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Trading Made Simple system follower - Thanks to eelfranz 9 replies

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Trading Made Simple

  • #78,321
  • Mar 31, 2017 1:48pm Mar 31, 2017 1:48pm
Quoting Deichkind
Smart cut loss has taken out my EURGBP trade, but thats to protect our account {image}
I am not sure why you were buying with me/me in mind. The monthly had a large pin bar and then a bearish engulfing candle which had not been taken out - prior PA counts until it has been invalidated. Each subsequent month whenever price tried to go higher it was beaten back with large wicks - and the TDI was flat. Weekly PA - a dark cloud cover candle followed by a doji and tdi was down. Only the daily looked like it might go up as it had closed above the MA and the tdi had crossed up. That is good for a single entry but for me/me you would need to see reasons on the higher timeframes.
Success means going from failure to failure without loss of enthusiasm
  • #78,322
  • Mar 31, 2017 1:55pm Mar 31, 2017 1:55pm
hello lisat... I like your quote by Lk.... "Be selective on your choices and stay focused"
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #78,323
  • Mar 31, 2017 2:09pm Mar 31, 2017 2:09pm
Quoting Sesamstrasse
{quote} Hello Lisat. Really with all neccesary respect .. like him or don t , thats up to you ... and youll have your reasons for it .. .......but as long as your posts here have the same quality as chickennoise, as long you re very welcome to my ignore list . Don t get me wrong, I read about 20 of your postings and NONE , yes really NONE was any kind of positive contribution .. KEEP YOUR NEGATIVITY AND DONT SHARE IT WITH US . You have the chance to PM and let us keep our peace and quiet. Thanks for your attention @ all Dankeschn ! Sry......
All those negative post's would have been avoided did member's adhere to BigE's post's not to add to or change the method. How many chart's are posted now that have only HA, 5EMA, TDI, Stoch on. How many post's are posted about TMS /TDI and how many are about how "I" did that or this. Compare post's and chart's against BigE's post's and chart.
  • #78,324
  • Mar 31, 2017 2:17pm Mar 31, 2017 2:17pm
Quoting eelfranz
Hey Everybody..... been missin' you.

I've been off the computer for about a week because of family visiting from out of town.

dcginc - Good comments.

You have to adapt this method to your trading personality. If you change it a little and your succesful... go for it.

[FONT=comic...
I think these two posts, post #10,728 (by dcginc) and post #10,732 (by BigE) should be an eye opener for
-Those forum memebers who do not want change themselves.
-Those forum members who just post here for the sake of criticism and creating negativity, instead of any positive contribution.

It depends how one reads and how one understand and perceive BigE old posts.
  • #78,325
  • Mar 31, 2017 2:29pm Mar 31, 2017 2:29pm
Quoting mazibee
{quote} I think these two posts, post #10,728 (by dcginc) and post #10,732 (by BigE) should be an eye opener for -Those forum memebers who do not want change themselves. -Those forum members who just post here for the sake of criticism and creating negativity, instead of any positive contribution. It depends how one reads and how one understand and perceive BigE old posts.
...a TMS Bible <<< something to that effect wherein people continuously argue about their own interpretation of verses --Big E's words of wisdom, and his TMS method
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #78,326
  • Mar 31, 2017 2:41pm Mar 31, 2017 2:41pm
Question guys... Did I violate Big E's rules on the following chart?

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Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #78,327
  • Edited 2:58pm Mar 31, 2017 2:41pm | Edited 2:58pm
Quoting mazibee
{quote} I think these two posts, post #10,728 (by dcginc) and post #10,732 (by BigE) should be an eye opener for -Those forum memebers who do not want change themselves. -Those forum members who just but have not delved into it so as not to distract or take away from this great threadpost here for the sake of criticism and creating negativity, instead of any positive contribution. It depends how one reads and how one understand and perceive BigE old posts.
Did you miss this part in the first sentence?
"but have not delved into it so as not to distract or take away from this great thread"
or understand the meaning of: "Good comments."
Read these post's mazibee. Why did you only pick that post and left these one's out?
https://www.forexfactory.com/showthr...88#post4766188
https://www.forexfactory.com/showthr...58#post4617658
https://www.forexfactory.com/showthr...86#post4590686
https://www.forexfactory.com/showthr...74#post4579774
https://www.forexfactory.com/showthr...29#post4579729
https://www.forexfactory.com/showthr...18#post4576118 "don't add anything... don't complicate it"
After you have read them, think about who should change in what they post here in Trading Made Simple.
  • #78,328
  • Mar 31, 2017 2:46pm Mar 31, 2017 2:46pm
... or maybe this one is the most acceptable

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Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #78,329
  • Mar 31, 2017 2:50pm Mar 31, 2017 2:50pm
Quoting mazibee
{quote} I think these two posts, post #10,728 (by dcginc) and post #10,732 (by BigE) should be an eye opener for -Those forum memebers who do not want change themselves. -Those forum members who just post here for the sake of criticism and creating negativity, instead of any positive contribution. It depends how one reads and how one understand and perceive BigE old posts.
I do not think most people get the point of the posts. It is NOT about changing things or little tweaks to suit themselves which everyone does and good luck to them. It is the constant posting of reasons people should not even be looking at the tdi because

"it is useless on the higher timeframes" - it is perfectly fine on the higher timeframes
"this is not a system" - yes it is and it is in the trading systems forum for that very reason
"this is trend trading" - it never was trend trading eelfranz used it as scalping on the h4.

So if I go into another systems thread right now and start telling everyone how useless it is and that you should not even be bothered with the indicators on it because they are no use, do you think I will be welcomed with open arms? or will I be told to leave and create my own? I think the latter. I am not full of negativity - Emmanuel is full of negativity with his posts made about this system in general, eelfranz's money management and the list goes on. That is what makes people angry not "changes".

The fact that the original poster has passed on is not an excuse to piggy back off of a thread for their own agenda. Emmanuel needs to open his own thread like he has threatened to do on numerous occasions because until he does he will not be taken seriously by a lot of people on FF. He has a lot of subscribers but gained a lot when he promised to send them scripts etc if they subscribed to him. Wake up - someone needs to tell Emmanuel to stop being so negative about this system or get off the thread altogether and create his own.
Success means going from failure to failure without loss of enthusiasm
  • #78,330
  • Mar 31, 2017 3:03pm Mar 31, 2017 3:03pm
Guys, you don't need to wait for Emmanuel to create a new thread... start making your own using TMS strictly by Big E only.... nothing more nothing less. At least you can control everything there. You will get a lot of members to jump in if they truly adhere to Big E's method. I believe it will generate more subscribers... All information or important points about TMS method are well documented by simply looking at the paper clip of this thread, you can simply have it and post it on the very first page at your newly created TMS FF thread by Big E.
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #78,331
  • Mar 31, 2017 3:07pm Mar 31, 2017 3:07pm
Quoting v2vboni
Guys, you don't need to wait for Emmanuel to create a new thread... start making your own using TMS strictly by Big E only.... nothing more nothing less. At least you can control everything there. You will get a lot of members to jump in if they truly adhere to Big E's method. I believe it will generate more subscribers... All information or important points about TMS method are well documented by simply looking at the paper clip of this thread, you can simply have it and post it on the very first page at your newly created TMS FF thread by Big...
Big E already has a thread - this one!
Success means going from failure to failure without loss of enthusiasm
  • #78,332
  • Mar 31, 2017 3:13pm Mar 31, 2017 3:13pm
Quoting v2vboni
Question guys... Did I violate Big E's rules on the following chart? {image}
I would say Yes.
On your computer at home - No problem. That is how you have made TMS work for you.
Posting that chart that you understand is not that understandably for a "new" member to TMS.
He / She is going to ask you why are you using:........... and BigE said this or that.
-blue band's
-news indicator
-extras level's in stoch
-eye catching TDI Trend strength
-extra level's in TDI
-20EMA
-50EMA
-round number's
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  • #78,333
  • Mar 31, 2017 3:21pm Mar 31, 2017 3:21pm
Quoting lisat
{quote}Big E already has a thread - this one!
lisat some advice
BigE said to place a trade at the beginning of that bar.
No matter what I do, always end up in the middle of the bar. H1, H4, D1 bar's have / is always entered halfway. Look at the chart in post#78332
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  • #78,334
  • Edited 3:34pm Mar 31, 2017 3:24pm | Edited 3:34pm
Quoting Tekkies
{quote} Did you miss this part in the first sentence? "but have not delved into it so as not to distract or take away from this great thread" or understand the meaning of: "Good comments." Read these post's mazibee. Why did you only pick that post and left these one's out? https://www.forexfactory.com/showthr...88#post4766188 https://www.forexfactory.com/showthr...58#post4617658 https://www.forexfactory.com/showthr...86#post4590686 https://www.forexfactory.com/showthr...74#post4579774...
Hi Tekkies,
First of all no offense to you.

Thanks for pointing to me these BigE posts, I dont want an argument with you or any other member on this forum, also I dont want to repost all the BigE posts as If some one want to search BigE they can do using the serach function in the thread

Just look at the date of the posts you have posted.

Jul 10, 2011 8:14pm
May 14, 2011 4:20am
May 4, 2011 4:38am
Apr 29, 2011 12:21am
Apr 28, 2011 11:38pm

BigE last posted on Oct 24, 2011 7:26pm and was last online on Nov 30, 2011
Aug 29, 2011 is the date of the BigE post, I am referring to.
This clearly indicates that with the passage of time BigE has started to become flexible in his rules and that was reason he commented on dcginc post, conveyed message to every one if they want to adapt the system and it works for them they should go for it.

BigE said that he will do a backtest on D1 charts but unfortunately was unable to post the result, he passed away, otherwise he must have posted the result in this same thread.

Its mindset /mental fitness game , that contibutes about 60% in winning trading system. Some people change and some do not even with the passage of time as they do not accept change.

Very good book not TMS related on change
Quote
Fish! Sticks: A Remarkable Way to Adapt to Changing Times and Keep Your Work Fresh

I will not post on this hot topic again as I dont this thread to be a battle ground, I am a newbie and want to learn.

Everyone enjoy the weekend and be ready for the next week.
  • #78,335
  • Mar 31, 2017 3:35pm Mar 31, 2017 3:35pm
Quoting Tekkies
{quote} lisat some advice BigE said to place a trade at the beginning of that bar. No matter what I do, always end up in the middle of the bar. H1, H4, D1 bar's have / is always entered halfway. Look at the chart in post#78332 {image}
When you have heiken ashi on your chart it will always look like it is in the middle because of the way they are drawn. If you look at the actual candlesticks you will see you went in at the beginning of that candle.

As long as your price matches roughly the open price of the candle that is all you need to worry about, if you learn about heiken ashi candles you read them differently to the japanese candlesticks. A strong block of colour at the top (as in the eur/gbp chart) shows a strong bearish candle and block of colour at the bottom shows strong bullish. They are very good for those who are not so good at reading price action.
Success means going from failure to failure without loss of enthusiasm
  • #78,336
  • Edited 4:13pm Mar 31, 2017 3:37pm | Edited 4:13pm
Quoting lisat
{quote}Big E already has a thread - this one!
Yes, but who is the admin now? You won't be able to control this thread without the thread owner. Be realistic, you will keep wasting your time arguing about this and that... with new, old or upcoming members in the future.

If you are really serious about protecting Big E's legacy here, try to communicate with FF Administrator and ask them to let you become the thread owner. I really want someone from you guys that are using Big E's TMS method very strictly to be able to control this thread. And I hope, one of you will be really serious just like Big E wherein it keeps educating noobs on how to use his TMS Method... BUT don't just simply re-posting Big E's chart or quoting him or use his words of wisdom... post your live trading chart and then put some description on how you come up to an informed decision with Big E's TMS Method only ---If you do these kind of things consistently like Big E... then that would be great, as you don't need to ask FF Admin to make you as an Admin or owner of this thread, as you will be like unofficial Admin or sudo Admin due to a respect you will get from members of this thread.

Anyway, I am not taking sides here, but if you would post consistently and help noobs just like what Emmanuel are doing consistently regardless if the method is like TMS method but slightly different or TMS with ME/ME or whatever... or totally different from Big E's approach or strategy (in our eyes or by your own personal opinion)... then you will be able to overwhelm this thread with Big E's TMS method and others will follow... This is the only way you can become a legacy protector of Big E's TMS Method or earned the right to be the one...

If you cannot do these things... just stop arguing and DON'T act like a legacy protector of Big E... just move on and keep posting your chart are more than enough to contribute to make this thread alive using strictly Big E's TMS method only. In that way, me and others who are not yet able to master Big E's method will start learning from you guys.
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #78,337
  • Mar 31, 2017 3:49pm Mar 31, 2017 3:49pm
Attached Image
It's in fear when people show what they truly value.
  • #78,338
  • Mar 31, 2017 4:08pm Mar 31, 2017 4:08pm
Quoting mazibee
{quote} Hi Tekkies, First of all no offense to you. Thanks for pointing to me these BigE posts, I dont want an argument with you or any other member on this forum, also I dont want to repost all the BigE posts as If some one want to search BigE they can do using the serach function in the thread Just look at the date of the posts you have posted. Jul 10, 2011 8:14pm May 14, 2011 4:20am May 4, 2011 4:38am Apr 29, 2011 12:21am Apr 28, 2011 11:38pm BigE last posted on Oct 24, 2011 7:26pm and was last online on Nov 30, 2011 Aug 29, 2011 is the date...
Can't lay claim's to the title of newbie. I still do the mistake's of a newbie, that is way like you, on this thread to learn the finer point's of what BigE did not post or could expand on. Have fine tuned TMS to how I understand it. Removed 5EMA, Stoch. Tried Candle bar and is back with HA. Did I post those change's in TMS no. After lisat show a candle chart I posted i removed it as not to confuse member's.
BigE left a void, I know TMS, understand TMS, trade TMS, it is those small point's that I seek. How to enter at the beginning of a bar. How to "out smart" green flat and stay in the trade a few bar's longer. Are the rules the same on D1 as for H1, H4. It is not nice to see H1 and H4 change direction and make a D1 profit trade in to a losing trade and go back into profit. What else did BigE do when he "glanced" at the chart's?

#261 - The TDI is the heart of our method. It tells you when to enter and where to exit any trades. I apply this to all my trade's with #647.

That is all there is to TMS..
(All the other indicator's and method's don't belong in TMS.)
  • #78,339
  • Mar 31, 2017 6:34pm Mar 31, 2017 6:34pm
Quoting v2vboni
... or maybe this one is the most acceptable {image}
v2vboni,

Did you go short or long? If you went long, I still think it's ok but here's my feedback:

1. General trend is down.
2. TDI/RSI is under the 50% level so bearish sentiment is still there.
3. You did not confirm with a bullish HA barwhich is generally a requirement for TMS method.
4. With that big sell-off and way price is moving previously, it looks to be a possible bearish flag continuation pattern; it will be a slow and choppy move up to the 1.07250 handle I reckon. You'll want to keep watch of the structure and TDI direction when stochastics reach near overbought levels.
5. If the consolidation is slow enough, I think a breakout of the flag downwards will be your signal for a continuation move down. So a safer bet would be to sit back and position yourself for a possible opportunity to short.

Cheers.
  • #78,340
  • Mar 31, 2017 7:33pm Mar 31, 2017 7:33pm
Quoting whitewid0w
{quote} v2vboni, Did you go short or long? If you went long, I still think it's ok but here's my feedback: 1. General trend is down. 2. TDI/RSI is under the 50% level so bearish sentiment is still there. 3. You did not confirm with a bullish HA barwhich is generally a requirement for TMS method. 4. With that big sell-off and way price is moving previously, it looks to be a possible bearish flag continuation pattern; it will be a slow and choppy move up to the 1.07250 handle I reckon. You'll want to keep watch of the structure and TDI direction when...
hello whitewidow,

It is short on EURUSD...

I cannot post anymore, my chart here in respect to Big E's thread or his TMS method and in order for me not to get a fanatic-like reply ; )-

Anyway, I admit, I am not successful alone with TMS Method... but on this trade (and all other trades before), I always use TMS Method as I understand it, then it includes Basic TDI trading rules by Dean Malone, and other confluence(s) from my own arsenal tool(s) or TA that helps me to come up with an informed decision.

By the way, I really appreciate your reply here... and I noticed that you rarely posted here ; )-

...I will PM my actual chart instead.

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