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Trading Made Simple

  • #40,201
  • Aug 6, 2014 7:02am Aug 6, 2014 7:02am
Quoting jmn5611
{quote} Big E only had a few HARD rules. People here break them regularly. He did not say that money management was one of his HARD rules, he just said that was just his style. Big E was very very clear on his signals. And he was fighting people on that up till his last posts. All that is asked is to be strict on the signals. How hard is that?
Thats the point, I do take his signals, a clear and good cross of the TDI at a good angle, and only on 1st or second candle. Thats still how I take the trade, the only thing I do extra to that is take the higher timeframe trend into account, other than that, the main criteria for entry is what I just posted.
  • #40,202
  • Aug 6, 2014 7:09am Aug 6, 2014 7:09am
Quoting TheScorpS
Trying ECAD for the sake of understanding PA and TDI , BE at the moment There was previous small ABCD completion zone, TDI green red, MBL, 50 line were all crossing at the same time, I kind of anticipated the golden gross, and went long on M15 bar candle , there was divergence too on M15 Will see how far this one goes, currently reistence holding PA, look left {image}
Hi TheScorpS, hope you got out of your long safely. I m the short right now as the angle looks too good to ignore (btw my entry was late), hope ECAD still a lot more to go ....
Attached Image (click to enlarge)
Click to Enlarge Name: ECAD H4 short Wed 6.8.14 (late entry).png Size: 83 KB
Appreciation is the key to wealth and happiness
  • #40,203
  • Aug 6, 2014 7:33am Aug 6, 2014 7:33am
lastingwell
Hijack means that to use violence to take someone's control when still he or she is in command.
In this case BigE is not here anymore, and he will be very pleased you are trying to suceed his sprit if he is alive.
You are not hijacking anyone's place at all.
So you should be proud of yourself what you are doing here.
Regards
  • #40,204
  • Aug 6, 2014 7:56am Aug 6, 2014 7:56am
Not every person who lands up on this thread can read price action with HA candles like a wiz. Not every person can identify S/R levels perfectly. What I have learnt using lastingwell's way of trading is to go with the higher tf trend,just like BigE advised us to. It has stopped me from taking counter trend trades(not everyone is good at that). It has given me and many others the confidence to enter trades. This way gives me a chance to make money.
BigE started this thread not for the wizkids but for normal people trying their hand at forex and not getting anywhere.
Lastingwell has made it a bit easier for the newbies to TMS. BigE wanted the traders to win and fill their wheelbarrows with pips. Lastingwell is doing the same(atleast in my book) and surely BigE would approve(IN MY OPINION).
  • #40,205
  • Aug 6, 2014 8:54am Aug 6, 2014 8:54am
Quoting TheScorpS
{quote} Good trade, hope it works for you, maybe I can jump later in shorting this pair , good TDI cross, only red line ie TSL needs to be adjusted to ignites the trade Weekly MBL is turning around too, good luck
What were you saying about the TSL line? Why does it need to be adjusted?
  • #40,206
  • Aug 6, 2014 9:26am Aug 6, 2014 9:26am
Attached Image (click to enlarge)
Click to Enlarge Name: 20140806-csiz-118kb.jpg Size: 119 KB


a nice sell for 70 pips perfect
  • #40,207
  • Aug 6, 2014 9:38am Aug 6, 2014 9:38am
Lord What a massive pullback EURAUD
Attached Image (click to enlarge)
Click to Enlarge Name: 8-6-2014.png Size: 71 KB
Sad i'm not trying to understand PA
  • #40,208
  • Aug 6, 2014 9:39am Aug 6, 2014 9:39am
Quoting lastingwell
{quote} Thats the point, I do take his signals, a clear and good cross of the TDI at a good angle, and only on 1st or second candle. Thats still how I take the trade, the only thing I do extra to that is take the higher timeframe trend into account, other than that, the main criteria for entry is what I just posted.
I can't thank you enough for what you have contributed to this trading method, Lastingwell.
Appreciation is the key to wealth and happiness
  • #40,209
  • Aug 6, 2014 9:50am Aug 6, 2014 9:50am
Quoting omonisha
Lord What a massive pullback EURAUD {image}
yeah. I still need to learn to stay in longer...
Attached Image (click to enlarge)
Click to Enlarge Name: EA H4 sell Tue 5.8.14 +.png Size: 96 KB
Appreciation is the key to wealth and happiness
  • #40,210
  • Aug 6, 2014 10:13am Aug 6, 2014 10:13am
Quoting likica
{quote} Hi TheScorpS, hope you got out of your long safely. I m the short right now as the angle looks too good to ignore (btw my entry was late), hope ECAD still a lot more to go .... {image}
Hi

I did close that since yesterday, PA in consolidation, so let it all alone

Now today I took quite good trades , this was the one I can separate, my first 100 + pips ever since started trading 1 and half year ago
Attached Image (click to enlarge)
Click to Enlarge Name: GJ_H1.jpg Size: 353 KB
I Have Learned to Take Some Losses to Make Profits
  • #40,211
  • Aug 6, 2014 10:25am Aug 6, 2014 10:25am
Hi guys

Anyone here trade DAX30 its really fast on pips its a fast movement, who trades it here? any tips
Skype ID - jagpal.kooner1
  • #40,212
  • Aug 6, 2014 10:47am Aug 6, 2014 10:47am
Quoting lastingwell
{quote} I would hate to think of myself as a hijacker so will leave the thread as I don't find it easy trading exactly the way Eelfranz did, as a lot of people don't. I've seen lots of traders saying how profitable it is just looking at the H4 chart and the cross, but I've only seen Bizzle actually do that of recent times, I haven't seen even a chart of yours to help newer traders tomthepopop although you've said its really profitable, Eelfranz always wanted to help newer traders. Even the thread starter of Trading Made Simple the right way, and...
This is getting really silly - lastingwell is doing a fantastic job of trading with TMS and providing a lot of help to folks in getting to grips with the approach. For all those proclaiming to be the "True Big E" followers, understand that no two traders will ever trade the same - this is an approach and the rules were set by Big E to suit his time zone and his trading style.

Sounds like jmn5611 and tomthepoppop are born again Big E advocates - nothing wrong with that - have fun on jmn's thread and quit the bickering and I promise not to taint your thread - looks like I have 2 new candidates for the ignore feature!
"To live with Passion, it takes Courage and Grace to survive"
  • #40,213
  • Aug 6, 2014 11:10am Aug 6, 2014 11:10am
Quoting Britpip7
{quote} This is getting really silly - lastingwell is doing a fantastic job of trading with TMS and providing a lot of help to folks in getting to grips with the approach. For all those proclaiming to be the "True Big E" followers, understand that no two traders will ever trade the same - this is an approach and the rules were set by Big E to suit his time zone and his trading style. Sounds like jmn5611 and tomthepoppop are born again Big E advocates - nothing wrong with that - have fun on jmn's thread and quit the bickering and I promise not to...
Thanks Britpip, really appreciate your being here , sometime the thread needs a compass to bring things back together, I would defiantly leave this thread altogether, but I just want to be here while other seniors are busy with life, I want to give back to what made me find the way, Big E gave us a strategy, he was clear about learning the basics before committing to TMS, we still trade in the same way that Big E started, a little variation dosent mean we trade differently , everyone view PA in different way, that's the nature of life, be productive , we could learn something new every now and then

lasting-well, have always been the trader I learn from each and everytime she is here, I my self trade with harmonic combined with TMS, Phx62, dicinc too have always used some sorts of harmonic to view the market, they are top trader, and we all learnt from them, have they really changed anything about TMS

Thanks again, and thanks Lastingwell and all the seniors that I learnt from
I Have Learned to Take Some Losses to Make Profits
  • #40,214
  • Aug 6, 2014 11:17am Aug 6, 2014 11:17am
I'm back trying TMS again after taking a break from trading for a while. I started it some time ago with mixed results. I think I'm more disciplined now and will be trading fewer trades but with higher probability. Took two trades last night (EJ GJ) and exited early as I could not monitor my trades but profit is profit.(+123 pips)

My strategy will be to first of all use TMS rules. I will be using the 4H chart and looking to trade pullbacks and then enter with the prevailing trend. Daily chart will be referenced for confirmation of the trend. Trying to keep it simple. S/R, Trend, TDI cross.

So here we go.... Lastingwell..... good to see your still here as well as a few others that were trading when I left. Shows that TMS must be working when mastered.

PS: Not posting the EJ trade as it was not a TMS trade.
Attached Image (click to enlarge)
Click to Enlarge Name: GY.png Size: 23 KB
  • #40,215
  • Aug 6, 2014 11:22am Aug 6, 2014 11:22am
Quoting Agk007
{quote} What were you saying about the TSL line? Why does it need to be adjusted?
When taking a TDI cross, I would like to see that red line TSL and green line RSI are both going into the same direction, ie gren crossing red but red going the other way isnt good , until both agree with each other

I do this in all time frame, so if am monitoring M15 and taking H1 trade, I would like to see that too on M15 chart

This GU trade from early morning, on M15 TSL was not in good agreement with green RSI, so I had to wait before taking the trade , while the same trade I took on GJ with good green and red pointing in the same direction on m15, there was just minimal drawdon before continuation
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU_H1.jpg Size: 383 KB
Click to Enlarge Name: GUM15.jpg Size: 345 KB
I Have Learned to Take Some Losses to Make Profits
  • #40,216
  • Aug 6, 2014 12:44pm Aug 6, 2014 12:44pm
Quoting Britpip7
{quote} This is getting really silly - lastingwell is doing a fantastic job of trading with TMS and providing a lot of help to folks in getting to grips with the approach. For all those proclaiming to be the "True Big E" followers, understand that no two traders will ever trade the same - this is an approach and the rules were set by Big E to suit his time zone and his trading style. Sounds like jmn5611 and tomthepoppop are born again Big E advocates - nothing wrong with that - have fun on jmn's thread and quit the bickering and I promise not to...
Thank you Britpip I appreciate the comments especially coming from a trader of your calibre and experience with TMS. I've had a lot of messages from people asking me to re-think, so I will continue to post as long as its helping more than confusing people.
  • #40,217
  • Aug 6, 2014 1:11pm Aug 6, 2014 1:11pm
Quoting TheScorpS
Leaving this trade opened for overnight with stop to BE before going to bed This trade was opened from LO, so thats 11 hours into the trade, just following the rules {image}
Hi TheScorpS,

thank you for your previous feedback on EJ.

Could u please let us know what made you take this retracement trade of GJ besides TMS?

thank you
  • #40,218
  • Aug 6, 2014 1:24pm Aug 6, 2014 1:24pm
Quoting jmn5611
{quote} Big E only had a few HARD rules. People here break them regularly. He did not say that money management was one of his HARD rules, he just said that was just his style. Big E was very very clear on his signals. And he was fighting people on that up till his last posts. All that is asked is to be strict on the signals. How hard is that?

We must also not let the perfect become the enemy of the good. We're doing good on this thread J.
.... laughing all the way to the bank
  • #40,219
  • Aug 6, 2014 2:20pm Aug 6, 2014 2:20pm
The thing thats annoying me is that I dont think a newbie will understand easily by reading these last pages, but its okay continue as you wish, i wish you the best anyway.
YOUR MOTHERS ASS
  • #40,220
  • Aug 6, 2014 2:27pm Aug 6, 2014 2:27pm
Quoting santos23
The thing thats annoying me is that Ihe mr dont think a newbie will understand easily by reading these last pages, but its okay continue as you wish, i wish you the best anyway.
The market has indeed changed Santos. The big ranges Big E was accustomed to are no longer the norm....

Trading is difficult but there are good traders here who can help, if you're prepared to put in the graft....

I wish you the best too.
.... laughing all the way to the bank
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