in comparison to the higher and learn how to spot the right time for entry when there is the highest chance that your trade will go of in your direction.
If you can master this, you will minimize your risk and drawdown and become profitable - don't just enter blind on a setup and expect it to work - many times it wont.
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  • #147,650
  • Aug 5, 2024 4:48am Aug 5, 2024 4:48am
Quoting emmanuel7788
{quote} Aug 05, Pacific 2AM - you know the rules - master the 5-Method and break the rules when you want to {image} ...
What is the rule your are breaking also for me in mt4 ir does not show bounce for some reasson it is showing just normal going down.
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  • #147,651
  • Aug 5, 2024 5:24am Aug 5, 2024 5:24am
Quoting SnowManF
{quote} What is the rule your are breaking also for me in mt4 ir does not show bounce for some reasson it is showing just normal going down. {image}
Stoch and TDI are moving in different directions also the bounce shows more on Emmanuels because it doesn't update until the close of the bar, whereas I think your TDI is refreshing.
  • #147,652
  • Aug 5, 2024 6:02am Aug 5, 2024 6:02am
Quoting SnowManF
{quote} What is the rule your are breaking also for me in mt4 ir does not show bounce for some reasson it is showing just normal going down. {image}
Same me with my TDI/
strip things naked
  • #147,653
  • Aug 5, 2024 6:06am Aug 5, 2024 6:06am
Quoting tommydoginti
{quote} Hi Lynnc, good to see you here in the TMS thread! Emmanuel7788 is a hater and troll here on the forum targeting other TMS traders. I agree with regmatkhan00, he is just a useless piece of shit. There is no point reading or responding trolls and their nonsense, both useless and not affecting your trading at all. Just ignore them {quote} I rather enjoy spending some of my profit trading the TMS method, like traveling and enjoying activities. The badminton men double final just finished, such a great match! Malaysia vs Denmark was more exciting...
Great match for men’s bouldering in Paris just now! Good to see both Adam and Narasaki and others are performing so well!
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UJ keeps on tanking today with boost from news on interest rate. Feeling good as I went to Japan before France when JPY was still cheap Fx is useful not just for trading but also spending

Typical TMS setup. LHLL with TDI cross down as trade entries
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Trade well everyone
  • #147,654
  • Aug 5, 2024 6:11am Aug 5, 2024 6:11am
Quoting lynnc
{quote}Stoch and TDI are moving in different directions also the bounce shows more on Emmanuels because it doesn't update until the close of the bar, whereas I think your TDI is refreshing.
You will see the TDI values of the current candle changing and may differ from others’ screenshot as the candle is still forming and we are viewing the charts at different time

same that you may see a bearish candle on your chart on H4 while 1 hour later price moves up and becomes a bullish candle.

Once the candles closed and form a new candle, the TDI values of the closed candles will be fixed (as values are calculated based on candle close prices.

Trade well.
  • #147,655
  • Aug 5, 2024 6:32am Aug 5, 2024 6:32am
WHAT DO YOU GUYS SAY?
Is this a decent setup?

  1. TDI and STOCH down. ✓
  2. Downtrend ✓
  3. The previous leg down was decent. ✓
  4. But the wicks are long on the candles ✗
  5. Resting higher time frame support ✓

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strip things naked
  • #147,656
  • Aug 5, 2024 6:39am Aug 5, 2024 6:39am
Quoting lynnc
{quote}Stoch and TDI are moving in different directions also the bounce shows more on Emmanuels because it doesn't update until the close of the bar, whereas I think your TDI is refreshing.

Good try @lyncc

You are not at the level what Big E said... : "intermediate + " ... post #3805

Obviously you do not know Big E' 5-Method.

Read these posts:


Post#5
Quoting eelfranz
Divergence, That was just one of many methods we discussed. Folks were getting confused by mixing up rules from different methods so this thread will only be about the 5 method.
Post #3418
Quoting eelfranz
/You can trade the 5 method without the TDI if it's a problem... PA is HA Candles, PA crosses the yellow line and closes... enter on the next candle if it's the same color. When candles flatten out... exit. Stay in the trade as long as it doesn't cross back over the yellow line and close. The TDI just gives me a lot more information for making my entries & exits decisions.

Post#3108
Quoting eelfranz
Chims... I almost always have the tdi & stoch on all my charts regardless of the method being used. However, it's not necessary on the 5 method for me. It gives people more confidence when they have it on their charts it seems.... and it's a good confirmation to the current PA and possible trade.

Post#3044
Quoting eelfranz
bythepound... The 5 method is my favorite because more trades come along. Honestly on the 5 method you don't really need any indicators because the simple entry rules are so basic and clear cut. If I were to pick two it would be the tdi & stochs.

then this Post #281 is key to your success in trading the 1Hr
Quoting eelfranz
Don't get fired ! Just make the necessary transition to trading 4hr charts during the London session... or Daily charts.

post #2617
Quoting eelfranz
.what would be the most beneficial to learning this method for higher success... The answer was simple... study old charts for set ups... now strip down everything on that chart at that point... trends, angles, S/R levels, News times, Stoch angle within the 20-80 lines..etc. Burn it into your memory... I spent 2 years doing that.... so what does that mean? It takes me 15 seconds to strip a chart down to nothing including the TDI & Stoch's. Taking clean trades is a breeze for me... why? Read[/highlight]...


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #147,657
  • Aug 5, 2024 6:50am Aug 5, 2024 6:50am
Quoting tommydoginti
{quote} You will see the TDI values of the current candle changing and may differ from others’ screenshot as the candle is still forming and we are viewing the charts at different time same that you may see a bearish candle on your chart on H4 while 1 hour later price moves up and becomes a bullish candle. Once the candles closed and form a new candle, the TDI values of the closed candles will be fixed (as values are calculated based on candle close prices. Trade well.

@tommydog....

Your are wrong again. Stop posting bullshit and misleading the people here.

Keep It Simple : Just follow the OP' posts and trade the way it has been laid out according to his posts.

The TDI which Big E used is in post #25.
There are five(5) values - three(3) of the values will update on every price tick.
Only two(2) values will not update on every price tick.
The creator of the TDI is Dean Malone and he explained the reasons why he intended it to be the way in the first version of his Synergy trading model when it started in 2005. Big E and I were trading the original Synergy trading model and this is how Trading Made Simple was developed based on that model and using the TDI in post #25.

Even when the candle closed the values will not be fixed. The values can change as much as the last 34 bars/candles which depends on the price volatility.

The SAGA of the TDI continues...

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #147,658
  • Aug 5, 2024 6:57am Aug 5, 2024 6:57am
Quoting anjanbabu
WHAT DO YOU GUYS SAY? Is this a decent setup? TDI and STOCH down. ✓ Downtrend ✓ The previous leg down was decent. ✓ But the wicks are long on the candles ✗ Resting higher time frame support ✓ {image}
Open Window

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but there is no +5R to +7.5R trade opportunity

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #147,659
  • Aug 5, 2024 7:07am Aug 5, 2024 7:07am
Quoting tommydoginti
{quote} Great match for men’s bouldering in Paris just now! Good to see both Adam and Narasaki and others are performing so well! {image} UJ keeps on tanking today with boost from news on interest rate. Feeling good as I went to Japan before France when JPY was still cheap Fx is useful not just for trading but also spending Typical TMS setup. LHLL with TDI cross down as trade entries {image} Trade well everyone

LOL @tommydog...

While I am watching live telecast of Paris events, my auto-trading EA running in my VPS will do the trades for me.
I only spend 5 mins and do my Weekly Top Down Analysis and set up the Expert Advisor.

UJ closed trades Aug 05 Tokyo and London sessions.

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #147,660
  • Aug 5, 2024 7:14am Aug 5, 2024 7:14am
Quoting eelfranz
Don't contact Dean Malone about the TDI. The way he uses it for his method is 180 degrees from how we use it... you need to learn how to use it our way... The TDI is the heart of our method. It tells you when to enter and where to exit any trades... so review previous posts and learn it good. HA Candles are important because it makes your trading way less stressful... use them. Stoch's is nothing but confirmation. If Stoch's & the TDI give different signals... lights flash...

"TDI is the heart of our method."

> make money ....

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