Dislikedpoudos i mark S&R and i do use them for exits but only if price pauses around them i don't use TP i let the candles tell me when to close.
Regarding entries i only look left and note if price is sitting at a previous level of interest and if so i might wait for price to break it, but apart from that i like to enter well away from S&R and let price run towards a level.
Hope this makes sense (it's been a long day)Ignored
but a thing I noticed, after having reading all posts of TMS file, is that nobody gave a strong Backtest. I mean by that a whole trades list with entry, SL, TP, position sizing, R:R, probability rates and so on.
Everybody tells that if you follow TDI strategy rules you will find profitability. Ok! it is mentionned that you have to work and find your way but without factual datas we stay in a "Empiric philosophy".
Please excuse my limited english abilities to explain my point of view.
If I am here it's due to the fact that after only 6 days of TDI strategy discovery I think that the potential is great.
But I really would appreciate if some TDI veteran could provide some factual datas to say: "this system can work if you strictly use these EXIT rules (for entries it's clear)."
Anyway I will do this backtest by myself ;-)