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Monitor for 'Trading Made Simple' system 565 replies

Trading Made Simple the right way, and other trading lessons 334 replies

Indicators for the 'Trading Made Simple' system 343 replies

MTF Indicators for the 'Trading Made Simple' system 241 replies

Trading Made Simple system follower - Thanks to eelfranz 9 replies

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Trading Made Simple

  • #78,561
  • Apr 7, 2017 5:51am Apr 7, 2017 5:51am
Quoting Lookleft
{quote} Unless I'm missing something the chart you posted is GBPNZD with a trade on it and it is shown with all the other open trades at the bottom of the screenshot or is it something to do with the EA you are running.
Not using an EA Lookleft.
Feel kind of stupid now.
Does not change what is posted. Use the cross for a possible setup. Apply post#647 and be done with it.
What is not added is:
Exit trade when green goes flat, hook over, check mark.

Still have the problem that I do not follow the exit rule myself. Easy to tell other member's what to do and then you don't do it yourself. (Make's you sort of a two face trader)
  • #78,562
  • Apr 7, 2017 5:55am Apr 7, 2017 5:55am
Quoting marionetka
{quote}This is ME/ME or ME/SE.
Don't know marionetka. Did not bother to learn ME/ME or ME/SE for it is too complicated and is not TMS.
It is something I am trying to learn on my own and is part of fine tuning TMS the way how I would like to trade TMS.
  • #78,563
  • Apr 7, 2017 5:56am Apr 7, 2017 5:56am
Quoting Tekkies
{quote} Feel kind of stupid now. Does not change what is posted.
You are not right. It is very important....
There is no reason to trade if there is no reason to trade.
  • #78,564
  • Apr 7, 2017 6:05am Apr 7, 2017 6:05am
Quoting Tekkies
{quote} Don't know marionetka. Did not bother to learn ME/ME or ME/SE for it is too complicated and is not TMS. It is something I am trying to learn on my own and is part of fine tuning TMS the way how I would like to trade TMS.
I can not agree with you.

Cross TDI, Stoch, PA#1,2 are only method of entry/exit. System is set of rules for determing the volume of position, numbers of positions, time position, money managment and other. And this all does not contradict the method. It only creates a system.
There is no reason to trade if there is no reason to trade.
  • #78,565
  • Apr 7, 2017 6:05am Apr 7, 2017 6:05am
Quoting Tekkies
{quote} Not using an EA Lookleft. Feel kind of stupid now. Does not change what is posted. Use the cross for a possible setup. Apply post#647 and be done with it. What is not added is: Exit trade when green goes flat, hook over, check mark. Still have the problem that I do not follow the exit rule myself. Easy to tell other member's what to do and then you don't do it yourself. (Make's you sort of a two face trader)
There is an EA running on the GBPNZD chart called TMS PipsMaker and the list of open trades at the bottom of the screenshot show that the trade was opened yesterday.
Never argue with a fool; onlookers may not be able to tell the difference.
  • #78,566
  • Apr 7, 2017 6:11am Apr 7, 2017 6:11am
Quoting Tekkies
{quote} We are all here to learn: TRADING MADE SIMPLE by Eric Franz / eelfranz / Big E.
so u think that u know why people are reading this thread?!?! I dont think so.

I am reading this thread only to improve my trading. Same as BigE I do not want to fit myself into a system, I want to create a system that fits me and with which I feel comfortable.

So I have taken some things from TMS and other systems and combined it and I am still reading and learning in many different threads.

The thing that I appreciate most are people who work hard to take something to the next level. So I am glad about all discussions in this thread also about variations to the system or the indicators.
Achieving your goals is only a matter of mental strength
  • #78,567
  • Apr 7, 2017 6:17am Apr 7, 2017 6:17am
Quoting Tekkies
Trading Made Simple by BigE as laid out in post#1 with post#647 is a profitable method. Down load BigE full.pdf, TDI Cross.pdf. Study them, use the indicators specified, you can not go wrong. Yes you will have losing trade's. So what! Close the them. Learn from your mistake's. You do not need all the "extra" method's promoted by other member's. {image}
Hi Tekkies,

Re UJ SELL on 04.07 08:11 at 110.489 trades showing on your screenshot, sorry I can 't really see any TDI cross there, can you please explain?

thanks
  • #78,568
  • Edited 6:43am Apr 7, 2017 6:25am | Edited 6:43am
Quoting marionetka
{quote} Thanks your answers. But I don't understand why are you not trade gbpnzd?! Chart of gbpnzd. {image} {quote} This is ME/ME or ME/SE.
marionetka
Apologise for the mistake.
Will try and answer your originally post.
Attached Image (click to enlarge)
Click to Enlarge Name: XM MT4.png Size: 146 KB
  • #78,569
  • Apr 7, 2017 6:30am Apr 7, 2017 6:30am
Quoting Lookleft
{quote} There is an EA running on the GBPNZD chart called TMS PipsMaker and the list of open trades at the bottom of the screenshot show that the trade was opened yesterday.
To put your mind at ease Lookleft.
It is going to be an Expert Advicer one day. For now I am testing it. When I get a alert for a cross I still need to apply post#647

Here is the code for that ea
if(---------------- )// && GreenBar11 <= RedBar00)
{
OrderEntry(1);
}
//Open Buy Order without stoploss
//BuyTicket=OrderSend(NULL,OP_BUY,GetLots(),Ask,Slippage,0,0,"Buy Order",0,0,Green);
Alert(Symbol()," ",Period()," = Buy Hannes");
SellTicket = 0;
Attached Image
  • #78,570
  • Edited 7:31am Apr 7, 2017 6:46am | Edited 7:31am
Quoting anfei1972
{quote} Hi Tekkies, Re UJ SELL on 04.07 08:11 at 110.489 trades showing on your screenshot, sorry I can 't really see any TDI cross there, can you please explain? thanks
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYmicroH1.png Size: 67 KB

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYmicroH4.png Size: 45 KB

Still have a lot to learn. To many mistake's. Look at how many trade's closed while still in profit, see the trade's kept open when green goes flat. It is easy to place an order when TDI cross say so. What matter is what you do after the trade is placed. This chart show only that I am still learning to trade this method.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZDmicroH1.png Size: 76 KB
  • #78,571
  • Apr 7, 2017 6:50am Apr 7, 2017 6:50am
Quoting emmanuel7788
{quote} AUDJPY trades closed. no change in HA colour but hit my TPs. {image} After NFP today, I will look at trading this pair again next week Monday.
Nice trading, and as you already wrote in another post was the setup in the weekly also outside the PAC. A good note
  • #78,572
  • Apr 7, 2017 6:53am Apr 7, 2017 6:53am
Quoting Tekkies
{quote} To put your mind at ease Lookleft. It is going to be an Expert Advicer one day. For now I am testing it. When I get a alert for a cross I still need to apply post#647 Here is the code for that ea if(---------------- )// && GreenBar11 <= RedBar00) { OrderEntry(1); } //Open Buy Order without stoploss //BuyTicket=OrderSend(NULL,OP_BUY,GetLots(),Ask,Slippage,0,0,"Buy Order",0,0,Green); Alert(Symbol()," ",Period()," = Buy Hannes"); SellTicket = 0; {image}
My mind is perfectly at ease. If you want to use an EA that's fine by me.
However, when you say you are not using an EA yet it is blatantly obvious you are and you say that you did not trade a pair this week but the screenshot clearly shows the trade for that pair opened yesterday and still running I get very suspicious about misinformation being given.
Never argue with a fool; onlookers may not be able to tell the difference.
  • #78,573
  • Edited 7:08am Apr 7, 2017 6:57am | Edited 7:08am
Quoting DowHow1807
{quote} so u think that u know why people are reading this thread?!?! I dont think so. I am reading this thread only to improve my trading. Same as BigE I do not want to fit myself into a system, I want to create a system that fits me and with which I feel comfortable. So I have taken some things from TMS and other systems and combined it and I am still reading and learning in many different threads. The thing that I appreciate most are people who work hard to take something to the next level. So I am glad about all discussions in this thread also...
You have a valid fair view however if you go into a figure drawing class and expect to learn how to draw apples then you are missing the point of the class and wasting time.
If everyone improvises whatever they like then what you get is confused pile of shit which does not help anyone.
It has been said in ART and true in trading 1st you learn to master a rule before you can break it.Tekkies tries to refocus this thread on Big E method which overtime has become tangled on methods and ideas not shared by the OP!
If Emmanuel or anyone else feels passionate about their ideas why not start your thread like I did?instead of molesting existing system.It is easy to do and only thing worth doing if the person has any sense of integrity or honesty.Hiding behind TMS and impressing unsuspected sure strokes the ego but bigger picture is what this thread is about and that's clear on 1st page!.
cheers
In trading, you have to be defensive and aggressive at the same time
  • #78,574
  • Apr 7, 2017 7:07am Apr 7, 2017 7:07am
Quoting Lookleft
{quote} My mind is perfectly at ease. If you want to use an EA that's fine by me. However, when you say you are not using an EA yet it is blatantly obvious you are and you say that you did not trade a pair this week but the screenshot clearly shows the trade for that pair opened yesterday and still running I get very suspicious about misinformation being given.
Not every expert adviser place an order. Some are also used to provide information only.
It is what you do with that information that matter's.
Just like the TDI cross indicate that a possible trade opportunity exist on a certain chart does not mean that a trade must be placed.
  • #78,575
  • Edited 7:39am Apr 7, 2017 7:12am | Edited 7:39am
Quoting DowHow1807
{quote}Same as BigE I do not want to fit myself into a system,
Care to explain that phase DowHow.
Are you a little bit confused as to whom created this thread / method / system?
Nothing wrong to fine tune a system or add to it to fit your trading personality.
The end of the day Price Action will judge the method by adding to or taking from the account.
  • #78,576
  • Apr 7, 2017 7:24am Apr 7, 2017 7:24am
the fun starts in less than 5 minutes...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #78,577
  • Apr 7, 2017 8:05am Apr 7, 2017 8:05am
Quoting emmanuel7788
the fun starts in less than 5 minutes...
fun indeed.. breakout compression on usdjpy now back up for the greedy monkeys
It's in fear when people show what they truly value.
  • #78,578
  • Apr 7, 2017 9:36am Apr 7, 2017 9:36am
Good weekend all. Good study...you may benefit.

Inserted Video


Inserted Video


Inserted Video



He shares an objective way to improve, reviewing trades. .. good ideas..etc.. professional trader.. Tom Dante
It's in fear when people show what they truly value.
  • #78,579
  • Edited 3:18pm Apr 7, 2017 2:20pm | Edited 3:18pm
Quoting marionetka
{quote} I can not agree with you. Cross TDI, Stoch, PA#1,2 are only method of entry/exit. System is set of rules for determing the volume of position, numbers of positions, time position, money managment and other. And this all does not contradict the method. It only creates a system.
You asked if it is ME/ME or ME/SE
https://www.forexfactory.com/showthr...45#post9745345

Quoting Tekkies


{quote} -- On H4 the cross / setup is valid then use M15 / M30 to place more trade's in that direction.



This is ME/ME or ME/SE.

So why do you explain the difference between system / method. I still do not know if it is ME/ME, ME/SE.

This is how I am trying to learning to add more trade's on H1 H4, D1.
Have yet to try and trade like this. Count how many bar's are in a down trend or uptrend. Angel of green extremely import.
Attachment g
Attached Image (click to enlarge)
Click to Enlarge Name: XM MT4.png Size: 135 KB

This is one where I got the entry's right. Like a newbie trader sell on a up trend. Pure luck that it did work out by change. It can be done.
Edit: M1 chart.
Attached Image (click to enlarge)
Click to Enlarge Name: XM MT4 (1).png Size: 115 KB
  • #78,580
  • Apr 7, 2017 7:07pm Apr 7, 2017 7:07pm
Quoting marionetka
{quote} I can not agree with you. Cross TDI, Stoch, PA#1,2 are only method of entry/exit. System is set of rules for determing the volume of position, numbers of positions, time position, money managment and other. And this all does not contradict the method. It only creates a system.
Traders are confused with what TMS is and what Multiple Entries Multple Exits ME/ME is.
TMS is the 5-Method
ME/ME is a Money management strategy.

New traders coming to this thread have three Options:

Option #1: Go to this post link, read and follow that post.

https://www.forexfactory.com/showthr...80#post9661780

Option #2: Go to this post link, download and read those two pdfs files.

https://www.forexfactory.com/showthr...31#post9656031

Option #3: Click and read One, Two and Three

TMS being the 5-Method is a technical trading methdology therefore it is not a system.

What is a trading system?

Attached Image (click to enlarge)
Click to Enlarge Name: Components of a Winning System.png Size: 93 KB


You are the trader, if following the Options and if you have traded the 5-Method for say 3 to 5 years, and have not work for you, what shall you do?
Then you need to ask yourself what type of trader you are or what is the trading style you want to adopt.
Post#72,156
You have other two options how you want to use the Trader Dynamic Index aka TDI.
Entry conditions

Scalping - Big E's choice
Long = Green over Red,
Short = Red over Green

Active
Long = Green over Red & Yellow lines
Short = Red over Green & Yellow lines

Moderate This can be your choice, it is 'safer' and most profitable
Long = Green over Red, Yellow, & 50 lines
Short= Red over Green, Green below Yellow & 50 line
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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