ITB - Seeing Orderliness amongst 'Randomness'
- #135,582
- Nov 3, 2022 10:24pm Nov 3, 2022 10:24pm
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
- #135,583
- Nov 3, 2022 10:27pm Nov 3, 2022 10:27pm
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
- #135,584
- Nov 3, 2022 10:31pm Nov 3, 2022 10:31pm
- Joined Jun 2010 | Status: Trader | 16,699 Posts
ITB - Seeing Orderliness amongst 'Randomness'
- #135,585
- Nov 3, 2022 11:10pm Nov 3, 2022 11:10pm
- Joined Nov 2008 | Status: Trader | 50,263 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #135,586
- Nov 3, 2022 11:12pm Nov 3, 2022 11:12pm
- Joined Nov 2008 | Status: Trader | 50,263 Posts
For those of you Price Action with Trend Line lovers: - the 4hr trade window is now open! {image} {image}
...
For those who waited for the 4hr candle close and the new candle bar(0) which is Big E' 4hr Pacific 10PM candle,
you have been rewarded ...
looking at the Price Action and volatility of the candles I will be very careful this 4hr period when the European and London markets open and knowing tonight is the also data from Ottawa anything can happen in the next few hours until Pacific 6am
have you exit strategy ready ... #557
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #135,587
- Nov 3, 2022 11:15pm Nov 3, 2022 11:15pm
- Joined Jun 2010 | Status: Trader | 16,699 Posts
ITB - Seeing Orderliness amongst 'Randomness'
- #135,588
- Nov 3, 2022 11:18pm Nov 3, 2022 11:18pm
- | Membership Revoked | Joined Jun 2011 | 9,885 Posts
To free Gazans of Hamas, use whatever it takes.
- #135,589
- Nov 3, 2022 11:20pm Nov 3, 2022 11:20pm
- Joined Nov 2008 | Status: Trader | 50,263 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #135,590
- Nov 3, 2022 11:31pm Nov 3, 2022 11:31pm
- Joined Nov 2008 | Status: Trader | 50,263 Posts
EURNZD Nov 04 H1 trade - sideways market type conditions - trade during the 4hr trade window - Price Action H1 Pullback candle from yesterday's swing high and BRN 16900 ... alert triggered - M15 entry done early during the H1 active candle - TP1 hit{image} ..
.
EURNZD Nov 04 H1 trades closed
- TMS-II trades single entry multiple exits TP1, TP2 and TP3
- total 101 pips for Asian session
- got the price alert @1.168167 but I let the trade manager manage the trailing CSTSL
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #135,591
- Nov 3, 2022 11:41pm Nov 3, 2022 11:41pm
- Joined Jun 2010 | Status: Trader | 16,699 Posts
ITB - Seeing Orderliness amongst 'Randomness'
- #135,592
- Nov 3, 2022 11:51pm Nov 3, 2022 11:51pm
- Joined Nov 2008 | Status: Trader | 50,263 Posts
{quote} One example here. BigE’s TMS method. min #647, TMS traders should be patient and wait for a high to form before trading continuation with TDI cross down signal. Chasing the price is a common trading mistake and a major reason of losing money. {image} Only Sell in a downtrend with clean LHLL formation. {image}
Obviously you did not learn from older member Phx62 who is one of TMS top traders here and highly respected by many.
His early bird trade has nothing to do with FOMO.
My AU sell has already taken profit and you chose to ignore the fact which in right in front of your eyes.
You need to manage your emotions in this thread and be focus on trading discussions. Be like your buddy InTheBox ITB , he post realtime live charts and when he took trades. For example, ITB he post his EN buy trade here #135,538. He had one trade loss and you can make your hindsight expert comments and let us learn from your expert post trade analysis.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #135,593
- Nov 3, 2022 11:53pm Nov 3, 2022 11:53pm
- Joined Nov 2008 | Status: Trader | 50,263 Posts
{quote} what the .......... price broke up 1.12 and retest not touching it. {image} {image}
two bags full!
now we have 'triple tops'
send in the clowns
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #135,594
- Nov 3, 2022 11:54pm Nov 3, 2022 11:54pm
- | Joined Mar 2022 | Status: Trader | 1,093 Posts
I was talking about this 
- #135,595
- Nov 4, 2022 12:00am Nov 4, 2022 12:00am
- Joined Nov 2008 | Status: Trader | 50,263 Posts
AU Nov04 H4
- TDI lovers must have been tempted by that last 4hr candle
- TDI lovers must have been tempted by that last 4hr candle
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #135,596
- Nov 4, 2022 12:08am Nov 4, 2022 12:08am
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote} what the .......... price broke up 1.12 and retest not touching it. {image} {image}
Liquidity grab are good levels to look at should trend is to reverse.
- #135,597
- Nov 4, 2022 12:10am Nov 4, 2022 12:10am
- Joined Nov 2008 | Status: Trader | 50,263 Posts
{quote} AU buy. SL at BE when price reached next resistance and let run. closing it now as price is testing the one resistance further with TDI as hint. SL to BE+ {image}{image}
I don't see any low risk trading idea using M15
Please share your thought process behind taking this trade decision knowing that you work fulltime job in an office.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #135,598
- Nov 4, 2022 12:13am Nov 4, 2022 12:13am
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote} @tommydog... Obviously you did not learn from older member Phx62 who is one of TMS top traders here and highly respected by many. His early bird trade has nothing to do with FOMO. My AU sell has already taken profit and you chose to ignore the fact which in right in front of your eyes. You need to manage your emotions in this thread and be focus on trading discussions. Be like your buddy InTheBox ITB , he post realtime live charts and when he took trades. For example, ITB he post his EN buy trade here #135,538. He had one trade loss and...
Your entry was actually late from Previous Low and too “early bird” for the next High to sell back down
Your took profit was 18 pips but the Drawdown was >40pips. Your SL is even larger than that
it is the path to losing money in long term. Keep your RR > 1
Remember to follow TDI green cross red down in sell.
- #135,599
- Nov 4, 2022 12:21am Nov 4, 2022 12:21am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
Love them fact checking post's > OuchThey tend to burst inflated egos.
- #135,600
- Nov 4, 2022 12:31am Nov 4, 2022 12:31am
- Joined Oct 2020 | Status: Trader | 3,886 Posts
{quote} And that example of price chasing leading to failure was a result of relying on the direction of a much higher TF without regard to the fact that change comes from the lowest TF and propagates upward through the TFs.
TDI is lagging but is reacting to the market
In Trading Made Simple, we combine the 2 and come up with the TMS method that we can set expectation for a trade setup to come.
TMS is not about getting in “early”, it is about getting in “right” for high hit rate positions. And the credit goes to BigE
trade well
