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Trading Made Simple

  • #36,441
  • Apr 20, 2014 1:32am Apr 20, 2014 1:32am
Chart standard should be similar to this

http://www.forexfactory.com/showthre...55#post4911355
  • #36,442
  • Apr 20, 2014 1:34am Apr 20, 2014 1:34am
Quoting hupipko
{quote} Here are the compilations I prepared back in 2012 for those who feel like learning during the Easter holidays. Anyway, I fully agree with you GilR, I've been following this thread from the beginning but I've got completely lost in the last year or so. One can hardly see what is TMS about. Regards hupipko {file} {image}

If that Pdf is Eric's complete posting then anyone serious about trading TMS should read and study that before asking questions
  • #36,443
  • Apr 20, 2014 1:54am Apr 20, 2014 1:54am
Quoting SeerEye
{quote} Gil - just a little search in in the attachments on the thread... it's already all here.. {image}
I know, my thought was a post on page 1800 something with Eric's post sothat one could refer a beginner or infringer to post 1800 something.

But I know understand it would take several pages. Any body have ideas as I do not believe it is possible to add the PDFs and template to page 1 unless FF will do it for us
  • #36,444
  • Apr 20, 2014 3:35am Apr 20, 2014 3:35am
Hello there pepole and happy holiday all,

just my view on the late M.r Eric method ..i realy belive he want that new traders will success with his method and i dont know why some ppl just

keep to complicate it and with no reason..his thread he name it "TRADING MADE SIMPLE" with an reason for it..anyway i have my view on it

and as my occupation to develop strategies here is my simple view with no complicates indicators only the mtf TDI!

Regards

Eitan.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 206 KB
when GOD brings you a challenge he also gives you the power to deal with it
  • #36,445
  • Apr 20, 2014 3:46am Apr 20, 2014 3:46am
Quoting GilR
{quote} If that Pdf is Eric's complete posting then anyone serious about trading TMS should read and study that before asking questions
Yes, these are his posts from the TMS thread and some from his previous thread (Craig Harris Stochastics Method), where he already used this simple method in the last months of the thread.
Also, I attach a short summary of the method and Eric's most important comments. All from his posts.
Regards
Attached File(s)
File Type: pdf Best of BigE.pdf   564 KB | 2,465 downloads
  • #36,446
  • Apr 20, 2014 4:04am Apr 20, 2014 4:04am
Quoting GilR
Any talk of anything else including channels, robots, breakout boxes, other indicator etc can only be discussed by PM or another relevant thread.
Hello Gil,
I disagree re channels. A big part of Eric's strategy is "look left" and, as you know, he's referring to support and resistance. Channels are support and resistance in action.
Kan
Thanks for your help, warmth and straight talking Heather.
  • #36,447
  • Apr 20, 2014 4:20am Apr 20, 2014 4:20am
Quoting GilR
{quote} I like that --- judge and then throw in your 2 cents worth. and personal attack. POINTLESS We do not need to link anymore indicators, templates etc. Every one Big E used is in the thread. Every other one takes away from Eric's gift to us and dishonours his work!

dude, you need to relax. I made a general statement and in no way singled any one person out. A defensive response isn't a pretty look on you.

and its not a new indicator. Did you even read my post? Or do you just start blabbing?..it was a struggle to find a coded version of average price bars for the fxcm platform. If anyone uses the platform it could be of BENEFIT to them.
  • #36,448
  • Apr 20, 2014 4:27am Apr 20, 2014 4:27am
Quoting Kanderpro
Hello All, Can someone please direct me to a previous post with the information I ask for, or just tell me............ How, when I'm creating a post, can I quote more than one previous post? Thanks, Kan

Quoting timginter
{quote}I open each quote in a new tab (middle mouse button default), then just copy and paste quotes from different tabs to one reply and post that main one, close the rest. Rough, but works. Maybe there's a more neat solution
Thanks for your response Tim. Yes, I was hoping that there is a neater solution.
Kan
Thanks for your help, warmth and straight talking Heather.
  • #36,449
  • Apr 20, 2014 4:58am Apr 20, 2014 4:58am
http://www.forexfactory.com/showthre...27#post7012227

"It's Rick (dginc) who said it and I believe strongly what he said. Paraphrasing: There is an overflow of information coming from everywhere that will cloud your judgement.

It's not that all information is bad, it's often just unnecessary ..

I remember when i started reading this thread I was excited. It was simple, people had success with it and I understood the concept. But as I advanced in the thread things were added and it became a mess in my head. Why add all of these things if the thread starter didn't use them and was profitable ?

The answer came later
The thread starter (eelfranz) only used HA candles and the TDI. Does that mean that that is all he used ? No ! He referred often to 'basic forex stuff'
He used S&R but didn't draw them, he just checked it quickly visually.
He looked at previous market movements, comparable to ABCD harmonics/ trend / etc.
He looked at (double) tops and bottoms on the TDI, comparable to oversold/overbought / Divergence etc.

These things that he just SAW without having to draw anything is possible by having a lot of experience. Does that mean that we can't do it ? Sure we can, we just have to draw it to help us visualize it

Again the key is Market Structure, Price Action and understanding your TDI "
Cut your Losers short and let your Winners run.
  • #36,450
  • Apr 20, 2014 5:06am Apr 20, 2014 5:06am
Quoting dee50
http://www.forexfactory.com/showthre...27#post7012227 "It's Rick (dginc) who said it and I believe strongly what he said. Paraphrasing: There is an overflow of information coming from everywhere that will cloud your judgement. It's not that all information is bad, it's often just unnecessary .. I remember when i started reading this thread I was excited. It was simple, people had success with it and I understood the concept. But as I advanced in the thread things were added and it became a mess in my head. Why add all of these...
Thanks to Armacom, and dee50 for re-posting it.
Thanks for your help, warmth and straight talking Heather.
  • #36,451
  • Apr 20, 2014 5:18am Apr 20, 2014 5:18am
Quoting Phx62
{quote} Leonora, At first glance it looks like a PCRF but if you look at the pdf posted earlier, one of the requirements is that "The wick of a pullback candle must be at least 1/2 of the total size of that candle......" Based on that, this formation would not qualify as a PCRF. And you are right....price was in consolidation so even if it was a PCRF, price probably would have not gone far. All the formations, indicators, trends and S/R levels mean nothing if there is no volatility in the market. Good luck to you......
hello phx62 thank you for your chart each week and your trade you learn a lot .
you say " if there is no volatility in the market " but how do you judge if there will be volatility ?
  • #36,452
  • Edited 6:43am Apr 20, 2014 6:18am | Edited 6:43am
Quoting GilR
{quote} I think when we add those or any other indicator we are going against YMS unless Eric gave it the tick of approval. For support/restistance, trend etc he wanted us to zoom the chart out and look to the left and read the chart without anything but our eyes. He wanted TMS. I think when we add Fibs etc we take away the ease he intended, especially for new folk. What we have on our trading charts on our computers we please ourselves, but post Eric's layout and explain our trades based on that here on FF. That is what I think is the best way...
Assuming that all people here already have the basic knowledge of S/R, trend and HA candlestick formations bare charts and an explanation from the person posting should be enough. Besides, in the end we all see what we want to, anyway
If someone is using other indicators (like me - session boxes, average true range for MM and 63 EMA for trend S/R) just create 2 templates - one yours one with pure TMS. If you see an entry on your template switch to pure TMS and double check if it's according to core TMS rules - if so, take a screenshot and post, then you can easily go back to your usual layout. After some time I imagine bare TMS may be enough to trade

Quoting thomi
{quote} hello phx62 thank you for your chart each week and your trade you learn a lot . you say " if there is no volatility in the market " but how do you judge if there will be volatility ?
Pardon for jumping in, but I use "Stochastic Slope" for volatility - an indication of how strongly the price moved against previous PA levels... just to use it for something, honestly. To save some space and to find any correlation between Stoch and TDI I put it in one indicator window. I need to do some more old chart study, though



But, just to close the Sessions Indicator (off)topic - please refer to http://www.forexfactory.com/showthre...00#post7416700. All the information and a new version are there so programming discussion can move from this thread
  • #36,453
  • Apr 20, 2014 7:15am Apr 20, 2014 7:15am
GilR and Co,
I believe you mean good here but I really hope you dont kill this thread the way things are going at moment!

Big E had a deep understanding of the FX market and how to trade it...it's more than just a TDI cross!!
I agree you don't have to add much to your charts but you need to add knowlegde and understanding.

I suggest to everyone here to study some of Emmanuel's posts to equip yourself with the knowledge to be succesfull in this brutal but potentially very lucrative business.

All the best guys!
B.P




Quoting GilR
I think we are starting to understand that off topic posts are now being removed In honour of the eeffranz it is time that any post must be on topic. Any chart his template. IT IS NOT OUR SYSTEM. If we modify the system that modification cannot be posted here. Any talk of anything else including channels, robots, breakout boxes, other indicator etc can only be discussed by PM or another relevant thread. I personally will apply clean up to anything else. Any template other than Big E's again --- clean up applied. If you trade diffrent or a modified...
  • #36,454
  • Apr 20, 2014 7:33am Apr 20, 2014 7:33am
I realise all mean well and that is great. It is a public forum and all will do whatever they want.

So good luck as you all move forward with this thread.
  • #36,455
  • Apr 20, 2014 7:38am Apr 20, 2014 7:38am
Quoting NewbTrader7
{quote} dude, you need to relax. I made a general statement and in no way singled any one person out. A defensive response isn't a pretty look on you. and its not a new indicator. Did you even read my post? Or do you just start blabbing?..it was a struggle to find a coded version of average price bars for the fxcm platform. If anyone uses the platform it could be of BENEFIT to them.
I am not your dude mate. having not posted for more than 2 months and then to presume and judge ....
  • #36,456
  • Apr 20, 2014 7:43am Apr 20, 2014 7:43am
Quoting bigpips
GilR and Co, I believe you mean good here but I really hope you dont kill this thread the way things are going at moment! Big E had a deep understanding of the FX market and how to trade it...it's more than just a TDI cross!! I agree you don't have to add much to your charts but you need to add knowlegde and understanding. I suggest to everyone here to study some of Emmanuel's posts to equip yourself with the knowledge to be succesfull in this brutal but potentially very lucrative business. All the best guys! B.P {quote}
Babypips.com school is the place to go to learn everything there is to know about the early knowledge of forex trading, by the time someone has properly worked their way through the lessons they will be ready to try a system.
  • #36,457
  • Apr 20, 2014 8:13am Apr 20, 2014 8:13am
Quoting dee50
http://www.forexfactory.com/showthre...27#post7012227 "It's Rick (dginc) who said it and I believe strongly what he said. Paraphrasing: There is an overflow of information coming from everywhere that will cloud your judgement. It's not that all information is bad, it's often just unnecessary .. I remember when i started reading this thread I was excited. It was simple, people had success with it and I understood the concept. But as I advanced in the thread things were added and it became a mess in my head. Why add all of these...
I hope you have the time Dee to come and post sometime , thanks for coming by
I Have Learned to Take Some Losses to Make Profits
  • #36,458
  • Apr 20, 2014 8:59am Apr 20, 2014 8:59am
Quoting bigpips
I suggest to everyone here to study some of Emmanuel's posts ....
Bigpips,

I suggest you study those posts with the following in mind:

Trader Code of Conduct section VI. No personal agendas
Forex Factory may not be used for personal agendas such as ego boosting, gaining attention, or exacting revenge. These agendas, even when tied to trading topics, can cause large-scale distractions that take focus off trading.

and

Realjumper's post 36166
Thanks for your help, warmth and straight talking Heather.
  • #36,459
  • Apr 20, 2014 9:16am Apr 20, 2014 9:16am
For comparison is there an indicator or way of moving say 4 charts loaded same period back historically besides individually?
  • #36,460
  • Edited 9:55am Apr 20, 2014 9:24am | Edited 9:55am
alex8585 please keep us posted with that

EDIT: would it be possible ot update us your daily TMS trades in the 'Trading Made Simple for Day Charts' thread - just for the sake of being easy to track?


Quoting alex8585
Hi to all, This is how i figured out to trade daily charts after backtesting. 1. Colour change in APB firts condition. 2. TDI cross above MBL long (only if tdi cross occures in the oversold zone in opposite direction of the trend can be taken long) 3.Shorts via versa. No other indicators or filters NOTHING. I had impressive results. Next week i will start posting trades taken on daily charts. If any suggestion feel free to advice as we are open minded. Also big request to senior members if it is against TMS system the rules described. Good...
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