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  • #108,081
  • Sep 3, 2020 6:40pm Sep 3, 2020 6:40pm
Quoting emmanuel7788
{quote} EURUSD Sep 03 NYO - fast turnaround and now I buy {image}
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Sep 03 M5 buy 3-9-2020 8-28-52 pm.png Size: 41 KB


EURUSD Sep 03 M5 scalping

- when the PA turned around at key levels, I do my buy-scalps.

- follow Price Action but know your preferred higher TF key levels and support/resistance.

- trade the PA at levels of support/resistance, it may look complicated but you will learn with close observation of the price behaviour around key levels and know the direction, and these requires many hours - thousand of hours of screen time.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Sep 03 M5 w H1 scalps 3-9-2020 8-50-06 pm.png Size: 43 KB


- the same here is I use THV Cavemanager to manage my scalp trades too. I focus on the setups and entries.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,082
  • Sep 3, 2020 6:47pm Sep 3, 2020 6:47pm
Quoting emmanuel7788
{quote} EURUSD Sep 03 NYO - fast turnaround and now I buy {image}
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Sep 03 M5 buy 3-9-2020 8-28-52 pm.png Size: 41 KB


EURUSD Sep 03 and 04 chart update

I thought I post an up-to-date chart now so that you can see the completion of every H4 candle and the M5 PA within a H4 candle period.

Observe the H4 key levels and where the M5 setups are located. Not every M5 setup will turn into profits, therefore its your discretionary rules to pick the best setups following what you learn in the OP's post and his charts.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Sep 04 chart update 4-9-2020 7-41-42 am.png Size: 46 KB



Edit: several PMs last night asking about the Direction and what filter or indicator to use.

Answer: The OP in his Post#261 said the 5EMA, Typical Price, Shift+3 (Shift+2 when he started) is the direction. This apply to all TFs.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,083
  • Sep 3, 2020 7:45pm Sep 3, 2020 7:45pm
USDJPY Sep 04 Tokyo Open

- last H4 tested 106

- today TOK Open rally from H4 key levels

- its Friday so it would be another interesting day in the world markets as the politicians in Tokyo still have not decided the candidates for the next PM. I have picked mine. Its an easy one.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Sep 04 TOK Open M5-H4 4-9-2020 8-40-17 am.png Size: 45 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,084
  • Sep 3, 2020 8:08pm Sep 3, 2020 8:08pm
Quoting emmanuel7788
USDJPY Sep 04 Tokyo Open - last H4 tested 106 - today TOK Open rally from H4 key levels - its Friday so it would be another interesting day in the world markets as the politicians in Tokyo still have not decided the candidates for the next PM. I have picked mine. Its an easy one. {image}
USDJPY Sep 04 H4 ... 4AM EST New York

- my broker open a new H4 candle

- my screening chart, use TMS_V19 expert advisor to check the technical conditions

  1. Weekly Trend 2/8 is sideways (blue colour), also check Weekly ... no HH HL nor LH LL.
  2. TDI and Stoch H4 not favourable
  3. Price Action sideways and no sign of MOMENTUM bars/candle like Engulfing and Outside bars/candle.
  4. But the H4 direction below its 5EMA.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Sep 04 H4 screening chart 4-9-2020 9-00-09 am.png Size: 62 KB


Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Sep 04 Weekly 4-9-2020 9-08-44 am.png Size: 13 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,085
  • Edited 9:27pm Sep 3, 2020 9:02pm | Edited 9:27pm
Quoting Tekkies
{quote} TDI - Use post#25 TDI Stoch - Use MT4 Stoch indicator {file}{image}

hey Tekkies

I just check your template and it is not a TMS 5-Method chart

Your template looks like this below, which I think you use a very old chart template from the old thread "Craig Harris Stochastics Method" ....

Attached Image (click to enlarge)
Click to Enlarge Name: Tekkies template 4-9-2020 9-33-12 am.png Size: 66 KB

I don't think you can trade TMS 5-Method using your template because you are not able to trade following the OP's rules in Post#261.

I uploaded the OP' UPDATE: See post #25 in Post#1 and the chart template in Post#25 looks like this below:

Attached Image (click to enlarge)
Click to Enlarge Name: Big E template 4-9-2020 9-33-44 am.png Size: 75 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,086
  • Sep 3, 2020 10:07pm Sep 3, 2020 10:07pm
USDJPY Tokyo 12PM New York 11PM EST

- look for buy M5 with H1

- mus see' 'support' with H4 key levels.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,087
  • Sep 4, 2020 3:54am Sep 4, 2020 3:54am
Sep 04 5AM EST

scalping M5 before NFP today

buy AUDUSD, EURUSD, GBPUSD
sell USDCAD
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,088
  • Sep 4, 2020 3:56am Sep 4, 2020 3:56am
Quoting emmanuel7788
USDJPY Tokyo 12PM New York 11PM EST - look for buy M5 with H1 - mus see' 'support' with H4 key levels.
UJ simply refuse to move ...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,089
  • Sep 4, 2020 4:02am Sep 4, 2020 4:02am
Quoting emmanuel7788
Sep 04 5AM EST scalping M5 before NFP today buy AUDUSD, EURUSD, GBPUSD sell USDCAD

H4 closed ENGULFING OUTSIDE bar/candles... PDT
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,090
  • Sep 4, 2020 4:12am Sep 4, 2020 4:12am
EURAUD Sep 04

-scalp M5 follow H4 candle BEEB
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD Sep 04 M5 sell 4-9-2020 5-10-55 pm.png Size: 42 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,091
  • Sep 4, 2020 4:40am Sep 4, 2020 4:40am
Quoting emmanuel7788
EURAUD Sep 04 -scalp M5 follow H4 candle BEEB {image}
EURAUD Sep 04 H4 2AM PDT

This is the TMS_V19 alert I get
- the Weekly Trend 2/8 turn bearish
- Stoch and TDI slope values below default values
- PA HA candle RED good body size ... is also a REVERSAL candle
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD Sep 04 H4 BEEB 4-9-2020 5-34-35 pm.png Size: 39 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,092
  • Sep 4, 2020 4:44am Sep 4, 2020 4:44am
Quoting emmanuel7788
{quote} UJ simply refuse to move ...
USDJPY Sep 04 M5

- now showing a little stronger 'heart beat'
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY Sep M5 w H4 BG 4-9-2020 5-42-28 pm.png Size: 42 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,093
  • Sep 4, 2020 4:53am Sep 4, 2020 4:53am
Price Action trade entry techniques

Bullish Outside Bar BUOB

one of my favourite entry is the RETRACEMENT level entry

Attached Image (click to enlarge)
Click to Enlarge Name: BUEOB retracement entry.png Size: 17 KB


if you want to learn more and not limit your trading knowledge to just what the OP posted in this thread,

here is one good website to learn a few common price action candles and how to trade them.

https://priceactiontracker.com/price...-vertical-bar/
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,094
  • Sep 4, 2020 5:24am Sep 4, 2020 5:24am
There is really not much more to post about this method.
Follow only BigE's advice in this thread.
(When member's post other stuff that is not based on what BigE has posted disregard that post. (Myne include.)
Follow TDI.
On every cross over check:
= Beginning of new bar > Can you see green on the other side of red?
Is the angel above 2 for buy
Is the angle below 4 for sell
Is the angle between 2/4 == No trade.
= Does stoch confirm the direction that TDI green is going.
Only those two rules are needed to avoid many crossover that could lead to losing trades. Don't find reasons to place a trade, walk away.
When the crossover pass those two rules only then apply Post#647. (plus other advice from his other post's)
= Look left for support / resistance level.
= Look at the bar size
= Look at the length and placement of wicks.
=Where did the crossover happened?
Just above 50 line for a good buy, below 50 line for a good sell, be careful when the crossover is close to 78, 32 line. (read TDI cross.pdf).
TDI crossover is only an indication that a trade can be placed.
#769... I look at everything... last hi/lo, last reversal strength, candle size, is Stochs confirming, is it candle 1 or 2... everything...
TDI gives me the signal.. it's my job to check out the rest...
Attached Image (click to enlarge)
Click to Enlarge Name: oneofmany.PNG Size: 36 KB

(Me: only look for 10 pips with every trade. Move to BE plus profit. Price give more, good, if not the next trade can give more or not.)
- When you don't enjoy trading > it becomes stressful, (negative emotions) you are doing something wrong.
I enjoy my trading, do you?
  • #108,095
  • Sep 4, 2020 5:43am Sep 4, 2020 5:43am
Quoting emmanuel7788
{quote} USDJPY Sep 04 M5 - now showing a little stronger 'heart beat' {image}
Hi emmanuel7788 what is the round number indicator you are using?
  • #108,096
  • Sep 4, 2020 5:49am Sep 4, 2020 5:49am
Quoting Tekkies
There is really not much more to post about this method. Follow only BigE's advice in this thread. (When member's post other stuff that is not based on what BigE has posted disregard that post. (Myne include.) Follow TDI. On every cross over check: = Beginning of new bar > Can you see green on the other side of red? Is the angel above 2 for buy Is the angle below 4 for sell Is the angle between 2/4 == No trade. = Does stoch confirm the direction that TDI green is going. Only those two rules are needed to avoid many...

hey Tekkies

Why you still do not follow Post#261 and use the OP chart template in Post#25?

You mentioned Post#769 but I read that post and the OP was talking about H4 and he was always referring to the HA candles.

When I follow the OP way how he would check the trend, I see on your M15 chart looks like this below....prices are flat.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Sep 04 price is flat 4-9-2020 6-41-39 pm.png Size: 31 KB


Then I check my TMS chart template, I see the price is in a consolidation zone... Post#647.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Sep 04 M15 H1 WRB 4-9-2020 6-48-13 pm.png Size: 41 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,097
  • Sep 4, 2020 6:04am Sep 4, 2020 6:04am
Quoting Tekkies
There is really not much more to post about this method. Follow only BigE's advice in this thread. (When member's post other stuff that is not based on what BigE has posted disregard that post. (Myne include.) Follow TDI. On every cross over check: = Beginning of new bar > Can you see green on the other side of red? Is the angel above 2 for buy Is the angle below 4 for sell Is the angle between 2/4 == No trade. = Does stoch confirm the direction that TDI green is going. Only those two rules are needed to avoid many...

Quoting emmanuel7788
{quote} hey Tekkies Why you still do not follow Post#261 and use the OP chart template in Post#25? You mentioned Post#769 but I read that post and the OP was talking about H4 and he was always referring to the HA candles. When I follow the OP way how he would check the trend, I see on your M15 chart looks like this below....prices are flat. {image} Then I check my TMS chart template, I see the price is in a consolidation zone... Post#647. {image}

Now, I went one step further and check my trade plan for today... NFP, I see two potential zones above and below where price can trade to. The smart money knows where they will move price later to fill orders.

Any way, we shall see what happens later before and after US NFP .

Good luck to your sell trade.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Sep 04 H1 Aqua zone 4-9-2020 6-54-57 pm.png Size: 49 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,098
  • Sep 4, 2020 6:06am Sep 4, 2020 6:06am
Quoting saha007
{quote} Hi emmanuel7788 what is the round number indicator you are using?

BN Levels:


Post#22,389 (also read post#49,341)

Note: I no longer use the Pivot and Fibo stuff.... too much clutter on my charts. I love clean charts when I trade.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #108,099
  • Sep 4, 2020 6:23am Sep 4, 2020 6:23am
Quoting Tekkies
There is really not much more to post about this method. Follow only BigE's advice in this thread. (When member's post other stuff that is not based on what BigE has posted disregard that post. (Myne include.) Follow TDI. On every cross over check: = Beginning of new bar > Can you see green on the other side of red? Is the angel above 2 for buy Is the angle below 4 for sell Is the angle between 2/4 == No trade. = Does stoch confirm the direction that TDI green is going. Only those two rules are needed to avoid many...
The volatility was quite low at that marked bar, so I would have reduced TP from 10 pips to only 5 pips.
To free Gazans of Hamas, use whatever it takes.
  • #108,100
  • Sep 4, 2020 6:24am Sep 4, 2020 6:24am
Quoting Tekkies
....- When you don't enjoy trading > it becomes stressful, (negative emotions) you are doing something wrong. I enjoy my trading, do you?

hey Tekkies

you ask questions...

I enjoy trading, I enjoy even more seeing how my trading profits deposits into my bank accounts and my wealth grow to become my grandchildren' inheritance.

"
Unless you mastered this method already... keep the questions or concerns coming. Continue Post your Demo trades too.
Continue making Demo trades to build your confidence and study old charts where the TDI gives clean signals... it will pay you in spades... well, pips in our case...
"

ANother thing I enjoy doing while in this forum is to learn from review and post-trade analysis,

for example using my H4 candle in background to follow the price action in M15 and also M5 for scalping.
Looking at the H4 candle in background, your M15 TDI cross trade isn't the best trade setup example.
The best trade setups are usually when there are 3 basic things:
1) direction of the market
2) levels of support and resistance
3) the price action where we must see either strong buying with higher highs higher lows or strong selling with lower highs lower lows.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Sep 04 M15 w H4 BG 4-9-2020 7-10-22 pm.png Size: 40 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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