Disliked{quote} Recent inquiries are about the actual technical application of BigE’s TMS method. In the last few posts I suggested a few key elements of BigE’s TMS method that are extremely useful 1. TDI green red line —-> cross (#647 PA analysis) 2. Previous High/Low —-> (Equal) highs 3. Rejection at previous High/Low ——> rejection at high for third time 4. Trend, long and short term —-> range. TP play safe and set at most at range low There are more elements of the method advised by BigE scattered in this thread. Make sure you can identify the true rules....Ignored
"In the last few posts I suggested a few key elements of BigE’s TMS method that are extremely useful"
@tommydogie
No you did not. You provided misleading information how you interpret Big E' Post#647. You only make it sound too easy. Remember, Big E had 10 years prior trading experience trading the US stock markets. He spent 2 years to learn to trade retail spot forex. Then took him 2 years to develop his 5-Method. More ...
You did not follow the basics elements of Big E' 5-Method which he clearly written in his Post#261 below:
The Stoch(8,3,3) is important component in Big E' 5-Method trade setup candle. Follow his posts which link to his old thread form lots of examples with his training charts. Pay attention to details when he mentioned the three letter "TDI" it refers to the green line most of the time, other time the green and red lines. He also talked about the yellow line and the blue lines in some older posts. Learn EVERYTHING and spend more time forward testing and trading in real-time live market conditions instead of trying to find short-cuts eliminating the Stochastic, APB candles and 5EMA on your charts.
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Don't contact Dean Malone about the TDI. The way he uses it for his method is 180 degrees from how we use it... you need to learn how to use it our way...
The TDI is the heart of our method. It tells you when to enter and where to exit any trades... so review previous posts and learn it good.
HA Candles are important because it makes your trading way less stressful... use them.
Stoch's is nothing but confirmation. If Stoch's & the TDI give different signals... lights flash off and on warning me to take a closer look before entering.. and usually I look for another trade.
5 ema... shows direction currently... only wanting to enter on candle 1 or two. If there is a reversal do I have a TDI signal to enter... if not and all looks strong then enter on candle 2... use some discretion... practice on Demo... take some chances and see if yor head computer was right... it's free.
HA Candles... What are their size? If they are small I will usually go find another set up... Look for consolidation... look for how close PA is to supp/res levels... use your brain !
Believe it or not you have to participate and think... until it's so second nature... there is nothing to it... it's so simple... don't complicate it or you will lose...
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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