Disliked{quote}I will try it, sorry for type mistakes: Price ActionTrendMomentumMultitimeframeSupport / ResistanceVolatilityMarket StrengthContinuationRangeTimingIgnored
Fame, You bet me to it
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Disliked{quote}I will try it, sorry for type mistakes: Price ActionTrendMomentumMultitimeframeSupport / ResistanceVolatilityMarket StrengthContinuationRangeTimingIgnored
DislikedHi all,today I wanted to learn from my mistakes from yesterday.My lessons from yesterday Apart from the rule "green crosses red" I didnt follow any rule... for the rest I just acted by feeling Its not intuitiv to write all the notes into the MT4 charts. I definitly need to do more homeworks.What I have done today: I invested in a Din-A3 printer I went through the thread and collected rules I should follow by using TMS (see attachement) I did my second homework: EUR/USD from 1st of Jan to 8th of March 2013 (4h) Method: using F12 on MT4...Ignored
DislikedDifference between trading H1 and 4H using TMS: TMS 4H > TDI is King TMS H1 > PA is King Hint:When you use PA and see a H1 setup for entry, that H1 setup is actually happen during a H4 APB/HA candle#1.This is the best type of setup both in H1 and 4H. Why is this so?Ignored
DislikedDifference between trading H1 and 4H using TMS: TMS 4H > TDI is King TMS H1 > PA is King Hint:When you use PA and see a H1 setup for entry, that H1 setup is actually happen during a H4 APB/HA candle#1.This is the best type of setup both in H1 and 4H. Why is this so?Ignored
DislikedDifference between trading H1 and 4H using TMS: TMS 4H > TDI is King TMS H1 > PA is King Hint:When you use PA and see a H1 setup for entry, that H1 setup is actually happen during a H4 APB/HA candle#1.This is the best type of setup both in H1 and 4H. Why is this so?Ignored
DislikedToday I thought trading was a bit slack so I reverted to my 1hour time frame TMS version for some more testing and I have to say I am NOT getting very good results from it. I have a good H1 method based on the TMS but not using HA - so not eligible for this thread.I'm just curious if anyone here does trade any lower time frames successfully with TMS - if so, do you have any minor tweaks or a different approach you've found helpful?I know it's mentioned numerous times in the thread that it can be applied to shorter time frames, my experience so far...Ignored
Disliked{quote} EJ H1 trade taken following a double bottom@ the H4 low followed by a break of Friday's London session high......an easy 50 pips and if I was monitoring, who know how many pips could be gathered. 50 pip TP taken at the 200 EMA. Trade was based on price action with TDI green and red both breaking above the 50 line. {image}Ignored
Disliked{quote} Entering with PA on the 1 hr chart is the way to enter sooner for the 4 hr strategy .I am new to trading and still on demo I have discipline issues and have been trigger happy and making a minimum of 2 % a day yet it feels so much like gambling .ArtfulDodger posted a link to Rob Bookers book and it really drove home the importance of trading with a plan and the joy of analysing the trade having everything its right place.This is what obviously I need to do. Emmanuel the ATR levels that you have been working with recently how do you go about...Ignored
Dislikedmissed eur.jpy breakout today. Waiting for potential set up. Double/triple top forming. Pullback candle possible tonight 68 overbought as wellIgnored
Disliked{quote} Don't bet on Yen strengthening any time soon.Just trade what we see on our charts and do your prep work and have those historical support and resistance on your charts and look for CONFLUENCE.Ignored
Dislikedany advice appreciated *price was also near 200 ema. Should have waited for it to drop belowback to midterm studying {image}Ignored
Disliked{quote} what is the signifance of 200EMA on H1 chart timeframe? how many H1 price bars /candles are there in one week, one month?Ignored
Disliked{quote} hello emmanuel. where on baby pips can i learn more about confluence?Ignored