Disliked{quote} Hi TS! Congrats and nice trades! Just two questions: How do u draw trendlines (white horizontal), manually or using some indie, what is their significance in your trade? In which TF was your entry because in M15 the tdi green/red cross was not there, did you enter before the cross? Regards,Ignored
Disliked{quote} Nice trade TSS But I have a question. If I was taking the trade I would have waited for the break of the trend line 6 APB later. What did you spot that I'm missingIgnored
Disliked{quote} Maybe because of the TDI cross(green crossing red with a good angle) ?, and that was the third time price touched support.Ignored
To me trading is about waves cycles, each and every trend established runs 5 waves ups or down followed by correction wave, today after the trend established on EA it was the perfect match for elliot wave theory and up till now am writing this post EA hitting 1.4500 which might completed second 5 waves down shown on my second chart
At the time I took the trade it was still in wave 2 which was a leading triangle that consists of 5 waves as well (A-B-C-D-E) before the breakout happens , I took wave D inside that triangle and I was expecting a retracement to form wave E before the breakout occurs, so much details and so many views based on that
I hope I have not scared no one here as this is how I trade TMS and hope my answer shed some light or helps in any way , thanks for asking
I Have Learned to Take Some Losses to Make Profits