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  • #100,421
  • Feb 18, 2020 6:49am Feb 18, 2020 6:49am
GBP pairs got many traders caught today ... selling GBP.

TMS 5-Method ... PA is HA candles and PA above 5EMA is look for buy only and PA below 5EMA look for sell only.

trading is visual ... PA is visual ... trade what we see... follow PA.

when PA is flat HA candles are small and 5EMA is flat .. stay away.

Attached Image (click to enlarge)
Click to Enlarge Name: GBP pairs Feb 18 Daily pre-NYO 18-2-2020 8-45-48 pm.png Size: 96 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #100,422
  • Feb 18, 2020 9:03am Feb 18, 2020 9:03am
Quoting emmanuel7788
GBP pairs got many traders caught today ... selling GBP. TMS 5-Method ... PA is HA candles and PA above 5EMA is look for buy only and PA below 5EMA look for sell only. trading is visual ... PA is visual ... trade what we see... follow PA. when PA is flat HA candles are small and 5EMA is flat .. stay away. {image}
Yes, you can scalp with TMS...
Quoting emmanuel7788
trade what we see..
Successful selling of GBPUSD today.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 43 KB
To free Gazans of Hamas, use whatever it takes.
  • #100,423
  • Feb 19, 2020 12:36pm Feb 19, 2020 12:36pm
USDJPY Nice MC breakout move UJ +150 pips in one candle

EURUSD taking its pause @1.0800

GBPUSD ... neutral until now

USDCAD, USDCHF and USDSEK behaving well ...

Attached Image (click to enlarge)
Click to Enlarge Name: USD index pairs 20-2-2020 2-29-44 am.png Size: 100 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #100,424
  • Feb 19, 2020 12:43pm Feb 19, 2020 12:43pm
Quoting emmanuel7788
{quote} {image} New York Sunday Open and price GAP down .... compare the Stoch and TDI .... do not predict that USDSGD will fall like a brick... who has deep pockets to buy SingDollars? Trade what we see i.e. the price action is No.1 Importance. No. 2 ??? {image}

USDSGD make new 2020 high!

and the Stoch and TDI still working hard to catch up with the Price move.

Attached Image (click to enlarge)
Click to Enlarge Name: USDSGD Feb 19 FOMC 20-2-2020 2-39-16 am.png Size: 49 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #100,425
  • Feb 19, 2020 12:55pm Feb 19, 2020 12:55pm
SingDollar next target 1.4025 ....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #100,426
  • Feb 19, 2020 5:28pm Feb 19, 2020 5:28pm
EURUSD Week 08 Feb 20 Daily

the moment some have been waiting for .... wanting to trade a possible correction

use %Risk and do your Position Size.

when you risk say 2% you can only lose 2% no matter how big your initial stop loss in pips is.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Feb 20 Daily buy Low 20-2-2020 7-24-14 am.png Size: 32 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #100,427
  • Feb 20, 2020 2:04am Feb 20, 2020 2:04am
Quoting DrDave
Yes, you can scalp with TMS...
Quoting emmanuel7788
trading is visual ... trade what we see...
Successful selling of GBPUSD today.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 38 KB
To free Gazans of Hamas, use whatever it takes.
  • #100,428
  • Feb 20, 2020 2:50am Feb 20, 2020 2:50am
Quoting DrDave
Yes, you can scalp with TMS...
Quoting emmanuel7788
trading is visual... trade what we see...
Successful selling of GBPUSD today.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 44 KB
To free Gazans of Hamas, use whatever it takes.
  • #100,429
  • Feb 20, 2020 4:52am Feb 20, 2020 4:52am
Quoting DrDave
Yes, you can scalp with TMS...
Quoting emmanuel7788
trading is visual... trade what we see...
Successful selling of GBPUSD today.
Attached Image
To free Gazans of Hamas, use whatever it takes.
  • #100,430
  • Feb 20, 2020 6:37am Feb 20, 2020 6:37am
Quoting DrDave
{quote} {quote} Successful selling of GBPUSD today. {image}
10 pips a day.
------
Try to entered when TDI green crossed red that would have been 44 pips
  • #100,431
  • Feb 20, 2020 7:15am Feb 20, 2020 7:15am
Quoting Tekkies
{quote} 10 pips a day. ------ Try to entered when TDI green crossed red that would have been 44 pips
1. I am looking for the equivalent of 10 pips per trade now, not just per day. I targeted only 5 pips with 2 lots rather than 10 pips with 1 lot on those scalps because price was around that 1.2900 level and really not committed on higher time frames, and we know that on this pair, ANYTHING can happen at those big round numbers.

2. I am not glued to the screen. So when I sit down and see green x red is past, I look for some other entry mechanisms.
To free Gazans of Hamas, use whatever it takes.
  • #100,432
  • Feb 20, 2020 10:50am Feb 20, 2020 10:50am
Quoting DrDave
{quote} 1. I am looking for the equivalent of 10 pips per trade now, not just per day. I targeted only 5 pips with 2 lots rather than 10 pips with 1 lot on those scalps because price was around that 1.2900 level and really not committed on higher time frames, and we know that on this pair, ANYTHING can happen at those big round numbers. 2. I am not glued to the screen. So when I sit down and see green x red is past, I look for some other entry mechanisms.
Doing the same.
Don't see reason for keep on posting. Once in awhile is enough.
Attached Image

You remember USDSGD a comple of post's back. Did fall for a couple of pips. Only needed to follow TDI
Attached Image (click to enlarge)
Click to Enlarge Name: usdsgd.PNG Size: 54 KB
  • #100,433
  • Feb 20, 2020 11:22am Feb 20, 2020 11:22am
Quoting Tekkies
{quote} Doing the same. Don't see reason for keep on posting. Once in awhile is enough. {image} You remember USDSGD a comple of post's back. Did fall for a couple of pips. Only needed to follow TDI {image}
You know that this thread is filled with repeated postings, many of them simply copy-paste. So much repeat, repeat, repeat. So joining in the with the spirit of "we want quantity; quality is not considered" postings. Plus, these little scalps on small time frames fit the low capital trading accounts of most retail traders much better than the high time frame set ups.
To free Gazans of Hamas, use whatever it takes.
  • #100,434
  • Feb 20, 2020 5:43pm Feb 20, 2020 5:43pm
Quoting emmanuel7788
EURUSD Week 08 Feb 20 Daily the moment some have been waiting for .... wanting to trade a possible correction use %Risk and do your Position Size. when you risk say 2% you can only lose 2% no matter how big your initial stop loss in pips is. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Feb 20 Daily buy Low 20-2-2020 7-24-14 am.png Size: 32 KB



well, that setup did not work out as USD remains 'stronger' across all six pairs.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Feb 20 Daily hit stop loss 21-2-2020 7-38-11 am.png Size: 35 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #100,435
  • Feb 20, 2020 5:51pm Feb 20, 2020 5:51pm
USD Six pairs - Feb 21

EURUSD has Beearish Engulfing Outside Bar BEOB setup

Today is PMI data during the European session.
There will be some volatility but will the direction change after ...

Attached Image (click to enlarge)
Click to Enlarge Name: USDindex pairs Feb 21 open 21-2-2020 7-44-23 am.png Size: 99 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #100,436
  • Feb 20, 2020 6:22pm Feb 20, 2020 6:22pm
Quoting Tekkies
{quote} Doing the same. Don't see reason for keep on posting. Once in awhile is enough. {image} You remember USDSGD a comple of post's back. Did fall for a couple of pips. Only needed to follow TDI {image}

hey Tekkies

Nice trade!

I see naked chart with simple basic price action ... small consolidation with two inside bars, then the breakout...

your chart shows a M15 Double Inside Bar DIB setup and your entry was the breakout of the DIB

My realtime screen capture shows a nice classic TMS 5-Method setupo candle.. it is the HA candle which closed below its 5-EMA and both the Stoch(8,3,3) and also the TDI#25 shows a much steeper angle when that breakout/setup candle closed.

Also I am testing both the use of the common indicator RSI for non-MT platform without the custom TDI indicators and study the results.

1) the RSI(13) with EMA(2) and SMA(7) to replicate the TDI - also shows the same cross signal and without any repainting issue.

2) using a single RSI(3) also shows the RSI (3) cross its 50-level. Note how steep the RSI (3) angle is.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_M15_2020.02.20 17_45 Feb 20 M15 classic setup.gif Size: 72 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #100,437
  • Feb 20, 2020 6:51pm Feb 20, 2020 6:51pm
Quoting Tekkies
{quote} ... You remember USDSGD a comple of post's back. Did fall for a couple of pips. Only needed to follow TDI {image}
hey Tekkies

couple of post back I was talking about USDSGD Daily chart and when SingDollars weakens further and made a new 2020 high.
chart below.

your observation in lower timeframes like H1 is correct and price do react at big round numbers like the 1.39000 but it did not 'fall like a brick'. Therefore I said: we trade what we see and not what we think or what we expect.

Attached Image (click to enlarge)
Click to Enlarge Name: USDSGD Feb 19 FOMC 20-2-2020 2-39-16 am.png Size: 49 KB


Now study this update chart below Feb 21 Open,

look at both the Stoch and the TDI#25 and compare them to the price action above, under the current markt conditions,
they both both lags the Price Action and show opposite signals. Note that both are oscillators and osciallator are not useful when trading in trending market conditions. Oscillators are good when trading in ranging market conditions. In the case of TMS 5-Method, the 'system' fails when trading in narrow range market conditions. The OP was correct when he traded only the H4 10PM, 2AM and 6AM candles, he only took the best setups when he sees the price swings in ranging market conditions and he trade the reversal entries with his HA candles#1 and #2. He avoided trading when the market is in CONSOLIDATION which he sees with small HA candles and also the 5-EMA being 'flat'. His 5EMA shifted +3 must point in the right direction. I also observe the price action and its distance from the 5EMA as additional factor to add weight to the trade setup condition.

Attached Image (click to enlarge)
Click to Enlarge Name: USDSGD Feb 21 Daily 21-2-2020 8-34-36 am.png Size: 55 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #100,438
  • Feb 21, 2020 1:42am Feb 21, 2020 1:42am
EURUSD Feb 21 M15 Frankfurt Open hour

we have key data during this H4 candle period ...

H4 is narrow range trading.

can this M15 setup survive? ... we shall see.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Feb 21 M15 FO 21-2-2020 3-39-48 pm.png Size: 64 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #100,439
  • Feb 21, 2020 4:21am Feb 21, 2020 4:21am
Quoting emmanuel7788
EURUSD Feb 21 M15 Frankfurt Open hour we have key data during this H4 candle period ... H4 is narrow range trading. can this M15 setup survive? ... we shall see. {image}
EURUSD Feb 21 M15

Example of a Trade Invalidation ... opposite trade setup / signal of the previous post above.

Do you have a Plan B trade?

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Feb 21 M15 trade invalidation 21-2-2020 6-10-12 pm.png Size: 65 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #100,440
  • Feb 21, 2020 6:45am Feb 21, 2020 6:45am
Quoting emmanuel7788
{quote} hey Tekkies couple of post back I was talking about USDSGD Daily chart and when SingDollars weakens further and made a new 2020 high. chart below. your observation in lower timeframes like H1 is correct and price do react at big round numbers like the 1.39000 but it did not 'fall like a brick'. Therefore I said: we trade what we see and not what we think or what we expect. {image} Now study this update chart below Feb 21 Open, look at both the Stoch and the TDI#25 and compare them to the price action above, under the current markt conditions,...
Stop being a fake emmanuel.
Post 100,422: well it did not fall like a brick... who said that!
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