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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

  • #74,121
  • Dec 24, 2016 7:15pm Dec 24, 2016 7:15pm
Quoting JanCeulemans
{quote} London Calling TMS Based Return This Week: 14.0%
Congratz on the enormous return, do you gain base purely on TMS?!
Focused Thought & Strong Desire Manifest Reality
  • #74,122
  • Dec 25, 2016 12:25am Dec 25, 2016 12:25am
Quoting JanCeulemans
{quote} He passed away back in 2011 I believe.
How sad!
  • #74,123
  • Edited 12:52am Dec 25, 2016 12:25am | Edited 12:52am
Probably a stupid question regarding the time difference. Just want to make sure I get it right!!

He said " I only trade 1hr charts during the the 1st 3 hours of the USA OPEN and 4hr trades at night. I check for set ups at 10pm Pacific,2am and close all 4 hour trades by 6am Pacific.... "

What time is that say in Amsterdam where I live?

Brendan
  • #74,124
  • Dec 25, 2016 12:52am Dec 25, 2016 12:52am
Quoting bmcgowra
I have a question regarding the time difference. He said " I only trade 1hr charts during the the 1st 3 hours of the USA OPEN and 4hr trades at night. I check for set ups at 10pm Pacific,2am and close all 4 hour trades by 6am Pacific.... " What time is that say in Amsterdam where I live? Brendan

here you will find the answer to the market sessions hours.

http://www.babypips.com/school/presc...-sessions.html

do you know the time difference between Amsterdam and London?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #74,125
  • Dec 25, 2016 12:54am Dec 25, 2016 12:54am
Quoting emmanuel7788
{quote} here you will find the answer to the market sessions hours. http://www.babypips.com/school/presc...-sessions.html do you know the time difference between Amsterdam and London?
Haha.. course I know the time difference between London and Amsterdam. I knew it was a silly question. :-) Wanted to make sure..

Thanks for the link.

Brendan
  • #74,126
  • Dec 25, 2016 1:30am Dec 25, 2016 1:30am
I have a question: do you leave your trades open over weekends or you close them all before Friday session ends?
I asked this because after some old charts analysis, I found that sometime it's to my favor while other times it's not
Focused Thought & Strong Desire Manifest Reality
  • #74,127
  • Dec 25, 2016 3:22am Dec 25, 2016 3:22am
Merry Christmas
Attached Image (click to enlarge)
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  • #74,128
  • Dec 25, 2016 3:24am Dec 25, 2016 3:24am
Question to experienced traders of this system.

Does it Work? Good results over long period?

Cheers,
Brendan
  • #74,129
  • Dec 25, 2016 5:08am Dec 25, 2016 5:08am
Quoting Apom
{quote} Congratz on the enormous return, do you gain base purely on TMS?!
It is 99% based on TMS 1% comes from extra analysing Supply and Demand
First comes knowledge about yourself, then comes a system...
  • #74,130
  • Dec 25, 2016 5:11am Dec 25, 2016 5:11am
Quoting bmcgowra
Question to experienced traders of this system. Does it Work? Good results over long period? Cheers, Brendan
The fact alone that this thread is over 3700 posts and the fact that there exist simular threads based on TMS can be seen as a confirmation to your question

For me, it was a real turning point using it. However, and this is part of this and any system, success depents on how you can master yourself! Having discipline to follow strictly the rules setup by Eelfranz for example. Being able to let a position run, once you have decided to open one.

If you can do that, then you have found a high probability system over here.
First comes knowledge about yourself, then comes a system...
  • #74,131
  • Dec 25, 2016 6:25am Dec 25, 2016 6:25am
Quoting bmcgowra
Probably a stupid question regarding the time difference. Just want to make sure I get it right!! He said " I only trade 1hr charts during the the 1st 3 hours of the USA OPEN and 4hr trades at night. I check for set ups at 10pm Pacific,2am and close all 4 hour trades by 6am Pacific.... " What time is that say in Amsterdam where I live? Brendan
www.forexmarkethours.com/markethours.php
  • #74,132
  • Dec 25, 2016 6:27am Dec 25, 2016 6:27am
Quoting bmcgowra
Question to experienced traders of this system. Does it Work? Good results over long period? Cheers, Brendan
Do chickens fly?

Depends on the trade. Bad trader blames the system. A knowledgeable trader that know forex basic will have success.
  • #74,133
  • Dec 25, 2016 8:41am Dec 25, 2016 8:41am
Quoting Tekkies
{quote} Do chickens fly? Depends on the trade. Bad trader blames the system. A knowledgeable trader that know forex basic will have success.
Merry Christmas!

So what you are saying is that you as a chicken learned to fly?

:-)
  • #74,134
  • Dec 25, 2016 8:55am Dec 25, 2016 8:55am
Quoting bmcgowra
{quote} Merry Christmas! So what you are saying is that you as a chicken learned to fly? :-)
No way. Not yet anyway.
Still struggling to get out of the egg shell.
  • #74,135
  • Dec 25, 2016 5:03pm Dec 25, 2016 5:03pm
Quoting LazyTraderFx
I have realised that you not trade like on first posts anymore You have change the original idea and I assume for get better results cause now looks more advanced Why you stop trading first method (TDI cross)?
I am afraid you may have interpreted this thread a little in the wrong way. Yes, it is true that since 2011 many have contributed and many have adapted the original system to their own methods but the core elements are still there.

In fact, Eelfranz has very often explained again and again to stick to the original rules, not adding additional indicators at all.
I myself am trading this system in it's original form and being succesful with it and above all.... very happy.

So my advice would be: go back to the 'drawing table' in DEMO modus and take this time between Christmas and Newyear to familiarize yourself with the core basics of this system. Try to find out why you failed using this system in the past and change what went wrong. In most cases the reason may be found within ourselves, not the system.

Go back HERE to find the original Indicators.
Go back to the first post to re-read the concept
And find attachted to this post some valuable PDF's containing the most important posts of Eelfranz.

Attached File(s)
File Type: pdf BigE full.pdf   3.4 MB | 858 downloads

Attached File(s)
File Type: pdf TMS 5-Method Basic Rules.pdf   873 KB | 843 downloads


Wishing you all the best,

Jan
First comes knowledge about yourself, then comes a system...
  • #74,136
  • Dec 25, 2016 7:31pm Dec 25, 2016 7:31pm
Quoting LazyTraderFx
Good day you all I am newbie and been reading this thread for while. I liked this strategy cause its simplicity stated on first post. Unfortunately I tried on demo for 3 months and got poor results But now I have realised that you not trade like on first posts anymore You have change the original idea and I assume for get better results cause now looks more advanced Why you stop trading first method (TDI cross)? is not that really profitable anymore? But anyways I really like to learn bout this new method called MEME I tried to learn MEME but it...
Hi LazyTraderFx,

The core principals of TMS have not changed.

Me/Me (Multiple-entry/Multiple-exits) is not a new system. It is simply a money management (MM) method centered around scaling into a full position using multiple smaller entries, and scaling-out (exiting) of the position to lock in profits. This MM method can be applied to any day, swing, or position trading method, not just TMS. That said, if you are not consistent with TMS using simple money management like Single-Entry/Single-Exit or Single-Entry/Multiple-Exit then ME/ME should not yet be considered.

I recommend you take your time and learn the core principals of TMS. The "tdi cross" you mentioned is simply one factor considered before taking a trade, it was never the entire system. Furthermore, the original TDI may not be the best TDI to use if you plan on backtesting and/or refresh your charts by switching timeframes.

Have a look at the following three posts, they are dense, but contain many of the answers you seek:
http://www.forexfactory.com/showthre...58#post8962658
http://www.forexfactory.com/showthre...93#post6680493
http://www.forexfactory.com/showthre...75#post9189975


Best,
N
  • #74,137
  • Dec 25, 2016 9:26pm Dec 25, 2016 9:26pm
Out of curiosity, does anyone here uses RSI in TMS? There's a great indicator from Lawgirl here at FF called "Lawngirl's Trend Display" that show's RSI as arrows.
  • #74,138
  • Dec 25, 2016 10:19pm Dec 25, 2016 10:19pm
Quoting fcaldas
Out of curiosity, does anyone here uses RSI in TMS? There's a great indicator from Lawgirl here at FF called "Lawngirl's Trend Display" that show's RSI as arrows.
Traders Dynamic Index

How to create the TDI using the RSI available in other platform: Post#15,546
Fozzy RSI Method Post#59,617

Read this book
RSI: The Complete Guide Post#27,110 by John Hayden
Trend Determination using the RSI (TDI) Post#26,774

Pdf description: Post#18,264 Post#24,705

Post#72,156 what you need to know about the TDI

If you want to trade the way Big E described in Post#1, make sure you use his template , the Synergy HA candles and use that TDI Red Green version all these in Post#25.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #74,139
  • Dec 25, 2016 10:46pm Dec 25, 2016 10:46pm
Quoting emmanuel7788
{quote} Traders Dynamic Index How to create the TDI using the RSI available in other platform: Post#15,546 Fozzy RSI Method Post#59,617 Read this book RSI: The Complete Guide Post#27,110 by John Hayden Trend Determination using the RSI (TDI) Post#26,774...
Thanks, Emmanuel - helpful as always.
I will make sure I go through all links tonight. I read BigE's PDF twice, and I know he doesn't use it. But maybe it could be benefitial.

And, since we are here, may I ask you a question Emmanuel. Are you still using the TMS EA that was created in 2011, I think? The latest version is TMS_V22_MTFH.ex4, if I am not wrong. I am thinking on running some backtests this week, but wondering if you (or anyone here in this thread) is using it?

Thanks!
  • #74,140
  • Dec 25, 2016 11:09pm Dec 25, 2016 11:09pm
Quoting emmanuel7788
{quote} worst time of the year to trade on D1 chart timeframe with most markets closed for holidays. I resume my D1 chart Position trading 2 weeks after the New Year.
thanks for reminder =]
closed for 80pips profits
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