Trading Made Simple | Page 3588 | 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

  • #71,741
  • Oct 4, 2016 5:44am Oct 4, 2016 5:44am
Quoting benadil
{quote} he is talking about tms he is using his price action and money management knowledge and using tms if you will trade only tms signals by follwing only tds crosses you will be a looser
No if you read the post properly he said
Quote
All the sellers at Pivot S61 are in drawdown now. Next level is R100 which is 50pips away from R61. No guarantee that it will reverse at R100 because the market is buying Euro and selling Gbp.
someone would be very naive to think that was not yet again another insult to Davits thread and for his own good and the good of the tms thread those kinds of comments need to be curbed to keep the peace here. Emmanuel does not use pivots so there is no need to mention them at all.
Success means going from failure to failure without loss of enthusiasm
  • #71,742
  • Oct 4, 2016 5:46am Oct 4, 2016 5:46am
Quoting chino
{quote} Dont understand, i don't mind you sharing your trades or ideas but this is TMS method and you are no following the Big e rules, {quote} there is no need to trade with 15-30% as he does, he never say thats a rule because in the other post you are talking about accumulative and stuff like that.. {quote} ok lets take it easy.. I'm not here to judge neither to say you stop doing what you being doing for a while.. i just ask if you could do as Big E used to, as this thread is what for , Trading Simple .
Hi chino
Agree with you and disagree with. For starters I do not know or remember what WRB means. Take the information what Emm has given. Compare, analyze, try to understand what is said and showed, where does it fit in with TMS. Many a time an irrelevant post have add a small understand to what BigE has posted
For example:
#647
Your safest trades will always be when green crosses red and you enter on candle 1 or 2... odds are in your favor.
Why?
Because I'm expecting 3-8 candles... which is average...
With bounce trades the odds are lower for your success... but it still works. Is he talking about an ranging market
When wanting to enter a TDI trade... take a moment first to observe basic 4x things... like:
How close am I to the previous high or lo - What does he mean by high / lo = support / resistance or chandlers higher/higher, higher/low
Am I in an uptrend or downtrend.. short & long term... - How do you know when it is a up / down. When is it short or long term
Am I in or close to a consolidation area - Does he mean by consolidation? or is this refering to the market building steam up for a break out
Are the previous candles small... - What is an small candle ( 2 points? 10 points?)
Look at the candles on the last reversal... big, little, what - He says nothing about colour or doji, inside bar, empty space
How does the momentum look right now (12-2, 4-6) - Must red and green both be inside 12-2 or can red be inside 12 - 1 up and green 1 - 2 down?
Does Stoch's confirm the TDI signal - Ok so stoch must be at level 80 and show down and TDI cross at 68 down or is it fine if TDI cross is at 65 down
Sounds like a lot of stuff but it's basic stuff and only takes a moment to observe it...

There are a lot of points that BigE left out. I get the feeling / understanding that he gave only the skeleton of TMS. He left it to us to put the muscles (body) to TMS. With the Master no more the students must try and learn to walk TMS by himself. If Emm gives me an walkingstick or realjumper an wheelchair or lookleft a nice pair of shoes I will take it as long as it make me understand TMS better and what BigE left unsaid.

TDI cross is the heart of TMS if any person can contribute to place a sharpshooter order I will use that information.
  • #71,743
  • Oct 4, 2016 6:07am Oct 4, 2016 6:07am
Quoting lisat
{quote}If I can make a suggestion Emmanuel and this is meant with no malice, if you spend more time talking about TMS itself and not deriding other ways of trading in the process it would be more productive and perhaps not annoy so many people. There is nowhere in Davits thread that advocates just putting in trades at pivots without taking into account price action, just price action at key levels along with the tdi and it works extremely well. A little while ago it was also Likicas way of looking at divergence which you do not agree with why not...
@Lisa

I made no mention to anyone or any other thread. You made your own conclusion reading in between the lines. You are malicious saying that I deride others.
I reply to several PMs over the past week and days , traders asking me how to use the pivots levels and price action and also the use of BN levels with PPA.
Using PMs reply I cannot attached charts.
Those traders who ask in PMs wanted to know if they can use Position building with pivots the way I trade using ME/ME. The drawdown factor using pivot trading the fade of the trend before the trend actually ends will result in drawdown when the trend remain strong and press higher. that was one point made in my post above. there is no quarantee that EG will reverse at R100 level. So the drawdown can be significant especially with EG the pip value is USD 15 per pip not USD10 per pip. You know this pip value. A 50 pips drawdown is big amount of money even when one uses small micro lots at R61 level. You were concern with account drawdown dont you.
Look at the EG H4 chart again. What is the price action at the R61 level?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #71,744
  • Oct 4, 2016 6:21am Oct 4, 2016 6:21am
Quoting Tekkies
{quote} Hi chino Agree with you and disagree with. For starters I do not know or remember what WRB means. Take the information what Emm has given. Compare, analyze, try to understand what is said and showed, where does it fit in with TMS. Many a time an irrelevant post have add a small understand to what BigE has posted For example: #647 Your safest trades will always be when green crosses red and you enter on candle 1 or 2... odds are in your favor. Why? Because I'm expecting 3-8 candles... which is average... With bounce trades the odds are lower...
Very good post Tekkies,

My favourite post#647 by Big E is one of the secret of successful TMS traders how they interpret that post with consistency when they look at their charts.

below chart of EURGBP H4. Post#647 in the works here.
big candle is WRB, which often is the early warning of price consolidation.
watch how the price rallies then a WRB appears, follow by small candles.

market does not reverse so easy when in consolidation. it pauses and wait for the next round of buyers and sellers. smart money look for the orders to fill.
we poor retails traders become suckers in this brutal game call retail spot forex. we have no chance with our small trading capital which the big fish say 'under capitalised' bunch of traders.

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP Week 40 H4 P647 checklist.png Size: 71 KB


TMS 5-Method is a trend following methodology. We do not trade the fade of the trend. We cannot assume the trend will end. We must wait until the trend actually ended, not easy to see without the necessary skills.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #71,745
  • Oct 4, 2016 6:34am Oct 4, 2016 6:34am
Quoting lisat
{quote}No if you read the post properly he said {quote}someone would be very naive to think that was not yet again another insult to Davits thread and for his own good and the good of the tms thread those kinds of comments need to be curbed to keep the peace here. Emmanuel does not use pivots so there is no need to mention them at all.
@Lisa,

<All the sellers at Pivot S61 are in drawdown now. Next level is R100 which is 50pips away from R61. No guarantee that it will reverse at R100 because the market is buying Euro and selling Gbp.>

How does this seen as insulting anyone?
Did you read last weekend' COT report. Who is buying Euros and who is selling Sterling?
Definitely not the under capitalized small retail traders.

Lots of stuff about forex trading many still do not understand. Some talk fundamentals but do not know the tools to use like the COT.

Edit: COT = The Commitments of Traders (COT) tool.


retail traders do not move the market. The other groups of traders do move the market.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #71,746
  • Oct 4, 2016 6:42am Oct 4, 2016 6:42am
Quoting lisat
{quote}If I can make a suggestion Emmanuel and this is meant with no malice, if you spend more time talking about TMS itself and not deriding other ways of trading in the process it would be more productive and perhaps not annoy so many people. There is nowhere in Davits thread that advocates just putting in trades at pivots without taking into account price action, just price action at key levels along with the tdi and it works extremely well. A little while ago it was also Likicas way of looking at divergence which you do not agree with why not...

Very good post and completely correct.

Does anyone honestly believe that what he said here here:

Quoting emmanuel7788
{quote} EURGBP H4 update GMT0930. EG presses higher after the 3rd retracement into the H1 WRB. All the sellers at Pivot S61 are in drawdown now. Next level is R100 which is 50pips away from R61. No guarantee that it will reverse at R100 because the market is buying Euro and selling Gbp. {image} TMS traders must wait till we see sellers and that very important TMS sell setup


is merely a coincidence, when Davit's last post said:


"Guys I am going to go to bed but things that are worth watching and possible trade

AC NC AU short EA long EG short
take care see you in 10hrs or less
All Aussie pairs may deflate from this point on now that rate factor is out and NFP coming up.Still holding my AU shorts"

And now he's bringing out the tired old lame excuse '
"I've recieved several PM's...blah, blah, blah." If so many people wanted to know about pivots over "week and days", how come ALL of them PM'd Emmanuel instead of posting to the thread? Yet another amazing coincidence? I think not.
Doing what you like is Freedom. Liking what you do is Happiness.
  • #71,747
  • Oct 4, 2016 6:46am Oct 4, 2016 6:46am
Quoting emmanuel7788
{quote}Some talk fundamentals but do not know the tools to use like the COT. Edit: COT = The Commitments of Traders (COT) tool. retail traders do not move the market. The other groups of traders do move the market.
Sooooo...if I look at the report and search for GBP I can see the Institutional Asset Manager Longs and Shorts...
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2016-10-04 at 12.39.42.jpg Size: 228 KB
  • #71,748
  • Oct 4, 2016 6:56am Oct 4, 2016 6:56am
Hi Everyone.
According to Big E post, he only traded during the London and New York session because it has the highest liquidity( If i got it right)
So lets say, i see a new set up( TDI crossing) during the Tokyo session or Sydney session, should I ignore it and close my pc and sleep? since its noted for having low liquidity? I am asking because, i can be behind my pc all day without initiating a single trade. All because, the trend has already started before i woke up. Finding a new set up during the London Session is a problem for me.
I am new to forex trading and really eager to learn.

Thanks, Nana Carter
  • #71,749
  • Oct 4, 2016 7:00am Oct 4, 2016 7:00am
Quoting Civitas
{quote} Sooooo...if I look at the report and search for GBP I can see the Institutional Asset Manager Longs and Shorts... {image}

hi Civitas,

Big E last post was in Oct 2011. He did not talked about the use of COT in H4 trading. So I better not talk more into COT sand how to use that nice tool for mid term trading.
I'll PM you some information where to look and learn from.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #71,750
  • Oct 4, 2016 7:05am Oct 4, 2016 7:05am
Hello
My configuration is okay here?

Attached Image (click to enlarge)
Click to Enlarge Name: Conf.jpg Size: 480 KB


thank you
Attached File(s)
File Type: tpl big e.tpl   3 KB | 521 downloads
  • #71,751
  • Oct 4, 2016 7:10am Oct 4, 2016 7:10am
Hi guys I am going to post this here so everyone here understands where I stand

People that including Emmanuel that don't understand how I trade I suggest not referring me directly or indirectly.Its very lame just mentioning pivots not mentioning other components that are part of my system.
One thing I can say for sure Emmanuel does not understand probability and that's the main difference between us.I find it totally amateurish that one needs to defame another method in order to make his system (whatever is left from original TMS) valid.Not even mentioning lame anecdotes about me posted here that are totally not true.
Take care guys stay in green
In trading, you have to be defensive and aggressive at the same time
  • #71,752
  • Oct 4, 2016 7:25am Oct 4, 2016 7:25am
Quoting emmanuel7788
{quote} AUD rate annoucement in 3 hr 30mins. So I be careful making an new trade entries now. Since yesterday the market trade higher and is near the BRN 0.7000. I know it is very tempting to start send a spary of small lot size trades at 0.7700 which happen to be Weekly Pivot R38. On H4, we do not sell until we see a setup with the APB turn bearish and change colour, with the TDI Green down and cross Red . There is no new Lower High seen yet so no potential bearish movement seen yet. Being trend following traders, we do not predict the reversal...

AUDUSD Week 40 Oct 4 H4:

TMS H4 trade setup for sell. Anyone in the trade yet?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #71,753
  • Oct 4, 2016 7:38am Oct 4, 2016 7:38am
What are TMS High Probability A+++ setups?

high probability was discussed way back to 2011 in X-man H1 and H4 thread.

there are 95 posts you can read if you want to learn what A+++ setup for TMS trading is.

use FF forum search with keywords "high probability setup' or 'A+++ setups"

Attached Image (click to enlarge)
Click to Enlarge Name: TMS High Probability setup.png Size: 137 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #71,754
  • Oct 4, 2016 7:38am Oct 4, 2016 7:38am
Quoting emmanuel7788
{quote} AUDUSD Week 40 Oct 4 H4: TMS H4 trade setup for sell. Anyone in the trade yet?
oh missed it agree it looks a good setup good luck emm
  • #71,755
  • Oct 4, 2016 7:40am Oct 4, 2016 7:40am
Quoting emmanuel7788
{quote} AUDUSD Week 40 Oct 4 H4: TMS H4 trade setup for sell. Anyone in the trade yet?
I'm
not posting chart because I'm using Renko stochastic cross to entries, when got valid H4+D1 TMS signal
  • #71,756
  • Oct 4, 2016 7:43am Oct 4, 2016 7:43am
AUDUSD Week 40 Oct 4 H4:

TMS H4 trade setup for sell. Anyone in the trade yet?
Attached Image (click to enlarge)
Click to Enlarge Name: Picture2.jpg Size: 129 KB
  • #71,757
  • Oct 4, 2016 7:46am Oct 4, 2016 7:46am
Quoting realjumper
{quote} Very good post and completely correct. Does anyone honestly believe that what he said here here: {quote} is merely a coincidence, when Davit's last post said: "Guys I am going to go to bed but things that are worth watching and possible trade AC NC AU short EA long EG short take care see you in 10hrs or less All Aussie pairs may deflate from this point on now that rate factor is out and NFP coming up.Still holding my AU shorts" And now he's bringing out the tired old lame excuse ' "I've recieved several PM's...blah, blah, blah." If so many...
Realjumper, if you read the thread from the last fews weeks, you will see many people have asked Emmanuel questions regarding Weekly Pivots etc. He has answered many questions and placed several charts on this matter and offered a free opinion on this trading method. It was the members of this forum pushing this agenda.
Does anyone honestly believe you have added anything of any value this week.

Short on AU as well.
Trading thin liquidity at the boundary of the charts
  • #71,758
  • Oct 4, 2016 7:50am Oct 4, 2016 7:50am
Quoting emmanuel7788
{quote} hi Civitas, Big E last post was in Oct 2011. He did not talked about the use of COT in H4 trading. So I better not talk more into COT sand how to use that nice tool for mid term trading. I'll PM you some information where to look and learn from. regards,
That would be very kind of you. Thanks in advance.
  • #71,759
  • Oct 4, 2016 7:50am Oct 4, 2016 7:50am
Quoting benadil
{quote} oh missed it agree it looks a good setup good luck emm

Quoting mokuro89
{quote} I'm not posting chart because I'm using Renko stochastic cross to entries, when got valid H4+D1 TMS signal
hey Guys,

there is time for this trade to develop. No worry to catch it now.
wait in lower timeframe tomorrow and get in to the market. Remember what Big E said about D1 chart, the pullback can be 100 pips but we use the pullback to our advantage when we trade with %Risk and use Position Sizing.
Then we can scale-in as the 'trend' continues, we 'let profits run' by using banked-in profits and sell more positions.
This is how TMS traders learn to make their hard-earned money work harder for them and minimal drawdown.
We do not let our trading capital be locked in floating losses/drawdown.

Tomorrow I hope I can find time and look for a H1 intraday trade entry to share.

Today is a very sad day for me because one of my longtime trading buddy passed away in an accident. Big loss to our trading community.

See you guys tomorrow Sydney/Tokyo open hours.
My bedtime now.

Trade Well.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #71,760
  • Oct 4, 2016 8:02am Oct 4, 2016 8:02am
Quoting RickM
{quote} Realjumper, if you read the thread from the last fews weeks, you will see many people have asked Emmanuel questions regarding Weekly Pivots etc. He has answered many questions and placed several charts on this matter and offered a free opinion on this trading method. It was the members of this forum pushing this agenda. Does anyone honestly believe you have added anything of any value this week. Short on AU as well.

I do read the thread....surely that is self evident?

lisat made a valid post and I agreed simply because I have seen time and time again the snide sniping and innuendo that Emmanuel engages in when he wants to try to discredit another system that dares to have the TMS name in it's title. Exactly this happened in the late Lastingwells thread, and lisat is correct....it must stop.

I do not enjoy this kind of posting, not at all. I take no pleasure in it. However, I will not stand by and see Big E's thread mistreated any further...nor will I stand by and watch other peoples threads be badmouthed and I certainly will not stand by and see nothing but hindsight trades of amazing wins and questionable equity curves posted to try and impress newbies.

All I ask is for some honesty, humility and respect for the thread owners wishes to be honoured...and I make no apologies for that.
Doing what you like is Freedom. Liking what you do is Happiness.
31 traders viewing now