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  • #120,461
  • Jun 10, 2021 4:05pm Jun 10, 2021 4:05pm
Quoting T4Trade
THIS WEEK red news has given so many spikes,now weekly candle will make master candle and many weekly candles will be inside the master candle.Dear big EMM,how to trade this kind of price action,if we will wait for master candle of weekly or daily,it will take long time to wait for breakout.
when you follow the direction of the H4 and Daily HA candles price action you do not worry about those market knee-jerk reaction "many spikes"

use a trade manager like Steve Hopwood' Multi-Purpose Trade Manager MPTM and let MPTM manage your trades and those nasty spikes will not hit your stop loss.

Use the stealth mode for trade management.

Attached Image (click to enlarge)
Click to Enlarge Name: GU Jun10 MPTMv6 11-6-2021 5-06-23 am.png Size: 51 KB


missed 5R TP!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,462
  • Jun 10, 2021 4:33pm Jun 10, 2021 4:33pm
Quoting T4Trade
THIS WEEK red news has given so many spikes,now weekly candle will make master candle and many weekly candles will be inside the master candle.Dear big EMM,how to trade this kind of price action,if we will wait for master candle of weekly or daily,it will take long time to wait for breakout.

not just big weekly candles, you also have no so big weekly candles but you have to know if that weekly candle is a control candle WCC.

example XAUUSD we have a big weekly candle which is a WCC.

a WCC changes the Market Type from Trending to Sideways/Ranging.

once you know the Market Type, you switch to your trading system strategy for that Market Type.

Big E knows this very well but he only said each 4hr swing last 3 to 8 candles. If the 4hr swing is only 3 to 8 candle, what do you think the Market Type is?

Clue: each week has 29 H4 candles (some brokers have 30). how many times swing high / swing low within a week?

today XAUUSD intraday hit WCC low and bounce back up.

on MT4 PC, you can turn on/off the HA candles when I want to see the Japanese candlesticks. You can't do this on any tiny screen mobile.


Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD Jun10 h1 hit WCC 11-6-2021 5-24-37 am.png Size: 51 KB
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD Jun10 H4 11-6-2021 5-36-38 am.png Size: 44 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,463
  • Jun 10, 2021 4:39pm Jun 10, 2021 4:39pm
Quoting emmanuel7788
{quote} not just big weekly candles, you also have no so big weekly candles but you have to know if that weekly candle is a control candle WCC. example XAUUSD we have a big weekly candle which is a WCC. a WCC changes the Market Type from Trending to Sideways/Ranging. once you know the Market Type, you switch to your trading system strategy for that Market Type. Big E knows this very well but he only said each 4hr swing last 3 to 8 candles. If the 4hr swing is only 3 to 8 candle, what do you think the Market Type is? Clue: each week has 29 H4 candles...

now study charts and compare

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD Jun10 H4 11-6-2021 5-36-38 am.png Size: 44 KB
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD Jun10 H4 HA candles 11-6-2021 5-38-29 am.png Size: 51 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,464
  • Jun 10, 2021 7:24pm Jun 10, 2021 7:24pm
Quoting Heptael
Hey there. I have been reading you in the shadows, great thread, great forum. I like this TMS system. I have a question Does someone use the original TMS rules in D1 or W1 I dont like to trade h1 or h4 as i want a stress free position. No daytrading for me. I apply some basic rules that most traders use: I never exit a position. The market close my position. I always use a stop. I risk 2% of my trading account in each trade. So... do you guys apply TMS rules but in D1 or higher time frame? Any good/bad experience? Thanks!!!
Quoting emmanuel7788
{quote} Yes. Will you be online everyday when Sydney open everyday? I trade the Daily / Weekly Swing and also the 4H Swing. I do my Weekly Top Down Analysis WTDA after NY Closed on Friday. This will be my Big Picture Planning and I prepare my trade plans for the week. I also day-trade H1 during this pandemic during Sydney-Tokyo 2 to 3 hours, and the European session from Frankfurt 7am to New York Open. I use trade managers EA to manage my trades. Saves me lot of time no need to check my trades so often. I also diversify my trading with semi-auto EAs. I follow TMS rules for few years but I can trade without the Stoch and TDI the same way the OP after 2 to3 years.


TMS Monitor Jun 11 Daily Sydney session

- a few possibilities ... but pick only ONE!


Attached Image (click to enlarge)
Click to Enlarge Name: TMS Mon Jun11 SYD Daily 11-6-2021 8-21-38 am.png Size: 32 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,465
  • Jun 10, 2021 7:33pm Jun 10, 2021 7:33pm
Quoting Heptael
Hey there. I have been reading you in the shadows, great thread, great forum. I like this TMS system. I have a question Does someone use the original TMS rules in D1 or W1 I dont like to trade h1 or h4 as i want a stress free position. No daytrading for me. I apply some basic rules that most traders use: I never exit a position. The market close my position. I always use a stop. I risk 2% of my trading account in each trade. So... do you guys apply TMS rules but in D1 or higher time frame? Any good/bad experience? Thanks!!!
Those wanting to trade the Daily (and Dailies)

Read these OP' posts.

https://www.forexfactory.com/thread/...80#post4666980

https://www.forexfactory.com/thread/...62#post4803962

https://www.forexfactory.com/thread/...93#post4808893

https://www.forexfactory.com/thread/...45#post4602845

https://www.forexfactory.com/thread/...12#post4580312

https://www.forexfactory.com/thread/...12#post4580312

https://www.forexfactory.com/thread/...80#post4553380
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,466
  • Jun 10, 2021 7:37pm Jun 10, 2021 7:37pm
Quoting emmanuel7788
{quote} {quote} TMS Monitor Jun 11 Daily Sydney session - a few possibilities ... but pick only ONE! {image}

EG Jun11 Daily SYD

- caution with Weekly big candles highs and lows on Daily too!

- your are in narrowing Weekly range!

- caution Price Big Round Number 8600

- Daily Price Action setup candle BEEOB

Attached Image (click to enlarge)
Click to Enlarge Name: EG Jun11 D1 pipware SYD 11-6-2021 8-28-08 am.png Size: 59 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,467
  • Jun 10, 2021 7:43pm Jun 10, 2021 7:43pm
Quoting emmanuel7788
{quote} {image} one goes Down, the other goes Up I like what I see on both charts and even better when I see more money in my trading account .... {image}
BTCUSD and XAUUSD Jun 11 Daily

- for investor-trader type

Attached Image (click to enlarge)
Click to Enlarge Name: BTCUSD vs XAUUSD Jun11 11-6-2021 8-40-26 am.png Size: 79 KB


to many this is good news,

https://www.cryptocraft.com/news/108...ading-for-some

many will no longer lose their money.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,468
  • Jun 10, 2021 8:10pm Jun 10, 2021 8:10pm
Quoting emmanuel7788
{quote} more PM Q&As Q. which of the TTE PA do you trade? A. I trade the 1-2-3 and also the 2b. 2b is like this below, but you need to see the APB/HA candle in the background of the price Bar Chart and important is the 5EMA Typical Price, Shift+2. {image} there are several threads where members talk about 2b trades. One of them is Divergence { here } the other is an old thread: https://www.forexfactory.com/thread/261338-2b-pattern...

PM Q&As

Q. I see a wcc on audusd mn chart, can I trade the h4 and daily

A. WCC is acronym for Weekly Control Candle, this strictly mean we see WCC on the Weekly chart timeframe only.
To learn about Weekly Control Candle, please follow THE PATH by member strat.
Strat's Long Term Stress Free Trading
https://www.forexfactory.com/thread/...s-free-trading

On my AU chart below, I see a recent WCC 5 weeks ago. A WCC requires 3 weekly bars to confirm. bar 2 is the WCC but it was confirmed after bar 3 closed.

Now TMS 5-Method traders are trading in this sideways market type, so we use our trading system developed to trade in such Market Type.

You can trade the 4H swing but note the range of the WCC High-Low, ...

Attached Image (click to enlarge)
Click to Enlarge Name: AU Jun11 Weekly WCC 11-6-2021 9-05-16 am.png Size: 34 KB

Attached Image (click to enlarge)
Click to Enlarge Name: AU Jun 11 H4 4H swing 11-6-2021 9-09-35 am.png Size: 51 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,469
  • Jun 10, 2021 8:25pm Jun 10, 2021 8:25pm
Quoting emmanuel7788
{quote} PM Q&As Q. I see a wcc on audusd mn chart, can I trade the h4 and daily A. WCC is acronym for Weekly Control Candle, this strictly mean we see WCC on the Weekly chart timeframe only. To learn about Weekly Control Candle, please follow THE PATH by member strat. Strat's Long Term Stress Free Trading https://www.forexfactory.com/thread/...s-free-trading On my AU chart below, I see a recent WCC 5 weeks ago. A WCC requires 3 weekly bars to confirm. bar 2 is the WCC but it was confirmed after bar 3 closed....

PM Q&As continue

Q. hi, can you post indicator which show the pips on your chart {link}

A. that's the pipsometer shared by member ominisha. You can download here:
https://www.forexfactory.com/thread/...21#post7696521
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,470
  • Jun 10, 2021 8:34pm Jun 10, 2021 8:34pm
TMS Telegram Asia-based Group#2 June

- target zone for EG sell

Look for potential move lower to this gray zone in the comings days / week. May not happen today because we know its ADR and current market sentiments.
It will need a very strong move in GBP against the USD and a weaker Euro . We have G7 leaders meeting.

When trading the Daily, pay close attention to Daily big candles to the left of current price action.


Attached Image (click to enlarge)
Click to Enlarge Name: EG Jun11 target zone 11-6-2021 9-28-48 am.png Size: 43 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,471
  • Jun 10, 2021 8:44pm Jun 10, 2021 8:44pm
TMS Monitor EA H4 Tokyo 10AM, 6PM PDT Big E' local time

- this is the first H4 I look at everyday

- the next would by the Tokyo session 5-hours high-low

Attached Image (click to enlarge)
Click to Enlarge Name: TMS Monitor Jun11 Tokyo 10am 11-6-2021 9-38-52 am.png Size: 34 KB


during this Sydney-Tokyo session 2 to 3 hours, I trade only AU, UJ and AJ.

at this moment I do not see any SYD_2H trade opportunity.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,472
  • Jun 10, 2021 9:10pm Jun 10, 2021 9:10pm
Quoting emmanuel7788
{quote} PM Q&As continue Q. hi, can you post indicator which show the pips on your chart {link} A. that's the pipsometer shared by member ominisha. You can download here: https://www.forexfactory.com/thread/...21#post7696521
PM Q&As continue

Q. hi big emu, i see member post using QM on their charts and claim they trade TMS. What is this QM on charts?

A. QM is what some recent traders use on their charts and post them like TMS trades.
QM = quasimodo another form of price chart analysis.
It is simply another way to look for support and resistance, sell high at resistance, buy low at support.... single shot trading.

Like Big E said: "it's like everything in FX... nothing works 100% of the time and that goes for ..." QM too!
https://www.forexfactory.com/thread/...30#post4553530
I don't use them.


You can read some of member named Inthebox posts in this thread Up and under price pattern
Up and under price pattern | Page 195 | Forex Factory

Here is a pdf on QM
Attached File(s)
File Type: pdf Explanation of Quasimodo pattern, Over and Under.pdf   147 KB | 782 downloads
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,473
  • Jun 10, 2021 9:21pm Jun 10, 2021 9:21pm
Quoting emmanuel7788
{quote} PM Q&As continue Q. hi big emu, i see member post using QM on their charts and claim they trade TMS. What is this QM on charts? A. QM is what some recent traders use on their charts and post them like TMS trades. QM = quasimodo another form of price chart analysis. It is simply another way to look for support and resistance, sell high at resistance, buy low at support.... single shot trading. Like Big E said: "it's like everything in FX... nothing works 100% of the time and that goes for ..." QM too! https://www.forexfactory.com/thread/...30#post4553530...
PM Q&As continue

another PM,
Hey man Have you every thought about making a discord for Trading Made Simple ? I think people can learn alot from talking to each other more?

I have been on wallstbets discord and it is a great way to learn.


A. I do not use discord.
There are already several TMS Telegram groups and also WhatsApp groups which I participate in and share my daily trade ideas.

If any of you want to start your own Telegram groups in your community, please do so.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,474
  • Jun 10, 2021 9:31pm Jun 10, 2021 9:31pm
Quoting emmanuel7788
{quote} BTCUSD and XAUUSD Jun 11 Daily - for investor-trader type {image} to many this is good news, https://www.cryptocraft.com/news/108...ading-for-some many will no longer lose their money.
Sadly, we here in the states can trade neither.
If you are good at something, never do it for free--Joker
  • #120,475
  • Jun 10, 2021 9:37pm Jun 10, 2021 9:37pm
Quoting emmanuel7788
TMS Telegram Asia-based Group#2 June - target zone for EG sell Look for potential move lower to this gray zone in the comings days / week. May not happen today because we know its ADR and current market sentiments. It will need a very strong move in GBP against the USD and a weaker Euro . We have G7 leaders meeting. When trading the Daily, pay close attention to Daily big candles to the left of current price action. {image}

EG Jun 11 Day Trading

- potential intraday correction up to gray zone .. higher up ... DANGER if you use small stops.

Attached Image (click to enlarge)
Click to Enlarge Name: EG Jun11H1 intraday correction PRZ 11-6-2021 10-31-29 am.png Size: 53 KB

I have these in mind all the time:

The 5 Fundamental Truths of Trading by Mark Douglas

1. Anything can happen.

2. You don’t need to know what is going to happen next to make money.

3. There is a random distribution between wins and losses for any given set of
variables that define an edge.

4. An edge is nothing more than an indication of a higher probability of one thing
happening over another.

5. Every moment in the market is unique.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,476
  • Jun 10, 2021 9:58pm Jun 10, 2021 9:58pm
Quoting emmanuel7788
{quote} EG Jun 11 Day Trading - potential intraday correction up to gray zone .. higher up ... DANGER if you use small stops. {image} I have these in mind all the time: The 5 Fundamental Truths of Trading by Mark Douglas 1. Anything can happen. 2. You don’t need to know what is going to happen next to make money. 3. There is a random distribution between wins and losses for any given set of variables that define an edge. 4. An edge is nothing more than an indication of a higher probability of one thing happening over another. 5. Every moment in...

Hi Emmanuel,

Good to see this as your analysis. The price level you drawn correlates with how QM and S/D would determine.

Whatever approach you are using, the area you drawn can also be determined by QM pattern.

QM levels can be an optional alternative of previous highs/lows for price levels as part of PA analysis of TMS.

But you may have confusion of the distinct difference of trading QM and using QM as part of analysis. Maybe you want to accuse InTheBox who has posted trades in this thread, but he is an experienced QM trader.
  • #120,477
  • Jun 10, 2021 10:15pm Jun 10, 2021 10:15pm
Quoting emmanuel7788
{quote} EG Jun 11 Day Trading - potential intraday correction up to gray zone .. higher up ... DANGER if you use small stops. {image} I have these in mind all the time: The 5 Fundamental Truths of Trading by Mark Douglas 1. Anything can happen. 2. You don’t need to know what is going to happen next to make money. 3. There is a random distribution between wins and losses for any given set of variables that define an edge. 4. An edge is nothing more than an indication of a higher probability of one thing happening over another. 5. Every moment in...

EG Jun 11 H4 active candle

- H4 has 1hr 53mins to its Close, and we see HA changed colour

- Weekly is sideways, do you want to buy in this market type?

- better do a 'thorough investigation' for every potential trade setup you see. {here} and {here}, and make this one of your many trading habits of a successful TMS trader.
Attached Image (click to enlarge)
Click to Enlarge Name: EG Jun 11 H4 V19 POMO11-6-2021 11-07-08 am.png Size: 93 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,478
  • Jun 10, 2021 10:24pm Jun 10, 2021 10:24pm
Quoting emmanuel7788
TMS Monitor EA H4 Tokyo 10AM, 6PM PDT Big E' local time - this is the first H4 I look at everyday - the next would by the Tokyo session 5-hours high-low {image} during this Sydney-Tokyo session 2 to 3 hours, I trade only AU, UJ and AJ. at this moment I do not see any SYD_2H trade opportunity.

EZ Jun 11 H4

- APB/HA candle#1 entry

- do you have the confidence to pull the trigger with this setup conditions?

- do you have the same trading habits of a successful TMS trader? {here} and {here},

Attached Image (click to enlarge)
Click to Enlarge Name: EZ Jun 11 H4 in Weekly sideways market type 11-6-2021 11-03-55 am.png Size: 84 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #120,479
  • Jun 10, 2021 11:29pm Jun 10, 2021 11:29pm
Good morning all and here is my chart setup as i have two basic problems that i have been grappling with of late to enable me be consistent in my trading, my philosophy is built around Big E's principle of simplicity and am sure we are all aware of KISS. So I try to declutter my charts as much as possible.
1. I find it difficult to stick to my plan of entering trades on the one hour chart when it agrees via a crossover between EMA 3 in white EMA 15 in red and with the four hour chart when a similar crossover occurs.
2. I am still trying to incorporate the Breakout RSI indicator which is the brown box into my trading as it has proven to be a great way to catch reversal on the one hour chart.
I hope I find help please thanks.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY.png Size: 146 KB
"With God all things are possible"
  • #120,480
  • Jun 10, 2021 11:36pm Jun 10, 2021 11:36pm
This here is an example of gold presently. Notice it has touched the upper side of the brown box and ideally it should fall down because the upper part signifies the overbought region for the day but sometimes it shifts up before it falls and that is where i have an issue with the brown box or breakout rsi.

Note that i only take trades when the two timeframes agree which is why i arranged the charts side by side that is 4 hour chart and then the 1 hour chart.

Thank you...
Attached Image (click to enlarge)
Click to Enlarge Name: gold.png Size: 142 KB
"With God all things are possible"
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