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Trading Made Simple system follower - Thanks to eelfranz 9 replies

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Trading Made Simple

  • #148,121
  • Sep 14, 2024 7:56pm Sep 14, 2024 7:56pm
Quoting eelfranz
1st Trading Chart... Note on the TDI showing your entry set ups... green crossing red enter on that new PA candle...
Attached Image (click to enlarge)
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{image}
Big E #2 Training Chart

- you got to learn the 5-Method' Price Action and master that,

- when you see these basic price action candles and use the Stoch and TDI the way the OP had blended these oscillators to his 5-Method.

- there are few more Price Action you will learn with reference to post #647

Attached Image (click to enlarge)
Click to Enlarge Name: Big E post#2 training chart.png Size: 77 KB


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #148,122
  • Sep 14, 2024 8:01pm Sep 14, 2024 8:01pm
Quoting emmanuel7788
{quote} Big E #2 Training Chart - you got to learn the 5-Method' Price Action and master that, - when you see these basic price action candles and use the Stoch and TDI the way the OP had blended these oscillators to his 5-Method. - there are few more Price Action you will learn with reference to post #647 {image} ...

Attached Image (click to enlarge)
Click to Enlarge Name: Big E post#2 training chart.png Size: 77 KB



{image}

Take a next step forward is to follow the OP post #2617 and 'strip the TDI' from the chart...

the Price Action is still there and the same...

Attached Image (click to enlarge)
Click to Enlarge Name: Big E post#2 training chart not TDI.png Size: 64 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #148,123
  • Sep 14, 2024 8:12pm Sep 14, 2024 8:12pm
Quoting theblessed7
{quote} 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.

@theblessed7

You have been patient.

Here is my TMS_EVO_IX 2024/2025/2026

Trade Report

Sep 01,2023 to August 31, 2024

- Total 2195 trades closed

- WIN Rate 76%


Attached Image (click to enlarge)
Click to Enlarge Name: 31-8-2024 4-20-28 pm.png Size: 37 KB



Attached Image (click to enlarge)
Click to Enlarge Name: Myfxbook Aug2024 Win rate.png Size: 7 KB

Last month's July Trade Report link here
#147,662
https://www.forexfactory.com/thread/...7#post14954147





....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #148,124
  • Sep 14, 2024 8:20pm Sep 14, 2024 8:20pm
Quoting theblessed7
{quote} 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.
@the blessed7

here is more,

TMS_EVO_IX 2024/2025/2026

Sep 01, 2023 to August 31 ,2024

Monthly Gain

> note the previous July 13.65% has been updated 15.48%
- this is the actual July 31 date and time stamp at 23.59 closing

Attached Image (click to enlarge)
Click to Enlarge Name: Myfxbook AUG update 9-9-2024 4-35-48 am.png Size: 8 KB



Hourly Statistics
Attached Image (click to enlarge)
Click to Enlarge Name: Myfxbook TMS EVO Hourly Statistics.png Size: 16 KB



Daily Statistics
Attached Image (click to enlarge)
Click to Enlarge Name: Myfxbook TMS-EVO Aug Daily Statistics.png Size: 12 KB



Last month's July Trade Report link here
#147,661
https://www.forexfactory.com/thread/...2#post14954142



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #148,125
  • Sep 14, 2024 8:23pm Sep 14, 2024 8:23pm
Quoting emmanuel7788
{quote} @theblessed7 You have been patient. Here is my TMS_EVO_IX 2024/2025/2026 Trade Report Sep 01,2023 to August 31, 2024 - Total 2195 trades closed - WIN Rate 76% {image} {image} Last month's July Trade Report link here #147,662 https://www.forexfactory.com/thread/...7#post14954147 ....
ABSOLUTELY INSANE!!
Even though it makes no difference to you, I offer you my simple congratulations. You deserves all the recognition both for the results obtained and for the invaluable value delivers day after day to our community.
You are Big, Emm! As well as his legacy of more than 13 years providing value to all of us.
My battle is with myself; every day, I aim to be better. Did you win today?
  • #148,126
  • Sep 14, 2024 8:35pm Sep 14, 2024 8:35pm
Trading Made Simple 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.
In this new thread we will only be about the 5-Method.

In the old thread,

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.
Many here did not know the 5-Method does not need any indicators .... and struggled the last 15+years trading blindly the TDI green line cross red line without knowing the Price Action trading is part of the 5-Method.

Training Chart post #2



Step 3

Attached Image (click to enlarge)
Click to Enlarge Name: Big E post#2 training chart remove TDI Stoch.png Size: 57 KB


Step 1 and Step 2
https://www.forexfactory.com/thread/...6#post14998196
https://www.forexfactory.com/thread/...0#post14998200


Your next step is to learn a few basic price action on your charts.
Price Action work in all timeframes. The Stoch and TDI also works in all timeframes.
Can you make money trading all timeframes?



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #148,127
  • Sep 14, 2024 8:45pm Sep 14, 2024 8:45pm
Quoting bigjjnem
{quote} Meaning it woulld be better to trade 1hr or 4hr based on d1 trend? Let's say d1 is down trend based on ema5, tdi, and storsch. Then, you should be more confident when short rather than long.

The idea to trade the 1Hr in the same direction of the 4Hr and Daily is the potential for higher risk reward when the trade breaks out in the higher timeframe direction.
But this will depends on the Market Type conditions which we see on the Weekly chart timeframe.

If you study the EU trades last week, you will learn what happens when the Weekly is not trending.

That would be the same when trading next week Sep 16 to 20.

Do Not use oscillators on Weekly... Learn from Big E' posts and the mistakes made.

Attached Image (click to enlarge)
Click to Enlarge Name: EU Sep20 NYClose Weekly 15-9-2024 9-43-31 am.png Size: 34 KB




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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #148,128
  • Sep 14, 2024 8:58pm Sep 14, 2024 8:58pm
Quoting bigjjnem
{quote} Meaning it woulld be better to trade 1hr or 4hr based on d1 trend? Let's say d1 is down trend based on ema5, tdi, and storsch. Then, you should be more confident when short rather than long.
After you know the Weekly timeframe and the Market Type conditions,

You can review these chart and learn from last week's price action.

Take notes of what you see in the price action.

Daily
- note the setup which failed,


4Hr
- note the swing highs and swing lows with the Fractals
- the True REVERSAL candles,
- these were explained in the old thread in those tutorial videos on pages 1 and 2,...
- and how the Stoch %K cross %D signals are used...

Attached Image (click to enlarge)
Click to Enlarge Name: EU 4Hr review POMO 15-9-2024 9-51-57 am.png Size: 37 KB
Attached Image (click to enlarge)
Click to Enlarge Name: EU Daily review POMO 15-9-2024 9-49-32 am.png Size: 35 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #148,129
  • Sep 14, 2024 11:04pm Sep 14, 2024 11:04pm
Thanks Em. Very well explaination. By looking at the chart, I can see if previous d1 is a pin bar, then a reversal/pull back can happen today or next few days. Then, using this info to have a bias on 4hr.
  • #148,130
  • Sep 15, 2024 7:01pm Sep 15, 2024 7:01pm
'big news' move the market ...

Sep 16 to 20

FOMC


Attached Image (click to enlarge)
Click to Enlarge Name: FF Cal Sep 16 to 21 16-9-2024 7-59-20 am.png Size: 42 KB


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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #148,131
  • Sep 15, 2024 7:19pm Sep 15, 2024 7:19pm
Quoting emmanuel7788
'big news' move the market ... Sep 16 to 20 FOMC {image} ...

Week 38 FOMC USD pairs Weekly

The Weekly chart will determine the Market Type conditions
1) Trending
2) Sideways Wide Range
3) Sideways Narrow Range

Prepare your trade plans base on the Market Types above

> avoid trading pairs which are 3) Sideways Narrow Range especially the choppy price action

Attached Image (click to enlarge)
Click to Enlarge Name: USD majors Sep 16 Weekly 16-9-2024 8-13-08 am.png Size: 53 KB




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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #148,132
  • Sep 16, 2024 12:40am Sep 16, 2024 12:40am
JPY pairs Sep 16 Pacific 10PM 4Hr

- overall look bearish

- waiting for Frankfurt Open

Attached Image (click to enlarge)
Click to Enlarge Name: JPY pairs Sep16 pre-FO 16-9-2024 1-36-25 pm.png Size: 56 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #148,133
  • Sep 16, 2024 3:07am Sep 16, 2024 3:07am
XAU Sep16 1Hr London 9AM

- do you have enough confidence to trade without Stoch and TDI?

TMS 5_Method #2617

Attached Image (click to enlarge)
Click to Enlarge Name: XAU Sep16 1Hr LO116-9-2024 4-01-39 pm.png Size: 26 KB



TMS 5-Method with Stoch and TDI as helping indicator

- divergence PA vs Stoch and TDI

- price makes higher high, Stoch and TDI make lower low


Attached Image (click to enlarge)
Click to Enlarge Name: XAU Sep16 1Hr LO1 16-9-2024 4-04-05 pm.png Size: 35 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #148,134
  • Sep 16, 2024 3:13am Sep 16, 2024 3:13am
EU Sep 16 1Hr London 9am

- 1Hr intraday will end with Wave 5 ...

- after that we look at the 4Hr

Attached Image (click to enlarge)
Click to Enlarge Name: EU Sep 16 1Hr wave 5 16-9-2024 4-10-07 pm.png Size: 28 KB



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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #148,135
  • Sep 16, 2024 3:24am Sep 16, 2024 3:24am
GU Sep 16 M15 London 9am

- when trading M15 Price Action is king

- price approaching 4Hr SnR and BRN 13200

- anything can happen at BRN


Attached Image (click to enlarge)
Click to Enlarge Name: Gu Sep16 M15 w 4Hr SnR 16-9-2024 4-20-11 pm.png Size: 27 KB




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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #148,136
  • Sep 16, 2024 8:26pm Sep 16, 2024 8:26pm
Blending methods/systems ....


@Mehdi343 Method1 and Method 2
https://www.forexfactory.com/thread/...ree-tdi-system

@RobinHood TMS(r)
https://www.forexfactory.com/thread/...g-made-simpler

Quoting eelfranz
/// You might be more accurate by blending those two systems on your charts. Try it on your chart and take a look. It's your decision... /// Big E
GU Sep 17 Daily
Attached Image (click to enlarge)
Click to Enlarge Name: GU Sep17 TMS Mix Daily 17-9-2024 9-22-36 am.png Size: 49 KB



GU Sep17 4Hr

Attached Image (click to enlarge)
Click to Enlarge Name: GU Sep17 TMS Mix 4Hr 17-9-2024 9-22-11 am.png Size: 43 KB



GU Sep17 1Hr
Attached Image (click to enlarge)
Click to Enlarge Name: Gu Sep17 TMS Mix 1Hr 17-9-2024 9-27-32 am.png Size: 44 KB




***FOMC week

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #148,137
  • Sep 17, 2024 10:10am Sep 17, 2024 10:10am
Quoting emmanuel7788
GU Sep 16 M15 London 9am - when trading M15 Price Action is king - price approaching 4Hr SnR and BRN 13200 - anything can happen at BRN {image} ...

GU Sep17 new York sell setup

- trading the 4Hr all the time

Attached Image (click to enlarge)
Click to Enlarge Name: GU Sep17 M30_4Hr setup 17-9-2024 11-06-19 pm.png Size: 22 KB






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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #148,138
  • Sep 17, 2024 10:19am Sep 17, 2024 10:19am
Quoting emmanuel7788
{quote} GU Sep17 new York sell setup - trading the 4Hr all the time {image} ...

Hi @emmanuel.

Regarding trading 4HR chart and stop loss. Do you place the stop loss using the last swing high /low or the low /high of the previous candle or some other method?

Thank you.
  • #148,139
  • Sep 17, 2024 11:59am Sep 17, 2024 11:59am
Few minutes to close of H4 candle.
Big WCC red candle on left. H4 BEOB is forming and also double top, lower close .
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 54 KB
  • #148,140
  • Sep 17, 2024 6:54pm Sep 17, 2024 6:54pm
Quoting GoldenSacs
{quote} Hi @emmanuel. Regarding trading 4HR chart and stop loss. Do you place the stop loss using the last swing high /low or the low /high of the previous candle or some other method? Thank you.
Quoting emmanuel7788
{quote} GU Sep17 new York sell setup - trading the 4Hr all the time {image}
Attached Image (click to enlarge)
Click to Enlarge Name: GU Sep17 M30_4Hr setup 17-9-2024 11-06-19 pm.png Size: 22 KB



...

hi @GoldenSacs

My trade entry was on the 1HR and SL was above the high of the 1Hr candle
This will enable a good trade potential with +3R to +4R to the next RN level.

If you enter on the 4Hr, then place the Stop Loss above the last swing high.


Attached Image (click to enlarge)
Click to Enlarge Name: GU Sep17 H1 sell EP SL AND TP 17-9-2024 10-54-12 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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