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Trading Made Simple

  • #76,141
  • Feb 20, 2017 6:04pm Feb 20, 2017 6:04pm
Quoting jmn5611
{quote} How do you eat an elephant? One bite at a time.

about Tekkies, his attitude has been like this,

- TMS is not about eating elephant.
- which post did Big E talked about elephant.
- people do not eat elephant in my country.


he does not know idioms, for example:
'to see the trees from the forest'.
he consider that misleading and
http://www.forexfactory.com/showthre...st#post9569531

I would not waste time to educate him.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #76,142
  • Feb 20, 2017 6:18pm Feb 20, 2017 6:18pm
Quoting Tekkies
{quote} jman that is what I want, at pace I can understand, that is way it brother's me. Maybe I am the only newbie that do not understand what the heck emm is talk about. Information overload is a bad thing

@Tekkies,


if you want it at a slower pace so that you can understand, then you must learn first to ask with a word ...'please...'
being a newbies as you declared, you must be humble like all other people here and they all learn by asking. when they ask me again and again, I will repeat again and again. I do not have problem repeating myself if that help the person.

the world will not stop for you to catch up. you have a slow learning capacity, that's your problem and I am here to help you only if you accept my help.

different people suffer information overload at different times. I suffer from information overload too when I read public forums. I have my own ways to deal with it. I dont expect people to stop posting so that I can catch up.

your have information overload, what cause it? I don't think it is the amount of posts in this thread. you also go to other thread and discuss programming stuff, that can be the problem you have with information overload.

instead of asking in a polite manner, you use 'cut-and-paste' of Big E posts and behaved like you are the moderator of this thread. in doing so you slow-down the learning for many others who have been up to speed here. you said Big E left a void, tell us what is that void that you need to fill?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #76,143
  • Feb 20, 2017 6:41pm Feb 20, 2017 6:41pm
Quoting heispark
Life is short. Don't waste your time to trolls. IMHO, as you have more knowledge, you have better oppotunity to survive in the market. Even though big E was one of the good traders, he is not god. Also, market condition has been changed since then. If he were still alive, i think he would have updated his strategy to adapt this changes.... I know people just pretend they use big e's system but actualy they also use all the different strategies and tools, or in general, 'knowledge'.... I am just sick of 'to protect newbi' execuse... It sounds like...

I agree with you. The forex market has changed along with the other markets.
I known Big E to be an evolving trader, always learning and tinkering with other systems. This is how he got to his 5-Method by taking components from the original Synergy trading model and stuff he learned from Craig Harris and RedTrader. He was a price momentum trader by following the market price swings and that is no secret.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #76,144
  • Feb 20, 2017 6:46pm Feb 20, 2017 6:46pm
Quoting dwsong72
Emmauel, It is FXChoice Broker, I am using Demo Account. The server time is GMT +2. Thanks,

Thanks dwsong72.

Anyone using FXDD live or demo account?

I would like to know FXDD' server time so that I can synchronise my offline data H4 candles with their server time H4 to do some tests.

Thanks for all your help folks.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #76,145
  • Feb 20, 2017 7:00pm Feb 20, 2017 7:00pm
Here, learn something from my favourite professional traders - Kathy Lien and ...

Inserted Video


Warning: Extreme graphics, Do Not watch if you are suffering from information overload.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #76,146
  • Feb 20, 2017 7:20pm Feb 20, 2017 7:20pm
Quoting emmanuel7788
{quote} Thanks dwsong72. Anyone using FXDD live or demo account? I would like to know FXDD' server time so that I can synchronise my offline data H4 candles with their server time H4 to do some tests. Thanks for all your help folks.

Emm, Did a search and I dug this info up on FXDD server time: GMT +2 Winter time and GMT +3 Summer (Daylight savings Time).

https://www.forexfactory.com/showthread.php?t=61491

Kilo
  • #76,147
  • Feb 20, 2017 7:27pm Feb 20, 2017 7:27pm
Quoting Kilobucks
{quote} Emm, Did a search and I dug this info up on FXDD server time: GMT +2 Winter time and GMT +3 Summer (Daylight savings Time). https://www.forexfactory.com/showthread.php?t=61491 Kilo
Hi Kilo,

Thank you very much.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #76,148
  • Feb 20, 2017 7:33pm Feb 20, 2017 7:33pm
For all of you, more experienced and advanced TMS trader learning to trade with mulltiple entries / multiple exits ME/ME,

check out this:

http://www.forexfactory.com/showthread.php?t=641877

look at that myfxbook trades.

remember, look at every small details and see what you learn from that.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #76,149
  • Feb 20, 2017 8:04pm Feb 20, 2017 8:04pm
I have never eaten an elephant.
I have eaten whale.
Ate it one bite at a time.
Now Tekkies knows two things and how to do them.
  • #76,150
  • Feb 20, 2017 8:11pm Feb 20, 2017 8:11pm
EURUSD ME/ME trade example

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Week 08 trade example with MEME.png Size: 63 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #76,151
  • Feb 20, 2017 8:48pm Feb 20, 2017 8:48pm
Quoting emmanuel7788
For all of you, more experienced and advanced TMS trader learning to trade with mulltiple entries / multiple exits ME/ME, check out this: http://www.forexfactory.com/showthread.php?t=641877 look at that myfxbook trades. remember, look at every small details and see what you learn from that.
Hi emm,

I quite new to here tho.. been following this thread and reading for quite some times to learn this 5 method trade. Anyway, i was reading this post and i found out that, myfxbook trade is increasing his trade when the market is going the opposite of his trade until he get a profit then he will close all. Correct me if im wrong ya.

Is this one of the method we can be use in tms 5 method?

By the way, this thread has been very informative to new guy like me.. thanks a lot every1 for sharing your charts, experience, and thoughts.

Cheers,
Miner88
  • #76,152
  • Feb 20, 2017 11:25pm Feb 20, 2017 11:25pm
Quoting Miner88
{quote} Hi emm, I quite new to here tho.. been following this thread and reading for quite some times to learn this 5 method trade. Anyway, i was reading this post and i found out that, myfxbook trade is increasing his trade when the market is going the opposite of his trade until he get a profit then he will close all. Correct me if im wrong ya. Is this one of the method we can be use in tms 5 method? By the way, this thread has been very informative to new guy like me.. thanks a lot every1 for sharing your charts, experience, and thoughts. Cheers,...
Hi Miner88,

Most important for me to reply you is:

1) NO. You cannot use that entry and exit method to trade TMS 5-Method without a full in-depth understanding of that expert advisor. It can ruin any trading account very quickly when there is no 'shirt protection' put in place.

2) You made one good observation on how the trade lot size being increase as he averages down. There are other details we must look into.

I'll let other members have their look at that trade history and post their observations. After that, I will share with you all my views and how I trade with multiple entries and multiple exits with the 5-Method.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #76,153
  • Feb 20, 2017 11:27pm Feb 20, 2017 11:27pm
Quoting bam5555
{image} Easy Monday....Next
Hi Bamm5555

interesting chart, a lot of color crosses, timing, process, patience viewed in picture of 1000 words etc... and comment "easy monday" long of short will do & grateful for your explanation of how "you" see and read market/charts.

Cheers,
Axleman
  • #76,154
  • Feb 21, 2017 12:11am Feb 21, 2017 12:11am
Quoting emmanuel7788
{quote} Hi Miner88, Most important for me to reply you is: 1) NO. You cannot use that entry and exit method to trade TMS 5-Method without a full in-depth understanding of that expert advisor. It can ruin any trading account very quickly when there is no 'shirt protection' put in place. 2) You made one good observation on how the trade lot size being increase as he averages down. There are other details we must look into. I'll let other members have their look at that trade history and post their observations. After that, I will share with you all...
Hello Emmanuel,

I also observe like Miner88 that the lotsizes were increased. But the EA also opens another basket with opposing orders during the one basket.
The baskets could also hedge each other. Perhaps the opposing basket is set at a certain drawdown and will played out since he is in profit and so on.

best regards

Thorsten
  • #76,155
  • Feb 21, 2017 1:01am Feb 21, 2017 1:01am
Quoting Pretoriano
Emmanuel,why u have said that on EurNzd are u searching only h4 entry? U watch Weekly TF for that? Another question...why u have said that on AudUsd maybe there is an entry on H1? There is no bearish trend on Daily. Thanks

Hi Pretoriano,

EURNZD:

I look at the Weekly chart and see previous 3 weeks candles are spinning top. Under these condition, one way is to trade H4 exactly like Big E, look for reversal when there is swing high or swing low.
Continue to trade H4 only until we see a nice W1 candle close.

Attached Image (click to enlarge)
Click to Enlarge Name: EURNZD W1 chart small candles.png Size: 13 KB


Note, last week W1 candle is Inside Bar.
Drop down to D1 and see the resistance above and support below the current price action.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #76,156
  • Feb 21, 2017 1:45am Feb 21, 2017 1:45am
Quoting emmanuel7788
{quote} @Tekkies, if you want it at a slower pace so that you can understand, then you must learn first to ask with a word ...'please...' being a newbies as you declared, you must be humble like all other people here and they all learn by asking. when they ask me again and again, I will repeat again and again. I do not have problem repeating myself if that help the person. the world will not stop for you to catch up. you have a slow learning capacity, that's your problem and I am here to help you only if you accept my help. different people suffer...
Hi emmanuel
What cause "information overload"? For me it is when given information are in conflict to each other. Like two wires short circuit.
What caused all those negative post's emmanuel?
1st - TDI is not the heart. 2de - Day End Trading, 3de - Divergence, (will skip the inflammatory one's and other's made on assumption with out proof.)

Based on your post emmanuel:
Members want to learn what you consider or deem necessity to become trader's
- Some do, Some don't
Members in this forum are on par with what you post.
- Some are, some are not.
Those that are not have a few choices like:
- 1. go back and learn from old post's to catch up.
- 2. ask the same question's that have been asked before.
- 3. ask new question's based on new subject's that will cause more confusion as to what TMS / 5 Method really is
- 4. leave this thread for it is to complicated, have diverged to much from Post#1 .

The "void" is BigE himself.
So please Emmanuel take this thread back to what is was like when BigE did his posting's
  • #76,157
  • Feb 21, 2017 2:13am Feb 21, 2017 2:13am
Quoting emmanuel7788
{quote} Thanks dwsong72. Anyone using FXDD live or demo account? I would like to know FXDD' server time so that I can synchronise my offline data H4 candles with their server time H4 to do some tests. Thanks for all your help folks.
hi
I had the same problem trying to figure out why my charts where not the same on different platforms.
I just changed the default server time on my platform instead.
I believe you can do that on all platforms.

regards
  • #76,158
  • Feb 21, 2017 2:14am Feb 21, 2017 2:14am
Quoting Deichkind
{quote} Hello Emmanuel, I also observe like Miner88 that the lotsizes were increased. But the EA also opens another basket with opposing orders during the one basket. The baskets could also hedge each other. Perhaps the opposing basket is set at a certain drawdown and will played out since he is in profit and so on. best regards Thorsten

Hi Deichkind,

Another good point noted.

Should not be hedging in the same account and same pair. Also not every broker allows hedging this way.
Hedging is not how I run my ME/ME trades.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #76,159
  • Feb 21, 2017 2:18am Feb 21, 2017 2:18am
USD looks strong after their US bank holidays.

So we sell AU, EU and GU.

what happens with EG?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #76,160
  • Feb 21, 2017 2:37am Feb 21, 2017 2:37am
Quoting emmanuel7788
USD looks strong after their US bank holidays. So we sell AU, EU and GU. what happens with EG?
morning

I am noticing contraction of price range the last days, and it looks like it is going to test the support again. My view is bearish on this pair

Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 65 KB


ps: that is just what I am thinking on a first look, don't shoot
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