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  • #92,521
  • Nov 29, 2018 10:09am Nov 29, 2018 10:09am
Guide me please is this a good Entry????
Attached Image (click to enlarge)
Click to Enlarge Name: entry.png Size: 57 KB
Trading is about paying attention. Davit
  • #92,522
  • Nov 29, 2018 10:21am Nov 29, 2018 10:21am
Quoting Tekkies
{quote} Would help if you show where you have placed the trade. Drag from Acc history the order onto the main chart.

Tekkies- thanks for your reply.Please see charts above.

Regards,
Roni
  • #92,523
  • Edited 12:09pm Nov 29, 2018 11:02am | Edited 12:09pm
Quoting Roni26
So I've attached h4 time and the h1 cross where I entered making sure h4 angle was good. Thetrade spiked up 20-30pips took my stop out and now I entered again to see if it rides down,so it my pan out, Had I not put a stop loss of 25pips in I would be in profit now. Charts attached along with orders. {image} {image}
Is it one of those trades that just was meant to be a loss?
#786
My attitude is "I'm gonna win every trade I enter". I'm confident. Now and then I get my butt
kicked but so what... I learn from it and move on. I see it like stepping into a gopher hole... I didn't
see it... I get up and get going
------------
Easy in hindsight trading.
a Few pointer's that could helped you.
H1 chart:
How many bounce trade's do you count? (price want to go up > Bull is fight Bear)
Candles have long wicks on both side. (show that price can go any direction > show uncertainty by traders)
Candles with alternative colors (red /blue / blue /red / blue) always show no trend direction / consolidation / high volatility in both direction
Candles are also small in size. No movement in the market. (Again this might mean that traders is waiting for something to happen like "red news" or before London or New York is about to open. Market can move in any direction real fast.)
Was Stoch "really" pointing in the same direction as TDI green or did it look like almost down?
Entry was not taken at the beginning of new bar. Were the entry late by 10, 20 30 min or did price just "shot" down and you tried to catch a falling knife?
H4 chart
Remember that H4 is at anytime 3 / 2 / 1 hours behind H1 and a lot can happen in those houers. Only time they truly agree is when both are starting a new candle.
So if this question is relevant I don't know:
Why did you enter a trade when H4 candle is Blue? At least the H4 candle should start to show Red for the first hour. (First H1 candle would have been completed in red)
Edit: Why do you have 200 EMA(100 EMA?) on chart and don't use it? What happened to the rule: Buy above and sell below 200EMA
Attached Image (click to enlarge)
Click to Enlarge Name: wicks.PNG Size: 46 KB
  • #92,524
  • Nov 29, 2018 12:01pm Nov 29, 2018 12:01pm
Quoting asgharhussai
Guide me please is this a good Entry???? {image}
Good entry maybe.
It is placed above support zone (look left at 7 nov and 19 nov)
  • #92,525
  • Nov 29, 2018 1:32pm Nov 29, 2018 1:32pm
Quoting Tekkies
{quote} Is it one of those trades that just was meant to be a loss? #786 My attitude is "I'm gonna win every trade I enter". I'm confident. Now and then I get my butt kicked but so what... I learn from it and move on. I see it like stepping into a gopher hole... I didn't see it... I get up and get going ------------ Easy in hindsight trading. a Few pointer's that could helped you. H1 chart: How many bounce trade's do you count? (price want to go up > Bull is fight Bear) Candles have long wicks on both side. (show that price can go any direction...
Tekkies- Thank you for your prompt response.

The h4 candle was actually a large red one when I entered the trade, angle of tdi was at a perfect 5 o'clock (Short). I think the only thing that let me down was possibly the consolidation on the h1 as you pointed out. I didnt pay too much attention to it and paid the price I guess. Also the stoch wasnt down completely on the h1 chart.

However when a cross occurs or just before a cross occurs on the H4 and it has a good angle on the tdi, I will go down to the H1 chart to find a cross in the same direction and enter, as long as stoch confirms also, then whether H1 crosses back or not irrelevant as I set a trailing stop on the H4 for about 10pips. Working so far, youre thoughts would be welcomed and appreciated.

Kind regards,
Roni
  • #92,526
  • Nov 29, 2018 3:47pm Nov 29, 2018 3:47pm
Quoting Roni26
{quote} Tekkies- Thank you for your prompt response. The h4 candle was actually a large red one when I entered the trade, angle of tdi was at a perfect 5 o'clock (Short). I think the only thing that let me down was possibly the consolidation on the h1 as you pointed out. I didnt pay too much attention to it and paid the price I guess. Also the stoch wasnt down completely on the h1 chart. However when a cross occurs or just before a cross occurs on the H4 and it has a good angle on the tdi, I will go down to the H1 chart to find a cross in the same...
The angle on H1 is more important then the angle on H4. Actually try to take only trades were both TDI green is above / below 1 / 5 and both stoch is moving away from over sell/bought
----
Consolidation did not let you down. Price could have broken down in the direction of trade taken (this time it went against trade taken). Only safeguard against that is not to trade when market is in congestion (consolidation / sideway / ranging).
---
That is how I trade with M15/H1. Would prefer that M15 crossover in the last 15 min before the H1 would start a new bar. Try to catch the H1 crossover in the last few minutes of the H4, before it start a new bar.
--
Don't use a stop loss to stop a "wrong" trade. Close the trade before the stoploss get hit. Use a stop loss only when you can not be at the computer. Why use 10 pips stop los? BigE posted this:
Post#53
I hate S/l trading. The safest way is to place your S/L at the last high or low a couple of candles back... I've never had one taken out that way...
The meaning of "couple" is not clear. Use your own discretion.
  • #92,527
  • Nov 29, 2018 11:31pm Nov 29, 2018 11:31pm
Typical set up.
- M15/H1 both have crossed over
- M15 green angle well below 5. This might be an indication in which direction London session will push price
- H1 below 4
- Trade place above support. Support might be to strong and push price up again. Is relaying on the angle (moment) to push price down.
- D1 is going down
Attached Image (click to enlarge)
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  • #92,528
  • Nov 30, 2018 4:21pm Nov 30, 2018 4:21pm
Quoting asgharhussai
Guide me please is this a good Entry???? {image}
Attached Image (click to enlarge)
Click to Enlarge Name: asgarhussai AU H4 trade post.png Size: 265 KB


Hi asgharhussai

I see an Entry with two Exits ( SL and TP) but not a high probability trade.

The last HA candle show small body with long upper and lower wicks and your entry HA candle has not closed.
A good CONSERVATIVE entry under such conditions is to wait for the HA candle to close below the 5EMA Typical Price, Shift+3.

Note: If you want CONSISTENT results, it is very important that you use the original APB/HA candles and the 5EMA which are core components of TMS 5-Method.

Look at my multi-charts chart below

do you see support below PA?
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD H4 BPP 30-11-2018 03-43-21.png Size: 39 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #92,529
  • Nov 30, 2018 4:31pm Nov 30, 2018 4:31pm
Hi Folks,

Its that time of the year when many people start their year-end vacation and many will look into trading forums such as Forex Factory looking for trading systems.

For those who are new to this thread, I think it is good time for me to re-post this below:

----------------------------------------------------------------------------------------------------
New traders coming to this thread have three Options:

Option #1: Go to this post link, read and follow that post.The TMS history is all here.

https://www.forexfactory.com/showthr...2#post10965032

Option #2:
You don't have to read 4627 pages (92,528 posts)
Spend you time wisely and read all the OPs 463 posts in this thread.
or
these two pdf files compiled by older members here will suffice.
Go to this post link, download and read those two pdfs files.

https://www.forexfactory.com/showthr...31#post9656031

Option #3:
For those with some years of trading experience trading with indicators, this option may be better.

Click and read One, Two and Three

TMS being the 5-Method is a technical trading methodology therefore you need to add your own Money Management and make it your own system. Your trading psychology is another subject matter not talked about much.

Big E was a discretionary rule based trader.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #92,530
  • Nov 30, 2018 4:34pm Nov 30, 2018 4:34pm
Quoting Evgeniy42
Hello. I can not find the TDI indicator for mt5. Can anyone help?

Here are the MT5 versions:

Synergy_APB click download

Traders Dynamic Index click download
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #92,531
  • Nov 30, 2018 4:41pm Nov 30, 2018 4:41pm
Quoting asgharhussai
Can any one tells me witch are the best 10 currency pairs for trading with TMS my broker is OctaFx
Hi,

You need a lot of experience to trade many pairs. It all depends on you. When Big E started in 2008 to 2011, he only traded the common 8 pairs.

I have 19 currency pairs in my watchlist and I usually pick one pair from each of the 5 groups to trade. These should be enough to find good trades every week for 4H swing trading.

Note, I don't trade any CHF pairs.


Attached Image (click to enlarge)
Click to Enlarge Name: 5 groups 20 pairs.png Size: 133 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #92,532
  • Nov 30, 2018 4:50pm Nov 30, 2018 4:50pm
Quoting Roni26
So I've attached h4 time and the h1 cross where I entered making sure h4 angle was good. Thetrade spiked up 20-30pips took my stop out and now I entered again to see if it rides down,so it my pan out, Had I not put a stop loss of 25pips in I would be in profit now. Charts attached along with orders. {image} {image}
Attached Image (click to enlarge)
Click to Enlarge Name: Roni26 EURCAD H4 trade post.png Size: 140 KB


Hi Roni,

It is obvious on your chart that H4 was sideways after a bullish move and you traded against the D1. Note the TDI Green outside the VB. Big E removed the VB and he lose one of the important feature why the VB was created for the Synergy trading system.

Selling into a nearby support is risky un less we see resistance above being tested first. I prefer to see a test an re-test of a resistance before I take a counter trend trade.... keywork is 'toppisch' chart pattern.

See my multi chart below, do you see support at the time of your trade entry?

Note: I use the Synergy APB/HA which is different for the traditional HeikenAshi. My H4 HA was red but the HA body was small.

Attached Image (click to enlarge)
Click to Enlarge Name: Roni26 EURCAD post reply 30-11-2018 03-18-11.png Size: 42 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #92,533
  • Nov 30, 2018 5:38pm Nov 30, 2018 5:38pm
10% profit this week for me. Not to mention 5 weeks in a row with 10%+ profits every week. Times are good and I hope all is well for everyone else.
Make it as perfect as you can....
  • #92,534
  • Nov 30, 2018 7:13pm Nov 30, 2018 7:13pm
Quoting emmanuel7788
EURUSD Nov 15 H4 short term target... for Plan B {image} if that fails, then it is back to Plan A
hi, what is value of two MA in price chart.
  • #92,535
  • Dec 1, 2018 4:05am Dec 1, 2018 4:05am
Hi everyone

I read this thread from page one but i don't understand what is bounce trade how to find it and how to trade on it anybody plz guide me... Thanks in advance
  • #92,536
  • Dec 2, 2018 8:41am Dec 2, 2018 8:41am
Quoting moaaz.mirza
Hi everyone I read this thread from page one but i don't understand what is bounce trade how to find it and how to trade on it anybody plz guide me... Thanks in advance
#115......................
A bounce trade is when green gets close to red but bounces away and the original trade continues are good entries generally. (Blue dot's on chart's
Post 90,584
Attached Image (click to enlarge)
Click to Enlarge Name: bounce.PNG Size: 100 KB

Trade bounce like you would trade a TDI crossover. Remember to use Post#647 before placing a trade.
  • #92,537
  • Dec 2, 2018 9:26am Dec 2, 2018 9:26am
Quoting Tekkies
Typical set up. - M15/H1 both have crossed over - M15 green angle well below 5. This might be an indication in which direction London session will push price - H1 below 4 - Trade place above support. Support might be to strong and push price up again. Is relaying on the angle (moment) to push price down. - D1 is going down {image}
Follow up.
Closed trade:
- M15 green has gone flat.
- TDI green below 32 level
H1 yellow trend line would have given that trade additional profit before H1 green also went flat.
----------
Have a look at other chart's posted. Always the same rules, same setup. same methode
BigE: #119..........
You can't get different results if you keep doing the same thing over and over... just ain't gonna happen anytime soon...
Attached Image (click to enlarge)
Click to Enlarge Name: folloq.PNG Size: 58 KB
  • #92,538
  • Dec 2, 2018 9:23pm Dec 2, 2018 9:23pm
Quoting emmanuel7788
{quote} {image} Hi asgharhussai I see an Entry with two Exits ( SL and TP) but not a high probability trade. The last HA candle show small body with long upper and lower wicks and your entry HA candle has not closed. A good CONSERVATIVE entry under such conditions is to wait for the HA candle to close below the 5EMA Typical Price, Shift+3. Note: If you want CONSISTENT results, it is very important that you use the original APB/HA candles and the 5EMA which are core components of TMS 5-Method. Look at my multi-charts chart below do you see support...
Thank you emmanuel7788 where i can got original APB/HA candles i downloaded it from the #Post 1 as Big E says but those are with aeros what i have to do can you upload it again with template and all indicators i will be very thank full to you
Trading is about paying attention. Davit
  • #92,539
  • Dec 3, 2018 2:23pm Dec 3, 2018 2:23pm
Quoting Tekkies
{quote} Follow up. Closed trade: - M15 green has gone flat. - TDI green below 32 level H1 yellow trend line would have given that trade additional profit before H1 green also went flat. ---------- Have a look at other chart's posted. Always the same rules, same setup. same methode BigE: #119.......... You can't get different results if you keep doing the same thing over and over... just ain't gonna happen anytime soon... {image}

Hi Tekkies,

Do you use the m15 chart ir the h1 chart to exit trades. As I trade on the h4 to see the angle and then go back down to H1 to find the cross I tend to leave the trade on even if h1 crosses back over as long as h4 is still pointing in the direction of the trade.

Your opinion would be greatly appreciated.

Kind regards,
ROni
  • #92,540
  • Dec 3, 2018 5:05pm Dec 3, 2018 5:05pm
Quoting emmanuel7788
Big E was a discretionary rule based trader.
To me this sounds like Subjective Objective Trading
Videsha Mudal Welenda
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