Trading Made Simple | Page 3254 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

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

Attachments: Trading Made Simple
Exit Attachments

Trading Made Simple

  • #65,061
  • Edited 6:17pm Jan 26, 2016 6:05pm | Edited 6:17pm
Quoting shay14
{quote} very helpful may i ask for example , if its a long, we only look at the green line angle right? and red line for shorts? or we look at both lines angling up for a long, and down for a short?
No. You look at the green. If the green crosses up it's a buy and if it crosses down on the red it's a sell.
Please read the thread from the start and research the "TDI" indicator so you can get a better understanding of how it works first before asking questions. Look at all the trade examples there's tens of thousands of them. If you're still having an issue send me a PM so we don't clutter the thread.

Don't be lazy and do some reading. It's simple and it's all outlined at the very start of the thread.
  • #65,062
  • Jan 26, 2016 6:11pm Jan 26, 2016 6:11pm
Quoting Dimi.A
{quote} No mate. You look at the green. If the green crosses up it's a buy and if it crosses down on the red it's a sell. Please read the thread from the start and research the "TDI" indicator so you can get a better understanding first before asking questions. Look at all the trade examples there's tens of thousands of them. Don't be lazy and do some reading. It's simple and it's all outlined at the very start of the thread.
yh i am familiar with tms, ive had success with it, been too busy so started again using the tms watchdog and angleator indis, i think your clockface idea is much better
  • #65,063
  • Jan 26, 2016 7:10pm Jan 26, 2016 7:10pm
Quoting pete.alfa
Hi friends GU get ready for pullback ME/ME enter 15m,1h or 4hr. SL 2wks candle look back. TDI & Stochastic started from below 20 Sign of reversal - Daily candle closed above 10ema(emmanuel style) Cheers {image}
a question i have about this is, are you using daily for general trend (up, for four green HA bars now), 4 hr for strategy (up, for four green HA bars now) but looking for perhaps a red retrace bar or a green bar that retraces a little, and 1 hr for entry (down, now four red HA bars)?

In an ideal situation at the moment, we'd get a green one hour bar that breaks through resistance at around 1.4360, which leads to being off to the races. Right?
  • #65,064
  • Jan 26, 2016 9:37pm Jan 26, 2016 9:37pm
Quoting floydd
{quote} a question i have about this is, are you using daily for general trend (up, for four green HA bars now), 4 hr for strategy (up, for four green HA bars now) but looking for perhaps a red retrace bar or a green bar that retraces a little, and 1 hr for entry (down, now four red HA bars)? In an ideal situation at the moment, we'd get a green one hour bar that breaks through resistance at around 1.4360, which leads to being off to the races. Right?
Hi Floydd,

Thanks for your question
10ema on daily chart http://www.forexfactory.com/showthre...21#post8573621
I forgot about yesterday closed should close above 1.43618 but it didn't. I was looking at yesterday closed above above monthly S/R line.
Anyway we should look at 4hr chart on entry wait for some pull back. In this case wait for TDI 4hr APB set 1st or 2nd candle for long.
we should wait to confirm today or tomorrow daily candle close above 1.43618 or trade WRB in 4hr chart. it might be ranging for a while.

Cheers
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.jpg Size: 379 KB
  • #65,065
  • Jan 26, 2016 10:18pm Jan 26, 2016 10:18pm
Quoting Dimi.A
{quote} No. You look at the green. If the green crosses up it's a buy and if it crosses down on the red it's a sell. Please read the thread from the start and research the "TDI" indicator so you can get a better understanding of how it works first before asking questions. Look at all the trade examples there's tens of thousands of them. If you're still having an issue send me a PM so we don't clutter the thread. Don't be lazy and do some reading. It's simple and it's all outlined at the very start of the thread.
Hi Dimi,
what is singal candle =1 option mean?
what if set 0,2,3,4,5 =etc?
thanks before
Joining The 10%
  • #65,066
  • Jan 26, 2016 10:27pm Jan 26, 2016 10:27pm
Quoting pete.alfa
{quote} Hi Floydd, Thanks for your question 10ema on daily chart http://www.forexfactory.com/showthre...21#post8573621 I forgot about yesterday closed should close above 1.43618 but it didn't. I was looking at yesterday closed above above monthly S/R line. Anyway we should look at 4hr chart on entry wait for some pull back. In this case wait for TDI 4hr APB set 1st or 2nd candle for long. we should wait to confirm today or tomorrow daily candle close above 1.43618 or trade WRB in 4hr chart. it might be ranging for a while....

both the Weekly and Monthly is bearish.
on the Day chart, it is sideways with a good range.
I am still on the seller side until I see a bullish reversal.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #65,067
  • Jan 26, 2016 10:36pm Jan 26, 2016 10:36pm
Quoting Ygr
Can someone let me know where to start on this thread? How many pips are people making on average?

If you are an experienced price action trader, reading Post#1 then Post#261 and Post#647 will get you off to a very good start with trading TMS 5-Method.

However, for those new to trading and want to learn how to trade with this 5-Method, it would help you when you read this thread. But if you think 3200 pages and 65K posts is too much, you can also follow this post and the links I made for you.
New Introduction to Trading Made Simple Post#57,854
Here is a quick introduction to this Trading Made Simple thread:
Trading made Simple for beginners : Post#52,707
A short history by pioneer member snarlyjack Post#110
Our late OP eelfranz aka Big E spent 6,000 hours: Post#6 and he evolved as a trader and went on and developed two trading methods.
5-Method and 21/233 Method Post#3018, Post#4104,
After months of postings and answering many frequently asked questions FAQs,
eelfranz made the jump to this new Trading Made Simple thread on 26 April 2011... Post#4432
In Post#1, he explained how he traded the H4 chart timeframe and he also trade the H1 chart during the NY session. This suited his lifestyle being retired and the time zone he lived. Sadly he passed away in Oct 2012.
Two very important posts: Post#261 and Post#647, give a simple summary of what this 5-Method is and the basic forex stuff we check before we look for the TDI setups to trade.
TMS 5-Method Basic Rules: Post#53,841
Always check the #1- Price Action first, then #2- TDI Post#3142
Big E wanted us to build this TMS thread together... Post#4,432
The original indicators and template … Post#25
Latest Indicators:
The only two indicators which we use and the most recent versions are:-
the Synergy_Pro_APB which has the Price Action Channel build-in
the Synergy_Pro_TDI, an updated version which work in realtime market
these are found in the package Synergy_Pro zip : Post#50,241

Recommendations:
Read all of Big E’ posts... 861posts in the Craig Harris Stochastics thread and 463 posts in this TMS thread....and make notes on those training charts he posted. Pay attention whenever he mentioned PA and what you see on his training charts.
Learn the basic stuff about forex trading first. A good place to start is www.babypips.com/school
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #65,068
  • Jan 26, 2016 11:10pm Jan 26, 2016 11:10pm
Quoting Dimi.A
{quote} Hey dude, To create the TDI indicator on your mobile trading platform please see attached. {image} {image}
Attached Image


the price action at support and resistnace is obvious, do we need the Stochastics and TDI?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #65,069
  • Jan 26, 2016 11:12pm Jan 26, 2016 11:12pm
Quoting emmanuel7788
{quote} both the Weekly and Monthly is bearish. on the Day chart, it is sideways with a good range. I am still on the seller side until I see a bullish reversal.
Thanks Emmanuel
  • #65,070
  • Jan 26, 2016 11:29pm Jan 26, 2016 11:29pm
USD and JPY pairs H4 27 Jan

Attached Image (click to enlarge)
Click to Enlarge Name: USD pair 27 Jan GMT0524.png Size: 93 KB


Attached Image (click to enlarge)
Click to Enlarge Name: JPY pairs 27 Jan GMT0526.png Size: 89 KB


my H4 candle will close in about 30 mins. Do I see any trade potential?
No, so I walk away and come back in 4 hours.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #65,071
  • Jan 27, 2016 12:07am Jan 27, 2016 12:07am
Quoting Dimi.A
{quote} Hi guys, Fxafrica is correct. He's doing his homework and actually going back in the thread. This is what you all need to do guys! As for a visual guide for the TDI angle here is the old "clockface compass" many of us TMS traders used when we were first starting out with the TDI. We would line up the compass next to our TDI and if the TDI angle fell within the range of either the green area or red area it was a trade! So save this small picture and if you're in doubt, open the file, stick it next to your TDI and see if your TDI is sharp...

Dear Dimi. A

Enjoy reading what you shared. You seemed to have a great sense of humor, ha ha ha. thanks for reminding to use the most expensive MT4 tool, our eyeballs, to pay close attention to the TDI cross angle. the other post you mentioned people shared charts with mortal kombat characters that was hilarious. Anyways, just wanted say thanks for your time and efforts and other great teachers as well to keep this thread going.

Best regards,


steven
  • #65,072
  • Edited 12:29am Jan 27, 2016 12:19am | Edited 12:29am
Quoting Dimi.A
{quote} Agreed. It's sad that people are littering the thread with rubbish. This is one reason why I didn't want to post much in here because it usually just gets overtaken by spam and other shit. If only we could clean this thread up or start a new one because hardly any one in here trades the way according to Eelfranz. We've got people talking about fractals, parabolic sars, 10 ema's, 100 sma's and all this other shit. Then we've got people with charts with Mortal Kombat characters and Sega Dreamcast sprites. We'll see. If it continues to clutter...

For me it is very simple. When I see posts which is not TMS 5-Method charts I read them and from my 25 years trading experience I can tell if that add value to TMS. I know what is in that poster's mind when the poster added additional indicators to the TDI. Whatever they add below the TDI is nothing new. I have tried with all the available standard indicators. The end result is the same i.e the trade will always be a TMS trade seen with just the APB and the TDI when there is price action and there is a trend with price momentum.
It does not bother me if this thread continues on for another 3000 pages because what Big E shared remains the same - 861posts in the Craig Harris Stochastics thread and 463 posts in this TMS thread. I only read what is the 5-Method. Why does it bother some people seeing this thread is now 3000 pages. There are reasons for these 3000 pages. Members who don't read the thread and ask the same questions over and over again. Some have problem with the language. Some lack trading experience and do not understand the basic forex trading stuff. Some have problem with MT4 trading platform. While there are some who simply do not read and take notes, they want top spoon fed. The list goes on. The pages will continue to grow and the interest in the 5-Method will always be there and will continue to help traders make money.

What can we do?
We can all be kind and show empathy for others.
We help those who ask for help.
We help those who wants to learn to trade.
We abide by FF Code of Conduct for members.

Closing this thread will deprive many others from coming onboard and to know the 5-Method. We should remember why Big E moved this thread from the Commercial Content forum in the first place. It is to help others in wanting to trade the 5-Method.

However, if anyone know of a more successful trading method than the 5-Method, he/she is free to start his/her own new thread. I have no interest to start a new thread in Forex Factory.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #65,073
  • Jan 27, 2016 12:34am Jan 27, 2016 12:34am
Quoting Fxafrica
{quote} Big E notes on HA candles: 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. When using Japanese candles you see up down up down and your stressed to the max during your trade... It's more calming to trade HA candles. It seems to me that he used HA candles to enter and make pips...no where it is mentioned not to use HA candle to enter the...

the HA candles are important and know what you use them for.

but you will learn a lot from your own trading experience and from those things which which he did not mention.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #65,074
  • Jan 27, 2016 12:36am Jan 27, 2016 12:36am
Quoting pulubi28
{quote} Do you know if this is possible with mt4 mobile?
No, it isnt.

For mobile trading I use Trade Interceptor for charting, and MT4 for trading, but there is no nice way of moving Stop Loss, could be a tricky thing to implement on touch screen.
  • #65,075
  • Jan 27, 2016 12:39am Jan 27, 2016 12:39am
Quoting X-Man
Hi Guys Hows everyone doing here? Yoh its been a very long time since i have been active here. Just read an email from compassfx and saw the new TDI pro. did anyone see this new TDI indie? what do you guys think of it

yup, I saw that.

looks attractive to the newbies.

trust me, you don't need that commercial stuff.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #65,076
  • Jan 27, 2016 1:36am Jan 27, 2016 1:36am
In the same kind of trade as pete.alfa and it's looking good

The reason I've posted the same chart though is to illustrate my handy position size calculator, I don't know about you, but I find position sizing quite tedious, I'm quite used to using the Oanda Java platform, which has some nice features on the buy/sell sell window to tell you the total SL in monetary terms on your trade. Having switched over to MT4 recently, I've really been missing it, so I've bodged a position size calculator indi to give the same kind of info.

It works by getting the figures through an iteration, maybe a better mathematician could work out the equation for it, I don't know.

It has 3 settings.

Max_Loss - It calculates the lot size you put on to the nearest value below your max.

Minimum_Lot_Range and Maximum_Lot_Range, to save computer processing, put these numbers in the ranges that are usual to yourselves.

Move the Horizontal line to where you want your stop loss to be, it appears on the bid line when you load the indi.

Hope it's of as much use to someone else as it is to me

P.S. I know the coding might be SH!T, but it works and for me it does what it says on the tin
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-h4-oanda-division1.png Size: 45 KB
Attached File(s)
File Type: mq4 PositionSize1.mq4   5 KB | 336 downloads
  • #65,077
  • Jan 27, 2016 1:56am Jan 27, 2016 1:56am
Quoting emmanuel7788
{quote} the HA candles are important and know what you use them for. but you will learn a lot from your own trading experience and from those things which which he did not mention.
The hidden jewels are in all the BIG E posts and his very close followers...i sincerely recommend re-reading the posts. I am still discovering.

And the more i help others, research, answer the questions...the more i post the more the rules get "printed" in my brain and i sharpen my eyes...

Anyway...grateful of all the help i get here.

FXafrica " it is in giving that you receive..."
  • #65,078
  • Jan 27, 2016 2:12am Jan 27, 2016 2:12am
  •  Hpt
  • Joined Jun 2015 | Status: everybody trade at one`s own risk | 648 Posts
Hello traders

longer time that I´m posting here, but I will show this trade.... how good TMS works
only looking for S/R levels and trend , in this case using a fork for the trend
entry TF is M30 , so wait and see

EURAUD M30

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDM30.png Size: 97 KB


trade well
from level to level - you need mental strength to reach the summit
  • #65,079
  • Jan 27, 2016 2:17am Jan 27, 2016 2:17am
Quoting emmanuel7788
USD and JPY pairs H4 27 Jan {image} {image} my H4 candle will close in about 30 mins. Do I see any trade potential? No, so I walk away and come back in 4 hours.
Hi Em,
What do you see in these charts?
Is there a chart that is worth monitoring?
Have you got your eye on anything?

Regards
Rob
Your trade order needs to be in the right place at the right time.
  • #65,080
  • Jan 27, 2016 2:27am Jan 27, 2016 2:27am
Quoting Dimi.A
{quote} Hi guys, Fxafrica is correct. He's doing his homework and actually going back in the thread. This is what you all need to do guys! As for a visual guide for the TDI angle here is the old "clockface compass" many of us TMS traders used when we were first starting out with the TDI. We would line up the compass next to our TDI and if the TDI angle fell within the range of either the green area or red area it was a trade! So save this small picture and if you're in doubt, open the file, stick it next to your TDI and see if your TDI is sharp...
Or use the angle trendline tool in MT4. There you will have accurate degree numbers.
99 traders viewing now, 1 is registered:
rogantin