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Trading Made Simple

  • #16,701
  • Mar 29, 2013 6:38am Mar 29, 2013 6:38am
i dont agree

the HA candles do simplify the system so its in keeping with the title of the system. the sequence of HA colour changes and how they interact with the TDI is a critical component. we need to keep this thread as to the original rules of the system.

there are many other systems/theads out there which feature regular candle pattern analysis if that's what you wish to focus on, or perhaps even start your own thread with your modifications of this system, as others have

just my $0.02


Quoting Jackub
Adam
Myself see no advantage to use ABP Synergy or HA candles (short period average do the same keeping you in a trend), but as system say so, I do follow. If I need to check candlestick patterns need switch to japanes as can see it more clearly anyway, maybe with growing experience it will change. After all the general rule is "if it works for you, why change it"
have nice weekend
  • #16,702
  • Mar 29, 2013 6:42am Mar 29, 2013 6:42am
Proway,

i just woke up and read this message. With the low liquidity today i decided missing London opening was fine... I just read this message and i find it not only harsh but really not true. I have not had the chance to know Big E but i have spent the last week and a half reading his posts. From those posts you can definitely see that the man had a passion for trading and helping others. I would give those two qualities to Emmanuel as well.

That said i wish you a nice Easter and the same to all fellow members.


Quoting Proway
[color=DarkRed]Hello EMMANUEL7788 and ALL,

Why have you chosen derail and destroy the blessed work of BIG E. lf he was to be around, he would have banned you from this thread. You are taking people back to what destroyed other peoples account in the past. Do you see the number of people that are supper rich and successful forex traders using only BIG E`s simple method.

lf you think that you have what it takes to make people successful, why not start your own thread and use your method or use a combined methods of BIG E and yours. Please just allow...
  • #16,703
  • Mar 29, 2013 7:06am Mar 29, 2013 7:06am
Quoting blamshakk
i dont agree

the HA candles do simplify the system so its in keeping with the title of the system. the sequence of HA colour changes and how they interact with the TDI is a critical component. we need to keep this thread as to the original rules of the system.

there are many other systems/theads out there which feature regular candle pattern analysis if that's what you wish to focus on, or perhaps even start your own thread with your modifications of this system, as others have

just my $0.02
It's fine that it suits You, very good for You, I am trying all the time use them, but benefits HA candles offers me is maybe not exactly what I am looking for... one of irritating problems I have with HA candels is a pullback candles, which almost never change a colour. Its the way they work, what most of the people admire in case of nice run up or down. But pullback candle inform us earlrier then TDI about possible reversal which is crutial moment, thats why, I suppose Big E is pointing out very strongly, to enter not later then the secound candle. Generally Big E was suggesting to keep it simple as possible. The TMS method is just easy and very simple visualisation of PA. If we add other elements helping to uderstand PA , I dont think it is a sin, or completly other system. Big E himself was changing system also adding 21, 223 EMA's or throwing away Stochastic...
Best Reagrds
Happy Easter
JacekPreserve Precious Capital
  • #16,704
  • Mar 29, 2013 7:15am Mar 29, 2013 7:15am
Quoting Burt59
Proway,

i just woke up and read this message. With the low liquidity today i decided missing London opening was fine... I just read this message and i find it not only harsh but really not true. I have not had the chance to know Big E but i have spent the last week and a half reading his posts. From those posts you can definitely see that the man had a passion for trading and helping others. I would give those two qualities to Emmanuel as well.

That said i wish you a nice Easter and the same to all fellow members.
JacekPreserve Precious Capital
  • #16,705
  • Mar 29, 2013 7:34am Mar 29, 2013 7:34am
Big E told us to:

"Look for consolidation.. .. look for how close PA is to supp/res levels ...use your brain!"

read his post #261... its is a living post and it shall remains with us everyday, day in day out.

Let's all use our brains together in unison.

Trade Well.
Attached Image (click to enlarge)
Click to Enlarge Name: Big E post 261 PA.png Size: 67 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #16,706
  • Mar 29, 2013 7:49am Mar 29, 2013 7:49am
About using APB or HA candles:

I use APB/HA on my all my charts for analysis. I love to trade PA using the original price bar because PA is king as what Big E taught me.
the APB/Ha and TDi are both the core components of TMS. But PA is still the king.
I know Big E traded the 4-hour period which fit his lifestyle and personality. He is very discipline in checking his charts every 4-hour period interval and I learn and cultivated the same discipline like him. Everytime I check my chart at the 4-hour interval, I think of Big E.

For me, the price bars tell me about the market sentiments while the APB/HA only show me what the assumed average price should be.

It is a matter of your own experience and the comfort level you have inn using the APB/HA vs the actuial price bars/ candles.

There is information the price bar show and the APB/HA do not show you. See the attached comparison below. Observe closely and learn from it.

I learn also from X-man, that the TDI is like your learning wheels. We all will learn to balance all the knowledge we pick up from one another here in this thread, and it will come a time when you will find your own balance, you will ride the market much easier and enjoy the rewards for the effort you put in. When you reached that level, do not forget to pay it forward to others who are new to trading TMS.

Trade Well.
Attached Image (click to enlarge)
Click to Enlarge Name: Price bar and APB .png Size: 81 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #16,707
  • Mar 29, 2013 8:14am Mar 29, 2013 8:14am
Quoting blamshakk
i dont agree

the HA candles do simplify the system so its in keeping with the title of the system. the sequence of HA colour changes and how they interact with the TDI is a critical component. we need to keep this thread as to the original rules of the system.

there are many other systems/theads out there which feature regular candle pattern analysis if that's what you wish to focus on, or perhaps even start your own thread with your modifications of this system, as others have

just my $0.02
Hi blamshakk,

are you trading TMS manually?

please share some of your manual trades here and let others will learn from you. I am interested in your money management and your discipline in trading TMS 4H and learn from you too.

If you are still auto trading with "Trading Made Simple EA by Guess Whom", well please tell us how is the performance of this EA by Steve Hopwood. How many set files have you curve-fitted in all your back-testing.

I am looking forward to more of your posts here.

Regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #16,708
  • Mar 29, 2013 8:20am Mar 29, 2013 8:20am
[quote=emmanuel7788;6558266]About using APB or HA candles:

I use APB/HA on my all my charts for analysis. I love to trade PA using the original price bar because PA is king as what Big E taught me.

Yes, puting on ABP candles bar chart, shows me open and close levels, this is the way I am using APB
BR
JacekPreserve Precious Capital
  • #16,709
  • Mar 29, 2013 8:29am Mar 29, 2013 8:29am
[quote=Jackub;6558322]
Quoting emmanuel7788
About using APB or HA candles:

I use APB/HA on my all my charts for analysis. I love to trade PA using the original price bar because PA is king as what Big E taught me.

Yes, puting on ABP candles bar chart, shows me open and close levels, this is the way I am using APB
BR

Yes, we all trade the PRICE... the real price not the artificial created average price.

do not forget the high and low too.
Few traders asked why their pending limit orders were not triggered when the place their pending orders on the APB open. There are occassions when increased volatility, the APB open is further away from the real price OHLC.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #16,710
  • Mar 29, 2013 10:07am Mar 29, 2013 10:07am
[quote=emmanuel7788;6558344]
Quoting Jackub


Yes, we all trade the PRICE... the real price not the artificial created average price.

do not forget the high and low too.
Few traders asked why their pending limit orders were not triggered when the place their pending orders on the APB open. There are occassions when increased volatility, the APB open is further away from the real price OHLC.

I put these images to see if I understand correctly what graphics with APB / HA and HA only with graphs

1st image is graphic with APB / HA, right?
2nd image is only with graphs HA, right?

Emmanuel ... hello, can you confirm this for me and others who have the same doubt I?
Thank you.
jvbs
Attached Image (click to enlarge)
Click to Enlarge Name: nzdusdh4 2.png Size: 72 KB
Work very hard until you get there (excuse my english)
  • #16,711
  • Mar 29, 2013 10:22am Mar 29, 2013 10:22am
[quote=jvbs;6558569]
Quoting emmanuel7788


I put these images to see if I understand correctly what graphics with APB / HA and HA only with graphs

1st image is graphic with APB / HA, right?
2nd image is only with graphs HA, right?

Emmanuel ... hello, can you confirm this for me and others who have the same doubt I?
Thank you.
jvbs
Hi jvbs,

You either use the Synergy APB or the Heiken Ashi_DM (HA) on your chart. Both indicator will show the average price candles.

the real price can be shown on your charts in 3 different ways - Bar, Candlestick, or Line

The price bar or candlestick or line can can place on front of the indicators (Foreground) or in the back behind the indicators APB or HA


Your 1st chart show Bar Chart of the real price, in the Foreground.

Your 2nd chart show the price in Line chart, in the Foregorund.

see my attached explanation and play with these and see how your chart change.
Attached Image (click to enlarge)
Click to Enlarge Name: MT4 chart type.png Size: 108 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #16,712
  • Mar 29, 2013 10:42am Mar 29, 2013 10:42am
[quote=emmanuel7788;6558606][quote=jvbs;6558569]

Hi jvbs,

You either use the Synergy APB or the Heiken Ashi_DM (HA) on your chart. Both indicator will show the average price candles.

the real price can be shown on your charts in 3 different ways - Bar, Candlestick, or Line

The price bar or candlestick or line can can place on front of the indicators (Foreground) or in the back behind the indicators APB or HA



how to put the chart in 2nd plan, lines, candles or bars, this I know, my doubt is whether the indicators, Synergy APB and Heiken Ashi_DM (HA), they are different indicators?
Work very hard until you get there (excuse my english)
  • #16,713
  • Mar 29, 2013 12:32pm Mar 29, 2013 12:32pm
Quoting emmanuel7788
http://www.forexfactory.com/attachme...1&d=1364486486

Your entry was on the 2nd white candle, right? that looks like a bounce off the lower channel you have on your chart.
the down channel shows a flow down, which indicates this is countrend.
also you have the pivot shown from IBFX, but the price bars don't look like GMT000 server. My IBFX broker show different from yours.

manage well...look out for...
Hi Emmanuel thanks you for your time looking at my chart.
I have remade my charts could you have a look.
Any advice appreciated.
Attached Image (click to enlarge)
Click to Enlarge Name: euraudh1.png Size: 38 KB
  • #16,714
  • Mar 29, 2013 5:52pm Mar 29, 2013 5:52pm
Came across this site and read through several posts. Managed to set up the my charts with TDI and Stochastik finally. Can anybody tell me how I can insert the yellow line showing in eelfranz' chart? Thanks in advance and thanks as well for all the informative contributions here.
Quoting eelfranz
Here is a training chart... yes, yes, yes there are many trades on it but look at the TDI Blue boxes.

A Normal entry is when green crosses red on the TDI (and you can actually see the green on the other side)

A bounce trade is when green gets close to red but bounces away and the original trade continues are good entries generally.

[FONT=Comic...
  • #16,715
  • Mar 29, 2013 8:28pm Mar 29, 2013 8:28pm
Quoting redfan
Hi Emmanuel thanks you for your time looking at my chart.
I have remade my charts could you have a look.
Any advice appreciated.
Hi redfan,

your new chart look better with the price bar Open and Close showing with the APB.

For intraday trading, the are several choice for support and resistance. Big E did not specifically talk abot what his 'supp/res' he uses. But I know he has from his years of trading experience. He keep his post charts clean without clutter for us to obseve and learn from.
But as independent traders, we have many choices, and for daily support and resistance we can conisder the use of daily pivots or the Prev D Fibo retracement levels. Other support and resistance are also the Prev D OHLC. The round number prices - commonly we call BRN or RN ...like 1.2000 and 1.2050 as examples.
Important we keep things simple and apply whatever we choose to use ... CONSISTENTLY. This will help us when we make trade decisions much easier and quicker without hesitation asking and questioning rules and our own thoughts.

The TMS core component are the TDI, APB and the 5EMA. The Stoch is just a confirmation tool we use. These combine together to give us the higher probability trade setups. PASR are the basic skills every traders must have.

Practice, practice, practice .... adds to your experience. Experience will give you confidence when you trade the market.

Good Trading in the coming week from 2 April. Monday market will be thin. Use the time to practice and back-test.




I made some comments on your chart attached below.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: redfan EURAUD post 30-3-2013 8-49-19 AM.png Size: 89 KB
Click to Enlarge Name: APB and real Price.png Size: 64 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #16,716
  • Mar 29, 2013 8:34pm Mar 29, 2013 8:34pm
[quote=jvbs;6558658][quote=emmanuel7788;6558606]
Quoting jvbs

Hi jvbs,

You either use the Synergy APB or the Heiken Ashi_DM (HA) on your chart. Both indicator will show the average price candles.

the real price can be shown on your charts in 3 different ways - Bar, Candlestick, or Line

The price bar or candlestick or line can can place on front of the indicators (Foreground) or in the back behind the indicators APB or HA



how to put the chart in 2nd plan, lines, candles or bars, this I know, my doubt is whether the indicators, Synergy APB and Heiken...
Hi jvbs,

Use the Synegy APB posted by Big E in post#15: he call them HA candles.

http://www.forexfactory.com/showthre...05#post4569705

I use the one name Heiken Ashi_DM. (DM for Dean Malone).

These two indicators are the same when I tested them on the charts.

Regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #16,717
  • Mar 29, 2013 9:05pm Mar 29, 2013 9:05pm
This morning I started to read over Big E' posts again starting from his post#1. It is a strange but good feeling as I could feel him talking as I read his posts word by word, his voice, his tone, his body language, all that of a man of wisdom. Above all that, I remember him today as person who love God. Big E as I know is 10 years my senior, he is just like my big brother whom I never met in person.

Now his post below, he wrote that the HA candles move 3 to 8 candle on average. My back-testing confirms this 3 to 8 HA candles move is in fact quite accurate in H4 timeframe. It is price behaviour and market structure described in a simple way using HA candles.
Entry on the first and second HA candle, why? Obvious reasons.
The Japanese candlestick showing real price will cause some stress. That's why he recommedns we use the HA only.
Pay attention to this simple yet very important details when we trade TMS.

Quoting eelfranz
....

HA candles average a 3-8 candle run in most cases when it reverses... That's why I want to enter on candle 1 or 2 if I see a set up. A single candle on the 4hr nets you 30-60 pips or more generally. If it goes 3-4 candles you've already made 80-150 pips.

[font=Comic Sans MS][size=3][color=#0000ff]When using Japanese candles you see up down up down and your stressed to the max during your trade... It's more calming...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #16,718
  • Mar 29, 2013 11:22pm Mar 29, 2013 11:22pm
Or, as he said it another way:

Ifyou don't like HA Candles then trades the Japaneese candles. Theywill screw up your emotions and decisions though... Your theman/woman, it's your money... do what you want. When the bleedingstops you can come back to the HA group.... honest.
My favorite crochet hook is size J. It's a J-Hook!
  • #16,719
  • Mar 30, 2013 12:40am Mar 30, 2013 12:40am
Also,

If you keep reading, Big E got to the point where he dropped
the 5 ema & stochastics. He was only using the synergy apb
& Tdi. The reason he taught everyone to use the stochastic
and 5 ema was to give new traders warm fuzzy feelings.

He also played with the Tdi as his exit indicator. First he would exit
when he got up in the morning (n/y open) and close his positions or
switch to the 1 hour charts. Later on, he would exit when the Tdi
turned back into the red signal line (optional exit).

I think that Big E was intraday position trader. He traded
naked except for the synergy apb & Tdi. Other people have added
other "stuff " but Big E was a pretty basic, naked trader. He traded mostly
on the 4 hour and daily charts. But...the amazing thing is he made a ton of
money...so I guess results speak for themselves.

I've tried to keep my trading exactly like Big E would teach. All I can
say is... it works for me...

snarlyjack
  • #16,720
  • Mar 30, 2013 1:28am Mar 30, 2013 1:28am
I agree snarly jack
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