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Trading Made Simple

  • #77,581
  • Mar 16, 2017 8:05pm Mar 16, 2017 8:05pm
Quoting Tekkies
{quote} What has the annual median income in South Africa got to do with Trading Made Simple. Google is one click away and can run ring's around you by copy and past Get back to the question on hand. Are you going to open a thread of your own? Will you leave the member's that stay behind to learn BigE's TMS like it is spelled out in post#1 in peace.

@Tekkies,

I was asked many times what the trading account size, etc. etc.

So I build a business model using the traders annual income and with financial goals, and a trading business plan.

I did this for one trader in Sydney with an annual income of A$70,000.
So I demonstrated how he can trade with one year his annual salary saved (~US$50k) account and target 10% profit every 20-trading days cycle.
That was done in 2015 and posted here in this thread. Some may recall those post of monthly statements posted.

That is just one way to use the annula income as trading capital and have SMART $targets.

Do not have ambitious targets like 30% to 40% profit per month and doubling an account etc. and to turn $5k into one $million.
Of course you can trade with small account S$1k , S$2k and with maximum risk and double an account.
But I am looking at long term consistent profits and using trading cycles and not months.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #77,582
  • Mar 16, 2017 8:13pm Mar 16, 2017 8:13pm
Quoting TheRock
{quote} C.R.E.A.M Charts Rule Everything Around Me
Quoting Renata
Hi Emm Resourceful Trading Trading Smarter Trading to Win
Quoting mary4x
Hey, people, let's come together on this for a few minutes and find a good title for Emmanuel's thread. Here are three more suggestions: Components of a Winning Trade Dynamic Trading with Emmanuel Exploring New Paths for TMS (Under "Systems" or maybe "Interactive Trading")
1) CREAM
2) Resourceful Trading
3) Trading Smarter
4) Trading to Win
5) Components of a Winning Trade
6) Dynamic Trading with Emmanuel
7) Exploring New Paths for TMS


its getting better... my creative juices flowing more.

we are getting somewhere, folks.

keep going, we may hit the jackpot before sunset today.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #77,583
  • Mar 16, 2017 8:28pm Mar 16, 2017 8:28pm
Quoting TheScorpS
{quote} Yes its very important H4/Daily trend for my H1 trades , thanks again Pls look under my name , theres a post about my template and indicator that u can use

Still haven't come discovered a sound SL for entry with TMS.


Also does anyone know how to use TheScorpS gorgeous chart?
Like what are all the windows, wide candlebar, high low of H4 bar, trend frames and what not.
  • #77,584
  • Mar 16, 2017 8:30pm Mar 16, 2017 8:30pm
hi everyone, hope someone can help me
in Daily frame i see uptrend, but i entry short in H4 because
- TDI blue crosses red
- PA at ressistant
- TDI at oversold >68

do I entry right?
or in Daily frame is uptrend, i should wait and entry long in H4

Please advise, many thanks in advance
Koala
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDUSDDaily.png Size: 45 KB
Click to Enlarge Name: AUDUSDH4.png Size: 34 KB
  • #77,585
  • Edited 8:49pm Mar 16, 2017 8:37pm | Edited 8:49pm
Quoting emmanuel7788
{quote} @Tekkies, I was asked many times what the trading account size, etc. etc. So I build a business model using the traders annual income and with financial goals, and a trading business plan. I did this for one trader in Sydney with an annual income of A$70,000. So I demonstrated how he can trade with one year his annual salary saved (~US$50k) account and target 10% profit every 20-trading days cycle. That was done in 2015 and posted here in this thread. Some may recall those post of monthly statements posted. That is just one way to use the...
OK, that is you and one trader in Sydney. Are you not the one that said you are not going to waste your time on me.

No emmanuel I wasted 6 month's in this thread trying to learn BigE's method. Struggling my butt off to find BigE underneath all junk posted. Post's that contradict BigE, post that make no sense at all, indicators, pdf's and everything els in between.
Sure BigE's post are in blue. Just like any newbie I jumped from post#25 to the last post at that time. Found you running the show. Even played protector for you against Realjumper. Did what you told me to do. Blow my trading account a few times along the way for i knew very little of trading. Even posted Tintin trying to hid the sting of a margin call. Found BigE full.pdf and started to learn from the Big man himself. Went to babypips and come back. I did not learn anything from all the other post's because once bitten twice shy. Slowly and surely I studied them post's in that pdf the more I come to realise that the man with the most post in this thread is misleading member's. Making everything complicated never simple. When i started to question you. You and you buddies jumped me like a pack of wild dog's.

No emmanuel I don't trust you.
  • #77,586
  • Edited 8:52pm Mar 16, 2017 8:42pm | Edited 8:52pm
Quoting faatkumo
{quote} Still haven't come discovered a sound SL for entry with TMS. Also does anyone know how to use TheScorpS gorgeous chart? Like what are all the windows, wide candlebar, high low of H4 bar, trend frames and what not.
faatkuma read post#53. #495, #1543. Do not know TheScorpS gorgeous chart.
edit:will answer you later with a chart.
  • #77,587
  • Edited Mar 17, 2017 1:53am Mar 16, 2017 10:08pm | Edited Mar 17, 2017 1:53am
Quoting emmanuel7788
{quote} new name for new Thread: We are heading somewhere. let's start name calling like the old days with Big E. please, everyone suggest a name for my thread title. if you come up with a name which I like, then I re-consider starting a thread with your suggested name all for you people. do we have a deal? now let me see 20 title names quickly before I change my mind.
Emmanuel's TMS
Emmanuel's Trading Made Simple
Trading Made Simple from Emmanuel
Trading Made Simple v2.0
New Trading Made Simple
Trading Made Simple Reloaded
Trading Made Simple Rebooted
Emmanuel's Forex Boot Camp
Emmanuel's Playground
....
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #77,588
  • Mar 16, 2017 10:10pm Mar 16, 2017 10:10pm
Quoting emmanuel7788
{quote} {quote} {quote} 1) CREAM 2) Resourceful Trading 3) Trading Smarter 4) Trading to Win 5) Components of a Winning Trade 6) Dynamic Trading with Emmanuel 7) Exploring New Paths for TMS its getting better... my creative juices flowing more. we are getting somewhere, folks. keep going, we may hit the jackpot before sunset today.

As complicated as you need it to be

The Elastic Method: simple markets, complex minds

The stair-step method: Climb as high as you need
  • #77,589
  • Mar 16, 2017 10:19pm Mar 16, 2017 10:19pm
Quoting Tekkies
{quote} faatkuma read post#53. #495, #1543. Do not know TheScorpS gorgeous chart. edit:will answer you later with a chart.

Very helpful thnx man!
  • #77,590
  • Mar 16, 2017 10:21pm Mar 16, 2017 10:21pm
Quoting gold-dollars
hi everyone, hope someone can help me in Daily frame i see uptrend, but i entry short in H4 because - TDI blue crosses red - PA at ressistant - TDI at oversold >68 do I entry right? or in Daily frame is uptrend, i should wait and entry long in H4 Please advise, many thanks in advance Koala {image} {image}
If I'd had to answer, maybe to enter the higher TF direction therefore wait for long entry.

What was was the point viewing the Daily then? Lol
  • #77,591
  • Mar 16, 2017 10:26pm Mar 16, 2017 10:26pm
Quoting gold-dollars
hi everyone, hope someone can help me in Daily frame i see uptrend, but i entry short in H4 because - TDI blue crosses red - PA at ressistant - TDI at oversold >68 do I entry right? or in Daily frame is uptrend, i should wait and entry long in H4 Please advise, many thanks in advance Koala {image} {image}

Check your charts, last candle or two going bullish on the HA H4.
May get a signal during London open where TDI may cross.
Good Luck and remember tomorrow is FRIDAY lol
  • #77,592
  • Mar 16, 2017 11:51pm Mar 16, 2017 11:51pm
Quoting emmanuel7788
{quote} {quote} {quote} 1) CREAM 2) Resourceful Trading 3) Trading Smarter 4) Trading to Win 5) Components of a Winning Trade 6) Dynamic Trading with Emmanuel 7) Exploring New Paths for TMS its getting better... my creative juices flowing more. we are getting somewhere, folks. keep going, we may hit the jackpot before sunset today.
Hi Emm,
how about "the complete system" .. is has the 3Ms. Mind, money mgmt, method.
rgds
  • #77,593
  • Mar 17, 2017 12:08am Mar 17, 2017 12:08am
Quoting Lookleft
{quote} Great trading TSS. Any chance of giving reasons for the trades (like we used to in times gone past) as I'm sure it will help a few newcomers to understand the thinking process to entering and exiting a trade using the TMS method.
I second the motion. Your expertise would be most welcome.
  • #77,594
  • Mar 17, 2017 12:14am Mar 17, 2017 12:14am
Quoting emmanuel7788
{quote} Tell me what is the annual median income in South Africa? I was told it is US$27,000 per annum. or is there anyone from South Africa who can tell me what the annual median income is.
Emmanuel - Median Income in SA is more like $7000 per annum - you also have to factor in the issue of a huge unemployment problem.......skews the numbers and the divide between the "have's" and the have-not's" is huge and growing....
  • #77,595
  • Mar 17, 2017 12:46am Mar 17, 2017 12:46am
Quoting Lookleft
{quote} Great trading TSS. Any chance of giving reasons for the trades (like we used to in times gone past) as I'm sure it will help a few newcomers to understand the thinking process to entering and exiting a trade using the TMS method.
Yes pal, will do that right now with the same chart as notes , I do those for my log journal as well on weekly basis , hope this helps further

Thanks for your encouragement
I Have Learned to Take Some Losses to Make Profits
  • #77,596
  • Mar 17, 2017 12:50am Mar 17, 2017 12:50am
Quoting michael_k
Hi Scorps {quote} You have now 1 more subscriber. . Hope to see more of your posts here.
Wish I could be of help for you guys here in TMS, hope in the future I can be of more help
I Have Learned to Take Some Losses to Make Profits
  • #77,597
  • Mar 17, 2017 12:52am Mar 17, 2017 12:52am
Quoting pips29
{quote} hi Scorps, it's been a long time seeing your last post..hope all's well...quite a bit of entertainment here....what a waste of energy
Hi pips, I have always follow your posts and trades , keep posting someone somewhere is learning from you
I Have Learned to Take Some Losses to Make Profits
  • #77,598
  • Mar 17, 2017 1:12am Mar 17, 2017 1:12am
Analysis of this week trading

1- Monday / 13-03-2017

Asian session divergence on the top, as you know, it was Monday so I was looking at a continuation of the Asian trend move, Phx62 many times explain that on Sunday evening, morning opening session if the pair trends in the Asian then most likely on Mondays PA continue in the same direction as Asian session, with TDI cross over 50 Line, I took the trade on the break below Frankfurt candle lows

2- Tuesdays / 14-03-2017
It was difficult day for me even though LO made a nice double top at the opens, I didnt trade as there was lots of support on lower time frames, so waited and guess what, it was a miss trade, NYO came and I expected a reversal, took long without a cross of TDI on H1, PA didnt move up, and suddenly it changes direction, closed it with -18 pips, didnt trade afterwards to reserve bad trading.

3- Wednesdays / 15-03-2017
Same story as Tuesdays, another missed trade, this time there was FOMC in the night, as the trend was good on Mondays and Tuesdays, I waited the news over, entered short from M15 time frame after news release, left it open and went to sleep, work up early morning and the TP was hit.

4- Thursdays / 16-03-2017
I was not looking for shorts anymore, so waited for a confirmation for longs after LO set the low of the day, but I was away at that time so couldnt take a good entry with the PCRF on H1, so entered on a retracement on H1 and TDI cross over 50 Line, as you can see I use EMA 10 , its not a part of Big E , but it helps me for many reasons to use it and this trade retracement was actually based on EMA 10 holding as support.

I had to re-post the chart as it makes better understanding
Attached Image (click to enlarge)
Click to Enlarge Name: 2017-03-16_18-31-05.png Size: 69 KB
I Have Learned to Take Some Losses to Make Profits
  • #77,599
  • Mar 17, 2017 1:44am Mar 17, 2017 1:44am
Quoting TheScorpS
{quote} Wish I could be of help for you guys here in TMS, hope in the future I can be of more help
Scorp why the wish? Why the future?. To see the chart's like those you post in TMS for M30 charts will bring this thread back to Trading Made Simple
  • #77,600
  • Mar 17, 2017 2:13am Mar 17, 2017 2:13am
Quoting gold-dollars
hi everyone, hope someone can help me in Daily frame i see uptrend, but i entry short in H4 because - TDI blue crosses red - PA at ressistant - TDI at oversold >68 do I entry right? or in Daily frame is uptrend, i should wait and entry long in H4 Please advise, many thanks in advance Koala {image} {image}
Gold
BigE did not checked the higher time frame. He got all the information from the chart he traded.
- Zoom out to find the long term trend
- Zoom in to the size you normal trade to find the short term trend.
Same direction more confidence, not used smaller lot size.
What time frame are you going to use? H4?. Then trade the H4. Get all the information from the chart you going to place the trade.
post#647
- level 68 - The angle of green is not really below 4. - Candles are on the small side. - Wick's both side's - S/R look like below Restistance.
Do you use 5EMA. - Below 5EMA
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