DislikedWednesday Jun 25 Tokyo 11am , Frankfurt 4am Daily {image} M5 {image} - must watch what happens in the next 4 hours ...Ignored
Should the crossover on the D1 chart be successful, it would align with a continuation trade on the W1 timeframe
- #10,662
- Jun 24, 2025 11:16pm Jun 24, 2025 11:16pm
- Joined Jul 2013 | Status: Trader | 5,472 Posts
Ronnie Renko
- #10,663
- Jun 25, 2025 1:33am Jun 25, 2025 1:33am
- Joined Nov 2008 | Status: Trader | 50,214 Posts
{quote} If I'm not mistaken, you're currently waiting for a potential entry based on a crossover signal on the D1 timeframe. This setup requires confirmation from both the RSI and Stochastic indicators, as well as a price breakout from the sideways range between 23,600 and 23,800 (or may be range between 23,600 and 23,700) Should the crossover on the D1 chart be successful, it would align with a continuation trade on the W1 timeframe
DE40 Jun25 Frankfurt Open 8:30am
- this is a possibility but is too obvious for the smart money to hunt,
Daily at FO 8:30am
...
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
{quote} @Noisy You have to read post #1 and the two pdfs Best of Big E, and follow the trading journey of Big E. You will learn why @RobinHood created this thread "modelled after" Big E' Trading Made Simple. You will learn the Big E' TMS is based on the 5-Method which is the core trading methodology. All the technical indicators are helping indicators to be trade the 5-Method. Did you see @RobinHood' post#10,626 on page#532 https://www.forexfactory.com/thread/...3#post15286393...
You mean this post? What does that mean, reaching for the stars?
Regarding TMS/BigE. Yes, I know all of this and understand the background and that TMS(R) is supposed to be a simplified version of the strategy mentioned there. None of this is helping me at the moment. I need concrete help on how to apply this to achieve my specific goals. I don't have the time or energy to work through all of this on my own. RH himself says that this is not a system but methods that simply use different indicators and variations of possible entries and exits as well as variations on how you could apply your risk/money management.
Suppose I make my own rules out of them (as recommended) and write them down to have a daily trading plan that I can work through, but then it turns out that it doesn't produce anywhere near the results I need, what good does that do? As I said, I've already tried to get started and tried to backtest the entry/exit rules and the provided template #1 on post 1 by only EU/GU (as recommended) and the daily chart (as recommended). It looks to me like this doesn't provide enough signals to consistently make the profits I need in the time frame.
- #10,666
- Edited 11:59am Jun 25, 2025 10:11am | Edited 11:59am
- Joined Jul 2009 | Status: Trade What U See Not What You Think | 1,760 Posts
I have a friend and he is VERY smart, so when I don't know something I now ask his opinion. He only has one name and it's: ChatGPT (Artificial Intelligence).
I just asked him a question on behalf of someone else, so here's what I asked him:
"I have been trying for 15 years to become profitable trading the markets such as the FOREX, yet I am not, what do you suggest I do?"
ChatGPT said:
Fifteen years is a long time to stay committed, and that says something about your discipline and determination — but the fact that you’re still not profitable also means something fundamental isn’t working.
So here's a blunt but constructive approach to help you break the cycle and either finally turn the corner — or make peace with stepping back. Let's get serious.
First: Ask Yourself the Hard Questions
1. Are you following a repeatable edge — or just guessing well sometimes?
I just asked him a question on behalf of someone else, so here's what I asked him:
"I have been trying for 15 years to become profitable trading the markets such as the FOREX, yet I am not, what do you suggest I do?"
ChatGPT said:
Fifteen years is a long time to stay committed, and that says something about your discipline and determination — but the fact that you’re still not profitable also means something fundamental isn’t working.
So here's a blunt but constructive approach to help you break the cycle and either finally turn the corner — or make peace with stepping back. Let's get serious.
First: Ask Yourself the Hard Questions1. Are you following a repeatable edge — or just guessing well sometimes?
- Most struggling traders don’t have a tested edge.
- You need a strategy that:
- Has a clear entry and exit plan
- Can be measured historically
- Performs over at least 100+ trades with positive expectancy
If you can't define your edge on paper, you don’t have one.
2. Are you trading too many setups, timeframes, or markets?
- Simpler = better.
- Pick ONE market (e.g., GBP/USD or ES).
- Trade ONE setup (e.g., pullback to VWAP, or London breakout).
- Use ONE timeframe (e.g., 15-minute or 5-minute).
- Then master that one thing obsessively.
Stop jumping strategies — depth beats variety.
3. Do you keep a trading journal?
If not, you’re flying blind. A real journal should track:
- Entry/exit
- Screenshots of each trade
- Why you took it
- What you felt emotionally
- What went right/wrong
Your journal is where the real feedback loop happens. Without it, you're not learning.
4. How disciplined is your risk management — really?
- Are you risking less than 1% per trade?
- Do you cut losers quickly, or hope they turn?
- Do you ever revenge trade, overtrade, or size up emotionally?
If you blow up, overtrade, or change your plan mid-trade — the problem is you, not the market.
What to Do Now (Concrete Steps)
1. Stop Live Trading for 30–60 Days
- Strip your system down to bare bones.
- Back-test it over 6 months or 100 trades.
- Then paper trade it exactly as written — zero improvisation.
If it doesn’t work on paper, it won’t work live.
2. Pick One Strategy and Go Deep
Here’s a simple example to start testing:
- Market: GBP/USD
- Timeframe: 15-minute
- Setup: London Breakout
- Entry: Break of high/low from 2:00–4:00 AM EST range
- Stop: Just outside the opposite end of the range
- Target: 1.5–2x risk
- Risk per trade: 0.5–1% of account
- Track over 50–100 trades
3. Get Feedback (Mentorship or Community)
If you've been alone all this time, that's likely part of the problem. A second set of eyes — someone profitable — can often spot flaws in minutes that you’ve missed for years.
Look for:
- A legit prop trading firm
- A tight-knit, non-hype trading group
- Accountability from someone with results
4. Consider Stepping Back — Temporarily or Permanently
If you've put in 15 years with no consistency, and it's causing stress or draining capital, it's 100% okay to:
- Pause trading and retrain in another skill (e.g., coding, quant modeling)
- Trade small or paper trade indefinitely
- Accept that trading might be a passion, but not your career
Not every great investor is a trader. And not every trader trades full-time.
Final Thought
You’re not alone — most traders fail because they either:
- Don’t define an edge
- Don’t stick to it
- Don’t manage risk
- Don’t journal
But the ones who succeed do so by treating trading like a craft, not a hustle. If you can become obsessed with consistency, execution, and feedback, you still have a shot.
--------------------------------
WOW! It's so funny to me how me and my friend both say such similar things regarding trading.
Always a Student, Never a Master - Emulate What Works
- #10,668
- Jun 25, 2025 2:10pm Jun 25, 2025 2:10pm
Hi, I believe I was able to create a TradingView script using Template #1 that our mentor RobinHood shared.
If someone would be kind enough to let me know whether that last buy entry is valid according to Template #1, I’d really appreciate it. Thanks in advance.
If all goes well, the next step will be to create an Expert Advisor for MT4 and MT5.
The candles you see aren’t standard Heikin Ashi; they’re a combination of Ashi and Synergy that I had to create to make them as close as possible to the MT4 template that Robin shared.
I’d greatly appreciate feedback from the more experienced members who can help me with some constructive input. Thank you.
If someone would be kind enough to let me know whether that last buy entry is valid according to Template #1, I’d really appreciate it. Thanks in advance.
If all goes well, the next step will be to create an Expert Advisor for MT4 and MT5.
The candles you see aren’t standard Heikin Ashi; they’re a combination of Ashi and Synergy that I had to create to make them as close as possible to the MT4 template that Robin shared.
I’d greatly appreciate feedback from the more experienced members who can help me with some constructive input. Thank you.
Dark
- #10,669
- Jun 25, 2025 3:57pm Jun 25, 2025 3:57pm
- Joined Jul 2009 | Status: Trade What U See Not What You Think | 1,760 Posts
Always a Student, Never a Master - Emulate What Works
- #10,670
- Jun 25, 2025 7:38pm Jun 25, 2025 7:38pm
- Joined Nov 2008 | Status: Trader | 50,214 Posts
I have a friend and he is VERY smart, so when I don't know something I now ask his opinion. He only has one name and it's: ChatGPT (Artificial Intelligence). I just asked him a question on behalf of someone else, so here's what I asked him: "I have been trying for 15 years to become profitable trading the markets such as the FOREX, yet I am not, what do you suggest I do?" ChatGPT said: Fifteen years is a long time to stay committed, and that says something about your discipline and determination — but the fact that you’re still not profitable also...
You used up one lifeline.
Ask a Friend 
You have two lifelines left.
Ask the Members 
50:50 ...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #10,671
- Jun 25, 2025 8:16pm Jun 25, 2025 8:16pm
- Joined Nov 2008 | Status: Trader | 50,214 Posts
{quote} You used up one lifeline.
Ask the Members and we have their unanimous answers:
90% of traders lose money
https://www.forexfactory.com/thread/...-true-or-false
98% of all day traders lose money
https://www.forexfactory.com/thread/...y-traders-fail
99% of traders lose money
https://www.forexfactory.com/thread/...ers-lose-money
99.9% of traders lose money
https://www.forexfactory.com/thread/...-no-discipline
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #10,672
- Jun 25, 2025 8:54pm Jun 25, 2025 8:54pm
- Joined Nov 2008 | Status: Trader | 50,214 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #10,673
- Jun 25, 2025 9:04pm Jun 25, 2025 9:04pm
- Joined Nov 2008 | Status: Trader | 50,214 Posts
Hi, I believe I was able to create a TradingView script using Template #1 that our mentor RobinHood shared. If someone would be kind enough to let me know whether that last buy entry is valid according to Template #1, I’d really appreciate it. Thanks in advance. If all goes well, the next step will be to create an Expert Advisor for MT4 and MT5. The candles you see aren’t standard Heikin Ashi; they’re a combination of Ashi and Synergy that I had to create to make them as close as possible to the MT4 template that Robin shared. I’d greatly appreciate...
Lesson from you post GBPUSD 4Hr
- look for trades based on original Big E TMS
- look for trades based on RH TMS(r)
- this way, you will find more trades opportunities and also better trades higher probability with CONFLUENCE of two methods/systems aka blending of methods/systems.
GBPUSD Jun 23 and 24 were several Bing E' TMS 5-Method 4Hr 6am and 2am trades.
I traded GU on Jun24, posted in the TMS thread.
https://www.forexfactory.com/thread/...5#post15287775
TMS-II trades.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #10,674
- Jun 25, 2025 11:19pm Jun 25, 2025 11:19pm
[quote=Noisy;15289066]{quote} Should i use this one for MT4 and replace it for the Stockhastic Indicator? What about the „smTMMS Oscillator_v7.2“ indi, RH presented as a „gift“ to me (to make things even more simple). How do they differentiate? Can you feel my confusion? 
[/quot
Open up a new page under your name, that way all discussions will be relevant to your issues.
It also allows Robin Hoods valuable page to be free of his system that many folk understand and use.
RH has supplied you with so much information its not funny but seriously lacking your commitment----------We see today that you have subscribed to yet another idea Price Bob Strategy.
Open the page here post a chart and put on whatever you want---after 15 years we expect to get something to work with.
Nobody can help you if there are no trees in the forest--------Use a goddam chart.
As you trade from Germany go put up a daily chart of the Dax 40---------
Change the daily time frame to a 1 Hr.---------------Notice a volume spike on a 1 hr chart when that market opens,
Make sure the volume indicator is switched on---you wont believe how simple a long position for first 3 hours netted you approx 160 pips.
I am not going thru all the different days results for you---but you do it and stop being so arrogant asking people for EXACT ENTRIES/EXITS, because, you are palying a game where the most expert of world traders (Banks)------Paid Traders working for institutions, Professional Traders, ALL waiting to POUNCE on any trade you attempt place-----Because they know what they are doing and you have no clue.
Yep its called being ripped off mate
I live in Australia and speak my mind, "cos a spade is a spade", stop all the nuisance posting on RH site.
WE AWAIT YOU FIRST PAGE AND ASSOCIATED CHART
[/quotOpen up a new page under your name, that way all discussions will be relevant to your issues.
It also allows Robin Hoods valuable page to be free of his system that many folk understand and use.
RH has supplied you with so much information its not funny but seriously lacking your commitment----------We see today that you have subscribed to yet another idea Price Bob Strategy.
Open the page here post a chart and put on whatever you want---after 15 years we expect to get something to work with.
Nobody can help you if there are no trees in the forest--------Use a goddam chart.
As you trade from Germany go put up a daily chart of the Dax 40---------
Change the daily time frame to a 1 Hr.---------------Notice a volume spike on a 1 hr chart when that market opens,
Make sure the volume indicator is switched on---you wont believe how simple a long position for first 3 hours netted you approx 160 pips.
I am not going thru all the different days results for you---but you do it and stop being so arrogant asking people for EXACT ENTRIES/EXITS, because, you are palying a game where the most expert of world traders (Banks)------Paid Traders working for institutions, Professional Traders, ALL waiting to POUNCE on any trade you attempt place-----Because they know what they are doing and you have no clue.
Yep its called being ripped off mate
I live in Australia and speak my mind, "cos a spade is a spade", stop all the nuisance posting on RH site.
WE AWAIT YOU FIRST PAGE AND ASSOCIATED CHART
As you trade from Germany go put up a daily chart of the Dax 40--------- Change the daily time frame to a 1 Hr.---------------Notice a volume spike on a 1 hr chart when that market opens, Make sure the volume indicator is switched on---you wont believe how simple a long position for first 3 hours netted you approx 160 pips.
Otherwise you are right. I didn't want to bombard the thread with my questions or deviate from the topic. For this reason, I immediately asked what the "best" way should be to proceed the TMS(R) given the requirements and goals I mentioned. Also because there are lots of different entry, exit criteria presented and different indicators. For me, this is anything but "simple" seeing the forest for the trees.
PS. Australia is a beautiful country. I've never been there. Best regards.
