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Trading Made Simple

  • #76,001
  • Feb 17, 2017 6:31pm Feb 17, 2017 6:31pm
Quoting bob44
{quote} can you please give me details of the lower windows indicator . download . Thank you Bob

OK, this has been asked many times. I think many sees this as a useful tool for learning and to have it setup correctly.

I will make a post later with the indicator and template for everyone here.

Please wait.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #76,002
  • Feb 17, 2017 6:58pm Feb 17, 2017 6:58pm
Hello guys

Can somebody help find the trading made simple strategy rules

Thanks
  • #76,003
  • Feb 17, 2017 7:21pm Feb 17, 2017 7:21pm
Quoting Ays
Hello guys Can somebody help find the trading made simple strategy rules Thanks
Click on the paper click and do some browsing there. There are many pdf available with the rules.
And, remember, those rules are not enough to become a profitable TMS trader. There's much more to it.
  • #76,004
  • Feb 17, 2017 7:33pm Feb 17, 2017 7:33pm
Quoting fcaldas
{quote} Click on the paper click and do some browsing there. There are many pdf available with the rules. And, remember, those rules are not enough to become a profitable TMS trader. There's much more to it.
Thanks for your reply, I have been reading this for the last 4 hours and there are 3801 pages, by the time I finish reading I will be hit retirement age, (just joking), Just wanted if someone can help. Glad that you replied and thanks for help
  • #76,005
  • Feb 17, 2017 7:34pm Feb 17, 2017 7:34pm
Quoting Ays
Hello guys Can somebody help find the trading made simple strategy rules Thanks

Hello Ays,

There are no rules if you want to learn to trade simple because trading cannot be made simple without following a proper structured education and with many hours trading practice in live market. The market will teach us how to become traders and better traders over a long time.

you may recall this last post I replied you in 2015.
http://www.forexfactory.com/showthre...28#post8324428
http://www.forexfactory.com/showthre...34#post8324434

Please read this thread and take notes of your own and learn from doing so.
Start posting with your charts and ask any questions. I'll be here and answer everyone who has questions.
Use our charts as our common language to communicate our trades, ideas, thoughts, etc.
It is a good way to learn to trade and to trade with Big E' 5-Method in this thread.


'Trading Made Simple" is just the title of this thread, it is one of several title names proposed by older members back in 2010.
Do not think this is a trading system because trading cannot not be made simple in just 1,485 posts here in Forex Factory. It can be simple for someone like Big E who had 6,000 hours of trading experience. He died in Oct 2012. We move on since then but his 5-Method remains the same.

Sorry to disappoint many of you here. There is no short-cut to learn to become traders. It is hardwork on your part. be prepared to make sacrifices and have the commitment to learn. If you are committed and is prepared to spend 3 to 5 hours every days form the next 2 to 3 years, I will be here to help you and be with you during your learning journey. I do this for free here in this thread.

Are you ready for this?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #76,006
  • Feb 17, 2017 7:35pm Feb 17, 2017 7:35pm
Quoting Ays
{quote} Thanks for your reply, I have been reading this for the last 4 hours and there are 3801 pages, by the time I finish reading I will be hit retirement age, (just joking), Just wanted if someone can help. Glad that you replied and thanks for help
Try searching on google "bigE full pdf forex factory". You might be able to find the full pdf with all his teaching. I can't help much other than this right as I am using my phone. Hopefully Emmanuel will be able to link you to the material.
  • #76,007
  • Feb 17, 2017 7:37pm Feb 17, 2017 7:37pm
Quoting emmanuel7788
{quote} Hello Ays, There are no rules if you want to learn to trade simple because trading cannot be made simple without following a proper structured education and with many hours trading practice in live market. The market will teach us how to become traders and better traders over a long time. you may recall this last post I replied you in 2015. http://www.forexfactory.com/showthre...28#post8324428 http://www.forexfactory.com/showthre...34#post8324434 Please read this thread and take notes of your own...
Totally agree.
I started tradingy going through this entire thread (or almost) and reading almost everything I could here.
I thought that would be enough. How naive was I. Had two margin calls and now I am back to just studying and lots of demo trading. There's a lot to learn and I think it will take me at least 3 years to start seeing some consistent profits.
  • #76,008
  • Feb 17, 2017 10:08pm Feb 17, 2017 10:08pm
No wonder why !!!

MT4 back test on weekend could be wrong idea.

http://www.forexfactory.com/showthread.php?p=5082986
  • #76,009
  • Feb 18, 2017 1:48am Feb 18, 2017 1:48am
Quoting emmanuel7788
{quote} This is how this H4 Divergence trade turned out. {image} Warning! This can be a bogus trade. To a hater like Tekkies, he will say this is bogus post, trade, etc. He has a lot so say. He makes a lot of noise in this thread because empty vessel makes a lot of noise to get your attention. He does not know his own trading platform well. He uses trailing stop in his trading but he does not see this. LOL.
Are you try to justify you post's that has nothing to do with Trading Made Simple or the way BigE traded the TDI cross on H1 and H4 by calling me a bogus trade

Again you have posted a post that has nothing to do with Trading made Simple.
BigE only used the word "Divergence "
once in Trading Made Simple.

https://www.forexfactory.com/showthr...05#post4569605

  1. https://cdn-assets.forexfactory.net/...tar69907_2.gif eelfranz
  2. Joined May 2008 | Status: Grand Poopaw | 1,488 Posts

Divergence,

That was just one of many methods we discussed. Folks were getting confused by mixing up rules from different methods so this thread will only be about the 5 method.

Do you understand the meaning of the word's in red and underline?

"He does not know that when initial stop loss is moved by the trader, the new stop loss can be above the entry price as in this buy trade example"
1st post: https://www.forexfactory.com/showthr...57#post9569257
2st post: https://www.forexfactory.com/showthr...15#post9569515 then at
3st post: https://www.forexfactory.com/showthr...65#post9569665

All the post's are about Sell order's, where does the buy trade example come from?
Wonder who is the bogus trade that will place a take profit below a sell order and then call it a stop loss

  • #76,010
  • Edited 8:10am Feb 18, 2017 3:35am | Edited 8:10am
Quoting emmanuel7788
{quote} I will be here to help you and be with you during your learning journey. I do this for free here in this thread. Are you ready for this?
By leading him down the rabbit hole Emmanuel? Yep got it, you will tell him a take profit is a stop loss

fcaldas, Ays
You have found a method that is proven to work and with rules to follow that is simple. BigE with his 6000 hours and 2 years developing TMS said so?
Simple does not mean Easy

Now come the most difficult part that will make or break you as a trader.
You need to find out why is it simple. How did BigE got it right to place a trade or walk away.

Start with post#647 which BigE phased as forex basic (Price Action)
Ask yourself what do you know about:
Support / Resistance level. How and where to draw them.
Why must you look at the size of the candle. What does it mean when a candle has a long wick at top and short wick at bottom.
What does the 12/2 and 4/6 angle signify.
Why Stoch is used only to confirm direction and worthless above below 80/20.
Why some members have removed Stoch and only trade of the TDI cross.
Heiken Ashi candles why is it important

You need to spend time in front of the computer and with the Big Guy.
You can be laze and waste your time in forums by asking members what you do not know and be spoon fed a lot of bogus useless information that you not going to need or required or that is to advance. You can read book's like those from Tharp who is not a trader.

BigE is the teacher in front of the classroom,(He started this thread and developed this method.)
The rest of the members that post and participate in this forum are students. You and I are one of many students.
Do you learn from the teacher or from the students. At best they can only give advice.
That advice can be wrong or right. Google for information about a subject, compare answers
The market will judge the answer you picked as right or wrong

BigE full.pdf
There is a wealth of information. Use Foxit Reader (basic version is free download).
Top right is a Search Tab to the left is a small image of a magnifying glass. Type key words in like "cross", "

TDI cross.pdf
Will give you the sweetspot where to place a trade.

How much are you prepared to sacrifice?
Example:
Your friends call you over for a party are you going to say "be over in a heart beat" or "Sorry, I need to study Forex"

You do have a choice, you can make it simple or make difficult.
Here is one members view point on how the candles convey information
http://www.forexfactory.com/attachme...7&d=1486575371
Watch this Youtube and you will come to the understanding of how much junk get posted in forums, books, webpages. It will show you to think outside the box.
Inserted Video
  • #76,011
  • Feb 18, 2017 3:58am Feb 18, 2017 3:58am
Hi TMS Folks,

It is weekend time and I am having a great Saturday evening here.

You all know that having patience is a very important virtue to be successful traders. What is even more important is to have DISCIPLINE. You need to have the discipline to ensure that you exercise your patience when you deal with everyday issues and also when you are trading.

In about 24 to 48 hours, I will be making an important post to demonstrate what I mean to have discipline.
Please be patient and stay tuned.

Enjoy your weekend.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #76,012
  • Feb 18, 2017 3:59am Feb 18, 2017 3:59am
Hi TMS Folks,

In case you have already read all of Big E posts in FF and is getting bored, you may want to read about DIVERGENCE and how it can add weight to your trading with the TDI.
You all know by now that the TDI is a creation using moving averages of the RSI data. RSI Divergence is a great addition to your trading arsenal never talked about by Big E himself. Do Not limit your knowledge when you want to trade the market and make more money. Knowledge is your own very powerful tool which will determine whether you succeed or not.

Read this book
RSI: The Complete Guide Post#27,110 by John Hayden
The Truth about Divergence ... read Chapter 4 Page 65

Have good read and in case you have any questions, feel free to ask in this thread. There are many very experience traders who have been here for many years and they will help you.

Enjoy.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #76,013
  • Feb 18, 2017 4:02am Feb 18, 2017 4:02am
Quoting fcaldas
{quote} Try searching on google "bigE full pdf forex factory". You might be able to find the full pdf with all his teaching. I can't help much other than this right as I am using my phone. Hopefully Emmanuel will be able to link you to the material.

Hi facaldas,

I use Google search engine, guess what I found.

Attached Image (click to enlarge)
Click to Enlarge Name: TMS 5_Method for Dummies book cover.png Size: 175 KB


Enjoy.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #76,014
  • Feb 18, 2017 4:07am Feb 18, 2017 4:07am
Quoting inforserve
No wonder why !!! MT4 back test on weekend could be wrong idea. http://www.forexfactory.com/showthread.php?p=5082986

Hi Inforserve,

That was way back to May 2010. Little has changed and in fact new 'problems' surfaced when we run back-testing with historical data.

Back-testing has its limitations and up till today there are other limitations which expert advisor trade manager have in the strategy tester.

therefore I prefer to run all expert advisors EA in forward testing in live market. When you do this, you will learn a lot about the market, your trading platform and your brokers.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #76,015
  • Feb 18, 2017 5:15am Feb 18, 2017 5:15am
Quoting emmanuel7788
{quote} Hi facaldas, I use Google search engine, guess what I found. {image} Enjoy.
haha! funny
I have this book but never got to read it.
  • #76,016
  • Edited Feb 19, 2017 9:07am Feb 18, 2017 9:29am | Edited Feb 19, 2017 9:07am
Just a little indicator to calculate risk on a live chart
Attached File(s)
File Type: ex4 PositionSizeCalculator.ex4   16 KB | 475 downloads




Note the decimal point on the Pos size eg 4.1 equals .41
  • #76,017
  • Feb 18, 2017 10:27am Feb 18, 2017 10:27am
Quoting bob44
Just a little indicator to calculate risk on a live chart{file}
This is very very helpful!
Thank you for sharing this !

Keep calm and trade well,
Bill
focus, manage risk, rinse, repeat
  • #76,018
  • Feb 18, 2017 11:02am Feb 18, 2017 11:02am
Quoting emmanuel7788
XAUUSD Week 07 For those who believe in market harmonics stuff, what do you think of this XABCD and completion of the AB=CD leg? is there a time duration for the CD leg or just test your patience? {image}
I tried harmiic trading with those patterns but there were too many false signals. I hope you get it too work but it wasn't for me
  • #76,019
  • Feb 18, 2017 1:54pm Feb 18, 2017 1:54pm
Quoting emmanuel7788
Hi TMS Folks, Read this book RSI: The Complete Guide Post#27,110 by John Hayden The Truth about Divergence ... read Chapter 4 Page 65 . Enjoy.
Thx for showing us the important trees in the jungle

stay tuned
Guido
Risiko birgt immer auch die Chance.
  • #76,020
  • Edited 5:08pm Feb 18, 2017 4:33pm | Edited 5:08pm
Quoting emmanuel7788
{quote} Hi Inforserve, That was way back to May 2010. Little has changed and in fact new 'problems' surfaced when we run back-testing with historical data. Back-testing has its limitations and up till today there are other limitations which expert advisor trade manager have in the strategy tester. therefore I prefer to run all expert advisors EA in forward testing in live market. When you do this, you will learn a lot about the market, your trading platform and your brokers. regards,
True. There is limitation for back testing with historical data. Over night swap rate is one of many factors. Forward demo testing is on progress now. Even though my backing result was fantastic, I do not expect have same result at forward testing. If I can get modest result out of demo forward testing, I will be as happy as Larry.
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