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Trading Made Simple

  • #75,661
  • Feb 8, 2017 3:57am Feb 8, 2017 3:57am
Dear Emmanuel,

I sent you a PM but you are yet to respond. Please am waiting for you. Thanks
  • #75,662
  • Feb 8, 2017 4:01am Feb 8, 2017 4:01am
Quoting Olat15
Dear Emmanuel, I sent you a PM but you are yet to respond. Please am waiting for you. Thanks

Ok, you sound urgent so I check it now.
I usually read and reply PM on weekends.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #75,663
  • Feb 8, 2017 4:58am Feb 8, 2017 4:58am
Quoting emmanuel7788
{quote} That is not a A+++ trade. You got lucky, got out with some profits.{image}
I do not trade the way you see it.
I trade it the way I see and understand BigE's Trading Made Simple.
I do not care if it is not a A+++ trade. BigE never spoke about a A+++trade, why should you?
It is something suck out of thin air by a member and it is such a fancy word for it give's the impression that the member who use it know something we (newbies) do do not know. Big deal.

Luck has nothing to do with it. It is about following the rules that BigE gave in post#647.
Simply and straight forward.
No mambo - jumbo.
Following them rules day in day out.

BigE's #495
Starting out you should be 60-65% successful. Within 1 to two months you should be 70-80% successful..
If... you follow the simple rules and simple exits... 3-6 months... 85% successful.
Don't complicate it... keep it simple. Buy your wheel barrow

It is not about right or wrong. It is get them pips, put them in wheelbarrow and go to the bank.

last note emmanuel.
I am having fun and getting payed while having fun. If you do not enjoy the work you do then you are in the wrong profession. Find a profession that you enjoy doing, the sun will shine so much brighter. Many entrepreneurs have taken their hobby and made it a successful business. You posted that to ridicule BigE

Below is my trades for this week so far. Not bad for a rookie trader that only follow the way BigE has laid it on the table.
BigE's ##119
You can't get different results if you keep doing the same thing over and over...
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  • #75,664
  • Feb 8, 2017 5:15am Feb 8, 2017 5:15am
Quoting Tekkies
{quote} I do not trade the way you see it. I trade it the way I see and understand BigE's Trading Made Simple. I do not care if it is not a A+++ trade. BigE never spoke about a A+++trade, why should you? It is something suck out of thin air by a member and it is such a fancy word for it give's the impression that the member who use it know something we (newbies) do do not know. Big deal. Luck has nothing to do with it. It is about following the rules that BigE gave in post#647. Simply and straight forward. No mambo - jumbo. Following them rules...

@Tekkies,

Big E had the financial resources and being retired, trading was fun to him.

These two posts should be good in your memory since you like to cut and paste his old posts so much. You have nothing original of your own.

http://www.forexfactory.com/showthre...34#post4580234

http://www.forexfactory.com/showthre...22#post3306122

use good money management, did you good management in your trades this week?

Good luck.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #75,665
  • Feb 8, 2017 5:52am Feb 8, 2017 5:52am
Quoting emmanuel7788
{quote} @Tekkies, Big E had the financial resources and being retired, trading was fun to him. These two posts should be good in your memory since you like to cut and paste his old posts so much. You have nothing original of your own. http://www.forexfactory.com/showthre...34#post4580234 http://www.forexfactory.com/showthre...22#post3306122 use good money management, did you good management in your trades this week? Good luck.
You right, I do not have anything original of my own.
An student do not know more then what the Master knows.

Keep it simple. Play the game by the rules BigE has given.
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  • #75,666
  • Feb 8, 2017 6:38am Feb 8, 2017 6:38am
Quoting emmanuel7788
{quote} That EA is a commercial product and we are not allow to post commercial products in this thread. Also back in 2010, eelfranz did not want us to discuss any trading robots in his thread. He knew the bad experience trading with robots. I agree with him. If you want to learn TMS, let the TMS V19 teach you about how to trade reversals with candle setups. see this link post: http://www.forexfactory.com/showthre...19#post8759319
Hi Emm,

Have you tried the final version of ETB1.10 by seller9 instead of the TMSv19 yet?

Alot of coding has changed since TMSv19
Attached File(s)
File Type: zip ETB_Files.zip   2.1 MB | 447 downloads
  • #75,667
  • Feb 8, 2017 8:34am Feb 8, 2017 8:34am
Quoting emmanuel7788
EURUSD Feb 8 H1 trade entry using TOK_5H. One of my favourite intraday trade entry is to use the Tokyo session first 5 hours high low and look for trades. Following the previous D1 candle which close bearish, this is to trade the CONTINUATION. EURUSD Feb 8 H1 entry.png;2177679 {image}
Emmanuel,can u explain this method about Tokyo first 5 hours? Do u follow Daily,h4 and enter on H1 when price,on the 6th hour,broke high or low of first 5 Tokyo hours?
It works always and with London and New York too? 6th candle must be close or not? What type of Atr do u use for SL/TP?

Thanks
Mi odino pure, purche' mi temano. (Gaio Cesare Germanico Caligola)
  • #75,668
  • Edited 11:56am Feb 8, 2017 9:12am | Edited 11:56am
Quoting emmanuel7788
{quote} My trade manager helps me manage my ME/ME trades. Once I decided to be buyer or seller, I initiate the first trade entry and the trade manager will help me build the positions as one trade basket. It will then take profit at determined number of pips and make re-entries. I decide when to start trading and when to stop trading. Example of EURUSD trades in the past 4 weeks done on the Weekly chart timeframe. EURUSD Weekly trades.png;2170699 {image}
Hi emmanuel, how is the continuation of this ME trades? have we entered on 'smart cut loss' region? on the last open ME trades?
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I've read The Tao of Reward and Risk by Sam Eder that you mentionated here and the conclusion I could get from it is that the R:R from individual trade is not that important, but the R multiple you can get after a round of many trades.
If possible would like you to check these numbers, and point me where should I improve, by my tests on last couple of weeks and more backtest looking at past trends, I've found that 1x ADR SL is usually not enought to hold retraces for MEME trades on D1, but 2x ADR is usually enought to keep trading MEME and getting proffits of 0.5x ADR, and keeping 0.5x ADR distance between each position. And while the trend continues, it's only proffits, just like these posts from you: EURUSD / AUDUSD
By using 2x ADR as Hard stop loss, I'm able to build 4 positions with 0.5x ADR distance from each.
Now using this and the previous numbers to try to get a good R multiple, the total loss of a Full Basket loss would be the initial 2x ADR for first position - 0.5x ADR till stop loss = 2+1.5+1+0.5 = 5x ADR.
5x ADR would be the worst cenario from a full basket loss that all positions went to hard stop loss
so if using 0.5x ADR TP, I would need rought 10 wins of 0.5x ADR to leave at break even for each of this loss, this would imply in more than 90% win rate from baskets (if consider one basket positive -> one win, not individual trade positions 90% rate). This is what i mean with "the loss on end of the trend".
The only way I can think on improve this R, is either improving take proffit, or improving 'smart cut loss'
Am I getting this right? please share your thoughts
thanks!


Edited: I would also like to ask what is this line in your chart bellow? Sounds some kind of doda donchian, how are you using it on your ME trading methodod? is it used to help with the "smart cut loss"?
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  • #75,669
  • Feb 8, 2017 9:54am Feb 8, 2017 9:54am
Hello,

I was stopped out of this trade. Can Somebody help me to analyse if there was a bad entry?
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  • #75,670
  • Feb 8, 2017 12:50pm Feb 8, 2017 12:50pm
Quoting tbarper
Hello, I was stopped out of this trade. Can Somebody help me to analyse if there was a bad entry? {image}
I'd love to help and I'm sure lots of other forum members are but we need to know:
When did you enter? Why did you enter? What were your triggers?
  • #75,671
  • Feb 8, 2017 2:10pm Feb 8, 2017 2:10pm
Emmanuel,I try a demo entry today on Eur-Jpy and I lost demo money :-)

Can u tell me my mistake? Entry is last candle on H4. After my enter,last candle was small just opened and tdi was flat. I've used ATR 10 for Sl/TP

WEEKLY

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DAILY

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H4

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Thanks for your help,I appreciate it
Mi odino pure, purche' mi temano. (Gaio Cesare Germanico Caligola)
  • #75,672
  • Feb 8, 2017 2:16pm Feb 8, 2017 2:16pm
love those clean charts
  • #75,673
  • Feb 8, 2017 2:43pm Feb 8, 2017 2:43pm
AUD/NZD

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  • #75,674
  • Feb 8, 2017 3:16pm Feb 8, 2017 3:16pm
Quoting emmanuel7788
{quote} 1) Middle band of Tdi is useful or I can use only "price & signal" line? Choose your trading styles using the TDI Scalping, Active and Moderate Post#24,705, Post#23,486, Post#24,912, Post#51,153, Post#51,299,...
Hi Emmanuel,

I've reading this info you have posted several times, but I didnt get it. Is it about BigE original 5EMA method? Is it malone approach? Is about TDI alone?

Thanks in advance for any clarification
Fenix Capital Mgmt Return This Month: na
  • #75,675
  • Feb 8, 2017 5:18pm Feb 8, 2017 5:18pm
Quoting Pretoriano
Emmanuel,I try a demo entry today on Eur-Jpy and I lost demo money :-) Can u tell me my mistake? Entry is last candle on H4. After my enter,last candle was small just opened and tdi was flat. I've used ATR 10 for Sl/TP WEEKLY 1a - Weekly Eur-Jpy Ema10.png;2178901 DAILY 1b - Daily Eur-Jpy Ema10.png;2178905 H4 1c - H4 Eur-Jpy Ema5 Atr10.png;2178906 Thanks for your help,I appreciate it {image} {image} {image}
you follow the weekly and daily, that's good.

there is old resistance 119.66 which is support now seen on D1.

but H4 candles are small and its price momentum is rising ... see the Red line vs the Green line

H4 stop loss should be at 120.25 at the time of your trade entry candle, giving it enough room to breathe.

you can use the previous 2 days candle high but this would be more pips R and you H4 position size would be mush smaller if you use 120.25

my sell TP is around 118.75 near an old support
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #75,676
  • Feb 8, 2017 5:27pm Feb 8, 2017 5:27pm
Quoting tbarper
Hello, I was stopped out of this trade. Can Somebody help me to analyse if there was a bad entry? {image}
there is no such thing as a bad entry.

its either you enter early or late, or you pick your entry at right TIMING (one of the ten things you must consider for a A+++ setup, Big E knows how to pick his best setups)

you sell into support area which is very clear on you chart but you have too many lines which clutter your chart.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #75,677
  • Feb 8, 2017 5:30pm Feb 8, 2017 5:30pm
Quoting elDIABLO21
{quote} Hi Emmanuel, I've reading this info you have posted several times, but I didnt get it. Is it about BigE original 5EMA method? Is it malone approach? Is about TDI alone? Thanks in advance for any clarification

it is about how the TDI can be use for different trading style.

you can use the only the Green and Red like a scalper would.

or you can use the Green, Red and Yellow, be an Active style trader.

or you can be more conservative Moderate style trader

Scalping -
Long = Green over Red,
Short = Red over Green

Active
Long = Green over Red & Yellow lines
Short = Red over Green & Yellow lines

Moderate
Long = Green over Red, Yellow, & 50 lines
Short= Red over Green, Green below Yellow & 50 line
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #75,678
  • Feb 8, 2017 5:41pm Feb 8, 2017 5:41pm
Quoting mokuro89
{quote} Hi emmanuel, how is the continuation of this ME trades? have we entered on 'smart cut loss' region? on the last open ME trades? EURUSD.PNG;2178471 I've read The Tao of Reward and Risk by Sam Eder that you mentionated here and the conclusion I could get from it is that the R:R from individual trade is not that important, but the R multiple you can get after a round of many trades. If possible would like you to check these numbers, and point me where should I improve, by my tests on last couple of weeks and more backtest looking at past trends,...

both AU and EU Position trades still running and taking in small profits as the market starts ranging.

do not wait for your basket to be filled, take profits above average entry price to have more number of profitable baskets even you may have 1 -2 losing trades in one basket.

do not count the peanuts "would need rought 10 wins of 0.5x ADR..." but when we trade with ME/ME , we look at account growth and margin level, and manage the DD.

no, that is not doda donchian. it is something we use in TMS-II development introduced by another trader in 2013. Nothing to do with Big E who died in 2012.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #75,679
  • Feb 8, 2017 5:42pm Feb 8, 2017 5:42pm
Quoting emmanuel7788
{quote} it is about how the TDI can be use for different trading style. you can use the only the Green and Red like a scalper would. or you can use the Green, Red and Yellow, be an Active style trader. or you can be more conservative Moderate style trader Scalping - Long = Green over Red, Short = Red over Green Active Long = Green over Red & Yellow lines Short = Red over Green & Yellow lines Moderate Long = Green over Red, Yellow, & 50 lines Short= Red over Green, Green below Yellow & 50 line
It is what I thought

Thanks for your answer, great job keeping useful this thread
Fenix Capital Mgmt Return This Month: na
  • #75,680
  • Feb 8, 2017 5:45pm Feb 8, 2017 5:45pm
Quoting quyquan
{quote} Hi Emm, Have you tried the final version of ETB1.10 by seller9 instead of the TMSv19 yet? Alot of coding has changed since TMSv19 {file}

Hi,

thanks for the ETB files.

we stopped at TMS v19 after learning a few good things from it.

then we moved on and developed trade manager for trading TMS 5-Method with multiple entries / multiple exits, etc.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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