Dislikedhi Guys, after reading many posts by senior traders on TMS I entered in to this trade. can you please help me, did I entered on correct time or is too late. sorry for my language, English is not my first language. {image}Ignored
If you are trading strictly TMS, then your entry is against the rules as entry was not on candle 1 or 2. This trade can still be profitable, but if you want to trade a rules based method like TMS then this entry would be considered late.
Personally, for h4 setups, i have an alarm that signals 15 minutes before h4 candles will close on my broker. I use these 15 minutes to scan the various pairs i trade and look for a valid setup. It helps to have a systematic approach for viewing charts at set times, and it can prevent over-trading or chasing price.
Best,
N