DislikedTMS Monitor Oct 16 - its approach the 2AM PDT H4 candle - looking at the TMS Monitor condition now and did a quick scan through all pairs, there is nothing to pick - best thing to do is look at H1 and trade M15 for some pips. - remember ... catch the price action with MOMENTUM for that quick +5pips, +10pips, +15pips,... type of trades. {image}Ignored
- #109,862
- Oct 16, 2020 2:08pm Oct 16, 2020 2:08pm
- | Membership Revoked | Joined Jun 2011 | 9,885 Posts
To free Gazans of Hamas, use whatever it takes.
- #109,863
- Oct 16, 2020 2:14pm Oct 16, 2020 2:14pm
- | Membership Revoked | Joined Jun 2011 | 9,885 Posts
To free Gazans of Hamas, use whatever it takes.
- #109,864
- Oct 16, 2020 2:24pm Oct 16, 2020 2:24pm
- Joined Sep 2017 | Status: Trader | 2,689 Posts | Online Now
- #109,865
- Edited 4:38pm Oct 16, 2020 3:59pm | Edited 4:38pm
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
- #109,867
- Oct 16, 2020 4:31pm Oct 16, 2020 4:31pm
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
{quote}in it so it got a tad bit inconvenient to figure
Think back to school days. Those homework assignments, they always were very inconvenient with the local class nerd staying on the opposite side of town.Have never been concerned about news, except for USA > NFP. That one is a real bugger.
Why? >
I am not the local nerd, (there is a Arabian Sea between us) do your own homework, read below:Use ForexFactory > Calender (top of of webpage).
- Check calender for red news, hop down to that currency pair and check the candles for spikes on the time frame you want to trade. Do that for a couple of month's, you will soon learn which news does have a impact, if any.
- #109,868
- Oct 16, 2020 5:28pm Oct 16, 2020 5:28pm
- Joined Nov 2008 | Status: Trader | 50,211 Posts
{quote}
Have never been concerned about news, except for USA > NFP. That one is a real bugger.
Why? >
I am not the local nerd, (there is a Arabian Sea between us) do your own homework, read below:Use ForexFactory > Calender (top of of webpage).
- Check calender for red news, hop down to that currency pair and check the candles for spikes on the time frame you want to trade. Do that for a couple of month's, you will soon learn which news does have a impact, if any.
-------------------------------
Tekkies
you trade M15 with H1, and you "Have never been concerned about news, except for USA > NFP...."
now we all know why you lose your money everyday for the past 4 years.
what you see on Forex Factory Calendar is history .... nothing new.
"Who" prepares the economic data for news release? What time did the "Who" start preparing the economic data and how time did the "Who" take to have the economic data ready for approval prior to its release? By the time you see it on FFCal, the market already knew before Tekkies.
NFP is what the smart money use to set up the TDI green cross red traders like you.
Have Fun with your cat and your dog and keep a monkey instead you don't need to teach a monkey to climb trees.
Take good care of your knives and don't play with any types of knives.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #109,869
- Oct 16, 2020 5:43pm Oct 16, 2020 5:43pm
- Joined Nov 2008 | Status: Trader | 50,211 Posts
How does the 5 Method react to news or how should it be traded in medium-high impact news? Could you please point out the relevant posts explaining if there are any? Thanks
GU and GJ went wild on news today Not cool. Any tips? I'm kinda new here Thanks {image} {image}
what news was that?
the 'news' on FFCal did not include those other types of 'news' which the smart money have access to and the smart money set up the retail traders especially traders who trade indicator green cross red.... to fill orders.
what moves the currency market? its not news.
how to avoid trading into 'news'?
make that transition to trade the 4-hour and Daily chart timeframes. one of many reason why the OP started this thread and moved the 5-Method discussions here is that there are more benefits to trade the 4-hour which is less susceptible to market reaction to news.
take a look at H4, Daily and Weekly. What was the market type at the opening of the week? Has the market type changed now that NY is closed?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #109,870
- Oct 16, 2020 6:02pm Oct 16, 2020 6:02pm
- Joined Nov 2008 | Status: Trader | 50,211 Posts
{quote} You failed to understand a simple sentence Post 109,845: Show one post where you have used TDI and Stoch the same way as BigE used it. Seeing that you think I am blind let's take a peek at your chart's 1. TMSWatchDog 2. Information from WatchDog 3. TDI flat 4. Pink line 5. Sell trade's against stoch direction and TDI flat. 6. H4 - Sell entries at end of downtrend (small bar) 7. Don't close losing entry's. Did that spike to the down side not occurred you would have...
You can't even do a post-mortem POMO trade analysis correctly. How on earth will you ever get to trade Big E ' 5-Method when you spend so much of your time and your life on the TDI green and red lines.
You still don't get it. TMS is not about green cross red. Take the OP post as his advice and go to the old thread and start all over again. READ & STUDY his old thread, take notes of every other system and method he talked about in his old thread. Remember the three(3) TAKEAWAYs which II shared in one of my post last week.
Now study these two charts below, the same EURUSD charts. Can you spot the same and difference on these two charts? If you still cannot spot them, then you need to follow the Op Big E advice and go back to babypips.com learn the basic forex stuff.
Chart 1
Chart 2
plenty of lessons for the folks this weekend.
Stay Tuned!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #109,871
- Oct 16, 2020 6:20pm Oct 16, 2020 6:20pm
- Joined Nov 2008 | Status: Trader | 50,211 Posts
{quote} {quote} what news was that? the 'news' on FFCal did not include those other types of 'news' which the smart money have access to and the smart money set up the retail traders especially traders who trade indicator green cross red.... to fill orders. what moves the currency market? its not news. how to avoid trading into 'news'? make that transition to trade the 4-hour and Daily chart timeframes. one of many reason why the OP started this thread and moved the 5-Method discussions here is that there are more benefits to trade the 4-hour which...
now the next step,
Add the APB/HA candles and the 5EMA, Typical Price, Shift+3 to the same two charts and switch to Bar Chart instead of the Japanese candlesticks.
Do you feel good looking at these now?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #109,872
- Oct 16, 2020 6:46pm Oct 16, 2020 6:46pm
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
{quote} ---------------------------- Have never been concerned about news, except for USA > NFP. That one is a real bugger. Why? >
Confused again Emmanuel?
Must be, your post indicate you have no clue or understand much about FF Calender.
1. FF Calander has the whole week news events posted in advance. Check left side of Calender webpage there is a whole bunch of choices to pick from like last month, next month, last week, next week. Try to understand "Legend"
> Don't think that Date, Time, Currency, Impact, Name need economic data, the other headings does based on what already happened in the past.
2. What did I post is rather simple:
a. check the date and time.
b. hop down to that currency pair and check the candles for spikes on the time frame you want to trade.
(Sorry forgot you would not understand "hop". it means open MT4, open a chart that show candle pattern. Am sure you understand the rest after the words "hop down")
Repeat:
> There is no economic data whatsoever contained in a simple date with a simple time:
>Fri, Oct, 1610:57, CNY Foreign Direct Investment ytd/y
Other post with out substance or shall we classify it as an toxic post based on the economic data you have supplied?
- #109,873
- Oct 16, 2020 6:57pm Oct 16, 2020 6:57pm
- Joined Nov 2008 | Status: Trader | 50,211 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #109,874
- Oct 16, 2020 7:00pm Oct 16, 2020 7:00pm
- Joined Nov 2008 | Status: Trader | 50,211 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #109,875
- Oct 16, 2020 7:13pm Oct 16, 2020 7:13pm
- Joined Nov 2008 | Status: Trader | 50,211 Posts
{quote} Don't know. At the time, was trying to convince the dog to climb out of a tree. He sort of suffer from acrophobia.
I did google search "dog" and 'tree" and voila found this post.... got edited too.
This weekend going to be fun ...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #109,876
- Oct 16, 2020 7:23pm Oct 16, 2020 7:23pm
- Joined Nov 2008 | Status: Trader | 50,211 Posts
{quote}
read what the OP said about making the transition to trade the 4-hour and the Daily ...
also read what one of the pioneer TMS members snarlyjack said about trading and news.... only 1909 posts to search and READ & STUDY.
then there is our well know Phx62 on trading news and his many trades taken ,
for example this one:
https://www.forexfactory.com/thread/...54#post8093254
Phx62 is well known for his many contributions in both old and this thread ... top on the list is his PCRF pattern.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #109,877
- Oct 16, 2020 7:37pm Oct 16, 2020 7:37pm
- Joined Nov 2008 | Status: Trader | 50,211 Posts
{quote}
{quote} well, when you can think, then Keep It Simple... read what the OP said about making the transition to trade the 4-hour and the Daily ... also read what one of the pioneer TMS members snarlyjack said about trading and news.... only 1909 posts to search and READ & STUDY. then there is our well know Phx62 on trading news and his many trades taken , for example this one: https://www.forexfactory.com/thread/...54#post8093254...
Now, my STUDY notes on that Phx62 post and chart.
Price Action .... + DISCIPLINE and + know what to look for to trade + know when to trade ...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #109,878
- Oct 16, 2020 7:56pm Oct 16, 2020 7:56pm
- Joined Nov 2008 | Status: Trader | 50,211 Posts
How does the 5 Method react to news or how should it be traded in medium-high impact news? Could you please point out the relevant posts explaining if there are any? Thanks
Next week' Impact News during London hours,
tell me which pair you want to trade next week
and we trade live in real-time market hours.
next, we do our Weekly Top Down Analysis WTDA.
If you do not know what WTDA is, then READ & STUDY posts by dcginc ... another one of TMS pioneer member
Learn EVERYTHING!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #109,879
- Oct 16, 2020 7:59pm Oct 16, 2020 7:59pm
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
{quote} No wonder you have been losing money the past 4 years trading made simple. You can't even do a post-mortem POMO trade analysis correctly. How on earth will you ever get to trade Big E ' 5-Method when you spend so much of your time and your life on the TDI green and red lines. You still don't get it. TMS is not about green cross red. Take the OP post as his advice and go to the old thread and start all over again. READ & STUDY his old thread, take notes of every other system and method he talked about in his old thread. Remember the three(3)...
Once again you failed to understand a simple sentence
Post 109,845: Show one post where you have used TDI and Stoch the same way as BigE used it.
That is all that post did.
post-mortem POMO trade analysis correctly???? You kidding me. What is that?
BigE posted you must study old TDI crossover's. Reader's only have to look at TDI on your chart to know you screwed up big time.
Did this not happened those chart's would have never been posted. That spiked saved your button and please don't pretend you knew it was going to happen.
After all, did you do what you instruct other to do, you would have posted them as live trades the moment you placed those orders. Which did not occurred.
No problem.
Responding to your post's Emmanuel is a waste of time. Only showed reader's how misleading your post's are.
---------------
Post 109,848 Moss does have a point. You post so much and your answer does not help those that want to use that monitor.
If there is a difference between what you use and post and what reader's can download from FF.
You going to need a lot of explaining.(Those that have suffered financial loss due to deceivement will surely ask that Twee ban you from forexfactory)
- #109,880
- Oct 16, 2020 8:07pm Oct 16, 2020 8:07pm
- Joined Nov 2008 | Status: Trader | 50,211 Posts
{quote} You so bored that you resorted to reading his nonsense and needed another good laugh? Even without reading his BS, I still get plenty of laughs from the snippets that others post. When (more like IF) the poor guy can ever come up with the correction to the ELUSIVE MISTAKE, I will give consideration that he has hope. But until then ... The Elusive Mistake--can YOU spot it? Many newcomers have, despite the conviction of the ToxicFakeTrader that there is no mistake. {quote}
After 9 long years in Forex Factory this member Fake DrDave aka DrDick (nick given by robot4me) still could not run the TMS_V19 expert advisor in his MT4 platform.
Since he did not managed to install and run the TMS_19 EA, then there is no way he will learn how that EA work as a TOOL to use when trading TMS 5-Method.
Even if/when he manages to get the EA TMS_V19 installed correctly and running, he still need to setup his personal preferences in the EA settings.
An the next impossible task for him is to find a valid trade setup and place a trade according to Big E's rules and to learn how the EA will manage the trade for him and for him to learn how many variations of the CandleStick Trailing Stop CSTSL work in live realtime market.
Good luck to him.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett