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Monitor for 'Trading Made Simple' system 565 replies

Trading Made Simple the right way, and other trading lessons 334 replies

Indicators for the 'Trading Made Simple' system 343 replies

MTF Indicators for the 'Trading Made Simple' system 241 replies

Trading Made Simple system follower - Thanks to eelfranz 9 replies

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Trading Made Simple

  • #45,901
  • Dec 7, 2014 7:13am Dec 7, 2014 7:13am
Quoting ArchangelG
{quote} I understand that traders always feel compelled to add more indicators to improve on a system. But let's not forget the title of this thread... "Trading Made Simple." eelfranz the OP himself stated 3 years ago... (Paraphrasing)... forget about adding other indicators... it will only confuse your trading! Now I haven't read all 2,296 pages of this thread, but I have read enough to know that there are members here trying to add to the OP's simple trading strategy. Why complicate it? Now if eelfranz has revised his trading method over the past...
ArchangelG,

Nice meeting you! I like your user name by the way!

This is trading made simple. We really only added 1 thing, the long term guppy's.
We have always used the tdi. Lastingwell brought in the s/r levels. So now we
have the tdi & levels & trend.

We want Trading made simple, to not only be simple but extremely profitable. I
really think the system is simple & profitable. And yes a person just needs to stare at
this template day after day and you will see the moves. Eelfranz imho stripped to
much out of the system and were only putting back in what we really need. We
need the levels and the trend!

All I ask is you give it a try for a week & see what you think. Compare both system's
candle by candle and see if you can tell a difference. I'm trying to help you not
confuse you. I'm sorry if I confused you!

sj
  • #45,902
  • Dec 7, 2014 7:20am Dec 7, 2014 7:20am
Quoting likica
{quote} Thanks for your encouragement and on going support SJ. Knowing when to enter a good trade is A, how to manage it well is +A that where I need to improve. I know you only focus on EU GU AU and lots of traders are now interested in EA. Just a few are into GA. Here is my interest beside EA, well every time I see a divergent I get excited, but need more bear to go short... {image}
Likica,

Ok...I took out the chf/usd & put in the E/A. I've never traded it
but a chart is a chart. If it moves I can trade it I'm looking
forward to learning something new!

The secret to trading is patience and not letting the market syke
you out...

sj
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURAUDDaily.png Size: 67 KB
Click to Enlarge Name: EURAUDH4.png Size: 67 KB
  • #45,903
  • Dec 7, 2014 7:26am Dec 7, 2014 7:26am
Quoting emmanuel7788
{quote} Hello SJ, Sorry no photos to upload the past few days as I was in very remote areas in WA. The internet bandwidth is very limited and too many users sharing. Will try next week when I back in the big city of Perth and connection would be more permanent. You are keeping the TMS family going very well and in high spirit. Eric is looking down on us and seeing what is going on with you and many active traders sharing their experience in his thread, I am sure he has a very big smile. Good Trading next week.
Emmanuel,

I hope your having a great vacation, getting totality relaxed
and decompressing. Vacations are great

When your back I would love to see your pictures!

Be safe...

sj
  • #45,904
  • Dec 7, 2014 7:38am Dec 7, 2014 7:38am
Quoting TheScorpS
dustbin Thanks for sharing this with us You need to see the same thing everyday, same template, same idnicator, repetition until you get bored of doing the same even if the results dosent represent what you want just keep doing and working hard while back-testing, basically do the same u do everyday , then only you will see the positive results you are after , TMS traders think about it , I remember all those traders that traded TMS at one pint and gone by now if they have done it this way , they sure would need a wheelbarrow , if not by now, am...
Nice meeting you Dustbin,

Welcome to Tms. ScorpS is correct. Once you get everything set-up
don't change it. Repetition, repetition, repetition...

We want Tms to not only be simple but we also want it to be very profitable.
What your looking at is a great system. To be honest, imho, price action
is #1, Tms is #2. If you can combine Tms with reading the apb's (price action)
we can have the best of both systems. Hard core price action is very hard
to read and even then it is still a probability game. Price action uses levels (s/r)
and trend. This system is a blend of price action, using the Tdi with levels & trend.
I think this is a better long term system that you can use for years & years...

sj
  • #45,905
  • Dec 7, 2014 8:35am Dec 7, 2014 8:35am
Hey everyone,

Were working to hard!
Let's lighten the mood & listen to
a great Christmas song to get us in the
spirit of things...

Inserted Video
  • #45,906
  • Dec 7, 2014 9:48am Dec 7, 2014 9:48am
Quoting snarlyjack
Good morning everyone. Let's talk about the system for a second to give you a brief history of the whole thing. I think Eelfranz got involved with Dean Malone at Compass Fx (Synergy) in about 2007. Eelfranz was introduced to the Tdi & liked it. Eelfranz living on the west coast of the USA was looking for a 4 hour system. Eelfranz was a pretty aggressive trader. The inventor of the Tdi Dean Malone is a pretty conservative trader and Eelfranz blended the system into Tms. Tms is a pretty aggressive system. We have Tms & Synergy, then Dean Malone...

Good afternoon !Since some weeks I watch this thread from the sideline and specially your posts are very inspiring Snarlyjack.I watched the most of the D.O.T.S method videos , the method you trade. I like the idea with the moving averages much and specially the fix entry .. stoploss and target1 and target 2 would be an phenomenon with my trading. But I did not find the indicator for it , that draw the coloured lines in my chart with the entry , tp and sl lines. Could you please share it soon ? Thank you k.dax
  • #45,907
  • Dec 7, 2014 10:59am Dec 7, 2014 10:59am
Afternoon All, I hope you are all having a great weekend. I'm sitting at work reading trading in the Zone and wanted to share a bit with you -

We start from the premise that to create consistency traders must focus their efforts on developing a
trader's mind-set, then it is easy to see why so many traders don't succeed.

Instead of learning to think like traders, they think about how they can make more money by learning about the markets.
It's almost impossible not to fall into this trap.

There are a number of psychological factors that make it very easy to assume that it's what you don't know about the markets that causes your losses and lack of consistent results.

However, that's just not the case. The consistency you seek is in your mind, not in the markets.

It's attitudes and beliefs about being wrong, losing money, and the tendency to become reckless, when
you're feeling good, that cause most losses—not technique or market knowledge.

Good Luck all, long may the green pips flow.
  • #45,908
  • Dec 7, 2014 1:31pm Dec 7, 2014 1:31pm
Quoting Fd7999
Afternoon All, I hope you are all having a great weekend. I'm sitting at work reading trading in the Zone and wanted to share a bit with you - We start from the premise that to create consistency traders must focus their efforts on developing a trader's mind-set, then it is easy to see why so many traders don't succeed. Instead of learning to think like traders, they think about how they can make more money by learning about the markets. It's almost impossible not to fall into this trap. There are a number of psychological factors that make it very...

Intelligence is the ability to adapt to change. Stephen Hawking
  • #45,909
  • Dec 7, 2014 1:42pm Dec 7, 2014 1:42pm
I was just checking out the eur/aud chart on the weekly.
I would like to see a pull-back, then go long. It has room to run.
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDWeekly.png Size: 69 KB
  • #45,910
  • Dec 7, 2014 4:38pm Dec 7, 2014 4:38pm
Quoting snarlyjack
{quote} ArchangelG, Nice meeting you! I like your user name by the way! This is trading made simple. We really only added 1 thing, the long term guppy's. We have always used the tdi. Lastingwell brought in the s/r levels. So now we have the tdi & levels & trend. We want Trading made simple, to not only be simple but extremely profitable. I really think the system is simple & profitable. And yes a person just needs to stare at this template day after day and you will see the moves. Eelfranz imho stripped to much out of the system and were only putting...
Thanks and thank you for your very helpful post SJ! No confusion whatsoever... I will have to checkout Lastingwell's s/r levels. Right now I'm back-testing the charts with just the SupDem indicator and it looks good. Of course, supply and demand zones get absorbed here and there and picking reversals might not be the way to go.

I've actually tinkered with the guppy indi's in the past before, so I will check that out. As you mentioned in your post, going with the TDI, s/r levels, and the trend, appears to be the winning formula...

I really like this thread and the support of so many thoughtful and helpful members. Looking forward to a great journey. Wishing everyone nothing but success!
  • #45,911
  • Dec 7, 2014 5:43pm Dec 7, 2014 5:43pm
it s quite early for trading.
Here is EA long entering on M30 TDI confirmed with break-out H4 indecision candle. Let s see how it turns out, might move PT along.
Attached Image (click to enlarge)
Click to Enlarge Name: EA M30 h4 Mon 8.12.14@10.37a aedt.png Size: 85 KB
Appreciation is the key to wealth and happiness
  • #45,912
  • Dec 7, 2014 8:11pm Dec 7, 2014 8:11pm
Quoting snarlyjack
I was just checking out the eur/aud chart on the weekly. I would like to see a pull-back, then go long. It has room to run. {image}
Hello Snarly,

I have been searching the thread for the settings on the Guppy. I used to trade Guppy in the past but it has been a while. Would you share your settings? Are they EMA? If so, what are they set to - the apply to settings (close, open, typical...)?

Thanks
Dan
Without vision, the people will perish.
  • #45,913
  • Dec 7, 2014 8:20pm Dec 7, 2014 8:20pm
GN long out for 50 green
Attached Image (click to enlarge)
Click to Enlarge Name: GN M15 H1 H4 buy Mon 8.12.14 SO.png +50.png Size: 101 KB
Appreciation is the key to wealth and happiness
  • #45,914
  • Dec 7, 2014 8:44pm Dec 7, 2014 8:44pm
Quoting likica
GN long out for 50 green {image}
Nice start likicacongrats
Sad i'm not trying to understand PA
  • #45,915
  • Dec 7, 2014 9:04pm Dec 7, 2014 9:04pm
Quoting bythepound
{quote} Hello Snarly, I have been searching the thread for the settings on the Guppy. I used to trade Guppy in the past but it has been a while. Would you share your settings? Are they EMA? If so, what are they set to - the apply to settings (close, open, typical...)? Thanks Dan
Bythe pound,

Nice meeting you.

The short term guppy #'s are: 5,8,10,12,15
The long term guppy's #'s are: 30,35,40,45,50,55 & 60
They are ema's set to close.
But we don't use the short term guppy's. I use the pac
(price action channel) 5 smoothed set to hi & 5 smoothed set to low.
The pac shows better entry/exit signals than the short term guppy's.
They are approximately the same but they look totality different.

Read all of my posts from mid October until now...that will help you.
Hope this helps you!
sj
  • #45,916
  • Dec 7, 2014 10:52pm Dec 7, 2014 10:52pm
Giving some jpy shorts a try....
Attached Image (click to enlarge)
Click to Enlarge Name: 069.PNG Size: 54 KB
  • #45,917
  • Dec 7, 2014 11:03pm Dec 7, 2014 11:03pm
took advantage of Aussie diving for GA long bagged 40 green (well did not have time to move PT)
Attached Image (click to enlarge)
Click to Enlarge Name: GA H1 M30 buy Mon 8.12.14 @2.p aedt +40.png Size: 112 KB
Appreciation is the key to wealth and happiness
  • #45,918
  • Dec 7, 2014 11:05pm Dec 7, 2014 11:05pm
Quoting omonisha
{quote} Nice start likicacongrats
thank you for your support. did you get in any trade?
Appreciation is the key to wealth and happiness
  • #45,919
  • Dec 7, 2014 11:10pm Dec 7, 2014 11:10pm
Quoting likica
{quote} thank you for your support. did you get in any trade?
No trade till now as i am holding GA and AU
Sad i'm not trying to understand PA
  • #45,920
  • Dec 7, 2014 11:17pm Dec 7, 2014 11:17pm
Quoting omonisha
{quote} No trade till now as i am holding GA and AU
very well . AU is looking supportive for my EA long too
Appreciation is the key to wealth and happiness
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