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Trading Made Simple

  • #109,441
  • Oct 6, 2020 6:03pm Oct 6, 2020 6:03pm
Quoting emmanuel7788
{quote} Trade Report using TMS Monitor to trade M15... Oct 05 Closed Trades. - pick the best slope with price action - compare the Previous slope and Current slope, look at the price action and - pulling the trigger would be easier, saves a lot of time to look for other trades - use an EA to manage your trades {image}

Trade Report using TMS Monitor to trade M15... Oct 05 and Oct 06 Closed Trades

- closed my positions before FOMC and slept soundly ...

- two consecutive winning days

Attached Image (click to enlarge)
Click to Enlarge Name: Trade Report Oct 5 and 6 FOMC 7-10-2020 6-25-17 am.png Size: 27 KB


- follow price and its MOMENTUM shown in the TMS Monitor P-Slope and C-Slope, learn the price action and know the tweek, the bounce, the hook .

the OP would say the green tweek from 5pm to 5:45pm for example, but the TMS Monitor will do better calcuation and show you the specific value of both the previous bar and current bar close. You can be very selective with the P-Slope/C-Slope value and that is your own discretionary decision to take any trade setup.

Attached Image (click to enlarge)
Click to Enlarge Name: Big E TDI 5pm tweek to 5-45pm.png Size: 136 KB

Example EURUSD FOMC candle,

*** there are price extremes and the C-Slope can be anything from 1 to 25 in certain big bars/candles market. I be careful when the C-Slope of the bar close is more than 10.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Oct 06 FOMC tweek -5 to -16 7-10-2020 5-50-24 am.png Size: 90 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,442
  • Oct 6, 2020 6:43pm Oct 6, 2020 6:43pm
When I trade M15 and H1, the H4 market condition is very important.

- I follow Dr Alexander Elder' Triple Screen Trading system approach and developed my trading systems for scalping, day-trading, 4H swing trading and D1/W1 position trading.

- H4 is my Dominant Trend
- H4 also shows the CONFLUENCE of support & resistance
- H4 has less 'noise' factor what some traders as noise ... ups and downs of the lower timeframes

EURUSD M15 Oct 06 POMO

- using the H4 candles On/Off on my charts, I can see the H4 Master Candle, its is a series of 4 candles - big candle and 3 small candles,
- Master candle High-Low is the range and the high-low can be support and resistance too! if there is CONFLUENEC with other S&R to carry more weight.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Oct 06 POM MC3 7-10-2020 7-26-33 am.png Size: 47 KB

with the H4 candles turned OFF, you can then look for setup conditions .. in this case M15 setups price action at support&resistance PA+SR.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Oct 06 M15 review POMO 7-10-2020 7-28-21 am.png Size: 55 KB

you can also look at the H1 candle by turning that ON.
with H1 turned ON, you do the same , look for H1 setups, 5bars swing high/swing low Big E old thread, the 3bar PCRF by Phx62, X-Man pullback candle, etc.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Oct 06 H1 troned on 7-10-2020 7-41-05 am.png Size: 47 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,443
  • Oct 6, 2020 6:49pm Oct 6, 2020 6:49pm
Using this M15 chart with H1 candle in it background,

within that H1 MC{3} High Low,

how many of the M15 TRUE REVERSALs can you spot?

how many of the H1 TRUE REVERSALs can you spot?

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Oct 06 H1 troned on 7-10-2020 7-41-05 am.png Size: 47 KB


If you still have not learn what TRUE REVERSALs are, then you may have missed the many posts in Big E old thread.

But its not too late, you can learn them now.

watch these videos learn EVERYTHING that Big E learned back in 2008 to 2010.

Swing High Low click

How To spot a true Reversal Candle webinar ... click

you must first learn to spot the NFF reversal candles.

here is the pdf checklist.

when market opens, you must be disciplined to spot a reversal bar/candle with Stoch signal, then look at the TDI#25.

use this example below and when the market is open it is easy to spot these trader setup conditions.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,444
  • Oct 6, 2020 6:56pm Oct 6, 2020 6:56pm
GBPUSD Oct 07 Post-FOMC

How to trade? What to trade?

- if you look for a H4 bullish True REVERSAL , you are gonna wait for many hours...

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Oct 07 M15 w H4 7-10-2020 7-51-53 am.png Size: 46 KB

its time to 'test' your knowledge how to use the Traders_Dynamic_Index (2005) full version....
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,445
  • Oct 6, 2020 7:22pm Oct 6, 2020 7:22pm
TMS Monitor Oct 07 Tokyo Open

- two of my 3 pairs which I trade in the morning here.

- M15 'turns' earlier' than H1, and of course M5 is even much earlier.

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Oct 07 TOK 7-10-2020 8-19-00 am.png Size: 47 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,446
  • Oct 6, 2020 7:24pm Oct 6, 2020 7:24pm
Quoting sali1
Uncle Trump thanks for making me good money today
hey super trader sali1

eurusd buy 1.1737
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,447
  • Oct 6, 2020 11:14pm Oct 6, 2020 11:14pm
AUDUSD Oct 07 H4

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Oct 07 H4 TOK H4 check mark up 7-10-2020 9-49-30 am.png Size: 78 KB


3 hours later,
price has moved higher ...

in about 52 minutes this current H4 will close, we will see the C-Slope will become P-Slope and new new H4 opens and a new C-Slope of this current H4 will be calculated ... and updated in the monitor,
- what will be the new C-Slope value?
- it will be a tweek from + 3 to +??
- will it be a true REVERSAl candle?

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Oct 07 TOK H4 1312 7-10-2020 12-12-23 pm.png Size: 75 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,448
  • Oct 6, 2020 11:27pm Oct 6, 2020 11:27pm
USDCAD Oct 07 H4

- P-Slope 7 to C-Slope 6

- when this current H4 candle closes, we will have a new C-Slope and it will be a hook back, question is how much?
Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Oct 07 H4 TOK 1324pm 7-10-2020 12-24-38 pm.png Size: 78 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,449
  • Oct 6, 2020 11:37pm Oct 6, 2020 11:37pm
GBPAUD Oct 07 M15

- CONSOLIDATION M15
- catch the breakout!
- Follow H4 PA + 5EMA + S&R ... that simple

Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUD Oct 07 M15 consolidation 7-10-2020 12-35-15 pm.png Size: 30 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,450
  • Oct 7, 2020 12:08am Oct 7, 2020 12:08am
Quoting emmanuel7788
USDCAD Oct 07 H4 - P-Slope 7 to C-Slope 6 - when this current H4 candle closes, we will have a new C-Slope and it will be a hook back, question is how much? {image}
Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Oct 07 H4 TOK 1324pm 7-10-2020 12-24-38 pm.png Size: 78 KB


USDCAD Oct 07 H4 1AM EST

- RSI hook over from +6 to -7

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Oct 07 H4 1Am EST 6 to -7 -10-2020 1-04-58 pm.png Size: 78 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,451
  • Oct 7, 2020 12:13am Oct 7, 2020 12:13am
Quoting emmanuel7788
AUDUSD Oct 07 H4 {image} 3 hours later, price has moved higher ... in about 52 minutes this current H4 will close, we will see the C-Slope will become P-Slope and new new H4 opens and a new C-Slope of this current H4 will be calculated ... and updated in the monitor, - what will be the new C-Slope value? - it will be a tweek from + 3 to +?? - will it be a true REVERSAl candle? {image}
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Oct 07 7sec to 1AM EST 7-10-2020 12-59-56 pm.png Size: 75 KB


AUDUSD Oct 07 H4 1AM EST

- the RSI green line tweek from +3 to +6 ,
- the HA candle did not change colour when it closed, therefore not a TMS REVERSAL candle (Post#261), the next H4 will be the next decision candle.
- last night' FOMC candle is too big a candle to buy against.


Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Oct 07 H4 1AM EST 10PM PDT 7-10-2020 1-01-30 pm.png Size: 78 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,452
  • Oct 7, 2020 12:46am Oct 7, 2020 12:46am
EURAUD Oct 07 H1 1Am EST

- a H4 -3 to -10 slope is good enough to consider for M15 and H1 trading
Attached Image (click to enlarge)
Click to Enlarge Name: EURUAD Oct 07 H4 1Am EST 7-10-2020 1-43-59 pm.png Size: 82 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,453
  • Oct 7, 2020 1:05am Oct 7, 2020 1:05am
Frankfurt Open H1 Oct 07

- not many pre-FO candles to trade FO now.

- I like to see C-Slope > 4 + nice price action + S&R.
- arbinka prefers C-Slope > 6

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Oct 07 H1 pre-FO 7-10-2020 2-02-11 pm.png Size: 45 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,454
  • Oct 7, 2020 1:36am Oct 7, 2020 1:36am
It is very true, without experience we can't understand the logic behind the trading. With full understanding and strategy, we can succeed and get profits. Your success story is also very emotional.
Shimayra
  • #109,455
  • Oct 7, 2020 2:25am Oct 7, 2020 2:25am
Quoting emmanuel7788
GBPAUD Oct 07 M15 - CONSOLIDATION M15 - catch the breakout! - Follow H4 PA + 5EMA + S&R ... that simple {image}
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUD Oct 07 M15 consolidation 7-10-2020 12-35-15 pm.png Size: 30 KB


GBPAUD Oct 07 M15 trades closed

- took the break of the consolidation low

+5pips, +10pips, +2 pips stopped out by the pull back.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUD Oct 07 M15 trades closed 7-10-2020 3-20-47 pm.png Size: 34 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,456
  • Oct 7, 2020 2:28am Oct 7, 2020 2:28am
Quoting emmanuel7788
Frankfurt Open H1 Oct 07 - not many pre-FO candles to trade FO now. - I like to see C-Slope > 4 + nice price action + S&R. - arbinka prefers C-Slope > 6 {image}

EURUSD Oct 07 LO trade

- FO H1 candle provided the nice tweek +4 to +12 slope ...

+5pips now and CSTSL active


Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Oct 07 M15 LO trade 4-12 7-10-2020 3-22-00 pm.png Size: 87 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Oct 07 H1 tweek 4 to 12 7-10-2020 3-29-31 pm.png Size: 33 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,457
  • Oct 7, 2020 3:49am Oct 7, 2020 3:49am
Quoting shimayra
It is very true, without experience we can't understand the logic behind the trading. With full understanding and strategy, we can succeed and get profits. Your success story is also very emotional.
It's very true: Even with experience, many cannot understand the logic behind trading. Even with significant understanding and strategy, many lose and fail to be profitable.
To free Gazans of Hamas, use whatever it takes.
  • #109,458
  • Oct 7, 2020 5:00am Oct 7, 2020 5:00am
Quoting emmanuel7788
Frankfurt Open H1 Oct 07 - not many pre-FO candles to trade FO now. - I like to see C-Slope > 4 + nice price action + S&R. - arbinka prefers C-Slope > 6 {image}
can you share me indicator with TMS_V19 EA thank you!
  • #109,459
  • Oct 7, 2020 5:49am Oct 7, 2020 5:49am
TMS Monitor Oct 07 H1 6AM EST

which pair has the best RSi green price line tweek for a trade setup?

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Oct 07 H1 EST 6PM 7-10-2020 6-46-39 pm.png Size: 19 KB



Attached Image (click to enlarge)
Click to Enlarge Name: Big E TDI 5pm tweek to 5-45pm.png Size: 136 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #109,460
  • Oct 7, 2020 8:29am Oct 7, 2020 8:29am
[quote=Tekkies;13201001][quote=vinicio;13200828]{quote} Here is a other perfect setup. Both TDI green are below angle 5. Stoch on both chart's confirm direction >>> No trade is placed with H1 TDI setup. Why? Reason: Twice EU tried to break out of consolidation. (previous two chart's) Both times support and resistance level broke the momentum. That is enough reason not to bother to try to place anymore order's. Also in a short while London is going to close down for the night. Walk away and look at EU tomorrow. If EU does go into a new trend between now and tomorrow London Open, so what. Take the next TDI crossover that match all the points of post#647



Hi Tekkies,
how did you manage EUR USD this morning.
Thanks for the reply
Vinicius
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