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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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MTF Indicators for the 'Trading Made Simple' system 241 replies

Trading Made Simple system follower - Thanks to eelfranz 9 replies

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Trading Made Simple

  • #148,001
  • Sep 8, 2024 3:28pm Sep 8, 2024 3:28pm
Quoting emmanuel7788
{quote} TMS_EVO_IX 2024/2025/2026 Sep 01, 2023 to July 31 ,2024 Monthly Gain {image} > again missed my personal goal of 20% average per month > 60% of trades were semi-automated using an EA > manual trades ~ 40%. > will work harder in August to catch up with more manual trades Hourly Statistics {image} Daily Statistics {image} ...
Got PM reminding me of my post above.

Sorry for the delay in providing my monthly update:


TMS_EVO_IX 2024/2025/2026 Sep 01, 2023 to Aug 31, 2024 Closed



... stay tuned !
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #148,002
  • Sep 8, 2024 3:29pm Sep 8, 2024 3:29pm
Quoting emmanuel7788
{quote} TMS_EVO_IX 2024/2025/2026 Trade Report Sep 01,2023 to July 31, 2024 - Total 2058 trades closed {image} Win Rate 76% {image} ...
For August update :

Stay Tuned !


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #148,003
  • Sep 8, 2024 4:08pm Sep 8, 2024 4:08pm
Quoting GripPip
{quote} What I'm reading from Eelfranz, And what he has given and continues to give. His elaborate strategy and above all time, and time is precious. is that he was a sincere person. And before I knew he was gone from this world. I wondered if I could pm him in person sometime when the opportunity arose, not imposing. Where, among other things, I wanted to ask him if he was a German or Austrian by origin given his nick name, “Eelfranz”. His responses to various posters made it clear to me that he was doing his best to keep this thread clean. And...

@eelfranz aka Big E is a Bavarian ... I had worked in Munich for a period and got to know many people there.

in June 2011, he was very ill with heart failure. He did communicate in Skype group with a few older members. He spoke about an advance version of TMS but never made it to release because of his health. Sadly, he passed away on Oct 12, 2012.

Anyway, when you have any question on trading his 5-Method, please post them in this thread. #5

..
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #148,004
  • Sep 8, 2024 4:08pm Sep 8, 2024 4:08pm
Quoting emmanuel7788
{quote} Got PM reminding me of my post above. Sorry for the delay in providing my monthly update: TMS_EVO_IX 2024/2025/2026 Sep 01, 2023 to Aug 31, 2024 Closed ... stay tuned !
We eagerly await, dear Emm. Please know that these positive results you all post motivate us a lot to study even more, striving to reach your level and achieve similar results.
My battle is with myself; every day, I aim to be better. Did you win today?
  • #148,005
  • Sep 8, 2024 4:10pm Sep 8, 2024 4:10pm
Quoting theblessed7
{quote} Wise words, lynnc, my management will be based more or less on what you said. I will not risk more than 0.5% per operation. I appreciate your kindness

when the OP started forex trading, he started with USD1500 account.

trading a hard-earned USD200,000 account is very different.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #148,006
  • Sep 9, 2024 12:09am Sep 9, 2024 12:09am
Quoting eelfranz
Don't get fired ! Just make the necessary transition to trading 4hr charts during the London session... or Daily charts.

IF you make the transition to trade the 4Hr and the Daily,

Week 37 Monday Sep 09, Pacific 10PM London 6am - this is the 4Hr trade window

TMS 5-Method 8 pairs

Should be easy to make a decision whether you want to be buyer or seller.

Risk : Reward 1:2 minimum to decide a trade setup and the potential.

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Sep 09 8 pairs 9-9-2024 1-03-08 pm.png Size: 58 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #148,007
  • Sep 9, 2024 1:24am Sep 9, 2024 1:24am
Quoting GripPip
{quote} tommydoginti, Thank you for your response. Regarding your post and the references therein, I will study it carefully, And come up with questions later. What is already becoming clear to me is the straightforwardness and simplicity of this strategy, where before in strategies I tended to drag in all sorts of indicators, to make it more complicated than it is, so you can always refer to a failure with the comment: “But make no mistake, it's very complicated...” when perhaps it is precisely greed and a fear of failure and all those human emotions...

Hi GripPip,

BigE’s TMS is not complicated if you can stick with the rules laid out by BigE.

As I have been guiding others, my first suggestion to new TMS traders are always 2 points.
1. Do not try to add anything apart from BigE’s TMS rules and tools.
2. Always start with TDI as the “heart” of the TMS method, then add 1 element at a time so you can improve your skill gradually.

Post #647 BigE mentioned a few important elements. you start with 2 is already good enough to be profitable

Attached Image (click to enlarge)
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Your safest trades will always be when green crosses red and you enter on candle 1 or 2... odds are in your favor. Why? Because I'm expecting 3-8 candles... which is average...

With bounce trades the odds are lower for your success... but it still works.

When wanting to enter a TDI trade... take a moment first to observe basic 4x things... like:

How close am I to the previous high or lo

Am I in an uptrend or downtrend.. short & long term...

Am I in or close to a consolidation area

Are the previous candles small...
  • #148,008
  • Sep 9, 2024 1:59am Sep 9, 2024 1:59am
Reply to PMs on Telegram Trading Group

I have received several PM from members who read my post #147,972

Please be patient with your requests.

At the moment, my Telegram group is for active TMS 5-Method traders who are trading with $200k accounts and we are trading TMS_EVO_IX new release.
As I mentioned in my above link above, I have now the ninth member who will start in Oct 2024. I need to focus on this trading group as their mentor and lead trader. There is a lot to do on a daily basis with my Telegram group.

I know there are several other WhatsApp and Telegram trading groups by other members here. These groups have their own leader /admin. If you are keen to join these Whats and Telegram groups, you can PM me with your name, country you are trading from and your trading hours/sessions, etc. I'll try recommend you to the group leasers and it is up to them to invite you.

Take Care and Trade Well,

...



Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #148,009
  • Edited 5:26am Sep 9, 2024 5:14am | Edited 5:26am
Quoting emmanuel7788
{quote} {quote} No divergence without a swing low to confirm a 'reversal'. Follow up next week .... {image} {image}
Quoting witcher634
Hello emmanuel7788, its great to see you running the thread. i have read the thread from the beginning, simple and easy system as the name says. I have learnt a great deal of things from the thread and hoping to learn more from you and other seniors. can you please tell what do you mean by Swing Low and fractal low (Lowest Low?). Green pips to you ALL.

As I promised , this is the follow-up for the divergence topic,

You see the price swing highs and swing lows with Bill Williams Fractals,

then you observe the oscillators - Stoch(8,3,3) and

the TDI full information - its RSI green price line, its Volatility Band, and the yellow Market Base Line

the TMS 5-Method trade setup is based on
1) the Price Action at Support/Resistance
2) the True REVERSAL candle confirmed with the Stoch(8,3,3) %K cross %D signal,
3) the helping indicator ... post #202 , the TDI' RSI green price line is to confirm the price MOMENTUM of the set-up candle.


Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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It is this simple yet complicated for many here , do not make things more complicated than it already is.

The OP Big E did trade divergence and he removed the Volatility Band to so that there are fewer rules... follow simple rules for entries and exits.
If you have mastered the 5-Method, then remove the Stoch and TDI, ... post #2617,
this will help you be more successful and make more money.

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #148,010
  • Sep 9, 2024 5:56am Sep 9, 2024 5:56am
Quoting emmanuel7788
{quote} @tommydog.... Those elements are just the basic forex trading stuff which the OP with his 15+ years of 5-Method price action trading consider them as basic stuff in his post #647. Your trading style has nothing to do with the OP' 5-Method. By simply adding a TDI onto your charts and posting them here does not make them legit TMS 5-Method trading. Any reversal trade at key support and resistance levels will look like your interpretation of TMS and is misleading people. You are one of several online scammers here in the last 15 years. Those...
I'm confused.....
who is misleading whom
Should I ignore someone and who can be assumed to explain it the right way.
There is a scam?
Or do you think that Big E's method is not properly followed?
  • #148,011
  • Sep 9, 2024 6:13am Sep 9, 2024 6:13am
XAU Sep 09 Pacific 2AM 4Hr candle

- not buying

- but can sell when price touches 5EMA and pulls back ... which of Big E' post mentioned this?


Attached Image (click to enlarge)
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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #148,012
  • Sep 9, 2024 6:18am Sep 9, 2024 6:18am
Quoting GripPip
{quote} I'm confused..... who is misleading whom Should I ignore someone and who can be assumed to explain it the right way. There is a scam? Or do you think that Big E's method is not properly followed?

@GripPip

You have to figure that out on your own reading this thread and its long 15 years history.

Example of a member who hijacked this thread and lure innocent people to his website ...

Attached Image (click to enlarge)
Click to Enlarge Name: GilR nonsense predictive TDI.png Size: 364 KB

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #148,013
  • Sep 9, 2024 6:51am Sep 9, 2024 6:51am
Quoting emmanuel7788
{quote} @GripPip You have to figure that out on your own reading this thread and its long 15 years history. Example of a member who hijacked this thread and lure innocent people to his website ... {image} ...
10-4
Thanks for the reply
That's plain language.

I assume then that this person will eventually want to see money for it, once hijacking has occurred.

I have seen a post by BigE where he has kicked some people out of the thread for this type of activity.
I am not really familiar with the structure of the forum on forexfactory and the way of reading all these posts by big E is cumbersome the way I do it.
That is, you have to open each post and then read it.
But we are getting there
So
I am on the one hand practicing with the TDI
In a simulation environment
And on the other hand reading all of Eelfranz's posts and trying to process the information.
  • #148,014
  • Sep 9, 2024 7:17am Sep 9, 2024 7:17am
Quoting GripPip
{quote} 10-4 Thanks for the reply That's plain language. I assume then that this person will eventually want to see money for it, once hijacking has occurred. I have seen a post by BigE where he has kicked some people out of the thread for this type of activity. I am not really familiar with the structure of the forum on forexfactory and the way of reading all these posts by big E is cumbersome the way I do it. That is, you have to open each post and then read it. But we are getting there So I am on the one hand practicing with the TDI In a simulation...
Big E was a good man and he wanted to share and to help people make money.

But we are the people and we need to do the work on our own.

Every of his post is just one piece of a very big puzzle.

I like his post #296.

You need to do the same with the TDI. Learn to trade with it in real-time live market environment and gain the knowledge and experience, then develop your own winning trading system that fits you and you ONLY.

Its a learning journey.

You will do good on your own following Big E' posts.

There is no short-cut.

How much time do you have in your trading journey.
I started my trading journey in mid-80s and the transformation only began in 2011.


Attached Image (click to enlarge)
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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #148,015
  • Sep 9, 2024 7:57am Sep 9, 2024 7:57am
Hello to all my friends. I hope you are all well.

I want to wish everyone a blessed and productive week.

Sometimes, taking smaller steps leads to more consistent progress. Don’t be discouraged by how fast others may seem to climb. Focus on your own path and keep moving forward, one step at a time!
Attached Image (click to enlarge)
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My battle is with myself; every day, I aim to be better. Did you win today?
  • #148,016
  • Sep 9, 2024 7:59am Sep 9, 2024 7:59am
Quoting emmanuel7788
{quote} Big E was a good man and he wanted to share and to help people make money. But we are the people and we need to do the work on our own. Every of his post is just one piece of a very big puzzle. I like his post #296. You need to do the same with the TDI. Learn to trade with it in real-time live market environment and gain the knowledge and experience, then develop your own winning trading system that fits you and you ONLY. Its a learning journey. You will do good on...
I stopped in between.
For years, only to pick it up again and let it go again.
Because, and I say it honestly, I had the idea that I didn't understand any of it at all.

It started every time in good spirits, learning and writing whole notebooks full of diagrams and explanations , with ruler rectangle and different colors of pens.
Testing in demo mode.
If I did one thing right in those years it is that I never deposited money.
Because I understood very well that I would lose them....
Maybe that is the right thing a trader can do never deposit money If you don't get it,
because it's one thing to start again after a while, but to start again when you've lost tons of money, that's another thing altogether.
In good spirits I picked it up again after a while.

After all, I had also been a winning player in fixit limit poker, which is also math, much more tied to math than nolimit, where bluffing is a big factor.
But poker, fixit limit, is boring if you stick to the rules, there is little learning curve when you get the hang of it. You throw away 88% of your starting hands by default.
I played 20 tables of fixit limit at a time and still watched television in between and got bored.
But the frustration threshold is reached faster in trading,
If I had a downswing in poker, it was easier to accept than not understanding trading,
because I had no grip in trading, I didn't feel like I knew what I was doing.
By now I do know that almost everyone runs into that but few talk about it.

But here we are again. I have all the time, and I now feel that I can push through.
I've decided, I'm immersing myself in this strategy,
I used to hop from one strategy to another, and that's why I never caught it.
always looking for that one holy grail, which is not there and will never be found, because it doesn't exist.

My journey, when it began?
I think about 10 years ago, and intermittently stopped and picked up again.
I do recognize myself a bit in the picture you attached ;-)
  • #148,017
  • Edited 11:29am Sep 9, 2024 11:13am | Edited 11:29am
Reading Big E's posts, I ended up being encouraged by him to share my graphs (I have a certain insecurity on this issue, really a question of self-esteem), seeking to enhance my learning curve. I know that at the beginning I will make more mistakes than I will get right, but I have great confidence in the process. I count on your patience. Let's win guys.

P.S: Because it goes against the trend, I opted for an R:R of 1:1
The reason for the entry was mainly the PA closing above 5, the TDI angle, in my opinion, is ok, despite still being below level 50. In addition to a possible divergence, which could be a sign of a possible reversal.
Attached Image(s) (click to enlarge)
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My battle is with myself; every day, I aim to be better. Did you win today?
  • #148,018
  • Sep 9, 2024 12:08pm Sep 9, 2024 12:08pm
Quoting theblessed7
Reading Big E's posts, I ended up being encouraged by him to share my graphs (I have a certain insecurity on this issue, really a question of self-esteem), seeking to enhance my learning curve. I know that at the beginning I will make more mistakes than I will get right, but I have great confidence in the process. I count on your patience. Let's win guys. P.S: Because it goes against the trend, I opted for an R:R of 1:1 The reason for the entry was mainly the PA closing above 5, the TDI angle, in my opinion, is ok, despite still being below...
Hi theblessed7,

BigE’s TMS trades both countertrend and trend following positions.

My suggestion for new TMS traders are opting for Trend Following to start.
The reason is it requires applying less price action elements for beginners to start practicing the TMS method.

Post #647 by BigE
Your safest trades will always be when green crosses red and you enter on candle 1 or 2... odds are in your favor. Why? Because I'm expecting 3-8 candles... which is average...

With bounce trades the odds are lower for your success... but it still works.

When wanting to enter a TDI trade... take a moment first to observe basic 4x things... like:

How close am I to the previous high or lo

Am I in an uptrend or downtrend.. short & long term...

Am I in or close to a consolidation area

Are the previous candles small...


Highs and lows forms patterns of a trend, and enter trades at TDI cross signals in trend direction.

The win rate is moderately high and the method is simple enough to follow easily.

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Following the trend is one way to boost your success before attempting to trade precisely at reversals.

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trade well
  • #148,019
  • Sep 9, 2024 12:17pm Sep 9, 2024 12:17pm
Quoting tommydoginti
{quote} Hi theblessed7, BigE’s TMS trades both countertrend and trend following positions. My suggestion for new TMS traders are opting for Trend Following to start. The reason is it requires applying less price action elements for beginners to start practicing the TMS method. Post #647 by BigE Your safest trades will always be when green crosses red and you enter on candle 1 or 2... odds are in your favor. Why? Because I'm expecting 3-8 candles... which is average... With bounce trades the odds are lower for your success... but it still works....
Hi Tommy!

Very thank much, I will try to improve this!!
My battle is with myself; every day, I aim to be better. Did you win today?
  • #148,020
  • Sep 9, 2024 1:02pm Sep 9, 2024 1:02pm
I closed the trade because the TDI reversed, and candle 3 indicated extreme rejection. Total was -1.9 pips
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My battle is with myself; every day, I aim to be better. Did you win today?
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