{quote} Apr15 London 10AM H4 - AU, AJ and EA {image}
- pick the best setups,
- look at the H1 close the H4 candle.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #118,101
- Apr 15, 2021 2:32am Apr 15, 2021 2:32am
- Joined Nov 2008 | Status: Trader | 50,194 Posts
- pick the best setups,
- look at the H1 close the H4 candle.
- #118,102
- Apr 15, 2021 3:34am Apr 15, 2021 3:34am
- Joined Oct 2020 | Status: Trader | 3,886 Posts
Busy today, so scalp on m1.
- #118,103
- Apr 15, 2021 5:33am Apr 15, 2021 5:33am
- Joined Oct 2020 | Status: Trader | 3,886 Posts
Busy today, so scalp on m1. {image}
Notice how TDI determine entries and time for exits as BigE mentioned. Compare this with standard PA analysis on PRICES for entries and exits, pretty much the same levels.
Once you know what to look for, a skill is learnt and practice makes perfect. TMS rules is the best catching momentum in any timeframes.
2 winning trades. End of today.
- #118,106
- Apr 15, 2021 9:54am Apr 15, 2021 9:54am
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote} Back to back. Sell upon TDI sell cross. GU m1 Notice how TDI determine entries and time for exits as BigE mentioned. Compare this with standard PA analysis on PRICES for entries and exits, pretty much the same levels. Once you know what to look for, a skill is learnt and practice makes perfect. TMS rules is the best catching momentum in any timeframes. 2 winning trades. End of today. {image}
Good night
- #118,107
- Apr 15, 2021 5:09pm Apr 15, 2021 5:09pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
Both your AU and EA H1 charts shows the Swing Low and Swing High PA conditions. Have your MT4 chart set to show Bar Chart with your APB/HA candle in background mode.
Every Swing High or Swing Low will have a REVERSAL candle in its 5-bars pattern. Once you know the true REVERSL candle (old thread) which is confirmed by the Stoch %K cross %D signal, this fulfils Post#261 basics, and you check the TDI' RSI green price line for the MOMENTUM.
See both my charts below and compare them with your own charts.
This is just one of several PA pattern you must know and master to trade like Big E did.
There are other PA patterns -
PCRF (by Phx62)
BEOB and BUOB
BEEB and BUEB
DBLHC and DBHLC
Inside Bar and Double Inside Bars
Master Candle[3]
I'll post charts when I see these PA patterns.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #118,108
- Apr 15, 2021 5:25pm Apr 15, 2021 5:25pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
{quote} With years of trading experience you do not need tools to read Price Action. PA is not that difficult or complex to learn. Start by learning those simple PA the OP Big E mentioned in his old thread. The most basic PA is the Swing High / Swing Low in his old thread. Both your AU and EA H1 charts shows the Swing Low and Swing High PA conditions. Have your MT4 chart set to show Bar Chart with your APB/HA candle in background mode. Every Swing High or Swing Low will have a REVERSAL candle in its 5-bars pattern. Once you know the true REVERSL...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #118,109
- Apr 15, 2021 5:27pm Apr 15, 2021 5:27pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #118,110
- Apr 15, 2021 5:31pm Apr 15, 2021 5:31pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
{quote} Hi Emma pls can you help me with that indicator that displayed the monthly weekly daily and 4hrs, outlook,and on the main chart the colored indicator that displayed higher tframe on lower tframe.Thanks
You can use the Pipware charts by stratman and display the charts in different timeframes.
templates and indicators:
here is the link to the old post #76,270
https://www.forexfactory.com/thread/...59#post9588859
Pipware charts by FF member stratman.
today's pick
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
{quote} True REVERSAL for Trading Made Simple 5-Method Here are the links to those videos and a pdf. the swing high / swing low as explained in these videos which were posted in Big E' old thread. Swing High Low How To spot a true Reversal Candle webinar How to spot a True Reversal Candle pdf
Now in my mind before LO 15 minutes I will find the setup by 2 charts below.MN, W1, D1 are all Blue and MA are above then I just wait for orders to go long at H1 if there is a Reversal + TDI + Stoch like yesterday in all 3 orders you gave. So is the probability according to brother Emmanuel7788 enough for the best setup yet? Or are there any other factors to consider?
- #118,113
- Apr 15, 2021 10:57pm Apr 15, 2021 10:57pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
{quote} My laptop has a 3: 2 aspect ratio, so some signs are hidden
During Big E time, his monitor was 4:3 aspect ration and he did not have FHD then.
But using the @TMSTDI WatchDog the slope of the RSI green price line is calculated and shown as a value. Any balue above 4 is good to consider and validate with the price action.
My AU H1 chart below 8 mins to close and Frankfurt opening soon.
Do you see the price action and the Stoch signal and TDI RSI green price line?
When looking for trade, always follow first the Price Action and Support/Resistance, then look for the true REVERSAL candle with Stoch signal., the TDI will always be late.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #118,114
- Apr 15, 2021 11:03pm Apr 15, 2021 11:03pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
{quote} The aspect ratio of your monitor only show different visual slope of lines. During Big E time, his monitor was 4:3 aspect ration and he did not have FHD then. But using the @TMSTDI WatchDog the slope of the RSI green price line is calculated and shown as a value. Any balue above 4 is good to consider and validate with the price action. My AU H1 chart below 8 mins to close and Frankfurt opening soon. Do you see the price action and the Stoch signal and TDI RSI green price line? When looking for trade, always follow first the Price Action...
Now compare these 2 charts
before Frankfurt Open FO
at FO
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #118,115
- Apr 15, 2021 11:05pm Apr 15, 2021 11:05pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
{quote} Now compare these 2 charts before Frankfurt Open FO {image} at FO {image}
and compare different chart zoom level
max zoom level6
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #118,118
- Apr 16, 2021 1:34am Apr 16, 2021 1:34am
- Joined Nov 2008 | Status: Trader | 50,194 Posts
[quote = emmanuel7788; 13497868] {quote} Tỷ lệ khung hình của màn hình chỉ hiển thị độ dốc hình ảnh khác nhau của các đường. Trong thời gian Big E, màn hình của anh ấy có tỷ lệ khung hình 4: 3 và khi đó anh ấy không có FHD. Nhưng bằng cách sử dụng @TMSTDI WatchDog, độ dốc của đường giá xanh RSI được tính toán và hiển thị dưới...
Yes. Phx62 made several price behaviour observations when he was trading EURAUD which happens often in the market.
He was one of the few TMS traders who started during Big E time in his old thread. Those who started in the old thread would have learn many things about basic price action and would be better off than those who only read this thread.
Today' EURAUD H1 example of the price action around the FO and LO candles.
take notes of what the price action you see
- consolidation high - low seen to the far left
- today Asian high
- price RN 1.5450
- today' Day Open
- Momentum of the FO and LO bars/candle
- note the TDI#25 green cross down then cross back up by the FO candle.
you just have to watch every detail ...
Do you have confidence to take a buy trade entry after the LO candle?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #118,119
- Apr 16, 2021 2:27am Apr 16, 2021 2:27am
- Joined Nov 2008 | Status: Trader | 50,194 Posts
{quote} Yes. Phx62 made several price behaviour observations when he was trading EURAUD which happens often in the market. He was one of the few TMS traders who started during Big E time in his old thread. Those who started in the old thread would have learn many things about basic price action and would be better off than those who only read this thread. Today' EURAUD H1 example of the price action around the FO and LO candles. take notes of what the price action you see - consolidation high - low seen to the far left - today Asian high - price...
Now with Tokyo market session closed ....
we shall see if there are really sellers or more buyers
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
