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Trading Made Simple

  • #71,961
  • Oct 9, 2016 7:26am Oct 9, 2016 7:26am
Quoting Trader MT4
{quote} Yes Benadil, but this breakout (closed H4 candle) is valid Entry. Only MoneyMakers and God know if that breakout Will be a false break You must put your SL under 1.5590

Trader MT4 if the stop loss would be bellow the low of the WRB the risk reward for the trade is not so great and yes please senior traders can you participate in our discussion of the chart we would like to learn from you
  • #71,962
  • Oct 9, 2016 7:38am Oct 9, 2016 7:38am
emu this's good alert same setting tdi real time
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  • #71,963
  • Oct 9, 2016 8:01am Oct 9, 2016 8:01am
EURNZD Week 41 Big Picture and Trade Plan Oct 10 to 14.

Attached Image (click to enlarge)
Click to Enlarge Name: EURNZD Week 41 BPP.png Size: 61 KB


TMS H4 - No trading when market is in consolidation.

TMS W1 + D1 - market price action in buy zone. Buy only when Monday Oct 10 Sydney Open with ME/ME money management strategy.

ATR(52) W1 is 412 pips
ATRR(100) D1 is 156pips

Weekly 4H swing range is 339 pips to 439 pips as of Week 40 closed.
Target 60% of weekly swing range.

ME/ME trade order distance 0.25ADR(100)D1 ~ 40pips order distance. Maximum 5 ME trades per basket/position.
Minimum take profit 40pips with re-entry when trade setup is valid.

Technical Stop Loss : use previous 2 weeks low... 10 pips below 1.5300
Dynamic Cut-Loss between 1.54500 and 1.53500.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #71,964
  • Oct 9, 2016 8:03am Oct 9, 2016 8:03am
Quoting saranga
emu this's good alert same setting tdi real time {image}

Sorry, I have no idea what that TDI signal is.

I use TMS Monitor and look at the TDI angle plus APB/HA close above or below 5EMA.

got to go now.
London planning session starts at 3pm London time.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #71,965
  • Oct 9, 2016 8:07am Oct 9, 2016 8:07am
Emm, am I right to assume that your two pairs from the first group are NU and UC?
  • #71,966
  • Oct 9, 2016 8:26am Oct 9, 2016 8:26am
Quoting saranga
emu this's good alert same setting tdi real time {image}
Look at the angle of cross
Is the color of bar the same as higher time frame
The alert given is only to tell you that a cross has been made. You still have to do your homework.
Take a look at http://www.forexfactory.com/showthre...07#post9187507 before Emm replay. Do something similar and compare your answer to what he gives. That way you will know if you are beginning to understand TMS.
  • #71,967
  • Oct 9, 2016 9:07am Oct 9, 2016 9:07am
Quoting emmanuel7788
{quote} I have been posting Big Picture Plan and my trade plan for many months. And follow up with postig when I open my trades and provided updates day to day. last week was 2 examples. Is this not good enough? If you want me to post TMS trade setup alerts, I can only do this when I have time to be online. But please tell me which currency pairs do you all trade and want to have trade setup alerts. If I don't see at least 50 members / new traders reply with post requesting the same, I wont do it at all. Whatever I do here must benefit more members...
Emmanuel
I do follow this thread for a few years and I really appreciate your effort and time, I do follow your trade plan and use my own interpretation of the TMS method with great success. I learned from you to use the longer time frames and the Big Picture Plan.
  • #71,968
  • Oct 9, 2016 9:15am Oct 9, 2016 9:15am
I too am one of the silent appreciators of the thread and of Emmanuel's contribution and manner. Thank you.

I am also particularly appreciative of a ME/ME approach and I am enjoying learning about it. I find the fragmented nature of the learning challenging due to many posts across many threads, but I am taking things a chunk at a time. Thank you, and please do not stop Emmanuel. I long to be able to trade a full time income, and I am confident I will be able to do so once I have the method down inside out. This method is good for me and I want to continue learning here and I am learning a lot, quickly.
  • #71,969
  • Oct 9, 2016 9:49am Oct 9, 2016 9:49am
Quoting lca
I just want to weight in on this ME/ME method. It is not TMS 5 method. It is a complex money management method that new traders should stay away from until you master the TMS 5 method system. Everything that you need to know about TMS 5 method system is on this thread. It may have been developed and started on eelfranz old thread but this is the thread he strictly taught TMS 5. And in this thread he did not introduce ME/ME. Yes he did trade ME/ME in his old trade but not here. He entered and exited trades based on the crossing of the TDI. And he...
thnx Ica 4 ur very good post - u have many good point here ...... let me go thru them .....

1. "ME/ME method. It is not TMS 5 method." - absolutely right

2. "new traders should stay away from" - ME/ME is complex 4 sure & in all my backtesting of it there has been huge float'n DD - even wit recovery off - noobs would b crushed psychologically IMO

3. "Everything that you need to know about TMS 5 method system is on this thread." - absolutely right - thnx 2 Big E

4. "this thread he did not introduce ME/ME" - absolutely right - cause there was no need

5. "if you want a mentor then read all of eelfranz post and study all his training chart." - bless u

6. "so why go to someone else who may trade TMS 5 method but trade it in his/her way." - there is no reason

7. "[emmanuel7788] I think you need to open a new thread to teach ME/ME. Because no matter what you say about it, it is not TMS 5" - this is the most important comment

8. "it will no confuse new traders thinking that ME/ME is part of the TMS 5" - im confused about it - it keeps change'n & contradict itself all the time .......

9. "But out of respect to eelfranz can you stop talking about it on this thread?" - there is no respect shown 2 eelfranz (Big E)

10. "he probably would have asked you to open a new thread" - absolutely agree
  • #71,970
  • Edited 10:27am Oct 9, 2016 9:55am | Edited 10:27am
Emm, thanks.

When you take 0.25 ADR(100) and when 0.5 ADR(100)?


Yes Griff, you are right:
7. "[emmanuel7788] I think you need to open a new thread to teach ME/ME. Because no matter what you say about it, it is not TMS 5" - this is the most important comment
Emm, please open you new thread for ME/ME. Teach us again basic about ME/ME.


Maybe I wrong Understood: example ADR100=120 pips

(PRICE AGAINST US)
1. We take a trade in D1 (buy), Entry price is 1.2000
2. If price gone against position, take new entry when price gone against us 0.5 ADR(100) = 60 pips, second buy price is 1.140
3. If price gone agains us 0.5ADR(100) = 60 pips too, take new entry, third entry price is 1.0800


(PRICE IN OUR DIRECTION)

1. We take a trade in D1 (buy), Entry price is 1.2000
2. If price gone in our direction, take new entry when price acheive 0.5 ADR(100) = 60 pips, second buy price is 1.260
3. If price gone in our direction 0.5ADR(100) = 60 pips too, take new entry, third entry price is 1.320

Am I wrong or correct?

Thanks, Dan
  • #71,971
  • Oct 9, 2016 9:57am Oct 9, 2016 9:57am
Quoting griffinssoul
{quote} ........7. "[emmanuel7788] I think you need to open a new thread to teach ME/ME. Because no matter what you say about it, it is not TMS 5" - this is the most important comment ...........
hey Ica - ur comment here is really important - the idea that emmanuel7788 start a new thread has been made many many times ........ it is simple & obvious - yes ........ so y does emmanuel7788 not do this - y? can it b anyting about this thread? wat makes this thread so special ? ......
  • #71,972
  • Oct 9, 2016 10:11am Oct 9, 2016 10:11am
Quoting mokuro89
{quote} hi griffin, good to see you are back! in my opnion ME/ME is a different trading management method, but posts here using it its the same chart analysis method, correct if me Im wrong but TMS is a method for PA reading, not for trade management. Some use cavemanager, automatic BE after x pips, fixed SL/TP, ME/ME/ SE/SE, the trades that you post are usually not enter on fist/second HA like BIG E, you have high skill to see trade continuations in same movment and have your nice entries, and is still TMS just my 2cents.
hey mokuro89 - IMO using the chart analysis done by ME/ME method would b really bad 4 ur TMS Big E trades ....... ask ur self y?

"TMS is a method for PA reading" - PA writes its signature into the TDI & so this is a simple way 2 start trading ..... this was Big E's idea ....... as u learn more about trading - PA - supp&res - risk management etc u get better at it ........

"the trades that you post are usually not enter on fist/second HA like BIG E" - i mainly do bounce trades or [i ignore some smaller candles on cross] - bounce trades r more advanced & need much more practice
  • #71,973
  • Oct 9, 2016 10:34am Oct 9, 2016 10:34am
@ensale

this makes no sense @ all - this thread is about Big E's system - a system that works really well - its not 4 all traders - for ex - emmanuel7788 said he couldnt make it work - if u cant make it work then the normal ting 2 do is move on 2 another thread/system - yes

the way i tink about it is - a trader evolves - they build there skill & experience - like OS said - he doesnt even need the TDI to know when there is a cross - or like wat TSS said - he feels like he never loses cause he has perfected Phx62's style ..... etc ....... lets get back 2 trading Big E's method cause we r on his thread & he deserves more respect than this
  • #71,974
  • Oct 9, 2016 10:42am Oct 9, 2016 10:42am
I can see Emm trying to teach people here all the time ...while others are attacking Emm. Sad to see that there are others piling on Emm. Am not sure why..

It would be good if other seniors start to contribute rather than criticize. Make this place a better place for everyone.

No offense to anyone here but please help to make this thread great again. Thank you.
  • #71,975
  • Oct 9, 2016 10:48am Oct 9, 2016 10:48am
Quoting emmanuel7788
{quote} Hi, The direction for Kiwi is quite clear and NFP will not change that. NFP candle will create volatility so we have to know how to handle the spikes when NFP release. Take what the market has given you and fight another day. With the thought, you have to consider your entry and exit strategy to deal with event like NFP. Kiwi is in sell zone, so I stay on the side of the sellers. regards, Edit: Kiwi entered a sell zone when 23 Sep D1 close. If anyone can see that, you can post and share what you see in your BPP.
Hi Emm.

What I see is NZDUSD 23 Sep D1 managed to close below the historical MN support/resistance at 0.7241 and also D1 22 Sep was BEEB coming off the high of MC of 13 Sep.

My plan for next week is sell only with ME/ME as W1 and D1 are both below 10EMA.

Technical stop loss: 2 weeks high at 0.7340.

With EURUSD in a tight range, NSDUSD should have similar picture as EURNZD as you shown in your BPP I quess. The risk I see is the price was rejected from BN 0.71 and also historical level. Also TDI on daily went outside the blue band so we may see some consolidation.

I will use my demo account to trade my plan next week.

You hear, you forget.
You see, you remember.
You do, you understand.

Hope to see your comment.

Thanks,
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  • #71,976
  • Oct 9, 2016 10:50am Oct 9, 2016 10:50am
Quoting leeeta
I can see Emm trying to teach people here all the time ...while others are attacking Emm. Sad to see that there are others piling on Emm. Am not sure why.. It would be good if other seniors start to contribute rather than criticize. Make this place a better place for everyone. No offense to anyone here but please help to make this thread great again. Thank you.
yes, so ridiculous from someone who has only shown profitable trades on hindsight and without a TE as well..just someone boastful
the cautious seldom err....C
  • #71,977
  • Oct 9, 2016 10:54am Oct 9, 2016 10:54am
Quoting leeeta
I can see Emm trying to teach people here all the time ...while others are attacking Emm. Sad to see that there are others piling on Emm. Am not sure why.. It would be good if other seniors start to contribute rather than criticize. Make this place a better place for everyone. No offense to anyone here but please help to make this thread great again. Thank you.
Don't worry I believe it will.. I am confident that this thread will be even greater than before.
It's in fear when people show what they truly value.
  • #71,978
  • Oct 9, 2016 10:54am Oct 9, 2016 10:54am
Quoting leeeta
I can see Emm trying to teach people here all the time ...while others are attacking Emm. Sad to see that there are others piling on Emm. Am not sure why.. It would be good if other seniors start to contribute rather than criticize. Make this place a better place for everyone. No offense to anyone here but please help to make this thread great again. Thank you.
There is nothing wrong in trying to help others. but he can do it in other place, if Big E was with us, as they already say he will ban him or ask to go to another place because he didn't want to confuse ppl. also is hard for some to contribute when emm start sharing a lot of this trade ideas or stuff in here and ppl go an start asking about it (when it doenst follow TMS method) it will just confuse more.

They say it evolve? Cmon… they are changing the method, and you can see others have respect the TMS method and made there own thread with there modifications, why emm can do that?
  • #71,979
  • Oct 9, 2016 10:55am Oct 9, 2016 10:55am
emmanuel, you've got my
the cautious seldom err....C
  • #71,980
  • Edited 12:58pm Oct 9, 2016 10:57am | Edited 12:58pm
Quoting ensale
Hidden
What has changed? Since time beginning the market went up and went down down down up up down up down. Does this mean TMS have become obsolete. If so why are you here. Is it to learn a system that need to evolve or to use something that is still working after 5 years and some months
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