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Monitor for 'Trading Made Simple' system 565 replies

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

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Attachments: Trading Made Simple
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Trading Made Simple

  • #68,481
  • Apr 19, 2016 10:10am Apr 19, 2016 10:10am
Quoting emmanuel7788
{quote} Thanks for the vote : YES. 115 people downloaded that pdf and only one YES vote. shame on all you people who downloaded and have not voted. you want to succeed in this very tough business, you must do the work. 3 to 5 hours everyday for the next 2 years.
Yes!

Thanks in advance.

N.
  • #68,482
  • Apr 19, 2016 10:19am Apr 19, 2016 10:19am
Quoting Ygr
Re: big e post 647 "Am I in or close to a consolidation area Are the previous candles small..." Can someone explain these two things and/or give charts?
http://www.forexfactory.com/showthre...34#post8863234
  • #68,483
  • Apr 19, 2016 11:29am Apr 19, 2016 11:29am
Is that what Big E used? Also, does it answer those questions? Thank you so much.
  • #68,484
  • Apr 19, 2016 11:41am Apr 19, 2016 11:41am
Quoting emmanuel7788
{quote} See attached pdf. Why I long AU? Why do most moving average cross trade signals will cost many traders to lose money? Look at the pdf page 2 - Day chart. Do you want to know how to trade MA cross system with TMS 5-Method? If you want to use this 'ancient' MA cross trading system with TMS 5-Method, please post with reply with YES! {image}
Yes from me.
Nothing worth learning is wasted.
  • #68,485
  • Apr 19, 2016 11:59am Apr 19, 2016 11:59am
USDCHF Short - 27.6pips - trade taken when price closed outside WRB H4 in the direction of higher timeframe trend.
EURUSD Long - 47.8pips - trade taken when price closed outside MC in direction of higher timeframe trend.

Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF.png Size: 53 KB

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.png Size: 43 KB
  • #68,486
  • Apr 19, 2016 12:30pm Apr 19, 2016 12:30pm
Quoting emmanuel7788
{quote} See attached pdf. Why I long AU? Why do most moving average cross trade signals will cost many traders to lose money? Look at the pdf page 2 - Day chart. Do you want to know how to trade MA cross system with TMS 5-Method? If you want to use this 'ancient' MA cross trading system with TMS 5-Method, please post with reply with YES! {image}
Hi Emm sorry just cathcing up the posts after coming from day job,

My answer is YES
  • #68,487
  • Apr 19, 2016 12:48pm Apr 19, 2016 12:48pm
Target hit on NJ, H4, long, +150 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: NZDJPYH4.png Size: 86 KB
  • #68,488
  • Apr 19, 2016 1:14pm Apr 19, 2016 1:14pm
Quoting emmanuel7788
{quote}{image}
And if we look to the previous candle, we see that the BUOB is actually a POGUN. That puts even more weight on the buyers' side, doesn't it?
  • #68,489
  • Apr 19, 2016 2:58pm Apr 19, 2016 2:58pm
Please, is there any indicator to manage ME/ME and that cave manager. Help me with one.
  • #68,490
  • Apr 19, 2016 3:02pm Apr 19, 2016 3:02pm
Quoting leescofield
{quote} http://www.forexfactory.com/showthre...34#post8863234

Thank you for your last two post!! Very helpful!!
  • #68,491
  • Apr 19, 2016 3:10pm Apr 19, 2016 3:10pm
Quoting catalin_eros
{quote} And if we look to the previous candle, we see that the BUOB is actually a POGUN. That puts even more weight on the buyers' side, doesn't it?
Please clarify:
What is a POGUN??
Thanks.
Regards Zack
  • #68,492
  • Apr 19, 2016 3:28pm Apr 19, 2016 3:28pm
Quoting zackery
{quote} Please clarify: What is a POGUN?? Thanks. Regards Zack
POPGUN candle pattern
Attached Image
  • #68,493
  • Apr 19, 2016 4:56pm Apr 19, 2016 4:56pm
Quoting catalin_eros
{quote} And if we look to the previous candle, we see that the BUOB is actually a POGUN. That puts even more weight on the buyers' side, doesn't it?

Pop Gun ... Yes, yes, yes....you have keen eyes. I knew someone would spot that.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #68,494
  • Apr 19, 2016 5:05pm Apr 19, 2016 5:05pm
Hey everyone, I have a question regarding CaveManager v1.41.​

I'm planning on using Capital Protection setting in the CM EA.

For example if I have a TP of 100pips, and after 80pips, I want to move to BE.

What settings should I use for Capital Protection?

The bottom text is taken from a PDF posted in this thread.

"Capital_Protection : This feature when enabled (‘true’) will track the price movement actively. When the price advances 27pips (according to the setting above NoLossAfterPips 25pips and NoLossBuffer 2pips ) and pulls back, CM will closed the open position."
  • #68,495
  • Apr 19, 2016 5:16pm Apr 19, 2016 5:16pm
Quoting TheRock
Hey everyone, I have a question regarding CaveManager v1.41.​ I'm planning on using Capital Protection setting in the CM EA. For example if I have a TP of 100pips, and after 80pips, I want to move to BE. What settings should I use for Capital Protection? The bottom text is taken from a PDF posted in this thread. "Capital_Protection : This feature when enabled (true) will track the price movement actively. When the price advances 27pips (according to the setting above NoLossAfterPips 25pips and NoLossBuffer 2pips ) and pulls back, CM will closed...
Hi,

not exactly how that work.
Capital Protection is one nice feature, but .... is this in your Exit strategy?

CM has a variety of setting which work in its programmed logical combination. We all have tested it to great extend and can help anyone who wants to use CM to manager trades. CM work for both Single Entry/Single Exit SE/SE and Single Entry/Multiple Exits SE/ME.

But you must tell us what is your Exit strategy which you will use to manage your trades.

which currency pair and timeframe do you want to run CaveManager?

Note: CM cannot handle ME/ME because CM does not open new trades. It can only manage trades manually opened by the trader.


regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #68,496
  • Apr 19, 2016 5:27pm Apr 19, 2016 5:27pm
Quoting emmanuel7788
{quote} Hi, not exactly how that work. Capital Protection is one nice feature, but .... is this in your Exit strategy? CM has a variety of setting which work in its programmed logical combination. We all have tested it to great extend and can help anyone who wants to use CM to manager trades. CM work for both Single Entry/Single Exit SE/SE and Single Entry/Multiple Exits SE/ME. But you must tell us what is your Exit strategy which you will use to manage your trades. which currency pair and timeframe do you want to run CaveManager? Note: CM cannot...
Hey, thanks for the quick reply.​

To be honest, I'm struggling to think of a good exit strategy.

I plan on using 1.5xATR on the H4 timeframe for my SL and TP.

But I wanted move to BE after a certain percentage, e.g 80% of the move.

Or should I just stick with 1.5ATR for SL and TP, and let it hit my stop if it goes against me.
  • #68,497
  • Apr 19, 2016 6:01pm Apr 19, 2016 6:01pm
Quoting emmanuel7788
{quote} See attached pdf. Why I long AU? Why do most moving average cross trade signals will caused (not cost) many traders to lose money? Look at the pdf page 2 - Day chart. Do you want to know how to trade MA cross system with TMS 5-Method? If you want to use this 'ancient' MA cross trading system with TMS 5-Method, please post with reply with YES! edit grammar {image}
Hi Emmanuel,

YES!

I just want to say thank you so much for the guidance you give everyone in this thread.

Regards

Serj
  • #68,498
  • Apr 19, 2016 6:49pm Apr 19, 2016 6:49pm
Quoting TheRock
USDCHF Short - 27.6pips - trade taken when price closed outside WRB H4 in the direction of higher timeframe trend. EURUSD Long - 47.8pips - trade taken when price closed outside MC in direction of higher timeframe trend. {image} {image}
First of all nice trades man. I found this thread after discovering the synergy method. Nice template and colors too The Rock. Looks really clean.

I have been reading some reviews about synergy method and have found a mix of people saying it doesn't work, don't waste your time. I really like the
information that is give in the TDI but I would like to know if its worth it in the end to learn it.

Comments are welcomed to help my journey down this world of the TDI.

Thanks again.
Know your edge and trade within it
  • #68,499
  • Apr 19, 2016 7:54pm Apr 19, 2016 7:54pm
Quoting serj
{quote} Hi Emmanuel, YES! I just want to say thank you so much for the guidance you give everyone in this thread. Regards Serj

TMS 5-Method works because it is Price Action trading with use of Support and Resistance and price momentum which the TDI (RSI) shows us.

Just study the posts and threads by these members who were all taught by Big E and traded TMS.

snarlyjack, X-Man, dcginc, Britpip7, loveevery1 aka LE1 , Drewas,etc.

As for me, I started my journey in X-Man' S3 H1/ H4 thread, then onto LE1's thread whihch focus on M15 trading, I moved on to this TMS in Sep 2012 and became active since Mar 2013. I did not run to other 'system'' in FF looking for a trading system.

We all learn from Big E by reading and studying his posts in two threads here in Forex Factory. He taught us all many things about trading and lot more about being better people. What is more important is we trade with TMS and not just talking about how great trading is and can be. You read all these generic stuff in forex books anyway.

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

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
  • #68,500
  • Apr 19, 2016 8:34pm Apr 19, 2016 8:34pm
EURUSD trade idea:

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Darva Box application to TMS H4.png Size: 54 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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