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Trading Made Simple

  • #75,181
  • Jan 27, 2017 2:31pm Jan 27, 2017 2:31pm
Quoting lca
As I said I don't want to start a fight. So before I go on my long rant I will just say a few things. I been trading the forex markets, as well as the stock markets for years. This is all I have done since graduating from college. And to give you an idea how long I have been in the market, EURUSD goes to 50. the MOF and BOJ mentions anything about the YEN the market moved. One Thanksgiving night Mr. Yen mentioned they were watching the market, I made a quick 200 pips. And that night I made 500 pips on a slow no volume Thanksgiving holiday night....
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It's in fear when people show what they truly value.
  • #75,182
  • Jan 27, 2017 2:52pm Jan 27, 2017 2:52pm
Quoting Robert852
{quote} Hello, I studied business economics. Now I am finishing studies, I just need to finish my bachelor thesis and then I am "free". So I can start my own business, go to work or do whatever I like. I am interested in businesses, markets and trading. I will follow this topic, install the programms and read Big Es papers. When I will make my first trades I will post them here Best regards, Robert
Robert
Wow!!! Business Economics sorry Robert I can not help you to trade the market. You know way more then what I ever would know.
  • #75,183
  • Jan 27, 2017 3:57pm Jan 27, 2017 3:57pm
The beauty of this thread, for as far as I am concerned, always has been the willingness to help eachother and the freedom between choosing following the original concept and adapting to new idea's.

There are very nice and valuable people over here ready to share what they know. Emmanuel is one of these persons. And yes, as he may have evolved to new variables based on TMS he never has tried to hijack this thread nor did he try to win souls for his own methods.

In fact, he always gave us a choice. When asked he would always reply and share the links to the most important posts written by Eelfranz.

I was silent for some time. This is also because I am struggling at the moment in my trading so I have nothing of value to share (I think) but I regret seeing you nice people go into an attack and/or fight with eachother.

Again: this thread holds a great value: the CHOICE you have. If you want to trade the original concept and only that you can do so perfectly and you will be guided by many people here. (I tend to be somebody who sticks to the original) but on the other hand. Closing our eyes for anything what may contribute, such as new insights can be a bad idea also.

In buddhism there is a saying going like 'adapt to what fits your soul and peacefully let go of anything which does not'

The biggest distraction in this thread is NOT the difference in approach of TMS but the fights which seems to start from time to time.

I would like us all to return to the beauty of this thread. Learn TMS, Trade TMS, guide eachother and allow eachother to express themselves knowing that in the end wie all want the same thing. Trading as it is our passion, create our methodology and become confident and profitable traders.

We are amongst friends over here, not enemies.

As for me, I have to work a lot on myself lately because I got distracted and I must return to the very basics of TMS again but I know I will succeed in the end.

Wishing you all a very nice and peacefull weekend,

Jan
First comes knowledge about yourself, then comes a system...
  • #75,184
  • Jan 27, 2017 4:09pm Jan 27, 2017 4:09pm
Quoting JanCeulemans
The beauty of this thread, for as far as I am concerned, always has been the willingness to help eachother and the freedom between choosing following the original concept and adapting to new idea's. There are very nice and valuable people over here ready to share what they know. Emmanuel is one of these persons. And yes, as he may have evolved to new variables based on TMS he never has tried to hijack this thread nor did he try to win souls for his own methods. In fact, he always gave us a choice. When asked he would always reply and share the links...

I totally agree with you.

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  • #75,185
  • Jan 27, 2017 4:37pm Jan 27, 2017 4:37pm
Quoting JanCeulemans
The beauty of this thread, for as far as I am concerned, always has been the willingness to help eachother and the freedom between choosing following the original concept and adapting to new idea's. There are very nice and valuable people over here ready to share what they know. Emmanuel is one of these persons. And yes, as he may have evolved to new variables based on TMS he never has tried to hijack this thread nor did he try to win souls for his own methods. In fact, he always gave us a choice. When asked he would always reply and share the links...

**OFFTOPIC** I saw videos of you in youtube yesterday! ^_^
  • #75,186
  • Jan 27, 2017 7:18pm Jan 27, 2017 7:18pm
Quoting JanCeulemans
Wishing you all a very nice and peacefull weekend, Jan
Jan -
Every country with the exception of few have basically somewhere in their country constitution a freedom of choice.
Is my choice to only learn BigE's Trading Made Simple veto by one man or men.
Because that man or men has decide that BigE's Trading Made Simple is no more relevant in today's market.
If I want to progress then allow me to decide how to progress.
If I want to learn Craig Harris method then I go to Craig Harris thread.
If I want to learn BigE's Trading Made Simple than I go to thread Trading Made Simple
If I want to learn Emmanuel Trading than I go to Emmanuel Trading
If I want to learn pivot trading than I go to Davit's Pivot trading
If I want to learn...................................
There are 2590 Threads open for interactive trading.
I have chosen to learn only I repeat only BigE's Trading made Simple
There is no "but"
What ever augment any member or members might have it will always be irrelavent for this is BigE's thread.
Who and by what right do they claim ownership and decide what members can and can not learn or when to learn or where to learn

This is and will always be BigE's Trading Made Simple and BigE has made it crystal clear in post #486
I'm disappointed in a few of you and your actions.

This is my thread and my method... traded the way I've laid it out.

I don't want to see any more posts that discuss other indicators... other ways...
I'm here to help you to make money at no cost to you and I've invested thousands of hours doing just that.
Just show your support and respect that were discussing the 5 method... making trading simple.
If you want to share your other ways or indicators then PM the person that is
  • #75,187
  • Jan 27, 2017 7:46pm Jan 27, 2017 7:46pm
Quoting Tortilla
{quote} I would wait for Setup candle crossing 5ema and closing on the other side of the ema. SL below next support, TP next resistance

Quoting Pipsters
{quote} We are at support, in an uptrend. Stoch confirms the TDI signal. Just took a long position
BEFORE

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AFTER

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Do you simply accept that there will be losses in trading?

or

Do you want to learn how to trade the 5-Method by picking only the A+++ setup so that you will have fewer losses and your win rate will improve?


Too much time is being spent on TDI and Stochastics,
Too little time time on Price Action and Support/Resistance.
And no time spend on Money Management, Risk Management for entries and exits, When and How to Let Profits Run.
You need to find your WINNING EDGE and the TDI is not in the winning edge equation.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #75,188
  • Jan 27, 2017 8:45pm Jan 27, 2017 8:45pm
Quoting Tortilla
Read between the lines, obviously it's all about probabilities, but he had a high level of market reading

HIGH PROBABILITY TRADING
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I read this book many years ago. There is a lot of stuff in this book by Marcel Link which is one of my reference books in my library.
Big E is all his 1485 post in Forex factory did not mention anything about trading probabilities.
After you have read the book and fully understood its content in today market conditions, you will see the weakness of the 5-Method and why it is not a high probability trading system.
Trading can never be made simple for mass market and you will know why after you read that book.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #75,189
  • Jan 28, 2017 2:28am Jan 28, 2017 2:28am
Years have passed and the argument rages on. BigE did discuss price action. But if I were trying to learn his method I would stay with just the pairs that he traded, on the time frame that he traded. I think it would help the newer traders find the trades that work best if we did discuss price action a bit more. The TDI is a trigger that let Big E know a certain kind of price action was occurring. He did not take every signal.

Quoting emmanuel7788
{quote} HIGH PROBABILITY TRADING High Probability Trading - Marcel Link.png;2160524 I read this book many years ago. There is a lot of stuff in this book by Marcel Link which is one of my reference books in my library. Big E is all his 1485 post in Forex factory did not mention anything about trading probabilities. After you have read the book and fully understood its content in today market conditions, you will see the weakness of the 5-Method and why it is not a high probability trading system. Trading can never be made simple for mass market...
I agree with you on probability. It might help the newcomers to define it. Big E had a lot intuitive knowledge that he did not have time to leave behind. Maybe we can help with that. Trading is an art more than a science and it takes time to learn to use PA with the system. As long as we stick to the charts and the set ups that Big E used I will be more than happy to chip in here on a regular basis. If it is possible we will all work together.

Quoting emmanuel7788
Here is one of Big E's trade pair - EURUSD. What do we look for to trade Big E Trading Made Simple? H4 closing in 3hour 46mins EURUSD Jan 27 H4.png;2159473 {image}
Hi Emm. That is a good quiz chart. I think that maybe for the newbies I would use the TDI that BigE used and eliminate the Volatility bands and the MBL line.

About your question. Personally I would not consider the trade because the PA is terrible. The bulls only reversed a single bear bar. And it was small. I would like to see some follow through on the next bar which would be bar three. If bar three show the bulls are serious then I would enter there. I want to make sure that the bulls want to test the high of the bull channel rather than the bears forming a bear flag and the possible start of a new bear trend. I think if we share PA insight like this it might help.
If you are good at something, never do it for free--Joker
  • #75,190
  • Edited 5:10am Jan 28, 2017 4:58am | Edited 5:10am
Quoting jmn5611
Years have passed and the argument rages on. BigE did discuss price action. But if I were trying to learn his method I would stay with just the pairs that he traded, on the time frame that he traded. I think it would help the newer traders find the trades that work best if we did discuss price action a bit more. The TDI is a trigger that let Big E know a certain kind of price action was occurring. He did not take every signal. {quote} I agree with you on probability. It might help the newcomers to define it. Big E had a lot intuitive knowledge that...
It's good to have more constructive opinion. I like to hear more from you regarding PA and TMS.

Following is my back test result for 65 days on EUR/USD

Following was my trading plan for this backtest

1. Pick the trade near or during the London opening session when PA occured
2. Aim 10 -50 pips according to the PA.
3. Try to close before New York open unless it show strong PA.
4. Stop loss is about 50 pips
5. close trade if it show weakness ( long wick or color change )
6. Tried to follow trend ( above or below 60 MA ) since I couldn't look at high TF

7. There was one ME/ME trade during this back testing.
8. Traded with 0.01 nano lot size

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Feel free to comment on this
  • #75,191
  • Jan 28, 2017 5:16am Jan 28, 2017 5:16am
Quoting inforserve
{quote} It's good to have more constructive opinion. I like to hear more from you regarding PA and TMS. Following is my back test result for 65 days on EUR/USD Following was my trading plan for this backtest 1. Pick the trade near or during the London opening session when PA occured 2. Aim 10 -50 pips according to the PA. 3. Try to close before New York open unless it show strong PA. 4. Stop loss is about 50 pips 5. close trade if it show weakness ( long wick or color change ) 6. Tried to follow trend ( above or below 60 MA ) since I couldn't look...
Your backtest shows that even mechanical trading would have worked with this method. You would be even more profitable if you took trades with good PA. There are bunch of trades on that chart I would have avoided because I can see a trading range.
If you are good at something, never do it for free--Joker
  • #75,192
  • Edited 2:21pm Jan 28, 2017 5:24am | Edited 2:21pm
Quoting jmn5611
{quote} Your backtest shows that even mechanical trading would have worked with this method. You would be even more profitable if you took trades with good PA. There are bunch of trades on that chart I would have avoided because I can see a trading range.
O.k. Thanks
Do you mean you avoid narrow trading range by looking at left side of current chart or looking at high TF ?
Just curious about other people's observation. I will do both.
Actually I made EA with TDI and ADX with moving average & (ME/ME ) and it was profitable on EUR/USD & AUD/USD for 10 years back test.

But failed on the other currencies. Specally EUD/CAD and G pairs.
  • #75,193
  • Jan 28, 2017 5:39am Jan 28, 2017 5:39am
Quoting inforserve
{quote} O.k. Thanks Do you mean you avoid narrow trading range as looking at left side of current chart or looking at high TF ? Just curious about other people's observation. I will do both. Actually I made EA with TDI and ADX with moving average & (ME/ME ) and it was profitable on EUR/AUD & AUD/USD for 10 year back test. But failed on the other currency. Specally EUD/CAD and G pairs.
Yes, a tight trading range is not a good way to make money. A robust trading method will work on any pair and any timeframe if liquidity is there. So scrap your EA. Based on what you just told me you are not trading a pure version of TMS. A pure version of TMS will work on every timeframe. BigE would have you trade H4 until New York.
If you are good at something, never do it for free--Joker
  • #75,194
  • Jan 28, 2017 5:45am Jan 28, 2017 5:45am
Quoting jmn5611
{quote} Yes, a tight trading range is not a good way to make money. A robust trading method will work on any pair and any timeframe if liquidity is there. So scrap your EA. Based on what you just told me you are not trading a pure version of TMS. A pure version of TMS will work on every timeframe. BigE would have you trade H4 until New York.
Much appreciated your comment.
  • #75,195
  • Jan 28, 2017 5:59am Jan 28, 2017 5:59am
Quoting inforserve
{quote} Much appreciated your comment.
You are welcome.
If you are good at something, never do it for free--Joker
  • #75,196
  • Jan 28, 2017 6:11am Jan 28, 2017 6:11am
How many trade PA with TDI ?

Who can say they really studied properly PA ..



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Until they become so comfortable with Just PA that they let go of TDI and focus on just that so that they could get even better...
It's in fear when people show what they truly value.
  • #75,197
  • Jan 28, 2017 8:06am Jan 28, 2017 8:06am
Quoting inforserve
{quote} It's good to have more constructive opinion. I like to hear more from you regarding PA and TMS. Following is my back test result for 65 days on EUR/USD Following was my trading plan for this backtest 1. Pick the trade near or during the London opening session when PA occured 2. Aim 10 -50 pips according to the PA. 3. Try to close before New York open unless it show strong PA. 4. Stop loss is about 50 pips 5. close trade if it show weakness ( long wick or color change ) 6. Tried to follow trend ( above or below 60 MA ) since I couldn't look...

FX Blue EA? I am backtesting manually as well triying to practise like real time.

Results looks primising
  • #75,198
  • Jan 28, 2017 9:17am Jan 28, 2017 9:17am
Quoting eelfranz
I'm on a laptop that no longer allows me to post a chart on FF. I'll post a chart tomorrow showing you again a normal trade set up and a bounce trade... once you see it you'll have it down...
Hi eelfranz, thankyou very much for your efforts, i totally agree with your post, indicators and etc only one thing i don't know is PA Candles??? what is PA candle after adding this indicator to my mt4 candles are same only is change in color of candles. what do you mean by PA candle is that candle has something special means a special shape, a special picture, a special size or what???
Please teach me about it i will be very thankful to you...
  • #75,199
  • Jan 28, 2017 9:32am Jan 28, 2017 9:32am
Quoting Daaimali1512
{quote} Hi eelfranz, thankyou very much for your efforts, i totally agree with your post, indicators and etc only one thing i don't know is PA Candles??? what is PA candle after adding this indicator to my mt4 candles are same only is change in color of candles. what do you mean by PA candle is that candle has something special means a special shape, a special picture, a special size or what??? Please teach me about it i will be very thankful to you...
Dude eelfranz is not with us anymore he passed away few years ago. Welcome to the forum though.
  • #75,200
  • Jan 28, 2017 10:11am Jan 28, 2017 10:11am
Quoting emmanuel7788
{quote} Hi, here, TDI-RealTime version Post#17,848 There is no change to the 5-Method the basic 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...
Hello Emmanuel, i am new and have reviewed all older and new posts, understood about tdi and sto both, also tdi red is crossing green and sto is the confirmation when it's blue crossing dodge blue up or down, if i am wrong somewhere please address me but i am totally unable to understand about HA Candle indicator couldn't understand this one if i add this to mql4 and then inserts it to my mt4 there is only change in colors of candles, So how to know about bouncy candle and what is 12-2 and 6-4 in candle is this any kind of measurement or what???
Please help me for this by uploading a chart of current week or 2017 where tdi system is working and you placed trades according to this system... Plz must upload a latest chart which should be running according to tdi system... Thanks and shall wait for your reply...
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