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Trading Made Simple

  • #149,821
  • Apr 28, 2025 8:59pm Apr 28, 2025 8:59pm
Quoting puckettech
{quote} Hello Emmanuel, Please extend an invitation to your Telegram group if possible. I have been following Big E TMS and your posts for the last 6 months. cheers
hi @puckettech

There are several Telegram groups based in different locations and time zones. These groups have their own Admin member as their 'lead' trader.

You are based in Vietnam and there is no active Telegram group yet. I see a few FF members in this thread but they are not active traders. Without member being active here I have no idea their knowledge and experience levels and this will be difficult to invite them.

At the moment I do not have spare time resources to start a Vietnam TMS Telegram group. I spend most time with my personal FFAI group.
You can form a new TMS group on Telegram and see how many active traders would be interested.

I made a post years ago about starting small trading groups and the requirements. Let me look for this.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #149,822
  • Apr 29, 2025 2:56am Apr 29, 2025 2:56am
Quoting emmanuel7788
{quote} hi @puckettech There are several Telegram groups based in different locations and time zones. These groups have their own Admin member as their 'lead' trader. You are based in Vietnam and there is no active Telegram group yet. I see a few FF members in this thread but they are not active traders. Without member being active here I have no idea their knowledge and experience levels and this will be difficult to invite them. At the moment I do not have spare time resources to start a Vietnam TMS Telegram group. I spend most time with my personal...
is it applicable for me Emmanuel to add me to telegram
  • #149,823
  • Apr 29, 2025 4:09am Apr 29, 2025 4:09am
Quoting tmostafa007
{quote} is it applicable for me Emmanuel to add me to telegram

How active are you as a trader?

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #149,824
  • Apr 29, 2025 9:41am Apr 29, 2025 9:41am
[quote=emmanuel7788;15230771]{quote} hi @puckettech There are several Telegram groups based in different locations and time zones. These groups have their own Admin member as their 'lead' trader. You are based in Vietnam and there is no active Telegram group yet. I see a few FF members in this thread but they are not active traders. Without member being active here I have no idea their knowledge and experience levels and this will be difficult to invite them. At the moment I do not have spare time resources to start a Vietnam TMS Telegram group. I spend most time with my personal FFAI group. You can form a new TMS group on Telegram and see how many active traders would be interested. I made a post years ago about starting small trading groups and the requirements. Let me look for this. ...[/quot

Hi Emmanuel,

Yes, it's true I'm based in Vietnam but operate accounts in both Asia and the US. I currently have four accounts: two in the USA (one demo, one live) and two in Vietnam (one demo, one live). I've been demo trading for the past six months and am now trading on both live and demo accounts.

While I don't feel ready to lead at this stage, it's definitely something I aspire to in the future. I'm currently traveling and will be in the US for the next month. I'd be interested in either the US or London timezone sessions. Although I tend to trade setups whenever I see them, regardless of the active session, I do follow the OP and your advice about keeping those trades on the lower timeframes.
Thanks for the response.

-Cheers
  • #149,825
  • Edited 9:15pm Apr 29, 2025 6:25pm | Edited 9:15pm
Quoting emmanuel7788
{quote} GBPJPY Aug 10 H1 trade closed ... PA changed direction with REVERSAL candle and HA colour changed ... quick Cut Loss - 30pips. {image}
by any chance do you know the exact name of that apb/ha indicator with opacity/transparency? thanks in advance!
  • #149,826
  • Apr 29, 2025 7:44pm Apr 29, 2025 7:44pm
Apr 30 Last trading day of the month and it is mid-week, and the Weekly candle will only close on Friday New York 5pm,

but the Monthly candle will close today at New York 5pm, ... then I need to update my Big Picture mid-week.

I hate this Wednesday Month-End closing.

But today is another typical day when things happen every hour of the day.... and we have another 1361 days of you know what.

Attached Image (click to enlarge)
Click to Enlarge Name: FF Cal Apr30 30-4-2025 8-30-38 am.png Size: 23 KB



TMS Daily charts do not look good.
Swing Highs and Swing Lows, but no continuation after the swings ...
I go back to post #11 and refresh what I had learned from the Big E.
I would avoid the low timeframes M5, M15, M30, etc.
Trade and scalp the 4Hr, but how do scalp the 4Hr?

Attached Image (click to enlarge)
Click to Enlarge Name: TMS 8 pairs Apr30 TOK9am 30-4-2025 8-32-36 am.png Size: 64 KB

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #149,827
  • Apr 30, 2025 3:56am Apr 30, 2025 3:56am
Quoting eelfranz
// I hate to monitor charts anyway. Even if I scalp the market I use 4hr charts with success.... 4hr charts have less noise, less head fakes, less influence by any news. Just has a lot of benefits... //.
How do you scalp the 4Hr?

Read Big E' posts ... he scalp the 4hr

https://www.forexfactory.com/thread/...28#post4575828

https://www.forexfactory.com/thread/...56#post4569656

https://www.forexfactory.com/thread/...04#post4517204

https://www.forexfactory.com/thread/...10#post4423010

TMS 8 pairs, the next 4Hr soon:
- pick the ones with price MOMENTUM

Attached Image (click to enlarge)
Click to Enlarge Name: TMS 8 pairs scalp the next 4HR 30-4-2025 4-51-30 pm.png Size: 64 KB

- and remember post #557 for quick exit

..
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #149,828
  • Apr 30, 2025 3:58am Apr 30, 2025 3:58am
Quoting StonebankS1
{quote} by any chance do you know the exact name of that apb/ha indicator with opacity/transparency? thanks in advance!

set your charts to show as Bar chart and Foreground Chart

Attached Image (click to enlarge)
Click to Enlarge Name: Chart set to Foreground Chart.png Size: 14 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #149,829
  • Apr 30, 2025 6:36am Apr 30, 2025 6:36am
Quoting emmanuel7788
{quote} How do you scalp the 4Hr? Read Big E' posts ... he scalp the 4hr https://www.forexfactory.com/thread/...28#post4575828 https://www.forexfactory.com/thread/...56#post4569656 https://www.forexfactory.com/thread/...04#post4517204 https://www.forexfactory.com/thread/...10#post4423010..
Attached Image (click to enlarge)
Click to Enlarge Name: TMS 8 pairs scalp the next 4HR 30-4-2025 4-51-30 pm.png Size: 64 KB



.

TMS 8 pairs 4Hr UPDATE:

- new York will open soon,

- BUT this 4Hr candle will close one hour after New York opens,

- Do you close your 4Hr scalp trades now before NYO ?

Attached Image (click to enlarge)
Click to Enlarge Name: TMS 8 pairs pre-NYO 30-4-2025 7-32-48 pm.png Size: 64 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #149,830
  • Apr 30, 2025 12:51pm Apr 30, 2025 12:51pm
Quoting emmanuel7788
{quote} How active are you as a trader? ...
i am working almost 24/7
also i am try to develop indicator to notify me to enter and exit the trade based on the Big E and your strategy i can share it with all member to test once i have a final version
  • #149,831
  • Apr 30, 2025 6:54pm Apr 30, 2025 6:54pm
Quoting emmanuel7788
{quote} TMS 8 pairs 4Hr UPDATE: - new York will open soon, - BUT this 4Hr candle will close one hour after New York opens, - Do you close your 4Hr scalp trades now before NYO ? {image} ... {image}
Attached Image (click to enlarge)
Click to Enlarge Name: TMS 8 pairs Ap30 NY9am UPDATE 30-4-2025 9-10-21 pm.png Size: 65 KB



GU Apr30 scalp the 4Hr

- closed at the New York open hour , +42pips

- not wanting to risk the EST 9:30am candle


Attached Image (click to enlarge)
Click to Enlarge Name: GU Apr30 scalp the 4Hr 1-5-2025 7-16-58 am.png Size: 26 KB


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #149,832
  • Apr 30, 2025 8:33pm Apr 30, 2025 8:33pm
Quoting emmanuel7788
{quote} {image} GU Apr30 scalp the 4Hr - closed at the New York open hour , +42pips - not wanting to risk the EST 9:30am candle {image} ...
Bold move! Care to take us through the thought process on this scalp @months end? lol
  • #149,833
  • Apr 30, 2025 9:05pm Apr 30, 2025 9:05pm
Quoting puckettech
{quote} Bold move! Care to take us through the thought process on this scalp @months end? lol
there was a swing high price action that lead to that trade.
  • #149,834
  • Apr 30, 2025 9:25pm Apr 30, 2025 9:25pm
Quoting puckettech
{quote} Bold move! Care to take us through the thought process on this scalp @months end? lol

This week's trade planning start at this post #149,813

https://www.forexfactory.com/thread/...1#post15229361

then follow each of my post from that post onwards ask question related to each of my post and learn fast.

>>> Learn how to scalp the 4Hr.

You can scalp the 4Hr any day of the week not necessary only at month-end. Just follow Price Action and Support/Resistance. Look as swing highs and swing lows, follow FF news calendar and ALWAYS be very careful when trading into the US Futures market hours.

Important you know the Weekly and Daily charts. Mitigate those risks you see on Weekly and Daily especially when you are scalping against the Daily and Weekly.

Because I did not have the Daily and Weekly in my favour, I reduce my trade risk amount and trade smaller Position Size. All I want is to hit a +2R to +3R trade profit and can still maintain my Positive Expectancy.


Attached Image (click to enlarge)
Click to Enlarge Name: GU Apr30 scalp 42pips tempFileForShare_20250501-085657.png Size: 38 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #149,835
  • Apr 30, 2025 9:34pm Apr 30, 2025 9:34pm
Quoting StonebankS1
{quote} there was a swing high price action that lead to that trade.

that's one important price action you see on the 1Hr.

also note the TIMING of that 1Hr is also the close of the last 4Hr candle ,

and the PPA Previous Price Action,.. swing highs and swing lows, previous support and resistance, resistance broken become support etc.,...

the setup was a swing high + True REVERSAL ... this is classic TMS 5-Method 5-bars/candles setup

and there was no 'show-stopper support' in the previous days.

Attached Image (click to enlarge)
Click to Enlarge Name: GU Apr30 scalp the 4Hr 1-5-2025 7-16-58 am add comments.png Size: 30 KB


...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #149,836
  • Apr 30, 2025 9:53pm Apr 30, 2025 9:53pm
Quoting emmanuel7788
{quote} that's one important price action you see on the 1Hr. also note the TIMING of that 1Hr is also the close of the last 4Hr candle , and the PPA Previous Price Action,.. swing highs and swing lows, previous support and resistance, resistance broken become support etc.,... the setup was a swing high + True REVERSAL ... this is classic TMS 5-Method 5-bars/candles setup and there was no 'show-stopper support' in the previous days. {image} ...
Hi Emmanuel,

Thank you for the detailed explanation. I need to study more...

One question. Why didn't you enter on the previous candle? The setup candle was the one right after the swing high, right? It had also closed below the 5 EMA. Did you want more confirmation? Okay, 2 questions. lol
  • #149,837
  • Apr 30, 2025 9:54pm Apr 30, 2025 9:54pm
Quoting puckettech
{quote} Hi Emmanuel, Thank you for the detailed explanation. I need to study more... One question. Why didn't you enter on the previous candle? The setup candle was the one right after the swing high, right? It had also closed below the 5 EMA. Did you want more confirmation? Okay, 2 questions. lol
Oh, I think you answered this. You waited for the close of the 4HR, right?
  • #149,838
  • Edited 11:21pm Apr 30, 2025 11:05pm | Edited 11:21pm
Quoting puckettech
{quote} Oh, I think you answered this. You waited for the close of the 4HR, right?

Yes. You got that right.

Its the tenth(10th) elements of Trading Made Simple to pick only the A+++ setups ... TIMING

Now your job is to read my posts and find the other nine(9) elements.

....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #149,839
  • May 1, 2025 4:33am May 1, 2025 4:33am
Reply to PMs:

I have a few requests from members who want to trade the Daily chart timeframe because of their day jobs and cannot access during the local hours between London 8am and 6pm.

I am sure you all have read the OP post #4752, post #302, post #8703 .
Big E' aggressive trading style is not suited for Daily charts if you have fully understood all his posts and you will know some reasons why. You need to address how you would deal with what the mentioned in post #302.

You need to have a different mindset when you want to trade the Daily.

The chart template remains the same.
We will start with Big Picture Planning BPP and Weekly Top Down Analysis WTDA
More focus and attention will be on Price Action and Support/Resistance. Post #2617

Attached Image (click to enlarge)
Click to Enlarge Name: GU May01 Daily 1-5-2025 5-30-17 pm.png Size: 34 KB

With volatile market conditions in the next 1360 days, we should be able to gain a lot of trading experience and make some money.

Please stay tuned for my posts which will focus on swing trading the Daily charts.

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #149,840
  • May 1, 2025 6:06am May 1, 2025 6:06am
Quoting eelfranz
I'm going to do a test on the Daily charts. When green crosses red I'll stay in until green crosses red again. I'll report the results in a week or so... I'll only enter if the candles are medium length or larger... wish me luck ...
For those wanting to trade the Daily charts, spend your time over the weekend and test the Daily according to the OP post #4702 July 2011 above.

Share your back-test results here for discussion.

If you want to use an Expert Advisor for back-testing, there is one in this thread developed by @SteveHopwood.

https://www.forexfactory.com/thread/...-by-guess-whom

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