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My Trading Journey with TMS Classic

  • #261
  • May 15, 2022 11:31pm May 15, 2022 11:31pm
3. Trade Entry
- Time Frame for Trade Entry: H1 TF
- Trade Entry follows Trend Direction of Set-up Candle
- Entry time: After FO/LO (Frankfurt Open/London Open) and before LC (London Close)
- Trade Entry Set-up Candle:
o TDI Green Crosses Red
o Follow Trend Direction of Set-up Candle on Daily TF
o TDI has a good Slope
o Stoch Confirms TDI Signal
o Color Candle: Do not need to be the same as Direction Bias
- Entry Candle:
o Enter at the Beginning of the next candle after Trade Entry Set-up Candle
o At the beginning of the Entry Candle: The color must be the same as Direction Bias
o Entry Candle must be Candle #1 or #2 after Color changing
Trading TMS Classic Way - https://www.forexfactory.com/thread/1114833
  • #262
  • May 16, 2022 3:07am May 16, 2022 3:07am
Quoting markrekt
Daily TF Scanning - Mon 1. UCAD - Previous Candle (Last Friday): Red Candle; TDI Green crosses down Red; Candle #1; Good Body Size (Show Momentum); Close below EMA5 ==> Bearish Bias - Find Short EP on H1 TF 2. EA - Previous Candle (Last Friday): Red Candle; TDI Green crosses down Red; Candle #1; Good Body Size (Show Momentum); Close below EMA5 ==> Bearish Bias - Find Short EP on H1 TF {image} {image}
UCAD - H1 Short
EA - H1 Short
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Trading TMS Classic Way - https://www.forexfactory.com/thread/1114833
  • #263
  • May 16, 2022 7:58pm May 16, 2022 7:58pm
Quoting markrekt
{quote} UCAD - H1 Short EA - H1 Short {image} {image}
UCAD, EA are both good
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Trading TMS Classic Way - https://www.forexfactory.com/thread/1114833
  • #264
  • May 16, 2022 9:52pm May 16, 2022 9:52pm
Daily Scanning
- GU: Look good for LONG ==> Find LONG Opportunities on H1 TF
- AU: Same Bullish Bias
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Trading TMS Classic Way - https://www.forexfactory.com/thread/1114833
  • #265
  • May 17, 2022 8:08pm May 17, 2022 8:08pm
Daily Scanning
- EU: Looking for LONG
- EJ: LONG
- UCHF: SHORT
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Trading TMS Classic Way - https://www.forexfactory.com/thread/1114833
  • #266
  • May 18, 2022 5:14am May 18, 2022 5:14am
Quoting markrekt
Daily Scanning - EU: Looking for LONG - EJ: LONG - UCHF: SHORT {image} {image} {image}
Buy EU
Sell UCHF
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Trading TMS Classic Way - https://www.forexfactory.com/thread/1114833
  • #267
  • May 18, 2022 6:55am May 18, 2022 6:55am
Quoting markrekt
{quote} Buy EU Sell UCHF {image} {image}
Did you not go in a bit early before the actual cross on H1?
  • #268
  • May 18, 2022 10:10am May 18, 2022 10:10am
Quoting markrekt
{quote} Buy EU Sell UCHF {image} {image}
EU Stop out
UCHF looks strong down
Both trades closed
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Trading TMS Classic Way - https://www.forexfactory.com/thread/1114833
  • #269
  • May 18, 2022 10:12am May 18, 2022 10:12am
Quoting lynnc
{quote}Did you not go in a bit early before the actual cross on H1?
Sure Lynnc. I go quite early. At the time of trade entries, TDI Green touch Red and I have got a bet
Look UCHF: The best Entry is what I have missed (See above chart)
And EU: Note that we have no ideal Short Entry from Red vertical line ==> I have a lesson from the mistake.
If I follow the rules, I will not have to close UCHF too early to recover the loss from EU trade. UCHF looks like to reverse now on Daily TF
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Trading TMS Classic Way - https://www.forexfactory.com/thread/1114833
  • #270
  • May 18, 2022 11:03am May 18, 2022 11:03am
The new way your're looking for trades is working very well
  • #271
  • May 18, 2022 7:32pm May 18, 2022 7:32pm
Quoting markrekt
{quote} Buy EU Sell UCHF {image} {image}

my 2 cents:

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pick only the best setups like Big E used to tell traders and that requires lots of patience and wait for the best setups

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #272
  • May 18, 2022 8:28pm May 18, 2022 8:28pm
Daily Scanning
- xxxU Pairs: Yesterday candle indicates a possible Trend Change but unconfirmed by TDI . Or Maybe just a Trend Pause before Bull Resume. We don't know. So We will Pass these pairs today.
- UCHF: Look like this pair is in a strong downtrend mode so we will look forward a Short EP if any
- UJ: No clear signals. Possible Bounce Set-up on Daily TF. I will bet to Short.
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Trading TMS Classic Way - https://www.forexfactory.com/thread/1114833
  • #273
  • May 18, 2022 8:34pm May 18, 2022 8:34pm
Quoting emmanuel7788
{quote} my 2 cents: {image} pick only the best setups like Big E used to tell traders and that requires lots of patience and wait for the best setups {image}
Thank you Emmanuel.
Trading TMS Classic Way - https://www.forexfactory.com/thread/1114833
  • #274
  • May 18, 2022 10:17pm May 18, 2022 10:17pm
Quoting markrekt
3. Trade Entry - Time Frame for Trade Entry: H1 TF - Trade Entry follows Trend Direction of Set-up Candle - Entry time: After FO/LO (Frankfurt Open/London Open) and before LC (London Close) - Trade Entry Set-up Candle: o TDI Green Crosses Red o Follow Trend Direction of Set-up Candle on Daily TF o TDI has a good Slope o Stoch Confirms TDI Signal o Color Candle: Do not need to be the same as Direction Bias - Entry Candle: o Enter at the Beginning of the next candle after Trade Entry Set-up Candle o At the beginning of the Entry Candle: The color...
Good set of rules following BigE’s TMS. Keep it simple for the TMS entry rules, then executions will be swift and accurate.

I see you use the dynamic entry as of BigE’s way of entering trades before candle close. My way to trade is reversal entries are almost always wait until candle close to confirm TDI cross. Trend continuation entries can be dynamic or upon candle close with LTF confirmation
The directional bias is confirmed by HHHL or LHLL formation.

by the way Lynnc, the reversal setup I mentioned months ago is applied in my trades as a confluence. FYI.

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  • #275
  • May 19, 2022 2:44am May 19, 2022 2:44am
Quoting markrekt
Daily Scanning - xxxU Pairs: Yesterday candle indicates a possible Trend Change but unconfirmed by TDI . Or Maybe just a Trend Pause before Bull Resume. We don't know. So We will Pass these pairs today. - UCHF: Look like this pair is in a strong downtrend mode so we will look forward a Short EP if any - UJ: No clear signals. Possible Bounce Set-up on Daily TF. I will bet to Short. {image} {image} {image} {image} {image}
Poor me. Dont have trade UJ
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Trading TMS Classic Way - https://www.forexfactory.com/thread/1114833
  • #276
  • May 23, 2022 1:19am May 23, 2022 1:19am
Daily Scanning
I dont see any good Daily Candle for a Trade Entry Today. It seems like to be a Free-Trade Monday
Trading TMS Classic Way - https://www.forexfactory.com/thread/1114833
  • #277
  • May 25, 2022 11:54pm May 25, 2022 11:54pm
We don't have any daily set-up candle this week. What a lazi week.
I have a look at AU, XAU now.
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Trading TMS Classic Way - https://www.forexfactory.com/thread/1114833
  • #278
  • May 28, 2022 1:23am May 28, 2022 1:23am
If it's a boring week, I can offer a live week) My approach to trading is also based on two timeframes, only I am trading S&P on M10 looking for an entry on M1. Stop for the minimum of the previous candle. Potential in the transaction, risk-profit from 1:3 and above.
1) Even the most minimal move of the price on M1 gives you 250-300 p = at least $ 100 -use a take profit of 250 p and you will have a profit in 8 out of 10 transactions!
2) You can enter into a deal on M1 on any rollback, after the red candle. You can take more movement if you trawl the stop along the M10 until the first red candle closes on the M10. There are many options, from scalping to intraday movements from 1000 p and above.
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Study the history behind and you'll be surprised how easy it is. Simple and effective!
  • #279
  • May 29, 2022 9:54am May 29, 2022 9:54am
Quoting faktmany
If it's a boring week, I can offer a live week) My approach to trading is also based on two timeframes, only I am trading S&P on M10 looking for an entry on M1. Stop for the minimum of the previous candle. Potential in the transaction, risk-profit from 1:3 and above. 1) Even the most minimal move of the price on M1 gives you 250-300 p = at least $ 100 -use a take profit of 250 p and you will have a profit in 8 out of 10 transactions! 2) You can enter into a deal on M1 on any rollback, after the red candle. You can take more movement if you trawl...
Nice that you have been able to make a profitable system, but for most people, trying to use only TFs that are different by a factor of 10 is not going to be fruitful, especially when volatility is low and the higher TF goes into a sideways consolidation soon after an entry.
To free Gazans of Hamas, use whatever it takes.
  • #280
  • May 29, 2022 11:56pm May 29, 2022 11:56pm
Quoting faktmany
If it's a boring week, I can offer a live week) My approach to trading is also based on two timeframes, only I am trading S&P on M10 looking for an entry on M1. Stop for the minimum of the previous candle. Potential in the transaction, risk-profit from 1:3 and above. 1) Even the most minimal move of the price on M1 gives you 250-300 p = at least $ 100 -use a take profit of 250 p and you will have a profit in 8 out of 10 transactions! 2) You can enter into a deal on M1 on any rollback, after the red candle. You can take more movement if you trawl...
Hi Faktmany,
I personally can not trade on lower TF. Some reasons as following:
1. I can not stand in front of the computer all the time. Just not fit to my trading style
2. Lower TF provides noise & false signals. Hardly can I identify exactly trend to trade. For example, Assume that PA is going up and Pull back, how can I know that the Pull back phase is only a retracement after resume to Bullish or this is a real reversal?
3. Trading H1 following D1 Trend is less stress for me.
Trading TMS Classic Way - https://www.forexfactory.com/thread/1114833
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