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Trading Made Simple

  • #78,201
  • Mar 28, 2017 2:52am Mar 28, 2017 2:52am
Quoting Tekkies
{quote} Why don't you post those discretionary rules emmanuel? That way all member's can learn what they are and use them.

@Tekkies,

I learned many things the hard way. I read, read, read, and takes notes and look in charts for examples.
It took me and a few other active TMS traders many months to share and discuss different views what we read in Big E's posts.
Now you are asking for a easy way, a short cut, ...
I said this before, I am not a trained teacher. I try my best to share with the folks here. I am working to be a good teacher but I want to be the best teacher.

Attached Image



Now, go and read all Big E's 861 and 463 posts in both old and new threads. You will find those 26 exceptions to his basic rules.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #78,202
  • Mar 28, 2017 2:53am Mar 28, 2017 2:53am
Quoting Tekkies
{quote} No Malony, emm place trade's on D1 and the post them as H1 trade's. https://www.forexfactory.com/showthr...35#post9564235 in this post emm show new member's how to trade TMS. {image}

Wow. Whats that?? Guess thats pure chaos based o MTF analysis. Rofl. That gurantees Profit. For the broker. Trading made chaos.
Newbies be warned of emmanuel7788. Hes not true.
  • #78,203
  • Mar 28, 2017 2:54am Mar 28, 2017 2:54am
Quoting Tekkies
{quote} emmanuel the time you spend posting here is the time you should use to build / write the content for the "new thread".

@Tekkies,

You should not worry about how I spend my time. There is time for different things and different priority.
My top priority is still my own trading.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #78,204
  • Mar 28, 2017 2:55am Mar 28, 2017 2:55am
Quoting emmanuel7788
{quote} @Tekkies, I learned many things the hard way. I read, read, read, and takes notes and look in charts for examples. It took me and a few other active TMS traders many months to share and discuss different views what we read in Big E's posts. Now you are asking for a easy way, a short cut, ... I said this before, I am not a trained teacher. I try my best to share with the folks here. I am working to be a good teacher but I want to be the best teacher. {image} Now, go and read all Big E's 861 and 463 posts in both old and new threads. You will...
Im followoing you emmanuel (y) good luck from my side!
  • #78,205
  • Mar 28, 2017 3:07am Mar 28, 2017 3:07am
Quoting Malony
{quote} Wow. Whats that?? Guess thats pure chaos based o MTF analysis. Rofl. That gurantees Profit. For the broker. Trading made chaos.

@Malony,

Here is how I trade the higher TF Weekly setups.

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD W1 trades.png Size: 21 KB

and it made 20% in the first 20 trading days cycle.
Attached Image (click to enlarge)
Click to Enlarge Name: 5k acct TE Mar 24 closed.png Size: 69 KB

https://www.forexfactory.com/showthr...02#post9704902

Spend your time and look for the exception to the basic rules where Big E mentioned using multiple entries instead of one entry one exit . It can't to that difficult to read 861 + 463 posts.

Good luck.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #78,206
  • Mar 28, 2017 3:12am Mar 28, 2017 3:12am
Quoting emmanuel7788
{quote} @Malony, Is this what you mean by "good setup/TDI cross" ? candle A or candle B Care to share some thoughts on how you trade TMS. {image}
Trading the low TF requires special skills and most traders will find it difficult to trade H1.

Frankfurt Open FO candle:
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Week 13 Mar 28 FO.png Size: 27 KB


Now with the London Open LO candle,

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Week 13 mar 28 X-man PB candle.png Size: 40 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #78,207
  • Mar 28, 2017 3:32am Mar 28, 2017 3:32am
Quoting emmanuel7788
{quote} Trading the low TF requires special skills and most traders will find it difficult to trade H1. Frankfurt Open FO candle: {image} Now with the London Open LO candle, {image}

Why you showing it than? Especially an entry on Fo Fakeout? on 1 H? Thats why Big E traded the 4 H to eliminate that.


edit:

Quoting emmanuel7788
{quote} @Malony, Here is how I trade the higher TF Weekly setups. {image} and it made 20% in the first 20 trading days cycle. {image} https://www.forexfactory.com/showthr...02#post9704902 Spend your time and look for the exception to the basic rules where Big E mentioned using multiple entries instead of one entry one exit . It can't to that difficult to read 861 + 463 posts. Good luck.
What was the entry on that weekly trade?
Newbies be warned of emmanuel7788. Hes not true.
  • #78,208
  • Mar 28, 2017 3:32am Mar 28, 2017 3:32am
It never stops, the battle between Tekkies and Emmanuel. Which of you is the wisest? I don't understand where you find all the time with so many replies and words.... Please, concentrate on trading.
Keep it simple without too many crappy indicators!
  • #78,209
  • Edited 8:49am Mar 28, 2017 3:35am | Edited 8:49am
Quoting emmanuel7788
{quote} @Tekkies, I learned many things the hard way. I read, read, read, and takes notes and look in charts for examples. It took me and a few other active TMS traders many months to share and discuss different views what we read in Big E's posts. Now you are asking for a easy way, a short cut, ... I said this before, I am not a trained teacher. I try my best to share with the folks here. I am working to be a good teacher but I want to be the best teacher. {image} Now, go and read all Big E's 861 and 463 posts in both old and new threads. You will...
Somehow I knew you were not going to post any discretionary rules. For there are none.
In post#285 BigE wrote: fine tune it to your understanding... don't add anything... don't complicate it.

Is this post#9866 one of the discretionary rules?
Top of the weekend to you all ! Go to any 1 hr/4hr chart, just look at the TDI... now scroll back about 6-12 months. It looks like rolling waves all along the TDI.
So why not get in at the top or bottom of the TDI.. You no that price always returns to it's previous levels.
If you entered when green crossed the red ... and stayed in until it crossed again ... I believe you would make more pips than you think is possible ...
--------------
https://www.forexfactory.com/showthr...45#post9710845
is this another Exit rule which is an exce[ption to the basic rule which says exit when the TDI goes flat, hook back, make a check-mark, ....

Notice the little word "why". He is challenging member's to test TDI to trade from cross over to cross over.

on the orher hand emmanule "practise what you preach"
https://www.forexfactory.com/showthr...19#post9711419
that is a trade taken on H4 so you manage that in H4
https://www.forexfactory.com/showthr...35#post9564235
here are trades which I follow the Day candle close and I take the trade any time during the H1.
no need to wait for H1 setup and TDI cross.
  • #78,210
  • Mar 28, 2017 3:53am Mar 28, 2017 3:53am
Folks,

Spend your time wisely.
Go back and read all the posts from June 2011 to Oct 2011. There were a few very experienced traders - dean, dcginc, Britpip7, Stevepatt, and few others.
Read what they shared for example - top down analysis, MTF, use of ATR, trading psychology, etc.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #78,211
  • Edited 4:12am Mar 28, 2017 4:00am | Edited 4:12am
Trade Made Simple is effective now as it was in BigE's time.
In post#285 BigE wrote: fine tune it to your understanding... don't add anything... don't complicate it.

Small candel's show that the buyer's and seller's have agreed on a temporally price range (consolidation). The strong angle (below 5) indicate that the seller's took control and forced the price down.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDmicroH1.png Size: 45 KB
  • #78,212
  • Mar 28, 2017 4:04am Mar 28, 2017 4:04am
Theres a sell setup on Aud/Usd 4 H. TMS gmt 9.00
Newbies be warned of emmanuel7788. Hes not true.
  • #78,213
  • Edited 5:10am Mar 28, 2017 4:17am | Edited 5:10am
Quoting Malony
Theres a sell setup on Aud/Usd 4 H. TMS gmt 9.00
Level 32 is very close. Look left and notice the support that stopped the big / long green candle. Not a good set up.
  • #78,214
  • Mar 28, 2017 4:28am Mar 28, 2017 4:28am
Quoting Tekkies
{quote} Level 32 is very close. Look left and notice the support that stopped the big / long green candle. No a good set up.

Mhh. Lets see, the last HA candle closed exactly on supportlevel. Anyway dont take my setupfindings for signals for live trading. Its just for demoing.
Newbies be warned of emmanuel7788. Hes not true.
  • #78,215
  • Mar 28, 2017 4:31am Mar 28, 2017 4:31am
Any suggestion, critism or advice most welcome

Took this trade on EUR/NZD on H4 timeframe

My reasons of taking the trade are

The price is above 10 EMA in H4 , D1 and W1 timeframe
Recent resistance levels in H4 has been already crossed
Now there is an empty space which was only crossed in October and November
In daily there in a nice bullish trend
The market does not look trending so have set the initial profit not more than 40% of weekly ATR
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot-teh3.jpg Size: 190 KB
  • #78,216
  • Mar 28, 2017 4:34am Mar 28, 2017 4:34am
Quoting Tekkies
Trade Made Simple is effective now as it was in BigE's time. In post#285 BigE wrote: fine tune it to your understanding... don't add anything... don't complicate it. Small candel's show that the buyer's and seller's have agreed on a temporally price range (consolidation). The strong angle (below 5) indicate that the seller's took control and forced the price down. {image}
Hi,
Agree with not complicating it but you still need to apply the basic Forex stuff (babypips). There is support just below your entry. RN (1.08500) and draw a line at that point and look back and you'll see that it also acted as resistance.
Resistance becoming support is very strong. For a good entry price needed to break and close below 1.08500 or bounce up and close strongly above the consolidation area. For price to break out of consolidation you need momentum (bigger candle than previous candles).
Stick at it but don't forget post #7662
Never argue with a fool; onlookers may not be able to tell the difference.
  • #78,217
  • Mar 28, 2017 4:40am Mar 28, 2017 4:40am
Quoting Malony
Theres a sell setup on Aud/Usd 4 H. TMS gmt 9.00
Hi Malony,
Almost the same answer I just gave Tekkies. Look at the Big Round Number (0.7600) that is acting as support and in the past as resistance. BRN's and RN's are respected by most pairs as areas of S/R as traders are lazy people
Never argue with a fool; onlookers may not be able to tell the difference.
  • #78,218
  • Mar 28, 2017 4:44am Mar 28, 2017 4:44am
Thanks Lookleft. The BRN i didnt take into account.
Newbies be warned of emmanuel7788. Hes not true.
  • #78,219
  • Mar 28, 2017 4:56am Mar 28, 2017 4:56am
AUDUSD Mar 28 early bird trade.
Early morning trade when Tokyo open, take a quick 20 pips as the price is near the BRN 0.7600 expect reaction and exit when the PA bounce and TDI M15 cross up manage by trade manager.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Week 13 Mar 28 early bird trade.png Size: 23 KB
.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #78,220
  • Mar 28, 2017 5:35am Mar 28, 2017 5:35am
Quoting emmanuel7788
{quote} Hi v2vboni, he did not trade the D1 chart although he recommended that those who have day jobs not to be afraid to trade the D1 chart. he did post a few training chart using D1 showing the same TDI cross for entry like this one link below. https://www.forexfactory.com/showthr...96#post4576096 he also mentioned doing some testing on D1 in July 2011 but he did not post an test results. His was last online in Dec 2011. Those of us trading the D1 charts are left to do our own back-testing and forward testing.
Thank you for the information as I need to do some back test with my newly modified TDI indicators.

warm regards,
v2v
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
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