Disliked{quote} Hello Emmanuel! I am trying to trade EOD TMS-5 Method. Took this trade before the Asian session start. I am still learning to train my eyes of the TDI angle. Took 115 pips on the setup. But risk is 200pips. Is ME/ME for advanced traders only? I want to learn more but I am only at the first step still, the TDI training. But everyday, it gets more exciting. {image}Ignored
To answer your question:
Is ME/ME for advanced traders only?
Answer: NO, it is not for advance traders. First you need know the basics of trading the forex market. You need to understand what money management is and how o make your money work for you. Once you understand the ME/ME concept, you need to work with it for at least 2 years practice in live market with an account size which you want to start live later. You will learn and experience how the ME/ME works and how it will grow your account. What you want is to trade the d1 chart TF and on End-Of-Day EOD basis. You only need to check your charts minimum once a day. Great for people with full time day jobs.
About the TDI, pay more attention to the price action of the real price ( use the Price Bar chart or the Japanese candlestick chart). Learn to read the price momentum and let the RSI confirm the price momentum. TDI is nothing but moving average of the RSI data. Fozzy RSI has been around much longer before the TDI was created and sold as a commercial product.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett