Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #129,282
- Mar 5, 2022 11:49pm Mar 5, 2022 11:49pm
- Joined Nov 2008 | Status: Trader | 50,234 Posts
Trading Made Simple Weekend Exercise
- study these these charts A,B and C
- follow Big E' Post#261 (price action)
- how well do you know the TMS_V19 EA and the information it provides?
- what type of trader are you? when and where would you place your trade entry?
chart A
chart B
chart C
- study these these charts A,B and C
- follow Big E' Post#261 (price action)
- how well do you know the TMS_V19 EA and the information it provides?
- what type of trader are you? when and where would you place your trade entry?
chart A
chart B
chart C
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #129,283
- Mar 6, 2022 4:01am Mar 6, 2022 4:01am
- Joined Nov 2008 | Status: Trader | 50,234 Posts
Week 10 Mar 07 to 11
Pick one SELL
Pick one SELL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #129,284
- Mar 6, 2022 4:03am Mar 6, 2022 4:03am
- Joined Nov 2008 | Status: Trader | 50,234 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #129,285
- Mar 6, 2022 4:04am Mar 6, 2022 4:04am
- Joined Nov 2008 | Status: Trader | 50,234 Posts
Week 10 Mar 07 to 11
Pick one BUY
Pick one BUY
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #129,286
- Mar 6, 2022 4:07am Mar 6, 2022 4:07am
- Joined Nov 2008 | Status: Trader | 50,234 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #129,287
- Mar 6, 2022 4:34pm Mar 6, 2022 4:34pm
- Joined Nov 2008 | Status: Trader | 50,234 Posts
Mar 07 Tokyo Open
sell, sell, sell ,
sell, sell, sell ,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #129,288
- Mar 6, 2022 5:37pm Mar 6, 2022 5:37pm
- Joined Nov 2008 | Status: Trader | 50,234 Posts
Don't get fired ! Just make the necessary transition to trading 4hr charts during the London session... or Daily charts.
Post#281
Don't get fired ! Just make the necessary transition to trading 4hr charts during the London session... or Daily charts.
=================
when you make the transition to trading the 4hr charts, it does not mean you must trade the H4 chart timeframe.
you can look at your H4 charts and know what the H4 Price Action is and where the most recent swing highs and swing lows were using Bill William Fractals (5bars)
then you look at Big E' 5-Method chart template with the HA candles and 5EMA, and both the Stoch and TDI and follow Post#261.
Simply looking at price action,
there was no buy on Friday Mar04.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #129,289
- Mar 6, 2022 7:55pm Mar 6, 2022 7:55pm
- Joined Oct 2020 | Status: Trader | 3,886 Posts
hi, good system and trying it out buth have a question. Can anyone set a alert on de tdi indicator when green crossed red line up and down? Don´t know if its possible or that i may ask it here sorry if not. thanks allready. {file}
I trade with my phone so I use TradingView for analysis and execute trades with mobile MT4. The reason is TradingView has full control interface on both PC and phone but mobile MT4 has limited functions.
You can refer to my post #120591 to set up the template.
You can view the source code of the TDI green red.mt4 to review the source of TDI green red lines used in BigE's TMS method.
Once I use PA analysis as of BigE's #647, I then set up alert for TDI green cross red. Then just wait for the signal and do a final check and execute trades if things are okay.
Analysis is done with Price Action and without relying on indicators like TDI. But TDI is heart the method as picking the bias with TDI cross signals save effort and time in charting, but at the same time not missing the opportunities.
Hope it helps.
- #129,290
- Mar 6, 2022 9:16pm Mar 6, 2022 9:16pm
- Joined Nov 2008 | Status: Trader | 50,234 Posts
Price action is price action is price action
its does not depends on what broker and what trading platform you use
when you trade on your H1 charts, you see the swing highs and swing lows easily on a naked chart without any indicators
it is a simple skill you must have ... nothing complicated nor complex as some people would want you to believe
that is the natural flow of the market as we learn in Big E' old thread and those tutorial videos
https://www.forexfactory.com/thread/...22#post3301222
below AUDUSD H1 at Frankfurt 6am
after that big candle, we see small candles ... its consolidation now, and one more H1 candle close, we will know if there is a Master Candle[4]...
...
...
its does not depends on what broker and what trading platform you use
when you trade on your H1 charts, you see the swing highs and swing lows easily on a naked chart without any indicators
it is a simple skill you must have ... nothing complicated nor complex as some people would want you to believe
that is the natural flow of the market as we learn in Big E' old thread and those tutorial videos
https://www.forexfactory.com/thread/...22#post3301222
below AUDUSD H1 at Frankfurt 6am
after that big candle, we see small candles ... its consolidation now, and one more H1 candle close, we will know if there is a Master Candle[4]...
...
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #129,291
- Mar 6, 2022 9:24pm Mar 6, 2022 9:24pm
- Joined Nov 2008 | Status: Trader | 50,234 Posts
hi, good system and trying it out buth have a question. Can anyone set a alert on de tdi indicator when green crossed red line up and down? Don´t know if its possible or that i may ask it here sorry if not. thanks allready. {file}
{quote} hi bonscott1 since you already have the same TDI Red Green used by the OP, you can consider to use the @TMSTDI WatchDog for alert. see this post#116,612 there are also other indicators and expert advisors which provide more alerts conditions for TMS 5-Method. 1) TMS-V19 Information EA 2) TMS Monitor EA 3) TMS OSC It depends on you and how much knowledge and experience you have in trading and the use of with MT4 tools. Please let me know when you have any questions....
Using the @TMSTDI WatchDog slope
the green line cross UP is useless against the Weekly strong bearish candle price action
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #129,292
- Mar 6, 2022 9:31pm Mar 6, 2022 9:31pm
- Joined Nov 2008 | Status: Trader | 50,234 Posts
TMS Monitor Mar07 London 5:30am (Big E' 10pm PDT 4hr)
- in 32 minutes , you will know which setup to trade
- all the checkmark green lines are useless when against the Weekly bulls and bears.
> after this 4hr H4, you will follow the H4 price action and support&resistance, and the swing highs and swing lows
...
- in 32 minutes , you will know which setup to trade
- all the checkmark green lines are useless when against the Weekly bulls and bears.
> after this 4hr H4, you will follow the H4 price action and support&resistance, and the swing highs and swing lows
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #129,293
- Mar 7, 2022 4:25am Mar 7, 2022 4:25am
- Joined Nov 2008 | Status: Trader | 50,234 Posts
Good Morning all you fabulous traders....
I started trading full lots last year... tiring of $1 a pip. Takes the same amount of work... why not get paid for it? Often shooting for $500-$1,000 PER EVENING.
iT'S NOT UNCOMMON TO FIND 3-6 TRADE SET UPS PER EVENING.
[FONT=comic...
#7555
Two sell entries.
Done for today' day session.
Next, wait for Chicago 9:30am M30
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #129,296
- Mar 7, 2022 4:01pm Mar 7, 2022 4:01pm
- Joined Nov 2008 | Status: Trader | 50,234 Posts
Price action is price action is price action its does not depends on what broker and what trading platform you use when you trade on your H1 charts, you see the swing highs and swing lows easily on a naked chart without any indicators it is a simple skill you must have ... nothing complicated nor complex as some people would want you to believe that is the natural flow of the market as we learn in Big E' old thread and those tutorial videos https://www.forexfactory.com/thread/...22#post3301222 below AUDUSD H1 at Frankfurt 6am after...
AUDUSD Mar07 H1 follow up
- did anyone follow up with this?
- that H1 Master candle lasted many candles ... consolidation
- we have a H1 Master Candle breakout
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #129,297
- Mar 7, 2022 4:03pm Mar 7, 2022 4:03pm
- Joined Nov 2008 | Status: Trader | 50,234 Posts
Current status... #1 (I guess it is time to close it because TDI got flat) {image} #2 (I will let check it on next H4 candle) {image}
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #129,298
- Mar 7, 2022 4:06pm Mar 7, 2022 4:06pm
- Joined Nov 2008 | Status: Trader | 50,234 Posts
I took this morning #1 {image} #2 {image}
key is DISCIPLINE ...
when you know what setups to look for and wait patiently for them to appear , the method is less than 5%
the rest is risk management and how you manage your trading psychology
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #129,299
- Edited 4:18pm Mar 7, 2022 4:08pm | Edited 4:18pm
- Joined Nov 2008 | Status: Trader | 50,234 Posts
{quote} #7555 Two sell entries. Done for today' day session. Next, wait for Chicago 9:30am M30 {image}
Two more trades closed
and improve my daily average
#7555
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #129,300
- Mar 7, 2022 8:08pm Mar 7, 2022 8:08pm
- Joined Nov 2008 | Status: Trader | 50,234 Posts
{quote} US30 and US500 Trades closed Mar07 Two more trades closed and improve my daily average {image} #7555 ...
US Markets Mar08 Tokyo 1pm London 4am New York 11pm
- I like what I see ... sell the rallies .... target the lows
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett